2023-05-08T12:21:34-05:00 2022-06-30 PRICEWATERHOUSECOOPERS LLP 300 MADISON AVENUE NEW YORK NY 10017 990 2021-07-01 980459408 WORLD ECONOMIC FORUM % JULIEN GATTONI WORL 0228691212 91-93 ROUTE DE LA CAPITE COLOGNY GENEVA SZ CH-1223 ALOIS ZWINGGI MANAGING DIRECTOR 0228691212 2023-05-08 true ALOIS ZWINGGI 999009999 MEREDITH MONROE P01441362 6464713000 2023-05-08 3 2021 2023-04-26 12:10:37Z JULIEN GATTONI 91-93 ROUTE DE LA CAPITE COLOGNY GENEVA SZ CH-1223 527543209 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. 31 30 271 30 0 43539056 51328911 261632617 299125767 3946223 12726025 4535243 7236039 313653139 370416742 0 0 0 0 159473467 147805289 0 0 0 116581043 167175593 276054510 314980882 37598629 55435860 741935649 768372322 315926304 341416253 426009345 426956069 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 false false true true false false false false false false false false true false false false false false false false false false false false false true true true true false false 28 0 271 true false true CH IN JA SZ false false false false false false X 31 30 true false false false false false false true true false false true true false true true false true true false CA X JULIEN GATTONI 0228691212 91-93 ROUTE DE LA CAPITE CH-1223 COLOGNY/GENEVA SZ KLAUS SCHWAB FOUNDER AND EXECUTIVE CHAIRMAN 40.0 0.0 X X 1006575 0 87517 BORGE BRENDE PRESIDENT OF MANAGING BOARD 40.0 0.0 X 959076 0 124076 DAVID AIKMAN CHIEF REP. 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OFFICER, JAPAN 40.0 0.0 X 442845 0 15343 STEPHAN RUIZ HEAD GROUP CONTROL,FINANCE,OPP 40.0 0.0 X 385916 0 71898 MEL ROGERS HEAD OF STRATEGIC AFFAIRS 40.0 0.0 X 362703 0 45691 RICHARD SAMANS FORMER MANAGING DIRECTOR 0.0 0.0 X 161538 0 0 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 MARK CARNEY BOARD MEMBER TIL 08/26/22 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 HERMAN GREF BOARD MEMBER TIL 03/03/22 1.25 0.0 X 0 0 0 ANGEL GURRIA BOARD MEMBER TIL 10/12/21 1.25 0.0 X 0 0 0 CHRISTINE LAGARDE BOARD MEMBER 1.25 0.0 X 0 0 0 PETER MAURER BOARD MEMBER TIL 08/26/22 1.25 0.0 X 0 0 0 MIN ZHU BOARD MEMBER 1.25 0.0 X 0 0 0 LUIS ALBERTO MORENO BOARD MEMBER TIL 08/26/22 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 1.25 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 AS OF 01/21/22 1.25 0.0 X 0 0 0 NGOZI OKONJO-IWEALA BOARD MEMBER AS OF 11/12/21 1.25 0.0 X 0 0 0 13486055 0 1604364 613 true true false AGUIRRE IBANEZ PABLO TENIENTE FUENTES SANTANDER 0 SP 39005 VIDEO SERVICES 327454 PETRA TANOS 11 BEAUMONT MEWS LONDON 0 UK W1G 6EF CONSULTING SERVICES 158669 MATT OLIVER 59 ALEX WOOD ROAD CAMBRIDGE 0 UK CB42EG CONSULTING SERVICES 227606 FELIPE CARAZO ORTIZ CASA 22-CALLE 152-SAN MIGUEL DE ESC SAN JOSE 0 CS 10201 CONSULTING SERVICES 159076 CARPENTER SPRUNGLI DANIELLE 59 ROUTE DE SOUS-MOULIN THONEX 0 SZ 1226 CONSULTING SERVICES 153902 