2018-11-15T13:37:05-06:00 2017-12-31 ERNST & YOUNG US LLP 18101 VON KARMAN AVENUE SUITE 1700 IRVINE CA 92612 990 2017-01-01 952283284 ACADEMY OF TELEVISION ARTS AND SCIENCES FOUNDATION % Lisa M Fike ACAD 8187542800 5220 LANKERSHIM BLVD NORTH HOLLYWOOD CA 91601 Heather Cochran CFO and EVP Business 8187542800 2018-11-15 true KARA ADAMS P00023315 9497942300 164.57.159.253 33577420183195000030 2018-11-15 P 856506003E7717BB4C5FA0BAF50AAA2B61E0405F E78299C30D59152C83A98BFBB43933010096EB96 2017 2019-02-21 02:37:17Z TELEVISION ACADEMY FOUNDATION Madeline Di Nonno 5220 Lankershim Blvd North Hollywood CA 91601 5732059 false X www.emmys.com/foundation X 1959 CA THE CHARITABLE ARM OF THE TV ACADEMY, THE ACADEMY OF TELEVISION ARTS & SCIENCES FOUNDATION, IS DEDICATED TO PRESERVING TELEVISION WHILE EDUCATING AND INSPIRING FUTURE LEADERS. 30 30 0 590 685320 -496098 13175877 4177366 262183 401206 46767 138408 7494 625687 13492321 5342667 65000 52875 0 0 1614782 1471094 0 0 494555 2683716 4698685 4363498 6222654 9128823 -879987 54862967 51019797 19873018 16754077 34989949 34265720 X ESTABLISHED IN 1959 AS THE CHARITABLE ARM OF THE TELEVISION ACADEMY, THE ACADEMY OF TELEVISION ARTS & SCIENCES FOUNDATION IS DEDICATED TO USING THE ARTISTRY OF TELEVISION TO PRESERVE AND CELEBRATE THE HISTORY OF TELEVISION, AND EDUCATE THOSE WHO WILL SHAPE ITS FUTURE. false false 645134 0 25923 SEE SCHEDULE O. 317905 42875 27600 SEE SCHEDULE O. 277370 0 0 SEE SCHEDULE O. 3241161 10000 347483 4481570 true true false false false false false false false true true false false false true true true true false false true false false false true false false false true true false false false false false false false false true false false false false true false true false true 55 0 true 0 true true false false false false true true false false false false X 30 30 false false true false false true false true true false false true true true true true true false false false CA X Lisa M Fike 8187542800 5220 Lankershim Blvd North Hollywood CA 91601 X LOREEN ARBUS DIRECTOR 4.0 0.0 X 0 0 0 DICK ASKIN DIRECTOR 4.0 0.0 X 0 0 0 ALLISON BINDER DIRECTOR 4.0 6.0 X 0 0 0 DEBORAH BRADLEY DIRECTOR 4.0 0.0 X 0 0 0 LEO CHALOUKIAN DIRECTOR 4.0 0.0 X 0 0 0 TED CHERVIN DIRECTOR 4.0 0.0 X 0 0 0 TERRI CLARK DIRECTOR 4.0 0.0 X 0 0 0 ROBERT COOK DIRECTOR 4.0 0.0 X 0 0 0 NELSON DAVIS SECRETARY 10.0 0.0 X 0 0 0 SUZANNE DE PASSE DIRECTOR 4.0 0.0 X 0 0 0 MADELINE DI NONNO CHAIRPERSON 10.0 2.0 X X 0 0 0 MARC J GRABOFF TREASURER 10.0 0.0 X X 0 0 0 BILLIE GREER DIRECTOR 4.0 0.0 X 0 0 0 KEVIN E HAMBURGER DIRECTOR 4.0 0.0 X 0 0 0 DAN HARRISON DIRECTOR 4.0 0.0 X 0 0 0 CAROLINA LIGHTCAP DIRECTOR 4.0 0.0 X 0 0 0 MARGARET LOESCH VICE CHAIR 10.0 0.0 X X 