2024-11-14T17:01:42-06:00 2023-12-31 420714325 RSM US LLP 19026 RIDGEWOOD PKWY STE 400 SAN ANTONIO TX 78259 990 2023-01-01 760345781 THE GEORGE AND BARBARA BUSH FOUNDATION GEOR 7132204200 600 TRAVIS STREET 4200 HOUSTON TX 77002 TERRI LACY SECRETARY/TREASURER 7132204200 2024-11-08 1 0 JOSEPHINE BEHREND P00715390 2108286281 2024-11-14 2023 2024-10-15 13:58:12Z TERRI LACY 600 TRAVIS STREET 4200 HOUSTON TX 77002 34330104 0 X GEORGEANDBARBARABUSH.ORG X 1991 TX THE GEORGE & BARBARA BUSH FOUNDATION STRIVES TO PRESERVE THE HISTORIC LEGACIES OF PRESIDENT AND MRS. GEORGE H.W. BUSH 10 10 40 150 160740 2843 3603953 11677860 0 0 1918652 739652 246548 361492 5769153 12779004 1555355 2289082 0 0 1955455 1977814 0 0 726228 3338615 4475945 6849425 8742841 -1080272 4036163 100804497 131167015 36783517 57116220 64020980 74050795 X SEE SCHEDULE O 0 0 1117580 INTERACTIVE LEARNING PROGRAMS THE FOUNDATION PROVIDES A DYNAMIC LEARNING ENVIRONMENT. THROUGH ITS PROGRAMS AND LECTURES, THE PUBLIC IS ABLE TO EXPERIENCE INSIGHT INTO THE COMPLEX DYNAMICS OF DIPLOMACY AND DOMESTIC POLICY MAKING, AND HOW THE OFFICES AND THE INDIVIDUALS SERVING THE PEOPLE PERFORM THEIR DUTIES. THE LIBRARY AND MUSEUM INFORM AND ENRICH LEARNING FOR ALL AGES REGARDING U.S. HISTORY, THE ROLE OF THE PRESIDENCY WITH SPECIAL FOCUS ON THE ADMINISTRATION OF GEORGE H.W. BUSH, AND ENHANCE THE LEARNING ENVIRONMENT THROUGH THE SUPPORT OF LITERACY AND EDUCATION PROGRAMS. ALL OF THE EDUCATION PROGRAMS ARE PROVIDED TO SCHOOL GROUPS FREE OF CHARGE BOTH ON SITE AND THROUGH DISTANCE LEARNING. STORIES ARE DRAMATICALLY TOLD ABOUT AMERICAN AND TEXAS HISTORY BRINGING PAST EVENTS ALIVE AND PROVIDING BENEFICIAL LEARNING EXPERIENCES FOR ALL AGES. THE BUSH LIBRARY AND MUSEUM OFFERS FREE PRESENTATIONS AT THE MUSEUM OR AS OUTREACH PROGRAMS AND ONLINE APPLICATIONS TO AREA SCHOOLS ON A WIDE VARIETY OF TOPICS. AT THE MUSEUM OR AT THE SCHOOL, CUSTOM-DESIGNED STORYTELLING PROGRAMS MEET THE NEEDS OF STUDENTS. SUMMER CAMPS FOR STUDENTS AGES 7 TO 11 ARE ALSO OFFERED BY THE LIBRARY AND MUSEUM. THE CAMPS ENGAGE YOUNG LEARNERS AND INFORM THEM IN A FUN WAY ABOUT U.S. HISTORY, GOVERNMENT, THE PRESIDENCY AND OTHER RELEVANT TOPICS. CAMPS INCLUDE MUSEUM TOURS, HANDS-ON ACTIVITIES, GUEST SPEAKERS AND FIELD TRIPS. THE ANNUAL ART AND ESSAY CONTEST SOLICITS ORIGINAL ARTWORKS FROM STUDENTS IN GRADES K-12 AND ESSAYS FROM STUDENTS IN GRADES 4-12. FIRST PLACE ARTWORKS ARE DISPLAYED IN THE BUSH LIBRARY AND MUSEUM'S CLASSROOM UNTIL THE FOLLOWING YEAR'S CONTEST. THE MUSEUM'S CORE EXHIBITS REVEAL THE UNIQUE INFLUENCES AND CHALLENGES THAT SHAPED