AMERICAN COUNCIL ON EDUCATION: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: AMERICAN COUNCIL ON EDUCATION (EIN 53-0196573)
Tax period: 2011-10-01 to 2012-09-30
Filed: 2013-08-13
IRS object ID: 201342259349303059
Schema version: 2011v1.5
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule F
Schedule I
Schedule J
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-08-13T15:45:10-05:00	Timestamp
Tax Period End Date	2012-09-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	KPMG LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	1676 International Drive	AddressLine1
City	McLean	City
State	VA	State
ZIP Code	22102	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-10-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	530196573	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	American Council on Education	BusinessNameLine1

Field	Value	IRS element (for citing)
In Care Of Name	% JEFF DAVIES	InCareOfName
Name Control	AMER	NameControl
Phone	2029399330	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	One Dupont Circle NW	AddressLine1
City	Washington	City
State	DC	State
ZIP Code	200361193	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	MARGARET C BROAD	Name
Title	PRESIDENT	Title
Date Signed	2013-08-13	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Phone	7032868000	Phone

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	MARGARET BROAD	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	ONE DUPONT CIRCLE NW	AddressLine1
City	WASHINGTON	City
State	DC	State
ZIP Code	20036	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	56661162	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.ACENET.EDU	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1918	YearFormation
State Legal Domicile	DC	StateLegalDomicile
Activity Or Mission Description	THE AMERICAN COUNCIL ON EDUCATION SEEKS TO PROVIDE LEADERSHIP AND A UNIFYING VOICE ON KEY HIGHER EDUCATION ISSUES AND TO INFLUENCE PUBLIC POLICY THROUGH REPRESENTATION, RESEARCH, AND PROGRAM INITIATIVES.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	36	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	36	NbrIndependentVotingMembers
Total Nbr Employees	263	TotalNbrEmployees
Total Nbr Volunteers	47	TotalNbrVolunteers
Total Gross UBI	321369	TotalGrossUBI
Net Unrelated Business Txbl Income	-437039	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	32336742	ContributionsGrantsPriorYear
Contributions Grants Current Year	34023249	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	25838968	ProgramServiceRevenuePriorYear
Program Service Revenue CY	17200857	ProgramServiceRevenueCY
Investment Income Prior Year	924106	InvestmentIncomePriorYear
Investment Income Current Year	735535	InvestmentIncomeCurrentYear
Other Revenue Prior Year	1153870	OtherRevenuePriorYear
Other Revenue Current Year	774208	OtherRevenueCurrentYear
Total Revenue Prior Year	60253686	TotalRevenuePriorYear
Total Revenue Current Year	52733849	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	10312112	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	13117619	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	21769186	SalariesEtcPriorYear
Salaries Etc Current Year	19977768	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	1029392	TotalFundrsngExpCurrentYear
Other Expense Prior Year	18246309	OtherExpensePriorYear
Other Expenses Current Year	17837766	OtherExpensesCurrentYear
Total Expenses Prior Year	50327607	TotalExpensesPriorYear
Total Expenses Current Year	50933153	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	9926079	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	1800696	RevenuesLessExpensesCY
Total Assets BOY	86155904	TotalAssetsBOY
Total Assets EOY	94124711	TotalAssetsEOY
Total Liabilities BOY	27929930	TotalLiabilitiesBOY
Total Liabilities EOY	28174748	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	58225974	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	65949963	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	THE AMERICAN COUNCIL ON EDUCATION (ACE) IS THE MAJOR COORDINATING BODY FOR HIGHER EDUCATION IN THE UNITED STATES. FOUNDED IN 1918, ACE SEEKS TO PROVIDE LEADERSHIP AND A UNIFYING VOICE ON KEY HIGHER EDUCATION ISSUES AND TO INFLUENCE PUBLIC POLICY THROUGH REPRESENTATION, RESEARCH, AND PROGRAM INITIATIVES. ACE AIMS TO FOSTER GREATER COLLABORATION AND NEW PARTNERSHIPS WITHIN AND OUTSIDE THE HIGHER EDUCATION COMMUNITY TO HELP COLLEGES AND UNIVERSITIES ANTICIPATE AND ADDRESS THE CHALLENGES OF THE 21ST CENTURY AND CONTRIBUTE TO A STRONGER NATION AND A BETTER WORLD. ACE VALUES INCLUSIVENESS AND DIVERSITY, RECOGNIZES HIGHER EDUCATION'S RESPONSIBILITY TO SOCIETY, AND EMBRACES THE BELIEF THAT WIDESPREAD ACCESS TO EXCELLENT POSTSECONDARY EDUCATIONAL OPPORTUNITIES IS THE CORNERSTONE OF A DEMOCRATIC SOCIETY.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	24462120	Expense
Grants	11449827	Grants
Revenue	9362981	Revenue
Description	PROFESSIONAL DEVELOPMENT PROGRAMS - THESE PROGRAMS PROVIDE VALUABLE OPPORTUNITIES FOR INDIVIDUAL AND INSTITUTIONAL DEVELOPMENT. THE EXECUTIVE LEADERSHIP GROUP OFFERS CRITICAL NETWORKING AND EDUCATIONAL PROGRAMMING FOR SENIOR-LEVEL CAMPUS LEADERS WITH SPECIAL FOCUS ON PRESIDENTS, CHIEF ACADEMIC OFFICERS, VICE PRESIDENTS, AND OTHERS. THE EMERGING LEADERS GROUP OFFERS LEADERSHIP DEVELOPMENT PROGRAMS AND NETWORKING OPPORTUNITIES FOR MID-LEVEL ADMINISTRATORS. THE INCLUSIVE EXCELLENCE GROUP HELPS FOSTER GREATER DIVERSITY AND INCLUSION IN HIGHER EDUCATION THROUGH LEADERSHIP DEVELOPMENT AND EDUCATIONAL PROGRAMS DESIGNED TO BROADEN THE HIGHER EDUCATION PIPELINE AS WELL AS RESEARCH INITIATIVES FOCUSED ON ANALYZING EMERGING TRENDS ON THE STATUS OF UNDERREPRESENTED GROUPS IN HIGHER EDUCATION. BECAUSE ACE RECOGNIZES THAT GLOBAL PERSPECTIVES ARE CRITICAL TO SOLVING CONTEMPORARY PROBLEMS, ENSURING ACADEMIC EXCELLENCE AND PREPARING A WORLD-CLASS WORKFORCE, ITS INTERNATIONAL INITIATIVES PROGRAMS AND SERVICES ARE INTERTWINED WITH BROADER LEADERSHIP DEVELOPMENT PROGRAMS IN ORDER TO SUPPORT AND ENHANCE INTERNATIONALIZATION ON U.S. CAMPUSES. ACE'S HIGHER EDUCATION IN DEVELOPMENT PROGRAM, FUNDED BY A COOPERATIVE AGREEMENT WITH THE U.S. AGENCY FOR INTERNATIONAL DEVELOPMENT COORDINATES ENGAGEMENT OF THE U.S. HIGHER EDUCATION COMMUNITY WITH ORGANIZATIONS OVERSEAS TO ADDRESS DEVELOPMENT CHALLENGES.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	7933154	Expense
Grants	1237363	Grants
Revenue	2228466	Revenue
Description	CENTER FOR LIFELONG LEARNING - FOR MORE THAN 65 YEARS, THE AMERICAN COUNCIL ON EDUCATION (ACE) HAS BEEN A NATIONAL LEADER IN THE EVALUATION OF EDUCATION AND TRAINING OBTAINED OUTSIDE THE CLASSROOM. ITS WORK ENSURES THE VALIDITY OF NONTRADITIONAL LEARNING AND ADULT ACCESS TO AND SUCCESS IN POSTSECONDARY EDUCATION AND THE WORKFORCE. THE CENTER FOR LIFELONG LEARNING ADDRESSES ADULT LEARNING CHALLENGES WITH A RANGE OF ACTIVITIES THAT INCLUDE NATIONAL INITIATIVES, RESEARCH PROGRAMS, SERVICES, ONLINE RESOURCES, WORKSHOPS AND PUBLICATIONS. THROUGH THESE MEANS, INCLUDING THE COLLEGE CREDIT RECOMMENDATION SERVICE AND EVALUATION OF MILITARY COURSES AND OCCUPATIONS, THE CENTER FOR LIFELONG LEARNING HELPS ADULTS OBTAIN ACADEMIC CREDIT FOR FORMAL COURSES AND EXAMINATIONS TAKEN OUTSIDE TRADITIONAL COLLEGES AND UNIVERSITIES. IN CONJUNCTION WITH THESE PROGRAMS, THE CENTER'S REGISTRY SERVICES PROVIDE TRANSCRIPTS FOR ADULT LEARNERS WHO HAVE TAKEN ACE-EVALUATED CORPORATE AND MILITARY PROGRAMS. THE CENTER ALSO ENGAGES IN POLICY WORK THAT ADVANCES LIFELONG LEARNING FOR ADULTS ACROSS NUMEROUS SECTORS NATIONWIDE. MOST RECENTLY, ACE HAS BEEN INVOLVED WITH PROGRAMS TO SUPPORT ACTIVE DUTY MILITARY AS WELL AS VETERANS. THROUGH GRANT-FUNDED PROJECTS, ACE HAS CREATED A TOOLKIT FOR VETERAN-FRIENDLY INSTITUTIONS AND PROVIDES SERVICES TO WOUNDED MILITARY PERSONNEL AT BETHESDA WALTER REED.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	5158583	Expense
Grants	225429	Grants
Revenue	130078	Revenue
Description	GOVERNMENT RELATIONS AND PUBLIC AFFAIRS - COORDINATES AND PUBLICIZES THE EFFORTS OF THE HIGHER EDUCATION COMMUNITY IN REPRESENTING ITS CONCERNS TO THE FEDERAL GOVERNMENT. ACE PREPARES TESTIMONY FOR CONGRESSIONAL HEARINGS, COMMENTS ON PROPOSED FEDERAL LEGISLATION AND REGULATIONS, AND FILES AMICUS CURIAE BRIEFS ON COURT CASES WITH IMPORTANT IMPLICATIONS FOR HIGHER EDUCATION. A KEY BENEFIT OF ACE MEMBERSHIP IS ACCESS TO HIGHER EDUCATION RESEARCH AND PUBLICATIONS. ACE PUBLISHES PAPERS, MONOGRAPHS, RESEARCH REPORTS AND BOOKS ON THE TOPICS OF STUDENT FINANCIAL AID, DEMOGRAPHIC TRENDS IN HIGHER EDUCATION, ACADEMIC PREPARATION FOR COLLEGE, AND THE COLLEGE PRESIDENCY, AMONG OTHER TOPICS. ANOTHER MEANS OF DISSEMINATION OF THIS INFORMATION IS THE ACE ANNUAL MEETING WHICH IS AN IDEAL SETTING FOR NETWORKING WITH COLLEAGUES AND ADDRESSING FUTURE CHALLENGES OF HIGHER EDUCATION.	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	6849437	TotalOfOtherProgramServiceExp
Total Of Other Program Service Grnt	205000	TotalOfOtherProgramServiceGrnt
Total Of Other Program Service Rev	13671631	TotalOfOtherProgramServiceRev
Total Program Service Expense	44403294	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	true	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	true	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	true	ForeignActivities
More Than5000 K To Organizations	true	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	true	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	true	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	true	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	true	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	398	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	263	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Form990-T Filed	true	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	36	NbrVotingGoverningBodyMembers
Number Independent Voting Members	36	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	true	InvestmentInJointVenture
Written Policy Or Procedure	true	WrittenPolicyOrProcedure
States Where Copy Of Return Is Filed	DC	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	FL	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	NY	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	JEFF DAVIES	NamePerson
Telephone Number	2029399558	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	ONE DUPONT CIRCLE NW	AddressLine1
City	WASHINGTON	City
State	DC	State
ZIP Code	20036	ZIPCode

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	X	InfoInScheduleOPartVII

Form990 Part VII Section A Form990PartVIISectionA (65 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee	FormerFormer
AOUN JOSEPH
VICE CHAIR	1.0	X	0	0	0
AYERS EDWARD
DIRECTOR	1.0	X	0	0	0
GARIBALDI ANTOINE
DIRECTOR	1.0	X	0	0	0
MITCHELL HORACE
DIRECTOR	1.0	X	0	0	0
NATALICIO DIANA
VICE CHAIR/CHAIR-ELECT	1.0	X	0	0	0
SEXTON JOHN
DIRECTOR	1.0	X	0	0	0
YUDOF MARK G
DIRECTOR	1.0	X	0	0	0
HARRIS BRICE W
DIRECTOR	1.0	X	0	0	0
MATOS RODRIGUEZ FELIX V
DIRECTOR	1.0	X	0	0	0
MAXWELL DAVID
DIRECTOR	1.0	X	0	0	0
MULLEN JAMES H
DIRECTOR	1.0	X	0	0	0
PADRON EDUARDO J
CHAIR	1.0	X	0	0	0
ROMO RICARDO
DIRECTOR	1.0	X	0	0	0
TURNER GERALD R
DIRECTOR	1.0	X	0	0	0
MILLER KEITH L
DIRECTOR	1.0	X	0	0	0
DAHL CHRISTOPHER C
DIRECTOR	1.0	X	0	0	0
LINNANE BRIAN SJ
DIRECTOR	1.0	X	0	0	0
MARTIN GEORGE E
DIRECTOR	1.0	X	0	0	0
ANDERSON LOREN J
DIRECTOR	1.0	X	0	0	0
KHATOR RENU
DIRECTOR	1.0	X	0	0	0
BOSCHINI VICTOR
DIRECTOR	1.0	X	0		0
DISTEFANO PHILIP
DIRECTOR	1.0	X	0	0	0
GORA JOANN
DIRECTOR	1.0	X	0	0	0
MCAULIFFE JANE
DIRECTOR	1.0	X	0	0	0
REILLY KEVIN P
DIRECTOR	1.0	X	0	0	0
SPANGLER MARY
DIRECTOR	1.0	X	0	0	0
WATSON WAYNE
DIRECTOR	1.0	X	0	0	0
MILLIKEN JAMES B
DIRECTOR	1.0	X	0	0	0
GARLAND JOHN W
DIRECTOR	1.0	X	0	0	0
PRAGER SUSAN WESTERBERG
DIRECTOR	1.0	X	0	0	0
WELLS RICHARD
DIRECTOR	1.0	X	0	0	0
MCCALLIN NANCY
DIRECTOR	1.0	X	0	0	0
CARET ROBERT L
DIRECTOR	1.0	X	0	0	0
HERBST SUSAN
DIRECTOR	1.0	X	0	0	0
KERWIN CORNELIUS M
DIRECTOR	1.0	X
PAPPAS RICHARD J
DIRECTOR	1.0	X	0	0	0
PEACOCK KENNETH E
DIRECTOR	1.0	X	0	0	0
WILSON DAVID
DIRECTOR	1.0	X	0	0	0
FLOYD ELSON S
DIRECTOR	1.0	X	0	0	0
SULLIVAN TERESA A
DIRECTOR	1.0	X	0	0	0
NUGENT S GEORGIA
DIRECTOR	1.0	X	0	0	0
CEPEDA RITA M
DIRECTOR	1.0	X	0	0	0
RAY EDWARD J
DIRECTOR	1.0	X	0	0	0
MEYERS CAROLYN
DIRECTOR	1.0	X	0	0	0
DOWDEN G BLAIR
DIRECTOR	1.0	X	0	0	0
KIRCH DARRELL G
DIRECTOR	1.0	X	0	0	0
OBLINGER DIANA
DIRECTOR	1.0	X	0	0	0
DEFELICE JONATHAN OSB
DIRECTOR	1.0	X	0	0	0
BROAD MARGARET C
PRESIDENT	50.0		519587	0	290611	X
HARTLE TERRY
SVP, GOV'T & PA	50.0		315969	0	135454	X
TOMITZ JEFFREY A
CHIEF FINANCIAL OFFICER	50.0		226761	0	75726	X
BATAILLE GRETCHEN
SVP, L&LL	50.0		158805	0	52982	X
DAVIES JEFFREY
VP, FINANCE	50.0		0	0	0	X
BABBY ELLEN
VP, ADVANCEMENT & MEMBER SERV.	50.0		236624	0	78920		X
FREEMAN KARA
CHIEF INFORMATION OFFICER	50.0		216648	0	72385		X
MELOY ADA
GENERAL COUNSEL	50.0		257219	0	85807		X
CORNICK TULLY
Executive Director, HED	50.0		166555	0	55478		X
CORDOVA DIANA
VP, Leadership Programs	50.0		151274	0	50243		X
MORRIS STEPHANIE
AVP, Marketing & Membership	50.0		152322	0	50882		X
VAN UMMERSEN CLAIRE
VP, EFFECTIVE LEADERSHIP	50.0		209133	0	69521			X
GREEN MADELEINE F
VP, INT'L INITIATIVES	50.0		119083	0	0			X
TIMMONS BECKY
ASST. VP, GOV'T RELATIONS	50.0		205962	0	68577			X
MCDONOUGH TIMOTHY
Asst. VP, Public Affairs	50.0		260725	0	87080			X
KING JACQUELINE
ASST.VP,CTR FOR POLICY ANALYS.	50.0		137419	0	45896			X
PIPPINS SHIRLEY
SVP, PROGRAMS & SERVICES	50.0		221730	0	74027				X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	3555816	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	1293589	TotalOtherCompensation
Number Individuals GT100 K	32	NumberIndividualsGT100K
Formers Listed	true	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
Fulbright Jaworski
PO Box 844284	DALLAS	TX	752844284	Legal Services	437555
Kemp P Battle
87 Cold Brook Road	BEARSVILLE	NY	12409	Consulting Services	380295
CMGRP Inc
PO Box 7247-6593	PHILADELPHIA	PA	191706593	PR SERVICES	370410
Ironworks Consulting LLC
PO Box 7777-W510500	PHILADELPHIA	PA	191750500	Consulting Services	323035
Warfield Sanford Elevator Company
7811 Academy Lane	LAUREL	MD	20707	SERVICE & REPAIR	300995

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	48	NumberOfContractorsGT100K
Membership Dues	6529917	MembershipDues
Government Grants	21857454	GovernmentGrants
All Other Contributions	5635878	AllOtherContributions
Noncash Contributions	2750000	NoncashContributions
Total Contributions	34023249	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue
TESTING AND REGISTRATION FEES	900099	12067106	12067106
RENT INCOME	532000	5316734	5316734
GARAGE PARKING	812930	320781	312895	7886
SALES AND OTHER INCOME	900099	98536	98536
INVESTMENT IN JOINT VENTURE	900099	-602300	-602300

Field	Value	IRS element (for citing)
Total Program Service Revenue	17200857	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	685737	TotalRevenueColumn
Unrelated Business Revenue	-12	UnrelatedBusinessRevenue
Exclusion	$685,749	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	36927	TotalRevenueColumn
Exclusion	$36,927	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	3691238	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	3641440	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	49798	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	49798	TotalRevenueColumn
Exclusion	$49,798	ExclusionAmount

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	930878	GrossSalesOfInventory
Cost Of Goods Sold	285873	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	645005	TotalRevenueColumn
Related Or Exempt Function Income	423786	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	221219	UnrelatedBusinessRevenue

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	THE PRESIDENCY - PUBLICATION ADVERTISING	Description
Business Code	541800	BusinessCode
Total Revenue Column	92276	TotalRevenueColumn
Unrelated Business Revenue	92276	UnrelatedBusinessRevenue

Field	Value	IRS element (for citing)
Total Other Revenue	92276	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	52733849	TotalRevenueColumn
Related Or Exempt Function Income	17616757	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	321369	UnrelatedBusinessRevenue
Exclusion	$772,474	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	12717909	Total
Program Services	12717909	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	399710	Total
Program Services	399710	ProgramServices

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	4276955	Total
Program Services	3581867	ProgramServices
Management And General	545106	ManagementAndGeneral
Fundraising	149982	Fundraising

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	10612173	Total
Program Services	8862954	ProgramServices
Management And General	1336563	ManagementAndGeneral
Fundraising	412656	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	1390637	Total
Program Services	1175637	ProgramServices
Management And General	170000	ManagementAndGeneral
Fundraising	45000	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	2656275	Total
Program Services	2292630	ProgramServices
Management And General	255398	ManagementAndGeneral
Fundraising	108247	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	1041728	Total
Program Services	881728	ProgramServices
Management And General	125000	ManagementAndGeneral
Fundraising	35000	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	296856	Total
Program Services	173880	ProgramServices
Management And General	122976	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	284158	Total
Management And General	284158	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	43652	Total
Management And General	43652	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	4364638	Total
Program Services	3715380	ProgramServices
Management And General	625501	ManagementAndGeneral
Fundraising	23757	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	1725598	Total
Program Services	1355394	ProgramServices
Management And General	320922	ManagementAndGeneral
Fundraising	49282	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	313591	Total
Program Services	244173	ProgramServices
Management And General	63867	ManagementAndGeneral
Fundraising	5551	Fundraising

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	4039556	Total
Program Services	3402931	ProgramServices
Management And General	487065	ManagementAndGeneral
Fundraising	149560	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	2230764	Total
Program Services	2088336	ProgramServices
Management And General	135449	ManagementAndGeneral
Fundraising	6979	Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	989097	Total
Program Services	931973	ProgramServices
Management And General	56088	ManagementAndGeneral
Fundraising	1036	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	173987	Total
Management And General	173987	ManagementAndGeneral

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	1248960	Total
Program Services	886171	ProgramServices
Management And General	347614	ManagementAndGeneral
Fundraising	15175	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	99061	Total
Program Services	10012	ProgramServices
Management And General	88777	ManagementAndGeneral
Fundraising	272	Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
REPAIRS AND MAINTENANCE	682453	517113	151675	13665
AWARDS TO SUBRECIPIENTS	345395	345395
REAL ESTATE AND OTHER TAXES	6301	4467	1698	136
BAD DEBT AND WRITE DOWNS	521	521

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	993178	Total
Program Services	815113	ProgramServices
Management And General	164971	ManagementAndGeneral
Fundraising	13094	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	50933153	Total
Program Services	44403294	ProgramServices
Management And General	5500467	ManagementAndGeneral
Fundraising	1029392	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	4762091	BOY
EOY	7874402	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	7088300	BOY
EOY	5665468	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	1488126	BOY
EOY	1538946	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	91858	BOY
EOY	66085	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	1974487	BOY
EOY	2919758	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	35194504	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	25791266	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	6804401	BOY
EOY	9403238	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	37744865	BOY
EOY	41800155	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	178303	BOY
EOY	178303	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	24958888	BOY
EOY	24255256	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	1064585	BOY
EOY	423100	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	86155904	BOY
EOY	94124711	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	10296791	BOY
EOY	9950045	EOY

Grants Payable GrantsPayable

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	9844922	BOY
EOY	10918481	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	4441332	BOY
EOY	0	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Loans From Officers Directors LoansFromOfficersDirectors

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	4381639	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	3346885	BOY
EOY	2924583	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	27929930	BOY
EOY	28174748	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	52321406	BOY
EOY	59678591	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	5904568	BOY
EOY	6271372	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	58225974	BOY
EOY	65949963	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	86155904	BOY
EOY	94124711	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	1800696	ReconcilationRevenueExpenses
Reconcilation Other Changes	5923293	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	X	PubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	26661435	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	33168594	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	27209221	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	32336742	CurrentTaxYearMinus1Year
Current Tax Year	34023249	CurrentTaxYear
Total	153399241	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	19214079	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	19497552	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	23634652	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	26831961	CurrentTaxYearMinus1Year
Current Tax Year	17910516	CurrentTaxYear
Total	107088760	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	45875514	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	52666146	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	50843873	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	59168703	CurrentTaxYearMinus1Year
Current Tax Year	51933765	CurrentTaxYear
Total	260488001	Total

