2017-11-13T11:51:13-06:00 2016-12-31 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2016-01-01 237156531 ASSOCIATION OF BLACK FOUNDATION EXECUTIVES INC ASSO 6463929877 42 BROADWAY FLOOR 20 NEW YORK NY 10004 SUSAN TAYLOR BATTEN PRESIDENT AND CEO 6463929877 2017-11-11 1 GARRETT M HIGGINS P00543209 2122862600 2017-11-11 65.51.112.58 2017-11-11 10:17:30 ES P AD3B626500A59A1B576A4B498EA645165325D0FB 1119991AAD7992453D156E11E4B1597BCCA1D313 2016 2018-03-14 21:41:22Z X SUSAN TAYLOR BATTEN 42 BROADWAY FLOOR 20 NEW YORK NY 10004 2177107 0 X WWW.ABFE.ORG X 1971 IN ABFE'S MISSION IS TO PROMOTE EFFECTIVE AND RESPONSIVE PHILANTHROPY IN BLACK COMMUNITIES. 14 14 11 14 0 0 2101633 1793016 424977 382172 1509 1919 0 0 2528119 2177107 0 60000 0 0 939001 1051069 0 0 182360 1300685 1252067 2239686 2363136 288433 -186029 1693842 1530141 228557 250885 1465285 1279256 X ABFE'S MISSION IS TO PROMOTE EFFECTIVE AND RESPONSIVE PHILANTHROPY IN BLACK COMMUNITIES. AS AN INSTITUTION, ABFE SEEKS TO IMPACT THE COMMUNITY OF PHILANTHROPIC PRACTICE AND THEREBY THE OVERALL HEALTH AND STRENGTH OF THE BLACK COMMUNITY. 1 0 412931 135288 ANNUAL CONFERENCE -ABFE'S ANNUAL CONFERENCE IS A GATHERING OF PHILANTHROPIC AND NON-PROFIT PROFESSIONALS FOR NETWORKING AND ENGAGEMENT AROUND SHARED INTEREST IN SUPPORTING BLACK COMMUNITIES THROUGH PHILANTHROPY. THE TARGET AUDIENCE IS ABFE'S MEMBERS AND PARTNERS, INCLUSIVE OF FOUNDATION TRUSTEES, EXECUTIVE STAFF AND PROGRAM OFFICERS, GRANT MAKING ENTITIES INCLUDING PRIVATE FOUNDATIONS, CORPORATE GIVING PROGRAMS, DONOR-ADVISED FUNDS, GIVING CIRCLES AND NON-PROFIT LEADERS. (SEE CONTINUATION ON SCHEDULE O)ABFE'S 2016 CONFERENCE, WHERE WE CONTINUED THE THEME, #EMPOWERPHILANTHROPY, ENGAGED OVER 340 PARTICIPANTS. THIS WAS NEARLY 100 MORE THAN THE 258 PARTICIPANTS IN 2015 AND OUR HIGHEST REGISTRATION NUMBERS EVER. WE CHOSE BALTIMORE, MD AS THE HOST CITY, PRIMARILY BECAUSE OF ITS SIGNIFICANT PLACE IN GLOBAL CONVERSATIONS ON RACIAL EQUITY & SOCIAL JUSTICE, FOLLOWING THE DEATH OF FREDDIE GRAY. WE HAVE ENGAGED WITH SEVERAL LOCAL ORGANIZATIONS WITH OUR RACIAL EQUITY WORK, SO IT ALSO SERVED AS A STRATEGIC LOCATION FOR US TO BRING OUR MEMBERS AND CONTINUE ENGAGEMENT & COLLABORATION WITH OUR LOCAL MEMBER/PARTNERS. THE CHIEF OBJECTIVE WAS TO PLACE AN EMPHASIS ON THE NEED FOR BOLD LEADERSHIP BY BLACK PROFESSIONALS IN THE FIELD, AS WELL AS INCREASED INVESTMENTS IN BLACK ORGANIZING AND CONSTITUENCY ENGAGEMENT. #EMPOWERPHILANTHROPY MOBILIZED MANY WHO INTERSECT WITH PHILANTHROPY TO EXPLORE CONTEMPORARY