2022-11-09T15:11:05-06:00 2021-12-31 BDO USA LLP 8401 GREENSBORO DRIVE 800 MCLEAN VA 22102 990 2021-01-01 346610067 SHRM FOUNDATION INC % SEAN RODDY SHRM 7035356020 1800 DUKE STREET ALEXANDRIA VA 223143499 SEAN RODDY CFO 7035483440 2022-11-07 true SEAN RODDY 999009999 Marc Berger P01871563 7038930600 3 2021 2022-09-23 18:48:47Z WENDI SAFSTROM 1800 DUKE STREET ALEXANDRIA VA 223143499 12504957 false X WWW.SHRM.ORG/FOUNDATION X 1966 OH ELEVATE AND EMPOWER HR AS A SOCIAL FORCE AND MOBILIZE THE POWER OF HR AND THE GENEROSITY OF DONORS TO LEAD POSITIVE SOCIAL CHANGE IMPACTING WORK, WORKERS, AND THE WORKPLACE. 13 12 9 200 0 0 4093627 4598723 175000 0 2399821 1013914 0 0 6668448 5612637 481652 507937 0 0 1182036 1180563 45484 0 795780 1977644 2409620 3686816 4098120 2981632 1514517 25309940 28442463 1322681 1002810 23987259 27439653 X ELEVATE AND EMPOWER HR AS A SOCIAL FORCE AND MOBILIZE THE POWER OF HR AND THE GENEROSITY OF DONORS TO LEAD POSITIVE SOCIAL CHANGE IMPACTING WORK, WORKERS, AND THE WORKPLACE. false false 2069242 0 0 THE FOUNDATION INSPIRES AND EMPOWERS HR TO LEAD SOCIAL CHANGE IN THE WORKPLACE: INSPIRE AND INFLUENCE/LEAD THE CREATION OF INCLUSIVE WORKPLACE CULTURES, RECOGNIZE AND CELEBRATE VISIONARY, INNOVATIVE BUSINESS PRACTICE, COLLABORATE WITH INTERNAL STAKEHOLDERS AND EXTERNAL THOUGHT LEADERS TO COMMISSION RESEARCH LINKED TO SAFE AND INCLUSIVE WORKPLACES, TALENT SHORTAGES AND OPPORTUNITIES FOR INCREASING INTEREST IN HR / HR PROFESSIONALS OF THE FUTURE, MOBILIZE HR PROFESSIONALS TO ACTIVATE EVIDENCE-BASED PROGRAMMATIC SOLUTIONS, AND ELEVATE HR BY PROMOTING HR AS THE VEHICLE TO EFFECT SOCIAL CHANGE. 763061 507937 0 THE FOUNDATION INSPIRES AND EMPOWERS THE NEXT GENERATION OF HR LEADERS: INSPIRE STUDENTS, YOUNG PROFESSIONALS, AND UNTAPPED TALENT POOLS TO PURSUE AND ADVANCE THEIR CAREERS IN HR, MOBILIZE FUTURE HR LEADERS TO LEARN AND GROW WITH ACTIVE SUPPORT FROM PROFESSIONAL MEMBERS, SCHOLARSHIPS, AWARDS AND GRANTS TO FURTHER THEIR EDUCATION/PROFESSIONAL DEVELOPMENT, AND ELEVATE HR BY PROMOTING HR JOBS AND CAREERS AT THE EARLIEST OF STAGES. 2832303 true true false false false false false false false true false false false false true true true true false false false false false false false false false true true true false false false false false false false false false false false false false true false true false true 28 0 true 9 true false false false false false false false false false false false false X 13 12 false true false false false true false true true false false true true true true true true true true false AL AR CA FL GA HI IL KS KY MD MA MI MN MS MO NH NJ NM NY NC OR PA RI SC TN UT VA WV WI X SEAN RODDY 7035483440 1800 DUKE STREET ALEXANDRIA VA 223143499 JOHNNY C TAYLOR JRSHRM-SCP DIR/SHRM PRES&CEO 1.0 39.0 X 0 1521645 809638 WENDI SAFSTROM EXECUTIVE DIRECTOR 40.0 0.0 X 272512 0 135436 ELLEN CHRISTMAN Dir, Engagement & Philanthropy 40.0 0.0 X 175647 0 36920 MARY WRIGHT