AMERICAN FLORAL ENDOWMENT: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
AMERICAN FLORAL ENDOWMENT (EIN 23-6268380)
Tax period
2015-07-01 to 2016-06-30
Filed
2017-01-23
IRS object ID
201730239349301203
Schema version
2015v3.0
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)
Return2017-01-23T13:34:46-06:00ReturnTs
Tax Period End2016-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521855942PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Tate and TryonBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12021 L Street NW Suite 400AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN236268380EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1American Floral EndowmentBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlAMERBusinessNameControlTxt
Phone7038385211PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11001 N Fairfax Street No 201AddressLine1Txt
CityAlexandriaCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22314ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDEBRA CHEDESTERPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone7038385211PhoneNum
Signature2017-01-23SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonR Michael SorrellsPreparerPersonNm
PTINP00001737PTIN
Phone2022932200PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerGabriel BecerraPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11001 N Fairfax Street No 201AddressLine1Txt
CityAlexandriaCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22314ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,441,865GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.endowment.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1961FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionTHE 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.ActivityOrMissionDesc
Voting Members Governing Body20VotingMembersGoverningBodyCnt
Voting Members Independent20VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers20TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$837,781PYContributionsGrantsAmt
CY Contributions Grants$670,403CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$513,617PYInvestmentIncomeAmt
CY Investment Income$405,186CYInvestmentIncomeAmt
PY Other Revenue-$82,960PYOtherRevenueAmt
CY Other Revenue-$1,987CYOtherRevenueAmt
PY Total Revenue$1,268,438PYTotalRevenueAmt
CY Total Revenue$1,073,602CYTotalRevenueAmt
PY Grants And Similar Paid$494,224PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$486,228CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$101,050PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$68,263CYTotalFundraisingExpenseAmt
PY Other Expenses$204,534PYOtherExpensesAmt
CY Other Expenses$458,234CYOtherExpensesAmt
PY Total Expenses$799,808PYTotalExpensesAmt
CY Total Expenses$944,462CYTotalExpensesAmt
PY Revenues Less Expenses$468,630PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$129,140CYRevenuesLessExpensesAmt
Total Assets BOY$18,186,427TotalAssetsBOYAmt
Total Assets EOY$17,849,231TotalAssetsEOYAmt
Total Liabilities BOY$47,576TotalLiabilitiesBOYAmt
Total Liabilities EOY$74,710TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$18,138,851NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$17,774,521NetAssetsOrFundBalancesEOYAmt
MissionTHE 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.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$518,836ExpenseAmt
Grant$486,228GrantAmt
DescGRANT EXPENDITURES - ADVANCEMENT OF RESEARCH AND PROJECTS OF BENEFIT TO ORNAMENTAL FLORICULTURE AND HORTICULTURE.Desc
Total Program Service Expenses$518,836TotalProgramServiceExpensesAmt
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 Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
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 Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document6IRPDocumentCnt
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 Members20GoverningBodyVotingMembersCnt
Independent Voting Member20IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
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 Body0Form990ProvidedToGvrnBodyInd
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 CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DEBRA CHEDESTER Executive directorBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7038385211PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11001 N Fairfax Street No 201AddressLine1Txt
CityAlexandriaCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22314ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Gabriel Becerra
Chairman1.001.00Yes (X)Yes (X)$0$0$0
Dwight Larimer
Chairman Elect1.001.00Yes (X)Yes (X)$0$0$0
Kristi Huffman
Secretary/Treasurer1.001.00Yes (X)Yes (X)$0$0$0
Paul Bachman
Past Chairman1.001.00Yes (X)Yes (X)$0$0$0
Jim Daly
Trustee1.000.00Yes (X)$0$0$0
Laura Shinall
Trustee1.000.00Yes (X)$0$0$0
Ken Altman
Trustee1.001.00Yes (X)$0$0$0
Laura Drotleff
Trustee1.000.00Yes (X)$0$0$0
PJ Ellison
Trustee1.000.00Yes (X)$0$0$0
Bill Fernandez
Trustee1.000.00Yes (X)$0$0$0
David Garcia
Trustee1.000.00Yes (X)$0$0$0
Greg Royer
Trustee1.000.00Yes (X)$0$0$0
Randy Tagawa
Trustee1.000.00Yes (X)$0$0$0
Juan Carlos Gonzalez Uribe
Trustee1.000.00Yes (X)$0$0$0
Ken Young
Trustee1.000.00Yes (X)$0$0$0
Cindy Hanauer
Trustee1.000.00Yes (X)$0$0$0
Billy Hardin Jr
Trustee1.000.00Yes (X)$0$0$0
Eric Levy
Trustee1.000.00Yes (X)$0$0$0
Marvin Miller PhD
Trustee1.000.00Yes (X)$0$0$0
Michael A Mellano PhD
Trustee1.000.00Yes (X)$0$0$0
Debi Chedester
Executive Director37.501.00Yes (X)$93,829$0$8,364
FieldValueIRS element (for citing)
Total Reportable Comp From Org$93,829TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$8,364TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other SrcsYes (1)CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$40,500FundraisingAmt
All Other Contributions$629,903AllOtherContributionsAmt
