2024-05-13T13:02:11-05:00 2023-08-31 111986323 MARCUM LLP 1899 L STREET NW 850 WASHINGTON DC 20036 990 2022-09-01 134024259 CHIEF EXECUTIVES FOR CORPORATE PURPOSE INC CHIE 2128251000 447 BROADWAY 2ND FL 547 NEW YORK NY 10013 DARYL BREWSTER CEO 2128251000 2024-05-13 1 DARYL BREWSTER 999009999 1 FRANK SMITH P00639053 2022274000 2024-05-13 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z CECP DARYL BREWSTER 447 BROADWAY 2ND FL 547 NEW YORK NY 10013 5518956 0 X WWW.CECP.CO X 1998 NY CECP'S MISSION IS TO CREATE A BETTER WORLD THROUGH BUSINESS. CECP IS A CEO-LED COALITION THAT BELIEVES THAT A COMPANY'S SOCIAL STRATEGY HOW IT ENGAGES WITH KEY STAKEHOLDERS, INCLUDING EMPLOYEES, COMMUNITIES, INVESTORS, AND CUSTOMERS DETERMINES COMPANY SUCCESS. 20 19 33 21 0 0 4653446 5209452 322850 228981 7404 80523 0 0 4983700 5518956 0 0 0 0 4016542 4444107 0 0 74617 1373046 1660080 5389588 6104187 -405888 -585231 5438275 5244972 2911312 3303240 2526963 1941732 X CECP'S MISSION IS TO CREATE A BETTER WORLD THROUGH BUSINESS. CECP IS A CEO-LED COALITION THAT BELIEVES THAT A COMPANY'S SOCIAL STRATEGY HOW IT ENGAGES WITH KEY STAKEHOLDERS, INCLUDING EMPLOYEES, COMMUNITIES, INVESTORS, AND CUSTOMERS DETERMINES COMPANY SUCCESS. 0 0 4341154 228981 CORPORATE INSIGHTSCECP PRODUCED INDUSTRY LEADING RESEARCH AND ACTIONABLE INSIGHTS TO TRANSFORM COMPANIES' CORPORATE PURPOSE WORK ACROSS FIVE CENTERS OF EXCELLENCE: SOCIETAL/COMMUNITY INVESTMENT; EMPLOYEE ENGAGEMENT; DIVERSITY EQUITY INCLUSION (DEI); ENVIRONMENTAL SOCIAL GOVERNANCE (ESG)/SUSTAINABLE BUSINESS; AND TELLING THE STORY. CECP CONNECTED WITH HUNDREDS OF AFFILIATED COMPANIES TO PROVIDE FAST-TRACK CONSULTING SUPPORT, CUSTOMIZED BENCHMARKING, AND STRATEGY ASSESSMENTS, TOOLS, AND FRAMEWORKS. CECP PROVIDED CUSTOMIZED BENCHMARKING THAT LEVERAGED CECP'S EXCLUSIVE DATABASE OF MORE THAN $388 BILLION IN COMMUNITY INVESTMENT SURVEY DATA AND CONDUCTED WEEKLY PULSE SURVEYS TO SHARE INSIGHTS WITH COMPANIES. CECP HOSTED ESG PEER CONNECTS, DELIVERED LONG-TERM DISCLOSURE ASSESSMENTS, AND ESG SNAPSHOTS.CECP RELEASED THREE ANNUAL REPORTS GIVING IN NUMBERS, GLOBAL IMPACT AT SCALE AND INVESTING IN SOCIETY WHICH ARE AVAILABLE FREE OF CHARGE THROUGH CECP'S WEBSITE. MYCECP ONLINE KNOWLEDGE CENTER AND DATA CENTER PROVIDE 24/7 ACCESS TO CECP'S INSIGHTS AND DATA VISUALIZATION TOOLS. THE GLOBAL EXCHANGE NETWORK UNITES REGION/COUNTRY-BASED, MISSION-DRIVEN CORPORATE SOCIETAL ENGAGEMENT ORGANIZATIONS FOR THE PURPOSE OF ADVANCING THE CORPORATE SECTOR AS A FORCE FOR GOOD AROUND THE WORLD. THIS CECP-LED NETWORK OFFERS SUPPORT, RESEARCH, COUNSEL, AND ADVICE TO LARGE COMPANIES. CECP DEVELOPED MANY RESEARCH, INNOVATION, AND PRESENTATION PARTNERS AROUND THE WORLD. CECP ALSO HOSTED