2015-02-03T13:20:43-06:00 2014-06-30 521855942 TATE AND TRYON 2021 L STREET NW SUITE 400 WASHINGTON DC 20036 990 2013-07-01 236268380 AMERICAN FLORAL ENDOWMENT AMER 7038385211 1601 DUKE STREET ALEXANDRIA VA 22314 DEBRA AKER EXECUTIVE DIRECTOR 7038385211 2015-02-03 1 ELIZABETH HELLER P00397829 2022932200 2013 2016-02-25 16:41:14Z PAUL BACHMAN 1601 DUKE STREET ALEXANDRIA VA 22314 8063315 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 0 1085913 283428 0 0 122704 754435 36493 9769 1245110 1047632 361002 393925 0 0 96448 101050 0 0 0 256036 248325 713486 743300 531624 304332 16057698 18040070 55065 75097 16002633 17964973 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 428925 393925 GRANT EXPENDITURES - ADVANCEMENT OF RESEARCH AND PROJECTS OF BENEFIT TO ORNAMENTAL FLORICULTURE AND HORTICULTURE. 428925 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 1 0 1 0 0 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 X DEBRA L AKER EXECUTIVE DIRECTOR 7038385211 1601 DUKE STREET ALEXANDRIA VA 22314 PAUL BACHMAN CHAIRMAN 1.00 1.00 X X 0 0 0 GABRIEL BECERRA CHAIRMAN-ELECT 1.00 1.00 X X 0 0 0 KEN ALTMAN TREASURER/SECRETARY 1.00 1.00 X X 0 0 0 TOM BUTLER PAST CHAIRMAN 1.00 1.00 X X 0 0 0 CHARLES KREMP TRUSTEE 1.00 1.00 X 0 0 0 DWIGHT LARIMER TRUSTEE 1.00 1.00 X 0 0 0 JIM DALY TRUSTEE 1.00 0.00 X 0 0 0 ERIC LEVY TRUSTEE 1.00 0.00 X 0 0 0 MIKE DUVALL TRUSTEE 1.00 0.00 X 0 0 0 PJ ELLISON TRUSTEE 1.00 0.00 X 0 0 0 JUAN CARLOS GONZALEZ URIBE TRUSTEE 1.00 0.00 X 0 0 0 RAMON GARCIA TRUSTEE 1.00 0.00 X 0 0 0 KRISTI HUFFMAN TRUSTEE 1.00 0.00 X 0 0 0 RANDY TARAWA TRUSTEE 1.00 0.00 X 0 0 0 MARVIN MILLER TRUSTEE 1.00 0.00 X 0 0 0 ERIC NISSEN TRUSTEE 1.00 0.00 X 0 0 0 LAURA SHINALL TRUSTEE 1.00 0.00 X 0 0 0 KEN YOUNG TRUSTEE 1.00 0.00 X 0 0 0 DEBRA AKER EXECUTIVE DIRECTOR 37.50 1.00 X 91250 0 9124 91250 0 9124 0 0 0 1 0 14050 269378 26346 283428 266496 266496 7439148 6951209 487939 487939 487939 66393 14050 64474 1919 1919 INSURANCE PROCEEDS 900099 7850 7850 7850 1047632 0 0 764204 393925 393925 101050 101050 105405 35000 70405 189 189 21300 21300 57750 57750 816 816 2586 2586 1575 1575 616 616 SAF SALARY REIMBURSEMEN 50802 50802 MISCELLANEOUS 7286 7286 743300 428925 314375 0 13872 35349 1061643 954017 11425 8500 3396 12656658 14334722 2181109 2563245 132991 140841 16057698 18040070 3000 20500 50600 34565 21497 55065 75097 X 10144257 10730000 3185521 3493454 2672855 3741519 16002633 17964973 16057698 18040070 304332 1658008 0 X X 0 1 X 1 0 X 355389 240421 374999 1085913 283428 2340150 355389 240421 374999 1085913 283428 2340150 907461 1432689 258465 297841 346284 290020 266496 1459106 22813 -20100 18131 7850 28694 3827950 318114 0.37430 0.33390 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: INSURANCE PROCEEDS MISCELLANEOUS RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13322730 243196 2057275 624679 14998522 11666334 1131462 1103558 578624 13322730 12126959 145714 -78548 527791 11666334 10133862 110541 2227976 345420 12126959 9416886 97762 854065 234851 10133862 0.71540 0.24960 0.03500 0 0 0 NORTHERN TRUST ALPHA STRATEGIES FUND 1388169 F NORTHERN TRUST PRIVATE EQUITY FUND III, LP 1175076 F 2563245 SEELEY LIABILITY INCOME 21497 21497 X 2770114 1658008 64474 1722482 1047632 0 1047632 807774 64474 64474 743300 0 743300 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 X, LINE 2: THE ENDOWMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR INCOME TAX POSITIONS TAKEN. THEREFORE, MANAGEMENT HAS NOT IDENTIFIED ANY UNCERTAIN INCOME TAX POSITIONS. THE FISCAL YEARS ENDING JUNE 30, 2011 THROUGH 2014 REMAIN OPEN FOR EXAMINATION BY TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 64,474. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 64,474. ENDOWMENT DINNER 80443 14050 66393 37734 1300 25440 80443 14050 66393 37734 1300 25440 64474 1919 1 AFE SCHOLARSHIPS 22 32350 BALL SCHOLARSHIPS 8 30500 ECKE SCHOLARSHIP 3 15000 EDUCATION GRANTS 11 35825 GUS POESCH GRANT 1 27100 MOSMILLER SCHOLARSHIPS 3 6000 PHILLIP SCHOLARSHIP GRANTS 6 27500 SCIENTIFIC RESEARCH 9 219650 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 $101,050 FROM SAF FOR THE YEAR ENDED JUNE 30, 2014. X 1 26346 FMV 0 0 0 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 IN 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 $151,852 FOR GENERAL ADMINISTRATIVE SERVICES FOR THE YEAR ENDED JUNE 30, 2014. THE ENDOWMENT WAS ALSO PROVIDED OFFICE SPACE AT NO CHARGE FROM THE SOCIETY FOR THE YEAR ENDED JUNE 30, 2014. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE CHAIRMAN AND THE TREASURER. 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 1801 DUKE STREET 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 0 0 0 0 0