UNIVERSITY OF THE AFTERMARKET FOUNDATION: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF THE AFTERMARKET FOUNDATION (EIN 43-1414291)
- Tax period
- 2020-09-01 to 2021-08-31
- Filed
- 2022-05-26
- IRS object ID
- 202201539349301310
- Schema version
- 2020v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-26T16:27:33-07:00 | ReturnTs |
| Tax Period End | 2021-08-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 431414291 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF THE AFTERMARKET FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UNIV | BusinessNameControlTxt |
| Phone | 3016546664 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7101 WISCONSIN AVENUE SUITE 1300 | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Nathan Perrine | PersonNm |
| Person Title | Comptroller | PersonTitleTxt |
| Phone | 2403331040 | PhoneNum |
| Signature | 2022-07-15 | SignatureDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| OOB Security Verification | 11 | OOBSecurityVerificationCd |
| Last Submission Rqr OOB | 1 | LastSubmissionRqrOOBCd |
| Authentication Assurance Level | AAL2 | AuthenticationAssuranceLevelCd |
| Profile Password Change | Yes (X) | ProfilePasswordChangeInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ROBERT EGAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7101 WISCONSIN AVENUE | AddressLine1Txt |
| Address Line2 | SUITE 1300 | AddressLine2Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $4,454,782 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.UOFA-FOUNDATION.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1985 | FormationYr |
| Legal Domicile State | MO | LegalDomicileStateCd |
| Activity Or Mission | SUPPORT THE EDUCATION OF THOSE WHO SEEK TO CONTRIBUTE TO THE AUTOMOTIVE AFTERMARKET INDUSTRY'S SUCCESS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 43 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 43 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 50 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $795,231 | PYContributionsGrantsAmt |
| CY Contributions Grants | $672,948 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $218,589 | PYInvestmentIncomeAmt |
| CY Investment Income | $878,549 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $1,013,820 | PYTotalRevenueAmt |
| CY Total Revenue | $1,551,497 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $553,907 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $481,268 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $237,130 | PYOtherExpensesAmt |
| CY Other Expenses | $227,161 | CYOtherExpensesAmt |
| PY Total Expenses | $791,037 | PYTotalExpensesAmt |
| CY Total Expenses | $708,429 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $222,783 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $843,068 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $9,087,050 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,352,982 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $82,150 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $32,989 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $9,004,900 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $10,319,993 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO PROVIDE SCHOLARSHIPS TO INDIVIDUALS THAT ARE INTERESTED IN PURSUING A CAREER IN THE AUTOMOTIVE AFTERMARKET OR ATTENDING INDUSTRY RELATED COURSES AND TO SUPPORT THE RESEARCH, DEVELOPMENT, AND UTILIZATION OF INNOVATIVE METHODS OF EDUCATING ADULTS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $526,196 | ExpenseAmt |
| Grant | $481,268 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | SCHOLARSHIPS - GRANTS ARE PROVIDED TO SUPPORT EDUCATIONAL PROGRAMS IN THE AUTOMOTIVE AFTERMARKET INDUSTRY. | Desc |
| Total Other Prog Srvc Expense | $0 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $526,196 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (1) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 12 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 43 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 43 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MO | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NATHAN PERRINE | PersonNm |
| Phone | 3016546664 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7101 WISCONSIN AVENUE | AddressLine1Txt |
| Address Line2 | SUITE 1300 | AddressLine2Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (44 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt |
|---|---|---|---|---|---|---|---|
| ROBERT EGAN | |||||||
| CHAIRMAN | 1 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JOHN WASHBISH | |||||||
| SENIOR VICE CHAIRMAN | 1 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| LARRY PAVEY | |||||||
| VICE CHAIRMAN | 1 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MCCOLLUM ROGER | |||||||
| SECRETARY | 1 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| WILLIAM MAGGS | |||||||
| TREASURER | 1 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| RUSTY BISHOP | |||||||
| CHAIRMAN EMERITUS | 1 | Yes (X) | $0 | $0 | $0 | ||
| JENNIFER TIO | |||||||
