Liabilities / Assets
17th percentile
Higher debt load relative to assets than 17% of similar nonprofits.
990 • Fiscal year 2020 • EIN 52-1703587
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
17th percentile
Higher debt load relative to assets than 17% of similar nonprofits.
Liabilities / Revenue
16th percentile
Higher debt load relative to revenue than 16% of similar nonprofits.
Net Margin
83rd percentile
Higher net margin than 83% of similar nonprofits.
Top Officer Pay
85th percentile
Higher top officer pay than 85% of similar nonprofits.
Top officer pay equals 9.8% of source-year revenue.
Asset Growth
76th percentile
Faster asset growth than 76% of similar nonprofits.
Revenue Growth
84th percentile
Faster revenue growth than 84% of similar nonprofits.
Assets
Up$2,176,896
Up $435,222 (+25%) from 2019
Net Assets
Up$2,175,855
Up $524,589 (+32%) from 2019
Liabilities
Down$1,041
Down $89,367 (-99%) from 2019
Revenue
Up$1,605,768
Up $465,964 (+41%) from 2019
Expenses
Up$1,081,179
Up $57,611 (+5.6%) from 2019
Net Income
Up$524,589
Up $408,353 (+351%) from 2019
The foundation seeks to enhance the prominence of the national medals of science and of technology and the laureates. At the same time, it strives to increase public awareness that economic growth, competitiveness, and high standard of living depend on our nation's ability to lead the world in scientific discovery and technological development.
The nstmf's mission is to build inclusive stem communities across the united states. Fundamental to these communities are the significant, inspirational connections we foster between the individuals who have received national recognition for excellence in stem and todays diverse generation of college and high school students. Together they will pave the way for a more equitable future in science and technology. Our vision is to be a driving force in creating a world in which the diversity of the american society is reflected in the recipients of all prestigious stem honors, including future laureate classes of the national medal of science and the national medal of technology and innovation.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Intangible Assets | $1,379,371 | $1,280,844 | ▼ $98,527 |
| Pledges and Grants Receivable | $301,500 | $500,000 | ▲ $198,500 |
| Cash and Non-Interest-Bearing Accounts | $59,778 | $348,802 | ▲ $289,024 |
| Prepaid Expenses and Deferred Charges | - | $42,227 | - |
| Land, Buildings, and Equipment, Net | - | $3,998 | - |
| Total Assets | $1,741,674 | $2,176,896 | ▲ $435,222 |
| Other Assets Total | $1,025 | $1,025 | → $0 |
| Liabilities | |||
| Deferred Revenue | $40,000 | - | - |
| Accounts Payable and Accrued Expenses | $50,408 | $1,041 | ▼ $49,367 |
| Total Liabilities | $90,408 | $1,041 | ▼ $89,367 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,351,266 | $2,175,855 | ▲ $824,589 |
| Net Assets With Donor Restrictions | $300,000 | - | - |
| Total Net Assets Fund Balance | $1,651,266 | $2,175,855 | ▲ $524,589 |
| Total Liabilities and Net Assets / Fund Balance | $1,741,674 | $2,176,896 | ▲ $435,222 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $3,998 | $503 | $4,501 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Andrew Rathmann-noonan | Executive Di | FT | $141,657 | $15,000 | $156,657 |
| Andrew Rathmann-noonan | Executive Director | - | $141,657 | $15,000 | $156,657 |
| Allison C Courtin | Employee | FT | $127,850 | $10,000 | $137,850 |
| Laura C Charity | Employee | FT | $121,842 | $10,000 | $131,842 |
| Name | Title |
|---|---|
| James Rathmann | President |
| Afua Bruce | Board Member |
| Megan Roberts | Board Member |
| Monique Dorsainvil | Board Member |
| Richard J Elkus Jr | Board Member |
| Robin Rathmann-noonan | Board Member |
| Smita Satiani | Board Member |
| Todd Elmer | Board Member |
| Vinton Cerf | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $615,421 |
| Other Expenses | $465,758 |
| Total Fundraising Expense | $210,874 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $290,927 | $67,574 | $38,240 | $396,741 |
| Current Officers, Directors, Trustees, and Key Employees | - | $42,497 | $99,160 | $141,657 |
| Depreciation Depletion | $98,526 | $504 | - | $99,030 |
| Fees for Services Legal | $15,175 | $31,883 | - | $47,058 |
| Payroll Taxes | $24,694 | $9,343 | $11,661 | $45,698 |
| Fees for Services Other | $11,450 | $32,215 | - | $43,665 |
| Occupancy | $19,450 | $7,359 | $9,186 | $35,995 |
| Other Employee Benefits | $16,927 | $6,404 | $7,994 | $31,325 |
| Fees for Services Accounting | $5,660 | $2,142 | $2,673 | $10,475 |
| Conferences and Meetings | $5,014 | $1,897 | $2,368 | $9,279 |
| Other Expenses | $3,228 | $1,221 | $1,525 | $5,974 |
