Public Charity

APPALACHIAN STATE UNIVERSITY FOUNDATION INC

APPALACHIAN STATE UNIVERSITY FOUNDATION INC is a nonprofit organization categorized as Public Charity based in BOONE, NC. Its most recent IRS filing (2025) reports revenue of $39.1M, expenses of $30.6M, total assets of $265.1M. Imperigo tracks 212 reported grant relationships connected to this organization totaling approximately $27.0M.

EIN: 237099379 BOONE, NC Latest filing: 2025
Total Revenue$39.1M
Total Expenses$30.6M
Total Assets$265.1M
Grant Records212
Funding Total$27.0M
Filing Years2021–2025

Mission

THE APPALACHIAN STATE UNIVERSITY FOUNDATION EXISTS TO SUPPORT APPALACHIAN STATE UNIVERSITY STUDENTS, FACULTY, STAFF AND COMMUNITY THROUGH THE ADVANCEMENT OF FINANCIAL SUPPORT, STEWARDSHIP, GROWTH OF RESOURCES, AND ADVOCACY FOR THE UNIVERSITY'S MISSION.

Officers & Directors

BOARD MEMBER Bo Henderson
BOARD MEMBER Brett Hoge
BOARD CHAIR Cantey Alexander
BOARD VICE CHAIR Carolyn Schmalenberger
BOARD SECRETARY Chad Seigler
ASSISTANT VICE CHANCELLOR Clayton Christian

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATION
$10,076,055 34 grants
For grant recipient's exempt purposes
$4,910,101 9 grants
CHARITABLE GIFT
$3,045,554 9 grants
GENERAL SUPPORT
$2,506,815 30 grants
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
$765,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $39.1M $30.6M $265.1M
2024 $32.1M $29.7M $240.4M
2023 $33.0M $26.6M $216.2M
2022 $32.8M $22.7M $211.3M
2021 $23.0M $24.1M $199.4M

Between 2021 and 2025, reported annual revenue grew from $23.0M to $39.1M (+70%), with total assets most recently reported at $265.1M.

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

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