2025-05-08T12:23:54-05:00 2024-06-30 PWC US TAX LLP 300 MADISON AVENUE NEW YORK NY 10017 990 2023-07-01 980459408 WORLD ECONOMIC FORUM % ALOIS ZWINGGI WORL 0228691212 91-93 ROUTE DE LA CAPITE COLOGNY GENEVA SZ CH-1223 ALOIS ZWINGGI MANAGING DIRECTOR 0228691212 2025-05-01 true true MEREDITH MONROE P01441362 6464713000 2025-04-25 2023 2025-03-06 01:10:19Z ALOIS ZWINGGI 91-93 ROUTE DE LA CAPITE COLOGNY GENEVA SZ CH-1223 599137519 false X www.weforum.org X 1971 SZ THE WORLD ECONOMIC FORUM, COMMITTED TO IMPROVING THE STATE OF THE WORLD, IS THE INTERNATIONAL ORGANIZATION FOR PUBLIC-PRIVATE COOPERATION. 29 28 305 28 0 56236375 56254947 331396279 346034181 8824007 17064147 5099929 23139527 401556590 442492802 0 0 0 0 175766928 193900013 0 0 0 206210369 244483302 381977297 438383315 19579293 4109487 837061937 860867519 371370824 392440463 465691113 468427056 X SEE SCHEDULE O false false MEETINGS THE FORUM HOSTS A VARIETY OF MEETINGS ON AN ANNUAL BASIS INCLUDING THE ANNUAL MEETING IN DAVOS, AN ANNUAL MEETING OF NEW CHAMPIONS IN CHINA, AND MULTIPLE REGIONAL MEETINGS AROUND THE WORLD. THE FORUM'S ANNUAL MEETING IN DAVOS IS AN INTERNATIONALLY RECOGNIZED EVENT THAT BRINGS TOGETHER MANY OF THE WORLD'S TOP BUSINESS LEADERS - INCLUDING THE CEO'S OF ITS 1,000 MEMBER COMPANIES - AS WELL AS POLITICAL LEADERS, RELIGIOUS LEADERS, NGO REPRESENTATIVES, INTELLECTUALS, AND JOURNALISTS. IN ADDITION, THE FORUM HOSTS ANNUAL AND REGIONAL MEETINGS AND ORGANIZES OTHER MEETINGS ON VARIOUS BUSINESS-RELATED TOPICS. BUSINESS NETWORKS AND INITIATIVES THE FORUM HAS DEVELOPED A NUMBER OF PARTNERSHIP NETWORKS THAT ARE DESIGNED TO LINK BUSINESSES BASED ON DIFFERENT CHARACTERISTICS, SUCH AS REGION OR INDUSTRY. ADDITIONALLY, THE FORUM SPONSORS INITIATIVES THAT ENCOURAGE PUBLIC-PRIVATE PARTNERSHIPS TO TACKLE GLOBAL ISSUES. REPORTS THE FORUM CONDUCTS RESEARCH AND ISSUES SUBSTANTIVE REPORTS AND WHITEPAPERS THAT FOCUS ON THE INTERSECTIONS BETWEEN GEOPOLITICS, ECONOMICS, TECHNOLOGY, AND SOCIETY. THE RESEARCH ACTIVITIES HAVE INCLUDED ECONOMIC COMPETITIVENESS, GLOBAL RISKS, GENDER PARITY, AND SECURITY, EMPHASIZING BENCHMARKING STRATEGIC FORESIGHT, AND SHARING BEST PRACTICES. false true false false false false true false false true false false false true false true true false true true false false false false false false false false true false false false false false true true false false false false false true false false false true 39 0 305 true false true CH IN SZ JA false false false false true false X 29 28 true false false false false false false true true false false true true false true true false true true false CA X