2019-11-08T16:27:46-06:00 2019-06-30 560747981 DIXON HUGHES GOODMAN LLP 440 MONTICELLO AVE SUITE 1400 NORFOLK VA 23510 990 2018-07-01 237053028 EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION EAST 7574466051 P O BOX 5 NORFOLK VA 235010005 HELEN S HESELIUS ASSISTANT TREASURER 7574466065 2019-10-29 1 LAKRISHA J WATSON P01677333 7576245100 2019-10-29 4.28.226.33 2019-10-29 10:34:50 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 3CD412B09983E39150554DEC6362464A9D6A3E5C 2018 2020-04-17 16:48:07Z SUSAN R COLPITTS 358 MOWBRAY ARCH NORFOLK VA 23501 46643123 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 -85924 7574388 23785190 0 0 4893685 6695584 82383 86626 12550456 30567400 7453743 8143025 0 0 160125 183599 54437 76848 113356 93644 791496 7761949 9194968 4788507 21372432 106639944 128471833 739602 390422 105900342 128081411 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 4594446 4594446 RESTRICTED GRANTS GIVEN TO THE EASTERN VIRGINIA MEDICAL SCHOOL FOR MEDICAL RESEARCH AND EDUCATIONAL PROGRAMS 1334603 1334603 APPROPRIATIONS FOR MAINTENANCE AND OPERATIONS OF THE EASTERN VIRGINIA MEDICAL SCHOOL APPROVED BY THE BOARD OF THE FOUNDATION. 1296191 1296191 APPROPRIATIONS FOR PROGRAM AND PROFESSORSHIP ENHANCEMENTS OF THE EASTERN VIRGINIA MEDICAL SCHOOL APPROVED BY THE BOARD OF THE FOUNDATION. 917785 917785 APPROPRIATIONS FOR STUDENT SCHOLARSHIPS AT THE EASTERN VIRGINIA MEDICAL SCHOOL APPROVED BY THE BOARD OF THE FOUNDATION. 917785 917785 8143025 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 HELEN S HESELIUS ASSISTANT TREASU 7574466065 358 MOWBRAY ARCH NORFOLK VA 23501 X WAYNE F WILBANKS CFA CHAIRMAN 1.00 X X 0 0 0 ANDREW S FINE ESQ SECRETARY 1.00 X X 0 0 0 STEVEN D FREDRICKSON TREASURER 1.00 X X 0 0 0 SHIRLEY C BALDWIN 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 CLYDE T CLARK JR TRUSTEE 1.00 X 0 0 0 BENJAMIN G COTTRELL V TRUSTEE 1.00 X 0 0 0 MARK B DREYFUS 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 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 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 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 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 JOHN O WYNNE JR TRUSTEE 1.00 X 0 0 0 0 0 0 0 0 0 0 0 23785190 1098119 23785190 1714178 1714178 21057129 16075723 4981406 4981406 4981406 FUNDRAISING REIMBURSEMENT 541900 77251 77251 NET LIFE INSURANCE ACTIVITY 524298 9375 9375 86626 30567400 86626 0 6695584 8134775 8134775 8250 8250 148857 148857 34742 34742 26150 26150 76848 76848 703595 703595 4380 4380 6565 6565 SPECIAL EVENTS & OTHER 36508 36508 GENERAL EXPENSES 12183 12183 BANK CHARGES 2115 2115 9194968 8143025 938587 113356 389282 689837 1708905 13410626 3525320 3543196 24116609 30637947 75260602 78516817 1639226 1673410 106639944 128471833 40000 739602 350422 739602 390422 X 17865354 18207668 25078005 32771623 62956983 77102120 105900342 128081411 106639944 128471833 21372432 808637 0 X X 0 1 X 1 0 X 5596209 16062819 4610937 7574388 23785190 57629543 5596209 16062819 4610937 7574388 23785190 57629543 4704950 52924593 1394767 1419758 917002 1072576 1714178 6518281 122819 80722 126227 82383 86626 498777 64646601 0.81870 0.82570 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: NET LIFE INSURANCE ACTIVITY - 2014 AMOUNT: $ 29,369. 2015 AMOUNT: $ 31,142. 2016 AMOUNT: $ 28,882. 2017 AMOUNT: $ 27,946. 2018 AMOUNT: $ 9,375. FUNDRAISING REIMBURSEMENT - 2014 AMOUNT: $ 93,450. 2015 AMOUNT: $ 49,580. 2016 AMOUNT: $ 97,345. 2017 AMOUNT: $ 54,437. 2018 AMOUNT: $ 77,251. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 98091738 14207368 6377263 3489380 115186989 91612779 2233460 7296788 3051289 98091738 84082487 592890 9387976 2450574 91612779 76185315 11708202 -1264362 2546668 84082487 76506139 1625272 536001 2482097 76185315 0.16000 0.67000 0.17000 0 0 0 ALTERNATIVE INVESTMENTS 78516817 F 78516817 AMOUNT DUE TO AFFILIATES 350422 350422 X 31045877 808637 450686 1259323 29786554 703595 77251 780846 30567400 8864808 450686 -77251 373435 8491373 703595 703595 9194968 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF APPROXIMATELY 170 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 ORGANIZATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX OBLIGATIONS AS OF JUNE 30, 2018 AND 2019. PART XI, LINE 4B - OTHER ADJUSTMENTS: REIMBURSEMENTS FROM EVMS 77,251. PART XII, LINE 2D - OTHER ADJUSTMENTS: PAYMENTS TO FUNDRAISER AND VENDOR - REIMBURSED BY EVMS -77,251. 1 RUFFALO NOEL LEVITZ 1025 KIRKWOOD PARKWAY SW CEDAR RAPIDS IA 52404 FUNDRAISING 0 150945 76848 74097 150945 76848 74097 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) 8134775 SUPPORT EVMS PROFESSORSHIPS, CHAIRS, AND OPERATIONS, SCHOLARSHIPS 1 0 AWARDS 9 8250 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 51 1098119 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