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A Gateway To Opportunity Foundation is a private corporation based in FLORENCE, AL. The foundation received its IRS ruling in 2022. It holds total assets of $313K. Annual income is reported at $13K. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2022 to 2023. According to available records, A Gateway To Opportunity Foundation has made 6 grants totaling $93K, with a median grant of $9K. Annual giving has grown from $30K in 2022 to $63K in 2023. Individual grants have ranged from $5K to $40K, with an average award of $15K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Alabama and Florida. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
A Gateway To Opportunity Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in AL, FL.
A Gateway To Opportunity Foundation has distributed a total of $93K across 6 grants. The median grant size is $9K, with an average of $15K. Individual grants have ranged from $5K to $40K.
A Gateway To Opportunity Foundation typically selects its grantees rather than accepting unsolicited proposals.
A Gateway To Opportunity Foundation is headquartered in FLORENCE, AL. While based in AL, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Allan L Rappuhn | DIRECTOR-PRESIDENT | $0 | $0 | N/A |
| Jay Nisberg | DIRECTOR | $0 | $0 | N/A |
| J Barry Tidwell | DIRECTOR-SECRETARY | $0 | $0 | N/A |
Total Giving
$63K
Total Assets
$325K
Fair Market Value
$325K
Net Worth
$325K
Grants Paid
$63K
Contributions
N/A
Net Investment Income
$14K
Distribution Amount
$17K
Total: N/A
Total Grants
6
Total Giving
$93K
Average Grant
$15K
Median Grant
$9K
Unique Recipients
4
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| United WayTO CHARITABLY SUPPORT THE ORGANIZATION. | Birmingham, AL | $5K | 2023 |
| University Of North AlabamaTO CHARITABLY SUPPORT THE ORGANIZATION. | Florence, AL | $40K | 2023 |
| Live Like Crazy (Sally Ann Nisburg Breast Cancer Fund)TO CHARITABLY SUPPORT THE ORGANIZATION. | Palm Beach, FL | $10K | 2023 |
| Aaha ScholarshipTO CHARITABLY SUPPORT THE ORGANIZATION. | Tuscaloosa, AL | $8K | 2023 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL