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EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION (EIN 23-7053028)
Tax period
2023-07-01 to 2024-06-30
Filed
2024-11-25
IRS object ID
202433309349300523
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-25T10:37:48+00:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN440160260PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Forvis Mazars LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1440 Monticello Ave Suite 1400AddressLine1Txt
CityNorfolkCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23510ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237053028EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Eastern Virginia Medical School FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlEASTBusinessNameControlTxt
Phone7574466051PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 5AddressLine1Txt
CityNORFOLKCityNm
State AbbreviationVAStateAbbreviationCd
ZIP235010005ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMark B DreyfusPersonNm
Person TitleTreasurerPersonTitleTxt
Phone7574466065PhoneNum
Signature2024-11-25SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLaKrisha CastleberryPreparerPersonNm
PTINP01677333PTIN
Phone7576245100PhoneNum
Preparation2024-11-25PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1MARK B DREYFUSBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 5AddressLine1Txt
CityNORFOLKCityNm
State AbbreviationVAStateAbbreviationCd
ZIP235010005ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$17,833,850GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1969FormationYr
Legal Domicile StateVALegalDomicileStateCd
Activity Or MissionThe Eastern Virginia Medical School Foundation serves to strengthen the financial security of the Eastern Virginia Medical School by accepting, investing and managing gifts, donations and bequests.ActivityOrMissionDesc
Voting Members Governing Body19VotingMembersGoverningBodyCnt
Voting Members Independent19VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers19TotalVolunteersCnt
Total Gross UBI$310,669TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$262,926NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$9,942,566PYContributionsGrantsAmt
CY Contributions Grants$4,363,916CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$1,867,962PYInvestmentIncomeAmt
CY Investment Income$10,165,532CYInvestmentIncomeAmt
PY Other Revenue$96,146PYOtherRevenueAmt
CY Other Revenue$143,627CYOtherRevenueAmt
PY Total Revenue$11,906,674PYTotalRevenueAmt
CY Total Revenue$14,673,075CYTotalRevenueAmt
PY Grants And Similar Paid$9,270,872PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$10,043,531CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$221,241PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$226,752CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$77,336PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$46,050CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$279,725CYTotalFundraisingExpenseAmt
PY Other Expenses$883,343PYOtherExpensesAmt
CY Other Expenses$1,356,928CYOtherExpensesAmt
PY Total Expenses$10,452,792PYTotalExpensesAmt
CY Total Expenses$11,673,261CYTotalExpensesAmt
PY Revenues Less Expenses$1,453,882PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,999,814CYRevenuesLessExpensesAmt
Total Assets BOY$175,187,870TotalAssetsBOYAmt
Total Assets EOY$184,852,997TotalAssetsEOYAmt
Total Liabilities BOY$220,890TotalLiabilitiesBOYAmt
Total Liabilities EOY$663,617TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$174,966,980NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$184,189,380NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionThe Eastern Virginia Medical School Foundation serves to strengthen the financial security of the Eastern Virginia Medical School by accepting, investing and managing gifts, donations and bequests.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$5,461,478ExpenseAmt
Grant$5,461,478GrantAmt
Revenue$143,627RevenueAmt
DescRESTRICTED GRANTS GIVEN TO THE EASTERN VIRGINIA MEDICAL SCHOOL FOR MEDICAL RESEARCH AND EDUCATIONAL PROGRAMS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,987,334ExpenseAmt
Grant$1,987,334GrantAmt
DescAPPROPRIATIONS FOR PROGRAM AND PROFESSORSHIP ENHANCEMENTS OF THE EASTERN VIRGINIA MEDICAL SCHOOL APPROVED BY THE BOARD OF THE FOUNDATION.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$1,400,696ExpenseAmt