Total Contributions$670,403TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$349,357TotalRevenueColumnAmt
Exclusion$349,357ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$2,365,112SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$2,309,283SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$55,829SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$55,829TotalRevenueColumnAmt
Exclusion$55,829ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$52,171FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$40,500ContriRptFundraisingEventAmt
Fundraising Direct Expenses$58,980FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$6,809TotalRevenueColumnAmt
Exclusion-$6,809ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescInsurance ProceedsDesc
Business900099BusinessCd
Total Revenue Column$4,822TotalRevenueColumnAmt
Exclusion$4,822ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$4,822OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,073,602TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$403,199ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$486,228TotalAmt
Program Services$486,228ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$180,579TotalAmt
Management And General$180,579ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$19,225TotalAmt
Management And General$19,225ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$36,915TotalAmt
Management And General$36,915ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$36,760TotalAmt
Program Services$32,608ProgramServicesAmt
Management And General$4,152ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$18,605TotalAmt
Management And General$13,485ManagementAndGeneralAmt
Fundraising$5,120FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$18,101TotalAmt
Management And General$17,592ManagementAndGeneralAmt
Fundraising$509FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$4,107TotalAmt
Management And General$4,107ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$16,856TotalAmt
Management And General$16,856ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$14,218TotalAmt
Management And General$13,805ManagementAndGeneralAmt
Fundraising$413FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$20,992TotalAmt
Management And General$3,285ManagementAndGeneralAmt
Fundraising$17,707FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtFundraisingFundraisingAmtManagement And GeneralManagementAndGeneralAmt
Development Expenses$44,064$44,064
Undesignated Funds$35,000$35,000
Licenses & Registration$12,157$12,157
Dues & Subscriptions$450$450

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$205TotalAmt
Management And General$205ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$944,462TotalAmt
Program Services$518,836ProgramServicesAmt
Management And General$357,363ManagementAndGeneralAmt
Fundraising$68,263FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$35,350BOYAmt
EOY$44,322EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$703,968BOYAmt
EOY$692,370EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$518EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$14,625,997BOYAmt
EOY$14,519,478EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$2,675,497BOYAmt
EOY$2,442,107EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$145,615BOYAmt
EOY$150,436EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$18,186,427BOYAmt
EOY$17,849,231EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$39,147BOYAmt
EOY$57,790EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$3,852EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$8,429BOYAmt
EOY$13,068EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$47,576BOYAmt
EOY$74,710EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$10,288,209BOYAmt
EOY$9,118,097EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,284,387BOYAmt
EOY$3,095,581EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,566,255BOYAmt
EOY$5,560,843EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$18,138,851BOYAmt
EOY$17,774,521EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$18,186,427BOYAmt
EOY$17,849,231EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$129,140ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$493,470NetUnrlzdGainsLossesInvstAmt
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$374,999CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,085,913CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$283,428CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$763,931CurrentTaxYearMinus1YearAmt
Current Tax Year$670,403CurrentTaxYearAmt
Total$3,178,674TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$374,999CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,085,913CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$283,428CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$763,931CurrentTaxYearMinus1YearAmt
Current Tax Year$670,403CurrentTaxYearAmt
Total$3,178,674TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,384,705SubstantialContributorsTotAmt
Public Support Total170$1,793,969PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$346,284CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$290,020CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$266,496CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$359,548CurrentTaxYearMinus1YearAmt
Current Tax Year$349,357CurrentTaxYearAmt
Total$1,611,705TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years-$20,100CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$18,131CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$7,850CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,774CurrentTaxYearMinus1YearAmt
Current Tax Year$4,822CurrentTaxYearAmt
Total$15,477TotalAmt
FieldValueIRS element (for citing)
Total Support$4,805,856TotalSupportAmt
Gross Receipts Rltd Activities$330,244GrossReceiptsRltdActivitiesAmt
Public Support CY1700.37330PublicSupportCY170Pct
Public Support PY1700.33280PublicSupportPY170Pct
