2014-05-13T15:55:18-05:00 2013-06-30 420714325 MCGLADREY LLP 1185 AVENUE OF THE AMERICAS NEW YORK NY 100362602 990 2012-07-01 132584273 ALVIN AILEY DANCE FOUNDATION INC ALVI 2124059000 405 WEST 55TH STREET NEW YORK NY 10019 PAMELA ROBINSON 2124059000 2014-05-13 1 MARTIN GREIF P00029738 2123721000 2012 2015-11-30 17:44:51Z BENNETT RINK 405 WEST 55TH STREET NEW YORK NY 10019 120535877 0 X WWW.ALVINAILEY.ORG X 1958 NY THE MISSION OF ALVIN AILEY DANCE FOUNDATION IS TO FURTHER THE PIONEERING WORK OF ALVIN AILEY BY ESTABLISHING AN EXTENDED CULTURAL COMMUNITY WHICH PROVIDES DANCE PERFORMANCES, TRAINING AND COMMUNITY PROGRAMS FOR ALL PEOPLE. 33 32 741 96 185289 -4626 14322871 10848634 22819015 23602208 2381028 4433866 -430673 -655013 39092241 38229695 1501633 1466518 0 0 18474855 19031304 0 0 2028877 14575615 14876774 34552103 35374596 4540138 2855099 156824391 162409733 20684853 20793011 136139538 141616722 X THE MISSION OF THE AILEY ORGANIZATION IS TO FURTHER THE PIONEERING WORK OF ALVIN AILEY THROUGH DANCE PERFORMANCES, TRAINING, EDUCATIONAL AND COMMUNITY PROGRAMS FOR ALL PEOPLE. THE ORGANIZATION PLAYS A VITAL SOCIAL ROLE, USING THE BEAUTY AND HUMANITY OF THE AFRICAN-AMERICAN HERITAGE AND OTHER CULTURES TO UNITE PEOPLE OF ALL RACES, AGES, AND BACKGROUNDS. 0 0 14768596 11756663 ALVIN AILEY AMERICAN DANCE THEATER - FOUNDED BY ALVIN AILEY IN 1958, ALVIN AILEY AMERICAN DANCE THEATER NOW ANNUALLY REACHES ABOUT 300,000 AUDIENCE MEMBERS ACROSS THE GLOBE. SINCE ITS INCEPTION, THE COMPANY HAS PERFORMED IN 71 COUNTRIES ON 6 CONTINENTS FOR AN ESTIMATED 25 MILLION PEOPLE AT VENUES WORLDWIDE, PLUS TENS OF MILLIONS MORE PEOPLE VIA TELEVISION APPEARANCES. IN 2008, THE AILEY COMPANY WAS DESIGNATED "A VITAL AMERICAN CULTURAL AMBASSADOR TO THE WORLD" BY THE UNITED STATES CONGRESS. THE COMPANY NUMBERS THIRTY OF THE MOST TALENTED AND VERSATILE DANCERS IN THE WORLD, AND ITS DIVERSE REPERTORY IS UNPARALLELED IN MODERN DANCE. A TYPICAL ALVIN AILEY AMERICAN DANCE THEATER SEASON INCLUDES A U.S. TOUR TO OVER 20 CITIES, EXTENSIVE INTERNATIONAL TOURING, AND TWO ENGAGEMENTS IN ITS HOME BASE OF NEW YORK CITY: A SPRING ENGAGEMENT AT LINCOLN CENTER AND A 5-WEEK WINTER ENGAGEMENT AT NEW YORK CITY CENTER, WHERE AILEY IS THE PRINCIPAL DANCE COMPANY AND HAS APPEARED ANNUALLY SINCE 1972. 1957765 1109918 AILEY II - LAUNCHED BY MR. AILEY IN 1974, AILEY II IS NOW UNIVERSALLY RENOWNED FOR MERGING THE COUNTRY'S BEST YOUNG DANCE TALENT WITH THE CREATIVE VISION OF TODAY'S MOST OUTSTANDING EMERGING CHOREOGRAPHERS. AILEY II FLOURISHED UNDER THE LEADERSHIP OF SYLVIA WATERS FROM ITS INCEPTION TO 2011, COMBINING A RIGOROUS TOURING SCHEDULE WITH EXTENSIVE COMMUNITY OUTREACH PROGRAMS. NOW LED BY THE DYNAMIC ARTISTIC DIRECTOR TROY POWELL, AILEY II IS COMPRISED OF 12 OF THE AILEY SCHOOL'S MOST PROMISING SCHOLARSHIP STUDENTS. AILEY II REACHES AUDIENCES IN MORE THAN 40 CITIES EACH YEAR ACROSS THE U.S. AND ABROAD. THE COMPANY OFFERS ITS DANCERS INVALUABLE PERFORMING EXPERIENCE AND CRUCIAL TRAINING, CREATING A BRIDGE FROM THE CLASSROOM TO THE STAGE. 