2025-10-24T14:03:10-05:00 2024-12-31 341463411 BARNES WENDLING CPAS INC 5050 WATERFORD DRIVE SHEFFIELD VILLAGE OH 44035 990 2024-01-01 346541397 ASM MATERIALS EDUCATION FOUNDATION ASMM 4403385151 9639 KINSMAN RD MATERIALS PARK OH 44073 CARRIE WILSON EXECUTIVE DIRECTOR 4406713828 2025-10-24 1 1 LAURIE A GATTEN CPA P01399120 4409343850 2025-10-24 2024 2025-03-06 01:10:19Z CARRIE WILSON 9639 KINSMAN RD MATERIALS PARK OH 44073 2915033 0 X WWW.ASMFOUNDATION.ORG X 1952 OH TO PROVIDE FOR THE ADVANCEMENT OF SCIENTIFIC AND ENGINEERING KNOWLEDGE THROUGH EDUCATION, SCHOLORSHIPS, GRANTS TO ENABLE K-12 TEACHERS TO BRING MATERIALS, SCIENCE, AND ENGINERRING INTO CLASSROOMS, AND GRANTS TO MATERIAL ADVANTAGE STUDENT CHAPTERS, AND A DESIGN COMPETITION FOR UNDERGRADUATE STUDENTS. THE SIGNATURE PROGRAM IS ASM MATERIALS CAMP. THIS EDUCATIONAL OUTREACH PROGRAM HAS SERVED OVER 21,000 HIGH SCHOOL STUDENTS AND OVER 15,000 HIGH SCHOOL SCIENCE TEACHERS. THE PROGRAM TYPICALLY INVOLVES 40+ HOURS OF LAB-BASED, HANDS-ON INSTRUCTION, SCHEDULED OVER 5 DAYS. BOTH RESIDENTIAL AND NON-RESIDENTIAL FORMATS ARE OFFERED. ALL PROGRAMS ARE PROVIDED AS A PUBLIC SERVICE AT NO COST TO THE PARTICIPANT. 17 16 0 438 0 0 1158793 742038 0 0 621671 1571365 8179 8809 1788643 2322212 234122 192189 0 0 480684 519221 0 0 281680 888660 875641 1603466 1587051 185177 735161 16564535 17610768 205074 140396 16359461 17470372 X CREATED IN 1952, THE ASM MATERIALS EDUCATION FOUNDATION MISSION IS TO DEVELOP AND DEPLOY MATERIALS SCIENCE CONTENT AND HANDS-ON, MINDS-ON INSTRUCTIONAL STRATEGIES TO INSPIRE, ENGAGE, AND EMPOWER FUTURE GENERATIONS TO CREATE STEM SOLUTIONS FOR 21ST CENTURY CHALLENGES. PROGRAMS AND SERVICES ARE PROVIDED FOR K-12 STUDENTS AND TEACHERS AS WELL AS UNDERGRADUATE STUDENTS. 0 0 982905 192189 8809 PROGRAMS INCLUDE UNDERGRADUATE SCHOLARSHIPS, UNDERGRADUATE DESIGN COMPETITION, AND OTHER UNDERGRADUATE PROGRAMS, IN ADDITION TO K-12 PROGRAMS. THE ASM FOUNDATION'S SIGNATURE PROGRAM IS ASM MATERIALS CAMPS WHICH HAVE SERVED ALMOST 21,000 STUDENTS AND 15,000 TEACHERS SINCE INCEPTION. THE PROGRAM INVOLVES 40+ HOURS OF HANDS-ON LAB INSTRUCTION OVER FIVE DAYS, BOTH IN RESIDENTIAL AND COMMUTER FORMATS. ALL TEACHERS PARTICIPATE AT NO COST TO THEM AND RECEIVE SUPPLIES TO TAKE BACK TO THEIR CLASSROOMS. THE GENERAL PUBLIC BENEFITS FROM AN INFORMED PUBLIC AND THE SCIENCE AND ENGINEERING FIELDS BENEFIT FROM AN INCREASED NUMBER OF YOUNG ADULTS CHOOSING THESE CAREER PATHS. 