2022-12-22T13:41:59-06:00 2022-06-30 232896692 BBD LLP 1835 MARKET STREET 3RD FLOOR PHILADELPHIA PA 19103 990 2021-07-01 236268380 AMERICAN FLORAL ENDOWMENT AMER 7038385211 610 MADISON STREET STE 101 PMB 803 ALEXANDRIA VA 22314 DEBRA CHEDESTER EXECUTIVE DIRECTOR 7038385211 2022-12-22 1 DEBRA CHEDESTER 999009999 JENNIFER SOLOT P00749373 2155677770 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z X DEBRA CHEDESTER 610 MADISON STREET STE 101 PMB 803 ALEXANDRIA VA 22314 4143477 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 4 18 28075 9644 606898 999197 0 0 761817 1447194 4162 19108 1372877 2465499 596537 806473 0 0 402718 458332 0 0 40392 207550 282898 1206805 1547703 166072 917796 26310169 23273313 105642 254698 26204527 23018615 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 ACQUISITION 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. 0 0 1141496 806473 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. 1141496 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 0 0 1 1 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 10 0 1 4 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 610 MADISON STREET STE 101 PMB 803 ALEXANDRIA VA 22314 LAURA SHINALL CHAIRMAN 2.00 1.00 X X 0 0 0 JIM DALY PAST CHAIRMAN 2.00 1.00 X X 0 0 0 KEN YOUNG CHAIRMAN-ELECT 2.00 1.00 X X 0 0 0 GREG ROYER TREASURER/SECRETARY 2.00 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 37.50 2.00 X 166498 0 13305 166498 0 13305 1 0 1 0 0 136950 46847 815400 999197 530476 28075 502401 2594696 1677978 916718 916718 916718 0 136950 0 0 MISCELLANEOUS INCOME 900099 19108 19108 19108 2465499 0 28075 1438227 622504 622504 133969 133969 50000 50000 175530 131648 29840 14042 228372 163589 46982 17801 12724 9301 2420 1003 17628 12885 3353 1390 24078 17600 4580 1898 54622 54622 94529 94529 11831 9304 2527 29275 29275 4447 4447 MISCELLANEOUS EXPENSES 63041 61310 1731 PUBLIC RELATIONS 25153 25153 1547703 1141496 365815 40392 382069 981232 643483 473099 6485 6160 20726394 17246610 4398550 4413024 153188 153188 26310169 23273313 35890 60689 194009 46847 22905 0 105642 254698 X 11469469 9991173 14735058 13027442 26204527 23018615 26310169 23273313 917796 -3876677 -227031 0 X 0 1 X 1 0 X 1198763 896702 361774 606898 999197 4063334 1198763 896702 361774 606898 999197 4063334 802008 3261326 398312 544911 461011 367345 502401 2273980 13859 13859 -15811 24830 4653 8867 19108 41647 6392820 0.51020 0.50350 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2017 AMOUNT: $ -15,811. 2018 AMOUNT: $ 24,830. 2019 AMOUNT: $ 4,653. 2020 AMOUNT: $ 3,191. 2021 AMOUNT: $ 19,108. INSURANCE PROCEEDS - 2020 AMOUNT: $ 5,676. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13593047 1601634 -1442381 606670 13145630 10761178 212819 2876253 257203 13593047 20431159 249074 338283 644368 20374148 20139461 311300 1068343 1087945 20431159 19347107 314113 1465053 986812 20139461 1.00000 0 0 0 NORTHERN TRUST PRIVATE EQUITY FUND III, V, VII, VIII 2580629 F NORTHERN TRUST ALPHA CORE STRATEGIES FUND 1832395 F 4413024 X -1465800 -3876677 -3876677 2410877 54622 54622 2465499 1493081 0 1493081 54622 54622 1547703 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. 