About the Nonprofit
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The Albany State University Foundation, Inc. enhances the academic vision and priorities of ASU through its organized fundraising activities and funds management. The Foundation, a non-profit corporation, is governed by an elected Board of Trustees, whose members serve as advocates for the University and its colleges, schools and programs.
Private support funds scholarships, eminent scholar chairs, professorships and the innovative programs that distinguish ASU as an exceptional institution. We know it is our generous donors who will sustain our tradition of academic excellence.
The Albany State University Foundation, Inc. solicits and accepts private gifts, including in-kind gifts, to Albany State University. In addition to this development function, the Foundation maintains donor records, manages the assets under its control and disburses monies to support university programs.
The Foundation is a non-profit organization given the privilege of tax exemption. Article II of the Articles of Incorporation of the Albany State University Foundation, Inc. states: “The purpose for which the corporation is formed and the business and objects to be carried on and promoted by it are as follows”:
To provide resources, services, and money for scholarship and student aid.
To provide an opportunity through the subjected services, resources and money for disadvantaged youths to become constructive and productive citizens on a non-profit basis.