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      <Form990ScheduleDPartXIII>
        <Identifier>ASC 740 FOOTNOTE</Identifier>
        <Explanation>The Academy and ARTrust are generally exempt from federal and state income taxes under the provisions of Section 501 (c)(3) of the Internal Revenue Code; however, the net income from certain activities of the Academy may be subject to income tax as unrelated business income. During 2012 and 2011, no provision for income taxes has been recorded in the consolidated statement of activities. The Organization must recognize the tax benefit associated with tax positions taken for tax return purposes when it is more likely than not the position will be sustained. The Organization does not believe there are any material uncertain tax positions and, accordingly, it did not recognize any liability for unrecognized tax benefits. For the years ended December 31, 2012 and 2011, there were no interest or penalties recorded or included in the financial statements.</Explanation>
      </Form990ScheduleDPartXIII>
      <Form990ScheduleDPartXIII>
        <Identifier>Part V, Line 4</Identifier>
        <Explanation>Net assets subject to donor-imposed stipulations requiring in perpetuity that the principal be invested and that only income be expended. Revenues are reported as increases in unrestricted net assets, unless use of the related assets is limited by donor-imposed restrictions. Expenses are reported as decreases in unrestricted net assets. Expirations of temporary restrictions on net assets are reported as reclassifications between the applicable classes of net assets. Donor-restricted contributions whose restrictions are met during the same year are reported in the unrestricted net asset classification. Donor contributions are received for general operating purposes and to support specific programs. Contributions, including unconditional promises to give, are recognized as revenues in the periodthe pledge is received. Conditional promises to give are not recognized until they become unconditional, that is, when the conditions on which they depend are substantially met.</Explanation>
      </Form990ScheduleDPartXIII>
    </IRS990ScheduleD>
    <IRS990ScheduleF documentId="IRS990ScheduleF">
      <GrantRecordsMaintained>true</GrantRecordsMaintained>
      <AcctsActvsOutUSTable>
        <Region>North America</Region>
        <TypeOfActivitiesConducted>Grantmaking</TypeOfActivitiesConducted>
        <SpecificServicesProvided>n/a</SpecificServicesProvided>
        <TotalExpenditures>9000</TotalExpenditures>
      </AcctsActvsOutUSTable>
      <AcctsActvsOutUSTable>
        <Region>East Asia and the Pacific</Region>
        <TypeOfActivitiesConducted>Grantmaking</TypeOfActivitiesConducted>
        <SpecificServicesProvided>n/a</SpecificServicesProvided>
        <TotalExpenditures>8000</TotalExpenditures>
      </AcctsActvsOutUSTable>
      <AcctsActvsOutUSTable>
        <Region>Europe (Including Iceland and Greenland)</Region>
        <TypeOfActivitiesConducted>Grantmaking</TypeOfActivitiesConducted>
        <SpecificServicesProvided>n/a</SpecificServicesProvided>
        <TotalExpenditures>38000</TotalExpenditures>
      </AcctsActvsOutUSTable>
      <SubtotalAmountSpent>55000</SubtotalAmountSpent>
      <TotalAmountSpent>55000</TotalAmountSpent>
      <GrantsToIndOutsideUS>
        <TypeOfAssistance>TRAVEL GRANT/FACULTY STIPEND</TypeOfAssistance>
        <Region>North America</Region>
        <NumberOfRecipients>7</NumberOfRecipients>
        <AmountOfCashGrant>9000</AmountOfCashGrant>
        <MannerOfCashDisbursement>CHECK/WIRE</MannerOfCashDisbursement>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
        <MethodOfValuation>N/A</MethodOfValuation>
      </GrantsToIndOutsideUS>
      <GrantsToIndOutsideUS>
        <TypeOfAssistance>TRAVEL GRANT/FACULTY STIPEND</TypeOfAssistance>
        <Region>East Asia and the Pacific</Region>
        <NumberOfRecipients>6</NumberOfRecipients>
        <AmountOfCashGrant>8000</AmountOfCashGrant>
        <MannerOfCashDisbursement>CHECK/WIRE</MannerOfCashDisbursement>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