ALOIS ZWINGGI 0228691212 91-93 ROUTE DE LA CAPITE CH-1223 COLOGNY/GENEVA SZ BORGE BRENDE PRESIDENT OF MANAGING BOARD 40.0 0.0 X 1667668 0 271040 SARITA NAYYAR FORMER MANAGING DIRECTOR 0.0 0.0 X 1493234 0 65602 KLAUS SCHWAB FOUNDER AND EXECUTIVE CHAIRMAN 40.0 0.0 X X 1112347 0 88427 JEREMY JURGENS MANAGING DIRECTOR 40.0 0.0 X 1001112 0 194412 ADRIAN MONCK FORMER MANAGING DIRECTOR 0.0 0.0 X 834260 0 193923 ALOIS ZWINGGI MANAGING DIRECTOR 40.0 0.0 X 834260 0 180106 OLIVIER SCHWAB MANAGING DIRECTOR 40.0 0.0 X 834260 0 174388 GIM HUAY NEO MANAGING DIRECTOR 40.0 0.0 X 834260 0 165440 SAADIA ZAHIDI MANAGING DIRECTOR 40.0 0.0 X 834260 0 141773 JULIEN GATTONI MANAGING DIRECTOR 40.0 0.0 X 778643 0 166156 MIREK DUSEK MANAGING DIRECTOR 40.0 0.0 X 782536 0 133810 EMMA BENAMEUR Head of Impact & Engagement 40.0 0.0 X 759784 0 69053 ROBERTO BOCCA HEAD FUTURE ENERGY & MATERIAL 40.0 0.0 X 564349 0 126081 SHYAM BISHEN HEAD HEALTH & HEALTHCARE 40.0 0.0 X 542437 0 120678 NICOLA CHRISTINE PORT CHIEF LEGAL OFFICER 40.0 0.0 X 534512 0 109199 MATTHEW BLAKE HEAD OF CENTRE FIN & MON SYSTM 40.0 0.0 X 530238 0 73925 MEL ROGERS HEAD OF STRATEGIC AFFAIRS 40.0 0.0 X 455976 0 94142 LIMING CHEN CHIEF REP. OFFICER 40.0 0.0 X 526034 0 0 STEPHAN RUIZ HEAD GROUP CONTROL,FINANCE,OPP 40.0 0.0 X 439179 0 81359 MAKIKO EDA CHIEF REP. OFFICER, JAPAN 40.0 0.0 X 330766 0 11032 MUKESH D AMBANI BOARD MEMBER 1.25 0.0 X 0 0 0 MARC R BENIOFF BOARD MEMBER 1.25 0.0 X 0 0 0 PETER BRABECK-LETMATHE VICE-CHAIRMAN 1.25 0.0 X 0 0 0 ORIT GADIESH BOARD MEMBER 1.25 0.0 X 0 0 0 AL GORE BOARD MEMBER 1.25 0.0 X 0 0 0 CHRISTINE LAGARDE BOARD MEMBER 1.25 0.0 X 0 0 0 MIN ZHU BOARD MEMBER 1.25 0.0 X 0 0 0 HM QUEEN RANIA AL ABDULLAH BOARD MEMBER 1.25 0.0 X 0 0 0 JIM HAGEMANN SNABE BOARD MEMBER 1.25 0.0 X 0 0 0 HEIZO TAKENAKA BOARD MEMBER 1.25 0.0 X 0 0 0 YO-YO MA BOARD MEMBER 1.25 0.0 X 0 0 0 L RAFAEL REIF BOARD MEMBER TIL 04/25/23 0.0 0.0 X 0 0 0 ANDRE S HOFFMANN BOARD MEMBER 1.25 0.0 X 0 0 0 DAVID RUBENSTEIN BOARD MEMBER 1.25 0.0 X 0 0 0 CHRYSTIA FREELAND BOARD MEMBER 1.25 0.0 X 0 0 0 FABIOLA GIANOTTI BOARD MEMBER 1.25 0.0 X 0 0 0 FEIKE SYBESMA BOARD MEMBER 1.25 0.0 X 0 0 0 KRISTALINA GEORGIEVA BOARD MEMBER 1.25 0.0 X 0 0 0 LAURENCE FINK BOARD MEMBER 1.25 0.0 X 0 0 0 MARK SCHNEIDER BOARD MEMBER 1.25 0.0 X 0 0 0 PATRICE MOTSEPE BOARD MEMBER 1.25 0.0 X 0 0 0 THARMAN SHANMUGARATNAM BOARD MEMBER 1.25 0.0 X 0 0 0 JULIE SWEET BOARD MEMBER 1.25 0.0 X 0 0 0 PAULA INGABIRE BOARD MEMBER 1.25 0.0 X 0 0 0 THOMAS BUBERL BOARD MEMBER 1.25 0.0 X 0 0 0 JOE KAESER BOARD MEMBER 1.25 0.0 X 0 0 0 LUBNA S OLAYAN BOARD MEMBER 1.25 0.0 X 0 0 0 AJAY S BANGA BOARD MEMBER