Private foundation (trust)EIN 201173879Est. 2005-01
SSAB FOUNDATION FOR EDUCATION INC
MOBILE, AL 366025037
Accepts unsolicited proposalsTotal Assets
$117K
FY 2023
Annual Giving
$100K
FY 2023
Grants Made
11
FY 2023
Avg Grant
$9K
FY 2023
Grant Range
$8K–$10K
Typical
Deadlines
12 31
Applications
Programs & Activities
Program 1
$100KThe Foundation provides ongoing funding for local Alabama Public Schools. In the past 10 area Public Schools were provided beneficial funding for the purpose of purchasing school supplies. During 2020 due to the suspension of classes and school activities due to COVID-19 no funds were set aside or distributed to the schools. In 2021 as school activities returned to normal the Foundation resumed support of the schools with support of 11 Public Schools continuing in 2022.
Focus Areas
Financial Snapshot
2023 filing
Total Revenue
$100K
Total Expenses
$100K
Qualifying Distributions
$100K
Distributable Amount
$6K
Min. Investment Return
$6K
Payout rate
Qualifying distributions as a share of distributable amount.
Grant Range
11 grants
Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.
Giving Over Time
4 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
34 grants
Grant Size Distribution
33 grants
Geographic Focus
1 states
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