AMERICAN COUNCIL ON EDUCATION: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization: AMERICAN COUNCIL ON EDUCATION (EIN 53-0196573)
Tax period: 2009-10-01 to 2010-09-30
Filed: 2011-06-30
IRS object ID: 201131819349300768
Schema version: 2009v1.7
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 M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-06-30T12:45:18-05:00	Timestamp
Tax Period End Date	2010-09-30	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	2009-10-01	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)
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	JEFFREY A TOMITZ	Name
Title	CHIEF FINANCIAL OFFICER	Title
Date Signed	2011-06-28	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Phone	7032868000	Phone

Field	Value	IRS element (for citing)
Tax Year	2009	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Doing Business As DoingBusinessAs

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

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	71498918	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
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	274	TotalNbrEmployees
Total Nbr Volunteers	47	TotalNbrVolunteers
Total Gross UBI	11743	TotalGrossUBI
Net Unrelated Business Txbl Income	-59273	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	33168594	ContributionsGrantsPriorYear
Contributions Grants Current Year	27209221	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	22642478	ProgramServiceRevenuePriorYear
Program Service Revenue CY	22414650	ProgramServiceRevenueCY
Investment Income Prior Year	927856	InvestmentIncomePriorYear
Investment Income Current Year	625343	InvestmentIncomeCurrentYear
Other Revenue Prior Year	1312302	OtherRevenuePriorYear
Other Revenue Current Year	1171971	OtherRevenueCurrentYear
Total Revenue Prior Year	58051230	TotalRevenuePriorYear
Total Revenue Current Year	51421185	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	10892685	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	9165399	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	26214455	SalariesEtcPriorYear
Salaries Etc Current Year	24340629	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	692297	TotalFundrsngExpCurrentYear
Other Expense Prior Year	14938070	OtherExpensePriorYear
Other Expenses Current Year	14081372	OtherExpensesCurrentYear
Total Expenses Prior Year	52045210	TotalExpensesPriorYear
Total Expenses Current Year	47587400	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	6006020	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	3833785	RevenuesLessExpensesCY
Total Assets BOY	66724694	TotalAssetsBOY
Total Assets EOY	74255434	TotalAssetsEOY
Total Liabilities BOY	22140316	TotalLiabilitiesBOY
Total Liabilities EOY	24088382	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	44584378	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	50167052	NetAssetsOrFundBalancesEOY
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	18847381	Expense
Grants	8737793	Grants
Revenue	859715	Revenue
Description	PROFESSIONAL DEVELOPMENT PROGRAMS - THESE PROGRAMS PROVIDE VALUABLE OPPORTUNITIES FOR INDIVIDUAL AND INSTITUTIONAL DEVELOPMENT. THE CENTER FOR EFFECTIVE LEADERSHIP OFFERS CRITICAL NETWORKING AND EDUCATIONAL PROGRAMMING FOR EMERGING AND CURRENT CAMPUS LEADERS WITH SPECIAL FOCUS ON PRESIDENTS, VICE PRESIDENTS, AND MID-CAREER ADMINISTRATORS. THE OFFICE OF WOMEN IN HIGHER EDUCATION PROVIDES NATIONAL AND REGIONAL OPPORTUNITIES FOR WOMEN COLLEGE AND UNIVERSITY ADMINISTRATORS TO PARTICIPATE IN LEADERSHIP DEVELOPMENT PROGRAMS AND ACTIVITIES. THE CENTER FOR ADVANCEMENT OF RACIAL AND ETHNIC EQUITY'S RESEARCH AND LEADERSHIP PROGRAMS, INCLUDING THE SPECTRUM INITIATIVE, AT HOME IN THE WORLD, AND CREATING GLOBAL CITIZENS: PROMOTING INTERNATIONALIZATION AT HBCUS, ESTABLISH FORUMS FOR SHARING SUCCESSES, CHALLENGES AND BEST PRACTICES IN MINORITY REPRESENTATION IN STUDENT POPULATIONS, FACULTY POSITIONS AND IN ADMINISTRATIVE ROLES. 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	11908354	Expense
Grants	427606	Grants
Revenue	16798332	Revenue
Description	ADULT LEARNING AND EDUCATIONAL CREDENTIALS - FOR MORE THAN 60 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 ITS MILITARY PROGRAMS, 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 LIFELONG TRANSCRIPTS FOR MILLIONS OF 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. IN ADDITION, GED TESTING SERVICE, AN ACE PROGRAM FOCUSED ON LIFELONG LEARNING, TESTS NEARLY 800,000 PER YEAR. OVER OUR 67 YEAR HISTORY MORE THAN 17 MILLION HAVE BEEN AWARDED A HIGH SCHOOL EQUIVALENCY CREDENTIAL VIA GED TESTS. THIS CREDENTIAL PROVIDES ADULTS WITH A POWERFUL SECOND OPPORTUNITY FOR PURSUING POSTSECONDARY EDUCATION AND ENHANCED CAREER OPPORTUNITIES.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	3801618	Expense
Grants	0	Grants
Revenue	50271	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 TIMELY INFORMATION AND ANALYSIS OF FEDERAL LEGISLATION, REGULATION, AND PUBLIC POLICY PROPOSALS AFFECTING COLLEGES AND UNIVERSITIES IN A VARIETY OF AREAS, RANGING FROM STUDENT FINANCIAL AID TO RESEARCH TO TAX POLICY. 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	8545448	TotalOfOtherProgramServiceExp
Total Of Other Program Service Grnt	0	TotalOfOtherProgramServiceGrnt
Total Of Other Program Service Rev	7131587	TotalOfOtherProgramServiceRev
Total Program Service Expense	43102801	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	true	LobbyingActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Balance Sheet Amounts Reported	true	BalanceSheetAmountsReported
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	false	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	true	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	false	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
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	519	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	274	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
Form8899 Filed	false	Form8899Filed
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	false	InvestmentInJointVenture
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	JEFFREY TOMITZ	NamePerson
Telephone Number	2029399330	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

