SUPPORTING ORGANIZATION FOR ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA, INC.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.2M
+4.0% YoY
Annual Giving
$290K
+36.5% YoY
Grant Count
12
+71.4% YoY
Avg Grant Size
$24K
-20.4% YoY
About The Economic Development Partnership of
Based on IRS filings
The Economic Development Partnership of is a nonprofit organization focused on Education, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.2M in total assets. In 2024, it awarded 12 grants totaling $290K. Net investment income was $168K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,249,620 | $6,973,983 | $7,740,851 |
| Revenue | $2,831,031 | $1,910,409 | $7,073,213 |
| Expenses | $3,334,671 | $2,916,439 | $2,676,636 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $167,696 | $109,002 | $81,389 |
| Distributable Amount | — | — | — |
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
51 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Equipnx Inc ($50,000), Baer Enterprises Llc Dba Zone Protects ($50,000), Croux Inc ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CROUX INC BIRMINGHAM, AL | TO ASSIST STARTUP COMPANIES WITH ADDITIONAL CAPITAL TO LAUNCH OR SCALE THEIR BUSINESS | $25,000 |
| AUTONOMA INC AUBURN, AL | TO ASSIST STARTUP COMPANIES WITH ADDITIONAL CAPITAL TO LAUNCH OR SCALE THEIR BUSINESS | $25,000 |
| VIVOSPHERE LLC AUBURN, AL | TO ASSIST STARTUP COMPANIES WITH ADDITIONAL CAPITAL TO LAUNCH OR SCALE THEIR BUSINESS | $12,500 |
| DEVCLARITY LLC BIRMINGHAM, AL | TO ASSIST STARTUP COMPANIES WITH ADDITIONAL CAPITAL TO LAUNCH OR SCALE THEIR BUSINESS | $25,000 |
| EQUIPNX INC BIRMINGHAM, AL | TO ASSIST STARTUP COMPANIES WITH ADDITIONAL CAPITAL TO LAUNCH OR SCALE THEIR BUSINESS | $50,000 |
| KIMMIE STYLZ LLC BIRMINGHAM, AL | TO ASSIST STARTUP COMPANIES WITH ADDITIONAL CAPITAL TO LAUNCH OR SCALE THEIR BUSINESS | $25,000 |
| BAER ENTERPRISES LLC DBA ZONE PROTECTS DECATUR, AL | TO ASSIST STARTUP COMPANIES WITH ADDITIONAL CAPITAL TO LAUNCH OR SCALE THEIR BUSINESS | $50,000 |
| NEPHSOL INC DOTHAN, AL | TO ASSIST STARTUP COMPANIES WITH ADDITIONAL CAPITAL TO LAUNCH OR SCALE THEIR BUSINESS | $25,000 |
| NAIAD INC BIRMINGHAM, AL | TO ASSIST STARTUP COMPANIES WITH ADDITIONAL CAPITAL TO LAUNCH OR SCALE THEIR BUSINESS | $12,500 |
| PAY4ME INC BOISE, ID | TO ASSIST STARTUP COMPANIES WITH ADDITIONAL CAPITAL TO LAUNCH OR SCALE THEIR BUSINESS | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES H SANFORD | BOARD CHAIR | 1 | — |
| MICHAEL CHAMBERS | DIRECTOR | 0.5 | — |
| CARTER WELLS | DIRECTOR | 0.5 | — |
| LIZ PHARO | DIRECTOR | 0.5 | — |
| LEIGH DAVIS | BOARD MEMBER | 0.5 | — |
| DEL SMITH | BOARD MEMBER | 0.5 | — |
| BOB POWERS | DIRECTOR | 0.5 | — |
| MILLER GIRVIN | PRESIDENT | 4 | — |
| STEVE SEWELL | EXECUTIVE VICE PRESIDENT | 4 | — |
| KATHERINE HUGHES | VP - INNOVATION & ENTREPRENEURSHIP | 40 | — |
| BAKARI MILLER | VICE PRESIDENT | 1 | — |
| LAUREN HYDE | VICE PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Economic Development Partnership of?
The Economic Development Partnership of is a nonprofit organization focused on Education, based in BIRMINGHAM, AL. It holds $7.2M in total assets as of 2024.
How large is The Economic Development Partnership of?
As of 2024, The Economic Development Partnership of holds $7.2M in total assets with $2.8M in annual revenue. It awarded 12 grants totaling $290K in 2024.
Where does The Economic Development Partnership of operate?
The Economic Development Partnership of has awarded grants in Alabama, Idaho, New Hampshire.
What size grants does The Economic Development Partnership of award?
In 2024, The Economic Development Partnership of awarded 12 grants totaling $290K — an average of about $24K per grant, based on its IRS Form 990 filings.
What is The Economic Development Partnership of's EIN?
The Economic Development Partnership of's EIN (Employer Identification Number) is 63-1126742. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Economic Development Partnership of's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.