The Alys Foundationinc
The Alys Foundation is a 501(c)(3) nonprofit organization and corporate foundation established in 2006, based in Alys Beach, Florida. The foundation was created to provide funding for sustaining the long-term community values of Alys Beach and the greater Walton County area. The organization enriches its community by promoting cultural and charitable activities through concerts, events, and direct grants to local nonprofits.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.0M
-1.3% YoY
Annual Giving
$715K
+65.7% YoY
Grant Count
22
+15.8% YoY
Avg Grant Size
$32K
+43.1% YoY
Mission & Focus Areas
The Alys Foundation supports 501(c)(3) registered charities within Walton County, Florida whose missions and programs align with the following focus areas:
Healthcare Access — Expanding access to compassionate, affordable medical, dental, and mental health care and health education resources.
Arts & Culture — Expanding access to the arts and inspiring creativity and connection through local cultural programs.
Community Impact — Investing in local organizations and initiatives that strengthen neighborhoods, expand opportunity, and improve quality of life.
The foundation does not align with any political or religious affiliations.
Grantmaking
The Alys Foundation accepts grant applications on a quarterly basis with deadlines on March 1st, June 1st, September 1st, and December 1st. Organizations may only apply once per year.
Grant Range
was approximately $91 per grant. Notable grantees have included the Children's Volunteer Health Network Inc.
Average Grant
was approximately $91 per grant. Notable grantees have included the Children's Volunteer Health Network Inc.
Review Cycle
on March 1st, June 1st, September 1st, and December 1st. Organizations may only apply once per year.
How to Apply
**
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Geographic Focus
Where this funder awards grants
The Alys Foundation primarily funds organizations based in Walton County, Florida. The foundation operates in Florida and Georgia, with funding activities in cities including Alys Beach, Destin, and Tampa.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
2024 Financial Data:
- Total Assets: $6,956,418
- Total Revenues: $2,529,270
- Total Expenses: $2,580,561
- Annual Grants Awarded: $432,000 (19 grants)
- Expense Ratio: 90.7% of total revenue spent on programs
2023 Financial Data:
- Total Assets: $7,048,018
- Total Revenues: $2,368,802
- Total Expenses: $2,148,605
The foundation has zero employees and operates with volunteer leadership. Internal sponsors include the Alys Beach Sales Team and Alys Beach Construction, with each home sale in Alys Beach generating a contribution to the foundation.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,956,418 | $7,048,018 | $6,772,403 |
| Revenue | $2,529,270 | $2,368,802 | $4,210,283 |
| Expenses | $2,580,561 | $2,148,605 | $1,918,534 |
| Qualifying Distributions | $1,276,781 | $874,319 | $959,651 |
| Net Investment Income | $308,190 | $261,470 | — |
| Distributable Amount | $312,131 | $305,449 | $261,974 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
95 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Bryson Stephens — President and Secretary (serves without compensation)
- J. David Walker — Vice-President/Treasurer (serves without compensation)
The Stephens Family Design Committee is involved in hand-selecting artworks and sculptures supported by the foundation throughout Alys Beach.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JDAVID WALKER | VICE-PRESIDENT/TREASURER | 1 | — |
| BRYSON STEPHENS | PRESIDENT & SECRY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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