AMERICAN PHARMACISTS ASSOCIATION FOUNDATION: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- AMERICAN PHARMACISTS ASSOCIATION FOUNDATION (EIN 52-6039142)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-11-10
- IRS object ID
- 201133149349302363
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-11-10T12:18:22-06:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TATE AND TRYON | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2021 L STREET NW SUITE 400 | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 20036 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 526039142 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMERICAN PHARMACISTS ASSOCIATION FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | AMER | NameControl |
| Phone | 2026284410 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2215 CONSTITUTION AVE NW | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 20037 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MINDY D SMITH | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 2026284410 | Phone |
| Date Signed | 2011-11-10 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DEBORAH G KOSNETT | Name |
| Phone | 2022932200 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | APHA FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MINDY D SMITH | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2215 CONSTITUTION AVE NW | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 20037 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 2161100 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.APHAFOUNDATION.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1953 | YearFormation |
| State Legal Domicile | DC | StateLegalDomicile |
| Activity Or Mission Description | TO ADVANCE THE SCIENCE OF PHARMACY AND PHARMACEUTICAL EDUCATION, FOR STUDY AND RESEARCH, AND FOR THE PROMOTION OF PUBLIC HEALTH. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 8 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 50 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1042936 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1562291 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 66156 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 161345 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -125528 | InvestmentIncomePriorYear |
| Investment Income Current Year | 65784 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 983564 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1789420 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 55555 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 55205 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 805061 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 636594 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 137361 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1613772 | OtherExpensePriorYear |
| Other Expenses Current Year | 875415 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 2474388 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1567214 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -1490824 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 222206 | RevenuesLessExpensesCY |
| Total Assets BOY | 6521005 | TotalAssetsBOY |
| Total Assets EOY | 8319380 | TotalAssetsEOY |
| Total Liabilities BOY | 710643 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 2163208 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 5810362 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 6156172 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE AMERICAN PHARMACISTS ASSOCIATION FOUNDATION WAS CREATED IN 1953 TO ACCEPT BEQUESTS AND GIFTS FROM VARIOUS SOURCES TO BE USED FOR THE ADVANCEMENT OF THE SCIENCE OF PHARMACY AND PHARMACEUTICAL EDUCATION, FOR STUDY AND RESEARCH, FOR THE PUBLICATION OF SCIENTIFIC INFORMATION, AND FOR THE IMPROVEMENT AND PROMOTION OF PUBLIC HEALTH THROUGH THE DISSEMINATION OF INFORMATION. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 570124 | Expense |
| Grants | 14000 | Grants |
| Revenue | 161345 | Revenue |
| Description | SCIENCE AND RESEARCH - TO FOSTER RESEARCH THAT ESTABLISHES NEW MODELS OF PRACTICE FOR PHARMACISTS AND REDEFINES PATIENT CARE IN PHARMACY PRACTICE. THE FOUNDATION RESEARCH PROJECTS INCLUDE DIABETES TEN CITY CHALLENGE, PROJECT IMPACT: DIABETES, PROJECT IMPACT: HYPERTENSION, AND PATIENT SELF MANAGEMENT PROGRAM : DIABETES. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 125571 | Expense |
| Grants | 41205 | Grants |
