Granted
Sign in
BIRMINGHAM, AL

Haplotace Foundation

Quick Facts

EIN
631182139
Location
BIRMINGHAM, AL
Category
Philanthropy & Grantmaking
Total Assets
$723.8M
Annual Income
$348.4M
IRS Ruling Year
1996
Organization Type
Corporation
Principal Officer
% William J Ward
Tax Deductibility
Contributions are deductible

About This Foundation

Haplotace Foundation is a private corporation based in BIRMINGHAM, AL. The foundation received its IRS ruling in 1996. The principal officer is % William J Ward. It holds total assets of $723.8M. Annual income is reported at $348.4M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.

View 990 Filings

Financial Overview

Total Giving

$4.7M

2023+542%

Total Assets

$645.1M

2023+1274%

Fair Market Value

$645.1M

2023

Net Worth

$644.1M

2023

Grants Paid

$1.7M

2023

Contributions

$556M

2023

Net Investment Income

$3.8M

2023

Distribution Amount

$5.9M

2023

Total Giving by Year

$275K
11
$291K
12
$370K
13
$393K
14
$236K
15
$391K
19
$367K
20
$490K
21
$739K
22
$4.7M
23

Asset Growth

$3.7M
11
$3.9M
12
$4.3M
13
$4M
14
$4.3M
15
$5.1M
19
$4.7M
20
$5M
21
$46.9M
22
$645.1M
23

Investment Portfolio (2023)

Total: $589.9M

Corporate Stock: $416.5M
Corporate Bonds: $73.3M
Government Obligations: $100.2M
Other Investments: $52.8M
Corporate Stock (65%)
Corporate Bonds (11%)
Government Obligations (16%)
Other Investments (8%)

Expense Breakdown (2023)

Grants Paid$1.7M
Officer Compensation$903K
Pension & Benefits$84K
Occupancy$64K
Accounting Fees$34K
Depreciation$32K
Legal Fees$30K

Revenue Sources (2023)

Contributions
$556M
Dividends
$2.4M
Interest
$1.3M
Capital Gains (Net)
$1M
Other Income
$3K

Financial Details (2023)

Total Revenue
$560.7M
Total Expenses
$4.7M
Exempt Purpose Expenses
$2.9M
Required Distribution
$5.9M
Undistributed Income
$3.2M
Total Liabilities
$973K
Excise Tax
$53K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

Grantmaking Insights

Total Grants

4

Total Giving

$828K

Average Grant

$207K

Median Grant

$190K

Total Giving by Year

$380K (2 grants)
21
$448K (2 grants)
22

Grant Range

Min$137K
Max$311K
Median: $190K
Smallest grantLargest grant

Openness to New Grantees (2022)

50%

of 2022 grantees were first-time recipients

Geographic Distribution of Grants

AK
ME
VT
NH
WA
ID
MT
ND
MN
WI
MI
NY
MA
CT
RI
OR
NV
WY
SD
IA
IL
IN
OH
PA
NJ
CA
UT
CO
NE
MO
KY
WV
VA
MD
DE
DC
AZ
NM
KS
AR
TN
NC
SC
OK
LA
MS
AL
AL: $273K (2)
GA
GA: $555K (2)
FL
HI
TX
GA$555K (2)
AL$273K (2)

Past Grantees

RecipientLocationAmountYear
Presbyterian Church Of America FoundationEXEMPT PURPOSESLawrenceville, GA$311K2022
The Central Alabama Community FoundationEXEMPT PURPOSESMontgomery, AL$137K2022
Presbyterian Church Of America Foundation Atlanta GaEXEMPT PURPOSESLawrenceville, GA$244K2021
The Central Alabama Community FoundationEXEMPT PURPOSESMontgomery, AL$137K2021

990-PF Filings

Tax PeriodReturn TypeView
2023-12990PFView Filing
2022-12990PFView Filing
2021-12990PFView Filing
2020-12990PFView Filing
2018-12990PFView Filing
2017-12990PFView Filing
2016-12990PFView Filing

Filings sourced from IRS e-file index. View all on ProPublica

See Similar Foundations

Browse all Philanthropy & Grantmaking foundations

More Foundations in Alabama

Ready to start your proposal?

Granted uses AI to draft, review, and polish your grant application — saving weeks of work.