ALABAMA A & M UNIVERSITY FOUNDATION: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization: ALABAMA A & M UNIVERSITY FOUNDATION (EIN 23-7067600)
Tax period: 2009-10-01 to 2010-09-30
Filed: 2011-11-17
IRS object ID: 201133219349300708
Schema version: 2009v1.3
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-11-17T07:52:18-08:00	Timestamp
Tax Period End Date	2010-09-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BANKS FINLEY WHITE & CO	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	617 37TH STREET SOUTH	AddressLine1
City	BIRMINGHAM	City
State	AL	State
ZIP Code	35222	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2009-10-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	237067600	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	ALABAMA A&M UNIVERSITY FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	ALAB	NameControl
Phone	2563724776	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1057	AddressLine1
City	NORMAL	City
State	AL	State
ZIP Code	357621057	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	MR ALLEN VITAL	Name
Title	EXECUTIVE DIRECTOR	Title
Phone	2563724776	Phone
Date Signed	2011-11-14	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	JEFFREY WHITE	Name

Field	Value	IRS element (for citing)
Tax Year	2009	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Name Of Principal Officer Business NameOfPrincipalOfficerBusiness

Field	Value	IRS element (for citing)
Business Name Line1	MR ALLEN VITAL	BusinessNameLine1

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	4900 MERIDAN STREET 309 PATTON BUIL	AddressLine1
City	NORMAL	City
State	AL	State
ZIP Code	35762	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	3138006	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	N/A	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1969	YearFormation
State Legal Domicile	AL	StateLegalDomicile
Activity Or Mission Description	See Note	ActivityOrMissionDescription
Nbr Voting Members Governing Body	14	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	11	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Nbr Volunteers	0	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	193511	ContributionsGrantsPriorYear
Contributions Grants Current Year	406003	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	2314691	ProgramServiceRevenuePriorYear
Program Service Revenue CY	2628276	ProgramServiceRevenueCY
Investment Income Prior Year	132359	InvestmentIncomePriorYear
Investment Income Current Year	162288	InvestmentIncomeCurrentYear
Other Revenue Prior Year	-110942	OtherRevenuePriorYear
Other Revenue Current Year	-58561	OtherRevenueCurrentYear
Total Revenue Prior Year	2529619	TotalRevenuePriorYear
Total Revenue Current Year	3138006	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Current Year	0	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	2645686	OtherExpensePriorYear
Other Expenses Current Year	2986931	OtherExpensesCurrentYear
Total Expenses Prior Year	2645686	TotalExpensesPriorYear
Total Expenses Current Year	2986931	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-116067	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	151075	RevenuesLessExpensesCY
Total Assets BOY	17750260	TotalAssetsBOY
Total Assets EOY	17699493	TotalAssetsEOY
Total Liabilities BOY	19918887	TotalLiabilitiesBOY
Total Liabilities EOY	19717045	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	-2168627	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	-2017552	NetAssetsOrFundBalancesEOY
Mission Description	See Note	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	639667	Expense
Revenue	406003	Revenue
Description	ACADEMIC SUPPORT SCHOLARSHIPS & UNIVERSITY SUPPORT	Description
Total Program Service Expense	639667	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Balance Sheet Amounts Reported	true	BalanceSheetAmountsReported
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	true	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	false	ComplianceWithBackupWitholding
Number Of Employees	0	NumberOfEmployees
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Nbr Voting Governing Body Members	14	NbrVotingGoverningBodyMembers
Number Independent Voting Members	11	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	AL	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	DR ALLEN VITAL	NamePerson
Telephone Number	2563728344	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	ALABAMA AM UNIVERSITY	AddressLine1
City	NORMAL	City
State	AL	State
ZIP Code	357621057	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (14 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
MR ELBERT C MCWILLIAMS
1487 Crooked Tree Lane Stone Mountain, GA 30088	1.00	X	0	0	0
DR ERNEST KNIGHT
2075 Second Avenue, #11B New York, New York 10029	1.00	X	0	0	0
MR JOHN D FREDD
4900 12th Avenue, East Tuscaloosa, AL 35405	1.00	X	0	0	0
MR MARCUS PRICE
13005 St. Gregory Court Mitchellville, MD 20721	1.00	X	0	0	0
DR RICHARD SHOWERS SR
6040 Lincoya Drive, NW Huntsville, AL 35810	1.00	X	0	0	0
MR ROBERT CRENSHAW
106 Candlelight Lane Birmingham, AL 35210	1.00	X	0	0	0
DR ANDREW HUGINE EX-OFFICIO AAMU PR
P.O. Box 1357 Normal, AL 35762	1.00	X	0	0	0
ATTY JOCELYN JONES BOUSTANI
2602 Waterdown Road Hampton Cove, AL 35763	1.00	X	0	0	0
MRS FLO STALLWORTH
302 Osman Drive Madison, AL 35756	1.00	X	0	0	0
MS LINDA FAYE JACKSON
6551 Loisdale Court, Suite 600 Springfield, VA 22150	1.00	X	0	0	0
DR CARL MARBURY
P.O. Box 1061 Leeds, AL 35094	1.00	X	0	0	0
ATTY MARK DEBRO FOUNDATION ATTORNEY
108 Jefferson Street North Huntsville, AL 35801	1.00	X	0	0	0
DR L SHEFTON RIGGINS EX-OFFICIO
817 Princeton Avenue, SW, Ste 300 Birmingham, AL 35211	1.00	X	0	0	0
MR ALLEN P VITAL EX-OFFICIO EXECUTI
P.O. Box 294 Normal, AL 35762	1.00	X	0	0	0

