Alabama Association of Independent Colleges and Universities logo

Alabama Association of Independent Colleges and Universities

Public charity · Grantmaker Montgomery, AL EIN: 63-0422143 Website

The Alabama Association of Independent is a public charity based in Montgomery, Alabama. Its website identifies the organization as the Alabama Association of Independent Colleges and Universities (AAICU), which promotes independent higher education in Alabama and oversees scholarship fundraising for students at member schools.

Key facts about Alabama Association of Independent Colleges and Universities

In short: Alabama Association of Independent Colleges and Universities gave $78K across 12 grants in 2025 (avg $7K). 0% of 2025 grantees were new. Source: 2025 IRS Form 990.

EIN
63-0422143
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$78,000
Grants made (2025)
12
Average grant
$6,500
Median grant
$6,500
New grantees (estimate)
0% first-time grantees (0 of 12, 2025; small sample)
Total assets
$814,464

Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$814K

+11.0% YoY

Annual Giving

$78K

-3.2% YoY

Grant Count

12

-7.7% YoY

Avg Grant Size

$7K

+4.8% YoY

Is Alabama Association of Independent Colleges and Universities open to new grantees?

0%

first-time grantees, 2025

In 2025, 0 of 12 grantees (0%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. How we count

  • 100% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+1%). Method

Estimate from itemized grant lists in IRS Form 990 filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The organization’s stated mission is to build support for Alabama’s independent colleges and universities and promote appreciation of independent higher education and its importance to Alabama’s and the nation’s educational, cultural, and economic needs.

Its stated activities include raising and distributing scholarship funds for students attending member schools, supporting member institutions, and providing a collective voice on policy matters. The website says eligible members are private, nonprofit, tax-exempt colleges with primary campuses in Alabama and accreditation by the Southern Association of Colleges and Schools. It also says the association represents 12 independent colleges and universities across Alabama.

Grantmaking

In filing year 2025, the association reported 12 grants totaling $78,000. Each grant was $6,500. The filing lists scholarships to Amridge University, Faulkner University, Huntingdon College, Miles College, Oakwood University, Samford University, Spring Hill College, Stillman College, Talladega College, Tuskegee University, University of Mobile, and US Sports Academy.

The association’s 2024 filing says eligible private colleges may apply for membership; the association then solicits business contributions and distributes them to member colleges and universities as scholarships.

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Geographic Focus

Where this funder awards grants

The association’s website describes its work as serving independent higher education in Alabama. Its 2025 filing reports that 100% of grant dollars went to recipients in one state, but the state is not identified in the filing information provided.

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K14 grants2019 14 grants2020 13 grants2021 12 grants2022 11 grants2023 13 grants2024 12 grants2025

From 2019 to 2025, annual grant giving ranged from $67K (2023) to $91K (2021). In 2025 it made 12 grants totaling $78K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Amridge University: $7KAmridge University$7KFaulkner University: $7KFaulkner University$7KHuntingdon College: $7KHuntingdon College$7KMiles College: $7KMiles College$7KOakwood University: $7KOakwood University$7KSamford University: $7KSamford University$7KSpring Hill College: $7KSpring Hill College$7KStillman College: $7KStillman College$7KTalladega College: $7KTalladega College$7KTuskegee University: $7KTuskegee University$7K

The largest 2025 recipient was Amridge University ($7K). Together the top 10 received $65K.

Grant Size Distribution

61 grants across all recorded years

61<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 61 grants of 61 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Amridge University Scholarships$6,500
Faulkner University Scholarships$6,500
Huntingdon College Scholarships$6,500
Miles College Scholarships$6,500
Oakwood University Scholarships$6,500
Samford University Scholarships$6,500
Spring Hill College Scholarships$6,500
Stillman College Scholarships$6,500
Talladega College Scholarships$6,500
Tuskegee University Scholarships$6,500

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $814,464 $580,036 $533,311 $78,000
2024 $734,060 $591,013 $536,415 $80,600
2023 $667,084 $564,594 $489,390 $67,200
Revenue
Expenses
Net Investment Income
$0$200K$400K$600K$800K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$814,464$734,060$667,084
Revenue$580,036$591,013$564,594
Expenses$533,311$536,415$489,390
Net Investment Income$62,425$76,938$35,317

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
  2. Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
  3. Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
  4. Added Form 990 for fiscal year 2019 (received by the IRS May 15, 2020)
  5. Updated Form 990 for fiscal year 2020 (received by the IRS May 17, 2021)
  6. Added Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
  7. Updated Form 990 for fiscal year 2022 (received by the IRS May 11, 2023)

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists the following people as academic board members: Dr. Michael C. Turner, Dr. Mitch Henry, Dr. Anthony Leigh, Dr. Bobbie Knight, Dr. Gina Spivey-Brown, Dr. Beck Taylor, Dr. Mary H. Van Brunt, Dr. Yolanda Page, Dr. Willie L. Todd Jr., and Dr. Mark Brown.

