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ALBANY STATE UNIVERSITY FOUNDATION INC

EIN 23-7032763 ALBANY, GA

Revenue 2024
$3,933,675
Expenses 2024
$3,037,524

Program services were 94.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
W00F
Classification
1200
Street
504 COLLEGE DR

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Bruce Melton

    Secretary

    Total calculated
    $0
    Hours/week
    0.5

  • Gregory Hylick

    Chairman

    Total calculated
    $0
    Hours/week
    0.5

  • Rachelle Scott

    Vice Chairman

    Total calculated
    $0
    Hours/week
    0.5

  • TaKeshia Thomas

    Treasurer

    Total calculated
    $0
    Hours/week
    0.5

  • Daniel Simmons

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Graham Edwards

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Lawrence Drake III

    Interim President of ASU

    Total calculated
    $190,903
    From this org
    $0
    From related orgs
    $164,233
    Other
    $26,670
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $143,633 related
    Bonus
    $0
    Other
    $0 + $20,600 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $26,670 related
    Filer's total
    $0 + $190,903 related

  • Maria Boynton

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Marion Federick

    President of ASU, outgoing

    Total calculated
    $235,516
    From this org
    $0
    From related orgs
    $182,068
    Other
    $53,448
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $161,468 related
    Bonus
    $0
    Other
    $0 + $20,600 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $53,448 related
    Filer's total
    $0 + $235,516 related

  • Mark Johnson

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Marvin Laster

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Robert Scott

    President of ASU, incoming

    Total calculated
    $0
    Hours/week
    1 + 39 related

  • Vinson Davis

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Virgil Adams

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Virginia Harris

    Board Member

    Total calculated
    $0
    Hours/week
    0.5

  • Valerie Melton

    Executive Director

    Total calculated
    $203,800
    From this org
    $0
    From related orgs
    $168,500
    Other
    $35,300
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $168,500 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $35,300 related
    Filer's total
    $0 + $203,800 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $3,933,675
    Expenses
    $3,037,524
    Contributions
    $3,316,949
    Grants paid
    $2,611,532
  • 2023
    Revenue
    $1,997,259
    Expenses
    $907,416
    Contributions
    $1,607,521
    Grants paid
    $690,000
  • 2022
    Revenue
    $1,600,152
    Expenses
    $1,304,892
    Contributions
    $1,454,713
    Grants paid
    $1,104,409

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Grants made

Where these grants went next →

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 10 September 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.