STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

AMERICAN ASSOCIATION FOR THE STUDY OF LIVER DISEASES FOUNDATION: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
AMERICAN ASSOCIATION FOR THE STUDY OF LIVER DISEASES FOUNDATION (EIN 46-4495751)
Tax period
2015-07-01 to 2016-06-30
Filed
2017-05-05
IRS object ID
201721259349300712
Schema version
2015v3.0
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)
Return2017-05-05T08:38:08-05:00ReturnTs
Tax Period End2016-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521392008PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GELMAN ROSENBERG & FREEDMANBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14550 MONTGOMERY AVE SUITE 650NAddressLine1Txt
CityBETHESDACityNm
State AbbreviationMDStateAbbreviationCd
ZIP208142930ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN464495751EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AMERICAN ASSOCIATION FOR THE STUDY OFBusinessNameLine1Txt
Business Name Line2LIVER DISEASES FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlAMERBusinessNameControlTxt
Phone7032999766PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11001 NORTH FAIRFAX STREET NO 400AddressLine1Txt
CityALEXANDRIACityNm
State AbbreviationVAStateAbbreviationCd
ZIP22314ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTEVEN ECHARDPersonNm
Person TitleCEOPersonTitleTxt
Phone7032999766PhoneNum
Signature2017-05-05SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTERRI MCKNIGHT CPAPreparerPersonNm
PTINP00543022PTIN
Phone3019519090PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSTEVEN ECHARDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11001 NORTH FAIRFAX STREET NO 400AddressLine1Txt
CityALEXANDRIACityNm
State AbbreviationVAStateAbbreviationCd
ZIP22314ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,242,247GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.AASLD.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2013FormationYr
Legal Domicile StateVALegalDomicileStateCd
Activity Or MissionSEE PART III, LINE 1ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers41TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$14,928,463PYContributionsGrantsAmt
CY Contributions Grants$2,995,441CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$314,374PYInvestmentIncomeAmt
CY Investment Income$126,477CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$15,242,837PYTotalRevenueAmt
CY Total Revenue$3,121,918CYTotalRevenueAmt
PY Grants And Similar Paid$2,403,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$2,624,998CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$335,021PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$468,369CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$53,348CYTotalFundraisingExpenseAmt
PY Other Expenses$305,215PYOtherExpensesAmt
CY Other Expenses$404,222CYOtherExpensesAmt
PY Total Expenses$3,043,236PYTotalExpensesAmt
CY Total Expenses$3,497,589CYTotalExpensesAmt
PY Revenues Less Expenses$12,199,601PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$375,671CYRevenuesLessExpensesAmt
Total Assets BOY$14,193,422TotalAssetsBOYAmt
Total Assets EOY$13,956,841TotalAssetsEOYAmt
Total Liabilities BOY$1,943,218TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,217,186TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$12,250,204NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$11,739,655NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE AASLD FOUNDATION'S MISSION IS TO INVEST IN INNOVATIVE HEPATOLOGY RESEARCH AND IN THE PEOPLE WHO STUDY AND TREAT LIVER DISEASE. AS SUCH, WE ARE THE LARGEST PRIVATE SUPPORTER OF HEPATOLOGY RESEARCH IN THE UNITED STATES, CONTRIBUTING NEARLY $5 MILLION IN AWARDS TO ADVANCEMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,027,740ExpenseAmt
Grant$2,624,998GrantAmt
Revenue$0RevenueAmt
DescAASLD FOUNDATION INVESTS IN INNOVATIVE HEPATOLOGY RESEARCH AND IN THE PEOPLE WHO STUDY AND TREAT LIVER DISEASE THROUGH ITS RESEARCH AND CAREER DEVELOPMENT AWARDS PROGRAM. THE AASLD FOUNDATION PROVIDES GRANTS TO INSTITUTIONS TO SUPPORT THE RESEARCH WORK OF YOUNG INVESTIGATORS AND THE SPECIALIZED EDUCATION OF FELLOWS, TRAINEES, AND OTHER FRONT-LINE PROVIDERS. AASLD FOUNDATION'S CLINICAL TRAINING AWARDS ARE ONE YEAR AWARDS MADE TO FOURTH YEAR HEPATOLOGY FELLOWS ENROLLED IN AN ACCREDITED ADULT OR PEDIATRIC TRANSPLANT HEPATOLOGY PROGRAM OR TO NURSE PRACTITIONERS/PHYSICIANS ASSISTANTS SEEKING ADVANCED TRAINING IN LIVER DISEASE. THESE AWARDS PROVIDE SALARY AND BENEFIT SUPPORT TO PROTECT AWARDEES' TIME WHILE THEY PURSUE ADVANCED CLINICAL TRAINING IN HEPATOLOGY. AASLD FOUNDATION RESEARCH AWARDS ARE MADE TO YOUNG INVESTIGATORS PURSUING LIVER-RELATED RESEARCH, AND RANGE FROM ONE YEAR, $20,000 TO THREE YEARS, $300,000. FUNDS CAN BE USED ONLY FOR THE AWARDEE'S SALARY SUPPORT OR RESEARCH SUPPORT/SUPPLIES RELATED TO THE FUNDED PROJECT. NO INDIRECT COSTS ARE ALLOWED. THE AASLD FOUNDATION ALSO PROVIDES TRAVEL AWARDS TO YOUNG INVESTIGATORS WHO SUBMIT PROMISING RESEARCH TO BE PRESENTED AT THE LIVER MEETING . THESE AWARDS ENCOURAGE THE EXCHANGE OF INNOVATIVE IDEAS IN HEPATOLOGY, AND HELP DEVELOP YOUNG INVESTIGATORS BY ALLOWING THEM TO BE ABLE TO PRESENT THEIR WORK TO AN INTERNATIONAL AUDIENCE. AASLD FOUNDATION CLOSELY MONITORS AWARD RECIPIENTS THROUGH INTERIM PROGRESS AND FISCAL REPORTS FROM THE RECIPIENT AND INSTITUTION REGARDING SCIENTIFIC PROGRESS AND USE OF FUNDS. THE RECEIPT OF EACH SUBSEQUENT YEAR OF FUNDING IS CONTINGENT ON THE REVIEW AND APPROVAL OF INTERIM REPORTS BY THE RESEARCH AWARDS COMMITTEE. FINAL PROGRESS AND FISCAL REPORTS ARE REQUIRED AT THE END OF THE AWARD PERIOD.Desc
Total Program Service Expenses$3,027,740TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
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 StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document29IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
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
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
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 CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldALStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldHIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
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 FldMSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNMStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldRIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldUTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWVStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1W RAY KIMBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7032999766PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11001 NORTH FAIRFAX STREET NO 400AddressLine1Txt
CityALEXANDRIACityNm
State AbbreviationVAStateAbbreviationCd
ZIP22314ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt
BRUCE R BACON
CHAIR5.00Yes (X)Yes (X)$15,000$0$0
W RAY KIM
TREASURER5.00Yes (X)Yes (X)$0$15,000$05.00
GYONGYI SZABO
TRUSTEE5.00Yes (X)$0$0$05.00
MICHAEL W FRIED
TRUSTEE5.00Yes (X)$0$0$05.00
STEVEN L FLAMM
TRUSTEE5.00Yes (X)$0$0$0