Field	Value	IRS element (for citing)
Public Support Total509	260488001	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	7301447	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	7003142	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	1936660	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1137777	CurrentTaxYearMinus1Year
Current Tax Year	722664	CurrentTaxYear
Total	18101690	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	7301447	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	7003142	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	1936660	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1137777	CurrentTaxYearMinus1Year
Current Tax Year	722664	CurrentTaxYear
Total	18101690	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	53176961	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	59669288	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	52780533	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	60306480	CurrentTaxYearMinus1Year
Current Tax Year	52656429	CurrentTaxYear
Total	278589691	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.93502	PublicSupportPercentage509
Prior Year Support Percentage	0.90932	PriorYearSupportPercentage
Investment Income Percentage	0.06498	InvestmentIncomePercentage
Prior Yr Invest Income Percentage	0.09068	PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbying

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals

Total Direct Lobbying TotalDirectLobbying

Field	Value	IRS element (for citing)
Filing Organizations Totals	256476	FilingOrganizationsTotals

Total Lobbying Expenditures TotalLobbyingExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	256476	FilingOrganizationsTotals

Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	50676677	FilingOrganizationsTotals

Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	50933153	FilingOrganizationsTotals

Lobbying Nontaxable LobbyingNontaxableAmount

Field	Value	IRS element (for citing)
Filing Organizations Totals	1000000	FilingOrganizationsTotals

Grassroots Nontaxable GrassrootsNontaxableAmount

Field	Value	IRS element (for citing)
Filing Organizations Totals	250000	FilingOrganizationsTotals

Tot Lobbying Grassroot Minus Non Tx TotLobbyingGrassrootMinusNonTx

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals

Tot Lobby Expend Mns Lobbying Nontx TotLobbyExpendMnsLobbyingNontx

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals

Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2

Field	Value	IRS element (for citing)
Current Year Minus3	1000000	CurrentYearMinus3
Current Year Minus2	1000000	CurrentYearMinus2
Current Year Minus1	1000000	CurrentYearMinus1
Current Year	1000000	CurrentYear
Total	4000000	Total

Field	Value	IRS element (for citing)
Lobbying Ceiling	$6,000,000	LobbyingCeilingAmount

Total Lobbying Expenditures2 TotalLobbyingExpenditures2

Field	Value	IRS element (for citing)
Current Year Minus3	317411	CurrentYearMinus3
Current Year Minus2	204725	CurrentYearMinus2
Current Year Minus1	181047	CurrentYearMinus1
Current Year	256476	CurrentYear
Total	959659	Total

Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2

Field	Value	IRS element (for citing)
Current Year Minus3	250000	CurrentYearMinus3
Current Year Minus2	250000	CurrentYearMinus2
Current Year Minus1	250000	CurrentYearMinus1
Current Year	250000	CurrentYear
Total	1000000	Total

Field	Value	IRS element (for citing)
Grassroots Ceiling	$1,500,000	GrassrootsCeilingAmount

Grassroots Lobbying Expenditures GrassrootsLobbyingExpenditures

Field	Value	IRS element (for citing)
Current Year Minus3	0	CurrentYearMinus3
Current Year Minus2	0	CurrentYearMinus2
Current Year Minus1	0	CurrentYearMinus1
Current Year	0	CurrentYear
Total	0	Total

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amts		ArtPublicExhibitionAmts
Held Works Of Art Amts		HeldWorksOfArtAmts
Agent Trustee Etc	false	AgentTrusteeEtc
Included On FS	false	IncludedOnFS
Current Year Minus3 Years		CurrentYearMinus3Years

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	2678042	OtherCostOrOtherBasis
Book Value	2678042	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	18031511	OtherCostOrOtherBasis
Depreciation	17131179	Depreciation
Book Value	900332	BookValue

Field	Value	IRS element (for citing)
Leasehold Improvements		LeaseholdImprovements

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	14484951	OtherCostOrOtherBasis
Depreciation	8660087	Depreciation
Book Value	5824864	BookValue

Field	Value	IRS element (for citing)
Other Land Buildings		OtherLandBuildings
Total Of Book Value Land Buildings	9403238	TotalOfBookValueLandBuildings

Investments Program Related InvestmentsProgramRelated (2 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
GED TESTING SERVICES LLC	22724100	F
TIAA ANNUITY CONTRACT	1531156	F

Field	Value	IRS element (for citing)
Total Of Book Value Program Related	24255256	TotalOfBookValueProgramRelated
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	RETIREE MEDICAL BENEFIT OBLIGA	Description
Amount	$2,924,583	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	2924583	TotalOfAmounts
Total Revenue	52733849	TotalRevenue
Total Expenses	50933153	TotalExpenses
Excess Or Deficit For Year	1800696	ExcessOrDeficitForYear
Net Unrealized GL On Investments	5684991	NetUnrealizedGLOnInvestments
Other	$238,302	OtherAmount
Total Adjustments	5923293	TotalAdjustments
Excess Or Deficit Per FS	7723989	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	58854599	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	5684991	NetUnrealizedGainsInvestments
Donated Srvc And Use Of Facilities	55845	DonatedSrvcAndUseOfFacilities
Other Revenues	94041	OtherRevenues
Revenue Not Rptd F990	5834877	RevenueNotRptdF990
Revenue Subtotal	53019722	RevenueSubtotal
Other Revenues Not Included	-285873	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	-285873	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	52733849	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	51130610	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	55845	DonatedServicesUseOfFacilities
Other Expenses Included	141612	OtherExpensesIncluded
Expenses Not Rptd F990	197457	ExpensesNotRptdF990
Expenses Subtotal	50933153	ExpensesSubtotal
Total Expenses Per Form990	50933153	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
COUNCIL TAX STATUS	SCHEDULE D, PART X	THE COUNCIL HAS BEEN GRANTED EXEMPTION FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN FURTHER CLASSIFIED AS A PUBLIC CHARITY. THE COUNCIL EARNS UNRELATED BUSINESS INCOME DERIVED FROM PUBLICATION ADVERTISING AND RENTAL INCOME FROM FOR-PROFIT ENTITIES. HOWEVER, NO TAXES WERE PAYABLE ON SUCH AMOUNTS FOR THE YEARS ENDED SEPTEMBER 30, 2012 AND 2011, AS ALLOWABLE DEDUCTIBLE EXPENSES EXCEEDED UNRELATED INCOME. THE COUNCIL APPLIES A "MORE-LIKELY-THAN-NOT" THRESHOLD TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN.
RECONCILIATION OF NET ASSETS	SCHEDULE D, PART XI, LINE 8	GAIN ON INTEREST RATE SWAP $ 94,041 POSTRETIREMENT CHARGE OTHER THAN NET PERIODIC BENEFIT COST $144,261 ------- TOTAL OTHER CHANGES: 238,302 =======
RECONCILIATION OF REVENUE	SCHEDULE D, PART XII, LINE 2D	GAIN ON INTEREST RATE SWAP $94,041 ======== SCHEDULE D, PART XII, LINE 4B COST OF GOODS SOLD $<285,873> ========
RECONCILIATION OF EXPENSES	SCHEDULE D, PART XIII, LINE 2D	POSTRETIREMENT CHARGE OTHER THAN NET PERIODIC BENEFIT COST <144,261> RECLASSIFICATION OF COST OF GOODS SOLD 285,873 --------- TOTAL: 141,612 =========

Schedule F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable (9 entries)

RegionRegion	Type Of Activities ConductedTypeOfActivitiesConducted	Specific Services ProvidedSpecificServicesProvided	Total ExpendituresTotalExpenditures
Central America and the Caribbean	Program Services	INTL DEVELOPM OF EDUC	754329
East Asia and the Pacific	Program Services	INTL DEVELOPM OF EDUC	51203
Europe (Including Iceland and Greenland)	Program Services	INTL DEVELOPM OF EDUC	111624
Middle East and North Africa	Program Services	INTL DEVELOPM OF EDUC	2648624
North America	Program Services	INTL DEVELOPM OF EDUC	2712331
South America	Program Services	INTL DEVELOPM OF EDUC	1057692
South Asia	Program Services	INTL DEVELOPM OF EDUC	203010
Sub-Saharan Africa	Program Services	INTL DEVELOPM OF EDUC	7554376
Sub-Saharan Africa	Grantmaking		399710

Field	Value	IRS element (for citing)
Subtotal Number Of Offices	0	SubtotalNumberOfOffices
Subtotal Number Of Employees	0	SubtotalNumberOfEmployees
Total Number Of Offices	0	TotalNumberOfOffices
Total Number Of Employees	0	TotalNumberOfEmployees
Subtotal Amount Spent	15492899	SubtotalAmountSpent
Total Amount Spent	15492899	TotalAmountSpent

Grants To Orgs Outside US GrantsToOrgsOutsideUS (11 entries)

RegionRegion	Purpose Of GrantPurposeOfGrant	Amount Of Cash GrantAmountOfCashGrant	Manner Of Cash DisbursementMannerOfCashDisbursement
Sub-Saharan Africa	DIVERSITY	200714	WIRE
Sub-Saharan Africa	DIVERSITY	17094	WIRE
Sub-Saharan Africa	DIVERSITY	7698	WIRE
Sub-Saharan Africa	DIVERSITY	24982	WIRE
Sub-Saharan Africa	DIVERSITY	12375	WIRE
Sub-Saharan Africa	DIVERSITY	25191	WIRE
Sub-Saharan Africa	DIVERSITY	20094	WIRE
Sub-Saharan Africa	DIVERSITY	11901	WIRE
Sub-Saharan Africa	DIVERSITY	30886	WIRE
Sub-Saharan Africa	DIVERSITY	35807	WIRE
Sub-Saharan Africa	DIVERSITY	8291	WIRE

Field	Value	IRS element (for citing)
Total Number Of501c3 Orgs	11	TotalNumberOf501c3Orgs
Transfer To Foreign Corp	false	TransferToForeignCorp
Interest In Foreign Trust	false	InterestInForeignTrust
Own Foreign Corp	false	OwnForeignCorp
Passive Foreign Invest Co	false	PassiveForeignInvestCo
Foreign Partnership	false	ForeignPartnership
Boycott Countries	false	BoycottCountries

Form990 Schedule F Part V Form990ScheduleFPartV

Field	Value	IRS element (for citing)
Identifier	SCHEDULE F, PART I, LINE 3, COLUMN (F)	Identifier
Explanation	EXPENSES ARE REPORTED ACCORDING TO ACE'S BOOKS AND RECORDS.	Explanation

