2021-09-23T10:13:01-05:00 2020-12-31 721088864 LAPORTE APAC 111 VETERANS MEMORIAL BLVD 600 METAIRIE LA 700054958 990 2020-01-01 720408914 BUREAU OF GOVERNMENTAL RESEARCH INC BURE 5045254152 1055 ST CHARLES AVE NO 200 NEW ORLEANS LA 70130 AMY GLOVINSKY PRESIDENT & CEO 5045254152 2021-08-27 1 AMY GLOVINSKY 999009999 JOHN S WILES CPA P01222673 5048355522 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z AMY GLOVINSKY 1055 ST CHARLES AVE NO 200 NEW ORLEANS LA 70130 2583678 0 X WWW.BGR.ORG X 1932 LA THE BUREAU OF GOVERNMENTAL RESEARCH IS A PRIVATE, NONPROFIT, INDEPENDENT (CONT'D ON SCH. O) RESEARCH ORGANIZATION DEDICATED TO INFORMED PUBLIC POLICY MAKING AND THE EFFECTIVE USE OF PUBLIC RESOURCES FOR THE IMPROVEMENT OF GOVERNMENT IN THE GREATER NEW ORLEANS METROPOLITAN AREA. 31 31 8 31 0 0 975838 1820945 0 0 399038 463405 -10528 -972 1364348 2283378 0 0 0 0 842353 913041 0 0 117425 223232 203157 1065585 1116198 298763 1167180 8675685 10259324 28614 19608 8647071 10239716 X THE BUREAU OF GOVERNMENTAL RESEARCH IS A PRIVATE, NONPROFIT, INDEPENDENT RESEARCH ORGANIZATION DEDICATED TO INFORMED PUBLIC POLICY MAKING AND THE EFFECTIVE USE OF PUBLIC RESOURCES FOR THE IMPROVEMENT OF GOVERNMENT IN THE NEW ORLEANS METROPOLITAN AREA. 0 0 793922 MONITORING AND REPORTING ON LOCAL GOVERNMENT ISSUES: IN 2020, BGR PUBLISHED A TOTAL OF 11 REPORTS AND RELEASES INCLUDING: LEARNING CURVE: A GUIDE TO NAVIGATING SCHOOL FUNDING IN NEW ORLEANS' UNIFIED DISTRICT; CONVENTIONAL WISDOM: PAUSING THE CONVENTION CENTER HOTEL DEAL TO ASSESS THE PANDEMIC'S IMPACT AND REDUCE PUBLIC COSTS; BGR NOW: REVITALIZING NEW ORLEANS' OFFICE OF THE INSPECTOR GENERAL; ON THE BALLOT REPORTS TO INFORM VOTERS ABOUT SIGNIFICANT PROPOSITIONS INCLUDING NEW ORLEANS PROPERTY TAX PROPOSITIONS, A JEFFERSON PARISH TAX RENEWAL FOR THE INSPECTOR GENERAL, AND A FRENCH QUARTER SALES TAX RENEWAL FOR SUPPLEMENTAL SAFETY PATROLS. IN ADDITION, BGR RELEASED POLICYWATCH NEWSLETTERS, WHICH APPLY EXISTING RESEARCH TO NEW AND EMERGING PUBLIC POLICY ISSUES, INCLUDING PROPERTY ASSESSMENTS AND (CONTINUED ON SCH. O) TAX AND BUDGET ISSUES - TOPICS THAT AFFECT CITIZENS IN EVERY PART OF THE COMMUNITY. IN 2020, BGR'S RESEARCH STAFF MONITORED MORE THAN 70 STATE AND LOCAL GOVERNMENT AGENCIES, INCLUDING THE NEW ORLEANS CITY COUNCIL AND ITS COMMITTEES, BGR ALSO MONITORED THE LOUISIANA LEGISLATURE TO IDENTIFY BILLS OF LOCAL SIGNIFICANCE. ONCE