2011-06-27T16:46:04-05:00 2010-09-30 ROSE SNYDER & JACOBS 15821 VENTURA BLVD SUITE 490 ENCINO CA 91436 990 2009-10-01 770054631 the ronald reagan presidential FOUNDATION RONA 8055222977 40 PRESIDENTIAL DRIVE No 200 SIMI VALLEY CA 930650600 Glenn baker 8055222977 2011-06-24 1 CRAIG M FRYE 8184610600 2009 2016-02-24 21:20:13Z JOHN HEUBUSCH 40 PRESIDENTIAL DRIVE SIMI VALLEY CA 930650600 68289894 0 X WWW.REAGANLIBRARY.COM X 1985 CA THE RONALD REAGAN PRESIDENTIAL FOUNDATION'S PRIMARY EXEMPT PURPOSE IS TO RECEIVE AND ADMINISTER FUNDS FOR AND TO CAUSE, DESIGN, CONSTRUCT, ESTABLISH, MAINTAIN, OPERATE, AND SUPERVISE A PRESIDENTIAL LIBRARY, A MUSEUM, AN AIR FORCE ONE PAVILION, A CENTER FOR PUBLIC AFFAIRS, AND A PRESIDENTIAL LEARNING CENTER. 24 24 111 0 10141 0 11120822 36218543 2036535 1964913 -360580 2091181 3200878 2526389 15997655 42801026 55950 60250 0 1930734 3457653 898936 1023511 5142598 12296946 15743453 15182566 20284867 815089 22516159 206725177 236663740 2296282 4238192 204428895 232425548 The mission of the Ronald Reagan Presidential Foundation is to promote Ronald Reagan's legacy and the principles he championed, through educational programming, community outreach, public speeches and debates and exhibitry, which not only teach visitors about our nation's 40th President and the policies he created while in office, but to also show the importance and the impact of these policies and how they continue to affect the guiding principles that govern us today. Through our fundraising efforts, donors help the Foundation to continue his work and to shape the leaders of tomorrow. Almost 345,000 visitors came up to the Library's hilltop, of which over 58,000 were school children. 0 0 649567 412404 [Center For Public Affairs]A forum of ideas where influential leaders from government, business, the media and academia apply the lessons learned during Ronald Reagan's remarkable PresidencyReagan Forum Participants> Richard Brookhiser (Author); 10/5/09> Craig Shirley(Author): 11/12/09> Michael Steele (RNC Chairman): 1/13/09> Howie Franklin (Air Force One Flight Steward): 2/8/09> Anderson Cooper (Host, CNN): 2/19/09> Mark Levin (Author and Radio Talk Show Host): 3/5/09> Jeffrey Immelt (CEO, GE); 3/17/10> Karl Rove (Former White House Deputy Chief of Staff); 3/26/10> Sean Hannity (Host, Fox News): 3/30/09> Mort Zuckerman (Editor-in-Chief, U.S. News and World Report); 4/13/10> Grover Norquist (Chairman, Americans for Tax Reform); 4/28/10> Michael Ramirez (Political Cartoonist): 6/14/09> Mark Halperin and John Heilemann (Authors); 6/23/10> Chris Matthews (Host, MSNBC): 7/20/09> Ben Stein (Author, Political Commentator); 9/21/10Perspectives on Leadership Participants> Laura Bush (Former First Lady): 5/12/09Annual Reagan Lecture Participant> Mitt Romney (Former Governor): 5/25/09Live Radio and Television Broadcast Participants> Sean Hannity (Host, Fox News): 3/30/09> Dennis Prager (Radio Host, The Dennis Prager Show): 6/10/09Special Events> 20th Anniversary of the Fall of the Berlin Wall Conference: On November 6, 2009, the Ronald Reagan Presidential Foundation and the Heritage Foundation co-sponsored a conference at the Reagan Library to commemorate Ronald Reagan's role in the fall of the Berlin Wall and the end of communism. Panelist speakers during the day-long conference included: Richard Allen (former National Security Advisor), John Lehman, Jr. (former U.S. Secretary of the Navy), Edwin Meese (Former U.S. Attorney General), Peter Robinson (Former White House speechwriter), George Shultz (Former Secretary of State), Leszek Balcerowicz (Former Deputy Prime Minister of Poland), Steve Forbes (Editor-in-Chief of Forbes), Vaclav Klaus (President of the Czech Republic), Mart Laar (Former Prime Minister of Estonia), Lord Charles Powell (Former private secretary to Margaret Thatcher), Temuri Yakobashvili (State Minister for Reintegration, Georgia), Edward Lucas (The Economist), Peter Brookes (Heritage), Lee Edwards (Heritage), Robin Harris (Heritage), John O'Sullivan (former adviser to Margaret Thatcher), Richard Pipes (Harvard), and Matthew Kaminski (Wall Street Journal). In addition to the 750 people who watched the conference live, over 60,000 people watched portions of it over the internet.> Ronald Reagan Day Bill Signing: On July 28, 2010, Mrs. Ronald Reagan stood next to Governor Arnold Schwarzenegger at the Reagan Library as he held a ceremonial bill signing for SB 944 by Senator George Runner and AB 1911 by Assembly Republican Leader Martin Garrick honoring President Ronald Reagan for his life's accomplishments and his contributions to California. > September 11th Freedom Walk: On the 9th anniversary of the terrorist attacks on September 11, 2001, the Reagan Library joined forces with MilitaryConnection.com to remember the victims who lost their lives and to honor our troops and Veterans associated with these times. Over 1,500 people participated in the 1.8 mile walk from the Library to a local community park. <The Year Ahead: FY 2011>FY2011 Reagan Forums > Condoleezza Rice (Former Secretary of State); 10/19/10> George W. Bush (Former President of the United States); 11/18/10> Steve Forbes (Chairman, Forbes Inc); 1/28/11> Scott Brown (Massachusetts Senator); 2/25/11> Donald Rumsfeld (Former Secretary of Defense); 3/16/11> James Q. Wilson (Professor of Public Policy); 3/22/11FY2011 Book Signings > Vince Flynn (Author); 10/20/10> Mike Huckabee (Former Governor of Arkansas); 11/29/10> Ron Reagan; 2/28/11> Michael Reagan; 3/8/11> Quentin Del Wilbur (Author); 4/4/11FY2011 Ronald Reagan Centennial Activities> Academic Symposium with USC, featuring Tom Brokaw, Douglas Brinkley, Pete Wilson, and Lou Cannon; 2/2/11> Concert for America - a Tribute to Ronald Reagan; 2/5/11> Book Signing with Newt and Callista Gingrich; 2/7/11 1107302 60250 0 [Presidential Learning Center]> A place where school children are inspired to learn about this country's great legacy of presidential leadership and the importance character plays in our democracy.> Air Force One Discovery Center: Over 22,000 5th through 8th grade students went through the Library's interactive and immersive educational facility known as the Air Force One Discovery Center. During this experience, students participate in role-playing exercises based upon the 1983 United States rescue mission of American students in Grenada to learn how government works and how decisions are made. Students take on the roles of important government figures like the Secretary of Defense, White House press correspondents, Chairman of the Joint Chiefs of Staff, and even the President of the United States while participating in different modules including the White House Press Room, the White House Oval Office and the U.S.S. Ronald Reagan Command Decision Center. At the end of their role playing exercises the students are treated to a "ride" on an actual Air Force One Simulator. New high school curriculum was also started this fiscal year, to be rolled out in fiscal year 2011.