Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
For calendar year 2022, or tax year beginning 11-01-2022 , and ending 10-31-2023
Name of foundation
ALFA FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 11189
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MONTGOMERY, AL36111
A Employer identification number

72-1373145
B Telephone number (see instructions)

(334) 288-3900
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$26,142,137J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 325,509 325,509  
4 Dividends and interest from securities... 523,972 523,972  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -44,047
b Gross sales price for all assets on line 6a 20,684,910
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
0 -58,931  
12 Total. Add lines 1 through 11........ 805,434 790,550 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
113,000 0 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,200 2,200 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 115,200 2,200 0 0
25 Contributions, gifts, grants paid....... 1,268,550 1,268,550
26 Total expenses and disbursements. Add lines 24 and 25 1,383,750 2,200 0 1,268,550
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -578,316
b Net investment income (if negative, enter -0-) 788,350
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2022)
Form 990-PF (2022)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 41,715 25,499 25,499
2 Savings and temporary cash investments......... 5,326,730 5,405,977 5,405,977
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow   73    
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 24,383,993 Click to see attachment
List of Attached Documents:
// Content
23,852,198 		20,680,382
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
47,553 		Click to see attachment
List of Attached Documents:
// Content
30,279 		Click to see attachment
List of Attached Documents:
// Content
30,279
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 29,800,064 29,313,953 26,142,137
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
92,205
23 Total liabilities (add lines 17 through 22)......... 0 92,205
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 29,800,064 29,221,748
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 29,800,064 29,221,748
30 Total liabilities and net assets/fund balances (see instructions). 29,800,064 29,313,953
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
29,800,064
2
Enter amount from Part I, line 27a .....................
2
-578,316
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
29,221,748
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
29,221,748
Form 990-PF (2022)
Form 990-PF (2022)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a ACTIVISION BLIZZARD ORD P 1993-10-22 2023-07-19
b ADEIA ORD P 2003-11-13 2022-12-16
c ALPHABET CL C ORD P 2014-03-27 2022-12-16
d ALPHABET CL A ORD P 2004-08-19 2023-10-10
e NECESSITY RETAIL REIT CL A ORD P 2017-06-19 2023-07-03
APPLE ORD P 1980-12-12 2022-12-16
APPLE ORD P 1980-12-12 2023-02-21
BLKRK LQ:FEDFUND INSTL P    
BLACKSTONE ORD P 2007-06-22 2022-11-17
BLACKSTONE ORD P 2007-06-22 2023-02-21
CBOE GLOBAL MARKETS ORD P 2010-05-27 2023-05-09
CHARGEPOINT HOLDINGS CL A ORD P 2019-09-16 2023-10-10
CITIGROUP ORD P 1986-10-30 2022-12-16
COHERENT ORD P 1987-10-02 2023-06-21
CROWDSTRIKE HOLDINGS CL A ORD P 2019-06-12 2023-02-21
DIGITAL REALTY REIT ORD P 2004-10-29 2023-10-13
DRAFTKINGS CL A ORD P 2019-07-03 2022-12-16
EASTERLY GOVERNMENT PROPERTIES ORD P 2015-02-06 2023-05-23
FEDEX ORD P 1978-12-28 2023-09-20
FEDEX ORD P 1978-12-28 2023-10-10
FIRST AMER:TRS OBG Z P    
FISKER CL A ORD P 2018-10-01 2023-10-10
GENERAL MOTORS ORD P 2010-08-20 2022-12-16
GOLDMAN SACHS GROUP ORD P 1999-05-04 2023-07-03
INVESCO S&P500 LOWVL P 2011-05-05 2023-10-10
KKR AND CO ORD P 2010-07-15 2023-02-21
KALEYRA ORD P 2018-01-17 2023-10-05
LIVERAMP HOLDINGS ORD P 1983-12-14 2022-12-16
LOWE'S COMPANIES ORD P 1979-12-19 2022-11-15
LOWE'S COMPANIES ORD P 1979-12-19 2022-11-30
MARVELL TECHNOLOGY ORD P 2000-06-27 2023-02-21
