2025-08-13T15:52:48-05:00 2024-09-30 812950760 SAX LLP 1040 AVENUE OF THE AMERICAS 16TH FLOOR NEW YORK NY 10018 990 2023-10-01 432095418 WORLD SCIENCE FOUNDATION WORL 2123481400 475 RIVERSIDE DRIVE 1550 NEW YORK NY 10115 JUDITH COX PRESIDENT & TREASURER 2123481400 2025-08-13 1 0 MIKE SCHALL P02024184 2122682804 2025-08-12 2023 2025-03-06 01:10:19Z TRACY DAY 475 RIVERSIDE DRIVE 1550 NEW YORK NY 10115 4495123 0 X WWW.WORLDSCIENCEFESTIVAL.COM X 2006 DE TO ENGAGE AND SUSTAIN A GENERAL PUBLIC INFORMED BY THE SUBSTANCE OF SCIENCE, INSPIRED BY ITS WONDER, CONVINCED OF ITS VALUE AND PREPARED TO EXPLORE ITS IMPLICATIONS FOR THE FUTURE. 8 5 37 40 0 0 3741245 3609443 500854 420826 194861 464854 14000 0 4450960 4495123 0 0 0 0 2270165 2425693 0 0 270031 3293325 2863881 5563490 5289574 -1112530 -794451 20170819 19320217 3710134 3550582 16460685 15769635 X THE WORLD SCIENCE FESTIVAL IS A MULTIMEDIA ORGANIZATION PRODUCING ORIGINAL CONTENT STRADDLING SCIENCE, THE ARTS, JOURNALISM AND EDUCATION. FOUNDED IN 2008, WSF IS VIEWED BY MANY AS THE PREMIER PLATFORM BRINGING THE MOST TRANSFORMATIVE IDEAS AT THE FOREFRONT OF DISCOVERY TO MAINSTREAM AUDIENCES. WITH FORMATS SPANNING INNOVATIVE WORKS OF THEATRE, FILM, DANCE AND MUSIC, IMMERSIVE LIVE AND VIRTUAL EXPERIENCES, AS WELL AS RIVETING DISCUSSIONS AND DEBATES, WSF IS LAUDED GLOBALLY FOR ITS GROUNDBREAKING LIVE AND DIGITAL CONTENT FEATURING WORLD RENOWNED SCIENTISTS, ARTISTS AND INTELLECTUALS, SHIFTING SCIENCE TO THE CULTURAL CENTER. BASED IN NEW YORK CITY, WSF IS DISTINCTIVE IN ITS COMMITMENT TO THE HIGHEST OF EDITORIAL STANDARDS AND PRODUCTION EXCELLENCE, PROVIDING WORLDWIDE AUDIENCES AN EXCITING AND IMPACTFUL VIEW OF THE NEAR AND FAR FUTURE. 0 0 4126222 420826 THE FESTIVAL CREATES NOVEL, CREATIVE, AND ARTFULLY PRODUCED PROGRAMS AND INTERDISCIPLINARY EVENTS. FROM COMPELLING PRESENTATIONS OF CUTTING-EDGE SCIENTIFIC RESEARCH AND CAPTIVATING HANDS-ON DEMONSTRATIONS FOR KIDS, TO WORKS IN THEATRE, FILM AND THE ARTS INSPIRED BY SCIENCE, THE FESTIVAL DRAMATICALLY RAISES THE PROFILE OF SCIENCE. FESTIVAL PROGRAMS ARE TAPED, EDITED AND MADE AVAILABLE YEAR-ROUND ON THE FESTIVAL'S WEBSITE, TOGETHER WITH COMPLEMENTARY CONTENT, DRAMATICALLY EXPANDING THE REACH AND IMPACT OF THE FESTIVAL AND BUILDING A GROWING ARCHIVE OF EDUCATIONAL SCIENCE PROGRAMMING. WORLD SCIENCE U PROVIDES A UNIQUE EDUCATIONAL EXPERIENCE FOR STUDENTS, WITH WORLD-RENOWNED PROFESSORS LEADING THE WAY, ACCOMPANIED BY STATE-OF-THE-ART PRODUCTION. THE DIVERSE COURSE OFFERINGS LET STUDENTS SPEND MINUTES, HOURS, DAYS, OR MONTHS ON A SUBJECT. 