A Private Foundation located in FAIRHOPE, AL



Latest data derived from the private foundation e-Filings updated by the IRS

IRS Form 990 PF

T

2023 Tax Year

About this Private Foundation: 465848

This private foundation is located in Fairhope and provides grants for various charitable purposes, with a focus on education. The foundation has disbursed lump sum educational scholarships to 29 individuals attending accredited institutions of higher education. These funds were directed to the institutions to support students' academic pursuits. By facilitating access to financial resources for education, the foundation aims to enhance learning opportunities and promote educational attainment within the community.

Foundation Profile

In the tax year 2024, a notable private foundation based in Fairhope has made significant strides in supporting educational initiatives, reflecting its commitment to fostering academic excellence. With total assets amounting to $1.4 million, the foundation has allocated $68.8K in grants, focusing primarily on providing educational scholarships to deserving individuals. The foundation's mission is centered on enhancing access to quality education, ensuring that financial barriers do not impede the pursuit of higher learning. This commitment is evident in its funding priorities, which specifically target scholarships for individuals attending accredited institutions of higher education. By prioritizing educational support, the foundation aims to empower students to achieve their academic goals and contribute positively to their communities. In the current tax year, the foundation has successfully disbursed lump-sum educational scholarships to 29 individuals, directly transferring funds to their respective institutions. This approach not only streamlines the funding process but also guarantees that the financial assistance is utilized effectively for tuition and related educational expenses. Eligibility for these scholarships typically includes criteria such as enrollment in an accredited institution and demonstrated financial need, making the grants accessible to a diverse range of students. The foundation encourages applications from individuals who show promise in their academic pursuits and a commitment to their chosen fields of study. Funding opportunities are primarily concentrated in the region surrounding Fairhope, reflecting the foundation's dedication to uplifting its local community. However, the overarching goal remains to create a broader impact by investing in the education of individuals who will ultimately contribute to society in meaningful ways. For grant seekers, this foundation represents a valuable resource for educational funding, with a clear focus on charitable giving that prioritizes the advancement of knowledge and skills. As the foundation continues its mission, it remains a beacon of hope for aspiring students seeking financial support to realize their educational dreams.
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FAIRHOPE, AL

Summary

Assets

$1.3m

Distributions

$68.7k

Contributions

$0

Grant Median

$

Count

0

Grant Max

$0
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Latest Tax e-Filing

2023

Published by IRS

2024

People

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# Name Title Hours / Wk Comp ($)

Charitable Activities

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Grants

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State

AL

City

FAIRHOPE

Purpose

Interest

Education

93 results

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Grants by Interest

Aging/Seniors
Agriculture & Farming
Arts, Culture, History, Music & Humanities
Awards
Black, Indigenous, People of Color
Business & Commerce
Capital Funding
Children & Childcare
Climate Change
College Scholarship
Community Development & Services
Community/Economic Development
Conflict Resolution
Coronavirus COVID-19
Disabilities
Disaster Prevention & Relief
Domestic Violence
Education
Elementary Education
Employment, Labor & Training Workforce
Energy
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Faith Based
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Health & Medical
Higher Education
HIV/AIDS
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Homeless
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Individual
International
Law, Justice, Juvenile Justice & Legal Services
LGBTQ
Literacy & Libraries
Mental Health
Municipalities
Natural Resources
Non-Profit Support Services
Opportunity Zone Benefits
Other
Pets/Animals/Wildlife
Preschool
Preservation
Quality of Life
Refugee/Immigrant
Regional Development
Research & Evaluation
Science, Technology Research & Development
Secondary Education
Small Business
Social Justice
Special Education
Sports & Recreation
Students
Substance Abuse
Teachers
Technology
Transportation
Travel & Tourism
Veterans
Women
Youth/Out-of-School Youth

Grants By Location

Grants Eligibility

Associations
County Parks and Recreation
Federal Government
Fish and Wildlife
For profit corporations other than small businesses
Independent Schools
Individuals
Local Government
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Native American Tribal Organizations (Federally recognized)
Native American Tribal Organizations (other than Federally recognized tribal governments)
Non-Profit Organizations with 501(c)(3) designation
Non-Profit Organizations with Fiscal Sponsor
Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education
Private institutions of higher education
Public and State controlled institutions of higher education
Small Businesses
Specialized District Governments
State Governments
Unrestricted
Nonprofit Grant Provider in FAIRHOPE, AL with $1.3m in Assets