2017-02-07T08:59:29-06:00 2014-12-31 521511275 RAFFA PC 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2014-01-01 300126510 CENTER FOR AMERICAN PROGRESS CENT 2026821611 1333 H STREET NW 10TH FLOOR WASHINGTON DC 20005 SHANE BATEMAN CHIEF FINANCIAL OFFICER 2026821611 2017-02-07 1 FRANK H SMITH P00639053 2028225000 2017-02-07 2014 2021-01-29 14:40:06Z X SHANE BATEMAN 1333 H STREET NW 10TH FLOOR WASHINGTON DC 20005 45354221 0 X WWW.AMERICANPROGRESS.ORG X 2002 DC NON-PARTISAN RESEARCH AND EDUCATION DEDICATED TO ADVANCING PROGRESSIVE POLICY IDEAS. 10 8 396 9 6007 -3660 40013311 44515120 143130 88544 22431 53292 691522 499134 40870394 45156090 5326452 6946513 0 0 20190353 22224840 146125 128514 1100723 12350621 13125159 38013551 42425026 2856843 2731064 53153182 55526919 7847535 7606945 45305647 47919974 X THE CENTER FOR AMERICAN PROGRESS (CAP) IS AN INDEPENDENT NON-PARTISAN POLICY INSTITUTE THAT IS DEDICATED TO IMPROVING THE LIVES OF ALL AMERICANS, THROUGH BOLD, PROGRESSIVE IDEAS, AS WELL AS STRONG LEADERSHIP AND CONCERTED ACTION. OUR AIM IS NOT JUST TO CHANGE THE CONVERSATION, BUT TO CHANGE THE COUNTRY 0 0 17809686 548789 88544 POLICY PROGRAMS: PROJECTS WERE CONDUCTED IN AREAS OF ENERGY AND THE ENVIRONMENT, EDUCATION, HEALTH CARE, IMMIGRATION, OPEN GOVERNMENT, POVERTY, LGBT RIGHTS, AND WOMEN'S RIGHTS. IN ADDITION, THE ECONOMIC POLICY TEAM CONDUCTED PROJECTS RELATING TO MIDDLE CLASS ECONOMICS, TAX FAIRNESS, HOUSING, AND POST-SECONDARY EDUCATION. CAP'S NATIONAL SECURITY TEAM WORKED ON PROJECTS RELATING TO CHINESE AND MIDDLE EASTERN RELATIONS WITH THE U.S. 5642844 1908412 COMMUNICATIONS: THE COMMUNICATIONS TEAM ASSISTED THE WORK OF POLICY TEAMS BY PROVIDING PRESS, COMMUNICATIONS, AND EVENTS SUPPORT. IN ADDITION, THE COMMUNICATIONS TEAM PROVIDED GRANTS TO OTHER ORGANIZATIONS TO FURTHER CAP'S MISSION. 5221884 3965000 EXTERNAL RELATIONS: PROJECTS WERE UNDERTAKEN TO EDUCATE THE PUBLIC, POLICYMAKERS, OPINION LEADERS AND ADVOCATES; ANTICIPATE AND SHAPE THE NATIONAL DEBATE; AND CHALLENGE THE MEDIA TO COVER THE ISSUES THAT TRULY MATTER THROUGH A WIDE ARRAY OF DISSEMINATION CHANNELS, INCLUDING FAITH COMMUNITIES, CAMPUS ORGANIZATIONS, PRINT, BROADCAST, AND ONLINE MEDIA. IN ADDITION, IT PROVIDED GRANTS TO OTHER ORGANIZATIONS TO FURTHER CAP'S MISSION. 2293558 9299 ENOUGH! 2187099 255174 GENERATION PROGRESS 2081578 259839 WASHINGTON CENTER FOR EQUITABLE GROWTH 1470533 EXECUTIVE OFFICE 1176805 ART AND EDITORIAL 9209573 524312 37883987 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 305 0 1 396 1 1 1 0 0 0 0 1 1 0 0 0 0 X 10 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CT FL GA HI IL KS KY ME MD MA MI MN MS NV NH NJ NM NY NC ND OK OR PA RI SC TN UT VA WA WV WI X TOREY CARTER 2027416276 1333 H STREET NW 10TH FLOOR WASHINGTON DC 20005 SECRETARY MADELEINE