2023-11-14T16:18:02-07:00 2022-12-31 990 2022-01-01 900709302 ASCEND CARES FOUNDATION ASCE 7133515700 1010 TRAVIS STREET SUITE 900 HOUSTON TX 77002 Rizwan Amanullah Director 7133155838 2023-11-13 1 1 11 1 AAL2 X 2022 2023-04-26 12:10:37Z ANDREW RALSTON 1010 TRAVIS STREET SUITE 900 HOUSTON TX 77002 1807020 0 X ASCENDMATERIALS.COM/WHO/ASCEND-CARES X 2011 DE THE CORPORATION SHALL PROVIDES AID TO VICTIMS OF NATURAL OR CIVIL DISASTERS OR EMERGENCY HARDSHIPS AND SUPPORT THE EFFORTS OF RELIEF ORGANIZATIONS. FURTHERMORE THE CORPORATION, PROVIDES SCHOLARSHIPS AND SUPPORT THE EFFORTS OF VARIOUS NOT FOR PROFIT ORGANIZATIONS. 11 0 0 1570 302206 0 1314550 1373532 0 0 0 0 234581 302206 1549131 1675738 1117145 1610617 0 0 0 0 0 0 0 28582 281261 1145727 1891878 403404 -216140 948154 729356 307087 304429 641067 424927 X ASCEND CARES FOUNDATION (THE "CORPORATION") IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 IN FURTHERANCE OF SUCH PURPOSES, THE CORPORATION SHALL PROVIDE AID TO VICTIMS OF NATURAL OR CIVIL DISASTERS OR EMERGENCY HARDSHIPS AND SUPPORT THE EFFORTS OF RELIEF ORGANIZATIONS THAT PROVIDE AID TO VICTIMS OF NATURAL OR CIVIL DISASTERS OR EMERGENCY HARDSHIPS. ASCEND CARES COORDINATES VOLUNTEERS AND PROVIDES FINANCIAL SUPPORT TO 501(C)(3) ORGANIZATIONS THAT SUPPORT CHILDREN'S HEALTH AND SAFETY, EDUCATION, HOUSING, HUNGER AND THE MILITARY. 0 0 1400487 1400487 0 THE ASCEND CARES FOUNDATION SERVES ALL AREAS WHERE ASCEND PERFORMANCE MATERIALS HAS A PRESENCE BY FUNDING VARIOUS NONPROFITS PROGRAMS, AND PROJECTS BENEFITTING THE NEEDY AND THE COMMUNITY AS A WHOLE. 163273 163273 0 THE ASCEND CARES FOUNDATION AWARDS SCHOLARSHIPS BASED ON FINANCIAL NEED ACADEMIC PERFORMANCE AND COMMUNITY SERVICE. APPLICANTS EXPLAIN THEIR FINANCIAL NEED AND COMMUNITY SERVICE IN AN ESSAY FORMAT; PAYMENTS ARE MADE DIRECTLY TO THE SCHOOL. TO BE ELIGIABLE, APPLICANTS MUST ATTEND A 4 YEAR COLLEGE OR JUNIOR COLLEGE, AND MUST BE CHILDREN OR DEPENDENTS OF EMPLOYEES IN GOOD STANDING. IN 2022, 100 SCHOLARSHIPS WERE AWARDED. 46857 46857 0 THE PURPOSE OF THE GRANT IS TO SUPPORT SEVERAL ASCEND EMPLOYEES AND THEIR FAMILY MEMBERS DURING ILLNESS OR DISASTER. TO BE ELIGIBLE THE EMPLOYEE FILLS OUT AN APPLICATION FOR ASSISTANCE AND IS APPROVED BY THE ASCEND CARES COMMITTEE. 20 HARDSHIP GRANTS WERE GIVEN DURING 2022. 281261 0 0 ORGANIZATION EXPENSES 281261 0 0 1891878 1 1 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 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 X ANDREW RALSTON 7133155700 1010 TRAVIS STREET SUITE 900 HOUSTON TX 77002 PHIL MCDIVITT DIRECTOR 0.5 40 X 0 0 0 ANDREW RALSTON SECRETARY 0.5 40 X X 0 0 0 RIZWAN AMANULLAH DIRECTOR 0.5 40 X 0 0 0 LYNN CREAR DIRECTOR 0.5 40 X 0 0 0 TOM BOGGS CHAIR 0.5 40 X X 0 0 0 SCOTTY HALL DIRECTOR 0.5 40 X 0 0 0 HAL MCCORD DIRECTOR 0.5 40 X 0 0 0 MIMI SMITH DIRECTOR 0.5 40 X 0 0 0 RACHELL GOLD EXECUTIVE DIRECTOR 0.5 40 X X 0 0 0 PRAMOD BENGANI DIRECTOR 0.5 