2012-05-14T10:14:42-05:00 2011-06-30 CLIFTONLARSONALLEN LLP 2900 SOUTH QUINCY ST SUITE 150 ARLINGTON VA 22206 990 2010-07-01 430768182 AMERICAN OPTOMETRIC FOUNDATION AMER 3217103937 2909 FAIRGREEN STREET ORLANDO FL 32803 LOIS SCHOENBRUN 3217103937 2012-05-10 1 KAREN GRIES 7039985100 2010 2016-02-24 21:20:13Z X LOIS SCHOENBRUN 2909 FAIRGREEN STREET ORLANDO FL 32803 1829765 0 X WWW.AAOPT.ORG/AOF/ABOUT/INDEX.ASP X 1992 NY DEVELOP & PROVIDE FINANCIAL SUPPORT FOR OPTOMETRIC RESEARCH & EDUCATION. 9 9 0 9 0 0 546724 856822 0 0 -2422 -112675 0 0 544302 744147 402500 399250 0 0 0 0 0 0 38678 66894 70742 469394 469992 74908 274155 3500269 4199869 33970 63137 3466299 4136732 TO DEVELOP AND PROVIDE FINANCIAL SUPPORT FOR OPTOMETRIC RESEARCH & EDUCATION. 0 0 408672 399250 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 IMPACT (DEVELOPMENT NEWSLETTER). 408672 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 0 0 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 59 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 1 0 1 1 0 0 1 1 0 1 1 1 0 0 0 MD FL OH X X THE ORGANIZATION 3217103937 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 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 LOIS SCHOENBRUN 35.00 X 0 167469 22545 0 167469 22545 0 0 1 0 0 856822 13520 856822 72836 72836 900107 1085618 -185511 -185511 -185511 744147 -185511 0 72836 176000 176000 139250 139250 84000 84000 8250 8250 3508 3508 14259 9422 4837 8427 6047 2380 36298 36298 469992 408672 22642 38678 429387 347560 319511 225679 236843 379522 9796 9796 0 0 1487344 2389290 1027184 857818 3500269 4199869 2831 2492 15750 15750 15389 44895 33970 63137 X 964694 1100431 2063044 2589773 438561 446528 3466299 4136732 3500269 4199869 X 274155 396278 X 0 1 1 X 0 X 940253 791373 1166131 578321 856822 4332900 940253 791373 1166131 578321 856822 4332900 1596436 2736464 66592 154807 76407 61120 72836 431762 4764662 0.57430 0.60350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 482868 35916 13250 505534 482907 3038 3077 482868 479440 15000 -6283 5250 482907 0.00000 0.88000 0.11000 0 0 9796 9796 0 0 ANNUITIES 857818 F 857818 DUE TO AFFILIATE 44895 44895 744147 469992 274155 396278 396278 670433 1307040 396278 166615 562893 744147 0 744147 636607 166615 166615 469992 0 469992 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 2008 THROUGH 2010 ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI LINE 8; PART XII LINE 4B NONCASH CONTRIBUTIONS - AUCTION 0 0 0 0 0 0 0 0 0 0 X NORTH AMERICA RESEARCH AND FELLOWSHIP GRANTS 41000 CHECK AWARDS EAST ASIA AND THE PACIFIC 2 3000 CHECK FELLOWSHIP GRANT NORTH AMERICA 2 16000 CHECK AWARDS NORTH AMERICA 1 1500 CHECK FELLOWSHIP GRANT EAST ASIA AND THE PACIFIC 2 16000 TRAVEL AWARDS NORTH AMERICA 2 1500 CHECK AWARD EUROPE 1 750 CHECK SCHOLARSHIPS NORTH AMERICA 3 3000 CHECK 0 0 0 0 0 0 1 INDIANA UNIV AT BLOOMINGTON SCH OF OPTOMETRY 800 ATWATER AVE RM 310 BLOOMINGTON IN 47405 356002673 501(C)(3) 26500 RESEARCH & FELLOWSHIP GRANTS MIDWEST UNIV ARIZONA COLLEGE OF OPTOMETRY 19555 N 59TH AVE GLENDALE AZ 85308 363377698 501(C)(3) 20000 RESEARCH & FELLOWSHIP GRANTS PACIFIC UNIV COLLEGE OF OPTOMETRY 2043 COLLEGE WAY FOREST GROVE OR 97116 930386892 501(C)(3) 7000 RESEARCH & FELLOWSHIP GRANTS PENNSYLVANIA COLLEGE OF OPTOMETRY AT SALUS UNIV 8360 OLD YORK ROAD ELKINS PA 19027 231413680 501(C)(3) 7000 RESEARCH & FELLOWSHIP GRANTS SOUTHERN CALIFORNIA COLLEGE OF OPTOMETRY 2575 YORBA LINDA BLVD FULLERTON CA 92831 951644593 501(C)(3) 7000 RESEARCH AND FELLOWSHIP GRANTS SOUTHERN COLLEGE OF OPTOMETRY 1245 MADISON AVENUE MEMPHIS TN 38104 620548917 501(C)(3) 7000 RESEARCH & FELLOWSHIP GRANTS STATE UNIVERSITY OF NY COLLEGE OF OPTOMETRY 33 WEST 42ND STREET NEW YORK NY 10036 146013200 501(C)(3) 6000 RESEARCH & FELLOWSHIP GRANTS THE OHIO STATE UNIV COLLEGE OF OPTOMETRY 338 WEST 10TH AVE COLUMBUS OH 43210 316025986 501(C)(3) 7000 RESEARCH & FELLOWSHIP GRANTS UNIVERSITY OF ALABAMA AT BIRMINGHAM SCHOOL OF OPTOMETRY 1716 UNIVERSITY BLVD BIRMINGHAM AL 35124 636005396 501(C)(3) 6000 RESEARCH & FELLOWSHIP GRANTS UNIVERSITY OF CALIFORNIA AT BERKELEY SCHOOL OF OPTOMETRY 397 MINOR HALL MC 2020 BERKELEY CA 94720 940002123 501(C)(3) 13500 RESEARCH & FELLOWSHIP GRANTS UNIVERSITY OF HOUSTON COLLEGE OF OPTOMETRY 505 J DAVID ARMISTEAD BLDG HOUSTON TX 77204 760216422 501(C)(3) 7000 RESEARCH & FELLOWSHIP GRANTS UNIVERSITY OF MISSOURI AT ST LOUIS COLLEGE OF OPTOMETRY ONE UNIVERSITY BLVD ST LOUIS MO 63121 436003859 501(C)(3) 6000 RESEARCH & FELLOWSHIP GRANTS 12 0 STUDENT GRANTS/AWARDS 99 131500 CHECK 0 0 0 0 0 0 0 0 0 LOIS SCHOENBRUN 0 167469 0 0 0 0 0 8982 0 13563 0 190014 0 0 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. X 2169 APPRAISAL X 3302 DONOR ESTIMATE X 1310 DONOR ESTIMATE X VACATIONS 2700 PURCHASE PRICE X ELECTRONICS 1429 PURCHASE PRICE 0 1 0 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 HE 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. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE BOARD ARE APPOINTED BY THE BOARD OF DIRECTORS OF THE AMERICAN ACADEMY OF OPTOMETRY. 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. 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 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 - 31 HOURS PER WEEK AMERICAN OPTOMETRIC FOUNDATION - 4 HOURS PER WEEK CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 396,278. NONCASH CONTRIBUTIONS AMERICAN ACADEMY OF OPTOMETRY 6110 EXECUTIVE ROAD SUITE 506 ROCKVILLE MD 20852 411227642 OPTOMETRIC RESEARCH & SUPPORT DC 501(C)(3) LINE 9 N/A 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 0 0