Public Charity

UNIVERSITY OF THE AFTERMARKET FOUNDATION

UNIVERSITY OF THE AFTERMARKET FOUNDATION, of BETHESDA, MD, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $2.4M in revenue, $1.2M in expenses, $14.5M in total assets. 25 publicly reported grants to this organization, totaling roughly $503K, appear in IRS filings.

EIN: 431414291 BETHESDA, MD Latest filing: 2025
Total Revenue$2.4M
Total Expenses$1.2M
Total Assets$14.5M
Grant Records25
Funding Total$503K
Filing Years2021–2025

Mission

TO PROVIDE SCHOLARSHIPS TO INDIVIDUALS THAT ARE INTERESTED IN PURSUING A CAREER IN THE AUTOMOTIVE AFTERMARKET OR ATTENDING INDUSTRY RELATED COURSES AND TO SUPPORT THE RESEARCH, DEVELOPMENT, AND UTILIZATION OF INNOVATIVE METHODS OF EDUCATING ADULTS.

Where $100 goes at University of the Aftermarket Foundation

How University of the Aftermarket Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$77 Programs the work itself
$23 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $77 for programs

$77
Scholarships
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
Contribution to foundation offering scholarships to individuals seeking employment in the automotive and commercial vehicle aftermarket.
$75,000
$15,000
$11,500
2024
FOR RECIPIENT'S EXEMPT PURPOSE
$8,000
2024
RELIGION RELATED
$6,000

Showing up to 5 of 25 total records — full history available with membership.

Officers & Directors

TRUSTEE Bill Babcox
TRUSTEE Bill Hanvey
TREASURER Bill Maggs
TRUSTEE Bill Stroupe
CHAIRMAN EMERITUS Bob Egan
TRUSTEE Chris Gardner

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$264,000 12 grants
Education
$166,500 6 grants
Religion & Spirituality
$42,500 5 grants
Arts & Culture
$10,000 1 grant
Unspecified
$20,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $2.4M $1.2M $14.5M
2024 $2.1M $1.0M $12.8M
2023 $1.5M $932K $10.8M
2022 $1.4M $828K $9.7M
2021 $1.6M $708K $10.4M

Between 2021 and 2025, reported annual revenue grew from $1.6M to $2.4M (+54%), with total assets most recently reported at $14.5M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for UNIVERSITY OF THE AFTERMARKET FOUNDATION

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