2018-11-15T11:39:51-06:00 2017-12-31 420714325 RSM US LLP 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 20878 990 2017-01-01 823285688 INTERNET SOCIETY FOUNDATION INTE 7034392767 11710 PLAZA AMERICA DRIVE NO 400 RESTON VA 20190 SANDRA SPECTOR CHIEF FINANCIAL OFFICER 7034392767 2018-11-01 1 WILLIAM E TURCO CPA P00369217 3012963600 66.98.98.16 2018-11-01 14:24:38 ED P C19F5D3F195EC13517A150B69ABBCB37DF598FBC 00BFBB601F26E6691F3C42FDB75EEBE807206D5E 2017 2019-02-21 02:37:17Z X X KATHRYN C BROWN 11710 PLAZA AMERICA DRIVE NO 400 RESTON VA 20190 43071227 0 X N/A X 2017 DC THE INTERNET SOCIETY FOUNDATION EXISTS TO DEMONSTRATE AND SUPPORT THE POSITIVE DIFFERENCE THE INTERNET CAN MAKE TO PEOPLE EVERYWHERE. IT PROMOTES THE DEVELOPMENT OF THE INTERNET AS A GLOBAL TECHNICAL INFRASTRUCTURE, A RESOURCE TO ENRICH PEOPLE'S LIVES, AND A FORCE FOR GOOD IN SOCIETY. 3 0 0 0 0 0 42967421 0 103806 0 43071227 0 0 0 0 0 24600 24600 43046627 43104607 24600 43080007 X THE INTERNET SOCIETY FOUNDATION EXISTS TO DEMONSTRATE AND SUPPORT THE POSITIVE DIFFERENCE THE INTERNET CAN MAKE TO PEOPLE EVERYWHERE. IT PROMOTES THE DEVELOPMENT OF THE INTERNET AS A GLOBAL TECHNICAL INFRASTRUCTURE, A RESOURCE TO ENRICH PEOPLE'S LIVES, AND A FORCE FOR GOOD IN SOCIETY. 0 0 CHAPTER CAPACITY BUILDING:CHAPTER PROJECTS AND PARTNERSHIP INITIATIVES THAT USE THE INTERNET TO IMPROVE PEOPLE'S LIVES. LOCAL AND REGIONAL PROJECTS THAT ARE ALIGNED WITH THE INTERNET SOCIETY'S MISSION CREATES INCREASED VISIBILITY FOR OUR CHAPTERS. COMMUNITY CAPACITY BUILDING:INITIATIVES THAT IMPROVE INTERNET ACCESS AND BRIDGE THE DIGITAL OPPORTUNITIES GAP. FUNDING FOR WORK THAT CONTRIBUTES TO INTERNET INFRASTRUCTURE HELPS WITH THE DEVELOPMENT OF SKILLS AND PROVIDES TOOLS TO HELP COMMUNITIES ADVOCATE FOR AN INTERNET THAT BENEFIT EVERYONE. RESEARCH:RESEARCH THAT ENHANCES THE SECURE, TRANSPARENT, AND OPEN NATURE OF THE GLOBAL INTERNET. WORK THAT DEEPENS OUR KNOWLEDGE OF THE INTERNET AND INCREASES OUR UNDERSTANDING OF HOW IT CAN BE BETTER USED TO DELIVER SOCIAL AND ECONOMIC OPPORTUNITY FOR EVERYONE. 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X SANDRA SPECTOR CFO 7034392767 11710 PLAZA AMERICA DRIVE NO 400 RESTON VA 20190 KATHRYN BROWN INTERIM DIRECTOR, CEO 5.00 40.00 X X 0 601978 65471 SANDRA SPECTOR INTERIM DIRECTOR, TREASURER 5.00 40.00 X X 0 192100 65138 DAVID FROLIO INTERIM DIRECTOR, SECRETARY 5.00 X X 0 121188 0 0 915266 130609 0 0 1 0 0 42967421 42967421 103806 103806 43071227 0 0 103806 24343 24343 DUES & SUBSCRIPTIONS 257 257 24600 0 24600 0 536766 37984815 4583026 0 43104607 