0 0 0 SAL MANIACI DIRECTOR 4.0 0.0 X 0 0 0 BENITO MARTINEZ DIRECTOR 4.0 0.0 X 0 0 0 DAWN PERDEW DIRECTOR 4.0 0.0 X 0 0 0 GERARD K PETRY DIRECTOR 4.0 0.0 X 0 0 0 RICHARD T ROBERTSON DIRECTOR 4.0 0.0 X 0 0 0 DIANE ROBINA DIRECTOR 4.0 0.0 X 0 0 0 TOM SARNOFF CHAIRPERSON-EMERITUS 10.0 0.0 X X 0 0 0 FRANK SCHERMA DIRECTOR 4.0 6.0 X 0 0 0 TERI SCHWARTZ DIRECTOR 4.0 0.0 X 0 0 0 NINA TASSLER DIRECTOR 4.0 0.0 X 0 0 0 DON TILLMAN DIRECTOR 4.0 0.0 X 0 0 0 HAYMA WASHINGTON DIRECTOR 4.0 6.0 X 0 0 0 MICHAEL WRIGHT DIRECTOR 4.0 0.0 X 0 0 0 HEATHER COCHRAN SCH J PT III CFO (TOP FINANCIAL OFFICIAL) 4.0 40.0 X 0 342929 56717 MAURY MCINTYRE SCH J PT III PRES & COO (TOP MGMT OFFICIAL) 4.0 40.0 X 0 462725 49507 JODI DELANEY EXECUTIVE DIRECTOR 40.0 0.0 X 0 83563 0 KARLA PITA LOOR SR DIRECTOR, STRATEGIC PSHIPS 40.0 0.0 X 0 163031 39519 NORMA PROVINCIO PICHARDO Former Executive Director 0.0 0.0 X 0 107500 0 0 1159748 145743 0 true true false Grass Valley USA LLC 29020 Network Place Chicago IL 606731290 TECHNOLOGY SERVICES 338278 1 284750 2355889 1536727 55643 4177366 RENTAL INCOME - AFFILIATE 531120 275200 275200 0 0 SPONSORSHIP PAYMENT BENEFIT 900099 72483 72483 COLLEGE TELEVISION AWARDS 900099 27600 27600 0 0 THE INTERVIEWS 900099 25923 17225 8698 0 401206 103766 103766 0 0 0 0 0 322736 288094 34642 34642 34642 31000 284750 101298 -70298 -70298 0 0 0 0 0 0 THIRD PARTY RENTAL INCOME 531120 676622 0 676622 0 ALL OTHER REVENUE 900099 19363 0 0 19363 695985 5342667 392508 685320 87473 0 0 52875 52875 0 0 0 0 83563 0 83563 0 107500 0 107500 0 1011992 570787 205047 236158 65958 45336 20622 0 127166 55243 71923 74915 28199 32504 14212 0 0 0 0 42270 0 42270 0 6850 0 6850 0 0 0 0 0 0 0 10475 0 10475 0 135668 46715 88953 0 131930 27214 31943 72773 25965 15602 7873 2490 14263 9723 316 4224 0 0 0 0 424466 419518 3279 1669 35174 22505 10175 2494 0 0 0 0 24787 6447 18340 0 384614 0 384614 0 0 0 0 0 1890700 1869271 21429 0 121810 106063 15747 0 TV ACADEMY MGMT FEES 1053813 1053813 0 0 ACTIVITIES/EVENTS 113130 23123 49466 40541 ARCHIVE INTERVIEWS 108948 108948 0 0 IN-KIND EXPENSES 55643 0 0 55643 118179 20188 33640 64351 6222654 4481570 1246529 494555 0 2296788 1427332 563430 873435 12648040 9142520 38822 105141 0 0 0 0 0 0 0 0 61786 63962 37844350 2927935 36214835 34916415 1977124 2178362 483839 522303 0 0 0 0 578303 1790327 54862967 51019797 1306945 244501 0 0 343372 385756 0 0 0 0 0 0 14201867 9757744 0 0 4020834 6366076 19873018 16754077 X 32547557 32032494 2442392 2233226 0 0 34989949 34265720 54862967 51019797 -879987 155758 0 0 0 0 X false true X true false X 2910633 19191456 4754508 13175877 4177366 44209840 0 0 2910633 19191456 4754508 13175877 4177366 44209840 29012307 15197533 64449 92279 