2020-03-25T13:50:51-05:00 2019-06-30 410746749 CLIFTONLARSONALLEN LLP 901 N GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2018-07-01 221905062 MARINE CORPS SCHOLARSHIP FOUNDATION INC MARI 7035490060 909 N WASHINGTON STREET NO 400 ALEXANDRIA VA 22314 ROBERT R RUARK PRESIDENT & CHIEF EXECUTIVE OFFICER 7035490060 2020-03-25 1 MICHAELA CROMAR P00895728 5712279500 2020-03-17 67.137.57.251 2020-03-25 11:43:14 ED P 1938324BD4D887D076751857843371B82258E98C DFE28471C993C14382B776095CFB395F51D4BA2F 2018 2021-01-29 14:40:06Z ROBERT R RUARK 909 N WASHINGTON STREET NO 400 ALEXANDRIA VA 22314 41463581 0 X WWW.MCSF.ORG X 1962 NJ TO HONOR MARINES BY EDUCATING THEIR CHILDREN. 30 29 41 404 0 0 7109573 15457151 0 0 2074999 2811724 -1291473 725722 7893099 18994597 6957375 8223262 0 0 1650521 3583177 313475 492513 4063616 1773088 3776598 10694459 16075550 -2801360 2919047 113298458 119106857 9148553 10102814 104149905 109004043 X SEE SCHEDULE O.FOUNDED IN 1962, THE MARINE CORPS SCHOLARSHIP FOUNDATION IS THE COUNTRY'S OLDEST AND LARGEST PROVIDER OF NEED-BASED SCHOLARSHIPS TO MILITARY CHILDREN. FOR MORE THAN 55 YEARS, WE'VE BEEN PROVIDING ACCESS TO AFFORDABLE EDUCATION FOR THE CHILDREN OF MARINES AND NAVY CORPSMAN ATTENDING POST-HIGH SCHOOL, UNDER-GRADUATE AND CAREER TECHNICAL EDUCATION PROGRAMS. IN THAT TIME, WE HAVE PROVIDED OVER 45,000 SCHOLARSHIPS VALUED AT MORE THAN $135 MILLION. 0 0 10379460 8223262 SEE SCHEDULE OIN 2018-19 ACADEMIC YEAR ALONE, THE MARINE CORPS SCHOLARSHIP FOUNDATION AWARDED $8.2 MILLION TO MORE THAN 2,300 SONS AND DAUGHTERS OF MARINES AND NAVY CORPSMEN IN ALL 50 STATES. THIS CRITICAL SUPPORT COMES AT A TIME WHEN THE RISING COST OF EDUCATION FAR EXCEEDS THE AVERAGE MARINE FAMILY'S INCOME. THE RESULT IS A LANDSCAPE IN WHICH THOUSANDS OF PROMISING YOUNG AMERICANS FIND THEMSELVES PRICED OUT OF THE AMERICAN DREAM THEIR PARENTS SERVED TO DEFEND. IT'S AN UNEVEN BURDEN, AND ONE WE'RE DETERMINED TO CORRECT. WITH THE EAGLE, GLOBE, AND ANCHOR IN OUR LOGO, WE ALWAYS HOLD OURSELVES TO THE HIGHEST STANDARDS OF THE MARINE CORPS. THE MARINE CORPS SCHOLARSHIP FOUNDATION IS NOT ONLY A PROVEN STEWARD, DRIVEN BY OUTCOMES AND THE MOST POWERFUL SUCCESS METRICS IN OUR FIELD - WE'RE ALSO THE ONLY SCHOLARSHIP PROGRAM PROVIDING DEDICATED SUPPORT TO CHILDREN OF MARINES AND NAVY CORPSMEN THAT SERVED WITH MARINE CORPS UNITS. MEET A FEW OF OUR SCHOLARSHIP RECIPIENTS AND YOU'LL KNOW OUR PROGRAM DELIVERS IMPACT FAR BEYOND TUITION ASSISTANCE. OUR SCHOLARS ARE DRIVEN TO DO MORE THAN