Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $841,244

• 3 · Investment income

  total $600,774 · excluded $600,774

• 7a · Gross sales of assets other than inventory

  securities $7,197,033

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

  securities $6,805,421

• 7c · Gain or loss

  securities $391,612

• 7d · Net gain or loss

  total $391,612 · excluded $391,612

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $1,041,250 · program services $1,041,250

• 7 · Other salaries and wages

  total $46,293 · program services $21,901 · management and general $10,941 · fundraising $13,451

• 8 · Pension plan contributions

  total $2,986 · program services $1,413 · management and general $603 · fundraising $970

• 9 · Other employee benefits

  total $10,886 · program services $5,149 · management and general $2,199 · fundraising $3,538

• 10 · Payroll taxes

  total $4,937 · program services $2,336 · management and general $997 · fundraising $1,604

• 11b · Fees: legal

  total $418 · management and general $418

• 11c · Fees: accounting

  total $5,854 · management and general $5,854

• 11f · Fees: investment management

  total $87,555 · management and general $87,555

• 11g · Fees: other

  total $24,416 · program services $8,950 · fundraising $15,466

• 13 · Office expenses

  total $30,876 · program services $10,922 · management and general $738 · fundraising $19,216

• 14 · Information technology

  total $18,355 · program services $10,467 · management and general $4,509 · fundraising $3,379

• 16 · Occupancy

  total $4,858 · management and general $4,858

• 17 · Travel

  total $31,354 · program services $24,307 · management and general $7,047

• 19 · Conferences, conventions and meetings

  total $37,386 · program services $4,432 · management and general $969 · fundraising $31,985

• 22 · Depreciation, depletion and amortization

  total $763 · management and general $763

• 23 · Insurance

  total $1,649 · management and general $1,649

• 24a · Other expenses: State registrations

  total $11,730 · fundraising $11,730

• 24b · Other expenses: Taxes and licenses

  total $959 · management and general $959

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $387,436 · end of year $246,792

• 2 · Savings and temporary cash investments

  beginning of year $259,084 · end of year $391,325

• 3 · Pledges and grants receivable

  beginning of year $47,066 · end of year $225,000

• 9 · Prepaid expenses and deferred charges

  beginning of year $17,015 · end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $22,116,659 · end of year $24,151,470

• 15 · Other assets

  beginning of year $86,483 · end of year $133,550

• 17 · Accounts payable and accrued expenses

  beginning of year $470,160 · end of year $4,264

• 18 · Grants payable

  beginning of year $192,500 · end of year $442,500

• 19 · Deferred revenue

  beginning of year $50,000 · end of year $0

• 25 · Other liabilities

  beginning of year $0 · end of year $663,418

• 27 · Net assets without donor restrictions

  beginning of year $20,656,982 · end of year $22,391,302

• 28 · Net assets with donor restrictions

  beginning of year $1,544,101 · end of year $1,646,653

The filer's explanations (Part III)

Part I, Line 3

The Foundation does not directly hire or compensate employees. All employees are employees of the American Society of Transplant Surgeons, a related organization. The cost of the Society's officer and highly compensated employees are allocated under the terms of a cost sharing agreement. The Society's methods for establishing compensation of the top management officials include: Compensation committee Form 990 of other organizations Compensation survey or study Approval by the board or compensation committee