2015-09-22T14:08:43-05:00 2014-12-31 420714325 MCGLADREY LLP 1861 INTERNATIONAL DRIVE SUITE 400 MCLEAN VA 22102 990 2014-01-01 133843435 FRIENDS OF THE WORLD FOOD PROGRAM INC FRIE 2026273732 1725 I STREET NW NO 510 WASHINGTON DC 20006 RICHARD LEACH PRESIDENT/CEO 2026273732 2015-09-22 1 YONG ZHANG CPA P01249785 7033366400 2014 2016-03-07 17:11:31Z WORLD FOOD PROGRAM USA RICHARD LEACH 1725 I STREET NW NO 510 WASHINGTON DC 20006 26520471 0 X HTTP://WWW.WFPUSA.ORG X 1995 DE BUILD SUPPORT IN THE US FOR THE WORLD FOOD PROGRAMME AND THE OVERALL EFFORT TO ADDRESS GLOBAL HUNGER. 14 12 28 100 0 0 22569157 25718472 0 0 52897 32598 -178318 -539514 22443736 25211556 18979061 18285114 0 0 2311405 2170744 0 0 2005420 2399003 2853588 23689469 23309446 -1245733 1902110 21501837 21286564 16955273 14824722 4546564 6461842 WFP USA IS A NONPROFIT ORGANIZATION THAT BUILDS SUPPORT IN THE US TO END GLOBAL HUNGER. IT ENGAGES INDIVIDUALS AND ORGANIZATIONS, SHAPES PUBLIC POLICY AND GENERATES RESOURCES FOR THE UNITED NATIONS WORLD FOOD PROGRAMME AND OTHER HUNGER RELIEF EFFORTS. 0 0 19139119 18285114 GRANTS: IN 2014, GRANTS FROM THE WORLD FOOD PROGRAMME USA (WFP USA) HELPED THE UN WORLD FOOD PROGRAMME (UNWFP) PROVIDE FOOD TO PEOPLE SUFFERING FROM HUNGER IN THE WORLD'S POOREST COUNTRIES, INCLUDING THOUSANDS OF CHILDREN IN SCHOOL MEAL PROGRAMS AS WELL AS THOSE AFFECTED BY NATURAL DISASTERS AND CONFLICT. FOR THE YEAR ENDED DECEMBER 31, 2014, WFP USA, DONATED $18,285,114 TO THE UN WORLD FOOD PROGRAMME. 1202416 COMMUNICATIONS AND OUTREACH: THE COMMUNICATIONS DEPARTMENT AT WFP USA SUPPORTS THE ORGANIZATION'S POLICY, FUNDRAISING AND OUTREACH GOALS BY RAISING AWARENESS ABOUT GLOBAL HUNGER SOLUTIONS. 783676 PUBLIC POLICY PROGRAM: WFP USA EDUCATES MEMBERS OF THE CONGRESS, THE ADMINISTRATION AND OTHER OFFICIALS ABOUT INTERNATIONAL HUNGER ISSUES AND SPECIFIC POLICIES THAT COULD IMPROVE U.S GOVERNMENT EFFORTS TO ADDRESS GLOBAL HUNGER. WFP USA ALSO ADVOCATES FOR SUFFICIENT FUNDING TO ENSURE THAT THE U.S. GOVERNMENT CONTINUES TO PROVIDE GLOBAL LEADERSHIP IN REACHING PEOPLE IN NEED AROUND THE WORLD. TO BUILD STRONG SUPPORT FOR U.S. LEADERSHIP IN ADDRESSING GLOBAL HUNGER, WFP USA COLLABORATES WITH AND MOBILIZES OPINION LEADERS, BUSINESSES, GRASSROOTS NETWORK, NONPROFITS, COALITIONS AND OTHERS. 21125211 1 1 0 1 0 0 0 0 1 1 1 0 0 0 1 1 1 0 0 0 1 1 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 23 0 1 28 1 0 0 0 0 0 1 1 0 0 0 0 X 14 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AL AR AZ CA CO CT FL GA HI IL KS KY MA MD ME MI MS MN NC ND NJ NH NM NY OH OK OR PA RI SC TN UT VA WA WI WV DC X X X RICHARD LEACH 2026273732 1725 I ST NW SUITE 510 WASHINGTON DC 20006 HUNTER BIDEN CHAIRMAN 4.00 X X 0 0 0 BONNIE RAQUET VICE CHAIRMAN 1.00 X X 0 0 0 SAMUEL SANDY BERGER SECRETARY/TREASURER 1.00 X X 0 0 0 BARBARA BELMONT DIRECTOR 1.00 X 0 0 0 JONATHAN BLUM DIRECTOR 1.00 X 0 0 0 HON ROBERT DOLE DIRECTOR 1.00 X 0 0 0 DR MARSHA DUBROW DIRECTOR 