2019-11-15T14:59:08-06:00 2018-12-31 861065772 DELOITTE TAX LLP 111 MONUMENT CIRCLE STE 4200 INDIANAPOLIS IN 462045108 990 2018-01-01 953797687 GEMOLOGICAL INSTITUTE OF AMERICA INC GEMO 7606034000 5345 ARMADA DRIVE CARLSBAD CA 920084602 DAVID J TEARLE SENIOR VP & CFO 7606034000 2019-11-15 1 JEFFREY D FRANK P00287234 3174648600 167.219.88.229 2019-11-15 14:57:22 ES P 7E530C01EC0DBF1FFF79A5BAD1379F9D370DED1E 1E2706C375E039EB00F36CED9FDCA9AB677DCF8F 2018 2020-04-17 16:48:07Z SUSAN JACQUES 5345 ARMADA DRIVE CARLSBAD CA 920084602 305583843 0 X WWW.GIA.EDU X 1931 CA SEE SCHEDULE O FOR ORGANIZATION MISSION STATEMENT. 15 12 1454 14 1164454 0 606362 319043 170821736 197530930 6464188 9123132 105701667 35660531 283593953 242633636 1826992 1900035 0 0 120432424 127493157 0 0 39979 96635401 107570554 218894817 236963746 64699136 5669890 580020223 570820931 39581495 43965453 540438728 526855478 X SEE SCHEDULE O FOR ORGANIZATION MISSION STATEMENT. 0 0 34135689 1900035 15366108 EDUCATION: SEE SCHEDULE O FOR DESCRIPTION OF EXEMPT PURPOSE ACHIEVEMENTS. 172868907 185073822 LABORATORY: SEE SCHEDULE O FOR DESCRIPTION OF EXEMPT PURPOSE ACHIEVEMENTS. 7627882 92688 RESEARCH & PUBLICATIONS: SEE SCHEDULE O FOR DESCRIPTION OF EXEMPT PURPOSE ACHIEVEMENTS. 214632478 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 0 1 1 1 1 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 1 1 1 1 0 0 0 1 1 1 0 0 1 X 176 0 1 1454 1 1 1 1 BE BC CH HK IN IS JA SF TW TH AE UK 0 0 0 0 0 0 0 0 0 0 X 15 12 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AL AK AR CA CT FL GA IL KS KY MD MA MI MN MS NH NJ NY NC OR PA RI SC TN UT VA WV WI X DAVID J TEARLE 7606034000 5345 ARMADA DRIVE CARLSBAD CA 920084602 X SUSAN JACQUES PRESIDENT/CEO 39.00 1.00 X X 764117 0 51569 THOMAS MOSES EXECUTIVE VP 39.00 1.00 X X 736635 0 45304 AMIT DHAMANI GOVERNOR 3.00 0.00 X 18000 0 0 BARBARA DUTROW GOVERNOR 3.00 0.00 X 18000 0 0 KAREN EVANS GOVERNOR (THRU 09/2018) 3.00 0.00 X 9000 0 0 THOMAS INSLEY GOVERNOR 4.00 0.00 X 25500 0 0 R ANDREW JOHNSON GOVERNOR 3.00 0.00 X 18000 0 0 STEPHEN KAHLER GOVERNOR 4.00 0.00 X 23000 0 0 DIONE D KENYON GOVERNOR 5.00 0.00 X 28000 0 0 LISA LOCKLEAR GOVERNOR 4.00 0.00 X 23000 0 0 LAWRENCE MA GOVERNOR 3.00 0.00 X 18000 0 0 SAMANTHA RAVICH GOVERNOR 3.00 0.00 X 9000 0 0 BARBARA SAWREY GOVERNOR 4.00 0.00 X 23000 0 0 ELLIOT TANNENBAUM GOVERNOR 3.00 0.00 X 18000 0 0 JOHN VALLEY GOVERNOR 4.00 0.00 X 20500 0 0 THOMAS YANG GOVERNOR 4.00 0.00 X 23000 0 0 DAVID TEARLE SVP & CFO 39.00 1.00 X 535346 0 42788 JENNIFER WILSON SVP, GENERAL COUNSEL 39.00 1.00 X 463657 0 41396 LISA BIGGS VP, CORP CONTROLLER 40.00 0.00 X 312024 0 23664 MATT CRIMMIN VP, PRODUCT DEVELOPMENT (OUTGOING) 40.00 0.00 X 241451 0 25515 JOHN HALL VP, GLOBAL INFRASTRUCTURE SVCS 40.00 0.00 X 278698 0 47770 MATTHEW HALL VP, LAB OPERATIONS 40.00 0.00 X 304808 0 47381 BEVERLY HORI SVP, EDUCATION (OUTGOING) 40.00 0.00 X 291519 0 28656 ELIZABETH KEATING VP, COMPLIANCE & ETHICS 40.00 0.00 X 312276 0 41923 KATHRYN KIMMEL SVP, CHIEF MKTG OFFICER 40.00 0.00 X 382167 0 31620 ANNA MARTIN SVP, GLOBAL DEVELOPMENT 40.00 0.00 X 496768 0 43304 PRITESH PATEL SVP & COO 40.00 0.00 X 496138 0 51263 DUNCAN PAY VP, CHIEF ACAD OFFICER 40.00 0.00 X 304000 0 47507 SUSAN SCHINDELAR VP, GLOBAL MARKETING 40.00 0.00 X 309822 0 52768 WUYI WANG VP, RESEARCH & DEVELOPMENT 40.00 0.00 X 317692 0 52862 LUCY XIA VP, GLOBAL LAB PLNG 40.00 0.00 X 303743 0 48940 PHILLIP YANTZER VP, LABORATORY SERVICES 40.00 0.00 X 321349 0 49965 ZEESHAN KAZMI CHIEF INFO SECURITY OFFICER 40.00 0.00 X 323777 0 53613 JOHN KING CHIEF QUALITY OFFICER 40.00 0.00 X 308021 0 44082 ROHIT TANDON CHIEF HR OFFICER (OUTGOING) 40.00 0.00 X 287671 0 3058 STEPHEN MORISSEAU DIRECTOR, CORP COMMUNICATIONS 40.00 0.00 X 278717 0 42990 JARED GIANGIULIO SR DIRECTOR, GLOBAL RE & BUS SYS 40.00 0.00 X 245812 0 23065 THERESA MOGAVERO FORMER KEY EMPLOYEE 0.00 0.00 X 132281 0 0 GLENN R NORD FORMER GOVERNOR 0.00 0.00 X 20000 0 0 9042489 0 941003 170 1 1 0 GIA HONG KONG LABORATORY LIMITED 39 QUEENS ROAD CENTRAL CENTRAL HK GRADING SERVICES 13567670 ADS ALLIANCE DATA SYSTEMS INC 6021 CONNECTION DRIVE IRVING TX 75039 MARKETING SERVICES 8545956 TATA CONSULTANCY SERVICES LIMITED NIRMAL BUILDING NARIMAN POINT MUMBAI IN IT SERVICES 3109511 MALCA-AMIT USA LLC 580 FIFTH AVE NEW YORK NY 10036 POSTAGE/SHIPPING 2748926 TATA AMERICA 12977 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 IT SERVICES 2742592 97 319043 317774 319043 GEMOLOGICAL LABORATORY 541990 182757566 182757566 TUITION & FEES 611519 14680676 14680676 GEMOLOGY PUBLICATIONS 511120 92688 92688 197530930 8252863 8252863 40250479 40250479 60879691 548568 60132658 425332 747033 123236 870269 870269 4019558 2392217 1627341 487214 1140127 FOREIGN EXCHANGE GAIN 900099 2316256 2316256 NET MANAGEMENT FEE 900099 24327 24327 NET LICENSE ADJUSTMENT 900099 -8756090 -8756090 198218 198218 -6217289 242633636 200532618 1164454 40617521 X 305695 305695 1241112 1241112 353228 353228 7446208 5409087 2037121 152281 132281 20000 88571816 82122257 6414567 34992 6785988 6279967 503210 2811 17157379 16431516 725863 7379485 6843816 533493 2176 2298460 1575307 723153 1183332 189435 993897 798270 798270 24148950 23096072 1052878 10901600 10226756 674844 16408637 15636077 772560 17692776 14411183 3281593 5648153 4801370 846783 3938941 3454357 484584 2237821 1702123 535698 11685891 10592945 1092946 1415359 1409274 6085 FOREIGN WITHHOLDING TAX 4576263 4539268 36995 MAINTENANCE 3982348 3235981 746367 653753 643371 10382 236963746 214632478 22291289 39979 14682574 13025298 22837229 60422879 50461559 32580597 3328875 11409125 5140437 2460347 5281322 5122425 250443619 109108890 149336851 141334729 269153931 244037032 59797445 60428499 580020223 570820931 8503088 7024594 3996467 3544223 27081940 33396636 39581495 43965453 X 522723731 510377208 4746861 3510134 12968136 12968136 540438728 526855478 580020223 570820931 X 5669890 -19251842 -1298 X 0 1 X 1 0 X FORM 990, SCHEDULE A, PART I: GEMOLOGICAL INSTITUTE OF AMERICA, INC. ("GIA OR "THE INSTITUTE") ALSO QUALIFIES AS A PUBLICLY SUPPORTED ORGANIZATION UNDER SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE (PART I, LINE 10). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 317774 32865218 X X X X X GEMOLOGICAL EDUCATION 0 128635266 5000000 -9390989 1594341 1519725 121130211 91213878 25000075 14415304 1588086 405905 128635266 81466642 5454133 5786205 1419633 73469 91213878 84099236 40325 -1380130 1265190 27599 81466642 81906193 22531 4687648 672903 1844233 84099236 0.86440 0.10710 0.02850 0 0 1450000 11777037 13227037 3411232 130374721 37098050 96687903 5668733 3845485 1823248 28737704 17725490 11012214 69024192 50439865 18584327 141334729 GEM COLLECTIONS 32865218 INVESTMENTS IN SUBSIDIARIES 26937773 OTHER ASSETS 625508 60428499 ACCRUED PAYROLL 17443060 OTHER CURRENT LIABILITIES 375063 SALES & USE TAX PAYABLE 22534 OTHER LONG TERM LIABILITIES 1280738 ACCRUED PAID TIME OFF 7980948 INTERCOMPANY ACCOUNTS 6294293 33396636 X PART III, LINE 4: GIA'S LIBRARY, GEMSTONE, AND JEWELRY COLLECTION IS DISPLAYED IN ITS MUSEUM AND THROUGHOUT GIA; USED FOR PUBLIC EXHIBITION, RESEARCH AND EDUCATION PURPOSES; AND PRESERVED FOR FUTURE GENERATIONS. PART V, LINE 4: GIA USES ENDOWMENT FUNDS FOR ACTIVITIES PURSUANT TO THE INSTITUTE'S MISSION, WHICH IS SUMMARIZED IN THE RESPONSE TO FORM 990, PART III, LINE 1. PART X, LINE 2: THE INSTITUTE ADOPTED ASC 740 ON JANUARY 1, 2007. AS OF THE DATE OF ADOPTION THROUGH DECEMBER 31, 2018, THE INSTITUTE HAD NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE INSTITUTE WOULD RECOGNIZE INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX BENEFITS AS INCOME TAX EXPENSE WHEN ACCRUED. AS THE INSTITUTE HAD NO LIABILITIES FOR UNCERTAIN TAX POSITIONS, THERE HAS BEEN NO ACCRUAL FOR INTEREST AND PENALTIES FOR THE YEARS ENDED DECEMBER 31, 2018 OR 2017. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE INSTITUTE'S BROCHURES AND APPLICATIONS ALL INCLUDE STATEMENTS OF ITS NONDISCRIMINATION POLICY. THE INSTITUTE CUSTOMARILY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS NATIONWIDE OR WORLDWIDE AND FOLLOWS A NONDISCRIMINATION POLICY. ACCORDINGLY, THE NEWSPAPER OR BROADCAST PUBLICATION REQUIREMENT IS SATISFIED BY ADHERENCE TO REV. PROC. 75-50, SECTION 4.02. SCHEDULE E, PART I, LINE 6 GIA IS ACCREDITED BY ACCSC, WHICH IS RECOGNIZED BY THE US DEPARTMENT OF EDUCATION. GIA PARTICIPATES IN TITLE IV PROGRAMS. GIA ALSO ACCEPTS VETERAN'S BENEFITS FOR PROGRAMS THAT QUALIFY. 1 MIDDLE EAST AND NORTH AFRICA 1 141 PROGRAM SERVICES LAB & RESEARCH SERVICES 10476852 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES SCHOLARSHIP GRANTS TO RECIPIENTS IN REGION 238105 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 PROGRAM SERVICES SCHOLARSHIP GRANTS TO RECIPIENTS IN REGION 15679 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES SCHOLARSHIP GRANTS TO RECIPIENTS IN REGION 2429 NORTH AMERICA 0 0 PROGRAM SERVICES SCHOLARSHIP GRANTS TO RECIPIENTS IN REGION 2857 EUROPE (INCLUDING ICELAND AND GREENLAND) INVESTMENTS IN WHOLLY OWNED SUBSIDIARIES 366198 EAST ASIA AND THE PACIFIC INVESTMENTS IN WHOLLY OWNED SUBSIDIARIES 3034712 SOUTH ASIA INVESTMENTS IN WHOLLY OWNED SUBSIDIARIES 23556603 SUB-SAHARAN AFRICA 0 0 GRANTMAKING 59158 SOUTH ASIA 0 0 GRANTMAKING 15000 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 GRANTMAKING 20000 1 141 0 0 1 141 37693435 94158 37787593 SUB-SAHARAN AFRICA EDUCATION DELIVERY AND ADVANCE GEMOLOGICAL EDUCATION 23000 9908 EDUCATIONAL MATERIALS AND MICROSCOPES FMV SUB-SAHARAN AFRICA ADVANCE GEMOLOGICAL EDUCATION 7500 MICROSCOPES FMV SUB-SAHARAN AFRICA ADVANCE GEMOLOGICAL EDUCATION 3750 MICROSCOPES FMV SUB-SAHARAN AFRICA ADVANCE GEMOLOGICAL EDUCATION 15000 MICROSCOPES FMV SOUTH ASIA ADVANCE GEMOLOGICAL EDUCATION 15000 MICROSCOPES FMV EUROPE (INCLUDING ICELAND & GREENLAND) SCHOLARSHIP SUPPORT FOR 2018 CONFERENCE 20000 4 2 SCHOLARSHIP AWARDS EAST ASIA AND THE PACIFIC 39 238105 TUITION REDUCTION FMV SCHOLARSHIP AWARDS EUROPE (INCLUDING ICELAND AND GREENLAND) 8 15679 TUITION REDUCTION FMV SCHOLARSHIP AWARDS MIDDLE EAST AND NORTH AFRICA 2 2429 TUITION REDUCTION FMV SCHOLARSHIP AWARDS NORTH AMERICA 2 2857 TUITION REDUCTION FMV 1 0 1 0 0 1 PART I, LINE 2: AFTER GIA RECEIVES THE SIGNED ACCEPTANCE FORM AND THE STUDENT ENROLLS, AN AWARD LINE IS SET UP IN PEOPLESOFT TO READY THE AWARD FOR DISBURSEMENT. THE AWARD IS DISBURSED THROUGH THE PEOPLESOFT SYSTEM AS A CREDIT TO THE STUDENT'S TUITION ACCOUNT. THE FUNDS ARE NOT DISBURSED DIRECTLY TO THE STUDENT UNLESS THE PROVISIONS OF THE SCHOLARSHIP INCLUDE LIVING EXPENSES; ANY SUCH AWARD IS DISBURSED THROUGH PEOPLESOFT IN THE SAME MANNER AS OTHER FINANCIAL AID DESIGNATED FOR LIVING EXPENSES. THE INTERNATIONAL SCHOOL MUST INITIATE THE PROCESS OF TRANSFERRING FUNDS FROM GIA BY SUBMITTING A WRITTEN INVOICE TO THE SCHOLARSHIP COORDINATOR AT GIA; EMAIL IS ACCEPTABLE. THE INVOICE MUST INCLUDE THE SCHOLARSHIP RECIPIENT'S NAME, STUDENT NUMBER, SCHOLARSHIP AWARD AMOUNT IN LOCAL CURRENCY, NAME OF THE SCHOLARSHIP, AND COURSE ENROLLMENT INFORMATION (START DATE, COURSE NAME AND NUMBER). GIA TRANSFERS THE FUNDS TO THE SCHOOL WHEN THE SCHOLARSHIP RECIPIENTS BEGIN THEIR QUALIFIED COURSE OF STUDY AT GIA INDIA, GIA ENGLAND, GIA (INTERNATIONAL) COMPANY, LTD (AKA GIA THAILAND SCHOOL), GIA HONG KONG LIMITED, GIA INSTRUMENT (TAIWAN) CO. (AKA GIA TAIWAN SCHOOL), OR GIA EDUCATION AND LABORATORY LIMITED (AKA GIA BOTSWANA). FORM 990, SCHEDULE F, PART V: THE AMOUNTS REPORTED IN SCHEDULE F WERE DETERMINED USING THE ACCRUAL METHOD OF ACCOUNTING. 