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AATS FOUNDATION: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
AATS FOUNDATION (EIN 23-7288866)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-12
IRS object ID
202523169349302257
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)
Return2025-11-12T08:26:30-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14 BATTERYMARCH PARK SUITE 100AddressLine1Txt
CityQUINCYCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02169ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237288866EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AATS FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlAATSBusinessNameControlTxt
Phone9782522200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110304 EATON PLACE SUITE 100 1040AddressLine1Txt
CityFAIRFAXCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22030ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonANELECHI C ANYANWU MDPersonNm
Person TitleTREASURERPersonTitleTxt
Phone9782522200PhoneNum
Signature2025-11-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDANIELLE NIHILLPreparerPersonNm
PTINP01350943PTIN
Phone7819821001PhoneNum
Preparation2025-11-11PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerDAVID H ADAMS MDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line110304 EATON PLACE SUITE 100 1040AddressLine1Txt
CityFAIRFAXCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22030ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,928,978GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressAATSFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1973FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionTO SUPPORT CARDIOTHORACIC SURGEONS IN RESEARCH AND EDUCATION.ActivityOrMissionDesc
Voting Members Governing Body17VotingMembersGoverningBodyCnt
Voting Members Independent17VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers142TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,603,718PYContributionsGrantsAmt
CY Contributions Grants$2,038,179CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$646,135PYInvestmentIncomeAmt
CY Investment Income$760,343CYInvestmentIncomeAmt
PY Other Revenue-$61,856PYOtherRevenueAmt
CY Other Revenue$243CYOtherRevenueAmt
PY Total Revenue$2,187,997PYTotalRevenueAmt
CY Total Revenue$2,798,765CYTotalRevenueAmt
PY Grants And Similar Paid$1,821,348PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,909,266CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$411,616PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$515,318CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$229,141CYTotalFundraisingExpenseAmt
PY Other Expenses$423,750PYOtherExpensesAmt
CY Other Expenses$527,786CYOtherExpensesAmt
PY Total Expenses$2,656,714PYTotalExpensesAmt
CY Total Expenses$2,952,370CYTotalExpensesAmt
PY Revenues Less Expenses-$468,717PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$153,605CYRevenuesLessExpensesAmt
Total Assets BOY$12,835,336TotalAssetsBOYAmt
Total Assets EOY$13,028,010TotalAssetsEOYAmt
Total Liabilities BOY$1,538,523TotalLiabilitiesBOYAmt
Total Liabilities EOY$967,974TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$11,296,813NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$12,060,036NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSUPPORT CARDIOTHORACIC SURGEONS IN RESEARCH AND EDUCATION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,652,512ExpenseAmt
Grant$1,265,266GrantAmt
Revenue$0RevenueAmt
DescTO PERFORM AND CARRY OUT SUCH OTHER EDUCATIONAL, SCIENTIFIC, AND CHARITABLE FUNCTIONS AND PURPOSES OF AATS SUCH AS: EVERY HEART BEAT MATTERS, SIR MAGDI YACOUB HOM PROGRAM, WTS MID-CAREER INVESTIGATOR AWARD, MARC R. DE LEVAL HOM PROGRAM, INTUITIVE SURGICAL ROBOTICS FELLOWSHIP, INTUITIVE ADVANCED LOBECTOMY COURSE, DAVID J. SUGARBAKER HOM PROGRAM, RESEARCH SCHOLARSHIPS, LAWRENCE H. COHN HOM PROGRAM, ATRICURE JAMES L. COX FELLOWSHIP, TIRONE DAVID HOM PROGRAM, AATS FOUNDATION EQUITY AWARD, VALERIE W. RUSCH HOM PROGRAM, RESIDENT RESEARCH CARDIAC SCHOLARSHIP, CLEVELAND CLINIC HOM PROGRAM, JACK A. ROTH HOM PROGRAM, SUMMER INTERN PROGRAM, TIMOTHY J. GARDNER HOM PROGRAM, ALDO R. CASTANEDA HOM PROGRAM, GLOBAL ACADEMIC EXCHANGE FUND, MEDTRONIC ADVANCED VALVE, ALAIN CARPENTIER HOM PROGRAM, F. GRIFFITH PEARSON HOM PROGRAMDesc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$250,000ExpenseAmt
Grant$250,000GrantAmt
Revenue$0RevenueAmt
DescSURGICAL INVESTIGATOR PROGRAM - THE SURGICAL INVESTIGATOR PROGRAM SUPPORTS CLINICAL AND TRANSLATIONAL RESEARCH BY YOUNG CARDIOTHORACIC SURGEONS, INCLUDING TOPICS RELATED TO QUALITY AND OUTCOMES RESEARCH, AND STUDIES OF NEW AND INNOVATIVE THERAPIES, PROCEDURES, AND TECHNOLOGIES IN CARDIOTHORACIC SURGERY.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$201,314ExpenseAmt
