2025-04-09T11:57:20-05:00 2024-12-31 541487262 MATTHEWS CARTER & BOYCE PC 12500 FAIR LAKES CIRCLE SUITE 260 FAIRFAX VA 22033 990 2024-01-01 521673101 AFSA EDUCATION FOUNDATION AFSA 2024668611 1750 H STREET NW 650 WASHINGTON DC 20006 RHONDA ASHBURN EXECUTIVE DIRECTOR 2024668611 2025-04-09 1 0 CHARLES R DEPPE P01300682 7032183600 2024 2025-03-06 01:10:19Z RHONDA ASHBURN 1750 H STREET NW 650 WASHINGTON DC 20006 1311398 0 X WWW.AFSAEF.ORG X 1990 DC THE MISSION OF AMERICAN FINANCIAL SERVICES ASSOCIATION EDUCATION FOUNDATION (AFSAEF) IS TO EDUCATE CONSUMERS OF ALL AGES ON PERSONAL FINANCE CONCEPTS AND HELP THEM REALIZE THE BENEFITS OF RESPONSIBLE MONEY MANAGEMENT WHILE GAINING A BETTER UNDERSTANDING OF THE CREDIT PROCESS. 21 21 0 0 0 0 332388 391839 590660 550865 462870 368694 0 0 1385918 1311398 0 0 0 0 155971 165052 0 0 0 756887 685534 912858 850586 473060 460812 9715663 11006431 44973 33581 9670690 10972850 X TO PROMOTE AWARENESS OF PERSONAL MONEY MANAGEMENT SKILLS AND KNOWLEDGE THAT WILL HELP CONSUMERS REALIZE THE BENEFITS OF RESPONSIBLE MONEY MANAGEMENT AND THE CREDIT PROCESS, AND BY PROVIDING PERSONAL FINANCE CURRICULA TO EDUCATE STUDENTS IN MIDDLE SCHOOL, HIGH SCHOOL AND COLLEGE. 0 0 522573 550865 MANAGEMENT DEVELOPMENT PROGRAMS - THE AFSA EDUCATION FOUNDATION LEADERSHIP DEVELOPMENT PROGRAM WAS HELD AT THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL WITH 31 PARTICIPANTS FROM 12 FINANCIAL SERVICES COMPANIES. SESSIONS FOCUSED ON LEADERSHIP & MANAGEMENT SELF-AWARENESS, STRATEGIC THINKING & EXECUTION, INCLUSIVE LEADERSHIP, LEADING & MANAGING CHANGE, COMMUNICATING FOR IMPACT: STORYTELLING & MULTIDIRECTIONAL COMMUNICATIONS, TEAM BUILDING, & INDUSTRY UPDATES. THE EDGE (EDUCATION, DEVELOPMENT, GROWTH, & ENRICHMENT) PROGRAM WAS HELD AT MERCER UNIVERSITY IN ATLANTA WITH 89 PARTICIPANTS FROM 14 FINANCIAL SERVICES COMPANIES. THE INDUSTRY'S TOP EXECUTIVES & SUBJECT MATTER EXPERTS TAUGHT 21 DIFFERENT SESSIONS WITH TOPICS RANGING FROM LEADERSHIP TO TIME MANAGEMENT. A CULMINATING ACTIVITY INCLUDED C-SUITE PANELISTS SHARING THEIR PATHS TO SUCCESS. 212469 MONEYSKILL -AAN ONLINE PERSONAL FINANCE COURSE WITH 37 MODULES IN ENGLISH & SPANISH, EDUCATES STUDENTS ON MONEY-MANAGEMENT FUNDAMENTALS & IS AVAILABLE TO EDUCATORS AT NO COST. THE CURRICULUM INCLUDES CONTENT AREAS OF INCOME, EXPENSES, SAVINGS & INVESTMENT, CREDIT & INSURANCE, & MORE. THE CURRICULUM IS DESIGNED TO BE PART OF A PERSONAL FINANCE COURSE FOR MIDDLE SCHOOL, HIGH SCHOOL, COLLEGE, & BEYOND. AFSA EDUCATION FOUNDATION CONDUCTED OUTREACH WITH ENGAGEMENT, PROMOTION, & TEACHER TRAINING AT OVER AT 20 CONFERENCES/WEBINARS & THROUGH SOCIAL MEDIA & DIGITAL CAMPAIGNS RECEIVING OVER 2.5 MILLION IMPRESSIONS AND OVER 40,000 NEW USER ENROLLMENTS IN THE PROGRAM. 