2023-11-14T15:12:41-06:00 2022-12-31 390859910 BAKER TILLY US LLP 2055 E WARNER RD STE 101 TEMPE AZ 85284 990 2022-01-01 204365711 SCIENCE FOUNDATION ARIZONA SCIE 6028451200 100 N 7TH AVENUE 400 PHOENIX AZ 85007 BRIAN SHERMAN INTERIM EXECUTIVE DIRECTOR 6028451200 2023-11-09 1 BRIAN SHERMAN 999009999 0 COLETTE KAMPS CPA P00367616 4808394900 2023-11-09 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z BRIAN SHERMAN 100 N 7TH AVENUE 400 PHOENIX AZ 85007 75542 0 X WWW.SFAZ.ORG X 2006 AZ SCIENCE FOUNDATION ARIZONA'S MISSION IS TO DIVERSIFY ARIZONA'S ECONOMY BY INVESTING IN SCIENTIFIC AND ENGINEERING RESEARCH LINKED TO INDUSTRY NEEDS AND INVESTING IN EDUCATION TO CREATE A WORK FORCE WITH 21ST CENTRURY SKILLS. 3 3 0 4 0 0 6607 75029 0 0 322 513 0 0 6929 75542 125000 331000 0 0 77231 0 0 0 2661 140169 17856 342400 348856 -335471 -273314 551474 43691 234773 304 316701 43387 SCIENCE FOUNDATION ARIZONA'S MISSION IS TO DIVERSIFY ARIZONA'S ECONOMY BY INVESTING IN SCIENTIFIC AND ENGINEERING RESEARCH LINKED TO INDUSTRY NEEDS AND INVESTING IN EDUCATION TO CREATE A WORK FORCE WITH 21ST CENTRURY SKILLS. 0 0 336322 331000 ADVANCE RESEARCH TO ACCELERATE THE SAFE AND EFFICIENT INTEGRATION OF AUTOMATED VEHICLES ONTO PUBLIC ROADWAYS. 336322 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X BRIAN SHERMAN 6028451200 100 N 7TH AVE 400 PHOENIX AZ 85007 X SANDRA WATSON PRESIDENT 1.00 X X 0 0 0 CRAIG R BARRETT VICE PRESIDENT 1.00 X X 0 0 0 DONALD V BUDINGER TREASURER/SECRETARY 1.00 X X 0 0 0 BRIAN SHERMAN INTERIM EXEC DIR 10.00 X 0 0 0 0 0 0 0 0 0 0 0 75029 75029 513 513 75542 0 0 513 331000 331000 236 236 2993 2993 2040 816 816 408 6430 2572 2572 1286 103 41 41 21 1420 568 568 284 3312 1325 1325 662 BANK FEES 1322 1322 348856 336322 9873 2661 57073 42251 488098 57 6303 1383 0 0 551474 43691 4773 304 230000 234773 304 X 316701 43387 316701 43387 551474 43691 -273314 0 X 0 0 0 X 1082196 59292 1507 6607 75029 1224631 1082196 59292 1507 6607 75029 1224631 1224631 9998 10037 1350 322 513 22220 1246851 0.98220 0.96770 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 MARICOPA COMMUNITY COLLEGE DISTRICT OFFICE 2411 W 14TH STREET TEMPE AZ 85281 860327449 501(C) (3) 300000 0 SEMICONDUCTOR MANUFACTURING TECHNICIAN TRAINING PROGRAM ASU FOUNDATION PO BOX 2260 TEMPE AZ 85580 866051042 501(C) (3) 31000 0 MODEL FOR POST DOCTORAL PROGRAM IN COMPUTER SCIENCE AND ENGINEERING AT LARGE UNIVERSITIES 1 PART I, LINE 2: GRANT PROPOSALS ARE REVIEWED IN DETAIL BY AN EXTERNAL EXPERT REVIEW PANEL. IF THE REVIEW PANEL DEEMS THE PROPOSAL TO BE A VALUABLE PROJECT, THE PROPOSAL GOES TO THE BOARD FOR REVIEW AND APPROVAL. ONCE THE GRANT IS APPROVED, SFAZ REQUIRES THE GRANTEE TO SUBMIT A BUDGET OF RECORD AND EXPENDITURE REPORTS ON A REGULAR BASIS AND IS SUBJECT TO SELECTION BY THE ORGANIZATION'S FINANCE COMMITTEE FOR RANDOM EXPENDITURE TESTING. FORM 990, PART VI, SECTION B, LINE 11B SCIENCE FOUNDATION ARIZONA'S CHIEF OPERATING AND FINANCIAL OFFICER REVIEWS THE FORM 990 IN DETAIL AND AGREES ITEMS REPORTED TO SUPPORTING SCHEDULES AND THE FINANCIAL STATEMENT. ONCE THE REVIEW IS COMPLETE, THE FORM 990 IS PRESENTED TO THE CEO FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS HAVE RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAVE READ AND UNDERSTAND THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THAT SFAZ IS AN ORGANIZATION THAT IS EXEMPT FROM TAX AS DESCRIBED IN IRC SECTION 501C3. ALL BOARD MEMBERS HAVE A DUTY TO DISCLOSE TO THE BOARD OF DIRECTORS AND ANY COMMITTEES WITH BOARD DELEGATED POWERS THAT ARE CONSIDERING A PROPOSED TRANSACTION IF THERE IS ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST. THE DISCLOSURE IS REQUIRED TO INCLUDE THE EXISTENCE AND NATURE OF THE INTEREST AND ALL FACTS KNOWN TO THE INTERESTED PERSON RELATING TO THE SUBJECT MATTER OF THE TRANSACTION THAT A PRUDENT PERSON WOULD REASONABLY BELEIVE TO BE MATERIAL IN MAKING A JUDGEMENT ABOUT WHETHER OR NOT TO PROCEED WITH THE TRANSACTION. THE BOARD OF DIRECTORS AND COMMITTEE MEMBERS MAY REQUEST FROM THE INTERESTED PERSON SUCH ADDITIONAL INFORMATION OR DOCUMENTS RELATING TO THE TRANSACTION THAT ARE REQUIRED FOR ADEQUATE DISLCOSURE. AFTER DISCLOSURE OF THE INDIVIDUAL'S INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE OR SHE SHALL RECUSE HIMSELF OR HERSELF FROM DISCUSSION ON THE POTENTIAL CONFLICT AND FROM VOTING ON THE SUBJECT. FORM 990, PART VI, SECTION B, LINE 15A SFAZ HAS A COMPENSATION COMMITTEE, WHICH IS A SUB-COMMITTEE OF THE BOARD OF DIRECTORS. ANNUALLY, THE COMMITTEE PERFORMS A PERFORMANCE REVIEW ON THE PRESIDENT/CEO AND RECOMMENDS TO THE BOARD ANY INCREASE OR DECREASE IN COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, THE CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS A SET FORTH IN SECTION 6104(D). ELECTRONIC AND PAPER COPIES OF EACH ARE AVAILABLE AT SFAZ'S OFFICES. THE CONFLICT OF INTEREST POLICY CAN ALSO BE FOUND ON THE FOUNDATION WEBSITE. THE GOVERNANCE DOCUMENTS ARE FILED AND CAN BE FOUND BY VISITING THE ARIZONA CORPORATION COMMISSION'S WEBSITE. THE FOUNDATION'S 990 CAN BE FOUND ON GUIDESTAR.ORG AND UPON REQUEST TO THE ORGANIZATION.