Educational Institutions

Alabama Association of Independent

  • Montgomery, AL
  • www.aaicu.net

Mission Statement

The association's mission is: 1. To build a strong case for support for Alabama's independent colleges and universities and promote a greater appreciation of independent higher education and its importance to the educational, cultural and economic needs of Alabama and the nation. 2. To provide a unified, collective voice through which its members can exercise influence in matters of common interest and develop and advocate legislation that will enable members to effectively serve their constituents. 3. To strengthen its resolve to provide financial support to its member colleges and universities through active participation in fund development campaigns, collaborative purchasing agreements, and streamlining of business practices. 4. To develop and oversee the administration of scholarship programs designed to ease the financial indebtedness of students and create opportunities for sustaining enrollments at its member colleges and universities. 5. To facilitate a spirit of cooperation and readiness through participatory research and collaboration desired by member institutions in the quest to strengthen the liberal arts and professional studies, choice and excellence, degree completion and employment opportunities for students.

ruling year

1957

Principal Officer

Self-reported

Mr. Paul Hankins

Keywords

Self-reported

higher education, scholarship fund raising, donations, independent colleges, first generation scholars, minority students, non-profit, undergraduate degree, graduate degree, historically black colleges, womens college, student assistance

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Also Known As

AAICU

EIN

63-0422143

 Number

0936618280

Contact

Cause Area (NTEE Code)

Fund Raising and/or Fund Distribution (B12)

Undergraduate College (4-year) (B42)

Cultural, Ethnic Awareness (A23)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Programs + Results

How does this organization make a difference?

Programs

Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

The Alabama Association of Independent Colleges and Universities (AAICU) is a not-for-profit organization that works with independent colleges and universities in the state providing financial assistance and access to higher education for students from all backgrounds. We currently have fourteen member institutions and serve over 24,000 students. We offer a menu for giving to our scholarship fund that includes the following options. 1.'Unrestricted Scholarship Gift' defray the cost of education for all students attending our member schools regardless of the student's race, color, creed, national origin, or financial standing. The student must be an undergraduate student and maintain a 3.0 GPA. 2.'Need Based Scholarships' are given to undergraduate students showing academic potential with an annual family income of $35,000 or less. More than 90% of our students receive some form of financial aid. 3.'Merit Based Scholarships' are awarded to students showing exceptional academic proficiency. Scholarship recipients are selected by a school representative and must maintain at least a 3.5 GPA. 4.'Named Scholarship Program' enables donors to create a scholarship in their name at each of our 14 member colleges. The minimum gift required is $14,000, a $1000 scholarship for each school with accompanying statewide publicity and recognition in the association newsletter. Scholarships may be designated for specific purposes by the donor; however all recipients must be Alabama residents demonstrating financial need and academic promise. 5.'Minority Based Scholarships' are given to minority undergraduate students displaying academic and leadership potential. These scholarships are intended to assist any minority scholar nominated by his/her school. Our membership includes five Historically Black Colleges and Universities and combined minority enrollment of over 11,284 students. 6.'Major Specific Scholarships' are given to undergraduate students pursuing specific academic majors such as Education, Business, Nursing, Health Care, Math, Science, etc. Recipients must be Alabama residents majoring in a discipline designated by the donor. 7.'Internship programs'

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Population(s) Served

Budget

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Financials

Financial information is an important part of gauging the short- and long-term health of the organization.

Alabama Association of Independent Colleges and Universities
Fiscal year: Jul 01-Jun 30
Yes, financials were audited by an independent accountant.

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Operations

The people, governance practices, and partners that make the organization tick.

Alabama Association of Independent

Leadership

NEED MORE INFO ON THIS NONPROFIT?

Free: Gain immediate access to the following:
  • Address, phone, website and contact information
  • Forms 990 for 2015, 2014 and 2013
  • Board Chair
  • Access to the GuideStar Community
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Principal Officer

Mr. Paul Hankins

BIO

General Hankins was hired as the president of AAICU in February 2005 after serving as a municipal consultant to the Mayor of the city of Montgomery, Alabama and the Montgomery Area Chamber of Commerce. Prior to that, he served over 29 years in the United States Air Force before entering the private sector from his position as the Commander of the Air Force Officer Accession and Training Schools. In that position, General Hankins served as the university president for three separate educational arms of the US Air Force -- Air Force ROTC (18,000 students at 144 college and university locations), Air Force Junior ROTC (113,000 students in 744 high schools internationally) and a post-graduate officers training program (3,500 students in resident on-campus programs). A native of Knoxville, Tennessee, General Hankins holds a BS degree from the United States Air Force Academy in Colorado Springs, Colorado and a MS degree from Troy State University in Alabama. Paul currently serves as: a Commissioner on the Montgomery Housing Authority’s Board of Directors, is a member of the National Board of Directors for the Foundation for Independent Higher Education (FIHE), the Board of Directors for the Coalition for College Cost Savings, the Board of Directors for Partners in Education, the Board of Directors for the Southern Association of Colleges and Schools (SACS) Commission on Colleges, and the Board of Directors for the Montgomery Education Foundation.

Governance

BOARD CHAIR

Dr. Billy Hilyer

Faulkner University

BOARD LEADERSHIP PRACTICES

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BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?


RESPONSE NOT PROVIDED

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?


RESPONSE NOT PROVIDED

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?


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BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?


RESPONSE NOT PROVIDED

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?