SUCCEED. THANKS TO A LIFETIME OF MARINE CORPS VALUES, THEY'RE BORN LEADERS. WHEN THAT ABILITY IS MET WITH OPPORTUNITY, THE OUTCOMES ARE TRANSFORMATIONAL, WITH INSPIRING RESULTS FOR MARINE FAMILIES AND AMERICA'S FUTURE. OUR SCHOLARS ARE RAISED ON HONOR, COURAGE, AND COMMITMENT. BY THE TIME THEY'RE READY TO PUT THOSE VALUES TO WORK TOWARDS THEIR CAREER GOALS, STATISTICS SHOW THESE SAME YOUNG MEN AND WOMEN WILL BE OUTPERFORMING THEIR PEERS NEARLY 2 TO 1. AMONG OUR SCHOLARSHIP RECIPIENTS: 90 PERCENT GRADUATE OR ARE ON TRACK TO GRADUATE (COMPARED TO 65 PERCENT NATIONALLY); 50 PERCENT ARE FIRST-GENERATION COLLEGE STUDENTS (COMPARED TO 33 PERCENT NATIONALLY); 45 PERCENT ARE ENROLLED IN STEM (SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH) AND HEALTH SCIENCE FIELDS; 70 PERCENT HAVE A GPA OF 3.0 OR HIGHER; THEY HAVE 90 PERCENT STUDENT RETENTION FROM THE PREVIOUS ACADEMIC YEAR. 10379460 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 1 0 1 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 31 0 41 1 0 0 0 0 0 1 1 1 1 0 0 1 0 0 0 X 30 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR AZ CA CT FL GA HI IL KS KY LA MA MD MI MN MS NC NH NJ NM NY OK OR PA RI SC TN UT VA WI WV DC CO ND OH WA X X RITA H HSIEH 5713842806 909 N WASHINGTON STREET SUITE 400 ALEXANDRIA VA 22314 GEORGE J TRAUTMAN III CHAIRMAN 1.00 X X 0 0 0 ERIC J CANDELORI VICE CHAIRMAN 1.00 X X 0 0 0 RICHARD D STEPHENS TREASURER 1.00 X X 0 0 0 STEVEN M POST GENERAL COUNSEL 1.00 X X 0 0 0 MICHEAL P BARRETT DIRECTOR 1.00 X 0 0 0 CHARLES F BOLDEN JR DIRECTOR 1.00 X 0 0 0 JON M DAVIS DIRECTOR 1.00 X 0 0 0 JOSEPH L DRISCOLL DIRECTOR (PARTIAL YEAR) 1.00 X 0 0 0 DONALD V ESMOND DIRECTOR (PARTIAL YEAR) 1.00 X 0 0 0 DONALD W FAUL DIRECTOR (PARTIAL YEAR) 1.00 X 0 0 0 GEORGE J FLYNN DIRECTOR 1.00 X 0 0 0 MATTHEW GANTZ DIRECTOR 1.00 X 0 0 0 TRACY GARRETT DIRECTOR 1.00 X 0 0 0 FRANK J GAUDIO DIRECTOR 1.00 X 0 0 0 JOHN C HEENAN DIRECTOR (PARTIAL YEAR) 1.00 X 0 0 0 ROBERT E JOYCE JR DIRECTOR 1.00 X 0 0 0 KAREN KELLY DIRECTOR (PARTIAL YEAR) 1.00 X 0 0 0 JAMES D KING DIRECTOR (PARTIAL YEAR) 1.00 X 0 0 0 THOMAS J LYONS DIRECTOR 1.00 X 0 0 0 KATHERINE C MCCALLUM DIRECTOR (PARTIAL YEAR) 1.00 X 0 0 0 JAMES P MCGINTY DIRECTOR 1.00 X 0 0 0 SUSAN E MORRISON DIRECTOR 1.00 X 0 0 0 BERNARD A PEKALA DIRECTOR (PARTIAL YEAR) 1.00 X 0 0 0 PAMELA SCHMIDLE DIRECTOR 1.00 X 0 0 0 ROBERT W SCHRODER DIRECTOR 1.00 X 0 0 0 MANNING J SMITH III DIRECTOR (PARTIAL YEAR) 1.00 X 0 0 0 ROBERT J STEVENS DIRECTOR 1.00 X 0 0 0 GAIL A WALTERS DIRECTOR (PARTIAL YEAR) 1.00 X 0 0 0 BERNARD J WILLETT DIRECTOR 1.00 X 0 0 0 MARGARET G KIBBEN DIRECTOR 1.00 X 0 0 0 EDWARD F SMITH DIRECTOR 1.00 X 0 0 0 RICHARD A BERGEN DIRECTOR 1.00 X 0 0 0 MIGUEL EATON DIRECTOR 1.00 X 0 0 0 FRANK D MARTELL DIRECTOR 1.00 X 0 0 0 PETER MCCALLUM DIRECTOR 1.00 X 0 0 0 DAN NELSON DIRECTOR 1.00 X 0 0 0 MELISSA D PALMISCIANO DIRECTOR 1.00 X 0 0 0 CHARLES SCIANNA DIRECTOR 1.00 X 0 0 0 ROBERT R RUARK PRESIDENT AND CEO 40.00 X X 261396 0 9732 PETERSON STEVEN D COO AND SECRETARY 40.00 X 200977 0 13315 HSIEH RITA SENIOR DIRECTOR OF ACCOUNTING AND FINANCE 40.00 X 146154 0 17794 PROBERT EDWARD W JR EXECUTIVE VICE PRESIDENT 40.00 X 253632 0 30569 SAVILLE ASHLEY E SENIOR PHILANTHROPIC OFFICER 40.00 X 158566 0 7926 TRISTAN STEPHANIE DIRECTOR OF DEVELOPMENT 40.00 X 131944 0 37128 MCNULTY JENNIFER DIRECTOR OF DEVELOPMENT 40.00 X 126256 0 6318 LITKENHUS DAVID DIRECTOR OF NATIONAL EVENTS - (PARTIAL YEAR) 40.00 X 106660 0 1321 ADAMS JEANNA DIRECTOR, SCHOLARSHIP PROGRAMS 40.00 X 115730 0 19433 1501315 0 143536 10 0 1 0 ANNE LEWIS STRATEGIES LLC 120 EAST 1ST STREET PAPOLLION NE 68046 DIGITAL MARKETING PROGRAM 370575 DATOCWITTEN GROUP INC 13145 APPLEGROVE LANE HERNDON VA 20171 EVENT MANAGEMENT 306957 HILL KNOWLTON STRATEGIES LLC POST OFFICE BOX 101264 ATLANTA GA 30392 CONTRACTED MEDIA SERVICES 134520 CREATIVE DIRECT RESPONSE 16900 SCIENCE DRIVE SUITE 210 BOWIE MD 20715 DIRECT MARKING PROGRAM 131933 LINEMARK PRINTING INC 501 PRINCE GEORGES BOULEVARD UPPER MARLBORO MD 20774 PRINTING SERVICES 111904 7 27948 7126500 8302703 3554249 15457151 2416000 2416000 20974799 20579075 395724 395724 395724 2583786 7126500 1884451 699335 699335 31845 5458 26387 26387 18994597 0 0 3537446 8215351 8215351 7911 7911 949283 360476 186526 402281 2154982 953892 259688 941402 84716 36226 8435 40055 178768 78381 26337 74050 215428 91408 30768 93252 24069 24069 72162 72162 492513 492513 197363 197363 1193380 83849 226761 882770 638420 136308 276834 225278 166314 30266 19989 116059 182716 82056 32389 68271 176633 70180 39177 67276 358339 49753 38017 270569 310915 158940 78998 72977 56237 24463 8436 23338 40065 40065 DIRECT MAIL 154851 154851 BAD DEBT 61000 61000 OTHER FUNDRAISING EXP 28340 28340 115794 5460 110334 16075550 10379460 1632474 4063616 8970900 13871997 1816649 2027956 26346662 19376375 86395 145713 739516 601146 1075582 970307 161512 105275 75074946 82872617 2672 646 99206 105132 113298458 119106857 362456 480335 6950508 7633028 488472 659403 1347117 1330048 9148553 10102814 