2015-11-06T16:53:09-06:00 2014-12-31 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2014-01-01 361505770 THE MORTON ARBORETUM MORT 6309680074 4100 ILLINOIS ROUTE 53 LISLE IL 605321293 JAMES S FAWLEY CFO 6307192405 2015-11-03 1 LU ANN TRAPP P01506476 3122071040 2015-11-03 2014 2016-03-07 17:11:31Z JAMES S FAWLEY 4100 ILLINOIS ROUTE 53 LISLE IL 605321293 95790300 0 X WWW.MORTONARB.ORG X 1922 IL COLLECT, STUDY, DISPLAY AND GROW TREES; ENCOURAGE THE PLANTING AND CONSERVATION OF TREES. 21 21 455 1276 -72847 -74862 11015089 14698897 3645655 4561863 13000444 30072895 4448790 4994248 32109978 54327903 266580 0 0 0 12864491 16163364 70064 74873 3245180 13985708 15486903 27186843 31725140 4923135 22602763 290663051 290453098 46228039 48160613 244435012 242292485 X TO COLLECT AND STUDY TREES, SHRUBS, AND OTHER PLANTS FROM AROUND THE WORLD, TO DISPLAY THEM ACROSS NATURALLY BEAUTIFUL LANDSCAPES FOR PEOPLE TO ENJOY AND STUDY, AND TO LEARN HOW TO GROW THEM IN WAYS THAT ENHANCE OUR ENVIRONMENT; TO ENCOURAGE THE PLANTING AND CONSERVATION... OF TREES FOR A GREENER, HEALTHIER, AND MORE BEAUTIFUL WORLD. 0 0 10106996 PLANT COLLECTIONS: CURATED COLLECTION OF 220,000 TREES AND OTHER WOODY PLANTS ENCOMPASSING TAXONOMIC AND GEOGRAPHIC GROUPS SUITABLE FOR CLIMATE OF NORTHERN ILLINOIS. MAINTAINED 1,700 ACRES OF LANDSCAPES, SPECIALTY GARDENS, AND NATURAL AREAS THROUGHOUT WOODLANDS, WETLANDS, AND PRAIRIE. MANAGED GROUNDS INCLUDING 16 MILES OF TRAILS AND 9 MILES OF ROADS. CONDUCTED OPERATIONS INVOLVING LIVING PLANT COLLECTIONS, PLANT PRODUCTION, NEW PLANT DEVELOPMENT, HORTICULTURE, LANDSCAPE ARCHITECTURE, AND NATURAL AREAS. MAINTAINED OUTDOOR AND INDOOR FACILITIES AND EQUIPMENT TO SUPPORT ARBORETUM OVERALL; UPGRADED WHERE NECESSARY TO IMPROVE VISITOR EXPERIENCE AND SUSTAINABILITY. 2550753 857280 EDUCATION AND INFORMATION: FOSTERED PUBLIC APPRECIATION FOR TREES BY MOTIVATING TREE CONSERVATION PRACTICE, IMPROVING NATURAL SCIENCE LITERACY, AND ENABLING ACCESS TO RELEVANT, EXPERT INFORMATION. OFFERED CLASSES AND WORKSHOPS ON HORTICULTURE AND GARDENING, WOODLAND STEWARDSHIP, NATURAL HISTORY, NATURE ART, NATURE PHOTOGRAPHY, AND ORNITHOLOGY. ENROLLED 36,000 PARTICIPANTS IN EDUCATION PROGRAMS, INCLUDING 32,000 YOUTH FROM 575 SCHOOLS IN FIELD TRIPS, SUMMER SCIENCE CAMPS, AND SCOUTING PROGRAMS. PROVIDED OUTREACH RESOURCES TO SCHOOLS AND TEACHERS. CHILDREN'S GARDEN, PLANT CLINIC, LIBRARY COLLECTION OF BOTANICAL LITERATURE AND ART, AND INTERPRETIVE DISPLAYS ENHANCED AUDIENCE KNOWLEDGE AND ENGAGEMENT. HELD MAJOR EXHIBITION TITLED ILLUMINATION: TREE LIGHTS AT THE MORTON ARBORETUM. COORDINATED... TREE-AWARENESS ACTIVITIES ON-SITE AND IN THE CHICAGO REGION IN CONJUNCTION WITH THE SIGNATURE HOLIDAY OF ARBOR DAY. 2334435 SCIENCE AND CONSERVATION: COLLABORATED WITH REGIONAL, NATIONAL, AND INTERNATIONAL PARTNERS ON INITIATIVES TO ADVANCE PLANTING AND CARE