2024-11-07T09:24:02-06:00 2023-12-31 992277914 EAG NEW ENGLAND LLC 160 FEDERAL STREET 9TH FLOOR BOSTON MA 02110 990 2023-01-01 264836002 THE FAB FOUNDATION FABF 8573337777 50 MILK ST 16TH FLOOR BOSTON MA 02109 SHERRY LASSITER PRESIDENT 8573337777 2024-11-07 1 0 EUGENE BORGONZI P01269879 6172276161 2024-11-04 2023 2024-10-15 13:58:12Z FAB ACADEMY SHERRY LASSITER 50 MILK ST 16TH FLOOR BOSTON MA 02109 2247573 0 X WWW.FABFOUNDATION.ORG X 2009 CA THE FAB FOUNDATION WAS FORMED FEBRUARY 6, 2009 TO FACILITATE AND SUPPORT THE GROWTH OF THE INTERNATIONAL FAB LAB NETWORK. THE FAB FOUNDATION IS A US NON-PROFIT 501(C)(3) ORGANIZATION EMERGING FROM THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY'S CENTER FOR BITS & ATOMS (CBA) INTERNATIONAL FAB LAB OUTREACH PROGRAM. OUR MISSION IS TO PROVIDE ACCESS TO THE TOOLS, THE KNOWLEDGE AND THE FINANCIAL MEANS TO EDUCATE, INNOVATE AND INVENT USING TECHNOLOGY AND DIGITAL FABRICATION TO ALLOW ANYONE TO MAKE (ALMOST) ANYTHING, AND THEREBY CREATING OPPORTUNITIES TO IMPROVE LIVES AND LIVELIHOODS AROUND THE WORLD. COMMUNITY ORGANIZATIONS, EDUCATIONAL INSTITUTIONS AND NON-PROFIT CONCERNS ARE OUR PRIMARY BENEFICIARIES. 5 3 5 100 0 0 1095819 1226112 1553428 788615 82 192120 0 0 2649329 2206847 1350757 648230 0 0 284751 504204 0 0 24439 2100272 2089441 3735780 3241875 -1086451 -1035028 3453460 1634179 1487679 707940 1965781 926239 X THE FAB FOUNDATION WAS FORMED FEBRUARY 6, 2009 TO FACILITATE AND SUPPORT THE GROWTH OF THE INTERNATIONAL FAB LAB NETWORK. THE FAB FOUNDATION IS A US NON-PROFIT 501(C)(3) ORGANIZATION EMERGING FROM THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY'S CENTER FOR BITS & ATOMS' (CBA) INTERNATIONAL FAB LAB OUTREACH PROGRAM. OUR MISSION IS TO PROVIDE ACCESS TO THE TOOLS, THE KNOWLEDGE AND THE FINANCIAL MEANS TO EDUCATE, INNOVATE AND INVENT USING TECHNOLOGY AND DIGITAL FABRICATION TO ALLOW ANYONE TO MAKE (ALMOST) ANYTHING, AND THEREBY CREATING OPPORTUNITIES TO IMPROVE LIVES AND LIVELIHOODS AROUND THE WORLD. COMMUNITY ORGANIZATIONS, EDUCATIONAL INSTITUTIONS AND NON-PROFIT CONCERNS ARE OUR PRIMARY BENEFICIARIES. 0 0 2320258 648230 296798 THE ORGANIZATION PROMOTES DIGITAL FABRICATION BY FACILITATING THE DEVELOPMENT OF COMMUNITY-BASED AND EDUCATIONAL FAB LABS, THE DISSEMINATION OF BEST PRACTICES IN DIGITAL FABRICATION THROUGHOUT THE FAB LAB NETWORK, FACILITATION AND DISSEMINATION OF RESEARCH AND COMMUNITY-BENEFICIAL PROJECTS, THE FUNDING AND FACILITATION OF FAB LAB AND DIGITAL FABRICATION PROJECTS THAT BENEFIT PEOPLE AND COMMUNITIES IN EXEMPLARY WAYS, SUCH AS MOBILE FAB LABS FOR EMERGENCY AID, OR FAB LABS FOR DEVELOPING WORLD CONTEXTS. THESE SERVICES INCLUDE DEPLOYING, INSTALLING, TRAINING, AND CONSULTING FOR NEW FAB LABS AS WELL AS PROGRAMMATIC SUPPORT OF ESTABLISHED