2025-11-11T08:27:02-06:00 2024-12-31 992277914 EAG NEW ENGLAND LLC 160 FEDERAL STREET 9TH FLOOR BOSTON MA 02110 990 2024-01-01 264836002 THE FAB FOUNDATION FABF 8573337777 50 MILK ST 16TH FLOOR BOSTON MA 02109 SHERRY LASSITER PRESIDENT 8573337777 2025-11-11 1 0 EUGENE BORGONZI P01269879 6172276161 2025-11-10 2024 2025-03-06 01:10:19Z FAB ACADEMY SHERRY LASSITER 50 MILK ST 16TH FLOOR BOSTON MA 02109 6495763 0 X WWW.FABFOUNDATION.ORG X 2009 CA THE FAB FOUNDATION WAS FORMED FEBRUARY 6, 2009 TO FACILITATE AND SUPPORT THE GROWTH OF THE INTERNATIONAL FAB LAB NETWORK. THE FAB FOUNDATION IS A US NON-PROFIT 501(C)(3) ORGANIZATION EMERGING FROM THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY'S CENTER FOR BITS & ATOMS (CBA) INTERNATIONAL FAB LAB OUTREACH PROGRAM. OUR MISSION IS TO PROVIDE ACCESS TO THE TOOLS, THE KNOWLEDGE AND THE FINANCIAL MEANS TO EDUCATE, INNOVATE AND INVENT USING TECHNOLOGY AND DIGITAL FABRICATION TO ALLOW ANYONE TO MAKE (ALMOST) ANYTHING, AND THEREBY CREATING OPPORTUNITIES TO IMPROVE LIVES AND LIVELIHOODS AROUND THE WORLD. COMMUNITY ORGANIZATIONS, EDUCATIONAL INSTITUTIONS AND NON-PROFIT CONCERNS ARE OUR PRIMARY BENEFICIARIES. 5 3 5 75 0 0 1226112 3706206 788615 2781381 192120 8176 0 0 2206847 6495763 648230 1475392 0 0 504204 595099 0 4644 33316 2089441 3310300 3241875 5385435 -1035028 1110328 1634179 4370179 707940 2336002 926239 2034177 X THE FAB FOUNDATION WAS FORMED FEBRUARY 6, 2009 TO FACILITATE AND SUPPORT THE GROWTH OF THE INTERNATIONAL FAB LAB NETWORK. THE FAB FOUNDATION IS A US NON-PROFIT 501(C)(3) ORGANIZATION EMERGING FROM THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY'S CENTER FOR BITS & ATOMS' (CBA) INTERNATIONAL FAB LAB OUTREACH PROGRAM. OUR MISSION IS TO PROVIDE ACCESS TO THE TOOLS, THE KNOWLEDGE AND THE FINANCIAL MEANS TO EDUCATE, INNOVATE AND INVENT USING TECHNOLOGY AND DIGITAL FABRICATION TO ALLOW ANYONE TO MAKE (ALMOST) ANYTHING, AND THEREBY CREATING OPPORTUNITIES TO IMPROVE LIVES AND LIVELIHOODS AROUND THE WORLD. COMMUNITY ORGANIZATIONS, EDUCATIONAL INSTITUTIONS AND NON-PROFIT CONCERNS ARE OUR PRIMARY BENEFICIARIES. 0 0 4271482 1475392 2048403 THE ORGANIZATION PROMOTES DIGITAL FABRICATION BY FACILITATING THE DEVELOPMENT OF COMMUNITY-BASED AND EDUCATIONAL FAB LABS, THE DISSEMINATION OF BEST PRACTICES IN DIGITAL FABRICATION THROUGHOUT THE FAB LAB NETWORK, FACILITATION AND DISSEMINATION OF RESEARCH AND COMMUNITY-BENEFICIAL PROJECTS, THE FUNDING AND FACILITATION OF FAB LAB AND DIGITAL FABRICATION PROJECTS THAT BENEFIT PEOPLE AND COMMUNITIES IN EXEMPLARY WAYS, SUCH AS MOBILE FAB LABS FOR EMERGENCY AID, OR FAB LABS FOR DEVELOPING WORLD CONTEXTS. THESE SERVICES INCLUDE DEPLOYING, INSTALLING, TRAINING, AND CONSULTING FOR NEW FAB LABS AS WELL AS PROGRAMMATIC SUPPORT OF ESTABLISHED FAB LABS. THE ORGANIZATION WORKS TO GATHER AND PROVIDE CRITICAL EVALUATION DATA AS WELL AS PROVIDE TOOLS FOR TRACKING THE IMPACT OF FAB LABS IN EDUCATIONAL, BUSINESS AND SOCIAL CONTEXTS. AS PART OF ITS SERVICES, THE ORGANIZATION PROVIDES A NETWORK FUNCTION FOR THE FAB LAB COMMUNITY, BRINGING TOGETHER FAB LABS AROUND THE WORLD EITHER PHYSICALLY (FOR ANNUAL MEETINGS AND WORKSHOPS) OR VIRTUALLY THROUGH ONLINE TOOLS AND RESOURCES. ADDITIONALLY, AS A RESOURCE TO EDUCATIONAL ORGANIZATIONS, ENTREPRENEURIAL ORGANIZATIONS AND THE GENERAL PUBLIC THE ORGANIZATION HAS DEVELOPED AN ONLINE GLOBAL MAP OF FAB LABS, MAKERSPACES, AND INNOVATION SPACES SUCH THAT PEOPLE OR ORGANIZATIONS THAT NEED ACCESS TO THESE FACILITIES CAN FIND THEM EASILY. 