EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION (EIN 23-7053028)
Tax period
2016-07-01 to 2017-06-30
Filed
2017-11-15
IRS object ID
201723199349306612
Schema version
2016v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2017-11-15T10:58:42-06:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN560747981PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DIXON HUGHES GOODMAN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1440 MONTICELLO AVE SUITE 1400AddressLine1Txt
CityNORFOLKCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23452ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237053028EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EASTERN VIRGINIA MEDICAL SCHOOLBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlEASTBusinessNameControlTxt
Phone7574466051PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1P O BOX 5AddressLine1Txt
CityNORFOLKCityNm
State AbbreviationVAStateAbbreviationCd
ZIP235010005ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHELEN S HESELIUSPersonNm
Person TitleASSISTANT TREASURERPersonTitleTxt
Phone7574466065PhoneNum
Signature2017-11-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCARON CROUSE CPAPreparerPersonNm
PTINP00630336PTIN
Phone7576245253PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address204.15.98.225IPv4AddressTxt
FieldValueIRS element (for citing)
IP2017-11-10IPDt
IP Tm13:00:10IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id4D263A1307333D20800419E5C6D42186AF8921E0AtSubmissionCreationDeviceId
At Submission Filing Device IdDC650B8A40E68B825DA230F86F2C942CBE6A406BAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSUSAN R COLPITTSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1358 MOWBRAY ARCHAddressLine1Txt
CityNORFOLKCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23501ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$35,043,998GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.EVMSFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1969FormationYr
Legal Domicile StateVALegalDomicileStateCd
Activity Or MissionTHE 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.ActivityOrMissionDesc
Voting Members Governing Body28VotingMembersGoverningBodyCnt
Voting Members Independent28VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers28TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm-$20,237NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$16,062,819PYContributionsGrantsAmt
CY Contributions Grants$4,610,937CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income-$1,953,375PYInvestmentIncomeAmt
CY Investment Income$5,753,980CYInvestmentIncomeAmt
PY Other Revenue$80,722PYOtherRevenueAmt
CY Other Revenue$126,227CYOtherRevenueAmt
PY Total Revenue$14,190,166PYTotalRevenueAmt
CY Total Revenue$10,491,144CYTotalRevenueAmt
PY Grants And Similar Paid$6,852,692PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$6,683,973CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$385,451PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$399,014CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$49,580PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$97,345CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$403,591CYTotalFundraisingExpenseAmt
PY Other Expenses$81,294PYOtherExpensesAmt
CY Other Expenses$115,238CYOtherExpensesAmt
PY Total Expenses$7,369,017PYTotalExpensesAmt
CY Total Expenses$7,295,570CYTotalExpensesAmt
PY Revenues Less Expenses$6,821,149PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$3,195,574CYRevenuesLessExpensesAmt
Total Assets BOY$91,750,515TotalAssetsBOYAmt
Total Assets EOY$100,196,212TotalAssetsEOYAmt
Total Liabilities BOY$366,662TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,600,883TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$91,383,853NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$98,595,329NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE 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.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,568,422ExpenseAmt
Grant$3,568,422GrantAmt
DescRESTRICTED GRANTS GIVEN TO THE EASTERN VIRGINIA MEDICAL SCHOOL FOR MEDICAL RESEARCH AND EDUCATIONAL PROGRAMSDesc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,347,037ExpenseAmt
Grant$1,347,037GrantAmt
DescAPPROPRIATIONS FOR MAINTENANCE AND OPERATIONS OF THE EASTERN VIRGINIA MEDICAL SCHOOL APPROVED BY THE BOARD OF THE FOUNDATION.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$928,442ExpenseAmt
Grant$928,442GrantAmt
DescAPPROPRIATIONS FOR PROGRAM AND PROFESSORSHIP ENHANCEMENTS OF THE EASTERN VIRGINIA MEDICAL SCHOOL APPROVED BY THE BOARD OF THE FOUNDATION.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$840,072ExpenseAmt
Grant$840,072GrantAmt