4126222 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 64 0 1 37 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 5 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 NY X ROXANNE BRYAN 2123481400 475 RIVERSIDE DRIVE 1550 NEW YORK NY 10015 BRIAN GREENE CHAIRMAN 40.00 X X 0 0 0 TRACY DAY CEO/SECRETARY 40.00 X X 236500 0 0 JUDITH COX PRESIDENT/TREASURER 40.00 X X 89982 0 32206 GILLIAN SMALL WSU PRESIDENT/DIRECTOR 40.00 X 223960 0 2293 TAMSEN ANN ZIFF DIRECTOR 1.00 X 0 0 0 ALAN ALDA DIRECTOR 1.00 X 0 0 0 EMILY MCKHANN DIRECTOR 1.00 X 0 0 0 MIKE VRANOS DIRECTOR 1.00 X 0 0 0 BRENDAN HERMES EXE. PRODUCER, WORLD SCIENCE STUDIOS 40.00 X 150577 0 1338 ROXANNE BRYAN DIR. OF FINANCE AND ADMINISTRATION 40.00 X 119392 0 0 JOSH ZIMMERMAN LEAD EDITOR/ANIMATOR 40.00 X 121274 0 19264 DEREK BREUER SENIOR MOTION GRAPHICS VFX ANIMATOR 40.00 X 169667 0 1700 1111352 0 56801 6 0 1 0 ELEVENTH DIMENSION MEDIA 410 RIVERSIDE DRIVE APT 142 NEW YORK NY 10025 CONSULTING SERVICES 212500 RYAN THOMPSON 48 GRAHAM STREET UNIT 2 JERSEY CITY NJ 07307 EDITOR/ANIMATOR 143325 ABELANA VR PRODUCTIONS INC 1957 E 21ST STREET BROOKLYN NY 11229 VISCERAL SCIENCE 140000 3 3609443 3609443 LICENSING & PROGRAM 900099 420826 420826 420826 464854 464854 4495123 420826 0 464854 X 758443 527150 143262 88031 1364079 946935 322564 94580 8065 4554 2557 954 119550 96037 23513 175556 122855 38378 14323 15259 9511 5748 38636 24082 14554 1279478 1266619 12124 735 217654 173057 28935 15662 174311 66325 103408 4578 63416 57937 3990 1489 485908 349392 99416 37100 94370 27978 63212 3180 87336 61119 19092 7125 25470 17824 5568 2078 PGRM. & PROD. SUPPLIES 361858 361858 SPECIAL EVENT EXPENSE 13185 12989 196 REIMBURSMENT OF GRANT 7000 7000 5289574 4126222 893321 270031 1395021 1077572 72169 96116 3816150 2977298 103166 165855 34958 11449 2070753 1600102 375970 470651 10969143 11435263 3404242 3086013 20170819 19320217 361896 491334 3348238 3059248 3710134 3550582 X 10099065 12139949 6361620 3629686 16460685 15769635 20170819 19320217 -794451 103401 0 X 0 1 X 0 0 X 4297160 7243231 8812600 3741245 3609443 27703679 4297160 7243231 8812600 3741245 3609443 27703679 22842491 4861188 1769 1977 26382 194861 464854 689843 4463 15800 14000 34263 28427785 1848218 0.17100 0.18850 X THE FOUNDATION'S PUBLIC SUPPORT PERCENTAGE IS IN EXCESS OF THE REQUIRED 10%. FOR THE PAST FIVE YEARS OF OPERATION (ON A ROLLING 5-YEAR BASIS), THE FOUNDATION'S PUBLIC SUPPORT WAS 17.10%. THE FOLLOWING FACTORS