        <MethodOfValuation>N/A</MethodOfValuation>
      </GrantsToIndOutsideUS>
      <GrantsToIndOutsideUS>
        <TypeOfAssistance>TRAVEL GRANT/FACULTY STIPEND</TypeOfAssistance>
        <Region>Europe (Including Iceland and Greenland)</Region>
        <NumberOfRecipients>33</NumberOfRecipients>
        <AmountOfCashGrant>38000</AmountOfCashGrant>
        <MannerOfCashDisbursement>CHECK/WIRE</MannerOfCashDisbursement>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
        <MethodOfValuation>N/A</MethodOfValuation>
      </GrantsToIndOutsideUS>
      <TransferToForeignCorp>false</TransferToForeignCorp>
      <InterestInForeignTrust>false</InterestInForeignTrust>
      <OwnForeignCorp>false</OwnForeignCorp>
      <PassiveForeignInvestCo>false</PassiveForeignInvestCo>
      <ForeignPartnership>false</ForeignPartnership>
      <BoycottCountries>false</BoycottCountries>
      <Form990ScheduleFPartV>
        <Identifier>Schedule F Part I, line 2</Identifier>
        <Explanation>The AAAAI international Travel Scholarship program is designed to provide housing and travel grants to International In-Training Members to attend the AAAAI Annual Meeting. Applicants for the program must be International In-training members of the AAAAI and have submitted a scientific abstract accepted for presentation at the Annual Meeting. Applicants submit an application that includes their abstract, CV, and an outline of their research interests and future career plans in allergy/immunology. The application must be counter signed by an AAAAI Fellow. Applications are reviewed by the leadership of the International Assembly, a constituency group of the AAAAI representing international members. To receive reimbursement, International travel scholarship recipients must present receipts for their travel and housing expenses. Travel grant amounts vary depending on the travel distance to the meeting.</Explanation>
      </Form990ScheduleFPartV>
    </IRS990ScheduleF>
    <IRS990ScheduleG documentId="IRS990ScheduleG">
      <EventsInformation>
        <NameOfEvent1>ART BENEFIT DIN</NameOfEvent1>
        <GrossReceiptsEvent1>165638</GrossReceiptsEvent1>
        <CharitableContributionsEvent1>64663</CharitableContributionsEvent1>
        <GrossRevenueEvent1>100975</GrossRevenueEvent1>
        <FoodAndBeverageEvent1>60878</FoodAndBeverageEvent1>
        <EntertainmentEvent1>11340</EntertainmentEvent1>
        <OtherDirectExpensesEvent1>26169</OtherDirectExpensesEvent1>
        <TotalNumberOfOtherEvents>0</TotalNumberOfOtherEvents>
        <GrossReceiptsTotal>165638</GrossReceiptsTotal>
        <CharitableContributionsTotal>64663</CharitableContributionsTotal>
        <GrossRevenueTotalEvents>100975</GrossRevenueTotalEvents>
        <FoodAndBeverageTotalEvents>60878</FoodAndBeverageTotalEvents>
        <EntertainmentTotalEvents>11340</EntertainmentTotalEvents>
        <OtherDirectExpensesTotalEvents>26169</OtherDirectExpensesTotalEvents>
        <DirectExpenseSummaryEvents>98387</DirectExpenseSummaryEvents>
        <NetIncomeSummary>2588</NetIncomeSummary>
      </EventsInformation>
    </IRS990ScheduleG>
    <IRS990ScheduleI documentId="IRS990ScheduleI">
      <RecordsMaintained>true</RecordsMaintained>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>ALLERGY ASTHMA &amp; IMMUNOLOGY ASSOCIATES OF TAMPA</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>13801 BRUCE B DOWNS BLVD 502</AddressLine1>
          <City>TAMPA BAY</City>
          <State>FL</State>
          <ZIPCode>33613</ZIPCode>
        </AddressUS>
        <EINOfRecipient>592612475</EINOfRecipient>
        <IRCSection>501(c)(6)</IRCSection>
        <AmountOfCashGrant>20000</AmountOfCashGrant>
        <MethodOfValuation>N/A</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>PRESIDENTIAL STIPEND</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>Mount Sinai School of Medicine</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>ONE Gustave L Levy PLACE</AddressLine1>
          <AddressLine2>BOX 1198</AddressLine2>
          <City>new york</City>
          <State>NY</State>
          <ZIPCode>10029</ZIPCode>
        </AddressUS>
        <EINOfRecipient>136171197</EINOfRecipient>