24600 0 24600 X 43080007 0 43080007 0 43104607 43046627 33380 0 X 0 1 X 1 0 X X X 1 INTERNET SOCIETY 541650477 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 41,995-ISHARES EDGE MSCI MIN VOL USA 2216496 F 28,301-ISHARES EDGE MSCI USA VALUE 2366530 F 4583026 X PART X, LINE 2: ISOC AND PIR ARE GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, ISOC AND PIR QUALIFY FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAVE BEEN CLASSIFIED AS ORGANIZATIONS THAT ARE NOT PRIVATE FOUNDATIONS. INCOME WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS (UNRELATED BUSINESS INCOME, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. ISOC HAD NO NET UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2017 AND 2016. PIR HAD NET UNREALIZED BUSINESS INCOME IN THE AMOUNT OF $0 AND $166,942 ON INTEREST INCOME PAID BY ENSET TO PIR DURING THE YEARS ENDED DECEMBER 31, 2017 AND 2016, RESPECTIVELY. WHILE 501(C)(4)'S SUCH AS ENSET ARE ELIGIBLE FOR TAX EXEMPT STATUS, ENSET HAS NOT FILED FOR SUCH STATUS. INTERNET SOCIETY ASIA LIMITED IS SUBJECT TO LOCAL COUNTRY TAXES PER SINGAPORE TAX REGULATIONS. THE SUBSIDIARY HAD NO TAXABLE SURPLUS, AND AS SUCH, HAD NO TAX LIABILITY AT DECEMBER 31, 2017 AND 2016. MANAGEMENT EVALUATED ISOC AND PIR'S TAX POSITIONS AND CONCLUDED THAT THEY HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. GENERALLY, DUE TO THE THREE-YEAR STATUTE OF LIMITATIONS, ISOC AND PIR ARE NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2014. 0 0 0 0 0 0 0 0 0 KATHRYN BROWN INTERIM DIRECTOR, CEO 0 444605 0 153563 0 3810 0 40500 0 24971 0 667449 0 0 SANDRA SPECTOR INTERIM DIRECTOR, TREASURER 0 177582 0 13828 0 690 0 30574 0 34564 0 257238 0 0 SCHEDULE J, PART II, COMPENSATION AND BENEFITS INTERNET SOCIETY FOUNDATION DOES NOT COMPENSATE ANY DIRECTORS AND OFFICERS. ALL DIRECTORS SERVE ON THE ORGANIZATION'S BOARD WITHOUT COMPENSATION. ALL COMPENSATION SHOWN IN PART VII OF THE FORM 990, AND SCHEDULE J, PAGE 2, PART II, IS PAID BY A RELATED ORGANIZATION OF THE INTERNET SOCIETY FOUNDATION, INC., INTERNET SOCIETY. THE FOUNDATION RELIES ON ITS RELATED ORGANIZATION'S METHODOLOGY OF DETERMINING COMPENSATION. THE COMPENSATION METHODOLOGY ARE DESCRIBED BELOW. THE INTERNET SOCIETY ENGAGED A COMPENSATION SPECIALIST TO ESTABLISH A COMPREHENSIVE COMPENSATION PROGRAM OF THE COMPANY. THE GOALS WERE TO ESTABLISH INTERNAL COMPENSATION EQUITY, ACHIEVE EXTERNAL EQUITY TO ENSURE FAIR AND COMPETITIVE PAY, TO DEVELOP AN OBJECTIVE MERIT REVIEW PROCESS, AND DEVELOP TOOLS TO MAINTAIN THE COMPENSATION PROGRAM. THE INTERNET SOCIETY DEVELOPED