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Nonprofiteer
← AMERICAN ASSOCIATION FOR THE STUDY OF LIVER DISEASES FOUNDATION

Form 990 for tax year 2024

Filed by AMERICAN ASSOCIATION FOR THE STUDY OF LIVER DISEASES FOUNDATION.

Totals

Total revenue
$4,672,711
Total expenses
$3,354,407
Contributions and grants received
$4,023,387
Grants paid
$1,581,555
Program service revenue
$0
Investment income
$649,324
Other revenue
$0
Total assets, end of year
$41,697,950
Total liabilities, end of year
$3,054,740
Net assets or fund balances, end of year
$38,643,210
Program services expenses (Part IX)
$2,530,362
Management and general expenses
$531,919
Fundraising expenses
$292,126
Program service expenses (Part III)
$2,530,362

Program services were 75.4% 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.

  • 1d · Related organizations

    $1,208,397

  • 1f · All other contributions, gifts and grants

    $2,814,990

  • 3 · Investment income

    total $523,816 · excluded $523,816

  • 7a · Gross sales of assets other than inventory

    securities $9,408,254

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

    securities $9,282,746

  • 7c · Gain or loss

    securities $125,508

  • 7d · Net gain or loss

    total $125,508 · excluded $125,508

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,581,555 · program services $1,581,555

  • 5 · Compensation of officers, directors and key employees

    total $301,705 · program services $139,726 · management and general $161,979

  • 7 · Other salaries and wages

    total $197,225 · program services $120,749 · management and general $6,115 · fundraising $70,361

  • 8 · Pension plan contributions

    total $61,431 · program services $35,010 · management and general $12,349 · fundraising $14,072

  • 9 · Other employee benefits

    total $218,426 · program services $119,043 · management and general $64,202 · fundraising $35,181

  • 10 · Payroll taxes

    total $134,786 · program services $73,152 · management and general $40,526 · fundraising $21,108

  • 11b · Fees: legal

    total $13,948 · program services $3,709 · management and general $6,503 · fundraising $3,736

  • 11c · Fees: accounting

    total $26,988 · management and general $26,988

  • 11f · Fees: investment management

    total $50,571 · management and general $50,571

  • 11g · Fees: other

    total $153,947 · program services $48,116 · management and general $57,370 · fundraising $48,461

  • 12 · Advertising and promotion

    total $61,902 · program services $34,108 · management and general $1,905 · fundraising $25,889

  • 13 · Office expenses

    total $32,475 · program services $16,621 · management and general $13,852 · fundraising $2,002

  • 14 · Information technology

    total $92,817 · program services $57,516 · management and general $22,219 · fundraising $13,082

  • 16 · Occupancy

    total $96,239 · program services $51,938 · management and general $28,684 · fundraising $15,617

  • 17 · Travel

    total $63,309 · program services $47,382 · management and general $14,301 · fundraising $1,626

  • 19 · Conferences, conventions and meetings

    total $192,192 · program services $129,649 · management and general $22,360 · fundraising $40,183

  • 22 · Depreciation, depletion and amortization

    total $4,614 · program services $2,490 · management and general $1,375 · fundraising $749

  • 24a · Other expenses: MEMBERSHIP DUES

    total $51,369 · program services $51,215 · management and general $154

  • 24b · Other expenses: SPONSORSHIP EXPENSES

    total $17,472 · program services $17,472

  • 24c · Other expenses: OTHER EXPENSES

    total $1,436 · program services $911 · management and general $466 · fundraising $59

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $575,965 · end of year $1,212,847

  • 2 · Savings and temporary cash investments

    beginning of year $735,598 · end of year $160,835

  • 3 · Pledges and grants receivable

    beginning of year $22,299,424 · end of year $18,512,095

  • 4 · Accounts receivable

    beginning of year $110,000 · end of year $25,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $14,400 · end of year $12,447

  • 11 · Investments: publicly traded securities

    beginning of year $15,598,905 · end of year $21,774,726

  • 15 · Other assets

    beginning of year $184,990 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $68,064 · end of year $115,144

  • 18 · Grants payable

    beginning of year $3,528,046 · end of year $2,912,903

  • 19 · Deferred revenue

    beginning of year $50,000

  • 25 · Other liabilities

    beginning of year $0 · end of year $26,693

  • 27 · Net assets without donor restrictions

    beginning of year $11,292,263 · end of year $12,369,713

  • 28 · Net assets with donor restrictions

    beginning of year $24,580,909 · end of year $26,273,497

Mission and programs · 2024

Mission

TO INVEST IN INNOVATIVE HEPATOLOGY RESEARCH AND IN THE PEOPLE WHO STUDY AND TREAT LIVER DISEASE.

Activities or mission (Part I)

SEE PART III, LINE 1

  • GRANTS AND AWARDSTHE AASLD FOUNDATION RAISES FUNDS TO SUPPORT THE NEXT GENERATION OF REESARCHERS AND CLINICIAL EXPERTISE IN THE FIELD OF HEPATOLOGY. SPECIFICALLY, THE FOUNDATION FOCUSES ON PROGRAMS THAT PROVIDE FUNDING TO SUPPORT CAREERS IN BASIC AND CLINICAL RESEARCH, WORKFORCE DEVELOPMENT PROGRAMS AND OPPORTUNITIES FOR EARLY-CAREER PROFESSIONALS TO ENGAGE WITH THE COMMUNITY:1. RESEARCH GRANTS: FUNDING INSTITUTIONS TO ADVANCE LIVER DISEASE RESEARCH.2. CLINICAL TRAINING AWARDS: SUPPORTING ADVANCED TRAINING FOR HEPATOLOGY FELLOWS, NURSE PRACTITIONERS, AND PHYSICIAN ASSISTANTS.3. WORKFORCE DEVELOPMENT PROGRAMS: PROGRAMS DEVELOPED TO SUPPORT AND MENTOR THOSE PURSUING CAREERS IN HEPATOLOGY RESEARCH AND CLINICAL PRACTICE. 4. ABSTRACT AWARDS: ENABLING EARLY CAREER INVESTIGATORS TO PRESENT PROMISING RESEARCH AT PREMIER HEPATOLOGY SCIENTIFIC MEETINGS, FOSTERING THE NEXT GENERATION OF LEADERS.

