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
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
States
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JON STYSLINGER | CO-CHAIRMAN | 1 | — |
| LEE J STYSLINGER III | CO-CHAIRMAN | 1 | — |
| MARK STYSLINGER | CO-CHAIRMAN | 1 | — |
| ALLEN W RITCHIE | PRESIDENT AND SECRETARY | 1 | — |
| R HUDSON MOORE | ASSISTANT SECRETARY | 1 | — |
| CLAUDIA STYSLINGER DIKEOU | FOUNDATION PROGRAM MANAGER | 40 | $102,157 |
| SARAH STYSLINGER | FOUNDATION PROGRAM MANAGER | 40 | $53,400 |
Recent News & Activity
Recent developments and announcements
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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