as of 10/06/23 1.25 0.0 X 0 0 0 NGOZI OKONJO-IWEALA BOARD MEMBER 1.25 0.0 X 0 0 0 15690115 0 2460546 744 true true false PENA KARINA VAN DER BURGHWEG 1 2628 DELFT 0 NL CONSULTING SERVICES 244741 GREGOIRE de HEMPTINNE RUE DES LAINE 1000 BRUSSELS 0 BE CONSULTING SERVICES 211367 JUAN CARLOS ESCOBAR TORRE CASABLANCA 11B 2500 COCHABAMBA 0 BL CONSULTING SERVICES 211367 PETRA TANOS 11 BEAUMONT MEWS LONDON W1G 6EF UK CONSULTING SERVICES 210522 BORBOR GHAGJAR NASRINE AVENUE DE LA PRAILLE 26 1227 CAROUGE 0 SZ LEGAL ADVISOR 165122 16 26546035 29708912 56254947 MEMBERSHIPS 900099 14868321 14868321 PARTICIPATION FEES 900099 43438213 43438213 PARTNERSHIPS 900099 287727647 287727647 346034181 7792405 7792405 0 84092 84092 0 0 0 165916459 156644717 9271742 9271742 9271742 0 0 0 0 0 0 0 0 0 FOREIGN EXCHANGE 900099 5201300 5201300 REVERSAL OF PROVISION 900099 5860251 5860251 CONFERENCE RELATED REVENUES 900099 11052573 11052573 941311 941311 23055435 442492802 363888316 22349539 0 0 0 0 16065791 418717 141730052 12973433 21074246 1637774 191317 6813690 615201 0 0 0 44443664 0 15625313 24561867 0 17623297 30326868 0 56105900 0 0 40213379 498503 OTHER STAFF EXPENSES 7386873 OTHER EXPENSES 77430 438383315 210477010 163052801 11609783 11505839 0 0 52149007 61961232 0 0 0 0 0 0 0 0 15936097 14204879 201303727 83653039 123326042 117650688 397504361 478674764 1849455 2089718 0 0 17682906 1 6527276 11727597 837061937 860867519 78513814 89719934 0 0 170846496 179180034 0 0 0 0 0 0 105768250 105683700 0 0 16242264 17856795 371370824 392440463 X 465691113 468427056 0 0 465691113 468427056 837061937 860867519 X 4109487 -1010092 -363452 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1421743 X EXHIBITION IN OUR PREMISES false 73623412 73623412 96119747 55971846 40147901 6040358 4593692 1446666 24098467 23087501 1010966 1421743 0 1421743 117650688 0 REFUND TO MEMBERS 14294380 DUE TO OTHERS 3562415 17856795 489727214 44808132 44808132 444919082 -2426280 -2426280 442492802 489727214 44808132 6535767 51343899 438383315 438383315 FORM 990, SCHEDULE D, PART III, LINE 4 Paintings and sculptures exhibited in our professional premises and without any commercial and / or financial purpose. FORM 990, SCHEDULE D, PART XI, LINE 4B Reclass realized loss to revenue -2,426,280 FORM 990, SCHEDULE D, PART XII, LINE 2D STRATEGIC RESERVES ALLOCATION 3,099,396 UNREALIZED LOSSES 1,010,092 RECLASS REALIZED LOSS TO REVENUE 2,426,280 ____________ TOTAL 6,535,767 East Asia and the Pacific 3 63 Maintaining offices 7948872 East Asia and the Pacific Program Services Meeting Report Network 3845379 Russia and the Newly Independent States Program Services Meeting Report Network 8991 Europe (Including Iceland and Greenland) 1 1139 Maintaining offices 265459825 Central America and the Caribbean Program Services Meeting Report Network 148798 Middle East and North Africa Program Services Meeting Report Network 510238 North America Program Services Meeting Report Network 460542 South America Program Services Meeting Report Network 1783668 South Asia Program Services Meeting Report Network 1188344 Sub-Saharan Africa Program Services Meeting Report Network 1375363 Europe (Including Iceland and Greenland) Investments 466676767 Europe (Including Iceland and Greenland) Program Services Meeting Report Network 108283388 4 1202 4 1202 857690175 857690175 false false false false false false X X false true X X X X true false false KLAUS SCHWAB FOUNDER AND EXECUTIVE CHAIRMAN 1112347 88427 1200774 ADRIAN MONCK FORMER MANAGING DIRECTOR 833500 760 116120 77803 1028183 ALOIS ZWINGGI MANAGING DIRECTOR 834260 107332 72774 1014366 BORGE BRENDE PRESIDENT OF MANAGING BOARD 1667668 137353 133687 1938708 JEREMY JURGENS MANAGING DIRECTOR 1001112 109789 84623 1195524 JULIEN GATTONI MANAGING DIRECTOR 778643 92742 73414 944799 OLIVIER SCHWAB MANAGING DIRECTOR 834260 97709 76679 1008648 STEPHAN RUIZ HEAD GROUP CONTROL,FINANCE,OPP 437278 1901 33000 48359 520538 EMMA BENAMEUR Head of Impact & Engagement 340378 419406 40462 28591 828837 MEL ROGERS HEAD OF STRATEGIC AFFAIRS 448091 7885 50455 43687 550118 ROBERTO BOCCA HEAD FUTURE ENERGY & MATERIAL 560345 4004 73055 53026 690430 MAKIKO EDA CHIEF REP. OFFICER, JAPAN 328207 2559 6376 4656 341798 SAADIA ZAHIDI MANAGING DIRECTOR 834260 68999 72774 976033 MATTHEW BLAKE HEAD OF CENTRE FIN & MON SYSTM 527655 2583 33000 40925 604163 NICOLA CHRISTINE PORT CHIEF LEGAL OFFICER 524379 10133 58744 50455 643711 GIM HUAY NEO MANAGING DIRECTOR 834260 92666 72774 999700 MIREK DUSEK MANAGING DIRECTOR 782536 64709 69101 916346 SHYAM BISHEN HEAD HEALTH & HEALTHCARE 530311 12126 69539 51139 663115 SARITA NAYYAR FORMER MANAGING DIRECTOR 323234 1170000 32582 33020 1558836 LIMING CHEN CHIEF REP. OFFICER 526034 526034 FORM 990, SCHEDULE J, PART I, LINE 1A IN EXCEPTIONAL SITUATIONS, THE CHAIRMAN, ACCOMPANIED BY HIS SPOUSE, MAY BE PROVIDED WITH FIRST-CLASS TRAVEL. AS A PUBLIC FIGURE, THESE OCCASIONS ARE INTENDED TO MEET SECURITY OR OPERATIONAL EFFICIENCY REQUIREMENTS. THIS BENEFIT IS NOT TREATED AS TAXABLE COMPENSATION. FORM 990, SCHEDULE J, PART I, LINE 1B PER SECTION 3.3 OF THE ORGANIZATION'S TRAVEL AND EXPENSE POLICY, FIRST-CLASS TRAVEL IS ALLOWED FOR THE CHAIRMAN AND THE PRESIDENT OF THE WORLD ECONOMIC FORUM