2025-02-24T06:22:06-06:00 2024-04-30 521446779 JOHNSON LAMBERT LLP 4242 SIX FORKS ROAD SUITE 1500 RALEIGH NC 27609 990 2023-05-01 275024342 THE AMERICAN COLLEGE OF TRUST AND ESTATE COUNSEL FOUNDATION AMER 2026848460 901 15TH STREET NW 525 WASHINGTON DC 200052348 T RANDOLPH HARRIS TREASURER 2026848460 2025-02-21 1 0 J CALVIN MARKS P01226973 9197196400 2023 2025-03-06 01:10:19Z DEBORAH O MCKINNON 901 15TH STREET NW 525 WASHINGTON DC 200052348 694449 0 X WWW.ACTECFOUNDATION.ORG X 1982 CA SEE SCHEDULE O. 26 26 0 33 0 0 205234 181803 0 0 46937 155989 0 0 252171 337792 114244 104960 0 0 0 0 0 0 0 117083 149363 231327 254323 20844 83469 2583414 2773349 195679 146666 2387735 2626683 X THE ACTEC FOUNDATION PROMOTES SCHOLARSHIP AND EDUCATION IN TRUST, ESTATE, TAX, AND RELATED AREAS OF THE LAW BY SUPPORTING SCHOLARSHIP TO IMPROVE THE LAW AND BY ENCOURAGING TEACHING, CAREERS AND LIFE-LONG LEARNING IN THE AREA. THE FOUNDATION ALSO ENCOURAGES CIVIC ENGAGEMENT OF INDIVIDUAL FELLOWS OF THE AMERICAN COLLEGE OF TRUST AND ESTATE COUNSEL THROUGH PROGRAMS AND ACTIVITIES THAT SERVE THE GENERAL COMMUNITY. 0 0 168186 104960 GRANT MAKING - THE FOUNDATION PROMOTES SCHOLARSHIP AND EDUCATION IN TRUST, ESTATE AND TAX RELATED AREAS BY SUPPORTING AND ENCOURAGING TEACHING, CAREERS AND LIFE LONG LEARNING. 168186 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X DEBORAH OBERST 2026848460 901 15TH STREET NW NO 525 WASHINGTON DC 200052348 X JOHN T ROGERS JR PRESIDENT 5.00 X X 0 0 0 LORA G DAVIS VICE PRESIDENT, CHAIR, GRANT CTE 5.00 X X 0 0 0 MELISSA J WILLMS VICE PRESIDENT (TO MAR '24) 5.00 X X 0 0 0 T RANDOLPH HARRIS TREASURER 5.00 X X 0 0 0 KATHLEEN R SHERBY TREASURER (TO MAR '24) 5.00 X X 0 0 0 KENDIS KEY MUSCHEID SECRETARY (FROM MAR '24) 5.00 X X 0 0 0 JEFFREY C THEDE IMMEDIATE PAST PRESIDENT (TO MAR '24) 5.00 X X 0 0 0 CHRISTOPHER B HUNT CHAIR, FUNDRAISING CTE (TO MAR '24) 2.00 X 0 0 0 DAVID F EDWARDS CO-CHAIR, FUNDRAISING CTE 2.00 X 0 0 0 ROBERT KIRKLAND CO-CHAIR, FUNDRAISING CTE 2.00 X 0 0 0 BRAD BEDINGFIELD DIRECTOR 2.00 X 0 0 0 TODD A FLUBACHER DIRECTOR (FROM MAR '24) 2.00 X 0 0 0 THERON E FRY DIRECTOR (TO MAR '24) 2.00 X 0 0 0 THOMAS P GALLANIS DIRECTOR (TO MAR '24) 2.00 X 0 0 0 KEITH BRADOC GALLANT DIRECTOR 2.00 X 0 0 0 PETER S GORDON DIRECTOR 2.00 X 0 0 0 CHASITY GRICE DIRECTOR 2.00 X 0 0 0 SHANNON G GUTHRIE DIRECTOR 2.00 X 0 0 0 JOSEPH G HODGES JR DIRECTOR (TO MAR '24) 2.00 X 0 0 0 CHRISTOPHER R HOYT DIRECTOR 2.00 X 0 0 0 CYNTHIA G LAMAR-HART DIRECTOR (FROM MAR '24) 2.00 X 0 0 0 WILLIAM P LAPIANA DIRECTOR 2.00 X 0 0 0 JUDY Y LEE DIRECTOR (FROM MAR '24) 2.00 X 0 0 0 HUGH MAGILL DIRECTOR (FROM MAR '24) 2.00 X 0 0 0 W CAMERON MCCULLOCH DIRECTOR 2.00 X 0 0 0 MICHELE A W MCKINNON DIRECTOR 2.00 X 0 0 0 CHARLES IAN NASH DIRECTOR 2.00 X 0 0 0 JEANNE L NEWLON DIRECTOR 2.00 X 0 0 0 BENETTA Y PARK DIRECTOR 2.00 X 0 0 0 STEPHANIE PERRY DIRECTOR (FROM MAR '24) 2.00 X 0 0 0 BRUCE S ROSS DIRECTOR 2.00 X 0 0 0 ALAN F ROTHSCHILD JR DIRECTOR 2.00 X 0 0 0 ANITA J SIEGEL DIRECTOR (FROM MAR '24) 2.00 X 0 0 0 DEBORAH O MCKINNON EXECUTIVE DIRECTOR 6.00 X 0 0 0 0 0 0 0 0 0 0 0 181803 181803 57109 57109 455537 356657 98880 98880 98880 337792 0 0 155989 70460 70460 34500 34500 18295 18295 24936 24936 25267 25267 