2011-10-06T10:20:47-05:00 2010-12-31 TATE AND TRYON 2021 L STREET NW SUITE 400 WASHINGTON DC 20036 990 2010-01-01 520700497 FEDERATION OF AMERICAN SOCIETIES FOR EXPERIMENTAL BIOLOGY FEDE 3016347000 9650 ROCKVILLE PIKE BETHESDA MD 208143998 DAVE CRAVEN 3016347000 2011-10-06 1 SUBRINA L WOOD 2022932200 2010 2016-03-07 17:11:31Z FASEB DR GUY C FOGLEMAN 9650 ROCKVILLE PIKE BETHESDA MD 208143998 24915996 0 X WWW.FASEB.ORG X 1912 DC TO ADVANCE HEALTH AND WELFARE BY PROMOTING PROGRESS AND EDUCATION IN BIOLOGICAL/BIOMEDICAL SCIENCES. 25 25 270 25 774100 -11478 2291413 3712937 12993538 13011508 209504 495122 1292963 1352437 16787418 18572004 52350 38220 0 0 7424056 7397609 0 0 0 9885920 11092002 17362326 18527831 -574908 44173 39417913 41039812 22453685 23198703 16964228 17841109 THE FEDERATION OF AMERICAN SOCIETIES FOR EXPERIMENTAL BIOLOGY (FASEB) ADVANCES HEALTH AND WELFARE BY PROMOTING PROGRESS AND EDUCATION IN BIOLOGICAL AND BIOMEDICAL SCIENCES THROUGH SERVICE TO ITS MEMBER SOCIETIES AND COLLABORATIVE ADVOCACY. 0 0 9001872 10552224 PROGRAM SERVICES - PROGRAM SERVICES CONSIST OF SUMMER RESEARCH CONFERENCES, CAREER RESOURCE SERVICES, THE FASEB JOURNAL, THE MEMBERSHIP DIRECTORY, AND TWO NIH-FUNDED PROGRAMS TO FACILITATE MINORITY ACCESS TO RESEARCH CAREERS (MARC). THE SUMMER RESEARCH CONFERENCES AND THE FASEB JOURNAL PROVIDE AN IMPORTANT MEANS OF DISSEMINATING RESEARCH RESULTS TO A BROAD AUDIENCE, ADVANCING SCIENCE, AND SUPPORTING THE WORK OF MEMBER SOCIETIES. 7234793 7411770 CAMPUS & SOCIETY SUPPORT SERVICES - PROVIDING MANAGEMENT SUPPORT SERVICES TO MEMBER SOCIETIES WAS THE REASON THE FEDERATION WAS FOUNDED; MANY OF THE FASEB SOCIETIES AND TENANTS VALUE AND UTILIZE THESE SERVICES REGULARLY. THE FEDERATION PROVIDES THESE SERVICES DIRECTLY WITHIN THEIR CAMPUS SETTING, CUSTOMIZED TO THE INDIVIDUAL NEEDS OF EACH USER. 1454756 992170 CORE FUNCTIONS - CORE FUNCTIONS ARE COMPRISED OF THE OFFICE OF PUBLIC AFFAIRS, THE FASEB BOARD, AND VARIOUS POLICY AND LEADERSHIP COMMITTEES. THESE DEPARTMENT AND LEADERSHIP ACTIVITIES PRIMARILY SUPPORT THE FEDERATION'S CORE COMPETENCY, WHICH IS ADVOCACY ON BEHALF OF INVESTIGATORS IN THE BIOMEDICAL AND RELATED LIFE SCIENCES. THESE EFFORTS PROVIDE THE MOST DIRECT BENEFIT BOTH TO THE FASEB SOCIETIES AND TO THE INDIVIDUAL MEMBERS OF THE DIFFERENT SOCIETIES REPRESENTED BY THE FEDERATION. 