2016-05-06T12:32:45-05:00 2015-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 500 ORLANDO FL 32801 990 2014-07-01 430768182 AMERICAN OPTOMETRIC FOUNDATION AMER 3217103936 2909 FAIRGREEN STREET ORLANDO FL 32803 LOIS SCHOENBRUN EXECUTIVE DIRECTOR 3217103936 2016-05-04 1 AMY CHAPMAN P00843460 4078021200 2016-05-02 2014 2016-08-17 19:52:53Z LOIS SCHOENBRUN 2909 FAIRGREEN STREET ORLANDO FL 32803 4302334 0 X WWW.AAOPT.ORG/AOF/ABOUT/INDEX.ASP X 1947 NY DEVELOP & PROVIDE FINANCIAL SUPPORT FOR OPTOMETRIC RESEARCH & EDUCATION. 11 11 0 20 0 0 596253 1244667 0 0 190282 399244 0 -3717 786535 1640194 233634 380661 0 0 0 0 0 0 124511 249985 259127 483619 639788 302916 1000406 5270712 6003088 17162 23075 5253550 5980013 TO DEVELOP AND PROVIDE FINANCIAL SUPPORT FOR OPTOMETRIC RESEARCH & EDUCATION. 0 0 472456 380661 THE FOUNDATION PROMOTES THE ADVANCEMENT OF VISION SCIENCE BY PROVIDING FELLOWSHIPS, SCHOLARSHIPS, AND RESEARCH GRANTS TO OUTSTANDING GRADUATE STUDENTS OF OPTOMETRY AND VISION SCIENCE, AND THROUGH PUBLICATIONS, THE TORCH (NEWSLETTER) AND WEBSITE. 472456 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 0 0 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 73 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 1 0 0 MD FL OH X RICH JONES 3217103936 2909 FAIRGREEN STREET ORLANDO FL 32803 X CATHERINE AMOS IMMEDIATE PAST PRESIDENT 5.00 X 0 0 0 KATHRYN DUMBLETON IMMEDIATE PAST PRESIDENT 5.00 X 0 0 0 DAVID KIRSCHEN PRESIDENT 5.00 X X 0 0 0 PETE KOLLBAUM BOARD MEMBER 5.00 10.00 X 0 0 0 JUDITH CLAY PRESIDENT - ELECT 5.00 X X 0 0 0 SUSAN EGER BOARD MEMBER 5.00 X 0 0 0 WENDY HARRISON SECRETARY - TREASURER 5.00 X X 0 0 0 RICHARD MADONNA BOARD MEMBER 5.00 X 0 0 0 JASON NICHOLS BOARD MEMBER 0.50 X 0 0 0 THOMAS QUINN JR BOARD MEMBER 5.00 X 0 0 0 JEFFREY WALLINE BOARD MEMBER 5.00 10.00 X 0 1000 0 KARLA ZADNIK BOARD MEMBER 5.00 10.00 X 0 1000 0 MELISSA BAILEY BOARD MEMBER 5.00 X 0 0 0 DORI CARLSON BOARD MEMBER 5.00 X 0 0 0 LOIS SCHOENBRUN EXECUTIVE DIRECTOR 8.00 32.00 X 0 191082 28827 RICHARD JONES DIRECTOR OF FINANCE 12.00 28.00 X 0 111362 18607 0 304444 47434 0 0 1 0 0 3625 153348 1087694 1244667 365723 365723 2691944 2658423 33521 33521 33521 0 3625 3717 -3717 -3717 1640194 0 0 395527 X 247000 247000 106545 106545 27116 27116 9695 9695 21162 21162 129600 74642 8954 46004 11662 11662 17284 9059 802 7423 19210 8094 2208 8908 50514 50514 639788 472456 42821 124511 320907 673430 449059 724855 500 645 9796 9796 0 0 3688775 4593539 800625 0 10846 10619 5270712 6003088 2869 10817 3750 3750 10543 8508 17162 23075 X 1450039 1751238 3602725 4027155 200786 201620 5253550 5980013 5270712 6003088 1000406 -273943 0 X X 0 1 X 1 0 X 856822 626637 635781 596253 1244667 3960160 856822 626637 635781 596253 1244667 3960160 854888 3105272 72836 79560 109807 190486 365723 818412 4778572 0.64980 0.57270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 580406 5623 6515 579514 558896 30110 8600 580406 501514 300368 17807 5250 255543 558896 505534 1648 5668 501514 482868 35916 13250 505534 0.52090 0.34790 0.13120 0 0 9796 9796 0 0 DUE TO AAO 8508 8508 X 1467249 -273943 118443 3717 -151783 1619032 21162 21162 1640194 740786 118443 3717 122160 618626 21162 21162 639788 PART V, LINE 4: THE FOUNDATION HAS A DONOR-RESTRICTED ENDOWMENT FUND ESTABLISHED FOR THE PURPOSES OF PROVIDING INCOME TO SUPPORT SPECIFIC DONOR-RESTRICTED ACTIVITIES. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE FOUNDATION HAS BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS A PUBLICLY SUPPORTED ORGANIZATION UNDER SECTION 509(A)(2) OF THE IRC. THE FOUNDATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE FOUNDATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE FOUNDATION IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES REPORTED ON REVENUE PAGE 3,717. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSES 21,162. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES REPORTED ON REVENUE PAGE 3,717. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSES 21,162. 1 0 0 0 0 0 0 0 0 0 CANADA AWARDS AND SCHOLARSHIP 5866 CHECK CASH VALUE 0 1 RESEARCH AND FELLOWSHIP GRANTS EAST ASIA & THE PACIFIC 1 9500 CHECK/WIRE TRANSFER RESEARCH AND FELLOWSHIP GRANTS NORTH AMERICA 9 9250 CHECK/WIRE TRANSFER 0 0 0 0 0 0 1 FOUNDATION FOR EDUCATION AND RESEARCH 505 J DAVIS ARMISTEAD BLDG HOUSTON TX 772042020 760216422 501(C)(3) 8000 SCHOLARSHIP ILLINOIS COLLEGE OF OPTOMETRY 3241 S MICHIGAN AVE CHICAGO IL 60616 362310478 501(C)(3) 7500 SCHOLARSHIP INDIANA UNIVERSITY 800 E ATWATER AVE RM 310 BLOOMINGTON IN 47405 356002673 7500 SCHOLARSHIP INTERAMERICAN UNIV OF PUERTO RICO 500 JOHN WILL HARRIS AVE BAYAMON RQ 660177776 501(C)(3) 8000 SCHOLARSHIP MICHIGAN COLLEGE OF OPTOMETRY 1124 STATE STREET BIG RAPIDS MI 49307 386005159 7500 SCHOLARSHIP MIDWESTERN UNIVERSITY 19555 N 59TH AVE GLENDALE AZ 85308 363377698 8000 SCHOLARSHIP NEW ENGLAND COLLEGE OF OPTOMETRY 424 BEACON STREET BOSTON MA 02115 041591060 501(C)(3) 13500 SCHOLARSHIPS NORTHEASTERN STATE UNIVERSITY 601 N GRAND AVE TAHLEQUAH OK 74464 736017987 10000 SCHOLARSHIP NOVA SOUTHEASTERN UNIVERSITY 3200 SOUTH UNIVERSITY DRIVE FORT LAUDERDALE FL 33328 591083502 501(C)(3) 7500 SCHOLARSHIP PACIFIC UNIVERSITY 2043 COLLEGE WAY FOREST GROVE OR 97116 930386892 501(C)(3) 13000 SCHOLARSHIPS SALUS UNIVERSITY 8360 OLD YORK RD ELKINS PARK PA 190271598 231413680 501(C)(3) 8000 SCHOLARSHIP SOUTHERN CALIFORNIA COLLEGE OF OPT 2575 YORBA LINDA BLVD FULLERTON CA 92831 951644593 501(C)(3) 8000 SCHOLARSHIP SOUTHERN COLLEGE OF OPTOMETRY 1245 MADISON AVE MEMPHIS TN 38104 620548917 501(C)(3) 10000 SCHOLARSHIP SUNY STATE COLLEGE OF OPTOMETRY 33 WEST 42ND ST NEW YORK NY 10036 146013200 7500 SCHOLARSHIP THE OHIO STATE UNIVERSITY 338 W 10TH AVE COLUMBUS OH 432101240 316025986 8000 SCHOLARSHIP UNIVERSITY OF ALABAMA 1716 UNIVERSITY BLVD ROOM 124J BIRMINGHAM AL 35124 636005396 8000 SCHOLARSHIP UNIVERSITY OF CALIFORNIA 380 MINOR HALL BERKELEY CA 94720 940002123 68000 SCHOLARSHIP AND RESEARCH GRANT UNIVERSITY OF MISSOURI AT ST LOUIS COLLEGE OF OPTOMETRY ONE UNIVERSITY BLVD ST LOUIS MO 631214400 436003859 9000 SCHOLARSHIP UNIVERSITY OF THE INCARNATE WORD 9725 DATAPOINT DRIVE SAN ANTONIO TX 78229 741109661 501(C)(3) 19000 SCHOLARSHIPS WESTERN UNIVERSITY OF HEALTH SCIENCES 309 E SECOND ST POMONA CA 91766 953127273 501(C)(3) 7500 SCHOLARSHIP 11 9 RESEARCH/FELLOWSHIP GRANTS 68 106545 PART I, LINE 2: GRANT RECIPIENTS MUST SUBMIT A REPORT OF THEIR RESEARCH FINDINGS NO LATER THAN ONE YEAR POST AWARD. TRAVEL FELLOWSHIPS MUST ATTEND THE ANNUAL MEETING IN ORDER TO RECEIVE THEIR FUNDING/AWARDS. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 LOIS SCHOENBRUN EXECUTIVE DIRECTOR 0 186082 0 5000 0 0 0 14975 0 13852 0 219909 0 0 PART I, LINE 1A PART I, LINE 1A: HEALTH CLUB DUES - LOIS SCHOENBRUN - $220 - NOT INCLUDIBLE IN TAXABLE INCOME PART I, LINE 3 LOIS SCHOENBRUN'S COMPENSATION IS DETERMINED BY THE AMERICAN ACADEMY OF OPTOMETRY VIA WRITTEN EMPLOYEE CONTRACT, COMPENSATION SURVEYS OR STUDIES, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO BEING FILED WITH THE IRS, THE FORM 990 WAS REVIEWED BY THE FINANCE COMMITTEE AND PRESENTED TO THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE AMERICAN OPTOMETRIC FOUNDATION FOLLOWS THE CONFLICT OF INTEREST POLICY OF THE AMERICAN ACADEMY OF OPTOMETRY. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY APPLIES TO ALL BOARD MEMBERS, OFFICERS, STAFF AND CONTRACTORS. WHEN A POTENTIAL OR ACTUAL CONFLICT ARISES, THE INDIVIDUAL WITH THE CONFLICT IS REQUIRED TO NOTIFY THE BOARD OF DIRECTORS OF THE CONFLICT, ABSTAIN FROM ANY DISCUSSION OF THE TRANSACTION, AND ABSTAIN FROM VOTING ON THE TRANSACTION. ALL BOARD MEMBERS AND OFFICERS ARE REQUIRED TO COMPLETE A DISCLOSURE FORM EVERY TWO YEARS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY THE AMERICAN ACADEMY OF OPTOMETRY, A RELATED ORGANIZATION. A PERFORMANCE EVALUATION IS CONDUCTED BI-ANNUALLY USING A 360-DEGREE EVALUATION BY STAFF, COMMITTEES AND SECTION OFFICERS, AS WELL AS THE BOARD. THE MANAGEMENT COMMITTEE MAKES A RECOMMENDATION TO THE BOARD, TAKING INTO ACCOUNT A REVIEW OF COMPARABLE SALARIES, PROVIDED IN SALARY SURVEYS OF NOT-FOR-PROFITS. THE BOARD REVIEWS THE MANAGEMENT COMMITTEE'S RECOMMENDATION. THE DECISION/APPROVAL IS DOCUMENTED IN THE MINUTES AND IN THE EXECUTIVE DIRECTOR CONTRACT. THIS PROCESSED LAST OCCURRED IN 2015. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VII, SECTION A ALLOCATION OF TIME BETWEEN RELATED ORGANIZATIONS LOIS SCHOENBRUN IS THE EXECUTIVE DIRECTOR OF AMERICAN OPTOMETRIC FOUNDATION AND OF AMERICAN ACADEMY OF OPTOMETRY, A RELATED ORGANIZATION. HER AVERAGE WEEKLY HOURS SPENT WORKING FOR EACH ORGANIZATION ARE: AMERICAN ACADEMY OF OPTOMETRY - 32 HOURS PER WEEK AMERICAN OPTOMETRIC FOUNDATION - 8 HOURS PER WEEK RICHARD JONES IS THE DIRECTOR OF FINANCE OF AMERICAN OPTOMETRIC FOUNDATION AND OF AMERICAN ACADEMY OF OPTOMETRY, A RELATED ORGANIZATION. HIS AVERAGE WEEKLY HOURS SPENT WORKING FOR EACH ORGANIZATION ARE: AMERICAN ACADEMY OF OPTOMETRY - 28 HOURS PER WEEK AMERICAN OPTOMETRIC FOUNDATION - 12 HOURS PER WEEK JEFFREY WALLINE, KARLA ZADNIK AND PETE KOLLBAUM ARE BOARD MEMBERS OF AMERICAN OPTOMETRIC FOUNDATION AND OF AMERICAN ACADEMY OF OPTOMETRY, A RELATED ORGANIZATION. THEIR AVERAGE WEEKLY HOURS SPENT WORKING FOR EACH ORGANIZATION ARE: AMERICAN ACADEMY OF OPTOMETRY - 10 HOURS PER WEEK AMERICAN OPTOMETRIC FOUNDATION - 5 HOURS PER WEEK FORM 990, PART IX, LINE 11G FEES FOR OTHER SERVICES: PROGRAM SERVICE EXPENSES 74,642. MANAGEMENT AND GENERAL EXPENSES 8,954. FUNDRAISING EXPENSES 46,004. TOTAL EXPENSES 129,600. FORM 990, PART XII, LINE 2C OVERSIGHT OF AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT THE BOARD OF DIRECTORS OF THE AMERICAN ACADEMY OF OPTOMETRY (A RELATED ORGANIZATION) IS RESPONSIBLE FOR THE ANNUAL SELECTION, MONITORING AND EVALUATION OF AN INDEPENDENT AUDIT FIRM AND OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS. THIS PROCESS LAST OCCURRED IN 2014 AND THERE WAS NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR. AMERICAN ACADEMY OF OPTOMETRY 2909 FAIRGREEN STREET ORLANDO FL 32803 411227642 OPTOMETRIC RESEARCH & SUPPORT DC 501(C)(3) LINE 9 N/A 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 1 1 1 0 0 AMERICAN ACADEMY OF OPTOMETRY N 118443 AMERICAN ACADEMY OF OPTOMETRY C 153348