2012-11-14T19:11:19-06:00 2011-12-31 941254756 HOOD & STRONG LLP 100 FIRST STREET 14TH FLOOR SAN FRANCISCO CA 94105 990 2011-01-01 952540449 INSTITUTE FOR THE FUTURE INST 6508546322 124 UNIVERSITY AVENUE 2ND FLOOR PALO ALTO CA 94301 KIM LAWRENCE 6508546322 2012-11-14 1 TAMARA L BONGI P01200780 4157810793 2011 2016-02-24 21:20:13Z KIM LAWRENCE 124 UNIVERSITY AVENUE 2ND FLOOR PALO ALTO CA 94301 8153196 0 X WWW.IFTF.ORG X 1968 CA PROVIDE FUTURE FORECASTING TO ORGANIZATIONS WORLDWIDE. 11 8 41 8 0 0 14150 3053 7000167 8131538 3378 1487 9802 17118 7027497 8153196 0 0 0 0 4213816 4243320 0 0 0 2736598 3382823 6950414 7626143 77083 527053 3839103 3846144 1996893 1674878 1842210 2171266 X WE CATALYZE THE GLOBAL COMMUNITY TO THINK SYSTEMATICALLY ABOUT THE FUTURE. AS AN INDEPENDENT NONPROFIT, WE ARE LEADING INNOVATORS IN THE SYSTEMATIC AND COMPREHENSIVE RESEARCH OF THE LONG-TERM FUTURE, PROVIDING METHODOLOGIES AND TOOLS THAT ENGAGE BOTH THE PRIVATE AND PUBLIC SECTORS IN ORDER TO: DISCERN AND COPE WITH TODAY'S SOCIETAL DILEMMAS; AVOID CREATION OF MORE COMPLEX DILEMMAS TOMORROW; AND CREATE NEW, IMPORTANT ALTERNATIVES IN SHAPING THE GLOBAL FUTURE. 0 0 472115 1029080 TECHNOLOGY HORIZONS PROGRAM - THE TECHNOLOGY HORIZONS PROGRAM COMBINES A DEEP UNDERSTANDING OF TECHNOLOGY AND SOCIETAL FORCES TO IDENTIFY AND EVALUATE DISCONTINUITIES AND INNOVATIONS IN THE NEXT THREE TO TEN YEARS. WE HELP ORGANIZATIONS DEVELOP INSIGHTS AND STRATEGIC TOOLS TO BETTER POSITION THEMSELVES FOR THE FUTURE. OUR APPROACH TO TECHNOLOGY FORECASTING IS UNIQUE-WE PUT PEOPLE AT THE CENTER OF OUR FORECASTS. UNDERSTANDING HUMANS AS CONSUMERS, WORKERS, HOUSEHOLDERS, AND COMMUNITY MEMBERS ALLOWS IFTF TO HELP COMPANIES LOOK BEYOND TECHNICAL FEASIBILITY TO IDENTIFY THE VALUE IN NEW TECHNOLOGIES, FORECAST ADOPTION AND DIFFUSION PATTERNS, AND DISCOVER NEW MARKET OPPORTUNITIES AND THREATS. THIS IS AN ANNUAL MEMBERSHIP PROGRAM THAT, ALONG WITH ALL OTHER CORE FOUNDATIONAL MULTICLIENT PROGRAMS, PROVIDES THE BUILDING BLOCKS FOR INITIATIVES THAT FURTHER OUR MISSION IN LEADING THE EFFORTS ON LONG-TERM THINKING, WHILE ALSO SUPPORTING ONGOING PUBLIC AND PRIVATE SECTOR SPECIAL PROJECTS THAT PUSHES OUR RESEARCH IN NEW AREAS OF STUDY. 527131 956227 HEALTH HORIZONS PROGRAM - THE HEALTH HORIZONS PROGRAM COMBINES A DEEP UNDERSTANDING OF THE GLOBAL HEALTH ECONOMY, USER BEHAVIOR, HEALTH AND MEDICAL TECHNOLOGIES, HEALTH CARE DELIVERY SYSTEM, AND SOCIETAL FORCES TO IDENTIFY AND EVALUATE EMERGING TRENDS, DISCONTINUITIES, AND INNOVATIONS IN THE NEXT THREE TO TEN YEARS. WE HELP ORGANIZATIONS WORK WITH FORESIGHTS TO DEVELOP INSIGHTS AND STRATEGIC TOOLS TO BETTER POSITION THEMSELVES IN THE MARKETPLACE. THIS IS AN ANNUAL MEMBERSHIP PROGRAM THAT, ALONG WITH ALL OTHER CORE FOUNDATIONAL MULTICLIENT PROJECTS, PROVIDES THE BUILDING BLOCKS FOR INITIATIVES THAT FURTHER OUR MISSION IN LEADING THE EFFORTS ON LONG-TERM THINKING, WHILE ALSO SUPPORTING ONGOING PUBLIC AND PRIVATE SECTOR SPECIAL PROJECTS THAT PUSHES OUR RESEARCH IN NEW AREAS OF STUDY. 