2017-10-27T06:52:44-05:00 2016-12-31 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2016-01-01 753032867 NLN FOUNDATION FOR NURSING EDUCATION NLNF 2029092500 2600 VIRGINIA AVENUE NW WASHINGTON DC 20037 STEPHEN CERAME CFO 2029092500 2017-10-25 1 AARON SHAPIRO P01333816 2128674000 38.98.118.70 2017-10-26 16:08:57 ED P 225B73B148284D6C629F7CBF4AC09CDDFD7CF9F8 73A2BDB4DEE3E1301F7FB9DCBA9193E2BC5F7900 2016 2017-02-10 21:41:12Z BEVERLY MALONE 2600 VIRGINIA AVENUE NW WASHINGTON DC 20037 124031 0 X WWW.NLN.ORG/FOUNDATION X 2002 NY THE MISSION OF THE NLN FOUNDATION FOR NURSING EDUCATION IS TO RAISE, SAFEGUARD AND DISTRIBUTE FUNDS THAT PROMOTE EXCELLENCE IN NURSING EDUCATION TO BUILD A STRONG AND DIVERSE NURSING WORKFORCE. TO SUPPORT THE MISSION OF ITS PARENT, NATIONAL LEAGUE FOR NURSING, INC. 4 3 3 15 0 0 121491 107522 28295 10915 8525 5594 0 0 158311 124031 70642 62067 0 0 86354 62785 0 0 0 183318 63030 340314 187882 -182003 -63851 439805 359094 120671 104293 319134 254801 X THE MISSION OF THE NLN FOUNDATION FOR NURSING EDUCATION IS TO RAISE, SAFEGUARD AND DISTRIBUTE FUNDS THAT PROMOTE EXCELLENCE IN NURSING EDUCATION TO BUILD A STRONG AND DIVERSE NURSING WORKFORCE TO ADVANCE THE HEALTH OF THE NATION AND THE GLOBAL COMMUNITY. TO SUPPORT THE MISSION OF ITS PARENT, NATIONAL LEAGUE FOR NURSING, INC., THROUGH THE FUNDING OF ENDOWMENTS AND THE DEVELOPMENT OF INITIATIVES THAT BENEFIT NLN'S MEMBERSHIP, INCREASE MEMBER ACCESSIBILITY TO EDUCATION PROGRAMS, AND FUND NEW INNOVATIVE RESEARCH. 0 0 152499 62067 10915 TO SUPPORT THE MISSION OF ITS PARENT, NATIONAL LEAGUE FOR NURSING, INC., THROUGH THE FUNDING OF ENDOWMENTS AND THE DEVELOPMENT OF INITIATIVES THAT BENEFIT NLN'S MEMBERSHIP, INCREASE MEMBER ACCESSIBILITY TO EDUCATIONAL PROGRAMS, AND FUND NEW INNOVATIVE RESEARCH. 152499 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 8 0 3 1 0 0 0 0 0 0 0 0 0 0 X 4 3 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AK AR AZ CA CO CT IL KY ME MA MN NH NM NY NC ND DC PA SC TN UT VA WI NJ OH WA FL AL GA HI KS MI MS MO OK RI WV X STEPHEN CERAME CPA 2029092500 2600 VIRGINIA AVENUE NW WASHINGTON DC 20037 NANCY F LANGSTON CHAIRPERSON 4.00 X X 0 0 0 MICHAEL NEWSOME TREASURER 2.00 4.00 X X 0 0 0 DR BEVERLY MALONE CHIEF EXECUTIVE OFFICER 2.00 48.00 X X 0 498573 17531 ANNE R BAVIER TRUSTEE 2.00 4.00 X 0 0 0 STEPHEN CERAME CHIEF FINANCIAL OFFICER 2.00 48.00 X 0 198154 26686 0 696727 44217 0 0 1 0 0 107522 107522 WRITING RETREAT 611420 10915 10915 10915 5594 5594 124031 10915 0 5594 X 31800 31800 30267 30267 54808 41106 13702 3729 2797 932 4248 3186 1062 8399 8399 150 150 28754 28754 11355 1235 10120 4390 4055 335 9982 9299 683 187882 152499 35383 0 102357 79124 81011 28080 14169 14910 242268 236980 439805 359094 5351 1250 115320 103043 120671 104293 X -54282 -86125 125183 92693 248233 248233 319134 254801 439805 359094 -63851 -482 0 X X 0 1 X 1 0 X 299003 310481 164002 121491 107522 1002499 299003 310481 164002 121491 107522 1002499 354878 647621 8952 8776 5953 8525 5594 37800 1040299 50915 0.62250 0.53520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 367147 5112 150 372109 333298 31650 2349 150 367147 330481 400 2567 150 333298 348898 950 5863 25210 330481 340568 100 17330 9100 348898 0.23280 0.66710 0.10010 0 0 0 DUE TO RELATED ORGANIZATION 103043 103043 X 123399 -482 -482 123881 150 150 124031 187732 0 187732 150 150 187882 PART X, LINE 2: THE FOUNDATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING DECEMBER 31, 2013 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. 