2025-11-17T13:45:11-06:00 2024-12-31 331498605 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2024-01-01 831444757 IPC EDUCATION FOUNDATION IPCE 8475972883 3000 LAKESIDE DR 105N BANNOCKBURN IL 60015 JOHN MITCHELL PRESIDENT 8475972883 2025-11-15 1 1 JESSICA TOADER P01464604 3122071040 2025-11-15 2024 2025-03-06 01:10:19Z ELECTRONICS FOUNDATION JOHN MITCHELL 3000 LAKESIDE DR 105N BANNOCKBURN IL 60015 39047 0 X WWW.IPCEF.ORG X 2017 IL SUPPORT THE IMPROVEMENT AND DISSEMINATION OF KNOWLEDGE IN THE FIELD OF ELECTRONICS THROUGH 4 1 0 230 0 0 281040 35123 3243 3924 0 0 0 0 284283 39047 62500 71500 0 0 446471 347214 0 0 0 99802 23982 608773 442696 -324490 -403649 877102 792526 2337840 2656913 -1460738 -1864387 X THE IPC EDUCATION FOUNDATION CREATES CONNECTIONS BETWEEN ELECTRONICS MANUFACTURERS AND SUPPLY CHAIN COMPANIES, ACADEMIA AND THE EMERGING WORKFORCE. IT WORKS TO PREPARE STUDENTS FOR REWARDING CAREERS BY SUPPLYING LEARNING OPPORTUNITIES FOCUSED ON ELECTRONICS MANUFACTURING AND IMPROVING THE PERCEPTION OF MANUFACTURING AS A STABLE AND WELL-PAID SECTOR. 0 0 405612 71500 3924 SUPPORT THE IMPROVEMENT AMD DISSEMINATION OF KNOWLEDGE IN THE FIELD OF ELECTRONICS THROUGH EDUCATION AND TRAINING, DISTRIBUTE SCHOLARSHIPS AND GRANTS TO EMPOWER INDIVIDUALS TO PARTICIPATE AND COLLABORATE WITH PARTNERS TO HELP FOSTER AND PROMOTE EDUCATION AND TRAINING IN THE ELECTRONICS INDUSTRY. 405612 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 1 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 IL X TOM SANDMAN 8475972883 3000 LAKESIDE DR 105N BANNOCKBURN IL 60015 X JOHN MITCHELL PRESIDENT 0.50 40.00 X X 0 2667108 129837 TOM SANDMAN CFO/SECRETARY/TREASURER 0.50 40.00 X X 0 408993 63998 JOE O'NEIL CHAIR 0.50 0.00 X X 0 0 0 DAVID HERNANDEZ VP CERTIFICATION & EDUCATION/DIRECTOR 0.50 40.00 X 0 401607 72050 CHARLENE GUNTER SR. DIRECTOR OF EDUCATION 40.00 0.00 X 173604 0 44185 173604 3477708 310070 1 0 1 0 0 22573 12550 35123 MEMBERSHIP DUES 900099 3924 3924 3924 39047 3924 0 0 13500 13500 58000 58000 217789 196010 21779 86683 78015 8668 6068 5461 607 12859 11573 1286 23815 21433 2382 373 373 531 478 53 8619 7757 862 3277 2949 328 SUBSCRIPTION 4935 4441 494 ELECTRONIC HARDWARE 2475 2227 248 FINANCIAL SERVICE FEES 1372 1235 137 PRINTING/SHIPPING 320 288 32 2080 1872 208 442696 405612 37084 0 519560 685763 287535 40135 70007 66628 877102 792526 2333226 2653703 4614 3210 2337840 2656913 X -1460738 -1864387 -1460738 -1864387 877102 792526 -403649 0 X 0 1 X 1 0 X X 1 IPC INTERNATIONAL INC 237091810 10 1 0 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 2: IPC EDUCATION FOUNDATION CONFIRMED THAT THE SUPPORTED ORGANIZATION, IPC INTERNATIONAL, INC., IS A 501(C)(6) TAX EXEMPT ORGANIZATION BY REVIEWING THEIR IRS DETERMINATION