2021-07-15T18:38:17-05:00 2020-08-31 410746749 CLIFTONLARSONALLEN LLP 8215 GREENWAY BOULEVARD SUITE 600 MIDDLETON WI 53562 990 2019-09-01 431414291 UNIVERSITY OF THE AFTERMARKET FOUNDATION UNIV 3016546664 7101 WISCONSIN AVENUE NO 1300 BETHESDA MD 20814 NATHAN PERRINE COMPTROLLER 3016546664 2021-07-15 1 ANDREWD SMITH P02274158 6086628600 2021-07-15 2019 2022-09-23 18:48:47Z ROBERT EGAN 7101 WISCONSIN AVENUE NO 1300 BETHESDA MD 20814 3962112 0 X WWW.UOFA-FOUNDATION.ORG X 1985 MO ADMINISTER AN EDUCATIONAL FOUNDATION FOR THE AFTERMARKET INDUSTRY. 44 44 0 45 0 0 1463686 795231 0 0 56943 218589 0 0 1520629 1013820 554155 553907 0 0 0 0 0 0 0 213060 237130 767215 791037 753414 222783 8368454 9087050 99213 82150 8269241 9004900 X TO PROVIDE, OPERATE AND ADMINISTER AN EDUCATIONAL FOUNDATION FOR THE AFTERMARKET INDUSTRY, WHICH WILL ENGAGE IN THE RESEARCH, DEVELOPMENT, AND UTILIZATION OF INNOVATIVE METHODS OF EDUCATING ADULTS. ALSO TO PROVIDE SCHOLARSHIPS TO THOSE INVDIVIDUALS THAT ARE INTERESTED IN PURSUING A CAREER IN THE AUTOMOTIVE AFTERMARKET OR ATTENDING INDUSTY RELATED COURSES. 0 0 575265 553907 SCHOLARSHIPS - GRANTS ARE PROVIDED FOR EDUCATION PROGRAMS AND RESEARCH CONCERNING THE AUTOMOTIVE AFTERMARKET INDUSTRY. GRANTS ARE ALSO PROVIDED TO ENHANCE MARKETING AND ADVERTISING WITH THE GOAL OF INCREASING PUBLIC KNOWLEDGE OF THE INDUSTRY. 575265 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 23 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 44 44 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 X ROBERT EGAN CHAIRMAN 1.00 X X 0 0 0 JOHN WASHBISH SENIOR VICE CHAIRMAN 1.00 X X 0 0 0 LARRY PAVEY VICE CHAIRMAN 1.00 X X 0 0 0 ROGER MCCOLLUM SECRETARY 1.00 X X 0 0 0 WILLIAM MAGGS TREASURER 1.00 X X 0 0 0 NATHAN PERRINE COMPTROLLER 1.00 X 0 0 0 WILLIAM BABCOX TRUSTEE 1.00 X 0 0 0 RICHARD BEIRNE TRUSTEE 1.00 X 0 0 0 JIM BUZZARD TRUSTEE 1.00 X 0 0 0 MIKE BUZZARD TRUSTEE 1.00 X 0 0 0 MIKE CARR TRUSTEE 1.00 X 0 0 0 MAURO CIFELLI TRUSTEE 1.00 X 0 0 0 JEFF DARBY TRUSTEE 1.00 X 0 0 0 MARK DRENNAN TRUSTEE 1.00 X 0 0 0 PAUL FERRANDINO TRUSTEE 1.00 X 0 0 0 CHRIS GARDNER TRUSTEE 1.00 X 0 0 0 DUNCAN GILLIS TRUSTEE 1.00 X 0 0 0 TODD HACK TRUSTEE 1.00 X 0 0 0 PHILIP HALBERG TRUSTEE 1.00 X 0 0 0 BILL HANVEY TRUSTEE 1.00 X 0 0 0 TIM HARDIN TRUSTEE 1.00 X 0 0 0 TOOD HERTZLER TRUSTEE 1.00 X 0 0 0 MIKE JAMIESON TRUSTEE 1.00 X 0 0 0 PETE KORNAFEL TRUSTEE 1.00 X 0 0 0 JEFFREY KOVIAK TRUSTEE 1.00 X 0 0 0 SCOTT LEPROHON TRUSTEE 1.00 X 0 0 0 PAUL MCCARTHY TRUSTEE 1.00 X 0 0 0 DAVE MCCOLLEY TRUSTEE 1.00 X 0 0 0 MIKE MCTEER TRUSTEE 1.00 X 0 0 0 DAVID O'REILLY TRUSTEE 1.00 X 0 0 0 MARK OSTERMAN TRUSTEE 1.00 X 0 0 0 JOHN PARRAN TRUSTEE 1.00 X 0 0 0 DAVID PRATER TRUSTEE 1.00 X 0 0 0 HEATHER PREU TRUSTEE 1.00 X 0 0 0 CHRIS PRUITT TRUSTEE 1.00 X 0 0 0 ROBERT ROOS TRUSTEE 1.00 X 0 0 0 RICK SCHWARTZ TRUSTEE 1.00 X 0 0 0 ROBERT SEGAL TRUSTEE 1.00 X 0 0 0 ERIC SILLS TRUSTEE 1.00 X 0 0 0 STEVE SMITH TRUSTEE 1.00 X 0 0 0 DANIELLE SONNEFELD TRUSTEE 1.00 X 0 