Overview

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Est.

1942

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Faulkner University is an educational institution focused on undergraduate and university education, with a 2025 operating budget of $59.3M and total revenue of $84.3M. Its top funders include SNOOK FOUNDATION, TWL FOUNDATION C/O KARL ZIMMERMANN, and FAULKNER UNIVERSITY FOUNDATION, indicating a diversified funding base rather than reliance on a single named funder for most revenue.

Mission Statement

EDUCATIONAL INSTITUTION
Revenues
$84.3M
Expenses
$74.5M
Net Income:
+$9.8M
Assets
$128.3M
Liabilities
$45.4M
Net Assets:
+$82.9M
Operating Budget
$59.3M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
21
Median grant size
$12.7K
Largest grant received
$21.3M
D
DR Bud Stumbaugh
Board Member
S
Senator Jabo Waggoner
Board Member
D
DR Henri McDaniel
Board Member
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  • 58 funders
  • 136 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is FAULKNER UNIVERSITY’s budget?
In 2025, FAULKNER UNIVERSITY reported an annual operating budget of around $59.3 million. More detailed financial information is available to registered users.
What causes does FAULKNER UNIVERSITY support?
FAULKNER UNIVERSITY supports work in University education and Undergraduate education.
Where does FAULKNER UNIVERSITY operate?
FAULKNER UNIVERSITY is headquartered in MONTGOMERY, AL.
Who funded FAULKNER UNIVERSITY recently?
In 2025, FAULKNER UNIVERSITY received grants from RAYMOND JAMES CHARITABLE ENDOWMENT FUND, JAY AND CORRINE TUTHILL MEMORIAL SCHOLARSHIP TRUST, and FIDELITY INVESTMENTS CHARITABLE GIFT FUND. More information on this organization’s funders is available to registered users.
What is the largest grant FAULKNER UNIVERSITY received in 2024?
The largest grant to FAULKNER UNIVERSITY in 2024 exceeds $21.3 million.
What is FAULKNER UNIVERSITY’s reliance on government grants?
FAULKNER UNIVERSITY relied on government grants for less than 5% of their total revenue in 2025.