RESEARCH IS COMPLETED, BGR PURSUES IMPLEMENTATION OF RECOMMENDATIONS, SOMETIMES OVER THE COURSE OF MANY YEARS. IT DOES SO BY REVISITING ISSUES IN FOLLOW-UP PUBLICATIONS AND THROUGH OUTREACH EFFORTS AIMED AT THE PUBLIC, CITIZENS GROUPS, THE MEDIA AND PUBLIC OFFICIALS. BGR'S MOST RECENT ASSESSMENT OF ITS EFFECTIVENESS CONCLUDED THAT, OVER THE PRECEDING DECADE, POLICYMAKERS IMPLEMENTED BGR'S RECOMMENDATIONS TO SOME DEGREE IN 13 OUT OF 16 AREAS OF KEY CONCERN.ADDITIONAL INDICATORS OF BGR'S IMPACT INCLUDE NEWS ARTICLES AND REPORTS SPECIFICALLY MENTIONING BGR; NEWS ARTICLES AND REPORTS ON A TOPIC THAT HAVE BEEN BROUGHT TO THE PUBLIC'S ATTENTION BY BGR; HITS TO A REPORT ON BGR'S WEBSITE; SHARING AND COMMENTARY ON SOCIAL MEDIA PLATFORMS; AND REQUESTS TO SPEAK OR COMMENT ON A SUBJECT. IN 2020, BGR WAS MENTIONED 73 TIMES IN THE PRESS. SINCE 1938, BGR HAS BEEN HONORED BY THE GOVERNMENTAL RESEARCH ASSOCATION (GRA) FOR ITS WORK. THE 2020 AWARDS PROGRAM WAS CANCELLED DUE TO THE COVID PANDEMIC. IN 2019, BGR WAS RECOGNIZED BY ITS NATIONAL PEERS FOR THE 13TH YEAR IN A ROW, WHEN THE GRA BESTOWED NATIONAL RECOGNITION ON BGR, HONORING ITS WORK IN TWO SEPARATE CATEGORIES. BGR RECEIVED AN OUTSTANDING POLICY ACHIEVEMENT AWARD FOR WORK TO IMPROVE THE JEFFERSON PARISH SCHOOL BOARD'S EMPLOYEE PAY RAISE TAX PROPOSITION. JEFFERSON PARISH PUBLIC SCHOOL SYSTEM OFFICIALS USED BGR'S CRITICISMS OF THEIR FAILED 2017 ATTEMPT AT A PAY RAISE TAX TO RETHINK THEIR PROPOSAL. THEY RETURNED IN 2019 WITH A MORE STRATEGIC, COST-EFFECTIVE TAX PROPOSAL THAT EARNED BGR'S AND VOTERS' SUPPORT. THE NEW TAX WILL HELP THE SCHOOL SYSTEM MEET ITS HIGHEST-PRIORITY PERSONNEL NEEDS. BGR ALSO EARNED THE AWARD FOR MOST DISTINGUISHED RESEARCH FOR ITS 2019 REPORT THE LOST PENNY: AN ANALYSIS OF THE ORLEANS PARISH HOTEL TAX STRUCTURE. THE REPORT PRESENTED A COMPREHENSIVE PICTURE OF THE SOURCES AND USES OF $200 MILLION IN HOTEL TAX DOLLARS IN ORLEANS PARISH. IT FOCUSED PRIMARILY ON THE SHARE FOR THE CITY OF NEW ORLEANS, WHICH HAD A 1% HOTEL TAX SUSPENDED BY STATE LAW FOR MORE THAN 50 YEARS. THIS "LOST PENNY" OF HOTEL TAX DEPRIVED THE CITY OF $12.3 MILLION A YEAR. THE REPORT ALSO COMPARED THE ORLEANS PARISH HOTEL TAX STRUCTURE TO BEST PRACTICES FOR TAXATION AS WELL AS STATE AND NATIONAL NORMS. IN JUNE 2019, CONSISTENT WITH BGR'S RECOMMENDATION, THE LOUISIANA STATE LEGISLATURE ENDED THE SUSPENSION OF THE TAX, EFFECTIVE JULY 1, 2019.THE POPULATION SERVED BY THIS WORK INCLUDES JEFFERSON, ORLEANS, AND ST. TAMMANY PARISHES. BASED ON 2019 US CENSUS DATA ESTIMATE, THE POTENTIAL REACH OF BGR'S MONITORING AND REPORTING IS THE APPROXIMATELY 1,083,056 REGIONAL POPULATION. 