2019-11-15T09:18:27-06:00 2018-12-31 113518842 MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2018-01-01 133840394 THE POSSE FOUNDATION INC POSS 2124051691 14 WALL STREET NO 8A-60 NEW YORK NY 10005 DEBORAH BIAL PRESIDENT 2124051691 2019-11-12 1 ROBERT R LYONS CPA P00227472 2125038800 69.74.165.34 2019-11-12 13:25:52 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 86324AA6648A884C06306129ED8808CB1BD1A3DC 2018 2020-04-17 16:48:07Z DEBORAH BIAL 14 WALL STREET NO 8A-60 NEW YORK NY 10005 34476367 0 X WWW.POSSEFOUNDATION.ORG X 1989 NY POSSE STARTED BECAUSE OF ONE STUDENT WHO SAID, "I NEVER WOULD HAVE DROPPED OUT OF COLLEGE IF I HAD MY POSSE WITH ME." THE POSSE FOUNDATION, FOUNDED IN 1989, IDENTIFIES PUBLIC HIGH SCHOOL STUDENTS WITH EXTRAORDINARY ACADEMIC AND LEADERSHIP POTENTIAL WHO MAY BE OVERLOOKED BY TRADITIONAL COLLEGE SELECTION PROCESSES. THE FOUNDATION EXTENDS TO THESE STUDENTS THE OPPORTUNITY TO PURSUE PERSONAL AND ACADEMIC EXCELLENCE BY PLACING THEM IN SUPPORTIVE, MULTICULTURAL TEAMS ("POSSES") OF 10 STUDENTS. THE FOUNDATION'S PARTNER UNIVERSITIES AWARD POSSE SCHOLARS FOUR-YEAR, FULL-TUITION LEADERSHIP SCHOLARSHIPS. 46 45 237 1745 0 115752 16084806 19407533 3482167 3496204 2357528 2670403 0 0 21924501 25574140 2382779 2673721 0 0 12185003 12673095 0 0 2163356 8041566 8202226 22609348 23549042 -684847 2025098 87174501 82868499 2997507 2847757 84176994 80020742 X THE POSSE FOUNDATION, FOUNDED IN 1989, IDENTIFIES PUBLIC HIGH SCHOOL STUDENTS WITH EXTRAORDINARY ACADEMIC AND LEADERSHIP POTENTIAL WHO MAY BE OVERLOOKED BY TRADITIONAL COLLEGE SELECTION PROCESSES. THE FOUNDATION EXTENDS TO THESE STUDENTS THE OPPORTUNITY TO PURSUE PERSONAL AND ACADEMIC EXCELLENCE BY PLACING THEM IN SUPPORTIVE, MULTICULTURAL TEAMS ("POSSES") OF 10 STUDENTS. THE FOUNDATION'S PARTNER UNIVERSITIES AWARD POSSE SCHOLARS FOUR-YEAR, FULL-TUITION LEADERSHIP SCHOLARSHIPS. 0 0 18584205 2673721 3496204 THE RECRUITMENT AND TRAINING PROGRAMS INCLUDE THE FOLLOWING SUB-PROGRAMS: RECRUITMENT, PRE-COLLEGIATE TRAINING, CAMPUS AND CAREER AND ALUMNI. FOR THE RECRUITMENT PROGRAM, FROM SEPTEMBER THROUGH DECEMBER EACH YEAR, POSSE CONDUCTS THE DYNAMIC ASSESSMENT PROCESS (DAP), A UNIQUE EVALUATION METHOD DESIGNED TO IDENTIFY YOUNG LEADERS WHO MIGHT BE MISSED BY TRADITIONAL ADMISSIONS CRITERIA, BUT WHO CAN EXCEL AT SELECTIVE COLLEGES AND UNIVERSITIES. FOR THE PRE-COLLEGIATE TRAINING PROGRAM FROM JANUARY TO AUGUST OF THEIR SENIOR YEAR IN HIGH SCHOOL POSSE SCHOLARS MEET WEEKLY WITH STAFF TRAINERS AND THEIR POSSE PEERS FOR TWO-HOUR WORKSHOPS. THE TRAINING PROGRAM CONSISTS OF WORKSHOPS THAT ADDRESS FOUR AREAS: TEAM