2023-02-01T10:44:09-05:00 2022-06-30 KUNDINGER CORDER & MONTOYA PC 475 LINCOLN ST STE 200 DENVER CO 80203 990 2021-07-01 846032307 MORRIS ANIMAL FOUNDATION MORR 3037902345 720 S COLORADO BLVD STE 174-A DENVER CO 80246 TIFFANY GRUNERT PRESIDENT/CEO 3037902345 2023-01-31 true TIFFANY GRUNERT 999009999 MARIA MONTOYA P01363907 3035345953 2023-02-01 2021 2023-03-07 01:45:13Z TIFFANY GRUNERT 720 S COLORADO BLVD STE 174-A DENVER CO 80246 18846386 false X WWW.MORRISANIMALFOUNDATION.ORG X 1948 CO TO BRIDGE SCIENCE AND RESOURCES TO ADVANCE THE HEALTH OF ANIMALS. 23 23 64 32 527927 13524634 15090948 0 1403679 1986400 13029 990583 14941342 18067931 3543499 3770956 0 5913919 6785393 423362 465074 2671568 3326997 4087958 13207777 15109381 1733565 2958550 110972027 106653429 6184689 5906349 104787338 100747080 X MORRIS ANIMAL FOUNDATION'S MISSION IS TO BRIDGE SCIENCE AND RESOURCES TO ADVANCE THE HEALTH OF ANIMALS. SINCE OUR FOUNDING IN 1948, MORE THAN 20,000 SPECIES HAVE BEEN HELPED THROUGH SCIENTIFIC STUDIES AND THE DEVELOPMENT OF NEW TREATMENTS, DIAGNOSTIC TOOLS AND VACCINES. false false 8371080 3770956 ANIMAL HEALTH STUDIES: THE FOUNDATION FUNDS RESEARCHERS AROUND THE WORLD WHO ARE SOLVING CRITICAL HEALTH PROBLEMS IN ANIMALS, INCLUDING DOGS, CATS, HORSES, LLAMAS, ALPACAS AND WILDLIFE. OUR WORK IS HELPING RESEARCHERS IN THE FIELD FIND NEW DIAGNOSTICS, TREATMENTS AND CURES FOR DISEASES AND OTHER HEALTH CONCERNS FOR ANIMALS AROUND THE WORLD, INCLUDING MANY ENDANGERED SPECIES. 1897354 PROGRAM AWARENESS: MORRIS ANIMAL FOUNDATIONS MISSION IS TO BRIDGE SCIENCE AND RESOURCES TO ADVANCE THE HEALTH OF ANIMALS. RAISING AWARENESS ABOUT THE FOUNDATIONS PROGRAMS AND IMPACT IS A CRITICAL COMPONENT TO FULFILLING OUR MISSION. THE FOUNDATIONS WEBSITE PROVIDES A VALUABLE RESOURCE FOR SUPPORTERS, INCLUDING A BLOG THAT HIGHLIGHTS ORGANIZATIONAL AND STUDY SUCCESSES, CAMPAIGNS AND DONOR/PARTNER STORIES. THE WEBSITE ALSO IS USED TO PROMOTE RETENTION FOR THE ORGANIZATIONS GOLDEN RETRIEVER LIFETIME STUDY, THE LARGEST AND LONGEST STUDY EVER UNDERTAKEN IN THE UNITED STATES TO UNDERSTAND CANCER IN DOGS. THE FOUNDATIONS STOP CANCER FUREVER CAMPAIGN INCLUDES VIDEOS AND PODCASTS, AS WELL AS DOWNLOADABLE INFORMATION AND ARTICLES TO HELP PET OWNERS LEARN MORE ABOUT HOW PETS DEVELOP CANCER AND TO RAISE AWARENESS ABOUT CANCER IN PETS. THE ORGANIZATION ALSO PROVIDES ANIMAL HEALTH INFORMATION THROUGH AN EXTENSIVE DIRECT RESPONSE PROGRAM TO DONORS, WHICH INCLUDES DIRECT MAIL, A QUARTERLY PRINT NEWSLETTER, AN EMAIL NEWSLETTER PROGRAM AND EDUCATIONAL WEBINARS. 