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FOUNDATION FOR ANGELMAN SYNDROME THERAPEUTICS: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
FOUNDATION FOR ANGELMAN SYNDROME THERAPEUTICS (EIN 26-3160079)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-09-29
IRS object ID
202532729349301973
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)
Return2025-09-29T20:24:06-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN453950334PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HEGRE MCMAHON & SCHIMMEL LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1600 ENTERPRISE DRIVE STE 109AddressLine1Txt
CityOAK BROOKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60523ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN263160079EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FOUNDATION FOR ANGELMAN SYNDROMEBusinessNameLine1Txt
Business Name Line2THERAPEUTICSBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlFOUNBusinessNameControlTxt
Phone8667830078PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15900 BALCONES DRIVE 8754AddressLine1Txt
CityAUSTINCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78731ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRYAN JACOBPersonNm
Person TitleCHAIRPERSONPersonTitleTxt
Phone8667830078PhoneNum
Signature2025-09-29SignatureDt
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 PersonSTEVEN LOMBARDOPreparerPersonNm
PTINP01584928PTIN
Phone3123456200PhoneNum
Preparation2025-09-27PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerRYAN JACOBPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15900 BALCONES DRIVE 8754AddressLine1Txt
CityAUSTINCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78731ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$9,721,341GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.CUREANGELMAN.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2008FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionTHE FOUNDATION FOR ANGELMAN SYNDROME THERAPEUTICS (FAST) IS DEDICATED TO FINDING A CURE FOR ANGELMAN SYNDROME (AS) AND RELATED DISORDERS THROUGH THE FUNDING OF AN AGGRESSIVE RESEARCH AGENDA, EDUCATION, AWARENESS, AND ADVOCACY.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee11TotalEmployeeCnt
Total Volunteers291TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$3,866,276PYContributionsGrantsAmt
CY Contributions Grants$3,723,744CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$2,734,710PYInvestmentIncomeAmt
CY Investment Income$1,677,094CYInvestmentIncomeAmt
PY Other Revenue-$75,171PYOtherRevenueAmt
CY Other Revenue-$12,578CYOtherRevenueAmt
PY Total Revenue$6,525,815PYTotalRevenueAmt
CY Total Revenue$5,388,260CYTotalRevenueAmt
PY Grants And Similar Paid$18,691,164PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$3,698,573CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,374,639PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,926,752CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$398,605CYTotalFundraisingExpenseAmt
PY Other Expenses$3,163,355PYOtherExpensesAmt
CY Other Expenses$3,766,644CYOtherExpensesAmt
PY Total Expenses$23,229,158PYTotalExpensesAmt
CY Total Expenses$10,391,969CYTotalExpensesAmt
PY Revenues Less Expenses-$16,703,343PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$5,003,709CYRevenuesLessExpensesAmt
Total Assets BOY$58,430,242TotalAssetsBOYAmt
Total Assets EOY$44,915,881TotalAssetsEOYAmt
Total Liabilities BOY$18,609,384TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,707,817TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$39,820,858NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$40,208,064NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionANGELMAN SYNDROME (AS) IS A NEURODEVELOPMENTAL DISORDER CHARACTERIZED BY GLOBAL DEVELOPMENT DELAYS AND SEVERE SPEECH IMPAIRMENT. A FEW INDIVIDUALS WITH AS DEVELOP FUNCTIONAL SPEECH, BUT MOST COMMUNICATE THROUGH A MIXTURE OF GESTURES, EYE GAZE, ADAPTED SIGN LANGUAGE AND AUGUMENTATIVE COMMUNICATION DEVICES. INDIVIDUALS WITH AS HAVE DEVELOPMENT DELAY AND INTELLECTUAL DISABILITIES. CURRENT RESEARCH SUGGESTS THAT NEURONAL DEVELOPMENT OCCURS CORRECTLY IN AS, BUT NEURONAL FUNCTIONING IS IMPAIRED. THIS NEURONAL IMPAIRMENT IMPACTS THE INDIVIDUAL'S ABILITY TO LEARN IN THAT SKILLS ARE ACQUIRED LESS RAPIDLY THAN IN AGE-MATCHED PEERS. THE FOUNDATION FOR ANGELMAN SYNDROME THERAPEUTICS IS AN ORGANIZATION OF FAMILIES AND PROFESSIONALS DEDICATED TO FINDING A CURE FOR AS AND RELATED DISORDERS THROUGH THE FUNDING OF AN AGRESSIVE RESEARCH AGENDA, EDUCATION, ADVOCACY, AND COMMUNITY SUPPORT. FAST IS COMMITTED TO ASSISTING INDIVIDUALS LIVING WITH AS TO REALIZE THEIR FULL POTENTIAL AND QUALITY OF LIFE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,698,573ExpenseAmt
