Liabilities / Assets
10th percentile
Higher debt load relative to assets than 10% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
10th percentile
Higher debt load relative to assets than 10% of similar nonprofits.
Liabilities / Revenue
7th percentile
Higher debt load relative to revenue than 7% of similar nonprofits.
Net Margin
97th percentile
Higher net margin than 97% of similar nonprofits.
Top Officer Pay
93rd percentile
Higher top officer pay than 93% of similar nonprofits.
Top officer pay equals 3.5% of source-year revenue.
Asset Growth
100th percentile
Faster asset growth than 100% of similar nonprofits.
Revenue Growth
99th percentile
Faster revenue growth than 99% of similar nonprofits.
Assets
Up$17,301,287
Up $16,368,902 (+1756%) from 2021
Net Assets
Up$17,253,864
Up $16,334,330 (+1776%) from 2021
Liabilities
Up$47,423
Up $34,572 (+269%) from 2021
Revenue
Up$17,166,448
Up $15,953,055 (+1315%) from 2021
Expenses
Up$1,460,935
Up $454,153 (+45%) from 2021
Net Income
Up$15,705,513
Up $15,498,902 (+7501%) from 2021
The aip foundation's mission is to create a culture of philanthropy and generate support that will advance aips role as a world-class center of excellence in research on the heritage and history of the physical sciences, as well as enrich the experience of and propel the careers of a new generation of scientists.
The aip foundation is organized and operates exclusively for charitable, scientific, and educational purposes within the meaning of section 501(c)(3) of the irs code 1986.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Pledges and Grants Receivable | $95,267 | $10,509,902 | ▲ $10,414,635 |
| Investments in Publicly Traded Securities | $0 | $6,625,267 | ▲ $6,625,267 |
| Cash and Non-Interest-Bearing Accounts | $824,076 | $119,345 | ▼ $704,731 |
| Prepaid Expenses and Deferred Charges | $13,042 | $46,773 | ▲ $33,731 |
| Savings and Temporary Cash Investments | $0 | $0 | → $0 |
| Accounts Receivable | $0 | $0 | → $0 |
| Other Notes and Loans Receivable, Net | $0 | $0 | → $0 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Other Securities | $0 | $0 | → $0 |
| Investments Program Related | $0 | $0 | → $0 |
| Land, Buildings, and Equipment, Net | $0 | $0 | → $0 |
| Intangible Assets | $0 | $0 | → $0 |
| Inventories for Sale or Use | $0 | $0 | → $0 |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Total Assets | $932,385 | $17,301,287 | ▲ $16,368,902 |
| Other Assets Total | $0 | $0 | → $0 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $12,851 | $42,414 | ▲ $29,563 |
| Other Liabilities | $0 | $5,009 | ▲ $5,009 |
| Grants Payable | $0 | $0 | → $0 |
| Mortgage Notes Payable Secured by Investment Property | $0 | $0 | → $0 |
| Unsecured Notes Loans Payable | $0 | $0 | → $0 |
| Deferred Revenue | $0 | $0 | → $0 |
| Escrow Account Liability | $0 | $0 | → $0 |
| Tax Exempt Bond Liabilities | $0 | $0 | → $0 |
| Total Liabilities | $12,851 | $47,423 | ▲ $34,572 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $805,139 | $17,002,955 | ▲ $16,197,816 |
| Net Assets Without Donor Restrictions | $114,395 | $250,909 | ▲ $136,514 |
| Total Net Assets Fund Balance | $919,534 | $17,253,864 | ▲ $16,334,330 |
| Total Liabilities and Net Assets / Fund Balance | $932,385 | $17,301,287 | ▲ $16,368,902 |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2022 | $422,638 | $5,047,971 | ▲ $3,974 | - | $5,474,583 |
| 2021 | $21,517 | $401,100 | ▲ $21 | - | $422,638 |
| 2020 | - | $21,517 | - | - | $21,517 |
| Name | Title | Full / Part Time | Other | Total |
|---|---|---|---|---|
| Tanya Easton | Executive Director | PT | $80,852 | $80,852 |
| Name | Title |
|---|---|
| France Cordova | Chair |
| Anneila Sargent | Director |
| Charles Bolden Jr | Director |
| John Mather | Director |
| Julia Phillips | Director |
| Nancy Greenspan | Director |
| Sandeep Giri | Director |
| Vanessa Ellerbe Wyche | Director |
| Vinton Cerf | Director |
| Michael Moloney | CEO, Aip |
| Catherine Swartz | CFO, Aip |
| Melissa Perry | Secretary |
| Susan Avery | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,334,932 |
| Total Fundraising Expense | $881,979 |
| Professional Fundraising Fees | $126,003 |
