2025-01-15T09:17:01-05:00 2024-06-30 WITHUMSMITHBROWN PC 1835 MARKET STREET SUITE 1710 PHILADELPHIA PA 191032945 990 2023-07-01 236268380 American Floral Endowment % DEBRA CHEDESTER EXECUTIVE D AMER 7038385211 610 Madison Street Ste 101 PMB 803 Alexandria VA 22314 DEBRA CHEDESTER EXECUTIVE DIRECTOR 7038385211 2025-01-06 true true Richard Ruvelson P00234075 2155462140 2023 2024-10-15 13:58:12Z DEBRA CHEDESTER 610 Madison St Ste 101 PMB 803 Alexandria VA 22314 3463378 false X www.endowment.org X 1961 DC SEE SCHEDULE O 21 21 6 50 62439 51983 642489 778229 0 0 -22420 868972 28819 26239 648888 1673440 982730 993033 0 0 575284 633921 0 0 119011 258442 341668 1816456 1968622 -1167568 -295182 23956963 25266937 308334 450520 23648629 24816417 X THE AMERICAN FLORAL ENDOWMENT (AFE) IS THE TRUSTED SOURCE AND CATALYST FOR FLORICULTURE ADVANCEMENT THROUGH FUNDING INNOVATIVE RESEARCH, SCHOLARSHIP, INTERNSHIPS, AND EDUCATIONAL GRANTS THAT BEST SERVE THE DYNAMIC NEEDS AND DEMOGRAPHICS OF ALL INDUSTRY SECTORS. false false 1411746 1013505 SCIENTIFIC GRANTS: PROVIDE FUNDING FOR RESEARCH ON CURRENT ISSUES AFFECTING THE FLORICULTURE INDUSTRY. EDUCATIONAL GRANTS: PROVIDE GRANTS TO PROGRAMS PROMOTING THE FLORICULTURE INDUSTRY, AND THOSE THAT SUPPORT STUDENTS PURSUING CAREERS IN VARIOUS CONCENTRATIONS WITHIN THE FLORICULTURE INDUSTRY. 1411746 true true false false false false false false true true true false false false true true false false false true true false false false false false true true true false false false false false false false true false false false false false true false false false true 7 0 true 6 true true true false false false false false false false false false false false X 21 21 false false false false false false false true true false false true true true true true true true false false CA IL MD NY PA VA X DEBRA CHEDESTER EXECUTIVE D 7038385211 610 MADISON STREET STE 101 PMB 803 ALEXANDRIA VA 22314 DEBRA L CHEDESTER EXECUTIVE DIRECTOR 37.5 2.0 X 165806 0 18595 KEN YOUNG CHAIRMAN 3.0 1.0 X X 0 0 0 LAURA SHINALL PAST CHAIRMAN 2.0 1.0 X X 0 0 0 GREG ROYER TREASURER/SECRETARY 2.0 1.0 X X 0 0 0 DAVID GARCIA TRUSTEE/EXEC COMM 2.0 0.0 X X 0 0 0 MEGAN BOWMAN TRUSTEE 2.0 0.0 X 0 0 0 PAT DAHLSON TRUSTEE/EXEC COMM 2.0 0.0 X 0 0 0 BILL FOSTER TRUSTEE 2.0 0.0 X 0 0 0 STEVE FRYE TRUSTEE 2.0 0.0 X 0 0 0 OCKERT GREYVENSTEIN TRUSTEE 2.0 0.0 X 0 0 0 GUSTAVO GILCHRIST TRUSTEE 2.0 0.0 X 0 0 0 JERONIMO HERRERA TRUSTEE 2.0 0.0 X 0 0 0 MAURICIO JARAMILLO TRUSTEE 2.0 0.0 X 0 0 0 ADAM VAN WINKLE TRUSTEE 2.0 0.0 X 0 0 0 JACKIE LACEY TRUSTEE 2.0 0.0 X 0 0 0 KELVIN FRYE TRUSTEE 2.0 0.0 X 0 0 0 DAVID BOULTON TRUSTEE 2.0 0.0 X 0 0 0 TIM NOBLE TRUSTEE 2.0 0.0 X 0 0 0 JIM DALY TRUSTEE 2.0 0.0 X 0 0 0 ART VAN WINGERDEN TRUSTEE 2.0 0.0 X 0 0 0 Vijay Rapaka Trustee 2.0 0.0 X 0 0 0 165806 0 18595 1 false true false 0 778229 778229 0 617320 62439 554881 0 0 0 0 0 2041590 1789938 251652 251652 251652 0 0 0 0 0 0 0 0 0 Miscellaneous income 900099 26239 26239 26239 1673440 251652 62439 581120 778471 778471 164562 164562 50000 50000 0 197663 148247 33603 15813 0 346931 193877 66626 86428 24316 15276 4475 4565 30633 19244 5638 5751 34378 21597 6327 6454 0 43702 43702 68274 68274 0 0 50429 50429 14527 14527 0 40615 20472 