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Filing year 2024

PROTECTIVE LIFE FOUNDATION

Birmingham, Alabama·EIN 63-1129596·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$4.3M
Total assets
$653k
Total expenses
$3.8M
Reported officers
5

Reported officers (all unpaid)

No paid executives reported in 2024. PROTECTIVE LIFE FOUNDATION reported 5 unpaid officers and board members on its 990-PF.

President
Treasurer
Secretary
Executive Director
EVP & Chief Human Resources of

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$3.8M

Itemized grants

219

Median grant

$5k

RecipientLocationPurposeAmount
UNITED WAY OF CENTRAL ALABAMABirmingham, AL2024 Corporate Gift$700k
UAB LONGEVITY CENTERBirmingham, ALLongevity Center Chair, innovation Fund and Symposium$300k
BIRMINGHAM PROMISE INCBIRMINGHAM, AL2021-2025 SCHOLARSHIP SUPPORT$200k
THE UNIVERSITY OF ALABAMA - BRIDGES TO DIVERSITYTUSCALOOSA, ALBRIDGES TO DIVERSITY IN BUSINESS$200k
THE AMERICAN COLLEGEKing of Prussia, PACenter for Economic Empowerment and Equality$150k
FRIENDS OF RICKWOODBIRMINGHAM, AL2024 FIELD OF DREAMS RENOVATION FUND RENOVATION FUND$100k
WOODLAWN FOUNDATIONBirmingham, AL2020 Pledge to I3$100k
UAB - LIVE HEALTHSMARTBirmingham, AL2024 Protecting Good Communities, Live HealthSmart Alabama Implementation$80k
BIRMINGHAM BOTANICAL SOCIETY INCBIRMINGHAM, AL2024 TOSHINAN JAPANESE TEA HOUSE REPAIRS$75k
CORNERSTONE SCHOOLS OF ALABAMABIRMINGHAM, AL2024 PROGRAM EXPANSIONS AT OUR ELEMENTARY, MIDDLE, AND HIGH SCHOOLS$65k
CHILDREN'S AID SOCIETYBIRMINGHAM, ALINDEPENDENT LIVING$60k
BOY SCOUTS OF AMERICABIRMINGHAM, ALSCOUTREACH AND TRADITIONAL SCOUTING$50k
JONES VALLEY TEACHING FARMBIRMINGHAM, ALGOOD SCHOOL FOOD EDUCATION MODEL: PHILLIPS ACADEMY & PHILLIPS ACADEMY & TWILIGHT SUPPER$50k
PROSPER BIRMINGHAM - CATALYZE BIRMINGHAM CHALLENGEBirmingham, AL2023 Catalyze Birmingham Challenge$50k
RED MOUNTAIN THEATRE (RMT)Birmingham, AL2024-2025 Professional Series Sponsorship and 2024 Gala Sponsorship$50k
THE HOPE INSTITUTEBirmingham, AL2024-2025 Hope Leadership Academy in Birmingham$50k
THE NATURE CONSERVANCY IN ALABAMABirmingham, ALBirmingham Urban Freshwater Conservation$50k
VULCAN PARK AND MUSEUMBirmingham, AL2025 Vulcan Park and Museum Corporate Partnership$50k
ALABAMA SYMPHONIC ASSOCIATION INCBIRMINGHAM, AL2024 MUSIC MEETS MEDICINE, EDUCATION PROGRAMS, AND ANNUAL FUNDRAISER FOR OPERATING/EDUCATION$40k
THE MCWANE SCIENCE CENTERBirmingham, AL2024 Programming Support$40k
AMERICAN HEART ASSOCIATIONMT PLEASANT, SC2023-2025 CPR TRAINING CAMPAIGN$35k
MOMENTUMBirmingham, AL2024 PROGRAM SUPPORT$30k
THE UNIVERSITY OF ALABAMA CULVERHOUSE COLLEGETUSCALOOSA, AL2020 DAI-ICHI/PLC SUMMER INTERN PROGRAM$30k
A EDUCATION PARTNERSHIPMONTGOMERY, ALINCREASING EDUCATIONAL EQUITY FOR ALABAMA STUDENTS 2024$25k
COMMUNITY ON THE RISEBIRMINGHAM, AL2024 SUPPORT FOR WHOLE$25k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

PROTECTIVE LIFE FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.8M
$4.5M
2023
$4.3M
$3.8M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Alabama

PROTECTIVE LIFE FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Alabama earns a median of $10,858.

25th percentile
$5k
Median
$10,858
75th percentile
$33k
90th percentile
$98k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 513 organizations across 513 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Alabama
FAQ

Common questions about PROTECTIVE LIFE FOUNDATION

What are PROTECTIVE LIFE FOUNDATION's revenue and expenses?

In 2024, PROTECTIVE LIFE FOUNDATION reported $4.3M in total revenue and $3.8M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.