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Albany State University Foundation Inc.

Albany State University Foundation Inc.

Albany, GA 31705
Tax ID23-7032763

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About this organization

Revenue

$5,438,135

Expenses

$6,496,194

Mission

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

About

The Foundation's leasing operations consist of leasing real estate with Albany State University and Board of Regents for the operation and management of student housing facilities and a student center facility, located on the East campus, under a direct financing-type lease.

Interesting data from their 2020 990 filing

The purpose of the non-profit is stated in the filing as “The albany state university foundation, inc. enhances the academic vision and priorities of asu through its organized fundraising activities and funds management. the foundation, a non-profit corporation, is governed by an elected board of trustees, whose members serve as advocates for the university and its colleges, schools and programs.private support funds scholarships, eminent scholar chairs, professorships and the innovative programs that distinguish asu as an exceptional institution. we know it is our generous donors who will sustain our tradition of academic excellence.”.

Their activities were defined as: “To provide financial aid to students and financial support of albany state university, its faculty, staff, research, and advancment of higher educaiton.”.

  • As per legal requirements, the non-profit's state of operation is reported as GA.
  • The non-profit's address in 2020 as per the filing is 504 College Drive, Albany, GA, 31705.
  • The form of the non-profit organization shows 0 employees as of 2020.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$1,058,059.
  • The organization has 12 independent voting members.
  • The organization was formed in 1969.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $48,299 in fundraising expenses.

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