629353 0 732978 THE ORGANIZATION BRINGS DIGITAL FABRICATION TOOLS AND PROCESSES TO PEOPLE OF ALL AGES, TEACHING THE SKILLS AND KNOWLEDGE OF DIGITAL FABRICATION, DEVELOPING CURRICULUM FOR FORMAL AND INFORMAL EDUCATIONAL SETTINGS, AS WELL AS DESIGNING AND OFFERING PROFESSIONAL DEVELOPMENT TRAINING PROGRAMS FOR TEACHERS, FAB LAB MANAGERS AND OTHER PROFESSIONALS. THE ORGANIZATION OFFERS ADVANCED TECHNICAL EDUCATION THROUGH THE FAB ACADEMY WHICH PROVIDES INSTRUCTION AND SUPERVISES INVESTIGATION OF MECHANISMS, APPLICATIONS, AND IMPLICATIONS OF DIGITAL FABRICATION AND OTHER TECHNOLOGIES. THE FAB ACADEMY IS A WORLDWIDE, DISTRIBUTED CAMPUS UTILIZING FAB LABS AS CLASSROOMS AND LIBRARIES FOR A NEW KIND OF TECHNICAL LITERACY. THE ORGANIZATION ALSO PROVIDES PROFESSIONAL DEVELOPMENT AND RESOURCES FOR K12 TEACHERS AND EDUCATORS THROUGH ITS SCOPES-DF WEBSITE AND RESEARCH PLATFORM (SCOPESDF.ORG). THIS SITE SHARES RESOURCES AND DISSEMINATES BEST EDUCATIONAL PRACTICES FOR EDUCATORS USING DIGITAL FABRICATION TO TEACH STEM DISCIPLINES AND SKILLS. 4900835 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 22 0 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA MA X X SHERRY LASSITER 8573337777 50 MILK ST 16TH FLOOR BOSTON MA 02109 SHERRY LASSITER PRESIDENT/DIRECTOR 20.00 X X 75500 0 1063 NEIL GERSHENFELD CHAIRMAN/DIRECTOR/CONSULTANT 1.00 X X 101601 0 0 MARIE PLANCHARD TREASURER/DIRECTOR 1.00 X X 0 0 0 BLAIR EVANS DIRECTOR 1.00 X 0 0 0 KATIE RAST SECRETARY/DIRECTOR 1.00 X X 0 0 0 LUCIANO BETOLDI VICE PRESIDENT/COO 40.00 X 135000 0 621 312101 0 1684 2 0 0 0 0 3706206 3706206 CONTRACTS 541700 1947075 1947075 TUITION 611430 732978 732978 CONFERENCE FEES 541900 101328 101328 2781381 8176 8176 6495763 2781381 0 8176 X 102495 102495 23200 23200 1349697 1349697 178745 155768 11505 11472 362899 322534 26965 13400 19028 16289 1663 1076 34427 29471 3010 1946 1122 1122 118950 118950 4644 4644 996691 885984 110707 2230 1518 712 61998 23403 37845 750 37025 37025 300905 274348 26557 41063 37170 3893 12384 12384 3799 3799 39245 420 38797 28 LAB COMPONENTS 1694188 1678538 15650 STATE FILING FEES 700 700 5385435 4900835 451284 33316 1032634 2402062 466101 767615 25000 979616 83479 204567 3114 3114 17127 3205 21583 13784 4598 7799 2126 2201 1634179 4370179 257324 569257 1233693 315616 394876 135000 138176 707940 2336002 X -1122 -678127 927361 2712304 926239 2034177 1634179 4370179 X 1110328 -2390 X X 0 1 X 1 0 X 3154784 2221740 1095819 1226112 3706206 11404661 3154784 2221740 1095819 1226112 3706206 11404661 7775046 3629615 1060 568 82 27846 8176 37732 11442393 7708760 0.31720 0.39330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21583 13784 7799 7799 X 6495763 0 6495763 0 6495763 5387825 2390 2390 5385435 0 5385435 PART X, LINE 2: THE ORGANIZATION IS SUBJECT TO THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD'S ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, AS IT RELATES TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT BELIEVES THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION OF AN ASSET OR LIABILITY OR DISCLOSURE IN THESE FINANCIAL STATEMENTS. THE ORGANIZATION WOULD RECOGNIZE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN MANAGEMENT AND GENERAL EXPENSES IF INCURRED. PART XII, LINE 2D - OTHER ADJUSTMENTS: PROVISION FOR LOSS ON UNCOLLECTIBLE RECEIVABLES 2,390. 