10268434 true true false false false false false false false true true true false false true false true false false false true true false true false false false true true true false false false false false false false false true false false false false false false false false true 10 0 true 64 true true true false false false false false false false false false false false X 23 23 true false false false false false false true true false false true true true true true true true true false AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OR PA RI SC SD TN UT VT VA WA WV WI WY X X STACEY ROIGER 3037083401 720 S COLORADO BLVD STE 174-A DENVER CO 80246 TIFFANY GRUNERT PRESIDENT/CE 40.00 X 308009 0 33737 JANET PATTERSON-KANE CHIEF SCIENT 40.00 X 226932 0 29808 RYAN WELCH CHIEF DEVEL. 40.00 X 214182 0 24286 CAROL BORCHERT VP OF MARKET 40.00 X 179354 0 22721 GREGORY KNADDISON SR. DIRECTOR 40.00 X 160789 0 28576 STACY VAN BUREN VP OF FINANC 40.00 X 157683 0 20685 RYAN MCVEIGH SR DATABASE 40.00 X 143648 0 28397 KATHLEEN TIETJE VP OF SCIENT 40.00 X 132925 0 27410 DAN STENCEL VP OF DEVELO 40.00 X 129648 0 18349 SARA YERANSIAN DEVELOP. DEP 40.00 X 126707 0 18990 LEO KACENJAR SR DATABASE 40.00 X 126729 0 18889 SARAH SVITAK COO 40.00 X 112054 0 12340 AMY EAGLE THOMPSON CHAIR OF THE 3.00 X X 0 0 0 BILL SUTHERLAND VICE CHAIR 3.00 X X 0 0 0 ROBERT C GAIN JR TREASURER 3.00 X X 0 0 0 DEBORAH DAVENPORT DVM MS DACVIM SECRETARY 3.00 X X 0 0 0 FAZ BASHI MD TRUSTEE 1.00 X 0 0 0 ADAM BOYKO TRUSTEE 2.00 X 0 0 0 DONNA DAMBACH VMD PHD DACVP TRUSTEE 2.00 X 0 0 0 ROBIN DOWNING DVM MS TRUSTEE 2.00 X 0 0 0 WALTER N GEORGE III TRUSTEE 3.00 X 0 0 0 COLIN J GILES BVETMED PHD MRCV TRUSTEE 2.00 X 0 0 0 ALLAN GOLDBERG TRUSTEE 2.00 X 0 0 0 AMY HUNKELER DVM DACVO TRUSTEE 2.00 X 0 0 0 JOHN C KUENZI TRUSTEE 2.00 X 0 0 0 LEAH LAMBRAKIS TRUSTEE 2.00 X 0 0 0 JAY MESINGER TRUSTEE 2.00 X 0 0 0 ANITA MIGDAY DVM MS TRUSTEE 2.00 X 0 0 0 ANN B MOORE TRUSTEE 2.00 X 0 0 0 CYNTHIA MORRIS TRUSTEE 2.00 X 0 0 0 DAVID MORRIS TRUSTEE 2.00 X 0 0 0 VERN NORVIEL TRUSTEE 3.00 X 0 0 0 KYLE OFFERMANN TRUSTEE 2.00 X 0 0 0 CHUCK STEPHENS TRUSTEE 2.00 X 0 0 0 STAN TEETER TRUSTEE 2.00 X 0 0 0 2018660 284188 12 false true false GABRIEL GROUP PO BOX 1000 SOUTHEASTERN PA 19398 MARKETING & F/R 341109 1 15090948 1135291 15090948 -913179 -913179 3678034 778455 2899579 2899579 -443964 3343543 MORGAN CREEK CAPITAL PARTNERS 523000 638886 638886 MAGNETAR CAPITAL 523000 340786 340786 OTHER 900099 18692 18692 -7781 -7781 990583 18067931 527927 2449056 2573798 2573798 99146 99146 1098012 1098012 1531157 944001 394412 192744 4246901 2023289 944722 1278890 225842 104682 47290 73870 390756 224937 70770 95049 390737 196712 91365 102660 43905 39039 4866 32412 32412 465074 465074 154045 154045 1317879 1212704 47845 57330 81030 81030 500245 465844 7235 27166 508962 224311 145948 138703 311756 158583 81391 71782 26724 8799 4379 13546 13755 7679 2724 3352 78402 40769 19601 18032 13052 6875 3330 2847 OTHER PROGRAM EXPENSE 499600 499600 MISCELLANEOUS 356597 201258 41664 113675 PROFESSIONAL DEV. 128724 46849 69615 12260 EQUIPMENT RENTAL 20870 10517 5765 4588 15109381 10268434 2169379 2671568 4770338 4867050 4924672 5978247 476112 1824446 213453 331059 527541 420697 181765 106844 25339842 23308145 75065845 70237638 110972027 106653429 957921 858985 4481942 4325145 744826 722219 6184689 5906349 X 36370720 35865355 68416618 64881725 104787338 100747080 110972027 106653429 X 2958550 -7236125 237317 X X false true X true false X 10306287 11926167 11163173 13524634 15090948 62011209 10306287 11926167 11163173 13524634 15090948 62011209 1000000 1205000 1000000 1100000 4305000 2009092 1927274 4537437 1981291 5219736 15674830 3009092 3132274 4537437 2981291 6319736 19979830 42031379 1025499 572774 -111001 104722 -913179 678815 1025499 572774 -111001 104722 -913179 678815 -760506 -407096 193582 -56749 971891 -58878 1253 4671 7102 13029 18692 44747 10572533 12096516 11252856 13585636 15168352 62675893 0.67060 0.70320 0.01000 0.03000 X PART III, LINE 12 OTHER INCOME 44,747 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 88935327 9751462 -4091719 3162949 4411602 1443990 85576529 70208949 9810717 18344672 3543499 2986332 2899180 88935327 75714710 8703020 -5317144 3530949 3500442 1860246 70208949 68079265 5624525 7928189 100000 124377 5692892 75714710 61424093 7028782 6005661 168490 430260 5780521 68079265 0.34000 0.62000 0.04000 false false 44889 33587 11302 482652 387110 95542 106844 PRIVATE INVESTMENTS 36394242 F US EQUITY FUNDS 10257117 F EMERGING MARKETS 7730100 F LESS-CORRELATED STRATEGIES 7721148 F NON-US DEVELOPED EQUITY 4135285 F FIXED INCOME FUNDS 3999746 F 70237638 ANNUITIES PAYABLE 722219 722219 10670345 -7236125 359547 -366963 -7243541 17913886 154045 154045 18067931 14710603 359547 359547 14351056 154045 604280 758325 15109381 SCHEDULE D, PAGE 2, PART V, LINE 4 EARNINGS FROM THE ENDOWMENT ARE SUBJECT TO THE FOUNDATION'S SPENDING POLICY AND ARE TO BE USED TO SUPPORT ANIMAL HEALTH STUDIES AND THE GENERAL OPERATIONS OF THE FOUNDATION. SCHEDULE D, PAGE 4, PART XI, LINE 2D ANNUITIES PAYABLE -366,963 SCHEDULE D, PAGE 4, PART XII, LINE 4B CREDITS IN F/S FOR GRANTS REFUNDED/DISCONTINUED 604,280 true EUROPE - NETHERLANDS, UNITED KINGDOM GRANTMAKING ANIMAL HLTH STUDIES 656594 NORTH AMERICA - CANADA GRANTMAKING ANIMAL HLTH STUDIES 149927 EUROPE (INCLUDING ICELAND & GREENLAND) - INVESTMENTS 13019141 NORTH AMERICA - CANADA AND MEXICO, BUT N INVESTMENTS 799262 CENTRAL AMERICA AND THE CARIBBEAN - ANTI INVESTMENTS 24933768 CENTRAL AMERICA AND THE CARIBBEAN - ANTI GRANTMAKING ANIMAL HLTH STUDIES 59673 EAST ASIA AND THE PACIFIC - MALAYSIA GRANTMAKING ANIMAL HLTH STUDIES 231818 39850183 39850183 EUROPE - NETHERLANDS, UNITED KINGDOM ANIMAL HLTH STUDIES 656594 WIRE TRANSFER NORTH AMERICA - CANADA ANIMAL HLTH STUDIES 149927 WIRE TRANSFER CENTRAL AMERICA AND THE CARIBBEAN - ANTI ANIMAL HLTH STUDIES 59673 WIRE TRANSFER EAST ASIA AND THE PACIFIC - MALAYSIA ANIMAL HLTH STUDIES 231818 WIRE TRANSFER 16 true false true true true false SCHEDULE F, PAGE 1, PART I, LINE 2 DISTRIBUTIONS OF GRANT PAYMENTS ARE TYPICALLY MADE IN QUARTERLY INSTALLMENTS, SUBJECT TO PERFORMANCE OF THE PROJECT TO THE SATISFACTION OF THE FOUNDATION. GRANT PERFORMANCE IS ASSESSED BASED ON INDEPENDENT SCIENTIFIC REVIEW OF PROGRESS REPORTS THAT ARE REQUESTED TWICE ANNUALLY. ONE-HALF OF THE FINAL QUARTERLY PAYMENT WILL BE WITHHELD BY THE FOUNDATION UNTIL RECEIPT OF A COMPLETE AND SATISFACTORY FINAL REPORT AND ACCOUNTING. SCHEDULE F, PAGE 1, PART I, LINE 3 EUROPE - NETHERLANDS, UNITED KINGDOM 656,594 0 NORTH AMERICA - CANADA 149,927 0 EUROPE (INCLUDING ICELAND & GREENLAND) - 0 13,019,141 NORTH AMERICA - CANADA AND MEXICO, BUT N 0 799,262 CENTRAL AMERICA AND THE CARIBBEAN - ANTI 0 24,933,768 CENTRAL AMERICA AND THE CARIBBEAN - ANTI 59,673 0 EAST ASIA AND THE PACIFIC - MALAYSIA 231,818 0 X true GABRIEL GROUP 3190 RIDER TRAIL S EARTH CITY MO 63045 MAILING false 753148 465074 288074 753148 465074 288074 AL AK AR CA CO CT FL GA HI IL KS KY MA ME MD MI MN MS MO OK NV NH NJ NM NY NC ND OH OR PA RI SC TN UT VA WA WV WI SCHEDULE G, PART IV DIRECT FUNDRAISING EXPENSES ARE PAID BY THE FUNDRAISING ORGANIZATION. AN UNIDENTIFIED PORTION OF THE 465,074 PAID BY THE GABRIEL GROUP WAS RELATED TO POSTAGE, PRINTING, MAILING, AND AGENCY FEES. true MICHIGAN STATE UNIVERSITY 784 WILSON RD EAST LANSING MI 48824 386005984 GOV 76968 ANIMAL HLTH STUDIES NORTH CAROLINA STATE UNIVERSITY 2601 WOLF VILLAGE WAY RALEIGH NC 27607 566000756 GOV 145185 ANIMAL HLTH STUDIES PURDUE UNIVERSITY 401 S GRANT ST WEST LAFAYETTE IN 47907 821319401 GOV 66420 ANIMAL HLTH STUDIES THE OHIO STATE UNIVERSITY 1930 KENNY ROAD COLUMBUS OH 43210 316025986 GOV 73200 ANIMAL HLTH STUDIES THE UNIVERSITY OF GEORGIA 310 EAST CAMPUS ROAD ATHENS GA 30602 581353149 GOV 146765 ANIMAL HLTH STUDIES UNIVERSITY OF CALIFORNIADAVIS UC DAVIS AR LOCKBOX PO BOX 741816 LOS ANGELES CA 90074 946036494 GOV 695642 ANIMAL HLTH STUDIES UNIVERSITY OF ILLINOIS 1901 S FIRST STREET SUITE A