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← FOUNDATION FOR CHEMISTRY RESEARCH AND INITIATIVES

Form 990 for tax year 2024

Filed by FOUNDATION FOR CHEMISTRY RESEARCH AND INITIATIVES.

Totals

Total revenue
$3,026,010
Total expenses
$1,994,708
Contributions and grants received
$2,879,907
Grants paid
$1,596,378
Program service revenue
$0
Investment income
$146,103
Other revenue
$0
Total assets, end of year
$4,585,072
Total liabilities, end of year
$615,697
Net assets or fund balances, end of year
$3,969,375
Program services expenses (Part IX)
$1,966,677
Management and general expenses
$28,031
Fundraising expenses
$0
Program service expenses (Part III)
$1,966,677

Program services were 98.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $2,879,907

  • 3 · Investment income

    total $146,103 · excluded $146,103

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $559,100 · program services $559,100

  • 3 · Grants to foreign organizations and individuals

    total $1,037,278 · program services $1,037,278

  • 11c · Fees: accounting

    total $14,020 · management and general $14,020

  • 11g · Fees: other

    total $359,291 · program services $354,607 · management and general $4,684

  • 13 · Office expenses

    total $9,327 · management and general $9,327

  • 19 · Conferences, conventions and meetings

    total $15,692 · program services $15,692

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $3,198,792 · end of year $4,585,072

  • 3 · Pledges and grants receivable

    beginning of year $30,016

  • 17 · Accounts payable and accrued expenses

    beginning of year $290,735 · end of year $615,697

  • 27 · Net assets without donor restrictions

    beginning of year -$14,438 · end of year $108,318

  • 28 · Net assets with donor restrictions

    beginning of year $2,952,511 · end of year $3,861,057

Mission and programs · 2024

Mission

ADVANCING THE UNDERSTANDING, SAFE USE, AND POSITIVE IMPACT OF CHEMISTRY TO SOCIETY.TO ACCOMPLISH THE MISSION, THE FOUNDATION WILL SUPPORT THE FOLLOWING GOALS:1. PROVIDE INFORMATION AND PARTICIPATE IN EDUCATION THAT PROMOTES THE SAFE PRODUCTION, DISTRIBUTION, AND USE OF CHEMISTRY.2. SUPPORT AND PROMOTE SCIENTIFIC RESEARCH FOR SCIENCE-BASED PUBLIC POLICY FOR CHEMICALS MANAGEMENT.3. SUPPORT INITIATIVES DEMONSTRATING CHEMISTRY'S CONTRIBUTION AND BENEFITS TO SOCIETY.

Activities or mission (Part I)

ADVANCING THE UNDERSTANDING, SAFE USE, AND POSITIVE IMPACT OF CHEMISTRY TO SOCIETY. 1. PROVIDE INFORMATION AND PARTICIPATE IN EDUCATION THAT PROMOTES THE SAFE PRODUCTION, DISTRIBUTION, AND USE OF CHEMISTRY.2. SUPPORT AND PROMOTE SCIENTIFIC RESEARCH FOR SCIENCE-BASED PUBLIC POLICY FOR CHEMICALS MANAGEMENT.3. SUPPORT INITIATIVES DEMONSTRATING CHEMISTRY'S CONTRIBUTION AND BENEFITS TO SOCIETY.

  • LONG-RANGE RESEARCH INITIATIVE (LRI) - THE FOUNDATION SUPPORTED RESEARCH FROM EXPERT PRACTITIONERS FROM RELEVANT SECTORS TO BETTER UNDERSTAND POTENTIAL IMPACTS OF CHEMICALS ON HUMAN HEALTH AND THE ENVIRONMENT.

    Expenses $802,100 · Grants $802,100

  • MICROPLASTICS RESEARCH - THE FOUNDATION SUPPORTED RESEARCH TO IMPROVE UNDERSTANDING ABOUT MICROPLASTICS THAT RESULTED IN SEVERAL PEER REVIEWED PUBLICATIONS.

    Expenses $718,973 · Grants $562,278

  • PRIORITY CHEM INDUSTRY PROJECT - THE FOUNDATION SPONSORED PROJECTS IN SUPPORT OF THE CHEMICAL INDUSTRY'S RESEARCH PRIORITIES IN SEVERAL ISSUE AREAS.

