2026-05-15T10:41:32-05:00 2025-06-30 393647910 WIPFLI ADVISORY LLC 1502 LONDON ROAD SUITE 200 DULUTH MN 55812 990 2024-07-01 430768182 AMERICAN ACADEMY OF OPTOMETRY FOUNDATION INC AMER 3213194870 925 S SEMORAN BLVD 120 WINTER PARK FL 32792 TRISH SHOMION CHIEF EXECUTIVE OFFICER 3213194870 2026-05-14 1 1 MICHAEL J PETERSON CPA P01833529 2187224705 2026-05-14 2024 2025-03-06 01:10:19Z TRISH SHOMION 925 S SEMORAN BLVD 120 WINTER PARK FL 32792 4232129 0 X WWW.AAOPT.ORG/ABOUT-US/FOUNDATION/ X 1947 NY TO DEVELOP AND PROVIDE FINANCIAL SUPPORT FOR OPTOMETRIC RESEARCH AND EDUCATION. 11 11 0 24 0 0 1501929 2845781 0 0 341359 596462 0 0 1843288 3442243 861250 751000 0 0 293464 160661 0 0 104413 283663 237702 1438377 1149363 404911 2292880 10951028 13244822 672201 288917 10278827 12955905 TO DEVELOP AND PROVIDE FINANCIAL SUPPORT FOR OPTOMETRIC RESEARCH AND EDUCATION. 0 0 902857 751000 0 THE AMERICAN ACADEMY OF OPTOMETRY FOUNDATION, INC. (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 ACADEMY NEWSLETTER, AND WEBSITE. 902857 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 0 1 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 1 125 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AL AR CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC OR PA RI SC TN UT VA WV WI X RICHARD JONES 3213194870 925 S SEMORAN BLVD SUITE 120 WINTER PARK FL 32792 VALERIE SHARPE PRESIDENT 5.00 X X 0 0 0 LORETTA SZCZOTKA-FLYNN PRESIDENT-ELECT 5.00 X X 0 0 0 KERRY GIEDD SECRETARY/TREASURER 5.00 X X 0 0 0 RACHEL COULTER IMMEDIATE PAST PRES. 5.00 X X 0 0 0 WENDY HARRISON IMMEDIATE PAST PRES. (THRU 10/24) 5.00 X X 0 0 0 SHERRY DAY BOARD MEMBER 5.00 X 0 0 0 APRIL JASPER BOARD MEMBER 5.00 X 0 0 0 EVAN KAPLAN BOARD MEMBER 5.00 X 0 0 0 A MIKA MOY BOARD MEMBER 5.00 X 0 0 0 DAVE SATTLER BOARD MEMBER (THRU 10/24) 5.00 X 0 0 0 LINDSAY SICKS BOARD MEMBER 5.00 X 0 0 0 DANNE VENTURA BOARD MEMBER 5.00 X 0 0 0 PHILLIP YUHAS BOARD MEMBER 5.00 X 0 0 0 TRISH SHOMION CHIEF EXECUTIVE OFFICER 15.00 25.00 X 0 253930 27582 RICHARD JONES CHIEF FINANCIAL OFFICER 14.00 26.00 X 0 185107 27463 0 439037 55045 0 0 1 0 0 2700 2843081 2845781 365147 365147 1021201 789886 231315 231315 231315 3442243 0 0 596462 490000 490000 196500 196500 64500 64500 126292 70333 21250 34709 34369 19140 5783 9446 10902 10902 22439 22439 38306 38306 12036 4938 1250 5848 3651 2034 614 1003 40655 39127 580 948 18527 17180 1347 68894 11319 6463 51112 BAD DEBT EXPENSE 17326 17326 SPEAKERS 4621 4621 345 345 1149363 902857 142093 104413 841027 