Founded in 1959, the Community Foundation of Greater Birmingham connects philanthropists, nonprofits, and engaged leaders to build a stronger, more vibrant future for the Greater Birmingham community. As of December 2016, the foundation held $259.5 million in assets and had disbursed $18.7 million in grants. Its grantmaking prioritizes efforts focused on ensuring: 1) communities are sustainable, livable, and vibrant; and 2) individuals and families are economically secure. To maximize its impact, the foundation also develops and implements large-scale, multi-year regional initiatives, which currently include an effort to reform predatory lending and the development of a city Innovation District.