2013-05-25T10:41:23-05:00 2012-12-31 541498950 RENNER AND COMPANY CPA PC 700 NORTH FAIRFAX ST SUITE 400 ALEXANDRIA VA 22314 990 2012-01-01 521149668 VIETNAM VETERANS MEMORIAL FUND INC VIET 2023930090 2600 VIRGINIA AVENUE NW NO 104 WASHINGTON DC 20037 DANIEL REESE 2023930090 2013-05-24 1 JOAN MRENNER P00456765 7035351200 2012 2016-02-25 16:41:14Z DANIEL REESE 2600 VIRGINIA AVENUE NW SUITE 104 WASHINGTON DC 20037 10783563 0 X WWW.VVMF.ORG X 1979 DC TO PRESERVE THE LEGACY OF THE VIETNAM VETERANS MEMORIAL, TO PROMOTE NATIONAL HEALING, AND TO EDUCATE ON THE IMPACTS OF THE VIETNAM WAR ERA. 8 8 36 1500 0 0 7560161 7112612 119000 94000 805522 504572 53881 4048 8538564 7715232 343567 115115 0 0 1609795 1787220 227437 283412 2352247 6127007 5958862 8307806 8144609 230758 -429377 29962849 28144557 1849624 2181457 28113225 25963100 X TO PRESERVE THE LEGACY OF THE VIETNAM VETERANS MEMORIAL, TO PROMOTE NATIONAL HEALING, AND TO EDUCATE ON THE IMPACTS OF THE VIETNAM WAR ERA. 0 1 2330348 THE ORGANIZATION PRESERVES THE LEGACY OF THE MEMORIAL AND PROMOTES HEALING THROUGH PUBLIC OUTREACH, PROMOTING VISITATION OF THE MEMORIAL BY THE GENERAL PUBLIC. THE ORGANIZATION PROVIDES INFORMATION ABOUT THE HISTORY OF THE MEMORIAL AND RESPONDS TO QUESTIONS FROM POTENTIAL VISITORS. THE ORGANIZATION MAINTAINS A COMMEMORATIVE WEB SITE CALLED THE VIRTUAL WALL, THAT ALLOWS FAMILIES, FRIENDS AND VETERANS TO POST REMEMBRANCES OF THOSE WHOSE NAMES ARE INSCRIBED ON THE MEMORIAL, EXTENDING THE HEALING POWER AND EMOTIONAL IMPACT OF THE WALL TO MILLIONS OF PEOPLE THROUGH THE INTERNET. THE ORGANIZATION IS ALSO CONDUCTING A NATIONAL CALL FOR PHOTOS TO PRESERVE THE MEMORY OF THOSE WHOSE NAMES ARE INSCRIBED ON THE MEMORIAL. THE PHOTOS WILL BE DISPLAYED IN THE EDUCATION CENTER. 1733704 THE ORGANIZATION IS CONDUCTING A NATIONAL CAMPAIGN TO PROMOTE FUTURE VISITATION BY THE GENERAL PUBLIC OF THE EDUCATION CENTER TO BE BUILT ADJACENT TO THE VIETNAM VETERANS MEMORIAL ONCE CONSTRUCTION IS COMPLETE. THE PROJECT FOCUSES ON PROVIDING INFORMATION ABOUT THE IMPORTANT ROLE THE EDUCATION CENTER WILL PLAY IN PRESERVING THE LEGACY OF THOSE WHOSE NAMES ARE INSCRIBED ON THE WALL. DURING 2012 THE ORGANIZATION'S CAPITAL EXPENDITURES RELATED TO CONSTRUCTING THE EDUCATION CENTER TOTALED $3,932,206. 620668 THE ORGANIZATION PLANS, ORGANIZES AND CONDUCTS A NUMBER OF CEREMONIES AT THE MEMORIAL AND ELSEWHERE TO BRING PEOPLE TOGETHER TO REMEMBER AND HONOR THE MEN AND WOMEN WHO SERVED IN THE VIETNAM WAR AND THOSE WHO DIED. CEREMONIES ARE CONDUCTED EACH YEAR ON MEMORIAL DAY, VETERANS DAY, FATHERS DAY, MOTHERS DAY, IN MEMORY DAY AND CHRISTMAS TO RECOGNIZE, REMEMBER AND HONOR THOSE WHO SERVED AND DIED AS WELL AS TO BRING HEALING TO THEIR FAMILIES, THEIR FRIENDS AND OUR NATION. 