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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 $445K. Annual income is reported at $226K. Total assets have grown from $292K in 2011 to $396K in 2024. The foundation is governed by 7 officers and trustees. The electric cooperative foundation awarded educational scholarships to dependents of electric cooperative members across the state of alabama. Tax records are available from 2016 to 2024. Grantmaking is concentrated in 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.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$2K
Largest Grant
$29K
Based on 137 grants from the most recent 990-PF filing.
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 12, 2021. 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.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Karl Rayborn | EXECUTIVE DIRECTOR/SECRETA | $0 | $0 | N/A |
| Brian Matney | TREASURER | $0 | $0 | N/A |
| Vince Johnson | CHAIRMAN | $0 | $0 | N/A |
| Parks Tubbs | DIRECTOR | $0 | $0 | N/A |
| Steve Sheffield | DIRECTOR | $0 | $0 | N/A |
| George Kitchens | DIRECTOR | $0 | $0 | N/A |
| Bobby Ballard | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$396K
Fair Market Value
N/A
Net Worth
$378K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
| Jack JonesEDUCATIONAL SCHOLARSHIP | Pike Road, AL | $3K | 2023 |
| Xequan HurtEDUCATIONAL SCHOLARSHIP | Midway, AL | $3K | 2023 |
| Jacob SharpeEDUCATIONAL SCHOLARSHIP | Fitzpatrick, AL | $3K | 2023 |
| Delaney HawthorneEDUCATIONAL SCHOLARSHIP | Pike Road, AL | $3K | 2023 |
| Joshua VaugnEDUCATIONAL SCHOLARSHIP | Montgomery, AL | $3K | 2023 |
| Walter JohnsonEDUCATIONAL SCHOLARSHIP | Montgomery, AL | $3K | 2023 |
| Gray BrendleEDUCATIONAL SCHOLARSHIP | Montgomery, AL | $3K | 2023 |
| Azaria HallEDUCATIONAL SCHOLARSHIP | Banks, AL | $3K | 2023 |
| Aysha MackEDUCATIONAL SCHOLARSHIP | Montgomery, AL | $3K | 2023 |
| Nehemiah SandersEDUCATIONAL SCHOLARSHIP | Goodwater, AL | $3K | 2023 |
| Bella WorrellEDUCATIONAL SCHOLARSHIP | Wetumpka, AL | $3K | 2023 |
| Brant YankieEDUCATIONAL SCHOLARSHIP | Wetumpka, AL | $3K | 2023 |
| Kailey FranklinEDUCATIONAL SCHOLARSHIP | Prattville, AL | $3K | 2023 |
| Avery LeyEDUCATIONAL SCHOLARSHIP | Auburn, AL | $2K | 2023 |
| Maya MullenEDUCATIONAL SCHOLARSHIP | Auburn, AL | $2K | 2023 |
| Virginia CoxEDUCATIONAL SCHOLARSHIP | Opelika, AL | $2K | 2023 |
| Lauren PersonsEDUCATIONAL SCHOLARSHIP | Hatchechubbee, AL | $2K | 2023 |
| Mary-Claire BrownEDUCATIONAL SCHOLARSHIP | Opelika, AL | $2K | 2023 |
| Aubrey HallamEDUCATIONAL SCHOLARSHIP | Smith Station, AL | $2K | 2023 |
| Alyson GallowayDISASTER ASSISTANCE | Opelika, AL | $2K | 2023 |
| Karsyn YountzEDUCATIONAL SCHOLARSHIP | Opelika, AL | $2K | 2023 |
| Bryce HinnantEDUCATIONAL SCHOLARSHIP | Frisco City, AL | $1K | 2023 |
| Elizabeth YoungEDUCATIONAL SCHOLARSHIP | Flomaton, AL | $1K | 2023 |
| Brody StringerEDUCATIONAL SCHOLARSHIP | Greenville, AL | $1K | 2023 |
| Elizabeth CrawleyEDUCATIONAL SCHOLARSHIP | Banks, AL | $1K | 2023 |
| Eli NicholsEDUCATIONAL SCHOLARSHIP | Brantley, AL | $1K | 2023 |
| Emilee PaulEDUCATIONAL SCHOLARSHIP | Forkland, AL | $1K | 2023 |
| Emily PriceEDUCATIONAL SCHOLARSHIP | Andalusia, AL | $1K | 2023 |
| Emma BurttramEDUCATIONAL SCHOLARSHIP | Troy, AL | $1K | 2023 |
| Jackson WebbEDUCATIONAL SCHOLARSHIP | Evergreen, AL | $1K | 2023 |
| Hayley PlattEDUCATIONAL SCHOLARSHIP | Fruitdale, AL | $1K | 2023 |
| Eden SkipperEDUCATIONAL SCHOLARSHIP | Greenville, AL | $1K | 2023 |
| Davis KilcreaseEDUCATIONAL SCHOLARSHIP | Troy, AL | $1K | 2023 |
| Briann SnyderEDUCATIONAL SCHOLARSHIP | Goshen, AL | $1K | 2023 |
| Damari ThomasEDUCATIONAL SCHOLARSHIP | Brundidge, AL | $1K | 2023 |
| Hannah ScruggsEDUCATIONAL SCHOLARSHIP | Mckenzie, AL | $1K | 2023 |
| Dalton BoykinEDUCATIONAL SCHOLARSHIP | Grove Hill, AL | $1K | 2023 |
| Brian Blair IiEDUCATIONAL SCHOLARSHIP | Red Bay, AL | $1K | 2023 |
| Braxton BoggsEDUCATIONAL SCHOLARSHIP | Frisco City, AL | $1K | 2023 |
| Auburn MorrellEDUCATIONAL SCHOLARSHIP | Luverne, AL | $1K | 2023 |
| Aspen GeraldEDUCATIONAL SCHOLARSHIP | Perdido, AL | $1K | 2023 |
| Conner ThrashEDUCATIONAL SCHOLARSHIP | Jack, AL | $1K | 2023 |
| Harlee TurnerEDUCATIONAL SCHOLARSHIP | Pisgah, AL | $1K | 2023 |
| Harley WilsonEDUCATIONAL SCHOLARSHIP | Brewton, AL | $1K | 2023 |
| Hayden StellEDUCATIONAL SCHOLARSHIP | Ozark, AL | $1K | 2023 |
| Claire McreynoldsEDUCATIONAL SCHOLARSHIP | Kinston, AL | $1K | 2023 |
| Isabella ParmerEDUCATIONAL SCHOLARSHIP | Atmore, AL | $1K | 2023 |
| Ashlianne CarawayEDUCATIONAL SCHOLARSHIP | Monrow, AL | $1K | 2023 |
| Aquavis PearsonEDUCATIONAL SCHOLARSHIP | Troy, AL | $1K | 2023 |