        <IRCSection>501(C)(3)</IRCSection>
        <AmountOfCashGrant>80922</AmountOfCashGrant>
        <MethodOfValuation>N/A</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>Jaffe 3rd Year Fellowship Food Allergy Research Award</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>Brigham &amp; Womens' Hospital</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>PO BOX 3149</AddressLine1>
          <City>BOSTON</City>
          <State>MA</State>
          <ZIPCode>02115</ZIPCode>
        </AddressUS>
        <EINOfRecipient>042312909</EINOfRecipient>
        <IRCSection>501(C)(3)</IRCSection>
        <AmountOfCashGrant>142500</AmountOfCashGrant>
        <MethodOfValuation>N/A</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>YOUNG INVESTIGATOR AWARD FOR PRIMARY IMMUNE DEFICIENCY, HOWARD GITTIS MEMORIAL 3RD/4TH YEAR FELLOWSHIP/INSTRUCTOR AWARD, FACULTY DEVELOPMENT AWARD</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>Children's Hospital Boston</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>PO BOX 44413</AddressLine1>
          <City>boston</City>
          <State>MA</State>
          <ZIPCode>02241</ZIPCode>
        </AddressUS>
        <EINOfRecipient>042774441</EINOfRecipient>
        <IRCSection>501(C)(3)</IRCSection>
        <AmountOfCashGrant>32500</AmountOfCashGrant>
        <MethodOfValuation>N/A</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>HOWARD GITTIS MEMORIAL 3RD/4TH YEAR FELLOWSHIP/INSTRUCTOR AWARD</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>Children's Hospital of Philadelphia</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>3615 CIVIC CENTER</AddressLine1>
          <AddressLine2>ARC-1016H</AddressLine2>
          <City>PHILADELPHIA</City>
          <State>PA</State>
          <ZIPCode>19104</ZIPCode>
        </AddressUS>
        <EINOfRecipient>231352166</EINOfRecipient>
        <IRCSection>501(C)(3)</IRCSection>
        <AmountOfCashGrant>35000</AmountOfCashGrant>
        <MethodOfValuation>N/A</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>Fellowship of Excellence Award, ARTrust Mini-Grant Research Award</PurposeOfGrant>
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      <RecipientTable>
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          <BusinessNameLine1>Cincinnati Children's Hospital</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>MLC 7038 3333 Burnet Avenue</AddressLine1>
          <City>CINCINNATI</City>
          <State>OH</State>
          <ZIPCode>45229</ZIPCode>
        </AddressUS>
        <EINOfRecipient>310537130</EINOfRecipient>
        <IRCSection>501(C)(3)</IRCSection>
        <AmountOfCashGrant>50000</AmountOfCashGrant>
        <MethodOfValuation>N/A</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>FACULTY DEVELOPMENT AWARD</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
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          <BusinessNameLine1>Columbia University</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>630 W 168TH STREET PH8 E ROOM 101</AddressLine1>
          <City>new york</City>
          <State>NY</State>
          <ZIPCode>10032</ZIPCode>
        </AddressUS>
        <EINOfRecipient>135598093</EINOfRecipient>
        <IRCSection>501(C)(3)</IRCSection>
        <AmountOfCashGrant>11000</AmountOfCashGrant>
        <MethodOfValuation>N/A</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>ARTrust Mini-Grant Research Award</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
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          <BusinessNameLine1>Duke University Medical Center</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>DUMC BOX 2644</AddressLine1>
          <AddressLine2>203 Research Dr</AddressLine2>
          <City>DURHAM</City>
          <State>NC</State>
          <ZIPCode>27710</ZIPCode>
        </AddressUS>
        <EINOfRecipient>560532129</EINOfRecipient>
        <IRCSection>501(C)(3)</IRCSection>
        <AmountOfCashGrant>10000</AmountOfCashGrant>
        <MethodOfValuation>N/A</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>ARTrust Mini-Grant Research Award</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
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          <BusinessNameLine1>John's Hopkins University</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>5501 Hopkins Bayview</AddressLine1>
          <City>BALTIMORE</City>
          <State>MD</State>
          <ZIPCode>21224</ZIPCode>
        </AddressUS>
        <EINOfRecipient>520595110</EINOfRecipient>
        <IRCSection>501(C)(3)</IRCSection>
        <AmountOfCashGrant>125000</AmountOfCashGrant>
        <MethodOfValuation>N/A</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>Faculty DEVELOPMENT AWARD, TWO-YEAR POST-DOCTORAL FELLOWSHIP AWARD</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>Los Angeles Society of Allergy Asthma &amp; Clinical</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>2663 ANCHOR AVENUE</AddressLine1>
          <City>LOS ANGELES</City>
          <State>CA</State>
          <ZIPCode>90064</ZIPCode>
        </AddressUS>
        <EINOfRecipient>954581592</EINOfRecipient>
        <IRCSection>501(C)(6)</IRCSection>
        <AmountOfCashGrant>8000</AmountOfCashGrant>
        <MethodOfValuation>N/A</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>Educational Meeting Grant</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
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          <BusinessNameLine1>Northwestern University</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>750 N Lake Shore Dr</AddressLine1>
          <City>chicago</City>
          <State>IL</State>
          <ZIPCode>60611</ZIPCode>
        </AddressUS>
        <EINOfRecipient>362167817</EINOfRecipient>
        <IRCSection>501(C)(3)</IRCSection>
        <AmountOfCashGrant>38125</AmountOfCashGrant>
        <MethodOfValuation>N/A</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>GERIATRICS JUNIOR FACULTY DEVELOPMENT AWARD</PurposeOfGrant>
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      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>University of Michigan</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>3003 South State Street</AddressLine1>
          <AddressLine2>ROOM 1054</AddressLine2>
          <City>ANN ARBOR</City>
          <State>MI</State>
          <ZIPCode>48109</ZIPCode>
        </AddressUS>
        <EINOfRecipient>386006309</EINOfRecipient>
        <IRCSection>501(C)(3)</IRCSection>
        <AmountOfCashGrant>25000</AmountOfCashGrant>
        <MethodOfValuation>N/A</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>Faculty Development Award</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
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          <BusinessNameLine1>Washington University</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>700 ROSEDALE AVENUE</AddressLine1>
          <AddressLine2>CAMPUS BOX 1034</AddressLine2>
          <City>ST LOUIS</City>
          <State>MO</State>
          <ZIPCode>63122</ZIPCode>
        </AddressUS>
        <EINOfRecipient>430653611</EINOfRecipient>
        <IRCSection>501(C)(3)</IRCSection>
        <AmountOfCashGrant>50000</AmountOfCashGrant>
        <MethodOfValuation>N/A</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>FACULTY DEVELOPMENT AWARD</PurposeOfGrant>
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      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>NATIONAL JEWISH HEALTH</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>1400 JACKSON STREET</AddressLine1>
          <AddressLine2>M216</AddressLine2>
          <City>DENVER</City>
          <State>CO</State>
          <ZIPCode>80206</ZIPCode>
        </AddressUS>
        <EINOfRecipient>742044647</EINOfRecipient>
        <IRCSection>501(C)(3)</IRCSection>
        <AmountOfCashGrant>25000</AmountOfCashGrant>
        <MethodOfValuation>N/A</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>TWO-YEAR POST-DOCTORAL FELLOWSHIP AWARD</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
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          <BusinessNameLine1>Asthma Inc</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>9725 Third Avenue NE</AddressLine1>
          <AddressLine2>Suite 500</AddressLine2>
          <City>Seattle</City>
          <State>WA</State>
