2018-06-27T07:43:45-05:00 2018-02-28 861065772 DELOITTE TAX LLP 250 EAST FIFTH STREET SUITE 1900 CINCINNATI OH 45202 990 2017-03-01 521224690 NRF FOUNDATION NRFF 2027837971 1101 NEW YORK AVENUE NW NO 1200 WASHINGTON DC 20005 CARLEEN KOHUT EVP/COO 2027837971 2018-06-26 1 MEGHANN ACKLEY P01399136 5137237100 2017 2022-09-23 18:48:47Z CARLEEN KOHUT 1101 NEW YORK AVENUE NW NO 1200 WASHINGTON DC 20005 8537863 0 X WWW.NRF.COM X 1981 DC TO PURSUE THE PUBLIC EDUCATION AND RESEARCH PURPOSES OF THE NATIONAL RETAIL FEDERATION. 16 15 0 300 0 0 3041911 2541417 3233432 3386063 116698 457201 -29507 -812512 6362534 5572169 651444 664081 0 0 972336 1347167 0 0 0 3114721 2759051 4738501 4770299 1624033 801870 11372376 10803356 3410492 1856364 7961884 8946992 X THE NRF FOUNDATION SHAPES RETAIL'S FUTURE BY BUILDING AWARENESS OF THE INDUSTRY THROUGH STATISTICS AND STORIES; DEVELOPING TALENT THROUGH EDUCATION, EXPERIENCES AND SCHOLARSHIPS; AND FOSTERING CAREER GROWTH AMONG PEOPLE WHO WORK IN RETAIL. 0 0 1103381 2373254 CERTIFICATION AND CREDENTIAL PROGRAM: ASSESSMENTS LEADING TO A CERTIFICATION IN CUSTOMER SERVICE, SALES, RETAIL MANAGEMENT AND RETAIL FUNDAMENTALS LEAD RETAIL ASSOCIATES OR JOB SEEKERS FOR RETAIL TO DEMONSTRATE MASTERY OF THE SKILLS AND KNOWLEDGE TO PERFORM SUCCESSFULLY AND ADVANCE IN RETAIL OR SALES RELATED CAREERS. THE BENEFIT IS TO THE INDIVIDUAL, RETAILERS AND ANY CUSTOMER SERVICE ORIENTED EMPLOYER. THIS PROGRAM IS CHARTERED BY THE DEPARTMENT OF LABOR. 669555 664081 SCHOLARSHIP PROGRAMS: IN SUPPORT OF ITS MISSION TO ADVANCE THE INTERESTS OF THE RETAIL INDUSTRY THROUGH EDUCATION, THE FOUNDATION SPONSORS SEVERAL PROGRAMS PROVIDING SCHOLARSHIPS TO INDIVIDUALS ATTENDING ELIGIBLE INSTITUTIONS WHO ARE INTERESTED IN A VARIETY OF CAREERS WITHIN THE INDUSTRY. THE CRITERIA FOR AWARDING SCHOLARSHIPS IS FURTHER DESCRIBED IN SCHEDULE I OF THIS FORM 990. 1275410 623750 RESEARCH AND RETAIL INDUSTRY PROJECTS: IN ORDER TO ENSURE FUTURE LEADERSHIP IN THE RETAIL INDUSTRY, THE FOUNDATION ACTIVELY WORKS WITH CURRENT RETAIL LEADERS, EDUCATIONAL INSTITUTIONS AND STUDENTS INFORMING AND EDUCATING THEM ABOUT CAREER PATHS WITHIN THE RETAIL INDUSTRY. THE FOUNDATION ALSO PROVIDES PLATFORMS WHERE ALL OF THESE PARTICIPANTS CAN MEET AND ENGAGE WITH ONE ANOTHER. 958478 389059 OTHER PROGRAM SERVICE ACTIVITIES RELATE PRIMARILY TO THE DEVELOPMENT COSTS OF A NEW PROGRAM, RETAIL INDUSTRY SKILLS AND EDUCATION (RISE UP). THIS PROGRAM OFFERS TRAINING AND CREDENTIALS THAT HELP ENTRY-LEVEL JOB SEEKERS DEVELOP MEANINGFUL CAREERS. 