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Asis Foundation INC FY2020 filing

Tax-deductible

Alexandria, VA501(c)(3)Since 1966 EIN 52-0848090Revenue $302K in FY2020Latest return filed May 13, 2026

On file with the IRSasisonline.org/about-asis/asis-foundation1625 Prince Street, 22314-2882 · Alexandria, VATax-exempt since Mar 1967Publicly supported charity — 170(b)(1)(A)(vi)

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The mission of the Asis Foundation, INC. Is to support and promote evidence-based research and provide scholarships for the global security profession.

501(c)(3) charity; gifts are tax-deductible.
88¢ 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
3 of 6
filings with a surplus
Average deficit $65K a year · 30% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
10 mo
of spending, in cash
Plus $1.5M in investments, Pt X · Ln 11–13
Looks good: 9.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$23K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$302K
Spent
$220K
To programs
88%
Net assets
$1.7M
By yearFY2020–FY2025
Revenue
$302K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$302K
FY2021$229K
FY2022$256K
FY2023$195K
FY2024$141K
FY2025$191K
Expenses
$220K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$220K
FY2021$482K
FY2022$377K
FY2023$307K
FY2024$140K
FY2025$180K
Net assets
$1.7M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.7M
FY2021$1.8M
FY2022$1.3M
FY2023$1.3M
FY2024$1.4M
FY2025$1.4M

From the FY2020 Form 990 (year ending June 2020) · 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 Mar 1967.

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

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $195K Management & general 11% · $25K Fundraising 0% · $549

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

21 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Beth McFarland Pierce Cae
Foundation Director
$0Pt VII · Sec A
Cy a Oatridge Cpp
Chair of the Board
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Asis Foundation INC executive salaries →

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 15aYes

Programs and updates

Offers scholarships for global security professionals to advance research and education.

Questions for Asis Foundation INC

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2 programs · $195K · in their own filed words · FY2019
01

Evidence

Based research for the security industry.

$104Kprogram expense
02

Scholarships

Provide scholarship awards for individuals pursuing degrees AND/OR certifications in security.

$91Kprogram 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 · FY2020
Fidelity Investments Charitable Gift FundFY2020$6K
Total grants receivedfrom 1 funder$6K
Grants paid · 7 grants · $372K · 2019–2024
Unitemized GrantFY2024$24,647
Unitemized GrantFY2023$27,616
Unitemized GrantFY2022$42,685
Unitemized GrantFY2021$80,992
Unitemized GrantFY2020$116,586
Unitemized GrantFY2019$69,232
Dewitt Clinton Elementary SchoolFY2019$10,000

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$302K
Ln 12
Gifts and grantsLn 1h$255K
Investment incomeLn 3$50K
Money outPt IX
$220K
Ln 25
Programscol B$195K
Managementcol C$25K
Fundraisingcol D$549
Owns and owesPt X
$1.7M
net assets · Ln 32
Cash and savingsLn 1–2$178K
Total assetsLn 16$1.7M
LiabilitiesLn 26$23K
PeoplePt VI, VII
21
listed · VII A
PaidVII A0
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$255K
Fundraising eventsLn 1c$19K
Investment incomeLn 3$50K
Total revenueLn 12$302K
Assets in detailPt X, end of year
SavingsLn 2$178K
Cash and savings togetherLn 1–2$178K
InvestmentsLn 11–13$1.5M
Other assetsLn 15$0
Total assetsLn 16$1.7M
LiabilitiesLn 26$23K
Net assetsLn 32$1.7M
OperationsPt I, VI
EmployeesI 50
VolunteersI 613
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
EndowmentSch D · Pt V
LineFY20FY19FY18FY17FY16
End of yearLn 1g$441K$446K$431K$498K$448K
Given inLn 1b$2K
SpentLn 1d–1f$23K$7K$9K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$105K$178K
InvestmentsLn 11–13$1.5M$1.5M
Total assetsLn 16$1.7M$1.7M
LiabilitiesLn 26$31K$23K
Net assetsLn 32$1.6M$1.7M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$10K$10K
Grants to domestic individualsLn 2$69K$69K
Accounting feesLn 11c$10K$10K
Investment management feesLn 11f$8K$8K
Other fees for servicesLn 11g$103K$103K$48
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$2K$1K$771
Information technologyLn 14$6K$5K$549
TravelLn 17$6K$638$5K
Conferences, conventions and meetingsLn 19$6K$6K
Other expenses (24a–d)Ln 24$9$9
Total functional expensesLn 25$220K$195K$25K$549

