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        <PersonNm>Steve Simpson</PersonNm>
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        <PersonNm>Anu Seppala</PersonNm>
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        <PersonNm>Jason Bateman</PersonNm>
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        <PersonNm>Carla Silk</PersonNm>
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          <BusinessName>
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          <PersonNm>Yaron Brook</PersonNm>
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        <RelationshipDescriptionTxt>Officer</RelationshipDescriptionTxt>
        <TransactionAmt>390545</TransactionAmt>
        <TransactionDesc>Consulting Services</TransactionDesc>
        <SharingOfRevenuesInd>false</SharingOfRevenuesInd>
      </BusTrInvolveInterestedPrsnGrp>
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        <FormAndLineReferenceDesc>Schedule L, Part V Supplemental Information</FormAndLineReferenceDesc>
        <ExplanationTxt>PART IV (1):Niv Brook is a child of the officer, Yaron Brook.PART IV (2):Yaron Brook is an officer of the organization and the owner of Brook Media and Consulting LLC and provided consulting services to The Ayn Rand Institute. Brook Media and Consulting LLC was paid a total of $390,545 for the services provided.</ExplanationTxt>
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        <FormAndLineReferenceDesc>Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et</FormAndLineReferenceDesc>
        <ExplanationTxt>Board members Peter Leport and Carl Barney have a business relationship through Leport Schools, of which Peter Leport is chairman of the board, and Carl Barney is CEO.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 11b: Form 990 Review Process</FormAndLineReferenceDesc>
        <ExplanationTxt>An electronic copy of the 990 is provided to each member of the board before it is filed with the Internal Revenue Service.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts</FormAndLineReferenceDesc>
        <ExplanationTxt>Each officer &amp; director annually signs an acknowledgment stating that they have read, understand, and agree to comply with the conflict of interest policy. Governance committee has a review procedure for business dealings among board members and officers.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 15a: Compensation Review &amp; Approval Process - CEO, Top Management</FormAndLineReferenceDesc>
        <ExplanationTxt>For the executive director, the board determines the salary, considering factors such as salary surveys and comparable organizations.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 19: Other Organization Documents Publicly Available</FormAndLineReferenceDesc>
        <ExplanationTxt>Form 990, governing documents, policies and financial statements are provided upon request.</ExplanationTxt>
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