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Electric Cooperative Foundation Inc. is a private corporation based in MONTGOMERY, AL. The foundation received its IRS ruling in 2000. It holds total assets of $396K. Annual income is reported at $219K. THE ELECTRIC COOPERATIVE FOUNDATION AWARDED EDUCATIONAL SCHOLARSHIPS TO DEPENDENTS OF ELECTRIC COOPERATIVE MEMBERS ACROSS THE STATE OF ALABAMA. According to available records, Electric Cooperative Foundation Inc. has made 515 grants totaling $672K, with a median grant of $1K. Annual giving has decreased from $213K in 2021 to $158K in 2023. Grantmaking activity was highest in 2022 with $301K distributed across 248 grants. Individual grants have ranged from $500 to $29K, with an average award of $1K. The foundation has supported 391 unique organizations. Grant recipients are concentrated in Alabama. Contributions to this foundation are tax-deductible.
THE ELECTRIC COOPERATIVE FOUNDATION AWARDED EDUCATIONAL SCHOLARSHIPS TO DEPENDENTS OF ELECTRIC COOPERATIVE MEMBERS ACROSS THE STATE OF ALABAMA.
Expenses: $175K
THE ELECTRIC COOPERATIVE FOUNDATION AWARDED EDUCATIONAL SCHOLARSHIPS TO DEPENDENTS OF ELECTRIC COOPERATIVE MEMBERS ACROSS THE STATE OF ALABAMA. Based on available records, the foundation has funded 515 grants. Its grantmaking reaches organizations primarily in AL.
Electric Cooperative Foundation Inc. has distributed a total of $672K across 515 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $500 to $29K.
The application deadline is FEBRUARY 15, 2020. SCHOLARSHIPS ARE FOR POST-SECONDARY EDUCATION OF DEPENDENTS OF MEMBERS OF AN ALABAMA ELECTRIC COOPERATIVE THAT HAS CONTRIBUTED PRINCIPAL FUNDS TO THE FOUNDATION.
Electric Cooperative Foundation Inc. is headquartered in MONTGOMERY, AL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Karl Rayborn | EXECUTIVE DIRECTOR/SECRETA | $0 | $0 | $0 |
| Brian Matney | TREASURER | $0 | $0 | $0 |
| Vince Johnson | CHAIRMAN | $0 | $0 | $0 |
| Parks Tubbs | DIRECTOR | $0 | $0 | $0 |
| Steve Sheffield | DIRECTOR | $0 | $0 | $0 |
Total Giving
$179K
Total Assets
$372K
Fair Market Value
$372K
Net Worth
$343K
Grants Paid
$158K
Contributions
$161K
Net Investment Income
$23K
Distribution Amount
$19K
Total Grants
515
Total Giving
$672K
Average Grant
$1K
Median Grant
$1K
Unique Recipients
391
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jenesis FosterEDUCATIONAL SCHOLARSHIP | Montgomery, AL | $6K | 2023 |
| Jacob SharpeEDUCATIONAL SCHOLARSHIP | Fitzpatrick, AL | $3K | 2023 |
| Xequan HurtEDUCATIONAL SCHOLARSHIP | Midway, AL | $3K | 2023 |
| Aysha MackEDUCATIONAL SCHOLARSHIP | Montgomery, AL | $3K | 2023 |
| Gray BrendleEDUCATIONAL SCHOLARSHIP | Montgomery, AL | $3K | 2023 |
CLAYTON, NM
ANCHORAGE, AK
ELEPHANT BTTE, NM
CLOVIS, NM
| George Kitchens |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Bobby Ballard | DIRECTOR | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Joshua VaugnEDUCATIONAL SCHOLARSHIP |
| Montgomery, AL |
| $3K |
| 2023 |
| Walter JohnsonEDUCATIONAL SCHOLARSHIP | Montgomery, AL | $3K | 2023 |
