2016-02-15T14:56:30-06:00 2015-06-30 650406502 DASZKAL BOLTON LLP 2401 NW BOCA RATON BLVD BOCA RATON FL 334316639 990 2014-07-01 650596803 OFFICE DEPOT FOUNDATION INC OFFI 5614388439 6600 NORTH MILITARY TRAIL NO C193 BOCA RATON FL 33496 MARY WONG PRESIDENT 5614388439 2016-02-15 1 MICHAEL I DASZKAL P00050966 5613671040 2014 2016-08-17 19:52:53Z MARY WONG 6600 N MILITARY TRAIL BOCA RATON FL 33496 8170969 0 X WWW.OFFICEDEPOTFOUNDATION.COM X 1994 IL THE MISSION OF THE OFFICE DEPOT FOUNDATION IS LISTEN, LEARN, CARE. 22 10 0 474 -11185 -11185 3654994 4992404 73077 0 181600 97902 238991 436089 4148662 5526395 1865328 1754479 0 0 0 0 0 0 175522 1459507 2018801 3324835 3773280 823827 1753115 4940932 7644307 332164 1345104 4608768 6299203 X THE MISSION OF THE OFFICE DEPOT FOUNDATION IS LISTEN, LEARN, CARE.IN KEEPING WITH OUR MISSION, LISTEN LEARN CARE, THE FOUNDATION'S "CARING AGENDA" FOCUSES ON THREE PRIMARY STRATEGIC PRIORITIES:1. GIVING CHILDREN TOOLS TO SUCCEED IN SCHOOL AND IN LIFE.2. BUILDING THE CAPACITY OF NONPROFIT ORGANIZATIONS THROUGH COLLABORATION AND INNOVATION.3. HELPING COMMUNITIES PREPARE FOR DISASTERS, AS WELL AS RECOVERING AND REBUILDING AFTERWARDS. 0 0 923169 923169 THE OFFICE DEPOT FOUNDATION'S AWARD-WINNING NATIONAL BACKPACK PROGRAM CELEBRATED ITS 14TH YEAR IN THE SUMMER OF 2014. BY THE END OF THE YEAR, MORE THAN 3.3 MILLION BACKPACKS AND SACKPACKS HAD BEEN DONATED SINCE THE INCEPTION OF THE PROGRAM IN 2001. DURING THE YEAR, THE FOUNDATION DONATED MORE THAN 283,000 COLORFUL, CHILD-FRIENDLY SACKPACKS TO NONPROFIT ORGANIZATIONS, SCHOOLS AND GOVERNMENT AGENCIES ACROSS THE UNITED STATES AND INTERNATIONALLY. THE SACKPACKS, WHICH CONTAIN ESSENTIAL SCHOOL SUPPLIES, NOT ONLY HELP STUDENTS PREPARE FOR SCHOOL, BUT THEY TRULY BRING HOPE TO CHILDREN WHOSE FAMILIES COULDN'T OTHERWISE AFFORD TO EQUIP THEM FOR SCHOOL. 358654 17365 A DAY MADE BETTER:IN LATE 2014 AND EARLY 2015, THE OFFICE DEPOT FOUNDATION CARRIED OUT A MAJOR INITIATIVE DESIGNED TO RECOGNIZE TITLE I AND OTHER HIGH-NEED ELEMENTARY SCHOOLS AND TEACHERS ACROSS THE COUNTRY FOR THEIR DEDICATION AND THE WORK THAT THEY DO TO INSPIRE CHILDREN TO LEARN. KNOWN AS A DAY MADE BETTER, THE PROGRAM ENABLED ASSOCIATES FROM LOCAL OFFICE DEPOT AND OFFICEMAX STORES ACROSS THE COUNTRY TO DONATE SCHOOL SUPPLIES AND OTHER ESSENTIAL ITEMS, CHILDREN'S BOOKS AND TREATS FOR TEACHERS AT SCHOOLS IN THEIR LOCAL COMMUNITIES. THE SUPPLIES AND OTHER ITEMS WERE DONATED THROUGH THE OFFICE DEPOT FOUNDATION'S CARING IS SHARING PRODUCT DONATION PROGRAM AS WELL AS BY VENDORS AND SUPPLIERS. THE PROGRAM WAS CARRIED OUT IN PARTNERSHIP WITH FEED THE CHILDREN, WHOSE VOLUNTEERS PACKAGED THE ITEMS INTO SPECIAL A DAY MADE BETTER BOXES. APPROXIMATELY 1,800 SCHOOLS WERE INVITED TO PARTICIPATE IN THE PROGRAM. IN ADDITION, SPECIAL PRESENTATIONS WERE MADE TO NONPROFIT ORGANIZATIONS THAT OFFER AFTER-SCHOOL PROGRAMS IN 16 CITIES. (A DAY MADE BETTER CONTINUED THE LEGACY OF A SIGNATURE PROGRAM THAT HAD BEEN OPERATED BY THE OFFICEMAX CHARITABLE FOUNDATION PRIOR TO THE COMPANY'S MERGER WITH OFFICE DEPOT.) 