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
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.
Ready to take the next step with South Alabama Foundation?
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
No grants recorded for .
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 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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