LETTER AND ALSO ANNUALLY COMPLETING A PRO FORMA SCHEDULE A, PART III TEST TO CONFIRM THAT IPC SATISFIES THE PUBLIC SUPPORT TESTS UNDER SECTION 509(A)(2). PART IV, SECTION A, LINE 3B: IPC EDUCATION FOUNDATION CONFIRMED THAT THE SUPPORTED ORGANIZATION, IPC INTERNATIONAL, INC., IS A 501(C)(6) TAX EXEMPT ORGANIZATION BY REVIEWING THEIR IRS DETERMINATION LETTER AND ALSO ANNUALLY COMPLETING A PRO FORMA SCHEDULE A, PART III TEST TO CONFIRM THAT IPC SATISFIES THE PUBLIC SUPPORT TESTS UNDER SECTION 509(A)(2). PART IV, SECTION A, LINE 3C: THE ACTIVITIES OF IPC EDUCATION FOUNDATION ARE PERFORMED IN FURTHERANCE OF THEIR EXEMPT PURPOSE WHICH IS TO SUPPORT THE IMPROVEMENT AND DISSEMINATION OF KNOWLEDGE IN THE FIELD OF ELECTRONICS THROUGH EDUCATION AND TRAINING, DISTRIBUTE SCHOLARSHIPS AND GRANTS TO EMPOWER INDIVIDUALS TO PARTICIPATE AND COLLABORATE WITH PARTNERS TO HELP FOSTER AND PROMOTE EDUCATION AND TRAINING IN THE ELECTRONICS INDUSTRY. THESE ACTIVITIES ARE ALSO IN FURTHERANCE OF THEIR SUPPORTED ORGANIZATION IPC INTERNATIONAL, INC'S EXEMPT PURPOSE OF FURTHERING THE COMPETITIVE EXCELLENCE AND FINANCIAL SUCCESS OF ITS MEMBERS, WHO ARE PARTICIPANTS IN THE ELECTRONICS INDUSTRY. IPC EDUCATION FOUNDATION ENSURES THAT ALL SUPPORT PROVIDED TO IPC INTERNATIONAL, INC IS USED EXCLUSIVELY FOR CHARITABLE PURPOSES BY PEFORMING THESE ACTIVITIES AND FUNCTIONS ON BEHALF OF THEIR OWN MISSION WHICH IN TURN FURTHERS IPC INTERNATIONAL, INC'S MISSION, AS OPPOSED TO TRANSFERRING FUNDS TO THE SUPPORTED ORGANIZATION TO PERFORM THESE FUNCTIONS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 SCHOLARSHIPS 56 58000 SCHEDULE I, PART III: THE FOUNDATION'S BOARD OF DIRECTORS APPOINTS A SCHOLARSHIP SELECTION COMMITTE THAT USES OBJECTIVE, NONDISCRIMINATORY CRITERIA TO SELECT SCHOLARSHIP RECIPIENTS. THE FOUNDATION AWARDS SCHOLARSHIPS TO STUDENTS WHO DESIRE A CAREER IN THE FIELD OF ELECTRONICS AND EACH YEAR THE NUMBER OF TOTAL SCHOLARSHIPS AWARDED IS DEPENDENT ON TOTAL DONATIONS RECEIVED BY THE FOUNDATION. THE ANTICIPATED SIZE OF EACH SCHOLARSHIP IS EXPECTED TO BE APPROXIMATELY $1,000 PER STUDENT PER YEAR. 0 0 0 0 0 0 0 1 0 JOHN MITCHELL PRESIDENT 0 1116706 0 1528236 0 22166 0 37950 0 91887 0 2796945 0 0 DAVID HERNANDEZ VP CERTIFICATION & EDUCATION/DIRECTO 0 331607 0 70000 0 0 0 36468 0 35582 0 473657 0 0 TOM SANDMAN CFO/SECRETARY/TREASURER 0 338993 0 70000 0 0 0 37950 0 26048 0 472991 0 0 CHARLENE GUNTER SR. DIRECTOR OF EDUCATION 162604 0 11000 0 0 0 19096 0 25089 0 217789 0 0 0 PART I, LINE 3 COMPENSATION REVIEW PROCEDURES ARE PERFORMED BY RELATED ORGANIZATION, IPC INTERNATIONAL, INC. IPC UTILIZES AN INDEPENDENT COMPENSATION COMMITTEE TO DETERMINE THE CEO'S SALARY BASED ON COMPARABILITY DATA. THE COMMITTEE CONTEMPORANEOUSLY SUBSTANTIATES ITS DELIBERATION AND DECISION. PART I, LINE 7 AS INDICATED IN SCHEDULE J, PART II, THE FOUNDATION PAID THE SR. DIRECTOR OF EDUCATION A BONUS BASED ON PERFORMANCE. THIS BONUS WAS APPROVED BY THE CEO. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE CORPORATION SHALL BE IPC INTERNATIONAL, INC. OR ANY SUCCESSOR CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER SHALL HAVE THE RIGHT TO VOTE ON THOSE MATTERS GRANTED TO MEMBERS BY THE ILLINOIS NOT FOR PROFIT CORPORATION ACT, AS WELL AS ANY MATTERS SPECIFIED IN THE BYLAWS, SPECIFICALLY INCLUDING THE FOLLOWING: A. THE ELECTION AND REMOVAL OF ALL DIRECTORS ON THE BOARD OF DIRECTORS; B. THE ELECTION AND REMOVAL OF ALL OFFICERS OF THE CORPORATION; C. THE ADOPTION, AMENDMENT AND/OR REPEAL OF ANY PROVISION OF THE ARTICLES OF INCORPORATION AND THESE BYLAWS; D. AT ITS OPTION, THE ADOPTION OR RATIFICATION OF THE CORPORATIONS'S CAPITAL BUDGET, OPERATING BUGGET, MISSION STATEMENT, AND STRATEGIC PLAN. FORM 990, PART VI, SECTION A, LINE 7B SEE LINE 7A FORM 990, PART VI, SECTION B, LINE 11B THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. MANAGEMENT REVIEWS THE COMPLETED FORM 990 AND PROVIDES A FULL COPY TO ALL VOTING MEMBERS OF THE GOVERNING BODY PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C IPC IS RESPONSIBLE FOR CATALOGING ALL CONFLICTS OF INTEREST. THE CONFLICT OF INTEREST QUESTIONAIRE AND POLICY IS DISTRIBUTED ANNUALLY. DIRECTORS ARE REQUESTED TO REPORT ANY CONFLICTS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW PROCEDURES ARE PERFORMED BY RELATED ORGANIZATION, IPC INTERNATIONAL, INC. (IPC). IPC UTILIZES AN INDEPENDENT COMPENSATION COMMITTEE OF THE BOARD TO DETERMINE THE CEO'S SALARY USING COMPARABILITY DATA COMPRISED BY AN INDEPENDENT THIRD PARTY, WHO IS CONTRACTED ANNUALLY TO CONDUCT AN EXECUTIVE COMPENSATION STUDY FOR THIS PURPOSE. THE COMPENSATION COMMITTEE SUBSTANTIATES ITS DELIBERATION AND DECISION. THE SAME PROCESS IS FOLLOWED FOR OTHER OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE THROUGH APPLICABLE GOVERNMENTAL AGENCIES; THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION. FORM 990, PART VII, SECTION A: COMPENSATION REPORTED FOR THE SR. DIRECTOR OF EDUCATION PROGRAMS, CHARLENE GUNTER, HAS BEEN PAID BY A RELATED ORGANIZATION AND COMMON PAYMASTER, IPC INTERNATIONAL, INC. EIN# 23-7091810. SINCE ALL SERVICES PERFORMED BY THIS INDIVIDUAL WERE FOR IPC EDUCATION FOUNDATION, THE COMPENSATION HAS BEEN REPORTED IN COLUMN D AS IF PAID BY THE ORGANIZATION. IPC INTERNATIONAL, INC. HAS COMPLIED WITH PAYROLL FILING REQUIREMENTS. IPC INTERNATIONAL INC 3000 LAKESIDE DRIVE SUITE 105N BANNOCKBURN IL 60015 237091810 TRAINING/EDUCATION IL 501(C)(6) 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 IPC INTERNATIONAL INC C 22573 COST