2025-03-18T13:29:37-05:00 2024-06-30 881478669 CBIZ ADVISORS LLC 1 RESEARCH COURT SUITE 400 ROCKVILLE MD 20850 990 2023-07-01 530218495 AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH AMER 2028625800 1789 MASSACHUSETTS AVENUE NW WASHINGTON DC 20036 KAZUKI KO VICE PRESIDENT,CFO & TREASURER 2028625800 2025-03-17 1 1 FRANK SMITH P00639053 3016913600 2025-03-17 2023 2025-03-06 01:10:19Z ROBERT DOAR 1789 MASSACHUSETTS AVENUE NW WASHINGTON DC 20036 104831056 0 X WWW.AEI.ORG X 1943 DC THE AMERICAN ENTERPRISE INSTITUTE IS A COMMUNITY OF SCHOLARS AND SUPPORTERS COMMITTED TO EXPANDING LIBERTY, INCREASING INDIVIDUAL OPPORTUNITY, AND STRENGTHENING FREE ENTERPRISE. AEI PURSUES THESE IDEALS THROUGH INDEPENDENT THINKING AND THE HIGHEST STANDARDS OF RESEARCH AND EXPOSITION. 30 29 356 29 0 0 48096841 59215174 1531939 1582868 4179425 6963897 0 190536 53808205 67952475 815014 843900 0 0 38808814 41632551 60000 45000 5933580 27135246 28498965 66819074 71020416 -13010869 -3067941 348427115 353111569 7438610 5091249 340988505 348020320 X THE AMERICAN ENTERPRISE INSTITUTE IS A COMMUNITY OF SCHOLARS AND SUPPORTERS COMMITTED TO EXPANDING LIBERTY, INCREASING INDIVIDUAL OPPORTUNITY, AND STRENGTHENING FREE ENTERPRISE. AEI PURSUES THESE IDEALS THROUGH INDEPENDENT THINKING AND THE HIGHEST STANDARDS OF RESEARCH AND EXPOSITION. 0 0 13783857 843900 1463752 DOMESTIC POLICY STUDIES: AEI'S DOMESTIC POLICY STUDIES SCHOLARS EXPLORE A BROAD RANGE OF TOPICS INCLUDING K-12 AND HIGHER EDUCATION REFORM, CITIZENSHIP, ETHICS, JUDICIARY ISSUES, EXECUTIVE AND LEGISLATIVE POLITICS, POLLS AND ELECTIONS, FEDERALISM, POVERTY, CIVIL RIGHTS, CRIME, AND OTHER PUBLIC POLICY ISSUES. AEI'S SCHOLARS ARE THOUGHT LEADERS IN THEIR FIELDS AND CONVENE CONFERENCES, IN-PERSON AND ONLINE EVENTS, AND PUBLIC AND PRIVATE SEMINARS. IN ADDITION TO ITS MANY EVENTS AND SEMINARS, AEI PROMOTES ITS RESEARCH AND IDEAS THROUGH PRINT AND DIGITAL PUBLICATIONS, BLOG POSTS AND SOCIAL MEDIA, CONFERENCES, AND WORKING GROUPS. 12047776 34747 FOREIGN AND DEFENSE POLICY STUDIES: AEI'S FOREIGN AND DEFENSE POLICY STUDIES SCHOLARS SEEK TO UNDERSTAND HOW AMERICAN INTERESTS AND POLITICAL AND ECONOMIC FREEDOM CAN BE PROTECTED AND ADVANCED AROUND THE WORLD. THE PROGRAM'S RESEARCH AREAS INCLUDE U.S. NATIONAL SECURITY AND DEFENSE, TERRORISM, INTERNATIONAL SOVEREIGNTY, AND U.S. POLICY IN THE MIDDLE EAST, ASIA, RUSSIA, AND NUMEROUS OTHER AREAS. AEI'S SCHOLARS FOCUS ON CURRENT POLICY ISSUES AS WELL AS THOSE FURTHER OVER THE HORIZON. IN THE PROCESS, THEY EDUCATE POLICYMAKERS, BUSINESS LEADERS, ACADEMICS, JOURNALISTS, STUDENTS, AND ALL INTERESTED CITIZENS ON OUR NATION'S MOST CRITICAL POLICY ISSUES. 