TY 2023 Form 990

- TIN:

SCHEDULE A
(Form 990)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
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Attach to Form 990 or Form 990-EZ.
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Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public
Inspection

Name of the organization

Walker Area Community Foundation Inc

Employer identification number

63-1154984

Part I

Reason for Public Charity Status (All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)

A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990).)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An agricultural research organization described in 170(b)(1)(A)(ix) operated in conjunction with a land-grant college or university or a non-land grant college of agriculture. See instructions. Enter the name, city, and state of the college or university:

An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box on lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g.

Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.

Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.

Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.

Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.

Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.

Enter the number of supported organizations ...............................

Provide the following information about the supported organization(s).

(i) Name of supported organization	(ii) EIN	(iv) Is the organization listed in your governing document?		(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(i) Name of supported organization	(ii) EIN	Yes	No	(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)


Total

For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.

Cat. No. 11285F

Schedule A (Form 990) 2023

Page 2

Part II

Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization failed to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2019	(b) 2020	(c) 2021	(d) 2022	(e) 2023	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") ..	403,340	7,891,378	5,544,506	33,665,196	6,659,942	54,164,362
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf ....
3	The value of services or facilities furnished by a governmental unit to the organization without charge..
4	Total. Add lines 1 through 3	403,340	7,891,378	5,544,506	33,665,196	6,659,942	54,164,362
5	The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) ..						37,352,400
6	Public support. Subtract line 5 from line 4.						16,811,962

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2019	(b) 2020	(c) 2021	(d) 2022	(e) 2023	(f) Total
7	Amounts from line 4..	403,340	7,891,378	5,544,506	33,665,196	6,659,942	54,164,362
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...	1,585,017	1,469,207	1,361,906	2,081,004	2,501,725	8,998,859
9	Net income from unrelated business activities, whether or not the business is regularly carried on..
10	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..	9,150	2,884	6,134	5,758	5,364	29,290
11	Total support. Add lines 7 through 10						63,192,511

Gross receipts from related activities, etc. (see instructions) ..................

First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here ........................................ right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2023 (line 6, column (f) divided by line 11, column (f)) .........

26.600 %

Public support percentage for 2022 Schedule A, Part II, line 14 ...............

14.000 %

16a

33 1/3% support test—2023. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ....................... right arrow

33 1/3% support test—2022. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2023. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow

10%-facts-and-circumstances test—2022. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow

Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow

Schedule A (Form 990) 2023

Page 3

Part III

Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2019	(b) 2020	(c) 2021	(d) 2022	(e) 2023	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2	Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose
3	Gross receipts from activities that are not an unrelated trade or business under section 513 .....
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5	The value of services or facilities furnished by a governmental unit to the organization without charge
6	Total. Add lines 1 through 5
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c	Add lines 7a and 7b..
8	Public support. (Subtract line 7c from line 6.)

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2019	(b) 2020	(c) 2021	(d) 2022	(e) 2023	(f) Total
9	Amounts from line 6...
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c	Add lines 10a and 10b.
11	Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on.
12	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..
13	Total support. (Add lines 9, 10c, 11, and 12.)..

First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here................................................. right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2023 (line 8, column (f) divided by line 13, column (f)) .........

Public support percentage from 2022 Schedule A, Part III, line 15 ...............

Section D. Computation of Investment Income Percentage

Investment income percentage for 2023 (line 10c, column (f) divided by line 13, column (f)) ......

Investment income percentage from 2022 Schedule A, Part III, line 17 .............

19a

33 1/3% support tests-2023. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow

33 1/3 % support tests—2022. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ..... right arrow

Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow

Schedule A (Form 990) 2023

Page 4

Part IV

Supporting Organizations

(Complete only if you checked a box on line 12 of Part I. If you checked box 12a, of Part I, complete Sections A and B. If you checked box 12b, of Part I, complete Sections A and C. If you checked box 12c, of Part I, complete Sections A, D, and E. If you checked box12d, of Part I, complete Sections A and D, and complete Part V.)

Section A. All Supporting Organizations

Yes

Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.

Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).

Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer lines 3b and 3c below.

Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.

Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.

Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked box 12a or 12b in Part I, answer lines 4b and 4c below.

Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.

Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.

Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer lines 5b and 5c below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).

Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?

Substitutions only. Was the substitution the result of an event beyond the organization's control?

Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.

Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .

Did the organization make a loan to a disqualified person (as defined in section 4958) not described on line 7? If “Yes,” complete Part I of Schedule L (Form 990).

Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons, as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.

Did one or more disqualified persons (as defined on line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.

Did a disqualified person (as defined on line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.

10a

Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.

10a

Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).

10b

Schedule A (Form 990) 2023

Page 5

Part IV

Supporting Organizations (continued)

Yes

Has the organization accepted a gift or contribution from any of the following persons?

A person who directly or indirectly controls, either alone or together with persons described on lines 11b and 11c below, the governing body of a supported organization?

11a

A family member of a person described on 11a above?

11b

A 35% controlled entity of a person described on line 11a or 11b above? If “Yes” to 11a, 11b, or 11c, provide detail in Part VI.

11c

Section B. Type I Supporting Organizations

Yes

Did the officers, directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.

Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.

Section C. Type II Supporting Organizations

Yes

Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).

Section D. All Type III Supporting Organizations

Yes

Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?

Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).

By reason of the relationship described in line 2 above, did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.

Section E. Type III Functionally-Integrated Supporting Organizations

Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):

The organization satisfied the Activities Test. Complete line 2 below.

The organization is the parent of each of its supported organizations. Complete line 3 below.

The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions)

Activities Test. Answer lines 2a and 2b below.