119514 118750 DISASTER RECOVERY:TO HELP SMALL BUSINESSES AND NONPROFIT ORGANIZATIONS PREPARE FOR NATURAL DISASTERS AS WELL AS RECOVER AND REBUILD IN THE AFTERMATH OF THESE TRAGIC EVENTS, THE OFFICE DEPOT FOUNDATION IS THE PRIMARY SPONSOR OF THE U.S. CHAMBER OF COMMERCE FOUNDATION CORPORATE CITIZENSHIP CENTER'S NATIONAL DISASTER HELP DESK FOR BUSINESS. THIS 24-HOUR, TOLL-FREE HOTLINE 1-888-MY-BIZ-HELP PROVIDES ESSENTIAL INFORMATION, EXPERT GUIDANCE AND CONNECTIONS TO INVALUABLE RESOURCES AT TIMES WHEN PEOPLE FEEL OVERWHELMED. THROUGH 2014, THE HELP DESK HAD FIELDED APPROXIMATELY 39,200 REQUESTS FOR ASSISTANCE SINCE ITS INCEPTION IN 2007. 8886 ALTHOUGH IT DID NOT TAKE PLACE DURING THIS SPECIFIC FISCAL YEAR, ANOTHER OF THE OFFICE DEPOT FOUNDATION'S SIGNATURE PROGRAMS IS ITS WEEKEND IN BOCA CIVIL SOCIETY LEADERSHIP SYMPOSIUM. THIS FREE SYMPOSIUM BRINGS NONPROFIT EXECUTIVES, EDUCATORS, GOVERNMENT OFFICIALS AND BUSINESS LEADERS TOGETHER TO HEAR NATIONALLY PROMINENT SPEAKERS ADDRESS TOPICS RELATED TO NONPROFIT INNOVATION, COLLABORATION AND SUSTAINABILITY. THE MOST RECENT WEEKEND IN BOCA SYMPOSIUM TOOK PLACE IN SEPTEMBER 2015. 1716178 645195 CARING IS SHARING PRODUCT DONATION PROGRAM:OFFICE DEPOT RECOGNIZES THE IMPORTANCE OF MINIMIZING WASTE AND STRIVES TO ENSURE THAT PRODUCTS THAT IT CAN NO LONGER SELL ARE PUT TO GOOD USE. THROUGH THE OFFICE DEPOT FOUNDATION'S CARING IS SHARING PRODUCT DONATION PROGRAM, UNSOLD ITEMS ARE COLLECTED FROM OFFICE DEPOT RETAIL STORES AND DONATED TO FEED THE CHILDREN, AN INTERNATIONALLY KNOWN NONPROFIT RELIEF ORGANIZATION. FEED THE CHILDREN, IN TURN, DONATES THE PRODUCTS TO NONPROFIT ORGANIZATIONS AND SCHOOLS ACROSS THE UNITED STATES AND IN OTHER COUNTRIES TO HELP THEM SUPPORT THEIR MISSIONS AND SAVE BUDGET DOLLARS FOR OTHER PRIORITIES. THE PROGRAM IS A TRIPLE WIN OFFICE DEPOT, THE RECIPIENT ORGANIZATIONS AND THE ENVIRONMENT ALL BENEFIT.CAPACITY BUILDING:THE OFFICE DEPOT FOUNDATION ASSISTS NONPROFIT ORGANIZATIONS IN CARRYING OUT THEIR ESSENTIAL WORK BY MAINTAINING AN ACTIVE GRANTS PROGRAM IN WELL-DEFINED PRIORITY AREAS, INCLUDING EDUCATION, DISASTER RELIEF AND NONPROFIT CAPACITY BUILDING. BETWEEN JULY 1, 2014, AND JUNE 30, 2015, THE OFFICE DEPOT FOUNDATION MADE GRANTS TOTALING $855,000 TO OVER 400 NONPROFIT ORGANIZATIONS THROUGH THIS PROGRAM.INCLUDING ALL OTHER PROGRAM SERVICES. 