NATCAST INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- NATCAST INC (EIN 93-4007133)
- Tax period
- 2024-10-01 to 2025-09-30
- Filed
- 2025-11-14
- IRS object ID
- 202533189349314543
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-14T17:07:35-06:00 | ReturnTs |
| Tax Period End | 2025-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135565207 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8350 BROAD STREET SUITE 900 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 934007133 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATCAST INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NATC | BusinessNameControlTxt |
| Phone | 2126517152 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1166 AVE OF AMERICAS 15TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DEIRDRE HANFORD | PersonNm |
| Person Title | CHIEF EXECUTIVE OFFICER | PersonTitleTxt |
| Phone | 2126517152 | PhoneNum |
| Signature | 2025-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRIAN KEARNS | PreparerPersonNm |
| PTIN | P02061479 | PTIN |
| Phone | 7032868000 | PhoneNum |
| Preparation | 2025-11-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | DEIRDRE HANFORD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1166 AVE OF AMERICAS 15TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $55,792,564 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2023 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | NATCAST IS A PURPOSE-BUILT, NON-PROFIT ENTITY CREATED TO OPERATE THE NATIONAL SEMICONDUCTOR TECHNOLOGY CENTER (NSTC), ESTABLISHED BY THE CHIPS AND SCIENCE ACT OF THE U.S. GOVERNMENT. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 46 | TotalEmployeeCnt |
| Total Volunteers | 9 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $13,154,131 | PYContributionsGrantsAmt |
| CY Contributions Grants | $50,531,951 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $29,645 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $5,136,291 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $124,322 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $13,183,776 | PYTotalRevenueAmt |
| CY Total Revenue | $55,792,564 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $10,131,121 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,606,633 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $16,492,885 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $10,714,354 | PYOtherExpensesAmt |
| CY Other Expenses | $24,557,220 | CYOtherExpensesAmt |
| PY Total Expenses | $13,320,987 | PYTotalExpensesAmt |
| CY Total Expenses | $51,181,226 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$137,211 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $4,611,338 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $5,557,823 | TotalAssetsBOYAmt |
| Total Assets EOY | $23,862,291 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $5,695,034 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $19,388,164 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$137,211 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $4,474,127 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | NATCAST IS A PURPOSE-BUILT, NON-PROFIT ENTITY CREATED TO OPERATE THE NATIONAL SEMICONDUCTOR TECHNOLOGY CENTER (NSTC), ESTABLISHED BY THE CHIPS AND SCIENCE ACT OF THE U.S. GOVERNMENT. THE NSTC IS A PUBLIC-PRIVATE CONSORTIUM DEDICATED TO SEMICONDUCTOR R&D IN THE UNITED STATES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $12,589,330 | ExpenseAmt |
| Grant | $7,308,519 | GrantAmt |
| Revenue | $80,545 | RevenueAmt |
