2020-11-06T09:41:14-06:00 2019-12-31 420714325 RSM US LLP 2021 L STREET NW 400 WASHINGTON DC 20036 990 2019-01-01 520700497 FEDERATION OF AMERICAN SOCIETIES FOR EXPERIMENTAL BIOLOGY FEDE 3016347000 9650 ROCKVILLE PIKE BETHESDA MD 20814 FRANK KRAUSE EXEC DIRECTOR 3016347000 2020-11-06 1 ELIZABETH W HELLER P00397829 2022932200 2020-11-06 173.79.22.96 2020-11-06 09:40:13 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 907A16943A5AE6BD468F5755AE9454C37C362E74 2019 2021-01-29 14:40:06Z FASEB FRANK KRAUSE 9650 ROCKVILLE PIKE BETHESDA MD 20814 18339657 0 X WWW.FASEB.ORG X 1912 DC TO ADVANCE HEALTH AND WELFARE BY PROMOTING PROGRESS AND EDUCATION IN BIOLOGICAL/BIOMEDICAL SCIENCES. 32 32 59 140 77124 19571 2427575 1764802 14185809 16072889 139287 -4564 304762 301059 17057433 18134186 2002056 1937510 0 0 7797800 5789024 0 0 0 9216103 10583880 19015959 18310414 -1958526 -176228 21735597 21406506 5527819 5370778 16207778 16035728 X THE FEDERATION OF AMERICAN SOCIETIES FOR EXPERIMENTAL BIOLOGY (FASEB) ADVANCES HEALTH AND WELFARE BY PROMOTING PROGRESS AND EDUCATION IN BIOLOGICAL AND BIOMEDICAL SCIENCES THROUGH SERVICE TO ITS MEMBER SOCIETIES AND COLLABORATIVE ADVOCACY. 0 0 6991929 1933859 6256287 SCIENCE RESEARCH CONFERENCES - THE FASEB SCIENCE RESEARCH CONFERENCES ARE A SERIES OF SCIENTIFIC CONFERENCES THAT PROMOTE DIALOGUE AMONG RESEARCHERS, MANY OF WHOM ARE INDIVIDUAL MEMBERS OF FASEB MEMBER SOCIETIES, IN THE BIOLOGICAL AND BIOMEDICAL SCIENCES TO SPUR INNOVATION AND EXCHANGE KNOWLEDGE. 4271676 3537311 MANAGEMENT SUPPORT SERVICES - TAILORED MANAGEMENT SERVICES ARE PROVIDED TO HELP MEET THE PRECISE NEEDS OF SCIENTIFIC SOCIETIES, FROM THEIR DAY-TO-DAY ADMINISTRATION TO LONG-TERM PLANNING, AS WELL AS MEET THE FEDERATION'S STRATEGIC GOAL OF HELPING TO FACILITATE THE MISSIONS OF SCIENTIFIC SOCIETIES. 2140155 3650 1122121 CORE FUNCTIONS - LEGISLATIVE AFFAIRS AND SCIENCE POLICY ACTIVITIES WITHIN THE OFFICE OF PUBLIC AFFAIRS (OPA) SUPPORT THE FEDERATION'S CORE COMPETENCY, ADVANCING RESEARCH FUNDING AND POLICIES THAT STIMULATE THE BIOLOGICAL AND BIOMEDICAL SCIENCES. THROUGH OPA'S IN-DEPTH POLICY ANALYSES, DEVELOPMENT AND EXECUTION OF LEGISLATIVE STRATEGIES, AND COMMUNICATION AND SUPPORT FOR ALL FASEB PUBLIC POLICY INITIATIVES, CORE FUNCTIONS PROVIDE THE MOST DIRECT BENEFIT TO MEMBER SOCIETIES AND THEIR INDIVIDUAL MEMBERS. 1896531 5157170 FASEB JOURNALS - THE FASEB JOURNAL AND FASEB BIOADVANCES, FASEB'S FLAGSHIP JOURNALS, FEATURE TRANSDISCIPLINARY ORIGINAL RESEARCH THAT SUPPORTS THE FEDERATION'S STRATEGIC GOAL TO PROMOTE SCIENTIFIC PROGRESS AND EDUCATION IN THE BIOSCIENCES. 