36852 DREAM UP CAREER EXPLORATION PROGRAM:IN COLLABORATION WITH THE USA TODAY CHARITABLE FOUNDATION, THE OFFICE DEPOT FOUNDATION'S DREAM UP CAREER EXPLORATION PROGRAM ENABLES MIDDLE SCHOOL STUDENTS TO START THINKING ABOUT THE FUTURE, SET REALISTIC AND ACHIEVABLE PERSONAL GOALS - AND BELIEVE THEIR DREAMS CAN BE FULFILLED. BETWEEN 2010 AND 2014, APPROXIMATELY 120,000 STUDENTS ACROSS THE U.S. RESEARCHED JOB POSSIBILITIES, WROTE ESSAYS ABOUT THEIR CHOSEN CAREERS AND HAD THE CHANCE TO EXPERIENCE "DREAM JOBS" RANGING FROM FIGHTER PILOT TO CHEMIST AND MANY MORE. BY INSPIRING YOUNG PEOPLE TO DREAM BIG DREAMS TODAY, THE FOUNDATION IS GIVING THEM HOPE FOR THE FUTURE. 55882 50000 IN 2015, THE OFFICE DEPOT FOUNDATION BECAME A MAJOR SPONSOR OF POSTITPOSITIVE.ORG - AN ANTI-CYBERBULLYING INITIATIVE COORDINATED BY WIRED SAFETY. THE PROGRAM IS INTENDED TO ENCOURAGE CHILDREN TO FIGHT CYBERBULLYING BY SUPPORTING FRIENDS AND CLASSMATES WITH POSITIVE NOTES AS WELL AS POSTING THESE NOTES ON A DEDICATED WEBSITE. 1817798 695195 3219135 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 1 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 8 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 X 22 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL FL AL AZ CT KS OR RI X X RAQUEL BARNES 5615586564 6600 N MILITARY TRAIL BOCA RATON FL 33496 X X KATHY SCHROEDER SECRETARY 2.00 X X 0 0 0 GLENN UBERTINO DIRECTOR 1.00 X 0 0 0 HENRY SAULS DIRECTOR 1.00 X 0 0 0 ERIN CARLSTROM DIRECTOR 1.00 X 0 0 0 LOUIS POKRIEFKA DIRECTOR 1.00 X 0 0 0 CHRISTINE BUSCARINO DIRECTOR 1.00 X 0 0 0 JOE SIBILIA DIRECTOR 1.00 X 0 0 0 KEVIN BURCH DIRECTOR 1.00 X 0 0 0 DR BERNADETTE RUSSELL DIRECTOR 1.00 X 0 0 0 MARK DOBOSZ DIRECTOR 1.00 X 0 0 0 TIM REA CHAIR 2.00 X X 0 0 0 ROB KOCH DIRECTOR 1.00 X 0 0 0 ANDREW PARRY DIRECTOR 1.00 X 0 0 0 RICHARD CRESPIN DIRECTOR 1.00 X 0 0 0 DARLENE QUASHIE HENRY DIRECTOR 1.00 X 0 0 0 BRIDGET WESTON POLLACK DIRECTOR 1.00 X 0 0 0 BRADLEY SEIGFREID DIRECTOR 1.00 X 0 0 0 TOM LYNCH DIRECTOR 1.00 X 0 0 0 RICHARD LELAND TREASURER 2.00 X X 0 0 0 RANDY PIANIN DIRECTOR 1.00 X 0 0 0 MINDY KRAMER DIRECTOR 1.00 X 0 0 0 NOLAN HARRISON III DIRECTOR 1.00 X 0 0 0 MELISSA BRADLEY DIRECTOR 0.00 X 0 0 0 ROBERT BALLOU FORMER TREASURER 0.00 X X 0 0 0 JOHN BABIAZ DIRECTOR 0.00 X 0 0 0 MARY WONG PRESIDENT - SEE PART VI NOTE 75.00 X 0 0 0 0 0 0 0 0 0 0 0 418718 2924569 1649117 4992404 60608 60608 724850 687556 37294 37294 37294 2372735 418718 1925461 447274 447274 20372 31557 -11185 -11185 5526395 0 -11185 545176 1735476 1735476 19003 19003 122973 63843 49012 10118 37670 19557 15014 3099 252157 130911 100499 20747 28342 26010 2332 241152 125198 96113 19841 46886 43028 3858 80459 65911 7928 6620 19637 10195 7826 1616 4395 4033 362 101294 92960 8334 