2412445 275140 0 712308 886276 9975 4125 8986482 9941976 126096 0 10951028 13244822 57376 26800 3750 253750 611075 8367 672201 288917 X 2309506 2618531 7969321 10337374 10278827 12955905 10951028 13244822 2292880 384198 0 X 0 1 X 1 0 X 1021037 1094842 1513320 1501929 2845781 7976909 1021037 1094842 1513320 1501929 2845781 7976909 5059425 2917484 265464 372320 218628 292337 365147 1513896 9490805 0.30740 0.35780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 601632 24497 9375 616754 576498 30059 4925 601632 558213 23785 5500 576498 609917 38204 13500 558213 565460 57207 12750 609917 0.48701 0.34287 0.17012 0 0 0 DUE TO AAOF 8367 8367 X 4095596 384198 307461 691659 3403937 38306 38306 3442243 1418518 307461 307461 1111057 38306 38306 1149363 PART V, LINE 4: THE FOUNDATION HAS MANY SEPARATE FUNDS, SOME OF WHICH ARE ENDOWED. ALL FUNDS ARE ESTABLISHED FOR DIRECT FINANCIAL SUPPORT (AWARDS, GRANTS, AND ASSISTANCE) TOWARDS RESEARCH AND EDUCATION. PART X, LINE 2: MANAGEMENT HAS REVIEWED TAX POSITIONS TAKEN IN FILINGS WITH FEDERAL AND STATE JURISDICTIONS AND BELIEVES THOSE POSITIONS WOULD BE SUSTAINED SHOULD THE FILINGS BE EXAMINED BY THE RELEVANT TAXING AUTHORITY. OPEN PERIODS SUBJECT TO AUDIT FOR FEDERAL PURPOSES ARE GENERALLY THE PREVIOUS THREE YEARS OF TAX RETURNS FILED. MANAGEMENT DOES NOT BELIEVE THERE ARE ANY UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2025 AND 2024. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING 10250 NORTH AMERICA 0 0 GRANTMAKING 25750 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING 25500 SUB-SAHARAN AFRICA 0 0 GRANTMAKING 3000 0 0 0 0 0 0 64500 0 64500 CANADA FELLOWSHIP AWARD 11000 WIRE 0 0 1 FELLOWSHIP AWARDS EUROPE (INCLUDING ICELAND & GREENLAND) 3 10250 WIRE FELLOWSHIP AWARDS NORTH AMERICA 10 25750 WIRE FELLOWSHIP AWARDS EAST ASIA AND THE PACIFIC 12 25500 WIRE FELLOWSHIP AWARDS SUB-SAHARAN AFRICA 2 3000 WIRE 0 0 0 0 0 0 PART I, LINE 2: RESEARCH GRANTS: GRANTS ARE ALWAYS AWARDED TO AN "OVERSEEING" INSTITUTION (USUALLY A COLLEGE, MEDICAL ORG, OR RESEARCH INSTITUTION) AND NOT DIRECTLY TO THE PERSON. ALSO, THE INSTITUTION MUST SIGN A CONTRACT AFFIRMING THEIR INTENT, AND THE INDIVIDUAL MUST PROVIDE POST-GRANT REPORTS UPON REQUEST. SCHOLARSHIPS/FELLOWSHIPS: THESE ARE ONLY AWARDED TO STUDENTS AT ELIGIBLE UNIVERSITIES, AND WE MAINTAIN RELATIONSHIPS WITH EACH OF THOSE UNIVERSITIES TO ENSURE COMPLIANCE. APPLICANTS MUST ALSO AGREE TO THE TERMS WHEN APPLYING. 