GEORGE BUSH'S LIFE AND PRESIDENCY, AND FREQUENTLY CHANGING TEMPORARY EXHIBITS PRESENT VISITORS NEW AND INTERESTING PERSPECTIVES ON PRESIDENT BUSH, HIS LIFE AND WORK. SEE A WORLD WAR II AVENGER TORPEDO BOMBER, A 1947 STUDEBAKER, A SLAB OF THE BERLIN WALL, AND PRECISE REPLICAS OF PRESIDENT BUSH'S CAMP DAVID AND SITUATION ROOM. VISITORS CAN HAVE THEIR PICTURE MADE WHILE SEATED AT THE DESK IN THE REPLICA OVAL OFFICE. IN ADDITION, A SPECIAL SECTION IS DEDICATED TO FIRST LADY BARBARA BUSH AND HER EFFORTS ON BEHALF OF LITERACY, AIDS AWARENESS AND PREVENTION, AND VOLUNTEERISM. 2165081 2165081 GEORGE BUSH SCHOOL OF GOVERNMENT AND PUBLIC SERVICETHE SCHOOL IS ONE OF THE LEADING PUBLIC AND INTERNATIONAL AFFAIRS GRADUATE SCHOOLS IN THE NATION. ONE OF THE TEN SCHOOLS AND COLLEGES AT TEXAS A&M UNIVERSITY, THE SCHOOL OFFERS MASTER'S LEVEL EDUCATION FOR STUDENTS WANTING CAREERS IN PUBLIC SERVICE. THE SCHOOL IS STILL RANKED IN THE TOP 12 PERCENT OF THE GRADUATE PUBLIC AFFAIRS SCHOOLS IN THE NATION. THE SCHOOL'S PHILOSOPHY IS BASED ON THE BELIEF OF ITS FOUNDER, GEORGE H.W. BUSH, THAT PUBLIC SERVICE IS A NOBLE CALLING, A BELIEF THAT CONTINUES TO SHAPE ALL ASPECTS OF THE CURRICULUM, RESEARCH, AND STUDENT EXPERIENCE. THERE ARE THREE ELEMENTS THAT FORM ALL ACTIVITIES AT THE SCHOOL. FIRST IS THE CULTIVATION OF PRINCIPLED LEADERS. SECOND, THE SCHOOL RECOGNIZES THE VITAL IMPORTANCE OF THE RESEARCH CONDUCTED BY ITS FACULTY AND RESEARCH INSTITUTES. THIRD, THE SCHOOL HAS AS ONE OF ITS CORNERSTONES THE IDEA OF GIVING BACK TO THE COMMUNITY THROUGH PUBLIC SERVICE. AN IMPORTANT PART OF THE BUSH SCHOOL EXPERIENCE IS THE OPPORTUNITY TO ENGAGE IN PUBLIC SERVICE OUTSIDE THE CLASSROOM, INCLUDING A SUMMER INTERNSHIP AND STUDENT-LED PUBLIC SERVICE PROJECTS THAT ENABLE STUDENTS TO APPLY WHAT THEY LEARN IN EXTERNAL SETTINGS. 126500 124001 THE FOUNDATION AWARDS SCHOLARSHIPS IN HONOR OF PRESIDENT AND MRS. BUSH AND THEIR COMMITMENT TO PUBLIC SERVICE AND EDUCATION. SOME OF THE SCHOLARSHIPS INCLUDE THE USS GEORGE H.W. BUSH (CVN 77) SCHOLARSHIP FOR CREW OR FAMILY MEMBERS OF THE SHIP, THE GEORGE BUSH HIGH SCHOOL PUBLIC SERVICE SCHOLARSHIP THAT RECOGNIZES HIGH SCHOOL SENIORS IN THE BRYAN-COLLEGE STATION SCHOOL DISTRICTS FOR THEIR COMMUNITY SERVICE, AND SEVERAL SCHOLARSHIPS THAT SUPPORT THE ACADEMIC ACTIVITIES OF A STUDENT AT THE BUSH SCHOOL OF GOVERNMENT AND PUBLIC SERVICE. ADDITIONALLY, THE FOUNDATION GIVES TO THE MAYS BUSINESS SCHOOL PHILANTHROPY PROGRAM AT TEXAS A&M UNIVERSITY TO PROVIDE FOR LOCAL AREA COMMUNITY ORGANIZATIONS. ELIGIBLE RECIPIENTS ARE NON-PROFIT ORGANIZATIONS BASED