ACCORDING TO THEIR BUSINESS NEEDS. FORM 990, SCHEDULE J, PART I, LINE 4A UPON THEIR DEPARTURE FROM THE ORGANIZATION DURING CALENDAR YEAR 2023, EMMA BENAMEUR RECEIVED A SEVERANCE PAYMENT OF $353,506, AND SARITA NAYYAR RECEIVED A SEVERANCE PAYMENT OF $1,170,000. NICOLE SCHWAB FAMILY MEMBER OF FOUNDER AND EXECUTIVE CHAIRMAN, AND MANAGING DIRECTOR 418717 EMPLOYMENT false PETER MAURER FORMER BOARD MEMBER 133495 CONSULTING SERVICES false MISSION STATEMENT - FORM 990, PART III, LINE 1 THE WORLD ECONOMIC FORUM, COMMITTED TO IMPROVING THE STATE OF THE WORLD, IS THE INTERNATIONAL ORGANIZATION FOR PUBLIC-PRIVATE COOPERATION. THE FORUM ENGAGES THE FOREMOST POLITICAL, BUSINESS AND OTHER LEADERS OF SOCIETY TO SHAPE GLOBAL, REGIONAL AND INDUSTRY AGENDAS. IT WAS ESTABLISHED IN 1971 AS A NOT-FOR-PROFIT FOUNDATION AND IS HEADQUARTERED IN GENEVA, SWITZERLAND. IT IS INDEPENDENT, IMPARTIAL AND NOT TIED TO ANY SPECIAL INTERESTS. THE FORUM STRIVES IN ALL ITS EFFORTS TO DEMONSTRATE ENTREPRENEURSHIP IN THE GLOBAL PUBLIC INTEREST WHILE UPHOLDING THE HIGHEST STANDARDS OF GOVERNANCE. MORAL AND INTELLECTUAL INTEGRITY IS AT THE HEART OF EVERYTHING IT DOES. OUR ACTIVITIES ARE SHAPED BY A UNIQUE INSTITUTIONAL CULTURE FOUNDED ON THE STAKEHOLDER THEORY, WHICH ASSERTS THAT AN ORGANIZATION IS ACCOUNTABLE TO ALL PARTS OF SOCIETY. THE INSTITUTION CAREFULLY BLENDS AND BALANCES THE BEST OF MANY KINDS OF ORGANIZATIONS, FROM BOTH THE PUBLIC AND PRIVATE SECTORS, INTERNATIONAL ORGANIZATIONS AND ACADEMIC INSTITUTIONS. RECOGNIZING THAT THE MAJOR GLOBAL CHALLENGES REQUIRE INTERNATIONAL AND INTERDISCIPLINARY COLLABORATION AMONG ALL STAKEHOLDERS OF GLOBAL SOCIETY, THE FORUM INTEGRATES LEADERS FROM BUSINESS, GOVERNMENTS, ACADEMIA AND SOCIETY AT LARGE INTO A GLOBAL COMMUNITY COMMITTED TO IMPROVING THE STATE OF THE WORLD. THE FORUM THUS SERVES THE WORLD'S PREEMINENT LEADERS AS AN INDEPENDENT AND IMPARTIAL PARTNER AND AS A COMPREHENSIVE AND INTEGRATED PLATFORM FOR PUBLIC-PRIVATE COOPERATION. TO ACHIEVE ITS MISSION, THE FORUM ACTS AS A CATALYST FOR THOUGHT LEADERSHIP AND ACTION MAINLY IN THE FORM OF PUBLIC-PRIVATE COOPERATION. FOR THIS PURPOSE, THE FORUM IDENTIFIES ISSUES ON THE GLOBAL, REGIONAL AND INDUSTRY AGENDAS, SEEKS SOLUTIONS AND, WHEREVER POSSIBLE, CREATES PARTNERSHIPS FOR ACTION. THE FORUM ALWAYS ACTS IN THE SPIRIT OF ENTREPRENEURSHIP IN THE GLOBAL PUBLIC INTEREST, COMBINING THE FORCES OF CREATIVE THINKING, INNOVATIVE INITIATIVES AND INTELLECTUAL INTEGRITY WITH THE WILL TO ADVANCE PEACE AND PROSPERITY IN THE WORLD. IN ITS ACTIVITIES, THE FORUM FULLY RESPECTS THE ESSENTIAL ROLE PLAYED BY GOVERNMENTS AND INTERNATIONAL ORGANIZATIONS, IN