Alabama A & M University Foundation

Organization Overview

Alabama A & M University Foundation is located in Normal, AL. The organization was established in 1970. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alabama A & M University Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2021, Alabama A & M University Foundation generated $332.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (31.3%) each year. All expenses for the organization totaled $1.7m during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ALABAMA A&M UNIVERSITY FOUNDATION WAS ESTABLISHED TO RECEIVE, HOLD, INVEST, MANAGE, USE, AND ADMINISTER PROPERTY OF ALL KINDS, WHETHER GIVEN ABSOLUTELY OR IN TRUST, FOR THE BENEFIT OF ALABAMA A&M UNIVERSITY AND ITS EDUCATIONAL, RESEARCH, CULTURAL, PUBLIC SERVICES, AND SUPPORT ACTIVITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ACADEMIC SUPPORT SCHOLARSHIPS & UNIVERSITY SUPPORT


ACADEMIC SUPPORT SCHOLARSHIPS & UNIVERSITY SUPPORT


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Alabama A&m University
Services
$2,726,828
American Express
Services
$226,543
Nevco Inc
Services
$320,009
File Building Co
Services
$179,113
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$59
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$59
Total Program Service Revenue$0
Investment income $91,229
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $180,682
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $332,144

Grants Recieved

Over the last fiscal year, we have identified 17 grants that Alabama A & M University Foundation has recieved totaling $1,290,696.

Awarding OrganizationAmount
Jack Kent Cooke Foundation

Lansdowne, VA

PURPOSE: CURRENT SCHOLARSHIPS AND ENDOWED SCHOLARSHIP FUND

$1,000,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$69,837
Alabama Power Foundation Inc

Birmingham, AL

PURPOSE: GENERAL/OPERATING

$50,000
National Space Club Huntsville Committee Inc

Huntsville, AL

PURPOSE: STEM SCHOLARSHIPS

$43,000
Alabama Power Foundation Inc

Birmingham, AL

PURPOSE: GENERAL/OPERATING

$25,000
Alabama Power Foundation Inc

Birmingham, AL

PURPOSE: GENERAL/OPERATING

$25,000
View Grant Recipient Profile

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