2013-11-11T12:02:18-06:00 2012-12-31 521511275 RAFFA PC 1899 L STREET NW SUITE 900 WASHINGTON DC 20036 990 2012-01-01 346610067 SHRM FOUNDATION INC SHRM 7035483440 1800 DUKE STREET ALEXANDRIA VA 223143499 MARY MOHNEY 7035483440 2013-11-11 1 FRANK H SMITH P00639053 2028225000 2013-10-31 2012 2016-02-24 21:20:13Z MARK J SCHMIT 1800 DUKE STREET ALEXANDRIA VA 223143499 17659033 0 X WWW.SHRM.ORG/FOUNDATION X 1966 OH SUPPORT DEVELOPING AND RAISING HUMAN RESOURCE MANAGEMENT PERFORMANCE STANDARDS. 16 15 9 106 0 0 3193877 2220103 0 0 900812 658872 3376 409 4098065 2879384 752385 860413 0 0 712884 641901 13503 1977 328701 777320 820306 2256092 2324597 1841973 554787 16166202 17104827 531243 437269 15634959 16667558 X THE MISSION OF SHRM FOUNDATION IS TO ADVANCE AND DEVELOP HIGHER STANDARDS OF PERFORMANCE IN THE FIELD OF HUMAN RESOURCE MANAGEMENT THROUGH RESEARCH AND DEVELOPMENT PROJECTS; TO FOSTER AND ENCOURAGE RESEARCH; TO ESTABLISH SCHOLARSHIPS, FELLOWSHIPS AND SIMILAR EDUCATIONAL AIDS; TO MAKE GRANTS TO INDIVIDUALS OR INSTITUTIONS INVOLVED WITH HUMAN RESOURCE MANAGEMENT RESEARCH OR DEVELOPMENT ACTIVITIES; TO SPONSOR THE PUBLICATION OF LEARNED PAPERS, BOOKS, AND JOURNALS RELATED TO THE FIELD OF HUMAN RESOURCE MANAGEMENT GENERALLY. NOTWITHSTANDING THE FOREGOING PURPOSES, THIS CORPORATION SHALL NEVER ENGAGE IN ANY ACTIVITY AND SHALL NEVER MAKE ANY CONTRIBUTION FOR THE PURPOSE, DIRECTLY OR INDIRECTLY, OF CARRYING ON ADVOCACY OR OTHERWISE ATTEMPTING TO INFLUENCE LEGISLATION. 0 0 822428 613312 THE FOUNDATION CONDUCTS AND SUPPORTS RESEARCH STUDIES IN THE FIELD OF HUMAN RESOURCE MANAGEMENT. 304932 409 THE FOUNDATION PRODUCES PUBLICATIONS, BOOKS, EVENTS AND VIDEOS AS A MEANS OF DISSEMINATING RELEVANT RESEARCH STUDY INFORMATION RELATED TO THE FIELD OF HUMAN RESOURCE MANAGEMENT TO THE GENERAL PUBLIC. 316806 247101 THE FOUNDATION FUNDS HUMAN RESOURCE SCHOLARSHIPS FOR STUDENTS AND HUMAN RESOURCE PROFESSIONALS. 1444166 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 0 1 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 123 0 1 9 1 0 0 0 0 0 1 1 0 0 0 0 X 16 15 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AZ CA CO CT FL GA IL KS KY LA ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X MARY MOHNEY 7035483440 1800 DUKE STREET ALEXANDRIA VA 223143499 HOWARD J KLEIN PHD 1.00 X X 0 0 0 JAMES R SCHULTZ SPHR GPHR 1.00 X X 0 0 0 LYNN C OUTWATER ESQ SPHR 1.00 X X 0 0 0 TOM DARROW 1.00 X 0 0 0 MARY A GOWAN PHD 1.00 X 0 0 0 STEVEN GINSBURGH 1.00 X 0 0 0 RICHARD KLIMOSKI PHD 1.00 X 0 0 0 ELIZABETH LARSON 1.00 X 0 0 0 EDWARD LAWLER III PHD 1.00 X 0 0 0 MERRY LEE LISON SPHR GPHR 1.00 X 0 0 0 NEREIDA PEREZ 1.00 X 0 0 0 SUSAN PODLOGAR 1.00 X 0 0 0 JEFF T H PON PHD 1.00 X 0 226154 8080 M SUSAN TAYLOR PHD 1.00 X 0 0 0 PADMA THIRUVENGADAM 1.00 X 0 0 0 HOWARD WINKLER SPHR 1.00 X 0 0 0 KAREN SILBERMAN CAE 37.50 X 147573 0 30253 MARK SCHMIT 37.50 X 23077 198763 42911 170650 424917 81244 1 0 1 0 0 544720 1675383 43228 2220103 415874 415874 15022450 14779452 242998 242998 242998 606 197 409 409 2879384 409 0 658872 X 500011 500011 326752 326752 33650 33650 183804 101092 27571 55141 319248 175585 47887 95776 43025 23671 6447 12907 59960 32978 8994 17988 35864 19725 5380 10759 21522 21522 1977 1977 120083 120083 341476 145091 155290 41095 113874 13510 19580 80784 13196 4004 7394 1798 208117 68097 130327 9693 DUES/SUBSCRIPTIONS 1113 1113 MISCELLANEOUS 925 142 783 2324597 1444166 551730 328701 655102 758395 3184170 452255 333491 20246 7561 7365 1916 7520 10055290 14448932 857942 346174 1070730 1063940 16166202 17104827 306090 364269 225153 73000 531243 437269 X 13038176 14206164 1996783 1840738 600000 620656 15634959 16667558 16166202 17104827 X 554787 610218 -132406 X 0 1 X 1 0 X 2318658 2185327 2383520 3193877 2220103 12301485 2318658 2185327 2383520 3193877 2220103 12301485 6936808 5364677 288478 323787 286471 355395 415874 1670005 13971490 11399 0.38400 0.35970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1369774 55987 1425761 1416858 -47084 1369774 1357501 59357 1416858 1300000 57501 1357501 800000 500000 1300000 0.49100 0.43530 0.07370 0 0 0 DUE FROM AFFILIATES 688882 DUE FROM RELATED ENTITIES 355838 INTEREST RECEIVABLE 19220 1063940 DUE TO AFFILIATE 61119 DUE TO RELATED ENTITIES 11881 73000 X 3728805 610218 359089 197 969504 2759301 120083 120083 2879384 2563800 359089 197 359286 2204514 120083 120083 2324597 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: IN ACCORDANCE WITH DONOR RESTRICTIONS, EARNINGS ON THE PERMANENTLY RESTRICTED GENERAL ENDOWMENT ARE CONSIDERED AVAILABLE TO SUPPORT THE GENERAL OPERATIONS OF THE FOUNDATION AND ARE THEREFORE RECOGNIZED AS UNRESTRICTED SUPPORT. EARNINGS UP TO $10,000 ANNUALLY FROM INTEREST AND DIVIDENDS ON THE PERMANENTLY RESTRICTED SUSAN R. MEISSINGER FELLOWSHIP ARE TO BE AVAILABLE TO SUPPORT AN ANNUAL AWARD OF UP TO $10,000 FOR AT LEAST ONE SELECTED GRADUATE STUDENT IN THE FIELD OF HUMAN RESOURCES. TEMPORARILY RESTRICTED SLOAN GRANT FUNDS ARE DESIGNATED TO SUPPORT THE CREATION OF NEW CONTENT AND EXPANDED, ACCELERATED OUTREACH TARGETED TO HR PROFESSIONALS, EMPLOYERS, AND EMPLOYEES TO ADVANCE WORKPLACE FLEXIBLITY. TEMPORARILY RESTRICTED LOSEY FUNDS AND ITS EARNINGS ARE BOARD DESIGNATED TO SUPPPORT AN ANNUAL RESEARCH AWARD TO AN INDIVIDUAL WHO HAS DEMONSTRATED SIGNIFICANT CONTRIBUTIONS TO THE FIELD OF HUMAN RESOURCE MANAGEMENT. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE FOUNDATION PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 197. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 197. 1 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION. RESEARCH GRANT 20000 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION. RESEARCH GRANT 13650 0 0 0 0 0 0 33650 0 33650 MIDDLE EAST AND NORTH AFRICA RESEARCH GRANT 20000 WIRE EUROPE (INCLUDING ICELAND & GREENLAND) RESEARCH GRANT 13650 WIRE 0 2 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: ON AN ANNUAL BASIS, GRANT RECIPIENTS ARE REQUIRED TO SEND IN THREE PROJECT UPDATES EXPLAINING THEIR PROGRESS ON THE RESEARCH. WHEN REQUESTING REIMBURSEMENTS, THE GRANT RECIPIENTS SEND DETAILED INVOICES ACCOUNTING FOR THE EXPENSES. 1 GEORGIA STATE UNIVERSITY PO BOX 3399 ATLANTA GA 300303999 580603146 501(C)(3) 19996 HR RESEARCH REGENTS OF THE UNIVERSITY PO BOX 1450 MINNEAPOLIS MN 55483 416007513 501(C)(3) 34100 HR RESEARCH UNIVERSITY OF SOUTHERN CALIFORNIA UNIVERSITY PARK LOS ANGELES CA 900742095 951642394 501(C)(3) 12347 HR RESEARCH PORTLAND STATE UNIVERSITY PO BOX 751 BORA PORTLAND OR 972070751 481278529 501(C)(3) 6789 HR RESEARCH UNIVERSITY OF KENTUCKY PO BOX 93113 CLEVELAND OH 44193 616033693 501(C)(3) 45529 HR RESEARCH SOCIETY FOR HUMAN RESOURCE MANAGEMENT 1800 DUKE STREET ALEXANDRIA VA 223143499 340948453 501(C)(6) 25000 HR RESEARCH PENNSYLVANIA STATE UNIVERSITY 2415 WATERVILLE DRIVE CHAMPAIGN IL 61822 246000376 501(C)(3) 35592 HR RESEARCH UNIVERSITY OF ILLINOIS - WAYNE 601 S MORGAN STREET CHICAGO IL 60607 376000511 501(C)(3) 17741 HR RESEARCH MICHIGAN STATE UNIVERSITY MICHIGAN STATE UNIVERSITY EAST LANSING MI 48824 386005984 501(C)(3) 38830 HR RESEARCH WASHINGTON STATE UNIVERSITY PO BOX 643140 PULLMAN WA 99164 916001108 501(C)(3) 12310 HR RESEARCH UNIVERSITY OF NORTH CAROLINA 104 AIRPORT DR CB 11350 2200 CHAPEL HILL NC 27599 566172047 501(C)(3) 22492 HR RESEARCH FAMILIES AND WORK INSTITUTE 265 FIFTH AVENUE 2ND FLOOR NEW YORK NY 10016 133500642 501(C)(3) 229285 HR RESEARCH 11 1 RESEARCH GRANTS 7 79651 ACADEMIC AWARDS 66 161101 CERTIFICATION AWARDS 82 61500 DISSERTATION AWARDS 4 20000 BARBARA SANCHEZ AWARDS 3 4500 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: ON AN ANNUAL BASIS, GRANT RECIPIENTS ARE REQUIRED TO SEND IN THREE PROJECT UPDATES EXPLAINING THEIR PROGRESS ON THE RESEARCH. WHEN REQUESTING REIMBURSEMENTS, THE GRANT RECIPIENTS SEND DETAILED INVOICES ACCOUNTING FOR THE EXPENSES. X X X X 0 0 0 0 0 0 1 1 0 JEFF T H PON PHD 0 226154 0 0 0 0 0 8080 0 0 0 234234 0 0 KAREN SILBERMAN CAE 121894 0 25679 0 0 0 26425 0 3828 0 177826 0 0 0 MARK SCHMIT 23077 162745 0 36018 0 0 4898 34269 0 3744 27975 236776 0 0 SUPPLEMENTAL INFORMATION PART III PART II, LINE 1: JEFF T. H. PON, PHD, IS AN EMPLOYEE OF THE SOCIETY FOR HUMAN RESCOURCE MANAGEMENT (SHRM) COMPENSATED IN THE CAPACITY AS CHIEF HUMAN RESOURCE OFFICER. PART II, LINE 3: PRIOR TO ACCEPTING THE EXECUTIVE DIRECTOR POSITION, MARK SCHMIT WAS AN EMPLOYEE OF SHRM COMPENSATED IN THE CAPACITY AS VP, RESEARCH. SUPPLEMENTAL INFORMATION PART III PART I, LINE 6 & 7: ALL EMPLOYEES ARE ELIGIBLE TO RECEIVE AN INCENTIVE COMPENSATION PAYMENT BASED ON SHRM, A RELATED ENTITY, MEETING KEY PERFORMANCE GOALS. THE GOALS ARE APPROVED BY THE SHRM BOARD OF DIRECTORS AND INCLUDE MEMBER SATISFACTION, MEMBER COUNTS, ANNUAL CONFERENCE ATTENDEE COUNTS, PROVIDING A WORLD CLASS WORK ENVIRONMENT, LONG-TERM STRATEGIC INITIATIVES AND FINANCIAL RESULTS. EACH GOAL IS GIVEN A WEIGHTED AVERAGE PERCENTAGE OF THE TOTAL GOAL. INCENTIVE COMPENSATION PAYMENTS ARE BASED ON AN EMPLOYEE'S EARNINGS, POSITION, INDIVIDUAL PERFORMANCE AND ANNUAL PERFORMANCE OF THE ORGANIZATION. AFTER THE CALENDAR YEAR, THE SHRM BOARD REVIEWS ACTUAL RESULTS VERSUS THE GOALS AND APPROVES THE INCENTIVE COMPENSATION PAYMENTS. FOR 2012, SHRM MET ITS FINANCIAL GOAL AND PAID EMPLOYEES INCENTIVE COMPENSATION BASED ON SHRM'S FINANCIAL RESULTS RANGING FROM .44% TO 1.99% OF AN EMPLOYEE'S ANNUAL SALARY. X 1 100 SALES PRICE X 1584 SALES PRICE X 2235 SALES PRICE X 6 7165 SALES PRICE X JEWELRY 21 2325 SALES PRICE X ELECTRONICS 13 7181 SALES PRICE X TRIPS 10 12694 SALES PRICE X MISCELLANEOUS OTHER SECURITIES 30 9944 SALES PRICE 0 0 1 THIRD PARTY USE: PART I, LINE 32B: THE FOUNDATION USED A THIRD PARTY TO HOLD ITS ANNUAL ONLINE AUCTION. FORM 990, PART VI, SECTION A, LINE 3 THE FOUNDATION HAS A MANAGEMENT AGREEMENT WITH THE SOCIETY FOR HUMAN RESOURCE MANAGEMENT (SHRM) WHEREBY SHRM PROVIDES FINANCIAL MANAGEMENT SERVICES ON A PRO-BONO BASIS AND SERVES AS THE CFO AND CONTROLLER OF THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A THE SOCIETY FOR HUMAN RESOURCE MANAGEMENT (SHRM) PRESIDENT/CEO, OR HIS DESIGNEE, SHALL BE A VOTING EX OFFICIO DIRECTOR ON THE FOUNDATION'S BOARD. THE SHRM BOARD IS REQUIRED TO ELECT THE REMAINING FOUNDATION DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE FOUNDATION'S FEDERAL FORM 990 IS REVIEWED BY THE ACCOUNTING STAFF OF THE SOCIETY FOR HUMAN RESOURCE MANAGEMENT (SHRM), INCLUDING THE CONTROLLER AND CFO, THE EXECUTIVE DIRECTOR OF THE FOUNDATION, AND THE TREASURER OF THE FOUNDATION'S BOARD. SUCH REVIEWS TAKE PLACE UPON RECEIPT OF THE DRAFT FEDERAL FORM 990 PREPARED BY THE INDEPENDENT PUBLIC ACCOUNTING FIRM THAT CONDUCTS THE FINANCIAL STATEMENT AUDIT OF THE FOUNDATION. THE REVIEW INVOLVES A CHECK OF ALL NARRATIVE INFORMATION FOR ACCURACY AND COMPLETENESS AND A COMPARISON OF FINANCIAL DATA WITH THE AUDITED FINANCIAL STATEMENTS AND THE BOOKS AND RECORDS OF THE ORGANIZATION. ADDITIONALLY, ALL MEMBERS OF THE BOARD HAVE THE OPPORTUNITY TO REVIEW THE FORM. PRIOR TO FILING THE FEDERAL FORM 990 WITH THE INTERNAL REVENUE SERVICE, A COMPLETE COPY IS PROVIDED TO ALL VOTING MEMBERS OF THE FOUNDATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD CONFLICT OF INTEREST