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Nonprofiteer
← AIP FOUNDATION INC

Form 990 for tax year 2024

Filed by AIP FOUNDATION INC.

Totals

Total revenue
$2,957,715
Total expenses
$2,811,594
Contributions and grants received
$2,933,093
Grants paid
$0
Program service revenue
$0
Investment income
$24,622
Other revenue
$0
Total assets, end of year
$3,601,037
Total liabilities, end of year
$1,187,877
Net assets or fund balances, end of year
$2,413,160
Program services expenses (Part IX)
$1,798,783
Management and general expenses
$993,044
Fundraising expenses
$19,767
Program service expenses (Part III)
$1,798,783

Program services were 64.0% 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.

  • 1e · Government grants (contributions)

    $54,306

  • 1f · All other contributions, gifts and grants

    $2,878,787

  • 3 · Investment income

    total $24,622 · excluded $24,622

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $291,200 · management and general $291,200

  • 7 · Other salaries and wages

    total $705,621 · program services $460,458 · management and general $245,163

  • 9 · Other employee benefits

    total $145,876 · program services $52,328 · management and general $93,548

  • 10 · Payroll taxes

    total $240,687 · program services $135,565 · management and general $105,122

  • 11b · Fees: legal

    total $1,975 · management and general $1,975

  • 11c · Fees: accounting

    total $18,712 · management and general $18,712

  • 11g · Fees: other

    total $3,482 · management and general $3,482

  • 12 · Advertising and promotion

    total $3,785 · management and general $3,785

  • 13 · Office expenses

    total $27,350 · management and general $27,350

  • 16 · Occupancy

    total $66,212 · management and general $66,212

  • 17 · Travel

    total $24,421 · management and general $4,742 · fundraising $19,679

  • 19 · Conferences, conventions and meetings

    total $88 · fundraising $88

  • 20 · Interest

    total $743 · management and general $743

  • 24a · Other expenses: PROGRAM EXPENSE

    total $1,150,432 · program services $1,150,432

  • 24b · Other expenses: FOREIGN EXCH LOSSES

    total $83,240 · management and general $83,240

  • 24c · Other expenses: STAFF RETREAT

    total $16,928 · management and general $16,928

  • 24d · Other expenses: WORK PERMITS

    total $8,656 · management and general $8,656

  • 24e · All other expenses

    total $22,186 · management and general $22,186

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,258,529 · end of year $2,599,223

  • 2 · Savings and temporary cash investments

    beginning of year $326,080 · end of year $179,344

  • 4 · Accounts receivable

    beginning of year $68,492 · end of year $17,491

  • 12 · Investments: other securities

    beginning of year $186,877

  • 15 · Other assets

    beginning of year $826,534 · end of year $804,979

  • 17 · Accounts payable and accrued expenses

    beginning of year $504,498 · end of year $1,187,877

  • 27 · Net assets without donor restrictions

    beginning of year $2,162,014 · end of year $2,413,160

Mission and programs · 2024

Mission

AIP FOUNDATION'S MISSION IS TO DELIVER EFFECTIVE INTERVENTIONS THAT IMPROVE ROAD SAFETY IN LOW AND MIDDLE-INCOME COUNTRIES.

Activities or mission (Part I)

AIP FOUNDATION'S MISSION IS TO DELIVER EFFECTIVE INTERVENTIONS THAT IMPROVE ROAD SAFETY IN LOW & MIDDLE-INCOME COUNTRIES.

  • SAFE SCHOOL ZONES AND SPEED REDUCTION: AIP FOUNDATION WORKS WITH GOVERNMENTS, CIVIL SOCIETY AND LOCAL COMMUNITIES TO CREATE SAFER, MORE WALKABLE ENVIRONMENTS FOR CHILDREN AND YOUTH. WE INCORPORATE COMPREHENSIVE INTERVENTIONS INCLUDING TARGETED EDUCATION, ROAD INFRASTRUCTURE MODIFICATIONS, PUBLIC AWARENESS CAMPAIGNS, AND ADVOCACY FOR SAFER SPEEDS AND SPEED LIMIT ENFORCEMENT IN SCHOOL ZONES. THESE PROGRAMS ARE CARRIED OUT ACROSS OUR COUNTRIES.

    Expenses $1,527,381

  • HELMET SAFETY & SAFE DRIVING SKILLS: OUR HELMET SAFETY AND SAFE DRIVING SKILLS PROGRAMS ARE BEING IMPLEMENTED IN SEVERAL COUNTRIES EDUCATING MOTORCYCLE DRIVERS AND CHILD PASSENGERS ABOUT THE IMPORTANCE OF QUALITY HELMET USE, AS WELL AS TEACHING YOUNG DRIVERS SAFE DRIVING SKILLS. THE PROGRAMS INCLUDE THE PROVISION OF HELMETS, EDUCATION AND TRAINING, AND AWARENESSRAISING ACTIVITIES.

    Expenses $37,988

  • COMMUNITY SAFETY FOR WORKERS:THROUGH A VARIETY OF PROGRAMS, WE IMPROVE THE COMMUTES OF GARMENT AND FOOTWEAR WORKERS TO AND FROM FACTORIES. AIP FOUNDATION PROMOTES THE TRANSITION TO SAFE AND SEATED PASSENGER VEHICLES, DRIVEN BY APPROPRIATELY QUALIFIED DRIVERS, AND ADVOCATES FOR THE ADOPTION OF COMMUTING SAFETY POLICIES AT FACTORY LEVEL. WE ALSO WORK TO IMPROVE INFRASTRUCTURE AND TRAFFIC MANAGEMENT AROUND FACTORIES.

    Expenses $82,953

  • SEATBELTS AND CHILD RESTRAINTS: TO RAISE THE AWARENESS OF THE IMPORTANCE OF CHILD PASSENGER SAFETY, WE IMPLEMENTED PROGRAMS WHICH INCLUDE THE FOLLOWING COMPONENTS: COMMUNICATION CAMPAINGS, AWARENESS EVENTS, AND PARENT WORKSHOPS.

    Expenses $150,461

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

Listed in Part VII

  • Greig F Craft

    PRESIDENT

    Total calculated
    $234,448
    From this org
    $149,496
    From related orgs
    $0
    Other
    $84,952
    Hours/week
    40
  • Hoang Thi Na Huong

    DEPUTY CEO

    Total calculated
    $2,500
    From this org
    $2,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Joseph Ingegneri

    DIRECTOR

    Total calculated
    $6,000
    From this org
    $6,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Mai Anh Tran

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0
  • Mirjam Sidik

    CEO

    Total calculated
    $139,698
    From this org
    $133,204
    From related orgs
    $0
    Other
    $6,494
    Hours/week
    40

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.

Schedule J

Answered yes

  • 1a · First-class or charter travel
  • 1b · Written policy on the line-1a expenses

Answered no

  • 2 · Substantiation required before reimbursing expenses
  • 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 1A
AS A PART OF HIS COMPENSATION PACKAGE, THE PRESIDENT IS PROVIDED FIRST CLASS TRAVEL FOR HIS ANNUAL HOME LEAVE.

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
15 October 2025
IRS schema version
2024v5.2
Source object
202523009349302452

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