CHAMPAIGN IL 61820 376000511 GOV 44604 ANIMAL HLTH STUDIES UNIVERSITY OF MINNESOTA 1365 GORTNER AVE ST PAUL MN 55108 416007513 GOV 74970 ANIMAL HLTH STUDIES OKLAHOMA STATE UNIVERSITY 1224 NORTH BOOMER ROAD STILLWATER OK 74075 731383996 GOV 49940 ANIMAL HLTH STUDIES MIDWESTERN UNIVERSITY 19555 N 59TH AVE GLENDALE AZ 85308 363377699 GOV 10800 ANIMAL HLTH STUDIES VALDOSTA STATE UNIVERSITY 1500 N PATTERSON ST VALDOSTA GA 31602 472115345 GOV 10800 ANIMAL HLTH STUDIES UNIVERSITY OF ILLINOIS URBANA-CHAMPAIGN 1008 W HAZELWOOD DR URBANA IL 61802 376000511 GOV 10800 ANIMAL HLTH STUDIES HARVARD UNIVERSITY 665 HUNTINGTON AVE BOSTON MA 02115 042103580 GOV 75000 ANIMAL HLTH STUDIES SMITHSONIAN ENVIRONMENTAL RESEARCH CENTER 647 CONTEES WHARF ROAD EDGEWATER MD 21037 530206027 3 73593 ANIMAL HLTH STUDIES GEORGETOWN UNIVERSITY 37TH AND O STREETS NW WASHINGTON DC 20057 530196603 GOV 74387 ANIMAL HLTH STUDIES UNIVERSITY OF MARY WASHINGTON 1301 COLLEGE AVE FREDERICKSBURG VA 22401 546001757 GOV 92038 ANIMAL HLTH STUDIES CINCINNATI ZOO & BOTANICAL GARDEN 3400 VINE ST CINCINNATI OH 45220 310537171 3 92389 ANIMAL HLTH STUDIES COLORADO STATE UNIVERSITY 1350 CENTER AVE FORT COLLINS CO 80521 846000545 GOV 312709 ANIMAL HLTH STUDIES INDIANA UNIVERSITY BLOOMINGTON 1025 E 7TH ST BLOOMINGTON IN 47405 356001673 GOV 10800 ANIMAL HLTH STUDIES THE MARINE MAMMAL CENTER 2000 BUNKER RD SAUSALITO CA 94965 510144434 3 10800 ANIMAL HLTH STUDIES UNIVERSITY OF TENNESSEE 2407 RIVER DR KNOXVILLE TN 37996 626001636 3 10433 ANIMAL HLTH STUDIES UNIVERSITY OF NOTRE DAME 137 GALVIN HALL NOTRE DAME IN 46556 350868188 GOV 119978 ANIMAL HLTH STUDIES UNIVERSITY OF PENNSYLVANIA 3800 SPRUCE ST PHILADELPHIA PA 19104 231352685 GOV 75000 ANIMAL HLTH STUDIES UNIVERSITY OF WISCONSIN MADISON 2015 LINDEN DR W MADISON WI 53706 396006492 GOV 69159 ANIMAL HLTH STUDIES WILLIAM & MARY UNIVERSITY 200 WAKE DRIVE WILLIAMSBURG VA 23188 546001718 GOV 19418 ANIMAL HLTH STUDIES REVIVE & RESTORE 1505 BRIDGEWAY 203 SAUSALITO CA 94965 814576399 3 132000 ANIMAL HLTH SERVICES 26 FELLOWSHIPS, SPONSORSHIPS 11 99146 SCHEDULE I, PAGE 1, PART I, LINE 2 DISTRIBUTIONS OF GRANT PAYMENTS ARE TYPICALLY MADE IN QUARTERLY DISTRIBUTIONS, SUBJECT TO PERFORMANCE OF THE PROJECT TO THE SATISFACTION OF THE FOUNDATION. GRANT PERFORMANCE IS ASSESSED BASED ON INDEPENDENT SCIENTIFIC REVIEW OF PROGRESS REPORTS THAT ARE REQUESTED TWICE ANNUALLY. ONE-HALF OF THE FINAL QUARTERLY PAYMENTS WILL BE WITHHELD BY THE FOUNDATION UNTIL RECEIPT OF A COMPLETE AND SATISFACTORY FINAL REPORT AND ACCOUNTING. X X X X X false false false false false false false false false TIFFANY GRUNERT PRESIDENT/CEO 236609 71400 