1 BETHEL UNIVERSITY 3900 BETHEL DRIVE SAINT PAUL MN 55112 410708577 501(C)(3) 24800 RESEARCH ST LOUIS UNIVERSITY 221 NORTH GRAND BLVD SAINT LOUIS MO 63103 430654872 501(C)(3) 7000 SCHOLARSHIPS 2 0 SCHOLARSHIPS FOR STUDENTS ENROLLED IN NURSING PROGRAMS 6 30267 FORM 990, SCHEUDLE I, PART 1, LINE 1 THE NLN FOUNDATION FOR NURSING EDUCATION ADMINISTERS SEVERAL PROGRAMS AND PROJECTS LED BY INDEPENDENT PROJECT DIRECTORS. PROJECT DIRECTORS ARE REQUIRED TO SUBMIT A MINIMUM OF TWO REPORTS, INCLUDING A FINAL REPORT, EXPLAINING PROGRESS IN DETAIL. IF APPROPRIATE, THE PROJECT DIRECTOR IS REQUIRED TO SUBMIT BUDGET PERFORMANCE DATA IN ADDITION TO PROGRAM NARRATIVE. PROJECT OUTCOME STATISTICS AND STATEMENTS ARE REQUIRED IF RELEVANT TO THE PROGRAM. 0 0 0 0 0 0 0 0 0 DR BEVERLY MALONE CHIEF EXECUTIVE OFFICER 0 498380 0 0 0 193 0 7950 0 9581 0 516104 0 0 STEPHEN CERAME CHIEF FINANCIAL OFFICER 0 197474 0 0 0 680 0 6201 0 20485 0 224840 0 0 PART I, LINE 3 THE SALARIES FOR THE EXECUTIVES ARE DETERMINED BY THE PARENT COMPANY, NATIONAL LEAGUE FOR NURSING, INC. THE METHODS UTILIZED INCLUDE AN INDEPENDENT COMPENSATION CONSULTANTS, WHO PERFORM INDEPENDENT COMPENSATION STUDIES, AND APPROVAL OF THE RECOMMENDATIONS OF THE BOARD OF GOVERNORS. FORM 990, PART VI, SECTION A, LINE 6 NATIONAL LEAGUE FOR NURSING, INC. IS THE PRINCIPAL MEMBER OF THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT IS SUBMITTED TO NLN FOUNDATION FOR NURSING EDUCATION'S BOARD OF TRUSTEES FOR THEIR REVIEW AND APPROVAL. THE ENTIRE BOARD OF TRUSTEES REVIEWS THE FORM 990 WITH THE AUDITORS PRIOR TO FILING WITH IRS. DURING THE REVIEW, THE BOARD WILL DISCUSS WITH AUDITORS ANY CHANGES OR RECOMMENDATIONS THAT SHOULD BE MADE. ONCE THEY ARE MADE, THE FINAL DRAFT IS SENT TO THE BOARD PRIOR TO FILING WITH IRS. FORM 990, PART VI, SECTION B, LINE 12C THE NATIONAL LEAGUE FOR NURSING (RELATED ORGANIZATION) HAS CONFLICT OF INTEREST STATEMENTS THAT ARE SIGNED ONCE A YEAR BY THE BOARD OF GOVERNORS AND EMPLOYEES OF THE ORGANIZATION. THE STATEMENTS ARE GIVEN TO THE CHIEF EXECUTIVE OFFICER'S ASSISTANTS TO REVIEW TO DETERMINE IF THERE IS A CONFLICT. IF THERE IS A CONFLICT, THEY WILL REPORT THE CONFLICT TO THE CHIEF EXECUTIVE OFFICER AND/OR THE EXECUTIVE COMMITTEE TO DETERMINE THE EXTENT OF CONFLICT AND NECESSARY ACTIONS TO BE TAKEN. IF A CONFLICT ARISES WITH THE CEO, THEN THE EXECUTIVE COMMITTEE IS INFORMED AND THE CEO OR ANYBODY ELSE THAT HAS A CONFLICT WILL BE RECUSED. TRUSTEES WERE REQUIRED TO SIGN THE CONFLICT OF INTEREST STATEMENT IN 2016. FORM 990, PART VI, SECTION B, LINE 15A THE NATIONAL LEAGUE FOR NURSING PERFORMED A SALARY STUDY FOR THE CEO IN THE YEAR 2016 BY AN INDEPENDENT CONSULTANT. THE EXECUTIVE COMMITTEE SETS GOALS FOR THE CEO AT THE TIME SHE IS EVALUATED FOR THE PRIOR YEAR AND UPCOMING YEAR. AT THAT TIME THEY WILL SET HER COMPENSATION FOR THE YEAR. WHEN THEY AGREE ON THE COMPENSATION, THEY WILL PRESENT IT TO THE BOARD OF GOVERNORS FOR APPROVAL. THE BONUS IS BASED UPON CEO'S ACHIEVING GOALS SET AT THE BEGINNING OF THE YEAR. THE BONUS IS RECOMMENDED BY THE EXECUTIVE COMMITTEE AND THEN APPROVED BY THE BOARD OF GOVERNORS OF NATIONAL LEAGUE FOR NURSING. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE GIVEN TO INDIVIDUALS ON REQUEST ALONG WITH ANY OTHER DOCUMENTS REQUESTED. FORM 990, PART IX, LINE 11G RESEARCH FEES: PROGRAM SERVICE EXPENSES 28,754. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,754. FORM 990, PART XII, LINE 2C THE REVIEW PROCESS HAS NOT CHANGED FROM PRIOR YEARS. NATIONAL LEAGUE FOR NURSING INC 2600 VIRGINIA AVENUE NW WASHINGTON DC 20037 131896510 NURSING EDUCATION DC 501(C)(3) LINE 10 N/A 0 ACCREDITATION COMMISSION FOR EDUCATION IN NURSING 3343 PEACHTREE ROAD NE SUITE 850 ATLANTA GA 30326 133927791 ACCREDITATION SERVICES FOR NURSING EDUCATION NY 501(C)(3) LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0