2013-05-14T15:02:30-05:00 2012-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 500 ORLANDO FL 32801 990 2011-07-01 430768182 AMERICAN OPTOMETRIC FOUNDATION AMER 3217103936 2909 FAIRGREEN STREET ORLANDO FL 32803 LOIS SCHOENBRUN 3217103936 2013-05-14 1 AMY CHAPMAN P00843460 4078021200 2013-05-14 2011 2016-02-24 21:20:13Z LOIS SCHOENBRUN 2909 FAIRGREEN STREET ORLANDO FL 32803 1075113 0 X WWW.AAOPT.ORG/AOF/ABOUT/INDEX.ASP X 1992 NY DEVELOP & PROVIDE FINANCIAL SUPPORT FOR OPTOMETRIC RESEARCH & EDUCATION. 10 10 0 9 0 0 856822 626639 0 0 -112675 28924 0 0 744147 655563 399250 335000 0 0 0 0 0 0 58250 70742 220264 469992 555264 274155 100299 4199869 4202086 63137 30754 4136732 4171332 TO DEVELOP AND PROVIDE FINANCIAL SUPPORT FOR OPTOMETRIC RESEARCH & EDUCATION. 0 0 414944 335000 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. 414944 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 0 1 49 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 0 0 0 MD FL OH X X THE ORGANIZATION 3217103936 2909 FAIRGREEN STREET ORLANDO FL 32803 X ANTHONY ADAMS 5.00 X X 0 0 0 CATHERINE AMOS 5.00 X X 0 0 0 COLLEEN RILEY 5.00 X 0 0 0 KATHRYN DUMBLETON 5.00 X X 0 0 0 JAMES SHEEDY 5.00 X 0 0 0 DAVID KIRSCHEN 5.00 X X 0 0 0 JOSEPH BARR 5.00 X 0 0 0 HOWARD PURCELL 5.00 X 0 0 0 PETE KOLLBAUM 5.00 X 0 0 0 W LEE BALL 5.00 X 0 0 0 LOIS SCHOENBRUN 10.00 X 0 177079 22932 0 177079 22932 0 0 1 0 0 126644 499995 626639 79560 79560 368914 419550 -50636 -50636 -50636 655563 0 0 28924 112000 112000 139000 139000 84000 84000 9403 9403 116133 69679 23227 23227 12019 5884 1352 4783 7301 4381 1460 1460 28780 28780 BAD DEBT 46628 46628 555264 414944 82070 58250 347560 705685 225679 221823 379522 128951 9796 9796 0 0 2389290 2244880 857818 900747 4199869 4202086 2492 2156 15750 15750 44895 12848 63137 30754 X 1100431 1020498 2589773 2696100 446528 454734 4136732 4171332 4199869 4202086 X 100299 -65699 X X 0 1 1 X 0 X 791373 1166131 578321 856822 626637 4019284 791373 1166131 578321 856822 626637 4019284 1512524 2506760 154807 76407 61120 72836 79560 444730 4464014 0.56150 0.57430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 505534 1648 5668 501514 482868 35916 13250 505534 482907 3038 3077 482868 479440 15000 -6283 5250 482907 0.00000 0.91000 0.09000 0 0 9796 9796 0 0 ANNUITIES 900747 F 900747 DUE TO AFFILIATE 12848 12848 655563 555264 100299 -131308 65609 -65699 34600 594426 -131308 70171 -61137 655563 0 655563 625433 70169 70169 555264 0 555264 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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 JEAPARDIZE 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 2009 THROUGH 2011 ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. 0 0 0 0 0 0 0 0 0 0 X EAST ASIA AND THE PACIFIC RESEARCH 25000 CHECK 1 RESEARCH AND FELLOWSHIP EAST ASIA AND THE PACIFIC 1 9500 CHECK RESEARCH AND FELLOWSHIP NORTH AMERICA 3 27000 CHECK RESEARCH AND FELLOWSHIP EUROPE 1 9500 CHECK 0 0 0 0 0 0 0 SOUTHERN COLLEGE OF OPTOMETRY 1245 MADISON AVENUE MEMPHIS TN 38104 620548917 501(C)(3) 6000 RESEARCH & FELLOWSHIP GRANTS STATE UNIVERSITY OF NY COLLEGE OF OPTOMETRY 33 WEST 42ND STREET NEW YORK NY 10036 146013200 501(C)(3) 21000 RESEARCH & FELLOWSHIP GRANTS THE OHIO STATE UNIV COLLEGE OF OPTOMETRY 338 WEST 10TH AVE COLUMBUS OH 43210 316025986 501(C)(3) 23500 RESEARCH & FELLOWSHIP GRANTS UNIVERSITY OF CALIFORNIA