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Nonprofiteer
← AMERICAN COLLEGE OF RADIOLOGY FOUNDATION

Form 990 for tax year 2024

Filed by AMERICAN COLLEGE OF RADIOLOGY FOUNDATION.

Totals

Total revenue
$1,158,615
Total expenses
$465,084
Contributions and grants received
$39,508
Grants paid
$429,793
Program service revenue
$0
Investment income
$1,119,107
Other revenue
$0
Total assets, end of year
$13,582,503
Total liabilities, end of year
$164,753
Net assets or fund balances, end of year
$13,417,750
Program services expenses (Part IX)
$429,793
Management and general expenses
$35,291
Fundraising expenses
$0
Program service expenses (Part III)
$429,793

Program services were 92.4% 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.

  • 1f · All other contributions, gifts and grants

    $39,508

  • 3 · Investment income

    total $447,434 · excluded $447,434

  • 7a · Gross sales of assets other than inventory

    securities $1,331,865 · other assets $1,561

  • 7b · Less cost or other basis and sales expenses

    securities $660,167 · other assets $1,586

  • 7c · Gain or loss

    securities $671,698 · other assets -$25

  • 7d · Net gain or loss

    total $671,673 · excluded $671,673

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $429,793 · program services $429,793

  • 11b · Fees: legal

    total $395 · management and general $395

  • 11c · Fees: accounting

    total $5,500 · management and general $5,500

  • 11f · Fees: investment management

    total $20,001 · management and general $20,001

  • 11g · Fees: other

    total $9,300 · management and general $9,300

  • 13 · Office expenses

    total $95 · management and general $95

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $1,921,490 · end of year $458,692

  • 11 · Investments: publicly traded securities

    beginning of year $12,093,655 · end of year $13,123,811

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,980 · end of year $18,374

  • 25 · Other liabilities

    beginning of year $1,612,199 · end of year $146,379

  • 27 · Net assets without donor restrictions

    beginning of year $11,877,790 · end of year $12,870,974

  • 28 · Net assets with donor restrictions

    beginning of year $514,176 · end of year $546,776

Mission and programs · 2024

Mission

THE MISSION OF THE ACR FOUNDATION IS TO ADVANCE THE PROFESSION AND PRACTICE OF RADIOLOGY TO BENEFIT PATIENTS WITH A SPECIFIC EMPHASIS ON HEALTH POLICY RESEARCH.

Activities or mission (Part I)

TO ADVANCE THE PROFESSION AND PRACTICE OF RADIOLOGY TO BENEFIT PATIENTS (CONTINUED ON SCHEDULE O) WITH A SPECIFIC EMPHASIS ON HEALTH POLICY RESEARCH.

  • ACR AWARDED AN ACR FUND FOR COLLABORATIVE RESEARCH IN IMAGING (FCRI) GRANT (THE "GRANT") FOR A PROJECT TITLED, EVALUATION OF MACHINE LEARNING ALGORITHMS FOR LUNG CANCER RISK AND ALL-CAUSE MORTALITY PREDICTION IN A NON-LUNG SCREENING COHORT.

    Expenses $401,203 · Grants $401,203

  • ACR PROVIDED SUPPORT FOR THE ADMINISTRATIVE COSTS OF ACRF.

    Expenses $28,590 · Grants $28,590

As filed on the 2024 return.

Listed in Part VII

  • Eric Rohren MD PhD Facr

    CHANCELLOR

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related
  • Andrew B Rosenkrantz MD Facr

    CHANCELLOR

    Total calculated
    $703
    From this org
    $0
    From related orgs
    $703
    Other
    $0
    Hours/week
    0.1 + 2.2 related
  • William Small Jr MD Facr

    CHANCELLOR (THRU 05/2025)

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related
  • Timothy L Swan MD Facr

    PRESIDENT

    Total calculated
    $856
    From this org
    $0
    From related orgs
    $856
    Other
    $0
    Hours/week
    0.1 + 2.2 related
  • Christoph Wald Facr MBA MD PhD

    VICE CHAIR

    Total calculated
    $1,079
    From this org
    $0
    From related orgs
    $1,079
    Other
    $0
    Hours/week
    0.1 + 2.2 related
  • Pamela Karen Woodard MD Facr

    PRESIDENT (THRU 05/2025)

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related
  • Dorothy I Bulas MD Facr

    CHANCELLOR

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related
  • Priscilla Jennings Slanetz MD MPH

    CHANCELLOR

    Total calculated
    $693
    From this org
    $0
    From related orgs
    $693
    Other
    $0
    Hours/week
    0.1 + 2.2 related
  • David C Mihal MD Yps

    CHANCELLOR

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related
  • Maxwell R Amurao PhD MBA Facr

    CHANCELLOR

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related
  • Adam E Flanders MD

    CHANCELLOR

    Total calculated
    $1,178
    From this org
    $0
    From related orgs
    $1,178
    Other
    $0
    Hours/week
    0.1 + 2.2 related
  • Christopher Edmund Comstock MD Facr

    CHANCELLOR

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related
  • Elizabeth A Ignacio MD Facr

    CHANCELLOR

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related
  • David C Beyer MD Facr

    CHANCELLOR (AS OF 06/2025)

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related
  • Michele H Johnson MD Facr

    CHANCELLOR (AS OF 06/2025)

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related
  • John-Paul King MD Car