FAB LABS. THE ORGANIZATION WORKS TO GATHER AND PROVIDE CRITICAL EVALUATION DATA AS WELL AS PROVIDE TOOLS FOR TRACKING THE IMPACT OF FAB LABS IN EDUCATIONAL, BUSINESS AND SOCIAL CONTEXTS. AS PART OF ITS SERVICES, THE ORGANIZATION PROVIDES A NETWORK FUNCTION FOR THE FAB LAB COMMUNITY, BRINGING TOGETHER FAB LABS AROUND THE WORLD EITHER PHYSICALLY (FOR ANNUAL MEETINGS AND WORKSHOPS) OR VIRTUALLY THROUGH ONLINE TOOLS AND RESOURCES. ADDITIONALLY, AS A RESOURCE TO EDUCATIONAL ORGANIZATIONS, ENTREPRENEURIAL ORGANIZATIONS AND THE GENERAL PUBLIC THE ORGANIZATION HAS DEVELOPED AN ONLINE GLOBAL MAP OF FAB LABS, MAKERSPACES, AND INNOVATION SPACES SUCH THAT PEOPLE OR ORGANIZATIONS THAT NEED ACCESS TO THESE FACILITIES CAN FIND THEM EASILY. 503219 0 491817 THE ORGANIZATION BRINGS DIGITAL FABRICATION TOOLS AND PROCESSES TO PEOPLE OF ALL AGES, TEACHING THE SKILLS AND KNOWLEDGE OF DIGITAL FABRICATION, DEVELOPING CURRICULUM FOR FORMAL AND INFORMAL EDUCATIONAL SETTINGS, AS WELL AS DESIGNING AND OFFERING PROFESSIONAL DEVELOPMENT TRAINING PROGRAMS FOR TEACHERS, FAB LAB MANAGERS AND OTHER PROFESSIONALS. THE ORGANIZATION OFFERS ADVANCED TECHNICAL EDUCATION THROUGH THE FAB ACADEMY WHICH PROVIDES INSTRUCTION AND SUPERVISES INVESTIGATION OF MECHANISMS, APPLICATIONS, AND IMPLICATIONS OF DIGITAL FABRICATION AND OTHER TECHNOLOGIES. THE FAB ACADEMY IS A WORLDWIDE, DISTRIBUTED CAMPUS UTILIZING FAB LABS AS CLASSROOMS AND LIBRARIES FOR A NEW KIND OF TECHNICAL LITERACY. THE ORGANIZATION ALSO PROVIDES PROFESSIONAL DEVELOPMENT AND RESOURCES FOR K12 TEACHERS AND EDUCATORS THROUGH ITS SCOPES-DF WEBSITE AND RESEARCH PLATFORM (SCOPESDF.ORG). THIS SITE SHARES RESOURCES AND DISSEMINATES BEST EDUCATIONAL PRACTICES FOR EDUCATORS USING DIGITAL FABRICATION TO TEACH STEM DISCIPLINES AND SKILLS. 2823477 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 1 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 21 0 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA MA X X SHERRY LASSITER 8573337777 50 MILK ST 16TH FLOOR BOSTON MA 02109 SHERRY LASSITER PRESIDENT/DIRECTOR 20.00 X X 60116 0 0 NEIL GERSHENFELD CHAIRMAN/DIRECTOR/CONSULTANT 1.00 X X 64275 0 0 MARIE PLANCHARD TREASURER/DIRECTOR 1.00 X X 0 0 0 BLAIR EVANS DIRECTOR 1.00 X 0 0 0 KATIE RAST SECRETARY/DIRECTOR 1.00 X X 0 0 0 LUCIANO BETOLDI VICE PRESIDENT/COO 40.00 X 112423 0 0 236814 0 0 1 0 0 0 0 1226112 4000 1226112 TUITION 611430 491817 491817 CONTRACTS 541700 152677 152677 CONFERENCE FEES 541900 144121 144121 788615 27846 27846 205000 40726 164274 164274 164274 2206847 788615 0 192120 X 223092 223092 10500 10500 414638 414638 125160 106894 9133 9133 324634 288636 23745 12253 23059 19813 1966 1280 31351 26938 2674 1739 953 887 66 109096 109096 878578 811686 66892 5879 4566 1313 72426 26201 46221 