2024-04-13T06:35:32-05:00 2023-04-30 521446779 JOHNSON LAMBERT LLP 4242 SIX FORKS ROAD SUITE 1500 RALEIGH NC 27609 990 2022-05-01 275024342 THE AMERICAN COLLEGE OF TRUST AND ESTATE COUNSEL FOUNDATION AMER 2026848460 901 15TH STREET NW 525 WASHINGTON DC 200052348 KATHLEEN R SHERBY TREASURER 2026848460 2024-02-28 1 KATHLEEN SHERBY 999009999 0 J CALVIN MARKS P01226973 9197196400 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DEBORAH O MCKINNON 901 15TH STREET NW 525 WASHINGTON DC 200052348 765528 0 X WWW.ACTECFOUNDATION.ORG X 1982 CA SEE SCHEDULE O. 26 26 0 27 0 0 152204 205234 0 0 175447 46937 0 0 327651 252171 57909 114244 0 0 0 0 0 0 0 114450 117083 172359 231327 155292 20844 2503676 2583414 205585 195679 2298091 2387735 X THE ACTEC FOUNDATION PROMOTES SCHOLARSHIP AND EDUCATION IN TRUST, ESTATE, TAX, AND RELATED AREAS OF THE LAW BY SUPPORTING SCHOLARSHIP TO IMPROVE THE LAW AND BY ENCOURAGING TEACHING, CAREERS AND LIFE-LONG LEARNING IN THE AREA. THE FOUNDATION ALSO ENCOURAGES CIVIC ENGAGEMENT OF INDIVIDUAL FELLOWS OF THE AMERICAN COLLEGE OF TRUST AND ESTATE COUNSEL THROUGH PROGRAMS AND ACTIVITIES THAT SERVE THE GENERAL COMMUNITY. 0 0 149244 114244 GRANT MAKING - THE FOUNDATION PROMOTES SCHOLARSHIP AND EDUCATION IN TRUST, ESTATE AND TAX RELATED AREAS BY SUPPORTING AND ENCOURAGING TEACHING, CAREERS AND LIFE LONG LEARNING. 149244 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 1 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X DEBORAH OBERST 2026848460 901 15TH STREET NW NO 525 WASHINGTON DC 200052348 X JOHN T ROGERS JR PRESIDENT 5.00 X X 0 0 0 MELISSA J WILLMS VICE PRESIDENT 5.00 X X 0 0 0 KATHLEEN R SHERBY TREASURER 5.00 X X 0 0 0 LORA G DAVIS SECRETARY, CHAIR, GRANT CTE 5.00 X X 0 0 0 JEFFREY C THEDE IMMEDIATE PAST PRESIDENT 5.00 X X 0 0 0 CHRISTOPHER B HUNT CHAIR, FUNDRAISING CTE 2.00 X 0 0 0 SUSAN L ABBOTT DIRECTOR (TO MAR '23) 2.00 X 0 0 0 BRAD BEDINGFIELD DIRECTOR 2.00 X 0 0 0 STEPHANIE B CASTEEL DIRECTOR (TO MAR '23) 2.00 X 0 0 0 ERIK DRYBURGH DIRECTOR (TO MAR '23) 2.00 X 0 0 0 DAVID F EDWARDS DIRECTOR 2.00 X 0 0 0 THERON E FRY DIRECTOR 2.00 X 0 0 0 THOMAS P GALLANIS DIRECTOR 2.00 X 0 0 0 KEITH BRADOC GALLANT DIRECTOR (FROM MAR '23) 2.00 X 0 0 0 SUSAN N GARY DIRECTOR (TO MAR '23) 2.00 X 0 0 0 PETER S GORDON DIRECTOR 2.00 X 0 0 0 CHASITY GRICE DIRECTOR 2.00 X 0 0 0 SHANNON G GUTHRIE DIRECTOR (FROM MAR '23) 2.00 X 0 0 0 T RANDOLPH HARRIS DIRECTOR 2.00 X 0 0 0 JOSEPH G HODGES JR DIRECTOR 2.00 X 0 0 0 CHRISTOPHER R HOYT DIRECTOR 2.00 X 0 0 0 ROBERT KIRKLAND DIRECTOR 2.00 X 0 0 0 WILLIAM P LAPIANA DIRECTOR (FROM MAR '23) 2.00 X 0 0 0 W CAMERON MCCULLOCH DIRECTOR 2.00 X 0 0 0 MICHELE A W MCKINNON DIRECTOR 2.00 X 0 0 0 CHARLES IAN NASH DIRECTOR 2.00 X 0 0 0 JEANNE L NEWTON DIRECTOR 2.00 X 0 0 0 BENETTA Y PARK DIRECTOR 2.00 X 0 0 0 BRUCE S ROSS DIRECTOR 2.00 X 0 0 0 ALAN F ROTHSCHILD JR DIRECTOR 2.00 X 0 0 0 DEBORAH O MCKINNON EXECUTIVE DIRECTOR 6.00 X 0 0 0 0 0 0 0 0 0 0 0 205234 205234 46560 46560 513734 513357 377 377 377 252171 0 0 46937 60157 60157 40000 40000 14087 14087 13494 13494 22949 22949 17933 17933 8988 8988 18614 18614 EDUCATIONAL SERVICES 35000 35000 STATE REGISTRATION FEES 105 105 231327 149244 82083 0 181994 187194 104243 213376 4050 5250 3780 4297 24324 24324 0 0 2203666 2165541 5943 7756 2503676 2583414 1297 9100 199555 172091 4733 14488 205585 195679 X 1895980 1903927 402111 483808 2298091 2387735 2503676 2583414 X 20844 47099 21701 X 0 1 X 1 0 X 118034 132212 168632 152204 205234 776316 118034 132212 168632 152204 205234 776316 32290 30935 26833 21350 9050 120458 0 32290 30935 26833 21350 9050 120458 