2021-09-09T11:38:05-05:00 2020-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2020-01-01 237026895 THE LEADERSHIP CONFERENCE EDUCATION FUND INC LEAD 2024663434 1620 L STREET NW NO 1100 WASHINGTON DC 20036 MONICA WOODS EXECUTIVE VP & COO 2024663434 2021-09-09 1 MONICA WOODS 999009999 RICHARD J LOCASTRO CPA P00288314 3019519090 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z WADE HENDERSON 1620 L STREET NW NO 1100 WASHINGTON DC 20036 46749457 0 X WWW.LEADERSHIPCONFERENCEEDFUND.ORG X 1969 DC SEE PART III, LINE 1. 10 10 145 0 0 0 26435895 46252241 0 0 421230 347489 -46342 6995 26810783 46606725 0 0 0 0 8618449 11358881 0 0 890873 8341922 19007810 16960371 30366691 9850412 16240034 37341845 55556461 3385397 4803596 33956448 50752865 X BUILD PUBLIC WILL FOR FEDERAL POLICIES THAT PROMOTE AND PROTECT CIVIL AND HUMAN RIGHTS, AND EMPOWER AND MOBILIZE ADVOCATES AROUND THE COUNTRY TO PUSH FOR PROGRESSIVE CHANGE IN THE UNITED STATES. 0 0 3514860 CENSUS / GET OUT THE COUNT: THE CENSUS COUNTS CAMPAIGN IS A PUBLIC EDUCATION, COMMUNICATION, COMMUNITY ENGAGEMENT, AND OUTREACH DRIVE DESIGNED TO ENSURE MAXIMUM PARTICIPATION-PARTICULARLY AMONG THE HARDEST-TO-COUNT (HTC) COMMUNITIES, SUCH AS PEOPLE OF COLOR, URBAN AND LOW-INCOME HOUSEHOLDS, IMMIGRANTS, LIMITED-ENGLISH PROFICIENT POPULATIONS, AND YOUNG CHILDREN-IN THE 2020 CENSUS. THE CAMPAIGN BRINGS TOGETHER COMMUNITY-BASED ORGANIZATIONS ACROSS A WIDE SPECTRUM OF ADVOCACY: CIVIL RIGHTS, IMMIGRANT, LGBTQ, DISABILITY, INFANT AND CHILD, POVERTY AND HOMELESSNESS, FAITH-BASED, LABOR, HEALTH CARE, EDUCATION, YOUTH, AND MORE. THROUGH EDUCATION, TRAINING, ORGANIZING, AND OUTREACH, THESE ORGANIZERS AND ADVOCATES ARE WORKING TO ENSURE COMMUNITIES THE CENSUS HAS HISTORICALLY MISSED ARE COUNTED IN THE 2020 CENSUS. 11574112 ALL VOTING IS LOCAL (AVL): AVL LAUNCHED IN 2018, FIGHTS MODERN-DAY VOTER SUPPRESSION WITH MODERN-DAY SOLUTIONS, DEPLOYING A THREE-PRONGED APPROACH OF: DATA DRIVEN ORGANIZING, STRATEGIC COMMUNICATIONS, AND BUILDING GRASSROOTS POWER. THE COLLABORATIVE CAMPAIGN HOUSED AT THE EDUCATION FUND FIGHTS TO ELIMINATE NEEDLESS AND DISCRIMINATORY BARRIERS TO VOTING BEFORE THEY HAPPEN, TO BUILD A DEMOCRACY THAT WORKS FOR US ALL. AVL'S LONG-TERM GOAL IS TO ELIMINATE NEEDLESS AND DISCRIMINATORY BARRIERS TO VOTING, LEVERAGING THE COLLECTIVE STRENGTH OF LOCAL AND NATIONAL PARTNERS. 2554081 VOTING RIGHTS: THE EDUCATION FUND'S VOTING RIGHTS PROGRAM AIMS TO WORK WITH OUR PARTNERS AND LOCAL COMMUNITIES ACROSS THE NATION TO MODERNIZE ELECTIONS AND BUILD A 21ST CENTURY DEMOCRACY - A DEMOCRACY WHERE ALL OF OUR VOICES ARE HEARD. 2469071 COMMUNICATIONS: THROUGH STRATEGIC COMMUNICATIONS INCLUDING THE DISSEMINATION OF INFORMATION, VIDEOS, FACT-SHEETS, TOOLS AND TRAININGS, THE EDUCATION FUND IS SHIFTING THE NARRATIVE ON CIVIL AND HUMAN RIGHTS TO GAIN PUBLIC WILL IN OUR FIGHT TOWARDS JUSTICE. 1616479 CRIMINAL JUSTICE AND POLICING: TRANSFORMING THE LEGAL SYSTEM TO ENSURE EQUAL JUSTICE, ACCOUNTABILITY, AND THE PROTECTION OF CIVIL RIGHTS, AND PARTNERING WITH COMMUNITIES AND POLICE DEPARTMENTS TO RETHINK PUBLIC SAFETY AND RENEW TRUST IN POLICING. 1775642 EDUCATION: THE EDUCATION FUND'S EDUCATION EQUITY PROGRAM WORKS TOWARDS ENSURING ALL YOUNG PEOPLE ARE FULLY INCLUDED IN RESPONSIVE, WELCOMING, RIGOROUS, AND FAIRLY RESOURCED SCHOOLS FROM EARLY CHILDHOOD THROUGH HIGHER EDUCATION THAT PREPARE ALL OF THEM FOR COLLEGE, CAREERS, LIFE, AND THE FULL EXERCISE OF THEIR SOCIAL, POLITICAL, AND ECONOMIC RIGHTS. OUR GOAL IS TO TRANSFORM EDUCATION DECISION-MAKING AT EVERY LEVEL SO THAT MARGINALIZED STUDENTS AND THEIR FAMILIES DRIVE DECISION-MAKING. 662432 FIGHTING HATE AND BIAS 835569 FAIR COURTS 1555336 OTHER PROGRAMS, INCLUDING MEDIA AND TECH, ECONOMIC SECURITY, AND CONDUCTING PUBLIC EDUCATION ON CIVIL RIGHTS ISSUES 8914529 26557582 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 77 0 1 145 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 AL CA FL GA IL KS KY MA MD MI MN MS NC NH NJ NM OR PA RI SC TN UT VA WI WV X MONICA WOODS 2024663434 1620 L STREET NW NO 1100 WASHINGTON DC 20036 JAMES RUCKER CHAIR 1.00 X X 0 0 0 JOHN RELMAN TREASURER 1.00 X X 0 0 0 STEPHANIE VALENCIA RAMIREZ SECRETARY 1.00 X X 0 0 0 ALEXIS MCGILL JOHNSON DIRECTOR 1.00 X 0 0 0 DORIAN WARREN DIRECTOR 1.00 X 0 0 0 ELIZABETH BIRCH DIRECTOR 1.00 X 0 0 0 MICHAEL D CALHOUN DIRECTOR 1.00 X 0 0 0 GARA LAMARCHE DIRECTOR 1.00 X 0 0 0 CAROLYN OSOLINIK DIRECTOR 1.00 X 0 0 0 JUDITH LICHTMAN EX-OFFICIO MEMBER 1.00 X 0 0 0 VANITA GUPTA PRESIDENT & CEO 35.00 X 281253 0 33279 MONICA WOODS EXECUTIVE VP & COO (FROM 4/2020) 30.00 X 130448 0 9538 ASHLEY ALLISON EVP - CAMPAIGNS (UNTIL 12/2020) 35.00 X 193111 0 16467 ALLYN BROOKS-LASURE EVP - COMMUNICATIONS (UNTIL 12/2020) 30.00 X 168952 0 23424 HANNAH FRIED DIRECTOR - ALL VOTING IS LOCAL 35.00 X 155522 0 15926 RAVI SHANKAR VP OF FINANCE 35.00 X 143575 0 22039 GABRIELLE SHERB VP OF DEVELOPMENT (UNTIL 11/2020) 35.00 X 154896 0 10433 TAMARA CHRISLER MANAGING DIRECTOR - POLICY 30.00 X 129587 0 18223 CORRINE YU SR. PROG. DIR./INTERIM EVP CAMPAIGNS 30.00 X 128728 0 17215 VANESSA GONZALEZ EVP - FIELD 30.00 X 123964 0 12251 LASHAWN WARREN EVP - GOVERNMENT AFFAIRS 30.00 X 115936 0 15822 MICHAEL ZUBRENSKY SENIOR COUNSEL 20.00 X 77480 0 10618 LYNDA GARCIA CAMPAIGN