National Science & Technology Medals Foundation is located in Washington, DC. The organization was established in 1991. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, National Science & Technology Medals Foundation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Science & Technology Medals Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, National Science & Technology Medals Foundation generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 34.4% each year . All expenses for the organization totaled $1.5m during the year ending 12/2022. While expenses have increased by 36.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE NSTMF'S MISSION IS TO BUILD INCLUSIVE STEM COMMUNITIES ACROSS THE UNITED STATES. FUNDAMENTAL TO THESE COMMUNITIES ARE THE SIGNIFICANT, INSPIRATIONAL CONNECTIONS WE FOSTER BETWEEN THE INDIVIDUALS WHO HAVE RECEIVED NATIONAL RECOGNITION FOR EXCELLENCE IN STEM AND TODAYS DIVERSE GENERATION OF COLLEGE AND HIGH SCHOOL STUDENTS. TOGETHER THEY WILL PAVE THE WAY FOR A MORE EQUITABLE FUTURE IN SCIENCE AND TECHNOLOGY. OUR VISION IS TO BE A DRIVING FORCE IN CREATING A WORLD IN WHICH THE DIVERSITY OF THE AMERICAN SOCIETY IS REFLECTED IN THE RECIPIENTS OF ALL PRESTIGIOUS STEM HONORS, INCLUDING FUTURE LAUREATE CLASSES OF THE NATIONAL MEDAL OF SCIENCE AND THE NATIONAL MEDAL OF TECHNOLOGY AND INNOVATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE INSTEM MENTORSHIP PROGRAM: IS AN AUXILIARY SUPPORT NETWORK OF AND FOR UNDERGRADUATE STUDENTS FROM UNDERREPRESENTED COMMUNITIES STUDYING STEM. STUDENTS ARE LEAVING STEM MAJORS AT AN ALARMINGLY FAST RATE. STUDENTS FROM UNDERREPRESENTED COMMUNITIES ARE EVEN LESS LIKELY TO GRADUATE WITH THEIR STEM DEGREES. EFFECTIVE MENTORSHIP HAS PROVEN SUCCESSFUL IN RETAINING STUDENTS IN STEM PROGRAMS, ESPECIALLY THOSE FROM UNDERREPRESENTED COMMUNITIES. INSTEM OFFERS AN INVALUABLE OPPORTUNITY FOR ALL STUDENTS TO CONNECT WITH THEIR PEERS AND FACULTY WHILE FEELING SUPPORTED IN AN ENVIRONMENT THAT CAN BE SUBJECT TO A LACK OF DIVERSITY AND INCLUSION. INSTEM OFFERS FOUR YEARS OF PROGRAMMING; EACH HAS A THEME BASED ON THE SCHOLARS' NEEDS FOR THE CURRENT SCHOOL YEAR. EACH COHORT INCLUDES 15 INSTEM SCHOLARS AND ONE COACH, A STEM PROFESSOR, OR AN ESTABLISHED GRADUATE STUDENT AT THE INSTITUTION. STEM EXPERTS VISIT COHORTS TO LEAD WORKSHOPS AND PROVIDE INSIGHTS INTO THE GREATER STEM COMMUNITY.
NATIONAL MEDALS EVENTS - SINCE ITS INCEPTION, THE NSTMF HAS HONORED THE MEN AND WOMEN WHO RECEIVE AMERICAS HIGHEST HONORS IN SCIENCE AND TECHNOLOGY: THE NATIONAL MEDAL OF SCIENCE AND THE NATIONAL MEDAL OF TECHNOLOGY AND INNOVATION. THESE MEDALS, BESTOWED BY THE PRESIDENT OF THE UNITED STATES, RECOGNIZE THOSE WHO LEAD OUR COUNTRY AND THE WORLD IN SCIENTIFIC AND TECHNOLOGICAL ADVANCEMENT. THEIR PASSION FOR KNOWLEDGE HAS TAKEN US BEYOND OUR PLANET, TO THE BOTTOM OF OUR SEAS, AND DEEP WITHIN THE NEURAL PATHWAYS OF THE HUMAN BRAIN. THE NSTMF HONORS THESE ACCOMPLISHMENTS BY HOSTING THE NATIONAL MEDALS CELEBRATION, A THREE-DAY CELEBRATION OF INGENUITY AND EXCELLENCE IN STEM. THE CELEBRATION HONORS THE NEW CLASS OF LAUREATES, THE BROADER LAUREATE COMMUNITY, AND LEADERS IN THE STEM COMMUNITY DOING EXCELLENT WORK IN THE LAB AND IN SUPPORT OF THEIR COMMUNITY. THE NSTMF HOSTS THE NATIONAL MEDALS CELEBRATION, A DAY-LONG SERIES OF EVENTS BEGINNING WITH A CEREMONY WHERE THE LAUREATES RECEIVE THEIR MEDALS FROM THE PRESIDENT OF THE UNITED STATES AND ENDING WITH A CELEBRATORY GALA FOR LAUREATES AND THEIR HONORED GUESTS.
