2022-05-03T13:00:45-05:00 2021-06-30 PRICEWATERHOUSECOOPERS LLP 300 MADISON AVENUE NEW YORK NY 10017 990 2020-07-01 980459408 WORLD ECONOMIC FORUM % JULIEN GATTONI WORL 0228691212 91-93 ROUTE DE LA CAPITE COLOGNY GENEVA SZ CH-1223 JULIEN GATTONI MANAGING DIRECTOR 0228691212 2022-04-29 true JULIEN GATTONI 999009999 LAURA J PARELLO P01080295 6464713000 2022-05-03 2 2020 2022-09-23 18:48:47Z JULIEN GATTONI 91-93 ROUTE DE LA CAPITE COLOGNY GENEVA SZ CH-1223 334146444 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. 30 29 275 29 0 30800117 43539056 305834725 261632617 12134084 3946223 11870488 4535243 360639414 313653139 0 0 0 0 156518377 159473467 0 0 0 179957550 116581043 336475927 276054510 24163487 37598629 691686183 741935649 312238649 315926304 379447534 426009345 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 45 0 275 true false true CH IN JA SZ false false false false false false X 30 29 true false false false false false false true true false false true true false true true false true true false X JULIEN GATTONI 0228691212 91-93 ROUTE DE LA CAPITE CH-1223 COLOGNY/GENEVA SZ BORGE BRENDE PRESIDENT OF MANAGING BOARD 40.0 0.0 X 1054313 0 134142 KLAUS SCHWAB FOUNDER AND EXECUTIVE CHAIRMAN 40.0 0.0 X X 1171459 0 7088 LEE HOWELL MANAGING DIRECTOR 40.0 0.0 X 798722 0 102935 OLIVIER SCHWAB MANAGING DIRECTOR 40.0 0.0 X 798722 0 100922 JEREMY JURGENS MANAGING DIRECTOR 40.0 0.0 X 798722 0 94948 DOMINIC WAUGHRAY MANAGING DIRECTOR 40.0 0.0 X 759319 0 90692 ALOIS ZWINGGI MANAGING DIRECTOR 40.0 0.0 X 746006 0 102874 ADRIAN MONCK MANAGING DIRECTOR 40.0 0.0 X 745474 0 102882 MURAT SONMEZ MANAGING DIR. - Until 03/01/21 40.0 0.0 X 752459 0 68293 SARITA NAYYAR MANAGING DIRECTOR 40.0 0.0 X 734402 0 69553 JULIEN GATTONI MANAGING DIRECTOR 40.0 0.0 X 710330 0 85402 RICHARD SAMANS MANAGING DIR. - Until 08/31/20 40.0 0.0 X 709598 0 55474 SAADIA ZAHIDI MANAGING DIRECTOR 40.0 0.0 X 697551 0 64788 DAVID AIKMAN CHIEF REPRESENTATIVE OFFICER 40.0 0.0 X 637593 0 61444 ANIL MENON MANAGING DIR. - UNTIL 11/27/20 40.0 0.0 X 575079 0 63756 EMMA BENAMEUR Head of Impact & Engagement 40.0 0.0 X 525239 0 64828 PAUL SMYKE HEAD OF REGIONAL AGENDA - NA 40.0 0.0 X 473494 0 53401 ARNAUD BERNAERT HEAD HEALTH - UNTIL 05/31/21 40.0 0.0 X 452111 0 55184 ROBERTO BOCCA HEAD FUTURE ENERGY & MATERIAL 40.0 0.0 X 441385 0 54281 MALTE GODBERSEN HEAD OF TECHNOLOGY AND DIGITAL 40.0 0.0 X 429302 0 61559 MAKIKO EDA CHIEF REP. OFFICER, JAPAN 40.0 0.0 X 441646 0 6453 STEPHAN RUIZ HEAD GROUP CONTROL,FINANCE,OPP 40.0 0.0 X 374974 0 70050 MEL ROGERS HEAD OF STRATEGIC AFFAIRS 40.0 0.0 X 395063 0 37741 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 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 1.25 0.0 X 0 0 0 ANGEL GURRIA BOARD MEMBER 1.25 0.0 X 0 0 0 CHRISTINE LAGARDE BOARD MEMBER 1.25 0.0 X 0 0 0 JACK MA BOARD MEMBER - UNTIL 03/29/21 1.25 0.0 X 0 0 0 PETER MAURER BOARD MEMBER 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 