Grant$200,000GrantAmt
Revenue$0RevenueAmt
DescGRAHAM TRAVELING FELLOWSHIP - THE EVARTS A. GRAHAM MEMORIAL TRAVELING FELLOWSHIP WAS ESTABLISHED IN 1951 BY THE AMERICAN ASSOCIATION FOR THORACIC SURGERY FOR THE PURPOSE OF SUPPORTING STUDY WITHIN NORTH AMERICA BY PROMISING YOUNG ACADEMIC CARDIOTHORACIC SURGEONS FROM OUTSIDE THE REGION TO BROADEN THEIR OVERALL TRAINING AND INCREASE INTERNATIONAL CONTACTS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$194,000ExpenseAmt
Grant$194,000GrantAmt
Revenue$0RevenueAmt
DescMEDICAL STUDENT DIVERSITY SCHOLARSHIP - THESE SCHOLARSHIPS SUPPORT MEDICAL STUDENTS PLANNING TO PURSUE A CAREER IN CARDIOTHORACIC SURGERY AND WHO ARE FROM AN UNDERREPRESENTED IN MEDICINE POPULATION. UNDERREPRESENTED IN MEDICINE MEANS THOSE RACIAL AND ETHNIC POPULATIONSTHAT ARE UNDERREPRESENTED IN THE MEDICAL PROFESSION RELATIVE TO THEIR NUMBERS IN THE GENERAL POPULATION.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$194,000TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$194,000TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$0TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$2,297,826TotalProgramServiceExpensesAmt
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
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
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 IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
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 EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgYes (1)TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document63IRPDocumentCnt
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
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 Members17GoverningBodyVotingMembersCnt
Independent Voting Member17IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
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 Body0Form990ProvidedToGvrnBodyInd
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 FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonDEBORAH MCCLINTOCK CHIEF FINANCIALPersonNm
Phone9782522200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110304 EATON PLACE SUITE 100 1040AddressLine1Txt
CityFAIRFAXCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22030ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
DAVID H ADAMS MD
PRESIDENT4.000.00Yes (X)Yes (X)$0$0$0
MARC R MOON MD
VICE PRESIDENT3.000.00Yes (X)Yes (X)$0$0$0
Y JOSEPH WOO MD
SECRETARY2.003.00Yes (X)Yes (X)$0$0$0
LEONARD N GIRARDI MD
TREASURER2.003.00Yes (X)Yes (X)$0$0$0
EMILE A BACHA MD
DIRECTOR2.003.00Yes (X)$0$0$0
YOLONDA L COLSON MD
DIRECTOR4.000.00Yes (X)$0$0$0
JOSEPH S COSELLI MD
DIRECTOR2.000.00Yes (X)$0$0$0
GILLES DREYFUS
DIRECTOR2.000.00Yes (X)$0$0$0
AUBREY GALLOWAY MD
DIRECTOR2.000.00Yes (X)$0$0$0
A MARC GILLINOV MD
DIRECTOR2.001.00Yes (X)$0$0$0
ROSEMARY F KELLY MD
DIRECTOR1.002.00Yes (X)$0$0$0
DAVID R JONES
DIRECTOR2.003.00Yes (X)$0$0$0
JAMES D LUKETICH MD
DIRECTOR (UNTIL 05/24)2.000.00Yes (X)$0$0$0
PEDRO J DEL NIDO MD
DIRECTOR2.000.00Yes (X)$0$0$0
MARAL OUZOUNIAN
DIRECTOR2.000.00Yes (X)$0$0$0
MEHMET C OZ MD
DIRECTOR2.000.00Yes (X)$0$0$0
VAUGHN A STARNES MD
DIRECTOR2.000.00Yes (X)$0$0$0
LARS G SVENSSON
DIRECTOR2.003.00Yes (X)$0$0$0
DAVID R BOBBITT MSC MBA
CHIEF EXECUTIVE OFFICER5.0045.00Yes (X)$0$416,911$57,464
DEBORAH MCCLINTOCK
CHIEF FINANCIAL OFFICER5.0045.00Yes (X)$0$162,105$34,093
LISA GIBSON
DIRECTOR OF MARKETING & COMMUNICATIONS10.0035.00$0$150,184$16,969Yes (X)
MELISSA BINETTE
VP, DEVELOPMENT & STRATEGIC PARTNERSHIPS20.0025.00$0$184,951$44,516Yes (X)
ADAM SILVA
VP OF ADMINISTRATION20.0025.00$0$156,937$44,887Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$1,071,088TotReportableCompRltdOrgAmt
Total Other Compensation$197,929TotalOtherCompensationAmt
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
All Other Contributions$2,038,179AllOtherContributionsAmt
Total Contributions$2,038,179TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$486,900TotalRevenueColumnAmt
Exclusion$486,900ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$403,656SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$130,213SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$273,443SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$273,443TotalRevenueColumnAmt
Exclusion$273,443ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER REVENUEDesc
Business900099BusinessCd
Total Revenue Column$243TotalRevenueColumnAmt
Exclusion$243ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$243OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,798,765TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$760,586ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$807,709TotalAmt
Program Services$807,709ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$451,854TotalAmt