145058 115115 THE ORGANIZATION PROMOTES HEALING FROM THE EFFECTS OF THE VIETNAM WAR THROUGH PROJECT RENEW, A HUMANITARIAN PROGRAM DESIGNED TO REDUCE THE THREAT OF LANDMINES AND UNEXPLODED ORDNANCE IN VIETNAM. THE PROJECT FOCUSES ON THE REMOVAL OF UNEXPLODED ORDINANCE, AND MINE AWARENESS IN QUANG TRI AND QUANG BINH PROVINCES, THE MOST HEAVILY BOMBED AND SHELLED AREAS OF VIETNAM. IN 2012 THE FUND DECIDED TO END THEIR INVOLVEMENT WITH PROJECT RENEW AND CEASED ALL RELATED ACTIVITIES BY THE END OF MAY 2012. 459276 94000 THE ORGANIZATION PROMOTES HEALING AND PROVIDES EDUCATION ABOUT THE IMPACT OF THE VIETNAM WAR THROUGH ITS TRAVELING MEMORIAL CALLED "THE WALL THAT HEALS". THE ORGANIZATION EXHIBITS A HALF-SCALE REPLICA OF THE VIETNAM VETERANS MEMORIAL IN CITIES AND LOCATIONS THROUGHOUT THE UNITED STATES, MAKING IT POSSIBLE FOR MILLIONS OF INDIVIDUALS WHO ARE UNABLE TO TRAVEL TO WASHINGTON, D.C. TO RECOGNIZE, REMEMBER AND HONOR THOSE WHO SERVED AND DIED, AND TO EXPERIENCE A CONNECTION WITH LOST COMRADES AND LOVED ONES. THE TRAVELING MEMORIAL ALSO INCLUDES AN EDUCATIONAL MUSEUM AND AN INFORMATION CENTER TO ASSIST VISITORS IN FINDING NAMES ON THE MEMORIAL. THIS YEAR, THE ORGANIZATION BROUGHT THE WALL THAT HEALS AND THE TRAVELING MUSEUM AND INFORMATION CENTER TO 23 LOCATIONS IN THE UNITED STATES AND BROUGHT THE MUSEUM COMPONENT TO TWO ADDITIONAL LOCATIONS REACHING THOUSANDS OF VISITORS. 147961 THE ORGANIZATION WORKS IN COOPERATION WITH THE NATIONAL PARK SERVICE TO PROVIDE FOR SPECIAL MAINTENANCE NEEDS OF THE VIETNAM VETERANS MEMORIAL IN WASHINGTON, D.C., INCLUDING THE ADJACENT THREE SERVICEMAN STATUE, FLAGPOLE AND THE THREE-ACRE SITE WHERE THE VIETNAM VETERANS MEMORIAL IS LOCATED, TO MAINTAIN THE SITE'S FUNCTION AS A PLACE OF REFLECTION ON THE VIETNAM WAR, A PLACE OF HONOR, RECOGNITION AND REMEMBRANCE OF THOSE WHO SERVED AND THOSE WHO DIED, A PLACE OF SPIRITUAL CONNECTION WITH LOST COMRADES AND LOVED ONES, AND A SYMBOL OF HEALING FOR OUR NATION. THE MEMORIAL HAS BEEN VISITED BY MORE THAN 80 MILLION PEOPLE, MAKING IT ONE OF THE MOST VISITED MEMORIALS ON THE NATIONAL MALL. THIS YEAR 4.6 MILLION PEOPLE VISITED THE VIETNAM VETERANS MEMORIAL IN WASHINGTON D.C. 173500 THE ORGANIZATION EDUCATES STUDENTS ABOUT THE IMPACT OF THE VIETNAM WAR AND PRESERVES THE LEGACY OF THE VIETNAM VETERANS MEMORIAL THROUGH ITS PROGRAMS RELATED TO THE EDUCATION OF STUDENTS AND TEACHERS REGARDING THE VIETNAM WAR, THE VIETNAM VETERANS MEMORIAL AND THE MEMORIAL'S LEGACY IN CULTURE AND SOCIETY. THE ORGANIZATION'S EDUCATION PROGRAMS REACH TEACHERS AND STUDENTS FROM GRADES 7 TO 12 AS WELL AS HIGHER EDUCATION. THE HOMETOWN HEROES PROGRAM, DEVELOPED TO PROMOTE A GREATER UNDERSTANDING OF THE VIETNAM WAR, THE VIETNAM ERA, AND THE PERSONAL SACRIFICE OF THE INDIVIDUALS WHOSE NAMES