2024-10-17T13:41:41-07:00 2023-12-31 990 2023-01-01 202102643 RPM FOUNDATION RPMF 8555374579 2702 East D Street Tacoma WA 98421 David Madeira Vice Chair 2537798490 2024-10-17 1 2023 2024-10-15 13:58:12Z Davide Madeira 2702 East D Street Tacoma WA 98421 467101 0 X www.rpm.foundation.org X 2005 WA The RPM Foundation supports restoration and preservation training programs for the next generation of automotive, motorcycle and marine craftsmen. As the educational arm of America's Automotive Trust, the services, resources and grants provided by the RPM Foundation safeguard the future of the collector vehicle industry by sustaining hands-on training for young adults. The RPM Foundation is based in Chicago, IL, and Ambassadors nationwide. 16 12 1 14 0 0 282286 466601 176 500 18 0 0 0 282480 467101 118903 26180 0 0 240909 224784 0 0 47091 109969 125340 469781 376304 -187301 90797 595180 656157 179987 150067 415193 506090 The RPM Foundation supports restoration and preservation training programs for the next generation of automotive, motorcycle and marine craftsmen. As the educational arm of America's Automotive Trust, the services, resources and grants provided by the RPM Foundation safeguard the future of the collector vehicle industry by sustaining hands-on training for young adults. 0 0 295369 26180 500 The RPM Foundation is dedicated to ensuring that critical skills necessary to preserve and restore collector vehicles are not lost by providing scholarships and educational grants to students and organizations committed to hands-on training of the trades. Total scholarships granted = 10. 0 0 0 295369 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 5 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 12 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X Sandy Colt 2536833948 2702 East D Street Tacoma WA 98421 X David Madeira Vice Chair & CEO,AAT 0.05 39.95 X X 0 333197 26972 Paul Miller Sr Vice Pres, AAT 0.05 39.95 X X 0 221023 35512 Gary Yamamoto Exec Director, ACM 0.05 39.95 X X 0 166310 24438 Nick Ellis Exec Director, RPM 38.90 1.10 X X 97639 0 15193 TG Mittler Board Member 0.05 1.10 X 0 0 0 Sam Baker Jr Secretary 0.05 1.10 X X 0 0 0 B Corry McFarland Past Chairman 0.05 1.10 X X 0 0 0 William Weyerhaeuser Vice Chair 0.05 1.10 X X 0 0 0 James Gary May Board Member 0.05 1.10 X 0 0 0 Michael Towers Chairman 0.05 1.10 X X 0 0 0 Gerald Greenfield Board Member 0.05 1.10 X 0 0 0 Trevor Cobb Treasurer 0.05 1.60 X X 0 0 0 Gary Gartner Vice Chair 0.05 1.10 X X 0 0 0 Michael Holmes Board Member 0.05 1.10 X 0 0 0 Alan Granberg Board Member 0.05 1.10 X 0 0 0 Keith Flickinger Board Member 0.05 1.10 X 0 0 0 97639 720530 102115 1 0 1 0 0 0 0 0 162144 0 304457 26630 466601 500 500 0 0 500 0 0 0 0 0 0 467101 500 0 0 0 0 26180 26180 0 0 0 0 112832 84624 11283 16925 0 0 0 0 86351 64763 8635 12953 2166 1624 217 325 8102 6077 810 1215 15333 11500 1533 2300 0 0 0 0 0 0 0 0 2450 0 2450 0 0 0 0 0 0 0 0 0 0 0 7051 5288 705 1058 1088 816 109 163 2187 1640 219 328 2062 1547 206 309 0 0 0 0 3481 2611 348 522 13867 10400 1387 2080 0 0 0 0 0 0 0 0 0 0 0 0 48072 36054 4807 7211 Meals & Entertainment 2902 2177 290 435 Design Services 3501 2626 350 525 In-kind Goods 26729 26729 0 0 Bad Debt 7000 7000 0 0 4950 3713 495 742 376304 295369 33844 47091 420341 490978 60000 60000 114839 105179 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 595180 656157 915 2389 0 0 0 0 0 0 0 0 0 0 0 0 0 0 179072 147678 179987 150067 X -102910 81782 518103 424308 415193 506090 595180 656157 X 90797 0 100 0 0 0 X 0 1 X 1 0 X X X 1 America's Automotive Trust 814337717 10 1 26180 0 1 26180 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 127839 1708 0 0 0 0 129547 126173 1666 0 0 0 0 127839 124547 1626 0 0 0 0 126173 122961 1586 0 0 0 0 124547 121414 1547 0 0 0 0 122961 0 1 0 1 