2025-12-01T14:39:27-06:00 2025-04-30 521446779 JOHNSON LAMBERT LLP 4242 SIX FORKS ROAD SUITE 1500 RALEIGH NC 27609 990 2024-05-01 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 2025-11-25 1 1 J CALVIN MARKS P01226973 9197196400 2024 2025-03-06 01:10:19Z DEBORAH O MCKINNON 901 15TH STREET NW 525 WASHINGTON DC 200052348 1171017 0 X WWW.ACTECFOUNDATION.ORG X 1982 CA TO SUPPORT THE EDUCATIONAL AND OTHER CHARITABLE ACTIVITIES OF THE AMERICAN COLLEGE OF TRUST AND ESTATE COUNSEL AND ITS FELLOWS BY SUPPORTING EFFORTS TO IMPROVE THE LAW, OUR PRACTICE, OUR PROFESSION AND COMMUNITIES. 26 26 0 31 0 0 181803 181401 0 0 155989 182017 0 0 337792 363418 104960 148300 0 0 0 0 0 0 -1 149363 108209 254323 256509 83469 106909 2773349 2877656 146666 95122 2626683 2782534 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 164972 148300 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. 164972 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 T RANDOLPH HARRIS TREASURER 5.00 X X 0 0 0 KENDIS KEY MUSCHEID SECRETARY 5.00 X X 0 0 0 DAVID F EDWARDS CO-CHAIR, FUNDRAISING CTE (TO MAR '25) 2.00 X 0 0 0 ROBERT KIRKLAND CO-CHAIR, FUNDRAISING CTE 2.00 X 0 0 0 FARHAD AGHDAMI DIRECTOR (FROM MAR '25) 2.00 X 0 0 0 BRAD BEDINGFIELD DIRECTOR 2.00 X 0 0 0 S GRAY EDMONDSON DIRECTOR (FROM MAR '25) 2.00 X 0 0 0 TODD A FLUBACHER DIRECTOR 2.00 X 0 0 0 KEITH BRADOC GALLANT DIRECTOR (TO MAR '25) 2.00 X 0 0 0 PETER S GORDON DIRECTOR (TO MAR '25) 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 CHRISTOPHER R HOYT DIRECTOR (TO MAR '25) 2.00 X 0 0 0 JOSHUA E HUSBANDS DIRECTOR (FROM MAR '25) 2.00 X 0 0 0 CYNTHIA G LAMAR-HART DIRECTOR 2.00 X 0 0 0 WILLIAM P LAPIANA DIRECTOR 2.00 X 0 0 0 JUDY Y LEE DIRECTOR 2.00 X 0 0 0 HUGH MAGILL DIRECTOR 2.00 X 0 0 0 W CAMERON MCCULLOCH DIRECTOR 2.00 X 0 0 0 MICHELE A W MCKINNON DIRECTOR (TO MAR '25) 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 2.00 X 0 0 0 MICHAELLE D RAFFERTY DIRECTOR (FROM MAR '25) 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 2.00 X 0 0 0 AKANE R SUZUKI DIRECTOR (FROM MAR '25) 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 181401 181401 62379 62379 927237 807599 119638 119638 119638 363418 0 0 182017 102800 102800 45500 45500 21084 21084 27294 27294 10000 10000 28334 28334 7790 7790 4953 4953 1277 1277 540 540 EDUCATIONAL SERVICES 6672 6672 STATE REGISTRATION FEES 265 266 -1 256509 164972 91538 -1 143703 33711 81718 383923 5950 10075 5107 4567 45430 7621 10138 37809 2515847 2396637 10886 10934 2773349 2877656 7427 2248 133980 88443 5259 4431 146666 95122 X 2091772 2226203 534911 556331 2626683 2782534 2773349 2877656 X 106909 26706 22236 X 0 1 X 1 0 X 168632 152204 205234 181803 181401 889274 168632 152204 205234 181803 181401 889274 26833 21350 9050 22250 14500 93983 0 26833 21350 9050 22250 14500 93983 795291 36126 36237 46560 57109 62379 238411 36126 36237 46560 57109 62379 238411 204758 188441 251794 238912 243780 1127685 0.70520 0.69000 0.21140 0.20560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 451466 31420 10000 472886 413363 38103 451466 402111 11252 413363 436657 -34546 402111 327456 109201 436657 0.57989 0.42011 0 0 45430 7621 37809 37809 INTERCOMPANY DUE TO 4431 4431 590927 26706 228097 254803 336124 27294 27294 363418 435076 228097 228097 206979 27294 22236 49530 256509 PART XII, LINE 4B - OTHER ADJUSTMENTS: RETURN GRANTS 22,236. 1 ROCKY MOUNTAIN FELLOWS INSTITUTE 901 15TH ST NW SUITE 525 WASHINGTON DC 20005 274395855 501(C)(6) 50000 0 RUDY OGBURN SCHOLARSHIP FUND GEORGE MASON UNIVERSITY 4400 UNIVERSITY DR MS 4C6 FAIRFAX VA 22030 540836354 115 32800 0 ACTEC FOUNDATION SYMPOSIUM; UNIVERSITY GRANT HOFSTRA UNIVERSITY 128 HOFSTRA UNIV PHILLIPS HALL 100 HEMPSTEAD NY 11549 111630906 501(C)(3) 20000 0 STUDENT EDITORIAL BOARD GRANT 2 1 DENNIS I. BELCHER YOUNG LEADERS PROGRAM 6 33000 2025 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 $504,813 DEFERRED COMPENSATION $17,250 NONTAXABLE BENEFITS $19,122 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. FORM 990, PART XI, LINE 9: RETURN GRANTS 22,236.