958478 389059 4006824 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 34 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 16 15 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 DC NY X CARLEEN KOHUT 2027837971 1101 NEW YORK AVENUE NW SUITE 1200 WASHINGTON DC 20005 KAREN KATZ CHAIR 0.50 X 0 0 0 MINDY F GROSSMAN IMMEDIATE PAST CHAIR (END MAY 2017) 0.50 X 0 0 0 MATT R SHAY PRESIDENT AND CEO 8.50 41.50 X X 0 3028987 407450 EMILY ANTONELLI DIRECTOR 0.50 X 0 0 0 STEVE BARR DIRECTOR 0.50 X 0 0 0 BILL BRAND DIRECTOR 0.50 X 0 0 0 LEE CULPEPPER DIRECTOR 0.50 X 0 0 0 DEB DECKER DIRECTOR 0.50 X 0 0 0 DANIELLE DIFERDINANDO DIRECTOR 0.50 X 0 0 0 GENE GSELL DIRECTOR 0.50 X 0 0 0 ARLETTE GUTHRIE DIRECTOR 0.50 X 0 0 0 SUSAN HART DIRECTOR (STARTED JAN 2018) 0.50 X 0 0 0 GINA IACOVONE DIRECTOR (STARTED JAN 2018) 0.50 X 0 0 0 MARK LARSON DIRECTOR 0.50 X 0 0 0 LINDA LEWIS DIRECTOR (END JAN 2018) 0.50 X 0 0 0 JERRY O'BRIEN DIRECTOR 0.50 X 0 0 0 HEIDI O'NEILL DIRECTOR (END JAN 2018) 0.50 X 0 0 0 AUDREY ROBERTSON DIRECTOR (END JAN 2018) 0.50 X 0 0 0 ANNE VOLLER DIRECTOR 0.50 X 0 0 0 DANIELLE WALLIS DIRECTOR 0.50 X 0 0 0 ELLEN DAVIS EXECUTIVE DIRECTOR 50.00 X X 0 414270 75306 MALLORY DUNCAN GENERAL COUNSEL (RETIRED 8/17) 8.50 41.50 X X 0 354991 75425 CARLEEN C KOHUT EVP AND COO 8.50 41.50 X X 0 736156 94045 0 4534404 652226 0 0 1 0 CASTLE WORLDWIDE INC 6001 HOSPITALITY COURT SUITE 100 MORRISVILLE NC 27560 PROGRAM MANAGEMENT AND COMPUTER SERVICES 869673 FIRST PROTOCOL INC 630 NINTH AVENUE SUITE 310 NEW YORK NY 10036 AUDIO/VISUAL SERVICES FOR SPECIAL EVENT 343779 PIER SIXTY LLC 23RD STREET AND THE WESTSIDE HIGHWA NEW YORK NY 10011 CATERING SERVICES FOR SPECIAL EVENT 250585 ELIZABETH ROSE CONSULTING LLC 120 MAIN STREET GARDINER NY 12525 PROFESSIONAL FUNDRAISER 224279 BARKLEY KALPAK ASSOCIATED INC 315 W 39TH STREET STUDIO 607 NEW YORK NY 10018 AUDIO/VISUAL, DECORATING SERVICES 136713 7 2530917 10500 453665 2541417 ASSESS/CERTIFICATIONS 900099 2373254 2373254 RESEARCH AND PROJECTS 611710 623750 623750 PUBLICATIONS 611600 389059 389059 3386063 252067 252067 5265 5265 1784437 1579303 205134 205134 205134 568614 2530917 1386391 -817777 -817777 5572169 3386063 0 -355311 X 664081 664081 443776 182917 260859 659820 399493 260327 185903 153455 32448 57668 44981 12687 3109 3109 5500 5500 10967 5493 5474 1695071 1695071 131852 131852 138538 90865 47673 72737 70363 2374 97259 65243 32016 276797 231864 44933 COST OF SALES-PUBS & RE 91603 91603 SPECIAL EVENT 59931 59931 SPONSORSHIPS 10445 10445 165242 103667 61575 4770299 4006824 763475 0 6011608 5053290 36464 911491 155138 225347 5169166 4613228 11372376 10803356 373455 239586 2857210 1461810 179827 154968 3410492 1856364 X 3572370 3520115 4389514 5426877 7961884 8946992 11372376 10803356 801870 67827 115410 0 X 0 1 X 1 0 X 246191 506125 1483802 3041911 2541418 7819447 1727060 2957760 2207715 3233432 3386063 13512030 1973251 3463885 3691517 6275343 5927481 21331477 275000 275000 0 275000 275000 21056477 191920 231115 165094 138802 257332 984263 191920 231115 165094 138802 257332 984263 2165171 3695000 3856611 6414145 6184813 22315740 0.94360 0.88940 0.04410 0.06550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO RELATED PARTY 154968 154968 X X X X X X 1 ELIZABETH ROSE CONSULTING LLC 120 MAIN STREET GARDINER