Yes

Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.

Did the activities described on line 2a, above constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.

Parent of Supported Organizations. Answer lines 3a and 3b below.

Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations?If "Yes" or "No", provide details in Part VI.

Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.

Schedule A (Form 990) 2023

Page 6

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 (explain in Part VI). See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.

	Section A - Adjusted Net Income		(A) Prior Year	(B) Current Year (optional)
1	Net short-term capital gain	1
2	Recoveries of prior-year distributions	2
3	Other gross income (see instructions)	3
4	Add lines 1 through 3	4
5	Depreciation and depletion	5
6	Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions)	6
7	Other expenses (see instructions)	7
8	Adjusted Net Income (subtract lines 5, 6 and 7 from line 4)	8

	Section B - Minimum Asset Amount		(A) Prior Year	(B) Current Year (optional)
1	Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year):	1
a	Average monthly value of securities	1a
b	Average monthly cash balances	1b
c	Fair market value of other non-exempt-use assets	1c
d	Total (add lines 1a, 1b, and 1c)	1d
e	Discount claimed for blockage or other factors (explain in detail in Part VI):
2	Acquisition indebtedness applicable to non-exempt use assets	2
3	Subtract line 2 from line 1d	3
4	Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions).	4
5	Net value of non-exempt-use assets (subtract line 4 from line 3)	5
6	Multiply line 5 by 0.035	6
7	Recoveries of prior-year distributions	7
8	Minimum Asset Amount (add line 7 to line 6)	8

	Section C - Distributable Amount		Current Year
1	Adjusted net income for prior year (from Section A, line 8, Column A)	1
2	Enter 85% of line 1	2
3	Minimum asset amount for prior year (from Section B, line 8, Column A)	3
4	Enter greater of line 2 or line 3	4
5	Income tax imposed in prior year	5
6	Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions)	6

Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)

Schedule A (Form 990) 2023

Page 7

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)

Section D - Distributions		Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes	1
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity	2
3 Administrative expenses paid to accomplish exempt purposes of supported organizations	3
4 Amounts paid to acquire exempt-use assets	4
5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI)	5
6 Other distributions (describe in Part VI). See instructions	6
7Total annual distributions. Add lines 1 through 6.	7
8 Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions	8
9 Distributable amount for 2023 from Section C, line 6	9
10 Line 8 amount divided by Line 9 amount	10

Section E - Distribution Allocations (see instructions)		(i) Excess Distributions	(ii) Underdistributions Pre-2023	(iii) Distributable Amount for 2023
1 Distributable amount for 2023 from Section C, line 6
2 Underdistributions, if any, for years prior to 2023 (reasonable cause required-- explain in Part VI). See instructions.
3 Excess distributions carryover, if any, to 2023:
a From 2018.......
b From 2019.......
c From 2020.......
d From 2021.......
e From 2022.......
fTotal of lines 3a through e
g Applied to underdistributions of prior years
h Applied to 2023 distributable amount
i Carryover from 2018 not applied (see instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.
4Distributions for 2023 from Section D, line 7:
$
a Applied to underdistributions of prior years
b Applied to 2023 distributable amount
c Remainder. Subtract lines 4a and 4b from line 4.
5 Remaining underdistributions for years prior to 2023, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions.
6 Remaining underdistributions for 2023. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions.
7 Excess distributions carryover to 2024. Add lines 3j and 4c.
8 Breakdown of line 7:
a Excess from 2019.....
b Excess from 2020.....
c Excess from 2021.....
d Excess from 2022.....
e Excess from 2023.....

Schedule A (Form 990) (2023)