| Desc | RESEARCH & DEVELOPMENTIN THE FALL OF 2024, NATCAST LAUNCHED ITS THIRD NSTC R&D FUNDING OPPORTUNITY: PERFLUOROALKYL AND POLYFLUOROALKYL SUBSTANCES REDUCTION AND INNOVATION IN SEMICONDUCTOR MANUFACTURING (PRISM). THE GOAL OF THE PRISM PROGRAM WAS TO ENHANCE THE LONG-TERM ECONOMIC VIABILITY OF SEMICONDUCTOR MANUFACTURING BY REDUCING MANUFACTURING COSTS AND BUILDING SUPPLY CHAIN RESILIENCY FOR CRITICAL MATERIALS. ADDRESSING THE COMPLEX AND COSTLY CHALLENGES OF THIS INDUSTRY, PRISM AIMED TO LEVERAGE COLLABORATIVE R&D FROM ACROSS THE SEMICONDUCTOR SUPPLY CHAIN, INVOLVING INDUSTRY EXPERTS, ACADEMIC RESEARCHERS, NATIONAL LABORATORIES, STARTUPS, GOVERNMENT AGENCIES, AND OTHER STAKEHOLDERS. THE PRISM CALL FOR PROPOSALS WAS RELEASED IN NOVEMBER, FOLLOWED BY A PROPOSERS' DAY EVENT. FINAL PROPOSALS WERE DUE IN JANUARY 2025. PROPOSALS WERE REVIEWED AND A FINAL SELECTION MEMO WAS SUBMITTED.IN APRIL 2024, THE SCALABLE MEMORY ARCHITECTURE PROGRAM (SMAP) FUNDING OPPORTUNITY WAS LAUNCHED. THE GOAL OF THE SMAP PROGRAM WAS TO ADDRESS THE GROWING DISPARITY BETWEEN PROCESSOR SPEED AND MEMORY BANDWIDTH, COMMONLY KNOWN AS THE "MEMORY WALL." BY DEVELOPING SCALABLE, WORKLOAD-DRIVEN ARCHITECTURAL SOLUTIONS THAT LEVERAGE NEW MEMORY TECHNOLOGIES AND ADVANCED PACKAGING TECHNIQUES, SMAP AIMED TO PROVIDE NSTC MEMBERS WITH THE DATA, TOOLS, AND TECHNOLOGY ASSESSMENT CAPABILITIES NEEDED TO OPTIMIZE PERFORMANCE, REDUCE LATENCY, AND IMPROVE ENERGY EFFICIENCY IN HIGH COMPUTING DATA CENTER SYSTEMS AND ENERGY-CONSTRAINED EDGE SYSTEMS. THE SMAP CFP WAS RELEASED IN APRIL, FOLLOWED BY A PROPOSERS' DAY EVENT. FINAL PROPOSALS WERE DUE IN JUNE 2025, WITH AWARDS ANTICIPATED FOR DECEMBER.IN ADDITION TO FUNDING OPPORTUNITIES, NATCAST ESTABLISHED THE INAUGURAL NSTC TECHNICAL ADVISORY BOARD. THE TAB COMPRISED OF 19 KEY STAKEHOLDERS SPANNING THE SEMICONDUCTOR ECOSYSTEM AND PROVIDED NATCAST WITH STRATEGIC GUIDANCE AND EXPERTISE TO HELP INFORM NSTC RESEARCH PRIORITIES AND SHAPE THE NSTC RESEARCH AGENDA. NATCAST ALSO DEVELOPED THE DRAFT INAUGURAL NSTC RESEARCH AGENDA AND BEGAN THE DEVELOPMENT OF ALIGNED PROGRAMS, SUCH AS WITH A FOCUS ON PHOTONICS, LOW-D MATERIALS, HYPER NA, AND INTERCONNECTS, AS WELL AS A ROLLING "SEEDLINGS" PROGRAM TO ADVANCE PROMISING RESEARCH. IN MAY 2025, NATCAST FINALIZED THE CONTRACTS FOR ITS THREE AIDRFIC AWARDS FOCUSED ON ACCELERATING AI-DRIVEN RFIC DESIGN INNOVATION AND ENHANCING U.S. GLOBAL COMPETITIVENESS IN NEXT-GENERATION COMMUNICATIONS SYSTEMS. THE AWARDS FUNDEDPROJECTS LED BY KEYSIGHT TECHNOLOGIES, PRINCETON UNIVERSITY, AND THE UNIVERSITY OF TEXAS AT AUSTIN. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $8,882,470 | ExpenseAmt |
| Grant | $2,822,602 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | WORKFORCE DEVELOPMENTNATCAST LAUNCHED THE NSTC WORKFORCE CENTER OF EXCELLENCE (WCOE) IN SEPTEMBER 2024. FISCAL YEAR 2025 SAW MUCH OF THE IMPLEMENTATION OF THE WCOE, INCLUDING: - THE FORMATION OF THE INAUGURAL WORKFORCE ADVISORY BOARD (WFAB) COMPRISED OF 18 KEY STAKEHOLDERS FROM THE PRIVATE SECTOR, GOVERNMENT, NON-PROFITS, TRAINING PROVIDERS, AND ACADEMIA. THE WFAB WAS ESTABLISHED TO OFFER CRITICAL INPUT ON NATIONAL AND REGIONAL WORKFORCE STRATEGIES, ENSURING THE WCOE'S INITIATIVES ARE EMPLOYER-DRIVEN AND RESPONSIVE TO REAL-TIME INDUSTRY CHALLENGES. - THE RELEASE OF THE "FROM CLASSROOM TO CLEANROOM: TALENT DEVELOPMENT IN THE U.S. SEMICONDUCTOR INDUSTRY" DASHBOARD. THE INTERACTIVE DASHBOARD FOCUSED ON THE FLOW OF TALENT FROM POSTSECONDARY INSTITUTIONS TO ROLES IN THE SEMICONDUCTOR INDUSTRY AS OF 2022. IT INCLUDED 2022 COMPLETION DATA FROM 149 INDUSTRY-ALIGNED PROGRAMS OFFERED BY TITLE IV HIGHER EDUCATION INSTITUTIONS. THE DASHBOARD WAS DEVELOPED TO HELP CREATE INVENTORY OF EXISTING RESOURCES AND A BASELINE FOR EVALUATING THE IMPACT OF THE NSTC WORKFORCE CENTER OF EXCELLENCE'S EFFORTS. - IMPLEMENTATION AND MANAGEMENT OF THE 2024 NSTC WORKFORCE PARTNER ALLIANCE (WFPA) PROGRAM COMPRISED OF AWARDS REPRESENTING AN INVESTMENT OF NEARLY $10 MILLION. THE AWARDS SUPPORT ESTABLISHED WORKFORCE EFFORTS WITH TRACK RECORDS OF SUCCESS SCALING OR REPLICATING EFFECTIVE PROGRAMS OR SUPPORT NEW PROGRAMS THAT MEET PREVIOUSLY UNADDRESSED NEEDS OR TAKE ADVANTAGE OF NEW OPPORTUNITIES. THESE PROGRAMS WERE PROJECTED TO SUPPORT MORE THAN 9,000 INDIVIDUALS ENTERING OR ADVANCING CAREERS IN THE SEMICONDUCTOR INDUSTRY AND WILL ADDRESS CRITICAL TALENT GAPS ACROSS SEMICONDUCTOR DESIGN, MANUFACTURING, AND PRODUCTION IN THE UNITED STATES. - THE LAUNCH OF THE 2025 NSTC WORKFORCE AWARDS PROGRAM (WORKFORCE AWARDS), DESIGNED TO INVEST IN SEMICONDUCTOR INDUSTRY-RELATED TRAINING AND EDUCATIONAL SUPPORTS FOR