CARA LYNN MACK
TRUSTEE5.00Yes (X)$0$0$0
K RAJENDER REDDY
TRUSTEE5.00Yes (X)$0$0$05.00
ARUN J SANYAL
TRUSTEE5.00Yes (X)$0$0$0
STEVEN ECHARD
CHIEF EXECUTIVE OFFICER15.00Yes (X)$0$359,665$62,08127.00
NELLIE SARKISSIAN
CHIEF OPERATING OFFICER2.00Yes (X)$0$220,744$30,43040.00
JULIE DEAL
EXECUTIVE DIRECTOR5.00Yes (X)$0$175,514$32,18537.00
FieldValueIRS element (for citing)
Total Reportable Comp From Org$15,000TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$770,923TotReportableCompRltdOrgAmt
Total Other Compensation$124,696TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Related Organizations$1,000,000RelatedOrganizationsAmt
All Other Contributions$1,995,441AllOtherContributionsAmt
Total Contributions$2,995,441TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$261,056TotalRevenueColumnAmt
Exclusion$261,056ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$985,750SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$1,120,329SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$134,579SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$134,579TotalRevenueColumnAmt
Exclusion-$134,579ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,121,918TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$126,477ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$2,546,998TotalAmt
Program Services$2,546,998ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$78,000TotalAmt
Program Services$78,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$214,313TotalAmt
Program Services$115,571ProgramServicesAmt
Management And General$98,742ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$56,781TotalAmt
Program Services$12,764ProgramServicesAmt
Management And General$25,705ManagementAndGeneralAmt
Fundraising$18,312FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$28,378TotalAmt
Program Services$12,414ProgramServicesAmt
Management And General$12,297ManagementAndGeneralAmt
Fundraising$3,667FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$100,891TotalAmt
Program Services$48,323ProgramServicesAmt
Management And General$43,374ManagementAndGeneralAmt
Fundraising$9,194FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$68,006TotalAmt
Program Services$33,366ProgramServicesAmt
Management And General$29,139ManagementAndGeneralAmt
Fundraising$5,501FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$18,754TotalAmt
Management And General$14,451ManagementAndGeneralAmt
Fundraising$4,303FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$17,568TotalAmt
Management And General$17,568ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$6,233TotalAmt
Management And General$6,233ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$41,530TotalAmt
Program Services$250ProgramServicesAmt
Management And General$41,030ManagementAndGeneralAmt
Fundraising$250FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$28,062TotalAmt
Program Services$11,228ProgramServicesAmt
Management And General$16,834ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$20,569TotalAmt
Program Services$11,355ProgramServicesAmt
Management And General$8,075ManagementAndGeneralAmt
Fundraising$1,139FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$7,151TotalAmt
Program Services$3,622ProgramServicesAmt
Management And General$2,904ManagementAndGeneralAmt
Fundraising$625FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$113,013TotalAmt
Program Services$57,309ProgramServicesAmt
Management And General$45,844ManagementAndGeneralAmt
Fundraising$9,860FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$56,336TotalAmt