X 10291758 11773881 46463857 44911585 47394290 52318577 104149905 109004043 113298458 119106857 X 2919047 1949972 -14881 X 0 1 X 1 0 X 20227816 31886048 18807333 28786241 15457151 115164589 20227816 31886048 18807333 28786241 15457151 115164589 26611336 88553253 1052195 1120840 1391078 1637701 2416000 7617814 63323 40416 27067 0 130806 67553 67553 122980762 2615631 0.72010 0.71730 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 58097977 4610876 3786158 1862010 64633001 58925152 1022542 -414230 1435487 58097977 50083327 3679771 6330436 1168382 58925152 41715078 6564692 2983272 1179715 50083327 41128843 2510172 -805382 1118555 41715078 0.00000 0.80950 0.19050 0 0 328791 248089 80702 746791 722218 24573 105275 OBLIGATIONS UNDER CHARITABLE TRUSTS AND ANNUITIES 1183829 DEFERRED RENT 146219 1330048 X 22703065 1949972 80831 -14881 2015922 20687143 197363 -1889909 -1692546 18994597 17848927 80831 1889909 1970740 15878187 197363 197363 16075550 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT FUNDS ARE USED TO PROVIDE SCHOLARSHIP AWARDS TO THOSE STUDENTS WHO ARE CHILDREN OF PERSONS WHO SERVED IN THE U.S. MARINE CORPS, WHO APPLY AND QUALIFY ACCORDING TO THE REQUIREMENTS AS SET BY THE FOUNDATION'S POLICY. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION HAS RECEIVED FROM THE IRS A FAVORABLE RULING THAT IT IS RECOGNIZED AS A "PUBLIC CHARITY" WITHIN THE MEANING OF INTERNAL REVENUE CODE SECTION 170(B)(1)(A)(VI) AND THUS, MEETS THE EXCEPTION TO PRIVATE FOUNDATION STATUS UNDER SECTION 509(A)(1). THE FOUNDATION ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN INCOME TAX POSITIONS. THE FOUNDATION EVALUATED ITS TAX POSITIONS AND DETERMINED THAT ITS POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED ON EXAMINATION. THE FOUNDATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUES OF OBLIGATIONS UNDER CHARITABLE TRUSTS -14,881. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES -1,884,451. GAMING EVENT EXPENSES -5,458. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 1,884,451. GAMING EVENT EXPENSES 5,458. 1 0 0 0 0 0 0 0 0 0 SCHOLARSHIPS NORTH AMERICA 1 1500 CHECK SCHOLARSHIPS EAST ASIA AND THE PACIFIC 2 6411 $3,911 -WIRE, $2,500 -CHECK 0 0 0 0 0 0 PART I, LINE 2: BEFORE AWARDS ARE MADE, STUDENTS APPLY FOR THE SCHOLARSHIPS AND A POINT SYSTEM IS USED TO DETERMINE THE AWARD AMOUNT TO EACH STUDENT BASED ON ELIGIBILITY AND NEED OF THE STUDENT. STUDENTS MUST PROVIDE INFORMATION TO THE ORGANIZATION, INCLUDING TRANSCRIPTS, VERIFICATION OF STUDENT