Program Services$451,854ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$649,703TotalAmt
Program Services$649,703ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$416,632TotalAmt
Program Services$95,527ProgramServicesAmt
Management And General$198,684ManagementAndGeneralAmt
Fundraising$122,421FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$98,686TotalAmt
Program Services$22,627ProgramServicesAmt
Management And General$47,062ManagementAndGeneralAmt
Fundraising$28,997FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$5,821TotalAmt
Management And General$5,821ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$49,064TotalAmt
Management And General$49,064ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$29,559TotalAmt
Management And General$29,559ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$54,158TotalAmt
Program Services$5,055ProgramServicesAmt
Management And General$31,503ManagementAndGeneralAmt
Fundraising$17,600FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$9,491TotalAmt
Program Services$3,472ProgramServicesAmt
Management And General$1,130ManagementAndGeneralAmt
Fundraising$4,889FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$25,683TotalAmt
Program Services$197ProgramServicesAmt
Management And General$805ManagementAndGeneralAmt
Fundraising$24,681FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$25,166TotalAmt
Program Services$529ProgramServicesAmt
Management And General$24,637ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$18,922TotalAmt
Management And General$18,922ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$201,744TotalAmt
Program Services$190,072ProgramServicesAmt
Management And General$3,924ManagementAndGeneralAmt
Fundraising$7,748FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmtManagement And GeneralManagementAndGeneralAmt
FOOD & BEVERAGE$38,172$19,467$18,705
FACULTY HONORARIA$31,500$31,500
AUDIO & VISUAL$24,214$20,114$4,100
TAXES & FEES$13,017$13,017

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,275TotalAmt
Management And General$1,275ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,952,370TotalAmt
Program Services$2,297,826ProgramServicesAmt
Management And General$425,403ManagementAndGeneralAmt
Fundraising$229,141FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$393,135BOYAmt
EOY$606,844EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$254,694BOYAmt
EOY$45,579EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$128,326BOYAmt
EOY$237,000EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$2,419,682BOYAmt
EOY$2,138,477EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$13,861BOYAmt
EOY$41,285EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$9,514,641BOYAmt
EOY$9,938,057EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$110,997BOYAmt
EOY$20,768EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$12,835,336BOYAmt
EOY$13,028,010EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$244,823BOYAmt
EOY$85,357EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$1,275,258BOYAmt
EOY$825,817EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$56,800EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$18,442BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,538,523BOYAmt
EOY$967,974EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,820,725BOYAmt
EOY$5,175,155EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,476,088BOYAmt
EOY$6,884,881EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,296,813BOYAmt
EOY$12,060,036EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$12,835,336BOYAmt
EOY$13,028,010EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$153,605ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$553,629NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$363,199OtherChangesInNetAssetsAmt
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 Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1AMERICAN ASSOCIATION FOR THORIATRIC SURGERYBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN046406547EIN
Organization Type10OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$65,000SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$65,000SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C456Yes (1)SupportedOrgSectionC456Ind
Supported Org QualifiedYes (1)SupportedOrgQualifiedInd
Suprt Exclusively Sec170c2 BYes (1)SuprtExclusivelySec170c2BInd
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (1)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt Org0OperateBenefitNonSuprtOrgInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, SECTION A, LINE 3B:THE ORGANIZATION CONFIRMED THAT ITS SUPPORTED ORGANIZATION QUALIFIED UNDER SECTION 501(C)(6) AND SATISFIED THE PUBLIC SUPPORT TESTS UNDER 509(A)(2) BY OBTAINING A COPY OF ITS IRS DETERMINATION LETTER AND COMPLETING A PRO FORMA 990, SCHEDULE A.