1 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 GRANTS TO RECIPIENTS IN REGION N/A 1313318 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 45 PROGRAM SERVICES ACADEMY INSTRUCTION 222840 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 5 PAYMENTS FOR CONSULTING SERVICES N/A 353412 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 3 PROGRAM SERVICES ACADEMY INSTRUCTION 12300 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 8 PROGRAM SERVICES ACADEMY INSTRUCTION 125788 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 14 PAYMENTS FOR CONSULTING SERVICES N/A 195305 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 4 PROGRAM SERVICES ACADEMY INSTRUCTION 11025 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 4 PAYMENTS FOR CONSULTING SERVICES N/A 37087 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 12 PROGRAM SERVICES ACADEMY INSTRUCTION 54193 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 4 PAYMENTS FOR CONSULTING SERVICES N/A 27488 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES PURCHASE AND INSTALLATION OF 2 FAB LABS AND TRAINING 195475 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 GRANTS TO RECIPIENTS IN REGION N/A 14329 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 GRANTS TO RECIPIENTS IN REGION N/A 50 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 1 PAYMENTS FOR CONSULTING SERVICES N/A 11000 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 FUNDRAISING N/A SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 3 PROGRAM SERVICES ACADEMY INSTRUCTION 12250 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 GRANTS TO RECIPIENTS IN REGION N/A 1000 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 2 PROGRAM SERVICES ACADEMY INSTRUCTION 4575 SOUTH AMERICA 0 0 PROGRAM SERVICES PURCHASE AND INSTALLATION OF A FAB LAB AND TRAINING 221430 SOUTH AMERICA 0 0 PROGRAM SERVICES MAPPING EXISTING RESOURCES AND CO-DESIGN STUDIO 18261 SOUTH AMERICA 0 0 GRANTS TO RECIPIENTS IN REGION N/A 10000 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 FUNDRAISING N/A EAST ASIA AND THE PACIFIC 0 0 GRANTS TO RECIPIENTS IN REGION N/A 6000 NORTH AMERICA 0 0 GRANTS TO RECIPIENTS IN REGION N/A 5000 NORTH AMERICA 0 0 CONFERENCE N/A 280580 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 CONFERENCE N/A 9127 0 83 0 22 0 105 2271075 870758 3141833 EUROPE (INCLUDING ICELAND & GREENLAND) FAB CITY GLOBAL INITIATIVE 1233693 WIRE TRANSFER 0 N/A N/A EUROPE (INCLUDING ICELAND & GREENLAND) FISCAL SPONSORSHIP 73125 WIRE TRANSFER 0 N/A N/A 2 0 STEM FELLOW AWARD EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 1 500 WIRE TRANSFER 0 N/A N/A CONTEST/CHALLENGE/COMPETITION WINNERS SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 1 50 WIRE TRANSFER 0 N/A N/A STEM FELLOW AWARD SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 2 1000 WIRE TRANSFER 0 N/A N/A STEM FELLOW AWARD MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 1 10000 WIRE TRANSFER 0 N/A N/A STEM FELLOW AWARD SOUTH AMERICA 1 10000 WIRE TRANSFER 0 N/A N/A CONTEST/CHALLENGE/COMPETITION WINNERS MIDDLE EAST AND NORTH AFRICA 2 500 WIRE TRANSFER 0 N/A N/A 1 0 0 0 0 1 PART I, LINE 2: GRANTEES ARE REQUIRED TO MAKE PERIODIC REPORTS TO ENSURE THAT ANY FUNDS OR OTHER ASSITANCE RECEIVED ARE USED FOR THE INTENDED PURPOSE(S) OF THE GRANT ONLY. THE OFFICERS OF THE CORPORATION SHALL REVIEW ALL REPORTS FROM THE GRANT RECIPIENT, AND SOLICIT AND ANALYZE ANY OTHER INFORMATION THAT IS DEEMED