Form 990 for tax year 2022
Filed by AMERICAN VETERINARY MEDICAL FOUNDATION.
Totals
- Total revenue
- $3,576,713
- Total expenses
- $2,398,349
- Contributions and grants received
- $2,953,106
- Grants paid
- $1,896,539
- Program service revenue
- $0
- Investment income
- $623,607
- Other revenue
- $0
- Total assets, end of year
- $9,539,753
- Total liabilities, end of year
- $270,456
- Net assets or fund balances, end of year
- $9,269,297
- Program services expenses (Part IX)
- $2,135,381
- Management and general expenses
- $207,840
- Fundraising expenses
- $55,128
- Program service expenses (Part III)
- $2,135,381
Program services were 89.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$130,000
-
1f · All other contributions, gifts and grants
$2,823,106
-
3 · Investment income
total $121,222 · excluded $121,222
-
7a · Gross sales of assets other than inventory
securities $2,033,022
-
7b · Less cost or other basis and sales expenses
securities $1,530,637
-
7c · Gain or loss
securities $502,385
-
7d · Net gain or loss
total $502,385 · excluded $502,385
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,269,170 · program services $1,269,170
-
2 · Grants to domestic individuals
total $449,048 · program services $449,048
-
3 · Grants to foreign organizations and individuals
total $178,321 · program services $178,321
-
11b · Fees: legal
total $183 · management and general $183
-
11c · Fees: accounting
total $23,000 · management and general $23,000
-
11f · Fees: investment management
total $26,763 · program services $10,974 · management and general $15,789
-
11g · Fees: other
total $233,256 · program services $141,404 · management and general $90,253 · fundraising $1,599
-
12 · Advertising and promotion
total $3,044 · fundraising $3,044
-
13 · Office expenses
total $102,308 · program services $4,599 · management and general $47,224 · fundraising $50,485
-
14 · Information technology
total $79,987 · program services $72,165 · management and general $7,822
-
16 · Occupancy
total $1,688 · management and general $1,688
-
17 · Travel
total $21,541 · management and general $21,541
-
24a · Other expenses: BAD DEBT
total $10,000 · program services $9,700 · management and general $300
-
24b · Other expenses: CONTINUING EDUCATION
total $40 · management and general $40
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,204,692 · end of year $3,188,562
-
2 · Savings and temporary cash investments
beginning of year $228,697 · end of year $221,306
-
3 · Pledges and grants receivable
beginning of year $1,113,664 · end of year $929,956
-
8 · Inventories for sale or use
beginning of year $4,400 · end of year $4,400
-
9 · Prepaid expenses and deferred charges
beginning of year $10,562 · end of year $24,290
-
10a · Land, buildings and equipment: cost or other basis
$23,787
-
10b · Land, buildings and equipment: accumulated depreciation
$23,787
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $6,053,926 · end of year $5,007,940
-
15 · Other assets
beginning of year $151,949 · end of year $163,299
-
17 · Accounts payable and accrued expenses
beginning of year $38,087 · end of year $270,456
-
27 · Net assets without donor restrictions
beginning of year $3,159,166 · end of year $3,024,195
-
28 · Net assets with donor restrictions
beginning of year $6,570,637 · end of year $6,245,102
Mission and programs · 2022
Mission
THE FOUNDATION DEVELOPS RESOURCES TO ADVANCE THE SCIENCE AND PRACTICE OF VETERINARY MEDICINE TO IMPROVE ANIMAL AND HUMAN HEALTH. DONATIONS HELP SUPPORT CARE FOR ANIMALS IN NEED, VETERINARY STUDENT SCHOLARSHIPS, RESEARCH, AND COMMUNITY SERVICE ACTIVITIES.
Activities or mission (Part I)
HELPING VETERINARIANS, HELP ANIMALS BY SUPPORTING THE ADVANCEMENT OF THE SCIENCE AND PRACTICE OF VETERINARY MEDICINE TO IMPROVE ANIMAL AND HUMAN HEALTH.
-
DISASTER RELIEF - THROUGH DISASTER REIMBURSEMENT GRANTS, THE AVMF PROVIDES FUNDS TO VETERINARIANS AND OTHER ALLIED HEALTH ORGANIZATIONS THAT HELP BEFORE, DURING, AND AFTER DISASTERS WITH THE TRANSPORT, SHELTER, AND MEDICAL TREATMENT OF ANIMAL VICTIMS. DISASTERS INCLUDE HURRICANES, FLOODS, FIRES, TORNADOES, EARTHQUAKES, AND OTHER EXTREME WEATHER CONDITIONS THAT PUT ANIMALS IN NEED OF EMERGENCY CARE. THROUGH DISASTER RELIEF GRANTS, THE AVMF PROVIDES FUNDS TO VETERINARIANS AND VETERINARY STUDENTS WHO NEED EMERGENCY RELIEF TO HELP WITH THE COSTS OF HOUSING, FOOD, TRANSPORTATION, AND CLOTHING IMMEDIATELY FOLLOWING A DISASTER.
