2011-04-08T17:15:39-05:00 2010-06-30 SCHNEIDER DOWNS & CO INC 1133 PENN AVENUE PITTSBURGH PA 15222 990 2009-07-01 251439732 Eye and Ear Foundation EYEA 4123838756 BIOMEDICAL SCI TWR 203 LOTHROP ST No 119 PITTSBURGH PA 15213 PAUL VITTONE 4123838756 2011-04-08 1 Susan M Kirsch 4122613644 2009 2016-02-24 21:20:13Z PAUL VITTONE BIOMEDICAL SCI TWR 203 LOTHROP ST No 119 PITTSBURGH PA 15213 7723236 0 X WWW.EYEANDEAR.ORG X 1983 PA ADVANCING ACADEMIC & RESEARCH EFFORTS OF OTOLARYNGOLOGY & OPHTHALMOLOGY DEPTS. AT UNIV. OF PITT. 13 10 0 13 -468 -1667 152506 246875 67620 0 -599588 -810471 0 -379462 -563596 1317123 2435010 0 0 0 152987 265347 288750 1582470 2723760 -1961932 -3287356 24075838 24309806 329917 281136 23745921 24028670 THE EYE & EAR FOUNDATION IS A 501(C)(3) SUPPORTING ORGANIZATION WITH THE MISSION OF ADVANCING THE LEADING-EDGE ACADEMIC AND RESEARCH EFFORTS OF THE DEPARTMENTS OF OTOLARYNGOLOGY AND OPHTHALMOLOGY AT THE UNIVERSITY OF PITTSBURGH WITH THE ULTIMATE GOAL OF ENHANCING PATIENT CARE. 0 0 2451687 2435010 0 GRANTS TO DEPARTMENT OF OTOLARYNGOLOGY AND DEPARTMENT OF OPHTHALMOLOGY OF UNIVERSITY OF PITTSBURGH'S SCHOOL OF MEDICINE AND RELATED PROGRAMS AT THE UNIVERSITY OF PITTSBURGH AND UPMC HEALTH SYSTEM TO CONSISTENTLY IMPROVE THE QUALITY OF SCIENTIFIC ENDEAVORS. IN ADDITION TO GRANT MAKING ACTIVITY, THE ORGANIZATION ENGAGES IN FUNDRAISING ACTIVITIES TO RAISE DOLLARS TO FUND INNOVATIVE RESEARCH IN THE FIELDS OF OPHTHALMOLOGY AND OTOLARYNGOLOGY. 2451687 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 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 4 0 0 0 0 0 0 0 0 0 0 0 13 10 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 PA X PAUL VITTONE 4123838756 203 LOTHROP STREET 119 PITTSBURGH PA 15213 DOUGLAS P DICK 0.50 X 0 0 0 JONAS T JOHNSON MD FACS 0.50 X 0 185596 5004 EUGENE N MYERS MD FACS FRCS 0.50 X 0 0 0 ALBERT C MUSE 0.50 X 0 0 0 B GORDON NELSON III 0.50 X 0 0 0 JOEL S SCHUMAN MD FACS 0.50 X 0 240503 10097 HUBERTA S SICILIANO 0.50 X 0 0 0 VIOLET SOFFER 0.50 X 0 0 0 PETER C BLASIER ESQ 0.50 X 0 0 0 ARTHUR S LEVINE MD 0.50 X 0 762397 91159 PAUL R VITTONE 0.50 X X 0 0 0 GEORGE A FECHTER 0.50 X X 0 0 0 CHARLES R BRODBECK ESQ 0.50 X X 0 0 0 LAWRENCE N GUMBERG 0.50 X X 0 0 0 0 1188496 106260 0 0 1 0 0 9910 236965 1000 246875 462818 -468 463286 7013543 8286832 -1273289 -1273289 -1273289 -563596 0 -468 -810003 2430010 2430010 5000 5000 22009 22009 21490 21490 69609 69609 3393 3393 1086 1086 959 30 929 3643 3643 4900 4900 500 500 EEF OPERATION EXPENSE 146570 146570 SCIENTIFIC ADVISORY COM 9288 9288 MISCELLANEOUS 2489 2489 BAD DEBT EXPENSE 2055 2055 EVENT COSTS 759 759 2723760 2451687 119086 152987 22697 92053 92499 171615 124997 62498 286860 73380 23548785 23910260 24075838 24309806 204917 156136 125000 125000 329917 281136 X 16196723 16808267 5709823 5218988 1839375 2001415 23745921 24028670 24075838 24309806 X 0 1 1 X 0 X X X 0 0 0 