2021-10-01T10:19:41-05:00 2020-12-31 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2020-01-01 360753125 Bank Policy Institute BANK 2022894322 600 13th Street NW No 400 Washington DC 20005 John Court EVP, General Counsel & COO 2022894322 2021-10-01 1 John Court 999009999 Jie Chen CPA P01049760 7038930300 2021-10-01 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Greg Baer 600 13th Street NW No 400 Washington DC 20005 29209755 0 X www.bpi.com X 1994 DC Promotes the business of banking and encourages the development of sound banking and financial policies and practices. 17 17 67 0 611547 560177 1450000 0 27637669 28480625 146462 79321 664971 615186 29899102 29175132 103903 80000 0 0 18574049 19957379 0 0 0 10267693 7098068 28945645 27135447 953457 2039685 25746317 27899988 12390591 12533510 13355726 15366478 X Promotes the business of banking and encourages the development of sound banking and financial policies and practices. 0 1 Identifies impacts of pending legislation and regulation affecting the financial services industry and develops and advocates solutions to major policy concerns. BITS addresses issues at the intersection of financial services, technology and public policy, where industry cooperation serves the public good, such as critical infrastructure protection, fraud prevention, cyber defense and the safety of financial services. 0 0 0 1 0 0 0 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 27 0 1 67 1 1 1 0 0 0 1 1 0 1 0 X 17 17 0 0 0 0 1 1 1 1 1 0 0 1 1 0 1 1 1 1 1 0 DC X Tonny Welling 2022894322 600 13th Street NW Suite 400 Washington DC 20005 Brian Moynihan Chairman (1/20-6/20) Director (7/20-12/20) 1.00 X X 0 0 0 William Demchak Chairman (7/20-12/20) Director (1/20-6/20) 1.00 X X 0 0 0 Andy Cecere Director 1.00 X 0 0 0 Jamie Dimon Director 1.00 X 0 0 0 Curtis C Farmer Director (7/20-12/20) 1.00 X 0 0 0 Michael Corbat Director 1.00 X 0 0 0 Todd Gibbons Director 1.00 X 0 0 0 Beth Mooney Director (1/20-5/20) 1.00 X 0 0 0 Christopher Gorman Director (5/20-12/20) 1.00 X 0 0 0 Kelly King Director 1.00 X 0 0 0 Bharat Masrani Director 1.00 X 0 0 0 Ronald O'Hanley Director 1.00 X 0 0 0 Charlie Scharf Director 1.00 X 0 0 0 Jes Staley Director 1.00 X 0 0 0 Kessel Stelling Director 1.00 X 0 0 0 John M Turner Director 1.00 X 0 0 0 Bruce Van Saun Director 1.00 X 0 0 0 Darryl White Director (7/20-12/20) 1.00 X 0 0 0 Richard Fairbank Director (1/20-6/20) 1.00 X 0 0 0 Greg Carmichael Director (1/20-6/20) 1.00 X 0 0 0 Greg Baer President & CEO 40.00 1.00 X 2629011 0 55206 Kenneth Troshinsky Chief Operating Officer & 40.00 X 237727 0 22987 George Forsberg Chief Financial Officer 40.00 X 99630 0 6279 Kate Childress EVP, Public Affairs 40.00 1.00 X 1047107 0 27589 John Court SVP & General Counsel 40.00 X 719837 0 56769 Chris Feeney EVP & President, BITS 40.00 X 807051 0 63944 Bill Nelson EVP & Chief Economist 40.00 1.00 X 953199 0 30398 Francisco Covas SVP, Head of Research 40.00 X 645962 0 49102 Gregg Rozansky SVP, Sr. Assoc. General Co 40.00 X 579810 0 25650 Michael Lee SVP, Head of Government Re 40.00 X 546205 0 56481 David Wagner SVP, Deputy General Counsel 40.00 X 463912 0 34642 Brett Waxman SVP, Sr. Assoc. General Co 40.00 X 457695 0 46457 9187146 0 475504 47 0 1 0 Sullivan & Cromwell LLP 125 Broad Street New York NY 10004 Consulting 1633615 Covington & Burling 850 10th Street NW Washington DC 20001 Consulting 510500 Narrative Strategies 1401 H Street NW Washington DC 20005 Consulting 292500 The Boston Consulting Group 2 Embarcadero Center 2400 San Francisco CA 94111 Consulting 285000 WilmerHale 1875 Pennsylvania Avenue NW Washington DC 20006 Consulting 164500 7 Membership dues 900099 28456125 28456125 Meetings & conferences 900099 24500 24500 28480625 79321 79321 3639 3639 34623 34623 0 Net unrelated partnership income 518210 611547 611547 611547 29175132 28480625 611547 82960 X 80000 6884343 10303032 974892 692054 1103058 137268 29211 3463853 589675 352737 1550137 114032 129621 457504 75990 Unrelated bus. inc. tax 194349 Other taxes 3691 27135447 18022334 20405146 1073248 1078214 1052267 839500 437886 268127 4370591 2396640 1578260 1973951 1587213 1551258 1995109 1783792 25746317 27899988 8707209 8835568 1641380 1940500 2042002 1757442 12390591 12533510 X 13355726 15366478 13355726 15366478 25746317 27899988 X 2039685 96391 -125324 X 0 1 X 1 0 0 0 0 28456125 1960000 1960000 2497000 -537000 3075794 1568364 1507430 985760 792930 192830 309037 35346 273691 1973951 Investment in fTLD 1551258 F 1551258 Deposits 49913 Assets held under deferred compensation plan 526132 Prepaid pension asset 1207747 1783792 Deferred rent 1231310 Deferred compensation liabilities 526132 1757442 X 29180822 96391 -125324 -28933 29209755 -34623 -34623 29175132 27170070 34623 34623 27135447 0 27135447 Part X, Line 2: Management evaluated the Institute's tax positions and concluded that the Institute's financial statements do not include any uncertain tax positions. Part XI, Line 2d - Other Adjustments: Change in benefit plan obligation -178,217. Book to tax (K-1) 52,893. Part XI, Line 4b - Other Adjustments: Rental expense -34,623. Part XII, Line 2d - Other Adjustments: Rental expense 34,623. 1 Columbia University 420 West 118th Street New York NY 10027 135598093 501(c)(3) 50000 Donation to School of International & Public Affairs Program on Int'l Financial Systems 134 Mount Auburn Street Cambridge MA 02138 822586755 501(c)(3) 5000 Symposium Sponsorship Black Economic Alliance 700 13th St NW Suite 600 Washington DC 20005 824578595 501(c)(4) 25000 2020 Donation for General Support 2 1 Part I, Line 2: The Instiute's management attend monthly meetings with other stakeholders to monitor progress and share its perspective. The Insitute's management also attended policy forums with senior members of congress they've hosted to discuss these issues. X X X X X 0 0 0 Greg Baer President & CEO 623077 0 2000000 0 5934 0 25650 0 29556 0 2684217 0 0 0 Kate Childress EVP, Public Affairs 627818 0 415000 0 4289 0 25650 0 1939 0 1074696 0 0 0 Bill Nelson EVP & Chief Economist 438036 0 510000 0 5163 0 25650 0 4748 0 983597 0 0 0 Chris Feeney EVP & President, BITS 482148 0 310000 0 14903 0 39900 0 24044 0 870995 0 0 0 John Court SVP & General Counsel 378598 0 340000 0 1239 0 25650 0 31119 0 776606 0 0 0 Francisco Covas SVP, Head of Research 414558 0 230000 0 1404 0 19546 0 29556 0 695064 0 0 0 Gregg Rozansky SVP, Sr. Assoc. General Co 358613 0 220000 0 1197 0 25650 0 0 0 605460 0 0 0 Michael Lee SVP, Head of Government Re 361712 0 183000 0 1493 0 25362 0 31119 0 602686 0 0 0 Brett Waxman SVP, Sr. Assoc. General Co 269089 0 188028 0 578 0 20368 0 26089 0 504152 0 0 0 David Wagner SVP, Deputy General Counsel 311902 0 149519 0 2491 0 19978 0 14664 0 498554 0 0 0 Kenneth Troshinsky Chief Operating Officer & 225717 0 10000 0 2010 0 11724 0 11263 0 260714 0 0 0 Form 990, Part III, line 3 The Housing Policy Council is no longer a part of BPI. Form 990, Part VI, Section A, line 6 The Institute's membership is reserved for for-profit companies delivering integrated financial services within the United States. The Institute's Nominating Committee, comprised of representatives of the membership, has the authority to nominate Board members for election. Form 990, Part VI, Section A, line 7a The Institute's directors are elected by the membership. Form 990, Part VI, Section A, line 7b Any amendments to the Insitute's Bylaws are required to be approved by the membership. Form 990, Part VI, Section B, line 11b The 990 is prepared by the Institute's outside auditors. It is then reviewed by the CFO and the CEO and a draft is circulated to the Board of Directors prior to filing. Form 990, Part VI, Section B, line 12c The conflict of interest policy is distributed to officers, executive employees, and key employees for self-disclosure. Individuals are required to disclose any potential conflicts to the CEO and/or General Counsel, who will assess the facts and take the appropriate actions. Form 990, Part VI, Section B, line 15 An annual salary survey is prepared by the Institute's outside auditors using data gleaned from comparable trade associations. The survey is reviewed by the Chairman and the Compensation Committee who then decide on a compensation amount. The decision is documented and a copy is retained in the personnel file. 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 VI, Section B, Line 12b: BPI has a conflicts of interest policy that applies to all officers and employees, and all suchindividuals are required to certify compliance at time of commencement of employment and annually thereafter. Individuals are required to disclose any potential conflicts to BPI's CEO and/or General Counsel, who will assess the facts and take the appropriate action. Separately, BPI's bylaws address conflicts of interest for members of BPI's board of directors, but BPI does not require directors to certify compliance." Form 990, Part IX, line 11g Consulting 3,414,508. Professional development 26,506. Payroll processing 22,839. Form 990, Part XI, line 9: Change in benefit plan obligation -178,217. Book to tax (K-1) 52,893. Bank Policy Institute PAC 600 13th Street NW Suite 400 Washington DC 20005 530242039 Political Action Committee DC 527 Bank Policy Institute 1 Bank Policy Institute Foundation 600 13th Street NW Suite 400 Washington DC 20005 262353925 Grants and scholarships DC 501(c)(3) Section 170(b)(1)(A) Bank Policy Institute 1 fTLD Registry Services LLC 1120 Connecticut Avenue NW Washington DC 20036 454083790 Operate financial services TLDs to promote safety and security. DE N/A Unrelated 0 1 0.33330 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0