11063332 1466518 9988472 AILEY EDUCATION AND OUTREACH PROGRAMS - THROUGH THE AILEY SCHOOL, ITS EXTENSIVE ARTS IN EDUCATION PROGRAMS, AND THE AILEY EXTENSION, THE ORGANIZATION IS COMMITTED TO BRINGING DANCE INTO THE LIVES OF INDIVIDUALS OF ALL AGES AND BACKGROUNDS.FOUNDED IN 1969, THE AILEY SCHOOL IS AN ACCREDITED INSTITUTIONAL MEMBER OF THE NATIONAL ASSOCIATION OF SCHOOLS OF DANCE AND SERVES AS THE OFFICIAL SCHOOL OF THE ALVIN AILEY AMERICAN DANCE THEATER. THE SCHOOL OFFERS MORE THAN 300 CLASSES WEEKLY FOR AGES 3 THROUGH 25 IN A BROAD RANGE OF DANCE TECHNIQUES. THE SCHOOL'S SCHOLARSHIP PROGRAM PROVIDES ASSISTANCE FOR TALENTED AND DESERVING STUDENTS; MORE THAN 300 SCHOLARSHIPS ARE AWARDED EACH YEAR, WITH OVER 75% OF FINANCIAL ASSISTANCE GOING TO MINORITY STUDENTS. IN CONJUNCTION WITH FORDHAM UNIVERSITY, THE AILEY SCHOOL ALSO OFFERS A BACHELOR OF FINE ARTS DEGREE IN DANCE.EACH YEAR, AILEY ARTS IN EDUCATION AND COMMUNITY PROGRAMS PROVIDE YOUNG PEOPLE FROM DIVERSE CULTURAL AND ECONOMIC BACKGROUNDS THE OPPORTUNITY TO EXPLORE THEIR CREATIVE POTENTIAL, BUILD SELF-ESTEEM, AND DEVELOP LIFE-SKILLS SUCH AS TEAMWORK AND SELF-DISCIPLINE. PROGRAMS INCLUDE AILEYCAMP, A UNIQUE SUMMER DAY CAMP PROGRAM FOR UNDERSERVED CHILDREN IN MAJOR CITIES ACROSS THE UNITED STATES; AILEYDANCE KIDS, WHICH PRESENTS DANCE CLASSES AND CROSS-CURRICULAR LESSONS TO APPROXIMATELY 4,000 PUBLIC SCHOOL STUDENTS IN NY AND NJ; REVELATIONS: AN INTERDISCIPLINARY APPROACH, A CURRICULUM-BASED INITIATIVE THAT USES ALVIN AILEY AMERICAN DANCE THEATER'S SIGNATURE PIECE TO TEACH ACADEMIC SUBJECTS IN CLASSROOMS ACROSS THE COUNTRY.THE AILEY EXTENSION OFFERS DANCE AND FITNESS CLASSES OPEN TO THE PUBLIC, WITH MORE THAN 80 CLASSES EACH WEEK IN A VARIETY OF TECHNIQUES INCLUDING HORTON, BALLET, WEST AFRICAN, AND ZUMBA. SINCE ITS INCEPTION IN 2005, MORE THAN 70,000 PEOPLE HAVE TAKEN CLASSES THROUGH THE AILEY EXTENSION. 798799 629867 ANCILLARY ON-SITE COMMUNITY PROGRAMS 798799 629867 28588492 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 280 0 1 741 1 1 1 0 0 0 0 1 1 0 0 0 0 X 33 32 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA FL MA MD NC NJ NY PA VA X PAMELA ROBINSON 2124059000 405 WEST 55TH STREET NEW YORK NY 10019 X JAMES G ABRUZZO 5.00 X 0 0 0 GINA F ADAMS 5.00 X 0 0 0 FRANK R AHIMAZ FROM 912 5.00 X 0 0 0 SIMIN N ALLISON 5.00 X X 0 0 0 ELEANOR S APPLEWHAITE ESQ 5.00 X 0 0 0 ROBERT BATTLE 50.00 X 319552 0 19585 NICOLE A BERNARD 5.00 X 0 0 0 ANTOINETTE COOPER BLAIR 5.00 X 0 0 0 JUDITH BYRD 5.00 X 0 0 0 ANTHONY M CARVETTE 5.00 X 0 0 0 KATHRYN C CHENAULT 5.00 X 0 0 0 DAVID S DANIEL THRU 912 5.00 X 0 0 0 CATHERINE DAVIS THRU 912 5.00 X 0 0 0 DARIA FOSTER 5.00 X X 0 0 0 