1 NORTH AMERICA 0 0 GRANTS TO RECIPIENTS 50000 EAST ASIA AND THE PACIFIC 0 0 FUNDRAISING 0 0 0 0 0 0 50000 0 50000 NORTH AMERICA SCIENTIFIC RESEARCH 50000 CHECK 0 FMV 1 0 1 0 0 0 0 0 PART I, LINE 2: PROGRESS REPORTS AND CONTINUING FUNDING APPLICATIONS ARE REQUIRED FOR ALL GRANTS. THESE ARE REVIEWED ANNUALLY BY BOARD COMMITTEES. PART III ACCOUNTING METHOD: ENDOWMENT DINNER 136950 136950 136950 136950 1 CLEMSON UNIVERSITY E-143 POOLE AGRICULTURE CENTER CLEMSON SC 26934 576000254 115 108954 0 SCIENTIFIC RESEARCH AND EDUCATION UNIVERSITY OF GEORGIA 1111 PLANT SCIENCE BLDG ATHENS GA 30602 586001998 115 95500 0 SCIENTIFIC RESEARCH AND EDUCATION OHIO STATE UNIVERSITY 1399 CAMPUS DRIVE COLUMBUS OH 43210 316025986 115 89181 0 SCIENTIFIC RESEARCH AND EDUCATION, PHILLIP SCHOLARSHIPS, AND GUS POESCH UNIVERSITY OF FLORIDA 1523 FIFIELD HALL PO BOX 110670 GAINESVILLE FL 32611 596002052 115 28400 0 SCIENTIFIC RESEARCH AND EDUCATION UNIVERSITY OF ARKANSAS 535 WEST RESEARCH CENTER BLVD SUITE 120 FAYETTEVILLE AR 72701 716056774 115 5135 0 SCIENTIFIC RESEARCH AND EDUCATION THE UNIVERSITY OF TEXAS AT ARLINGTON 701 S NEDDERMAN DRIVE ARLINGTON TX 76019 746000203 115 21000 0 SCIENTIFIC RESEARCH AND EDUCATION NORTH CAROLINA STATE UNIVERSITY 1000 HARRIS HALL BOX 7313 NC STATE UNIVERSITY RALEIGH NC 276957313 566000756 115 50000 0 SCIENTIFIC RESEARCH AND EDUCATION MISSISSIPPI STATE UNIVERSITY 75 BS HOOD ROAD MISSISSIPPI STATE MS 39762 646000819 115 8000 0 PHILLIP SCHOLARSHIPS TEXAS A&M UNIVERSITY 3137 TAMU COLLEGE STATION TX 77843 756001353 115 7000 0 PHILLIP SCHOLARSHIPS KISHWAUKEE COLLEGE 21193 MALTA ROAD MALTA IL 60150 237433949 115 7000 0 PHILLIP SCHOLARSHIPS UNIVERSITY OF NEW HAMPSHIRE 105 MAIN ST DURHAM NH 03824 026000937 115 17790 0 SCIENTIFIC RESEARCH AND EDUCATION MICHIGAN STATE UNIVERSITY 1066 BOGUE STREET EAST LANSING MI 48824 371838193 115 115844 0 SCIENTIFIC RESEARCH AND EDUCATION LONGWOOD GARDENS PO BOX 501 KENNETT SQUARE PA 19348 510110625 501(C)(3) 20000 0 SCIENTIFIC RESEARCH AND EDUCATION 13 0 AFE SCHOLARSHIPS 21 51800 ALTMAN FAMILY SCHOLASHIP 4 16000 BALL SCHOLARSHIPS 8 38250 THRIPS AND BOTRYTIS NEWSLETTER 1 450 ECKE SCHOLARSHIP 2 10000 MOSMILLAR SCHOLARSHIPS 3 4500 YOUNG PROFESSIONAL COUNCIL 2 352 TRAVEL GRANTS 4 5442 INTERN OF THE YEAR 5 4399 ADVISOR VISIT 4 2776 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 144228 0 7000 0 15270 0 0 0 13305 0 179803 0 15270 0 PART I, LINE 4B THE EXECUTIVE DIRECTOR HAS RECEIVED A DISTRIBUTION OF PREVIOUSLY DEFERRED COMPENSATION UNDER A 457(F) PLAN OF $15,270. LIABILITIES UNDER THE 457(F) PLAN AMOUNTED TO $0 AT JUNE 30, 2022. 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 610 MADISON STREET STE 101 PMB 803 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