Program Services$47,200ProgramServicesAmt
Management And General$9,136ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$65,353TotalAmt
Program Services$39,094ProgramServicesAmt
Management And General$25,832ManagementAndGeneralAmt
Fundraising$427FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
DESIGN SERVICES$28,265$9,887$18,378
REPAIRS & MAINTENANCE$795$359$366$70
MEMBERSHIP DUES$393$393
STAFF DEVELOPMENT$200$200

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,497,589TotalAmt
Program Services$3,027,740ProgramServicesAmt
Management And General$416,501ManagementAndGeneralAmt
Fundraising$53,348FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$81,458BOYAmt
EOY$105,282EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$289,608BOYAmt
EOY$414,004EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,825,838BOYAmt
EOY$2,357,298EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$69,485BOYAmt
EOY$43,515EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$143BOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$10,926,890BOYAmt
EOY$11,036,742EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$14,193,422BOYAmt
EOY$13,956,841EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$13,213BOYAmt
EOY$99EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$1,922,250BOYAmt
EOY$2,169,697EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,755BOYAmt
EOY$47,390EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,943,218BOYAmt
EOY$2,217,186EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,977,037BOYAmt
EOY$6,896,728EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,273,167BOYAmt
EOY$3,842,927EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,000,000BOYAmt
EOY$1,000,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$12,250,204BOYAmt
EOY$11,739,655EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$14,193,422BOYAmt
EOY$13,956,841EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$375,671ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$134,878NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

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

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$14,928,463CurrentTaxYearMinus1YearAmt
Current Tax Year$2,995,441CurrentTaxYearAmt
Total$17,923,904TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$14,928,463CurrentTaxYearMinus1YearAmt
Current Tax Year$2,995,441CurrentTaxYearAmt
Total$17,923,904TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$14,550,692SubstantialContributorsTotAmt
Public Support Total170$3,373,212PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$301,106CurrentTaxYearMinus1YearAmt
Current Tax Year$261,056CurrentTaxYearAmt
Total$562,162TotalAmt
FieldValueIRS element (for citing)
Total Support$18,486,066TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

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$2,115,609BeginningYearBalanceAmt
Contributions$250,000ContributionsAmt
Investment Earnings Or Losses$1,000InvestmentEarningsOrLossesAmt
Other Expenditures$500OtherExpendituresAmt
End Year Balance$2,366,109EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Contributions$2,115,609ContributionsAmt
Investment Earnings Or Losses$32,100InvestmentEarningsOrLossesAmt
Other Expenditures$32,100OtherExpendituresAmt
End Year Balance$2,115,609EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.42290BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.42260PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.15450TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO AASLDDesc
