Protective Life Foundation
The Protective Foundation is a company-sponsored foundation established in 1994 and based in Birmingham, Alabama. It is committed to creating lasting value in communities by supporting nonprofit organizations through strategic philanthropic partnerships and corporate giving.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$653K
+169.1% YoY
Annual Giving
$3.8M
-12.7% YoY
Grant Count
219
+15.9% YoY
Avg Grant Size
$17K
-24.7% YoY
Mission & Focus Areas
The foundation's mission is to create lasting value in communities by supporting organizations that:
- Promote education
- Ensure food security
- Provide shelter
- Aid disaster victims
- Improve quality of life for neighbors
The foundation also supports work in arts and culture, health and human services, and environment and community revitalization.
Grantmaking
Organizations must meet the following criteria to apply:
Grant Range
$88
Average Grant
$88
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Geographic Focus
Where this funder awards grants
While the foundation primarily focuses on the metro Birmingham area, it supports organizations across multiple U.S. states including Alabama, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maine, Maryland, Michigan, Minnesota, Missouri, Montana, North Carolina, New York, and additional states.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $242,562–$243,000
- Annual Revenue: $4,791,526
- Annual Expenses: $4,483,211
- Total Grants Awarded (2024): $4.5 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $652,775 | $242,562 | — |
| Revenue | $4,261,000 | $4,791,526 | $3,510,860 |
| Expenses | $3,838,304 | $4,483,211 | $3,993,153 |
| Qualifying Distributions | $3,838,304 | $4,304,851 | $3,883,579 |
| Net Investment Income | — | — | — |
| Distributable Amount | $32,081 | $35,230 | $35,968 |
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
- David Loper – Executive Director, Protective Foundation
- Lori A. Dixon – AVP, Protective Foundation
- Kate Mayfield – Community Engagement Coordinator
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| David Loper | EXECUTIVE DIRECTOR | 40 | — |
| RICHARD J BIELEN | PRESIDENT | 0.5 | — |
| CHARLES D EVERS JR | TREASURER | 0.5 | — |
| FELICIA M LEE | SECRETARY | 0.5 | — |
| WENDY EVESQUE | EVP & CHIEF HUMAN RESOURCES OF | 5 | — |
Recent News & Activity
Recent developments and announcements
The foundation engages 3,000 teammates in community impact work. The foundation has partnered with organizations focused on community assessment and resource allocation, including work to identify neighborhoods and homeowners in need of support through data-driven approaches to community revitalization.
Union Home Mortgage Foundation Announces Fourth Quarter 2025 Grant RecipientsRelated Funders
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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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