Anchorage Alumni Foundation Inc
- Assets
- $1.7m
- Revenue
- $74.3k
- Investments
- $1.7m
- Employees
- 0
- Location
- Anchorage, AK
- Founding
- 08/1993
- Data as of
- 12/2021
- EIN
- 92-0140338
Organization Overview
Anchorage Alumni Foundation Inc is located in Anchorage, AK. The organization was established in 1993. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anchorage Alumni Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Anchorage Alumni Foundation Inc generated $74.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $80.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Anchorage Alumni Foundation Inc has awarded 123 individual grants totaling $415,634. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES GRANTS AND SCHOLARSHIPS TO BENEFIT THE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darryl K Sample Assistant Secretary | 2 | $0 | |
Johnny Gibbons Secretarytreasurer | 4 | $0 | |
Bernard Gatewood President | 4 | $0 | |
Hennies Mcconnell Vice President | 4 | $0 | |
Christopher Gay Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $24,751 |
| Dividends & Interest | $49,580 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $74,331 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,104 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $8,090 |
| Printing and publications | $0 |
| Other expenses | $422 |
| Total operating and administrative expenses | $16,924 |
| Contributions, gifts, grants paid | $63,750 |
| Total expenses and disbursements | $80,674 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,975 |
| Savings and temporary cash investments | $54,472 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,731,540 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $798 |
| Total liabilities | $798 |
Grants Awarded
Over the last fiscal year, Anchorage Alumni Foundation Inc has awarded $63,750 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
SCHOLARSHIPS - RECORDS ON FILE PURPOSE: SCHOLARSHIPS | $20,500 |
MISC GRANTS PURPOSE: COMMUNITY PROGRAMS | $8,200 |
DELTA RHO BOULE FOUNDATION PURPOSE: COMMUNITY SUPPORT | $7,500 |
YOUTH DEVELOPMENT PROGRAM PURPOSE: COMMUNITY SUPPORT | $5,000 |
KAPPA ALPHA PSI PURPOSE: COMMUNITY SUPPORT | $4,500 |
Columbia, SC PURPOSE: COMMUNITY PROGRAM | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Choice Regional Health Network Olympia, WA | $24,377,222 | $13,582,793 |
Seattle Public Library Foundation Seattle, WA | $96,431,810 | $10,213,683 |
Clark Community College District 14 Foundation Vancouver, WA | $121,917,031 | $11,491,033 |
Central Washington University Foundation Ellensburg, WA | $48,919,247 | $7,605,095 |
Green River College Foundation Auburn, WA | $36,981,286 | $4,351,003 |
Regent College Foundation Seattle, WA | $182,703 | $2,359,102 |
Skagit Valley College Foundation C-12 Campus Center Building Mount Vernon, WA | $21,510,181 | $4,966,852 |
Bellevue College Foundation Bellevue, WA | $20,830,969 | $3,738,289 |
Gonzaga Law School Foundation Spokane, WA | $33,516,870 | $3,721,030 |
University Club -Of Seattle- Seattle, WA | $5,781,343 | $2,415,827 |
Central Washington School Employees Benefit Trust Yakima, WA | $0 | $1,235,104 |
Hillel The Foundation For Jewish Campus Life Seattle, WA | $10,321,966 | $1,263,940 |