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	true	RecordsMaintained

Recipient Table RecipientTable (49 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EIN Of RecipientEINOfRecipient	IRC SectionIRCSection	Amount Of Cash GrantAmountOfCashGrant	Purpose Of GrantPurposeOfGrant	Address Line2AddressUS/AddressLine2
AMERICAN ASSOC OF COMMUNITY COLLEGES
ONE DUPONT CIRCLE NW	WASHINGTON	DC	20036	530196569	115	26979	INSTITUTION STRENGTHENING AND DEVELOPMENT
APPALACHIAN STATE UNIVERSITY
JOHN E THOMAS BLDG	BOONE	NC	28608	561176030	115	105777	INSTITUTION STRENGTHENING AND DEVELOPMENT
Bronx Community College
2155 University Avenue	Bronx	NY	10453	237327307	501(C)(3)	40309	INSTITUTION STRENGTHENING AND DEVELOPMENT
BROWN UNIVERSITY
PO BOX 1929	PROVIDENCE	RI	02912	050258809	501(c)(3)	421334	INSTITUTION STRENGTHENING AND DEVELOPMENT
CALIFORNIA STATE UNIVERSITY FULLERTON
2600 NUTWOOD AVE	FULLERTON	CA	92831	952081258	115	13650	INSTITUTION STRENGTHENING AND DEVELOPMENT
CENTRAL COMMUNITY COLLEGE
PO BOX 4903	GRAND ISLAND	NE	68802	470728813	115	33873	INSTITUTION STRENGTHENING AND DEVELOPMENT
DUQUESNE UNIVERSITY
427 RANGOS BLDG	PITTSBURGH	PA	15282	251035663	115	48037	INSTITUTION STRENGTHENING AND DEVELOPMENT
EASTERN IOWA COMMUNITY COLLEGE DISTRICT
306 W RIVER DRIVE	DAVENPORT	IA	52801	421430209	115	70474	INSTITUTION STRENGTHENING AND DEVELOPMENT
EASTERN MENNONITE UNIVERSITY
1200 PARK ROAD	HARRISONBURG	VA	22802	540575812	501(c)(3)	11380	INSTITUTION STRENGTHENING AND DEVELOPMENT
EMORY UNIVERSITY
1599 CLIFTON ROAD	ATLANTA	GA	303224250	580566256	501(c)(3)	103860	INSTITUTION STRENGTHENING AND DEVELOPMENT
FAIRFIELD UNIVERSITY
1073 N BENSON RD	FAIRFIELD	CT	06824	060646623	501(c)(3)	52644	INSTITUTION STRENGTHENING AND DEVELOPMENT
GATEWAY TECHNICAL COLLEGE
3520 30TH AVE	KENOSHA	WI	53144	391290708	501(c)(3)	130489	INSTITUTION STRENGTHENING AND DEVELOPMENT
Georgia State University Research FDTN
PO BOX 3999	ATLANTA	GA	303023999	581845423	501(c)(3)	225185	INSTITUTION STRENGTHENING AND DEVELOPMENT
HIGHLINE COMMUNITY COLLEGE
2400 SO 240TH	DES MOINES	WA	98198	237428279	115	124587	INSTITUTION STRENGTHENING AND DEVELOPMENT	4TH FLOOR
ILLINOIS INSTITUTE OF TECHNOLOGY
CONT OFC LOCKBOX 95152	CHICAGO	IL	60694	362170136	501(c)(3)	199735	INSTITUTION STRENGTHENING AND DEVELOPMENT
JOBS FOR THE FUTURE
2000 PA AVE NW	WASHINGTON	DC	20006	061164568	501(c)(3)	27606	INSTITUTION STRENGTHENING AND DEVELOPMENT	11200 SW 8TH ST MARC 470
MIDDLESEX COMMUNITY COLLEGE
33 KEARNEY SQUARE	LOWELL	MA	08152	042973384	115	30482	INSTITUTION STRENGTHENING AND DEVELOPMENT
NASSAU COMMUNITY COLLEGE
ONE EDUCATION DRIVE	GARDEN CITY	NY	11530	112533314	115	44330	INSTITUTION STRENGTHENING AND DEVELOPMENT
NORTH DAKOTA STATE UNIVERSITY
DEPT 3130	FARGO	ND	581086050	456002439	115	471191	INSTITUTION STRENGTHENING AND DEVELOPMENT
OHIO UNIVERSITY
280 HDL CENTER	ATHENS	OH	45701	316402113	501(c)(3)	43221	INSTITUTION STRENGTHENING AND DEVELOPMENT
RED ROCKS COMMUNITY COLLEGE
13300 W 6TH AVE	LAKEWOOD	CO	80228	841139105	115	79886	INSTITUTION STRENGTHENING AND DEVELOPMENT
RESEARCH FOUNDATION OF SUNY
PO BOX 9	ALBANY	NY	122010009	141368361	501(c)(3)	379684	INSTITUTION STRENGTHENING AND DEVELOPMENT
Rutgers The State University of New Jersey
65 Davidson Road	Piscataway	NJ	08854	226001086	115	126447	INSTITUTION STRENGTHENING AND DEVELOPMENT
SOUTH CAROLINA STATE UNIVERSITY
300 COLLEGE AVE NE	ORANGEBURG	SC	29117	576000950	115	62451	INSTITUTION STRENGTHENING AND DEVELOPMENT
SYRACUSE UNIVERSITY
OFC OF SPON ACCTG	SYRACUSE	NY	13244	150532081	501(c)(3)	383703	INSTITUTION STRENGTHENING AND DEVELOPMENT
Thunderbird School of Global Management
1 Global Place	Glendale	AZ	85306	860105586	501(c)(3)	22341	INSTITUTION STRENGTHENING AND DEVELOPMENT
Trustees of Columbia University of New York
622 West 113th Street	New York	NY	10025	135598093	501(c)(3)	16721	INSTITUTION STRENGTHENING AND DEVELOPMENT
TULANE UNIVERSITY
800 E COMMERCE RD	HARAHAN	LA	70123	720423889	501(c)(3)	118962	INSTITUTION STRENGTHENING AND DEVELOPMENT
TUSKEGEE UNIVERSITY
CARNEGIE HALL 4TH FL	TUSKEGEE	AL	36088	630288878	501(c)(3)	431608	INSTITUTION STRENGTHENING AND DEVELOPMENT
UNIVERSITY OF ARIZONA
PO BOX 3520	TUCSON	AZ	857223520	742652689	115	28265	INSTITUTION STRENGTHENING AND DEVELOPMENT
UNIVERSITY OF CALIFORNIA SAN DIEGO
9500 GILMAN DR	LA JOLLA	CA	92093	952872494	115	304039	INSTITUTION STRENGTHENING AND DEVELOPMENT
UNIVERSITY OF CINCINNATI
PO BOX 691031	CINCINNATI	OH	45269	310896555	115	289320	INSTITUTION STRENGTHENING AND DEVELOPMENT
UNIVERSITY OF COLORADO BOULDER
SPON PROJ ACCTG	BOULDER	CO	803090574	846000555	115	105758	INSTITUTION STRENGTHENING AND DEVELOPMENT
UNIVERSITY OF CONNECTICUT
438 WHITNEY RE EXT	STORRS	CT	062691133	060772160	115	530051	INSTITUTION STRENGTHENING AND DEVELOPMENT
UNIVERSITY OF FLORIDA
PO BOX 113001	GAINESVILLE	FL	32611	591867557	115	329616	INSTITUTION STRENGTHENING AND DEVELOPMENT	BOX 16
UNIVERSITY OF HAWAII
2530 DOLE STREET	HONOLULU	HI	96822	996000354	115	89375	INSTITUTION STRENGTHENING AND DEVELOPMENT
UNIVERSITY OF MASSACHUSETTS BOSTON
100 MORRISSEY BLVD	BOSTON	MA	02125	043167352	115	70488	INSTITUTION STRENGTHENING AND DEVELOPMENT
UNIVERSITY OF NEBRASKA - LINCOLN
312N 14TH ALEX WEST	LINCOLN	NE	68588	271324754	115	73918	INSTITUTION STRENGTHENING AND DEVELOPMENT
UNIVERSITY OF PITTSBURGH
3100 CATH OF LEARNING	PITTSBURGH	PA	15260	250965591	115	10902	INSTITUTION STRENGTHENING AND DEVELOPMENT
UNIVERSITY OF SAN DIEGO
5998 ALCALA PARK	SAN DIEGO	CA	92110	952544535	115	178938	INSTITUTION STRENGTHENING AND DEVELOPMENT
UNIVERSITY OF SOUTHERN MAINE
PO BOX 9300	PORTLAND	ME	04104	016000769	115	137349	INSTITUTION STRENGTHENING AND DEVELOPMENT
UNIVERSITY OF TEXAS AT EL PASO
OFC OF CONT GNT	EL PASO	TX	79968	746000813	115	388202	INSTITUTION STRENGTHENING AND DEVELOPMENT
University of Texas at San Antonio
1 UTSA Circle	San Antonio	TX	78249	741977996	115	215805	INSTITUTION STRENGTHENING AND DEVELOPMENT
UTAH STATE UNIVERSITY
400 OLD MAIN HILL	LOGAN	UT	843222400	876000528	115	38953	INSTITUTION STRENGTHENING AND DEVELOPMENT	SUITE 428
VIRGINIA POLYTECHNIC INST & STATE UNIV
1880 PRAATT DR	BLACKSBURG	VA	24060	546001805	501(c)(3)	790134	INSTITUTION STRENGTHENING AND DEVELOPMENT
WASHTENAW COMMUNITY COLLEGE
4800 E HURON RIVER DR	ANN ARBOR	MI	48105	382575395	115	82035	INSTITUTION STRENGTHENING AND DEVELOPMENT
WESTERN ILLINOIS UNIVERSITY
ONE UNIVERSITY CIR	MACOMB	IL	614551390	370910458	115	165941	INSTITUTION STRENGTHENING AND DEVELOPMENT
WILLIAM DAVIDSON INSTITUTE
724 E UNIV AVE	ANN ARBOR	MI	481091234	383048086	501(c)(3)	165219	INSTITUTION STRENGTHENING AND DEVELOPMENT	108 DATE BLDG 0631-C
Youth Build International
58 DAY STREET	SOMERVILLE	MA	02144	223076454	501(c)(3)	57158	INSTITUTION STRENGTHENING AND DEVELOPMENT

Field	Value	IRS element (for citing)
Total Nbr Of501 C3 And Govt Grants	49	TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations	0	TotalNbrOfOtherOrganizations