    CHANCELLOR (AS OF 06/2025)

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related
  • Lauren P Nicola MD Facr

    CHANCELLOR (THRU 05/2025)

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related
  • Maitray D Patel MD Facr

    CHANCELLOR (AS OF 06/2025)

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related
  • Reginald F Munden MD DMD MBA Fac

    CHANCELLOR

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related
  • Join Luh MD Facr Ars

    CHANCELLOR

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related
  • Alan H Matsumoto MD Facr

    CHAIR

    Total calculated
    $4,566
    From this org
    $0
    From related orgs
    $4,566
    Other
    $0
    Hours/week
    0.5 + 14.5 related
  • Timothy Andrew Crummy MD Facr

    CHANCELLOR

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related
  • Kurt Schoppe MD

    COUNCIL SPEAKER

    Total calculated
    $1,250
    From this org
    $0
    From related orgs
    $1,250
    Other
    $0
    Hours/week
    0.1 + 2.2 related
  • Stamatia V Destounis MD Facr

    CHANCELLOR

    Total calculated
    $3,450
    From this org
    $0
    From related orgs
    $3,450
    Other
    $0
    Hours/week
    0.1 + 2.2 related
  • Richard Duszak Jr MD Facr

    CHANCELLOR

    Total calculated
    $1,202
    From this org
    $0
    From related orgs
    $1,202
    Other
    $0
    Hours/week
    0.1 + 2.2 related
  • Catherine J Everett MD MBA Facr

    VICE PRESIDENT (THRU 05/2025)

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related
  • Robert Jmin MD MBA Facr

    CHANCELLOR

    Total calculated
    $839
    From this org
    $0
    From related orgs
    $839
    Other
    $0
    Hours/week
    0.1 + 2.2 related
  • Arun Krishnaraj MD MPH Facr

    CHANCELLOR

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related
  • Eric Matthew Rubin MD Facr

    COUNCIL VICE SPEAKER

    Total calculated
    $980
    From this org
    $0
    From related orgs
    $980
    Other
    $0
    Hours/week
    0.1 + 2.2 related
  • Mark D Alson MD Facr

    CHANCELLOR

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related
  • Alison Harris MD Car

    CHANCELLOR (THRU 05/2025)

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related
  • John E Jordan MD Facr

    CHANCELLOR

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related
  • Amy Louise Kotsenas MD Facr

    SECRETARY TREASURER

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related
  • David B Larson MD MBA Facr

    CHANCELLOR

    Total calculated
    $500
    From this org
    $0
    From related orgs
    $500
    Other
    $0
    Hours/week
    0.1 + 2.2 related
  • Johnson Benjamin Lightfoote MD Facr

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related
  • Gregory Neal Nicola MD Facr

    CHANCELLOR

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related
  • William T Thorwarth MD

    CEO (THRU 09/2024)

    Total calculated
    $720,187
    From this org
    $0
    From related orgs
    $676,491
    Other
    $43,696
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $652,925 related
    Bonus
    $0 + $21,094 related
    Other
    $0 + $2,472 related
    Deferred
    $0 + $34,500 related
    Nontaxable benefits
    $0 + $9,196 related
    Filer's total
    $0 + $720,187 related
  • Diane Mullis

    CFO

    Total calculated
    $585,679
    From this org
    $0
    From related orgs
    $531,076
    Other
    $54,603
    Hours/week
    0.5 + 37 related

    Schedule J breakdown matched by us

    Base
    $0 + $508,915 related
    Bonus
    $0 + $18,604 related
    Other
    $0 + $3,557 related
    Deferred
    $0 + $34,500 related
    Nontaxable benefits
    $0 + $20,103 related
    Filer's total
    $0 + $585,679 related
  • Dana H Smetherman MD

    CEO (AS OF 07/2024)

    Total calculated
    $429,277
    From this org
    $0
    From related orgs
    $421,355
    Other
    $7,922
    Hours/week
    0.5 + 37 related

    Schedule J breakdown matched by us

    Base
    $0 + $374,672 related
    Bonus
    $0 + $225 related
    Other
    $0 + $46,458 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $7,922 related
    Filer's total
    $0 + $429,277 related
  • Thomas Hoffman

    EVP, GOVERN. AND MEMBER SERVICES, GC

    Total calculated
    $435,455
    From this org
    $0
    From related orgs
    $399,905
    Other
    $35,550
    Hours/week
    0.5 + 37 related

    Schedule J breakdown matched by us

    Base
    $0 + $390,913 related
    Bonus
    $0 + $5,708 related
    Other
    $0 + $3,284 related
    Deferred
    $0 + $34,500 related
    Nontaxable benefits
    $0 + $1,050 related
    Filer's total
    $0 + $435,455 related
  • William Shields

    GEN. COUNSEL/EVP MG&M (THRU 01/2024)

    Total calculated
    $107,735
    From this org
    $0
    From related orgs
    $103,605
    Other
    $4,130
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $103,141 related
    Bonus
    $0 + $50 related
    Other
    $0 + $414 related
    Deferred
    $0 + $4,130 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $107,735 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE ACR FOUNDATION, INC. RELIES ON THE ACR, INC., A RELATED ORGANIZATION TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO. THE ACR USES FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY, AND THE APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

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
2024
Filed
27 March 2026
IRS schema version
2024v5.5
Source object
202600869349301100

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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