COMPENSATION BENCHMARKS FOR EACH POSITION WITHIN THE ORGANIZATION, USING SEVERAL COMPENSATION STUDIES FOR US BASED EMPLOYEES AND BENCHMARKS FROM MERCER TOWERS WATSON AND BIRCHES GROUP FOR WORLDWIDE EMPLOYEES. THESE BENCHMARKS ARE UPDATED ANNUALLY. THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER WAS ESTABLISHED IN A CONTRACT JANUARY 1, 2014. AS PART OF THE CONTRACT PROCESS, AN INDEPENDENT COMPENSATION CONSULTANT WAS ENGAGED BY THE INTERNET SOCIETY BOARD OF TRUSTEES TO PROVIDE AN OPINION ON REASONABLENESS OF AND SUPPORTING COMPARABILITY DATA WITH RESPECT TO TOTAL COMPENSATION OF THE CHIEF EXECUTIVE OFFICER. THE CEO RECEIVES THE BENEFITS AVAILABLE TO OTHER INTERNET SOCIETY EMPLOYEES, INCLUDING A COMPANY CONTRIBUTION TOWARDS A RETIREMENT PLAN. ANNUALLY, THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES DRAWS UP ACHIEVEMENT TARGETS FOR THE CEO. THE CEO SUBMITS A SELF-EVALUATION AT YEAREND TO THE COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEE REVIEWS THE CEO'S PERFORMANCE AND MAKES A DETERMINATION AS TO THE AMOUNT OF VARIABLE COMPENSATION EARNED. THE COMPENSATION COMMITTEE THEN INSTRUCTS THE INTERNET SOCIETY'S CFO TO PAY THE VARIABLE AWARD BASED ON THE COMMITTEE'S PERFORMANCE ASSESSMENT, LESS APPLICABLE STATUTORY WITHHOLDINGS. THE INTERNET SOCIETY EMPLOYS A GOAL MANAGEMEN PROCESS TO ESTABLISH AND TRACK GOALS FOR ALL MEMBERS OF ITS STAFF. THE INTERNET SOCIETY REVIEWS PERFORMANCE OF ALL EMPLOYEES ON DECEMBER 31. ANNUAL SALARY REVIEWS ARE BASED ON PERFORMANCE EVALUATIONS, COMPENSATION SURVEYS, AND STANDARDS FOR THE INDIVIDUAL COUNTRY OF EMPLOYMENT. THE INTERNET SOCIETY ALSO AWARDS VARIABLE COMPENSATION TO STAFF BASED ON INDIVIDUAL AND CORPORATE PERFORMANCE DURING THE YEAR. THESE AWARDS WERE DETERMINED IN CONSULTATION WITH THE COMPENSATION CONSULTANT, BASED ON RECOMMENDATIONS BY THE CEO, CFO, AND AWARDEES' DIRECT SUPERVISOR. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE INTERNET SOCIETY FOUNDATION SHALL BE THE INTERNET SOCIETY (THE "MEMBER"). FORM 990, PART VI, SECTION A, LINE 7A THE INTERIM BOARD MEMBERS & OFFICERS WILL SERVE DURING THE FORMATION AND INITIAL OPERATIONS OF THE FOUNDATION. THE SUBSEQUENT TRUSTEES SHALL BE APPOINTED BY THE MEMBER (INTERNET SOCIETY) IN 2018. FORM 990, PART VI, SECTION A, LINE 7B THE TRUSTEES SHALL BE APPOINTED BY THE MEMBER (INTERNET SOCIETY). TRUSTEES MAY BE REMOVED WITH OR WITHOUT CAUSE BY THE MEMBER. FORM 990, PART VI, SECTION B, LINE 11B THE INTERNET SOCIETY FOUNDATION'S ACCOUNTING FIRM PREPARES AND SIGNS THE RETURN AS PAID PREPARER AND DELIVERS THE RETURN TO THE