NAVAL POSTGRADUATE SCHOOL FOUNDATION INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- NAVAL POSTGRADUATE SCHOOL FOUNDATION INC (EIN 23-7098729)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-10-21
- IRS object ID
- 201112949349300511
- Schema version
- 2010v3.2
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-10-21T13:47:16-07:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Hayashi & Wayland CPAs | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1188 Padre Drive Suite 101 | AddressLine1 |
| City | Salinas | City |
| State | CA | State |
| ZIP Code | 93901 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237098729 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NAVAL POSTGRADUATE SCHOOL FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NAVA | NameControl |
| Phone | 8316562339 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 8626 | AddressLine1 |
| City | MONTEREY | City |
| State | CA | State |
| ZIP Code | 93943 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Bill Warner | Name |
| Title | President | Title |
| Date Signed | 2011-10-21 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Mike Nolan | Name |
| Phone | 8317596300 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MERRILL RUCK | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 8626 | AddressLine1 |
| City | MONTEREY | City |
| State | CA | State |
| ZIP Code | 93943 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1945873 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | false | AllAffiliatesIncluded |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.npsfoundation.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1970 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | THE FOUNDATION SOLICITS, RECEIVES AND ADMINISTERS CONTRIBUTIONS OF CASH, PROPERTY AND OTHER INSTRUMENTS OF VALUE TO PROVIDE AWARDS AND UNDERTAKE OTHER PROJECTS DEEMED APPROPRIATE TO SUPPORT THE OVERALL PROGRAMS AND GOALS OF THE NAVAL POSTGRADUATE SCHOOL AND OTHER NON-PROFIT ORGANIZATIONS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 24 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 24 | NbrIndependentVotingMembers |
| Total Nbr Employees | 9 | TotalNbrEmployees |
| Total Nbr Volunteers | 91 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 1342132 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1174774 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 103137 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 106706 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 93617 | InvestmentIncomePriorYear |
| Investment Income Current Year | 116082 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -46309 | OtherRevenuePriorYear |
| Other Revenue Current Year | 182980 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 1492577 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1580542 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 362664 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 487372 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 258291 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 307142 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 156374 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 668092 | OtherExpensePriorYear |
| Other Expenses Current Year | 458560 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1289047 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1253074 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 203530 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 327468 | RevenuesLessExpensesCY |
| Total Assets BOY | 3643118 | TotalAssetsBOY |
| Total Assets EOY | 4526743 | TotalAssetsEOY |
| Total Liabilities BOY | 17325 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 129790 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 3625793 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 4396953 | NetAssetsOrFundBalancesEOY |
| Mission Description | FOSTER EDUCATION AT UNITED STATES NAVAL POSTGRADUATE SCHOOL AND SUPPORT OTHER NON-PROFIT ORGANIZATIONS THAT ASSIST THE DEPARTMENT OF DEFENSE. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 678001 | Expense |
| Grants | 487372 | Grants |
| Description | THE ORGANIZATION RECEIVES CONTRIBUTIONS FROM GENERAL PUBLIC AND PROVIDES SUPPORT TO STUDENTS AND FACULTY OF THE NAVAL POSTGRADUATE SCHOOL. IT MANAGES FUNDS SET UP FOR APPROXIMATELY 30 DIFFERENT PURPOSES. | Description |