| All Other Expenses | $1,951 | $2,408 | $921 | $5,280 |
| Office Expenses | $2,358 | $892 | $1,379 | $4,629 |
| Insurance | $858 | $324 | $405 | $1,587 |
| Travel | - | - | $815 | $815 |
| Total Functional Expenses | $644,925 | $225,380 | $210,874 | $1,081,179 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,081,179 |
| Total Expenses per Audited Statements | $1,081,179 |
| Total Expenses per Form 990 | $1,081,179 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Andrew Rathmann-noonan | See Attached | W-2 Wages & Benefits | No | $194,156 |
“James rathmann andrew rathmann-noonan board chair exe director father-son relationship robin rathmann-noonan andrew rathmann-noonan board member exe director sibling relationship james rathmann rathmann family foundation board chair major donor board member of both”
“Effective december 10, 2020, the national science & technology medals foundation (the "foundation") filed amended and restated articles of incorporation with the district of columbia department of consumer and regulatory affairs. The amended and restated articles of incorporation continue to require that the foundation be organized and operated exclusively for tax-exempt purposes but expand the specific ways in which the foundation carries out its stated tax-exempt purposes. Specifically, the foundation's amended and restated articles of incorporation now provide that the foundation is organized and shall be operated exclusively for charitable, educational, scientific, and literary purposes, within the meaning of section 501(c)(3) of the internal revenue code of 1986 (or corresponding provisions of any subsequent federal tax laws); and within such limits, to further scientific and educational purposes, primarily (1) by promoting the national medal of technology, established by the stevenson-wydler technology innovation act of 1980, public law no. 96-480, 94 stat. 2311, and the national medal of science, established by act of congress under public law no. 86-209 (collectively, the "awards") through (a) soliciting funds needed to promote the awards; (b) increasing public recognition of the awards; and (c) assisting the united states secretary of commerce in administering the national technology medal award; and (2) by working to build inclusive stem communities across the united states, including by fostering connections between individuals who have received national recognition for excellence in stem and today's diverse generation of college and high school students; and consistent with the foregoing, to exercise all powers available to corporations organized pursuant to the district of columbia nonprofit corporation act. A conforming change also was made in 2020 to the foundation's bylaws.”
“The full board act on the recommendations of the committees.”
“Tax returns (form 990s) are prepared by an outside accountant. A draft of the form 990 is reviewed and approved by the board along with the audited financial statements.”
“Board members sign "conflict of interest policy annual disclosure" at the start of each calender year of the organization. The policy covers the following areas: compensation from the medals and or related organization for services rendered to an officer or employee. If the individual has received more than 10,000 as an independent contractor. If there are family or business relationships with other officers, directors or key employees of the medals. Failure to disclose any of the above and or if there are existing conflicts, the board will convene independently of the interested person. If the board determines that an individual is deemed to have a conflict of interest, the individual will recuse himself or herself.”
“The pay of the executive director is evaluated by the board of directors minus interested persons. The board recommends and approves executive board.”
“The organization makes available to the public upon written request the following governing documents: audited financial statements by laws form 990”
“The nstmf's mission is to build inclusive stem communities across the united states. Fundamental to these communities are the significant, inspirational connections we foster between the individuals who have received national recognition for excellence in stem and todays diverse generation of college and high school students. Together they will pave the way for a more equitable future in science and technology. Our vision is to be a driving force in creating a world in which the diversity of the american society is reflected in the recipients of all prestigious stem honors, including future laureate classes of the national medal of science and the national medal of technology and innovation.”