17691421 1 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 141 0 270 1 1 1 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 MD X DAVID L CRAVEN COMPTROLLER 3016347082 9650 ROCKVILLE PIKE BETHESDA MD 208143998 MARK O LIVELY PHD 5.00 X X 0 0 0 WILLIAM T TALMAN MD 5.00 X X 0 0 0 RICHARD B MARCHASE PHD 5.00 X X 0 0 0 STANLEY COHEN MD 5.00 X X 0 0 0 JOSEPH C LAMANNA PHD 5.00 X X 0 0 0 JR HAYWOOD PHD 1.50 X 0 0 0 MARGARET K OFFERMANN MD PHD 1.50 X 0 0 0 JAMES E BARRETT PHD 1.50 X 0 0 0 PETER A WARD MD 1.50 X 0 0 0 THOMAS M BADGER PHD 1.50 X 0 0 0 MARK R BOOTHBY MD PHD 1.50 X 0 0 0 ARTHUR G PALMER PHD 1.50 X 0 0 0 PARKER B ANTIN PHD 1.50 X 0 0 0 ELIZABETH SHANE MD 1.50 X 0 0 0 BEN M DUNN PHD 1.50 X 0 0 0 ELIZABETH MCNALLY MD PHD 1.50 X 0 0 0 JAY W FOX PHD 1.50 X 0 0 0 VIRENDRA B MAHESH PHD 1.50 X 0 0 0 ANTHONY R SCIALLI MD 1.50 X 0 0 0 HENRY M KRONENBERG MD 1.50 X 0 0 0 GARRY R CUTTING MD 1.50 X 0 0 0 CAROLE LABONNE PHD 1.50 X 0 0 0 LAURA NIEDERNHOFER MD PHD 1.50 X 0 0 0 JOHN WOOLEY PHD 1.50 X 0 0 0 CARL FOSTER PHD FACSM 1.50 X 0 0 0 SHU CHIEN PHD 1.50 X 0 0 0 GREGORY G GERMINO MD 1.50 X 0 0 0 JOHN DESESSO PHD 1.50 X 0 0 0 JAMES C ROSE PHD 1.50 X 0 0 0 PETER H MATHERS PHD 1.50 X 0 0 0 JEFFREY L SCHWARTZ PHD 1.50 X 0 0 0 AVRUM I GOTLIEB MD 1.50 X X 0 0 0 GUY C FOGLEMAN PHD 37.50 X 338499 0 33967 HOWARD H GARRISON PHD 37.50 X 215488 0 44306 DAVID L CRAVEN CPA 37.50 X 140283 0 34243 CATERINA LUPPI PHD 37.50 X 127898 0 13298 MAUREEN M WINEBRENNER 37.50 X 129805 0 20939 JENNIFER ZEITER 37.50 X 120439 0 19320 MARCELLA JACKSON 37.50 X 122569 0 12200 1194981 0 178273 10 0 1 0 CAREFIRST BLUE CROSS PO BOX 79749 BALTIMORE MD 21279 INSURANCE PROVIDER 1949724 CADMUS PSG PO BOX 822934 PHILADELPHIA PA 19182 PRINTING AND DISTRIBUTION SERVICES 756146 VERMONT ACADEMY 10 LONG WALK SAXTONS RIVER VT 05154 HOTEL/CONFERENCE CENTER LODGING 740278 CAREFREE RESORT & VILLAS PO BOX 3500 CAREFREE AZ 85377 HOTEL/CONFERENCE CENTER LODGING 723388 AMERICAN EXPRESS PO BOX 1270 NEWARK NJ 07101 CREDIT CARD CHARGES 524755 23 2885544 827393 3712937 SOCIETY SERVICES 561000 5269107 669678 4599429 MEETINGS 900099 4322042 4322042 PUBLICATIONS 541800 2428189 2323767 104422 MEMBERSHIP DUES 900099 992170 992170 13011508 454071 454071 74077 74077 2511642 1352851 1158791 1158791 1158791 5032192 4991141 41051 41051 41051 CONF CENTER RENTAL 900099 46552 46552 MEAL/VENDING SALES 900099 40202 40202 MISCELLANEOUS 900099 32815 32815 119569 18572004 7637979 774100 6446988 20220 20220 18000 18000 637455 504838 132617 5256902 4151560 1105342 481417 382761 98656 586347 481536 104811 435488 358208 77280 120 120 46814 46814 90780 90780 61858 61858 73588 73588 1082998 1042513 40485 111949 86062 25887 870937 701787 169150 85077 179719 -94642 805737 609357 196380 2980954 2974532 6422 3232505 3205931 26574 628595 582607 45988 729329 657527 71802 142075 116043 26032 PUBLICATION PRODUCTION 796133 796133 BANK/CREDIT CARD FEES 239587 218651 20936 HONORARIA 110000 110000 MISCELLANEOUS 104527 138919 -34392 TEMPORARY HELP 65674 60392 5282 -1167235 