Nonprofit · EIN 63-1106495
AIR UNIVERSITY FOUNDATION
Tax-exempt · MAXWELL AFB, AL 36112
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $426,694 | $276,852 | $149,842 | $5,730,827 | $7,643 | $5,723,184 |
| December 31, 2024 | 990 | $558,582 | $242,606 | $315,976 | $5,201,422 | $5,014 | $5,196,408 |
| December 31, 2023 | 990 | $139,931 | $256,874 | -$116,943 | $4,586,280 | $0 | $4,586,280 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $101,888
- Program service revenue
- $0
- Investment income
- $322,921
- Royalties
- $677
- Net gain from sales of assets
- $152,832
- Net income from fundraising events
- $813
- Other revenue
- $1,885
Expenses
- Grants and similar amounts paid
- $22,434
- Compensation of officers, directors and key employees
- $58,004
- Other salaries and wages
- $7,288
- Salaries, compensation and benefits (total)
- $74,338
- Professional fundraising fees
- $0
- Accounting fees
- $11,150
- Travel
- $112
- Depreciation
- $13,327
- Program services (functional)
- $203,087
- Management and general (functional)
- $55,783
- Fundraising (functional)
- $17,982
Balance sheet and other
- Total assets, start of year
- $5,201,422
- Total assets, end of year
- $5,730,827
- Total liabilities, end of year
- $7,643
- Net assets, end of year
- $5,723,184
- Land, buildings and equipment
- $65,730
- Publicly traded securities
- $5,429,610
- Net assets without donor restrictions
- $2,079,275
- Net assets with donor restrictions
- $3,643,909
- Gross receipts
- $2,181,939
- Employees
- 2
- Volunteers
- 24
- Year formed
- 1994
- State of legal domicile
- AL
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSEPH A PANZA JR | EXECUTIVE DIRECTOR Officer | 30 | $58,004 |
| DR JACK HAWKINS JR | PRESIDENT Trustee or director, Officer | 1 | $0 |
| NIM FRAZER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| D BRUCE BARTON | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
| VANCE LYNN ALEXANDER | TRUSTEE Trustee or director, Officer | 1 | $0 |
| TONY BAGGIANO | TRUSTEE Trustee or director | 1 | $0 |
| DON BROWN | TRUSTEE Trustee or director | 1 | $0 |
| JC CARTER | TRUSTEE Trustee or director | 1 | $0 |
| LYNN M CARTER | TRUSTEE Trustee or director | 1 | $0 |
| GREG COCHRAN | TRUSTEE Trustee or director | 1 | $0 |
| EDWARD F CROWELL | TRUSTEE Trustee or director | 1 | $0 |
| MARK DIERLAM | TRUSTEE Trustee or director | 1 | $0 |
| CHUCK DILAURA | TRUSTEE Trustee or director | 1 | $0 |
| TRENT H EDWARDS | TRUSTEE Trustee or director | 1 | $0 |
| ROBERT FRYE | TRUSTEE Trustee or director | 1 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR NORMAN B HALPERN | TRUSTEE Trustee or director | 1 | $0 |
| CHARLES JINRIGHT | TRUSTEE Trustee or director | 1 | $0 |
| ANN MCKIMMON SIKES | TRUSTEE Trustee or director | 1 | $0 |
| WILLARD SNYDER | TRUSTEE Trustee or director | 1 | $0 |
| TODD STRANGE | TRUSTEE Trustee or director | 1 | $0 |
| ROBERT TAFFET | TRUSTEE Trustee or director | 1 | $0 |
| RAY WHITE | TRUSTEE Trustee or director | 1 | $0 |
| SIEU TANG WOOD | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 24 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSEPH A PANZA JR | EXECUTIVE DIRECTOR Officer | 30 | $59,124 |
| RAY WHITE | PRESIDENT Trustee or director, Officer | 1 | $0 |
| NIM FRAZER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| DR JAMES E DOTHEROW | SECRETARY Trustee or director, Officer | 1 | $0 |
| D BRUCE BARTON | TREASURER Trustee or director, Officer | 1 | $0 |
| VANCE LYNN ALEXANDER | TRUSTEE Trustee or director | 1 | $0 |
| TONY BAGGIANO | TRUSTEE Trustee or director | 1 | $0 |
| BOWEN BALLARD | TRUSTEE Trustee or director | 1 | $0 |
| DON BROWN | TRUSTEE Trustee or director | 1 | $0 |
| JC CARTER | TRUSTEE Trustee or director | 1 | $0 |
| LYNN M CARTER | TRUSTEE Trustee or director | 1 | $0 |
| EDWARD F CROWELL | TRUSTEE Trustee or director | 1 | $0 |
| MARK DIERLAM | TRUSTEE Trustee or director | 1 | $0 |
| JACK GALASSINI | TRUSTEE Trustee or director | 1 | $0 |
| DR NORMAN B HALPERN | TRUSTEE Trustee or director | 1 | $0 |
| GREG MCCLELLAN | TRUSTEE Trustee or director | 1 | $0 |
| SHERRIE MYERS | TRUSTEE Trustee or director | 1 | $0 |
| JOHN A SHAUD | TRUSTEE Trustee or director | 1 | $0 |
| WILLARD SNYDER | TRUSTEE Trustee or director | 1 | $0 |
| TODD STRANGE | TRUSTEE Trustee or director | 1 | $0 |
| ROBERT TAFFET | TRUSTEE Trustee or director | 1 | $0 |
