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Air University Foundation

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

EIN: 631106495 ✦ Maxwell afb, AL ✦ Designated as a 501(c)(3)

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Overview

What is Air University Foundation?

The Air University Foundation, situated in Maxwell AFB, Alabama, is a nonprofit organization with a mission to enhance and improve military aerospace power and United States Air Force operations worldwide. This is achieved through various means, including providing financial aid to Air University schools and agencies, fostering the study of air and space power. The foundation offers both mentor items and cash grants to acknowledge and incentivize excellence in writing, conference participation, and various programs. With a small team of two dedicated individuals, the Air University Foundation remains committed to its goal of supporting and advancing military aerospace education and operations.

Is Air University Foundation legitimate?

Air University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Air University 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $58,624
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,494

For more financial information, click here

What is the mission statement of Air University Foundation?

The Air University Foundation's mission is to foster and enhance military aerospace power and United States Air Force operations on a global scale. To achieve this, the foundation raises funds to provide financial aid to Air University schools and related agencies, aiming to support the advancement of research in air and space power studies. They offer student and faculty mementos, as well as cash grants for outstanding academic achievements, conference support, and various programs.

Who is the CEO of Air University Foundation?

Joseph A Panaza Jr is the President of Air University Foundation.

What is the revenue of Air University Foundation?

Air University Foundation's revenue in 2022 was $408,669.

Who are the executives of Air University Foundation and what are their salaries?

The average compensation at Air University Foundation during 2022 was $32,559. There are 2 employees and 25 volunteers at Air University Foundation.


Here are 25 key members and their salaries:


Ray White (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nim Frazer (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr James E Dotherow (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
D Bruce Barton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vance Lynn Alexander (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Baggiano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bowen Ballard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Brown (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jc Carter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn M Carter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward F Crowell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Dierlam (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Galassini (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Norman B Halpern (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Mcclellan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherrie Myers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John A Shaud (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Willard Snyder (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Strange (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Taffet (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance Tatum (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Taylor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia Whitfield (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sieu Tang Wood (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph A Panza Jr (Executive Director)
  • Compensation: $58,624
  • Related: $0
  • Other: $0
Where can I find the form 990 for Air University Foundation?

Air University Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Air University Foundation

The Air University Foundation, a nonprofit organization, is dedicated to promoting and enhancing military aerospace power and United States Air Force (USAF) operations globally. Their primary mission is to raise funds to offer financial aid to various Air University schools and agencies, thereby supporting the advancement of research in air and space power. The foundation provides cash grants, mentor items, and support for conferences and miscellaneous programs to recognize and reward excellence in writing and academic achievements. In essence, the Air University Foundation plays a crucial role in fostering knowledge and innovation in the field of aerospace and military operations.

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Impact




October, 2024

Air University Foundation plays a pivotal role in enhancing military aerospace power and operations by providing crucial financial assistance to Air University schools and agencies. By promoting excellence in writing and supporting conferences, the Foundation facilitates the development of critical skills among students and faculty. Its initiatives include cash grants and mementos that recognize exceptional accomplishments, fostering an environment of academic achievement and innovation. Located in Maxwell AFB, Alabama, the Foundation actively contributes to the advancement of air and space power studies, influencing military education and operations both in the U.S. and globally. Through its dedicated efforts, Air University Foundation emphasizes the importance of robust education and research in maintaining operational excellence in the air and space domains.




This information is meant to be a general summary of Air University Foundation. 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.

Revenue
$408,669 (2022)
Expenses
$281,978 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $282,375
  • Gross Receipts: $408,669

Assets and Liabilities:

  • Total Assets: $4,138,161
  • Total Liabilities: $864
  • Net Assets: $4,137,297

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Organization Details

Founding Year

1994

Principal Officer

Joseph A Panaza Jr

Main Address

55 LEMAY PLAZA, MAXWELL AFB, AL, 36112

NTEE Category

Code: Q430 - International

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