BUILDING AND GROUP SUPPORT, CROSS-CULTURAL COMMUNICATION, LEADERSHIP AND BECOMING AN ACTIVE AGENT OF CHANGE ON CAMPUS, AND ACADEMIC EXCELLENCE. FOR THE CAMPUS PROGRAM, POSSE STAFF MEMBERS VISIT EACH UNIVERSITY FOUR TIMES AYEAR FOR MEETINGS WITH POSSE SCHOLARS, CAMPUS LIAISONS AND MENTORS. EACH MENTOR MEETS WEEKLY WITH THE POSSE AS A TEAM AND WITH EACH SCHOLAR INDIVIDUALLY EVERY TWO WEEKS DURING THE FIRST TWO YEARS IN COLLEGE. IN ADDITION, POSSE FACILITATES AN ANNUAL WEEKEND-LONG POSSEPLUS RETREAT ATTENDED BY MEMBERS OF THE LARGER STUDENT BODY, FACULTY AND ADMINISTRATION, WITH THE GOAL OF DISCUSSING ANY IMPORTANT CAMPUS ISSUES IDENTIFIED BY POSSE SCHOLARS. FOR THE CAREER PROGRAM, POSSE PLAYS AN INTEGRAL ROLE IN THE PROFESSIONAL DEVELOPMENT OF OUR SCHOLARS AND ALUMNI BY PROVIDING THEM WITH THE TOOLS AND OPPORTUNITIES NECESSARY TO SECURE HIGHLY COMPETITIVE AND CAREER-ENHANCING INTERNSHIPS AND JOBS. ONE OF THE WAYS POSSE ACHIEVES THIS IS BY PARTNERING WITH EXCEPTIONAL COMPANIES AND ORGANIZATIONS BOTH NATIONALLY AND ABROAD. CURRENTLY, POSSE HAS MORE THAN 175 PARTNER COMPANIES AND ORGANIZATIONS NATIONWIDE. THE CAREER PROGRAM HAS THREE CORE COMPONENTS: THE INTERNSHIP PROGRAM, CAREER SERVICES AND THE ALUMNI NETWORK. 18584205 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 302 0 237 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 46 45 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY TX MA IL LA GA FL CA DC X FRANCIS OCCENA CFOCAO 2124051691 14 WALL STREET SUITE 8A-60 NEW YORK NY 10005 DEBORAH BIAL PRESIDENT 40.00 X X 516015 0 25410 BRAD SINGER CHAIR 6.00 X X 0 0 0 PHILIP M PEAD SECRETARY 4.00 X X 0 0 0 JUAN RAJLIN TREASURER 4.00 X X 0 0 0 ADAM TOWNSEND TRUSTEE 2.00 X 0 0 0 ALAN BERRO TRUSTEE 2.00 X 0 0 0 ALASTAIR BORTHWICK TRUSTEE 3.00 X 0 0 0 ALBERTO M CARVALHO TRUSTEE 2.00 X 0 0 0 ANNE CHWAT TRUSTEE 2.00 X 0 0 0 ANNIE SEIBOLD DRAPEAU TRUSTEE 4.00 X 0 0 0 BARBARA JANULIS TRUSTEE 2.00 X 0 0 0 BARTON J WINOKUR TRUSTEE 2.00 X 0 0 0 CHARLES PHILLIPS TRUSTEE 2.00 X 0 0 0 CHRIS LORD TRUSTEE 2.00 X 0 0 0 DAN PICKERING TRUSTEE 4.00 X 0 0 0 DANIEL WEISS TRUSTEE 2.00 X 0 0 0 DAVID A THOMAS TRUSTEE 2.00 X 0 0 0 DIANE B PATRICK ESQ TRUSTEE 3.00 X 0 0 0 DONELLA P BROCKINGTON TRUSTEE 4.00 X 0 0 0 ELIZABETH P MYERS TRUSTEE 2.00 X 0 0 0 EUGENE B SHANKS JR TRUSTEE 3.00 X 0 0 0 HAROLD FORD JR TRUSTEE 2.00 X 0 0 0 HENRY ELLENBOGEN TRUSTEE 3.00 X 0 0 0 HON DAVID N DINKINS TRUSTEE 2.00 X 0 0 0 JAMES S HOYTE TRUSTEE 2.00 X 0 0 0 JAMES WILCOX TRUSTEE 4.00 X 0 0 0 JEFF ABBOTT TRUSTEE 4.00 X 0 0 0 JEFFREY RAICH TRUSTEE 2.00 X 0 0 0 JEFFREY UBBEN TRUSTEE 2.00 X 0 0 0 JONATHAN GLICKMAN