Form990 Part VII Section A Form990PartVIISectionA (64 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee	FormerFormer
JOHN SEXTON
CHAIR	1.0	X	X	0	0	0
EDUARDO J PADRON
VICE CHAIR/CHAIR-ELECT	1.0	X	X	0	0	0
JUDY GENSHAFT
IMMEDIATE PAST CHAIR	1.0	X	X	0	0	0
LESLIE WONG
SECRETARY	1.0	X	X	0	0	0
ANTHONY W MARX
DIRECTOR	1.0	X		0	0	0
ANTOINE GARIBALDI
DIRECTOR	1.0	X		0	0	0
BRIAN LINNANE SJ
DIRECTOR	1.0	X		0	0	0
BRICE W HARRIS
DIRECTOR	1.0	X		0	0	0
CAROLYN A MARTIN
DIRECTOR	1.0	X		0	0	0
CHARLES MIDDLETON
DIRECTOR	1.0	X		0	0	0
CHRISTOPHER C DAHL
DIRECTOR	1.0	X		0	0	0
DAVID MAXWELL
DIRECTOR	1.0	X		0	0	0
DIANA NATALICIO
DIRECTOR	1.0	X		0	0	0
DING JO CURRIE
DIRECTOR	1.0	X		0	0	0
EDWARD AYERS
DIRECTOR	1.0	X		0	0	0
FELIX V MATOS RODRIGUEZ
DIRECTOR	1.0	X		0	0	0
GEORGE A PRUITT
DIRECTOR	1.0	X		0	0	0
GEORGE E MARTIN
DIRECTOR	1.0	X		0	0	0
HORACE MITCHELL
DIRECTOR	1.0	X		0	0	0
JAMES H MULLEN JR
DIRECTOR	1.0	X		0	0	0
JEHUDA REINHARZ
DIRECTOR	1.0	X		0	0	0
JOSEPH AOUN
DIRECTOR	1.0	X		0	0	0
KEITH L MILLER
DIRECTOR	1.0	X		0	0	0
KEVIN P REILLY
DIRECTOR	1.0	X		0	0	0
LOREN J ANDERSON
DIRECTOR	1.0	X		0	0	0
MARK YUDOF
DIRECTOR	1.0	X		0	0	0
PAMELA B GANN
DIRECTOR	1.0	X		0	0	0
PATRICIA MCGUIRE
DIRECTOR	1.0	X		0	0	0
R GERALD TURNER
DIRECTOR	1.0	X		0	0	0
RICARDO ROMO
DIRECTOR	1.0	X		0	0	0
SALLY MASON
DIRECTOR	1.0	X		0	0	0
STEPHEN A PRIVETT SJ
DIRECTOR	1.0	X		0	0	0
SUSAN A COLE
DIRECTOR	1.0	X		0	0	0
ANDREW K BENTON
DIRECTOR	1.0	X		0	0	0
DEBRA W STEWART
DIRECTOR	1.0	X		0	0	0
GARY RHOADES
DIRECTOR	1.0	X		0	0	0
JOHN WALDA
DIRECTOR	1.0	X		0	0	0
KATHLEEN CURRY SANTORA
DIRECTOR	1.0	X		0	0	0
LOU ANNA SIMON
DIRECTOR	1.0	X		0	0	0
M VALERIANA MOELLER
DIRECTOR	1.0	X		0	0	0
MARTHA A SMITH
DIRECTOR	1.0	X		0	0	0
NATHAN O HATCH
DIRECTOR	1.0	X		0	0	0
RONALD A CRUTCHER
DIRECTOR	1.0	X		0	0	0
SCOTT PILARZ SJ
DIRECTOR	1.0	X		0	0	0
SHARON P ROBINSON
DIRECTOR	1.0	X		0	0	0
STEADMAN UPHAM
DIRECTOR	1.0	X		0	0	0
THELMA THOMPSON
DIRECTOR	1.0	X		0	0	0
BROAD MARGARET C
EX-OFFICIO	50.0		X	451352	0	233815
HARTLE TERRY
SVP GOVT & PA	50.0		X	278819	0	127746
PIPPINS SHIRLEY
SVP PROGRS & SERVS	50.0		X	335944	0	114082
TOMITZ JEFFREY A
CHIEF FINANCIAL OFFICER	50.0		X	218524	0	68752
BABBY ELLEN
VP ADVCMT & MEMBER SERV	50.0			231017	0	72626	X
BRIGGS BRUCE
FORMER VP ADMINISTRATON	50.0			240921	0	53406	X
COLLINS COLEEN
ASST VP HR & OPER SERV	50.0			188616	0	59332	X
FREEMAN KARA
CHIEF INFORMATION OFFICER	50.0			181885	0	57239	X
MALANDRA GERI
SVP LEADSHP MEMBSHP	50.0			381004	0	73484	X
MELOY ADA
GENERAL COUNSEL	50.0			231052	0	72652	X
SELBE JAMES
ASST VP LIFELONG LEARNG	50.0			178629	0	52249	X
GREEN MADELEINE F
VP INTL INITIATIVES	50.0			202492	0	63595		X
KING JACQUELINE
ASST VP CTR POLICY ANLS	50.0			150994	0	47509		X
MCDONOUGH TIMOTHY
ASST VP PUBLIC AFFAIRS	50.0			199260	0	62691		X
TIMMONS BECKY
ASST VP GOVT RELATIONS	50.0			201058	0	63167		X
VAN UMMERSEN CLAIRE
VP EFFECTIVE LEADERSHIP	50.0			244712	0	76568		X
ROBINSON SYLYIA
EXECUTIVE DIRECTOR GEDT	50.0			163800	0	0			X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	4080079	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	1298913	TotalOtherCompensation
Number Individuals GT100 K	54	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
EDUCATION TESTING SERVICE
4897 COLLECTION CENTER DR	CHICAGO	IL	60693	EDUCATION RESEARCH	1084675
PILLSBURY WINTHROP SHAW PITTMAN LLP
PO BOX 601240	CHARLOTTE	NC	28260	LEGAL SERVICES	409503
CMGRP INC
PO BOX 7247-6593	PHILADELPHIA	PA	19170	PR SERVICES	385398
MARINER SYSTEM INC
1670 S AMPHLETT BLVD SUITE 300	SAN MATEO	CA	94402	APPLICATIONS MGMT	310800
LARSONALLEN LLP
PO BOX 643637	CINCINNATI	OH	45264	FINANCIAL CONSULTING	298222

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	12	NumberOfContractorsGT100K
Membership Dues	6254543	MembershipDues
Government Grants	18564755	GovernmentGrants
All Other Contributions	2389923	AllOtherContributions
Noncash Contributions	107890	NoncashContributions
Total Contributions	27209221	TotalContributions

Program Service Revenue ProgramServiceRevenue (4 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue
TESTING AND REGISTRATION FEES	900099	17007580	17007580
RENT INCOME	532000	4919722	4919722
GARAGE PARKING	812930	298269	294448	3821
SALES AND OTHER INCOME	900099	189079	189079

Field	Value	IRS element (for citing)
Total Program Service Revenue	22414650	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	685837	TotalRevenueColumn
Exclusion	$685,837	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	1250823	TotalRevenueColumn
Exclusion	$1,250,823	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	18647470	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	18591479	Securities
Other	116485	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	55991	Securities
Other	-116485	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	-60494	TotalRevenueColumn
Exclusion	-$60,494	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	1223823	GrossSalesOfInventory
Cost Of Goods Sold	1369769	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	-145946	TotalRevenueColumn
Related Or Exempt Function Income	-86774	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	-59172	UnrelatedBusinessRevenue

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	THE PRESIDENCY - PUBLICATION ADVERTISING	Description
Business Code	541800	BusinessCode
Total Revenue Column	67094	TotalRevenueColumn
Unrelated Business Revenue	67094	UnrelatedBusinessRevenue

Field	Value	IRS element (for citing)
Total Other Revenue	67094	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	51421185	TotalRevenueColumn
Related Or Exempt Function Income	22324055	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	11743	UnrelatedBusinessRevenue
Exclusion	$1,876,166	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	9069898	Total
Program Services	9069898	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	95501	Total
Program Services	95501	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	3373315	Total
Program Services	2872975	ProgramServices
Management And General	415990	ManagementAndGeneral
Fundraising	84350	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	15964161	Total
Program Services	14094846	ProgramServices
Management And General	1449649	ManagementAndGeneral
Fundraising	419666	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	1866571	Total
Program Services	1648006	ProgramServices
Management And General	169497	ManagementAndGeneral
Fundraising	49068	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	2256153	Total
Program Services	1991970	ProgramServices
Management And General	204873	ManagementAndGeneral
Fundraising	59310	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	880429	Total
Program Services	777335	ProgramServices
Management And General	79949	ManagementAndGeneral
Fundraising	23145	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	545067	Total
Program Services	541347	ProgramServices
Fundraising	3720	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	265036	Total
Program Services	142153	ProgramServices
Management And General	122883	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	65770	Total
Program Services	65770	ProgramServices

