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Nonprofit · EIN 54-1827596

AIAA FOUNDATION INC

Tax-exempt · RESTON, VA 20191

Financials

$1.4M$1.8M2022$1.2M$1.2M2023$1.5M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of AIAA FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$1,479,316$1,090,021$389,295$23,017,664$316,533$22,701,131
September 30, 2024990$1,241,653$1,166,280$75,373$21,207,769$320,620$20,887,149
September 30, 2023990$1,398,786$1,761,214-$362,428$17,616,655$271,319$17,345,336
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$329,096
Program service revenue
$0
Investment income
$1,150,220
Net gain from sales of assets
$296,139
Other revenue
$0

Expenses

Grants and similar amounts paid
$313,099
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$10,440
Travel
$146,392
Program services (functional)
$809,243
Management and general (functional)
$252,500
Fundraising (functional)
$28,278

Balance sheet and other

Total assets, start of year
$21,207,769
Total assets, end of year
$23,017,664
Total liabilities, end of year
$316,533
Net assets, end of year
$22,701,131
Publicly traded securities
$22,885,997
Net assets without donor restrictions
$16,992,131
Net assets with donor restrictions
$5,709,000
Gross receipts
$2,083,177
Employees
0
Volunteers
150
Year formed
1996
State of legal domicile
VA

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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DANIEL L DUMBACHEREXECUTIVE DIRECTOR/SECRETARY (OUTGOING FY25)
Trustee or director, Officer
1$487,884$14,847
KAREN ROSENBLUMSVP, FINANCE, ADMIN & CFO (OUTGOING FY25)
Officer
1$340,364$42,630
MERRIE SCOTTSVP, MEMBERSHIP ENGAGEMENT
Key employee
1$223,688$25,021
EUGENE MOWRYCEO/SECRETARY (INCOMING FY25)
Trustee or director, Officer
1$107,142$109
LINDA MONTGOMERYCHIEF FINANCIAL OFFICER (INCOMING FY25)
Officer
1$0$0
DANIEL HASTINGSAIAA PRESIDENT
Trustee or director, Officer
1$0$0
LAURA MCGILLIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
1$0$0
R STEVEN JUSTICETREASURER
Trustee or director, Officer
1$0$0
DANA KEOKI JACKSONAIAA PRESIDENT-ELECT (INCOMING FY25)
Trustee or director
1$0$0
CARISSA CHRISTENSENTRUSTEE
Trustee or director
1$0$0
ANTHONY DESIMONETRUSTEE (INCOMING FY25)
Trustee or director
1$0$0
HOWARD MCKENZIETRUSTEE
Trustee or director
1$0$0
KRISTI MORGANSENTRUSTEE
Trustee or director
1$0$0
MARY SNITCHTRUSTEE (OUTGOING FY25)
Trustee or director
1$0$0
990 for the year ended September 30, 2024: 10 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DANIEL L DUMBACHERPRESIDENT & SECRETARY
Trustee or director, Officer
1$0$536,962$14,422
KAREN ROSENBLUMSVP, FINANCE, ADMIN & CFO
Officer
1$0$251,534$42,416
MERRIE SCOTTVP, COMMUNITY & PARTNER ENGAGEMENT
Key employee
1$0$178,856$34,116
LAURA MCGILLCHAIRMAN
Trustee or director, Officer
1$0$0$0
DANIEL HASTINGSAIAA PRESIDENT
Trustee or director, Officer
1$0$0$0
R STEVEN JUSTICETREASURER
Trustee or director, Officer
1$0$0$0
CARISSA CHRISTINSANTRUSTEE
Trustee or director
1$0$0$0
HOWARD MCKENZIETRUSTEE
Trustee or director
1$0$0$0
KRISTI MORGANSENTRUSTEE
Trustee or director
1$0$0$0
MARY SNITCHTRUSTEE
Trustee or director
1$0$0$0
990 for the year ended September 30, 2023: 15 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DANIEL L DUMBACHERPRESIDENT & SECRETARY
Officer
1$0$499,552$13,492
KAREN ROSENBLUMSVP, FINANCE, ADMIN & CFO
Officer
1$0$267,601$41,087
MERRIE SCOTTVP, COMMUNITY & PARTNER EN
Key employee
8.5$0$208,555$36,510
BASIL HASSANCHAIRMAN
Trustee or director, Officer
1$0$0$0
ANNALISA WEIGELTREASURER
Trustee or director, Officer
1$0$0$0
CARISSA CHRISTINSANTRUSTEE (INCOMING FY23)
Trustee or director
1$0$0$0
DANIEL HASTINGSAIAA PRESIDENT-ELECT (INCOMING FY23)
Trustee or director
1$0$0$0
GREG HYSLOPTRUSTEE (OUTGOING FY23)
Trustee or director
1$0$0$0
RAY JOHNSONTRUSTEE (OUTGOING FY23)
Trustee or director
1$0$0$0
LAURA MCGILLAIAA PRESIDENT
Trustee or director
1$0$0$0
HOWARD MCKENZIETRUSTEE (INCOMING FY23)
Trustee or director
1$0$0$0
KRISTI MORGANSENTRUSTEE (INCOMING FY23)
Trustee or director
1$0$0$0
ERIC PATERSONTRUSTEE (OUTGOING FY23)
Trustee or director
1$0$0$0
MARY SNITCHTRUSTEE (INCOMING FY23)
Trustee or director
1$0$0$0
STEVEN WALKERTRUSTEE (OUTGOING FY23)
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
1881 CAMPUS COMMONS DR STE 400, RESTON, VA 20191-1523
In care of
% FINANCE DEPT
Principal officer (990 for 2024)
EUGENE C MOWRY, 12700 SUNRISE VALLEY DR 200, RESTON, VA 201915807
Signed the 990
LINDA MONTGOMERY, CHIEF FINANCIAL OFFICER
Phone
(703) 264-7500
Return prepared by
JOHNSON LAMBERT LLP