OF TREES, HEALTH OF URBAN FORESTS, AND PROTECTION OF ENDANGERED TREES. FURTHERED SCIENTIFIC RESEARCH STUDIES IN PLANT HEALTH CARE, PLANT CONSERVATION BIOLOGY, URBAN SOIL SCIENCE, AND PLANT SYSTEMATICS. DEVELOPED STRATEGIES THROUGH CHICAGO REGION TREES INITIATIVE FOR TREE AND URBAN FOREST IMPROVEMENT IN CITY AND SURROUNDING SUBURBS. SERVED AS AN ADVOCATE FOR TREES IN 275 COMMUNITIES IN SEVEN COUNTIES OF METROPOLITAN CHICAGO. FACILITATED ARBNET INTERACTIVE COMMUNITY OF ARBORETA AND RELATED ACCREDITATION PROGRAM, SUPPORTING GOALS OF TREE-FOCUSED PUBLIC GARDENS. AUTHORED PAPERS FOR PROFESSIONAL PUBLICATIONS, HOSTED MAJOR CONFERENCES, AND DELIVERED PRESENTATIONS... TO SHARE KNOWLEDGE WITH INDUSTRY PEERS AND OTHERS WHO BENEFIT FROM INFORMATION. MANAGED LABS DEDICATED TO TREE SCIENCE AND HERBARIUM (COLLECTION OF PRESERVED PLANT SPECIMENS) FOR BOTANICAL RESEARCH. 10329517 11040120 VISITOR PROGRAMS: WELCOMED 932,500 VISITORS, MAINTAINING THE INSTITUTION AS ONE OF THE MOST VISITED PUBLIC GARDENS IN NORTH AMERICA. SERVED MEMBERSHIP OF 39,250 HOUSEHOLDS. HOSTED VARIOUS SPECIAL EVENTS AND SEASONAL ACTIVITIES AS OPPORTUNITIES FOR NEW AND RETURNING VISITORS AND MEMBERS TO ENGAGE IN MISSION. PROVIDED PATRON SERVICES AND ACCOMMODATIONS THROUGH VISITOR ORIENTATION CENTER, TOURS, STORE, RESTAURANT, AND BANQUET AND CONFERENCE FACILITIES. 10329517 11040120 25321701 1 1 0 1 0 0 0 1 0 1 1 1 0 0 0 1 1 0 0 0 1 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 134 0 1 455 1 0 0 0 0 0 1 1 0 0 0 0 X 21 21 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X X JAMES S FAWLEY 6307192405 4100 ILLINOIS ROUTE 53 LISLE IL 60532 DARRELL B JACKSON CHAIRMAN 8.00 X X 0 0 0 ANNA CAROLINE BALL VICE CHAIRMAN 8.00 X X 0 0 0 JOHN W OLENICZAK TREASURER 8.00 X X 0 0 0 ANN GRUBE SECRETARY 8.00 X X 0 0 0 WALTER W BECKY II TRUSTEE 8.00 X 0 0 0 CHRISTOPHER B BURKE TRUSTEE 8.00 X 0 0 0 MARY L BURKE TRUSTEE 8.00 X 0 0 0 JAMES F DICKERSON TRUSTEE 8.00 X 0 0 0 ROBERT L FEALY TRUSTEE 8.00 X 0 0 0 STEPHEN C GIESER TRUSTEE 8.00 X 0 0 0 K'LYNNE JOHNSON TRUSTEE 8.00 X 0 0 0 KENNETH KORANDA TRUSTEE 8.00 X 0 0 0 AMY LOUIS TRUSTEE 8.00 X 0 0 0 CHARLES P MCQUAID TRUSTEE 8.00 X 0 0 0 TIMOTHY M MURRAY TRUSTEE 8.00 X 0 0 0 HENRY B PEARSALL TRUSTEE 8.00 X 0 0 0 W ROBERT REUM TRUSTEE 8.00 X 0 0 0 ROBERT J SCHILLERSTROM TRUSTEE 8.00 X 0 0 0 STEPHEN C VAN ARSDELL TRUSTEE 8.00 X 0 0 0 ROBERT S WASSERMAN TRUSTEE 8.00 X 0 0 0 JOSEPH L WEIDENBACH TRUSTEE 8.00 X 0 0 0 GERARD T DONNELLY PHD PRESIDENT AND CEO 40.00 X 354706 0 75679 JAMES S FAWLEY VP OF FINANCE AND CFO 40.00 X 164008 0 17458 JILL KOSKI VP OF DEVELOPMENT 40.00 X 194961 0 34380 SUSAN WAGNER VP OF EDUCATION AND INFORMATION 40.00 X 158387 0 10343 JENNIFER GOODSMITH VP OF MARKETING 40.00 X 146547 0 28746 KRIS BACHTELL VP OF COLLECTIONS AND FACILITIES 40.00 X 143369 0 49560 NICOLE CAVENDER VP OF SCIENCE AND CONSERVATION 40.00 X 136402 0 27666 KELLY VANTINE MAJOR GIFTS OFFICER 40.00 X 118922 0 19050 RICHARD HOOTMAN DIRECTOR OF VISITOR SERVICES 40.00 X 112760 0 23052 GARY WATSON HEAD OF RESEARCH 40.00 X 109948 0 42777 SAI RAVICHANDRAN DIRECTOR OF INFORMATION TECHNOLOGY 40.00 X 111218 0 6731 RALPH GRIECO HEAD OF FACILITIES 40.00 X 100471 0 8219 1851699 0 343661 12 0 1 0 INTELLIGENT LIGHTING CREATIONS 2461 E OAKTON ST ARLINGTON HEIGHTS IL 60005 EVENT LIGHTING PRODUCTION 625252 ARAMARK CORPORATION 1101 MARKET ST PHILADELPHIA PA 19107 FOOD SERVICE MANAGEMENT 538039 KELLY SCOTT & MADISON 35 E WACKER DRIVE CHICAGO IL 60601 ADVERTISING 465750 BUCK SERVICES INC 256 W ROOSEVELT RD CHICAGO IL 60185 JANITORIAL 347504 LUKASIK & ASSOCIATES 1044 WESTERN AVE FLOSSMOOR IL 60422 CONSTRUCTION DESIGN & MGMT 343924 19 3634215 204267 531381 10329034 2114114 14698897 VISITOR EVENTS 713990 2565264 2565264 ADMISSIONS 713990 1139319 1139319 EDUCATION 713990 857280 857280 4561863 6513649 -72847 6586496 748930 0 748930 748930 748930 62651954 39092708 23559246 23559246 23559246 28400 204267 109713 -81313 -81313 6586607 2259976 4326631 4326631 54327903 9637424 -72847 30064429 1488773 683982 573315 231476 10782791 8341659 1208949 1232183 620499 480024 69569 70906 2377158 1838990 266523 271645 894143 691716 100251 102176 257182 257182 70493 70493 395071 152238 148092 94741 12000 12000 74873 74873 219178 219178 2574327 2009110 78035 487182 566689 549871 8716 8102 3402256 2855100 70059 477097 279648 279648 1771228 1758773 12455 168890 145455 7480 15955 269022 74327 60867 133828 262033 262033 2655800 2562323 92141 1336 349855 349855 CONTRACT HELP 1835750 1835750 EQUIPMENT 208823 201651 7172 STAFF DEVELOPMENT 90282 27888 49599 12795 MEMBERSHIP DUES 67830 24383 28971 14476 30546 213 13924 16409 31725140 25321701 3158259 3245180 330534 1465513 3745062 2857510 561548 4044207 380219 420067 337383 390163 67213 72560 74989310 37311690 38889199 37677620 201565574 196241750 44514440 47022725 271879 260983 290663051 290453098 3240872 5083913 987167 1076700 42000000 42000000 46228039 48160613 X 235350855 227006543 7817881 14019666 1266276 1266276 244435012 242292485 290663051 290453098 22602763 -24745290 0 X 0 1 X 1 0 X 6363897 5746513 6899051 11015089 14698897 44723447 6363897 5746513 6899051 11015089 14698897 44723447 1324255 43399192 8120792 10988498 7018176 5675777 7262579 39065822 83789269 44991135 0.51800 0.44620 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 12000 12000 0 PART II-B, LINE 1: A CONSULTANT WAS HIRED TO INVESTIGATE POSSIBLE AVAILABLE SOURCES OF FUNDING ON THE STATE GOVERNMENT LEVEL. X X X X X CLASSROOM EDUCATION 0 17186015 4190026 394002 1555956 20214087 11965668 4536411 1179395 495459 17186015 10173314 745000 1171524 124170 11965668 10212513 245000 -192436 90763 10174314 8843016 245000 1266407 141910 10212513 0.46800 0.06300 0.46900 0 0 1309388 1309388 