    Expenses $203,189 · Grants $152,500

  • DEI

    Expenses $126,700 · Grants $79,500

  • FORMALDEHYDE SCIENCE

    Expenses $110,000

  • SCIENCE EDUCATION/OUTREACH

    Expenses $4,515

  • OLEFINS PANEL SCIENCE

    Expenses $1,200

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Richard A Becker

    TRUSTEE

    Total calculated
    $414,671
    From this org
    $0
    From related orgs
    $341,648
    Other
    $73,023
    Hours/week
    1 + 37 related

    Schedule J breakdown matched by us

    Base
    $0 + $288,242 related
    Bonus
    $0 + $44,500 related
    Other
    $0 + $8,906 related
    Deferred
    $0 + $40,874 related
    Nontaxable benefits
    $0 + $32,149 related
    Filer's total
    $0 + $414,671 related

  • William J West

    TRUSTEE

    Total calculated
    $298,323
    From this org
    $0
    From related orgs
    $253,111
    Other
    $45,212
    Hours/week
    1 + 37 related

    Schedule J breakdown matched by us

    Base
    $0 + $221,713 related
    Bonus
    $0 + $29,250 related
    Other
    $0 + $2,148 related
    Deferred
    $0 + $30,444 related
    Nontaxable benefits
    $0 + $14,768 related
    Filer's total
    $0 + $298,323 related

  • Charles Franklin

    TRUSTEE

    Total calculated
    $366,482
    From this org
    $0
    From related orgs
    $292,049
    Other
    $74,433
    Hours/week
    1 + 37 related

    Schedule J breakdown matched by us

    Base
    $0 + $259,392 related
    Bonus
    $0 + $30,000 related
    Other
    $0 + $2,657 related
    Deferred
    $0 + $36,204 related
    Nontaxable benefits
    $0 + $38,229 related
    Filer's total
    $0 + $366,482 related

  • Karen Krchnak

    TRUSTEE

    Total calculated
    $416,501
    From this org
    $0
    From related orgs
    $336,685
    Other
    $79,816
    Hours/week
    1 + 37 related

    Schedule J breakdown matched by us

    Base
    $0 + $295,924 related
    Bonus
    $0 + $37,750 related
    Other
    $0 + $3,011 related
    Deferred
    $0 + $41,084 related
    Nontaxable benefits
    $0 + $38,732 related
    Filer's total
    $0 + $416,501 related

  • Stewart Harris

    TRUSTEE

    Total calculated
    $323,096
    From this org
    $0
    From related orgs
    $261,287
    Other
    $61,809
    Hours/week
    1 + 37 related

    Schedule J breakdown matched by us

    Base
    $0 + $218,321 related
    Bonus
    $0 + $41,500 related
    Other
    $0 + $1,466 related
    Deferred
    $0 + $31,672 related
    Nontaxable benefits
    $0 + $30,138 related
    Filer's total
    $0 + $323,097 related

  • Vasilios Papaioannou

    TRUSTEE

    Total calculated
    $456,413
    From this org
    $0
    From related orgs
    $384,064
    Other
    $72,349
    Hours/week
    1 + 37 related

    Schedule J breakdown matched by us

    Base
    $0 + $317,115 related
    Bonus
    $0 + $65,250 related
    Other
    $0 + $1,699 related
    Deferred
    $0 + $43,821 related
    Nontaxable benefits
    $0 + $28,528 related
    Filer's total
    $0 + $456,413 related

  • Robert J Simon Jr

    EXECUTIVE DIRECTOR

    Total calculated
    $871,702
    From this org
    $0
    From related orgs
    $765,829
    Other
    $105,873
    Hours/week
    1 + 37 related

    Schedule J breakdown matched by us

    Base
    $0 + $542,057 related
    Bonus
    $0 + $219,500 related
    Other
    $0 + $4,272 related
    Deferred
    $0 + $66,761 related
    Nontaxable benefits
    $0 + $39,112 related
    Filer's total
    $0 + $871,702 related

  • Laura Gooding

    SECRETARY

    Total calculated
    $389,220
    From this org
    $0
    From related orgs
    $319,920
    Other
    $69,300
    Hours/week
    1 + 37 related

    Schedule J breakdown matched by us

    Base
    $0 + $266,752 related
    Bonus
    $0 + $51,750 related
    Other
    $0 + $1,418 related
    Deferred
    $0 + $38,773 related
    Nontaxable benefits
    $0 + $30,527 related
    Filer's total
    $0 + $389,220 related

  • Colleen Stevens

    PROGRAM DIRECTOR AND TREASURER

    Total calculated
    $192,341
    From this org
    $0
    From related orgs
    $162,957
    Other
    $29,384
    Hours/week
    1 + 37 related