Mgr, Apprenticeship Program 40.0 0.0 X 100466 0 33491 TOM MATHEWS CHAIR 1.0 0.0 X X 0 0 0 ELIZABETH SARTAIN SHRM-SCP IMMEDIATE PAST CHAIR 1.0 0.0 X X 0 0 0 DAN PURUSHOTHAM SECRETARY/TREASURER 1.0 0.0 X X 0 0 0 CAMILLE CHANG GILMORE DIRECTOR 1.0 0.0 X 0 0 0 EDIE GOLDBERG PHD DIRECTOR 1.0 0.0 X 0 0 0 GARY LATHAM PHD DIRECTOR 1.0 0.0 X 0 0 0 JANE MARVIN DIRECTOR 1.0 0.0 X 0 0 0 JEFF NALLY SHRM-SCP DIRECTOR 1.0 0.0 X 0 0 0 JIM LINK SHRM-SCP DIRECTOR 1.0 0.0 X 0 0 0 MELISSA SIMKINS DIRECTOR 1.0 0.0 X 0 0 0 PAULA HARVEY SHRM-SCP DIRECTOR 1.0 0.0 X 0 0 0 SUBHA V BARRY DIRECTOR 1.0 0.0 X 0 0 0 548625 1521645 1015485 3 false true false UBS FINANCIAL SERVICES INC 677 WASHINGTON BLVD STAMFORD CT 06901 INV MNGT SERVICES 115809 1 1596178 206351 2796194 4598723 0 569637 569637 0 0 0 0 0 7336597 6892320 444277 444277 444277 0 0 0 0 0 0 0 0 0 0 5612637 1013914 X 107000 107000 400937 400937 0 0 407948 356944 34003 17001 0 524450 458880 21856 43714 116106 101589 4839 9678 69038 60407 2877 5754 63021 55142 2626 5253 0 0 22511 22511 0 0 115809 115809 1120608 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1676712 -65357 18762 1592593 1613997 94406 31691 1676712 0.23000 0.71400 0.05600 false false 0 ACCRUED PENSION COST 315755 DUE TO RELATED PARTY 289875 605630 X 8317180 1465581 1354771 2820352 5496828 115809 115809 5612637 5337082 1354771 1354771 3982311 115809 115809 4098120 SCHEDULE D, PART V, LINE 4: THE FOUNDATION'S GENERAL ENDOWMENT WAS ESTABLISHED IN 2007 FROM A CONTRIBUTION FROM SHRM. ALL EARNINGS ON THESE FUNDS ARE TO BE AVAILABLE TO SUPPORT THE GENERAL OPERATIONS OF THE FOUNDATION. THE ENDOWED SCHOLARSHIP FUND WAS ESTABLISHED IN 2014 FOR THE SPONSORSHIP OF SCHOLARSHIPS AWARDED FOR ACADEMIC STUDIES, SHRM CERTIFICATION, AND PROFESSIONAL DEVELOPMENT. INTEREST AND DIVIDENDS ON THESE FUNDS ARE TO BE USED FOR AWARDS TO INDIVIDUALS IN THE FIELD OF HUMAN RESOURCES. THE BOARD OF DIRECTORS OF THE FOUNDATION ESTABLISHED THE M.R. LOSEY FUND AND THE SUSAN R. MEISINGER FELLOWSHIP FUND. THE M.R. LOSEY FUND SUPPORTS AN AWARD GIVEN ANNUALLY TO AN INDIVIDUAL WHO HAS DEMONSTRATED SIGNIFICANT CONTRIBUTIONS IN THE FIELD OF HUMAN RESOURCES. THE SUSAN R. MEISINGER FUND EARNINGS, UP TO $10,000 ANNUALLY, ARE FOR A FELLOWSHIP FOR AT LEAST ONE SELECTED GRADUATE STUDENT IN THE FIELD OF HUMAN RESOURCES. THE RAM CHARAN CHRO HR INNOVATION FUND WAS ESTABLISHED IN 2019 WITH INTEREST AND DIVIDENDS ON THESE FUNDS DESIGNATED TO SUPPORT AN ANNUAL AWARD OF UP TO $50,000 FOR AN HR PRACTITIONER WHO HAS THE REAL-WORLD SKILLS TO BUILD A HEALTHY FUTURE FOR AN ORGANIZATION AND ITS PEOPLE WHILE DELIVERING BUSINESS RESULTS. SCHEDULE D, PART X, LINE 2: The Foundation is exempt from federal income taxes under Section 501(c)(3) of the IRC. No provision for federal income taxes is required for the years ended December 31, 2021 and 2020, respectively, as the Foundation had no significant net unrelated business income. true The Tech Interactive 