Grant$3,698,573GrantAmt
DescFAST'S PRIMARY GOAL IS TO ADVANCE RESEARCH LEADING TO A CURE FOR AS IN THE FORM OF PROVIDING GRANTS TO UNIVERSITIES TO PERFORM RESEARCH AND TESTING.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$5,532,984ExpenseAmt
Grant$0GrantAmt
DescAS IS A RARE DISORDER. THE COMMUNITY OF PARENTS AND CAREGIVERS OF INDIVIDUALS WITH AS RELY HEAVILY ON SOCIAL NETWORKING TO BECOME INFORMED AND SEEK ADVICE AND GUIDANCE ON THE CHALLENGES WHICH THE DISORDER PRESENTS. IT IS ONE OF FAST'S OBJECTIVES TO EDUCATE, SUPPORT, AND STRENGTHEN THIS COMMUNITY.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$9,231,557TotalProgramServiceExpensesAmt
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 EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related InvstYes (1)ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
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 With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document34IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee11EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
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 Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint VentureYes (1)InvestmentInJointVentureInd
Written Policy Or ProcedureYes (1)WrittenPolicyOrProcedureInd
States Where Copy Of Return Is FldALStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldAKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldARStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
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States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldHIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMEStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMSStatesWhereCopyOfReturnIsFldCd
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States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNMStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
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 FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWVStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonKENA PEARSONPersonNm
Phone8667830078PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15900 BALCONES DRIVE 8754AddressLine1Txt
CityAUSTINCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78731ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
RYAN JACOB
CHAIRPERSON18.004.00Yes (X)Yes (X)$0$0$0
MICHAEL HANRAHAN
VICE CHAIRPERSON AND TR10.002.00Yes (X)Yes (X)$0$0$0
GUY SHAPIRAL
TRESURER15.00Yes (X)Yes (X)$0$0$0
AMELIA BEATTY
SECRETARY15.002.00Yes (X)$0$0$0
KARLY WARNER
DIRECTOR5.00Yes (X)$0$0$0
JOHN SCHLUETER
DIRECTOR15.00Yes (X)$0$0$0
KELLY DAVID
DIRECTOR10.00Yes (X)Yes (X)$0$0$0
BEN O'CONNOR
DIRECTOR5.002.00Yes (X)$0$0$0
ROY AZOUT
DIRECTOR5.00Yes (X)$0$0$0
LAUREN HOFFER
DIRECTOR5.00Yes (X)$0$0$0
NORA XU
DIRECTOR5.00Yes (X)$0$0$0
ALLYSON BERENT
CHIEF SCIENCE OFFICER2.0040.00Yes (X)Yes (X)$0$509,945$0
RYAN K FISCHER
CHIEF OPERATING OFICER40.00Yes (X)$286,130$0$0
ALANA NEWHOUSE
PRESIDENT/CEO40.00Yes (X)$245,000$0$0
KENA PEARSON
CHIEF FINANCIAL OFFICER40.00Yes (X)$232,568$0$0
MICHELE GOLOMBUSKI
CHIEF DEVELOPMENT OFFICER40.00Yes (X)$210,068$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$973,766TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$509,945TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K4IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
FAEGRE DRINKER BIDDLE & REATH LLP
1500 K ST NW STE 1100WASHINGTONDC20005ADVOCACY FIRM$324,783
VAN NESS CREATIVE STRATEGIES LLC
ONE HUNTINGTON QUADRANGLE STE 4S05MELVILLENY11747MARKETING$297,590
CHOATE HALL & STEWART LLP
TWO INTERNATIONAL PLACEBOSTONMA02110LEGAL SERVICES$204,561
MAIDDY DUNIGAN
5135 KINGWELL CIROVIEDOFL32765CONULTING$183,985
JESSICA DOBSON WEAVER
3207 MEREDITH STAUSTINTX78703BOARD CONSULTANT$131,250
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K6CntrctRcvdGreaterThan100KCnt
Fundraising$432,376FundraisingAmt