60126 59579 103766 380199 0 1346 3500 19363 24209 44614248 760630 0.34064 0.00000 X 1466043 38666 42177 13317 1533569 141588 1329799 2208 7552 1466043 113721 30000 1867 4000 141588 115643 2078 4000 113721 140858 -1215 24000 115643 1.00000 false false 823093 823093 29919225 1499081 28420144 6131867 1294668 4837199 970165 134186 835979 34916415 0 DUE TO THE TELEVISION ACADEMY 6366076 6366076 X 4553897 155758 1310043 0 1465801 3088096 2254571 2254571 5342667 7633995 1310043 101298 1411341 6222654 0 0 6222654 SCHEDULE D, PART V, LINE 4 INTENDED USE OF ENDOWMENTS THE ENDOWMENT FUNDS ARE USED FOR SCHOLARSHIPS. THE REMAINING ENDOWMENT FUNDS ARE FOR THE FOUNDATION'S USE. SCHEDULE D, PART X, LINE 2 FIN 48(ASC740) FOOTNOTE THE TELEVISION ACADEMY FOUNDATION HAS BEEN RECOGNIZED AS A TAX-EXEMPT ORGANIZATION PURSUANT TO SECTION 501(C)(3) OF THE CODE, AND IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, LITERARY, AND EDUCATIONAL PURPOSES AS DESCRIBED IN SECTIONS 170(C)(2), INCLUDING THE ADVANCEMENT OF THE ARTS AND SCIENCES OF TELEVISION. MANAGEMENT IS OF THE OPINION THAT SUBSTANTIALLY ALL OF THE TELEVISION ACADEMY FOUNDATION'S ACTIVITIES ARE RELATED TO ITS EXEMPT PURPOSE, AND NO MATERIAL UNCERTAIN TAX POSITIONS HAVE BEEN IDENTIFIED OR RECORDED IN THE FINANCIAL STATEMENTS AT DECEMBER 31, 2017 AND 2016. THE TELEVISION ACADEMY FOUNDATION CURRENTLY FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION AND CORRESPONDING STATE INFORMATION RETURNS IN THE STATE OF CALIFORNIA. THE TELEVISION ACADEMY FOUNDATION IS NOT CURRENTLY UNDER ANY INCOME TAX EXAMINATIONS IN MAJOR TAX JURISDICTIONS FOR ANY PRIOR PERIOD. SCHEDULE D, PART XI, LINE 4B RECLASSIFIED CONTRIBUTION FROM NET ASSETS 2,355,889 FUNDRAISING EXPENSES NOT INCLUDED IN AFS ( 101,298) ROUNDING ( 20) ___________ TOTAL 2,254,571 SCHEDULE D, PART XII, LINE 2D GOLF TOURNAMENT EVENT EXPENSE OF $101,298 WAS INCLUDED WITH EXPENSES ON THE AUDITED FINANCIAL STATEMENTS BUT NOT ON FORM 990 PART IX LINE 25. Central America and the Caribbean Investments 522303 522303 522303 false false true true false false GOLF TOURNAMENT 315750 284750 31000 49044 10528 41726 0 315750 284750 31000 49044 10528 41726 101298 -70298 true FRED ROGERS SCHOLARSHIPS 2 10000 COLLEGE TV AWARDS 20 42875 PART I, LINE 2 JUDGING PANELS MADE UP OF ACADEMY OF ARTS & SCIENCES MEMBERS REVIEW APPLICATIONS. THERE ARE MULTIPLE ROUNDS FOR EACH PROGRAM AND IN SOME CASES A BLUE RIBBON PANEL. PRIOR TO GIVING THE FUNDS, THE INDIVIDUALS AGREED TO USE THE FUNDS FOR THE PURPOSE INTENDED, EDUCATIONAL. STUDENTS ARE MATCHED WITH A MENTOR AND AT THE END OF THEIR SCHOLARSHIP YEAR, THE STUDENT MUST SEND THE ORGANIZATION A REPORT AS TO HOW THE MONEY WAS SPENT ALONG WITH BACKUP INFORMATION. X