1 VARIOUS LAW ENFORCEMENT AGENCIES GOVERNMENT ENTITY 43175 FMV SEE SUPPLEMENTAL INFORMATION, PART IV SUPPORT LAW ENFORCEMENT FUNCTION OF REDUCING THEFT, FRAUD & MISREPRESENTATION PACT INSTITUTE 1828 L STREET NW NO 300 WASHINGTON DC 20036 522131854 501(C)(3) 61000 11573 COST EDUCATIONAL MATERIALS SUPPORT EDUCATION OF ARTISANAL MINERS IN GEM MINING COMMUNITIES DIAMOND DEVELOPMENT INITIATIVE INTERNATIONAL 1 NICHOLAS STREET STE 1516A OTTAWA CA 510616171 501(C)(3) 40000 2702 COST EDUCATIONAL MATERIALS SUPPORT GEMKIDS EDUCATION DELIVERY DIAMOND EMPOWERMENT FUND INC 85 BROAD STREET 16TH FLOOR NEW YORK NY 10004 205967103 501(C)(3) 15500 SUPPORT EDUCATION OF ARTISANAL MINERS IN GEM MINING COMMUNITIES FALLBROOK GEM & MINERAL SOCIETY 123 WEST ALVARADO STREET STE B FALLBROOK CA 92028 956093419 501(C)(3) 8000 FMV GEM LEARNING MATERIALS ADVANCE GEMOLOGICAL EDUCATION PRINCETON UNIVERSITY 701 CARNEGIE CENTER PRINCETON NJ 08540 210634501 501(C)(3) 3518 493 COST EDUCATION DELIVERY DIAMOND SYMPOSIUM AMERICAN GEM SOCIETY 8881 W SAHARA AVE LAS VEGAS NV 89117 951409272 501(C)(6) 26025 SUPPORT EDUCATION RELATED TO CONSUMER PROTECTION, ETHICS & GEMOLOGICAL KNOWLEDGE AMERICAN GEM SOCIETY 8881 W SAHARA AVE LAS VEGAS NV 89117 951409272 501(C)(6) 10000 9822 COST EDUCATIONAL MATERIALS SPONSOR GEM EDUCATION - AGS, MARCH 2018 JEWELERS SECURITY ALLIANCE 6 E 45TH STREET 1305 NEW YORK NY 10017 130887438 501(C)(6) 25000 SUPPORT LAW ENFORCEMENT FUNCTION OF CRIME PREVENTION & DETECTION UNITED STATES KIMBERLEY PROCESS AUTHORITY 801 2ND AVENUE STE 303 NEW YORK NY 10017 412077173 501(C)(6) 10000 SUPPORT SUSTAINABILITY & ETHICS INITIATIVES MAINE PEGMATITE WORKSHOP 99 MAIN STREET BETHEL ME 04217 7000 SCHOLARSHIP SUPPORT THE GEMOLOGICAL SOCIETY OF SAN DIEGO PO BOX 161106 SAN DIEGO CA 92176 330137957 501(C)(7) 8658 FMV GEM LEARNING MATERIALS ADVANCE GEMOLOGICAL EDUCATION AMERICAN GEM SOCIETY 8881 W SAHARA AVE LAS VEGAS NV 89117 951409272 501(C)(6) 4995 FMV GEMOLOGICAL EQUIPMENT ADVANCE GEMOLOGICAL EDUCATION JEWELERS FOR CHILDREN 120 BROADWAY STE 2820 NEW YORK NY 10271 133716474 501(C)(3) 4995 FMV GEMOLOGICAL EQUIPMENT ADVANCE GEMOLOGICAL EDUCATION DIAMOND DEVELOPMENT INITIATIVE INTERNATIONAL 1 NICHOLAS STREET STE 1516A OTTAWA CA 510616171 501(C)(3) 3750 FMV MICROSCOPES ADVANCE GEMOLOGICAL EDUCATION ST JUDE CHILDREN'S RESEARCH HOSPITAL 262 DANNY THOMAS PLACE MEMPHIS TN 38105 620646012 501(C)(3) 2829 COST EDUCATIONAL MATERIALS SUPPORT GEMKIDS EDUCATION DELIVERY SAN DIEGO HABITAT FOR HUMANITY INC 8128 MERCURY COURT SAN DIEGO CA 92111 330259190 501(C)(3) 4000 COMMUNITY OUTREACH MINERALOGICAL SOCIETY OF AMERICA 3635 CONCORDE PKWY STE 500 CHANTILLY VA 20151 526044250 501(C)(3) 1000 ADVANCEMENT OF GEMOLOGY IN THE SCIENCES, INDUSTRY AND THE ARTS JEWELERS FOR CHILDREN 120 BROADWAY STE 2820 NEW YORK NY 10271 133716474 501(C)(3) 1660 SUPPORT FOR VARIOUS CHILDREN'S CHARITIES 10 5 SCHOLARSHIP AWARDS 487 0 1241112 FMV TUITION REDUCTION PART I, LINE 2: SCHOLARSHIPS - AFTER GIA RECEIVES THE SIGNED ACCEPTANCE FORM AND THE STUDENT ENROLLS, AN AWARD LINE IS SET UP IN PEOPLESOFT TO READY THE AWARD FOR DISBURSEMENT. THE AWARD IS DISBURSED THROUGH THE PEOPLESOFT SYSTEM AS A CREDIT TO THE STUDENT'S TUITION ACCOUNT. THE FUNDS ARE NOT DISBURSED DIRECTLY TO THE STUDENT UNLESS THE PROVISIONS OF THE SCHOLARSHIP INCLUDE LIVING EXPENSES; ANY SUCH AWARD IS DISBURSED THROUGH PEOPLESOFT IN THE SAME MANNER AS OTHER FINANCIAL AID DESIGNATED FOR LIVING EXPENSES. OTHER GRANTS - GIA MAKES LIMITED GRANTS TO ORGANIZATIONS IN ORDER TO FURTHER ITS MISSION, UPON REVIEW AND APPROVAL BY SENIOR EXECUTIVE MANAGEMENT. PART II, LINE 1, COLUMN (H): GIA REGULARLY ORGANIZES AND CONDUCTS SEMINARS FOR THE FBI AND OTHER LAW ENFORCEMENT OFFICIALS. IN 2018, GIA OFFERED TWO GEMOLOGY TRAINING SEMINARS FREE OF CHARGE FOR FBI AND OTHER LAW ENFORCEMENT OFFICERS, ONE IN MIAMI, FLORIDA AND ONE IN CARLSBAD, CALIFORNIA. THE PURPOSE OF THE TRAINING SEMINARS WAS TO ASSIST THE LAW ENFORCEMENT OFFICERS IN THE INVESTIGATION AND PROSECUTION OF JEWELRY RELATED CRIMES. GIA DIRECTLY PAID THE SEMINAR-RELATED EXPENSES AND PROVIDED EXPERT INSTRUCTORS FOR THE PROGRAM. IN 2018, GIA CONTINUED ITS PRACTICE OF FLAGGING STOLEN GEMSTONES IN ITS DATABASE, AND RECOVERED MULTIPLE GEMSTONES IN CASES IN WHICH STONES WERE RESUBMITTED TO THE LABORATORY AFTER HAVING BEEN STOLEN. GIA ALSO GRADED STONES FOR LAW ENFORCEMENT AT NO COST AND RESPONDED TO MANY INFORMATION REQUESTS FROM LAW ENFORCEMENT AGENCIES. FURTHERMORE, GIA PROVIDED MANY DOCUMENTS AT THE REQUEST OF LAW ENFORCEMENT TO ASSIST THEM IN THEIR DUTIES. GIA PARTICIPATED IN AN AGREEMENT WITH U.S. IMMIGRATION AND CUSTOMS ENFORCEMENT TO MAINTAIN A DATABASE OF GEMSTONES TO FACILITATE THE EFFORTS OF TRADE AND LAW ENFORCEMENT OFFICIALS RELATED TO IDENTIFICATION OF NATURAL, TREATED, AND SYNTHETIC STONES AND COUNTRIES OF ORIGIN. GIA ENCOURAGES LAW ENFORCEMENT PERSONNEL TO ENROLL IN GIA EDUCATIONAL COURSES RELATED TO THEIR OFFICIAL DUTIES AND DOES NOT CHARGE FOR SUCH ENROLLMENTS. X X 1 1 X X X X X 1 0 0 0 0 0 0 1 0 SUSAN JACQUES PRESIDENT/CEO 544896 0 185500 0 33721 0 22000 0 29569 0 815686 0 0 0 THOMAS MOSES EXECUTIVE VP 545220 0 185500 0 5915 0 22000 0 23304 0 781939 0 0 0 DAVID TEARLE SVP & CFO 412722 0 120250 0 2374 0 22000 0 20788 0 578134 0 0 0 JENNIFER WILSON SVP, GENERAL COUNSEL 346533 0 114750 0 2374 0 22000 0 19396 0 505053 0 0 0 LISA BIGGS VP, CORP CONTROLLER 251473 0 60000 0 551 0 22000 0 1664 0 335688 0 0 0 MATT CRIMMIN VP, PRODUCT DEVELOPMENT (OUTGOING) 172745 0 47600 0 21106 0 19325 0 6190 0 266966 0 0 0 JOHN HALL VP, GLOBAL INFRASTRUCTURE SVCS 229008 0 47500 0 2190 0 19491 0 28279 0 326468 0 0 0 MATTHEW HALL VP, LAB