Alabama Association of Independent Colleges and Universities is led by General Paul Hankins, President since 2025 (on filings since 2019); 1 of 18 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • General Paul Hankins

    President

    Executive Director → President, 2025

    On filings since 2019

    40 hrs/week

    $193K (2020) → $181K (2025)

  • Dave Borden

    Business Board Member

    Business Board Member → Academic Board Member, 2022

    Academic Board Member → Business Board Member, 2024

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Harrell Freeman

    Business Board Member

    Business Board Member → Academic Board Member, 2022

    Academic Board Member → Business Board Member, 2023

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Michael C. Turner

    Academic Board Member

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Mike Dunn

    Business Board Member

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Miller Kreider

    Business Board Member

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Bobbie Knight

    Academic Board Member

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Beck Taylor

    Academic Board Member

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Mitch Henry

    Academic Board Member

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Mary H. Van Brunt

    Academic Board Member

    On filings since 2023

    0.5 hrs/week

    No compensation reported

  • Steve Condon

    Academic Board Member

    On filings since 2023

    0.5 hrs/week

    No compensation reported

  • Anthony Leigh

    Academic Board Member

    On filings since 2024

    0.5 hrs/week

    No compensation reported

  • Charles Smith Jr.

    Academic Board Member

    On filings since 2024

    0.5 hrs/week

    No compensation reported

  • Mark Brown

    Academic Board Member

    On filings since 2024

    0.5 hrs/week

    No compensation reported

  • Mark Colson

    Business Board Member

    On filings since 2024

    0.5 hrs/week

    No compensation reported

  • Yolanda Page

    Academic Board Member

    On filings since 2024

    0.5 hrs/week

    No compensation reported

  • Gina Spivey-Brown

    Academic Board Member

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

  • Willie L. Todd Jr.

    Academic Board Member

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

Former officers (21)
  • Former: Leslie Pollard (2019–2024) — Academic Board Member
  • Former: Walter M. Kimbrough (2024) — Academic Board Member
  • Former: Cam West (2019–2023) — Academic Board Member
  • Former: Cynthia Warrick (2019–2023) — Academic Board Member
  • Former: Daniel Coleman (2019–2023) — Academic Board Member
  • Former: Lonnie Burnett (2019–2023) — Academic Board Member
  • Former: Robert Campbell III (2019–2023) — Business Board Member
  • Former: Charlotte Morris (2022–2023) — Academic Board Member
  • Former: Gregory Vincent (2022–2023) — Academic Board Member
  • Former: Chap Jackson (2019–2022) — Business Board Member
  • Former: E. Joseph Lee II (2019–2022) — Academic Board Member
  • Former: Thomas J. Rosandich (2019–2022) — Academic Board Member
  • Former: Andrew Westmoreland (2019–2021) — Academic Board Member
  • Former: Barret Shelton Jr. (2019–2021) — Business Board Member
  • Former: Billy C. Hawkins (2019–2021) — Academic Board Member
  • Former: John Barnett III (2019–2021) — Business Board Member
  • Former: Lily D. McNair (2019–2021) — Academic Board Member
  • Former: Mark Tew (2019–2021) — Academic Board Member
  • Former: Melissa Noland Davis (2019–2021) — Business Board Member
  • Former: Michael D. Williams (2019–2021) — Academic Board Member
  • Former: George T. French Jr. (2019) — Academic Board Member

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

General Paul Hankins — President: $181KGeneral Paul HankinsPresident$181K

The highest reported compensation on the 2025 filing was $181K, to General Paul Hankins (President).

Contact

Mailing address: 4266 Lomac Street, Montgomery, AL 36106
Phone: (334) 356-2220
Website: https://aaicu.net

Frequently asked questions about Alabama Association of Independent Colleges and Universities

How much does Alabama Association of Independent Colleges and Universities give each year?

Alabama Association of Independent Colleges and Universities gave $78K across 12 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $81K across 13 grants.

What is Alabama Association of Independent Colleges and Universities's typical grant size?

Alabama Association of Independent Colleges and Universities's median grant in 2025 was $6,500, and its average grant was $6,500, across 12 grants on its 2025 IRS Form 990.

Does Alabama Association of Independent Colleges and Universities give general operating support?

Not in 2025: none of the 12 grants with a stated purpose on Alabama Association of Independent Colleges and Universities's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Scholarships" (12 grants).

Who are Alabama Association of Independent Colleges and Universities's largest grantees?

Alabama Association of Independent Colleges and Universities's largest 2025 grantees include Amridge University ($6,500), Faulkner University ($6,500) and Huntingdon College ($6,500), according to its 2025 IRS Form 990. Together they received 25% of its itemized 2025 grant dollars.

How large is Alabama Association of Independent Colleges and Universities?

Alabama Association of Independent Colleges and Universities reported $814K in total assets on its 2025 IRS Form 990. Its revenue that year was $580K.

What does Alabama Association of Independent Colleges and Universities fund?

The organization’s stated mission is to build support for Alabama’s independent colleges and universities and promote appreciation of independent higher education and its importance to Alabama’s and the nation’s educational, cultural, and economic needs. See mission & focus areas ↑

How do I apply for a grant from Alabama Association of Independent Colleges and Universities?

Alabama Association of Independent Colleges and Universities has no public application process in the sources Grantable reviewed. Check aaicu.net for current guidelines, or contact the foundation directly before submitting a request.

Where does Alabama Association of Independent Colleges and Universities make grants?

The association’s website describes its work as serving independent higher education in Alabama. Its 2025 filing reports that 100% of grant dollars went to recipients in one state, but the state is not identified in the filing information provided.

What is Alabama Association of Independent Colleges and Universities's EIN?

Alabama Association of Independent Colleges and Universities's EIN (Employer Identification Number) is 63-0422143. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

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