201 S Market St San Jose CA 951132008 942864660 501(C)(3) 50000 GENERAL SUPPORT Michigan State University Online Program 426 AUDITORIUM ROAD EAST LANSING MI 48824 386005984 501(C)(3) 15000 GENERAL SUPPORT SIOP Foundation Inc 440 E Poe Rd Bowling Green OH 434021355 341875995 501(C)(3) 15000 GENERAL SUPPORT 3 Academic Award 117 366769 Professional Award 3 26575 SCHEDULE I, PART I, LINE 2: SHRM FOUNDATION ACADEMIC SCHOLARSHIPS ARE PAID DIRECTLY TO UNIVERSITIES ON BEHALF OF ENROLLED STUDENT RECIPIENTS PRODUCING ELIGIBLE TUITION BILLS. PROFESSIONAL AWARDS ARE PAID TO SHRM ORGANIZATIONS UPON RECIPIENT REGISTRATION FOR ELIGIBLE PROFESSIONAL DEVELOPMENT. REIMBURSEABLE TRAVEL EXPENSES ARE MONITORED SIMILAR TO SHRM'S EXPENSE REIMBURSEMENT POLICIES. X false false false false false false false false true true false JOHNNY C TAYLOR JRSHRM-SCP DIR/SHRM PRES&CEO 0 982139 0 525000 0 14506 0 785707 0 23931 0 2331283 0 0 WENDI SAFSTROM EXECUTIVE DIRECTOR 215447 0 56000 0 1065 0 123869 0 11567 0 407948 0 0 0 ELLEN CHRISTMAN Dir, Engagement & Philanthropy 156252 0 18500 0 895 0 36920 0 0 0 212567 0 0 0 SHCEDULE J, PART I, LINE 1 & LINE 2: ALL EMPLOYEES RECEIVE A GROSS UP PAYMENT AS PART OF THE ORGANIZATION'S BIRTHDAY GIFT PROGRAM. PAYMENTS ARE INCLUDED IN TAXABLE WAGES. SHCEDULE J, PART I, LINE 3: COMPENSATION FOR THE EXECUTIVE DIRECTOR WAS APPROVED BY SHRM'S CHIEF HUMAN RESOURCES OFFICER IN CONSULTATION WITH THE FOUNDATION BOARD CHAIR. THE FOLLOWING WAS USED TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR: INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, AND A COMPENSATION SURVEY OR STUDY. COMPENSATION AMOUNTS ARE COMMENSURATE WITH THE EXTERNAL MARKET AND DIRECTLY LINKED TO THE INDIVIDUAL'S PERFORMANCE. SCHEDULE J, PART I, LINE 6B & LINE 7: ALL EMPLOYEES ARE ELIGIBLE TO RECEIVE AN INCENTIVE COMPENSATION PAYMENT BASED ON SHRM FOUNDATION AND SHRM, A RELATED ENTITY, MEETING KEY PERFORMANCE GOALS. THE GOALS ARE APPROVED BY THE SHRM BOARD OF DIRECTORS AND INCLUDE MEMBERSHIP COUNTS, BRAND REPUTATION/SENTIMENT MEASURES, AND FINANCIAL RESULTS. AFTER THE CALENDAR YEAR, THE SHRM BOARD REVIEWS ACTUAL RESULTS VERSUS THE GOAL AND APPROVES THE ORGANIZATION'S INCENTIVE COMPENSATION POOL. INDIVIDUAL INCENTIVE COMPENSATION PAYMENTS ARE BASED ON AN EMPLOYEE'S EARNINGS, POSITION, AND INDIVIDUAL PERFORMANCE. FORM 990, PART VI, SECTION A, LINE 3: THE FOUNDATION HAS A STRATEGIC PARTNERSHIP AGREEMENT WITH THE SOCIETY FOR HUMAN RESOURCE MANAGEMENT (SHRM) WHEREBY SHRM DONATES MANAGEMENT AND ADMINISTRATIVE SUPPORT SERVICES FOR THE FOUNDATION. SHRM SERVICES CONSIST OF THOSE TYPICALLY PROVIDED BY A CFO, INCLUDING IN PERTINENT PART: PREPARATION OF MONTHLY FINANCIAL STATEMENTS, OVERSIGHT OF THE ANNUAL AUDIT, TAX RETURN PREPARATION, INVESTMENT ASSISTANCE, AND ADVICE AND COUNSEL ON FINANCES. IN ADDITION, THE FOUNDATION HAS AGREED TO ADHERE TO SHRM ADMINISTRATIVE AND FINANCIAL PROCESSES AND POLICIES (E.G., PURCHASING, DOCUMENT RETENTION, AND CONTRACT APPROVAL). UNDER THIS AGREEMENT, THE FOUNDATION BUDGET IS PREPARED IN CONSULTATION WITH SHRM. FORM 990, PART VI, SECTION A, LINE 7A: THE SOCIETY FOR HUMAN RESOURCE MANAGEMENT (SHRM) PRESIDENT/CEO, OR HIS DESIGNEE, SHALL BE A VOTING EX OFFICIO DIRECTOR ON THE FOUNDATION'S BOARD. THE SHRM BOARD IS REQUIRED TO ELECT THE REMAINING FOUNDATION DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B: THE FOUNDATION'S FEDERAL FORM 990 IS REVIEWED BY THE ACCOUNTING STAFF OF THE SOCIETY FOR HUMAN RESOURCE MANAGEMENT (SHRM), INCLUDING THE CONTROLLER AND CFO, AND THE TREASURER OF THE FOUNDATION'S BOARD. SUCH REVIEWS TAKE PLACE UPON RECEIPT OF THE DRAFT FEDERAL FORM 990 PREPARED BY THE INDEPENDENT PUBLIC ACCOUNTING FIRM THAT CONDUCTS THE FINANCIAL STATEMENT AUDIT OF THE FOUNDATION. THE REVIEW INVOLVES A CHECK OF ALL NARRATIVE INFORMATION FOR ACCURACY AND COMPLETENESS AND A COMPARISON OF FINANCIAL DATA WITH THE AUDITED FINANCIAL STATEMENTS AND THE BOOKS AND RECORDS OF THE ORGANIZATION. PRIOR TO FILING THE FEDERAL FORM 990 WITH THE INTERNAL REVENUE SERVICE, A COMPLETE COPY IS PROVIDED TO ALL VOTING MEMBERS OF THE FOUNDATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C: THE BOARD'S CONFLICT OF INTEREST POLICY PROVIDES THE FOLLOWING PROCEDURES FOR ADDRESSING POTENTIAL CONFLICTS OF INTEREST THAT MAY REQUIRE BOARD OR COMMITTEE ACTION, SUCH AS: 1) THE INTERESTED PERSON MUST DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST AND SUCH DISCLOSURE MUST BE REFLECTED IN THE MINUTES OF THE MEETING WHERE SUCH MATTER IS BEING REVIEWED; 2) THE INTERESTED PERSON IS PROHIBITED FROM PARTICIPATING IN DISCUSSIONS ABOUT THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND RESPOND TO QUESTIONS; 3) SUCH PERSON SHALL NOT ATTEMPT TO EXERT HIS OR HER PERSONAL INFLUENCE WITH RESPECT TO THE MATTER EITHER AT OR OUTSIDE OF THE MEETING; 4) SUCH PERSON MAY NOT BE PRESENT TO HEAR THE BOARD OR COMMITTEE DISCUSSIONS ON THE MATTER; 5) SUCH INTERESTED PERSON IS PRECLUDED FROM VOTING ON THE MATTER AND SUCH PERSON'S PRESENCE MAY NOT BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM FOR PURPOSES OF THE VOTE AT THE MEETING; 6) SUCH PERSON MAY NOT BE PRESENT DURING THE VOTE UNLESS THE VOTE IS BY SECRET BALLOT; AND 7) SUCH PERSON'S INELIGIBILITY TO VOTE SHOULD BE REFLECTED IN THE MINUTES. THE SHRM EMPLOYEE CODE OF CONDUCT APPLIES TO ALL SHRM FOUNDATION EMPLOYEES; AND ALL SHRM FOUNDATION EMPLOYEES RECEIVE A COPY OF THE CODE OF CONDUCT AND RETURN AN ACKNOWLEDGEMENT TO THE SHRM HR DEPARTMENT THAT THEY UNDERSTAND AND WILL COMPLY WITH THE CODE OF CONDUCT. SECTION IV(K) OF THE CODE OF CONDUCT SETS FORTH THE CONFLICT OF INTEREST RULES APPLICABLE TO ALL EMPLOYEES. IT IS SHRM FOUNDATION'S INTENT TO AVOID IMPROPRIETY IN ALL OF ITS DECISIONS AND ACTIONS. THE CODE OF CONDUCT REQUIRES EMPLOYEES TO AVOID TRANSACTIONS, ACTIVITIES AND RELATIONSHIPS WHICH PLACE PERSONAL INTEREST IN CONFLICT WITH SHRM FOUNDATION'S; NOT