OPERATIONS 243992 0 60000 0 816 0 22000 0 25381 0 352189 0 0 0 BEVERLY HORI SVP, EDUCATION (OUTGOING) 178323 0 73050 0 40146 0 22000 0 6656 0 320175 0 0 0 ELIZABETH KEATING VP, COMPLIANCE & ETHICS 276266 0 29000 0 7010 0 22000 0 19923 0 354199 0 0 0 KATHRYN KIMMEL SVP, CHIEF MKTG OFFICER 314007 0 61150 0 7010 0 22000 0 9620 0 413787 0 0 0 ANNA MARTIN SVP, GLOBAL DEVELOPMENT 393647 0 95750 0 7371 0 22000 0 21304 0 540072 0 0 0 PRITESH PATEL SVP & COO 369310 0 126000 0 828 0 22000 0 29263 0 547401 0 0 0 DUNCAN PAY VP, CHIEF ACAD OFFICER 242755 0 60000 0 1245 0 22000 0 25507 0 351507 0 0 0 SUSAN SCHINDELAR VP, GLOBAL MARKETING 244184 0 62000 0 3638 0 22000 0 30768 0 362590 0 0 0 WUYI WANG VP, RESEARCH & DEVELOPMENT 253922 0 62500 0 1270 0 22000 0 30862 0 370554 0 0 0 LUCY XIA VP, GLOBAL LAB PLNG 242492 0 60000 0 1251 0 22000 0 26940 0 352683 0 0 0 PHILLIP YANTZER VP, LABORATORY SERVICES 256475 0 62500 0 2374 0 22000 0 27965 0 371314 0 0 0 ZEESHAN KAZMI CHIEF INFO SECURITY OFFICER 259325 0 63900 0 552 0 22000 0 31613 0 377390 0 0 0 JOHN KING CHIEF QUALITY OFFICER 254378 0 50000 0 3643 0 22000 0 22082 0 352103 0 0 0 ROHIT TANDON CHIEF HR OFFICER (OUTGOING) 9651 0 47154 0 230866 0 846 0 2212 0 290729 0 0 0 STEPHEN MORISSEAU DIRECTOR, CORP COMMUNICATIONS 233465 0 43000 0 2252 0 22000 0 20990 0 321707 0 0 0 JARED GIANGIULIO SR DIRECTOR, GLOBAL RE & BUS SYS 206863 0 38500 0 449 0 19657 0 3408 0 268877 0 0 0 THERESA MOGAVERO FORMER KEY EMPLOYEE 0 0 0 0 132281 0 0 0 0 0 132281 0 0 0 GLENN R NORD FORMER GOVERNOR 0 0 0 0 20000 0 0 0 0 0 20000 0 0 0 PART I, LINE 1A GROSS-UPS - ON OCCASION, GROSS-UP PAYMENTS ASSOCIATED WITH TAXABLE BENEFITS ARE PROVIDED. IN SUCH CASES, BOTH THE BENEFIT AND THE GROSS-UP AMOUNT ARE REPORTED AS TAXABLE COMPENSATION ON THE EMPLOYEE'S FORM W-2. GROSS-UPS ARE AVAILABLE TO ALL EMPLOYEE GROUPS. HEALTH CLUB FEES - AS PROVIDED IN THE GIA EMPLOYEE HANDBOOK, GIA PROVIDES TO ALL EMPLOYEES ON A ONE-TIME BASIS, REIMBURSEMENT UP TO $100 OF THE EMPLOYEE'S HEALTH CLUB OR FITNESS PROGRAM MEMBERSHIP FEE. GIA WILL ONLY REIMBURSE THE EMPLOYEE ONCE RECEIPTS ARE SUBMITTED. THIS REIMBURSEMENT IS AVAILABLE TO ALL EMPLOYEES. THE BENEFIT IS REPORTED AS TAXABLE COMPENSATION ON THE EMPLOYEE'S FORM W-2. PART I, LINE 4A SEPARATION PAYMENTS WERE MADE, AS FOLLOWS: $132,281 TO THERESA MOGAVERO, OUTGOING VP OF GLOBAL EDUCATION OPERATIONS $226,704 TO ROHIT TANDON, OUTGOING CHIEF HUMAN RESOURCES OFFICER PART I, LINE 7 THE BOARD OF GOVERNORS HAS THE DISCRETION TO APPROVE SPECIAL AWARDS EACH YEAR IN RECOGNITION OF TEAM CONTRIBUTIONS TO ACHIEVING ORGANIZATIONAL GOALS. WITHIN EACH TEAM, AWARDS ARE ALLOCATED ACCORDING TO INDIVIDUAL EMPLOYEE PERFORMANCE MEASURES. THESE AMOUNTS ARE LISTED IN SCHEDULE J, PART II, COLUMN B(II). FORM 990, SCHEDULE J, PART II, COLUMN B(III): THE 'OTHER REPORTABLE COMPENSATION' REPORTED IN COLUMN B(III) CONSISTS OF THE VALUE OF GROUP TERM LIFE INSURANCE IN EXCESS OF $50,000 AND CASH-OUTS OF EARNED PAID TIME OFF (BOTH OF WHICH WERE OFFERED TO ALL EMPLOYEES) AS WELL AS SEPARATION PAYMENTS MADE TO TWO EMPLOYEES PER THEIR SEPARATION AGREEMENTS. SEE PART V SEE PART V 146671 SEE PART V 0 SEE PART V SEE PART V 1477148 SEE PART V 0 SEE PART V SEE PART V 307802 SEE PART V 0 FORM 990, SCHEDULE L, PART IV, LINE 1: (A) NAME OF INTERESTED PERSON: KELLY YANTZER - SENIOR DIRECTOR, STUDENT AFFAIRS(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: FAMILY MEMBER OF PHILLIP YANTZER, KEY EMPLOYEE(C) AMOUNT OF TRANSACTION: $146,671(D) DESCRIPTION OF TRANSACTION: MS. YANTZER IS GIA'S SENIOR DIRECTOR OF STUDENT AFFAIRS. HER COMPENSATION IS REASONABLE IN LIGHT OF THE VALUE OF HER SERVICES TO THE INSTITUTE. SHE IS SUPERVISED BY, AND HER COMPENSATION LEVEL IS SET BY, GIA'S VICE PRESIDENT/CHIEF ACADEMIC OFFICER, AND MR. YANTZER HAS NO INVOLVEMENT IN HER EMPLOYMENT OR COMPENSATION. FORM 990, SCHEDULE L, PART IV, LINE 2: (A) NAME OF INTERESTED PERSON: ASKUPA LTD.(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: ELLIOT TANNENBAUM IS A MEMBER OF GIA'S BOARD OF GOVERNORS AND IS A PRINCIPAL OF ASKUPA LTD.(C) AMOUNT OF TRANSACTION: RENT PAYMENTS OF $1,477,148(D) DESCRIPTION OF TRANSACTION: IN 2015, GIA ENTERED INTO A FIVE-YEAR LEASE AGREEMENT FOR NEW LABORATORY AND ADMINISTRATIVE SPACE IN RAMAT GAN, ISRAEL. ELLIOT TANNENBAUM, WHO IS A MEMBER OF THE BOARD OF GIA, IS A PRINCIPAL IN THE LESSOR, ASKUPA LTD. THE LEASE WAS APPROVED BY DISINTERESTED BOARD MEMBERS AFTER DISCLOSURE OF THE INVOLVEMENT OF THE PARTICULAR BOARD MEMBER. THE BOARD DETERMINED THAT THE LEASE TERMS WERE REASONABLE AS COMPARED TO LEASE TERMS FOR COMPARABLE SPACE. IN 2018, GIA PAID RENT EXPENSE PER THE TERMS OF THE LEASE; THE EXPENSE IS REFLECTED IN OCCUPANCY IN THE STATEMENT OF FUNCTIONAL EXPENSES. FORM 990, SCHEDULE L, PART IV, LINE 3: THE INSTITUTE STRIVES TO MAINTAIN A BOARD OF GOVERNORS COMPOSED OF OUTSTANDING INDIVIDUALS WITH VARIED BACKGROUNDS WHO ARE ABLE TO CONTRIBUTE IMPORTANTLY TO THE ACCOMPLISHMENT OF THE INSTITUTE'S EXEMPT PURPOSES. THESE INCLUDE EXPERTS FROM THE FIELDS OF SCIENCE, ACADEMIA, FINANCE AND BUSINESS. THE INSTITUTE IS ALSO FORTUNATE TO HAVE BEEN ABLE TO RECRUIT A NUMBER OF OUTSTANDING EXPERTS (BOTH RETIRED AND ACTIVE) IN THE VARIOUS ASPECTS OF GEMS AND JEWELRY. THEREFORE, IT IS NOT SURPRISING THAT FIRMS ASSOCIATED WITH SOME OF THESE GOVERNORS HAVE PARTICIPATED IN THE INSTITUTE'S THREE EXEMPT ACTIVITIES PREVIOUSLY REPORTED TO AND APPROVED BY THE IRS: EDUCATION, RESEARCH, AND GEM LABORATORY ACTIVITIES. (IN ADDITION, A RELATIVELY SMALL PORTION OF THE TRANSACTIONS INVOLVED SALES OF GEMOLOGICAL INSTRUMENTS, BOOKS AND SUPPLIES WHICH HAVE BEEN REPORTED AS NONEXEMPT ACTIVITIES.) SUCH PARTICIPATION BY THESE FIRMS, HOWEVER, BEGAN BEFORE THE ELECTION OF THESE