1 UNIVERSITY OF ALABAMA AT BIRMINGHAM 1720 2ND AVENUE SOUTH - 801 FINANCIAL SERVICES BLDG BOX 16 BIRMINGHAM AL 35233 636005396 501(C)(3) 25000 0 EDUCATIONAL SCHOLARSHIP INDIANA UNIVERSITY SCHOOL OF OPTOMETRY ATTN KRISTY DUNLAP - 800 EAST ATWATER AVENUE BLOOMINGTON IN 47405 356002673 501(C)(3) 12500 0 EDUCATIONAL SCHOLARSHIP SUNY STATE COLLEGE OF OPTOMETRY NEW YORK ATTN ERIN ANGAROLA - 33 WEST 42ND STREET NEW YORK NY 10036 146013200 501(C)(3) 11000 0 EDUCATIONAL SCHOLARSHIP STANFORD UNIVERSITY 485 BROADWAY - MAIL CODE 8838 REDWOOD CITY CA 94063 941156365 501(C)(3) 10000 0 EDUCATIONAL SCHOLARSHIP UNIVERSITY OF CALIFORNIA - BERKELEY SCHOOL OF OPTOMETRY ATTN SANDHYA ANDREWS - 380 MINOR LANE BERKELEY CA 94720 940002123 501(C)(3) 10000 0 EDUCATIONAL SCHOLARSHIP THE OHIO STATE UNIVERSITY COLLEGE OF OPTOMETRY ATTN JENNIFER BENNETT ASSISTANT DEAN OF STUDENT SERVICES - 338 WEST COLUMBUS OH 43210 316025986 501(C)(3) 9500 0 EDUCATIONAL SCHOLARSHIP ILLINOIS COLLEGE OF OPTOMETRY ATTN RUBY DELGADO - 3241 S MICHIGAN AVE CHICAGO IL 60616 362310478 501(C)(3) 9000 0 EDUCATIONAL SCHOLARSHIP UNIVERSITY OF PIKEVILLE 147 SYCAMORE STREET PIKEVILLE KY 41501 610444788 501(C)(3) 9000 0 EDUCATIONAL SCHOLARSHIP NEW ENGLAND COLLEGE OF OPTOMETRY ATTN ESTHER BANDOO-GOMES - 424 BEACON STREET BOSTON MA 02115 041591060 501(C)(3) 8250 0 EDUCATIONAL SCHOLARSHIP MARSHALL B KETCHUM UNIVERSITY ATTN JOAN RUBIO - 2575 YORBA LINDA BLVD FULLERTON CA 92831 951644593 501(C)(3) 8000 0 EDUCATIONAL SCHOLARSHIP MASSACHUSETTS COLLEGE OF PHARMACY AND HEALTH SCIENCES 10 LINCOLN SQUARE WORCHESTER MA 01608 042104700 501(C)(3) 8000 0 EDUCATIONAL SCHOLARSHIP MICHIGAN COLLEGE OF OPTOMETRY 1124 SOUTH STATE STREET BIG RAPIDS MI 49307 386005159 501(C)(3) 8000 0 EDUCATIONAL SCHOLARSHIP MIDWESTERN UNIVERSITY ARIZONA COLLEGE OF OPTOMETRY ATTN GRACE LIAO - 5865 W UTOPIA ROAD GLENDALE AZ 85308 363377698 501(C)(3) 8000 0 EDUCATIONAL SCHOLARSHIP NORTHEASTERN STATE UNIVERSITY ATTN MINDY LATTY - 1001 NORTH GRAND AVENUE TAHLEQUAH OK 74464 911898417 501(C)(3) 8000 0 EDUCATIONAL SCHOLARSHIP NOVA SOUTHEASTERN COLLEGE OF OPTOMETRY 3300 S UNIVERSITY DRIVE - TERRY BUILDING 1402 FORT LAUDERDALE FL 33328 591083502 501(C)(3) 8000 0 EDUCATIONAL SCHOLARSHIP PACIFIC UNIVERSITY - COLLEGE OF OPTOMETRY 2043 COLLEGE WAY FOREST GROVE OR 97116 930386892 501(C)(3) 8000 0 EDUCATIONAL SCHOLARSHIP SOUTHERN COLLEGE OF OPTOMETRY ATTN LAUREN TROWBRIDGE - 1245 MADISON AVENUE MEMPHIS TN 38104 620548917 501(C)(3) 8000 0 EDUCATIONAL SCHOLARSHIP UNIVERSITY OF ALABAMA - BIRMINGHAM SCHOOL OF OPTOMETRY ATTN CANDICE TURNER - 1716 UNIVERSITY