2024-04-16T09:26:06-05:00 2022-06-30 521446779 JOHNSON LAMBERT LLP 4242 SIX FORKS ROAD SUITE 1500 RALEIGH NC 27609 990 2021-07-01 521405650 AMERICAN INNS OF COURT FOUNDATION AMER 7036843590 225 REINEKERS LANE 770 ALEXANDRIA VA 22314 MALINDA DUNN EXECUTIVE DIRECTOR 7036843590 2024-03-06 1 MALINDA DUNN 999009999 J CALVIN MARKS P01226973 9197196400 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z X MALINDA E DUNN 225 REINEKERS LANE 770 ALEXANDRIA VA 22314 2864348 0 3249 X WWW.INNSOFCOURT.ORG X 1985 DC THE MISSION OF THE AMERICAN INNS OF COURT IS TO FOSTER EXCELLENCE IN PROFESSIONALISM, ETHICS, CIVILITY, AND LEGAL SKILLS. 19 19 14 214 0 0 261203 177992 2229403 2246840 257227 227603 4215 3736 2752048 2656171 5000 29000 0 0 1636565 1637001 0 0 34403 868493 1181315 2510058 2847316 241990 -191145 3858484 3201898 660071 896755 3198413 2305143 X THE AMERICAN INNS OF COURT INSPIRE THE LEGAL COMMUNITY TO ADVANCE THE RULE OF LAW BY ACHIEVING THE HIGHEST LEVEL OF PROFESSIONALISM THROUGH EXAMPLE, EDUCATION, AND MENTORING. 0 0 1209433 2091153 MEMBERSHIP PROGRAMS - THE FOUNDATION CARRIED OUT NUMEROUS PROGRAMS DESIGNED TO ASSIST LOCAL INNS OF COURT IN DELIVERING A HIGH-QUALITY MEMBER EXPERIENCE, AND TO ENHANCE THE MEMBER EXPERIENCE BEYOND WHAT OCCURS AT THE LOCAL LEVEL. SUCH PROGRAMS INCLUDED REGIONAL LEADERSHIP SUMMITS, INNSIGHT LEADERSHIP NEWSLETTER, THE BENCHER BI-MONTHLY MAGAZINE, THE ACHIEVING EXCELLENCE RECOGNITION PROGRAM, INN ADVISORY SERVICES, AND THE PROMOTION OF AIC IDEALS THROUGH THEMED MONTHS, INCLUDING THE NATIONAL CONVERSATION ON CIVILITY. 278434 5000 151878 AWARENESS AND RECOGNITION BUILDING - THE FOUNDATION CONTINUED BUILDING AWARENESS OF ITS MISSION BY PROMOTING ITS IDEALS THROUGH THEPRESENTATION OF THE LEWIS F. POWELL, JR. AWARD FOR PROFESSIONALISM ANDETHICS, THE SANDRA DAY O'CONNOR AWARD FOR PROFESSIONAL SERVICE, THEWARREN E. BURGER PRIZE, AND THE AIC PROFESSIONALISM AWARDS. 244999 24000 GROWTH STRATEGIES - THE FOUNDATION ENGAGED IN ACTIVITIES INTENDED TO DEEPEN ITS IMPACT ON THE LEGAL PROFESSION. THIS INCLUDED THE PROMOTION OF NEW INNS AND MEMBERSHIP IN EXISTING INNS, ENGAGEMENT OF ITS ALUMNI MEMBERS, LAW SCHOOLS, AND THE JUDICIARY, AND THE PRESENTATION OF THE A. SHERMAN CHRISTENSEN AWARD. IT ALSO INCLUDED ENGAGEMENT OF THE PROFESSION'S FUTURE LEADERS WITH THE PEGASUS AND TEMPLE BAR SCHOLARSHIPS. 214252 13132 EDUCATION AND MENTORING - THE FOUNDATION CARRIED OUT PROGRAMS TO PROMOTE MENTORING THROUGH LOCAL INNS OF COURT AND GENERALLY, SUCH AS MENTORING MONTH AND NUMEROUS ONLINE RESOURCES. THE FOUNDATION IS ALSO DEVELOPING AN ONLINE EDUCATIONAL PLATFORM INNOVATION EDUCATION TO PROVIDE HIGH-QUALITY, AFFORDABLE CONTINUING LEGAL EDUCATION TO UNDERSERVED PARTS OF THE PROFESSION. 