          <ZIPCode>98115</ZIPCode>
        </AddressUS>
        <EINOfRecipient>237219813</EINOfRecipient>
        <IRCSection>501(C)(3)</IRCSection>
        <AmountOfCashGrant>36000</AmountOfCashGrant>
        <MethodOfValuation>n/a</MethodOfValuation>
        <DescriptionOfNonCashAssistance>n/a</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>Educational Meeting Grant, ARTrust Mini-Grant Research Award</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
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          <BusinessNameLine1>The General Hospital Corp MA General</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>55 Fruit St</AddressLine1>
          <City>Boston</City>
          <State>MA</State>
          <ZIPCode>02114</ZIPCode>
        </AddressUS>
        <EINOfRecipient>042697983</EINOfRecipient>
        <IRCSection>501(C)(3)</IRCSection>
        <AmountOfCashGrant>50000</AmountOfCashGrant>
        <MethodOfValuation>n/a</MethodOfValuation>
        <DescriptionOfNonCashAssistance>n/a</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>Faculty to R Bridge Grant Award</PurposeOfGrant>
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          <BusinessNameLine1>American Lung Association</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>14 Wall St</AddressLine1>
          <AddressLine2>Suite 8c</AddressLine2>
          <City>New York</City>
          <State>NY</State>
          <ZIPCode>10005</ZIPCode>
        </AddressUS>
        <EINOfRecipient>131632524</EINOfRecipient>
        <IRCSection>501(C)(3)</IRCSection>
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        <DescriptionOfNonCashAssistance>n/a</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>Respiratory Diseases Reseach Award</PurposeOfGrant>
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          <BusinessNameLine1>University of Colorado Denver</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>Grants and Contracts Dept 238</AddressLine1>
          <City>Denver</City>
          <State>CO</State>
          <ZIPCode>80291</ZIPCode>
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        <EINOfRecipient>846000555</EINOfRecipient>
        <IRCSection>501(C)(3)</IRCSection>
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        <DescriptionOfNonCashAssistance>n/a</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>AR Trust Mini-Grant Research Award</PurposeOfGrant>
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          <BusinessNameLine1>Alan H Boyar MD</BusinessNameLine1>
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        <AddressUS>
          <AddressLine1>212 Kansas Ave</AddressLine1>
          <City>Roswell</City>
          <State>NM</State>
          <ZIPCode>88201</ZIPCode>
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        <EINOfRecipient>264371806</EINOfRecipient>
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        <PurposeOfGrant>ARTrust Mini-Grant Award</PurposeOfGrant>
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        <AddressUS>
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          <AddressLine2>Suite 560</AddressLine2>
          <City>Manands</City>
          <State>NY</State>
          <ZIPCode>12204</ZIPCode>
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        <EINOfRecipient>141402155</EINOfRecipient>
        <IRCSection>501(C)(3)</IRCSection>
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        <DescriptionOfNonCashAssistance>n/a</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>ARTrust Mini-Grant Research Award</PurposeOfGrant>
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        <AddressUS>
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          <AddressLine2>Suite 5850</AddressLine2>
          <City>Omaha</City>
          <State>NE</State>
          <ZIPCode>68131</ZIPCode>
        </AddressUS>
        <EINOfRecipient>470386583</EINOfRecipient>
        <IRCSection>501(C)(3)</IRCSection>
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        <PurposeOfGrant>ARTrust Mini-Grant Research Award</PurposeOfGrant>
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      <RecipientTable>
