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Private Foundation · AL · Private Independent Foundations

Alfa Foundation

Montgomery, AL  ·  EIN 721373145  ·  Website ↗  ·  990s on ProPublica ↗

Assets

$30.7M

Total Giving

$5.9M

Grants on File

319

Average Grant

$19K

Giving Radius

Where Alfa Foundation Has Given

AK — no grants on file AL — $5.4M across 298 grants AR — no grants on file AZ — no grants on file CA — no grants on file CO — no grants on file CT — no grants on file DC — $35K across 6 grants DE — no grants on file FL — $1K across 2 grants GA — $5K across 2 grants HI — no grants on file IA — no grants on file ID — no grants on file IL — no grants on file IN — $2K across 1 grant KS — no grants on file KY — no grants on file LA — $10K across 1 grant MA — $12K across 1 grant MD — no grants on file ME — no grants on file MI — $122K across 1 grant MN — $362K across 3 grants MO — no grants on file MS — $1K across 1 grant MT — no grants on file NC — no grants on file ND — no grants on file NE — no grants on file NH — no grants on file NJ — no grants on file NM — no grants on file NV — no grants on file NY — no grants on file OH — no grants on file OK — no grants on file OR — no grants on file PA — no grants on file RI — no grants on file SC — no grants on file SD — no grants on file TN — $1K across 1 grant TX — $5K across 1 grant UT — no grants on file VA — $2K across 1 grant VT — no grants on file WA — no grants on file WI — no grants on file WV — no grants on file WY — no grants on file
Historical grants to 187 recipients across 13 states. Top concentrations: MONTGOMERY ($3.3M, 131 grants), BIRMINGHAM ($1.1M, 65 grants), ST PETER ($244K, 2 grants), HUNTSVILLE ($240K, 7 grants), AUBURN UNIVERSITY ($201K, 4 grants).

Section I

How to Apply

During the fiscal year, the ALFA Foundation maintained a scholarship program under which it will annually award 100 scholarships of $1,000 each. To apply, one must be a member of the Alabama Farmer's Federation (an affiliate of the foundation's sponsoring organization, ALFA Mutual Insurance Company) and be enrolled (or about to be enrolled) as a student in an Alabama post-secondary institution. Employees of the sponsoring organization and their children are eligible, subject to all IRS regulations. Form 8940, Request for Miscellaneous Determination, was submitted to the IRS and approval of the program was obtained in January 2015.

On Unsolicited Proposals yes

Restrictions

Non-profit 501(c) organizations, not private foundations

Section IV

Recent Grants

Recipient Amount Year
Alzheimer's Association-Al Chapter $1K 2020
Bryant-Jordan Scholarship Foundation $25K 2020
Alabama High School Rodeo Association $2K 2020
Alabama Treasure Forest Association $1K 2020
American Village Citizenship Trust $5K 2020
Birmingham Education Foundation $1K 2020
Alabama Baseball Coaches Association $1K 2020
Alabama Farmers Agriculture Foundation $365K 2020
Alabama Pals $20K 2020
Alabama Stock Dog Association $2K 2020
American Heart Association $10K 2020
American Red Cross $10K 2020
Arc-Balwin County $2K 2020
Baptist Health Care Foundation of Montgomery $4K 2020
Agape of Central Alabama $5K 2020
Alabama 4-H Foundation INC $51K 2020
Alabama Children's Classic Bass Tournament $5K 2020
Alabama Conservation & Natural Resources $10K 2020
Alabama Humanities Foundation $500 2020
Alabama Kidney Foundation $1K 2020
Alabama Policy Institute $8K 2020
Alabama Shakespeare Festival INC $25K 2020
Alzheimer's Resource Center INC $1K 2020
American Cancer Society $30K 2020
Business Education Alliance $38K 2020

Page 1 of 13 · 319 total

Section VI

Filing History

Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.

Year Total Assets Qualifying Distributions Total Revenue Total Expenses
2023 $29.3M $1.3M $805K $1.4M
2022 $29.8M $1.5M $5.1M $1.5M
2021 $26.2M $1.8M $5.0M $1.9M
2020 $23.1M $1.3M $3.8M $1.4M
2019 $20.8M $1.2M $1.2M $1.2M
2015 $18.6M $1.1M $2.0M $985K
2014 $17.6M $964K $2.1M $935K
2013 $16.4M $846K $1.2M $416K
2012 $15.8M $755K $1.2M $693K
2011 $15.1M $710K $2.8M $801K

Section VII

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Similar in focus area, location, and asset size. Worth researching as part of the same campaign.

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