The albany state university foundation, inc. Enhances the academic vision and priorities of asu through its organized fundraising activities and funds management. The foundation, a non-profit corporation, is governed by an elected board of trustees, whose members serve as advocates for the university and its colleges, schools and programs. Private support funds scholarships, eminent scholar chairs, professorships and the innovative programs that distinguish asu as an exceptional institution. We know it is our generous donors who will sustain our tradition of academic excellence.

The foundation's leasing operations consist of leasing real estate with albany state university and board of regents for the operation and management of student housing facilities and a student center facility, located on the east campus, under a direct financing-type lease. received and managed funds which were used for financial assistance to qualified students of albany state university.