Department of the Treasury Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.
Attach to Form 990 or Form 990-EZ. See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
Foundation for Medical Education and Research Inc
Employer identification number
90-0519153
Part I
Reason for Public Charity Status
(All organizations must complete this part.) See instructions
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of
its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10
11
e
By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified persons other than foundation managers and other than one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2).
f
If the organization received a written determination from the IRS that it is a Type I, Type II or Type III supporting organization, check this box
..................................................
g
Since August 17, 2006, has the organization accepted any gift or contribution from any of the following persons?
(i) a person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of the the supported organization?
................
11g(i)
(ii)
a family member of a person described in (i) above?
......................
11g(ii)
(iii)
a 35% controlled entity of a person described in (i) or (ii) above?
................
11g(iii)
h
Provide the following information about the supported organization(s).
(i) Name of supported organization
(ii) EIN
(iii) Type of organization (described on lines 1- 9 above or IRC section (see instructions))
(iv) Is the organization in col. (i) listed in your governing document?
(v) Did you notify the organization in col. (i) of your support?
(vi) Is the organization in col. (i) organized in the U.S.?
(vii) Amount of support?
Yes
No
Yes
No
Yes
No
Total
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 2
Part II
Support Schedule for Organizations Described in IRC 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (Complete only if you checked the box on line 5, 7, or 8 of Part I or if the
organization failed to qualify under Part III. If the organization fails to
qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year(or fiscal year beginning in)
(a) 2006
(b) 2007
(c) 2008
(d) 2009
(e) 2010
(f) Total
1
Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") ....
1,445,656
8,644,381
10,090,037
2
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......
3
The value of services or facilities furnished by a governmental unit to the organization without charge..
4
Total. Add lines 1 through 3..
1,445,656
8,644,381
10,090,037
5
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included
on line 1 that exceeds 2% of the amount shown on line 11, column (f)..
9,877,240
6
Public Support. Subtract line 5 from line 4.
212,797
Section B. Total Support
Calendar year(or fiscal year beginning in)
(a) 2006
(b) 2007
(c) 2008
(d) 2009
(e) 2010
(f) Total
7
Amounts from line 4..
1,445,656
8,644,381
10,090,037
8
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
338
338
9
Net income from unrelated business activities, whether or not the business is regularly carried on..
10
Other income. (Explain in Part IV.) Do not include gain or loss from the sale of capital assets..
11
Total support (Add lines 7 through 10).
10,090,375
12
Gross receipts from related activities, etc. (See instructions.)
..................
12
13
First Five Years
If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization,
check this box and stop here..........................................
Section C. Computation of Public Support Percentage
14
Public Support Percentage for 2010 (line 6 column (f) divided by line 11 column (f))
.........
14
15
Public Support Percentage for 2009 Schedule A, Part II, line 14
...............
15
16a
33 1/3% support test—2010.
If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization
......................
b
33 1/3% support test—2009.
If the organization did not check the box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization
.....................
17a
10%-facts-and-circumstances test—2010.
If the organization did not check a box on line 13, 16a, or 16b and line 14
is 10% or more, and if the organization meets the "facts and circumstances" test, check this box and stop here. Explain
in Part IV how the organization meets the "facts and circumstances" test. The organization qualifies as a publicly supported
organization
..................................................
b
10%-facts-and-circumstances test—2009.
If the organization did not check a box on line 13, 16a, 16b, or 17a and line
15 is 10% or more, and if the organization meets the "facts and circumstances" test, check this box and stop here.
Explain in Part IV how the organization meets the "facts and circumstances" test. The organization qualifies as a publicly supported organization
..............................................
18
Private Foundation
If the organization did not check a box on line 13, 16a, 16b, 17a or 17b, check this box and see
instructions
...................................................
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 3
Part III
Support Schedule for Organizations Described in IRC 509(a)(2) (Complete only if you checked the box on line 9 of Part I or if the organization
failed to qualify under Part II. If the organization fails to qualify under
the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year(or fiscal year beginning in)
(a) 2006
(b) 2007
(c) 2008
(d) 2009
(e) 2010
(f) Total
1
Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......
3
Gross receipts from activities that are not an unrelated trade or business under section 513..
4
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5
The value of services or facilities furnished by a governmental unit to the organization without charge..
6
Total. Add lines 1 through 5.
7a
Amounts included on lines 1, 2, and 3 received from disqualified persons...
b
Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c
Add lines 7a and 7b..
8
Public Support (Subtract line 7c from line 6.)
Section B. Total Support
Calendar year (or fiscal year beginning in)
(a) 2006
(b) 2007
(c) 2008
(d) 2009
(e) 2010
(f) Total
9
Amounts from line 6...
10a
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
b
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c
Add lines 10a and 10b.
11
Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.
12
Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)
13
Total support (Add lines 9, 10c, 11 and 12.).
14
First Five Years
If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization,
check this box and stop here.............................................
Section C. Computation of Public Support Percentage
15
Public Support Percentage for 2010 (line 8 column (f) divided by line 13 column (f))
.........
15
16
Public support percentage from 2009 Schedule A, Part III, line 15
...............
16
Section D. Computation of Investment Income Percentage
17
Investment income percentage for 2010 (line 10c column (f) divided by line 13 column (f))
......
17
18
Investment income percentage from 2009 Schedule A, Part III, line 17
.............
18
19a
33 1/3% support tests—2010.
If the organization did not check the box on line 14, and line 15 is more than 33 1/3% and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization
..........
b
33 1/3% support tests—2009.
If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization
....
20
Private Foundation
If the organization did not check a box on line 14, 19a or 19b, check this box and see instructions
.....
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 4
Part IV
Supplemental Information.
Supplemental Information. Complete this part to provide the explanation required by Part II, line 10; Part II, line 17a or 17b; or Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
Explanation
Schedule A (Form 990 or 990-EZ) 2010
Additional Data
Software ID:
Software Version:
-
TIN:
SCHEDULE O (Form 990 or 990-EZ)
Department of the Treasury Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ
Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
Attach to Form 990 or 990-EZ.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
Foundation for Medical Education and Research Inc
Employer identification number
90-0519153
Identifier
Return Reference
Explanation
REVIEW OF FORM 990
FORM 990, PART VI, SECTION B, QUESTION 11A
DRAFT OF FORM 990 IS E-MAILED TO THE BOARD OF DIRECTORS, BY THE ACCOUNTANTS PREPARING THE FORM. THE FORM IS THEN REVIEWED BY ALL MEMBERS OF THE BOARD.
NO MINUTES TO BOARD MEETINGS
FORM 990, PART VI, SECTION A, QUESTIONS 8A AND 8B
FMER DID NOT HOLD ANY FORMAL BOARD MEETINGS DURING THE YEAR ENDED SEPTEMBER 30, 2011, AND THEREFORE FMER DOES NOT HAVE MINUTES.
DOCUMENTS AVAILABLE
FORM 990, PART VI, SECTION C, QUESTION 19
THE ORGANIZATION'S FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
BUSINESS RELATIONSHIPS & FAMILY RELATIONSHIPS
FORM 990, PART VI, SECTION A, QUESTION 2
BUSINESS RELATIONSHIPS: DR. ANATOLY LANGER IS AN OWNER AND BOARD MEMBER OF A CANADIAN FOR-PROFIT CORPORATION, MD PRIMER, THAT EMPLOYS BOTH ELENA LIANNE GOLDIN AND ETIENNE GRIMA. MD PRIMER PROVIDES SERVICES TO FMER. DR. ANATOLY LANGER AND ETIENNE GRIMA BOTH SERVE ON THE BOARD OF CANADIAN HEART RESEARCH CENTRE (A CANADIAN PUBLIC CHARITY). DR. LANGER, ETIENNE GRIMA AND MD PRIMER ARE ALL SHAREHOLDERS OF CARDIOCOMM SOLUTIONS INC, A PUBLICLY TRADED CANADIAN FOR-PROFIT CORPORATION. CARDIOCOMM SOLUTIONS INC. PROVIDES SERVICES TO FMER. SEE ALSO RELATIONSHIP WITH 259 YORKLAND PROPERTY HOLDINGS AND MANAGEMENT 259 YORKLAND INC. AS DESCRIBED IN THE SUPPLEMENTARY INFORMATION ON SCHEDULE L. FAMILY RELATIONSHIPS: ELENA LIANNE GOLDIN AND ETIENNE GRIMA ARE SPOUSES.