All Other Contributions$3,291,368AllOtherContributionsAmt
Total Contributions$3,723,744TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,474,934TotalRevenueColumnAmt
Exclusion$1,474,934ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$4,160,540SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$3,958,380SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$202,160SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$202,160TotalRevenueColumnAmt
Exclusion$202,160ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$322,583FundraisingGrossIncomeAmt
Fundraising Direct Expenses$374,701FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$52,118TotalRevenueColumnAmt
Exclusion-$52,118ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Business900099BusinessCd
Total Revenue Column$39,540TotalRevenueColumnAmt
Related Or Exempt Func Income$39,540RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$39,540OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,388,260TotalRevenueColumnAmt
Related Or Exempt Func Income$39,540RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,624,976ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$3,698,573TotalAmt
Program Services$3,698,573ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$763,697TotalAmt
Program Services$421,902ProgramServicesAmt
Management And General$276,555ManagementAndGeneralAmt
Fundraising$65,240FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,030,293TotalAmt
Program Services$1,675,728ProgramServicesAmt
Management And General$196,539ManagementAndGeneralAmt
Fundraising$158,026FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$132,762TotalAmt
Program Services$99,673ProgramServicesAmt
Management And General$22,480ManagementAndGeneralAmt
Fundraising$10,609FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$798,599TotalAmt
Program Services$752,775ProgramServicesAmt
Management And General$45,824ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$71,481TotalAmt
Management And General$71,481ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$429,106TotalAmt
Program Services$391,161ProgramServicesAmt
Management And General$25,779ManagementAndGeneralAmt
Fundraising$12,166FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$34,809TotalAmt
Program Services$26,133ProgramServicesAmt
Management And General$5,894ManagementAndGeneralAmt
Fundraising$2,782FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$126,080TotalAmt
Program Services$92,380ProgramServicesAmt
Management And General$16,850ManagementAndGeneralAmt
Fundraising$16,850FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$367,048TotalAmt
Program Services$367,048ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$26,094TotalAmt
Management And General$13,047ManagementAndGeneralAmt
Fundraising$13,047FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
COMMUNITY OUTREACH GALA$1,124,103$1,124,103$0$0
COMPUTER AND SOFTWARE E$257,297$207,764$33,652$15,881
EDUCATION AND AWARENESS$187,558$187,558$0$0
CAN EXPENSES$168,154$84,077$84,077

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$176,315TotalAmt
Program Services$102,682ProgramServicesAmt
Management And General$53,706ManagementAndGeneralAmt
Fundraising$19,927FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$10,391,969TotalAmt
Program Services$9,231,557ProgramServicesAmt
Management And General$761,807ManagementAndGeneralAmt
Fundraising$398,605FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$701,529BOYAmt
EOY$1,121,744EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$47,521,755BOYAmt
EOY$33,599EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,219,320BOYAmt
EOY$415,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$773,423EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$26,029EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$43,753LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$43,753LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

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

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$5,674,693BOYAmt
EOY$30,923,753EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$2,244,319BOYAmt
EOY$11,574,812EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$68,626BOYAmt
EOY$47,521EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$58,430,242BOYAmt
