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Florida Agricultural & Mechanical Univ Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 596175096 ✦ Tallahassee, FL ✦ Designated as a 501(c)(3)

Overview

What is Florida Agricultural & Mechanical Univ Foundation Inc?

Florida Agricultural & Mechanical Univ Foundation Inc is a nonprofit organization located in Tallahassee, Florida, with the address 625 E Tennessee Street Suite 100. Its primary mission is to support Florida A&M University by managing and administering funds for various schools, colleges, institutes, units, and programs within the university. This includes expenses related to guest speakers, conferences, operational costs, travel, events, and consulting services. Additionally, the foundation provides faculty and staff support, such as salaries, professional development training, and seminars/conferences for endowed chairs, professorships, and adjunct faculty and staff. The Foundation's goal is to aid in the advancement of Florida Agricultural and Mechanical University's objectives and purposes.


Official website here: www.famu.edu/index.cfm?givetofamu&foun

Is Florida Agricultural & Mechanical Univ Foundation Inc legitimate?

Florida Agricultural & Mechanical Univ Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Agricultural & Mechanical Univ Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $549,960
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,803,508

For more financial information, click here


Official website here: www.famu.edu/index.cfm?givetofamu&foun

What is the mission statement of Florida Agricultural & Mechanical Univ Foundation Inc?

The Florida Agricultural & Mechanical Univ Foundation Inc exists to support the goals and objectives of Florida Agricultural and Mechanical University. Through university advancement efforts, the Foundation assists in the receipt and administration of funds that contribute to various aspects of the institution. These funds may be allocated towards expenses related to guest speakers, conferences, operational costs, travel, events, and consulting services. Furthermore, the Foundation provides faculty and staff support, which can include salary compensation, professional development opportunities, and training seminars and conferences for endowed chairs, professorships, and adjunct faculty and staff. In essence, the Florida Agricultural & Mechanical Univ Foundation Inc plays a crucial role in enhancing the University's educational environment and academic pursuits.


Official website here: www.famu.edu/index.cfm?givetofamu&foun

Who is the CEO of Florida Agricultural & Mechanical Univ Foundation Inc?

Shawnta Friday-Stroud is the Principal Officer of Florida Agricultural & Mechanical Univ Foundation Inc.


Official website here: www.famu.edu/index.cfm?givetofamu&foun

What is the revenue of Florida Agricultural & Mechanical Univ Foundation Inc?

Florida Agricultural & Mechanical Univ Foundation Inc's revenue in 2023 was $36,785,750.


Official website here: www.famu.edu/index.cfm?givetofamu&foun

Who are the executives of Florida Agricultural & Mechanical Univ Foundation Inc and what are their salaries?

Here are 31 key members and their salaries:

    Larry Robinson (Univ. President) [Trustee/Director]
  • Compensation: $462,778
  • Related: $87,182
  • Other: $22,123

    • Shawnta Friday-Stroud Phd (Executive Dir.) [Trustee/Director]
  • Compensation: $22,670
  • Related: $229,251
  • Other: $10,986

    • Carmen Cummings Martin (Oaa Exec. Dir.) [Trustee/Director]
  • Compensation: $0
  • Related: $136,519
  • Other: $21,973

    • Jemal O Gibson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa R Laboo (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • W Rebbecca Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erica D Hill (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregory L Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chan Bryant Abney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angela C Adderly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elaine Armster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hosetta Coleman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Curtis E Johnson Jr (Naa Rep.) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Crossman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marcelia C Freeman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clifton A Goins Iv (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John L Green (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Monica William Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Muhammad Haseeb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laurence A Humphries (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lenetra S King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth M Neighbors (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Akunna Olumba Esq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Freddie Raines (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tj Rose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • G Scott Uzzell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Twuanna Munroe Ward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tirrell D Whittley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Machia J Sanders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gloria J Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Belvin Perry Jr Esq (Bot Rep.)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.famu.edu/index.cfm?givetofamu&foun

    Where can I find the form 990 for Florida Agricultural & Mechanical Univ Foundation Inc?

    The Florida Agricultural & Mechanical Univ Foundation Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.famu.edu/index.cfm?givetofamu&foun

    Learn more at the official website: www.famu.edu/index.cfm?givetofamu&foun

    Mission Statement of Florida Agricultural & Mechanical Univ Foundation Inc

    Florida Agricultural & Mechanical Univ Foundation Inc plays a crucial role in advancing the objectives and purposes of Florida Agricultural and Mechanical University. With a mission to aid in the university's development, the foundation provides essential support for various aspects of the institution.

    This nonprofit organization focuses its efforts on university support, which includes managing funds for the schools, colleges, institutes, units, and programs at Florida A&M University. The foundation's activities encompass a wide range of expenses, such as guest speakers, conferences, operational expenses, travel, events, and consulting services. Furthermore, the foundation contributes to faculty and staff support, providing them with valuable resources like salaries, travel opportunities, professional development training, and seminars/conferences for endowed chairs, professorships, and adjunct faculty and staff. Through these endeavors, the Florida Agricultural & Mechanical Univ Foundation Inc is instrumental in enhancing the academic and research capabilities of Florida A&M University.

    Impact

    This information is meant to be a general summary of Florida Agricultural & Mechanical Univ Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Florida Agricultural & Mechanical University Foundation Inc's impact can be seen in its continuous support for the goals and missions of the Florida Agricultural and Mechanical University. The Foundation plays a vital role in providing financial assistance for the schools, colleges, institutes, units, and programs of the university. This support encompasses a wide range of activities, including funding for guest speakers, conferences, operational expenses, travel, events, and consulting services.

    Additionally, the Foundation contributes to the development and growth of faculty and staff at the university by providing support for salaries, travel, professional development training, and seminars. This support extends to endowed chairs, professorships, and adjunct faculty and staff members, ensuring that the university's academic community is well-equipped to excel in their respective fields.

    Overall, Florida Agricultural & Mechanical University Foundation Inc's impact is significant in advancing the educational objectives and purposes of the university, fostering a culture of excellence and innovation in education.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $8,023,600
  • Program Service Revenue: $0
  • Gross Receipts: $467,784,310

    • Assets and Liabilities:
  • Total Assets: $182,642,574
  • Total Liabilities: $1,792,466
  • Net Assets: $180,850,108
  • Organization Details

    Founding Year

    1966

    Principal Officer

    Shawnta Friday-Stroud

    Main Address

    625 E Tennessee Street Suite 100, Tallahassee, FL, 32308

    NTEE Category

    Code: B110 - Education

    If you are a representative of Florida Agricultural & Mechanical Univ Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.