2017-11-15T11:03:15-06:00 2016-12-31 420714325 RSM US LLP 80 CITY SQUARE BOSTON MA 021293742 990 2016-01-01 800615123 CAIA FOUNDATION INC CAIA 4132537373 100 UNIVERSITY DRIVE AMHERST MA 01002 THOMAS SCHNEEWEIS DIRECTOR/PRESIDENT 4132537373 2017-11-15 1 LYNNE JOHNSON P00757336 6179129000 108.171.131.186 2017-11-15 11:57:11 ES P BC761CF869453B3C1EAEFCEB8393C6307CA8E02E 808B1D28703E5C3EA38D0C6AFAC88E3156F3957D 2016 2017-02-10 21:41:12Z THOMAS SCHNEEWEIS 100 UNIVERSITY DRIVE AMHERST MA 01002 265199 0 X FOUNDATION.CAIA.ORG X 2010 MA FOSTER ALTERNATIVE INVESTMENT EDUCATION WITHIN THE FINANCE INDUSTRY, DEVELOP AND AGGREGATE QUALITY RESEARCH AND COMMENTARY, FINANCE AND DEVELOP CURRICULUM STANDARDS FOR ALTERNATIVE INVESTMENT EDUCATION, AND FOSTER A SCHOLARSHIP PROGRAM TO INCREASE THE KNOWLEDGE BASE AND THE FLOW OF WELL PREPARED TALENT TO LEAD THE ALTERNATIVE INVESTMENT INDUSTRY. 3 2 0 2 0 0 0 265199 0 0 0 0 0 0 0 265199 0 16866 0 0 0 0 0 0 0 0 17124 0 33990 0 231209 160050 399960 90245 98946 69805 301014 X FOSTER ALTERNATIVE INVESTMENT EDUCATION WITHIN THE FINANCE INDUSTRY, DEVELOP AND AGGREGATE QUALITY RESEARCH AND COMMENTARY, FINANCE AND DEVELOP CURRICULUM STANDARDS FOR ALTERNATIVE INVESTMENT EDUCATION, AND FOSTER A SCHOLARSHIP PROGRAM TO INCREASE THE KNOWLEDGE BASE AND THE FLOW OF WELL PREPARED TALENT TO LEAD THE ALTERNATIVE INVESTMENT INDUSTRY. 0 0 18427 16866 FOSTER A SCHOLARSHIP PROGRAM TO INCREASE THE KNOWLEDGE BASE AND THE FLOW OF WELL PREPARED TALENT TO LEAD THE ALTERNATIVE INVESTMENT INDUSTRY. 18427 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 0 0 0 0 MA X DAVID W INNES 4135493330 100 UNIVERSITY DRIVE AMHERST MA 01002 HOSSEIN KAZEMI DIRECTOR 0.25 27.25 X 0 188162 2828 JUDY POSNIKOFF DIRECTOR 0.25 0.00 X 0 0 0 THOMAS SCHNEEWEIS DIRECTOR/PRESIDENT 1.00 1.00 X X 0 0 0 KEITH BLACK TREASURER 0.30 40.20 X 0 213472 16541 KIM DURAND CLERK 0.25 0.00 X 0 35758 0 PATRICIA BONNETT CLERK (UNTIL DEC. 2016) 0.25 0.00 X 0 0 0 0 437392 19369 0 0 1 0 0 265199 265199 265199 0 0 0 8920 8920 7946 7946 3658 3658 62 62 5617 5617 201 201 6000 6000 EXAM ADMINISTRATION 1561 1561 OTHER EXPENSES 25 25 33990 18427 15563 0 160050 204222 195738 160050 399960 7461 43503 82784 55443 90245 98946 X -71469 -84296 141274 385310 69805 301014 160050 399960 231209 0 X 0 1 X 1 0 X 12675 1800 50908 265199 330582 12675 1800 50908 265199 330582 330582 330582 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO RELATED ORGANIZATION 55443 55443 X PART X, LINE 2: CAIA FOUNDATION FOLLOWS FASB ASC 740, "INCOME TAXES," WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINLY IN INCOME TAXES BY PRESCRIBING THE RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. CAIA FOUNDATION RECOGNIZES A TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITY. MANAGEMENT EVALUATED CAIA FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT CAIA FOUNDATION HAS NO MATERIAL UNCERTAINTIES IN INCOME TAXES AS OF DECEMBER 31, 2016 AND 2015. CAIA FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2013. CAIA FOUNDATION WILL ACCOUNT FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF TAX EXPENSE. 