Amt$47,390Amt
FieldValueIRS element (for citing)
Total Liability$47,390TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,980,807TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$134,878NetUnrealizedGainsInvstAmt
Revenue Not Reported-$134,878RevenueNotReportedAmt
Revenue Subtotal$3,115,685RevenueSubtotalAmt
Investment Expenses Not Incld$6,233InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$6,233RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,121,918TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,491,356TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$3,491,356ExpensesSubtotalAmt
Investment Expenses Not Incld2$6,233InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$6,233ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,497,589TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:DONOR RESTRICTED ENDOWMENT ASSETS ARE HELD IN PERPETUITY AND INVESTED IN AN ATTEMPT TO PROVIDE A STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWED ASSETS. BOARD DESIGNATED ASSETS ARE UNRESTRICTED AND CURRENTLY SET ASIDE TO SUPPORT THE RESEARCH PROGRAMS AND AWARDS. THE PRIOR YEAR NET ASSET COLUMN HAS BEEN UPDATED TO REFLECT THE ACCURATE BALANCE OF THE ENDOWMENT FUND.
PART X, LINE 2:FOR THE YEAR ENDED JUNE 30, 2016, THE AASLD FOUNDATION HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.

Schedule F IRS990ScheduleF

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

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionNORTH AMERICARegionTxt
Offices0OfficesCnt
Employee0EmployeeCnt
Type Of Activities ConductedGRANTS TO RECIPIENTS LOCATED IN REGIONTypeOfActivitiesConductedTxt
Region Total Expenditures$78,000RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continutation Total Office0ContinutationTotalOfficeCnt
Continutation Total Employee0ContinutationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$78,000SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$78,000TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp

FieldValueIRS element (for citing)
RegionNORTH AMERICARegionTxt
Purpose Of GrantEDUCATIONAL AWARDPurposeOfGrantTxt
Cash Grant$78,000CashGrantAmt
Manner Of Cash DisbursementCHECKMannerOfCashDisbursementTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
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
ExplanationAASLD FOUNDATION HAS A RESEARCH AWARDS COMMITTEE THAT REVIEWS ALL APPLICATIONS FOR SCIENTIFIC MERIT THROUGH A PEER REVIEW SELECTION PROCESS. COMMITTEE MEMBERS ARE CHOSEN FOR THEIR EXPERTISE IN HEPATOLOGY, AND THE PEER REVIEW PROCESS IS STRUCTURED TO ENSURE REVIEWS ARE FAIR AND FREE OF BIAS. ONCE THE AWARDEE HAS BEEN SELECTED, THE AASLD FOUNDATION MONITORS THEIR PERFORMANCE AND PROVIDES PROGRESS REPORTS, INCLUDING FINANCIAL INFORMATION, TO THE DONOR.ExplanationTxt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (16 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
UNIVERSITY OF KANSAS MEDICAL CENTER RESEARCH INSTITUTE INC
3901 RAINBOW BOULEVARD MS 1039KANSAS CITYKS66160481108830501(C)(3)$300,000PINNACLE RESEARCH AWARD
WEILL CORNELL MEDICAL COLLEGE
1300 YORK AVENUENEW YORKNY10065131623978501(C)(3)$300,000PINNACLE RESEARCH AWARD
THE GENERAL HOSPITAL CORPORATION
PO BOX 414876BOSTONMA022414876042697983501(C)(3)$360,000PINNACLE RESEARCH AWARD AND ADVANCED/TRANSPLANT HEPATOLOGY FELLOWSHIP
THE REGENTS OF THE UNIVERISTY OF MICHIGAN
3003 S STATE STREET 5082 WOLVERINEANN ARBORMI481091287386006309501(C)(3)$450,000PINNACLE RESEARCH AWARD AND CLINICAL AND TRANSLATIONAL RESEARCH AWARDTOWER
