Alabama · Charitable trust
Alabama Business Charitable Trust Fund Inc
The primary mission of the trust is to benefit specific charitable organizations that provide financial assistance to low income individuals with financial emergencies in central and south alabama for energy, food, shelter, medical care and education.
- $1.5M
- Granted FY2024(still arriving)
- 36
- Itemized grants FY2024
- 34
- Organizations funded FY2023
- 18%
- First-time grantees FY2023
- Itemized, FY2024
- $1.5M
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $20,000
- Largest grant, FY2024
- $260,000
- Organizations funded a year
- 28 to 35
- FY2019 to FY2023
- States reached, FY2024
- 2
- Total assets, FY2024
- $38M
How open it is to new grantees
In FY2023, 18% of the organizations Alabama Business Charitable Trust Fund Inc funded were first-time grantees, receiving 6% of its grant dollars.
New vs renewed · share of each year
In FY2023, 94% of grant dollars renewed an existing relationship; $73k went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 33 | $1.5M | 15% |
| FY2023 | 34 | $1.3M | 18% |
| FY2022 | 35 | $1.4M | 29% |
| FY2021 | 35 | $848k | 37% |
| FY2020 | 28 | $1.2M | 18% |
| FY2019 | 28 | $1.1M | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2024.
Top grantees
Largest recipients by total granted, FY2019 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| The Salvation Army | $820,000 | 3 | n/a |
| Community Action Agency of Northeast Alabama Inc | $756,552 | 6 | 1% |
| Catholic Social Services of Montgomery | $590,728 | 6 | 11% |
| Community Service Programs of West Alabama Inc | $515,120 | 6 | 1% |
| Organized Community Action Program Inc | $449,039 | 6 | 1% |
| Community Action Agency of South Alabama Inc | $445,713 | 6 | 2% |
| Community Action Partnership of North Alabama Inc | $359,709 | 6 | 0% |
| Jefferson County Committee for Economic Opportunity | $327,074 | 3 | 1% |
| Montgomery Community Action Committee & Community Dev Corp | $292,630 | 6 | 0% |
| Community Action Agency of Talladega Clay Randolph Calhoun & Cleburne Count | $287,713 | 6 | 3% |
Show all 66 grantees
What it could do for these grantees
Plus 1 recipient with no EIN on record ($90k), not named here.
Where it is load-bearing
Each grantee by its size and the share of its budget Alabama Business Charitable Trust Fund Inc supplied at peak.
Tap a dot to name the grantee.
How this is measured
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.
Open a dossier: Alabama Power Foundation Inc · The Daniel Foundation of Alabama · The Community Foundation of Greater Birmingham · Navigate Affordable Housing Partners Inc · Mike and Gillian Goodrich Foundation · Alabama Civil Justice Foundation · United Way of Central Alabama Inc · Tombigbee Resource Conservation and Development Council · Orlean & Ralph W Beeson Fund · Community Food Bank of Central Alabama · Cadence Bank Foundation · United Way of Southwest Alabama Inc
How this is measured
Compare Alabama Business Charitable Trust Fund Inc with peer funders
About Alabama Business Charitable Trust Fund Inc
- How much does Alabama Business Charitable Trust Fund Inc give?
- Alabama Business Charitable Trust Fund Inc reported 36 itemized grants totaling $1,469,541, out of $1,519,541 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 28 and 35 organizations a year over FY2019 to FY2023.
- What does Alabama Business Charitable Trust Fund Inc fund?
- By grant dollars over FY2019 to FY2024, its largest causes are Human Services (72%), Community Improvement (13%), Philanthropy (6%).
- Who are Alabama Business Charitable Trust Fund Inc's largest grantees?
- By total granted over FY2019 to FY2024: The Salvation Army ($820k), Community Action Agency of Northeast Alabama Inc ($757k), Catholic Social Services of Montgomery ($591k).
- Does Alabama Business Charitable Trust Fund Inc fund new organizations?
- In FY2023, 18% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Alabama Business Charitable Trust Fund Inc?
- Its strongest co-funders, measured against what their size predicts, include Alabama Power Foundation Inc, The Daniel Foundation of Alabama, The Community Foundation of Greater Birmingham.
- Where is Alabama Business Charitable Trust Fund Inc based?
- Alabama Business Charitable Trust Fund Inc is based in AL.
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