2018-11-08T13:33:27-06:00 2018-06-30 420714325 RSM US LLP 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 20878 990 2017-07-01 911956621 TRUTH INITIATIVE FOUNDATION TRUT 2024545555 900 G STREET NW NO 4TH WASHINGTON DC 20001 ANTHONY O'TOOLE EVP/CFIO 2024545555 2018-11-08 1 WILLIAM E TURCO CPA P00369217 3012963600 66.98.98.16 2018-11-08 13:09:09 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 00BFBB601F26E6691F3C42FDB75EEBE807206D5E 2017 2019-02-21 02:37:17Z TRUTH INITIATIVE ROBIN KOVAL 900 G STREET NW NO 4TH WASHINGTON DC 20001 237586985 0 X TRUTHINITIATIVE.ORG X 1999 DE TRUTH INITIATIVE'S MISSION IS TO ACHIEVE A CULTURE WHERE ALL YOUTH AND YOUNG ADULTS REJECT TOBACCO. 11 11 196 242 0 0 3203950 2624532 1995 35732 62053927 64986400 2273661 2522842 67533533 70169506 2853575 4130134 0 0 20889643 21188646 0 0 3835 90079191 91695033 113822409 117013813 -46288876 -46844307 1019042166 992475517 82437386 88537328 936604780 903938189 X TRUTH INITIATIVE'S MISSION IS TO ACHIEVE A CULTURE WHERE ALL YOUTH AND YOUNG ADULTS REJECT TOBACCO. THE PURPOSES FOR WHICH THE FOUNDATION IS FORMED ARE TO SUPPORT (1) THE STUDY OF AND PROGRAMS TO REDUCE YOUTH TOBACCO PRODUCT USAGE AND YOUTH SUBSTANCE (CONTINUED ON SCHEDULE O)ABUSE IN THE STATES AND (2) THE STUDY OF AND EDUCATIONAL PROGRAMS TO PREVENT DISEASES ASSOCIATED WITH THE USE OF TOBACCO PRODUCTS IN THE STATES. 0 0 77489061 348533 YOUTH AND YOUNG ADULT PUBLIC EDUCATION:TRUTH INITIATIVE'S PUBLIC HEALTH EDUCATION CAMPAIGN TRUTH HAS BEEN A LEADING DRIVER IN REDUCING YOUTH AND YOUNG ADULT TOBACCO USE FOR NEARLY TWO DECADES. THE CURRENT ITERATION OF THE CAMPAIGN, WHICH WAS RELAUNCHED IN 2014, HAS BEEN SHOWN TO BE A SUBSTANTIAL FACTOR IN RECENT DECLINES IN YOUTH TOBACCO USE. WE HAVE SHOWN THROUGH MONITORING A LONGITUDINAL COHORT OF OVER 10,000 YOUTH AND YOUNG ADULTS THAT, IN THE LAST FOUR YEARS, TRUTH HAS BEEN INSTRUMENTAL IN OVER 1 MILLION YOUTH AND YOUNG ADULTS MAKING THE DECISION TO NOT TAKE UP CIGARETTE SMOKING. WE CONTINUE AS A STRONG PRESENCE WITH OUR AUDIENCE WITH OVER 75% RECOGNITION OF OUR MESSAGING IN FY2018. IN THE LAST YEAR, IN PARTNERSHIP WITH THE AD COUNCIL AND THE ONDCP AND CONSISTENT WITH THE TERMS OF THE MASTER SETTLEMENT AGREEMENT, WE HAVE EXPANDED TRUTH'S MESSAGING TO TAKE ON THE NATIONAL OPIOID ABUSE EPIDEMIC. OUR MESSAGING FOCUSES ON YOUTH AND YOUNG ADULT PREVENTION AND EDUCATION. 8716010 2977807 RESEARCH POLICY AND PRACTICE:TRUTH INITIATIVE IS A LEADER IN TOBACCO CONTROL RESEARCH AND POLICY WITH A STRONG TEAM OF RESEARCH SCIENTISTS IN OUR SCHROEDER INSTITUTE FOR TOBACCO RESEARCH AND POLICY STUDIES AND A DEDICATED TEAM OF POLICY PROFESSIONALS WHO PARTICIPATE IN THE ONGOING DISCUSSION AROUND THE BEST APPROACHES FOR REDUCING TOBACCO RELATED DEATH AND DISEASE. SCHROEDER INSTITUTE SCIENTISTS PRODUCE PEER-REVIEWED PAPERS ON ISSUES RELATED TO TOBACCO CONTROL, SPEAK AT NATIONAL AND LOCAL CONFERENCES, AND ALONG WITH OUR POLICY TEAM CREATE A SUITE OF RESOURCES AND GUIDANCE ON ISSUES FROM E-CIGARETTES TO TOBACCO INDUSTRY MARKETING TACTICS FOR USE BY TOBACCO CONTROL PROFESSIONALS AT BOTH THE LOCAL AND NATIONAL LEVEL. OUR POLICY TEAM REGULARLY WEIGHS IN ON FEDERAL REGULATORY APPROACHES TO TOBACCO CONTROL VIA FORMAL COMMENTS AND LETTERS TO FDA AND OTHER FEDERAL AGENCIES. 6515518 747544 ENGAGEMENT, ACTIVISM AND PARTNERSHIPS:TRUTH INITIATIVE ACTIVELY RECRUITS AND SUPPORTS YOUTH WHO ARE LOOKING TO HAVE INFLUENCE ON TOBACCO CONTROL ISSUES THROUGH A VARIETY OF DIFFERENT PROGRAMS. THIS INCLUDES TRAINING OF YOUTH LEADERS ON THE HIGH SCHOOL LEVEL, A YOUTH FELLOWSHIP PROGRAM FOR COLLEGE-AGED INDIVIDUALS INTERESTED IN TOBACCO CONTROL AND OUR ON-GOING GRANT PROGRAM TO HELP COLLEGES AND UNIVERSITIES INSTITUTE TOBACCO-FREE CAMPUS POLICIES. WE ALSO WORK WITH OTHER NON-PROFIT ORGANIZATIONS, PARTICULARLY THOSE SERVING POPULATIONS DISPROPORTIONATELY IMPACTED BY TOBACCO, TO ENGAGE THEIR MEMBERSHIP ON ISSUES RELATED TO TOBACCO CONTROL. 3485828 56250 35732 TOBACCO CESSATION INNOVATIONS:TRUTH INITIATIVE'S INNOVATIONS CENTER IS A GROUP OF LEADING SCIENTISTS AND DIGITAL DESIGNERS WORKING TO BUILD SCALABLE AND SUSTAINABLE DIGITAL SOLUTIONS FOR SMOKERS LOOKING TO QUIT. THROUGH OUR PUBLIC PROGRAM BECOMEANEX AND OUR ENTERPRISE PRODUCT THEEXPROGRAM, HUNDREDS OF THOUSANDS OF SMOKERS HAVE JOINED A NETWORK OF STEP-BY-STEP GUIDANCE, COACHING RESOURCES AND COMMUNITY SUPPORT THAT HAS BEEN SHOWN THROUGH RIGOROUS EVALUATION TO BE HIGHLY EFFECTIVE IN HELPING SMOKERS TO QUIT. THE INNOVATIONS GROUP ALSO IS A LEADING CENTER OF RESEARCHING INNOVATIVE APPROACHES TO QUITTING SMOKING AND HAS MADE SUBSTANTIAL CONTRIBUTIONS TO THE ACADEMIC LITERATURE AND REAL-WORLD DEPLOYMENT OF DIGITAL CESSATION TOOLS. 