40 X 0 0 0 MICHAEL WALTERS DIRECTOR 0.5 40 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 709206 0 664326 0 1373532 0 0 0 0 0 433488 0 131282 302206 302206 0 0 1675738 0 302206 0 X 1400487 1400487 210130 210130 -3510 -3510 54829 54829 35 35 7813 7813 0 222094 222094 1891878 1891878 0 0 320916 290536 627238 438820 948154 729356 307087 304429 307087 304429 X 0 0 0 0 641067 424927 641067 424927 948154 729356 -216140 0 0 0 0 0 X 0 0 0 X 636693 846524 1104000 1602743 1373532 5563492 636693 846524 1104000 1602743 1373532 5563492 2375480 3188012 5563492 0 0.57302 0.47494 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Ascend Cares Golf Tournmanet 433488 0 433488 0 0 0 0 0 131282 0 0 433488 0 433488 0 0 0 0 0 131282 131282 302206 0 Kiwanis Club of Big Lagoon Foundation 10447 Sorento Road Suite 100 Pensacola FL 32507 593508257 501 (c)(3) 7500 General Support Ninety Six Elementary School District 52 605 Johnston Rd Ninety Six SC 29666 576001087 8469 General Support Escambia County Public Schools Foundation For Excellence Inc 30 East Texar Drive Pensacola FL 32503 592715995 501 (c)(3) 17783 General Support Reimagine Doers of the Word 3000 West Detroit Blvd Pensacola FL 32534 061661255 501 (c)(3) 7500 General Support Parents and Children Together PO Box 1247 Decatur AL 35602 630770591 501 (c)(3) 17895 General Support Boys & Girls Clubs Of The Crescent Region Teens Center PO Box 50501 Greenwood SC 29649 570399808 501 (c)(3) 9935 General Support City of Santa Fe PO Box 950 Santa Fe TX 77510 742017295 12000 General Support & Santa Fe Park Revitalization The Women's Home 607 Westheimer Rd Houston TX 77006 741467811 501 (c)(3) 25064 General Support PTSD Foundation of America l Camp Hope 9724 Derrington Rd Houston TX 77064 203864341 501 (c)(3) 7200 General Support Special Olympics Texas 2501 Central Pkwy Suit C 1A Houston TX 77092 741998367 501 (c)(3) 21500 General Support Yellowstone Academy Inc 3000 Trulley Street Houston TX 77004 760686870 501 (c)(3) 35801 General Support The Beacon of Downtown Houston 1117 Texas Avenue Houston TX 77002 710933434 501 (c)(3) 17000 General Support Magnificat Houses Inc PO Box 8486 Houston TX 77288 237003471 501 (c)(3) 10000 General Support Kidz Harbor 638 Harbor Rd Liverpool TX 77577 431927828 501 (c)(3) 5588 General Support Community Initiatives Inc Post Office Box 1135 Greenwood SC 29646 311741660 501 (c)(3) 19309 General Support Wreaths Across America 4 Point Street Columbia Falls ME 04623 208362270 501 (c)(3) 5400 General Support Arms Wide 6925 Portwest Dr 110 Houston TX 77024 742116380 501 (c)(3) 14088 General Support Candlelighters Childhood Cancer Family Alliance 12919 Southwest Fwy Suite 100 Stafford TX 77477 760367440 501 (c)(3) 20088 General Support Dan's House of Hope & GCBC 4917 Jackson St Houston TX 77004 272343010 501 (c)(3) 10213 General Support Fire Outreach of Houston 1801 Smith St Ste 600 Houston TX 77002 841788749 501 (c)(3) 11700 General Support Kids' Meals Inc 330 Garden Oaks Blvd Houston TX 77018 760330447 501 (c)(3) 5811 General Support DePelchin Childrens Center 4950 Memorial Dr Houston TX 77007 760318867 501 (c)(3) 11000 General Support Make a Wish Texas Gulf Coast & Lousiana 12625 Southwest Fwy Stafford TX 77477 760116615 501 (c)(3) 15000 General Support Trees for Houston 1911 W 34th St Houston TX 77018 760046318 501 (c)(3) 8196 General Support Cullman Child Development Center 17600 US-31 Cullman AL 35058 636000839 501 (c)(3) 71451 General Support Marine Toys for Tots Foundation 18251 Quantico Gateway Dr Triangle VA 22172 203021444 501 (c)(3) 41356 General Support Council On Aging Of West Florida Inc PO Box 17066 Pensacola FL 32522 591373939 501 (c)(3) 46694 General Support Greenwood School District 50 1855 Calhoun Rd Greenwood SC 29649 576004641 14287 General Support Beyond Abuse 115 E Alexander Ave Greenwood SC 29646 570681915 501 (c)(3) 25137 General Support Meg's House PO Box 3410 Greenwood SC 29648 570904064 501 (c)(3) 6311 General Support West Galveston County Interfaith Caring Ministries 4205 Jackson St Santa Fe TX 77517 760322279 501 (c)(3) 22526 General Support The Warriors Refuge 212 Noth 14 St West Columbia TX 77486 833787674 501 (c)(3) 9450 General Support Baldwin Count Education Coalition Inc PO Box 932 Summerdale AL 36580 453122332 501 (c)(3) 15000 General Support Texas HOPE 2575 CR 180 Alvin TX 77511 871091472 501 (c)(3) 10000 General Support James B Washington Education & Sports Inc 2020 N Palafox St Pensacola FL 32501 830799924 501 (c)(3) 8000 General Support Louisville Rowing Club Inc PO Box 7476 Louisville KY 40257 611364667 501 (c)(3) 7000 General Support Alvin Independent School District 301 E House St Alvin TX 77511 746000030 19865 General Support Communities in Schools Southeast Harris and Brazoria County 4005 Technology Dr 2150 Angleton TX 77515 760392820 501 (c)(3) 19865 General Support Greenwood County Sheriff and Law Enforcement Departments 528 Edgefield Street Greenwood SC 29646 576000358 10550 General Support Cantonment Improvement Committee 208 Webb St Cantonment FL 32533 475184596 501 (c)(3) 20595 General Support J M Tate High School 1771 Tate Rd Cantonment FL 32533 858013416 5588 General Support The Community Foundation of Greater Decatur PO Box 79 Decatur AL 35601 630864276 501 (c)(3) 20000 General Support Decatur City Board of Education 910 Somerville Rd SE Decatur AL 35601 636000847 501 (c)(3) 6000 General Support Escambia Community Clinics Inc dba Community Health 2315 W Jackson St Pensacola FL 32505 593105246 501 (c)(3) 5933 General Support 44 0 HARDSHIP ASSISTANCE 20 46857 0 SCHOLARSHIP RECIPIENTS 100 163273 0 Schedule I, Part I, Line 2 ALL EMPLOYEE AND DISASTER HARDSHIP GRANTS GO THROUGH A DETAILED PROCESS TO ENSURE THE APPLICANT IS ELIGIBLE FOR THE GRANT AND THAT THE FUNDS WILL BE USED FOR CHARITABLE PURPOSES. Form 990, Part III, Line 