2021-11-09T07:37:55-06:00 2021-06-30 560747981 DIXON HUGHES GOODMAN LLP 440 MONTICELLO AVE SUITE 1400 NORFOLK VA 23510 990 2020-07-01 237053028 EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION EAST 7574466051 P O BOX 5 NORFOLK VA 235010005 THOMASIN CHRISMAN ASSISTANT TREASURER 7574466065 2021-11-04 1 THOMASIN CHRISMAN 999009999 LAKRISHA J WATSON P01677333 7576245100 2021-11-04 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MARK B DREYFUS 358 MOWBRAY ARCH NORFOLK VA 23501 30674603 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. 27 27 0 24 0 0 7406388 18448443 0 0 4718574 9198284 86798 93635 12211760 27740362 6711632 8406911 0 0 197797 200330 58395 61648 64217 914163 867935 7881987 9536824 4329773 18203538 130927312 179483050 59483 250447 130867829 179232603 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 4448439 4448439 93635 RESTRICTED GRANTS GIVEN TO THE EASTERN VIRGINIA MEDICAL SCHOOL FOR MEDICAL RESEARCH AND EDUCATIONAL PROGRAMS. 1566001 1566001 APPROPRIATIONS FOR MAINTENANCE AND OPERATIONS OF THE EASTERN VIRGINIA MEDICAL SCHOOL APPROVED BY THE BOARD OF THE FOUNDATION. 1294328 1294328 APPROPRIATIONS FOR PROGRAM AND PROFESSORSHIP ENHANCEMENTS OF THE EASTERN VIRGINIA MEDICAL SCHOOL APPROVED BY THE BOARD OF THE FOUNDATION. 1098143 1098143 APPROPRIATIONS FOR STUDENT SCHOLARSHIPS AT THE EASTERN VIRGINIA MEDICAL SCHOOL APPROVED BY THE BOARD OF THE FOUNDATION. 1098143 1098143 8406911 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 3 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 27 27 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 358 MOWBRAY ARCH NORFOLK VA 23501 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 BENJAMIN G COTTRELL V 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 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 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 JUSTIN C BALLARD TRUSTEE 1.00 X 0 0 0 PAUL D CHIDESTER MD TRUSTEE 1.00 X 0 0 0 BETTY E MURDEN TRUSTEE 1.00 X 0 0 0 LOUIS F RYAN ESQ TRUSTEE 1.00 X 0 0 0 0 0 0 0 0 0 0 0 18448443 652800 18448443 1169331 1169331 10963194 2934241 8028953 8028953 8028953 FUNDRAISING REIMBURSEMENT 541900 62946 62946 NET LIFE INSURANCE ACTIVITY 524298 30689 30689 93635 27740362 93635 0 9198284 8398986 8398986 7925 7925 160876 160876 39454 39454 29850 29850 61648 61648 794022 794022 4412 4412 6500 6500 GENERAL EXPENSES 28595 28595 SPECIAL EVENTS & OTHER 2569 2569 BANK CHARGES 1987 1987 9536824 8406911 1065696 64217 581751 365133 10283106 15001321 3502381 3984388 33479509 45993415 81361602 112376021 1718963 1762772 130927312 179483050 59483 250447 59483 250447 X 18197553 25529149 112670276 153703454 130867829 179232603 130927312 179483050 18203538 30161236 0 X X 0 1 X 1 0 X 4610937 7574388 23785190 7406388 18448443 61825346 4610937 7574388 23785190 7406388 18448443 61825346 4871953 56953393 917002 1072576 1714178 1643348 1169331 6516435 126227 82383 86626 86798 93635 475669 68817450 0.82760 0.82950 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: NET LIFE INSURANCE ACTIVITY - 2016 AMOUNT: $ 28,882. 2017 AMOUNT: $ 27,946. 2018 AMOUNT: $ 9,375. 2019 AMOUNT: $ 29,702. 2020 AMOUNT: $ 30,689. FUNDRAISING REIMBURSEMENT - 2016 AMOUNT: $ 97,345. 2017 AMOUNT: $ 54,437. 2018 AMOUNT: $ 77,251. 2019 AMOUNT: $ 57,096. 2020 AMOUNT: $ 62,946. SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: PLEDGE DATE: 10/20/20 AMOUNT: 11500000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 115609034 2571213 37865241 3365418 152680070 115186989 1698795 1919746 3196496 115609034 98091738 14207368 6377263 3489380 115186989 91612779 2233460 7296788 3051289 98091738 84082487 592890 9387976 2450574 91612779 0.16000 0.53000 0.31000 0 0 0 ALTERNATIVE INVESTMENTS 112376021 F 112376021 AMOUNT DUE TO AFFILIATES 250447 250447 X 57525653 30161236 481023 30642259 26883394 794022 62946 856968 27740362 9160879 481023 -62946 418077 8742802 794022 794022 9536824 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, 2021 AND 2020. PART XI, LINE 4B - OTHER ADJUSTMENTS: REIMBURSEMENTS FROM EVMS 62,946. PART XII, LINE 2D - OTHER ADJUSTMENTS: PAYMENTS TO FUNDRAISER AND VENDOR - REIMBURSED BY EVMS -62,946. 1 RUFFALO NOEL LEVITZ 1025 KIRKWOOD PARKWAY SW CEDAR RAPIDS IA 52404 FUNDRAISING 0 45862 61648 -15786 45862 61648 -15786 AL AK AZ AR CA CO CT FL GA HI IL KS KY LA ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI DC 1 EASTERN VIRGINIA MEDICAL SCHOOL PO BOX 1980 NORFOLK VA 23501 546055378 501(C)(3) 8398986 SUPPORT EVMS PROFESSORSHIPS, CHAIRS, AND OPERATIONS, SCHOLARSHIPS 1 0 AWARDS 8 7925 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 25 652800 QUOTED STOCK PRICES 0 1 0 PART I, COLUMN (B): FOR LINE 9(B), THE NUMBER OF STOCKS 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.