> Ronald Reagan Presidential Library Scholars: 160 Ventura County high school students from 25 different school comprised 2010's class of Reagan Library Scholars. $60,250 in college scholarships was awarded. > California Curriculum: The Reagan Foundation's Walter and Leonore Annenberg Presidential Learning Center department began to roll out high school curriculum based on California standards to engage students in citizenship, the presidency, and the United States Government. The first unit, "Civics and Citizenship" invites students to explore the rights and the responsibilities of citizens, and encourages students to become active, informed and engaged citizens. Two other curriculum units will roll out in the following fiscal year. > National Leadership Youth Committee: A National Youth Leadership Committee was formed to support President Reagan's Centennial celebration to ensure that President Reagan's torch of freedom is carried on for current and future generations. Representing the next generation of our nation's leaders, these 40 members aged 18-25 assist with the Reagan Centennial planning of events. Each of these young athletes, entertainers and student leaders is inspired in a personal way by President Reagan's vision of freedom and the example of his leadership. Together they have earned 18 gold medals, 11 NCAA All-American selections, 5 NCAA championships, two certified Platinum records, and numerous other awards.> Educator Night and Teacher Workshops: Multiple teacher "open houses" and curriculum workshops were offered to teachers from around the country to showcase the educational offerings of The Reagan Library. 10895243 1552509 [The Museum]The story of Ronald and Nancy Reagan and our 40th President's enduring legacyTemporary Exhibits> An American Christmas (November 18, 2009 - January 2, 2010): In this new exhibit, 24 trees were decorated to celebrate the defining moments of America's road to greatness, from the Revolutionary Era to today. Each tree reflects the life and times of American society and culture during each decade between 1700 and 2010, thus tracing the evolution of America. Through the use of lights, ornaments and decorations, each tree becomes its own piece of magnificent art. Also on display will be a collection of beautiful hand-crafted Menorahs that were given to President Reagan while in the White House.> Born to be Wild: Vintage and Celebrity Motorcycles (July 9, 2010 - November 9, 2010): This fun exhibit chronicled the history and rich tradition of motorcycle culture from around the world. This exhibit included the display of dozens of iconic movie and celebrity motorcycles as well as rare and vintage motorcycles dating back to 1899. Fun, lighthearted motorcycles rounded out the exhibit, including a motorcycle and adjoining side-car from the Jelly Belly Candy Company. > The White House in Miniature (March 15, 2010 - April 15, 2011): The Ronald Reagan Presidential Library opened a special exhibit featuring the White House Miniature, an authentic recreation of the White House measuring 50 feet long and 18 feet wide: a one-foot-to-one-inch scale. Taking over 600,000 hours of labor to create, the miniature is an amazing replica, showing visitors an intimate look into the White House - from the Lincoln bedroom to the Oval Office to tiny, working televisions to hand-carved chairs, tables and crystal chandeliers. Created by the Zweifel family, and first exhibited in 1979, the Miniature White House has been seen by over 42 million Americans.Community Events> Presidents' Day, July 4th and, Veteran's Day: The Library continued its tradition of hosting the local community to three days of music, Presidential look-alikes, children's activities and great food. These annual outreach events have become a staple for the community.