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← AMERICARES FOUNDATION INC

Form 990 for tax year 2022

Filed by AMERICARES FOUNDATION INC.

What the amendment changed

Compared with the return it replaced , filed 23 April 2024. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Both are the same on the two returns, so the amendment changed something else.

Totals

Total revenue
$1,560,789,806
Total expenses
$1,512,856,382
Contributions and grants received
$1,558,728,826
Grants paid
$1,418,749,740
Program services expenses (Part IX)
$1,481,556,668
Management and general expenses
$13,340,911
Fundraising expenses
$17,958,803
Program service expenses (Part III)
$1,481,556,668

Program services were 97.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • CHRISTINE SQUIRES

    PRESIDENT/CEO

    Total calculated
    $611,776
    From this org
    $550,579
    From related orgs
    $0
    Other
    $61,197
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $500,579
    Bonus
    $50,000
    Other
    $0
    Deferred
    $20,665
    Nontaxable benefits
    $40,532
    Filer's total
    $611,776

  • SUSAN GROSSMAN

    CHAIR OF THE BOARD

    Total calculated
    $0
    Hours/week
    1

  • JEFFREY T BECKER

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • PERCIVAL BARRETTO-KO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ROBERT M BAYLIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TIM BOSEK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KATHERINE CLOSE MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ROBERTA CONROY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ELIZABETH F FRANK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • STEPHEN GALLUCCI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TONY GOLDWYN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ERICA HILL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SAMHITA A PJAYANTI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • FRANCINE KATSOUDAS

    DIRECTOR (THRU 03/2023)

    Total calculated
    $0
    Hours/week
    1

  • MEHDI MAHMUD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ALAN RWAMBUYA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • STEPHEN SADOVE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SARAH SAINT-AMAND

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL ULLMANN

    DIRECTOR, SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • NADJA WEST

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KENNEDY ODEDE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • WALTER WEIL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MICHELLE A WILLIAMS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MARTI NOXON

    DIRECTOR (AS OF 05/2023)

    Total calculated
    $0
    Hours/week
    1

  • RICHARD K TROWBRIDGE JR

    CFO, TREASURER, SVP, GIK OPERATIONS

    Total calculated
    $352,399
    From this org
    $293,317
    From related orgs
    $0
    Other
    $59,082
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $293,317
    Bonus
    $0
    Other
    $0
    Deferred
    $18,550
    Nontaxable benefits
    $40,532
    Filer's total
    $352,399

  • JED SELKOWITZ

    SVP & CH. MKTG. OFF. (THRU 08/2022)

    Total calculated
    $292,767
    From this org
    $280,588
    From related orgs
    $0
    Other
    $12,179
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $203,433
    Bonus
    $0
    Other
    $77,155
    Deferred
    $12,179
    Nontaxable benefits
    $0
    Filer's total
    $292,767

  • JENNY GOLDSTEIN

    SVP & CHIEF DEVELOPMENT OFFICER

    Total calculated
    $343,341
    From this org
    $285,394
    From related orgs
    $0
    Other
    $57,947
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $285,394
    Bonus
    $0
    Other
    $0
    Deferred
    $17,480
    Nontaxable benefits
    $40,467
    Filer's total
    $343,341

  • MEGIN WOLFMAN

    SVP, STRATEGY & COS

    Total calculated
    $302,558
    From this org
    $247,070
    From related orgs
    $0
    Other
    $55,488
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $247,070
    Bonus
    $0
    Other
    $0
    Deferred
    $14,955
    Nontaxable benefits
    $40,533
    Filer's total
    $302,558

  • M RASHAD MASSOUD MDMPHFACP

    SENIOR VP, CPO (THRU 08/2022)

    Total calculated
    $307,473
    From this org
    $292,820
    From related orgs
    $0
    Other
    $14,653
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $239,775
    Bonus
    $0
    Other
    $53,045
    Deferred
    $14,653
    Nontaxable benefits
    $0
    Filer's total
    $307,473

  • MONICA BARBER

    GENERAL COUNSEL (AS OF 05/2023)

    Total calculated
    $0
    Hours/week
    40

  • GABRIELA SALVADOR MD MPH

    SVP, GL OPERATIONS (THRU 08/2022)

    Total calculated
    $245,323
    From this org
    $234,536
    From related orgs
    $0
    Other
    $10,787
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $177,489
    Bonus
    $0
    Other
    $57,047
    Deferred
    $10,787
    Nontaxable benefits
    $0
    Filer's total
    $245,323

  • ELANA LOPEZ

    CHIEF PEOPLE OFFICER

    Total calculated
    $353,982
    From this org
    $295,363
    From related orgs
    $0
    Other
    $58,619
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $295,363
    Bonus
    $0
    Other
    $0
    Deferred
    $18,087
    Nontaxable benefits
    $40,532
    Filer's total
    $353,982

  • MATT MOSNER

    GEN. COUNS. (THRU 12/2022)

    Total calculated
    $287,015
    From this org
    $243,100
    From related orgs
    $0
    Other
    $43,915
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $243,100
    Bonus
    $0
    Other
    $0
    Deferred
    $14,599
    Nontaxable benefits
    $29,316
    Filer's total
    $287,015

  • JULIE VARUGHESE

    CHIEF MEDICAL OFFICER

    Total calculated
    $249,452
    From this org
    $236,937
    From related orgs
    $0
    Other
    $12,515
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $236,617
    Bonus
    $320
    Other
    $0
    Deferred
    $11,536
    Nontaxable benefits
    $979
    Filer's total
    $249,452