BOULEVARD HPB - 520 BIRMINGHAM AL 35124 636005396 501(C)(3) 8000 0 EDUCATIONAL SCHOLARSHIP UNIVERSITY OF MISSOURI - STLOUIS COLLEGE OF OPTOMETRY ONE UNIVERSITY BOULEVARD - OPTOMETRY 331MH ST LOUIS MO 63121 436003859 501(C)(3) 8000 0 EDUCATIONAL SCHOLARSHIP CHICAGO COLLEGE OF OPTOMETRY AT MIDWESTERN UNIVERSITY 555 31ST STREET - WHITE OAK HALL SUITE 306-K DOWNERS GROVE IL 60515 363377698 501(C)(3) 7000 0 EDUCATIONAL SCHOLARSHIP PENNSYLVANIA COLLEGE OF OPTOMETRY AT SALUS UNIVERSITY 8360 OLD YORK ROAD ELKINS PARK PA 19027 231413680 501(C)(3) 7000 0 EDUCATIONAL SCHOLARSHIP UNIVERSITY OF HOUSTON COLLEGE OF OPTOMETRY ATTN SCHOLARSHIPS FINANCIAL AID ACCOUNTING TEAM - PO BOX 1426 HOUSTON TX 772511426 746001399 501(C)(3) 7000 0 EDUCATIONAL SCHOLARSHIP INTER AMERICAN UNIVERSITY OF PUERTO RICO SCHOOL OF OPTOMETRY ATTN DR IRIS CABELLO RIVAS STUDENT SERVICES OFFICE - 500 JOHN WILL HAR BAYAMON PR 009576257 660177776 501(C)(3) 6500 0 EDUCATIONAL SCHOLARSHIP UNIVERSITY OF THE INCARNATE WORD ATTN ASHLEIGH YATES - 9725 DATAPOINT DRIVE SAN ANTONIO TX 78209 741109661 501(C)(3) 6500 0 EDUCATIONAL SCHOLARSHIP WESTERN UNIVERSITY OF HEALTH SCIENCES ATTN LORI REES - 701 E SECOND STREET POMONA CA 91766 953127273 501(C)(3) 6500 0 EDUCATIONAL SCHOLARSHIP 25 0 TRAVEL FELLOWSHIP 111 84000 COLLEGE FELLOWSHIP 19 110000 ACHIEVEMENT AWARD 1 2500 PART I, LINE 2: RESEARCH GRANTS: GRANTS ARE ALWAYS AWARDED TO AN "OVERSEEING" INSTITUTION (USUALLY A COLLEGE, MEDICAL ORG, OR RESEARCH INSTITUTION) AND NOT DIRECTLY TO THE PERSON. ALSO, THE INSTITUTION MUST SIGN A CONTRACT AFFIRMING THEIR INTENT, AND THE INDIVIDUAL MUST PROVIDE POST-GRANT REPORTS UPON REQUEST. SCHOLARSHIPS/FELLOWSHIPS: THESE ARE ONLY AWARDED TO STUDENTS AT ELIGIBLE UNIVERSITIES, AND WE MAINTAIN RELATIONSHIPS WITH EACH OF THOSE UNIVERSITIES TO ENSURE COMPLIANCE. APPLICANTS MUST ALSO AGREE TO THE TERMS WHEN APPLYING. TRAVEL AWARDS: TRAVEL AWARDS ARE ONLY DISTRIBUTED AFTER THE TRAVEL HAS OCCURRED. FOR EXAMPLE, OUR ANNUAL MEETING TRAVEL AWARDS ARE PAID AFTER THE MEETING ONCE ATTENDANCE HAS BEEN CONFIRMED. 0 0 0 0 0 0 0 0 0 TRISH SHOMION CHIEF EXECUTIVE OFFICER 0 253930 0 0 0 0 0 15296 0 12286 0 281512 0 0 RICHARD JONES CHIEF FINANCIAL OFFICER 0 185107 0 0 0 0 0 14820 0 12643 0 212570 0 0 PART I, LINE 3 THE CHIEF EXECUTIVE OFFICER'S COMPENSATION IS DETERMINED BY THE AMERICAN CONDUCTED ANNUALLY USING A 360-DEGREE EVALUATION BY STAFF, COMMITTEES AND RECOMMENDATION TO THE BOARD, TAKING INTO ACCOUNT A REVIEW OF COMPARABLE THE MANAGEMENT COMMITTEE'S