The Joel R Anderson Family Foundation
The Joel R Anderson Family Foundation is a private charitable foundation based in Florence, Alabama. Established in 1996, the foundation operates as a 501(c)(3) organization dedicated to strengthening the Shoals region through strategic philanthropic investments in nonprofit entities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.4M
+40.4% YoY
Annual Giving
$659K
+46.6% YoY
Grant Count
30
+20.0% YoY
Avg Grant Size
$22K
+22.2% YoY
Mission & Focus Areas
The foundation's mission is to empower nonprofit entities in their efforts to build and support a prosperous and healthy community where all Shoals residents have equal chances to live, work, and thrive.
The foundation prioritizes funding in the following areas:
- Education
- Child and Family Welfare
- Arts & Culture
- Community Health, Wellness, and Recreation
- Community Events
- Animal Welfare
Grantmaking
Notable grants made in 2023 include:
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Geographic Focus
Where this funder awards grants
The foundation focuses exclusively on the Shoals region of Alabama, requiring that organizations primarily serve Shoals residents.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total assets: $2,406,088
- Total revenues: $363,113
- Total expenses: $456,956
- Total giving: $449,600
The foundation maintains a lean operational structure with zero employees.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,377,845 | $2,406,088 | $2,499,931 |
| Revenue | $1,647,731 | $363,113 | $101,543 |
| Expenses | $675,974 | $456,956 | $625,121 |
| Qualifying Distributions | $659,318 | $449,600 | $616,136 |
| Net Investment Income | $1,847,407 | $413,924 | $93,999 |
| Distributable Amount | $517,698 | $659,077 | $455,364 |
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
125 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
The foundation is led by three directors:
- Joel R Anderson II
- Kristen L Anderson
- Ashley Anderson
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOEL R ANDERSON II | DIRECTOR | — | — |
| KRISTEN L ANDERSON | DIRECTOR | — | — |
| ASHLEY ANDERSON | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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A Hays Zieman & Christine B Zieman
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Assets
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Total Given
$40K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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