4 35086 915 34171 228579 210814 17765 155650 154894 756 18442 18442 31519 31519 14185 469 13686 30 LAB COMPONENTS 538025 522534 15491 STATE FILING FEES 700 700 GRANT AND AWARDS ADMINI 323 323 3241875 2823477 393959 24439 2511123 1032634 52867 466101 564593 25000 244109 83479 3114 5337 17127 14583 9985 74243 4598 1188 2126 3453460 1634179 399152 257324 869566 83961 315616 135000 135000 1487679 707940 X 415920 -1122 1549861 927361 1965781 926239 3453460 1634179 X -1035028 -4514 X X 0 1 X 1 0 X 1746391 3154784 2221740 1095819 1226112 9444846 1746391 3154784 2221740 1095819 1226112 9444846 5717137 3727709 2466 1060 568 82 27846 32022 9476868 6787440 0.39330 0.35930 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14583 9985 4598 4598 2206847 0 2206847 0 2206847 3246389 4514 4514 3241875 0 3241875 PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON UNCOLLECTIBLE RECEIVABLES 4,514. 1 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 GRANT TO RECIPIENT IN REGION N/A 250 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 43 PROGRAM SERVICES ACADEMY INSTRUCTION 163349 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 7 PAYMENTS FOR CONSULTING SERVICES N/A 371132 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 6 PROGRAM SERVICES ACADEMY INSTRUCTION 14594 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 14 PROGRAM SERVICES ACADEMY INSTRUCTION 85225 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 17 PAYMENTS FOR CONSULTING SERVICES N/A 209322 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 8 PROGRAM SERVICES ACADEMY INSTRUCTION 23610 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 3 PAYMENTS FOR CONSULTING SERVICES N/A 57318 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 PROGRAM SERVICES INSTALLATION, TRAINING, PROGRAM MGMT & CONSULTING 4760 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 10 PROGRAM SERVICES ACADEMY INSTRUCTION 33488 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 2 PAYMENTS FOR CONSULTING SERVICES N/A 19374 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES PURCHASE AND INSTALLATION OF A FAB LAB 30843 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 GRANTS TO RECIPIENTS IN REGION N/A 394488 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 GRANT TO RECIPIENT IN REGION N/A 8800 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 1 PAYMENTS FOR CONSULTING SERVICES N/A 13600 EAST ASIA AND THE PACIFIC 0 0 FUNDRAISING N/A RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, 0 0 GRANTS TO RECIPIENTS IN REGION N/A 100 SUB-SAHARAN AFRICA 0 2 PROGRAM SERVICES ACADEMY INSTRUCTION 13750 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENTS IN REGION N/A 1000 CENTRAL AMERICA AND THE CARIBBEAN 0 1 PAYMENTS FOR CONSULTING SERVICES