DescAPPROPRIATIONS FOR STUDENT SCHOLARSHIPS AT THE EASTERN VIRGINIA MEDICAL SCHOOL APPROVED BY THE BOARD OF THE FOUNDATION.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$840,072TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$840,072TotalOtherProgSrvcGrantAmt
Total Program Service Expenses$6,683,973TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members28GoverningBodyVotingMembersCnt
Independent Voting Member28IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldAKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldAZStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMEStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldUTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SUSAN R COLPITTS TREASURERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7574466065PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1358 MOWBRAY ARCHAddressLine1Txt
CityNORFOLKCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23501ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (29 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ANDREW S FINE ESQ
SECRETARY1.00Yes (X)Yes (X)$0$0$0
THOMAS V RUEGER
TRUSTEE1.00Yes (X)$0$0$0
WAYNE F WILBANKS CFA
CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
PAUL D CHIDESTER MD
TRUSTEE1.00Yes (X)$0$0$0
CHRISTOPHER D KASTNER
TRUSTEE1.00Yes (X)$0$0$0
RICHARD S GLASSER ESQ
TRUSTEE1.00Yes (X)$0$0$0
ROBERT C GOODMAN JR ESQ
TRUSTEE1.00Yes (X)$0$0$0
DAWN S GLYNN
TRUSTEE1.00Yes (X)$0$0$0
B THOMAS MANSBACH ESQ
TRUSTEE1.00Yes (X)$0$0$0
JOAN P BROCK
TRUSTEE1.00Yes (X)$0$0$0
PAUL J FARRELL
TRUSTEE1.00Yes (X)$0$0$0
PRISCILLA T ROADY
TRUSTEE1.00Yes (X)$0$0$0
RONALD M KRAMER
TRUSTEE1.00Yes (X)$0$0$0
EDWARD L LILLY MD
TRUSTEE1.00Yes (X)$0$0$0
CHARITY A VOLMAN
TRUSTEE1.00Yes (X)$0$0$0
ALAN L WAGNER MD
TRUSTEE1.00Yes (X)$0$0$0
CYNTHIA C EARHART
TRUSTEE1.00Yes (X)$0$0$0
SUSAN R COLPITTS
TREASURER1.00Yes (X)Yes (X)$0$0$0
FRANCES P LUTER
TRUSTEE1.00Yes (X)$0$0$0
STEPHEN M SNYDER
TRUSTEE1.00Yes (X)$0$0$0
STEVEN D FREDRICKSON
TRUSTEE1.00Yes (X)$0$0$0
JANE R SHORT CFP
TRUSTEE1.00Yes (X)$0$0$0
JOHN O WYNNE JR
TRUSTEE1.00Yes (X)$0$0$0
PATRICIA Y KING
TRUSTEE1.00Yes (X)$0$0$0
DARLEEN MASTIN
TRUSTEE1.00Yes (X)$0$0$0
VINCENT J MASTRACCO
TRUSTEE1.00Yes (X)$0$0$0
VANDANA A PATEL
TRUSTEE1.00Yes (X)$0$0$0
LEWIS W WEBB
TRUSTEE1.00Yes (X)$0$0$0
HELEN S HESELIUS
ASSISTANT TREASURER1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$4,610,937AllOtherContributionsAmt
Noncash Contributions$960,764NoncashContributionsAmt
Total Contributions$4,610,937TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$917,002TotalRevenueColumnAmt
Exclusion$917,002ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$29,389,832SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$24,552,854SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$4,836,978SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,836,978TotalRevenueColumnAmt
Related Or Exempt Func Income$4,836,978RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
FUNDRAISING REIMBURSEMENT541900$97,345$97,345
NET LIFE INSURANCE ACTIVITY524298$28,882$28,882
FieldValueIRS element (for citing)
Other Revenue Total$126,227OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,491,144TotalRevenueColumnAmt
Related Or Exempt Func Income$4,963,205RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$917,002ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$6,676,173TotalAmt
Program Services$6,676,173ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$7,800TotalAmt
Program Services$7,800ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$365,966TotalAmt
Management And General$119,961ManagementAndGeneralAmt
Fundraising$246,005FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$33,048TotalAmt
Management And General$33,048ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$24,200TotalAmt
Management And General$24,200ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$97,345TotalAmt
Fundraising$97,345FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$4,782TotalAmt
Management And General$4,782ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,958TotalAmt
Management And General$5,958ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtFundraisingFundraisingAmtManagement And GeneralManagementAndGeneralAmt
SPECIAL EVENTS AND OTHE$60,241$60,241
GENERAL EXPENSES$16,838$16,838
BANK CHARGES$3,219$3,219

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$7,295,570TotalAmt
Program Services$6,683,973ProgramServicesAmt
Management And General$208,006ManagementAndGeneralAmt
Fundraising$403,591FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,111,199BOYAmt
EOY$203,580EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,335,323BOYAmt
EOY$1,708,170EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,118,785BOYAmt