X true false false false false false false false false HEATHER COCHRAN SCH J PT III CFO (TOP FINANCIAL OFFICIAL) 0 288229 0 47500 0 7200 0 32150 0 24567 0 399646 0 0 MAURY MCINTYRE SCH J PT III PRES & COO (TOP MGMT OFFICIAL) 0 413025 0 42500 0 7200 0 32150 0 17357 0 512232 0 0 KARLA PITA LOOR SR DIRECTOR, STRATEGIC PSHIPS 0 160031 0 3000 0 0 0 25443 0 14076 0 202550 0 0 NORMA PROVINCIO PICHARDO Former Executive Director 0 0 0 0 0 107500 0 0 0 0 0 107500 0 0 SCHEDULE J, PART I, LINE 3 PROCESS FOR DETERMINING COMPENSATION OF TOP MANAGEMENT/OTHER OFFICERS PLEASE SEE THE DESCRIPTION OF THE PROCESS IN SCHEDULE O FOR PART VI, LINE 15A. ALL SALARIES AND BENEFITS (REPORTED IN FORM 990, PART VII, PAGE 8) PAID TO THE CHIEF FINANCIAL OFFICER AND THE CHIEF OPERATING OFFICER ARE PAID BY THE ACADEMY OF TELEVISION ARTS & SCIENCES AND THE FOUNDATION INCURS NO EXPENSE. SCHEDULE J, PART I, LINE 4A THE FOLLOWING INDIVIDUAL RECEIVED A SEVERANCE PAYMENT DURING THE YEAR: NORMA PROVINCIO PICHARDO - $107,500 X 1875 FMV X 2 3368 FMV X DESIGNER BAGS 1 44700 FMV X SKIN CARE ITEMS 1 5700 FMV false false false NUMBER OF CONTRIBUTIONS AND NUMBER OF ITEMS RECEIVED SCHEDULE M, PART I, COLUMN (B) ATAS FOUNDATION IS REPORTING A COMBINATION OF BOTH NUMBER OF ITEMS RECEIVED AND NUMBER OF CONTRIBUTIONS. FORM 990, PART III, LINES 4A, 4B, 4C, AND 4D LINE 4A - THE INTERVIEWS (FORMERLY ARCHIVE OF AMERICAN TELEVISION) AN ORAL HISTORY OF TELEVISION CREATING LONG-FORM VIDEO ORAL HISTORY INTERVIEWS WITH TELEVISION ICONS AND MAKING THEM AVAILABLE TO THE PUBLIC, JOURNALISTS, AND SCHOLARS WORLDWIDE VIA A NEW WEBSITE UPDATED IN 2017. THE INTERVIEWS: AN ORAL HISTORY OF TELEVISION HELPS FULFILL ONE OF THE FOUNDATION'S CENTRAL GOALS - THE PRESERVATION, CELEBRATION, AND DISSEMINATION OF TELEVISION HISTORY. IN 2017 THE INTERVIEW'S TEAM CONDUCTED 26 NEW INTERVIEWS; OVER 880 INTERIVEWS NOW MAKE UP THE ARCHIVE. ORAL HISTORY SUBJECT HIGHLIGHTS FOR 2017 INCLUDE THE SATURDAY NIGHT LIVE PRODUCTION DESIGN TEAM, ACTOR HAL HOLBROOK AND HOST JACQUES PEPIN. LINE 4B - COLLEGE TELEVISION AWARDS THE COLLEGE TELEVISION AWARDS IS A RENOWNED NATIONAL COMPETITION RECOGNIZING EXCELLENCE IN COLLEGE STUDENT-PRODUCED CONTENT THAT HELPS TO FULLFILL THE FOUNDATION'S MISSION OF EDUCATING AND PREPARING THOSE WHO WILL IMPACT THE FUTURE OF TELEVISION. STUDENTS ARE INVITED TO SUBMIT THEIR BEST WORK AND WINNERS RECEIVE CASH AWARDS AND INDUSTRY RECOGNITION AT AN EMMY AWARDS-STYLE EVENT. THE 2017 COLLEGE TELEVISION AWARDS RECEIVED ENTRIES FROM COLLEGES AND GRADUATE PROGRAMS NATION-WIDE AND ENGAGED OVER 300 VOLUNTEERS AND MEMBERS OF THE TELEVISION ACADEMY IN THE JUDGING PROCESS. THE DAY PRIOR TO THE AWARDS GALA, NOMINEES WERE INVITED TO PARTICIPATE IN AN EDUCATIONAL SUMMIT WHICH GAVE THEM INSIDER ACCESS TO CAREER PATHWAYS IN THE TELEVISION INDSUTRY. IN 2017, TWO SPECIAL AWARDS CATEGORIES CONTINUED BEING INCORPORATED INTO THE COMPETITION, THE MISTER ROGERS SCHOLARSHIP, WHICH GAVE TWO $5,000 SCHOLARSHIPS TO SUPPORT AND ENCOURAGE ASPIRING GRADUATE STUDENTS TO PURSUE A CAREER IN CHILDREN'S MEDIA AND FURTHER THE VALUES AND PRINCIPLES OF FRED ROGERS AND THE LOREEN ARBUS FOCUS ON DISABILITY AWARD WHICH RECOGNIZES STUDENTS WHO INCLUDE PEOPLE WITH DISABILITIES IN THEIR WORK. LINE 4C - THE INTERNSHIP PROGRAM THE INTERNSHIP PROGRAM PROVIDES APPROXIMATELY 53 INDUSTRY-WIDE INTERNSHIPS TO COLLEGE AND GRADUATE STUDENTS FROM ACROSS THE COUNTRY, AND IS A KEY PART OF FULFILLING THE FOUNDATION'S MISSION OF EDUCATING AND PREPARING THE NEXT GENERATION OF TELEVISION LEADERS. THE COMPETITIVE PROGRAM GIVES SELECTED STUDENTS IN-DEPTH EXPOSURE TO PROFESSIONAL TELEVISION PRODUCTION DURING AN EIGHT-WEEK PAID SUMMER INTERNSHIP. OUTREACH IS CONDUCTED AT MULTI-ETHNIC COLLEGES, HISTORICALLY-BLACK COLLEGES, & UNIVERSITIES, HISPANIC SERVING INSTITUTIONS, TRIBAL COLLEGES, AND ASIAN PACIFIC ISLANDER SERVING INSTITUTIONS, WHILE MAINTAINING A STRONG PRESENCE IN SCHOOLS NATION-WIDE. IN ADDITION, THE FOUNDATION ENGAGED OVER 200 VOLUNTEERS AND JUDGES FROM THE TELEVISION ACADEMY IN THE REVIEW OF OVER 1,700 APPLICATIONS AND OTHER PROGRAMMATIC ASPECTS. WHILE PARTICIPATING IN THE INTERSHIP PROGRAM, STUDENTS WERE ALSO INVITED TO ATTEND A PROFESSIONAL DEVELOPMENT DAY AND NETWORKING EVENTS TO HELP PREPARE THEM FOR THE NEXT PHASE OF THEIR CAREERS. LINE 4D - OTHER PROGRAM SERVICES THE SABAN MEDIA CENTER HOUSES THE TELEVISION ACADEMY FOUNDATION OFFICES, AS WELL AS SPACES FOR FOUNDATION PROGRAM EVENTS. FOUNDATION EVENTS USING THE MULTIPURPOSE CONFERENCE FACILITIES INCLUDE THE FACULTY SEMINAR, JUDGING FOR THE COLLEGE TELEVISION AWARDS AND THE INTERNSHIP PROGRAM, THE TELEVISION INDUSTRY SUMMIT FOR COLLEGE TELEVISION AWARD WINNERS AND NOMINEES, AND OTHER FOUNDATION PROGRAMS. IN 2017, THE FOUNDATION'S "POWER OF TV" PUBLIC PROGRAMS INCLUDED A CONVERSATION WITH NORMAN LEAR & THE CAST OF ONE DAY AT A TIME AND A SPECIAL EVENT ABOUT FOSTER CARE IN STORYTELLING ON TELEVISION. THE POWER OF TV SHOWCASES THE POTENTIAL OF TELEVISION TO ADVANCE CULTURAL CONVERSATIONS AND CREATE SOCIAL CHANGE. FOUNDATION EVENTS USING THE THEATER, LOBBY AND EXTERIOR SPACES INCLUDE THE COLLEGE TELEVISION AWARDS, NETWORKING MIXERS FOR FOUNDATION INTERNS AND COLLEGE TELEVISION AWARD WINNERS AND NOMINEES, FACULTY SEMINAR DISCUSSIONS, AND LARGER PUBLIC PROGRAMS. A SMALL STUDIO IN THE LOWER LEVEL HAS BEEN USED TO RECORD ORAL HISTORIES AS A PART OF THE FOUNDATION'S INTERVIEWS PROGRAM. ALL OF THE PROGRAMS