AMERICAN WORKERS TO HELP CLOSE WORKFORCE AND SKILLS GAPS IN THE UNITED STATES FOR RESEARCHERS, ENGINEERS, AND TECHNICIANS INVOLVED IN SEMICONDUCTOR DESIGN, MANUFACTURING, AND PRODUCTION. AWARDS WERE ANTICIPATED TO RANGE IN SIZE BETWEEN $500,000 AND $2,000,000 TO BE UTILIZED OVER A ONE-TO-TWO-YEAR PERIOD BEGINNING IN SPRING 2026. NATCAST ANTICIPATED MAKING APPROXIMATELY 10 TO 20 AWARDS. FINAL PROPOSALS WERE SET TO BE DUE IN OCTOBER, WITH AWARDS TO BE ISSUED IN THE WINTER 2025/2026. - THE LAUNCH OF THE 2025 NSTC TOP WORKFORCE SOLUTIONS ANNUAL RECOGNITION PROGRAM. THIS RECOGNITION PROGRAM WAS DESIGNED TO COMPLEMENT THE 2025 NSTC WORKFORCE AWARDS BY EVALUATING AND SHOWCASING HIGHLY EFFECTIVE PROGRAMS THAT STRENGTHEN THE SEMICONDUCTOR WORKFORCE IN THE UNITED STATES. BY INCREASING THE VISIBILITY OF EXEMPLARY INITIATIVES, THIS PROGRAM WAS DESIGNED TO ENCOURAGE INVESTMENT IN AND FACILITATE THE BROADER ADOPTION OF TRAINING, EDUCATION, AND WORKFORCE PROGRAMS THAT EFFECTIVELY BUILD THE POOL OF TALENT REQUIRED TO SUPPORT THE GROWTH AND GLOBAL COMPETITIVENESS OF THE U.S. SEMICONDUCTOR INDUSTRY. APPLICATIONS WERE SET TO CLOSE IN SEPTEMBER, WITH AWARDS TO BE ISSUED IN WINER 2025/2026. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $5,785,869 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | PACKAGING AND PROTOTYPING FACILITYON JANUARY 6, 2025, THE ARIZONA STATE UNIVERSITY (ASU) RESEARCH PARK IN TEMPE, ARIZONA WAS ANNOUNCED AS THE ANTICIPATED LOCATION FOR THECHIPS FOR AMERICA NSTC PROTOTYPING AND NATIONAL ADVANCED PACKAGING MANUFACTURING PROGRAM (NAPMP) ADVANCED PACKAGING PILOTING FACILITY, AN NSTC AND NAPMP FACILITY (PPF). THE PPF WILL FEATURE CUTTING-EDGE CAPABILITIES TO BRIDGE THE GAP BETWEEN LABORATORY RESEARCH AND FULL-SCALE SEMICONDUCTOR PRODUCTION. IT WILL ENABLE RESEARCHERS AND INDUSTRY LEADERS TO DEVELOP AND TEST NEW MATERIALS, DEVICES, AND ADVANCED PACKAGING SOLUTIONS IN A STATE-OF-THE-ART R&D ENVIRONMENT. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (6 entries)
| ExpenseExpenseAmt | GrantGrantAmt | RevenueRevenueAmt | DescDesc |
|---|---|---|---|
| $5,660,095 | $0 | $5,055,746 | MEMBERSHIP AND PUBLIC ENGAGEMENTOVER THE COURSE OF FY2025, NATCAST RAISED AWARENESS OF AND ENGAGED THE U.S. SEMICONDUCTOR ECOSYSTEM IN NSTC MEMBERSHIP OPPORTUNITIES. NSTC MEMBERSHIP WAS DESIGNED AS A PUBLIC-PRIVATE CONSORTIUM WHICH WOULD BE ACCESSIBLE TO ENTITIES THROUGHOUT THE ECOSYSTEM. IT FOCUSED ON PROVIDING MEMBERS DYNAMIC AND CROSS-SECTOR COLLABORATION OPPORTUNITIES; ACCESS TO LEADING-EDGE R&D FACILITIES; DEVELOPMENT OF MEMBER-DRIVEN RESEARCH AGENDAS; UNIQUE OPPORTUNITIES TO RESEARCH, PROTOTYPE, AND SCALE UP SEMICONDUCTOR TECHNOLOGIES; AND WORKFORCE BEST PRACTICES AND INITIATIVES.ON OCTOBER 28, 2024, NATCAST HOSTED THE INAUGURAL 2024 NSTC SYMPOSIUM AT THE OMNI SHOREHAM HOTEL, WASHINGTON, D.C. THE SYMPOSIUM GATHERED LEADERS AND INNOVATORS FROM INDUSTRY, ACADEMIA, AND GOVERNMENT IN WASHINGTON, D.C., FOR A FULL-DAY FORUM FOCUSED ON THE FUTURE OF SEMICONDUCTOR TECHNOLOGY AND THE STRATEGIC PARTNERSHIPS ESSENTIAL TO SECURING U.S. LEADERSHIP IN THIS CRITICAL INDUSTRY. HOSTED BY NATCAST, AND IN COLLABORATION WITH THE ME COMMONS ANNUAL MEETING, THE NSTC SYMPOSIUM HIGHLIGHTED PRESSING THEMES IN SEMICONDUCTOR RESEARCH, INNOVATION, WORKFORCE DEVELOPMENT, AND GOVERNMENT COLLABORATIONALL CRUCIAL COMPONENTS OF AMERICA'S TECHNOLOGY FUTURE. THE SYMPOSIUM WELCOMED MORE THAN 700 IN-PERSON ATTENDEES AND 450 VIRTUAL ATTENDEES. THE 2025 SYMPOSIUM WAS BEING PLANNED FOR SEPT. 15-16 IN AUSTIN, TX.IN FEBRUARY 2025, NATCAST CELEBRATED ITS 100 NSTC MEMBER MILESTONE. THE ACHIEVEMENT UNDERSCORED THE NSTC'S VITAL ROLE IN CONVENING INDUSTRY LEADERS, ACADEMIC INSTITUTIONS, GOVERNMENT PARTNERS, AND ORGANIZATIONS FROM ACROSS THE VALUE CHAIN TO ACCELERATE U.S.-LED SEMICONDUCTOR RESEARCH AND INNOVATION AND REINFORCE THE COUNTRY'S ECONOMIC AND NATIONAL SECURITY. AS OF THE END OF AUGUST 2025, NATCAST SIGNED 200 ENTITIES TO BECOME NSTC MEMBERS. MEMBERS REPRESENTED INDUSTRY, ACADEMIA, GOVERNMENT, CONSORTIA, AND OTHER SUPPORTING STAKEHOLDERS.IN JANUARY 2025, NSTC MEMBER FOCUS GROUPS WERE CONDUCTED TO IDENTIFY AND ALIGN ON TECHNOLOGY, SERVICES, AND WORKFORCE NEEDS. IN JULY 2025, NATCAST LAUNCHED THE NSTC NAVIGATOR SERVICE TO HELP MEMBERS ACCESS THE SEMICONDUCTOR ECOSYSTEM BY CONNECTING THEM TO CRITICAL RESOURCES, PARTNERS, AND OPPORTUNITIES WITHIN THE NSTC AND ACROSS THE BROADER ECOSYSTEM. |