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	31154	Total
Management And General	31154	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	3069631	Total
Program Services	2800543	ProgramServices
Management And General	258862	ManagementAndGeneral
Fundraising	10226	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	16649	Total
Program Services	16649	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	746721	Total
Program Services	638698	ProgramServices
Management And General	103380	ManagementAndGeneral
Fundraising	4643	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	578193	Total
Program Services	521456	ProgramServices
Management And General	53483	ManagementAndGeneral
Fundraising	3254	Fundraising

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	812281	Total
Program Services	800630	ProgramServices
Management And General	7244	ManagementAndGeneral
Fundraising	4407	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	1806603	Total
Program Services	1749931	ProgramServices
Management And General	46401	ManagementAndGeneral
Fundraising	10271	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	1197025	Total
Program Services	1170212	ProgramServices
Management And General	26372	ManagementAndGeneral
Fundraising	441	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	193591	Total
Management And General	193591	ManagementAndGeneral

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	1594371	Total
Program Services	1247895	ProgramServices
Management And General	339080	ManagementAndGeneral
Fundraising	7396	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	138718	Total
Program Services	59654	ProgramServices
Management And General	78739	ManagementAndGeneral
Fundraising	325	Fundraising

Other Expenses OtherExpenses (3 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
REPAIRS AND MAINTENANCE	1256223	1108008	140483	7732
AWARDS TO SUBRECIPIENTS	845109	845109
MISCELLANEOUS	919230	844215	70672	4343

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	47587400	Total
Program Services	43102801	ProgramServices
Management And General	3792302	ManagementAndGeneral
Fundraising	692297	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	3578652	BOY
EOY	4761250	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	8583417	BOY
EOY	7089267	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	3539875	BOY
EOY	3342354	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	10318125	BOY
EOY	14726616	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	798428	BOY
EOY	1356404	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	29176048	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	22386669	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	7372879	BOY
EOY	6789379	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	29930794	BOY
EOY	33484877	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	494393	BOY
EOY	531581	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	1340446	BOY
EOY	1481298	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	767685	BOY
EOY	692408	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	66724694	BOY
EOY	74255434	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	8495562	BOY
EOY	9760559	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	6197580	BOY
EOY	6139594	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	4348834	BOY
EOY	4852398	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	3098340	BOY
EOY	3335831	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	22140316	BOY
EOY	24088382	EOY

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

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	38469937	BOY
EOY	44601928	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	6114441	BOY
EOY	5565124	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	44584378	BOY
EOY	50167052	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	66724694	BOY
EOY	74255434	EOY

Field	Value	IRS element (for citing)
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	31694826	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	33639716	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	26661435	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	33168594	CurrentTaxYearMinus1Year
Current Tax Year	27209221	CurrentTaxYear
Total	152373792	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	15826203	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	16169666	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	19214079	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	19497552	CurrentTaxYearMinus1Year
Current Tax Year	23634652	CurrentTaxYear
Total	94342152	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	47521029	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	49809382	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	45875514	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	52666146	CurrentTaxYearMinus1Year
Current Tax Year	50843873	CurrentTaxYear
Total	246715944	Total

Field	Value	IRS element (for citing)
Public Support Total509	246715944	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	5591973	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	8384803	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	7301447	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	7003142	CurrentTaxYearMinus1Year
Current Tax Year	1936660	CurrentTaxYear
Total	30218025	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	5591973	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	8384803	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	7301447	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	7003142	CurrentTaxYearMinus1Year
Current Tax Year	1936660	CurrentTaxYear
Total	30218025	Total

Other Income509 OtherIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	152545	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	0	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	0	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	0	CurrentTaxYearMinus1Year
Current Tax Year	0	CurrentTaxYear
Total	152545	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	53265547	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	58194185	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	53176961	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	59669288	CurrentTaxYearMinus1Year
Current Tax Year	52780533	CurrentTaxYear
Total	277086514	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.89039	PublicSupportPercentage509
Prior Year Support Percentage	0.88397	PriorYearSupportPercentage
Investment Income Percentage	0.10906	InvestmentIncomePercentage
Prior Yr Invest Income Percentage	0.11431	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

Field	Value	IRS element (for citing)
Total Grassroots Lobbying		TotalGrassrootsLobbying

Total Direct Lobbying TotalDirectLobbying

Field	Value	IRS element (for citing)
Filing Organizations Totals	204725	FilingOrganizationsTotals

Total Lobbying Expenditures TotalLobbyingExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	204725	FilingOrganizationsTotals

Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	47420813	FilingOrganizationsTotals

Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	47625538	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

Field	Value	IRS element (for citing)
Tot Lobbying Grassroot Minus Non Tx		TotLobbyingGrassrootMinusNonTx
Tot Lobby Expend Mns Lobbying Nontx		TotLobbyExpendMnsLobbyingNontx

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	605016	CurrentYearMinus3
Current Year Minus2	545122	CurrentYearMinus2
Current Year Minus1	317411	CurrentYearMinus1
Current Year	204725	CurrentYear
Total	1672274	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

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	17580955	OtherCostOrOtherBasis
Depreciation	16175893	Depreciation
Book Value	1405062	BookValue

Field	Value	IRS element (for citing)
Leasehold Improvements		LeaseholdImprovements

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	8917051	OtherCostOrOtherBasis
Depreciation	6210776	Depreciation
Book Value	2706275	BookValue

Field	Value	IRS element (for citing)
Other Land Buildings		OtherLandBuildings
Total Of Book Value Land Buildings	6789379	TotalOfBookValueLandBuildings
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
DERIVATIVE LIABILITY	$413,980
RETIREE MEDICAL BENEFIT OBLIGATION	$2,921,851

Field	Value	IRS element (for citing)
Total Of Amounts	3335831	TotalOfAmounts
Total Revenue	51421185	TotalRevenue
Total Expenses	47587400	TotalExpenses
Excess Or Deficit For Year	3833785	ExcessOrDeficitForYear
Net Unrealized GL On Investments	1986379	NetUnrealizedGLOnInvestments
Other	-$237,490	OtherAmount
Total Adjustments	1748889	TotalAdjustments
Excess Or Deficit Per FS	5582674	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	54811898	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	1986379	NetUnrealizedGainsInvestments
Donated Srvc And Use Of Facilities	24109	DonatedSrvcAndUseOfFacilities
Other Revenues	1380225	OtherRevenues
Revenue Not Rptd F990	3390713	RevenueNotRptdF990
Revenue Subtotal	51421185	RevenueSubtotal
Total Revenue Per Form990	51421185	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	49229224	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	24109	DonatedServicesUseOfFacilities
Other Expenses Included	1617715	OtherExpensesIncluded
Expenses Not Rptd F990	1641824	ExpensesNotRptdF990
Expenses Subtotal	47587400	ExpensesSubtotal
Total Expenses Per Form990	47587400	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
FIN 48 FOOTNOTE	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, 2010 AND 2009, 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 CHANGE IN NET ASSETS	SCHEDULE D, PART XI, LINE 8	GAIN ON INTEREST RATE SWAP $ 10,456 POSTRETIREMENT CHARGE OTHER THAN NET PERIODIC BENEFIT COST (247,946) ========= TOTAL: $(237,490)
RECONCILIATION OF REVENUE	SCHEDULE D, PART XII, LINE 2D	RECLASSIFICATION OF COST OF GOODS SOLD $1,369,769 GAIN ON INTEREST RATE SWAP 10,456 ========== TOTAL: $1,380,225
RECONCILIATION OF EXPENSES	SCHEDULE D, PART XIII, LINE 2D	POSTRETIREMENT CHARGE OTHER THAN NET PERIODIC BENEFIT COST $ 247,946 RECLASSIFICATION OF COST OF GOODS SOLD 1,369,769 =========== TOTAL: $ 1,617,715