3485828 56250 35732 96206417 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 X 146 0 1 196 1 1 0 1 CJ EG IS KS TW 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AL AR CA FL GA HI IL KS KY MA MD MI MS MN NC NJ NH NM NY OK OR PA RI SC TN UT VA WI WV X X ANTHONY T O'TOOLE EVPCFIO 2024545555 900 G STREET NW NO 4TH WASHINGTON DC 20001 HON MIKE MOORE CHAIR SINCE 05/2017 6.00 X X 0 0 0 HON TOM MILLER CHAIR UNTIL 07/2017 6.00 X X 0 0 0 NANCY BROWN VICE CHAIR SINCE 12/2017 5.00 X X 0 0 0 M CASS WHEELER VICE CHAIR UNTIL 09/17 6.00 X X 0 0 0 HON DOUG PETERSON TREASURER SINCE 05/2017 6.00 X X 0 0 0 MARY T BASSETT MD MPH DIRECTOR 5.00 X 0 0 0 GEORGES C BENJAMIN MD DIRECTOR 5.00 X 0 0 0 HON HERB CONAWAY MD DIRECTOR 5.00 X 0 0 0 HON KEMP HANNON DIRECTOR 5.00 X 0 0 0 HON GARY R HERBERT DIRECTOR 5.00 X 0 0 0 HON GEORGE JEPSEN DIRECTOR 5.00 X 0 0 0 NANCY LUBLIN DIRECTOR 5.00 X 0 0 0 HON GINA RAIMONDO DIRECTOR 5.00 X 0 0 0 ROBIN KOVAL PRESIDENT & CEO 37.50 X 929173 0 149270 ANTHONY T O'TOOLE EVP/CFIO 37.50 X 718415 0 173616 ROBERT FALK GEN. COUNSEL/CORP. SECRETARY 37.50 X 30402 0 1220 ELLEN VARGYAS GEN. COUNSEL/CORP SEC THRU 12/2017 37.50 X 508596 0 49719 M DAVID DOBBINS COO 37.50 X 499243 0 123140 DAVID ABRAMS EXEC DIRECTOR THRU 08/2017 37.50 X 595012 0 53013 ERIC ASCHE CHIEF MKTG & STRATEGY OFFICER 37.50 X 461981 0 102540 DONNA VALLONE CHIEF RESEARCH OFFICER 37.50 X 383615 0 91870 AMANDA GRAHAM SVP, INNOVATIONS 37.50 X 287141 0 59669 WILLIAN FURMANSKI SVP, COMMUNICATIONS THRU 09/2017 37.50 X 275351 0 42366 PATRICIA KENNEY CHIEF COMMUNICATIONS OFFICER 37.50 X 272793 0 70821 ANNA SPRIGGS CHIEF OF HUMAN RESOURCES & ADMIN 37.50 X 266098 0 80102 RAYMOND NIAURA DIRECTOR OF SCIENCE THRU 08/2017 37.50 X 250885 0 43991 AMY TAYLOR SVP, COMMUNITY & YOUTH ENGAGEMENT 37.50 X 248257 0 74741 5726962 0 1116078 50 0 1 0 TARGETCAST LLC (DBA ASSEMBLY) 711 THIRD AVE 2ND FLOOR NEW YORK NY 10017 MARKETING 51728333 MDC CORPORATE (US) INC (DBA 72ANDSUNNY 745 FIFTH AVENUE 19TH FLOOR NEW YORK NY 10151 MARKETING 7246938 BEACONFIRE CONSULTING INC 2300 CLARENDON BLVD SUITE 925 ARLINGTON VA 22201 MARKETING 1298792 DOSOMETHING INC 19 WEST 21ST STREET 8TH FLOOR NEW YORK NY 10010 MARKETING 1200000 GFK US HOLDINGS INC 120 EAGLE ROCK AVENUE STE 200 EAST HANOVER NJ 079363590 MARKETING 998103 34 1885785 738747 2624532 SALE OF EX PLATFORM 900099 35732 35732 35732 17879879 17879879 56526 56526 2417154 0 2417154 2417154 2417154 214524000 167419354 -1875 47104646 1875 47106521 47106521 OTHER INCOME 900099 49162 49162 49162 70169506 35732 0 67509242 X 4128634 4128634 1500 1500 3906888 1955829 1951059 12184921 8957757 3227164 1696509 1209724 486785 2409089 1610236 798853 991239 651782 339457 109104 5315 103789 323751 323751 5138270 5138270 73021764 72711377 310387 917687 277824 639863 884203 713002 171201 2856756 2856756 1457588 1292579 165009 1413779 1371177 42602 1717556 1717556 2214394 713459 1500935 384291 71946 312345 EMPLOYEE MORALE 349253 48392 300861 DIGITAL PROMOTIONS 295571 295571 BLDG ADMIN EXPENSES 257247 257247 INCOME TAX EXPENSE 26271 26271 327548 190313 133400 3835 117013813 96206417 20803561 3835 500 500 129378688 117003711 766550 341642 242766 127506 939618 1612436 42722049 12554711 31330429 30167338 277663411 290664581 577576790 552233431 1143414 324372 1019042166 992475517 10099262 16486816 28799 240643 72309325 71809869 82437386 88537328 X 936604780 903938189 936604780 903938189 1019042166 992475517 X -46844307 12949697 1228019 X 0 1 X 1 1 1 X 1956547 2826741 2638469 3203950 2624532 13250239 1956547 2826741 2638469 3203950 2624532 13250239 13250239 23191820 24069316 17709010 18593421 20353559 103917126 4674 11512 1037 190 49162 66575 117233940 37726 0.11300 0.12840 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2013 AMOUNT: $ 4,674. 2014 AMOUNT: $ 11,512. 2015 AMOUNT: $ 1,037. 2016 AMOUNT: $ 190. 2017 AMOUNT: $ 49,162. 