9097989 SOCIAL, CULTURAL, AND CONSTITUTIONAL STUDIES: AEI'S SOCIAL CULTURAL AND CONSTITUTIONAL STUDIES SCHOLARS EXPLORE ISSUES RELATED TO THREE RESEARCH AREAS: 1.) LEGAL AND CONSTITUTIONAL TOPICS 2. POLITICS AND PUBLIC OPINION, AND 3. SOCIETY AND CULTURE. TOPICS STUDIED BY LEGAL AND CONSTITUTIONAL SCHOLARS INCLUDE CONGRESS, THE US PRESIDENCY, THE COURTS (INCLUDING THE SUPREME COURT OF THE UNITED STATES), THE ADMINISTRATIVE STATE, AND THE US CONSTITUTION. POLITICS AND PUBLIC OPINION SCHOLARS FOCUS ON POLLING, ELECTIONS, AND POLITICAL THEORY. SOCIETY AND CULTURE SCHOLARS STUDY AND COMMENT ON LIBERAL EDUCATION (SPECIFICALLY, THE HUMANITIES, HIGHER EDUCATION, AND CLASSICAL EDUCATION), CIVIL INSTITUTIONS, THE MEDIA, AMERICAN HISTORY, AND RELIGION. 19753315 19753315 54682937 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 1 1 0 0 1 1 1 0 0 0 1 276 0 1 356 1 0 0 0 0 0 1 1 0 0 0 0 1 0 X 30 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 DC NJ NY CA IL AL CT FL GA MD MI NC MA WI OH WA X THE ORGANIZATION 2028625800 1789 MASSACHUSETTS AVENUE NW WASHINGTON DC 20036 BEHDAD EGHBALI BD OF TRUSTEES 1.00 X 0 0 0 BOB MURLEY BD OF TRUSTEES - AS OF 3/2024 1.00 X 0 0 0 CHRISTOPHER B GALVIN BD OF TRUSTEES 1.00 X 0 0 0 CLIFFORD S ASNESS BD OF TRUSTEES 1.00 X 0 0 0 DANIEL A D'ANIELLO CHAIRMAN 2.00 X X 0 0 0 DEEPA JAVERI BD OF TRUSTEES 1.00 X 0 0 0 EDWARD B RUST JR BD OF TRUSTEES 1.00 X 0 0 0 FRANK J HANNA BD OF TRUSTEES 1.00 X 0 0 0 GEOFFREY S REHNERT BD OF TRUSTEES 1.00 X 0 0 0 HARLAN CROW BD OF TRUSTEES 1.00 X 0 0 0 HARVEY GOLUB BD OF TRUSTEES 1.00 X 0 0 0 JOANNA F JONSSON BD OF TRUSTEES 1.00 X 0 0 0 JOHN A LUKE JR BD OF TRUSTEES 1.00 X 0 0 0 JOHN K HURLEY BD OF TRUSTEES 1.00 X 0 0 0 KEVIN B ROLLINS BD OF TRUSTEES 1.00 X 0 0 0 KIMBERLY O DENNIS BD OF TRUSTEES 1.00 X 0 0 0 MARC S LIPSCHULTZ BD OF TRUSTEES 1.00 X 0 0 0 MARTIN C ELTRICH III BD OF TRUSTEES 1.00 X 0 0 0 MATTHEW K ROSE BD OF TRUSTEES 1.00 X 0 0 0 PAT NEAL BD OF TRUSTEES 1.00 X 0 0 0 PETER H COORS BD OF TRUSTEES 1.00 X 0 0 0 RAVENEL B CURRY III BD OF TRUSTEES 1.00 X 0 0 0 RICHARD DEVOS BD OF TRUSTEES 1.00 X 0 0 0 ROBERT DOAR PRESIDENT 40.00 X X 1052158 0 71807 ROBERT GREENHILL BD OF TRUSTEES 1.00 X 0 0 0 ROSS PEROT JR BD OF TRUSTEES 