Asphalt Institute Foundation Inc
AIF’s mission is to conduct strategic research and educational activities that are designed to advance and improve the liquid asphalt industry. Est. 2014 SEE SCHEDULE O.
Asphalt Institute Foundation Inc
The Asphalt Institute Foundation Inc. is a 501(c)(3) non-profit public charity, dedicated to advancing the liquid asphalt industry through strategic research and educational initiatives. Its mission is designed to improve both the industry and the welfare of the general public.
History
The Foundation was established to support the overarching goals of the Asphalt Institute, an international trade association that has been leading the petroleum asphalt industry since 1919. The Asphalt Institute itself was founded to promote the use of asphalt in construction, focusing on its safety, environmental benefits, and technical excellence.
Mission and Activities
The Asphalt Institute Foundation conducts and supports research projects, educational programs, and strategic activities aimed at enhancing the technology and practices within the liquid asphalt sector. These efforts are crucial for driving innovation and ensuring that the industry remains environmentally responsible.
Governance and Structure
The Foundation is governed by a Board of Directors composed of industry leaders and experts. The board includes representatives from various companies involved in the asphalt industry, reflecting the collaborative and inclusive nature of the organization's governance.
Public Impact
The Foundation's work contributes not only to the advancement of the asphalt industry but also to the broader public good by promoting safer, more sustainable construction materials and practices. Through its research and educational initiatives, the Foundation supports more efficient and environmentally friendly construction methods, contributing positively to infrastructure development and environmental stewardship.
Financial Status
As a 501(c)(3) organization, the Asphalt Institute Foundation relies on charitable contributions to support its mission. These contributions enable the Foundation to engage in meaningful research and educational activities, furthering its goals of improving the industry and benefiting the public.
Edit WikiFounded
2014
X (Twitter)
346
Address
Lexington
Asphalt Institute Foundation
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