2022-11-10T16:14:07-06:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP 901 NORTH GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2021-07-01 840502574 ASSOCIATION OF GOVERNING BOARDS OF UNIVERSITIES ASSO 2022968400 1133 20TH STREET NW SUITE 300 WASHINGTON DC 20036 HENRY STOEVER PRESIDENT & CEO 2022968400 2022-11-09 1 HENRY STOEVER 999009999 J ANDREW SMITH P00635175 5712279500 2022-11-09 0 AAL1 IAL1 2021 2022-09-23 18:48:47Z HENRY STOEVER 1133 20TH STREET NW SUITE 300 WASHINGTON DC 20036 27104209 0 X AGB.ORG X 1974 DC THE ASSOCIATION OF GOVERNING BOARDS OF UNIVERSITIES AND COLLEGES EMPOWERS COLLEGE, UNIVERSITY, AND FOUNDATION BOARDS AND BOARD MEMBERS TO GOVERN WITH KNOWLEDGE AND CONFIDENCE, PROVIDING GUIDANCE AND THOUGHT LEADERSHIP THROUGH EXPERT SERVICES AND RESOURCES. 15 15 51 507 198024 0 1976511 2467748 11625747 12259521 854973 2695314 609038 856645 15066269 18279228 0 0 0 0 7143381 6548483 0 0 442500 7086464 8388013 14229845 14936496 836424 3342732 19633062 17317397 7161304 5866480 12471758 11450917 X THE ASSOCIATION OF GOVERNING BOARDS OF UNIVERSITIES AND COLLEGES EMPOWERS COLLEGE, UNIVERSITY, AND FOUNDATION BOARDS AND BOARD MEMBERS TO GOVERN WITH KNOWLEDGE AND CONFIDENCE, PROVIDING GUIDANCE AND THOUGHT LEADERSHIP THROUGH EXPERT SERVICES AND RESOURCES. 0 0 5908363 9090489 CONFERENCES, INSTITUTES, CONVENINGS, WORKSHOPS, AND AGB CONSULTING: AGB PROVIDES VARIOUS WEBINARS, WORKSHOPS, CONVENINGS, AND INSTITUTES FOR MEMBER PRESIDENTS, BOARD CHAIRS, AND BOARD MEMBERS OF PUBLIC AND PRIVATE INSTITUTIONS AND INSTITUTIONALLY RELATED FOUNDATIONS. IN ADDITION TO THE ANNUAL NATIONAL CONFERENCE ON TRUSTEESHIP IN MAJOR CITIES AROUND THE NATION, AGB OFFERS THE ANNUAL BOARD PROFESSIONALS CONFERENCE AND FOUNDATION LEADERSHIP FORUM. AGB ALSO OFFERS A WIDE RANGE OF CONTINUING EDUCATION OPPORTUNITIES FOR THE BOARDS OF MEMBER INSTITUTIONS AT SITES OF THEIR OWN CHOOSING. AGB CONSULTING'S GOVERNANCE PRACTICE AREA PROVIDES CUSTOMIZED ASSESSMENTS FOR INSTITUTIONAL BOARDS, CAMPUS LEADERS, ANDAFFILIATED FOUNDATIONS: HELPS BOARDS DEEPEN THEIR UNDERSTANDING OF BEST PRACTICES AND PUTTING KNOWLEDGE INTO ACTION; AND PROVIDES CRITICAL SUPPORT AND GUIDANCE FOR NEW LEADERSHIP. THE STRATEGY AND TRANSFORMATION PRACTICE AREA HELPS INSTITUTIONS PLAN FOR AND LEAD THROUGH CONSEQUENTIAL CHANGE INCLUDING COST MANAGEMENT INITIATIVES, PROGRAM DEVELOPMENT, AND REFINEMENTS TO THE BUSINESS MODEL AND STRATEGIC PLAN. 1991804 1556364 INSIGHTS, RESEARCH, TOOLS AND OTHER RESOURCES: IN ADDITION TO TRUSTEESHIP MAGAZINE PUBLISHED SIX TIMES PER YEAR FOR MEMBERS, AGB PUBLISHES BOOKS, REPORTS, BOARD STATEMENTS, BLOGS, SURVEY FINDINGS, WEBINARS, PODCASTS, AND BRIEFINGS, AND OFFERS A KNOWLEDGE CENTER FULL OF THESE RESOURCES ORGANIZED BY TRENDING