| Grants and Similar Amounts Paid | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Expenses | $454,993 | $0 | $0 | $454,993 |
| Fees for Services Professional Fundraising | - | - | $126,003 | $126,003 |
| Information Technology | - | - | $61,965 | $61,965 |
| Fees for Services Management | - | - | $60,411 | $60,411 |
| Conferences and Meetings | - | $25,081 | $20,400 | $45,481 |
| Advertising | - | - | $28,914 | $28,914 |
| Fees for Services Accounting | - | $19,059 | - | $19,059 |
| Fees for Services Other | - | - | $12,412 | $12,412 |
| Travel | - | - | $11,255 | $11,255 |
| Office Expenses | - | - | $6,623 | $6,623 |
| Insurance | - | $5,000 | - | $5,000 |
| Total Functional Expenses | $454,993 | $123,963 | $881,979 | $1,460,935 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $126,003 |
| Fundraising Direct Expenses | $0 |
| Fundraising Gross Income | $0 |
| Gaming Direct Expenses | $0 |
| Gaming Gross Income | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Receivables from Disqualified Persons | $0 | $0 | → $0 |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Liability | Amount |
|---|---|
| Due to Related Organization | $5,009 |
“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.”
“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 cfo and then made available to all members of the board of trustees. Information pertaining to certain contributions may be redacted from the form presented for review if requested by the donor.”
“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 implementation workshops aimed at helping these departments create action plans and 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, lgbtqai+ people, people with disablities and people of color in the physical sciences. In 2022, aip established the diveristy, equity, inclusion, belonging and accessibility (deiba) workgroup consisting of nine member societies. The purpose of this group is to fine tune and finalize the existing deiba framework that will support advancement of the member societies' deiba initiatives and programs, as well as provide guidance on prioritizing strategies, and championing implementation efforts. The purpose of the deiba strategic plan is to support aip's mission to "advance, promote, and serve the physical sciences for the benefit of humanityto support the work of the member societies and federation at large to advance deiba in the physical sciences community.”
“Aipf has six separate funds which have been endowed by donors: the robert h.g. Helleman memorial endowment fund, the sps endowment fund, the sigma pi sigma congress centennial endowment fund, the center for the history of physics endowment fund, the trimble lecture endowment fund, and the alice dodge wallce physics history & promise endowment fund. In his will robert h.g. Helleman bequeathed funds for aip to establish an endowment to support graduate students or postdoctoral fellows with dutch citizenship to pursue research activities in physics in the united states. The sps endowment fund supports student travel grants, making it possible for them to attend seminars and conferences or to present research and other work at symposia. It also supports programs and gatherings of the physics and astronomy communities. The sigma pi sigma centennial endowment fund will be used to lower the financial burden for students who might otherwise not attend the centennial physcon, the modern incarnation of the historical sigma pi sigma congress, by reducing the costs of registration, travel, lodging, and meals. The chp endowment fund supports the center in building its public programs that will be needed to connect scholars, oral histories and other archives to the public in years to come, as well as supporting ongoing research and educational outreach. The trimble lecture endowment fund supports the ongoing engagement of noted scholars and lecturers who not only address but interact with audiences in person and online in the ongoing exploration of physics and related sciences and their societal relevance to past and future generations. The alice dodge wallace physics history & promise endowment fund is used to support mission-based initiatives related to aip history programs; namely, to preserve and make known the history of physics and allied sciences.”
