2017-11-07T13:11:34-06:00 2016-12-31 911194016 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1700 BELLEVUE WA 98004 990 2016-01-01 910569878 BOY SCOUTS OF AMERICA BOYS 2067255200 3120 RAINIER AVENUE SOUTH SEATTLE WA 98144 MICHAEL S QUIRK SCOUT EXECUTIVE/CEO/CORP SECRETARY 2067255200 2017-10-30 1 SARA ELIZABETH J HYRE P00235495 4254544919 2017-10-30 65.158.230.194 2017-10-30 14:47:42 PD P D3602557FBBC398886185FEEA8787C976E007265 325E718872A56B2FA5D1775C382661CE1439ECF8 2016 2018-03-14 21:41:22Z CHIEF SEATTLE COUNCIL MICHAEL S QUIRK 3120 RAINIER AVENUE SOUTH SEATTLE WA 98144 17621626 0 1761 X WWW.SEATTLEBSA.ORG X 1916 WA TO PREPARE YOUNG PEOPLE TO MAKE ETHICAL AND MORAL CHOICES OVER THEIR LIFETIMES BY INSTILLING IN THEM THE VALUES OF THE SCOUT OATH AND LAW. 68 68 197 6414 0 0 2770878 4038283 2132492 2303285 1204599 552330 551650 463764 6659619 7357662 67560 58604 0 0 3285276 3302628 0 3696 469982 3350276 3338149 6703112 6703077 -43493 654585 38402138 40113689 877004 1473232 37525134 38640457 X THE COUNCIL'S PRIMARY PURPOSE IS TO ORGANIZE AND SUPERVISE THE SCOUTING PROGRAM. THE SCOUTING PROGRAM PROVIDES EDUCATION FOR YOUTH AND YOUNG ADULTS LED BY TRAINED VOLUNTEERS. THIS IS ACCOMPLISHED THROUGH COMMUNITY SERVICE, CHARACTER BUILDING, CITIZENSHIP TRAINING, CAREER EXPLORATION AND HIGH ADVENTURE PROGRAMS. 0 0 3320098 38591 1654752 BOY SCOUTING IS A FAMILY- AND COMMUNITY-CENTERED PROGRAM FOR BOYS 11 TO 18 YEARS OF AGE. WITH THE SCOUT OATH AND SCOUT LAW AS GUIDES, AND THE SUPPORT OF PARENTS, COMMUNITY AND RELIGIOUS ORGANIZATIONS, THESE YOUTH DEVELOP AN AWARENESS AND APPRECIATION OF THEIR ROLE IN THE COMMUNITY AND BECOME GOOD CITIZENS. THE PROGRAM TEACHES LEADERSHIP AND CHARACTER DEVELOPMENT THROUGH DIFFERENT METHODS, SUCH AS ADVANCEMENT, CAMPING AND TRAINING. THIS PROGRAM SERVED 6,874 YOUTH IN 2016. 1882705 19089 938349 CUB SCOUTING IS A FAMILY- AND COMMUNITY-CENTERED PROGRAM FOR BOYS 8 TO 10 YEARS OF AGE. CUB SCOUTS LEARN CITIZENSHIP, COMPASSION, AND COURAGE THROUGH SERVICE PROJECTS, CEREMONIES, GAMES, AND OTHER ACTIVITIES PROMOTING CHARACTER DEVELOPMENT AND PHYSICAL FITNESS. THIS PROGRAM SERVED 9,182 YOUTH IN 2016. 287043 841 143064 VENTURING IS A PROGRAM FOR YOUNG MEN AND WOMEN 14 (OR 13 WITH COMPLETION OF THE EIGHTH GRADE) THROUGH 20 YEARS OF AGE. VENTURING PROVIDES EXPERIENCES TO DEVELOP YOUTH TO BECOME MATURE, RESPONSIBLE, CARING ADULTS. EACH PROGRAM IS SPECIFIC TO THE YOUTH PARTICIPATING. THERE ARE ROBOTIC GROUPS, HIGH ADVENTURE GROUPS, COMPUTER GROUPS, AND SHIPS. THE ONE THING THAT IS CONSISTENT WITH VENTURING IS THAT THE YOUTH RUN THE PROGRAM. THIS PROGRAM SERVED 1,584 YOUTH IN 2016. 