TOPICS, BOARD FUNDAMENTALS, INSTITUTION TYPE, BOARD ROLES AND RESPONSIBILITIES, AND RESOURCE FORMAT TYPE. ADDITIONALLY, AGB OFFERS NEW BOARD MEMBER ORIENTATION FOR INTRODUCING BOARD MEMBERS TO HIGHER EDUCATION GOVERNANCE, ESSENTIAL BOARD RESPONSIBILITIES, BOARD COMPOSITION, AND BOARDROOM CULTURE. THERE ARE THREE DISCRETE VERSIONS OF THIS ONLINE PROGRAM DESIGNED FOR BOARD MEMBERS FROM PRIVATE INSTITUTIONS, PUBLIC INSTITUTIONS OR INSTITUTIONALLY RELATED FOUNDATIONS. ALL THREE VERSIONS PROVIDE NEW AND CONTINUING BOARD MEMBERS WITH A THOROUGH OVERVIEW OF GOVERNANCE FUNDAMENTALS. 2279038 1612668 ADVOCACY AND PUBLIC POLICY: AGB WORKS TO ENSURE THE VIEWS OF OUR MEMBERS ARE AT THE FOREFRONT OF STATE AND FEDERAL POLICY DISCUSSIONS REGARDING BOARD GOVERNANCE, INSTITUTIONAL LEADERSHIP, STUDENT SUCCESS, AND INSTITUTIONAL VITALITY. WE WORK TO IMPROVE SOCIETY'S UNDERSTANDING AND PERCEPTION OF THE VALUE OF HIGHER EDUCATION, AND WE SPONSOR A NUMBER OF OTHER ADVOCACY PROJECTS THAT ADDRESS PRESSING ISSUES IN HIGHER EDUCATION. 10179205 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 100 0 1 51 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DC NY X MARIA NAZARETH 2027760814 1133 20TH STREET NW SUITE 300 WASHINGTON DC 20036 HENRY STOEVER PRESIDENT AND CEO 39.00 1.00 X 569190 0 86705 RODERICK MCDAVIS PRINCIPAL 1.00 39.00 X 0 480947 57629 RICHARD A BEYER LEAD CONSULTANT 40.00 0.00 X 360239 0 15022 MERRILL SCHWARTZ SENIOR VICE PRESIDENT 40.00 0.00 X 263702 0 65926 MARIA NAZARETH VICE PRESIDENT 40.00 0.00 X 260729 0 58985 CHRISTINA JACOBS VICE PRESIDENT 40.00 0.00 X 277440 0 32819 PATRICIA KUNKLE VICE PRESIDENT 40.00 0.00 X 252159 0 29726 HELEN LEITH VICE PRESIDENT 40.00 0.00 X 194528 0 49352 CRISTIN TOUTSI GRIGOS ASSOC. VP FOR CONTENT STRATEGY 40.00 0.00 X 139162 0 36013 ANDREW LOUNDER ASSOCIATE VP OF PROGRAMS 1.00 0.00 X 140381 0 23685 STEPHEN ABBOTT DIRECTOR OF PARTNERSHIPS 40.00 0.00 X 145240 0 15031 SARITA HARRIS DIRECTOR OF MARKETING 1.00 0.00 X 133787 0 21962 ROSE GITENSTEIN MANAGING DIRECTOR FROM OCT 2021 40.00 0.00 X 59449 0 532 SHAUNA RYDER DIGGS CHAIR 5.00 0.00 X X 0 0 0 MONROE MILLER DIR./VICE CHAIR THROUGH JUN 2022 5.00 0.00 X X 0 0 0 BEVERLY SEAY DIRECTOR/VICE CHAIR 5.00 0.00 X X 0 0 0 ANGEL MENDEZ SEC. THROUGH JUN 2022 5.00 0.00 X X 0 0 0 LAURENE SPERLING DIRECTOR 1.00 0.00 X 0 0 0 ROSS A MUGLER DIRECTOR 3.00 0.00 X 0 0 0 RONALD C PARKER DIRECTOR 1.00 1.00 X 0 0 0 ROBERT KING DIRECTOR 1.00 0.00 X 0 0 0 LEO LAMBERT DIRECTOR 1.00 5.00 X 0 0 0 ERIC P BLACKHURST DIRECTOR 1.00 5.00 X 0 0 0 KATHLEEN DORE DIRECTOR 1.00 1.00 X 0 0 0 MARY K HUGHES DIRECTOR THROUGH JUN 2022 3.00 1.00 X 0 0 0 ELEANOR HORNE DIRECTOR 1.00 1.00 X 0 0 0 FRED DUVAL DIRECTOR THROUGH NOV 2021 1.00 0.00 X 0 0 0 CATHY HAVENER GREER DIRECTOR 