Schedule A (Form 990) 2023

Page 8

Part VI

Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test
What facts show that we are consistently seeking new and additional public and governmental support. - The Walker Area Community Foundation (WACF) VP of Marketing and Donor Development is tasked with securing donations from the general population by hosting an Annual Luncheon in which more than 450 people join to hear about the work of the Foundation. Five to ten smaller events are held throughout the year to increase philanthropy in Jasper and in Birmingham. Quarterly newsletters are mailed to more than 5,000 people and include a section where donors are recognized for their memorial and honorarium gifts; a gift remittance envelope is included in each newsletter. The Foundation Facebook page encourages donations from the general population for specific projects as well as for general Foundation grantmaking. This year, we started The Collective which incorporates over 200 young professionals in our community to teach them about the Foundation and how to become more involved in philanthropic efforts throughout our area. The Foundation also gathered local mayors, commissioners, and other various municipal officers throughout our community and held monthly meetings to increase synergy across our area and support continuous involvement within the community as we strive to support economic development and quality of life for all.Actual percentage of public support for 2023, and totals for the previous few years? 2020 - 12.22%; 2021 - 13.36%; 2022 - 14.00%: 2023 - 26.60%Facts that show that we have a significant number of donors? The Foundation received gifts from 337 unique donors in 2023. The breakdown is as follows: Gifts of greater than $500 - 150 gifts; Gifts $100 to $499 - 387 gifts; Gifts less than $100 - 500 gifts.Facts show how our governing body continues to represent the broad interests of the public rather than the personal and private interests of a limited number of donors The Foundation grants to a wide variety of organizations. Our numbers include 2020 Grant Activity - 180 grants to 94 organizations totaling $2,373,179; 2021 Grant Activity - 151 grants to 103 organizations totaling $3,838,641; 2022 Grant Activity - 153 grants to 87 organizations totaling $14,170,352; and 2023 Grant Activity - 446 grants to 106 organizations totaling $5,721,955. In 2023, the WACF led a nearly year-long initiative to develop a vision and plan for Walker County, which included interviewing 150 residents and surveying more than 1,200 people online. After compiling their answers, a plan was created and identified five priority areas with goal statements that guide the community's work toward achieving the plan's vision. This plan leads WACF's Board of Directors today. The five priorities we currently focus on include: Collaborative Planning for Economic Growth: Foundation will work together with community partners to build a vibrant economy that supports growth, development, and quality of life for all. Lifelong Learning & Success: Foundation will partner with education leaders to build and sustain pathways for learning and development that provide opportunities for all children and adults to succeed in work and life. Health, Wellbeing & Quality of Life: We will support a community where all individuals can grow and thrive with recreational opportunities and access to physical and mental health support. Next Generation Leadership: We will cultivate future generations of informed, engaged leaders who share a vision, knowledge, and passion for continued community growth, collaboration, and philanthropy. Foundation Growth & Stewardship: We will inspire and enable the community to achieve a bold vision for the future through research, collaboration, sustainable growth, effective grantmaking and responsible stewardship of resources. The Bankhead House & Heritage Center (BHHC) is owned and operated by the Foundation and is a place where people gather to experience a diverse range of exhibits and events. The BHHC offers a series of exhibits each year to reach all types of people and interests. There are also permanent exhibits: The Walker County Room, A Tribute to our Military, and The Tallulah Bankhead Room. The Foundation grants to our local school systems each year to provide transportation for classrooms to tour Heritage Center exhibits. Our Amphitheater serves as an arts and cultural location for our community with classes, concerts, outdoor movies, plays, storytelling, and cultural gatherings aimed toward advancing the arts and history in Walker County. Facts that show that our grants continue to be available to the public on a wide basis-It is widely known with our nonprofit organizations that WACF has two grant cycles per year with deadlines on March 1 and September 1. We are not a large community, so the WACF serves as the primary source of income for the organizations that applied in 2023. WACF's general unrestricted grantmaking fund, the Community Fund, awarded grants to 73 different organizations in 2023. A press release is sent to our local newspaper announcing the grant window and is communicated to WACF's Walker County Nonprofit Council, a 70+organization council. The Foundation put in place a new grant cycle to expedite the "$5,000 and less local grants". We have a grant review team that reviews those grants and makes funding decisions year-round. We also have a three-person team that reviews grant applications from nonprofits that focus on the Onward Grant Cycle which helps support families that need a boost to become economically stable.Facts that show that the public continues to be involved in our choices of programs to support. - In 2023, WACF utilized a 10 person Grant Review Team to interview grant applicants and make funding recommendations to our Board of Directors. These Team members represent a cross-section of Walker area individuals dedicated to asking hard questions and giving thoughtful advice to our board. They are unbiased advisors focused on the strength of the grant before them. Two of the Review Team members held Donor Advised Funds with us when they served on the team last year but were not the primary funding sources for the grants they reviewed. Youth Leadership is an annual leadership initiative for highschoolers enrolled in the eight high schools in Walker County. In 2023, more than 40 students participated in learning about philanthropy and nonprofits. Those students were tasked with grant making through the WACF Youth Leadership grant cycle. WACF pulls together community members to discuss various topics throughout the year for our Strategic plan initiatives as well as for other community problems that arise. The Nonprofit Council of Walker County, which is comprised of over 80 nonprofit organizations, helps to accomplish this as well. It is an initiative of WACF. More than 150 people have participated annually in these meetings in years past and 1,200 have participated in an online survey. The Bankhead House & Heritage Center (BHHC) is admission free and open to the public. Volunteers offered almost 900 combined hours of service to the BHHC. It is advised by a Council which is comprised of local citizens who assist in the development of the BHHC and its grounds. The last year's attendance at the BHHC was more than 1,000 individuals. The WACF is one of the anchor organizations of the Health Action Partnership for Walker County (HAP) and for the Healing Network of Walker County (THN). HAP identified funding from the Health Resources and Services Administration (HRSA) grant to support a strategic planning process. Local organizations met regularly to conduct a needs assessment, collect comprehensive data, and develop the multi-year strategic plan presented in this report. The Foundation continues to lead the way in the Healing Network that combines the efforts of 50+ organizations working to combat the Opioid epidemic facing our community.

