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Obligation Inc. is a private corporation based in BIRMINGHAM, AL. The foundation received its IRS ruling in 1996. The principal officer is James Thompson Metrock. It holds total assets of $44K. Annual income is reported at $32K. Total assets have decreased from $135K in 2010 to $62K in 2023. The foundation is governed by 1 officer or trustee. The main focus for obligation, inc. Remains on removing marketers from public schools. Kiddie marketers prey on a captive audiences of school children. Obligation, inc. Focuses on promoting information that helps children and changing what harms them. Tax records are available from 2016 to 2023. According to available records, Obligation Inc. has made 4 grants totaling $47K, with a median grant of $11K. Annual giving has grown from $12K in 2021 to $15K in 2023. Grantmaking activity was highest in 2022 with $20K distributed across 2 grants. Individual grants have ranged from $10K to $15K, with an average award of $12K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Massachusetts and Tennessee. Contributions to this foundation are tax-deductible.
The main focus for obligation, inc. Remains on removing marketers from public schools. Kiddie marketers prey on a captive audiences of school children. Obligation, inc. Focuses on promoting information that helps children and changing what harms them.
The main focus for obligation, inc. Remains on removing marketers from public schools. Kiddie marketers prey on a captive audiences of school children. Obligation, inc. Focuses on promoting information that helps children and changing what harms them. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MA, TN.
Obligation Inc. has distributed a total of $47K across 4 grants. The median grant size is $11K, with an average of $12K. Individual grants have ranged from $10K to $15K.
Obligation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (631154740) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Obligation Inc. is headquartered in BIRMINGHAM, AL. While based in AL, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jim Metrock | PRESIDENT | $0 | $0 | N/A |
Total Giving
$32K
Total Assets
$62K
Fair Market Value
$103K
Net Worth
$48K
Grants Paid
$15K
Contributions
N/A
Net Investment Income
$11K
Distribution Amount
N/A
Total Grants
4
Total Giving
$47K
Average Grant
$12K
Median Grant
$11K
Unique Recipients
3
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Decisions Choices & OptionsFUNDING | Hendersonville, TN | $15K | 2023 |
| Fairplay Childhood Beyond BrandsFUNDING | Boston, MA | $10K | 2022 |
| Campaign For A Commercial Free Childhood (Fairplay)FUNDING | Boston, MA | $12K | 2021 |