| Description | AWARDS AND GRANTS - TO ENCOURAGE THE ENHANCEMENT OF PHARMACISTS SKILLS AND TO PROVIDE BETTER SERVICE TO THE PUBLIC IN THE AREA OF PHARMACEUTICAL CARE. THE FOUNDATION HAS THREE AWARD PROGRAMS: 1) INCENTIVE GRANTS - PROVIDES SEED FUNDING TO PHARMACISTS WHO WANT TO ESTABLISH OR SUPPORT ALREADY EXISTING PATIENT CARE SERVICES WITHIN THEIR PHARMACY PRACTICE. 2) PINNACLE AWARDS - ANNUAL RECOGNITION PROGRAM FOR CONTRIBUTIONS TO HEALTHCARE QUALITY THROUGH THE MEDICATION USE PROCESS. 3) STUDENT SCHOLARSHIP PROGRAM - RECOGNIZES STUDENTS WHO HELP SHAPE THE FUTURE OF THE PROFESSION. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 33906 | Expense |
| Description | LIBRARY AND ARCHIVES- - TO MAINTAIN AN INFORMATION RESOURCES CENTER FOR THE PROFESSION AND THE PUBLIC TO USE FOR THE ADVANCEMENT OF PHARMACY RESEARCH AND SCIENCE. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 729601 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 19 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 8 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOSEPH JANELA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2026284410 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2215 CONSTITUTION AVE NW | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 20037 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (12 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| WENDY FRIEDIG | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| ADELE PIETRANTONI | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| MARK CZIRAKY | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| DAN LUCE | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| DAVID SCHULKE | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| DENNIS HELLING | |||||||
| PRESIDENT | 2.00 | X | 0 | 0 | 0 | X | |
| LAURA GORDON | |||||||
| VICE PRESIDENT | 2.00 | X | 0 | 0 | 0 | X | |
| EUGENE LUTZ | |||||||
| TREASURER | 2.00 | X | 0 | 0 | 0 | X | |
| THOMAS MENIGHAN | |||||||
| SECRETARY | 2.00 | X | 0 | 479765 | 29221 | X | |
| WILLIAM ELLIS | |||||||
| EXEC DIR/CEO (THRU OCT) | 40.00 | 161725 | 0 | 18553 | X | ||
| ELIZABETH KEYES | |||||||
| EXEC DIR (INTERIM) | 5.00 | 5000 | 213910 | 26213 | X | ||
| BENJAMIN BLUML | |||||||
| DIRECTOR OF RESEARCH | 40.00 | 147065 | 0 | 23782 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 313790 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 693675 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 97769 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INNOVATION FOCUS | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 EAST CHESTNUT STREET | AddressLine1 |
| City | LANCASTER | City |
| State | PA | State |
| ZIP Code | 17062 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | CONSULTING SERVICES | DescriptionOfServices |
| Compensation | 150000 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| All Other Contributions | 1562291 | AllOtherContributions |
| Total Contributions | 1562291 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | CONSULTING SERVICES | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 161345 | TotalRevenueColumn |
| Related Or Exempt Function Income | 161345 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 161345 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 52635 | TotalRevenueColumn |
| Exclusion | $52,635 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 384829 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 371680 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 13149 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 13149 | TotalRevenueColumn |
| Exclusion | $13,149 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1789420 | TotalRevenueColumn |
| Related Or Exempt Function Income | 161345 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $65,784 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 55205 | Total |
| Program Services | 55205 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 353928 | Total |
| Program Services | 131919 | ProgramServices |
| Management And General | 209935 | ManagementAndGeneral |
| Fundraising | 12074 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 195975 | Total |
| Program Services | 12825 | ProgramServices |
| Management And General | 160398 | ManagementAndGeneral |
| Fundraising | 22752 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4068 | Total |
| Program Services | -1910 | ProgramServices |
| Management And General | 4931 | ManagementAndGeneral |