> Ronald Reagan's Birthday Celebration: To honor President Reagan, President George W. Bush designated United States Marine Corps Base Camp Pendleton to place a wreath on President Reagan's gravesite on his behalf on every February 6th. The ceremony includes a 21-gun salute. Senator Elizabeth Dole was the program's keynote speaker. 691708 691708 13343820 1 1 0 0 0 0 1 0 1 1 1 0 0 0 1 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 53 0 111 1 1 1 0 0 0 0 1 1 0 0 0 24 24 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AR AZ CA CT FL GA HI IL IN KY LA ME MD MA MI MN MS MT NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VT VA WA WV WI AL AK CO KS MO X X CARY L GARMAN CPA 8055774107 40 PRESIDENTIAL DRIVE SIMI VALLEY CA 930650600 NANCY REAGAN 1.00 X 0 0 0 FREDERICK J RYAN JR 1.00 X 0 0 0 CATHERINE G BUSCH 1.00 X 0 0 0 JOHN FW ROGERS 1.00 X 0 0 0 JOE L ALLBRITTON 1.00 X 0 0 0 Rick J Caruso 1.00 X 0 0 0 MICHAEL P CASTINE 1.00 X 0 0 0 LODWRICK M COOK 1.00 X 0 0 0 STEVE FORBES 1.00 X 0 0 0 BRADFORD M FREEMAN 1.00 X 0 0 0 RUDOLPH W GIULIANI 1.00 X 0 0 0 ROBERT M HIGDON JR 1.00 X 0 0 0 JEFFREY R IMMELT 1.00 X 0 0 0 Ann McLaughlin Korologos 1.00 X 0 0 0 J TERRENCE LANNI 1.00 X 0 0 0 K RUPERT MURDOCH 1.00 X 0 0 0 Theodore B Olson 1.00 X 0 0 0 GERALD L PARSKY 1.00 X 0 0 0 JIM PATTISON 1.00 X 0 0 0 A JERROLD PERENCHIO 1.00 X 0 0 0 T BOONE PICKENS 1.00 X 0 0 0 GEORGE SHULTZ 1.00 X 0 0 0 Robert H Tuttle 1.00 X 0 0 0 PETE WILSON 1.00 X 0 0 0 JOHN D HEUBUSCH 40.00 X 438462 0 31201 GLENN BAKER 40.00 X 190192 0 35902 JOANNE M DRAKE 40.00 X 156538 0 32916 JUAN C ROS 40.00 X 158846 0 28666 HAYDEN SHAW 40.00 X 254385 0 14981 STEWART MCLAURIN 40.00 X 219759 0 19207 CARY GARMAN 40.00 X 117895 0 24547 mELISSA GILLER 40.00 X 104962 0 26813 KRISTA KOHLHAUSEN 40.00 X 120385 0 5705 KATHLEEN SWIFT 40.00 X 104962 0 16898 1866386 0 236836 10 0 1 0 Design and Production Inc 7110 Rainwater Place LORTON VA 22079 MUSEUM EXHIBIT DESIGN 2403638 Pankow Special Projects LP 3280 East Foothill Blvd Ste 100 PASADENA CA 91107 CONSTRUCTION 2069036 Gallagher & Associates 8665 Georgia Avenue SILVERSPRING MD 20910 EXHIBIT DESIGN 1210730 Cortina Productions 6623-A Old Dominion Drive MCLEAN VA 22101 MEDIA DESIGN 769414 Command Performance Catering 5273 Commerce Street 6 MOORPARK CA 93021 Food services 701275 29 36218543 2287986 36218543 AIR FORCE ONE ADMISSIO 900099 1552509 1552509 foundation special eve 900099 412404 412404 1964913 1467062 1467062 311872 311872 1427251 825372 601879 601879 601879 24218950 23594831 624119 624119 624119 2681303 1068665 1612638 1602497 10141 42801026 4191529 10141 2380813 60250 60250 1581054 683653 279721 617680 1090276 454201 392717 243358 135107 56625 63808 14674 502475 170325 151506 180644 148741 63307 39021 46413 158034 158034 72943 72943 1023511 1023511 149209 149209 2890483 2696766 193717 141900 7963 133937 356827 356827 191606 541 120076 70989 3282679 3282679 176577 176577 TAXES & FILING FEES 53970 53970 Events & exhibits 2567398 2567398 OCCUPANCY EXPENSES 1333451 1333451 PRODUCTIONS 904901 904901 POSTAGE & SHIPPING 756504 382 49025 707097 2706971 1432875 134482 1139614 20284867 13343820 1798449 5142598 44975095 20613302 22325598 28554434 1641414 4251357 1087379 1008362 397808 1097848 112881524 34701593 80172005 78179931 54720410 95025926 1405468 7932580 206725177 236663740 1313964 3469059 982318 769133 2296282 4238192 X 129507007 143521640 17553958 30372987 57367930 58530921 204428895 232425548 206725177 236663740 X 0 1 1 X 0 X 7493902 43218803 17312610 11120822 36218543 115364680 7493902 43218803 