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          <BusinessNameLine1>Baylor College of Medicine</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>1102 Bates St</AddressLine1>
          <AddressLine2>3rd Floor Suite 330</AddressLine2>
          <City>Houston</City>
          <State>TX</State>
          <ZIPCode>77030</ZIPCode>
        </AddressUS>
        <EINOfRecipient>741613878</EINOfRecipient>
        <IRCSection>501(C)(3)</IRCSection>
        <AmountOfCashGrant>11000</AmountOfCashGrant>
        <MethodOfValuation>n/a</MethodOfValuation>
        <DescriptionOfNonCashAssistance>n/a</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>ARTrust Mini-Grant Research Award</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>Rector and Visitors of The University of Virginia</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>PO BOX 400195</AddressLine1>
          <City>Charlottesville</City>
          <State>VA</State>
          <ZIPCode>22911</ZIPCode>
        </AddressUS>
        <EINOfRecipient>546001796</EINOfRecipient>
        <IRCSection>501(C)(3)</IRCSection>
        <AmountOfCashGrant>65000</AmountOfCashGrant>
        <MethodOfValuation>n/a</MethodOfValuation>
        <DescriptionOfNonCashAssistance>n/a</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>Howard Gittis Memorial 3rd/4th Year Fellowship/Instructor Award</PurposeOfGrant>
      </RecipientTable>
      <TotalNbrOf501C3AndGovtGrants>21</TotalNbrOf501C3AndGovtGrants>
      <TotalNbrOfOtherOrganizations>2</TotalNbrOfOtherOrganizations>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>TRAVEL GRANTS TO ANNUAL SCIENTIFIC MEETING</TypeOfGrant>
        <NumberOfRecipients>311</NumberOfRecipients>
        <AmountOfCashGrant>278840</AmountOfCashGrant>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <MethodOfValuation>N/A</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>JOURNAL EDITOR STIPENDS</TypeOfGrant>
        <NumberOfRecipients>18</NumberOfRecipients>
        <AmountOfCashGrant>205846</AmountOfCashGrant>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <MethodOfValuation>N/A</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>ANNUAL MEETING PROGRAM COMMITTEE STIPEND</TypeOfGrant>
        <NumberOfRecipients>1</NumberOfRecipients>
        <AmountOfCashGrant>30000</AmountOfCashGrant>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <MethodOfValuation>N/A</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>WEBSITE EDITOR STIPEND</TypeOfGrant>
        <NumberOfRecipients>2</NumberOfRecipients>
        <AmountOfCashGrant>51000</AmountOfCashGrant>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <MethodOfValuation>N/A</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>ANNUAL SCIENTIFIC MEETING FACULTY HONORARIA</TypeOfGrant>
        <NumberOfRecipients>87</NumberOfRecipients>
        <AmountOfCashGrant>114750</AmountOfCashGrant>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <MethodOfValuation>N/A</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>PRESIDENTIAL STIPEND</TypeOfGrant>
        <NumberOfRecipients>2</NumberOfRecipients>
        <AmountOfCashGrant>26000</AmountOfCashGrant>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <MethodOfValuation>N/A</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIV>
        <Identifier>MONITORING THE USE OF GRANTS:</Identifier>
        <Explanation>THERE IS AN AD HOC REVIEW COMMITTEE, MADE UP OF INDIVIDUAL MEMBERS WITHOUY ANY INSTITUTIONAL CONFLICTS, THAT MAKE SUGGESTIONS FOR APPLICATION AND AWARD OBJECTIVE MODIFICATIONS. THESE CHANGES SUGGESTED ARE THEN PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL.</Explanation>
      </Form990ScheduleIPartIV>
    </IRS990ScheduleI>
    <IRS990ScheduleL documentId="IRS990ScheduleL">
      <TotalBalanceDue>0</TotalBalanceDue>
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NamePerson>Executive Director Inc</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>management company</Relationship>
        <AmountOfTransaction>3717463</AmountOfTransaction>
        <DescriptionOfTransaction>management services</DescriptionOfTransaction>
        <SharingOfRevenues>false</SharingOfRevenues>