Schedule F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable (7 entries)

RegionRegion	Type Of Activities ConductedTypeOfActivitiesConducted	Specific Services ProvidedSpecificServicesProvided	Total ExpendituresTotalExpenditures
Central America and the Caribbean	Program Services	INTL DEVELOPM OF EDUC	630824
Europe (Including Iceland and Greenland)	Program Services	INTL DEVELOPM OF EDUC	614216
Middle East and North Africa	Program Services	INTL DEVELOPM OF EDUC	1821276
North America	Program Services	INTL DEVELOPM OF EDUC	2508924
South America	Program Services	INTL DEVELOPM OF EDUC	613455
South Asia	Program Services	INTL DEVELOPM OF EDUC	86990
Sub-Saharan Africa	Program Services	INTL DEVELOPM OF EDUC	6411740

Field	Value	IRS element (for citing)
Total Number Of Offices	0	TotalNumberOfOffices
Total Number Of Employees	0	TotalNumberOfEmployees
Total Amount Spent	12687425	TotalAmountSpent

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (80 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
ALAMO CC DISTRICT
811 W Houston St	San Antonio	TX	78207	746002173	501(c)(3)	9680	INTERNATIONAL DEVELOPMENT
American Assoc of Com Colleges
One Dupont circle NW suite 610	Washington	DC	20036	530196569	115	41495	INTERNATIONAL DEVELOPMENT
AMERICAN UNIVERSITY
4400 Massachusetts Ave NW	Washington	DC	20016	530196549	501(c)(3)	21112	INTERNATIONAL DEVELOPMENT
APPALACHIAN STATE UNIV
John E Thomas Bldg	Boone	NC	28608	561176030	115	25609	INTERNATIONAL DEVELOPMENT
ARIZONA STATE UNIVERSITY
PO Box 873503	Temple	AZ	852873503	860196696	115	136044	INTERNATIONAL DEVELOPMENT
Bronx Community College
2155 University Avenue	Bronx	NY	10453	131988190	115	192393	INTERNATIONAL DEVELOPMENT
BROWN UNIVERSITY
PO BOX 1929	Providence	RI	02912	050258809	501(c)(3)	47875	INTERNATIONAL DEVELOPMENT
CALIFORNIA STATE UNIVERSITY FULLERTON
2600 Nutwood Ave	Fullerton	CA	92831	952081258	115	88909	INTERNATIONAL DEVELOPMENT
CLEVELAND STATE UNIVERSITY
2121 EUCLID AVE UR 320	Cleveland	OH	441152440	340966056	115	18635	INTERNATIONAL DEVELOPMENT	BLDG 55
COLORADO STATE UNIVERSITY
6015 Campus Delivery OSP	Fort Collins	CO	80523	846000545	115	55038	INTERNATIONAL DEVELOPMENT
CORNELL UNIVERSITY
PO BOX 22	Ithaca	NY	148510022	150532082	501(c)(3)	55857	INTERNATIONAL DEVELOPMENT
DUQUESNE UNIVERSITY
427 Rangos Building	Pittsburgh	PA	15282	251035663	115	131535	INTERNATIONAL DEVELOPMENT
DURHAM TECHNICAL COMM COLLEGE
1637 Lawson st	Durham	NC	27703	560792513	115	28291	INTERNATIONAL DEVELOPMENT
EASTERN MENNONITE UNIVERSITY
1200 PARK ROAD	Harrisonburg	VA	22802	540575812	501(c)(3)	108299	INTERNATIONAL DEVELOPMENT
EMORY UNIVERSITY
1599 Clifton Road 4th floor	Atlanta	GA	303224250	580566256	501(c)(3)	253407	INTERNATIONAL DEVELOPMENT
FLORIDA A&M UNIVERSITY
Controllers Office FHAC RM 201	Tallahassee	FL	32307	590977035	501(c)(3)	32332	INTERNATIONAL DEVELOPMENT
FLORIDA INTERNATIONAL UNIVERSITY
11200 SW 8th St Marc 470	Miami	FL	33199	650177616	501(c)(3)	75322	INTERNATIONAL DEVELOPMENT
GEORGE MASON UNIVERSITY
4400 University Drive	Fairfax	VA	22030	540836354	501(c)(3)	9832	INTERNATIONAL DEVELOPMENT
GEORGE WASHINGTON UNIVERSITY
44983 Knoll Square	Ashburn	VA	20147	530196584	501(c)(3)	36416	INTERNATIONAL DEVELOPMENT
GEORGIA STATE UNIVERSITY
PO Box 3999	Atlanta	GA	303023999	581845423	115	642618	INTERNATIONAL DEVELOPMENT
HILLSBOROUGH COMMUNITY COLLEGE
PO Box 31127	Tempa	FL	336313127	591219841	115	28820	INTERNATIONAL DEVELOPMENT
HOUSTON COMMUNITY COLLEGE
3100 MAIN STREET	Houston	TX	77002	741709152	115	7833	INTERNATIONAL DEVELOPMENT
ILLINOIS INSTITUTE OF TECHNOLOGY
Controllers Office Lockbox 95152	Chicago	IL	60694	362170136	501(c)(3)	75606	INTERNATIONAL DEVELOPMENT
INDIANA UNIVERSITY
PO Box 66057	Indianapolis	IN	462666057	356001673	115	13782	INTERNATIONAL DEVELOPMENT
INDIANA UNIVERSITY
400 E 7TH ST Room 436	Bloomington	IN	47408	352134409	115	27553	INTERNATIONAL DEVELOPMENT
Jobs for the Future
2000 Pennsylvania Ave NW suite 530	Washington	DC	20006	061164568	501(c)(3)	176791	INTERNATIONAL DEVELOPMENT
JOHNS HOPKINS UNIVERSITY
12529 Collections Center Drive	Chicago	IL	60693	520595110	501(c)(3)	727881	INTERNATIONAL DEVELOPMENT	JHU Central Lockbox
KANSAS STATE UNIVERSITY
10 Anderson Hall	Manhattan	KS	665060108	480771751	115	59883	INTERNATIONAL DEVELOPMENT	SUITE 610
MARYVILLE UNIV OF ST LOUIS
650 MARYVILLE UNIVERSITY DRIVE	St Louis	MO	63141	430653369	501(c)(3)	122411	INTERNATIONAL DEVELOPMENT
MASSACHUSETTS INSTIT OF TECHNOLOGY
77 MASSACHUSETTS AVE 9-325	Cambridge	MA	02139	042103594	501(c)(3)	46160	INTERNATIONAL DEVELOPMENT
MICHIGAN STATE UNIVERSITY
301 Admin Bldg	East Lansing	MI	48824	386005984	115	233413	INTERNATIONAL DEVELOPMENT
MICHIGAN TECHNOLOGICAL UNIV
1400 TOWNSEND DRIVE	Houghton	MI	49931	386005955	501(c)(3)	51253	INTERNATIONAL DEVELOPMENT
MISSOURI SOUTHERN STATE UNIVERSITY
3950 E NEWMAN ROAD	Joplin	MO	648011595	430813540	115	229527	INTERNATIONAL DEVELOPMENT
NORTH DAKOTA STATE UNIVERSITY
GRANT CONTRACT ACCNTG NDSU	Fargo	ND	581086050	456002439	115	41823	INTERNATIONAL DEVELOPMENT	Dept 3130
OHIO STATE UNIVERSITY
RESEARCH FOUNDATION	Columbus	OH	432101063	316025986	115	187674	INTERNATIONAL DEVELOPMENT	1960 Kenny Rd
OHIO UNIVERSITY
GRANTS CONTRACTS ACCTG	Athens	OH	45701	316402113	501(c)(3)	93200	INTERNATIONAL DEVELOPMENT	280 HDL Center
OKLAHOMA STATE UNIVERSITY
GRANTS CONTRACTS FINANCIAL ADM	Stillwater	OK	74074	736017987	115	9219	INTERNATIONAL DEVELOPMENT	401 Whitehurst Hall
