2023-06-27T14:14:02-07:00 2022-12-31 990 2022-01-01 522322462 THE ARVO FOUNDATION FOR EYE RESEARCH INC ARVO 2402212900 5515 SECURITY LANE SUITE 500 ROCKVILLE MD 20852 Jason P Spessard Chief Operating & Financial Officer 2402212916 2023-06-27 1 1 11 1 AAL2 X 2022 2023-04-26 12:10:37Z IRIS M RUSH 5515 SECURITY LANE SUITE 500 ROCKVILLE MD 20852 1525894 0 X WWW.ARVOFOUNDATION.ORG X 2001 MD A CATALYST FOR INNOVATION, WORKFORCE DEVELOPMENT, AND COLLABORATION IN VISION RESEARCH. 13 13 0 35 0 0 1341530 1106967 0 0 631121 290078 -8738 -10052 1963913 1386993 433730 685318 0 0 231584 198600 0 0 14046 326021 289097 991335 1173015 972578 213978 8550005 7098824 1270069 1039033 7279936 6059791 THE ARVO FOUNDATION SERVES AS A GLOBAL CATALYST FOR INNOVATION, WORKFORCE DEVELOPMENT, AND COLLABORATION IN THE FIELD OF VISION RESEARCH BY STRATEGICALLY FUNDING NOVEL RESEARCH, EDUCATION AND OUTREACH INITIATIVES OF ARVO. 0 0 871484 685318 0 AWARDS AND GRANTS: THE ARVO FOUNDATION OFFERS A NUMBER OF AWARDS TO RECOGNIZE EXEMPLARY RESEARCH AND SEVERAL RESEARCH AWARDS AND FELLOWSHIPS THAT SUPPORT NOVEL RESEARCH PROJECTS, WITH AN EMPHASIS ON SUPPORTING SCIENTISTS WHO ARE EARLY IN THEIR CAREER OR FROM AN UNDERREPRESENTED GROUP. 113471 0 0 EVENTS AND INITIATIVES: THE ARVO FOUNDATION ORGANIZES FUNDRAISING EVENTS, AS WELL AS PROGRAMS AND INITIATIVES THAT HELP FURTHER THE CAREERS OF EYE AND VISION RESEARCHERS. OTHER INITIATIVES INCLUDE CAREER DEVELOPMENT PROGRAMS, ADVANCING WOMEN IN SCIENCE, ARVO'S INTERNATIONAL CHAPTER AFFILIATES, THE KEYNOTE SERIES AT THE ARVO ANNUAL MEETING AND SPECIALTY SCIENTIFIC MEETINGS. 0 0 0 984955 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 1 0 1 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 MD X JASON SPESSARD 2402212916 5515 SECURITY LANE SUITE 500 ROCKVILLE MD 20852 IRIS M RUSH CAE EXECUTIVE DIRECTOR 5 37.5 X 0 357032 36789 JASON SPESSARD CAE CHIEF OPERATING & FINANCIAL OFFICER 5.00 37.5 X 0 222400 20894 JOEL S SCHUMAN MD FARVO CHAIR 2 0 X X 0 0 0 RAFAL FARJO PHD FARVO TREASURER 2 0 X X 0 0 0 ALAN MORSE JD PHD GOVERNOR 1 0 X 0 0 0 JANET BLANKS PHD FARVO GOVERNOR 1 0 X 0 0 0 WILLIAM BRUNKEN PHD FARVO GOVERNOR 1 0 X 0 0 0 CLAUDE BURGOYNE MD FARVO GOVERNOR 1 0 X 0 0 0 EMILY CHEW MD FARVO GOVERNOR 1 0 X 0 0 0 MARY ELIZABETH HARTNETT MD FARVO GOVERNOR 1 0 X 0 0 0 SHIGERU KINOSHITA MD GOVERNOR 1 0 X 0 0 0 RENU KOWLURU PHD FARVO GOVERNOR 1 0 X 0 0 0 ERIK VAN KUIJK MD PHD FARVO GOVERNOR 1 0 X 0 0 0 JANEY WIGGS MD PHD FARVO GOVERNOR 1 0 X 0 0 0 THOMAS YORIO PHD FARVO