STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

AMERICAN FEDERATION FOR AGING: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
AMERICAN FEDERATION FOR AGING (EIN 13-3045282)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-10-31
IRS object ID
202543049349302679
Schema version
2024v5.2
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)
Return2025-10-31T15:39:34-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN812950760PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SAX LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11040 AVENUE OF THE AMERICAS-16TH FLAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10018ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN133045282EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AMERICAN FEDERATION FOR AGINGBusinessNameLine1Txt
Business Name Line2RESEARCH INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlAMERBusinessNameControlTxt
Phone2127039977PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line155 WEST 39TH STREET 16TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10018ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTEPHANIE LEDERMANPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone2127039977PhoneNum
Signature2025-10-31SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARQUS WHITEPreparerPersonNm
PTINP00053187PTIN
Phone2126857000PhoneNum
Preparation2025-10-31PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSTEPHANIE LEDERMANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line155 WEST 39TH STREET 16TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10018ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$18,816,557GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.AFAR.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1980FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionRESEARCH GRANT AWARDS, SCIENTIFIC COORDINATION ACTIVITIES AND CONFERENCES.ActivityOrMissionDesc
Voting Members Governing Body34VotingMembersGoverningBodyCnt
Voting Members Independent33VotingMembersIndependentCnt
Total Employee13TotalEmployeeCnt
Total Volunteers340TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$22,132,211PYContributionsGrantsAmt
CY Contributions Grants$14,400,739CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$697,124PYInvestmentIncomeAmt
CY Investment Income$1,454,319CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$22,829,335PYTotalRevenueAmt
CY Total Revenue$15,855,058CYTotalRevenueAmt
PY Grants And Similar Paid$13,161,657PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$12,882,750CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,130,596PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,546,169CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$54,209CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$573,387CYTotalFundraisingExpenseAmt
PY Other Expenses$2,215,549PYOtherExpensesAmt
CY Other Expenses$2,207,279CYOtherExpensesAmt
PY Total Expenses$17,507,802PYTotalExpensesAmt
CY Total Expenses$17,690,407CYTotalExpensesAmt
PY Revenues Less Expenses$5,321,533PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$1,835,349CYRevenuesLessExpensesAmt
Total Assets BOY$46,621,992TotalAssetsBOYAmt
Total Assets EOY$48,385,387TotalAssetsEOYAmt
Total Liabilities BOY$15,925,560TotalLiabilitiesBOYAmt
Total Liabilities EOY$18,268,406TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$30,696,432NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$30,116,981NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE AMERICAN FEDERATION FOR AGING RESEARCH (AFAR) IS A NATIONAL ORGANIZATION WHOSE MISSION IS TO SUPPORT AND ADVANCE HEALTHY AGING THROUGH BIOMEDICAL RESEARCH. IT FULFILLS THIS MISSION BY: SUPPORTING RESEARCH THROUGH GRANT PROGRAMS THAT FURTHER OUR UNDERSTANDING OF THE AGING PROCESS AND ITS ASSOCIATED DISEASES AND DISORDERS; HELPING ESTABLISH A PIPELINE OF EARLY CAREER SCIENTISTS IN AGING RESEARCH AND GEROSCIENCE; OFFERING OPPORTUNITIES FOR SCIENTISTS AND PHYSICIANS TO EXCHANGE NEW IDEAS AND KNOWLEDGE ABOUT AGING; AND PROMOTING AWARENESS ABOUT THE IMPORTANCE OF RESEARCH IN THE AGING FIELD.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$16,395,731ExpenseAmt
Grant$12,882,750GrantAmt
DescSCIENTIFIC PROGRAMS: AWARDS FOR BIOMEDICAL RESEARCH INTO AGING, CONFERENCES AND COORDINATION. DURING 2024 AFAR AWARDED 52 RESEARCH GRANTS TOTALING $12,362,162 AND HELD 5 SCIENTIFIC CONFERENCES.Desc