IN THE BRAZOS VALLEY OR A TEXAS A&M UNIVERSITY RECOGNIZED STUDENT ORGANIZATION. THE FOUNDATION PROVIDES ANNUAL TRAVEL SCHOLARSHIPS TO UNDERGRADUATE AND GRADUATE STUDENTS FROM EACH OF THE ACADEMIC COLLEGES AT TEXAS A&M UNIVERSITY FOR VARIOUS EDUCATIONAL OPPORTUNITIES. IN ADDITION, THE GEORGE BUSH FACULTY EXCELLENCE AWARDS RECOGNIZES THREE TEXAS A&M FACULTY MEMBERS WHO HAVE MADE OUTSTANDING CONTRIBUTIONS IN THE AREAS OF INTERNATIONAL TEACHING, INTERNATIONAL RESEARCH AND PUBLIC SERVICE. 2108283 FOUNDATION EVENTS, LECTURE SERIES, AND HISTORIC DOCUMENTATION 2108283 5517444 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 1 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 62 0 1 40 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 X 10 10 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 AL AK AZ AR CA CT CO DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MO MN MS MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX VT WA WV WI UT VI VA WY X MS TERRI LACY 7132204200 600 TRAVIS STREET 4200 HOUSTON TX 77002 ALEXANDER HAP ELLIS III PRESIDENT 1.00 X X 0 0 0 JAMES W CICCONI VICE PRESIDENT 1.00 X X 0 0 0 TERRI LACY SECRETARY/TREASURER 1.00 X X 0 0 0 ANDREW H CARD JR DIRECTOR 1.00 X 0 0 0 SAM LEBLOND DIRECTOR 1.00 X 0 0 0 FREDRICK D MCCLURE DIRECTOR 1.00 X 0 0 0 JEAN BECKER DIRECTOR 1.00 X 0 0 0 MARVIN BUSH DIRECTOR 1.00 X 0 0 0 NEIL BUSH DIRECTOR 1.00 X 0 0 0 DOROTHY BUSH KOCH DIRECTOR 1.00 X 0 0 0 MAXMILLIAN ANGERHOLZER CEO (UNTIL 11/20/2023) 40.00 X 478153 0 48745 MADISON HILLIN CHIEF OPERATING OFFICER 40.00 X 120440 0 33305 STEPHANIE LINDER SR. DIR. DEVELOPMENT 40.00 X 144787 0 23931 SARAH FARREL DIR. EVENTS & PROGRAMMING 40.00 X 112963 0 40129 HUTTON HIGGINS SR. DIR. COMMUNICATIONS & EXTERNAL RELATIONS 40.00 X 150000 0 23574 1006343 0 169684 5 0 1 0 MANHATTAN CONSTRUCTION COMPANY 13998 DIPLOMAT DRIVE FARMERS BRANCH TX 75234 CONSTRUCTION 18873528 MUSEUM FABRICATION GROUP 1712 SHADY OAKS DRIVE DENTON TX 76205 EXHIBIT INSTALLATION 546747 HKS INC 350 N SAINT PAUL STREET STE 100 DALLAS TX 75201 ARCHITECTURAL SERVICES 493264 PROJECT CONTROL OF TEXAS INC PO BOX 971037 DALLAS TX 75397 CONSTRUCTION PROJECT MANAGEMENT 360000 COLLAMORE CONSULTING GROUP LLC 5206 NORWAY DRIVE CHEVY CHASE MD 20815 STRATEGIC CONSULTING SERVICES 283051 10 543701 11134159 1820450 11677860 740046 20796 719250 21154673 21155067 -394 -394 -394 223522 543701 146191 77331 77331 389786 249842 139944 139944 TAMU SETTLEMENT AGREEMENT 900099 141687 141687 MISCELLAENOUS INCOME 900099 2530 2530 144217 12779004 141687 160740 798717 X 2205082 2205082 84000 84000 