1896531 5157170 15300291 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 42 0 1 59 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 32 32 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 MD X JULIE JONES 3016347000 9650 ROCKVILLE PIKE BETHESDA MD 208143998 HANNAH CAREY PRESIDENT 5.00 X X 0 0 0 LOUIS B JUSTEMENT PRESIDENT-ELECT 5.00 X X 0 0 0 JAMES M MUSSER PRES/IMMED PAST PRES 5.00 X X 0 0 0 CHESTER A RAY TREASURER 5.00 X X 0 0 0 PATRICIA L MORRIS VP SCIENCE POLICY 5.00 X X 0 0 0 KEVIN C KREGEL VP-ELECT SCI POL 1.50 X X 0 0 0 CHARLES W FREVERT TREASURER-ELECT 1.50 X X 0 0 0 ANDREA TAYLOR DIRECTOR 1.50 X 0 0 0 BETH A GARVY DIRECTOR 1.50 X 0 0 0 NANCY FISHER DIRECTOR 1.50 X 0 0 0 WILLIAM B FARQUHAR DIRECTOR 1.50 X 0 0 0 AMIR A ZEKI DIRECTOR 1.50 X 0 0 0 HOLLY BROWN-BORG DIRECTOR 1.50 X 0 0 0 BETSY A BOVE DIRECTOR 1.50 X 0 0 0 PHILIP E DAWSON DIRECTOR 1.50 X 0 0 0 C ROBERT MATTHEWS DIRECTOR 1.50 X 0 0 0 BRENDAN F BOYCE DIRECTOR 1.50 X 0 0 0 TALAT ALP IKIZLER DIRECTOR 1.50 X 0 0 0 CHARLES A PARKOS DIRECTOR 1.50 X 0 0 0 KELLY A TAPPENDEN DIRECTOR 1.50 X 0 0 0 CATHERINE DAVIS DIRECTOR 1.50 X 0 0 0 CHRISTINE PERDAN CURRAN DIRECTOR 1.50 X 0 0 0 ALAN SCHNEYER DIRECTOR 1.50 X 0 0 0 TERRY MAGNUSON DIRECTOR 1.50 X 0 0 0 RACHEL BREWSTER DIRECTOR 1.50 X 0 0 0 MICHAEL LEHMAN DIRECTOR 1.50 X 0 0 0 PAMELA STANLEY DIRECTOR 1.50 X 0 0 0 ERIC E KELLEY DIRECTOR 1.50 X 0 0 0 LEE-ANN ALLEN DIRECTOR 1.50 X 0 0 0 JOHN B MORRIS DIRECTOR 1.50 X 0 0 0 DIANE M DUFFY DIRECTOR 1.50 X 0 0 0 RALPH A BRADSHAW DIRECTOR 1.50 X 0 0 0 FRANK J KRAUSE EXEC DIR/CEO 37.50 X X 479656 0 59835 JENNIFER L ZEITZER DIRECTOR OF PUBLIC AFFAIRS 37.50 X 208787 0 30377 TODD BENTSEN DIRECTOR OF COMMUNICATIONS 37.50 X 171742 0 44387 YVETTE SEGER DIR. OF SCIENCE POL./DEPUTY DIR. OF PUB. AFRS 37.50 X 164462 0 27323 ANDREA BAUERFEIND DIRECTOR OF OSMC 37.50 X 132656 0 44449 JACQUELYN ROBERTS DIR MARC PROF. DEVELOPMENT 37.50 X 133836 0 23178 JOSEPH D MILLER DR WEB DEV, PROG, DB ADM. 37.50 X 117209 0 38330 1408348 0 267879 15 0 1 0 MARCUM LLP 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 CONSULTANT 1152071 VIRTUAL LOGIC GROUP LLC 4362 HUNTLEY COURT WOODBRIDGE VA 22192 CONSULTANT 710096 KELLOGG CONSULTING GROUP 2130 P STREET NW STE 1011 WASHINGTON DC 20037 CONSULTANT 152071 FEDERAL SCIENCE PARTNERS 1201 NEW YORK AVENUE NW SUITE 400 WASHINGTON DC 20005 LOBBYING 144000 KAREN KING 1015 KENNON COURT ROCKVILLE MD 20851 CONSULTANT 134024 6 800729 964073 1764802 MEETINGS 900099 6491427 6491427 PUBLICATIONS 511120 5157170 5157170 SOCIETY SERVICES 561000 3328824 77124 3251700 MEMBERSHIP DUES 900099 1095468 1095468 16072889 22041 22041 156896 156896 118887 31990 86897 86897 86897 146876 173481 -26605 -26605 -26605 MISCELLANEOUS 900099 57266 57266 57266 18134186 12744065 77124 3548195 X 3650 3650 1453790 1453790 480070 480070 783554 