AND CUTTING-EDGE PHILANTHROPIC STRATEGIES IN KEY ISSUE AREAS THAT WILL HAVE THE GREATEST IMPACT. ONE OF THE EVENTS WAS THE JAMES A JOSEPH LECTURE, WHERE ABFE PAID TRIBUTE TO AMBASSADOR JAMES A JOSEPH, THE CO-FOUNDER OF ABFE AND A DISTINGUISHED LEADER IN THE FIELD. THIS ANNUAL EVENT RECOGNIZES AN OUTSTANDING INDIVIDUAL WHOSE LEADERSHIP AND CONTRIBUTIONS AS A VISIONARY PHILANTHROPIC LEADER HAVE HELPED ADVANCE PHILANTHROPIC IDEALS. 287231 60000 0 CHANGE PHILANTHROPY -IN 2016, ABFE BECAME THE FISCAL SPONSOR OF CHANGE PHILANTHROPY, FORMALLY KNOWN AS JOINT AFFINITY GROUPS. CHANGE PHILANTHROPY WAS FOUNDED IN 1993 TO UNIFY IDENTITY-FOCUSED PHILANTHROPIC AFFINITY GROUPS INTO AN EMPOWERED COALITION. COMING TOGETHER, ITS SEVEN CORE PARTNERS ARE WORKING TO INTEGRATE DIVERSITY, INCLUSION, AND SOCIAL JUSTICE INTO PHILANTHROPIC PRACTICE, TRANSFORMING THE SECTOR'S CULTURE TO BE ONE THAT EMBRACES EQUITY. (SEE CONTINUATION ON SCHEDULE O)CHANGE PHILANTHROPY PROVIDE TOOLS, RESOURCES, AND CONNECTIONS TO THE GREATER PHILANTHROPIC COMMUNITY, AS WELL AS LEVERAGING THE KNOWLEDGE AND INSIGHT OF OUR WIDE NETWORK WITHIN THIS COMMUNITY. TOGETHER, WE'RE WORKING TO RAISE THE LEVEL OF DIALOGUE AMONG FUNDERS SO THAT PHILANTHROPIC DOLLARS ARE DISPERSED THROUGH EQUITABLE PRACTICES THAT TAKE THE TRUE CONCERNS OF ALL COMMUNITIES TO HEART. 282965 117175 RESPONSIVE PHILANTHROPY IN BLACK COMMUNITIES (RPBC) -ABFE BRINGS A NEW FRAMEWORK ON RPBC TO REALIZE ITS MISSION OF PROMOTING EFFECTIVE AND RESPONSIVE PHILANTHROPY IN BLACK COMMUNITIES. THIS NEW TEMPLATE BUILDS UPON GRANTMAKING WITH A RACIAL EQUITY LENS BUT IS TAILORED SPECIFICALLY TO GRANTMAKING IN AND FOR BLACK COMMUNITIES. AS A RESULT, ABFE HAS DESIGNED A SET OF DEFINING CHARACTERISTICS OF PHILANTHROPY THAT IS MORE LIKELY TO REDUCE GAPS IN RACIAL DISPARITIES FACING BLACKS IN THE UNITED STATES. WE HAVE BEEN PARTNERING WITH GRANTMAKERS AROUND THE COUNTRY TO APPLY THIS FRAMEWORK TO THEIR INVESTMENTS. 126180 10450 CONNECTING LEADERS FELLOWSHIP (CLFP) - CLFP IS A YEAR-LONG EXPERIENCE DESIGNED TO SHARPEN THE SKILLS AND STRENGTHEN THE LEADERSHIP CAPACITY OF FOUNDATION STAFF, DONORS, AND TRUSTEES WHO ARE COMMITTED TO ASSISTING BLACK COMMUNITIES THROUGH PHILANTHROPY. FELLOWS HAVE THE OPPORTUNITY TO LEARN FROM SEASONED GRANTMAKERS AND PEERS ON A REGULAR BASIS, UNDERSTAND HOW TO BE MORE EFFECTIVE AGENTS FOR CHANGE WITHIN THEIR INSTITUTIONS, AND PARTICIPATE IN A NETWORK THAT FOCUSES ON INNOVATIVE SOLUTIONS TO COMMUNITY CHALLENGES. THE FELLOWSHIP BEGINS WITH A WEEK-LONG