19104 14633 341746 JANET PATTERSON-KANE CHIEF SCIENTIFIC OFF 198114 28818 14084 15724 256740 RYAN WELCH CHIEF DEVEL. OFF 187516 26666 13151 11135 238468 CAROL BORCHERT VP OF MARKETING 155054 24300 10821 11900 202075 GREGORY KNADDISON SR. DIRECTOR OF IS 138589 22200 10353 18223 189365 STACY VAN BUREN VP OF FINANCE & OPER 142695 14988 9536 11149 178368 RYAN MCVEIGH SR DATABASE DEVELOP 131916 11732 9004 19393 172045 KATHLEEN TIETJE VP OF SCIENTIFIC OPS 121853 11072 8359 19051 160335 X 19 1135291 SUBSEQUENT SELLING PRICE false true false FORM 990 - ORGANIZATION'S MISSION MORRIS ANIMAL FOUNDATION'S MISSION IS TO BRIDGE SCIENCE AND RESOURCES TO ADVANCE THE HEALTH OF ANIMALS. SINCE OUR FOUNDING IN 1948, MORE THAN 20,000 SPECIES HAVE BEEN HELPED THROUGH SCIENTIFIC STUDIES AND THE DEVELOPMENT OF NEW TREATMENTS, DIAGNOSTIC TOOLS AND VACCINES. FORM 990, PAGE 2, PART III, LINE 4B PROGRAM AWARENESS: MORRIS ANIMAL FOUNDATIONS MISSION IS TO BRIDGE SCIENCE AND RESOURCES TO ADVANCE THE HEALTH OF ANIMALS. RAISING AWARENESS ABOUT THE FOUNDATIONS PROGRAMS AND IMPACT IS A CRITICAL COMPONENT TO FULFILLING OUR MISSION. THE FOUNDATIONS WEBSITE PROVIDES A VALUABLE RESOURCE FOR SUPPORTERS, INCLUDING A BLOG THAT HIGHLIGHTS ORGANIZATIONAL AND STUDY SUCCESSES, CAMPAIGNS AND DONOR/PARTNER STORIES. THE WEBSITE ALSO IS USED TO PROMOTE RETENTION FOR THE ORGANIZATIONS GOLDEN RETRIEVER LIFETIME STUDY, THE LARGEST AND LONGEST STUDY EVER UNDERTAKEN IN THE UNITED STATES TO UNDERSTAND CANCER IN DOGS. THE FOUNDATIONS STOP CANCER FUREVER CAMPAIGN INCLUDES VIDEOS AND PODCASTS, AS WELL AS DOWNLOADABLE INFORMATION AND ARTICLES TO HELP PET OWNERS LEARN MORE ABOUT HOW PETS DEVELOP CANCER AND TO RAISE AWARENESS ABOUT CANCER IN PETS. THE ORGANIZATION ALSO PROVIDES ANIMAL HEALTH INFORMATION THROUGH AN EXTENSIVE DIRECT RESPONSE PROGRAM TO DONORS, WHICH INCLUDES DIRECT MAIL, A QUARTERLY PRINT NEWSLETTER, AN EMAIL NEWSLETTER PROGRAM AND EDUCATIONAL WEBINARS. FORM 990, PAGE 6, PART VI, LINE 2 CYNTHIA MORRIS DAVID MORRIS OFFICER OFFICER SIBLINGS FORM 990, PAGE 6, PART VI, LINE 11B A DRAFT OF THE IRS FORM 990 AND ALL SCHEDULES IS REVIEWED BY THE BOARD OF TRUSTEES, CEO AND COO AND OTHER OFFICERS BEFORE IT IS FILED WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C ALL MEMBERS OF THE BOARD OF TRUSTEES AND BOARD COMMITTEES ARE REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE. THE BOARD REVIEWS ALL FORMS AND FOR ANY THAT DECLARE A CONFLICT, THOSE MATTERS ARE BROUGHT BEFORE THE FULL BOARD. THE BOARD ALSO ENFORCES COMPLIANCE BY PROMOTING AWARENESS OF THE POLICY AT BOARD MEETINGS. FORM 990, PAGE 6, PART VI, LINE 15A THE COMPENSATION COMMITTEE