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ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA FOUNDATION INC

EIN 63-1126742 BIRMINGHAM, AL

Revenue 2024
$2,831,031
Expenses 2024
$3,334,671

Program services were 77.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B82
Classification
1200
Street
1320 1ST AVE S

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • JAMES H SANFORD

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1
  • MICHAEL CHAMBERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • CARTER WELLS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • LIZ PHARO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • LEIGH DAVIS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • DEL SMITH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • BOB POWERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • MILLER GIRVIN

    PRESIDENT

    Total calculated
    $302,296
    From this org
    $0
    From related orgs
    $264,658
    Other
    $37,638
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $259,624 related
    Bonus
    $0 + $5,034 related
    Other
    $0
    Deferred
    $0 + $18,983 related
    Nontaxable benefits
    $0 + $18,655 related
    Filer's total
    $0 + $302,296 related
  • STEVE SEWELL

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $225,235
    From this org
    $0
    From related orgs
    $190,140
    Other
    $35,095
    Hours/week
    4 + 36 related

    Schedule J breakdown matched by us

    Base
    $0 + $186,651 related
    Bonus
    $0 + $3,489 related
    Other
    $0
    Deferred
    $0 + $15,640 related
    Nontaxable benefits
    $0 + $19,455 related
    Filer's total
    $0 + $225,235 related
  • KATHERINE HUGHES

    VP - INNOVATION & ENTREPRENEURSHIP

    Total calculated
    $163,332
    From this org
    $0
    From related orgs
    $135,672
    Other
    $27,660
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $132,978 related
    Bonus
    $0 + $2,694 related
    Other
    $0
    Deferred
    $0 + $8,548 related
    Nontaxable benefits
    $0 + $19,112 related
    Filer's total
    $0 + $163,332 related
  • BAKARI MILLER

    VICE PRESIDENT

    Total calculated
    $159,637
    From this org
    $0
    From related orgs
    $142,705
    Other
    $16,932
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $139,918 related
    Bonus
    $0 + $2,787 related
    Other
    $0
    Deferred
    $0 + $10,158 related
    Nontaxable benefits
    $0 + $6,774 related
    Filer's total
    $0 + $159,637 related
  • LAUREN HYDE

    VICE PRESIDENT

    Total calculated
    $218,535
    From this org
    $0
    From related orgs
    $203,797
    Other
    $14,738
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $199,438 related
    Bonus
    $0 + $4,359 related
    Other
    $0
    Deferred
    $0 + $14,281 related
    Nontaxable benefits
    $0 + $457 related
    Filer's total
    $0 + $218,535 related

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 — 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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $2,831,031
    Expenses
    $3,334,671
    Contributions
    $2,596,176
    Grants paid
    $292,500
  • 2023
    Revenue
    $1,910,409
    Expenses
    $2,916,439
    Contributions
    $1,739,625
    Grants paid
    $212,500
  • 2022
    Revenue
    $7,073,213
    Expenses
    $2,676,636
    Contributions
    $6,959,210
    Grants paid
    $225,000

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Grants made

  • 2024 TO ASSIST STARTUP COMPANIES WITH ADDITIONAL CAPITAL TO LAUNCH OR SCALE THEIR BUSINESS

  • 2023 TO ASSIST STARTUP COMPANIES WITH ADDITIONAL CAPITAL TO LAUNCH OR SCALE THEIR BUSINESS

  • WEELTH INC

    $50,000

    2022 TO ASSIST STARTUP COMPANIES WITH ADDITIONAL CAPITAL TO LAUNCH OR SCALE THEIR BUSINESS

  • 2024 TO ASSIST STARTUP COMPANIES WITH ADDITIONAL CAPITAL TO LAUNCH OR SCALE THEIR BUSINESS

  • 2022 TO ASSIST STARTUP COMPANIES WITH ADDITIONAL CAPITAL TO LAUNCH OR SCALE THEIR BUSINESS

  • 2023 TO ASSIST STARTUP COMPANIES WITH ADDITIONAL CAPITAL TO LAUNCH OR SCALE THEIR BUSINESS

  • CROUX INC

    $25,000

    2023 TO ASSIST STARTUP COMPANIES WITH ADDITIONAL CAPITAL TO LAUNCH OR SCALE THEIR BUSINESS

  • CROUX INC

    $25,000

    2024 TO ASSIST STARTUP COMPANIES WITH ADDITIONAL CAPITAL TO LAUNCH OR SCALE THEIR BUSINESS

  • 2023 TO ASSIST STARTUP COMPANIES WITH ADDITIONAL CAPITAL TO LAUNCH OR SCALE THEIR BUSINESS

  • 2023 TO ASSIST STARTUP COMPANIES WITH ADDITIONAL CAPITAL TO LAUNCH OR SCALE THEIR BUSINESS

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

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 10 September 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.