Facts And Circumstances Test

What facts show that we are consistently seeking new and additional public and governmental support. - The Walker Area Community Foundation (WACF) VP of Marketing and Donor Development is tasked with securing donations from the general population by hosting an Annual Luncheon in which more than 450 people join to hear about the work of the Foundation. Five to ten smaller events are held throughout the year to increase philanthropy in Jasper and in Birmingham. Quarterly newsletters are mailed to more than 5,000 people and include a section where donors are recognized for their memorial and honorarium gifts; a gift remittance envelope is included in each newsletter. The Foundation Facebook page encourages donations from the general population for specific projects as well as for general Foundation grantmaking. This year, we started The Collective which incorporates over 200 young professionals in our community to teach them about the Foundation and how to become more involved in philanthropic efforts throughout our area. The Foundation also gathered local mayors, commissioners, and other various municipal officers throughout our community and held monthly meetings to increase synergy across our area and support continuous involvement within the community as we strive to support economic development and quality of life for all.Actual percentage of public support for 2023, and totals for the previous few years? 2020 - 12.22%; 2021 - 13.36%; 2022 - 14.00%: 2023 - 26.60%Facts that show that we have a significant number of donors? The Foundation received gifts from 337 unique donors in 2023. The breakdown is as follows: Gifts of greater than $500 - 150 gifts; Gifts $100 to $499 - 387 gifts; Gifts less than $100 - 500 gifts.Facts show how our governing body continues to represent the broad interests of the public rather than the personal and private interests of a limited number of donors The Foundation grants to a wide variety of organizations. Our numbers include 2020 Grant Activity - 180 grants to 94 organizations totaling $2,373,179; 2021 Grant Activity - 151 grants to 103 organizations totaling $3,838,641; 2022 Grant Activity - 153 grants to 87 organizations totaling $14,170,352; and 2023 Grant Activity - 446 grants to 106 organizations totaling $5,721,955. In 2023, the WACF led a nearly year-long initiative to develop a vision and plan for Walker County, which included interviewing 150 residents and surveying more than 1,200 people online. After compiling their answers, a plan was created and identified five priority areas with goal statements that guide the community's work toward achieving the plan's vision. This plan leads WACF's Board of Directors today. The five priorities we currently focus on include: Collaborative Planning for Economic Growth: Foundation will work together with community partners to build a vibrant economy that supports growth, development, and quality of life for all. Lifelong Learning & Success: Foundation will partner with education leaders to build and sustain pathways for learning and development that provide opportunities for all children and adults to succeed in work and life. Health, Wellbeing & Quality of Life: We will support a community where all individuals can grow and thrive with recreational opportunities and access to physical and mental health support. Next Generation Leadership: We will cultivate future generations of informed, engaged leaders who share a vision, knowledge, and passion for continued community growth, collaboration, and philanthropy. Foundation Growth & Stewardship: We will inspire and enable the community to achieve a bold vision for the future through research, collaboration, sustainable growth, effective grantmaking and responsible stewardship of resources. The Bankhead House & Heritage Center (BHHC) is owned and operated by the Foundation and is a place where people gather to experience a diverse range of exhibits and events. The BHHC offers a series of exhibits each year to reach all types of people and interests. There are also permanent exhibits: The Walker County Room, A Tribute to our Military, and The Tallulah Bankhead Room. The Foundation grants to our local school systems each year to provide transportation for classrooms to tour Heritage Center exhibits. Our Amphitheater serves as an arts and cultural location for our community with classes, concerts, outdoor movies, plays, storytelling, and cultural gatherings aimed toward advancing the arts and history in Walker County. Facts that show that our grants continue to be available to the public on a wide basis-It is widely known with our nonprofit organizations that WACF has two grant cycles per year with deadlines on March 1 and September 1. We are not a large community, so the WACF serves as the primary source of income for the organizations that applied in 2023. WACF's general unrestricted grantmaking fund, the Community Fund, awarded grants to 73 different organizations in 2023. A press release is sent to our local newspaper announcing the grant window and is communicated to WACF's Walker County Nonprofit Council, a 70+organization council. The Foundation put in place a new grant cycle to expedite the "$5,000 and less local grants". We have a grant review team that reviews those grants and makes funding decisions year-round. We also have a three-person team that reviews grant applications from nonprofits that focus on the Onward Grant Cycle which helps support families that need a boost to become economically stable.Facts that show that the public continues to be involved in our choices of programs to support. - In 2023, WACF utilized a 10 person Grant Review Team to interview grant applicants and make funding recommendations to our Board of Directors. These Team members represent a cross-section of Walker area individuals dedicated to asking hard questions and giving thoughtful advice to our board. They are unbiased advisors focused on the strength of the grant before them. Two of the Review Team members held Donor Advised Funds with us when they served on the team last year but were not the primary funding sources for the grants they reviewed. Youth Leadership is an annual leadership initiative for highschoolers enrolled in the eight high schools in Walker County. In 2023, more than 40 students participated in learning about philanthropy and nonprofits. Those students were tasked with grant making through the WACF Youth Leadership grant cycle. WACF pulls together community members to discuss various topics throughout the year for our Strategic plan initiatives as well as for other community problems that arise. The Nonprofit Council of Walker County, which is comprised of over 80 nonprofit organizations, helps to accomplish this as well. It is an initiative of WACF. More than 150 people have participated annually in these meetings in years past and 1,200 have participated in an online survey. The Bankhead House & Heritage Center (BHHC) is admission free and open to the public. Volunteers offered almost 900 combined hours of service to the BHHC. It is advised by a Council which is comprised of local citizens who assist in the development of the BHHC and its grounds. The last year's attendance at the BHHC was more than 1,000 individuals. The WACF is one of the anchor organizations of the Health Action Partnership for Walker County (HAP) and for the Healing Network of Walker County (THN). HAP identified funding from the Health Resources and Services Administration (HRSA) grant to support a strategic planning process. Local organizations met regularly to conduct a needs assessment, collect comprehensive data, and develop the multi-year strategic plan presented in this report. The Foundation continues to lead the way in the Healing Network that combines the efforts of 50+ organizations working to combat the Opioid epidemic facing our community.