  • JENNIFER M NAUMANN

    ASSISTANT SECRETARY

    Total calculated
    $111,627
    From this org
    $86,088
    From related orgs
    $0
    Other
    $25,539
    Hours/week
    40

  • VISHESH JAIN

    DEPUTY SVP, IT AND FACILITIES

    Total calculated
    $250,845
    From this org
    $237,143
    From related orgs
    $0
    Other
    $13,702
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $237,143
    Bonus
    $0
    Other
    $0
    Deferred
    $12,733
    Nontaxable benefits
    $969
    Filer's total
    $250,845

  • JOAN LITTLEFIELD

    DEPUTY SR VP, GLOBAL PROGRAMS

    Total calculated
    $256,101
    From this org
    $216,987
    From related orgs
    $0
    Other
    $39,114
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $216,667
    Bonus
    $320
    Other
    $0
    Deferred
    $13,086
    Nontaxable benefits
    $26,028
    Filer's total
    $256,101

  • YAEL GOTTLIEB

    DEPUTY SR VP, INDIVI. PHILANTHROPY

    Total calculated
    $253,858
    From this org
    $206,852
    From related orgs
    $0
    Other
    $47,006
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $199,852
    Bonus
    $7,000
    Other
    $0
    Deferred
    $6,539
    Nontaxable benefits
    $40,467
    Filer's total
    $253,858

  • LYNEISHA VAUGH-PEREZ

    VP, FINANCE, PLANNING & GRANTS

    Total calculated
    $204,203
    From this org
    $191,157
    From related orgs
    $0
    Other
    $13,046
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $190,837
    Bonus
    $320
    Other
    $0
    Deferred
    $11,536
    Nontaxable benefits
    $1,510
    Filer's total
    $204,203

  • DONNA LUCAS

    VP, MARKETING AND COMMUNICATIONS

    Total calculated
    $239,173
    From this org
    $187,365
    From related orgs
    $0
    Other
    $51,808
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $187,045
    Bonus
    $320
    Other
    $0
    Deferred
    $11,341
    Nontaxable benefits
    $40,467
    Filer's total
    $239,173

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 — 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

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 7 · Other non-fixed payments

Answered no

  • 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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4A
THE FOLLOWING OFFICERS RECEIVED SEVERANCE PAYMENTS IN CALENDAR YEAR 2022: M. RASHAD MASSOUD MD,MPH,FACP, SENIOR VP, CPO - $53,045 JED SELKOWITZ, SVP & CHIEF MARKETING OFFICER - $77,155 GABRIELA SALVADOR MD, MPH, SVP, GL OPERATIONS - $57,047 THESE AMOUNTS ARE REPORTED IN SCHEDULE J, PART II, COLUMN (B)(III).
SCHEDULE J, PART I, LINE 7
THE PRESIDENT AND CEO IS ENTITLED TO AN ANNUAL BONUS PURSUANT TO HER EMPLOYMENT CONTRACT AT THE DISCRETION OF THE COMPENSATION COMMITTEE OF THE FOUNDATION'S BOARD OF DIRECTORS. THE COMPENSATION COMMITTEE CONVENES EACH YEAR TO DETERMINE IF THE PRESIDENT HAS EXCEEDED CERTAIN PERFORMANCE-BASED CRITERIA, AND IF SHE HAS, THEY WILL AUTHORIZE A BONUS. IN CALENDAR YEAR 2022, THE PRESIDENT RECEIVED A $50,000 DISCRETIONARY BONUS. THE FOUNDATION HAS A BONUS POLICY IN PLACE THAT PERMITS BONUSES TO OTHER EMPLOYEES BASED ON CERTAIN FACTORS: RELOCATION BONUSES, SIGN-ON BONUSES, RETENTION BONUSES AND PERFORMANCE BONUSES. IN CALENDAR YEAR 2022, THE FOUNDATION ISSUED A FEW SMALL BONUSES TO THREE INDIVIDUALS REPORTED ON THE FORM 990, SCHEDULE J. THE AMERICARES STAFF ARE THE MAIN DRIVER OF ALL OF OUR WORK IN THE WORLD AND, AS SUCH, WE STRIVE TO RECOGNIZE THEIR CONTRIBUTIONS CONSISTENTLY IN WAYS THAT ARE COMPETITIVE, EQUITABLE AND TRANSPARENT, AS LAID OUT IN OUR COMPENSATION PHILOSOPHY. THERE ARE A SMALL NUMBER OF CIRCUMSTANCES IN WHICH WE MAY NEED TO GO ABOVE AND BEYOND THIS BASE COMPENSATION IN ORDER TO RECOGNIZE THE NEEDS AND EFFORTS OF OUR STAFF. THIS POLICY OUTLINES THE CIRCUMSTANCES IN WHICH BONUS PAY WILL BE CONSIDERED. HOWEVER, IT IS IMPORTANT TO NOTE THAT, AS A NON-PROFIT ORGANIZATION, AMERICARES ALSO TAKES OUR RESPONSIBILITY TO DONORS AND FUNDERS VERY SERIOUSLY. AS SUCH, WE CONSIDER BONUS PAY TO BE A VERY RARE OCCURRENCE, ONLY EMPLOYED WHEN THERE IS CLEAR NEED.

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

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.

  • AMERICARES FREE CLINICS INC

    501(C)(3) · HEALTH CARE · CT · controlled entity

  • AMERICARES FOUNDATION TANZANIA

    RELIEF/AID · TZ · controlled entity

    Directly controlled by AMERICARES

  • AMERICARES LIMITED

    RELIEF/AID · MI · controlled entity

    Directly controlled by AMERICARES

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2024
IRS schema version
2022v5.0
Source object
202441369349302809

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

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