“Stem spotlight: is a series of live-streamed and pre-recorded events with stem experts and 20 to 40 students. In coordination with stem-focused student organizations and classes, the nstmf facilitates a conversation - not a lecture - that provides stem experts the space to share stories of their work and the obstacles they have faced. Students can respond in real-time with their stories and their questions. With a maximum of just 40 student attendees, all participants can join the conversation with their ideas. In 2020 the nstmf hosted 9 events and coordinated with institutions and students across the country. The instem mentorship program: is an auxiliary support network of and for undergraduate students from underrepresented communities studying stem. Students are leaving stem majors at an alarmingly fast rate. Students from underrepresented communities are even less likely to graduate with their stem degrees. Effective mentorship has proven successful in retaining students in stem programs, especially those from underrepresented communities. Instem offers an invaluable opportunity for all students to connect with their peers and faculty while feeling supported in an environment that can be subject to a lack of diversity and inclusion. The nstmf launched instem at howard university in the fall of 2020. Instem offers four years of programming; each has a theme based on the scholars' needs for the current school year. Each cohort includes 15 instem scholars and one coach, a stem professor, or an established graduate student at the institution. Stem experts visit cohorts to lead workshops and provide insights into the greater stem community.”
“"science and innovation unscripted- or "unscripted," was created by the nstmf to serve the foundations mission of championing the work and lives of americas greatest scientists and technologists and connecting these extraordinary individuals to the next generation. The program marks our first step toward building an inclusive coalition of inspired stem students. The program features national medal laureates and other prominent stem experts in intimate, discussion-centric events. Now in its fifth year, the program has featured nearly 40 experts, reached an audience of more than 10,000 students, professors, and members of the public, and created relationships with 20+ universities and institutions. The hallmark of these events is the intimate atmosphere in which stem experts share stories about notable accomplishments as well as the failure and false starts that defined their journey to success. Geared towards students and young stem professionals, these events pull back the curtain on world-changing scientific accomplishments. The audience is encouraged to ask questions and engage with the speakers outside the structure of a typical student-teacher interaction. By attending one of these programs or watching online, students gain access to a set of individuals they wouldnt otherwise be able to engage in a substantive discussion.”
“National medals events - since its inception, the nstmf has honored the men and women who receive americas highest honors in science and technology: the national medal of science and the national medal of technology and innovation. These medals, bestowed by the president of the united states, recognize those who lead our country and the world in scientific and technological advancement. Their passion for knowledge has taken us beyond our planet, to the bottom of our seas, and deep within the neural pathways of the human brain. The nstmf honors these accomplishments by hosting the national medals celebration, an annual three-day celebration of ingenuity and excellence in stem. The celebration honors the new class of laureates, the broader laureate community, and leaders in the stem community doing excellent work in the lab and in support of their community. The nstmf hosts the national medals celebration, a day-long series of events beginning with a ceremony where the laureates receive their medals from the president of the united states and ending with a celebratory gala for laureates and their honored guests.”