618821 262579 275067 81175 1037157 392439 468923 175795 212232 90055 94337 27840 109604 46507 48719 14378 50000 50000 76290 76290 139440 139440 534168 368288 165612 268 117720 40181 4787 72752 139443 91816 41701 5926 10110 851 9259 182100 182100 79035 68805 6842 3388 834292 834292 44782 44782 25516 25516 LIBRARY EXHIBIT EXPENSE 1117580 1117580 EVENTS 839241 726393 600 112248 FUNDRAISING EXPENSES 167712 167712 DUES AND SUBCRIPTIONS 79258 8662 13863 56733 39258 14206 17039 8013 8742841 5517444 2499169 726228 2679794 3418072 856048 2209138 393020 25911 215728 138923 3423 0 28824056 1566692 6586724 27257364 89957603 98007343 1893 110264 110264 100804497 131167015 3916242 4773200 368163 325471 5000000 22500000 27499112 29517549 36783517 57116220 X -34015 6102178 64054995 67948617 64020980 74050795 100804497 131167015 X 4036163 6428653 -435000 X 0 1 X 1 0 X 9805365 3625663 3101209 3603952 11242860 31379049 9805365 3625663 3101209 3603952 11242860 31379049 10236883 21142166 641512 557099 485870 616878 740046 3041405 95197 95197 2500 2600 13293 4200 144217 166810 34682461 0.60960 0.59620 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 100000 X X X 1 50164107 110000 4831260 966989 54138378 57775507 122880 -7367458 366822 50164107 48479409 100000 9568224 372126 57775507 43188807 25970 5521611 256979 48479409 48784381 844284 -6013760 426098 43188807 0.00000 1.00000 0.00000 0 0 853508 711583 141925 893294 795242 98052 27077254 59867 27017387 27257364 AGENCY OBLIGATIONS 29517549 29517549 X 18779407 6428653 146191 6574844 12204563 139440 435000 574440 12779003 8749592 146191 146191 8603401 139440 139440 8742841 PART III, LINE 1A: THE PURPOSE OF THE FOUNDATION IS TO ENDOW A PRESIDENTIAL ARCHIVAL DEPOSITORY AND TO HOUSE AND PRESERVE THE DOCUMENTS, PAPERS, PICTURES, PHOTOGRAPHS AND ARTIFACTS RELATED TO THE CAREER OF PRESIDENT GEORGE H. W. BUSH AS WELL AS OTHER OBJECTS OR MATERIALS RELATED TO THE PAPERS OR EVENTS OF THE OFFICIAL AND PERSONAL LIFE OF PRESIDENT BUSH THAT HAVE HISTORICAL OR COMMEMORATIVE VALUE. PART III, LINE 4: THE FOUNDATION FUNDS AND MAINTAINS THE GEORGE BUSH PRESIDENTIAL LIBRARY AND MUSEUM WHICH IS A PRESIDENTIAL ARCHIVAL DEPOSITORY THAT HOUSES AND PRESERVES THE BOOKS, CORRESPONDENCE, DOCUMENTS, PAPERS, PICTURES AND PHOTOGRAPHS OF PRESIDENT BUSH AS WELL AS OTHER OBJECTS AND MATERIALS RELATED TO THE OFFICIAL AND PERSONAL LIFE OF PRESIDENT BUSH THAT HAVE HISTORIC OR COMMEMORATIVE VALUE. THE DEPOSITORY COLLECTION IS DISPLAYED TO ENHANCE EDUCATIONAL PROGRAMS AT THE LIBRARY AND THE GEORGE BUSH SCHOOL OF GOVERNMENT AND PUBLIC SERVICE. PART V, LINE 4: THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS ARE TO MAINTAIN, OPERATE, PROTECT, ENHANCE AND IMPROVE THE OPERATIONAL AND EDUCATIONAL PROGRAMS OF THE GEORGE H.W. BUSH PRESIDENTIAL CENTER WHICH IS COMPRISED OF THE GEORGE & BARBARA BUSH FOUNDATION, THE GEORGE H.W. BUSH PRESIDENTIAL LIBRARY AND MUSEUM, AND THE BUSH SCHOOL OF GOVERNMENT AND PUBLIC SERVICE. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (IRC) AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3). ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE RELATED TO THE FOUNDATION; HOWEVER, SHOULD THE FOUNDATION ENGAGE IN ACTIVITIES UNRELATED TO THE PURPOSE FOR WHICH IT WAS CREATED, TAXABLE INCOME COULD RESULT. THE OPERATIONS OF THE MUSEUM GIFT SHOP ARE TAXABLE. THE FOUNDATION HAS DEEMED ANY FEDERAL INCOME TAX RELATED TO UNRELATED BUSINESS INCOME TO BE IMMATERIAL FOR 2023 AND 2022. INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS ARE RECOGNIZED AS COMPONENTS OF FEDERAL INCOME TAX EXPENSE. THE FOUNDATION DID NOT HAVE ANY INTEREST OR PENALTIES WITH REGARD TO UNCERTAIN TAX POSITIONS DURING THE YEARS ENDED DECEMBER 31, 2023 AND 2022. THE FOUNDATION FOLLOWS ASC 450, CONTINGENCIES FOR UNCERTAINTY IN INCOME TAXES. IN ACCORDANCE WITH THAT GUIDANCE, MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN INCOME TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 146,191. PART XI, LINE 4B - OTHER ADJUSTMENTS: NONCASH DONATION 435,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 146,191. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES STATUE DEDICATION IN HONOR OF PRESIDENT GEORGE H.W. BUSH AND POLICY FORUM WITH ESMT BERLIN. 30000 0 0 0 0 0 0 30000 0 30000 0 0 0 0 0 0 X X X X X X 1 DANILLER & COMPANY 3724 JEFFERSON STREET SUITE 302 AUSTIN TX 78731 DIRECT MAIL SERVICES 0 264591 167712 96879 264591 167712 96879 AL AK AR CA CT CO DC GA HI IL KS KY ME MD MA MI MO MN MS NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI PRESIDENTIAL SALUTE 767223 543701 223522 121013 25178 767223 543701 223522 121013 25178 146191 77331 SCHEDULE G PART I LINE 3 THE FOLLOWING STATES DO NOT REQUIRE FINANCIAL REPORTING OR HAVE DETERMINED THAT THE FOUNDATION IS EXEMPT FROM REGISTERING: AZ, DE, FL, ID, IA, IN, LA, MT, NE, NV, SD, TX, VT, WY 1 BUSH SCHOOL OF GOVERNMENT & PUBLIC SERVICE 4220 TAMU COLLEGE STATION TX 77843 746000531 501(C)(3) 2165082 0 SCHOLARSHIPS TEXAS A&M UNIVERSITY 1118 TAMU COLLEGE STATION TX 77843 745000531 170(C)(1) 40000 0 TRAVEL GRANTS 2 0 OTHER SCHOLARSHIPS 7 48000 BTU SCHOLARSHIP PROGRAM 10 36000 PART I, LINE 2: SCHOLARSHIPS AND