Total Program Service Expenses$16,395,731TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document43IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee13EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members34GoverningBodyVotingMembersCnt
Independent Voting Member33IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RIKI BLUMBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2127039977PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line155 WEST 39TH STREET 16TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10018ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (42 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
THOMAS A RANDO MD PHD
PRESIDENT2.00Yes (X)Yes (X)$0$0$0
LAURA M BARZILAI JD LLM
BOARD CHAIR2.00Yes (X)Yes (X)$0$0$0
CHARLES BEEVER MBA
SECRETARY & TREASURER2.00Yes (X)Yes (X)$0$0$0
STEVEN N AUSTAD PHD
SCIENTIFIC DIRECTOR2.00Yes (X)$41,500$0$0
NIR BARZILAI MD
DIRECTOR2.00Yes (X)$0$0$0
ANDRE BERTRAM
DIRECTOR2.00Yes (X)$0$0$0
RICHARD BESDINE MD
DIRECTOR2.00Yes (X)$0$0$0
HARVEY J COHEN MD
DIRECTOR2.00Yes (X)$1,000$0$0
ALEX COLVILLE
DIRECTOR2.00Yes (X)$0$0$0
ANA MARIA CUERVO MD PHD
DIRECTOR2.00Yes (X)$0$0$0
DAVID L EIGEN
DIRECTOR2.00Yes (X)$0$0$0
SARA E ESPINOZA MD MSC
DIRECTOR2.00Yes (X)$3,500$0$0
RICHARD G A FARAGHER PHD
DIRECTOR2.00Yes (X)$0$0$0
JAMES FICKEL
DIRECTOR2.00Yes (X)$0$0$0
ALEXANDRA L GATJE
DIRECTOR2.00Yes (X)$0$0$0
MICHAEL HODIN PHD
DIRECTOR2.00Yes (X)$0$0$0
CATHERINE KACZOROWSKI PHD
DIRECTOR2.00Yes (X)$0$0$0
THOMAS G KAHN CFA
DIRECTOR2.00Yes (X)$0$0$0
PETER KIMMELMAN
DIRECTOR2.00Yes (X)$0$0$0
JAMES L KIRKLAND MD PHD
DIRECTOR2.00Yes (X)$0$0$0
MARK S LACHS MD PHD
DIRECTOR2.00Yes (X)$0$0$0
KEVIN J LEE PHD
DIRECTOR2.00Yes (X)$0$0$0
MICHAEL RINGEL PHD
DIRECTOR2.00Yes (X)$0$0$0
SAMI SAGOL
DIRECTOR2.00Yes (X)$0$0$0
GARETH W SHEPHERD PHD
DIRECTOR2.00Yes (X)$0$0$0
ROBERT W STEARNS
DIRECTOR2.00Yes (X)$0$0$0
TERRIE FOX WETLE PHD
DIRECTOR2.00Yes (X)$0$0$0
KEITH E WHITFIELD PHD
DIRECTOR2.00Yes (X)$0$0$0
SERGEY YOUNG
DIRECTOR2.00Yes (X)$0$0$0
NIGEL EMMETT
DIRECTOR2.00Yes (X)$0$0$0
DENISE LEFEBVRE
DIRECTOR2.00Yes (X)$0$0$0
JAMES MELLON
DIRECTOR2.00Yes (X)$0$0$0
LAURA NIEDERNHOFFER
DIRECTOR2.00Yes (X)$0$0$0
DAVID SNCLAIR
DIRECTOR2.00Yes (X)$0$0$0
STEPHANIE LEDERMAN
EXECUTIVE DIRECTOR40.00Yes (X)$442,719$0$81,727
FREDERICA BLUM
FINANCE DIRECTOR40.00Yes (X)$188,553$0$38,368
ODETTE VAN DER WILLIK
PROGRAM DIRECTOR40.00$250,194$0$63,442Yes (X)
JOHN CHAICH
COMMUNICATIONS DIRECTOR40.00$162,879$0$35,504Yes (X)
KELLY WHALEN
DEVELOPMENT DIRECTOR40.00$143,783$0$16,503Yes (X)
HATTIE HERMAN
SR PROGRAM OFFICER I40.00$142,032$0$34,633Yes (X)
LEE NUNLEY
STRAT PROG MGR/DEV OFF40.00$136,339$0$19,803Yes (X)
CATHERINE CULLAR
ADMINISTRATIVE MANAGER40.00$122,169$0$31,677Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,634,668TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$321,657TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K9IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
FINN PARTNERS
1675 BROADWAYNEW YORKNY10019PROGRM. MARKETING$265,000
CORNERSTONE GOVERNMENT AFFAIRS INC
800 MAINE AVENUE SW 7TH FLOORWASHINGTONDC20024LOBBYING CONSULTANTS$252,000
REGENERON PHARMACEUTICALS INC
777 OLD SAW MILL ROADTARRYTOWNNY10591GENETIC SEQUENCING$173,063
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
Government Grants$1,910,335GovernmentGrantsAmt
All Other Contributions$12,490,404AllOtherContributionsAmt
Total Contributions$14,400,739TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,296,400TotalRevenueColumnAmt
Exclusion$1,296,400ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$3,119,418SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$2,961,499SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$157,919SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$157,919TotalRevenueColumnAmt
Exclusion$157,919ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$15,855,058TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,454,319ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$12,827,250TotalAmt
Program Services$12,827,250ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$22,500TotalAmt
Program Services$22,500ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$33,000TotalAmt
Program Services$33,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,068,503TotalAmt
Program Services$652,781ProgramServicesAmt
Management And General$305,588ManagementAndGeneralAmt
