Public Charity

ALCORN STATE UNIVERSITY FOUNDATION INC

ALCORN STATE UNIVERSITY FOUNDATION INC, of LORMAN, MS, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $5.2M in revenue, $4.2M in expenses, $60.1M in total assets. 57 publicly reported grants to this organization, totaling roughly $30.0M, appear in IRS filings.

EIN: 640538018 LORMAN, MS Universities NTEE: B43 Latest filing: 2024
Total Revenue$5.2M
Total Expenses$4.2M
Total Assets$60.1M
Grant Records57
Funding Total$30.0M
Filing Years2019–2024

Mission

THE FOUNDATION IS A NON-PROFIT ORGANZATION THAT AIDS THE UNIVERSITY IN PROMOTING AND CULTURAL WELFARE, DEVELOPING AND EXPANDING FACILITIES, AND FACILITATING STUDIES, RESEARCH, AND OTHER ACADEMIC PERSUITS.

Where $100 goes at Alcorn State University Foundation Inc

How Alcorn State University Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$73 Programs the work itself
$24 Management running the organization
$3 Fundraising raising the next dollar

Inside the $73 for programs

$73
- To provide general and specific funding to alcorn state university and its various departments- to provide scholarship support to students of alcorn state university
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

VICE CHAIRPERSON Carla Kirkland
DIRECTOR Densel Fleming
DIRECTOR Dr Anthony Newman
DIRECTOR Dr Charlie Bridges
CHAIRPERSON Dr Dennis Thomas
DIRECTOR Dr Jesse E Mcgee

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$25,327,768 26 grants
Education
$3,837,157 21 grants
International Aid & Development
$500,000 1 grant
Health & Medicine
$250,000 1 grant
Sports & Recreation
$100,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $5.2M $4.2M $60.1M
2023 $5.4M $2.6M $56.4M
2022 $5.3M $1.8M $56.6M
2020 $27.8M $1.9M $50.5M
2019 $5.4M $2.7M $22.4M

Between 2019 and 2024, reported annual revenue declined from $5.4M to $5.2M (-3%), with total assets most recently reported at $60.1M.

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

See the full picture for ALCORN STATE UNIVERSITY FOUNDATION INC

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