1 ASCEND CARES FOUNDATION (THE "CORPORATION") IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986. IN FURTHERANCE OF SUCH PURPOSES, THE CORPORATION SHALL PROVIDE AID TO VICTIMS OF NATURAL OR CIVIL DISASTERS OR EMERGENCY HARDSHIPS AND SUPPORT THE EFFORTS OF RELIEF ORGANIZATIONS THAT PROVIDE AID TO VICTIMS OF NATURAL OR CIVIL DISASTERS OR EMERGENCY HARDSHIPS. ASCEND CARES COORDINATES VOLUNTEERS AND PROVIDES FINANCIAL SUPPORT TO 503(C)(3) ORGANIZATIONS THAT SUPPORT CHILDREN'S HEALTH AND SAFETY, EDUCATION, HOUSING, HUNGER, AND THE MILITARY. Form 990, Part VI, Section A, Line 8b THE ORGANIZATION DOES NOT HAVE COMMITTEES. Form 990, Part VI, Section B, Line 11b THE BOARD OF DIRECTORS WILL BE PROVIDED A COPY OF THE FORM 990 BEFORE THE FORM IS FILED WITH THE IRS. Form 990, Part VI, Section B, Line 12c ASCEND CARES FOUNDATION MAINTAINS A CONFLICT OF INTEREST POLICY. COMPLIANCE WITH THE POLICY WAS ENSURED BY OBTAINING ANNUAL CERTIFICATIONS FROM THE BOARD OF DIRECTORS AND REVIEWING ANY POTENTIAL CONFLICTS OF INTEREST. IT IS DETERMINEDTHAT A DIRECTOR HAS A CONFLICT OF INTEREST, THE DIRECTOR RECUSES HIMSELF/HERSELF FROM ANY VOTE THAT COULD CAUSE POTENTIAL CONFLICT. ASCEND CARES FOUNDATION (THE "CORPORATION") IS A CHARITABLE ORGANIZATION THE BOARD MEMBERS AND OFFICERS OF WHICH SERVE THE PUBLIC PURPOSES FOR WHICH IT IS DEDICATED. THESE PERSONS HAVE A DUTY TO CONDUCT THE AFFAIRS OF THE CORPORATION IN A MANNER CONSISTENT WITH SUCH PURPOSES AND NOT TO ADVANCE THEIR PERSONAL INTERESTS. THIS CONFLICT OF INTEREST POLICY IS INTENDED TO PERMIT THE CORPORATION AND ITS BOARD MEMBERS AND OFFICERS TO IDENTIFY, EVALUATE AND ADDRESS ANY REAL, POTENTIAL OR APPARENT CONFLICTS OF INTEREST THAT MIGHT, IN FACT OR IN APPEARANCE, CALL INTO QUESTION THEIR DUTY OF UNDIVIDED LOYALTY TO THE CORPORATION. I. COVERED TRANSACTIONS THIS POLICY APPLIES TO TRANSACTIONS BETWEEN THE CORPORATION AND THE CORPORATION'S BOARD MEMBERS AND MANAGERS (EACH A "COVERED PERSON"), OR BETWEEN THE CORPORATION AND ANOTHER PARTY WITH WHICH A COVERED PERSON HAS A SIGNIFICANT RELATIONSHIP. A COVERED PERSON IS CONSIDERED TO HAVE A SIGNIFICANT RELATIONSHIP WITH ANOTHER PARTY IF: (A) THE OTHER PARTY IS A FAMILY MEMBER, INCLUDING A SPOUSE, PARENT, SIBLING, CHILD, STEPCHILD, GRANDPARENT, GRANDCHILD, GREAT-GRANDCHILD, IN-LAW, OR DOMESTIC PARTNER; (B) THE OTHER PARTY IS AN ENTITY IN WHICH THE COVERED PERSON HAS A MATERIAL FINANCIAL INTEREST. THE DETERMINATION OF WHAT CONSTITUTES A MATERIAL FINANCIAL INTEREST INCLUDES ENTITIES IN WHICH THE COVERED PERSON AND ALL INDIVIDUALS OR ENTITIES HAVING SIGNIFICANT RELATIONSHIPS WITH THE COVERED PERSON OWN, IN THE AGGREGATE, MORE THAN 10%; OR (C) THE COVERED PERSON IS AN OFFICER, DIRECTOR, TRUSTEE, OR EMPLOYEE OF THE OTHER PARTY. A COVERED TRANSACTION ALSO INCLUDES ANY OTHER TRANSACTION IN WHICH THERE MAY BE AN ACTUAL OR PERCEIVED CONFLICT OF INTEREST, INCLUDING ANY TRANSACTION IN WHICH