Program areas at Prosper Foundation
Health tech accelerator connects cutting-edge, health technology startups to the coaching, capital, and connections they need to build and grow their businesses. The program aims to make birmingham the center of health technology solutions through investments in entrepreneurship, talent, and community engagements.
The catalyze challenge is an effort to create educational experiences that bridge the gap between learning and work through corporate and community partnerships.
Small business acceleration is an effort to properly identify the best ways to support small businesses in birmingham and provide support for various stages of business growth.
Grants made by Prosper Foundation
| Grantee | Grant description | Grant year | Amount |
|---|
| United Ability | To Create Educational Experiences That Bridge the Gap Between Learning and Work Through Corporate and Community Partnerships | 2024-12 | $183,633 |
| STREAM Innovations | To Create Educational Experiences That Bridge the Gap Between Learning and Work Through Corporate and Community Partnerships | 2024-12 | $175,000 |
| Oak Tree Ministries | To Create Educational Experiences That Bridge the Gap Between Learning and Work Through Corporate and Community Partnerships | 2024-12 | $100,000 |
| ...and 2 more grants made |
Who funds Prosper Foundation
Grants from foundations and other nonprofits
Financials for Prosper Foundation
| Revenues | FYE 12/2024 |
|---|
| Total grants, contributions, etc. | $4,204,293 |
| Program services | $0 |
| Investment income and dividends | $141,325 |
| Tax-exempt bond proceeds | $0 |
| Royalty revenue | $0 |
| Net rental income | $0 |
| Net gain from sale of non-inventory assets | $0 |
| Net income from fundraising events | $0 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $0 |
| Miscellaneous revenues | $904 |
| Total revenues | $4,346,522 |
Organizations like Prosper Foundation
| Organization | Type | Location | Revenue |
|---|
| Venture Richmond | 501(c)(3) | Richmond, VA | $13,740,813 |
| 43north BPC | 501(c)(3) | Buffalo, NY | $9,805,205 |
| CareerSource Florida | 501(c)(3) | Tallahassee, FL | $19,823,161 |
| Greater New Orleans Development Foundation | 501(c)(3) | New Orleans, LA | $7,212,232 |
| Selectflorida | 501(c)(3) | Coral Gables, FL | $8,759,353 |
| SouthernCarolina Alliance (SCA) | 501(c)(3) | Barnwell, SC | $10,611,570 |
| Downtown Tulsa Partnership | 501(c)(3) | Tulsa, OK | $2,391,142 |
| Boston Local Development Corporation | 501(c)(3) | Boston, MA | $1,981,160 |
| Allentown Economic Development Corporation | 501(c)(3) | Allentown, PA | $3,817,753 |
| Greater Bemidji | 501(c)(3) | Bemidji, MN | $2,749,572 |
Data update history
April 3, 2026
Posted financials
Added Form 990 for fiscal year 2024
January 27, 2026
Updated personnel
Identified 26 new personnel
January 13, 2026
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPublic sector nonprofitsBusiness and community development organizationsCharities
Issues
Human servicesCommunity improvementEconomic developmentBusiness and industry
Characteristics
Legally formed as corporationState / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
- Address
- 1721 3rd Ave N 202
- Birmingham, AL 35203
- Metro area
- Birmingham-Hoover, AL
- County
- Jefferson County, AL
- Website URL
- prosperbham.com/Â
- Phone
- (205) 306-2061
IRS details
- EIN
- 87-1572206
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2020
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S31: Urban, Community Economic Development
- NAICS code, primary
- 926110: Economic Development Corporations and Economic Program Organizations
- Parent/child status
- Independent
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