7280000 7280000 22558184 6221642 16336542 4359853 1078700 3281153 2169959 1717244 452715 6354053 3537125 2816928 30167338 COMMINGLED/COMMON TRUST FUNDS 197443482 F HEDGE FUNDS 91753133 F PRIVATE EQUITY FUNDS 141772001 F PRIVATE EQUITY FUND OF FUNDS 121264815 F 552233431 SECURITY DEPOSITS PAYABLE 1025993 INTEREST RATE SWAP 3439270 DEFERRED COMPENSATION 1190982 DEFERRED RENT 4951658 LINE OF CREDIT 60000000 REFUNDABLE ADVANCES 1201966 71809869 X 77980933 12949697 12949697 65031236 5138270 5138270 70169506 110647524 -1228019 -1228019 111875543 5138270 5138270 117013813 PART X, LINE 2: TRUTH INITIATIVE IS GENERALLY EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3). IN ADDITION, TRUTH INITIATIVE HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME WHICH IS NOT RELATED TO ITS EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. THE COMPANY IS A SINGLE-MEMBER, LIMITED LIABILITY COMPANY (LLC) AND, AS SUCH, IS A DISREGARDED ENTITY FOR FEDERAL INCOME TAX PURPOSES, PURSUANT TO SECTION 7701 OF THE IRC. TRUTH INITIATIVE HAD UNRELATED BUSINESS INCOME RELATED TO DEBT FINANCED RENTAL INCOME DURING THE YEARS ENDED JUNE 30, 2018 AND 2017. TRUTH INITIATIVE FOLLOWS THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, TRUTH INITIATIVE MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DERECOGNITION, CLASSIFICATION, INTEREST, PENALTIES ON INCOME TAXES AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT EVALUATED TRUTH INITIATIVE'S TAX POSITIONS AND CONCLUDED THAT TRUTH INITIATIVE HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE GUIDANCE FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. PART XII, LINE 2D - OTHER ADJUSTMENTS: NET GAIN ON INTEREST RATE SWAP AGREEMENT -1,228,019. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 102944 EAST ASIA AND THE PACIFIC 0 0 INVESTMENTS 5333501 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 13409288 MIDDLE EAST AND NORTH AFRICA 0 0 INVESTMENTS 129846 NORTH AMERICA 0 0 INVESTMENTS 1412937 0 0 0 0 0 0 20388516 0 20388516 1 0 0 0 1 0 1 AMERICAN NON-SMOKERS RIGHTS FOUNDATION 2530 SAN PABLO AVENUE STE J BERKELEY CA 94702 942922136 501(C)(3) 157385 STRATEGIC ALLIANCE GRANTS CAMPAIGN FOR TOBACCO FREE KIDS 1400 I STREET NW SUITE 1200 WASHINGTON DC 20005 521969967 501(C)(3) 1000000 STRATEGIC ALLIANCE GRANTS BREATHE CALIFORNIA OF SACRAMENTO-EMIGRANT TRAILS 909 12TH STREET SACRAMENTO CA 95814 941641240 501(C)(3) 104672 STRATEGIC ALLIANCE GRANTS THE NATIONAL CENTER ON ADDICTION AND SUBSTANCE ABUSE AT COLUMBIA UNIVERSITY 633 THIRD AVENUE NEW YORK NY 10017 521736502 501(C)(3) 71224 STRATEGIC ALLIANCE GRANTS NATIONAL ASSOCIATION FOR THE ADVANCEMENT OF COLORED PEOPLE 4805 MT HOPE DRIVE BALTIMORE MD 21215 131084135 501(C)(3) 79424 STRATEGIC ALLIANCE GRANTS GIRL SCOUTS COUNCIL OF THE NATION'S CAPITAL 4301 CONNECTICUT AVE NW SUITE M-2 WASHINGTON DC 20008 540732966 501(C)(3) 52993 STRATEGIC ALLIANCE GRANTS HUMAN RIGHTS CAMPAIGN FOUNDATION 1640 RHODE ISLAND AVE NW WASHINGTON DC 20036 521481896 501(C)(3) 39666 STRATEGIC ALLIANCE GRANTS, TIME TO THRIVE 02/16-18/18 UNIVERSITY OF CALIFORNIA SAN FRANCISCO 919 IRVING ST SUITE 104 UCSF BOX 0939 SAN FRANCISCO CA 941430939 946036493 501(C)(3) 93267 STRATEGIC ALLIANCE GRANTS ALAMANCE COMMUNITY COLLEGE 1247 JIMMIE KERR ROAD GRAHAM NC 27253 566052379 501(C)(3) 7549 COMMUNITY COLLEGE AND HBCU INITIATIVE GRANTS ALLEN UNIVERSITY 1530 HARDEN STREET COLUMBIA SC 29203 570341191 501(C)(3) 7169 COMMUNITY COLLEGE AND HBCU INITIATIVE GRANTS SAN BERNARDINO COMMUNITY COLLEGE DISTRICT 114 SOUTH DEL ROSA DRIVE SAN BERNARDINO CA 92408 956002754 501(C)(3) 7068 COMMUNITY COLLEGE AND HBCU INITIATIVE GRANTS HAMPTON UNIVERSITY 100 EAST QUEEN STREET HAMPTON VA 23668 540505990 501(C)(3) 8197 COMMUNITY COLLEGE AND HBCU INITIATIVE GRANTS NORTH IDAHO COLLEGE 1000 W GARDEN AVENUE COEUR DALENE ID 83814 826000936 501(C)(3) 5620 COMMUNITY COLLEGE AND HBCU INITIATIVE GRANTS NORTH LAKE COLLEGE 4343 IH 30 MESQUITE TX 75150 751213149 501(C)(3) 5995 COMMUNITY COLLEGE AND HBCU INITIATIVE GRANTS ONONDAGA COMMUNITY COLLEGE 4585 WEST SENECA TURNPIKE SYRACUSE NY 13215 160973001 501(C)(3) 6200 COMMUNITY COLLEGE AND HBCU INITIATIVE GRANTS ROXBURY COMM COLLEGE 1234 COLUMBUS AVENUE ROXBURY CROSSING MA 02120 042726857 501(C)(3) 6325 COMMUNITY COLLEGE AND HBCU INITIATIVE GRANTS WEST VIRGINIA STATE UNIVERSITY PO BOX 1000 201 ACEOP ADMIN BLDG INSTITUTE WV 25112 550708567 501(C)(3) 6846 COMMUNITY COLLEGE AND HBCU INITIATIVE GRANTS WESTERN NEBRASKA COMM COLLEGE 1601 EAST 27TH STREET SCOTTSBLUFF NE 69361 476005299 501(C)(3) 5759 COMMUNITY COLLEGE AND HBCU INITIATIVE GRANTS UCSF FOUNDATION 220 MONTGOMERY STREET SAN FRANCISCO CA 94104 942829914 501(C)(3) 2000000 