BETH ISRAEL DEACONESS MEDICAL CENTER INC
330 BROOKLINE AVENUEBOSTONMA02215042103881501(C)(3)$150,000ALAN HOFMANN CLINICAL AND TRANSLATIONAL RESEARCH AWARD
MAYO CLINIC
200 FIRST STREET SWROCHESTERMN55905416011702501(C)(3)$225,000CLINICAL AND TRANSLATIONAL RESEARCH AWARD AND AASLD FOUNDATION/LIFER AWARD
UNIVERSITY OF MASSACHUSETTS WORCHESTER
55 LAKE AVENUE NORTHWORCHESTERMA01655043167352501(C)(3)$90,000CAREER DEVELOPMENT AWARD IN LIVER TRANSPLANTATION
THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA
3451 WALNUT STREET P221PHILADELPHIAPA19104231352685501(C)(3)$78,000NP/PA CLINICAL HEPATOLOGY FELLOWSHIP
UNIVERSITY OF MIAMI
PO BOX 405803ATLANTAGA303845803590624458501(C)(3)$78,000NP/PA CLINICAL HEPATOLOGY FELLOWSHIP
UNIVERSITY OF MISSISSIPPI MEDICAL CENTER
2500 NORTH STATE STREETJACKSONMS39216646008520501(C)(3)$78,000NP/PA CLINICAL HEPATOLOGY FELLOWSHIP
UNIVERSITY OF KENTUCKY
PETERSON SERVICE BLDG ROOM 322LEXINGTONKY40506616001218501(C)(3)$78,000NP/PA CLINICAL HEPATOLOGY FELLOWSHIP
CHILDREN'S HOSPITAL MEDICAL CENTER
3333 BURNET AVENUECINCINNATIOH45229310833936501(C)(3)$60,000ADVANCED/TRANSPLANT HEPATOLOGY FELLOWSHIP
THE REGENTS OF THE UNIVERSITY OF CALIFORNIA SAN FRANCISCO
1855 FOLSOM STREET BOX 0812SAN FRANCISCOCA94143946036493501(C)(3)$60,000ADVANCED/TRANSPLANT HEPATOLOGY FELLOWSHIP
UNIVERSITY OF ALABAMA BIRMINGHAM
701 20TH STREET S-AB620BIRMINGHAMAL352940106636005396501(C)(3)$60,000ADVANCED/TRANSPLANT HEPATOLOGY FELLOWSHIP
THE RECTOR AND VISITORS OF THE UNIVERSITY OF VIRGINIA
1001 NORTH EMMET STREETCHARLOTTESVILLEVA22904546001796501(C)(3)$60,000ADVANCED/TRANSPLANT HEPATOLOGY FELLOWSHIP
VIRGINIA COMMONWEALTH UNIVERSITY
PO BOX 843035RICHMONDVA23284546001758501(C)(3)$60,000ADVANCED/TRANSPLANT HEPATOLOGY FELLOWSHIP
FieldValueIRS element (for citing)
Total501c3 Org16Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationAASLD FOUNDATION HAS A RESEARCH AWARDS COMMITTEE THAT REVIEWS ALL APPLICATIONS FOR SCIENTIFIC MERIT THROUGH A PEER REVIEW SELECTION PROCESS. COMMITTEE MEMBERS ARE CHOSEN FOR THEIR EXPERTISE IN HEPATOLOGY, AND THE PEER REVIEW PROCESS IS STRUCTURED TO ENSURE REVIEWS ARE FAIR AND FREE OF BIAS. ONCE THE AWARDEE HAS BEEN SELECTED, THE AASLD FOUNDATION MONITORS THEIR PERFORMANCE AND PROVIDES PROGRESS REPORTS, INCLUDING FINANCIAL INFORMATION, TO THE DONOR.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
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 (3 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
STEVEN ECHARD
CHIEF EXECUTIVE OFFICER$0$343,665$0$16,000$0$0$0$32,960$0$29,121$0$421,746$0$0
NELLIE SARKISSIAN
CHIEF OPERATING OFFICER$0$219,744$0$1,000$0$0$0$21,495$0$8,935$0$251,174$0$0
JULIE DEAL
EXECUTIVE DIRECTOR$0$174,514$0$1,000$0$0$0$17,389$0$14,796$0$207,699$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationAASLD FOUNDATION RELIES ON A RELATED ORGANIZATION, AASLD, TO DETERMINE COMPENSATION. AASLD USES THE FOLLOWING TO ESTABLISH COMPENSATION: - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - COMPENSATION SURVEY AND STUDY - APPROVAL BY THE GOVERNING BOARD OR COMPENSATION COMMITTEEExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I LINE 8 - PRIOR YEAR CONTRIBUTIONS AND GRANTSTRANSFER OF ASSETS FROM AASLD - TO FUND AASLD FOUNDATION, THE ASSOCIATION'S GOVERNING BOARD AUTHORIZED AN INITIAL TRANSFER OF NET ASSETS OF $11,061,556 (COMPRISED OF RESEARCH AWARDS AND GRANTS). SUBSEQUENTLY, THE GOVERNING BOARD ALSO AUTHORIZED THE TRANSFER OF $35,020 OF MEMORIAL TRAVEL AWARDS TO THE AASLD FOUNDATION, BRINGING THE TOTAL TRANSFERS OF NET ASSETS TO $11,096,576.
