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Ssab Foundation For Education Inc. is a private corporation based in MOBILE, AL. The foundation received its IRS ruling in 2005. The principal officer is % Andrew Bramstedt. It holds total assets of $117K. Annual income is reported at $100K. The Foundation provides ongoing funding for local Alabama Public Schools. In the past 10 area Public Schools were provided beneficial funding for the purpose of purchasing school supplies. During 2020 due to the suspension of classes and school activities due to COVID-19 no funds were set aside or distributed to the schools. In 2021 as school activities returned to normal the Foundation resumed support of the schools with support of 11 Public Schools continuing in 2022. According to available records, Ssab Foundation For Education Inc. has made 23 grants totaling $200K, with a median grant of $10K. Individual grants have ranged from $8K to $10K, with an average award of $9K. The foundation has supported 12 unique organizations. Grant recipients are concentrated in Alabama. Contributions to this foundation are tax-deductible.
The Foundation provides ongoing funding for local Alabama Public Schools. In the past 10 area Public Schools were provided beneficial funding for the purpose of purchasing school supplies. During 2020 due to the suspension of classes and school activities due to COVID-19 no funds were set aside or distributed to the schools. In 2021 as school activities returned to normal the Foundation resumed support of the schools with support of 11 Public Schools continuing in 2022.
Expenses: $100K
The Foundation provides ongoing funding for local Alabama Public Schools. In the past 10 area Public Schools were provided beneficial funding for the purpose of purchasing school supplies. During 2020 due to the suspension of classes and school activities due to COVID-19 no funds were set aside or distributed to the schools. In 2021 as school activities returned to normal the Foundation resumed support of the schools with support of 11 Public Schools continuing in 2022. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in AL.
Ssab Foundation For Education Inc. has distributed a total of $200K across 23 grants. The median grant size is $10K, with an average of $9K. Individual grants have ranged from $8K to $10K.
The application deadline is 12 31. Contributed funds will only be made to Public educational institutions in the state of Alabama.
Ssab Foundation For Education Inc. is headquartered in MOBILE, AL.
Total Giving
$100K
Total Assets
$117K
Fair Market Value
$117K
Net Worth
$117K
Grants Paid
$100K
Contributions
$100K
Net Investment Income
$0
Distribution Amount
$6K
Total Grants
23
Total Giving
$200K
Average Grant
$9K
Median Grant
$10K
Unique Recipients
12
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Calcadeaver Elementary SchoolTO ASSIST PUBLIC SCHOOL WITH NEEDED SCHOOL SUPPLIES | Mount Vernon, AL | $10K | 2022 |
| Chicasaw Elementary SchoolTO ASSIST PUBLIC SCHOOL WITH NEEDED SCHOOL SUPPLIES | Chickasaw, AL | $10K | 2022 |
| Chickasaw High SchoolTO ASSIST PUBLIC SCHOOL WITH NEEDED SCHOOL SUPPLIES | Chickasaw, AL | $10K | 2022 |
| Collins-Rhodes Elementary SchoolTO ASSIST PUBLIC SCHOOL WITH NEEDED SCHOOL SUPPLIES | Eight Mile, AL | $10K | 2022 |
| North Mobile County Middle SchoolTO ASSIST PUBLIC SCHOOL WITH NEEDED SCHOOL SUPPLIES | Axis, AL |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL
| $10K |
| 2022 |
| Robert E Lee Elementary SchoolTO ASSIST PUBLIC SCHOOL WITH NEEDED SCHOOL SUPPLIES | Satsuma, AL | $10K | 2022 |
| Satsuma High SchoolTO ASSIST PUBLIC SCHOOL WITH NEEDED SCHOOL SUPPLIES | Satsuma, AL | $10K | 2022 |
| Saraland Middle SchoolTO ASSIST PUBLIC SCHOOL WITH NEEDED SCHOOL SUPPLIES | Saraland, AL | $8K | 2022 |
| Saraland Elementary SchoolTO ASSIST PUBLIC SCHOOL WITH NEEDED SCHOOL SUPPLIES | Saraland, AL | $8K | 2022 |
| Saraland Early Education CenterTO ASSIST PUBLIC SCHOOL WITH NEEDED SCHOOL SUPPLIES | Saraland, AL | $8K | 2022 |
| Saraland High SchoolTO ASSIST PUBLIC SCHOOL WITH NEEDED SCHOOL SUPPLIES | Saraland, AL | $8K | 2022 |
| None Applicable In Current YearCovid19 deferred payment of any funds during 2020; most schools were closed and no applications were received. | Mobile, AL | — | 2020 |
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