ARE INSCRIBED ON THE MEMORIAL, PROVIDES PROGRAM INFORMATION TO SCHOOLS AND COMMUNITY ORGANIZATIONS ENCOURAGING STUDENTS TO WRITE BIOGRAPHIES OF MEAN AND WOMEN FROM THEIR COMMUNITY WHOSE NAMES ARE INSCRIBED ON THE MEMORIAL. THE INFORMATION GATHERED BY THE STUDENTS WILL BE INCLUDED IN THE EDUCATION CENTER BEING BUILT. THE ORGANIZATION IS DEVELOPING AN EDUCATION CENTER THAT WILL BE LOCATED ADJACENT TO THE VIETNAM VETERANS MEMORIAL ON THE NATIONAL MALL IN WASHINGTON D.C. THE EDUCATION CENTER WILL INCLUDE INTERACTIVE EXHIBITS AND PRIMARY SOURCE MATERIALS TO PERSONALIZE THE NAMES ON THE WALL TO HELP VISITORS GAIN A GREATER UNDERSTANDING OF THE COURAGE AND PERSONAL SACRIFICE OF THE INDIVIDUALS WHOSE NAMES ARE INSCRIBED ON THE MEMORIAL. THE EDUCATION CENTER WILL ALSO PROMOTE A GREATER UNDERSTANDING OF THE VIETNAM WAR AND THE VIETNAM WAR ERA. AS DISCLOSED IN ITEM 4B, DURING 2012, THE ORGANIZATION'S CAPITAL EXPENDITURES RELATED TO THE DEVELOPMENT OF THE EDUCATION CENTER TOTALED $3,932,206. 925795 115115 94000 5610515 1 1 0 1 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 1 1 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 31 0 1 36 1 0 0 0 0 0 1 1 0 0 X 8 8 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CT DC FL GA HI IL IA KS KY LA ME MD MA MI MN MS MO MT NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN UT VA WA WV WI WY X X THE ORGANIZATION 2023930090 2600 VIRGINIA AVE NW SUITE 104 WASHINGTON DC 20037 JAN C SCRUGGS 40.00 X X 219888 0 39292 JOHN C DIBBLE 1.00 X X 0 0 0 GEORGE W MAYO JR 1.00 X 0 0 0 HARRY G ROBINSON III FAIA AICP 1.00 X 0 0 0 JOHN O WOODS JR 1.00 X X 0 0 0 LT COL JANIS NARK USAR RET 1.00 X 0 0 0 DANIEL W REESE 40.00 X X 264724 0 35136 JUDY HEISLEY BISHOP 1.00 X 0 0 0 MICHAEL J NARDOTTI JR 1.00 X 0 0 0 ROBERT KIMMITT 1.00 X 0 0 0 LEE ALLEN 40.00 X 109206 0 27989 DAVID NAPOLIELLO 40.00 X 123295 0 1973 717113 0 104390 4 0 1 0 RALPH APPLEBAUM ASSOCIATES 88 PINE STREET NEW YORK NY 10005 ARCHITECTURE AND DESIGN FIRM 1613581 ENNEAD ARCHITECTS 320 WEST 13TH STREET NEW YORK NY 10014 ARCHITECTURE FIRM 1256437 LW ROBBINS INC 201 SUMMER STREET PO BOX 5838 HOLLISTON MA 01746 PROFESSIONAL FUNDRAISING 324000 BLUE STATE DIGITAL 406 7TH STREET NW WASHINGTON DC 20004 DIGITAL MEDIA CONSULTANTS 320598 TISHMAN CONSTRUCTION CORP OF DC 1150 18TH ST NW 475 WASHINGTON DC 20036 GENERAL CONSTRUCTION CONTRACTOR 264000 5 39710 225722 138138 6709042 230020 7112612 SITE FEES-TRAVELING WA 900099 94000 94000 94000 400787 400787 60570 60570 3042465 2938680 103785 103785 103785 73129 225722 129651 -56522 -56522 7715232 94000 0 508620 115115 115115 807483 426284 333070 48129 704153 471946 186085 46122 45434 45434 109858 109858 120292 75559 36929 7804 39599 20191 19408 154933 154933 48000 48000 283412 283412 71657 71657 326413 266355 60058 353443 328512 17433 7498 210592 117463 88057 5072 174147 91281 60952 21914 235758 2765 232993 120394 113083 5980 1331 381166 239583 5874 135709 128248 32750 95498 52152 5250 46902 DIRECT MAIL EXPENSES 3349235 1814149 1535086 DIGITAL MEDIA CAMPAIGN 253266 163347 89919 REPAIRS AND MAINTENANCE 107155 103337 3818 LICENSES AND PERMITS 17205 17205 -64501 1223545 -1410297 122251 8144609 5610515 181847 2352247 X 3373611 1977497 0 1396114 389215 49265 1149423 59604 8189418 5384047 35873 25879 87015 167033 1190017 798115 403467 391902 12522704 10942887 7185734 11123940 29962849 28144557 1017814 1432180 20000 12500 811810 736777 1849624 2181457 X 9581211 13295268 16632014 12467832 1900000 200000 28113225 25963100 29962849 28144557 -429377 664287 -2385035 0 X 0 1 X 1 0 X 8688291 8156094 10037188 7560161 7104929 41546663 8688291 8156094 10037188 7560161 7104929 41546663 4299171 37247492 314859 280043 469083 809532 565142 2438659 10973 43326 85758 51570 191627 44176949 613360 0.84310 0.82660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 54689 54689 8089920 8144609 557230 139308 0 0 491321 485802 565390 557230 2099743 3149615 0 0 51600 54689 106289 122830 121451 141348 139308 524937 787406 0 0 0 4121836 3795 371093 301229 4195495 4490948 101 -10231 358982 4121836 4542447 98835 287325 437659 4490948 3956608 84106 659411 157678 4542447 5192255 -1174122 61525 3956608 0.04770 0.95230 0 0 278420 150810 127610 616358 463424 152934 295239 183881 111358 391902 PUBLICLY TRADED SECURITIES 10897490 F PRIVATE EQUITY COMMODITIES 45397 F 10942887 SECURITY DEPOSIT 25085 EDUCATION CENTER - CONSTRUCTION IN 11092855 CONTRIBUTED ITEMS TO BE USED FOR FU 6000 11123940 DEFERRED RENT 389510 DEFERRED COMPENSATION 347267 736777 X 17692368 664287 9375296 10039583 7652785 71657 -9210 62447 7715232 19842493 11760331 11760331 8082162 71657 -9210 62447 8144609 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT FUNDS IS TO PROVIDE A PERMANENT SOURCE OF INCOME TO FURTHER THE MISSION OF THE ORGANIZATION INCLUDING MAINTENANCE OF THE MEMORIAL AND EDUCATION PROGRAMS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE FUND IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE. IN ADDITION, THE FUND QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. BUSINESS INCOME, WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. THE FUND HAD NO NET UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2012. THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES 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, THE FUND 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 ON EXAMINATION BY TAXING AUTHORITIES, BASED ON 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% 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 EVALUATED THE FUNDS TAX POSITIONS AND CONCLUDED THAT THE FUND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. GENERALLY, THE FUND IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2009. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT COSTS OF FUNDRAISING EVENTS -9,210. PART XII, LINE 4B - OTHER ADJUSTMENTS: DIRECT COSTS OF FUNDRAISING EVENTS -9,210. 1 EAST ASIA & THE PACIFIC - VIETNAM 0 0 PROGRAM SERVICES REMOVAL OF UNEXPLODED ORDNANCE - SEE SCHEDULE F, PART IV - THROUGH PARTNERSHIPS WITH LOCAL ORGANIZATIONS TO DISPOSE OF UNEXPLODED ORDINANCE IN VIETNAM. 115115 EAST ASIA & THE PACIFIC - KOREA 0 0 PROGRAM SERVICES EDUCATION CENTER AWARENESS ACTIVITIES IN KOREA. 23109 0 0 0 0 0 0 138224 0 138224 EAST ASIA AND THE PACIFIC - VIETNAM HUMANITARIAN MINE ACTION IN QUANG BINH PROVINCE IN VIETNAM. 115115 ELECTRONIC FUNDS TRANSFER 1 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: AS A CONDITION OF RECEIVING ASSISTANCE, RECIPIENTS WERE REQUIRED TO SUBMIT MONTHLY PROGRESS AND FINANCIAL REPORTS THAT WERE REVIEWED BY VVMF PROGRAM AND FINANCIAL STAFF AT HEADQUARTERS. METHOD USED TO ACCCOUNT FOR EXPENDITURES: SCHEDULE F, PART I, LINE 3: ALL EXPENDITURES IN THE REGION ARE ACCOUNTED FOR UNDER THE ACCRUAL METHOD OF ACCOUNTING. X X X X X X X 1 LW ROBBINS 201 SUMMER STREET HOLLISTON MA 01746 DIRECT MAIL FUNDRAISING 0 3766181 324000 3442181 CREATIVE DIRECT RESPONSE 16900 SCIENCE DRIVE 210 BOWIE MD 20715 DIRECT MAIL FUNDRAISING 0 418964 16250 402714 BLUE STATE DIGITAL 406 7TH STREET NW WASHINGTON DC 20004 DIGITAL MEDIA CAMPAIGN CONSULTING 0 292039 233000 59039 CHROMIS EVENT STRATEGIES 1628 B BEEKMAN PLACE NW WASHINGTON DC 20009 EVENT PLANNING 0 274135 72000 274135 ADVANTAGE 208 PASSAIC AVENUE FAIRFIELD NJ 07004 PLANNED GIVING CONSULTANTS 0 0 80835 -80835 COLON & ASSOCIATES 2914 CASHEL LANE VIENNA VA 22181 FUNDRAISING STRATEGY CONSULTING 0 0 63000 -63000 ALLISON SIGNORELLI 1077 N MANCHESTER STREET ARLINGTON VA 22205 FUNDRAISING STRATEGY CONSULTING 0 0 49500 -49500 4751319 838585 3984734 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY ANNUAL GALA 275673 202544 73129 7972 17150 55151 32423 7745 MAUI DINNER 14032 14032 2850 6184 106 1 9146 9146 70 298851 225722 73129 7972 20000 61335 32529 7815 129651 -56522 EXPLANATION OF FUNDRAISING PAYMENTS SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE AGREEMENTS BETWEEN VVMF AND CREATIVE DIRECT RESPONSE AND LW ROBBINS PROVIDES FOR THE REIMBURSEMENT OF EXPENSES SEPARATE FROM THE PAYMENT OF FEES RELATED TO FUNDRAISING SERVICES. EACH FUNDRAISER LISTS THESE EXPENSES AS DIFFERENT LINE-ITEMS ON INVOICES TO DISTINGUISH THEM FROM FUNDRAISING SERVICE FEES. IN 2012, VVMF REIMBURSED THESE TWO FUNDRAISERS FOR EXPENSES IN THE AMOUNT OF $1,599,316. X 1 1 X X 0 1 0 0 0 0 0 