The Aerojet Rocketdyne Foundation is a private foundation based in Melbourne, Florida. The organization supports communities where Aerojet Rocketdyne maintains a business presence, with a strategic emphasis on advancing STEM (Science, Technology, Engineering, Math) education.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$219K
-58.5% YoY
Grant Count
13
-94.6% YoY
Avg Grant Size
$17K
+669.2% YoY
Under IRS private-foundation payout rules, Aerojet Rocketdyne Foundation reported a distributable amount of $245K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary mission centers on supporting communities in areas where Aerojet Rocketdyne operates. Key funding focus areas include:
- STEM Education
- Science and Technology Education
- Education (general)
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation prioritizes grants supporting education nonprofits and science teachers, with particular emphasis on STEM education initiatives.
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Geographic Focus
Where this funder awards grants
The foundation directs its grantmaking primarily to Virginia, Illinois, and Washington.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Most Recent Filing (2024):
- Total assets: $0
- Total giving: $218,558
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $11,727,066 | $12,292,416 |
| Revenue | $475,069 | $162,004 | $896,190 |
| Expenses | $309,118 | $728,354 | $1,654,374 |
| Qualifying Distributions | $245,416 | $616,738 | $1,533,484 |
| Net Investment Income | $410,562 | $233,501 | $780,462 |
| Distributable Amount | $244,637 | $630,868 | $655,321 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
213 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include National Merit Scholarship Corporation ($182,220), The Blackbaud Giving Fund ($29,668), Board of the University of Alabama ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASSUMPTION ST BRIDGET SCHOOL PART OF CATHOLIC ARCHDIOCESE OF SEATTLE SEATTLE, WA | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $470 |
| BISHOP OCONNELL HIGH SCHOOL ARLINGTON, VA | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $500 |
| BOARD OF THE UNIVERSITY OF ALABAMA TUSCALOOSA, AL | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $1,000 |
| CENTRAL MICHIGAN UNIVERSITY MOUNT PLEASANT, MI | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $500 |
| MISSISSIPPI STATE UNIVERSITY FOUNDATION INC MISSISSIPPI STATE, MS | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $1,000 |
| NATIONAL MERIT SCHOLARSHIP CORPORATION EVANSTON, IL | SCHOLARSHIP STIPENDS FOR ALL REMAINING SCHOLARSHIPS THROUGH 2025 PROGRAM | $182,220 |
| NORTHWESTERN UNIVERSITY EVANSTON, IL | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $500 |
| ROSE-HULMAN INSTITUTE OF TECHNOLOGY TERRE HAUTE, IN | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $500 |
| SAINT JOHN PAUL THE GREAT CATHOLIC HIGH SCHOOL DUMFRIES, VA | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $1,000 |
| SCHOOL OF THE ARTS FOUNDATION INC WEST PALM BEACH, FL | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CARMEN ROBERTSON | PRESIDENT | 1 | — |
| KEN BEDINGFIELD | TREASURER | 1 | — |
| SCOTT MIKUEN | SECRETARY | 1 | — |
| MEL RAKITA | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
The Aerojet Rocketdyne Foundation has made notable contributions to educational and cultural institutions, including a $1 million gift to the National Air and Space Museum and a $1 million endowment to the University of Alabama in Huntsville. The foundation celebrated its 20-year anniversary, marking two decades of philanthropic support.
Upcoming Events - Aerojet Rocketdyne Awarded $215.6M to Supplement OngoingSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Aerojet Rocketdyne Foundation fund?
The foundation's primary mission centers on supporting communities in areas where Aerojet Rocketdyne operates. Key funding focus areas include: • STEM Education • Science and Technology Education • Education (general) • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from Aerojet Rocketdyne Foundation?
**Grant Activity:** • Total giving (2024): $218,558 • Typical award range: $30–$1,000,000 • The foundation filed a final return as of 2024 **Grant Focus:** The foundation prioritizes grants supporting education nonprofits and science teachers, with particular emphasis on STEM education initiatives.
Where does Aerojet Rocketdyne Foundation make grants?
The foundation directs its grantmaking primarily to Virginia, Illinois, and Washington.
What size grants does Aerojet Rocketdyne Foundation award?
In 2024, Aerojet Rocketdyne Foundation awarded 13 grants totaling $219K — an average of about $17K per grant, based on its IRS Form 990 filings.
How much is Aerojet Rocketdyne Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Aerojet Rocketdyne Foundation reported a distributable amount of $245K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Aerojet Rocketdyne Foundation's EIN?
Aerojet Rocketdyne Foundation's EIN (Employer Identification Number) is 68-0441559. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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