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Nonprofit · EIN 59-6175096

FLORIDA AGRICULTURAL & MECHANICAL UNIV FOUNDATION INC

Also known as Florida A&M University National Alumni Association Palm Beach County Chapter

Tax-exempt · TALLAHASSEE, FL 32308

Financials

$36.8M$22.8M2023$29.3M$24.8M2024
Revenue Expenses · by fiscal year end
Financials of FLORIDA AGRICULTURAL & MECHANICAL UNIV FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$29,299,750$24,780,902$4,518,848$226,274,503$4,177,501$222,097,002
June 30, 2024990$36,839,426$22,849,671$13,989,755$206,789,779$1,067,587$205,722,192
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$16,039,894
Program service revenue
$0
Investment income
$8,977,234
Net rental income
$64,871
Net gain from sales of assets
$4,653,105
Other revenue
$4,282,622

Expenses

Grants and similar amounts paid
$7,887,126
Compensation of officers, directors and key employees
$485,812
Other salaries and wages
$3,320,882
Salaries, compensation and benefits (total)
$4,666,752
Professional fundraising fees
$15,919
Legal fees
$142,104
Accounting fees
$204,097
Occupancy
$109,497
Travel
$861,561
Depreciation
$182,898
Program services (functional)
$18,735,900
Management and general (functional)
$4,317,146
Fundraising (functional)
$1,727,856

Balance sheet and other

Total assets, start of year
$206,789,779
Total assets, end of year
$226,274,503
Total liabilities, end of year
$4,177,501
Net assets, end of year
$222,097,002
Land, buildings and equipment
$142,367
Publicly traded securities
$136,265,443
Net assets without donor restrictions
$4,579,799
Net assets with donor restrictions
$217,517,203
Gross receipts
$203,979,042
Employees
0
Volunteers
32
Year formed
1966
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Donald PalmExecutive Dir.
Trustee or director, Officer
1$0$302,598$25,415
Timothy BeardInt. Univ. Pres
Trustee or director, Officer
1$0$158,277$9,339
Latosha Adams-FrancisDir. Finance Svcs.1$0$118,117$22,156
Kenneth M NeighborsChairman
Trustee or director, Officer
1$0$0$0
Tirrell D WhittleyVice Chair
Trustee or director, Officer
1$0$0$0
Tuwanna Munroe WardTreasurer
Trustee or director, Officer
1$0$0$0
Chan Bryant AbneySecretary
Trustee or director, Officer
1$0$0$0
Wilbert Anthony NealExecutive Dir.
Trustee or director, Officer
1$0$0$0
Curtis E Johnson JrNAA Rep.
Trustee or director
1$0$0$0
Carmen Cummings MartinOAA Exec. Dir.
Trustee or director
5$0$0$0
Angela C AdderlyDirector
Trustee or director
1$0$0$0
Elaine ArmsterDirector
Trustee or director
1$0$0$0
Terry D ArnoldDirector
Trustee or director
1$0$0$0
Rebecca BrownDirector
Trustee or director
1$0$0$0
Gregory L ClarkDirector
Trustee or director
1$0$0$0
20 more people on this return
NameTitleHours / weekCompensation
Hosetta ColemanDirector
Trustee or director
1$0
Jeffrey K FrancisDirector
Trustee or director
1$0
Marcelia C FreemanDirector
Trustee or director
1$0
Jemal O GibsonDirector
Trustee or director
1$0
Clifton A Goins IVDirector
Trustee or director
1$0
John L GreenDirector
Trustee or director
1$0
Erica D HillDirector
Trustee or director
1$0
Monica William HarrisDirector
Trustee or director
1$0
Billy B Greer IVDirector
Trustee or director
1$0
Laurence A HumphriesDirector
Trustee or director
1$0
Chekesha C KiddDirector
Trustee or director
1$0
Lenetra S KingDirector
Trustee or director
1$0
Lisa R LaBooDirector
Trustee or director
1$0
Ebenezer T OriakuDirector
Trustee or director
1$0
Freddie RainesDirector
Trustee or director
1$0
TJ RoseDirector
Trustee or director
1$0
G Scott UzzellDirector
Trustee or director
1$0
Kyla J MaysDirector
Trustee or director
1$0
W Cecyl HobbsDirector
Trustee or director
1$0
John CrossmanBOT Rep.
Institutional trustee
1$0
990 for the year ended June 30, 2024: 32 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Larry RobinsonUniv. President
Trustee or director, Officer
1$0$767,776$21,973
Shawnta Friday-Stroud PhDExecutive Dir.
Trustee or director, Officer
1$263,015$0$10,986
Carmen Cummings MartinOAA Exec. Dir.
Trustee or director
5$0$144,197$21,973
Latosha Adams-FrancisDir. Finance Svcs.50$113,805$0$21,973
Lisa R LaBooChairman
Trustee or director, Officer
1$0$0$0
Kenneth M NeighborsVice Chair
Trustee or director, Officer
1$0$0$0
Freddie RainesTreasurer
Trustee or director, Officer
1$0$0$0
Erica D HillSecretary
Trustee or director, Officer
1$0$0$0
Curtis E Johnson JrNAA Rep.
Trustee or director
1$0$0$0
Chan Bryant AbneyDirector
Trustee or director
1$0$0$0
Angela C AdderlyDirector
Trustee or director
1$0$0$0
Elaine ArmsterDirector
Trustee or director
1$0$0$0
Hosetta ColemanDirector
Trustee or director
1$0$0$0
Gregory L ClarkDirector
Trustee or director
1$0$0$0
Marcelia C FreemanDirector
Trustee or director
1$0$0$0
Jemal O GibsonDirector
Trustee or director
1$0$0$0
Clifton A Goins IVDirector
Trustee or director
1$0$0$0
John L GreenDirector
Trustee or director
1$0$0$0
Monica William HarrisDirector
Trustee or director
1$0$0$0
Laurence A HumphriesDirector
Trustee or director
1$0$0$0
Lenetra S KingDirector
Trustee or director
1$0$0$0
Rebecca BrownDirector
Trustee or director
1$0$0$0
TJ RoseDirector
Trustee or director
1$0$0$0
Kyla J MaysDirector
Trustee or director
1$0$0$0
G Scott UzzellDirector
Trustee or director
1$0$0$0
Twuanna Munroe WardDirector
Trustee or director
1$0$0$0
Tirrell D WhittleyDirector
Trustee or director
1$0$0$0
Terry D ArnoldDirector
Trustee or director
1$0$0$0
Billy B Greer IVDirector
Trustee or director
1$0$0$0
W Cecyl HobbsDirector
Trustee or director
1$0$0$0
Chekesha C KiddDirector
Trustee or director
1$0$0$0
John CrossmanBOT Rep.
Institutional trustee
1$0$0$0

