2017-05-15T10:09:49-05:00 2016-06-30 951777440 GREEN HASSON & JANKS LLP 10990 WILSHIRE BLVD 16TH FLOOR LOS ANGELES CA 900243929 990 2015-07-01 951691005 HATHAWAY-SYCAMORES CHILD AND FAMILY SERVICES HATH 6263957100 210 S DELACEY AVENUE NO 110 PASADENA CA 911052074 DEBRA K MANNERS PRESIDENT/CEO 6263957100 2017-05-06 1 LAUREN A HAVERLOCK P00545829 3108731600 2015 2021-01-29 14:40:06Z DEBRA K MANNERS 210 S DELACEY AVENUE NO 110 PASADENA CA 911052074 54495271 0 X WWW.HATHAWAY-SYCAMORES.ORG X 1920 CA CULTIVATING HOPE & RESILIENCE TO ENRICH THE WELL-BEING OF CHILDREN, ADULTS, FAMILIES & COMMUNITIES. 20 20 844 399 0 0 50582358 52682090 1261552 1726950 924 76 22811 46095 51867645 54455211 656411 455252 0 0 42500108 42631817 0 0 556915 11269384 11231852 54425903 54318921 -2558258 136290 21025381 19979867 8155243 7497171 12870138 12482696 X HATHAWAY-SYCAMORES PROVIDES SERVICES TO EMOTIONALLY DISTURBED CHILDREN AND FAMILIES WITHIN THE COMMUNITY, I.E. TRANSITIONAL INDEPENDENT LIVING SERVICES & WORKABILITY PROGRAMS FOR YOUTH EMANCIPATING FROM THE FOSTER CARE SYSTEM. IN-HOME SERVICES OFFER MENTAL HEALTH & SUPPORT SERVICES THAT ALLOW CHILDREN WITH PROBLEM BEHAVIORS TO REMAIN AT HOME. SCHOOL-BASED MENTAL HEALTH SERVICES IN LOCAL PUBLIC SCHOOLS OFFER INDIVIDUAL, GROUP AND FAMILY THERAPY, CRISIS INTERVENTION, AND ASSESSMENT SERVICES. THERAPEUTIC BEHAVIORAL SERVICES, OUTPATIENT SERVICES, EDUCATIONAL SERVICES, PARTNERSHIPS AND COMMUNITY ENGAGEMENT (PACE), CONNECTIONS/WRAPAROUND, PSYCHOLOGICAL & PSYCHIATRIC SERVICES ARE ALSO PART OF THE AGENCY'S SERVICES. 0 0 36751572 DMHHOME-BASED SERVICES:IN-HOME SERVICES AND FULL SERVICE PARTNERSHIPS OFFER MENTAL HEALTH ANDSUPPORT SERVICES THAT ALLOW CHILDREN WITH PROBLEM BEHAVIORS TO REMAINAT HOME. A TEAM APPROACH PROVIDES A COMPREHENSIVE PACKAGE OF TOOLS ANDSOLUTIONS THAT ALLOW CHILDREN AND THEIR FAMILIES TO SUCCEED ON THEIROWN. IN-HOME FAMILY SERVICES (IHFS) IS DESIGNED TO SERVE "AT-RISKCHILDREN AND THEIR FAMILIES, INCLUDING FOSTER FAMILIES, AS THEY DEALWITH PROBLEM BEHAVIORS. IHFS UTILIZES A "WRAPAROUND" PHILOSOPHY THATFOCUSES ON THE NEEDS AND STRENGTHS OF THE CHILD AND FAMILY. THE MISSIONIS TO BRING A COMPREHENSIVE PACKAGE OF SOLUTIONS AND SUPPORT TO CLIENTSTHAT WILL ALLOW THEM TO REACH THEIR OWN GOALS AND GRADUALLY DISCONTINUEOUR SERVICES. WHILE WORKING AS A TEAM WITH THE FAMILY,HATHAWAY-SYCAMORES MAY PROVIDE THERAPY, LOOK FOR THE BEST SCHOOL FORTHE CHILD, DO RESEARCH OR WORK TO ENHANCE SOCIAL AND PARENTING SKILLS.OUTPATIENT/PSYCHIATRIC SERVICES:OUTPATIENT/PSYCHIATRIC SERVICES