Univ of South Alabama Foundation

Foundation · Grantmaker Mobile, AL EIN: 46-5357903

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

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

Net Investment Income

—

Expenses

$9K

+123.8% YoY

How Univ of South Alabama Foundation gives

  • Giving fell 74% from 2020 to 2023. Method

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

About Univ of South Alabama Foundation

Based on IRS filings

Univ of South Alabama Foundation is a nonprofit organization 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

1state

States

Cities

Mobile

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M1 grants20201 grants20211 grants20221 grants20230 grants20240 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

3 grants across all recorded years

<$50K$50–100K1$100–250K$250–500K$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M202020212022202320242025
Metric202520242023
Total Assets$63,316$57,886$46,081
Revenue$14,186$15,718$188,661
Expenses$8,756$3,913$193,666
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS July 29, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS April 8, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS July 24, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS July 31, 2024)
  5. 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 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

How large is Univ of South Alabama Foundation?

Univ of South Alabama Foundation reported $63K in total assets on its 2025 IRS Form 990. Its revenue that year was $14K.

What is Univ of South Alabama Foundation?

Univ of South Alabama Foundation is a nonprofit organization focused on Education, based in Mobile, AL. It holds $63K in total assets as of 2025.

Where does Univ of South Alabama Foundation operate?

Univ of South Alabama Foundation has awarded grants in Alabama.

What is Univ of South Alabama Foundation's EIN?

Univ of South Alabama Foundation'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.

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