Asphalt Institute Foundation Inc

Asphalt Institute Foundation

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.
471154832
EIN
2014
Founded
Lexington, KY 40511 United States
Address
asphaltfoundation.org
Web
Asphalt_AIF
Twitter (346)
Description

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.

[1] https://www.asphaltinstitute.org/about-us/ [2] https://www.asphaltfoundation.org/about/ [3] https://www.asphaltinstitute.org/about-us/asphalt-institute-history/ [4] https://www.asphaltinstitute.org [5] https://www.asphaltinstitute.org/ctl-stories/history-of-ai/

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- J22 -

Asphalt Institute Foundation Asphalt Institute Foundation The Asphalt Institute Foundations mission is to conduct strategic research and educational activities that are designed to advance and improve both the liquid asphalt industry and the welfare of the general public. Board of Directors The Asphalt Institute Foundation commissioned Wood Mackenzie Consulting to analyze potential changes to asphalt binder supply chain in a world undergoing energy transition. Interested in contributing to AIF. Your generous donations enable the foundation to make major strides in accomplishing our mission through the fulfillment of our education and research initiatives.

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