Form990 Schedule I Part IV Form990ScheduleIPartIV (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
MONITORING THE USE OF GRANT FUNDS	FORM 990, SCHEDULE I, PART I, LINE 2	THE AMERICAN COUNCIL ON EDUCATION (ACE) RECEIVES FEDERAL FUNDS THROUGH ITS OFFICE OF HIGHER EDUCATION FOR DEVELOPMENT (HED) AND THE OFFICE OF LEADERSHIP AND LIFELONG LEARNING (LLL). IN ACCORDANCE WITH FEDERAL GOVERNMENT ADMINISTRATIVE REQUIREMENTS, ACE PERFORMS SUBRECIPIENT MONITORING OF FUNDS IT RECEIVES FROM FEDERAL SOURCES IN ORDER TO ENSURE THAT THE FUNDS ARE BEING USED FOR THEIR INTENDED PURPOSE AND THAT THERE ARE NO OMB CIRCULAR A-133 AUDIT FINDINGS THAT MAY ADVERSELY AFFECT THE USE OF THE SUBRECIPIENT'S GRANT FUNDS. SUBRECIPIENT MONITORING EFFORTS ARE A JOINT EFFORT OF PROGRAM AND FINANCE STAFF STAFF. WHILE A NUMBER OF ACE'S SUBRECIPIENT MONITORING EFFORTS ARE COMMON TO EACH OF THE FEDERALLY-FUNDED OFFICES, THERE IS ALSO A SERIES OF SPECIFIC MONITORING EFFORTS DEDICATED SPECIFICALLY TO MANAGEMENT OF HED SUBRECIPIENTS AND LLL RECIPIENTS, WHICH ARE IMPLEMENTED ON A CASE-BY-CASE OR "AS NEEDED" BASIS, SUCH AS SPECIFIC TRAINING OR SPECIFIC TEMPLATES FOR SUBRECIPENTS. THE SPECIAL EFFORTS ARE DEVELOPED TO ACCOMMODATE THE DIFFERENT NATURE AND NEEDS OF THE PROGRAMS AND THEIR RESPECTIVE RECIPIENTS. 1. FUNDING MECHANISMS 1.1. HIGHER EDUCATION FOR DEVELOPMENT (HED) HED RECEIVES FUNDING FROM THE UNITED STATES AGENCY FOR INTERNATIONAL DEVELOPMENT (USAID) AND THE DEPARTMENT OF STATE (DOS) THROUGH COOPERATIVE AGREEMENTS. HED HAS A LEADER-WITH-ASSOCIATE (LWA) COOPERATIVE AGREEMENT WITH USAID, WHEREBY A LARGE PORTION OF THE FUNDS RECEIVED ARE REQUIRED TO BE SUBAWARDED TO PARTNERSHIPS BETWEEN AMERICAN AND FOREIGN HIGHER EDUCATION INSTITUTIONS. USAID MISSIONS AND OTHER FEDERAL AGENCIES CAN BUY INTO THE LWA TO ADD FUNDING FOR SPECIFIC ACTIVITIES IN TWO WAYS: 1) ADDING FUNDS DIRECTLY INTO THE LWA; OR 2) ADDING FUNDS TO AN ASSOCIATE. IN ADDITION TO THE LEADER-WITH-ASSOCIATE AWARD AND THE ASSOCIATE AWARDS FROM USAID, HED RECEIVED A COOPERATIVE AGREEMENT FROM THE DOS DURING THE SUMMER OF 2011. THE DOS AGREEMENT ALSO HAS THE REQUIREMENT TO PASS THE FUNDS TO PARTNERSHIPS BETWEEN AMERICAN AND FOREIGN INSTITUTIONS FOR HIGHER EDUCATION. THROUGH A COMPETITIVE AWARD PROCESS, THE FUNDS FROM USAID AND DOS ARE SUBAWARDED TO THE AMERICAN INSTITUTIONS FOR HIGHER EDUCATION, WHICH THEN PASS PART OF THE FUNDS TO THE FOREIGN INSTITUTIONS. THE FOREIGN INSTITUTIONS FOR HIGHER EDUCATION ARE THE SUB-SUBAWARDEES OF FUNDS FROM USAID AND DOS. 1.2. LEADERSHIP AND LIFELONG LEARNING (FORMERLY NAMED "PROGRAM AND SERVICES") ACE ALSO RECEIVES FUNDING FROM A COOPERATIVE AGREEMENT WITH USAID-SOUTH AFRICA MISSION. THE COOPERATIVE AGREEMENT WAS AWARDED TO ACE TO PROVIDE TECHNICAL ASSISTANCE AND SKILLS DEVELOPMENT TO FURTHER EDUCATION TRAINING COLLEGES (FETCS) IN SOUTH AFRICA. UNDER THIS COOPERATIVE AGREEMENT, ACE ESTABLISHED SUBAGREEMENTS WITH US-BASED NONPROFIT ORGANIZATIONS, SOUTH AFRICA-BASED HEALTHCARE ORGANIZATIONS, AND SOUTH AFRICA-BASED FETCS. 2. Grants & Contracts Unit Monitoring Efforts THE GRANTS & CONTRACTS UNIT OF ACE'S FINANCE AND BUDGET DEPARTMENT (G&C UNIT) CONDUCTS MONITORING EFFORTS THAT TAKE PLACE IN DIFFERENT STAGES AND WAYS DURING THE LIFE OF A SUBAWARD, FROM APPLICATION TO CLOSE-OUT. DURING THE LIFE OF AN AWARD, ACE/G&C UNIT USES A DATABASE TO TRACK ITS PARTNERS TO ENSURE A-133 REPORTS, QUARTERLY INVOICES AND FOREIGN TAX REPORTS ARE SUBMITTED IN A TIMELY MANNER. 2.1. Application phase DURING THE APPLICATION PHASE, ACE PRESENTS THE APPLICANTS WITH A BUDGET APPLICATION PACKAGE THAT COMPELS THE DISCLOSURE OF FINANCIAL INFORMATION AND EXISTING FINANCIAL SYSTEMS THAT WILL ENSURE PROPER MANAGEMENT OF FEDERAL FUNDS. THE PACKAGE CONSISTS OF FIVE DOCUMENTS: 1) A MICROSOFT EXCEL BUDGET FORM; 2) A SAMPLE OF THE BUDGET FORM POPULATED WITH A FICTIONAL BUDGET TO PROVIDE THE APPLICANTS WITH EXAMPLES OF HOW TO UTILIZE THE TEMPLATE; 3) A MICROSOFT WORD BUDGET NARRATIVE SAMPLE THAT GOES WITH THE BUDGET SAMPLE PROVIDED, SO APPLICANTS CAN VISUALIZE WHAT KIND OF INFORMATION THE BUDGET NARRATIVE SHOULD CONTAIN; 4) A MICROSOFT POWERPOINT PRESENTATION THAT LAYS OUT THE RULES FOR PROPER BUDGETING UNDER THE FEDERAL COST PRINCIPLES AND PROVIDES REFERENCES TO THE FEDERAL REGULATIONS; AND 5) A MICROSOFT WORD CHECKLIST TO BE COMPLETED ONCE THE BUDGET IS FINALIZED TO AID THE APPLICANT IN ENSURING THAT ALL REQUIREMENTS HAVE BEEN FULFILLED. WITH EACH APPLICATION PACKAGE, AN INSTITUTION IS REQUIRED TO SUBMIT A BUDGET, A BUDGET NARRATIVE, A COPY OF ITS NICRA LETTER, AND ANY OTHER POLICIES RELEVANT FOR THE BUDGET REVIEW, SUCH AS INSTITUTIONAL POLICIES FOR FRINGE BENEFITS AND EQUIPMENT. ADDITIONALLY, STARTING IN FY12, APPLICANTS WILL BE REQUIRED TO COMPLETE A PRE-AWARD SURVEY IN WHICH THEY ANSWER SPECIFIC QUESTIONS ABOUT THE CAPABILITIES OF THEIR FINANCIAL SYSTEMS. AS AN EXTRA EFFORT TO ENSURE THAT PARTNERS HAVE COMPREHENSIVE UNDERSTANDING OF THE COST PRINCIPLES AND FEDERAL REGULATIONS FROM THE APPLICATION PHASE, ACE'S G&C UNIT ALSO PROVIDES SUPPORT TO PARTNERS DURING THE APPLICATION PHASE. THIS SUPPORT CONSISTS OF PARTICIPATION IN WEBINARS THAT PROGRAM STAFF CONDUCT WITH APPLICANTS DURING THE APPLICATION PHASE, WHERE PARTNERS CAN ASK QUESTIONS AND ARE OFTEN PRESENTED WITH A TUTORIAL OF HOW TO USE THE BUDGET TEMPLATE PROVIDED. IN ADDITION, G&C STAFF ARE AVAILABLE FOR QUESTIONS DURING THE APPLICATION PHASE. 2.2. Post-award phase ONCE A PARTNER IS SELECTED, G&C UNIT AND PROGRAM STAFF JOINTLY MONITOR THE PROGRESS OF THE PARTNERSHIP THROUGH COLLECTION OF FINANCIAL REPORTS, COST SHARE REPORTS, PROGRAMMATIC NARRATIVE REPORTS, OMB CIRCULAR A-133 AUDIT REPORTS, TAX REPORTS, ANNUAL IMPLEMENTATION WORK PLANS AND BUDGETS, AND CONTINUOUS CONTACT WITH PARTNERS BY PHONE, E-MAIL, OR FACE-TO-FACE MEETINGS. FROM TIME TO TIME ACE ALSO INCORPORATES SITE VISITS AND TRAININGS AS PART OF ITS MONITORING EFFORTS. 2.2.1. Financial and Cost Share Reports ACE SUBAWARD AGREEMENTS REQUIRE THAT SUBAWARDEES SUBMIT QUARTERLY FINANCIAL REPORTS AND QUARTERLY COST SHARE REPORTS TO PROGRAM STAFF. A TEMPLATE FOR THESE REPORTS IS PROVIDED TO PARTNERS AS AN ATTACHMENT TO THE SUBAWARD AGREEMENTS. THE REPORTS TRACK TOTAL APPROVED BUDGET, TOTAL EXPENSES FOR THE PERIOD, AND TOTAL CUMULATIVE EXPENSES, BOTH FOR THE FEDERAL PORTION OF THE SUBAWARD AND COST SHARE. SUBAWARDEES ARE REQUIRED TO SUBMIT QUARTERLY FINANCIAL AND COST SHARE REPORTS TO ACE 30 DAYS AFTER THE END OF EACH QUARTER. THE ONLY EXCEPTION TO THIS REQUIREMENT IS THE FOURTH QUARTER REPORTS, WHICH ARE DUE TO ACE ON OCTOBER 15TH. THIS ALLOWS ACE THE TIME NEEDED TO PROPERLY PROCESS ALL PAYMENTS TO PARTNERS AND CLOSE ITS OWN FISCAL YEAR WITHIN THE DEADLINES ESTABLISHED BY ACE'S BOARD OF DIRECTORS. REPORTS OF A FINANCIAL NATURE GO THROUGH A SERIES OF INTERNAL REVIEWS PRIOR TO PAYMENT. THE PROGRAM SPECIALIST IN CHARGE OF MANAGING THE PARTNERSHIP CONDUCTS THE FIRST REVIEW, COMPARING EXPENDITURES ON AWARD AND COST SHARE AGAINST THE APPROVED BUDGETS AND BASED ON HIS/HER KNOWLEDGE OF THE ACTIVITIES CONDUCTED BY THE PARTNER DURING THE QUARTER BEING REVIEWED. THE PROGRAM SPECIALIST ALSO CHECKS THE REPORTS FOR MATHEMATICAL ERRORS, FOR IMPROPER CHARGES, AND FOR OTHER INCONSISTENCIES. ONCE THE PROGRAM SPECIALIST PROVIDES THE FIRST PROGRAM APPROVAL, HE/SHE SUBMITS THE REPORT TO HIS/HER SUPERVISOR FOR THE SECOND PROGRAM APPROVAL. WITH THE SECOND PROGRAM APPROVAL, THE REPORTS ARE SENT TO THE G&C UNIT. THE GRANTS SPECIALIST AT THE G&C UNIT ONCE AGAIN CHECKS EXPENSES AGAINST APPROVED BUDGETS AND PROVIDES A SECOND REVIEW OF MATHEMATICAL CHECKS AND COMPLIANCE ISSUES. WITH THE APPROVAL OF THE GRANTS SPECIALIST, THE REPORT IS THEN SUBMITTED TO THE DIRECTOR OF GRANTS & CONTRACTS, WHO PROVIDES THE FINAL REVIEW AND FINAL APPROVAL PRIOR TO PAYMENT. 2.2.2. Programmatic Reports ACE SUBAWARD AGREEMENTS REQUIRE THAT SUBAWARDEES SUBMIT SEMI-ANNUAL PROGRESS REPORTS TO PROGRAM STAFF. ONCE AGAIN, A TEMPLATE FOR THESE REPORTS IS PROVIDED TO PARTNERS AS AN ATTACHMENT TO THE SUBAWARD AGREEMENTS. THE NARRATIVE PROGRAMMATIC REPORTS ARE USED TO TRACK AND MONITOR THE PARTNERSHIP PROGRESS AND ACCOMPLISHMENTS AND ARE SUBMITTED DIRECTLY TO THE PROGRAM SPECIALIST WHO IS MANAGING THE PARTNERSHIP. MORE ABOUT THIS PARTICULAR MONITORING TOOL IS DESCRIBED BELOW IN THE SESSION "PROGRAM MONITORING EFFORTS". 2.2.3. Audit Reports AS DESCRIBED BELOW, ACE OBTAINS AUDIT REPORTS FROM ITS PARTNERS ANNUALLY. ANY PARTNER'S AUDIT FINDINGS THAT AFFECT OR MAY HAVE A DIRECT IMPACT ON ACE SUBAWARDS ARE FOLLOWED-UP DIRECTLY WITH THE PARTNER WITHIN SIX MONTHS AFTER THE RECEIPT OF THE SUBRECIPIENT'S AUDIT REPORT. ACE SENDS FOLLOW-UP LETTERS TO ALL ORGANIZATIONS THAT HAVE NOT SUBMITTED AN AUDIT REPORT BEFORE NOVEMBER 30 OF EACH YEAR.
MONITORING THE USE OF GRANTS FUNDS (CONT)	FORM 990, SCHEDULE I, PART I, LINE 2	DOMESTIC PARTNERS OMB CIRCULAR A-133 REQUIRES ANY NON-FEDERAL ORGANIZATION EXPENDING $500,000 IN FEDERAL AWARDS IN ANY GIVEN YEAR TO HAVE AN AUDIT CONDUCTED IN ACCORDANCE WITH STANDARDS ESTABLISHED BY THE OFFICE OF MANAGEMENT AND BUDGET (OMB). ACCORDINGLY, AN ORGANIZATION RECEIVING A SUBAWARD FROM ACE THAT MEETS THIS CRITERION IS REQUIRED TO CONDUCT AN AUDIT IN ACCORDANCE WITH OMB CIRCULAR A-133. SUBAWARDEES THAT DO NOT MEET THE CIRCULAR A-133 AUDIT REQUIREMENT ARE ASKED TO CONDUCT AN ANNUAL INDEPENDENT AUDIT. ACE USES A DATABASE TO TRACK ITS UNIVERSITY PARTNERS TO ENSURE A-133 REPORTS ARE SUBMITTED IN A TIMELY MANNER. ANNUALLY, ACE REQUESTS PARTNERSHIPS TO SUBMIT THE A-133 REPORTS OF THEIR INSTITUTIONS AND REVIEWS THE REPORTS RECEIVED FOR ANY INTERNAL CONTROL OR COMPLIANCE FINDINGS. AS PART OF THE REVIEW PROCESS, ACE CONSIDERS THE IMPACT OF ANY FINDINGS ON ITS OWN FINANCIAL RECORDS. TO ENSURE THAT THE AUDIT REPORTS ARE SUBMITTED TO ACE TIMELY THE G&C UNIT SENDS A LETTER TO ALL ITS DOMESTIC SUBAWARDEES AROUND JULY OR AUGUST OF EVERY YEAR. THIS LETTER REQUESTS THAT THE ORGANIZATION CERTIFIES WHETHER IT IS SUBJECT TO CIRCULAR A-133 AUDIT OR NOT, AND, IF APPLICABLE, TO PROVIDE ACE WITH A COPY OF THEIR CURRENT AUDIT REPORT. A SAMPLE OF THE LETTER SENT OUT TO THE AMERICAN UNIVERSITY PARTNERS IS ON EACH PARTNERSHIP AGREEMENT FILE OR IT IS KEPT ELECTRONICALLY. THE AUDIT REPORTS FOR THE PRIOR FISCAL YEAR ARE TO BE SUBMITTED TO ACE'S SENIOR CONTRACT ACCOUNTANT, WHO REVIEWS THE REPORTS AND ENTERS THEM INTO THE G&C DATABASE SYSTEM, WITH THE DATE OF RECEIPT. 2.2.4. Annual Implementation Work Plans and Budgets THE LWA AND THE ASSOCIATE AWARDS REQUIRE HED TO SUBMIT ANNUAL WORK PLANS AND BUDGETS FOR THE FOLLOWING FISCAL YEAR. BY APRIL 30TH OF EVERY YEAR, PARTNERS PRESENT TO HED THEIR WORK PLANS AND BUDGETS FOR THE FOLLOWING FISCAL YEAR THAT STARTS OCTOBER 1ST. SOME AWARDS HAVE DIFFERENT DEADLINES SO HED INCORPORATES THE DIFFERENT DEADLINES IN ITS SUBAWARDS AS WELL. HED THEN SUBMITS ITS OWN IMPLEMENTATION PLANS TO USAID ON JULY 1ST. THE PARTNERS ARE PROVIDED WITH A TEMPLATE IN WHICH THEY LAY OUT, BY QUARTER, THEIR ACTIVITIES AND TARGETS FOR THE FOLLOWING FISCAL YEAR. THE WORK PLAN IS THEN ACCOMPANIED BY A BUDGET FOR THE SAME PERIOD, ALSO DIVIDED BY QUARTERS. THE PROGRAM SPECIALISTS REVIEW THE WORK PLANS AND BUDGETS TO ENSURE THAT THE ACTIVITIES AND EXPENSES PROPOSED ARE THE ONES APPROVED IN THE SUBAWARD AGREEMENT. THE TARGETS ESTABLISHED IN THE ANNUAL WORK PLANS THEN SERVE AS A GUIDELINE FOR PROGRAM SPECIALISTS TO MONITOR PROGRESS AND ACCOMPLISHMENTS REPORTED BOTH IN THE QUARTERLY FINANCIAL REPORTS AND ON THE SEMI-ANNUAL PROGRESS REPORTS. 