2026-06-17T17:01:54-05:00 2025-08-31 410746749 CLIFTONLARSONALLEN LLP 950 NORTH GLEBE ROAD SUITE 1200 ARLINGTON VA 22203 990 2024-09-01 520808480 SIOR FOUNDATION SIOR 2024498208 1307 NEW YORK AVENUE NW 703 WASHINGTON DC 20005 THEODORE KONIGSBERG PRESIDENT 2024498208 2026-06-12 1 1 CHICHI MSANGI P01972113 5712279500 2026-06-12 2024 2025-03-06 01:10:19Z THEODORE KONIGSBERG 1307 NEW YORK AVENUE NW 703 WASHINGTON DC 20005 2962606 0 X WWW.SIORFOUNDATION.ORG X 1962 IL PROMOTE & SUPPORT INITIATIVES THAT EDUCATE, ENHANCE & EXPAND THE COMMERCIAL REAL ESTATE COMMUNITY. 44 44 0 45 0 0 420924 481259 0 0 374989 310941 1791 0 797704 792200 390431 426937 0 0 137326 140062 0 0 57911 194286 250179 722043 817178 75661 -24978 8093809 8508852 188309 181719 7905500 8327133 X PROMOTE AND SUPPORT INITIATIVES THAT EDUCATE, ENHANCE AND EXPAND THE COMMERCIAL REAL ESTATE COMMUNITY. 0 0 238600 237702 GRANTS TO SIOR AND NON-PROFIT ENTITIES FOR SUPPORT OF REAL ESTATE EDUCATION AND LEADERSHIP TRAINING. TO SUPPORT COMMERCIAL REAL ESTATE ARTICLES IN A QUARTERLY PUBLICATION THAT REACHED OVER 4,000 PROFESSIONALS PER ISSUE IN CIRCULATION. 89705 89705 SIOR CHAPTER MATCHING SCHOLARSHIP PROGRAM: TO ENCOURAGE AND ASSIST THE BEST AND BRIGHTEST STUDENTS STUDYING COMMERCIAL REAL ESTATE. SUPPORTED 18 SIOR CHAPTERS IN THE U.S. AND CANADA IN SUPPORTING 60+ STUDENTS AT 31 EDUCATIONAL INSTITUTIONS. 50000 50000 SIOR CHAPTER MATCHING EDUCATIONAL SPEAKERS AND COMMUNITY PROGRAMS: TO ASSIST SIOR CHAPTERS IN EDUCATING COMMERCIAL REAL ESTATE PROFESSIONALS AND INDUSTRY STAKEHOLDERS, AND TO ENHANCE PUBLIC EDUCATION, UNDERSTANDING, AND AWARENESS OF THE INDUSTRY. SUPPORTED 2 SIOR CHAPTERS AND 6 REGIONS AROUND THE U.S., CANADA, & EUROPE TO PROVIDE 8 COMMERCIAL REAL ESTATE EDUCATIONAL PROGRAMS WITH LEADING INDUSTRY EXPERT SPEAKERS THAT IMPACTED OVER 2,000 COMMERCIAL REAL ESTATE PROFESSIONALS AND STUDENTS. 30419 27535 STUDENT REAL ESTATE EXPERIENCE PROGRAM: TO PROVIDE A PROGRAM THAT WILL ENABLE UNDERGRADUATE AND GRADUATE STUDENTS TO ATTEND INDUSTRY WIDE CONFERENCES AS WELL AS REGIONAL AND CHAPTER EVENTS IN ORDER TO PROMOTE THE COMMERCIAL REAL ESTATE INDUSTRY AS A VIABLE AND EXCITING CAREER OPTION TO POTENTIAL PROFESSIONALS. 21995 21995 MILDRED C. HANSON, SIOR MEMORIAL SCHOLARSHIP PROGRAM: TO ENCOURAGE AND ASSIST FEMALE STUDENTS IN OBTAINING AN EDUCATION THAT WILL LEAD THEM INTO PRODUCTIVE CAREERS IN THE REAL ESTATE INDUSTRY. 52414 49530 430719 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 44 44 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA IL X CORRINE NOWAK 2024498208 1301 NEW YORK AVE NW STE 307 WASHINGTON DC 20005 RICHARD SLEASMAN IMM PAST PRESIDENT 1.00 X X 0 0 0 THEODORE KONIGSBERG PRESIDENT 1.00 X X 0 0 0 KRAIG HEETER PRESIDENT-ELECT 1.00 X X 0 0 0 STAN KLEWENO TREASURER 1.00 X X 0 0 0 WILLIAM BURGESS VICE PRESIDENT 1.00 X X 0 0 0 JOSEPH BARNA PAST PRESIDENT 0.50 X 0 0 0 KEVIN CROWLEY PAST PRESIDENT 0.50 X 0 0 0 CHRIS CURTIS PAST PRESIDENT 0.50 X 0 0 0 ALLEN GUMP PAST PRESIDENT 0.50 X 0 0 0 DAVID HAGAN PAST PRESIDENT 0.50 X 0 0 0 PETER HANSON PAST PRESIDENT 0.50 X 0 0 0 THOMAS MCCORMICK III PAST PRESIDENT 0.50 X 0 0 0 ALBERT MCNEEL PAST PRESIDENT 0.50 X 0 0 0 RANDALL WALKER PAST PRESIDENT 0.50 X 0 0 0 AARON BARNARD EMERITUS 0.50 X 0 0 0 BILL GINDER EMERITUS 0.50 X 0 0 0 MICHAEL OHMES EMERITUS 0.50 X 0 0 0 LYNN REICH EMERITUS 0.50 X 0 0 0 JOHN ADAMS TRUSTEE 0.50 X 0 0 0 ADRIAN ARRIAGA TRUSTEE 0.50 X 0 0 0 KIM BAKER TRUSTEE 0.50 X 0 0 0 JOHN BARKER JR TRUSTEE 0.50 X 0 0 0 JIM BIJOU TRUSTEE 0.50 X 0 0 0 MICHAEL CAPOBIANO TRUSTEE 0.50 X 0 0 0 MARK DUCLOS TRUSTEE 0.50 X 0 0 0 MICHAEL FALK TRUSTEE 0.50 X 0 0 0 ERIC FLESKE TRUSTEE 0.50 X 0 0 0 CHRIS GARCIA TRUSTEE 0.50 X 0 0 0 BLAKE GARRETT TRUSTEE 0.50 X 0 0 0 MARK GOODE TRUSTEE 0.50 X 0 0 0 TRIMBLE GREEN TRUSTEE 0.50 X 0 0 0 ALFREDO GUTIERREZ TRUSTEE 0.50 X 0 0 0 WILLIAM HANSON TRUSTEE 0.50 X 0 0 0 MICHELLE HUDSON TRUSTEE 0.50 X 0 0 0 MELANIE JACKSON TRUSTEE 0.50 X 0 0 0 TOM KENNEDY TRUSTEE 0.50 X 0 0 0 MATTHEW LEGUEN DE LACROIX TRUSTEE 0.50 X 0 0 0 BRIAN LIGHTLE TRUSTEE (UNTIL 12/24) 0.50 X 0 0 0 MICHAEL MCFALL TRUSTEE 0.50 X 0 0 0 J ANDREW MILLS TRUSTEE 0.50 X 0 0 0 MATTHEW OLSON TRUSTEE 0.50 X 0 0 0 DANIEL PALMERI TRUSTEE 0.50 X 0 0 0 PETER RICHARDSON TRUSTEE 0.50 X 0 0 0 JEFF WILKE TRUSTEE 0.50 X 0 0 0 JOSHUA WYSS TRUSTEE 0.50 X 0 0 0 CORRINE NOWAK DIRECTOR 37.50 X 103124 0 24739 103124 0 24739 1 1 0 0 0 481259 481259 151339 151339 2330008 2170406 159602 159602 159602 792200 159602 0 151339 322446 322446 21995 21995 82496 82496 140062 3633 124652 11777 51206 51206 44052 44052 31746 31746 45000 45000 19790 149 12208 7433 4593 4593 4490 4490 20826 10601 10225 NONEVENT FUNDRAISING EX 28476 28476 817178 430719 328548 57911 80441 65608 395835 300996 6576 6680 1750 56569 56569 0 0 7593689 8112255 17164 21667 8093809 8508852 19434 36694 103806 115347 65069 29678 188309 181719 X 7271760 7677388 633740 649745 7905500 8327133 8093809 8508852 -24978 446611 0 X 0 1 X 1 0 X 348596 485564 476906 420924 481259 2213249 348596 485564 476906 420924 481259 2213249 78344 2134905 93635 105325 122135 140577 151339 613011 2826260 5965 0.75540 0.76270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 56569 56569 0 0 DUE TO SIOR 29678 29678 X 1197339 446611 2580 449191 748148 44052 44052 792200 775706 2580 2580 773126 44052 44052 817178 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. DURING FISCAL YEARS 2025 AND 2024, THE FOUNDATION HAD NO UNRELATED BUSINESS INCOME. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN ACCRUED IN THESE FINANCIAL STATEMENTS. THE FOUNDATION FOLLOWS THE GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS, AND ITS TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE AND LOCAL AUTHORITIES. THE FOUNDATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. 1 NORTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 31000 EUROPE 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 51496 0 0 0 0 0 0 82496 0 82496 NORTH AMERICA CREATION OF ENDOWED SCHOLARSHIPS 25000 CHECK 0 N/A N/A NORTH AMERICA EDUCATIONAL SCHOLARSHIPS 6000 CHECK 0 N/A N/A EUROPE TO SUPPORT INTERNATIONAL REAL ESTATE COMPETITION 37602 WIRE TRANSFER 0 N/A N/A EUROPE ESTABLISHMENT OF REAL ESTATE PROGRAM 10600 WIRE TRANSFER 0 N/A N/A 3 1 0 0 0 0 0 0 PART I, LINE 2: THE FOUNDATION REQUIRES EITHER AN APPLICATION FOR REIMBURSEMENT OF FUNDS AWARDED TO SCHOLARSHIP RECIPIENTS OR USED IN PROGRAM EXPENSES INCLUDING PROOF OF RECEIPTS, SCHOLARSHIP APPLICATIONS OR PROMOTIONAL MATERIALS, OR PLANS SHOWING DETERMINED AWARD RECIPIENTS, SCHOLARSHIP PROGRAM DETAILS, AND ANTICIPATED DATE OF AWARDS ANNOUNCEMENTS. THE FOUNDATION ALSO REQUIRES PROGRESS/STATUS REPORTS AND FINANCIAL REPORTS DURING AND AFTER PHASES OF GRANT DISTRIBUTION. ALL GRANTS INFORMATION IS SHARED WITH AND REVIEWED BY THE BOARD OF TRUSTEES SEMI-ANNUALLY. 1 CREI EVENTS LLC 4640 BRUNNING COURT DUNWOODY GA 30338 862143548 9500 0 N/A N/A TO SUPPORT COMMERCIAL REAL ESTATE EDUCATIONAL PROGRAMMING THAT INCLUDED SPEAKERS FROM THE COMMERCIAL REAL ESTATE INDUSTRY ON CURRENT INDUSTRY AND ECONOMIC TRENDS SIOR ARIZONA CHAPTER 2390 E CAMELBACK RD STE 100 PHOENIX AZ 85016 471826078 501C(6) 5250 0 N/A N/A TO SUPPORT THREE STUDENTS STUDYING AT TWO ACCREDITED UNIVERSITIES IN REAL ESTATE RELATED DEGREES. SIOR CAROLINAS CHAPTER 23 OAK BRANCH DR GREENSBORO NC 27407 561304185 501C(6) 26484 0 N/A N/A TO SUPPORT STUDENTS ENROLLED AT TWO ACCREDITED MRE PROGRAMS; TO SUPPORT COMMERCIAL REAL ESTATE EDUCATIONAL PROGRAMMING THAT INCLUDED SPEAKERS FROM THE COMMERCIAL REAL ESTATE INDUSTRY ON CURRENT INDUSTRY AND ECONOMIC TRENDS; TO SUPPORT 19 STUDENTS' ATTENDANCE AT INDUSTRY RELATED EVENTS SIOR CONNECTICUT CHAPTER 103 MILL PLAIN RD DANBURY CT 06811 472479704 501C(6) 9377 0 N/A N/A TO