2016-11-02T18:28:56-05:00 2015-12-31 946214841 Armanino LLP 12657 Alcosta Blvd Ste 500 San Ramon CA 945834600 990 2015-01-01 521764268 Business for Social Responsibility BUSI 4159843200 88 Kearny Street 12th Floor San Francisco CA 94108 Mike Zeitouny CFO 4159843200 2016-10-27 1 John Panetta P00365375 9257902600 2015 2017-02-10 21:41:12Z Aron Cramer 88 Kearny Street 12th Floor San Francisco CA 94108 26198589 0 X www.bsr.org X 1991 DC To work with business to create a just and sustainable world. 11 10 78 10 0 0 3888673 10461353 16499693 15576409 2236 2857 220992 157970 20611594 26198589 0 0 0 0 11700594 12104465 0 0 0 8212448 8918998 19913042 21023463 698552 5175126 11120997 18298719 6985580 8988176 4135417 9310543 BSR is a global nonprofit organization that works with its network of more than 250 member companies to build a just and sustainable world. From its offices in Asia, Europe, and North and South America, BSR develops sustainable business strategies and solutions. 0 0 3021433 9464288 A leader in corporate responsibility since 1992, BSR works with its global network of more than 250 member companies to develop sustainable business strategies and solutions through consulting, research, and cross-sector collaboration. With six offices in Asia, Europe and North America, BSR uses its expertise in environment, human rights, economic development, and governance and accountability to guide global companies toward creating a just and sustainable world. 1478573 1499538 BSR conducted a number of conferences and seminars including an annual conference which brought together 1,000+ people from 35+ countries, representing business, NGOs, government, and academia. In sessions and trainings, BSR conference attendees heard from 100+ speakers on issues focused on the complex sustainability challenges facing the world. 570682 4612583 Members of BSR benefit from the insights, expertise, and relationships that have been built through years of hands-on work in the field. Members have access to a network of member companies, and thought leaders, peers, and stakeholders - all focused on creating viable sustainability solutions. BSR's dedicated and experienced team serves members by delivering actionable advice, thoughtful analysis, and innovative solutions. 11981471 0 11981471 17052159 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 68 0 1 78 1 0 1 FR CH HK DA 0 0 0 1 1 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 1 0 CA X X Satnam Nahai Global Controller 4159843250 88 Kearny Street 12th Floor San Francisco CA 94108 Alessandro Carlucci Board member 2.00 X 0 0 0 Anne-Marie Skov Board Member 2.00 X 0 0 0 Colin Le Duc Board Member 2.00 X 0 0 0 Geralyn Ritter Board Member 2.00 X 0 0 0 Jeff Seabright Board Member 2.00 X 0 0 0 Jeff Zalla Board Member 2.00 X 0 0 0 Karina Litvack Board Member 2.00 X 0 0 0 Mark Devadason Board Member 2.00 X 0 0 0 Richard Gillies Board Member 2.00 X 0 0 0 Robb Webb Board Member 2.00 X 0 0 0 Aron Cramer President & CEO 40.00 X X 302230 0 44555 Michael Zeitouny CFO 40.00 X 82812 0 8673 Eric Olson Senior VP 40.00 X 237277 0 26020 Laura S Gitman MANAGING DIRECTOR-ADVISORY 40.00 X 212651 0 25995 Jeremy Prescius Vice President 40.00 X 213193 0 0 Peder Michael Pruzan Jorgensen Vice President 40.00 X 260221 0 0 Farid Baddache Managing Director 40.00 X 151234 0 0 Dunstan Hope managing Director 40.00 X 195063 0 8930 Edward Cameron Director, Partnership Deve 40.00 X 194190 0 18087 Melanie Janin Managing Director 40.00 X 177693 0 26020 John Hodges Director 40.00 X 175564 0 25892 Alison Taylor Director 40.00 X 167522 0 16440 Faris Natour Director 40.00 X 147027 0 19515 Richard McConnell Director 40.00 X 131369 0 27375 Nadia Keshavjee Director 40.00 X 141873 0 8778 Sissel Waage Director 30.00 X 118471 0 26020 Alison Colwell Director 