377172 769088 TEN-YEAR FORECAST PROGRAM - FOR NEARLY FOUR DECADES, THE TEN-YEAR FORECAST PROGRAM HAS BEEN A LEADING SOURCE OF FORESIGHT FOR A VANGUARD OF BUSINESS, GOVERNMENT, AND NONPROFIT ORGANIZATIONS. IT IS A PLATFORM FOR SENSING TODAY'S LATENT SIGNALS, TRACKING THEIR INTERSECTIONS TO UNDERSTAND THE ECOSYSTEM OF CHOICES, AND THEN DESIGNING PLATFORMS FOR FUTURE RESILIENCE. FOCUSING ON THE NEXT THREE TO TEN YEARS, THE PROGRAM ANTICIPATES DISCONTINUITIES AND EMERGING DILEMMAS-DISCONTINUITIES BECAUSE THEY CHALLENGE BUSINESS AS USUAL AND DILEMMAS BECAUSE THEY DEMAND NEW WAYS OF THINKING ABOUT COMPLEX PROBLEMS. TOGETHER, DISCONTINUITIES AND DILEMMAS PROVIDE A VISTA OF NEW PRACTICES AND POINTS OF VIEW THAT WILL SHAPE TOMORROW'S ORGANIZATIONS AND TODAY'S CHOICES. THIS IS AN ANNUAL MEMBERSHIP PROGRAM THAT, ALONG WITH ALL OTHER CORE FOUNDATIONAL MULTICLIENT PROJECTS, PROVIDES THE BUILDING BLOCKS FOR INITIATIVES THAT FURTHER OUR MISSION IN LEADING THE EFFORTS ON LONG-TERM THINKING, WHILE ALSO SUPPORTING ONGOING PUBLIC AND PRIVATE SECTOR SPECIAL PROJECTS THAT PUSHES OUR RESEARCH IN NEW AREAS OF STUDY. 2423869 5393149 THIS CATEGORY INCLUDES THE WRAP-UP OF THE GLOBAL FOOD OUTLOOK PROGRAM FOR 2010-2011, ALONG WITH SPECIAL PROJECTS AND REIMBURSABLE EXPENSE AND REVENUE. 2423869 5393149 3800287 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 95 0 41 1 0 0 0 0 0 1 1 0 0 0 0 X 11 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X KIM LAWRENCE 6502339540 124 UNIVERSITY AVENUE PALO ALTO CA 94301 ELLEN MARRAM 1.00 X 0 0 0 ARON CRAMER 1.00 X 0 0 0 KAREN EDWARDS 1.00 X 0 0 0 DEBRA ENGEL 1.00 X 0 0 0 LARRY SMARR 1.00 X 0 0 0 ROBERT SUTTON 1.00 X 0 0 0 KELLY TRAVER 1.00 X 0 0 0 LAWRENCE WILKINSON 1.00 X 0 0 0 MARINA GORBIS 40.00 X X 250151 0 48178 RODRIGO FALCON 40.00 X 173451 0 24867 JEAN HAGAN 40.00 X 152047 0 37892 KIMBERLEY LAWRENCE 40.00 X 114271 0 33268 ROBERT JOHANSEN 40.00 X 230207 0 37841 KATHLEEN VIAN 40.00 X 174014 0 31850 MICHAEL SEAN NESS 40.00 X 202516 0 21150 DAWN ALVA 40.00 X 148425 0 29580 LYN JEFFERY 40.00 X 138665 0 35216 1583747 0 299842 9 0 1 0 0 3053 3053 SPECIAL PROJECT REVENU 541700 5132406 5132406 MEMBERSHIP DUES 541700 2999132 2999132 8131538 1487 1487 16006 16006 OTHER REVENUE 541700 1112 1112 1112 8153196 8147544 0 2599 X 1814246 538399 1275847 1681474 1089347 592127 134309 69841 64468 277219 144154 133065 336072 176436 159636 51353 51353 10548 10548 26600 26600 1001346 806894 194452 290185 115946 174239 185908 27614 158294 536157 536157 925491 815658 109833 15998 15998 42493 42493 18270 18270 INCENTIVE COMPENSATION 278474 278474 7626143 3800287 3825856 0 