TRUSTEE 2.00 X 0 0 0 JONATHAN THAYER TRUSTEE 4.00 X 0 0 0 KELLY GRANAT TRUSTEE 2.00 X 0 0 0 KOBY ALTMAN TRUSTEE 2.00 X 0 0 0 MICHAEL AINSLIE TRUSTEE, CHAIR EMERITUS 2.00 X 0 0 0 MICHAEL BECKWITH TRUSTEE 4.00 X 0 0 0 MICHAEL KLUGER TRUSTEE 2.00 X 0 0 0 MICHELE GANELESS TRUSTEE 2.00 X 0 0 0 MITCH TRUWIT TRUSTEE 2.00 X 0 0 0 PETER E BLACKER TRUSTEE 4.00 X 0 0 0 RICHARD FAIN TRUSTEE 2.00 X 0 0 0 RICK RIZZO TRUSTEE 4.00 X 0 0 0 ROBBIE OXNARD BENT TRUSTEE 2.00 X 0 0 0 STEVE GALLUCCI TRUSTEE 4.00 X 0 0 0 STEVEN M LEFKOWITZ TRUSTEE 2.00 X 0 0 0 SUSIE SCHER TRUSTEE 2.00 X 0 0 0 TIMOTHY H UBBEN TRUSTEE 2.00 X 0 0 0 WILLIAM M LEWIS JR TRUSTEE 2.00 X 0 0 0 WILLIAM PLAPINGER TRUSTEE 2.00 X 0 0 0 FRANCIS OCCENA CFO/CAO 40.00 X 183933 0 7935 MATTHEW FASCIANO CHIEF OPERATING OFFICER 40.00 X 274649 0 33248 HEDY ROMA VP DEVELOPMENT 40.00 X 204631 0 17853 ALBA RODRIGUEZ VP, POSSE INSTITUTE 40.00 X 142914 0 14351 RASSAN SALANDY VP EXTERNAL AFFAIRS 40.00 X 132012 0 29705 REGINA BAIN REGIONAL VICE PRESIDENT 40.00 X 153471 0 12567 RICO BLANCAFLOR VP STRATEGIC PROJECTS 40.00 X 183482 0 15135 TAMARA CRAVER DIR. POSSE LOS ANGELES 40.00 X 128358 0 17265 1919465 0 173469 9 0 1 0 WELLSPRING CONSULTING LLC 198 AMITY ROAD SUITE 23 WOODBRIDGE CT 06525 CONSULTING 109000 1 4175805 6200 15225528 879770 19407533 UNIVERSITY FEES 611710 2590000 2590000 SERVICE FEES 900099 906204 906204 3496204 1510705 1510705 9687659 8527961 1159698 1159698 1159698 374266 4175805 374266 0 25574140 3496204 0 2670403 1600000 1600000 1073721 1073721 1239675 292012 381240 566423 9358912 7211484 1097309 1050119 121823 105437 12500 3886 1207941 936729 134367 136845 744744 561654 90720 92370 921297 573868 336579 10850 9025 7493 495 1037 466030 349207 70244 46579 2676664 2448357 183878 44429 2768640 2559032 165721 43887 124621 40615 84006 81813 74933 6880 EQUIP. RENTAL AND MAINT 364497 204048 145532 14917 PRINTING AND PUB. 322764 208674 88760 25330 STAFF TRAINING/DEVELOP. 310677 300501 3250 6926 OTHER EXPENSES 156198 36440 119758 23549042 18584205 2801481 2163356 93236 13946366 13217172 8824308 8666182 2625000 2555000 887545 902002 2464002 2152042 343389 311960 60454657 57216183 87174501 82868499 752505 761609 1750001 1680000 495001 406148 2997507 2847757 X 28939993 28728311 26530247 22585677 28706754 28706754 84176994 80020742 87174501 82868499 X 2025098 -5898097 -283253 X X 0 1 X 1 0 X 17469270 15652510 14861577 16077004 19407533 83467894 17469270 15652510 14861577 16077004 19407533 83467894 4225383 79242511 3115482 1366746 1650998 1260746 1510705 8904677 92372571 13767979 0.85790 0.72970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50904892 