28465 83 14187 -EXPLORING, A PROGRAM FOR 14 TO 21 YEAR OLD BOYS & GIRLS WHICH FOCUSES ON CAREER & HOBBY INTERESTS. -LEARNING FOR LIFE IS A PROGRAM FOR BOTH BOYS & GIRLS AGE 5 YEARS THROUGH HIGH SCHOOL. IT FOCUSES ON "AT RISK" ELEMENTARY CHILDREN & CAREER EXPLORATION FOR OLDER YOUTH. THESE TWO PROGRAMS SERVED 387 YOUTH IN 2016.-CHILDREN OF INCARCERATED PARENTS IS ANOTHER PROGRAM BOY SCOUTS FOCUSES ON. 28465 83 14187 5518311 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 9 0 1 197 1 0 0 0 0 0 1 1 0 0 0 1 0 X 68 68 1 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 WA X X MICHAEL S QUIRK 2067255200 3120 RAINER AVENUE SOUTH SEATTLE WA 98144 BRIAN BOGEN PRESIDENT 2.00 X X 0 0 0 DONALD BLACK VP - DEVELOPMENT 1.00 X X 0 0 0 PATRICK GREEN VP - FINANCE 1.00 X X 0 0 0 RICHARD CORDRAY VP -DISTRICT OPERATIONS 6.00 X X 0 0 0 KEVIN BAKER VP - PROGRAM 1.00 X X 0 0 0 PAUL PINEDA VP - SCOUTREACH 1.00 X X 0 0 0 LISA WYLIE VP - MEMBERSHIP 15.00 X X 0 0 0 GARY ZIMMERMAN PHD VP - FACILITIES 1.00 X X 0 0 0 MICHAEL GIBBS TREASURER 1.50 X X 0 0 0 BRUCE ANDERSON COMMISSIONER 1.00 X X 0 0 0 MARCELO GUERRA HAHN VP - VENTURING/SEA SCOUTS 6.00 X X 0 0 0 ROBERT MCKENNA EXECUTIVE COMMITTEE 1.00 X 0 0 0 DEL BISHOP EXECUTIVE COMMITTEE 1.00 X 0 0 0 TOBY CAPPS EXECUTIVE COMMITTEE 1.00 X 0 0 0 J SCOTT GARY EXECUTIVE COMMITTEE 0.50 X 0 0 0 FREDERICK GRIM EXECUTIVE COMMITTEE 1.00 X 0 0 0 WAYNE PERRY EXECUTIVE COMMITTEE 1.00 X 0 0 0 TOM PIGOTT EXECUTIVE COMMITTEE 0.50 X 0 0 0 R MILLER ADAMS EXECUTIVE BOARD 1.00 X 0 0 0 BRAD ANDERSON EXECUTIVE BOARD 1.00 X 0 0 0 MICHAEL ANDERSON EXECUTIVE BOARD 1.00 X 0 0 0 JAMES BACH EXECUTIVE BOARD 2.00 X 0 0 0 HUGH BANGASSER EXECUTIVE BOARD 1.00 X 0 0 0 GREG BATIE EXECUTIVE BOARD 1.00 X 0 0 0 S CHRISTOPHER BEAN EXECUTIVE BOARD 1.50 X 0 0 0 GUY BENNETT EXECUTIVE BOARD 1.00 X 0 0 0 PHIL BUSSEY EXECUTIVE BOARD 1.00 X 0 0 0 CORY CARLSON EXECUTIVE BOARD 1.00 X 0 0 0 DAVID CARLSON EXECUTIVE BOARD 2.30 X 0 0 0 JOHN CARLSON EXECUTIVE BOARD 1.00 X 0 0 0 LAWRENCE CONRAND EXECUTIVE BOARD 1.00 X 0 0 0 JEFF CRAIG DISTRICT CHAIR 1.00 X 0 0 0 BOB CZAPLINSKI DISTRICT CHAIR 1.00 X 0 0 0 JOHN DEITZ EXECUTIVE BOARD 1.00 X 0 0 0 BOB DONEGAN EXECUTIVE BOARD 1.00 X 0 0 0 LARRY GARRETT EXECUTIVE BOARD 1.00 X 0 0 0 TIM GARRIGAN EXECUTIVE BOARD 1.00 X 0 0 0 LYLE HALL EXECUTIVE BOARD 2.00 X 0 0 0 JOEL HAMMER EXECUTIVE BOARD 1.00 X 0 0 0 BRIAN HARRON EXECUTIVE BOARD 8.00 X 0 0 0 KIM HILLYARD EXECUTIVE BOARD 1.00 X 0 0 0 MELANI HUNT DISTRICT CHAIR 1.00 X 0 0 0 WALLY KEMPE DISTRICT