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
Under IRS private-foundation payout rules, The Joel R Anderson Family Foundation reported a distributable amount of $518K for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include Launch 2035 ($75,000), Shoals Symphony Orchestra ($55,000), Bear Creek Collaborative ($51,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALABAMA KIDNEY FOUNDATION FLORENCE, AL | BENEVOLENT DONATION | $10,000 |
| BEAR CREEK COLLABORATIVE FLORENCE, AL | BENEVOLENT DONATION | $51,000 |
| CRAMER CHILDREN'S CENTER FLORENCE, AL | BENEVOLENT DONATION | $25,000 |
| DOWNTOWN FLORENCE ALLIANCE FLORENCE, AL | BENEVOLENT DONATION | $5,000 |
| FOOD BANK OF NORTH ALABAMA HUNTSVILLE, AL | BENEVOLENT DONATION | $43,403 |
| MUSCLE SHOALS SONGWRITERS FOUNDATION ATHENS, AL | BENEVOLENT DONATION | $5,000 |
| NORTHWEST ALABAMA SPAY AND NEUTER ASSISTANCE (NASANA) FLORENCE, AL | BENEVOLENT DONATION | $10,000 |
| ONE PLACE OF THE SHOALS FLORENCE, AL | BENEVOLENT DONATION | $19,193 |
| PETS ARE WORTH SAVING INC FLORENCE, AL | BENEVOLENT DONATION | $20,000 |
| RIVERHILL SCHOOL FLORENCE, AL | BENEVOLENT DONATION | $20,000 |
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
Frequently Asked Questions
What does The Joel R Anderson Family Foundation fund?
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
How do I apply for a grant from The Joel R Anderson Family Foundation?
• **Median grant amount:** $13,000 • **Maximum grant amount:** $60,000 • **Typical award range:** $500–$306,378 • **Annual grant count:** Approximately 21–25 grants per year Notable grants made in 2023 include: • Bear Creek Collaborative: $60,000 • Food Bank of North Alabama: $50,000 • William Porter Foundation for Children in Need: $25,000 • Shoals Dream Center: $25,000 Organizations seeking funding must meet the following criteria: • Be a registered nonprofit entity with 501(c)(3) status • Ha…
Where does The Joel R Anderson Family Foundation make grants?
The foundation focuses exclusively on the Shoals region of Alabama, requiring that organizations primarily serve Shoals residents.
What size grants does The Joel R Anderson Family Foundation award?
In 2024, The Joel R Anderson Family Foundation awarded 30 grants totaling $659K — an average of about $22K per grant, based on its IRS Form 990 filings.
How much is The Joel R Anderson Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Joel R Anderson Family Foundation reported a distributable amount of $518K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Joel R Anderson Family Foundation's EIN?
The Joel R Anderson Family Foundation's EIN (Employer Identification Number) is 63-1133060. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Joel R Anderson Family Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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