67956 67956 735042 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 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 0 0 1 6 0 1 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X THE ORGANIZATION 2024668611 1750 H STREET NW 650 WASHINGTON DC 20006 JONATHON L LEVIN DIRECTOR 0.50 X 0 0 0 ANN BYBEE DIRECTOR 0.50 X 0 0 0 SHUNDA ROBINSON DIRECTOR 0.50 X 0 0 0 VIRGINIA C HERRING SECRETARY/TREASURER 0.50 X X 0 0 0 JOSH C JOHNSON DIRECTOR 0.50 X 0 0 0 MARTIN E LESS DIRECTOR 0.50 X 0 0 0 MARY MCDOWELL DIRECTOR 0.50 X 0 0 0 SHANNON MOKHIBER DIRECTOR 0.50 X 0 0 0 RICHARD H PARKER JR DIRECTOR 0.50 X 0 0 0 BILL HIMPLER DIRECTOR 0.50 37.50 X 0 0 0 KATHY RUBLE VICE-CHAIR 0.50 X X 0 0 0 JAMES SCHNEIDER CHAIR 0.50 X X 0 0 0 JOHN SHORT DIRECTOR 0.50 X 0 0 0 ROBERT TROJAN DIRECTOR 0.50 X 0 0 0 MARGUERITE WATANABE DIRECTOR 0.50 X 0 0 0 ELIZABETH WEBB DIRECTOR 0.50 X 0 0 0 SALVADOR CALVIO DIRECTOR 0.50 X 0 0 0 ROCHELLE MCCLANAHAN DIRECTOR 0.50 X 0 0 0 ANDRE MEDEIROS DIRECTOR 0.50 X 0 0 0 PETAR VUCUREVIC DIRECTOR 0.50 X 0 0 0 BRAD NOEL DIRECTOR 0.50 X 0 0 0 RHONDA K ASHBURN EXECUTIVE DIRECTOR 37.50 X 0 207017 37704 OLIVIA DIBIASE DIR. OF FINANCIAL EDUCATIO 37.50 X 112026 0 46561 112026 207017 84265 1 0 1 1 0 391839 391839 PROFESSIONAL DEVELOPME 900099 278015 278015 EDGE REGISTRATIONS 900099 272250 272250 PUBLICATIONS 900099 600 600 550865 300738 300738 67956 0 67956 67956 67956 1311398 618821 0 300738 112026 111336 690 9168 9111 57 33259 33054 205 10599 10534 65 9335 9335 16675 16675 29741 29741 35106 35106 22713 10415 12298 20766 11327 9439 272315 250461 21854 5595 5560 35 EDUCATION & TRAINING 258038 258038 DUES & SUBSCRIPTIONS 15250 100 15150 850586 735042 115544 0 194848 304964 23800 2850 25 16942 205096 197149 13542 7947 9483448 10673728 9715663 11006431 10500 9926 1500 5000 32973 18655 44973 33581 X 2393652 2798545 7277038 8174305 9670690 10972850 9715663 11006431 460812 841348 0 X 0 1 X 0 0 X 567805 249140 584405 332338 391839 2125527 567805 249140 584405 332338 391839 2125527 2125527 249370 434368 264843 223320 300737 1472638 3598165 2070365 0.59070 0.57610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6843666 0 977658 214007 7607617 5937577 7242 1065074 166207 6843666 7502433 10133 -1370976 204013 5937577 6974663 10088 848342 330660 7502433 6334812 4890 816730 181769 6974663 0.66000 0.34000 0 0 205096 197149 7947 7947 DUE TO AFSA 