20143 21215 21215 0 0 39235 39235 0 14877 14877 0 0 4295 4295 0 Miscellaneous expenses 21254 21254 Public relations 17847 17847 BAD DEBT EXPENSE 5398 5398 1968622 1411746 437865 119011 99748 220602 0 0 471803 489717 0 0 0 0 0 0 0 0 0 0 29477 916 43555 6069 0 37486 18766211 20157502 4436536 4207526 0 0 0 0 153188 153188 23956963 25266937 18427 54578 289907 395942 0 0 0 0 0 0 0 0 0 0 0 0 0 0 308334 450520 X 9986610 10182549 13662019 14633868 23648629 24816417 23956963 25266937 -295182 1462970 X false true X true false X 361774 606898 999197 642489 778229 3388587 0 0 361774 606898 999197 642489 778229 3388587 373052 3015535 461011 367345 502401 495616 554881 2381254 13859 52983 66842 4653 8867 19108 28819 26239 87686 5924369 0.50901 0.48970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13772653 316040 1383527 599171 14873049 13145630 174912 1023707 571596 13772653 13593047 1601634 -1442381 606670 13145630 10761178 212819 2876253 257203 13593047 20431159 249074 338283 644368 20374148 0.07250 0.92750 false false 2661 2661 0 40894 3408 37486 37486 NORTHERN TRUST PRIVATE EQUITY 2595012 F NORTHERN TRUST ALPHA CORE 1612514 F 4207526 0 0 X 3085981 1462970 1462970 1623011 50429 50429 1673440 1918193 1918193 50429 50429 1968622 PART V, LINE 4: PERMANENTLY RESTRICTED NET ASSETS ARE DESIGNATED FOR SCHOLARSHIPS. PART X, LINE 2: GAAP REQUIRES ENTITIES TO EVALUATE, MEASURE, RECOGNIZE, AND DISCLOSE ANY UNCERTAIN INCOME TAX POSITIONS TAKEN ON THEIR TAX RETURNS. GAAP PRESCRIBES A MINIMUM THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET IN ORDER TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. AFE BELIEVES THAT IT HAD NO UNCERTAIN TAX POSITIONS AS DEFINED IN GAAP. North America 0 0 grantmaking 50000 0 0 0 0 50000 50000 North America research grant 50000 MICHIGAN STATE UNIVERSITY 535 CHESTNUT RD RM 300 EAST LANDING MI 48824 386005984 115 119199 research grants UNIVERSITY OF FLORIDA 1523 FIFIELD HALL PO BOX 110670 GAINSVILLE FL 32611 596002052 115 37500 PPR continuing research and education grants Ohio State University 1399 Campus Drive Columbus OH 43210 316025986 115 89027 PPR New Research, research projects, education grants CLEMSON UNIVERSITY E-143 POOLE AGRICULTURE CENTER CLEMSON SC 26934 576000254 115 46665 PPR Continuing Research, research projects, education grants, and Thrips and Botyrtis UNIVERSITY OF VERMONT 284 E AVE BURLINGTON VT 05405 030179440 115 52177 research grants KISHWAUKEE COLLEGE 21193 MALTA RD MALTA IL 60150 237433949 115 6750 research grants, education grants NORTH CAROLINA STATE UNIVERSITY 1000 HARRIS HALL BOX 7313 RALEIGH NC 27695 566000756 115 208186 research grants Mississippi State University 75 BS Hood Drive Mississippi State MS 39762 646000819 115 15490 research grants Louisiana State University 3796 Nicholson Drive Baton Rouge LA 70802 726020969 115 53670 research grant UC Davis One Shields Avenue Davis CA 95616 946081352 115 47086 research grant IN RESEARCH COORDINATOR 1 36923 EN THRIPS AND BOTRYTIS 8 8785 IN AFE SCHOLARSHIP 22 58100 IN ECKE SCHOLARSHP 2 10000 IN ALTMAN FAMILY SCHOLARSHIP 4 20000 BA BALL INTERNSHIP PROGRAM 14 25754 IN Mosmiller Scholarships 3 4000 IN Arizona Retail Travel Grant 1 1000 Part I Description of Procedure for Monitoring