MERCADOLIBRE ORD P 2007-08-10 2023-08-25
MICROSOFT ORD P 1986-01-03 2023-02-21
MIDDLEBY ORD P 1968-01-16 2023-02-21
NVIDIA ORD P 1999-01-22 2022-11-21
OVERSTOCK COM ORD P 2002-05-30 2022-12-16
PENN ENTERTAINMENT ORD P 1994-05-26 2023-08-25
SAFEHOLD ORD P 2017-06-22 2022-12-13
SAFEHOLD ORD WI P 2023-03-29 2023-05-23
CHARLES SCHWAB ORD P 1987-09-22 2023-07-03
SHOPIFY CL A SUB VTG ORD P 2015-05-21 2022-12-16
STAR HOLDINGS ORD P 2023-03-24 2023-04-11
STAR HOLDINGS ORD P 2023-03-24 2023-07-03
SYSCO ORD P 1981-01-20 2023-07-11
TRAPEZA CDO VII, LTD. P 2005-01-01 2023-08-29
TWILIO CL A ORD P 2016-06-23 2023-06-26
UBER TECHNOLOGIES ORD P 2019-05-10 2023-08-25
WESTROCK ORD P 2015-06-24 2022-12-16
XPERI ORD P 2022-09-20 2022-12-16
MEDTRONIC ORD P 1977-11-21 2023-05-23
APTIV ORD P 2011-07-05 2023-01-17
ZENVIA CL A ORD P 2021-07-22 2023-05-22
FLOWTHROUGH FROM PARTNERSHIP P    
ROCKLEY PHOTONICS HOLDINGS ORD - WORTHLESS P 2019-09-03 2023-03-28
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 367,439   303,582 63,857
b 667,780   402,415 265,365
c 1,641,536   963,227 678,309
d 980,203   548,945 431,258
e 59,915   77,062 -17,147
359,037   358,856 181
120,520   114,542 5,978
220,672   220,672 0
511,156   319,645 191,511
370,631   378,687 -8,056
391,303   354,784 36,519
    217,613 -217,613
35,397   63,299 -27,902
1,504,297   1,158,447 345,850
474,154   311,396 162,758
139,885   128,297 11,588
    178,726 -178,726
88,028   138,750 -50,722
455,550   408,896 46,654
87,844   77,443 10,401
5,639,644   5,639,644 0
    137,327 -137,327
434,990   423,781 11,209
153,184   117,994 35,190
972,300   1,065,129 -92,829
520,815   474,344 46,471
    970,562 -970,562
4,125   176,598 -172,473
294,201   176,752 117,449
308,239   183,804 124,435
368,642   340,578 28,064
98,338   102,724 -4,386
143,282   143,841 -559
374,900   358,431 16,469
400,338   328,857 71,481
    240,834 -240,834
    125,039 -125,039
11   7 4
31   21 10
229,532   235,083 -5,551
63,954   144,665 -80,711
1   16 -15
    20,097 -20,097
240,726   240,712 14
4,546   415,478 -410,932
702,993   431,279 271,714
87,550   63,110 24,440
130,987   271,203 -140,216
    219,384 -219,384
155,612   175,571 -19,959
646,122   554,058 92,064
    43,595 -43,595
234,500     234,500
    359,587 -359,587
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       63,857
b       265,365
c       678,309
d       431,258
e       -17,147
      181
      5,978
      0
      191,511
      -8,056
      36,519
      -217,613
      -27,902
      345,850
      162,758
      11,588
      -178,726
      -50,722
      46,654
      10,401
      0
      -137,327
      11,209
      35,190
      -92,829
      46,471
      -970,562
      -172,473
      117,449
      124,435
      28,064
      -4,386
      -559
      16,469
      71,481
      -240,834
      -125,039
      4
      10
      -5,551
      -80,711
      -15
      -20,097
      14
      -410,932
      271,714
      24,440
      -140,216
      -219,384
      -19,959
      92,064
      -43,595
      234,500
      -359,587
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -220,479
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 -4,986
Form 990-PF (2022)
Form 990-PF (2022)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 10,958
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 10,958
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 10,958
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 35,518
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 35,518
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 24,560
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow24,560 Refundedright arrow 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowAL
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2022 or the taxable year beginning in 2022? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
Form 990-PF (2022)
Form 990-PF (2022)
Page 5
Part VI-A
Statements Regarding Activities (continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowJEFFREY NICKLES Telephone no.right arrow (334) 288-3900