18655 18655 X 2485301 841347 362297 1203644 1281657 29741 29741 1311398 1183142 362297 362297 820845 29741 29741 850586 PART X, LINE 2: THE FOUNDATION HAS ANALYZED ITS TAX POSITIONS, AND HAS CONCLUDED THAT NO LIABILITY SHOULD BE RECORDED RELATED TO ANY UNCERTAIN TAX POSITIONS. THE FOUNDATION IS NOT AWARE OF ANY TAX POSITIONS WHICH IT BELIEVES WILL CHANGE MATERIALLY IN THE NEXT TWELVE MONTHS. IF THIS POSITION CHANGES, THE FOUNDATION WILL ASSESS THE IMPACT OF ANY SUCH MATTERS ON ITS FINANCIAL POSITION AND RESULTS OF OPERATIONS. PART V, LINE 4 THE FOUNDATION'S ENDOWMENT CONSISTS OF A TRADITIONAL DONOR-RESTRICTED ENDOWMENT FUND, THE PURPOSE OF WHICH IS TO SUPPORT OPERATIONS. THE CENTRAL OBJECTIVE OF THE FOUNDATION'S SPENDING POLICY IS TO PRESERVE THE PURCHASING POWER OF THE ASSETS WHILE SIMULTANEOUSLY PROVIDING PROGRAM SUPPORT AND KEEPING UP WITH INFLATION. IN NO EVENT WILL EXPENDITURE BE MADE IN SUCH A WAY AS TO DEPLETE THE ENDOWMENT FUND BELOW THE CONTRIBUTED CORPUS. EACH YEAR, THE SPENDING POLICY ALLOWS APPROPRIATIONS FROM THE ENDOWMENT FUND EQUAL TO NINETY PERCENT (90%) OF INTEREST AND DIVIDENDS. 0 0 0 0 0 0 0 0 0 RHONDA K ASHBURN EXECUTIVE DIRECTOR 0 165614 0 41403 0 0 11974 0 25730 0 37704 207017 0 0 OLIVIA DIBIASE DIR. OF FINANCIAL EDUCATIO 101842 0 10184 0 0 0 9167 0 37394 0 158587 0 0 0 PART I, LINE 3 AFSA, AN AFFILIATED ORGANIZATION, USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE FOUNDATION'S EXECUTIVE DIRECTOR: APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VII AND SCHEDULE J: COMPENSATION REPORTED ON AFSA EDUCATION FOUNDATION'S FORM 990 FOR RHONDA ASHBURN IS PROVIDED BY THE AMERICAN FINANCIAL SERVICES ASSOCIATION, AN AFFILIATED, BUT UNRELATED 501(C)(6) ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD RECEIVES A COMPLETE COPY OF THE FORM 990 AND THE EXECUTIVE DIRECTOR REVIEWS THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS MUST COMPLETE AND FILE A CONFLICT OF INTEREST FORM EACH YEAR. ANY POTENTIAL CONFLICTS ARE REVIEWED BY THE BOARD. AFFECTED BOARD MEMBERS ARE PROHIBITED FROM PARTICIPATING IN DISCUSSIONS OR VOTING ON ISSUES WHERE A CONFLICT MIGHT EXIST. FORM 990, PART VI, SECTION B, LINE 15 AMERICAN FINANCIAL SERVICES ASSOCIATION, AN AFFILIATED ENTITY, REVIEWS SUGGESTED COMPENSATION FOR THE AFSA FOUNDATION EXECUTIVE DIRECTOR, USING COMPARABILITY DATA WHERE AVAILABLE. THE AFSA FOUNDATION BOARD OF DIRECTORS HAS FINAL APPROVAL AUTHORITY OVER THE EXECUTIVE DIRECTOR'S COMPENSATION, BUT DOES NOT HAVE AN INTERNAL PROCESS TO DETERMINE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.