Faulkner University Foundation

Public charity · Grantmaker Montgomery, AL EIN: 06-1697483

The foundation is organized exclusively for charitable, religious, educational, literary and scientific purposes to fulfill christian education at faulkner university,churches and other educational charities

Faulkner University Foundation at a glance

Total assets
$1,714,789
+4.6% vs 2024
Revenue (2025)
$2,115
-60.5% vs 2024
Expenses (2025)
$7,230
+31.6% vs 2024
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

Who Faulkner University Foundation funds

How this funder distributes its grants

Grant Size Distribution

1 grant across all recorded years

<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $250–500K range: 1 grant of 1 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Montgomery

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K0 grants2019 0 grants2020 1 grant2021 0 grants2022 0 grants2023 0 grants2024 0 grants2025

In 2021 it made 1 grant totaling $299K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Faulkner University Montgomery, ALUniversity Support$298,861
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$1,714,789$2,115$7,230———
2024$1,639,248$5,349$5,493———
2023$1,553,099$6,900$5,454———
2022$1,787,084$26,416$20,479———
2021$1,178,956$20,918$305,166$298,8611$6,147
2020$1,500,804$19$1,550——$6,940
2019$1,433,217$948$3,500——$8,736

About Faulkner University Foundation

Based on IRS filings

Faulkner University Foundation is a public charity, based in Montgomery, AL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.7M in total assets.

Leadership & Key People

Officers and directors from IRS filings

Faulkner University Foundation is led by Billy D. Hilyer, President on every filing since 2019; none of the 7 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Billy D. Hilyer

    President

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Carole Medley

    Trustee

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • Harrell Freeman

    Trustee

    On filings since 2024

    0.3 hrs/week

    No compensation reported

  • Joseph Vickery

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Barry Buford

    Vice President

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • Jamie Horn

    Treasurer

    Trustee → Treasurer, 2025

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Wilma Phillips

    Secretary

    Secretary & Treasurer → Secretary, 2025

    On filings since 2019

    1 hr/week

    No compensation reported

Former officers (3)
  • Former: Ted Norton (2019–2023) — Trustee
  • Former: John Tyson (2019–2022) — Trustee
  • Former: Mike Williams (2019–2022) — Trustee

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Faulkner University Foundation

How large is Faulkner University Foundation?

Faulkner University Foundation reported $1.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $2K.

Where does Faulkner University Foundation operate?

Faulkner University Foundation has awarded grants in Alabama.

What is Faulkner University Foundation's EIN?

Faulkner University Foundation's EIN (Employer Identification Number) is 06-1697483. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
  2. Added Form 990 for fiscal year 2019 (received by the IRS May 12, 2020)
  3. Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Faulkner University Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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