ENDOWMENT SOCIETY FOR HUMAN RESOURCE MANAGEMENT 1800 DUKE STREET ALEXANDIA VA 22314 340948453 501(C)(6) 19500 DELUXE WEBCAST FEB 18 YWCA USA 1020 9TH STREET NW SUITE 750 WASHINGTON DC 20036 131624103 501(C)(3) 15000 SPONSOR - WOMEN OF COLOR LEADERSHIP COHORT 6/7 SOCIETY FOR RESEARCH ON NICOTINE AND TOBACCO INC 2424 AMERICAN LANE MADISON WI 53704 521906424 501(C)(3) 12500 SPONSOR - HEALTH DISPARITIES SCHOLARSHIP WORLDATWORK 14040 N NORTHSIGHT BLVD SCOTTSDALE AZ 85260 316054097 501(C)(3) 11500 SPONSOR - BREAKFAST AND WEB NATIONAL BUSINESS GROUP ON HEALTH INC 80 PINE STREET 29TH FLOOR NEW YORK NY 10005 133156952 501(C)(3) 10000 SPONSOR - 7TH ANNUAL CONF. 6/14 NATIONAL PAN HELLENIC COUNCIL INC 3951 SNAPFINGER PARKWAY SUITE 218 DECATUR GA 30035 521730952 10000 SPONSOR - LEADERSHIP CONFERENCE 10/19-21, 17 STEVIE AWARDS INC 10560 MAIN STREET SUITE 519 FAIRFAX VA 22030 470859771 9700 STEVIE AWARD TABLE 6/11 LOCKTON BENEFITS CONFERENCE 444 W 47TH STREET SUITE 900 KANSAS CITY MO 64112 760700999 6750 SPONSOR - LOCKTON BENEFITS CONF. 2018 BROWN UNIVERSITY 1 PROSPECT STREET PROVIDENCE RI 02912 050258809 501(C)(3) 75984 FEDERAL SUBAWARDS THE GEORGE WASHINGTON UNIVERSITY 2121 I STREET NW SUITE 601 WASHINGTON DC 20052 530196584 501(C)(3) 58607 FEDERAL SUBAWARDS UNIVERSITY OF SOUTH CAROLINA 1600 HAMPTON STREET SUITE 414 COLUMBIA SC 29208 576001153 501(C)(3) 7340 FEDERAL SUBAWARDS UNIVERSITY OF IOWA 2 GILMORE HALL IOWA CITY IA 52242 426004813 501(C)(3) 40907 FEDERAL SUBAWARDS BATTELLE MEMORIAL INSTITUTE 505 KING AVENUE COLUMBUS OH 43201 314379427 501(C)(3) 21795 FEDERAL SUBAWARDS 28 4 PART I, LINE 2: EACH GRANT CONTRACT IS EXECUTED BY THE GRANTS DEPARTMENT AND MONITORED BY A TRUTH INITIATIVE ASSIGNED PROGRAM OFFICER (PO) UNTIL CLOSED. MONITORING CONSISTS OF PERIODIC COMMUNICATION BETWEEN THE PO AND THE GRANTEE, AS WELL AS TECHNICAL ASSISTANCE AND SITE VISITS AS NEEDED. PO'S ARE ALSO RESPONSIBLE FOR ENSURING THAT THE REPORTING OF GRANT EXPENDITURES AND DELIVERABLES MEET COMPLIANCE STANDARDS SET BY TRUTH INITIATIVE. EACH GRANT CONTRACT HAS A SCHEDULE OF REPORTING REQUIREMENTS. GRANTEES ARE REQUIRED TO SUBMIT EXPENSE REPORTS WHICH ARE REVIEWED BY THE PO FOR CONSISTENCY WITH THE APPROVED BUDGET AND/OR CERTIFY GRANT EXPENDITURES IN ACCORDANCE WITH THE APPROVED BUDGET. THE NARRATIVE REPORTING REQUIREMENTS ON THE DELIVERABLE ACTIVITIES VARIES ACCORDING TO THE GRANTEE AND FUNDING INITIATIVE. MINIMALLY, ALL GRANTEES ARE REQUIRED TO SUBMIT A FINAL REPORT ON PROGRAM ACTIVITIES. FEDERAL SUBAWARD GRANTS ARE EXECUTED AND MONITORED BY TRUTH INITIATIVE'S SPONSORED GRANTS DEPARTMENT IN ACCORDANCE WITH THE REQUIREMENTS CONTAINED WITHIN THE UNIFORM GUIDANCE TITLE 2 PART 200 OF THE CODE OF FEDERAL REGULATIONS (2 CFR 200). TRUTH INITIATIVE STAFF PERFORM A RISK ASSESSMENT OF EACH SUBRECIPIENT EVALUATING INTERNAL CONTROLS, ORGANIZATION HISTORY AND STRUCTURE, LATEST FINANCIAL STATEMENTS AND GOVERNMENT AUDITS PRIOR TO ANY GRANT AWARD. INVOICES SUBMITTED FOR PAYMENT ARE EVALUATED FOR COST ALLOWABILITY AND PROGRAMMATIC PROGRESS BY BOTH SPONSORED GRANTS STAFF AND THE PRINCIPAL INVESTIGATOR. SUBRECIPIENTS ALSO SUBMIT PROGRAM PROGRESS REPORTS, THE DETAILS OF WHICH ARE INCLUDED IN TRUTH INITIATIVE'S REPORTING TO PRIME NIH SPONSORS. X X 1 1 X X X X X 1 1 1 0 0 0 0 1 0 ROBIN KOVAL PRESIDENT & CEO 580346 0 52070 0 296757 0 130500 0 24031 0 1083704 0 213333 0 ANTHONY T O'TOOLE EVP/CFIO 408606 0 60922 0 248887 0 120500 0 61438 0 900353 0 210000 0 ELLEN VARGYAS GEN. COUNSEL/CORP SEC THRU 12/2017 310785 0 43890 0 153921 0 40500 0 24378 0 573474 0 115000 0 M DAVID DOBBINS COO 324729 0 48180 0 126334 0 95500 0 38371 0 633114 0 115000 0 DAVID ABRAMS EXEC DIRECTOR THRU 08/2017 238610 0 0 0 356402 0 40500 0 15518 0 651030 0 201500 0 ERIC ASCHE CHIEF MKTG & STRATEGY OFFICER 309212 0 60511 0 92258 0 77500 0 32592 0 572073 0 85000 0 DONNA VALLONE CHIEF RESEARCH OFFICER 291228 0 14167 0 78220 0 70500 0 34835 0 488950 0 50000 0 AMANDA GRAHAM SVP, INNOVATIONS 253409 0 31875 0 1857 0 50750 0 15741 0 353632 0 0 0 WILLIAN FURMANSKI SVP, COMMUNICATIONS THRU 09/2017 189011 0 0 0 86340 0 34147 0 9628 0 319126 0 0 0 PATRICIA KENNEY CHIEF COMMUNICATIONS OFFICER 243367 0 26081 0 3345 0 45782 0 31002 0 349577 0 0 0 ANNA SPRIGGS CHIEF OF HUMAN RESOURCES & ADMIN 235754 0 28963 0 1381 0 52762 0 35500 0 354360 0 0 0 RAYMOND NIAURA DIRECTOR OF SCIENCE THRU 08/2017 212020 0 0 0 38865 0 37133 0 9612 0 297630 0 0 0 AMY TAYLOR SVP, COMMUNITY & YOUTH ENGAGEMENT 219110 0 27500 0 1647 0 49701 0 32406 0 330364 0 0 0 PART I, LINE 1A THE ORGANIZATION PAID EXECUTIVE DISABILITY INSURANCE, INCLUDING GROSS UP, TO ROBIN KOVAL IN THE AMOUNT OF $10,750 AND THESE WERE TREATED AS TAXABLE INCOME. THE ORGANIZATION PAID LEGAL FEES, INCLUDING GROSS UP, TO ROBIN KOVAL IN THE AMOUNT OF $24,881 AND THESE WERE TREATED AS TAXABLE INCOME. THE ORGANIZATION PAID TRAVEL REIMBURSEMENT, INCLUDING GROSS UP, TO DONNA VALLONE IN THE AMOUNT OF $2,225 AND THESE WERE TREATED AS TAXABLE INCOME. THE ORGANIZATION HAS A HEALTH CLUB/CLASS BENEFIT WHICH IS OFFERED TO ALL EMPLOYEES. THIS BENEFIT IS TREATED AS TAXABLE INCOME TO THE RECIPIENT. EIGHT OF THE EMPLOYEES LISTED IN SCHEDULE J RECEIVED THIS BENEFIT. PART I, LINES 4A-C PART II, COLUMN B III: WILLIAN FURMANSKI RECEIVED A SEVERANCE PAYMENT IN THE AMOUN TO OF $44,866. PART II, COLUMN B III: OTHER REPORTABLE COMPENSATION: FOLLOWING A 3 YEAR VESTING PERIOD, ON JANUARY 1, 2017, ROBIN KOVAL RECEIVED A 457 (F) PLAN PAY-OUT OF $225,857.53. PART II, COLUMN B III: OTHER REPORTABLE COMPENSATION: FOLLOWING A 3 YEAR VESTING PERIOD, ON JANUARY 1, 2017, ANTHONY O'TOOLE RECEIVED A 457 (F) PLAN PAY-OUT OF $223,037.36. PART II, COLUMN B III: OTHER REPORTABLE COMPENSATION: FOLLOWING A 3 YEAR VESTING PERIOD, ON JANUARY 1, 2017, ELLEN VARGYAS RECEIVED A 457 (F) PLAN PAY-OUT OF $122,312.07. PART II, COLUMN B III: OTHER REPORTABLE COMPENSATION FOR DAVID ABRAMS CONSISTS PARTLY OF A 457 (B) PLAN PAY-OUT OF $234,258.30. ALSO, FOLLOWING A 3 YEAR VESTING PERIOD, ON JANUARY 1, 2017, DAVID ABRAMS RECEIVED A 457 (F) PLAN PAY-OUT OF $69,113.51. PART II, COLUMN B III: OTHER REPORTABLE COMPENSATION: FOLLOWING A 3 YEAR VESTING PERIOD, ON JANUARY 1, 2017, DONNA VALLONE RECEIVED A 457 (F) PLAN PAY-OUT OF $52,591.65. PART II, COLUMN B III: OTHER REPORTABLE COMPENSATION FOR DAVID DOBBINS CONSISTS PARTLY OF A 457 (F) PLAN PAY-OUT OF $122,312.07 FOLLOWING A 3 YEAR VESTING PERIOD, WHICH ENDED ON JANUARY 1, 2017. PART II, COLUMN B III: OTHER REPORTABLE COMPENSATION FOR ERIC ASCHE CONSISTS PARTLY OF A 457 (F) PLAN PAY-OUT OF $90,093.38 FOLLOWING A 3 YEAR VESTING PERIOD, WHICH ENDED ON JANUARY 1, 2017. PART I, LINE 7 ALL BONUS AMOUNTS REPORTED ON SCHEDULE J, PAGE 2, PART II, ARE PERFORMANCE BASED. FORM 990, PART V, LINE 3B TRUTH INITIATIVE FOUNDATION IS AWAITING ADDITIONAL INFORMATION IN ORDER TOTIMELY FILE A COMPLETE AND ACCURATE FORM 990-T BY THE EXTENDED DEADLINE OF MAY 15, 2019. THE AMOUNT SHOWN AS NET UNRELATED BUSINESS TAXABLE INCOME ON LINE 7B OF PAGE 1 OF THE FORM 990 IS AN ESTIMATE BASED ON AVAILABLE INFORMATION. FORM 990, PART VI, SECTION A, LINE 7A THE NATIONAL GOVERNORS ASSOCIATION, NATIONAL ASSOCIATION OF ATTORNEYS GENERAL, AND NATIONAL COUNCIL OF STATE LEGISLATURES EACH HAVE THE AUTHORITY TO APPOINT TWO CLASS A DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B PURSUANT TO BOARD RESOLUTION, THE BOARD OBSERVES THE FOLLOWING PROCEDURES IN THE FOLLOWING ORDER: FIRST, THE AUDIT COMMITTEE REVIEWS AND APPROVES THE DRAFT FORM 990; SECOND, THE APPROVED FORM 990 IS ELECTRONICALLY ROUTED TO ALL BOARD MEMBERS; THIRD, THE FORM IS FILED WITH THE IRS AND POSTED TO THE FOUNDATION'S WEB SITE. FORM 990, PART VI, SECTION B, LINE 12C TRUTH INITIATIVE REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY BY: REQUIRING ANNUAL REVIEW OF POLICY AND WRITTEN DISCLOSURES BY ALL DIRECTORS, SENIOR STAFF AND RESEARCH INVESTIGATORS WHICH ARE COLLECTED AND REVIEWED BY THE GENERAL COUNSEL; REQUIRING UPDATED FILINGS AS NECESSARY BY DIRECTORS AND COVERED STAFF; REQUIRING CONTEMPORANEOUS DISCLOSURES OF ALL CONFLICTS AND POTENTIAL CONFLICTS NOT DISCLOSED IN THE ANNUAL FILINGS, BY ALL DIRECTORS AND STAFF; REQUIRING ALL RESEARCH INVESTIGATORS WHO PARTICIPATE IN NIH-FUNDED RESEARCH TO COMPLY WITH NIH'S FINANCIAL CONFLICT OF INTEREST (FCOI) REGULATION AND TO ANNUALLY COMPLETE THE NIH TUTORIAL ON CONFLICTS OF INTEREST; AND PLACING ADMINISTRATIVE RESPONSIBILITY FOR TRAINING AND COMPLIANCE WITH THE GENERAL COUNSEL. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING THE COMPENSATION OF THE CEO AND TOP MANAGEMENT INCLUDES REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARATIVE DATA AND CONTEMPORANEOUS SUBSTANTIATION. THE BOARD REGULARLY RETAINS AN INDEPENDENT CONSULTING FIRM TO EVALUATE THE COMPENSATION OF THE CEO AND TOP MANAGEMENT AGAINST THE COMPETITIVE MARKET, INCLUDING COMPARABLE POSITIONS AMONG SIMILARLY SITUATED ORGANIZATIONS AS WELL AS BROADER, RELEVANT MARKET SURVEYS. BASED ON THAT ANALYSIS AND PERFORMANCE ASSESSMENTS AND THE REVIEW AND RECOMMENDATION OF THE BOARD'S EXECUTIVE COMMITTEE, THE FULL BOARD SETS THE CEO'S COMPENSATION, APPROVES OR AMENDS THE CEO'S RECOMMENDATION FOR THE COMPENSATION OF THE CFIO, AND REVIEWS OR AMENDS THE CEO'S RECOMMENDATION FOR THE COMPENSATION OF THE, COO, GC, CHIEF MARKETING OFFICER, AND CHIEF RESEARCH OFFICER. THE CEO MAKES COMPENSATION DECISIONS FOR OTHER SENIOR LEVEL EMPLOYEES, UPON RECOMMENDATION OF THE COO. FORM 990, PART VI, SECTION C, LINE 19 TRUTH INITIATIVE'S FINANCIAL STATEMENTS ARE AVAILABLE ON ITS CORPORATE WEBSITE, WWW.TRUTHINITIATIVE.ORG. ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G TEMPORARY SERVICES: PROGRAM SERVICE EXPENSES 34,142. MANAGEMENT AND GENERAL EXPENSES 7,345. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41,487. CONSULTING: PROGRAM SERVICE EXPENSES 232,710. MANAGEMENT AND GENERAL EXPENSES 134,771. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 367,481. CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 72,434,387. MANAGEMENT AND GENERAL EXPENSES 138,271. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 72,572,658. HONORARIUM: PROGRAM SERVICE EXPENSES 3,950. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,950. MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 30,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,000. NRT - CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 6,188. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,188. FORM 990, PART XI, LINE 9: UNREALIZED GAIN (LOSS) ON SWAPS 1,228,019. 2017 FORM 990, SCHEDULE A - PART IV FACTS AND CIRCUMSTANCES ANALYSIS TRUTH INITIATIVE FOUNDATION D/B/A TRUTH INITIATIVE (TRUTH INITIATIVE) QUALIFIES AS A PUBLICLY SUPPORTED ORGANIZATION UNDER ALL OF THE FACTS AND CIRCUMSTANCES BECAUSE (A) IT NORMALLY RECEIVES A SUBSTANTIAL PART OF ITS SUPPORT FROM GOVERNMENT UNITS, FROM DIRECT OR INDIRECT CONTRIBUTIONS FROM THE GENERAL PUBLIC, OR FROM A COMBINATION OF THESE SOURCES, UNDER THE STANDARDS SET FORTH IN REG. 1.170A-9(F)(3)(I) AND (II); AND (B) IT IS IN THE NATURE OF A PUBLICLY SUPPORTED ORGANIZATION TAKING INTO ACCOUNT THE FACTORS SET FORTH IN REG. 1.170-A-9(F)(3)(III) THROUGH (VII). A. TEN PERCENT SUPPORT LIMITATION. TRUTH INITIATIVE NORMALLY RECEIVES AT LEAST 10 PERCENT OF ITS TOTAL SUPPORT FROM PUBLIC SOURCES. AS SET FORTH IN SCHEDULE A, PART II, THE ORGANIZATION'S PUBLIC SUPPORT FOR TAXABLE YEARS 2013 - 2017 WAS 11.30%. ATTRACTION OF PUBLIC SUPPORT. TRUTH INITIATIVE MAINTAINS A CONTINUOUS AND BONA FIDE PROGRAM DESIGNED TO ATTRACT PUBLIC SUPPORT. THE TOTAL AMOUNT OF PUBLIC SUPPORT RAISED BY THE ORGANIZATION IN TAXABLE YEARS 2013-2017 AS A RESULT OF THESE EFFORTS WAS $13.2 MILLION. EXAMPLES OF EFFORTS TO ATTRACT PUBLIC SUPPORT DURING THE FIVE-YEAR TESTING PERIOD INCLUDE THE FOLLOWING: FEDERAL GOVERNMENT GRANTS AND CONTRACTS. TRUTH INITIATIVE MAINTAINS A BONA FIDE, CONTINUOUS AND SUCCESSFUL PROGRAM TO ATTRACT NEW AND ADDITIONAL FEDERAL GOVERNMENTAL SUPPORT. AS PART OF THIS PROGRAM, THE ORGANIZATION HAS DEDICATED STAFF IN BOTH ITS SCHROEDER RESEARCH INSTITUTE AND FINANCE DEPARTMENT TO ASSIST WITH APPLICATIONS FOR FEDERAL SUPPORT AND TO MANAGE GRANTS AND CONTRACTS THAT ARE AWARDED. FROM TAX YEAR 2013 THROUGH 2017, TRUTH INITIATIVE SUBMITTED 75 APPLICATIONS FOR FEDERAL GRANTS AND CONTRACTS. IN 2017 ALONE, WE SUBMITTED 13 APPLICATIONS FOR NATIONAL INSTITUTES OF HEALTH FUNDED GRANTS TO SUPPORT OUR RESEARCH AND RELATED ACTIVITIES. ALL OF THESE APPLICATIONS WERE CONSISTENT WITH TRUTH INITIATIVE'S CHARITABLE PURPOSE OF MITIGATING THE TOLL OF DEATH AND DISEASE CAUSED BY THE TOBACCO EPIDEMIC. OVER THE FIVE YEAR PERIOD, TRUTH INITIATIVE WAS AWARDED 27 FEDERAL GRANTS AND CONTRACTS FOR A TOTAL AMOUNT AWARDED OF $23,754,670. OTHER GRANTS. DURING THE FIVE-YEAR TESTING PERIOD, TRUTH INITIATIVE ALSO SUBMITTED FUNDING PROPOSALS TO A NUMBER OF OTHER ENTITIES. THE ORGANIZATION RECEIVED 13 AWARDS FOR A TOTAL AMOUNT AWARDED OF $2,777,762. IN THE CURRENT TAXABLE YEAR THIS INCLUDED SUPPORT FROM, FOR EXAMPLE, GEORGE WASHINGTON UNIVERSITY, TRINITY HEALTH, AND CVS HEALTH FOUNDATION. B. PERCENTAGE OF FINANCIAL SUPPORT. TRUTH INITIATIVE WAS ESTABLISHED IN 1999 PURSUANT TO THE TERMS OF THE MASTER SETTLEMENT AGREEMENT NEGOTIATED BY THE ATTORNEYS GENERAL OF 46 STATES, THE DISTRICT OF