0 0 Due to Related Entities 147678 147678 X 467596 0 495 0 0 495 467101 0 0 0 467101 376704 400 0 0 0 400 376304 0 0 0 376304 Schedule D, Part V, Line 4 Fostering preservation of, and education about, historic vehicles and vintage boats. Schedule D, Part X, Line 2 RPM evaluates its uncertain tax positions and a loss contingency is recognized only when it is more likely than not the tax position will not be sustained on examination by tax authorities, based on technical merits of the position. RPM recognizes interest and penalties related to income tax matters in income tax expense, if applicable. As of December 31, 2023, RPM is not aware of any uncertain tax positions that require accrual. 1 Scholarship funding. 8 26180 0 Cash Sent Schedule I, Part I, Line 2 The grants are monitored by the director through phone calls to the grantees, written reports, and email messages initiated either by the grantor or grantee. An annual questionnaire is also sent to the grantees for reporting purposes. 0 0 0 0 0 0 0 0 0 David Madeira Vice Chair & CEO,AAT 0 283197 0 50000 0 0 0 26972 0 0 0 360169 0 0 Paul Miller Sr Vice Pres, AAT 0 196023 0 25000 0 0 0 18056 0 17456 0 256535 0 0 Gary Yamamoto Exec Director, ACM 0 166310 0 0 0 0 0 16040 0 8398 0 190748 0 0 Schedule J, Part I, Line 7 Compensation and benefits are paid by LeMay America's Car Museum. LeMay has an established executive compensation policy and procedures. X Office Space 12 25200 FMV X Photography 2 1430 FMV 0 0 1 0 Form 990, Part VI, Section A, Line 1a RPM Foundation is a supporting entity of America's Automotive Trust. It is governed by the executive committee of ACM/AAT governing board. All members of the executive committee are board members of ACM/AAT board. The executive committee was given authority to act on ACM/AAT board's behalf in all matters. Form 990, Part VI, Section A, Line 2 Several board members have outside business relationships with each other. None of these businesses have a relationship with RPM Foundation. Form 990, Part VI, Section B, Line 11b The Form 990 is reviewed by the VP of Finance and board chair for final approval and then made available to the remainder of the board before IRS submission. Form 990, Part VI, Section B, Line 12c The board regularly and consistently monitors any conflicts of interest. At each board or committee meeting any potential conflicts are introduced. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. Form 990, Part VI, Section B, Line 15 The Director's wages are reviewed and adjusted by the Board Chairman using the payroll data and analysis from national, regional and local sources. The Director's wages were last adjusted in 2023. Form 990, Part VI, Section C, Line 19 The organization's conflict of interest policy is available upon request. Financial statements and Form 990 are available on LeMay - America's Car Museum's website. Form 990, Part VII, Section A, Line 1d LeMay - America's Car Museum (EIN 91-1867848) is the common paymaster for RPM. Employees of RPM are paid under the common paymaster arrangement and are reported on RPM's Form 990 as paid by RPM. Form 990, Part XI, Line 9 Bad Debt Expenses LeMay Americas Car Museum 2702 East D Street Tacoma WA 98421 911867848 Car Museum & Educational Center WA 501c3 509a2 N/A 0 LeMay Dome Parking Association 2702 East D Street Tacoma WA 98421 272511735 Operates parking facilities WA 501c3 509a3, Type 1 LeMay America's Car Museum 1 Harold E LeMay Museum 2702 East D Street Tacoma WA 98421 272511537 Owns building leased by LACM WA 501c3 509a3, Type 1 LeMay Americas Car Museum 1 Americas Automotive Trust 2702 East D Street Tacoma WA 98421 814337717 Fundraising and social events WA 501(c)(3) 509(a)(2) N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 Americas Automotive Trust c 162144 FMV