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    3. Albany State University Foundation
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    Albany State University Foundation

    ActivoPublic CharityPublic & Society Benefit
    Albany, GASitio webEIN: 23-70327631 declaraciones registradas

    About Albany State University Foundation

    The Albany State University Foundation, Inc. solicits and accepts private gifts (including in-kind gifts) to support Albany State University, maintains donor records, manages assets under its control, and disburses funds to support university programs, scholarships, endowment, institutional enrichment, faculty/staff development, and operations management.

    Focus Areas

    ScholarshipsEndowmentInstitutional EnrichmentFaculty/Staff DevelopmentOperations Management

    Who They Fund

    undergraduate and graduate university studentsstudent‑athletescolleges and universities (institutional beneficiaries)

    Funding Style

    direct service (scholarships)program/project supportoperational/general support

    About Albany State University Foundation

    Albany State University Foundation Inc. directs private gifts and endowment distributions to Albany State University, with support tied to scholarships, institutional enrichment, faculty and staff development, and operations management. Its latest reported grant was $1,104,409 to Albany State University for university scholarship grants, general support, and athletic support, showing that the foundation funds both student aid and broader campus needs through the university itself. The foundation’s stated priorities include institutional enrichment and scholarship support. In practice, that means grantmaking is used to strengthen university programs and initiatives, while also helping fund student financial aid. The recent grant record points to support that reaches academic and student-facing needs at the same time, rather than a narrow single-purpose program. Albany State University Foundation Inc. also maintains donor records and manages assets under its control, which fits a structure centered on supporting the university’s internal funding needs. The foundation’s giving is local and entirely within Georgia, with all reported grants landing in the state where Albany State University operates.

    What Albany State University Foundation Funds

    Two of the foundation’s clearest funding themes are scholarships and institutional enrichment. The 2023 grant to Albany State University covered university scholarship grants, general support, and athletic support, showing how student aid can be paired with broader university operations in one award. A second theme is capacity for university programs. The foundation names institutional enrichment as a major area of emphasis, and its grantmaking supports university programs and initiatives intended to enhance institutional capacity and program quality. Endowment support is another core channel. Through endowment distributions, the foundation funds university programs including scholarships, institutional enrichment, faculty and staff development, and operations management. That makes the grantmaking closely tied to the university’s long-term internal support structure.

    How Albany State University Foundation Gives

    The reported grant-size profile is flat: p25, median, and p75 are all $1,104,409, reflecting a single observed grant size in the available data. The foundation gives through a public charity structure and does not make program-related investments or grants to individuals. The pattern in the record suggests institutional support rather than a broad, competitive grant portfolio. The recent grants list shows one recipient, and the foundation’s active programs are all university-focused. Unsolicited applications are accepted for the scholarship program, but not for the endowment distribution or institutional enrichment support programs.

    Financial Snapshot

    Annual Giving

    $1.1M

    Total Assets

    $8.7M

    Total Revenue

    $1.6M

    Total Expenses

    $1.3M

    Typical Grant Size

    Most grants fall between $1.1M and $1.1M, with a median of $1.1M.

    25th Percentile

    $1.1M

    Median

    $1.1M

    75th Percentile

    $1.1M

    Geographic Reach

    Local1 state funded

    About 100% of grants go to recipients in GA.

    Intensidad de financiamiento
    Baja
    Alta
    Sede

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    Topics

    university scholarshipsstudent financial aidcollegiate athletic program supportgeneral university support/operational funding

    Where Albany State University Foundation Makes Grants

    Giving is entirely local and entirely in Georgia: 100% of reported grants go to recipients in the HQ state. The recipient location shown in the recent grants list is Albany, GA, matching the foundation’s university-centered focus. The geographic footprint in the data is narrow and institution-specific rather than multi-state or international. The foundation’s grantmaking lands with Albany State University and university programs in Albany, Georgia.

    Frequently Asked Questions About Albany State University Foundation

    What does Albany State University Foundation Inc. fund?

    It supports Albany State University through scholarships, institutional enrichment, faculty and staff development, and operations management. The recent grant record also shows general support and athletic support alongside scholarship funding.

    What was the foundation’s largest recent grant?

    The latest reported grant was $1,104,409 in 2023 to Albany State University for university scholarship grants, general support, and athletic support.

    Does the foundation accept unsolicited applications?

    Unsolicited applications are accepted for the ASU Foundation Scholarships program. The endowment distributions and institutional enrichment support programs are not listed as accepting unsolicited requests.

    Who receives the foundation’s grants?

    The grants shown go to Albany State University in Albany, GA. The recipient-country distribution is 100% US, and all reported grants in the data land in Georgia.

    How does the foundation usually make grants?

    The available grant-size data shows one observed amount: $1,104,409 at the 25th percentile, median, and 75th percentile. That indicates a single reported grant size in the dataset, all directed to institutional university support.

    Latest 990 Filing

    2023

    Source: IRS Form 990-PF, fiscal year 2023.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    Albany State UniversityAlbany, GA$1,104,4092023For University Scholarship Grants, Genral and Athletic Support

    Albany State University

    $1,104,409
    Albany, GA2023

    For University Scholarship Grants, Genral and Athletic Support