      </Form990ScheduleLPartIV>
      <Form990ScheduleLPartV>
        <Identifier>Schedule L Part IV</Identifier>
        <Explanation>Executive Director, Inc (EDI), an association management company, provides occupancy, accounting and administrative services to the American Academy of Allergy, Asthma &amp; Immunology (AAAAI). EDI is partially owned by the Executive Director of AAAAI with an ownership percentage that exceeds 35%. The total amount of payments made to EDI was $3,717,463 in 2012.</Explanation>
      </Form990ScheduleLPartV>
    </IRS990ScheduleL>
    <IRS990ScheduleO documentId="IRS990ScheduleO">
      <GeneralExplanation>
        <Identifier>PART VI, SECTION A, Line 3</Identifier>
        <Explanation>AAAAI is in contract with Executive Director, Inc., an association management company.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>PART VI, SECTION A, Line 6</Identifier>
        <Explanation>The Academy has the following classifications of membership in the organization: (a) Full Members (b) International Members (c) Fellows (d) International Fellows (e) Allied Health Members (f) Emeritus Members (g) Emeritus Fellows (h) In-Training Members (i) Doctoral/Post Doctoral In-Training Members (j) International In-Training Members</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>PART VI, SECTION A, Line 7a</Identifier>
        <Explanation>The classes of members of the organization entitled to vote shall be Fellows, International Fellows, Full Members and International Members. Any matter to be decided by a vote of eligible voting members shall, except as otherwise provided herein or as provided in ch. 181 of the Wisconsin Statutes, be decided by majority vote of these members present in person or by proxy or otherwise by mailed or electronic ballot. All directors shall be elected by the eligible voting members at an annual meeting of the organization in accordance with the procedures set forth in Article VII of the bylaws.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>PART VI, SECTION A, Line 7b</Identifier>
        <Explanation>Bylaws may be amended, repealed or altered in whole or in part by an affirmative vote of a majority of the eligible voting members.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>PART VI, SECTION B, Line 11</Identifier>
        <Explanation>THE 990 IS FIRST REVIEWED BY THE FINANCE COMMITTEE, WHICH IS COMPRISED OF THE OFFICERS OF THE ORGANIZATION. AFTER FULL REVIEW, IT IS PRESENTED TO THE REMAINING BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. THE 990 IS THEN SIGNED BY AN OFFICER OF THE ORGANIZATION, TYPICALLY THE SECRETARY-TREASURER.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>PART VI, SECTION B, LINE 12 b &amp; c</Identifier>
        <Explanation>DISCLOSURE MUST BE MADE IN WRITING THROUGH THE USE OF AN OFFICIAL DISCLOSURE FORM OR VIA AN ONLINE MANAGEMENT SYSTEM. THE COMPLETED FORMS MUST BE RETURNED PRIOR TO THE COMMENCEMENT OF AN OFFICE TERM, AND THESE FORMS MUST BE UPDATED WHENEVER CIRCUMSTANCES REQUIRE OR ONCE PER CALENDAR YEAR, WHICHEVER IS SOONER. ALL INFORMATION DISCLOSED IS REVIEWED TO IDENTIFY CONFLICTS OF INTEREST AND TO GUIDE THE RESOLUTION OF THOSE CONFLICTS. FOR LEADERS, REVIEWS WILL BE COMPLETED BY AN APPROPRIATE AAAAI COMMITTEE OR EXECUTIVE BODY. FOR FACULTY, REVIEWS WILL BE COMPLETED BY THE CONTINUING MEDICAL EDUCATION COMMITTEE OR THE ANNUAL MEETING PROGRAM COMMITTEE, DEPENDING ON THE ACTIVITY IN WHICH THE FACULTY MEMBER WILL POTENTIALLY BE INVOLVED. FOR AUTHORS, REVIEWS WILL BE COMPLETED BY THE PRACTICE DIAGNOSTICS AND THERAPEUTICS COMMITTEE. IN ALL CASES, AN INDIVIDUAL'S DISCLOSURE WILL BE REVIEWED IN THE CONTEXT OF THE ACTIVITY IN WHICH S/HE WILL POTENTIALLY BE PARTICIPATING. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE REVIEWERS WILL BE ASKED TO IDENTIFY AN APPROPRIATE MECHANISM FOR RESOLVING THE CONFLICT. THIS COULD POTENTIALLY INCLUDE ASKING THE INDIVIDUAL TO ALTER THE RELATIONSHIP WHICH CREATES THE CONFLICT, OR REMOVING THE INDIVIDUAL FROM INVOLVEMENT IN THE ACTIVITY. THE RESULTS OF EACH REVIEW WILL BE COMMUNICATED TO THE INDIVIDUAL AND THE ORGANIZATION PLANNING THE ACTIVITY TO FACILITATE THE RESOLUTION OF THE CONFLICT. THE INDIVIDUAL WILL BE EXPECTED TO DISCLOSE TO THE APPROPRIATE AUDIENCE ANY RELATIONSHIPS THAT WERE FOUND TO BE, OR TO PRESENT THE POTENTIAL FOR, CONFLICTS OF INTEREST BY THE REVIEWER.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>PART VI, SECTION B, LINE 15 a &amp; b</Identifier>
