A Gateway to Opportunity Foundation
A Gateway to Opportunity Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FLORENCE, AL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $328K in total assets. In 2024, it awarded 2 grants totaling $50K. Net investment income was $15K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$328K
+1.1% YoY
Annual Giving
$50K
-20.0% YoY
Grant Count
2
-50.0% YoY
Avg Grant Size
$25K
+60.0% YoY
Under IRS private-foundation payout rules, A Gateway to Opportunity Foundation reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.
About A Gateway to Opportunity Foundation
Based on IRS filings
A Gateway to Opportunity Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FLORENCE, AL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $328K in total assets. In 2024, it awarded 2 grants totaling $50K. Net investment income was $15K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $328,334 | $324,687 | $356,403 |
| Revenue | $54,895 | $30,791 | $393,741 |
| Expenses | $51,248 | $62,507 | $37,324 |
| Qualifying Distributions | $50,000 | $62,500 | $30,000 |
| Net Investment Income | $15,304 | $14,491 | $506 |
| Distributable Amount | $16,158 | $16,839 | $17,103 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of North Alabama ($40,000), Aaha Scholarship ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AAHA SCHOLARSHIP TUSCALOOSA, AL | TO CHARITABLY SUPPORT THE ORGANIZATION. | $10,000 |
| UNIVERSITY OF NORTH ALABAMA FLORENCE, AL | TO CHARITABLY SUPPORT THE ORGANIZATION. | $40,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALLAN L RAPPUHN | DIRECTOR-PRESIDENT | — | — |
| JAY NISBERG | DIRECTOR | — | — |
| J BARRY TIDWELL | DIRECTOR-SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is A Gateway to Opportunity Foundation?
A Gateway to Opportunity Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FLORENCE, AL. It holds $328K in total assets as of 2024.
How large is A Gateway to Opportunity Foundation?
As of 2024, A Gateway to Opportunity Foundation holds $328K in total assets with $55K in annual revenue. It awarded 2 grants totaling $50K in 2024.
Where does A Gateway to Opportunity Foundation operate?
A Gateway to Opportunity Foundation has awarded grants in Alabama, Florida.
What size grants does A Gateway to Opportunity Foundation award?
In 2024, A Gateway to Opportunity Foundation awarded 2 grants totaling $50K — an average of about $25K per grant, based on its IRS Form 990 filings.
How much is A Gateway to Opportunity Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, A Gateway to Opportunity Foundation reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is A Gateway to Opportunity Foundation's EIN?
A Gateway to Opportunity Foundation's EIN (Employer Identification Number) is 88-3540947. IRS Form 990 filing data is available on this page for 2022–2024.
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Browse active grant opportunities in A Gateway to Opportunity Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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