888 BREAKFAST BRIEFINGS: BGR'S BREAKFAST BRIEFINGS ARE PUBLIC FORUMS WHERE CITIZENS CAN HEAR FROM EXPERTS AND DECISION-MAKERS ON MAJOR PUBLIC POLICY ISSUES. THESE EVENTS FOSTER CITIZEN ENGAGEMENT AND AN INFORMED PUBLIC POLICY DIALOGUE, KEY COMPONENTS OF BGR'S MISSION AND ESSENTIAL INGREDIENTS FOR EFFECTIVE GOVERNMENT. IN 2020, BGR PRESENTED FOUR VIRTUAL BREAKFAST BRIEFINGS. THEY INCLUDED JOHN WHITE, FORMER STATE SUPERINTENDENT OF EDUCATION AND THE NATION'S LONGEST SERVING EDUCATION CHIEF, PROVIDING INSIGHTS TO INFORM THE FUTURE OF PUBLIC EDUCATION; NEW ORLEANS POLICE SUPERINTENDENT SHAUN FERGUSON WITH KENNETH A. POLITE, JR., FORMER U.S. ATTORNEY FOR THE EASTERN DISTRICT OF LOUISIANA, DISCUSSING THE FUTURE OF POLICING IN NEW ORLEANS ; NEW ORLEANS MAYOR LATOYA CANTRELL, DISCUSSING NEW ORLEANS' BUDGET,(CONTINUED ON SCH. O) INFRASTRUCTURE, AND POLICY PRIORITIES; AND JEFFERSON PARISH PRESIDENT CYNTHIA LEE SHENG, WHO REFLECTED ON MANAGING THE PANDEMIC IN 2020 AND ALSO DISCUSSED FUTURE PRIORITIES. THIS SERIES BUILT UPON BGR'S CORE WORK OF MONITORING AND REPORTING, WHILE ENGAGING MORE THAN 250 CITIZENS AT EACH EVENT. THE BREAKFAST BRIEFING SERIES BRINGS PRESSING ISSUES DIRECTLY TO THE CITIZENS OF THE GREATER NEW ORLEANS AREA AND ALLOWS THEM TO ENGAGE WITH LEADERS AND DECISION-MAKERS. BGR INCREASES ACCESS TO THE EVENTS BY VIDEO RECORDING THE PRESENTATIONS AND POSTING THEM ONLINE FOLLOWING EACH BREAKFAST BRIEFING. THESE EVENTS ATTRACT MEDIA COVERAGE, FURTHER INCREASING THE PLATFORM AND PUBLIC AWARENESS OF THE ISSUES DISCUSSED AND OF BGR'S WORK. EXCELLENCE IN GOVERNMENT AWARDS: ESTABLISHED IN 1994, BGR HOLDS A BIENNIAL CEREMONY TO RECOGNIZE GOVERNMENT EMPLOYEES FOR OUTSTANDING PERFORMANCE AND CREATIVE PROBLEM SOLVING. IT ALSO RECOGNIZES PRIVATE CITIZENS WHO HAVE MADE OUTSTANDING CONTRIBUTIONS TO LOCAL GOVERNMENT. AT THE 2020 EXCELLENCE IN GOVERNMENT AWARDS, BGR HONORED ONE CITIZEN AND FIFTEEN EXCEPTIONAL PUBLIC EMPLOYEES FROM JEFFERSON AND ORLEANS PARISHES, AS WELL AS ONE PUBLIC EMPLOYEE FROM THE STATE OF LOUISIANA. THERE ARE FOUR AWARD CATEGORIES: THE MERIT AWARD RECOGNIZES OUTSTANDING PERFORMANCE BY PUBLIC SECTOR EMPLOYEES; THE INNOVATION AWARD RECOGNIZES EMPLOYEES WHO HAVE USED INNOVATIVE SOLUTIONS TO SOLVE PRESSING PROBLEMS; THE LIFETIME ACHIEVEMENT AWARD RECOGNIZES SUSTAINED PERFORMANCE OVER A CAREER IN PUBLIC SERVICE; AND (CONTINUED ON SCH. O) THE CITIZENSHIP AWARD RECOGNIZES A PRIVATE CITIZEN WHO HAS WORKED TO IMPROVE THE QUALITY OF GOVERNMENT. AWARDS IN 2020 RECOGNIZED THE FORMER LOUISIANA SUPERINTENDENT OF EDUCATION, FOR HIS INITIATIVES AS SUPERINTENDENT FOR CURRICULUM REFORMS, CAREER AND TECHNICAL EDUCATION AND FINANCIAL AID APPLICATIONS; A TEAM OF JEFFERSON PARISH JUVENILE SERVICES EMPLOYEES FOR ITS OUTSTANDING ADMINISTRATION OF THE ALTERNATIVES TO DETENTION PROGRAM; A TEAM OF CITY OF NEW ORLEANS EMPLOYEES FOR ITS OUTSTANDING PERFORMANCE IN SECURING STATE LEGISLATIVE APPROVAL FOR THE FAIR SHARE FUNDING INITIATIVE; THE CEO/HEAD OF SCHOOL FOR KENNER DISCOVERY HEALTH SCIENCES ACADEMY AND DR. JOHN OCHSNER DISCOVERY HEALTH SCIENCES ACADEMY, FOR HER WORK TO SECURE CONSTRUCTION FINANCING FOR THE TWO ACADEMIES; THE DIRECTOR OF BUSINESS SERVICES, CITY OF NEW ORLEANS OFFICE OF ECONOMIC DEVELOPMENT, FOR HIS OUTSTANDING CAREER OF PUBLIC SERVICE TO THE CITY OF NEW ORLEANS; THE CEO OF NEW ORLEANS BUILDING CORPORATION, FOR HER OUTSTANDING CAREER OF PUBLIC SERVICE TO THE CITY OF NEW ORLEANS; AND EARLY CHILDHOOD CARE AND EDUCATION ADVOCATE AND FOUNDER OF THE LOUISIANA POLICY INSTITUTE FOR CHILDREN, FOR HER WORK TO IMPROVE EARLY CARE AND EDUCATION IN LOUISIANA. DUE TO THE PANDEMIC IN 2020, BGR REFORMATTED THE EXCELLENCE IN GOVERNMENT AWARDS EVENT, BY COLLABORTING WITH NEW ORLEANS PUBLIC TELEVISION (WYES-TV) TO RECORD, PRODUCE AND BROADCAST (WITH ONE ADDITIONAL REBROADCAST) THE PROGRAM. THE 2020 PRODUCTION INCLUDED IN-DEPTH PROFILES ON EACH HONOREE, CREATING BROADER VISIBILITY AND UNDERSTANDING OF THE EXTRAORDINARY WORK OF HONOREES. BGR'S EXCELLENCE IN GOVERNMENT PROGRAM MOTIVATES PUBLIC SECTOR ACHIEVEMENT AND CITIZEN ENGAGEMENT, WHICH ALIGNS WITH BGR'S MISSION AND BENEFITS THE COMMUNITY AT LARGE. 794810 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 7 0 1 8 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 31 31 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 LA X X SELVA RIEMANN 5045254152 1055 ST CHARLES AVENUE SUITE 200 NEW ORLEANS LA 70130 HARDY B FOWLER PAST CHAIRMAN 4.00 X X 0 0 0 LUDOVICO FEOLI CHAIRMAN 10.00 X X 0 0 0 H MERRITT LANE III SECRETARY 