Academic Assets Inc
Academic Assets, inc. Is a holding company for academic properties, inc. To maximize drexel university real estate holdings to their fullest strategic value with emphasis on serving the university community.
Academic Assets Inc at a glance
- Total assets
- $36,247,741
- +7.5% vs 2024
- Revenue (2025)
- $12,032
- -7.0% vs 2024
- Net investment income (2025)
- $12,032
- -7.0% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Academic Assets Inc funds
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2024 it made 1 grant totaling $45K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Academic Properties Inc Philadelphia, PA | Voluntary Contribution to Affiliate | $45,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $36,247,741 | $12,032 | — | — | — | $12,032 |
| 2024 | $33,725,471 | $12,943 | $45,000 | $45,000 | 1 | $12,943 |
| 2023 | $31,169,320 | $12,128 | — | — | — | $12,128 |
| 2022 | $28,316,826 | $11,828 | — | — | — | $11,828 |
| 2021 | $26,076,806 | $11,828 | — | — | — | $11,828 |
| 2020 | $24,127,898 | $7,681 | — | — | — | $7,681 |
About Academic Assets Inc
Based on IRS filings
Academic Assets Inc is a public charity, based in Philadelphia, PA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $36.2M in total assets. Net investment income was $12K.
Leadership & Key People
Officers and directors from IRS filings
Academic Assets Inc is led by Helen Y. Bowman, President & Treasurer since 2021 (on filings since 2020); none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Helen Y. Bowman
President & Treasurer
Director, President & Treasurer → President & Treasurer, 2021
On filings since 2020
1 hr/week
No compensation reported
John A. Fry
Chairman of the Board
Director & Chairman → Chairman of the Board, 2021
On filings since 2020
1 hr/week
No compensation reported
Donald Liberati
Director
On filings since 2023
1 hr/week
No compensation reported
Denis O'Brien
Director
New on the 2025 filing
1 hr/week
No compensation reported
Alan Greenberger
Vice President
On filings since 2021
1 hr/week
No compensation reported
Rebecca Lacher
Secretary
On filings since 2021
1 hr/week
No compensation reported
Former officers (4)
- Former: Lucy E. Kerman To (2023) — Director
- Former: Lucy E. Kerman (2020–2022) — Director
- Former: Donald E. Moore (2020–2021) — Vice President
- Former: Melissa W. Brown (2020) — Secretary
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Academic Assets Inc
How large is Academic Assets Inc?
Academic Assets Inc reported $36.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $12K.
Where does Academic Assets Inc operate?
Academic Assets Inc has awarded grants in Pennsylvania.
What is Academic Assets Inc's EIN?
Academic Assets Inc's EIN (Employer Identification Number) is 23-2455915. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS May 14, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
Other open foundation grants in Pennsylvania
Pennsylvania Open opportunities, soonest deadline first.
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Academic Assets Inc down — hundreds of funders to go?