2014-11-17T13:41:34-06:00 2013-12-31 941254756 HOOD & STRONG LLP 100 FIRST STREET 14TH FLOOR SAN FRANCISCO CA 94105 990 2013-01-01 952540449 INSTITUTE FOR THE FUTURE INST 6508546322 201 HAMILTON AVENUE PALO ALTO CA 94301 JEAN HAGAN EXECUTIVE PRODUCER 6508546322 2014-11-13 1 MAGA E KISRIEV P01008919 4157810793 2013 2015-11-30 17:44:51Z X MARINA GORBIS 201 HAMILTON AVENUE PALO ALTO CA 94301 8824038 0 X WWW.IFTF.ORG X 1968 CA PROVIDE FUTURE FORECASTING TO ORGANIZATIONS WORLDWIDE. 9 6 45 6 0 0 2800 0 8556072 8813090 2329 1350 25803 9598 8587004 8824038 0 0 0 0 4897887 5320137 0 0 0 3418370 3355335 8316257 8675472 270747 148566 3793112 4035974 1351099 1449558 2442013 2586416 X WE CATALYZE THE GLOBAL COMMUNITY TO THINK SYSTEMATICALLY ABOUT THE FUTURE. AS AN INDEPENDENT NONPROFIT, WE ARE LEADING INNOVATORS IN THE SYSTEMATIC AND COMPREHENSIVE RESEARCH OF THE LONG-TERM FUTURE, PROVIDING METHODOLOGIES AND TOOLS THAT ENGAGE BOTH THE PRIVATE AND PUBLIC SECTORS IN ORDER TO: DISCERN AND COPE WITH TODAY'S SOCIETAL DILEMMAS; AVOID CREATION OF MORE COMPLEX DILEMMAS TOMORROW; AND CREATE NEW, IMPORTANT ALTERNATIVES IN SHAPING THE GLOBAL FUTURE. 0 0 622978 1409374 TECHNOLOGY HORIZONS PROGRAM - THE TECHNOLOGY HORIZONS PROGRAM COMBINES A DEEP UNDERSTANDING OF TECHNOLOGY AND SOCIETAL FORCES TO IDENTIFY AND EVALUATE DISCONTINUITIES AND INNOVATIONS IN THE NEXT THREE TO TEN YEARS. WE HELP ORGANIZATIONS DEVELOP INSIGHTS AND STRATEGIC TOOLS TO BETTER POSITION THEMSELVES FOR THE FUTURE. THIS IS AN ANNUAL MEMBERSHIP PROGRAM THAT, ALONG WITH ALL OTHER CORE FOUNDATIONAL MULTICLIENT PROGRAMS, PROVIDES THE BUILDING BLOCKS FOR INITIATIVES THAT FURTHER OUR MISSION IN LEADING THE EFFORTS ON LONG-TERM THINKING, WHILE ALSO SUPPORTING ONGOING PUBLIC AND PRIVATE SECTOR SPECIAL PROJECTS THAT PUSHES OUR RESEARCH IN NEW AREAS OF STUDY. IN 2013 THIS PROGRAM SERVED A MEMBERSHIP OF OVER 22 COMPANIES WORLDWIDE AND HOSTED A SERIES OF THREE LARGE EVENTS, SEVERAL SMALLER ENGAGEMENTS AND PUBLISHED A SET OF MATERIALS THROUGHOUT THE YEAR INCLUDING A SCIENCE FICTION ANTHOLOGY, SEVERAL RESEARCH MAPS, TWO WEBSITES AND A SET OF REPORTS. 357878 761622 HEALTH HORIZONS PROGRAM - THE HEALTH HORIZONS PROGRAM COMBINES A DEEP UNDERSTANDING OF THE GLOBAL HEALTH ECONOMY, USER BEHAVIOR, HEALTH AND MEDICAL TECHNOLOGIES, HEALTH CARE DELIVERY SYSTEM, AND SOCIETAL FORCES TO IDENTIFY AND EVALUATE EMERGING TRENDS, DISCONTINUITIES, AND INNOVATIONS IN THE NEXT THREE TO TEN YEARS. THIS IS AN ANNUAL MEMBERSHIP PROGRAM THAT, ALONG WITH ALL OTHER CORE FOUNDATIONAL MULTICLIENT PROJECTS, PROVIDES THE BUILDING BLOCKS FOR INITIATIVES THAT FURTHER OUR MISSION IN LEADING THE EFFORTS ON LONG-TERM THINKING, WHILE ALSO SUPPORTING ONGOING PUBLIC AND PRIVATE SECTOR SPECIAL PROJECTS THAT PUSHES OUR RESEARCH IN NEW AREAS OF STUDY. IN 2013 THIS PROGRAM SERVED OVER 14 HEALTH AND HEALTH CARE COMPANIES WORLDWIDE, HOSTED TWO LARGE CONFERENCES AND PUBLISHED 3 SETS OF FINDINGS. 