641060 142494 3872051 3167896 704155 367248 300462 66786 429921 351737 78184 336250 275101 61149 138243 111254 26989 1162631 935650 226981 2042994 1751010 291984 68860 56139 12721 384532 309460 75072 290558 233832 56726 646149 513756 132393 598037 206579 391458 3550767 3136481 414286 1566 1260 306 106799 81826 24973 159075 128019 31056 INCOME TAX 31173 25087 6086 PUBLICATION PRODUCTION 953018 766960 186058 BAD DEBT EXPENSE 138448 111419 27029 PAYROLL/PERSONNEL PROCE 134389 108152 26237 176641 149641 27000 18310414 15300291 3010123 0 2157095 2049105 35100 165945 1670965 1115857 549796 558816 31493987 16522377 14919873 14971610 1187247 1214883 1215521 1330290 21735597 21406506 1072903 1059434 2557695 2310583 1897221 2000761 5527819 5370778 X 15960199 16011095 247579 24633 16207778 16035728 21735597 21406506 -176228 4178 0 X X 0 1 X 1 1 1 X 3041104 2753500 2667067 2427575 1764802 12654048 9445767 9178347 8708692 10330309 12744065 50407180 3229978 4840083 4777693 3708608 3251699 19808061 15716849 16771930 16153452 16466492 17760566 82869289 0 721340 1037525 1183371 1112637 857978 4912851 721340 1037525 1183371 1112637 857978 4912851 77956438 3657904 2476488 1847369 763287 297824 9042872 3657904 2476488 1847369 763287 297824 9042872 475868 423819 448018 78106 57266 1483077 19850621 19672237 18448839 17307885 18115656 93395238 0.83470 0.80640 0.09680 0.12640 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14037 280735 294772 17981465 18276237 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 508659 492657 428552 294772 1724640 250000 250000 250000 250000 1000000 1500000 25433 24633 20407 14037 84510 24586 47 24633 24507 79 24586 24504 3 24507 24502 2 24504 24500 2 24502 0.00000 0.99460 0.00540 0 0 27480810 12735739 14745071 3731168 3697216 33952 282009 89422 192587 14971610 INVESTMENTS HELD TO FUND DEFERRED COMPENSATION 1330290 1330290 AMOUNTS HELD FOR CUSTODIAL FUNDS FROM MANAGED MEETINGS 670471 DEFERRED COMPENSATION 1330290 2000761 18170354 4178 4178 18166176 -31990 -31990 18134186 18342404 31990 31990 18310414 0 18310414 PART V, LINE 4: THE FEDERATION'S ENDOWMENT CONSISTS OF TWO DONOR-RESTRICTED FUNDS TO BE HELD IN PERPETUITY. (1) THE GREGORY PINCUS MEMORIAL FUND WAS ESTABLISHED IN 1976 TO PROVIDE FUNDS TO SUBSIDIZE THE COSTS OF TRAVEL, REGISTRATION, AND SUBSISTENCE FOR YOUNG GRADUATE STUDENTS PREPARING FOR CAREERS IN BIOLOGY AND MEDICINE TO ATTEND THE EXPERIMENTAL BIOLOGY ANNUAL MEETING OR OTHER SCIENTIFIC CONFERENCES. (2) THE WELLS ENDOWED PROGRAM FOR INITIATIVES IN PUBLIC AFFAIRS WAS ESTABLISHED IN 2004 TO PROVIDE FUNDING FOR ANY AND ALL DISCRETIONARY PURPOSES SUPPORTING THE FEDERATION'S OFFICE OF PUBLIC AFFAIRS (OPA). THE EARNINGS FROM THIS ENDOWMENT ARE TO BE USED AT THE SOLE DISCRETION OF THE DIRECTOR OF THE OPA. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSE NETTED AGAINST INCOME -31,990. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE NETTED AGAINST RENTAL INCOME 31,990. 1 EAST ASIA AND THE PACIFIC 0 0 GRANTS TO RECIPIENTS IN THE REGION TRAVEL REIMBURSEMENT FOR SCIENTIFIC MEETINGS 79805 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTS TO RECIPIENTS IN THE REGION TRAVEL REIMBURSEMENT FOR SCIENTIFIC MEETINGS 314786 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTS TO RECIPIENTS IN THE REGION TRAVEL REIMBURSEMENT FOR SCIENTIFIC MEETINGS 19775 NORTH AMERICA 0 0 GRANTS TO RECIPIENTS IN THE REGION TRAVEL REIMBURSEMENT FOR SCIENTIFIC MEETINGS 57575 RUSSIA AND NEIGHBORING STATES 0 0 GRANTS TO RECIPIENTS IN THE REGION TRAVEL REIMBURSEMENT FOR SCIENTIFIC MEETINGS 1100 SOUTH AMERICA 0 0 GRANTS TO RECIPIENTS IN THE REGION TRAVEL REIMBURSEMENT FOR SCIENTIFIC MEETINGS 6629 SOUTH ASIA 0 0 GRANTS TO RECIPIENTS IN THE REGION TRAVEL REIMBURSEMENT FOR SCIENTIFIC MEETINGS 400 0 0 0 0 0 0 480070 0 480070 TRAVEL REIMBURSEMENT FOR SCIENTIFIC MEETINGS EAST ASIA AND THE PACIFIC 56 79805 CHECK TRAVEL REIMBURSEMENT FOR SCIENTIFIC MEETINGS EUROPE (INCLUDING ICELAND & GREENLAND) 278 314786 CHECK TRAVEL REIMBURSEMENT FOR SCIENTIFIC MEETINGS MIDDLE EAST AND NORTH AFRICA 17 19775 CHECK TRAVEL REIMBURSEMENT FOR SCIENTIFIC MEETINGS NORTH AMERICA 53 57575 CHECK TRAVEL REIMBURSEMENT FOR SCIENTIFIC MEETINGS RUSSIA AND NEIGHBORING STATES 1 1100 CHECK TRAVEL REIMBURSEMENT FOR SCIENTIFIC MEETINGS SOUTH AMERICA 7 6629 CHECK TRAVEL REIMBURSEMENT FOR SCIENTIFIC MEETINGS SOUTH ASIA 1 400 CHECK 0 0 0 0 0 0 PART I, LINE 2: AMOUNTS PAID ARE APPROVED BY THE RESPECTIVE DEPARTMENT HEADS IN CONFORMITY WITH FASEB'S NORMAL CASH DISBURSEMENT POLICIES AND PROCEDURES. PART III ACCOUNTING METHOD: 1 TRAVEL AWARDS & SPEAKER FEES 1301 1301290 AWARDS, HONORARIA & STIPENDS 11 152500 PART I, LINE 2: AMOUNTS PAID FOR CONTRIBUTIONS AND SIMILAR SUPPORT TO VARIOUS ORGANIZATIONS ARE APPROVED BY THE RESPECTIVE DEPARTMENT HEADS IN CONFORMITY WITH FASEB'S NORMAL CASH DISBURSEMENT POLICIES AND PROCEDURES. X 0 1 X X X X 0 0 0 0 0 0 0 0 0 FRANK J KRAUSE EXEC DIR/CEO 398638 0 60086 0 20932 0 28000 0 34586 0 542242 0 0 0 JENNIFER L ZEITZER DIRECTOR OF PUBLIC AFFAIRS 207748 0 0 0 1039 0 20918 0 11606 0 241311 0 0 0 TODD BENTSEN DIRECTOR OF COMMUNICATIONS 169207 0 0 0 2535 0 18040 0 28922 0 218704 0 0 0 YVETTE SEGER DIR. OF SCIENCE POL./DEPUTY DIR. OF 163922 0 0 0 540 0 16663 0 12369 0 193494 0 0 0 ANDREA BAUERFEIND DIRECTOR OF OSMC 132198 0 0 0 458 0 14385 0 32446 0 179487 0 0 0 JACQUELYN ROBERTS DIR MARC PROF. DEVELOPMENT 131076 0 0 0 2760 0 13284 0 11258 0 158378 0 0 0 JOSEPH