POLICY PROVIDES THE FOLLOWING PROCEDURES FOR ADDRESSING POTENTIAL CONFLICTS OF INTEREST THAT MAY REQUIRE BOARD OR COMMITTEE ACTION, SUCH AS: 1) THE INTERESTED PERSON MUST DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST AND SUCH DISCLOSURE MUST BE REFLECTED IN THE MINUTES OF THE MEETING WHERE SUCH MATTER IS BEING REVIEWED; 2) THE INTERESTED PERSON IS PROHIBITED FROM PARTICIPATING IN DISCUSSIONS EXCEPT TO DISCLOSE MATERIAL FACTS AND RESPOND TO QUESTIONS; 3) SUCH PERSON SHALL NOT ATTEMPT TO EXERT HIS OR HER PERSONAL INFLUENCE WITH RESPECT TO THE MATTER EITHER AT OR OUTSIDE OF THE MEETING; 4) SUCH PERSON MAY NOT BE PRESENT TO HEAR THE BOARD OR COMMITTEE DISCUSSIONS ON THE MATTER; 5) SUCH INTERESTED PERSON IS PRECLUDED FROM VOTING ON THE MATTER AND SUCH PERSON'S PRESENCE MAY NOT BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM FOR PURPOSES OF THE VOTE AT THE MEETING; 6) SUCH PERSON MAY NOT BE PRESENT DURING THE VOTE UNLESS THE VOTE IS BY SECRET BALLOT; AND 7) SUCH PERSON'S INELIGIBILITY TO VOTE SHOULD BE REFLECTED IN THE MINUTES. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE 10% HIGHEST PAID EMPLOYEES AT THE SHRM FOUNDATION IS RECOMMENDED BY AN INDEPENDENT COMPENSATION CONSULTANT THROUGH REVIEW OF RELEVANT COMPARABILITY DATA. THE RECOMMENDATION IS DISCUSSED AND SUBSTANTIATED BY THE SOCIETY FOR HUMAN RESOURCE MANAGEMENT (SHRM) CEO AND/OR CHRO. COMPENSATION AMOUNTS ARE DIRECTLY LINKED TO THE INDIVIDUAL'S PERFORMANCE. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. OTHER FEES FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 145,091. MANAGEMENT AND GENERAL EXPENSES 155,290. FUNDRAISING EXPENSES 41,095. TOTAL EXPENSES 341,476. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: PENSION-RELATED CHARGES OTHER THAN NET PERIODIC PENSION COST -132,406. SOCIETY FOR HUMAN RESOURCE MANAGEMENT 1800 DUKE STREET ALEXANDRIA VA 223143499 340948453 SERVE NEEDS OF HR PROFESSIONALS OH 501(C)(6) N/A N/A 0 AMERICAN COUNCIL ON INTERNATIONAL PERSONNEL 1800 DUKE STREET ALEXANDRIA VA 223143499 132781857 EMPLOYMENT-BASED IMMIGRATION, EDUCATION & ADVOCACY DC 501(C)(6) N/A SOCIETY FOR HUMAN RESOURCE MANAGEMENT 0 SHRM CORPORATION 1800 DUKE STREET ALEXANDRIA VA 223143499 760839798 ON-LINE JOBS ADVERTISING PROGRAM VA SOCIETY FOR HUMAN RESOURCE MANAGEMENT C 0 STRATEGIC HUMAN RESOURCE MGM'T INDIA 702 VIBGYOR TOWERS PLOT NO C-62 7 MUMBAI IN 802212005 HR RESEARCH AND EDUCATIONAL PROGRAMS IN INDIA IN SOCIETY FOR HUMAN RESOURCE MANAGEMENT C 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 SOCIETY FOR HUMAN RESOURCE MANAGEMENT C 559645 CASH SOCIETY FOR HUMAN RESOURCE MANAGEMENT M 405969 FMV SOCIETY FOR HUMAN RESOURCE MANAGEMENT N 64474 FMV SOCIETY FOR HUMAN RESOURCE MANAGEMENT O 74576 CASH SOCIETY FOR HUMAN RESOURCE MANAGEMENT P 588636 CASH