INDIVIDUALS TO THE BOARD OF GOVERNORS AND REPRESENTS A TINY FRACTION OF THE TOTAL ACTIVITIES REPORTED ON FORM 990. OBVIOUSLY, TO BAR FIRMS AFFILIATED WITH BOARD MEMBERS FROM UTILIZING THE SERVICES OF THE INSTITUTE THEY HAD PREVIOUSLY ENJOYED WOULD LIKELY DEPRIVE GIA OF THE SERVICES OF COMMITTED AND TALENTED LEADERS SUCH AS THESE.IN 2018, ONE FIRM ASSOCIATED WITH A MEMBER OF THE BOARD OF GOVERNORS PAID FEES RELATED TO LABORATORY SERVICES TO GIA. THE FEES PAID TO GIA WERE THE SAME AS THOSE PAID BY ANY OTHER SIMILARLY-SITUATED CLIENT. THE FOLLOWING FIRM WAS A CLIENT OF THE GIA LABORATORY BEFORE THE AFFILIATED INDIVIDUAL BECAME A MEMBER OF THE BOARD OF GOVERNORS:(A) NAME OF INTERESTED PERSON: LEO SCHACHTER DIAMOND GROUP(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: ELLIOT TANNENBAUM IS A MEMBER OF GIA'S BOARD OF GOVERNORS AND IS A PRINCIPAL OF LEO SCHACHTER DIAMOND GROUP.(C) AMOUNT OF TRANSACTION: $307,802(D) DESCRIPTION OF TRANSACTION: LABORATORY SERVICES X 32 317774 SALE OF COMP. PROP. 4 0 1 0 PART I, COLUMN (B): GIA IS REPORTING THE NUMBER OF CONTRIBUTIONS. FORM 990, PART I, LINE 1, ORGANIZATION MISSION STATEMENT: GIA IS THE WORLD'S LARGEST AND MOST RESPECTED NONPROFIT INSTITUTE OF GEMOLOGICAL LEARNING AND RESEARCH. THE INSTITUTE'S MISSION AND MOST SIGNIFICANT ACTIVITIES ARE (A) OPERATING A SCHOOL PROVIDING EDUCATION AND GRANTING DIPLOMAS IN GEMOLOGY AND RELATED AREAS; (B) PROTECTING THE PUBLIC FROM MISREPRESENTATION PERTAINING TO GEMS, DETERRING GEM THEFT, ASSISTING IN THE RECOVERY OF STOLEN PROPERTY AND PROSECUTION OF CRIMINALS, AND PROMOTING STATE-OF-THE-ART RESEARCH INTO THE TECHNIQUES BY WHICH GEMS ARE MODIFIED TECHNOLOGICALLY OR GROWN IN A LABORATORY; AND (C) SUPPORTING, PERFORMING, AND PUBLISHING SCIENTIFIC RESEARCH AND ANALYSIS RELATED TO GEMS AND GEMOLOGY AND LEARNING IN RELATED FIELDS. GIA OFFERS A COMPREHENSIVE GEMOLOGY CURRICULUM TAUGHT BY A FULL-TIME, PROFESSIONAL FACULTY TO REGULARLY ENROLLED STUDENTS AT ITS ON-CAMPUS FACILITIES IN CARLSBAD, CALIFORNIA AND NEW YORK CITY, NEW YORK, AND THROUGH SUBSIDIARIES IN VARIOUS OTHER COUNTRIES. GIA ALSO OFFERS EXTENSIVE DISTANCE EDUCATION. GIA'S RESEARCHERS UTILIZE SOPHISTICATED ANALYTICAL TECHNIQUES AND EQUIPMENT TO ADVANCE THE SCIENCE OF GEMOLOGY, AND TO DETECT LABORATORY GROWN AND ALTERED GEMS. GIA'S LIBRARY AND QUARTERLY PUBLICATION, GEMS & GEMOLOGY, COLLECT AND DISSEMINATE RESEARCH ON GEMS. GIA'S LABORATORY PROTECTS THE PUBLIC FROM MISREPRESENTATION ABOUT GEMS, DETERS GEM THEFT, AND HELPS LAW ENFORCEMENT BY TRACING STOLEN GEMS, WHILE PROMOTING STATE-OF-THE-ART RESEARCH. GIA HAS BEEN CERTIFIED BY THE RESPONSIBLE JEWELLERY COUNCIL SINCE 2011, AS MEETING THE HIGHEST ETHICAL, SOCIAL AND ENVIRONMENTAL STANDARDS ESTABLISHED BY THE RJC'S CODE OF PRACTICES. FORM 990, PART I, ITEM L, YEAR OF FORMATION: THE GEMOLOGICAL INSTITUTE OF AMERICA WAS ESTABLISHED IN 1931 BY ROBERT M. SHIPLEY WHO INTRODUCED CORRESPONDENCE COURSES IN THE SAME YEAR. SUBSEQUENTLY, GIA CORPORATIONS WERE FORMED IN OHIO AND IN CALIFORNIA. THE CURRENT GEMOLOGICAL INSTITUTE OF AMERICA, INC. ("GIA OR "THE INSTITUTE") IS A CALIFORNIA NONPROFIT, PUBLIC BENEFIT CORPORATION, WHICH IS THE SUCCESSOR TO THE CALIFORNIA CORPORATION INITIALLY INCORPORATED IN 1982, WHICH IN TURN IS THE SUCCESSOR TO THE OHIO CORPORATION INCORPORATED IN 1943. FORM 990, PART III, LINE 4A: EDUCATION: GIA OFFERS A COMPREHENSIVE GEMOLOGY CURRICULUM AT THE INSTITUTE'S CALIFORNIA AND NEW YORK CAMPUSES, AND THROUGH INTERNATIONAL SUBSIDIARIES IN INDIA, THAILAND, HONG KONG, ENGLAND, SOUTH AFRICA, BOTSWANA, UNITED ARAB EMIRATES, JAPAN, AND TAIWAN, AND THROUGH A LICENSEE IN KOREA. DISTANCE EDUCATION COURSES ARE DISTRIBUTED DOMESTICALLY AND INTERNATIONALLY IN A VARIETY OF LANGUAGES. IN 2018, TOTAL ENROLLMENTS WERE 14,297, COMPRISED OF 2,416 ON-CAMPUS AND 11,881 THROUGH DISTANCE EDUCATION. GIA WAS AWARDED THE SCHOOL OF EXCELLENCE AWARD IN 2017 (CALIFORNIA) AND 2014 (NEW YORK) BY THE ACCREDITING COMMISSION OF CAREER SCHOOLS AND COLLEGES (ACCSC) AT THE CONCLUSION OF EACH CAMPUS' FIVE-YEAR ACCREDITATION CYCLE. ONLY A HANDFUL OF SCHOOLS IN THE COUNTRY QUALIFY FOR THIS HIGH HONOR. GIA'S EDUCATIONAL OFFERINGS COVER THE GAMUT OF GEMOLOGY SUBJECTS, INCLUDING, BUT NOT LIMITED TO: (A) THE USE OF GEMOLOGICAL INSTRUMENTS, (B) THE OPTICAL AND PHYSICAL PROPERTIES OF DIAMONDS, GEMSTONES, PEARLS AND OTHER NATURAL ORGANIC GEM MATERIALS, (C) LABORATORY GROWN DIAMONDS AND DIAMOND SIMULANTS, (D) DETECTION OF FRACTURE-FILLED DIAMONDS AND LABORATORY GROWN DIAMONDS, (E) DETERMINATION OF COLOR, CLARITY, CUT, AND CARAT WEIGHT OF DIAMONDS, (F) APPLICATION OF FTC GUIDELINES FOR JEWELRY TRANSACTIONS, (G) DETECTION OF LABORATORY GROWN, TREATED, IMITATION OR ASSEMBLED COLORED GEM MATERIALS, AND (H) DETECTION OF CULTURED, IMITATION, ASSEMBLED AND TREATED PEARLS. GIA OFFERS VARYING LEVELS OF CERTIFICATION IN THE AREAS OF DIAMONDS, COLORED STONES, PEARLS, AND JEWELRY. A GRADUATE GEMOLOGIST (G.G.) DIPLOMA FROM GIA IS RECOGNIZED AROUND THE GLOBE AS A KEY CREDENTIAL IN THE GEMOLOGICAL WORLD. IN 2003, IN RESPONSE TO A GROWING NEED FOR QUALITY SCIENCE COURSES FOR CHILDREN, GIA CREATED THE JUNIOR GEMOLOGIST PROGRAM. THE JUNIOR GEMOLOGIST PROGRAM TEACHES GEMOLOGY, GEOLOGY AND MINERALOGY TO LOCAL STUDENTS AND YOUTH GROUPS, WITH INSTRUCTION PROVIDED BY THE INSTITUTE'S INSTRUCTORS AND MEMBERS OF THE GEM AND JEWELRY INDUSTRY. THE MATERIAL IS PRESENTED IN AN INTERACTIVE AND SCIENTIFIC WORKSHOP THAT INCLUDES HANDS-ON TRAINING WITH GEMOLOGICAL INSTRUMENTS AND EQUIPMENT. IN 2018, APPROXIMATELY 4,308 STUDENTS ATTENDED THE JUNIOR GEMOLOGIST PROGRAMS IN CARLSBAD, WITH ADDITIONAL PROGRAM SESSIONS OFFERED IN BOTSWANA AND SOUTH AFRICA, AND AT THE ST. JUDE CHILDREN'S RESEARCH HOSPITAL IN