“The foundation follows u.s. Gaap which recognize income tax positions taken or expected to be taken in a tax return only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The foundation believes that its income tax positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the foundation's financial position, results of activities or cash flows. Accordingly, the foundation has not recorded any reserves or related accruals for uncertain tax positions on december 31, 2022 and 2021. The foundation believes that it is no longer subject to u.s. Federal, state, and local income tax examinations by tax authorities for years before 2020.”
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/Desc | 0 | AIP FOUNDATION SOLICITS DONATIONS TO SUPPORT THE AIP PHYSICS PROGRAM AREAS RELATED TO THE NIELS BOHR LIBRARY AND ARCHIVES, THE CENTER FOR THE HISTORY OF PHYSICS, SOCIETY OF PHYSICS STUDENTS, SIGMA PI SIGMA AND DIVERSITY, EQUITY AND INCLUSION INITIATIVES. |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
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| IRS990/MissionDesc | 0 | THE AIP FOUNDATION'S MISSION IS TO CREATE A CULTURE OF PHILANTHROPY AND GENERATE SUPPORT THAT WILL ADVANCE AIPS ROLE AS A WORLD-CLASS CENTER OF EXCELLENCE IN RESEARCH ON THE HERITAGE AND HISTORY OF THE PHYSICAL SCIENCES, AS WELL AS ENRICH THE EXPERIENCE OF AND PROPEL THE CAREERS OF A NEW GENERATION OF SCIENTISTS. |
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| IRS990/OtherExpensesGrp/Desc | 0 | SHARED SERVICES |
| IRS990/OtherExpensesGrp/Desc | 1 | AIP PROGRAM SUPPORT |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | SOCIETY OF PHYSICS STUDENTS AND SIGMA PI SIGMA THE SOCIETY OF PHYSICS STUDENTS (SPS) IS A SCIENTIFIC SOCIETY FOR PHYSICS AND ASTRONOMY UNDERGRADUATES AND THEIR MENTORS, WITH MORE THAN 6,400 MEMBERS AND 852 SPS CHAPTERS NATIONWIDE AND 36 INTERNATIONAL CHAPTERS. SPS EXISTS TO SUPPORT UNDERGRADUATE STUDENTS WITH AN INTEREST IN PHYSICS, PHYSICS AND ASTRONOMY DEPARTMENTS, AND THE BROADER COMMUNITY. SIGMA PI SIGMA, THE PHYSICS AND ASTRONOMY HONOR SOCIETY, RECOGNIZES OUTSTANDING SCHOLARS IN PHYSICS AND ASTRONOMY, ENCOURAGES INTEREST IN THE FIELD, AND PROMOTES AN ATTITUDE OF SERVICE AMONG ITS OVER 80,000 MEMBERS AND 591 CHAPTERS TOWARDS THE ENTIRE PHYSICS COMMUNITY AND THE PUBLIC. A PRIMARY MISSION OF SIGMA PI SIGMA IS TO SUPPORT PHYSICISTS, UNDERGRADUATE DEPARTMENTS, AND ALUMNI BY IMPROVING DEPARTMENT HEALTH. THE SOCIETY OF PHYSICS STUDENTS AND SIGMA PI SIGMA PROVIDE ENRICHING EXPERIENCES FOR STUDENTS INTERESTED IN THE PHYSICAL SCIENCES AND ASTRONOMY THROUGH CHAPTER, MEMBER, AND STUDENT PROGRAMS - OPPORTUNITIES THAT PROMOTE THE PROFESSIONAL DEVELOPMENT OF THE UNDERGRADUATE PHYSICS AND ASTRONOMY STUDENT. |
