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Nonprofiteer
← THE COMMUNITY FOUNDATION OF GREATER BIRMINGHAM

Form 990 for tax year 2023

Filed by THE COMMUNITY FOUNDATION OF GREATER BIRMINGHAM.

Totals

Total revenue
$30,634,267
Total expenses
$35,901,917
Contributions and grants received
$24,597,446
Grants paid
$31,339,065
Program service revenue
$0
Investment income
$5,913,205
Other revenue
$123,616
Total assets, end of year
$290,214,848
Total liabilities, end of year
$20,722,508
Net assets or fund balances, end of year
$269,492,340
Program services expenses (Part IX)
$33,504,321
Management and general expenses
$878,755
Fundraising expenses
$1,518,841
Program service expenses (Part III)
$33,504,321

Program services were 93.3% 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

    $24,597,446

  • 1g · Noncash contributions included above

    $11,508,187

  • 3 · Investment income

    total $5,250,112 · unrelated business $162 · excluded $5,249,950

  • 5 · Royalties

    total $6,935 · unrelated business $6,935

  • 7a · Gross sales of assets other than inventory

    securities $111,931,253

  • 7b · Less cost or other basis and sales expenses

    securities $111,268,160

  • 7c · Gain or loss

    securities $663,093

  • 7d · Net gain or loss

    total $663,093 · unrelated business -$16,019 · excluded $679,112

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $213,871 · excluded $213,871

  • 11b · Other revenue: PASSTHROUGH NET INCOME

    total -$97,190 · unrelated business -$97,190

  • 11e · Other revenue, total

    $116,681

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $31,271,065 · program services $31,271,065

  • 2 · Grants to domestic individuals

    total $68,000 · program services $68,000

  • 5 · Compensation of officers, directors and key employees

    total $311,760 · program services $124,704 · management and general $62,352 · fundraising $124,704

  • 7 · Other salaries and wages

    total $1,186,371 · program services $451,370 · management and general $244,115 · fundraising $490,886

  • 8 · Pension plan contributions

    total $60,163 · program services $17,785 · management and general $20,913 · fundraising $21,465

  • 9 · Other employee benefits

    total $181,706 · program services $77,207 · management and general $53,136 · fundraising $51,363

  • 10 · Payroll taxes

    total $107,275 · program services $41,472 · management and general $21,859 · fundraising $43,944

  • 11b · Fees: legal

    total $40,529 · program services $21,632 · management and general $18,897

  • 11c · Fees: accounting

    total $77,462 · program services $5,316 · management and general $48,097 · fundraising $24,049

  • 11f · Fees: investment management

    total $913,910 · program services $274,173 · management and general $265,034 · fundraising $374,703

  • 11g · Fees: other

    total $129,506 · program services $69,353 · management and general $3,016 · fundraising $57,137

  • 12 · Advertising and promotion

    total $46,425 · program services $2,462 · fundraising $43,963

  • 13 · Office expenses

    total $29,847 · program services $9,502 · management and general $9,075 · fundraising $11,270

  • 14 · Information technology

    total $130,263 · program services $48,527 · management and general $22,687 · fundraising $59,049

  • 16 · Occupancy

    total $123,559 · program services $47,536 · management and general $25,281 · fundraising $50,742

  • 17 · Travel

    total $5,498 · program services $375 · management and general $1,809 · fundraising $3,314

  • 19 · Conferences, conventions and meetings

    total $20,869 · program services $14,535 · management and general $1,245 · fundraising $5,089

  • 22 · Depreciation, depletion and amortization

    total $69,333 · program services $21,876 · management and general $19,022 · fundraising $28,435

  • 23 · Insurance

    total $29,853 · program services $11,012 · management and general $6,266 · fundraising $12,575

  • 24a · Other expenses: INITIATIVES/GRANT CYCLE

    total $836,478 · program services $836,178 · fundraising $300

  • 24b · Other expenses: SPONSORSHIP/DONOR RELAT

    total $85,374 · program services $28,546 · fundraising $56,828

  • 24c · Other expenses: MARKETING MATERIALS/PUB

    total $65,704 · program services $17,770 · fundraising $47,934

  • 24d · Other expenses: TRAINING/DEVELOPMENT

    total $59,554 · program services $37,948 · management and general $16,572 · fundraising $5,034

  • 24e · All other expenses

    total $51,413 · program services $5,977 · management and general $39,379 · fundraising $6,057

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $11,075,363 · end of year $12,418,971

  • 3 · Pledges and grants receivable

    beginning of year $1,068,001 · end of year $869,869

  • 4 · Accounts receivable

    beginning of year $27,576 · end of year $37,289

  • 9 · Prepaid expenses and deferred charges

    beginning of year $84,750 · end of year $57,445

  • 10a · Land, buildings and equipment: cost or other basis

    $300,396

  • 10b · Land, buildings and equipment: accumulated depreciation

    $281,833

  • 10c · Land, buildings and equipment, net

    beginning of year $17,611 · end of year $18,563

  • 11 · Investments: publicly traded securities

    beginning of year $238,304,959 · end of year $260,304,374

  • 15 · Other assets

    beginning of year $16,030,253 · end of year $16,508,337

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,419,456 · end of year $2,731,033