| EXECUTIVE DIRECTOR | 1 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| AL FAYYED MOHAMMED | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM BABCOX | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD BEIRNE | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| MIKE BUZZARD | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| MIKE CARR | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| MAURO CIFELLI | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| JEFF DARBY | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| PAUL FERRANDINO | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| CHRIS GARDNER | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| DUNCAN GILLIS | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| TODD HACK | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| PHILIP HALBERG | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| BILL HANVEY | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| TIM HARDIN | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| TODD HERTZLER | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| PETE KORNAFEL | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| JEFFREY KOVIAK | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| PAUL MCCARTHY | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| DAVE MCCOLLEY | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| DAVID O'REILLY | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| ROLLIE OLSON | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| MARK OSTERMAN | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| JOHN PARRAN | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| DAVID PRATER | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| HEATHER PREU | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| CHRIS PRUITT | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| JACQUELINE RODRIGUEZ | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT ROOS | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| RICK SCHWARTZ | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT SEGAL | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| ERIC SILLS | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| STEVE SMITH | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| DANIELLE SONNEFELD | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| BILL STROUPE | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| TOM TECKLENBERG | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| CHUCK UDELL | |||||||
| TRUSTEE | 1 | Yes (X) | $0 | $0 | $0 | ||
| NATHAN PERRINE | |||||||
| COMPTROLLER | 1 | Yes (X) | $0 | $0 | $0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $0 | FederatedCampaignsAmt |
| Membership Dues | $0 | MembershipDuesAmt |
| Fundraising | $0 | FundraisingAmt |
| Related Organizations | $0 | RelatedOrganizationsAmt |
| Government Grants | $0 | GovernmentGrantsAmt |
| All Other Contributions | $672,948 | AllOtherContributionsAmt |
| Noncash Contributions | $0 | NoncashContributionsAmt |
| Total Contributions | $672,948 | TotalContributionsAmt |
| Total Program Service Revenue | $0 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $173,405 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $173,405 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,608,429 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,903,285 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $705,144 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $705,144 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $705,144 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rpt Fundraising Event | $0 | ContriRptFundraisingEventAmt |
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,551,497 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $878,549 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,250 | TotalAmt |
| Program Services | $62,250 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $419,018 | TotalAmt |
| Program Services | $419,018 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $80,000 | TotalAmt |
| Management And General | $80,000 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,255 | TotalAmt |
| Management And General | $5,255 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,398 | TotalAmt |
| Management And General | $19,398 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,533 | TotalAmt |
| Program Services | $21,238 | ProgramServicesAmt |
| Management And General | $39,295 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,447 | TotalAmt |
| Management And General | $28,447 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,310 | TotalAmt |
| Program Services | $16,310 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $878 | TotalAmt |
| Management And General | $878 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,660 | TotalAmt |
| Management And General | $1,660 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,588 | TotalAmt |
| Management And General | $2,588 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| BANK FEES | $4,712 | $0 | $4,712 | $0 |
| MISCELLANEOUS EXPENSES | $7,380 | $7,380 | $0 | $0 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $708,429 | TotalAmt |
| Program Services | $526,196 | ProgramServicesAmt |
| Management And General | $182,233 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $385,459 | BOYAmt |
| EOY | $295,909 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $783,332 | BOYAmt |
| EOY | $551,825 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,387 | BOYAmt |