3.00 0.00 X 0 0 0 JEFFREY HUMBER JR DIRECTOR THROUGH JUN 2022 3.00 0.00 X 0 0 0 2796006 480947 493387 21 0 1 0 DENTONS US LLP 1900 K ST NW WASHINGTON DC 20006 LEGAL AND CONSULTING 601583 NEWPORT ADVISORY PARTNERS LLC 22160 S PRESERVATION DR MILLSBORO DE 19966 CONSULTING 376882 PAUL FRIGA 126 CRIMSON OAK DR DURHAM NC 27713 CONSULTING 263524 TERRENCE MACTAGGART 174 GAYTON LN WINTHROP ME 04364 CONSULTING 232000 THE WINDERMERE GROUP LLC 13790 BRIGEWATER CROSSINGS BLVD 10 WINDERMERE FL 34786 CONSULTING 175580 13 25000 967700 1475048 2467748 MEMBERSHIP DUES 900099 7202898 7202898 AGB CONSULTING 900099 3739716 3739716 SEMINARS AND WORKSHOPS 900099 1169962 1169962 PUBLICATION SALES 900099 146945 111945 35000 12259521 605385 605385 509134 509134 163024 0 163024 163024 163024 10914910 8824981 2089929 2089929 2089929 OTHER REVENUE 900099 184487 184487 184487 18279228 12224521 198024 3388935 X 1964877 741765 1160172 62940 3510028 2268222 1043427 198379 423601 255821 150443 17337 268260 144793 118212 5255 381717 225611 138130 17976 461738 288037 149515 24186 39248 20808 16853 1587 43200 43200 2466 2466 4031757 3579460 452297 239229 227695 2751 8783 86233 38590 46996 647 959408 599548 311083 48777 266284 166045 98178 2061 576797 576797 119254 74391 38616 6247 58494 40940 14925 2629 DUES AND SUBSCRIPTIONS 551465 266422 276039 9004 SPECIAL PROJECT/CONTING 298410 60461 237949 0 PRINTING/DESIGN 249337 241984 7353 0 TEMPORARY HELP/REPLACEM 160360 91529 32165 36666 244333 227086 17221 26 14936496 10179205 4314791 442500 1087567 1116282 3801774 3774523 30974 38257 756042 633186 91120 18934 227875 328892 1946004 1808228 213260 137776 12439753 10223378 50000 50000 934697 996169 19633062 17317397 1188197 848766 3746159 4089522 967700 0 1259248 928192 7161304 5866480 X 12471758 11415420 0 35497 12471758 11450917 19633062 17317397 3342732 -4363573 0 X 0 1 X 1 0 X 2514234 871924 837200 952404 2467748 7643510 10730738 11228880 10786841 11625747 12224521 56596727 13244972 12100804 11624041 12578151 14692269 64240237 209003 48750 37500 44250 24500 364003 0 209003 48750 37500 44250 24500 364003 63876234 655951 1332403 1498735 2078969 1114519 6680577 655951 1332403 1498735 2078969 1114519 6680577 184487 184487 13900923 13433207 13122776 14657120 15991275 71105301 0.89830 0.09400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 25591 0 1 18000 43591 0 FORM 990, SCHEDULE C, PART 1-A, LINE 1: AGB TRACKED A NUMBER OF ISSUES DURING THE FISCAL YEAR PARTICULARLY THOSE AFFECTING THE FIDUCIARY INTEREST OF TRUSTEES AND BOARDS. AGB LEVERAGED ITS POLICY EFFORTS WORKING WITH THE HIGHER EDUCATION COMMUNITY ON ISSUES RELATED TO THE COVID-19 PANDEMIC, THE BUILD BACK BETTER ACT, BUDGET RECONCILIATION, USICA/AMERICA COMPETES ACTS, DEPARTMENT OF LABOR OVERTIME RULES, TITLE IX, STUDENT MENTAL HEALTH LEGISLATION, AND MORE. AGB ALSO PARTICPATED IN CONVERSATIONS WITH CONGRESSIONAL STAFF OVER TAX ISSUES RELATED TO STUDENTS AND HIGHER EDUCATION INSTITUTIONS. 0 10512731 -1739962 375000 8397769 8244932 2632799 365000 10512731 9024351 200581 980000 8244932 9582388 456963 1015000 9024351 8973691 938697 330000 9582388 1.00000 0 0 1189673 1173662 16011 603018 481253 121765 153313 153313 0 137776 DEFERRED COMP. INVEST. ACCT 798945 GUARANTY AND SECURITY DEPOSITS 197224 996169 DEFERRED RENT 129247 DEFERRED COMP. LIABILITY ACCT 798945 928192 X 13959405 -4363573 43750 -4319823 18279228 0 18279228 14980246 43750 43750 14936496 0 14936496 PART X, LINE 2: THE ASSOCIATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. AGB AND AGBIS HAVE FILED FOR INCOME TAX EXEMPTIONS IN THE JURISDICTIONS WHERE IT IS REQUIRED TO DO SO. ADDITIONALLY, AGB FILES INTERNAL REVENUE FORM 990 TAX RETURNS AS REQUIRED AND ALL APPLICABLE RETURNS IN THOSE JURISDICTIONS WHERE IT IS REQUIRED. X 1 1 X X X X 0 1 0 1 0 0 0 0 0 HENRY STOEVER PRESIDENT AND CEO 464938 0 95000 0 9252 0 55860 0 30845 0 655895 0 0 0 RODERICK MCDAVIS PRINCIPAL 0 303957 0 173815 0 3175 0 35423 0 22206 0 538576 0 0 RICHARD A BEYER LEAD CONSULTANT 63191 0 0 0 297048 0 5625 0 9397 0 375261 0 0 0 MERRILL SCHWARTZ SENIOR VICE PRESIDENT 235404 0 25000 0 3298 0 45908 0 20018 0 329628 0 0 0 MARIA NAZARETH VICE PRESIDENT 232971 0 25000 0 2758 0 44487 0 14498 0 319714 0 0 0 CHRISTINA JACOBS VICE PRESIDENT 251500 0 25000 0 940 0 30660 0 2159 0 310259 0 0 0 PATRICIA KUNKLE VICE PRESIDENT 181691 0 69771 0 697 0 17115 0 12611 0 281885 0 0 0 HELEN LEITH VICE PRESIDENT 183146 0 10000 0 1382 0 37268 0 12084 0 243880 0 0 0 CRISTIN TOUTSI GRIGOS ASSOC. VP FOR CONTENT STRATEGY 138392 0 500 0 270 0 14758 0 21255 0 175175 0 0 0 ANDREW LOUNDER ASSOCIATE VP OF PROGRAMS 139681 0 500 0 200 0 13995 0 9690 0 164066 0 0 0 STEPHEN ABBOTT DIRECTOR OF PARTNERSHIPS 127820 0 15500 0 1920 0 12880 0 2151 0 160271 0 0 0 SARITA HARRIS DIRECTOR OF MARKETING 123270 0 10000 0 517 0 12300 0 9662 0 155749 0 0 0 PART I, LINE 1A TRAVEL FOR COMPANIONS - TRAVEL FOR COMPANIONS - AGB'S PRESIDENT, HENRY STOEVER, HAS A CONTRACT WITH AGB. THE TERMS OF THE CONTRACT STATE THAT REASONABLE AND DOCUMENTED SPOUSAL TRAVEL EXPENSES FOR ATTENDANCE AT MEETINGS AND EVENTS WHERE THE SPOUSE'S PARTICIPATION IS DIRECTLY RELATED TO THE BUSINESS OF AGB AND IN SUPPORT OF THE PRESIDENT'S DUTIES MAY ALSO BE REIMBURSED. PERSONAL SPOUSAL TRAVEL WILL NOT BE REIMBURSED. PART I, LINE 4B THE FOLLOWING EMPLOYEES PARTICIPATED AND RECEIVED CONTRIBUTION TO A SUPPLEMENTAL NON-QUALIFED RETIREMENT PLAN: HENRY STOEVER - $20,500 MARIA NAZARETH - $20,500 MERRILL SCHWARTZ - $20,500 HELEN LEITH - $20,500 PART