Dr. Michael Conte & Dr. Manesh Patel Talking

Our Financials

The Foundation to Advance Vascular Cures is pleased to share our financial documentation that demonstrates how we fund our mission of building healthier lives through research and empowerment.

Audited Financials 2020-2021

Audited Financials Document

The financial statements referred to below present fairly, in all material respects, the financial position of the Foundation to Advance Vascular Cures (a California 501(c)(3) nonprofit organization) as of June 30, 2020, and the changes in its net assets and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.

Fiscal Responsibility

The Foundation to Advance Vascular Cures conducts operations with integrity, respect, and accountability on behalf of our donors and the patients we support.

Management is responsible for the preparation and fair presentation of these combined financial statements in accordance with accounting principles generally accepted in the United States of America. The Foundation to Advance Vascular Cures hires external auditors annually to ensure appropriate design, implementation, and maintenance of internal controls relevant to the preparation and fair presentation of combined financial statements that are free from material misstatement, whether due to fraud or error.

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Auditors’ Responsibility

Our auditors conduct audits in accordance with the Generally Accepted Auditing Standards (GAAS) which require that auditors plan and perform the audits to obtain reasonable assurance about whether the combined financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the combined financial statements.

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