    Expenses $2,018,819 · Grants $1,581,555

  • LIVER LEADER COUNCILTHE LIVER LEADER COUNCIL (LLC) IS A DYNAMIC CORPORATE PARTNERSHIP PROGRAM THAT ENGAGES INDUSTRY LEADERS THROUGH EXCLUSIVE BENEFITS, DISCOUNTS, AND STRATEGIC SUMMITS. HELD BIANNUALLY IN CONJUNCTION WITH DIGESTIVE DISEASE WEEK AND THE LIVER MEETING, LLC SUMMITS UNITE INDUSTRY, MEMBER-EXPERTS, REGULATORS, AND PATIENT ADVOCATES TO ADDRESS EMERGING CHALLENGES AND OPPORTUNITIES IN LIVER DISEASE, FOSTERING COLLABORATION AND INNOVATION.

    Expenses $273,227

  • EMERGING LIVER SCHOLARSTHE EMERGING LIVER SCHOLARS (ELS) PROGRAM, A JOINT INITIATIVE WITH AASLD, INSPIRES MEDICAL, SURGICAL, AND PEDIATRIC RESIDENTS WITH POTENTIAL FOR ACADEMIC MEDICINE TO PURSUE HEPATOLOGY. BY PROVIDING MENTORSHIP AND EXPOSURE TO CUTTING-EDGE RESEARCH, THE ELS PROGRAM INVESTS IN THE FUTURE OF HEPATOLOGY, CULTIVATING PASSIONATE AND SKILLED PROFESSIONALS.

    Expenses $133,579

  • PUBLIC AWARENESSTHE AASLD FOUNDATION RAISES AWARENESS OF LIVER DISEASE THROUGH ITS WEBSITE AND BY EXHIBITING AT KEY MEETINGS AND CONVENTIONS. BY DISTRIBUTING EDUCATIONAL RESOURCES, THE FOUNDATION EMPOWERS THE PUBLIC AND PROFESSIONALS TO BETTER UNDERSTAND AND ADDRESS LIVER HEALTH CHALLENGES.

    Expenses $104,737

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Kimberly Ann Brown

    CHAIR

    Total calculated
    $15,000
    From this org
    $15,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • Saul J Karpen

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    5 + 5 related

  • Tamar H Taddei

    TREASURER

    Total calculated
    $30,000
    From this org
    $0
    From related orgs
    $30,000
    Other
    $0
    Hours/week
    5 + 5 related

  • David E Bernstein

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • Jennifer Lai

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • Michael Lucey

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5 + 5 related

  • Rotonya M Carr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5 + 5 related

  • Matthew D'Uva

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $746,906
    From this org
    $0
    From related orgs
    $637,833
    Other
    $109,073
    Hours/week
    7 + 43 related

    Schedule J breakdown matched by us

    Base
    $0 + $546,933 related
    Bonus
    $0 + $90,900 related
    Other
    $0
    Deferred
    $0 + $79,737 related
    Nontaxable benefits
    $0 + $29,336 related
    Filer's total
    $0 + $746,906 related

  • Julie Deal End 013125

    EXECUTIVE DIRECTOR

    Total calculated
    $308,628
    From this org
    $0
    From related orgs
    $287,813
    Other
    $20,815
    Hours/week
    25 + 21 related

    Schedule J breakdown matched by us

    Base
    $0 + $287,813 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $14,460 related
    Nontaxable benefits
    $0 + $6,355 related
    Filer's total
    $0 + $308,628 related

  • Mukarab Islam

    VP, FINANCE AND ADMINISTRATION

    Total calculated
    $232,239
    From this org
    $0
    From related orgs
    $196,100
    Other
    $36,139
    Hours/week
    0.4 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $186,227 related
    Bonus
    $0 + $9,873 related
    Other
    $0
    Deferred
    $0 + $21,357 related
    Nontaxable benefits
    $0 + $14,782 related
    Filer's total
    $0 + $232,239 related

  • Marjorie Bynum

    CHIEF OF STAFF

    Total calculated
    $293,316
    From this org
    $0
    From related orgs
    $254,953
    Other
    $38,363
    Hours/week
    2.5 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $243,142 related
    Bonus
    $0 + $11,811 related
    Other
    $0
    Deferred
    $0 + $25,795 related
    Nontaxable benefits
    $0 + $12,568 related
    Filer's total
    $0 + $293,316 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
AASLD FOUNDATION RELIES ON A RELATED ORGANIZATION, AASLD, TO DETERMINE COMPENSATION. AASLD USES THE FOLLOWING TO ESTABLISH COMPENSATION: - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - COMPENSATION SURVEY AND STUDY - APPROVAL BY THE GOVERNING 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

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
2024
Filed
17 March 2026
IRS schema version
2024v5.5
Source object
202600769349300415

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

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