Use of Funds PROGRESS REPORTS AND CONTINUING FUNDING APPLICATIONS ARE REQUIRED FOR ALL GRANTS. THESE ARE REVIEWED ANNUALLY BY BOARD COMMITTEES. X X X X false true false false false false false false false DEBRA L CHEDESTER EXECUTIVE DIRECTOR 159806 0 6000 0 0 0 18595 0 0 0 184401 0 0 0 Part I Line 4b AFE has established a 457(f) plan solely with the Executive Director which would provide post-retirement benefits. Laura Shinall Partner in Fresh Path and Board Member of Organization 6000 marketing services false FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE AMERICAN FLORAL ENDOWMENT (AFE) IS THE TRUSTED SOURCE AND CATALYST FOR FLORICULTURE ADVANCEMENT THROUGH FUNDING INNOVATIVE RESEARCH, SCHOLARSHIP, INTERNSHIPS, AND EDUCATIONAL GRANTS THAT BEST SERVE THE DYNAMIC NEEDS AND DEMOGRAPHICS OF ALL INDUSTRY SECTORS. FORM 990, PART VI, SECTION B, LINE 11B: THE FORM 990 IS REVIEWED BY THE ACCOUNTANT AND THE EXECUTIVE DIRECTOR. ANY REQUIRED CHANGES ARE DISCUSSED WITH THE TAX AUDITORS AND THE REVISED COPY IS SENT BACK TO THE ACCOUNTANT AND THE EXECUTIVE FOR A SECOND REVIEW. A COPY OF THE FORM 990 IS PROVIDED TO THE TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C: THE CONFLICT-OF-INTEREST POLICY APPLIES TO TRUSTEES, OFFICERS, AND STAFF MEMBERS. ALL COVERED INDIVIDUALS ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS ANNUALLY BY COMPLETING A DISCLOSURE FORM. THESE QUESTIONNAIRES ARE REVIEWED AND MONITORED BY THE EXECUTIVE COMMITTEE OF THE ORGANIZATION OR THE BOARD OF TRUSTEES. FOR INDIVIDUALS WITH POTENTIAL CONFLICTS, A DECISION IS MADE WHETHER TO WAIVE THE POTENTIAL CONFLICT IF IT IS DEEMED NOT TO HAVE A MATERIAL IMPACT, RECUSE THE INDIVIDUAL FROM ALL DELIBERATIONS AND DECISION MAKING RELATED TO THE PARTICULAR TRANSACTION OR WHETHER THE INDIVIDUAL SHOULD RESIGN FROM SERVICE TO AFE. FORM 990, PART VI, SECTION B, LINE 15A: THE CHAIRMAN AND PAST CHAIRMAN HAVE THE PRIMARY RESPONSIBILITY TO PERFORM THE ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR WILL SUBMIT TO THE CHAIRMAN AND PAST CHAIRMAN HER ANNUAL SELF-EVALUATION, NO LATER THAN MAY 15TH OF EACH YEAR. THE CHAIRMAN AND PAST CHAIRMAN WILL REVIEW THIS DOCUMENT AND THE CHAIRMAN WILL CONDUCT A REVIEW WITH THE EXECUTIVE DIRECTOR TO ANSWER ANY QUESTIONS AND DISCUSS PERFORMANCE. FOLLOWING THIS DISCUSSION/MEETING, THE CHAIRMAN WILL SHARE THE SELF-EVALUATION AND DISCUSSION WITH THE PAST CHAIRMAN, AND THEY WILL JOINTLY MAKE A RECOMMENDATION TO THE EXECUTIVE COMMITTEE. THEY WILL ALSO HAVE ACCESS TO SALARY, BENEFITS, SURVEY INFORMATION CONDUCTED ANNUALLY BY THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES (ASAE), IN ORDER TO ENSURE COMPENSATION AND BENEFITS ARE FAIR AND WITHIN THE ASSOCIATION PROFESSION. THIS FULL PROCESS OF THE ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR SHOULD BE COMPLETED PRIOR TO THE END OF AFE'S FISCAL YEAR (JUNE 30). FORM 990, PART VI, SECTION C, LINE 19: THE ENDOWMENT MAKES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST. FLORAL MARKETING RESEARCH FUND 610 MADISON STREET STE 101 PMB 803 ALEXANDRIA VA 22314 461488496 promo floclte DC 501(C)(6) AMER FL ENDT false false false false false false false false false false false false false false true true false false false false