IS RESPONSIBLE FOR REVIEWING THE PERFORMANCE OF THE PRESIDENT/CEO AND MAKING RECOMMENDATIONS AT LEAST ANNUALLY TO THE EXECUTIVE COMMITTEE AND THE BOARD OF TRUSTEES FOR HIS/HER COMPENSATION. THIS SHALL BE DONE IN ACCORDANCE WITH THE POLICY AND OTHER BEST PRACTICES IN THE JUDGMENT OF THE MEMBERS OF THE COMPENSATION COMMITTEE. FOR THE PURPOSES OF THIS POLICY, "COMPENSATION" REFERS TO THE COMBINATION OF SALARY AND BENEFITS AS DEFINED IN THE IRS FORM 990 PROCESS INSTRUCTIONS. FORM 990, PAGE 6, PART VI, LINE 15B THE COMPENSATION COMMITTEE SHALL ANNUALLY REVIEW ANY CHANGES IN THE COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES ACCORDING TO THE POLICY, IN ADDITION TO OTHER BEST PRACTICES IN THE JUDGEMENT OF THE MEMBERS OF THE COMPENSATION COMITTEE. FOR THE PURPOSES OF THIS POLICY, "COMPENSATION" REFERS TO THE COMBINATION OF SALARY AND BENEFITS AS DEFINED IN THE IRS FORM 990 PROCESS INSTRUCTIONS. THE CEO SETS THE OTHER OFFICERS' SALARIES WITH INPUT FROM THE BOARD AND USING COMPARATIVE DATA AND SET PAYGRADES. FORM 990, PAGE 6, PART VI, LINE 17 INDIANA, IOWA, KANSAS, KENTUCKY, LOUISIANA, MAINE, MARYLAND, MASSACHUSETTS, MICHIGAN, MINNESOTA, MISSISSIPPI, MISSOURI, MONTANA, NEBRASKA, NEVADA, NEW HAMPSHIRE, NEW JERSEY, NEW MEXICO, NEW YORK, NORTH CAROLINA, NORTH DAKOTA, OHIO, OREGON, PENNSYLVANIA, RHODE ISLAND, SOUTH CAROLINA, SOUTH DAKOTA, TENNESSEE, UTAH, VERMONT, VIRGINIA, WASHINGTON, WEST VIRGINIA, WISCONSIN, WYOMING FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING AND FINANCIAL DOCUMENTS ARE AVAILABLE UPON REQUEST AND ARE ALSO POSTED ON THE FOUNDATION'S WEBSITE. FORM 990, PART XI, LINE 9 GRANTS REFUNDED/DISCONTINUED 604,280 CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES -366,963 TOTAL 237,317 GRANTS AWARDED IN PRIOR YEARS THAT ARE REFUNDED OR DISCONTINUED ARE REPORTED AS A REDUCTION OF GRANT EXPENSE IN THE FINANCIAL STATEMENTS IN THE YEAR THE REFUND IS RECEIVED OR THE PROJECT IS DISCONTINUED. DURING FISCAL YEAR 2022, THE FOUNDATION DISCONTINUED PROJECTS WITH OUTSTANDING GRANT COMMITMENTS OF 531,444, AND RECEIVED GRANT REFUNDS OF 72,836. THESE AMOUNTS ARE NOT REFLECTED IN THE STATEMENT OF FUNCTIONAL EXPENSES FOR TAX PURPOSES. AS A RESULT, PROGRAM EXPENSES FOR TAX PURPOSES ARE GREATER THAN PROGRAM EXPENSES FOR FINANCIAL STATEMENT PURPOSES. FORM 990, PAGE 12, PART XII, LINE 2C THE FOUNDATION'S AUDIT COMMITTEE IS RESPONSIBLE FOR SELECTING THE INDEPENDENT AUDITOR AND MONITORING THE RESULTS OF THE ANNUAL AUDIT. THE AUDIT COMMITTEE MEETS WITH THE INDEPENDENT AUDITOR AT LEAST ANNUALLY TO REVIEW THE AUDIT PROCESS AND RESULTS. THERE HAS BEEN NO CHANGE TO THIS PROCESS IN THE CURRENT YEAR.