AT BERKELEY SCHOOL OF OPTOMETRY 397 MINOR HALL MC 2020 BERKELEY CA 94720 940002123 501(C)(3) 23500 RESEARCH & FELLOWSHIP GRANTS WESTERN UNIVERSITY 309 EAST SECOND STREET PARMONA CA 91766 953127273 501(C)(3) 11000 RESEARCH & FELLOWSHIP GRANTS 5 STUDENT GRANTS/AWARDS 9 84000 CHECK X 0 0 X X X X 0 0 0 0 0 0 0 0 0 LOIS SCHOENBRUN 0 172079 0 5000 0 0 0 13766 0 9166 0 200011 0 0 PART I, LINE 1A PART I, LINE 1A: HEALTH CLUB DUES - LOIS SCHOENBRUN - $420 - NOT INCLUDIBLE IN TAXABLE INCOME SUPPLEMENTAL INFORMATION PART III SCHEDULE J 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 IS 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. THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY THE AMERICAN ACADEMY OF OPTOMETRY, A RELATED ORGANIZATION. A PERFORMANCE EVALUATION IS CONDUCTED ANNUALLY WITH THE BOARD OF DIRECTORS OF THE ACADEMY. 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 PROCESS LAST OCCURED IN 2011. THE FOUNDATION HAS NO OTHER COMPENSATED OFFICERS OR KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. ALLOCATION OF TIME BETWEEN RELATED ORGANIZATIONS FORM 990, PART VII, SECTION A LOIS SCHOENBRUN IS ALSO THE EXECUTIVE DIRECTOR OF AMERICAN ACADEMY OF OPTOMETRY, A RELATED ORGANIZATION. HER AVERAGE WEEKLY HOURS SPENT WORKING FOR EACH ORGANIZATION ARE: AMERICAN ACADEMY OF OPTOMETRY - 30 HOURS PER WEEK AMERICAN OPTOMETRIC FOUNDATION - 10 HOURS PER WEEK CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -131,308. PRIOR PERIOD ADJUSTMENTS: 65,609. TOTAL TO FORM 990, PART XI, LINE 5: -65,699. OVERSIGHT OF AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS OF THE AMERICAN ACADEMY OF OPTOMETRY (A RELATED ORGANIZATION) IS RESPONSIBLE FOR THE SELECTION, MONITORING AND EVALUATION OF AN INDEPENDENT AUDIT FIRM AND OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS. THERE WAS NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR. FORM 990, PART VI, SECTION A, LINE 1: THE EXECUTIVE COMMITTEE SHALL BE COMPRISED OF THE OFFICERS OF THE CORPORATION. THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE AUTHORITY TO RELIEVE ANY OFFICER OF THE CORPORATION OF HIS DUTIES NOR SHALL IT HAVE THE AUTHORITY TO FILL ANY OFFICE OF THE CORPORATION. THE EXECUTIVE COMMITTEE SHALL EXERCISE ALL OTHER POWER OF THE BOARD OF DIRECTORS WHEN THE BOARD OF DIRECTORS SHALL NOT BE IN SESSION UNLESS THOSE POWERS ARE SPECIFICALLY RETAINED BY THE BOARD OF DIRECTORS IN OTHER SECTIONS OF THE BYLAWS. THE EXECUTIVE COMMITTEE SHALL HAVE THE AUTHORITY TO INVEST OR REINVEST THE SURPLUS FUNDS OF THE CORPORATION, SUBJECT TO CERTAIN LIMITATIONS. HOWEVER, THE EXECUTIVE COMMITTEE MUST EXERCISE THE SAME DISCRETION AND JUDGEMENT THAT A PRUDENT BUSINESS PERSON WOULD EXERCISE IN THE INVESTMENT OF HIS/HER OWN FUNDS UNDER SIMILAR CIRCUMSTANCES. THE EXECUTIVE COMMITTEE SHALL PRESENT AN ANNUAL REPORT TO THE BOARD OF DIRECTORS, SETTING FORTH THE IMPORTANT FACTS IN THE OPERATION OF THE CORPORATION DURING THE PRECEDING YEAR. THE EXECUTIVE COMMITTEE MAY MAKE SUCH OTHER REPORTS TO THE BOARD AS IT DEEMS NECESSARY OR AS IT IS REQUESTED TO DO BY THE BOARD. AMERICAN ACADEMY OF OPTOMETRY 2909 FAIRGREEN STREET ORLANDO FL 32803 411227642 OPTOMETRIC RESEARCH & SUPPORT FL 501(C)(3) LINE 9 N/A 0 0 0 1 0 0 0 0 0 0 0 1 1 1 1 1 1 0 0 AMERICAN ACADEMY OF OPTOMETRY N 112644 AMERICAN ACADEMY OF OPTOMETRY M 70171 AMERICAN ACADEMY OF OPTOMETRY C 196795