COLUMBIA AND FIVE U.S. TERRITORIES IN SETTLEMENT OF CIVIL ACTIONS FILED AGAINST THE MAJOR U.S. TOBACCO COMPANIES FOR DAMAGES DUE TO THE HARMFUL EFFECTS OF TOBACCO. THE STATES REQUESTED THAT A PORTION OF THE FUNDS THEY RECEIVED FROM THE TOBACCO INDUSTRY BE USED TO ESTABLISH AND FUND AN ORGANIZATION PRIMARILY DEDICATED TO STUDYING AND PROVIDING PUBLIC EDUCATION ABOUT THE IMPACT OF TOBACCO IN ORDER TO REDUCE ITS USE AND ASSOCIATED DEATH AND DISEASE. THE ORGANIZATION ALSO RECEIVED FUNDING FROM A SIMILAR SETTLEMENT AGREEMENT ENTERED INTO BETWEEN THE STATES AND THE SMOKELESS TOBACCO COMPANIES. EARLY ON TRUTH INITIATIVE'S BOARD OF DIRECTORS VOTED TO ALLOCATE A SIGNIFICANT PORTION OF THE SETTLEMENT FUNDS RECEIVED FROM 1999 2003 FOR LONG-TERM INVESTMENTS (RESERVE FUND), WHICH OPERATES LIKE A QUASI-ENDOWMENT TO SUPPORT FUTURE CHARITABLE AND EDUCATIONAL ACTIVITIES IN THE YEARS AFTER THE SETTLEMENT PAYMENTS WOULD CEASE. THE ORGANIZATION'S LONG-TERM INVESTMENTS (RESERVE FUND) AT JUNE 30, 2018 WAS $832.8 MILLION. UNDER THE TERMS OF THE SETTLEMENT AGREEMENTS, THE LAST OF THE NORMALLY SCHEDULED PAYMENTS WERE RECEIVED DURING ITS 2007 TAXABLE YEAR (ENDING JUNE 30, 2008). SINCE THAT TIME, BECAUSE OF THE CESSATION OF THE SETTLEMENT PAYMENTS, TRUTH INITIATIVE HAS RECEIVED AN INCREASINGLY HIGH PERCENTAGE OF ITS TOTAL SUPPORT FROM INVESTMENT INCOME ON ITS LONG-TERM INVESTMENTS (RESERVE FUND) AND ITS PUBLIC SUPPORT PERCENTAGE HAS DECLINED SUBSTANTIALLY SO THAT BEGINNING WITH THE 2012 TAXABLE YEAR THE ORGANIZATION FOR THE FIRST TIME NO LONGER QUALIFIED UNDER THE 33 1/3 PERCENT OF SUPPORT TEST DURING THE FIVE-YEAR TESTING PERIOD. HOWEVER, WERE IT NOT FOR THE LARGE AMOUNT OF GROSS INVESTMENT INCOME GENERATED BY THE RESERVE FUND, THE ORGANIZATION'S PUBLIC SUPPORT OF $13.2 MILLION WOULD EASILY ALLOW IT TO QUALIFY AS A PUBLICLY SUPPORTED ORGANIZATION. AS SET FORTH IN REG. 1.170A-9(F)(3)(III), THE FACT THAT TRUTH INITIATIVE'S PUBLIC SUPPORT PERCENTAGE IS LOW BECAUSE A HIGH PERCENTAGE OF ITS TOTAL SUPPORT COMES FROM INVESTMENT INCOME ON ITS LONG-TERM INVESTMENTS (RESERVE FUND) IS EVIDENCE OF ORGANIZATIONAL COMPLIANCE WITH THE FACTS AND CIRCUMSTANCES TEST. REPRESENTATIVE GOVERNING BODY. TRUTH INITIATIVE HAS A GOVERNING BODY WHICH REPRESENTS THE BROAD INTERESTS OF THE PUBLIC, OTHER THAN THE PERSONAL OR PRIVATE INTERESTS OF A LIMITED NUMBER OF DONORS. UNDER THE ORGANIZATION'S BYLAWS, THE ELEVEN-PERSON BOARD OF DIRECTORS CONSISTS OF TWO DIRECTORS APPOINTED BY EACH OF THE NATIONAL ASSOCIATION OF ATTORNEYS GENERAL, THE NATIONAL GOVERNORS ASSOCIATION, AND THE NATIONAL CONFERENCE OF STATE LEGISLATURES FROM AMONG THEIR MEMBERS. AS OF THE END OF THE REPORTING YEAR, THESE DIRECTORS (CLASS A DIRECTORS) INCLUDED THE GOVERNORS OF UTAH AND RHODE ISLAND, THE ATTORNEYS GENERAL OF CONNECTICUT AND NEBRASKA, A STATE SENATOR FROM NEW YORK AND A STATE ASSEMBLYMAN FROM NEW JERSEY. THE ATTORNEY GENERAL OF IOWA SERVED AS IMMEDIATE PAST CHAIR. THE CLASS A DIRECTORS ELECT BY MAJORITY VOTE THE REMAINING FIVE DIRECTORS, THE CLASS B DIRECTORS. THE BYLAWS PROVIDE THAT ONE OF THE CLASS B DIRECTORS SHALL HAVE EXPERTISE IN PUBLIC HEALTH ISSUES AND FOUR DIRECTORS SHALL HAVE EXPERTISE IN MEDICAL, CHILD PSYCHOLOGY, OR PUBLIC HEALTH DISCIPLINES. AS OF THE END OF THE REPORTING YEAR, CLASS B DIRECTORS INCLUDED THE EXECUTIVE DIRECTOR OF THE AMERICAN PUBLIC HEALTH ASSOCIATION, THE CHIEF EXECUTIVE OFFICER OF THE AMERICAN HEART ASSOCIATION, A FORMER STATE ATTORNEY GENERAL WHO HAS BEEN A NATIONAL LEADER ON TOBACCO ISSUES, A COMMISSIONER OF NYC DEPARTMENT OF HEALTH & MENTAL HYGIENE, AND THE CHIEF EXECUTIVE OFFICER AND FOUNDER OF CRISIS TEXT LINE OF NY. RECENT FORMER CLASS B DIRECTORS INCLUDE THE PRESIDENT OF THE SOUTHERN CALIFORNIA REGION, KAISER FOUNDATION HEALTH PLAN AND HOSPITALS, THE THEN-ASSOCIATE DEAN FOR PUBLIC HEALTH PRACTICE AT THE HARVARD SCHOOL OF PUBLIC HEALTH, A FORMER PRESIDENT OF THE AMERICAN MEDICAL ASSOCIATION, AN IMMEDIATE PAST PRESIDENT OF THE AMERICAN CANCER SOCIETY, A DISTINGUISHED PROFESSOR OF HEALTH AND HEALTH CARE AT THE DEPARTMENT OF MEDICINE OF THE UNIVERSITY OF CALIFORNIA, SAN FRANCISCO AND THE CHIEF EXECUTIVE OFFICER EMERITUS OF THE AMERICAN HEART ASSOCIATION. THERE ARE ALSO TWO YOUTH LIAISONS TO THE BOARD OF DIRECTORS WHO MAY CAST NON-BINDING ADVISORY VOTES. 