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Key facts about Embry-Riddle Aeronautical University Inc
- EIN
- 59-0936101
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $6,149,950
- Grants made (2024)
- 8
- Average grant
- $768,744
- Median grant
- $12,500
- Total assets
- $1,592,608,509
- Primary geography
- Florida (98% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Embry-Riddle Aeronautical University Inc funds
By grant dollars, the top recipient states for Embry-Riddle Aeronautical University Inc's 8 itemized 2024 grants were Florida (98%). The most frequent recipient cities were Daytona Beach, FL (4 grants). None of its 8 grants with a stated purpose were described as general or operating support. Recurring purposes include "Organization Sponsorship" (3 grants).
How Embry-Riddle Aeronautical University Inc gives
- Giving grew 6208% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Embry-Riddle Aeronautical University Inc
- How to evaluate Embry-Riddle Aeronautical University Inc as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6B
+10.4% YoY
Annual Giving
$6.1M
+6959.7% YoY
Grant Count
8
+166.7% YoY
Avg Grant Size
$769K
+2547.4% YoY
About Embry-Riddle Aeronautical University Inc
Based on IRS filings
Embry-Riddle Aeronautical University Inc is a nonprofit organization focused on Education, based in Daytona Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6B in total assets. In 2024, it awarded 8 grants totaling $6.1M. Net investment income was $42.3M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 8 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,592,608,509 | $1,443,112,700 | $1,324,755,345 |
| Revenue | $810,190,212 | $702,956,238 | $704,944,658 |
| Expenses | $669,093,223 | $601,659,234 | $573,049,513 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $42,342,867 | $22,431,014 | $14,444,543 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Space Florida ($6,000,000), Experimental Aircraft Association Inc ($75,000), Air & Space Forces Association ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SPACE FLORIDA Exploration Park, FL | To increase the University's research opportunities and collaborations with industry, and increase student demand and world-class job opportunities for its graduates. | $6,000,000 |
| EXPERIMENTAL AIRCRAFT ASSOCIATION INC Oshkosh, WI | NATIONAL CONVENTION SPONSORSHIP AND SPONSOR STUDENT MEMBERSHIP | $75,000 |
| AIR & SPACE FORCES ASSOCIATION Arlington, VA | ORGANIZATION SPONSORSHIP | $25,000 |
| MUSEUM OF ARTS AND SCIENCES INC Daytona Beach, FL | EXHIBIT SPONSORSHIP | $15,000 |
| BROWN RIVERFRONT ESPLANADE FOUNDATION INC Daytona Beach, FL | SPONSOR COMMUNITY PROJECT | $10,000 |
| MUSEUM OF FLIGHT FOUNDATION Seattle, WA | AWARDS EVENT SPONSORSHIP | $10,000 |
| DAYTONA REGIONAL CHAMBER OF COMMERCE Daytona Beach, FL | ORGANIZATION SPONSORSHIP | $7,950 |
| MOTORSPORTS CHARITIES INC Daytona Beach, FL | ORGANIZATION SPONSORSHIP | $7,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Charles Duva | Board Member | 2 | — |
| David O'Maley | Board Member | 2 | — |
| Glenn Ritchey | Board Member | 2 | — |
| James Henderson | Board Member - Vice Chair | 5 | — |
| Janet Kavandi | Board Member | 2 | — |
| Jean Rosanvallon | Board Member | 2 | — |
| John Amore | Board Member | 2 | — |
| Jon Slangerup | Board Member | 2 | — |
| Joseph Martin | Board Member - Treasurer | 3 | — |
| Kenn Ricci | Board Member | 2 | — |
| Kenneth Dufour | Board Member | 2 | — |
| Leanne Caret | Board Member | 2 | — |
| Michael Amalfitano | Board Member | 2 | — |
| Morteza Hosseini | Board Member - Chair | 5 | — |
| Neal Keating | Board Member | 2 | — |
| Sally Mason | Board Member | 2 | — |
| Steve Varsano | Board Member | 2 | — |
| Steven Nordlund | Board Member | 2 | — |
| Zane Rowe | Board Member - Secretary | 3 | — |
| Patrick Barry Butler | President | 50 | $939,188 |
| Randall B Howard | SVP & CFO | 50 | $623,500 |
| Alan Stolzer | Dean, College of Aviation | 40 | $255,115 |
| Brandon Young | Vice President & Chro | 40 | $265,914 |
| Charles Sevastos | Vice President & General Counsel | 40 | $300,459 |
| Jason Ruckert | SVP, Enrollment Mgmt/MKTG | 40 | $312,833 |
| Jeremy Ernst | VP, Research & Doctoral Programs | 40 | $239,211 |
| John Watret | Chancellor, Worldwide Campus | 40 | $508,633 |
| Kelly Austin | SVP, Academic Affairs & Provost | 40 | $207,413 |
| Kelly Dowling | SVP Philanthropy & Alumni Engagement | 40 | $324,833 |
| Kevin Kreide Term 10312023 | Vice President, Facilities | 40 | $211,023 |
| Lon Moeller Term 7132023 | SVP, Academic Affairs & Provost | 40 | $142,661 |
| Marie Annette Karlsson Term 7312024 | Chancellor, Prescott Campus | 40 | $349,744 |
| Rebecca Vasquez | Vice President & CIO | 40 | $269,472 |
| Rodney Cruise | SVP & COO | 40 | $465,352 |
| Barbara Holder | Assoc Professor of School of Grad Studies | 40 | $294,124 |
| James Gregory | Dean, College of Engineering | 40 | $382,645 |
| Riccardo Bevilacqua | Interim Assoc Dean for Research & Grad Studies | 40 | $267,552 |
| Shanan Gibson | Dean, O'Maley College of Business | 40 | $265,738 |
| Steven Ridder | Head Basketball Coach DB | 40 | $514,635 |
| Frances Ayers | Former Chancellor, Prescott Campus | 40 | $155,815 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Embry-Riddle Aeronautical University Inc?
Embry-Riddle Aeronautical University Inc is a nonprofit organization focused on Education, based in Daytona Beach, FL. It holds $1.6B in total assets as of 2024.
How large is Embry-Riddle Aeronautical University Inc?
As of 2024, Embry-Riddle Aeronautical University Inc holds $1.6B in total assets with $810.2M in annual revenue. It awarded 8 grants totaling $6.1M in 2024.
Where does Embry-Riddle Aeronautical University Inc operate?
Embry-Riddle Aeronautical University Inc has awarded grants in Florida, Ohio, Virginia, Washington, Wisconsin.
What size grants does Embry-Riddle Aeronautical University Inc award?
In 2024, Embry-Riddle Aeronautical University Inc awarded 8 grants totaling $6.1M — an average of about $769K per grant, based on its IRS Form 990 filings.
What is Embry-Riddle Aeronautical University Inc's EIN?
Embry-Riddle Aeronautical University Inc's EIN (Employer Identification Number) is 59-0936101. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.