EOY$3,539,478EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$83,180,380BOYAmt
EOY$24,540,353EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$2,461,149BOYAmt
EOY$68,618,415EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,543,679BOYAmt
EOY$1,586,216EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$91,750,515BOYAmt
EOY$100,196,212EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$366,662BOYAmt
EOY$1,600,883EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$366,662BOYAmt
EOY$1,600,883EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$15,256,980BOYAmt
EOY$16,947,689EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$15,971,934BOYAmt
EOY$20,859,909EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$60,154,939BOYAmt
EOY$60,787,731EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$91,383,853BOYAmt
EOY$98,595,329EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$91,750,515BOYAmt
EOY$100,196,212EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$3,195,574ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$4,812,059NetUnrlzdGainsLossesInvstAmt
Investment Expense-$796,157InvestmentExpenseAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$10,208,220CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,024,799CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,596,209CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$16,062,819CurrentTaxYearMinus1YearAmt
Current Tax Year$4,610,937CurrentTaxYearAmt
Total$41,502,984TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$10,208,220CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,024,799CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,596,209CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$16,062,819CurrentTaxYearMinus1YearAmt
Current Tax Year$4,610,937CurrentTaxYearAmt
Total$41,502,984TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$4,478,837SubstantialContributorsTotAmt
Public Support Total170$37,024,147PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$879,993CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,049,511CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,394,767CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,419,758CurrentTaxYearMinus1YearAmt
Current Tax Year$917,002CurrentTaxYearAmt
Total$5,661,031TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$28,783CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$13,375CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$29,369CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$31,142CurrentTaxYearMinus1YearAmt
Current Tax Year$28,882CurrentTaxYearAmt
Total$131,551TotalAmt
FieldValueIRS element (for citing)
Total Support$47,295,566TotalSupportAmt
Public Support CY1700.78280PublicSupportCY170Pct
Public Support PY1700.83500PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationNET LIFE INSURANCE ACTIVITY - 2012 AMOUNT: $ 28,783. 2013 AMOUNT: $ 13,375. 2014 AMOUNT: $ 29,369. 2015 AMOUNT: $ 31,142. 2016 AMOUNT: $ 28,882.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$84,082,487BeginningYearBalanceAmt
Contributions$592,890ContributionsAmt
Investment Earnings Or Losses$9,387,976InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,450,574GrantsOrScholarshipsAmt
End Year Balance$91,612,779EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$76,185,315BeginningYearBalanceAmt
Contributions$11,708,202ContributionsAmt
Investment Earnings Or Losses-$1,264,362InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,546,668GrantsOrScholarshipsAmt
End Year Balance$84,082,487EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$76,506,139BeginningYearBalanceAmt
Contributions$1,625,272ContributionsAmt
Investment Earnings Or Losses$536,001InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,482,097GrantsOrScholarshipsAmt
End Year Balance$76,185,315EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$68,776,308BeginningYearBalanceAmt
Contributions$1,644,341ContributionsAmt
Investment Earnings Or Losses$9,063,221InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,977,731GrantsOrScholarshipsAmt
End Year Balance$76,506,139EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$58,090,756BeginningYearBalanceAmt
Contributions$7,118,601ContributionsAmt
Investment Earnings Or Losses$5,207,504InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,640,553GrantsOrScholarshipsAmt
End Year Balance$68,776,308EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.19000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.66000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.15000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescALTERNATIVE INVESTMENTSDesc
Book Value$68,618,415BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$68,618,415TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescAMOUNT DUE TO AFFILIATESDesc
