2022-05-26T16:27:33-07:00 2021-08-31 990 2020-09-01 431414291 UNIVERSITY OF THE AFTERMARKET FOUNDATION UNIV 3016546664 7101 WISCONSIN AVENUE SUITE 1300 BETHESDA MD 20814 Nathan Perrine Comptroller 2403331040 2022-07-15 0 11 1 AAL2 X 2020 2022-09-23 18:48:47Z ROBERT EGAN 7101 WISCONSIN AVENUE SUITE 1300 BETHESDA MD 20814 4454782 0 X WWW.UOFA-FOUNDATION.ORG X 1985 MO SUPPORT THE EDUCATION OF THOSE WHO SEEK TO CONTRIBUTE TO THE AUTOMOTIVE AFTERMARKET INDUSTRY'S SUCCESS. 43 43 0 50 0 0 795231 672948 0 0 218589 878549 0 0 1013820 1551497 553907 481268 0 0 0 0 0 0 0 237130 227161 791037 708429 222783 843068 9087050 10352982 82150 32989 9004900 10319993 X 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. 0 0 526196 481268 0 SCHOLARSHIPS - GRANTS ARE PROVIDED TO SUPPORT EDUCATIONAL PROGRAMS IN THE AUTOMOTIVE AFTERMARKET INDUSTRY. 0 0 0 526196 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 1 0 0 0 0 0 0 0 0 0 X 43 43 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 0 0 0 MO X X NATHAN PERRINE 3016546664 7101 WISCONSIN AVENUE SUITE 1300 BETHESDA MD 20814 ROBERT EGAN CHAIRMAN 1 X X 0 0 0 JOHN WASHBISH SENIOR VICE CHAIRMAN 1 X X 0 0 0 LARRY PAVEY VICE CHAIRMAN 1 X X 0 0 0 MCCOLLUM ROGER SECRETARY 1 X X 0 0 0 WILLIAM MAGGS TREASURER 1 X X 0 0 0 RUSTY BISHOP CHAIRMAN EMERITUS 1 X 0 0 0 JENNIFER TIO EXECUTIVE DIRECTOR 1 X X 0 0 0 AL FAYYED MOHAMMED TRUSTEE 1 X 0 0 0 WILLIAM BABCOX TRUSTEE 1 X 0 0 0 RICHARD BEIRNE TRUSTEE 1 X 0 0 0 MIKE BUZZARD TRUSTEE 1 X 0 0 0 MIKE CARR TRUSTEE 1 X 0 0 0 MAURO CIFELLI TRUSTEE 1 X 0 0 0 JEFF DARBY TRUSTEE 1 X 0 0 0 PAUL FERRANDINO TRUSTEE 1 X 0 0 0 CHRIS GARDNER TRUSTEE 1 X 0 0 0 DUNCAN GILLIS TRUSTEE 1 X 0 0 0 TODD HACK TRUSTEE 1 X 0 0 0 PHILIP HALBERG TRUSTEE 1 X 0 0 0 BILL HANVEY TRUSTEE 1 X 0 0 0 TIM HARDIN TRUSTEE 1 X 0 0 0 TODD HERTZLER TRUSTEE 1 X 0 0 0 PETE KORNAFEL TRUSTEE 1 X 0 0 0 JEFFREY KOVIAK TRUSTEE 1 X 0 0 0 PAUL MCCARTHY TRUSTEE 1 X 0 0 0 DAVE MCCOLLEY TRUSTEE 1 X 0 0 0 DAVID O'REILLY TRUSTEE 1 X 0 0 0 ROLLIE OLSON TRUSTEE 1 X 0 0 0 MARK OSTERMAN TRUSTEE 1 X 0 0 0 JOHN PARRAN TRUSTEE 1 X 0 0 0 DAVID PRATER TRUSTEE 1 X 0 0 0 HEATHER PREU TRUSTEE 1 X 0 0 0 CHRIS PRUITT TRUSTEE 1 X 0 0 0 JACQUELINE RODRIGUEZ TRUSTEE 1 X 0 0 0 ROBERT ROOS TRUSTEE 1 X 0 0 0 RICK SCHWARTZ TRUSTEE 1 X 0 0 0 ROBERT SEGAL TRUSTEE 1 X 0 0 0 ERIC SILLS TRUSTEE 1 X 0 0 0 STEVE SMITH TRUSTEE 1 X 0 0 0 DANIELLE SONNEFELD TRUSTEE 1 X 0 0 0 BILL STROUPE TRUSTEE 1 X 0 0 0 TOM TECKLENBERG TRUSTEE 1 X 0 0 0 CHUCK UDELL TRUSTEE 1 X 0 0 0 NATHAN PERRINE COMPTROLLER 1 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 672948 0 672948 0 173405 0 0 173405 0 0 0 0 0 0 0 0 0 0 3608429 0 2903285 0 705144 0 705144 0 0 705144 0 0 1551497 0 0 878549 62250 62250 419018 419018 80000 80000 5255 5255 19398 19398 60533 21238 39295 28447 28447 16310 16310 878 878 1660 1660 0 0 0 0 0 2588 2588 BANK FEES 4712 0 4712 0 MISCELLANEOUS EXPENSES 7380 7380 0 0 708429 526196 182233 0 385459 295909 783332 551825 4387 1496 1125 0 7861361 9465771 51386 37981 9087050 10352982 13250 29514 68900 3475 0 82150 32989 X 5062200 6459254 3942700 3860739 9004900 10319993 9087050 10352982 843068 472025 0 0 0 0 X 0 1 X 1 0 X 991192 890923 1463686 795231 672948 4813980 991192 890923 1463686 795231 672948 4813980 1673169 3140811 123665 164403 162659 162992 173405 787124 0 0 0 0 0 0 5601104 0.56075 0.7034 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2896252 0 434386 154500 0 19468 3156670 2676642 0 236765 0 0 17155 2896252 2692490 0 3966 0 0 19814 2676642 2555043 -174 157614 0 0 19993 2692490 2365801 3543 205080 0 0 19381 2555043 0 0.7229 0.2771 0 0 0 X 2362205 472026 399215 0 0 871241 1490964 60533 0 60533 1551497 1047112 399215 0 0 0 399215 647897 60532 0 60532 708429 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. North America (including Canada and Mexico, but not the United States) AUTOMOTIVE SCHOLARSHIPS IN CANADA 10000 WIRE TO ORGANIZATION 0 1 1 1 0 0 0 0 0 1 UNIVERSITY OF THE AFTERMARKET 4000 WHITING ROAD MIDLAND MI 48640 381624684 501(C)(3) 36750 0 LEADERSHIP 2.0 GRANTS AND AAP/MAAP GRANTS 1 0 SCHOLARSHIP GRANTS TO AUTO INDUSTRY STUDENTS 279 488000 0 0 Schedule I, Part I, Line 2 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. 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.