214252 13132 1947118 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 21 0 1 14 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AK AL AR CA CO CT FL HI IL KS KY MA MD ME MI MN MS NC ND NH NJ NM NV NY OH OK OR PA RI SC TN UT VA WA WI WV X X DAVID W AKRIDGE 7036843590 225 REINEKERS LANE SUITE 770 ALEXANDRIA VA 22314 MALINDA DUNN EXECUTIVE DIRECTOR/CEO 40.00 X 224230 0 11225 DAVID AKRIDGE DEPUTY EXECUTIVE DIRECTOR 40.00 X 190725 0 30576 CARYN WORCESTER DIRECTOR OF CHAPTER RELATIONS, WESTERN REGION 40.00 X 118589 0 14949 ANNE PAUL DIRECTOR OF CHAPTER RELATIONS, MIDWEST REGION 40.00 X 115382 0 31386 ERNEST BARRENS DIRECTOR OF CHAPTER RELATIONS, NORTHEAST REGION 40.00 X 112428 0 12125 ELIZABETH BINGHAM DIRECTOR OF EDUCATION AND MENTORING PROGRAMS 40.00 X 109204 0 5619 PAMELA WITTMANN DIRECTOR OF CHAPTER RELATIONS, SOUTHEAST REGION 40.00 X 100297 0 11786 HON KENT A JORDAN PRESIDENT 1.00 X X 0 0 0 HON BARBARA M G LYNN VICE PRESIDENT 1.00 X X 0 0 0 HON CONSUELO M CALLAHAN SECRETARY 1.00 X X 0 0 0 JOHN M DESTEFANO III ESQ TREASURER 1.00 X X 0 0 0 LOREN L ALIKHAN ESQ TRUSTEE 1.00 X 0 0 0 KIM J ASKEW ESQ TRUSTEE 1.00 X 0 0 0 JAMES F BENNETT ESQ TRUSTEE 1.00 X 0 0 0 ANTHONY W BLACK ESQ TRUSTEE 1.00 X 0 0 0 HENRY M COXE III TRUSTEE 1.00 X 0 0 0 KATAYOUN A DONNELLY ESQ TRUSTEE 1.00 X 0 0 0 HON STEVEN D GRIMBERG TRUSTEE 1.00 X 0 0 0 PATRICK C HOLVEY ESQ TRUSTEE 1.00 X 0 0 0 HON CHERYL KRAUSE TRUSTEE 1.00 X 0 0 0 THOMAS C LEIGHTON TRUSTEE 1.00 X 0 0 0 HON COLLINS J SEITZ JR TRUSTEE 1.00 X 0 0 0 STEPHANIE E SOWELL ESQ TRUSTEE 1.00 X 0 0 0 BEN J WEAVER TRUSTEE 1.00 X 0 0 0 HON LEE YEAKEL TRUSTEE 1.00 X 0 0 0 STEPHANIE J ZANE ESQ TRUSTEE 1.00 X 0 0 0 970855 0 117666 7 0 1 0 DELCOR 8380 COLESVILLE RD 550 SILVER SPRING MD 20910 IT SERVICES 109976 1 177992 177992 MEMBERSHIP DUES 900099 2091153 2091153 CONFERENCES/EVENTS 900099 142455 142455 ONLINE EDUCATION 900099 13152 13152 LIBRARY 900099 80 80 2246840 129553 129553 300540 202490 98050 98050 98050 9423 5687 3736 3736 2656171 2250576 0 227603 X 5000 5000 24000 24000 462050 297700 159207 5143 900626 580278 310325 10023 27045 17425 9319 301 156491 100828 53921 1742 90789 58496 31283 1010 1481 1307 151 23 78128 42913 34474 741 16234 16234 9464 9464 7016 7016 135322 96444 30325 8553 208248 183182 22281 2785 154510 137836 14510 2164 174100 139881 34219 149241 110028 39213 6838 6035 699 104 5419 5419 38490 33969 3934 587 38426 33912 3928 586 RESEARCH 103119 18299 