Located atright arrow2108 EAST SOUTH BLVDMONTGOMERYAL ZIP+4right arrow36116
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2022, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2022? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2022 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2022.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
Yes
 
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
JAMES L PARNELL PRESIDENT
1.00 		0 0 0
2108 EAST SOUTH BLVD
MONTGOMERY,AL36116
JOHN D HEMMINGS JR TREASURER
1.00 		0 0 0
2108 EAST SOUTH BLVD
MONTGOMERY,AL36116
ANGELA L BRADWELL SECRETARY
1.00 		0 0 0
2108 EAST SOUTH BLVD
MONTGOMERY,AL36116
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2022)
Form 990-PF (2022)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2022)
Form 990-PF (2022)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
21,358,546
b
Average of monthly cash balances.......................
1b
5,684,985
c
Fair market value of all other assets (see instructions)................
1c
57,444
d
Total (add lines 1a, b, and c).........................
1d
27,100,975
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
27,100,975
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
406,515
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
26,694,460
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,334,723
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,334,723
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
10,958
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
45,802
c
Add lines 2a and 2b............................
2c
56,760
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,277,963
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,277,963
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,277,963
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
1,268,550
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,268,550
Form 990-PF (2022)
Form 990-PF (2022)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2021 		(c)
2021 		(d)
2022
1 Distributable amount for 2022 from Part X, line 7 1,277,963
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 0
b Total for prior years:20, 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2017......  
b From 2018......  
c From 2019...... 3,033
d From 2020......  
e From 2021......  
f Total of lines 3a through e ........ 3,033
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 1,268,550
a Applied to 2021, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2022 distributable amount..... 1,268,550
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2022. 3,033 3,033
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 .......... 		6,380
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2017 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2018....  
b Excess from 2019....  
c Excess from 2020....  
d Excess from 2021....  
e Excess from 2022....  
Form 990-PF (2022)
Form 990-PF (2022)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2022, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2022 (b) 2021 (c) 2020 (d) 2019
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
WENDY GOLSON
2108 EAST SOUTH BLVD
MONTGOMERY,AL36116
(334) 288-3900
WGOLSON@ALFAFARMERS.ORG
bThe form in which applications should be submitted and information and materials they should include:
DURING THE FISCAL YEAR, THE ALFA FOUNDATION MAINTAINED A SCHOLARSHIP PROGRAM UNDER WHICH IT WILL ANNUALLY AWARD 100 SCHOLARSHIPS OF $1,000 EACH. TO APPLY, ONE MUST BE A MEMBER OF THE ALABAMA FARMER'S FEDERATION (AN AFFILIATE OF THE FOUNDATION'S SPONSORING ORGANIZATION, ALFA MUTUAL INSURANCE COMPANY) AND BE ENROLLED (OR ABOUT TO BE ENROLLED) AS A STUDENT IN AN ALABAMA POST-SECONDARY INSTITUTION. EMPLOYEES OF THE SPONSORING ORGANIZATION AND THEIR CHILDREN ARE ELIGIBLE, SUBJECT TO ALL IRS REGULATIONS. FORM 8940, REQUEST FOR MISCELLANEOUS DETERMINATION, WAS SUBMITTED TO THE IRS AND APPROVAL OF THE PROGRAM WAS OBTAINED IN JANUARY 2015.
cAny submission deadlines:
NO SPECIFIC REQUIREMENTS
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NON-PROFIT 501(C) ORGANIZATIONS, NOT PRIVATE FOUNDATIONS
Form 990-PF (2022)
Form 990-PF (2022)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

