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Financials

Our most recent Auditor’s Report is available below:

Financial Report

Grants authorized for 2024: $1,740,818
Number of funds under management: 140

Average fund size: $142,000
Largest fund: $1.6 million

Gifts to the Community Foundation during 2024: $2,813,555

Assets (total): $19.5 Million

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From Inception 1999 – 12/31/2024

Grants Awarded: $25,101,083

Gifts Received: $34,790,540

Operating expenses: Less than 1% of Assets
Staffing: 2 PTEs

IRS E.I. Number: 63-1225003


Scholarship Information14 recipients received a total of $53,000 in scholarships.

Audit InformationA 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 Informationwww.thecfwa.org

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Grant CyclesFor 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.

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