0 0 JAN C SCRUGGS 157820 0 0 0 62068 0 22239 0 17053 0 259180 0 0 0 DANIEL W REESE 192500 0 25500 0 46724 0 20000 0 15136 0 299860 0 14020 0 PART I, LINE 1A A TAX GROSS-UP PAYMENT WAS MADE ON BEHALF OF DAN REESE, CFO/COO, FOR $3,124 IN RELATION TO A NON-CASH BENEFIT PROVIDED IN 2012. BOTH THE VALUE OF THE NON-CASH BENEFIT, $9,189, AND THE RELATED GROSS-UP, WERE REPORTED TO THE IRS AS 2012 COMPENSATION. PART I, LINE 4B IN RECOGNITION OF THEIR SERVICES TO VVMF, THE ORGANIZATION MAKES CONTRIBUTIONS TO A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN ON BEHALF OF VVMF'S FOUNDER AND PRESIDENT, JAN SCRUGGS. MR. SCRUGGS' REPORTED SALARY FOR 2012 INCLUDES DEFERRED COMPENSATION UNDER SECTION 457(F), IN THE AMOUNT OF $45,537. X 6 219961 SELLING PRICE X 1 6000 OPINION OF EXPERTS X 1 3570 SELLING PRICE X SUPPLIES 1 489 SELLING PRICE 0 1 0 CHANGES IN PROGRAM SERVICES FORM 990, PART III, LINE 3 IN 2012 THE FUND DECIDED TO END THEIR INVOLVEMENT WITH PROJECT RENEW AND CEASED ALL RELATED ACTIVITIES BY THE END OF MAY 2012. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION UPDATED ITS BYLAWS TO STATE THAT THE DURATION OF THE CORPORATION IS PERMANENT. THE PURPOSE WAS CHANGED TO THE MAINTENANCE AND OPERATION OF THE VIETNAM MEMORIAL. THE MINIMUM NUMBER OF DIRECTORS WAS INCREASED TO 3. FORM 990, PART VI, SECTION B, LINE 11 A CPA FIRM PREPARES THE FORM 990 AND PROVIDES A DRAFT COPY TO THE CFO FOR REVIEW AND APPROVAL. THE FINANCE AND AUDIT COMMITTEE REVIEWS THE RETURN IN DETAIL. A CONFERENCE TAKES PLACE TO DISCUSS THE RETURN AND RESPOND TO QUESTIONS. ANY NECESSARY REVISIONS ARE MADE AND THE REVISED DRAFT IS THEN SENT TO THE BOARD FOR REVIEW PRIOR TO THE 990 BEING ISSUED FINAL. THE CFO THEN APPROVES THE 990 FOR ASSEMBLY AND SIGNS THE FINAL FORM. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED AND ACKNOWLEDGED ANNUALLY BY OFFICERS AND DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMMITTEE REVIEW OF CONTRACT AND SALARY REQUIREMENTS BASED ON SALARY COMPARISON DATA PROVIDED BY INDEPENDENT SURVEY AND CONTEMPORANEOUS DOCUMENTATION OF THE DECISION WAS MADE BY THE COMMITTEE FOR THE PRESIDENT/CEO EMPLOYMENT CONTRACT AND THE CONTRACTS OF OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 18 VVMF COMPLIES WITH SECTION 6104 AND MAKES ITS FORM 1023, 990 AND 990-T (IF APPLICABLE) AVAILABLE FOR PUBLIC INSPECTION. FORM 990 AND 990-T (IF APPLICABLE) IS AVAILABLE ON THE VVMF WEBSITE, VVMF.ORG, ON GUIDESTAR.COM, AND ON THE WEBSITE OF THE BETTER BUSINESS BUREAU, WWW.BBB.ORG. FORM 1023 IS AVAILABLE UPON REQUEST FROM THE VVMF OFFICE. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS SUCH AS GOVERNING DOCUMENTS, CONFLICT OF INTEREST AND A COPY OF VVMF'S FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FROM THE VVMF OFFICE.