17312610 11120822 36218543 115364680 47769988 67594692 2427844 3763600 4069565 3795344 3206185 17262538 355819 1568492 318958 2243269 134870487 24123426 0.50120 0.51380 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 110700203 1162991 6731518 118594712 97178618 10830558 2691027 110700203 0.36200 0.49400 0.14400 0 0 15900000 15900000 84884375 28262220 56622155 12097149 6439373 5657776 78179931 PRIVATE EQUITY SECURITIES 1196004 F EQUITY MUTUAL FUNDS 65960610 F TRUST FUNDS HELD BY OTHERS 3547310 F FIXED INCOME MUTUAL FUNDS 18884060 F COMMODITIES MUTUAL FUNDS 5437942 F 95025926 42801026 20284867 22516159 5480494 5480494 27996653 51176513 5480494 2894993 8375487 42801026 0 42801026 23179860 2894993 2894993 20284867 0 20284867 Part III, Line 4: NATIONAL ARCHIVES AND RECORDS ADMINISTRATION ("NARA") MAINTAINS THE COLLECTION FOR THE FOUNDATION. UPON COMPLETION OF THE LIBRARY'S CONSTRUCTION IN 1991, NARA ASSUMED RESPONSIBILITY FOR THE OPERATION, SECURITY AND MAINTENANCE OF THE LIBRARY AS A PRESIDENTIAL ARCHIVAL DEPOSITORY. HOWEVER, THE OPERATION AND MAINTENANCE OF CERTAIN PORTIONS OF THE LIBRARY, INCLUDING THE AREAS DESIGNED FOR THE MUSEUM STORE, THE AIR FORCE ONE PAVILION AND THE FOUNDATION OFFICES REMAIN THE RESPONSIBILITY OF THE FOUNDATION. ACCOUNTS RECEIVABLE FROM NARA AMOUNTED TO $300,364 AT SEPTEMBER 30, 2010. Part XII, Line 2d - Other Adjustments: PROVISION FOR UNCOLLECTIBLE PLEDGES NETTED AGAINST REVENUE: 1000956. COST OF GOODS SOLD NETTED AGAINST REVENUE: 1068665. RENTAL EXPENSES NETTED AGAINST REVENUE: 825372. Part XIII, Line 2d - Other Adjustments: PROVISION FOR UNCOLLECTIBLE PLEDGES NETTED AGAINST REVENUE: 1000956. COST OF GOODS SOLD NETTED AGAINST REVENUE: 1068665. RENTAL EXPENSES NETTED AGAINST REVENUE: 825372. United Kingdom FUNDRAISING 12035 0 0 12035 Method Used to Acccount for Expenditures: Schedule F, Part I, Line 3: THE ORGANITION IS WORKING WITH UNITED KINGDOM FUNDRAISING CONSULTANTS TO WORK CLOSELY TO CREATE A LIST OF DONORS AND PROSPECTS FOR THE UNVEILING OF PRESIDENT REAGAN'S STATUE IN THE UNITED KINGDOM IN JULY 2011. THE FUNDRAISING CONSULTANTS (COMPTON HOUSE) WORK DIRECTLY WITH SELECTED MEMBERS OF THE LIBRARY'S BOARD OF DIRECTORS AND MAJOR FUNDERS TO: >IDENTIFY POTENTIAL UNITED KINGDOM FUNDRAISING DONORS THROUGH THEIR CONTACTS AND ROLODEXES; >DEVELOP A LIST OF POTENTIAL CORPORATE FUNDERS WHO CAN BE CONTACTED FOR THE PROJECT; >SET UP ONE-TO-ONE MEETINGS WITH KEY PROSPECTS FOR THE LIBRARY'S CHIEF EXECUTIVE AND FUNDRAISING ADVISOR, AND HELP MANAGE THEIR SCHEDULES FOR ANY TRIPS TO THE UNITED KINGDOM; >HELP DESIGN APPROPRIATE SPONSORSHIP OPPORTUNITIES FOR DONORS BASED IN THE UNITED KINGDOM, AND HELP CREATE DIFFERENT SPONSORSHIP LEVELS FOR ANY SPECIAL EVENTS HELD IN THE UNITED KINGDOM LEADING UP TO THE STATUE'S UNVEILING; >HELP THE LIBRARY REACH AND CULTIVATE ALL OF THE DONORS, PROSPECTS AND FUNDERS IDENTIFIED ABOVE; >WORK WITH THE LIBRARY'S STAFF TO ENSURE ALL DONORS ARE RECOGNIZED PROPERLY AT ANY SPECIAL EVENTS HELD IN THE UNITED KINGDOM; >FOLLOW UP AFTER THESE SPECIAL EVENTS TO SECURE ANY REMAINING PLEDGES AND DONATIONS; AND >DELIVER A FULL DEBRIEF TO THE LIBRARY'S EXECUTIVE DIRECTOR AND OTHER SENIOR STAFF ON COMPLETION OF THE PROJECT, AFTER THE STATUE'S UNVEILING IN JULY 2011. IN MONITORING THE ACTIVITIES OF COMPTON, THERE IS DAILY COMMUNICATION WITH COMPTON REPRESENTATIVES, AS WELL AS WEEKLY CONFERENCE CALLS TO REVIEW GOALS AND PROGRESS. REPORTS ARE PROVIDED AS REQUESTED. X X X X X X 1 Merkle Group Inc & The Domain Group Inc (dba MerkleDomain) DIRECT MAIL CONSULTING 0 2899943 330000 2569943 LINDA BOND & ASSOCIATES FUNDRAISING CONSULTANT 0 1140000 360154 779846 Paragon Charitable Services Group Inc fuND RAISING COUNSEL 0 1000000 80397 919603 IDC CENTRE FUNDRAISER 0 475365 210925 264440 Pacific Fundraising Group FUNDRAISER 0 0 30000 -30000 compton fundraising consultants ltd FUNDRAISER 0 0 12035 -12035 5515308 1023511 4491797 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY 1 COLLEGE SCHOLARSHIPS AWARDED TO VENTURA COUNTY HIGH SCHOOL SENIOR STUDENTS AND TEACHERS. THERE WERE 168 APPLICANTS FROM 31 DIFFERENT SCHOOLS. 