Alabama State University Trust
THE TRUST SEEKS TO SUPPORT AND IMPROVE EDUCATIONAL EXCELLENCE AT ALABAMA STATE UNIVERSITY (THE UNIVERSITY) THROUGH THE FOLLOWING: (1) GRANTING OF ACADEMIC SCHOLARSHIPS AT THE UNIVERSITY, (2) ENDOWMENT OF ACADEMIC CHAIRS, (3) SUBSIDIZING OF CURRENT FACULTY POSITIONS AND (4) PAYMENT OF FEES AND EXPENSES FOR CAMPUS LECTURES AND LECTURE SERIES ON THE UNIVERSITY'S CAMPUS.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$113.1M
+7.0% YoY
Annual Giving
$2.3M
Grant Count
1
Avg Grant Size
$2.3M
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $113,149,368 | $105,702,662 | $101,922,073 |
| Revenue | $5,940,422 | $-1,908,486 | $5,237,608 |
| Expenses | $2,996,033 | $2,682,272 | $1,038,002 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $5,905,979 | $-2,008,256 | $5,161,915 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Alabama State University Trust fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRENDA HUNTER | PRESIDENT | — | — |
| DELBERT MADISON | PRESIDENT PROTEM | 1 | — |
| NAPOLEON BRACY JR | MEMBER | 1 | — |
| PAULETTE EDWARDS | MEMBER | 1 | — |
| LARAUNCE FLEMING | MEMBER | 1 | — |
| GEORGE GORE | MEMBER | 1 | — |
| DARRELL L HUDSON | MEMBER | 1 | — |
| MARIO LUMZY | MEMBER | 1 | — |
| TIFFANY B MCCORD | MEMBER | 1 | — |
| ANGELA MCKENZIE | MEMBER | 1 | — |
| LARRY MEANS | MEMBER | 1 | — |
| CHRISTOPHER SPENCER | MEMBER | 1 | — |
| PAMELA J WARE | MEMBER | 1 | — |
| JOE WHITT SR | MEMBER | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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