1.00 X 0 0 0 HON DANIEL GLICKMAN DIRECTOR 1.00 X 0 0 0 MATTHEW HARRINGTON DIRECTOR 1.00 X 0 0 0 MARSHALL MATZ DIRECTOR 1.00 X 0 0 0 DAVID NOVAK DIRECTOR 1.00 X 0 0 0 RANDY RUSSELL DIRECTOR 1.00 X 0 0 0 CARL STERN DIRECTOR 1.00 X 0 0 0 LAWRENCE DARROW DIRECTOR 1.00 X 0 0 0 JO ANN EMERSON DIRECTOR 1.00 X 0 0 0 RICHARD LEACH PRESIDENT & CEO 40.00 X X 301331 0 30001 MARIANNE BERNER VP FOR DEVELOPMENT 40.00 X 177069 0 876 SHANNON HISKEY VP FOR OPERATIONS 40.00 X 154682 0 22900 CHARLES DUJON DIR. OF GOV'T RELATIONS 40.00 X 117864 0 14238 750946 0 68015 4 0 1 0 ALLAN JURY 4948 WYNDHAM COURT FAIRFAX VA 22030 CONSULTING 202750 MINDSET DIRECT 1700 N JEFFERSON STREET SUITE 200 ARLINGTON VA 22205 CONSULTING 138716 SUNSHINE SACHS MARKETING 136 MADISON AVE 17TH FLOOR NEW YORK NY 10016 CONSULTING 105568 3 147000 25571472 25718472 42723 42723 105763 571974 -466211 -466211 -466211 653513 661525 2113 -8012 -2113 -10125 -10125 0 147000 73303 -73303 -73303 25211556 0 0 -506916 60634 60634 18224480 18224480 329262 111849 68704 148709 1550938 530828 334153 685957 41566 12969 5627 22970 110379 34438 14943 60998 138599 48796 29784 60019 189531 62891 37186 89454 69874 23186 13709 32979 1866560 1466647 51795 348118 176008 39441 16104 120463 285250 131357 16486 137407 542754 188798 119338 234618 109096 42076 8865 58155 91443 80938 2863 7642 338 118 74 146 99668 34670 21914 43084 17114 5953 3763 7398 DUES & MEMBERSHIP 32165 18262 3245 10658 STAFF DEVELOPMENT 12993 4768 901 7324 FUND. EXP ON LINE 8B -73303 -73303 RENTAL EXP. ON LINE 6B -571974 -571974 6071 2112 1335 2624 23309446 21125211 178815 2005420 434 269 17377807 13833727 2615953 5913099 47879 93912 602832 186459 448661 416373 996661 1029184 14442 0 21501837 21286564 210371 250167 15508265 13143566 24357 230987 571368 574607 640912 625395 16955273 14824722 X 2965537 4767238 1581027 1694604 4546564 6461842 21501837 21286564 1902110 13168 0 X X 0 1 X 1 0 X 39799869 39724498 24435947 22569157 25718472 152247943 39799869 39724498 24435947 22569157 25718472 152247943 24554117 127693826 29818 43776 21279 148244 148486 391603 2296 2296 152641842 0.83660 0.79950 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME FROM EXEMPT ACTIVITY - 2011 AMOUNT: $ 2,296. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 63994 56113 120107 23834616 23954723 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 78415 75398 124263 120107 398183 250000 250000 250000 250000 1000000 1500000 36404 53524 84903 63994 238825 0 1 X 968826 968826 968826 968826 968826 968826 968826 968826 968826 968826 1.00000 0 0 294956 71051 223905 165012 63254 101758 142864 52154 90710 416373 DEFERRED LEASE BENEFIT 391029 CAPITAL LEASE OBLIGATION 5712 TENANT IMPROVEMENT 228654 625395 X 25870001 13168 645277 658445 25211556 0 25211556 23954723 645277 645277 23309446 0 23309446 PART IV, LINE 2B: THE PURPOSE OF THE FUND SHALL BE TO MAKE GRANTS TO SUPPORT EDUCATION AND EDUCATIONAL OPPORTUNITIES FOR NEEDY