RECOMMENDATION. THE DECISION APPROVAL IS ACADEMY OF OPTOMETRY, A RELATED ORGANIZATION. A PERFORMANCE EVALUATION IS SECTION OFFICERS, AS WELL AS THE BOARD. THE MANAGEMENT COMMITTEE MAKES A SALARIES PROVIDED IN SALARY SURVEYS OF NOT-FOR-PROFITS. THE BOARD REVIEWS DOCUMENTED IN THE MINUTES AND IN THE CHIEF EXECUTIVE OFFICER CONTRACT. THIS PROCESS LAST OCCURRED IN 2025. FORM 990, PART VI, SECTION A, LINE 7A THE AMERICAN ACADEMY OF OPTOMETRY BOARD OF DIRECTORS APPOINTS THE FOUNDATION BOARD MEMBERS FOR TWO-YEAR TERMS AND DESIGNATES A MEMBER OF ITS BOARD OF DIRECTORS AS LIAISON TO THE FOUNDATION BOARD. FORM 990, PART VI, SECTION B, LINE 11B 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 FOUNDATION FOLLOWS THE CONFLICT OF INTEREST POLICY OF THE AMERICAN ACADEMY OF OPTOMETRY. WHEN ANY INTEREST ON THE PART OF THE BOARD OF DIRECTORS MEMBER, COMMITTEE MEMBER OR SECTION OFFICER, OR THE EXECUTIVE DIRECTOR, OR OTHER STAFF MEMBER, OR A MEMBER OF THEIR IMMEDIATE FAMILY, POSES A CONFLICT OR AN APPEARANCE OF A CONFLICT WITH THE INDIVIDUAL'S AAO RESPONSIBILITIES, THE BOARD MEMBER, COMMITTEE MEMBER OR SECTION OFFICER, OR EXECUTIVE DIRECTOR WILL: PROMPTLY CALL THE CONFLICT OR APPEARANCE OF THE CONFLICT TO THE ATTENTION OF THE BOARD MEMBERS WHO ARE PARTICIPATING IN OR VOTING ON THE ISSUE WITH POSES THE POSSIBLE CONFLICT AND ABSTAIN FROM PARTICIPATION IN OR VOTING ON THE ISSUE. THE OFFICIAL MINUTES OF ANY MEETING AT WHICH A DISCLOSURE OF CONFLICT WAS MADE WILL NOTE THAT FACT AND THAT THE BOARD MEMBER, COMMITTEE OR SECTION OFFICER, OR EXECUTIVE DIRECTOR ABSTAINED FROM ANY PARTICIPATION IN THE ISSUE. EACH MEMBER OF THE BOARD OF DOCTORS, COMMITTEE MEMBER AND SECTION OFFICERS, AND THE ACADEMY STAFF WILL COMPLETE AND RETURN A CONFIDENTIAL "CONFLICT OF INTEREST DISCLOSURE FORM" TO THE ACADEMY OFFICE ANNUALLY, WHERE IT WAS MAINTAINED IN A CONFIDENTIAL FILE AVAILABLE FOR REVIEW ONLY IF A CHALLENGE IS RAISED. FORM 990, PART VI, SECTION B, LINE 15 KEY EMPLOYEE SALARY IS DETERMINED BY THE AMERICAN ACADEMY OF OPTOMETRY, A RELATED ORGANIZATION. A PERFORMANCE EVALUATION IS CONDUCTED ANNUALLY WITH THE CHIEF EXECUTIVE OFFICER. THE CHIEF EXECUTIVE OFFICER THEN MAKES A SALARY DETERMINATION, TAKING INTO ACCOUNT EMPLOYEE PERFORMANCE AND RELEVANT MARKET DATA. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. AMERICAN ACADEMY OF OPTOMETRY 925 S SEMORAN BLVD SUITE 120 WINTER PARK FL 32792 411227642 OPTOMETRIC RESEARCH & SUPPORT DC 501(C)(3) LINE 10 N/A 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0