8742 8023 719 PROMOTIONAL EXPENSES 439645 403472 36173 CONTRACT SERVICES 346527 306456 40071 SHIPPING & DELIVERY 80110 73519 6591 STORAGE 63205 58005 5200 145607 67568 68198 9841 3773280 3219135 378623 175522 1672847 3592341 108843 145678 227279 572141 38927 637887 997181 82111 10028 80106 72083 2213970 2225956 4940932 7644307 332164 555875 789229 332164 1345104 X 2574156 4325225 350047 278031 1684565 1695947 4608768 6299203 4940932 7644307 1753115 -62680 0 X X 0 1 X 1 0 X 4198610 5899415 2992067 3654994 4992404 21737490 4198610 5899415 2992067 3654994 4992404 21737490 11896887 9840603 83076 279056 120743 181600 97902 762377 22499867 127730 0.43740 0.41350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1684565 28557 17175 1695947 1703587 60000 155421 214374 20069 1684565 1695117 94539 66000 20069 1703587 2094861 2257 93751 480000 15752 1695117 2008412 12296 82955 8802 2094861 1.00000 0 0 67821 6456 61365 14290 3572 10718 72083 SECURITIES 2225956 F 2225956 X 7760021 -62680 339288 1957018 2233626 5526395 0 5526395 6069586 339288 1957018 2296306 3773280 0 3773280 PART X, LINE 2: THE FOUNDATION IS A NON-PROFIT CORPORATION, EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND ACCORDINGLY, GENERALLY WOULD NOT INCUR INCOME TAXES. AS A RESULT, THE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES. THE FOUNDATION RECORDS A LIABILITY FOR UNCERTAIN TAX POSITIONS WHEN IT IS PROBABLE THAT A LOSS HAS BEEN INCURRED AND THE AMOUNT CAN BE REASONABLY ESTIMATED. AT JUNE 30, 2015, THE FOUNDATION HAS NO LIABILITIES FOR UNCERTAIN TAX POSITIONS. THE FOUNDATION CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THE U.S. FEDERAL JURISDICTION IS THE MAJOR TAX JURISDICTION WHERE THE FOUNDATION FILES INCOME TAX RETURNS. THE FOUNDATION IS GENERALLY NO LONGER SUBJECT TO U.S. FEDERAL EXAMINATIONS BY TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 1,925,461. GIFT SHACK COST OF GOODS SOLD 31,557. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 1,925,461. GIFT SHACK COST OF GOODS SOLD 31,557. 0 0 0 0 0 0 0 0 0 REPUBLIC OF PANAMA HEALTH AND HUMAN SERVICES 10000 WIRE TRANSFER 1 1 0 0 0 0 0 0 INVITATIONAL 2517526 377629 2139897 6115 283552 418781 659036 SAMPLE SALE 64479 9672 54807 9139 69553 4 209448 31417 178031 479285 2791453 418718 2372735 6115 292691 418781 1207874 1925461 447274 1 AMERICAN YOUTH FOOTBALL LEAGUE 11240 HERON BAY BLVD 1415 CORAL SPRINGS FL 33076 203128405 501(C)(3) 10000 CIVIC AND COMMUNITY ARIZONA STATE UNIVERSITY 2325 E RIO SALADO PKWY TEMPE AZ 85281 850196696 501(C)(3) 5629 EDUCATION AND SCHOLARSHIP BOYNTON BEACH HIGH SCHOOL 4975 PARK RIDGE BLVD BOYNTON BEACH FL 33426 596000783 N/A 8000 HELPING CHILDREN GET READY FOR LIFE AND WORK. CITY OF HOPE 1055 WILSHIRE