537323 268961 1297512 1300855 1866032 2131117 13440 12659 482566 371244 103566 111322 21230 21230 3839103 3846144 642241 766073 1354652 908805 1996893 1674878 X 1789428 2103038 52782 68228 1842210 2171266 3839103 3846144 X 527053 -197997 X 0 1 1 X 0 X 3389433 3047172 2185342 2940399 3053 11565399 4354584 6038409 4613759 4079114 8131538 27217404 7744017 9085581 6799101 7019513 8134591 38782803 0 0 0 38782803 48162 23202 7474 3378 17493 99709 48162 23202 7474 3378 17493 99709 11522 13420 18262 4606 1112 48922 7803701 9122203 6824837 7027497 8153196 38931434 0.99620 0.99570 0.00260 0.00300 X 68503 68503 0 198297 159301 38996 215766 143440 72326 111322 8153196 7626143 527053 -10122 -187875 -197997 329056 8153196 0 8153196 0 8153196 7824140 10122 187875 197997 7626143 0 7626143 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE INSTITUTE HAS BEEN DETERMINED TO BE EXEMPT FROM FEDERAL AND STATE INCOME TAXES PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. IN ADDITION, THE INSTITUTE HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. MANAGEMENT EVALUATED THE INSTITUTE'S TAX POSITIONS AND CONCLUDED THAT THE INSTITUTE HAD MAINTAINED ITS TAX-EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISIONS OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE INSTITUTE IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION BY TAX AUTHORITIES FOR TAX YEARS BEFORE 2007. PART XI, LINE 8 - OTHER ADJUSTMENTS: ACCRUED INCENTIVE COMPENSATION -187,875. X X X X X 0 0 0 1 0 0 0 0 0 MARINA GORBIS 240620 0 9531 0 0 0 25722 0 22456 0 298329 0 0 0 RODRIGO FALCON 163779 0 9672 0 0 0 17242 0 7625 0 198318 0 0 0 JEAN HAGAN 142247 0 9800 0 0 0 15577 0 22315 0 189939 0 0 0 ROBERT JOHANSEN 219222 0 10985 0 0 0 23044 0 14797 0 268048 0 0 0 KATHLEEN VIAN 162703 0 11311 0 0 0 17159 0 14691 0 205864 0 0 0 MICHAEL SEAN NESS 198580 0 3936 0 0 0 8421 0 12729 0 223666 0 0 0 DAWN ALVA 144925 0 3500 0 0 0 7273 0 22307 0 178005 0 0 0 LYN JEFFERY 133665 0 5000 0 0 0 13500 0 21716 0 173881 0 0 0 PART I, LINE 5 THE INCENTIVE COMPENSATION PLAN TAKES INTO CONSIDERATION THE OVERALL ORGANIZATIONAL AND STAFF PERFORMANCE GOALS. AS PART OF THE PLAN, THE ORGANIZATION MUST MEET ITS ANNUAL BUDGETARY GOALS AS APPROVED BY THE BOARD OF TRUSTEES, WHICH INCLUDES MEETING OR EXCEEDING FUNDING, REVENUE, AND NET ASSET GOALS. IT IS DETERMINED AT EACH ANNUAL MEETING THE AMOUNT TO BE ACCRUED AS PART THE ANNUAL BUDGET, AS WELL AS REVIEW AND APPROVE THE ORGANIZATIONAL PROPOSAL FOR DISTRIBUTION OF THE PRIOR YEAR'S INCENTIVE COMPENSATION ACCRUAL POOL. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE REVIEWED THE DRAFT FORM 990 AND MET IN ORDER TO PROVIDE A FORUM TO ASK ANY QUESTIONS OF THE DIRECTOR OF FINANCE, EXECUTIVE DIRECTOR, OR THE TAX PREPARATION ORGANIZATION. THE AUDIT COMMITTEE CHAIR THEN PROVIDED THE DRAFT DOCUMENT TO THE FULL BOARD FOR REVIEW AND APPROVAL. UPON APPROVAL OF THE BOARD, THE BOARD CHAIRMAN DIRECTED THE DIRECTOR OF FINANCE TO FINALIZE AND TO FILE THE FINALIZED FORM 990 AND ANY OTHER REQUIRED DOCUMENTATION. FORM 990, PART VI, SECTION B, LINE 12C IFTF DIRECTORS, OFFICERS, KEY EMPLOYEES, ALL STAFF, AND CONTRACTORS SIGN A NONDISCLOSURE AGREEMENT CONTAINING A CONFLICT OF INTEREST POLICY. STAFF AND CONTRACTORS ARE REQUIRED TO INFORM IFTF OF POTENTIAL CONFLICTS. THE ORGANIZATION EMPLOYS A STRONG WEB PROCESS TO SEARCH FOR OUTSIDE ARTICLES/INFORMATION AND UTILIZES STRONG STAFF COMMUNICATIONS TO MONITOR ANY ISSUES. IFTF PROGRAM DIRECTORS AND RESEARCH MANAGERS WORK DIRECTLY WITH CONSULTANTS TO UNDERSTAND THEIR OUTSIDE PROJECTS AND NOTIFY MANAGEMENT ACCORDINGLY. IFTF BOARD MEMBERS ARE DIRECTED BY A CHARTER AND ROLES AND RESPONSIBILITIES DOCUMENTATION MAINTAINING CONFLICTS OF INTEREST AS WELL AS WHISTLEBLOWER POLICIES. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE DIRECTOR (CEO) COMPENSATION IS DETERMINED AND APPROVED BY THE BOARD OF TRUSTEES UPON COMPLETION OF EXECUTIVE DIRECTOR'S ANNUAL REVIEW WITH THE BOARD. IN 2011, AND INDEPENDENT CONSULTANT PERFORMED A COMPENSATION STUDY TO DETERMINE IF ORGANIZATIONAL SALARIES FOR THE EXECUTIVE DIRECTOR, MANAGEMENT TEAM, AND RESEARCH STAFF WERE IN-LINE WITH OTHER NONPROFITS AND/OR SIMILAR RESEARCH ORGANIZATIONS. OUTSIDE SURVEYS, INTERVIEWS, AND OTHER REGIONAL BENCHMARKS WERE USED AS A COMPARATIVE BASE. A PROPOSAL IS ALSO PROVIDED TO THE BOARD AS PART OF THE ANNUAL MEETING'S YEARLY BUDGET APPROVAL PROCESS BY THE BOARD, INCLUDING FULL STAFF SALARIES AND INCENTIVE COMPENSATION ACCRUALS AND DISTRIBUTIONS. NO SALARY INCREASES OR INCENTIVE COMPENSATION IS PAID OUT WITHOUT THE BOARD APPROVAL OF THE PROPOSAL. THE BOARD MAINTAINS THE RIGHT TO ASK FOR ANY ADJUSTMENTS TO THE PROPOSAL. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART III: AS PART OF FUNCTIONAL EXPENSES, GENERAL ADMINISTRATION AND MANAGEMENT COSTS ARE REALLOCATED TO ALL DIRECT BILLED PROJECTS AS A PERCENTAGE OF TOTAL OVERHEAD COSTS APPLIED TO ALL LABOR AND FRINGE BENEFIT COSTS. AS AN EXAMPLE, WHEREAS THE DIRECT PROJECT COST FOR THE TECHNOLOGY HORIZONS PROGRAM SHOWS DIRECT EXPENDITURES AT $472,115 (DIRECT LABOR, FRINGE, AND OTHER DIRECT COSTS), IT DOES NOT SHOW THE APPLIED OVERHEAD ALLOCATION OF ALL GENERAL ADMINISTRATION AND MANAGEMENTS TO THE PROJECT OF APPROXIMATELY $558,350, BRINGING THE ACTUAL COST TO RUN THE PROJECT AT $1,030,465. THE OVERHEAD ALLOCATION IS APPLIED TO THE PROJECT AT EACH PAYROLL PERIOD AS PART OF A JOB COST ALLOCATION, AND IT IS ADJUSTED ACCORDINGLY. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: DONATED SERVICES AND USE OF FACILITIES: -10,122. ACCRUED INCENTIVE COMPENSATION -187,875. TOTAL TO FORM 990, PART XI, LINE 5: -197,997.