CHAIR 1.00 X 0 0 0 WILLIAM KRIPPAEHNE JR EXECUTIVE BOARD 1.00 X 0 0 0 WILLIAM LARSON EXECUTIVE BOARD 1.00 X 0 0 0 MINDY LINTON DISTRICT CHAIR 1.00 X 0 0 0 MATTHEW LUNDH EXECUTIVE BOARD 1.00 X 0 0 0 KEN MARTIN EXECUTIVE BOARD 1.00 X 0 0 0 MALCOM MCLELLAN DISTRICT CHAIR 1.00 X 0 0 0 PETER MCLOUGHLIN EXECUTIVE BOARD 1.00 X 0 0 0 MIKE MCNELLIS EXECUTIVE BOARD 1.00 X 0 0 0 CARL MEALY DISTRICT CHAIR 1.00 X 0 0 0 JOANNE MONTGOMERY EXECUTIVE BOARD 1.00 X 0 0 0 DARCY NIEDERMEYER DISTRICT CHAIR 1.00 X 0 0 0 MIKE OBOY EXECUTIVE BOARD 1.00 X 0 0 0 GORDON OLSON EXECUTIVE BOARD 5.00 X 0 0 0 RICK POWELL DISTRICT CHAIR 1.00 X 0 0 0 JEREMY SCHUMACHER DISTRICT CHAIR 1.00 X 0 0 0 R GARY SMITH EXECUTIVE BOARD 5.00 X 0 0 0 RONALD SMITH EXECUTIVE BOARD 1.00 X 0 0 0 MIKE STANLEY EXECUTIVE BOARD 1.00 X 0 0 0 GORDON TANNER EXECUTIVE BOARD 1.00 X 0 0 0 BRADLEY TILDEN EXECUTIVE BOARD 2.00 X 0 0 0 KURT WIEST DISTRICT CHAIR 0.50 X 0 0 0 ROBERT WILEY III EXECUTIVE BOARD 1.00 X 0 0 0 RYAN YEE DISTRICT CHAIR 2.00 X 0 0 0 TODD ZARFOS EXECUTIVE BOARD 1.00 X 0 0 0 ROBERT ZOOK EXECUTIVE BOARD 1.00 X 0 0 0 DAN DICKEY DISTRICT CHAIR 1.00 X 0 0 0 DOUGLAS WITHERS DISTRICT CHAIR 1.00 X 0 0 0 GARY TWITE DISTRICT CHAIR 1.00 X 0 0 0 JOHN HANSEN EXECUTIVE BOARD 1.00 X 0 0 0 MARK LITTLE DISTRICT CHAIR 1.00 X 0 0 0 RICH WILKENS DISTRICT CHAIR 1.00 X 0 0 0 MICHAEL QUIRK SCOUT EXECUTIVE/CORPORATE SECRETARY 40.00 X 227338 0 240423 MARTHA PRESTIN CHIEF FINANCIAL OFFICER 40.00 X 114923 0 20591 BRIAN REDMOND DIRECTOR OF DEVELOPMENT 40.00 X 149429 0 117720 SCOTT FINDLAY DIRECTOR OF SUPPORT SERVICES 40.00 X 109986 0 74617 CHRIS OTTO DIRECTOR OF FIELD SERVICES 40.00 X 101695 0 46687 703371 0 500038 5 0 1 0 LZL CONSTRUCTION 10604 EAST RIVERSIDE DRIVE BOTHELL WA 98011 CONSTRUCTION CONTRACTOR 775771 1 217067 717067 3104149 91246 4038283 CAMPING PROGRAM 900099 2111441 2111441 SCOUTING ACTIVITIES 900099 191844 191844 2303285 490946 490946 104233 0 104233 104233 104233 9170114 3600 9112330 0 57784 3600 61384 61384 136986 717067 227741 -90755 -90755 1370960 923893 447067 447067 REIMBURSEMENTS 900099 2050 2050 PATCH SALES 900099 1169 1169 3219 7357662 2750352 0 569027 58604 58604 403144 211137 164753 27254 2252851 1918089 145415 189347 144438 117790 11443 15205 272113 220472 28400 23241 230082 190146 23117 16819 50765 50765 3696 3696 99505 99505 12314 9941 2373 5291 3808 676 807 900474 770644 72657 57173 32807 950 29703 2154 398911 365099 19338 14474 187150 150792 20837 15521 46053 38740 4233 3080 82962 82962 1078573 1041737 21323 15513 185626 169404 9390 6832 RECOGNITION AWARDS 171728 97985 486 73257 MEMBERSHIP/ADVANCEMENT 70755 70755 15235 9197 2802 3236 6703077 5518311 714784 469982 1444079 20848 1320246 4304573 208897 174158 57805 45136 102660 86580 89031 247569 28927862 11317089 17674354 17610773 16982054 17104355 523012 519697 38402138 40113689 188959 552822 240734 471903 447311 448507 877004 1473232 X 29420470 29991097 2528177 3014571 5576487 5634789 37525134 38640457 38402138 40113689 X 654585 435153 25585 X 0 1 X 1 0 X 3655565 6906307 4167792 2770878 4038283 21538825 3655565 6906307 4167792 2770878 4038283 21538825 3930464 17608361 846972 503160 566200 562234 595179 3073745 5943 46338 3064 9938 3219 68502 24681072 18613227 0.71340 0.78710 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: PATCH SALES - 2015 AMOUNT: $ 1,150. 2016 AMOUNT: $ 1,169. REFUND OF UNCLAIMED PROPERTY - 2015 AMOUNT: $ 4,560. TIMBER SALES - 2012 AMOUNT: $ 4,055. 2013 AMOUNT: $ 44,000. 2014 AMOUNT: $ 999. 2015 AMOUNT: $ 1,489. REIMBURSEMENTS - 2013 AMOUNT: $ 1,964. 2014 AMOUNT: $ 2,065. 2015 AMOUNT: $ 2,739. 2016 AMOUNT: $ 2,050. BAD DEBT RECOVERY - 2012 AMOUNT: $ 1,888. 2013 AMOUNT: $ 374. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 18341573 72059 881860 776434 6153 18512905 19294393 119530 -247657 723659 101034 18341573 19049370 25928 996197 679421 97681 19294393 17234821 443065 2357571 663584 322503 19049370 16193937 109565 1558800 627481 17234821 0.59010 0.30440 0.10550 1 0 3673 1922954 1926627 22591663 9495787 13095876 2501546 983563 1517983 1192307 837739 354568 715719 715719 17610773 7718895 435153 -73920 361233 7357662 0 7357662 6603572 0 6603572 99505 99505 6703077 PART IV, LINE 2B: ESCROW ACCOUNTS ARE HELD BY THE COUNCIL FOR INDIVIDUAL UNITS. THESE FUNDS ARE USED TO PAY FOR SCOUT REGISTRATIONS, ACTIVITIES AND SUPPLIES AS THEY ARE NEEDED BY THE UNIT. THE FUNDS CAN BE DISTRIBUTED BACK TO THE UNITS UPON REQUEST AND APPROVAL BY TWO REGISTERED LEADERS OF THE UNIT. PART V, LINE 4: THE COUNCIL HAS A SPENDING POLICY THAT DISTRIBUTES 4.5% ANNUALLY OF THE AVERAGE ENDOWMENT BALANCE OVER THE THREE PRIOR YEARS TO FUND EXPENDITURES FOR FACILITIES AND PROGRAMS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT EXPENSES -99,505. CHANGE IN VALUE OF BENEFICIAL INTEREST 25,585. DOWNTOWN FOS LUNCHEON 241038 233298 7740 3000 14866 8373 EASTSIDE FOS LUNCHEON 271654 256894 14760 3500 12067 7390 8500 7 341361 226875 114486 9228 52775 20568 87474 854053 717067 136986 15728 79708 36331 95974 227741 -90755 1 CAMPERSHIPS 293 30992 FMV REDUCED CAMP FEES COLLEGE SCHOLARSHIPS 4 11000 FMV SCHOLARSHIPS FOR HIGHER EDUCATION SCOUTREACH MEMBERSHIPS 1316 16112 FMV FREE SCOUTREACH MEMBERSHIP FEES ORDER OF THE ARROW ASSISTANCE 5 500 FMV EVENT REGISTRATION ASSISTANCE PART I, LINE 2: A SELECTION COMMITTEE OF VOLUNTEERS REVIEWS SCHOLARSHIP APPLICATIONS AND AWARDS SCHOLARSHIPS. NEED BASED CAMPERSHIPS ARE GRANTED BY THE CAMPING DIRECTOR. SCOUTS COMPLETE AN APPLICATION STATING THEIR NEED AND AWARDS ARE IN THE FORM OF REDUCED CAMP FEES. A TYPICAL CAMPERSHIP IS 50% OFF THE COST OF CAMP. SCOUTREACH MEMBERSHIP REGISTRATION IS PAID FOR ALL MEMBERS OF SCOUTREACH UNITS. SCOUTREACH UNITS ARE LED BY PAID COUNCIL STAFF MEMBERS SPONSORED THROUGH VARIOUS ORGANIZATIONS. THE COUNCIL PAYS THE MEMBER'S REGISTRATION FEE WITH NATIONAL COUNCIL UPON SIGNING UP FOR SCOUTING. EVENT REGISTRATION WAS PAID FOR ORDER OF THE ARROW SCOUTS ATTENDING THE NATIONAL EVENT. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 MICHAEL QUIRK SCOUT EXECUTIVE/CORPORATE SECRETARY 220116 0 5210 0 2012 0 228752 0 11671 0 467761 0 0 0 BRIAN REDMOND DIRECTOR OF DEVELOPMENT 142192 0 2336 0 4901 0 105658 0 12062 0 267149 0 0 0 SCOTT FINDLAY DIRECTOR OF SUPPORT SERVICES 101730 0 2401 0 5855 0 66323 0 8294 0 184603 0 0 0 PART I, LINE 1A MICHAEL QUIRK WAS PROVIDED MEMBERSHIP TO THE RAINIER CLUB. THE MEMBERSHIP WAS NOT TREATED AS TAXABLE COMPENSATION. THE MEMBERSHIP IS USED FOR HOSTING CHIEF SEATTLE COUNSIL BSA BUSINESS MEETINGS. X 1 3571 FAIR MARKET VALUE X 1 1599 STOCK SALES PRICE X AUCTION ITEMS 257 86076 FAIR MARKET VALUE 0 0 1 1 PART I, COLUMN (B): AUCTION ITEMS ARE REPORTED AS COUNT OF ITEMS AND STOCK DONATIONS ARE REPORTED AS NUMBER OF CONTRIBUTIONS RECEIVED. PART I, LINE 32B: THE NATIONAL BSA OPERATES A VEHICLE AND BOAT DONATION PROGRAM. THEY REMIT A PERCENT OF EACH SALE TO THE COUNCIL AND PROCESS ALL OF THE REQUIRED PAPERWORK. FORM 990, PART I, LINE 6 6,414 IS THE NUMBER OF ADULT VOLUNTEERS REGISTERED WITH THE COUNCIL AS OF DECEMBER 31, 2016. VOLUNTEERS ARE LEADERS FOR SCOUT UNITS, MERIT BADGE COUNSELORS, FUNDRAISERS, BOARD MEMBERS, TRAINERS, AND ASSIST IN ALL ASPECTS OF DELIVERING THE SCOUTING PROGRAM TO YOUTH. FORM 990, PART VI, SECTION A, LINE 2 BOB DONEGAN AND PHIL BUSSEY HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 CORPORATE MEMBERSHIP IS COMPRISED OF NO FEWER THAN 100 ACTIVE MEMBERS, WHO CONSIST OF CHARTERED ORGANIZATION REPRESENTATIVES AND MEMBERS AT LARGE, AND MAY ALSO INCLUDE ASSOCIATE AND HONORARY MEMBERS. ACTIVE MEMBERS ARE VOTING MEMBERS WHEREAS ASSOCIATE AND HONORARY MEMBERS ARE NON-VOTING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS AT LARGE, ASSOCIATE MEMBERS AND HONORARY MEMBERS ARE ALL ELECTED BY CURRENT ACTIVE MEMBERS EACH YEAR AT THE COUNCIL'S ANNUAL BUSINESS MEETING. ALL OFFICERS, CHAIRS OF COMMITTEES OF THE BOARD, DISTRICT CHAIRS AND EXECUTIVE BOARD MEMBERS ARE ELECTED BY CURRENT ACTIVE MEMBERS. A NOMINATING COMMITTEE OF THE BOARD PRESENTS A SLATE OF CANDIDATES FOR ELECTION. INTERMITTENT VACANCIES ARE FILLED BY THE EXECUTIVE BOARD. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS HAVE APPROVAL RIGHTS IN ACCORDANCE WITH TITLE 24 OF THE WASHINGTON NONPROFIT CORPORATION LAW. IN ADDITION, ACTIVE MEMBERS MAY VOTE AT THE ANNUAL MEETING TO RECEIVE AND APPROVE FINANCIAL STATEMENTS AS OF THE CLOSE OF ITS MOST RECENT COMPLETE FISCAL YEAR AND OTHER SUCH BUSINESS AS MAY COME BEFORE THE MEETING. FORM 990, PART VI, SECTION B, LINE 11B COPIES OF THE FORM 990 WERE PROVIDED ELECTRONICALLY TO ALL MEMBERS OF THE BOARD OF DIRECTORS WITH VOTING AUTHORITY PRIOR TO FILING. THE FORM WAS REVIEWED IN DETAIL BY THE COUNCIL'S AUDIT COMMITTEE AND PRESENTED TO THE EXECUTIVE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO EXECUTIVE BOARD MEMBERS, COMMITTEE MEMBERS, OFFICERS, AND EMPLOYEES OF THE CORPORATION. THERE IS AN ANNUAL REVIEW OF THE CONFLICT OF INTEREST STATEMENTS COMPLETED BY ALL BOARD MEMBERS AND OFFICERS THAT ARE KEPT ON FILE. OFFICERS AND BOARD MEMBERS ARE ALSO EXPECTED TO DISCLOSE CONFLICTS TO THE BOARD CHAIR AS THEY ARISE ON THE HONOR SYSTEM WITH THE OVERSIGHT OF THE GOVERNANCE COMMITTEE. IF A CONFLICT EXISTS OR ARISES DURING THE COURSE OF BUSINESS, THE GOVERNANCE COMMITTEE INVESTIGATES AND DETERMINES ANY ACTION TO TAKE IN ACCORDANCE WITH THE POLICY. ANY PERSON COVERED BY THE POLICY THAT HAS A CONFLICT OF INTEREST MAY NOT PARTICIPATE BY DISCUSSION, VOTING, OR ANY OTHER ACTION ON A MOTION WHICH RELATES TO A TRANSACTION WITH RESPECT TO WHICH HE OR SHE HAS A CONFLICT OF INTEREST. AT THE DISCRETION OF THE DISINTERESTED MEMBERS OF THE BOARD, HE OR SHE MAY BE REQUIRED TO LEAVE THE MEETING DURING THE DISCUSSION AND VOTING. FORM 990, PART VI, SECTION B, LINE 15 USING A WRITTEN EMPLOYMENT CONTRACT WHERE APPLICABLE, THE COMPENSATION COMMITTEE REVIEWS AND APPROVES EVERY EMPLOYEE'S COMPENSATION IN JANUARY EACH YEAR. THE LAST REVIEW WAS JANUARY 2016. COMPENSATION IS BASED ON JOB PERFORMANCE. FORM 990, PART VI, SECTION C, LINE 19 UPON WRITTEN REQUEST, THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE PROVIDED BY MAIL. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST 25,585. PERPETUAL TRUST INVESTMENT WA N/A T 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 PERPETUAL TRUST A 19323 ACTUAL CASH