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 13, 2026 $191K$180K$11K$1.4M 990 PDF
FY2024Filed with the IRS May 9, 2025 $141K$140K$930$1.4M 990 PDF
FY2023Filed with the IRS May 9, 2024 $195K$307K−$112K$1.3M 990 PDF
FY2022Filed with the IRS May 10, 2023 $256K$377K−$121K$1.3M 990 PDF
FY2021Filed with the IRS May 10, 2022 $229K$482K−$253K$1.8M 990 PDF
FY2020 ViewingFiled with the IRS May 13, 2021 $302K$220K$81K$1.7M 990 PDF

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 $301,504 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $217,764$254,880
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $47,638$49,557
I-11 Other revenuePrior year −$6,266−$2,933
I-12 Total revenuePrior year $259,136$301,504
I-13 Grants and similar amounts paidPrior year $46,917$79,232
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 $110,811$141,010
I-18 Total expensesPrior year $157,728$220,242
I-19 Revenue less expensesPrior year $101,408$81,262
Part VI · Governance 14 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $301,504 across 6 lines filed
Lines not itemized here account for $5 of total revenue; see the IRS return.
VIII-1c Fundraising events$18,633
VIII-1f All other contributions, gifts and grants$236,247
VIII-1h Total contributions, gifts and grants$254,880
VIII-3 Investment incomeExcluded from tax $49,557$49,557
VIII-8 Net income from fundraising eventsExcluded from tax −$2,938−$2,938
VIII-12 Total revenueRelated to mission $5 · Unrelated business $0 · Excluded from tax $46,619$301,504
Part IX · Statement of functional expenses $220,242 across 11 lines filed
IX-1 Grants to domestic organizationsPrograms $10,000$10,000
IX-2 Grants to domestic individualsPrograms $69,232$69,232
IX-11c Accounting feesManagement $10,180$10,180
IX-11f Investment management feesManagement $7,569$7,569
IX-11g Other fees for servicesPrograms $103,087 · Management $48$103,135
IX-12 Advertising and promotionManagement $1,278$1,278
IX-13 Office expensesPrograms $1,185 · Management $771$1,956
IX-14 Information technologyPrograms $4,958 · Fundraising $549$5,507
IX-17 TravelPrograms $638 · Management $5,065$5,703
IX-19 Conferences, conventions and meetingsPrograms $5,673$5,673
IX-24 Other expenses (24a–d)Management $9$9
IX-25 Total functional expensesPrograms $194,773 · Management $24,920 · Fundraising $549$220,242
Part X · Balance sheet $1,711,296 assets, 15 lines filed
X-2 Savings and temporary cash investmentsStart of year $104,605$178,478
X-4 Accounts receivableStart of year $0$7,683
X-8 Inventories for sale or useStart of year $282$282
X-9 Prepaid expenses and deferred chargesStart of year $1,459$0
X-11 Publicly traded securitiesStart of year $1,492,912$1,524,853
X-15 Other assetsStart of year $61,754$0
X-16 Total assetsStart of year $1,661,012$1,711,296
X-17 Accounts payable and accrued expensesStart of year $0$13,010
X-19 Deferred revenueStart of year $30,581$807
X-25 Other liabilitiesStart of year $0$9,161
X-26 Total liabilitiesStart of year $30,581$22,978
X-27 Net assets without donor restrictionsStart of year $1,104,978$1,169,850
X-28 Net assets with donor restrictionsStart of year $525,453$518,468
X-32 Total net assets or fund balancesStart of year $1,630,431$1,688,318
X-33 Total liabilities and net assetsStart of year $1,661,012$1,711,296
Part XI · Reconciliation of net assets $1,688,318 net assets at year end
XI-1 Total revenue$301,504
XI-2 Total expenses$220,242
XI-3 Revenue less expenses$81,262
XI-4 Net assets at start of year$1,630,431
XI-5 Net unrealized gains (losses) on investments−$23,375
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,688,318

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

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