10 26344353 24984558 51328911 MEMBERSHIPS 900099 11786897 11786897 PARTICIPATION FEES 900099 30042868 30042868 PARTNERSHIPS 900099 257296002 257296002 299125767 1305909 1305909 0 1490935 1490935 0 0 0 168546583 157126467 11420116 11420116 11420116 0 0 0 0 0 0 0 0 0 FOREIGN EXCHANGE 900099 3998251 3998251 OTHER MISCELLANEOUS INCOME 900099 579824 579824 CONFERENCE RELATED REVENUES 900099 1167029 1167029 5745104 370416742 300872620 18215211 0 0 0 0 13983428 0 106060320 10466201 15875595 1419745 2470485 916408 546097 0 0 0 45514545 0 6516986 15625478 0 18800163 13549361 0 44720338 0 0 13668115 477945 STAFF EXPENSES 4051249 OTHER EXPENSES 318423 314980882 347710987 203494650 8520268 8519817 0 0 32706692 36345480 0 0 0 0 0 0 0 0 8256321 18058516 187093491 66853976 123405118 120239515 208233000 371006200 0 0 0 0 9583227 7596381 3520036 3111763 741935649 768372322 51168711 69678118 0 0 156072354 154324989 0 0 0 0 0 0 103164300 99498250 0 0 5520939 17914896 315926304 341416253 X 426009345 426956069 0 0 426009345 426956069 741935649 768372322 X 55435860 -38486348 -16002788 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1244853 X EXHIBITION IN OUR PREMISES false 69314385 69314385 80267457 47885678 32381779 6044041 3665127 2378914 30222755 15303171 14919584 1244853 0 1244853 120239515 0 REFUND TO MEMBERS 16205976 DUE TO OTHERS 1708920 17914896 407462732 33008782 33008782 374453950 -4037208 -4037208 370416742 407462732 92481850 92481850 314980882 314980882 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 2D IN-KIND CONTRACTS 33,008,783 FORM 990, SCHEDULE D, PART XI, LINE 4B RECLASS REALIZED LOSS TO REVENUE -4,037,208 FORM 990, SCHEDULE D, PART XII, LINE 2D IN KIND CONTRACTS 33,008,782 STRATEGIC RESERVES ALLOCATION 16,949,512 UNREALIZED LOSSES 38,486,348 RECLASS REALIZED LOSS TO REVENUE 4,037,208 ____________ TOTAL 92,481,850 East Asia and the Pacific 3 57 Maintaining offices 10109762 Europe (Including Iceland and Greenland) 1 859 Maintaining offices 213622065 Central America and the Caribbean Program Services 175659 East Asia and the Pacific Program Services 1504536 Europe (Including Iceland and Greenland) Program Services 88483851 Middle East and North Africa Program Services 24431 Russia and the Newly Independent States Program Services 2647 South America Program Services 377652 South Asia Program Services 511207 Sub-Saharan Africa Program Services 219522 North America Program Services 289809 Europe (Including Iceland and Greenland) Investments 363380468 4 916 4 916 678701609 678701609 false false false false false false X X false true X X X X X true false false KLAUS SCHWAB FOUNDER AND EXECUTIVE CHAIRMAN 1006575 57475 30042 1094092 ADRIAN MONCK MANAGING DIRECTOR 654984 164 43485 94584 793217 ALOIS ZWINGGI MANAGING DIRECTOR 698643 155 43485 50934 793217 BORGE BRENDE PRESIDENT OF MANAGING BOARD 958912 164 58732 65344 