Return Reference	Explanation

Schedule A (Form 990) 2023

Additional Data

Software ID:
Software Version:

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2023

Name of the organization

Walker Area Community Foundation Inc

Employer identification number

63-1154984

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (2023)

Schedule B (Form 990) (2023) Page 2

Name of organization Walker Area Community Foundation Inc

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	,	$ RESTRICTED	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)

Schedule B (Form 990) (2023)

Page 3

Name of organization Walker Area Community Foundation Inc		Employer identification number 63-1154984

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2023)

Schedule B (Form 990) (2023)

Page 4


Name of organization Walker Area Community Foundation Inc			Employer identification number 63-1154984
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (2023)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
right arrow

Attach to Form 990.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2022

Open to Public Inspection

Name of the organization

Walker Area Community Foundation Inc

Employer identification number

63-1154984

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds
1	Total number at end of year .........	28
2	Aggregate value of contributions to (during year)	8,700,500
3	Aggregate value of grants from (during year)	2,827,485
4	Aggregate value at end of year ........	67,064,801

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after July 25, 2006, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year right arrow

Number of states where property subject to conservation easement is located right arrow

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... right arrow

(ii)

Assets included in Form 990, Part X ............................... right arrow

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... right arrow

Assets included in Form 990, Part X ............................... right arrow

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) 2022

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment right arrow

Permanent endowment right arrow

Term endowment right arrow

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....	76,044		76,044
b	Buildings ....	5,736,981		5,736,981
c	Leasehold improvements
d	Equipment ....	393,032		393,032
e	Other .....		1,001,746	-1,001,746
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				5,204,311

Schedule D (Form 990) 2022

Page 3

Part VII

Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

Part VIII

Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes









Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) 2022

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......			1	20,275,986
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a	11,108,955
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d .....................			2e	11,108,955
3	Subtract line 2e from line 1..................			3	9,167,031
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................			4c	0
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......			5	9,167,031

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........		1	7,112,593
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d....................		2e	0
3	Subtract line 2e from line 1...................		3	7,112,593
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b.....................		4c	0
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......		5	7,112,593

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
Part X, Line 2:	As of December 31, 2023, the Foundation has no uncertain tax positions that qualify for recognition or disclosure in the financial statements.

Schedule D (Form 990) 2022

Additional Data

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Schedule I
(Form 990)

Department of the Treasury
Internal Revenue Service

Grants and Other Assistance to Organizations,
Governments and Individuals in the United States

Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet

Attach to Form 990.
lBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2023

Open to Public
Inspection

Name of the organization
Walker Area Community Foundation Inc

Employer identification number
63-1154984

Part I

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................

Yes No

Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.

Part II

Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient

that received more than $5,000. Part II can be duplicated if additional space is needed.