413057 854817 TEN-YEAR FORECAST PROGRAM - FOR NEARLY FOUR DECADES, THE TEN-YEAR FORECAST PROGRAM HAS BEEN A LEADING SOURCE OF FORESIGHT FOR A VANGUARD OF BUSINESS, GOVERNMENT, AND NONPROFIT ORGANIZATIONS. IT IS A PLATFORM FOR SENSING TODAY'S LATENT SIGNALS, TRACKING THEIR INTERSECTIONS TO UNDERSTAND THE ECOSYSTEM OF CHOICES, AND THEN DESIGNING PLATFORMS FOR FUTURE RESILIENCE. FOCUSING ON THE NEXT THREE TO TEN YEARS, THE PROGRAM ANTICIPATES DISCONTINUITIES AND EMERGING DILEMMAS - DISCONTINUITIES BECAUSE THEY CHALLENGE BUSINESS AS USUAL AND DILEMMAS BECAUSE THEY DEMAND NEW WAYS OF THINKING ABOUT COMPLEX PROBLEMS. THIS IS AN ANNUAL MEMBERSHIP PROGRAM THAT, ALONG WITH ALL OTHER CORE FOUNDATIONAL MULTICLIENT PROJECTS, PROVIDES THE BUILDING BLOCKS FOR INITIATIVES THAT FURTHER OUR MISSION IN LEADING THE EFFORTS ON LONG-TERM THINKING, WHILE ALSO SUPPORTING ONGOING PUBLIC AND PRIVATE SECTOR SPECIAL PROJECTS THAT PUSHES OUR RESEARCH IN NEW AREAS OF STUDY. IN 2013 THIS PROGRAM SERVED OVER 45 COMPANIES WORLDWIDE WITH ONE LARGE ANNUAL CONFERENCE AND PUBLISHED A SERIES OF RESEARCH FINDINGS DELIVERED IN APRIL. 2250300 5787277 OTHER PROGRAM SERVICE ACCOMPLISHMENTS INCLUDE SMALLER MULTICLIENT PROGRAM INITIATIVES COVERING THE GLOBAL FOOD (SOCIAL HEALTH AND WELL-BEING INITIATES), FUTURE OF WORK (CHANGES IN THE FUTURE WORKFORCE), AND FUTURE OF LEARNING (DISRUPTIONS IN LEARNING IMPACTING TRADITIONAL LEARNING INSTITUTIONS), AS WELL AS SPECIAL PROJECTS THAT SUPPORT ONGOING RESEARCH IN IFTF'S MAIN PROGRAM AREAS. THESE PROGRAMS SERVE 3-5 COMPANIES EACH, ALL HOST AN LARGE ANNUAL EVENT AND PUBLISH A ROBUST SET OF FINDINGS IN MAPS, REPORTS AND ONLINE OFFERINGS. 2250300 5787277 3644213 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 75 0 45 1 0 0 0 0 0 0 0 0 0 0 X 9 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X JEAN HAGAN 6502339551 201 HAMILTON AVENUE PALO ALTO CA 94301 MARINA GORBIS EXECUTIVE DIRECTOR 40.00 X X 235421 0 52292 RODRIGO FALCON TECHNOLOGY HORIZON PROGRAM DIRECTOR 40.00 X X 175942 0 27551 JEAN HAGAN EXECUTIVE PRODUCER 40.00 X X 165910 0 43954 ELLEN MARRAM INDEPENDENT TRUSTEE 1.00 X 0 0 0 ARON CRAMER INDEPENDENT TRUSTEE 1.00 X 0 0 0 KAREN EDWARDS INDEPENDENT TRUSTEE 1.00 X 0 0 0 DEBRA ENGEL INDEPENDENT TRUSTEE 1.00 X 0 0 0 MICHAEL KLEEMAN INDEPENDENT TRUSTEE 1.00 X 0 0 0 SANDRA HERNANDEZ INDEPENDENT TRUSTEE 1.00 X 0 0 0 MARTY LOW CHIEF FINANCIAL OFFICER 40.00 X 51541 0 367 KIM LAWRENCE DIRECTOR OF FINANCE, SECRETARY-TREASURER/CONTROLLE 40.00 X 101147 0 38477 ROBERT JOHANSEN DISTINGUISHED FELLOW 40.00 X 217414 0 42649 KATHLEEN VIAN TEN-YEAR FORECAST PROGRAM DIRECTOR 40.00 X 173594 0 27585 DAWN ALVA MANAGER, BUSINESS DEVELOPMENT 40.00 X 128741 0 34077 MICHAEL SEAN NESS DIRECTOR, BUSINESS DEVELOPMENT 