UNIVERSITY OF PGH 250965591 2 1 1 1 2430010 1 2430010 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1839375 194692 32652 2001415 2467831 -589608 38848 1839375 0.00000 1.00000 0.00000 0 0 0 LEVEL 3 INVESTMENTS 23910260 F 23910260 -563596 2723760 -3287356 3570105 3570105 282749 3006509 3570105 3570105 -563596 0 -563596 2723760 0 2723760 0 2723760 Part V, Line 4: Description of Intended Use of Endowment Funds: THE FOUNDATION'S ENDOWMENT CONSISTS OF DONOR-RESTRICTED INVESTMENT FUNDS ESTABLISHED FOR PERPETUAL SUPPORT TO THE DEPARTMENTS OF OTOLARYNGOLOGY AND OPHTHALMOLOGY AT THE UNIVERSITY OF PITTSBURGH. Part X: Description of Uncertain Tax Positions Under FIN 48: EFFECTIVE FOR THE YEAR ENDED JUNE 30, 2010, THE FOUNDATION IMPLEMENTED THE INCOME TAXES TOPIC OF THE ASC CLARIFYING THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THIS TOPIC PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PRINCIPLES FOR FINANCIAL STATEMENTS DISCLOSURE OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. THE FOUNDATION HAS ASSESSED THE TAX POSITIONS IT HAS TAKEN OR EXPECTS TO TAKE IN ITS TAX RETURNS. THE IMPLEMENTATION HAD NO IMPACT ON THE FINANCIAL STATEMENTS, AND NO LIABILITY HAS BEEN RECORDED FOR UNCERTAIN TAX POSITIONS. 1 UNIVERSITY OF PITTSBURGH 203 LOTHROP AVE PITTSBURGH PA 15213 250965591 501(C)(3) 2430010 GENERAL SUPPORT FOR ACADEMIC RESEARCH 1 0 MUSE PRIZE TO HONOR LEADERS IN FIELDS OF OPHTHALMOLOGY & OTOLARYNGOLOGY 1 5000 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: THE ALBERT C. MUSE PRIZE WAS ESTABLISHED IN 2001 BY THE EYE & EAR FOUNDATION OF PITTSBURGH TO HONOR WORLD LEADERS IN THE FIELDS OF OPHTHALMOLOGY AND OTOLARYNGOLOGY. THE EYE & EAR FOUNDATION'S MISSION IS TO SUPPORT THE DEPARTMENTS OF OPHTHALMOLOGY AND OTLARYNGOLOGY AT THE UNIVERSITY OF PITTSBURGH, ITS SCHOOL OF MEDICINE AND THE UNIVERSITY OF PITTSBURGH MEDICAL CENTER. THE MUSE PRIZE ALTERNATES ANNUALLY BETWEEN OPHTHALMOLOGY AND OTOLARYNGOLOGY, CARRIES A CASH AWARD OF $5,000, AND RECOGNIZES INDIVIDUALS WHO HAVE MADE SIGNIFICANT, PROGRESSIVE CONTRIBUTIONS TO SCIENCE AND MEDICINE IN THESE SPECIALTIES. ELGIBILITY: THE 2010 ALBERT C. MUSE PRIZE IN OPHTHALMOLOGY IS OPEN TO ALL INDIVIDUALS WHO HAVE MADE EXTRAORDINARY CONTRIBUTIONS TO OPHTHALMOLOGY. THERE IS NO GEOGRAPHICAL RESTRICTION ON CANDIDATES. EACH NOMINATION WILL BE REVIEWED BY A SELECT PANEL OF JUDGES INCLUDING OPHTHALMOLOGISTS FROM THE UPMC DEPARTMENT OF OPHTHALMOLOGY, A NATIONAL LEADER IN OPHTHALMOLOGY RESEARCH AND CLINICAL INNOVATION. 0 0 0 0 0 0 0 0 0 JONAS T JOHNSON MD FACS 0 184996 0 0 0 600 0 0 0 5004 0 190600 0 0 JOEL S SCHUMAN MD FACS 0 239903 0 0 0 600 0 0 0 10097 0 250600 0 0 ARTHUR S LEVINE MD 0 698680 0 0 0 63717 0 29400 0 61759 0 853556 0 0 Form 990, Part VI, Section A, line 2 ARTHUR S. LEVINE, M.D., JOEL S. SCHUMAN, M.D. AND JONAS T. JOHNSON, M.D.