COMPENSATION
FORM 990, PART VII, LINE 1A
THE FOUNDATION FOR MEDICAL EDUCATION AND RESEARCH PAID MD PRIMER, FOR CME CONSULTING SERVICES PERFORMED BY ELENA LIANNE GOLDIN'S ON BEHALF OF FMER. THE AMOUNT PAID TO MS. GOLDIN IS REFLECTED ON LINE 1A OF PART VII AND ON PART IX LINE 5.
BUSINESS TRANSACTIONS
FORM 990, PART IV, QUESTIONS 28A AND 28C
THE FOUNDATION COMPENSATED ELENA LIANNE GOLDIN FOR CONTINUING MEDICAL EDUCATION CONSULTING. THE FOUNDATION PAID MD PRIMER, A CANADIAN FOR-PROFIT COMPANY FOR EXPENSES PAID ON BEHALF OF THE FOUNDATION (INCLUDING MS. GOLDIN'S COMPENSATION). DR. ANATOLY LANGER IS AN OWNER AND BOARD MEMBER OF MD PRIMER AND ELENA LIANNE GOLDIN AND ETIENNE GRIMA ARE EMPLOYEES OF MD PRIMER AND MEMBERS OF FMER'S BOARD OF DIRECTORS.. THE FOUNDATION PAID CARDIOCOMM SOLUTIONS INC., A PUBLICLY TRADED CANADIAN FOR-PROFIT COMPANY FOR PERFORMANCE OF SERVICES RELATED TO THE FOUNDATION'S PROGRAM. OUTSTANDING SHARES OF CARDIOCOMM SOLUTIONS ARE OWNED APPROXIMATELY 40% BY MD PRIMER (SEE ABOVE), 15% BY DR. ANATOLY LANGER AND 5% BY ETIENNE GRIMA. THE FOUNDATION PURCHASED A 40% OWNERSHIP INTEREST IN 259 YORKLAND PROPERTY HOLDINGS INC., A CANADIAN FOR-PROFIT COMPANY WHICH IS 60% OWNED BY MANAGMENT 259 YORKLAND INC., AN ENTITY WHOLLY OWNED BY THE LANGER FAMILY TRUST 259, OF WHICH DR. ANATOLY LANGER IS A TRUSTEE AND BENEFICIARY. THE FOUNDATION ALSO PAID MANAGMENT 259 YORKLAND INC., AN ENTITY WHOLLY OWNED BY THE LANGER FAMILY TRUST 259, FOR IMPROVEMENTS MADE TO THE BUILDING OWNED BY 259 YORKLAND PROPERTY HOLDINGS INC. FOR AMOUNTS INVOLVED, SEE SCHEDULE L.
TAX FORMS
FORM 990, PART V, QUESTIONS 1 AND 2 AND FORM 990, PART VII
THE AMOUNT REFLECTED ON FORM 990 PART VII, LINE 1, COLUMN D AND PART IX, LINE 5 REPRESENTS FEES PAID TO BOARD MEMBER ELENA LIANNE GOLDIN FOR CONSULTING SERVICES PROVIDED TO THE FOUNDATION RELATING TO MEDICAL EDUCATION PROGRAMS. THIS AMOUNT WAS NOT PAID DIRECTLY BY THE FOUNDATION, RATHER IT WAS REIMBURSED TO MD PRIMER, A CANADIAN FOR-PROFIT COMPANY THAT PAID HER SALARY. AN ALLOCATION OF HER SALARY WAS DONE BASED ON THE AMOUNT OF TIME SPENT CONSULTING FOR THE FOUNDATION. SINCE THE AMOUNT WAS REIMBURSED TO MD PRIMER AND NOT PAID BY THE FOUNDATION, THERE WAS NO REQUIREMENT TO FILE FORMS 1096 AND 1099 OR W-3 AND W-2.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.