40.00 X 217419 0 14449 LYN JEFFERY TEN-YEAR FORECAST PROGRAM DIRECTOR 40.00 X 127171 0 38200 MICHAEL LIEBHOLD DISTINGUISHED FELLOW 40.00 X 122729 0 28226 BRINDA DALAL TECHNOLOGY HORIZONS PROGRAM DIRECTOR 40.00 X 120924 0 20114 1837953 0 367941 13 0 1 0 0 SPECIAL PROJECT REVENU 541700 5252365 5252365 MEMBERSHIP DUES 541700 3557380 3557380 PUBLICATION INCOME 511190 3345 3345 8813090 1350 1350 OTHER REVENUE 900099 9598 9598 9598 8824038 8813090 0 10948 X 1353844 393102 960742 2456062 1106034 1350028 211302 96206 115096 885385 381848 503537 413544 169553 243991 2055 2055 29068 29068 1179990 635221 544769 306130 140735 165395 271734 47960 223774 565444 565444 868921 666775 202146 25001 6779 18222 43444 43444 16514 16514 47034 47034 8675472 3644213 5031259 0 81373 463369 1332590 575518 2263382 2912511 12246 11967 444631 393252 81452 51379 22069 21230 3793112 4035974 756490 741975 594609 707583 1351099 1449558 X 2409207 2553537 32806 32879 2442013 2586416 3793112 4035974 148566 -4163 0 X 0 1 X 1 0 X 2185342 2940399 5125741 4613759 4079114 8134591 8558872 8813090 34199426 6799101 7019513 8134591 8558872 8813090 39325167 0 3213288 3545551 3984958 4581526 4614755 19940078 3213288 3545551 3984958 4581526 4614755 19940078 19385089 7474 3378 17493 27454 1350 57149 7474 3378 17493 27454 1350 57149 18262 4606 1112 678 9598 34256 6824837 7027497 8153196 8587004 8824038 39416572 0.49180 0.99710 0.00140 0.00200 X 68503 68503 0 160362 137589 22773 215766 187160 28606 51379 X 8824038 0 8824038 0 8824038 8679635 4163 4163 8675472 0 8675472 PART X, LINE 2: THE INSTITUTE HAS BEEN DETERMINED TO BE EXEMPT FROM FEDERAL AND STATE INCOME TAXES PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. IN ADDITION, THE INSTITUTE HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. MANAGEMENT EVALUATED THE INSTITUTE'S TAX POSITIONS AND CONCLUDED THAT THE INSTITUTE HAD MAINTAINED ITS TAX-EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE INSTITUTE IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES FOR TAX YEARS BEFORE 2010 AND 2009, RESPECTIVELY. X X X X X 0 0 0 1 0 0 0 0 0 MARINA GORBIS EXECUTIVE DIRECTOR 222021 0 13400 0 0 0 25268 0 27024 0 287713 0 0 0 RODRIGO FALCON TECHNOLOGY HORIZON PROGRAM DIRECTOR 162992 0 12950 0 0 0 18500 0 9051 0 203493 0 0 0 JEAN HAGAN EXECUTIVE PRODUCER 154010 0 11900 0 0 0 17000 0 26954 0 209864 0 0 0 ROBERT JOHANSEN DISTINGUISHED FELLOW 201414 0 16000 0 0 0 22857 0 19792 0 260063 0 0 0 KATHLEEN VIAN TEN-YEAR FORECAST PROGRAM DIRECTOR 165094 0 8500 0 0 0 16693 0 10892 0 201179 0 0 0 DAWN ALVA MANAGER, BUSINESS DEVELOPMENT 127241 0 1500 0 0 0 7161 0 26916 0 162818 0 0 0 MICHAEL SEAN NESS DIRECTOR, BUSINESS DEVELOPMENT 213879 0 3540 0 0 0 8850 0 5599 0 231868 0 0 0 LYN JEFFERY TEN-YEAR FORECAST PROGRAM DIRECTOR 120671 0 6500 0 0 0 13259 0 24941 0 165371 0 0 0 MICHAEL LIEBHOLD