1.00 X 0 0 0 THE HONORABLE RICHARD B CHENEY BD OF TRUSTEES - UNTIL 3/24 1.00 X 0 0 0 TULLY M FRIEDMAN BD OF TRUSTEES 1.00 X 0 0 0 WILL WEATHERFORD BD OF TRUSTEES 1.00 X 0 0 0 WILLIAM H WALTON BD OF TRUSTEES 1.00 X 0 0 0 WILSON H TAYLOR BD OF TRUSTEES 1.00 X 0 0 0 JASON W BERTSCH EXECUTIVE VICE PRESIDENT 40.00 X 460768 0 66657 KAZUKI KO - VICE PRESIDENT CHIEF FINANCIAL OFFICER 40.00 X 223725 0 39646 JOHN CUSEY - SENIOR VICE PRESIDENT, EXTERNAL RELATIONS 40.00 X 265835 0 63991 KORI SCHAKE DIRECTOR, FDP 40.00 X 358140 0 49529 MATTHEW CONTINETTI DIRECTOR, DOMESTIC POLICY 40.00 X 239205 0 56058 MICHAEL R STRAIN DIRECTOR, ECONOMIC POLICY 40.00 X 328909 0 75807 RYAN STREETER - DIRECTOR DOMESTIC POLICY - TO 8/23 40.00 X 187672 0 41220 SUZANNE B GERSHOWITZ - SENIOR VICE PRESIDENT & CHIEF OPERATING OFFICER 40.00 X 326379 0 70196 YUVAL LEVIN DIRECTOR, SCCS 40.00 X 375116 0 66257 ADAM WHITE SENIOR FELLOW 40.00 X 270508 0 59926 DANIELLE PLETKA DISTINGUISHED SENIOR FELLOW 40.00 X 270610 0 33266 FREDERICK HESS - SENIOR FELLOW & DIRECTOR, EDUCATION 40.00 X 247154 0 45362 JAMES PETHOKOUKIS SENIOR FELLOW 40.00 X 250508 0 57502 NICHOLAS EBERSTADT SENIOR FELLOW 40.00 X 319408 0 62661 5176095 0 859885 101 0 1 0 SEA ISLAND AQUISITION LLC PO BOX 30861 SEA ISLAND GA 31561 CONFERENCE EXPENSES 2509209 HARBINGER LLC 1301 K STREET NORTHWEST SUITE 300W WASHINGTON DC 20005 CONFERENCE EXPENSES 1507073 HALL CAPITAL PARTNERS LLC 1 MARITIME PLAZA 6TH FLOOR SAN FRANCISCO CA 94111 INVESTMENT ADVISORY AND FUND MANAGEMENT 468912 IPSOS PUBLIC AFFAIRS LLC PO BOX 360609 PITTSBURGH PA 15251 RESEARCH CONSULTING 418000 ST REGIS ASPEN RESORT 315 EAST DEAN ST ASPEN CO 81611 CONFERENCE EXPENSES 400230 24 59215174 754348 59215174 CONFERENCES & EVENTS 611430 1328364 1328364 DINING ROOM REVENUE 722514 135388 135388 PUBLICATION ROYALTIES 812900 84369 84369 RESEARCH PUB/MATERIALS 541800 34747 34747 1582868 2736731 2736731 41105747 36878581 4227166 4227166 4227166 MISCELLANEOUS INCOME 900099 190536 190536 190536 67952475 1498499 0 7238802 160000 160000 626900 626900 57000 57000 4439091 2799289 1351920 287882 29545292 21498613 5835740 2210939 2486409 2486409 2856896 2856896 2304863 2304863 225529 225529 86872 86872 45000 45000 503176 503176 2048708 909977 1075777 62954 539877 154603 366820 18454 2627885 1141208 1432113 54564 4110162 4110162 1506413 941940 81166 483307 8187469 7094933 -255139 1347675 3159600 137945 3021655 238313 238313 RESEARCH AND