LISTED ABOVE ARE ONGOING PROGRAMS OF THE FOUNDATION AND HELP TO FULFILL THE FOUNDATION'S MISSION TO SUPPORT EMERGING TELEVISION CREATORS AND TO PRESERVE THE HISTORY OF THE TELEVISION INDUSTRY. FORM 990, PART VI, LINE 4 SIGNIFICANT CHANGES TO GOVERNING DOCUMENTS THE BYLAWS WERE UPDATED IN 2017. THE SIGNIFICANT CHANGES INCLUDE DEFINING THE DUTIES OF THE ORGANZIATIONS EXECUTIVE DIRECTOR AND THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, LINE 7A DESCRIPTION OF CLASSES OF PERSONS AND THE NATURE OF THEIR RIGHTS THE ACADEMY OF TELEVISION ARTS & SCIENCES HAS THE SOLE RIGHT TO APPOINT OR REMOVE OTHER THAN THOSE SERVING EX OFFICIO. FORM 990, PART VI, LINE 11B PROCESS USED BY MANAGEMENT AND/OR GOVERNING BODY TO REVIEW 990 THE 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM USING INFORMATION PROVIDED BY THE ORGANIZATION'S FINANCE DEPARTMENT. THE 990 IS THEN REVIEWED BY THE CFO AND THE CONTROLLER BEFORE FILING. THE 990 IS MADE AVAILABLE TO THE BOARD TO REVIEW BEFORE AND AFTER FILING VIA A WEBSITE. FORM 990, PART VI, LINE 12C MONITORING AND ENFORCEMENT OF CONFLICT OF INTEREST POLICY THE FOLLOWING PROCEDURES ARE USED BY THE ACADEMY OF TELEVISION ARTS & SCIENCES FOUNDATION TO MONITOR THE CONFLICT OF INTEREST POLICY: 1. DUTY TO DISCLOSE IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST: AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST TO THE CHIEF OPERATING OFFICER, EXECUTIVE DIRECTOR OR CHIEF FINANCIAL OFFICER AND EXECUTIVE VICE PRESIDENT OF BUSINESS OPERATIONS AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE EXECUTIVE COMMITTEE WHICH HAS THE BOARD OF DIRECTORS DELEGATED POWER TO CONSIDER WHETHER A CONFLICT OF INTEREST EXISTS WITH RESPECT TO THE PROPOSED TRANSACTION OR ARRANGEMENT. 2. DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS: AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS TO THE EXECUTIVE COMMITTEE, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE EXECUTIVE COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE MEMBERS OF THE EXECUTIVE COMMITTEE SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. 3. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST: A. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE EXECUTIVE COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, WHETHER A CONFLICT OF INTEREST EXISTS. B. THE CHAIRPERSON OF THE EXECUTIVE COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. C. AFTER EXERCISING DUE DILIGENCE, THE EXECUTIVE COMMITTEE SHALL DETERMINE WHETHER THE FOUNDATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. D. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE EXECUTIVE COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED COMMITTEE MEMBERS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE FOUNDATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. 