Embry-riddle Aeronautical University Inc logo

Embry-riddle Aeronautical University Inc

DAYTONA BEACH, FL EIN: 59-0936101 Website
Education

SEE SCHEDULE O

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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

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

States

FloridaOhioVirginiaWashingtonWisconsin

Cities

AlachuaArlingtonDaytonDaytona BeachExploration ParkJacksonvilleOrlandoOshkoshSeattle

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$223M$446M$668M$891M20202021202220232024
Metric202420232022
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———

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$3M$5M$6M6 grants20205 grants20213 grants20223 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

SPACE FLORIDA$6.0MEXPERIMENTAL AIRCRAFT AS…$75KAIR & SPACE FORCES ASSOC…$25KMUSEUM OF ARTS AND SCIEN…$15KBROWN RIVERFRONT ESPLANA…$10KMUSEUM OF FLIGHT FOUNDAT…$10KDAYTONA REGIONAL CHAMBER…$8KMOTORSPORTS CHARITIES INC$7K

Grant Size Distribution

25 grants across all recorded years

19<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M1$5M+

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

PATRICK BARRY BUTLERPRESIDENT$939KRANDALL B HOWARDSVP & CFO$624KSTEVEN RIDDERHEAD BASKETBALL COACH DB$515KJOHN WATRETCHANCELLOR, WORLDWIDE CAMPUS$509KRODNEY CRUISESVP & COO$465KJAMES GREGORYDEAN, COLLEGE OF ENGINEERING$383KMARIE ANNETTE KARLSS…CHANCELLOR, PRESCOTT CAMPUS$350KKELLY DOWLINGSVP PHILANTHROPY & ALUMNI EN…$325KJASON RUCKERTSVP, ENROLLMENT MGMT/MKTG$313KCHARLES SEVASTOSVICE PRESIDENT & GENERAL COU…$300KBARBARA HOLDERASSOC PROFESSOR OF SCHOOL OF…$294KREBECCA VASQUEZVICE PRESIDENT & CIO$269KRICCARDO BEVILACQUAINTERIM ASSOC DEAN FOR RESEA…$268KBRANDON YOUNGVICE PRESIDENT & CHRO$266KSHANAN GIBSONDEAN, O'MALEY COLLEGE OF BUS…$266KALAN STOLZERDEAN, COLLEGE OF AVIATION$255KJEREMY ERNSTVP, RESEARCH & DOCTORAL PROG…$239KKEVIN KREIDE TERM 10…VICE PRESIDENT, FACILITIES$211KKELLY AUSTINSVP, ACADEMIC AFFAIRS & PROV…$207KFRANCES AYERSFORMER CHANCELLOR, PRESCOTT …$156KLON MOELLER TERM 713…SVP, ACADEMIC AFFAIRS & PROV…$143K

From 2024 filing

NameTitleHoursCompensation
CHARLES DUVABOARD MEMBER2—
DAVID O'MALEYBOARD MEMBER2—
GLENN RITCHEYBOARD MEMBER2—
JAMES HENDERSONBOARD MEMBER - VICE CHAIR5—
JANET KAVANDIBOARD MEMBER2—
JEAN ROSANVALLONBOARD MEMBER2—
JOHN AMOREBOARD MEMBER2—
JON SLANGERUPBOARD MEMBER2—
JOSEPH MARTINBOARD MEMBER - TREASURER3—
KENN RICCIBOARD MEMBER2—
KENNETH DUFOURBOARD MEMBER2—
LEANNE CARETBOARD MEMBER2—
MICHAEL AMALFITANOBOARD MEMBER2—
MORTEZA HOSSEINIBOARD MEMBER - CHAIR5—
NEAL KEATINGBOARD MEMBER2—
SALLY MASONBOARD MEMBER2—
STEVE VARSANOBOARD MEMBER2—
STEVEN NORDLUNDBOARD MEMBER2—
ZANE ROWEBOARD MEMBER - SECRETARY3—
PATRICK BARRY BUTLERPRESIDENT50$939,188
RANDALL B HOWARDSVP & CFO50$623,500
ALAN STOLZERDEAN, COLLEGE OF AVIATION40$255,115
BRANDON YOUNGVICE PRESIDENT & CHRO40$265,914
CHARLES SEVASTOSVICE PRESIDENT & GENERAL COUNSEL40$300,459
JASON RUCKERTSVP, ENROLLMENT MGMT/MKTG40$312,833
JEREMY ERNSTVP, RESEARCH & DOCTORAL PROGRAMS40$239,211
JOHN WATRETCHANCELLOR, WORLDWIDE CAMPUS40$508,633
KELLY AUSTINSVP, ACADEMIC AFFAIRS & PROVOST40$207,413
KELLY DOWLINGSVP PHILANTHROPY & ALUMNI ENGAGEMENT40$324,833
KEVIN KREIDE TERM 10312023VICE PRESIDENT, FACILITIES40$211,023
LON MOELLER TERM 7132023SVP, ACADEMIC AFFAIRS & PROVOST40$142,661
MARIE ANNETTE KARLSSON TERM 7312024CHANCELLOR, PRESCOTT CAMPUS40$349,744
REBECCA VASQUEZVICE PRESIDENT & CIO40$269,472
RODNEY CRUISESVP & COO40$465,352
BARBARA HOLDERASSOC PROFESSOR OF SCHOOL OF GRAD STUDIES40$294,124
JAMES GREGORYDEAN, COLLEGE OF ENGINEERING40$382,645
RICCARDO BEVILACQUAINTERIM ASSOC DEAN FOR RESEARCH & GRAD STUDIES40$267,552
SHANAN GIBSONDEAN, O'MALEY COLLEGE OF BUSINESS40$265,738
STEVEN RIDDERHEAD BASKETBALL COACH DB40$514,635
FRANCES AYERSFORMER CHANCELLOR, PRESCOTT CAMPUS40$155,815

Subject Areas

Focus areas based on grantmaking activity

Education

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Similar funders by location and focus area

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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