Auburn University Real Estate Foundation Inc logo

Auburn University Real Estate Foundation Inc

Public charity · Grantmaker Auburn, AL EIN: 56-2535892 Website

The organization operates for the exclusive benefit of auburn university foundation, a nonprofit corporation which was organized for the support of auburn university, an educational, land-grant institution.

Key facts about Auburn University Real Estate Foundation Inc

In short: Auburn University Real Estate Foundation Inc gave $91K across 1 grant in 2025 (avg $91K), mostly in Alabama. Source: 2025 IRS Form 990.

EIN
56-2535892
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$91,225
Grants made (2025)
1
Average grant
$91,225
Median grant
$91,225
Total assets
$22,979,712
Primary geography
Alabama (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$23.0M

+18.9% YoY

Annual Giving

$91K

-96.1% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$91K

-96.1% YoY

How Auburn University Real Estate Foundation Inc gives

  • Giving fell 24% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About Auburn University Real Estate Foundation Inc

Based on IRS filings

Auburn University Real Estate Foundation Inc is a public charity focused on Education, based in Auburn, AL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $23.0M in total assets. In 2025, it awarded 1 grant totaling $91K. Net investment income was $156K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Auburn

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M2 grants2019 1 grant2020 2 grants2021 2 grants2022 2 grants2023 1 grant2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $91K (2025) to $2.4M (2024). In 2025 it made 1 grant totaling $91K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Auburn University Foundation: $91KAuburn University Foundation$91K

The largest 2025 recipient was Auburn University Foundation ($91K).

Grant Size Distribution

8 grants across all recorded years

1<$50K2$50–100K1$100–250K$250–500K3$500K–1M1$1–5M$5M+

The most common grant size was in the $500K–1M range: 3 grants of 8 (38%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Auburn University Foundation Auburn, ALAcademic Units$91,225

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$22,979,712$19,330,335$21,647,679
Revenue$1,713,685$341,851$4,361,188
Expenses$580,278$2,681,401$1,423,467
Net Investment Income$156,129$-5,130$13,116

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 7, 2024)
  2. Updated Form 990 for fiscal year 2024 (received by the IRS May 29, 2025)
  3. Added Form 990 for fiscal year 2019 (received by the IRS June 30, 2020)
  4. Updated Form 990 for fiscal year 2020 (received by the IRS May 3, 2021)
  5. Updated Form 990 for fiscal year 2021 (received by the IRS May 9, 2022)
  6. Updated Form 990 for fiscal year 2022 (received by the IRS May 5, 2023)
  7. Added Form 990 for fiscal year 2025 (received by the IRS May 20, 2026)

Leadership & Key People

Officers and directors from IRS filings

Auburn University Real Estate Foundation Inc is led by Rob Wellbaum, President on every filing since 2023; 10 of 17 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Rob Wellbaum

    President

    On filings since 2023

    2 hrs/week

    $225K (2023) → $310K (2025)

  • Patrick Henry

    Chair

    Vice Chair → Vice Chair & Treasurer, 2023

    Vice Chair & Treasurer → Chair, 2025

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Lee Sheppard

    Director of Finance

    Assistant Director of Finance → Director of Finance, 2025

    On filings since 2024

    3.3 hrs/week

    $50K (2024) → $55K (2025)

  • David Welch

    Director

    On filings since 2023

    0.3 hrs/week

    No compensation reported

  • John Thomas

    Director

    On filings since 2023

    0.3 hrs/week

    No compensation reported

  • Beau Byrd

    Director

    On filings since 2024

    0.3 hrs/week

    No compensation reported

  • Lacey Lewis

    Director

    New on the 2025 filing

    0.3 hrs/week

    No compensation reported

  • Tee Green

    Director

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

  • Wanda Sperow

    Secretary

    On filings since 2019

    2 hrs/week

    $9K (2021) → $10K (2025)

  • William B. Hughes

    Chief Financial Officer

    Assistant Treasurer → Chief Financial Officer, 2023

    On filings since 2020

    4 hrs/week

    $37K (2021) → $100K (2025)