DIRECTOR 40.00 X 139043 0 25078 SHINICHI INOUYE MANAGING DIRECTOR - COMMUNICATIONS 30.00 X 99272 0 12526 KELLY BREWINGTON COMMUNICATIONS DIRECTOR 40.00 X 139012 0 23254 RAHUL RANDHAVA SENIOR COUNSEL 30.00 X 114557 0 13554 2295336 0 279647 39 0 1 0 BULLY PULPIT INTERACTIVE LLC 1445 NEW YORK AVE 5TH FLOOR WASHINGTON DC 20005 ADVISORY, MEDIA STRAT. & ADVERTISING 3114772 SOZE PRODUCTIONS INC 55 WASHINGTON STREET SUITE 300 BROOKLYN NY 11201 PROJECT MANAGEMENT, COMMUNICATIONS 1029295 DELIVER STRATEGIES LLC PO BOX 100970 ARLINGTON VA 22210 POSTCARD MAILERS 426226 AMERICAN URBAN RADIO NETWORKS 938 PENN AVE SUITE 701 PITTSBURGH PA 15222 ADVERTISING 250000 AMERICAN CIVIL LIBERTIES UNION FOUNDATIO 125 BROAD ST 18TH FL NEW YORK NY 10004 STRATEGY AND ADVISORY 245000 32 46252241 972136 46252241 327955 327955 162266 142732 19534 19534 19534 OTHER REVENUE 900099 6995 6995 6995 46606725 0 0 354484 X 1920589 1292394 421977 206218 7699609 6492918 764181 442510 364347 301301 43649 19397 648276 539870 60839 47567 726060 589281 87953 48826 123529 103272 19568 689 36121 36121 40836 40836 9594622 8838778 730787 25057 5841094 5829818 10702 574 939745 616142 314366 9237 262570 153025 94165 15380 943550 783859 102724 56967 130963 129794 846 323 93823 83748 7893 2182 120805 56672 61676 2457 40161 18840 20504 817 DONATED PRINT ADS 600558 600558 DUES AND SUBSCRIPTIONS 153311 86910 55481 10920 STAFF DEVELOPMENT 59686 28000 30472 1214 HONORARIUM 10650 4996 5437 217 15786 7406 8059 321 30366691 26557582 2918236 890873 X 16380085 10548410 3761661 5611700 4248187 6024960 98671 155290 70156 121436 1180467 785808 512407 394659 11833420 32100626 437258 599380 37341845 55556461 1568924 1883567 1064400 1816473 1855629 3385397 4803596 X 21757959 38234171 12198489 12518694 33956448 50752865 37341845 55556461 16240034 556383 0 X 0 1 X 1 0 X 9844951 14543346 26484342 26435895 46252241 123560775 9844951 14543346 26484342 26435895 46252241 123560775 45741384 77819391 536189 669039 160382 421230 327955 2114795 312159 312159 373998 1371 213701 29845 6995 625910 126613639 0.61460 0.50700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 30366691 30366691 1000000 250000 0 0 714475 897358 998019 1000000 3609852 5414778 0 485000 0 0 485000 178619 224040 249505 250000 902164 1353246 0 200000 0 0 200000 1061918 86030 81024 1066924 893555 249604 81241 1061918 1181176 -287621 893555 1083727 97449 1181176 988549 95178 1083727 1.00000 0 0 188061 144885 43176 839862 498635 341227 152544 142288 10256 394659 DEFERRED COMPENSATION 368849 DEFERRED RENT ABATEMENT AND LEASE INCENTIVES 1486780 1855629 X 47772272 556383 650000 1206383 46565889 40836 