THE TRUST SEEKS TO SUPPORT AND IMPROVE EDUCATIONAL EXCELLENCE AT ALABAMA STATE UNIVERSITY (THE UNIVERSITY) THROUGH THE FOLLOWING: (1) GRANTING OF ACADEMIC SCHOLARSHIPS AT THE UNIVERSITY, (2) ENDOWMENT OF ACADEMIC CHAIRS, (3) SUBSIDIZING OF CURRENT FACULTY POSITIONS AND (4) PAYMENT OF FEES AND EXPENSES FOR CAMPUS LECTURES AND LECTURE SERIES ON THE UNIVERSITY'S CAMPUS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$113.1M
+7.0% YoY
Annual Giving
$2.3M
Grant Count
1
Avg Grant Size
$2.3M
About Alabama State University Trust
Based on IRS filings
Alabama State University Trust is a nonprofit organization focused on Education, based in MONTGOMERY, AL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $113.1M in total assets. In 2024, it awarded 1 grants totaling $2.3M. Net investment income was $5.9M.
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 | $113,149,368 | $105,702,662 | $101,922,073 |
| Revenue | $5,940,422 | $-1,908,486 | $5,237,608 |
| Expenses | $2,996,033 | $2,682,272 | $1,038,002 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $5,905,979 | $-2,008,256 | $5,161,915 |
| 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 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Alabama State University ($2,250,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALABAMA STATE UNIVERSITY MONTGOMERY, AL | GENERAL SUPPORT | $2,250,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRENDA HUNTER | PRESIDENT | — | — |
| DELBERT MADISON | PRESIDENT PROTEM | 1 | — |
| NAPOLEON BRACY JR | MEMBER | 1 | — |
| PAULETTE EDWARDS | MEMBER | 1 | — |
| LARAUNCE FLEMING | MEMBER | 1 | — |
| GEORGE GORE | MEMBER | 1 | — |
| DARRELL L HUDSON | MEMBER | 1 | — |
| MARIO LUMZY | MEMBER | 1 | — |
| TIFFANY B MCCORD | MEMBER | 1 | — |
| ANGELA MCKENZIE | MEMBER | 1 | — |
| LARRY MEANS | MEMBER | 1 | — |
| CHRISTOPHER SPENCER | MEMBER | 1 | — |
| PAMELA J WARE | MEMBER | 1 | — |
| JOE WHITT SR | MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Alabama State University Trust?
Alabama State University Trust is a nonprofit organization focused on Education, based in MONTGOMERY, AL. It holds $113.1M in total assets as of 2024.
How large is Alabama State University Trust?
As of 2024, Alabama State University Trust holds $113.1M in total assets with $5.9M in annual revenue. It awarded 1 grants totaling $2.3M in 2024.
Where does Alabama State University Trust operate?
Alabama State University Trust has awarded grants in Alabama.
What size grants does Alabama State University Trust award?
In 2024, Alabama State University Trust awarded 1 grants totaling $2.3M — an average of about $2.3M per grant, based on its IRS Form 990 filings.
What is Alabama State University Trust's EIN?
Alabama State University Trust's EIN (Employer Identification Number) is 31-1635334. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Alabama State University Trust'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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