“For the year ended december 31, 2020, the foundation has documented its consideration of fasb asc 740-10 and determined that no material uncertain tax provisions qualify for either recognition or disclosure in the financial statements.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/ActivityOrMissionDesc | 0 | THE NSTMF'S MISSION IS TO BUILD INCLUSIVE STEM COMMUNITIES ACROSS THE UNITED STATES. FUNDAMENTAL TO THESE COMMUNITIES ARE THE SIGNIFICANT, INSPIRATIONAL CONNECTIONS WE FOSTER BETWEEN THE INDIVIDUALS WHO HAVE RECEIVED NATIONAL RECOGNITION FOR EXCELLENCE IN STEM AND TODAYS DIVERSE GENERATION OF COLLEGE AND HIGH SCHOOL STUDENTS. TOGETHER THEY WILL PAVE THE WAY FOR A MORE EQUITABLE FUTURE IN SCIENCE AND TECHNOLOGY. OUR VISION IS TO BE A DRIVING FORCE IN CREATING A WORLD IN WHICH THE DIVERSITY OF THE AMERICAN SOCIETY IS REFLECTED IN THE RECIPIENTS OF ALL PRESTIGIOUS STEM HONORS, INCLUDING FUTURE LAUREATE CLASSES OF THE NATIONAL MEDAL OF SCIENCE AND THE NATIONAL MEDAL OF TECHNOLOGY AND INNOVATION. |
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| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | NATIONAL MEDALS EVENTS - SINCE ITS INCEPTION, THE NSTMF HAS HONORED THE MEN AND WOMEN WHO RECEIVE AMERICAS HIGHEST HONORS IN SCIENCE AND TECHNOLOGY: THE NATIONAL MEDAL OF SCIENCE AND THE NATIONAL MEDAL OF TECHNOLOGY AND INNOVATION. THESE MEDALS, BESTOWED BY THE PRESIDENT OF THE UNITED STATES, RECOGNIZE THOSE WHO LEAD OUR COUNTRY AND THE WORLD IN SCIENTIFIC AND TECHNOLOGICAL ADVANCEMENT. THEIR PASSION FOR KNOWLEDGE HAS TAKEN US BEYOND OUR PLANET, TO THE BOTTOM OF OUR SEAS, AND DEEP WITHIN THE NEURAL PATHWAYS OF THE HUMAN BRAIN. THE NSTMF HONORS THESE ACCOMPLISHMENTS BY HOSTING THE NATIONAL MEDALS CELEBRATION, AN ANNUAL THREE-DAY CELEBRATION OF INGENUITY AND EXCELLENCE IN STEM. THE CELEBRATION HONORS THE NEW CLASS OF LAUREATES, THE BROADER LAUREATE COMMUNITY, AND LEADERS IN THE STEM COMMUNITY DOING EXCELLENT WORK IN THE LAB AND IN SUPPORT OF THEIR COMMUNITY. THE NSTMF HOSTS THE NATIONAL MEDALS CELEBRATION, A DAY-LONG SERIES OF EVENTS BEGINNING WITH A CEREMONY WHERE THE LAUREATES RECEIVE THEIR MEDALS FROM THE PRESIDENT OF THE UNITED STATES AND ENDING WITH A CELEBRATORY GALA FOR LAUREATES AND THEIR HONORED GUESTS. |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | FOR THE YEAR ENDED DECEMBER 31, 2020, THE FOUNDATION HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10 AND DETERMINED THAT NO MATERIAL UNCERTAIN TAX PROVISIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
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| IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt | 0 | THE EXECUTIVE DIRECTORS COMPENSATION IS APPROVED BY THE BOARD - WHO SERVES AS A DE FACTO COMPENSATION COMMITTEE. BOARD MEMBERS RELATED TO THE EXECUTIVE DIRECTOR RECUSE THEMSELVES WHEN THE BOARD DETERMINES AND EVALUATE THE EXECUTIVE DIRECTORS COMPENSATION. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE NSTMF'S MISSION IS TO BUILD INCLUSIVE STEM COMMUNITIES ACROSS THE UNITED STATES. FUNDAMENTAL TO THESE COMMUNITIES ARE THE SIGNIFICANT, INSPIRATIONAL CONNECTIONS WE FOSTER BETWEEN THE INDIVIDUALS WHO HAVE RECEIVED NATIONAL RECOGNITION FOR EXCELLENCE IN STEM AND TODAYS DIVERSE GENERATION OF COLLEGE AND HIGH SCHOOL STUDENTS. TOGETHER THEY WILL PAVE THE WAY FOR A MORE EQUITABLE FUTURE IN SCIENCE AND TECHNOLOGY. OUR VISION IS TO BE A DRIVING FORCE IN CREATING A WORLD IN WHICH THE DIVERSITY OF THE AMERICAN SOCIETY IS REFLECTED IN THE RECIPIENTS OF ALL PRESTIGIOUS STEM HONORS, INCLUDING FUTURE LAUREATE CLASSES OF THE NATIONAL MEDAL OF SCIENCE AND THE NATIONAL MEDAL OF TECHNOLOGY AND INNOVATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | STEM SPOTLIGHT: IS A SERIES OF LIVE-STREAMED AND PRE-RECORDED EVENTS WITH STEM EXPERTS AND 20 TO 40 STUDENTS. IN COORDINATION WITH STEM-FOCUSED STUDENT ORGANIZATIONS AND CLASSES, THE NSTMF FACILITATES A CONVERSATION - NOT A LECTURE - THAT PROVIDES STEM EXPERTS THE SPACE TO SHARE STORIES OF THEIR WORK AND THE OBSTACLES THEY HAVE FACED. STUDENTS CAN RESPOND IN REAL-TIME WITH THEIR STORIES AND THEIR QUESTIONS. WITH A MAXIMUM OF JUST 40 STUDENT ATTENDEES, ALL PARTICIPANTS CAN JOIN THE CONVERSATION WITH THEIR IDEAS. IN 2020 THE NSTMF HOSTED 9 EVENTS AND COORDINATED WITH INSTITUTIONS AND STUDENTS ACROSS THE COUNTRY. THE INSTEM MENTORSHIP PROGRAM: IS AN AUXILIARY SUPPORT NETWORK OF AND FOR UNDERGRADUATE STUDENTS FROM UNDERREPRESENTED COMMUNITIES STUDYING STEM. STUDENTS ARE LEAVING STEM MAJORS AT AN ALARMINGLY FAST RATE. STUDENTS FROM UNDERREPRESENTED COMMUNITIES ARE EVEN LESS LIKELY TO GRADUATE WITH THEIR STEM DEGREES. EFFECTIVE MENTORSHIP HAS PROVEN SUCCESSFUL IN RETAINING STUDENTS IN STEM PROGRAMS, ESPECIALLY THOSE FROM UNDERREPRESENTED COMMUNITIES. INSTEM OFFERS AN INVALUABLE OPPORTUNITY FOR ALL STUDENTS TO CONNECT WITH THEIR PEERS AND FACULTY WHILE FEELING SUPPORTED IN AN ENVIRONMENT THAT CAN BE SUBJECT TO A LACK OF DIVERSITY AND INCLUSION. THE NSTMF LAUNCHED INSTEM AT HOWARD UNIVERSITY IN THE FALL OF 2020. INSTEM OFFERS FOUR YEARS OF PROGRAMMING; EACH HAS A THEME BASED ON THE SCHOLARS' NEEDS FOR THE CURRENT SCHOOL YEAR. EACH COHORT INCLUDES 15 INSTEM SCHOLARS AND ONE COACH, A STEM PROFESSOR, OR AN ESTABLISHED GRADUATE STUDENT AT THE INSTITUTION. STEM EXPERTS VISIT COHORTS TO LEAD WORKSHOPS AND PROVIDE INSIGHTS INTO THE GREATER STEM COMMUNITY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | "SCIENCE AND INNOVATION UNSCRIPTED- OR "UNSCRIPTED," WAS CREATED BY THE NSTMF TO SERVE THE FOUNDATIONS MISSION OF CHAMPIONING THE WORK AND LIVES OF AMERICAS GREATEST SCIENTISTS AND TECHNOLOGISTS AND CONNECTING THESE EXTRAORDINARY INDIVIDUALS TO THE NEXT GENERATION. THE PROGRAM MARKS OUR FIRST STEP TOWARD BUILDING AN INCLUSIVE COALITION OF INSPIRED STEM STUDENTS. THE PROGRAM FEATURES NATIONAL MEDAL LAUREATES AND OTHER PROMINENT STEM EXPERTS IN INTIMATE, DISCUSSION-CENTRIC EVENTS. NOW IN ITS FIFTH YEAR, THE PROGRAM HAS FEATURED NEARLY 40 EXPERTS, REACHED AN AUDIENCE