South Alabama Foundation
South Alabama Foundation is a private foundation, based in MOBILE, AL. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $3.4M in total assets. In 2025, it awarded 5 grants totaling $142K. Net investment income was $116K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$3.4M
+2.0% YoY
Annual Giving
$142K
+4.3% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$28K
+4.3% YoY
Under IRS private-foundation payout rules, South Alabama Foundation reported a distributable amount of $165K for 2025 — the minimum it must pay out in qualifying distributions.
About South Alabama Foundation
Based on IRS filings
South Alabama Foundation is a private foundation, based in MOBILE, AL. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $3.4M in total assets. In 2025, it awarded 5 grants totaling $142K. Net investment income was $116K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $3,366,159 | $3,300,291 | $2,848,159 |
| Revenue | $151,550 | $351,458 | $89,512 |
| Expenses | $177,260 | $164,465 | $111,574 |
| Qualifying Distributions | $142,148 | $137,634 | $82,623 |
| Net Investment Income | $116,438 | $325,143 | $60,561 |
| Distributable Amount | $165,391 | $142,697 | $139,032 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Volunteers of America Southeast ($37,000), Goodwill of the Gulf Coast ($30,000), Exceptional Foundation ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| EXCEPTIONAL FOUNDATION DAPHNE, AL | OPERATING EXPENSES | $25,000 |
| GOODWILL OF THE GULF COAST MOBILE, AL | OPERATING EXPENSES | $30,000 |
| MULHERIN CUSTODIAL HOMES MOBILE, AL | OPERATING EXPENSES | $25,000 |
| UNITED CEREBRAL PALSY MOBILE, AL | OPERATING EXPENSES | $25,000 |
| VOLUNTEERS OF AMERICA SOUTHEAST MOBILE, AL | OPERATING EXPENSES | $37,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALLEN H LADD | PRESIDENT | 2 | — |
| PAM ANGERHOLZER | SECRETARY | 2 | — |
| JEFF ZOGHBY | TREASURER | 2 | — |
| J BLAIR NEWMAN | DIRECTOR | 2 | — |
| DAVID M TRESSLER | DIRECTOR | 2 | — |
| JOEY BETBEZE | DIRECTOR | 2 | — |
Frequently Asked Questions
How large is South Alabama Foundation?
As of 2025, South Alabama Foundation holds $3.4M in total assets with $152K in annual revenue. It awarded 5 grants totaling $142K in 2025.
Where does South Alabama Foundation operate?
South Alabama Foundation has awarded grants in Alabama.
What size grants does South Alabama Foundation award?
In 2025, South Alabama Foundation awarded 5 grants totaling $142K — an average of about $28K per grant, based on its IRS Form 990 filings.
How much is South Alabama Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, South Alabama Foundation reported a distributable amount of $165K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is South Alabama Foundation's EIN?
South Alabama Foundation's EIN (Employer Identification Number) is 63-0831886. IRS Form 990 filing data is available on this page for 2023–2025.
Explore Open Grants
Browse active grant opportunities in South Alabama 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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