2024-10-29T14:10:19-05:00 2023-12-31 111986323 MARCUM LLP 1899 L STREET NW 850 WASHINGTON DC 20036 990 2023-01-01 540564701 THE MOUNT VERNON LADIES' ASSOCIATION OF THE UNION MOUN 7037802000 3200 MOUNT VERNON MEMORIAL HIGHWAY MOUNT VERNON VA 22121 PHILIP L MANNO CFO 7037802000 2024-10-28 1 0 FRANK SMITH P00639053 2022274000 2024-10-28 2023 2024-10-15 13:58:12Z GEORGE WASHINGTON'S MOUNT VERNON DOUGLAS BRADBURN 3200 MOUNT VERNON MEMORIAL HIGHWAY MOUNT VERNON VA 22121 76117597 0 X WWW.MOUNTVERNON.ORG X 1853 VA TO PRESERVE, RESTORE, AND MANAGE THE ESTATE OF GEORGE WASHINGTON AND EDUCATE VISTORS ABOUT HIS LIFE. 25 25 715 266 1241454 0 29742069 30123272 15005474 17401083 7495196 7951730 10072865 10605904 62315604 66081989 299275 258025 0 0 22579587 25782145 181600 238750 4808021 27562815 35802257 50623277 62081177 11692327 4000812 332647522 365785943 22542150 22449245 310105372 343336698 X THE MISSION OF THE MOUNT VERNON LADIES' ASSOCIATION IS TO PRESERVE, RESTORE, AND MANAGE THE ESTATE OF GEORGE WASHINGTON TO THE HIGHEST STANDARDS AND TO EDUCATE VISITORS AND PEOPLE THROUGHOUT THE WORLD ABOUT THE LIFE AND LEGACIES OF GEORGE WASHINGTON, SO THAT HIS EXAMPLE OF CHARACTER AND LEADERSHIP WILL CONTINUE TO INFORM AND INSPIRE FUTURE GENERATIONS. 0 0 27706999 258025 26113621 EDUCATION: MOUNT VERNON CONTINUED TO PROVIDE A SUPPORTIVE LEARNING SPACE FOR CIVIC ENGAGEMENT AND DISCOURSE AMONG TEACHERS AND STUDENTS, AND IT LOOKED TO GEORGE WASHINGTON'S LEGACY AND 18TH-CENTURY HISTORY FOR INSPIRATION AND INFORMATION.LAST YEAR MARKED THE SECOND YEAR OF THE RETURN OF THE IN-PERSON SUMMER RESIDENTIAL PROGRAMS. OVER THE COURSE OF SIX WEEKS IN THE SUMMER OF 2023, WE WELCOMED TEACHERS FROM ACROSS THE COUNTRY TO MOUNT VERNON IN PERSON WHERE THEY STUDIED DEEP CONTENT, PRACTICED TRANSFERRABLE TEACHING MODELS, HAD BEHIND-THE-SCENES EXPERIENCES, AND BUILT LASTING RELATIONSHIPS AS THEY EXPLORED THE HOME TO WHICH GEORGE WASHINGTON FELT SO CONNECTED. EACH WEEK, TEACHERS WERE IMMERSED IN A SAFE, FUN, AND INTELLECTUALLY STIMULATING ENVIRONMENT AS THEY STAYED IN HISTORIC OLD TOWN ALEXANDRIA, VIRGINIA, AND RECEIVED VIP EXPERIENCES AT AFFILIATED HISTORY AND CIVIC INSTITUTIONS IN THE D.C. METRO AREA. ATTENDEES DEVELOPED RELATIONSHIPS AND PROFESSIONAL LEARNING COMMUNITIES WITHIN THEIR COHORT, AND PARTICIPANTS CONTINUED TO ENGAGE WITH EACH OTHER AND MOUNT VERNON STAFF LONG AFTER THE PROGRAMS CONCLUDED.THE PROGRAMMING IN 2023 PRIORITIZED FOSTERING A SAFE AND INCLUSIVE ENVIRONMENT TO ALLOW PARTICIPANTS TO EXCHANGE COMPLEX IDEAS. TEACHERS ENGAGED IN DEEP CONVERSATIONS WITH VISITING SCHOLARS THAT CONNECTED EVENTS OF THE PAST WITH UNIQUE OBSTACLES FACING STUDENTS IN SCHOOLS