PUBLICATIO 2795914 2744607 34381 16926 SCHOLAR FEES 2469048 2469048 PROGRAM SUPPORT ALLOCAT -1 13946874 -15352754 1405879 71020416 54682937 10403899 5933580 8803221 7035184 9222118 4730875 74665 44293 1056796 1314236 154273334 49562850 2915397 104710484 95061853 115159528 229958529 119061365 1334536 1055604 348427115 353111569 4372612 4037512 3065998 1053737 7438610 5091249 X 288419760 292744599 52568745 55275721 340988505 348020320 348427115 353111569 X -3067941 19549409 -9449653 X X 0 1 X 1 0 X 42381205 71846952 59205945 48096841 59215174 280746117 42381205 71846952 59205945 48096841 59215174 280746117 42445664 238300453 1669990 781585 5424492 1306148 2736731 11918946 190537 190537 292855600 5809957 0.81370 0.82680 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER MISCELLANEOUS INCOMES - 2023 AMOUNT: $ 190,537. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 42500 267481 X X X 0 102809322 6390720 12446150 7475591 114170601 96374818 3980000 9562083 7107579 102809322 123368287 1580000 -20862002 7711467 96374818 98930707 480000 31530743 7573163 123368287 109114336 648826 -3358750 7473705 98930707 0.64217 0.13300 0.22483 0 0 3648960 3648960 123470912 26158525 97312387 2780507 1898196 882311 22228803 19811484 2417319 2144152 1694645 449507 104710484 GOLDEN TREE MULTI-SECTOR CUSTOM FUND I (CAYMAN), LP 12296299 F CEVIAN CAPITAL II LTD 11605301 F HCP PRIVATE EQUITY FUND VIII-A, LP 10502964 F EMPYREAN CAPITAL OVERSEAS FUND, LTD. 10335149 F STEADFAST INTERNATIONAL LTD. 9255837 F FINEPOINT CAPITAL PARTNERS II, LP 8655634 F AMANSA FEEDER LTD 8639649 F TACONIC OPPORTUNITY OFFSHORE FUND LTD 8122862 F HCP PRIVATE EQUITY FUND IX-A, LP 6874713 F WGI EMERGING MARKETS FUND, LLC 5511329 F HCP PRIVATE EQUITY FUND X-A, LP 5188080 F PRIME FINANCE LONG DURATION (B-PIECE) III, LP 3273116 F HCP REAL ESTATE FUND III-A, LP 2773333 F COREVIEW OFFSHORE FUND LIMITED 2447284 F PRIME FINANCE LONG DURATION (B-PIECE) II, LP 2382940 F VARDE INVESTMENT PARTNERS (OFFSHORE), LTD. 2040398 F HCP ABSOLUTE RETURN FUND OFFSHORE FEEDER, LP 1960522 F VELT PARTNERS FUND LLC 1949891 F HCP PRIVATE EQUITY FUND XI-A, LP 1678560 F FORTRESS CREDIT OPPORTUNITIES FUND V (B), LP 1473786 F HCP REAL ESTATE FUND IV-A, LP 1212885 F LUXOR CAPITAL PARTNERS OFFSHORE LIQUIDATING SPV, LTD. 350408 F FORTRESS CREDIT OPPORTUNITIES FUND VI (B), LP 321701 F PRIME FINANCE CMBS OPPORTUNITIES FUND 4, LP 164761 F FCOI II HOLDINGS, LP (FARALLON) 43963 F 