ALBRIGHT DIRECTOR 1.00 X 0 0 0 CAROL BROWNER DIR. & DISTINGUISHED SENIOR FELLOW 39.00 X 98398 0 9122 SENATOR TOM DASCHLE DIRECTOR 1.00 X 0 0 0 GLENN HUTCHINS DIRECTOR 1.00 X 0 0 0 RICHARD LEONE DIRECTOR 1.00 X 0 0 0 SUSAN SANDLER DIRECTOR 1.00 X 0 0 0 TOM STEYER DIRECTOR 1.00 X 0 0 0 JOSE VILLARREAL DIRECTOR 1.00 X 0 0 0 HANSJORG WYSS DIRECTOR 1.00 X 0 0 0 JOHN PODESTA - UNTIL 012014 DIR., CHAIR, AND COUNSEL 36.00 X X 14502 0 2111 NEERA TANDEN PRESIDENT 37.00 X X 301274 0 38912 JOSEPH W SMOLSKIS TREASURER AND CFO - UNTIL 08/2014 20.00 X 117486 0 10572 CARMEL MARTIN EVP & TREASURER 39.00 X 226128 0 30689 DEBORAH L FINE SVP, GENERAL COUNSEL AND SECRETARY 32.00 X 156444 0 17207 ARKADI GERNEY SVP 36.00 X 142222 0 22720 DEBORAH HOLSTON ACTING SVP, FINANCE 32.00 X 115260 0 9668 LAWRENCE J KORB SENIOR FELLOW 40.00 X 205000 0 20437 JOHN NORRIS EXEC. DIR., SUSTAIN. SEC. & PEACEBLDG INT. 40.00 X 201854 0 22900 WINNIE STACHELBERG EVP, EXTERNAL AFFAIRS 36.00 X 198146 0 23724 JOHN PRENDERGAST FELLOW 40.00 X 179925 0 19384 HEATHER BOUSHEY CHIEF ECONOMIST 40.00 X 179443 0 19152 2136082 0 246598 51 0 1 0 VANBROWNECOM LTD 22 FORESTERS WALK STAMFORD BRIDGE YORK UK Y041 1BB POLICY CONSULTANT 195000 CATHLEEN KELLY 8 PINE AVENUE TAKOMA PARK MD 20912 POLICY CONSULTANT 192000 THREE LOL STRATEGIES LLC 1441 HARVARD STREET NW 25 WASHINGTON DC 20009 POLICY CONSULTANT 155530 PURPLE STRATEGIES LLC 815 SLATERS LANE ALEXANDRIA VA 22314 PUBLIC OPINION POLL 140000 JUDITH WARNER 5359 32ND STREET NW WASHINGTON DC 20015 POLICY CONSULTANT 112707 7 10152 866193 43638775 445536 44515120 PROGRAM SERVICE INCOME 900099 88544 88544 88544 53292 53292 62100 866193 195481 -133381 -133381 5334 2650 2684 2684 SUBLEASE INCOME 900099 506803 506803 OFFICE SHARING INCOME 900099 62859 62859 OTHER INCOME 900099 56846 56846 3323 3323 629831 45156090 88544 6007 546419 6946513 6946513 1312714 789189 427915 95610 17529651 15331309 1688119 510223 758632 670963 67644 20025 1265130 1089039 137053 39038 1358713 1162563 152186 43964 57709 37288 19694 727 43226 37871 4153 1202 128514 128514 4148635 4089709 18998 39928 2546 2546 977137 839330 99476 38331 956148 566951 369907 19290 2867856 2455283 319969 92604 1208945 1163435 14062 31448 1046578 1038752 5311 2515 517788 443413 57681 16694 111240 95251 12400 3589 PUBLIC OPINION ANALYSIS 408603 408603 COMMISSIONED PAPERS 380626 380626 MISCELLANEOUS 276279 222999 41600 11680 SUBSCRIPTIONS 121843 112354 4148 5341 42425026 37883987 3440316 1100723 8866913 6592968 28205183 30181881 9142916 12941433 269608 85094 10767 7738 1318450 1664584 9523201 6980827 2647609 2542374 250834 267365 2440902 1243482 53153182 55526919 2393002 2635466 5454533 4971479 7847535 7606945 X 26572737 27082511 18732910 20837463 45305647 47919974 53153182 55526919 X 2731064 -116737 X 0 1 X 1 0 X 36517866 33795845 38215459 40013311 44515120 193057601 36517866 33795845 38215459 40013311 44515120 193057601 46117543 146940058 403787 372227 549349 676309 560095 2561767 9577 10447 5162 25186 130794 303688 110466 128836 119705 793489 196438043 1472219 0.74800 0.69730 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2010 AMOUNT: $ 71,577. 2011 AMOUNT: $ 239,418. 2012 AMOUNT: $ 21,309. 2013 AMOUNT: $ 35,832. 2014 AMOUNT: $ 56,846. OFFICE SHARING INCOME - 2010 AMOUNT: $ 59,217. 2011 AMOUNT: $ 64,270. 2012 AMOUNT: $ 89,157. 2013 AMOUNT: $ 93,004. 2014 AMOUNT: $ 62,859. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 39780 37650 77430 42211919 42289349 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 167573 54642 32705 77430 332350 250000 250000 250000 250000 1000000 1500000 161726 53856 4686 39780 260048 4132005 2483644 1648361 2330217 2012679 317538 3060979 2484504 576475 2542374 TENANT DEPOSITS 21000 DEFERRED LEASE OBLIGATIONS 4683114 DEFERRED COMPENSATION OBLIGATION 267365 4971479 X 45354221 198131 198131 45156090 0 45156090 42623157 198131 198131 42425026 0 42425026 PART X, LINE 2: IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, INCOME TAXES, CAP HAS EVALUATED ITS INCOME TAX POSITIONS FOR THE YEARS ENDED DECEMBER 31, 2014 AND 2013, AND DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS EXIST AND, ACCORDINGLY, CAP HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED INCOME TAX. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 195,481. COST OF GOODS SOLD 2,650. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 195,481. COST OF GOODS SOLD 2,650. EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES PUBLIC POLICY RESEARCH 27112 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES PUBLIC POLICY RESEARCH 318906 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES PUBLIC POLICY RESEARCH 159933 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES PUBLIC POLICY RESEARCH 207 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 PROGRAM SERVICES PUBLIC POLICY RESEARCH 4065 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA, FASO, 0 7 PROGRAM SERVICES PUBLIC POLICY RESEARCH 221660 NORTH AMERICA 0 0 PROGRAM SERVICES PUBLIC POLICY RESEARCH 13888 0 7 0 0 0 7 745771 0 745771 0 0 0 0 0 1 X X X X X X 1 THE BONNER GROUP INC 729 15TH STREET NW SUITE 3 WASHINGTON DC 200052105 GENERAL FUNDRAISING SERVICES 0 1028109 128514 899595 1028109 128514 899595 AL AK AZ AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI ANNUAL DINNER 928293 866193 62100 99809 95672 928293 866193 62100 99809 95672 195481 -133381 1 CENTER FOR AMERICAN PROGRESS ACTION FUND 1333 H STREET NW 10TH FLOOR WASHINGTON DC 20006 300192708 501(C)(4) 3976225 0 PUBLIC EDUCATION AND ADVOCACY. CENTER FOR LAW AND SOCIAL POLICY 1200 18TH STREET NW SUITE 200 