2019-02-15T07:28:15-06:00 2018-06-30 521855942 TATE AND TRYON 2021 L STREET NW SUITE 400 WASHINGTON DC 20036 990 2017-07-01 236268380 AMERICAN FLORAL ENDOWMENT AMER 7038385211 1001 N FAIRFAX STREET NO 201 ALEXANDRIA VA 22314 DEBRA CHEDESTER EXECUTIVE DIRECTOR 7038385211 2019-02-15 1 SARA SMITH P01332734 2022932200 216.59.105.130 2019-02-15 07:28:13 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 5BC65B47B3A1F1CE2534BD8A8DAEFAC1BF945F16 2017 2019-02-21 02:37:17Z DWIGHT LARIMER 1001 N FAIRFAX STREET NO 201 ALEXANDRIA VA 22314 3185276 0 X WWW.ENDOWMENT.ORG X 1961 IL THE AMERICAN FLORAL ENDOWMENT IS DEVOTED TO THE ACQUISITION AND DISSEMINATION OF FUNDS DESIGNATED FOR THE ADVANCEMENT OF EDUCATON AND SCIENCE IN THE FLORICULTURE AND ENVIRONMENTAL HORTICULTURAL FIELD. ITEMS FUNDED BY THE ENDOWMENT INCLUDE RESEARCH AND STUDIES, SCHOLARSHIPS, INTERNSHIPS, AND OTHER EDUCATIONAL ACTIVITIES. 18 18 0 18 0 642 576733 1198763 0 0 841271 796560 -3838 24220 1414166 2019543 485820 522055 0 0 0 0 0 0 111940 436392 571466 922212 1093521 491954 926022 19587010 21236020 39245 38720 19547765 21197300 THE AMERICAN FLORAL ENDOWMENT IS A NOT FOR PROFIT CORPORATION THAT RAISES AND PRUDENTLY INVESTS ITS FUNDS TO SUPPORT PRODUCTION AND MARKET RESEARCH AND EDUCATION PROGRAMS TO BENEFIT THE FLORICULTURE INDUSTRY. 0 0 679826 522055 ADVANCEMENT OF RESEARCH AND PROJECTS OF BENEFIT TO ORNAMENTAL FLORICULTURE AND HORTICULTURE.SCIENTIFIC GRANTS: PROVIDE FUNDING FOR RESEARCH ON CURRENT ISSUES AFFECTING THE FLORICULTURE INDUSTRYEDUCATIONAL GRANTS: PROVIDE GRANTS TO PROGRAMS PROMOTING THE FLORICULTURE INDUSTRY, AND THOSE THAT SUPPORT STUDENTS PURSUING CAREERS IN VARIOUS CONCENTRATIONS WITHIN THE FLORICULTURE INDUSTRY. 679826 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 7 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 X 18 18 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 IL VA CA MD NY PA X DEBRA CHEDESTER EXECUTIVE DIRECTOR 7038385211 1001 N FAIRFAX STREET NO 201 ALEXANDRIA VA 22314 DWIGHT LARIMER CHAIRMAN 1.00 1.00 X X 0 0 0 GABRIEL BECERRA PAST CHAIRMAN 1.00 1.00 X X 0 0 0 JIM DALY CHAIRMAN-ELECT 1.00 1.00 X X 0 0 0 GREG ROYER EDUCATION CHAIRMAN 1.00 1.00 X X 0 0 0 LAURA SHINALL TREASURER/SECRETARY 1.00 1.00 X X 0 0 0 KEN ALTMAN TRUSTEE 1.00 0.00 X 0 0 0 DAVID BOULTON TRUSTEE 1.00 0.00 X 0 0 0 PATRICK DAHLSON TRUSTEE 1.00 0.00 X 0 0 0 LAURA DROTLEFF TRUSTEE 1.00 0.00 X 0 0 0 BILL FERNANDEZ TRUSTEE 1.00 0.00 X 0 0 0 DAVID GARCIA TRUSTEE 1.00 0.00 X 0 0 0 CINDY HANAUER TRUSTEE 1.00 0.00 X 0 0 0 ERIC LEVY TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL A MELLANO PHD TRUSTEE 1.00 0.00 X 0 0 0 MARVIN MILLER PHD TRUSTEE 1.00 0.00 X 0 0 0 RANDY TAGAWA TRUSTEE 1.00 0.00 X 0 0 0 JUAN CARLOS GONZALEZ URIBE TRUSTEE 1.00 0.00 X 0 0 0 KEN YOUNG TRUSTEE 1.00 0.00 X 0 0 0 DEBI CHEDESTER EXECUTIVE DIRECTOR 37.50 1.00 X 100147 0 9450 100147 0 9450 1 0 0 1 0 25250 1173513 1198763 398312 398312 1558412 1160164 398248 398248 398248 45600 25250 5569 40031 40031 INSURANCE PROCEEDS 900099 -15811 -15811 -15811 2019543 0 0 820780 522055 522055 74474 74474 1804 1804 32556 32556 42588 42588 43168 21321 6847 15000 6025 1522 4503 17889 11375 6514 11349 11349 33571 33475 96 53576 15748 37828 13380 7351 6029 PROGRAM ALLOCATION 161902 132099 29803 BAD DEBT 26784 26784 MISCELLANEOUS 19305 18505 800 LICENSES & REGISTRATION 15699 15699 17396 -3000 3000 17396 1093521 679826 301755 111940 65731 86016 522249 968189 16226843 17223051 2635960 2838839 136227 119925 19587010 21236020 39245 38720 39245 38720 X 9969646 10259282 3414207 2440963 6163912 8497055 19547765 21197300 19587010 21236020 926022 723513 0 X X 0 1 X 1 0 X 283428 763931 670403 576733 1198763 3493258 283428 763931 670403 576733 1198763 3493258 683639 2809619 266496 