BLVD 11TH FLOOR LOS ANGELES CA 90017 953435919 501(C)(3) 50000 HEALTH AND HUMAN SERVICES COMMUNITY ANTI-DRUG COALITIONS OF AMERICA 625 SLATERS LANE STE 300 ALEXANDRIA VA 22314 541610317 501(C)(3) 5000 HEALTH AND HUMAN SERVICES FEED THE CHILDREN PO BOX 36 OKLAHOMA CITY OK 73101 736108657 501(C)(3) 20000 CIVIC AND COMMUNITY, HEALTH AND HUMAN SERVICES FOOD FOR THE POOR INC 6401 LYONS ROAD COCONUT CREEK FL 33073 592174510 501(C)(3) 31400 HEALTH AND HUMAN SERVICES FREEDOM SERVICE DOGS INC 2000 W UNION AVENUE ENGLEWOOD CO 80110 841068936 501(C)(3) 6000 HEALTH AND HUMAN SERVICES GEORGIA LAW CENTER ON HOMLESSNESS AND POVERTY 100 EDGEWOOD AVE NE STE 1625 ATLANTA GA 30303 581850632 501(C)(3) 5000 EDUCATION GREATER BOCA RATON CHAMBER OF COMMERCE 1800 N DIXIE HIGHWAY BOCA RATON FL 33435 590667561 501(C)(6) 7500 CIVIC AND COMMUNITY JUSTIN BARTLETT ANIMAL RESCUE PO BOX 210572 ROYAL PALM BEACH FL 33421 454828513 501(C)(3) 10925 CIVIC AND COMMUNITY KIDS IN NEED FOUNDATION 3077 KETTERING BLVD STE 114 DAYTON OH 45439 311437587 501(C)(3) 5000 EDUCATION LEON COUNTY HUMANE SOCIETY 413 TIMBERLANE RD TALLAHASSEE FL 32312 596138275 501(C)(3) 5000 CIVIC AND COMMUNITY NATIONAL GAY AND LESBIAN 1325 MASSACHUSETTS AVE STE 600 WASHINGTON DC 20005 561624852 501(C)(3) 7500 CIVIC AND COMMUNITY OAK GROVE ATHLETIC BOOSTER CLUB INC 605 SE 12TH STREET OAK GROVE MO 64075 582018120 501(C)(3) 10000 CIVIC AND COMMUNITY POINTS OF LIGHT 600 MEANS STREET SUITE 210 ATLANTA GA 30318 650206641 501(C)(3) 5000 CIVIC AND COMMUNITY SPIRIT OF GIVING NETWORK INC 261 NW 13TH STREET BOCA RATON FL 33432 650765570 501(C)(3) 5000 CIVIC AND COMMUNITY ST MARY'S HEALTHCARE SYSTEMS 427 GUY PARK AVENUE AMSTERDAM NY 12010 113574493 501(C)(3) 10000 HEALTH AND HUMAN SERVICES US CHAMBER OF COMMERCE 1615 H STREET NW WASHINGTON DC 20062 530045720 501(C)(6) 155712 CIVIC AND COMMUNITY VOLUNTEERMATCH 550 MONTGOMERY STREET 8TH FLOOR SAN FRANCISCO CA 94111 770395654 501(C)(3) 41875 CIVIC AND COMMUNITY WIREDSAFETY INC 185 HILLCREST AVE WYCKOFF NJ 07481 460577904 501(C)(3) 50000 EDUCATION 18 21 ASSOCIATE DISASTER RELIEF 19 19003 PART I, LINE 2: GRANT APPLICATIONS ARE SUBMITTED TO OFFICE DEPOT FOUNDATION, INC. AND A GRANT COMMITTEE REVIEWS EACH APPLICATION. IF A GRANT IS APPROVED, THE GRANTEE SUBMITS REQUIRED DOCUMENTATION ELECTRONICALLY. IN THIS DOCUMENTATION, THE GRANTEE DESCRIBES HOW THE FUNDS WERE USED AND CONFIRMS THE FUNDS WERE UTILIZED FOR THE INTENDED PURPOSE. FORM 990, PART VI, SECTION B, LINE 11 THERE IS A MEETING WITH THE ORGANIZATION'S INDEPENDENT CPA WHO PROVIDES A DRAFT OF THE FORM 990 FOR REVIEW WITH THE PRESIDENT AND RELEVANT STAFF. THE CPA THEN PRESENTS THE FORM 990 TO THE FINANCE COMMITTEE PRIOR TO SUBMITTING TO THE FULL BOARD OF