THE INTERESTS OF A COVERED PERSON MAY BE SEEN AS COMPETING WITH THE INTERESTS OF THE CORPORATION. II. DISCLOSURE, REFRAIN FROM INFLUENCE, AND RECUSAL WHEN A COVERED PERSON BECOMES AWARE OF A PROPOSED COVERED TRANSACTION, HE OR SHE SHALL HAVE A DUTY TO TAKE THE FOLLOWING ACTIONS: (A) IMMEDIATELY DISCLOSE THE EXISTENCE AND CIRCUMSTANCES OF SUCH COVERED TRANSACTION TO THE CORPORATION'S BOARD IN WRITING; (B) REFRAIN FROM USING HIS OR HER PERSONAL INFLUENCE TO ENCOURAGE THE CORPORATION TO ENTER INTO THE COVERED TRANSACTION; AND (C) PHYSICALLY EXCUSE HIMSELF OR HERSELF FROM PARTICIPATION IN ANY DISCUSSIONS REGARDING THE COVERED TRANSACTION WITH OFFICERS AND EMPLOYEES OF THE CORPORATION AND AT MEETINGS OF THE BOARD, EXCEPT TO RESPOND TO REQUESTS FOR INFORMATION ABOUT THE COVERED TRANSACTION. III. STANDARD FOR APPROVAL OF COVERED TRANSACTIONS THE CORPORATION MAY ENTER INTO A COVERED TRANSACTION WHERE (A) SUCH TRANSACTION DOES NOT CONSTITUTE AN ACT OF SELF-DEALING, AND (B) THE BOARD DETERMINES, ACTING WITHOUT THE PARTICIPATION OR INFLUENCE OF THE COVERED PERSON AND BASED ON COMPARABLE MARKET DATA, THAT SUCH TRANSACTION IS FAIR AND REASONABLE TO THE CORPORATION. THE BOARD SHALL DOCUMENT THE BASIS FOR THIS DETERMINATION IN THE MINUTES OF THE MEETING AT WHICH THE COVERED TRANSACTION IS CONSIDERED, AND SHALL CONSULT WITH THE CORPORATION'S LEGAL ADVISOR AS NECESSARY TO ENSURE THAT THE TRANSACTION DOES NOT CONSTITUTE AN ACT OF SELF-DEALING. IN THE EVENT THAT ALL BOARD MEMBERS HAVE AN ACTUAL OR PERCEIVED CONFLICT OF INTEREST WITH RESPECT TO A COVERED TRANSACTION, THE BOARD MAY APPROVE THE TRANSACTION IF IT FOLLOWS THE STANDARDS FOR APPROVAL DESCRIBED IN THIS SECTION 3, WITHOUT REGARD TO THE GENERAL REQUIREMENT UNDER THIS POLICY FOR NONPARTICIPATION BY AND RECUSAL OF SUCH BOARD MEMBERS IN A CONFLICT POSITION. IV. ADMINISTRATION OF POLICY THIS POLICY SHALL BE ADMINISTERED BY THE BOARD, WHICH SHALL BE RESPONSIBLE FOR THE FOLLOWING: (A) RECEIVING DISCLOSURES OF PROPOSED COVERED TRANSACTIONS; (B) REVIEWING PROPOSED COVERED TRANSACTIONS TO DETERMINE WHETHER THEY MEET THE ABOMAINTAINING MINUTES AND SUCH OTHER DOCUMENTATION AS MAY BE NECESSARY AND APPROPRIATE TO DOCUMENT ITS REVIEW OF COVERED TRANSACTIONS; AND VE-DESCRIBED STANDARD; (C) MAINTAINING MINUTES AND SUCH OTHER DOCUMENTATION AS MAY BE NECESSARY AND APPROPRIATE TO DOCUMENT ITS REVIEW OF COVERED TRANSACTIONS; AND (D) REVIEWING THE OPERATION OF THIS POLICY AND MAKING CHANGES FROM TIME TO TIME AS IT MAY DEEM APPROPRIATE. Form 990, Part VI, Section C, Line 19 ASCEND CARES FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. Form 990, Part IX, Line 24e Expenses are related to bank fees, organization expense, supplies, site project, and other miscellaneous expenses. ASCEND PERFORMANCE MATERIALS HOLDINGS 1010 TRAVIS STREET SUITE 900 HOUSTON TX 77002 270219853 CHEMICAL MFG DE N/A C 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0