FOUNDRY EDUCATIONAL FOUNDATION: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
FOUNDRY EDUCATIONAL FOUNDATION (EIN 34-0714666)
Tax period
2012-05-01 to 2013-04-30
Filed
2013-07-18
IRS object ID
201301999349300710
Schema version
2012v2.0
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

FieldValueIRS element (for citing)
Timestamp2013-07-18T07:21:10-07:00Timestamp
Tax Period End Date2013-04-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Costabile & Steffens PCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11805 Hicks RdAddressLine1
CityRolling MeadowsCity
StateILState
ZIP Code60008ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-05-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN340714666EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1FOUNDRY EDUCATIONAL FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlFOUNNameControl
Phone8474909200Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line11695 N PENNY LANEAddressLine1
CitySCHAUMBURGCity
StateILState
ZIP Code60173ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameWilliam W SorensenName
TitleExecutive DirectorTitle
Date Signed2013-07-10DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameFrank J CostabileName
PTINP00629672PTIN
Phone8477763700Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Gross Receipts8757700GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
All Affiliates IncludedfalseAllAffiliatesIncluded
Organization501c3XOrganization501c3
Web Sitewww.fefinc.orgWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1947YearFormation
State Legal DomicileOHStateLegalDomicile
Activity Or Mission DescriptionFOUNDRY EDUCATIONAL FOUNDATION STRENGHTENS THE METAL CASTING INDUSTRY BY SUPPORTING UNIQUE PARTNERSHIPS AMONG STUDENTS, EDUCATORS, AND INDUSTRY, HELPING TODAY'S STUDENTS BECOME TOMORROW'S LEADERS.ActivityOrMissionDescription
Nbr Voting Members Governing Body41NbrVotingMembersGoverningBody
Nbr Independent Voting Members40NbrIndependentVotingMembers
Total Nbr Employees4TotalNbrEmployees
Total Nbr Volunteers42TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Contributions Grants Prior Year446049ContributionsGrantsPriorYear
Contributions Grants Current Year551115ContributionsGrantsCurrentYear
Program Service Revenue Prior Year132965ProgramServiceRevenuePriorYear
Program Service Revenue CY123981ProgramServiceRevenueCY
Investment Income Prior Year189270InvestmentIncomePriorYear
Investment Income Current Year508451InvestmentIncomeCurrentYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year768284TotalRevenuePriorYear
Total Revenue Current Year1183547TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year370991GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY400953GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year280186SalariesEtcPriorYear
Salaries Etc Current Year290505SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year120824TotalFundrsngExpCurrentYear
Other Expense Prior Year270990OtherExpensePriorYear
Other Expenses Current Year284896OtherExpensesCurrentYear
Total Expenses Prior Year922167TotalExpensesPriorYear
Total Expenses Current Year976354TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-153883RevenuesLessExpensesPriorYear
Revenues Less Expenses CY207193RevenuesLessExpensesCY
Total Assets BOY7429468TotalAssetsBOY
Total Assets EOY7087165TotalAssetsEOY
Total Liabilities BOY1098183TotalLiabilitiesBOY
Total Liabilities EOY1145845TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY6331285NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY5941320NetAssetsOrFundBalancesEOY
Mission DescriptionFOUNDRY EDUCATIONAL FOUNDATION STRENGHTENS THE METAL CASTING INDUSTRY BY SUPPORTING UNIQUE PARTNERSHIPS AMONG STUDENTS, EDUCATORS, AND INDUSTRY, HELPING TODAY'S STUDENTS BECOME TOMORROW'S LEADERS.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense645245Expense
Revenue551115Revenue
DescriptionSCHOLARSHIPS AND DISCRETIONARY SCHOOL FUNDS - ADVANCE THE EDUCATION OF PEOPLE IN THE CAST METALS FIELD.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense97002Expense
Revenue123981Revenue
DescriptionCOLLEGE INDUSTRY CONFERENCE - AN EVENT HELD FOR TOP STUDENTS AND KEY PROFESSORS IN THE METAL CASTING FIELD TO LEARN MORE ABOUT THE VARIOUS OPPORTUNITIES IN THE INDUSTRY AND TO PROVIDE CONNECTIONS TO LEADERS IN THE INDUSTRY AND JOB OPPORTUNITIES.Description
