University of South Alabama Foundation
THE UNIVERSITY OF SOUTH ALABAMA FOUNDATION WAS ESTABLISHED TO SUPPORT THE FUNCTIONS AND ACTIVITIES OF THE UNIVERSITY OF SOUTH ALABAMA. CONTRIBUTIONS ARE MADE DIRECTLY TO THE UNIVERSITY FOR AND IN SUPPORT OF STUDENT SCHOLARSHIPS, FACULTY POSITIONS AND PROGRAMS, AND OTHER
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$458.3M
+9.3% YoY
Annual Giving
$14.6M
+10.4% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$14.6M
+10.4% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $458,334,456 | $419,243,148 | $392,021,424 |
| Revenue | $11,339,312 | $11,851,648 | $13,140,864 |
| Expenses | $20,371,702 | $16,919,092 | $36,444,738 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $10,558,934 | $10,869,553 | $9,671,288 |
| 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 University of South Alabama Foundation 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 |
|---|---|---|---|
| MAXEY J ROBERTS | MANAGING DIRECTOR/BOARD MEMBER | 40 | $362,520 |
| GREGORY LUCE | VICE PRESIDENT/BOARD MEMBER | 1 | — |
| JOHN MCMILLAN | PRESIDENT/BOARD MEMBER | 1 | — |
| LOWELL J BONDS | SECRETARY/BOARD MEMBER | 1 | — |
| ROBERT P HALL | TREASURER/BOARD MEMBER | 1 | — |
| ALEXIS ATKINS | BOARD MEMBER | 1 | — |
| ANJANETTA DAVIS | BOARD MEMBER (BEG. 3/7/2024) | 1 | — |
| ARLENE MITCHELL | BOARD MEMBER | 1 | — |
| D LYNN DYESS | BOARD MEMBER | 1 | — |
| DAMIAN J COLLINS | BOARD MEMBER | 1 | — |
| DON WORD | BOARD MEMBER | 1 | — |
| ELIZABETH VANDEWAA | BOARD MEMBER | 1 | — |
| ISABEL Z BROWN | BOARD MEMBER | 1 | — |
| JAMES H CROSBY | BOARD MEMBER | 1 | — |
| JOHN T WHIDDON | BOARD MEMBER | 1 | — |
| JOSIAH R BONNER JR | BOARD MEMBER | 1 | — |
| MARGARET D YOUNG | BOARD MEMBER (DECEASED 12/11/2023) | 1 | — |
| NOLAN C LEAKE | BOARD MEMBER | 1 | — |
| NORMOND B MCALLISTER JR | BOARD MEMBER | 1 | — |
| OTHA LEE BIGGS | BOARD MEMBER | 1 | — |
| ROBIN MCNAIR | BOARD MEMBER (BEG. 12/11/2023) | 1 | — |
| W ALLEN CARROLL JR | BOARD MEMBER | 1 | — |
| BRAD B ROBERTS | CHIEF FINANCIAL OFFICER | 40 | $263,979 |
| H WADE FAULKNER | INVESTMENT MANAGER | 40 | $187,847 |
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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