NECESSARY AND PRUDENT, INCLUDING REVIEWING THE RECIPIENT'S OTHER RECORDS AND/OR PERFORMING ON-SITE VISITS WITH THE RECIPIENT(S), TO ENSURE THAT ALL GRANT FUNDS ARE BEING USED FOR THE INTENDED PURPOSE. PART I, LINE 3: EXPENDITURES ARE ACCOUNTED FOR ON THE ACCRUAL BASIS USED FOR FINANCIAL STATEMENT PURPOSES. PART II, LINE 1 ACCOUNTING METHOD: GRANTS TO ORGANIZATIONS AND INDIVIDUALS OUTSIDE THE U.S. ARE ACCOUNTED FOR ON THE ACCRUAL BASIS USED FOR FINANCIAL STATEMENT PURPOSES. FORM 990, SCHEDULE F, PART I, LINE 3 THE ORGANIZATION RECEIVED DONATIONS FROM DONORS LOCATED IN THE EUROPE AND EAST ASIA AND THE PACIFIC REGIONS. THE ORGANIZATION DID NOT INCUR ANY FUNDRAISING EXPENDITURES IN THESE REGIONS TO OBTAIN THE DONATIONS AND THEREFORE THE FUNDRAISING EXPENSES ARE ZERO. THE ORGANIZATION DID REPORT THOSE DONORS ON SCHEDULE B IN ACCORDANCE WITH IRS REGULATIONS. 1 STEM CONNECTOR 1500 ROSENCRANS AVE STE 500 MANHATTAN BEACH CA 90266 465647562 FOR PROFIT 40000 0 N/A N/A FISCAL SPONSORSHIP SHIFT 7 LLC 2329 CALIFORNIA STREET NW WASHINGTON DC 20008 822199933 FOR PROFIT 46250 0 N/A N/A FISCAL SPONSORSHIP TO PROMOTE THE LEVERAGING OF TECHNOLOGIES TO PROMOTE SOCIAL INNOVATIONS GLOBALLY. FAB-HOOD 1400 EAST 105TH STREET CLEVELAND OH 44106 873074820 501(C)(3) 10000 0 N/A N/A FISCAL SPONSORSHIP FOR EMPOWERING STUDENTS THROUGH FAB-MATH PROJECT 1 2 STEM FELLOW AWARD 8 23000 0 N/A N/A CONTEST WINNER 2 200 0 N/A N/A PART I, LINE 2: GRANTEES ARE REQUIRED TO MAKE PERIODIC REPORTS TO ENSURE THAT ANY FUNDS OR OTHER ASSITANCE RECEIVED ARE USED FOR THE INTENDED PURPOSE(S) OF THE GRANT ONLY. THE OFFICERS OF THE CORPORATION SHALL REVIEW ALL REPORTS FROM THE GRANT RECIPIENT, AND SOLICIT AND ANALYZE ANY OTHER INFORMATION THAT IS DEEMED NECESSARY AND PRUDENT, INCLUDING REVIEWING THE RECIPIENT'S OTHER RECORDS AND/OR PERFORMING ON-SITE VISITS WITH THE RECIPIENT(S), TO ENSURE THAT ALL GRANT FUNDS ARE BEING USED FOR THE INTENDED PURPOSE. FORM 990, PART I, LINE 6 - VOLUNTEERS THE VOLUNTEERS PROVIDE TIME AND EXPERTISE TO THE FAB FOUNDATION, IN DEVELOPING EDUCATION CONTENT, STRATEGIC OUTREACH IN EDUCATION AND ENTREPRENEURSHIP, FUNDRAISING, AND ASSISTANCE WITH ORGANIZING AND RUNNING FAB LAB COMMUNITY EVENTS LIKE THE ANNUAL GATHERING FABX EACH YEAR, OR LOCAL EVENTS FOR COMMUNITY. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT AND TREASURER OF THE ORGANIZATION REVIEW FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER AND BOARD MEMBER SIGNS AN ANNUAL COI STATEMENT DISCLOSING ANY POTENTIAL CONFLICTS OF INTEREST. IT IS ALSO THEIR ONGOING DUTY TO REPORT ANY POTENTIAL CONFLICTS OF INTEREST THAT MAY OCCUR DURING THE YEAR TO THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE: HTTPS://FABFOUNDATION.ORG/ABOUT/#FINANCIAL-REPORTS, AS WELL AS UPON REQUEST. FORM 990, PART IX, LINE 11G MENTORING & SUPPORT: PROGRAM SERVICE EXPENSES 262,810. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 262,810. PROGRAM CONSULTANTS: PROGRAM SERVICE EXPENSES 621,788. MANAGEMENT AND GENERAL EXPENSES 109,104. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 730,892. PAYROLL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,603. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,603. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,386. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,386. FORM 990, PART XI, LINE 9: LOSS ON UNCOLLECTIBLE RECEIVABLES -2,390. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.