2023-10-19T12:18:14-05:00 2023-06-30 440160260 FORVIS LLP 440 MONTICELLO AVE SUITE 1400 NORFOLK VA 23510 990 2022-07-01 237053028 EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION EAST 7574466051 P O BOX 5 NORFOLK VA 235010005 THOMASIN CHRISMAN ASSISTANT TREASURER 7574466065 2023-10-08 1 THOMASIN CHRISMAN 999009999 0 LAKRISHA J CASTLEBERRY P01677333 7576245100 2023-10-08 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARK B DREYFUS P O BOX 5 NORFOLK VA 235010005 20615774 0 X N/A X 1969 VA THE EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION SERVES TO STRENGTHEN THE FINANCIAL SECURITY OF THE EASTERN VIRGINIA MEDICAL SCHOOL BY ACCEPTING, INVESTING AND MANAGING GIFTS, DONATIONS AND BEQUESTS. 20 20 0 20 0 467873 9527358 9942566 0 0 9479122 1867962 21984 96146 19028464 11906674 9557125 9270872 0 0 172776 221241 0 77336 103546 909932 883343 10639833 10452792 8388631 1453882 165919612 175187870 1563678 220890 164355934 174966980 X THE EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION SERVES TO STRENGTHEN THE FINANCIAL SECURITY OF THE EASTERN VIRGINIA MEDICAL SCHOOL BY ACCEPTING, INVESTING AND MANAGING GIFTS, DONATIONS AND BEQUESTS. 0 0 4846001 4846001 96146 RESTRICTED GRANTS GIVEN TO THE EASTERN VIRGINIA MEDICAL SCHOOL FOR MEDICAL RESEARCH AND EDUCATIONAL PROGRAMS. 1394982 1394982 APPROPRIATIONS FOR MAINTENANCE AND OPERATIONS OF THE EASTERN VIRGINIA MEDICAL SCHOOL APPROVED BY THE BOARD OF THE FOUNDATION. 1798232 1798232 APPROPRIATIONS FOR PROGRAM AND PROFESSORSHIP ENHANCEMENTS OF THE EASTERN VIRGINIA MEDICAL SCHOOL APPROVED BY THE BOARD OF THE FOUNDATION. 1231657 1231657 APPROPRIATIONS FOR STUDENT SCHOLARSHIPS AT THE EASTERN VIRGINIA MEDICAL SCHOOL APPROVED BY THE BOARD OF THE FOUNDATION. 1231657 1231657 9270872 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 8 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK CA CO KY ME MD MA MI MN NH NJ NY OH OK OR SC UT WA X THOMASIN CHRISMAN ASSISTANT TREASU 7574466065 P O BOX 5 NORFOLK VA 235010005 X SHIRLEY C BALDWIN CHAIR 1.00 X X 0 0 0 MARK B DREYFUS TREASURER 1.00 X X 0 0 0 STEPHEN M SNYDER SECRETARY 1.00 X X 0 0 0 CLYDE T CLARK JR TRUSTEE 1.00 X 0 0 0 ANDREW S FINE ESQ TRUSTEE 1.00 X 0 0 0 DAWN S GLYNN TRUSTEE 1.00 X 0 0 0 ROBERT C GOODMAN ESQ TRUSTEE 1.00 X 0 0 0 ANDREW C HODGE TRUSTEE 1.00 X 0 0 0 CHRISTOPHER D KASTNER TRUSTEE 1.00 X 0 0 0 KIRKLAND KELLEY TRUSTEE 1.00 X 0 0 0 PATRICIA Y KING MD TRUSTEE 1.00 X 0 0 0 EDWARD L LILLY MD TRUSTEE 1.00 X 0 0 0 MARK D MANION TRUSTEE 1.00 X 0 0 0 B THOMAS MANSBACH ESQ TRUSTEE 1.00 X 0 0 0 VINCENT J MASTRACCO JR ESQ TRUSTEE 1.00 X 0 0 0 VANDANA A PATEL MD TRUSTEE 1.00 X 0 0 0 ROBIN D RAY TRUSTEE 1.00 X 0 0 0 LOUIS F RYAN ESQ TRUSTEE 1.00 X 0 0 0 JANE R SHORT CFP TRUSTEE 1.00 X 0 0 0 CHARITY A VOLMAN-WINN TRUSTEE 1.00 X 0 0 0 0 0 0 0 0 0 0 0 9942566 2383261 9942566 1771509 1771509 8805553 8709100 96453 96453 96453 FUNDRAISING REIMBURSEMENT 541900 63789 63789 NET LIFE INSURANCE ACTIVITY 524298 32357 32357 96146 11906674 96146 0 1867962 9262997 9262997 7875 7875 180852 180852 40389 40389 44594 44594 77336 77336 738177 738177 500 500 4849 4849 5958 5958 UBI TAX 48044 48044 SPECIAL EVENTS & OTHER 25710 25710 GENERAL EXPENSES 14401 14401 BANK CHARGES 1110 1110 10452792 9270872 1078374 103546 203928 1182583 12198925 12674543 3466599 3679481 43104053 40330091 105146521 115473878 1799586 1847294 165919612 175187870 0 250 1563678 220640 1563678 220890 X 22066314 23402219 142289620 151564761 164355934 174966980 165919612 175187870 1453882 9157164 0 X X 0 1 X 1 0 X 23785190 7406388 18448443 9527358 9942566 69109945 23785190 7406388 18448443 9527358 9942566 69109945 4987379 64122566 1714178 1643348 1169331 1272794 1771509 7571160 86626 86798 93635 21984 32357 321400 77002505 0.83270 0.84040 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: NET LIFE INSURANCE ACTIVITY - 2018 AMOUNT: $ 9,375. 