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Alfa Foundation is a private corporation based in MONTGOMERY, AL. The foundation received its IRS ruling in 2014. It holds total assets of $30.7M. Annual income is reported at $14.1M. Total assets have grown from $15.1M in 2010 to $29.3M in 2022. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Alabama. According to available records, Alfa Foundation has made 148 grants totaling $2.9M, with a median grant of $5K. Individual grants have ranged from $250 to $305K, with an average award of $20K. The foundation has supported 73 unique organizations. The foundation primarily supports organizations in Alabama, Michigan, District of Columbia, which account for 96% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$5K
Average Grant
$17K
Largest Grant
$365K
Based on 81 grants from the most recent 990-PF filing.
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.
Alfa Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 148 grants. Its grantmaking reaches organizations primarily in AL, MI, DC.
Alfa Foundation has distributed a total of $2.9M across 148 grants. The median grant size is $5K, with an average of $20K. Individual grants have ranged from $250 to $305K.
The application deadline is NO SPECIFIC REQUIREMENTS. Non-profit 501(c) organizations, not private foundations.
Alfa Foundation is headquartered in MONTGOMERY, AL. While based in AL, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John D Hemmings Jr | TREASURER | $0 | $0 | N/A |
| James L Parnell | PRESIDENT | $0 | $0 | N/A |
| Angela L Bradwell | SECRETARY | $0 | $0 | N/A |
Total Giving
$1.4M
Total Assets
$29.3M
Fair Market Value
$26.1M
Net Worth
$29.2M
Grants Paid
$1.3M
Contributions
N/A
Net Investment Income
$788K
Distribution Amount
$1.3M
Total: $23.9M
Total Grants
148
Total Giving
$2.9M
Average Grant
$20K
Median Grant
$5K
Unique Recipients
73
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Alabama Farmers Agriculture FoundationPUBLIC CHARITY | Montgomery, AL | $305K | 2022 |
| The World Games 2022PUBLIC CHARITY | Birmingham, AL | $166K | 2022 |
| River Region United WayPUBLIC CHARITY | Montgomery, AL | $160K | 2022 |
| Scholarship AmericaPUBLIC CHARITY | Detroit, MI | $123K | 2022 |
| Alabama Shakespeare Festival IncPUBLIC CHARITY | Montgomery, AL | $78K | 2022 |
| Faulkner UniversityPUBLIC CHARITY | Montgomery, AL | $50K | 2022 |
| Hudson-AlphaPUBLIC CHARITY | Huntsville, AL | $50K | 2022 |
| Alabama 4-H Foundation IncPUBLIC CHARITY | Auburn University, AL | $50K | 2022 |
| Business Education AlliancePUBLIC CHARITY | Montgomery, AL | $38K | 2022 |
| Auburn University Foundation - College Of AgriculturePUBLIC CHARITY | Auburn, AL | $36K | 2022 |
| Liberty Learning FoundationPUBLIC CHARITY | Huntsville, AL | $35K | 2022 |
| Samford UniversityPUBLIC CHARITY | Birmingham, AL | $25K | 2022 |
| Alabama Autism Assistance ProgramPUBLIC CHARITY | Birmingham, AL | $25K | 2022 |
| Agr Educational FoundationPUBLIC CHARITY | Montgomery, AL | $25K | 2022 |
| Auburn University Foundation - Rural Medical UnitPUBLIC CHARITY | Auburn, AL | $25K | 2022 |
| Teach For America--AlabamaPUBLIC CHARITY | Birmingham, AL | $20K | 2022 |
| Bruce Pearl Family FoundationPUBLIC CHARITY | Auburn, AL | $15K | 2022 |
| Museum Of The Bible IncPUBLIC CHARITY | Washington, DC | $15K | 2022 |
| Baptist Health Care Foundation Of MontgomeryPUBLIC CHARITY | Montgomery, AL | $14K | 2022 |
| Auburn University FoundationPUBLIC CHARITY | Auburn, AL | $10K | 2022 |
| American Red CrossPUBLIC CHARITY | Montgomery, AL | $10K | 2022 |
| Auburn University School Of Forestry And Wildlife SciencePUBLIC CHARITY | Auburn, AL | $10K | 2022 |
| Alabama PalsPUBLIC CHARITY | Montgomery, AL | $10K | 2022 |
| Children'S HarborPUBLIC CHARITY | Alexander City, AL | $10K | 2022 |
| Greater Alabama Council Of Boy ScoutsPUBLIC CHARITY | Birmingham, AL | $9K | 2022 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL