Acog Foundation
- Assets
- $128.8m
- Revenue
- $4.6m
- Investments
- $19.8m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 06/1953
- Data as of
- 12/2020
- EIN
- 36-2217981
Organization Overview
Acog Foundation is located in Washington, DC. The organization was established in 1953. According to its NTEE Classification (G03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is the central organization for a national or regional group of organizations. Acog 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 12/2020, Acog Foundation generated $4.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (30.2%) each year. All expenses for the organization totaled $8.1m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (23.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Acog Foundation has awarded 31 individual grants totaling $6,105,331. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
DEDICATED TO SUPPORTING ACOG'S MISSION AND STRATEGIC PRIORITIES AND THE PROFESSION OF OBSTETRICS AND GYNECOLOGY TO IMPROVE THE LIVES OF ALL PEOPLE SEEKING CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WOMEN'S HEALTH: THE ACOG FOUNDATION IS A CHARITABLE AND EDUCATIONAL ORGANIZATION WHOSE MISSION IS TO FOSTER AND STIMULATE IMPROVEMENTS IN ALL ASPECTS OF THE HEALTH CARE OF WOMEN IN THE UNITED STATES AND GLOBALLY, INCLUDING ESTABLISHING AND MAINTAINING THE HIGHEST POSSIBLE STANDARDS FOR EDUCATION; FOSTERING THE HIGHEST STANDARDS OF PRACTICE IN ITS RELATIONSHIP TO PUBLIC WELFARE; PROMOTING HIGH ETHICAL STANDARDS IN PRACTICE; AND PROMOTING PUBLICATIONS AND ENCOURAGING CONTRIBUTIONS TO MEDICAL AND SCIENTIFIC LITERATURE.
NATIONAL HEADQUARTERS: PROVIDES SPACE FOR ACOG COLLEGE TO GATHER AND MAKE STRATEGIC DECISIONS AND IS DEDICATED TO SUPPORTING THE PROFESSION OF OBSTETRICS AND GYNECOLOGY AND IMPROVING THE LIVES OF ALL PEOPLE SEEKING OBSTETRIC AND GYNECOLOGIC CARE, THEIR FAMILIES, AND COMMUNITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Verda Josephine Hicks MD Assistant Secretary | OfficerTrustee | 1 | $0 |
Eva Chalas MD Immediate Past President | OfficerTrustee | 6 | $0 |
Sharon Theresa Phelan MD Secretary | OfficerTrustee | 4 | $0 |
J Martin Tucker MD President | OfficerTrustee | 6 | $0 |
Iffath Abbasi Hoskins MD President Elect | OfficerTrustee | 2 | $0 |
Ted Louis Anderson MD PHD Immediate Past President | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jpa Healh Communications Media Services | 12/30/21 | $115,556 |
Allen Interactions Inc Media Services | 12/30/21 | $106,466 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,360,125 |
| Investment income | $1,711,465 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$355,534 |
| Net Gain/Loss on Asset Sales | $260,838 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,640,041 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $986,877 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $287,501 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $221,046 |
| Fees for services: Other | $477,769 |
| Advertising and promotion | $0 |
| Office expenses | $143,423 |
| Information technology | $14,792 |
| Royalties | $0 |
| Occupancy | $10,929 |
| Travel | $33,356 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $43,453 |
| Interest | $616,596 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,936,353 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $8,099,478 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $708,921 |
| Pledges and grants receivable | $278,645 |
| Accounts receivable, net | $73,395 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $73,062,904 |
| Investments—other securities | $19,773,476 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,654,420 |
| Total assets | $128,825,789 |
| Accounts payable and accrued expenses | $940,778 |
| Grants payable | $0 |
| Deferred revenue | $104,780 |
| 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 | $14,037,033 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $760,833 |
| Total liabilities | $15,843,424 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $112,982,365 |
Grants Awarded
Over the last fiscal year, Acog Foundation has awarded $5,051,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: SEE PART V | $5,041,000 |
Baltimore, MD PURPOSE: SEE PART V | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Acog Foundation has recieved totaling $1,503,445.
| Awarding Organization | Amount |
|---|---|
The Susan Thompson Buffett Foundation Omaha, NE PURPOSE: PROJECT SUPPORT | $1,503,433 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
Endowment Analysis
| Beg. Balance | $7,394,399 |
| Earnings | $1,153,908 |
| Admin Expense | $75,944 |
| Net Contributions | $25,820 |
| Ending Balance | $8,498,183 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American College Of Medical Genetics And Genomics Bethesda, MD | $5,251,363 | $10,964,294 |
American Association Of Immunologists Inc Rockville, MD | $91,493,241 | $15,247,854 |
American Roentgen Ray Society Leesburg, VA | $36,171,953 | $9,848,662 |
Acog Foundation Washington, DC | $128,825,789 | $4,640,041 |
National Tuberous Sclerosis Association Inc Silver Spring, MD | $14,827,937 | $8,909,542 |
Public Health Accreditation Board Alexandria, VA | $6,402,113 | $3,985,968 |
American College Of Veterinary Surgeons Germantown, MD | $7,052,683 | $4,060,999 |
Society Of General Internal Medicine Alexandria, VA | $9,837,369 | $3,557,166 |
American College Of Toxicology Reston, VA | $7,238,636 | $2,341,711 |
National Association Of Councils On Developmental Disabilities Washington, DC | $725,326 | $1,295,693 |
American College Of Dentists Inc Rockville, MD | $5,553,095 | $1,646,074 |
Society Of Interventional Oncology Inc Washington, DC | $7,137,936 | $6,067,876 |