(a) Name and address of organization or government	(b) EIN	(c) IRC section (if applicable)	(d) Amount of cash grant	(f) Method of valuation (book, FMV, appraisal, other)	(h) Purpose of grant or assistance
(1) Alabama Lions Sight 700 South 18th St Birmingham,AL35233	63-0340851	501(c)(3)	58,621		Mobile Eye Screening Program in Walker County
(2) American Cancer Society 1100 Ireland Way Ste 201 Birmingham,AL35205	13-1788491	501(c)(3)	10,000		Joe Lee Griffin Hope Lodge
(3) Backyard Blessings PO Box 129 Sumiton,AL35062	27-1490669	501(c)(3)	168,521		Children's backpack feeding program.
(4) Bundles of Hope Diaper Bank 3600 3rd Ave S Birmingham,AL35222	47-3964034	501(c)(3)	40,100		Diapers for Walker County
(5) Camp McDowell 105 DeLong Road Nauvoo,AL35578	63-6001873	501(c)(3)	48,750		Kitchen renovations and Farm School scholarships
(6) Children's of Alabama 1600 7th Ave South Birmingham,AL35233	63-0307306	501(c)(3)	10,000		Psychiatric Intake Repsonse Center
(7) Christian's Place Mission at Nauvoo United Method Church PO Box 365 Nauvoo,AL35578	26-3951909	501(c)(3)	15,000		Monthly food distributions
(8) Cordova Economic & Industrial Development Authority PO Box 496 Cordova,AL35550	46-2948567	501(c)(3)	39,200		General donations
(9) Fellowship House 1625 12th Ave South Birmingham,AL35205	63-0509822	501(c)(3)	162,206		Salaries, training, facilities, and to build capacity for Walker County program
(10) Girls Incorporated of Central Alabama PO Box 130729 Birmingham,AL35212	63-0328643	501(c)(3)	10,700		Summer enrichment program
(11) Habitat for Humanity Greater Birmingham 4408 Richard M Scrushy Pkwy Fairfield,AL35064	63-0962910	501(c)(3)	180,000		Construction materials and labor
(12) HARTT Inc 1701 5th Ave South Jasper,AL35501	88-2243730	501(c)(3)	284,870		General donations
(13) Healthy Eating Active Living Inc 1360 Montgomery Highway Suite 116 Birmingham,AL35266	20-5936421	501(c)(3)	63,500		Heal in Walker County Schools - improving health through fitness and nutrition education
(14) Hope House Church 1602 10th Ave Jasper,AL35501	45-5277650	501(c)(3)	62,337		Feeding, showers, classes
(15) Jasper Area Family Services Center Inc 1400 19th Street West Jasper,AL35502	94-3428363	501(c)(3)	150,829		General operations and Warming Station
(16) Kid One Transport System Inc 110 12th St N Birmingham,AL35203	63-1165579	501(c)(3)	11,500		Transportation for medical appointments
(17) Kids Play AL PO Box 660076 Vestavia,AL35266	86-2959490	501(c)(3)	39,900		Registration fees and uniforms for sports
(18) Mission 34 365 Jones Road Cordova,AL35550	85-3091702	501(c)(3)	38,669		Sports facility in Cordova, AL
(19) Mission of Hope PO Box 878 Dora,AL35062	63-1253204	501(c)(3)	45,000		General donations
(20) Sight Savers America 337 Business Circle Pelham,AL35124	30-0188234	501(c)(3)	79,825		Children's screenings, follow-up eye care, adult eye care
(21) Smile-A-Mile 1510 Fifth Avenue South Birmingham,AL35233	63-0907544	501(c)(3)	30,000		Outreach and inpatient hospital camp
(22) St Mary's Episcopal Church 801 The Trace West Jasper,AL35504	63-0625506	501(c)(3)	53,250		Food bank and repairs
(23) The Arc of Walker County 745 Russell Dairy Road Jasper,AL35503	63-0760044	501(c)(3)	63,161		General doanations
(24) The Bridge Educational Philanthropy PO Box 584 Oakman,AL35579	87-1155741	501(c)(3)	72,000		Staff stipend, rent, equipment, dual immersion classes, professional development
(25) The Church at Cahaba Bend PO Box 477 Helena,AL35080	63-1269742	501(c)(3)	60,000		General Fund Gift - On behalf of Matthew and Ashley Laird
(26) The Foundry Ministries 1804 6th Ave North Bessemer,AL35020	63-0624278	501(c)(3)	50,000		Recovery services for Walker County residents
(27) The Literacy Council of Central Alabama 2301 1st Ave N 102 Birmingham,AL35203	63-1051186	501(c)(3)	10,700		Literacy program
(28) The Salvation Army PO Box 1513 Jasper,AL35502	58-0660607	501(c)(3)	116,331		Food Pantry Program, homeless assistance and preventiion
(29) The Willow Project 400 19th St East Jasper,AL35501	85-3269369	501(c)(3)	35,000		General expenses
(30) Walker County Arts Alliance PO Box 1622 Jasper,AL35502	58-1965078	501(c)(3)	16,952		Administrative and programming
(31) Walker County Community Action Agency PO Drawer 421 Jasper,AL35502	63-0501819	501(c)(3)	27,334		General donations
(32) Walker County Department of Human Resources 1901 Highway 78 East Jasper,AL35501	63-1104139	501(c)(3)	84,007		Supplemental support for children, families, elderly, and disabled.
(33) Walker County Humane Society PO Box 1407 Jasper,AL35502	63-0809530	501(c)(3)	32,000		Food for pets of families affected by health crisis
(34) Free Will Baptist Children's Home PO Box 8 Eldridge,AL35554	63-0302093	501(c)(3)	236,311		General donation
(35) Friends of Downtown Jasper PO Box 122 Jasper,AL35502	47-5566652	501(c)(3)	301,980		Operations and programs - Jasper Main Street
(36) Ronald McDonald House Charities of Alabama 1700 4th Ave S Birmingham,AL35233	63-0753358	501(c)(3)	15,000		Adopt A Family Program
(37) Alabama Association of Nonprofits PO Box 293932 Birmingham,AL35229	63-1172730	501(c)(3)	15,000		General donation
(38) Alabama Possible PO Box 55058 Birmingham,AL35255	58-2074080	501(c)(3)	20,000		General donation.
(39) Better Basics 12131 2nd Avenue South Birmingham,AL35233	63-1106040	501(c)(3)	28,768		Dolly Parton Imagination Libary in Walker County
(40) Bevill State Community College 1411 Indiana Avenue Jasper,AL35501	63-1102108	501(c)(3)	293,200		Robotics participation in Walker County Schools
(41) Boys and Girls Clubs of Central Alabama PO Box 10391 Birmingham,AL35202	63-0302102	501(c)(3)	24,000		Project Learn
(42) Crisis Center Inc 3620 8th Avenue South Birmingham,AL35222	63-0583947	501(c)(3)	152,350		Local needs assesment and referrals
(43) Hope is the Anchor 72 Cove Lane Jasper,AL35504	85-3576030	501(c)(3)	15,695		General purposes
(44) Laura Crandall Brown Foundation PO Box 26791 Birmingham,AL35260	27-1537539	501(c)(3)	20,000		GYN cancer patient awareness and support
(45) Liberty Learning Foundation 3414 Governors Dr SW Ste 215 Huntsville,AL35805	27-3790888	501(c)(3)	25,000		Program kits, events, educational services
(46) Townley Community Center PO Box 157 Jasper,AL35587	47-3735928	501(c)(3)	7,700		Repairs and maintenance
(47) Walker County Children's Advocacy Center 1619 Alabama Ave Jasper,AL35501	45-4583448	501(c)(3)	19,797		Repairs and maintenance
(48) Wild Alabama 552 Lawrence St Moulton,AL35650	85-2784968	501(c)(3)	25,000		Staffing
(49) Alabama Suicide Prevention and Resource Coalition PO Box 360244 Birmingham,AL35236	27-2805825	501(c)(3)	15,000		QPR Gatekeeper Training
(50) Alabama Symphonic Association Inc 3621 6th Avenue South Birmingham,AL35222	63-1103036	501(c)(3)	5,474		ASO in Walker and Winston County SchoolsGeneral Donation
(51) Arley - Smith Lake Senior Outreach PO Box 116 Arley,AL35541	87-4485877	501(c)(3)	56,000		Kitchen Addition to Senior Center Building
(52) Arley Womens Club PO Box 15 Arley,AL35541	30-0722513	501(c)(3)	75,000		Arley Senior Center Remodel
(53) Big Oak Ranch 250 Jake Mintz Road Gadsden,AL35905	23-7413017	501(c)(3)	41,000		General/Westbrook Christian School Education Fund
(54) Black Warrior Council 2700 Jack Warner Parkway Tuscaloosa,AL35403	63-0288816	501(c)(3)	11,900		General/Eliminating Barries to Access
(55) Capstone Rural Health Center		501(c)(3)	69,425		General Donation
(56) City of Lights Dream Center 23 Austin Circle Dora,AL35062	57-1204989	501(c)(3)	35,000		Haven Avenue Appartments for Moms and Children
(57) Corinth Baptist Church 2415 Gardners Gin Road Cordova,AL35550	63-1059623	501(c)(3)	50,611		Repairs
(58) Iglesia de Restauracion Familiar		501(c)(3)	200,000	Repairs	General Donation
(59) Jimmie Hale Mission 3420 2nd Avenue N Birmingham,AL35222	63-0358757	501(c)(3)	25,000	Renovation of Shepura Mens Center	General Donation
(60) King's Home PO Box 162 Chelsea,AL35043	63-0760276	501(c)(3)	490,560		General repairs and upkeep
(61) McWane Science Center 200 19th Street North Birmingham,AL35203	58-1933712	501(c)(3)	10,000		Field trips and (Jasper City Schooland Walker County School"
(62) Mothers' Milk of Alabama 107 Walter Davis Drive Birmingham,AL35209	46-5762888	501(c)(3)	6,000		Expansion of NURTURE Program in Walker County
(63) Northwest Alabama Mental Health Center 1100 7th Avenue Jasper,AL35501	63-0524073	501(c)(3)	128,988		Cottage Refurbishing and IT expansion
(64) Operation Aviation Foundation 392 Ridgeview Drive Jasper,AL35504	92-1513762	501(c)(3)	35,000		ACE Camp at the Walker County Airport
(65) Pregnancy Test and Resource Center 1707 2nd Avenue Jasper,AL35501	63-1045733	501(c)(3)	227,600		General/Facility Renovation
(66) Service Dogs Alabama 8365 Mobile Highway Hope Hull,AL36064	47-3171146	501(c)(3)	12,500		Service dogs - Oakman School
(67) The Bell Center for Early Intervention 1700 29th Court South Birmingham,AL35209	63-1244330	501(c)(3)	10,000		Program costs
(68) The Literacy Council of Walker County 1400 19th Street West Jasper,AL35501	63-1051186	501(c)(3)	30,000		Literacy program for children, youth and adults in Walker Co.
(69) University of Alabama New College		501(c)(3)	9,000		New College Summer Interns in Walker Co
(70) Walker County Commission 1801 3rd Avenue Jasper,AL35501	63-6001728	501(c)(3)	13,000		Resurfacing roads at the Domain
(71) Walker County Growth Alliance PO Box 204 Jasper,AL35501	82-3789552	501(c)(3)	38,075		Specialized consultation services for the Walker County Industrial Park
(72) Winston County Arts Council PO Box 436 Arley,AL35541	51-0654274	501(c)(3)	157,999		Rehab of Looney's Tavern
(73) Winston County Board of Education PO Box 9 Double Springs,AL35553	63-6001164	501(c)(3)	25,000		Winston County HARTT Program
(74) Winston County Rescue Squad 236 Helicon Road Arley,AL35541	92-3744216	501(c)(3)	40,000		Equipment, supplies and operational costs

