2018-08-06T06:55:35-05:00 2017-09-30 371611326 Aronson LLC 805 King Farm Blvd 3rd Floor Rockville MD 20850 990 2016-10-01 530220900 RESOURCES FOR THE FUTURE INC RESO 2023285000 1616 P STREET NW WASHINGTON DC 20036 Terri O'Brien VP Finance & Admin 2023285000 2018-08-02 1 Gregory M Plotts CPA P01255941 3012316200 2016 2022-09-23 18:48:47Z TERRI O'BRIEN 1616 P STREET NW WASHINGTON DC 20036 69161741 0 X www.rff.org X 1952 NY IMPROVE ENVIRONMENTAL/NATURAL RESOURCE Policy MAKING WORLDWIDE THRU SOCIAL SCIENCE RESEARCH. 20 19 110 0 -62688 -71460 9156618 7660068 0 0 1779338 4562470 1368850 636509 12304806 12859047 25500 50065 0 0 9323916 8336743 0 0 858211 5109015 5368281 14458431 13755089 -2153625 -896042 66754970 68227819 7859688 7485560 58895282 60742259 RFF's mission is to improve environmental, energy, and natural resource decisions through impartial economic research and policy engagement. 0 0 9637627 RFF's research effort has two major programs focused on the economics and policy of: (i) Energy and Climate and (ii) Land, Water, and Nature.Energy and Climate Program focuses on ways to reduce greenhouse gas emissions, advance a reliable and clean energy system, and ensure a healthy environment while balancing the need for economic growth.Land, Water, and Nature Program focuses on the management of key land, water, and marine resources that support a thriving economy and society, while ensuring healthy and productive natural systems and building resilience in a changing climate. 58267 50065 ACADEMIC RELATIONS: AWARD SMALL GRANTS AND FELLOWSHIPS TO SCHOLARS FROM OTHER INSTITUTIONS TO ADVANCE THE STATE OF KNOWLEDGE IN THE ENVIRONMENTAL AND NATURAL RESOURCE SCIENCES. 1024553 COMMUNICATIONS: DISSEMINATION OF RESEARCH RESULTS IN THE FORM OF DISCUSSION PAPERS, RESOURCES MAGAZINE, RFF WEBSITE AND OTHER METHODS. ADVANCE RFF'S REPUTATION FOR INDEPENDENT RESEARCH AND NON PARTISAN POLICY THROUGH EXPANDED COMMUNICATIONS EFFORTS. RFF SCHOLARS HELP INFORM AND SHAPE PUBLIC DEBATE BY ISSUING DISCUSSION PAPERS, REPORTS AND PUBLISHING RESEARCH FINDINGS IN PEER-REVIEWED JOURNALS, AS WELL AS WORKING WITH REPORTERS AND APPEARING ON TELEVISION AND RADIO. 10720447 1 1 0 0 0 1 0 0 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 91 0 1 110 0 0 1 CJ 0 0 0 0 0 0 0 0 0 0 0 X 20 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 NJ NY X X TERRI O'BRIEN 2023285000 1616 P STREET NW Washington DC 20036 RICHARD G NEWELL PRESIDENT 35.00 X X 137553 0 90 RICHARD SCHMALENSEE CHAIR 0.94 X X 0 0 0 LINDA j fisher vice chair 1.01 X X 0 0 0 vicki a bailey DIRECTOR 0.34 X 0 0 0 anthony bernhardt DIRECTOR 0.49 X 0 0 0 TRUDY ANN CAMERON dIRECTOR 0.21 X 0 0 0 C BOYDEN GRAY DIRECTOR 0.14 X 0 0 0 DAVID G HAWKINS DIREctor 0.27 X 0 0 0 PETER r kagan DIRECTOR 0.53 X 0 0 0 SALLY katzen DIREctor 0.37 X 0 0 0 RUBEN kraiem DIREctor 0.51 X 0 0 0 ELAINE DORWARD-KING DIREctor 0.26 X 0 0 0 BOB LITTERMAN DIREctor 0.38 X 0 0 0 HENRy schacht DIREctor 0.15 X 0 0 0 JAMES Asselstine DIREctor 0.19 X 0 0 0 DANIEL ESTY DIRECTOR 0.13 X 0 0 0 WILHELM MERCK DIRECTOR 0.19 X 0 0 0 ROBERT N STAVINS DIRECTOR 0.13 X 0 0 0 SUE TIERNEY DIRECTOR 0.10 X 0 0 0 MARK r tercek DIRECTOR 0.19 X 0 0 0 terri O'BRIEN VP-FINANCE & ADMIN 35.00 X 237024 0 40284 LAUREL LEE HARVEY VP-DEV & CORP SECRETARY (TERMINATED 8/14/17) 35.00 X 219766 0 50858 ALAN J KRUPNICK Senior fellow 35.00 X 228377 0 52277 RAYMOND J KOPP VP ENERGY AND CLIMATE 35.00 X 206529 0 63226 Karen Palmer research Dir/snr Fellow 35.00 X 198471 0 66824 DENNIS BURTRAW SENIOR FELLOW 35.00 X 190840 0 62568 MARGARET WALLS INTERIM VP-LAND,WATER & NATURE 35.00 X 199852 0 33818 MOLLY Macauley former VP-REsearch & snr fellow 35.00 X 129829 0 33058 1748241 0 403003 27 1 1 0 legacy gift services llc 4607 greene pl nw washington DC 20007 consulting 176346 kevin rennert 4713 colorado ave nw washington DC 20011 consulting 160750 Daniel Shawhan 1415 Florida Avenue NW Apt 201 washington DC 20009 consulting 116481 ISAACSON MILLER INC 263 SUMMER STREET BOSTON MA 02210 Consulting 102675 LEONARD SHABMAN 1600 NORTH OAK ST 1620 ARlington VA 22209 consulting 102140 5 2862345 4797723 7660068 1560270 -63462 1623732 1556559 920824 635735 635735 635735 58384070 55381870 3002200 3002200 3002200 TELEPHONE CENTER 310000 774 774 774 12859047 0 -62688 5261667 50065 50065 685575 30883 429472 225220 6280780 5058280 947523 274977 719308 717582 -31218 32944 215577 205143 3320 7114 435503 387327 13899 34277 553553 266056 125662 161835 5725 3000 2725 52213 52213 267704 267704 10051 2038 8013 99771 19060 80701 10 122888 67700 44089 11099 648000 505835 99301 42864 163903 109838 35195 18870 254585 173290 58559 22736 107587 107587 613248 471013 142235 70880 33664 37216 CONSULTANTS 1538322 1464072 64250 10000 SUBCONTRACTS 503770 503770 OTHER EXPENSES 201919 130047 59301 12571 PRINTING & PUBLICATIONS 105839 102422 535 2882 48323 44071 3440 812 13755089 10720447 2176431 858211 505310 394629 6481119 11061667 4698152 3758378 482 1596 35953 2680 14063960 6838095 7449318 7225865 35134441 23505892 11977635 21908505 472560 368607 66754970 68227819 2934056 2678454 19126 31968 43325 96322 4605000 4310000 258181 368816 7859688 7485560 X 47233605 49933822 5172270 4319030 6489407 6489407 58895282 60742259 66754970 68227819 -896042 2743019 0 X 0 1 X 1 1 1 X 9291814 7060166 9762611 9756618 7660068 43531277 9291814 7060166 9762611 9756618 7660068 43531277 3267344 40263933 3893609 3449632 3663037 3407216 3116829 17530323 61061600 0.65940 0.65870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4 5000 172114 1 1 6595765 0 852180 266471 7181474 6443209 50 418977 266471 6595765 6992902 5450 -288672 266471 6443209 6535627 171000 552746 266471 6992902 5994460 390000 376177 225010 6535627 0.00000 0.90360 0.09640 0 0 11984402 5209747 6774655 2079558 1628348 451210 7225865 HEDGE FUNDS 21878154 F PRIVATE PLACEMENT 30351 F 21908505 LIABILITIES UNDER SPLIT-INTEREst 196702 GIFT FUNDS HELD FOR OTHERS 172114 368816 X 16255186 2743019 2743019 13512167 267704 -920824 -653120 12859047 14408209 920824 920824 13487385 267704 267704 13755089 Part V, Line 4: ENDOWMENT FUNDS ENDOWMENT FUNDS ARE USED TO SUPPORT VARIOUS ACTIVITIES AND PROJECTS AS DESIGNATED BY THE BOARD OF DIRECTORS AND APPLICABLE LAWS AND ARE SUBJECT TO DONOR INTENT. Part X, Line 2: FINANCIAL STATEMENT FOOTNOTE REGARDING FIN 48 (ASC 740) RFF evaluates uncertainty in income tax positions based on a more-likely-than-not recognition standard. If that threshold is met, the tax position is then measured at the largest amount that is greater than 50% likely of being realized upon ultimate settlement. As of September 30, 2017 and 2016, there are no accruals for uncertain tax positions. If applicable, RFF records interest and penalties as a component of income tax expense. Tax years from 2014 through the current year remain open for examination by tax authorities. part xi line 4b