Terry and Susan Anderson Family
Terry and Susan Anderson Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FLORENCE, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 5 grants totaling $218K. Net investment income was $53K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
+83.5% YoY
Annual Giving
$218K
+97.7% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$44K
+58.2% YoY
Under IRS private-foundation payout rules, Terry and Susan Anderson Family reported a distributable amount of $50K for 2024 — the minimum it must pay out in qualifying distributions.
About Terry and Susan Anderson Family
Based on IRS filings
Terry and Susan Anderson Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FLORENCE, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 5 grants totaling $218K. Net investment income was $53K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,874,858 | $1,021,663 | $1,092,039 |
| Revenue | $1,067,248 | $48,048 | $677,006 |
| Expenses | $222,376 | $118,424 | $1,001,329 |
| Qualifying Distributions | $221,554 | $110,000 | $997,362 |
| Net Investment Income | $52,649 | $44,173 | $327,270 |
| Distributable Amount | $49,788 | $53,962 | $69,629 |
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 2024
Grant Size Distribution
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Florence-lauderdale Public Library ($100,000), Fca University of Alabama ($50,000), Alabama Kidney Foundation ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FLORENCE-LAUDERDALE PUBLIC LIBRARY FLORENCE, AL | BENEVOLENT DONATION | $100,000 |
| EVANGEL CHURCH DURHAM DURHAM, NC | BENVOLENT DONATION | $12,500 |
| FCA UNIVERSITY OF ALABAMA KANSAS CITY, MO | BENVOLENT DONATION | $50,000 |
| SMILE-A-MILE BIRMINGHAM, AL | BENEVOLENT DONATION | $25,000 |
| ALABAMA KIDNEY FOUNDATION BIRMINGHAM, AL | BENEVOLENT DONATION | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TERRY C ANDERSON | DIRECTOR | — | — |
| SUSAN T ANDERSON | DIRECTOR | — | — |
| CHARLES C ANDERSON | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Terry and Susan Anderson Family?
Terry and Susan Anderson Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FLORENCE, AL. It holds $1.9M in total assets as of 2024.
How large is Terry and Susan Anderson Family?
As of 2024, Terry and Susan Anderson Family holds $1.9M in total assets with $1.1M in annual revenue. It awarded 5 grants totaling $218K in 2024.
Where does Terry and Susan Anderson Family operate?
Terry and Susan Anderson Family has awarded grants in Alabama, Georgia, Massachusetts, Missouri, North Carolina, Ohio.
What size grants does Terry and Susan Anderson Family award?
In 2024, Terry and Susan Anderson Family awarded 5 grants totaling $218K — an average of about $44K per grant, based on its IRS Form 990 filings.
How much is Terry and Susan Anderson Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Terry and Susan Anderson Family reported a distributable amount of $50K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Terry and Susan Anderson Family's EIN?
Terry and Susan Anderson Family's EIN (Employer Identification Number) is 72-1528208. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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