2024-06-27T07:47:29-05:00 2023-12-31 541342298 Kositzka Wicks and Company 5270 Shawnee Road Suite 250 Alexandria VA 22312 990 2023-01-01 541366696 International Corrugated Packaging Found INTE 7035498580 500 Park Boulevard 985 Itasca IL 60143 Caitlin Salaverria President 7035498580 2024-06-24 1 Caitlin Salaverria XXX-XX-XXXX 1 Jennifer S Manster CPA P01383338 7036422700 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z Caitlin Salaverria 500 Park Boulevard 985 Itasca IL 60143 5295553 0 X www.icpfbox.org X 1985 IL Generate a stream of increasingly qualified students to enter the corrugated industry. 20 20 2 0 0 0 273206 576370 0 0 3185762 217339 37117 17052 3496085 810761 83450 745115 0 0 483898 261442 0 0 44508 175715 177708 743063 1184265 2753022 -373504 16573197 18094803 72000 365871 16501197 17728932 The International Corrugated Packaging Foundation (ICPF) mission is to generate a stream of qualified students to enter the corrugated industry. ICPF creates and builds partnerships within the education community and provides equipment, curriculum, student programs, etc. 0 0 943748 745115 Provided programs, equipment, financial, and other support to universities, colleges, and trade schools to enhance students' education and understanding of the careers in the global corrugated packaging industry. 943748 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 4 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 VA X The Organization 7035498580 500 Park Boulevard 985 Itasca IL 60143 Dennis Colley Director 1.00 X 0 0 0 Mike D'Angelo Director 2.00 X 0 0 0 Tim Bergwall Immediate past chairman 1.00 X 0 0 0 Jack Fiterman Director 1.00 X 0 0 0 Bryan Hollenbach Director 1.00 X 0 0 0 John Kelley Chairman 1.00 X 0 0 0 John Bird Director 1.00 X 0 0 0 Douglas A Bosnik Director 1.00 X 0 0 0 Greg Tucker Director 2.00 X 0 0 0 Jeff Kaser Treasurer 1.00 X 0 0 0 Neal McConnellogue Director 1.00 X 0 0 0 Al Hoodwin Director 1.00 X 0 0 0 Greg Arvanigian Director 1.00 X 0 0 0 John Lingle Director 1.00 X 0 0 0 Jay Carman Director 1.00 X 0 0 0 Patrick Kivits Director 1.00 X 0 0 0 Gene Marino Director 1.00 X 0 0 0 Trent Mayol Director 1.00 X 0 0 0 Bob Mcllvaine Director 1.00 X 0 0 0 Joe Palmeri Director 1.00 X 0 0 0 Caitlin Salaverria President 40.00 X 65400 0 138760 65400 0 138760 0 0 0 0 0 137183 439187 33683 576370 371263 371263 4254971 12037 4408825 12107 -153854 -70 -153924 -153924 80912 137183 63860 17052 17052 810761 0 0 234391 745115 745115 204160 102080 61248 40832 43542 43542 4273 4273 9467 6625 1705 1137 11772 11772 17425 17425 50100 50100 1776 1776 2511 2511 20108 20108 9800 6860 1764 1176 13588 13588 1886 1886 7530 5271 1355 904 Education Programs and 27307 27307 Miscellaneous 4118 4118 Communications 3822 2675 688 459 Dues and Subscriptions 3457 3457 2508 2508 1184265 943748 196009 44508 672267 951965 407326 444820 1662 32595 10839 976 980 9863 15490962 16655560 16573197 18094803 40538 22194 31462 343677 72000 365871 X 10273161 11500896 6228036 6228036 16501197 17728932 16573197 18094803 -373504 1601239 0 X X 0 1 X 1 0 X 341658 258180 292485 273206 576370 1741899 341658 258180 292485 273206 576370 1741899 521213 1220686 505925 386261 411304 432188 371263 2106941 2422 25 760 3207 3852047 0.31690 0.29290 X Satisfying the requirementEven though the International Corrugated Packaging Foundation (ICPF) did not meet the 33 1/3 public support test, it is able to demonstrate that it has met the requirements for the facts and circumstances test.Did ICPF meet the 10% facts and circumstances requirement?Yes, ICPF's public support is over 31%, and has increased from 2022Are the sources of support diverse?ICPF is supported by a variety of companies and associations in the corrugated packaging industry.One factor resulting in a low percentage of the support from public sources is the organization receives a high percentage of total support from investment income on its endowment funds, originally contributed by many companies and organizations. Additionally, the Foundation's annual fundraiser was impacted by COVID-19 in 2020 and 2021, and its donation base has annually experienced consolidation as companies purchase others.Is the governing body representative?The governing body is represented by individuals from the corrugated packaging industry regardless of whether they are contributors to ICPF. Are the research products of ICPF available to the public and does the public participate?ICPF donates or places corrugated equipment (CAD systems, sample tables, testing systems, presses, rotary die cutters, stackers, dryers and related equipment) and other resources to advance college and university curricula to better prepare those students planning to enter the corrugated industry. The Career Portal portion of ICPF's website additionally provides a listing of available internships and entry level positions in the industry to which students and recent graduates can directly apply online. Since the free Career Portal is regularly visited by industry recruiters, upcoming and recent graduates are encouraged to post their resumes there as well. Not only has the portal been a successful tool for students to acquire internships and new graduates to secure careers, it is a successful resource for firms in the industry. Over the past several years, almost 90% of the openings posted there have been filled by a combination of direct application through the career portal, use of its resume bank and ICPF's Corrugated Packaging & Displays Career LinkedIn Network.ICPF's online corrugated curricula is available free through its website for packaging, graphic design, flexography, business and related faculty and their students. It also serves as a resource for ICPF corporate