Public Charity

ASPHALT INSTITUTE FOUNDATION INC

Based in LEXINGTON, KY, ASPHALT INSTITUTE FOUNDATION INC operates as a Public Charity. The organization reported $661K in revenue, $499K in expenses, $4.8M in total assets for fiscal year 2024. Imperigo tracks 11 reported grant relationships connected to this organization totaling approximately $181K.

EIN: 471154832 LEXINGTON, KY Latest filing: 2024
Total Revenue$661K
Total Expenses$499K
Total Assets$4.8M
Grant Records11
Funding Total$181K
Filing Years2019–2024

Mission

SEE SCHEDULE O.

Sample Grants Received

2024
PROVIDE SUPPORT TO RELATED ORGANIZATION TO CONDUCT RESEARCH AND EDUCATIONAL ACTIVITIES THAT ARE DESIGNED TO ADVANCE AND IMPROVE BOTH THE LIQUID ASPHALT INDUSTRY AND THE WELFARE OF THE GENERAL PUBLIC.
$10,000
2023
PROVIDE SUPPORT TO RELATED ORGANIZATION TO CONDUCT RESEARCH AND EDUCATIONAL ACTIVITIES THAT ARE DESIGNED TO ADVANCE AND IMPROVE BOTH THE LIQUID ASPHALT INDUSTRY AND THE WELFARE OF THE GENERAL PUBLIC.
$10,035
2022
For grant recipient's exempt purposes
$100,000
2022
PROVIDE SUPPORT TO RELATED ORGANIZATION TO CONDUCT RESEARCH AND EDUCATIONAL ACTIVITIES THAT ARE DESIGNED TO ADVANCE AND IMPROVE BOTH THE LIQUID ASPHALT INDUSTRY AND THE WELFARE OF THE GENERAL PUBLIC.
$10,012
2021
PROVIDE SUPPORT TO RELATED ORGANIZATION TO CONDUCT RESEARCH AND EDUCATIONAL ACTIVITIES THAT ARE DESIGNED TO ADVANCE AND IMPROVE BOTH THE LIQUID ASPHALT INDUSTRY AND THE WELFARE OF THE GENERAL PUBLIC BY ENCOURAGING THE DEVELOPMENT OF RESEARCH IN SCIENCE AND TECHNOLOGY.
$10,022

Showing up to 5 of 11 total records — full history available with membership.

Officers & Directors

VICE CHAIR Bob Cheever
AI VICE CHAIR Charles Boan
DIRECTOR Chris Campbell
DIRECTOR OF FINANCE AND ADMINISTRATION Danielle Steinberg
DIRECTOR Dave Henderson
IMMEDIATE PAST AIF BOARD CHAIR Harold Chip Ray

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$100,000 1 grant
PROVIDE SUPPORT TO RELATED ORGANIZATION TO CONDUCT RESEARCH AND EDUCATIONAL ACTIVITIES THAT ARE DESIGNED TO ADVANCE AND IMPROVE BOTH THE LIQUID ASPHALT INDUSTRY AND THE WELFARE OF THE GENERAL PUBLIC BY ENCOURAGING THE DEVELOPMENT OF RESEARCH IN SCIENCE AND TECHNOLOGY.
$35,814 3 grants
PROVIDE SUPPORT TO RELATED ORGANIZATION TO CONDUCT RESEARCH AND EDUCATIONAL ACTIVITIES THAT ARE DESIGNED TO ADVANCE AND IMPROVE BOTH THE LIQUID ASPHALT INDUSTRY AND THE WELFARE OF THE GENERAL PUBLIC.
$30,047 3 grants
ECONOMIC DEVELOPMENT
$14,750 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $661K $499K $4.8M
2023 $890K $244K $4.5M
2022 $896K $337K $3.1M
2020 $334K $83K $2.7M
2019 $1.5M $92K $2.1M

Between 2019 and 2024, reported annual revenue declined from $1.5M to $661K (-56%), with total assets most recently reported at $4.8M.

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

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