OF MORE THAN 10,000 STUDENTS, PROFESSORS, AND MEMBERS OF THE PUBLIC, AND CREATED RELATIONSHIPS WITH 20+ UNIVERSITIES AND INSTITUTIONS. THE HALLMARK OF THESE EVENTS IS THE INTIMATE ATMOSPHERE IN WHICH STEM EXPERTS SHARE STORIES ABOUT NOTABLE ACCOMPLISHMENTS AS WELL AS THE FAILURE AND FALSE STARTS THAT DEFINED THEIR JOURNEY TO SUCCESS. GEARED TOWARDS STUDENTS AND YOUNG STEM PROFESSIONALS, THESE EVENTS PULL BACK THE CURTAIN ON WORLD-CHANGING SCIENTIFIC ACCOMPLISHMENTS. THE AUDIENCE IS ENCOURAGED TO ASK QUESTIONS AND ENGAGE WITH THE SPEAKERS OUTSIDE THE STRUCTURE OF A TYPICAL STUDENT-TEACHER INTERACTION. BY ATTENDING ONE OF THESE PROGRAMS OR WATCHING ONLINE, STUDENTS GAIN ACCESS TO A SET OF INDIVIDUALS THEY WOULDNT OTHERWISE BE ABLE TO ENGAGE IN A SUBSTANTIVE DISCUSSION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | NATIONAL MEDALS EVENTS - SINCE ITS INCEPTION, THE NSTMF HAS HONORED THE MEN AND WOMEN WHO RECEIVE AMERICAS HIGHEST HONORS IN SCIENCE AND TECHNOLOGY: THE NATIONAL MEDAL OF SCIENCE AND THE NATIONAL MEDAL OF TECHNOLOGY AND INNOVATION. THESE MEDALS, BESTOWED BY THE PRESIDENT OF THE UNITED STATES, RECOGNIZE THOSE WHO LEAD OUR COUNTRY AND THE WORLD IN SCIENTIFIC AND TECHNOLOGICAL ADVANCEMENT. THEIR PASSION FOR KNOWLEDGE HAS TAKEN US BEYOND OUR PLANET, TO THE BOTTOM OF OUR SEAS, AND DEEP WITHIN THE NEURAL PATHWAYS OF THE HUMAN BRAIN. THE NSTMF HONORS THESE ACCOMPLISHMENTS BY HOSTING THE NATIONAL MEDALS CELEBRATION, AN ANNUAL THREE-DAY CELEBRATION OF INGENUITY AND EXCELLENCE IN STEM. THE CELEBRATION HONORS THE NEW CLASS OF LAUREATES, THE BROADER LAUREATE COMMUNITY, AND LEADERS IN THE STEM COMMUNITY DOING EXCELLENT WORK IN THE LAB AND IN SUPPORT OF THEIR COMMUNITY. THE NSTMF HOSTS THE NATIONAL MEDALS CELEBRATION, A DAY-LONG SERIES OF EVENTS BEGINNING WITH A CEREMONY WHERE THE LAUREATES RECEIVE THEIR MEDALS FROM THE PRESIDENT OF THE UNITED STATES AND ENDING WITH A CELEBRATORY GALA FOR LAUREATES AND THEIR HONORED GUESTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | JAMES RATHMANN ANDREW RATHMANN-NOONAN BOARD CHAIR EXE DIRECTOR FATHER-SON RELATIONSHIP ROBIN RATHMANN-NOONAN ANDREW RATHMANN-NOONAN BOARD MEMBER EXE DIRECTOR SIBLING RELATIONSHIP JAMES RATHMANN RATHMANN FAMILY FOUNDATION BOARD CHAIR MAJOR DONOR BOARD MEMBER OF BOTH |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | EFFECTIVE DECEMBER 10, 2020, THE NATIONAL SCIENCE & TECHNOLOGY MEDALS FOUNDATION (THE "FOUNDATION") FILED AMENDED AND RESTATED ARTICLES OF INCORPORATION WITH THE DISTRICT OF COLUMBIA DEPARTMENT OF CONSUMER AND REGULATORY AFFAIRS. THE AMENDED AND RESTATED ARTICLES OF INCORPORATION CONTINUE TO REQUIRE THAT THE FOUNDATION BE ORGANIZED AND OPERATED EXCLUSIVELY FOR TAX-EXEMPT PURPOSES BUT EXPAND THE SPECIFIC WAYS IN WHICH THE FOUNDATION CARRIES OUT ITS STATED TAX-EXEMPT PURPOSES. SPECIFICALLY, THE FOUNDATION'S AMENDED AND RESTATED ARTICLES OF INCORPORATION NOW PROVIDE THAT THE FOUNDATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, SCIENTIFIC, AND