2022-07-28T17:50:41-07:00 2020-12-31 990 2020-01-01 900709302 ASCEND CARES FOUNDATION ASCE 7133515700 1010 TRAVIS STREET SUITE 900 HOUSTON TX 77002 Rizwan Amanullah Treasurer 7133155838 2022-07-28 0 11 0 AAL2 X 2020 2022-09-23 18:48:47Z ANDREW RALSTON 1010 TRAVIS STREET SUITE 900 HOUSTON TX 77002 1104000 0 X ASCENDMATERIALS.COM/WHO/ASCEND-CARES X 2011 DE THE CORPORATION SHALL PROVIDE AID TO VICTIMS OF NATURAL OR CIVIL DISASTERS OR EMERGENCY HARDSHIPS AND SUPPORT THE EFFORTS OF RELIEF ORGANIZATIONS. 8 0 0 1863 0 0 846524 1104000 0 0 0 846524 1104000 994693 1462069 0 0 0 0 914 39860 995607 1501929 -149083 -397929 784659 491671 149067 254008 635592 237663 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 1186452 1186452 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. 180000 180000 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 2020, 119 SCHOLARSHIPS WERE AWARDED. 95617 95617 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. 38 HARDSHIP GRANTS WERE GIVEN DURING 2020. 39860 0 0 ORGANIZATION EXPENSES 39860 0 0 1501929 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 X 8 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 X X PHIL MCDIVITT DIRECTOR 0.50 40.00 X 0 0 0 ANDREW RALSTON SECRETARY 0.5 40.00 X X 0 0 0 RIZWAN AMANULLAH DIRECTOR 0.5 40 X 0 0 0 LYNN CREAR DIRECTOR 0.5 40.00 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 5 40 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 579051 0 524949 0 1104000 0 0 0 0 0 0 0 1104000 0 0 0 1186452 1186452 275617 275617 1000 1000 38860 38860 1501929 1501929 0 0 598691 252389 185968 239282 784659 491671 149067 254008 149067 254008 X 0 0 0 0 635592 237663 635592 237663 784659 491671 -397929 0 0 0 0 0 X 0 0 0 X 408590 787485 636693 846524 1104000 3783292 408590 787485 636693 846524 1104000 3783292 2018493 1764799 3783292 0.46647 0.4 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 Backpacks of Hope-Central UMC 616 Jackson St SE Decatur AL 35601 150563255 501 (c)(3) 5950 General Support Greenwood School District 50 1855 Calhoun Rd Greenwood SC 29649 576004641 46608 General Support Escambia Westgate School 10050 Ashton Brosnaham Dr Pensacola FL 32534 26823 Westgate Entrance Sign Feeding the Gulf Coast 5248 Mobile S St Theodore AL 36582 630921997 501 (c)(3) 14245 General Support The Circle Ranch 117 Ranch Circle Danville AL 35619 821367104 501 (c)(3) 39261 General Support The Warrior's Refuge 12319 Hammond Lane Santa Fe TX 77510 833787674 501 (c)(3) 13000 APEX roofing did repairs at the Warrior's Refuge, Tax ID - 83-3787674 Council on Aging of West Florida 875 Royce St Pensacola FL 32503 591373939 501 (c)(3) 10000 General Support Gulf Coast Council of the Boy Scouts of America 9400 University Parkway Pensacola FL 32514 590624405 501 (c)(3) 10000 General Support PACT - Parents and Teachers Together 245 Jackson St SE Decatur AL 35601 630770591 501 (c)(3) 15000 General Support Project C U R E 8303 Kempwood Dr Houston TX 77055 841568566 501 (c)(3) 15000 General Support Candlelighters Childhood Cancer Family Alliance 12919 Southwest Fwy Suite 100 Stafford TX 77477 760367440 501 (c)(3) 7500 General Support Reimagine Doers of the word 8828 Kondike Road Pensacola FL 32526 061661255 501 (c)(3) 10000 General Support Spaulding for Children DBA Arms Wide Adoption Services 6925 Portwest Drive Suite 110 Houston TX 77024 742116380 501 (c)(3) 6676 General Support Heritage Church 29768 Brownsferry Rd Madison AL 35756 200612863 501 (c)(3) 6500 General Support Jack and Jill of America PO Box 3071 Pensacola FL 33516 510224656 501 (c)(3) 5067 General Support Yellowstone Academy 3000 Trulley St Houston TX 77004 760686870 501 (c)(3) 42016 General Support 16 0 HARDSHIP ASSISTANCE 38 95617 SCHOLARSHIP RECIPIENTS 119 180000 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 501(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 REVIEWEING ANY POTENTIAL CONFLICTS OF INTEREST. IF IT IS DETERMINED THAT A DIRECTOR HAS A CONFLICT OF INTEREST, THE DIRECTOR RECUSES HIMSELF/HERSELF FROM ANY VOTE THAT COULD CAUSE POTENTAIL 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 VII, Section A, Line 1a THE ORGANIZATION DOES NOT COMPENSATE OFFICERS. ASCEND PERFORMANCE MATERIALS HOLDINGS 1010 TRAVIS STREET SUITE 900 HOUSTON TX 77002 270219853 CHEMICAL MFG DE N/A C 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 ORGANIZATION DID NOT OWN E-FILING SOFTWARE FOR 2020 RETURN.