DIRECTORS FOR APPROVAL AND SIGNING. FORM 990, PART VI, SECTION B, LINE 12C ON A YEARLY BASIS, EVERY BOARD MEMBER IS REQUIRED TO SIGN THE CONFLICT OF INTEREST FORM AT THE REVIEW OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT OF THE OFFICE DEPOT FOUNDATION IS AN OFFICE DEPOT, INC. EMPLOYEE ON LOAN TO THE OFFICE DEPOT FOUNDATION. THE PRESIDENT BEGINS THE PERFORMANCE REVIEW PROCESS BY PREPARING A PRE-REVIEW DOCUMENT AT THE END OF THE YEAR. THE EXECUTIVE COMMITTEE RECEIVES THE INFORMATION AND CONDUCTS THE YEARLY PERFORMANCE REVIEW OF THE PRESIDENT IN A MEETING WITH THE PRESIDENT. THE EXECUTIVE COMMITTEE PREPARES A WRITTEN PERFORMANCE REVIEW WHICH IS SHARED WITH THE VICE PRESIDENT AND ASSISTANT GENERAL COUNSEL TO OFFICE DEPOT, THE POSITION TO WHICH THE FOUNDATION PRESIDENT ADMINISTRATIVELY REPORTS WITHIN OFFICE DEPOT, INC. THE OFFICE DEPOT, INC. VICE PRESIDENT ACCEPTS THE PERFORMANCE REVIEW FROM THE EXECUTIVE COMMITTEE AND TOGETHER THEY PREPARE A MUTUALLY AGREED UPON REVIEW AND DETERMINE THE ANNUAL SALARY OF THE PRESIDENT WITHIN THE APPROPRIATE GUIDELINES SET BY OFFICE DEPOT, INC. THE PROCESS FOR DETERMINING THE COMPENSATION OF THE OFFICERS AND KEY EMPLOYEES FOLLOWS OFFICE DEPOT'S HIRING GUIDELINES. SERVICE ON THE BOARD IS VOLUNTARY, HOWEVER, IF A VOLUNTEER IS AN OFFICE DEPOT EMPLOYEE, THEN THE OFFICE DEPOT HIRING GUIDELINES ARE FOLLOWED. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS WERE NOT ON THE WEBSITE AT THIS POINT. SINCE THIS TIME ALL DOCUMENTS ARE POSTED FOR PUBLIC REVIEW. PART VII, SECTION B, LINE 15 THE PRESIDENT OF THE OFFICE DEPOT FOUNDATION IS AN OFFICE DEPOT, INC. EMPLOYEE ON LOAN TO THE OFFICE DEPOT FOUNDATION. THE PRESIDENT BEGINS THE PERFORMANCE REVIEW PROCESS BY PREPARING A PRE-REVIEW DOCUMENT AT THE END OF THE YEAR. THE EXECUTIVE COMMITTEE RECEIVES THE INFORMATION AND CONDUCTS THE YEARLY PERFORMANCE REVIEW OF THE PRESIDENT IN A MEETING WITH THE PRESIDENT. THE EXECUTIVE COMMITTEE PREPARES A WRITTEN PERFORMANCE REVIEW WHICH IS SHARED WITH THE VICE PRESIDENT AND ASSISTANT GENERAL COUNSEL TO OFFICE DEPOT, THE POSITION TO WHICH THE FOUNDATION PRESIDENT ADMINISTRATIVELY REPORTS WITHIN OFFICE DEPOT, INC. THE OFFICE DEPOT, INC. VICE PRESIDENT ACCEPTS THE PERFORMANCE REVIEW FROM THE EXECUTIVE COMMITTEE AND TOGETHER THEY PREPARE A MUTUALLY AGREED UPON REVIEW AND DETERMINE THE ANNUAL SALARY OF THE PRESIDENT WITHIN THE APPROPRIATE GUIDELINES SET BY OFFICE DEPOT, INC. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED. OFFICE DEPOT INC 6600 N MILITARY TRAIL BOCA RATON FL 33496 GLOBAL SUPPLIER OF OFFICE PRODUCT AND SERVICES. DE N/A C 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 OFFICE DEPOT INC C 2924569 OFFICE DEPOT INC N 339288 OFFICE DEPOT INC O