2636131 1642941 51898082 40551077 6000000 5811387 1457572 50904892 39379142 2410757 1238822 40551077 40547352 1000000 -1119565 1048645 39379142 40133220 1344037 929905 40547352 0.12900 0.61600 0.25500 0 0 698364 545614 152750 1754500 1606428 148072 11138 11138 311960 MULTI-ASSET MUTUAL FUND 1636365 F ALTERNATIVE INVESTMENTS 19603080 F CERTIFICATES OF DEPOSIT 168578 F STOCK 35775415 F CASH EQUIVALENTS 32745 F 57216183 DEFERRED RENT 406148 406148 X 20738463 -5777924 942247 -4835677 25574140 0 25574140 24774542 942247 95067 1037314 23737228 -188186 -188186 23549042 PART V, LINE 4: PERMANENT ENDOWMENT - THE PERMANENTLY RESTRICTED NET ASSETS IS FOR THE ESTABLISHMENT OF AN ENDOWMENT FUND AND THE EARNINGS FROM PERMANENTLY RESTRICTED ENDOWMENT SHALL BE USED TO FUND POSSE'S PROGRAM ACTIVITIES. PART X, LINE 2: POSSE BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2018 AND 2017, IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISION FOR UNCERTAIN TAX POSITIONS. PART XII, LINE 2D - OTHER ADJUSTMENTS: NON-DEDUCTIBLE TRANSPORTATION BENEFITS 95,067. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT -188,186. NY GALA 1914178 1792278 121900 POWER OF TEN (CHICAGO) 498620 471250 27370 11 2137273 1912277 224996 4550071 4175805 374266 374266 1 UNIVERSITY OF WISCONSIN-MADISON 100 BASCOM HALL 500 LINCOLN DR MADISON WI 53706 396006492 501(C)(3) 100000 GRANTS ARE INTENDED TO HELP SUPPORT THE STEM POSSE INITIATIVE ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING. TEXAS A&M UNIVERSITY 401 JOE ROUTT BLVD COLLEGE STATION TX 77843 746000531 501(C)(3) 100000 GRANTS ARE INTENDED TO HELP SUPPORT THE STEM POSSE INITIATIVE ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING. SMITH COLLEGE SMITH COLLEGE NORTHAMPTON MA 01063 041843040 501(C)(3) 100000 GRANTS ARE INTENDED TO HELP SUPPORT THE STEM POSSE INITIATIVE ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING. POMONA COLLEGE 333 N COLLEGE WAY CLAREMONT CA 91711 951664112 501(C)(3) 100000 GRANTS ARE INTENDED TO HELP SUPPORT THE STEM POSSE INITIATIVE ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING. MIDDLEBURY COLLEGE 14 OLD CHAPEL ROAD MIDDLEBURY VT 05753 030179298 501(C)(3) 100000 GRANTS ARE INTENDED TO HELP SUPPORT THE STEM POSSE INITIATIVE ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING. FRANKLIN AND MARSHALL 415 HARRISBURG AVENUE LANCASTER PA 17603 231352635 501(C)(3) 100000 GRANTS ARE INTENDED TO HELP SUPPORT THE STEM POSSE INITIATIVE ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING. BRYN MAWR COLLEGE 101 N MERION AVENUE BRYN MAWR PA 19010 231352621 501(C)(3) 100000 GRANTS ARE INTENDED TO HELP SUPPORT THE STEM POSSE INITIATIVE ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING. BRANDEIS UNIVERSITY 405 SOUTH STREET WALTHAM MA 02453 042103552 501(C)(3) 100000 GRANTS ARE INTENDED TO HELP SUPPORT THE STEM POSSE INITIATIVE ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING. DAVIDSON COLLEGE 405 N MAIN STREET DAVIDSON NC 28035 560529961 501(C)(3) 100000 GRANTS ARE INTENDED TO HELP SUPPORT THE STEM POSSE INITIATIVE ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING. UNIVERSITY OF MICHIGAN 500 S STATE ANN ARBOR MI 48109 386006309 501(C)(3) 100000 GRANTS ARE INTENDED TO HELP SUPPORT THE STEM POSSE INITIATIVE ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING. UNIVERSITY OF PUGET SOUND 1500 N WARNER STREET TACOMA WA 98416 910564961 501(C)(3) 75000 GRANTS ARE INTENDED TO HELP SUPPORT THE STEM POSSE INITIATIVE ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING. UNIVERSITY OF NOTRE DAME NOTRE DAME NOTRE DAME ID 46556 350868188 501(C)(3) 75000 GRANTS ARE INTENDED TO HELP SUPPORT THE STEM POSSE INITIATIVE ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING. THE GEORGE WASHINGTON UNIVERSITY 2121 EYE STREET NW 801 WASHINGTON DC 20052 530196584 501(C)(3) 75000 GRANTS ARE INTENDED TO HELP SUPPORT THE STEM POSSE INITIATIVE ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING. ILLINOIS WESLEYAN UNIVERSITY 1312 PARK STREET BLOOMINGTON IL 61702 370662594 501(C)(3) 75000 GRANTS ARE INTENDED TO HELP SUPPORT THE STEM POSSE INITIATIVE ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING. BOSTON UNIVERSITY 881 COMMONWEALTH AVENUE BOSTON MA 02215 042103547 501(C)(3) 50000 GRANTS ARE INTENDED TO HELP SUPPORT THE STEM POSSE INITIATIVE ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING. CASE WESTERN RESERVE UNIVERSITY 10900 EUCLID AVENUE CLEVELAND OH 44109 341018992 501(C)(3) 75000 GRANTS ARE INTENDED TO HELP SUPPORT THE STEM POSSE INITIATIVE ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING. WELLESLEY COLLEGE 106 CENTRAL STREET WELLESLEY MA 02481 042103637 501(C)(3) 75000 GRANTS ARE INTENDED TO HELP SUPPORT THE STEM POSSE INITIATIVE ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING. LEHIGH UNIVERSITY 27 MEMORIAL DRIVE WEST BETHLEHEM PA 18015 240795445 501(C)(3) 100000 GRANTS ARE INTENDED TO HELP SUPPORT THE STEM POSSE INITIATIVE ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING. 18 18 POSSE SUMMER LEADERSHIP AWARDS 121 207850 EYLER STUDENT ASSISTANCE 10 5286 CORNELL SCHOLARS 20 797600 MICHAEL L AINSLIE ALUMNI AWARD 1 10000 JEFF UBBEN POSSE FELLOWS PROGRAM 5 52985 PART I, LINE 2: POSSE SUMMER LEADERSHIP AWARDS ARE DESIGNED TO RELIEVE THE FINANCIAL OBSTACLES ASSOCIATED WITH SCHOLARS WHO WORK IN UNPAID OR MINIMALLY (LESS THAN $2,500) PAID INTERNSHIPS. PARTICIPANTS ARE REQUIRED TO UPLOAD RESUMES AND COMPLETE PSLA APPLICATION FORM. ELIGIBILITY IS DETERMINED BASED ON INITIAL SCREENING AND SUPERVISORY APPROVALS. EYLER STUDENT ASSISTANCE. ISSUED TO POSSE SCHOLARS THROUGHOUT THE YEAR ON A CASE-BY-CASE BASIS, WHO NEED FINANCIAL ASSISTANCE. THE ASSISTANCE COULD BE FOR ITEMS SUCH AS EMERGENCY FLIGHTS HOME DUE TO A DEATH IN THE FAMILY, FUNDS TO ASSIST TO STUDY ABROAD, ROOM AND BOARD, TEXTBOOKS OR MATERIALS FOR SCHOOL, HOUSING ASSISTANCE, ETC. CORNELL SCHOLARS. THE POSSE FOUNDATION UTILIZES ITS DYNAMIC ASSESSMENT PROCESS TO IDENTIFY TALENTED AND POTENTIAL STUDENTS FROM NON-TRADITIONAL, URBAN BACKGROUNDS. CORNELL HAS AGREED TO SELECT 10 POSSE CHICAGO STUDENTS FOR ADMISSION TO THEIR CAMPUS EACH FALL. CORNELL WILL OFFER A NEED-BASED FINANCIAL AID PACKAGE TO EACH POSSE IT ADMITS. FOR THOSE POSSE SCHOLARS WHOSE TOTAL GRANT AID FROM ALL SOURCES IN THE CORNELL OFFER IS LESS THAN THE AMOUNT OF FULL TUITION FOR EACH YEAR, THE POSSE FOUNDATION WILL PAY DIRECTLY TO CORNELL ON BEHALF OF THAT SCHOLAR A SCHOLARSHIP IN AN AMOUNT EQUAL TO FULL CORNELL TUITION FOR THAT YEAR. -ELIGIBILITY: ALL POSSE SCHOLARS ALREADY ENROLLED IN THE PROGRAM WITH CORNELL UNIVERSITY -SELECTION CRITERIA: SEE DESCRIPTION ABOVE -MONITORING: DISCUSSION WITH CORNELL ON ELIGIBLE STUDENTS MICHAEL L AINSLIE ALUMNI AWARD. THE AINSLIE ALUMNI ACHIEVEMENT AWARD IS GIVEN EACH YEAR TO ONE OUTSTANDING POSSE ALUMNA/ALUMNUS WHO HAS DEMONSTRATED INCREDIBLE LEADERSHIP AND SUCCESS WHILE GIVING BACK TO THE WORLD. THE AWARD HONORS POSSE ALUMNI WHO CONTINUE A LEGACY OF LEADERSHIP IN THEIR COMMUNITIES AND WHO EXEMPLIFY THE VALUES OF THE POSSE FOUNDATION. RECIPIENTS ARE SELECTED BASED ON THEIR POTENTIAL TO CREATE MEANINGFUL, FAR-REACHING CONTRIBUTIONS TO SOCIETY AS DEMONSTRATED BY THEIR TRACK RECORD OF SIGNIFICANT ACCOMPLISHMENT. THE AWARD COMES WITH A PRIZE OF $10,000. POSSE DOES NOT EVALUATE HOW RECIPIENTS USE THE FUNDS, NOR ARE RECIPIENTS REQUIRED TO SUBMIT INFORMATION TO POSSE REGARDING HOW THEY USE THE FUNDS. THE JEFF UBBEN POSSE FELLOWS PROGRAM AWARDS A PRESTIGIOUS SUMMER INTERNSHIP, ALONG WITH A GENEROUS STIPEND TO FIVE OUTSTANDING POSSE SCHOLARS IN THEIR SECOND YEAR OF COLLEGE WHO HAVE ACHIEVED ACADEMIC EXCELLENCE AND DEMONSTRATED EXCEPTIONAL LEADERSHIP POTENTIAL. THE FELLOWS WERE HOSTED AND MENTORED BY LEADERS IN FIVE CAREER VERTICALS: ARTS, EDUCATION, STEM, LAW & GOVERNMENT, AND BUSINESS & FINANCE. BLOOMBERG TECHNICAL SCHOLARSHIP AWARD. CERTAIN FUNDS RECEIVED DURING THE YEAR ARE RESTRICTED FOR TUITION ASSISTANCE FOR TWO STUDENTS. FUNDS ARE PAID DIRECTLY TO THE UNIVERSITIES. X X X X 0 0 0 0 0 0 0 1 0 DEBORAH BIAL PRESIDENT 416015 0 100000 0 0 0 10000 0 15410 0 541425 0 0 0 FRANCIS OCCENA CFO/CAO 176933 0 7000 0 0 0 0 0 7935 0 191868 0 0 0 MATTHEW FASCIANO CHIEF OPERATING OFFICER 239649 0 35000 0 0 0 10000 0 23248 0 307897 0 0 0 HEDY ROMA VP DEVELOPMENT 194631 0 10000 0 0 0 9918 0 7935 0 222484 0 0 0 ALBA RODRIGUEZ VP, POSSE INSTITUTE 132914 0 10000 0 0 0 6416 0 7935 0 157265 0 0 0 RASSAN SALANDY VP EXTERNAL AFFAIRS 123512 0 8500 0 0 0 6456 0 23249 0 161717 0 0 0 REGINA BAIN REGIONAL VICE PRESIDENT 148471 0 5000 0 0 0 4632 0 7935 0 166038 0 0 0 RICO BLANCAFLOR VP STRATEGIC PROJECTS 173482 0 10000 0 0 0 7200 0 7935 0 198617 0 0 0 PART I, LINE 7 BONUSES WERE APROVED BY THE BOARD OF DIRECTORS. JEFFREY UBBEN SEE PART V. 6897828 SEE PART V. 0 BRADLEY SINGER SEE PART V. 6897828 SEE PART V. 0 SCHEDULE L, PART IV: JEFFREY UBBEN (TRUSTEE) AND BRAD SINGER (CHAIR) , WHO ARE BOARD MEMBERS OF THE NATIONAL BOARD OF DIRECTORS OF POSSE FOUNDATION, ARE THE CEO AND COO OF VALUEACT CAPITAL IN WHICH POSSE IS AN INVESTOR. INVESTMENT BALANCE AS OF DECEMBER 31, 2017 AMOUNT TO $6,897,828. X 23 865922 FMV X FURN. & EQUIP. 2 12003 FMV X MISCELLANEOUS 2 1845 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 1. TIMOTHY UBBEN HAS A FAMILY RELATIONSHIP WITH JEFF UBBEN. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE ORGANIZATION'S 990 IS PROVIDED TO ALL BOARD MEMBERS VIA FEDEX AND/OR WEBSHARE, A SECURE ON-LINE ACCESS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION CIRCULATES A "CONFLICT OF INTEREST FORM" WHICH NEEDS TO BE COMPLETED BY ALL MEMBERS OF THE GOVERNING BODY. THE FORMS ARE REVIEWED AND FILED AT THE NATIONAL OFFICE. GOVERNING BODY MEMBERS EXCUSE THEMSELVES FROM ANY MATTERS OF CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD COMPENSATION COMMITTEE USES OTHER NONPROFIT EXECUTIVE COMPENSATIONS AND NONPROFIT FIELD AVAILABLE SURVEYS IN ORDER TO DETERMINE AND APPROVE THE CEO COMPENSATION. THE PRESIDENT OF THE ORGANIZATION, ALSO A BOARD MEMBER, USES NONPROFIT FIELD SURVEYS AND COMPARABLE DATA TO REVIEW AND APPROVE KEY OFFICERS AND MANAGEMENT'S COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES A COPY OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE PUBLIC, UPON REQUEST. FORM 990, PART XI, LINE 9: BAD DEBT -188,186. TRANSPORTATION BENEFITS -95,067. FORM 990, PART XI, LINE 2C: THE PROCESS OF OVERSEEING THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT HAS NOT BEEN CHANGED FROM PRIOR YEAR.