STEM SPOTLIGHT: IS A SERIES OF LIVE-STREAMED AND PRE-RECORDED EVENTS WITH STEM EXPERTS AND 20 TO 40 STUDENTS. IN COORDINATION WITH STEM-FOCUSED STUDENT ORGANIZATIONS AND CLASSES, THE NSTMF FACILITATES A CONVERSATION - NOT A LECTURE - THAT PROVIDES STEM EXPERTS THE SPACE TO SHARE STORIES OF THEIR WORK AND THE OBSTACLES THEY HAVE FACED. STUDENTS CAN RESPOND IN REAL-TIME WITH THEIR STORIES AND THEIR QUESTIONS. WITH A MAXIMUM OF JUST 40 STUDENT ATTENDEES, ALL PARTICIPANTS CAN JOIN THE CONVERSATION WITH THEIR IDEAS.
"SCIENCE AND INNOVATION UNSCRIPTED- OR "UNSCRIPTED," WAS CREATED BY THE NSTMF TO SERVE THE FOUNDATIONS MISSION OF CHAMPIONING THE WORK AND LIVES OF AMERICAS GREATEST SCIENTISTS AND TECHNOLOGISTS AND CONNECTING THESE EXTRAORDINARY INDIVIDUALS TO THE NEXT GENERATION. THE PROGRAM MARKS OUR FIRST STEP TOWARD BUILDING AN INCLUSIVE COALITION OF INSPIRED STEM STUDENTS. THE PROGRAM FEATURES NATIONAL MEDAL LAUREATES AND OTHER PROMINENT STEM EXPERTS IN INTIMATE, DISCUSSION-CENTRIC EVENTS. NOW IN ITS SIXTH YEAR, THE PROGRAM HAS FEATURED NEARLY 40 EXPERTS, REACHED AN AUDIENCE OF MORE THAN 10,000 STUDENTS, PROFESSORS, AND MEMBERS OF THE PUBLIC, AND CREATED RELATIONSHIPS WITH 20+ UNIVERSITIES AND INSTITUTIONS. THE HALLMARK OF THESE EVENTS IS THE INTIMATE ATMOSPHERE IN WHICH STEM EXPERTS SHARE STORIES ABOUT NOTABLE ACCOMPLISHMENTS AS WELL AS THE FAILURE AND FALSE STARTS THAT DEFINED THEIR JOURNEY TO SUCCESS. GEARED TOWARDS STUDENTS AND YOUNG STEM PROFESSIONALS, THESE EVENTS PULL BACK THE CURTAIN ON WORLD-CHANGING SCIENTIFIC ACCOMPLISHMENTS. THE AUDIENCE IS ENCOURAGED TO ASK QUESTIONS AND ENGAGE WITH THE SPEAKERS OUTSIDE THE STRUCTURE OF A TYPICAL STUDENT-TEACHER INTERACTION. BY ATTENDING ONE OF THESE PROGRAMS OR WATCHING ONLINE, STUDENTS GAIN ACCESS TO A SET OF INDIVIDUALS THEY WOULDNT OTHERWISE BE ABLE TO ENGAGE IN A SUBSTANTIVE DISCUSSION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Omomayowa Awe Employee | 40 | $202,238 | |
Andrew Rathmann-Noonan President | Officer | 40 | $166,108 |
Katharine Biddle Employee | 40 | $123,852 | |
Afua Bruce Board Member | Trustee | 1 | $0 |
Vinton Cerf Treasurer | OfficerTrustee | 1 | $0 |
Joseph Desimone Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $75,000 |
All other contributions, gifts, grants, and similar amounts not included above | $1,155,742 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,230,742 |
Total Program Service Revenue | $0 |
Investment income | $122 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,230,864 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $264,500 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $166,108 |
Compensation of current officers, directors, key employees. | $23,255 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $454,020 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $90,939 |
Payroll taxes | $46,817 |
Fees for services: Management | $0 |
Fees for services: Legal | $37,636 |
Fees for services: Accounting | $26,636 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $156,185 |
Advertising and promotion | $39,325 |
Office expenses | $1,335 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $18,166 |
Travel | $18,773 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $99,414 |
Insurance | $3,235 |
All other expenses | $2,171 |
Total functional expenses | $1,525,024 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $297,135 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $30,000 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $3,021 |
Net Land, buildings, and equipment | $5,788 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $1,080,779 |
Other assets | $1,025 |
Total assets | $1,417,748 |
Accounts payable and accrued expenses | $120,088 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $120,088 |
Net assets without donor restrictions | $1,297,660 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,417,748 |
Over the last fiscal year, National Science & Technology Medals Foundation has awarded $264,500 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
UNIVERSITY OF TEXAS AT ARLINGTON PURPOSE: INSTEM PROGRAM EXP | $75,000 |
HOWARD UNIVERSITY PURPOSE: INSTEM PROGRAM EXP | $189,500 |