Fundraising$110,134FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,096,509TotalAmt
Program Services$754,069ProgramServicesAmt
Management And General$88,633ManagementAndGeneralAmt
Fundraising$253,807FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$71,467TotalAmt
Program Services$50,732ProgramServicesAmt
Management And General$1,966ManagementAndGeneralAmt
Fundraising$18,769FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$178,177TotalAmt
Program Services$115,509ProgramServicesAmt
Management And General$22,655ManagementAndGeneralAmt
Fundraising$40,013FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$131,513TotalAmt
Program Services$85,611ProgramServicesAmt
Management And General$22,845ManagementAndGeneralAmt
Fundraising$23,057FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$37,000TotalAmt
Management And General$37,000ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$46,000TotalAmt
Management And General$46,000ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$252,000TotalAmt
Program Services$252,000ProgramServicesAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$54,209TotalAmt
Fundraising$54,209FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$69,415TotalAmt
Management And General$69,415ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$551,337TotalAmt
Program Services$549,959ProgramServicesAmt
Management And General$1,378ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$160,520TotalAmt
Program Services$160,520ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$126,243TotalAmt
Program Services$43,356ProgramServicesAmt
Management And General$48,496ManagementAndGeneralAmt
Fundraising$34,391FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$108,036TotalAmt
Program Services$108,036ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$218,699TotalAmt
Program Services$142,367ProgramServicesAmt
Management And General$37,990ManagementAndGeneralAmt
Fundraising$38,342FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$613,144TotalAmt
Program Services$585,558ProgramServicesAmt
Management And General$26,921ManagementAndGeneralAmt
Fundraising$665FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$6,341TotalAmt
Management And General$6,341ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$6,061TotalAmt
Management And General$6,061ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescOTHER PROGRAMDesc
Total$12,483TotalAmt
Program Services$12,483ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$17,690,407TotalAmt
Program Services$16,395,731ProgramServicesAmt
Management And General$721,289ManagementAndGeneralAmt
Fundraising$573,387FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$4,623,024BOYAmt
EOY$5,240,197EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,978,350BOYAmt
EOY$4,869,540EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$22,196,150BOYAmt
EOY$19,707,431EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$66,508BOYAmt
EOY$49,698EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$36,040LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$26,603LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$15,779BOYAmt
EOY$9,437EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$15,869,845BOYAmt
EOY$16,756,301EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,872,336BOYAmt
EOY$1,752,783EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$46,621,992BOYAmt
EOY$48,385,387EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$408,001BOYAmt
EOY$273,461EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$15,114,525BOYAmt
EOY$17,781,869EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$403,034BOYAmt
EOY$213,076EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$15,925,560BOYAmt
EOY$18,268,406EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$8,074,940BOYAmt
EOY$9,476,067EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$22,621,492BOYAmt
EOY$20,640,914EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$30,696,432BOYAmt
EOY$30,116,981EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$46,621,992BOYAmt
EOY$48,385,387EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$1,835,349ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$667,032NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$588,866OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

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$5,582,532CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$12,473,680CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$14,714,391CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$22,132,211CurrentTaxYearMinus1YearAmt