40836 46606725 30975855 650000 650000 30325855 40836 40836 30366691 PART V, LINE 4: THE EDUCATION FUND'S ENDOWMENT CONSISTS OF THE CAROL PITCHERSKY DEVELOPMENT FUND, A DONOR-RESTRICTED ENDOWMENT FUND, THE PRINCIPAL OF WHICH IS CLASSIFIED WITHIN PERMANENTLY RESTRICTED NET ASSETS. THE ENDOWMENT HELPS TO FUND A FELLOWSHIP AWARDED EVERY OTHER YEAR TO AN ASPIRING DEVELOPMENT PROFESSIONAL OF COLOR. THE FELLOWSHIP CONSISTS OF A TWO-YEAR PAID FULL-TIME PLACEMENT IN THE FUNDRAISING DIVISION OF A CIVIL RIGHTS OR HUMAN RIGHTS ORGANIZATION. PART X, LINE 2: FOR THE YEARS ENDED DECEMBER 31, 2020 AND 2019, THE EDUCATION FUND HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. X X 0 0 0 0 0 0 0 0 0 VANITA GUPTA PRESIDENT & CEO 281253 0 0 0 0 0 18525 0 14754 0 314532 0 0 0 ASHLEY ALLISON EVP - CAMPAIGNS (UNTIL 12/2020) 193111 0 0 0 0 0 12679 0 3788 0 209578 0 0 0 ALLYN BROOKS-LASURE EVP - COMMUNICATIONS (UNTIL 12/2020) 168952 0 0 0 0 0 13204 0 10220 0 192376 0 0 0 HANNAH FRIED DIRECTOR - ALL VOTING IS LOCAL 155522 0 0 0 0 0 11012 0 4914 0 171448 0 0 0 RAVI SHANKAR VP OF FINANCE 143575 0 0 0 0 0 7569 0 14470 0 165614 0 0 0 GABRIELLE SHERB VP OF DEVELOPMENT (UNTIL 11/2020) 154896 0 0 0 0 0 10433 0 0 0 165329 0 0 0 LYNDA GARCIA CAMPAIGN DIRECTOR 139043 0 0 0 0 0 9373 0 15705 0 164121 0 0 0 KELLY BREWINGTON COMMUNICATIONS DIRECTOR 139012 0 0 0 0 0 9171 0 14083 0 162266 0 0 0 TAMARA CHRISLER MANAGING DIRECTOR - POLICY 129587 0 0 0 0 0 11671 0 6552 0 147810 0 0 0 CORRINE YU SR. PROG. DIR./INTERIM EVP CAMPAIGNS 128728 0 0 0 0 0 10629 0 6586 0 145943 0 0 0 MONICA WOODS EXECUTIVE VP & COO (FROM 4/2020) 130448 0 0 0 0 0 0 0 9538 0 139986 0 0 0 VANESSA GONZALEZ EVP - FIELD 123964 0 0 0 0 0 7153 0 5098 0 136215 0 0 0 LASHAWN WARREN EVP - GOVERNMENT AFFAIRS 115936 0 0 0 0 0 12167 0 3655 0 131758 0 0 0 RAHUL RANDHAVA SENIOR COUNSEL 114557 0 0 0 0 0 9359 0 4195 0 128111 0 0 0 SHINICHI INOUYE MANAGING DIRECTOR - COMMUNICATIONS 99272 0 0 0 0 0 9798 0 2728 0 111798 0 0 0 MICHAEL ZUBRENSKY SENIOR COUNSEL 77480 0 0 0 0 0 10585 0 33 0 88098 0 0 0 X 6 371578 FMV X PRINT ADS 1 600558 FMV 0 0 1 0 PART I, COLUMN (B): THIS COLUMN REPORTS THE TOTAL NUMBER OF NON-CASH CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 8B THE COMMITTEES OF THE BOARD OF DIRECTORS DO NOT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. THE COMMITTEES BRING RECOMENDATIONS TO THE FULL BOARD FOR CONSIDERATION. THEREFORE, DOCUMENTATION OF COMMITTEE ACTIVITY IS HANDLED THROUGH THE MINUTES OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE LEADERSHIP CONFERENCE EDUCATION FUND'S FORM 990 IS REVIEWED IN ITS ENTIRETY BY MANAGEMENT AND THE