Alabama · Public charity
Mobile Area Chamber of Commerce Foundation Inc
To carry out charitable activities for the benefit of the community and its citizens, working with the mobile area chamber of commerce.
- $1.0M
- Granted FY2024(still arriving)
- 1
- Grants FY2024
- 2
- Organizations funded FY2023
- 50%
- First-time grantees FY2023
- Median grant, FY2024
- $1,000,000
- Largest grant, FY2024
- $1,000,000
- Organizations funded a year
- 1 to 2
- FY2017 to FY2023
- States reached, FY2024
- 1
- Total assets, FY2024
- $3.5M
How open it is to new grantees
In FY2023, 50% of the organizations Mobile Area Chamber of Commerce Foundation Inc funded were first-time grantees, receiving 33% of its grant dollars.
New vs renewed · share of each year
In FY2023, 67% of grant dollars renewed an existing relationship; $485k went to new ones.
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 1 | $1.0M | 0% |
| FY2023 | 2 | $1.5M | 50% |
| FY2022 | 1 | $831k | 0% |
| FY2020 | 1 | $775k | 0% |
| FY2019 | 1 | $820k | 0% |
| FY2018 | 1 | $1.0M | 0% |
| FY2017 | 1 | $935k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.
Top grantees
Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Mobile Area Chamber of Commerce | $6,394,082 | 7 | 24% |
| Innovation Portal Inc | $484,652 | 1 | 6% |
Compare Mobile Area Chamber of Commerce Foundation Inc with peer funders
About Mobile Area Chamber of Commerce Foundation Inc
- How much does Mobile Area Chamber of Commerce Foundation Inc give?
- Mobile Area Chamber of Commerce Foundation Inc reported 1 grants totaling $1,000,019 in its FY2024 IRS filing. It funded between 1 and 2 organizations a year over FY2017 to FY2023.
- What does Mobile Area Chamber of Commerce Foundation Inc fund?
- By grant dollars over FY2017 to FY2024, its largest causes are Community Improvement (100%).
- Who are Mobile Area Chamber of Commerce Foundation Inc's largest grantees?
- By total granted over FY2017 to FY2024: Mobile Area Chamber of Commerce ($6.4M), Innovation Portal Inc ($485k).
- Does Mobile Area Chamber of Commerce Foundation Inc fund new organizations?
- In FY2023, 50% of the organizations it funded were first-time grantees.
- Where is Mobile Area Chamber of Commerce Foundation Inc based?
- Mobile Area Chamber of Commerce Foundation Inc is based in AL.
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