982905 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 24 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 17 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT DC FL GA HI IL KS KY MA MD ME MI MN MO MS NC ND NH NJ NM NV NY OH OK OR PA RI SC TN UT VA WA WI WV X CARRIE WILSON 4406713828 9639 KINSMAN RD MATERIALS PARK OH 44073 MS CARRIE L WILSON SECRETARY/EXECUTIVE DIR 40.00 X X 0 215855 45037 MR ANDREW G NYDAM TRUSTEE, EX-OFFICIO 1.00 X 0 0 0 DR WINSTON SOBOJEYO TRUSTEE 1.00 X 0 0 0 DR KIP O FINDLEY VICE CHAIR 1.00 X X 0 0 0 MR DON LEWON TRUSTEE 1.00 X 0 0 0 PROF GREGORY B OLSON TRUSTEE 1.00 X 0 0 0 DR JULIO G MALDONADO CHAIR 1.00 X X 0 0 0 DR WILLIAM E FRAZIER TRUSTEE 1.00 X 0 0 0 MR JOHN R KEOUGH IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 PROF GLENN S DAEHN TRUSTEE 1.00 X 0 0 0 MR JAMES RITCHEY TREASURER 1.00 X X 0 0 0 DR PEGGY E JONES TRUSTEE 1.00 X 0 0 0 MS ELIZABETH M PEREPEZKO TRUSTEE 1.00 X 0 0 0 MR MARC R FRY TRUSTEE 1.00 X 0 0 0 DR KATHY L HAYRYNEN TRUSTEE 1.00 X 0 0 0 DR KRISTA HEIDERSBACH TRUSTEE 1.00 X 0 0 0 DR ELIZABETH HOFFMAN TRUSTEE, EX-OFFICIO 1.00 X 0 0 0 DR GEORGE A PARKER TRUSTEE 1.00 X 0 0 0 0 215855 45037 0 0 1 0 0 742038 742038 445847 445847 1718339 592821 1125518 1125518 1125518 OTHER INCOME 900099 8809 8809 8809 2322212 8809 0 1571365 192189 192189 415861 173284 168289 74288 74153 31414 30165 12574 29207 12283 11951 4973 6090 6090 46494 46494 29810 750 24188 4872 2432 1627 117 688 5976 4161 1815 289918 247084 7692 35142 EVENTS AND CATERING 205303 202352 301 2650 CONTRACTORS 180627 21202 16916 142509 COST OF SERVICES 98758 96559 30 2169 MISCELLANEOUS 10233 0 10233 0 1587051 982905 322466 281680 180540 25636 723535 449532 15649977 17124655 10483 10945 16564535 17610768 70059 36267 135015 104129 205074 140396 X 11854615 12309025 4504846 5161347 16359461 17470372 16564535 17610768 735161 375750 0 X X 0 1 X 1 0 X X 1 ASM INTERNATIONAL 340714532 10 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION B, LINE 1 AS SET FORTH IN ITS ARTICLES OF INCORPORATION, THE ASM FOUNDATION IS A SUPPORTING ORGANIZATION OF ASM INTERNATIONAL. CONTROL IS VESTED IN THAT THE ASM FOUNDATION BOARD MUST BE RATIFIED BY THE ASM INTERNATIONAL BOARD. SEVERAL PAST PRESIDENTS OF ASM INTERNATIONAL HAVE BEEN ELECTED BY THE ASM FOUNDATION BOARD TO SERVE ON THE ASM FOUNDATION BOARD. THE ASM INTERNATIONAL EXECUTIVE DIRECTOR ALSO SITS ON THE ASM FOUNDATION BOARD. ASM INTERNATIONAL PROVIDES ADMINISTRATIVE SUPPORT TO THE ASM FOUNDATION AS OUTLINED IN A MASTER SERVICES AGREEMENT SIGNED BY BOTH BOARD PRESIDENTS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8310543 215747 1012750 487740 9051300 7389185 29410 980641 88693 8310543 8515954 410959 -912872 624856 7389185 8644297 145833 946631 1220807 8515954 9252398 1932860 -2355402 185559 8644297 0.70534 0.23421 0.06045 1 0 0 CHAPTER INVESTMENT ACCOUNTS 74237 DUE TO RELATED PARTY 29892 104129 X 3050468 375750 399000 774750 2275718 46494 46494 2322212 1939557 399000 399000 1540557 46494 46494 1587051 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION EVALUATES AT EACH STATEMENT OF FINANCIAL POSITION DATE UNCERTAIN TAX POSITIONS TAKEN, IF ANY, TO DETERMINE THE NEED TO RECORD LIABILITIES FOR TAXES, PENALTIES, AND INTEREST. THE FOUNDATION'S POLICY IS TO RECORD INTEREST AND PENALTIES ON UNCERTAIN TAX PROVISIONS AS INCOME TAX EXPENSE. AS OF DECEMBER 31, 2024 AND 2023, THE FOUNDATION HAS NO ACCRUED TAXES, INTEREST, OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. THE FOUNDATION HAS DETERMINED THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART V, LINE 4 THE ENDOWMENT FUNDS ARE USED FOR EDUCATIONAL PROGRAMS AND MATERIALS CAMPS. 1 THE FOUNDATION IS DEDICATED TO PROVIDING FINANCIAL ASSISTANCE TO THOSE INDIVIDUALS THAT WISH TO FURTHER THEIR KNOWLEDGE OF ENGINEERING AND SCIENTIFIC KNOWLEDGE. 55 192189 0 0 0 0 0 0 0 0 0 MS CARRIE L WILSON SECRETARY/EXECUTIVE DIR 0 215855 0 0 0 0 0 22988 0 22049 0 260892 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS PRESENTED TO THE BOARD AND THEIR DELEGATED REPRESENTATIVE AFTER A DETAILED REVIEW BY THE DIRECTOR OF FINANCE OF THE FOUNDATION. THE BOARD REVIEWS THE 990 INCLUDING THE COMMENTS PROVIDED BY THE DIRECTOR OF FINANCE. FOLLOWING DISCUSSIONS, THE FORM WAS ACCEPTED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C ANY CONFLICT OF INTEREST IS TO BE COMMUNICATED WITH THE HUMAN RESOURCES DEPARTMENT, PEERS, OR OTHERS DUE TO THE OPEN DOOR POLICY IN PLACE. THE HUMAN RESOURCES DEPARTMENT IS CONSISTENTLY MONITORING AND ENFORCING COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S COMPENSATION OF KEY EMPLOYEES IS REVIEWED BY THE EXECUTIVE COMMITTEE AND APPROVED ANNUALLY BY THE BOARD. THE ORGANIZATION USES COMPARABLE COMPENSATION INFORMATION FOR SIMILIAR PERSONS AT COMPARABLE ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 ASM MATERIALS EDUCATION FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. FORM 990, PART IX, LINES 7, 9 AND 10 THE FOUNDATION'S EMPLOYEES ARE PAID THROUGH ASM INTERNATIONAL. THE FOUNDATION REIMBURSES ASM INTERNATIONAL FOR ALL STAFF COSTS, INCLUDING COMPENSATION, PAYROLL TAXES, AND FRINGE BENEFITS. ASM INTERNATIONAL 9639 KINSMAN RD MATERIALS PARK OH 44073 340714532 TO PROVIDE FOR THE ADVANCEMNT OF METALS & MATERIALS KNOWLEDGE OH 501(C)(3) LINE 10 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 ASM INTERNATIONAL O 399000 FMV ASM INTERNATIONAL E 29892 FMV