Better Business Bureau Report for
American Veterinary Medical Foundation

Better Business Bureau Report issued January 2014
Better Business Bureau Report expires January 2016


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: American Veterinary Medical Foundation
Address: 1931 N. Meacham Rd. Suite 100
  Schaumburg, IL 60173-4360
Phone: 800-248-2862
847-285-6691
Web Address: www.AVMF.org
Also known as:AVMF
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Better Business Bureau Comments

Year, State Incorporated: 1963, Illinois
Affiliates: None
Stated Purpose: Mission Statement: To Embrace and Advance the Well Being and Medical Care of Animals.

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Evaluation Conclusions

              

American Veterinary Medical Foundation meets the 20 Standards for Charity Accountability.
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Programs

              

Animal Disaster Preparedness, Animal Health Studies, Veterinarian Student Scholarships, Partners for Healthy Pets.

For the fiscal year ended December 31, 2012, American Veterinary Medical Foundation's program expenses were:

  
Partnership for Preventative Pet Healthcare 2,489,957
Pfizer Program Scholarship 830,000
Indirect Program Expenses 356,080
Disaster Relief and Response 251,266
Other Scholarships and Student Enchancements 230,538
Aminal Research Studies 29,639
Food Animal Veterinarian Debt Reduction 1,209
Our Oath in Action 25
Total Program Expenses: $4,188,714
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Governance

              

Chief Executive : Michael W Cathey, Executive Director
Compensation*: 
$165,471

Chair of the Board: Richard P Streett, VMD
Chair's Profession / Business Affiliation: Veterinarian

Co-Chair of the Board : Ginger Brainard, PhD

Chair's Profession / Business Affiliation: Licensed clinical psychologist

Co-Chair of the Board : John Brooks, DVM

Chair's Profession / Business Affiliation: Veterinarian

Board Size: 20

Paid Staff Size: 6

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

direct mail, invitations to fund raising events, grant proposals, internet, planned giving arrangements
Fund raising costs were 5% of related contributions. (Related contributions, which totaled $5,826,012, are donations received as a result of fund raising activities.)
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              

The following information is based on American Veterinary Medical Foundation's audited financial statements for the fiscal year ended December 31, 2012.

Source of Funds  
Donations 5,826,012
Program Service Revenue 902,173
Investment Income 65,822
Other Income 42,825
Total Income $6,836,832


chart



Uses of Funds as a % of Total Expenses

Programs: 88%  Fund Raising: 6%  Administrative: 6% 

Total income $6,836,832
Program expenses $4,188,714
Fund raising expenses 274,978
Administrative expenses 293,725
Total expenses $4,757,417
Income in Excess of Expenses 2,079,415
Beginning net assets 5,181,477
Other Changes in Net Assets 2,079,415
Ending net assets 7,260,892
Total liabilities 1,234,444
Total assets $8,495,336


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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