THE FOUNDATION IS A NON-PROFIT ORGANZATION THAT AIDS THE UNIVERSITY IN PROMOTING AND CULTURAL WELFARE, DEVELOPING AND EXPANDING FACILITIES, AND FACILITATING STUDIES, RESEARCH, AND OTHER ACADEMIC PERSUITS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$60.1M
+6.5% YoY
Annual Giving
$2.6M
+66.4% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$2.6M
+66.4% YoY
About Alcorn State University Foundation Inc
Based on IRS filings
Alcorn State University Foundation Inc is a nonprofit organization focused on Education, based in LORMAN, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $60.1M in total assets. In 2024, it awarded 1 grants totaling $2.6M. Net investment income was $1.9M.
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 | $60,099,539 | $56,421,072 | $56,611,434 |
| Revenue | $5,218,970 | $5,446,055 | $5,334,604 |
| Expenses | $4,177,858 | $2,593,449 | $1,805,556 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,854,402 | $1,609,414 | $164 |
| 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
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT D GAGE IV | DIRECTOR | 0.5 | — |
| DENSEL FLEMING | DIRECTOR | 0.5 | — |
| DR JESSE E MCGEE | DIRECTOR | 0.5 | — |
| DR SHELBY WILKES DESEASED 122824 | TREASURER | 0.5 | — |
| DR CHARLIE BRIDGES | DIRECTOR | 0.5 | — |
| DR ANTHONY NEWMAN | DIRECTOR | 0.5 | — |
| NATHANIEL HUGHES | DIRECTOR | 0.5 | — |
| DR ZAKIYA NICKS | DIRECTOR | 0.5 | — |
| DR MARCUS WARD | EX OFFICIO MEMBER & SECRETARY | 0.5 | — |
| CARLA KIRKLAND | VICE CHAIRPERSON | 0.5 | — |
| LAUREN B MIDDLETON | DIRECTOR | 0.5 | — |
| DR TRACY COOK | EX OFFICIO MEMBER | 0.5 | — |
| DR ORPHEUS TRIPLETT | DIRECTOR | 0.5 | — |
| MIKE MCCORMICK | DIRECTOR | 0.5 | — |
| DR DENNIS THOMAS | CHAIRPERSON | 1 | — |
| WILBERT JONES | DIRECTOR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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