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| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | CENTER FOR HISTORY OF PHYSICS (CHP) AND THE NIELS BOHR LIBRARY & ARCHIVES. THE HISTORY PROGRAMS OF THE AMERICAN INSTITUTE OF PHYSICS ENSURE THAT THE HERITAGE OF THE PHYSICAL SCIENCES IS SAFEGUARDED AND THAT THE PUBLIC CAN UNDERSTAND HOW THE PHYSICAL SCIENCES HAVE BEEN CENTRAL TO THE HISTORY OF THE MODERN WORLD. THE HISTORY OF THE PHYSICAL SCIENCES OFFERS A RICH FRAMEWORK OF EXCITING PAST ACHIEVEMENTS AND VALUABLE GUIDANCE FOR CURRENT AND FUTURE GENERATIONS. "TO PRESERVE AND MAKE KNOWN THE HISTORY OF THE PHYSICAL SCIENCES" IS THE MISSION SHARED BY CHP AND THE NIELS BOHR LIBRARY & ARCHIVES. THE CORE ACTIVITIES OF CHP INCLUDE LOCATING AND PRESERVING PRIMARY SOURCE MATERIAL, SUPPORTING THE PRODUCTION OF HISTORY OF THE PHYSICAL SCIENCES, AND BRINGING THIS HISTORY TO A WIDE AUDIENCE. WE HELP WITH SOURCES MAINLY IN COLLABORATION WITH NBL&A AND THROUGH ORAL HISTORY INTERVIEWING, AN IMMEDIATE AND PERSONAL TESTIMONY TO SCIENCE IN PASSING GENERATIONS. WE SUPPORT HISTORICAL WRITING THROUGH GRANTS-IN-AID AND THE HELLEMAN FELLOWSHIPS, AS WELL AS THROUGH THE EARLY CAREERS CONFERENCE AND OUR SUPPORT OF EMERGING SCHOLARS. WE SUPPORT EDUCATION AND ENGAGEMENT ABOUT THE HISTORY OF THE PHYSICAL SCIENCES THROUGH OUR TEACHING GUIDES AND HISTORY OF SCIENCE WEB EXHIBITS. CHP ALSO SPONSORS PUBLIC LECTURE SERIES, THE LYNE STARLING TRIMBLE SCIENCE HERITAGE PUBLIC LECTURES. THE CENTER FOR HISTORY OF PHYSICS ENVISIONS AN EVEN MORE ACTIVE RESEARCH INSTITUTE IN THE FUTURE, WITH A MORE VIBRANT COMMUNITY OF HISTORIANS AND OTHER SCHOLARS, ALL WORKING TO BRING A GREATER UNDERSTANDING OF THE PHYSICAL SCIENCES TO K-12 SCHOOL AUDIENCES AND THE BROADER PUBLIC. THE NIELS BOHR LIBRARY & ARCHIVES (NBL&A) DOCUMENTS THE HISTORY OF AIP AND OTHER SCIENTIFIC INSTITUTIONS BY COLLECTING INSTITUTIONAL RECORDS AND OTHER PRIMARY RESOURCES THAT DETAIL THE ACTIVITIES OF THE ORGANIZATIONS AND HIGHLIGHT THE ROLES THAT THESE INSTITUTIONS PLAY IN THE WORLD AT LARGE, CAPTURING HOW SCIENTIFIC INSTITUTIONS PARTICIPATE IN GLOBAL MOVEMENTS LIKE SOCIAL INJUSTICE, INCLUSION, GLOBAL WARMING, AND PANDEMIC RESPONSE. THE NBL&A ALSO PRESERVES ORAL HISTORY INTERVIEWS, PHOTOGRAPHS AND MEDIA, BOOKS, JOURNALS, AND OTHER PUBLISHED MATERIALS PERTAINING TO THE HISTORY OF THE PHYSICAL SCIENCES. IN RECENT YEARS, THE NBL&A HAS BROADENED THE SCOPE OF THE COLLECTIONS TO INCLUDE OLDER MATERIALS AND RARE BOOKS, DATING BACK TO THE 16TH AND 17TH CENTURIES, IN TOPICS THAT FORM THE FOUNDATIONS OF MODERN SCIENCE. LOOKING TO THE FUTURE, THE NBL&A STRIVES TO SERVE AND CONNECT WITH OUR RESEARCH COMMUNITY THROUGH INCREASED OUTREACH AND PROMOTION OF OUR RESOURCES AND GLOBAL ACCESS TO OUR COLLECTIONS THROUGH STRATEGIC DIGITIZATION AND REMOTE ACCESS TO SELECTED MATERIALS. |
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| IRS990ScheduleA/IRSWrittenDeterminationInd | 0 | X |
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| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 454993 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | AMERICAN INSTITUTE OF PHYSICS |
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Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.