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 · View filing
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
About Aiaa Foundation
Based on IRS filings
Aiaa Foundation is a nonprofit organization focused on Education, based in RESTON, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $21.2M in total assets. In 2024, it awarded 7 grants totaling $104K. Net investment income was $682K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
36 grants across all recorded years
Open Grants
11 open opportunities from Aiaa Foundation
AIAA Foundation Graduate Awards Program - Abe M. Zarem Graduate Award for Distinguished Achievement Grant
AIAA FOUNDATION
Amount
Varies
Deadline
Rolling / Open
AIAA Foundation Graduate Awards Program - Liquid Propulsion TC Graduate Award Grant
AIAA FOUNDATION
Amount
US $2,500
Deadline
Rolling / Open
AIAA Foundation Graduate Awards Program - Martin Summerfield Propellants and Combustion Graduate Award Grant
AIAA FOUNDATION
Amount
US $1,500
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Georgia Institute of Technology ($40,000), Massachusetts Institute of Technology ($13,000), University of Maryland ($13,000).
| Recipient | Purpose | Amount |
|---|---|---|
| GEORGIA INSTITUTE OF TECHNOLOGY ATLANTA, GA | GENERAL SUPPORT | $40,000 |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY CAMBRIDGE, MA | GENERAL SUPPORT | $13,000 |
| UNIVERSITY OF MARYLAND COLLEGE PARK, MD | GENERAL SUPPORT | $13,000 |
| PRINCETON UNIVERSITY PRINCETON, NY | GENERAL SUPPORT | $10,000 |
| STANFORD UNIVERSITY REDWOOD CITY, CA | GENERAL SUPPORT | $10,000 |
| UNIVERSITY OF SOUTHERN CALIFORNIA LOS ANGELES, CA | GENERAL SUPPORT | $10,000 |
| ALLEGHENY COUNTY AIRPORT AUTHORITY PITTSBURGH, PA | GENERAL SUPPORT | $7,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DANIEL L DUMBACHER | PRESIDENT & SECRETARY | 1 | — |
| KAREN ROSENBLUM | SVP, FINANCE, ADMIN & CFO | 1 | — |
| MERRIE SCOTT | VP, COMMUNITY & PARTNER ENGAGEMENT | 1 | — |
| LAURA MCGILL | CHAIRMAN | 1 | — |
| DANIEL HASTINGS | AIAA PRESIDENT | 1 | — |
| R STEVEN JUSTICE | TREASURER | 1 | — |
| CARISSA CHRISTINSAN | TRUSTEE | 1 | — |
| HOWARD MCKENZIE | TRUSTEE | 1 | — |
| KRISTI MORGANSEN | TRUSTEE | 1 | — |
| MARY SNITCH | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Aiaa Foundation?
Aiaa Foundation is a nonprofit organization focused on Education, based in RESTON, VA. It holds $21.2M in total assets as of 2024.
How large is Aiaa Foundation?
As of 2024, Aiaa Foundation holds $21.2M in total assets with $1.2M in annual revenue. It awarded 7 grants totaling $104K in 2024.
Where does Aiaa Foundation operate?
Aiaa Foundation has awarded grants in Arkansas, California, Florida, Georgia, Illinois, Indiana, Massachusetts, Maryland, New Jersey, New York, Ohio, Pennsylvania, Pr, Virginia, Wyoming.
What size grants does Aiaa Foundation award?
In 2024, Aiaa Foundation awarded 7 grants totaling $104K — an average of about $15K per grant, based on its IRS Form 990 filings.
What is Aiaa Foundation's EIN?
Aiaa Foundation's EIN (Employer Identification Number) is 54-1827596. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Aiaa Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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