GUIDO GOLDMAN 5.00 X X 0 0 0 ANITA-AGNES O HASSELL 5.00 X 0 0 0 JENNY IRELAND FROM 912 5.00 X 0 0 0 ANTHONY KENDALL FROM 313 5.00 X 0 0 0 ROBERT KISSANE 5.00 X X 0 0 0 DEBRA L LEE 5.00 X X 0 0 0 MICHELLE Y LEE 5.00 X 0 0 0 NATASHA LEIBEL LEVINE MD 5.00 X 0 0 0 ANTHONY A LEWIS 5.00 X 0 0 0 LINDA M LINDENBAUM 5.00 X X 0 0 0 LESLIE L MAHERAS 5.00 X 0 0 0 ARTHUR J MAHON THRU 912 5.00 X 0 0 0 HENRY MCGEE 8.00 X X 0 0 0 ARTHUR J MIRANTE II 5.00 X X 0 0 0 DAVID E MONN 5.00 X 0 0 0 GABRIELLA E MORRIS 5.00 X 0 0 0 MARYLIN PRINCE 5.00 X 0 0 0 STANLEY PLESENT ESQ 5.00 X 0 0 0 ROBIN ROYALS 5.00 X 0 0 0 JOHN H SCHAEFER 5.00 X X 0 0 0 RICHARD SPECIALE 5.00 X 0 0 0 LEMAR SWINNEY 5.00 X 0 0 0 JOAN H WEILL 10.00 X X 0 0 0 PAMELA ROBINSON 40.00 X 235432 0 124537 BENNETT RINK 40.00 X 291640 0 150848 SHARON LUCKMAN 50.00 X 1555676 0 21829 ELENA PAUL 40.00 X 51417 0 1789 MASAZUMI CHAYA 40.00 X 242023 0 286924 CALVIN HUNT 40.00 X 219355 0 99936 THOMAS COTT 40.00 X 195739 0 17867 CHRISTOPHER ZUNNER 40.00 X 173244 0 14880 MICHAEL LEDERMAN 40.00 X 149151 0 37133 AMANDA NELSON 40.00 X 157379 0 16632 MELANIE PERSON 40.00 X 130907 0 12477 JUDITH JAMISON 10.00 X 142466 0 34 3863981 0 804471 25 1 1 0 OPUS 3 ARTISTS 470 PARK AVE SO NEW YORK NY 10016 BOOKING AGENT 270595 DIVINE PHYSICAL THERAPY 89 VANDERVEER STREET 1ST FLOOR BROOKLYN NY 11207 PHYSICAL THERAPY SERVICES 198126 JPMORGAN CHASE BANK NA 270 PARK AVENUE NEW YORK NY 10017 INVESTMENT MGMT FEES 145610 MCGLADREY LLP 1185 AVENUE OF THE AMERICAS NEW YORK NY 10036 AUDIT/ACCOUNTING SERVICES 113605 4 3791555 530573 6526506 530449 10848634 PERFORMANCE FEES 711120 12866581 12866581 TUITION & TEACHING FEES 611600 9396539 9396539 STUDIO INCOME 531120 747155 561866 185289 STUDENT FEES 611710 445236 445236 SCHOOL TICKET SALES 611600 146697 146697 23602208 2213442 2213442 87182 87182 83403061 81182637 2220424 2220424 2220424 238569 3791555 1123545 -884976 -884976 MISC. INCOME 900099 74780 74780 RELATED MERCHANDISE SALES 711120 68001 68001 142781 38229695 23484920 185289 3710852 1466518 1466518 2571614 986608 1585006 13115094 10867466 1087282 1160346 428043 384905 19428 23710 1828492 1546638 163081 118773 1088061 872605 146889 68567 63773 63773 149078 149078 195882 195882 3404121 2972706 361560 69855 1590432 1590432 526713 235408 153813 137492 190890 131462 41420 18008 169187 169187 1831808 1653114 127803 50891 2624220 2566520 46763 10937 140748 121043 14075 5630 1671614 1437588 167161 66865 182215 153880 28283 52 DEBT SRVC & OTHER FEES 501781 122422 342396 36963 COSTUMES & WARDROBE 384837 384837 EQUIPMENT RENTAL 300546 300546 948929 624607 63534 260788 35374596 28588492 4757227 2028877 11258544 11420512 9970684 8414254 7139909 5320418 420543 1426189 15815 15893 193958 239509 52416054 12827421 40945559 39588633 68092844 78082331 16538271 15326415 2248264 2575579 156824391 162409733 5160255 4990836 