2022-03-29T10:14:51-05:00 2020-12-31 990 2020-01-01 831883796 LEXISNEXIS RULE OF LAW FOUNDATION-AMENDED % THERESA JENNINGS LEXI 6175584925 1150 18th Street NW Suite 612 Washington DC 20036 TERESA L JENNINGS V.P. AND TREASURER 6175584925 2022-03-22 TERESA L JENNINGS 999009999 2 2020 2022-09-23 18:48:47Z X SAME AS ABOVE IAN P MCDOUGALL 1150 18th Street NW612 Washington DC 20036 1366791 false X www.lexisnexisrolfoundation.org X 2018 DE TO INCREASE AN UNDERSTANDING OF THE RULE OF LAW - SEE ATTACHED SUPPLEMENTAL SCHEDULE O. 4 4 0 0 607 1111791 0 0 0 0 0 255000 607 1366791 0 0 0 0 0 255000 0 0 12750 0 9136 0 264136 607 1102655 607 1112397 0 9135 607 1103262 X THE PURPOSE OF THIS FOUNDATION IS TO INCREASE THE PUBLIC'S UNDERSTANDING OF THE OF THE LAW BY: PROVIDING EDUCATIONAL TOOLS AND MATERIALS, FACILITATE ACCESS TO RESEARCH TOOLS FOR EDUCATIONAL PURPOSES, PROVIDE HANDS ON EDUCATIONAL INSTRUCTION, DEVELOP NON PARTISAN ANALYSIS AND IMPROVE ACCESS TO LAW COURT RECORDS ALL FOR THE RULE OF LAW. true true 217250 0 0 This Program service expense comprises of the Salary and other expenses paid to TERESA L. JENNINGS as an in kind personal expenses towards transactions with related parties. These parties comprise of the LexisNexis, individual donors and other public sources. 9136 0 0 This Program service expense comprises of the legal processing costs incurred towards transactions with related parties. These parties comprise of the LexisNexis, individual donors and other public sources. 226386 true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true X 0 0 0 false false false false false false false false false false false false X 4 4 false false false false true true false true true false false false true true true false false false DE X X THERESA JENNINGS 6175584925 1150 18TH STREET NW SUITE 612 Washington DC 20036 X Ian P McDougall Director\Officer 2.5 0.0 X X 0 0 0 Teresa L Jennings Director\Officer 31.25 0.0 X X 0 0 0 Nigel H Roberts Director\Officer 0.5 0.0 X X 0 0 0 Kenneth E Fogarty Officer 0.41 0.0 X 0 0 0 Peter Dangoia Officer 0.41 0.0 X 0 0 0 Renee P Simonton Officer 5.0 0.0 X 0 0 0 Michele L DeMarco OFFICER 0.25 0.0 X 0 0 0 Lynn M Formica Officer 0.25 0.0 X 0 0 0 Mary Ann Horgan Officer 0.25 0.0 X 0 0 0 0 0 0 0 false false false No Contractors in 2020 0 1111791 1111791 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 IN KIND SUPPORT 255000 255000 1366791 X 0 0 0 0 255000 217250 25000 12750 0 0 0 0 0 0 9136 9136 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 264136 226386 25000 12750 X 607 248973 0 0 0 863424 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 607 1112397 0 9135 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9135 X 0 30342 0 1072920 607 1103262 607 1103262 X 1102655 X true X false false false X 0 0 0 607 1111791 1112398 0 0 0 0 0 607 1111791 1112398 1062920 49478 0 0 0 1112398 X 1.