Form 990 for tax year 2024
Filed by AMERICAN ACADEMY OF ALLERGY ASTHMA & IMMUNOLOGY FOUNDATION INC.
What the amendment changed
Compared with the return it replaced , filed 4 November 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) 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.
Those are the same on the two returns, so the amendment changed something else.
Totals
- Total revenue
- $3,119,040
- Total expenses
- $1,632,696
- Contributions and grants received
- $477,064
- Grants paid
- $1,400,000
- Program service revenue
- $435,000
- Investment income
- $2,052,412
- Other revenue
- $154,564
- Total assets, end of year
- $23,802,413
- Total liabilities, end of year
- $1,957,081
- Net assets or fund balances, end of year
- $21,845,332
- Program services expenses (Part IX)
- $1,562,367
- Management and general expenses
- $70,329
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,562,367
Program services were 95.7% 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.
-
1c · Fundraising events
$53,700
-
1f · All other contributions, gifts and grants
$423,364
-
1g · Noncash contributions included above
$118,320
-
2a · Program service revenue: SPONSORSHIPS
total $435,000 · related or exempt $435,000
-
3 · Investment income
total $992,569 · excluded $992,569
-
7a · Gross sales of assets other than inventory
securities $4,160,365
-
7b · Less cost or other basis and sales expenses
securities $3,100,522
-
7c · Gain or loss
securities $1,059,843
-
7d · Net gain or loss
total $1,059,843 · excluded $1,059,843
-
8a · Fundraising events: gross income
$466,175
-
8a · Fundraising events: contributions included on line 1c
$53,700
-
8b · Fundraising events: direct expenses
$311,611
-
8c · Net income from fundraising events
total $154,564 · excluded $154,564
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,400,000 · program services $1,400,000
-
11a · Fees: management
total $134,671 · program services $94,270 · management and general $40,401
-
11b · Fees: legal
total $470 · program services $470
-
11c · Fees: accounting
total $25 · management and general $25
-
11f · Fees: investment management
total $29,903 · management and general $29,903
-
11g · Fees: other
total $9,913 · program services $9,913
-
12 · Advertising and promotion
total $9,364 · program services $9,364
-
13 · Office expenses
total $26,418 · program services $26,418
-
14 · Information technology
total $7,872 · program services $7,872
-
17 · Travel
total $693 · program services $693
-
19 · Conferences, conventions and meetings
total $10,687 · program services $10,687
-
24a · Other expenses: LECTURESHIP
total $1,210 · program services $1,210
-
24b · Other expenses: MISCELLANEOUS
total $1,094 · program services $1,094
-
24c · Other expenses: PLAQUES AND MEDALS
total $376 · program services $376
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $709,839 · end of year $352,161
-
4 · Accounts receivable
beginning of year $32,824 · end of year $99,416
-
9 · Prepaid expenses and deferred charges
beginning of year $18,739 · end of year $3,278
-
11 · Investments: publicly traded securities
beginning of year $21,127,283 · end of year $23,347,558
-
15 · Other assets
beginning of year $15,072 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $1,490 · end of year $4,749
-
18 · Grants payable
beginning of year $1,240,000 · end of year $1,620,000
-
19 · Deferred revenue
beginning of year $357,975 · end of year $212,905
-
25 · Other liabilities
beginning of year $0 · end of year $119,427
-
27 · Net assets without donor restrictions
beginning of year $20,304,292 · end of year $21,845,332
Mission and programs · 2024
Mission
SEE SCHEDULE O.
Activities or mission (Part I)
TO FIND TREATMENTS AND CURES FOR THE MILLIONS OF PEOPLE SUFFERING FROM ALLERGIES, ASTHMA AND OTHER IMMUNOLOGIC DISEASES BY SUPPORTING EDUCATION AND RESEARCH.
