2017-11-07T15:02:34-06:00 2016-12-31 450250958 EIDE BAILLY LLP 1850 N CENTRAL AVE STE 400 PHOENIX AZ 850044624 990 2016-01-01 860197576 FRANK LLOYD WRIGHT FOUNDATION FRAN 4808602700 12621 N FRANK LLOYD WRIGHT BLVD SCOTTSDALE AZ 852592537 JOY HANSON COO/VP-FINANCE AND ADMIN. 4808602700 2017-11-02 1 BRENDA BLUNT P00075126 6022645844 2017-11-02 8.39.233.205 2017-11-02 10:07:41 US P 9524FF4397C50109D112FB0551D721C1C307B871 7C9951DA9E4C3FB44EC4DD64E65C3691A63F8C50 2016 2021-01-29 14:40:06Z STUART GRAFF 12621 N FRANK LLOYD WRIGHT BLVD SCOTTSDALE AZ 852592537 9730856 0 X WWW.FRANKLLOYDWRIGHT.ORG X 1965 AZ PRESERVE AND STEWARD TALIESIN, TALIESIN WEST, AND THE TALIESIN COLLECTIONS. (CONT'D ON SCH. O) SHAPE ARCHITECTURE AND DESIGN AT THE HIGHEST LEVEL. TRANSFORM PEOPLE'S LIVES THROUGH THE LIVING EXPERIENCE OF FRANK LLOYD WRIGHT'S BODY OF WORK. 11 11 168 54 0 0 2966289 1688252 5283659 4480453 92358 29790 909753 847298 9252059 7045793 0 0 0 0 4368886 4112983 0 0 537051 4121035 4164082 8489921 8277065 762138 -1231272 19717172 18688668 970234 1011931 18746938 17676737 X PRESERVING TALIESIN AND TALIESIN WEST FOR FUTURE GENERATIONS, AND INSPIRING SOCIETY THROUGH AN UNDERSTANDING AND EXPERIENCE OF FRANK LLOYD WRIGHT'S IDEAS, ARCHITECTURE AND DESIGN. 0 0 2698348 444782 FRANK LLOYD WRIGHT FOUNDATION SCHOOL OF ARCHITECTURE - THE FOUNDATION OFFERS A FULLY ACCREDITED MASTERS DEGREE PROGRAM IN ARCHITECTURE TO APPROXIMATELY 13 STUDENTS ANNUALLY. 1998533 BUILDING PRESERVATION - THE FRANK LLOYD WRIGHT FOUNDATION INVESTS CAPITAL AND CONSIDERABLE EFFORT IN ORDER TO PROTECT, MAINTAIN, AND RESTORE THE ARCHITECTURALLY HISTORIC STRUCTURES AND SPACES THAT COMPRISE ITS CAMPUSES IN BOTH SCOTTSDALE, ARIZONA AND SPRING GREEN, WISCONSIN. 1211263 3185008 PUBLIC TOURS AND ACCESS PROGRAM - THE FRANK LLOYD WRIGHT FOUNDATION OFFERS TOURS AND EDUCATIONAL OUTREACH PROGRAMS TO INCREASE PUBLIC AWARENESS OF THE WORKS OF FRANK LLOYD WRIGHT AND THE FIELD OF ARCHITECTURE. ABOUT 103,000 INDIVIDUALS VISIT THE HISTORIC SCOTTSDALE, ARIZONA LANDMARK ANNUALLY. 1558577 1644933 EXPENSE REVENUEBOOKSTORE $574,358 $794,270LICENSING PROGRAM $512,564 $743,776OUTREACH, PARTNERSHIPS & PUBS. $264,873 $98,904COLLECTIONS AND EXHIBITIONS $206,782 $7,983 1558577 1644933 7466721 1 1 0 0 0 0 1 1 0 1 1 0 0 1 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 76 0 1 168 1 0 0 0 0 0 1 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 1 1 0 AZ X X JOY HANSON 6028005441 12621 N FRANK LLOYD WRIGHT BLVD SCOTTSDALE AZ 852592537 ALANNA MACK CHAIR 10.00 X X 0 0 0 MAJA WESSELS VICE CHAIR 10.00 X X 0 0 0 JOHN CUMMERFORD SECRETARY 10.00 X X 0 0 0 RAY LIPMAN TREASURER 10.00 X X 0 0 0 ROBERT BARTHELMES TRUSTEE 10.00 X 0 0 0 JOEL BENKIE TRUSTEE 10.00 X 0 0 0 JEFFREY C GRIP TRUSTEE (THRU 4/2016) 10.00 X 0 0 0 SUSAN JACOBS-LOCKHART TRUSTEE 10.00 X 0 0 0 CATHERINE LENHART TRUSTEE 10.00 X 0 0 0 TK MCCLINTOCK TRUSTEE 10.00 X 0 0 0 SEAN RUSH TRUSTEE 10.00 X 0 0 0 JOHN STUBBS TRUSTEE (THRU 6/2016) 10.00 X 0 0 0 CHRISTOPHER THOMPSON TRUSTEE 10.00 X 0 0 0 STUART GRAFF CEO & PRESIDENT 40.00 X 235888 0 4311 SEAN MALONE CEO & PRESIDENT (THRU 1/2016) 40.00 X 40892 0 2976 LISA MURPHY VP OF FINANCE & COO 40.00 X 143081 0 6639 AARON BETSKY SCHOOL OF ARCHITECTURE, DEAN 40.00 X 156262 0 10662 DAVID OATES DIRECTOR OF LICENSING 40.00 X 123317 0 4348 699440 0 28936 4 0 1 0 180 DEGREES DESIGN INC 4955 N 7TH AVENUE PHOENIX AZ 85013 CONSTRUCTION/ARCHITECHURAL 184219 1 1688252 82452 1688252 PUBLIC TOURS & ACCESS 561520 3185008 3185008 LICENSING PROGRAM 900099 743776 743776 ARCHITECTURAL SCHOOL 611110 444782 444782 ANNUAL ACCESS FEE 900099 50000 50000 COLLECTIONS & EXHIBITIONS 900099 7983 7983 48904 48904 4480453 61737 61737 53028 0 53028 53028 53028 1894732 1904997 21682 -10265 -21682 -31947 -31947 1552654 758384 794270 794270 7045793 5274723 0 82818 598163 544440 18112 35611 2895709 2574949 124319 196441 16609 15335 327 947 334433 308509 6802 19122 268069 239307 10946 17816 46738 8383 38355 29600 5309 24291 407304 401336 5968 267028 215349 3438 48241 448942 411500 6819 30623 73782 62733 8482 2567 20605 20605 167885 161806 1234 4845 114611 108558 3662 2391 54190 46558 2246 5386 582251 553504 15684 13063 135037 108004 23071 3962 MAINTENANCE & REPAIRS 521484 519253 1804 427 BAD DEBT 204418 196633 1536 6249 PROGRAM ACTIVITIES 189220 156226 11929 21065 FOOD 146050 140488 1097 4465 754937 681628 18093 55216 8277065 7466721 273293 537051 475991 435573 836512 1198727 1575478 1064879 715894 480073 1037495 0 329262 248695 173472 207571 17856983 7991117 9952044 9865866 1899543 2411386 2721481 2775898 19717172 18688668 622293 628696 298124 353335 49817 29900 970234 1011931 X 16117344 15716332 2498924 1624432 130670 335973 18746938 17676737 19717172 18688668 -1231272 40870 120201 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 3 5.00 2 1 2 1 30023.00 1722026 1 2775898 X X X X 0 130670 200000 12233 6930 335973 130670 2 -2678 0 -2678 130670 130670 0 0 130670 120453 10217 4663 0 130670 118453 2000 2717 2717 120453 1.00000 0 0 870573 870573 9821575 5128398 4693177 4443009 2222566 2220443 2721826 640153 2081673 9865866 ARCHIVE, ART OBJECTS AND DRAWING LIBRARY 2775898 2775898 X 7956355 40870 131913 758384 931167 7025188 20605 20605 7045793 9026556 11712 758384 770096 8256460 20605 20605 8277065 PART II, LINE 9: THE CONSERVATION AND HISTORIC STRUCTURE EASEMENTS WERE PUT IN PLACE BY THE FOUNDATION ON PROPERTY WHERE TITLE WAS ALREADY HELD. THE EXPENSES ASSOCIATED WITH PLACING THE EASEMENTS WERE EXPENSED AS INCURRED. THE REAL PROPERTIES UPON WHICH THE EASEMENTS WERE PLACED ARE CARRIED ON THE FOUNDATION'S BOOKS AT HISTORIC COST. PART III, LINE 4: THE MAJORITY OF THE COLLECTIONS ARE PERSONAL ARTWORK AND DECORATIVE ITEMS ACQUIRED BY THE LATE FRANK LLOYD WRIGHT. THE COLLECTIONS ARE AVAILABLE BY APPOINTMENT FOR RESEARCH, EXHIBITION AND PUBLICATION. PART V, LINE 4: A PORTION OF FOUNDATION ENDOWMENTS EXIST FOR THE PURPOSES OF PROVIDING SCHOLARSHIPS TO DESERVING STUDENTS. INTEREST EARNED ON THE ENDOWMENTS ARE APPLIED TO SEVEN DIFFERENT SCHOLARSHIPS, EACH REPRESENTING A DIFFERENT AREA OF SCHOLARLY EXCELLENCE. IN 2016, THE FOUNDATION RECEIVED A $200,000 ENDOWED GIFT TO BE USED FOR SCHOOL CAPITAL IMPROVEMENTS. PART X, LINE 2: THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COGS INCLUDED IN EXPENSES FOR FINANCIAL STATEMENTS 758,384. PART XI, LINE 4B - OTHER ADJUSTMENTS: ROYALTY FEES NETTED WITH REVENUE FOR FINANCIAL STATEMENTS 20,605. PART XII, LINE 2D - OTHER ADJUSTMENTS: COGS INCLUDED IN EXPENSES FOR FINANCIAL STATEMENTS 758,384. PART XII, LINE 4B - OTHER ADJUSTMENTS: ROYALTY FEES NETTED WITH REVENUE FOR FINANCIAL STATEMENTS 20,605. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE FRANK LLOYD WRIGHT FOUNDATION SATISFIES THE PUBLICITY REQUIREMENT OF SECTION 4.02(1)(A) OF IRC REV. PROC 75-50 BY COMPLYING WITH SECTION 4.02 OF SUCH REV. PROC. AS IS PERMITTED BY 4.03(2)(B) THEREOF. THE FOUNDATION'S RACIALLY NONDISCRIMINATION INFORMATION BULLETINS, ETC. DEALING WITH STUDENT ADMISSIONS, PROGRAMS, AND SCHOLARSHIPS, READS AS FOLLOWS: NOTICE OF NONDISCRIMINATORY POLICY AS TO STUDENTS: THE FRANK LLOYD WRIGHT SCHOOL OF ARCHITECTURE ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS OF THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, SEX, NATIONAL POLICIES, ADMISSIONS POLICIES, SCHOLARSHIPS AND LOAN PROGRAMS AND ATHLETIC AND OTHER SCHOOL ADMINISTRATIVE PROGRAMS. ADDITIONALLY, THE FOUNDATION, PRIOR TO ITS ORGANIZATION AS A 501(C)(3) ORGANIZATION EFFECTIVE JULY 1, 1983, MAINTAINED A RACIALLY NONDISCRIMINATORY POLICY,(CONTINUED BELOW) SCHEDULE E, PART I, LINE 6 THE SCHOOL OF ARCHITECTURE RECEIVED PASS-THROUGH FEDERAL STUDENT FINANCIAL AID TITLE IV MONIES FOR THE STUDENTS. FORM 990, SCH E, PART II WHICH ENABLED IT TO QUALIFY FOR FEDERAL CONTRACTS AND PURCHASE ORDERS GOVERNED BY THE EQUAL OPPORTUNITY EMPLOYMENT LAWS, WITH AGENCIES SUCH AS THE U.S. POSTAL SERVICE, GENERAL SERVICES ADMINISTRATION, CORPS OF ENGINEERS, DEPARTMENT OF THE ARMY, AND THE BUREAU OF RECLAMATION. EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES 4 LICENSING CONTRACTS EUROPE 0 0 PROGRAM SERVICES 3 LICENSING CONTRACTS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 1 0 X X X 0 0 0 0 0 0 0 1 0 STUART GRAFF CEO & PRESIDENT 210888 0 25000 0 0 0 0 0 4450 0 240338 0 0 0 AARON BETSKY SCHOOL OF ARCHITECTURE, DEAN 156262 0 0 0 0 0 738 0 10126 0 167126 0 0 0 PART I, LINE 1A FOR THE CONVENIENCE OF THE SCHOOL THE DEAN WAS PROVIDED WITH ON CAMPUS HOUSING WHICH WAS APPROVED BY THE BOARD. PART I, LINE 7 BONUSES FOR THE CEO AND VICE PRESIDENTS ARE AWARDED BASED ON A VOTE OF THE EXECUTIVE COMMITTEE OF THE BOARD. THE VICE PRESIDENTS' BONUSES WERE BASED ON A RECOMMENDATION FROM THE CEO AND APPROVED BY THE BOARD. THE CEO'S BONUS WAS DECIDED BY THE EXECUTIVE COMMITTEE OF THE BOARD. THE 2016 BONUSES WERE AWARDED BASED ON A PERFORMANCE EVALUATION. THERE WAS A TOTAL BONUS POOL APPROVED BY THE BOARD OF DIRECTORS FOR THE ENTIRE ORGANIZATION WHERE OFFICERS COULD RECEIVE UP TO 15% OF THEIR BASE COMPENSATION. X 3 63462 FMV X FURNITURE 1 18450 COST X SKY LIGHT 1 540 COST 0 0 1 0 PART I, COLUMN (B): THE AMOUNT REPORTED IN COLUMN (B) IS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE IS COMPRISED OF THE CHAIRMAN, VICE CHAIR, TREASURER, SECRETARY AND A MEMBER-AT-LARGE, AS WELL AS THE PRESIDENT/CEO (WHO IS NON-VOTING). THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO GIVE DIRECTIONS TO STAFF, MAKE DECISIONS FOR THE ENTIRE BOARD AND MAY ENTER INTO CONTRACTS OR MAKE AGREEMENTS, IF NEEDED. IN PRACTICE, THE ENTIRE BOARD WILL BE CALLED FOR MATERIAL TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE 990 AND RELATED SCHEDULES ARE EMAILED TO ALL MEMBERS OF THE FINANCE COMMITTEE FOR REVIEW. UPON CONFIRMATION THAT THE FINANCE COMMITTEE DOES NOT RECOMMEND ANY FURTHER CHANGES, THE RETURN IS PROVIDED TO THE ENTIRE GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION'S CONFLICT OF INTEREST POLICY MUST BE CONSULTED AND SATISFIED PRIOR TO ENTERING INTO ANY TRANSACTION OR ARRANGEMENT COVERED BY THE POLICY. POTENTIAL CONFLICTS ARE REVIEWED BY THE NON-CONFLICTED TRUSTEES OR COMMITTEE MEMBERS AND THEY SHALL DECIDE IF A CONFLICT EXISTS. IF A CONFLICT IS DETERMINED TO EXIST, THE FOUNDATION WILL EXPLORE CONFLICT-FREE OPTIONS, AND IF SUCH OPTIONS ARE FEASIBLE, THEN THE DISINTERESTED TRUSTEES VOTE ON WHETHER OR NOT TO ENTER INTO THE CONFLICTED TRANSACTION OR ARRANGEMENT. AS OF AUGUST, 2017 AND GOING FORWARD, THE OFFICERS, TRUSTEES AND KEY EMPLOYEES OF THE FOUNDATION WILL ANNUALLY ACKNOWLEDGE THE POLICY AND DISCLOSE ANY INTEREST WHICH MAY BE IN CONFLICT IN WRITING. FORM 990, PART VI, SECTION B, LINE 15 FOR ALL SENIOR MANAGEMENT POSITIONS, THE FOUNDATION CONSULTS MARKET SURVEYS, AND EMPLOYS SLOTTING TECHNIQUES AND COMPARABILITY ANALYSIS IN THE DETERMINATION OF APPROPRIATE COMPENSATION. THIS PROCESS IS DONE ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAINTAINS A COPY OF ITS FORM 990 ON ITS OWN WEBSITE, LOCATED AT WWW.FRANKLLOYDWRIGHT.ORG AS WELL AS LISTING IT ON GUIDESTAR.ORG. THE RETURN IS ALSO ALWAYS IMMEDIATELY AVAILABLE UPON REQUEST. THE FOUNDATION'S ANNUAL REPORT IS POSTED ON THE COMPANY WEBSITE AND INCLUDES FINANCIAL INFORMATION. THE WEBSITE ALSO INCLUDES THE FOUNDATION'S MISSION AND VISION STATEMENT, AND LISTINGS OF THE BOARD OF TRUSTEES. ALL GOVERNING, TAXATION AND FINANCIAL DOCUMENTS, REQUIRED TO BE MADE PUBLIC, ARE AVAILABLE UPON WRITTEN, EMAILED, OR TELEPHONE REQUEST, OR, IF REQUESTED IN PERSON, AT THE COMPANY'S HEADQUARTERS IN SCOTTSDALE, ARIZONA.