AND WORTHY GIRLS AND WOMEN IN DEVELOPING NATIONS. CATHERINE BERTINI SHALL SERVE AS ADVISOR TO THE FUND. SHE SHALL MAKE RECOMMENDATIONS TO THE BOARD OF DIRECTORS OF WFP USA. THE BOARD OF WFP USA SHALL CONSIDER SUCH RECOMMENDATIONS AND, IN ITS SOLE DISCRETION, SHALL MAKE SUCH DECISIONS AS THE BOARD DEEMS APPROPRIATE. THE BOARD (OR ITS DESIGNATED FINANCIAL ADVISOR) SHALL MAKE DECISIONS AS TO INVESTMENT OF THE FUND. PART V, LINE 4: THE BOARD OF DIRECTORS OF WFP USA ADOPTED A RESERVE POLICY THAT REQUIRES THE ORGANIZATION TO MAINTAIN UNRESTRICTED NET ASSETS IN AN AMOUNT EQUAL TO AT LEAST SIX (6) MONTHS OF ITS OPERATING BUDGET. THIS RESERVE IS ADJUSTED ANNUALLY TO TAKE INTO ACCOUNT CHANGES IN THE OPERATING BUDGET. PART X, LINE 2: WFP USA HAS ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, WFP USA MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES, BASED UPON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT HAS EVALUATED WFP USA'S TAX POSITIONS AND HAS CONCLUDED THAT WFP USA HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WFP USA WOULD BE LIABLE FOR INCOME TAXES IN THE U.S. FEDERAL JURISDICTION. GENERALLY, WFP USA IS NO LONGER SUBJECT TO U.S. FEDERAL TAX EXAMINATIONS BY TAX AUTHORITIES BEFORE 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED ON PART VIII LINE 8B 73,303. RENTAL EXPENSES REPORTED ON PART VIII LINE 6B 571,974. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED ON PART VIII LINE 8B 73,303. RENTAL EXPENSES REPORTED ON PART VIII LINE 6B 571,974. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM GRANTS TO UNWFP 355678 EAST ASIA AND THE PACIFIC 0 0 PROGRAM GRANTS TO UNWFP 3212362 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 PROGRAM GRANTS TO UNWFP 406489 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM GRANTS TO UNWFP 3807132 SUB-SAHARAN AFRICA 0 0 PROGRAM GRANTS TO UNWFP 10442819 0 0 0 0 0 0 18224480 0 18224480 CENTRAL AMERICA AND THE CARIBBEAN ASSIST IN ALLEVIATING HUNGER 355678 WIRE TRANSFER EAST ASIA AND THE PACIFIC ASSIST IN ALLEVIATING HUNGER 3212362 WIRE TRANSFER EUROPE (INCLUDING ICELAND AND GREENLAND) ASSIST IN ALLEVIATING HUNGER 406489 WIRE TRANSFER MIDDLE EAST AND NORTH AFRICA ASSIST IN ALLEVIATING HUNGER 3807132 WIRE TRANSFER SUB-SAHARAN AFRICA ASSIST IN ALLEVIATING HUNGER 10442819 WIRE TRANSFER 1 0 0 0 0 0 0 1 PART I, LINE 2: WFP USA MONITORS GRANTS MADE BY IT TO UNWFP THROUGH THE REVIEW OF NARRATIVE AND FINANCIAL REPORTS PROVIDED TO IT BY THE UNWFP. SUCH REPORTS ARE PROVIDED BOTH BY THE HEADQUARTERS OFFICE (LOCATED IN ROME) OF UNWFP AND BY THE COUNTRY FIELD OFFICES OF THE UNWFP. THESE REPORTS DESCRIBE HOW THE GRANTED FUNDS WERE SPENT, ACTIVITIES CONDUCTED, PROGRESS ACHIEVED, AND GOALS TO BE MET. IN ADDITION TO SUCH REPORTS, THE WEB SITE OF UNWFP PROVIDES DETAILED INFORMATION IN REGARD TO ITS GLOBAL HUNGER RELIEF ACTIVITIES, INCLUDING THE DISCLOSURE OF FUNDS SPENT ON A PER COUNTRY BASIS AND THE PROJECTED RESULTS AND IMPACT