1690031 1970742 13834567 13831433 20684853 20793011 X 76150381 79310454 15368678 17578933 44620479 44727335 136139538 141616722 156824391 162409733 2855099 2622085 0 X 0 1 X 1 0 X 9458190 10564613 11957843 14322871 10848634 57152151 20077801 18006738 21815843 22961068 23484920 106346370 29535991 28571351 33773686 37283939 34333554 163498521 10357289 1460327 2503799 5953000 1791970 22066385 0 10357289 1460327 2503799 5953000 1791970 22066385 141432136 2574371 2310536 1790658 1991133 2400624 11067322 2574371 2310536 1790658 1991133 2400624 11067322 95113 111113 159838 187021 185289 738374 50513 61723 30931 33072 74780 251019 32255988 31054723 35755113 39495165 36994247 175555236 0.80560 0.77830 0.06300 0.06150 X SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 48550319 3572766 4937785 2100627 54960243 43594415 6782071 -1183022 643145 48550319 37287514 2894110 3884825 472034 43594415 30168886 2897362 5070489 849223 37287514 33849566 3093804 -5990017 784467 30168886 0.20000 0.75000 0.05000 0 0 9334293 9334293 33217781 7120532 26097249 9863980 5706889 4157091 39588633 ALTERNATIVE INVESTMENTS 15326415 F 15326415 BONDS PAYABLE 13760000 LIABILITIES FOR AMOUNTS HELD FOR OTHERS 71433 13831433 X 39519924 2622085 113899 -1249873 1486111 38033813 195882 195882 38229695 34042740 113899 113899 33928841 195882 1249873 1445755 35374596 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE FOUNDATION'S ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE ORGANIZATION MUST HOLD IN PERPETUITY OR FOR A DONOR-SPECIFIED PERIOD(S) AS WELL AS BOARD-DESIGNATED FUNDS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: MANAGEMENT HAS EVALUATED THE FOUNDATION'S TAX POSITIONS AND HAS CONCLUDED THAT THE FOUNDATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2010, WHICH IS THE STANDARD STATUTE OF LIMITATIONS LOOK-BACK PERIOD. PART XI, LINE 2D - OTHER ADJUSTMENTS: TUITION REMISSIONS & OTHER GRANTS -1,249,873. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION REMISSIONS & OTHER GRANTS 1,249,873. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES DANCE PERFORMANCES 314076 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES DANCE PERFORMANCES 99123 CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 15326415 0 0 0 0 0 0 15739614 0 15739614 1 0 1 1 0 0 ONG DINNER 2359489 2239004 120485 460090 APOLLO DINNER 964329 942880 21449 43379 321153 1 706306 609671 96635 298923 4030124 3791555 238569 43379 1080166 1123545 -884976 1 TUITION REMISSION 340 1050652 LIVING STIPENDS 54 226261 TUITION ASSISTANCE 13 181850 PROFESSIONAL DEVELOPMENT 1 7755 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: STUDENT AID IS GIVEN IN THE FORM OF TUITION REMISSION, WHICH IS APPLIED DIRECTLY TO THE STUDENT'S ACCOUNT. OTHER AID IS GIVEN THROUGH CASH STIPENDS FOR LIVING EXPENSES. THIS AID IS DISBURSED EACH SEMESTER WHEN THE STUDENT