OREGON STATE UNIVERSITY
OFFICE OF POST AWARD ADMIN	Corvallis	OR	97331	481278540	115	6520	INTERNATIONAL DEVELOPMENT	306B Kerr Administration
RESEARCH FOUNDATION OF SUNY
PO BOX 9	Albany	NY	122010009	141368361	501(c)(3)	105119	INTERNATIONAL DEVELOPMENT
ROCHESTER INSTITUTE OF TECHNOLOGY
7 LOMB MEMORIAL DRIVE	Rochester	NY	146235608	160743140	501(c)(3)	73908	INTERNATIONAL DEVELOPMENT
San Diego Comm College Dist
3375 CAMINO DEL RIO SOUTH	San Diego	CA	92108	952644299	115	9472	INTERNATIONAL DEVELOPMENT
SOUTH CAROLINA STATE UNIVERSITY
ATTN CONTROLLERS OFFICE	Orangeburg	SC	29117	576000950	115	193091	INTERNATIONAL DEVELOPMENT	300 College Ave
SOUTHERN UNIV SYSTEM
AGRICULTURAL RESEARCH EXT CTR	Baton Rouge	LA	70813	726000817	501(c)(3)	50000	INTERNATIONAL DEVELOPMENT	PO Box 10010
SOUTHWESTERN UNIVERSITY SCHOOL OF LAW
ACCTG OFFICE 3050 Wilshire Blvd	Los Angeles	CA	90010	951246140	501(c)(3)	97626	INTERNATIONAL DEVELOPMENT
ST LOUIS UNIVERSITY
SPONSORED PROGRAM	St Louis	MO	63104	430654872	501(c)(3)	29375	INTERNATIONAL DEVELOPMENT	3700 West Pine
SYRACUSE UNIVERSITY
OFFICE OF SPONSORED ACCTG	Syracuse	NY	13244	150532081	501(c)(3)	52343	INTERNATIONAL DEVELOPMENT
TEXAS A&M UNIVERSITY
2147 TAMUS	College Station	TX	778432147	746000531	501(c)(3)	5627	INTERNATIONAL DEVELOPMENT
THUNDERBIRD SCHOOL OF GLOBAL MANAGEMENT
1 GLOBAL PLACE	Glendale	AZ	85306	860105586	501(c)(3)	10532	INTERNATIONAL DEVELOPMENT
TROY UNIVERSITY
159 ADAMS ADMINISTRATION BLDG	Troy	AL	36082	636001102	501(c)(3)	13107	INTERNATIONAL DEVELOPMENT
TUFTS UNIVERSITY
136 HARRISON AVE	Boston	MA	021111817	042103634	501(c)(3)	24110	INTERNATIONAL DEVELOPMENT
TULANE UNIVERSITY
GRANTS CONTRACTS ACCOUNTING	Harahan	LA	70123	720423889	501(c)(3)	180083	INTERNATIONAL DEVELOPMENT	800 East Commerce Rd
TUSKEGEE UNIVERSITY
GRANTS CONTRACT ACCOUNTING	Tuskegee	AL	36088	630288878	501(c)(3)	44262	INTERNATIONAL DEVELOPMENT	Carnegie Hall 4th Fl
UNIV OF ALABAMA AT BIRMINGHAM
1530 3RD AVE S AB990	Birmingham	AL	35294	636005396	115	35664	INTERNATIONAL DEVELOPMENT
UNIV OF ARIZONA
SPONSORED PROJECTS SERVICES	Tucson	AZ	857223520	742652689	115	239249	INTERNATIONAL DEVELOPMENT	PO Box 3520
UNIV OF CALIF AT LOS ANGELES
10264 BUNCHE HALL	Los Angeles	CA	90095	956006143	115	48494	INTERNATIONAL DEVELOPMENT
UNIV OF CINCINNATI
PO BOX 694031	Cincinnati	OH	452691031	316000989	115	54967	INTERNATIONAL DEVELOPMENT
UNIV OF COLORADO BOULDER
SPONSORED PROJECTS ACCOUNTING	Boulder	CO	803090574	846000555	115	17068	INTERNATIONAL DEVELOPMENT
UNIV OF CONNECTICUT
OFFICE FOR SPONSORED PROGRAMS	Storrs	CT	062691133	060772160	115	33025	INTERNATIONAL DEVELOPMENT	438 Whitney Re Ext Unit 113
UNIV OF DENVER
GRANTS CONTRACT	Denver	CO	80208	840404231	115	26481	INTERNATIONAL DEVELOPMENT	2199 E University Blvd
UNIV OF FLORIDA
FINANCE ACCTG - CONTRACTS	Gainesville	FL	32611	591867557	115	316086	INTERNATIONAL DEVELOPMENT	PO Box 113001
UNIV OF GEORGIA
CONTRACTS GRANTS DIVISION	Athens	GA	306025333	586001998	115	147821	INTERNATIONAL DEVELOPMENT	475 N Lumpkin St
UNIV OF HAWAII
2530 DOLE STREET SAK-D200	Honolulu	HI	96822	996000354	115	91049	INTERNATIONAL DEVELOPMENT
UNIV OF LOUISIANA AT LAFAYETTE
PO BOX 40400	Lafayette	LA	70504	726000820	115	68510	INTERNATIONAL DEVELOPMENT
UNIV OF MASSACHUSETTS BOSTON
100 MORRISSEY BLVD	Boston	MA	02125	043167352	115	56250	INTERNATIONAL DEVELOPMENT
UNIV OF MICHIGAN
3089 WOLVERINE TOWER	Ann Arbor	MI	481091287	386006309	115	75435	INTERNATIONAL DEVELOPMENT	3003 S State St
UNIV OF PITTSBURGH
3100 CATHEDRAL OF LEARNING	Pittsburg	PA	15260	250965591	115	492756	INTERNATIONAL DEVELOPMENT
UNIV OF SAN DIEGO
5998 ALCALA PARK	San Diego	CA	921102492	952544535	115	91544	INTERNATIONAL DEVELOPMENT
UNIV OF SOUTHERN CALIFORNIA
SPONSORED PROJECTS ACCOUNTING File	Los Angeles	CA	900742095	951642394	115	16042	INTERNATIONAL DEVELOPMENT	SUITE 203
UNIV OF SOUTHERN MAINE
96 FALMOUTH ST PO Box 9300	Portland	ME	04104	016000769	115	37318	INTERNATIONAL DEVELOPMENT
UNIV OF TEXAS AT AUSTIN
OFFICE OF ACCOUNTING GRANTS CONT	Austin	TX	787137159	746000203	115	37257	INTERNATIONAL DEVELOPMENT	PO Box 7159
UNIV OF TEXAS AT EL PASO
OFC OF CONTRACT GRANTS ACCOUNTING	El Paso	TX	79968	746000813	115	103529	INTERNATIONAL DEVELOPMENT
UNIV OF VERMONT
GRANTS CONTRACT ADMIN AVCS	Burlington	VT	05405	030179440	115	16741	INTERNATIONAL DEVELOPMENT	85 S Prospect St
UNIV OF WISCONSIN
OFC OF RESEARCH SPONSORED PROGRAM	Madison	WI	53715	396006492	115	39519	INTERNATIONAL DEVELOPMENT	21 N Park St Suite 6401
UTAH STATE UNIVERSITY
CONTROLLERS OFFICE 400 Old Main Hi	Logan	UT	843222400	876000528	115	127533	INTERNATIONAL DEVELOPMENT
VIRGINIA POLYTECHNIC INST & STATE UNIV
OFFICE OF SPONSORED PROGRAMS	Blacksburg	VA	24060	546001805	501(c)(3)	282431	INTERNATIONAL DEVELOPMENT	1880 Praatt Dr Suite 2006
WEST VIRGINIA UNIVERSITY
PO BOX 6002	Morgantown	WV	26506	550665758	115	45454	INTERNATIONAL DEVELOPMENT
WESTERN ILLINOIS UNIVERSITY
ONE UNIVERSITY CIRCLE	Macomb	IL	614551390	370910458	115	29914	INTERNATIONAL DEVELOPMENT	Sherman Hall 216
WHEELOCK COLLEGE
200 RIVERWAY	Boston	MA	02215	042103639	501(c)(3)	15241	INTERNATIONAL DEVELOPMENT
WILLIAM DAVIDSON INSTITUTE
UNIVERSITY OF MICHIGAN BUSINES SCH	Ann Arbor	MI	481091234	383048086	501(c)(3)	591587	INTERNATIONAL DEVELOPMENT	724 E University Ave
YOUTHBUILD INTERNATIONAL USA
58 DAY STREET	SOMERVILLE	MA	02144	223076454	501(c)(3)	477456	INTERNATIONAL DEVELOPMENT

