DRAKE STATE TECHNICAL COLLEGE FOUNDATION is a Public Charity headquartered in HUNTSVILLE, AL. Financial data from the 2024 filing: $1.3M revenue, $140K expenses, $1.5M total assets. 11 publicly reported grants to this organization, totaling roughly $402K, appear in IRS filings.
THE FOUNDATION EXISTS TO RAISE AND MANAGE PRIVATE RESOURCES SUPPORTING THE MISSION AND PRIORITIES OF THE COLLEGE AND TO PROVIDE OPPORTUNITIES FOR STUDENTS AND A MARGIN OF INSTITUTIONAL EXCELLENCE NOT ACHIEVABLE WITH INSTITUTIONAL FUNDS ALONE. THE FOUNDATION IS DEDICATED TO ASSISTING THE COLLEGE IN THE BUILDING OF AN ENDOWMENT, AND IN ADDRESSING, THROUGH FINANCIAL SUPPORT, THE LONG-TERM ACADEMIC AND OTHER PRIORITIES OF THE COLLEGE.
Showing up to 5 of 11 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1.3M | $140K | $1.5M |
| 2023 | $320K | $248K | $384K |
| 2022 | $229K | $89K | $312K |
Between 2022 and 2024, reported annual revenue grew from $229K to $1.3M (+457%), with total assets most recently reported at $1.5M.
Interactive year-over-year charts and full filing details available with membership.