EXPENSES AND AID FROM THE EDUCATIONAL INSTITUTIONS, AND A STATEMENT OF USE OF THE SCHOLARSHIP FUNDS. EACH STUDENT AND THE EDUCATIONAL INSTITUTION WHERE THE STUDENT IS ENROLLED AGREES THAT THE PAYMENT, OR THE UNUSED PORTION OF THE PAYMENT, MUST BE REFUNDED TO THE SCHOLARSHIP FOUNDATION IF 1) THE STUDENT TRANSFERS, WITHDRAWS OR OTHERWISE LEAVES SCHOOL, 2) THE STUDENT DOES NOT REMAIN IN SATISFACTORY ACADEMIC STANDING AS DEFINED BY THE SCHOOL, 3) THE STUDENT'S BEHAVIOR IS NOT CONSISTENT WITH THE SCHOOL'S STUDENT CONDUCT CODE, OR 4) THE STUDENT IS FOUND GUILTY OF A VIOLATION OF ANY CIVIL CODE. X X X X X 1 DATOCWITTEN INC 13145 APPLEGROVE LANE HERNDON VA 20171 EVENT MANAGEMENT 0 3223127 135456 3087671 PATRICIA J HURLEY & ASSOCIATES 205 WEST WACKER DRIVE SUITE 1400 CHICAGO IL 60606 EVENT MANAGEMENT 0 1914286 32500 1881786 THE JFM GROUP 629 FIFTH AVENUE SUITE 106 PELHAM NY 10803 EVENT MANAGEMENT 0 925394 31000 894394 THE FASHIONABLE EVENT 1101 WALNUT F HUNTINGTON BEACH CA 92648 EVENT MANAGEMENT 0 790168 24216 765952 ANNE LEWIS STRATEGIES LLC 1020 EAST 1ST STREET PAPOLLION NE 68046 DIGITAL ADVERTISING AND MARKETING 0 579929 134700 445229 MASON JAY BLACHER & ASSOCIATES 2210 FAIRVIEW AVENUE EAST SEATTLE WA 98102 EVENT FUNDRAISING 0 438868 12000 426868 GORDON C JAMES PUBLIC RELATIONS 5080 NORTH 40TH STREET SUITE 350 PHOENIX AZ 85018 EVENT MANAGEMENT 0 427655 36000 391655 CREATIVE DIRECT RESPONSE 16900 SCIENCE DRIVE SUITE 210 BOWIE MD 20715 DIRECT MARKETING PROGRAM 0 386317 55000 331317 CONVENTURES INC ONE DESIGN CENTER PLACE BOSTON MA 02210 EVENT MANAGEMENT 0 266670 5400 261270 INFOGROUP MEDIA SOLUTIONS 1020 EAST 1ST STREET PAPOLLION NE 68046 DIRECT MARKETING PROGRAM 0 0 5000 -5000 8952414 471272 8481142 AK AL AR AZ CA CO CT DE FL GA HI IA ID IL IN KS KY LA MA MD ME MI MN MO MS MT NC ND NE NH NJ NM NV NY OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY DC CHICAGO AWARDS DINNER 1914286 1222579 691707 1310 58987 2175 34909 NEW YORK BALL 925394 812215 113179 2713 147380 2742 76472 28 6867606 5091706 1775900 24528 647998 40084 845153 9707286 7126500 2580786 28551 854365 45001 956534 1884451 696335 31845 1238 640 0 3580 1 1.00000 31845 1238 640 3580 5458 26387 MA CT IN NJ FL 1 0 1 0 1.00000 MARINE CORPS SCHOLARSHIP FOUNDATION INC 909 N WASHINGTON STREET SUITE 400 ALEXANDRIA VA 22314 0 SEE PART IV FOR LIST OF GAMING MANA 0 SCHEDULE G, PART I, LINE 2B, COLUMN (V) MARINE CORPS SCHOLARSHIP FOUNDATION, INC. (THE FOUNDATION) PAID PROFESSIONAL FUNDRAISERS FOR PROFESSIONAL FUNDRAISING