TODAY.WE CONTINUED TO BUILD FROM THE SUCCESSES OF PRIOR NATIONAL DIGITAL INSTITUTES AND SYMPOSIUMS FOR TEACHERS. UNIQUE WEBSITES FOR EACH WEEK ALLOWED FOR EASIER DISSEMINATION OF INFORMATION AND COLLABORATION. OUR ANNUAL TWO-DAY DIGITAL SYMPOSIUM CENTERED ON THE PRESIDENTIAL LIBRARY'S 10TH ANNIVERSARY WITH A FOCUS ON THE PLETHORA OF DIGITAL RESOURCES AND PRIMARY SOURCES MADE AVAILABLE DIGITALLY AND FOR FREE BY STAFF AT THE GEORGE WASHINGTON PRESIDENTIAL LIBRARY. THIS FREE SYMPOSIUM SERVED TEACHERS NATIONWIDE AND PROVIDED INCLUSIVE CONTENT, CLASSROOM APPLICATIONS, AND A PROGRAM-DEDICATED WEBSITE.WE CONDUCTED A MULTITUDE OF REGIONAL WORKSHOPS WITH ALUMNI PARTICULARLY FROM THE WESTERN REGION OF THE COUNTRY, COLLABORATING WITH MOUNT VERNON STAFF AT THE ESTATE AND ACROSS THE NATION FOR REGIONAL WORKSHOPS, DISTANCE LEARNING PROGRAMS, CONFERENCES, SEMINARS, AND PODCASTS. WE LOOK FORWARD TO SUSTAINING THIS PARTNERSHIP AS WE PREPARE TO CELEBRATE THE 250TH ANNIVERSARY OF AMERICA'S INDEPENDENCE.ON A LOCAL SCALE WE CONDUCTED THE SECOND ANNUAL MOUNT VERNON STUDENT ADVISORY BOARD TO PROVIDE LEADERSHIP OPPORTUNITIES AND ENGAGEMENT WITH LOCAL STUDENTS FROM THE WASHINGTON DC, VIRGINIA AND MARYLAND AREA BY INVITING THEM TO SHARE THEIR PERSPECTIVES AND IDEAS ON HOW TO MAKE INSTITUTIONAL AND PROGRAMMATIC CHANGES TO ENGAGE AND EDUCATE MODERN YOUTH AND FAMILY VISITORS ON MOUNT VERNON AND GEORGE WASHINGTON'S LEGACY. THE EDUCATION DEPARTMENT ALSO SUPPORTED 294,100 STUDENTS VISITING FOR ONSITE FIELD TRIPS TO MOUNT VERNON. THESE STUDENTS, COMING FROM ALL OVER THE COUNTRY VISITED THE MANSION, EXPLORED THE FARM SITE, AND ATTENDED MANY OF OUR EDUCATIONAL FILMS SHOWING IN THE MUSEUM AND ORIENTATION CENTER. 25271856 244850 HISTORIC PRESERVATION AND COLLECTIONS: IN 2023, THE PRESERVATION TEAM EMBARKED ON A LANDMARK INITIATIVE TO PRESERVE GEORGE WASHINGTON'S HOME FOR GENERATIONS OF FUTURE VISITORS. PREPARATIONS FOR THIS MULTI-YEAR "MANSION REVITALIZATION" PROJECT INCLUDED THE EXPANSION OF THE UNDERGROUND BUNKER TO HOUSE IMPROVED MECHANICAL SYSTEMS; THE REMOVAL OF 1990S-ERA DUCTWORK; AND THE ASSESSMENT AND STABILIZATION OF THE CELLAR'S DRY WELL, A 1785 ARCHITECTURAL FEATURE. THE ARCHAEOLOGY TEAM EXCAVATED ALL ROOMS OF THE MANSION CELLAR, IN PREPARATION FOR INSTALLING NEW UNDERGROUND DUCTWORK; THEY ALSO CONDUCTED A FIELD SCHOOL AT THE SITE OF GEORGE WASHINGTON'S UNION FARM, IDENTIFYING LIKELY EVIDENCE OF TWO WELLS, GARDEN PLOTS, AND DOMESTIC STRUCTURES OF THE ENSLAVED COMMUNITY ON THIS OUTLYING FARM. THE ARCHITECTURE TEAM COMPLETED THE EXTERIOR RESTORATION OF THE MANSION'S EAST FRONT; REFRESHED ITS FIRST-FLOOR BEDCHAMBER; COMPLETED FRAMING AND ROOF