Grant$1,400,696GrantAmt
DescAPPROPRIATIONS FOR MAINTENANCE AND OPERATIONS OF THE EASTERN VIRGINIA SCHOOL FOR MEDICAL RESEARCH AND EDUCATIONAL PROGRAMSDesc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$1,194,023ExpenseAmt
Grant$1,194,023GrantAmt
DescAPPROPRIATIONS FOR STUDENT SCHOLARSHIPS AT THE EASTERN VIRGINIA MEDICAL SCHOOL APPROVED BY THE BOARD OF THE FOUNDATION.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$1,194,023TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$1,194,023TotalOtherProgSrvcGrantAmt
Total Program Service Expenses$10,043,531TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members19GoverningBodyVotingMembersCnt
Independent Voting Member19IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMEStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldAKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldUTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Thomasin Chrisman Assistant TreasurerBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7574466065PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 5AddressLine1Txt
CityNORFOLKCityNm
State AbbreviationVAStateAbbreviationCd
ZIP235010005ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MARK B DREYFUS
TREASURER1.0Yes (X)Yes (X)$0$0$0
SHIRLEY C BALDWIN
CHAIR1.0Yes (X)Yes (X)$0$0$0
STEPHEN M SNYDER
SECRETARY1.0Yes (X)Yes (X)$0$0$0
ANDREW S FINE
TRUSTEE1.0Yes (X)$0$0$0
B THOMAS MANSBACH
TRUSTEE1.0Yes (X)$0$0$0
CLYDE T CLARK JR
TRUSTEE1.0Yes (X)$0$0$0
DAWN S GLYNN
TRUSTEE1.0Yes (X)$0$0$0
Hans VonKruger
TRUSTEE1.0Yes (X)$0$0$0
JANE R SHORT
TRUSTEE1.0Yes (X)$0$0$0
KIRKLAND KELLEY
TRUSTEE1.0Yes (X)$0$0$0
LEWIS WEBB III
TRUSTEE1.0Yes (X)$0$0$0
LOUIS F RYAN
TRUSTEE1.0Yes (X)$0$0$0
MARK D MANION
TRUSTEE1.0Yes (X)$0$0$0
PATRICIA Y KING
TRUSTEE1.0Yes (X)$0$0$0
RANDOLPH HOOVER
TRUSTEE1.0Yes (X)$0$0$0
ROBERT C GOODMAN
TRUSTEE1.0Yes (X)$0$0$0
ROBIN D RAY
TRUSTEE1.0Yes (X)$0$0$0
VANDANA A PATEL
TRUSTEE1.0Yes (X)$0$0$0
VINCENT J MASTRACCO JR
TRUSTEE1.0Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BlackbaudBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 844827AddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02284ZIPCd
FieldValueIRS element (for citing)
ServicesFundraising supportServicesDesc
Compensation$253,367CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$4,363,916AllOtherContributionsAmt
Noncash Contributions$61,528NoncashContributionsAmt
Total Contributions$4,363,916TotalContributionsAmt

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$0TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,441,826TotalRevenueColumnAmt
Unrelated Business Revenue$310,669UnrelatedBusinessRevenueAmt
Exclusion$2,131,157ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$10,884,481SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$3,160,775SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$7,723,706SecuritiesAmt
Other$0OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,723,706TotalRevenueColumnAmt
Exclusion$7,723,706ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
FUNDRAISING REIMBURSEMENT541900$109,833$109,833
NET LIFE INSURANCE ACTIVITY524298$33,794$33,794

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$143,627OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$14,673,075TotalRevenueColumnAmt
Related Or Exempt Func Income$143,627RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$310,669UnrelatedBusinessRevenueAmt
Exclusion$9,854,863ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$10,034,550TotalAmt
Program Services$10,034,550ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$8,981TotalAmt
Program Services$8,981ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$185,954TotalAmt
Management And General$185,954ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$40,798TotalAmt
Management And General$40,798ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$928TotalAmt
Management And General$928ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$44,108TotalAmt
Management And General$44,108ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$46,050TotalAmt
Fundraising$46,050FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$801,758TotalAmt
Management And General$801,758ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$189,795TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$189,795FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$4,476TotalAmt
