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Embry-Riddle Aeronautical University Inc

Foundation · Grantmaker Daytona Beach, FL EIN: 59-0936101 Website

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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.

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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

5states

Share of all 8 itemized 2024 grant dollars.

Cities

Daytona BeachOshkoshSeattleAlachuaArlingtonDaytonExploration ParkJacksonvilleOrlando

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———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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: $6.0MSpace Florida$6.0MExperimental Aircraft Association Inc: $75KExperimental AircraftAssociation Inc$75KAir & Space Forces Association: $25KAir & Space Forces Association$25KMuseum of Arts and Sciences Inc: $15KMuseum of Arts and SciencesInc$15KBrown Riverfront Esplanade Foundation Inc: $10KBrown Riverfront EsplanadeFoundation Inc$10KMuseum of Flight Foundation: $10KMuseum of Flight Foundation$10KDaytona Regional Chamber of Commerce: $8KDaytona Regional Chamber ofCommerce$8KMotorsports Charities Inc: $7KMotorsports 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

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).

RecipientPurposeAmount
SPACE FLORIDA Exploration Park, FLTo 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, WINATIONAL CONVENTION SPONSORSHIP AND SPONSOR STUDENT MEMBERSHIP$75,000
AIR & SPACE FORCES ASSOCIATION Arlington, VAORGANIZATION SPONSORSHIP$25,000
MUSEUM OF ARTS AND SCIENCES INC Daytona Beach, FLEXHIBIT SPONSORSHIP$15,000
BROWN RIVERFRONT ESPLANADE FOUNDATION INC Daytona Beach, FLSPONSOR COMMUNITY PROJECT$10,000
MUSEUM OF FLIGHT FOUNDATION Seattle, WAAWARDS EVENT SPONSORSHIP$10,000
DAYTONA REGIONAL CHAMBER OF COMMERCE Daytona Beach, FLORGANIZATION SPONSORSHIP$7,950
MOTORSPORTS CHARITIES INC Daytona Beach, FLORGANIZATION SPONSORSHIP$7,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Patrick Barry Butler — President: $939KPatrick Barry ButlerPresident$939KRandall B Howard — SVP & CFO: $624KRandall B HowardSVP & CFO$624KSteven Ridder — Head Basketball Coach DB: $515KSteven RidderHead Basketball Coach DB$515KJohn Watret — Chancellor, Worldwide Campus: $509KJohn WatretChancellor, Worldwide Campus$509KRodney Cruise — SVP & COO: $465KRodney CruiseSVP & COO$465KJames Gregory — Dean, College of Engineering: $383KJames GregoryDean, College of Engineering$383KMarie Annette Karlsson Term 7312024 — Chancellor, Prescott Campus: $350KMarie Annette Karlsson…Chancellor, Prescott Campus$350KKelly Dowling — SVP Philanthropy & Alumni Engagement: $325KKelly DowlingSVP Philanthropy & Alumni…$325KJason Ruckert — SVP, Enrollment Mgmt/MKTG: $313KJason RuckertSVP, Enrollment Mgmt/MKTG$313KCharles Sevastos — Vice President & General Counsel: $300KCharles SevastosVice President & General Counsel$300KBarbara Holder — Assoc Professor of School of Grad Studies: $294KBarbara HolderAssoc Professor of School of…$294KRebecca Vasquez — Vice President & CIO: $269KRebecca VasquezVice President & CIO$269KRiccardo Bevilacqua — Interim Assoc Dean for Research & Grad Studies: $268KRiccardo BevilacquaInterim Assoc Dean for Research…$268KBrandon Young — Vice President & Chro: $266KBrandon YoungVice President & Chro$266KShanan Gibson — Dean, O'Maley College of Business: $266KShanan GibsonDean, O'Maley College of…$266KAlan Stolzer — Dean, College of Aviation: $255KAlan StolzerDean, College of Aviation$255KJeremy Ernst — VP, Research & Doctoral Programs: $239KJeremy ErnstVP, Research & Doctoral Programs$239KKevin Kreide Term 10312023 — Vice President, Facilities: $211KKevin Kreide Term…Vice President, Facilities$211KKelly Austin — SVP, Academic Affairs & Provost: $207KKelly AustinSVP, Academic Affairs & Provost$207KFrances Ayers — Former Chancellor, Prescott Campus: $156KFrances AyersFormer Chancellor, Prescott…$156KLon Moeller Term 7132023 — SVP, Academic Affairs & Provost: $143KLon Moeller Term 7132023SVP, Academic Affairs & Provost$143K

From 2024 IRS 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

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.

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