CORPORATE PEER DISCUSSIONS WITH PARTNERS ON URGENT ISSUES FOR THE FIELD. CORPORATE ADVISORYCECP CURATED ACCELERATORS AND FACILITATED THIS SMALL-GROUP LEARNING SERIES TO ADVANCE UNDERSTANDING OF KEY TOPICS FOR CORPORATE LEADERS VIA VIRTUAL MEETINGS AND ONLINE ASYNCHRONOUS TOOL-SHARING PLATFORM. CECP CREATED ACCELERATE RESEARCH PROJECTS AS ADDITIONAL THOUGHT LEADERSHIP PUBLICATIONS FOR THE FIELD SUCH AS FRONT-LINE WORKERS IN A TIME OF CRISIS AND CORPORATE FOUNDATIONS: DESIGNING FOR IMPACT. CECP DEEPENED ITS CORPORATE PARTNERSHIPS AND SHARED SUBJECT MATTER EXPERTS TO WORK WITH COMPANIES IN ADVANCED ADVISORIES ON GOAL SETTING, STRATEGY DEVELOPMENT, MEASUREMENT MANAGEMENT, SCORECARD/KPI FRAMING, AND ADVANCING COMPANY KNOWLEDGE IN A PRIORITY AREAS. CECP ALSO SUPPORTED COMPANY DEEP DIVES ON TOPICS IN VIRTUAL LEARNING SESSION THAT BUILD COMMUNITY ON TOPICS SUCH AS DIGITAL EQUITY.STRATEGY ENGAGEMENT & GROWTHCECP ENGAGED ITS CORPORATE COALITION WITH REGULAR MEETINGS TO SHARE INSIGHTS, DEVELOP NEW PARTNERSHIPS, EXPLORE OPPORTUNITIES WHERE CECP COULD BE OF SUPPORT. CECP'S ANNUAL CEO INVESTOR FORUM HOSTED CORPORATE LEADERS AND INSTITUTIONAL INVESTORS REPRESENTING $1.2 TRILLION IN AUM ATTENDING CEO PRESENTATIONS ON CORPORATIONS'' LONG-TERM PLANS ON SUSTAINABLE VALUE CREATION TO INSTITUTIONAL INVESTORS. CECP BUILT PARTNERSHIPS ACROSS THE CORPORATE PURPOSE ECOSYSTEM, WITH INVESTOR RELATIONS AND INDUSTRY ASSOCIATIONS, AND DELIVERED INNOVATION IN THE SECTOR AND FIELD, BY INDUSTRY, REGION, AND ISSUE. CECP WORKED WITH ADVISORY COUNCILS TO PROVIDE CONNECTIONS TO HOW THE FIELD IS EVOLVING. COMMUNICATIONS SUPPORT: CECP PROVIDED COMMUNICATIONS COUNSEL TO COMPANIES, SHARED BEST PRACTICES THROUGH ITS "TELL YOUR STORY" CENTER OF EXCELLENCE, AND UTILIZED ITS OUTREACH CHANNELS TO HIGHLIGHT STORIES OF CORPORATE EXCELLENCE, INCLUDING THE COMPANY SPOTLIGHT NEWSLETTER SERIES, PURPOSE WEEKLY EMAILS AND MONTHLY VIDEOS FOR CEOS, AND THE CHARLIE AWARD. CECP GENERATED 60 TOP-TIER BUSINESS ARTICLES; MANAGED DESIGN AND COMMUNICATIONS FOR EVENTS SUCH AS CEO AND CORPORATE LEADER ROUNDTABLES, CECP SUMMIT, BOARD OF BOARDS, AND CEO INVESTOR FORUM; OPERATED A SPEAKERS' BUREAU FOR CECP STAFF TO SHARE CONTENT AT CONFERENCES ALL OVER THE WORLD; AND DEVELOPED MARKETING MATERIALS SUCH AS A BROCHURE AND PRESENTATION DECKS, TO SHARE ITS VALUE. CECP SUPPORTED THE NEEDS OF ITS COMPANIES BY SHARING THROUGH ITS COMMUNICATIONS CHANNELS RESOURCES IN THE AREAS OF EMPLOYEE ENGAGEMENT; CORPORATE PURPOSE; SUSTAINABLITY; SOCIETAL ENGAGEMENT; AND DIVERSITY, EQUITY, AND INCLUSION, INCLUDING THE CORPORATE FOUNDATIONS, GLOBAL IMPACT AT SCALE, INVESTING IN SOCIETY, AND GIVING IN NUMBERS REPORTS. 