| $4,212,169 | $0 | $0 | EXTREME ULTRAVIOLET LITHOGRAPHYIN FY2025, NATCAST ANNOUNCED THE SELECTED SITE LOCATIONS FOR THREE NSTC FACILITIES:1) NSTC EUV CENTER ON OCTOBER 31, 2024, THE NY CREATES ALBANY NANOTECH COMPLEX WAS ANNOUNCED AS THE ANTICIPATED LOCATION FOR THE CHIPS FOR AMERICA EXTREME ULTRAVIOLET (EUV) ACCELERATOR, AN NSTC FACILITY (EUV ACCELERATOR). THE EUV ACCELERATOR WILL FOCUS ON ADVANCING STATE OF THE ART EUV TECHNOLOGY AND THE R&D THAT RELIES ON IT.2) NSTC ADMINISTRATIVE AND DESIGN FACILITY ON NOVEMBER 1, 2024, SUNNYVALE, CA WAS ANNOUNCED AS THE ANTICIPATED LOCATION FOR THE CHIPS FOR AMERICA DESIGN AND COLLABORATION FACILITY, AN NSTC FACILITY (DCF). THE DCF WILL PLAY AN IMPORTANT ROLE IN ADVANCING SEMICONDUCTOR DESIGN, RESEARCH, WORKFORCE DEVELOPMENT, INVESTMENT, AND COLLABORATION ACROSS THE ENTIRE SEMICONDUCTOR VALUE CHAIN. 3) NSTC PROTOTYPING AND NAPMP ADVANCED PACKAGING PILOTING FACILITY (SEE PART III)IN ADDITION TO THE LOCATION ANNOUNCEMENT, NATCAST IMMEDIATELY BEGAN TO DEVELOP THE FACILITIES. THE EUV ACCELERATOR FACILITY OFFICIALLY BEGAN OPERATIONS ON JULY 1, 2025, WITH AN OFFICIAL RIBBON-CUTTING CEREMONY HELD ON JULY 14, 2025. THE DCF OFFICE WAS IN A SOFT OPEN STAGE WITH A DRY LAB BEING DESIGNED. THE FIRST PUBLIC EVENT PLANNED FOR THE END OF AUGUST 2025 AND A RIBBON CUTTING EVENT PLANNED FOR THE WINTER OF 2025/2026. THE PPF FACILITY DESIGN, TOOLING, AND CONSTRUCTION PLANNING WAS ADDITIONALLY UNDERWAY, WITH A GROUNDBREAKING CELEBRATION PLANNED FOR EARLY 2026. |
| $944,807 | $0 | $0 | DESIGN ENABLEMENT GATEWAYDESIGN ECOSYSTEM ENABLEMENT PLATFORM (DEEP) HEADQUARTERED AT THE DCF FACILITY, NATCAST BEGAN THE DEVELOPMENT AND GO-TO-MARKET PLANNING FOR ITS DEEP SERVICE. BRINGING A SEMICONDUCTOR DESIGN FROM CONCEPT TO PROTOTYPE IS INHERENTLY COMPLEX REQUIRING ACCESS TO SPECIALIZED TOOLS, IP, COMPUTE RESOURCES, TEST HARDWARE, AND EXPERT LABS. DEEP WAS DESIGNED AS A ONE-OF-A-KIND SERVICE BUILT TO STREAMLINE THIS JOURNEY. BY AGGREGATING COMMON TOOL ACCESS AND FORGING STRATEGIC ENGAGEMENTS WITH SUPPLIERS, DEEP WAS BUILT TO EMPOWER NSTC MEMBERS WITH THE TOOLS AND RESOURCES NECESSARY TO EFFICIENTLY DESIGN, VALIDATE, AND PROTOTYPE INNOVATIVE SEMICONDUCTOR DESIGNS AND TECHNOLOGIES BY REDUCING THE TIME, COST, AND EFFORT TRADITIONALLY REQUIRED. DEEP ENCOMPASSED THREE CORE SERVICE OFFERINGS DESIGN ENABLEMENT GATEWAY, SILICON AGGREGATION, AND DRY LAB WHICH WORK TOGETHER TO PROVIDE NSTC MEMBERS WITH A HOLISTIC PLATFORM FOR SEMICONDUCTOR DEVELOPMENT AND TESTING. |
| $862,189 | $0 | $0 | DESIGN COLLABORATION FACILITYDESCRIBED ABOVE IN THE EXTREME ULTRAVIOLET LITHOGRAPHY SECTION. |
| $869,293 | $0 | $0 | INVESTMENT FUNDTHE STRATEGIC APPROACH AND GO-TO-MARKET PLAN FOR THE NSTC INNOVATION FUND WAS ESTABLISHED. EARLY/DISCOVERY CONVERSATIONS WERE HELD WITH POTENTIAL STAKEHOLDERS, INVESTMENT PARTNERS, AND PORTFOLIO CLIENTS. |
| $445,346 | $0 | $0 | SILICON AGGREGATIONDESCRIBED ABOVE IN THE DESIGN ENABLEMENT GATEWAY SECTION. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $12,993,899 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $5,055,746 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $40,251,568 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 32 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 46 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EDWARD MOSER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2126517152 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1166 AVE OF AMERICAS 15TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| DEIRDRE HANFORD | |||||||||
| CHIEF EXECUTIVE OFFICER | 40.00 | 0.00 | Yes (X) | Yes (X) | $494,013 | $0 | $10,000 | ||
| MICHAEL SPLINTER | |||||||||
| TRUSTEE, CHAIR | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBIN ABRAMS | |||||||||
