AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS FOUNDATION
220 LEIGH FARM ROAD, DURHAM, NC 277078110 www.aicpa.org

Total Revenue
$1,315,617
Total Expenses
$2,041,356
Net Assets
$12,511,421

Organizations Filed Purposes: TO ADVANCE THE SCIENCE OF ACCOUNTANCY AND TO DEVELOP AND IMPROVE ACCOUNTANCY EDUCATION THROUGH PROGRAMS FOCUSING ON CULTURAL DIVERSITY IN THE ACCOUNTING PROFESSION, ETHICAL BUSINESS BEHAVIOR AND FINANCIAL LITERACY, AMONG OTHER PROGRAMS.

ACCOUNTING EDUCATION AND RESEARCH: THE FOUNDATION PROVIDES SCHOLARSHIPS TO ACCOUNTING PHD STUDENTS TO HELP ADDRESS THE SHORTAGE OF PHD ACCOUNTING FACULTY AT COLLEGES AND UNIVERSITIES. MORE THAN 100 ADS PROGRAM SCHOLARS ENROLLED IN ACCOUNTING DOCTORAL PROGRAMS ACROSS THE UNITED STATES.THE AICPA FOUNDATION TWO-YEAR TRANSFER SCHOLARSHIP WAS ESTABLISHED IN 2013. THIS AWARD PROVIDES FINANCIAL ASSISTANCE TO STUDENTS AT TWO-YEAR COLLEGES STUDYING BUSINESS, ACCOUNTING, FINANCE OR ECONOMICS WITH A DECLARED INTENT TO MAJOR IN ACCOUNTING AT A FOUR-YEAR COLLEGE OR UNIVERSITY. RECIPIENTS OF THE JOHN L. CAREY SCHOLARSHIP PROGRAM ARE GIVEN FINANCIAL ASSISTANCE FOR THE PURSUIT OF GRADUATE ACCOUNTING STUDY. THE JUDICIAL COLLEGE PROGRAM SERVES TO INFORM AND EDUCATE JUSTICES ON CURRENT ACCOUNTING AND AUDITING ISSUES.THE ACCOUNTING PROGRAM FOR BUILDING THE PROFESSION IS AN EFFORT TO TRAIN HIGH SCHOOL EDUCATORS TO TEACH ADVANCED ACCOUNTING COURSES, WITH A LONG TERM GOAL OF ACHIEVING THE COLLEGE BOARD'S APPROVAL OF A HIGH SCHOOL CURRICULUM AND EXAMINATION THAT IS ACCREDITED FOR ADVANCED PLACEMENT.

THE AICPA MINORITY ACCOUNTING SCHOLARSHIPS PROVIDE FINANCIAL AWARDS TO OUTSTANDING MINORITY STUDENTS SHOWING SIGNIFICANT POTENTIAL TO BECOME CPAS. THE AICPA ACCOUNTING SCHOLARS DEVELOPMENT PROGRAM INCREASES RISING MINORITY SOPHOMORE COMMUNITY COLLEGE STUDENTS AWARENESS OF CAREERS IN ACCOUNTING, IMPROVES THEIR FINANCIAL LITERACY SKILLS AND GUIDES THEM THROUGH THE PROCESS OF TRANSFERRING TO INSTITUTIONS THAT OFFER DEGREE PROGRAMS THAT MEET THE EDUCATIONAL REQUIREMENTS FOR CPA LICENSING.THE FOUNDATION IS A LONG-TIME SUPPORTER OF INROADS, A NOT-FOR-PROFIT CAREER DEVELOPMENT ORGANIZATION THAT PREPARES TALENTED MINORITY YOUTH FOR PROFESSIONAL AND MANAGERIAL CAREERS IN BUSINESS AND INDUSTRY. THE FOUNDATION'S MINORITY DOCTORAL FELLOWSHIP PROGRAM ENSURES THAT CPAS OF DIVERSE BACKGROUNDS ARE VISIBLE IN COLLEGE AND UNIVERSITY CLASSROOMS AND SERVE AS ROLE MODELS AND MENTORS TO YOUNG PEOPLE WHO ARE PLANNING THEIR EDUCATION AND CAREERS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Timothy LaspalutoASSISTANT TREASURER0.3$0
Joanne FioreSECRETARY0.3$0
Wynne BakerTRUSTEE0.3$0
William EzzellTRUSTEE (OUTGOING)0.3$0
Tonya FlesherTRUSTEE0.3$0
Tamara BenskyTRUSTEE0.3$0
Ronald YatesTRUSTEE (OUTGOING)0.3$0
Ralph ThomasTRUSTEE0.3$0
Paula ThomasTRUSTEE0.3$0
Louis GriegoTRUSTEE0.3$0
John SchiffmanTRUSTEE0.3$0
Joseph FalboBOARD LIAISON0.3$0
Jina-Michele EtienneTRUSTEE0.3$0
Jerry MaginnisTREASURER0.3$0
Ernest AlmontePRESIDENT0.3$0
Eduardo JordanTRUSTEE0.3$0
Benjamin EllingsonTRUSTEE (OUTGOING)0.3$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202043049349301939_public.xml