| Fundraising | 1047 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 50646 | Total |
| Program Services | 6197 | ProgramServices |
| Management And General | 41168 | ManagementAndGeneral |
| Fundraising | 3281 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31977 | Total |
| Program Services | 8057 | ProgramServices |
| Management And General | 21798 | ManagementAndGeneral |
| Fundraising | 2122 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16046 | Total |
| Management And General | 16046 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25955 | Total |
| Program Services | 6540 | ProgramServices |
| Management And General | 19415 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14590 | Total |
| Management And General | 14590 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 357751 | Total |
| Program Services | 289309 | ProgramServices |
| Management And General | 35981 | ManagementAndGeneral |
| Fundraising | 32461 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 100582 | Total |
| Program Services | 54862 | ProgramServices |
| Management And General | 20834 | ManagementAndGeneral |
| Fundraising | 24886 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -49801 | Total |
| Fundraising | -49801 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 597 | Total |
| Management And General | 597 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 55828 | Total |
| Program Services | 24494 | ProgramServices |
| Management And General | 26777 | ManagementAndGeneral |
| Fundraising | 4557 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 52837 | Total |
| Program Services | 34927 | ProgramServices |
| Management And General | 6015 | ManagementAndGeneral |
| Fundraising | 11895 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76366 | Total |
| Program Services | 76366 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10991 | Total |
| Management And General | 9743 | ManagementAndGeneral |
| Fundraising | 1248 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| OVERHEAD | 98068 | 3167 | 94901 | 0 |
| BAD DEBT EXPENSE | 66095 | -2376 | 30 | 68441 |
| DUES AND SUBSCRIPTIONS | 30187 | 30187 | 0 | 0 |
| OTHER EXPENSE | 15002 | -2351 | 15473 | 1880 |
| PROFESSIONAL DUES AND S | 4015 | 2183 | 1314 | 518 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 306 | Total |
| Management And General | 306 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1567214 | Total |
| Program Services | 729601 | ProgramServices |
| Management And General | 700252 | ManagementAndGeneral |
| Fundraising | 137361 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 67355 | BOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3041906 | BOY |
| EOY | 4139557 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1837430 | BOY |
| EOY | 1461436 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13529 | BOY |
| EOY | 166604 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1012 | BOY |
| EOY | 1012 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 377424 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 353011 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 100780 | BOY |
| EOY | 24413 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1458993 | BOY |
| EOY | 2209530 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 316828 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6521005 | BOY |
| EOY | 8319380 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 126101 | BOY |
| EOY | 96180 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 146039 | BOY |
| EOY | 2067028 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 438503 | BOY |
| EOY | 0 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 710643 | BOY |
| EOY | 2163208 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2097856 | BOY |
| EOY | 2958553 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3416206 | BOY |
| EOY | 2651319 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 296300 | BOY |
| EOY | 546300 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5810362 | BOY |
| EOY | 6156172 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6521005 | BOY |
| EOY | 8319380 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 222206 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 123604 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1646823 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4850947 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1612684 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1042936 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1562291 | CurrentTaxYear |