  • Carolyn Burroughs

    Assistant Treasurer

    On filings since 2023

    6 hrs/week

    $29K (2023) → $92K (2025)

  • Erin Lewis

    Chief Operations Officer

    On filings since 2023

    4 hrs/week

    $219K (2023) → $225K (2025)

  • Laurel Hendrix

    Assistant Secretary

    On filings since 2023

    2 hrs/week

    $34K (2023) → $42K (2025)

  • Jessica Thompson

    Associate Director of Finance

    New on the 2025 filing

    3.3 hrs/week

    $46K (2025)

  • Margaret Arnold

    Associate Vice President

    New on the 2025 filing

    0.8 hrs/week

    $198K (2025)

  • Meridith Collari

    Information Security Officer

    New on the 2025 filing

    0.5 hrs/week

    $13K (2025)

  • Greg Winchester

    Vice Chair

    Director → Vice Chair, 2025

    On filings since 2022

    0.5 hrs/week

    No compensation reported

Former officers (16)
  • Former: Angie Stephens (2019–2024) — Vice President
  • Former: Steve Cates (2019–2024) — Chair
  • Former: John Morris (2021–2024) — President · Filing note: As of 030821
  • Former: Benny Larussa (2023–2024) — Director
  • Former: Timothy Jones (2023–2024) — Iso
  • Former: Charles Saliba (2024) — Technology Architech
  • Former: Steven R. Spencer (2019–2023) — Director
  • Former: Randy Campbell (2021–2023) — Director
  • Former: Walter S. Woltosz (2019–2021) — Chair
  • Former: Chris Roberts (2021) — Former Interim President · Filing note: Thru 030721
  • Former: Jane Difolco Parker (2019–2020) — Former President
  • Former: Jim Hoskins (2019–2020) — Director
  • Former: Mark R. Thomson (2019–2020) — Former Assistant Treasurer
  • Former: Ron Dykes (2019–2020) — Director
  • Former: Christopher B. Roberts (2020) — Interim President
  • Former: Dottie Blair (2020) — Director

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

Rob Wellbaum — President: $310KRob WellbaumPresident$310KErin Lewis — Chief Operations Officer: $225KErin LewisChief Operations Officer$225KMargaret Arnold — Associate Vice President: $198KMargaret ArnoldAssociate Vice President$198KWilliam B Hughes — Chief Financial Officer: $100KWilliam B HughesChief Financial Officer$100KCarolyn Burroughs — Assistant TREASURER(VACATED 6/30/25): $92KCarolyn BurroughsAssistant TREASURER(VACATED…$92KLee Sheppard — Director of Finance: $55KLee SheppardDirector of Finance$55KJessica Thompson — Associate Director of Finance: $46KJessica ThompsonAssociate Director of Finance$46KLaurel Hendrix — Assistant Secretary: $42KLaurel HendrixAssistant Secretary$42KMeridith Collari — Information Security Officer: $13KMeridith CollariInformation Security Officer$13KWanda Sperow — Secretary: $10KWanda SperowSecretary$10K

The highest reported compensation on the 2025 filing was $310K, to Rob Wellbaum (President). 10 officers or directors reported compensation on that filing.

Frequently asked questions about Auburn University Real Estate Foundation Inc

How much does Auburn University Real Estate Foundation Inc give each year?

Auburn University Real Estate Foundation Inc gave $91K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $2.4M across 1 grant.

How large is Auburn University Real Estate Foundation Inc?

Auburn University Real Estate Foundation Inc reported $23.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.7M.

What is Auburn University Real Estate Foundation Inc?

Auburn University Real Estate Foundation Inc is a public charity focused on Education, based in Auburn, AL. It holds $23.0M in total assets as of 2025.

Where does Auburn University Real Estate Foundation Inc operate?

Auburn University Real Estate Foundation Inc has awarded grants in Alabama.

What is Auburn University Real Estate Foundation Inc's EIN?

Auburn University Real Estate Foundation Inc's EIN (Employer Identification Number) is 56-2535892. IRS Form 990 filing data is available on this page for 2019–2025.

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

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