ALSO WEIGH IN FAVOR OF PUBLIC CHARITY STATUS UNDER THIS ANALYSIS.FUNDRAISING ACTIVITIES HAVE RESULTED IN BROAD PUBLIC SOURCES OF SUPPORT: SINCE ITS FOUNDING, THE FOUNDATION HAS MAINTAINED A CONTINUOUS AND BONA FIDE FUNDRAISING PROGRAM TO ATTRACT FUNDS FROM THE PUBLIC. THE FOUNDATION EMPLOYS A FULL-TIME DEVELOPMENT STAFF DEDICATED TO SOLICITING SUPPORT FROM INDIVIDUALS, FOUNDATIONS, CORPORATIONS AND GOVERNMENT GRANTS. FROM TIME TO TIME, THE FOUNDATION HAS ALSO HIRED INDEPENDENT DEVELOPMENT SPECIALISTS. THE FOUNDATION ALSO SOLICITS IN-KIND PRODUCT AND SERVICE SUPPORT FROM MEDIA COMPANIES, ADVERTISING SERVICES AND MARKETING COMPANIES WHO CAN ENHANCE PROMOTION FOR THE FESTIVAL.THROUGH ALL THESE EFFORTS, THE FOUNDATION HAS RECEIVED FINANCIAL, MEDIA AND IN-KIND SUPPORT FROM A DIVERSE GROUP OF INDIVIDUALS, CORPORATIONS, FOUNDATIONS AND GOVERNMENT ENTITIES. SINCE 2008, THE FOUNDATION HAS SUBMITTED MULTIPLE GRANT APPLICATIONS TO OVER 65 FOUNDATIONS AND GOVERNMENT SOURCES, INCLUDING THE NATIONAL SCIENCE FOUNDATION (NSF), THE NEW YORK STATE COUNCIL ON THE ARTS, THE NYC DEPT OF CULTURAL AFFAIRS, AND MULTIPLE PRIVATE FOUNDATIONS. WHILE NOT ALL OF THESE GRANT APPLICATIONS WERE ACCEPTED, THE FOUNDATION HAS RECEIVED SIGNIFICANT AND REGULAR SUPPORT FROM FOUNDATIONS SUCH AS THE SIMONS FOUNDATION, THE JOHN TEMPLETON FOUNDATION, THE ALFRED P. SLOAN FOUNDATION, THE BILL AND ANN ZIFF FOUNDATION, THE KAVLI FOUNDATION AND THE BEZOS FAMILY FOUNDATION, AS WELL AS FROM THE NORWEGIAN CONSULATE AND NORWEGIAN ACADEMY OF SCIENCE AND LETTERS. THE FOUNDATION HAS ALSO RECEIVED STATE AND CITY FUNDING FROM THE NEW YORK CITY CULTURAL DEVELOPMENT FUND, THE NEW YORK STATE DEPARTMENT OF EDUCATION AND THE NEW YORK STATE ENERGY AND RESEARCH DEVELOPMENT AUTHORITY.SINCE 2008, THE FOUNDATION HAS ACTIVELY SOLICITED CORPORATE SPONSORS FOR ITS ACTIVITIES, REACHING OUT TO HUNDREDS OF CORPORATIONS. AS A RESULT OF THIS OUTREACH, THE FOUNDATION HAS RECEIVED FINANCIAL SUPPORT FROM CORPORATIONS SUCH AS GOOGLE, VERIZON, CON EDISON, CREDIT SUISSE, IBM, AMERICA'S NAVY, KNOPF, TIME WARNER CABLE, COGNIZANT, IFF, AND NORTHROP GRUMMAN. ALTHOUGH NOT COUNTED TOWARDS PUBLIC SUPPORT, THE FOUNDATION HAS CONSISTENTLY BEEN ABLE TO REDUCE ITS ADVERTISING EXPENDITURES THROUGH CONTRIBUTIONS OF IN-KIND MEDIA SUPPORT (VALUED AT $125,609 IN 2023) FROM ONLINE PLATFORMS.THE FOUNDATION ALSO ACTIVELY SEEKS INDIVIDUAL DONORS BY HOSTING CULTIVATION EVENTS AND GALA FUNDRAISERS. SINCE 2007, THE FOUNDATION HAS SENT OVER 5,500 INVITATIONS TO DOZENS OF