Field	Value	IRS element (for citing)
Total Nbr Of501 C3 And Govt Grants	80	TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations	0	TotalNbrOfOtherOrganizations

Form990 Schedule I Part III Form990ScheduleIPartIII

Field	Value	IRS element (for citing)
Type Of Grant	HIGHER EDUCATION	TypeOfGrant
Number Of Recipients	3	NumberOfRecipients
Amount Of Cash Grant	95501	AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	MONITORING THE USE OF GRANT FUNDS	Identifier
Return Reference	FORM 990, SCHEDULE I, PART I, LINE 2	ReturnReference
Explanation	THE AMERICAN COUNCIL ON EDUCATION (ACE), HIGHER EDUCATION FOR DEVELOPMENT UNIT (HED) RECEIVES FUNDING FROM THE UNITED STATES AGENCY FOR INTERNATIONAL DEVELOPMENT (USAID). ACE HAS A LEADER WITH ASSOCIATE AWARD FOR USAID WHEREBY A LARGE PORTION OF THE FUNDS RECEIVED ARE IN TURN DISTRIBUTED TO OTHER PARTNERSHIPS USING A COMPETITIVE AWARD PROCESS. IN EFFECT, THE FUNDS RECEIVED BY ACE ARE AWARDED TO THESE UNIVERSITY PARTNERSHIPS, WHICH ARE IN EFFECT THE SUB-RECIPIENTS OF AWARDED FUNDS FROM USAID. IN ADDITION, ACE RECEIVED A COOPERATIVE AGREEMENT FROM USAID, SOUTH AFRICA MISSION TO PROVIDE TECHNICAL ASSISTANCE AND SKILLS DEVELOPMENT TO FURTHER EDUCATION TRAINING COLLEGES (FETCS) IN SOUTH AFRICA. UNDER THIS PROJECT ACE HAS SUBAGREEMENTS WITH FOUR U.S. BASED NON-PROFIT ORGANIZATIONS, ONE SUB AGREEMENT/SUBCONTRACT WITH ONE SOUTH AFRICA BASED HEALTH CARE ORGANIZATION AND WILL BE SIGNING SUBAGREEMENTS WITH 12 FETCS IN 2011. IN ACCORDANCE WITH THE FEDERAL GOVERNMENT ADMINISTRATIVE REQUIREMENTS, ACE IS REQUIRED TO PERFORM SUB RECIPIENT MONITORING OF THE FUNDS IT RECEIVES FROM USAID 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 SUB RECIPIENT GRANT FUNDS. ACE FOLLOWS UP ON ALL A-133 AUDIT FINDINGS WITHIN SIX MONTHS AFTER THE RECEIPT OF THE SUB RECIPIENTS AUDIT REPORT. IN ACCORDANCE WITH A-133 REQUIREMENTS, ACE PERFORMS SUB RECIPIENT FINANCIAL AND PROGRAMMATIC MONITORING WHICH IS SUMMARIZED BELOW: NON-FEDERAL AUDITS/QUARTERLY REPORTS US SUB RECIPIENTS: OMB CIRCULAR A-133 REQUIRES ANY NON-FEDERAL ORGANIZATION EXPENDING $300,000 ($500,000 FOR FISCAL YEARS ENDING AFTER DECEMBER 31, 2003), 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 SUB GRANT FROM THE ACE IS REQUIRED TO CONDUCT EITHER AN INDEPENDENT AUDIT AND OR AN AUDIT CONDUCTED IN ACCORDANCE WITH THE OMB CIRCULAR A-133. FOREIGN SUB RECIPIENTS: IN ACCORDANCE WITH THE REQUIREMENTS OF THE AUTOMATED DIRECTIVES SYSTEM (ADS) 591, FOREIGN NONPROFIT ORGANIZATIONS THAT EXPEND $300,000 OR MORE DURING THEIR FISCAL YEAR IN USAID AWARDS (I.E. AS RECIPIENTS AS COST REIMBURSABLE SUBCONTRACTORS OF USAID GRANTS OR COOPERATIVE AGREEMENTS) SHALL HAVE AN ANNUAL AUDIT CONDUCTED IN ACCORDANCE WITH THE "GUIDELINES OF FINANCIAL AUDITS CONTRACTED BY FOREIGN RECIPIENTS," ISSUED BY THE USAID INSPECTOR GENERAL. ACE HAS IMPLEMENTED A DATABASE TO TRACK ITS SUB RECIPIENTS TO ENSURE A-133 REPORTS, ANNUAL AUDIT CONDUCTED IN ACCORDANCE WITH THE "GUIDELINES OF FINANCIAL AUDITS CONTRACTED BY FOREIGN RECIPIENTS," ISSUED BY THE USAID INSPECTOR GENERAL, QUARTERLY INVOICES AND FOREIGN TAX 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 OUR REVIEW, WE CONSIDER THE IMPACT OF ANY FINDINGS ON ACE'S OWN FINANCIAL RECORDS. TO FULFILL ITS SUB RECIPIENT MONITORING EFFORTS, ACE SENDS A LETTER (USUALLY IN THE MONTH OF JULY OR AUGUST) TO ALL AFFECTED ORGANIZATIONS MEETING THE ABOVE REQUIREMENTS THAT HAVE NOT SUBMITTED THEIR A-133 REPORT. A SAMPLE OF THE LETTER SENT OUT TO THE U.S. UNIVERSITY PARTNER IS ON FILE. THIS LETTER REQUESTS THE ORGANIZATION TO CERTIFY WHETHER THEY ARE SUBJECT TO CIRCULAR A-133 AUDIT OR NOT, AND TO PROVIDE ACE WITH A COPY OF ITS CURRENT CIRCULAR A-133 AUDIT REPORT. ALL AUDIT REPORTS FOR THE PRIOR FISCAL YEAR ARE TO BE SUBMITTED TO ACE (GRANT ACCOUNTANT - ACCOUNTING & REPORTING). A-133 REPORTS RECEIVED ARE ENTERED INTO THE DATABASE SYSTEM WITH THE DATE OF RECEIPT. ACE SENDS FOLLOW-UP LETTERS TO ALL ORGANIZATIONS THAT HAVE NOT SUBMITTED AN A-133 AUDIT REPORTS BEFORE NOVEMBER 30. ANNUALLY, ACE'S BUDGET FUNDS FOR PARTNERSHIP