GRANTS ARE APPROVED BY THE BOARD OF DIRECTORS OF THE FOUNDATION. SCHOLARSHIPS AND GRANTS ARE PAID DIRECTLY TO THE SCHOOL OR ORGANIZATION. X 0 0 0 0 0 0 0 0 0 MAXMILLIAN ANGERHOLZER CEO (UNTIL 11/20/2023) 477993 0 0 0 160 0 19613 0 29132 0 526898 0 0 0 HUTTON HIGGINS SR. DIR. COMMUNICATIONS & EXTERNAL R 150000 0 0 0 0 0 12031 0 11543 0 173574 0 0 0 STEPHANIE LINDER SR. DIR. DEVELOPMENT 144227 0 0 0 560 0 11613 0 12318 0 168718 0 0 0 MADISON HILLIN CHIEF OPERATING OFFICER 119960 0 0 0 480 0 9883 0 23422 0 153745 0 0 0 SARAH FARREL DIR. EVENTS & PROGRAMMING 112003 0 0 0 960 0 9926 0 30203 0 153092 0 0 0 BESSEMER TRUST SEE PART V 134117 SEE PART V 0 HUNTON ANDREWS KURTH LLP SEE PART V 79678 SEE PART V 0 SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: TERRI LACY, A CURRENT OFFICER, IS A PARTNER AT HUNTON, ANDREWS, KURTH LLP, WHICH PROVIDES LEGAL AND CONSULTING SERVICES TO THE GEORGE AND BARBARA BUSH FOUNDATION. SUCH SERVICES ARE PERFORMED BY INDIVIDUALS OTHER THAN MS. LACY.MS. LACY ALSO SERVES AS A DIRECTOR OF BESSEMER TRUST, WHICH PROVIDES INVESTMENT SERVICES TO THE GEORGE AND BARBARA BUSH FOUNDATION. MS. LACY DOES NOT DIRECTLY OR INDIRECTLY CONTROL 35% OR MORE OF HUNTON, ANDREWS, KURTH LLP NOR BESSEMER TRUST, HOWEVER, THE ORGANIZATION DESIRES TO DISCLOSE THESE RELATIONSHIPS. X 1 435000 FMV 1 0 0 1 PART I, COLUMN (B): REPORTING THE NUMBER OF ITEMS RECEIVED PART I, LINE 32B: THE FOUNDATION HAS CONTRACTED WITH THE EVENTS COMPANY TO ASSIST WITH NON-CASH SOLICITATION FOR THE ANNUAL SILENT AUCTION. FORM 990, PART III, LINE 1: MISSION THE FOUNDATION IS DEDICATED TO PRESERVING THE HISTORIC LEGACY OF PRESIDENT GEORGE H. W. BUSH BY PROVIDING PROGRAMS AND FINANCIAL SUPPORT TO THE PRESIDENTIAL LIBRARY CENTER, AND ALSO TO SPONSOR EXHIBITS, LECTURES, AND CONFERENCES TO CREATE A DYNAMIC LEARNING ENVIRONMENT. THROUGH ITS FUNDRAISING EFFORTS, THE FOUNDATION SOLICITED AND ACCEPTED FUNDS THAT ENDOWED THE GEORGE BUSH PRESIDENTIAL LIBRARY, A PRESIDENTIAL ARCHIVAL DEPOSITORY THAT HOUSES AND PRESERVES THE BOOKS, CORRESPONDENCE, DOCUMENTS, PAPERS, PICTURES AND PHOTOGRAPHS OF PRESIDENT BUSH AS WELL AS OTHER OBJECTS AND MATERIALS RELATED TO THE OFFICIAL OR PERSONAL LIFE OF PRESIDENT BUSH THAT HAVE HISTORICAL OR COMMEMORATIVE VALUE. A PORTION OF THE FUNDS RAISED BY THE FOUNDATION WERE USED BY THE FEDERAL GOVERNMENT AS AN ENDOWMENT TO MAINTAIN, OPERATE, PROTECT AND IMPROVE THE LIBRARY AND A PORTION IS USED BY THE FOUNDATION AS AN ENDOWMENT, THE PRINCIPAL PURPOSE OF WHICH IS TO ENHANCE EDUCATIONAL PROGRAMS FOR THE LIBRARY AND THE GEORGE BUSH SCHOOL OF GOVERNMENT