| TRUSTEE, SECRETARY | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| CRAIG R BARRETT | |||||||||
| TRUSTEE, TREASURY | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| L REGINALD BROTHERS | |||||||||
| TRUSTEE | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ANANTHA CHANDRAKASAN | |||||||||
| TRUSTEE | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| NICHOLAS DONOFRIO | |||||||||
| TRUSTEE | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DONNA DUBINSKY | |||||||||
| TRUSTEE | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ERICA RH FUCHS | |||||||||
| TRUSTEE | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JACK LAZAR | |||||||||
| TRUSTEE | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LAUREN LARSON | |||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | 0.00 | Yes (X) | $223,155 | $0 | $5,200 | |||
| JEREMY LICHT | |||||||||
| GENERAL COUNSEL | 40.00 | 0.00 | Yes (X) | $225,752 | $0 | $5,168 | |||
| SUSAN FEINDT | |||||||||
| SVP, ECOSYSTEM DEVELOPMENT | 40.00 | 0.00 | $221,708 | $0 | $7,767 | Yes (X) | |||
| JILL BENNETT | |||||||||
| CONTROLLER | 40.00 | 0.00 | $171,148 | $0 | $5,600 | Yes (X) | |||
| ADELE FRANKEL | |||||||||
| SENIOR COUNSEL, IP | 40.00 | 0.00 | $143,189 | $0 | $4,050 | Yes (X) | |||
| JADE BORGESON | |||||||||
| DIRECTOR OF OPERATIONS | 40.00 | 0.00 | $149,908 | $0 | $4,833 | Yes (X) | |||
| MARYAM COPE | |||||||||
| HEAD OF U.S. GOVERNMENT AFFAIRS | 40.00 | 0.00 | $144,609 | $0 | $4,500 | Yes (X) | |||
| SALMAN NASIR | |||||||||
| DIRECTOR OF R&D PROGRAMS | 40.00 | 0.00 | $136,059 | $0 | $3,400 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,909,541 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $50,518 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 9 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| DELOITTE CONSULTING LLP | |||||
| PO BOX 844717 | DALLAS | TX | 75284 | SITE SELECTION CONSULTING | $695,000 |
| ARNOLD & PORTER KAYE SCHOLER LLP | |||||
| 601 MASSACHUSETTS AVENUE NORTHWEST | WASHINGTON | DC | 20001 | LEGAL | $690,670 |
| DIPESH I PATEL | |||||
| 20025 SEA GULL WAY | SARATOGA | CA | 95070 | STRATEGIC PLAN CONSULTING | $274,033 |
| WRISTERS DERICK | |||||
| 2228 SUN STAR DRIVE | HASLET | TX | 76052 | SITE SELECTION AND OVERSEES PPF SITE | $255,500 |
| RONALD S GYURCSIK | |||||
| 1511 MONTEREY BAY DRIVE | WAKE FOREST | NC | 27587 | RESEARCH | $190,350 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 10 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $50,510,551 | GovernmentGrantsAmt |
| All Other Contributions | $21,400 | AllOtherContributionsAmt |
| Total Contributions | $50,531,951 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| MEMBERSHIP DUES | $5,055,746 | $5,055,746 |
| PROGRAMMATIC EVENTS REGISTRATION | $80,545 | $80,545 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $5,136,291 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $124,322 | TotalRevenueColumnAmt |
| Exclusion | $124,322 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $55,792,564 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,136,291 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $124,322 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,131,121 | TotalAmt |
| Program Services | $10,131,121 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,146,898 | TotalAmt |
| Program Services | $279,178 | ProgramServicesAmt |
| Management And General | $1,867,720 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,635,290 | TotalAmt |
| Program Services | $7,983,078 | ProgramServicesAmt |
| Management And General | $3,652,212 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $374,663 | TotalAmt |
| Program Services | $273,621 | ProgramServicesAmt |
| Management And General | $101,042 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,296,730 | TotalAmt |
| Program Services | $857,517 | ProgramServicesAmt |
| Management And General | $439,213 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,039,304 | TotalAmt |
| Program Services | $703,887 | ProgramServicesAmt |
| Management And General | $335,417 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,041,337 | TotalAmt |