21 60250 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: TO ENSURE APPROPRIATE USE OF THE SCHOLARSHIP FUNDS, THEY ARE SENT TO THE STUDENT'S SCHOOL WITH GUIDANCE FOR USE AND INSTRUCTIONS TO RETURN THE FUNDS IF THEY ARE NOT USED. X X X X X 0 0 0 0 0 0 0 0 0 JOHN D HEUBUSCH 378462 0 60000 0 0 0 15000 0 16201 0 469663 0 0 0 GLENN BAKER 182692 0 7500 0 0 0 19630 0 16272 0 226094 0 0 0 JOANNE M DRAKE 149038 0 7500 0 0 0 16068 0 16848 0 189454 0 0 0 JUAN C ROS 153846 0 5000 0 0 0 12000 0 16666 0 187512 0 0 0 HAYDEN SHAW 240385 0 14000 0 0 0 9207 0 5774 0 269366 0 0 0 STEWART MCLAURIN 214759 0 5000 0 0 0 0 0 19207 0 238966 0 0 0 X JELLY BELLY CANDY 1 42289 FAIR MARKET VALUE X LEGAL SERVICES 1 47287 FAIR MARKET VALUE X PROMOTIONS 1 2198410 FAIR MARKET VALUE 0 0 0 Form 990, Part VI, Section A, line 2 In an annual questionnaire for trustees and key staff, several respondents self-identified relationships of a business nature with other respondents. Examples of such relationships were serving together on other Boards and using the services of anothers law firm. All responses were reviewed by both the Chief Financial Officer and the Audit Committee for conflicts that would affect the Foundation. One potential conflict was identified which was further reviewed and ratified by a vote of the trustees. Form 990, Part VI, Section B, line 11 THE 990 IS REVIEWED WITH THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO FILING. Form 990, Part VI, Section B, line 12c THE STAFF MONITORS FOR ANY TRANSACTIONS WHICH COULD GIVE RISE TO A CONFLICT OF INTEREST. THE BOARD OF TRUSTEES IS ASKED TO RESPOND TO AN ANNUAL QUESTIONNAIRE REGARDING ANY CONFLICTS OF WHICH THEY MAY BE AWARE. ANY POTENTIAL CONFLICTS ARE FIRST REVIEWED WITH THE AUDIT COMMITTEE AND THEN, IF REQUIRED, FURTHER REVIEWED AND ACTED ON AS NECESSARY BY THE BOARD OF TRUSTEES. Form 990, Part VI, Section B, line 15 > FOR 15A, BOARD OF TRUSTEES HIRED AN INDEPENDENT SEARCH FIRM, INTERVIEWED MULTIPLE CANDIDATES, ASKED FOR AND REVIEWED COMPETITIVE COMPENSATION INFORMATION SUPPLIED BY THE SEARCH FIRM AND VOTED AT A MEETING OF THE BOARD OF TRUSTEES ON THE HIRING AND LEVEL OF COMPENSATION FOR THE FINALIST. COMPENSATION OF THE EXECUTIVE DIRECTOR, INCLUDING ANY PROPOSED CHANGES, IS REVIEWED AT LEAST ANNUALLY BY THE BOARD OF TRUSTEES. >FOR 15B, CHAIRMAN OF THE BOARD AND SELECTED OTHER TRUSTEES ARE INCLUDED IN THE INTERVIEW PROCESS BASED UPON RECOMMENDATIONS OF THE EXECUTIVE DIRECTOR. AN INDEPENDENT SEARCH FIRM MAY BE USED AND MARKET/COMPETITIVE SALARY INFORMATION IS EVALUATED. INITIAL COMPENSATION AS PROPOSED BY THE EXECUTIVE DIRECTOR IS APPROVED BY THE CHAIRMAN. STAFF COMPENSATION AND PROPOSED CHANGES IS REVIEWED ANNUALLY BY THE BOARD OF TRUSTEES. Form 990, Part VI, Section C, line 19 The foundation makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. A copy of the documents are availble for inspection at 40 Presidential Dr., Suite 200, Simi Valley, CA 93065. FORM 990, PART XI, LINE 2C THERE HAS BEEN NO CHANGE FROM THE PRIOR YEAR IN THE AUDIT COMMITTEE'S PROCEDURES IN THEIR REVIEW OF THE AUDIT.