N/A 61 CENTRAL AMERICA AND THE CARIBBEAN 0 1 PROGRAM SERVICES ACADEMY INSTRUCTION 1125 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTS TO RECIPIENTS IN REGION N/A 10000 0 98 0 17 0 115 924800 531389 1456189 MIDDLE EAST AND NORTH AFRICA FISCAL SPONSORSHIP 392988 EFT 0 N/A N/A 1 0 2023 CHEVRON FAB STEM FELLOWSHIP CENTRAL AMERICA AND THE CARIBBEAN 1 10000 EFT 0 N/A N/A CONTEST/CHALLENGE/COMPETITION WINNERS EUROPE (INCLUDING ICELAND & GREENLAND) 1 250 EFT 0 N/A N/A CONTEST/CHALLENGE/COMPETITION WINNERS RUSSIA AND NEIGHBORING STATES 1 100 EFT 0 N/A N/A CONTEST/CHALLENGE/COMPETITION WINNERS SOUTH ASIA 7 8800 EFT 0 N/A N/A CONTEST/CHALLENGE/COMPETITION WINNERS SUB-SAHARAN AFRICA 1 1000 EFT 0 N/A N/A CONTEST/CHALLENGE/COMPETITION WINNERS MIDDLE EAST AND NORTH AFRICA 3 1500 EFT 0 N/A N/A 1 0 0 0 0 0 PART I, LINE 2: GRANTEES ARE REQUIRED TO MAKE PERIODIC REPORTS TO ENSURE THAT ANY FUNDS OR OTHER ASSITANCE RECEIVED ARE USED FOR THE INTENDED PURPOSE(S) OF THE GRANT ONLY. THE OFFICERS OF THE CORPORATION SHALL REVIEW ALL REPORTS FROM THE GRANT RECIPIENT, AND SOLICIT AND ANALYZE ANY OTHER INFORMATION THAT IS DEEMED NECESSARY AND PRUDENT, INCLUDING REVIEWING THE RECIPIENT'S OTHER RECORDS AND/OR PERFORMING ON-SITE VISITS WITH THE RECIPIENT(S), TO ENSURE THAT ALL GRANT FUNDS ARE BEING USED FOR THE INTENDED PURPOSE. PART I, LINE 3: EXPENDITURES ARE ACCOUNTED FOR ON THE ACCRUAL BASIS USED FOR FINANCIAL STATEMENT PURPOSES. PART II, LINE 1 ACCOUNTING METHOD: GRANTS TO ORGANIZATIONS AND INDIVIDUALS OUTSIDE THE US ARE ACCOUNTED FOR ON THE ACCRUAL BASIS USED FOR FINANCIAL STATEMENT PURPOSES. FORM 990, SCHEDULE F, PART I, LINE 3 THE ORGANIZATION RECEIVED DONATIONS FROM DONORS LOCATED IN THE EAST ASIA AND THE PACIFIC REGION. THE ORGANIZATION DID NOT INCUR ANY FUNDRAISING EXPENDITURES IN THIS REGION TO OBTAIN THE DONATIONS AND THEREFORE THE FUNDRAISING EXPENSES ARE ZERO. THE ORGANIZATION DID REPORT THOSE DONORS ON SCHEDULE B IN ACCORDANCE WITH IRS REGULATIONS. 1 SHIFT 7 LLC 2329 CALIFORNIA STREET NW WASHINGTON DC 20008 822199933 FOR PROFIT 46250 0 N/A N/A FISCAL SPONSORSHIP TO PROMOTE THE LEVERAGING OF TECHNOLOGIES TO PROMOTE SOCIAL INNOVATIONS GLOBALLY. MANTLES & MAKERS INC 1422 EUCLID AVENUE SUITE 1300 CLEVELAND OH 44115 873414360 FOR PROFIT 6842 0 N/A N/A FISCAL SPONSORSHIP FOR FAB HOUSE SILICON VALLEY EDUCATION FOUNDATION SANTA CLARA HIGH SCHOOL 3000 BENTON ST SANTA CLARA CA 95051 205061313 501(C)(3) 10000 0 N/A N/A AWARD FOR EQUIPMENT UPGRADES MATERIALS AND STAFFING CALIFORNIA STATE UNIVERSITY BAKERSFIELD 9001 STOCKDALE HIGHWAY BAKERSFIELD CA 93312 952643086 501(C)(3) 10000 0 N/A N/A AWARD FOR EQUIPMENT UPGRADES MATERIALS AND STAFFING ODESSA COLLEGE 201 WEST UNIVERSITY BLVD ODESSA TX 79764 756002907 501(C)(3) 10000 0 N/A N/A AWARD FOR EQUIPMENT UPGRADES MATERIALS AND STAFFING WEST CONTRA COSTA UNIFIED SCHOOL DISTRICT 5625 SUTTER AVE RICHMOND CA 94804 943230963 501(C)(3) 10000 0 N/A N/A AWARD FOR EQUIPMENT UPGRADES MATERIALS AND STAFFING JACKSON COUNTY SCHOOL DISTRICT 12004 HIGHWAY 57 VANCLEAVE MS 39565 646000513 501(C)(3) 20000 0 N/A N/A AWARD FOR EQUIPMENT UPGRADES MATERIALS AND STAFFING BAKER RIPLEY NEIGHBORHOOD CENTERS 3000 ALDINE MAIL ROUTE ROAD HOUSTON TX 77039 237062976 501(C)(3) 10000 0 N/A N/A AWARD FOR EQUIPMENT UPGRADES MATERIALS AND STAFFING DONORS CHOOSE 134 W 37TH STREET NEW YORK NY 10018 134129457 501(C)(3) 50000 0 N/A N/A SUPPORT FOR STEM EDUCATION ACTIVITIES STEM CONNECTOR 1500 ROSENCRANS AVE STE 500 MANHATTAN BEACH CA 90266 465647562 FOR PROFIT 50000 0 N/A N/A FISCAL SPONSORSHIP 7 0 STEM FELLOW AWARD 1 10000 0 N/A N/A LESSON CONTEST WINNER 2 500 0 N/A N/A PART I, LINE 2: GRANTEES ARE REQUIRED TO MAKE PERIODIC REPORTS TO ENSURE THAT ANY FUNDS OR OTHER ASSITANCE RECEIVED ARE USED FOR THE INTENDED PURPOSE(S) OF THE GRANT ONLY. THE OFFICERS OF THE CORPORATION SHALL REVIEW ALL REPORTS FROM THE GRANT RECIPIENT, AND SOLICIT AND ANALYZE ANY OTHER INFORMATION THAT IS DEEMED NECESSARY AND PRUDENT, INCLUDING REVIEWING THE RECIPIENT'S OTHER RECORDS AND/OR PERFORMING ON-SITE VISITS WITH THE RECIPIENT(S), TO ENSURE THAT ALL GRANT FUNDS ARE BEING USED FOR THE INTENDED PURPOSE. FORM 990, PART I, LINE 6 - VOLUNTEERS THE VOLUNTEERS PROVIDE TIME AND EXPERTISE TO THE FAB FOUNDATION, IN DEVELOPING EDUCATION CONTENT, STRATEGIC OUTREACH IN EDUCATION AND ENTREPRENEURSHIP, FUNDRAISING, AND ASSISTANCE WITH ORGANIZING AND RUNNING FAB LAB COMMUNITY EVENTS LIKE THE ANNUAL GATHERING FABX EACH YEAR, OR LOCAL EVENTS FOR COMMUNITY. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT AND TREASURER OF THE ORGANIZATION REVIEW FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER AND BOARD MEMBER SIGNS AN ANNUAL COI STATEMENT DISCLOSING ANY POTENTIAL CONFLICTS OF INTEREST. IT IS ALSO THEIR ONGOING DUTY TO REPORT ANY POTENTIAL CONFLICTS OF INTEREST THAT MAY OCCUR DURING THE YEAR TO THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE: HTTPS://FABFOUNDATION.ORG/ABOUT/#FINANCIAL-REPORTS, AS WELL AS UPON REQUEST. FORM 990, PART IX, LINE 11G MENTORING & SUPPORT: PROGRAM SERVICE EXPENSES 169,635. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 169,635. PROGRAM CONSULTANTS: PROGRAM SERVICE EXPENSES 642,051. MANAGEMENT AND GENERAL EXPENSES 65,079. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 707,130. PAYROLL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,813. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,813. FORM 990, PART XI, LINE 9: LOSS ON UNCOLLECTIBLE RECEIVABLES -4,514. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.