SUPPORT FOUR STUDENTS STUDYING AT AN ACCREDITED UNIVERSITIES IN REAL ESTATE RELATED DEGREES; TO SUPPORT SIX STUDENTS' ATTENDANCE AT INDUSTRY RELATED EVENTS SIOR GREATER LA CHAPTER 16830 VENTURA BLVD STE J ENCINO CA 91436 953668753 501C(6) 6503 0 N/A N/A TO SUPPORT TWO STUDENTS STUDYING AT AN ACCREDITED UNIVERSITIES IN REAL ESTATE RELATED DEGREES; TO SUPPORT ONE STUDENT'S ATTENDANCE AT INDUSTRY RELATED EVENTS SIOR MDDCNOVA CHAPTER 6801 OAK HALL LANE COLUMBIA MD 21045 521313308 501C(6) 10000 0 N/A N/A TO SUPPORT COMMERCIAL REAL ESTATE EDUCATIONAL PROGRAMMING THAT INCLUDED SPEAKERS FROM THE COMMERCIAL REAL ESTATE INDUSTRY ON CURRENT INDUSTRY AND ECONOMIC TRENDS SIOR MINNESOTA CHAPTER 225 S 6TH ST STE 4760 MINNEAPOLIS MN 55402 270683839 501C(6) 6000 0 N/A N/A TO SUPPORT TWO STUDENTS STUDYING AT TWO ACCREDITED UNIVERSITIES IN REAL ESTATE RELATED DEGREES. SIOR NORTH TEXAS CHAPTER 5950 BERKSHIRE LN STE 500 DALLAS TX 75225 472225107 501C(6) 8000 0 N/A N/A TO SUPPORT TEN STUDENTS STUDYING AT THREE ACCREDITED UNIVERSITIES IN REAL ESTATE RELATED DEGREES. SIOR OREGON CHAPTER 6745 SW HAMPTON PORTLAND OR 97223 262395250 501C(6) 6000 0 N/A N/A TO SUPPORT ONE STUDENT ENROLLED AT AN ACCREDITED MRE PROGRAMS SIOR PHILADELPHIA CHAPTER 500 NORTH 12TH ST LEMOYNE PA 17043 237182740 501C(6) 8000 0 N/A N/A TO SUPPORT FOUR STUDENTS STUDYING AT THREE ACCREDITED UNIVERSITIES IN REAL ESTATE RELATED DEGREES. SIOR SAN DIEGO CHAPTER 4653 CARMEL MOUNTAIN RD SUITE 308 AA10 SAN DIEGO CA 92130 330720368 501C(6) 8000 0 N/A N/A TO SUPPORT TWO STUDENTS STUDYING AT TWO ACCREDITED UNIVERSITIES IN REAL ESTATE RELATED DEGREES. TO SUPPORT COMMERCIAL REAL ESTATE EDUCATIONAL PROGRAMMING THAT INCLUDED SPEAKERS FROM THE COMMERCIAL REAL ESTATE INDUSTRY ON CURRENT INDUSTRY AND ECONOMIC TRENDS SIOR WASHINGTON CHAPER 12131 113TH AVE NE STE 100 KIRKLAND WA 98034 911567593 501C(6) 10000 0 N/A N/A TO SUPPORT COMMERCIAL REAL ESTATE EDUCATIONAL PROGRAMMING THAT INCLUDED SPEAKERS FROM THE COMMERCIAL REAL ESTATE INDUSTRY ON CURRENT INDUSTRY AND ECONOMIC TRENDS SOCIETY OF INDUSTRIAL AND OFFICE REALTORS 1307 NEW YORK AVE NW STE 703 WASHINGTON DC 20005 530184820 501C(6) 118000 0 N/A N/A TO SUPPORT INFORMATIVE ARTICLES ON TIMELY, RELEVANT TOPICS IN COMMERCIAL REAL ESTATE INDUSTRY ON CURRENT INDUSTRY AND ECONOMIC TRENDS. TO SUPPORT COMMERCIAL REAL ESTATE EDUCATIONAL PROGRAMMING THAT INCLUDED SPEAKERS FROM THE COMMERCIAL REAL ESTATE INDUSTRY ON CURRENT INDUSTRY AND ECONOMIC TRENDS. THE GOLDIE INITIATIVE 485 HALF DAY RD STE 350 BUFFALO GROVE IL 60089 474018659 501C(3) 7500 0 N/A N/A TO SUPPORT PROGRAM