2020-11-16T14:00:14-06:00 2020-06-30 560747981 DIXON HUGHES GOODMAN LLP 440 MONTICELLO AVE SUITE 1400 NORFOLK VA 23510 990 2019-07-01 237053028 EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION EAST 7574466051 P O BOX 5 NORFOLK VA 235010005 CAMILLE L ENDRES ASSISTANT TREASURER 7574466065 2020-11-02 1 LAKRISHA J WATSON P01677333 7576245100 2020-10-02 68.238.16.128 2020-11-02 10:59:20 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 F5546B5B7CD38A446598DAD023256886AFA7EE0D 2019 2021-01-29 14:40:06Z MARK B DREYFUS 358 MOWBRAY ARCH NORFOLK VA 23501 13628953 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 27 0 -268546 23785190 7406388 0 0 6695584 4718574 86626 86798 30567400 12211760 8143025 6711632 0 0 183599 197797 76848 58395 65979 791496 914163 9194968 7881987 21372432 4329773 128471833 130927312 390422 59483 128081411 130867829 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 3448787 3448787 86798 RESTRICTED GRANTS GIVEN TO THE EASTERN VIRGINIA MEDICAL SCHOOL FOR MEDICAL RESEARCH AND EDUCATIONAL PROGRAMS. 1136989 1136989 APPROPRIATIONS FOR MAINTENANCE AND OPERATIONS OF THE EASTERN VIRGINIA MEDICAL SCHOOL APPROVED BY THE BOARD OF THE FOUNDATION. 1290120 1290120 APPROPRIATIONS FOR PROGRAM AND PROFESSORSHIP ENHANCEMENTS OF THE EASTERN VIRGINIA MEDICAL SCHOOL APPROVED BY THE BOARD OF THE FOUNDATION. 835736 835736 APPROPRIATIONS FOR STUDENT SCHOLARSHIPS AT THE EASTERN VIRGINIA MEDICAL SCHOOL APPROVED BY THE BOARD OF THE FOUNDATION. 835736 835736 6711632 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 0 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 CAMILLE L ENDRES ASSISTANT TREASU 7574466065 358 MOWBRAY ARCH NORFOLK VA 23501 X WAYNE F WILBANKS CFA CHAIRMAN 1.00 X X 0 0 0 SHIRLEY C BALDWIN VICE CHAIR 1.00 X X 0 0 0 ANDREW S FINE ESQ SECRETARY 1.00 X X 0 0 0 MARK B DREYFUS TREASURER 1.00 X 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 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 PATRICIA Y KING TRUSTEE 1.00 X 0 0 0 EDWARD L LILLY MD 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 MARY E BETTY MURDEN 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 LOUIS F RYAN ESQ TRUSTEE 1.00 X 0 0 0 JANE R SHORT CFP TRUSTEE 1.00 X 0 0 0 STEPHEN M SNYDER TRUSTEE 1.00 X 0 0 0 CHARITY A VOLMAN TRUSTEE 1.00 X 0 0 0 BRADLEY J WAITZER 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 7406388 1993831 7406388 1643348 1643348 4492419 1417193 3075226 3075226 3075226 FUNDRAISING REIMBURSEMENT 541900 57096 57096 NET LIFE INSURANCE ACTIVITY 524298 29702 29702 86798 12211760 86798 0 4718574 6703882 6703882 7750 7750 161575 161575 36222 36222 27000 27000 58395 58395 844178 844178 4380 4380 6500 6500 GENERAL EXPENSES 22125 22125 SPECIAL EVENTS & OTHER 7584 7584 BANK CHARGES 2396 2396 7881987 6711632 1104376 65979 689837 581751 13410626 10283106 3543196 3502381 30637947 33479509 78516817 81361602 1673410 1718963 128471833 130927312 40000 350422 59483 390422 59483 X 18207668 18197553 109873743 112670276 128081411 130867829 128471833 130927312 4329773 -1543355 0 X X 0 1 X 1 0 X 16062819 4610937 7574388 23785190 7406388 59439722 16062819 4610937 7574388 23785190 7406388 59439722 4135241 55304481 1419758 917002 1072576 1714178 1643348 6766862 80722 126227 82383 86626 86798 462756 66669340 0.82950 0.81870 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: NET LIFE INSURANCE ACTIVITY - 2015 AMOUNT: $ 31,142. 2016 AMOUNT: $ 28,882. 2017 AMOUNT: $ 27,946. 2018 AMOUNT: $ 9,375. 2019 AMOUNT: $ 29,702. FUNDRAISING REIMBURSEMENT - 2015 AMOUNT: $ 49,580. 2016 AMOUNT: $ 97,345. 2017 AMOUNT: $ 54,437. 2018 AMOUNT: $ 77,251. 2019 AMOUNT: $ 57,096. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 115186989 1698795 1919746 3196496 115609034 98091738 14207368 6377263 3489380 115186989 91612779 2233460 7296788 3051289 98091738 84082487 592890 9387976 2450574 91612779 76185315 11708202 -1264362 2546668 84082487 0.16000 0.68000 0.16000 0 0 0 ALTERNATIVE INVESTMENTS 81361602 F 81361602 AMOUNT DUE TO AFFILIATES 59483 59483 X 10272855 -1543355 505724 -1037631 11310486 844178 57096 901274 12211760 7486437 505724 -57096 448628 7037809 844178 844178 7881987 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, 2020 AND 2019. PART XI, LINE 4B - OTHER ADJUSTMENTS: REIMBURSEMENTS FROM EVMS 57,096. PART XII, LINE 2D - OTHER ADJUSTMENTS: PAYMENTS TO FUNDRAISER AND VENDOR - REIMBURSED BY EVMS -57,096. 1 RUFFALO NOEL LEVITZ 1025 KIRKWOOD PARKWAY SW CEDAR RAPIDS IA 52404 FUNDRAISING 0 45185 58395 -13210 45185 58395 -13210 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) 6703882 SUPPORT EVMS PROFESSORSHIPS, CHAIRS, AND OPERATIONS, SCHOLARSHIPS 1 0 AWARDS 8 7750 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 50 1993831 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 ASSITANCE 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.