Current Tax Year$14,400,739CurrentTaxYearAmt
Total$69,303,553TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,582,532CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$12,473,680CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$14,714,391CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$22,132,211CurrentTaxYearMinus1YearAmt
Current Tax Year$14,400,739CurrentTaxYearAmt
Total$69,303,553TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$45,575,415SubstantialContributorsTotAmt
Public Support Total170$23,728,138PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$327,112CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$820,893CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$412,546CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$688,934CurrentTaxYearMinus1YearAmt
Current Tax Year$1,296,400CurrentTaxYearAmt
Total$3,545,885TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$20,167CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,500CurrentTaxYearMinus3YearsAmt
Total$23,667TotalAmt
FieldValueIRS element (for citing)
Total Support$72,873,105TotalSupportAmt
Public Support CY1700.32560PublicSupportCY170Pct
Public Support PY1700.31780PublicSupportPY170Pct
Ten Pct Facts Crcmstncs Test CYYes (X)TenPctFactsCrcmstncsTestCYInd
Facts And Circumstances TestAMERICAN FEDERATION FOR AGING RESEARCH'S (AFAR'S) PUBLIC SUPPORT PERCENTAGE HAS DROPPED JUST BELOW 33.33% IN THE PAST FEW YEARS DUE TO THE RECEIPT OF SEVERAL LARGE MULTI-YEAR CONTRIBUTIONS FROM A FEW FOUNDATIONS, CORPORATIONS AND INDIVIDUALS.THE ORGANIZATION ACTIVELY SOLICITS BROAD BASED SUPPORT THROUGH PUBLIC EDUCATION AND FUNDRAISING INITIATIVES, INCLUDING AN INTERACTIVE WEBSITE, WEBINARS, EXPERT PANEL DISCUSSIONS, LECTURES, CONFERENCES AND A SEMI-ANNUAL ELECTRONIC NEWSLETTER. AFAR STRIVES TO MAINTAIN A BROAD DONOR BASE AND ITS PUBLIC SUPPORT PERCENTAGE IS AT THE UPPER END OF THE FACTS AND CIRCUMSTANCES RANGE.AFAR'S MISSION TO SUPPORT BIOMEDICAL RESEARCH ON AGING PROVIDES STRATEGIES FOR KEEPING OLDER ADULTS HEALTHY AND VITAL. OUR RAPIDLY AGING SOCIETY IS ONE OF THE MAJOR PUBLIC HEALTH CHALLENGES OF THE 21ST CENTURY, AND ADVANCES IN THE FIELD OF AGING WILL HAVE A BROAD PUBLIC IMPACT AS THEY WILL LEAD TO IMPROVED HEALTH AND MITIGATE SOCIAL AND FINANCIAL BURDENS.AFAR'S BOARD OF DIRECTORS IS A LARGE AND DIVERSE GROUP OF PRIMARILY UNRELATED INDIVIDUALS INCLUDING SCIENTISTS AND EDUCATORS FROM OVER 30 NATIONAL AND INTERNATIONAL UNIVERSITIES AND RESEARCH INSTITUTES, THE NATIONAL INSTITUTE ON AGING, CORPORATIONS, FOUNDATIONS AND OTHERS. FINALLY, AFAR SOLICITS HUNDREDS OF APPLICATIONS FOR RESEARCH FUNDING AND MEDICAL STUDENT TRAINING PROGRAMS EVERY YEAR. FUNDING IS AWARDED ON A COMPETITIVE BASIS TO BOTH U.S. AND INTERNATIONAL APPLICANTS. PLEASE REFER TO SCHEDULE I FOR DETAIL.FactsAndCircumstancesTestTxt

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 C IRS990ScheduleC

FieldValueIRS element (for citing)
VolunteersYes (1)VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact Legislators0DirectContactLegislatorsInd
Rallies Demonstrations0RalliesDemonstrationsInd
Other ActivitiesYes (1)OtherActivitiesInd
Other Activities$252,000OtherActivitiesAmt
Total Lobbying Expenditures$252,000TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationAFAR HAS LAUNCHED THE AMPLIFYING GEROSCIENCE INITIATIVE IN ORDER TO EDUCATE POLICYMAKERS ABOUT THE BROAD AND POTENTIALLY TRANSFORMATIVE BENEFITS OF GEROSCIENCE ON OLDER CITIZENS' HEALTH AND OUR NATION'S ECONOMY.ExplanationTxt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$13,420,593BeginningYearBalanceAmt
Investment Earnings Or Losses$1,795,003InvestmentEarningsOrLossesAmt
Other Expenditures$87,000OtherExpendituresAmt
End Year Balance$15,128,596EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$11,357,344BeginningYearBalanceAmt
Contributions$4,372ContributionsAmt
Investment Earnings Or Losses$2,171,914InvestmentEarningsOrLossesAmt
Other Expenditures$113,037OtherExpendituresAmt
End Year Balance$13,420,593EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$13,669,188BeginningYearBalanceAmt
Contributions$50,000ContributionsAmt
Investment Earnings Or Losses-$2,336,437InvestmentEarningsOrLossesAmt
Other Expenditures$25,407OtherExpendituresAmt