Management And General$4,476ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$6,500TotalAmt
Management And General$6,500ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
UBI TAX$231,354$231,354
SPECIAL EVENTS & OTHER$43,880$43,880
GENERAL EXPENSES$34,123$34,123
BANK CHARGES$6$6

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$11,673,261TotalAmt
Program Services$10,043,531ProgramServicesAmt
Management And General$1,350,005ManagementAndGeneralAmt
Fundraising$279,725FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,182,583BOYAmt
EOY$2,626,269EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$12,674,543BOYAmt
EOY$11,450,811EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,679,481BOYAmt
EOY$3,853,087EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$0LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$0LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$40,330,091BOYAmt
EOY$35,595,085EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$115,473,878BOYAmt
EOY$129,428,255EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,847,294BOYAmt
EOY$1,899,490EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$175,187,870BOYAmt
EOY$184,852,997EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$250BOYAmt
EOY$26,078EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$220,640BOYAmt
EOY$637,539EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$220,890BOYAmt
EOY$663,617EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$23,402,219BOYAmt
EOY$25,556,995EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$151,564,761BOYAmt
EOY$158,632,385EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$174,966,980BOYAmt
EOY$184,189,380EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$175,187,870BOYAmt
EOY$184,852,997EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,999,814ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$6,222,586NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,406,388CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$18,448,443CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$9,527,358CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$9,942,566CurrentTaxYearMinus1YearAmt
Current Tax Year$4,363,916CurrentTaxYearAmt
Total$49,688,671TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,406,388CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$18,448,443CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$9,527,358CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$9,942,566CurrentTaxYearMinus1YearAmt
Current Tax Year$4,363,916CurrentTaxYearAmt
Total$49,688,671TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$3,169,758SubstantialContributorsTotAmt
Public Support Total170$46,518,913PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,643,348CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,169,331CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,272,794CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,771,509CurrentTaxYearMinus1YearAmt
Current Tax Year$2,441,826CurrentTaxYearAmt
Total$8,298,808TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$86,798CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$93,635CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$21,984CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$32,357CurrentTaxYearMinus1YearAmt
Current Tax Year$33,794CurrentTaxYearAmt
Total$268,568TotalAmt
FieldValueIRS element (for citing)
Total Support$58,256,047TotalSupportAmt
Gross Receipts Rltd Activities$0GrossReceiptsRltdActivitiesAmt
Public Support CY1700.7985PublicSupportCY170Pct
Public Support PY1700.8327PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule A, Part II, Line 10 Other IncomeFormAndLineReferenceDesc
ExplanationDESCRIPTION - NET LIFE INSURANCE ACTIVITY, COLUMN A - 29702.0, COLUMN B - 30689.0, COLUMN C - 21984.0, COLUMN D - 32357.0, COLUMN E - 33794.0, COLUMN F - 148526.0; DESCRIPTION - FUNDRAISING REIMBURSEMENT, COLUMN A - 57096.0, COLUMN B - 62946.0, COLUMN C - , COLUMN D - , COLUMN E - , COLUMN F - 120042.0;ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$148,452,972BeginningYearBalanceAmt
Contributions$2,064,694ContributionsAmt
Investment Earnings Or Losses$14,323,795InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,836,912GrantsOrScholarshipsAmt
End Year Balance$160,004,549EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$137,625,711BeginningYearBalanceAmt
Contributions$5,540,258ContributionsAmt
Investment Earnings Or Losses$9,442,238InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,155,235GrantsOrScholarshipsAmt
End Year Balance$148,452,972EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$152,680,070BeginningYearBalanceAmt
Contributions$4,149,324ContributionsAmt
Investment Earnings Or Losses-$15,050,978InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,152,705GrantsOrScholarshipsAmt
End Year Balance$137,625,711EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$115,609,034BeginningYearBalanceAmt
Contributions$2,571,213ContributionsAmt
Investment Earnings Or Losses$37,865,241InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,365,418GrantsOrScholarshipsAmt
End Year Balance$152,680,070EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$115,186,989BeginningYearBalanceAmt
Contributions$1,698,795ContributionsAmt
Investment Earnings Or Losses$1,919,746InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,196,496GrantsOrScholarshipsAmt
End Year Balance$115,609,034EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.15BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.58PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.27TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescAlternative InvestmentsDesc
Book Value$129,428,255BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$129,428,255TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescAMOUNT DUE TO AFFILIATESDesc
Amt$637,539Amt
FieldValueIRS element (for citing)
Total Liability$637,539TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$20,390,743TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$6,222,586NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$638,027DonatedServicesAndUseFcltsAmt
Other Revenue$0OtherRevenueAmt
Revenue Not Reported$6,860,613RevenueNotReportedAmt
Revenue Subtotal$13,530,130RevenueSubtotalAmt
Investment Expenses Not Incld$801,758InvestmentExpensesNotIncldAmt
Other Revenues Not Included$341,187OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$1,142,945RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$14,673,075TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$11,168,343TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$638,027DonatedServicesUseFcltsAmt
Other Expenses Included$0OtherExpensesIncludedAmt
Expenses Not Reported$638,027ExpensesNotReportedAmt
Expenses Subtotal$10,530,316ExpensesSubtotalAmt
Investment Expenses Not Incld2$801,758InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$341,187OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$1,142,945ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$11,673,261TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part V, Line 4 Intended uses of endowment fundsTHE FOUNDATION'S ENDOWMENT CONSISTS OF APPROXIMATELY 200 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnoteThe Foundation is exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code and the tax statutes of the Commonwealth of Virginia; accordingly, the accompanying financial statements do not reflect a provision or liability for federal and state income taxes. Certain investment earnings may be subject to unrelated business income tax but the earnings have been immaterial. The Foundation has determined that it does not have any material unrecognized tax obligations as of June 30, 2024 and 2023.
Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statementsUBI Tax - 231354 Reimbursements from EVMS - 109833
Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statementsUBI Tax - 231354 PAYMENTS TO FUNDRAISER AND VENDOR - REIMBURSED BY EVMS - 109833

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (true)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndGross ReceiptsGrossReceiptsAmtRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
Catapult Fundraising Inc
2651 N Green Valley PkwyHendersonNV89014Fundraisingfalse$155,378$35,737$119,641
Marketing Communication Resources
4800 E 345th StWilloughbyOH44094Fundraisingfalse$10,313-$10,313
FieldValueIRS element (for citing)
Total Gross Receipts$155,378TotalGrossReceiptsAmt
Total Retained By Contractors$46,050TotalRetainedByContractorsAmt
Total Net To Organization$109,328TotalNetToOrganizationAmt
Licensed StatesCALicensedStatesCd
Licensed StatesCOLicensedStatesCd
Licensed StatesCTLicensedStatesCd
Licensed StatesFLLicensedStatesCd
Licensed StatesGALicensedStatesCd
Licensed StatesALLicensedStatesCd
Licensed StatesHILicensedStatesCd