PARTICULAR BY THE UNITED NATIONS, AS WELL AS BY THEIR VARIOUS AFFILIATED INSTITUTIONS. FAMILY RELATIONSHIP - FORM 990, PART VI, SECTION A, LINE 2 PROF. KLAUS SCHWAB (NON EXECUTIVE CHAIRMAN) AND OLIVIER SCHWAB (MANAGING DIRECTOR) HAVE A FAMILY RELATIONSHIP. FORM 990 REVIEW PROCESS- FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON THE INFORMATION PROVIDED BY THE ORGANIZATION'S HEAD OF FINANCE UNDER THE RESPONSIBILITY OF THE CHIEF FINANCIAL OFFICER. IT IS THEN REVIEWED AND APPROVED BY THE CHIEF FINANCIAL OFFICER, AND THEN CIRCULATED TO THE MANAGING BOARD FOR COMMENT BEFORE FILING. CONFLICT OF INTEREST POLICY-FORM 990, PART VI,SECTION B,LINE 12A AN ONLINE TRAINING HAS BEEN DEVELOPED AND ASSIGNED TO ALL EMPLOYEES. THE TRAINING IS ON THE CODE OF CONDUCT INTEGRATING THE CONFLICT OF INTEREST TOPIC. CONFLICT OF INTEREST POLICY EMPLOYEES HAVE AN OBLIGATION TO CONDUCT BUSINESS WITHIN GUIDELINES THAT PROHIBIT CONFLICTS OF INTERESTS. A CONFLICT OF INTEREST ARISES WHEN YOUR PERSONAL INTERESTS OR THOSE OF YOUR SPOUSE, CLOSE RELATIVES, PERSONAL RELATIONSHIPS, FRIENDS OR THIRD PARTIES INTERFERE, OR COULD BE PERCEIVED AS INTERFERING, WITH YOUR PROFESSIONAL JUDGMENT, OBJECTIVITY, INDEPENDENCE OR LOYALTY TO THE FORUM. THIS POLICY ESTABLISHES ONLY THE FRAMEWORK WITHIN WHICH THE FORUM WISHES BUSINESS TO OPERATE. FORUM STAFF ARE EXPECTED TO INFORM THE CHIEF HUMAN RESOURCES OFFICER AND/OR THE HEAD OF THE LEGAL DEPARTMENT AS SOON AS IT IS CLEAR THAT A POTENTIAL CONFLICT OF INTEREST WILL ARISE, SO THAT SAFEGUARDS CAN BE ESTABLISHED TO PROTECT ALL PARTIES. PERSONAL GAIN MAY RESULT NOT ONLY IN CASES WHERE AN EMPLOYEE OR RELATIVE HAS A SIGNIFICANT OWNERSHIP IN A FIRM WITH WHICH THE FORUM DOES BUSINESS, BUT ALSO WHEN AN EMPLOYEE OR RELATIVE RECEIVE SUBSTANTIAL GIFT OR SPECIAL CONSIDERATION AS A RESULT OF ANY TRANSACTION OR BUSINESS DEALINGS INVOLVING THE FORUM. WORKING OUTSIDE THE FORUM AND DIRECTORSHIP OUTSIDE THE FORUM ARE SUBJECT TO THE FORUM'S CONFLICT OF INTEREST POLICIES. FORUM STAFF MAY GAIN ACCESS TO CONFIDENTIAL, INSIDER OR NON-PUBLIC INFORMATION REGARDING THE FORUM, THE FORUM MEMBERS, THE FORUM'S CONTRACTORS OR OTHER THIRD PARTIES. SUCH INFORMATION MAY NOT BE DISCLOSED FOR ANY PURPOSE OTHER THAN THAT OF THE FORUM. ALL DISCLOSURES REQUIRED BY THIS POLICY ARE TO BE DECLARED IN WRITING TO THE CHIEF HUMAN RESOURCES OFFICER AND/OR THE HEAD OF THE LEGAL DEPARTMENT AS SOON AS IS REASONABLY POSSIBLE ONCE AN ACTIVITY OUTSIDE THE FORUM IS UNDERTAKEN. CONFLICT OF INTEREST POLICY-FORM 990,PART VI,SECTION B,LINE 12B&C THE FORUM HAS A CONFLICT OF INTEREST POLICY TO REQUIRE MANAGING BOARD MEMBERS