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
Explanationinsurance proceeds miscellaneousExplanationTxt

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$15,284,396BeginningYearBalanceAmt
Contributions$683,724ContributionsAmt
Investment Earnings Or Losses-$84,393InvestmentEarningsOrLossesAmt
Other Expenditures$857,402OtherExpendituresAmt
End Year Balance$15,026,325EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$14,998,522BeginningYearBalanceAmt
Contributions$811,000ContributionsAmt
Investment Earnings Or Losses$196,354InvestmentEarningsOrLossesAmt
Other Expenditures$721,480OtherExpendituresAmt
End Year Balance$15,284,396EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$13,322,730BeginningYearBalanceAmt
Contributions$243,196ContributionsAmt
Investment Earnings Or Losses$2,057,275InvestmentEarningsOrLossesAmt
Other Expenditures$624,679OtherExpendituresAmt
End Year Balance$14,998,522EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$11,666,334BeginningYearBalanceAmt
Contributions$1,131,462ContributionsAmt
Investment Earnings Or Losses$1,103,558InvestmentEarningsOrLossesAmt
Other Expenditures$578,624OtherExpendituresAmt
End Year Balance$13,322,730EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$12,126,959BeginningYearBalanceAmt
Contributions$145,714ContributionsAmt
Investment Earnings Or Losses-$78,548InvestmentEarningsOrLossesAmt
Other Expenditures$527,791OtherExpendituresAmt
End Year Balance$11,666,334EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.60680BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.37010PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.02310TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
Northern Trust Alpha Strategies Fund$1,431,840F
Northern Trust Private equity Fund III, LP$1,010,267F
FieldValueIRS element (for citing)
Total Book Value Securities$2,442,107TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescSEELEY LIABILITY INCOMEDesc
Amt$13,068Amt
FieldValueIRS element (for citing)
Total Liability$13,068TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$639,112TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$493,470NetUnrealizedGainsInvstAmt
Other Revenue$58,980OtherRevenueAmt
Revenue Not Reported-$434,490RevenueNotReportedAmt
Revenue Subtotal$1,073,602RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,073,602TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,003,443TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$58,980OtherExpensesIncludedAmt
Expenses Not Reported$58,980ExpensesNotReportedAmt
Expenses Subtotal$944,463ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$944,463TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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 58,980.
Part XII, Line 2d - Other Adjustments:Fundraising Expenses 58,980.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Endowment DinnerEvent1Nm
Gross Receipts Event1$92,671GrossReceiptsEvent1Amt
Charitable Contri Event1$40,500CharitableContriEvent1Amt
Gross Revenue Event1$52,171GrossRevenueEvent1Amt
Food And Beverage Event1$43,677FoodAndBeverageEvent1Amt
Entertainment Event1$1,625EntertainmentEvent1Amt
Other Direct Expenses Event1$13,678OtherDirectExpensesEvent1Amt
Gross Receipts Total$92,671GrossReceiptsTotalAmt
Charitable Contributions Tot$40,500CharitableContributionsTotAmt
Gross Revenue Total Events$52,171GrossRevenueTotalEventsAmt
Food And Beverage Total Events$43,677FoodAndBeverageTotalEventsAmt
Entertainment Total Events$1,625EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$13,678OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$58,980DirectExpenseSummaryEventsAmt
Net Income Summary-$6,809NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (8 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
AFE Scholarships20$36,800
Ball Scholarships5$24,500
Ecke Scholarship2$10,000
Education Grants9$45,710
Mosmiller Scholarships1$2,000
Phillip Scholarship Grants6$34,700
Altman Family Scholarship1$5,900
Scientific Research11$326,618

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
ExplanationPROGRESS REPORTS AND CONTINUING FUNDING APPLICATIONS ARE REQUIRED FOR ALL GRANTS. THESE ARE REVIEWED ANNUALLY BY BOARD COMMITTEES.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceForm 990, Part VII, Line 5FormAndLineReferenceDesc
ExplanationAMERICAN FLORAL ENDOWMENT RECEIVES SERVICES FROM EMPLOYEES WHO ARE COMPENSATED BY THE SOCIETY OF AMERICAN FLORISTS AND ORNAMENT 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 $103,105 FROM SAF FOR THE YEAR ENDED JUNE 30, 2016.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 1An 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 3EFFECTIVE 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 $180,579 FOR GENERAL ADMINISTRATIVE SERVICES FOR THE YEAR ENDED JUNE 30, 2016. THE ENDOWMENT WAS ALSO PROVIDED OFFICE SPACE AT NO CHARGE FROM THE SOCIETY FOR THE YEAR ENDED JUNE 30, 2016.
Form 990, Part VI, Section B, line 11THE FORM 990 IS REVIEWED BY THE CHAIRMAN AND THE TREASURER.
Form 990, Part VI, Section B, line 12cTHE ENDOWMENT REQUIRES ANNUALLY A SIGNED COMPLIANCE STATEMENT FROM ALL RESPONSIBLE PARTIES.
Form 990, Part VI, Section C, line 19THE 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 2CThe review process remains unchanged from the prior year.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1Floral Marketing Research FundBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11001 N Fairfax St Suite 201AddressLine1Txt
CityAlexandriaCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22314ZIPCd
FieldValueIRS element (for citing)
EIN461488496EIN
Primary ActivitiesPromotion of Floriculture researchPrimaryActivitiesTxt
Legal Domicile StateDCLegalDomicileStateCd
Exempt Code Section501(c)(6)ExemptCodeSectionTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1American Floral EndowmentBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.