Financials
Our most recent Auditor’s Report is available below:
Financial Report
Grants authorized for 2023: $1,433,428
Number of funds under management: 125
Average fund size: $135,000
Largest fund: $1.4 million
Gifts to the Community Foundation during 2023: $1,531,165
Assets (total): $17 Million
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From Inception 1999 – 12/31/2023
Grants Awarded: $25,465,989
Gifts Received: $33,308,370
Operating expenses: 0.7% of total assets
Staffing: 2 PTEs
IRS E.I. Number: 63-1225003
Scholarship Information – 12 recipients received a total of $50,000 in scholarships.
Audit Information – A complete audit is conducted yearly by LeCroy, Hunter & Company, P.C., Northport, AL. All audit information is available for review at the CFWA office.
Web Information – www.thecfwa.org
Facebook – Find us on Facebook
Grant Cycles – For charitable organizations we offer 2 grant cycles each year with deadlines of April 1 and November 1. Additionally, we offer educational grants available to teachers each fall with a deadline of November 1. Applications for both grant cycles can be found here.