655858 43449 41405 36126 36237 46560 203777 43449 41405 36126 36237 46560 203777 161483 173617 204758 188441 251794 980093 0.66920 0.58840 0.20790 0.20090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 402111 11252 413363 436657 -34546 402111 327456 109201 436657 329591 7865 10000 327456 308443 500 20648 329591 0.66340 0.33660 0 0 24324 24324 0 0 INTERCOMPANY DUE TO 14488 14488 509189 47099 232868 279967 229222 22949 22949 252171 419545 232868 232868 186677 22949 21701 44650 231327 PART XII, LINE 4B - OTHER ADJUSTMENTS: RETURN GRANTS 21,701. 1 EUROPE 0 0 PROGRAM ACTIVITIES GRANTMAKING - SSRN (LEGAL SCHOLARSHIP NETWORK 14087 0 0 0 0 0 0 14087 0 14087 EUROPE SOCIAL SCIENCE RESEARCH NETWORK (LEGAL SCHOLARSHIP NETWORK) 14087 WIRE TRANSFER 0 0 1 0 0 0 0 0 0 PART I, LINE 2: THE ORGANIZATION RECEIVES REPORT FROM THE GRANTEES AT THE ORGANIZATION'S ANNUAL MEETING, AS WELL AS RECEIVES COPIES OF ANY OUTPUT FROM THE GRANT (PUBLICATIONS, PAPERS, ETC.). PART III ACCOUNTING METHOD: 1 COMMONS LAW CENTER 810 NW MARSHALL ST STE 300 PORTLAND OR 97209 812672973 501(C)(3) 40000 0 GENERAL SUPPORT DUQUESNE UNIVERSITY SCHOOL OF LAW 600 FORBES AVE PITTSBURGH PA 15282 251035663 501(C)(3) 20156 0 GENERAL SUPPORT 2 0 DENNIS I. BELCHER YOUNG LEADERS PROGRAM 5 27500 2023 MARY MOERS WENIG STUDENT WRITING COMPETITION 5 12500 PART I, LINE 2: THE ORGANIZATION RECEIVES REPORT FROM THE GRANTEES AT THE ORGANIZATION'S ANNUAL MEETING, AS WELL AS RECEIVES COPIES OF ANY OUTPUT FROM THE GRANT (PUBLICATIONS, PAPERS, ETC.). 0 0 0 0 0 0 0 0 0 PART I, LINE 3 THE FOUNDATION'S EXECUTIVE DIRECTOR IS COMPENSATED BY THE AMERICAN COLLEGE OF TRUST AND ESTATE COUNSEL. ACTEC USES THE FOLLOWING METHODS TO ESTABLISH THE COMPENSATION OF THE EXECUTIVE DIRECTOR: COMPENSATION COMMITTEE, WRITTEN EMPLOYMENT CONTRACT, AND APPROVAL BY THE BOARD. THE EXECUTIVE DIRECTOR'S COMPENSATION IS PRESENTED AS FOLLOWS: SALARIES $424,936 DEFERRED COMPENSATION $15,250 NONTAXABLE BENEFITS $18,562 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE PRESIDENT, IMMEDIATE PAST PRESIDENT (IF HE OR SHE IS SERVING ON THE BOARD OF DIRECTORS), VICE PRESIDENT, SECRETARY, TREASURER AND THE CHAIRS OF THE GRANT AND FUNDRAISING COMMITTEES. THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL THE AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE FOUNDATION BETWEEN MEETINGS OF THE BOARD, EXCEPT AS OTHERWISE LIMITED IN THE FOUNDATION'S BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT AND A DESIGNATED BOARD MEMBER. PRIOR TO FILING, A COPY OF THE FORM 990 IS DISTRIBUTED TO THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION PUT ITS CONFLICT OF INTEREST POLICY INTO PLACE IN THE FALL OF 2010. OPERATIONALLY, THE ORGANIZATION HAS CHECKS AND BALANCES TO MONITOR THE CONFLICT OF INTEREST POLICY TO ENSURE THAT THERE ARE NO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: RETURN GRANTS 21,701. THE ORGANIZATION IS FILING FORM 990 AFTER THE RETURN DUE DATE (INCLUDING EXTENSIONS) AS A RESULT OF ITS PAID PREPARER FIRM'S EFIN ACCOUNT BEING ERRONEOUSLY SUSPENDED. THE FIRM MADE EVERY EFFORT TO HAVE ITS ACCOUNT TIMELY REINSTATED, BUT WAS UNABLE TO SUCCESSFULLY TRANSMIT THE RETURN BEFORE THE DUE DATE. THE ORGANIZATION WAS DENIED PERMISSION TO FILE A PAPER COPY OF FORM 990 DUE TO THE MANDATORY ELECTRONIC FILING PROVISIONS OF THE TAXPAYER FIRST ACT. A GOOD-FAITH EFFORT WAS MADE TO ELECTRONICALLY FILE FORM 990 BEFORE THE RETURN DUE DATE, AND EVIDENCE OF THAT ATTEMPT IS AVAILABLE UPON REQUEST.FOR THESE REASONS WE RESPECTFULLY REQUEST THAT THIS RETURN BE TREATED AS TIMELY FILED, AND THAT ANY PENALTIES BE WAIVED AND ABATED.