The Alexandria Business Foundation
The Alexandria Business Foundation is a private foundation, based in Alexandria, LA. IRS filing data is available from 2020 through 2023. In 2023, it awarded 1 grant totaling $6K. Net investment income was $1.
Key facts about The Alexandria Business Foundation
In short: The Alexandria Business Foundation gave $6K across 1 grant in 2023 (avg $6K), mostly in Louisiana. Source: 2023 IRS Form 990-PF.
- EIN
- 72-1311720
- Latest 990 filing
- Form 990-PF, 2023
- Annual giving (2023)
- $6,259
- Grants made (2023)
- 1
- Average grant
- $6,259
- Median grant
- $6,259
- Primary geography
- Louisiana (100% of itemized 2023 grant dollars)
Data from IRS Form 990-PF, 2023; updated September 2026.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$6K
-99.4% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$6K
-98.7% YoY
Under IRS private-foundation payout rules, The Alexandria Business Foundation reported a distributable amount of $392 for 2023 — the minimum it must pay out in qualifying distributions.
How The Alexandria Business Foundation gives
- Giving fell 85% from 2020 to 2023. Method
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2023 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $6K (2023) to $970K (2022). In 2023 it made 1 grant totaling $6K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2023
The largest 2023 recipient was Central La Tech Community College ($6K).
Grant Size Distribution
45 grants across all recorded years
The most common grant size was under $50K: 43 grants of 45 (96%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Central La Tech Community College Alexandria, LA | Charitable Purpose | $6,259 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $8,917 | $983,856 |
| Revenue | $92 | $1,615 | $289,749 |
| Expenses | $9,009 | $976,554 | $83,744 |
| Qualifying Distributions | $8,859 | $972,515 | $72,545 |
| Net Investment Income | $1 | $1,465 | $279,427 |
| Distributable Amount | $392 | $28,389 | $45,916 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS October 11, 2022)
- IRS filings on file for fiscal years 2020–2023
Leadership & Key People
Officers and directors from IRS filings
The Alexandria Business Foundation is led by Stephen Wright, President on every filing since 2020; none of the 8 officers listed in 2023 report compensation.
Officers on the 2023 filing
Stephen Wright
President
On filings since 2020
No compensation reported
Carl R. Carstens
Board Member
On filings since 2020
No compensation reported
Ed Caplan
Board Member
On filings since 2020
No compensation reported
Frank Brame
Board Member
On filings since 2020
No compensation reported
Jason Cobb
Board Member
On filings since 2020
No compensation reported
Randy Seeser
Secretary
On filings since 2020
No compensation reported
Tom Hardin
Board Member
On filings since 2020
No compensation reported
Wayne Miller
Vice President
On filings since 2020
No compensation reported
Former officers (1)
- Former: Harry Silver (2020–2022) — Board Member
Data from IRS Form 990 filings, 2020–2023. "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 The Alexandria Business Foundation
How much does The Alexandria Business Foundation give each year?
The Alexandria Business Foundation gave $6K across 1 grant in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $970K across 2 grants.
Where does The Alexandria Business Foundation operate?
The Alexandria Business Foundation has awarded grants in Louisiana.
How much is The Alexandria Business Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, The Alexandria Business Foundation reported a distributable amount of $392 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Alexandria Business Foundation's EIN?
The Alexandria Business Foundation's EIN (Employer Identification Number) is 72-1311720. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching The Alexandria Business Foundation by hand.
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