ARRIVES. THE STUDENT MUST MAINTAIN SATISFACTORY ACADEMIC PROGRESS IN ALL OF THEIR CLASSES. X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 ROBERT BATTLE 319552 0 0 0 0 0 6750 0 12835 0 339137 0 0 0 PAMELA ROBINSON 235432 0 0 0 0 0 96867 0 27670 0 359969 0 0 0 BENNETT RINK 291640 0 0 0 0 0 123000 0 27848 0 442488 0 0 0 SHARON LUCKMAN 455676 0 0 0 1100000 0 7500 0 14329 0 1577505 0 825000 0 MASAZUMI CHAYA 242023 0 0 0 0 0 272032 0 14892 0 528947 0 0 0 CALVIN HUNT 219355 0 0 0 0 0 89981 0 9955 0 319291 0 0 0 THOMAS COTT 195739 0 0 0 0 0 5988 0 11879 0 213606 0 0 0 CHRISTOPHER ZUNNER 173244 0 0 0 0 0 5250 0 9630 0 188124 0 0 0 MICHAEL LEDERMAN 149151 0 0 0 0 0 5196 0 31937 0 186284 0 0 0 AMANDA NELSON 157379 0 0 0 0 0 5325 0 11307 0 174011 0 0 0 JUDITH JAMISON 0 0 0 0 142466 0 0 0 34 0 142500 0 0 0 PART I, LINE 1A A HOUSING ALLOWANCE AND PAYMENTS TO OFFSET TAX CONSEQUENCES WERE PAID TO THE ARTISTIC DIRECTOR EMERITA. THESE AMOUNTS ARE INCLUDED IN "OTHER REPORTABLE COMPENSATION" AND REPORTED ON THE W2. PART I, LINE 4B THE FORMER EXECUTIVE DIRECTOR HAD AN EMPLOYMENT CONTRACT WITH THE FOUNDATION COVERING THE PERIOD FROM JULY 1, 2009 TO JUNE 30, 2013. INCLUDED IN THE AGREEMENT WAS THE PROVISION FOR A SPECIAL BONUS OF $500,000 AND A SUPPLEMENTAL RETIREMENT PAYMENT OF $600,000, TO BE PAID TO HER UPON EITHER (1) THE TERMINATION OF THE EMPLOYMENT PERIOD ON THE EXPIRATION DATE WITHOUT HER SEPARATION FROM SERVICE PRIOR TO SUCH EXPIRATION DATE, OR (2) A TERMINATION OF THE EMPLOYMENT PERIOD PRIOR TO THE EXPIRATION DATE DUE TO HER SEPARATION FROM SERVICE DUE TO AN INVOLUNTARY TERMINATION OF HER EMPLOYMENT BY THE FOUNDATION WITHOUT CAUSE OR THE CONSTRUCTIVE DISCHARGE BY THE FOUNDATION. UPON APPOINTMENT OF A NEW EXECUTIVE DIRECTOR IN DECEMBER 2012, THE SPECIAL BONUS AND SUPPLEMENTAL RETIREMENT PAYMENT WERE PAID TO HER AND ARE SHOWN ON SCHEDULE J, PART II, COLUMN B(III). COLUMN F INCLUDES 3/4 OF THE TOTAL PAYMENT, AS THIS AMOUNT WAS INCLUDED ON PRIOR YEARS' FORM 990 RETURNS. THE ASSOCIATE ARTISTIC DIRECTOR HAS AN AGREEMENT WITH THE FOUNDATION TO BE PROVIDED A SUPPLEMENTAL RETIREMENT PENSION PAYMENT. THE AGREEMENT COVERS THE PERIOD FROM JULY 1, 2010 TO JUNE 30, 2014. THE PAYMENT OF $1,060,000 WILL BE MADE TO HIM OR TO HIS DESIGNATED DEATH BENEFICIARY/IES, AS THE CASE MAY BE, ON OR AS SOON AS PRACTICABLE AFTER THE FIRST TO OCCUR OF: (I) HIS TERMINATION OF EMPLOYMENT ON ACCOUNT OF HIS DEATH OR DISABILITY PRIOR TO JUNE 30, 2014; (II) HIS INVOLUNTARY TERMINATION OF EMPLOYMENT BY AADF PRIOR TO JUNE 30, 2014 WITHOUT CAUSE; (III) JUNE 30, 2014 IF HE IS AN ACTIVE EMPLOYEE OF AADF ON JUNE 30, 2014; OR (IV) ANY TERMINATION OF EMPLOYMENT BY HIM OCCURRING AT A TIME AND UNDER CIRCUMSTANCES THAT WOULD GIVE HIM UNPAID LEAVE RIGHTS UNDER THE FAMILY AND MEDICAL LEAVE ACT OF 1993 IF HE HAD ELECTED TO TAKE A LEAVE OF ABSENCE RATHER THAN TO