Mission
THE FOUNDATION IS A NOT-FOR-PROFIT CORPORATION THAT ASSISTS WALLACE STATE COMMUNITY COLLEGE, A PUBLIC INSTITUTION OF HIGHER EDUCATION, IN FULFILLING AND PERFORMING ITS EDUCATIONAL PURPOSES
Public Charity
WALLACE STATE COMMUNITY COLLEGE FUTURE FOUNDATION INC
WALLACE STATE COMMUNITY COLLEGE FUTURE FOUNDATION INC, of HANCEVILLE, AL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $1.6M in revenue, $980K in expenses, $9.0M in total assets. 18 publicly reported grants to this organization, totaling roughly $279K, appear in IRS filings.
EIN: 201438564
HANCEVILLE, AL
Single Organization Support
NTEE: B11
Latest filing: 2025
Total Revenue$1.6M
Total Expenses$980K
Total Assets$9.0M
Grant Records18
Funding Total$279K
Filing Years2021–2025
Where $100 goes at Wallace State Community College Future Foundation Inc
How Wallace State Community College Future Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$87
Programs
the work itself
$13
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $87 for programs
$87
The organization has advanced the educational objectives of the college through the subsidation of students and faculty by providing scholarships, stipends, and mini-grants for educationally-related projects
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
scholarships
$10,000
TO ASSIST IN ATTRACTING AND RETAINING A QUALIFIED AND SKILLED WORKFORCE
$36,375
SCHOLARSHIPS
$9,000
FOR RECIPIENT'S EXEMPT PURPOSE
$6,000
TO ASSIST IN ATTRACTING AND RETAINING A QUALIFIED AND SKILLED WORKFORCE
$20,057
Showing up to 5 of 18 total records — full history available with membership.
Officers & Directors
BOARD MEMBER
Amy Shelton
BOARD MEMBER
Ben Harrison
EMERITUS
Betty Leeth Haynes
BOARD MEMBER
Billy Jackson
BOARD MEMBER
Dale Greer
PRESIDENT
Donna Guthrie
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $1.6M | $980K | $9.0M |
| 2024 | $1.1M | $789K | $8.2M |
| 2023 | $1.2M | $741K | $7.5M |
| 2022 | $2.5M | $703K | $6.2M |
| 2021 | $953K | $471K | $5.8M |
Between 2021 and 2025, reported annual revenue grew from $953K to $1.6M (+64%), with total assets most recently reported at $9.0M.
Interactive year-over-year charts and full filing details available with membership.