| Total Program Service Expense | 678001 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | 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 | false | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | 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 | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| 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 | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | 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 | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 24 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 9 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Form990-T Filed | false | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Form8886 T Filed | false | Form8886TFiled |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Non Deductible Disclosure | false | NonDeductibleDisclosure |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Quid Pro Quo Disclosure | false | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 0 | NumberOf8282Filed |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Filed Lieu1041 | false | FiledLieu1041 |
| Licensed More Than One State | false | LicensedMoreThanOneState |
| Indoor Tanning Services | false | IndoorTanningServices |
| Form720 Filed | false | Form720Filed |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 24 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 24 | 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 | false | MembersOrStockholders |
| Election Of Board Members | false | 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 |
| Policies Reference Chapters | false | PoliciesReferenceChapters |
| 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 | false | InvestmentInJointVenture |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MERRILL RUCK | NamePerson |
| Telephone Number | 8316562339 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | NAVAL POSTGRADUATE SCHOOL | AddressLine1 |
| City | MONTEREY | City |
| State | CA | State |
| ZIP Code | 93940 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (25 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| VANCE COFFMAN | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Suzanne Gehri Fortune | ||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | |
| STEPHEN MCGOWAN | ||||||
| Vice President | 4.00 | X | 0 | 0 | 0 | X |
| ROBERT ROGERS | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Robert Rice | ||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | |
| Robert Kavner | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Richard J Pagnillo | ||||||
| Trustee | 4.00 | X | 0 | 0 | 0 | |
| RICHARD ELSTER | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Peter Blackstock | ||||||
| Trustee | 4.00 | X | 0 | 0 | 0 | |
| MICHAEL CHANDLER | ||||||
| Vice President | 4.00 | X | 0 | 0 | 0 | X |
| MERRILL RUCK | ||||||
| Executive Direc | 40.00 | 107270 | 0 | 2500 | X | |
| Kenneth Petersen | ||||||
| Treasurer | 4.00 | X | 0 | 0 | 0 | X |
| Karen Hargrove | ||||||
| Vice President | 5.00 | X | 0 | 0 | 0 | X |
| James Greene | ||||||
| Vice President | 3.00 | X | 0 | 0 | 0 | X |
| JAMES B HEBENSTREIT | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Henry Mauz | ||||||
| Chairman | 4.00 | X | 0 | 0 | 0 | X |
| Gordon Eubanks | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| DONALD BEALL | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| DAVID REESE | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| David Liskin | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| DAVID DENIGER | ||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | |
| Darnell Whitt | ||||||
| Secretary | 5.00 | X | 0 | 0 | 0 | X |
| Clarence Armstrong | ||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | |
| Bill Warner | ||||||
| President | 8.00 | X | 0 | 0 | 0 | X |
| Alan Silverman | ||||||
| Trustee | 3.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 107270 | TotalReportableCompFromOrg |
| Total Other Compensation | 2500 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 560565 | FundraisingEvents |
| All Other Contributions | 614209 | AllOtherContributions |
| Total Contributions | 1174774 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ADMINISTRATIVE FEES | Description |
| Business Code | 561000 | BusinessCode |
| Total Revenue Column | 106706 | TotalRevenueColumn |
| Exclusion | $106,706 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 106706 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 116082 | TotalRevenueColumn |
