Foundation For Financial Freedom And Entrepreneurship Inc. is a private corporation based in MOUNTAIN BRK, AL. The foundation received its IRS ruling in 2015. The principal officer is % Stewart H Welch Iii. It holds total assets of $2M. Annual income is reported at $2.4M. TO ESTABLISH, MAINTAIN AND OPERATE PROGRAMS WHICH SUPPORT ENTREPRENEURSHIP AND TO SUPPORT AND MAKE DONATIONS/CONTRIBUTIONS TO OR ON BEHALF OF OTHER ORGANIZATIONS RECOGNIZED AS SECTION 501(C)(3) ORGANIZATIONS. According to available records, Foundation For Financial Freedom And Entrepreneurship Inc. has made 24 grants totaling $189K, with a median grant of $2K. Individual grants have ranged from $500 to $50K, with an average award of $8K. The foundation has supported 24 unique organizations. Grants have been distributed to organizations in Alabama and Illinois. Contributions to this foundation are tax-deductible.
TO ESTABLISH, MAINTAIN AND OPERATE PROGRAMS WHICH SUPPORT ENTREPRENEURSHIP AND TO SUPPORT AND MAKE DONATIONS/CONTRIBUTIONS TO OR ON BEHALF OF OTHER ORGANIZATIONS RECOGNIZED AS SECTION 501(C)(3) ORGANIZATIONS.
TO ESTABLISH, MAINTAIN AND OPERATE PROGRAMS WHICH SUPPORT ENTREPRENEURSHIP AND TO SUPPORT AND MAKE DONATIONS/CONTRIBUTIONS TO OR ON BEHALF OF OTHER ORGANIZATIONS RECOGNIZED AS SECTION 501(C)(3) ORGANIZATIONS. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in AL, IL.
Foundation For Financial Freedom And Entrepreneurship Inc. has distributed a total of $189K across 24 grants. The median grant size is $2K, with an average of $8K. Individual grants have ranged from $500 to $50K.
Foundation For Financial Freedom And Entrepreneurship Inc. typically selects its grantees rather than accepting unsolicited proposals.
Foundation For Financial Freedom And Entrepreneurship Inc. is headquartered in MOUNTAIN BRK, AL. While based in AL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stewart H Welch Iii | PRESIDENT | $0 | $0 | $0 |
| C Gregory Weyandt | SECRETARY | $0 | $0 | $0 |
| Kimberly R Reynolds | TREASURER | $0 | $0 | $0 |
Total Giving
$229K
Total Assets
$882K
Fair Market Value
$965K
Net Worth
$882K
Grants Paid
$223K
Contributions
$290K
Net Investment Income
$19K
Distribution Amount
$44K
Total: $745K
Total Grants
24
Total Giving
$189K
Average Grant
$8K
Median Grant
$2K
Unique Recipients
24
Most Common Grant
$1K
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Red BarnMENTAL HEALTH | Leeds, AL | $1K | 2022 |
| American Cancer SocietyMEDICAL | Birmingham, AL | $1K | 2022 |
| Friends Of Jemison ParkCOMMUNITY | Birmingham, AL | $50K | 2022 |
| Ymca Of Greater BirminghamYOUTH DEVELOPMENT | Birmingham, AL | $35K | 2022 |
| Create BirminghamYOUTH DEVELOPMENT | Birmingham, AL |
THOMASTON, GA
LOS ANGELES, CA
ASHLAND, KY
SIOUX FALLS, SD
| $25K |
| 2022 |
| Rooted MinistriesEDUCATIONAL | Vestavia Hills, AL | $25K | 2022 |
| Reaching & Teaching Int'L MinistryEDUCATIONAL | Wheaton, IL | $20K | 2022 |
| Red Mountain ParkEDUCATIONAL | Birmingham, AL | $5K | 2022 |
| Radiation Oncology AcceleratedMEDICAL ORGANIZATION | Birmingham, AL | $5K | 2022 |
| Alzheimer'S Of Central AlabamaHEALTH & MEDICAL | Birmingham, AL | $4K | 2022 |
| Children'S Harbor FochaFAMILY MEDICAL NEEDS | Birmngham, AL | $3K | 2022 |
| Addiction Prevention CoalitionMEDICAL SUPPORT ORGANIZATION | Birmingham, AL | $3K | 2022 |
| Homewood LacrosseYOUTH DEVELOPMENT | Homewood, AL | $2K | 2022 |
| Crippled Childrens FundHEALTH & MEDICAL | Birmingham, AL | $2K | 2022 |
| Leadership Vestavia HillsYOUTH SERVICES | Birmingham, AL | $2K | 2022 |
| Sozo ChildrenRELIGIOUS | Birmingham, AL | $2K | 2022 |
| Hoover Service ClubEDUCATIONAL | Hoover, AL | $1K | 2022 |
| Kiwanis Club Of HomewoodCOMMUNITY OUTREACH | Birmingham, AL | $1K | 2022 |
| Community Foundation Of GreaterHEALTH & MEDICAL | Birmingham, AL | $1K | 2022 |
| Big Oak RanchCOMMUNITY | Springville, AL | $1K | 2022 |
| Exceptional FoundationMEDICAL SUPPORT ORGANIZATION | Birmingham, AL | $1K | 2022 |
| Birmingham Music ClubCOMMUNITY FAMILY | Birmingham, AL | $500 | 2022 |
| Church 220COMMUNITY | Mc Calla, AL | $500 | 2022 |
| Birmingham ZooCOMMUNITY | Birmingham, AL | $500 | 2022 |
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