2013-07-22T09:40:03-05:00 2012-12-31 232932984 PARENTEBEARD LLC 20 STANWIX ST SUITE 800 PITTSBURGH PA 15222 990 2012-01-01 251492587 PHIPPS CONSERVATORY AND BOTANICAL GARDENS INC PHIP 4126226915 ONE SCHENLEY PARK PITTSBURGH PA 15213 ROBERT S MERMELSTEIN 4126226915 2013-07-18 1 JEFFREY J SPENGLER CPA P00109764 4126976400 2012 2016-02-24 21:20:13Z ROBERT S MERMELSTEIN ONE SCHENLEY PARK PITTSBURGH PA 15213 13187646 0 X WWW.PHIPPS.CONSERVATORY.ORG X 1985 PA PHIPPS IS THE PLACE WHERE PEOPLE DISCOVER THE BEAUTY OF HUMANITY LIVING IN HARMONY WITH NATURE. 43 42 156 240 -92336 -92336 5609173 6082981 1660846 1718285 149506 126725 826718 483415 8246243 8411406 27000 30000 0 0 3115300 3517594 0 0 258011 4157666 3899099 7299966 7446693 946277 964713 57368675 59415224 2863259 3726001 54505416 55689223 X PHIPPS MISSION IS TO INSPIRE AND EDUCATE ALL WITH THE BEAUTY AND IMPORTANCE OF PLANTS; AND TO ADVANCE SUSTAINABILITY AND PROMOTE HUMAN AND ENVIRONMENTAL WELL-BEING THROUGH ACTION AND RESEARCH; AND TO CELEBRATE ITS HISTORIC GLASSHOUSE. 0 0 4458560 1992716 GUEST SERVICES: PHIPPS IS A TRANQUIL PUBLIC GARDEN SPACE THAT REJUVENATES, INSPIRES PEACE, AND OFFERS RESPITE FROM TODAY'S BUSY WORLD AND IS DEDICATED TO PROVIDING ITS GUESTS WITH EXPERIENCES FOUND NOWHERE ELSE. FROM ROWS OF SCHOOL CHILDREN WITH PALMS RAISED HIGH OVER THEIR HEADS TO IMITATING THE TROPICS' CANOPY LAYER OF TREES, TO GUESTS TAKING AN EXHILARATING STROLL FROM THE CLASSIC VICTORIAN BEAUTY OF THE 1893 GLASSHOUSE TO THE EXOTIC WILDS OF THE TROPICAL FOREST, EVERY GUEST GAINS A SINGULAR EXPERIENCE, WHICH IS TAILORED TO THEIR NEEDS FOR EDUCATION, INSPIRATION AND ENRICHMENT. PHIPPS AIMS TO HIGHLIGHT IMPORTANT CONNECTIONS BETWEEN PEOPLE, PLANTS AND THE PLANET IN ORDER TO INSPIRE POSITIVE CHANGES IN THE WAY THAT WE INTERACT WITH THE WORLD AROUND US.PHIPPS, THE "GREEN HEART OF PITTSBURGH", IS ONE OF AMERICA'S GREENEST PUBLIC GARDENS, CARRYING ON ITS LEGACY AS A SANCTUARY AND LEARNING INSTITUTION WHILE SETTING A NEW STANDARD IN SUSTAINABILITY FOR THE WORLD. PHIPPS EMBRACES SUSTAINABILITY AS A MEANS TO BETTER THE WORLD AND TO PROMOTE THE WELL-BEING OF ALL LIFE. FROM ITS DAILY OPERATIONS IN THE GARDENS, CAFE, GIFT SHOP AND OFFICES TO ITS GREEN BUILDING AND LANDSCAPING PROJECTS, ENVIRONMENTAL RESPONSIBILITY IS WOVEN INTO ALL OF PHIPPS' EFFORTS. THE WELCOME CENTER, OPENED IN 2005, WAS THE FIRST VISITOR FACILITY IN A PUBLIC GARDEN IN THE WORLD TO EARN LEED CERTIFICATION. PHIPPS REDEFINED CONSERVATORY DESIGN IN 2006 WITH THE MOST ENERGY-EFFICIENT CONSERVATORY IN THE WORLD WHEN IT OPENED ITS TROPICAL FOREST CONSERVATORY. THIS UNCONVENTIONALLY SHAPED STRUCTURE INCORPORATES INSULATED ROOF GLASS WHILE MAINTAINING PROPER LIGHT LEVELS FOR GROWING PLANTS, PASSIVE COOLING AND RADICAL VENTING SYSTEMS, ENERGY BLANKETS, ROOT-ZONE HEATING, THERMAL MASSING, AND AN INTEGRATED BUILDING MONITORING SYSTEM. IN ADDITION TO THE TROPICAL FOREST CONSERVATORY, PHIPPS OPENED ITS PRODUCTION GREENHOUSES IN 2006, EARNING LEED PLATINUM FOR EXISTING BUILDINGS. PHIPPS WAS THE FIRST CONSERVATORY IN THE WORLD TO RECEIVE THIS CERTIFICATION. THESE FACILITIES OFFER 36,000 SQUARE FEET OF ENERGY EFFICIENT GROWING SPACE FOR PLANTS, OPERATING 33% MORE EFFICIENTLY THAN SIMILAR GREENHOUSES. IN 2012, THE CENTER FOR SUSTAINABLE LANDSCAPES - A FACILITY FOR EDUCATION, RESEARCH AND ADMINISTRATION - WAS COMPLETED AND IS POISED TO BE THE FIRST BUILDING IN THE WORLD TO ACHIEVE THE HIGHEST GREEN BUILDING AND LANDSCAPE STANDARDS: THE LIVING BUILDING CHALLENGE, LEED PLATINUM AND SITES CERTIFICATIONS. DESIGNED AND BUILT BY PITTSBURGHERS AND PENNSYLVANIANS, THE CSL IS ONE OF THE GREENEST BUILDINGS ON EARTH. IT GENERATES ALL OF ITS OWN RENEWABLE ENERGY, TREATS AND USES ALL WATER CAPTURED ON SITE, AND FEATURES A RESTORATIVE LANDSCAPE WITH MANY BENEFICIAL AND USEFUL NATIVE PLANTS. 1201426 HORTICULTURE: PHIPPS, A GREAT GLASS AND VICTORIAN GREENHOUSE, HAS SINCE 1893 INVITED ITS GUESTS TO EXPLORE THE BEAUTY AND MYSTERIES OF PLANTS. PHIPPS PRESENTS FOUR MAJOR, SEASONAL FLOWER SHOWS, ONE OF THE FEW CONSERVATORIES IN THE COUNTRY OFFERING CHANGING FLOWER SHOWS THROUGHOUT THE YEAR. THE SPRING, SUMMER, FALL AND WINTER SHOWS PROVIDE OUR GUESTS WITH UNIQUE SEASONAL COLORS AND AROMAS. THE FOURTEEN ROOM CONSERVATORY, SEVEN OUTDOOR GARDENS AND 36,000 SQUARE FEET OF LEED-CERTIFIED PRODUCTION GREENHOUSES PROVIDE YEAR ROUND BEAUTY, CREATIVITY AND INTERESTING AND EDUCATIONAL DISPLAYS FOR OUR GUESTS. PHIPPS ALSO RECENTLY COMPLETED THE CENTER FOR SUSTAINABLE LANDSCAPES, ONE OF THE WORLD'S GREENEST BUILDINGS AND LANDSCAPES, BUILT TO ACHIEVE LEED PLATINUM, LIVING BUILDING CHALLENGE AND SUSTAINABLE SITES STATUS, WHICH SERVES AS ITS CENTER FOR SCIENCE EDUCATION AND RESEARCH, AS WELL AS ADMINISTRATION AND MANAGEMENT. 728650 298146 EDUCATION: PHIPPS OFFERS A WIDE VARIETY OF INNOVATIVE CLASSES AND CERTIFICATE PROGRAMS FOR ADULTS AND HANDS-ON CAMPS AND EVENTS DESIGNED TO INSPIRE CHILDREN AND YOUTH AND HAS SERVED OVER 4,000 ADULTS AND 5,000 CHILDREN AND YOUTH. IN ADDITION, NEARLY 30,000 CHILDREN AND ADULTS ENJOYED FREE PUBLIC PROGRAMMING DURING THEIR VISITS. FOR ADULTS, PHIPPS OFFERS CERTIFICATE PROGRAMS IN SUSTAINABLE HORTICULTURE, LANDSCAPE AND GARDEN DESIGN, NATIVE PLANT LANDSCAPES, FLORAL DESIGN, AND BOTANICAL ART AND ILLUSTRATION, PLUS CLASSES ON GARDENING AND BOTANICAL CRAFTS, AND GREEN AND HEALTHY LIVING, AS WELL AS SYMPOSIA ON