4341154 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 22 0 1 33 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 19 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 1 0 NY X REBECCA MARKS 2128251000 447 BROADWAY 2ND FL 547 NEW YORK NY 10013 DARYL G BREWSTER CEO/SECRETARY 40.00 X X 523452 0 65426 DOUGLAS R CONANT CHAIRMAN 1.00 X X 0 0 0 PETER L MALKIN DIRECTOR EMERITUS/TREASURE 1.00 X X 0 0 0 SARA ARMBRUSTER DIRECTOR 1.00 X 0 0 0 THEODORE DYSART DIRECTOR 1.00 X 0 0 0 RICHARD EDELMAN DIRECTOR 1.00 X 0 0 0 CARLY FIORINA DIRECTOR-UNTIL 11/22 1.00 X 0 0 0 ALEX GORSKY DIRECTOR 1.00 X 0 0 0 KELLY GRIER DIRECTOR 1.00 X 0 0 0 MAURICIO GUTIERREZ DIRECTOR 1.00 X 0 0 0 ALAN G HASSENFELD DIRECTOR 1.00 X 0 0 0 FRAN HOROWITZ DIRECTOR 1.00 X 0 0 0 BARBARA HUMPTON DIRECTOR 1.00 X 0 0 0 PHILIPPE KRAKOWSKY DIRECTOR 1.00 X 0 0 0 SHELLY LAZARUS DIRECTOR 1.00 X 0 0 0 WILLIAM MCNABB DIRECTOR 1.00 X 0 0 0 DEANNA MULLIGAN DIRECTOR 1.00 X 0 0 0 SURESH MUTHUSWAMI DIRECTOR 1.00 X 0 0 0 CHRISTIANA RILEY DIRECTOR 1.00 X 0 0 0 MICHAEL I ROTH DIRECTOR-UNTIL 11/22 1.00 X 0 0 0 JENNIFER SMITH TURNER DIRECTOR 1.00 X 0 0 0 JAMES D WHITE DIRECTOR 1.00 X 0 0 0 REBECCA MARKS DIRECTOR, OPERATIONS & HR 40.00 X 134599 0 8295 KARI NIEDFELDT-THOMAS MANAGING DIRECTOR 40.00 X 260411 0 56063 SARA ADAMS SR. DIRECTOR 40.00 X 208770 0 59154 NANDIKA MADGAVKAR SR. DIRECTOR 40.00 X 200295 0 27000 ALISON VULTAGGIO DIRECTOR 40.00 X 152331 0 21885 MEKA MOSKOWITZ MANAGER 40.00 X 112653 0 34428 BETH GALLAGHER DIRECTOR- UNTIL 03/23 40.00 X 160000 0 29943 KATE STOBBE DIRECTOR 40.00 X 128809 0 23712 KATIE LEASOR SR. MANAGER 40.00 X 116400 0 32630 1997720 0 358536 11 0 1 0 0 3908334 148413 1152705 5209452 ACCELERATE PROJECTS 900099 228981 228981 228981 80523 80523 5518956 228981 0 80523 1622102 1146142 416316 59644 2162193 1645518 512608 4067 39350 27345 12005 396163 291337 102162 2664 224299 165331 55447 3521 51990 51990 442056 300331 141725 1200 80 1120 84932 49178 35754 236115 111501 124614 4241 3126 1048 67 131069 59389 71680 219532 186055 33477 294771 217269 72864 4638 DUES & SUBSCRIPTIONS 162289 126978 35311 ADMIN EXPENSES 31885 12207 19678 MISCELLANEOUS 0 -633 617 16 6104187 4341154 1688416 74617 5053180 4812827 38665 207421 1072661 847937 346430 224724 5438275 5244972 59615 158451 2765832 3144789 85865 0 2911312 3303240 X 2326963 1828399 200000 113333 2526963 1941732 5438275 5244972 -585231 0 X 0 1 X 1 0 X 4654344 5022800 5590956 4653446 5209452 25130998 4654344 5022800 5590956 4653446 5209452 25130998 1839225 23291773 20479 15735 301 7404 80523 124442 25255440 1712215 0.92220 0.87960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1072661 847937 224724 224724 X 5754410 235454 235454 5518956 0 5518956 6339641 235454 235454 6104187 0 6104187 PART