MEMPHIS, TENNESSEE. IN ADDITION, GIA LAUNCHED THE GEMKIDS WEBSITE IN 2014, BRINGING INTERACTIVE, ONLINE GEMOLOGY AND GEOLOGY EDUCATION TO STUDENTS AGES 9-12. GIA HOSTS A JEWELRY CAREER FAIR AND OPEN HOUSE AT ONE OR MORE OF ITS CAMPUSES ON AN ANNUAL BASIS. THE EVENT IS FREE AND OPEN TO THE PUBLIC. AS THE JEWELRY INDUSTRY'S LARGEST JOB FAIR, THE EVENT ALWAYS ATTRACTS THE INDUSTRY'S TOP RETAILERS, MANUFACTURERS, LABORATORIES AND WHOLESALERS INTERESTED IN HIRING GIA STUDENTS AND GRADUATES. IN 2018, APPROXIMATELY 550 INDIVIDUALS ATTENDED THE CAREER FAIR AND OPEN HOUSE EVENT IN NEW YORK. THE MISSION OF THE INSTITUTE'S RICHARD T. LIDDICOAT GEMOLOGICAL LIBRARY AND INFORMATION CENTER IN CARLSBAD, CALIFORNIA IS TO CONTINUE AS THE WORLD'S PREMIER RESOURCE FOR INFORMATION IN THE FIELDS OF GEM AND JEWELRY-RELATED STUDIES. AS SUCH, THE INSTITUTE PROMOTES THE USE OF ITS RESOURCES FOR EDUCATION AND RESEARCH BY THE PUBLIC, THE GEM AND JEWELRY INDUSTRY, AND THE INSTITUTE'S STUDENTS, FACULTY AND ALUMNI. THE INSTITUTE'S LIBRARY HOUSES THE WORLD'S LARGEST COLLECTION OF DIAMOND, GEM AND JEWELRY RESOURCE MATERIALS. WHETHER BY PHONE, E-MAIL OR IN PERSON, THE LIBRARY STAFF SERVES SCIENTISTS, JEWELERS, GEMOLOGISTS AND STUDENTS FROM EVERY CORNER OF THE GLOBE. THE EXPERT LIBRARY STAFF DRAWS UPON A GROWING COLLECTION OF OVER 17,000 ITEMS IN ITS CIRCULATING COLLECTION, OVER 49,000 ITEMS IN THE RENOWNED CARTIER RARE BOOK REPOSITORY AND ARCHIVES, OVER 214,000 PHOTOGRAPHIC IMAGES, 2,000 VIDEOS (VHS AND DVD FORMAT), APPROXIMATELY 700 JOURNAL AND MAGAZINE TITLES, 250 CD-ROMS AND 130 AUDIO CDS TO PROVIDE READY REFERENCE IN THE FIELDS OF GEMOLOGY AND JEWELRY. GIA'S LIBRARY COLLECTION ALSO INCLUDES 142 DIGITAL TITLES PURCHASED THROUGH OVERDRIVE, A DIGITAL CONTENT PROVIDER, AND 503 DIGITIZED VERSIONS OF RARE WORKS IN THE COLLECTION. THE INSTITUTE'S MUSEUM ALSO EDUCATES THE PUBLIC ON GEMS AND GEMOLOGY, DISPLAYING CUT GEMS, MINERAL SPECIMENS AND JEWELRY. IN 2018, 6,025 GUESTS VISITED AND TOURED THE MUSEUM THROUGHOUT THE YEAR. AS DISCUSSED BELOW, THE INSTITUTE PUBLISHES "GEMS & GEMOLOGY," A PEER REVIEWED JOURNAL THAT EDUCATES ITS READERSHIP ABOUT THE LATEST DISCOVERIES IN GEMOLOGY. FORM 990, PART III, LINE 4B: LABORATORY: THE MISSION OF THE INSTITUTE'S LABORATORY IS TO PROTECT THE PUBLIC FROM MISREPRESENTATION PERTAINING TO GEMS (WHETHER INNOCENT, NEGLIGENT OR INTENTIONAL), TO DETER GEM THEFT, TO ASSIST IN RECOVERY OF STOLEN PROPERTY AND PROSECUTION OF CRIMINALS, AND TO PROMOTE STATE-OF-THE-ART RESEARCH INTO THE TECHNIQUES BY WHICH GEMS ARE MODIFIED TECHNOLOGICALLY OR GROWN IN A LABORATORY. THE FBI'S JEWELRY AND GEM PROGRAM HAS DESIGNATED GIA AS A PARTNER LISTED ON THE FBI WEBSITE IN COMBATING GEM THEFT. IN 2018, GIA CONTINUED ITS PRACTICE OF FLAGGING STOLEN GEMSTONES IN ITS DATABASE, AND RECOVERED MULTIPLE GEMSTONES IN CASES IN WHICH STONES WERE RESUBMITTED TO THE LABORATORY AFTER HAVING BEEN STOLEN. GIA ALSO GRADED STONES FOR LAW ENFORCEMENT AT NO COST AND RESPONDED TO MANY INFORMATION REQUESTS FROM LAW ENFORCEMENT AGENCIES. FURTHERMORE, GIA PROVIDED MANY DOCUMENTS AT THE REQUEST OF LAW ENFORCEMENT TO ASSIST THEM IN THEIR DUTIES. THE LABORATORY FULFILLS ITS MISSION BY EXAMINING AND CLASSIFYING INDIVIDUAL GEM MATERIALS SUBMITTED TO THE GIA LABORATORY AND ITS INTERNATIONAL SUBSIDIARIES' LABORATORIES. DIAMONDS AND LABORATORY GROWN DIAMONDS ARE IDENTIFIED AND GRADED, WITH REPORTS ISSUED ON THEIR PRECISE IDENTIFYING FEATURES AND WITH QUALITY ASSESSMENTS ON THE 4CS: COLOR, CLARITY, CUT AND CARAT WEIGHT. COLORED GEMSTONES, LABORATORY GROWN COLORED STONES, PEARLS AND CULTURED PEARLS ARE IDENTIFIED, WITH REPORTS ISSUED UPON CLIENT REQUEST. THE DISTINGUISHING CHARACTERISTICS AND FEATURES OF A GIVEN GEM ARE UNIQUE TO THAT GEM IN MUCH THE SAME WAY A FINGERPRINT IS UNIQUE TO AN INDIVIDUAL PERSON. ONCE A GEM HAS BEEN SUBMITTED FOR EXAMINATION, ITS CHARACTERISTICS AND FEATURES ARE RECORDED FOR FUTURE REFERENCE IN CASE IT IS EVER RESUBMITTED, EITHER IN THE NORMAL COURSE OF EVENTS OR IN QUESTIONABLE CIRCUMSTANCES, SUCH AS WITH LOST OR STOLEN ITEMS. ADDITIONALLY, IF REQUESTED, AN IDENTIFICATION CODE CAN BE LASER INSCRIBED UPON THE GEM. THE SUBSTANTIAL AND CONTINUOUS VOLUME OF GEM MATERIALS THAT ARE SUBMITTED FOR EXAMINATION, TOGETHER WITH THE LARGE COLLECTION OF COMPARISON GEMS ACQUIRED BY GIA, CONSTITUTE AN INVALUABLE DATABASE FOR THE RESEARCH AND PUBLIC SERVICE CONDUCTED BY THE INSTITUTE. TO MAKE THIS PUBLIC SERVICE POSSIBLE, GIA CHARGES RELATIVELY MODEST FEES THAT VARY BY THE TYPE AND SIZE OF THE GEM MATERIAL. IT SHOULD BE NOTED THAT GIA DOES NOT APPRAISE ANY GEM MATERIALS OR OTHERWISE ESTABLISH THEIR MARKET VALUE. COMMERCE IN GEMS IS GLOBAL, WITH THE RESULT THAT MANY GEM MATERIALS SOLD BY FOREIGN GEM OWNERS OR DEALERS ULTIMATELY FIND THEIR WAY TO THE U.S. MARKET, EITHER THROUGH WHOLESALE DISTRIBUTION OR FUTURE RESALE. MOST DIAMONDS PURCHASED IN THE U.S. HAVE BEEN MINED AND PROCESSED OUTSIDE OF THIS COUNTRY. SOME PROPORTION OF THOSE DIAMONDS HAVE HISTORICALLY NOT BEEN SUBMITTED TO GIA'S LABORATORY BECAUSE OF THE GEOGRAPHIC DISTANCE BETWEEN GIA'S LABORATORY FACILITIES IN CALIFORNIA AND NEW YORK AND THE DISTANT LOCATIONS OF MINES AND DEALERS. TO ENHANCE ITS ABILITY TO PURSUE THE MISSION OF PROTECTING THE GEM PURCHASING PUBLIC, DETERRING THEFT, AND ASSISTING IN RECOVERY OF STOLEN PROPERTY AND PROSECUTION OF CRIMINALS, GIA OPERATES LABORATORIES THROUGH ITS BRANCHES AND WHOLLY-OWNED SUBSIDIARIES IN BOTSWANA, HONG KONG, INDIA, ISRAEL, JAPAN, SOUTH AFRICA, AND THAILAND; AND GIA OPERATES AN INTAKE OFFICE OFFERING LOGISTICAL SUPPORT THROUGH A BRANCH IN UNITED ARAB EMIRATES. FORM 990, PART III, LINE 4C: RESEARCH & PUBLICATIONS: THE INSTITUTE'S RESEARCHERS UTILIZE SOPHISTICATED ANALYTICAL TECHNIQUES AND SCIENTIFIC EQUIPMENT TO ADVANCE THE SCIENCE OF GEMOLOGY, INCLUDING DETECTION OF LABORATORY GROWN GEMS, CULTURED PEARLS AND TREATED NATURAL GEMS. THE MISSION OF THE RESEARCH DEPARTMENT IS TO (1) CHARACTERIZE THE GEMOLOGICAL PROPERTIES OF GEM MATERIALS AND DEVELOP PRACTICAL WAYS TO IDENTIFY THEM; (2) UNDERSTAND THE CONDITIONS OF GEMSTONE FORMATION IN THE EARTH, AS WELL AS THE CONDITIONS OF GEM TREATMENT AND EVALUATION OF ANY LABORATORY GROWTH PROPERTIES, AS A FURTHER BASIS FOR DEVELOPING MEANS OF GEM IDENTIFICATION; (3) INVESTIGATE THE FACTORS THAT ARE RESPONSIBLE FOR THE APPEARANCE OF DIAMONDS AND OTHER GEM MATERIALS, SO AS TO ESTABLISH METHODS TO EVALUATE THEIR QUALITY; AND (4) DESIGN AND IMPROVE INSTRUMENTS FOR GEM STONE TESTING. THE INSTITUTE IS THE WORLD LEADER IN RESEARCHING THE METHODS BY WHICH GEM MATERIALS CAN BE ENHANCED IN COLOR OR CLARITY OR GROWN IN A LABORATORY. THIS RESEARCH HELPS PROTECT THE PUBLIC FROM POSSIBLE MISREPRESENTATIONS PERTAINING TO GEM MATERIALS. THE INSTITUTE ACTS AS A CONSUMER ADVOCATE TO ENSURE THAT CONSUMERS, ALONG WITH RETAILERS AND WHOLESALERS, ARE FULLY APPRISED OF THE TRUE CHARACTER - NATURAL, TREATED, OR LABORATORY GROWN - OF ANY SPECIFIC GEM. SINCE 2011, GIA HAS PARTICIPATED IN AN AGREEMENT WITH UNITED STATES CUSTOMS AND BORDER PROTECTION TO COLLABORATE ON ANALYSES OF GEMSTONES IN ORDER TO DETERMINE THEIR IDENTITY (NATURAL, TREATED-NATURAL OR LABORATORY GROWN), INDICATIONS OF COUNTRY OF ORIGIN, AND DEVELOP A DATABASE FOR INTERNATIONAL, FEDERAL, STATE, AND LOCAL LAW ENFORCEMENT THAT WILL FACILITATE TRADE AND LAW ENFORCEMENT. THIS COLLABORATION HELPS TO LESSEN THE BURDENS OF GOVERNMENT. IN 2014, GIA INTRODUCED THE GIA DIAMONDCHECK, A DEVICE THAT DRAWS ON GIA'S DECADES OF RESEARCH TO ASSIST IN THE IDENTIFICATION OF DIAMONDS THAT ARE POTENTIALLY LABORATORY GROWN OR COLOR-TREATED. AS PART OF ITS PUBLIC BENEFIT MISSION, GIA, WORKING WITH THE WORLD FEDERATION OF DIAMOND BOURSES (WFDB), MADE THE DIAMONDCHECK AVAILABLE AT NO COST TO 20 DIAMOND BOURSES AND OTHER ORGANIZATIONS AROUND THE WORLD. IN 2017, GIA INTRODUCED A PORTABLE INSTRUMENT ID100 FOR QUICK SEPARATION OF NATURAL DIAMONDS FROM LAB GROWN DIAMONDS. TO DISSEMINATE THEIR FINDINGS, GIA RESEARCHERS SPEAK AT SEMINARS, POST DEVELOPMENTS ONLINE ON THE GIA WEBSITE, AND PUBLISH FREQUENTLY IN SCHOLARLY TEXTS AND JOURNALS, INCLUDING "GEMS & GEMOLOGY," GIA'S QUARTERLY SCIENTIFIC PUBLICATION. GEMS & GEMOLOGY, WHICH HAS BEEN IN CONTINUOUS PUBLICATION FOR 85 YEARS, PROVIDES INFORMATION ON NEW GEM MATERIALS, GEM LOCALITIES, TREATMENT AND LAB GROWTH TECHNIQUES, AND IDENTIFICATION METHODS. THE JOURNAL KEEPS STUDENTS AND PROFESSIONALS ALIKE UP-TO-DATE ON THE MOST CRITICAL TOPICS IN GEMOLOGY. IN RECENT YEARS, GIA HAS PUBLISHED THREE BOOKS CONTAINING ARTICLES FROM GEMS & GEMOLOGY, ON SYNTHETIC, COLORED AND TREATED DIAMONDS. THERE IS A CONSTANT DEMAND FOR BACK ISSUES BY STUDENTS, PROFESSIONALS AND HOBBYISTS RESEARCHING NUMEROUS GEMOLOGICAL SUBJECTS. IN ADDITION, GIA SUMMARIZES TECHNICAL ARTICLES PUBLISHED BY GIA RESEARCHERS IN GEMS & GEMOLOGY FOR REPUBLICATION IN TRADE JOURNALS NATIONALLY AND INTERNATIONALLY, SO THE INFORMATION CAN BE BROADLY DISSEMINATED. SINCE NOVEMBER 2008, THE JOURNAL HAS BEEN AVAILABLE ONLINE AS WELL AS IN PRINT. BEGINNING IN 2013, GIA MADE ALL OF ITS CURRENT AND BACK ISSUES OF GEMS & GEMOLOGY AVAILABLE ONLINE AT NO COST, AS WELL AS SUPPLEMENTAL MEDIA AND DATA. GIA ALSO LAUNCHED THE GEM ENCYCLOPEDIA IN 2013, WHICH MAKES DETAILED BUT USER-FRIENDLY INFORMATION ON A RANGE OF GEMSTONES AVAILABLE TO THE GENERAL PUBLIC ON ITS WEBSITE. IN ADDITION, GIA'S WEBSITE IS NOW AVAILABLE IN THREE LANGUAGES. WEBSITE PAGES VIEWS FOR THE YEAR 2018: GEMS & GEMOLOGY 849,925 RESEARCH & NEWS 656,787 PUBLICATION INFORMATION FOR THE YEAR 2018: ISSUES DISTRIBUTED TO SUBSCRIBERS: 3,330 CURRENT ISSUES ORDERED: 625 BACK ISSUES ORDERED: 952 TOTAL ISSUES: 4,877 FORM 990, PART III, LINE 1, ORGANIZATION MISSION STATEMENT: THE INSTITUTE'S MISSION AND MOST SIGNIFICANT ACTIVITIES ARE (A) OPERATING A SCHOOL PROVIDING EDUCATION AND GRANTING DIPLOMAS IN GEMOLOGY AND RELATED AREAS; (B) PROTECTING THE PUBLIC FROM MISREPRESENTATION PERTAINING TO GEMS, DETERRING GEM THEFT, ASSISTING IN THE RECOVERY OF STOLEN PROPERTY AND PROSECUTION OF CRIMINALS, AND PROMOTING STATE-OF-THE-ART RESEARCH INTO THE TECHNIQUES BY WHICH GEMS ARE MODIFIED TECHNOLOGICALLY OR GROWN IN A LABORATORY; AND (C) SUPPORTING, PERFORMING, AND PUBLISHING SCIENTIFIC RESEARCH AND ANALYSIS RELATED TO GEMS AND GEMOLOGY AND LEARNING IN RELATED FIELDS. FORM 990, PART VI, SECTION A, LINE 2 TWO MEMBERS OF THE BOARD OF GOVERNORS, LAWRENCE MA AND ELLIOT TANNENBAUM, HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF GOVERNORS DELEGATES THE DETAILED REVIEW AND APPROVAL OF FORM 990 TO A 990 REVIEW TEAM. THE 990 REVIEW TEAM CONSISTS OF: GIA PRESIDENT / CEO; ITS SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER; ITS SENIOR VICE PRESIDENT AND GENERAL COUNSEL; GIA'S OUTSIDE COUNSEL SPECIALIZING IN NON-PROFIT AND TAX MATTERS; AND THE GLOBAL TAX DIRECTOR OF GIA. THE 990 REVIEW TEAM SCHEDULES A MEETING WITH THE FIRM THAT PREPARES THE FORM 990 TO CONDUCT A DETAILED REVIEW. THE FIRM RESPONDS TO ANY OUTSTANDING QUESTIONS OR CONCERNS RAISED BY THE 990 REVIEW TEAM. ONCE THE REVIEW TEAM COMPLETES ITS DETAILED REVIEW, THE FORM 990 IS AVAILABLE TO THE BOARD OF GOVERNORS PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE INSTITUTE REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICIES THROUGH ANNUAL CIRCULATION OF A CONFLICT OF INTEREST QUESTIONNAIRE, WHICH IS COMPLETED AND SIGNED BY ALL MEMBERS OF THE BOARD OF GOVERNORS, OFFICERS, AND MEMBERS OF EXECUTIVE MANAGEMENT. IN ADDITION, GIA REQUIRES