AGAPE OF CENTRAL ALABAMA

PO BOX 230472
MONTGOMERY,AL36123 		    PUBLIC CHARITY 1,000

AGR EDUCATIONAL FOUNDATION

PO BOX 11000
MONTGOMERY,AL36191 		    PUBLIC CHARITY 25,000

ALABAMA 4-H FOUNDATION INC

227 DUNCAN DR
AUBURN UNIVERSITY,AL36849 		    PUBLIC CHARITY 50,000

ALABAMA AUTISM ASSISTANCE PROGRAM

300 SHADOW WOOD PK STE 100
BIRMINGHAM,AL35244 		    PUBLIC CHARITY 25,000

ALABAMA BASEBALL COACHES ASSOCIATION

PO BOX 3881
MONTGOMERY,AL36109 		    PUBLIC CHARITY 1,500

ALABAMA FARMERS AGRICULTURE FOUNDATION

PO BOX 11000
MONTGOMERY,AL36191 		    PUBLIC CHARITY 152,000

ALABAMA INDEPENDENT SCHOOL ASSOCIATION

1763 TALIAFERRO TRL
MONTOGMERY,AL36117 		    PUBLIC CHARITY 1,000

ALABAMA INSTITUTE FOR THE DEAF & BLIND

PO BOX 698
TALLADEGA,AL35161 		    PUBLIC CHARITY 25,000

ALABAMA KIDNEY FOUNDATION

PO BOX 240294
MONTGOMERY,AL36124 		    PUBLIC CHARITY 1,000

ALABAMA PALS

340 N HULL ST
MONTGOMERY,AL36104 		    PUBLIC CHARITY 10,000

ALABAMA SHAKESPEARE FESTIVAL INC

ONE FESTIVAL DR
MONTGOMERY,AL36117 		    PUBLIC CHARITY 75,000

ALABAMA SHERIFFS ASSOCIATION FOUNDATION

514 WASHINGTON AVE
MONTGOMERY,AL36104 		    PUBLIC CHARITY 5,000

ALABAMA SHERIFFS YOUTH RANCHES

2680 BELL ROAD
MONTGOMERY,AL36117 		    PUBLIC CHARITY 2,000

ALABAMA STOCK DOG ASSOCIATION

2054 EVERETT RD
RAINSVILLE,AL35986 		    PUBLIC CHARITY 1,500

ALZHEIMERS ASSOCIATION

2151 HIGHLAND AVE S STE 210
BIRMINGHAM,AL35205 		    PUBLIC CHARITY 1,000

AMERICAN CANCER SOCIETY

3054 MCGEHEE RD
MONTGOMERY,AL36111 		    PUBLIC CHARITY 7,500

AMERICAN HEART ASSOCIATION

1449 MEDICAL PARK DR
BIRMINGHAM,AL35213 		    PUBLIC CHARITY 10,000

AMERICAN RED CROSS

5015 WOODS CROSSING
MONTGOMERY,AL36117 		    PUBLIC CHARITY 10,000

ANNA BELL'S ATTIC MINISTRIES

PO BOX 251
BREWTON,AL36427 		    PUBLIC CHARITY 500

ATHENS MAIN STREET ALABAMA

107 N JEFFERSON ST
ATHENS,AL35611 		    PUBLIC CHARITY 10,000

AUBURN UNIVERSITY FOUNDATION

317 S COLLEGE ST
AUBURN,AL36849 		    PUBLIC CHARITY 25,000

BABY STEPS AT AUBURN UNIVERSITY

PO BOX 713
AUBURN,AL36831 		    PUBLIC CHARITY 2,500

BAPTIST HEALTH CARE FOUNDATION OF MONTGOMERY

PO BOX 241647
MONTGOMERY,AL36124 		    PUBLIC CHARITY 1,500

BIG OAK RANCH INC

250 JAKE MINTZ RD
GADSDEN,AL35905 		    PUBLIC CHARITY 2,500

BOY SCOUTS OF AMERICA-GREATER ALABMA COUNCIL

PO BOX 43307
BIRMINGHAM,AL35243 		    PUBLIC CHARITY 5,000

BOY SCOUTS OF AMERICA-TUKABATCHEE AREA COUNCIL

3067 CARTER HILL RD
MONTGOMERY,AL36111 		    PUBLIC CHARITY 500

BUSINESS EDUCATION ALLIANCE

PO BOX 38
MONTGOMERY,AL36101 		    PUBLIC CHARITY 37,500

BUTTERFLY BRIDGE

PO BOX 588
CLANTON,AL35046 		    PUBLIC CHARITY 7,500

CAEC LINEMAN SCHOLARSHIP FUND

103 JESSE SAMUEL HUNT BLVD
PRATTVILLE,AL36066 		    PUBLIC CHARITY 250

CAMP SMILE-A-MILE

1600 2ND AVE SOUTH
BIRMINGHAM,AL35233 		    PUBLIC CHARITY 5,000

CHILD PROTECT

933 S PERRY ST
MONTGOMERY,AL36104 		    PUBLIC CHARITY 2,500

CHILDREN'S CENTER OF MONTGOMERY INC

PO BOX 3098
MONTGOMERY,AL36109 		    PUBLIC CHARITY 1,000

CHILDREN'S HARBOR

434 CHILDRENS HARBOR DR
ECLECTIC,AL36024 		    PUBLIC CHARITY 10,000

CHILTON BAPTIST ASSOCIATION

1108 4TH AVE N
CLANTON,AL35045 		    PUBLIC CHARITY 2,500

CJ3 FOUNDATION

19309 WINMEADESTE CJ3
LEESBURG,VA20176 		    PUBLIC CHARITY 2,500

DOTHAN HOUSTON COUNTY LIBRARY SYSTEM

PO BOX 1369
DOTHAN,AL36302 		    PUBLIC CHARITY 25,000

EASTER SEALS

2185 NORMANDIE RD
MONTGOMERY,AL36116 		    PUBLIC CHARITY 5,000

FAMILY GUIDANCE CENTER

2358 FAIRLANE DR
MONTGOMERY,AL36116 		    PUBLIC CHARITY 1,000

FAMILY SUNSHINE CENTER

PO BOX 5160
MONTGOMERY,AL36103 		    PUBLIC CHARITY 5,000

FELLOWSHIP OF CHRISTIAN ATHLETES

PO BOX 230685
MONTGOMERY,AL36123 		    PUBLIC CHARITY 1,000

FIRST CHOICE WOMEN'S MEDICAL CENTER (SAV-A-LIFE)

PO BOX 241664
MONTGOMERY,AL36124 		    PUBLIC CHARITY 1,000

FRIENDS OF THE COURT INC

5184 CALDWELL MILL RD STE 204-171
BIRMINGHAM,AL35244 		    PUBLIC CHARITY 3,000

HOPE INSPIRED MINISTRIES

145 COLISEUM BLVD
MONTGOMERY,AL36109 		    PUBLIC CHARITY 3,500

HOPE INSTITUTE

PO BOX 530491
BIRMINGHAM,AL35253 		    PUBLIC CHARITY 25,000

HUDSON-ALPHA

601 GENOME WAY
HUNTSVILLE,AL35806 		    PUBLIC CHARITY 50,000

HUNTINGDON COLLEGE

1500 E FAIRVIEW AVE
MONTGOMERY,AL36106 		    PUBLIC CHARITY 500

ISABEL ANDERSON COMER MUSEUM AND ARTS CENTER ICC

PO BOX 245
SYLACAUGA,AL35150 		    PUBLIC CHARITY 1,000

JACKSON HOSPITAL FOUNDATION

1725 PINE ST
MONTGOMERY,AL36106 		    PUBLIC CHARITY 2,500

JACKSONVILLE STATE UNIVERSITY FOUNDATION

700 PELHAM RD N
JACKSONVILLE,AL36265 		    PUBLIC CHARITY 15,000

JEEP SULLIVANS OUTDOOR ADVENTURES INC

1460 BOSWELL RD
BONIFAY,FL32425 		    PUBLIC CHARITY 500

JEFFERSON STATE COMMUNITY COLLEGE

PO BOX 94956
BIRMINGHAM,AL35220 		    PUBLIC CHARITY 50,000

JEREMIAH CASTILLE FOUNDATION

PO BOX 382514
BIRMINGHAM,AL35238 		    PUBLIC CHARITY 2,500

JESSE OWENS RUNNERS CLUB INC

13200 COURT ST
MOULTON,AL35650 		    PUBLIC CHARITY 1,000

JIMMY RANE FOUNDATION

PO BOX 40
ABBEVILLE,AL36310 		    PUBLIC CHARITY 5,000

JONES VALLEY TEACHING FARM

701 25TH ST N
BIRMINGHAM,AL35203 		    PUBLIC CHARITY 5,000

JOY TO LIFE FOUNDATION

2350 FAIRLANE DR STE 130
MONTGOMERY,AL36116 		    PUBLIC CHARITY 2,500

JUNIOR LEAGUE OF MONTGOMERY INC

3570 CARTER HILL RD
MONTGOMERY,AL36111 		    PUBLIC CHARITY 1,000

KALEIDOSCOPE

212 3RD AVE N STE 318
MINNEAPOLIS,MN55401 		    PUBLIC CHARITY 118,500

KID'S TO LOVE FOUNDATION

140 CASTLE DR
MADISON,AL35758 		    PUBLIC CHARITY 25,000

LAUNCH

PO BOX 903
CHATTANOOGA,TN37401 		    PUBLIC CHARITY 1,000

LEADERSHIP ALABAMA

PO BOX 131394
BIRMINGHAM,AL35213 		    PUBLIC CHARITY 3,500

LIBERTY LEARNING FOUNDATION

3414 GOVERNORS DR STE 215
HUNTSVILLE,AL35805 		    PUBLIC CHARITY 35,000

LIFE ON WHEELS

PO BOX 240218
MONTGOMERY,AL36124 		    PUBLIC CHARITY 5,000

LUTZIE 43 FOUNDATION

2840 LANDING WAY
MARIETTA,GA30066 		    PUBLIC CHARITY 2,500

MAIN STREET ALABAMA

880 MONTCLAIR RD STE 245
BIRMINGHAM,AL35213 		    PUBLIC CHARITY 7,500

MAKE-A-WISH FOUNDATION OF ALABAMA INC

400 VESTAVIA PKWY STE 402
VESTAVIA HILLS,AL35216 		    PUBLIC CHARITY 2,500

MARCH OF DIMES

2751 LEGENDS PKWY STE 315
PRATTVILLE,AL36066 		    PUBLIC CHARITY 5,000

MARION MILITARY INSTITUTE

1101 WASHINGTON ST
MARION,AL36756 		    PUBLIC CHARITY 1,000

MERCY HOUSE INC

2412 COUNCIL ST
MONTGOMERY,AL36108 		    PUBLIC CHARITY 20,000

MONTGOMERY AREA COUNCIL ON AGING (MACOA)