GOVERNOR 1 0 X 0 0 0 0 579432 57683 0 0 1 0 0 0 0 138879 0 0 968088 0 1106967 0 188220 188220 0 0 0 0 0 0 0 0 0 0 0 0 230707 0 128849 0 101858 0 101858 0 0 101858 0 138879 10052 -10052 0 -10052 0 1386993 188220 0 91806 344692 344692 161100 161100 179526 179526 167041 46986 114035 6020 6782 3513 2798 471 14512 4175 9763 574 10265 3475 6339 451 4223 4223 3418 3418 7631 7631 84715 80000 4567 148 65213 53874 11339 2587 2587 7218 7218 1659 96 1563 112433 107614 4819 1173015 984955 174014 14046 1100839 725665 61849 37746 43000 10000 6797515 6325215 546802 198 8550005 7098824 251045 450576 87100 141778 931924 446679 1270069 1039033 X 4090473 2874917 3189463 3184874 7279936 6059791 8550005 7098824 213978 -1501620 81336 -13839 0 0 X 0 1 X 1 0 X X X 1 ASSOCIATION FOR RESEARCH IN VISION AND OPHTHLMOLOGY INC 340812556 10 1 0 81335 1 0 81335 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Due to related organization 446679 446679 X -37078 -1501620 81336 0 0 -1420284 1383206 13839 -10052 3787 1386993 1183067 0 0 0 10052 10052 1173015 0 0 0 1173015 Schedule D, Part X, Line 2 THE FOUNDATION IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(3) OF THE IRC AND HAS BEEN CLASSIFIED BY THE IRS AS OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE ORGANIZATION HAS ANALYZED ITS TAX POSITIONS TAKEN FOR FILINGS WITH THE IRS AND STATE TAXING AUTHORITIES. AS OF DECEMBER 31, 2022, IT BELIEVES THAT THE TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON ITS FINANCIAL POSITION, CHANGES IN ITS NET ASSETS, OR CASH FLOWS. Schedule D, Part XI, Line 4b SPECIAL EVENT FUNDRAISING EXPENSES = -10,052 Schedule D, Part XII, Line 2d SPECIAL EVENT FUNDRAISING EXPENSES = 10,052 1 East Asia and the Pacific 0 0 Grantmaking RESEARCH AWARDS AND TRAVEL GRANTS 3350 South Asia 0 0 Grantmaking RESEARCH AWARDS AND TRAVEL GRANTS 35393 South America 0 0 Grantmaking RESEARCH AWARDS AND TRAVEL GRANTS 32377 North America (including Canada and Mexico, but not the United States) 0 0 Grantmaking RESEARCH AWARDS AND TRAVEL GRANTS 10203 Middle East and North Africa 0 0 Grantmaking TRAVEL GRANTS 12683 Sub-Saharan Africa 0 0 Grantmaking TRAVEL GRANTS 970 Europe (including Iceland and Greenland) 0 0 Grantmaking RESEARCH AWARDS AND TRAVEL GRANTS 84550 0 0 179526 RESEARCH AWARD North America (including Canada and Mexico, but not the United States) 3 1500 WIRE TRANSFER 0 N/A BOOK RESEARCH AWARDS Europe (including Iceland and Greenland) 3 33250 WIRE TRANSFER 0 N/A BOOK RESEARCH AWARDS East Asia and the Pacific 1 1250 WIRE TRANSFER 