84820 BANK SERVICE CHARGES AN 40021 35320 4091 610 AWARDS & GIFTS 12067 9998 2069 MEMBERSHIP DUES 1728 1525 177 26 1463 307 1151 5 2847316 1947118 865795 34403 54786 118021 33468 37895 35184 5559 26143 61489 7431 6455 73041 27267 934571 813241 51392 121330 3529041 2797406 47998 26476 3858484 3201898 273625 218634 22015 118341 300000 475000 64431 84780 660071 896755 X 2117359 1399566 1081054 905577 3198413 2305143 3858484 3201898 -191145 -696273 -5852 X 0 1 X 1 0 X 64366 227130 161243 261203 177992 891934 64366 227130 161243 261203 177992 891934 156560 735374 64475 105025 92018 108086 129553 499157 6 1542 1548 1392639 11894987 0.52800 0.50470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X AESTHETIC APPRECIATION 0 1081504 -29630 5000 140847 905577 888309 220260 5000 22515 1081504 891462 4291 18467 15884 10027 888309 837022 32950 43094 15730 5874 891462 827643 34297 5000 19918 837022 1.00000 0 0 7658 7658 0 169390 158692 10698 757523 646891 110632 121330 DEFERRED RENT 84780 84780 X 1951629 -696273 2278 5687 -688308 2639937 16234 16234 2656171 2844899 2278 11539 13817 2831082 16234 16234 2847316 PART III, LINE 4: THE AMERICAN INNS OF COURT FOUNDATION RETAINS A NUMBER OF PIECES OF ART FOR THE AESTHETIC APPRECIATION AND TO PRESERVE FOR FUTURE GENERATIONS. PART V, LINE 4: THE PURPOSE OF THE A. SHERMAN CHRISTENSEN AWARD FUND IS TO PROVIDE LONG-TERM FUNDING FOR THE A. SHERMAN CHRISTENSEN AWARD. A PORTION OF THIS FUND IS TEMPORARILY RESTRICTED BY THE DONOR, MEAD DATA/LEXIS-NEXIS. THE RESTRICTION ENDS AT THE END OF FISCAL YEAR 2043. UNTIL SUCH RESTRICTION ENDS, THAT PORTION OF THE PRINCIPAL PROVIDED BY MEAD DATA/LEXIS-NEXIS MAY ONLY BE EXPENDED FOR ACTIVITIES DIRECTLY RELATED TO THE ANNUAL PRESENTATION OF THE A. SHERMAN CHRISTENSEN AWARD. EARNINGS AND OTHER CONTRIBUTIONS TOWARD THE FUND ARE NOT SIMILARLY RESTRICTED. THE RESTRICTION NOTWITHSTANDING, A MAXIMUM OF 4% OF THE 36-MONTH AVERAGE MARKET VALUE OF THE FUND MAY BE WITHDRAWN ANNUALLY TO COVER APPROVED EXPENSES. THE PURPOSE OF THE LEWIS F. POWELL, JR. AWARD FUND IS TO PROVIDE LONG-TERM FUNDING FOR THE LEWIS F. POWELL, JR. AWARD FOR PROFESSIONALISM AND ETHICS. THIS FUND IS DESIGNATED FOR ACTIVITIES DIRECTLY RELATED TO THE ANNUAL PRESENTATION OF THE LEWIS F. POWELL, JR. AWARD FOR PROFESSIONALISM AND ETHICS. A MAXIMUM OF 4% OF THE 36-MONTH AVERAGE MARKET VALUE OF THE FUND MAY BE WITHDRAWN ANNUALLY TO COVER APPROVED EXPENSES. THE PURPOSE OF THE SANDRA DAY O'CONNOR AWARD FUND IS TO PROVIDE LONG-TERM FUNDING FOR THE SANDRA DAY O'CONNOR AWARD FOR PROFESSIONAL SERVICE. THIS FUND IS DESIGNATED FOR