American Veterinary Medical Foundation is located in Schaumburg, IL. The organization was established in 1964. According to its NTEE Classification (D12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Veterinary Medical Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, American Veterinary Medical Foundation generated $3.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, American Veterinary Medical Foundation has awarded 280 individual grants totaling $2,926,825. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HELPING VETERINARIANS, HELP ANIMALS BY SUPPORTING THE ADVANCEMENT OF THE SCIENCE AND PRACTICE OF VETERINARY MEDICINE TO IMPROVE ANIMAL AND HUMAN HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISASTER RELIEF - THROUGH DISASTER REIMBURSEMENT GRANTS, THE AVMF PROVIDES FUNDS TO VETERINARIANS AND OTHER ALLIED HEALTH ORGANIZATIONS THAT HELP BEFORE, DURING, AND AFTER DISASTERS WITH THE TRANSPORT, SHELTER, AND MEDICAL TREATMENT OF ANIMAL VICTIMS. DISASTERS INCLUDE HURRICANES, FLOODS, FIRES, TORNADOES, EARTHQUAKES, AND OTHER EXTREME WEATHER CONDITIONS THAT PUT ANIMALS IN NEED OF EMERGENCY CARE. THROUGH DISASTER RELIEF GRANTS, THE AVMF PROVIDES FUNDS TO VETERINARIANS AND VETERINARY STUDENTS WHO NEED EMERGENCY RELIEF TO HELP WITH THE COSTS OF HOUSING, FOOD, TRANSPORTATION, AND CLOTHING IMMEDIATELY FOLLOWING A DISASTER.
ANIMAL WELFARE - THROUGH THE AVMF VETERINARY CARE CHARITABLE FUND PROGRAM, VETERINARIANS HAVE A SIMPLE AND EFFECTIVE WAY TO OFFER CHARITABLE VETERINARY SERVICES TO CLIENTS FACING PERSONAL HARDSHIPS AS WELL AS A MEANS TO SUPPORT INJURED, ABUSED, OR ABANDONED ANIMALS. USING DONATIONS TO THE FUND, VETERINARY HOSPITALS CAN OFFER LOW OR NO-COST SERVICES TO CLIENTS WHO MIGHT OTHERWISE BE FORCED TO SURRENDER OR EUTHANIZE THEIR BELOVED PETS. VETERINARY PRACTICES IN ALL 50 STATES, PUERTO RICO AND GUAM PARTICIPATE IN THE PROGRAM.LED BY THE AVMA AND THE AMERICAN ANIMAL HOSPITAL ASSOCIATION, PARTNERS FOR HEALTHY PETS PROVIDES TOOLS AND RESOURCES THAT HELP COMMUNICATE THE VALUE AND BENEFIT OF PREVENTIVE CARE.
EDUCATION - AVMF PROVIDES SCHOLARSHIPS TO OUTSTANDING VETERINARY STUDENTS TO ENSURE THAT FUTURE VETERINARIANS HAVE THE SKILLS AND TRAINING NECESSARY TO TREAT OUR PETS, SAFEGUARD OUR FOOD SUPPLY AND PROTECT PUBLIC HEALTH. THE FOUNDATION PROVIDED TEN DIFFERENT SCHOLARSHIPS TO 240 STUDENTS IN 2019.THROUGH THE ALL FOR STUDENTS PROGRAM, STUDENT CHAPTERS OF THE AVMA USE THIS FUNDING TO PROVIDE PROGRAMMING IN FOUR KEY AREAS: LEADERSHIP, WELLNESS, PROFESSIONAL DEVELOPMENT AND COMMUNITY OUTREACH. IN 2019, STUDENTS MANAGED A TOTAL OF 243 EVENTS FOR 29,000 PARTICIPANTS AT 37 COLLEGES OF VETERINARY MEDICINE.