partners in their work with new employees, community colleges and technical schools. The corrugated curricula provides a comprehensive overview of corrugated manufacturing, from a brief history to details on production, design, performance specifications, testing processes, and corrugated packaging's role as a cost-effective, high-performance, renewable, recyclable and sustainable packaging choice.ICPF inititally distributed thousands of its Careers in Corrugated DVD to colleges, universities, high schools and corporate partners. The DVD presented information and video clips on the industry and its many different careers for new graduates. These video clips and additional updated information are now available under the Careers in Corrugated section of the website, making this information accessible to a broader spectrum of students.Over the past 15 years, ICPF has conducted numerous other educational initiatives, programs, and competitions to advance student and faculty knowledge of the corrugated packaging industry, and the exciting career opportunities this industry offers. Several of these include a National Logo Design Competition for graphic design students, the annual International Careers in Corrugated Teleconferences for colleges and universities across North America, dozens of student /executive dialogue dinners, six national Chair Affair design competitions with winning entries displayed in the National Building Museum in Washington D. C.; and ICPFs annual, live, Best of the Best student design presentation competition where student teams are challenged to "show, tell, and sell" their corrugated designs to fellow students during ICPF's annual teleconferences. More information on these and other programs are provided on the website. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15490962 1764598 600000 16655560 17886466 -2395504 15490962 15869540 2016926 17886466 14507924 1361616 15869540 12381528 2126396 14507924 0.60000 0.40000 0 0 3280 274 3006 7559 702 6857 9863 X 2385925 1601239 23955 1625194 760731 50100 -70 50030 810761 1158190 23955 70 24025 1134165 50100 50100 1184265 Part V, Line 4: The Organization will use the return on the investments to support programs and operations, as designated by donors and the Board of Directors. Part X, Line 2: The following was disclosed related to the Foundation's tax status in the financial statements. The International Corrugated Packaging Foundation is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and is classified as an organization other than a private foundation under 509(a) of the Internal Revenue Code. The Foundation adopted the provisions in FASB ASC 740-10. The Foundation did not disclose any uncertain tax positions. Part XI, Line 4b - Other Adjustments: Loss on disposal of property Part XII, Line 2d - Other Adjustments: Loss on disposal of property Holiday Weekend in New York 218095 137183 80912 2245 41996 19619 218095 137183 80912 2245 41996 19619 63860 17052 1 Virginia Tech 300 Turner Street NW Suite 4200 MC 0170 Blacksburg VA 24061 546001805 9550 0 Research project. Indiana State University 200 North Seventh Street Terre Haute IN 47809 356001670 30000 0 Sponsorship for Student Ambassador and Career Immersion Appalachian State University 287 Rivers St Boone NC 28608 561176030 0 94725 Purchase Price Kongsberg X24 Edge To support corrugated packaging program Clemson University 105 Sikes Hall Clemson SC 29634 570426335 0 251369 Purchase price Digital Cutter To support corrugated packaging program California Polytechnic State University 1 Grand Ave San Luis Obispo CA 93407 770209717 0 359471 Purchase price Digital Cutter To support corrugated packaging program 5 Part I, Line 2: Grant agreements are established with Organizations before donation. X Event costs for special event 1 33683 Purchase price 0 0 0 Part I, Column (b): Number of events Form 990, Part VI, Section A, line 2 Board members are officers of companies within the corrugated packaging industry that may have a business relationship with other companies within the industry represented by board members. Form 990, Part VI, Section B, line 11b A draft 990 is provided to the Organization's President and Chairman for review and approval before being filed with the IRS. Additionally, the draft 990 is made available for review by all board members on the board website and they are notified when it is posted. Form 990, Part VI, Section B, line 12c Conflict of interest statements are completed at board meetings, at least annually. The President reviews all statements to ensure they are all complete and prepares a list of all conflicts. This information is used to identify situations where board members should abstain from voting. Form 990, Part VI, Section B, line 15a The Chairman reviews compensation of other Organizations, the industry, and the current cost of living to determine the Executive President's salary. The Chariman determines any salary adjustments based on the completion of goals and the overall performance of the President. The Chairman alerts the Executive Committee of his decision and seeks agreement. Form 990, Part VI, Section C, line 19 If the governing documents, financial statements, or policies of our organization are subject to the Federal public disclosure rules (or state public disclosure rules), these documents will be made available upon request as applicable law may require. Otherwise, the governing documents, financial statements, and/or policies will be provided to the public at the discretion of management. Form 990, Part XI, Line 2C The President and Chairman are responsible for overseeing the audit and selecting an independent accountant. This process has not changed from the prior year.