IN EACH SUCH COUNTRY WHERE HUNGER RELIEF EFFORTS ARE CONDUCTED BY UNWFP AND ITS PARTNERS. PART I, LINE 3: THE ORGANIZATION USES GAAP TO REPORT EXPENDITURES IN A FOREIGN REGION. SCHEDULE F, PART I AND II: RESOURCES EXPENDED ARE USED FOR FOOD ASSISTANCE NEEDS PRIMARILY IN AFRICA, ASIA, CENTRAL AMERICA AND EUROPE. SCHEDULE F, PART IV, LINE 6: THE ORGANIZATION HAS FILED FORM 5713 UNDER SEPARATE COVER TO THE IRS. THE ORGANIZATION IS NOT REQUIRED TO FILE FORM 990-T. AWARD CEREMONY 147000 147000 73303 147000 147000 73303 73303 -73303 1 CONGRESSIONAL HUNGER CENTER 400 NORTH CAPITOL ST NW WASHINGTON DC 20001 521842738 501(C)(3) 10000 GRANTS TO SUPPORT HUNGER PROGRAMS CHICUCHAS WASI SCHOOL FOR GIRLS PO BOX 2031 SONOMA CA 95476 680188327 501(C)(3) 10750 GRANTS FOR GIRLS' AND WOMEN'S EDUCATION CHANCE FOR CHANGE 5 ARCARDI COURT BLOOMFIELD NJ 07003 452430783 501(C)(3) 9534 GRANTS FOR GIRLS' AND WOMEN'S EDUCATION GLOBAL CHILD NUITRITION FOUNDATION 120 WATERFRONT STREE SUITE 300 NATIONAL HARBOR MD 20745 205094658 501(C)(3) 10000 GRANTS TO SUPPORT SCHOOL FEEDING EFFORTS ADVANCING GIRLS' EDUCATION IN AFRICA 921 PENNSYLVANIA AVE SE 308 WASHINGTON DC 20003 270143166 501(C)(3) 14350 GRANTS FOR GIRLS' AND WOMEN'S EDUCATION 5 0 PART I, LINE 2: WFP USA MONITORS FUNDS GRANTED DOMESTICALLY BY REQUIRING THAT GRANTEES PROVIDE AN OFFICIAL ACKNOWLEDGEMENT OUTLINING KEY ELEMENTS OF THE GRANT, INCLUDING AMOUNT, DESIGNATION AND DATE. ADDITIONALLY GRANTEES MAY BE REQUIRED TO SUBMIT A FINAL REPORT ON WHEN AND HOW FUNDS WERE USED, ACTIVITIES AND RESULTS ACHIEVED AS WELL AS IMPACT ON BENEFICIARIES / COMMUNITIES. X X X 0 0 0 0 0 0 0 0 0 RICHARD LEACH PRESIDENT & CEO 300917 0 0 0 414 0 2070 0 27931 0 331332 0 0 0 MARIANNE BERNER VP FOR DEVELOPMENT 176751 0 0 0 318 0 0 0 876 0 177945 0 0 0 SHANNON HISKEY VP FOR OPERATIONS 154406 0 0 0 276 0 6288 0 16612 0 177582 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS COMPLETED ANNUALLY AND COPIES ARE PROVIDED TO THE ENTIRE GOVERNING BOARD AS WELL AS TO THE PRESIDENT/CEO OF THE ORGANIZATION. THE PRESIDENT/CEO REVIEWS THE FORM 990 WITH THE AUDIT COMMITTEE AND CHIEF FINANCIAL OFFICER. AFTER THOROUGH REVIEW BY THE PRESIDENT/CEO, AUDIT COMMITTEE & CHIEF FINANCIAL OFFICER AND ONCE ALL ARE IN AGREEMENT THE 990 IS SUBMITTED FOR FINAL EDITS. A COPY OF THE APPROVED FORM 990 IS PROVIDED TO ALL OF THE OFFICERS AND BOARD MEMBERS BEFORE THE RETURN IS FILED. ONCE DISTRIBUTED TO ALL INVOLVED, THE FINAL FORM 990 IS SIGNED BY THE PRESIDENT/CEO, DATED AND SUBMITTED BY THE FILING DEADLINE. FORM 990, PART VI, SECTION B, LINE 12C WFP USA HAS SET FORTH A PROCEDURE TO RESOLVE CONFLICTS OF INTEREST AS THEY MAY ARISE AS OUTLINED IN OUR CONFLICT OF INTEREST POLICY. EVERY NEW OFFICER OR DIRECTOR IS ADVISED ON THIS POLICY AND ACKNOWLEDGES THAT HE OR SHE UNDERSTANDS THE POLICY. A CONFLICT OF INTEREST DISCLOSURE STATEMENT IS FURNISHED ANNUALLY TO EACH OFFICER AND DIRECTOR WHICH AFFIRMS THAT THE BOARD MEMBER: 1. HAS RECEIVED A COPY OF THE POLICY, 2. HAS READ AND UNDERSTANDS THE POLICY, 3. HAS AGREED TO COMPLY WITH THE POLICY, AND 4. UNDERSTANDS THE CORPORATION IS A CHARITABLE ORGANIZATION, THAT TO MAINTAIN FEDERAL TAX EXEMPTION STATUS UNDER INTERNAL REVENUE CODE 501(C)(3), THE CORPORATION MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ITS TAX-EXEMPT PURPOSES AND THE CORPORATION'S DIRECTORS, OFFICERS, AND BOARD MEMBERS ARE RESPONSIBLE FOR ENSURING THE CORPORATION IS FAITHFUL TO ITS CHARITABLE MISSION. AT THE TIME OF TERM, EVERY BOARD MEMBER OF THE ORGANIZATION SIGNS "ACKNOWLEDGEMENT OF CONFLICT OF INTEREST STATEMENT" THAT ACKNOWLEDGES THAT THEY HAVE READ AND UNDERSTAND WHAT IS REQUIRED OF THEM AS PERTAINS TO THE CONFLICT OF INTEREST. THE PROVISION OF THE POLICY WHICH PERTAIN TO A DUTY TO DISCLOSE A CONFLICT OF INTEREST ALSO APPLIES TO ALL BOARD MEMBERS OF THE CORPORATION. FOR THIS PURPOSE, EACH REFERENCE TO "OFFICER" IN THE POLICY IS DEEMED TO REFER ALSO TO "BOARD MEMBER". FORM 990, PART VI, SECTION B, LINE 15 GENERAL PROCEDURES THE PRESIDENT/CEO IS GIVEN AN ANNUAL PERFORMANCE EVALUATION BY THE EXECUTIVE COMMITTEE MEMBERS ON BEHALF OF THE BOARD OF DIRECTORS AT THE CONCLUSION OF EACH PERFORMANCE PERIOD. THE EXECUTIVE COMMITTEE IS COMPRISED OF THE CHAIRMAN, VICE-CHAIRMAN, SECRETARY/TREASURER & IMMEDIATE PAST CHAIR. AT THAT TIME, THE EXECUTIVE COMMITTEE DETERMINES THE MERIT INCREASE IN TERMS OF BASE SALARY AND BONUS. IN CONJUNCTION WITH THE PRESIDENT/CEO, THEY ALSO ESTABLISH GOALS AND OBJECTIVES FOR THE COMING YEAR. FORM 990, PART VI, SECTION C, LINE 19 WFP USA REDESIGNED ITS WEBSITE AND EXAMINED BEST PRACTICES IMPLEMENTED BY OTHER NGOS TO DETERMINE HOW BEST TO MAKE ITS FINANCIAL INFORMATION AVAILABLE TO THE GENERAL PUBLIC. OUR WEBSITE, INCLUDES A FOOTER AREA IN EVERY WEBPAGE FEATURING THE ORGANIZATION'S EXPENDITURE PIE CHART. THIS FOOTER AREA LINKS TO A WEBPAGE WITH DETAILED FINANCIAL INFORMATION, SUCH AS THE LATEST 990 FORM AND LINKS TO REVIEWS BY SEVERAL WATCHDOG AGENCIES, INCLUDING THE BETTER BUSINESS BUREAU'S WISE GIVING ALLIANCE. WFP USA SUPPORTERS CAN ALSO DOWNLOAD THE ORGANIZATION'S 2014 ANNUAL REPORT DIRECTLY FROM OUR WEBSITE. THE CURRENT ANNUAL REPORT CONTAINS A STATEMENT OF ACTIVITIES FOR THE YEAR ENDED DECEMBER 31, 2014. THE STATEMENT OF ACTIVITIES INCLUDES COMPARATIVE TOTALS FOR 2013. THE ANNUAL REPORT IS ALSO MAILED EVERY YEAR TO 2,000 STAKEHOLDERS THROUGHOUT THE UNITED STATES, DISTRIBUTED AT VARIOUS EVENTS AND GIVEN TO ANYONE WHO REQUESTS A COPY. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY HAVE BEEN DISCUSSED AT LENGTH INTERNALLY, WITH THE BOARD OF DIRECTORS, SENIOR MANAGEMENT TEAM AND ALL STAFF MEMBERS. THE CONFLICT OF INTEREST POLICY, SPECIFICALLY, IS REVIEWED AND SIGNED BY BOARD AND STAFF MEMBERS. GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XII, LINE 2C THE PROCESS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS HAS BEEN CONSISTENT WITH PRIOR YEARS.