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image

Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50055P

Schedule I (Form 990) 2023

Page 2

Part III

Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance	(b) Number of recipients	(c) Amount of cash grant	(d) Amount of noncash assistance	(e) Method of valuation (book, FMV, appraisal, other)	(f) Description of noncash assistance

(1)
(2)
(3)
(4)
(5)
(6)
(7)

Part IV

Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.

Return Reference	Explanation

Schedule I (Form 990) 2023

Additional Data

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Schedule J
(Form 990)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
medium right arrow graphic

Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
medium right arrow graphic

Attach to Form 990.
medium right arrow graphic

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public Inspection

Name of the organization

Walker Area Community Foundation Inc

Employer identification number

63-1154984

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? .............

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ....................

Any related organization? .......................

If "Yes," on line 5a or 5b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ..................

Any related organization? ......................

If "Yes," on line 6a or 6b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................

If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) 2023

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column (B) reported as deferred on prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1Paul W Kennedy President	(i) (ii)	161,559 ------------- 0	0 ------------- 0	0 ------------- 0	0 ------------- 0	0 ------------- 0	161,559 ------------- 0	0 ------------- 0

Schedule J (Form 990) 2023

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.

Return Reference	Explanation

Schedule J (Form 990) 2023

Additional Data

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SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2023

Open to Public
Inspection

Name of the organization

Walker Area Community Foundation Inc

Employer identification number

63-1154984

Return Reference	Explanation
Form 990, Part VI, Section B, line 11b	The 990 is reviewed and approved by the Board, and then the return is submitted for filing.
Form 990, Part VI, Section B, line 15a	The President's annual performance and compensation reviews are performed by the current Board of Directors. Salaries for the President and all full-time employees are benchmarked by the annual Council on Foundations Pay and Compensation Survey.
Form 990, Part VI, Section C, line 19	The organization's governing documents and financial statements are available to the public upon request. The 990 is available to the public through the website Guidestar.com.
Form 990, Page XII, Part XII, Line 2c	The Organization has not changed its oversight process or selection process of the audit for the current year.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) 2023

Additional Data

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1	Briefly describe the organization’s mission or most significant activities: To serve as a nonprofit dedicated to the nurture and advancement of the community through forming and preserving charitable capital, and using the proceeds of that capital to better the community as a whole.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	10
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	10
5	Total number of individuals employed in calendar year 2023 (Part V, line 2a) ......	5	0
6	Total number of volunteers (estimate if necessary) .............	6	0
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	33,665,196	6,659,942
9	Program service revenue (Part VIII, line 2g) .........	0	0
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	2,359,396	2,501,725
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	5,758	5,364
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	36,030,350	9,167,031
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	3,948,640	5,293,831
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	797,275	923,881
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 346,826
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	762,279	894,881
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	5,508,194	7,112,593
19	Revenue less expenses. Subtract line 18 from line 12.......	30,522,156	2,054,438
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	114,594,345	127,913,751
21	Total liabilities (Part X, line 26).............	10,980	166,993
22	Net assets or fund balances. Subtract line 21 from line 20.....	114,583,365	127,746,758

