2022-11-10T12:57:00-06:00 2022-06-30 440160260 FORVIS LLP 440 MONTICELLO AVE SUITE 1400 NORFOLK VA 23510 990 2021-07-01 237053028 EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION EAST 7574466051 P O BOX 5 NORFOLK VA 235010005 THOMASIN CHRISMAN ASSISTANT TREASURER 7574466065 2022-11-08 1 THOMASIN CHRISMAN 999009999 LAKRISHA J WATSON P01677333 7576245100 2022-11-08 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z MARK B DREYFUS P O BOX 5 NORFOLK VA 235010005 22947082 0 X WWW.EVMSFOUNDATION.ORG 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. 23 23 0 23 0 90854 18448443 9527358 0 0 9198284 9479122 93635 21984 27740362 19028464 8406911 9557125 0 0 200330 172776 61648 0 11646 867935 909932 9536824 10639833 18203538 8388631 179483050 165919612 250447 1563678 179232603 164355934 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 5390622 5390622 21984 RESTRICTED GRANTS GIVEN TO THE EASTERN VIRGINIA MEDICAL SCHOOL FOR MEDICAL RESEARCH AND EDUCATIONAL PROGRAMS. 1417029 1417029 APPROPRIATIONS FOR MAINTENANCE AND OPERATIONS OF THE EASTERN VIRGINIA MEDICAL SCHOOL APPROVED BY THE BOARD OF THE FOUNDATION. 1651671 1651671 APPROPRIATIONS FOR PROGRAM AND PROFESSORSHIP ENHANCEMENTS OF THE EASTERN VIRGINIA MEDICAL SCHOOL APPROVED BY THE BOARD OF THE FOUNDATION. 1097803 1097803 APPROPRIATIONS FOR STUDENT SCHOLARSHIPS AT THE EASTERN VIRGINIA MEDICAL SCHOOL APPROVED BY THE BOARD OF THE FOUNDATION. 1097803 1097803 9557125 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 3 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AZ CA KY ME MD MA MI MN NY NH NJ CO OH OK OR UT WA SC 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 ANDY FINE TRUSTEE 1.00 X 0 0 0 STEVEN D FREDRICKSON TRUSTEE 1.00 X 0 0 0 DAWN S GLYNN TRUSTEE 1.00 X 0 0 0 ROBERT C GOODMAN JR 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 ESQ 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 DARLEEN MASTIN 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 DEBORAH B RUSSELL TRUSTEE 1.00 X 0 0 0 JANE R SHORT CFP TRUSTEE 1.00 X 0 0 0 CHARITY A VOLMAN TRUSTEE 1.00 X 0 0 0 LEWIS W WEBB III ESQ TRUSTEE 1.00 X 0 0 0 0 0 0 0 0 0 0 0 9527358 388690 9527358 1272794 1272794 12124946 3918618 8206328 8206328 8206328 NET LIFE INSURANCE ACTIVITY 524298 21984 21984 21984 19028464 21984 0 9479122 9546160 9546160 10965 10965 137172 137172 35604 35604 37100 37100 805075 805075 500 500 4103 4103 6500 6500 GENERAL EXPENSES 42659 42659 SPECIAL EVENTS & OTHER 11146 11146 BANK CHARGES 2849 2849 10639833 9557125 1071062 11646 365133 203928 15001321 12198925 3984388 3466599 45993415 43104053 112376021 105146521 1762772 1799586 179483050 165919612 250447 1563678 250447 1563678 X 25529149 22066314 153703454 142289620 179232603 164355934 179483050 165919612 8388631 -23265300 0 X X 0 1 X 1 0 X 7574388 23785190 7406388 18448443 9527358 66741767 7574388 23785190 7406388 18448443 9527358 66741767 4560876 62180891 1072576 1714178 1643348 1169331 1272794 6872227 82383 86626 86798 93635 21984 371426 73985420 0.84040 0.82760 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: NET LIFE INSURANCE ACTIVITY - 2017 AMOUNT: $ 27,946. 2018 AMOUNT: $ 9,375. 2019 AMOUNT: $ 29,702. 2020 AMOUNT: $ 30,689. 2021 AMOUNT: $ 21,984. FUNDRAISING REIMBURSEMENT - 2017 AMOUNT: $ 54,437. 2018 AMOUNT: $ 77,251. 2019 AMOUNT: $ 57,096. 2020 AMOUNT: $ 62,946. 2021 AMOUNT: $ 0. SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: PLEDGE DATE: 10/20/20 AMOUNT: 11500000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 152680070 4149324 -15050978 4152705 137625711 115609034 2571213 37865241 3365418 152680070 115186989 1698795 1919746 3196496 115609034 98091738 14207368 6377263 3489380 115186989 91612779 2233460 7296788 3051289 98091738 0.16000 0.62000 0.22000 0 0 0 ALTERNATIVE INVESTMENTS 105146521 F 105146521 AMOUNT DUE TO AFFILIATES 1563678 1563678 X -4489657 -23265300 552254 -22713046 18223389 805075 805075 19028464 10387012 552254 552254 9834758 805075 805075 10639833 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 RESTRICITONS. 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, 2022 AND 2021. 1 EASTERN VIRGINIA MEDICAL SCHOOL PO BOX 1980 NORFOLK VA 23501 546055378 501(C)(3) 9546160 0 SUPPORT EVMS PROFESSORSHIPS, CHAIRS, AND OPERATIONS, SCHOLARSHIPS 1 0 AWARDS 12 10965 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 35 388690 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.