PART IV, SECTION A, LINE 3C:THE ORGANIZATION VERIFIES THAT ANY GRANT PROVIDED DIRECTLY TO THE SUPPORTED ORGANIZATION WAS USED TO FUND THE APPROVED SCHOLARSHIPS. THE ORGANIZATION PROVIDES A MAJORITY OF ITS SUPPORT TO INDIVIDUALS THAT ARE PART OF THE CHARITABLE CLASS BENEFITED BY ITS SUPPORTED ORGANIZATION. THE ORGANIZATION ENSURES THAT ALL SUPPORT IS USED EXCLUSIVELY FOR SECTION 170(C)(2)(B) PURPOSES BY REQUIRING RECIPIENTS OF THE AWARDS TO PROVIDE A REPORT UPON COMPLETION OF THEIR RESEARCH OR FELLOWSHIPS.

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

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$3,695,397TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$553,629NetUnrealizedGainsInvstAmt
Recoveries Prior Year Grants$372,562RecoveriesPriorYearGrantsAmt
Revenue Not Reported$926,191RevenueNotReportedAmt
Revenue Subtotal$2,769,206RevenueSubtotalAmt
Investment Expenses Not Incld$29,559InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$29,559RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,798,765TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,932,174TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$9,363OtherExpensesIncludedAmt
Expenses Not Reported$9,363ExpensesNotReportedAmt
Expenses Subtotal$2,922,811ExpensesSubtotalAmt
Investment Expenses Not Incld2$29,559InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$29,559ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,952,370TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART XII, LINE 2D - OTHER ADJUSTMENTS:FormAndLineReferenceDesc
ExplanationGRANTS PAYABLE DISCOUNT ADJUSTMENT 9,535. RECOVERIES OF PRIOR YEAR GRANTS -172.ExplanationTxt

Schedule F IRS990ScheduleF

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

Account Activities Outside US AccountActivitiesOutsideUSGrp (9 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
CENTRAL AMERICA AND THE CARIBBEAN03GRANTS TO RECIPIENTS LOCATED IN REGION$4,500
EAST ASIA AND THE PACIFIC09GRANTS TO RECIPIENTS LOCATED IN REGION$133,714
EUROPE07GRANTS TO RECIPIENTS LOCATED IN REGION$80,500
MIDDLE EAST AND NORTH AFRICA04GRANTS TO RECIPIENTS LOCATED IN REGION$21,000
NORTH AMERICA013GRANTS TO RECIPIENTS LOCATED IN REGION$101,571
RUSSIA AND NEIGHBORING STATES01GRANTS TO RECIPIENTS LOCATED IN REGION$2,000
SOUTH AMERICA033GRANTS TO RECIPIENTS LOCATED IN REGION$84,331
SOUTH ASIA035GRANTS TO RECIPIENTS LOCATED IN REGION$45,986
SUB-SAHARAN AFRICA011GRANTS TO RECIPIENTS LOCATED IN REGION$176,100
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees105SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee11ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee116TotalEmployeeCnt
Subtotal Spent$473,602SubtotalSpentAmt
Continuation Spent$176,100ContinuationSpentAmt
Total Spent$649,702TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (2 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtNon Cash AssistanceNonCashAssistanceAmtDescription Of Non Cash AsstDescriptionOfNonCashAsstTxtValuation Method UsedValuationMethodUsedDesc