| Exclusion | $116,082 | 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 | 0 | TotalRevenueColumn |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 246050 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 560565 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 228909 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 17141 | TotalRevenueColumn |
| Exclusion | $17,141 | ExclusionAmount |
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 | 300561 | GrossSalesOfInventory |
| Cost Of Goods Sold | 136422 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 164139 | TotalRevenueColumn |
| Exclusion | $164,139 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | RENTAL INCOME | Description |
| Total Revenue Column | 1700 | TotalRevenueColumn |
| Exclusion | $1,700 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1700 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1580542 | TotalRevenueColumn |
| Exclusion | $405,768 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 446046 | Total |
| Program Services | 446046 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41326 | Total |
| Program Services | 41326 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
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 | 107270 | Total |
| Management And General | 107270 | ManagementAndGeneral |
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 | 170694 | Total |
| Management And General | 47894 | ManagementAndGeneral |
| Fundraising | 122800 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8992 | Total |
| Management And General | 8992 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20186 | Total |
| Management And General | 12191 | ManagementAndGeneral |
| Fundraising | 7995 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 106627 | Total |
| Management And General | 106627 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44301 | Total |
| Management And General | 44301 | 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 | 17376 | Total |
| Management And General | 17376 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34257 | Total |
| Program Services | 5232 | ProgramServices |
| Management And General | 29025 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33286 | Total |
| Program Services | 33211 | ProgramServices |
| Fundraising | 75 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35428 | Total |
| Program Services | 12736 | ProgramServices |
| Management And General | 6414 | ManagementAndGeneral |
| Fundraising | 16278 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8174 | Total |
| Management And General | 8174 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3037 | Total |
| Management And General | 3037 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16660 | Total |
| Program Services | 13629 | ProgramServices |
| Management And General | 14 | ManagementAndGeneral |
| Fundraising | 3017 | 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 | 113102 | Total |
| Program Services | 112563 | ProgramServices |
| Management And General | 539 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5884 | Total |
| Management And General | 5884 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| MISC EXPENSES | 21487 | 13258 | 2020 | 6209 |
| CREDIT CARD FEES | 17506 | 17506 | ||
| BAD DEBT EXPENSE | 1435 | 1435 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1253074 | Total |
| Program Services | 678001 | ProgramServices |
| Management And General | 418699 | ManagementAndGeneral |
| Fundraising | 156374 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 366587 | BOY |
| EOY | 574524 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3435 | BOY |
| EOY | 850 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 57907 | BOY |
| EOY | 71510 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2902402 | BOY |
| EOY | 3553332 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 287576 | BOY |
| EOY | 282658 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25211 | BOY |
| EOY | 43869 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3643118 | BOY |
| EOY | 4526743 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14825 | BOY |
| EOY | 122790 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2500 | BOY |
| EOY | 7000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17325 | BOY |
| EOY | 129790 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1968878 | BOY |
| EOY | 2097868 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1656915 | BOY |
| EOY | 2299085 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3625793 | BOY |
| EOY | 4396953 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3643118 | BOY |