| Program Services | $9,425,104 | ProgramServicesAmt |
| Management And General | $2,616,233 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,183,365 | TotalAmt |
| Program Services | $1,054,599 | ProgramServicesAmt |
| Management And General | $128,766 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $548,163 | TotalAmt |
| Management And General | $548,163 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,646 | TotalAmt |
| Program Services | $40,646 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $662,096 | TotalAmt |
| Program Services | $486,753 | ProgramServicesAmt |
| Management And General | $175,343 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,890,741 | TotalAmt |
| Program Services | $1,130,064 | ProgramServicesAmt |
| Management And General | $760,677 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $301,734 | TotalAmt |
| Program Services | $301,734 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $694,843 | TotalAmt |
| Program Services | $562,189 | ProgramServicesAmt |
| Management And General | $132,654 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,087,989 | TotalAmt |
| Program Services | $1,052,036 | ProgramServicesAmt |
| Management And General | $35,953 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $115,321 | TotalAmt |
| Program Services | $25,100 | ProgramServicesAmt |
| Management And General | $90,221 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| CONSTRUCTION AND ENGINE | $2,973,927 | $2,973,927 | |
| PRODUCTION AND MANUFACT | $2,600,000 | $2,600,000 | |
| DUES AND SUBSCRIPTIONS | $344,735 | $326,172 | $18,563 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,323 | TotalAmt |
| Program Services | $44,842 | ProgramServicesAmt |
| Management And General | $27,481 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,181,226 | TotalAmt |
| Program Services | $40,251,568 | ProgramServicesAmt |
| Management And General | $10,929,658 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,629,339 | BOYAmt |
| EOY | $21,789,464 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $502,412 | BOYAmt |
| EOY | $21,961 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $426,072 | BOYAmt |
| EOY | $2,050,866 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,557,823 | BOYAmt |
| EOY | $23,862,291 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,677,068 | BOYAmt |
| EOY | $8,082,610 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,017,966 | BOYAmt |
| EOY | $11,305,554 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,695,034 | BOYAmt |
| EOY | $19,388,164 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$137,211 | BOYAmt |
| EOY | $4,474,127 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$137,211 | BOYAmt |
| EOY | $4,474,127 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,557,823 | BOYAmt |
| EOY | $23,862,291 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $4,611,338 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $13,154,131 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $50,531,951 | CurrentTaxYearAmt |
| Total | $63,686,082 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $13,154,131 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $50,531,951 | CurrentTaxYearAmt |
| Total | $63,686,082 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $63,686,082 | PublicSupportTotal170Amt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $124,322 | CurrentTaxYearAmt |
| Total | $124,322 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $63,810,404 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $5,136,291 | GrossReceiptsRltdActivitiesAmt |
| First5 Years170 | Yes (X) | First5Years170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $50,174 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $50,174 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $40,201,394 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $40,251,568 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $1,500,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $50,174 | CurrentYearAmt |