119061365 DEFERRED COMPENSATION OBLIGATION 744890 LEASE LIABILITY 308847 1053737 X PART III, LINE 4: ART PIECES ARE DISPLAYED AT AEI AND ARE CONSIDERED A PUBLIC GOOD AVAILABLE FOR THE ENJOYMENT OF VISITORS OF AEI, WHICH INCLUDES THE GENERAL PUBLIC. PART V, LINE 4: THE ENDOWMENT FUNDS PROVIDE LONG-TERM FINANCIAL SUPPORT FOR AEI'S GENERAL OPERATIONS AND FOR PARTICULAR RESEARCH. THE ENDOWMENT FUNDS OFTEN TAKE THE FORM OF NAMED CHAIRS FOR SCHOLARS WORKING IN PARTICULAR FIELDS. PART X, LINE 2: THE INSTITUTE IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED BY THE INTERNAL REVENUE SERVICE (IRS) AS OTHER THAN A PRIVATE FOUNDATION. THE INSTITUTE, HOWEVER, IS REQUIRED TO REPORT UNRELATED BUSINESS INCOME, TO THE IRS AND VARIOUS STATES. THE INSTITUTE HAD NO UNRELATED BUSINESS INCOME TAX FOR THE YEARS ENDED JUNE 30, 2024 AND JUNE 30, 2023. THE INCOME TAX POSITIONS TAKEN BY AEI FOR ANY YEARS OPEN UNDER THE VARIOUS STATUTES OF LIMITATIONS ARE THAT THE INSTITUTE CONTINUES TO BE EXEMPT FROM INCOME TAXES AND THAT THE INSTITUTE HAS PROPERLY REPORTED UNRELATED BUSINESS INCOME THAT IS SUBJECT TO INCOME TAXES. AEI BELIEVES THERE ARE NO TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD SIGNIFICANTLY INCREASE UNRECOGNIZED TAX LIABILITIES WITHIN 12 MONTHS OF THE REPORTING DATE. NONE OF AEI'S FEDERAL OR STATE INCOME TAX RETURNS ARE CURRENTLY UNDER EXAMINATION. 1 NORTH AMERICA - CANADA AND MEXICO 0 0 TRAVEL STIPENDS TO RECIPIENTS LOCATED IN REGION 1500 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 TRAVEL STIPENDS TO RECIPIENTS LOCATED IN REGION 4500 CENTRAL AMERICA AND THE CARIBBEAN 0 0 TRAVEL STIPENDS TO RECIPIENTS LOCATED IN REGION 3000 EAST ASIA AND THE PACIFIC 0 0 TRAVEL STIPENDS TO RECIPIENTS LOCATED IN REGION 34500 RUSSIA AND NEIGHBORING STATES 0 0 TRAVEL STIPENDS TO RECIPIENTS LOCATED IN REGION 3000 SOUTH AMERICA 0 0 TRAVEL STIPENDS TO RECIPIENTS LOCATED IN REGION 1500 SOUTH ASIA 0 0 TRAVEL STIPENDS TO RECIPIENTS LOCATED IN REGION 7500 SUB-SAHARAN AFRICA 0 0 TRAVEL STIPENDS TO RECIPIENTS LOCATED IN REGION 1500 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS IN ENTITIES LOCATED IN REGION 67097673 0 0 0 0 0 0 57000 67097673 67154673 TRAVEL STIPENDS NORTH AMERICA 1 1500 WIRE TRAVEL STIPENDS EUROPE (INCLUDING ICELAND & GREENLAND) 2 4500 WIRE TRAVEL STIPENDS CENTRAL AMERICA AND THE CARIBBEAN 1 3000 WIRE TRAVEL STIPENDS EAST ASIA AND THE PACIFIC 16 34500 WIRE TRAVEL STIPENDS RUSSIA AND NEIGHBORING