GARDENING, LANDSCAPING AND NATIVE PLANTS. FOR CHILDREN AND YOUNG ADULTS, PHIPPS OFFERS A VARIETY OF HANDS-ON NATURE-BASED SEASONAL CAMPS FOR CHILDREN AGES TWO-NINE, HIGH- AND MIDDLE SCHOOL FAIRCHILD CHALLENGE ENVIRONMENTAL COMPETITIONS AND ANNUAL ECO-CHALLENGES, ONSITE DISCOVERY STATIONS, PAID SUMMER INTERNSHIPS FOR UNDERSERVED YOUTH AND SCHOOL FIELD TRIPS. IN ADDITION, PHIPPS OFFERS ITS BOTANY IN ACTION FELLOWSHIP PROGRAM. THE BIA FELLOWSHIP PROGRAM FOSTERS THE DEVELOPMENT OF A NEXT GENERATION OF PLANT-BASED SCIENTISTS WHO ARE COMMITTED, FIRST, TO EXCELLENT RESEARCH AND, SECOND, TO EDUCATIONAL OUTREACH. PHIPPS' BIA PROGRAM NOT ONLY PROVIDES GRANTS TO EMERGING U.S. SCIENTISTS CARRYING OUT PLANT-BASED RESEARCH AROUND THE GLOBE, BUT ALSO OFFERS TRAINING AND OPPORTUNITIES FOR THEM IN SCIENCE COMMUNICATION AND OUTREACH TO THE PUBLIC. 6388636 1 1 0 0 0 0 0 1 0 1 1 0 0 1 0 1 1 0 0 0 0 0 1 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 57 0 1 156 1 1 1 0 0 0 1 1 0 0 0 0 0 0 X 43 42 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X ROBERT S MERMELSTEIN 4126226915 ONE SCHENLEY PARK PITTSBURGH PA 15213 RICHARD PIACENTINI 40.00 X X 234435 0 38502 SUSAN GOLOMB 5.00 X 0 0 0 SCOTT LAMMIE 5.00 X 0 0 0 WALTER BURLACK 5.00 X 0 0 0 JUI JOSHI 5.00 X 0 0 0 RESHMA PARANJE 5.00 X 0 0 0 TERRI BALTIMORE 2.00 X 0 0 0 NANCY DAVIDSON 2.00 X 0 0 0 BETSY BLAZEK-O'NEILL 2.00 X 0 0 0 NATHAN BOXX 2.00 X 0 0 0 ANNE CHEN 2.00 X 0 0 0 CHARLES BRODBECK 2.00 X 0 0 0 JESSICA BROWN 2.00 X 0 0 0 GEORGE DAVISON 2.00 X 0 0 0 SHERRY DUCARME 2.00 X 0 0 0 JAMES FRANTZ 2.00 X 0 0 0 H PHIPPS HOFFSTOT 2.00 X 0 0 0 WILLIAM GENERETT JR 2.00 X 0 0 0 BARBARA GRANITO 2.00 X 0 0 0 MICHAEL HARRINGTON 2.00 X 0 0 0 TERRI WOLFE IZZO 2.00 X 0 0 0 JOSEPH LAGANA 2.00 X 0 0 0 CAROLE HOROWITZ 2.00 X 0 0 0 MARY CAROLINE HUNT 2.00 X 0 0 0 VIKRAM MANGALMURTI 2.00 X 0 0 0 LAURA KARET 2.00 X 0 0 0 PATRICK KENNY 2.00 X 0 0 0 JULIE MURPHY 2.00 X 0 0 0 JOHN POLLOCK 2.00 X 0 0 0 JOSEPH MAROON 2.00 X 0 0 0 RYAN B MARTIN 2.00 X 0 0 0 JEFF MCILROY 2.00 X 0 0 0 KRISHNA SHARMA 2.00 X 0 0 0 ANNE NEMER DHANDA 2.00 X 0 0 0 MARY ODOM 2.00 X 0 0 0 WILLIAM SLIVKA 2.00 X 0 0 0 DONNA PATTERSON 2.00 X 0 0 0 RITU THAMMAN 2.00 X 0 0 0 DIANA MRVOS RATH 2.00 X 0 0 0 JAMES SCALO 2.00 X 0 0 0 STEPHEN TONSER 2.00 X 0 0 0 MISSY UNKOVIC 2.00 X 0 0 0 JOHN WEINSTEIN 2.00 X 0 0 0 MARY MURTLAND BERGER 2.00 X 0 0 0 SUZY BROADHURST 2.00 X 0 0 0 EVAN FRAZIER 2.00 X 0 0 0 PAUL GITNIK 2.00 X 0 0 0 RICHARD HEYSE 2.00 X 0 0 0 HENRY PHIPPS HOFFSTOT JR 2.00 X 0 0 0 CAROLE HOROWITZ 2.00 X 0 0 0 JERMAINE HUSSER 2.00 X 0 0 0 GLORIA KLEIMAN 2.00 X 0 0 0 CATE LINN 2.00 X 0 0 0 JAMES MITNICK 2.00 X 0 0 0 JENNIFER MUSE 2.00 X 0 0 0 ALKA PATEL 2.00 X 0 0 0 THEODORA