INTERNET SOCIETY FOUNDATION. PRIOR TO FILING, THE CFO AND THE CEO OF THE INTERNET SOCIETY FOUNDATION REVIEW THE RETURN WITH THE AUDIT COMMITTEE. A REPRESENTATIVE OF THE INDEPENDENT ACCOUNTING FIRM'S TAX TEAM IS PRESENT TO ADDRESS ANY QUESTIONS FROM THE AUDIT COMMITTEE MEMBERS. AFTER REVIEW, A COPY OF THE RETURN IN ITS FINAL FORM IS SENT TO EACH MEMBER OF THE BOARD OF TRUSTEES PRIOR TO FILING THE RETURN. THE CEO OR THE CFO SIGNS FORM 8879-EO, THE IRS E-FILE SIGNATURE AUTHORIZATION FORM, AND RETURNS THIS FORM TO THE INTERNET SOCIETY FOUNDATION'S ACCOUNTING FIRM. THE ACCOUNTING FIRM THEN ELECTRONICALLY FILES THE RETURN WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, TRUSTEES AND OFFICERS OF INTERNET SOCIETY FOUNDATION SHALL FILL OUT A CONFLICT OF INTEREST QUESTIONNAIRE. THESE COMPLETED QUESTIONNAIRES WILL BE REVIEWED AND MONITORED BY THE CHAIR OF THE AUDIT COMMITTEE, AND THE RESULTS ARE REPORTED TO THE BOARD OF TRUSTEES. THE AUDIT COMMITTEE AND THE CHAIR OF THE INTERNET SOCIETY FOUNDATION'S BOARD OF TRUSTEES RELY ON THE TRUSTEES AND OFFICERS TO INFORM THEM OF ISSUES THAT MIGHT ARISE IN THE INTERIM PERIOD BETWEEN QUESTIONNAIRE SUBMISSIONS. THE CHAIR SOLICITS ALL TRUSTEES TO DISCLOSE ANY CONFLICTS WITH THE AGENDA ITEMS FOR THAT BOARD MEETING. TRUSTEES WHO REPORT POTENTIAL CONFLICTS MAY BE REQUIRED TO ABSTAIN FROM ANY FORMAL DECISION BY THE BOARD OF TRUSTEES, AND MAY BE REQUIRED TO RETIRE FROM ANY DISCUSSION OR DELIBERATION. THE BOARD OF TRUSTEES, ACTING AS A BODY LED BY THE CHAIR, MAKES THE DETERMINATION OF WHETHER A CONFLICT EXISTS AND THE PARTICIPATION RESTRICTIONS TO BE IMPOSED. WHENEVER THERE IS REASON TO BELIEVE THAT A POTENTIAL CONFLICT OF INTEREST EXISTS BETWEEN THE INTERNET SOCIETY FOUNDATION AND THE CHAIR OF THE BOARD, THE POTENTIAL CONFLICT SHALL BE REPORTED TO THE BOARD AS A WHOLE. THE BOARD BY MAJORITY VOTE WILL DETERMINE THE APPROPRIATE RESPONSE. FORM 990, PART VI, SECTION C, LINE 19 ALL INFORMATION IS AVAILABLE ON THE ORGANIZATION'S WEBSITE. INTERNET SOCIETY 11710 PLAZA AMERICA DRIVE SUITE 400 RESTON VA 20190 541650477 EDUCATION DC 501(C)(3) LINE 7 N/A 0 PUBLIC INTEREST REGISTRY 1775 WIEHLE AVENUE SUITE 100 RESTON VA 20190 331025119 OPERATOR OF DOMAIN NAMES PA 501(C)(3) LINE 12B, II INTERNET SOCIETY 0 INTERNET SOCIETY ASIA LIMITED 9 TEMASEK BLVD SUNTEC TOWER TWO 0 SN PROVIDES SUPPORT & VISIBILITY IN THE ASIA-PACIFIC REGION SN INTERNET SOCIETY 0 ENSET 1775 WIEHLE AVENUE STE 201 RESTON VA 20190 472514918 NON-PROFIT SOCIAL WELFARE PA PUBLIC INTEREST REGISTRY C 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0