NY 12525 GALA/AUCTION 0 3099531 224279 2875253 3099531 224279 2875253 NY DC GALA/AUCTION 3099531 2530917 568614 428310 250585 59781 647715 3099531 2530917 568614 428310 250585 59781 647715 1386391 -817777 SCHEDULE G, PART I, LINE 2B, COLUMN (V) DURING THE YEAR, THE FOUNDATION CONTRACTED WITH ELIZABETH ROSE CONSULTING LLC, A PROFESSIONAL FUNDRAISER TO RAISE FUNDS FOR ITS GALA AND SILENT AUCTION. THE CONTRACT CALLS FOR A SET AMOUNT AS FEES AND ACTUAL EXPENSES ARE TO BE REIMBURSED WITH PROPER DOCUMENTATION. 1 TRAVEL GRANTS 330 499581 TUITION GRANTS 20 164500 PART I, LINE 2: THE FOUNDATION AWARDS SCHOLARSHIPS TO DEGREE CANDIDATES ENROLLED AT ELIGIBLE INSTITUTIONS. SPECIFIC CRITERIA SUCH AS GPA, YEAR IN SCHOOL, AND SUBMISSION OF COMPLETE APPLICATION, RECOMMENDATIONS, ETC. MUST BE MET IN ORDER TO QUALIFY FOR THESE SCHOLARSHIPS. CANDIDATES' APPLICATIONS ARE SUBJECT TO MULTIPLE ROUNDS OF JUDGING BY INDEPENDENT PARTIES INVOLVED IN THE RETAIL INDUSTRY. UPON AWARD, THE SCHOLARSHIP IS FORWARDED TO THE INSTITUTION IN WHICH THE STUDENT IS ENROLLED. IN RARE CASES, WE SEND FUNDS DIRECTLY TO THE STUDENT. THIS IS USUALLY FOR A NON-MEMBER SCHOOL. 0 1 0 0 0 0 0 0 0 MATT R SHAY PRESIDENT AND CEO 0 1583333 0 1125000 0 320654 0 257350 0 150100 0 3436437 0 0 ELLEN DAVIS EXECUTIVE DIRECTOR 0 291667 0 112500 0 10103 0 47656 0 27650 0 489576 0 0 MALLORY DUNCAN GENERAL COUNSEL (RETIRED 8/17) 0 264500 0 80000 0 10491 0 50350 0 25075 0 430416 0 0 CARLEEN C KOHUT EVP AND COO 0 460922 0 200000 0 75234 0 50350 0 43695 0 830201 0 0 PART I, LINE 3 NATIONAL RETAIL FEDERATION, A RELATED ORGANIZATION OF NRF FOUNDATION, USES THE FOLLOWING METHODS TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S PRESIDENT: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - WRITTEN EMPLOYMENT CONTRACT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE NRF'S PRESIDENT AND CEO ESTABLISHES THE COMPENSATION OF THE OTHER OFFICERS OF THE ORGANIZATION. IN SETTING THE COMPENSATION, THE PRESIDENT AND CEO CONSIDERS PERFORMANCE TO GOALS AS WELL AS COMPARABILITY DATA. THESE DECISIONS ARE REVIEWED WITH THE COMPENSATION COMMITTEE ANNUALLY AND THERE IS CONTEMPORANEOUS SUBSTANTIATION OF THE COMPENSATION DECISIONS. PART I, LINE 4B PART I, LINE 4B: MATTHEW R. SHAY, CEO, PARTICIPATED IN A SUPPLEMENTAL NON QUALIFIED RETIREMENT PLAN DURING THE FISCAL YEAR ENDING 02/28/18. MATTHEW R. SHAY, CEO, DID NOT RECEIVE A DISTRIBUTION FROM THE 457(F) PLAN IN THE CURRENT YEAR. PART I, LINE 7 THE NATIONAL RETAIL FEDERATION HAS ESTABLISHED AN INCENTIVE COMPENSATION PACKAGE FOR ITS EXECUTIVE TEAM AND ALL RELATED ENTITIES. THE EXECUTIVE DIRECTOR OF THE NRF FOUNDATION PARTICIPATES IN THIS PROGRAM. AT YEAR END, UPON SUCCESSFUL COMPLETION OF PERFORMANCE GOALS, PARTICIPANTS ARE AWARDED A BONUS. THE 02/28/2018 BONUS PROGRAM WAS REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE OF THE NRF BOARD OF DIRECTORS. X VARIOUS 64 453665 COST/SELLING