LEADERSHIP SUMMIT. IN ADDITION, FELLOWS CONDUCT A 360-DEGREE EVALUATION AND ARE ASSIGNED A LEADERSHIP COACH. EACH FELLOW IS REQUIRED TO COMPLETE A COMMUNITY-BASED LEARNING PROJECT DURING THE FELLOWSHIP YEAR, WHICH CAN BE VOLUNTEER WORK OR A RESEARCH PROJECT ON A TOPIC OF INTEREST. WE ADDED 10 NEW CLFP FELLOWS IN 2016, BOOSTING OUR NUMBERS TO 121. WE BROUGHT THE COHORT TOGETHER FOR OUR ANNUAL CLFP SUMMIT IN OAKLAND, CA. 2016 MARKED THE 50TH ANNIVERSARY OF THE BLACK PANTHER PARTY, WHICH WAS BORN IN OAKLAND. TECHNOLOGY, LED BY SILICON VALLEY HAS DRAMATICALLY CHANGED THE LANDSCAPE OF OAKLAND AND THE BAY AREA. THE SUMMIT PROVIDED THE FELLOWS WITH A UNIQUE OPPORTUNITY TO CONNECT HISTORICAL AND CONTEMPORARY ELEMENTS OF THE CITY, ITS LEADERS AND BLACK PRESENCE. 125759 SMART INVESTING -HAVING IDENTIFIED KEY BARRIERS THAT PREVENT INVESTMENT PROFESSIONALS OF COLOR FROM WORKING IN THE FIELD OF PHILANTHROPY, ABFE HAS OUTLINED A STRATEGY FOR INCREASING THE ENGAGEMENT OF MINORITY MANAGERS IN SEARCH ACTIVITY AND SELECTION. THIS ISSUE IS YET ANOTHER LAYER OF PHILANTHROPIC PRACTICES WHERE WE CONTINUE TO PROMOTE FAIR AND EQUITABLE HIRING, DECISION-MAKING AND ACCESS TO OPPORTUNITY. THIS WORK HIGHLIGHTS COLLATERAL BENEFITS NOT ONLY FOR THE FIELD OF PHILANTHROPY, BUT ALSO FOR BLACK AND OTHER COMMUNITIES OF COLOR THAT SHOULD NOT BE IGNORED, INCLUDING: WEALTH BUILDING IN COMMUNITIES OF COLOR; DEVELOPMENT OF A PIPELINE OF INDUSTRY PROFESSIONALS AND TRUSTEE LEADERSHIP FOR THE SECTOR; AND GROWTH OF PHILANTHROPISTS AND HIGH IMPACT DONORS IN THEIR RESPECTIVE COMMUNITIES. 96390 36334 MEMBERSHIP SERVICES -ABFE EQUIPS ITS MEMBERS AND PARTNERS WITH TOOLS AND RESOURCES TO RESPOND MORE EFFECTIVELY TO THE NEEDS OF BLACK COMMUNITIES AND TO ADDRESS ANTI-BLACK RACISM. ABFE USES ITS POSITION AND NETWORKS IN THE FIELD TO SHARE INFORMATION FOR THE EXPRESS PURPOSE OF INFLUENCING POLICIES AND PRACTICES IN THE FIELD THAT MAY HINDER THE SUCCESS OF BLACK PROFESSIONALS OR COMMUNITIES.OUR RESPONSIVE PHILANTHROPY IN BLACK COMMUNITIES (RPBC) FRAMEWORK FOR GRANTMAKING SUPPORTS THE DIGNITY OF COMMUNITIES AND OPTIMIZES INHERENT STRENGTHS TO ENSURE BETTER OUTCOMES FOR BLACK COMMUNITIES. ABFE ALSO OFFERS A VARIETY OF OPPORTUNITIES FOR MEMBERS AND OTHER PROFESSIONALS IN THE FIELD TO EXCHANGE INFORMATION AND IDEAS, AND TO CULTIVATE PRODUCTIVE RELATIONSHIPS THAT OFTEN RESULT IN LEARNING, CO-INVESTMENT, AND EXPANDED SOCIAL AND PROFESSIONAL OPPORTUNITIES AND COMMUNITIES. OUR PROFESSIONAL AND LEADERSHIP DEVELOPMENT PRIMARILY FOCUSED ON MEMBERS' INTERESTS, ABFE PROVIDES INFORMATION AND OTHER RESOURCES THAT INFORM GRANTMAKING STRATEGIES AND SUPPORT CAREER AND LEADERSHIP DEVELOPMENT FOR BLACK PROFESSIONALS IN THE FIELD. 90172 BLACK MEN & BOYS (BEYOND THE PLIGHT) -THE BLACK MEN AND BOYS WORK CONTINUES TO AFFORD US OPPORTUNITIES TO ENGAGE AND INFORM OUR MEMBERSHIP ABOUT THE ON-GOING WORK IN THIS SPACE. IN 2016 WE ENGAGED SEVERAL ACTIVITIES INCLUDING THE USE OF OUR ANNUAL CONFERENCE AS A PLATFORM TO CONTINUE THE FOCUS ON IMPROVING OUTCOMES FOR BLACK MEN AND BOYS: WE RELEASED A PRELIMINARY REPORT, FOCUSING ON STRATEGIES TO SUPPORT THE BLACK MALES ACROSS VARIOUS LIFE STAGES; WE OFFERED THE FIELD STRATEGIES TO BROADEN THE DISCUSSION ON BLACK MALES TO BE INCLUSIVE OF BLACK WOMEN AND GIRLS AND WE HOSTED WEBINARS TO EXPLORE ISSUES FACING BLACK MALES AS WELL AS THE OFTEN, NOT DISCUSSED ISSUES OF GENDER DIVERSITY. A MAJOR UNDERTAKING THIS YEAR WAS OUR CONVENING OF A DIVERSE POOL OF PRACTITIONERS, FROM AROUND THE COUNTRY TO HELP SHAPE THE REPORT "BEYOND PLIGHT: DEFINING PATHWAYS FOR OPTIMAL DEVELOPMENT FOR BLACK MEN & BOYS ACROSS THE LIFE COURSE". WE LOOK TO RELEASE THE REPORT IN 2017. 73204 BLACK SOCIAL CHANGE FUNDERS NETWORK (BSCFN) -IN 2016, WE CONTINUED BUILDING OUT THE BLACK SOCIAL CHANGE FUNDERS NETWORK, THOUGH VIRTUAL AND IN-PERSON CONVENINGS. THIS WAS A YEAR TO BUILD THE OVERALL OPERATIONAL ELEMENTS OF THIS WORK (ACTUALIZING STAFFING/SUPPORT NEEDS; COORDINATING THE BSCFN CALENDAR; ETC.). THE NETWORK GATHERED IN TWO IN-PERSON MEETINGS (BALTIMORE; ATLANTA) AS WELL AS CONVENED WITH THE CORE PLANNING TEAM, INCLUSIVE OF ABFE AND OUR PARTNER, HILL SNOWDON FOUNDATION, AS WELL AS SEVERAL OTHER PHILANTHROPIC LEADERS. THESE CONVENINGS LED TO THE DEVELOPMENT OF A PAPER ENTITLED "THE CASE FOR FUNDING INFRASTRUCTURE FOR BLACK-LED SOCIAL CHANGE." TO BE RELEASED IN EARLY 2017. 363453 82925 OTHER PROGRAMS-OTHER PROGRAMS INCLUDE THE WOMEN IN PHILANTHROPY (WIP) RETREAT, A LEADERSHIP CONVENING FOR WOMEN OF AFRICAN DESCENT WHO ARE LEADING IN THE FIELD OF PHILANTHROPY, LEVERAGE THE TRUST AND CATALYZING COMMUNITY GIVING 875158 129709 1858285 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 24 0 11 1 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NY IN X X JANET GUMBS VP FINANCE AND ADMIN 6463929877 42 BROADWAY FLOOR 20 NEW YORK NY 10004 MR GARY L CUNNINGHAM CHAIR 1.00 X X 0 0 0 MR SAMUEL CARGILE PHD VICE CHAIR 1.00 X X 0 0 0 MR KENNETH JONES TREASURER 1.00 X X 0 0 0 MR MARCUS MCGREW SECRETARY 1.00 X X 0 0 0 MS TOWALAME AUSTIN DIRECTOR 1.00 X 0 0 0 MR CEDRIC BROWN DIRECTOR 1.00 X 0 0 0 MR WILLIAM BUSTER DIRECTOR 1.00 X 0 0 0 MS LAUREN CASTEEL DIRECTOR 1.00 X 0 0 0 MS TRISTA HARRIS DIRECTOR 1.00 X 0 0 0 MS ROZ LEE DIRECTOR 1.00 X 0 0 0 MS ANTOINETTE MALVEAUX DIRECTOR 1.00 X 0 0 0 MR KENT MCGUIRE DIRECTOR 1.00 X 0 0 0 MS KAREN MCNEIL-MILLER DIRECTOR 1.00 X 0 0 0 MS ALVERTHA PENNY DIRECTOR 1.00 X 0 0 0 MS SUSAN TAYLOR BATTEN PRESIDENT & CEO 40.00 X 183633 0 1392 MR MARCUS WALTON COO 40.00 X 111145 0 17693 MS ERIKA DAVIES VP, EXTERNAL AFFAIRS 40.00 X 91607 0 20069 MS JANET GUMBS VP, FINANCE AND ADMINISTRATION 32.00 X 81612 0 13800 467997 0 52954 2 0 1 0 SPECIAL GATHERING LLC 503 E 36TH STREET BALTIMORE MD 21218 STRATEGIC/EVENT DEVELOPMENT MGMT 140500 1 280584 1512432 1793016 PROGRAM & LECTURE FEES 611710 348837 348837 JOBS CORNER REVENUE 541800 33335 33335 382172 1919 1919 2177107 382172 0 1919 X 60000 60000 520951 275076 132614 113261 385687 351148 11720 22819 5945 5477 198 270 70920 57075 7496 6349 67566 47133 10540 9893 380 380 14752 12434 2318 614368 518803 95565 73069 49733 13949 9387 20716 17461 3255 65736 46594 9874 9268 152820 140860 9568 2392 289984 267288 18157 4539 2670 1655 561 454 6577 4617 1011 949 MEMBERSHIP DUES 4817 2552 2265 REPAIRS & MAINTENANCE 4200 4200 STAFF DEVELOPMENT 1978 379 1085 514 2363136 1858285 322491 182360 45465 190055 526838 702352 1052264 596993 49164 21000 12741 15041 93610 93610 2670 0 4700 4700 1693842 1530141 105640 110072 122917 140813 228557 250885 X 265900 173242 1199385 1106014 1465285 1279256 1693842 1530141 -186029 0 X X 0 1 X 1 0 X 715627 1947889 910533 2101633 1793016 7468698 715627 1947889 910533 2101633 1793016 7468698 3275018 4193680 2157 2166 2195 1509 1919 9946 3625 2790 1323 7738 7486382 1059301 0.56020 0.57590 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2012 AMOUNT: $ 3,625. 2013 AMOUNT: $ 1,789. 2014 AMOUNT: $ 1,323. TRAVEL INCOME - 2013 AMOUNT: $ 1,001. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 93610 93610 0 0 X 2187107 10000 10000 2177107 0 2177107 2373136 10000 10000 2363136 0 2363136 PART X, LINE 2: THE ASSOCIATION RECOGNIZES THE EFFECT OF TAX POSITIONS WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT IS NOT AWARE OF ANY VIOLATIONS OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FROM INCOME TAX, NOR OF ANY EXPOSURE TO UNRELATED BUSINESS INCOME TAX THAT WOULD REQUIRE DISCLOSURE AND/OR RECOGNITION IN THE FINANCIAL STATEMENTS. THE ASSOCIATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE PHILANTHROPY PARTNER GRANT 10,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE PHILANTHROPY PARTNER GRANT 10,000. 