2.2.5. Site Visits ACE SYSTEMATICALLY BUDGETS FUNDS FOR PARTNERSHIP SITE VISITS THAT ARE PLANNED AS PART OF ITS SUBRECIPIENT MONITORING EFFORTS. THE PARTNERS TO BE VISITED ARE SELECTED BASED ON A RISK ASSESSMENT THAT IS IDENTIFIED BY STAFF DURING THE ONGOING MONITORING OF THE PARTNERSHIP ACTIVITIES. ONCE A NEED FOR A SITE VISIT IS IDENTIFIED, ACE PUTS TOGETHER A TEAM THAT WILL VISIT THE PARTNERS. THE TEAM NORMALLY CONSISTS OF TWO TO THREE MEMBERS OF THE G&C UNIT, PLUS THE PROGRAM SPECIALIST IN CHARGE OF THE PARTNERSHIP. IN SOME CASES, A MEMBER OF THE ACE LEGAL COUNSEL TEAM ALSO ATTENDS THE VISITS. DURING THE SITE VISITS, THE GRANTS AND CONTRACTS UNIT STAFF REVIEW FINANCIAL RECORDS (I.E. QUARTERLY FINANCIAL AND COST SHARE REPORTS) AND OBTAIN SUPPORTING DOCUMENTATION TO SUBSTANTIATE THE AMOUNTS REPORTED TO ACE. THE PROGRAM SPECIALIST REVIEWS DOCUMENTATION OF A PROGRAMMATIC NATURE AND INTERVIEWS THE PRINCIPAL INVESTIGATOR TO FURTHER ASSESS THE PROGRESS AND THE STATUS OF THE PARTNERSHIP. THE LEGAL COUNSEL MEMBER REVIEWS INSTITUTIONAL POLICIES AND INVESTIGATES OVERALL COMPLIANCE WITH FEDERAL REGULATIONS DURING THE LIFE OF THE PARTNERSHIP. WHEN A STAFF FROM THE LEGAL COUNSEL CANNOT ATTEND THESE VISITS, A MEMBER OF THE G&C UNIT TAKES UP THE ROLE OF INVESTIGATING COMPLIANCE AND REVIEW OF INSTITUTIONAL POLICIES RELATED TO THE SUBAWARD. 2.2.6. Training AS SPECIFIC NEEDS OF HED OR LLL ARE IDENTIFIED, THE G&C UNIT PROVIDES TRAINING FOR BOTH ACE PROGRAM STAFF AND PARTNERS. FOR INSTANCE, IN FY11, THE G&C UNIT PROVIDED THREE TRAINING SESSIONS FOR ITS PARTNERS AND TWO TRAINING SESSIONS FOR ACE STAFF. FOR PARTNERS, THE TRAINING FOCUSED IN MANAGEMENT OF FEDERAL FUNDS AND COMPLIANCE REQUIREMENTS. THE TRAINING WAS TAILORED SPECIFICALLY TO THE AUDIENCE ATTENDING EACH SESSION: ONE TRAINING SESSION WAS CONDUCTED IN FEBRUARY 2011 AND WAS EXCLUSIVELY DEDICATED TO THE PARTNERS WORKING UNDER THE HED AFRICA INITIATIVE. HED'S PARTNERS TRAVELED TO ACE'S OFFICES AND ATTENDED A TWO-DAY SEMINAR THAT INCLUDED AN OVERVIEW OF THE REQUIREMENTS FOR FINANCIAL AND PROGRAMMATIC COMPLIANCE. THE SUCCESS OF THE TRAINING FOR THE HED AFRICA INITIATIVE PARTNERS LED TO ANOTHER TRAINING, THIS TIME IN APRIL IN NEW ORLEANS, FOR THE PARTNERS PARTICIPATING OF THE HED BMENA INITIATIVE. ONCE AGAIN, AN OVERVIEW OF THE FINANCIAL AND PROGRAMMATIC ELEMENTS REQUIRED TO ENSURE COMPLIANCE WAS PROVIDED, FOLLOWED BY A QUESTION-AND-ANSWERS SESSION. FINALLY, IN JULY, THE DIRECTOR OF GRANTS AND CONTRACTS AND THE PROGRAM MANAGER FOR THE LLL TOOK A ONE-WEEK TRIP TO SOUTH AFRICA TO PROVIDE THE SAME KIND OF FINANCIAL AND PROGRAMMATIC TRAINING, THIS TIME TO THE FTE COLLEGES. FOUR SITES WERE VISITED DURING THE COURSE OF A WEEK, WITH ABOUT 30 PEOPLE TRAINED ON FINANCIAL AND PROGRAMMATIC COMPLIANCE. TO THESE PARTNERS, WHO ARE LESS EXPERIENCED WITH MANAGEMENT OF FEDERAL FUNDS, THE G&C UNIT ALSO PROVIDED A SPECIAL FINANCIAL REPORTING TOOL TO EACH ORGANIZATION TO FACILITATE THEIR REPORTING OF EXPENSES. 2.3. Closeout Phase WHEN PERFORMANCE PERIOD OF EACH PARTNERSHIP ENDS, PROGRAM STAFF AND THE G&C UNIT STAFF REVIEW THE FINAL REPORT AND SUBMIT FINAL VOUCHERS FROM THE PARTNER FOR FINAL PAYMENT, OBSERVING THE SAME PROCEDURES FOR PAYMENT FROM THE POST-AWARD PHASE. SPECIFIC PROCEDURES ARE REQUIRED FROM THE PARTNERS FOR CLOSEOUT ON A CASE-BY-CASE BASIS, SUCH AS OBSERVANCE OF PROPER DISPOSAL OF EQUIPMENT AND SUPPLIES, CONTRACTOR RELEASE FORMS, ETC. COPIES OF FINAL REPORTS ARE SUBMITTED TO AWARDING AGENCY. 3. Program Specialists Monitoring Efforts PROGRAM SPECIALISTS AT THE PROGRAM OFFICES ARE ALSO RESPONSIBLE FOR MONITORING RESULTS FOR THEIR SPECIFICALLY ASSIGNED SUB-AWARD AGREEMENTS. A PROGRAM MANAGEMENT MANUAL ADDRESSED TO PROGRAM SPECIALISTS THAT INCLUDES PARTNERSHIP-MONITORING PROCEDURES IS AVAILABLE. EACH COOPERATIVE AGREEMENT AND ASSOCIATE COOPERATIVE AGREEMENT DOCUMENT DESCRIBES THE SPECIFIC MONITORING AND REPORTING REQUIREMENTS. PARTNERSHIPS ARE MONITORED PRIMARILY BY THEIR PERFORMANCE OBJECTIVES AND EACH OBJECTIVE INCLUDES TWO PARTS: AN ACTIVITY AND ITS EXPECTED OUTCOME. 3.1. HED Program Specialists Monitoring Efforts HED COMPILES MONTHLY PROGRAM MONITORING REPORTS FOR PARTNERSHIPS, EACH WITH FORMAT AND SCHEDULE DETERMINED IN CONSULTATION WITH THE AOTR (AGREEMENT OFFICER TECHNICAL REPRESENTATIVE) AND IN COMPLIANCE WITH THE PROVISION OF THE LEADER OR ASSOCIATE COOPERATIVE AGREEMENT. REPORTING TEMPLATES ARE SENT TO PARTNERSHIP DIRECTORS AND, ONCE POPULATED, ARE REVIEWED BY HED'S DIRECTOR OF QUALITY AND IMPACT TO INSURE THAT DATA GATHERED EVERY SIX MONTHS FROM HED PARTNERSHIPS RESPONDS TO USAID'S INDICATORS FOR HIGHER EDUCATION. HED STAFF MONITORS COMPLIANCE TO ENSURE THAT PERFORMANCE OBJECTIVES SPECIFIED IN EACH PARTNERSHIP AWARD ARE ATTAINED. MONITORING TAKES THE FORM OF: - REVIEW OF REPORTS AND FOLLOW-UP WITH PARTNERSHIPS BY PHONE OR E-MAIL - ANNUAL PORTFOLIO REVIEWS FOR EACH PROGRAM SPECIALIST - SITE VISITS TO SELECTED PARTNERSHIPS FOR INTENSIVE MONITORING - PERIODIC IMPACT ASSESSMENTS, INCLUDING FIELD VISITS TO IN-COUNTRY PARTNERS FOR PROGRESS EVALUATION. REPORTS FOR THE RESULTS OF MONITORING ACTIVITIES ARE INCLUDED IN THE SEMI-ANNUAL REPORTS THAT ACE DELIVERS TO USAID. SEPARATE REPORTS ARE PREPARED TO DESCRIBE THE IMPACT ASSESSMENT STUDIES. THE PROGRAM SPECIALISTS ALSO MONITOR SUBMISSION OF THE QUARTERLY FINANCIAL EXPENDITURE REPORTS AND QUARTERLY COST SHARE REPORTS. THESE EXPENDITURE REPORTS ARE COMPARED AGAINST THE APPROVED BUDGET IN THE SUB-AGREEMENT OR THE LATEST MODIFICATION TO THE SUB-AWARD. ANY AMOUNTS OVER THE BUDGETED CATEGORIES ARE DISALLOWED UNLESS A BUDGET RE-ALLOCATION IS REQUESTED. SIMILARLY, ANY FUNDS NOT SPENT WITHIN THE BUDGETED PERIOD WILL BE DISALLOWED, UNLESS A NO COST EXTENSION IS REQUESTED AND GRANTED.
MONITORING THE USE OF GRANT FUNDS (CONT.2)	FORM 990, SCHEDULE I, PART I, LINE 2	3.2. LLL Program Monitoring Efforts THE LLL PROGRAM DESIGNATED AN INTERNATIONAL PROGRAM MANAGER AS THE PERSON RESPONSIBLE FOR MONITORING EFFORTS FOR SUBAWARD AGREEMENTS UNDER THE LLL PROGRAM. THE INTERNATIONAL PROGRAM MANAGER ASSISTS WITH OVERALL MANAGERIAL SUPPORT UNDER THE USAID COOPERATIVE AGREEMENT FOR ALL U.S. IMPLEMENTING PARTNERS, ENSURING THAT FUNDS ARE ADMINISTERED IN ACCORDANCE WITH THE TERMS AND CONDITIONS IN THE AWARD, AND THAT AUDIT REQUIREMENTS FOR RECIPIENTS AND SUB-RECIPIENTS OF FEDERAL AWARDS ARE MET. EACH SUBAWARD AGREEMENT DOCUMENT DESCRIBES THE SPECIFIC MONITORING AND REPORTING REQUIREMENTS FOR EACH PARTNER. THE INTERNATIONAL PROGRAM MANAGER MONITORS COMPLIANCE TO ENSURE THAT PERFORMANCE OBJECTIVES SPECIFIED IN EACH SUB-COOPERATIVE AGREEMENT ARE ATTAINED. MONITORING TAKES THE FORM OF: " REVIEW OF REPORTS AND FOLLOW-UP WITH THE PARTNERS BY PHONE OR E-MAIL. " PROVIDES REPORTS ON THE RESULTS OF MONITORING ACTIVITIES, WHICH ARE INCLUDED IN THE SEMI-ANNUAL REPORTS TO USAID. " SPECIFIC TRAINING OR GUIDANCE FOR PARTNERS, AS NEEDED AND APPROPRIATE, SUCH AS THE TRAINING CONDUCTED FOR THE FET COLLEGES IN SOUTH AFRICA. THE INTERNATIONAL PROGRAM MANAGER OF THE LLL ALSO MONITORS SUBMISSION OF QUARTERLY FINANCIAL EXPENDITURE REPORTS AND QUARTERLY COST SHARE REPORTS. THESE EXPENDITURE REPORTS ARE COMPARED AGAINST THE APPROVED BUDGET IN THE SUB-AGREEMENT OR THE LATEST MODIFICATION TO THE SUB-AWARD. ANY AMOUNTS OVER THE BUDGETED CATEGORIES ARE DISALLOWED UNLESS A BUDGET RE-ALLOCATION IS REQUESTED. LIKEWISE, ANY FUNDS NOT SPENT WITHIN THE BUDGETED PERIOD WILL BE DISALLOWED, UNLESS A NO COST EXTENSION IS REQUESTED AND GRANTED.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Housing Allowance Or Residence	X	HousingAllowanceOrResidence
Club Dues Or Fees	X	ClubDuesOrFees
Written Policy Re T And E Expenses	true	WrittenPolicyReTAndEExpenses
Substantiation Required	true	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Independent Consultant	X	IndependentConsultant
Written Employment Contract	X	WrittenEmploymentContract
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	true	SeverancePayment
Supplemental Nonqual Retire Plan	true	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	false	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	false	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	false	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	false	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	false	AnyNonFixedPayments
Initial Contract Exception	false	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (15 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
BROAD MARGARET C
435332	0	46350	0	37905	0	69400	0	221211	0	810198	0	0	0
HARTLE TERRY
295942	0	0	0	20027	0	59400	0	76054	0	451423	0	0	0
PIPPINS SHIRLEY
168096	0	0	0	53634	0	23191	0	50836	0	295757	0	0	0
TOMITZ JEFFREY A
188089	0	0	0	38672	0	26701	0	49025	0	302487	0	0	0
BABBY ELLEN
198562	0	0	0	38062	0	27917	0	51003	0	315544	0	0	0
FREEMAN KARA
205737	0	0	0	10911	0	26051	0	46334	0	289033	0	0	0
MELOY ADA
220088	0	0	0	37131	0	28833	0	56974	0	343026	0	0	0
VAN UMMERSEN CLAIRE
168688	0	0	0	40445	0	22262	0	47259	0	278654	0	0	0
TIMMONS BECKY
200396	0	0	0	5566	0	24624	0	43953	0	274539	0	0	0
MCDONOUGH TIMOTHY
240963	0	0	0	19762	0	29400	0	57680	0	347805	0	0	0
KING JACQUELINE
96890	0	0	0	40529	0	15714	0	30182	0	183315	0	0	0
BATAILLE GRETCHEN
151666	0	0	0	7139	0	0	0	52982	0	211787	0	0	0
CORNICK TULLY
127503	0	0	0	39052	0	21472	0	34006	0	222033	0	0	0
CORDOVA DIANA
133838	0	0	0	17436	0	17015	0	33228	0	201517	0	0	0
MORRIS STEPHANIE
135751	0	0	0	16571	0	18398	0	32484	0	203204	0	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
SEVERANCE PAYMENT	SCHEDULE J, PART I, LINE 4A	THE BELOW INDIVIDUALS RECEIVED A SEVERANCE PAYMENT FROM THE FILING ORGANIZATION WHICH IS REPORTED IN SCHEDULE J, COLUMN BIII: MADELEINE GREEN, $119,083
RETIREMENT PLAN	SCHEDULE J, PART I, LINE 4B	THE FOLLOWING EMPLOYEES PARTICIPATED IN A IRC SECTION 457(F) PLAN. THE AMOUNT PAID DURING THE YEAR WAS AS FOLLOWS: SHIRLEY PIPPINS, $19,280 THE FOLLOWING EMPLOYEES PARTICIPATED IN A IRC SECTION 457(F) PLAN. THE AMOUNT OF DEFERRAL DURING THE YEAR WAS AS FOLLOWS: MARGARET BROAD, $40,000 TERRY HARTLE, $30,000
PRESIDENTIAL HOUSING	SCHEDULE J, PART I, LINE 1A	THE PRESIDENT IS PROVIDED HOUSING WHICH IS TREATED FOR TAX PURPOSES AS A NON-TAXABLE BENEFIT.
HEALTH OR SOCIAL CLUB DUES	SCHEDULE J, PART I, LINE 1A	ACE PAID SOCIAL CLUB DUES IN THE AMOUNT OF $2,380 TO THE COSMOS CLUB ON BEHALF OF MARGARET C. BROAD, THE PRESIDENT OF ACE AND IT IS CONSIDERED A WORKING CONDITION FRINGE.