1083152 JEREMY JURGENS MANAGING DIRECTOR 730364 150 44923 45131 820568 JULIEN GATTONI MANAGING DIRECTOR 705914 164 43485 43654 793217 LEE HOWELL MANAGING DIR. TIL 03/15/22 662133 44923 45131 752187 OLIVIER SCHWAB MANAGING DIRECTOR 724972 164 47576 47856 820568 SARITA NAYYAR MANAGING DIRECTOR 744245 498 29000 30564 804307 STEPHAN RUIZ HEAD GROUP CONTROL,FINANCE,OPP 383473 1000 1443 29000 42898 457814 DOMINIC WAUGHRAY MANAGING DIR. TIL 10/17/21 584793 37036 38635 660464 EMMA BENAMEUR HEAD OF IMPACT & ENGAGEMENT 410160 164 55487 31562 497373 MEL ROGERS HEAD OF STRATEGIC AFFAIRS 362703 23248 22443 408394 DAVID AIKMAN CHIEF REP. OFFICER TIL 8/15/21 374043 515864 54888 16570 961365 PAUL SMYKE HEAD OF REGIONAL AGENDA - NA 473485 1000 2714 29000 25689 531888 ROBERTO BOCCA HEAD FUTURE ENERGY & MATERIAL 397481 150 53525 31409 482565 MAKIKO EDA CHIEF REP. OFFICER, JAPAN 441206 1639 6499 8844 458188 SAADIA ZAHIDI MANAGING DIRECTOR 716992 43485 32740 793217 MATTHEW BLAKE HEAD SHAPING FUT. FIN. SYST. 413134 1000 500 29000 36326 479960 MARISOL ARGUETA DE BARILLAS HEAD REG. AGENDA, LATIN AM. 424161 1000 526 29000 42988 497675 MURAT SONMEZ FORMER MANAGING DIRECTOR 552685 375000 17768 945453 RICHARD SAMANS FORMER MANAGING DIRECTOR 161538 161538 FORM 990, SCHEDULE J, PART I, LINE 1A IN EXCEPTIONAL SITUATIONS, THE CHAIRMAN, ACCOMPANIED BY HIS SPOUSE, MAY BE PROVIDED WITH PRIVATE AIR TRAVEL. AS A PUBLIC FIGURE, THESE OCCASIONS ARE INTENDED TO MEET SECURITY OR OPERATIONAL EFFICIENCY REQUIREMENTS. FORM 990, SCHEDULE J, PART 1, LINE 4A UPON THEIR DEPARTURE FROM THE ORGANIZATION DURING CALENDAR YEAR 2021, RICHARD SAMANS RECEIVED A SEVERANCE PAYMENT OF $161,538, MURAT SONMEZ RECEIVED A SEVERANCE PAYMENT OF $375,000, AND DAVID AIKMAN RECEIVED A SEVERANCE PAYMENT OF $493,826. 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 (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, 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 2022. OTHER CHANGES IN NET ASSETS - PART XI, LINE 9 FX DIFFERENCE BETWEEN BOY AND EOY BALANCE SHEET -16,002,788 ______________ TOTAL -16,002,788 FORM 990 PART IX LINE 11G DESCRIPTION:CONSULTING FEES TOTAL FEES:27426504 FORM 990 PART IX LINE 11G DESCRIPTION:EXTERNAL STAFF CHARGES TOTAL FEES:18088041 World Economic Forum USA LLC 350 MADISON AVE 11TH FLOOR NEW YORK NY 10017 203908371 MEMBERSHIPS DE 59852704 52852004 WEF World Economic Forum Japan 12-32 Akasaka 1-Chome MinatoKu JA 107-60 Memberships JA 1600924 239515 WEF SCHWAB FOUNDATION 91-93 route de la Capite Cologny Geneva SZ 1223 Grants SZ 77479 9402739 WEF YOUNG GLOBAL LEADERS FOUNDATION 91-93 route de la Capite Cologny Geneva SZ 1223 Grants SZ 461300 4752130 WEF GLOBAL SHAPERS FOUNDATION 91-93 route de la Capite Cologny Geneva SZ 1223 Grants SZ 11735 1214898 WEF WORLD ARTS FORUM FOUNDATION 91-93 route de la Capite Cologny Geneva SZ 1223 Grants SZ 4176 108501 WEF