POLAMALU 2.00 X 0 0 0 ROBERT MERMELSTEIN 40.00 X 107869 0 4031 GREGORY DEFOUR 40.00 X 122220 0 7475 JAN KORTZ 40.00 X 110708 0 6705 575232 0 56713 4 0 1 0 TURNER CONSTRUCTION CORP ADDRESS PITTSBURGH PA 15213 CONSTRUCTION 5126178 AUTOMATED LOGIC PITTSBURGH CORP ADDRESS PITTSBURGH PA 15213 INDEPENDENT CONTROLS 282635 CONTINENTAL OFFICE ENVIRONMENTS CORP ADDRESS PITTSBURGH PA 15213 INTERIOR SOLUTIONS 262226 RED HOUSE COMMUNICATIONS INC CORP ADDRESS PITTSBURGH PA 15213 ADVERTISING 252055 MELE AND MELE & SONS CORP ADDRESS PITTSBURGH PA 15213 CONSTRUCTION 242734 15 777172 141500 2590600 2573709 4305 6082981 ADMISSIONS 900099 1394386 1394386 EDUCATIONAL TOURS/CLASSES 900099 300926 300926 LANDSCAPE CONSULTING/DESIGN 900099 21232 21232 ACTIVITIES REVENUE 900099 1741 1741 1718285 103109 103109 599797 311432 288365 288365 288365 1483368 1459752 23616 23616 23616 173035 141500 169861 3174 3174 3026123 2835195 190928 283264 -92336 MISCELLANEOUS REVENUE 900099 948 948 948 8411406 2290862 -92336 129899 12000 12000 18000 18000 2795580 2348289 307513 139778 138092 115999 15189 6904 371312 311898 40846 18568 212610 178594 23386 10630 89458 89458 90819 56407 32482 1930 609657 541543 59392 8722 157573 133937 23636 274252 192286 49725 32241 296561 280665 10083 5813 135312 111791 11275 12246 71497 71497 1142382 1131408 10974 141818 137077 3858 883 BUILDING & GROUND MAINT 454588 454588 PROGRAM SUPPLIES/COSTS 161099 153663 7436 DESIGN 109859 109859 EQUIPMENT RENTAL 83853 61484 15660 6709 80371 39148 35072 6151 7446693 6388636 800046 258011 9337498 5272103 3657705 3459471 49119 66952 181469 215663 146467 206457 41086003 9101122 32519040 31984881 11477377 18209697 57368675 59415224 1636947 1419702 212708 231310 1013604 2074989 2863259 3726001 X 43431785 48520662 9225867 5320797 1847764 1847764 54505416 55689223 57368675 59415224 964713 209884 9210 0 X X 0 1 X 1 0 X 10080862 7735741 6440772 5609173 6082981 35949529 10080862 7735741 6440772 5609173 6082981 35949529 7578300 28371229 551264 693269 92406 88643 103109 1528691 3400 20807 45689 40954 948 111798 37590018 0.75480 0.65540 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 788000 X X X 0 1705515 95586 1801101 1750658 51000 -96143 1705515 1566134 34 220965 36475 1750658 1332263 305 296341 62775 1566134 2006379 21025 -606939 88202 1332263 1.00000 0 0 38872103 8606404 30265699 1425900 494718 931182 788000 788000 31984881 CONSTRUCTION IN PROGRESS 15285738 PERMANENTLY RESTRICTED MARKETABLE INVESTMENTS 1847764 INVESTMENTS-OTHER MARKETABLE INVESTMENTS 1076195 18209697 X 11777127 209884 9210 3146627 3365721 8411406 0 8411406 10593320 3146627 3146627 7446693 0 7446693 PART III, LINE 4: PHIPPS' CHIHULY GLASS COLLECTION INCLUDES EIGHT INSTALLATIONS OF CHIHULY PIECES THROUGHOUT THE CONSERVATORY. THE PIECES WERE PURCHASED SPECIFICALLY TO DEMONSTRATE BOTANICAL ART AND THEIR RELATIONSHIP TO THE ACCOMPANYING PLANTS. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE INTENDED USE OF THE ENDOWMENT FUNDS OF PHIPPS CAN BE DESCRIBED AS FOLLOWS. EACH YEAR, THE BOARD OF TRUSTEES VOTES ON THE PERCENTAGE OF EARNINGS FROM THE ENDOWMENT THAT WILL BE ALLOCATED FOR THE USE OF THE VARIOUS PORTIONS. THERE ARE SEVERAL PORTIONS OF THE ENDOWMENT FUNDS AT PHIPPS: 1) FUNDING FOR THE SALARY/BENEFITS OF THE POSITION OF DIRECTOR OF HORTICULTURE, 2) FUNDING FOR THE BOTANY IN ACTION PROGRAM THAT PROVIDES GRANTS TO STUDENTS PERFORMING RESEARCH IN BOTANY THROUGHOUT THE WORLD, 3) FUNDING FOR THE GENERAL OPERATIONS OF THE CONSERVATORY AND GARDEN CENTER AND 4) FUNDING FOR THE FUTURE RESEARCH PROGRAM RELATED TO THE CENTER FOR SUSTAINABLE LANDSCAPES CURRENTLY BEING DESIGNED. THE ENDOWMENT FUNDING FOR THE RESEARCH PROGRAM AT PHIPPS IS PART OF THE CURRENT CAPITAL CAMPAIGN RELATED TO THE CENTER FOR SUSTAINABLE LANDSCAPES. THE CURRENT CAPITAL CAMPAIGN GOAL IS SPECIFICALLY RELATED TO THE FUTURE RESEARCH PROGRAM. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: PHIPPS IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO PHIPPS'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, PHIPPS QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B) (1) (A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) (2). AT DECEMBER 31, 2012, PHIPPS HAD NET OPERATING LOSS CARRY-FORWARDS RESULTING FROM ITS UNRELATED BUSINESS ACTIVITIES OF APPROXIMATELY $1,600,000 WHICH MAY BE APPLIED AGAINST FUTURE YEARS' TAXABLE INCOME. THE NET OPERATING LOSS CARRY-FORWARDS EXPIRE AT VARIOUS DATES THROUGH 2026. A VALUATION ALLOWANCE HAS BEEN RECORDED TO OFFSET THE RESULTING DEFERRED TAX ASSET DUE TO THE UNCERTAINTY OF THE FUTURE USE OF THESE NET OPERATING LOSSES. PHIPPS HAS ESTABLISHED POLICIES FOR RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THERE HAVE BEEN NO INTEREST OR PENALTIES NEITHER RECOGNIZED IN THE STATEMENT OF ACTIVITIES NOR IN THE STATEMENT OF FINANCIAL POSITION RELATED TO UNCERTAIN TAX POSITIONS. IN ADDITION, NO TAX POSITIONS EXIST FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY INCREASE OR DECREASE WITHIN THE NEXT 12 MONTHS. PHIPPS EVALUATES ITS UNCERTAIN TAX POSITIONS, IF ANY, ON A CONTINUAL BASIS THROUGH REVIEW OF ITS POLICIES AND PROCEDURES, REVIEW OF ITS REGULAR TAX FILINGS AND DISCUSSIONS WITH OUTSIDE EXPERTS. PHIPPS'S OPEN AUDIT PERIODS INCLUDE 2009 THROUGH 2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 311,432. COSTS OF GOODS SOLD 315,065. EXPENSES ALLOCATED TO 990T 2,520,130. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 311,432. COST OF GOODS SOLD 315,065. COGS ALLOCATED TO 990T 2,520,130. 0 0 0 0 0 0 0 0 0 0 BOTANICAL RESEARCH SOUTH AMERICA 1 3000 CHECK N/A FMV BOTANICAL RESEARCH SOUTH ASIA 2 6000 CHECK N/A FMV BOTANICAL RESEARCH SOUTH ASIA 1 3000 CHECK N/A FMV BOTANICAL RESEARCH CENTRAL AMERICA 1 3000 CHECK N/A FMV BOTANICAL RESEARCH FRANCE 1 3000 CHECK N/A FMV 0 0 0 0 0 0 CSL GRAND OPENING GALA 107940 52025 55915 9412 15456 4115 4669 WINE TASTING 80975 39475 41500 6184 16036 1800 5106 6 125620 50000 75620 7250 5685 300 93848 314535 141500 173035 22846 37177 6215 103623 169861 3174 1 BOTANICAL RESEARCH 4 12000 FMV N/A PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE BOTANY IN ACTION PROGRAM AT PHIPPS PROVIDES GRANTS TO GRADUATE STUDENTS TO FORM ALLIANCES WITH INDIGENOUS CULTURES WHILE STUDYING IN SOME OF THE MOST REMOTE AND BOTANICALLY-RICH AREAS OF THE WORLD. BOTANY IN ACTION RESEARCHERS DOCUMENT THE USES OF IMPORTANT, OFTEN ENDANGERED PLANTS. GRANTEES RECORD TRADITIONAL SPECIES. THEY ALSO IDENTIFY MEDICINALLY ACTIVE COMPOUNDS PRESENT IN PLANTS WITH THE HELP OF FARMERS, SHAMANS, MIDWIVES AND OTHER KEEPERS OF MEDICINAL KNOWLEDGE. TO DATE, 29 RESEARCHERS HAVE BENEFITED FROM BOTANY IN ACTION GRANTS. BEYOND THE INITIAL GRANT FOR TRAVEL, STUDY, SERVICES, AND SUPPLIES, STUDENTS MAY SEEK AID TO PUBLISH AND PROMOTE THEIR FINDINGS THROUGH PUBLIC OUTREACH AND EDUCATION. THE STUDENTS ARE ASSIGNED AN ADVISOR/MENTOR WHO WILL ASSIST AND GUIDE THEM IN THEIR RESEARCH BASED ON THEIR APPROVED PROPOSAL. THESE ADVISORS ARE A NETWORK OF ACADEMICS AND PROFESSIONALS IN TOP UNIVERSITY PROGRAMS AND AT BOTANAICAL INSTITUTIONS. IN ADDITION, INFORMATION GATHERED BY BOTANY IN ACTION SPONSORED GRADUATE STUDENTS HELPS TO INFORM PHIPPS' DISPLAYS AND OUTREACH. THE STUDENTS ALSO MAKE APPEARANCES AT AREA SCHOOLS, SPEAKING TO CHILDREN ABOUT THEIR LIFE AND WORK AS CONSERVATION SCIENTISTS. BOTANY IN ACTION SPONSORED GRADUATE STUDENTS APPEAR EACH JANUARY AT A PHIPPS-SPONSORED COLLOQUIUM, DISCUSSING THEIR WORK WITH PHIPPS STAFF AND BOARD MEMBERS, LOCAL STUDENTS, AND THE GENERAL PUBLIC. X 1 1 X X X X 0 1 0 0 0 0 0 0 0 RICHARD PIACENTINI 234435 0 0 0 0 0 28500 0 10002 0 272937 0 0 0 PART I, LINE 1A PHIPPS CONSERVATORY AND BOTANICAL GARDENS, INC. PAYS THE MONTHLY DUES FOR A BUSINESS CLUB LOCATED IN THE CITY CENTER. THE PRIMARY PURPOSE OF THE MEMBERSHIP FOR BUSINESS MEETINGS/MEALS THAT THE EXECUTIVE DIRECTOR HAS OFF SITE OR WITH INDIVIDUALS THAT ARE MORE CONVENIENTLY LOCATED IN THE CITY ITSELF. PART I, LINE 4B PHIPPS' EXECUTIVE DIRECTOR PARTICIPATED IN A 457B PLAN DURING 2012 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS COMPLETED BY PHIPPS