LITERARY PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 (OR CORRESPONDING PROVISIONS OF ANY SUBSEQUENT FEDERAL TAX LAWS); AND WITHIN SUCH LIMITS, TO FURTHER SCIENTIFIC AND EDUCATIONAL PURPOSES, PRIMARILY (1) BY PROMOTING THE NATIONAL MEDAL OF TECHNOLOGY, ESTABLISHED BY THE STEVENSON-WYDLER TECHNOLOGY INNOVATION ACT OF 1980, PUBLIC LAW NO. 96-480, 94 STAT. 2311, AND THE NATIONAL MEDAL OF SCIENCE, ESTABLISHED BY ACT OF CONGRESS UNDER PUBLIC LAW NO. 86-209 (COLLECTIVELY, THE "AWARDS") THROUGH (A) SOLICITING FUNDS NEEDED TO PROMOTE THE AWARDS; (B) INCREASING PUBLIC RECOGNITION OF THE AWARDS; AND (C) ASSISTING THE UNITED STATES SECRETARY OF COMMERCE IN ADMINISTERING THE NATIONAL TECHNOLOGY MEDAL AWARD; AND (2) BY WORKING TO BUILD INCLUSIVE STEM COMMUNITIES ACROSS THE UNITED STATES, INCLUDING BY FOSTERING CONNECTIONS BETWEEN INDIVIDUALS WHO HAVE RECEIVED NATIONAL RECOGNITION FOR EXCELLENCE IN STEM AND TODAY'S DIVERSE GENERATION OF COLLEGE AND HIGH SCHOOL STUDENTS; AND CONSISTENT WITH THE FOREGOING, TO EXERCISE ALL POWERS AVAILABLE TO CORPORATIONS ORGANIZED PURSUANT TO THE DISTRICT OF COLUMBIA NONPROFIT CORPORATION ACT. A CONFORMING CHANGE ALSO WAS MADE IN 2020 TO THE FOUNDATION'S BYLAWS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE FULL BOARD ACT ON THE RECOMMENDATIONS OF THE COMMITTEES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | TAX RETURNS (FORM 990S) ARE PREPARED BY AN OUTSIDE ACCOUNTANT. A DRAFT OF THE FORM 990 IS REVIEWED AND APPROVED BY THE BOARD ALONG WITH THE AUDITED FINANCIAL STATEMENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | BOARD MEMBERS SIGN "CONFLICT OF INTEREST POLICY ANNUAL DISCLOSURE" AT THE START OF EACH CALENDER YEAR OF THE ORGANIZATION. THE POLICY COVERS THE FOLLOWING AREAS: COMPENSATION FROM THE MEDALS AND OR RELATED ORGANIZATION FOR SERVICES RENDERED TO AN OFFICER OR EMPLOYEE. IF THE INDIVIDUAL HAS RECEIVED MORE THAN 10,000 AS AN INDEPENDENT CONTRACTOR. IF THERE ARE FAMILY OR BUSINESS RELATIONSHIPS WITH OTHER OFFICERS, DIRECTORS OR KEY EMPLOYEES OF THE MEDALS. FAILURE TO DISCLOSE ANY OF THE ABOVE AND OR IF THERE ARE EXISTING CONFLICTS, THE BOARD WILL CONVENE INDEPENDENTLY OF THE INTERESTED PERSON. IF THE BOARD DETERMINES THAT AN INDIVIDUAL IS DEEMED TO HAVE A CONFLICT OF INTEREST, THE INDIVIDUAL WILL RECUSE HIMSELF OR HERSELF. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | THE PAY OF THE EXECUTIVE DIRECTOR IS EVALUATED BY THE BOARD OF DIRECTORS MINUS INTERESTED PERSONS. THE BOARD RECOMMENDS AND APPROVES EXECUTIVE BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | THE ORGANIZATION MAKES AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST THE FOLLOWING GOVERNING DOCUMENTS: AUDITED FINANCIAL STATEMENTS BY LAWS FORM 990 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 2, PART III, LINE 4C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 8B |
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2020 • Form 990Detailed filing. Detailed filing data is available for this year.