2019-11-06T07:28:17-06:00 2018-12-31 521853933 JONES MARESCA & MCQUADE PA 10500 LITTLE PATUXENT PARKWAY SUITE 770 COLUMBIA MD 21044 990 2018-01-01 813115310 CLIMATE LEADERSHIP COUNCIL INC CLIM 2029194900 1900 M STREET NW SUITE 800 WASHINGTON DC 20036 EDWARD A HALSTEAD CHAIRMAN & CEO 2029194900 2019-11-05 1 DAVID JONES P01361002 4108840220 64.88.174.3 2019-11-05 11:27:25 ES P 8AD8952D00DDA1E2252D2358A354148220B4FFD3 248F122C1CD98455D1EAD54961AB2A11B00DE755 2018 2020-03-31 21:24:44Z EDWARD A HALSTEAD 1900 M STREET NW SUITE 800 WASHINGTON DC 20036 1706622 0 X HTTPS://WWW.CLCOUNCIL.ORG X 2016 DE AN INTERNATIONAL POLICY INSTITUTE FOUNDED IN COLLABORATION WITH A WHO'S WHO OF BUSINESS, OPINION AND ENVIRONMENTAL LEADERS TO PROMOTE A CARBON DIVIDENDS FRAMEWORK AS THE MOST COST-EFFECTIVE, EQUITABLE AND POLITICALLY-VIABLE CLIMATE SOLUTION. 7 6 12 11 0 102 4196632 1706622 0 0 0 0 32 0 4196664 1706622 64265 116875 0 0 860211 1585318 0 0 81280 457691 873740 1382167 2575933 2814497 -869311 2842087 2028456 27590 83270 2814497 1945186 TO DEVELOP AND PROMOTE A CARBON DIVIDENDS FRAMEWORK - BASED ON CARBON TAXES WHOSE REVENUES ARE REBATED TO CITIZENS THROUGH DIVIDENDS - AS THE MOST COST-EFFECTIVE, EQUITABLE, AND POLITICALLY VIABLE CLIMATE SOLUTION. 0 0 2095342 116875 THE CLIMATE LEADERSHIP COUNCIL IS AN INTERNATIONAL POLICY INSTITUTE FOUNDED IN COLLABORATION WITH A WHO'S WHO OF BUSINESS, OPINION AND ENVIRONMENTAL LEADERS TO PROMOTE A CARBON DIVIDENDS FRAMEWORK AS THE MOST COST-EFFECTIVE, EQUITABLE AND POLITICALLY-VIABLE CLIMATE SOLUTION.THE BEST SOLUTION IS TO RETURN THE INCOME FROM A NATION'S CARBON FEES DIRECTLY TO ITS CITIZENS THROUGH CARBON DIVIDENDS. THIS WOULD SIMULTANEOUSLY DISCOURAGE CARBON EMISSIONS, REWARD GOOD BEHAVIOR, AND BUILD POPULAR SUPPORT FOR A GRADUALLY INCREASING CARBON FEE. AS DETAILED HERE, A CARBON DIVIDENDS FRAMEWORK IS UNIQUELY SUITED TO OUR CURRENT POLITICAL MOMENT. 2095342 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 18 0 1 12 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 1 1 0 X THE ORGANIZATION 2029194900 1900 M STREET NW SUITE 800 WASHINGTON DC 20036 EDWARD A HALSTEAD CHAIRMAN & CEO 40.00 X X 313542 0 42646 MARTY KAPLAN SECRETARY 1.00 X X 0 0 0 JULEANNA GLOVER TREASURER 1.00 X X 0 0 0 CRAIG MCCAW DIRECTOR 1.00 X 0 0 0 GARY RIESCHEL DIRECTOR 1.00 X 0 0 0 TOM STEPHENSON DIRECTOR UNTIL JAN 2018 1.00 X 0 0 0 ROBERT LITTERMAN DIRECTOR AS OF JAN 2018 1.00 X 0 0 0 KATHRYN MURDOCH DIRECTOR AS OF DEC 2018 1.00 X 0 0 0 SIMONE G FRANK CFO 13.00 X 94500 0 11340 JILL L SIGAL EXE VICE PRESIDENT UNTIL APR 2018 40.00 X 139331 0 2337 GREGORY I BERTELSEN SENIOR VICE PRESIDENT 40.00 X 237202 0 33621 CATRINA RORKE VICE PRESIDENT AS OF APRIL 2018 40.00 X 108955 0 3446 TAIYA M SMITH DIRECTOR, CHINA PROGRAM 40.00 X 262107 0 22562 1155637 0 115952 5 0 1 0 ELEMENT VI CONSULTING LLC 