2022-02-04T14:09:54-06:00 2021-06-30 232896692 BBD LLP 1835 MARKET STREET 3RD FLOOR PHILADELPHIA PA 19103 990 2020-07-01 236268380 AMERICAN FLORAL ENDOWMENT AMER 7038385211 1001 N FAIRFAX STREET NO 201 ALEXANDRIA VA 22314 DEBRA CHEDESTER EXECUTIVE DIRECTOR 7038385211 2022-02-04 1 DEBRA CHEDESTER 999009999 JENNIFER SOLOT P00749373 2155677770 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z DEBRA CHEDESTER 1001 N FAIRFAX STREET NO 201 ALEXANDRIA VA 22314 1960772 0 X WWW.ENDOWMENT.ORG X 1961 DC THE AMERICAN FLORAL ENDOWMENT IS A NOT FOR PROFIT CORPORATION THAT RAISES AND PRUDENTLY INVESTS ITS FUNDS TO SUPPORT PRODUCTION AND MARKET RESEARCH AND EDUCATION PROGRAMS TO BENEFIT THE FLORICULTURE INDUSTRY. AFE IS DEVOTED TO THE AQUISITION AND DISSEMINATION OF FUNDS DESIGNATED FOR THE ADVANCEMENT OF EDUCATION AND SCIENCE IN THE FLORICULTURE AND ENVIRONMENTAL HORTICULTURAL FIELD. ITEMS FUNDED BY THE ENDOWMENT INCLUDE RESEARCH AND STUDIES, SCHOLARSHIPS, INTERNSHIPS, AND OTHER EDUCATIONAL ACTIVITIES. 16 16 5 40 6346 0 451299 606898 0 0 317584 761817 -46202 4162 722681 1372877 608869 596537 0 0 358837 402718 0 0 52705 285224 207550 1252930 1206805 -530249 166072 21486721 26310169 79016 105642 21407705 26204527 X THE AMERICAN FLORAL ENDOWMENT IS A NOT FOR PROFIT CORPORATION THAT RAISES AND PRUDENTLY INVESTS ITS FUNDS TO SUPPORT PRODUCTION AND MARKET RESEARCH AND EDUCATION PROGRAMS TO BENEFIT THE FLORICULTURE INDUSTRY. AFE IS DEVOTED TO THE AQUISITION AND DISSEMINATION FOR THE ADVANCEMENT OF EDUCATION AND SCIENCE IN THE FLORICULTURE AND ENVIRONMENTAL HORTICULTURAL FIELD. ITEMS FUNDED BY THE ENDOWMENT INCLUDE RESEARCH AND STUDIES, SCHOLARSHIPS, INTERNSHIPS, AND OTHER EDUCATIONAL ACTIVITIES. 0 0 861247 596537 SCIENTIFIC GRANTS: PROVIDE FUNDING FOR RESEARCH ON CURRENT ISSUES AFFECTING THE FLORICULTURE INDUSTRY.EDUCATIONAL GRANTS: PROVIDE GRANTS TO PROGRAMS PROMOTING THE FLORICULTURE INDUSTRY, AND THOSE THAT SUPPORT STUDENTS PURSUING CAREERS IN VARIOUS CONCENTRATIONS WITHIN THE FLORICULTURE INDUSTRY. 861247 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 14 0 1 5 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA NY VA IL MD PA X DEBRA CHEDESTER EXECUTIVE DIRECTOR 7038385211 1001 N FAIRFAX STREET NO 201 ALEXANDRIA VA 22314 LAURA SHINALL CHAIRMAN 3.00 1.00 X X 0 0 0 JIM DALY PAST CHAIRMAN 1.00 1.00 X X 0 0 0 KEN YOUNG CHAIRMAN-ELECT 1.00 1.00 X X 0 0 0 GREG ROYER TREASURER/SECRETARY 1.00 1.00 X X 0 0 0 DAVID BOULTON TRUSTEE 1.00 X 0 0 0 MEGAN BOWMAN TRUSTEE 1.00 X 0 0 0 PATRICK DAHLSON TRUSTEE 1.00 X 0 0 0 BILL FOSTER TRUSTEE 1.00 X 0 0 0 MICHAEL A MELLANO TRUSTEE 