DOTHAN, AL

Wiregrass Foundation

Quick Facts

EIN: 200897153
Location: DOTHAN, AL
Category: Philanthropy & Grantmaking
Total Assets: $114.6M
Annual Income: $43.3M
IRS Ruling Year: 2005
Organization Type: Corporation
Tax Deductibility: Contributions are deductible

About This Foundation

Wiregrass Foundation is a private corporation based in DOTHAN, AL. The foundation received its IRS ruling in 2005. It holds total assets of $114.6M. Annual income is reported at $43.3M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.

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Financial Overview

Total Giving

$5.6M

2023+12%

Total Assets

$108.9M

2023+7%

Fair Market Value

$108.6M

2023

Net Worth

$108.8M

2023

Grants Paid

$3.8M

2023

Contributions

2023

Net Investment Income

$3M

2023

Distribution Amount

$5M

2023

Total Giving by Year

$5.2M

$5.5M

$5.6M

$5.5M

$5.7M

$6.5M

$6.7M

$5.7M

$5M

$5.6M

Asset Growth

$87.7M

$93.9M

$105.1M

$106M

$98.9M

$110.1M

$116.3M

$124.6M

$101.7M

$108.9M

Investment Portfolio (2023)

Total: $71.4M

Corporate Stock: $61.5M

Corporate Bonds: $3.9M

Government Obligations: $6.1M

Other Investments: $30.2M

Corporate Stock (61%)

Corporate Bonds (4%)

Government Obligations (6%)

Other Investments (30%)

Expense Breakdown (2023)

Grants Paid$3.8M

Officer Compensation$240K

Occupancy$119K

Pension & Benefits$114K

Travel & Conferences$86K

Accounting Fees$64K

Depreciation$51K

Legal Fees$7K

Printing & Publications$650

Revenue Sources (2023)

Dividends: $3M
Interest: $432K
Other Income: $15K
Capital Gains (Net): $-21,999

Financial Details (2023)

Total Revenue: $3.4M
Total Expenses: $5.6M
Exempt Purpose Expenses: $5M
Required Distribution: $5M
Undistributed Income: $3.5M
Grants Approved (Future): $46.9M
Total Liabilities: $29K
Excise Tax: $41K
Tax Due: $2K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

Grantmaking Insights

Total Grants

Total Giving

$3.1M

Average Grant

$61K

Median Grant

$10K

Grant Range

Min$4K

Max$1M

Median: $10K

Smallest grantLargest grant

Geographic Distribution of Grants

AL: $3.1M (50)

AL$3.1M (50)