SITE VISITS THAT ARE PLANNED AS PART OF ITS SUB-RECIPIENT MONITORING PROCESS. DURING THE SITE VISITS, THE GRANTS AND CONTRACTS STAFF REVIEW FINANCIAL RECORDS (I.E. QUARTERLY FINANCIAL AND COST SHARE REPORTS) AND OBTAIN SUPPORTING DOCUMENTATION TO SUBSTANTIATE THE AMOUNTS REPORTED TO ACE. IN ADDITION, PLANS ARE IN PLACE FOR THE DEVELOPMENT AND IMPLEMENTATION OF AN ELECTRONIC INVOICE SUBMISSION SYSTEM IN FY 2010. THE SYSTEM WILL ENHANCE SUB RECIPIENTS' TO SUBMIT THEIR QUARTERLY INVOICES AND COST SHARE REPORTS IN A TIMELY MANNER. PROGRAM ASSOCIATES MONITORING EFFORTS PROGRAM ASSOCIATES AT THE HED OFFICE ARE ALSO RESPONSIBLE FOR MONITORING RESULTS FOR THEIR SPECIFICALLY ASSIGNED SUB-AWARD AGREEMENTS. A PROGRAM MANAGEMENT MANUAL HAS BEEN DEVELOPED FOR PROGRAM MANAGEMENT STAFF THAT INCLUDES PARTNERSHIP-MONITORING PROCEDURES. 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 WITH AN EXPECTED OUTCOME. HED COMPILES MONTHLY PROGRAM MONITORING REPORTS FOR PARTNERSHIPS SUPPORTED BY MEPI (THE MIDDLE EAST PARTNERSHIP INITIATIVE), SEMI-ANNUAL REPORTS FOR USAID/DC AND USAID MEXICO. EACH HAS A FORMAT AND SCHEDULE DETERMINED IN CONSULTATION WITH THE CTO (COGNIZANT TECHNICAL OFFICER) AND IN COMPLIANCE WITH THE PROVISION OF THE LEADER OR ASSOCIATE COOPERATIVE AGREEMENT. REPORTING TEMPLATES SENT TO PARTNERSHIP DIRECTORS ARE REVIEWED BY HED'S DIRECTOR OF REPORTING AND ASSESSMENT 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 ASSOCIATE - SITE VISITS TO SELECTED PARTNERSHIPS FOR INTENSIVE MONITORING - PERIODIC IMPACT ASSESSMENTS (FOR EXAMPLE, HED STAFF TRAVELED TO MEXICO DURING THE FALL 2010 TO VISIT 8 PARTNERSHIPS. REPORTS FOR THE RESULTS OF MONITORING ACTIVITIES ARE INCLUDED IN THE SEMI-ANNUAL REPORTS TO USAID. SEPARATE REPORTS ARE PREPARED TO DESCRIBE THE IMPACT ASSESSMENT STUDIES. THE PROGRAM ASSOCIATES ALSO MONITOR SUBMISSION OF THE QUARTERLY FINANCIAL EXPENDITURE REPORTS AS WELL AS 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. ANY FUNDS NOT SPENT WITHIN THE BUDGETED PERIOD WILL BE RE-ALLOCATED UNLESS A NO COST EXTENSION IS REQUESTED AND GRANTED. THE PROGRAM ASSOCIATES AND FINANCE STAFF REVIEW ALL EXPENDITURE REPORTS FOR COMPLIANCE WITHIN THE AWARD'S STATEMENT OF WORK AND FOR COST ALLOWABILITY. WHEN EACH PARTNERSHIP CLOSES, HED REVIEWS AND ACKNOWLEDGES THE FINAL REPORT AND SUBMITS FINAL VOUCHERS FROM THE SUB-AGREEMENT HOLDER FOR FINAL PAYMENT. COPIES OF FINAL REPORTS ARE SUBMITTED TO USAID TWICE ANNUALLY AS ATTACHMENTS TO THE 6 MONTH REPORTS. PROGRAM COORDINATOR MONITORING EFFORTS FOR THE SOUTH AFRICA PROJECT PROGRAM COORDINATOR AT CII FOR THE SOUTH AFRICA PROJECT IS THE PERSON RESPONSIBLE FOR MONITORING EFFORTS FOR ASSIGNED SUB-AWARD AGREEMENTS. EACH SUB-COOPERATIVE AGREEMENT DOCUMENT DESCRIBES THE SPECIFIC MONITORING AND REPORTING REQUIREMENTS. THE PROGRAM COORDINATOR ASSISTS WITH OVERALL MANAGERIAL SUPPORT UNDER THE AWARD FOR ALL U.S. IMPLEMENTING PARTNERS, ENSURING THAT FUNDS ARE ADMINISTERED IN ACCORDANCE WITH THE TERMS AND CONDITIONS IN THE AWARD DOCUMENT DATED MARCH 1, 2009, AND AUDIT REQUIREMENTS FOR RECIPIENTS AND SUB-RECIPIENTS OF FEDERAL AWARDS ARE MET. IN THIS REGARD, THE PROGRAM COORDINATOR 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. THE PROGRAM COORDINATOR ALSO MONITORS SUBMISSION OF THE QUARTERLY EXPENDITURE REPORTS AS WELL AS QUARTERLY COST SHARE REPORTS. THESE EXPENDITURE REPORTS ARE COMPARED AGAINST THE BUDGET IN THE SUB-AGREEMENT. ANY AMOUNTS OVER THE BUDGETED CATEGORIES ARE DISALLOWED UNLESS A BUDGET RE-ALLOCATION IS REQUESTED. ANY FUNDS NOT SPENT WITHIN THE BUDGETED PERIOD WILL BE RE-ALLOCATED UNLESS A NO COST EXTENSION IS REQUESTED AND GRANTED. THE PROGRAM COORDINATOR WORKS WITH ACE FINANCE STAFF TO REVIEW ALL EXPENDITURE REPORTS FOR COMPLIANCE WITHIN THE AWARD'S STATEMENT OF WORK AND FOR COSTS. THE MONITORING ACTIVITIES DESCRIBED ABOVE IS THE SAME FOR UNITED STATES AND OVERSEAS GRANTEES, EXCEPT THAT OVERSEA SUB-GRANTEES ARE NOT REQUIRED TO SUBMIT A-133 AUDIT REPORTS BUT ANNUAL AUDIT REPORTS CONDUCTED IN ACCORDANCE WITH THE "GUIDELINES	Explanation