End Year Balance$11,357,344EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$12,588,672BeginningYearBalanceAmt
Contributions$50,000ContributionsAmt
Investment Earnings Or Losses$1,814,912InvestmentEarningsOrLossesAmt
Other Expenditures$784,396OtherExpendituresAmt
End Year Balance$13,669,188EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$11,147,577BeginningYearBalanceAmt
Investment Earnings Or Losses$1,782,265InvestmentEarningsOrLossesAmt
Other Expenditures$341,170OtherExpendituresAmt
End Year Balance$12,588,672EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.26000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.53000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.21000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$27,375OtherCostOrOtherBasisAmt
Depreciation$17,938DepreciationAmt
Book Value$9,437BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$8,665OtherCostOrOtherBasisAmt
Depreciation$8,665DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$9,437TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOPERATING LEASE LIABILITYDesc
Amt$213,076Amt
FieldValueIRS element (for citing)
Total Liability$213,076TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$16,520,953TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$667,032NetUnrealizedGainsInvstAmt
Other Revenue$68,278OtherRevenueAmt
Revenue Not Reported$735,310RevenueNotReportedAmt
Revenue Subtotal$15,785,643RevenueSubtotalAmt
Investment Expenses Not Incld$69,415InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$69,415RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$15,855,058TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$17,100,404TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$17,100,404ExpensesSubtotalAmt
Investment Expenses Not Incld2$69,415InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$520,588OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$590,003ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$17,690,407TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:THE ORGANIZATION HAS APPROXIMATELY TEN DIFFERENT FUNDS ESTABLISHED BY DONORS TO PROVIDE ANNUAL FUNDING FOR SPECIFIC ACTIVITIES AND GENERAL SUPPORTING SERVICES. THE ENDOWMENT ALSO INCLUDES CERTAIN NET ASSETS WITHOUT DONOR RESTRICTIONS THAT HAVE BEEN DESIGNATED BY THE BOARD OF DIRECTORS.
PART X, LINE 2:THE ORGANIZATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY MATERIAL, UNCERTAIN TAX POSITIONS. TAX FILINGS FOR THE PERIODS ENDING DECEMBER 31, 2021 AND LATER ARE SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES.
PART XI, LINE 2D - OTHER ADJUSTMENTS:CHANGES IN BENEFICIAL INTEREST IN CHARITABLE REMAINDER TRUST 68,278.
PART XII, LINE 4B - OTHER ADJUSTMENTS:GRANT WRITE OFFS AND REFUNDS 520,588.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionMIDDLE EASTRegionTxt
Offices0OfficesCnt
Employee0EmployeeCnt
Type Of Activities ConductedGRANTMAKINGTypeOfActivitiesConductedTxt
Region Total Expenditures$33,000RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$33,000SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$33,000TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

FieldValueIRS element (for citing)
RegionMIDDLE EASTRegionTxt
Purpose Of GrantCONFERENCE SUPPORTPurposeOfGrantTxt
Cash Grant$33,000CashGrantAmt
Manner Of Cash DisbursementWIREMannerOfCashDisbursementTxt
Non Cash Assistance$0NonCashAssistanceAmt
FieldValueIRS element (for citing)
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationEACH GRANT REQUIRES REPORTING THAT IS SUBMITTED ACCORDING TO THE DURATION OF THE GRANT, THE AMOUNT OF THE GRANT, AND THE FUNDERS REQUESTS. ALL GRANTS REQUIRE FINAL NARRATIVE AND FINANCIAL REPORTING DUE WITHIN 90 DAYS OF THE GRANT END DATE. THE NARRATIVE REPORTS STATE THE WORK THAT WAS CARRIED OUT ON THE GRANT TO ENSURE IT FALLS WITHIN THE SPECIFIC AIMS OUTLINED IN THE PROPOSAL. THE FINANCIAL REPORTS SHOW THE ORIGINAL BUDGET VERSUS THE ACTUAL EXPENSES. IF A FUNDER REQUESTS IT, A MULTI YEAR GRANT WILL REQUIRE AN INTERIM FINANCIAL REPORT TO BE REVIEWED AND APPROVED BEFORE THE NEXT YEAR OF FUNDING IS SENT. ALL MULTI YEAR GRANTS REQUIRE NARRATIVE REPORTS TO BE REVIEWED AND APPROVED BEFORE THE NEXT YEAR OF FUNDING IS SENT. GRANTS WHERE THE FUNDER DOES NOT REQUEST INTERIM FINANCIAL REPORTS ALLOW FOR AUTOMATIC CARRYOVER OF THE GRANT FUNDS. ALL UNSPENT GRANT FUNDS ARE RETURNED TO AFAR AFTER THE GRANT END DATE. MORE SPECIFIC DETAILS ON THE REPORTING ARE SHOWN VIA OUR REPORTING INSTRUCTIONS