| EOY | 4526743 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 327468 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 443692 | 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 | false | FederalGrantAuditRequired |
| Federal Grant Audit Performed | false | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Support Org170b1 Aiv | X | CollegeSupportOrg170b1Aiv |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 801446 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 729421 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1684856 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1342132 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1174774 | CurrentTaxYear |
| Total | 5732629 | Total |
Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 39516 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 39616 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 39616 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 30116 | CurrentTaxYearMinus1Year |
| Current Tax Year | 14116 | CurrentTaxYear |
| Total | 162980 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 840962 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 769037 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1724472 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1372248 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1188890 | CurrentTaxYear |
| Total | 5895609 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 0 | AmountsSubstContributorsTotal |
| Public Support Total170 | 5895609 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 71847 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 161062 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 118449 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 93617 | CurrentTaxYearMinus1Year |
| Current Tax Year | 116082 | CurrentTaxYear |
| Total | 561057 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 22561 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 805060 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 53724 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 103137 | CurrentTaxYearMinus1Year |
| Current Tax Year | 106706 | CurrentTaxYear |
| Total | 1091188 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 7547854 | TotalSupport |
| Public Support Pertcentage170 | 0.78110 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.81330 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
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 D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 282658 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | FUNDS HELD FOR OTHERS | Description |
| Amount | $7,000 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 7000 | TotalOfAmounts |
| Total Revenue | 1580542 | TotalRevenue |
| Total Expenses | 1253074 | TotalExpenses |
| Excess Or Deficit For Year | 327468 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 429534 | NetUnrealizedGLOnInvestments |
| Other | $14,158 | OtherAmount |
| Total Adjustments | 443692 | TotalAdjustments |
| Excess Or Deficit Per FS | 771160 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 2267259 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 429534 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 14116 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 243067 | OtherRevenues |
| Revenue Not Rptd F990 | 686717 | RevenueNotRptdF990 |
| Revenue Subtotal | 1580542 | RevenueSubtotal |
| Total Revenue Per Form990 | 1580542 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 1496099 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 14116 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 228909 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 243025 | ExpensesNotRptdF990 |
| Expenses Subtotal | 1253074 | ExpensesSubtotal |
| Total Expenses Per Form990 | 1253074 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part X | Part X : FIN48 Footnote | The Foundation is exempt from federal income taxes under Internal Revenue Code Section 501(c)(3) and from California income taxes under Revenue and Taxation Code Section 23701(d), and is classified as other than a private foundation.The Financial Accounting Standards Board issued new guidance on accounting for uncertainty in income taxes. The Organization adopted this new guidance for the year ended December 31, 2009. Management evaluated the Organization's tax positions and concluded that the Organization had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. With few exceptions, the Organization is no longer subject to income tax examinations by the U.S. federal, state or local tax authorities for years before 2006. |
| Part XIII, Line 2d | Part XIII, Line 2d: Other expenses and losses per audited F/S | Special Events Expense $228909 |
| Part XII, Line 2d | Part XII, Line 2d: Other revenue amounts included in F/S but not included on form 990 | Change in value split interest $14158 Special Events expense $228909 |
| Part XI, Line 8 | Part XI, Line 8: Other Changes in Net Assets or Fund Balances | CHANGE IN VALUE OF SPLIT-INT AGREEMENTS $14158 |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agreement Ref Fundraising | false | AgreementRefFundraising |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GOLF TOURNAMENT | NameOfEvent1 |
| Gross Receipts Event1 | 640565 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 550415 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 90150 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 12203 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 76689 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 19137 | OtherDirectExpensesEvent1 |
| Name Of Event2 | WINTER BALL | NameOfEvent2 |
| Gross Receipts Event2 | 166050 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 10150 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 155900 | GrossRevenueEvent2 |
| Rent Facility Costs Event2 | 22744 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 54045 | FoodAndBeverageEvent2 |
| Other Direct Expenses Event2 | 44091 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 806615 | GrossReceiptsTotal |
| Charitable Contributions Total | 560565 | CharitableContributionsTotal |
| Gross Revenue Total Events | 246050 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 34947 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 130734 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 63228 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 228909 | DirectExpenseSummaryEvents |
| Net Income Summary | 17141 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (5 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|---|
| SENTINELS OF FREEDOM | ||||||||
| PO BOX 1316 | SAN RAMON | CA | 94583 | 208139201 | 501 (c) (3) | 151173 | 0 | TO SUPPORT DONEE'S PROGRAMS |
| OFFICERS STUDENTS WIV | ||||||||
| PO BOX 8306 | MONTEREY | CA | 93943 | 946068835 | 501 (C) (7) | 11200 | 0 | TO SUPPORT DONEE'S PROGRAMS |
| NAVY-MARINE CORPS RELIEF SOCIETY | ||||||||
| 875 N RANDOLPH STREET SUITE 225 | ARLINGTON | VA | 22203 | 530204618 | 501 (c) (3) | 60000 | 0 | TO SUPPORT DONEE'S PROGRAMS |
| INJURED MARINE SEMPER FI FUND | ||||||||
| PO BOX 555193 | CAMP PENDELTON | CA | 92055 | 260086305 | 501 (c) (3) | 151673 | 0 | TO SUPPORT DONEE'S PROGRAMS |
| DEPARTMENT OF THE NAVY | ||||||||
| 1 UNIVERSITY CIRCLE | MONTEREY | CA | 93943 | GOVT ORGANIZATION | 72000 | 0 | TO SUPPORT NPS | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 4 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 1 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIP AWARDS | TypeOfGrant |
| Number Of Recipients | 40 | NumberOfRecipients |
| Amount Of Cash Grant | 41326 | AmountOfCashGrant |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990, Part VI, Line 19 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | THE COPIES OF DOCUMENTS ARE PROVIDED UPON REQUEST. |
| Form 990, Part VI, Line 15b | Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | ~DETERMINING REASONABLE COMPENSATION~~THE FOUNDATION SHALL SATISFY THE LEGAL PRESUMPTION OF REASONABLENESS SET FORTH IN THE INTERNAL REVENUE CODE SECTION 4958 REGARDING INTERMEDIATE SANCTIONS, BY FOLLOWING THESE STEPS WHEN DETERMINING THE ANNUAL COMPENSATION FOR ANY FOUNDATION INSIDER:~COMPENSATION ARRANGEMENT SHALL BE APPROVED IN ADVANCE BY INDEPENDENT MEMBERS OF THE EXECUTIVE COMMITTEE. THIS GROUP SHALL BE COMPOSED OF PERSONS WHO DO NOT HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT. THE MEMBERS OF THE GROUP CAN CHANGE DEPENDING UPON THE PERSON WHOSE COMPENSATION IS UNDER REVIEW.~BEFORE MAKING THE REASONABLE COMPENSATION DETERMINATION, THE EXECUTIVE COMMITTEE GROUP SHALL RELY UPON COMPARABILITY DATA (COMPARABILITY DATA INCLUDES COMPENSATION PAID BY COMPARABLE AND SIMILARLY SITUATED ENTITIES) IN DECIDING WHETHER TO APPROVE THE COMPENSATION.~THE EXECUTIVE COMMITTEE MEMBERS SHALL CONTEMPORANEOUSLY DOCUMENT IN WRITING ITS BASIS FOR MAKING ITS REASONABLE COMPENSATION DETERMINATION. THE FOUNDATION UTILIZES A WORKSHEET THAT IS COMPLETED BY THE GROUP WHEN IT CONVENES, AND THE WORKSHEET SHALL SERVE AS THE REQUIRED WRITTEN DOCUMENTATION FOR THE FOLLOWING:~TERMS OF THE APPROVED COMPENSATION AND THE DATE APPROVED.