2024-11-15T06:20:06-06:00 2023-12-31 521711839 COUNCILOR BUCHANAN & MITCHELL PC 7910 WOODMONT AVE STE 500 BETHESDA MD 20814 990 2023-01-01 521946008 ACVS FOUNDATION INC ACVS 3019160200 19785 CRYSTAL ROCK DRIVE 305 GERMANTOWN MD 20874 ANN T LOEW CHIEF EXECUTIVE OFFICER 3019160200 2024-11-14 1 0 DANIEL L WEAVER P01249346 3019860600 2024-11-14 2023 2024-10-15 13:58:12Z ACVS FOUNDATION INC ANN T LOEW 19785 CRYSTAL ROCK DRIVE 305 GERMANTOWN MD 20874 1645676 0 X WWW.ACVSFOUNDATION.ORG X 1996 MD THE MISSION OF THE ACVS FOUNDATION IS TO SUPPORT THE ADVANCEMENT OF SURGICAL CARE OF ALL ANIMALS. AS AN INDEPENDENTLY-CHARTERD NONPROFIT PHILANTHROPIC ORGANIZATION, THE ACVS FOUNDATION IS DEVOTED TO THE ADVANCEMENT OF SURGICAL CARE OF ALL ANIMALS THROUGH FUNDING OF EDUCATIONAL AND RESEARCH OPPORTUNITIES FOR VETERINARY SURGICAL RESIDENTS AND BOARD CERTIFIED VETERINARY SURGEONS. 10 10 0 248 0 0 652493 308789 0 0 234025 359546 -6594 -1291 879924 667044 114994 164478 0 0 0 0 0 0 3053 78413 82848 193407 247326 686517 419718 4934348 5366470 26088 15374 4908260 5351096 X THE MISSION OF THE ACVS FOUNDATION IS TO SUPPORT THE ADVANCEMENT OF SURGICAL CARE OF ALL ANIMALS. AS AN INDEPENDENTLY-CHARTERED NONPROFIT PHILANTHROPIC ORGANIZATION, THE ACVS FOUNDATION IS DEVOTED TO THE ADVANCEMENT OF SURGICAL CARE OF ALL ANIMALS THROUGH FUNDING OF EDUCATIONAL AND RESEARCH OPPORTUNITIES FOR VETERINARY SURGICAL RESIDENTS AND BOARD CERTIFIED VETERINARY SURGEONS. 0 0 164478 164478 RESEARCH GRANT PROGRAM - THE ACVS FOUNDATION RESEARCH GRANT PROGRAMS PROVIDE FUNDING FOR SURGICALLY RELATED CLINICAL AND BASIC RESEACH. 10000 CONTINUING EDUCATION SUPPORT PROGRAM - ACVS FOUNDATION PROVIDES SPONSORSHIPS TO SUPPORT AND CONGRATULATE FUTURE LEADERS IN VETERINARY SURGERY, SUCH AS OUTSTANDING SURGICAL RESIDENTS' AWARDS WHICH ENCOURAGES THE DEVELOPMENT OF CLINICALLY IMPORTANT RESEARCH AND THE DISSEMINATION OF THE RESULTS OF THESE INVESTIGATIONS, PARTICULARLY THOSE CONDUCTED BY SURGICAL RESIDENTS. 21867 NEW DIPLOMATE OUTREACH PROGRAM - ACVS FOUNDATION PROVIDES CERTIFICATIONS FOR ACVS DIPLOMATES ON PASSING THE PHASE I SURGICAL KNOWLEDGE EXAMINATION AND PHASE II SURGICAL COMPETENCY EXAMINATION. THE TOTAL NUMBER OF ACVS DIPLOMATES IS NOW ABOUT 2,005 WITH APPROXIMATELY 70% SMALL ANIMAL SURGEONS AND 30% LARGE ANIMAL SURGEONS. 196345 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 X THE ORGANIZATION 3019160200 19785 CRYSTAL ROCK DRIVE 305 GERMANTOWN MD 20874 RONALD M MCLAUGHLIN JR CHAIR 1.00 1.00 X X 0 0 0 JULIE D SMITH TREASURER 1.00 1.00 X X 0 0 0 DAVID G LEVINE REGENT 1.00 1.00 X 0 0 0 LAURENT P GUIOT REGENT 1.00 1.00 X 0 0 0 CHRISTOPHER R BYRON REGENT 1.00 1.00 X 0 0 0 CATRIONA M MACPHAIL REGENT 1.00 1.00 X 0 0 0 JAN HAWKINS PRESIDENT 1.00 1.00 X X 0 0 0 URSULA KROTSCHECK REGENT 1.00 1.00 X 0 0 0 ANNETTE MCCOY REGENT 1.00 1.00 X 0 0 0 BRYDEN J STANLEY PRESIDENT-ELECT 1.00 1.00 X X 0 0 0 ANN T LOEW CHIEF EXECUTIVE OFFICER 39.00 1.00 X 0 266114 12731 0 266114 12731 0 0 1 0 0 1650 156570 150569 308789 168595 168595 1165450 974499 190951 190951 190951 0 1650 4133 -4133 -4133 MISCELLANEOUS REVENUE 900099 2842 2842 2842 667044 2842 0 355413 133361 133361 7305 7305 23812 23812 176 176 11621 11621 32481 32481 182 182 1723 1723 NEW DIPLOMATE OUTREACH 21867 21867 CONTINUING EDUCATION SU 10000 10000 LEGACY PROGRAM 3053 3053 MISCELLANEOUS 1745 1745 247326 196345 47928 3053 288141 292633 11089 13772 1222 248 24877 24877 0 0 4380290 4879479 253606 180338 4934348 5366470 16807 8945 9281 6429 26088 15374 X 4863035 5305639 45225 45457 4908260 5351096 4934348 5366470 419718 23118 0 X X 0 1 X 1 0 X X X 1 AMERICAN COLLEGE