40.00 X 111172 0 9105 3019562 0 291405 17 0 1 0 Hyatt Regency San Francisco 5 Embarcadero Center San Francisco CA 94111 Conference Provider / Event Venue 514432 The Hartwell Group Inc 350 Forest Street Oakland CA 94618 Interim CFO 214571 Good Company Communications 904 Saint Helena Avenue Portland OR 97218 Conference Provider / Production 201193 Change Associates Ltd House- 4/1 Road 69 First Floor G Dhaka Bangladesh BG Project Work 184529 Armanino LLP PO Box 398285 San Francisco CA 941398285 Audit/Software Implementation 123902 5 859077 9602276 10461353 Consulting revenue 561499 9464288 9464288 Membership dues 561499 4612583 4612583 Conferences & seminars 561499 1499538 1499538 15576409 2857 2857 157970 0 157970 157970 157970 26198589 15576409 0 160827 3399113 3170353 228760 5762945 3820013 1942932 1557336 1298494 258842 1385071 1154860 230211 70129 70129 172852 172852 1964210 1530162 434048 29202 29202 243271 171176 72095 627284 559594 67690 1329272 1185831 143441 1939351 1908752 30599 559163 533028 26135 295290 263426 31864 151897 135506 16391 Production costs 513555 512817 738 Taxes and fees 480163 301328 178835 Miscellaneous 274178 245538 28640 Personnel Recruiting/de 218402 194834 23568 50779 37245 13534 21023463 17052159 3971304 0 3961046 6039965 501289 4245568 5076986 6094540 268264 697220 2000992 1241304 909447 759688 403965 461738 11120997 18298719 1986382 2084615 4142607 6155212 856591 748349 6985580 8988176 X 663118 -53216 3472299 9363759 4135417 9310543 11120997 18298719 5175126 0 X X 0 1 X 1 1 1 X 1743728 2205111 4273321 3888673 10461353 22572186 1743728 2205111 4273321 3888673 10461353 22572186 7359379 15212807 1180 4955 44766 222330 160827 434058 59878 59878 11430 1175 93888 898 107391 23173513 82689011 0.65650 0.75410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 92571 88391 4180 547468 303679 243789 1360953 849234 511719 759688 Deferred rent 591089 Capital lease obligation 6803 ACCRUED LIABILITIES 150457 748349 X 26233589 35000 35000 26198589 0 26198589 21058463 35000 35000 21023463 0 21023463 Part X, Line 2: The Organization has been granted tax-exempt status under Section 501(c)(3) of the Internal Revenue Code under Section 1(d) of Title II of the District of Columbia Department of Finance and Revenue Code, and under Section 23701(d) of the California Revenue and Taxation Code and generally is not subject to state or Federal income taxes. Taxes are paid on unrelated business income which arises from certain consulting services. The Organization had no engagements that qualified as unrelated business in 2015. The subsidiaries and Hong Kong branch of the Organization are all subject to income taxes in foreign jurisdictions. The Chinese subsidiary is a wholly-foreign-owned enterprise and the French subsidiary is a 1901 Association. Income tax expense is provided for based on management's estimates of tax liability in those jurisdictions. Tax expense recorded for foreign jurisdictions during 2015 was $72,309. BSR reviews and assesses tax positions taken or expected to be taken against the more-likely-than-not recognition threshold and measurement attributes for recognition on the consolidated financial statements. BSR's policy for evaluating uncertain tax positions is a two-step process. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates that it is more-likely-than-not that the position will be sustained upon audit, including resolution of related appeals or litigations processes, if any. The second step is to measure the tax benefit or liability as the largest amount that is more than 50% likely to be realized or incurred upon settlement. As the Organization is exempt from taxation under Section 501(c)(3) of the Internal Revenue Code and is generally not subject to Federal or state income taxes, the tax positions taken or expected to be taken by the Organization have not had a material impact on the consolidated financial statements. East Asia and the Pacific - 4 22 Program services Membership services and consulting 2267272 Europe (Including Iceland & Greenland) - 2 24 Program services Membership services and consulting 3886921 6 46 0 0 6 46 6154193 0 6154193 0 0 0 0 0 1 Part I, Line 2: Expenditures are processed by BSR's San Francisco, CA headquarters and require a receipt and valid business purpose. All employees are required to submit time sheets for all hours worked, with charges to the appropriate grant. All time sheets are reviewed by a supervisor prior to submission. X X 0 0 0 1 0 1 0 1 0 Aron Cramer President & CEO 278375 0 23855 0 0 0 19135 0 25420 0 346785 0 0 0 Eric Olson Senior VP 227199 0 10078 0 0 0 600 0 25420 0 263297 0 0 0 Laura S Gitman MANAGING DIRECTOR-ADVISORY 201776 0 10875 0 0 0 575 0 25420 0 238646 0 0 0 Jeremy Prescius Vice President 204314 0 8879 0 0 0 0 0 0 0 213193 0 0 0 Peder Michael Pruzan Jorgensen Vice President 245429 0 14792 0 0 0 0 0 0 0 260221 0 0 0 Farid Baddache Managing Director 143294 0 7940 0 0 0 0 0 0 0 151234 0 0 0 Dunstan Hope managing Director 187813 0 7250 0 0 0 425 0 8505 0 203993 0 0 0 Edward Cameron Director, Partnership Deve 186940 0 7250 0 0 0 600 0 17487 0 212277 0 0 0 Melanie Janin Managing Director 174068 0 3625 0 0 0 600 0 25420 0 203713 0 0 0 John Hodges Director 169764 0 5800 0 0 0 600 0 25292 0 201456 0 0 0 Alison Taylor Director 147522 0 20000 0 0 0 500 0 15940 0 183962 0 0 0 Faris Natour Director 141227 0 5800 0 0 0 450 0 19065 0 166542 0 0 0 Richard McConnell Director 128469 0 2900 0 0 0 600 0 26775 0 158744 0 0 0 Nadia Keshavjee Director 136073 0 5800 0 0 0 550 0 8228 0 150651 0 0 0 Part I, Line 7 Bonus accruals and payments are contingent upon meeting annual company and individual employee goals. Form 990, Part VI, Section B, line 11 The Form 990 is completed by the organization's independent accountant and reviewed by the Controller, Treasurer, and Audit Committee. The final Form 990 is provided to the board prior to filing. Form 990, Part VI, Section B, line 15 Compensation for the CEO and CAO are reviewed and established by the Board following a review of data from comparable organizations. Board members are independent with respect to the employees for whom compensation is being established. The compensation decision is documented by the Board. Form 990, Part VI, Section C, line 19 BSR discloses elements of its financial performance to the public via its annual report. Audited financial statements are also posted on the organization's website. Form 990, Part XII, Line 2c: The process has not changed from prior year. Business for Social Responsibility Room 2201-2202 22/F Universal Trade Hong Kong HK Membership services & consulting HK n/a n/a business for social responsibility 0 Business for Social Responsibility 85 Boulevard Haussmann Paris FR Membership & consulting FR Business for Social Responsibility C 1.00000 1 Business for Social Responsibility Vester Voldgade 8 2nd Copenhagen V DA Membership & consulting DA Business for Social Responsibility C 1.00000 1 Business for Social Responsibility Room 2009 Building A 411 Ruijin Shanghai CH Membership & consulting CH Business for Social Responsibility C 1.00000 1 Business for Social Responsibility Room A05 25/F West Tower Yangchen Guangzhou CH Membership & consulting CH Business for Social Responsibility C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Business for Social Responsibility-China R 516475 transfer records BUSINESS FOR SOCIAL RESPONSIBILITY-HONG KONG R 1083667 TRANsfer records BUSINESS FOR SOCIAL REsponsibility-FRANCE R 2106450 TRAnsfer records BUSiness for Social Responsibility-DENMARK R 936894 Transfer records