NORTH AMERICATETROLOGY OF FALLOT REGISTRY$8,500WIRE/CHECK$0N/AN/A
NORTH AMERICA2025 SYMPOSIUM IN HONOR OF DR. TIRONE DAVID$50,000WIRE/CHECK$0N/AN/A
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (23 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtDescription Of Non Cash AsstDescriptionOfNonCashAsstTxtValuation Method UsedValuationMethodUsedDesc
MEETINGS AND EDUCATIONEAST ASIA AND THE PACIFIC1$2,500WIRE TRANSFERN/AN/A
GRAHAM TRAVELING FELLOWSHIPEAST ASIA AND THE PACIFIC2$100,000WIRE TRANSFERN/AN/A
ATRICURE FELLOWSHIPEAST ASIA AND THE PACIFIC2$10,214WIRE TRANSFERN/AN/A
EDWARDS PROGRAMEAST ASIA AND THE PACIFIC4$21,000WIRE TRANSFERN/AN/A
ATRICURE FELLOWSHIPEUROPE2$13,000WIRE TRANSFERN/AN/A
GRAHAM TRAVELING FELLOWSHIPEUROPE3$50,000WIRE TRANSFERN/AN/A
JACK A. ROTH PROGRAMEUROPE1$15,000WIRE TRANSFERN/AN/A
EDWARDS PROGRAMMIDDLE EAST AND NORTH AFRICA3$6,000WIRE TRANSFERN/AN/A
VALERIE W. RUSCH PROGRAMMIDDLE EAST AND NORTH AFRICA1$15,000WIRE TRANSFERN/AN/A
HOM-CLEVELAND CLINICNORTH AMERICA1$1,000WIRE TRANSFERN/AN/A
INTUITIVE SURGICAL ROBOTICS FELLOWSHIPNORTH AMERICA1$2,000WIRE TRANSFERN/AN/A
EDWARDS PROGRAMNORTH AMERICA3$5,000WIRE TRANSFERN/AN/A
MEDICAL STUDENT DIVERSITY SCHOLARSHIPNORTH AMERICA1$11,500WIRE TRANSFERN/AN/A
MEDTRONIC ADVANCED VALVENORTH AMERICA1$15,000WIRE TRANSFERN/AN/A
ALDO R. CASTANEDA PROGRAMSOUTH AMERICA1$15,000WIRE TRANSFERN/AN/A
VALERIE W. RUSCH PROGRAMSOUTH AMERICA2$30,000WIRE TRANSFERN/AN/A
EDWARDS PROGRAMSOUTH AMERICA30$39,331WIRE TRANSFERN/AN/A
EDWARDS PROGRAMSOUTH ASIA34$15,986WIRE TRANSFERN/AN/A
MARC. R. DE LEVAL FELLOWSHIPSOUTH ASIA1$30,000WIRE TRANSFERN/AN/A
ATRICURE FELLOWSHIPSUB-SAHARAN AFRICA3$1,100WIRE TRANSFERN/AN/A
SIR MAGDI YACOUB PROGRAMSUB-SAHARAN AFRICA2$150,000WIRE TRANSFERN/AN/A
EDWARDS PROGRAMSUB-SAHARAN AFRICA6$25,000WIRE TRANSFERN/AN/A
SUMMER INTERN PROGRAMNORTH AMERICA4$8,571WIRE TRANSFERN/AN/A
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
ExplanationGRANT RECIPIENTS ARE REQUIRED TO PROVIDE A REPORT UPON COMPLETION OF THEIR RESEARCH OR FELLOWSHIPS.ExplanationTxt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (23 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDescPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
ALBERT EINSTEIN COLLEGE OF MEDICINE
1300 MORRIS PARK AVENUEBRONXNY10461830621846501(3)$40,000$0N/AN/AHOM - DAVID J. SUGARBAKER FELLOWSHIP
BOSTON CHILDREN'S HOSPITAL
300 LONGWOOD AVENUEBOSTONMA02115042774441501(3)$50,000$0N/AN/ASURGICAL INVESTIGATOR PROGRAM
BOSTON CHILDREN'S HOSPITAL
300 LONGWOOD AVENUEBOSTONMA02115042774441501(3)$18,500$0N/AN/AMARC R. DE LEVAL FELLOWSHIP
CHILDREN'S HOSPITAL OF LOS ANGELES - THE SABAN RESEARCH INSTITUTE
4650 SUNSET BLVD MS 97LOS ANGELESCA90027951690977501(3)$8,500$0N/AN/AMARC R. DE LEVAL FELLOWSHIP
CHILDREN'S HOSPITAL OF PHILADELPHIA