23003 COBB HOUSE ROAD MIDDLEBURG VA 20117 RESEARCH SERVICES 150000 SHERLE R SCHWENNINGER 224 E 21ST STREET NEW YORK NY 10010 RESEARCH AND WRITING SERVICES 150000 RHODIUM GROUP LLC 5 COLUMBUS CIRCLE STE 1801 NEW YORK NY 10019 ANALYSIS SERVICES 124750 3 1706622 151373 1706622 1706622 0 0 0 X 50000 50000 66875 66875 462028 249332 159268 53428 953614 846644 104939 2031 50065 50065 43659 43659 75952 67955 6463 1534 59063 59063 11409 11409 479474 463294 4180 12000 19834 11558 7582 694 11863 2721 9142 159884 125335 23647 10902 79535 78650 623 262 16428 15424 898 106 16959 14130 2506 323 7628 7628 PUBLICATIONS AND SUBSCR 9016 9016 MISCELLANEOUS 2647 684 1963 2575933 2095342 399311 81280 1333112 1838890 1422907 102100 54586 17109 20880 0 64959 4000 12000 2842087 2028456 27590 83270 27590 83270 X 685042 1709880 2129455 235306 2814497 1945186 2842087 2028456 -869311 0 X 0 1 X 0 0 X 4196632 1706622 5903254 4196632 1706622 5903254 3661274 2241980 32 32 5903286 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: PUBLICATION SALES - 2017 AMOUNT: $ 32. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 1844618 137996 137996 1706622 0 1706622 2713929 137996 137996 2575933 0 2575933 PART X, LINE 2: THE COUNCIL BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS OR THAT WOULD HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS OR APPLICATION. THERE ARE NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES THAT NEED TO BE RECORDED. 1 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 1 1 PROGRAM SERVICES. GRANTS TO ORGANIZATIONS AND TRAVEL FOR STAFF. 106039 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES. TRAVEL EXPENSES FOR STAFF. 22089 1 1 0 0 1 1 128128 0 128128 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM RESEARCH PROJECTS IN THE UK. 66875 WIRE 1 0 0 0 0 0 0 PART I, LINE 2: THE GRANTEE AGREES TO USE THE GRANT FUNDS SOLELY FOR THE DESCRIBED PURPOSE AND WILL NOT GIVE OR TRANSFER ANY PART OF THE GRANT TO A THIRD PARTY WITHOUT CLIMATE LEADERSHIP COUNCIL INC.'S (CLC) PRIOR WRITTEN CONSENT. THE GRANTEE WILL KEEP ADEQUATE RECORDS TO DOCUMENT THE EXPENDITURE OF ALL OF THE GRANT FUNDS AND THE ACTIVITIES SUPPORTED BY THE GRANT AND WILL MAKE THEM AVAILABLE TO CLC PROMPTLY UPON REQUEST. CLC RESERVES THE RIGHT TO CANCEL THIS GRANT IF IT DETERMINES, IN ITS SOLE DISCRETION, THAT THE GRANTEE'S PERFORMANCE IS UNSATISFACTORY OR THAT THE GRANTEE WILL BE UNABLE TO COMPLETE THE PROJECT AS SET FORTH IN THE AGREEMENT, OR THAT THE GRANTEE HAS OTHERWISE BREACHED A MATERIAL TERM OR CONDITION OF THE AGREEMENT. IF CLC CANCELS THE GRANT, THE GRANTEE AGREES TO RETURN ANY UNEXPENDED FUNDS TO CLC IMMEDIATELY AND TO PROMPTLY PROVIDE AN ACCOUNTING AS TO THE USE OF ANY EXPENDED FUNDS. 