Totals
- Total revenue
- $2,053,487
- Total expenses
- $76,940
- Contributions and grants received
- $1,503,352
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $550,135
- Other revenue
- $0
- Total assets, end of year
- $16,302,259
- Total liabilities, end of year
- $105,597
- Net assets or fund balances, end of year
- $16,196,662
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $76,940
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,503,352
-
1g · Noncash contributions included above
$31,088
-
3 · Investment income
total $422,110 · related or exempt $422,110
-
7a · Gross sales of assets other than inventory
securities $5,641,765
-
7b · Less cost or other basis and sales expenses
securities $5,513,740
-
7c · Gain or loss
securities $128,025
-
7d · Net gain or loss
total $128,025 · related or exempt $128,025
Functional expenses
Part IX, the statement of functional expenses.
-
11f · Fees: investment management
total $62,012 · management and general $62,012
-
24a · Other expenses: BAD DEBTS (RECOVERIES)
total $14,928 · management and general $14,928
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $1,190,669 · end of year $2,638,592
-
3 · Pledges and grants receivable
beginning of year $880,401 · end of year $804,978
-
11 · Investments: publicly traded securities
beginning of year $12,823,402 · end of year $12,780,814
-
15 · Other assets
beginning of year $76,612 · end of year $77,875
-
25 · Other liabilities
beginning of year $203,221 · end of year $105,597
-
27 · Net assets without donor restrictions
beginning of year $7,305,173 · end of year $7,831,744
-
28 · Net assets with donor restrictions
beginning of year $7,462,690 · end of year $8,364,918
Mission and programs · 2022
Mission
TO SERVE AS A SUPPORT ORGANIZATION FOR ALABAMA EDUCATIONAL FOUNDATION.
Activities or mission (Part I)
SUPPORT ALABAMA EDUCATIONAL FOUNDATION
-
TO SERVE AS A SUPPORT ORGANIZATION FOR ALABAMA EDUCATIONAL FOUNDATION
Revenue $550,135
As filed on the 2022 return.
Listed in Part VII
-
Elizabeth GoodrichELIZABETH GOODRICH
CHAIR, BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 0
-
Clara K ChungCLARA K CHUNG
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 0
-
Ellen McElroyELLEN MCELROY
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 0
-
Jerolyn FerrariJEROLYN FERRARI
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 0
-
Braxton GoodrichBRAXTON GOODRICH
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 0
-
Hanson SlaughterHANSON SLAUGHTER
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 0
-
Joseph Farley IIIJOSEPH FARLEY III
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 0
-
Kyung HanKYUNG HAN
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 0
-
Leo Kayser IIILEO KAYSER III
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 0
-
Myla CalhounMYLA CALHOUN
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 0
-
Robert AlandROBERT ALAND
TREASURER BOARD OF DIRECTO
- Total calculated
- $0
- Hours/week
- 0
-
W Ben HuntW BEN HUNT
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 0
-
Lia RushtonLIA RUSHTON
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 0
-
James H LewisJAMES H LEWIS
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 0
-
C Randall MinorC RANDALL MINOR
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 0
-
R Scott PulliamR SCOTT PULLIAM
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 0
-
John O Hudson IIIJOHN O HUDSON III
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 0
-
Emily Hess LevineEMILY HESS LEVINE
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 0
-
Alan EngelALAN ENGEL
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 0
-
Martin DamskyMARTIN DAMSKY
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 0
-
Starr Turner DrumSTARR TURNER DRUM
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 0
-
Connie HillCONNIE HILL
BOARD OF DIRECTORS
- Total calculated
- $0
- Hours/week
- 0
-
Peggy FleetwoodPEGGY FLEETWOOD
SECRETARY
- Total calculated
- $55,232
- From this org
- $0
- From related orgs
- $50,884
- Other
- $4,348
- Hours/week
- 40
-
Tanya YeagerTANYA YEAGER
ASSISTANT HEAD OF SCHOOL F
- Total calculated
- $211,083
- From this org
- $0
- From related orgs
- $168,057
- Other
- $43,026
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $168,057 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $17,891 related
- Nontaxable benefits
- $0 + $25,135 related
- Filer's total
- $0 + $211,083 related
-
Scott SchambergerSCOTT SCHAMBERGER
HEAD OF SCHOOL
- Total calculated
- $447,083
- From this org
- $0
- From related orgs
- $353,682
- Other
- $93,401
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $353,682 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $36,864 related
- Nontaxable benefits
- $0 + $56,537 related
- Filer's total
- $0 + $447,083 related
-
James SimonJAMES SIMON
ASSISTANT HEAD OF SCHOOL F
- Total calculated
- $228,572
- From this org
- $0
- From related orgs
- $199,927
- Other
- $28,645
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $0 + $199,927 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $20,308 related
- Nontaxable benefits
- $0 + $8,337 related
- Filer's total
- $0 + $228,572 related
-
Lauren WainrightLAUREN WAINRIGHT
DIRECTOR OF STRATEGY AND S
- Total calculated
- $122,588
- From this org
- $0
- From related orgs
- $106,832
- Other
- $15,756
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Housing allowance or residence for personal use
- 1a · Personal services (maid, chauffeur, chef)
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- ON-CAMPUS HOUSING AND HOUSEKEEPING ARE PROVIDED.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
ALABAMA EDUCATIONAL FOUNDATION & INDIAN SPRINGS SCHOOL A CORP
501(C)(3) · OPERATION OF EDUCATIONAL ORGANIZATION · AL
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 12 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202322859349302317
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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