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 URSULA VON DER LEYEN BOARD MEMBER 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 - From 01/29/21 1.25 0.0 X 0 0 0 PAULA INGABIRE BOARD MEMBER - From 08/26/20 1.25 0.0 X 0 0 0 THOMAS BUBERL BOARD MEMBER - From 08/26/20 1.25 0.0 X 0 0 0 15222963 0 1608690 624 false true false AGUIRRE IBANEZ PABLO TENIENTE FUENTES SANTANDER 0 SP 39005 VIDEO SERVICES 285602 PETRA TANOS 11 BEAUMONT MEWS LONDON 0 UK W1G 6EF CONSULTING SERVICES 189813 PATRICE REYNAUD ROUTE DE FRONTENEX 78 GENEVE 0 SZ 1208 CONSULTING SERVICES 163046 SLIZYS SIMONAS VILIANUS STREET 14-14 VILNIUS 0 LH 3502 VIDEO SERVICES 143305 FELIPE CARAZO ORTIZ CASA22 - CALLE 152 - SAN MIGUEL ESC SAN JOSE 0 CS 10201 VIDEO SERVICES 141168 9 23094776 20444280 43539056 MEMBERSHIPS 900099 15969870 15969870 PARTICIPATION FEES 900099 27542 27542 PARTNERSHIPS 900099 245635204 245635204 261632617 836563 836563 0 1026172 1026172 0 0 0 23602965 20493305 3109660 3109660 3109660 0 0 0 0 0 0 0 0 0 FOREIGN EXCHANGE 900099 1054393 1054393 OTHER MISCELLANEOUS INCOME 900099 974432 974432 CONFERENCE RELATED REVENUES 900099 1480246 1480246 3509071 313653139 264087294 6026788 0 0 0 0 16831660 0 115209134 10386090 15450596 1595987 2370003 822098 516699 0 0 0 30899046 0 4804306 13451474 0 16544374 1014829 0 6246306 0 0 35732066 359435 OTHER STAFF EXPENSES 2507427 OTHER EXPENSES 1312980 276054510 291859919 347710987 18502214 8520268 0 0 49386372 32706692 0 0 0 0 3854709 0 0 0 7686447 8256321 186084002 62678884 124699230 123405118 164978299 208233000 0 0 0 0 25867106 9583227 4851887 3520036 691686183 741935649 47722274 51168711 0 0 159670875 156072354 0 0 0 0 0 0 100142350 103164300 0 0 4703150 5520939 312238649 315926304 X 379447534 426009345 0 0 379447534 426009345 691686183 741935649 X 37598629 8963185 X false true true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1290720 X EXHIBITION IN OUR PREMISES false 71868299 71868299 83224941 46187719 37037223 6044896 3193712 2851184 23655146 13297454 10357692 1290720 1290720 123405118 0 REFUND TO MEMBERS 5038069 DUE TO OTHERS 482870 5520939 339650870 25997731 25997731 313653139 313653139 339074095 63019585 63019585 276054510 276054510 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 25,997,731 FORM 990, SCHEDULE D, PART XII, LINE 2D IN KIND CONTRACTS 25,997,731 STRATEGIC RESERVES ALLOCATION 37,021,854 ____________ TOTAL 63,019,585 Central America and the Caribbean Program Services 154932 Middle East and North Africa Program Services 97016 South Asia Program Services 570466 East Asia and the Pacific Program Services 1834774 Europe (Including Iceland and Greenland) Program Services 26892686 North America Program Services 289703 Russia and the Newly Independent States Program Services 6237 South America Program Services 387313 Sub-Saharan Africa Program Services 776938 East Asia and the Pacific 3 65 Maintaining offices 10247174 Europe (Including