2025-09-23T11:27:52-05:00 2024-12-31 454084437 WARREN AVERETT LLC 105 TALLAPOOSA STREET STE 300 MONTGOMERY AL 36104 990 2024-01-01 631106495 AIR UNIVERSITY FOUNDATION AIRU 3349533174 325 CHENNAULT CIRCLE BLDG 1401 MAXWELL AFB AL 36112 JOSEPH A PANAZA JR EXECUTIVE DIRECTOR 3348533174 2025-09-19 1 1 JERI GROCE P01333499 3342712200 2025-09-19 2024 2025-03-06 01:10:19Z JOSEPH A PANAZA JR 325 CHENNAULT CIRCLE BLDG 1401 MONTGOMERY AL 36112 4587152 0 X N/A X 1994 AL TO PROMOTE AND IMPROVE MILITARY AEROSPACE POWER AND USAF OPERATIONS IN THE U.S. AND THROUGHOUT THE WORLD. 24 24 2 24 0 0 122489 114617 0 0 3184 438380 14258 5585 139931 558582 38381 33623 0 0 69509 70545 0 0 82924 148984 138438 256874 242606 -116943 315976 4586280 5201422 0 5014 4586280 5196408 AIR UNIVERSITY FOUNDATION SEEKS TO RAISE FUNDS TO PROVIDE FINANCIAL ASSISTANCE TO AIR UNIVERSITY SCHOOLS AND AGENCIES FOR THE ADVANCEMENT OF THE STUDY OF AIR AND SPACE POWER. 0 0 33623 33623 STUDENT AND FACULTY MEMENTOS AND CASH GRANTS FOR EXCELLENCE IN WRITING, CONFERENCE SUPPORT AND MISCELLANEOUS PROGRAMS 67635 PROMOTING AND IMPROVING MILITARY AEROSPACE POWER AND USAF OPERATIONS IN THE U.S. AND THE WORLD. 101258 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 2 1 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X JOE PANZA 3349533174 325 CHENNAULT CIRCLE BLDG 1401 MAXWELL AFB AL 36112 RAY WHITE PRESIDENT 1.00 0.00 X X 0 0 0 NIM FRAZER VICE PRESIDENT 1.00 0.00 X X 0 0 0 DR JAMES E DOTHEROW SECRETARY 1.00 0.00 X X 0 0 0 D BRUCE BARTON TREASURER 1.00 0.00 X X 0 0 0 VANCE LYNN ALEXANDER TRUSTEE 1.00 0.00 X 0 0 0 TONY BAGGIANO TRUSTEE 1.00 0.00 X 0 0 0 BOWEN BALLARD TRUSTEE 1.00 0.00 X 0 0 0 DON BROWN TRUSTEE 1.00 0.00 X 0 0 0 JC CARTER TRUSTEE 1.00 0.00 X 0 0 0 LYNN M CARTER TRUSTEE 1.00 0.00 X 0 0 0 EDWARD F CROWELL TRUSTEE 1.00 0.00 X 0 0 0 MARK DIERLAM TRUSTEE 1.00 0.00 X 0 0 0 JACK GALASSINI TRUSTEE 1.00 0.00 X 0 0 0 DR NORMAN B HALPERN TRUSTEE 1.00 0.00 X 0 0 0 GREG MCCLELLAN TRUSTEE 1.00 0.00 X 0 0 0 SHERRIE MYERS TRUSTEE 1.00 0.00 X 0 0 0 JOHN A SHAUD TRUSTEE 1.00 0.00 X 0 0 0 WILLARD SNYDER TRUSTEE 1.00 0.00 X 0 0 0 TODD STRANGE TRUSTEE 1.00 0.00 X 0 0 0 ROBERT TAFFET TRUSTEE 1.00 0.00 X 0 0 0 DON TAYLOR TRUSTEE 1.00 0.00 X 0 0 0 VIRGINIA WHITFIELD TRUSTEE 1.00 0.00 X 0 0 0 SIEU TANG WOOD TRUSTEE 1.00 0.00 X 0 0 0 JOSEPH A PANZA JR EXECUTIVE DIRECTOR 30.00 0.00 X 59124 0 0 59124 0 0 0 0 0 0 0 114617 114617 139844 139844 117 117 4327106 4028570 298536 298536 298536 5400 0 5400 5400 OTHER INCOME 900099 68 68 68 558582 68 0 443897 33623 33623 59124 29562 17738 11824 7788 3894 2336 1558 3633 1817 1089 727 16870 16870 16869 16869 16115 12884 1612 1619 1442 1082 144 216 15495 12396 1549 1550 1425 1140 142 143 SPECIAL EVENTS 65212 0 0 65212 SUPPLIES 4259 4259 0 0 MEALS AND ENTERTAINMENT 551 441 55 55 DUES AND SUBSCRIPTIONS 200 160 20 20 242606 101258 58424 82924 15 501314 200837 318 0 574 574 442839 363782 94552 79057 3989522 4920621 0 318 4586280 5201422 5014 0 5014 X 1543601 1833044 3042679 3363364 4586280 5196408 4586280 5201422 315976 294151 0 X 1 X 0 0 0 X 131386 1770572 122994 122489 114617 2262058 131386 1770572 122994 122489 114617 2262058 2262058 31449 50368 70632 86646 139896 378991 2300 13450 5400 21150 1000 808 186 1994 2664193 0.84910 0.88750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2651079 804725 478447 2977357 2390140 492091 231152 2651079 2738359 50000 -232755 165464 2390140 500000 1628475 628065 18181 2738359 0 500000 500000 0.00000 1.00000 0.00000 0 0 442839 363782 79057 79057 PART X, LINE 2: AS OF DECEMBER 31, 2024 AND 2023, THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AND NO INTEREST AND PENALTIES RELATED TO INCOME TAXES. THE ORGANIZATION HAS FILED ITS TAX RETURNS THROUGH DECEMBER 31, 2023. THE TAX RETURNS FOR YEARS ENDED DECEMBER 31, 2021 AND THEREAFTER ARE SUBJECT TO AUDIT BY THE TAXING AUTHORITIES. FORM 990, PART VI, SECTION B, LINE 11B A BOARD MEETING IS HELD TO DISCUSS/REVIEW THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ISSUES ARE ADDRESSED WITH THE OFFICERS AND TRUSTEES AT EACH REGULARLY SCHEDULED MEETING. FORM 990, PART VI, SECTION B, LINE 15A THERE IS ONLY ONE COMPENSATED OFFICER OF THE FOUNDATION, THE EXECUTIVE DIRECTOR. HIS COMPENSATION WAS RECOMMENDED AND APPROVED BY THE BOARD OF OFFICERS FOR PRESENTATION TO THE TRUSTEES WHO ALSO VOTED AND APPROVED AT A REGULARLY SCHEDULED MEETING. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST.