2024-11-15T15:13:19-06:00 2023-12-31 420714325 RSM US LLP 919 EAST MAIN STREET SUITE 1800 RICHMOND VA 23219 990 2023-01-01 516018128 AMERICAN ASSOCIATION OF AIRPORT EXECUTIVES FOUNDATION INC AMER 7038240500 601 MADISON STREET 400 ALEXANDRIA VA 223141756 TODD HAUPTLI PRESIDENT & CEO 7038240500 2024-11-15 1 0 MEREDITH BELL P01696827 8042822121 2024-11-15 2023 2024-10-15 13:58:12Z TODD HAUPTLI 601 MADISON STREET 400 ALEXANDRIA VA 223141756 2823944 0 X WWW.AAAE.ORG X 1957 IL THE FOUNDATION WAS ESTABLISHED TO PROMOTE THE EDUCATION AND PROFESSIONALISM OF AIRPORT MANAGERS. THE FOUNDATION GRANTS SCHOLARSHIPS TO AAAE ACCREDITED MEMBERS AND THEIR DEPENDENTS. SINCE 1989, THE AAAE FOUNDATION HAS ISSUED OVER 3,400 SCHOLARSHIP CHECKS TOTALING MORE THAN $6.25 MILLION, MAKING THE ORGANIZATION ONE OF THE LARGEST SUPPORTERS OF HIGHER EDUCATION ASSISTANCE IN THE ENTIRE AVIATION INDUSTRY. IN 2023, THE AAAE FOUNDATION AWARDED 138 SCHOLARSHIP AWARDS TOTALING $460,483. 26 26 0 88 0 0 497074 2628207 0 0 77632 195737 27 0 574733 2823944 370702 460483 0 0 0 0 0 0 0 22753 82856 393455 543339 181278 2280605 5844570 8615320 900110 727276 4944460 7888044 THE FOUNDATION WAS ESTABLISHED TO PROMOTE THE EDUCATION AND PROFESSIONALISM OF AIRPORT MANAGERS. THE FOUNDATION GRANTS SCHOLARSHIPS TO AAAE MEMBERS AND THEIR DEPENDENTS. 0 0 543339 460483 THE FOUNDATION WAS ESTABLISHED TO PROMOTE THE EDUCATION AND PROFESSIONALISM OF AIRPORT MANAGERS. THE FOUNDATION GRANTS SCHOLARSHIPS TO AAAE MEMBERS AND DEPENDENTS, AVIATION STUDENTS, NATIVE AMERICANS, AND STUDENTS SPONSORED BY AAAE. 543339 1 1 0 0 0 0 0 0 0 1 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 0 0 0 0 0 0 1 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 VA X STEPHEN GIRONDA 7038240500 601 MADISON STREET 400 ALEXANDRIA VA 223141756 X PERRY J MILLER AAE IAP CHAIR 8.00 7.00 X X 0 0 0 RICHARD S CRIDER AAE FIRST VICE CHAIR 8.00 7.00 X X 0 0 0 REBECCA HUPP AAE SECOND VICE CHAIR 8.00 7.00 X X 0 0 0 MARSHALL STEVENS AAE SECRETARY/TREASURER 8.00 7.00 X X 0 0 0 MARK E GALE AAE FIRST PAST CHAIR 8.00 7.00 X X 0 0 0 LAWRENCE J KRAUTER AAE AICP SECOND PAST CHAIR 8.00 7.00 X X 0 0 0 HARRY BARRETT JR AAE DIRECTOR 5.00 7.00 X 0 0 0 TERRY BLUE AAE ACE DIRECTOR 5.00 7.00 X 0 0 0 HENRIETTA BROWN AAE MBA DIRECTOR 5.00 7.00 X 0 0 0 KEVIN BUMEN AAE CAE DIRECTOR 5.00 7.00 X 0 0 0 TRAVIS CRILLY AAE DIRECTOR 5.00 7.00 X 0 0 0 MARK CROSBY AAE DIRECTOR 5.00 7.00 X 0 0 0 SHAWN DOBBERSTEIN AAE DIRECTOR 5.00 7.00 X 0 0 0 WILLIAM ED E FOSTER AAE IACE DIRECTOR 5.00 7.00 X 0 0 0 CHRISTOPHER GREENE DIRECTOR 5.00 7.00 X 0 0 0 VINICIO LERNNY LLERENA AAE ACE DIRECTOR 5.00 7.00 X 0 0 0 JOSEPH G MARANA AAE ACE DIRECTOR 5.00 7.00 X 0 0 0 ANDREW MARTZ AAE DIRECTOR 5.00 7.00 X 0 0 0 MELINDA MONTGOMERY AAE DIRECTOR 5.00 7.00 X 0 0 0 GREGORY S PHILLIPS AAE DIRECTOR 5.00 7.00 X 0 0 0 STEVEN PICOU AAE ACE DIRECTOR 5.00 7.00 X 0 0 0 JUDY M ROSS AAE DIRECTOR 5.00 7.00 X 0 0 0 ATIF SAEED AAE IAP DIRECTOR 5.00 7.00 X 0 0 0 RYAN H SHEEHAN AAE DIRECTOR 5.00 7.00 X 0 0 0 CRAIG A WILLIAMS AAE DIRECTOR 5.00 7.00 X 0 0 0 MARK WITSOE AAE CAE DIRECTOR 5.00 7.00 X 0 0 0 0 0 0 0 0 0 0 0 2194716 433491 2628207 195737 195737 2823944 0 0 195737 460483 460483 3675 3675 11867 11867 1685 1685 117 117 57728 57728 AWARDS 6007 6007 MISCELLANEOUS EXPENSES 1035 1035 SUBSCRIPTIONS 742 742 543339 543339 0 0 229848 1940715 2185246 2065296 80466 117441 3349010 4491868 5844570 8615320 53358 20578 1250 0 845502 706698 900110 727276 X 4354332 4331480 590128 3556564 4944460 7888044 5844570 8615320 2280605 662979 0 X X 0 1 X 1 0 X X 1 AAAE 510094939 10 1 0 0 1 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 3B: DETERMINATION IS MADE ON A CONTINUAL BASIS THROUGH THE MONITORING OF SUPPORTED ORGANIZATION REVENUES AND INVESTMENT INCOME, IN ACCORDANCE WITH THE REQUIREMENTS OF THE IRC SECTION 509(A)(2) PUBLIC SUPPORT TEST. PART IV, SECTION A, LINE 3C: AAAE FOUNDATION DOES NOT PROVIDE DIRECT SUPPORT TO ITS SUPPORTED ORGANIZATION. RATHER, IT PURSUES CHARITABLE PURPOSES THAT FURTHER THE EDUCATIONAL PURPOSES OF THE ORGANIZATION IT SUPPORTS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2871889 407225 497177 219727 3556564 3192164 188393 -427141 81527 2871889 2786072 208239 392601 194748 3192164 2464418 121067 318924 118337 2786072 1752381 554806 371905 214674 2464418 0.00000 0.92629 0.07371 0 0 0 DUE TO RELATED PARTY 706698 706698 PART V, LINE 4: PERMANENTLY RESTRICTED NET ASSETS ARE RESTRICTED TO INVESTMENTS IN PERPETUITY, THE INCOME FROM WHICH IS EXPENDABLE TO SUPPORT SCHOLARSHIPS. AMOUNTS TOTALING $3,294,405 ARE PERMANENTLY RESTRICTED TO THE FOUNDATION'S EDUCATIONAL SCHOLARSHIP PROGRAM. 1 SCHOLARSHIPS 138 460483 PART I, LINE 2: THE ORGANIZATION EMPLOYS THE SERVICES OF A THIRD PARTY, INTERNATIONAL SCHOLARSHIP AND TUITION SERVICES INC., TO MANAGE SCHOLARSHIPS. FORM 990, PART VI, SECTION B, LINE 11B THE AMERICAN ASSOCIATION OF AIRPORT EXECUTIVES FOUNDATION'S ANNUAL FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE. THE COMPLETED FORM 990 IS SENT ELECTRONICALLY TO EACH MEMBER FOR THEIR REVIEW. ALL COMMENTS ARE COLLECTED BY THE AUDIT COMMITTEE CHAIR AND ADDRESSED WITH STAFF. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART XII, LINE 2C THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR. AMERICAN ASSOCIATION OF AIRPORT EXECUTIVES INC 601 MADISON STREET ALEXANDRIA VA 22314 510094939 TO REPRESENT AIRPORT MANAGEMENT THROUGHOUT THE U.S. IL 501(C)(6) N/A 0 AIRPORT RESEARCH AND DEVELOPMENT FOUNDATION 601 MADISON STREET ALEXANDRIA VA 22314 521594261 SCIENTIFIC AND EDUCATIONAL PURPOSES IN CONNECTION WITH AVIATION INDUSTRY VA 501(C)(3) LINE 7 AMERICAN ASSOCIATION OF AIRPORT EXECUTIVES 0 AMERICAN ASSOCIATION OF AIRPORT EXECUTIVES SERVICE CORP INC 601 MADISON STREET ALEXANDRIA VA 22314 541475067 PUBLISH MAGAZINE VA AMERICAN ASSOCIATION OF AIRPORT EXECUTIVES INC C 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 AMERICAN ASSOCIATION OF AIRPORT EXECUTIVES INC C 2194716 FMV AMERICAN ASSOCIATION OF AIRPORT EXECUTIVES INC S 149735 FMV