TO USE ORGANIZATIONAL ASSETS OR THEIR POSITION AT SHRM FOUNDATION FOR PERSONAL USE OR GAIN; NOT TO ACCEPT GIFTS FROM VENDORS UNLESS WITHIN THE SPECIFIED GIFT GUIDELINES IN THE CODE. EMPLOYEES ARE INFORMED THAT ACTUAL OR POTENTIAL CONFLICTS OF INTEREST MAY GO BEYOND DEALINGS WITH CUSTOMERS, VENDORS OR SUPPLIERS. CONFLICTS MAY ALSO INVOLVE DEALINGS WITH MANAGERS, SUBORDINATES OR OTHER STAFF MEMBERS. IF A CONFLICT OR POTENTIAL CONFLICT ARISES, EMPLOYEES UNDER THE POLICY MAY CONSULT WITH THEIR SUPERVISOR, THEIR DEPARTMENT HEAD, SVP OR HUMAN RESOURCES. AT MINIMUM, IF AN EMPLOYEE OR HIS/HER IMMEDIATE FAMILY MEMBER HAS AN INTEREST IN A VENDOR THE EMPLOYEE IS REQUIRED TO DISCLOSE SUCH CONFLICT OF INTEREST TO THEIR EXECUTIVE DIRECTOR (OR SVP IF THEY ARE AN EXECUTIVE DIRECTOR) AND THE EMPLOYEE MUST NOT BE INVOLVED IN THE SELECTION, MANAGEMENT OR OVERSIGHT OF SUCH VENDOR. FORM 990, PART VI, SECTION B, LINE 15: COMPENSATION OF THE EXECUTIVE DIRECTOR AT THE SHRM FOUNDATION WAS APPROVED BY SHRM'S CHIEF HUMAN RESOURCES OFFICER IN CONSULTATION WITH THE FOUNDATION'S BOARD CHAIR. RELEVANT COMPARABILITY DATA FROM AN INDEPENDENT CONSULTANT WAS USED. COMPENSATION AMOUNTS ARE DIRECTLY LINKED TO THE INDIVIDUAL'S PERFORMANCE. THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED AT LEAST EVERY TWO TO THREE YEARS. FORM 990, PART VI, SECTION C, LINE 19: THE FOUNDATION WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS: PENSION-RELATED CHARGES, INCL. NET PD. PENSION COSTS OTHER THAN SVC. COST: $472,296 FORM 990 PART IX LINE 11G DESCRIPTION:RESEARCH SERVICES TOTAL FEES:384550 FORM 990 PART IX LINE 11G DESCRIPTION:EVENT PLANNING SERVICES TOTAL FEES:205573 FORM 990 PART IX LINE 11G DESCRIPTION:GRANT SERVICES TOTAL FEES:71065 FORM 990 PART IX LINE 11G DESCRIPTION:STRATEGIC CONSULTING TOTAL FEES:68000 FORM 990 PART IX LINE 11G DESCRIPTION:OTHER TOTAL FEES:391420 SOCIETY FOR HUMAN RESOURCE MGNT (SHRM) 1800 DUKE STREET ALEXANDRIA VA 223143499 340948453 SEE PART VI OH 501(C)(6) N/A NA false HR PEOPLE & STRATEGY INC 1800 DUKE STREET ALEXANDRIA VA 223143499 132989471 SEE PART VI NY 501(c)(3) 10 SHRM false SHRM CORPORATION 1800 DUKE STREET ALEXANDRIA VA 223143499 760839798 SEE PART VI VA SHRM C CORP 0 0 0.00000 false STRATEGIC HR MGM'T IND PVT LTD REGUS ORCHID BUS CTR 311 MUMBAI KHAR IN 40052 802212005 SEE PART VI IN SHRM C CORP 0 0 0.00000 false false true true false false false false false false false false false true true false true true false false SOCIETY FOR HUMAN RESOURCE MANAGEMENT C 1596178 CASH SOCIETY FOR HUMAN RESOURCE MANAGEMENT P 1400841 COST SOCIETY FOR HUMAN RESOURCE MANAGEMENT Q 1089266 COST SCHEDULE R, PART II, COLUMN (B): LINE (1): PRIMARY ACTIVITY: SERVE NEEDS OF HR PROFESSIONALS LINE (2): PRIMARY ACTIVITY: STRATEGIC HR EDUCATION SCHEDULE R, PART IV, COLUMN (B): LINE (1): PRIMARY ACTIVITY: ON-LINE JOBS ADVERTISING PROGRAM LINE (2): PRIMARY ACTIVITY: HR RESEARCH AND EDUCATIONAL PROGRAMS IN INDIA