WASHINGTON DC 20036 237000150 501(C)(3) 590000 0 SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES. CENTER ON BUDGET AND POLICY PRIORITIES 820 FIRST STREET NE SUITE 510 WASHINGTON DC 20002 521234565 501(C)(3) 540000 SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES. GEORGETOWN UNIVERSITY LAW CENTER 600 NEW JERSEY AVENUE NW WASHINGTON DC 20001 530196603 501(C)(3) 300000 SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES. AMERICAN IMMIGRATION COUNCIL 1331 G STREET NW WASHINGTON DC 20005 521549711 501(C)(3) 100000 SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES. COLORADO CIVIC ENGAGEMENT ROUNDTABLE PO BOX 1620 DENVER CO 80201 020758897 501(C)(3) 75000 SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES. KEYSTONE PROGRESS EDUCATION FUND 2973 JEFFERSON STREET HARRISBURG PA 17110 264311107 501(C)(3) 75000 SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES. ONE IOWA EDUCATION FUND 419 SW 8TH STREET DES MOINES IA 50309 721613927 501(C)(3) 75000 SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES. STATE VOICES 500 GRISWOLD STREET SUITE 2850 DETROIT MI 48226 201115618 501(C)(3) 75000 SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES. TEXAS RESEARCH INSTITUTE PO BOX 2114 AUSTIN TX 78768 611639490 501(C)(3) 75000 SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES. ACCE INSTITUTE 3655 S GRAND AVENUE SUITE 250 LOS ANGELES CA 90007 271487442 501(C)(3) 56250 SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES. OHIO ORGANIZING COLLABORATIVE 25 E BOARDMAN STREET SUITE 428 YOUNGSTOWN OH 44503 261601472 501(C)(3) 55000 SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES. UNIVERSITY OF NC AT CHAPEL HILL 103 SOUTH BUILDING CAMPUS BOX 9100 CHAPEL HILL NC 275999100 566001393 501(C)(3) SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES. RUSSELL SAGE FOUNDATION 112 EAST 64TH STREET NEW YORK NY 10065 131635303 501(C)(3) 50004 SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES. UNIVERSITY OF MARYLAND 4101 CHESAPEAKE BUILDING COLLEGE PARK MD 20742 526002033 501(C)(3) 35000 SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES. THE BUD FEDERATION CIVIC FUND 33 SE 2ND AVENUE PORTLAND OR 97214 462465621 501(C)(3) 30000 SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES. TRUST FOR CONSERVATION INNOVATION 150 POST STREET SUITE 342 SAN FRANCISCO CA 94108 912166435 501(C)(3) 33047 SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES. ALBANY SOCIAL JUSTICE CENTER 33 CENTRAL AVENUE ALBANY NY 12210 222405608 501(C)(3) 25000 SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES. SOUTHERN VISION ALLIANCE 804 OLD FAYETTEVILLE STREET DURAHM NC 27701 611639641 501(C)(3) 20000 SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES. UC HASTINGS FOUNDATION 200 MCALLISTER STREET SAN FRANCISCO CA 94102 237135898 501(C)(3) 20000 SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES. THE BOARD OF REGENTS AT THE UNIVERSITY OF WISCONSIN SYSTEM 1180 OBSERVATORY DRIVE 3416 MADISON WI 537061320 391805963 501(C)(3) 16503 SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES. REGENTS OF THE UNIVERSITY OF CALIFORNIA 2195 HEARST AVENUE ROOM 159 BERKELEY CA 947201101 946002123 501(C)(3) 16500 SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES. THE NEW SCHOOL 79 5TH AVENUE 17TH FLOOR NEW YORK NY 10003 133297197 501(C)(3) 13000 SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES. THE UNIVERSITY OF MICHIGAN 3003 S STATE STEET ANN ARBOR MI 48109 386006309 501(C)(3) 10000 SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES. US ASSOCIATION FOR UNHCR 1775 K STREET NW SUITE 580 WASHINGTON DC 20006 521662800 501(C)(4) 8999 SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES. PRESIDENT AND FELLOWS OF HARVARD COLLEGE 1033 MASSACHUSETTS AVENUE THIRD FLOOR BOSTON MA 022415649 042103580 501(C)(3) 7500 SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES. 24 2 PART I, LINE 2: CAP REQUIRES GRANTEE ORGANIZATIONS TO REPRESENT, WARRANT AND AGREE: THAT IT WILL USE GRANT FUNDS SOLELY FOR PURPOSES CONSISTENT WITH CAP'S TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; THAT NO PORTION OF GRANT FUNDS WILL BE USED DIRECTLY OR INDIRECTLY TO EXPRESSLY OR IMPLICITLY SUPPORT OR OPPOSE ANY CANDIDATE SEEKING ELECTION TO PUBLIC OFFICE, OR PROVIDE A BENEFIT TO ANY POLITICAL PARTY OR CANDIDATE; THAT IT WILL ALLOW CAP'S STAFF OR REPRESENTATIVES TO CONDUCT EVALUATIONS AND AUDITS OF THE USE OF GRANT FUNDS, WHICH MAY INVOLVE VISITS TO OBSERVE, REVIEW AND DISCUSS ITS OPERATIONS, FINANCIAL RECORDS, AND OTHER MATERIALS CONNECTED WITH THE GRANTEE; AND THAT IT WILL SEND CAP FINAL FINANCIAL AND NARRATIVE REPORTS BY A DATE SPECIFIED IN THE ORIGINAL AWARD LETTER. CAP REQUIRES DONEE ORGANIZATIONS TO PROVIDE NARRATIVE AND FINANCIAL REPORTS THAT: ARE SIGNED BY AN OFFICER OF THE ORGANIZATION; DESCRIBE HOW THE FUNDS WERE SPENT AND WHAT WAS ACCOMPLISHED; AND TO PROVIDE A REASONABLY DETAILED ACCOUNT OF THE ACTIVITIES CONDUCTED BY THE GRANTEE IN PERFORMANCE OF THE AGREED UPON WORK. X X X X 0 0 0 0 0 0 0 0 0 NEERA TANDEN PRESIDENT 301274 0 0 0 0 0 27115 0 11797 0 340186 0 0 0 CARMEL MARTIN EVP & TREASURER 226128 0 0 0 0 0 18090 0 12599 0 256817 0 0 0 DEBORAH L FINE SVP, GENERAL COUNSEL AND SECRETARY 156444 0 0 0 0 0 12516 0 4691 0 173651 0 0 0 ARKADI GERNEY SVP 142222 0 0 0 0 0 11378 0 11342 0 164942 0 0 0 LAWRENCE J KORB SENIOR FELLOW 205000 0 0 0 0 0 10250 0 10187 0 225437 0 0 0 JOHN NORRIS EXEC. DIR., SUSTAIN. SEC. & PEACEBLD 201854 0 0 0 0 0 10093 0 12807 0 224754 0 0 0 WINNIE STACHELBERG EVP, EXTERNAL AFFAIRS 198146 0 0 0 0 0 15852 0 7872 0 221870 0 0 0 JOHN PRENDERGAST FELLOW 179925 0 0 0 0 0 8996 0 10388 0 199309 0 0 0 HEATHER BOUSHEY CHIEF ECONOMIST 179443 0 0 0 0 0 8972 0 10180 0 198595 0 0 0 X 11 445536 SALES PRICE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE DEPARTMENT WORKED DIRECTLY WITH AN INDEPENDENT ACCOUNTING FIRM TO PREPARE THE FEDERAL FORM 990 ON BEHALF OF CAP. THE FINANCE DEPARTMENT MANAGES THE PROCESS, WITH CLOSE COORDINATION WITH THE LEGAL DEPARTMENT. THE ACCOUNTING FIRM PROVIDED A DRAFT FEDERAL FORM 990, WHICH WAS THEN REVIEWED AND COMMENTED ON BY THE FINANCE DEPARTMENT, THE LEGAL DEPARTMENT AND THE CORPORATE OFFICERS. THE UPDATED DRAFT FEDERAL FORM 990 AND SUMMARY MATERIALS WERE THEN PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW AND CONSIDERATION ON BEHALF OF THE FULL BOARD OF DIRECTORS. THE AUDIT COMMITTEE WAS OFFERED THE OPPORTUNITY TO DISCUSS THE MATERIALS WITH CAP'S STAFF AND THE ACCOUNTING FIRM THAT PREPARED THE FEDERAL FORM 990. THE AUDIT COMMITTEE APPROVED THE DRAFT FEDERAL FORM, AND THE FULL BOARD OF DIRECTORS RECEIVED THE APPROVED VERSION OF THE FORM BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CAP IS COMMITTED TO PREVENTING OUTSIDE FINANCIAL INTERESTS OF ITS BOARD MEMBERS, OFFICERS OR EMPLOYEES FROM INFLUENCING ITS ACTIVITIES. TO THAT END, IT HAS ADOPTED AND ENFORCES POLICIES TO PREVENT CONFLICTS OF INTEREST AND THE APPEARANCE OF CONFLICTS OF INTEREST, INCLUDING SEPARATE POLICIES GOVERNING (1) OFFICERS, DIRECTORS, AND KEY EMPLOYEES; AND (2) ALL EMPLOYEES. COMPLIANCE WITH POLICIES GOVERNING OFFICERS, DIRECTORS AND KEY EMPLOYEES OFFICERS, DIRECTORS AND KEY EMPLOYEES (IF ANY) RECEIVE A COPY OF THE CONFLICT OF INTEREST POLICY ANNUALLY, AND ARE ASKED TO REVIEW THE POLICY AND SIGN AN ACKNOWLEDGEMENT AFFIRMING RECEIPT, REVIEW AND AGREEMENT TO COMPLY WITH THE POLICY, AS WELL AS UNDERSTANDING THAT CAP IS A CHARITABLE ORGANIZATION. IN ADDITION, OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE ASKED TO COMPLETE AN ANNUAL INDEPENDENCE QUESTIONNAIRE, WHICH SEEKS DISCLOSURE OF CERTAIN RELATIONSHIPS, ARRANGEMENTS AND TRANSACTIONS IN ORDER TO DETERMINE INDEPENDENCE AND THE EXISTENCE OF CONFLICTS OF INTEREST. THESE POLICIES DESCRIBE POTENTIAL CONFLICTS, PROVIDE MEANS FOR DISCLOSURE, AND PROVIDE PROCESSES FOR INVESTIGATING AND RESOLVING POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 IT IS THE POLICY OF CAP THAT THE PRESIDENT SUBMITS HIS OR HER RECOMMENDATIONS FOR COMPENSATION OF NEWLY HIRED SENIOR MANAGERS AT CAP TO THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS FOR APPROVAL WHEN, AMONG OTHER THINGS, THE RECOMMENDED SALARY EQUALS OR EXCEEDS AN INFLATION ADJUSTED THRESHOLD. FOR FELLOWS, THE BOARD OF DIRECTORS APPROVES A RANGE OF COMPENSATION, ADJUSTED ANNUALLY FOR INFLATION. SALARIES FOR HALF-TIME AND FULL-TIME FELLOWS AND FOR OTHER EMPLOYEES ARE PROPORTIONAL TO THIS PAY SCALE. THE PRESIDENT SUBMITS RECOMMENDATIONS FOR ANY FELLOW TO BE COMPENSATED OUTSIDE OF THIS RANGE. THIS POLICY WAS ESTABLISHED IN ORDER TO PREVENT PAYING EXCESSIVE COMPENSATION TO EMPLOYEES. TO THIS END, COMPENSATION RECOMMENDATIONS FOR NEW SENIOR STAFF OR FELLOWS ABOVE THE APPLICABLE INFLATION ADJUSTED THRESHOLD ARE SUBMITTED TO THE COMPENSATION COMMITTEE. THE RECOMMENDATION INCLUDES A JOB DESCRIPTION, INFORMATION ABOUT THE QUALIFICATIONS OF THE CANDIDATE, AND INFORMATION ABOUT WHAT COMPARABLE ORGANIZATIONS ARE PAYING FOR SIMILAR SERVICES. THE COMPENSATION COMMITTEE WILL CONSIDER AND MAY APPROVE THESE RECOMMENDATIONS. THE COMMITTEE DOCUMENTS THE BASIS FOR ITS DECISION WITH A CONTEMPORANEOUS RECORD THAT IS KEPT IN THE CORPORATION'S BOOKS AND RECORDS. ONCE COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS, THE PRESIDENT IS AUTHORIZED TO ADJUST THE SALARY LEVELS OF CERTAIN HIGHLY COMPENSATED EMPLOYEES AND FELLOWS WITHOUT APPROVAL BY THE COMPENSATION COMMITTEE WHEN (1) THE RELEVANT SUPERVISOR HAS COMPLETED AN EVALUATION OF THE EMPLOYEE'S OR FELLOW'S WORK AND IT WAS DETERMINED THAT HIS OR HER WORK "MET OR EXCEEDED EXPECTATIONS" FOR THAT POSITION; (2) THE PRESIDENT HAS REVIEWED RECENT DATA AS TO WHAT COMPARABLE ORGANIZATIONS ARE PAYING FOR SIMILAR SERVICES AND DETERMINED THAT THE ADJUSTED SALARY WOULD BE REASONABLE AND APPROPRIATE; (3) THE PRESIDENT HAS DETERMINED THAT THE ADJUSTMENT WOULD BE COMMENSURATE WITH OTHER HIGHLY COMPENSATED EMPLOYEES OR FELLOWS WITH SIMILAR RESPONSIBILITIES, AUTHORITY, AND PERFORMANCE WITHIN CAP; AND (4) THE SALARY INCREASE IS NOT MORE THAN 20% OF THE SENIOR STAFF OR FELLOW'S PER ANNUM SALARY, AND THAT THE TOTAL INCREASES OVER THREE YEARS NOT EXCEED 35%. THE COMPENSATION COMMITTEE IS COMPRISED OF INDEPENDENT DIRECTORS; ONLY MEMBERS WITHOUT A CONFLICT OF INTEREST VOTE FOR EACH RECOMMENDATION. FORM 990, PART VI, SECTION C, LINE 19 CAP MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. CAP'S GOVERNING DOCUMENTS ARE INCLUDED IN ITS FORM 1023, APPLICATION FOR RECOGNITION OF EXEMPTION UNDER SECTION 501(C)(3). CHANGES TO ITS GOVERNING DOCUMENTS ARE FILED WITH ITS ANNUAL FEDERAL FORM 990. BOTH FORMS AND THE FEDERAL FORM 990-T ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. CAP'S ANNUAL FEDERAL FORM 990 IS ALSO MADE AVAILABLE TO THE PUBLIC BY WAY OF THE ONLINE INFORMATION SERVICE, GUIDESTAR.ORG, AS WELL AS BY SOME OF THE STATES WHERE THE FORM 990 IS A REQUIRED SUBMISSION FOR REGISTRATION. CAP'S AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC THROUGH GUIDESTAR.ORG AND UPON REQUEST. FORM 990, PART XI, LINE 9: LOSS ON RETURN OF GRANT FUNDS -116,737. FORM 990, BOX B, AMENDED RETURN: CAP HAS AMENDED THE 2014 FEDERAL FORM 990 TO CORRECT AN ENTRY TO SCHEDULE B WHICH ALSO IMPACTS SCHEDULE A, PART II.