2021-12-14T16:23:45-06:00 2021-06-30 941254756 HOOD & STRONG LLP 275 BATTERY STREET STE 900 SAN FRANCISCO CA 94111 990 2020-07-01 943207299 PUBLIC POLICY INSTITUTE OF CALIFORNIA PUBL 4152914400 500 WASHINGTON STREET NO 600 SAN FRANCISCO CA 94111 CYNTHIA SCHERER CHIEF FINANCIAL OFFICER 4152914400 2021-12-13 1 CYNTHIA SCHERER 999009999 MAGA E KISRIEV P01008919 4157810793 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z MARK BALDASSARE 500 WASHINGTON STREET NO 600 SAN FRANCISCO CA 94111 19995176 0 X WWW.PPIC.ORG X 1994 CA INFORM AND IMPROVE PUBLIC POLICY IN CALIFORNIA THROUGH INDEPENDENT, OBJECTIVE, NONPARTISAN RESEARCH 14 13 89 100 797610 0 3614989 4418472 0 0 30387530 8579700 352249 643088 34354768 13641260 0 0 0 0 11885555 12494930 0 0 634759 6793340 6336657 18678895 18831587 15675873 -5190327 303509988 379445881 35867879 35962167 267642109 343483714 X SEE SCHEDULE O 0 0 14072056 0 38 SEE SCHEDULE O 14072056 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 43 0 1 89 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X CYNTHIA SCHERER 4152914400 500 WASHINGTON STREET NO 600 SAN FRANCISCO CA 94111 MARK BALDASSARE PRESIDENT AND CEO 40.00 X X 503516 0 78623 STEVEN A MERKSAMER BOARD CHAIR 1.00 X 0 0 0 MARIA BLANCO DIRECTOR 1.00 X 0 0 0 LOUISE HENRY BRYSON DIRECTOR 1.00 X 0 0 0 A MARISA CHUN DIRECTOR 1.00 X 0 0 0 CHET HEWITT DIRECTOR 1.00 X 0 0 0 PHILLIP ISENBERG DIRECTOR 1.00 X 0 0 0 DAVID MAS MASUMOTO DIRECTOR 1.00 X 0 0 0 LEON E PANETTA DIRECTOR 1.00 X 0 0 0 GERALD L PARKSY DIRECTOR 1.00 X 0 0 0 KIM POLESE DIRECTOR 1.00 X 0 0 0 KAREN SKELTON DIRECTOR 1.00 X 0 0 0 HELEN IRIS TORRES DIRECTOR 1.00 X 0 0 0 GADDI H VARQUEZ DIRECTOR 1.00 X 0 0 0 CYNTHIA SCHERER TREASURER AND CFO 40.00 X 269948 0 61238 EMILY LOESCHINGER SECRETARY 40.00 X 80251 0 13892 ELLEN HANAK VP & DIR OF WATER POLICY CENTER & SENIOR 40.00 X 311307 0 34901 ABIGAIL COOK VP OF COMMS & CHIEF STRATEGY 40.00 X 266058 0 64334 SARAH BOHN VP OF RESEARCH AND SENIOR FELLOW 40.00 X 241870 0 36997 DEBORAH GONZALEZ VP, GOV'T AFFAIRS & CHIEF DATA OFFICER 40.00 X 200543 0 23034 HANS JOHNSON CENTER DIRECTOR AND SENIOR FELLOW 40.00 X 280125 0 75079 MAGNUS LOFSTROM SENIOR FELLOW 40.00 X 190777 0 38674 CAROLINE DANIELSON POLICY DIRECTOR AND SENIOR DIRECTOR 40.00 X 189951 0 22227 ATHENA BREKKE DIRECTOR OF IT 40.00 X 186184 0 28746 LYNETTE UBOIS DIRECTOR OF PUBLICATIONS 40.00 X 186668 0 52234 2907198 0 529979 28 0 1 0 ABT ASSOCIATES 10 FAWCETT STREET CAMBRIDGE MA 02138 SURVEY 839875 IPSOS PUBLIC AFFAIRS LLC PO BOX 360609 PITTSBURGH PA 15251 SURVEY 284909 NOVANI LLC 900 KEARNY STREET SUITE 388 SAN FRANCISCO CA 94133 COMPUTER CONSULTING AND MAINTENANCE 231588 THE REGENTS OF