Past Grantees

Recipient	Location	Amount	Year
City Of DothanWIREGRASS PUBLIC SAFETY CENTER	Dothan, AL	$1M	2022
Gsmbc Community Development CorpFAMILY LIFE CENTER	Headland, AL	$550K	2022
Wiregrass United WayANNUAL CAMPAIGN	Dothan, AL	$400K	2022
City Of DothanEAST MAIN LAND PURCHASE	Dothan, AL	$285K	2022
City Of DothanWPSC COORDINATOR CONTRACT	Dothan, AL	$100K	2022
Se Al Child Advocacy CenterHELPING EARLY & REDUCING TRAUMA	Dothan, AL	$77K	2022
Girls IncorporatedRISE	Dothan, AL	$74K	2022
Wiregrass Angel HouseVICTIM COURT ASSISTANT	Dothan, AL	$65K	2022
Wiregrass Habitat For HumanityDALE CO HABITAT NEW BUILD	Dothan, AL	$45K	2022
Wiregrass Rehabilitation CenterRECRUITMENT PROGRAM	Dothan, AL	$45K	2022
First United Methodist ChurchRELIGIOUS MINISTRY	Dothan, AL	$35K	2022
Save A Pet RescueTRANSPORTS	Dothan, AL	$35K	2022
Wiregrass Hope GroupCORE PROGRAMS	Dothan, AL	$29K	2022
Public Affairs Research Council AlBRIGHT KEY ASSESSMENT	Birmingham, AL	$25K	2022
Wiregrass Pet Rescue & AdoptionCORE PROGRAMS	Dothan, AL	$20K	2022
Impact AlabamaFOCUSFIRST	Birmingham, AL	$13K	2022
Dothan Area Botanical GardensJEAN WOODHAM SCULPTURE PROJECT	Dothan, AL	$10K	2022
Friends Of Army Aviation OzarkGROUND HANDLING EQUIPMENT	Ozark, AL	$10K	2022
Se Al Community PlayersSEACT YOUTH COMPETITION TEAM	Dothan, AL	$10K	2022
Se Al Child Advocacy CenterCAC TECHNOLOGY UPDATES	Dothan, AL	$10K	2022
Time Youth Dothan IncTIME SUMMER 2022	Dothan, AL	$10K	2022
Boy Scouts Of AmericaCAMP ALAFLO DOCK RENOVATION	Dothan, AL	$10K	2022
Wiregrass Museum Of Art2022 SUMMER OUTREACH	Dothan, AL	$10K	2022
Dubois Institute EntrepreneurshipSUMMER GARDEN PROGRAM	Dothan, AL	$10K	2022
Patti Rutland JazzSCHOLARSHIP PROGRAM	Dothan, AL	$10K	2022
Boys & Girls Club Se AlDRIVING GREAT FUTURES	Ozark, AL	$10K	2022
Univ Of W Al - Rodeo ProgramCORE PROGRAMS	Livingston, AL	$10K	2022
United Methodist Childrens' HomeFURNITURE	Headland, AL	$10K	2022
Kingdom CollegeCOMMUNITY MENTAL HEALTH PROGRAM	Dothan, AL	$10K	2022
Dothan Landmarks FoundationLONGLEAF PINE EXHIBIT LIGHTING	Dothan, AL	$10K	2022
Al Ch American Academy PediatricsREACH OUT AND READ ALABAMA	Montgomery, AL	$10K	2022
Houston Co Rescue UnitCORE PROGRAMS	Dothan, AL	$10K	2022
Wiregrass Angel HouseANNUAL IN-SERVICE	Dothan, AL	$10K	2022
Wiregrass Best RoboticsWIREGRASS BEST 2022 MADE 2 ORDER	Dothan, AL	$8K	2022
Spectracare Health SystemsGENEVA CO DRUG INCINERATOR	Dothan, AL	$8K	2022
B'Nai B'Rth Wiregrass Sr HousingTERMITE BOND INITIAL START UP	Dothan, AL	$8K	2022
Wiregrass ChurchRELIGIOUS MINISTRIES	Dothan, AL	$8K	2022
First Baptist ChurchRELIGIOUS MINISTRY	Dothan, AL	$7K	2022
Meredith'S Miracles IncSERVING FAMILIES OF THE WIREGRASS	Andalusia, AL	$7K	2022
B'Nai B'Rith Wiregrass Sr Hsing IiTERMITE BOND INITIAL START UP	Dothan, AL	$7K	2022
Wallace Community CollegefoundationCORE PROGRAMS	Dothan, AL	$7K	2022
Ozark City SchoolsAWARE FAIR ON THE SQUARE	Ozark, AL	$6K	2022
Exchange Ctr Child Abuse PreventionCORE PROGRAMS	Dothan, AL	$6K	2022
Outreach For Souls ChurchRELIGIOUS MINISTRIES	Abbeville, AL	$6K	2022
Dale Co Children'S Policy CouncilFOOD PANTRY, FRIDGES AND STOVE	Ozark, AL	$5K	2022
Providence Christian SchoolCORE PROGRAMS	Dothan, AL	$5K	2022
City Of Dothan18TH HEALTH & WELLNESS WORKSHOP	Dothan, AL	$5K	2022
Southeastern Diabetes Education SvcCAMP SEALE HARRIS	Hoover, AL	$5K	2022
Wheeler W Price Memorial HuntCORE PROGRAMS	Dothan, AL	$5K	2022
Time Youth Dothan IncCORE PROGRAMS	Dothan, AL	$4K	2022