2024-11-14T10:09:01-06:00 2023-12-31 453048812 BESTEN & DIERUF PLLC 190 MARKET STREET LEXINGTON KY 40507 990EZ 2023-01-01 262603448 AVIATION INSURANCE ASSOCIATION EDUCATION FOUNDATION AVIA 8592193545 2365 HARRODSBURG ROAD A325 LEXINGTON KY 40504 MARY E GRATZER PMP EXECUTIVE DIRECTOR 8592193545 2024-10-31 1 1 ANDREW H DIERUF CPA P01239897 8592544427 2023 2024-10-15 13:58:12Z X WWW.AIAWEB.ORG/AIA-FOUNDATION.ASPX X X 10619 X 10619 10619 7614 750 285 8649 1970 57964 0 59934 X 61525 59934 730 0 62255 59934 4291 0 57964 59934 X TO RAISE FUNDS FOR EDUCATIONAL PROGRAMS, GRANTS AND SCHOLARSHIPS TO AID, ASSIST AND ENCOURAGING STUDENTS OR INDIVIDUALS TO CONTINUE THEIR INTEREST IN PURSUING AVIATION INSURANCE AS A CAREER. THE AIA EDUCATION FOUNDATION WAS ESTABLISHED IN 2008 ON BEHALF OF THE AVIATION INSURANCE ASSOCIATION TO RAISE FUNDS FOR EDUCATIONAL PROGRAMS, GRANTS AND SCHOLARSHIPS (AWARDED BY THE AIA BOARD OF DIRECTORS), TO AID, ASSIST AND ENCOURAGING STUDENTS OR INDIVIDUALS TO CONTINUE THEIR INTEREST IN PURSUING AVIATION INSURANCE AS A CAREER.THE AIA EDUCATION FOUNDATION PROVIDES UP TO FOUR (4) SCHOLARSHIPS EACH YEAR TO STUDENTS WHO ARE CURRENTLY ENROLLED IN AN ACCREDITED UNDERGRADUATE OR GRADUATE DEGREE PROGRAM AND WHO HAVE COMPLETED OR ARE COMPLETING AN INTERNSHIP PROGRAM WITHIN THE AVIATION INSURANCE INDUSTRY. THE SCHOLARSHIP WAS FORMED IN ORDER TO HELP HIM OR HER ALLEVIATE FINANCIAL STRAIN WHILE EXPANDING THEIR PROFESSIONAL KNOWLEDGE AND EDUCATION. 0 0 0 MARY D'ALAURO DIRECTOR 0.50 0 0 0 NANCY GRATZER DIRECTOR 0.50 0 0 0 GREG STERLING DIRECTOR 0.50 0 0 0 FRANK KIMMEL CHAIR AND DIRECTOR 1.00 0 0 0 LUKE UITHOVEN TREASURER AND DIRECTOR 1.00 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 KY THE ORGANIZATION 2365 HARRODSBURG ROAD A325 LEXINGTON KY 40504 8592193545 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X X 1 AVIATION INSURANCE ASSOCIATION 362976270 10 1 0 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 SCHEDULE A, PART IV, SECTION A, LINE 2 THE ORGANIZATION DETERMINED THAT THE SUPPORTED ORGANIZATION SATISFIED THE PUBLIC SUPPORT TEST UNDER SECTION 509(A)(2) THROUGH AN ANALYSIS OF THE SUPPORTED ORGANIZATION'S RECEIPTS. SCHEDULE A, PART IV, SECTION A, LINE 3B THE ORGANIZATION DETERMINES ANNUALLY DURING THE 990 PREPARATION PROCESS THAT THE SUPPORTED ORGANIZATION SATISFIED THE PUBLIC SUPPORT TEST UNDER SECTION 509(A)(2) THROUGH AN ANALYSIS OF THE SUPPORTED ORGANIZATION'S ACTIVITY, SIMILAR TO PREPARING A PROFORMA SCHEDULE A, PART III CALCULATION. THE ORGANIZATION ALSO RETAINS A COPY OF THE SUPPORTED ORGANIZATION'S DETERMINATION LETTER. SCHEDULE A, PART IV, SECTION A, LINE 3C THE SUPPORTING AND SUPPORTED ORGANIZATIONS HAVE COMMON MEMBERS OF THE GOVERNING BODY, OFFICERS, AND OTHER INDIVDUALS INVOLVED IN THE ACTIVITIES OF EACH ORGANIZATION. SUPPORT IS SIMULTANEOUSLY MONITORED BY BOTH ORGANIZATIONS. SCHEDULE A, PART IV, SECTION C FROM THE FOUNDATION'S BYLAWS: THE AVIATION INSURANCE ASSOCIATION, THROUGH ITS BOARD OF DIRECTORS, SHALL HAVE FULL VOTING RIGHTS TO ELECT AND REMOVE THE MEMBERS OF THE BOARD OF DIRECTORS, AND SHALL HAVE FULL VOTING RIGHTS TO AMEND THE ARTICLES OF INCORPORATION AND THESE BYLAWS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: CHLOE KEMP. METHOD USED TO DETERMINE BOOK VALUE: CASH. METHOD USED TO DETERMINE FMV: CASH. DATE OF GIFT: 09/26/23. AMOUNT GIVEN: 1,312. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: ASHTYN FINK. METHOD USED TO DETERMINE BOOK VALUE: CASH. METHOD USED TO DETERMINE FMV: CASH. DATE OF GIFT: 05/18/23. AMOUNT GIVEN: 2,500. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: ISABELL SIMMONS. METHOD USED TO DETERMINE BOOK VALUE: CASH. METHOD USED TO DETERMINE FMV: CASH. DATE OF GIFT: 05/18/23. AMOUNT GIVEN: 2,500. FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: MATTHEW SMITH. METHOD USED TO DETERMINE BOOK VALUE: CASH. METHOD USED TO DETERMINE FMV: CASH. DATE OF GIFT: 01/06/23. AMOUNT GIVEN: 1,302. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 7,614. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: TAX AND LICENSE. AMOUNT: 30. DESCRIPTION: BANK FEES. AMOUNT: 255. TOTAL TO FORM 990-EZ, LINE 16: 285. FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 730. END OF YEAR AMOUNT: 0. FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 4,291. END OF YEAR AMOUNT: 0. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.