1 ASIAN AMERICANSPACIFIC ISLANDERS IN PHILANTHROPY 300 FRANK H OGAWA PLAZA SUITE 256 OAKLAND CA 94612 943150064 501(C)(3) 10000 CHANGE PHILANTHROPY PARTNER GRANT EMERGING PRACTITIONERS IN PHILANTHROPY (TIDES CENTER) PO BOX 29907 SAN FRANCISCO CA 94129 943213100 501(C)(3) 10000 CHANGE PHILANTHROPY PARTNER GRANT FUNDERS FOR LGBTQ ISSUES 45 WEST 36TH STREET 8TH FL NEW YORK NY 10018 134144494 501(C)(3) 10000 CHANGE PHILANTHROPY PARTNER GRANT HISPANICS IN PHILANTHROPY 414 13TH STREET SUITE 200 OAKLAND CA 94612 943040607 501(C)(3) 10000 CHANGE PHILANTHROPY PARTNER GRANT NATIVE AMERICANS IN PHILANTHROPY 2801 21ST AVENUE SOUTH NO 132D MINNEAPOLIS MN 55407 561849598 501(C)(3) 10000 CHANGE PHILANTHROPY PARTNER GRANT WOMEN'S FUNDING NETWORK 156 2ND STREET SAN FRANCISCO CA 94105 411685134 501(C)(3) 10000 CHANGE PHILANTHROPY PARTNER GRANT 6 0 PART I, LINE 2: GRANTS WERE PROVIDED TO SUPPORT ALL SEVEN AFFINITY GROUP MEMBERS UNDER CHANGE PHILANTHROPY. TO BE ELIGIBLE FOR THE CHANGE PHILANTHROPY GRANT, ALL MEMBERS ARE REQUIRED TO ATTEND THE VARIOUS CHANGE PHILANTHROPY MEETINGS DURING THE YEAR. X X X X 0 0 0 0 0 0 0 0 0 MS SUSAN TAYLOR BATTEN PRESIDENT & CEO 183633 0 0 0 0 0 0 0 1392 0 185025 0 0 0 FORM 990, PART III, LINE 2 CHANGE PHILANTHROPY - IN 2016, ABFE BECAME THE FISCAL SPONSOR OF CHANGE PHILANTHROPY, FORMALLY KNOWN AS JOINT AFFINITY GROUPS. CHANGE PHILANTHROPY WAS FOUNDED IN 1993 TO UNIFY IDENTITY-FOCUSED PHILANTHROPIC AFFINITY GROUPS INTO AN EMPOWERED COALITION. COMING TOGETHER, ITS SEVEN CORE PARTNERS ARE WORKING TO INTEGRATE DIVERSITY, INCLUSION, AND SOCIAL JUSTICE INTO PHILANTHROPIC PRACTICE, TRANSFORMING THE SECTOR'S CULTURE TO BE ONE THAT EMBRACES EQUITY. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS THE FOLLOWING THREE CLASSES OF MEMBERSHIP: 1) PHILANTHROPIC, WHERE GRANTMAKING ENTITIES, INCLUDING: PRIVATE FOUNDATIONS, COMMUNITY FOUNDATIONS, CORPORATE GIVING PROGRAMS, UNITED WAY ORGANIZATIONS, DONOR ADVISED FUNDS AND GIVING CIRCLES. CURRENT STAFF, DONORS AND/OR TRUSTEES OF ELIGIBLE INSTITUTIONS MAY JOIN UNDER THIS CATEGORY; 2) NONPROFIT ORGANIZATIONS WITH 501(C)(3) STATUSES FROM THE IRS INCLUDING: EDUCATIONAL INSTITUTIONS, CIVIC AND FRATERNAL ORGANIZATIONS, FAITH INSTITUTIONS AND OTHER PUBLIC CHARITIES. CURRENT STAFF, TRUSTEES OR DONORS (PROOF OF DONATION REQUIRED) OF ELIGIBLE ORGANIZATIONS; AND 3) INDUSTRY PARTNERS WHICH INCLUDES ANY FIRM, CORPORATION OR OTHER BUSINESS ORGANIZATION THAT PROVIDES PROFESSIONAL SERVICES (EX. ADVISORY, CONSULTING OR MANAGEMENT) TO FOUNDATIONS AND IS INTERESTED IN THE OBJECTIVES OF ABFE. FORM 990, PART VI, SECTION A, LINE 7A THE ELECTION OF THE BOARD OF DIRECTORS IS SUBJECT TO APPROVAL BY THE MEMBERS. EACH YEAR AT ABFE'S ANNUAL MEMBERSHIP MEETING, A SLATE OF CANDIDATES TO SERVE ON ABFE'S BOARD IS ELECTED BY ELIGIBLE MEMBERS WITH VOTING PRIVILEGES, INCLUDING MEMBERS IN GOOD STANDING. FORM 990, PART VI, SECTION A, LINE 7B AT EVERY MEETING OF THE MEMBERSHIP, EACH MEMBER SHALL HAVE THE RIGHT TO CAST ONE VOTE ON EACH QUESTION. THE VOTE OF THE MAJORITY OF THOSE PRESENT SHALL DECIDE ANY QUESTION BROUGHT BEFORE SUCH MEETING, UNLESS THE QUESTION IS ONE UPON WHICH, BY LAW, THE ARTICLES OF INCORPORATION OR THE BY-LAWS, A DIFFERENT VOTE IS REQUIRED, IN WHICH CASE SUCH EXPRESS PROVISIONS SHALL GOVERN AND CONTROL. IN ADDITION, A NOTICE SHALL BE GIVEN TO THE MEMBERS OF THE CORPORATION, WHICH NOTICE SHALL INCLUDE A STATEMENT OF PROPOSED AMENDMENTS, BY THE BOARD OF DIRECTORS FOR THE MEMBERS' APPROVAL OF THE PROPOSED AMENDED BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE 990 IS PROVIDED ELECTRONICALLY BY EMAIL TO THE ORGANIZATION'S BOARD OF DIRECTORS BEFORE IT IS FILED. THE BOARD OF DIRECTORS REVIEWS AND PROVIDES FEEDBACK ON THE 990. THE FEEDBACK IS REVIEWED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ABFE HAS A CONFLICT OF INTEREST POLICY THAT APPLIES TO THE BOARD OF DIRECTORS AND OFFICERS. EACH MEMBER OF THE BOARD OF DIRECTORS MUST SIGN THE ORGANIZATION'S CONFLICT OF INTEREST STATEMENT UPON BECOMING A BOARD MEMBER. IN ADDITION, SITTING BOARD MEMBERS AND OFFICERS MUST ANNUALLY SIGN THE CONFLICT OF INTEREST STATEMENT AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST FOR EACH YEAR THAT THEY ARE ON THE BOARD. BOARD MEMBERS ARE ALSO ASKED TO PRESENT ANY CONFLICT OF INTEREST DURING THEIR FIRST REGULAR BOARD MEETING OF THE YEAR. ANY CONFLICT OF INTEREST NOTED WILL BE REVIEWED BY THE PRESIDENT, CHAIR, AND OTHER MEMBERS OF THE BOARD OF DIRECTORS AND IS HANDLED ON A CASE-BY-CASE BASIS, WHICH IS RECORDED IN THE BOARD MEETING MINUTES. IF AN ACTUAL CONFLICT EXISTS, INTERESTED PARTY WILL BE NOTIFIED IMMEDIATELY AND WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DECISION ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL SUCH TIME THERE IS NO LONGER A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 ABFE'S STAFF SALARIES IN TOTAL MUST BE APPROVED BY THE BOARD EACH YEAR ALONG WITH THE ANNUAL OPERATING BUDGET. THE SALARY RANGE FOR THE CEO WAS SET BY THE BOARD OF DIRECTORS BASED ON A SURVEY OF NONPROFIT EXECUTIVE SALARIES IN ORGANIZATIONS OF SIMILAR SIZE (BUDGET AND STAFF) IN THE NYC METROPOLITAN REGION. THE BOARD'S ANNUAL ASSESSMENT OF THE PRESIDENT'S PERFORMANCE IS USED TO DETERMINE SALARY ADJUSTMENTS. SALARY SURVEYS, INCLUDING SALARY DATA FOR SIMILAR ORGANIZATIONS IN THE NON-PROFIT SECTOR, ARE USED TO DETERMINE STAFF SALARIES. THIS PROCESS WAS LAST UNDERTAKEN IN 2016 ABFE'S STAFF SALARIES IN TOTAL MUST BE APPROVED BY THE BOARD EACH YEAR ALONG WITH THE ANNUAL OPERATING BUDGET. THE SALARY RANGE FOR THE CEO WAS SET BY THE BOARD OF DIRECTORS BASED ON A SURVEY OF NONPROFIT EXECUTIVE SALARIES IN ORGANIZATIONS OF SIMILAR SIZE (BUDGET AND STAFF) IN THE NYC METROPOLITAN REGION. THE BOARD'S ANNUAL ASSESSMENT OF THE PRESIDENT'S PERFORMANCE IS USED TO DETERMINE SALARY ADJUSTMENTS. SALARY SURVEYS, INCLUDING SALARY DATA FOR SIMILAR ORGANIZATIONS IN THE NON-PROFIT SECTOR, ARE USED TO DETERMINE STAFF SALARIES. THIS PROCESS WAS LAST UNDERTAKEN IN 2016 AND DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 ABFE MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY POSTING IT ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, FORM 990, AS WELL AS THE FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT 333 SEVENTH AVENUE, 14TH FLOOR, NEW YORK, NY 10001. FORM 990, PART IX, LINE 11G PROGRAM CONSULTING FEES: PROGRAM SERVICE EXPENSES 233,994. MANAGEMENT AND GENERAL EXPENSES 81,007. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 315,001. STRATEGIC/EVENT DEVELOPMENT MGMT : PROGRAM SERVICE EXPENSES 140,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 140,500. DESIGN/MEETING MGMT: PROGRAM SERVICE EXPENSES 50,700. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 50,700. COACHING SERVICE: PROGRAM SERVICE EXPENSES 11,375. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,375. PAYROLL SERVICE FEES: PROGRAM SERVICE EXPENSES 4,143. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,143. MARKETING CONSULTING FEES: PROGRAM SERVICE EXPENSES 32,504. MANAGEMENT AND GENERAL EXPENSES 6,059. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 38,563. OTHER CONSULTING FEES: PROGRAM SERVICE EXPENSES 45,587. MANAGEMENT AND GENERAL EXPENSES 8,499. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 54,086. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS HAS THE RESPONSIBILITY FOR OVERSIGHT AND REVIEW OF FINANCIAL STATEMENTS AND THE SELECTION OF INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.