Alabama Marines Foundation

The Alabama Marines Foundation is a nonprofit organization that aims to provide support to Marines, their families, and other veterans' groups. The foundation operates by offering grants and making charitable contributions to deserving individuals and other nonprofit organizations. It focuses on supporting veterans organizations located in Alabama that provide goods or services to active duty, reserve, and other military personnel.

Mission and Activities

The foundation's mission involves raising funds to support its charitable activities. It supports organizations in Alabama that offer services to military personnel, emphasizing the welfare of Marines and their families. The Alabama Marines Foundation encourages applications for grants from local veterans organizations that align with its mission.

Financial Overview

Financially, the Alabama Marines Foundation handles a modest budget, with revenues typically ranging between $100,000 and $200,000 annually. Its expenses usually are within the range of $50,000 to $100,000 per year, depending on its charitable activities and operational costs. As of recent filings, the total assets of the foundation have been approximately between $200,000 and $400,000.

Structure and Operations

Headquartered in Tuscaloosa, Alabama, the organization is recognized as a charitable organization eligible for tax-exempt contributions. It operates under the tax identification number EIN 454650370, and its activities are guided by its stated purpose of supporting military families and related charities.

Purpose

The foundation's primary purpose is to provide financial assistance to deserving individuals and organizations, focusing on those that provide critical services to military personnel and their families. This support helps enhance the quality of life for those in need within the military community in Alabama.