Aisc Education Foundation

Organization Overview

Aisc Education Foundation is located in Chicago, IL. The organization was established in 1998. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aisc Education Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Aisc Education Foundation generated $378.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $300.6k during the year ending 12/2021. While expenses have increased by 4.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTE EDUCATION & PROVIDE SCHOLARSHIPS RELATED TO FABRICATED STRUCTURAL STEEL & ENGINEERING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION AWARDED SCHOLARSHIPS AND FELLOWSHIPS FROM THE SOUTHERN ASSOCIATION OF STEEL FABRICATORS FUND, THE ROCKY MOUNTAIN STEEL CONSTRUCTION ASSOC. FUND, THE FRED R. HAVENS FUND, THE AISC MEMORIAL SCHOLARSHIP FUND, THE GREAT LAKES FABRICATORS & ERECTORS ASSOCIATION, THE W&W/AFCO STEEL FUND, THE FOUNDATION FOR NEW HAMPSHIRE COMMUNITY COLLEGES AND UNDERGRADUATE RESEARCH FELLOWSHIPS.


THE FOUNDATION CONDUCTS A NATIONAL STUDENT BRIDGE COMPETITION FOR THE WINNERS OF REGIONAL COMPETITIONS HELD THROUGHOUT THE COUNTRY. AWARDS ARE PRESENTED TO THE UNIVERSITIES/COLLEGES REPRESENTED BY THE WINNING STUDENTS FOR THE BENEFIT OF THE STUDENTS. EIGHT AWARDS FROM $1,000 TO $5,000 WERE PRESENTED IN 2021. THE NATIONAL STUDENT STEEL BRIDGE COMPETITION WAS HELD VIRTUALLY IN 2021.


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Board, Officers & Key Employees

Name (title)Compensation
David Zalesne
Chair
$0
Babette Freund
Vice Chair
$0
Dan Kadrmas
Treasurer
$0
Edward Seglias
Secretary
$0
Charles J Carter
President
$0
Benjamin R Baer
Member Of Committee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$140,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$112,634
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$252,634
Total Program Service Revenue$0
Investment income $48,897
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $76,656
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $378,187

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Aisc Education Foundation has recieved totaling $140,374.

Awarding OrganizationAmount
Aisc Holdings Inc

Chicago, IL

PURPOSE: RESEARCH

$140,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$374
View Grant Recipient Profile

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