TERMINATE HIS EMPLOYMENT. INCLUDED ON SCHEDULE J, PART II, COLUMN C IS $265,000, WHICH REPRESENTS 1/4 OF THE TOTAL AMOUNT LISTED ABOVE. THIS AMOUNT HAS NOT BEEN PAID AND HAS ONLY BEEN INCLUDED RATABLY UNDER THE PERIOD THE SERVICES ARE TO BE PERFORMED UNDER THE CONTRACT, PER THE INSTRUCTIONS FOR SCHEDULE J. THE FOUNDATION ENTERED INTO A "PAY TO STAY" AGREEMENT WITH THREE OF ITS SENIOR STAFF. THE AGREEMENT PROVIDES THE PARTICIPANTS WITH THE INCENTIVE TO REMAIN WITH THE FOUNDATION FOR A PERIOD OF TIME, COVERED IN THE AGREEMENT. THE EFFECTIVE DATE OF THE AGREEMENT IS APRIL 1, 2012 AND ENDS ON VARIOUS DATES, ALL WITHIN THE 2014 CALENDAR YEAR. EACH PARTICIPANT WILL RECEIVE A SINGLE LUMP SUM PAYMENT, LESS TAX WITHHOLDINGS, AS SOON AS PRACTICABLE FOLLOWING THE PARTICIPANT'S PAYMENT DATE, IF THE PARTICIPANT MAINTAINS HIS/HER ELIGIBLE ACTIVE PARTICIPATORY EMPLOYMENT WITH THE FOUNDATION THROUGH HIS/HER PAYMENT DATE. EXCEPTIONS ARE AS FOLLOWS: (I) IF A PARTICIPANT IS INVOLUNTARILY TERMINATED BY THE FOUNDATION FOR REASONS OTHER THAN CAUSE BETWEEN THE EFFECTIVE DATE AND THE PARTICIPANT'S PAYMENT DATE, THE PARTICIPANT SHALL RECEIVE THE PLAN BENEFITS; (II) IF A PARTICIPANT TERMINATES EMPLOYMENT WITH THE FOUNDATION DUE TO DEATH OR DISABILITY BETWEEN THE EFFECTIVE DATE AND THE PARTICIPANT'S PAYMENT DATE, THE PARTICIPANT SHALL RECEIVE AN APPLICABLE PORTION OF THE PLAN BENEFITS; (III) IF A PARTICIPANT IS OFFERED THE POSITION OF EXECUTIVE DIRECTOR OF THE FOUNDATION BETWEEN THE EFFECTIVE DATE AND THE PARTICIPANT'S PAYMENT DATE, THE PARTICIPANT SHALL RECEIVE AN APPLICABLE PORTION OF THE PLAN BENEFITS, IF THE PARTICIPANT REMAINS IN THE EMPLOY OF THE FOUNDATION THROUGH HIS OR HER PAYMENT DATE. SAID PORTION IS TO BE CALCULATED AS DESCRIBED IN THE AGREEMENT; (IV) A PARTICIPANT WHO IS TERMINATED BY THE FOUNDATION FOR CAUSE OR WHO VOLUNTARILY TERMINATES HIS OR HER EMPLOYMENT WITH THE FOUNDATION PRIOR TO HIS OR HER PAYMENT DATE SHALL NOT BECOME ENTITLED TO ANY PLAN BENEFITS. THE AGREEMENT COVERS THE SENIOR DIRECTOR OF PERFORMANCE & PRODUCTION, THE CFO, AND THE NEW EXECUTIVE DIRECTOR (FORMERLY SENIOR DIRECTOR OF EXTERNAL AFFAIRS), WITH PAYOUT AMOUNTS RANGING FROM $250,000 TO $310,000. INCLUDED ON SCHEDULE J, PART II, COLUMN C IS THE ACCRUED PORTION, FOR CALENDAR YEAR 2012, OF EACH PARTICIPANT'S PAYMENT AMOUNT, AS LISTED ABOVE. THIS AMOUNT HAS NOT BEEN PAID AND HAS ONLY BEEN INCLUDED RATABLY UNDER THE PERIOD THE SERVICES ARE TO BE PERFORMED UNDER THE AGREEMENT, PER THE INSTRUCTIONS FOR SCHEDULE J. A TRUST FOR CULTURAL RESOURCES OF THE CITY OF NEW YORK 911882413 649717MV4 2003-11-06 20000000 TO FINANCE PART OF THE CONSTRUCTION COSTS OF THE ORGANIZATION'S FACILITIES 0 0 0 A 20000000 626103 440173 18762525 171200 2007 0 0 1 1 A 0 0 1 0 0 0.01000 0.01000 0.02000 0 0 0 A 0 0 0 0 1 0 0 0 0 X 12 382551 FMV WHEN DONATED X 3 29688 RETAIL VALUE X