OF VETERINARY SURGEONS 237143276 10 1 0 120206 1 0 120206 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24877 24877 0 0 DUE TO RELATED PARTY 6429 6429 X 782020 23118 120206 143324 638696 32481 -4133 28348 667044 339184 120206 120206 218978 32481 -4133 28348 247326 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAXES (EXCEPT TAXES ON UNRELATED BUSINESS INCOME), UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE FOUNDATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE FOUNDATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS INCOME TAX (UBIT). THE TAX BENEFITS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE FOUNDATION'S POLICY WOULD BE TO RECOGNIZE INTEREST AND PENALTIES, IF ANY, ON TAX POSITIONS RELATED TO ITS UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IN THE CONSOLIDATED FINANCIAL STATEMENTS. NO INTEREST AND PENALTIES WERE ASSESSED OR RECORDED DURING 2023. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE -4,133. PART XII, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE -4,133. 0 0 0 0 0 0 0 0 0 0 NORTH AMERICA SURGERY RESIDENT RESEARCH GRANT 16212 0 NORTH AMERICA DIPLOMATE CLINICAL RESEARCH GRANT 7600 0 0 0 0 0 0 0 1 AUBURN UNIVERSITY 208 M WHITE SMITH HALL 381 MELL ST AUBURN UNIVERSITY AL 36849 636000724 GOV 34500 0 DIPLOMATIC CLINICAL RESEARCH GRANT CORNELL UNIVERSITY 377 PINE TREE ROAD ITHICA NY 14850 150532082 GOV 11600 0 SURGERY IN TRAINING LOUISIANA STATE UNIVERSITY THOMAS BOYD HALL ROOM 204 BATON ROUGE LA 70803 726000848 GOV 19620 0 SURGERY IN TRAINING TEXAS A&M AGRILIFE RESEARCH 400 HARVEY MITCHELL PARKWAY S SUITE 300 COLLEGE STATION TX 77836 746000541 GOV 11644 0 SURGERY IN TRAINING PURDUE UNIVERSITY 2550 NORTHWESTERN AVENUE SUITE 1100 WEST LAFAYETTE IN 479061332 356002041 GOV 12465 0 SURGERY IN TRAINING THE UNIVERSITY OF MINNESOTA PO BOX 1450 MINNEAPOLIS MN 55485 416007513 GOV 19906 0 SURGERY IN TRAINING NORTH CAROLINA STATE UNIVERSITY CAMPUS BOX 7205 RALEIGH NC 276957205 566000756 GOV 15000 0 SURGERY IN TRAINING PART I, LINE 2 - PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS A REPORT OF THE PUBLICATION OF THE MANUSCRIPT MUST BE SUBMITTED TO ACVS RESEARCH COMMITTEE CHAIRMAN WITHIN ONE YEAR OF THE COMPLETION WITH APPROPRIATE RECOGNITION OF THE FOUNDATION SUPPORT. 0 0 0 0 0 0 0 0 0 ANN T LOEW CHIEF EXECUTIVE OFFICER 0 221114 0 45000 0 0 0 6182 0 6549 0 278845 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT FIRM AND SUBMITTED TO THE CHIEF EXECUTIVE OFFICER, ACCOUNTING DEPARTMENT, AND TREASURER FOR THEIR REVIEW AND APPROVAL PRIOR TO BEING MADE AVAILABLE TO THE BOARD OF TRUSTEES AND SUBMISSION TO IRS. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICTS OF INTEREST POLICY BY CHIEF EXECUTIVE OFFICER AND BOARD OF DIRECTORS AS NEEDED IN THE NORMAL COURSE OF OPERATIONS. FORM 990, PART VI, SECTION C, LINE 19 DISCLOSURE OF GOVERNING DOCUMENTS, POLICIES, FINANCIAL STATEMENTS, AND FORM 990 IS AVAILABLE UPON REQUEST. THIS HAS NOT CHANGED SINCE LAST YEAR. SCHEDULE D, PART XI, LINE 2B AND PART XII, LINE 2A DURING 2023, ACVS FOUNDATION, INC. RECEIVED DONATED SERVICES / ADMINISTRATIVE SUPPORT FROM AMERICAN COLLEGE OF VETERINARY SURGEONS (ACVS) IN THE AMOUNT OF $120,206. THIS AMOUNT WAS COMPRISED OF AN ALLOCATED SHARE OF SALARIES AND RELATED BENEFITS EXPENDED BY ACVS ON THE FOUNDATION'S BEHALF. AMERICAN COLLEGE OF VETERINARY SURGEONS 19785 CRYSTAL ROCK DRIVE SUITE 305 GERMANTOWN MD 20874 237143276 MEMBERSHIP TO PROMOTE THE ART AND SCIENCE OF VETERINARY SURGERY MD 501(C)(6) 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 ACVS COLLEGE B 14176 ACVS COLLEGE C 156570 ACVS COLLEGE O 120206