EVENTS THAT RANGE IN SIZE FROM 20 TO 400 GUESTS. IN ADDITION, THE FOUNDATION HAS ALSO HOSTED ITS ANNUAL GALA BENEFIT FROM 2009 THROUGH 2019, WHEN THE GALA WAS INTERRUPTED AS A RESULT OF THE PANDEMIC.TICKET PRICES TO THE GALA INCLUDE A PORTION ALLOCABLE TOWARDS A CHARITABLE CONTRIBUTION. FROM 2009 THROUGH 2019, THE FOUNDATION HAS SENT MORE THAN 23,700 INVITATIONS AND FUNDING REQUESTS IN CONNECTION WITH THE ANNUAL GALA. BETWEEN 300 AND 400 PEOPLE ATTEND THE ANNUAL GALA, AND MANY OTHERS CONTRIBUTE BUT DO NOT ATTEND. THE AGGREGATE VALUE OF INDIVIDUAL CONTRIBUTIONS FROM THE GALA HAS CONTINUED TO GROW.THE FOUNDATION HAS ALSO SOUGHT SMALLER DONATIONS FROM MEMBERS OF THE GENERAL PUBLIC WHO ARE INTERESTED IN ATTENDING THE WORLD SCIENCE FESTIVAL, VISITING OUR WEBSITE, WATCHING OUR ONLINE PROGRAMS ON OUR WSF AND WSU YOUTUBE CHANNELS, AS WELL AS VIEWING CONTENT DISTRIBUTED ON SOCIAL MEDIA, AS DESCRIBED BELOW.COMPOSITION OF THE BOARD:THE FOUNDATION'S BOARD OF DIRECTORS REPRESENTS THE WORLDS OF EDUCATION, THE ARTS, MEDIA, NON-PROFIT MANAGEMENT AND PHILANTHROPY. EACH DIRECTOR BRINGS A RANGE OF EXPERTISE AND PERSPECTIVES TO THE ORGANIZATION, AND ALL WORLD SCIENCE FOUNDATION DIRECTORS HAVE BEEN EXCEEDINGLY GENEROUS WITH THEIR TIME AND EXPERTISE, IN ADDITION TO PROVIDING FINANCIAL SUPPORT. TRACY DAY, ONE OF THE WSF CO-FOUNDERS, BRINGS HER EXPERIENCE AS AN EXECUTIVE PRODUCER IN TELEVISION JOURNALISM TO THE FESTIVAL'S LIVE AND DIGITAL PROGRAMMING AND PERFORMANCES. BRIAN GREENE, ALSO A CO-FOUNDER, IS A PHYSICIST, MATHEMATICIAN AND PROFESSOR AT COLUMBIA UNIVERSITY. GIVEN THE EDUCATIONAL NATURE OF THE FOUNDATION'S MISSION AND ACTIVITIES, THE FOUNDATION HAS RECRUITED BOARD MEMBERS FROM A VARIETY OF INSTITUTIONS OF HIGHER LEARNING. GILLIAN SMALL, FORMER UNIVERSITY PROVOST AND SENIOR VICE PRESIDENT FOR ACADEMIC AFFAIRS OF FAIRLEIGH DICKINSON UNIVERSITY, AND AN ACCOMPLISHED SCIENTIST AND EDUCATOR, JOINED THE BOARD IN JANUARY 2012. ALAN ALDA, AN ACCLAIMED ACTOR, WRITER AND DIRECTOR, BRINGS A WEALTH OF EXPERTISE FROM THE ARTS TO THE FESTIVAL AND HAS APPEARED IN NUMEROUS FESTIVAL EVENTS AS A MODERATOR, AUTHOR AND ACTOR. HE HAS BEEN A MEMBER OF THE BOARD OF DIRECTORS SINCE 2007. JUDITH COX HAS A BACKGROUND IN NONPROFIT MANAGEMENT AND INTERNATIONAL PROJECTS AND HAS BEEN ON THE BOARD SINCE 2006. ANN ZIFF, A MEMBER OF THE BOARD SINCE 2010, ALSO HAS SIGNIFICANT EXPERTISE IN NON-PROFIT MANAGEMENT AND FUNDRAISING FROM HER SERVICE ON SEVERAL NON-PROFIT BOARDS; WHILE MS. ZIFF AND HER FAMILY PROVIDE SIGNIFICANT FINANCIAL SUPPORT TO THE FOUNDATION, THEY ARE NOT THE FOUNDATION"S LARGEST DONORS. IN 2022, TWO NEW BOARD MEMBERS (EMILY MCKHANN AND MICHAEL VRANOS) WERE ELECTED, BRINGING MARKETING AND FINANCE EXPERTISE TO THE ORGANIZATION.BROAD PUBLIC PARTICIPATION IN PROGRAMS: THE FOUNDATION'S EDUCATIONAL PROGRAMMING TARGETS A WORLDWIDE AUDIENCE OF ADULTS AND CHILDREN. MOST PROGRAMMING IS DESIGNED FOR NON-SCIENTISTS. ATTENDANCE AT THE WORLD SCIENCE FESTIVAL IN NEW YORK CITY (THE FOUNDATION'S ANNUAL LIVE EVENT SPANNING FIVE OR SIX DAYS) HAS GROWN FROM 120,000 IN 2008 TO A CUMULATIVE TOTAL OF OVER 3.2 MILLION VISITORS IN 2023. IN AN EFFORT TO REACH A BROADER PUBLIC, THE FOUNDATION BEGAN STREAMING SOME OF ITS FESTIVAL PROGRAMS VIA THE INTERNET IN 2011. BETWEEN 2011 AND 2018, THE FOUNDATION'S LIVE-STREAMS REACHED A TOTAL OF 476,500 GLOBAL VIEWERS.OVER TIME, THE FOUNDATION HAS DEDICATED INCREASED RESOURCES TO PRESENTING DIGITAL VIDEO CONTENT FROM THE FESTIVAL, AS WELL AS PRODUCING AND POSTING ORIGINAL VIDEO CONTENT ONLINE - FROM EDUCATIONAL SHORTS AND LONG-FORM COURSES, TO CONVERSATIONS IN VARYING FORMATS DESIGNED FOR A BROAD PUBLIC AUDIENCES. THESE ARE POSTED ON THE WSF WEBSITE (WWW.WORLDSCIENCEFESTIVAL.COM) AND ON THE WORLD SCIENCE FESTIVAL AND WORLD SCIENCE U YOUTUBE CHANNELS AND SOCIAL MEDIA PLATFORMS. THE FOUNDATION SENDS NEWSLETTERS TO ITS COMMUNITY OF 165,127 SUBSCRIBERS TO KEEP THEM INFORMED OF OUR DIGITAL PROGRAMMING SCHEDULE AND LIVE EVENTS. IN 2023-2024, THE WEBSITE WAS VISITED BY OVER 300,000K USERS, GENERATING 405,100 SESSIONS. THE FESTIVAL'S YOUTUBE VIEWS IN 2023 TOTALED ALMOST 50 MILLION VIEWS, GENERATING OVER 1.7 BN MINUTES OF WATCH TIME, AND BRINGING WSF'S TOTAL CUMULATIVE VIEWS ON YOUTUBE TO 231 MILLION, GENERATING OVER 5.2 BN MINUTES OF TOTAL WATCH TIME, WHILE MILLIONS MORE WATCHED ON FACEBOOK. OUR YOUTUBE SUBSCRIBER LIST GREW BY 268K, REACHING 1.2 MILLION AT THE END OF 2022. BY OCTOBER 2024, WSF'S YOUTUBE VIEWS TOTALED A CUMULATIVE 249 MILLION VIEWS, GENERATING OVER 5.8 BN MINUTES OF TOTAL WATCH TIME. THE CHANNEL ALSO ADDED 109,700 NEW SUBSCRIBERS DURING THE 2023-2024 PERIOD REACHING OVER 1.3 MILLION AT THE END OF 2024. THROUGH A VIGOROUS PROGRAM OF SOCIAL MEDIA OUTREACH AND REGULAR COMMUNICATIONS TO OUR FOLLOWERS, THE FESTIVAL GREW ITS SOCIAL MEDIA AUDIENCE TO 463,487 FOLLOWERS ACROSS PLATFORMS, INCLUDING A ROBUST PRESENCE ON FACEBOOK, INSTAGRAM, AND OTHER SOCIAL MEDIA OUTLETS. THE FOUNDATION ALSO RELIES ON LARGE NUMBERS OF VOLUNTEERS DURING THE FESTIVAL AND THROUGHOUT THE YEAR. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 948050 944406 3644 390330 272073 118257 732373 383623 348750 470651 SECURITY DEPOSIT 78620 OPERATING LEASE RIGHT-OF-USE 3007393 3086013 OPERATING LEASE 3059248 3059248 X 4719360 103401 120836 224237 4495123 0 4495123 5410410 120836 120836 5289574 0 5289574 PART X, LINE 2: THE FOUNDATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY MATERIAL, UNCERTAIN TAX POSITIONS. TAX FILINGS FOR PERIODS ENDING SEPTEMBER 30, 2021 AND LATER ARE SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. X X X 0 0 0 0 0 0 0 0 0 TRACY DAY CEO/SECRETARY 236500 0 0 0 0 0 0 0 0 0 236500 0 0 0 GILLIAN SMALL WSU PRESIDENT/DIRECTOR 223960 0 0 0 0 0 2293 0 0 0 226253 0 0 0 DEREK BREUER SENIOR MOTION GRAPHICS VFX ANIMATOR 169667 0 0 0 0 0 1700 0 0 0 171367 0 0 0 BRENDAN HERMES EXE. PRODUCER, WORLD SCIENCE STUDIOS 150577 0 0 0 0 0 1338 0 0 0 151915 0 0 0 ELEVENTH DIMENSION LLC SEE PART V 212601 CONSULTING 0 PART IV LINE 1, COLUMN B: ENTITY MORE THAN 35% OWNED BY BRIAN GREENE, CHAIR DESCRIPTION OF RELATIONSHIP WITH ELEVENTH DIMENSION LLC:IN SEPTEMBER 2016, THE FOUNDATION ENTERED INTO AN AGREEMENT WITH AN ENTITY (THE "COMPANY") THAT IS OWNED BY THE FOUNDATION'S CO-FOUNDERS, WHO CURRENTLY SERVE AS THE FOUNDATION'S CEO, TRACY DAY, AND BOARD CHAIR, BRIAN GREENE. THE AGREEMENT PROVIDES FOR COMPENSATION TO THE COMPANY FOR BRIAN GREENE'S ONGOING AND SUBSTANTIAL CONSULTING,ADVISORY AND CREATIVE SERVICES TO THE FOUNDATION. THESE SERVICES ARE OUTSIDE THE SCOPE OF HIS DUTIES AS BOARD CHAIR. THE ORIGINAL AGREEMENT HAS BEEN EXTENDED AND EXPIRES ON DECEMBER 31, 2024. FORM 990, PART VI, SECTION A, LINE 2 TRACY DAY (CEO) AND BRIAN GREENE (CHAIRMAN) ARE MARRIED. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE SEPARATE COMMITTEES. DUE TO THE SIZE OF THE BOARD, THE FULL BOARD SERVES IN BOTH CAPACITIES. THE AUDIT IS PRESENTED TO THE ENTIRE BOARD FOR REVIEW AND APPROVAL, AND ALL GOVERNANCE ACTIONS ARE TAKEN BY THE BOARD AS A WHOLE. NONE ARE DELEGATED TO A SMALLER COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT REVIEWED A DRAFT OF THE FORM 990 AND PROVIDED EDITS TO THE TAX PREPARER. AFTER THIS PROCESS WAS PERFORMED, THE FORM 990 WAS SENT TO THE FULL BOARD OF DIRECTORS PRIOR TO BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION'S OUTSIDE GENERAL COUNSEL DISTRIBUTES THE CONFLICT OF INTEREST POLICY AND CONFLICT OF INTEREST QUESTIONNAIRE TO EACH OFFICER, DIRECTOR AND KEY EMPLOYEE ON AN ANNUAL BASIS, AND FOLLOWS UP WITH EACH INDIVIDUAL TO ENSURE THAT THE QUESTIONNAIRE HAS BEEN COMPLETED. EACH OFFICER, DIRECTOR AND KEY EMPLOYEE IS ASKED TO CERTIFY ANNUALLY THAT HE/SHE HAS REVIEWED THE FOUNDATION'S CONFLICT OF INTEREST POLICY AND HAS DISCLOSED ANY POTENTIAL OR ACTUAL CONFLICTS ON THE QUESTIONNAIRE. THE OUTSIDE GENERAL COUNSEL REVIEWS THE RESPONSES TO THE QUESTIONNAIRE TO DETERMINE IF THERE IS ANYTHING DISCLOSED THAT SHOULD BE BROUGHT TO THE ATTENTION OF THE BOARD. THE QUESTIONNAIRES ARE MAINTAINED WITH THE BOOKS AND RECORDS OF THE FOUNDATION. IN ADDITION TO FILLING OUT THE QUESTIONNAIRE, PURSUANT TO THE FOUNDATION'S POLICY, EACH OFFICER, DIRECTOR AND KEY EMPLOYEE IS REQUIRED TO ALERT THE OTHER MEMBERS OF THE BOARD IF A TRANSACTION OR FACT ARISES THAT COULD BE COVERED BY THE FOUNDATION'S POLICY AFTER THE INDIVIDUAL HAS COMPLETED HIS OR HER ANNUAL QUESTIONNAIRE. IF THE OUTSIDE GENERAL COUNSEL IDENTIFIES ANY TRANSACTION THAT MIGHT PRESENT A CONFLICT OF INTEREST, ACTUAL OR PERCEIVED, SHE WOULD CONFER WITH THE PRESIDENT AND CHAIR TO DISCUSS HOW IT SHOULD BE DISCLOSED TO THE REST OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 A COMPENSATION REVIEW IS DONE AT THE TIME AN INCREASE OR NEW HIRE COMPENSATION PACKAGE IS PROPOSED FOR OFFICERS OR KEY EMPLOYEES. A REVIEW OF COMPARABLE SALARIES BASED ON A RECOGNIZED STUDY, INFORMATION FROM 990S OF OTHER ORGANIZATIONS AND A REVIEW OF THE PERFORMANCE OF THE OFFICER OR KEY EMPLOYEE IS PERFORMED TO DETERMINE IF THE PROPOSED SALARY FALLS WITHIN COMPARABLE SALARY RANGES. AFTER A DELIBERATION OF THIS MATTER, A NEW PROPOSED SALARY AND BENEFIT PACKAGE IS VOTED ON. THE MINUTES OF THE BOARD OF DIRECTORS REFLECT THE NATURE OF THIS PROCESS. A COMPENSATION REVIEW IS DONE AT THE TIME AN INCREASE OR NEW HIRE COMPENSATION PACKAGE IS PROPOSED FOR THE CEO OR TOP MANAGEMENT. A REVIEW OF COMPARABLE SALARIES BASED ON A RECOGNIZED STUDY, INFORMATION FROM 990S OF OTHER ORGANIZATIONS AND A REVIEW OF THE PERFORMANCE OF THE CEO OR TOP MANAGEMENT IS PERFORMED TO DETERMINE IF THE PROPOSED SALARY FALLS WITHIN COMPARABLE SALARY RANGES. AFTER A DELIBERATION OF THIS MATTER, A NEW PROPOSED SALARY AND BENEFIT PACKAGE IS VOTED ON. THE MINUTES OF THE BOARD OF DIRECTORS REFLECT THE NATURE OF THIS PROCESS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 20,059. MANAGEMENT AND GENERAL EXPENSES 12,124. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,183. INDEPENDENT CONTRACTORS: PROGRAM SERVICE EXPENSES 1,246,560. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 735. TOTAL EXPENSES 1,247,295.