Overview
What is American Association Of Airport Executives Foundation Inc?
The American Association of Airport Executives Foundation Inc, situated in Alexandria, Virginia, was established with a mission to foster the education and professional growth of airport managers. The organization accomplishes this by granting scholarships to members of the Association, their dependents, aviation students, Native Americans, and students sponsored by the Association. Since its inception in 1989, the foundation has distributed over 3,250 scholarship checks, totaling more than $5.7 million, making it one of the most significant supporters of higher education assistance within the aviation industry. In 2022 alone, the foundation awarded 127 scholarship awards amounting to $370,702. The foundation's work continues to contribute to the development of skilled airport managers, thereby ensuring the smooth operation of aviation facilities.
Official website here: www.aaae.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating
The American Association of Airport Executives Foundation Inc demonstrates a strong commitment to accountability and financial health, achieving a high score of 96% on Charity Navigator. This rating is based solely on the charity's performance in the Accountability & Finance beacon, indicating a robust operational framework. With a majority of independent board members and a well-structured oversight committee, the foundation showcases its dedication to maintaining transparency and ethical governance.
Strengths in financial practices are evident, as the foundation has received full marks in areas such as program expenses and the management of assets. Notably, the foundation has a 100% program expense ratio, illustrating that all funds are directed toward its mission. Additionally, various policies related to conflict of interest, whistleblower protections, and document retention are in place, further reinforcing trust among stakeholders.
While the provided data highlights significant strengths, there are no noted limitations or areas for improvement in the available information. Overall, the foundation's exemplary rating reflects its effective stewardship of resources and commitment to serving its mission within the airport executive community.
This AI summary has been generated from information found on Charity Navigator.
Is American Association Of Airport Executives Foundation Inc legitimate?
American Association Of Airport Executives Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Association Of Airport Executives 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.
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Official website here: www.aaae.org
What is the mission statement of American Association Of Airport Executives Foundation Inc?
The American Association of Airport Executives Foundation Inc was established with a mission to foster the education and professional development of airport managers. The foundation achieves this by granting scholarships to members of the Association of Airport Executives (AAAE) and their dependents. Since its inception in 1989, the AAAE Foundation has awarded over 3,250 scholarships totaling more than $5.7 million, making it one of the largest providers of higher education assistance in the aviation industry. In 2022 alone, the foundation distributed 127 scholarship awards worth $370,702. The foundation extends its scholarships to AAAE members, their dependents, aviation students, Native Americans, and students sponsored by AAAE, demonstrating its commitment to supporting a wide range of individuals in the aviation field.
Official website here: www.aaae.org
Who is the CEO of American Association Of Airport Executives Foundation Inc?
Todd Hauptli is the Chair of American Association Of Airport Executives Foundation Inc.
Official website here: www.aaae.org
What is the revenue of American Association Of Airport Executives Foundation Inc?
American Association Of Airport Executives Foundation Inc's revenue in 2022 was $574,733.
Official website here: www.aaae.org
Who are the executives of American Association Of Airport Executives Foundation Inc and what are their salaries?
There 103 volunteers at American Association Of Airport Executives Foundation Inc.
Here are 26 key members and their salaries:
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Official website here: www.aaae.org
Where can I find the form 990 for American Association Of Airport Executives Foundation Inc?
American Association Of Airport Executives Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aaae.org
Learn more at the official website: www.aaae.org
Mission Statement of American Association Of Airport Executives Foundation Inc
The American Association of Airport Executives Foundation Inc was established with a mission to foster the education and professionalism of airport managers. This mission is achieved through the granting of scholarships to members of the Association for Airport Executives (AAAE) and their dependents. Since its inception in 1989, the foundation has awarded over 3,250 scholarships, totaling more than $5.7 million. This significant financial support makes the American Association of Airport Executives Foundation Inc one of the largest supporters of higher education assistance in the entire aviation industry.
The foundation's primary objective is to promote the growth and development of airport managers by providing them with financial aid for their education. This not only benefits the individuals but also contributes to the overall improvement of the aviation industry. The scholarships are awarded to a diverse range of recipients, including AAAE members and their dependents, aviation students, Native Americans, and students sponsored by AAAE. This inclusive approach ensures that talented individuals from various backgrounds have the opportunity to pursue higher education in the field of aviation management.
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Impact
July, 2024
The American Association of Airport Executives Foundation Inc's impact lies in promoting the education and professionalism of airport managers. Since its establishment, the foundation has granted over 3,250 scholarships totaling more than $5.7 million to AAAE accredited members and their dependents. In 2022 alone, the foundation awarded 127 scholarship awards totaling $370,702. By providing this significant financial support, the organization stands as one of the largest supporters of higher education assistance in the entire aviation industry. This commitment to education underscores the foundation's mission to enhance the knowledge and expertise of airport managers, contributing to the advancement of the aviation industry.
This information is meant to be a general summary of American Association Of Airport Executives Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $77,632
- Gross Receipts: $577,797
Assets and Liabilities:
- Total Assets: $5,844,570
- Total Liabilities: $900,110
- Net Assets: $4,944,460
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Organization Details
Founding Year
1957
Phone
(703) 824-0500Principal Officer
Todd Hauptli
Main Address
601 MADISON STREET 400, ALEXANDRIA, VA, 223141756
Website
www.aaae.orgNTEE Category
Code: B03 - Education
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