~MEMBERS OF THE EXECUTIVE COMMITTEE GROUP PRESENT DURING DISCUSSIONS ON THE COMPENSATION AMOUNT, THOSE WHO VOTED AND HOW THEY VOTED.~DESCRIPTION OF COMPARABILITY DATA OBTAINED AND RELIED UPON; HOW THE DATA WAS OBTAINED.~ANY ACTIONS BY AN EXECUTIVE COMMITTEE MEMBER HAVING A CONFLICT OF INTEREST (E.G., DISCLOSURE OF CONFLICT OF INTEREST; RECUSAL FROM THE DISCUSSION)~THE REASONABLE COMPENSATION DISCUSSION SHALL BE UNDERTAKEN BY THE EXECUTIVE COMMITTEE MEMBERS ANNUALLY; THE INDIVIDUAL WHOSE COMPENSATION IS BEING DISCUSSED SHALL NOT BE PRESENT DURING SUCH DISCUSSIONS. THE ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE SHALL BE PRESENTED FOR FULL BOARD OF TRUSTEES APPROVAL AT ITS ANNUAL MEETING IN NOVEMBER. |
| Form 990, Part VI, Line 12c | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | ~DUTY TO DISCLOSE~~IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, INTERESTED PERSONS MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTERESTS AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE EXECUTIVE COMMITTEE OF THE FOUNDATION WHEN THE EXECUTIVE COMMITTEE CONSIDERS A PROPOSED TRANSACTION OR ARRANGEMENT.~ADDRESSING THE CONFLICT OF INTEREST~~THE PRESIDING OFFICER OF THE EXECUTIVE COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT.~AFTER EXERCISING DUE DILIGENCE, THE EXECUTIVE COMMITTEE SHALL DETERMINE WHETHER THE FOUNDATION CAN OBTAIN WITH REASONABLE EFFORT A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST.~IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THEN THE EXECUTIVE COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED MEMBERS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE BEST INTEREST OF THE FOUNDATION, AND WHETHER IT IS FAIR AND REASONABLE. ONCE THIS DETERMINATION IS MADE, THE EXECUTIVE COMMITTEE SHALL DECIDE WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT.~VIOLATIONS OF CONFLICT OF INTEREST POLICY~IF THE EXECUTIVE COMMITTEE HAS REASON TO BELIEVE THAT A MEMBER HAS FAILED TO DISCLOSE, IT SHALL INFORM THE MEMBER OF THE BASIS AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INQUIRY, OR THE EXECUTIVE COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE EXECUTIVE COMMITTEE SHALL TAKE APPROPRIATE AND CORRECTIVE ACTION. |
| Form 990, Part VI, Line 11 | Form 990, Part VI, Line 11: Form 990 Review Process | ~THE EXECUTIVE COMMITTEE SHALL HAVE THE RESPONSIBILITY FOR REVIEWING THE FOUNDATION'S FORM 990 (INCLUDING ALL PERTINENT SCHEDULES) BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE.~A DRAFT OF THE FORM 990 SHALL BE READY FOR REVIEW BY THE EXECUTIVE COMMITTEE NO LATER THAN ONE MONTH PRIOR TO THE FILING DEADLINE.~AFTER THE DRAFT OF THE FORM 990 HAS BEEN OBTAINED BY THE EXECUTIVE COMMITTEE, THEY HAVE NO MORE THAN TWO WEEKS TO COMPLETE THEIR REVIEW.~IN CONDUCTING THEIR REVIEW OF THE DRAFT OF THE FORM 990, IT IS PREFERRED THAT THE EXECUTIVE COMMITTEE SHALL CONDUCT A TOP-LEVEL OR BIG PICTURE TYPE REVIEW; HOWEVER, IF THE EXECUTIVE COMMITTEE DESIRES OR DEEMS IT NECESSARY TO CONDUCT A MORE DETAILED REVIEW OF THE FORM 990, THEN THEY SHOULD CONTACT THE PREPARER OF THE FORM 990 TO REQUEST COPIES OF THE RELEVANT TAX RETURN WORK PAPERS THEY WOULD LIKE TO SEE.~ONCE THE EXECUTIVE COMMITTEE HAS COMPLETED THEIR INITIAL REVIEW OF THE FORM 990, EITHER A MEETING OR A CONFERENCE CALL SHALL BE SCHEDULED WITH THE PREPARER OF THE FORM 990 (REGARDLESS OF WHETHER THE FORM 990 IS EXTERNALLY OR INTERNALLY PREPARED) TO DISCUSS ANY QUESTIONS, COMMENTS, AND SUGGESTED REVISIONS IDENTIFIED BY THE EXECUTIVE COMMITTEE.~THE PREPARER OF THE FORM 990 SHALL MAKE ANY REVISIONS TO THE FORM 990 AS SOON AS FEASIBLY POSSIBLE TO ENSURE THAT THE FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE ON A TIMELY BASIS.~ALL OF THE QUESTIONS, COMMENTS, AND SUGGESTED REVISIONS SET FORTH BY THE EXECUTIVE COMMITTEE SHOULD BE DOCUMENTED, ALONG WITH ANY RESPONSES FROM THE PREPARER OF THE FORM 990, IF APPLICABLE.~AFTER THE FORM 990 HAS BEEN REVIEWED BY THE EXECUTIVE COMMITTEE AND FILED WITH THE INTERNAL REVENUE SERVICE, THE EXECUTIVE COMMITTEE SHALL MAKE A PRESENTATION AT THE NEXT FULL BOARD OF TRUSTEES MEETING TO UPDATE THE FULL BOARD REGARDING THE REVIEW OF THE FORM 990; AT THIS MEETING WITH THE FULL BOARD OF TRUSTEES, IT IS NOT REQUIRED FOR THE EXECUTIVE COMMITTEE TO REVIEW ALL THEIR QUESTIONS, COMMENTS, AND SUGGESTED REVISIONS; A SUMMARY OF THEIR IMPORTANT POINTS WILL BE SUFFICIENT. |
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