-
THE FOUNDATION FUNDS FOUR FACULTY DEVELOPMENT AWARDS ANNUALLY. THESE RESEARCH AWARDS SUPPORT THE RESEARCH EFFORTS OF JUNIOR FACULTY MEMBERS IN THE FIELD OF ALLERGY/IMMUNOLOGY TO LEAD TO THE PREVENTION AND CURE OF ASTHMA AND ALLERGIC AND IMMUNOLOGIC DISEASE.
Expenses $1,562,367 · Grants $1,400,000 · Revenue $435,000
As filed on the 2024 return.
Listed in Part VII
-
Jonathan A Bernstein MDJONATHAN A BERNSTEIN MD
IMMEDIATE PAST PRESIDENT
- Total calculated
- $18,333
- From this org
- $0
- From related orgs
- $18,333
- Other
- $0
- Hours/week
- 2 + 15 related
-
Paul V Williams MDPAUL V WILLIAMS MD
PRESIDENT
- Total calculated
- $91,667
- From this org
- $0
- From related orgs
- $91,667
- Other
- $0
- Hours/week
- 2 + 5 related
-
Marcus Shaker MDMARCUS SHAKER MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Cem Akin MD PhDCEM AKIN MD PHD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Priya J Bansal MDPRIYA J BANSAL MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Denise A Diprimio-Kalman DoDENISE A DIPRIMIO-KALMAN DO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Anna H Nowak-Wegrzyn MD PhDANNA H NOWAK-WEGRZYN MD PHD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Carla M Davis MDCARLA M DAVIS MD
SECRETARY-TREASURER
- Total calculated
- $6,000
- From this org
- $0
- From related orgs
- $6,000
- Other
- $0
- Hours/week
- 2 + 5 related
-
Wanda Phipatanakul MDWANDA PHIPATANAKUL MD
DIRECTOR
- Total calculated
- $3,825
- From this org
- $0
- From related orgs
- $3,825
- Other
- $0
- Hours/week
- 2 + 2 related
-
Thanai Pongdee MDTHANAI PONGDEE MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Frank Virant MDFRANK VIRANT MD
PRESIDENT-ELECT
- Total calculated
- $0
- Hours/week
- 2 + 5 related
-
Anil Nanda MDANIL NANDA MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Rebecca Scherzer MDREBECCA SCHERZER MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Jordan Scott Orange MDJORDAN SCOTT ORANGE MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Thomas A Fleisher MDTHOMAS A FLEISHER MD
EXECUTIVE VICE-PRESIDENT
- Total calculated
- $0
- Hours/week
- 2 + 20 related
-
Anju T Peters MDANJU T PETERS MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Leonard B Bacharier MDLEONARD B BACHARIER MD
DIRECTOR (TERM END 2/24)
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Allison Ramsey MDALLISON RAMSEY MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Stuart L Abramson MD PhDSTUART L ABRAMSON MD PHD
DIRECTOR (TERM END 2/24)
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Tamara T Perry MDTAMARA T PERRY MD
DIRECTOR (TERM END 2/24)
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
David A Khan MDDAVID A KHAN MD
IMMEDIATE PAST PRESIDENT (TERM END 2/24)
- Total calculated
- $0
- Hours/week
- 2 + 2 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
-
FACULTY DEVELOPMENT AWARD
-
$300,000
2024 AAAAI FOUNDATION FACULTY DEVELOPMENT AWARD
-
VANDERBILT UNIVERSITY MEDICAL CENTER
$300,000
2024 AAAAI FOUNDATION FACULTY DEVELOPMENT AWARD
-
$300,000
2024 AAAAI FOUNDATION FACULTY DEVELOPMENT AWARD
-
2024 AAAAI FOUNDATION AWARD TO SUSTAIN RESEARCH EXCELLENCE
-
$100,000
2024 AAAAI FOUNDATION AWARD TO SUSTAIN RESEARCH EXCELLENCE
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.
-
AMERICAN ACADEMY OF ALLERGY ASTHMA & IMMUNOLOGY
501(C)(3) · EDUCATION · WI
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503219349306625
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