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Nonprofiteer
← AMERICAN VETERINARY MEDICAL FOUNDATION

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 Kratt

    CHAIR - PAST

    Total calculated
    $0
    Hours/week
    5 + 20 related
  • Jose Arce

    CHAIR - NEW

    Total calculated
    $94,475
    From this org
    $0
    From related orgs
    $94,475
    Other
    $0
    Hours/week
    5 + 20 related
  • Douglas Kratt

    DIRECTOR - NEW

    Total calculated
    $27,844
    From this org
    $0
    From related orgs
    $27,844
    Other
    $0
    Hours/week
    5 + 20 related
  • Michael Bailey

    DIRECTOR

    Total calculated
    $10,415
    From this org
    $0
    From related orgs
    $10,415
    Other
    $0
    Hours/week
    5 + 10 related
  • George Bishop

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Karen Bradley

    DIRECTOR

    Total calculated
    $12,500
    From this org
    $0
    From related orgs
    $12,500
    Other
    $0
    Hours/week
    5 + 10 related
  • Grace Bransford

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Mary Ergen

    DIRECTOR

    Total calculated
    $10,000
    From this org
    $0
    From related orgs
    $10,000
    Other
    $0
    Hours/week
    5 + 10 related
  • Sandra Faeh

    DIRECTOR

    Total calculated
    $25,512
    From this org
    $0
    From related orgs
    $25,512
    Other
    $0
    Hours/week
    5 + 20 related
  • Ronald Gill

    DIRECTOR

    Total calculated
    $20,027
    From this org
    $0
    From related orgs
    $20,027
    Other
    $0
    Hours/week
    5 + 10 related
  • Arnold Goldman

    DIRECTOR

    Total calculated
    $20,140
    From this org
    $0
    From related orgs
    $20,140
    Other
    $0
    Hours/week
    5 + 15 related
  • Robert Knapp

    DIRECTOR

    Total calculated
    $10,000
    From this org
    $0
    From related orgs
    $10,000
    Other
    $0
    Hours/week
    5 + 10 related
  • Chuck Lemme

    DIRECTOR

    Total calculated
    $12,500
    From this org
    $0
    From related orgs
    $12,500
    Other
    $0
    Hours/week
    5 + 10 related
  • Melanie Marsden

    DIRECTOR

    Total calculated
    $10,441
    From this org
    $0
    From related orgs
    $10,441
    Other
    $0
    Hours/week
    5 + 10 related
  • Seyedmehdi Mobini

    DIRECTOR

    Total calculated
    $10,456
    From this org
    $0
    From related orgs
    $10,456
    Other
    $0
    Hours/week
    5 + 10 related
  • Lori Teller

    DIRECTOR

    Total calculated
    $137,331
    From this org
    $0
    From related orgs
    $137,331
    Other
    $0
    Hours/week
    5 + 20 related
  • Sandy Willis

    DIRECTOR

    Total calculated
    $10,000
    From this org
    $0
    From related orgs
    $10,000
    Other
    $0
    Hours/week
    5 + 10 related
  • Kimberly Littleton Topper

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • John Pennell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Jose 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

  • DISASTER RELIEF

  • INTERNATIONAL FUND FOR ANIMAL WELFARE

    $125,000

    DISASTER RELIEF

  • 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.

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.

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