AUDIT COMMITTEE IN CONSULATION WITH THE INDEPENDENT AUDITORS. A COMPLETE COPY IS GIVEN TO ALL MEMBERS OF THE BOARD BEFORE FILING. BOARD MEMBERS ARE ENCOURAGED TO REVIEW THE 990 AND SUBMIT QUESTIONS OR COMMENTS TO THE AUDIT COMMITTEE FOR CLARIFICATION. UPON REVIEW AND APPLICABLE ADJUSTMENTS, THE 990 IS THEN FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. IT IS THE RESPONSIBILITY OF EACH BOARD DIRECTOR TO IMMEDIATELY DISCLOSE IN WRITING TO THE BOARD CHAIR THE EXISTENCE OF ANY CONFLICT OF INTEREST. IT IS THE DUTY OF THE EDUCATION FUNDS BOARD OF DIRECTORS TO DECIDE WHETHER SUCH INDIVIDUAL MAY PARTICIPATE IN ANY DISCUSSIONS OR VOTE ON THE ISSUE THAT HAS GIVEN RISE TO THE CONFLICT. BOARD DIRECTORS MUST WITHDRAW FROM PARTICIPATION IN ANY WAY IN DECISIONS IN WHICH THEY HAVE A FINANCIAL OR MATERIAL INTEREST. BOARD DIRECTORS WHO HAVE A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN ANY DISCUSSION REGARDING THE ISSUE DURING ANY EDUCATION FUND MEETING. SHOULD A BOARD DIRECTOR BE FOUND TO HAVE A CONFLICT OF INTEREST THAT HAS NOT BEEN DISCLOSED TO THE BOARD AS REQUIRED, THE BOARD MAY: A) REQUIRE THE DIRECTOR TO PROVIDE FULL DISCLOSURE OF THE NATURE OF THE CONFLICT OF INTEREST; B) REMOVE SAID DIRECTOR FROM THE BOARD; C) TAKE OTHER ACTIONS AS DEEMED APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR COMPENSATION APPROVAL INCLUDES ANNUAL COST OF LIVING ADJUSTMENTS FOR EMPLOYEES, MERIT INCREASES, AND PERIODIC INCREASES TO ENSURE EQUITY AMONG STAFF AND THE MARKET FOR THE NOT-FOR-PROFIT SECTOR. ONE-TIME ADJUSTMENTS ARE BASED ON THIRD PARTY CONSULTATION RESULTING IN MARKET ANALYSIS OF SALARIES IN THE NOT-FOR-PROFIT SECTOR IN WASHINGTON, DC. SALARY RANGES AND SPECIFIC SALARIES FOR THE PRESIDENT ARE SET BY THE BOARD OF DIRECTORS. THE BOARD HAS A STANDING COMMITTEE FOR PERSONNEL ISSUES. THE LAST COMPENSATION REVIEW WAS CONDUCTED BY THE BOARD IN JANUARY OF 2019. ALL OTHER STAFF SALARIES ARE SET BY THE PRESIDENT AND COO UNDER ADVICE OF A SALARY STUDY AND THIRD PARTY CONSULTATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G SUBCONTRACTORS: PROGRAM SERVICE EXPENSES 2,938,270. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,938,270. RECRUITING: PROGRAM SERVICE EXPENSES 157,829. MANAGEMENT AND GENERAL EXPENSES 20,514. FUNDRAISING EXPENSES 670. TOTAL EXPENSES 179,013. CONSULTING: PROGRAM SERVICE EXPENSES 5,323,323. MANAGEMENT AND GENERAL EXPENSES 655,769. FUNDRAISING EXPENSES 22,607. TOTAL EXPENSES 6,001,699. TEMPORARY AGENCY SUPPORT: PROGRAM SERVICE EXPENSES 182,786. MANAGEMENT AND GENERAL EXPENSES 23,757. FUNDRAISING EXPENSES 776. TOTAL EXPENSES 207,319. DIGITAL-PODCAST: PROGRAM SERVICE