| Total | $50,174 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $250,000 | CurrentYearAmt |
| Total | $250,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $375,000 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $55,792,564 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $55,792,564 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $55,792,564 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $51,181,226 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $51,181,226 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $51,181,226 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | NATCAST IS A 501(C)(3) ORGANIZATION CREATED SPECIFICALLY TO OPERATE THE NSTC. AS A 501(C)(3), NATCAST IS A TAX-EXEMPT ORGANIZATION DEDICATED TO CHARITABLE, SCIENTIFIC, OR EDUCATIONAL PURPOSES. NATCAST HAS NO UNRELATED BUSINESS INCOME AS OF SEPTEMBER 30, 2025 AND 2024. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| THE UNIVERSITY OF TEXAS AT AUSTIN | ||||||||
| 110 INNER CAMPUS DRIVE K5300 | AUSTIN | TX | 78712 | 746000203 | $2,817,571 | $0 | RESEARCH AND DEVELOPMENT AWARD | |
| KEYSIGHT TECHNOLOGIES INC | ||||||||
| 32837 COLLECTION CENTER DRIVE | CHICAGO | IL | 60693 | 464254555 | $2,490,948 | $0 | RESEARCH AND DEVELOPMENT AWARD | |
| PRINCETON UNIVERSITY | ||||||||
| 701 CARNEGIE CENTER | PRINCETON | NJ | 08540 | 210634501 | $2,000,000 | $0 | RESEARCH AND DEVELOPMENT AWARD | |
| IDAHO TECHNOLOGY COUNCIL FOUNDATION INC | ||||||||
| 877 W MAIN STREET | BOISE | ID | 83702 | 993428973 | $494,688 | $0 | WORKFORCE DEVELOPMENT AWARD | |
| MARICOPA COUNTY COMMUNITY COLLEGE DISTRICT | ||||||||
| 2411 WEST 14TH STREET | TEMPE | AZ | 85281 | 860185552 | $267,868 | $0 | WORKFORCE DEVELOPMENT AWARD | |
| TEXAS A&M ENGINEERING EXPERIMENT STATION | ||||||||
| 400 HARVEY MITCHELL PARKWAY SOUTH | COLLEGE STATION | TX | 77845 | 741974733 | $320,175 | $0 | WORKFORCE DEVELOPMENT AWARD | SUITE 300 |
| REGENTS UNIVERSITY OF CALIFORNIA LOS ANGELES | ||||||||
| UCLA HSSEAS - BOX 951600 | LOS ANGELES | CA | 90095 | 956006143 | $694,229 | $0 | WORKFORCE DEVELOPMENT AWARD | ENGINEERING VI STE 506 |
| THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ILLINOIS (UIUC) | ||||||||
| 1901 SOUTH FIRST STREET SUITE A | CHAMPAIGN | IL | 61820 | 376000511 | $600,000 | $0 | WORKFORCE DEVELOPMENT AWARD | |
| ROCHESTER INSTITUTE OF TECHNOLOGY | ||||||||
| 25 LOMB MEMORIAL DRIVE | ROCHESTER | NY | 14623 | 160743140 | $221,992 | $0 | WORKFORCE DEVELOPMENT AWARD | |
| AMERICAN FEDERATION OF TEACHERS EDUCATIONAL FOUNDATION | ||||||||
| 555 NEW JERSEY AVENUE NORTHWEST | WASHINGTON | DC | 20001 | 521439116 | $223,650 | $0 | WORKFORCE DEVELOPMENT AWARD | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 8 | Total501c3OrgCnt |
| Total Other Org | 2 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE RECIPIENT MONITORING PLAN WILL DIFFER DEPENDING ON THE ASSESSED LEVEL OF RISK, EITHER "LOW OR "HIGH". RECIPIENTS WITH A LOW ASSESSED LEVEL OF RISK ARE SUBJECTED TO THE FOLLOWING MONITORING ACTIVITIES: DETERMINE IF THE RECIPIENT WAS REQUIRED TO OBTAIN A SINGLE AUDIT OR COMPLIANCE AUDIT FOR ITS MOST RECENTLY COMPLETED FISCAL YEAR. IF YES, DETERMINE THE FOLLOWING: - THE RECIPIENT OBTAINED THE REQUIRED AUDIT. - THE AUDIT REPORTS WERE FREE OF FINDINGS. - THE RECIPIENT SUBMITTED A TIMELY RESPONSE TO THE AUDIT, INCLUDING A PLAN FOR CORRECTING ANY CONDITIONS REPORTED IN SUSTAINED FINDINGS. - AUDIT REPORTS WERE FREE OF QUESTIONED COSTS. - A CORRECTIVE ACTION PLAN WAS REQUIRED. - THE CORRECTIVE ACTION PLAN CALLS FOR THE SUBMISSION OF PROGRESS REPORTS. - DETERMINE IF THE RECIPIENT MAINTAINS RECORDS DETAILING THE IMPLEMENTATION OF ITS CORRECTIVE ACTION PLAN. - DETERMINE IF THE RECIPIENT'S RECORDS AND/OR OBSERVABLE EVIDENCE SUPPORT ITS CLAIMS TO HAVE IMPLEMENTED ITS CORRECTIVE ACTION PLAN. DETERMINE IF FINANCIAL AND PROGRAMMATIC STATUS REPORTS WERE ADEQUATE AND RECEIVED BY THE DEADLINE. DETERMINE IF THE RECIPIENT ADHERED TO A PROJECT TIMELINE ESTABLISHED WITH NATCAST (IF APPLICABLE) DETERMINE IF PAYMENT REQUESTS WERE SUBMITTED TIMELY AND WERE APPROPRIATELY DOCUMENTED. DOCUMENT