2025-04-11T09:04:48-05:00 2024-12-31 593204548 JAMES MOORE & CO PL 5931 NW 1ST PL GAINESVILLE FL 326072063 990 2024-01-01 300759665 AGRICULTURE SCHOLARSHIP CENTRE FOR BASIS TRADING EDUCATION INC AGRI 7724854042 2336 SE OCEAN BLVD 217 STUART FL 349963310 PHIL LUCE PRESIDENT/CHAIR 7724854042 2025-04-08 1 1 CORINNE LAROCHE P01500189 3523781331 2025-04-08 2024 2025-03-06 01:10:19Z PHIL LUCE 2336 SE OCEAN BLVD 217 STUART FL 349963310 158433 0 X WWW.ASCAPPLY.ORG X 2012 FL TO INSTRUCT AND TRAIN THE PUBLIC ABOUT AGRICULTURE FINANCE AND ECONOMICS. 6 6 2 14 0 0 6250 6600 0 0 151660 151833 0 0 157910 158433 155746 211344 0 0 177623 177623 0 0 9211 37450 46018 370819 434985 -212909 -276552 3273944 2986978 30668 20254 3243276 2966724 TO INSTRUCT AND TRAIN THE PUBLIC ABOUT AGRICULTURE FINANCE AND ECONOMICS, INCLUDING THE USE OF GRAIN FUTURES AND BASIS TRADING. 0 0 214759 170000 0 COLLEGE PROGRAM: PROVIDING SCHOLARSHIPS FOR STUDENTS TO ATTEND TRADE SCHOOL, COMMUNITY COLLEGES, AND COLLEGE AND UNIVERSITY COURSES FOR AGRICULTURAL FINANCIAL AND ECONOMIC EDUCATION, INCLUDING THE STUDY OF THE AGRICULTURAL USE OF GRAIN FUTURES AND BASIS TRADING. 172018 41344 0 MERCHANDISING SKILL BUILDING PROGRAM: IMPLEMENTING A GRAIN MERCHANDISING SKILL BUILDING PROGRAM TO TRAIN, MENTOR, AND IMPROVE SKILLS AMONGST THOSE SEEKING CAREERS IN THE GRAIN MERCHANDISING BUSINESS. 386777 1 0 0 0 0 0 0 0 0 0 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 0 0 0 1 0 0 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 FL AR KS X THE ORGANIZATION 7724854042 2336 SE OCEAN BLVD 217 STUART FL 349963310 JOHN J WERNER DIRECTOR 1.00 X 0 0 0 SHERRY LORTON SECRETARY/TREASURER 1.00 X X 0 0 0 PHIL LUCE PRESIDENT/CHAIR 7.50 X X 0 0 0 RON MILLER DIRECTOR 1.00 X 0 0 0 DARRELL FREDERICKSON DIRECTOR 1.00 X 0 0 0 PETER G RUFENACHT DIRECTOR 1.00 X 0 0 0 JANICE FENNIMAN EXECUTIVE DIRECTOR 30.00 X 75000 0 0 75000 0 0 0 0 0 0 0 6600 6600 151833 151833 158433 0 0 151833 211344 211344 75000 42375 27000 5625 90000 90000 12623 10127 2066 430 8500 4250 2125 2125 1332 1332 7889 1240 5676 973 564 210 354 14700 14642 58 5928 5928 7105 5329 1776 434985 386777 38997 9211 31253 94454 259821 399731 22750 20750 2960120 2472043 3273944 2986978 13168 7754 17500 12500 30668 20254 X 3220526 2945974 22750 20750 3243276 2966724 3273944 2986978 -276552 0 X 1 X 0 0 0 X 7244 2789 3114 6250 6600 25997 7244 2789 3114 6250 6600 25997 25997 38815 2640 25260 151660 151833 370208 396205 0.06560 0.20980 X 0.20980 0.78690 AGRICULTURE SCHOLARSHIP CENTRE FOR BASIS TRADING EDUCATION, INC. (ASC) QUALIFIES AS A PUBLICLY SUPPORTED ORGANIZATION UNDER THE FACTS AND CIRCUMSTANCES TEST AS PRESENTED IN REG. SECTION 1.170A-9(F)(3). THE ORGANIZATION NORMALLY MEETS THE PUBLIC SUPPORT TEST AND HAS PUBLIC SUPPORT OF OF OVER 10% IN 2023 AS SHOWN BY SCHEDULE A, PART II.THE ORGANIZATION HAS BONA FIDE CONTINUOUS PUBLIC SOLICITATIONS PROGRAMS IN THE FORM OF DONATION REQUESTS AND GRANTS. ASC IS CURRENTLY PURSUING ADDITIONAL DONATIONS FROM THE GENERAL PUBLIC AS WELL AS INCREASING ITS OUTREACH EFFORTS TO LOCAL BUSINESSES.THE ASC WAS FOUNDED IN 2012 TO SPREAD PRACTICAL GRAIN TRADING SKILLS, SPECIFICALLY "BASIS TRADING" EDUCATION, TO A WIDER SECTION OF THE AG SECTOR. BASIS TRADING IS THE WAY SUCCESSFUL GRAIN COMPANIES MOVE GRAIN FROM WHERE IT IS ORIGINATED TO WHERE IT IS NEEDED. IT IS A SIMPLE PROCESS THAT IF DONE SUCCESSFULLY CAN TRANSFORM A GRAIN HANDLING FACILITY INTO AN ORGANIZATION PROVIDING NEEDED SERVICES TO GRAIN PRODUCERS AS WELL AS END USERS.IN ADDITION, ASC'S MERCHANDISING SKILL BUILDING PROGRAM (MSBP) EXISTS TO DEVELOP GRAIN MERCHANDISING SKILLS IN INDIVIDUALS SEEKING A CAREER IN AGRICULTURE. WE TEACH MERCHANDISING FROM A COMMERCIAL GRAIN ELEVATOR PERSPECTIVE USING GENERALLY ACCEPTED GRAIN INDUSTRY PRACTICES.OUR AIM IS TO DEVELOP SKILLED MERCHANDISERS, GRAIN ORIGINATORS, AND SUPPORT PERSONNEL WHO HAVE FUNCTIONAL KNOWLEDGE IN A BROAD RANGE OF THE BUSINESS SIDE OF THE DAILY OPERATIONS OF A GRAIN BUSINESS. THIS INCLUDES ACTIVITIES SUCH AS BUYING AND SELLING BASIS, MANAGING SPREADS, KEEPING A BALANCED POSITION, MARK TO MARKET ACCOUNTING, GRAIN ORIGINATION AND OVERALL MANAGEMENT.WE WANT TO DEVELOP PEOPLE THAT WILL BE ABLE TO INCREASE A COMPANY'S SPHERE OF INFLUENCE.THE PROGRAM WILL EXPOSE THE TRAINEES TO THE CORE PRINCIPLES THAT MAKE GRAIN BUSINESSES SUCCESSFUL. OUR METHODOLOGY WILL INCLUDE WORKSHOP INSTRUCTION, ONLINE CLASSES, FACILITY TOURS, AND ONSITE MENTORING AT GRAIN ELEVATORS. 1 COLLEGE SCHOLARSHIPS - TUITION 43 170000 MERCHANDISING SKILL BUILDING PROGRAM 25 41344 PART I, LINE 2: COLLEGE SCHOLARSHIPS GIVEN ARE PAID DIRECTLY TO THE UNIVERSITY OR INSTITUTION OF CHOICE. THE RECIPIENTS DO NOT PHYSICALLY RECEIVE ANY FUNDS. THE MERCHANDISING SKILL BUILDING SCHOLARSHIPS ARE PAID FOR LODGING AND MEAL EXPENSES RELATED TO THE PROGRAM, AND ARE NOT DIRECTLY PAID TO THE RECIPIENTS. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL POSSESS AND MAY EXERCISE ALL THE POWERS OF THE BOARD OF DIRECTORS WHILE THE BOARD IS NOT IN SESSION EXCEPT AUTHORITY: (I) WHICH HAS BEEN DELEGATED TO ANOTHER COMMITTEE IN ACCORDANCE WITH THESE BYLAWS:(II) TO REMOVE OR ELECT ANY DIRECTOR, RATIFY THE REMOVAL OR ELECTION OF ANY DIRECTOR OR TO ELECT OR REMOVE ANY MEMBER OF THE EXECUTIVE COMMITTEE OR ANY PRINCIPAL OFFICER; (III) TO CHANGE THE NUMBER OR MEMBERS OF THE EXECUTIVE COMMITTEE; (IV) TO AMEND OR TO SUSPEND THE BYLAWS; (V) TO ALTER OR AMEND THE ARTICLES OF INCORPORATION; OR (VI) TO TAKE ANY ACTION WHICH THE BOARD OF DIRECTORS MAY SPECIFICALLY RESERVE TO ITSELF OR AS MAY BE RESERVED IN THE ARTICLES OF INCORPORATION. FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS PHIL LUCE, SHERRY LORTON, AND JOHN WERNER ARE ALL EMPLOYED BY WHITE COMMERCIAL CORPORATION. PHIL LUCE IS THE CEO OF THAT ORGANIZATION AND HAS THE AUTHORITY TO EMPLOY THE OTHERS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD OF DIRECTORS DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THEY HAVE RECEIVED A COPY OF THE POLICY, READ AND UNDERSTANDS THE POLICY, AGREES TO COMPLY WITH THE POLICY, AND UNDERSTANDS ASC IS CHARITABLE AND IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ITS TAX-EXEMPT PURPOSE. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS WILL OBTAIN RESEARCH AND INFORMATION TO MAKE A RECOMMENDATION TO THE FULL BOARD FOR THE COMPENSATION OF THE EXECTUIVE DIRECTOR AND OTHER HIGHTLY COMPENSATED EMPLOYEES BASED ON A REVIEW OF COMPARABLE DATA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.