Mission
SUPPORTING ORGANIZATION FOR ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA, INC.
Public Charity
THE ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA FOUNDATION INC
THE ECONOMIC DEVELOPMENT PARTNERSHIP OF ALABAMA FOUNDATION INC is a Public Charity headquartered in BIRMINGHAM, AL. Financial data from the 2024 filing: $2.8M revenue, $3.3M expenses, $7.2M total assets. 3 publicly reported grants to this organization, totaling roughly $75K, appear in IRS filings.
EIN: 631126742
BIRMINGHAM, AL
Scholarships & Student Financial Aid
NTEE: B82
Latest filing: 2024
Total Revenue$2.8M
Total Expenses$3.3M
Total Assets$7.2M
Grant Records3
Funding Total$75K
Filing Years2020–2024
Where $100 goes at The Economic Development Partnership of Alabama Foundation Inc
How The Economic Development Partnership of Alabama Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$91
Programs
the work itself
$9
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 $91 for programs
$91
Alabama launchpad is a program of The Economic Development Partnership of Alabama Foundation, a 501(c)(3) organization
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
UAB annual support
$25,000
$25,000
2017 Alab Launchpad dues
$25,000
Showing up to 5 of 3 total records — full history available with membership.
Officers & Directors
VICE PRESIDENT
Bakari Miller
DIRECTOR
Bob Powers
DIRECTOR
Carter Wells
BOARD MEMBER
Del Smith
BOARD CHAIR
James H Sanford
VP - INNOVATION & ENTREPRENEURSHIP
Katherine Hughes
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $2.8M | $3.3M | $7.2M |
| 2023 | $1.9M | $2.9M | $7.0M |
| 2022 | $7.1M | $2.7M | $7.7M |
| 2021 | $1.4M | $1.2M | $3.7M |
| 2020 | $1.1M | $1.2M | $3.8M |
Between 2020 and 2024, reported annual revenue grew from $1.1M to $2.8M (+151%), with total assets most recently reported at $7.2M.
Interactive year-over-year charts and full filing details available with membership.