1 URBAN INSTITUTE 2100 M STREET NW WASHINGTON DC 20037 520880375 501(C)(3) 50000 CARBON DIVIDEND RESEARCH PROJECT 1 PART I, LINE 2: THE GRANTEE AGREES TO USE THE GRANT FUNDS SOLELY FOR THE DESCRIBED PURPOSE AND WILL NOT GIVE OR TRANSFER ANY PART OF THE GRANT TO A THIRD PARTY WITHOUT CLIMATE LEADERSHIP COUNCIL INC.'S (CLC) PRIOR WRITTEN CONSENT. THE GRANTEE WILL KEEP ADEQUATE RECORDS TO DOCUMENT THE EXPENDITURE OF ALL OF THE GRANT FUNDS AND THE ACTIVITIES SUPPORTED BY THE GRANT AND WILL MAKE THEM AVAILABLE TO CLC PROMPTLY UPON REQUEST. CLC RESERVES THE RIGHT TO CANCEL THIS GRANT IF IT DETERMINES, IN ITS SOLE DISCRETION, THAT THE GRANTEE'S PERFORMANCE IS UNSATISFACTORY OR THAT THE GRANTEE WILL BE UNABLE TO COMPLETE THE PROJECT AS SET FORTH IN THE AGREEMENT, OR THAT THE GRANTEE HAS OTHERWISE BREACHED A MATERIAL TERM OR CONDITION OF THE AGREEMENT. IF CLC CANCELS THE GRANT, THE GRANTEE AGREES TO RETURN ANY UNEXPENDED FUNDS TO CLC IMMEDIATELY AND TO PROMPTLY PROVIDE AN ACCOUNTING AS TO THE USE OF ANY EXPENDED FUNDS. X X 0 0 0 0 0 0 0 1 0 EDWARD A HALSTEAD CHAIRMAN & CEO 298542 0 15000 0 0 0 33000 0 9646 0 356188 0 0 0 GREGORY I BERTELSEN SENIOR VICE PRESIDENT 224702 0 12500 0 0 0 28565 0 5056 0 270823 0 0 0 TAIYA M SMITH DIRECTOR, CHINA PROGRAM 249607 0 12500 0 0 0 21500 0 1062 0 284669 0 0 0 PART I, LINE 7 BONUSES WERE AWARDED BY THE BOARD AT THE END OF 2018. EACH PERSON THAT HAD BEEN WITH THE ORGANIZATION SINCE JUNE 1, 2018 RECEIVED A 5% BONUS IN RECOGNITION OF ACHIEVEMENT. X 2 151373 0 0 0 PART I, COLUMN (B): CLC IS REPORTING NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 8B CLIMATE LEADERSHIP COUNCIL INC. DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE CHAIRMAN AND CEO AND THE CFO REVIEW THE FORM 990. IT IS THEN PROVIDED TO THE CORPORATE OFFICERS TO REVIEW BEFORE THE CHAIRMAN AND CEO SIGNS THE RETURN AND FILES WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE AN OFFICER OR DIRECTOR HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE OFFICER OR DIRECTOR OF THE BASIS FOR SUCH BELIEF AND AFFORD THE OFFICER OR DIRECTOR AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE OFFICER OR DIRECTOR'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD OR COMMITTEE DETERMINES THE OFFICER OR DIRECTOR HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S BOARD OF DIRECTORS EVALUATES AND DETERMINES THE COMPENSATION FOR THE CEO, USING A NATIONAL THINK TANK SALARY SURVEY PROVIDED BY 40 THINK TANKS. THE BOARD REVIEWED AND APPROVED THE CEO'S SALARY AT THE JULY 2017 BOARD MEETING. THE CEO CONDUCTS ANNUAL REVIEWS IN DECEMBER FOR ALL STAFF COMPENSATION. THE CEO ALSO DETERMINES RAISES AND PROMOTIONS. THE ORGANIZATION LAST PERFORMED A COMPENSATION REVIEW FOR THE OTHER EMPLOYEES IN DECEMBER 2018. 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 IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 463,294. MANAGEMENT AND GENERAL EXPENSES 4,180. FUNDRAISING EXPENSES 12,000. TOTAL EXPENSES 479,474.