AND OFFICERS EMPLOYED BY THE FORUM TO DISCLOSE ANY CONFLICTS OF INTEREST WHEN THEY ARISE. ANY POTENTIAL CONFLICTS OF INTEREST ARE REQUIRED TO BE RAISED TO THE CHIEF HUMAN RESOURCES OFFICER AND/OR THE HEAD OF THE LEGAL DEPARTMENT. THE FORUM IS CURRENTLY WORKING ON A PROJECT TO CENTRALIZE DECLARATIONS OF CONFLICT OF INTEREST AND A PROCESS TO RENEW THE DECLARATIONS ANNUALLY. DOCUMENT RETENTION POLICY - FORM 990, PART VI, SECTION B, LINE 14 THE WORLD ECONOMIC FORUM DOES NOT HAVE A POLICY FOR RETENTION AND DESTRUCTION OF WRITTEN DOCUMENTS. HOWEVER, THEIR DISREGARDED ENTITY THE WORLD ECONOMIC FORUM USA LLC DOES HAVE A POLICY FOR RETENTION AND DESTRUCTION OF WRITTEN DOCUMENTS AND THERE IS A PLAN IN THE FUTURE TO IMPLEMENT A POLICY FOR RETENTION AND DESTRUCTION OF WRITTEN DOCUMENTS. COMPENSATION REVIEW PROCESS-FORM 990, PART VI, SECTION B, LINE 15 THE CHAIRMAN'S SALARY IS INITIALLY SET BASED ON A SURVEY OF COMPARABLE POSITIONS AND IN CONSULTATION WITH INDEPENDENT OUTSIDE EXPERTS INCLUDING AN EXECUTIVE SEARCH FIRM. IT IS THEN RATIFIED BY THE BOARD OF DIRECTORS AND HAS NOT BEEN CHANGED SINCE RATIFICATION. THE CHAIRMAN RECUSES HIMSELF DURING BOARD DISCUSSIONS RELATING TO HIS COMPENSATION. THE CHAIRMAN DOES NOT RECEIVE ANY PERFORMANCE RELATED BONUS OR SIMILAR FORM OF COMPENSATION. FOR THE OTHER OFFICERS AND KEY EMPLOYEES, THE COMPENSATION PROCESS IS LED BY THE CHAIRMAN.INITIALLY SALARY LEVELS ARE SET BASED ON A SURVEY OF COMPARABLE POSITIONS AND IN CONSULTATION WITH INDEPENDENT OUTSIDE EXPERTS INCLUDING AN EXECUTIVE SEARCH FIRM. PERFORMANCE IS ASSESSED ON AN ANNUAL BASIS THROUGH AN ORGANIZATION-WIDE FORMAL REVIEW PROCESS. GOVERNING DOCUMENTS- FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS RELATED TO GOVERNANCE DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS HAVE BEEN MADE AVAILABLE TO THE PUBLIC DURING FISCAL YEAR 2024. OTHER CHANGES IN NET ASSETS - PART XI, LINE 9 FX DIFFERENCE BETWEEN BOY AND EOY BALANCE SHEET $363,452 ______________ TOTAL $363,452 World Economic Forum USA LLC 350 MADISON AVE 11TH FLOOR NEW YORK NY 10017 203908371 MEMBERSHIPS DE 71039216 25452475 WEF World Economic Forum Japan 12-32 Akasaka 1-Chome MinatoKu JA 107-60 Memberships JA 1835620 392419 WEF SCHWAB FOUNDATION 91-93 route de la Capite Cologny Geneva SZ 1223 Grants SZ 1244340 12279172 WEF YOUNG GLOBAL LEADERS FOUNDATION 91-93 route de la Capite Cologny Geneva SZ 1223 Grants SZ 61052 5140700 WEF GLOBAL SHAPERS FOUNDATION 91-93 route de la Capite Cologny Geneva SZ 1223 Grants SZ 19361 1291687 WEF WORLD ARTS FORUM FOUNDATION 91-93 route de la Capite Cologny Geneva SZ 1223 Grants SZ 10174 117870 WEF