0 0 BILL STROUPE TRUSTEE 1.00 X 0 0 0 TOM TECKLENBERG TRUSTEE 1.00 X 0 0 0 DOUG ARNOLD TRUSTEE 1.00 X 0 0 0 CHUCK UDELL TRUSTEE 1.00 X 0 0 0 0 0 0 0 0 0 0 0 795231 795231 162992 162992 3003889 2948292 55597 55597 55597 1013820 0 0 218589 X 81800 81800 462107 462107 10000 10000 7120 7120 17592 17592 52999 21358 31641 80315 80315 3938 3938 37521 37521 4379 4379 6244 6244 2844 2844 MISCELLANEOUS EXPENSES 20693 20693 BANK FEES 3485 3485 791037 575265 215772 0 800982 385459 766225 783332 1410 4387 1125 1125 6715527 7861361 83185 51386 8368454 9087050 15500 13250 83713 68900 99213 82150 X 4231107 5062200 4038134 3942700 8269241 9004900 8368454 9087050 222783 512876 0 X 0 1 X 1 0 X 410009 991192 890923 1463686 795231 4551041 410009 991192 890923 1463686 795231 4551041 788725 3762316 184056 123665 164403 162659 162992 797775 5348816 0.70340 0.66890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2676642 236765 17155 2896252 2692490 3966 19814 2676642 2555043 -174 157614 19993 2692490 2365801 3543 205080 19381 2555043 2295115 2379 87793 19486 2365801 0.57880 0.42120 0 0 0 X 1950569 512876 476872 989748 960821 52999 52999 1013820 1214910 476872 476872 738038 52999 52999 791037 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 UNRELATED BUSINESS INCOME ACTIVITIES IN THE FISCAL YEARS ENDED AUGUST 31, 2020 AND 2019. 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. 1 0 0 0 0 0 0 0 0 0 NORTH AMERICA AUTOMOTIVE SCHOLARSHIPS IN CANADA 10000 WIRE TO ORGANIZATION 1 1 0 0 0 0 0 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. PART III ACCOUNTING METHOD: 1 UNIVERSITY OF THE AFTERMARKET 4000 WHITING ROAD MIDLAND MI 48640 381624684 501(C)(3) 76300 LEADERSHIP 2.0 GRANTS AND AAP/MAAP GRANTS SCHOLARSHIP GRANTS TO AUTO INDUSTRY STUDENTS 286 462107 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 VI, SECTION A, LINE 1 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 BETWEEN 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 COMMITTEE 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 AND THE PRESIDENT EMERITUS OF THE AUTOMOTIVE WAREHOUSE DISTRIBUTORS ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 3 THE 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 FOLLOWING FULL DISCLOSURE OF A POSSIBLE CONFLICT OF INTEREST, THE EXECUTIVE COMMITTEE OR BOARD OF TRUSTEES SHALL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS AND, IF SO, THE EXECUTIVE COMMITTEE OR THE BOARD SHALL VOTE TO AUTHORIZE OR REJECT THE TRANSACTION, OR TAKE ANY OTHER ACTION DEEMED NECESSARY TO ADDRESS THE CONFLICT AND PROTECT THE FOUNDATION'S BEST INTERESTS. BOTH VOTES SHALL BE BY A MAJORITY VOTE WITHOUT COUNTING THE VOTE OF ANY INTERESTED TRUSTEE, EVEN IF THE DISINTERESTED TRUSTEES ARE LESS THAN A QUORUM, PROVIDED THAT AT LEAST ONE CONSENTING TRUSTEE IS DISINTERESTED. 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. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 80,315. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 80,315.