2018-03-01T15:54:13-06:00 2017-06-30 560747981 DIXON HUGHES GOODMAN LLP 1003 RED BANKS ROAD GREENVILLE NC 27858 990 2016-07-01 800025367 JAMES B HUNT JR INSTITUTE FOR EDUCATIONAL LEADERSHIP & POLICY FOUNDATI JAME 9199624296 1000 PARK FORTY PLAZA NO 280 DURHAM NC 27713 SAM HOUSTON TREASURER 9199624296 2018-02-22 1 W GORDON DOUGLAS P00238579 2523210505 2018-02-28 204.15.98.225 2018-02-22 10:19:43 ES P F1900B34A67D2FE29D2E51C179D17D553618A658 87FA5BDF82B6F8051C875B216AE09C6E19893A5B 2016 2021-01-29 14:40:06Z 1000 PARK FORTY PLAZA NO 280 DURHAM NC 27713 1387131 0 X WWW.HUNT-INSTITUTE.ORG X 2001 NC TO SECURE AMERICA'S FUTURE THROUGH QUALITY EDUCATION. 22 22 11 22 0 0 2667887 1351828 0 0 23530 34943 -50000 360 2641417 1387131 0 0 0 0 0 1607530 0 0 0 3346635 1096968 3346635 2704498 -705218 -1317367 5419541 3597515 636591 131932 4782950 3465583 TO SECURE AMERICA'S FUTURE THROUGH QUALITY EDUCATION. 0 0 2125606 SEE ATTACHMENT FOR COMPREHENSIVE SUMMARY OF 2016 PROGRAM SERVICE ACCOMPLISHMENTS 2125606 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 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 0 0 0 0 1 11 0 1 11 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X MEREDITH DIXON 9843774992 1000 PARK FORTY PLAZA SUITE 280 DURHAM NC 27713 JUDITH RIZZO EXECUTIVE DIRECTOR AND CEO 40.00 X 127447 0 3875 JAVAID SIDDIQI EXECUTIVE DIRECTOR AND CEO 40.00 X 224299 0 2175 APRIL HENDERSON ASSOICATE DIRECTOR AND CHIEF OF STAFF 40.00 X 160445 0 8645 CASEY REMER DIRECTOR OF POLICY AND RESEARCH 40.00 X 126028 0 10448 638219 0 25143 4 0 1 0 LUCILLE DAVY 1 MALLARD PLACE PENNINGTON NJ 08534 CONSULTING 203850 1 1351828 1351828 34943 34943 OTHER INCOME 900099 360 360 360 1387131 35303 0 0 766782 583080 183702 669789 509324 160465 52484 39911 12573 63290 48127 15163 55185 41964 13221 228976 228976 2289 2289 PROGRAMMATIC/ADMIN CONS 398177 314559 83618 CONVENING 216945 216945 RENT 105607 82771 22836 MISCELLANEOUS 34908 34908 110066 57660 52406 2704498 2125606 578892 0 369788 221992 4223400 3338023 826353 37500 5419541 3597515 636591 131932 636591 131932 X 2258980 2200518 2523970 1265065 4782950 3465583 5419541 3597515 -1317367 0 X X 0 1 X 1 0 X 3276103 3440237 1540802 2654187 1351828 12263157 3276103 3440237 1540802 2654187 1351828 12263157 9381511 2881646 5166 4181 11825 23530 34943 79645 402 13700 360 14462 12357264 0.23320 X THE HIGH DEGREE OF PUBLIC SUPPORT, WHILE NOT MEETING THE ONE-THIRD TEST WHICH AUTOMATICALLY GRANTS PUBLIC SUPPORT, IS SUFFICIENT TO SHOW PUBLIC SUPPORT WHEN COMBINED WITH THE FACTS AND CIRCUMSTANCES DESCRIBED HEREIN. THE GOVERNING BODY OF THE HUNT FOUNDATION IS REPRESENTATIVE OF THE BROAD INTEREST OF THE PUBLIC AS INDICATED BY THE MAKEUP OF THE BOARD OF DIRECTORS DURING THE FIVE-YEAR PERIOD. THEIR REPRESENTATIVE PROFESSIONS INCLUDE SENIOR POSITIONS IN THE AREA OF BUSINESS, EDUCATION, GOVERNMENT, LAW, MEDICINE, AND PHILANTHROPY. IN ADDITION, THE BOARD OF DIRECTORS HAS SEVERAL FORMER PUBLIC OFFICIALS SUCH AS ITS FOUNDER, GOVERNOR JAMES B. HUNT, JR.,GOVERNOR