Univ of South Alabama Foundation for Research and Commercialization
Further the university of South Alabama's educational, research, and service missions by commercializing intellectual property developed by university faculty.
Key facts about Univ of South Alabama Foundation for Research and Commercialization
- EIN
- 46-5357903
- Latest 990 filing
- Form 990, 2025
- Total assets
- $63,316
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$63K
+9.4% YoY
Revenue
$14K
-9.7% YoY
Expenses
$9K
+123.8% YoY
How Univ of South Alabama Foundation for Research and Commercialization gives
- Giving fell 74% from 2020 to 2023. Method
From the foundation's IRS Form 990 filings. Methodology.
About Univ of South Alabama Foundation for Research and Commercialization
Based on IRS filings
Univ of South Alabama Foundation for Research and Commercialization is a public charity focused on Education, based in Mobile, AL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $63K in total assets.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $181K (2023) to $1.1M (2021). In 2023 it made 1 grant totaling $181K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $1–5M range: 2 grants of 3 (67%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $63,316 | $57,886 | $46,081 |
| Revenue | $14,186 | $15,718 | $188,661 |
| Expenses | $8,756 | $3,913 | $193,666 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS July 29, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS April 8, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS July 24, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS July 31, 2024)
- Added Form 990 for fiscal year 2025 (received by the IRS August 4, 2026)
Leadership & Key People
Officers and directors from IRS filings
Univ of South Alabama Foundation for Research and Commercialization is led by Jo Bonner, President since 2025 (on filings since 2022); none of the 12 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jo Bonner
President
Director & President → President, 2025
On filings since 2022
1 hr/week
No compensation reported
Katherine Alexis Atkins
Chair
New on the 2025 filing
1 hr/week
No compensation reported
David Trent
Director
On filings since 2020
1 hr/week
No compensation reported
Mark Hoffman
Director
On filings since 2020
No compensation reported
Philip Burton
Director
On filings since 2020
1 hr/week
No compensation reported
Glyn Agnew
Director
On filings since 2021
1 hr/week
No compensation reported
Karen Hong
Director
On filings since 2023
1 hr/week
No compensation reported
Lynne Chronister
Former Director
Director & Vice → Former Director, 2025
On filings since 2020
No compensation reported
Polly Stokley
Former Director
Director → Former Director, 2025
On filings since 2022
No compensation reported
Kristen Roberts
Secretary
On filings since 2023
1 hr/week
No compensation reported
Michael Chambers
Former Director
Director & Vice → Former Director, 2025
On filings since 2024
No compensation reported
Allen Parrish
Vice Chair
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (8)
- Former: Arlene Mitchell (2022–2024) — Director & Cha
- Former: G. Scott Weldon (2020–2023) — Director & Secretary
- Former: John Smith (2021–2023) — Director & President
- Former: Andi Kent (2022–2023) — Provost
- Former: Tony Waldrop (2020–2022) — Former Director
- Former: Bill Sisson (2020–2021) — Director
- Former: James Shumock (2020–2021) — Director & Cha
- Former: Victor Gaston (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Univ of South Alabama Foundation for Research and Commercialization
How large is Univ of South Alabama Foundation for Research and Commercialization?
Univ of South Alabama Foundation for Research and Commercialization reported $63K in total assets on its 2025 IRS Form 990. Its revenue that year was $14K.
What is Univ of South Alabama Foundation for Research and Commercialization?
Univ of South Alabama Foundation for Research and Commercialization is a public charity focused on Education, based in Mobile, AL. It holds $63K in total assets as of 2025.
Where does Univ of South Alabama Foundation for Research and Commercialization operate?
Univ of South Alabama Foundation for Research and Commercialization has awarded grants in Alabama.
What is Univ of South Alabama Foundation for Research and Commercialization's EIN?
Univ of South Alabama Foundation for Research and Commercialization's EIN (Employer Identification Number) is 46-5357903. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Univ of South Alabama Foundation for Research and Commercialization by hand.
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