VIA THIS LINK: HTTPS://WWW.AFAR.ORG/ADMINISTRATIVE-GUIDELINES. GRANTEES ARE CHOSEN USING A THOROUGH SELECTION PROCESS. APPLICATION GUIDELINES AND DEADLINES ARE POSTED ON OUR WEBSITE. APPLICATIONS ARE COLLECTED AND UNDERGO AN ADMINISTRATIVE REVIEW TO MAKE SURE GUIDELINES ARE MET. THE APPLICANTS THAT MAKE IT PAST THE FIRST ROUND ARE PRESENTED TO A SCIENTIFIC COMMITTEE AND AFAR STAFF MEMBERS WHO REVIEW EACH APPLICATION. REVIEWERS DISCUSS EACH APPLICANT AND SCORE EACH APPLICANT DURING A 2-3 HOUR REVIEW PROCESS. ONCE SELECTED, THE FUNDER AND/OR THE AFAR BOARD APPROVES THE SELECTIONS.ExplanationTxt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Email SolicitationsYes (X)EmailSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndGross ReceiptsGrossReceiptsAmtRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
FORMAN PHILANTHROPIC ADVISORS LLC
16 COBBLEFIELD RDWHITE PLAINSNY10605GENERAL FUNDRAISING CONSULTING0$0$30,000$0
KELLY WHALEN
37 BARKER AVENUEWHITE PLAINSNY10601GENERAL FUNDRAISING CONSULTING0$0$24,209$0
FieldValueIRS element (for citing)
Total Retained By Contractors$54,209TotalRetainedByContractorsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE G, PART I, LINE 2B, COLUMN (V)FormAndLineReferenceDesc
ExplanationGENERAL FUNDRAISING CONSULTANTSExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (57 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
ROCKEFELLER UNIVERSITY
1230 YORK AVENUENEW YORKNY10065131624158501 ( C ) ( 3 )$905,000$0SCIENTIFIC RESEARCH
UNIVERSITY OF CALIFORNIA SAN DIEGO
9500 GILMAN DRIVELA JOLLACA92093956006144501 ( C ) ( 3 )$776,450$0SCIENTIFIC RESEARCH
BOSTON UNIVERSITY
140 COMMONWEALTH AVECHESTNUT HILLMA02467042103545501 ( C ) ( 3 )$757,500$0SCIENTIFIC RESEARCH/CONFERENCE
PENNSYLVANIA STATE UNIVERSITY
227 W BEAVER AVESTATE COLLEGEPA16801246000376501 ( C ) ( 3 )$750,000$0SCIENTIFIC RESEARCH
UNIVERSITY OF MINNESOTA
222 PLEASANT ST SEMINNEAPOLISMN55455416007513501 ( C ) ( 3 )$750,000$0SCIENTIFIC RESEARCH
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
77 MASSACHUSETTS AVECAMBRIDGEMA02139042103594501 ( C ) ( 3 )$525,000$0SCIENTIFIC RESEARCH
UT SOUTHWESTERN MEDICAL CENTER
5323 HARRY HINES BLVDDALLASTX75390756002868501 ( C ) ( 3 )$450,000$0SCIENTIFIC RESEARCH
UNIVERSITY OF MARYLAND BALTIMORE
620 W LEXINGTON STREETBALTIMOREMD21201526002033501 ( C ) ( 3 )$428,978$0SCIENTIFIC RESEARCH
YALE UNIVERSITY
38 HILLHOUSE AVENUENEW HAVENCT06511060646973501 ( C ) ( 3 )$414,453$0SCIENTIFIC RESEARCH
BAYLOR COLLEGE OF MEDICINE
ONE BAYLOR PLAZA BCMT-T100HOUSTONTX77030741613878501 ( C ) ( 3 )$380,000$0SCIENTIFIC RESEARCH
CINCINNATI CHILDRENS HOSPITAL MEDICAL CTR
3333 BURNET AVENUECINCINNATIOH45229310833936501 ( C ) ( 3 )$375,000$0SCIENTIFIC RESEARCH
UNIVERSITY OF ARIZONA
MARSHALL BUILDING 5TH FLOORTUCSONAZ85721742652689501 ( C ) ( 3 )$375,000$0SCIENTIFIC RESEARCH/CONFERENCE
LOUISIANA STATE UNIV AND A&M COLLEGE
202 LIFE SCIENCES BLDGBATON ROUGELA70803726000848501 ( C ) ( 3 )$375,000$0SCIENTIFIC RESEARCH
UNIVERSITY OF VIRGINIA
1001 N EMMET STREETCHARLOTTESVILLEVA22903546001796501 ( C ) ( 3 )$375,000$0SCIENTIFIC RESEARCH
BRIGHAM AND WOMEN'S HOSPITAL INC
75 FRANCIS STREETBOSTONMA02115042312909501 ( C ) ( 3 )$375,000$0SCIENTIFIC RESEARCH
NORTHWESTERN UNIVERSITY
633 CLARK - ROOM G547EVANSTONIL60208362167817501 ( C ) ( 3 )$375,000$0SCIENTIFIC RESEARCH
WASHINGTON UNIVERSITY
1 BROOKINGS DRIVEST LOUISMO63130430653611501 ( C ) ( 3 )$375,000$0SCIENTIFIC RESEARCH
NEW YORK UNIVERSITY
400 LAFAYETTE STREET 4TH FLOORNEW YORKNY10003135562308501 ( C ) ( 3 )$374,828$0SCIENTIFIC RESEARCH
COLUMBIA UNIVERSITY
116TH AND BROADWAYNEW YORKNY10027135598093501 ( C ) ( 3 )$374,514$0SCIENTIFIC RESEARCH
UNIVERSITY OF MICHIGAN
3003 S STATE ST 5TH FLOORANN ARBORMI48109386006309501 ( C ) ( 3 )$300,000$0SCIENTIFIC RESEARCH
MASSACHUSETTS GENERAL HOSPITAL
55 FRUIT STREETBOSTONMA02114042697983501 ( C ) ( 3 )$300,000$0SCIENTIFIC RESEARCH
UNIVERSITY OF CALIFORNIA BERKELEY
2195 HEARST AVENUEBERKELEYCA94720946002123501 ( C ) ( 3 )$155,000$0SCIENTIFIC RESEARCH/CONFERENCE
UNIVERSITY OF ALABAMA BIRMINGHAM
1720 2ND AVE SOUTHBIRMINGHAMAL35294636005396501 ( C ) ( 3 )$154,973$0SCIENTIFIC RESEARCH
UNIVERSITY OF CALIFORNIA LOS ANGELES
405 HILGARD AVENUELOS ANGELESCA90095956006143501 ( C ) ( 3 )$154,104$0SCIENTIFIC RESEARCH
RUTGERS STATE UNIVERSITY NEW JERSEY
33 KNIGHTSBRIDGE ROADPISCATAWAYNJ08854226001086501 ( C ) ( 3 )$150,000$0SCIENTIFIC RESEARCH
BROWN UNIVERSTITY