DISTINGUISHED FELLOW 112729 0 10000 0 0 0 12443 0 15783 0 150955 0 0 0 PART I, LINE 5 THE INCENTIVE COMPENSATION PLAN TAKES INTO CONSIDERATION THE OVERALL ORGANIZATIONAL AND STAFF PERFORMANCE GOALS. AS PART OF THE PLAN, THE ORGANIZATION MUST MEET ITS ANNUAL BUDGETARY GOALS AS APPROVED BY THE BOARD OF TRUSTEES, WHICH INCLUDES MEETING OR EXCEEDING FUNDING, REVENUE, AND NET ASSET GOALS. IT IS DETERMINED AT EACH ANNUAL MEETING THE AMOUNT TO BE ACCRUED AS PART THE ANNUAL BUDGET, AS WELL AS REVIEW AND APPROVE THE ORGANIZATIONAL PROPOSAL FOR DISTRIBUTION OF THE PRIOR YEAR'S INCENTIVE COMPENSATION ACCRUAL POOL. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE REVIEWED THE DRAFT FORM 990 AND MEET IN ORDER TO PROVIDE A FORUM TO ASK ANY QUESTIONS OF THE EXECUTIVE PRODUCER, EXECUTIVE DIRECTOR, OR THE TAX PREPARER. THE AUDIT COMMITTEE CHAIR THEN PROVIDED THE DRAFT FORM 990 TO THE FULL BOARD FOR REVIEW AND APPROVAL. UPON APPROVAL OF THE BOARD, THE BOARD CHAIRMAN DIRECTED THE EXECUTIVE PRODUCER TO FINALIZE AND TO FILE THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C IFTF DIRECTORS, OFFICERS, KEY EMPLOYEES, ALL STAFF, AND CONTRACTORS SIGN A NONDISCLOSURE AGREEMENT CONTAINING A CONFLICT OF INTEREST POLICY. STAFF AND CONTRACTORS ARE REQUIRED TO INFORM IFTF OF POTENTIAL CONFLICTS. THE ORGANIZATION EMPLOYS A STRONG WEB PROCESS TO SEARCH FOR OUTSIDE ARTICLES/INFORMATION AND UTILIZES STRONG STAFF COMMUNICATIONS TO MONITOR ANY ISSUES. IFTF PROGRAM DIRECTORS AND RESEARCH MANAGERS WORK DIRECTLY WITH CONSULTANTS TO UNDERSTAND THEIR OUTSIDE PROJECTS AND NOTIFY MANAGEMENT ACCORDINGLY. IFTF BOARD MEMBERS ARE DIRECTED BY A CHARTER AND ROLES AND RESPONSIBILITIES DOCUMENTATION MAINTAINING CONFLICTS OF INTEREST AS WELL AS WHISTLEBLOWER POLICIES. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE DIRECTOR (CEO) COMPENSATION IS DETERMINED AND APPROVED BY THE BOARD OF TRUSTEES UPON COMPLETION OF EXECUTIVE DIRECTOR'S ANNUAL REVIEW WITH THE BOARD. IN 2011, AND INDEPENDENT CONSULTANT PERFORMED A COMPENSATION STUDY TO DETERMINE IF ORGANIZATIONAL SALARIES FOR THE EXECUTIVE DIRECTOR, MANAGEMENT TEAM, AND RESEARCH STAFF WERE IN-LINE WITH OTHER NONPROFITS AND/OR SIMILAR RESEARCH ORGANIZATIONS. OUTSIDE SURVEYS, INTERVIEWS, AND OTHER REGIONAL BENCHMARKS WERE USED AS A COMPARATIVE BASE. A PROPOSAL IS ALSO PROVIDED TO THE BOARD AS PART OF THE ANNUAL MEETING'S YEARLY BUDGET APPROVAL PROCESS BY THE BOARD, INCLUDING FULL STAFF SALARIES AND INCENTIVE COMPENSATION ACCRUALS AND DISTRIBUTIONS. NO SALARY INCREASES OR INCENTIVE COMPENSATION IS PAID OUT WITHOUT THE BOARD APPROVAL OF THE PROPOSAL. THE BOARD MAINTAINS THE RIGHT TO ASK FOR ANY ADJUSTMENTS TO THE PROPOSAL. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 635,221. MANAGEMENT AND GENERAL EXPENSES 544,769. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,179,990.