2013-04-12T14:57:17-05:00 2012-05-31 521511275 RAFFA PC 1899 L STREET NW SUITE 900 WASHINGTON DC 20036 990 2011-06-01 520743814 FOUNDATION FOR ADVANCED EDUCATION IN THE SCIENCES INC FOUN 3014968063 1 CLOISTER COURT NIH NO 230 BETHESDA MD 208141460 EARL LAURENCE 3014968063 2013-04-12 1 FRANK H SMITH P00639053 2028225000 2013-04-12 2011 2016-03-07 17:11:31Z EARL LAURENCE 1 CLOISTER COURT NIH NO 230 BETHESDA MD 208141460 31328020 0 X WWW.FAES.ORG X 1959 MD FOSTER & ENCOURAGE SCIENTIFIC RESEARCH & EDUC. BY ACTIVITIES WHICH FACILITATE ACAD. ACHIEVEMENT. 27 27 87 27 6331 -2745 35175 8847 28194107 28860042 441122 751391 125006 175766 28795410 29796046 630054 3663095 0 0 1883765 1441176 0 0 0 25196264 25811415 27710083 30915686 1085327 -1119640 32562915 34567238 3452628 7912790 29110287 26654448 X FOUNDATION FOR ADVANCED EDUCATION IN THE SCIENCES, INC. (FAES) IS A NON-PROFIT FOUNDATION, LOCATED AT THE NATIONAL INSTITUTES OF HEALTH, WHICH CONDUCTS ADVANCED EDUCATIONAL PROGRAMS AND SUPPORTING ACTIVITIES TO PROMOTE THE PRODUCTIVITY AND ATTRACTIVENESS OF PROFESSIONAL LIFE ON THE NIH CAMPUS. FAES PROGRAMS COMPLEMENT THE WORK OF NIH IN ACCOMPLISHING ITS MISSION OF RESEARCH AND TRAINING IN THE BIOMEDICAL SCIENCES. 0 0 24302705 0 27439024 HEALTH INSURANCE - ADMINISTRATIVE SERVICES FOR A GROUP HEALTH INSURANCE PLAN WHICH IS AVAILABLE TO PERSONS WHO WORK AT OR FOR THE NIH BUT ARE OTHERWISE INELIGIBLE FOR FEDERAL HEALTH INSURANCE. THIS PROGRAM PROVIDES HEALTH INSURANCE FOR 3,200 NIH STUDENTS AND 450 NIH CONTRACTORS, WITH CAREFIRST OF THE NATIONAL CAPITAL AREA PROVIDING COVERAGE. 3662207 3662207 0 STUDENT FACULTY ACADEMIC CENTER - LOCATED IN BUILDING 10 ON THE NIH CAMPUS, THIS CENTER IS PRESENTLY IN CONSTRUCTION. WHEN COMPLETE, IT WILL HOUSE THE FAES OFFICES, THE FAES BOOKSTORE, CLASSROOMS, A STUDENT LOUNGE, AND A RESTAURANT. THE CONSTRUCTION IS BEING PAID FOR BY FAES, AND NIH WILL PROVIDE UTILITIES AND MAINTENANCE AFTER CONSTRUCTION ISCOMPLETE. 1274717 60888 1368398 EDUCATION - THE GRADUATE SCHOOL HAS APPROXIMATELY 1,400 STUDENTS PER YEAR STUDYING MEDICAL, BIOLOGICAL, MATHEMATICAL, AND LINGUISTIC COURSES. THE GRADUATE SCHOOL ALSO HAS TWO CERTIFICATE PROGRAMS. THE FIRST IS A TECHNOLOGY TRANSFER COURSE WHERE THE CREDITS CAN BE TRANSFERRED TO THE UNIVERSITY OF MARYLAND UNIVERSITY COLLEGE MASTER'S DEGREE PROGRAM. THE SECOND CERTIFICATE IS A PUBLIC HEALTH COURSE THAT COVERS EPIDEMIOLOGY, BIOSTATISTICS, ENVIRONMENTAL HEALTH SCIENCES, HEALTH POLICY AND MANAGEMENT, AND SOCIAL AND BEHAVIORAL SCIENCES. 350264 0 72613 BOOK STORE 326251 0 0 REAL ESTATE 147056 0 5795 OTHER PROGRAMS 823571 78408 30063200 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 89 0 1 87 1 1 1 0 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X PAUL SCHWOBEL 3014968063 NIH BLDG 10 RM B1-C-18 BETHESDA MD 20892 EARL LAURENCE MBA 5.00 X X 0 0 0 KATHLEEN CLOUSE PHD 2.00 X X 0 0 0 WARREN LEONARD MD 1.00 X X 0 0 0 SHELBY BERGER PHD 2.00 X X 0 0 0 CAROL THEILE PHD 1.00 X X 0 0 0 BARBARA BAIRD PHD 1.00 X 0 0 0 SHERRI BALE PHD 1.00 X 0 0 0 MICHAEL A BEAVEN PHD 1.00 X 0 0 0 STEVEN J BERKOWITZ CPA 1.00 X 0 0 0 MARK COOKSON PHD 1.00 X 0 0 0 ANGELA GRONENBORN PHD 1.00 X 0 0 0 JOHN HANOVER PHD 1.00 X 0 0 0 DEBORAH HINTON PHD 1.00 X 0 0 0 ELECTRON KEBEBEW MD 1.00 X 0 0 0 JEFFREY KOPP MD 1.00 X 0 0 0 SUSAN LEITMAN MD 1.00 X 0 0 0 DEREK LEROITH 1.00 X 0 0 0 PAUL PLOTZ 1.00 X 0 0 0 HARVEY POLLARD MD PHD 1.00 X 0 0 0 JEFFREY RAVETCH MD PHD 1.00 X 0 0 0 TRACY ROUAULT 1.00 X 0 0 0 LAWRENCE SAMELSON MD 1.00 X 0 0 0 EDWARD TABOR 1.00 X 0 0 0 SIMEON TAYLOR MD 1.00 X 0 0 0 ROBERT TEMPLE MD 1.00 X 0 0 0 MARIE I TURNER 1.00 X 0 0 0 MARIAN YOUNG PHD 1.00 X 0 0 0 CHRISTINA FARIAS 40.00 X 0 0 0 PAUL SCHWOBEL 40.00 X 119299 0 16526 MEI-YU PERNG 40.00 X 121612 0 22121 AUDREY LYONS 40.00 X 111291 0 16294 KRISHNA BALAKRISHNAN 40.00 X 172119 0 11205 524321 0 66146 4 1 1 0 GILBANE BUILDING COMPANY 7901 SANDY SPRINGS ROAD LAUREL MD 20707 CONSTRUCTION 1464883 1 3505 5342 8847 INSURANCE SUBSCRIPTION 524298 27485849 27439024 6331 40494 TUITION/CONFERENCE REV 900099 1368398 1368398 MANAGEMENT FEES 900099 5795 5795 28860042 744718 744718 212737 125351 87386 87386 87386 1157802 1151129 6673 6673 6673 328107 255494 72613 72613 OTHER REVENUE 900099 15767 15767 15767 29796046 28885830 6331 895038 3602207 3602207 60888 60888 181007 36201 144806 999603 780346 219257 89979 60869 29110 81847 56756 25091 88740 59456 29284 1990 1990 36733 36733 15329 15329 279644 183828 95816 18883 16273 2610 94227 73263 20964 87766 87766 44280 44280 21742 19162 2580 703831 679856 23975 108248 76936 31312 33846 33846 HEALTH INSURANCE CLAIMS 24302705 24302705 MISCELLANEOUS 61488 54454 7034 BAD DEBT EXPENSE 703 703 30915686 30063200 852486 0 990 690 10136580 14255510 2433612 2187650 287962 280617 16787 22836 3071055 1408482 1753786 1662573 17895710 16119867 37488 37495 32562915 34567238 3184295 7685480 88701 63850 179632 163460 3452628 7912790 X 29041912 26585349 68375 69099 29110287 26654448 32562915 34567238 X -1119640 -1336199 X 0 1 1 X 0 X 745874 745874 1567655 781555 786100 757526 626927 130599 1662573 SECURITY DEPOSITS 10175 DUE TO NATIONAL INSTITUTES OF HEALTH 153285 163460 29796046 30915686 -1119640 -1336199 -1336199 -2455839 28900692 -1336199 60000 -1276199 30176891 -380845 -380845 29796046 31356531 60000 380845 440845 30915686 0 30915686 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: FAES PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED MAY 31, 2012 AND 2011, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. PART XII, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -255,494. RENTAL EXPENSES -125,351. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 255,494. RENTAL EXPENSES 125,351. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 ALL ADVERTISING MATERIALS OUTLINED THE RACIALLY NON-DISCRIMINATORY POLICY OF THE FOUNDATION. OUR COURSE CATALOGUE CONTAINS A NON-DISCRIMINATORY CLAUSE. 