| DON TAYLOR | TRUSTEE Trustee or director | 1 | $0 |
| VIRGINIA WHITFIELD | TRUSTEE Trustee or director | 1 | $0 |
| SIEU TANG WOOD | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 24 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSEPH A PANZA JR | EXECUTIVE DIRECTOR Officer | 30 | $58,624 |
| RAY WHITE | PRESIDENT Trustee or director, Officer | 1 | $0 |
| NIM FRAZER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| DR JAMES E DOTHEROW | SECRETARY Trustee or director, Officer | 1 | $0 |
| D BRUCE BARTON | TREASURER Trustee or director, Officer | 1 | $0 |
| VANCE LYNN ALEXANDER | TRUSTEE Trustee or director | 1 | $0 |
| TONY BAGGIANO | TRUSTEE Trustee or director | 1 | $0 |
| BOWEN BALLARD | TRUSTEE Trustee or director | 1 | $0 |
| DON BROWN | TRUSTEE Trustee or director | 1 | $0 |
| JC CARTER | TRUSTEE Trustee or director | 1 | $0 |
| LYNN M CARTER | TRUSTEE Trustee or director | 1 | $0 |
| EDWARD F CROWELL | TRUSTEE Trustee or director | 1 | $0 |
| MARK DIERLAM | TRUSTEE Trustee or director | 1 | $0 |
| JACK GALASSINI | TRUSTEE Trustee or director | 1 | $0 |
| DR NORMAN B HALPERN | TRUSTEE Trustee or director | 1 | $0 |
| GREG MCCLELLAN | TRUSTEE Trustee or director | 1 | $0 |
| SHERRIE MYERS | TRUSTEE Trustee or director | 1 | $0 |
| JOHN A SHAUD | TRUSTEE Trustee or director | 1 | $0 |
| WILLARD SNYDER | TRUSTEE Trustee or director | 1 | $0 |
| TODD STRANGE | TRUSTEE Trustee or director | 1 | $0 |
| ROBERT TAFFET | TRUSTEE Trustee or director | 1 | $0 |
| DON TAYLOR | TRUSTEE Trustee or director | 1 | $0 |
| VIRGINIA WHITFIELD | TRUSTEE Trustee or director | 1 | $0 |
| SIEU TANG WOOD | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 325 CHENNAULT CIRCLE BLDG 1401, MAXWELL AFB, AL 36112-6006
- In care of
- % JOSEPH A PANZA JR
- Principal officer (990 for 2025)
- JOSEPH A PANZA JR, 325 CHENNAULT CIRCLE BLDG 1401, MAXWELL AFB, AL 36112
- Signed the 990
- JOSEPH A PANZA JR, EXECUTIVE DIRECTOR
- Phone
- (334) 953-3174
- Return prepared by
- WARREN AVERETT LLC
Mission
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.
Program accomplishments
- STUDENT AND FACULTY MEMENTOS AND CASH GRANTS FOR EXCELLENCE IN WRITING, CONFERENCE SUPPORT AND MISCELLANEOUS PROGRAMSExpenses $22,434 · grants $22,434
- PROMOTING AND IMPROVING MILITARY AEROSPACE POWER AND USAF OPERATIONS IN THE U.S. AND THE WORLD.Expenses $180,653
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 63-1106495
- 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
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q430)
- Assets (IRS master file)
- $5,730,827
- Income (IRS master file)
- $2,181,939
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $426,694 | $276,852 | $5,730,827 | XML |
| 990 | December 2024 | $558,582 | $242,606 | $5,201,422 | XML |
| 990 | December 2023 | $139,931 | $256,874 | $4,586,280 | XML |
| 990 | December 2022 | $408,669 | $281,978 | $4,138,161 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 63-1106495).
Questions about AIR UNIVERSITY FOUNDATION
- What is the EIN of AIR UNIVERSITY FOUNDATION?
- The employer identification number (EIN) of AIR UNIVERSITY FOUNDATION is 63-1106495.
- Is AIR UNIVERSITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to AIR UNIVERSITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AIR UNIVERSITY FOUNDATION 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 AIR UNIVERSITY FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AIR UNIVERSITY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of AIR UNIVERSITY FOUNDATION?
- The 990 for the year ended December 31, 2025 names JOSEPH A PANZA JR.
- Who are the officers and directors of AIR UNIVERSITY FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 23 people; 1 received compensation from the organization, the highest $58,004 (JOSEPH A PANZA JR, EXECUTIVE DIRECTOR).
- How much revenue does AIR UNIVERSITY FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $426,694, expenses of $276,852 and total assets of $5,730,827 at year end.
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- HORIZON ASSOCIATION EIN 58-1910873 · last filed 990-EZ for 2026
- THE RED TAILS ASSOCIATION EIN 63-0795286 · last filed 990-EZ for 2025
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All nonprofits in MAXWELL AFB · Alabama · International, foreign affairs and national security