and xii line 2d other revenue and expense rental expenses $920,824 Central America and the Caribbean INVESTMENT IN PARTNERSHIPS INVESTMENT SERVICES 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 RESEARCH GRANTS - DISSERTATION AWARDS PROGRAM 4 50065 Part I, Line 2: SCHEDULE I, PART I, LINE 2 GRANT FUNDS ARE EXPENDED TO INDIVIDUALS IN THE U.S FOR USE IN THE U.S AND RFF MONITORS REPORTS OF THE USE OF FUNDS. X X X 0 0 0 0 0 0 0 0 0 terri O'BRIEN VP-FINANCE & ADMIN 222024 0 15000 0 0 0 34344 0 5940 0 277308 0 0 0 LAUREL LEE HARVEY VP-DEV & CORP SECRETARY (TERMINATED 204766 0 15000 0 0 0 31637 0 19221 0 270624 0 0 0 ALAN J KRUPNICK Senior fellow 228377 0 0 0 0 0 46640 0 5637 0 280654 0 0 0 RAYMOND J KOPP VP ENERGY AND CLIMATE 206529 0 0 0 0 0 44330 0 18896 0 269755 0 0 0 Karen Palmer research Dir/snr Fellow 188471 0 10000 0 0 0 39606 0 27218 0 265295 0 0 0 DENNIS BURTRAW SENIOR FELLOW 190840 0 0 0 0 0 39785 0 22783 0 253408 0 0 0 MARGARET WALLS INTERIM VP-LAND,WATER & NATURE 199852 0 0 0 0 0 27923 0 5895 0 233670 0 0 0 MOLLY Macauley former VP-REsearch & snr fellow 129829 0 0 0 0 0 28431 0 4627 0 162887 0 0 0 Form 990, Part VI, Section B, line 11b FORM 990 REVIEW PROCESS The Form 990 is reviewed by the CFO and CEO and made available to the entire Board prior to the submission to the IRS. Form 990, Part VI, Section B, line 12c CONFLICT OF INTEREST POLICY ANNUALLY, THE BOARD OF DIRECTORS IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM. Form 990, Part VI, Section B, line 15 OFFICER COMPENSATION DETERMINATION PROCESS RFF OFFICER COMPENSATION WILL BE SET ANNUALLY AS FOLLOWS: (A) THE BOARD DECIDES THE PRESIDENT'S COMPENSATION, BASED ON A RECOMMENDATION FROM THE EXECUTIVE COMMITTEE; (B) THE EXECUTIVE COMMITTEE DECIDES ALL OTHER OFFICERS' COMPENSATION, BASED ON A RECOMMENDATION FROM THE PRESIDENT. THE INTERMEDIATE SANCTIONS RULES REQUIRE THAT ALL PROPERTY TRANSFERS BE AT FAIR MARKET VALUE. PER IRS REGULATIONS, COMPENSATION IS PRESUMED A PROPERTY TRANSFER AND IS PRESUMED TO BE AT FMV IF:(1) THE COMPENSATION AGREEMENT OR TERMS OF THE TRANSFER ARE APPROVED IN ADVANCE, BY AN AUTHORIZED BODY OF THE EXEMPT ORGANIZATION, COMPOSED ENTIRELY OF INDIVIDUALS WITHOUT A CONFLICT OF INTEREST; (2) THE BOARD OR COMMITTEE OBTAINED AND RELIED UPON APPROPRIATE DATA AS TO COMPARABILITY IN MAKING ITS DETERMINATION; AND (3) THE BOARD OR COMMITTEE ADEQUATELY DOCUMENTED THE BASIS FOR ITS DETERMINATION, coNCURRENTLY WITH MAKING THE DECISION. REFERRING THE THREE CRITERIA ABOVE IN THE RFF CONTEXT: (1) SALARY AGREEMENTS ARE APPROVED IN ADVANCE BY THE BOARD OR THE EXECUTIVE COMMITTEE AND NO INTERESTED PARTIES ARE INVOLVED IN SETTING THEM. (2) WE SUBSCRIBE TO A NUMBER OF SURVEYS THAT LOOK AT NONPROFIT ORGANIZATIONS AND RESEARCH ORGANIZATIONS IN WASHINGTON AND NATIONWIDE. THEY PROVIDE GOOD INFORMATION AND CAN BE RELIED ON TO JUDGE COMPARABILITY. PERIODICALLY RFF WILL ENGAGE A COMPENSATION CONSULTANT TO CONDUCT AN INDEPENDENT ANALYSIS. (3) WE PREPARE MINUTES OF ALL EXECUTIVE COMMITTEE MEETINGS WHICH REFLECT SALARY DECISIONS. MATERIALS USED BY THE COMMITTEE TO DETERMINE COMPARABILITY GOES INTO THE PERSONEL FILES FOR THE INDIVIDUALS INVOLVED. Form 990, Part VI, Section C, line 19 CERTAIN DOCUMENTS AVAILABLE TO THE PUBLIC RFF MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. RFF'S FINANCIAL STATEMENTS AND TAX RETURNS ARE POSTED ON OTHER NON-PROFIT WEBSITES THAT COLLECT AND POST NON-PROFIT INFORMATION.