THE UNIVERSITY OF CALIFOR 109 MOSES HALL RM 2370 BERKELEY CA 94720 RESEARCH 138275 RANDSTAD PROFESSIONALS 32462 COLLECTION CENTER DRIVE CHICAGO IL 60693 TEMPORARY STAFFING 114984 8 449652 3968820 53565 4418472 4875206 29287 4845919 3445280 2802230 643050 643050 768323 -125273 7256180 3551686 3704494 3704494 3704494 RESEARCH PUBLICATION 511190 38 38 38 13641260 38 797610 8425140 2186509 1179042 1007467 7721189 6131160 1231758 358271 675089 528019 113056 34014 1279631 896116 318202 65313 632512 484129 123354 25029 91856 8418 83003 435 101654 101654 1643772 1258004 320417 65351 1168979 576891 592088 191773 158127 22058 11588 232788 187694 35963 9131 1022551 900230 78867 43454 8279 5007 2938 334 27505 24860 1697 948 272812 233045 28405 11362 63383 54144 6599 2640 SURVEYS 1138674 1138674 DATA/LIBRARY 188255 182782 5473 PRINTING/PUBLICATIONS 39689 39080 441 168 144687 86634 51332 6721 18831587 14072056 4124772 634759 1899176 2000884 691319 1785653 7327168 1453353 117837 72929 987 1555 1478410 1489034 53922172 31519522 23696108 22402650 219717841 294653326 48168394 55029043 412748 557454 303509988 379445881 2890011 2820412 12705000 12705000 19860120 19879301 412748 557454 35867879 35962167 X 251365551 328593194 16276558 14890520 267642109 343483714 303509988 379445881 -5190327 81031932 0 X 0 1 X 1 0 X 5913642 7534563 14270152 3614989 4418472 35751818 5913642 7534563 14270152 3614989 4418472 35751818 10797398 24954420 2424234 2633991 12084164 10007209 4845919 31995517 0 0 0 0 0 67747335 602 0.36830 0.37220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1216268 380949 1597217 1256396 -40128 1216268 1250878 5517 1256395 1199076 51802 1250878 1087607 111469 1199076 0.00000 1.00000 0.00000 0 0 12015814 12015814 34094055 24021176 10072879 5760415 5608456 151959 2051888 1889890 161998 22402650 2008 ADAMS ST. DIRECT 471648 F 2008 ADAMS ST. US 2377437 F 2008 ADAMS ST. NON US 2141726 F 2006 ADAMS ST. DIRECT 310262 F 2006 ADAMS ST. US 1388920 F 2006 ADAMS ST. NON US 566288 F 2011 ADAMS ST. DIRECT 599979 F 2011 ADAMS ST. US 3867075 F 2011 ADAMS ST. NON US DEV MKT 1846856 F 2011 ADAMS ST. EMERGING MARKETS 1203882 F 2017 ADAMS ST. GLOBAL 9216074 F UBS TRUMBULL 9858756 F PRUDENTIAL REAL ESTATE 21180140 F 55029043 457(B) PLAN LIABILITY 557454 557454 X 92396135 81031932 81031932 11364203 1634007 643050 2277057 13641260 16554530 -643050 -643050 17197580 1634007 1634007 18831587 PART X, LINE 2: PPIC IS QUALIFIED AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE OPERATIONS OF PPIC ARE CURRENTLY CONSIDERED EXEMPT FROM FEDERAL INCOME AND EXCISE TAXES. PART XI, LINE 4B - OTHER ADJUSTMENTS: BUILDING FINANCING COSTS RECLASSIFIED TO REVENUE -396,861. NET