69 BROWN STREET 2ND FLOORPROVIDENCERI02912050258809501 ( C ) ( 3 )$150,000$0SCIENTIFIC RESEARCH
RESEARCH FOUNDATION FOR SUNY
35 STATE STREETALBANYNY12207141368361501 ( C ) ( 3 )$150,000$0SCIENTIFIC RESEARCH
OKLAHOMA MEDICAL RESEARCH FOUNDATION
825 NE 13TH STOKLAHOMA CITYOK73104730580274501 ( C ) ( 3 )$150,000$0SCIENTIFIC RESEARCH
CORNELL UNIVERSITY
395 PINE TREE ROAD STE 330ITHACANY14850150532082501 ( C ) ( 3 )$150,000$0SCIENTIFIC RESEARCH
UNIVERSITY OF OKLAHOMA
865 RESEARCH PARKWAYOKLAHOMA CITYOK73126731563627501 ( C ) ( 3 )$149,996$0SCIENTIFIC RESEARCH
UNIVERSITY OF CALIFORNIA DAVIS
ONE SHIELDS AVENUEDAVISCA95616946036494501 ( C ) ( 3 )$149,962$0SCIENTIFIC RESEARCH
INDIANA UNIVERSITY
620 UNION DRIVE ROOM 518INDIANAPOLISIN46266356001673501 ( C ) ( 3 )$137,829$0SCIENTIFIC RESEARCH
ALBERT EINSTEIN COLLEGE MEDICINE
1300 MORRIS PARK AVENUEBRONXNY10461830621846501 ( C ) ( 3 )$134,976$0SCIENTIFIC RESEARCH
UNIVERSITY OF WISCONSIN
21 NORTH PARK STREET SUITE 6401MADISONWI53715396006492501 ( C ) ( 3 )$85,000$0SCIENTIFIC RESEARCH
UNIVERSITY OF PENNSYLVANIA
3451 WALNUT STREETPHILADELPHIAPA19104231352685501 ( C ) ( 3 )$75,000$0SCIENTIFIC RESEARCH
MAYO CLINIC
200 FIRST STREE SWROCHESTERMN55905416011702501 ( C ) ( 3 )$75,000$0SCIENTIFIC RESEARCH/CONFERENCE
ST LOUIS UNIVERSITY
ONE NORTH GRAND BLVDST LOUISMO63103430654872501 ( C ) ( 3 )$75,000$0SCIENTIFIC RESEARCH
JOHNS HOPKINS UNIVERSITY
5501 HOPKINS BAYVIEW CIRCLEBALTIMOREMD21224520595110501 ( C ) ( 3 )$74,051$0SCIENTIFIC RESEARCH
RESEARCH INSTITUTE OF FOX CHASE CANCER CTR
333 COTTMAN AVENUEPHILADELPHIAPA19111236296135501 ( C ) ( 3 )$54,000$0SCIENTIFIC RESEARCH
DREXEL UNIVERSITY
1505 RACE STREET - MS 1056PHILADELPHIAPA19102231352630501 ( C ) ( 3 )$54,000$0SCIENTIFIC RESEARCH
UNIVERSITY OF PITTSBURGH
PO BOX 640458PITTSBURGHPA15264250965591501 ( C ) ( 3 )$53,965$0SCIENTIFIC RESEARCH
UNIVERSITY OF ILLINOIS - CHICAGO
28395 NETWORK PLACECHICAGOIL60673376000511501 ( C ) ( 3 )$53,747$0SCIENTIFIC RESEARCH
UNIVERSITY TX HEALTH SCIENCE CTR SAN ANTONIO
7703 FLOYD CURL DRSAN ANTONIOTX78229741586031501 ( C ) ( 3 )$50,000$0SCIENTIFIC RESEARCH
UNIVERSITY OF CALIFORNIA SAN FRANCISCO
1855 FOLSOM STREETSAN FRANCISCOCA94143946036493501 ( C ) ( 3 )$45,629$0SCIENTIFIC RESEARCH
DOG AGING INSTITUTE
23 ELIOT STREET UNIT 1JAMAICA PLAINMA02130934834347501 ( C ) ( 3 )$42,387$0SCIENTIFIC RESEARCH
MARINE BIOLOGICAL LABORATORY
7 MBL STWOODS HOLEMA02543042104690501 ( C ) ( 3 )$25,000$0CONFERENCE SUPPORT
GLOBAL COALITION ON AGING
685 THIRD AVENUE 22ND FLOORNEW YORKNY10017274118914501 ( C ) ( 3 )$25,000$0CONFERENCE SUPPORT
FASEB
9650 ROCKVILLE PIKEBETHESDAMD20814520700497501 ( C ) ( 3 )$25,000$0CONFERENCE SUPPORT
AMERICAN GERIATRICS SOCIETY
40 FULTON STREET SUITE 809NEW YORKNY10038131950896501 ( C ) ( 3 )$17,505$0SCIENTIFIC RESEARCH
AMERICAN AGING ASSOCIATION
1123 COMANCHE PATHBANDERATX78003237364654501 ( C ) ( 3 )$12,150$0SCIENTIFIC RESEARCH/CONFERENCE
ALLIANCE FOR LONGEVITY INITIATIVES
910 17TH STREET STE 314WASHINGTONDC20006862957258501 ( C ) ( 3 )$10,000$0CONFERENCE SUPPORT
UNIVERSITY OF SOUTHERN CALIFORNIA
3500 S FIGUEROALOS ANGELESCA90089951642394501 ( C ) ( 3 )$10,000$0SCIENTIFIC RESEARCH/CONFERENCE
UNIVERSITY OF SOUTH CAROLINA
1600 HAMPTON STREETCOLUMBIASC29208576000722501 ( C ) ( 3 )$10,000$0CONFERENCE SUPPORT
SANFORD-BURNHAM PREBYS MED DISC INST
10901 NORTH TORREY PINES RDLA JOLLACA92037510197108501 ( C ) ( 3 )$10,000$0CONFERENCE SUPPORT
OHIO STATE UNIVERSITY
1960 KENNY ROADCOLUMBUSOH43210316025986501 ( C ) ( 3 )$10,000$0SCIENTIFIC RESEARCH
NEW YORK ACADEMY OF SCIENCES
115 BROADWAY 8TH FLOORNEW YORKNY10006131773640501 ( C ) ( 3 )$10,000$0CONFERENCE SUPPORT
SOCIETY FOR MUSCLE BIOLOGY
6120 EXECUTIVE BLVD STE 725ROCKVILLEMD20852753027179501 ( C ) ( 3 )$7,500$0CONFERENCE SUPPORT
FieldValueIRS element (for citing)
Total501c3 Org57Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPS & HONORARY AWARDSGrantTypeTxt
Recipient5RecipientCnt