X, LINE 2: CECP IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE), AND IS CLASSIFIED AS A PUBLIC CHARITY. NO PROVISION FOR INCOMES TAXES IS REQUIRED AS CECP EARNED NO NET UNRELATED BUSINESS INCOME FOR THE YEARS ENDED AUGUST 31, 2023 AND 2022. X X 0 0 0 1 0 0 0 0 0 DARYL G BREWSTER CEO/SECRETARY 409552 0 113900 0 0 0 27000 0 38426 0 588878 0 0 0 KARI NIEDFELDT-THOMAS MANAGING DIRECTOR 230911 0 29500 0 0 0 12250 0 43813 0 316474 0 0 0 SARA ADAMS SR. DIRECTOR 187470 0 21300 0 0 0 20500 0 38654 0 267924 0 0 0 NANDIKA MADGAVKAR SR. DIRECTOR 178495 0 21800 0 0 0 27000 0 0 0 227295 0 0 0 BETH GALLAGHER DIRECTOR- UNTIL 03/23 146800 0 13200 0 0 0 17815 0 12128 0 189943 0 0 0 ALISON VULTAGGIO DIRECTOR 139331 0 13000 0 0 0 20500 0 1385 0 174216 0 0 0 KATE STOBBE DIRECTOR 121309 0 7500 0 0 0 5200 0 18512 0 152521 0 0 0 PART I, LINE 5 EMPLOYEES MAY RECEIVE BONUSES THAT ARE BASED UPON A FIXED CALCULATION. EACH EMPLOYEE TITLE HAS A SPECIFIC BONUS PERCENTAGE. THAT FIGURE IS THEN ADJUSTED BY A MULTIPLIER FROM THE CECP BONUS MATRIX. THE FORMULA FACTORS IN A NUMBER OF KEY PERFORMANCE INDICATORS, INCLUDING ORGANIZATION REVENUES. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S CEO REVIEWS THE FORM 990 BEFORE IT IS FILED WITH THE IRS. AFTER FILING, THE CEO SENDS A COPY TO MEMBERS OF THE AUDIT COMMITTEE, WITH CARBON COPY TO THE CHAIRMAN OF THE BOARD, AND REPORTS TO THE FULL BOARD THAT THE FORM 990 HAS BEEN COMPLETED. FORM 990, PART VI, SECTION B, LINE 12C ON COMMENCEMENT OF DUTIES AND ANNUALLY THEREAFTER, EACH OFFICER, DIRECTOR, AND KEY EMPLOYEE MUST COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE. OFFICERS, DIRECTORS, AND KEY EMPLOYEES ALSO ARE REQUIRED TO UPDATE THE CONFLICT OF INTEREST QUESTIONNAIRE WHENEVER THE RESPONSE TO ANY QUESTION CHANGES, EVEN IF THERE IS NO CURRENT CONFLICT OF INTEREST. THE BOARD OF DIRECTORS DETERMINES WHETHER A CONFLICT OF INTEREST EXISTS. PERSONS WITH A CONFLICT MUST REMOVE THEMSELVES FROM POSITION OF DECISION-MAKING AUTHORITY WITH RESPECT TO ANY CONFLICT SITUATION INVOLVING CECP. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION ARRANGEMENTS FOR OFFICERS AND KEY EMPLOYEES MUST BE APPROVED BY THE BOARD OF DIRECTORS, OR A DESIGNATED MEMBER OF CECP. PRIOR TO PAYMENT OF COMPENSATION, AN INTERESTED PERSON SHALL NOT TAKE PART IN ANY DECISION RELATING TO HIS OR HER COMPENSATION OR THAT OF A FAMILY MEMBER AND SHALL NOT BE PRESENT WHILE THE DECISION IS MADE IN DETERMINING COMPENSATION. THE BOARD OF DIRECTORS OF CECP SHALL CONSIDER THE COMPENSATION OFFERED BY COMPARABLE ORGANIZATIONS FOR SIMILAR POSITIONS AND SHALL DOCUMENT THE BASIS FOR ITS DECISIONS. FORM 990, PART VI, SECTION C, LINE 19 CECP'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.