ALL EMPLOYEES (INCLUDING THOSE OF ITS INTERNATIONAL AFFILIATES) TO REVIEW ITS CODE OF CONDUCT, AS IT MAY BE AUGMENTED BY GIA FROM TIME TO TIME, AND TO ACKNOWLEDGE BY SIGNATURE ADHERENCE TO ITS ETHICAL STANDARDS, INCLUDING ITS CONFLICT OF INTEREST POLICIES, AS A CONDITION OF EMPLOYMENT. THE LEGAL DEPARTMENT REVIEWS CONTRACTUAL RELATIONSHIPS ENTERED INTO BY THE ORGANIZATION AND IS RESPONSIBLE FOR MONITORING CONFLICTS OF INTEREST AS REPORTED THROUGH DISCLOSURES AND BY OTHER MEANS. FURTHER, IT IS INCUMBENT UPON ALL OF THE AFOREMENTIONED PARTIES TO DISCLOSE ANY CONFLICTS OF INTEREST IN THE COURSE OF THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF GOVERNORS EXECUTIVE COMMITTEE MEETS ANNUALLY IN NOVEMBER TO REVIEW THE OFFICER COMPENSATION AND TO SET THE PAY RATE FOR THE SUBSEQUENT YEAR. GIA HAS RETAINED THE SERVICES OF MERCER, INTERNATIONAL COMPENSATION AND BENEFITS CONSULTANTS, WHICH DISTRIBUTES PERIODIC MARKET PAY COMPARISONS OF COMPARABLE JOBS TO THOSE OF GIA OFFICERS. THIS INFORMATION IS PROVIDED TO THE BOARD EXECUTIVE COMMITTEE FOR REVIEW AND USE. IN THE INTERIM YEARS BETWEEN COMPREHENSIVE MARKET STUDIES, GIA OBTAINS SUCH MARKET DATA AS AVERAGE MERIT INCREASES FROM MERCER AND ALSO TAKES THE CPI INTO CONSIDERATION. FORM 990, PART VI, SECTION C, LINE 19 GIA'S EMPLOYEE CODE OF CONDUCT, WHICH INCLUDES A SECTION ON CONFLICTS OF INTEREST, IS POSTED ON GIA'S WEBSITE. THIS CODE GOVERNS EMPLOYEES OF GIA AND ITS GLOBAL SUBSIDIARIES. FINANCIAL STATEMENTS ARE INCORPORATED INTO THE FORM 990, WHICH IS AVAILABLE TO THE PUBLIC. THE INSTITUTE'S GOVERNING DOCUMENTS ARE ALSO AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A: IN 2018, BOARD MEMBERS RECEIVED COMPENSATION FOR THEIR SERVICE ON THE BOARD OF GOVERNORS. COMMITTEE CHAIRS AND THE CHAIR OF THE BOARD RECEIVE ADDITIONAL COMPENSATION IN LIGHT OF THEIR ADDITIONAL RESPONSIBILITIES. THIS COMPENSATION WAS APPROVED BY AN AUTHORIZED COMMITTEE OF THE BOARD, THE MEMBERS OF WHICH HAD WAIVED ANY COMPENSATION AND WERE, THEREFORE, DISINTERESTED. THE AMOUNT OF COMPENSATION WAS FOUND BY EXPERT OPINION OF FREDERIC W. COOK & CO. INC. TO BE REASONABLE AND COMPARABLE TO BOARD COMPENSATION PAID BY SIMILAR ORGANIZATIONS. EACH GOVERNOR HAS THE OPTION TO DECLINE THIS STIPEND. FORM 990, PART IX, LINE 11G TEMPORARY LABOR: PROGRAM SERVICE EXPENSES 1,441,946. MANAGEMENT AND GENERAL EXPENSES 65,734. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,507,680. RECRUITING: PROGRAM SERVICE EXPENSES 553,733. MANAGEMENT AND GENERAL EXPENSES 25,243. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 578,976. OTHER PROFESSIONAL SERVICE FEES: PROGRAM SERVICE EXPENSES 20,576,711. MANAGEMENT AND GENERAL EXPENSES 938,028. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,514,739. COMPLIANCE PROFESSIONAL SERVICE FEES: PROGRAM SERVICE EXPENSES 523,682. MANAGEMENT AND GENERAL EXPENSES 23,873. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 547,555. FORM 990, PART XI, LINE 9: UNREALIZED FOREIGN EXCHANGE LOSS -1,298. GIA (ISRAEL) 21 TUVAL ST HAYAHALOM BLDG 22ND F RAMAT GAN IS LABORATORY SERVICES IS 11478863 6498993 GEMOLOGICAL INSTITIUTE OF AMERICA INC GIA HOLDINGS INC 5345 ARMADA DRIVE CARLSBAD CA 92008 330990032 TITLE HOLDING COMPANY FOR TAX-EXEMPT PARENT CA 501(C)(2) GEMOLOGICAL INSTITIUTE OF AMERICA INC 1 GIA ENGLAND 104 GREAT RUSSELL STREET LONDON WCB LA UK EDUCATIONAL SERVICES UK GEMOLOGICAL INSTITIUTE OF AMERICA INC 1 GIA (INTERNATIONAL) COMPANY LTD U-CHU-LIANG BLDG 2ND FL 968 RAMA SILOM BANGRAK BANGKOK TH EDUCATIONAL SERVICES TH GEMOLOGICAL INSTITIUTE OF AMERICA INC 1 GIA INDIA 10TH FL TRADE CENTRE BANDRA KURLA BANDRA EAST MUMBAI IN EDUCATIONAL SERVICES IN GIA HOLDINGS INC 1 GIA INSTRUMENT (TAIWAN) CO 3F 270 NANJING EAST ROAD SEC 3 TAIPEI ROC TW EDUCATIONAL SERVICES TW GEMOLOGICAL INSTITIUTE OF AMERICA INC C 2161891 1551871 1.00000 1 GEMOLOGICAL RESEARCH (THAILAND) COMPANY LTD U-CHU-LIANG BLDG 10TH FL 968 RAM SILOM BANGRAK BANGKOK TH LIMITED LABORATORY SERVICE TH GEMOLOGICAL INSTITIUTE OF 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RESEARCH (THAILAND) COMPANY LTD S 1618343 ACCRUAL GIA EDUCATION AND LABORATORY (PTY) LTD S 1056280 ACCRUAL GIA EDUCATION AND LABORATORY LIMITED S 455488 ACCRUAL GIA TOKYO GODO KAISHA S 179551 ACCRUAL GIA INDIA LABORATORY PRIVATE LIMITED S 32442814 ACCRUAL FORM 990, SCHEDULE R, PART V: THE TRANSACTIONS REPORTED BETWEEN GIA AND THE RELATED ORGANIZATIONS LISTED WITH TRANSACTION TYPE A INVOLVE THE PAYMENT OF ROYALTIES AND INTEREST BY THE RELATED ORGANIZATIONS TO GIA FOR THE USE OF CERTAIN INTELLECTUAL PROPERTY. THESE RELATED ORGANIZATIONS ARE NOT TAX EXEMPT UNDER SECTION 501(C)(3) OF THE CODE, BECAUSE THEY ARE NOT LOCATED OR OPERATING IN THE UNITED STATES. HOWEVER, IF THESE ORGANIZATIONS WERE TAX EXEMPT UNDER SECTION 501(C)(3) OF THE CODE WITH THE SAME EXEMPT PURPOSES AS GIA, THESE ORGANIZATIONS WOULD HAVE NO UNRELATED BUSINESS INCOME, SINCE ALL OF THEIR INCOME AND ACTIVITIES ARE IDENTICAL IN CHARACTER TO GIA'S TAX-EXEMPT INCOME AND ACTIVITIES. ACCORDINGLY, THESE ROYALTY PAYMENTS ARE NOT TREATED AS UNRELATED BUSINESS INCOME FOR GIA UNDER SECTION 512(B)(13) OF THE CODE. THE TRANSACTIONS REPORTED BETWEEN GIA AND THE RELATED ORGANIZATIONS LISTED WITH TRANSACTION TYPE S ARE ASSOCIATED WITH THE PROVISION OF GRADING AND MANAGEMENT SERVICES BY GIA. THESE GRADING SERVICES ARE PERFORMED IN GIA'S ORDINARY COURSE OF BUSINESS AS DESCRIBED IN SCHEDULE O, PART III, LINE 4B. THE TRANSACTIONS BETWEEN GIA AND THE RELATED ORGANIZATIONS LISTED WITH TRANSACTION TYPE R ARE ASSOCIATED WITH RESEARCH AND OTHER SERVICES. IN ADDITION, THE NET LICENSE ADJUSTMENT WITH GIA INDIA LABORATORY PRIVATE LIMITED IS LISTED WITH TRANSACTION TYPE R AND REPORTED NET OF PAYMENT VIA GIA HOLDINGS, INC.