- BUSINESS RELATIONSHIP Form 990, Part VI, Section A, line 7a ACCORDING TO THE 1997 AGREEMENT WITH THE UNIVERSITY OF PITTSBURGH: NOTWITHSTANDING AND IN ADDITION TO ANY RIGHTS OF THE UNIVERSITY TO APPOINT OR DESIGNATE MEMBERS TO THE EYE AND EAR FOUNDATION'S BOARD UNDER OTHER AGREEMENTS OR ARRANGEMENTS WITH EYE AND EAR FOUNDATION (EEF) AND/OR EEF'S ARTICLES OF INCORPORATION, THE UNIVERSITY OF PITTSBURGH SHALL BE ENTITLED HEREUNDER TO DESIGNATE ONE INDIVIDUAL TO BE ELECTED TO SERVE AS A VOTING MEMBER OF THE BOARD, AND TO REQUEST THE REMOVAL OR REPLACEMENT OF SUCH BOARD MEMBER SHALL BE MADE IN WRITING BY THE UNIVERSITY'S SENIOR VICE CHANCELLOR FOR HEALTH SCIENCES (OR THE SUCCESSOR TO SUCH OFFICE) AND THE BOARD OF EEF SHALL EFFECT SUCH ELECTION OR REMOVAL PROMPTLY AFTER RECEIPT OF SAME. Form 990, Part VI, Section B, line 11 THE FORM 990 IS REVIEWED BY THE BOARD PRESIDENT AND CHAIR OF THE FINANCE COMMITTEE. A COMPLETE COPY OF FORM 990 IS PROVIDED TO THE FULL BOARD PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Section B, line 12c THE CONFLICT OF INTEREST POLICY IS REVIEWED AT THE ANNUAL MEETING AT WHICH TIME DIRECTORS ARE REQUESTED TO UPDATE THEIR ANNUAL CONFLICT DISCLOSURES AND ACKNOWLEDGE THEIR COMPLIANCE WITH THE POLICY. Form 990, Part VI, Section C, line 19 ALL DOCUMENTATION IS AVAILABLE UPON REQUEST. FORM 990, PART VII JOSEPH F. NOVAK, MD IS A DIRECTOR EMERITUS OF THE ORGANIZATION WITH NO VOTING RIGHTS. FORM 990, PART XI, QUESTION 2 OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT: THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. IN ADDITION, THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND ITS SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART VI, SECTION B, LINES 13 AND 14 EMPLOYEES OF THE UNIVERSITY OF PITTSBURGH PERFORM RECORDKEEPING AND ADMINISTRATIVE SERVICES FOR ITS SUPPORTING ORGANIZATION, EYE AND EAR FOUNDATION. THE SERVICES ARE PERFORMED IN ACCORDANCE WITH INTERNAL POLICIES AND PROCEDURES THAT GOVERN ALL OPERATIONAL ACTIVITIES OF THE UNIVERSITY OF PITTSBURGH. ACCORDINGLY, THE OPERATIONAL ACTIVITIES OF EYE AND EAR FOUNDATION ARE GOVERNED BY THE WHISTLEBLOWER AND DOCUMENT RETENTION AND DESTRUCTION POLICIES OF THE UNIVERSITY OF PITTSBURGH. FORM 990, PART VI, SECTION B, LINE 15: EYE AND EAR FOUNDATION DOES NOT COMPENSATE ANY INDIVIDUALS FOR BOARD OR EMPLOYMENT SERVICES. FORM 990 REQUIRES EYE AND EAR FOUNDATION TO DISCLOSE COMPENSATION PAID BY ITS SUPPORTED ORGANIZATION, UNIVERSITY OF PITTSBURGH, FOR SERVICES THE INDIVIDUALS PROVIDE TO THE UNIVERSITY OF PITTSBURGH. COMPENSATION IS AWARDED BY THE UNIVERSITY OF PITTSBURGH PURSUANT TO A PROCESS THAT SATISFIES THE REQUIREMENTS OF THE INTERMEDIATE SANCTIONS REGULATIONS. SCHOOL OF MEDICINE OF THE UNIVERSITY OF PITTSBURGH 116 ATWOOD STREET SUITE 201 PITTSBURGH PA 15260 250965591 INSTRUCTION, RESEARCH, PUBLIC SERVICE, ACADEMIC SUPPORT PA 501(C)(3) 170(B) (1)(A)(II) N/A 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0