2025-11-16T19:06:30-06:00 2024-12-31 946214841 ARMANINO ADVISORY LLC 1520 S FIFTH STREET SUITE 309 ST CHARLES MO 63303 990 2024-01-01 751714221 PROMOTIONAL PRODUCTS EDUCATION FOUNDATION PROM 9722583085 3125 SKYWAY CIRCLE NORTH IRVING TX 75038 ANDREW HOLMGREEN PRESIDENT & CEO, PPAI 9722583085 2025-11-15 1 1 JENNIFER M VACHA P01251998 6362553000 2025-11-15 2024 2025-03-06 01:10:19Z ANDREW HOLMGREEN 3125 SKYWAY CIRCLE NORTH IRVING TX 75038 1060707 0 X WWW.PPEF.US X 1980 DC FOSTER EDUCATION OF PROMOTIONAL PRODUCTS BY PROVIDING SCHOLARSHIPS FOR STUDENTS AND SUPPORT TO EDUCATIONAL INSTITUTIONS 16 16 0 40 0 0 113624 278619 0 0 -29031 97385 59886 -18676 144479 357328 320500 320250 0 0 0 0 0 0 537 72028 70816 392528 391066 -248049 -33738 2105796 2174194 3532 79725 2102264 2094469 TO FOSTER EDUCATION IN THE FIELD OF PROMOTIONAL PRODUCTS BY PROVIDING SCHOLARSHIP AID FOR STUDENTS & SUPPORT TO EDUCATIONAL INSTITUTIONS, DISSEMINATING EDUCATIONAL INFORMATION, & UNDERTAKING EDUCATIONAL RESEARCH & STUDIES. 0 0 320250 320250 THE FOUNDATION GRANTS SCHOLARSHIPS TO DEPENDENTS OF PROMOTIONAL PRODUCTS INDUSTRY EMPLOYEES & TO COLLEGE STUDENTS WHO PLAN TO ENTER THE PROMOTIONAL PRODUCTS FIELD. SINCE 1989, PPEF HAS AWARDED $4,003,500 IN COLLEGE SCHOLARSHIPS TO 2,138 STUDENTS. IN 2024, SCHOLARSHIPS WERE AWARDED TO 138 NEW AND 32 RENEWAL RECIPIENTS. THE FOUNDATION PROVIDES INTERNSHIP PROGRAMS FOR STUDENTS & PROFESSIONAL GRANTS FOR INDUSTRY PRACTITIONERS. 320250 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 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 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X ANDREW HOLMGREEN 9722583085 3125 SKYWAY CIRCLE NORTH IRVING TX 75038 X REBECCA HEINEN CHAIR 0.50 X X 0 0 0 JANET MCMASTER MAS IMMEDIATE PAST CHAIR 0.50 X X 0 0 0 NATASHA BEARD CHAIR-ELECT 0.50 X X 0 0 0 BRUCE BARNET VC FINANCE 0.50 X X 0 0 0 MICHELLE DALTON VC SCHOLARSHIPS (THRU 10/24) 0.50 X X 0 0 0 NICK LATEUR VC FUNDRAISING 0.50 X X 0 0 0 BILL PETRIE VC MARKETING 0.50 X X 0 0 0 DALE DENHAM SECRETARY/TREASURER (THRU 07/24) 2.00 X X 0 0 0 DAWN OLDS SECRETARY/TREASURER (AS OF 07/24) 2.00 X X 0 0 0 KARIE COWDEN PPAI BOARD REPRESENTATIVE 0.50 X 0 0 0 ERIN REILLY PPAI BOARD REPRESENTATIVE 0.50 X 0 0 0 KEVIN WALSH PPAI BOARD REPRESENTATIVE 0.50 X 0 0 0 MATT BERTRAM TRUSTEE (THRU 01/24) 0.50 X 0 0 0 QUINCY EDWARDS TRUSTEE 0.50 X 0 0 0 DARRYLL GRIFFIN TRUSTEE (THRU 01/24) 0.50 X 0 0 0 KIRBY HASSEMAN TRUSTEE (THRU 07/24) 0.50 X 0 0 0 LISA HUBBARD TRUSTEE 0.50 X 0 0 0 SAMANTHA KATES TRUSTEE 0.50 X 0 0 0 STEPHEN MCFADDEN CAS TRUSTEE 0.50 X 0 0 0 JAMIE WATSON TRUSTEE 0.50 X 0 0 0 RONI WRIGHT TRUSTEE (THRU 01/24) 0.50 X 0 0 0 D'ANNA ZIMMER CAS TRUSTEE 0.50 X 0 0 0 0 0 0 0 0 0 0 0 70963 207656 278619 51555 51555 705033 659203 45830 45830 45830 25500 70963 44176 -18676 -18676 357328 0 0 78709 320250 320250 19801 19801 15747 15747 16024 16024 8400 8400 2469 2469 5931 5931 1907 1907 DONOR RECOGNITION 537 537 391066 320250 70279 537 180115 163514 28374 0 24349 1925681 1957957 2105796 2174194 0 73365 3532 6360 3532 79725 X 1888551 1864265 213713 230204 2102264 2094469 2105796 2174194 -33738 80543 -54600 0 X 0 1 X 1 0 X 91299 262605 193706 113624 278619 939853 91299 262605 193706 113624 278619 939853 58295 881558 100133 142289 43012 50301 51555 387290 49144 3075 42612 59886 0 154717 165 165 1482025 0.59480 0.54890 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2021 AMOUNT: $ 165. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 213713 28100 18427 30036 230204 198078 17720 2085 213713 224081 -23876 2127 198078 204889 21593 2401 224081 186840 19957 1908 204889 0.00000 0.53979 0.46021 0 0 0 DUE TO RELATED PARTY 6360 6360 X 557047 80543 75000 44176 199719 357328 0 357328 510242 75000 44176 119176 391066 0 391066 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF AN INDIVIDUAL FUND ESTABLISHED FOR SCHOLARSHIPS. PART X, LINE 2: THE FOUNDATION IS A NON-PROFIT ORGANIZATION AND IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE STATEMENTS OF SUPPORT, REVENUE, AND EXPENSES (MODIFIED CASH BASIS) RELATED TO TAXES. THE FOUNDATION IS STILL OPEN TO EXAMINATION BY TAXING AUTHORITIES FROM 2020 FORWARD. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 44,176. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 44,176. GOLF TOURNAMENT 96463 70963 25500 22500 20358 1318 96463 70963 25500 22500 20358 1318 44176 -18676 1 0 0 SCHOLARSHIP GRANTS 170 320250 PART I, LINE 2: ON AN ANNUAL BASIS, PPEF PROVIDES SCHOLARSHIPS TO DESERVING AND EXEMPLARY COLLEGE-BOUND HIGH SCHOOL SENIORS AND CONTINUING COLLEGE STUDENTS ACROSS NORTH AMERICA WHO ARE EMPLOYED, OR WHOSE PARENTS ARE EMPLOYED, IN THE PROMOTIONAL PRODUCTS INDUSTRY. STUDENTS ARE REQUIRED TO COMPLETE AN APPLICATION, SUBMIT A TRANSCRIPT, AND RESPOND TO A SERIES OF QUESTIONS. IF A STUDENT IS APPLYING FOR A NEED-BASED SCHOLARSHIP, IT IS REQUIRED THAT THE STUDENT SUBMITS THEIR STUDENT AID REPORT FROM FAFSA. SCHOLARSHIPS ARE AWARDED BASED ON MERIT OR NEED. ONCE RECIPIENTS ARE NOTIFIED, THEY MUST ACCEPT THE AWARD AND SUBMIT PROOF OF ENROLLMENT. PAYMENT IS SENT DIRECTLY TO THE SCHOOL. FORM 990, PART VI, SECTION A, LINE 4 DURING THE YEAR, THE ORGANIZATION AMENDED ITS BYLAWS TO REFLECT GOVERNANCE UPDATES. SPECIFICALLY, THE TOTAL NUMBER OF TRUSTEES WAS REDUCED FROM EIGHTEEN (18) TO TWELVE (12), AND THE RESPONSIBILITIES OF THE VICE CHAIR OF SCHOLARSHIPS WERE CONSOLIDATED WITH THOSE OF THE CHAIR-ELECT POSITION. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION PROVIDES THE COMPLETED FORM 990 TO ITS BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION OBTAINS AN ANNUAL AFFIRMATION OR DISCLOSURE FROM EACH BOARD MEMBER AND REQUIRES ALL NEW BOARD MEMBERS TO AFFIRM OR DISCLOSE ANY CONFLICTS AT THE TIME THEY JOIN. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE AT ITS OFFICE AND UPON REQUEST.