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
Among its reported 2024 grants, the largest include Alcorn State University ($2,570,150).
| Recipient | Purpose | Amount |
|---|---|---|
| ALCORN STATE UNIVERSITY LORMAN, MS | SUPPORT OF UNIVERSITY ADMINISTRATION, ACADEMICS, AND ATHLETICS | $2,570,150 |
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
Frequently Asked Questions
What is Alcorn State University Foundation Inc?
Alcorn State University Foundation Inc is a nonprofit organization focused on Education, based in LORMAN, MS. It holds $60.1M in total assets as of 2024.
How large is Alcorn State University Foundation Inc?
As of 2024, Alcorn State University Foundation Inc holds $60.1M in total assets with $5.2M in annual revenue. It awarded 1 grants totaling $2.6M in 2024.
Where does Alcorn State University Foundation Inc operate?
Alcorn State University Foundation Inc has awarded grants in Mississippi.
What size grants does Alcorn State University Foundation Inc award?
In 2024, Alcorn State University Foundation Inc awarded 1 grants totaling $2.6M — an average of about $2.6M per grant, based on its IRS Form 990 filings.
What is Alcorn State University Foundation Inc's EIN?
Alcorn State University Foundation Inc's EIN (Employer Identification Number) is 64-0538018. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Alcorn State University Foundation Inc'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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