359548 349357 378501 398312 1752214 7850 4774 4822 19382 -15811 21017 5266489 306734 0.53350 0.39760 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: INSURANCE PROCEEDS MISCELLANEOUS 19347107 314113 1465053 986812 20139461 15026325 614309 1862104 825085 2669454 19347107 15284396 683724 -84393 857402 15026325 14998522 811000 196354 721480 15284396 13322730 243196 2057275 624679 14998522 0.49950 0.42190 0.07860 0 0 0 NORTHERN TRUST ALPHA STRATEGIES FUND 1596269 F NORTHERN TRUST PRIVATE EQUITY FUND III-V-VII 1242570 F 2838839 2748625 723513 5569 729082 2019543 0 2019543 1099090 5569 5569 1093521 0 1093521 PART V, LINE 4: THE ENDOWMENT'S NET ASSETS CONSIST OF FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. PERMANENTLY RESTRICTED NEW ASSETS ARE DESIGNATED FOR SCHOLARSHIPS. ALL INVESTMENT INCOME FROM PERMANENTLY RESTRICTED NEW ASSETS IS TEMPORARILY RESTRICTED AND USED TO FUND SCHOLARSHIPS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 5,569. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 5,569. ENDOWMENT DINNER 70850 25250 45600 2854 2715 70850 25250 45600 2854 2715 5569 40031 1 AFE SCHOLARSHIPS 21 35500 BALL SCHOLARSHIPS 11 28500 ECKE SCHOLARSHIP 2 10000 EDUCATION GRANTS 15 70857 MOSMILLER SCHOLARSHIPS 2 4000 PHILLIP SCHOLARSHIP GRANTS 4 28000 ALTMAN FAMILY SCHOLARSHIP 2 10000 SCIENTIFIC RESEARCH 12 335198 PART I, LINE 2: PROGRESS REPORTS AND CONTINUING FUNDING APPLICATIONS ARE REQUIRED FOR ALL GRANTS. THESE ARE REVIEWED ANNUALLY BY BOARD COMMITTEES. 0 0 0 0 0 0 0 0 0 FORM 990, PART VII, LINE 5 AMERICAN FLORAL ENDOWMENT RECEIVES SERVICES FROM EMPLOYEES WHO ARE COMPENSATED BY THE SOCIETY OF AMERICAN FLORISTS AND ORNAMENTAL HORTICULTURISTS, AN UNRELATED ORGANIZATION. IN TERMS WITH AN AGREEMENT RELATING TO SUCH SERVICES, SAF PROVIDES EMPLOYEES WHO PROVIDE SERVICES TO AFE IN RETURN FOR A MANAGEMENT/ADMINISTRATIVE FEE. AFE'S EXECUTIVE DIRECTOR RECEIVED $110,327 FROM SAF FOR THE YEAR ENDED JUNE 30, 2018. FORM 990, PART VI, SECTION A, LINE 1 AN EXECUTIVE COMMITTEE CONSISTS OF THE ELECTED OFFICERS OF THE CORPORATION AND UP TO FOUR ADDITIONAL TRUSTEES, AS ELECTED BY THE BOARD. THEY MAY ACT IN PLACE OF THE BOARD OF DIRECTORS WHEN THE BOARD IS NOT IN SESSION, PROVIDED THAT THE EXECUTIVE COMMITTEE REPORT TO AND HAVE ITS ACTIONS RATIFIED BY THE BOARD OF TRUSTEES AT THE NEXT MEETING OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 3 EFFECTIVE AS OF MAY 2008, THE SOCIETY OF AMERICAN FLORISTS (THE SOCIETY), A 501(C)(5) NON-PROFIT ORGANIZATION, AND THE ENDOWMENT ENTERED INTO AN ADMINISTRATIVE SERVICES AGREEMENT IN WHICH THE SOCIETY AGREED TO PROVIDE MANAGEMENT AND ADMINISTRATIVE SERVICES TO THE ENDOWMENT IN EXCHANGE FOR A MANAGEMENT FEE. THE ENDOWMENT PAID THE SOCIETY $242,044 FOR GENERAL ADMINISTRATIVE SERVICES FOR THE YEAR ENDED JUNE 30, 2018. THE ENDOWMENT WAS ALSO PROVIDED OFFICE SPACE AT NO CHARGE FROM THE SOCIETY FOR THE YEAR ENDED JUNE 30, 2018. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS REVIEWED BY THE ACCOUNTANT AND THE EXECUTIVE DIRECTOR. ANY REQUIRED CHANGES ARE DISCUSSED WITH THE TAX AUDITORS AND THE REVISED COPY IS SENT BACK TO ACCOUNTANT AND THE EXECUTIVE FOR SECOND REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE ENDOWMENT REQUIRES ANNUALLY A SIGNED COMPLIANCE STATEMENT FROM ALL RESPONSIBLE PARTIES. FORM 990, PART VI, SECTION C, LINE 19 THE ENDOWMENT MAKES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST TO THE AMERICAN FLORAL ENDOWMENT. FORM 990, PART XII, LINE 2C THE REVIEW PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR. FLORAL MARKETING RESEARCH FUND 1001 N FAIRFAX ST SUITE 201 ALEXANDRIA VA 22314 461488496 PROMOTION OF FLORICULTURE RESEARCH DC 501(C)(6) AMERICAN FLORAL ENDOWMENT 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0