AND PUBLIC SERVICE. UNDER THE TERMS OF THE PRESIDENTIAL LIBRARIES ACT AMENDMENT OF 1986, A BUILDING ENDOWMENT EQUAL TO 20% OF THE CONSTRUCTION AND LAND COST OF THE LIBRARY BUILDING MUST BE TURNED OVER TO THE NATIONAL ARCHIVES BEFORE THEY CAN ACCEPT THE BUILDING TO OCCUPY AND OPERATE AS A FEDERAL FACILITY. THOSE TERMS WERE MET ON NOVEMBER 4, 1997, WHEN THE FOUNDATION TRANSFERRED FUNDS IN THE AMOUNT OF $4,477,233 TO THE ARCHIVIST OF THE UNITED STATES. ON NOVEMBER 6, 1997, THE BUILDING AND FURNISHINGS, INCLUDING EXHIBITS, WERE ALSO TRANSFERRED TO THE NATIONAL ARCHIVES AND RECORDS ADMINISTRATION. FORM 990, PART VI, SECTION A, LINE 2 ALEXANDER "HAP" ELLIS III (PRESIDENT/DIRECTOR), SAM LEBLOND (DIRECTOR), DOROTHY BUSH KOCH (DIRECTOR), MARVIN BUSH (DIRECTOR) AND NEIL BUSH (DIRECTOR) ARE RELATED FAMILY MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS PROVIDED TO THE SECRETARY/TREASURER WHO REVIEWS THE FORM FOR ACCURACY AND COMPLETENESS AND PROVIDES A COPY TO THE BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C PERIODIC REVIEWS ARE CONDUCTED AND INCLUDE, AT A MINIMUM, WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE BASED ON COMPETENT SURVEY INFORMATION AND THE RESULT OF ARM'S LENGTH BARGAINING. THE REVIEW ALSO INCLUDES WHETHER PARTNERSHIPS, JOINT VENTURES AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE FOUNDATION'S WRITTEN POLICIES, AND ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN EXCESS BENEFIT TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15 ALL COMPENSATION IS DETERMINED USING COMPARABLE DATA AND EVALUATED FOR REASONABLESS. THE ORGANIZATION'S INDEPENDENT BOARD OF DIRECTORS REVIEWS AND APPROVES COMPENSATION ARRANGEMENTS. THE BASIS FOR THE BOARD'S DETERMINATION IS CONTEMPORANEOUSLY DOCUMENTED IN THE BOARD MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE IN THE FOUNDATION OFFICES TO ANYONE WHO REQUESTS TO SEE THEM. FORM 990, PART IX - EXPENSES: VARIOUS EXPENSES CATEGORIES INCLUDED IN THE STATEMENT OF FUNCTIONAL EXPENSES INCLUDE AMOUNTS WHICH ARE REIMBURSED BY TEXAS A&M UNIVERSITY. THE TOTAL REIMBURSEMENT RECEIVED IN 2023 FOR THE CURRENT YEAR EXPENSES WAS $1,385,450. THIS AMOUNT IS INCLUDED IN THE TOTAL CONTRIBUTION FROM TEXAS A&M AS REPORTED ON SCHEDULE B. FORM 990, PART XI, LINE 9: BOOK TO TAX DIFFERENCE ON NONCASH CONTRIBUTION -435,000. FORM 990, PART V, LINE 2A: NUMBER OF EMPLOYEES ALL PAYROLL IS PROCESSED THROUGH TEXAS A&M UNIVERSITY. THE FOUNDATION IS BILLED FOR THE COST OF SALARIES AND BENEFITS EACH MONTH FOR CERTAIN EMPLOYEES OF THE UNIVERSITY THAT PROVIDE SERVICES TO THE FOUNDATION.