NonprofitsAlbany State University Foundation Inc

Public & Societal Benefit

Albany State University Foundation Inc

ALBANY, GA

Total revenue

$2.0M

Total expenses

$907K

Net assets

$10.2M

Grants received

$3.1M

52 grants

EIN

237032763

Tax year

2023

Mission

To provide financial aid to students and financial support of Albany State University, its faculty, staff, research, and advancement of higher educaiton.

Financials

FY 2023

Revenue

Contributions & grants$1.6M
Program service revenue
Investment income$388K
Other revenue$1K
Total revenue$2.0M

Expenses

Grants paid$690K
Salaries & benefits
Fundraising$20K
Other expenses$217K
Total expenses$907K
Total assets$10.2M
Net assets$10.2M

People

16 listed

NameRoleCompensation

Marion Fedrick

President of ASU

Board

1 hrs/wk

Valerie Melton

Executive Director

Board

20 hrs/wk

Gregory Hylick

Chair

Board

0

Rachelle Scott

Vice Chair

Board

0

TaKeshia Thomas

Treasurer

Board

0

Bruce Melton

Secretary

Board

0

Graham Edwards

Board Member

Board

0

Daniel Simmons

Board Member

Board

0

Carolyn Jernigan-Glenn

Board Member

Board

0

Virginia Harris

Board Member

Board

0

Marvin Laster

Board Member

Board

0

Virgil Adams

Board Member

Board

0

Vinson Davis

Board Member

Board

0

Maria Boynton

Board Member

Board

0

Mark Johnson

Board Member

Board

0

Stan Brown

Chief Financial Officer

Board

40 hrs/wk

Grants received

Showing 52 of 52

FromAmountPurposeYear
$100K
1 grant(s) for varying purposes
2024
$135K
OPERATING GRANT
2023
$37K
SCHOLARSHIPS
2023
$21K
SCHOLARSHIPS
2023
$7K
EVENT MARKETING
2023
$7K
EVENT MARKETING
2023
$3K
Program Support
2023
$3K
Program Support
2023
$300
2023 EDUCATIONAL MATCHING GIFTS - FOUNDATION MATCH
2023
$62K
GRANT FOR PROFESSIORAL SALARIES
2022
$50K
TEACHERS FOR GEORGIA PROGRAM - SCHOLARSHIP ENDOWMENT
2022
$35K
SCHOLARSHIPS
2022
$10K
For grant recipient's exempt purposes
2022
$7K
EVENT MARKETING
2022
$4K
Program Support
2022
$3K
Program Support
2022
$3K
Program Support
2022
$2K
EDUCATIONAL
2022
$16K
Scholarships/Grants
2021
$10K
MATCHING GIFTS
2021
$6K
SCHOLARSHIPS
2021
$2K
EDUCATIONAL
2021
$62K
GRANT FOR PROFESSIORAL SALARIES
2020
$28K
Scholarships/Grants
2020
$13K
Unrestricted
2020
$12K
SCHOLARSHIPS
2020
$6K
SCHOLARSHIPS
2020
$3K
EMPLOYEE MATCHING GRANT
2020
$2K
EDUCATIONAL
2020
$61K
GRANT FOR PROFESSIORAL SALARIES
2019
$48K
Scholarships/Grants
2019
$20K
SCHOLARSHIPS
2019
$7K
EVENT MARKETING
2019
$6K
Education
2019
$15K
OTHER STUDENT SUPPORT
2018
$3K
PROGRAM/OPERATING SUPPORT
2018
$2K
EDUCATIONAL
2018
$25
Matching Grant
2018
$36K
SCHOLARSHIPS
2017
$12K
SCHOLARSHIPS/GRANTS
2017

Funded by

$3.1M from 24 funders · 52 grants · 2017–2024

Fuller E Callaway Professorial Chairs Tr

$185K · 3 grants · 2019–2022

University System Of Georgia

$146K · 6 grants · 2017–2023

National Collegiate Athletic Association

$139K · 6 grants · 2017–2023

Strada Education Foundation Inc

$135K · 1 grant · 2023

The Winston-Salem Foundation

$100K · 1 grant · 2024

Georgia Power Foundation Inc

$50K · 2 grants · 2022–2023

Details

EIN237032763
NTEE codeW00F
Subsection03
Ruling date1969-08
Formed1969
Employees0
Volunteers12
ALBANY STATE UNIVERSITY FOUNDATION INC — Mission, Financials & Grants Received | Grantivo