REPAIRS OF THE MANSION'S NORTH COLONNADE AND FRAMING AND SIDING REPAIRS OF THE WASH HOUSE;, AND CONSTRUCTED A POULTRY COOP. THE FINE AND DECORATIVE ARTS (FDA) TEAM COMPLETED THE ACQUISITION OF THE PETER PRESIDENTIAL COLLECTION, INCLUDING NEARLY 100 ORIGINAL WASHINGTON ITEMS, AND REINSTALLED THE MANSION'S LITTLE PARLOR AND THE WASH HOUSE, THE LATTER INTERPRETING WORK DONE BY ENSLAVED LAUNDRESSES DOLSHY AND VINA. THE FDA TEAM ALSO INSTALLED A NEW EXHIBIT OF WASHINGTON AND MOUNT VERNON COMMEMORATIVES IN THE WASHINGTON PRESIDENTIAL LIBRARY AND CONSERVED AND REHOUSED ADDITIONAL ORIGINAL WASHINGTON TEXTILES. 52978855 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 1 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 256 0 1 715 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NV NY NC ND OH OR PA RI SC TN UT VA WA WV WI X X PHILIP L MANNO 7037802000 PO BOX 110 MOUNT VERNON VA 22121 MARGARET HARTMAN NICHOLS REGENT 20.00 X X 0 0 0 ANDREA NOTMAN SAHIN SECRETARY 20.00 X X 0 0 0 ANNE NEAL PETRI TREASURER 20.00 X X 0 0 0 SARAH SEAMAN ALIJANI VICE REGENT 10.00 X 0 0 0 MARY LANG BISHOP VICE REGENT 10.00 X 0 0 0 ANN HAUNSCHILD BOOKOUT VICE REGENT 10.00 X 0 0 0 MARIBETH ARMSTRONG BORTHWICK VICE REGENT 10.00 X 0 0 0 SARAH MILLER COULSON VICE REGENT 10.00 X 0 0 0 CAROLYN SHERRILL FULLER VICE REGENT 10.00 X 0 0 0 ELIZABETH MEDLIN HALE VICE REGENT 10.00 X 0 0 0 LUCIA BOSQUI HENDERSON VICE REGENT 10.00 X 0 0 0 ADRIAN MACLEAN JAY VICE REGENT 10.00 X 0 0 0 KAREN MCCABE KIRBY VICE REGENT 10.00 X 0 0 0 VIRGINIA DAWSON LANE VICE REGENT 10.00 X 0 0 0 HELEN HERBOTH LAUGHERY VICE REGENT 10.00 X 0 0 0 ELIZABETH ROLLINS MAURAN VICE REGENT 10.00 X 0 0 0 CAMERON KOCK MAYER VICE REGENT 10.00 X 0 0 0 CATHERINE HAMILTON MAYTON VICE REGENT 10.00 X 0 0 0 SUSAN BREWSTER MCCARTHY VICE REGENT 10.00 X 0 0 0 ANN SHERRILL PYNE VICE REGENT 10.00 X 0 0 0 LAURA PEEBLES RUTHERFORD VICE REGENT 10.00 X 0 0 0 ANN CADY SCOTT VICE REGENT 10.00 X 0 0 0 SUSAN MARSHALL TOWNSEND VICE REGENT 10.00 X 0 0 0 CATHERINE MARLETTE WADDELL VICE REGENT 10.00 X 0 0 0 HILARY CARTER WEST VICE REGENT 10.00 X 0 0 0 DOUGLAS BRADBURN PRESIDENT/CEO 40.00 X 459925 0 14305 PHILIP L MANNO CHIEF FINANCIAL OFFICER 40.00 X 277691 0 16666 PATRICK SPERO EXECUTIVE DIRECTOR OF WA LIBRARY 40.00 X 257241 0 6464 JOSEPH A BONDI SVP OF DEVELOPMENT 40.00 X 266373 0 6828 SUSAN SCHOELWER EXEC. DIR. OF HPC & RHS SR. 