D MILLER DR WEB DEV, PROG, DB ADM. 116631 0 0 0 578 0 12384 0 27218 0 156811 0 0 0 PART I, LINE 1A THE ORGANIZATION MAINTAINS A WRITTEN POLICY THAT PROHIBITS FIRST CLASS TRAVEL, BUT HAS MADE AN EXCEPTION IN CASES WHERE IT IS THE ONLY FLIGHT AVAILABLE. FORM 990, PART VI, SECTION A, LINE 1 FASEB HAS AN EXECUTIVE COMMITTEE CONSISTING OF THE PRESIDENT, PRESIDENT-ELECT, IMMEDIATE PAST PRESIDENT, TREASURER, VICE PRESIDENT FOR SCIENCE POLICY, AND SECRETARY. ADDITIONALLY, THE EXECUTIVE DIRECTOR IS A NON-VOTING MEMBER. THE EXECUTIVE COMMITTEE EXERCISES MANAGEMENT AUTHORITY OF THE BOARD OF DIRECTORS IN BETWEEN BOARD MEETINGS. THE EXECUTIVE COMMITTEE REPORTS TO THE BOARD OF DIRECTORS ON ITS ACTIONS. FORM 990, PART VI, SECTION A, LINE 3 FASEB OUTSOURCES THE ACCOUNTING AND CFO FUNCTIONS TO MARCUM LLP. FORM 990, PART VI, SECTION A, LINE 6 FASEB'S 30 MEMBER SOCIETIES ARE EACH 501(C)(3) OR 501(C)(6) PROFESSIONAL ASSOCIATIONS. SOCIETIES IN THE FIELD OF BIOLOGICAL SCIENCE MAY APPLY FOR MEMBERSHIP, AND MAY BE ADMITTED BY A THREE-FOURTHS MAJORITY VOTE OF ALL THE DIRECTORS OF THE FASEB BOARD. FORM 990, PART VI, SECTION A, LINE 7A EACH FASEB MEMBER SOCIETY APPOINTS ONE DIRECTOR TO REPRESENT THEIR SOCIETY ON THE FASEB BOARD. FORM 990, PART VI, SECTION A, LINE 7B THE ONLY DECISION OF THE GOVERNING BODY THAT IS SUBJECT TO APPROVAL BY THE MEMBERS IS IF THE BOARD VOTES TO DISSOLVE FASEB. FORM 990, PART VI, SECTION B, LINE 11B THE FASEB 990 IS POSTED ON AN INTERNAL WEBSITE AND THE FASEB EXECUTIVE COMMITTEE AND BOARD MEMBERS ARE INFORMED THAT THE 990 IS AVAILABLE FOR REVIEW PRIOR TO SUBMISSION OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES ARE PROVIDED THE CONFLICT OF INTEREST POLICY ANNUALLY. THEY MUST SIGN AND DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST. NEW BOARD MEMBERS ARE MADE AWARE OF THE CONFLICT OF INTEREST POLICY DURING AN ORIENTATION CONFERENCE CALL. INSTANCES OF POTENTIAL CONFLICT ARE DISCLOSED, DISCUSSED, AND RECORDED. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE FASEB EXECUTIVE DIRECTOR IS REVIEWED AND APPROVED BY THE FASEB EXECUTIVE COMMITTEE OF THE BOARD. THE FASEB DEPUTY EXECUTIVE DIRECTOR FOR ADMINISTRATION PROVIDES COMPARABLE COMPENSATION DATA TO THE FASEB PRESIDENT. THE FASEB PRESIDENT PROVIDES THE DEPUTY EXECUTIVE DIRECTOR FOR ADMINISTRATION WITH DOCUMENTATION DETAILING THE COMPENSATION THAT WAS APPROVED AND WHO APPROVED THE NEW COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 FASEB'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 1,751,010. MANAGEMENT AND GENERAL EXPENSES 291,984. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,042,994. FORM 990, PART XII, LINE 2C: THE AUDIT PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR.