2025-11-12T08:26:30-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 4 BATTERYMARCH PARK SUITE 100 QUINCY MA 02169 990 2024-01-01 237288866 AATS FOUNDATION AATS 9782522200 10304 EATON PLACE SUITE 100 1040 FAIRFAX VA 22030 ANELECHI C ANYANWU MD TREASURER 9782522200 2025-11-11 1 1 DANIELLE NIHILL P01350943 7819821001 2025-11-11 2024 2025-03-06 01:10:19Z X DAVID H ADAMS MD 10304 EATON PLACE SUITE 100 1040 FAIRFAX VA 22030 2928978 0 X AATSFOUNDATION.ORG X 1973 IL TO SUPPORT CARDIOTHORACIC SURGEONS IN RESEARCH AND EDUCATION. 17 17 0 142 0 0 1603718 2038179 0 0 646135 760343 -61856 243 2187997 2798765 1821348 1909266 0 0 411616 515318 0 0 229141 423750 527786 2656714 2952370 -468717 -153605 12835336 13028010 1538523 967974 11296813 12060036 X SUPPORT CARDIOTHORACIC SURGEONS IN RESEARCH AND EDUCATION. 0 0 1652512 1265266 0 TO 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 PROGRAM 250000 250000 0 SURGICAL 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. 201314 200000 0 GRAHAM 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. 194000 194000 0 MEDICAL 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. 194000 194000 0 2297826 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 63 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 1 0 0 0 1 1 1 0 0 0 1 1 1 1 1 0 0 0 MA IL X DEBORAH MCCLINTOCK CHIEF FINANCIAL 9782522200 10304 EATON PLACE SUITE 100 1040 FAIRFAX VA 22030 DAVID H ADAMS MD PRESIDENT 4.00 0.00 X X 0 0 0 MARC R MOON MD VICE PRESIDENT 3.00 0.00 X X 0 0 0 Y JOSEPH WOO MD SECRETARY 2.00 3.00 X X 0 0 0 LEONARD N GIRARDI MD TREASURER 2.00 3.00 X X 0 0 0 EMILE A BACHA MD DIRECTOR 2.00 3.00 X 0 0 0 YOLONDA L COLSON MD DIRECTOR 4.00 0.00 X 0 0 0 JOSEPH S COSELLI MD DIRECTOR 2.00 0.00 X 0 0 0 GILLES DREYFUS DIRECTOR 2.00 0.00 X 0 0 0 AUBREY GALLOWAY MD DIRECTOR 2.00 0.00 X 0 0 0 A MARC GILLINOV MD DIRECTOR 2.00 1.00 X 0 0 0 ROSEMARY F KELLY MD DIRECTOR 1.00 2.00 X 0 0 0 DAVID R JONES DIRECTOR 2.00 3.00 X 0 0 0 JAMES D LUKETICH MD DIRECTOR (UNTIL 05/24) 2.00 0.00 X 0 0 0 PEDRO J DEL NIDO MD DIRECTOR 2.00 0.00 X 0 0 0 MARAL OUZOUNIAN DIRECTOR 2.00 0.00 X 0 0 0 MEHMET C OZ MD DIRECTOR 2.00 0.00 X 0 0 0 VAUGHN A STARNES MD DIRECTOR 2.00 0.00 X 0 0 0 LARS G SVENSSON DIRECTOR 2.00 3.00 X 0 0 0 DAVID R BOBBITT MSC MBA CHIEF EXECUTIVE OFFICER 5.00 45.00 X 0 416911 57464 DEBORAH MCCLINTOCK CHIEF FINANCIAL OFFICER 5.00 45.00 X 0 162105 34093 LISA GIBSON DIRECTOR OF MARKETING & COMMUNICATIONS 10.00 35.00 X 0 150184 16969 MELISSA BINETTE VP, DEVELOPMENT & STRATEGIC PARTNERSHIPS 20.00 25.00 X 0 184951 44516 ADAM SILVA VP OF ADMINISTRATION 20.00 25.00 X 0 156937 44887 0 1071088 197929 0 0 1 0 0 2038179 2038179 486900 486900 403656 130213 273443 273443 273443 OTHER REVENUE 900099 243 243 243 2798765 0 0 760586 807709 807709 451854 451854 649703 649703 416632 95527 198684 122421 98686 22627 47062 28997 5821 5821 49064 49064 29559 29559 54158 5055 31503 17600 9491 3472 1130 4889 25683 197 805 24681 25166 529 24637 18922 18922 201744 190072 3924 7748 FOOD & BEVERAGE 38172 19467 18705 FACULTY HONORARIA 31500 31500 AUDIO & VISUAL 24214 20114 4100 TAXES & FEES 13017 13017 1275 1275 2952370 2297826 425403 229141 393135 606844 254694 45579 128326 237000 2419682 2138477 13861 41285 9514641 9938057 110997 20768 12835336 13028010 244823 85357 1275258 825817 56800 18442 0 1538523 967974 X 4820725 5175155 6476088 6884881 11296813 12060036 12835336 13028010 X -153605 553629 363199 X 0 1 X 1 0 X X 1 AMERICAN ASSOCIATION FOR THORIATRIC SURGERY 046406547 10 1 65000 0 1 65000 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 3695397 553629 372562 926191 2769206 29559 29559 2798765 2932174 9363 9363 2922811 29559 29559 2952370 PART XII, LINE 2D - OTHER ADJUSTMENTS: GRANTS PAYABLE DISCOUNT ADJUSTMENT 9,535. RECOVERIES OF PRIOR YEAR GRANTS -172. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 3 GRANTS TO RECIPIENTS LOCATED IN REGION 4500 EAST ASIA AND THE PACIFIC 0 9 GRANTS TO RECIPIENTS LOCATED IN REGION 133714 EUROPE 0 7 GRANTS TO RECIPIENTS LOCATED IN REGION 80500 MIDDLE EAST AND NORTH AFRICA 0 4 GRANTS TO RECIPIENTS LOCATED IN REGION 21000 NORTH AMERICA 0 13 GRANTS TO RECIPIENTS LOCATED IN REGION 101571 RUSSIA AND NEIGHBORING STATES 0 1 GRANTS TO RECIPIENTS LOCATED IN REGION 2000 SOUTH AMERICA 0 33 GRANTS TO RECIPIENTS LOCATED IN REGION 84331 SOUTH ASIA 0 35 GRANTS TO RECIPIENTS LOCATED IN REGION 45986 SUB-SAHARAN AFRICA 0 11 GRANTS TO RECIPIENTS LOCATED IN REGION 176100 0 105 0 11 0 116 473602 176100 649702 NORTH AMERICA TETROLOGY OF FALLOT REGISTRY 8500 WIRE/CHECK 0 N/A N/A NORTH AMERICA 2025 SYMPOSIUM IN HONOR OF DR. TIRONE DAVID 50000 WIRE/CHECK 0 N/A N/A 2 0 MEETINGS AND EDUCATION EAST ASIA AND THE PACIFIC 1 2500 WIRE TRANSFER N/A N/A GRAHAM TRAVELING FELLOWSHIP EAST ASIA AND THE PACIFIC 2 100000 WIRE TRANSFER N/A N/A ATRICURE FELLOWSHIP EAST ASIA AND THE PACIFIC 2 10214 WIRE TRANSFER N/A N/A EDWARDS PROGRAM EAST ASIA AND THE PACIFIC 4 21000 WIRE TRANSFER N/A N/A ATRICURE FELLOWSHIP EUROPE 2 13000 WIRE TRANSFER N/A N/A GRAHAM TRAVELING FELLOWSHIP EUROPE 3 50000 WIRE TRANSFER N/A N/A JACK A. ROTH PROGRAM EUROPE 1 15000 WIRE TRANSFER N/A N/A EDWARDS PROGRAM MIDDLE EAST AND NORTH AFRICA 3 6000 WIRE TRANSFER N/A N/A VALERIE W. RUSCH PROGRAM MIDDLE EAST AND NORTH AFRICA 1 15000 WIRE TRANSFER N/A N/A HOM-CLEVELAND CLINIC NORTH AMERICA 1 1000 WIRE TRANSFER N/A N/A INTUITIVE SURGICAL ROBOTICS FELLOWSHIP NORTH AMERICA 1 2000 WIRE TRANSFER N/A N/A EDWARDS PROGRAM NORTH AMERICA 3 5000 WIRE TRANSFER N/A N/A MEDICAL STUDENT DIVERSITY SCHOLARSHIP NORTH AMERICA 1 11500 WIRE TRANSFER N/A N/A MEDTRONIC ADVANCED VALVE NORTH AMERICA 1 15000 WIRE TRANSFER N/A N/A ALDO R. CASTANEDA PROGRAM SOUTH AMERICA 1 15000 WIRE TRANSFER N/A N/A VALERIE W. RUSCH PROGRAM SOUTH AMERICA 2 30000 WIRE TRANSFER N/A N/A EDWARDS PROGRAM SOUTH AMERICA 30 39331 WIRE TRANSFER N/A N/A EDWARDS PROGRAM SOUTH ASIA 34 15986 WIRE TRANSFER N/A N/A MARC. R. DE LEVAL FELLOWSHIP SOUTH ASIA 1 30000 WIRE TRANSFER N/A N/A ATRICURE FELLOWSHIP SUB-SAHARAN AFRICA 3 1100 WIRE TRANSFER N/A N/A SIR MAGDI YACOUB PROGRAM SUB-SAHARAN AFRICA 2 150000 WIRE TRANSFER N/A N/A EDWARDS PROGRAM SUB-SAHARAN AFRICA 6 25000 WIRE TRANSFER N/A N/A SUMMER INTERN PROGRAM NORTH AMERICA 4 8571 WIRE TRANSFER N/A N/A 0 0 0 0 0 0 PART I, LINE 2: GRANT RECIPIENTS ARE REQUIRED TO PROVIDE A REPORT UPON COMPLETION OF THEIR RESEARCH OR FELLOWSHIPS. 1 ALBERT EINSTEIN COLLEGE OF MEDICINE 1300 MORRIS PARK AVENUE BRONX NY 10461 830621846 501(3) 40000 0 N/A N/A HOM - DAVID J. SUGARBAKER FELLOWSHIP BOSTON CHILDREN'S HOSPITAL 300 LONGWOOD AVENUE BOSTON MA 02115 042774441 501(3) 50000 0 N/A N/A SURGICAL INVESTIGATOR PROGRAM BOSTON CHILDREN'S HOSPITAL 300 LONGWOOD AVENUE BOSTON MA 02115 042774441 501(3) 18500 0 N/A N/A MARC R. DE LEVAL FELLOWSHIP CHILDREN'S HOSPITAL OF LOS ANGELES - THE SABAN RESEARCH INSTITUTE 4650 SUNSET BLVD MS 97 LOS ANGELES CA 90027 951690977 501(3) 8500 0 N/A N/A MARC R. DE LEVAL FELLOWSHIP CHILDREN'S HOSPITAL OF PHILADELPHIA 3401 CIVIC CENTER PHILADELPHIA PA 19104 231352166 501(3) 8500 0 N/A N/A MARC R. DE LEVAL FELLOWSHIP CHILDREN'S HOSPITAL OF PHILADELPHIA 3401 CIVIC CENTER PHILADELPHIA PA 19104 231352166 501(3) 10000 0 N/A N/A HOM - TIMOTHY J. GARDNER FELLOWSHIP CHILDREN'S HOSPITAL OF WISCONSIN 8701 WATERTOWN PLANK ROAD MILKWAUKEE WI 53226 390812532 501(3) 50000 0 N/A N/A SURGICAL INVESTIGATOR PROGRAM CITY OF HOPE 1500 EAST DUARTE ROAD DUARTE CA 91010 953435919 501(3) 50000 0 N/A N/A AATS FOUNDATION EQUITY AWARD CLEVELAND CLINIC FOUNDATION 9500 EUCLID AVENUE CLEVELAND OH 44195 340714585 501(3) 10209 0 N/A N/A HOM - CLEVELAND CLINIC DUKE UNIVERSITY HOSPITAL PO BOX 104132 DURHAM NC 27708 560532129 501(3) 40000 0 N/A N/A HOM - DAVID J. SUGARBAKER FELLOWSHIP AMERICAN ASSOCIATION FOR THORACIC SURGERY 10304 EATON PLACE SUITE 100 1035 FAIRFAX VA 22030 046406547 501(3) 65000 0 N/A N/A EDWARDS 2020 JOHNS HOPKINS UNIVERSITY 3910 KESWICK ROAD BALTIMORE MD 21211 520595110 501(3) 50000 0 N/A N/A SURGICAL INVESTIGATOR PROGRAM JOHNS HOPKINS UNIVERSITY 3910 KESWICK ROAD BALTIMORE MD 21211 520595110 501(3) 50000 0 N/A N/A WTS MID-CAREER INVESTIGATOR AWARD MASSACHUSETTS GENERAL HOSPITAL - RESEARCH 55 FRUIT STREET BOSTON MA 02114 042697983 501(3) 50000 0 N/A N/A WTS MID-CAREER INVESTIGATOR AWARD NATIONWIDE CHILDREN'S HOSPITAL 700 CHILDRENS DR TREASURY SUITE E2D COLUMBUS OH 43205 314379441 501(3) 8500 0 N/A N/A MARC R. DE LEVAL FELLOWSHIP STANFORD UNIVERSITY 485 BROADWAY MAIL CODE 8838 REDWOOD CITY CA 94063 941156365 501(3) 80000 0 N/A N/A RESEARCH SCHOLARSHIPS TEMPLE UNIVERSITY - OF THE COMMONWEALTH SYSTEM OF HIGHER EDUCATION 1805 N BROAD STREET 1108 WACHMANN HALL PHILADELPHIA PA 19122 231365971 501(3) 10000 0 N/A N/A HOM - LAWRENCE H. COHN FELLOWSHIP THE REGENTS OF THE UNIVERSITY OF CALIFORNIA LOS ANGELES 10889 WILSHIRE BLVD SUITE 600 LOS ANGELES CA 90095 956006143 501(3) 8500 0 N/A N/A MARC R. DE LEVAL FELLOWSHIP TRUSTEES OF COLUMBIA UNIVERSITY 615 WEST 131ST STREET MC 8741 NEW YORK NY 10029 135598093 501(3) 50000 0 N/A N/A SURGICAL INVESTIGATOR PROGRAM UNIVERSITY OF PITTSBURGH PHYSICIANS 200 LOTHROP STREET UPMC PRESBYTERIAN S TOWER PITTSBURG PA 15213 232919472 501(3) 10000 0 N/A N/A HOM - TIMOTHY J. GARDNER FELLOWSHIP UNIVERSITY OF VIRGINIA 1001 NORTH EMMET STREET CHARLOTTESVILLE VA 22903 546001796 501(3) 40000 0 N/A N/A RESIDENT RESEARCH CARDIAC SCHOLARSHIP WEILL MEDICAL COLLEGE OF CORNELL UNIVERSITY 575 LEXINGTON AVENUE 9TH FLOOR 9TH FLOOR NEW YORK NY 10022 131623978 501(3) 50000 0 N/A N/A SURGICAL INVESTIGATOR PROGRAM WEST VIRGINIA UNIVERSITY ONE WATERFRONT PLACE PO BOX 6005 MORGANTON WV 26506 556000842 501(3) 50000 0 N/A N/A SURGICAL INVESTIGATOR PROGRAM 23 0 ATRICURE JAMES L. COX FELLOWSHIP 4 28750 N/A N/A EDWARDS PROGRAM 1 1500 N/A N/A GRAHAM TRAVELING FELLOWSHIP 1 50000 N/A N/A INTUITIVE ADVANCED LOBECTOMY COURSE 35 27150 N/A N/A INTUITIVE SURGICAL ROBOTICS FELLOWSHIP 35 46454 N/A N/A HOM - CLEVELAND CLINIC 19 16500 N/A N/A HOM - DENTON COOLEY FELLOWSHIP 1 5000 N/A N/A HOM - F. GRIFFITH PEARSON FELLOWSHIP 1 9000 N/A N/A HOM - JACK. A ROTH 1 15000 N/A N/A WTS MID-CAREER INVESTIGATOR AWARD 1 50000 N/A N/A MEDICAL STUDENT DIVERSITY SCHOLARSHIP 16 182500 N/A N/A SUMMER INTERN PROGRAM 8 20000 N/A N/A PART I, LINE 2: AATS 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. 0 0 0 0 0 0 0 0 0 DAVID R BOBBITT MSC MBA CHIEF EXECUTIVE OFFICER 0 363661 0 53250 0 0 0 16980 0 40484 0 474375 0 0 MELISSA BINETTE VP, DEVELOPMENT & STRATEGIC PARTNERS 0 167451 0 17500 0 0 0 9139 0 35377 0 229467 0 0 ADAM SILVA VP OF ADMINISTRATION 0 140937 0 16000 0 0 0 8782 0 36105 0 201824 0 0 DEBORAH MCCLINTOCK CHIEF FINANCIAL OFFICER 0 139105 0 23000 0 0 0 6930 0 27163 0 196198 0 0 LISA GIBSON DIRECTOR OF MARKETING & COMMUNICATIO 0 135184 0 15000 0 0 0 4327 0 12642 0 167153 0 0 PART I, LINE 3 THE 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. FORM 990, PART VI, SECTION A, LINE 1A THE 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 4 SECTION 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 7B THE AATS FOUNDATION BOARD IS APPOINTED BY THE AATS BOARD. FORM 990, PART VI, SECTION B, LINE 11B MATERIALS 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 12C ANNUALLY, 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 15 AMERICAN ASSOCIATION FOR THORACIC SURGERY, THE FOUNDATION'S RELATED ORGANIZATION, COMPENSATES SUCH INDIVIDUALS. FORM 990, PART VI, SECTION C, LINE 19 THE 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. AMERICAN ASSOCIATION FOR THORACIC SURGERY 10304 EATON PLACE SUITE 100 1035 FAIRFAX VA 22030 046406547 PROMOTE SCHOLARSHIP, INNOVATION, & LEADERSHIP FOR CARDIOTHORACIC SURGERY IL 501(C)(6) 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 AMERICAN ASSOCIATION FOR THORACIC SURGERY D 2138477 FAIR MARKET VALUE AMERICAN ASSOCIATION FOR THORACIC SURGERY M 177481 FAIR MARKET VALUE AMERICAN ASSOCIATION FOR THORACIC SURGERY N 42908 FAIR MARKET VALUE AMERICAN ASSOCIATION FOR THORACIC SURGERY O 515319 FAIR MARKET VALUE AMERICAN ASSOCIATION FOR THORACIC SURGERY S 200000 FAIR MARKET VALUE