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 6,456,985 including grants of $ 5,293,831 ) (Revenue $ )
	Walker Area Community Foundation provides grants to promote the community health and social welfare of citizens within the area traditionally served by the Walker County Hospital or as recommended by fund advisors and approved by the Board of Directors to 501(c)(3) organizations outside of the general service area.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses6,456,985

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)		(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(1) Donaldson Emily...................................................................... Vice Chair	1.00 .................	X	X	0	0	0
(2) Drummond Abbie...................................................................... Director	1.00 .................	X		0	0	0
(3) Globetti Steve G...................................................................... Director	1.00 .................	X		0	0	0
(4) Jackson Edward...................................................................... Director	1.00 .................	X		0	0	0
(5) Nolen Jr Robert B...................................................................... Secretary and Treasurer	1.00 .................	X	X	0	0	0
(6) Stukes Beth Thorne...................................................................... Director	1.00 .................	X		0	0	0
(7) Warren J Douglas...................................................................... Director	1.00 .................	X		0	0	0
(8) Callahan Kevin F...................................................................... Chairman	1.00 .................	X	X	0	0	0
(9) Thornley Scott...................................................................... Director	1.00 .................	X		0	0	0
(10) Allen Robbin Reed...................................................................... Director	1.00 .................	X		0	0	0
(11) Haig Wright II...................................................................... Director	1.00 .................	X		0	0	0
(12) Paul W Kennedy...................................................................... President	40.00 .................		X	161,559	0	0
(13) Harris Rhodes...................................................................... Chief Financial Officer	40.00 .................		X	94,608	0	0

1b	Sub-Total..............
c	Total from continuation sheets to Part VII, Section A..
d	Total (add lines 1b and 1c).........	256,167	0	0

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 0

1a	Federated campaigns..		1a
b	Membership dues..		1b
c	Fundraising events..		1c
d	Related organizations		1d
e	Government grants (contributions)		1e

f	All other contributions, gifts, grants, and similar amounts not included above		1f	6,659,942

g	Noncash contributions included in lines 1a - 1f:$		1g

h Total. Add lines 1a-1f.......		6,659,942

		Business Code
2a
b
c
d
e
f	All other program service revenue.
g	Total. Add lines 2a–2f .....

3 Investment income (including dividends, interest, and othersimilar amounts) ......			2,501,725	2,501,725
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
			(i) Real	(ii) Personal
6a	Gross rents	6a
b	Less: rental expenses	6b
c	Rental income or (loss)	6c
d	Net rental income or (loss).......
			(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	7a
b	Less: cost or other basis and sales expenses	7b
c	Gain or (loss)	7c
d	Net gain or (loss).........
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a
b	Less: direct expenses ...		8b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a
b	Less: cost of goods sold ..		10b
c	Net income or (loss) from sales of inventory..

Business Code
11a	Miscellaneous Revenue		624100	5,364	5,364
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			5,364
12	Total revenue. See instructions.....			9,167,031	2,507,089	0	0

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....	5,293,831	5,293,831
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........	774,567	619,654	116,185	38,728
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	36,440	29,152	5,466	1,822
9	Other employee benefits .......	53,813	43,050	8,072	2,691
10	Payroll taxes ...........	59,061	47,249	8,859	2,953
11	Fees for services (non-employees):
a	Management ......
b	Legal .........
c	Accounting ...........	10,000	7,800	2,100	100
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	171,394	133,687	35,993	1,714
12	Advertising and promotion ....	192,970	30,875		162,095
13	Office expenses .......	63,578	22,888	5,086	35,604
14	Information technology ......	54,310	21,724	16,293	16,293
15	Royalties ..
16	Occupancy ...........	191,190	76,476	57,357	57,357
17	Travel ............	23,898	14,338	8,365	1,195
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	75,105	52,574	3,755	18,776
23	Insurance ...	37,517	3,752	30,013	3,752
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	Miscellaneous expense	74,919	59,935	11,238	3,746
b
c
d
e	All other expenses
25	Total functional expenses. Add lines 1 through 24e	7,112,593	6,456,985	308,782	346,826
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			1,148,493	1	1,884,390
2	Savings and temporary cash investments .........				2
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............				4
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
					6
7	Notes and loans receivable, net ...........				7
8	Inventories for sale or use ............				8
9	Prepaid expenses and deferred charges ......			25,739	9	25,739
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	6,206,057
b	Less: accumulated depreciation	10b	1,001,746	1,218,963	10c	5,204,311
11	Investments—publicly traded securities .			112,193,777	11	120,791,532
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........			7,373	15	7,779
16	Total assets. Add lines 1 through 15 (must equal line 33)...			114,594,345	16	127,913,751

17	Accounts payable and accrued expenses .....	10,980	17	16,993
18	Grants payable ...		18	150,000
19	Deferred revenue .........		19
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D		25
26	Total liabilities. Add lines 17 through 25..	10,980	26	166,993

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	114,397,121	27	127,560,772
28	Net assets with donor restrictions ...........	186,244	28	185,986
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	114,583,365	32	127,746,758
33	Total liabilities and net assets/fund balances ........	114,594,345	33	127,913,751