FORM 990, PART III, LINE 1CRUCIAL LIVER RESEARCH SINCE OUR INCEPTION IN LATE 2014. WE ACHIEVE OUR MISSION THROUGH INITIATIVES DESIGNED TO: (1) INCREASE AWARENESS OF LIVER DISEASE AND THE NEED FOR MORE LIVER RESEARCH AND TRAINING, (2) FUND MORE INNOVATIVE LIVER RESEARCH AND CAREER DEVELOPMENT OPPORTUNITIES, (3) DEVELOP THE NEXT GENERATION OF HEPATOLOGISTS, LIVER TRANSPLANT SURGEONS, AND HEALTH PROFESSIONALS WHO WILL CARE FOR LIVER DISEASE PATIENTS. WITH LIVER DISEASE ON THE RISE AND THE PROMISE OF MORE CURES MADE POSSIBLE THROUGH NEW DISCOVERY, NOW, MORE THAN EVER, WE NEED MORE RESEARCH FOCUSED ON LIVER DISEASE. AND, WE NEED MORE HEPATOLOGISTS AND HEALTHCARE PROFESSIONALS TRAINED TO PROVIDE CARE FOR PATIENTS SUFFERING FROM LIVER DISEASE. THE AASLD FOUNDATION WAS ESTABLISHED TO FULFILL THESE NEEDS. SINCE OUR INCEPTION, WE HAVE BEEN TAKING BOLD ACTIONS AND SEEING TREMENDOUS RESULTS. IN 2016, WITH THE HELP OF OUR GENEROUS DONORS, WE INVESTED JUST OVER $2.56 MILLION IN RESEARCH AND CAREER DEVELOPMENT AWARDS, FUNDING INNOVATIVE NEW RESEARCH AND ENCOURAGING MORE RESEARCHERS TO CHOOSE A CAREER IN LIVER RESEARCH. WE ALSO COMMITTED $65 THOUSAND IN TRAVEL AWARDS THAT FACILITATED PARTICIPATION OF YOUNG INVESTIGATORS' ATTENDANCE, AND PRESENTATION OF THEIR ORIGINAL RESEARCH, DURING THE LIVER MEETING, WHICH IS ONE OF THE MOST RENOWNED SCIENTIFIC AND EDUCATIONAL EVENTS IN LIVER DISEASE, OFFERING CAREER-SHAPING EXPERIENCES AND NETWORKING FOR THESE BRIGHT MINDS. THE IMPACT OF THE FOUNDATION'S POPULAR FUNDAMENTALS OF LIVER DISEASE WAS ENHANCED WITH THE ADDITION OF SEVERAL NEW MODULES. THIS COMPLIMENTARY ONLINE EDUCATION COURSE IS ESPECIALLY DESIGNED FOR PRIMARY CARE DOCTORS AND HEALTH CARE PROVIDERS ON THE FRONT LINES OF IMPLEMENTING SCREENING RECOMMENDATIONS FOR LIVER DISEASES. IT IS AN IMPORTANT EXAMPLE OF OUR COMMITMENT TO INCREASING THE NUMBER OF HEALTH CARE PROFESSIONALS TRAINED TO CARE FOR THE GROWING NUMBER OF PATIENTS WITH LIVER DISEASE. OUR AWARD-WINNING WEBSITE, AASLDFND.ORG PROVIDES INFORMATION ABOUT THE IMPACT OF OUR PROGRAMS, AS WELL AS WAYS THAT PEOPLE AND COMPANIES CONCERNED ABOUT LIVER DISEASE CAN HELP US DO MORE THROUGH A DONATION TO SUPPORT MORE RESEARCH, AND EVENTUALLY, CURES.
FORM 990, PART VI, SECTION A, LINE 6THERE IS ONE VOTING MEMBER OF THE CORPORATION, THE AMERICAN ASSOCIATION FOR THE STUDY OF LIVER DISEASES (AASLD).
FORM 990, PART VI, SECTION A, LINE 7AAASLD HAS THE POWER TO APPOINT THE MEMBERS OF THE BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION A, LINE 7BAASLD HAS THE POWER TO ALTER, AMEND OR REPEAL THE BYLAWS OF THE CORPORATION OR TO ADOPT NEW BYLAWS.
FORM 990, PART VI, SECTION B, LINE 11AFTER BEING PREPARED BY AASLD FOUNDATION'S OUTSIDE ACCOUNTANTS, THE FORM 990 IS REVIEWED BY SENIOR MANAGEMENT AND OUTSIDE LEGAL COUNSEL, THEN PROVIDED TO THE AASLD FOUNDATION BOARD OF TRUSTEES AND THE AASLD GOVERNING BOARD FOR REVIEW BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CAN AASLD FOUNDATION DISCLOSURE FORM IS COMPLETED BY ALL MEMBERS OF THE BOARD OF TRUSTEES, COMMITTEES, AND TASK FORCES UPON NOMINATION AND/OR APPOINTMENT. THE FORM IS UPDATED THEREAFTER DURING EACH PERSON'S TENURE OF OFFICE, AS NECESSARY. COMMITTEE CHAIRS MAKE FORMS AVAILABLE AT ALL MEETINGS. IF IT IS DETERMINED THAT A CONFLICT EXISTS, THE BOARD OF TRUSTEES ADVISE THE TRUSTEE TO TAKE ACTIONS INCLUDING THE FOLLOWING POSSIBLE ACTIONS: - DIVEST OR RESIGN FROM THE CONFLICT IN QUESTION; - ABSTAIN FROM DISCUSSION AND VOTING ON MATTERS INVOLVING THE CONFLICT; OR - EXCUSE HIM/HERSELF FROM PARTICIPATING IN SUCH MATTERS.
FORM 990, PART VI, SECTION B, LINE 15AASLD FOUNDATION RELIES ON A RELATED ORGANIZATION, AASLD, TO DETERMINE COMPENSATION. AASLD PERFORMS ANNUAL SALARY REVIEWS FOR EACH STAFF POSITION AND ADJUSTS COMPENSATION LEVELS AS NECESSARY. ANNUAL COMPENSATION SURVEYS ARE PERFORMED BY OUTSIDE CONSULTANTS EVERY TWO TO THREE YEARS. THE GOVERNING BOARD APPROVES/ADJUSTS THE CEO'S SALARY. THE CEO'S PERFORMANCE AND SALARY REVIEW ARE NOTED IN A LETTER FROM THE PRESIDENT OF AASLD TO THE CEO WITH A COPY TO THE ENTIRE GOVERNING BOARD. A COPY OF THE LETTER, ALONG WITH THE RELATED SUPPORTING DOCUMENTS, ARE IN THE CEO'S PERSONNEL FILE. THE CEO'S COMPENSATION WAS LAST REVIEWED IN APRIL 2016. AASLD PERFORMS ANNUAL SALARY REVIEWS FOR EACH STAFF POSITION AND ADJUSTS COMPENSATION LEVELS AS NECESSARY. ANNUAL COMPENSATION SURVEYS ARE PERFORMED BY OUTSIDE CONSULTANTS EVERY TWO TO THREE YEARS. THE CEO APPROVES STAFF SALARY. STAFF SALARY DETERMINATION IS COMMUNICATED WITH STAFF ALONG WITH WRITTEN PERFORMANCE EVALUATION, WHICH IS CONDUCTED AT YEAR-END. INDIVIDUAL MEMORANDUMS FROM THE CEO TO INDIVIDUAL STAFF, COMMUNICATING THE SALARY CHANGE AND THE POSITION GRADE, ARE GIVEN TO INDIVIDUAL STAFF MEMBERS. COPIES OF THESE MEMORANDUMS ARE IN INDIVIDUALS' PERSONNEL FILES.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON RECEIPT OF A BONAFIDE REQUEST. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE.
FORM 990, SCHEDULE D, PART V: ENDOWMENT FUNDSTHE PRIOR YEAR ENDING BALANCE OF THE ENDOWMENT FUNDS HAVE BEEN RESTATED ON THE ORGANIZATION'S FINANCIAL STATEMENTS, FROM THE AMOUNT PREVIOUSLY REPORTED OF $2,830,864 TO THE CORRECT AMOUNT OF $2,115,609.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1AMERICAN ASSOCIATION FOR THE STUDY OF LIVER DISEASESBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11001 NORTH FAIRFAX STREETAddressLine1Txt
CityALEXANDRIACityNm
State AbbreviationVAStateAbbreviationCd
ZIP22314ZIPCd
FieldValueIRS element (for citing)
EIN237373091EIN
Primary ActivitiesPREVENT AND CURE LIVER DISEASESPrimaryActivitiesTxt
Legal Domicile StateVALegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 9PublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd