Public Charity

UNIVERSITY OF MONTEVALLO FOUNDATION

UNIVERSITY OF MONTEVALLO FOUNDATION is a Public Charity headquartered in MONTEVALLO, AL. Financial data from the 2024 filing: $10.9M revenue, $3.6M expenses, $72.6M total assets. 43 publicly reported grants to this organization, totaling roughly $1.1M, appear in IRS filings.

EIN: 237349527 MONTEVALLO, AL Latest filing: 2024
Total Revenue$10.9M
Total Expenses$3.6M
Total Assets$72.6M
Grant Records43
Funding Total$1.1M
Filing Years2020–2024

Mission

THE UNIVERSITY OF MONTEVALLO FOUNDATION OPERATES TO ADVANCE THE MISSION OF THE UNIVERSITY OF MONTEVALLO IN ALL OF ITS EDUCATIONAL, INSTRUCTIONAL, SERVICE, CHARITABLE, AND OUTREACH ENDEAVORS. THE PRIMARY PURPOSE OF THE FOUNDATION IS TO RECEIVE, SOLICIT, ACCEPT, HOLD, ADMINISTER, USE, INVEST, ENDOW, AND DISBURSE PRIVATE PHILANTHROPIC GIFTS, BEQUESTS, DEVISES, AND ALL TYPES OF PROPERTY FOR THE EXCLUSIVE BENEFIT OF THE UNIVERSITY.

Officers & Directors

MEMBER Alison Steineker
SECRETARY Amy Nenadovich
MEMBER Barbara Sloan
MEMBER Bob Baker
MEMBER Brigette Wright
MEMBER Carolyn Duncan

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATION
$322,100 13 grants
FOR RECIPIENT'S EXEMPT PURPOSE
$150,000 1 grant
For recipient's exempt purpose
$150,000 1 grant
GENERAL SUPPORT
$140,819 6 grants
COMMUNITY AND ECONOMIC DEVELOPMENT
$60,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $10.9M $3.6M $72.6M
2023 $10.6M $3.5M $57.1M
2022 $7.3M $3.8M $48.9M
2021 $6.7M $3.5M $53.6M
2020 $8.0M $7.8M $46.0M

Between 2020 and 2024, reported annual revenue grew from $8.0M to $10.9M (+37%), with total assets most recently reported at $72.6M.

Interactive year-over-year charts and full filing details available with membership.

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