Community Foundation of Greater Birmingham
The Community Foundation of Greater Birmingham (formerly the Greater Birmingham Foundation) is a tax-exempt public charity which pools private donations for a wide variety of grants supporting projects in the Birmingham metropolitan area. It was founded on May 5, 1959 by a committee headed by A. J. Bowron. The first advised fund managed by the foundation was donated by Mervyn and Dorah Sterne. The first grant made from that fund was for $100 to the Fairhaven Methodist Retirement Home. Peggy Spain McDonald was appointed the foundation's first executive director in 1964. The foundation adopted its current name in 1998. The current president is Chris Nanni, who took over in 2014 following the retirement of Kate Nielsen.
In its 50-year history the organization has awarded over $200 million in grants and currently manages assets in excess of $130 million held at several area financial institutions. The largest single gift, of $20 million, was made to the foundation in 2001. The largest single fund, now worth over $27 million, was initiated with a $3 million bequest from the estate of Margaret Cameron Spain in 1972.
Prize 2 the Future
At a public event on January 13, 2011, the Community Foundation announced an online competition for the public to submit "one big idea" for what to do with Block 113C (bounded by Powell Avenue, 1st Avenue South, 18th and 19th Streets, just east of the Railroad Park).
In addition to a $50,000 cash prize, implementation of the winning idea is to have been funded by the foundation. The contest drew 2,800 applications and more than 1,100 entries, 965 of which were accepted for judging. Birmingham's Colin Coyne of The Coyne Group won the competition with a multiple-use proposal called One Birmingham Place which included rental space for community service and arts organizations and an academic center for the responsible use of social media.
- Singleton, William C. III (March 12, 2011) "More than 1,100 ideas submitted to transform parking lot near Railroad Park in Birmingham." The Birmingham News
- Hansen, Jeff (March 23, 2011) "Prize2theFuture ideas for Birmingham pour in from 20 states, 38 countries." The Birmingham News
- Hansen, Jeff (May 6, 2011) "Winning idea to change city says 'each day is different'." The Birmingham News
- Tomberlin, Michael (March 31, 2014) "Meet Chris Nanni, the new CEO of the Community Foundation of Greater Birmingham." The Birmingham News