The Gratitude Foundation

BIRMINGHAM, AL EIN: 33-1022154

The Gratitude Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 15 grants totaling $266K. Net investment income was $307K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.5M

+0.9% YoY

Annual Giving

$266K

-10.1% YoY

Grant Count

-16.7% YoY

Avg Grant Size

$18K

+7.9% YoY

Under IRS private-foundation payout rules, The Gratitude Foundation reported a distributable amount of $299K for 2024 — the minimum it must pay out in qualifying distributions.

About The Gratitude Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alabama $1.4M (100%)

Georgia $5K (0%)

States

Alabama Georgia

Cities

AtlantaBirminghamCamdenEnsleyIrondaleMontgomeryMoultonNauvoo

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,466,277	$4,427,791	$4,556,141
Revenue	$331,114	$199,068	$265,274
Expenses	$294,853	$330,647	$330,045
Qualifying Distributions	$266,360	$296,320	$301,975
Net Investment Income	$307,186	$166,821	$244,454
Distributable Amount	$298,583	$269,914	$275,117

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

86 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Alabama Arise ($25,000), Cahaba River Society ($25,000), Camp Mcdowell ($25,000).

Recipient	Purpose	Amount
ALABAMA ARISE MONTGOMERY, AL	CIVIC	$25,000
BLACK BELT TREASURES CAMDEN, AL	CIVIC	$10,000
BLACK WARRIOR RIVERKEEPER BIRMINGHAM, AL	CIVIC	$15,000
CAHABA RIVER SOCIETY BIRMINGHAM, AL	CIVIC	$25,000
CAMP MCDOWELL NAUVOO, AL	EDUCATION	$25,000
CAMP SAWYERVILLE BIRMINGHAM, AL	CIVIC	$20,000
FRESH WATER LAND TRUST BIRMINGHAM, AL	CIVIC	$15,000
GREATER BIRMINGHAM ARTS EDUCATION COLLABORATIVE BIRMINGHAM, AL	EDUCATION	$20,000
PHILANTHROPY SOUTHEAST ATLANTA, GA	CIVIC	$1,360
PRESCHOOL PARTNERS BIRMINGHAM, AL	EDUCATION	$15,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JERA STRIBLING	PRESIDENT	1	—
TRUDIE GRUMAN	SECRETARY	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Gratitude Foundation?

The Gratitude Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. It holds $4.5M in total assets as of 2024.

How large is The Gratitude Foundation?

As of 2024, The Gratitude Foundation holds $4.5M in total assets with $331K in annual revenue. It awarded 15 grants totaling $266K in 2024.

Where does The Gratitude Foundation operate?

The Gratitude Foundation has awarded grants in Alabama, Georgia.

What size grants does The Gratitude Foundation award?

In 2024, The Gratitude Foundation awarded 15 grants totaling $266K — an average of about $18K per grant, based on its IRS Form 990 filings.

How much is The Gratitude Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Gratitude Foundation reported a distributable amount of $299K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.