ACTIVITIES DIRECTLY RELATED TO THE ANNUAL PRESENTATION OF THE SANDRA DAY O'CONNOR AWARD FOR PROFESSIONAL SERVICE. A MAXIMUM OF 4% OF THE 36-MONTH AVERAGE MARKET VALUE OF THE FUND MAY BE WITHDRAWN ANNUALLY TO COVER APPROVED EXPENSES. THE PURPOSE OF THE WARREN E. BURGER PRIZE FUND IS TO PROVIDE LONG-TERM FUNDING FOR THE WARREN E. BURGER PRIZE. THIS FUND IS DESIGNATED FOR ACTIVITIES DIRECTLY RELATED TO THE ANNUAL PRESENTATION OF THE WARREN E. BURGER PRIZE. A MAXIMUM OF 4% OF THE 36-MONTH AVERAGE MARKET VALUE OF THE FUND MAY BE WITHDRAWN ANNUALLY TO COVER APPROVED EXPENSES. THE PURPOSE OF THE AMERICAN INNS OF COURT PROFESSIONALISM AWARDS FUND IS TO PROVIDE LONG-TERM FUNDING FOR THE AMERICAN INNS OF COURT PROFESSIONALISM AWARDS. THIS FUND IS DESIGNATED FOR ACTIVITIES DIRECTLY RELATED TO THE PRESENTATION OF THE AMERICAN INNS OF COURT PROFESSIONALISM AWARDS. ACCOUNTING FOR CONTRIBUTIONS, EARNINGS, INCOME AND EXPENSES SHALL BE ON A FEDERAL CIRCUIT BASIS. A MAXIMUM OF 4% OF THE 36-MONTH AVERAGE MARKET VALUE OF THE FUND ATTRIBUTABLE TO A PARTICULAR CIRCUIT MAY BE WITHDRAWN ANNUALLY TO COVER APPROVED EXPENSES. THE PURPOSE OF THE UNRESTRICTED HOWARD T MARKEY FUND IS TO PROVIDE LONG-TERM FUNDING FOR BOARD DESIGNATED PURPOSES. A MAXIMUM OF 4% OF THE 36-MONTH AVERAGE MARKET VALUE OF THE FUND MAY BE WITHDRAWN ANNUALLY TO COVER APPROVED EXPENSES. PART X, LINE 2: MANAGEMENT HAS CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 5,687. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE 5,852. COST OF GOODS SOLD 5,687. 0 EUROPE 0 0 PROGRAM SERVICES INTERNATIONAL PROGRAM 111000 0 0 0 0 0 0 111000 0 111000 TEMPLE BAR SCHOLARSHIPS EUROPE 8 16000 CHECK/WIRE PEGASUS SCHOLARSHIPS EUROPE 4 8000 CHECK/WIRE 0 0 0 0 0 0 PART I, LINE 2: AMERICAN INNS OF COURT FOUNDATION DOES NOT REQUEST ANY SORT OF ACCOUNTING OF THE STIPENDS AWARDED FROM THE RECIPIENTS. PART III ACCOUNTING METHOD: 1 WARREN E. BURGER PRIZE 1 5000 PART I, LINE 2: THE BURGER PRIZE IS AWARDED TO THE AUTHOR OF THE WINNING PAPER SELECTED BY A VOLUNTEER JUDGING PANEL COMPRISED OF HIGHLY REGARDED LAW SCHOOL DEANS AND PROFESSORS. X X X X 0 0 0 0 0 0 0 0 0 MALINDA DUNN EXECUTIVE DIRECTOR/CEO 224230 0 0 0 0 0 8970 0 2255 0 235455 0 0 0 DAVID AKRIDGE DEPUTY EXECUTIVE DIRECTOR 190725 0 0 0 0 0 7252 0 23324 0 221301 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERSHIP OF THE AMERICAN INNS OF COURT FOUNDATION SHALL CONSIST OF ALL ACTIVE MEMBERS OF DULY CHARTERED AMERICAN INNS OF COURT, TOGETHER WITH HONORARY, EMERITUS, AND NATIONAL MEMBERS. THERE SHALL BE FOUR CLASSIFICATIONS OF ACTIVE MEMBERS: MASTERS OF THE BENCH - CONSISTING OF EXPERIENCED JUDGES, LAWYERS, AND LAW PROFESSORS; BARRISTERS - CONSISTING OF LAWYERS WITH SOME EXPERIENCE BUT NOT YET MASTERS; ASSOCIATES - CONSISTING OF LAWYERS WHO ARE LAW SCHOOL GRADUATES BUT WHO DO NOT MEET THE AMERICAN INNS OF COURT'S MINIMUM EXPERIENCE REQUIREMENT FOR BARRISTERS; AND PUPILS - CONSISTING OF LAW STUDENTS. THERE SHALL BE THREE ADDITIONAL CLASSES OF MEMBERS: NATIONAL MEMBERS - INDIVIDUALS IN GOOD STANDING WHO HAVE BEEN MEMBERS OF A LOCAL AMERICAN INN OF COURT BUT NO LONGER ARE; EMERITUS MEMBERS - DESIGNATED BY AMERICAN INNS OF COURT FROM AMONG ACTIVE MASTERS OF THE BENCH ON THE BASIS OF LONG AND DISTINGUISHED SERVICE TO THEIR INNS; AND HONORARY MEMBERS - DESIGNATED BY LOCAL AMERICAN INNS OF COURT OR BY THE AMERICAN INNS OF COURT FOUNDATION ON THE BASIS OF DISTINGUISHED SERVICE TO THE BENCH OR BAR, FURTHERANCE OF AMERICAN INNS OF COURT OBJECTIVES OR OTHER NOTEWORTHY ACHIEVEMENTS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE FOUNDATION IN GOOD STANDING SHALL ELECT TRUSTEES TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED 990 IS DISTRIBUTED TO THE ENTIRE BOARD PRIOR TO FILING. THE BOARD MEMBERS ARE GIVEN 7 DAYS TO REVIEW THE FORM AND PROVIDE COMMENT. ADDITIONALLY, THE FORM IS SENT TO THE TREASURER AND DEPUTY EXECUTIVE DIRECTOR FOR THEIR REVIEW AND COMMENT. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, ALL DIRECTORS AND OFFICERS ARE PROVIDED WITH A COPY OF THE CONFLICT OF INTEREST POLICY AND ASKED TO SIGN AN ACKNOWLEDGMENT FORM. FORM 990, PART VI, SECTION B, LINE 15 PERIODICALLY (EVERY TWO TO THREE YEARS), WE EXAMINE CURRENT NON-PROFIT COMPENSATION SURVEYS (PRIMARILY THE ASAE EXECUTIVE COMPENSATION SURVEY). WE CONSIDER BUDGET SIZE, STAFF SIZE, SCOPE, GEOGRAPHIC LOCATION, AND TYPE OF ORGANIZATION IN CALCULATING THE MEDIAN SALARY. THE BOARD SETS THE EXECUTIVE DIRECTOR'S SALARY AT APPROXIMATELY 2% ABOVE MEDIAN. THERE IS AN EXECUTIVE EVALUATION & COMPENSATION COMMITTEE CHARGED WITH CONDUCTING AN ANNUAL PERFORMANCE EVALUATION AND REVIEWING SALARY SURVEY FINDINGS. THE LAST REVIEW OF THE EXECUTIVE DIRECTOR'S COMPENSATION WAS CONDUCTED APRIL 2022. FORM 990, PART VI, SECTION C, LINE 19 FOUNDATION BYLAWS, CONFLICT OF INTEREST POLICY, WHISTLEBLOWER POLICY AND THE LAST THREE 990S ARE AVAILABLE ON THE FOUNDATION'S PUBLIC WEB SITE UNDER FORMS AND LINKS/FOUNDATION FORMS. THE FOUNDATION ALSO MAKES ITS AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX: FORM 990 HAS BEEN AMENDED TO CORRECT THE DISCLOSURE OF THE TOTAL AMOUNT OF GRANTS ISSUED BY THE ORGANIZATION DURING FISCAL YEAR 2022.