| EOY | $1,496 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,125 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,861,361 | BOYAmt |
| EOY | $9,465,771 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,386 | BOYAmt |
| EOY | $37,981 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,087,050 | BOYAmt |
| EOY | $10,352,982 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,250 | BOYAmt |
| EOY | $29,514 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,900 | BOYAmt |
| EOY | $3,475 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $82,150 | BOYAmt |
| EOY | $32,989 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,062,200 | BOYAmt |
| EOY | $6,459,254 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,942,700 | BOYAmt |
| EOY | $3,860,739 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,004,900 | BOYAmt |
| EOY | $10,319,993 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,087,050 | BOYAmt |
| EOY | $10,352,982 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $843,068 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $472,025 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Investment Expense | $0 | InvestmentExpenseAmt |
| Prior Period Adjustments | $0 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $991,192 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $890,923 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,463,686 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $795,231 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $672,948 | CurrentTaxYearAmt |
| Total | $4,813,980 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $991,192 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $890,923 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,463,686 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $795,231 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $672,948 | CurrentTaxYearAmt |
| Total | $4,813,980 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,673,169 | SubstantialContributorsTotAmt |
| Public Support Total170 | $3,140,811 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $123,665 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $164,403 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $162,659 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $162,992 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $173,405 | CurrentTaxYearAmt |
| Total | $787,124 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $5,601,104 | TotalSupportAmt |
| Public Support CY170 | 0.56075 | PublicSupportCY170Pct |
| Public Support PY170 | 0.7034 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,896,252 | BeginningYearBalanceAmt |
| Contributions | $0 | ContributionsAmt |
| Investment Earnings Or Losses | $434,386 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $154,500 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $19,468 | AdministrativeExpensesAmt |
| End Year Balance | $3,156,670 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,676,642 | BeginningYearBalanceAmt |
| Contributions | $0 | ContributionsAmt |
| Investment Earnings Or Losses | $236,765 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $17,155 | AdministrativeExpensesAmt |
| End Year Balance | $2,896,252 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,692,490 | BeginningYearBalanceAmt |
| Contributions | $0 | ContributionsAmt |
| Investment Earnings Or Losses | $3,966 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $19,814 | AdministrativeExpensesAmt |
| End Year Balance | $2,676,642 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,555,043 | BeginningYearBalanceAmt |
| Contributions | -$174 | ContributionsAmt |
| Investment Earnings Or Losses | $157,614 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $19,993 | AdministrativeExpensesAmt |
| End Year Balance | $2,692,490 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,365,801 | BeginningYearBalanceAmt |
| Contributions | $3,543 | ContributionsAmt |
| Investment Earnings Or Losses | $205,080 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $19,381 | AdministrativeExpensesAmt |
| End Year Balance | $2,555,043 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.7229 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.2771 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
| Total Liability | $0 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $2,362,205 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $472,026 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $399,215 | DonatedServicesAndUseFcltsAmt |
| Recoveries Prior Year Grants | $0 | RecoveriesPriorYearGrantsAmt |
| Other Revenue | $0 | OtherRevenueAmt |
| Revenue Not Reported | $871,241 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,490,964 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $60,533 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $0 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $60,533 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,551,497 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,047,112 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $399,215 | DonatedServicesUseFcltsAmt |
| Prior Year Adjustments | $0 | PriorYearAdjustmentsAmt |
| Losses Reported | $0 | LossesReportedAmt |
| Other Expenses Included | $0 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $399,215 | ExpensesNotReportedAmt |
