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University Of South Alabama Foundation

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

EIN: 636065809 ✦ Mobile, AL ✦ Designated as a 501(c)(3)

Overview

What is University Of South Alabama Foundation?

The University of South Alabama Foundation is a nonprofit organization situated in Mobile, Alabama, dedicated to bolstering the educational programs at the University of South Alabama. Established with the purpose of supporting the university's functions and activities, this foundation receives contributions to fund various initiatives. These include scholarships for students, faculty positions, and various programs within the university. The foundation directly contributes to the university, providing essential support to enhance its overall operations and success.


Official website here: www.usafoundation.org

Is University Of South Alabama Foundation legitimate?

University Of South Alabama Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of South Alabama Foundation 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: $770,617
Professional Fundraising Fees: $0
Other Salaries and Wages: $477,305

For more financial information, click here


Official website here: www.usafoundation.org

What is the mission statement of University Of South Alabama Foundation?

The University of South Alabama Foundation's primary mission is to assist in the advancement of the educational programs at the University of South Alabama. Established with the purpose of supporting the university's functions and activities, the foundation collects contributions that are directly channeled towards student scholarships, faculty positions, and various programs. The foundation's efforts contribute significantly to the university's academic endeavors, thereby enhancing its capacity to provide quality education.


Official website here: www.usafoundation.org

Who is the CEO of University Of South Alabama Foundation?

Maxey J Roberts is the Managing Director/Board Member of University Of South Alabama Foundation.


Official website here: www.usafoundation.org

What is the revenue of University Of South Alabama Foundation?

University Of South Alabama Foundation's revenue in 2023 was $11,851,648.


Official website here: www.usafoundation.org

Who are the executives of University Of South Alabama Foundation and what are their salaries?

The average compensation at University Of South Alabama Foundation during 2023 was $113,447. There are 11 employees at University Of South Alabama Foundation.

Here are 27 key members and their salaries:

    Maxey J Roberts (Managing Director/Board Member)
  • Compensation: $345,286
  • Related: $0
  • Other: $1,730

    • Brad B Roberts (Chief Financial Officer)
  • Compensation: $251,364
  • Related: $0
  • Other: $2,137

    • H Wade Faulkner (Investment Manager)
  • Compensation: $178,633
  • Related: $0
  • Other: $24,895

    • Philip Johnson (Chief Forester)
  • Compensation: $145,533
  • Related: $0
  • Other: $17,850

    • Gregory Luce (Vice President/Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Mcmillan (President/Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lowell J Bonds (Secretary/Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert P Hall (Treasurer/Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alexis Atkins (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Arlene Mitchell (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • D Lynn Dyess (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Damian J Collins (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Don Word (Board Member (Beg. 4/1/2023)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Vandewaa (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank S Pettyjohn (Board Member (Deceased 12/6/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Isabel Z Brown (Board Member (Beg. 4/1/2023)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James H Crosby (Board Member (Beg. 4/1/2023)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John T Whiddon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Josiah R Bonner Jr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margaret D Young (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nolan C Leake (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Normond B Mcallister Jr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Otha Lee Biggs (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert D Word (Board Member (End 3/31/2023)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • W Allen Carroll Jr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • W Scott Mcnair (Board Member (Deceased 6/16/2023)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Walter E Penry (Board Member (End 3/31/2023)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.usafoundation.org

    Where can I find the form 990 for University Of South Alabama Foundation?

    The University Of South Alabama Foundation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.usafoundation.org

    Learn more at the official website: www.usafoundation.org

    Mission Statement of University Of South Alabama Foundation

    The University of South Alabama Foundation, established with the purpose of aiding the University of South Alabama, carries out its mission by providing support to the educational programs of the institution. This nonprofit organization contributes directly to the university, funding initiatives that range from student scholarships to faculty positions and programs. By doing so, it plays a crucial role in bolstering the academic pursuits and overall growth of the University of South Alabama. The ultimate goal of the University of South Alabama Foundation is to strengthen the educational environment and opportunities for students and faculty, thereby contributing to the university's success and development.

    Impact

    This information is meant to be a general summary of University Of South Alabama Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The University of South Alabama Foundation plays a crucial role in supporting the educational programs of the University of South Alabama. By providing direct contributions for student scholarships, faculty positions, and various programs, the foundation enhances the quality of education offered at the university. Through its mission to support the functions and activities of the university, the foundation contributes significantly to the advancement of education in Mobile, AL, and beyond.





    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: $10,869,553
  • Program Service Revenue: $0
  • Gross Receipts: $18,747,078

    • Assets and Liabilities:
  • Total Assets: $419,243,148
  • Total Liabilities: $965,071
  • Net Assets: $418,278,077
  • Organization Details

    Founding Year

    1968

    Principal Officer

    Maxey J Roberts

    Main Address

    PO BOX 3148, MOBILE, AL, 366523148

    NTEE Category

    Code: B110 - Education

    If you are a representative of University Of South Alabama Foundation 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.