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
All Other Contributions	406003	AllOtherContributions
Total Contributions	406003	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	Net rental revenue and related fees	Description
Business Code	531390	BusinessCode
Total Revenue Column	2628276	TotalRevenueColumn
Related Or Exempt Function Income	2628276	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	2628276	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	162288	TotalRevenueColumn
Related Or Exempt Function Income	162288	RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	Realized and unrealized gain (loss) on investments	Description
Business Code	900099	BusinessCode
Total Revenue Column	-58561	TotalRevenueColumn
Related Or Exempt Function Income	-58561	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	-58561	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	3138006	TotalRevenueColumn
Related Or Exempt Function Income	2732003	RelatedOrExemptFunctionIncome

Interest Interest

Field	Value	IRS element (for citing)
Total	1318029	Total
Program Services	0	ProgramServices
Management And General	1318029	ManagementAndGeneral
Fundraising	0	Fundraising

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	625260	Total
Program Services	0	ProgramServices
Management And General	625260	ManagementAndGeneral
Fundraising	0	Fundraising

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
Scholarships & Awards	182455	182455	0
Program Administration	437679	437679	0
Investment fees	36471	0	36471
Other	19533	19533	0
Rental operating expenses	367504	0	367504

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	2986931	Total
Program Services	639667	ProgramServices
Management And General	2347264	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	434376	BOY
EOY	252540	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	982715	BOY
EOY	1704628	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	12074	BOY
EOY	12074	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	14933639	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	5154885	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	10353955	BOY
EOY	9778754	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	3208195	BOY
EOY	3286396	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	2758945	BOY
EOY	2665101	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	17750260	BOY
EOY	17699493	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	760555	BOY
EOY	791351	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	188435	BOY
EOY	188835	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	17295000	BOY
EOY	16925000	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	1674897	BOY
EOY	1811859	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	19918887	BOY
EOY	19717045	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	-4399113	BOY
EOY	-4575313	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1230486	BOY
EOY	1557761	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1000000	BOY
EOY	1000000	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	-2168627	BOY
EOY	-2017552	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	17750260	BOY
EOY	17699493	EOY

Field	Value	IRS element (for citing)
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Consolidated	X	FinancialStatementConsolidated
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
College Support Org170b1 Aiv	X	CollegeSupportOrg170b1Aiv

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	343508	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	419703	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	277951	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	193511	CurrentTaxYearMinus1Year
Current Tax Year	406003	CurrentTaxYear
Total	1640676	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	343508	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	419703	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	277951	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	193511	CurrentTaxYearMinus1Year
Current Tax Year	406003	CurrentTaxYear
Total	1640676	Total

Field	Value	IRS element (for citing)
Public Support Total170	1640676	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	84011	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	218006	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	141494	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	132359	CurrentTaxYearMinus1Year
Current Tax Year	162288	CurrentTaxYear
Total	738158	Total

Field	Value	IRS element (for citing)
Total Support	2378834	TotalSupport
Public Support Pertcentage170	0.68970	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.70030	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170
Public Support Total509	0	PublicSupportTotal509
Public Support Percentage509	0	PublicSupportPercentage509
Investment Income Percentage	0	InvestmentIncomePercentage

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	664537	InvestmentCostOrOtherBasis
Book Value	664537	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	12734402	InvestmentCostOrOtherBasis
Depreciation	3707787	Depreciation
Book Value	9026615	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	1447098	InvestmentCostOrOtherBasis
Depreciation	1447098	Depreciation

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	87602	InvestmentCostOrOtherBasis
Book Value	87602	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	9778754	TotalOfBookValueLandBuildings

Other Securities OtherSecurities (5 entries)

DescriptionDescription	Method Of ValuationMethodOfValuation	Book ValueBookValue
Equity securities	F
Mutual funds	F	361305
Government securities	F
Certificate of deposit	F	441047
Money market funds	F	2484044

Field	Value	IRS element (for citing)
Total Of Book Value Securities	3286396	TotalOfBookValueSecurities

Other Assets OtherAssets (3 entries)

DescriptionDescription	Book ValueBookValue
Bond issuance costs	984528
Security deposit
Trustee held funds	1680573

Field	Value	IRS element (for citing)
Total Book Value Other Assets	2665101	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (4 entries)

DescriptionDescription	AmountAmount
Accrued interest	$335,140
Funds held for other organizations	$1,476,719
Related Party payable
Security deposits

Field	Value	IRS element (for citing)
Total Of Amounts	1811859	TotalOfAmounts
Total Revenue	3138006	TotalRevenue
Total Expenses	2986931	TotalExpenses
Excess Or Deficit For Year	151075	ExcessOrDeficitForYear
Excess Or Deficit Per FS	151075	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	3138006	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	3138006	RevenueSubtotal
Total Revenue Per Form990	3138006	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	2986931	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	2986931	ExpensesSubtotal
Total Expenses Per Form990	2986931	TotalExpensesPerForm990

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (9 entries)

IdentifierIdentifier	ExplanationExplanation
Pt VI-B, Line 11A	A copy of the 990 return was submitted to
	the Board of Director for review.
Pt VI-B, Line 12c	The foundation is an affiliate organization of Alabama
	A & M University all employees of the Foundation are
	employees of the University and must adhere to policies
	set by the University.
Pt VI-C, Line 19	All conflict of interest policy information is
	supplied to each member of the board, and is published on
	Alabama A & M University Website.