Albany State University Foundation Inc
The Albany State University Foundation, Inc. enhances the academic vision and priorities of ASU through its organized fundraising activities and funds management. The Foundation, a non-profit corporation, is governed by an elected Board of Trustees, whose members serve as advocates for the University and its colleges, schools and programs.Private support funds scholarships, eminent scholar chairs, professorships and the innovative programs that distinguish ASU as an exceptional institution. We know it is our generous donors who will sustain our tradition of academic excellence.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$10.2M
+16.6% YoY
Annual Giving
$690K
-37.5% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$690K
-37.5% YoY
Go deeper than public filings
PRO- Giving trend analysis — growing or declining?
- Organizations like yours that won grants here
- Strategic fit assessment for your organization
- Application timing recommendations
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,178,685 | $8,733,142 | $8,434,724 |
| Revenue | $1,997,259 | $1,600,152 | $1,919,573 |
| Expenses | $907,416 | $1,304,892 | $746,519 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $388,295 | $156,682 | $299,363 |
| 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
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Albany State University Foundation Inc fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
- Similar orgs that won grants here
- GrantGraph™ relationship mapping
- 11M+ connections in GrantGraph™
Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Marion Fedrick | President of ASU | 1 | — |
| Valerie Melton | Executive Director | 20 | — |
| Gregory Hylick | Chair | — | — |
| Rachelle Scott | Vice Chair | — | — |
| TaKeshia Thomas | Treasurer | — | — |
| Bruce Melton | Secretary | — | — |
| Graham Edwards | Board Member | — | — |
| Daniel Simmons | Board Member | — | — |
| Carolyn Jernigan-Glenn | Board Member | — | — |
| Virginia Harris | Board Member | — | — |
| Marvin Laster | Board Member | — | — |
| Virgil Adams | Board Member | — | — |
| Vinson Davis | Board Member | — | — |
| Maria Boynton | Board Member | — | — |
| Mark Johnson | Board Member | — | — |
| Stan Brown | Chief Financial Officer | 40 | — |
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.
What could you do with Albany State University Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Get AI-generated opportunity briefs
- Monitor for new funding opportunities
- Draft a tailored letter of inquiry