2015-02-10T11:39:17-06:00 2014-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 500 ORLANDO FL 32801 990 2013-07-01 430768182 AMERICAN OPTOMETRIC FOUNDATION AMER 3217103936 2909 FAIRGREEN STREET ORLANDO FL 32803 LOIS SCHOENBRUN EXECUTIVE DIRECTOR 3217103936 2015-02-06 1 AMY CHAPMAN P00843460 4078021200 2015-02-06 2013 2016-02-25 16:41:14Z LOIS SCHOENBRUN 2909 FAIRGREEN STREET ORLANDO FL 32803 923135 0 X WWW.AAOPT.ORG/AOF/ABOUT/INDEX.ASP X 1947 NY DEVELOP & PROVIDE FINANCIAL SUPPORT FOR OPTOMETRIC RESEARCH & EDUCATION. 12 12 0 15 0 0 635781 596253 0 0 154314 190282 0 0 790095 786535 318366 233634 0 0 0 0 0 0 89797 240550 249985 558916 483619 231179 302916 4573219 5270712 7238 17162 4565981 5253550 TO DEVELOP AND PROVIDE FINANCIAL SUPPORT FOR OPTOMETRIC RESEARCH & EDUCATION. 0 0 333057 233634 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. 333057 1 1 0 0 0 0 0 0 0 1 1 1 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 35 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 1 0 0 MD FL OH X X RICH JONES 3217103936 2909 FAIRGREEN STREET ORLANDO FL 32803 X CATHERINE AMOS IMMEDIATE PAST PRESIDENT 5.00 X 0 0 0 KATHRYN DUMBLETON PRESIDENT 5.00 X X 0 0 0 DAVID KIRSCHEN PRESIDENT-ELECT 5.00 X X 0 0 0 PETE KOLLBAUM SECRETARY-TREASURER 5.00 X X 0 0 0 JUDITH CLAY BOARD MEMBER 5.00 X 0 0 0 SUSAN EGER BOARD MEMBER 5.00 X 0 0 0 WENDY HARRISON BOARD MEMBER 5.00 X 0 0 0 RICHARD MADONNA BOARD MEMBER 5.00 X 0 0 0 JASON NICHOLS BOARD MEMBER 5.00 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 LOIS SCHOENBRUN EXECUTIVE DIRECTOR 8.00 32.00 X 0 182018 23706 RICHARD JONES DIRECTOR OF FINANCE 8.00 32.00 X 0 104360 17409 0 288378 41115 0 0 1 0 0 126998 469255 596253 190486 190486 136396 136600 -204 -204 -204 786535 0 0 190282 58634 58634 124000 124000 51000 51000 10870 10870 18921 18921 134107 80463 26822 26822 27966 7741 412 19813 21886 11219 3740 6927 36235 36235 483619 333057 60765 89797 235613 320907 391402 449059 800 500 9796 9796 0 0 3182540 3688775 762398 800625 466 10846 4573219 5270712 1602 2869 3750 3750 1886 10543 7238 17162 X 1119132 1450039 3246872 3602725 199977 200786 4565981 5253550 4573219 5270712 X 302916 373100 11553 X X 0 1 X 1 0 X 578321 856822 626637 635781 596253 3293814 578321 856822 626637 635781 596253 3293814 1113033 2180781 61120 72836 79560 109807 190486 513809 3807623 0.57270 0.51890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 558896 30110 8600 580406 501514 300368 17807 5250 255543 558896 505534 1648 5668 501514 482868 35916 13250 505534 482907 3038 3077 482868 0.52010 0.34590 0.13400 0 0 9796 9796 0 0 ANNUITIES 800625 F 800625 DUE TO AFFILIATE 10543 10543 X 1231046 373100 90332 463432 767614 18921 18921 786535 543477 90332 90332 453145 18921 11553 30474 483619 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. THE TAX RETURNS FOR THE FISCAL YEARS ENDED 2011 THROUGH 2013 ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT ADJUSTMENT 11,553. 1 0 0 0 0 0 0 0 0 0 AUSTRALIA RESEARCH AND FELLOWSHIP GRANTS 25000 CHECK 1 RESEARCH AND FELLOWSHIP GRANTS AUSTRALIA 3 19750 CHECK/WIRE TRANSFER RESEARCH AND FELLOWSHIP GRANTS CANADA 1 750 CHECK/WIRE TRANSFER RESEARCH AND FELLOWSHIP GRANTS UNITED KINGDOM 1 2500 CHECK/WIRE TRANSFER 0 0 0 0 0 0 1 SUNY STATE COLLEGE OF OPTOMETRY 33 WEST 42ND STREET NEW YORK NY 10036 146013200 501(C)(3) 5929 EDUCATION/RESEARCH WESTERN UNIVERSITY 309 EAST SECOND STREET PAMONA CA 91766 953127273 501(C)(3) 8000 EDUCATION/RESEARCH SOUTHERN COLLEGE OF OPTOMETRY 125 MADISON AVENUE MEMPHIS TN 38104 620548917 501(C)(3) 5980 EDUCATION/RESEARCH 3 RESEARCH/FELLOWSHIP GRANTS 42 124000 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. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 LOIS SCHOENBRUN EXECUTIVE DIRECTOR 0 182018 0 0 0 0 0 14626 0 9080 0 205724 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, 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 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 2014. 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 - 32 HOURS PER WEEK AMERICAN OPTOMETRIC FOUNDATION - 8 HOURS PER WEEK JEFFREY WALLINE AND KARLA ZADNIK 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 XI, LINE 9: BAD DEBT ADJUSTMENT 11,553. 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 2013 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 90332 AMERICAN ACADEMY OF OPTOMETRY C 126998