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Nonprofit · EIN 75-1714221

PROMOTIONAL PRODUCTS EDUCATION FOUNDATION

Tax-exempt · IRVING, TX 75038

Financials

$144K$393K2023$357K$391K2024
Revenue Expenses · by fiscal year end
Financials of PROMOTIONAL PRODUCTS EDUCATION FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$357,328$391,066-$33,738$2,174,194$79,725$2,094,469
December 31, 2023990$144,479$392,528-$248,049$2,105,796$3,532$2,102,264
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$278,619
Program service revenue
$0
Investment income
$97,385
Net gain from sales of assets
$45,830
Net income from fundraising events
-$18,676
Other revenue
-$18,676

Expenses

Grants and similar amounts paid
$320,250
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$19,801
Travel
$2,469
Program services (functional)
$320,250
Management and general (functional)
$70,279
Fundraising (functional)
$537

Balance sheet and other

Total assets, start of year
$2,105,796
Total assets, end of year
$2,174,194
Total liabilities, end of year
$79,725
Net assets, end of year
$2,094,469
Publicly traded securities
$1,957,957
Net assets without donor restrictions
$1,864,265
Net assets with donor restrictions
$230,204
Gross receipts
$1,060,707
Employees
0
Volunteers
40
Year formed
1980
State of legal domicile
DC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
REBECCA HEINENCHAIR
Trustee or director, Officer
0.5$0
JANET MCMASTER MASIMMEDIATE PAST CHAIR
Trustee or director, Officer
0.5$0
NATASHA BEARDCHAIR-ELECT
Trustee or director, Officer
0.5$0
BRUCE BARNETVC FINANCE
Trustee or director, Officer
0.5$0
MICHELLE DALTONVC SCHOLARSHIPS (THRU 10/24)
Trustee or director, Officer
0.5$0
NICK LATEURVC FUNDRAISING
Trustee or director, Officer
0.5$0
BILL PETRIEVC MARKETING
Trustee or director, Officer
0.5$0
DALE DENHAMSECRETARY/TREASURER (THRU 07/24)
Trustee or director, Officer
2$0
DAWN OLDSSECRETARY/TREASURER (AS OF 07/24)
Trustee or director, Officer
2$0
KARIE COWDENPPAI BOARD REPRESENTATIVE
Trustee or director
0.5$0
ERIN REILLYPPAI BOARD REPRESENTATIVE
Trustee or director
0.5$0
KEVIN WALSHPPAI BOARD REPRESENTATIVE
Trustee or director
0.5$0
MATT BERTRAMTRUSTEE (THRU 01/24)
Trustee or director
0.5$0
QUINCY EDWARDSTRUSTEE
Trustee or director
0.5$0
DARRYLL GRIFFINTRUSTEE (THRU 01/24)
Trustee or director
0.5$0
7 more people on this return
NameTitleHours / weekCompensation
KIRBY HASSEMANTRUSTEE (THRU 07/24)
Trustee or director
0.5$0
LISA HUBBARDTRUSTEE
Trustee or director
0.5$0
SAMANTHA KATESTRUSTEE
Trustee or director
0.5$0
STEPHEN MCFADDEN CASTRUSTEE
Trustee or director
0.5$0
JAMIE WATSONTRUSTEE
Trustee or director
0.5$0
RONI WRIGHTTRUSTEE (THRU 01/24)
Trustee or director
0.5$0
D'ANNA ZIMMER CASTRUSTEE
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 19 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Dale DenhamPPAI PRESIDENT/CEO
Officer
2$0$325,270$26,317
Janet McMaster MASVC Finance
Trustee or director
2$0$0$0
Bruce BarnetVC Finance
Trustee or director
2$0$0$0
Becki HeinenChair
Trustee or director
2$0$0$0
Nick LateurVC Fundraising
Trustee or director
2$0$0$0
Stephen McFadden CASTrustee
Trustee or director
2$0$0$0
D'Anna Zimmer CASTrustee
Trustee or director
2$0$0$0
Michelle DaltonVC Scholarships
Trustee or director
2$0$0$0
Kirby HassemanTrustee
Trustee or director
2$0$0$0
Bill PetrieVC Marketing
Trustee or director
2$0$0$0
Samantha KatesTrustee
Trustee or director
2$0$0$0
Natasha BeardIC
Trustee or director
2$0$0$0
Quincy EdwardsTrustee
Trustee or director
2$0$0$0
Lisa HubbardTrustee
Trustee or director
2$0$0$0
Jamie WatsonTrustee
Trustee or director
2$0$0$0
Kevin WalshPPAI Board Rep
Trustee or director
2$0$0$0
Dawn OldsSecretary/Treasurer
Trustee or director
2$0$0$0
Erin ReillyPPAI board rep
Trustee or director
2$0$0$0
Karie CowdenPPAI board rep
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
3125 SKYWAY CIR N, IRVING, TX 75038-3526
In care of
% DALE DENHAM
Principal officer (990 for 2024)
ANDREW HOLMGREEN, 3125 SKYWAY CIRCLE NORTH, IRVING, TX 75038
Signed the 990
ANDREW HOLMGREEN, PRESIDENT & CEO, PPAI
Phone
(972) 258-3085
Return prepared by
ARMANINO ADVISORY LLC

Mission

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.

990 for the year ended December 31, 2024

Program accomplishments

  • 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.
    Expenses $320,250 · grants $320,250
  • THE FOUNDATION PROVIDES INTERNSHIP PROGRAMS FOR STUDENTS & PROFESSIONAL GRANTS FOR INDUSTRY PRACTITIONERS.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
75-1714221
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1980
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,174,194
Income (IRS master file)
$1,060,707

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$357,328$391,066$2,174,194XML
990December 2023$144,479$392,528$2,105,796XML
990December 2022$368,813$355,572$2,106,335IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 75-1714221).

Questions about PROMOTIONAL PRODUCTS EDUCATION FOUNDATION

What is the EIN of PROMOTIONAL PRODUCTS EDUCATION FOUNDATION?
The employer identification number (EIN) of PROMOTIONAL PRODUCTS EDUCATION FOUNDATION is 75-1714221.
Is PROMOTIONAL PRODUCTS EDUCATION FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
Are donations to PROMOTIONAL PRODUCTS EDUCATION FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PROMOTIONAL PRODUCTS EDUCATION FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PROMOTIONAL PRODUCTS EDUCATION FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PROMOTIONAL PRODUCTS EDUCATION FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of PROMOTIONAL PRODUCTS EDUCATION FOUNDATION?
The 990 for the year ended December 31, 2024 names ANDREW HOLMGREEN.
Who are the officers and directors of PROMOTIONAL PRODUCTS EDUCATION FOUNDATION?
The 990 for the year ended December 31, 2024 lists 22 people; 0 received compensation from the organization.
How much revenue does PROMOTIONAL PRODUCTS EDUCATION FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $357,328, expenses of $391,066 and total assets of $2,174,194 at year end.

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