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.
South Alabama Foundation at a glance
In short: South Alabama Foundation gave $142K across 5 grants in 2025 (avg $28K), mostly in Alabama. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $142,000
- +4.3% vs 2024
- Grants made (2025)
- 5
- +0.0% vs 2024
- Average grant
- $28,400
- +4.3% vs 2024
- Median grant
- $25,000
- Total assets
- $3,366,159
- +2.0% vs 2024
- Primary geography
- Alabama (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who South Alabama Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was Volunteers of America Southeast ($37K). Together the top 5 received $142K.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 16 grants of 16 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
States
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $80K (2023) to $142K (2025). In 2025 it made 5 grants totaling $142K.
Grants by year
Grant recipients and amounts by year
| 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 |
Ready to take the next step with South Alabama Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,366,159 | $151,550 | $177,260 | $142,000 | 5 | $142,148 | $116,438 | $165,391 |
| 2024 | $3,300,291 | $351,458 | $164,465 | $136,100 | 5 | $137,634 | $325,143 | $142,697 |
| 2023 | $2,848,159 | $89,512 | $111,574 | $80,000 | 6 | $82,623 | $60,561 | $139,032 |
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.
Leadership & Key People
Officers and directors from IRS filings
South Alabama Foundation is led by Allen H. Ladd, President on every filing since 2023; none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Allen H. Ladd
President
On filings since 2023
2 hrs/week
No compensation reported
David M. Tressler
Director
On filings since 2023
2 hrs/week
No compensation reported
J. Blair Newman
Director
On filings since 2023
2 hrs/week
No compensation reported
Joey Betbeze
Director
On filings since 2023
2 hrs/week
No compensation reported
Jeff Zoghby
Treasurer
On filings since 2023
2 hrs/week
No compensation reported
Pam Angerholzer
Secretary
On filings since 2023
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2023–2025. "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 South Alabama Foundation
How much does South Alabama Foundation give each year?
South Alabama Foundation gave $142K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $136K across 5 grants.
What is South Alabama Foundation's typical grant size?
South Alabama Foundation's median grant in 2025 was $25,000, and its average grant was $28,400, across 5 grants on its 2025 IRS Form 990-PF.
Where does South Alabama Foundation give grants?
South Alabama Foundation gives mostly in Alabama: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Mobile, AL (4 grants).
Does South Alabama Foundation give general operating support?
Yes: 100% of South Alabama Foundation's 2025 grants with a stated purpose (5 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are South Alabama Foundation's largest grantees?
South Alabama Foundation's largest 2025 grantees include Volunteers of America Southeast ($37,000), Goodwill of the Gulf Coast ($30,000) and Exceptional Foundation ($25,000), according to its 2025 IRS Form 990-PF. Together they received 65% of its itemized 2025 grant dollars.
How large is South Alabama Foundation?
South Alabama Foundation reported $3.4M in total assets on its 2025 IRS Form 990-PF. It paid out $142K in qualifying distributions that year, against a required minimum of $165K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2023–2025
Other open foundation grants in Alabama
Alabama Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in South Alabama Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Crestlea Foundation Inc
Wilmington, DE
Crestlea Foundation supports nonprofits working in social services, education, health care, arts and culture, the environment, housing, and civic causes, primarily in Delaware and parts of southeastern Chester County, Pennsylvania. Its typical grant is about $15,000, with recent awards ranging from $4,250 to $50,000. It accepts applications, but organizations must first meet with foundation staff and receive an access code; annual applications are due January 15.
Assets
$21.7M
Grants
65
Total Given
$1.0M
E S Prentiss Foundation-Ir
Pittsburgh, PA
The Elisabeth Severance Prentiss Foundation supports medical research, public health, hospitals, and direct-care healthcare projects, especially those serving low-income or underserved people in the greater Cleveland area and Cuyahoga County, Ohio. Its 2024 grants ranged from $10,000 to $1 million, with a median of $50,000. It makes grants only to preselected organizations and does not accept unsolicited requests.
Assets
$72.2M
Grants
47
Total Given
$4.8M
Faye Kaplan Charitable Foundation
Cleveland, OH
Assets
$420K
Grants
58
Total Given
$45K
United Way of Greater Cleveland
Cleveland, OH
United Way of Greater Cleveland funds nonprofit programs that advance economic mobility and financial stability, including work on income, housing stability, and child care, primarily in Cuyahoga and Geauga counties. Its 2025 grants ranged from $100,000 to $175,000, with a median of $112,500. It accepts applications through a scheduled Community Impact grant process, beginning with an RFI; the profile does not state whether it accepts unsolicited requests outside that process.
Assets
$41.3M
Grants
18
Total Given
$2.2M
The Youngwall Family Foundation Inc
Woodbury, NY
Assets
$10.0M
Grants
1
Total Given
$250K
More similar funders
More Funders in Alabama
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from South Alabama 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.
South Alabama Foundation down — hundreds of funders to go?