July 01, 2010

just the stats

 AVMF has strong year

posted June 18, 2010

The numbers are in for the American Veterinary Medical Foundation's 2009 budget and it looks like the charity had a banner year for fundraising.

The Foundation garnered a total of $940,128 in donations, an increase of $216,541 from the previous year, according to a recently completed audit.

Program grants distributed in 2009 totaled $221,300, which was a $129,309 decrease from 2008.

A few factors contributed to the decrease in program spending, said Michael Cathey, AVMF executive director, including the fact that 2009 was a fairly calm year as it related to disasters, resulting in less funding distribution in that category.

In addition, the Foundation intended 2009 to be a rebuilding year for fund development, Cathey said.

The AVMF is already on track to noticeably increase its program spending this year by hundreds of thousands of dollars. For example, $215,000 will be distributed this year for the AVMA/AVMF Food Animal Veterinary Recruitment and Retention program.

In 2010, the Foundation partnered with Pfizer Animal Health to provide $555,000 in grants as part of the Veterinary Student Scholarship Program to 222 second- and third-year veterinary students representing all 28 U.S. schools and colleges of veterinary medicine.

The accompanying pie charts depict the revenues and expenses of the AVMF from Jan. 1 to Dec. 31, 2009.

pie charts