| Total | 10715681 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1646823 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4850947 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1612684 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1042936 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1562291 | CurrentTaxYear |
| Total | 10715681 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 5073200 | AmountsSubstContributorsTotal |
| Public Support Total170 | 5642481 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 227070 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 277475 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 237503 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 76280 | CurrentTaxYearMinus1Year |
| Current Tax Year | 52635 | CurrentTaxYear |
| Total | 870963 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 11586644 | TotalSupport |
| Public Support Pertcentage170 | 0.48700 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.46060 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 330134 | BeginningOfYearBalance |
| Contributions | 250000 | Contributions |
| Investment Earnings Or Losses | 43691 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 2001 | GrantsOrScholarships |
| End Of Year Balance | 621824 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 326744 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 4790 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1400 | GrantsOrScholarships |
| End Of Year Balance | 330134 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 442008 | BeginningOfYearBalance |
| Contributions | 831 | Contributions |
| Investment Earnings Or Losses | -111596 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 4500 | GrantsOrScholarships |
| End Of Year Balance | 326743 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.00000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.88000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.12000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 377424 | OtherCostOrOtherBasis |
| Depreciation | 353011 | Depreciation |
| Book Value | 24413 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 24413 | TotalOfBookValueLandBuildings |
| Total Revenue | 1789420 | TotalRevenue |
| Total Expenses | 1567214 | TotalExpenses |
| Excess Or Deficit For Year | 222206 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 123604 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 123604 | TotalAdjustments |
| Excess Or Deficit Per FS | 345810 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 1898434 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 123604 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 123604 | RevenueNotRptdF990 |
| Revenue Subtotal | 1774830 | RevenueSubtotal |
| Investment Expenses Not Included | 14590 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 14590 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 1789420 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 1552624 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 1552624 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 14590 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 14590 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 1567214 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 1A: | THE FOUNDATION ACQUIRED AN ART COLLECTION WITH AN APPRAISED VALUE OF APPROXIMATELY $1,300,000 THROUGH A DONOR CONTRIBUTION IN A PRIOR YEAR. THE COLLECTION WAS RECEIVED WITH A PERMANENT DONOR RESTRICTION THAT THE COLLECTION CANNOT AND SHOULD NOT BE SOLD. IN 2009, THE FOUNDATION COMMISSIONED TWO BRONZE SCULPTURES WHICH DEPICT THE ROLES OF PHARMACISTS. THE COST TO CREATE THESE SCULPTURES WAS APPROXIMATELY $120,000. THE FOUNDATION'S COLLECTIONS ARE HELD FOR PUBLIC EXHIBITION, ARE CARED FOR AND PRESERVED, AND PROCEEDS FROM DE-ACCESSIONS OR INSURANCE RECOVERIES FOR LOST OR DAMAGED COLLECTION ITEMS ARE DESIGNATED FOR FUTURE COLLECTION ACQUISITIONS. UNDER AUTHORITATIVE GUIDANCE ISSUED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB), THE FOUNDATION HAS THE OPTION OR NOT CAPITALIZING ITS COLLECTIONS. THE FOUNDATION HAS ELECTED NOT TO CAPITALIZE ITS COLLECTIONS, AND ACCORDINGLY, THESE COLLECTIONS ARE NOT RECOGNIZED AS ASSETS IN THE ACCOMPANYING STATEMENTS OF FINANCIAL POSITION. PURCHASE OF COLLECTION ITEMS ARE RECOGNIZED AS REDUCTION IN UNRESTRICTED NET ASSETS IN THE PERIOD OF ACQUISITION. | |