INCOME FROM BUILDING OPERATIONS RECLASSIFIED TO REVENUE 1,039,911. PART XII, LINE 2D - OTHER ADJUSTMENTS: BUILDING FINANCING COSTS RECLASSIFIED TO REVENUE 396,861. NET INCOME FROM BUILDING OPERATIONS RECLASSIFIED TO REVENUE -1,039,911. X X X X 0 0 0 0 0 0 0 0 0 MARK BALDASSARE PRESIDENT AND CEO 503516 0 0 0 0 0 33015 0 45608 0 582139 0 0 0 HANS JOHNSON CENTER DIRECTOR AND SENIOR FELLOW 280125 0 0 0 0 0 32799 0 42280 0 355204 0 0 0 ELLEN HANAK VP & DIR OF WATER POLICY CENTER & SE 311307 0 0 0 0 0 33015 0 1886 0 346208 0 0 0 CYNTHIA SCHERER TREASURER AND CFO 269948 0 0 0 0 0 31273 0 29965 0 331186 0 0 0 ABIGAIL COOK VP OF COMMS & CHIEF STRATEGY 266058 0 0 0 0 0 31068 0 33266 0 330392 0 0 0 SARAH BOHN VP OF RESEARCH AND SENIOR FELLOW 241870 0 0 0 0 0 27033 0 9964 0 278867 0 0 0 LYNETTE UBOIS DIRECTOR OF PUBLICATIONS 186668 0 0 0 0 0 19938 0 32296 0 238902 0 0 0 MAGNUS LOFSTROM SENIOR FELLOW 190777 0 0 0 0 0 20377 0 18297 0 229451 0 0 0 DEBORAH GONZALEZ VP, GOV'T AFFAIRS & CHIEF DATA OFFIC 200543 0 0 0 0 0 21182 0 1852 0 223577 0 0 0 ATHENA BREKKE DIRECTOR OF IT 186184 0 0 0 0 0 19585 0 9161 0 214930 0 0 0 CAROLINE DANIELSON POLICY DIRECTOR AND SENIOR DIRECTOR 189951 0 0 0 0 0 20419 0 1808 0 212178 0 0 0 ABIGAIL COOK KEY EMPLOYEE COMPUTER LOAN X 2021 1555 0 0 1 1555 X 4 53565 FMV 0 0 1 0 FORM 990, PART I, LINE 1: THE PUBLIC POLICY INSTITUTE OF CALIFORNIA (PPIC) IS DEDICATED TO INFORMING AND IMPROVING PUBLIC POLICY IN CALIFORNIA THROUGH INDEPENDENT, OBJECTIVE, NONPARTISAN RESEARCH. FORM 990, PART III, LINE 1: PPIC IS A NONPROFIT, NONPARTISAN THINK TANK DEDICATED TO INFORMING AND IMPROVING PUBLIC POLICY IN CALIFORNIA THROUGH RIGOROUS, INDEPENDENT, OBJECTIVE RESEARCH. PPIC IS COMMITTED TO PROVIDING DATA-DRIVEN INFORMATION THAT ENCOURAGES PRODUCTIVE DIALOGUE AND INSPIRES SUSTAINABLE POLICY SOLUTIONS IN SACRAMENTO AND AROUND THE STATE. PPIC'S CENTRAL AUDIENCES ARE CALIFORNIA'S ELECTED OFFICIALS AND POLICYMAKERS AT THE LOCAL, STATE, AND FEDERAL LEVELS. PPIC ALSO INFORMS KEY POLICY INFLUENCERS FROM TRADITIONAL AND SOCIAL MEDIA TO LEADERS IN THE BUSINESS AND NONPROFIT COMMUNITIES. PPIC DOES NOT TAKE OR SUPPORT POSITIONS ON ANY BALLOT MEASURES OR ON ANY LOCAL, STATE, OR FEDERAL LEGISLATION, NOR DOES IT ENDORSE, SUPPORT, OR OPPOSE ANY POLITICAL PARTIES OR CANDIDATES FOR PUBLIC OFFICE. FORM 990, PART III, LINE 4A: PPIC IS COMMITTED TO PROVIDING ESSENTIAL INFORMATION AND FRAMING POLICY DEBATES TO SHAPE A BETTER FUTURE FOR CALIFORNIA. WE IDENTIFY PRACTICAL, FORWARD-LOOKING APPROACHES TO CALIFORNIA'S MOST PRESSING CHALLENGES. OUR PUBLICATIONS RANGE FROM ONE-PAGE FACT SHEETS TO COMPREHENSIVE, IN-DEPTH REPORTS; ALL PUBLICATIONS ARE AVAILABLE