Overview
What is Alabama A&M University Trust For Educational Excellence?
Alabama A&M University Trust for Educational Excellence is a nonprofit organization that aims to enhance educational quality at Alabama A&M University. They achieve this goal by granting academic scholarships, endowing academic chairs, subsidizing faculty positions, and covering fees and expenses related to lectures and lecture series on campus. Their mission is to foster a culture of academic excellence, investing in scholarships, faculty development, and educational initiatives to empower students and faculty at the university.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Alabama A&M University Trust For Educational Excellence has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The charity scored 94% overall, with its entire score derived from its Accountability & Finance beacon. This rating indicates that the organization is effectively managing its resources while maintaining transparency and strong governance practices.
The organization boasts a fully independent board, with 100% of its members meeting independence criteria, which enhances its credibility and governance structure. It also has a perfect score in key areas such as having an audit and oversight committee and maintaining a conflict of interest and whistleblower policy. Financially, the organization maintains a favorable liabilities to assets ratio and allocates all of its expenses towards its programs, which speaks to its focus on its mission.
However, while the rating is strong, it is important for potential donors and supporters to continuously monitor the organization's performance and impact. Overall, Alabama A&M University Trust For Educational Excellence demonstrates robust financial health and governance, making it a trustworthy option for contributions aimed at educational advancement.
This AI summary has been generated from information found on Charity Navigator.
Is Alabama A&M University Trust For Educational Excellence legitimate?
Alabama A&M University Trust For Educational Excellence is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alabama A&M University Trust For Educational Excellence 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 Alabama A&M University Trust For Educational Excellence?
The Alabama A&M University Trust for Educational Excellence is committed to enhancing educational quality at Alabama A&M University. They achieve this by granting academic scholarships, endowing academic chairs, subsidizing faculty positions, and covering lecture fees and expenses. Their primary goal is to support and improve the educational environment at the university, fostering a conducive learning environment for students. The trust also sponsors lectures and lecture series, inviting distinguished scholars to share their knowledge and insights with the university community.
Who is the CEO of Alabama A&M University Trust For Educational Excellence?
Jamal Ali is the Chairman of Alabama A&M University Trust For Educational Excellence.
What is the revenue of Alabama A&M University Trust For Educational Excellence?
Alabama A&M University Trust For Educational Excellence's revenue in 2022 was $658,840.
Who are the executives of Alabama A&M University Trust For Educational Excellence and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Alabama A&M University Trust For Educational Excellence?
Alabama A&M University Trust For Educational Excellence's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alabama A&M University Trust For Educational Excellence
Alabama A&M University Trust for Educational Excellence is dedicated to enhancing educational excellence at Alabama A&M University. The trust accomplishes this mission by providing academic scholarships to students, endowing academic chairs, subsidizing faculty positions, and covering fees and expenses for lectures and lecture series on the university's campus. By implementing these initiatives, the trust aims to support and improve the quality of education at Alabama A&M University, ultimately fostering a stronger academic environment.
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Impact
July, 2024
Alabama A&M University Trust for Educational Excellence has a significant impact on educational excellence at Alabama A&M University. Through the granting of academic scholarships, endowment of academic chairs, subsidizing of faculty positions, and support for lectures and lecture series on the University's campus, the Trust plays a crucial role in enhancing the academic environment at the university. By providing financial aid to students, supporting faculty development, and promoting intellectual discourse, the Trust contributes towards the overall improvement of educational quality at Alabama A&M University.
This information is meant to be a general summary of Alabama A&M University Trust For Educational Excellence. 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: $505,583
- Gross Receipts: $658,840
Assets and Liabilities:
- Total Assets: $43,037,074
- Total Liabilities: $0
- Net Assets: $43,037,074
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Organization Details
Founding Year
1998
Phone
(256) 372-8344Principal Officer
Jamal Ali
Main Address
POST OFFICE BOX 1057, NORMAL, AL, 35762
NTEE Category
Code: B020 - Education
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