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.
Key facts about South Alabama Foundation
- EIN
- 63-0831886
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $142,000
- Grants made (2025)
- 5
- Average grant
- $28,400
- Median grant
- $25,000
- Total assets
- $3,366,159
- Primary geography
- Alabama (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Who South Alabama Foundation funds
By grant dollars, the top recipient states for South Alabama Foundation's 5 itemized 2025 grants were Alabama (100%). The most frequent recipient cities were Mobile, AL (4 grants). 100% of grants with a stated purpose were for general or operating support.
How South Alabama Foundation gives
- In 2025 it paid out 86% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with South Alabama Foundation
- How to evaluate South Alabama Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to South Alabama Foundation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
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.
Ready to take the next step with South Alabama Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 5 itemized 2025 grant dollars.
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2023–2025
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 recipients include Volunteers of America Southeast ($37,000), Goodwill of the Gulf Coast ($30,000), Exceptional Foundation ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| VOLUNTEERS OF AMERICA SOUTHEAST Mobile, AL | OPERATING EXPENSES | $37,000 |
| GOODWILL OF THE GULF COAST Mobile, AL | OPERATING EXPENSES | $30,000 |
| EXCEPTIONAL FOUNDATION Daphne, AL | OPERATING EXPENSES | $25,000 |
| MULHERIN CUSTODIAL HOMES Mobile, AL | OPERATING EXPENSES | $25,000 |
| UNITED CEREBRAL PALSY Mobile, AL | OPERATING EXPENSES | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2025 IRS 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
Similar Funders
Funders that support many of the same organizations
Crestlea Foundation Inc
Wilmington, DE
Assets
$21.7M
Grants
65
Total Given
$1.0M
E S Prentiss Foundation-Ir
Pittsburgh, PA
Assets
$72.2M
Grants
47
Total Given
$4.8M
Faye Kaplan Charitable Foundation
Cleveland, OH
Assets
—
Grants
58
Total Given
$45K
United Way of Greater Cleveland
Cleveland, OH
Assets
$41.3M
Grants
18
Total Given
$2.2M
The Youngwall Family Foundation Inc
Woodbury, NY
Assets
$9.9M
Grants
1
Total Given
$250K
Northern Berkshire United Way Inc
North Adams, MA
Assets
$660K
Grants
18
Total Given
$261K
Sunbury Northumberland Commtr
Orlando, FL
Assets
—
Grants
26
Total Given
$105K
Salant Family Foundation Trust
Kannapolis, NC
Assets
$3.6M
Grants
48
Total Given
$217K
By the Hand Foundation
Rocky River, OH
Assets
$936K
Grants
8
Total Given
$53K
Ue Systems Foundation Inc
Elmsford, NY
Assets
$173K
Grants
21
Total Given
$14K
GivenGain Foundation USA
Fort Lauderdale, FL
Assets
$2.9M
Grants
294
Total Given
$22.8M
Enterprise Holdings Foundation
Saint Louis, MO
Assets
—
Grants
9,499
Total Given
$73.1M
More Funders in Alabama
Data last updated September 2026. Sourced from IRS Form 990-PF filings.