0 0 0 0 0 0 0 0 0 SCHOLARSHIPS EUROPE (INCLUDING ICELAND & GREENLAND) 2 2150 EXAM FEES, PROGRAM MATERIALS, AND MEMBERSHIP FEES BOOK SCHOLARSHIPS EAST ASIA AND THE PACIFIC 2 3600 EXAM FEES AND PROGRAM MATERIALS BOOK SCHOLARSHIPS NORTH AMERICA 2 2196 EXAM FEES, PROGRAM MATERIALS, MEMBERSHIP FEES AND TAXES BOOK 0 0 0 0 0 0 1 SCHOLARSHIPS 6 8920 BOOK EXAM FEES AND PROGRAM MATERIALS PART I, LINE 2: CAIA FOUNDATION PROVIDES 100WHF SCHOLARSHIPS TO INDIVIDUALS AND IT IS TRACKED BY INDIVIDUAL AWARD ON THE FOUNDATION'S BOOKS AND RECORDS. THE SCHOLARSHIP COVERS ENROLLMENT AND FIRST-TIME REGISTRATION FEES FOR THE CAIA LEVEL I AND LEVEL II EXAMS, ASSOCIATED CAIA TEXTBOOKS, PREPARATION COURSES, AND THE CAIA ASSOCIATION MEMBERSHIP FEE FOR THE FIRST YEAR. IN ORDER TO BE CONSIDERED FOR THE 100WF CAIA CHARTER SCHOLARSHIP, APPLICANTS MUST BE FULL MEMBERS OF 100 WOMEN IN FINANCE, NOT BE ELIGIBLE FOR PROGRAM REIMBURSEMENT BY THEIR EMPLOYERS, AND HAVE ONE YEAR OF PROFESSIONAL EXPERIENCE IN THE ALTERNATIVE INVESTMENT INDUSTRY, AMONG OTHER SPECIFICATIONS. 0 0 0 0 0 0 0 0 0 HOSSEIN KAZEMI DIRECTOR 0 187790 0 0 0 372 0 0 0 2828 0 190990 0 0 KEITH BLACK TREASURER 0 213306 0 0 0 166 0 0 0 16541 0 230013 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS PRESENTED TO THE BOARD FOR THEIR REVIEW AND COMMENT PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANNUALLY INTERESTS THAT COULD RISE TO CONFLICTS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD OF DIRECTORS DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE OR SHE SHALL LEAVE ANY BOARD OF DIRECTORS OR COMMITTEE MEETINGS WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON, OR OTHERWISE NOT PARTICIPATE IN ANY DISCUSSION OR CONSENT RELATING THERETO. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST: A) AN INTERESTED PERSON MAY MAKE A PRESENTATION AT ANY BOARD OF DIRECTORS OR COMMITTEE MEETING, OR OTHERWISE PROVIDE RELEVANT INFORMATION. HE OR SHE SHALL NOT PARTICIPATE IN ANY DISCUSSION, VOTE, OR ANY CONSENT RELATING TO THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. B) THE CHAIRPERSON OF THE BOARD OF DIRECTORS OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. C) AFTER EXERCISING DUE DILIGENCE, THE BOARD OF DIRECTORS OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. D) IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD OF DIRECTORS OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. IF THE BOARD OF DIRECTORS OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD OF DIRECTORS OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FORM 990, AND THE FINANCIAL STATEMENTS AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). IN ADDITION, THE FORM 990 WITHOUT SCHEDULE B IS AVAILABLE VIA THE GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S OFFICE WEBSITE. CHARTERED ALTERNATIVE INVESTMENT ANALYST ASSOCIATION INC 100 UNIVERSITY DRIVE AMHERST MA 01002 371428113 PROFESSIONAL ASSOCIATION MA 501(C)(6) 0 CAIA UK OFFICE LIMITED NEW BRIDGE STREET HOUSE LONDON UK CHARTERED ALTERNATIVE INVESTMENT UK N/A C 0 CAIA ASSOCIATION SINGAPORE OFFICE LIMITED ONE RAFFLES PLACE SINGAPORE SN CHARTERED ALTERNATIVE INVESTMENT SN N/A C 0 CAIA ASSOCIATION HONG KONG LIMITED 13/F WYNDHAM PLACE 40-44 WYNDHAM S HONG KONG HK CHARTERED ALTERNATIVE INVESTMENT HK N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0