Altecstyslinger Foundation

BIRMINGHAM, AL EIN: 72-1372302

The Altecstyslinger Foundation is a private grantmaking foundation based in Birmingham, Alabama, established in 1997. The foundation is the corporate foundation of Altec Industries, a Birmingham-based manufacturer of products for the utility, telecommunications, and tree-care industries. As a 501(c)(3) organization, the foundation focuses on philanthropic giving across the United States.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$142.9M

+2.4% YoY

Annual Giving

$8.9M

+10.1% YoY

Grant Count

197

-3.4% YoY

Avg Grant Size

$45K

+14.1% YoY

Under IRS private-foundation payout rules, Altecstyslinger Foundation reported a distributable amount of $8.9M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's stated purpose includes giving primarily for arts and culture, education, health associations, human services, children and youth services, the United Way, and religion. The foundation does not specify particular subject areas of focus in its filings, indicating a broad approach to grantmaking across diverse charitable sectors.

Grantmaking

The foundation does not accept applications. Grantmaking is limited to preselected charitable organizations.

Grant Range

$5,000

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation funds projects across numerous U.S. states and cities, including major urban centers and smaller communities. Primary grantmaking is concentrated in Alabama, Virginia, and Texas, which account for 54% of all grants. Grantmaking reaches organizations across 34 states, with funding documented in Alabama, Arizona, California, Colorado, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Michigan, Minnesota, Missouri, North Carolina, Nebraska, New York, and other states.

Grant Distribution by State

34states
+26 more states

Cities

AdamsvilleAkronAlchisonAlexander CityAlexandraAlpharettaAlpineAndersonAnnistonArlingtonArvadaAspenAthensAtlantaAuburnAugustaAustinBaltimoreBardstownBasalt

Financial History

Multi-year comparison from IRS filings

Assets:

  • 2023: $140 million
  • 2022: $128.3 million
  • 2021: $111.9 million
  • 2020: $87.8 million

Annual Revenue & Expenses:

  • 2023 Revenue: $13.6 million
  • 2023 Expenses: $9.01 million
  • Total Liabilities (2023): $0

Contact Information:

  • Address: 210 Inverness Center Drive, Birmingham, AL 35242-4834
  • Telephone: 205-991-7733
  • EIN: 72-1372302
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$8M$17M$25M$34M20202021202220232024
Metric202420232022
Total Assets$142,936,038$139,629,225$135,161,473
Revenue$13,658,583$13,581,203$14,641,648
Expenses$10,458,628$9,011,096$8,277,356
Qualifying Distributions$9,043,468$8,129,460$6,673,586
Net Investment Income$2,832,596$2,663,057$2,643,164
Distributable Amount$8,903,533$7,975,271$7,420,777

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$7M$9M227 grants2020184 grants2021172 grants2022204 grants2023197 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ASPEN VALLEY HOSPITAL FO…$300KCONVERGENT TECHNOLOGY AL…$250KBIRMINGHAM TALKS$75KALABAMA WILDLIFE FEDERAT…$50KAMERICAN RED CROSS$50KAMERICAN HEART ASSOCIATI…$25KCOMMUNITY FOUNDATION OF …$25KAMERICAN CANCER SOCIETY$16KA EDUCATION FOUNDATION$15KCHILDRENS HARBOR INC$11K

Grant Size Distribution

250 grants across all recorded years

222<$50K11$50–100K12$100–250K2$250–500K3$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Aspen Valley Hospital Foundation ($300,000), Convergent Technology Alliance Center ($250,000), Birmingham Talks ($75,000).