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 (17 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
413300	0	0	0	38052	0	59400	0	174415	0	685167	0	0	0
HARTLE TERRY
258930	0	0	0	19889	0	59400	0	68346	0	406565	0	0	0
PIPPINS SHIRLEY
245128	0	60000	0	30816	0	23000	0	91082	0	450026	0	0	0
TOMITZ JEFFREY A
201900	0	0	0	16624	0	26208	0	42544	0	287276	0	0	0
GREEN MADELEINE F
163517	0	0	0	38975	0	25518	0	38077	0	266087	0	0	0
KING JACQUELINE
117919	0	0	0	33075	0	19092	0	28417	0	198503	0	0	0
MCDONOUGH TIMOTHY
172646	0	10000	0	16614	0	24670	0	38021	0	261951	0	0	0
TIMMONS BECKY
195859	0	0	0	5199	0	24079	0	39088	0	264225	0	0	0
VAN UMMERSEN CLAIRE
222254	0	0	0	22458	0	28025	0	48543	0	321280	0	0	0
BABBY ELLEN
192984	0	0	0	38033	0	27780	0	44846	0	303643	0	0	0
BRIGGS BRUCE
167016	0	0	0	73905	0	20420	0	32986	0	294327	0	0	0
COLLINS COLEEN
155474	0	0	0	33142	0	22689	0	36643	0	247948	0	0	0
FREEMAN KARA
172674	0	0	0	9211	0	21963	0	35276	0	239124	0	0	0
MALANDRA GERI
173431	0	60000	0	147573	0	1463	0	72021	0	454488	0	0	0
MELOY ADA
193205	0	0	0	37847	0	27917	0	44735	0	303704	0	0	0
SELBE JAMES
151576	0	0	0	27053	0	20277	0	31972	0	230878	0	0	0
ROBINSON SYLYIA
0	0	0	0	163800	0	0	0	0	0	163800	0	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII (2 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: MALANDRA, GERI - $123,229 BRIGGS, BRUCE - $ 57,330 SYLVIA ROBINSON - $163,800
RETIREMENT PLAN	SCHEDULE J, PART I, LINE 4B	THE FOLLOWING EMPLOYEES PARTICIPATED IN A IRC SECTION 457(F)PLAN: MARGARET BROAD TERRY HARTLE SHIRLEY PIPPINS

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
Number Of Contributions	1	NumberOfContributions
Noncash Contribs Rptd F990	107890	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
Number Of8283 Received	0	NumberOf8283Received
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 (7 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
OTHER PROGRAM SERVICES	FORM 990, PART III, LINE 4D	BUILDING OPERATIONS AND OTHER ANCILLARY SERVICES - WITHIN THE NATIONAL HIGHER EDUCATION LOCATED ON ONE DUPONT CIRCLE, THE AMERICAN COUNCIL ON EDUCATION'S FACILITIES AND OFFICE SERVICES (FOS) OVERSEES THE MANAGEMENT OF THE BUILDING/ PREMISES AND ACE'S PRESIDENT'S RESIDENCE. FOS MANAGEMENT INCLUDES BUT IS NOT LIMITED TO THE HOUSING OF SIXTEEN MEMBER ORGANIZATIONS AND THREE COMMERCIAL TENANTS, PLANNING, PROGRAMMING AND BUDGETING FOR ALL ASPECTS OF PREMISES, LEASE ADMINISTRATION AND PROPERTY MANAGEMENT. FOS ALSO MANAGES ACCESS AND SECURITY OF THE BUILDING, PARKING GARAGE MAINTENANCE AND UP KEEP, CONFERENCE ROOM COORDINATION, AND ALL OF THE DAY TO DAY OPERATIONS AND MAINTENANCE OF THE FACILITY. OTHER ANCILLARY SERVICES ARE MANAGED BY THE PROCUREMENT AND DOCUMENT SOLUTIONS CENTER (PDSC). 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, SHIPPING AND WALK-UP COPIERS. SERVICES PROVIDED TO THE GEDTS INCLUDE CONTRACT MANAGEMENT, INVOICING, ACCOUNTS RECEIVABLE COLLECTIONS, TESTS DISTRIBUTION, FULFILLMENT AND CONTACT CENTER SUPPORT. POLICY ANALYSIS AND RESEARCH - CONDUCTS RESEARCH AND CONVENES RESEARCHERS AND POLICY MAKERS TO STUDY ISSUES OF INTEREST TO ACE MEMBERS, THE MEDIA, AND 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 SPRING MEETING OF THE BOARD OF DIRECTORS 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 QUESTIONNAIRE 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 OFFICIALS	FORM 990, PART VI, SECTION B, LINE 15A	BEGINNING IN THE SPRING, ACE'S COMPENSATION COMMITTEE, THROUGH THE ASSISTANT VICE PRESIDENT OF HUMAN RESOURCES AND OPERATIONS SERVICES, 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 AND OPERATIONS SERVICES 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. THE PRESIDENT (CEO) - PROCESS LAST UNDERTAKEN IN SEPTEMBER 2010.
COMPENSATION REVIEW FOR 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 AND OPERATIONS SERVICES, WILL UTILIZE 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) IN THE ODD-NUMBERED YEARS. THE COMPENSATION PHILOSOPHY IN THE ACE EMPLOYEE HANDBOOK IS THE GUIDING POLICY. EACH SEPTEMBER, THE FOLLOWING INDEPENDENT INDIVIDUALS WILL MEET TO REVIEW THE DATA, ANNUAL PERFORMANCE REVIEW AND PROPOSED SALARY ADJUSTMENT FOR EACH KEY EMPLOYEE: PRESIDENT, ASSISTANT VICE PRESIDENT FOR HUMAN RESOURCES AND OPERATIONS AND THE AREA SENIOR VICE PRESIDENT. (THE ASSISTANT VICE PRESIDENT SHALL NOT BE PRESENT FOR REVIEW OF HER OWN PROPOSED SALARY.) THE ASSISTANT VICE PRESIDENT KEEPS MINUTES OF THE MEETINGS AND RETAINS THEM IN FILES OF THE RELEVANT KEY EMPLOYEE AND IN A FILE OF KEY EMPLOYEE COMPENSATION DECISIONS MAINTAINED BY THE ASSISTANT VICE PRESIDENT FOR AUDIT/GOVERNANCE PURPOSES. THE COUNCIL ALSO PROVIDES THE COMPENSATION COMMITTEE OF THE BOARD WITH AN OPPORTUNITY TO REVIEW LEVELS OF COMPENSATION FOR EACH OF THESE INDIVIDUALS. THE COMPENSATION COMMITTEE APPROVED COMPENSATION LEVELS FOR THE COUNCIL'S OFFICERS AND KEY EMPLOYEES SEPTEMBER 2010 AND DOCUMENTED ITS APPROVAL IN THE MINUTES. OTHER OFFICERS - PROCESS LAST UNDERTAKEN IN SEPTEMBER 2010 SENIOR VICE PRESIDENT, DIVISION OF GOVERNMENT AND PUBLIC AFFAIRS SENIOR VICE PRESIDENT, PROGRAMS AND SERVICES CHIEF FINANCIAL OFFICER, TREASURER KEY EMPLOYEES - PROCESS LAST UNDERTAKEN IN SEPTEMBER 2010 VICE PRESIDENT, ADVANCEMENT AND MEMBER SERVICES ASSISTANT VICE PRESIDENT, HUMAN RESOURCES AND OPERATIONS SERVICES CHIEF INFORMATION OFFICER GENERAL COUNSEL ASSISTANT VICE PRESIDENT, LIFELONG LEARNING EXECUTIVE DIRECTOR, HIGHER EDUCATION FOR DEVELOPMENT VICE PRESIDENT AND EXECUTIVE DIRECTOR, GEDTS.
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.