Aip Foundation

“Explanation of classes of members or shareholders: AIP Foundation is a non-profit non-stock corporation.”

“How members of shareholders elect governing board: Except for the initial Board of Trustees, the number of trustees constituting the entire Board of Trustees shall be fixed by action of AIP, as member, provided that the number of trustees shall not be less than 3 nor more than 17, including two ex-officio trustees. The number of trustees may be increased or decreased by amendment of the Bylaws or by action of AIP, as member. FORM 990, PART VI, LINE 7B AIP, AS MEMBER, SHALL ANNUALLY ELECT TRUSTEES TO FILL THE SEATS OF TRUSTEES WHOSE TERMS ARE EXPIRING, AND EACH TRUSTEE SHALL HOLD OFFICE FOR HIS OR HER TERM AND UNTIL A SUCCESSOR HAS BEEN ELECTED AND QUALIFIED OR UNTIL AN EARLIER RESIGNATION OR REMOVAL. THE CORPORATION MAY BE DISSOLVED, AND ITS ASSETS DISTRIBUTED AS PROVIDED IN THE CERTIFICATE OF INCORPORATION, ONLY BY ACTION OF AIP, AS MEMBER OF THE CORPORATION.”

“Form 990 Review Process: The form 990 is reviewed by the Audit and Finance Committee and then made available to all members of the Board of Trustees.”

“The conflict of interest policy is provided to each member of the Board of Trustees. All Trustees are required to disclose any conflicts of interest and to notify the Board of any conflicts that may arise throughout the year.”

“AIP Foundation pays no compensation and therefore has no compensation policy. The related organization, The American Institute of Physics, details their compensation policies on schedule J and schedule O of their form 990.”

“Other organization documents made available to the public: Financial information and the conflict of interest policy are available to the public upon request.”

“Diversity, Equity, Inclusion AIP has invested in diversity, equity, and inclusion across the Institute. In January 2020, The Task Force to Elevate African American Representation in Undergraduate Physics and Astronomy (TEAM-UP) released its groundbreaking report, Systemic Changes to Increase African Americans with Bachelor's Degrees in Physics and Astronomy. Recognizing the importance of both information and action, AIP dedicated full-time staff to promote and advance the TEAM-UP report recommendations within the physics and astronomy academic communities and assembled a committee of experts to organize a series of workshops aimed at helping these departments create environments where African American students can thrive. The AIP Board established a Diversity Action Fund for action-based grants to support our Member Societies' initiatives in response to racial injustices. The fund also established a joint award with the National Society of Black Physicists, the AIP-NSBP Joseph A. Johnson II Award, which honors Dr. Johnson's legacy as a pioneering experimental physicist, cofounder of NSBP, and inspirational mentor to countless black students. AIP partnered with the #BlackInPhysics organizers to spotlight Black physicists - their stories and their contributions to science and society. Our flagship publication, Physics Today, created a #BlackinPhysics Week Essay series as part of that partnership and each year draws attention to issues affecting women, LGBTQ people, people with disabilities and people of color in the physical sciences. Over the last year, AIP has joined with other scientific organizations to condemn violence against communities of color and joined the CEO Action for Racial Equity Initiative as part of the CEO Action for Diversity & Inclusion organization. AIP continues as a member of the Societies Consortium on Sexual Harassment in STEMM, which pushes for excellence in STEMM fields and addressing issues of sexual harassment.”