EXPENSES 193,181. MANAGEMENT AND GENERAL EXPENSES 25,108. FUNDRAISING EXPENSES 820. TOTAL EXPENSES 219,109. ONLINE SERVICES: PROGRAM SERVICE EXPENSES 43,389. MANAGEMENT AND GENERAL EXPENSES 5,639. FUNDRAISING EXPENSES 184. TOTAL EXPENSES 49,212. FORM 990, PART X, LINE 24 ON MAY 7, 2020, THE EDUCATION FUND RECEIVED LOAN PROCEEDS IN THE AMOUNT OF $1,064,400 UNDER THE PAYCHECK PROTECTION PROGRAM. THE PROMISSORY NOTE CALLS FOR MONTHLY PRINCIPAL AND INTEREST PAYMENTS AMORTIZED OVER THE TERM OF THE PROMISSORY NOTE WITH A DEFERRAL OF PAYMENTS FOR THE FIRST SIX MONTHS. UNDER THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT (CARES ACT), THE PROMISSORY NOTE MAY BE FORGIVEN BY THE SMALL BUSINESS ADMINISTRATION IN WHOLE OR IN PART. THE EDUCATION FUND HAS USED THE PROCEEDS FOR PURPOSES CONSISTENT WITH THE PAYCHECK PROTECTION PROGRAM. SUBSEQUENT TO YEAR-END, THE LOAN WAS FORGIVEN, AND ACCORDINGLY, THE EDUCATION FUND WILL RECORD REVENUE FROM DEBT EXTINGUISHMENTS DURING THE YEAR ENDING DECEMBER 31, 2021. FORM 990 - GENERAL EXPLANATION: ALTHOUGH NOT RELATED FOR FORM 990 REPORTING PURPOSES, THE EDUCATION FUND IS REPORTING THE FOLLOWING INFORMATION ABOUT THE LEADERSHIP CONFERENCE ON CIVIL AND HUMAN RIGHTS, INC.: ADDRESS: 1620 L STREET, NW, SUITE 1100, WASHINGTON, DC 20036 EIN: 52-0789800 PRIMARY ACTIVITY: TO PROMOTE THE ENACTMENT AND ENFORCEMENT OF EFFECTIVE CIVIL RIGHTS LEGISLATION AND POLICY LEGAL DOMICILE: WASHINGTON, DC EXEMPT CODE SECTION: 501(C)(4) DIRECT CONTROLLING ENTITY: N/A TRANSACTIONS: THE EDUCATION FUND SHARES EMPLOYEES AND OFFICE SPACE WITH THE LEADERSHIP CONFERENCE PURSUANT TO A SERVICES AND FACILITIES AGREEMENT. ALL FEDERAL EMPLOYMENT TAX RETURNS ARE FILED BY THE EDUCATION FUND ON BEHALF OF BOTH ORGANIZATIONS. THE LEADERSHIP CONFERENCE PAYS ITS PORTION OF PAYROLL SERVICES THROUGH REGULAR REIMBURSEMENTS. THE EDUCATION FUND RECEIVED PAYMENTS OF $1,952,588 FROM THE LEADERSHIP CONFERENCE FOR SHARED EXPENSES DURING THE YEAR. FORM 990, PART VII, SECTION A: PURSUANT TO THE ABOVE COST SHARING AGREEMENT, THE LEADERSHIP CONFERENCE REIMBURSED THE EDUCATION FUND FOR OFFICER COMPENSATION AS FOLLOWS: VANITA GUPTA: $16,055 COMPENSATION, $842 BENEFITS MONICA WOODS: $27,098 COMPENSATION, $1,981 BENEFITS IN ADDITION, THE LEADERSHIP CONFERENCE REIMBURSED THE EDUCATION FUND FOR KEY EMPLOYEES: $273,211 COMPENSATION, $12,895 BENEFITS AND HIGHEST COMPENSATED EMPLOYEES (HCES): $164,618 COMPENSATION, $2,479 BENEFITS. KEY EMPLOYEES AND HCES ARE INCLUDED FOR DISCLOSURE IN PART VII WHEN TOTAL W-2 COMPENSATION MEETS THE REPORTING GUIDELINES BEFORE ALLOCATING THE LEADERSHIP CONFERENCE'S REIMBURSED PORTION.