2025-08-15T15:02:57-05:00 2024-09-30 461498870 BMSS LLC 400 MERIDIAN STREET N 201 HUNTSVILLE AL 35801 990 2023-10-01 464776909 AAMU-RISE FOUNDATION AAMU 2563725866 PO BOX 272 NORMAL AL 35762 DR ANDREW SCOTT INTERIM EXECUTIVE DIRECTOR 2563725866 2025-08-15 1 1 JAMES RL CARROLL CPA P01451091 2059825500 2025-07-22 2023 2025-03-06 01:10:19Z DR ANDREW SCOTT ALABAMA AM UNIVERSITY HOWARD J FOSTER BUILDING ROOM 152 NORMAL AL 35762 2118448 0 X WWW.AAMU-RISE.ORG X 2014 AL TO DEVELOP AND ADMINISTER CONTRACT AND R&DS ON BEHALF OF ALABAMA A&M UNIVERSITY, CONDUCTED BY AAMU FACULTY AND ITS AFFILIATES. TO COORDINATE SPONSORED RESEARCH PROGRAMS FOR THE UNIVERSITY. 7 7 0 0 0 0 170157 80116 776719 2038332 249 0 0 0 947125 2118448 104076 0 0 0 609777 2025438 0 0 0 217237 150265 931090 2175703 16035 -57255 1266535 1083710 660030 523369 606505 560341 TO DEVELOP AND ADMINISTER CONTRACT AND R&DS ON BEHALF OF ALABAMA A&M UNIVERSITY, CONDUCTED BY AAMU FACULTY AND ITS AFFILIATES. TO COORDINATE SPONSORED RESEARCH PROGRAMS FOR THE UNIVERSITY. 0 0 2072084 2038332 AAMU-RISE, A RESEARCH AND DEVELOPMENT ARM OF ALABAMA A&M UNIVERSITY, SUPPORTS GOVERNMENT AND INDUSTRY PARTNERS THROUGH ADVANCED SCIENTIFIC AND ENGINEERING RESEARCH. WITH EXPERTISE IN AREAS SUCH AS MATERIAL SCIENCE, CYBERSECURITY, BIOTECHNOLOGY, AND AEROSPACE SYSTEMS, AAMU-RISE HAS SUCCESSFULLY EXECUTED FEDERAL CONTRACTS, AND DEVELOPED CUTTING-EDGE TECHNOLOGIES THROUGH TRAINING AND FUNDING SUPPORT. 2072084 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 X 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 1 0 0 0 AL X X DR ANDREW SCOTT 2563725866 4900 MERIDIAN STREET N NORMAL AL 35762 X DR DANIEL K WIMS PRESIDENT - AAMU 1.00 40.00 X 0 0 0 DR MAJED EL-DWEIK CHAIR, VP RESEARCH & ECONOMIC DEVELOPMENT - AAMU 1.00 40.00 X X 0 0 0 DR JOHN JONES VICE CHAIR, PROVOST & VP ACADEMIC AFFAIRS - AAMU 1.00 40.00 X X 0 0 0 DR CARLTON SPELLMAN TREASURER, VP FOR BUSINESS & FINANCE, AAMU 1.00 40.00 X X 0 0 0 DR SCHERRIE BANKS PICKETT GENERAL DIRECTOR, TRUSTEE, AAMU 1.00 40.00 X 0 0 0 DR ZIOQING QIAN GENERAL DIRECTOR 1.00 40.00 X 0 0 0 DR ZHENGTAO DANG GENERAL DIRECTOR 1.00 40.00 X 0 0 0 DR ANDREW SCOTT EXECUTIVE DIRECTOR 20.00 X 0 0 0 0 0 0 0 0 0 0 0 80116 80116 SERVICES 611710 2038332 2038332 2038332 2118448 2038332 0 0 2025438 2025438 25763 25763 11160 11160 63214 20604 42610 5993 5993 9775 4489 5286 1393 1393 19924 19924 GIFTS 9000 9000 MEALS AND ENTERTAINMENT 2666 2666 TAXES AND LICENSES 1229 1229 MISCELLANEOUS 148 148 2175703 2072084 103619 0 1126083 424923 127213 641688 8387 10910 16957 10768 4852 6189 1266535 1083710 90073 379997 569957 143372 660030 523369 X 606505 560341 606505 560341 1266535 1083710 -57255 11091 0 X X 0 1 X 0 0 X 131 1256131 104282 170157 80116 1610817 390570 995020 451097 776719 1909619 4523025 390701 2251151 555379 946876 1989735 6133842 100000 50000 150000 362501 788370 411660 695528 1608499 3866558 362501 788370 411660 795528 1658499 4016558 2117284 249 249 249 249 390701 2251151 555379 947125 1989735 6134091 0.34520 0.99990 0.00000 0.00010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16957 10768 6189 6189 DUE TO ALABAMA A&M 143372 143372 X 2118448 0 2118448 0 2118448 2175703 0 2175703 0 2175703 PART X, LINE 2: THE FOUNDATION IS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION UNDER THE ALABAMA NONPROFIT CORPORATION ACT. ADDITIONALLY, THE FOUNDATION HAS BEEN GRANTED TAX-EXEMPT STATUS BY THE INTERNAL REVENUE SERVICE FOR INCOME TAX PURPOSES. THE FOUNDATION IS SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT) ONLY IF IT ENGAGES IN ACTIVITIES SUBJECT TO THE UBIT REGULATIONS. TAX POSITIONS ARE INITIALLY RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2024 AND 2023 BASED ON AN ASSESSMENT OF MANY FACTORS INCLUDING EXPERIENCE AND INTERPRETATIONS OF TAX LAWS APPLIED TO THE FACTS OF EACH MATTER FOR ALL OPEN TAX YEARS. FORM 990, PART V - ADDITIONAL INFORMATION PART V 1A/B: FORMS 1099 AND W-2 WERE PROCESSED THROUGH THE UNIVERSITY'S SYSTEM FOR THE AAMU-RISE FOUNDATION AND THE UNIVERSITY ISSUED FORMS 1099 AND W-2 DIRECTLY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE FOUNDATION'S PRESIDENT AND BOARD OF DIRECTOR'S TREASURER. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES TO THE PROCESS BY WHICH AN INDEPENDENT ACCOUNTANT IS SELECTED FOR AN ANNUAL AUDIT, OR THE AUDIT COMMITTEE EXERCISES OVERSIGHT OVER THE AUDIT OF THE ORGANIZATION. SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION AAMU-RISE FOUNDATION PO BOX 272 NORMAL, AL 35762 EMPLOYER IDENTIFICATION NUMBER: 46-4776909 FOR THE YEAR ENDING SEPTEMBER 30, 2024 AAMU-RISE FOUNDATION IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F). SECTION 1.263(A)-3(N) ELECTION AAMU-RISE FOUNDATION PO BOX 272 NORMAL, AL 35762 EMPLOYER IDENTIFICATION NUMBER: 46-4776909 FOR THE YEAR ENDING SEPTEMBER 30, 2024 AAMU-RISE FOUNDATION IS MAKING THE ELECTION TO CAPITALIZE REPAIR AND MAINTENANCE COSTS UNDER REG. SEC. 1.263(A)-3(N). 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