232147 -1399382 18527831 17691421 836410 0 232945 94491 3331674 2413897 181152 216057 329405 644934 150000 150000 320071 393906 29730012 11345369 18097123 18384643 14357049 16111840 320937 28633 2097557 2601411 39417913 41039812 851429 753743 701719 658358 15500000 15500000 2300000 2300000 3100537 3986602 22453685 23198703 X 16869205 17749581 70523 67028 24500 24500 16964228 17841109 39417913 41039812 X 44173 832708 X X 0 1 1 X 1 1 X 2962795 2790886 3318285 3243519 3712937 16028422 6462746 7342282 6815332 6586621 7637979 34844960 5164343 5276122 5086056 4752765 4599429 24878715 14589884 15409290 15219673 14582905 15950345 75752097 0 0 0 75752097 2784107 3211703 3493890 2934375 3039790 15463865 2784107 3211703 3493890 2934375 3039790 15463865 272099 222773 189357 102376 119569 906174 17646090 18843766 18902920 17619656 19109704 92122136 0.82230 0.82010 0.16790 0.16820 X SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: CONFERENCE CENTER FUNCTIONS STAFF MEAL/VENDING SALES MAILING LIST SALES MISCELLANEOUS INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16569 314816 331385 19414736 19746121 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 192933 224316 367709 331385 1116343 250000 250000 250000 250000 1000000 1500000 9643 11216 18386 16569 55814 26583 231 591 26223 27094 96 500 107 26583 27251 653 500 221 89 27094 0.00000 0.93430 0.06570 0 0 25458 25458 25986754 8261902 17724852 3717800 3083467 634333 18384643 INVESTMENTS HELD TO FUND DEFERRED COMPENSATION 700970 AMOUNTS DUE FROM MEMBER SOCIETIES AND CUSTODIAL GRANTS 1900441 2601411 AMOUNTS HELD FOR MEMBER SOCIETIES AND CUSTODIAL ACCOUNTS 174416 AMOUNTS HELD FOR CUSTODIAL FUNDS FROM MANAGED MEETINGS 1211092 DEFERRED COMPENSATION 700970 INTEREST RATE SWAP AGREEMENT 1900124 3986602 18572004 18527831 44173 832708 832708 876881 20757563 832708 832708 19924855 -1352851 -1352851 18572004 19880682 1352851 1352851 18527831 0 18527831 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE FEDERATION'S ENDOWMENT CONSISTS OF TWO DONOR-RESTRICTED FUNDS TO BE HELD IN PERPETUITY. (1) THE GREGORY PINCUS MEMORIAL FUND WAS ESTABLISHED IN 1976 TO PROVIDE FUNDS TO SUBSIDIZE THE COSTS OF TRAVEL, REGISTRATION, AND SUBSISTENCE FOR YOUNG GRADUATE STUDENTS PREPARING FOR CAREERS IN BIOLOGY AND MEDICINE TO ATTEND THE EXPERIMENTAL BIOLOGY ANNUAL MEETING OR OTHER SCIENTIFIC CONFERENCES. (2) THE WELLS ENDOWED PROGRAM FOR INITIATIVES IN PUBLIC AFFAIRS WAS ESTABLISHED IN 2004 TO PROVIDE FUNDING FOR ANY AND ALL DISCRETIONARY PURPOSES SUPPORTING THE FEDERATION'S OFFICE OF PUBLIC AFFAIRS (OPA). THE EARNINGS FROM THIS ENDOWMENT ARE TO BE USED AT THE SOLE DISCRETION OF THE DIRECTOR OF THE OPA. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FEDERATION IS EXEMPT FROM INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE FEDERATION QUALIFIES UNDER SECTION 509(A)(2) AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION. HOWEVER, THE FEDERATION IS SUBJECT TO UNRELATED BUSINESS INCOME TAXES ON ITS UNRELATED BUSINESS INCOME ACTIVITY (PRIMARILY ADVERTISING INCOME). THE FEDERATION HAS ADOPTED THE ACCOUNTING STANDARD RELATED TO UNCERTAIN INCOME TAX POSITIONS. THE STANDARD REQUIRES THAT AN UNCERTAIN INCOME TAX POSITION MUST BE MORE LIKELY THAN NOT (GREATER THAN 50% LIKELIHOOD) BEFORE IT IS RECOGNIZED IN THE FINANCIAL STATEMENTS. FURTHERMORE, THE STANDARD REQUIRES THAT THE AMOUNT RECOGNIZED BE THE SAME AS THAT WHICH WOULD BE DETERMINED AS A RESULT OF A REVIEW BY TAX AUTHORITIES HAVING ALL RELEVANT INFORMATION. DURING THE YEAR ENDED DECEMBER 31, 2010, MANAGEMENT DID NOT IDENTIFY ANY UNCERTAIN INCOME TAX POSITIONS AND BELIEVES THE FEDERATION IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE, AND LOCAL INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2007. PART XII, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES FOR TENANTS FROM LINE 6B -1,352,851. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES FOR TENANTS FROM LINE 6B 1,352,851. EUROPE 0 0 PROGRAM SERVICES FASEB HELD ONE (1) OF ITS 37 SUMMER RESEARCH CONFERENCES IN JAPAN DURING 2010. THE EMPHASIS OF THESE CONFERENCES IS ON CUTTING-EDGE RESEARCH, WITH PROMINENT SCIENTISTS IN EACH FIELD MAKING PRESENTATIONS TO ATTENDEES WHO ARE HEAVILY ENGAGED IN RESEARCH OR ARE IN ANCILLIARY FIELDS WHERE AN ACCURATE UNDERSTANDING OF ALLIED SCIENTIFIC ADVANCES IS IMPORTANT. POSTDOCTORAL CANDIDATES ARE ALSO ENCOURAGED TO PARTICIPATE IN THE CONFERENCES. ATTENDEES ARE SELECTED BY THE ORGANIZERS ON THE BASIS OF THEIR PROBABLE CONTRIBUTIONS TO SCIENCE. FASEB HAS CONDUCTED THE SUMMER RESEARCH CONFERENCE PROGRAM SINCE 1982. 124717 0 0 0 124717 0 124717 0 0 0 0 0 0 1 X POSTDOCTORAL PROFESSIONAL DEVELOPMENT AND ENRICHMENT AWARD 6 18000 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE FASEB POSTDOCTORAL PROFESSIONAL DEVELOPMENT AND ENRICHMENT AWARD RECOGNIZES HIGHLY PROMISING POSTDOCTORAL SCIENTISTS WHO HAVE DEMONSTRATED RESEARCH PRODUCTIVITY, INCLUDING HAVING PUBLISHED FIRST-AUTHOR PAPERS IN SCIENTIFIC PUBLICATIONS, MENTORING OF URM UNDERGRADUATE AND GRADUATE STUDENTS, AND SERVICE LEADING TO IMPROVING AND EXPANDING OPPORTUNITIES FOR MINORITIES IN THE SCIENTIFIC WORKFORCE AND ACADEMIA. A TOTAL OF SIX INDIVIDUALS ARE RECOGNIZED EACH YEAR FOR THEIR CONTRIBUTIONS AND ARE SELECTED FROM AN EXTREMELY ACCOMPLISHED APPLICANT POOL OF DEDICATED SCIENTISTS. THE DIRECTOR OF FASEB'S OFFICE OF MINORITY ACCESS TO