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The Economic Development Partnership of

BIRMINGHAM, AL EIN: 63-1126742 Website

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

3states

Cities

AdamsvilleAuburnBirminghamBoiseDecaturDothanGrantHomewoodHuntsvilleMadisonMobilePleasant GroveRiversideSandborntonTrussvilleWilsonville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M20202021202220232024
Metric202420232022
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

$0$148K$297K$445K$594K13 grants202011 grants20218 grants20227 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

EQUIPNX INC$50KBAER ENTERPRISES LLC DBA…$50KCROUX INC$25KAUTONOMA INC$25KDEVCLARITY LLC$25KKIMMIE STYLZ LLC$25KNEPHSOL INC$25KHUNTSVILLE MAGAZINE LLC$25KVIVOSPHERE LLC$13KNAIAD INC$13K

Grant Size Distribution

51 grants across all recorded years

34<$50K15$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JAMES H SANFORDBOARD CHAIR1
MICHAEL CHAMBERSDIRECTOR0.5
CARTER WELLSDIRECTOR0.5
LIZ PHARODIRECTOR0.5
LEIGH DAVISBOARD MEMBER0.5
DEL SMITHBOARD MEMBER0.5
BOB POWERSDIRECTOR0.5
MILLER GIRVINPRESIDENT4
STEVE SEWELLEXECUTIVE VICE PRESIDENT4
KATHERINE HUGHESVP - INNOVATION & ENTREPRENEURSHIP40
BAKARI MILLERVICE PRESIDENT1
LAUREN HYDEVICE PRESIDENT1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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