Public Charity

NATIONAL INSTITUTE OF AEROSPACE FOUNDATION

NATIONAL INSTITUTE OF AEROSPACE FOUNDATION is a Public Charity headquartered in HAMPTON, VA. Financial data from the 2022 filing: $721 revenue, $29K expenses. IRS filings disclose 2 grants awarded by this foundation, totaling roughly $40K.

EIN: 261519960 HAMPTON, VA Latest filing: 2022
Total Revenue$721
Total Expenses$29K
Grants Given2
Grant Total$40K
Filing Years2018–2022

Mission

TO SUPPORT THE CHARITABLE, EDUCATIONAL, AND RESEARCH PURPOSES OF THE NATIONAL INSTITUTE OF AEROSPACE ASSOCIATES.

Where $100 goes at National Institute of Aerospace Foundation

How National Institute of Aerospace Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
No operations were conducted during the year
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2022. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Bo Walkley
SECRETARY FROM 5/18/2022 Catherine Hopkins
TRUSTEE & EXECUTIVE DIRECTOR Douglas O Stanley
CHAIR AND TRUSTEE Dr Barry L Burks
TRUSTEE Dr Calvin W Lowe
SECRETARY UNTIL 5/12/2022 Karl L Drews

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$29,499 1 grant
Training & Professional Development
$10,804 1 grant

Financial Trends

Year Revenue Expenses Assets
2022 $721 $29K —
2021 $83K $83K $29K
2020 $104 $16K $29K
2019 $14K $7K $44K
2018 $86K $86K $38K

Between 2018 and 2022, reported annual revenue declined from $86K to $721 (-99%).

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

Grant Geography

Grants from this foundation were reported to recipients in VA.

VA

Full geographic grant map with state-by-state breakdown available with membership.

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