AVMF PROVIDES RESEARCH GRANTS AND AWARDS TO OUTSTANDING RESEARCHERS TO SUPPORT THEIR WORK TO HELP PREVENT, DIAGNOSE, AND TREAT ANIMAL DISEASES. IN ADDITION, AVMF SUPPORTS RESEARCH INTO NEW OR CURRENTLY APPROVED MEDICATIONS FOR COMBATING DISEASES AND CONDITIONS OF COMPANION AND FOOD ANIMALS AS WELL AS PROJECTS THAT ENSURE THE SAFETY OF FOOD PRODUCTS FROM TREATED LIVESTOCK.AVMF SUPPORTS THE NATIONAL VETERINARY SCHOLARS SYMPOSIUM. IN 2019, APPROXIMATELY 700 VETERINARY STUDENTS FROM ACROSS NORTH AMERICA AND EUROPE, AS WELL AS ANIMAL HEALTH RESEARCHERS AND LEADERS FROM MORE THAN 40 TOP VETERINARY SCHOOLS, CONVENED AT THE CUMMINGS SCHOOL OF VETERINARY MEDICINE AT TUFTS UNIVERSITY.AVMA/AVMF 2ND OPPORTUNITY RESEARCH SCHOLARSHIP: THIS PROGRAM PROVIDES SUPPORT FOR STUDENTS WHO HAVE PREVIOUSLY CONDUCTED A SUMMER RESEARCH PROJECT AND ARE SEEKING TO GAIN A SECOND SUMMER OF RESEARCH EXPERIENCE.THE EARLY INVESTIGATOR AWARDS SUPPORT GRADUATE VETERINARIANS PURSUING ADVANCED RESEARCH TRAINING THROUGH DOCTORAL OR POST-DOCTORAL PROGRAMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Douglas Kratt Director - Past | Trustee | 5 | $0 |
John Howe Chair - Past | OfficerTrustee | 5 | $0 |
Jose Arce Director | Trustee | 5 | $0 |
George Bishop Director | Trustee | 5 | $0 |
Grace Bransford Director | Trustee | 5 | $0 |
Karen Bradley Director | Trustee | 5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Kanara Consulting Group Llc Project Mgmt/ptnrs For Healthy Pets | 12/30/16 | $177,542 |
Donna Dobberfuhl Sculptor & Bronze Statue | 12/30/16 | $210,590 |
Kimberly Farina Partners For Healthy Pets | 12/30/16 | $103,969 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $125,175 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,032,918 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,158,093 |
Total Program Service Revenue | $0 |
Investment income | $64,394 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $813,732 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,036,219 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $824,655 |
Grants and other assistance to domestic individuals. | $447,214 |
Grants and other assistance to Foreign Orgs/Individuals | $40,955 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $119 |
Fees for services: Accounting | $21,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $17,581 |
Fees for services: Other | $239,566 |
Advertising and promotion | $9,860 |
Office expenses | $75,290 |
Information technology | $54,824 |
Royalties | $0 |
Occupancy | $1,660 |
Travel | $4,958 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $1,742,722 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,204,692 |
Savings and temporary cash investments | $228,697 |
Pledges and grants receivable | $1,113,664 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $4,400 |
Prepaid expenses and deferred charges | $10,562 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $6,053,926 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $151,949 |
Total assets | $9,767,890 |
Accounts payable and accrued expenses | $38,087 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $38,087 |
Net assets without donor restrictions | $3,159,166 |
Net assets with donor restrictions | $6,570,637 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $9,767,890 |
Over the last fiscal year, American Veterinary Medical Foundation has awarded $622,403 in support to 52 organizations.
Grant Recipient | Amount |
---|---|
PET NUTRITION ALLIANCE PURPOSE: RESEARCH GRANT | $72,500 |
MEDVET ASSOCIATES LLC PURPOSE: DISASTER GRANT | $29,941 |
East Lansing, MI PURPOSE: RESEARCH GRANT | $27,000 |
ETHOS VETERINARY HEALTH LLC PURPOSE: VCCF | $25,206 |
Sacramento, CA PURPOSE: DISASTER GRANT | $20,000 |
Baton Rouge, LA PURPOSE: DISASTER GRANT | $20,000 |
Over the last fiscal year, we have identified 16 grants that American Veterinary Medical Foundation has recieved totaling $190,304.
Awarding Organization | Amount |
---|---|
Cleveland Foundation Cleveland, OH PURPOSE: GENERAL SUPPORT | $49,927 |
Harold D Wetterberg Foundation Morristown, NJ PURPOSE: GENERAL | $30,000 |
American Veterinary Medical Association Schaumburg, IL PURPOSE: SCHOLARSHIPS | $25,000 |
Knopf Family Foundation Inc Wakefield, MA PURPOSE: GENERAL USE | $20,000 |
Wallaby Foundation For Financial Assistance For Veterinary Care Cambridge, MA PURPOSE: CHARITABLE DONATION | $10,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $10,000 |
Beg. Balance | $2,566,565 |
Earnings | $151,058 |
Net Contributions | $1,437 |
Grants | $37,000 |
Ending Balance | $2,682,060 |
Organization Name | Assets | Revenue |
---|---|---|
American Veterinary Medical Foundation Schaumburg, IL | $9,767,890 | $3,036,219 |
Racing Medication And Testing Consortium Inc Lexington, KY | $1,022,414 | $765,426 |
D A S Charitable Fund For The Preservation Of Feline Animal Life Libertyville, IL | $2,428,097 | $62,468 |
Live Like Roo Foundation Chicago, IL | $104,455 | $607,207 |
Stray Dog Support Inc Kewaskum, WI | $102,169 | $397,699 |
Resale To The Rescue Inc Mishawaka, IN | $97,900 | $326,125 |
Saola Foundation Milwaukee, WI | $192,791 | $313,978 |
R&r Ranch Miniature Horse Sanctuary Foundation Inc Chesterfield, MO | $69,067 | $245,162 |
Rescued Inc Moline, IL | $2,244 | $0 |
Helping Paws Incorporated Indianapolis, IN | $37,652 | $0 |
Emma Loves Dogs Inc Hartland, WI | $61,104 | $144,195 |
Friends Of Butler County Animals Inc Morgantown, KY | $120,988 | $209,820 |