4. VIOLATIONS OF THE CONFLICT OF INTEREST POLICY: A. IF THE BOARD OF DIRECTORS, EXECUTIVE COMMITTEE, CHIEF OPERATING OFFICER, EXECUTIVE DIRECTOR OR CHIEF FINANCIAL OFFICER AND EXECUTIVE VICE PRESIDENT OF BUSINESS OPERATIONS HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, THEY SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. B. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE EXECUTIVE COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. THE POLICY COVERS ALL BOARD MEMBERS AND OFFICERS AND IS MONITORED AND ENFORCED ANNUALLY. OFFICERS AND GOVERNORS WITH A CONFLICT OF INTEREST ARE EXCLUDED FROM THE DELIBERATIONS AND FROM THE VOTE ON THE TRANSACTION WITH WHICH THEY HAVE A CONFLICT. FORM 990, PART VI, LINES 15A AND 15B PROCESS FOR DETERMINING COMPENSATION OF TOP MGMT & OTHER OFFICERS THE COMPENSATION FOR THE EXECUTIVE DIRECTOR POSITION (A CONTRACTED SALARY) IS APPROVED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE FOUNDATION. THE EXECUTIVE COMMITTEE IS COMPOSED OF ELECTED OFFICERS. ALL MEMBERS ARE INDEPENDENT AND RECEIVE NO COMPENSATION FROM THE FOUNDATION. SALARY COMPARABILITY DATA IS REVIEWED INTERNALLY BY HUMAN RESOURCES, AND THE FINDINGS ARE CONVEYED TO THE COMMITTEE FOR THEIR REVIEW. SINCE 1989, ALL OTHER NON-CONTRACTUAL SALARIES ARE APPROVED ANNUALLY BY THE EXECUTIVE DIRECTOR, CHAIRMAN, COO, & CFO. HUMAN RESOURCES COLLECTS SALARY DATA FROM LIKE ORGANIZATIONS FOR ANNUAL COMPARISONS WHEN ALL SALARIED POSITIONS ARE REVIEWED. POSITION SALARY RANGES ARE DETERMINED FROM HIGH TO LOW DEPENDING ON DATA RECEIVED. THIS PROCESS IS DONE ANNUALLY AND WAS LAST COMPLETED IN 2016. THE APPROVAL OF THE COMPENSATION IS DOCUMENTED IN THE FOUNDATION'S BOARD MINUTES. THE SALARIES OF THE PRESIDENT/COO, SENIOR DIRECTOR OF STRATEGIC PARTNERSHIPS AND CFO ARE PAID BY THE ACADEMY OF TELEVISION ARTS AND SCIENCES, NOT THE FOUNDATION. FORM 990, PART VI, LINE 19 AVAILABILITY OF GOVERNING DOCUMENTS, COI POLICY, & FIN STMTS GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE ALL AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART VII AND PART IX THE ACADEMY OF TELEVISION ARTS AND SCIENCES FOUNDATION DOES NOT HAVE ITS OWN EMPLOYEES AND EACH FORM W-2 WAGE AND TAX STATEMENT IS ISSUED BY A RELATED ORGANIZATION, ACADEMY OF ARTS AND TELEVISION SCIENCES. ALL COSTS ASSOCIATED WITH THE EMPLOYEES ARE REPORTED IN FORM 990, PART IX. ACADEMY OF TELEVISION ARTS & SCIENCES 5220 LANKERSHIM BLVD NORTH HOLLYWOOD CA 91601 953130853 TV INDUSTRY CA 501(c)(6) N/A NA false true false true false true false false false false false false false false true false true false false false