EIN 59-6175096

Florida Agricultural and Mechanical Univ Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
1966
Most recent tax filings
2023-06-01
Description
The Florida Agricultural and Mechanical Univ Foundation exists to aid in the advancement of the university's objectives and purposes. It supports various schools, colleges, institutes, units and programs, including expenses for guest speakers, conferences and operational costs. Additionally, it provides scholarships and grants for scholars in various academic disciplines that cover tuition fees, room and board, books and stipends.
Total revenues
$36,785,750
2023
Total expenses
$22,513,264
2023
Total assets
$182,642,574
2023
Num. employees
0
2023

Program areas at Florida Agricultural and Mechanical Univ Foundation

University support includes expenses incurred for receipt and administration of funds in support of the schools, colleges, institutes, units and programs of Florida A&M University, to include, but not limited to guest speakers, conference and operational expenses, travel, events and consulting services. University Support also includes faculty and staff support including, but not limited to, salaries, travel, professional development training and seminars/conferences for the University's endowed chairs, professorships, and adjunct faculty and staff.
Scholarships and grants include charges for tuition fees, room and board, books and stipends for scholars in various academic disciplines.

Grants made by Florida Agricultural and Mechanical Univ Foundation

GranteeGrant descriptionAmount
Florida Agricultural and Mechanical University TermAid in the Advancement of the Univ$4,633,560

Who funds Florida Agricultural and Mechanical Univ Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Schwab Charitable FundEducation$366,100
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$236,117
American Online Giving FoundationGeneral Support$233,867
...and 31 more grants received totalling $1,400,140

Personnel at Florida Agricultural and Mechanical Univ Foundation

NameTitleCompensation
Shawnta Friday-StroudExecutive Director$22,670
Juanita JohnsonBusiness Manager$135,576
Larry RobinsonUniversity President$462,778
Lisa R LabooChairman$0
Erica D HillSecretary$0
...and 9 more key personnel

Financials for Florida Agricultural and Mechanical Univ Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$25,035,212
Program services$0
Investment income and dividends$2,729,636
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$68,407
Net gain from sale of non-inventory assets$5,293,964
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,658,531
Total revenues$36,785,750

Form 990s for Florida Agricultural and Mechanical Univ Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062023-10-05990View PDF
2022-062022-11-29990View PDF
2021-062021-10-05990View PDF
2020-062021-04-05990View PDF
2019-062020-01-10990View PDF
...and 9 more Form 990s
Data update history
December 2, 2023
Posted financials
Added Form 990 for fiscal year 2023
December 1, 2023
Updated personnel
Identified 2 new personnel
November 27, 2023
Used new vendors
Identified 2 new vendors, including , and
October 26, 2023
Received grants
Identified 16 new grant, including a grant for $233,867 from American Online Giving Foundation
July 27, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
LobbyingFundraising eventsState / local levelEndowed supportTax deductible donationsNo full-time employees
General information
Address
625 E Tennessee St Suite 100
Tallahassee, FL 32308
Metro area
Tallahassee, FL
County
Leon County, FL
Website URL
famu.edu/administration/foundation/index.php 
Phone
(850) 412-5755
IRS details
EIN
59-6175096
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1966
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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