| Expenses Subtotal | $647,897 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $60,532 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $0 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $60,532 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $708,429 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part V, Line 4 | THE FOUNDATION HAS A GENERAL ENDOWMENT FUND AND A COMMEMORATIVE ENDOWMENT. EACH ENDOWMENT'S PURPOSE IS TO FURTHER THE FOUNDATION'S STATED MISSION NAMELY TO PROVIDE GRANTS AND SCHOLARSHIPS TO INDIVIDUALS EMPLOYED OR SEEKING EMPLOYMENT IN THE AUTOMOTIVE AFTERMARKET. |
| Schedule D, Part X, Line 2 | THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT FOR TAXES ON UNRELATED BUSINESS INCOME. THERE WERE NO UNRELATD BUSINESS INCOME ACTIVITIES IN THE FISCAL YEARS ENDED AUGUST 31,2021 AND 2020. IN ADDITION, THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170 AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). THE FOUNDATION ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. THE FOUNDATION EVALUATED ITS TAX POSITIONS AND DETERMINED THAT ITS POSITIONS ARE MORE-LIKELY-THAN-NOT TO BE SUSTAINED ON EXAMINATION. THE FOUNDATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE AND LOCAL AUTHORITIES. |
Schedule F IRS990ScheduleF
Grants To Org Outside US GrantsToOrgOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | North America (including Canada and Mexico, but not the United States) | RegionTxt |
| Purpose Of Grant | AUTOMOTIVE SCHOLARSHIPS IN CANADA | PurposeOfGrantTxt |
| Cash Grant | $10,000 | CashGrantAmt |
| Manner Of Cash Disbursement | WIRE TO ORGANIZATION | MannerOfCashDisbursementTxt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF THE AFTERMARKET | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4000 WHITING ROAD | AddressLine1Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48640 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 381624684 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $36,750 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | LEADERSHIP 2.0 GRANTS AND AAP/MAAP GRANTS | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIP GRANTS TO AUTO INDUSTRY STUDENTS | GrantTypeTxt |
| Recipient | 279 | RecipientCnt |
| Cash Grant | $488,000 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Valuation Method Used | 0 | ValuationMethodUsedDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | ALL GRANTS ARE REVIEWED AND APPROVED BY THE BOARD DURING REGULAR MEETINGS. GRANTS ARE THOROUGHLY DISCUSSED BY BOARD MEMBERS AND A VOTE IS TAKEN AFTER EACH DISCUSSION. THE USE OF THE MAJORITY OF GRANT FUNDS IS MONITORED BY THE ACCOUNTING GROUP WHICH PROVIDES SIMILAR SERVICES TO THE RECIPIENTS OF THE GRANTS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 1 | DESCRIPTION OF ORGANIZATION MISSION : PURSUING A CAREER IN THE AUTOMOTIVE AFTERMARKET OR ATTENDING INDUSTRY RELATED COURSES. |
| Form 990, Part VI, Section A, Line 1a | THE BOARD OF TRUSTEES, BY VOTE OF A MAJORITY OF THE ENTIRE BOARD, MAY PROVIDE FOR AN EXECUTIVE COMMITTEE. IF PROVISION BE MADE FOR AN EXECUTIVE COMMITTEE, IT SHALL CONSIST OF THE CHAIRMAN, CHAIRMAN EMERITUS, TWO(2) VICE CHAIRMEN, SECRETARY AND TREASURER, LIFETIME HONORARY CHAIRMAN OF THE BOARD OF TRUSTEES, AND THE TREASURER EMERITUS, AND SUCH OTHER MEMBERS AS THE BOARD SHALL CHOOSE TO SERVE DURING THE PLEASURE OF THE BOARD. VACANCIES IN THE COMMITTEE SHALL BE FILLED BY THE COMMITTEE. DURING THE INTERVALS BETWEN MEETINGS OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE SHALL POSSESS AND MAY EXERCISE ANY OR ALL OF THE POWERS OF THE BOARD OF TRUSTEES AND SHALL MANAGE THE BUSINESS AND AFFAIRS OF THE CORPORATION, TO THE EXTENT AUTHORIZED BY RESOLUTION ADOPTED BY A MAJORITY OF THE ENTIRE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE SHALL KEEP A FULL AND FAIR RECORD OF ITS TRANSACTIONS. ALL ACTIONS SHALL BE REPORTED TO THE BOARD OF TRUSTEES AT ITS MEETING NEXT SUCCEEDING SUCH ACTION, AND SHALL BE SUBJECT TO REVISION AND ALTERATION BY THE BOARD OF TRUSTEES; PROVIDED THAT NO RIGHTS OF THIRD PERSONS SHALL BE AFFECTED BY ANY SUCH REVISION OR ALTERATION. A MAJORITY OF THE EXECUTIVE COMMITTEE SHALL BE NECESSARY AND SUFFICIENT TO CONSTITUTE A QUORUM. THE EXECUTIVE COMMITTEE MAY DETERMINE ITS RULES OF PROCEDURE AND THE NOTICE TO BE GIVEN OF ITS MEETINGS. THE EXECUTIVE COMMITEE SHALL BE COMPOSED OF AT LEAST TWO INDIVIDUALS ENGAGED IN WAREHOUSE DISTRIBUTION, AT LEAST ONE INDIVIDUAL ENGAGED IN THE MANUFACTURE OF AUTOMOTIVE REPLACEMENT PARTS, THE CHAIRMAN OF THE AUTOMOTIVE WAREHOUSE DISTRIBUTORS ASSOCIATION. |
| Form 990, Part VI, Section A, Line 3 | AUTO CARE ASSOCIATION PROVIDES ACCOUNTING AND ADMINISTRATIVE SERVICES TO THE FOUNDATION ON A PRO-BONO BASIS. |
| Form 990, Part VI, Section B, Line 11b | THE FORM 990 IS REVIEWED BY THE FOUNDATION'S COMPTROLLER PRIOR TO FILING. |
| Form 990, Part VI, Section B, Line 12c | THE BOARD OF TRUSTEES REQUIRES FULL DISCLOSURE OF CONFLICTS OF INTERESTS BY ITS MEMBERS. IF SUCH A CONFLICT IS IDENTIFIED UNINTERESTED MEMBERS OF THE BOARD OR EXECUTIVE COMMITTEE CAN VOTE TO VOID THE TRANSACTION CAUSING THE CONFLICT BY MAJORITY VOTE. |
| Form 990, Part VI, Section C, Line 19 | THE FOUNDATION'S TAX RETURNS ARE PUBLISHED AT WWW.GUIDESTAR.ORG. ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
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