Financials

IRS 990 form:

Our most recent Auditor’s Report is available below:

Financial Report

Grants authorized for 2021: $727,204
Number of funds under management: 107

Average fund size: $179,000
Largest fund: $3 million

Gifts to the Community Foundation during 2021: $687,843

Assets (total): $19,057,239 million

From Inception 1999 – 12/31/2021

Grants Awarded: $23,114,060

Gifts Received:  $29,410,083

Operating expenses: 0.7% of total assets
Staffing: 3 PTEs

IRS E.I. Number: 63-1225003


Scholarship Information12 recipients received a total of $40,000 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 October 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.