2017 FORM 990, SCHEDULE A - PART IV FACTS AND CIRCUMSTANCES ANALYSIS (CONT) AVAILABILITY OF PUBLIC FACILITIES AND SERVICES; PUBLIC PARTICIPATION IN PROGRAMS. TRUTH INITIATIVE PROVIDES FACILITIES AND SERVICES DIRECTLY FOR THE BENEFIT OF THE GENERAL PUBLIC ON A CONTINUING BASIS. THE ORGANIZATION'S TRUTH CAMPAIGN, BEGUN IN 2000, IS THE LARGEST NATIONAL YOUTH SMOKING PREVENTION CAMPAIGN EVER UNDERTAKEN IN THIS COUNTRY; ITS AWARD-WINNING ADVERTISEMENTS, GRASS ROOTS TOURS AND APPEARANCES, SOCIAL MEDIA AND OTHER ON-LINE MEDIA COMMUNICATIONS HAVE PROVIDED THE FACTS TO MILLIONS OF TEENS ABOUT TOBACCO USE AND INDUSTRY MARKETING TACTICS AND HAS BEEN CREDITED WITH A SIGNIFICANT DECLINE IN YOUTH SMOKING RATES. IN THE SUMMER OF 2014, TRUTH INITIATIVE LAUNCHED A REDESIGNED AND UPDATED VERSION OF THE TRUTH CAMPAIGN ACROSS MULTIPLE, NATIONAL MEDIA PLATFORMS INCLUDING TELEVISION, SOCIAL MEDIA, ON-LINE AS WELL AS A GRASS ROOTS COMPONENT. THE ORGANIZATION COMMITTED TO SUPPORTING THE CAMPAIGN WITH A SUBSTANTIAL INVESTMENT OF $200 MILLION OVER THREE YEARS THROUGH ITS 2016 TAX YEAR AND HAS RENEWED A SUBSTANTIAL FUNDING COMMITMENT FOR THE CAMPAIGN FOR TAX YEARS BEYOND THAT INCLUDING TAX YEARS 2017 AND 2018. THE CAMPAIGN IS REACHING MILLIONS OF YOUTH AND AFFECTING THEIR ATTITUDES ABOUT TOBACCO AND THEIR INTENTIONS TO SMOKE. IN 2008, TRUTH INITIATIVE AND A COALITION OF PUBLIC HEALTH GROUPS AND STATE PUBLIC HEALTH DEPARTMENTS BEGAN BECOME AN EX, AN INNOVATIVE SMOKING CESSATION CAMPAIGN AND WEBSITE FOR ADULT SMOKERS WHO ARE READY TO QUIT BUT NEED HELP. THE WEBSITE INCLUDES A COMMUNITY WHERE, AT NO CHARGE, SMOKERS CAN PROVIDE AND RECEIVE SUPPORT AS WELL AS A COMPANION TEXT MESSAGING PROGRAM TO OFFER TAILORED CESSATION RESOURCES. THE SITE PROTOCOL WAS DEVELOPED IN CONJUNCTION WITH THE MAYO CLINIC AND MAYO CLINIC STAFF PROVIDE CLINICAL SUPPORT IN THE FORM OF ONLINE INTERACTION WITH THE COMMUNITY. WE CONTINUE TO SUPPORT THE BECOMEANEX.ORG WEB SITE AND THE EX COMMUNITY THROUGH EARNED MEDIA AND PAID ONLINE ADVERTISING. BEGINNING IN 2016, WE HAVE BEGUN AN EFFORT TO PROVIDE EX AS A SMOKING CESSATION SOLUTION FOR EMPLOYERS, HEALTH PLANS AND OTHER PAYORS. THIS HAS INCLUDED A SUBSTANTIAL OVERHAUL OF THE TECHNICAL CAPABILITIES OF THE SITE, WHICH IS STILL PROVIDED FREE OF CHARGE TO THE GENERAL PUBLIC. OUR HOPE IS THIS WILL PROVIDE A STREAM OF MISSION RELATED REVENUE TO SUPPORT AND SUSTAIN EX AND OTHER TRUTH INITIATIVE PROGRAMMING. DURING THIS YEAR, FEE REVENUE FROM THIS SERVICE HAS BEEN MINIMAL $35,732. IN TAX YEAR 2014, AND CONTINUING THROUGH TAX YEAR 2017, TRUTH INITIATIVE INITIATED A PROGRAM IN WHICH IT PROVIDES GRANTS AND TECHNICAL ASSISTANCE TO COMMUNITY COLLEGES AND HISTORICALLY BLACK COLLEGES AND UNIVERSITIES (HBCU'S) TO SUPPORT THE ESTABLISHMENT OF TOBACCO-FREE POLICIES AT THESE INSTITUTIONS WHICH SERVE LARGE NUMBERS OF YOUNG ADULTS FROM LOW-INCOME AND MINORITY COMMUNITIES. IN FOUR YEARS OF THIS PROGRAM, THROUGH TAX YEAR 2017, TRUTH INITIATIVE HAS AWARDED MORE THAN $1 MILLION IN GRANTS TO COMMUNITY COLLEGES AND HBCU'S. TRUTH INITIATIVE'S YOUTH ACTIVISM PROGRAMS ALSO REACH OUT TO TEENS AND YOUNG ADULTS TO EDUCATE THEM ABOUT THE DANGERS OF TOBACCO AND HELP THEM BECOME CHANGE AGENTS IN THEIR COMMUNITIES. DURING TAX YEARS 2016 AND 2017, THIS PROGRAM WAS SUPPORTED BY $1.5 MILLION IN GRANT FUNDING PROVIDED BY THE CVS FOUNDATION. IN TAX YEAR 2017, WE DIRECTLY REACHED OVER 500,000 TEENS AND YOUNG ADULTS AND, THROUGH OUR NATIONAL SUMMIT ON YOUTH ACTIVISM AND FELLOWSHIP PROGRAMS, PROVIDED TECHNICAL ASSISTANCE TO OVER 100 YOUTH LEADERS IN CONNECTION WITH PLANNING AND EXECUTING COMMUNITY BASED PROJECTS TO HIGHLIGHT THE TOLL OF TOBACCO AND RECRUIT THEIR PEERS. TRUTH INITIATIVE ALSO SUPPORTS AND CONDUCTS RESEARCH ON THE CAUSES OF TOBACCO ADDICTION AND METHODS FOR CONTROLLING TOBACCO USE, INCLUDING BY YOUNG PEOPLE, AND IT REGULARLY PUBLISHES SCHOLARLY STUDIES WHICH MAKE THE RESULTS OF THIS RESEARCH AVAILABLE THROUGHOUT THE PUBLIC HEALTH AND BROADER SCIENTIFIC COMMUNITIES. THIRTY-FIVE ARTICLES WERE PUBLISHED IN BETWEEN JULY 2017 JUNE 2018. THESE PUBLICATIONS AND JOURNALS HAVE INCLUDED ANNALS OF BEHAVIORAL MEDICINE, NICOTINE AND TOBACCO RESEARCH, TOBACCO CONTROL, THE JOURNAL OF SUBSTANCE ABUSE TREATMENT, ADDICTIVE BEHAVIOR, JMIR RESEARCH PROTOCOL, BMC PUBLIC HEALTH, ADDICTION, TOBACCO REGULATORY SCIENCE, AND THE INTERNATIONAL JOURNAL OF ENVIRONMENTAL RESEARCH AND PUBLIC HEALTH. M STREET HOLDINGS LLC 2030 M STREET NW WASHINGTON DC 20036 911956621 PROPERTY RENTAL/MGMT. DE 0 0 TRUTH INITIATIVE FOUNDATION