University Of Alabama Huntsville Foundation

Organization Overview

University Of Alabama Huntsville Foundation is located in Huntsville, AL. The organization was established in 1964. 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. University Of Alabama Huntsville 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 09/2020, University Of Alabama Huntsville Foundation generated $8.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $2.6m during the year ending 09/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, University Of Alabama Huntsville Foundation has awarded 16 individual grants totaling $25,282,727. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE SUPPORT TO THE UNIVERSITY OF ALABAMA IN HUNTSVILLE THROUGH CONTRIBUTIONS TO SCHOOL PROGRAMS AND STUDENT SCHOLARSHIPS

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE SUPPORT TO THE UNIVERSITY OF ALABAMA IN HUNTSVILLE


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Board, Officers & Key Employees

Name (title)Compensation
Mallie S Hale
Executive Di
$0
Dr Marcus J Bendickson
Vice Chairma
$0
S Dagnal Rowe ESQ
Chairman
$0
John R Wynn
Treasurer
$0
Linda J Smith
Secretary
$0
Finis E St John IV
Vice Chancel
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$7,099,703
Investment income $1,159,282
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $33,570
Net Gain/Loss on Asset Sales -$568,762
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,913,611

Grants Awarded

Over the last fiscal year, University Of Alabama Huntsville Foundation has awarded $3,619,474 in support to 2 organizations.

Grant RecipientAmount

THE UNIVERSITY OF AL IN HUNTSVILLE

PURPOSE: CONTRIBUTIONS

$2,629,376

THE UNIVERSITY OF AL IN HUNTSVILLE

PURPOSE: SCHOLARSHIPS

$990,098
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 16 grants that University Of Alabama Huntsville Foundation has recieved totaling $165,251.

Awarding OrganizationAmount
Community Foundation Of Greater Huntsville

Huntsville, AL

PURPOSE: EDUCATION

$56,301
Hill Crest Foundation Inc

Mountain Brook, AL

PURPOSE: SUPPORT

$50,000
The Beard-Young Family Foundation

Huntsville, AL

PURPOSE: CHARITABLE DONATION

$10,000
National Space Club Huntsville Committee Inc

Huntsville, AL

PURPOSE: STEM SCHOLARSHIPS

$9,000
Watson-Brown Foundation Inc

Thomson, GA

PURPOSE: AWARDED SCHOLARSHIP GRANTS

$7,500
$6,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$45,085,395
Earnings$13,852,290
Net Contributions$1,334,260
Other Expense-$2,257,799
Ending Balance$58,014,146

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