ROY BARNES, GOVERNOR DON CARCIERI, AND GOVERNOR MITCH DANIELS. ALSO, AS PREVIOUSLY INDICATED, THE PROGRAMS OF THE HUNT FOUNDATION ARE AVAILABLE TO THE PUBLIC IN GENERAL AND TO PUBLIC OFFICIALS, AND PUBLIC POLICY LEADERS, SPECIFICALLY. THE HUNT FOUNDATION RECEIVES VARIOUS GRANTS FROM PUBLIC CHARITIES THAT REQUIRE REPORTING THAT PROMOTE THE ACCOUNTABILITY OF THE EXPENDITURE OF FUNDS, SUCH AS ACHIEVE, INC. AND THE NEW VENTURES FUND. FOR THESE REASONS, THE HUNT FOUNDATION QUALIFIES AS A PUBLICLY SUPPORTED CHARITY UNDER IRC SECTION 170(B)(1)(A)(V1)(AS A PUBLICLY SUPPORTED ORGANIZATION). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 1387131 0 1387131 0 1387131 2704498 0 2704498 0 2704498 PART X, LINE 2: THE FOLLOWING IS AN EXCERPT FROM THE AUDITED FINANCIAL STATEMENTS OF JAMES B. HUNT, JR. INSTITUTE FOR EDUCATIONAL LEADERSHIP & POLICY FOUNDATION FOR THE YEAR ENDED JUNE 30, 2017 REGARDING THE ADOPTION OF FIN 48: IN ACCORDANCE WITH GUIDANCE ON ACCOUNTING FOR UNCERTAINTY OF INCOME TAXES, THE FOUNDATION HAS DETERMINED THAT ALL TAX POSITIONS TAKEN ARE HIGHLY CERTAIN. THE FOUNDATION HAS DETERMINED THAT NO UNRECOGNIZED TAX LIABILITY EXISTS. FURTHERMORE, THE FOUNDATION BELIEVES THERE IS NO MATERIAL INCOME TAX AFFECT ON THE FINANCIAL STATEMENTS FOR THIS PERIOD. X 0 0 0 0 0 0 0 0 0 JAVAID SIDDIQI EXECUTIVE DIRECTOR AND CEO 224299 0 0 0 0 0 0 0 2175 0 226474 0 0 0 APRIL HENDERSON ASSOICATE DIRECTOR AND CHIEF OF STAF 160445 0 0 0 0 0 0 0 8645 0 169090 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THIS 990 WAS DISTRIBUTED TO THE AUDIT COMMITTEE VIA EMAIL FOR THEIR REVIEW AND APPROVAL. FOLLOWING THE COMMITTEE'S APPROVAL, IT WAS DISTRIBUTED TO THE BOARD OF DIRECTORS VIA EMAIL FOR THEIR REVIEW. THE BOARD WAS GIVEN ONE WEEK TO REVIEW AND RESPOND WITH ANY QUESTIONS OR CONCERNS REGARDING THE DRAFT. AFTER ONE WEEK, WHEN NO CONCERNS WERE SHARED THE 990 WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE ISSUES ARE DISCUSSED AT THE SPRING EXECUTIVE COMMITTEE MEETING COVERING DIRECTORS' LIABILITY ISSUES. IN ADDITION, KEY EMPLOYEES COMPLETE AN ANNUAL REVIEW PROCESS WHICH WOULD DOCUMENT ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 PERSONNEL AND COMPENSATION COMMITTEE. AT ANY ANNUAL OR SPECIAL MEETING, BY ACTION OF A MAJORITY OF THE NUMBER OF DIRECTORS THEN IN OFFICE, THE BOARD OF DIRECTORS MAY ELECT, AS PROVIDED HEREIN, A PERSONNEL AND COMPENSATION COMMITTEE, WHOSE DUTIES ARE TO REVIEW AND ADVISE THE BOARD ON MATTERS RELATED TO PERSONNEL AS WELL AS REVIEW AND ADVISE THE BOARD ON COMPENSATION MATTERS, INCLUDING EVALUATING THE PERFORMANCE OF THE EXECUTIVE DIRECTOR AND RECOMMENDING COMPENSATION FOR THE EXECUTIVE DIRECTOR. THE CHAIR OF THE BOARD OF DIRECTORS SHALL SELECT THE CHAIR AND THE OTHER MEMBERS OF THE PERSONNEL AND COMPENSATION COMMITTEE, AND THE SELECTION OF SUCH COMMITTEE MEMBERS SHALL BE RATIFIED BY THE BOARD OF DIRECTORS AT ITS NEXT SCHEDULED MEETING. FORM 990, PART VI, SECTION C, LINE 18 AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.