FieldValueIRS element (for citing)
Total Program Service Expense742247TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Subject To Proxy TaxfalseSubjectToProxyTax
Donor Advised FundstrueDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentstrueTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetsfalseReportOtherAssets
Report Other LiabilitiestrueReportOtherLiabilities
Report Fin48 FootnotetrueReportFin48Footnote
Independent Audit Financial StmttrueIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiesfalseFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationstrueGrantsToOrganizations
Grants To IndividualstrueGrantsToIndividuals
Schedule J RequiredfalseScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Invest Tax Exempt BondsfalseInvestTaxExemptBonds
Escrow AccountfalseEscrowAccount
On Behalf Of IssuerfalseOnBehalfOfIssuer
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntityfalseRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With10964NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees4NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncomefalseUnrelatedBusinessIncome
Form990-T FiledfalseForm990-TFiled
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionsfalseQuidProQuoContributions
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Number Of8282 Filed0NumberOf8282Filed
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Form8899 FiledfalseForm8899Filed
Form1098 C FiledfalseForm1098CFiled
Excess Business HoldingsfalseExcessBusinessHoldings
Taxable DistributionsfalseTaxableDistributions
Distribution To DonorfalseDistributionToDonor
Filed Lieu1041falseFiledLieu1041
Licensed More Than One StatefalseLicensedMoreThanOneState
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members41NbrVotingGoverningBodyMembers
Number Independent Voting Members40NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOtrueCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
States Where Copy Of Return Is FiledILStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonBill SorensenNamePerson
Telephone Number8474909200TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line11695 N Penny LaneAddressLine1
CitySchaumburgCity
StateILState
ZIP Code60173ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (41 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekAverage Hours Per Week RelatedAverageHoursPerWeekRelatedReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficer
KEVIN WHEELER
Director0.000.00000
JORGE SIERRA
Director0.000.00000
LIBBY RYDER
Director0.000.00000
JOE MUNIZA
Director0.000.00000
DAVE GELWICKS
Director0.000.00000
JEREMY EASTMAN
Director0.000.00000
MICHELLE ANFINSON
Director0.000.00000
BODIE D COOPER
Director1.000.00000X
SANDY CALABRESE
Director1.000.00000X
ERICK NELSON
Director1.000.00000X
EUGENE C MURATORE
Director1.000.00000X
MATT WOSOBA
Director1.000.00000X
JOSHUA WITTENBURG
Director1.000.00000X
MATT SULLIVAN
Director1.000.00000X
LAURA STROHMAYER
Director1.000.00000X
ROBERT STEELE
Director1.000.00000X
ROBERT SMILLIE
Director1.000.00000X
EDWARD KACZMAREK
Director1.000.00000X
RICK L JAMES
Director1.000.00000X
DOUGLAS S IMRIE
Director1.000.00000X
Mark May
Director1.000.00000X
PETE GUIDI
Director1.000.00000X
Maureen P Lynn
Director1.000.00000X
Lee L Lewis
Director1.000.00000X
DAVID SHOUSE
Director1.000.00000X
MARTIN PUTNIK
Director1.000.00000X
Andrew L Iannettoni
Director1.000.00000X
THOMAS DEMPSEY
Director1.000.00000X
Kathy L Hayrynen
Vice President1.000.00000X
ERIC MEYERS
Director1.000.00000X
JOEY LEONARD
Director1.000.00000X
CRYSTALYN HVAL
Director1.000.00000X
Joseph Costabile
Secretary1.000.00000X
Thomas A Cobett
President1.000.00000X
DON CRAIG
Director1.000.00000X
GLENN BYCZYNSKI
Director1.000.00000X
Paul Barker
Director1.000.00000X
KELEY KERNS
Director1.000.00000X
BARRY CRAIG
Director1.000.00000X
TOM ARMSTRONG
Director1.000.00000X
William W Sorensen
Executive Direc35.000.0014480500XX
FieldValueIRS element (for citing)
Total Reportable Comp From Org144805TotalReportableCompFromOrg
Number Individuals GT100 K1NumberIndividualsGT100K
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
All Other Contributions551115AllOtherContributions
Total Contributions551115TotalContributions

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionCOLLEGE INDUSTRY CONF.Description
Business Code611710BusinessCode
Total Revenue Column123981TotalRevenueColumn
Related Or Exempt Function Income123981RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue123981TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column186263TotalRevenueColumn
Exclusion$186,263ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Rental Income Or Loss NetRentalIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities7896341Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities7574153Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities322188Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column322188TotalRevenueColumn
Exclusion$322,188ExclusionAmount

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
FieldValueIRS element (for citing)
Total Other Revenue0TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column1183547TotalRevenueColumn
Related Or Exempt Function Income123981RelatedOrExemptFunctionIncome
Exclusion$508,451ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total114903Total
Program Services114903ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total286050Total
Program Services286050ProgramServices

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total0Total

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total0Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total144805Total
Program Services72403ProgramServices
Management And General14480ManagementAndGeneral
Fundraising57922Fundraising

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total69107Total
Program Services46238ProgramServices
Management And General17277ManagementAndGeneral
Fundraising5592Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total19538Total
Program Services10746ProgramServices
Management And General2931ManagementAndGeneral
Fundraising5861Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total42389Total
Program Services23314ProgramServices
Management And General6358ManagementAndGeneral
Fundraising12717Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total14666Total
Program Services8134ProgramServices
Management And General2177ManagementAndGeneral
Fundraising4355Fundraising

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total0Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total766Total
Program Services169ProgramServices
Management And General345ManagementAndGeneral
Fundraising252Fundraising

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total12205Total
Program Services2685ProgramServices
Management And General5614ManagementAndGeneral
Fundraising3906Fundraising

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total0Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total0Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total34945Total
Management And General34945ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total19658Total
Program Services17500ProgramServices
Management And General2158ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total4310Total
Program Services2799ProgramServices
Management And General73ManagementAndGeneral
Fundraising1438Fundraising

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total0Total

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total0Total

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total13500Total
Program Services3754ProgramServices
Management And General5993ManagementAndGeneral
Fundraising3753Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total48302Total
Program Services37955ProgramServices
Management And General5618ManagementAndGeneral
Fundraising4729Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total97002Total
Program Services97002ProgramServices

Interest Interest

FieldValueIRS element (for citing)
Total0Total

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total0Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total2369Total
Program Services2369ProgramServices

Insurance Insurance

FieldValueIRS element (for citing)
Total1368Total
Program Services28ProgramServices
Management And General1312ManagementAndGeneral
Fundraising28Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
TELEPHONE5750211217161922
Postage and Shipping9335384019433552
REPAIRS AND MAINTENANCE12501277633836342
Printing and Publications16240423538338172

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total6645Total
Program Services3235ProgramServices
Management And General3127ManagementAndGeneral
Fundraising283Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total976354Total
Program Services742247ProgramServices
Management And General113283ManagementAndGeneral
Fundraising120824Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY1476BOY
EOY59829EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY12908BOY
EOY7913EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY242079BOY
EOY68250EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
EOY0EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

FieldValueIRS element (for citing)
EOY0EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

FieldValueIRS element (for citing)
EOY0EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
EOY0EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
EOY0EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
EOY0EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis25951LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec23039LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY2260BOY
EOY2912EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY7170745BOY
EOY6940328EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
EOY0EOY

Investments Program Related InvestmentsProgramRelated

FieldValueIRS element (for citing)
EOY0EOY

Intangible Assets IntangibleAssets

FieldValueIRS element (for citing)
EOY7933EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
EOY0EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY7429468BOY
EOY7087165EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY16665BOY
EOY19327EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY1081518BOY
EOY1126518EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY1098183BOY
EOY1145845EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY36052BOY
EOY-331580EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY871222BOY
EOY653015EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY5424011BOY
EOY5619885EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY6331285BOY
EOY5941320EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY7429468BOY
EOY7087165EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses207193ReconcilationRevenueExpenses
Reconciliation Unrealized Invest-597158ReconciliationUnrealizedInvest
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited

FS Audited Basis FSAuditedBasis

FieldValueIRS element (for citing)
Financial Statement SeparateXFinancialStatementSeparate
FieldValueIRS element (for citing)
Audit CommitteetrueAuditCommittee
Federal Grant Audit RequiredfalseFederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2XPubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1753054CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years1069256CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years448030CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year446049CurrentTaxYearMinus1Year
Current Tax Year551115CurrentTaxYear
Total4267504Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years95175CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years66610CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years96608CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year132965CurrentTaxYearMinus1Year
Current Tax Year123981CurrentTaxYear
Total515339Total

Gross Receipts From Non UBI GrossReceiptsFromNonUBI

FieldValueIRS element (for citing)
Total0Total

Tax Rev Levied For Org Benefit509 TaxRevLeviedForOrgBenefit509

FieldValueIRS element (for citing)
Total0Total

Value Of Svcs Fclts Furnishd By Govt ValueOfSvcsFcltsFurnishdByGovt

FieldValueIRS element (for citing)
Total0Total

Total509 Total509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1848229CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years1135866CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years544638CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year579014CurrentTaxYearMinus1Year
Current Tax Year675096CurrentTaxYear
Total4782843Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years54895CurrentTaxYearMinus4Years
Total54895Total

Amts From Subst Contributors AmtsFromSubstContributors

FieldValueIRS element (for citing)
Total0Total

Support From DQ Ps Etc SupportFromDQPsEtc

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years54895CurrentTaxYearMinus4Years
Total54895Total
FieldValueIRS element (for citing)
Public Support Total5094727948PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years140556CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years133976CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years145345CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year168480CurrentTaxYearMinus1Year
Current Tax Year186263CurrentTaxYear
Total774620Total

Post1975 UBTI Post1975UBTI

FieldValueIRS element (for citing)
Total0Total

Investment Income And UBTI InvestmentIncomeAndUBTI

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years140556CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years133976CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years145345CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year168480CurrentTaxYearMinus1Year
Current Tax Year186263CurrentTaxYear
Total774620Total

Net Income From Other UBI NetIncomeFromOtherUBI

FieldValueIRS element (for citing)
Total0Total

Other Income509 OtherIncome509

FieldValueIRS element (for citing)
Total0Total

Total Support Total TotalSupportTotal

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1988785CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years1269842CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years689983CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year747494CurrentTaxYearMinus1Year
Current Tax Year861359CurrentTaxYear
Total5557463Total
FieldValueIRS element (for citing)
Public Support Percentage5090.85070PublicSupportPercentage509
Prior Year Support Percentage0.86870PriorYearSupportPercentage
Investment Income Percentage0.13940InvestmentIncomePercentage
Prior Yr Invest Income Percentage0.10540PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509XThirtyThreePercntTestsCY509

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Number DA Fs Held12NumberDAFsHeld
Number Funds Held70NumberFundsHeld
Donor Advised Contributions45565DonorAdvisedContributions
Contrib To Funds And Other Accounts139930ContribToFundsAndOtherAccounts
Grants Paid From Donor Funds25860GrantsPaidFromDonorFunds
Grants Funds And Other Accounts114749GrantsFundsAndOtherAccounts
Aggregate DAF Value792853AggregateDAFValue
Aggregate Fund Value3597759AggregateFundValue
Disclosed Orgs Legal ControltrueDisclosedOrgsLegalControl
Disclosed For Charitable PurposestrueDisclosedForCharitablePurposes

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance6295233BeginningOfYearBalance
Contributions140495Contributions
Investment Earnings Or Losses134509InvestmentEarningsOrLosses
Grants Or Scholarships178574GrantsOrScholarships
Other Expenditures118763OtherExpenditures
End Of Year Balance6272900EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance6338640BeginningOfYearBalance
Contributions130315Contributions
Investment Earnings Or Losses165851InvestmentEarningsOrLosses
Grants Or Scholarships222556GrantsOrScholarships
Other Expenditures117017OtherExpenditures
End Of Year Balance6295233EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance6443134BeginningOfYearBalance
Contributions139649Contributions
Investment Earnings Or Losses126524InvestmentEarningsOrLosses
Grants Or Scholarships253807GrantsOrScholarships
Other Expenditures116860OtherExpenditures
End Of Year Balance6338640EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

FieldValueIRS element (for citing)
Beginning Of Year Balance5862386BeginningOfYearBalance
Contributions793902Contributions
Investment Earnings Or Losses268355InvestmentEarningsOrLosses
Grants Or Scholarships269649GrantsOrScholarships
Other Expenditures211860OtherExpenditures
End Of Year Balance6443134EndOfYearBalance

Current Year Minus4 Years CurrentYearMinus4Years

FieldValueIRS element (for citing)
Beginning Of Year Balance1518531BeginningOfYearBalance
Contributions140527Contributions
Investment Earnings Or Losses180851InvestmentEarningsOrLosses
Grants Or Scholarships212977GrantsOrScholarships
Administrative Expenses5862386AdministrativeExpenses
End Of Year Balance5862386EndOfYearBalance
FieldValueIRS element (for citing)
Permanent Endowment EOY Balance0.89590PermanentEndowmentEOYBalance
Term Endowment EOY Balance0.10410TermEndowmentEOYBalance
Endowments Held By Unrelated OrgsfalseEndowmentsHeldByUnrelatedOrgs
Endowments Held By Related OrgsfalseEndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule RfalseAreRelatedOrgsListedScheduleR

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis25951OtherCostOrOtherBasis
Depreciation23039Depreciation
Book Value2912BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings2912TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionFUNDS HELD ON BEHALF OF OTHERSDescription
Amount$1,126,518Amount
FieldValueIRS element (for citing)
Total Of Amounts1126518TotalOfAmounts
Footnote In Part XIIIXFootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt586389TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments-597158NetUnrealizedGainsInvestments
Revenue Not Rptd F990-597158RevenueNotRptdF990
Revenue Subtotal1183547RevenueSubtotal
Total Revenue Per Form9901183547TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt976354TotExpensesEtcAuditedFinclStmt
Expenses Subtotal976354ExpensesSubtotal
Total Expenses Per Form990976354TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
Part XPart X : FIN48 FootnoteThe Organization is exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code. In addition, the Organization qualifies for the charitable contribution deduction under Section 170(b)(1)(A) and has been classified as an organization other than a private foundation under Internal Revenue Code Section 509(a)(2). In May, 2009, the Organization adopted the provisions of ASC Topic 740-10-25, "Income Taxes Recognition". ASC Topic 740-10-25 had no impact on the Organization's financial statements. The Organization does not believe its financial statements include any uncertain tax positions.
Part V, Line 4Part V, Line 4: Intended uses of the endowment fund.Endowment funds have been established for a variety of purposes, primarily providing scholarship awards, programs and operations.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records MaintainedtrueRecordsMaintained

Recipient Table RecipientTable (8 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEIN Of RecipientEINOfRecipientAmount Of Cash GrantAmountOfCashGrantAmount Of Non Cash AssistanceAmountOfNonCashAssistancePurpose Of GrantPurposeOfGrant
western michigan university
dept of ind mfg engrkalamazooMI4900838600732777940discretionary funds for program exp
Univ of Wisconsin - Platteville
1 University PlazaPlattevilleWI53818391805963143240Discretionary Funds for program exp
texas state
601 university drsan marcosTX7866674198297968880discretionary funds for program exp
purdue university
401 n grant stwest lafayetteIN4790735600204176990discretionary funds for program exp
pittsburg state university
dept of engineering techpittsburgKS66762223981479114110discretionary funds for program exp
missouri u of science & tech
292 mcnutt hallrollaMO6540968055774161690discretionary funds for program exp
MICHIAGAN TECH
1400 TOWNSEND DR 512 MMHOUGHTONMI49931386005955109970DISCRETIONARY FUNDS for program exp
KENT STATE UNIVERSITY
PO BOX 5190KENTOH4424231640207953300discretionary funds for program exp
FieldValueIRS element (for citing)
Total Nbr Of501 C3 And Govt Grants0TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations8TotalNbrOfOtherOrganizations

Form990 Schedule I Part III Form990ScheduleIPartIII

FieldValueIRS element (for citing)
Type Of GrantSCHOLARSHIPS FOR STUDENTSTypeOfGrant
Number Of Recipients3NumberOfRecipients
Amount Of Cash Grant15000AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierGrantmaker's Description of How Grants are UsedIdentifier
ExplanationProcedures for monitoring the use of grant funds: scholarships are paid directly to students and do not require further monitoring. Costs paid with discretionary school funds are either paid upon receipt of invoice, purchase order or other acceptable supporting documentation, or they are charged to a credit card provided by the Organization. Credit card purchases are monitored by the Executive Director. Charges for randomly selected schools are reviewed each month; every school is reviewed at least one per year. If the Executive Director determines that a cost is questionable, he requests support from the professor.Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
Form 990, Part VI, Line 19Form 990, Part VI, Line 19: Other Organization Documents Publicly AvailableThe Organization's bylaws are available on its website and upon request.
Form 990, Part VI, Line 15aForm 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top ManagementOn an annual basis, the Organization's presidend and first vice president perform a review of the executive director's performance and compensation. They determine the compensation for the executive director based on local salary surveys and trends within metal casting industry. They discuss the decision with the executive committee, which approves the compensation package. The board gives final approval of the compensation package. This process is documented in the board minutes.
Form 990, Part VI, Line 12cForm 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of ConflictsThe board members are required to review and sign a conflict of interest policy on an annual basis. The executive director reviews the signed statements to ensure that they have been properly signed by the board members. If a board member discovers they have a conflict of interest, they abstain from voting on the related issue.
Form 990, Part VI, Line 11bForm 990, Part VI, Line 11b: Form 990 Review ProcessThe executive committee and executive director review and approve of Form 990 before it is signed and filed by the executive director.

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