| PART III, LINE 4: | THE ART COLLECTION, TITLED "GREAT MOMENTS IN PHARMACY," PROVIDES A PICTORIAL HISTORY OF PHARMACY FROM EARLY CIVILIZATION UNTIL THE 1950'S THROUGH A SERIES OF 40 PAINTINGS PAINTED BY THE ARTIST ROBERT THOM. THE FOUNDATION'S ARTICLES OF INCORPORATION STATE THAT "THE PARTICULAR BUSINESS AND OBJECTS OF SAID CORPORATION SHALL BE TO RECEIVE GIFTS, BEQUESTS AND DEVICES OR PROPERTY AND OTHERWISE TO ACQUIRE PROPERTY, REAL AND PERSONAL, OF WHATSOEVER NATURE AND WHERESOEVER THE SAME MAY BE SITUATE TO BE USED EXCLUSIVELY FOR THE ADVANCEMENT OF THE SCIENCE OF PHARMACY AND PHARMACEUTICAL EDUCATION...". THE DISPLAY OF THIS COLLECTION FURTHERS THE FOUNDATION'S EDUCATIONAL PURPOSES AS IT IS AVAILABLE TO ALL VISITORS TO THE BUILDINGS. REPRODUCTION RIGHTS TO THE IMAGES HAVE BEEN GRANTED FOR USE IN TEXT BOOKS AND OTHER SCHOLARLY BOOKS. | |
| PART V, LINE 4: | THE FOUNDATION'S PERMANENTLY RESTRICTED NET ASSETS ARE USED TO GENERATE REVENUE TO SUPPORT THE ONGOING MANAGEMENT AND ADMINISTRATION OF THESE PROGRAMS. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PART X: | THE FOUNDATION BELIEVES THAT IS HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND THEREFORE, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE FOUNDATION BELIEVES IT IS NO LONGER SUBJECT TO FEDERAL, STATE, AND LOCAL INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR TAX YEARS BEGINNING BEFORE 2007. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (3 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation |
|---|---|---|---|
| HONORARIA AND AWARDS | 24 | 19000 | FMV |
| INCENTIVE GRANTS | 21 | 26240 | FMV |
| SCHOLARSHIPS | 10 | 9965 | FMV |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: SCHOLARSHIPS AND/OR GRANTS ARE AWARDED BASED ON MERIT. APPLICATIONS ARE APPROVED BY THE BOARD OF DIRECTORS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| THOMAS MENIGHAN | |||||||||||||
| 0 | 446827 | 0 | 22909 | 0 | 10029 | 0 | 19600 | 0 | 13652 | 0 | 513017 | 0 | 0 |
| WILLIAM ELLIS | |||||||||||||
| 161367 | 0 | 0 | 0 | 358 | 0 | 13176 | 0 | 7117 | 0 | 182018 | 0 | 0 | 0 |
| ELIZABETH KEYES | |||||||||||||
| 5000 | 190572 | 0 | 22909 | 0 | 429 | 0 | 14064 | 0 | 14207 | 5000 | 242181 | 0 | 0 |
| BENJAMIN BLUML | |||||||||||||
| 146645 | 0 | 0 | 0 | 420 | 0 | 11710 | 0 | 12780 | 0 | 171555 | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | THE FOUNDATIONS BYLAWS WERE REVISED TO: -- TO STIPULATE THAT 7 OF THE DIRECTORS MUST BE ELECTED PHARMACISTS AND 2 MUST BE APPOINTED NON-PHARMACISTS. -- TO CHANGE THE METHOD OF ELECTING DIRECTORS: THE FOUNDATION'S MEMBERS, RATHER THAN THE BOARD OF DIRECTORS, SHALL ELECT NEW DIRECTORS. THE BOARD OF DIRECTORS WILL CONTINUE TO APPOINT THE NON-ELECTED DIRECTORS. -- TO MAKE MINOR CHANGES IN THE METHOD OF FILLING BOARD VACANCIES. -- TO ALLOW FOR ELECTRONIC VOTING. -- TO ELIMINATE THE POWERS OF THE BOARD OF DIRECTORS WITH REGARD TO INSERTION OF MOST PROPOSED BYLAWS AMENDMENTS, IN BETWEEN MEMBER MEETINGS. | |
| FORM 990, PART VI, SECTION A, LINE 6 | A DONOR MAY BECOME A MEMBER OF THE FOUNDATION BY MAKING A $25 CONTRIBUTION. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE FORM 990 BEFORE IT IS FILED. | |
| THE CONFLICT OF INTEREST POLICY IS REVIEWED AND SIGNED BY ALL THE BOARD OF DIRECTORS ANNUALLY. THE FOUNDATION EXECUTIVE DIRECTOR REVIEWS ANY BUSINESS TRANSACTIONS (COMPENSATION/SERVICES RENDERED) WITH BOARD MEMBERS AND THIS INFORMATION, IF ANY, IS DISCLOSED TO THE FOUNDATION'S LEGAL COUNSEL. LEGAL COUNSEL DISCLOSES THIS INFORMATION DURING THE EXECUTIVE SESSION REVIEW OF THE BOARD OF DIRECTORS MEETINGS. | FORM 990, PART VI, SECTION B, LINE 12C | |
| TOP MANAGEMENT OFFICIAL: THE FOUNDATION BOARD OF DIRECTORS APPROVES THE TOP MANAGEMENT OFFICIAL'S EMPLOYMENT CONTRACT. THE COMPENSATION IN THE EMPLOYMENT CONTRACT WAS DETERMINED THROUGH COMPARABILITY ANALYSIS CONDUCTED BY AN INDEPENDENT CONSULTANT. OTHER OFFICERS AND KEY EMPLOYEES: COMPENSATION IS DETERMINED THROUGH A YEARLY COMPARABILITY ANALYSIS CONDUCTED BY AN INDEPENDENT CONSULTANT (OR IN THOSE INSTANCES WHEN VACANCIES OCCUR). COMPENSATION INCREASES ARE APPROVED BY THE FOUNDATION CEO. | FORM 990, PART VI, SECTION B, LINE 15A | |
| THE ORGANIZATION MAKES ITS ARTICLES OF INCORPORATION, BYLAWS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 123,604. | FORM 990, PART XI, LINE 5: |
| OVERSIGHT OF AUDIT HAS NOT CHANGED FROM PRIOR YEAR. | FORM 990, PART XI, LINE 2C |
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