Alcorn State University Foundation Inc

LORMAN, MS EIN: 64-0538018

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.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$60.1M

+6.5% YoY

Annual Giving

$2.6M

+66.4% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$2.6M

+66.4% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$8M$15M$23M$31M2020202220232024
Metric202420232022
Total Assets$60,099,539$56,421,072$56,611,434
Revenue$5,218,970$5,446,055$5,334,604
Expenses$4,177,858$2,593,449$1,805,556
Qualifying Distributions
Net Investment Income$1,854,402$1,609,414$164
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$643K$1M$2M$3M1 grants20201 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

ALCORN STATE UNIVERSITY$2.6M

Grant Size Distribution

4 grants across all recorded years

<$50K$50–100K$100–250K1$250–500K1$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Alcorn State University Foundation Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ROBERT D GAGE IVDIRECTOR0.5
DENSEL FLEMINGDIRECTOR0.5
DR JESSE E MCGEEDIRECTOR0.5
DR SHELBY WILKES DESEASED 122824TREASURER0.5
DR CHARLIE BRIDGESDIRECTOR0.5
DR ANTHONY NEWMANDIRECTOR0.5
NATHANIEL HUGHESDIRECTOR0.5
DR ZAKIYA NICKSDIRECTOR0.5
DR MARCUS WARDEX OFFICIO MEMBER & SECRETARY0.5
CARLA KIRKLANDVICE CHAIRPERSON0.5
LAUREN B MIDDLETONDIRECTOR0.5
DR TRACY COOKEX OFFICIO MEMBER0.5
DR ORPHEUS TRIPLETTDIRECTOR0.5
MIKE MCCORMICKDIRECTOR0.5
DR DENNIS THOMASCHAIRPERSON1
WILBERT JONESDIRECTOR0.5

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Lorman

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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