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Florida · Nonprofit

Florida Agricultural & Mechanical Univ Foundation Inc

Florida Agricultural & Mechanical Univ Foundation Inc (Florida) receives grants from 109 organizations whose IRS filings report $15,831,443 to it, the largest being GATES FOUNDATION ($1,875,000). 58 of them have funded it in more than one year.

Revenue FY2025
$29M
Funders on record
109
Grants received
$16M
Net assets
$222M
58/109 repeat funderspeak grant-dependency 22%
01What it does

What Florida Agricultural & Mechanical Univ Foundation Inc does

Mission

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

As stated on its FY2025 Form 990.

Programs

  1. 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.

    $10,848,774 spent
    58% of program spending
  2. Scholarships and grants include charges for tuition fees, room and board, books and stipends for scholars in various academic disciplines.

    $7,887,126 spentof which $7,887,126 as grants
    42% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $18,735,900.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($25M) Expenses 100 ($20M) Net assets 100 ($121M)2018 Revenue 89 ($22M) Expenses 78 ($15M) Net assets 104 ($126M)2019 Revenue 48 ($12M) Expenses 91 ($18M) Net assets 102 ($123M)2020 Revenue 45 ($11M) Expenses 65 ($13M) Net assets 99 ($120M)2021 Revenue 93 ($23M) Expenses 52 ($10M) Net assets 132 ($160M)2022 Revenue 185 ($46M) Expenses 80 ($16M) Net assets 136 ($165M)2023 Revenue 149 ($37M) Expenses 115 ($23M) Net assets 149 ($181M)2024 Revenue 149 ($37M) Expenses 117 ($23M) Net assets 170 ($206M)2025 Revenue 119 ($29M) Expenses 127 ($25M) Net assets 183 ($222M)
'17'18'19'20'21'22'23'24'25
Revenue (119)Expenses (127)Net assets (183)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $127M to $164M (+30%).

$130M
$133M
$130M
$127M
$164M
$166M
$183M
$207M
$226M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 2%. Grants only. Government contracts and fees sit inside program revenue.

55% of Florida Agricultural & Mechanical Univ Foundation Inc’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).

This organization
Typical peer · 4,251 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$5.1M
’17
$6.7M
’18
−$5.9M
’19
−$1.7M
’20
$13M
’21
$30M
’22
$14M
’23
$14M
’24
$4.5M
’25
7.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Carmen Cummings Martin

OAA Exec. Dir.

Board chair

Kenneth M Neighbors

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed323332333428303134
Joined·+2+3+4+2+4+3+7+5
No longer listed·143110162
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 10 funders to 40 funders, grant income rose $156k → $2.5M.

28 of 109 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 40% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Florida Agricultural & Mechanical Univ Foundation Inc’s funders (the co-funder graph). Top 30 of 109 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Florida Agricultural & Mechanical Univ Foundation Inc has a broad base — no single funder exceeds 12% of grant income, and it takes 7 funders to reach half.

the vertical line marks half of all grant income — 7 funders to its left

49% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Florida Agricultural & Mechanical Univ Foundation Inc.

12%
largest funder
28%
top three
~19
effective funders

Largest funder’s share by year: 2017 48% · 2018 26% · 2019 60% · 2020 62% · 2021 35% · 2022 28% · 2023 24% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

40% of Florida Agricultural & Mechanical Univ Foundation Inc's funders are still giving 3 years after their first grant; 53% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

Florida Agricultural & Mechanical Univ Foundation Inc draws 85% of its grant income from funders outside Florida, across 24 states in all.

WA
MN
IL
WI
MI
NY
MA
IN
OH
PA
NJ
CT
CA
CO
VA
MD
AZ
NC
DC
MS
AL
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $6.4M arriving through sponsors registered in 18 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Florida Agricultural & Mechanical Univ Foundation Inc runs a healthier operating margin than three-quarters of the 3,758 education nonprofits its size.

Operating margin15% · top quartile
Months of reserve7.7mo · top quartile
Revenue growth (annualized)2% · bottom quartile

this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025

Organizations like Florida Agricultural & Mechanical Univ Foundation Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

76% of spending goes to programs.

Program 76%Management 17%Fundraising 7%

Governance

28
board members
86%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

85%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 1 related entity

  • Florida A&M University · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Florida Agricultural & Mechanical Univ Foundation Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Florida Agricultural & Mechanical Univ Foundation Inc?
Florida Agricultural & Mechanical Univ Foundation Inc (Florida) receives grants from 109 organizations whose IRS filings report $15,831,443 to it, the largest being GATES FOUNDATION ($1,875,000). 58 of them have funded it in more than one year.
How many funders does Florida Agricultural & Mechanical Univ Foundation Inc have?
IRS filings report 109 organizations giving $15,831,443 in grants to Florida Agricultural & Mechanical Univ Foundation Inc, 58 of which have funded it in more than one year.
Who is the largest funder of Florida Agricultural & Mechanical Univ Foundation Inc?
GATES FOUNDATION is the largest funder on record, with $1,875,000 in grants. The full list of funders is on this page.
How can an organization like Florida Agricultural & Mechanical Univ Foundation Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 109 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing