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Ince Foundation INC FY2020 filing

Tax-deductible

Wakefield, MA501(c)(3)Since 1993Foundations & Grantmakers EIN 14-1761628Revenue $90K in FY2020

On file with the IRSincefoundation.org401 Edgewater Pl Ste 600, 01880-6200 · Wakefield, MATax-exempt since Aug 1998Publicly supported charity — 170(b)(1)(A)(vi)

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Ince Foundation, INC. Funds awards for best student papers, travel awards, scholarships, and projects following review and recommendation by the institute of noise control engineering of the USA (Ince-USA). The Foundation co-sponsors workshops and symposia as follow-up to the 2010 national academy of engineering consensus report "technology for a quieter america".

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $34K a year · 44% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
82 mo
of spending, in cash
Plus $338K in investments, Pt X · Ln 11–13
Looks good: 82.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$90K
Spent
$39K
To programs
99%
Net assets
$605K
By yearFY2020–FY2025
Revenue
$90K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$90K
FY2021$60K
FY2022$48K
FY2023$61K
FY2024$65K
FY2025$144K
Expenses
$39K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$39K
FY2021$36K
FY2022$36K
FY2023$49K
FY2024$53K
FY2025$50K
Net assets
$605K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$605K
FY2021$630K
FY2022$641K
FY2023$654K
FY2024$666K
FY2025$760K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1998.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $38K Management & general 1% · $253 Fundraising 1% · $275

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation
Eric W Wood
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Gordon Ebbitt
Vice President of Development
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Ince Foundation INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Ince Foundation INC is a public foundation based in Wakefield, MA, formed in 1993.

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Provided by the organization

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2 programs · $38K · in their own filed words · FY2020
01

As part of its technology for a quieter america (tqa) program, the ince foundation funded the following:* the ince foundation co-sponsored a two-day virtual workshop "aerial mobility: noise issues and technology." the workshop was hosted by the national academy of engineering on december 2 - 3, 2020.

$23Kprogram expense
02

Awards and medals funded by the ince foundation during cy 2020 are listed below:* INCE/USA student paper awards funded to five students and presented during noise-con 2020 conference * INCE/USA classic paper in noise control engineering student presentation award funded during noise-con 2020* leo beranek medals for excellence in noise…

$15Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
E L & R F Hallberg FoundationFY2024$5K
Total grants receivedfrom 1 funder$5K
Grants paid · 13 grants · $134K · 2020–2025
Unitemized GrantFY2025$12,600
Unitemized GrantFY2025$6,000
Board of Regents of the University of NebraskaNE · FY2025$6,000
Unitemized GrantFY2025$4,000
Unitemized GrantFY2024$19,800
Pennsylvania State UniversityFY2024$6,000
Rensselaer Polytechnic InstituteNY · FY2024$6,000
Unitemized GrantFY2023$24,400
Board of Regents of the University of NebraskaNE · FY2023$6,000
Unitemized GrantFY2022$14,000
Unitemized GrantFY2021$12,185
Michigan Tech FundMI · FY2021$6,000
Unitemized GrantFY2020$11,500

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$90K
Ln 12
Gifts and grantsLn 1h$66K
Investment incomeLn 3$24K
Money outPt IX
$39K
Ln 25
Programscol B$38K
Managementcol C$253
Fundraisingcol D$275
Owns and owesPt X
$605K
net assets · Ln 32
Cash and savingsLn 1–2$267K
Total assetsLn 16$605K
LiabilitiesLn 26$0
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$66K
Investment incomeLn 3$24K
Gains on assetsLn 7$15K
Total revenueLn 12$90K
Assets in detailPt X, end of year
SavingsLn 2$267K
Cash and savings togetherLn 1–2$267K
InvestmentsLn 11–13$338K
Total assetsLn 16$605K
LiabilitiesLn 26$0
Net assetsLn 32$605K
OperationsPt I, VI
EmployeesI 50
VolunteersI 611
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$285K$267K
InvestmentsLn 11–13$269K$338K
Total assetsLn 16$554K$605K
LiabilitiesLn 26$0$0
Net assetsLn 32$554K$605K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$12K$12K
Management feesLn 11a$350$75$275
Office expensesLn 13$6K$5K$178
Conferences, conventions and meetingsLn 19$18K$18K
Other expenses (24a–d)Ln 24$4K$4K
Total functional expensesLn 25$39K$38K$253$275

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $144K$50K$94K$760K 990 PDF
FY2024 $65K$53K$13K$666K 990 PDF
FY2023 $61K$49K$12K$654K 990 PDF
FY2022 $48K$36K$12K$641K 990 PDF
FY2021 $60K$36K$25K$630K 990 PDF
FY2020 Viewing $90K$39K$51K$605K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $89,777 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $29,310$66,050
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $18,755$23,727
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $48,065$89,777
I-13 Grants and similar amounts paidPrior year $18,509$11,500
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $22,275$27,411
I-18 Total expensesPrior year $40,784$38,911
I-19 Revenue less expensesPrior year $7,281$50,866
Part VI · Governance 9 of 9 board members independent, 4 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $89,777 across 5 lines filed
VIII-1f All other contributions, gifts and grants$66,050
VIII-1h Total contributions, gifts and grants$66,050
VIII-3 Investment incomeExcluded from tax $8,459$8,459
VIII-7 Net gain or loss on sales of assetsExcluded from tax $15,268$15,268
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $23,727$89,777
Part IX · Statement of functional expenses $38,911 across 5 lines filed
IX-2 Grants to domestic individualsPrograms $11,500$11,500
IX-11a Management feesManagement $75 · Fundraising $275$350
IX-13 Office expensesPrograms $5,420 · Management $178$5,598
IX-19 Conferences, conventions and meetingsPrograms $17,554$17,554
IX-24 Other expenses (24a–d)Programs $3,909$3,909
IX-25 Total functional expensesPrograms $38,383 · Management $253 · Fundraising $275$38,911
Part X · Balance sheet $605,164 assets, 6 lines filed
X-2 Savings and temporary cash investmentsStart of year $285,267$267,049
X-11 Publicly traded securitiesStart of year $269,011$338,115
X-16 Total assetsStart of year $554,278$605,164
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $554,278$605,164
X-33 Total liabilities and net assetsStart of year $554,278$605,164
Part XI · Reconciliation of net assets $605,164 net assets at year end
XI-1 Total revenue$89,777
XI-2 Total expenses$38,911
XI-3 Revenue less expenses$50,866
XI-4 Net assets at start of year$554,278
XI-5 Net unrealized gains (losses) on investments$20
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$605,164

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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