1.00 X 0 0 0 GUSTAVO GILCHRIST TRUSTEE 1.00 X 0 0 0 DAVID GARCIA TRUSTEE 1.00 X 0 0 0 DWIGHT LARIMER TRUSTEE 1.00 X 0 0 0 STEVE FRYE TRUSTEE 1.00 X 0 0 0 MAURICIO JARAMILLO TRUSTEE 1.00 X 0 0 0 ART VAN WINGERDEN TRUSTEE 1.00 X 0 0 0 TIM GALEA TRUSTEE 1.00 X 0 0 0 DEBRA L CHEDESTER EXECUTIVE DIRECTOR 40.00 1.00 X 146927 0 18971 146927 0 18971 1 0 1 0 0 85475 43304 478119 606898 373691 6346 367345 971316 583190 388126 388126 388126 0 85475 4705 -4705 -4705 INSURANCE PROCEEDS 900099 5676 5676 MISCELLANEOUS INCOME 900099 3191 3191 8867 1372877 0 6346 759633 499259 499259 97278 97278 152252 100076 38820 13356 210268 138211 53612 18445 6090 4003 1553 534 13176 8661 3359 1156 20932 13759 5337 1836 46790 46790 80428 69496 10932 8920 2474 6446 15545 15545 615 615 MISCELLANEOUS EXPENSES 33340 33340 PUBLIC RELATIONS 21912 21912 1206805 861247 292853 52705 173869 382069 757785 643483 1454 6485 17259433 20726394 3146668 4398550 147512 153188 21486721 26310169 15712 35890 0 43304 46847 20000 22905 79016 105642 X 10010949 11469469 11396756 14735058 21407705 26204527 21486721 26310169 166072 4630750 0 X 0 1 X 1 0 X 576733 1198763 896702 361774 606898 3640870 576733 1198763 896702 361774 606898 3640870 703788 2937082 378501 398312 544911 461011 367345 2150080 19382 -15811 24830 4653 8867 41921 5832871 0.50350 0.51720 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2016 AMOUNT: $ 19,382. 2017 AMOUNT: $ -15,811. 2018 AMOUNT: $ 24,830. 2019 AMOUNT: $ 4,653. 2020 AMOUNT: $ 3,191. INSURANCE PROCEEDS - 2020 AMOUNT: $ 5,676. SCHEDULE A, PART II, LINE 10, EXPLANATION FOR OTHER INCOME: INSURANCE PROCEEDS RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10761178 212819 2876253 257203 13593047 20431159 249074 338283 644368 20374148 20139461 311300 1068343 1087945 20431159 19347107 314113 1465053 986812 20139461 15026325 614309 1862104 825085 -2669454 19347107 1.00000 0 0 0 NORTHERN TRUST PRIVATE EQUITY FUND III, V, VII, VIII 2456474 F NORTHERN TRUST ALPHA CORE STRATEGIES FUND 1942076 F 4398550 DEFERRED COMPENSATION 22905 22905 X 5961542 4630750 4630750 1330792 46790 -4705 42085 1372877 1164720 0 1164720 46790 -4705 42085 1206805 PART V, LINE 4: PERMANENTLY RESTRICTED NET ASSETS ARE DESIGNATED FOR SCHOLARSHIPS. PART X, LINE 2: GAAP REQUIRES ENTITIES TO EVALUATE, MEASURE, RECOGNIZE, AND DISCLOSE ANY UNCERTAIN INCOME TAX POSITIONS TAKEN ON THEIR TAX RETURNS. GAAP PRESCRIBES A MINIMUM THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET IN ORDER TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. AFE BELIEVES THAT IT HAD NO UNCERTAIN TAX POSITIONS AS DEFINED IN GAAP. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -4,705. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -4,705. ENDOWMENT DINNER 85475 85475 3040 1665 85475 85475 3040 1665 4705 -4705 1 CLEMSON UNIVERSITY 2-136 LEE HALL CLEMSON SC 26934 576000254 115 134735 SCIENTIFIC RESEARCH AND EDUCATION UNIVERSITY OF GEORGIA 101 HERTY DRIVE ATHENS GA 30602 586001998 115 62215 SCIENTIFIC RESEARCH AND EDUCATION BRIGHTER STRATEGIES LLC 6533 ARLINGTON BLVD FALLS CHURCH VA 22042 261797914 501(C)3 35500 SCIENTIFIC RESEARCH AND EDUCATION OHIO STATE UNIVERSITY 1399 CAMPUS DRIVE COLUMBUS OH 43210 316025986 115 34861 GUS POESCH & PHILLIPS SCHOLARSHIPS CORNELL UNIVERSITY 201 WARREN HALL ITHACA NY 14853 150532082 115 30300 SCIENTIFIC RESEARCH AND EDUCATION UNIVERSITY OF VERMONT 85 SOUTH PROSPECT STREET BURLINGTON VT 05401 030179440 115 25646 SCIENTIFIC RESEARCH AND EDUCATION UNIVERSITY OF FLORIDA 207 GRINTER HALL GAINESVILLE FL 32611 596002052 115 22866 SCIENTIFIC RESEARCH AND EDUCATION UNIVERSITY OF ARKANSAS 535 WEST RESEARCH CENTER BLVD SUITE 120 FAYETTEVILLE AR 72701 716056774 115 22279 SCIENTIFIC RESEARCH AND EDUCATION UNIVERSITY OF KENTUCKY N-310D AGRICULTURAL SCIENCE NORTH LEXINGTON KY 40546 616033693 115 22050 SCIENTIFIC RESEARCH AND EDUCATION THE UNIVERSITY OF TEXAS AT ARLINGTON 701 S NEDDERMAN DRIVE ARLINGTON TX 76019 746000203 115 21000 SCIENTIFIC RESEARCH AND EDUCATION NORTH CAROLINA STATE UNIVERSITY 1000 HARRIS HALL BOX 7313 NC STATE UNIVERSITY RALEIGH NC 276957313 566000756 115 14763 SCIENTIFIC RESEARCH AND EDUCATION MISSISSIPPI STATE UNIVERSITY 75 BS HOOD ROAD MISSISSIPPI STATE MS 39762 646000819 115 11800 SCIENTIFIC RESEARCH AND EDUCATION AND PHILLIP SCHOLARSHIPS TEXAS A&M UNIVERSITY 3137 TAMU COLLEGE STATION TX 77843 756001353 115 7000 SCIENTIFIC RESEARCH AND EDUCATION AND PHILLIP SCHOLARSHIPS KISHWAUKEE COLLEGE 21193 MALTA ROAD MALTA IL 60150 237433949 115 7000 PHILLIP SCHOLARSHIPS KANSAS STATE UNIVERSITY 1800 KIMBALL AVENUE SUITE 200 MANHATTAN KS 66502 480667209 115 6000 SCIENTIFIC RESEARCH AND EDUCATION AMERICAN SOCIETY FOR HORTICULTURAL SCIENCE 1018 DUKE STREET ALEXANDRIA VA 22314 381574442 501(C)3 5000 SCIENTIFIC RESEARCH AND EDUCATION SCIENTIFIC RESEARCH AND EDUCATION 16 0 AFE SCHOLARSHIPS 18 36500 ALTMAN FAMILY SCHOLASHIP 2 10800 BALL SCHOLARSHIPS 7 28478 DEMAREE BUSINESS SCHOLARSHIPS 3 7500 ECKE SCHOLARSHIP 1 5000 MOSMILLAR SCHOLARSHIPS 1 2000 YOUNG PROFESSIONAL COUNCIL 2 1000 TRAVEL GRANTS 4 6000 PART I, LINE 2: PROGRESS REPORTS AND CONTINUING FUNDING APPLICATIONS ARE REQUIRED FOR ALL GRANTS. THESE ARE REVIEWED ANNUALLY BY BOARD COMMITTEES. X X 0 1 0 0 0 0 0 0 0 DEBRA L CHEDESTER EXECUTIVE DIRECTOR 146927 0 0 0 0 0 5536 0 13435 0 165898 0 0 0 PART I, LINE 4B AFE HAS ESTABLISHED THE AMERICAN FLORAL ENDOWMENT 457(F) PLAN FOR A KEY EMPLOYEE. LIABILITIES UNDER THE 457(F) PLANS AMOUNTED TO $22,905 AT JUNE 30, 2021. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE ACCOUNTANT AND THE EXECUTIVE DIRECTOR. ANY REQUIRED CHANGES ARE DISCUSSED WITH THE TAX AUDITORS AND THE REVISED COPY IS SENT BACK TO THE ACCOUNTANT AND THE EXECUTIVE FOR A SECOND REVIEW. A COPY OF THE FORM 990 IS PROVIDED TO THE TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT-OF-INTEREST POLICY APPLIES TO TRUSTEES, OFFICERS, AND STAFF MEMBERS. ALL COVERED INDIVIDUALS ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS ANNUALLY BY COMPLETING A DISCLOSURE FORM. THESE QUESTIONNAIRES ARE REVIEWED AND MONITORED BY THE EXECUTIVE COMMITTEE OF THE ORGANIZATION OR THE BOARD OF TRUSTEES. FOR INDIVIDUALS WITH POTENTIAL CONFLICTS, A DECISION IS MADE WHETHER TO WAIVE THE POTENTIAL CONFLICT IF IT IS DEEMED NOT TO HAVE A MATERIAL IMPACT, RECUSE THE INDIVIDUAL FROM ALL DELIBERATIONS AND DECISION MAKING RELATED TO THE PARTICULAR TRANSACTION OR WHETHER THE INDIVIDUAL SHOULD RESIGN FROM SERVICE TO AFE. FORM 990, PART VI, SECTION B, LINE 15A THE CHAIRMAN AND PAST CHAIRMAN HAVE THE PRIMARY RESPONSIBILITY TO PERFORM THE ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR WILL SUBMIT TO THE CHAIRMAN AND PAST CHAIRMAN HER ANNUAL SELF-EVALUATION, NO LATER THAN MAY 15TH OF EACH YEAR. THE CHAIRMAN AND PAST CHAIRMAN WILL REVIEW THIS DOCUMENT AND THE CHAIRMAN WILL CONDUCT A REVIEW WITH THE EXECUTIVE DIRECTOR TO ANSWER ANY QUESTIONS AND DISCUSS PERFORMANCE. FOLLOWING THIS DISCUSSION/MEETING, THE CHAIRMAN WILL SHARE THE SELF-EVALUATION AND DISCUSSION WITH THE PAST CHAIRMAN, AND THEY WILL JOINTLY MAKE A RECOMMENDATION TO THE EXECUTIVE COMMITTEE. THEY WILL ALSO HAVE ACCESS TO SALARY, BENEFITS, SURVEY INFORMATION CONDUCTED ANNUALLY BY THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES (ASAE), IN ORDER TO ENSURE COMPENSATION AND BENEFITS ARE FAIR AND WITHIN THE ASSOCIATION PROFESSION. THIS FULL PROCESS OF THE ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR SHOULD BE COMPLETED PRIOR TO THE END OF AFE'S FISCAL YEAR (JUNE 30). FORM 990, PART VI, SECTION C, LINE 19 THE ENDOWMENT MAKES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST. FLORAL MARKETING RESEARCH FUND 1001 N FAIRFAX STREET SUITE 201 ALEXANDRIA VA 22314 461488496 PROMOTON OF FLORICULTURE RESEARCH DC 501(C)(6) AMERICAN FLORAL ENDOWMENT 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0