Public Charity

AAMU-RISE FOUNDATION

AAMU-RISE FOUNDATION, of NORMAL, AL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $2.1M in revenue, $2.2M in expenses, $1.1M in total assets. 3 publicly reported grants to this organization, totaling roughly $86K, appear in IRS filings.

EIN: 464776909 NORMAL, AL Latest filing: 2024
Total Revenue$2.1M
Total Expenses$2.2M
Total Assets$1.1M
Grant Records3
Funding Total$86K
Filing Years2020–2024

Mission

TO DEVELOP AND ADMINISTER CONTRACT AND R&DS ON BEHALF OF ALABAMA A&M UNIVERSITY, CONDUCTED BY AAMU FACULTY AND ITS AFFILIATES. TO COORDINATE SPONSORED RESEARCH PROGRAMS FOR THE UNIVERSITY.

Officers & Directors

EXECUTIVE DIRECTOR Dr Andrew Scott
TREASURER, VP FOR BUSINESS & FINANCE, AAMU Dr Carlton Spellman
PRESIDENT - AAMU Dr Daniel K Wims
VICE CHAIR, PROVOST & VP ACADEMIC AFFAIRS - AAMU Dr John Jones
CHAIR, VP RESEARCH & ECONOMIC DEVELOPMENT - AAMU Dr Majed El-Dweik
GENERAL DIRECTOR, TRUSTEE, AAMU Dr Scherrie Banks Pickett

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATION/RESEARCH
$49,968 1 grant
SUPPORT OF ACCOUNTING DEVELOPMENT
$30,000 1 grant
TO ASSIST IN ATTRACTING AND RETAINING A QUALIFIED AND SKILLED WORKFORCE
$6,332 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.1M $2.2M $1.1M
2023 $947K $931K $1.3M
2022 $555K $519K $688K
2021 $2.4M $708K $640K
2020 $391K $477K $139K

Between 2020 and 2024, reported annual revenue grew from $391K to $2.1M (+442%), with total assets most recently reported at $1.1M.

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

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