1 NATIONAL INSTIUTES OF HEALTH 9000 ROCKVILLE PIKE BETHESDA MD 20892 N/A 3602207 TO BUILD A STUDENT-FACULTY ACADEMIC CENTER FOR NIH. 1 0 HONORARIA, FELLOWSHIPS, AND TRAVEL AWARDS 103 60888 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: FAES PROVIDES VARIOUS HONORARIA, FELLOWSHIPS AND TRAVEL AWARDS THROUGHOUT THE YEAR. AMOUNTS OF THIS ASSISTANCE RANGE FROM $20 TO $5,000, WITH MOST HONORARIA AWARDS IN THE $1,000 TO $2,000 RANGE. FAES MAINTAINS RECORDS TO SUBSTANTIATE THE AMOUNTS OF ASSISTANCE, AND THE SELECTION CRITERIA AND ELIGIBILITY REQUIREMENTS AS SET BY THE BOARD OF DIRECTORS. FAES ALSO COMPLIES WITH TAX REPORTING REQUIREMENTS FOR THESE INDIVIDUALS. FURTHER INFORMATION REGARDING THESE POLICIES CAN BE OBTAINED UPON REQUEST. X 1 0 0 0 0 0 0 0 0 KRISHNA BALAKRISHNAN 45531 0 0 0 126588 0 20814 0 9960 0 202893 0 0 0 PART I, LINE 4A KRISHNA BALAKRISHNAN, FORMER EXECUTIVE DIRECTOR, RECEIVED A TOTAL SEVERANCE PAYMENT OF $146,158 OF WHICH $126,588 WAS PAID IN 2011. FORM 990, PART VI, SECTION A, LINE 6 FAES HAS TWO CLASSES OF MEMBERSHIP WHICH ARE THE NIH EMPLOYEES AND NON-NIH EMPLOYEES. THE NIH EMPLOYEES INCLUDES SCIENTIFIC AND OTHER PROFESSIONAL PERSONNEL EMPLOYED IN CIVIL SERVICE PROFESSIONAL SERIES CLASSIFICATIONS, MEMBERS OF THE PUBLIC HEALTH SERVICE COMMISSIONED CORPS, AND RESEARCH FELLOWS WORKING AT NIH. NON-NIH EMPLOYEES INCLUDE FORMER EMPLOYEES OR GUEST WORKERS AT NIH, SCIENTIFIC AND OTHER PROFESSIONAL EMPLOYEES OF OTHER GOVERNMENTAL AGENCIES, EDUCATIONAL INSTITUTIONS AND PROFESSIONAL SOCIETIES, AND OTHERS WHOSE INTERESTS ARE CLOSELY RELATED TO THE GOALS OF THE FAES. FORM 990, PART VI, SECTION A, LINE 7A EACH YEAR THE MEMBERS OF FAES ELECT ONE DIRECTOR WHO SHALL BE AN NIH EMPLOYEE AND ONE DIRECTOR WHO SHALL BE A NON-NIH EMPLOYEE. VOTING SHALL BE CONDUCTED BY MAIL OR ELECTRONIC BALLOT. FORM 990, PART VI, SECTION B, LINE 11 FAES HIRES AN INDEPENDENT ACCOUNTING FIRM TO PREPARE THE FEDERAL FORM 990. UPON SUBMISSION OF THE DRAFT, THE DRAFT FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE CONTROLLER. COPIES OF THE FEDERAL FORM 990 ARE ALSO PROVIDED TO THE BOARD OF DIRECTORS BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EVERY DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS ARE REQUIRE TO SIGN A STATEMENT ON AN ANNUAL BASIS WHICH AFFIRMS THAT HE/SHE HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, READS AND UNDERSTANDS THE POLICY, AGREES TO COMPLY WITH THE POLICY, AND UNDERSTANDS THAT FAES IS A CHARITABLE ORGANIZATIONS WHO MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISHES ITS TAX-EXEMPT PURPOSE. TO ENSURE THAT FAES OPERATES IN A MANNER CONSISTENT WITH ITS CHARITABLE PURPOSES AND THAT IT DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS STATUS AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX, PERIODIC REVIEWS ARE CONDUCTED. IF THE BOARD OR COMMITTEE MEMBERS DETERMINE THAT A CONFLICT OF INTEREST EXISTS, THE INTERESTED PERSON SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT INVOLVES THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS ALSO AVAILABLE UPON REQUEST AND IS IN THE BY-LAWS, WHICH ARE REVIEWED WITH NEW BOARD MEMBERS AS PART OF THE ORIENTATION PROCESS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -1,336,199.