        <Explanation>AAAAI is managed by Executive Director, Inc., a for-profit management company. AAAAI has no official employees as staff assigned to AAAAI that are employees of the management company. AAAAI also does not have anyone that fits the description of a key employee. The contracted management fee is reviewed yearly by the Board of Directors.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>PART VI, SECTION C, Line 19</Identifier>
        <Explanation>AAAAI makes its governing documents, conflict of interest policy and form 990 available for public inspection upon request. Requested documents are provided within a reasonable time frame. Some or all of these documents are currently being planned to be placed on the AAAAI website in the future.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>PART XI, LINE 5</Identifier>
        <Explanation>THE AMOUNT ON THIS LINE REPRESENTS UNREALIZED LOSSES.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>PART VI SECTION A, LINE 1B</Identifier>
        <Explanation>The Executive Committee is comprised of the officers of the organization and one 3rd-4th year At-Large Board member. The Executive Committee shall execute and monitor the directives of the Board of Directors and may act on behalf of the organization in any matter when the Board of Directors is not in session, reporting to the Board of Directors for its ratification of the Executive Committee's actions.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>PART VI, SECTION A, LINE 4</Identifier>
        <Explanation>The bylaws were changed and approved by the membership in March 2012. The first change was to clarify the process of voting on proposed members and Fellows. The second change was to clarify the eligibility requirements for International Fellowship status. The final change was to give International Fellows the right to serve on the Board of Directors.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="IRS990ScheduleR">
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>ALLERGY ASTHMA &amp; IMMUNOLOGY EDUCATION</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>555 E WELLS STREET SUITE 1100</AddressLine1>
          <City>MILWAUKEE</City>
          <State>WI</State>
          <ZIPCode>53202</ZIPCode>
        </AddressUS>
        <EIN>451495723</EIN>
        <PrimaryActivities>SUPPORT ORG</PrimaryActivities>
        <LegalDomicileState>WI</LegalDomicileState>
        <ExemptCodeSection>501(C)(3)</ExemptCodeSection>
        <PublicCharityStatus>11a, I</PublicCharityStatus>
        <DirectControllingEntityName>
          <BusinessNameLine1>AAAAI</BusinessNameLine1>
        </DirectControllingEntityName>
        <ControlledOrg>true</ControlledOrg>
      </Form990ScheduleRPartII>
      <ReceiptOfIntAnnRentsRoyalties>false</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>false</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>false</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>false</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>false</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>false</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>false</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>false</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>false</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>false</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>false</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>false</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>false</SharingOfFacilities>
      <SharingOfPaidEmployees>false</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>false</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>false</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>false</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>false</OtherTransferFromOtherOrg>
    </IRS990ScheduleR>
  </ReturnData>
</Return>