4.00 X X 0 0 0 NORMA GRACE VICE CHAIRMAN 4.00 X X 0 0 0 MAUREEN CLARY TREASURER 4.00 X X 0 0 0 KELLY R BROWN ASSISTANT SECRETARY 4.00 X X 0 0 0 ANNE P BANOS ASSISTANT TREASURER 4.00 X X 0 0 0 TARA ADAMS MEMBER 2.00 X 0 0 0 GARY L LORIO MEMBER 2.00 X 0 0 0 CHRISTINE ALBERT MEMBER 2.00 X 0 0 0 SUSAN G BRENNAN MEMBER 2.00 X 0 0 0 TODD MCDONALD MEMBER 2.00 X 0 0 0 GRAHAM RALSTON MEMBER 2.00 X 0 0 0 VANESSA CLAIBORNE MEMBER 2.00 X 0 0 0 HUNTER G HILL EXECUTIVE COMMITTEE 4.00 X 0 0 0 CHARLES WEST MEMBER 2.00 X 0 0 0 BLAKE J STANFILL MEMBER 2.00 X 0 0 0 DENNIS WOLTERING MEMBER 2.00 X 0 0 0 CHARMAINE CACCIOPPI MEMBER 2.00 X 0 0 0 LEAH N ENGELHARDT MEMBER 2.00 X 0 0 0 MELISSA SAWYER MEMBER 2.00 X 0 0 0 STEVEN W USDIN EXECUTIVE COMMITTEE 4.00 X 0 0 0 JENNIFER ROBERTS MEMBER 2.00 X 0 0 0 ANDREA CHEN MEMBER 2.00 X 0 0 0 LOUIS M FREEMAN EXECUTIVE COMMITTEE 4.00 X 0 0 0 ALEX GERSHANIK MEMBER 2.00 X 0 0 0 ANDREW R LEE MEMBER 2.00 X 0 0 0 JENNIFER MEDBERY MEMBER 2.00 X 0 0 0 JENNIFER M NEIL MEMBER 2.00 X 0 0 0 JESSIE HAYNES MEMBER 2.00 X 0 0 0 LARRY WASHINGTON MEMBER 2.00 X 0 0 0 AMY L GLOVINSKY PRESIDENT/CEO 40.00 X 237701 0 14047 STEPHEN B STUART VP & RESEARCH DIRECTOR 40.00 X 104500 0 8529 342201 0 22576 2 0 1 0 0 439404 80000 139541 1162000 15764 1820945 266084 266084 496649 299328 197321 197321 197321 0 80000 972 -972 -972 2283378 0 0 462433 237701 170194 38032 29475 556242 398269 88999 68974 8215 5882 1314 1019 59751 42782 9560 7409 51132 36611 8181 6340 35430 35430 18407 18407 305 305 813 765 24 24 9026 8484 271 271 20600 19364 618 618 55374 52052 1661 1661 8480 8480 10549 9917 316 316 4558 4284 137 137 EVENT EXPENSES 18335 18335 0 0 DUES AND SUBSCRIPTIONS 12916 12916 0 0 MISCELLANEOUS 3692 2670 85 937 STAFF DEVELOPMENT 1298 929 208 161 3374 2571 720 83 1116198 794810 203963 117425 398693 629341 57156 55459 32850 1021560 16560 90604 37310 19108 99548 84347 23823 15201 8109293 8428051 8675685 10259324 28364 19108 250 500 28614 19608 X 867054 958010 7780017 9281706 8647071 10239716 8675685 10259324 1167180 425465 0 X X 0 1 X 1 0 X 795536 1037251 2969100 975838 1813295 7591020 795536 1037251 2969100 975838 1813295 7591020 4072892 3518128 85893 119642 136163 209823 266084 817605 8408625 76056 0.41840 0.48840 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 741 741 807968 808709 146306 36577 0 0 117744 141567 145438 146306 551055 826583 1395 2454 3519 741 8109 29436 35392 36360 36577 137765 206648 7739943 1000000 868752 -352939 9255756 6787404 1077539 -125000 7739943 5096005 2001000 -309601 6787404 4604261 1000 590744 88745 11255 5096005 4508390 15999 280271 190000 10399 4604261 0.56200 0.43800 1 0 99548 84347 15201 15201 X 2710115 425465 19157 -17885 426737 2283378 0 2283378 1117470 19157 522 19679 1097791 18407 18407 1116198 PART V, LINE 4: BGR'S ENDOWMENTS CONSIST OF DONOR RESTRICTED GNOF INVESTMENT POOL FUND AND THE JANET HOWARD CHAIR IN GOVERNMENTAL RESEARCH ENDOWMENT FUND (HOWARD CHAIR), AND THE BGR ENDOWMENT FUND CREATED BY BGR. GNOF INVESTMENT POOL FUND IS MAINTAINED AND MANAGED BY THE GNOF WITHIN THEIR INVESTMENT POOL. THE FUND IS INVESTED BY GNOF WITH AN ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THESE ENDOWMENT ASSETS OVER THE LONG-TERM. ANNUAL DISTRIBUTIONS OF INCOME FROM THE GNOF INVESTMENT POOL FUND, AS DETERMINED BY THE BOARD OF TRUSTEES OF GNOF ARE PROVIDED TO BGR. BGR'S BOARD OF DIRECTORS THEN DECIDES TO EITHER USE THE FUNDS FOR OPERATIONS OF BGR OR TO INVEST IN ONE OF ITS ENDOWMENT FUNDS. BGR CREATED THE BGR ENDOWMENT FUND IN 2007. THE INVESTMENT OBJECTIVE OF THE BGR ENDOWMENT FUND IS TO EMPHASIZE TOTAL RETURN. SPECIFICALLY, THE PRIMARY OBJECTIVE IS TO EMPHASIZE LONG-TERM GROWTH OF PRINCIPAL WHILE AVOIDING EXCESSIVE RISK. THE SECONDARY OBJECTIVE IS TO ACHIEVE RETURNS IN EXCESS OF THE RATE OF INFLATION PLUS SPENDING OVER THE INVESTMENT HORIZON IN ORDER TO PRESERVE THE PURCHASING POWER OF THE FUND'S ASSETS. RISK CONTROL IS AN IMPORTANT ELEMENT IN THE INVESTMENT OF THE FUND ASSETS. IN 2015, A DONOR CREATED THE HOWARD CHAIR. THE INVESTMENT OBJECTIVE OF THE BGR ENDOWMENT FUND IS TO EMPHASIZE TOTAL RETURN. SPECIFICALLY, THE PRIMARY OBJECTIVE IS TO EMPHASIZE LONG-TERM GROWTH OF PRINCIPAL WHILE AVOIDING EXCESSIVE RISK. THE SECONDARY OBJECTIVE IS TO ACHIEVE RETURNS IN EXCESS OF THE RATE OF INFLATION PLUS SPENDING OVER THE INVESTMENT HORIZON IN ORDER TO PRESERVE THE PURCHASING POWER OF THE FUND'S ASSETS. SUCH DISTRIBUTABLE FUNDS SHALL BE USED TO COVER THE EXPENSES OF A SPEAKER AT BGR'S ANNUAL LUNCHEON, HENCEFORTH TO BE RECOGNIZED AS THE JANET HOWARD SPEAKER SERIES IN GOVERNMENTAL RESEARCH. IN 2018, A DONOR PROMISED TO GIVE $2,000,000 TO ENDOW THE SAMUEL ZEMURRAY CHAIR IN RESEARCH LEADERSHIP. THE INVESTMENT OBJECTIVES OF THE ZEMURRAY CHAIR ENDOWMENT FUND ARE TO EMPHASIZE TOTAL RETURN. SPECIFICALLY, THE