33145762 13542705 19603057 8654372 5923850 2730522 31879788 17845135 14034653 37677620 REAL ESTATE -GUGGENHEIM 8698783 F PRIVATE EQUITY - MADISON DEARBORN 5052386 F HEDGE FUND - WEATHERLOW 27522421 F PRIVATE EQUITY - ADAM ST PARTNERS 5707187 F PRIVATE EQUITY - BEAR STEARNS 41948 F 47022725 X 31733124 -24745290 -24745290 56478414 219178 -2369689 -2150511 54327903 33875651 2369689 2369689 31505962 219178 219178 31725140 PART III, LINE 1A: CAPITALIZATION POLICY: ARBORETUM COLLECTIONS - THE ARBORETUM'S RARE BOOKS AND PRINT COLLECTIONS ARE NOT CAPITALIZED IN THE ACCOMPANYING AUDITED FINANCIAL STATEMENTS. LIVING WOODY PLANTS ARE ALSO NOT CAPITALIZED UNLESS THEY ARE A MAJOR PART OF A CAPITAL PROJECT. PURCHASES OF COLLECTION ITEMS THAT ARE NOT CAPITALIZED ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS. PART III, LINE 4: DESCRIPTION OF COLLECTIONS AND FURTHERANCE OF EXEMPT PURPOSE: LIVING COLLECTION - WOODY PLANTS IN CATEGORIES OF TAXONOMIC, GEOGRAPHIC, SPECIAL HABITAT, HORTICULTURAL, RARE/ENDANGERED. 190,000 SPECIMENS REPRESENT 4,200 DIFFERENT KINDS OF TREES, SHRUBS AND OTHER PLANTS FROM 40 COUNTRIES IN THE NORTHERN TEMPERATE ZONE. DISPLAYED ACROSS 1,700 ACRES OF NATURAL LANDSCAPES. PROVIDED FOR BOTANICAL, HORTICULTURAL, AND ARTISTIC STUDY (EDUCATION AND RESEARCH PURPOSE) AND ENJOYMENT OF PLANT SPECIES (SPECIFIC RESEARCH PURPOSE). LIBRARY COLLECTION - 27,000 VOLUMES OF BOTANY, HORTICULTURE, LANDSCAPE DESIGN, NATURAL HISTORY, ECOLOGY; CORRESPONDING RARE DOCUMENTS, AND OTHER PRINTED MATERIALS; 12,000 BOTANICAL ARTWORKS AND 3,400 LANDSCAPE DRAWINGS. AVAILABLE FOR BOTANICAL, HORTICULTURAL, AND ARTISTIC STUDY OF PLANTS (EDUCATIONAL, RESEARCH, AND CULTURAL PURPOSES). PART V, LINE 4: THE TERM ENDOWMENTS ARE SPENT PER THE DONOR'S DIRECTIONS. THE PERMANENT ENDOWMENT IS MAINTAINED IN PERPETUITY TO SUPPORT THE MISSION AND OPERATIONS OF THE ARBORETUM. THE BOARD DESIGNATED ENDOWMENTS ARE APPLIED TO PURPOSES DEFINED BY THE BOARD IN SUPPORT OF THE MISSION AND OPERATIONS OF THE ARBORETUM. PART X, LINE 2: THE ARBORETUM IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE. NO PROVISION HAS BEEN MADE FOR FEDERAL AND STATE INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ARBORETUM AND RECOGNIZE A TAX LIABILITY IF THE ARBORETUM HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ARBORETUM AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2014 AND 2013, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ARBORETUM IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ARBORETUM BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2011. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF SALES ARE INCLUDED IN EXPENSES ON THE FINANCIAL STATEMENTS -2,259,976. FUNDRAISING EXPENSES ARE INCLUDED IN EXPENSES ON THE FINANCIAL STATEMENTS -109,713. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES ARE INCLUDED IN EXPENSES ON THE FINANCIAL STATEMENTS 2,259,976. FUNDRAISING EXPENSES ARE INCLUDED IN EXPENSES ON THE FINANCIAL STATEMENTS 109,713. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 713257 0 0 0 0 0 0 713257 0 713257 0 0 0 0 1 0 X 1 COMNET MARKETING GROUP INC 1214 STOWE AVE MEDFORD OR 97501 TELEFUNDRAISING 0 202753 74873 127880 202753 74873 127880 IL DINNER PARTY 232667 204267 28400 65307 30936 3100 10370 232667 204267 28400 65307 30936 3100 10370 109713 -81313 X X 1 1 X X X X 0 0 0 0 0 0 0 1 0 GERARD T DONNELLY PHD PRESIDENT AND CEO 304544 0 26083 0 24079 0 45928 0 20394 0 421028 0 0 0 JAMES S FAWLEY VP OF FINANCE AND CFO 160354 0 3654 0 0 0 0 0 17458 0 181466 0 0 0 JILL KOSKI VP OF DEVELOPMENT 190990 0 3971 0 0 0 12559 0 21821 0 229341 0 0 0 SUSAN WAGNER VP OF EDUCATION AND INFORMATION 155313 0 3074 0 0 0 9343 0 1000 0 168730 0 0 0 JENNIFER GOODSMITH VP OF MARKETING 143610 0 2937 0 0 0 8925 0 19821 0 175293 0 0 0 KRIS BACHTELL VP OF COLLECTIONS AND FACILITIES 140451 0 2918 0 0 0 24830 0 21721 0 189920 0 0 0 NICOLE CAVENDER VP OF SCIENCE AND CONSERVATION 133648 0 2754 0 0 0 8354 0 19312 0 164068 0 0 0 PART I, LINE 1A COMPENSATION OF THE PRESIDENT AND CEO OF THE ARBORETUM, CURRENTLY GERARD T. DONNELLY, INCLUDES AN EDUCATIONAL ALLOWANCE FOR COLLEGE UNDERGRADUATE TUITION AND FEES FOR HIS CHILDREN. CHARGES RELATED TO ROOM AND BOARD ARE NOT COVERED. REIMBURSEMENT IS NET OF ANY SCHOLARSHIP AMOUNT. THE REIMBURSEMENT IS ON A TAX INDEMNIFICATION AND GROSS-UP BASIS AND TREATED AS TAXABLE COMPENSATION. THIS IS A BENEFIT AS PROVIDED FOR IN THE EMPLOYMENT AGREEMENT UPON HIRE. AN ON-SITE RESIDENCE IS PROVIDED FOR THE PRESIDENT AND CEO OF THE ARBORETUM, CURRENTLY GERARD T. DONNELLY, AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE ARBORETUM. THE VALUE OF THIS RESIDENCE IS NOT TREATED AS TAXABLE COMPENSATION. PART I, LINE 7 A DISCRETIONARY BONUS BASED ON PERFORMANCE OF $20,000 WAS PAID TO THE CEO IN 2014. IN 2014, PAYMENT OF ALL PAYROLL WAS MOVED TO ONE WEEK IN ARREARS FROM THE PRIOR POLICY OF PAYING CURRENT. ALL FULL TIME EMPLOYEES INCLUDING THOSE LISTED ON SCHEDULE J RECEIVED A BONUS EQUIVALENT TO ONE WEEK OF THEIR ANNUAL SALARIES TO ENSURE THE TOTAL ANNUAL SALARY WAS PAID IN 2014. A THE COUNTY OF DUPAGE ILLINOIS 366006551 262668ACO 2003-12-17 42000000 SEE PART VI 0 0 0 A 42155070 326250 1482400 40346420 2005 0 0 1 1 A 0 0 0 0 0 0 1 A 0 0 1 0 1 0 1 CITIGROUP GLOBAL 1.500000000000 1 0 0 A 0 SCHEDULE K, PART I, LINE A, COLUMN F THE PROCEEDS OF THE BONDS WERE USED FOR (I) THE COSTS OF CERTAIN CAPITAL IMPROVEMENTS TO THE FACILITIES OF THE BORROWER LOCATED IN LISLE, ILLINOIS, INCLUDING (A) THE CONSTRUCTION OF A VISITOR CENTER AND TRAM ROAD; (B) VISITOR FACILITIES AND A PRAIRIE VISITOR STATION, (C) THE EXPANSION AND IMPROVEMENT OF THE MAIN ENTRANCE TO THE MORTON ARBORETUM, (D) THE RESTORATION OF THE RIVERBANK, (E) THE CONSTRUCTION OF PARKING LOTS AND SUPPORT FACILITIES, (F) THE CONSTRUCTION OF A CHILDREN'S GARDEN, MAZE GARDEN, ARBOR COURT AND MEADOW LAKE COURTYARD FACILITIES AND (G) LANDSCAPING, STORM WATER FACILITY AND RELATED IMPROVEMENTS, (II) PAYING A PORTION OF THE INTEREST TO ACCRUE ON THE BONDS AND (III) PAYING A PORTION OF CERTAIN EXPENSES INCURRED IN CONNECTION WITH THE ISSUANCE OF THE BONDS. SCHEDULE K, PART IV, LINE 1 NO, THERE WAS NO ARBITRAGE REBATE OR PENALTY DUE. THE NET REBATE LIABILITY WAS NEGATIVE. CHRISTOPHER B BURKE TRUSTEE 194746 ENGINEERING - DURING 2014, THE ARBORETUM USED CHRISTOPHER BURKE ENGINEERING AND WILL, BURKE & KELSEY FOR ENGINEERING AND CONSULTING SERVICES. CHRISTOPHER L. BURKE, TRUSTEE, HAS AN OWNERSHIP INTEREST IN BOTH FIRMS. THESE TRANSACTIONS FOLLOWED THE ARBORETUM'S ESTABLISHED PROCUREMENT POLICY AND RATES ARE COMPETITIVE WITH MARKET RATES. 0 X 22 2107464 FAIR MARKET VALUE X AWARDS 1 6000 FAIR MARKET VALUE X POTTING SOIL 1 650 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING IN PART I, COLUMN (B), THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 3 THE ARBORETUM CONTRACTS WITH ARAMARK CORPORATION TO MANAGE AND OPERATE FOOD SERVICES. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS PREPARED BY THE ARBORETUM'S ACCOUNTANTS, REVIEWED BY THE AUDIT COMMITTEE AND DISTRIBUTED TO THE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE MORTON ARBORETUM REQUIRES THAT ALL TRUSTEES, EMPLOYEES, AND VOLUNTEERS DISCLOSE AND DECLARE ANY PERSONAL, FAMILIAL, OR BUSINESS RELATIONSHIPS, SITUATIONS, OR ACTIVITIES THAT HAVE THE POTENTIAL TO CREATE A CONFLICT OF INTEREST OR THE PERCEPTION OF A CONFLICT OF INTEREST. FOR TRUSTEES AND EMPLOYEES, THE DECLARATION MUST BE RENEWED ANNUALLY OR WHEN APPLICABLE CHANGES IN STATUS OCCUR. THE ARBORETUM SUPPLIES A CONFLICT OF INTEREST DECLARATION FORM TO ALL TRUSTEES AND EMPLOYEES FOR THIS PURPOSE. VOLUNTEERS ARE INFORMED OF THIS POLICY AT THE ONSET OF THEIR SERVICE, IN THE PUBLISHED VOLUNTEER HANDBOOK, AND IN PERIODIC COMMUNICATIONS. FOR ALL TRUSTEES, EMPLOYEES, AND VOLUNTEERS, RELATIONSHIPS OR SITUATIONS THAT ARISE THAT MAY CREATE OR APPEAR TO CREATE CONFLICT OF INTEREST MUST BE BROUGHT TO THE ATTENTION OF THE PRESIDENT OR THE CHAIRMAN OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF OFFICERS AND KEY EMPLOYEES INCLUDES A MARKET ANALYSIS OF COMPARABLE POSITIONS FROM PEER GARDENS AND OTHER SIMILAR ORGANIZATIONS FOR BENCHMARKING PURPOSES. THIS INFORMATION IS REVIEWED BY INTERNAL HUMAN RESOURCES PROFESSIONALS AND THE MANAGEMENT DEVELOPMENT AND COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE FULL BOARD REVIEWS AND APPROVES RECOMMENDATIONS OF COMPENSATION MATTERS FOR THE PRESIDENT AND CEO. THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE ARBORETUM'S WEBSITE (WWW.MORTONARB.ORG) AND ANNUAL REPORT. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.