Expenses $569,418 · Grants $550,118
-
ANIMAL WELFARE - THROUGH THE AVMF VETERINARY CARE CHARITABLE FUND PROGRAM, VETERINARIANS HAVE A SIMPLE AND EFFECTIVE WAY TO OFFER CHARITABLE VETERINARY SERVICES TO CLIENTS FACING PERSONAL HARDSHIPS AS WELL AS A MEANS TO SUPPORT INJURED, ABUSED, OR ABANDONED ANIMALS. USING DONATIONS TO THE FUND, VETERINARY HOSPITALS CAN OFFER LOW OR NO-COST SERVICES TO CLIENTS WHO MIGHT OTHERWISE BE FORCED TO SURRENDER OR EUTHANIZE THEIR BELOVED PETS. VETERINARY PRACTICES IN ALL 50 STATES, PUERTO RICO AND GUAM PARTICIPATE IN THE PROGRAM.LED BY THE AVMA AND THE AMERICAN ANIMAL HOSPITAL ASSOCIATION, PARTNERS FOR HEALTHY PETS PROVIDES TOOLS AND RESOURCES THAT HELP COMMUNICATE THE VALUE AND BENEFIT OF PREVENTIVE CARE.
Expenses $549,993 · Grants $378,125
-
EDUCATION - AVMF PROVIDES SCHOLARSHIPS TO OUTSTANDING VETERINARY STUDENTS TO ENSURE THAT FUTURE VETERINARIANS HAVE THE SKILLS AND TRAINING NECESSARY TO TREAT OUR PETS, SAFEGUARD OUR FOOD SUPPLY AND PROTECT PUBLIC HEALTH. THE FOUNDATION PROVIDED 12 DIFFERENT SCHOLARSHIPS TO 171 STUDENTS IN 2022.THROUGH THE ALL FOR STUDENTS PROGRAM, STUDENT CHAPTERS OF THE AVMA USE THIS FUNDING TO PROVIDE PROGRAMMING IN FOUR KEY AREAS: DIVERSITY, EQUITY, AND INCLUSION; WELLBEING; PROFESSIONAL DEVELOPMENT; AND COMMUNITY OUTREACH. IN 2022, STUDENTS MANAGED A TOTAL OF 562 EVENTS FOR 37,319 PARTICIPANTS AT 40 COLLEGES OF VETERINARY MEDICINE.
Expenses $922,070 · Grants $911,096
-
AVMF PROVIDES RESEARCH GRANTS AND AWARDS TO OUTSTANDING RESEARCHERS TO SUPPORT THEIR WORK TO HELP PREVENT, DIAGNOSE, AND TREAT ANIMAL DISEASES. IN ADDITION, AVMF SUPPORTS RESEARCH INTO NEW OR CURRENTLY APPROVED MEDICATIONS FOR COMBATING DISEASES AND CONDITIONS OF COMPANION AND FOOD ANIMALS AS WELL AS PROJECTS THAT ENSURE THE SAFETY OF FOOD PRODUCTS FROM TREATED LIVESTOCK.AVMF SUPPORTS THE NATIONAL VETERINARY SCHOLARS SYMPOSIUM. IN 2022, APPROXIMATELY 600 VETERINARY STUDENTS FROM ACROSS NORTH AMERICA AND EUROPE, AS WELL AS ANIMAL HEALTH RESEARCHERS AND LEADERS FROM MORE THAN 40 TOP VETERINARY SCHOOLS, CONVENED AT THE UNIVERSITY OF MINNESOTA.AVMA/AVMF 2ND OPPORTUNITY RESEARCH SCHOLARSHIP: THIS PROGRAM PROVIDES SUPPORT FOR STUDENTS WHO HAVE PREVIOUSLY CONDUCTED A SUMMER RESEARCH PROJECT AND ARE SEEKING TO GAIN A SECOND SUMMER OF RESEARCH EXPERIENCE.THE EARLY INVESTIGATOR AWARDS SUPPORT GRADUATE VETERINARIANS PURSUING ADVANCED RESEARCH TRAINING THROUGH DOCTORAL OR POST-DOCTORAL PROGRAMS.