DEDICATED TO REDEFINING THE COMMERCIAL REAL ESTATE INDUSTRY BY ELEVATING AND ADVANCING THE CAREERS OF WOMEN WITH HIGH POTENTIAL. UNC CHARLOTTE 8724 UNIVERSITY CITY BOULEVARD CHARLOTTE NC 28213 566059417 501C(3) 25000 0 N/A N/A TO HELP ESTABLISH ENDOWED SCHOLARSHIP FOR STUDENTS ENGAGED IN REAL ESTATE STUDIES SIOR WISCONSIN 250 E WISCONSIN AVE MILWAUKEE WI 53202 500604340 501C(6) 8000 0 N/A N/A TO SUPPORT TWO STUDENTS STUDYING AT TWO ACCREDITED UNIVERSITIES IN REAL ESTATE RELATED DEGREES. TO SUPPORT COMMERCIAL REAL ESTATE EDUCATIONAL PROGRAMMING THAT INCLUDED SPEAKERS FROM THE COMMERCIAL REAL ESTATE INDUSTRY ON CURRENT INDUSTRY AND ECONOMIC TRENDS 2 14 SCHOLARSHIPS 2 16000 N/A N/A CONFERENCE ATTENDANCE 3 5995 N/A N/A PART I, LINE 2: THE FOUNDATION REQUIRES EITHER AN APPLICATION FOR REIMBURSEMENT OF FUNDS AWARDED TO SCHOLARSHIP RECIPIENTS OR USED IN PROGRAM EXPENSES INCLUDING PROOF OF RECEIPTS, SCHOLARSHIP APPLICATIONS OR PROMOTIONAL MATERIALS, OR PLANS SHOWING DETERMINED AWARD RECIPIENTS, SCHOLARSHIP PROGRAM DETAILS, AND ANTICIPATED DATE OF AWARDS ANNOUNCEMENTS. THE FOUNDATION ALSO REQUIRES PROGRESS/STATUS REPORTS AND FINANCIAL REPORTS DURING AND AFTER PHASES OF GRANT DISTRIBUTION. ALL GRANTS INFORMATION IS SHARED WITH AND REVIEWED BY THE BOARD OF TRUSTEES SEMI-ANNUALLY. X X X 0 0 0 0 0 0 0 0 0 PART VII, SECTION A, LINE 1 COMPENSATION FOR CORRINE NOWAK, DIRECTOR, IS THROUGH THE UNRELATED ORGANIZATION, SOCIETY OF INDUSTRIAL & OFFICE REALTORS, SIOR. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE PRESIDENT, PRESIDENT-ELECT, VICE PRESIDENT, TREASURER, THE IMMEDIATE PAST PRESIDENT, AND THE CHAIRS OF THE REMAINING STANDING COMMITTEES. THE EXECUTIVE COMMITTEE SHALL BE CHAIRED BY THE PRESIDENT AND SHALL PERFORM THE DAY-TO-DAY MANAGEMENT OF THE CORPORATION AND SHALL FORMULATE POLICY TO PROPOSE FOR ACTION TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 2 JOHN ADAMS, DAVID HAGAN, DANIEL PALMERI, AND RICHARD SLEASMAN - BUSINESS RELATIONSHIP H. ALLEN GUMP, LYNN REICH, AND MICHAEL FALK - BUSINESS RELATIONSHIP AARON BARNARD, MELANIE JACKSON, AND JOSHUA WYSS - BUSINESS RELATIONSHIP TOM KENNEDY, KEVIN CROWLEY, WILLIAM HANSON, PETER HANSON, TRIMBLEGREEN, AND JEFF WILKE - BUSINESS RELATIONSHIP PETER HANSON AND WILLIAM HANSON - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 4 DURING THE TAX YEAR, THE SIOR FOUNDATION REVIEWED AND APPROVED UPDATED BYLAWS (APPROVED OCTOBER 2024). A COMPARISON OF THE REVISED BYLAWS TO THE PRIOR VERSION REFLECTS THAT NO MATERIAL GOVERNANCE, FIDUCIARY, OR OPERATIONAL CHANGES WERE MADE. THE UPDATES PRIMARILY