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED LexisNexis Rule of Law Foundation LEXISNEXIS RULE OF LAW FOUNDATION AMENDED RETURN: SUBSEQUENT TO FILING THE FOUNDATION'S 2020 FORM 990 MANAGEMENT DETERMINED CERTAIN ADJUSTMENTS WERE NEEDED TO PROPERLY REFLECT THE FOUNDATION'S 2020 FINANCIAL STATEMENTS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. AN ADJUSTMENT WAS NECESSARY TO RECORD A $800,000 MULTI-YEAR PROMISE TO GIVE, NET OF A $37,000 DISCOUNT; IN-KIND CONTRIBUTIONS OF $255,000 WERE RECORDED; AND A MINOR ADJUSTMENT OF $504 WAS MADE TO CORRECT A POSTING ERROR. THE EFFECT OF THESE ADJUSTMENTS INCREASED THE CHANGE IN THE FOUNDATION'S NET ASSETS $763,424 FOR THE YEAR ENDED DECEMBER 31, 2020. THE CHANGES ARE REFLECTED UNDER THE PART VIII (STATEMENT OF REVENUE), PART IX (STATEMENT OF FUNCTIONAL EXPENSES),PART X (BALANCE SHEET), AND PART XI RECONCILIATION OF ASSETS. FORM 990, PART 1, QUESTION 1: THE ORGANIZATION'S MISSION IS TO INCREASE AWARENESS OF THE RULE OF LAW BOTH IN THE US AND THROUGHOUT THE WORLD BY PROVIDING EDUCATIONAL TOOLS AND MATERIALS THROUGH CONFERENCES AND SEMINARS, FORUMS AND DISCUSSION GROUPS. PART V, LINES 2A-B: LEXIS NEXIS RULE OF LAW FOUNDATION WAS INCORPORATED ON 9/4/2018 AND DID NOT COMPENSATE ANY OFFICER OR DIRECTOR DURING IN 2020. PART VI, LINES 6-7A: THE AFFAIRS OF LEXIS NEXIS RULE OF LAW FOUNDATION ARE RUN BY A BOARD OF DIRECTORS. THE BOARD OF DIRECTORS CONSISTS OF A NUMBER NOT LESS THAN TWO DIRECTORS AND NOT MORE THAN FIVE DIRECTORS. NO DECISIONS ARE MADE OTHER THAN FROM THE GOVERNING BODY. PART VI, SECTION B 12A-C: LEXIS NEXIS RULE OF LAW FOUNDATION HAS A CONFLICT OF INTEREST POLICY WHICH IS INCLUDED IN ARTICLE VIII OF ITS BYLAWS. PART VI, SECTION C 19: THESE DOCUMENTS WILL BE AVAILABLE FOR PUBLIC INSPECTION ON THE COMPANY WEBSITE AND UPON REQUEST. PART VIII STATEMENT OF REVENUE LINE 11A: In-kind services are included in public support and revenue at their estimated fair value at the date of donation. The Foundation received $255,000 of in-kind support from a related party that funded the Foundation's personnel costs for the year 2020. PART IX STATEMENT OF FUNCTIONAL EXPENSES (LINES 1-26): These Program service expense comprises of the Salary and other expenses paid to TERESA L. JENNINGS as an in kind personal expenses and legal processing costs incurred towards transactions with related parties. These parties comprise of the LexisNexis, individual donors and other public sources. PART X BALANCE SHEET LINE 27-28: Net Assets Without Donor Restrictions - Net assets without donor restrictions include resources without restrictions, including contributions and other revenue available for the use by the Foundation for programs and general operations over which the Board of Directors has discretionary control. Net Assets With Donor Restrictions - Net assets with donor restrictions are subject to donor imposed restrictions. Some donor-imposed restrictions are temporary in nature, such as those that will be met by the passage of time or other events specified by the donor. Donor-imposed restrictions are released when a restriction expires, that is, when the stipulated time has elapsed, when the stipulated purpose for which the resource was restricted has been fulfilled, or both. Other donor-imposed restrictions are perpetual in nature, where the donor stipulated that resources be maintained in perpetuity. The Foundation did not have any net assets to be held in perpetuity at December 31, 2020. net assets to be held in perpetuity at December 31, 2020. RELX INC 313 Washington Street Newton MA 02458 521471842 PUBLISHING MA RELX US Holding C 0 0 false