EOY$44,915,881EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$327,900BOYAmt
EOY$730,241EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$18,215,653BOYAmt
EOY$3,932,850EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$65,831BOYAmt
EOY$44,726EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$18,609,384BOYAmt
EOY$4,707,817EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$39,805,401BOYAmt
EOY$40,192,607EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$15,457BOYAmt
EOY$15,457EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$39,820,858BOYAmt
EOY$40,208,064EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$58,430,242BOYAmt
EOY$44,915,881EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$5,003,709ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$1,359,407NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments$4,031,508PriorPeriodAdjustmentsAmt
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)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
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 Minus4 Years$3,364,172CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,669,359CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,948,249CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$986,878CurrentTaxYearMinus1YearAmt
Current Tax Year$3,723,744CurrentTaxYearAmt
Total$18,692,402TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,364,172CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,669,359CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,948,249CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$986,878CurrentTaxYearMinus1YearAmt
Current Tax Year$3,723,744CurrentTaxYearAmt
Total$18,692,402TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$3,099,019SubstantialContributorsTotAmt
Public Support Total170$15,593,383PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years-$428,601CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years-$181,056CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,531,868CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,969,313CurrentTaxYearMinus1YearAmt
Current Tax Year$1,474,934CurrentTaxYearAmt
Total$4,366,458TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$13,298CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$55,104CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus1 Year$16,232CurrentTaxYearMinus1YearAmt
Current Tax Year$39,540CurrentTaxYearAmt
Total$124,174TotalAmt
FieldValueIRS element (for citing)
Total Support$23,183,034TotalSupportAmt
Gross Receipts Rltd Activities$686,336GrossReceiptsRltdActivitiesAmt
Public Support CY1700.67260PublicSupportCY170Pct
Public Support PY1700.57300PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

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

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$43,753OtherCostOrOtherBasisAmt
Depreciation$43,753DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
INVESTMENTS AT FAIR MARKET VALUE$24,642,403F
INVESTMENTS AT NET ASSET VALUE$6,281,350F
FieldValueIRS element (for citing)
Total Book Value Securities$30,923,753TotalBookValueSecuritiesAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (5 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
INVESTMENT IN TMX$3,191,622F
INVESTMENT IN MAVRIX$2,000,000F
INVESTMENT IN COURAGENE INC.$1,000,000C
INVESTMENT IN AS2 BIO$383,109F
INVESTMENT IN COURAGEAS$5,000,081C
FieldValueIRS element (for citing)
Total Book Value Program Rltd$11,574,812TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOPERATING LEASE LIABILITIESDesc
Amt$44,726Amt
FieldValueIRS element (for citing)
Total Liability$44,726TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$7,050,887TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$1,359,407NetUnrealizedGainsInvstAmt
Other Revenue$374,701OtherRevenueAmt
Revenue Not Reported$1,734,108RevenueNotReportedAmt
Revenue Subtotal$5,316,779RevenueSubtotalAmt
Investment Expenses Not Incld$71,481InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$71,481RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$5,388,260TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$10,695,189TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$374,701OtherExpensesIncludedAmt
Expenses Not Reported$374,701ExpensesNotReportedAmt
Expenses Subtotal$10,320,488ExpensesSubtotalAmt