| Jack JonesEDUCATIONAL SCHOLARSHIP | Pike Road, AL | $3K | 2023 |
| Azaria HallEDUCATIONAL SCHOLARSHIP | Banks, AL | $3K | 2023 |
| Delaney HawthorneEDUCATIONAL SCHOLARSHIP | Pike Road, AL | $3K | 2023 |
| Nehemiah SandersEDUCATIONAL SCHOLARSHIP | Goodwater, AL | $3K | 2023 |
| Kailey FranklinEDUCATIONAL SCHOLARSHIP | Prattville, AL | $3K | 2023 |
| Brant YankieEDUCATIONAL SCHOLARSHIP | Wetumpka, AL | $3K | 2023 |
| Bella WorrellEDUCATIONAL SCHOLARSHIP | Wetumpka, AL | $3K | 2023 |
| Maya MullenEDUCATIONAL SCHOLARSHIP | Auburn, AL | $2K | 2023 |
| Virginia CoxEDUCATIONAL SCHOLARSHIP | Opelika, AL | $2K | 2023 |
| Mary-Claire BrownEDUCATIONAL SCHOLARSHIP | Opelika, AL | $2K | 2023 |
| Avery LeyEDUCATIONAL SCHOLARSHIP | Auburn, AL | $2K | 2023 |
| Karsyn YountzEDUCATIONAL SCHOLARSHIP | Opelika, AL | $2K | 2023 |
| Alyson GallowayDISASTER ASSISTANCE | Opelika, AL | $2K | 2023 |
| Aubrey HallamEDUCATIONAL SCHOLARSHIP | Smith Station, AL | $2K | 2023 |
| Lauren PersonsEDUCATIONAL SCHOLARSHIP | Hatchechubbee, AL | $2K | 2023 |
| Keri JamesEDUCATIONAL SCHOLARSHIP | Vinegar Bend, AL | $1K | 2023 |
| Kiley TurbervilleEDUCATIONAL SCHOLARSHIP | Repton, AL | $1K | 2023 |
| Kortni DavisEDUCATIONAL SCHOLARSHIP | Dutton, AL | $1K | 2023 |
| Lauren RoweEDUCATIONAL SCHOLARSHIP | Vernon, AL | $1K | 2023 |
| Leslye Rios JarquinEDUCATIONAL SCHOLARSHIP | Albertville, AL | $1K | 2023 |
| Lydia GosaEDUCATIONAL SCHOLARSHIP | Guin, AL | $1K | 2023 |
| Mackenzie DanielEDUCATIONAL SCHOLARSHIP | Troy, AL | $1K | 2023 |
| Maddie MckenneyEDUCATIONAL SCHOLARSHIP | Cullman, AL | $1K | 2023 |
| Molly SimmonsEDUCATIONAL SCHOLARSHIP | Brundidge, AL | $1K | 2023 |
| Nathan McbrideEDUCATIONAL SCHOLARSHIP | Dothan, AL | $1K | 2023 |
| Nathan WillisEDUCATIONAL SCHOLARSHIP | Union Grove, AL | $1K | 2023 |
| Morgan DuboseEDUCATIONAL SCHOLARSHIP | Brewton, AL | $1K | 2023 |
| Noah ChismEDUCATIONAL SCHOLARSHIP | Vernon, AL | $1K | 2023 |
| Noah JordanEDUCATIONAL SCHOLARSHIP | Frisco City, AL | $1K | 2023 |
| Presley LasterEDUCATIONAL SCHOLARSHIP | Russellville, AL | $1K | 2023 |
| Preston BourneEDUCATIONAL SCHOLARSHIP | Enterprise, AL | $1K | 2023 |
| Richard BakerEDUCATIONAL SCHOLARSHIP | Phil Cambell, AL | $1K | 2023 |
| Richard WeedEDUCATIONAL SCHOLARSHIP | Brantley, AL | $1K | 2023 |
| Sadie SmithEDUCATIONAL SCHOLARSHIP | Fyffe, AL | $1K | 2023 |
| Samuel Williams IiiEDUCATIONAL SCHOLARSHIP | Arab, AL | $1K | 2023 |
| Sierra TerrellDISASTER RELIEF | Red Bay, AL | $1K | 2023 |
| Steven SmithEDUCATIONAL SCHOLARSHIP | Albertville, AL | $1K | 2023 |
| Suzana WarthenEDUCATIONAL SCHOLARSHIP | Wing, AL | $1K | 2023 |
| Tamaya HasleyEDUCATIONAL SCHOLARSHIP | Georgiana, AL | $1K | 2023 |
| Tanna SingletonEDUCATIONAL SCHOLARSHIP | Brundidge, AL | $1K | 2023 |
| Vivian GatesEDUCATIONAL SCHOLARSHIP | Forest Home, AL | $1K | 2023 |
| Walker SimmonsEDUCATIONAL SCHOLARSHIP | Red Level, AL | $1K | 2023 |
| William DarlrympleEDUCATIONAL SCHOLARSHIP | Banks, AL | $1K | 2023 |
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