0 N/A BOOK RESEARCH AWARDS South America 2 20000 WIRE TRANSFER 0 N/A BOOK RESEARCH AWARDS South Asia 1 10000 WIRE TRANSFER 0 N/A BOOK TRAVEL GRANTS Middle East and North Africa 5 12683 WIRE TRANSFER 0 N/A BOOK TRAVEL GRANTS North America (including Canada and Mexico, but not the United States) 7 8673 WIRE TRANSFER 0 N/A BOOK TRAVEL GRANTS Europe (including Iceland and Greenland) 33 36300 WIRE TRANSFER 0 N/A BOOK TRAVEL GRANTS East Asia and the Pacific 2 2200 WIRE TRANSFER 0 N/A BOOK TRAVEL GRANTS South Asia 8 25323 WIRE TRANSFER 0 N/A BOOK TRAVEL GRANTS South America 5 12377 WIRE TRANSFER 0 N/A BOOK TRAVEL GRANTS Sub-Saharan Africa 2 970 WIRE TRANSFER 0 N/A BOOK 0 0 0 0 0 0 Schedule F, Part I, Line 2 TRAVEL GRANTS ARE AWARDED TO HIGHLY-SCORED ABSTRACT PRESENTERS WHO MEET THE ESTABLISHED CRITERIA SET BY ARVO AND/OR THE DONORS. AFTER ATTENDANCE IS CONFIRMED A PAYMENT IS MADE TO REIMBURSE EACH RECIPIENT FOR THEIR TRAVEL EXPENSES. GRANTS ARE AWARDED IN THE UNITED STATES AND ABROAD TO RECOGNIZE AND RETAIN THE BEST IN VISION RESEARCH. MONITORING THE USE OF THE FUNDS: THERE IS AN OFFICIAL REQUEST AND APPROVAL PROCESS FOR MONITORING GRANT FUNDS. AN INVOICE CONTAINING THE PROGRAM ACCOUNTING CODES IS GENERATED, THE INVOICE IS APPROVED WITHIN THE PROGRAM BUDGET, AND THE SECRETARY/TREASURER APPROVED DISBURSEMENT PAYMENTS. GALA 100450 74930 25520 0 0 0 24775 1984 8943 WEAVR LUNCHEON 96775 81325 15450 0 0 0 25340 0 7356 0 197225 156255 40970 0 0 0 50115 1984 16299 68398 -27428 1 JOHNS HOPKINS UNIVERSITY 3910 KESWICK ROAD N4327 B BALTIMORE MD 21211 520595110 501(C)(3) 100000 0 BOOK RESEARCH AWARD REGENTS OF THE UNIVERSITY OF MICHIGAN 5082 WOLVERINE TOWER 3003 SOUTH STATE STREET ANN ARBOR MI 481091287 386006309 PUBLIC ENTITY 100000 0 BOOK RESEARCH AWARD NORTHEASTERN STATE UNIVERSITY 600 N GRAND AVENUE TAHELQUAH OK 74464 911898417 501(C)(3) 50000 0 BOOK RESEARCH AWARD UNIVERSITY OF ALABAMA AT BIRMINGHAM 801 5TH AVE SOUTH ROOM 251 BIRMINGHAM AL 35233 636005396 501(C)(3) 50000 0 BOOK RESEARCH AWARD THE REGENTS OF THE UNIVERSITY OF COLORADO 1800 GRANT STREET SUITE 600 DENVER CO 80203 846000555 STATE INSTITUTION 15000 0 BOOK RESEARCH AWARDS 5 0 RESEARCH AWARDS 4 42600 0 BOOK N/A TRAVEL GRANTS 158 118500 0 BOOK N/A Schedule I, Part I, Line 2 TRAVEL GRANTS ARE AWARDED TO HIGHLY-SCORED ABSTRACT PRESENTERS WHO MEET THE ESTABLISHED CRITERIA SET BY ARVO AND/OR THE DONORS. AFTER ATTENDANCE IS CONFIRMED A PAYMENT IS MADE TO REIMBURSE EACH RECIPIENT FOR THEIR TRAVEL EXPENSES. GRANTS ARE AWARDED IN THE UNITED STATES AND ABROAD TO RECOGNIZE AND RETAIN THE BEST IN VISION RESEARCH. MONITORING THE USE OF THE FUNDS: THERE IS AN OFFICIAL REQUEST AND APPROVAL PROCESS FOR MONITORING GRANT FUNDS. AN INVOICE CONTAINING THE PROGRAM ACCOUNTING CODES IS GENERATED, THE INVOICE IS APPROVED WITHIN THE PROGRAM BUDGET, AND THE SECRETARY/TREASURER APPROVED DISBURSEMENT PAYMENTS. 0 0 0 0 0 0 0 0 0 IRIS M RUSH CAE EXECUTIVE DIRECTOR 0 357032 0 0 0 0 0 35457 0 1332 0 393821 0 0 JASON SPESSARD CAE CHIEF OPERATING & FINANCIAL OFFICER 0 221400 0 1000 0 0 0 20145 0 749 0 243294 0 0 Schedule J, Part I, Line 3 COMPENSATION IS SET BY THE RELATED ORGANIZATION, ARVO. ARVO'S FINANCE COMMITTEE AND BOARD OF TRUSTEES REVIEW SALARY STRUCTURE PERIODICALLY AGAINST MARKET SURVEYS WITH EACH CATEGORY TO APPROVE OR RECOMMEND ANY ADJUSTMENTS. Form 990, Part VI, Section A, Line 8b THE FOUNDATION HAS NO COMMITTEE WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. Form 990, Part VI, Section B, Line 11b THE FORM 990 IS REVIEWED BY THE TREASURER AND EXECUTIVE DIRECTOR EACH YEAR PRIOR TO FILING. THE FULL BOARD RECEIVES ACCESS TO THE 990 FOR REVIEW PRIOR TO FILING. Form 990, Part VI, Section B, Line 12c THE BOARD OF GOVERNORS SHALL DISCLOSE ANY PERSONAL OR PROFESSIONAL INTERESTS THAT MIGHT BE PERCEIVED AS IMPACTING UPON THEIR DUTIES. THIS INCLUDES BUT IS NOT LIMITED TO, EMPLOYMENT, FUNDING, HONORARIA, INVESTMENT OR ANY OTHER VEHICLE RESULTING IN PERSONAL REMUNERATION. ARVO BOARD OF TRUSTEES AND SENIOR STAFF ARE ALSO SUBJECT TO THIS POLICY. ELECTED OR APPOINTED VOLUNTEERS WHO ENGAGE IN A CHANGE OF EMPLOYMENT SETTING THAT CREATES NEW OR DIFFERENT PERSONAL OR PROFESSIONAL INTEREST FROM THOSE THAT WERE KNOWN AT THE TIME OF THEIR ELECTION OR APPOINTMENT SHALL NOTIFY THE CHAIR OF THE BOARD WITHIN ONE WEEK OF MAKING SUCH A CHANGE. THE BOARD MEMBER MAY EITHER STAND FOR A VOTE OF RE-AFFIRMATION WITH DISCLOSURE OF THESE NEW INTERESTS BEING MADE KNOWN, OR MAY RESIGN FROM THE POSITION. Form 990, Part VI, Section C, Line 19 THE GOVERNING DOCUMENTS AND AUDITED FINANCIAL STATEMENTS ARE NOT GENERALLY MADE AVAILABLE TO THE GENERAL PUBLIC. HOWEVER, THE ORGANIZATION WOULD MAKE DOCUMENTS AVAILABLE UPON REQUEST. THE ASSOCIATION FOR RESEARCH IN VISION AND OPHTHALMOLOGY INC 5515 SECURITY LANE SUITE 500 ROCKVILLE MD 20852 340812556 ENCOURAGE AND ASSIST RESEARCH AND KNOWLEDGE IN VISION AND OPHTHALMOLOGY MD 501(C)(3) LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 THE ASSOCIATION FOR RESEARCH IN VISION AND OPHTHALMOLOGY INC p 61557 CASH