115 EAST JEFFERSON ST
MONTGOMERY,AL36104 		    PUBLIC CHARITY 2,300

MONTGOMERY CANCER WELLNESS FOUDNATION

4145 CARMICHAEL RD
MONTGOMERY,AL36106 		    PUBLIC CHARITY 2,500

MONTGOMERY ZOOLOGICAL SOCIETY

2301 COLISEUM PKWY
MONTGOMERY,AL36110 		    PUBLIC CHARITY 5,000

MUSEUM OF THE BIBLE

400 4TH ST SW
WASHINGTON,DC20024 		    PUBLIC CHARITY 10,000

PARCA

PO BOX 293931
BIRMINGHAM,AL35229 		    PUBLIC CHARITY 1,000

RAINBOW OMEGA INC

100 HOPE DRIVE
EASTABOGA,AL36260 		    PUBLIC CHARITY 2,500

RIVER REGION IRON WORKS MINISTRY

100 HILLABEE CT
MONTGOMERY,AL36117 		    PUBLIC CHARITY 5,000

RIVER REGION UNITED WAY

PO BOX 868
MONTGOMERY,AL36101 		    PUBLIC CHARITY 160,000

ROOFTOP FRIENDS

1613 FREDERICK RD
OPELIKA,AL36801 		    PUBLIC CHARITY 2,500

SAMARITAN COUNSELING CENTER INC

2911 ZELDA RD
MONTGOMERY,AL36106 		    PUBLIC CHARITY 2,500

SAMFORD UNIVERSITY

800 LAKESHORE DR
BIRMINGHAM,AL35209 		    PUBLIC CHARITY 27,500

SCHMIDT FAMILY PARK FOUNDATION INC

1356 A REPOLL RD
MOBILE,AL36695 		    PUBLIC CHARITY 2,500

SOCIETY OF ST ANDREW

513 COLUMBIANA RD
HOMEWOOD,AL35209 		    PUBLIC CHARITY 10,000

SPIRITHORSE THERAPUTIC RIDING CENTER -MERCY SEAT

1962 SUNCREST DR
PRATTVILLE,AL36067 		    PUBLIC CHARITY 2,500

ST MICHAELS MEDICAL CLINIC

1005 W 18TH ST
ANNISTON,AL36201 		    PUBLIC CHARITY 25,000

STORYBOOK FARM INC

300 CUSSETA
OPELIKA,AL36801 		    PUBLIC CHARITY 2,500

TASTE OF THE SOUTH

PO BOX 2826
WASHINGTON,DC20013 		    PUBLIC CHARITY 500

THE GOODE FOUNDATION

1428 EGRET LN
BIRMINGHAM,AL35214 		    PUBLIC CHARITY 2,000

THE GROVE MGM

332 WINTHROP CT
MONTGOMERY,AL36104 		    PUBLIC CHARITY 1,000

TROY UNIVERSITY FOUNDATION

BIBB GRAVES HALL
TROY,AL36082 		    PUBLIC CHARITY 25,000

UNIVERSITY OF ALABAMA

206 CARMICHAEL BOX 870231
TUSCALOOSA,AL35487 		    PUBLIC CHARITY 10,000

UNIVERSITY OF ALABAMA INSURANCE & RISK MANAGEMENT EDUCATION FOUNDATION

213 RICHARD ARRINGTON JR BLVD
BIRMINGHAM,AL35233 		    PUBLIC CHARITY 5,000

UNIVERSITY OF WEST ALABAMA FOUNDATION

STATION 47
LIVINGSTON,AL35470 		    PUBLIC CHARITY 2,500

WIREGRASS ELECTRIC COOPERATIVE CHARITABLE FOUNDATION INC

509 N ST HWY 167
HARTFORD,AL36344 		    PUBLIC CHARITY 1,000

WOMEN IN TOUCH

PO BOX 4192
MONTGOMERY,AL36103 		    PUBLIC CHARITY 2,000

YMCA OF MONTGOMERY

PO BOX 2336
MONTGOMERY,AL36102 		    PUBLIC CHARITY 4,000
Total .................................right arrow 3a 1,268,550
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2022)
Form 990-PF (2022)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 325,509  
4 Dividends and interest from securities ....     14 523,972  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 -454,979 0
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 394,502 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
394,502
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2022)
Form 990-PF (2022)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2022)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2022 InvestmentsCorpStockSchedule
Name:
ALFA FOUNDATION
EIN:
72-1373145
Name of Stock End of Year Book Value End of Year Fair Market Value
INVESTMENTS - CORPORATE STOCK 23,852,198 20,680,382

TY 2022 OtherAssetsSchedule
Name:
ALFA FOUNDATION
EIN:
72-1373145
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ACCRUED INVESTMENT INCOME 47,553 30,279 30,279


TY 2022 OtherExpensesSchedule
Name:
ALFA FOUNDATION
EIN:
72-1373145
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK CHARGES 2,100 2,100 0 0
LICENSES & FEES 100 100 0 0


TY 2022 OtherIncomeSchedule2
Name:
ALFA FOUNDATION
EIN:
72-1373145
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PARTNERSHIP INTEREST ON SAVINGS AND TEMPORARY CASH INVESTMENTS 0 16,244 0
PARTNERSHIP DIVIDENDS AND INTEREST FROM SECURITIES 0 -46,829 0
PARTNERSHIP OTHER NET INVESTMENT INCOME 0 -28,346 0


TY 2022 OtherLiabilitiesSchedule
Name:
ALFA FOUNDATION
EIN:
72-1373145
Description Beginning of Year - Book Value End of Year - Book Value
DUE TO BROKERS 0 92,205


TY 2022 TaxesSchedule
Name:
ALFA FOUNDATION
EIN:
72-1373145
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INCOME TAX EXPENSES 113,000 0 0 0