Expenses $93,900 · Grants $57,200
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Douglas KrattDOUGLAS KRATT
CHAIR - PAST
- Total calculated
- $0
- Hours/week
- 5 + 20 related
-
Jose ArceJOSE ARCE
CHAIR - NEW
- Total calculated
- $94,475
- From this org
- $0
- From related orgs
- $94,475
- Other
- $0
- Hours/week
- 5 + 20 related
-
Douglas KrattDOUGLAS KRATT
DIRECTOR - NEW
- Total calculated
- $27,844
- From this org
- $0
- From related orgs
- $27,844
- Other
- $0
- Hours/week
- 5 + 20 related
-
Michael BaileyMICHAEL BAILEY
DIRECTOR
- Total calculated
- $10,415
- From this org
- $0
- From related orgs
- $10,415
- Other
- $0
- Hours/week
- 5 + 10 related
-
George BishopGEORGE BISHOP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Karen BradleyKAREN BRADLEY
DIRECTOR
- Total calculated
- $12,500
- From this org
- $0
- From related orgs
- $12,500
- Other
- $0
- Hours/week
- 5 + 10 related
-
Grace BransfordGRACE BRANSFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Mary ErgenMARY ERGEN
DIRECTOR
- Total calculated
- $10,000
- From this org
- $0
- From related orgs
- $10,000
- Other
- $0
- Hours/week
- 5 + 10 related
-
Sandra FaehSANDRA FAEH
DIRECTOR
- Total calculated
- $25,512
- From this org
- $0
- From related orgs
- $25,512
- Other
- $0
- Hours/week
- 5 + 20 related
-
Ronald GillRONALD GILL
DIRECTOR
- Total calculated
- $20,027
- From this org
- $0
- From related orgs
- $20,027
- Other
- $0
- Hours/week
- 5 + 10 related
-
Arnold GoldmanARNOLD GOLDMAN
DIRECTOR
- Total calculated
- $20,140
- From this org
- $0
- From related orgs
- $20,140
- Other
- $0
- Hours/week
- 5 + 15 related
-
Robert KnappROBERT KNAPP
DIRECTOR
- Total calculated
- $10,000
- From this org
- $0
- From related orgs
- $10,000
- Other
- $0
- Hours/week
- 5 + 10 related
-
Chuck LemmeCHUCK LEMME
DIRECTOR
- Total calculated
- $12,500
- From this org
- $0
- From related orgs
- $12,500
- Other
- $0
- Hours/week
- 5 + 10 related
-
Melanie MarsdenMELANIE MARSDEN
DIRECTOR
- Total calculated
- $10,441
- From this org
- $0
- From related orgs
- $10,441
- Other
- $0
- Hours/week
- 5 + 10 related
-
Seyedmehdi MobiniSEYEDMEHDI MOBINI
DIRECTOR
- Total calculated
- $10,456
- From this org
- $0
- From related orgs
- $10,456
- Other
- $0
- Hours/week
- 5 + 10 related
-
Lori TellerLORI TELLER
DIRECTOR
- Total calculated
- $137,331
- From this org
- $0
- From related orgs
- $137,331
- Other
- $0
- Hours/week
- 5 + 20 related
-
Sandy WillisSANDY WILLIS
DIRECTOR
- Total calculated
- $10,000
- From this org
- $0
- From related orgs
- $10,000
- Other
- $0
- Hours/week
- 5 + 10 related
-
Kimberly Littleton TopperKIMBERLY LITTLETON TOPPER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
John PennellJOHN PENNELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Jose ArceJOSE ARCE
DIRECTOR - PAST
- Total calculated
- $0
- Hours/week
- 5 + 20 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$135,000
DISASTER RELIEF
-
INTERNATIONAL FUND FOR ANIMAL WELFARE
$125,000
DISASTER RELIEF
-
$90,000
DISASTER RELIEF
-
MEDVET ASSOCIATES LLC
$43,738
DISASTER GRANT
-
ETHOS VETERINARY HEALTH LLC
$26,523
VCCF
-
DISASTER RELIEF
-
ORADELL ANIMAL HOSPITAL INC
$22,031
VCCF
-
TEXAS A&M UNIVERSITY
$20,000
DISASTER RELIEF
-
FAMILY PET CLINIC OF NEWBURG LLC
$18,863
VCCF
-
DEVONSHIRE VETERINARY CLINIC
$13,209
VCCF
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
AMERICAN VETERINARY MEDICAL ASSOCIATION
501(C)(6) · TO PROTECT AND PROMOTE PROFESSIONAL INTERESTS OF THE VETERINARIAN · IL
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 31 August 2023
- IRS schema version
- 2022v5.0
- Source object
- 202342439349301219
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.