    Schedule J breakdown matched by us

    Base
    $0 + $151,171 related
    Bonus
    $0 + $11,500 related
    Other
    $0 + $286 related
    Deferred
    $0 + $19,554 related
    Nontaxable benefits
    $0 + $9,830 related
    Filer's total
    $0 + $192,341 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE FOUNDATION FOR CHEMISTRY RESEARCH AND INITIATIVES DOES NOT COMPENSATE OFFICERS OR DIRECTORS. ALL OFFICERS AND DIRECTORS SERVE ON THE FOUNDATION'S BOARD WITHOUT COMPENSATION. ALL COMPENSATION SHOWN IN PART VII OF THE FORM 990, AND SCHEDULE J, PAGE 2, PART II, IS PAID BY A RELATED ORGANIZATION OF THE FOUNDATION FOR CHEMISTRY RESEARCH AND INITIATIVES, THE AMERICAN CHEMISTRY COUNCIL. THE COMPENSATION DETERMINATION METHODOLOGY OF THE AMERICAN CHEMISTRY COUNCIL IS AS FOLLOWS: THE ACC COMPENSATION COMMITTEE IS COMPRISED OF THE ACC OFFICERS. THE COMPENSATION COMMITTEE REVIEWS THE PERFORMANCE AND SETS THE ANNUAL COMPENSATION OF THE ACC PRESIDENT AND CEO PURSUANT TO AGREED-UPON CONTRACTUAL TERMS. THE COMPENSATION COMMITTEE ALSO REVIEWS AND APPROVES THE ANNUAL COMPENSATION AS RECOMMENDED BY THE PRESIDENT AND CEO FOR COVERED INDIVIDUALS. COVERED INDIVIDUALS CONSIST OF CHIEF EMPLOYED EXECUTIVES, OFFICERS, VICE PRESIDENTS AND MANAGING DIRECTORS AS APPOINTED TO THE SENIOR STAFF TEAM BY THE PRESIDENT AND CEO. IN 2024, THE COMPENSATION COMMITTEE REVIEWED PERFORMANCE, AWARDED THE BONUS, AND APPROVED THE 2024 BASE COMPENSATION FOR THE PRESIDENT AND CEO. FOR THE REMAINING COVERED INDIVIDUALS, THE PRESIDENT AND CEO RECOMMENDED BONUSES AND 2024 BASE SALARIES TO THE COMPENSATION COMMITTEE USING A COMPREHENSIVE BENCHMARK STUDY THAT IS PERFORMED ON AN ANNUAL BASIS. THE RECOMMENDATIONS OF THE PRESIDENT AND CEO WERE THEN APPROVED BY THE COMPENSATION COMMITTEE AT ITS NOVEMBER 2023 MEETING.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • TOXSTRATEGIES LLC

    $182,100

    AN HONORARIUM FOR DR. MICHAEL DOURSON'S COLLABORATION TO DEVELOP A RESEARCH PERSPECTIVES PUBLICATION "BEYOND KEY CHARACTERISTICS OF CARCINOGENS: AN IMPROVED APPROACH FOR INTEGRATING MECHANISTIC DATA IN CANCER RISK MONOGRAPHS"

  • AMERICAN INSTITUTE OF CHEMICAL ENGINEERS

    $87,000

    FOR THE BENEFIT OF HBCU WEEK 2024 COLLEGE FAIR

  • SUMMIT STRATEGY GROUP LLC

    $85,000

    SUPPORT THE WATER AND HEALTH ADVISORY COUNCIL IN ANALYZING VARIOUS DRINKING WATER POLICIES

  • UNIVERSITY OF ROCHESTER

    $75,000

    TO SUPPORT THE RESEARCH PROPOSED BY DR. ALISON ELDER ENTITLED ANALYSIS OF AIRBORNE MICROPLASTICS IN OUTDOOR ENVIRONMENTS AND TO SUPPORT THE RESEARCH PROPOSED BY DR. SAMANTHA ROMANICK ENTITLED CHARACTERIZATION OF HIGHLY REFERENCED COMMERCIAL MONODISPERSED MICROPLASTICS TEST MATERIALS

  • THE PENNSYLVANIA STATE UNIVERSITY

    $50,000

    TO SUPPORT RESEARCH PROPOSED BY DR. XIAOSHI ZHANG ENTITLED UNDERSTANDING LOWER SIZE LIMITS OF MICROPLASTICS AND CHALLENGES FOR THEIR DECTECTION IN COMPLEX SAMPLES

  • SERVE YOUR CITY

    $35,000

    TO BENEFIT EDUCATION PROGRAMS, SUCH AS BACK TO SCHOOL BASH

  • LAKIND ASSOCIATES LLC

    $20,000

    TO SUPPORT CREATING AND SUSTAINING SUCCESSFUL PUBLIC - PRIVATE PARTNERSHIPS FOR ENVIRONMENTAL MONITORING PROGRAMS: PRINCIPLES AND ELEMENTS

  • CHEMICAL EDUCATIONAL FOUNDATION

    $10,000

    TO SUPPORT YOU BE THE CHEMIST CHALLENGE

  • HEALTH AND ENVIRONMENTAL SCIENCES INSTITUTE

    $10,000

    SUPPORT TO ADVANCE SCIENTIFIC RESEARCH AND PROMOTING SOUND RISK ASSESSMENT PRACTICES THAT PROTECT PUBLIC HEALTH

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • AMERICAN CHEMISTRY COUNCIL

    501(C)(6) · ADVOCACY · NY

  • AMERICAN CHEMISTRY COUNCIL POLITICAL ACTION COMMITTEE

    527 · POLITICAL ACTIVITIES · DC

    Directly controlled by AMERICAN CHEMISTRY COUNCIL

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202533189349311398

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