CONSISTED OF: TERMINOLOGY ALIGNMENT TO REFLECT CURRENT SIOR MEMBERSHIP CLASSIFICATIONS (E.G., REPLACING "ASSOCIATE AFFILIATE" WITH "AFFILIATE" WHERE APPLICABLE). EDITORIAL AND FORMATTING CORRECTIONS, INCLUDING MINOR TYPOGRAPHICAL EDITS AND PAGINATION. PROCEDURAL FLEXIBILITY ENHANCEMENTS, INCLUDING REMOVAL OF PRESCRIPTIVE TIMING LANGUAGE RELATED TO PAST PRESIDENTS COMMITTEE NOMINATION PROCESSES, WITHOUT CHANGING THE COMMITTEE'S AUTHORITY OR RESPONSIBILITIES. CLARIFYING LANGUAGE RELATED TO COMMITTEE TERMS AND OFFICER ELIGIBILITY, CONSISTENT WITH EXISTING PRACTICES. THE REVISED BYLAWS DID NOT CHANGE: THE SIZE, COMPOSITION, OR VOTING AUTHORITY OF THE BOARD OF TRUSTEES; TRUSTEE TERM LENGTHS, ELIGIBILITY REQUIREMENTS, OR REMOVAL STANDARDS; OFFICER ROLES, SUCCESSION, OR ELECTION AUTHORITY; INVESTMENT OVERSIGHT, SPENDING POLICIES, OR FINANCIAL CONTROLS; INDEMNIFICATION PROVISIONS OR 501(C)(3) COMPLIANCE SAFEGUARDS. THE BOARD OF TRUSTEES DETERMINED THAT THE AMENDMENTS WERE NON SUBSTANTIVE AND WERE ADOPTED TO IMPROVE CLARITY, CONSISTENCY, AND ALIGNMENT WITH CURRENT ORGANIZATIONAL PRACTICES. COPIES OF THE BYLAWS ARE MAINTAINED IN THE FOUNDATION'S RECORDS AND ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT REVIEWS AND DISTRIBUTES THE DRAFT FORM 990 AND SUPPORTING SCHEDULES TO THE EXECUTIVE COMMITTEE FOR REVIEW, COMMENT, AND CORRECTIONS. THE FINAL DRAFT IS DISTRIBUTED TO THE FOUNDATION BOARD OF TRUSTEES FOR REVIEW AND COMMENT UP TO ONE WEEK PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION ADOPTED A DOCUMENT RETENTION AND DESTRUCTION POLICY, A WHISTLEBLOWER POLICY, A CODE OF CONDUCT, AND A CONFLICT-OF-INTEREST POLICY. THESE ARE PRESENTED AND REVIEWED SEMI-ANNUALLY AT BOARD MEETINGS. ALL TRUSTEES AND OFFICERS RECEIVE ANNUALLY A CONFLICT OF INTEREST/STATEMENT OF DISCLOSURE AND CONFLICT OF INTEREST QUESTIONNAIRE THAT ALL ARE REQUIRED TO COMPLETE AND SUBMIT TO THE SIOR FOUNDATION OFFICE. THE DISCLOSURES ARE KEPT ON FILE AND USED TO MAKE REQUIRED DISCLOSURES ON THE FORM 990. FORM 990, PART VI, SECTION B, LINE 15A THE FILING ORGANIZATION RELIED ON A UNRELATED ORGANIZATION FOR THE PURPOSES OF DETERMINING COMPENSATION. THE RELATED ORGANIZATION USED THE FOLLOWING PRACTICES TO ESTABLISH COMPENSATION OF THE FOUNDATION DIRECTOR: EXECUTIVE COMMITTEE (IN LIEU OF A COMPENSATION COMMITTEE), COMPENSATION SURVEY OR STUDY, AND APPROVAL BY BOARD OR EXECUTIVE COMMITTEE. EMPLOYEES ARE SHARED WITH THE SOCIETY OF INDUSTRIAL AND OFFICE REALTORS OF THE NAR (SIOR) AND THEREFORE, THE COMPENSATION IS PAID BY SIOR. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.