Investment Expenses Not Incld2$71,481InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$71,481ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$10,391,969TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART XI, LINE 2D - OTHER ADJUSTMENTS:DIRECT EXPENSES FROM FUNDRAISING EVENTS (PAGE 9, PART VIII, LINE 8B)
PART XII, LINE 2D - OTHER ADJUSTMENTS:DIRECT EXPENSES FROM FUNDRAISING EVENTS (PAGE 9, PART VIII, LINE 8B)
FORM 990, SCHEDULE D, PART XI, LINE 2D AND PART XII, LINE 2DPART XI, LINE 2D - DIRECT EXPENSES FROM FUNDRAISING EVENTS INCLUDED ON PAGE 9, PART VIII, LINE 8B. PART XII, LINE 2D - DIRECT EXPENSES FROM FUNDRAISING EVENTS INCLUDED ON PAGE 9, PART VIII, LINE 8B.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1ANNUAL GALAEvent1Nm
Gross Receipts Event1$322,583GrossReceiptsEvent1Amt
Gross Revenue Event1$322,583GrossRevenueEvent1Amt
Other Direct Expenses Event1$374,701OtherDirectExpensesEvent1Amt
Gross Receipts Total$322,583GrossReceiptsTotalAmt
Gross Revenue Total Events$322,583GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$374,701OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$374,701DirectExpenseSummaryEventsAmt
Net Income Summary-$52,118NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (10 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
DUKE UNIVERSITY
PO BOX 602651CHARLOTTENC28260560532129115(1)$317,848$0FT2018-005 AMENDED: GPIC-COMM
UNIVERSITY OF PENNSYLVANIA
PO BOX 785541PHILADELPHIAPA19178231352685115(1)$5,860,869$0UPENN 2023: RESEARCH, COLLABORATION & LICENSE AGREEMENT
KECK GRADUATE INSTITUTE OF APPLIED LIFE SCIENCES
535 WATSON DRIVECLAREMONTCA91711954625327115(1)$125,000$0FT2022-002: TARGETING ANGELMAN SYNDROME THERAPEUTICS TO THE BRAIN UTILIZING NOVEL CELL PENETRATING PEPTIDES
CHILDREN'S RESEARCH INSTITUTE
111 MICHIGAN AVENUE NW STE 5400WASHINGTONDC20010521654453115(1)$140,846$0FT2022-003: PEAK ALPHA FREQUENCY AS AN EEG BIOMARKER FOR ANGELMAN SYNDROME
BROWN UNIVERSITY
CONTROLLERS OFFICE - BOX JPROVIDENCERI02912050258809115(1)$150,000$0FT2022-005: DEVELOPMENT OF BDNF POTENTIATING THERAPEUTICS FOR MOTOR AND COGNITIVE DYSFUNCTION IN AS
BROWN UNIVERSITY
CONTROLLERS OFFICE - BOX JPROVIDENCERI02912050258809115(1)$50,500$0PD2023-001: POSTDOCTORAL FELLOWSHIP PROGRAM
BOSTON CHILDREN'S HOSPITAL
300 LONGWOOD AVENUEBOSTONMA02115042774441115(1)$470,957$0FT2022-006: ABOM - NATURAL HISTORY STUDY
REGENTS OF THE UNIVERSITY OF CALIFORNIA DAVIS
1 SHIELDS AVENUEDAVISCA95616946036494115(1)$274,044$0FT2022-007: GASTROINTESTINAL BIOMARKERS IN PRECLINICAL MODELS OF ANGELMAN SYNDROME
RUSH UNIVERSITY MEDICAL CENTER
1653 W CONGRESS PKWYCHICAGOIL60612362174823115(1)$320,500$0RUSH COE
THE REGENTS OF THE UNIVERSITY OF CALIFORNIA SAN FRANCISCO
1855 FOLSOM STREET STE 425SAN FRANCISCOCA94143946036493115(1)$210,711$0FT2023-002: DEVELOPING A CRISPRA THERAPY FOR THE CLASSI/II DELETION GENOTYPE OF ANGELMAN SYNDROME
FieldValueIRS element (for citing)
Total501c3 Org10Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE FOUNDATION REQUIRES SEMI-ANNUAL REPORTS FROM THE RECIPIENT OF THE FUNDS WHICH MUST INCLUDE A PROGRESS STATUS AND AN ACCOUNTING OF THE FUNDS. IN ADDITION, THE FOUNDATION RESERVES THE RIGHT TO MAKE PERIODIC SIGHT VISITS AS DEEEMED NECESSARY. THE FOUNDATION MAY ALSO OBTAIN MORE INFREQUENT INFORMAL UPDATES VIA TELEPHONE OR E-MAIL.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Independent ConsultantYes (X)IndependentConsultantInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (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
ALLYSON BERENT
CHIEF SCIENCE OFFICER$0$509,945$0$0$0$0$0$0$0$0$0$509,945$0$0
RYAN K FISCHER
CHIEF OPERATING OFICER$254,930$0$31,200$0$0$0$0$0$0$0$286,130$0$0$0
ALANA NEWHOUSE
PRESIDENT/CEO$245,000$0$0$0$0$0$0$0$0$0$245,000$0$0$0
KENA PEARSON
CHIEF FINANCIAL OFFICER$211,068$0$21,500$0$0$0$0$0$0$0$232,568$0$0$0
MICHELE GOLOMBUSKI
CHIEF DEVELOPMENT OFFICER$190,693$0$19,375$0$0$0$0$0$0$0$210,068$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE BOARD OBTAINED A WRITTEN COMPENSATION ANALYSIS FROM WILLIS TOWERS WATSON, WHO SPECIALIZES IN EXECUTIVE COMPENSATION ASSESSMENTS. THE BOARD REVIEWED THIS COMPENSATION ANALYSIS, THE JOB DESCRIPTION, AND THE CURRENT NEEDS OF THE FOUNDATION TO SET THE COMPENSATION LEVELS FOR THE COO AND CFO POSITION.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 4THE ORGANIZATION AMENDED THEIR BY-LAWS ON SEPTEMBER 2, 2024.