3401 CIVIC CENTERPHILADELPHIAPA19104231352166501(3)$8,500$0N/AN/AMARC R. DE LEVAL FELLOWSHIP
CHILDREN'S HOSPITAL OF PHILADELPHIA
3401 CIVIC CENTERPHILADELPHIAPA19104231352166501(3)$10,000$0N/AN/AHOM - TIMOTHY J. GARDNER FELLOWSHIP
CHILDREN'S HOSPITAL OF WISCONSIN
8701 WATERTOWN PLANK ROADMILKWAUKEEWI53226390812532501(3)$50,000$0N/AN/ASURGICAL INVESTIGATOR PROGRAM
CITY OF HOPE
1500 EAST DUARTE ROADDUARTECA91010953435919501(3)$50,000$0N/AN/AAATS FOUNDATION EQUITY AWARD
CLEVELAND CLINIC FOUNDATION
9500 EUCLID AVENUECLEVELANDOH44195340714585501(3)$10,209$0N/AN/AHOM - CLEVELAND CLINIC
DUKE UNIVERSITY HOSPITAL
PO BOX 104132DURHAMNC27708560532129501(3)$40,000$0N/AN/AHOM - DAVID J. SUGARBAKER FELLOWSHIP
AMERICAN ASSOCIATION FOR THORACIC SURGERY
10304 EATON PLACE SUITE 100 1035FAIRFAXVA22030046406547501(3)$65,000$0N/AN/AEDWARDS 2020
JOHNS HOPKINS UNIVERSITY
3910 KESWICK ROADBALTIMOREMD21211520595110501(3)$50,000$0N/AN/ASURGICAL INVESTIGATOR PROGRAM
JOHNS HOPKINS UNIVERSITY
3910 KESWICK ROADBALTIMOREMD21211520595110501(3)$50,000$0N/AN/AWTS MID-CAREER INVESTIGATOR AWARD
MASSACHUSETTS GENERAL HOSPITAL - RESEARCH
55 FRUIT STREETBOSTONMA02114042697983501(3)$50,000$0N/AN/AWTS MID-CAREER INVESTIGATOR AWARD
NATIONWIDE CHILDREN'S HOSPITAL
700 CHILDRENS DR TREASURY SUITE E2DCOLUMBUSOH43205314379441501(3)$8,500$0N/AN/AMARC R. DE LEVAL FELLOWSHIP
STANFORD UNIVERSITY
485 BROADWAY MAIL CODE 8838REDWOOD CITYCA94063941156365501(3)$80,000$0N/AN/ARESEARCH SCHOLARSHIPS
TEMPLE UNIVERSITY - OF THE COMMONWEALTH SYSTEM OF HIGHER EDUCATION
1805 N BROAD STREET 1108 WACHMANNPHILADELPHIAPA19122231365971501(3)$10,000$0N/AN/AHOM - LAWRENCE H. COHN FELLOWSHIPHALL
THE REGENTS OF THE UNIVERSITY OF CALIFORNIA LOS ANGELES
10889 WILSHIRE BLVD SUITE 600LOS ANGELESCA90095956006143501(3)$8,500$0N/AN/AMARC R. DE LEVAL FELLOWSHIP
TRUSTEES OF COLUMBIA UNIVERSITY
615 WEST 131ST STREET MC 8741NEW YORKNY10029135598093501(3)$50,000$0N/AN/ASURGICAL INVESTIGATOR PROGRAM
UNIVERSITY OF PITTSBURGH PHYSICIANS
200 LOTHROP STREET UPMCPITTSBURGPA15213232919472501(3)$10,000$0N/AN/AHOM - TIMOTHY J. GARDNER FELLOWSHIPPRESBYTERIAN S TOWER
UNIVERSITY OF VIRGINIA
1001 NORTH EMMET STREETCHARLOTTESVILLEVA22903546001796501(3)$40,000$0N/AN/ARESIDENT RESEARCH CARDIAC SCHOLARSHIP
WEILL MEDICAL COLLEGE OF CORNELL UNIVERSITY
575 LEXINGTON AVENUE 9TH FLOOR 9THNEW YORKNY10022131623978501(3)$50,000$0N/AN/ASURGICAL INVESTIGATOR PROGRAMFLOOR
WEST VIRGINIA UNIVERSITY
ONE WATERFRONT PLACE PO BOX 6005MORGANTONWV26506556000842501(3)$50,000$0N/AN/ASURGICAL INVESTIGATOR PROGRAM
FieldValueIRS element (for citing)
Total501c3 Org23Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (12 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDesc
ATRICURE JAMES L. COX FELLOWSHIP4$28,750N/AN/A
EDWARDS PROGRAM1$1,500N/AN/A
GRAHAM TRAVELING FELLOWSHIP1$50,000N/AN/A
INTUITIVE ADVANCED LOBECTOMY COURSE35$27,150N/AN/A
INTUITIVE SURGICAL ROBOTICS FELLOWSHIP35$46,454N/AN/A