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RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 195336810 4003805 33901107 7093928 226147794 231240981 8539813 -37605597 6838387 195336810 207616880 2505281 28801261 7682441 231240981 184775698 4663825 26268889 8091532 207616880 144135983 15161566 31947910 6469761 184775698 0.26140 0.73860 0.00000 1 0 637798 637798 104277647 42853565 61424082 39891887 38150142 1741745 8660198 4693557 3966641 67770266 INTEREST RATE SWAP AGREEMENT 2372418 ANNUITY GIFT LIABILITY 562368 POOLED INCOME FUND LIABILITY 22911 2957697 X 103021142 28780470 474235 29254705 73766437 138985 -7823433 -7684448 66081989 70239860 474235 7823433 8297668 61942192 138985 138985 62081177 PART III, LINE 1A: HISTORICAL PROPERTIES AND COLLECTIONS OWNED BY THE ASSOCIATION HAVE BEEN ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE ASSOCIATION'S INCEPTION. THESE HISTORICAL PROPERTIES AND COLLECTIONS ARE NOT INCLUDED AS ASSETS IN THE STATEMENT OF FINANCIAL POSITION. THE COST OF THE PROPERTIES IS NOT READILY AVAILABLE, AND THE ASSOCIATION IS OF THE OPINION THAT, BECAUSE OF THE INTRINSIC VALUE OF THE PROPERTIES, IT IS IMPRACTICAL TO ASSIGN VALUES TO THE COMPONENTS. IN CONFORMITY WITH ACCOUNTING POLICIES GENERALLY FOLLOWED FOR HISTORICAL PROPERTIES, THE VALUE OF COLLECTIONS, AS WELL AS REPAIRS AND IMPROVEMENTS TO HISTORICAL PROPERTIES, HAVE BEEN EXCLUDED FROM THE STATEMENT OF FINANCIAL POSITION. COLLECTIONS AND REPAIRS & IMPROVEMENTS TO HISTORICAL PROPERTIES ARE INCLUDED IN THE PRESERVATION OF HISTORIC PROPERTIES IN THE ACCOMPANYING STATEMENT OF FUNCTIONAL EXPENSES. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTION IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED, OR AS DECREASES IN NET ASSETS WITH DONOR RESTRICTION IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. THE FINANCIAL STATEMENTS DO NOT REFLECT ANY CONTRIBUTED COLLECTION ITEMS. ALL PROCEEDS FROM THE SALE OF DEACCESSIONED COLLECTIONS ITEMS ARE RECORDED AS WITH DONOR RESTRICTION AND ARE EXPENDED TO PURCHASE NEW ITEMS OR TO CONSERVE ITEMS IN THE COLLECTIONS. PART III, LINE 4: THE ASSOCIATION COLLECTS, RESEARCHES, CONSERVES, RESTORES, RECONSTRUCTS, PRESERVES, DOCUMENTS, AND SHARES WITH THE PUBLIC HISTORIC STRUCTURES, ARCHAEOLOGICAL SITES, AND THE CULTURAL LANDSCAPE AS WELL AS TWO AND THREE-DIMENSIONAL OBJECTS IN A VARIETY OF MEDIA. RESPONSIBILITY FOR THE PRESERVATION AND MAINTENANCE OF THE HISTORIC STRUCTURES, CULTURAL RESOURCES AND THE COLLECTIONS FALLS TO THE HISTORIC RRESERVATION AND COLLECTIONS DEPARTMENT AND THE FRED W. SMITH LIBRARY FOR THE STUDY OF GEORGE WASHINGTON AT MOUNT VERNON. THE HISTORIC RRESERVATION AND COLLECTIONS DEPARTMENT IS DIVIDED INTO THE FINE AND DECORATIVE ARTS CURATORIAL COLLECTION, THE ARCHAEOLOGICAL COLLECTION, THE ARCHITECTURAL FRAGMENTS COLLECTION, AND PHOTO ARCHIVES. THE FINE AND DECORATIVE ARTS CURATORIAL COLLECTION INCLUDES THREE-DIMENSIONAL OBJECTS, TEXTILES, WORKS OF ART ON PAPER, AND PAINTINGS. THE ARCHAEOLOGICAL COLLECTION INCLUDES ARTIFACTS AND THEIR ASSOCIATED DOCUMENTATION DERIVING FROM EXCAVATION PROJECTS, AS WELL AS RANDOM FINDS ORIGINATING ON THE MOUNT VERNON ESTATE. THE ARCHITECTURAL FRAGMENTS COLLECTION INCLUDES FEATURES, BUILDING MATERIALS, AND FINISH TREATMENTS THAT ARE ARCHITECTURAL IN NATURE, AND WHICH HAVE BEEN REMOVED FROM THEIR ORIGINAL CONTEXT DURING THE COURSE OF RESTORATION WORK UNDERTAKEN TO STABILIZE, PROTECT, OR REINTERPRET MOUNT VERNON'S HISTORIC BUILDINGS AND STRUCTURES. PHOTO ARCHIVES CONTAINS MODERN FILM, NEGATIVES, AND DIGITAL IMAGE FILES OF A VARIETY OF MOUNT VERNON RELATED SUBJECTS. SPECIAL COLLECTIONS INCLUDES RARE BOOKS, HISTORIC MANUSCRIPTS, PHOTOGRAPHS, THE ASSOCIATION'S ARCHIVAL MATERIALS, AND PRINTED EPHEMERA. THE LIBRARY COLLECTS PRINTED MATERIAL WITH A PRIMARY EMPHASIS ON GEORGE WASHINGTON, MOUNT VERNON, AND THE MOUNT VERNON LADIES' ASSOCIATION. THE MOST IMPORTANT INITIAL CRITERION WITH WHICH TO EVALUATE A POTENTIAL ACQUISITION IS ITS CONTRIBUTION TO INTERPRETATION, EXHIBITION, AND RESEARCH VALUE AT MOUNT VERNON. THIS INCLUDES THE FOLLOWING ITEMS: OBJECTS ORIGINAL TO MOUNT VERNON OR OWNED BY GEORGE AND MARTHA WASHINGTON; OBJECTS RELATED TO WASHINGTON'S NON-DOMESTIC LIFE, INCLUDING HIS ROLE AS MILITARY LEADER, SURVEYOR, AND PRESIDENT; MANUSCRIPTS BY GEORGE OR MARTHA WASHINGTON NOT PREVIOUSLY REPRODUCED OR PUBLISHED IN PRINT OR ELECTRONIC FORMAT; BOOKS AND OTHER PUBLISHED MATERIALS OWNED BY GEORGE OR MARTHA WASHINGTON; OBJECTS RELATING TO THE DEVELOPMENT AND DOMESTIC LIFE OF MOUNT VERNON, INCLUDING MATERIAL RELATED TO FAMILY MEMBERS, VISITORS, AND ACQUAINTANCES; PERIOD OBJECTS THAT REPLICATE OBJECTS THAT WERE AT MOUNT VERNON, FOR THE PURPOSE OF ENHANCING THE INTERPRETATION AND UNDERSTANDING OF THE ESTATE AND THE LIFE AND LEGACY OF GEORGE AND MARTHA WASHINGTON; ARCHIVAL MATERIALS RELATING TO THE DEVELOPMENT AND DOMESTIC LIFE OF MOUNT VERNON, INCLUDING MATERIALS OF FAMILY MEMBERS, VISITORS, AND ACQUAINTANCES; BOOKS OF THE WASHINGTON AND CUSTIS FAMILIES THAT ARE RELATED TO COLLECTIONS OR INTERPRETATION GOALS; MANUSCRIPTS BY GEORGE OR MARTHA WASHINGTON PREVIOUSLY REPRODUCED OR PUBLISHED IN PRINT OR ELECTRONIC FORMAT; MAPS, PLANS, SURVEYS, MANUSCRIPTS, RARE BOOKS, PHOTOGRAPHS AND OTHER DOCUMENTS OF HISTORICAL VALUE RELATING TO 17TH, 18TH 19TH AND 20TH CENTURY LIFE AT MOUNT VERNON AND THE WASHINGTON FAMILY. PART V, LINE 4: THE ASSOCIATION'S ENDOWMENT CONSISTS OF MANY FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE BOARD APPROVES SPENDING ON PROGRAM RESTRICTED ENDOWMENTS AS PART OF ITS ANNUAL BUDGET APPROVAL PROCESS. IN ADDITION, THE BOARD ALSO APPROVES, AS PART OF ITS ANNUAL BUDGETARY APPROVAL PROCESS, THE TRANSFER AND EXPENDITURE OF ADDITIONAL BOARD-DESIGNATED FUNDS FOR CAPITAL IMPROVEMENTS, COLLECTION ACQUISITIONS OR SPECIAL PROJECTS. PART X, LINE 2: THE ASSOCIATION EVALUATED ITS UNCERTAINTY IN INCOME TAXES FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, AND DETERMINED THAT THERE ARE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED ON PART VIII -886,387. COST OF GOODS SOLD REPORTED ON PART VIII -6,937,046. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED ON PART VIII 886,387. COST OF GOODS SOLD REPORTED ON PART VIII 6,937,046. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENT IN ENTITIES DOMICILED IN THE REGION 2342 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS IN ENTITIES IN REGION 1629656 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTS TO RECIPIENTS IN REGION 60000 0 0 0 0 0 0 1691998 0 1691998 PRIZE EUROPE (INCLUDING ICELAND & GREENLAND) 1 50000 WIRE FELLOWSHIP EUROPE (INCLUDING ICELAND & GREENLAND) 1 10000 WIRE 0 0 0 0 0 0 PART I, LINE 2: THE ASSOCIATION PERIODICALLY AWARDS GRANTS TO ORGANIZATIONS WITH WHICH WE PARTNER ON PROJECTS THAT FURTHER OUR MISSION. GRANTS ARE APPROVED AND DOCUMENTED WITH FORMAL GRANT AGREEMENTS, AND FUNDS ARE DISBURSED ACCORDING TO THE SUBSTANTIATION PROVISIONS OF EACH GRANT AGREEMENT. THE ASSOCIATION REQUIRES GRANT REPORTS AT THE END OF EACH GRANT TERM AND/OR MONITORS PROGRESS TOWARDS GRANT ACCOMPLISHMENTS THROUGH OUR DAY-TO-DAY INVOLVEMENT WITH A PARTNER. X X X X X X 1 CDR FUNDRAISING GROUP 4200 PARLIAMENT PLACE SUITE 300 LANHAM MD 20706 DIRECT MAIL 0 3318546 238750 3079796 3318546 238750 3079796 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MO MS NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI L10 ANNIVERSARY EVENT 2605720 2294770 310950 68245 177458 42038 90014 SPIRIT OF MOUNT VERNON 919713 633318 286395 43249 250732 33021 19003 3 575764 375721 200043 102682 32881 27064 4101197 3303809 797388 111494 530872 107940 136081 886387 -88999 1 UNIVERSITY OF VIRGINIA PO BOX 400195 CHARLOTTESVILLE VA 229044195 546001796 501(C)(3) 25000 0 PAPERS OF GEORGE WASHINGTON ACCOKEEK FOUNDATION 3400 BRYAN POINT ROAD ACCOKEEK MD 20607 526037288 501(C)(3) 15000 0 PROTECTION OF VIEWSHED GEORGE MASON UNIVERSITY FOUNDATION INC 4400 UNIVERSITY DRIVE MS 1A3 FAIRFAX VA 22030 541603842 501(C)(3) 13000 0 GRADUATE COURSE FOR GWTI ALUMNI ROSEMONT PRESERVATION SOCIETY PO BOX 188 GRAY COURT SC 29645 260807001 501(C)(3) 10000 0 MAINTENANCE OF THE APC HOME 4 0 STIPENDS & AWARDS 40 132500 PART I, LINE 2: THE ASSOCIATION PERIODICALLY AWARDS GRANTS TO ORGANIZATIONS WITH WHICH WE PARTNER ON PROJECTS THAT FURTHER OUR MISSION. GRANTS