$300K from AMA to AMA Foundation
11 January 2016 EC Minutes, under "Old Business"
"As of December 8, the AMA Foundation had $55k in its endowment, the total liabilities and equities was around $325k."The $300k will not make the Foundation financially sound where they won’t still require support from the Academy. Mikulski indicated that of the $141k the Academy loaned to the Foundation, $75k was spent on a direct-mailing campaign; there are lots of costs associated with running a business and it will take us a while to have enough money in the Foundation General Fund not to rely on the Academy"