FORM 990, PART VI, SECTION A, LINE 8BTHE FOUNDATION DOES NOT CURRENTLY HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BTHE BOOKS AND RECORDS ARE MAINTAINED BY FAST'S TREASURER AND REVIEWED BY THE CFO AND THE VICE CHAIRPERSON. FAST'S TREASURER GIVES FAST'S BOOKS AND RECORDS TO AN OUTSIDE CPA FIRM TO PREPARE FAST'S FORM 990. ONCE COMPLETED THE FORM 990 IS PROVIDED TO THE TREASURER, CFO AND VICE CHAIRPERSON FOR REVIEW. THE TREASURER, CFO AND VICE CHAIRPERSON REVIEW THE RETURN IN GREAT DETAIL, ASKING CLARIFYING QUESTIONS AND SUGGESTING CHANGES. ONCE THE RECOMMENDED CHANGES HAVE BEEN INCORPORATED INTO THE RETURN, THE FORM 990 IS DISTRIBUTED TO ALL BOARD MEMBERS FOR QUESTIONS, COMMENTS, AND RECOMMENDED CHANGES. ONCE THE BOARD MEMBERS QUESTIONS HAVE BEEN ANSWERED AND ANY CHANGES INCORPORATED INTO THE RETURN, THE FORM 990 IS FILED.
FORM 990, PART VI, SECTION B, LINE 12CBOARD MEMBERS ARE REQUIRED TO CERTIFY ON AN ANNUAL BASIS ANY INTEREST THAT COULD GIVE RISE TO A CONFLICT. IF A CONFLICT APPEARS TO HAVE ARISEN, FAST BOARD OF DIRECTORS MEET TO DISCUSS THE POTENTIAL CONFLICT OF INTEREST AND CONSULT LEGAL COUNSEL AND OTHER APPLICABLE THIRD-PARTY EXPERTS AS DEEMED NECESSARY.
FORM 990, PART VI, SECTION B, LINE 15THE BOARD OBTAINED A WRITTEN COMPENSATION ANALYSIS FROM WILLIS TOWERS WATSON, WHO SPECIALIZES IN EXECUTIVE COMPENSATION ASSESSMENTS. THE BOARD REVIEWED THIS COMPENSATION ANALYSIS, THE JOB DESCRIPTION, AND THE CURRENT NEEDS OF THE FOUNDATION TO SET THE COMPENSATION LEVELS FOR THE COO AND CFO POSITION. ALL BOARD OF DIRECTORS, OFFICERS, AND SCIENTIFIC ADVISORY BOARD MEMBERS ARE NON-COMPENSATED VOLUNTEERS.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AS WELL AS ON THE FOUNDATION'S WEBSITE.

Schedule R IRS990ScheduleR

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtPredominant Income TypePredominantIncomeTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerIndOwnershipOwnershipPct
TRANSFORMATX BIOTHERAPEUTICS LLC
57 SHADE STREETLEXINGTONMA02421263160079MEDICAL RESEARCHDEFASTRELATED-$474,715$2,604,0010Yes (1)0.92630
MAVRIX BIO LLC
35 VILLAGE RD STE 100MIDDLETONMA01949332209130MEDICAL RESEARCHDEFASTRELATED-$127,596$1,131,5830Yes (1)0.90000

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1AS2 BIO INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line135 VILLAGE ROAD SUITE 100AddressLine1Txt
CityMIDDLETONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01949ZIPCd
FieldValueIRS element (for citing)
Primary ActivitiesMANAGEMENT COMPANYPrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1FASTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeCEntityTypeTxt
Share Of Total Income-$34,027ShareOfTotalIncomeAmt
Share Of EOY Assets$708,945ShareOfEOYAssetsAmt
Ownership0.62000OwnershipPct
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
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 OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
AS2 BIO
M$1,679,065BOOK
MAVRIX BIO LLC
B$2,000,000BOOK
AS2 BIO
B$386,761BOOK
TRANSFORMATX BIOTHERAPEUTICS LLC
B$947,303BOOK