9138 9138 7460 7460 EDUCATIONAL SERVICES 63226 63226 TAXES AND LICENSES 810 810 STATE REGISTRATION FEES 231 231 254323 168186 86137 0 187194 143703 213376 81718 5250 5950 4297 5107 34462 24324 0 10138 2165541 2515847 7756 10886 2583414 2773349 9100 7427 172091 133980 14488 5259 195679 146666 X 1903927 2091772 483808 534911 2387735 2626683 2583414 2773349 83469 155479 0 X 0 1 X 1 0 X 132212 168632 152204 205234 181803 840085 132212 168632 152204 205234 181803 840085 30935 26833 21350 9050 22250 110418 0 30935 26833 21350 9050 22250 110418 729667 41405 36126 36237 46560 57109 217437 41405 36126 36237 46560 57109 217437 173617 204758 188441 251794 238912 1057522 0.69000 0.66920 0.20560 0.20790 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 413363 38103 451466 402111 11252 413363 436657 -34546 402111 327456 109201 436657 329591 7865 10000 327456 0.60740 0.39260 0 0 34462 24324 10138 10138 INTERCOMPANY DUE TO 5259 5259 606112 89100 204156 293256 312856 24936 24936 337792 367164 204156 204156 163008 24936 66379 91315 254323 PART XII, LINE 4B - OTHER ADJUSTMENTS: RETURN GRANTS 66,379. 1 OKLAHOMA CITY UNIVERSITY 2501 N BLACKWELDER OKLAHOMA CITY OK 73106 730579265 501(C)(3) 25000 0 GENERAL SUPPORT UCLA BET TZEDEK 3250 WILSHIRE BLVD 13TH FL LOS ANGELES CA 90010 237304205 501(C)(3) 23460 0 GENERAL SUPPORT SOUTHEAST FELLOWS INSTITUTE 901 15TH ST NW SUITE 525 WASHINGTON DC 20005 274395855 501(C)(6) 12000 0 RUDY OGBURN SCHOLARSHIP FUND HOFSTRA UNIVERSITY 128 HOFSTRA UNIV PHILLIPS HALL 100 HEMPSTEAD NY 11549 111630906 501(C)(3) 10000 0 STUDENT EDITORIAL BOARD GRANT 3 1 DENNIS I. BELCHER YOUNG LEADERS PROGRAM 4 22000 2024 MARY MOERS WENIG STUDENT WRITING COMPETITION 5 12500 PART I, LINE 2: ORGANIZATION RECEIVES REPORT FROM THE GRANTEES AT THE ORGANIZATION'S ANNUAL MEETING, AS WELL AS RECEIVES COPIES OF ANY OUTPUT FROM THE GRANT (PUBLICATIONS, PAPERS, ETC.). 0 0 0 0 0 0 0 0 0 PART I, LINE 3 THE FOUNDATION'S EXECUTIVE DIRECTOR IS COMPENSATED BY THE AMERICAN COLLEGE OF TRUST AND ESTATE COUNSEL. ACTEC USES THE FOLLOWING METHODS TO ESTABLISH THE COMPENSATION OF THE EXECUTIVE DIRECTOR: COMPENSATION COMMITTEE, WRITTEN EMPLOYMENT CONTRACT, AND APPROVAL BY THE BOARD. THE EXECUTIVE DIRECTOR'S COMPENSATION IS PRESENTED AS FOLLOWS: SALARIES $471,933 DEFERRED COMPENSATION $16,500 NONTAXABLE BENEFITS $17,931 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE PRESIDENT, IMMEDIATE PAST PRESIDENT (IF HE OR SHE IS SERVING ON THE BOARD OF DIRECTORS), VICE PRESIDENT, SECRETARY, TREASURER AND THE CHAIRS OF THE GRANT AND FUNDRAISING COMMITTEES. THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL THE AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE FOUNDATION BETWEEN MEETINGS OF THE BOARD, EXCEPT AS OTHERWISE LIMITED IN THE FOUNDATION'S BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT AND A DESIGNATED BOARD MEMBER. PRIOR TO FILING, A COPY OF THE FORM 990 IS DISTRIBUTED TO THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION PUT ITS CONFLICT OF INTEREST POLICY INTO PLACE IN THE FALL OF 2010. OPERATIONALLY, THE ORGANIZATION HAS CHECKS AND BALANCES TO MONITOR THE CONFLICT OF INTEREST POLICY TO ENSURE THAT THERE ARE NO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.