Iceland and Greenland) 1 683 Maintaining offices 209389466 Europe (Including Iceland and Greenland) Investments 169199256 4 748 4 748 419845961 419845961 false false false false false false X X false true X X X X X true false false KLAUS SCHWAB FOUNDER AND EXECUTIVE CHAIRMAN 1171459 7088 1178547 ADRIAN MONCK MANAGING DIRECTOR 745474 82109 20773 848356 ALOIS ZWINGGI MANAGING DIRECTOR 745474 532 82102 20772 848880 BORGE BRENDE PRESIDENT OF MANAGING BOARD 1054313 109035 25107 1188455 JEREMY JURGENS MANAGING DIRECTOR 798722 73216 21732 893670 JULIEN GATTONI MANAGING DIRECTOR 710330 65261 20141 795732 LEE HOWELL MANAGING DIRECTOR 798722 79872 23063 901657 OLIVIER SCHWAB MANAGING DIRECTOR 798722 78307 22615 899644 RICHARD SAMANS MANAGING DIR. - Until 08/31/20 462687 246911 28500 26974 765072 MURAT SONMEZ MANAGING DIR. - Until 03/01/21 745959 6500 27000 41293 820752 SARITA NAYYAR MANAGING DIRECTOR 733905 497 28500 41053 803955 STEPHAN RUIZ HEAD GROUP CONTROL,FINANCE,OPP 373878 1096 28500 41550 445024 DOMINIC WAUGHRAY MANAGING DIRECTOR 759319 69670 21022 850011 EMMA BENAMEUR Head of Impact & Engagement 524707 532 48549 16279 590067 MEL ROGERS HEAD OF STRATEGIC AFFAIRS 395063 25164 12577 432804 DAVID AIKMAN CHIEF REPRESENTATIVE OFFICER 637593 45323 16121 699037 MALTE GODBERSEN HEAD OF TECHNOLOGY AND DIGITAL 429302 47962 13597 490861 PAUL SMYKE HEAD OF REGIONAL AGENDA - NA 470992 2502 28500 24901 526895 ROBERTO BOCCA HEAD FUTURE ENERGY & MATERIAL 441385 40345 13936 495666 ARNAUD BERNAERT HEAD HEALTH - UNTIL 05/31/21 451579 532 41026 14158 507295 MAKIKO EDA CHIEF REP. OFFICER, JAPAN 441084 562 6453 448099 SAADIA ZAHIDI MANAGING DIRECTOR 697551 44877 19911 762339 ANIL MENON MANAGING DIR. - UNTIL 11/27/20 433617 141462 49325 14431 638835 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 DURING CALENDAR YEAR 2020, RICHARD SAMANS RECEIVED A SEVERANCE PAYMENT OF $246,211 AND ANIL MENON RECEIVED A SEVERANCE PAYMENT OF $141,462. 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 2021. OTHER CHANGES IN NET ASSETS - PART XI, LINE 9 FX DIFFERENCE BETWEEN BOY AND EOY BALANCE SHEET $8,963,185 ______________ TOTAL $8,963,185 FORM 990 PART IX LINE 11G DESCRIPTION:EXTERNAL STAFF CHARGES TOTAL FEES:13008613 FORM 990 PART IX LINE 11G DESCRIPTION:CONSULTING FEES TOTAL FEES:17890433 World Economic Forum USA LLC 350 MADISON AVE 11TH FLOOR NEW YORK NY 10017 203908371 MEMBERSHIPS DE 53869018 129300983 WEF World Economic Forum Japan 12-32 Akasaka 1-Chome MinatoKu JA 107-60 Memberships JA 1742490 322086 WEF SCHWAB FOUNDATION 91-93 route de la Capite Cologny Geneva SZ 1223 Grants SZ 578900 9639767 WEF YOUNG GLOBAL LEADERS FOUNDATION 91-93 route de la Capite Cologny Geneva SZ 1223 Grants SZ 127200 4622230 WEF GLOBAL SHAPERS FOUNDATION 91-93 route de la Capite Cologny Geneva SZ 1223 Grants SZ 14020 1271061 WEF WORLD ARTS FORUM FOUNDATION 91-93 route de la Capite Cologny Geneva SZ 1223 Grants SZ 5193 121974 WEF