SERVICES AND ADMINISTRATIVE FEES. IN 2018, THE FOUNDATION PAID ADMINISTRATIVE FEES AND EXPENSE REIMBURSEMENTS TO THE FOLLOWING PROFESSIONAL FUNDRAISERS: THE JFM GROUP - $50,500 PATRICIA J. HURLEY - $50,919.88 THE FASHIONAL EVENT - $68,791.35 CONVENTURES - $12,600 MASON JAY BLACHER - $66.30 TOLO EVENTS - $22,671.91 CREATIVE DIRECT RESPONSE - $71,188.76 GORDON C. JAMES - $57,188.76 DATOC WITTEN - $150,634.79 SCHEDULE G, PART III, LINE 16 THE FOUNDATION HAD RAFFLES DURING GOLF FUNDRAISING EVENTS DURING THE YEAR. THE FOLLOWING RAFFLE MANAGERS CONTROLLED THE OVERALL OPERATION OF THE RAFFLE ACTIVITIES AT THE EVENTS, NONE OF THESE RAFFLE MANAGERS WAS COMPENSATED: BOSTON GOLF - DICK MURPHY CONNECTICUT GOLF - MARY CARROLL INDIANAPOLIS GOLF - DON VANDOWSKI JERSEY SHORE GOLF - BOB VALVANO SARASOTA GOLF - MIKE TUCHER 1 SCHOLARSHIP AWARDS 2310 8215350 N/A N/A PART I, LINE 2: BEFORE AWARDS ARE MADE, STUDENTS APPLY FOR THE SCHOLARSHIPS AND A POINT SYSTEM IS USED TO DETERMINE THE AWARD AMOUNT TO EACH STUDENT BASED ON ELIGIBILITY AND NEED OF THE STUDENT. STUDENTS MUST PROVIDE INFORMATION TO THE ORGANIZATION, INCLUDING TRANSCRIPTS, VERIFICATION OF STUDENT EXPENSES AND AID FROM THE EDUCATIONAL INSTITUTIONS, AND A STATEMENT OF USE OF THE SCHOLARSHIP FUNDS. EACH STUDENT AND THE EDUCATIONAL INSTITUTION WHERE THE STUDENT IS ENROLLED AGREES THAT THE PAYMENT, OR THE UNUSED PORTION OF THE PAYMENT, MUST BE REFUNDED TO THE SCHOLARSHIP FOUNDATION IF 1) THE STUDENT TRANSFERS, WITHDRAWS OR OTHERWISE LEAVES SCHOOL, 2) THE STUDENT DOES NOT REMAIN IN SATISFACTORY ACADEMIC STANDING AS DEFINED BY THE SCHOOL, 3) THE STUDENT'S BEHAVIOR IS NOT CONSISTENT WITH THE SCHOOL'S STUDENT CONDUCT CODE, OR 4) THE STUDENT IS FOUND GUILTY OF A VIOLATION OF ANY CIVIL CODE X 1 1 X X X X 0 0 0 1 0 0 0 0 0 ROBERT R RUARK PRESIDENT AND CEO 237746 0 23650 0 0 0 8712 0 1020 0 271128 0 0 0 PETERSON STEVEN D COO AND SECRETARY 185598 0 13657 0 1722 0 10135 0 3180 0 214292 0 0 0 HSIEH RITA SENIOR DIRECTOR OF ACCOUNTING AND FI 124961 0 16204 0 4989 0 7557 0 10237 0 163948 0 0 0 PROBERT EDWARD W JR EXECUTIVE VICE PRESIDENT 212833 0 31400 0 9399 0 2596 0 27973 0 284201 0 0 0 SAVILLE ASHLEY E SENIOR PHILANTHROPIC OFFICER 149416 0 9150 0 0 0 7926 0 0 0 166492 0 0 0 TRISTAN STEPHANIE DIRECTOR OF DEVELOPMENT 114421 0 4781 0 12742 0 7234 0 29894 0 169072 0 0 0 PART I, LINE 1A ROBERT RUARK'S WIFE, CHRISTINE, ACCOMPANIED HIM TO SEVERAL FOUNDATION EVENTS IN 2018. THE EXPENSES INCURRED WERE FLIGHTS TOTALING $2,912. PART I, LINE 5 A PORTION OF DEVELOPMENT OFFICERS' BONUS IS BASED UPON THEIR INDIVIDUAL REVENUE AND OVERALL TEAM REVENUE GOALS. X 1 24500 X 20 3490048 STOCK MARKET QUOTES X AUCTION ITEMS 18 26406 FMV X DONATED GOODS 19 10995 FMV X SPONSOR DINNER 1 2000 FMV X WINE TESTING 1 300 FMV 0 0 1 1 PART I, COLUMN (B): NUMBER OF ITEMS AND NUMBER OF CONTRIBUTORS FOR SECURITIES PART I, LINE 32B: THE ORGANIZATION'S INVESTMENT MANAGER SELLS ALL STOCK CONTRIBUTIONS UPON RECEIPT. FORM 990, PART VI, SECTION A, LINE 1 THE BOARD OF DIRECTORS, BY RESOLUTION ADOPTED BY A MAJORITY OF THE ENTIRE BOARD, SHALL APPOINT FROM AMONG THE DIRECTORS AN EXECUTIVE COMMITTEE (WHICH SHALL INCLUDE COMPENSATION AMONG ITS FUNCTIONS). FROM AMONG THE DIRECTORS AND, IN THE BOARD'S SOLE DISCRETION, PERSONS WHO ARE NOT DIRECTORS, A CORPORATE GOVERNANCE COMMITTEE (WHICH SHALL INCLUDE NOMINATIONS AMONG ITS FUNCTIONS), A SCHOLARSHIP COMMITTEE, A DEVELOPMENT COMMITTEE, A FINANCE AND INVESTMENT COMMITTEE, AND AN AUDIT COMMITTEE. DIRECTORS SHALL COMPRISE A MAJORITY OF ANY SUCH STANDING COMMITTEE TO WHICH PERSONS WHO ARE NOT DIRECTORS MAY BE APPOINTED. THE BOARD, IN ITS SOLE DISCRETION, MAY ALSO APPOINT FROM AMONG THE DIRECTORS AND PERSONS WHO ARE NOT DIRECTORS ONE OR MORE OTHER COMMITTEES, EACH OF WHICH SHALL HAVE ONE OR MORE COMMITTEE MEMBERS INCLUDING AT LEAST ONE DIRECTOR. THE NUMBER OF DIRECTORS TO BE APPOINTED TO THE EXECUTIVE COMMITTEE SHALL NOT EXCEED TEN AND SHALL INCLUDE THE CHAIRMAN, THE VICE CHAIRMAN OR, IF THERE IS MORE THAN ONE, THE VICE CHAIRMAN DESIGNATED TO SUCCEED THE CHAIRMAN IN HIS OR HER ABSENCE, THE PRESIDENT, THE CHAIR OF EACH OF THE OTHER STANDING COMMITTEES, THE TREASURER, AND THE GENERAL COUNSEL. THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE THE FULL AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE CORPORATION. ALL OTHER COMMITTEES, TO THE EXTENT PROVIDED IN THEIR RESPECTIVE ENABLING RESOLUTIONS AND NOT RESTRICTED BY LAW, SHALL HAVE AND EXERCISE SUCH AUTHORITY AS THE BOARD OF DIRECTORS SHALL PRESCRIBE IN THE MANAGEMENT OF THE CORPORATION. THE DESIGNATION OF ANY COMMITTEE, WHETHER UNDER THESE BYLAWS OR BY RESOLUTION ADOPTED BY THE BOARD, AND THE DELEGATION THERETO OF AUTHORITY SHALL NOT OPERATE TO RELIEVE THE BOARD OF DIRECTORS, OR ANY INDIVIDUAL DIRECTOR, OF ANY RESPONSIBILITY IMPOSED ON IT, HIM, OR HER BY LAW. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN WILL BE REVIEWED AND APPROVED BY MANAGEMENT, THE ORGANIZATION'S BOARD OF DIRECTORS AND GENERAL COUNSEL REVIEW THE FORM 990 BEFORE FILING WITH IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS ARE REQUIRED TO READ THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. THEY MUST SIGN THAT THEY READ IT AND THEN COMPLETE A FORM THAT LISTS ANY CONFLICTS. THERE ARE PERIODIC REVIEWS TO ENSURE COMPLIANCE. AT SUCH TIME AS ANY MATTER COMES BEFORE THE BOARD IN SUCH A WAY AS TO GIVE RISE TO A CONFLICT OF INTEREST, THE INTERESTED OFFICER, IF ATTENDING THE MEETING, OR DIRECTOR SHALL MAKE KNOWN THE POTENTIAL CONFLICT, WHETHER OR NOT DISCLOSED BY HIS OR HER WRITTEN STATEMENT, AND AFTER ANSWERING ANY QUESTIONS THAT MIGHT BE ASKED OF SUCH OFFICER OR DIRECTOR, HE OR SHE SHALL WITHDRAW FROM THE MEETING FOR SO LONG AS THE MATTER SHALL CONTINUE UNDER DISCUSSION. SHOULD THE MATTER BE BROUGHT TO A VOTE, NEITHER THE INTERESTED DIRECTOR NOR ANY OTHER DIRECTOR HAVING A PECUNIARY BENEFIT TRANSACTION WITH THE FOUNDATION SHALL VOTE ON IT. A TWO-THIRDS (66 2/3%) VOTE OF THE ENTIRE BOARD IS REQUIRED TO AUTHORIZE ANY TRANSACTION OR OTHER MATTER IN WHICH AN OFFICER OR DIRECTOR HAS A POTENTIAL CONFLICT OF INTEREST. ALL PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING THE COMPENSATION OF CEO, EXECUTIVE DIRECTOR OR TOP MANAGEMENT OFFICIAL: CONSULTATION WITH HR CONSULTANT WHO PROVIDED A SALARY SURVEY OF COMPARABLE SIZED NONPROFIT ORGANIZATIONS (NPOS) NATIONALLY AND IN THE DC AREA, INCLUDING OTHER UNITED STATES MARINE CORPS (USMC)-RELATED NPOS. EXECUTIVE COMMITTEE REVIEWED SCOPE OF WORK, DEMANDS AND IF CEO ANNUAL GOALS WERE ACHIEVED. RECOMMENDED COMPENSATION WAS DISCUSSED WITH THE EXECUTIVE COMMITTEE FOR APPROVAL, WITH EVIDENCE OF APPROVAL BEING MAINTAINED BY BOARD CHAIR. THE PROCESS WAS LAST UNDERTAKEN IN FY 2020. THE PROCESS OF DETERMINING THE COMPENSATION OF OFFICERS OR KEY EMPLOYEES: CONSULTATION WITH HR CONSULTANT, WHICH INCLUDES SALARY SURVEYS FOR RESPECTIVE POSITIONS AND/OR INTERVIEWS OF OTHER SIMILAR NPOS, AND CONSULTATION WITH EXECUTIVE RECRUITERS REGARDING THEIR RECOMMENDED SALARY BASED ON NATURE AND DUTIES OF THE POSITION. INFORMATION REVIEWED BY PRESIDENT/CEO AND DOCUMENTED BY THE HR CONSULTANT. THE PROCESS WAS LAST UNDERTAKEN IN FY 2019. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION PUBLISHES AN ANNUAL REPORT THAT INCLUDES FINANCIAL DATA. THE ANNUAL REPORT, AS WELL AS AUDITED FINANCIAL STATEMENTS, ARE POSTED TO THE WEBSITE. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST STATEMENT ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUES OF OBLIGATIONS UNDER CHARITABLE TRUSTS -14,881.