Overview
What is The All-Alabama Academic Team Foundation?
The All-Alabama Academic Team Foundation is a nonprofit organization based in Montgomery, Alabama, with an address at 8232 Old Federal Road, 36117. The primary objective of this foundation is to recognize academic excellence among two-year college students. They achieve this by awarding scholarships totalling $34,000 annually to outstanding students who excel in the classroom, have a minimum GPA of 3.25, engage in campus activities, and have completed a minimum of twelve semester hours at their institution. The foundation hosts an annual awards program and banquet to honor these scholarship recipients and their families. Their mission is to manage, promote, support, and administer the All-Alabama Academic Team Recognition Program, which is the Alabama chapter of a national scholarship achievement recognition program for students of two-year colleges, including community and technical colleges.
Is The All-Alabama Academic Team Foundation legitimate?
The All-Alabama Academic Team Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The All-Alabama Academic Team 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.
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What is the mission statement of The All-Alabama Academic Team Foundation?
The All-Alabama Academic Team Foundation's mission is centered around managing, promoting, supporting, and administering the All-Alabama Academic Team recognition program. This program is the Alabama chapter of a national scholarship achievement recognition scheme for students attending two-year colleges, including community and technical colleges. The foundation's primary objective is to recognize outstanding students who excel in their academics, maintain a minimum GPA of 3.25, engage in campus activities, and have completed a minimum of twelve semester hours at their institutions. To achieve this, the foundation awards scholarships totalling 34,000 annually to these deserving students and their institutions, and hosts an annual awards program to honor these scholarship recipients and their families.
Who is the CEO of The All-Alabama Academic Team Foundation?
Terry Mitchell is the Chairman of The All-Alabama Academic Team Foundation.
What is the revenue of The All-Alabama Academic Team Foundation?
The All-Alabama Academic Team Foundation's revenue in 2021 was $111,223.
Who are the executives of The All-Alabama Academic Team Foundation and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990 for The All-Alabama Academic Team Foundation?
The All-Alabama Academic Team Foundation's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of The All-Alabama Academic Team Foundation
The All-Alabama Academic Team Foundation's primary mission is to manage, promote, support, and administer the All-Alabama Academic Team recognition program. This program serves as the Alabama chapter of a national scholarship achievement recognition scheme for students attending two-year colleges, including community and technical institutions. The foundation's objective is to recognize and reward outstanding academic achievements among these students, who demonstrate exceptional performance in the classroom, maintain a minimum GPA of 3.25, and engage in campus activities. The foundation also acknowledges the institutions where these students are enrolled. To accomplish its mission, the foundation hosts an annual awards program and banquet to honor the scholarship recipients and their families, further promoting educational achievement among two-year college students in Alabama.
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Impact
October, 2024
The All-Alabama Academic Team Foundation significantly impacts educational achievement in Alabama's two-year college system. By managing and promoting the All-Alabama Academic Team Recognition Program, the foundation recognizes and supports outstanding students from community and technical colleges. In the fiscal year ending September 30, 2021, the foundation awarded $34,000 in scholarships to exemplary students who maintain at least a 3.25 GPA, engage in campus activities, and have completed a minimum of twelve semester hours.
This program not only acknowledges individual academic excellence but also fosters a culture of achievement within Alabama's colleges. Through its annual awards program and banquet, the foundation honors scholarship recipients and their families, highlighting the importance of educational pursuit and community involvement. By celebrating these accomplishments, the foundation plays a crucial role in encouraging the next generation of scholars and leaders in Alabama.
This information is meant to be a general summary of The All-Alabama Academic Team 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $67,073
- Program Service Revenue: $43,200
- Gross Receipts: $150,678
Assets and Liabilities:
- Total Assets: $1,224,747
- Total Liabilities: $0
- Net Assets: $1,224,747
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$43,200
Organization Details
Phone
(334) 451-2647Principal Officer
Terry Mitchell
Main Address
8232 OLD FEDERAL ROAD, MONTGOMERY, AL, 36117
NTEE Category
Code: T20Z - Philanthropy
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