Jacksonville State University Foundation

Organization Overview

Jacksonville State University Foundation is located in Jacksonville, AL. The organization was established in 1980. 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. Jacksonville State 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 12/2021, Jacksonville State University Foundation generated $15.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.7% each year . All expenses for the organization totaled $9.8m during the year ending 12/2021. While expenses have increased by 15.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE OVERALL PURPOSE IS TO MAXIMIZE PRIVATE GIFT SUPPORT FOR JACKSONVILLE STATE UNIVERSITY

Describe the Organization's Program Activity:

THE FOUNDATION IS LAYING THE GROUNDWORK FOR THE FUTURE FUNDRAISING SUCCESS IN ORDER TO AID THE UNIVERSITY IN FULFILLING ITS OWN MISSION OF EXCELLENCE IN EDUCATION, RESEARCH, AND SERVICE.


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Board, Officers & Key Employees

Name (title)Compensation
Nancy Chambers
President
$0
Dr Greg Sumner
Vice President
$0
Floyd Kirby
Treasurer
$0
Dr Emily Messer
Secretary
$0
James Storey
Emeritus
$0
Ted Propes
Emeritus
$0

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$7,404,342
Noncash contributions included in lines 1a–1f $79,670
Total Revenue from Contributions, Gifts, Grants & Similar$7,404,342
Total Program Service Revenue$4,656,186
Investment income $806,748
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,437,175
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $15,547,897

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Jacksonville State University Foundation has recieved totaling $12,693.

Awarding OrganizationAmount
Naphcare Charitable Foundation

Birmingham, AL

PURPOSE: COLLEGE SCHOLARSHIPS FOR BRYANNA DAVIS, EMMA HUDDLESTON, ABBY HUDDLESTON, & TIMOTHY MOTE

$10,693
Charter Foundation Inc

West Point, GA

PURPOSE: SCHOLARSHIP

$2,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$12,816,833
Earnings$2,522,718
Ending Balance$15,339,551

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