ARE APPROVED AND DOCUMENTED WITH FORMAL GRANT AGREEMENTS, AND FUNDS ARE DISBURSED ACCORDING TO THE SUBSTANTIATION PROVISIONS OF EACH GRANT AGREEMENT. THE ASSOCIATION REQUIRES GRANT REPORTS AT THE END OF EACH GRANT TERM AND/OR MONITORS PROGRESS TOWARDS GRANT ACCOMPLISHMENTS THROUGH OUR DAY-TO-DAY INVOLVEMENT WITH A PARTNER. X X X 1 1 X X X X 0 0 0 0 0 0 0 1 0 DOUGLAS BRADBURN PRESIDENT/CEO 448829 0 250 0 10846 0 6600 0 7705 0 474230 0 0 0 PHILIP L MANNO CHIEF FINANCIAL OFFICER 277691 0 0 0 0 0 5704 0 10962 0 294357 0 0 0 JOSEPH A BONDI SVP OF DEVELOPMENT 266373 0 0 0 0 0 5318 0 1510 0 273201 0 0 0 PATRICK SPERO EXECUTIVE DIRECTOR OF WA LIBRARY 204241 0 53000 0 0 0 1385 0 5079 0 263705 0 0 0 SUSAN SCHOELWER EXEC. DIR. OF HPC & RHS SR. CURATOR 212597 0 0 0 0 0 4338 0 11907 0 228842 0 0 0 BEREND OLTMANS DIRECTOR OF IT 186690 0 4300 0 1200 0 3829 0 1031 0 197050 0 0 0 MATTHEW K BRINEY VP OF MEDIA & COMMUNICATIONS 183441 0 0 0 0 0 3860 0 3718 0 191019 0 0 0 KAROL WICKENS VP OF EDUCATION 182753 0 0 0 0 0 3681 0 3437 0 189871 0 0 0 CAROLINA CAMARGO SENIOR DIRECTOR OF DEVELOPMENT 163881 0 0 0 0 0 3397 0 6430 0 173708 0 0 0 AMERLIA TURCOTTE SENIOR DIRECTOR OF DEVELOPMENT 162177 0 125 0 0 0 3325 0 4486 0 170113 0 0 0 PART I, LINE 1A THE PRESIDENT/CEO OF THE ASSOCIATION IS REQUIRED TO LIVE ON THE PREMISES AND IS PROVIDED WITH HOUSING, AND PERSONAL SERVICES FOR THE CARE OF THE PROPERTY. AS SUCH, THESE ARE NON-TAXABLE ALLOWANCES. SOCIAL CLUB DUES WERE REIMBURSED AND RECORDED AS TAXABLE ON THE FORM W-2. PART I, LINE 7 ALTHOUGH THE MAJORITY OF BONUSES PAID FOR 2023 WERE FIXED PERFORMANCE BONUSES, THERE WAS A SMALLER NUMBER OF NON-FIXED, DISCRETIONARY BONUSES THAT WERE GIVEN OUT THROUGHOUT THE YEAR. A FAIRFAX COUNTY ECONOMIC DEVELOPMENT AUTHORITY 911910090 30382EDU5 2007-06-20 15000000 REFINANCE EXISTING BONDS 0 0 0 A 15000000 128967 14871033 2009 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 1 1 1 SUNTRUST 30.000000000000 0 0 0 0 0 0 1 A 1 X 69 7081600 FMV X 5 114600 FMV X MISCELLANIOUS 9 44467 FMV X SUPPLIES 13 32738 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE ASSOCIATION'S PROCESS FOR PREPARING AND REVIEWING THE FEDERAL FORM 990, CONTAINS FOUR LEVELS OF REVIEW: 1) A DRAFT OF THE FEDERAL FORM 990 IS PREPARED BY THE ASSOCIATION'S TAX ADVISORS, MARCUM LLP, BASED ON FINANCIAL INFORMATION IN THE CERTIFIED AUDIT, ORGANIZATIONAL INFORMATION DOCUMENTED FROM THE AUDIT, PREPARATION OF INFORMATION SCHEDULES BY THE FINANCE DEPARTMENT AND ANSWERS TO CHECKLIST QUESTIONS; 2) THE DRAFT OF FEDERAL FORM 990 IS REVIEWED BY THE ASSOCIATION'S MANAGEMENT (PRESIDENT/CEO, CHIEF FINANCIAL OFFICER AND CONTROLLER) FOR ACCURACY AND