2019 AMOUNT: $ 29,702. 2020 AMOUNT: $ 30,689. 2021 AMOUNT: $ 21,984. 2022 AMOUNT: $ 32,357. FUNDRAISING REIMBURSEMENT - 2018 AMOUNT: $ 77,251. 2019 AMOUNT: $ 57,096. 2020 AMOUNT: $ 62,946. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 137625711 5540258 9442238 4155235 148452972 152680070 4149234 -15050978 4152705 137625711 115609034 2571213 37865241 3365418 152680070 115186989 1698795 1919746 3196496 115609034 98091738 14207368 6377263 3489380 115186989 0.15000 0.61000 0.24000 0 0 0 ALTERNATIVE INVESTMENTS 115473878 F 115473878 AMOUNT DUE TO AFFILIATES 220640 220640 X 20722726 9157164 508898 9666062 11056664 738177 111833 850010 11906674 10111680 508898 508898 9602782 738177 111833 850010 10452792 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF APPROXIMATELY 200 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THE TAX STATUTES OF THE COMMONWEALTH OF VIRGINIA; ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. CERTAIN INVESTMENT EARNINGS MAY BE SUBJECT TO UNRELATED BUSINESS INCOME TAX BUT THE EARNINGS HAVE BEEN IMMATERIAL. THE FOUNDATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX OBLIGATIONS AS OF JUNE 30, 2023 AND 2022. PART XI, LINE 4B - OTHER ADJUSTMENTS: UBI TAX 48,044. REIMBURSEMENTS FROM EVMS 63,789. PART XII, LINE 4B - OTHER ADJUSTMENTS: UBI TAX 48,044. PAYMENTS TO FUNDRAISER AND VENDOR - REIMBURSED BY EVMS 63,789. 1 CATAPULT FUNDRAISING INC 2651 N GREEN VALLEY PKWY HENDERSON NV 89014 FUNDRAISING 0 93285 77336 15949 93285 77336 15949 AL AK AR CA CO CT FL GA HI IL KS KY LA ME MD MA MI MN MS MO NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI 1 EASTERN VIRGINIA MEDICAL SCHOOL PO BOX 1980 NORFOLK VA 23501 546055378 501(C)(3) 9262997 0 SUPPORT EVMS PROFESSORSHIPS, CHAIRS, AND OPERATIONS, SCHOLARSHIPS 1 0 AWARDS 7 7875 PART I, LINE 2: PROGRAM EXPENDITURES ARE MONITORED BY THE ACCOUNTING OFFICE FOR FINANCIAL AVAILABILITY AND THE DEVELOPMENT OFFICE TO MATCH THE EXPENDITURE AGAINST THE DONOR RESTRICTIONS. X 21 2383261 QUOTED STOCK PRICES 0 1 0 PART I, COLUMN (B): FOR LINE 9(B), THE NUMBER OF STOCK DONATIONS RECEIVED (NOT SHARES) IS REPORTED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY MANAGEMENT WITH THE ASSISTANCE OF THE EXTERNAL AUDIT FIRM. THE FORM 990 IS APPROVED BY THE FINANCE AND INVESTMENT COMMITTEE AND IS AVAILABLE FOR REVIEW BY ALL BOARD OF TRUSTEES MEMBERS PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE OF THE BOARD IS REQUIRED TO DISCLOSE CONFLICT OF INTEREST ANNUALLY. INDEPENDENT COMMITTEES EVAULATE CONFLICT OF INTERESTS AND TRUSTEES WITH CONFLICTS OF INTEREST ARE NOT PERMITTED TO VOTE ON PROPOSALS RELATED TO CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 IT IS THE POLICY OF THE EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION TO PAY WAGES AND SALARIES WHICH APPROPRIATELY RECOGNIZE JOB RESPONSIBILITIES AND INDIVIDUAL PERFORMANCE AND ARE COMPETITIVE IN THE JOB MARKET IN ORDER TO ATTRACT, RETAIN, REWARD, AND MOTIVATE EMPLOYEES. THE WAGES AND SALARIES ARE PAID BY EASTERN VIRGINIA MEDICAL SCHOOL AND REIMBURSED BY THE FOUNDATION. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART XII, LINE 2C NO CHANGES TO OVERSIGHT COMMITTEE FROM PRIOR YEAR.