Aiaa Foundation

RESTON, VA EIN: 54-1827596 Website

THE PURPOSE OF THE AIAA FOUNDATION, IN CONJUNCTION WITH AIAA, IS TO ENHANCE AND SUPPORT THE VIABILITY OF THE FUTURE OF THE AEROSPACE PROFESSION, PRACTICING AEROSPACE PROFESSIONALS, AND THE ORGANIZATIONS AND INSTITUTIONS INVOLVED IN AEROSPACE.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$21.2M

+20.4% YoY

Annual Giving

$104K

-50.0% YoY

Grant Count

7

-41.7% YoY

Avg Grant Size

$15K

-14.3% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$5M20202021202220232024
Metric202420232022
Total Assets$21,207,769$17,616,655$16,253,647
Revenue$1,241,653$1,398,786$2,009,354
Expenses$1,166,280$1,761,214$2,464,492
Qualifying Distributions
Net Investment Income$682,224$782,770$939,676
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$52K$104K$155K$207K2 grants20207 grants20218 grants202212 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

GEORGIA INSTITUTE OF TEC…$40KMASSACHUSETTS INSTITUTE …$13KUNIVERSITY OF MARYLAND$13KPRINCETON UNIVERSITY$10KSTANFORD UNIVERSITY$10KUNIVERSITY OF SOUTHERN C…$10KALLEGHENY COUNTY AIRPORT…$8K

Grant Size Distribution

36 grants across all recorded years

35<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Aiaa Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DANIEL L DUMBACHERPRESIDENT & SECRETARY1
KAREN ROSENBLUMSVP, FINANCE, ADMIN & CFO1
MERRIE SCOTTVP, COMMUNITY & PARTNER ENGAGEMENT1
LAURA MCGILLCHAIRMAN1
DANIEL HASTINGSAIAA PRESIDENT1
R STEVEN JUSTICETREASURER1
CARISSA CHRISTINSANTRUSTEE1
HOWARD MCKENZIETRUSTEE1
KRISTI MORGANSENTRUSTEE1
MARY SNITCHTRUSTEE1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

15states
+8 more states

Cities

AtlantaCambridgeChampaignCharlottesvilleCincinnatiCollege ParkDaytona BeachFairfaxFayettevilleGainesvilleIthacaJacksonLos AngelesMayaguezMelbourneNew BrunswickNew YorkPasadenaPittsburghPrinceton

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

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