Mission

THE PURPOSE OF THE AIAA FOUNDATION, IN CONJUNCTION WITH AIAA, IS TO PROMOTE EDUCATION AND RECOGNIZE EXCELLENCE WITHIN THE AEROSPACE COMMUNITY BY INSPIRING AND SUPPORTING THE NEXT GENERATION OF AEROSPACE PROFESSIONALS, PRACTICING AEROSPACE PROFESSIONALS, AND THE INSTITUTIONS ENGAGED IN AEROSPACE EDUCATION AND PRACTICE.

990 for the year ended September 30, 2025

Program accomplishments

  • EDUCATION - THE AIAA FOUNDATION PROMOTES EDUCATIONAL ADVANCEMENT AND TECHNICAL EXCELLENCE IN THE AEROSPACE COMMUNITY BY PROVIDING FINANCIAL SUPPORT FOR UNDERGRADUATE AND GRADUATE SCHOLARSHIPS, STUDENT TECHNICAL PAPER CONFERENCES, AEROSPACE DESIGN COMPETITIONS, AND AWARDS RECOGNIZING OUTSTANDING ACHIEVEMENT IN VARIOUS AEROSPACE FIELDS. THE FOUNDATION ALSO PROMOTES STEM ACTIVITY AT THE K12 AND COLLEGIATE LEVELS, PROVIDES GRANTS AND ACHIEVEMENT AWARDS TO STEM EDUCATORS, AND PROVIDES RECOGNITION PLATFORMS FOR SIGNIFICANT AEROSPACE TECHNICAL AND COMMUNITY CONTRIBUTIONS.ALL SCHOLARSHIPS, AWARDS, AND DESIGN COMPETITION RECIPIENTS ARE SELECTED BY INDEPENDENT PANELS OF SUBJECT MATTER EXPERTS. DURING FY25, THE FOUNDATION AWARDED 30 SCHOLARSHIPS AND GRADUATE AWARDS, PRESENTED 16 PROFESSIONAL AWARDS, SUPPORTED 7 STUDENT CONFERENCES, SUPPORTED 17 DESIGN COMPETITIONS, RECOGNIZED 31 RISING STARS IN AEROSPACE, AND ISSUED 89 EDUCATOR GRANTS AND AWARDS.
    Expenses $809,243 · grants $313,099

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
54-1827596
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
1997
Accounting year ends
September
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$23,017,664
Income (IRS master file)
$2,083,177

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$1,479,316$1,090,021$23,017,664XML
990September 2024$1,241,653$1,166,280$21,207,769XML
990September 2023$1,398,786$1,761,214$17,616,655XML
990September 2022$2,009,354$2,464,492$16,253,647IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

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 54-1827596).

Questions about AIAA FOUNDATION INC

What is the EIN of AIAA FOUNDATION INC?
The employer identification number (EIN) of AIAA FOUNDATION INC is 54-1827596.
Is AIAA FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to AIAA FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does AIAA 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 AIAA FOUNDATION INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AIAA FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of AIAA FOUNDATION INC?
The 990 for the year ended September 30, 2025 names EUGENE C MOWRY.
Who are the officers and directors of AIAA FOUNDATION INC?
The 990 for the year ended September 30, 2025 lists 14 people; 4 received compensation from the organization, the highest $487,884 (DANIEL L DUMBACHER, EXECUTIVE DIRECTOR/SECRETARY (OUTGOING FY25)).
How much revenue does AIAA FOUNDATION INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $1,479,316, expenses of $1,090,021 and total assets of $23,017,664 at year end.

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