2025-10-04T09:26:11-05:00 2024-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2024-01-01 521484469 ASPA ENDOWMENT ASPA 2023937878 1730 RHODE ISLAND AVENUE NW 500 WASHINGTON DC 20036 WILLIAM P SHIELDS JR ASPA EXECUTIVE DIRECTOR 2023937878 2025-10-04 1 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2024 2025-03-06 01:10:19Z WILLIAM P SHIELDS JR 1730 RHODE ISLAND AVENUE NW 500 WASHINGTON DC 20036 584602 0 X WWW.ASPANET.ORG X 1986 DC TO IMPROVE THE POLICIES, PROCESSES, PERSONNEL AND INSTITUTIONS OF PUBLIC ADMINISTRATION. 7 7 0 9 0 0 73305 11672 0 0 77386 20860 0 0 150691 32532 13110 23678 0 0 0 0 0 0 0 63401 137511 76511 161189 74180 -128657 1041532 1035020 96653 159975 944879 875045 TO PROVIDE CHARITABLE, EDUCATIONAL AND SCIENTIFIC SUPPORT TO PROMOTE THE IMPROVEMENT OF POLICIES, PROCESSES, PERSONNEL AND INSTITUTIONS OF PUBLIC ADMINISTRATION. 0 0 161189 23678 TO PROVIDE CHARITABLE, EDUCATIONAL AND SCIENTIFIC SUPPORT TO PROMOTE THE IMPROVEMENT OF POLICIES, PROCESSES, PERSONNEL AND INSTITUTIONS OF PUBLIC ADMINISTRATION, INCLUDING PROVIDING STUDENT SCHOLARSHIPS TO ASPA EVENTS, ASSISTING MINORITY UNDERGRADUATE AND GRADUATE STUDENTS IN PURSUING CAREERS IN PUBLIC SERVICE BY PROVIDING OPPORTUNITIES FOR THEM TO PARTICIPATE IN PROFESSIONAL ASSOCIATIONS, AND BUILDING CAPACITY FOR SERVING ASPA'S STUDENT, ACADEMIC AND PRACTITIONER-BASED MEMBERS. 161189 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 1 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X WILLIAM P SHIELDS JR 2025854312 1730 RHODE ISLAND AVENUE NW 500 WASHINGTON DC 20036 MARC HOLZER CHAIR 1.00 X X 0 0 0 CHERYLE BROOM VICE CHAIR (UNTIL 05/2024) 1.00 X X 0 0 0 STEPHEN CONDREY SECRETARY 1.00 X X 0 0 0 SYLVESTER MURRAY TREASURER 1.00 X X 0 0 0 MARIA ARISTIGUETA DIRECTOR 1.00 X 0 0 0 EDWARD JENNINGS DIRECTOR (UNTIL 11/2024) 1.00 X 0 0 0 JANICE LACHANCE DIRECTOR 1.00 X 0 0 0 JANE PISANO DIRECTOR 1.00 X 0 0 0 PATRIA DE LANCER JULNES DIRECTOR 1.00 1.00 X 0 0 0 WILLIAM P SHIELDS JR ASPA EXECUTIVE DIRECTOR 1.00 40.00 X 0 239397 31655 0 239397 31655 0 0 1 0 0 11672 11672 27384 27384 545546 552070 -6524 -6524 -6524 32532 0 0 20860 23678 23678 25000 25000 13206 13206 16110 16110 6973 6973 34287 34287 21002 21002 SPONSORSHIP 20500 20500 TAXES 433 433 161189 161189 0 0 90289 312009 951243 723011 1041532 1035020 2483 22032 94170 137943 96653 159975 X 419513 412101 525366 462944 944879 875045 1041532 1035020 -128657 58823 0 X 0 1 X 1 0 X 21493 53797 14971 73305 11672 175238 21493 53797 14971 73305 11672 175238 71865 103373 23630 23059 23495 29445 27384 127013 302251 0.34200 0.37920 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REIMBURSEMENTS - 550971 250 32715 93032 490904 521315 20500 46790 37634 550971 677955 10319 -119782 47177 521315 594538 28298 91253 36134 677955 562758 2247 69761 390 39838 594538 0.11880 0.72770 0.15350 0 0 0 DUE TO ASPA 137943 137943 PART V, LINE 4: THE ENDOWMENT'S INVESTMENT POLICY INCLUDES A FLEXIBLE ENDOWMENT SPENDING POLICY WHICH IS CONTINGENT BASED ON THE INVESTMENT AND OPERATIONAL PERFORMANCE IN A GIVEN YEAR. THIS SPENDING POLICY CONSTITUTES THE BOARD'S ANNUAL APPROPRIATION FOR SPENDING ENDOWMENT EARNINGS. THESE SPENDING ASSUMPTIONS ARE INTENDED TO ALLOW FOR SUPPORT OF THE ENDOWMENT'S INITIATIVES IN THE ADVANCEMENT OF AND IMAGE OF PUBLIC ADMINISTRATION, WHILE MAINTAINING THE HISTORICAL VALUE OF THE ENDOWMENT FUND'S ASSETS. 0 0 0 0 0 0 0 0 0 WILLIAM P SHIELDS JR ASPA EXECUTIVE DIRECTOR 0 210097 0 29300 0 0 0 16201 0 15454 0 271052 0 0 PART I, LINE 3 THE ENDOWMENT DOES NOT DIRECTLY HIRE OR COMPENSATE EMPLOYEES. ALL EMPLOYEES ARE EMPLOYEES OF THE AMERICAN SOCIETY OF PUBLIC ADMINISTRATION (ASPA), A RELATED ORGANIZATION EXEMPT UNDER SECTION 501(C)(3). THE PROCESS FOR DETERMINING COMPENSATION OF THE EXECUTIVE DIRECTOR INCLUDES REVIEW AND APPROVAL BY INDEPENDENT MEMBERS OF ASPA'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 3 THE ENDOWMENT UTILIZES THE EMPLOYEES OF THE AMERICAN SOCIETY OF PUBLIC ADMINISTRATION (APSA), A RELATED ORGANIZATION EXEMPT UNDER SECTION CODE 501(C)(3), TO BE RESPONSIBLE FOR THE DAY-TO-DAY OPERATIONS. PER THE COST SHARING AGREEMENT, THE ENDOWMENT WILL REIMBURSE ASPA FOR THE REASONABLE COST OF USING ASPA STAFF AND OTHER SERVICES SUPPLIED BY ASPA. FORM 990, PART VI, SECTION A, LINE 8B THERE IS NO COMMITTEE THAT CAN ACT ON BEHALF OF THE ENDOWMENT BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED BY SENIOR MANAGEMENT. A COPY OF THE FORM 990 WAS CIRCULATED VIA EMAIL TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ENDOWMENT'S CONFLICT OF INTEREST POLICY COVERS ALL MEMBERS OF THE BOARD OF DIRECTORS AND ALL OFFICERS. ANY CONFLICTS OF INTEREST AND APPROPRIATE RECUSALS ARE DOCUMENTED IN THE MINUTES OF EACH BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE ENDOWMENT DOES NOT CURRENTLY COMPENSATE ANY OFFICERS. ALL EMPLOYEES ARE EMPLOYEES OF ASPA, A RELATED ORGANIZATION EXEMPT UNDER SECTION 501(C)(3). FORM 990, PART VI, SECTION C, LINE 19 THE ENDOWMENT MAKES THE FEDERAL FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. THE ENDOWMENT DOES NOT MAKE THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. AMERICAN SOCIETY OF PUBLIC ADMINISTRATION 1730 RHODE ISLAND AVE NW SUITE 500 WASHINGTON DC 20036 362340300 PUBLIC ADMINISTRATION DC 501(C)(3) LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 0 ASPA M 9447 CASH ASPA N 25000 CASH ASPA O 25000 CASH ASPAP P 41306 CASH ASPA R 13087 CASH