2025-05-13T09:07:35+00:00 2024-06-30 346565596 ERNST & YOUNG US LLP 155 N Wacker Drive Chicago IL 60606 990 2023-07-01 873611263 Ad Astra Education Foundation ADAS 6126323055 C/O LATHROP 7300 W 110TH ST STE 150 OVERLAND PARK KS 66210 JUSTIN MILLS TREASURER 9134515100 2025-05-13 true COLLIN K ROHS P01895688 3128792000 2025-05-13 2023 2025-03-06 01:10:19Z Sasha Boulware C/O LATHROP 7300 W 110TH ST STE 150 OVERLAND PARK KS 66210 969153 false X N/A X 2021 KS TO ADVANCE EDUCATION AND EQUITY BY PROVIDING SCHOLARSHIPS, FELLOWSHIPS AND OTHER FORMS OF FINANCIAL SUPPORT TO STUDENTS, FACULTY AND OTHER ACADEMIC STAFF FROM UNDERREPRESENTED GROUPS AT THE UNIVERSITY OF KANSAS. 7 7 0 7 0 0 473459 969152 0 0 2 1 0 0 473461 969153 473459 968647 0 0 0 0 0 0 0 10955 15868 484414 984515 -10953 -15362 24412 10451 0 1401 24412 9050 THE AD ASTRA EDUCATION FOUNDATION SERVES TO ADVANCE EDUCATION AND EQUITY BY PROVIDING SCHOLARSHIPS, FELLOWSHIPS AND OTHER FORMS OF FINANCIAL SUPPORT TO STUDENTS, FACULTY AND OTHER ACADEMIC STAFF AT THE UNIVERSITY OF KANSAS (UNIVERSITY) FROM GROUPS WHO HISTORICALLY HAVE BEEN UNDERREPRESENTED AT THE UNIVERSITY. false false 968647 968647 0 SCHOLARSHIPS TO UNDERGRADUATE AND GRADUATE STUDENTS ATTENDING THE UNIVERSITY OF KANSAS FROM HISTORICALLY UNDERREPRESENTED GROUPS. 968647 true true false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 2 0 true 0 false false false false false false false false false false false false X 7 7 false false false false false false false true true false false true true true true false false false X JUSTIN MILLS 6126323055 C/O LATHROP 7300 W 110TH ST 150 OVERLAND PARK KS 66210 X E ANNETTE RIEGER VICE CHAIR, DIRECTOR 0.5 0 X X 0 0 0 GREGS THOMOPULOS CHAIR (END NOV '23), DIRECTOR 0.5 0 X X 0 0 0 JONATHAN Y NG CHAIR (START NOV '23), DIRECTOR 0.5 0 X X 0 0 0 JUSTIN A MILLS SECRETARY (START NOV '23) & TREASURER, DIRECTOR 0.5 0 X X 0 0 0 SASHA BOULWARE PRESIDENT, DIRECTOR 0.5 0 X X 0 0 0 JOHN KEARNEY DIRECTOR (START FEB '24) 0.5 0 X 0 0 0 SUSAN KLUSMEIER DIRECTOR (START FEB '24) 0.5 0 X 0 0 0 0 0 0 0 false false false 0 969152 969152 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 969153 0 0 1 968647 968647 0 0 4922 4922 1030 1030 0 0 0 0 3793 3793 453 453 5321 5321 SERVICE CHARGE 309 309 ANNUAL REPORT FEE 40 40 0 0 0 0 984515 968647 15868 0 23412 10451 1000 0 0 0 0 0 0 0 0 0 0 0 0 0 24412 10451 0 1401 0 0 0 0 0 1401 X 24412 9050 24412 9050 24412 10451 -15362 0 X false false false X 76350 473459 969152 1518961 0 0 0 0 76350 473459 969152 1518961 0 1518961 2 1 3 0 0 0 0 0 0 0 1518964 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true THE UNIVERSITY OF KANSAS STRONG HALL 1450 JAYHAWK BLVD LAWRENCE KS 66045 481124839 501(C)(3) 968647 TO PROVIDE SCHOLARSHIPS, FELLOWSHIPS AND OTHER FORMS OF FINANCIAL SUPPORT TO STUDENTS, FACULTY AND OTHER ACADEMIC STAFF AT THE UNIVERSITY OF KANSAS FROM GROUPS WHO HISTORICALLY HAVE BEEN UNDERREPRESENTED AT THE UNIVERSITY. 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. AD ASTRA EDUCATION FOUNDATION'S BOARD OF DIRECTORS WILL APPOINT ONE OR MORE SELECTION COMMITTES TO MAKE AWARDS. COMMITTEES WILL CONSIST OF INDIVIDUALS WITH KNOWLEDGE AND EXPERTISE RELEVANT TO THE SPECIFIC PROGRAMS BEING ADMINISTERED. SCHOLARSHIPS, FELLOWSHIPS, GRANTS AND OTHER FINANCIAL AID WILL BE PAID DIRECTLY TO THE UNIVERSITY OF KANSAS ON BEHALF OF THE INDIVIDUAL RECIPIENT AND AD ASTRA WILL USE THE UNIVERSITY'S ESTABLISHED PRACTICES FOR ENSURING GRANTED FUNDS ARE USED ONLY FOR THEIR INTENDED SCHOLARSHIP, FELLOWSHIP OR GRANT PURPOSES. Form 990, Part VI, Line 11b Review of form 990 by governing body Upon completion of review by an external tax preparer, a draft copy of the Form 990 is made available to the Board of Directors to review and recommend revisions. Any such recommendations are provided in a timely manner to incorporate them in the return before transmittal to the IRS. Form 990, Part VI, Line 12c Conflict of interest policy Ad Astra Education Foundation (the "Foundation") operates under a conflict of interest policy, which is as follows: a. Duty to Disclose - A Covered Person who has an actual or possible conflict of interest must disclose the existence and nature of his or her relationship or financial interest to the Board of Directors or the committee considering the proposed transaction or arrangement with the Foundation. The disclosure must be made at or prior to the meeting of the Board or committee considering the proposed transaction or arrangement with the Foundation. b. Determining Whether a Conflict of Interest Exists - After disclosure of the potential conflict of interest and all material facts, and after any discussion with the interested Covered Person, such Covered Person shall leave the portions of all Board or committee meetings at which the existence of a conflict of interest or the proposed transaction or arrangement with the Foundation is considered. The remaining members of the Board or committee shall then discuss and vote on whether a conflict of interest exists and shall seek the advice of legal counsel where appropriate in making such a determination. However, notwithstanding the foregoing, if all members of the Board or committee have a potential conflict, all Board or committee members may participate in the determination of whether a conflict exists, with advice of legal counsel when appropriate, or the Board or committee may appoint a committee of disinterested persons to make the determination. c. Procedures for Addressing the Conflict of Interest. Once a conflict of interest has been determined to exist by the Board or committee considering the proposed transaction or arrangement with the Foundation: (1) The Covered Person(s) with a conflict of interest may make a presentation at the Board or committee meeting at which the transaction or arrangement will be discussed, but after such presentation, he or she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement that results in the conflict of interest. However, notwithstanding the foregoing, if all members of the Board or committee have a potential conflict, all Board or committee members may participate in such discussion and vote pursuant to the procedure described below, or the Board or committee may appoint a committee of disinterested persons to make the determination. (2) The Board or committee shall use due diligence to determine whether the Foundation can obtain a more advantageous transaction or arrangement with reasonable efforts from a person or entity that would not give rise to a conflict of interest. In doing so, the chair of the Board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. (3) Prior to making its decision whether to participate in the proposed transaction or arrangement, the Board or committee shall, if appropriate, obtain and rely on compensation surveys, independent valuations, appraisals, price quotes, competitive bids, or other data appropriate for comparing the proposed transaction or arrangement to similar transactions or contracts that are free from conflicts. (4) After consideration, if the Board or committee determines that a more advantageous transaction or arrangement is not reasonably attainable under circumstances that would not give rise to a conflict of interest, the Board or committee may decide to enter into a transaction or arrangement involving a conflict of interest if the Board or committee determines by a majority vote of disinterested members that: (a) the transaction or arrangement is in the best interests of the Foundation; and (b) in reliance on the appropriate data as to comparability, the terms of the transaction or arrangement are fair and reasonable to the Foundation. Form 990, Part VI, Line 19 Required documents available to the public Ad Astra Education Foundation's governing documents, financial statements, and the conflict of interest policy are available upon written request at the organization's mailing address listed on page 1 of the Form 990. The information may be mailed or sent electronically if requested.