Address and contacts

Address (IRS master file)
625 E TENNESSEE ST STE 100, TALLAHASSEE, FL 32308-4933
Mailing address (990-N for 2008)
PO Box 2305, West Palm Beach FL 33402
Principal officer (990 for 2024)
Brandye Tatum-Fedrick PhD
Principal officer (990-N for 2008)
Nicole Jones, 430 West 37th Street, Riviera Beach FL 33404
Signed the 990
Brandye Tatum-Fedrick PhD, Acting Exec. Dir.
Phone
(850) 412-5755
Return prepared by
WatsonRice LLP

Mission

The Foundation's purpose is to aid in the advancement of the Florida Agricultural and Mechanical University's objectives and purposes.

990 for the year ended June 30, 2025

Program accomplishments

  • University support includes expenses incurred for receipt and administration of funds in support of the schools, colleges, institutes, units and programs of Florida A&M University, to include, but not limited to guest speakers, conference and operational expenses, travel, events and consulting services. University Support also includes faculty and staff support including, but not limited to, salaries, travel, professional development training and seminars/conferences for the University's endowed chairs, professorships, and adjunct faculty and staff.
    Expenses $10,848,774
  • Scholarships and grants include charges for tuition fees, room and board, books and stipends for scholars in various academic disciplines.
    Expenses $7,887,126 · grants $7,887,126

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
59-6175096
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1967
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B110)
Assets (IRS master file)
$226,274,503
Income (IRS master file)
$203,979,042

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$29,299,750$24,780,902$226,274,503XML
990June 2024$36,839,426$22,849,671$206,789,779XML
990June 2023$36,785,750$22,513,264$182,642,574IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS
990-N for 2008
Officer: Nicole Jones
June 30, 2009≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-6175096).

Questions about FLORIDA AGRICULTURAL & MECHANICAL UNIV FOUNDATION INC

What is the EIN of FLORIDA AGRICULTURAL & MECHANICAL UNIV FOUNDATION INC?
The employer identification number (EIN) of FLORIDA AGRICULTURAL & MECHANICAL UNIV FOUNDATION INC is 59-6175096.
Is FLORIDA AGRICULTURAL & MECHANICAL UNIV FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1967.
Are donations to FLORIDA AGRICULTURAL & MECHANICAL UNIV FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FLORIDA AGRICULTURAL & MECHANICAL UNIV FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FLORIDA AGRICULTURAL & MECHANICAL UNIV FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FLORIDA AGRICULTURAL & MECHANICAL UNIV FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of FLORIDA AGRICULTURAL & MECHANICAL UNIV FOUNDATION INC?
The 990 for the year ended June 30, 2025 names Brandye Tatum-Fedrick PhD.
Who are the officers and directors of FLORIDA AGRICULTURAL & MECHANICAL UNIV FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 35 people; 0 received compensation from the organization.
How much revenue does FLORIDA AGRICULTURAL & MECHANICAL UNIV FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $29,299,750, expenses of $24,780,902 and total assets of $226,274,503 at year end.

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