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Prosper Foundation

EIN: 87-1572206 • Birmingham, AL
Total Assets
$6M
Foundation endowment scale
Annual Giving
$616K
Annual capital distribution
Typical Grant
$100,000
Most grants: $83K – $175K
Application Status
Accepts New Applicants
Rolling review

About Prosper Foundation Grantmaking

Prosper Foundation is an institutional grantmaking foundation headquartered in Birmingham, AL (EIN: 87-1572206). According to verified IRS Form 990-PF filings, the foundation maintains $6M in total assets and distributed $616K across 5 grants. Its typical award size is $100,000, with the middle 50% of awards falling between $83K and $175K. Its primary funding focus includes Education & Literacy (54%), Voluntary Health (30%), Human Services & Relief (16%), with the highest concentration of grants awarded in AL (100%).

Top Funded Causes% Capital
Education & Literacy54%
$333K deployed3 awards
Voluntary Health30%
$184K deployed1 awards
Human Services & Relief16%
$100K deployed1 awards
Top Recipient States% Dollars
AL State Recipients100%
$616K funded5 grants
Grant Size DistributionAward Scale
Major Grants ($100K+)60%
3 large institutional grants
Mid-Sized ($25K–$100K)40%
2 standard program grants
Micro & Small (<$25K)0%
0 grassroots micro-awards
Application Guidelines & DeadlinesPublic Filing Data
Application Policy
Accepts Unsolicited Proposals
Submission Deadlines

Rolling review

Geographic Focus & Restrictions

AL statewide and regional focus

Program Officer & Direct Contacts

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Recent Grant AwardsShowing 5 of 5 verified awards
Recipient OrganizationLocationTax YearAward AmountGrant Purpose
United AbilityBirmingham, AL2024$183,633To create educational experiences that bridge the gap between learning and work through corporate and community partnerships
Stream InnovationsBirmingham, AL2024$175,000To create educational experiences that bridge the gap between learning and work through corporate and community partnerships
Oak Tree MinistriesBirmingham, AL2024$100,000To create educational experiences that bridge the gap between learning and work through corporate and community partnerships
Spring Valley SchoolBirmingham, AL2024$82,500To create educational experiences that bridge the gap between learning and work through corporate and community partnerships
Mechanical Craft Training InstituteBirmingham, AL2024$75,000To create educational experiences that bridge the gap between learning and work through corporate and community partnerships

Frequently Asked Questions about Prosper Foundation

Does Prosper Foundation accept unsolicited grant proposals?

Yes, Prosper Foundation accepts unsolicited grant proposals. Submission review cycle: Rolling review.

What is the typical grant size from Prosper Foundation?

The median grant size from Prosper Foundation is $100,000, with the middle 50% of awards ranging between $83K and $175K.

What causes does Prosper Foundation fund?

Over recent Form 990-PF filings, Prosper Foundation's primary funding areas have been Education & Literacy, Voluntary Health, Human Services & Relief.

How do I contact Prosper Foundation about a grant?

Prosper Foundation is headquartered in Birmingham, AL. Verified NPO Grant subscribers can access direct program officer telephone extensions, primary office numbers, and detailed submission guidelines.