ON PPIC'S WEBSITE - PPIC.ORG - FREE OF CHARGE. ON AVERAGE, PPIC PRODUCES 75 PUBLICATIONS PER YEAR. THE PPIC BLOG OFFERS TIMELY COMMENTARY AND ANALYSIS. OUR BLOG PRODUCES A MINIMUM OF 200 POSTS, WHICH ARE WIDELY DISTRIBUTED THROUGH OUR EMAIL MARKETING AND SOCIAL MEDIA CHANNELS. WE REGULARLY BRING LEADERS AND STAKEHOLDERS TOGETHER AT PUBLIC EVENTS TO INSPIRE NEW THINKING AND FIND INNOVATIVE ANSWERS TO CRITICAL POLICY QUESTIONS. WE HOST APPROXIMATELY 30 HIGH-PROFILE EVENTS - BOTH IN-PERSON AND MORE RECENTLY, ONLINE - WITH HUNDREDS OF PARTICIPANTS AT EACH CONVENING. WE ARE ROUTINELY CITED IN NATIONAL AND STATE MEDIA ARTICLES, AVERAGING 10,500 PER YEAR. MORE THAN 2.2 MILLION PAGES ARE VIEWED ON OUR WEBSITE, PPIC.ORG. WE POST APPROXIMATELY 2,800 TIMES ON OUR SOCIAL MEDIA CHANNELS, RESULTING IN 2,600,000 IMPRESSIONS. OUR RESEARCHERS TESTIFY AT MORE THAN 10 LEGISLATIVE HEARINGS, ON AVERAGE, AND PPIC RESEARCH IS CITED THE TEXT OF MORE THAN 100 BILLS OR BILL ANALYSES PER TWO-YEAR LEGISLATIVE CYCLE. PPIC'S WORK IS DEFINED BY THREE STRATEGIC PRIORITIES: IMPROVING OPPORTUNITY FOR CALIFORNIANS - WE ENCOURAGE THE DEVELOPMENT OF POLICIES THAT IMPROVE THE WELL-BEING OF ALL CALIFORNIANS. AREAS OF FOCUS INCLUDE EDUCATION, THE SAFETY NET, CRIMINAL JUSTICE, AND WATER, LAND, AND AIR. UNDERSTANDING CALIFORNIA'S FUTURE - WE ANALYZE KEY DEMOGRAPHIC, ECONOMIC, ENVIRONMENTAL, AND POLITICAL TRENDS TO ANTICIPATE MAJOR CHALLENGES AND IDENTIFY PRACTICAL POLICY SOLUTIONS. INFORMING CIVIC LIFE - OUR STATEWIDE SURVEY PROVIDES A VOICE FOR CALIFORNIANS ON CRITICAL ISSUES AND OUR PUBLIC EVENTS AND ENGAGEMENT WITH NEW AND EMERGING LEADERS ACROSS THE STATE PROMOTE CONSTRUCTIVE DIALOGUE TO HELP REALIZE CALIFORNIA'S POTENTIAL. IN ADDITION, PPIC HOUSES THREE POLICY CENTERS. THE PPIC HIGHER EDUCATION CENTER ADVANCES PRACTICAL SOLUTIONS THAT ENHANCE EDUCATIONAL OPPORTUNITIES FOR ALL OF CALIFORNIA'S STUDENTS - IMPROVING LIVES AND EXPANDING ECONOMIC GROWTH ACROSS THE STATE. THE PPIC STATEWIDE SURVEY PROVIDES A VOICE FOR THE PUBLIC AND LIKELY VOTERS ON CALIFORNIA'S KEY POLICY ISSUES. AND THE PPIC WATER POLICY CENTER SPURS INNOVATIVE WATER MANAGEMENT SOLUTIONS THAT SUPPORT A HEALTHY ECONOMY, ENVIRONMENT, AND SOCIETY. OUR EXTENSIVE OUTREACH ACTIVITIES BRING PPIC'S WORK TO AN EVER-EXPANDING AUDIENCE IN SACRAMENTO AND BEYOND. OUR EVENTS FEATURE VIEWPOINTS ACROSS THE POLITICAL SPECTRUM, PROMOTING CONSTRUCTIVE, THOUGHTFUL, AND RESPECTFUL DIALOGUE ON THE ISSUES THAT MATTER MOST TO CALIFORNIA. THROUGH OUR WEBSITE AND PUBLIC EVENTS, PPIC AIMS TO BE AN INFORMATION RESOURCE FOR ENGAGED CALIFORNIANS ACROSS THE STATE. OUR CENTRAL AUDIENCES ARE CALIFORNIA'S ELECTED OFFICIALS AND