Licensed StatesILLicensedStatesCd
Licensed StatesKSLicensedStatesCd
Licensed StatesKYLicensedStatesCd
Licensed StatesLALicensedStatesCd
Licensed StatesMELicensedStatesCd
Licensed StatesAKLicensedStatesCd
Licensed StatesMDLicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesMILicensedStatesCd
Licensed StatesMNLicensedStatesCd
Licensed StatesMSLicensedStatesCd
Licensed StatesMOLicensedStatesCd
Licensed StatesNVLicensedStatesCd
Licensed StatesNHLicensedStatesCd
Licensed StatesNJLicensedStatesCd
Licensed StatesNMLicensedStatesCd
Licensed StatesNYLicensedStatesCd
Licensed StatesNCLicensedStatesCd
Licensed StatesNDLicensedStatesCd
Licensed StatesOHLicensedStatesCd
Licensed StatesOKLicensedStatesCd
Licensed StatesORLicensedStatesCd
Licensed StatesPALicensedStatesCd
Licensed StatesRILicensedStatesCd
Licensed StatesSCLicensedStatesCd
Licensed StatesTNLicensedStatesCd
Licensed StatesUTLicensedStatesCd
Licensed StatesVALicensedStatesCd
Licensed StatesARLicensedStatesCd
Licensed StatesWALicensedStatesCd
Licensed StatesWVLicensedStatesCd
Licensed StatesWILicensedStatesCd

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1EASTERN VIRGINIA MEDICAL SCHOOLBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1980AddressLine1Txt
CityNorfolkCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23501ZIPCd
FieldValueIRS element (for citing)
Recipient EIN546055378RecipientEIN
IRC Section501(c)(3)IRCSectionDesc
Cash Grant$10,034,550CashGrantAmt
Purpose Of GrantSUPPORT EVMS PROFESSORSHIPS, CHAIRS, OPERATIONS, AND SCHOLARSHIPSPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeAwardsGrantTypeTxt
Recipient7RecipientCnt
Cash Grant$8,981CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2 Procedures for monitoring use of grant funds.FormAndLineReferenceDesc
ExplanationPROGRAM EXPENDITURES ARE MONITORED BY THE ACCOUNTING OFFICE FOR FINANCIAL AVAILABILITY AND THE DEVELOPMENT OFFICE TO MATCH THE EXPENDITURE AGAINST THE DONOR RESTRICTIONS.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution25ContributionCnt
Noncash Contributions Rpt F990$61,528NoncashContributionsRptF990Amt
Method Of Determining RevenuesOther - QUOTED STOCK PRICESMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule M, Part I Explanations of reporting method for number of contributionsFormAndLineReferenceDesc
ExplanationSecurities - Publicly traded - The number of stock donations received (not shares) is reported.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part III, Line 4d Description of other program services(Expenses $ 1,194,023 including grants of $ 1,194,023) APPROPRIATIONS FOR STUDENT SCHOLARSHIPS AT THE EASTERN VIRGINIA MEDICAL SCHOOL APPROVED BY THE BOARD OF THE FOUNDATION.
Form 990, Part VI, Line 11b Review of form 990 by governing bodyTHE FORM 990 IS PREPARED BY MANAGEMENT WITH THE ASSISTANCE OF THE EXTERNAL AUDIT FIRM. THE FORM 990 IS APPROVED BY THE FINANCE AND INVESTMENT COMMITTEE AND IS AVAILABLE FOR REVIEW BY ALL BOARD OF TRUSTEES MEMBERS PRIOR TO SUBMISSION.
Form 990, Part VI, Line 12c Conflict of interest policyEACH TRUSTEE OF THE BOARD IS REQUIRED TO DISCLOSE CONFLICT OF INTEREST ANNUALLY. INDEPENDENT COMMITTEES EVAULATE CONFLICT OF INTERESTS AND TRUSTEES WITH CONFLICTS OF INTEREST ARE NOT PERMITTED TO VOTE ON PROPOSALS RELATED TO CONFLICT OF INTEREST.
Form 990, Part VI, Line 15a Process to establish compensation of top management officialIt IS THE POLICY OF THE EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION TO PAY WAGES AND SALARIES WHICH APPROPRIATELY RECOGNIZE JOB RESPONSIBILITIES AND INDIVIDUAL PERFORMANCE AND ARE COMPETITIVE IN THE JOB MARKET IN ORDER TO ATTRACT, RETAIN, REWARD, AND MOTIVATE EMPLOYEES. THE WAGES AND SALARIES ARE PAID BY EASTERN VIRGINIA MEDICAL SCHOOL AND REIMBURSED BY THE FOUNDATION.
Form 990, Part VI, Line 15b Process to establish compensation of other employeesIt IS THE POLICY OF THE EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION TO PAY WAGES AND SALARIES WHICH APPROPRIATELY RECOGNIZE JOB RESPONSIBILITIES AND INDIVIDUAL PERFORMANCE AND ARE COMPETITIVE IN THE JOB MARKET IN ORDER TO ATTRACT, RETAIN, REWARD, AND MOTIVATE EMPLOYEES. THE WAGES AND SALARIES ARE PAID BY EASTERN VIRGINIA MEDICAL SCHOOL AND REIMBURSED BY THE FOUNDATION.
Form 990, Part VI, Line 19 Required documents available to the publicUPON REQUEST
Form 990, Part XII, Line 2c Change of oversight process or selection processNO CHANGES TO OVERSIGHT COMMITTEE FROM PRIOR YEAR.