  • 18 · Grants payable

    beginning of year $3,385,493 · end of year $3,716,790

  • 25 · Other liabilities

    beginning of year $13,106,017 · end of year $14,274,685

  • 27 · Net assets without donor restrictions

    beginning of year $225,123,877 · end of year $245,877,828

  • 28 · Net assets with donor restrictions

    beginning of year $22,573,670 · end of year $23,614,512

Mission and programs · 2023

Mission

THE MISSION OF THE COMMUNITY FOUNDATION OF GREATER BIRMINGHAM IS TO IGNITE PASSION FOR TRANSFORMATIONAL CHANGE IN OUR COMMUNITY.

Activities or mission (Part I)

WE IGNITE PASSION FOR TRANSFORMATIONAL CHANGE THROUGH GRANTMAKING, CONVENING & LEADING, AS WE LEVERAGE DONOR GIVING TO MEET COMMUNITY NEEDS FOREVER.

  • THE COMMUNITY FOUNDATION LEVERAGES GIFTS AND BEQUESTS AND WORKS TO IMPROVE THE LIFE OF THE GREATER BIRMINGHAM REGION IN PARTNERSHIP WITH GRANTS FROM DONOR ADVISED, DESIGNATED, AND SCHOLARSHIP FUNDS.

    Expenses $30,167,959 · Grants $28,218,319

  • WITH ITS FLEXIBLE FUNDS, THE COMMUNITY FOUNDATION OF GREATER BIRMINGHAM STRIVES TO DRIVE POSITIVE CHANGE IN OUR FIVE-COUNTY AREA BY SUPPORTING PROGRAMS, PROJECTS AND CAPITAL IMPROVEMENTS THAT WILL HAVE A PROFOUND IMPACT ON A BROAD RANGE OF IMPORTANT ISSUES AND AREAS OF COMMUNITY LIFE, INCLUDING OVERCOMING PERSISTENT POVERTY; BUILDING THRIVING COMMUNITIES; ECONOMIC OPPORTUNITY FOR ALL; REGIONAL COOPERATION; AND EQUITY AND INCLUSION.

    Expenses $3,336,362 · Grants $3,120,746

As filed on the 2023 return.

Listed in Part VII

  • Brian Hamilton

    BOARD PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Rob Blalock

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Kate R Danella

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Gregory P Butrus

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Nancy Goedecke

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Myla Calhoun

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • David Gray

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Rashada Leroy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Daniel Coleman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Edgar Marx Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Lissa Tyson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Vivian Mora

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jared Weinstein

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Shegun Otulana

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Mechelle Wilder

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Ruffner Page

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Cathy Wright

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Guin Robinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Delynn Zell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Sanjay Singh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Christopher Nanni

    PRESIDENT/CEO

    Total calculated
    $236,341
    From this org
    $200,063
    From related orgs
    $0
    Other
    $36,278
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $200,063
    Bonus
    $0
    Other
    $0
    Deferred
    $10,527
    Nontaxable benefits
    $26,451
    Filer's total
    $237,041

  • Chris Luketic

    CHIEF FINANCIAL OFFICER

    Total calculated
    $140,379
    From this org
    $111,698
    From related orgs
    $0
    Other
    $28,681
    Hours/week
    40

  • George Gaskin

    DIRECTOR OF GIFT PLANNING

    Total calculated
    $106,508
    From this org
    $100,865
    From related orgs
    $0
    Other
    $5,643
    Hours/week
    40

  • Lora Blalock

    VICE PRESIDENT, DEVELOPMENT

    Total calculated
    $142,494
    From this org
    $116,654
    From related orgs
    $0
    Other
    $25,840
    Hours/week
    40

  • Gus Heard-Hughes

    VICE PRESIDENT, PROGRAMS

    Total calculated
    $134,148
    From this org
    $112,436
    From related orgs
    $0
    Other
    $21,712
    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

  • 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 3
THE COMMUNITY FOUNDATION OF GREATER BIRMINGHAM PARTICIPATES IN THE SALARY AND BENEFITS SURVEY THAT IS CONDUCTED ANNUALLY BY THE COUNCIL ON FOUNDATIONS. SALARY LEVELS OF ALL STAFF MEMBERS ARE COMPARED TO SALARY LEVELS OF OUR PEERS IN OUR ASSET SIZE. THE EXECUTIVE AND FINANCE COMMITTEES APPROVE THE BUDGET WHICH INCLUDES ALL STAFF SALARIES AND FORWARDS ON TO THE FULL BOARD FOR THEIR APPROVAL.

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

The 10 largest by cash amount. The API serves every itemized grant.

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.

Provenance

Return type
form_990
Tax year
2023
Filed
7 November 2024
IRS schema version
2023v5.1
Source object
202433199349302863

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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