HOM - CLEVELAND CLINIC19$16,500N/AN/A
HOM - DENTON COOLEY FELLOWSHIP1$5,000N/AN/A
HOM - F. GRIFFITH PEARSON FELLOWSHIP1$9,000N/AN/A
HOM - JACK. A ROTH1$15,000N/AN/A
WTS MID-CAREER INVESTIGATOR AWARD1$50,000N/AN/A
MEDICAL STUDENT DIVERSITY SCHOLARSHIP16$182,500N/AN/A
SUMMER INTERN PROGRAM8$20,000N/AN/A

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationAATS FOUNDATION DETERMINES THE AMOUNT OF GRANTS DEPENDING ON FUNDING AVAILABLE IN UNRESTRICTED FUNDING OR AS OUTLINED IN RESTRICTED DONATION AGREEMENTS. FUNDING AMOUNT REMAINS CONSISTENT FOR RESEARCH GRANTS BETWEEN $40,000-$80,000 PER GRANTEE WHICH THE FOUNDATION DETERMINES AS A PROPER AMOUNT FOR YOUNG INVESTIGATORS TO START THEIR RESEARCH EFFORTS. ALTHOUGH THE FUNDING AMOUNT IS OFTEN SMALLER THAN THE COST OF THE RESEARCH, THE GOAL IS FOR INVESTIGATORS TO THEN USE THIS MODEST AMOUNT OF FUNDING TO SECURE LARGER RESEARCH FUNDING OPPORTUNITIES THROUGH OTHER ENTITIES SUCH AS NIH AND NHLBI PROGRAMS ONCE THEIR EFFORTS AND PRELIMINARY RESULTS ARE IN. EACH CANDIDATE IS VETTED BY A COMMITTEE, COMPRISED OF EXPERTS IN THE FIELD AND APPOINTED BY THE AATS FOUNDATION BOARD. THE BOARD MONITORS THE COMMITTEE FOR THOROUGHNESS AND NON-BIAS REVIEWS AND SELECTIONS. ALL CANDIDATES ARE VETTED THROUGH THE SAME CRITERIA AND ELIGIBILITY FOR EACH AWARD THEY APPLY TO WHICH IS PUBLICLY AVAILABLE ON THE AATS FOUNDATION WEBSITE FOR TRANSPARENCY PURPOSES.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 (5 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
DAVID R BOBBITT MSC MBA
CHIEF EXECUTIVE OFFICER$0$363,661$0$53,250$0$0$0$16,980$0$40,484$0$474,375$0$0
MELISSA BINETTE
VP, DEVELOPMENT & STRATEGIC PARTNERS$0$167,451$0$17,500$0$0$0$9,139$0$35,377$0$229,467$0$0
ADAM SILVA
VP OF ADMINISTRATION$0$140,937$0$16,000$0$0$0$8,782$0$36,105$0$201,824$0$0
DEBORAH MCCLINTOCK
CHIEF FINANCIAL OFFICER$0$139,105$0$23,000$0$0$0$6,930$0$27,163$0$196,198$0$0
LISA GIBSON
DIRECTOR OF MARKETING & COMMUNICATIO$0$135,184$0$15,000$0$0$0$4,327$0$12,642$0$167,153$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE AATS FOUNDATION HAS NO EMPLOYEES BUT ITS CHIEF EXECUTIVE OFFICER IS COMPENSATED BY ITS RELATED ORGANIZATION, AATS. THE AATS EXECUTIVE COMMITTEE MEETS ANNUALLY TO DETERMINE THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER BASED UPON A REVIEW OF PERFORMANCE COMPARED TO OBJECTIVES ESTABLISHED AT THE BEGINNING OF THE YEAR BY THE EXECUTIVE COMMITTEE, BOARD, AND THE CHIEF EXECUTIVE OFFICER. FOLLOWING THE EXECUTIVE COMMITTEE'S RECOMMENDATION, THE FULL BOARD VOTES TO APPROVE THE RECOMMENDED COMPENSATION.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1ATHE EXECUTIVE COMMITTEE CONSISTS OF THE PRESIDENT, THE VICE PRESIDENT, SECRETARY, TREASURER AND THE AATS DIRECTOR OF INDUSTRY RELATIONS AND SHALL HAVE ALL THE POWERS OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE FOUNDATION WHEN THE BOARD OF DIRECTORS IS NOT IN SESSION.
FORM 990, PART VI, SECTION A, LINE 4SECTION 3.2 NUMBER: THE NUMBER OF DIRECTORS SHALL BE NO MORE THAN NINETEEN (PRIOR VERSION WAS FOURTEEN). SECTION 3.9 MANNER OF ACTING: REMOVED THE WORDS "IN PERSON" AS MANY MEETINGS ARE NOW VIRTUAL. SECTION 4.2 APPOINTMENT, TERMS OF OFFICE AND QUALIFICATIONS INCREASED TO FIVE (5) CONSECUTIVE TWO-YEAR TERMS (USED TO SAY THREE (3)) SECTION 6.1 EXECUTIVE COMMITTEE NOW INCLUDES THE AATS DIRECTOR OF INDUSTRY RELATIONS.
FORM 990, PART VI, SECTION A, LINE 7BTHE AATS FOUNDATION BOARD IS APPOINTED BY THE AATS BOARD.
FORM 990, PART VI, SECTION B, LINE 11BMATERIALS TO COMPLETE THE FORM 990 ARE PROVIDED BY THE FINANCE TEAM. THESE MATERIALS ARE USED FOR THE PROFESSIONAL SERVICES FIRM TO COMPLETE THE FORM 990. ONCE COMPLETED, THE FORM 990 IS REVIEWED BY THE FINANCE TEAM, THE CFO, CEO AND TREASURER BEFORE FILING. THE FORM 990 IS SHARED WITH THE FINANCE COMMITTEE AND BOARD VIA EMAIL ONCE READY TO FILE.
FORM 990, PART VI, SECTION B, LINE 12CANNUALLY, ALL MEMBERS OF THE BOARD OF DIRECTORS ARE REQUESTED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM, WHICH IS KEPT ON FILE AND REVIEWED BY THE BOARD IF ANY CONFLICT IS INDICATED. THE CONFLICT OF INTEREST POLICY IS MONITORED THROUGH BOARD MEETINGS WHERE ALL MEMBERS REVIEW POLICIES. THE BOARD PRESIDENT AND CEO MONITOR THESE TASKS. IF A CONFLICT ARISES DURING THE YEAR, THE BOARD MEMBER SHALL IMMEDIATELY NOTIFY THE PRESIDENT OF THE BOARD, WHO WILL DETERMINE APPROPRIATE RESOLUTION. THE BOARD OF DIRECTORS SHALL BE RESPONSIBLE FOR MAKING ALL DECISIONS CONCERNING RESOLUTIONS OF CONFLICTS.
FORM 990, PART VI, SECTION B, LINE 15AMERICAN ASSOCIATION FOR THORACIC SURGERY, THE FOUNDATION'S RELATED ORGANIZATION, COMPENSATES SUCH INDIVIDUALS.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9:RECOVERIES OF PRIOR YEAR GRANTS 372,734. GRANTS PAYABLE DISCOUNT ADJUSTMENT -9,535.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1AMERICAN ASSOCIATION FOR THORACIC SURGERYBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line110304 EATON PLACE SUITE 100 1035AddressLine1Txt
CityFAIRFAXCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22030ZIPCd
FieldValueIRS element (for citing)
EIN046406547EIN
Primary ActivitiesPROMOTE SCHOLARSHIP, INNOVATION, & LEADERSHIP FOR CARDIOTHORACIC SURGERYPrimaryActivitiesTxt
Legal Domicile StateILLegalDomicileStateCd
Exempt Code Section501(C)(6)ExemptCodeSectionTxt
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 Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
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 OrgYes (1)PerformOfServicesByOtherOrgInd
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 OrgYes (1)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (5 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
AMERICAN ASSOCIATION FOR THORACIC SURGERY
D$2,138,477FAIR MARKET VALUE
AMERICAN ASSOCIATION FOR THORACIC SURGERY
M$177,481FAIR MARKET VALUE
AMERICAN ASSOCIATION FOR THORACIC SURGERY
N$42,908FAIR MARKET VALUE
AMERICAN ASSOCIATION FOR THORACIC SURGERY
O$515,319FAIR MARKET VALUE
AMERICAN ASSOCIATION FOR THORACIC SURGERY
S$200,000FAIR MARKET VALUE