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV

Name Of Interested Person NameOfInterestedPerson

Field	Value	IRS element (for citing)
Name Person	AMHIC	NamePerson

Field	Value	IRS element (for citing)
Relationship	SEE PART V FOR DETAIL	Relationship
Amount Of Transaction	2100638	AmountOfTransaction
Description Of Transaction	INSURANCE PREMIUMS	DescriptionOfTransaction
Sharing Of Revenues	false	SharingOfRevenues

Form990 Schedule L Part V Form990ScheduleLPartV

Field	Value	IRS element (for citing)
Identifier	SCHEDULE L, PART IV, LINE 1(b)	Identifier
Return Reference	RELATIONSHIP BETWEEN INTERESTED PERSON AND THE ORGANIZATION	ReturnReference
Explanation	SONYA WILLIAMS, ASSISTANT VICE PRESIDENT OF HUMAN RESOURCES AT AMERICAN COUNCIL ON EDUCATION WAS ON THE BOARD OF AMHIC. ACE PAID $2,100,638.10 IN INSURANCE PREMIUMS TO AMHIC IN THE FISCAL YEAR.	Explanation

Schedule M IRS990ScheduleM

Field	Value	IRS element (for citing)
Works Of Art		WorksOfArt
Art Historical Treasures		ArtHistoricalTreasures
Art Fractional Interest		ArtFractionalInterest
Books And Publications		BooksAndPublications
Clothing And Household Goods		ClothingAndHouseholdGoods
Cars And Other Vehicles		CarsAndOtherVehicles
Boats And Planes		BoatsAndPlanes

Intellectual Property IntellectualProperty

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Noncash Contribs Rptd F990	2750000	NoncashContribsRptdF990
Method Of Determining Revenues	COST	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Securities Publicly Traded		SecuritiesPubliclyTraded
Securities Closely Held Stock		SecuritiesCloselyHeldStock
Securities Prtnrshp Trust Intrsts		SecuritiesPrtnrshpTrustIntrsts
Securities Miscellaneous		SecuritiesMiscellaneous
Qualified Contrib Hist Struct		QualifiedContribHistStruct
Qualified Contrib Other		QualifiedContribOther
Real Estate Residential		RealEstateResidential
Real Estate Commercial		RealEstateCommercial
Real Estate Other		RealEstateOther
Collectibles		Collectibles
Food Inventory		FoodInventory
Drugs And Medical Supplies		DrugsAndMedicalSupplies
Taxidermy		Taxidermy
Historical Artifacts		HistoricalArtifacts
Scientific Specimens		ScientificSpecimens
Archaeological Artifacts		ArchaeologicalArtifacts
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	false	ReviewProcessUnusualNCGifts
Third Parties Used	false	ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
OTHER PROGRAM SERVICES	FORM 990, PART III, LINE 4D	BUILDING OPERATIONS AND OTHER ANCILLARY SERVICES - ACE OWNS AND OPERATES THE NATIONAL CENTER FOR HIGHER EDUCATION LOCATED AT ONE DUPONT CIRCLE NW, WASHINGTON, DC. THROUGH ITS FACILITIES AND OFFICE SERVICES DEPARTMENT (FOS), ACE HOUSES SIXTEEN MEMBER ORGANIZATIONS AND THREE COMMERCIAL TENANTS, AND MANAGES ACCESS AND SECURITY OF THE BUILDING, PARKING GARAGE MAINTENANCE AND UP KEEP, CONFERENCE ROOM COORDINATION, AND OTHER DAY-TO-DAY OPERATIONS AND MAINTENANCE OF THE FACILITY. ACE'S PROCUREMENT AND DOCUMENT SOLUTIONS CENTER (PDSC) PROVIDES SERVICES TO ACE AND MORE THAN TWENTY EXTERNAL ORGANIZATIONS LOCATED AT OR NEAR THE NCHE BUILDING. THESE SERVICES INCLUDE PRINTING, MAILING, DUPLICATING, DOCUMENT IMAGING, PROCUREMENT, TELECOMMUNICATIONS, PUBLICATION STORAGE AND FULFILLMENT, AND SHIPPING. POLICY ANALYSIS AND RESEARCH - CONDUCTS RESEARCH AND CONVENES RESEARCHERS AND POLICY MAKERS TO STUDY ISSUES OF INTEREST TO THE HIGHER EDUCATION COMMUNITY. CURRENT ACTIVITIES OF THE CENTER FOCUS ON STUDENT FINANCIAL AID, DEMOGRAPHIC TRENDS IN HIGHER EDUCATION, ACADEMIC PREPARATION FOR COLLEGE, AND THE COLLEGE PRESIDENCY, AMONG OTHER TOPICS.
MEMBERS	FORM 990, PART VI, SECTION A, LINE 6 AND LINE 7A	THE COUNCIL SHALL HAVE FOUR CLASSES OF VOTING MEMBERS (NATIONAL ASSOCIATION MEMBERS, INSTITUTIONAL MEMBERS, ORGANIZATIONAL MEMBERS, AND AFFILIATE MEMBERS). ACE MAINTAINS A MEMBERSHIP OF 1,800 INSTITUTIONS AND MEMBERSHIP IS A PREREQUISITE TO SERVING ON ACE'S BOARD. AT ITS ANNUAL MEETING, THE GENERAL MEMBERSHIP OF ACE VOTES ON A SLATE OF NOMINEES TO THE BOARD OF DIRECTORS.
990 REVIEW PROCESS	FORM 990, PART VI, SECTION B, LINE 11	A DRAFT VERSION OF INTERNAL REVENUE SERVICE (IRS) FORMS 990 AND 990-T ARE INITIALLY CIRCULATED AMONG ACE'S ENTIRE BOARD PRIOR TO THE MEETING OF THE BOARD OF DIRECTORS. THE PURPOSE OF MAKING THE FORMS AVAILABLE TO THE ENTIRE BOARD MEMBERSHIP IS TO SOLICIT QUESTIONS AND/OR SUGGESTIONS FOR IMPROVEMENTS TO THE DRAFT. ACE'S CHIEF FINANCIAL OFFICER (CFO) COMPILES ALL COMMENTS RECEIVED FROM THE BOARD AND RESOLVES THOSE MATTERS PRIOR TO THE BOARD MEETING. ACE'S AUDIT COMMITTEE OF THE BOARD OF DIRECTORS IS CHARGED WITH COMPLIANCE OVERSIGHT, INCLUDING THE ACCURATE AND TIMELY FILING OF FORMS 990 AND 990-T. THE AUDIT COMMITTEE ALSO PERIODICALLY RECEIVES UPDATES CONCERNING CHANGES TO THE FORMS PROMULGATED BY THE IRS. PRIOR TO FILING THE FORMS, THE COMMITTEE RECEIVES A REPORT FROM THE CFO DESCRIBING ANY QUESTIONS OR COMMENTS THAT HAVE BEEN CLEARED PRIOR TO THE BOARD MEETING. BARRING ANY ADDITIONAL QUESTIONS OR CONCERNS ARISING DURING THE COMMITTEE'S MEETING, APPROVAL TO FILE THE INFORMATION RETURNS IS VOTED UPON BY THE COMMITTEE'S MEMBERS.
CONFLICT OF INTEREST	FORM 990, PART VI, SECTION B, LINE 12C	ALL RESPONSES TO CONFLICT OF INTEREST QUESTIONNAIRES ARE RECEIVED BY GENERAL COUNSEL. ANY QUESTIONS ARE ADDRESSED AND RESOLVED. ANY OUTSIDE BUSINESS RELATIONSHIPS WITH BUSINESSES DOING BUSINESS WITH ACE ARE DISCLOSED TO BOARD AUDIT COMMITTEE. IN THE EVENT ANY CONFLICT IS IDENTIFIED, THE AUDIT COMMITTEE MAY APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE TRANSACTION. THE AUDIT COMMITTEE SHALL DETERMINE WHETHER ACE CAN FIND A MORE ADVANTAGEOUS TRANSACTION ACTION THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF THE AUDIT COMMITTEE BY MAJORITY VOTE OF DISINTERESTED MEMBERS DETERMINES A MORE ADVANTAGEOUS TRANSACTION NOT PRESENTING A CONFLICT OF INTEREST IS NOT REASONABLY POSSIBLE AND THAT THE TRANSACTION IS IN ACE'S BEST INTERESTS AND IS FAIR AND REASONABLE, THE AUDIT COMMITTEE MAY DETERMINE TO ENTER OR CONTINUE THE TRANSACTION OR ARRANGEMENT. THE INDIVIDUAL WOULD BE PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION.
COMPENSATION REVIEW FOR TOP MANAGEMENT OFFICIAL	FORM 990, PART VI, SECTION B, LINE 15A	BEGINNING IN THE SPRING, ACE'S COMPENSATION COMMITTEE, THROUGH THE ASSISTANT VICE PRESIDENT OF HUMAN RESOURCES, WILL OBTAIN COMPARABILITY DATA TO SUPPORT SALARY ADJUSTMENTS THAT WILL BECOME EFFECTIVE FOR THE FISCAL YEAR BEGINNING OCTOBER 1. AS HAS BEEN PAST PRACTICE, ASSISTANT VICE PRESIDENT FOR HUMAN RESOURCES OBTAINS A COMPENSATION REPORT FROM AN INDEPENDENT COMPENSATION CONSULTANT, PROVIDING COMPARABILITY DATA FOR THE PRESIDENT BASED ON THE DATA AVAILABLE FOR SIMILAR POSITIONS IN THE WASHINGTON, DC AREA. THIS DATA IS EXPECTED TO BE COLLECTED EVERY 2 YEARS. THE COMPENSATION COMMITTEE MEETS IN EXECUTIVE SESSION EACH SEPTEMBER. THE BOARD CHAIR RECOMMENDS THE SALARY FOR THE PRESIDENT. THE MATTER WILL BE OPEN FOR DISCUSSION AND VOTE BY THE COMMITTEE, WITH ANY MEMBER OF THE COMMITTEE WITH A CONFLICT OF INTEREST BEING RECUSED FROM THE DISCUSSION AND VOTE ON THE MATTER ON WHICH THE MEMBER HAS A CONFLICT. MINUTES SHOWING DELIBERATION AND DECISION WILL BE TAKEN AT THE MEETING BY THE GENERAL COUNSEL. MINUTES WILL BE PREPARED PROMPTLY AND SHARED WITH THE BOARD SECRETARY FOR REVIEW. AFTER THE BOARD SECRETARY HAS APPROVED THE MINUTES, BUT NO LATER THAN THE NEXT MEETING OF THE EXECUTIVE COMMITTEE (WHETHER SITTING AS THE COMPENSATION COMMITTEE OR THE EXECUTIVE COMMITTEE), THE MINUTES WILL BE SHARED WITH THE COMMITTEE FOR APPROVAL. AFTER THE MINUTES HAVE BEEN APPROVED, THE BOARD SECRETARY SHALL SIGN THE MINUTES, AND THEY WILL BE MAINTAINED BY THE DEPARTMENT OF HUMAN RESOURCES IN THE OFFICIAL FILES OF THE COMPENSATION COMMITTEE.
COMPENSATION REVIEW FOR OTHER OFFICERS AND KEY EMPLOYEES	FORM 990, PART VI, SECTION B, LINE 15B	BEGINNING IN THE SPRING, ACE'S COMPENSATION COMMITTEE, THROUGH THE ASSISTANT VICE PRESIDENT OF HUMAN RESOURCES, WILL OBTAIN COMPARABILITY DATA TO SUPPORT SALARY ADJUSTMENTS THAT WILL BECOME EFFECTIVE FOR THE FISCAL YEAR BEGINNING OCTOBER 1. AS HAS BEEN PAST PRACTICE, THE ASSISTANT VICE PRESIDENT OBTAINS A COMPENSATION REPORT FROM AN INDEPENDENT COMPENSATION CONSULTANT, PROVIDING COMPARABILITY DATA FOR OTHER OFFICERS AND KEY EMPLOYEES IN SIMILAR POSITIONS IN THE WASHINGTON, DC AREA. THIS DATA IS EXPECTED TO BE COLLECTED EVERY 2 YEARS (OR AS NEEDED). . ACE'S COMPENSATION PRACTICE IS BASED ON COMPENSATING EMPLOYEES AT SALARIES SUFFICIENT TO ENCOURAGE OPTIMAL PERFORMANCE, MAINTAINING MARKET COMPETITIVENESS NECESSARY TO RECRUIT, RETAIN AND DEVELOP A HIGH PERFORMING WORKFORCE, AND SETTING SALARIES THAT ARE WITHIN SALARY RANGE GUIDELINES BASED ON THE MARKET. IN ADDITION, ACE HAS AN EXECUTIVE INCENTIVE COMPENSATION PLAN FOR EXECUTIVE STAFF THAT ALLOWS FOR INCENTIVE PAYMENTS OF UP TO 8 OR 10 PERCENT AT THE END OF THE FISCAL YEAR. PERFORMANCE FACTORS USED AS CRITERIA TO DETERMINE PAYOUT OF THE INCENTIVE PROGRAM ARE ACE ACHIEVING ITS OVERARCHING STRATEGIC PRIORITIES, THE EXECUTIVE ACHIEVING DEPARTMENTAL PERFORMANCE OBJECTIVES AND THE EXECUTIVE ACHIEVING INDIVIDUAL GOALS FOR THE FISCAL YEAR. IMPLEMENTED EFFECTIVE FOR FISCAL YEAR ENDING SEPTEMBER 30, 2012. FIRST EXECUTIVE INCENTIVE PAYMENTS MADE IN CALENDAR YEAR 2012. OTHER OFFICERS - SENIOR VICE PRESIDENT, DIVISION OF GOVERNMENT AND PUBLIC AFFAIRS SENIOR VICE PRESIDENT, PROGRAMS AND SERVICES CHIEF FINANCIAL OFFICER, TREASURER KEY EMPLOYEES - VICE PRESIDENT, ADVANCEMENT ASSISTANT VICE PRESIDENT, HUMAN RESOURCES VICE PRESIDENT, ADMINISTRATION, AND CHIEF INFORMATION OFFICER GENERAL COUNSEL ASSISTANT VICE PRESIDENT, LIFELONG LEARNING EXECUTIVE DIRECTOR, HIGHER EDUCATION FOR DEVELOPMENT
GOVERNING DOCUMENTS	FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC TO THE EXTENT THE FINANCIAL STATEMENTS ARE INCLUDED IN THE ANNUAL REPORT ON THE PUBLICALLY AVAILABLE ACE WEBSITE. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE PROVIDED TO THE PUBLIC UPON REQUEST.
OTHER CHANGES IN NET ASSETS	FORM 990, PART XI, LINE 5	UNREALIZED LOSS 5,684,991 POSTRETIREMENT CHANGE 144,261 GAIN ON INTEREST RATE SWAP 94,041 ---------- TOTAL CHANGES IN NET ASSETS 5,923,293

Schedule R IRS990ScheduleR

Form990 Schedule R Part VI Form990ScheduleRPartVI

Name Of Business NameOfBusiness

Field	Value	IRS element (for citing)
Business Name Line1	GED TESTING SERVICE LLC	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	5601 GREEN VAL DR 220	AddressLine1
City	BLOOMINGTON	City
State	MN	State
ZIP Code	55437	ZIPCode

Field	Value	IRS element (for citing)
EIN	275436001	EIN
Primary Activity	TESTING PROGRAM	PrimaryActivity
Legal Domicile State	DE	LegalDomicileState
Predominate Income	RELATED	PredominateIncomeDesc
All Partners C3 S	false	AllPartnersC3S
Share Of Total Income	4390092	ShareOfTotalIncome
Share Of EOY Assets	4804910	ShareOfEOYAssets
Disproportionate Allocations	false	DisproportionateAllocations
General Or Managing Partner	false	GeneralOrManagingPartner
Percentage Ownership	0.30000	PercentageOwnership