RecipientPurposeAmount
A EDUCATION FOUNDATION MONTGOMERY, ALTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION$15,000
ALABAMA ASSOCIATIONS OF NONPROFITS HBS FELLOWSHIP BIRMINGHAM, ALTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION$1,000
ALABAMA KIDNEY FOUNDATION HOOVER, ALTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION$2,500
ALABAMA MARINES FOUNDATION TUSCALOOSA, ALTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION$2,500
ALABAMA POSSIBLE BIRMINGHAM, ALTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION$2,500
ALABAMA SYMPHONY BIRMINGHAM, ALTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION$10,000
ALABAMA WILDLIFE FEDERATION MILLBROOK, ALTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION$50,000
ALS ASSOCIATION ARLINGTON, VATO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION$500
ALS UNITED MID-ATLANTIC FORT WASHINGTON, PATO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION$5,000
ALZHEIMER'S ASSOCIATION CHICAGO, ILTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION$135

Leadership & Key People

Leadership team and compensation from IRS filings

  • Lee J. Styslinger III – Chairman (serves without compensation)
  • Allen W. Ritchie – Secretary (serves without compensation)
  • Jon Styslinger – Director (serves without compensation)
  • Mark Styslinger – Director (serves without compensation)

The foundation is governed by four officers and trustees.

Compensation Overview

From 2024 IRS filing

CLAUDIA STYSLINGER D…FOUNDATION PROGRAM MANAGER$102KSARAH STYSLINGERFOUNDATION PROGRAM MANAGER$53K

From 2024 filing

NameTitleHoursCompensation
JON STYSLINGERCO-CHAIRMAN1
LEE J STYSLINGER IIICO-CHAIRMAN1
MARK STYSLINGERCO-CHAIRMAN1
ALLEN W RITCHIEPRESIDENT AND SECRETARY1
R HUDSON MOOREASSISTANT SECRETARY1
CLAUDIA STYSLINGER DIKEOUFOUNDATION PROGRAM MANAGER40$102,157
SARAH STYSLINGERFOUNDATION PROGRAM MANAGER40$53,400

Recent News & Activity

Recent developments and announcements

2025

The foundation has been active in supporting local Birmingham initiatives, including participation in the Catalyze Birmingham Challenge, which awarded $720,000 to five innovative nonprofits in 2025 and $716,000+ to four local nonprofits in early 2025. The foundation has also supported educational initiatives, including a $10,000 award to Botetourt Technical Education Center students for an Innovation Challenge community project in 2023. Additionally, a significant gift from the Styslinger family was designated to name the University of Alabama's College of Engineering.

Catalyze Birmingham Challenge Awards $720k to Five Innovative ...

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Altecstyslinger Foundation fund?

The foundation's stated purpose includes giving primarily for arts and culture, education, health associations, human services, children and youth services, the United Way, and religion. The foundation does not specify particular subject areas of focus in its filings, indicating a broad approach to grantmaking across diverse charitable sectors.

How do I apply for a grant from Altecstyslinger Foundation?

**Grant Activity & Patterns:** • Annual giving ranges from $6.7 million to $9.01 million in recent years • Median grant size: $5,000 • Grant range: $25,000 to $1.0 million • In 2023, the foundation made 172 grants totaling $6.7 million • Historical data shows 560 grants totaling $22.1 million with an average award of $40,000 **Recent Grant Recipients (2022):** • University of Alabama at Birmingham: $1.0 million • Southern Methodist University: $1.0 million • Prosper Birmingham LLC: $500,000 • S…

Where does Altecstyslinger Foundation make grants?

The foundation funds projects across numerous U.S. states and cities, including major urban centers and smaller communities. Primary grantmaking is concentrated in Alabama, Virginia, and Texas, which account for 54% of all grants. Grantmaking reaches organizations across 34 states, with funding documented in Alabama, Arizona, California, Colorado, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Michigan, Minnesota, Missouri, North Carolina, Nebraska, New York, and ot…

What size grants does Altecstyslinger Foundation award?

In 2024, Altecstyslinger Foundation awarded 197 grants totaling $8.9M — an average of about $45K per grant, based on its IRS Form 990 filings.

How much is Altecstyslinger Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Altecstyslinger Foundation reported a distributable amount of $8.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Altecstyslinger Foundation's EIN?

Altecstyslinger Foundation's EIN (Employer Identification Number) is 72-1372302. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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