PRIMARY OBJECTIVE IS TO EMPHASIZE LONG-TERM GROWTH OF PRINCIPAL WHILE AVOIDING EXCESSIVE RISK. SHORT-TERM VOLATILITY WILL BE TOLERATED IN AS MUCH AS IT IS CONSISTENT WITH THE VOLATILITY OF COMPARABLE CAPITAL MARKET BENCHMARKS. THE SECONDARY OBJECTIVE IS TO ACHIEVE RETURNS IN EXCESS OF THE RATE OF INFLATION PLUS SPENDING OVER THE INVESTMENT HORIZON IN ORDER TO PRESERVE THE PURCHASING POWER OF THE FUND'S ASSETS. RISK CONTROL IS AN IMPORTANT ELEMENT IN THE INVESTMENT OF THE FUND ASSETS. SUCH DISTRIBUTABLE FUNDS SHALL BE USED TO SUPPORT THE SALARY FOR THE POSITION OF BGR'S PRESIDENT AND CEO, WHICH POSITION SHALL HEREAFTER PERMANENTLY BEAR THE TITLE OF THE SAMUEL ZEMURRAY CHAIR IN RESEARCH LEADERSHIP IN ALL AND EVERY REFERENCE TO IT. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ENTITY IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. BGR BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES, IF ANY, WOULD BE INCLUDED IN INCOME TAX EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSES 522. INVESTMENT FEES -18,407. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSES 522. ANNUAL LUNCHEON 80000 80000 972 80000 80000 972 972 -972 X X X 0 0 0 0 0 0 0 0 0 AMY L GLOVINSKY PRESIDENT/CEO 237701 0 0 0 0 0 7550 0 6497 0 251748 0 0 0 LUIS ZERVIGON FORMER BGR BOARD MEMBER IS A PART OWNER OF ORGANIZATION 18407 CRESCENT CAPITAL RECEIVED $18,407 FOR MANAGING BGR'S 75TH ANNIVERSARY FUND, JHC ENDOWMENT FUND, AND ZEMURRAY FUND IN 2020. ONE OF BGR'S FORMER BOARD MEMBERS, LUIS ZERVIGON, IS A PART OWNER. LUIS ZERVIGON WAS NOT ON THE BOARD WHEN BGR ENTERED INTO THE RELATIONSHIP. THE FINANCIAL ADVISOR WAS CHOSEN THROUGH AN ARMS-LENGTH PROCESS UTILIZING AN RFP/RFQ. THE BOARD MEMBER'S TERM EXPIRED AT THE END OF 2016. 0 FORM 990, PART VI, SECTION A, LINE 2 HARDY FOWLER SERVES AS A BOARD MEMBER OF HANCOCK WHITNEY BANK. GARY LORIO IS A HANCOCK WHITNEY EXECUTIVE. MERRITT LANE HAS AN OCCASIONAL BUSINESS RELATIONSHIP WITH GARY LORIO AT HANCOCK WHITNEY BANK. MERRITT LANE HAS AN OCCASIONAL BUSINESS RELATIONSHIP WITH ANDREW LEE, BY OCCASSIONALLY RETAINING JONES WALKER. MERRITT LANE HAS AN OCCASIONAL BUSINESS RELATIONSHIP WITH HARDY FOWLER WHO IS AN ADVISOR TO THE BOARD FOR MERRITT'S COMPANY. MERRITT LANE HAS AN OCCASIONAL BUSINESS RELATIONSHIP WITH VANESSA CLAIBORNE WHO IS CONNECTED WITH CHAFFE & ASSOCIATES. FORM 990, PART VI, SECTION A, LINE 2 HUNTER HILL IS MARKET PRESIDENT OF AN ENTITY THAT HAS OCCASSIONAL BUSINESS RELATIONSHIPS WITH LUDOVICO FEOLI, LOUIS FREEMAN, MELISSA SAWYER, & STEVE USDIN. JENNIFER ROBERTS HAS AN OCCASIONAL BUSINESS RELATIONSHIP WITH MERRITT LANE, A TRUSTEE OF BCM, AN ORGANIZATION THAT PROVIDES FUNDING TO AGENDA FOR CHILDREN. JENNIFER ROBERTS SERVES AS PRESIDENT OF AGENDA FOR CHILDREN. FORM 990, PART VI, SECTION A, LINE 6 BGR HAS MEMBERS WHO PROVIDE FINANCIAL SUPPORT TO THE ORGANIZATION ALLOWING FOR THE ORGANIZATION TO PRESERVE ITS INDEPENDENCE. CONSISTENT WITH BGR'S BYLAWS, MEMBERS HAVE VOTING PRIVILEGES AT BGR'S ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7A BGR HAS MEMBERS WHO PROVIDE FINANCIAL SUPPORT TO THE ORGANIZATION ALLOWING FOR THE ORGANIZATION TO PRESERVE ITS INDEPENDENCE. CONSISTENT WITH BGR'S BYLAWS, MEMBERS HAVE VOTING PRIVILEGES AT BGR'S ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B UPON COMPLETION OF THE FINAL DRAFT OF FORM 990 BY BGR'S AUDITORS,THE PRESIDENT & CEO, AMY GLOVINSKY, AND THE FINANCE COMMITTEE REVIEW THE FORM 990. COPIES ARE PROVIDED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C BGR HAS A CONFLICT OF INTEREST POLICY AND AN ETHICS POLICY STATEMENT IT REQUIRES ALL BOARD MEMBERS AND EMPLOYEES TO REVIEW AND ACKNOWLEDGE BY SIGNATURE. THE CONFLICT OF INTEREST POLICY REQUIRES DISCLOSURE OF ANY FINANCIAL INTEREST IN THE SUBJECT MATTER OF BGR'S RESEARCH AND REPORTING OR IN THE OPERATION OF ITS ORGANIZATION. THE ETHICS POLICY STATEMENT REQUIRES RECUSAL FOR REAL OR PERCEIVED CONFLICTS OF INTEREST AND PRESCRIBES THE PROCESS BY WHICH CONFLICTS ARE DISCLOSED, REPORTED, AND ADJUDICATED BY THE APPROPRIATE OFFICER OR STAFF MEMBER. IT ALSO IMPOSES THE DUTY OF CONFIDENTIALITY FOR INTERNAL INFORMATION AND PROHIBITS EMPLOYEE POLITICAL ACTIVITY. BGR IMPLEMENTED THESE POLICIES TO SAFEGUARD THE CREDIBILITY, OBJECTIVITY, INDEPENDENCE AND NONPARTISAN CHARACTERISTICS OF ITS WORK PRODUCT AND TO ENSURE THE HIGHEST LEVELS OF INTEGRITY IN ITS POLICY ANALYSIS AND RECOMMENDATIONS. FORM 990, PART VI, SECTION B, LINE 15 INDEPENDENT MEMBERS OF THE EXECUTIVE COMMITTEE SET THE COMPENSATION OF THE PRESIDENT & CEO BASED ON ADVICE OF THE EXECUTIVE COMMITTEE. THIS ADVICE IS BASED ON COMPARABLE DATA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES ITS FORM 990 UPON REQUEST AND IT IS ALSO AVAILABLE ON WWW.GUIDESTAR.ORG. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.