COMPLETENESS; 3) THE AUDIT COMMITTEE REVIEWS THE FINAL DRAFT WITH THE INDEPENDENT AUDITOR; AND 4) THE FINAL DRAFT IS THEN PROVIDED TO THE FULL BOARD FOR REVIEW PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ASSOCIATION'S CONFLICT OF INTEREST POLICY REQUIRES THE ANNUAL COMPLETION OF A CONFLICT OF INTEREST FORM BY ALL DIRECTORS AND OFFICERS. THE FORM WAS PREPARED BY OUTSIDE COUNSEL AND ASKS FOR DOCUMENTATION OF POTENTIAL CONFLICTS OF INTEREST IN THE FOLLOWING AREAS: FINANCIAL INTERESTS, GIFTS OR ENTERTAINMENT THAT MIGHT INFLUENCE DECISION MAKING, AND ANY OTHER ACTIVITIES. THE FORMS ARE REVIEWED BY THE CHIEF FINANCIAL OFFICER AND ARE DISCUSSED WITH THE OUTSIDE COUNSEL AND THE EXECUTIVE COMMITTEE OF THE BOARD, IF APPROPRIATE. THE PRESIDENT/CEO REVIEWS THE COMPLETED FORM OF THE CHIEF FINANCIAL OFFICER, AND TAKES ANY APPROPRIATE ACTION. IF A CONFLICT IS IDENTIFIED ON THE QUESTIONNAIRE, THE CONFLICT IS SENT TO THE EXECUTIVE COMMITTEE AND IS RESOLVED APPROPRIATELY BASED ON THE CIRCUMSTANCES. FORM 990, PART VI, SECTION B, LINE 15 ON A PERIODIC BASIS, THE ASSOCIATION WORKS WITH A COMPENSATION CONSULTANT TO PERFORM COMPARATIVE MARKET STUDIES. THE MOST RECENT STUDY WAS COMPLETED IN 2022 AND INCLUDED ANALYSIS ON MORE THAN 300 POSITIONS INCLUDING EXECUTIVE AND MANAGEMENT POSITIONS AS WELL AS MANY FRONT LINE STAFF POSITIONS. COMPENSATION IS BENCHMARKED AGAINST OUR PEER GROUP (MUSEUMS AND HISTORICAL SITES), OTHER NON-PROFIT ORGANIZATIONS, SIMILAR POSITIONS IN THE WASHINGTON DC METRO AREA AND THE NOT-FOR-PROFIT INDUSTRY AT-LARGE. MARKET ADJUSTMENTS ARE MADE AND SALARY GRADES ADJUSTED BASED ON THESE STUDIES. IN ADDITION, PRESIDENT/CEO COMPENSATION IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE BOARD. IN 2017 THE BOARD HIRED AN INDEPENDENT EXECUTIVE SEARCH FIRM THAT SPECIALIZED IN NON-PROFIT CEO COMPENSATION TO ANALYZE OUR PRESIDENT/ CEO COMPENSATION STRUCTURE TO ENSURE IT IS CONSISTENT WITH CURRENT MARKET AND INDUSTRY RATES. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION'S ARTICLES OF INCORPORATION ARE AVAILABLE TO THE PUBLIC THROUGH THE STATE OF VIRGINIA STATE CORPORATION COMMISSION(SCC). THE BYLAWS AND THE CONFLICTS OF INTEREST POLICY, WHICH REQUIRES ANNUAL DISCLOSURE OF CONFLICTING INTERESTS BY EXECUTIVE COMMITTEE BOARD AND OFFICERS, ARE NOT MADE AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE POSTED ON THE ASSOCIATION'S WEBSITE AND ARE AVAILABLE IN HARD COPY UPON SPECIFIC REQUEST. IN ADDITION, SUMMARIZED FINANCIAL INFORMATION IS DISCLOSED IN THE ASSOCIATION'S ANNUAL REPORT. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAP AGREEMENT 154,846. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 295,198.