RESEARCH CAREERS (MARC) NOTIFIES THE SELECTED RECIPIENTS AND COORDINATES WITH EACH RECIPIENT REGARDING PAYMENT OF THE AWARD AMOUNT. AMOUNTS PAID FOR CONTRIBUTIONS AND SIMILAR SUPPORT TO VARIOUS ORGANIZATIONS ARE APPROVED BY THE RESPECTIVE DEPARTMENT HEADS IN CONFORMITY WITH FASEB'S NORMAL CASH DISBURSEMENT POLICIES AND PROCEDURES. X X X X 0 0 0 0 0 0 0 0 0 GUY C FOGLEMAN PHD 297819 0 0 0 40680 0 24500 0 12398 0 375397 0 0 0 HOWARD H GARRISON PHD 188704 0 0 0 26784 0 21820 0 24750 0 262058 0 0 0 DAVID L CRAVEN CPA 123094 0 0 0 17189 0 14460 0 21282 0 176025 0 0 0 MAUREEN M WINEBRENNER 121590 0 0 0 8215 0 13110 0 9189 0 152104 0 0 0 MARYLAND ECONOMIC DEVELOPMENT CORPORATION 521376562 099999999 2008-06-11 15500000 ADVANCE REFUNDING OF 2008 BONDS AND FUNDING FOR FASEB FACILITY IMPROVEMENTS 0 0 0 864685 0 1 0 1 0 1 1 WACHOVIA BANK 10.000000000000 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 FASEB'S 21 MEMBER SOCIETIES ARE EACH 501(C)(3) PROFESSIONAL ASSOCIATIONS. SOCIETIES IN THE FIELD OF BIOLOGICAL SCIENCE MAY APPLY FOR MEMBERSHIP, AND MAY BE ADMITTED BY A THREE-FOURTHS MAJORITY VOTE OF ALL THE DIRECTORS OF THE FASEB BOARD. FORM 990, PART VI, SECTION A, LINE 7A EACH FASEB MEMBER SOCIETY APPOINTS ONE DIRECTOR TO REPRESENT THEIR SOCIETY ON THE FASEB BOARD. FORM 990, PART VI, SECTION A, LINE 7B THE ONLY DECISION OF THE GOVERNING BODY THAT IS SUBJECT TO APPROVAL BY THE MEMBERS IS IF THE BOARD VOTES TO DISSOLVE FASEB. FORM 990, PART VI, SECTION B, LINE 11 THE FASEB 990 IS POSTED ON AN INTERNAL WEBSITE "FASEB ARCHIVES" AND THE FASEB EXECUTIVE COMMITTEE IS INFORMED THAT THE 990 IS AVAILABLE FOR REVIEW PRIOR TO SUBMISSION OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES ARE PROVIDED THE CONFLICT OF INTEREST POLICY ANNUALLY. THEY MUST SIGN AND DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST. NEW BOARD MEMBERS ARE MADE AWARE OF THE CONFLICT OF INTEREST POLICY DURING AN ORIENTATION CONFERENCE CALL BY OUR LEGAL COUNSEL. INSTANCES OF POTENTIAL CONFLICT ARE DISCLOSED, DISCUSSED, AND RECORDED. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE FASEB EXECUTIVE DIRECTOR IS REVIEWED AND APPROVED BY THE FASEB EXECUTIVE COMMITTEE OF THE BOARD. THE FASEB DEPUTY EXECUTIVE DIRECTOR FOR ADMINISTRATION PROVIDES COMPARABLE COMPENSATION DATA TO THE FASEB PRESIDENT. THE FASEB PRESIDENT PROVIDES THE DEPUTY EXECUTIVE DIRECTOR FOR ADMINISTRATION WITH DOCUMENTATION DETAILING THE COMPENSATION THAT WAS APPROVED AND WHO APPROVED THE NEW COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 FASEB'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 832,708. FORM 990, PART XI, LINE 2C THE AUDIT PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR.