EIN 20-1438564

Wallace State Community College Future Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Hanceville
State
Year formed
2004
Most recent tax filings
2023-06-01
Description
The Wallace State Community College Future Foundation supports the educational objectives of the college as a not-for-profit corporation. It helps fulfill and perform its education purposes by subsidizing students and faculty with scholarships, stipends, and mini-grants for educationally-related projects.
Total revenues
$1,193,175
2023
Total expenses
$741,091
2023
Total assets
$7,458,931
2023
Num. employees
0
2023

Program areas at Wallace State Community College Future Foundation

The organization has advanced the educational objectives of the College through the subsidation of students and faculty by providing scholarships, stipends, and mini-grants for educationally-related projects

Who funds Wallace State Community College Future Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Cullman FoundationPayment for Scholarship for Students$79,025
Cullman Savings Bank FoundationPayment for Scholarship for Students$60,000
Women's Foundation of AlabamaCommercial Drivers License Program$50,000
...and 2 more grants received

Personnel at Wallace State Community College Future Foundation

NameTitleCompensation
Bill st JohnPresident$0
Donna GuthrieTreasurer$0
Lisa WeeksVice President$0
Tim ComptonPresident / Board Member$0
Jason SpannPast President / Past President / Past President / Vice President / Board Member$0
...and 3 more key personnel

Financials for Wallace State Community College Future Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,328,675
Program services$0
Investment income and dividends$282,013
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-403,961
Net income from fundraising events$-13,552
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,193,175

Form 990s for Wallace State Community College Future Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-02-29990View PDF
2022-062023-05-15990View PDF
2021-062022-03-16990View PDF
2021-062022-03-05990View PDF
2020-062021-05-26990View PDF
...and 10 more Form 990s
Data update history
May 27, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $5,500 from Charities Aid Foundation of America
December 27, 2023
Received grants
Identified 2 new grant, including a grant for $60,000 from Cullman Savings Bank Foundation
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2023
Updated personnel
Identified 5 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Fundraising eventsEndowed supportProvides scholarshipsTax deductible donationsNo full-time employees
General information
Address
801 Main St NW
Hanceville, AL 35077
County
Cullman County, AL
Phone
(256) 352-8144
IRS details
EIN
20-1438564
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2004
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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