PRICE 0 0 1 PART I, COLUMN (B): THE AMOUNT IN COLUMN (B) REFERS TO THE NUMBER OF CONTRIBUTORS. PART I, LINE 32B: NRF FOUNDATION CONTRACTED THE SERVICES OF A PROFESSIONAL FUNDRAISER TO PERFORM VARIOUS FUNDRAISING ACTIVITIES TO INCLUDE MARKETING OF THE EVENT, SOLICITING OF CONTRIBUTIONS AS WELL AS COMPLETING REQUIRED FILINGS WITHIN THE STATE THE EVENT WAS HELD. FORM 990, PART VI, SECTION A, LINE 2 THE NATIONAL RETAIL FEDERATION (NRF) MANAGES THE BUSINESS RELATED ACTIVITIES OF THE FOUNDATION. INDIRECT SALARIES AND SERVICES PROVIDED BY THE NATIONAL RETAIL FEDERATION ARE CONTRIBUTED SERVICES AND AS SUCH ARE NOT REFLECTED ON FORM 990- CONSISTENT WITH NRF GUIDELINES. FORM 990, PART VI, SECTION B, LINE 11B NRF'S FINANCE COMMITTEE IS A STANDING COMMITTEE OF THE BOARD OF DIRECTORS AND IS RESPONSIBLE FOR THE FINANCIAL AND ACCOUNTING MATTERS OF THE FEDERATION AND THE FOUNDATION. AS SUCH, THE FINANCE COMMITTEE HAS PRIMARY BOARD RESPONSIBILITY FOR THE REVIEW OF THE FOUNDATION'S OPERATING BUDGET AND AUDITED FINANCIAL STATEMENTS. IN ITS BOARD AUTHORIZED ROLE, THE FINANCE COMMITTEE ALSO REVIEWS THE FORM 990 WITH THE FOUNDATION'S MANAGEMENT. A COMPLETE COPY OF THE 2017 FORM 990 WAS DISTRIBUTED TO THE FINANCE COMMITTEE PRIOR TO ITS FILING. THE FINAL RETURN WAS SIGNED BY THE FOUNDATION'S TAX ADVISOR, DELOITTE, AND THE FOUNDATION'S EVP/COO AND WAS FILED ON A TIMELY BASIS. FORM 990, PART VI, SECTION B, LINE 12C FOUNDATION EMPLOYEES ADHERE TO THE GUIDELINES ESTABLISHED BY THE NATIONAL RETAIL FEDERATION (NRF). NRF PERIODICALLY REVIEWS ITS BUSINESS ETHICS AND EMPLOYEE CONDUCT POLICY WITH STAFF. BOARD MEETINGS OF THE NRF FOUNDATION ARE OPENED WITH EITHER A WRITTEN DISTRIBUTION OF THE NRF ANTITRUST GUIDELINES OR A GENERAL REFERENCE TO THE FACT THAT THE NRF FOUNDATION DOES FOLLOW SUCH GUIDELINES AND THOSE ATTENDING THE MEETING ARE REQUESTED TO ADHERE TO THEM. THE FOUNDATION'S GOVERNING BODY ALSO ATTESTS ANNUALLY TO THE NRF CONFLICT OF INTEREST POLICY ADOPTED BY THE NRF FOUNDATION BOARD. IN THE EVENT A CONFLICT IS DETERMINED, THE BOARD MEMBER WITH THE CONFLICT IS ASKED TO RECUSE HIM OR HERSELF FROM VOTING ON THE MATTER UNDER DISCUSSION. FORM 990, PART VI, SECTION C, LINE 19 THE NRF FOUNDATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G PROGRAM MANAGEMENT AND COMPUTER SERVICES: PROGRAM SERVICE EXPENSES 1,010,783. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,010,783. RESEARCH: PROGRAM SERVICE EXPENSES 488,023. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 488,023. CAMPUS OUTREACH: PROGRAM SERVICE EXPENSES 196,265. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 196,265. NATIONAL RETAIL FEDERATION 1101 NEW YORK AVENUE NW SUITE 1200 WASHINGTON DC 20005 135582627 TRADE ASSOCIATION NY 501(C)(6) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 1 NATIONAL RETAIL FEDERATION P 1627778 COST NATIONAL RETAIL FEDERATION S 202262 COST NATIONAL RETAIL FEDERATION R 98075 COST