I, LINE 5 RICHARD BEYER'S COMPENSATION INCLUDED IN SCHEDULE J PART II B(III) IS BASED ON CONSULTING REVENUE OF AGB. FORM 990, PART VI, SECTION B, LINE 11B 990 REVIEW PROCESS: 1. THE FINANCE OFFICE TRANSMITS SCHEDULES AND CHECKLISTS TO THE RETURN PREPARER BY SEPTEMBER 15, 2022, TWO MONTHS BEFORE THE DUE DATE. 2. THE PRESIDENT AND VICE PRESIDENT FOR FINANCE, CONDUCT AN INTERNAL REVIEW OF DRAFT FORMS 990 ON OCTOBER 17, 2022. 3. THE VICE PRESIDENT FOR FINANCE TRANSMITS THE DRAFT FORMS 990 TO AGB'S BOARD OF DIRECTORS BY OCTOBER 21, 2022. 4. THE MEMBERS OF THE AUDIT AND ENTERPRISE RISK MANAGEMENT COMMMITTEE HAVE A WEEK FOR REVIEW, COMMENTS AND QUESTIONS AFTER WHICH THE COMMITTEE MEETS ON A CONFERENCE CALL. ALL MEMBERS OF THE BOARD ARE INVITED TO JOIN THE CALL SCHEDULED FOR NOVEMBER 1ST. 5. THE REVIEW OF FORM 990 IS CONDUCTED BY THE AUDIT AND ENTERPRISE RISK MANAGEMENT COMMITTEE. PARTICIPATION OF ALL DIRECTORS IS WELCOME AND ENCOURAGED. THE REVIEW BEGINS WITH THE PRESENTATION OF DATA TO THE COMMITTEE BY THE VICE PRESIDENT FOR FINANCE. UNDERLYING DATA THAT SUPPORTS THE RETURNS MAY BE REQUESTED BY THE COMMITTEE. THE COMMITTEE REVIEWS THE RETURNS TO ENSURE THEY ARE CONSISTENT WITH THE FINANCIAL STATEMENTS, THE GOVERNANCE QUESTIONS ARE ANSWERED CORRECTLY, THE DESCRIPTIVE INFORMATION REFLECTS THE POSITION OF AGB, DESCRIPTION OF THE PROGRAMS ARE ACCURATE, AND THE RETURN IS COMPLETE. 6. THE RETURN IS FINALIZED (ON NOVEMBER 5, 2022) NO LATER THAN 10 DAYS BEFORE THE TAX DEADLINE, AND INCLUDES ANY CHANGES SUGGESTED BY THE AUDIT AND ENTERPRISE RISK MANAGEMENT COMMITTEE. 7. DIRECTORS RECEIVE AN EXECUTIVE SUMMARY OF CHANGES (IF ANY) ELECTRONICALLY PRIOR TO FILING OF THE FINAL FORM 990. 8. THE CHAIR OF THE AUDIT AND ENTERPRISE RISK MANAGEMENT COMMITTEE PROVIDES A REPORT ON THE REVIEW OF THE COMPLETED FORM 990 TO THE AGB BOARD AT ITS NEXT SCHEDULED MEETING IN NOVEMBER. FORM 990, PART VI, SECTION B, LINE 12C STAFF: AGB REQUIRES THAT OFFICERS AND EMPLOYEES WILL PERFORM THEIR DUTIES CONSCIENTIOUSLY, HONESTLY, AND IN ACCORDANCE WITH THE BEST INTERESTS OF THE ASSOCIATION. AGB OFFICERS AND EMPLOYEES MUST NOT USE THEIR POSITION OR THE KNOWLEDGE GAINED AS A RESULT OF THEIR POSITION FOR PRIVATE OR PERSONAL ADVANTAGE. REGARDLESS OF THE CIRCUMSTANCES, IF OFFICERS OR EMPLOYEES SENSE THAT A COURSE OF ACTION THEY HAVE PURSUED, ARE CURRENTLY PURSUING, OR ARE CONTEMPLATING PURSUING MAY INVOLVE THEM IN A CONFLICT OF INTEREST WITH AGB, THEY SHOULD IMMEDIATELY COMMUNICATE ALL THE FACTS TO HIS OR HER SUPERVISOR. ALL STAFF MEMBERS WILL BE ASKED TO COMPLETE AND SIGN THE ATTACHED DISCLOSURE FORM ON AN ANNUAL BASIS. BOARD OF DIRECTORS: THE DIRECTOR HAVING SUCH CONFLICT SHALL NOT PARTICIPATE OR USE ANY PERSONAL INFLUENCE IN THE DISCUSSION OF THE