PRINTING SERVICES/SUPPLIES 1 28918 RETAIL VALUE X EVENT SERVICES/SUPPLIES 6 89292 RETAIL VALUE 0 0 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS: PART I, COLUMN (B): THE NUMBER OF CONTRIBUTORS ABOVE REPRESENTS THE NUMBER OF DONORS OF NON-CASH ITEMS DURING THE FISCAL YEAR ENDED JUNE 30, 2013. FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT OF THE 990 IS THOROUGHLY EXAMINED AND REVIEWED BY THE TREASURER & CFO AND BY THE CHAIR OF THE AUDIT COMMITTEE, AS WELL AS THE EXECUTIVE DIRECTOR AND BY OTHER KEY STAFF AS APPROPRIATE. THE COMPLETED 990 IS THEN REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS (WHO WAS PREVIOUSLY DELEGATED THAT RESPONSIBILITY BY THE FULL BOARD) PRIOR TO FILING. ALSO PRIOR TO FILING, A FULL COPY IS SENT TO THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE CONFLICT OF INTEREST POLICY IS SENT TO EACH MEMBER OF THE BOARD, AS WELL AS THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES. THE POLICY IS REVIEWED AND DISCUSSED AT ONE BOARD MEETING EACH YEAR. INDIVIDUALS ARE REQUIRED TO COMPLETE AND RETURN A QUESTIONNAIRE WHICH WOULD NOTE ANY NECESSARY DISCLOSURES OR CONFLICTS. THE CFO REVIEWS EACH COMPLETED QUESTIONNAIRE AND, IF A CONFLICT ARISES, THE CFO WILL BRING THE MATTER TO THE ATTENTION OF THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD PERFORMS DUE DILIGENCE ON APPROPRIATE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND MAKES A RECOMMENDATION TO THE EXECUTIVE COMMITTEE FOR APPROVAL. THE COMPENSATION COMMITTEE SEEKS DIRECTION AND ADVICE FROM OUTSIDE COUNSEL, WHO SPECIALIZE IN EXECUTIVE COMPENSATION, AND FROM CONSULTANTS WHO PERFORM BENCHMARKING ANALYSIS TO ASSIST IN DEVELOPING THE RECOMMENDATION. THE EXECUTIVE COMMITTEE MEETS WITH THE COMPENSATION COMMITTEE AND COUNSEL TO REVIEW THE PROPOSED COMPENSATION. AADF PERFORMS INTERNAL BENCHMARKING FOR OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION USING PUBLISHED SURVEYS AND OTHER RESOURCES. SALARY RECOMMENDATIONS ARE PROPOSED BY THE EXECUTIVE DIRECTOR TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR APPROVAL. THESE RECOMMENDATIONS ARE ALSO REVIEWED BY A MEMBER OF THE BOARD WHO IS A PROFESSIONAL IN EXECUTIVE RECRUITMENT. FORM 990, PART VI, SECTION C, LINE 19 THE IRS FORM 990 IS AVAILABLE UPON REQUEST AND ALSO ON WEBSITES SUCH AS GUIDESTAR.ORG. GOVERNING DOCUMENTS, SUCH AS THE CONFLICT OF INTEREST POLICY AND THE AUDITED FINANCIAL STATEMENTS, ARE NOT AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PART VII THE ORGANIZATION, IN A FULL TRANSPARENCY POSTURE TO REPORTING, IS REPORTING ALL BENEFITS IN FULL IN PART VII, COLUMN F, AND NOT APPLYING THE $10,000 PER ITEM EXCEPTION FOR CERTAIN BENEFITS. FORM 990, PART VII & SCHEDULE J ROBERT BATTLE, ARTISTIC DIRECTOR & TRUSTEE, IS COMPENSATED FOR HIS SERVICE TO THE ORGANIZATION AS THE ARTISTIC DIRECTOR, NOT FOR HIS SERVICE AS A TRUSTEE.