Cash Grant$22,500CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationEACH GRANT REQUIRES REPORTING THAT IS SUBMITTED ACCORDING TO THE DURATION OF THE GRANT, THE AMOUNT OF THE GRANT, AND THE FUNDERS REQUESTS. ALL GRANTS REQUIRE FINAL NARRATIVE AND FINANCIAL REPORTING DUE WITHIN 90 DAYS OF THE GRANT END DATE. THE NARRATIVE REPORTS STATE THE WORK THAT WAS CARRIED OUT ON THE GRANT TO ENSURE IT FALLS WITHIN THE SPECIFIC AIMS OUTLINED IN THE PROPOSAL. THE FINANCIAL REPORTS SHOW THE ORIGINAL BUDGET VERSUS THE ACTUAL EXPENSES. IF A FUNDER REQUESTS IT, A MULTI YEAR GRANT WILL REQUIRE AN INTERIM FINANCIAL REPORT TO BE REVIEWED AND APPROVED BEFORE THE NEXT YEAR OF FUNDING IS SENT. ALL MULTI YEAR GRANTS REQUIRE NARRATIVE REPORTS TO BE REVIEWED AND APPROVED BEFORE THE NEXT YEAR OF FUNDING IS SENT. GRANTS WHERE THE FUNDER DOES NOT REQUEST INTERIM FINANCIAL REPORTS ALLOW FOR AUTOMATIC CARRYOVER OF THE GRANT FUNDS. ALL UNSPENT GRANT FUNDS ARE RETURNED TO AFAR AFTER THE GRANT END DATE. MORE SPECIFIC DETAILS ON THE REPORTING ARE SHOWN VIA OUR REPORTING INSTRUCTIONS VIA THIS LINK: HTTPS:// WWW.AFAR.ORG/ADMINISTRATIVE-GUIDELINES. GRANTEES ARE CHOSEN USING A THOROUGH SELECTION PROCESS. APPLICATION GUIDELINES AND DEADLINES ARE POSTED ON OUR WEBSITE. APPLICATIONS ARE COLLECTED AND UNDERGO AN ADMINISTRATIVE REVIEW TO MAKE SURE GUIDELINES ARE MET. THE APPLICANTS THAT MAKE IT PAST THE FIRST ROUND ARE PRESENTED TO A SCIENTIFIC COMMITTEE AND AFAR STAFF MEMBERS WHO REVIEW EACH APPLICATION. REVIEWERS DISCUSS EACH APPLICANT AND SCORE EACH APPLICANT DURING A 2-3 HOUR REVIEW PROCESS. ONCE SELECTED, THE FUNDER AND/OR THE AFAR BOARD APPROVES THE SELECTIONS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
STEPHANIE LEDERMAN
EXECUTIVE DIRECTOR$442,719$0$0$0$0$0$43,988$0$37,739$0$524,446$0$0$0
ODETTE VAN DER WILLIK
PROGRAM DIRECTOR$250,194$0$0$0$0$0$25,104$0$38,338$0$313,636$0$0$0
FREDERICA BLUM
FINANCE DIRECTOR$188,553$0$0$0$0$0$19,185$0$19,183$0$226,921$0$0$0
JOHN CHAICH
COMMUNICATIONS DIRECTOR$162,879$0$0$0$0$0$16,301$0$19,203$0$198,383$0$0$0
HATTIE HERMAN
SR PROGRAM OFFICER I$142,032$0$0$0$0$0$14,490$0$20,143$0$176,665$0$0$0
KELLY WHALEN
DEVELOPMENT DIRECTOR$143,783$0$0$0$0$0$0$0$16,503$0$160,286$0$0$0
LEE NUNLEY
STRAT PROG MGR/DEV OFF$136,339$0$0$0$0$0$0$0$19,803$0$156,142$0$0$0
CATHERINE CULLAR
ADMINISTRATIVE MANAGER$122,169$0$0$0$0$0$12,312$0$19,365$0$153,846$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2THE FOLLOWING INDIVIDUALS HAVE A FAMILY RELATIONSHIP RICHARD BESDINE AND TERRIE FOX WETLE AND NIR BARZILAI AND LAURA BARZILAI.
FORM 990, PART VI, SECTION B, LINE 11BAFAR'S FINANCE COMMITTEE PERFORMS THE INITIAL REVIEW OF THE DRAFT 990 DOCUMENT. THE FINANCE COMMITTEE REQUESTS CHANGES AS NEEDED AND APPROVES THE DOCUMENT. AFTER COMMITTEE APPROVAL HAS BEEN OBTAINED, THE MEMBERS OF THE AFAR BOARD OF DIRECTORS ARE PROVIDED WITH A COPY OF THE FINAL VERSION OF THE FORM 990. THE EXECUTIVE DIRECTOR THEN PROVIDES APPROVAL FOR EFILING WITH THE APPROPRIATE AGENCY.
FORM 990, PART VI, SECTION B, LINE 12CAT THE BEGINNING OF EACH FISCAL YEAR, AFAR DIRECTORS ARE SENT A COPY OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY FOR THEIR REVIEW AND SIGNATURE. DIRECTORS RETURN THE EXECUTED COPIES TO THE ORGANIZATION. DIRECTORS ARE ALSO ASKED TO INFORM THE BOARD CHAIR AND EXECUTIVE DIRECTOR OF ANY POSSIBLE CONFLICTS OF INTEREST THAT ARISE DURING THE COURSE OF THE YEAR. EACH CASE REPORTED IS EVALUATED SEPARATELY AND AN APPROPRIATE DETERMINATION/RESOLUTION IS REACHED.
FORM 990, PART VI, SECTION B, LINE 15ATHE ORGANIZATION'S BOARD OF DIRECTORS HAS A COMPENSATION ANALYSIS TASK FORCE THAT IS EMPOWERED TO PERIODICALLY REVIEW THE COMPENSATION OF THE CHIEF EXECUTIVE (EXECUTIVE DIRECTOR) OF THE ORGANIZATION AND THE DEPUTY EXECUTIVE (DEPUTY EXECUTIVE DIRECTOR). THE PROCESS INCLUDES A REVIEW OF THE COMPENSATION OF EXECUTIVE DIRECTORS AND SIMILAR POSITIONS AT LIKE-MINDED ORGANIZATIONS, REVIEW OF RECENT NOT-FOR-PROFIT COMPENSATION SURVEYS AND CLOSED SESSION DISCUSSIONS ON THE RECENT OVERALL PERFORMANCE OF THE EXECUTIVE DIRECTOR AND THE DEPUTY EXECUTIVE DIRECTOR. THE COMPENSATION ANALYSIS TASK FORCE, IN CONJUNCTION WITH THE BOARD CHAIR, SETS THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND THE DEPUTY EXECUTIVE DIRECTOR. THE COMPENSATION REVIEW PROCESS WAS LAST UNDERTAKEN IN AUGUST 2022.
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS OF THE ORGANIZATION ARE AVAILABLE FOR INSPECTION BY THE PUBLIC UPON REQUEST IN ELECTRONIC OR HARD COPY FORMAT. THE ORGANIZATION'S CONFLICT OF INTEREST, WHISTLEBLOWER AND DOCUMENT RETENTION POLICIES ARE AVAILABLE UPON REQUEST FOR INSPECTION BY THE PUBLIC IN ELECTRONIC OR HARD COPY FORMAT. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE ON AFAR'S WEBSITE.
FORM 990, PART XI, LINE 9:CHANGES IN BENEFICIAL INTEREST IN CHARITABLE REMAINDER TRUST 68,278. GRANT WRITE OFFS AND REFUNDS 520,588.
FORM 990, PART XII, LINE 2CTHE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.