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Worthey Family Foundation is a private corporation based in MOUNTAIN BRK, AL. The foundation received its IRS ruling in 2005. The principal officer is Joe W Worthey. It holds total assets of $1.9M. Annual income is reported at $242K. Total assets have grown from $948K in 2011 to $1.7M in 2023. The foundation is governed by 3 officers and trustees. The foundation's scholarship program has been established to award college and other post-secondary scholarships to residents of limestone county, alabama who have a financial need and demonstrate a dedication and commitment to obtaining a higher education. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Alabama. According to available records, Worthey Family Foundation has made 55 grants totaling $254K, with a median grant of $4K. Annual giving has grown from $80K in 2020 to $174K in 2022. Individual grants have ranged from $1K to $8K, with an average award of $5K. The foundation has supported 29 unique organizations. Grant recipients are concentrated in Alabama. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$4K
Average Grant
$5K
Largest Grant
$8K
Based on 18 grants from the most recent 990-PF filing.
The foundation's scholarship program has been established to award college and other post-secondary scholarships to residents of limestone county, alabama who have a financial need and demonstrate a dedication and commitment to obtaining a higher education.
The foundation's scholarship program has been established to award college and other post-secondary scholarships to residents of limestone county, alabama who have a financial need and demonstrate a dedication and commitment to obtaining a higher education. Based on available records, the foundation has funded 55 grants. Its grantmaking reaches organizations primarily in AL.
Worthey Family Foundation has distributed a total of $254K across 55 grants. The median grant size is $4K, with an average of $5K. Individual grants have ranged from $1K to $8K.
The application deadline is THE SUBMISSION DEADLINE IS MARCH 15TH.. Receipients must be a resident of limestone county, alabama who have a financial need and demonstrate a dedication and commitment to obtaining a higher education.
Worthey Family Foundation is headquartered in MOUNTAIN BRK, AL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bill Hunt | DIRECTOR | $0 | $0 | N/A |
| Katie W Worthey | SECRETARY | $0 | $0 | N/A |
| James K Worthey | PRESIDENT | $0 | $0 | N/A |
Total Giving
$109K
Total Assets
$1.7M
Fair Market Value
$1.7M
Net Worth
$1.7M
Grants Paid
$108K
Contributions
N/A
Net Investment Income
$93K
Distribution Amount
$77K
Total: $1.6M
Total Grants
55
Total Giving
$254K
Average Grant
$5K
Median Grant
$4K
Unique Recipients
29
Most Common Grant
$4K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Darby BlalockUNA | Madison, AL | $8K | 2022 |
| Hunter Ray McconnellTROY | Athens, AL | $8K | 2022 |
| Mallory Jo MitchellBLUE MT | Athens, AL | $8K | 2022 |
| Samantha FranksUAH | Rogersville, AL | $8K | 2022 |
| Ashley WamblesUAH | Harvest, AL | $8K | 2022 |
| Abby Lynn SandersUNA | Harvest, AL | $6K | 2022 |
| Cameron BivensCCC | Madison, AL | $4K | 2022 |
| Talia Lynnette WilsonUAB | Athens, AL | $4K | 2022 |
| Anna Brooke LucasSNEAD STATE/BLUE MT. | Madison, AL | $4K | 2022 |
| Jonanthan Samuel WilliamsCCC | Toney, AL | $4K | 2022 |
| Ethan Lynn KeetonCALHOUN | Harvest, AL | $4K | 2022 |
| Donald Barrett BrownBHAM SOUTHERN | Athens, AL | $4K | 2022 |
| Emery Ann PettieAUBURN | Athens, AL | $4K | 2022 |
| Bryant Wheeler StoryUNIV OF MOBILE | Athens, AL | $4K | 2022 |
| Michelle Dawn AlleyUAB | Athens, AL | $4K | 2022 |
| James OliverBRYAN COLLEGE | Athens, AL | $2K | 2022 |
| Anna Carol PersallCCC/ATHENS | Athens, AL | $2K | 2022 |
| Mckenna Grace PowersCCC | Athens, AL | $1K | 2022 |
| Aubrey N WamblesUAH | Harvest, AL | $8K | 2020 |
| Harley Denise GraysonUAB | Athens, AL | $6K | 2020 |
| Tyler James FoulkeUNIVERSITY OF AL | Athens, AL | $6K | 2020 |
| Alleyna Renae MckinneyMISSISSIPPI STATE | Athens, AL | $6K | 2020 |
| Anna Carol PerallCCC | Athens, AL | $4K | 2020 |
| Matthew James MartinCCC | Harvest, AL | $3K | 2020 |
| Michaela Ashton CrowellUNIVERSITY OF NORTH ALABAMA | Harvest, AL | $3K | 2020 |
| Brittani R CunninghamBIRMINGHAM SOUTHERN | Athens, AL | $3K | 2020 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL