Alpha Foundation INC

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $421K a year · 12% of revenue · last 5 filings
A surplus in 5 of the last 5 filings.
990-PF Pt I · 5 filings
15.0 mo
of spending, in cash
15.0 months of spending in cash.
990-PF Pt II · Ln 1–2 · Pt I · Ln 26
Liabilities
$491K
1% of total assets
Liabilities are 1% of assets.
990-PF Pt II · Ln 23
Revenue
$4.1M
+39% vs prior year
Spent
$3.4M
Net assets
$46.6M
By yearFY2020–FY2024
Revenue
$4.1M
FY2024▲ +39%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.3M
FY2021$3.6M
FY2022$3.4M
FY2023$3.0M
FY2024$4.1M
Expenses
$3.4M
FY2024▲ +14%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.8M
FY2021$3.1M
FY2022$3.1M
FY2023$2.9M
FY2024$3.4M
Net assets
$46.6M
FY2024▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$45.0M
FY2021$45.5M
FY2022$45.8M
FY2023$45.9M
FY2024$46.6M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1998.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 86% · $2.9M Operating & administrative 14% · $470K

Form 990-PF Part I, lines 24–26. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

10 people listed on the 990-PF.

990-PF Part VIII · reportable compensation
Secretary
$0990-PF Pt VIII
$0990-PF Pt VIII
$0990-PF Pt VIII
$0990-PF Pt VIII
$0990-PF Pt VIII
President
$0990-PF Pt VIII
$0990-PF Pt VIII
Director
$0990-PF Pt VIII
See Alpha Foundation INC executive salaries →

Programs and updates

A private foundation based in Huntsville, AL.

Questions for Alpha Foundation INC

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 98 grants · $5.8M · 2024–2024
Hudson-Alpha FoundationFY2024$600,000
Hudson-Alpha FoundationFY2024$600,000
Lincoln Village MinistryFY2024$220,000
Lincoln Village MinistryFY2024$220,000
Wellstone INCAL · FY2024$150,000
Wellstone INCAL · FY2024$150,000
Samaritans PurseNC · FY2024$100,000
Salvation ArmyFY2024$100,000
Land Trust of N AlFY2024$100,000
Habitat for Humanity River ValleyFY2024$100,000
Downtown Rescue Mission INCAL · FY2024$100,000
Chadasha Foundation INCTN · FY2024$100,000
Samaritans PurseNC · FY2024$100,000
Salvation ArmyFY2024$100,000
Land Trust of N AlFY2024$100,000
Habitat for Humanity River ValleyFY2024$100,000
See all 98 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV22
Average grantPart XV$59K
Median grantPart XV$40K
Largest grantPart XV$600K
Top cause focusNTEEHealth Care (8%)

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$4.1M
Investment income$4.0M
Other income$105K
Money out
$3.4M
Grants paid$2.9M
Running costs$470K
Owns and owes
$46.6M
net assets
Cash and savings$4.2M
Total assets$47.1M
Liabilities$491K
People
10
listed
Paid0
2In more detail
Revenue in detail
Investment income$4.0M
Other income$105K
Total revenue$4.1M
Assets in detailEnd of year
Cash and savings together$4.2M
Total assets$47.1M
Liabilities$491K
Net assets$46.6M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Nov 10, 2025 $4.1M$3.4M$758K$46.6M 990 PDF
FY2023Filed with the IRS Oct 10, 2024 $3.0M$2.9M$16K$45.9M 990 PDF
FY2022Filed with the IRS Nov 10, 2023 $3.4M$3.1M$301K$45.8M 990 PDF
FY2021Filed with the IRS Oct 25, 2022 $3.6M$3.1M$487K$45.5M 990 PDF
FY2020Filed with the IRS Nov 10, 2021 $3.3M$2.8M$541K$45.0M 990 PDF

Schedules filed Part IV

G · Fundraising L · Interested persons R · Related orgs

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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