DISCUSSIONS AND ANALYSIS OF ALL INSTANCES OF NONCOMPLIANCE NOTED AND THE IMPACT ON NATCAST'S AWARD. IN ADDITION TO THE MONITORING ACTIVITIES APPLIED TO LOW RISK RECIPIENTS, THE FOLLOWING ACTIVITIES WILL ALSO BE APPLIED TO HIGH RISK RECIPIENTS: USING MILESTONE PAYMENT REQUESTS, QUARTERLY, OR ANNUAL PROGRAMMATIC REPORTS SELECT A SAMPLE OF CLAIMED COSTS (WHEN APPROPRIATE), CLAIMED LEVERAGED FUNDING CONTRIBUTIONS, OR PROGRAMMATIC ACTIVITIES AND REQUEST SUPPORTING DOCUMENTATION FOR VARIOUS TYPES OF COSTS. EXAMINE THE SUPPORTING DOCUMENTATION AND DETERMINE IF IT ADEQUATELY SUPPORTS LEVERAGED FUNDING CONTRIBUTIONS REPORTED OR PROGRAM ACTIVITIES PERFORMED IN ACCORDANCE WITH NATCAST'S AWARD. ON AN ANNUAL BASIS, CONDUCT A VIRTUAL DESK REVIEW OR SITE VISIT TO EVALUATE THE RECIPIENT'S INTERNAL CONTROLS OVER NATCAST'S AWARD THAT PROVIDES REASONABLE ASSURANCE THAT THE RECIPIENT IS MANAGING THE AWARD IN COMPLIANCE WITH FEDERAL STATUTES, REGULATIONS, AND THE TERMS AND CONDITIONS OF THE AWARD. TESTS SHOULD BE CONDUCTED TO EVALUATE THE ADEQUACY OF THE DESIGN AND OPERATING EFFECTIVENESS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DEIRDRE HANFORD | ||||||||||||||
| CHIEF EXECUTIVE OFFICER | $459,787 | $0 | $20,000 | $0 | $14,226 | $0 | $10,000 | $0 | $0 | $0 | $504,013 | $0 | $0 | $0 |
| JEREMY LICHT | ||||||||||||||
| GENERAL COUNSEL | $195,960 | $0 | $0 | $0 | $29,792 | $0 | $5,168 | $0 | $0 | $0 | $230,920 | $0 | $0 | $0 |
| SUSAN FEINDT | ||||||||||||||
| SVP, ECOSYSTEM DEVELOPMENT | $216,302 | $0 | $5,000 | $0 | $406 | $0 | $7,767 | $0 | $0 | $0 | $229,475 | $0 | $0 | $0 |
| LAUREN LARSON | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $162,171 | $0 | $60,000 | $0 | $984 | $0 | $5,200 | $0 | $0 | $0 | $228,355 | $0 | $0 | $0 |
| JILL BENNETT | ||||||||||||||
| CONTROLLER | $149,653 | $0 | $0 | $0 | $21,495 | $0 | $5,600 | $0 | $0 | $0 | $176,748 | $0 | $0 | $0 |
| JADE BORGESON | ||||||||||||||
| DIRECTOR OF OPERATIONS | $134,656 | $0 | $0 | $0 | $15,252 | $0 | $4,833 | $0 | $0 | $0 | $154,741 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE BOARD OF TRUSTEES REVIEWS THE FORM 990 PRIOR TO FILING THE RETURN. |
| FORM 990, PART VI, SECTION B, LINE 12C | NATCAST MAINTAINS A WRITTEN CONFLICT OF INTEREST POLICY THAT APPLIES TO ALL OF ITS TRUSTEES, CORPORATE OFFICERS AND EMPLOYEES. CONFLICTS ARE REQUIRED TO BE DISCLOSED BY A PERSON PRIOR TO OR PROMPTLY FOLLOWING SUCH PERSON BECOMING A TRUSTEE, CORPORATE OFFICER OR EMPLOYEE, AND THEREAFTER ANNUALLY AND AS A CONFLICT ARISES. FOR CONFLICTS INVOLVING A TRUSTEE OR CORPORATE OFFICER, (I) A DESIGNATED BOARD COMMITTEE REVIEWS DISCLOSURES, DETERMINES WHETHER A CONFLICT EXISTS, AND DETERMINES THE RESOLUTION OF THE CONFLICT, AND (II) THE BOARD MAY DETERMINE THE RESOLUTION OF A CONFLICT UPON REFERRAL FROM SUCH COMMITTEE. FOR CONFLICTS INVOLVING AN EMPLOYEE OTHER THAN A TRUSTEE OR CORPORATE OFFICER, (I) A DESIGNATED CONFLICTS OFFICER REVIEWS DISCLOSURES, DETERMINES WHETHER A CONFLICT EXISTS, AND DETERMINES THE RESOLUTION OF THE CONFLICT, AND (II) THE DESIGNATED COMMITTEE MAY DETERMINE THE RESOLUTION OF A CONFLICT UPON REFERRAL FROM THE CONFLICTS OFFICER. MEMBERS OF THE GOVERNING BODY WITH A CONFLICT ARE REQUIRED TO RECUSE THEMSELVES FROM DELIBERATIONS AND DECISIONS BY THE GOVERNING BODY RELATED TO THE MATTER AT ISSUE. THE POLICY IS REVIEWED PERIODICALLY AND UPDATED AS NEEDED. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF TRUSTEES HOLDS EXECUTIVE SESSIONS DURING THEIR PERIODIC MEETINGS. THE CEO'S COMPENSATION IS DISCUSSED IN EXECUTIVE SESSIONS DURING THE BUDGET PROCESS. THE CEO'S COMPENSATION IS DETERMINED AFTER TAKING INTO CONSIDERATION MARKET SURVEYS AND PUBLIC DISCLOSURES OF OTHER SIMILAR ORGANIZATIONS. DURING THE BUDGET PROCESS, THE BOARD OF TRUSTEES (AND/OR ITS COMPENSATION AND TALENT COMMITTEE), USING EXTERNAL DATA, REVIEWS AND APPROVES THE COMPENSATION PACKAGE FOR NEW OFFICERS AND KEY EMPLOYEES AS WELL AS ANY OF THEIR SUBSEQUENT SALARY ADJUSTMENTS. |
| FORM 990, PART VI, SECTION C, LINE 19 | NATCAST MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST IF LEGALLY REQUIRED. |