Amt$1,600,883Amt
FieldValueIRS element (for citing)
Total Liability$1,600,883TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$14,409,701TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$4,812,059NetUnrealizedGainsInvstAmt
Other Revenue-$97,345OtherRevenueAmt
Revenue Not Reported$4,714,714RevenueNotReportedAmt
Revenue Subtotal$9,694,987RevenueSubtotalAmt
Investment Expenses Not Incld$796,157InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$796,157RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$10,491,144TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,198,225TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included-$97,345OtherExpensesIncludedAmt
Expenses Not Reported-$97,345ExpensesNotReportedAmt
Expenses Subtotal$7,295,570ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$7,295,570TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:THE FOUNDATION'S ENDOWMENT CONSISTS OF APPROXIMATELY 160 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 XI, LINE 2D - OTHER ADJUSTMENTS:REIMBURSEMENTS FROM EVMS $97,345
PART XII, LINE 2D - OTHER ADJUSTMENTS:PAYMENTS TO FUNDRAISER AND VENDOR - REIMBURSED BY EVMS $97,345

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1RUFFALO NOEL LEVITZBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11025 KIRKWOOD PARKWAY SWAddressLine1Txt
CityCEDAR RAPIDSCityNm
State AbbreviationIAStateAbbreviationCd
ZIP52404ZIPCd
FieldValueIRS element (for citing)
ActivityFUNDRAISINGActivityTxt
Fundraiser Control Of Funds0FundraiserControlOfFundsInd
Gross Receipts$198,647GrossReceiptsAmt
Retained By Contractor$97,339RetainedByContractorAmt
Net To Organization$101,308NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Gross Receipts$198,647TotalGrossReceiptsAmt
Total Retained By Contractors$97,339TotalRetainedByContractorsAmt
Total Net To Organization$101,308TotalNetToOrganizationAmt
Licensed StatesALLicensedStatesCd
Licensed StatesAKLicensedStatesCd
Licensed StatesAZLicensedStatesCd
Licensed StatesARLicensedStatesCd
Licensed StatesCALicensedStatesCd
Licensed StatesCOLicensedStatesCd
Licensed StatesCTLicensedStatesCd
Licensed StatesFLLicensedStatesCd
Licensed StatesGALicensedStatesCd
Licensed StatesHILicensedStatesCd
Licensed StatesILLicensedStatesCd
Licensed StatesKSLicensedStatesCd
Licensed StatesKYLicensedStatesCd
Licensed StatesLALicensedStatesCd
Licensed StatesMELicensedStatesCd
Licensed StatesMDLicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesMILicensedStatesCd
Licensed StatesMNLicensedStatesCd
Licensed StatesMSLicensedStatesCd
Licensed StatesMOLicensedStatesCd
Licensed StatesNHLicensedStatesCd
Licensed StatesNJLicensedStatesCd
Licensed StatesNMLicensedStatesCd
Licensed StatesNYLicensedStatesCd
Licensed StatesNCLicensedStatesCd
Licensed StatesNDLicensedStatesCd
Licensed StatesOHLicensedStatesCd
Licensed StatesOKLicensedStatesCd
Licensed StatesORLicensedStatesCd
Licensed StatesPALicensedStatesCd
Licensed StatesRILicensedStatesCd
Licensed StatesSCLicensedStatesCd
Licensed StatesTNLicensedStatesCd
Licensed StatesUTLicensedStatesCd
Licensed StatesVALicensedStatesCd
Licensed StatesWALicensedStatesCd
Licensed StatesWVLicensedStatesCd
Licensed StatesWILicensedStatesCd
Licensed StatesDCLicensedStatesCd

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1EASTERN VIRGINIA MEDICAL SCHOOLBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1980AddressLine1Txt
CityNORFOLKCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23501ZIPCd
FieldValueIRS element (for citing)
Recipient EIN546055378RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$6,341,021CashGrantAmt
Purpose Of GrantSUPPORT EVMS PROFESSORSHIPS, CHAIRS, AND OPERATIONS, SCHOLARSHIPSPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeAWARDSGrantTypeTxt
Recipient8RecipientCnt
Cash Grant$7,800CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationPROGRAM EXPENDITURES ARE MONITORED BY THE ACCOUNTING OFFICE FOR FINANCIAL AVAILABILITY AND THE DEVELOPMENT OFFICE TO MATCH THE EXPENDITURE AGAINST THE DONOR RESTRICTIONS.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution42ContributionCnt
Noncash Contributions Rpt F990$960,764NoncashContributionsRptF990Amt
Method Of Determining RevenuesQUOTED STOCK PRICESMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationFOR LINE 9(B), THE NUMBER OF STOCKS DONATIONS RECEIVED (NOT SHARES) IS REPORTED.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE 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 12CEACH 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 15IT 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 19UPON REQUEST
FORM 990, PART XII, LINE 2C:NO CHANGES TO OVERSIGHT COMMITTEE FROM PRIOR YEAR

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