AND REVIEWED AND APPROVED BY THE AUDIT COMMITTEE. A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C ON A YEARLY BASIS, ALL MEMBERS OF THE BOARD OF TRUSTEES ARE PROVIDED THE PHIPPS CONFLICT OF INTEREST POLICY AND THE RELATED PROCEDURES. THEY ARE THEN REQUIRED TO COMPLETE THE CONFLICT OF INTEREST DISCLOSURE STATEMENT IDENTIFYING ANY POTENTIAL CONFLICTS, IDENTIFYING ANY OTHER BOARDS THEY MAY BE A MEMBER OF, AND IDENTIFYING THEIR EMPLOYER. THE TRUSTEESHIP COMMITTEE OF THE BOARD OF TRUSTEES IS THE GROUP RESPONSIBLE FOR ASSURING THAT EVERY DISCLOSURE STATEMENT IS RETURNED. PHIPPS' BOARD OF TRUSTEES CONSISTENTLY HAS 100% PARTICIPATION IN THIS PROCESS. TRUSTEES THAT HAVE A CONFLICT ARE ASKED TO VOICE THEIR AFFILIATIONS IN COMMITTEE AND FULL BOARD MEETINGS WHERE A DECISION RELATED TO THAT AFFILIATION VIA VOTE WILL BE MADE. ONCE VOICED, THE TRUSTEE ABSTAINS FROM VOTING ON THE DECISION. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED EACH YEAR BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THIS PROCESS HAS BEEN IN PLACE SINCE 1993 WHEN PHIPPS BECAME A PRIVATE NON-PROFIT. IN THE CURRENT YEAR, THE COMPENSATION COMMITTEE EMPLOYED AN EXTERNAL FIRM TO PERFORM BENCHMARKING ANALYSES REGARDING BOTH THE SALARIES OF THE EXECUTIVE DIRECTOR AND THE DEPARTMENTAL DIRECTORS. THE COMPENSATION OF THE DEPARTMENTAL DIRECTORS IS DETERMINED BY THE EXECUTIVE DIRECTOR AND DISCUSSED WITH THE CHAIRPERSON OF THE BOARD OF TRUSTEES. THE OVERALL RAISE PERCENTAGES ARE APPROVED AND DISCUSSED AS PART OF PHIPPS' YEARLY BUDGETING PROCESS. THE BUDGET ITSELF IS THEN APPROVED BY THE BOARD OF TRUSTEES BEFORE IMPLEMENTATION. FORM 990, PART VI, SECTION C, LINE 19 PHIPPS MAKES ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC VIEWING. ANY PERSON INTERESTED IN THIS INFORMATION CAN CONTACT THE CFO IN ADVANCE TO MAKE ARRANGEMETNS TO VIEW THE INFORMATION ON SITE, OR IF APPROPRIATE, THE INFORMATION CAN BE MAILED OR E-MAILED TO THE INDIVIDUAL FOR REVIEW. SEE CONTACT INFORMATION IN PART VI, SECTION C, ITEM 20. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS. THE AUDIT COMMITTEE MEETS AT LEAST ONCE A YEAR TO REVIEW THE FINANCIAL STATUS OF PHIPPS AND ALSO MEETS AS A COMMITTEE WITH THE EXTERNAL INDEPENDENT AUDITORS TO REVIEW THE AUDITED FINANCIAL STATEMENTS. AFTER REVIEW BY THE AUDIT COMMITTEE, THE AUDITED FINANCIAL STATEMENTS ARE PROVIDED TO THE FULL BOARD OF TRUSTEES FOR FINAL APPROVAL AND PUBLICATION. IN ADDITION, EACH YEAR, THE AUDIT COMMITTEE DISCUSSES THE SELECTION OF THE INDEPENDENT EXTERNAL ACCOUNTANTS. THE COMMITTEE MAKES A RECOMMENDATION TO CONTINUE WITH THE CURRENT AUDITORS OR TO BID OUT THE PROCESS TO THE FULL BOARD OF TRUSTEES WHO THEN VOTE ON THE FINAL RECOMMENDATION.