Public Charity

Albany State University Foundation Inc

Albany State University Foundation Inc is a Public Charity headquartered in Albany, GA. Financial data from the 2025 filing: $3.9M revenue, $3.0M expenses, $11.6M total assets. 44 publicly reported grants to this organization, totaling roughly $3.2M, appear in IRS filings.

EIN: 237032763 Albany, GA Latest filing: 2025
Total Revenue$3.9M
Total Expenses$3.0M
Total Assets$11.6M
Grant Records44
Funding Total$3.2M
Filing Years2020–2025

Mission

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.

Officers & Directors

Secretary Bruce Melton
Board Member Daniel Simmons
Board Member Graham Edwards
Chairman Gregory Hylick
Interim President of ASU Lawrence Drake Iii
Board Member Maria Boynton

Officer compensation and complete director data available with membership.

Top Grant Purposes

SEE PART IV
$1,918,487 1 grant
SCHOLARSHIPS
$233,903 10 grants
CONFRONT DISCRIMINATION AND ADVANCE HEALTH EQUITY
$186,843 1 grant
GRANT FOR PROFESSIORAL SALARIES
$185,010 3 grants
Scholarships/Grants
$157,564 4 grants

Financial Trends

Year Revenue Expenses Assets
2025 $3.9M $3.0M $11.6M
2024 $2.0M $907K $10.2M
2023 $1.6M $1.3M $8.7M
2021 $1.5M $2.2M $7.8M
2020 $3.2M $3.0M $46.4M

Between 2020 and 2025, reported annual revenue grew from $3.2M to $3.9M (+22%), with total assets most recently reported at $11.6M.

Interactive year-over-year charts and full filing details available with membership.

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