SUBJECT ORMAKE ANY RECOMMENDATIONS REGARDING THE SUBJECT. HOWEVER, THE DIRECTOR WILL BRIEFLY STATE THE NATURE OF THE CONFLICT AND WILL BE EXPECTED TO ANSWER PERTINENT QUESTIONS FROM THE OTHER DIRECTORS WHEN THE DIRECTOR'S KNOWLEDGE OF THE SUBJECT WILL ASSIST THE BOARD. THE MINUTES OF ANY MEETING AT WHICH THE SUBJECT INVOLVING THE CONFLICT IS DISCUSSED SHALL REFLECT THAT A DISCLOSURE WAS MADE AND THAT THE CONFLICTED DIRECTOR REFRAINED FROM DISCUSSION, EXCEPT TO THE EXTENT PROVIDED ABOVE, AND DID NOT VOTE ON THE SUBJECT. THE SECRETARY ANNUALLY, AND AT OTHER TIMES ON REQUEST FROM ANY MEMBER OF THE BOARD, SHALL MAKE AVAILABLE TO THE MEMBERS OF THE BOARD COPIES OF THIS POLICY AND THE STATEMENT FOR DISCLOSING CONFLICTS. ANY BOARD MEMBER MAY REQUEST A DETERMINATION FROM THE BOARD AS TO THE EXISTENCE OF A CONFLICT OF INTEREST. THE BOARD'S DECISION, BY MAJORITY VOTE, SHALL BIND THE BOARD MEMBER AND THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 PROCESS TO DETERMINE COMPENSATION OF THE PRESIDENT: PRESIDENTIAL COMPENSATION IS DETERMINED WITH THE USE OF COMPARABILITY DATA RESEARCHED BY A MANAGEMENT/HR CONSULTING FIRM AND DISCUSSED BY AGB'S COMPENSATION COMMITTEE AND GENERAL COUNSEL. DURING THE PROCESS, THE PRESIDENT PRESENTS A DOCUMENT TO THE COMMITTEE OUTLINING HIS GOALS AND ACCOMPLISHMENTS FOR THE PAST YEAR. AFTER REVIEW OF DATA AND THE PRESIDENT'S SELF-ASSESSMENT, THE COMMITTEE DETERMINES WHETHER TO APPROVE THE COMPENSATION. PROCESS TO DETERMINE COMPENSATION OF OFFICERS: COMPENSATION IS DETERMINED WITH THE USE OF COMPARABILITY DATA RESEARCHED BY A MANAGEMENT. AGB'S PRESIDENT & CEO UPDATES THE COMPENSATION COMMITTEE ON SALARY INCREASES TO THE LEADERSHIP TEAM. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS: OWN WEBSITE AND ALSO PROVIDED UPON REQUEST CONFLICT OF INTEREST POLICY: OWN WEBSITE AND ALSO PROVIDED UPON REQUEST FINANCIAL STATEMENTS: PROVIDED UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANT FEES: PROGRAM SERVICE EXPENSES 3,579,460. MANAGEMENT AND GENERAL EXPENSES 452,297. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,031,757. AGB STRATEGIES 1133 20TH ST NW SUITE 425 WASHINGTON DC 20036 474663821 SEE PART VII DC 501(C)(3) TYPE I 12A AGB 1 AGB SEARCH LLC 1133 20TH ST NW SUITE 300 WASHINGTON DC 20036 271963417 SEE PART VII DC AGB C 9946006 3912672 1.00000 1 1 0 1 0 0 1 1 0 0 0 0 0 0 1 0 1 1 0 0 AGB SEARCH LLC A 163024 FMV AGB SEARCH LLC C 25000 FMV AGB SEARCH LLC F 156286 FMV AGB SEARCH LLC G 145 FMV AGB SEARCH LLC P 91900 FMV AGB SEARCH LLC Q 86666 FMV FORM 990, SCHEDULE R, PART II, BOX B: PRIMARY ACTIVITY: ASSIST COLLEGES AND UNIVERSITIES WITH THEIR BUSINESS MODEL. FORM 990, SCHEDULE R, PART IV, BOX B: PRIMARY ACTIVITY: CONDUCT EXECUTIVE LEVEL SEARCHES FOR UNIVERSITIES/COLLEGES.