PROVIDE EASY ACCESS TO MENTAL HEALTHCARE AND CASE MANAGEMENT FOR BOTH LONG AND SHORT-TERM PROBLEMS FORCHILDREN AND FAMILIES LIVING IN LOS ANGELES COUNTY. INDIVIDUAL, FAMILYAND GROUP THERAPY, AND CRISIS INTERVENTION, AS WELL AS SERVICES FORLONGER TERM PROBLEMS ARE AVAILABLE. DIAGNOSTIC ASSESSMENT AND REFERRALSARE OFFERED. THIS PROGRAM SERVES CHILDREN FROM INFANCY TO AGE 21 ANDTHEIR FAMILIES. TREATMENT IS AVAILABLE FOR PHYSICAL OR SEXUAL ABUSE,SUICIDAL THOUGHTS OR ACTIONS, DISABLING BEHAVIORAL OR EMOTIONALSYMPTOMS AND MENTAL ILLNESS. THE STAFF IS PREPARED TO DEAL WITHPROBLEMS AT HOME, IN THE SCHOOL, OR IN THE COMMUNITY.SCHOOL-BASED SERVICES:MENTAL HEALTH SERVICES AT PUBLIC SCHOOLS, HATHAWAY-SYCAMORES SERVESLOCAL PUBLIC SCHOOLS OFFERING INDIVIDUAL, GROUP AND FAMILY THERAPY,CRISIS INTERVENTION, AND ASSESSMENT SERVICES FOR STUDENTS TO HELP THEMMANAGE STRESS AND ACHIEVE GREATER ACADEMIC SUCCESS. THE PROGRAMPROVIDES CRISIS INTERVENTION, INDIVIDUAL, GROUP AND FAMILY THERAPY FORSTUDENTS AND THEIR FAMILIES. THIS PROGRAM ALSO PROVIDES LINKAGESERVICES TO OTHER AGENCIES, IN-HOME FAMILY SUPPORT AND ACCESS TOMEDICATION SUPPORT. HAVING MENTAL HEALTH SERVICES AVAILABLE AT THESCHOOL SITES PROVIDES STUDENTS ACCESS TO MUCH NEEDED CARE ANDCOUNSELING THAT WOULD OTHERWISE BE UNAVAILABLE DUE TO TRANSPORTATIONDIFFICULTIES, FINANCIAL OR TIME CONSTRAINTS.THERAPEUTIC BEHAVIORAL SERVICES:THERAPEUTIC BEHAVIORAL SERVICES PROVIDES A ONE-TO-ONE THERAPEUTICCONTACT BETWEEN A MENTAL HEALTH PROVIDER AND A CHILD/YOUTH FOR ASPECIFIC SHORT PERIOD OF TIME. THE CONTACTS ARE DESIGNED TO MAINTAINTHE CHILD/YOUTH'S RESIDENTIAL PLACEMENT AT THE LOWEST APPROPRIATE LEVELBY RESOLVING TARGET BEHAVIORS AND ACHIEVING SHORT-TERM TREATMENT GOALS.HATHAWAY-SYCAMORES RECEIVES REFERRALS FROM MANY AGENCIES IN LA COUNTY,RESULTING IN OUR CURRENT STATUS AS ONE OF THE LARGEST TBS PROVIDER IN LA COUNTY. FAMILIES, FRIENDS AND COMMUNITIES PARTNER WITH HATHAWAYSYCAMORES TO ENGAGE IN A "TEAM" APPROACH TO DEVELOPING WINNING SOLUTIONS THAT ACHIEVE SUCCESSFUL OUTCOMES FOR THE INDIVIDUAL CHILD/YOUTH AND CAREGIVER. THE TEAM IS MADE UP OF KEY INDIVIDUALSIDENTIFIED BY THOSE INVOLVED IN THE CHILD'S LIFE. TEAM BUILDING IS ACCOMPLISHED THROUGH A SERIES OF PRE-SERVICE MEETINGS AND THEN INTENSIVE SCHEDULED CONTACTS WITH THE CHILD AND HIS/HER CAREGIVER, WITH THE GOAL OF RESOLVING TARGET BEHAVIORS AND ACHIEVING SHORT-TERM TREATMENT GOALS. 3508170 WRAPAROUNDDEVELOPED FOR HIGH-RISK YOUTH WITH SERIOUS EMOTIONAL AND BEHAVIORAL PROBLEMS; WRAPAROUND IS USED AS AN ALTERNATIVE TO RESIDENTIAL OR GROUP HOME INSTITUTIONAL CARE. THE GOAL IS TO KEEP THE CHILD AT HOME WHILE RECEIVING TREATMENT OR, IF THE CHILD IS ALREADY IN INSTITUTIONAL CARE, TO RETURN THEM HOME SOONER. THIS PROGRAM IS DESIGNED TO "WRAP" SERVICES AND SUPPORTS AROUND A CHILD AND FAMILY TO PREVENT THE CHILD FROM LEAVING HOME TO RECEIVE SERVICES. THIS PROCESS ENCOMPASSES A VARIETY OF PROGRAMS AND SERVICES BASED ON THE NEEDS OF THE CHILD AND FAMILY INVOLVED. THE PURPOSE OF WRAPAROUND IS TO ESTABLISH ONE WORKING PLAN EVEN IF THE CHILD IS RECEIVING SERVICES FROM OTHER AGENCIES IN ADDITION TO THE SERVICES PROVIDED BY HATHAWAY-SYCAMORES CHILD AND FAMILY SERVICES. IT OFFERS CHILDREN AND FAMILIES TEAM NETWORKING AND RESOURCE DEVELOPMENT, ONE-TO-ONE SUPPORT FOR PARENTS AND CHILDREN, CRISIS INTERVENTION, INDIVIDUAL AND FAMILY CLINICAL SERVICES, EDUCATIONAL SUPPORT SERVICES AND INTEGRATED PLANNING FOR LONG-TERM COMMUNITY RESOURCES. 1986812 RESIDENTIAL BASED SERVICES (RBS):RBS IS A PROGRAM IN CONJUNCTION WITH THE STATE OF CALIFORNIA DESIGNEDTO MOVE CHILDREN OUT OF RESIDENTIAL TREATMENT MORE QUICKLY AND BACKINTO THEIR OWN HOMES OR FOSTER/ADOPTIVE HOMES. THE RESIDENTIAL BASEDSERVICES SEEKS TO SHORTEN STAYS IN RESIDENTIAL TREATMENT BY DEVELOPINGA TREATMENT TEAM TO WORK WITH THE CHILD FROM HIS FIRST DAY INRESIDENTIAL CARE. THE TREATMENT TEAM WORKS WITH THE CHILD AND FAMILYDURING HIS STAY AS WELL AS AFTER HE IS DISCHARGED TO ENSURE THAT HESAFELY REMAINS IN THE HOME. OUR GOAL IS TO PROVIDE ALL OF OUR CHILDRENWITH SAFE, STABLE AND PERMANENT HOMES AND THUS HATHAWAY-SYCAMORES HASINTEGRATED THE PRINCIPLES OF BUILDING BRIDGES INITIATIVE. 7117198 455252 1726950 FOSTER CARE AND ADOPTION SERVICES:PROVIDE THERAPEUTIC PLACEMENTS FOR CHILDREN IN THE FOSTER CARE SYSTEMAND ADOPTIVE FAMILIES FOR SPECIAL-NEEDS CHILDREN IN LOS ANGELES COUNTY.EDUCATIONAL SERVICES:TO MEET THE EDUCATIONAL NEEDS OF STUDENTS WITH EMOTIONAL AND/ORLEARNING DISABILITIES WHO REQUIRE SPECIALIZED INSTRUCTION IN ANON-PUBLIC SCHOOL SETTING.MENTAL HEALTH SERVICES:PROVIDE INDIVIDUAL AND FAMILY COUNSELING AT HATHAWAY-SYCAMORES' FAMILYRESOURCE CENTER, LOCATED IN HIGHLAND PARK.OUTREACH PROGRAMS:PROVIDE AFTER-SCHOOL ENRICHMENT PROGRAMS FOR CHILDREN, ADULT EDUCATIONCLASSES, ACCESS TO COMMUNITY TECHNOLOGY CENTERS, AND OTHER PREVENTIONPROGRAMS DESIGNED TO HELP BREAK THE CYCLE OF POVERTY AND TO ENRICH ANDEMPOWER FAMILIES AND THEIR COMMUNITIES. 7117198 455252 1726950 49363752 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 107 0 1 844 1 0 0 0 0 0 1 1 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X JIM HUSER CFO 6263957100 210 S DELACEY AVE STE 110 PASADENA CA 91105 MICHAEL R GALPER CHAIR 1.00 X X 0 0 0 JOHN AMATO VICE CHAIR 1.00 X X 0 0 0 SCOTT HODGKINS BOARD MEMBER 1.00 X 0 0 0 BRADFORD FREER BOARD MEMBER 1.00 X 0 0 0 ELIZABETH HOXWORTH BOARD MEMBER 1.00 X 0 0 0 JANET HOTCHKIN-TINOCO BOARD MEMBER 1.00 X 0 0 0 LAINIE COONEY BOARD MEMBER 1.00 X 0 0 0 JENNIFER LE BLANC BOARD MEMBER 1.00 X 0 0 0 PAULETTE B LANG BOARD MEMBER 1.00 X 0 0 0 JAY GREAVES BOARD MEMBER 1.00 X 0 0 0 ALLEN ULIBARRI BOARD MEMBER 1.00 X 0 0 0 KEN GOLDSTEIN BOARD MEMBER 1.00 X 0 0 0 ROBERT LEWIS BOARD MEMBER 1.00 X 0 0 0 DAVID LEVY BOARD MEMBER 1.00 X 0 0 0 GAURAU MALHOTRA BOARD MEMBER 1.00 X 0 0 0 LILIA VILLARREAL BOARD MEMBER 1.00 X 0 0 0 TERI DALY LAUENSTEIN BOARD MEMBER 1.00 X 0 0 0 BESSIE RAMIREZ BOARD MEMBER 1.00 X 0 0 0 ANNSLEY STRONG BOARD MEMBER 1.00 X 0 0 0 JOHN DRINKER BOARD MEMBER 1.00 X 0 0 0 DEBRA K MANNERS PRESIDENT/CEO 40.00 X 248478 0 18736 JIM HUSER EVP OF OPERATIONS/CFO(AS OF 11/2015) 40.00 X 29394 0 821 ROBERT F MYERS EVP OF FUND DEVELOP. (UNTIL 9/2015) 40.00 X 193337 0 13343 STEVE SHAW EVP OF HUMAN RESOURCES 40.00 X 191695 0 11681 SAMUEL J HEINRICHS EVP OF PROGRAMS 40.00 X 177906 0 11724 TONYA NOWAKOWSKI EVP OF CLINICAL CARE (UNTIL 2/2016) 40.00 X 158328 0 15345 EMILY P MCGRATH SVP OF PROG. EVAL, RES., CLIN. TRAIN. 40.00 X 137548 0 9126 JOSEPH FORD VP OF PROGRAMS 40.00 X 129839 0 11639 WILLIAM P MARTONE FORMER PRESIDENT/CEO (UNTIL 03/2015) 40.00 X 145863 0 8705 CYNTHIA PERLEY FORMER EVP OF OPER/CFO(UNTIL 6/2015) 40.00 X 164778 0 4367 1577166 0 105487 30 1 1 0 FAY READ KAGAN MD 655 HAVERFORD AVENUE PACIFIC PALISADES CA 90272 PSYCHIATRIST 223022 COLIN DIAS 6888 GREUOBLE STREET TUJUNGA CA 91042 PSYCHIATRIST 109141 2 177429 51504045 1000616 82368 52682090 TUITION 611600 1726950 1726950 1726950 76 76 60885 177429 38075 22810 22810 4960 1985 2975 2975 MISCELLANEOUS INCOME 900099 20310 20310 20310 54455211 1726950 0 46171 455252 455252 523681 483638 35916 4127 33309676 30763816 2283269 262591 933504 861548 64655 7301 5458304 5037568 378046 42690 2406652 2221143 166686 18823 367284 367284 87965 87965 1138909 857601 280608 700 456506 386700 26765 43041 1771376 1699522 50226 21628 3188006 2852921 295892 39193 745246 737390 6436 1420 119700 77902 39998 1800 65298 65298 244025 242718 1307 571661 570494 1167 OPERATION COSTS 1927740 1783554 119684 24502 FOOD AND PROVISIONS 221875 216716 35 5124 TRAINING AND EDUCATION 160397 108025 52372 RECRUITING AND HIRING 60311 60311 105553 7244 16808 81501 54318921 49363752 4398254 556915 2275350 1337343 50280 50356 4369080 4994463 639276 652569 10764553 9339177 1555974 1425376 12135421 11519760 21025381 19979867 5612356 5956808 702887 1018656 1500000 340000 521707 8155243 7497171 X 9623782 9483297 829804 714829 2416552 2284570 12870138 12482696 21025381 19979867 X 136290 -523732 X 0 1 X 1 1 1 X 50781203 51726716 50723080 50582358 52682090 256495447 50781203 51726716 50723080 50582358 52682090 256495447 256495447 15424 71194 8667 1491 76 96852 25785 25785 37126 27356 23691 22811 20310 131294 256749378 6389976 0.99900 0.99870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2416552 -131982 2284570 3060990 -644438 2416552 2238380 822610 3060990 2144426 93954 2238380 2832509 -272165 415918 2144426 1.00000 1 0 579612 579612 4558657 3955788 602869 967232 908911 58321 4213231 4135802 77429 445821 338676 107145 1425376 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 10990403 BENEFICIAL INTEREST IN CHARITABLE REMAINDER TRUST 408299 DEPOSITS 121058 11519760 UNEMPLOYMENT RESERVE 521707 521707 53958101 24637 -523732 -499095 54457196 -1985 -1985 54455211 54345543 24637 1985 26622 54318921 0 54318921 PART V, LINE 4: INCOME FROM DONOR RESTRICTED DONATIONS IS USED FOR SCHOLARSHIPS AND GENERAL OPERATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN CHARITABLE REMAINDER TRUSTS 16,573. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS -540,305. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES -1,985. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 1,985. CELEBRATING CHILDREN 158695 122285 36410 4987 3718 19731 DINNERS FROM THE HEART 40416 15941 24475 9639 199111 138226 60885 4987 3718 29370 38075 22810 1 SPECIFIC ASSISTANCE TO INDIVIDUALS 646 262513 FMV N/A FOSTER PARENT PAYMENT 13 192739 FMV N/A PART I, LINE 2: ELIGIBILITY OF ASSISTANCE IS DETERMINED BY EACH PROGRAM. THE CRITERIA FOR SPECIFIC ASSISTANCE WILL THEN VARY BY THE CONSUMER NEEDS IDENTIFIED BY PROGRAM STAFF THAT ARE ALLOWABLE, REASONABLE, AND NECESSARY IN ACCORDANCE TO OUR FUNDING SOURCE GUIDELINES. THE ORGANIZATION MONITORS THE USE OF FUNDS THAT ARE PROVIDED TO INDIVIDUALS. X X 1 0 0 0 0 0 0 1 0 DEBRA K MANNERS PRESIDENT/CEO 248275 0 203 0 0 0 9103 0 9633 0 267214 0 0 0 ROBERT F MYERS EVP OF FUND DEVELOP. (UNTIL 9/2015) 193337 0 0 0 0 0 7946 0 5397 0 206680 0 0 0 STEVE SHAW EVP OF HUMAN RESOURCES 181492 0 10203 0 0 0 6328 0 5353 0 203376 0 0 0 SAMUEL J HEINRICHS EVP OF PROGRAMS 177703 0 203 0 0 0 7236 0 4488 0 189630 0 0 0 TONYA NOWAKOWSKI EVP OF CLINICAL CARE (UNTIL 2/2016) 158125 0 203 0 0 0 5110 0 10235 0 173673 0 0 0 WILLIAM P MARTONE FORMER PRESIDENT/CEO (UNTIL 03/2015) 145863 0 0 0 0 0 4610 0 4095 0 154568 0 0 0 CYNTHIA PERLEY FORMER EVP OF OPER/CFO(UNTIL 6/2015) 114778 0 0 0 50000 0 4367 0 0 0 169145 0 0 0 PART I, LINE 4A CYNTHIA PERLEY, FORMER CFO (UNTIL 6/2015) RECEIVED $50,000 BASED ON A SEVERANCE AGREEMENT. PART I, LINE 7 STEVE SHAW, EVP OF HUMAN RESOURCES RECEIVED A ONE TIME SIGN ON $10,000 BONUS. ALL EMPLOYEES WHO WERE STILL EMPLOYED AT THE END OF 2015, INCLUDING STEVE SHAW, RECEIVED A $203 BONUS DURING THE YEAR. SULLIVAN CURTIS MONROE LARRY WEBB, FORMER BOARD MEMBER, IS THE EVP OF SULLIVAN CURTIS MONROE. 136500 SULLIVAN CURTIS MONROE PROVIDED INSURANCE SERVICES TO THE ORGANIZATION DURING THE YEAR. 0 X 61035 FMV X 2 478 FMV X GIFT CARDS 74 15222 FMV X TICKETS 33 5633 FMV 0 1 0 PART I, COLUMN (B): NON CASH DONATIONS ARE LISTED BY TOTAL NUMBER OF DONOR CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE PRIOR TO FILING. AFTER ALL CHANGES ARE INCORPORATED, A COPY OF THE FORM 990 IS ALSO PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND LEADERSHIP WILL PREPARE AN ANNUAL CONFLICT OF INTEREST STATEMENT AFFIRMING THAT HE/SHE IS NOT ENGAGED IN ANY CONFLICT OF INTEREST ACTIVITY, OR DISCLOSING ANY ACTIVITY BY THE PREPARER WHICH MAY RESULT IN OR APPEAR TO BE A POSSIBLE CONFLICT OF INTEREST. THE CHIEF FINANCIAL OFFICER IS RESPONSIBLE FOR SENDING CONFLICT OF INTEREST STATEMENTS TO BOARD MEMBERS AND LEADERSHIP IN JANUARY AND ASSURING ALL FORMS ARE OBTAINED. ANY IDENTIFIED CONFLICTS WILL BE FORWARDED TO THE AUDIT COMMITTEE FOR REVIEW. THE CFO WILL MAINTAIN COPIES OF ALL CONFLICT OF INTEREST STATEMENTS FOR FUTURE REFERENCE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS IS RESPONSIBLE FOR SETTING AND REVIEWING COMPENSATION FOR THE PRESIDENT/CEO AND THE CFO OF THE ORGANIZATION INDEPENDENTLY, WITHOUT PARTICIPATION OF INTERESTED PARTIES. INDEPENDENTLY COMMISSIONED SALARY COMPARISONS AS WELL AS SALARY STUDIES CONDUCTED BY LOCAL, STATE AND NATIONAL ASSOCIATIONS ARE UTILIZED IN DETERMINING COMPARABLE SALARY DATA. THE PRESIDENT/CEO IS RESPONSIBLE FOR DETERMINING THE COMPENSATION FOR KEY EMPLOYEES BASED ON COMPARABLE DATA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN CHARITABLE REMAINDER TRUSTS 16,573. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS -540,305. FORM 990, PART VI, SECTION A, LINE 1: THE EXECUTIVE COMMITTEE IS A REGULAR COMMITTEE OF THE BOARD, AND HAS THE POWER AND AUTHORITY OF THE BOARD, AS DEFINED IN THE ORGANIZATIONAL BY-LAWS, TO ACT ON BEHALF OF THE FULL BOARD.