POLICYMAKERS AT THE LOCAL, STATE, AND FEDERAL LEVELS. THESE LEADERS ROUTINELY DRAW ON PPIC RESEARCH TO MAKE VITAL POLICY CHOICES ON A WIDE RANGE OF TOPICS. OUR WORK IS REGULARLY CITED IN BILL ANALYSES AND OUR EXPERTS ARE OFTEN INVITED TO TESTIFY BEFORE THE STATE LEGISLATURE AND OTHER GOVERNMENTAL ENTITIES. THE PPIC SACRAMENTO CENTER - LOCATED ACROSS FROM THE STATE CAPITOL - OFFERS OPPORTUNITIES FOR HANDS-ON ENGAGEMENT WITH THE STATE'S POLICY COMMUNITY. THE BECHTEL CONFERENCE CENTER, AT OUR SAN FRANCISCO HEADQUARTERS, PROVIDES A STATE-OF-THE-ART VENUE - AND A NEUTRAL MEETING GROUND - FOR IMPORTANT POLICY DISCUSSIONS AND EVENTS. PPIC RECEIVES GENEROUS SUPPORT FROM FOUNDATIONS, CORPORATIONS, AND INDIVIDUALS. OUR ENDOWMENT ALSO SUPPORTS MANY OF OUR RESEARCH AND OTHER ACTIVITIES. PPIC IS A 501(C)3 PUBLIC CHARITY AND DOES NOT TAKE OR SUPPORT POSITIONS ON ANY BALLOT MEASURES OR ON ANY LOCAL, STATE, OR FEDERAL LEGISLATION, NOR DOES IT ENDORSE, SUPPORT, OR OPPOSE ANY POLITICAL PARTIES OR CANDIDATES FOR PUBLIC OFFICE. PPIC WAS ESTABLISHED IN 1994 WITH AN ENDOWMENT FROM WILLIAM R. HEWLETT. SINCE ITS INCEPTION, PPIC HAS HELPED CALIFORNIA'S LEADERS TO BETTER UNDERSTAND POLICY ISSUES BY PROVIDING THEM WITH NONPARTISAN RESEARCH. MARK BALDASSARE IS PRESIDENT AND CEO AND STEVEN A. MERKSAMER IS CHAIR OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B PPIC'S CFO AND CONTROLLER ARE RESPONSIBLE FOR THE TIMELY PREPARATION OF THE IRS FORM 990. WHEN A DRAFT HAS BEEN COMPLETED, IT IS DISTRIBUTED TO THE AUDIT COMMITTEE OF THE BOARD FOR REVIEW, COMMENTS, AND DISCUSSION. ANY QUESTIONS, CONCERNS AND CHANGES BY THE COMMITTEE ARE PROVIDED TO STAFF FOR INCORPORATION INTO THE FORM 990. THE FULL BOARD IS PROVIDED A COPY OF THE DRAFT FOR REVIEW AND COMMENTS. FORM 990, PART VI, SECTION B, LINE 12C PPIC'S BOARD OF DIRECTORS HAS QUARTERLY MEETINGS TO DISCUSS AND REVIEW FINANCIAL REPORTING AND OTHER GOVERNING AND MANAGEMENT POLICIES. FORM 990, PART VI, SECTION B, LINE 15 PPIC HAS A MANAGEMENT GROUP THAT REVIEWS ALL STAFF EVALUATIONS INCLUDING KEY EMPLOYEES. FOLLOWING MANAGEMENT REVIEW, STAFF COMPENSATION IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AS PART OF THE ANNUAL BUDGET APPROVAL MEETING. THE CEO EVALUATION IS CONDUCTED SEPARATELY BY THE BOARD OF DIRECTORS. THE BOARD MUST APPROVE SALARIES OF THE CEO, CFO, AND VICE PRESIDENT OF RESEARCH. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS INCLUDING THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF TIME SET FORTH IN SEC. 6104(D). ANY INDIVIDUAL WHO WOULD LIKE A COPY SHOULD CONTACT PPIC. AUDITED FINANCIAL STATEMENTS AND THE IRS FORM 990 ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE.