AIST Foundation

EIN: 251402010 501(c)(3) Philanthropy & Grantmaking

Warrendale, PA

Total Revenue
$2,348,024
Total Expenses
$1,070,204
Total Assets
$11,968,889
Net Assets
$11,951,128
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
PA
Principal Officer
Ronald E Ashburn
Phone
7248143000
Tax Period
2022-07-01 to 2023-06-30

AIST Foundation, founded in 1981, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.3M in total revenue in fiscal year 2022. Revenue surged 89% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 54% operating margin.

Mission

To ensure the iron and steel industry of tomorrow will have a sufficient number of qualified professionals.

Program Service Accomplishments

Program 1
Expenses: $337,289

The AIST Foundation awards grants to instructors to encourage more students to choose the steel industry as their field of study; to recruit more of such graduates to the steel industry, and to...

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The AIST Foundation awards grants to instructors to encourage more students to choose the steel industry as their field of study; to recruit more of such graduates to the steel industry, and to increase the number of instructors knowledgeable in steel in North American universities.These grants include, Steel Curriculum Development Grants, Kent D. Peaslee Junior Faculty Award, Steel Professor Grants, Don Daily Safety Grants, Digital Technologies Grants, and Sustainable Technologies Grants among other support for teaching professionals.

Program 2
Expenses: $254,360

Foundation Scholarship Programs - The AIST Foundation awards academic scholarships on an annual basis to talented and dedicated students to encourage the pursuit of careers within iron and steel...

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Foundation Scholarship Programs - The AIST Foundation awards academic scholarships on an annual basis to talented and dedicated students to encourage the pursuit of careers within iron and steel related industries. In additon, the AIST Foundation awards internships to showcase the technological scale, sophistication and employment opportunities available in the steel industry.

Program 3
Expenses: $69,835

Foundation Scholarship Member Chapter Programs - The AIST Foundation awards academic scholarships on an annual basis to talented and dedicated students on a regional member chapter level.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $2,088,000
Program Service Revenue $0
Investment Income $228,865
Other Revenue $31,159
TOTAL REVENUE $2,348,024

Expense Breakdown

Grants Paid $748,542
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $940,631
Other Expenses $321,662
TOTAL EXPENSES $1,070,204

Year-over-Year Comparison

2022 2021 Change
Revenue $2,348,024 $1,240,343 +0.9%
Expenses $1,070,204 $808,653 +0.3%
Net Income $1,277,820 $431,690 +2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$769,686
Total Directors
11
$769,686
Key Employees
1
$383,951
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Theodore F Lyon Past President 2.00
Officer Director
$0 $0 $0
Ronald E Ashburn Executive Director/Secretary 10.00
Officer Director
$0 $49,544 $769,686
Joseph T Dzierzawski Trustee 1.00
Director
$0 $0 $0
Terry G Fedor II President Elect 2.00
Officer Director
$0 $0 $0
Glenn A Pushis President 2.00
Officer Director
$0 $0 $0
Mark R Olson Trustee 1.00
Director
$0 $0 $0
Mark L Fedor Treasurer 2.00
Officer Director
$0 $0 $0
James F Dudek Trustee 1.00
Director
$0 $0 $0
Jennifer J Durbin Trustee 1.00
Director
$0 $0 $0
Amy J Fisher Trustee 1.00
Director
$0 $0 $0
Charles E Greene Trustee 1.00
Director
$0 $0 $0
Mark Didiano GM - Administration 10.00
Key Emp
$0 $45,642 $383,951
William L Patterson Manager Information Technology 1.00
Highest
$0 $31,984 $191,384
Brian Bliss GM - Programs and Publications 1.00
Highest
$0 $46,096 $304,627
Stacy Varmecky GM - Sales and Marketing 1.00
Highest
$0 $34,819 $320,936
Kenneth Landau Staff Engineer 1.00
Highest
$0 $29,280 $153,270
Anna Voss Manager Technology Programs 1.00
Highest
$0 $25,490 $164,342
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $2,348,024 $1,070,204 $11,968,889 $1,277,820
2022 $1,240,343 $808,653 $10,066,705 $431,690
2021 $660,575 $831,249 $11,313,736 $-170,674
2020 $1,954,922 $744,881 $9,863,737 $1,210,041
2019 $439,035 $739,019 $8,625,219 $-299,984
2018 $973,123 $556,114 $8,591,011 $417,009
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