STATES 1 3000 WIRE TRAVEL STIPENDS SOUTH AMERICA 1 1500 WIRE TRAVEL STIPENDS SOUTH ASIA 3 7500 WIRE TRAVEL STIPENDS SUB-SAHARAN AFRICA 1 1500 WIRE 1 0 0 0 0 0 PART I, LINE 2: OTHER ASSISTANCE PAID TO INDIVIDUALS OUTSIDE THE UNITED STATES IS SUPERVISED BY PROGRAM MANAGERS WHO PROVIDE OVERSIGHT, APPROVE PAYMENTS AND PROVIDE AN ACCOUNTING OF FUNDS SPENT. X X X X X 1 IETSO LLC 2907 BUTTERFIELD ROAD SUITE 150 OAK BROOK IL 60523 FUNDRAISING CONSULTANT 0 0 45000 -45000 45000 -45000 DC NY NJ IL CA CO CT FL GA OR AL NC VA MD MI SC TN MS RI ME PA 1 UNIVERSITY OF CHICAGO 1126 E 59TH STREET CHICAGO IL 60637 362177139 501(C)(3) 150000 0 RESEARCH GRANT RENEW DEMOCRACY INITIATIVE 1230 6TH AVENUE 16TH FLOOR NEW YORK NY 10020 822547275 501(C)(3) 10000 0 CONFERENCE SPONSORSHIP 2 0 STIPENDS FOR VISITING SCHOLARS 159 173075 TRAVEL STIPENDS TO RECIPIENTS 337 453825 PART I, LINE 2: AEI REQUIRES THAT RECIPIENTS OF GRANTS SUBMIT REPORTS DETAILING THE OUTCOMES OF THE GRANT PROJECTS AND THE USE OF FUNDS. X 1 1 X X X X 0 1 0 0 0 0 0 1 0 ROBERT DOAR PRESIDENT 648858 0 325000 0 78300 0 39600 0 32207 0 1123965 0 0 0 JASON W BERTSCH EXECUTIVE VICE PRESIDENT 436068 0 10000 0 14700 0 39600 0 27057 0 527425 0 0 0 YUVAL LEVIN DIRECTOR, SCCS 344976 0 24500 0 5640 0 39600 0 26657 0 441373 0 0 0 KORI SCHAKE DIRECTOR, FDP 328720 0 26000 0 3420 0 39600 0 9929 0 407669 0 0 0 MICHAEL R STRAIN DIRECTOR, ECONOMIC POLICY 308671 0 19000 0 1238 0 39600 0 36207 0 404716 0 0 0 SUZANNE B GERSHOWITZ - SENIOR VICE PRESIDENT & CHIEF OPERATING OFFICER 310819 0 15000 0 560 0 39600 0 30596 0 396575 0 0 0 NICHOLAS EBERSTADT SENIOR FELLOW 308258 0 11150 0 0 0 35631 0 27030 0 382069 0 0 0 ADAM WHITE SENIOR FELLOW 264008 0 6500 0 0 0 32880 0 27046 0 330434 0 0 0 JOHN CUSEY - SENIOR VICE PRESIDENT, EXTERNAL RELATIONS 250835 0 15000 0 0 0 32817 0 31174 0 329826 0 0 0 JAMES PETHOKOUKIS SENIOR FELLOW 250508 0 0 0 0 0 30480 0 27022 0 308010 0 0 0 DANIELLE PLETKA DISTINGUISHED SENIOR FELLOW 262610 0 8000 0 0 0 32620 0 646 0 303876 0 0 0 MATTHEW CONTINETTI DIRECTOR, DOMESTIC POLICY 238705 0 500 0 0 0 29449 0 26609 0 295263 0 0 0 FREDERICK HESS - SENIOR FELLOW & DIRECTOR, EDUCATION 241654 0 5500 0 0 0 30397 0 14965 0 292516 0 0 0 KAZUKI KO - VICE PRESIDENT CHIEF FINANCIAL OFFICER 223725 0 0 0 0 0 27550 0 12096 0 263371 0 0 0 RYAN STREETER - DIRECTOR DOMESTIC POLICY - TO 8/23 178172 0 9500 0 0 0 22800 0 18420 0 228892 0 0 0 PART I, LINE 1A TRAVEL FOR COMPANIONS: BOARD MEMBERS AND STAFF ARE PERMITTED TO BRING SPOUSES TO THE ANNUAL OFF-SITE MEETINGS, WORLD FORUM AND THE BOARD RETREAT. THESE AMOUNTS ARE NOT REPORTED AS TAXABLE COMPENSATION TO THE BOARD MEMBERS AND STAFF. PART I, LINE 4B ROBERT DOAR, 457(F) PLAN: $55,800 CONTRIBUTED DURING CALENDAR YEAR 2023 JASON BERTSCH, 457(F) PLAN: $0 CONTRIBUTED DURING CALENDAR YEAR 2023 PART I, LINE 7 INDIVIDUALS MAY RECEIVE NON-FIXED DISCRETIONARY BONUSES THROUGHOUT THE YEAR AT THE DISCRETION OF THE PRESIDENT. THE PRESIDENT MAY ALSO RECEIVE NON-FIXED DISCRETIONARY BONUSES THROUGHOUT THE YEAR AT THE DISCRETION OF THE BOARD OF TRUSTEES. LYNNE CHENEY SPOUSE OF DIRECTOR 98000 EMPLOYEE COMPENSATION AND 403B EMPLOYER CONTRIBUTION 0 X 2 42500 FAIR VALUE X 26 611616 FAIR VALUE X COMPUTER EQUIPMENT 128 100232 FAIR VALUE 0 0 1 PART I, LINE 32B: AEI HAS AN ACCOUNT WITH A SECURITIES BROKER TO ACCEPT STOCK DONATIONS. DONATIONS ARE SENT DIRECTLY TO THIS ACCOUNT AND ARE SOLD WITHIN A FEW BUSINESS DAYS OF RECEIPT. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE AND THE BOARD OF TRUSTEES REVIEWS THE FORM 990 PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C AEI REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE INSTITUTE'S CONFLICT OF INTEREST POLICY, WHICH IS POSTED ON AEI'S WEBSITE, WWW.AEI.ORG/ABOUT. AEI SCHOLARS, FELLOWS, AND OFFICERS ARE REQUIRED TO PROVIDE ANNUAL REPORTS TO AEI'S PRESIDENT LISTING ALL OF THEIR OUTSIDE ACTIVITIES. THE PRESIDENT THEN PROVIDES A SUMMARY REPORT TO THE NOMINATING AND GOVERNANCE COMMITTEE OF AEI'S BOARD OF TRUSTEES. THE PRESIDENT MAY BRING PARTICULAR ISSUES TO THE ATTENTION OF THIS COMMITTEE OR TO AN INTERNAL COMMITTEE OF SENIOR SCHOLARS AND FELLOWS FOR THEIR REVIEW AND COUNSEL. THE NOMINATING AND GOVERNANCE COMMITTEE ALSO REVIEWS THE COMMERCIAL, PROFESSIONAL, AND CIVIC ENGAGEMENTS OF INDIVIDUALS BEING CONSIDERED FOR ELECTION TO THE BOARD OF TRUSTEES. AEI SCHOLARS AND FELLOWS ARE ALSO REQUIRED TO DISCLOSE IN THEIR PUBLISHED WORK ANY AFFILIATIONS THEY MAY HAVE WITH ORGANIZATIONS WITH A DIRECT INTEREST IN THE SUBJECT OF THAT WORK. WHEN MAKING HIRING DECISIONS TO AEI'S STAFF OR WHEN NOMINATING NEW MEMBERS TO AEI'S BOARD, AEI'S EXECUTIVE TEAM AND BOARD OF TRUSTEES STRESS TO CANDIDATES THE IMPORTANCE OF HONESTY AND INTEGRITY IN THEIR WORK. NEW EMPLOYEES ARE GIVEN A COPY OF AEI'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A AEI FOLLOWS THE FOLLOWING PROCESS FOR DETERMINING COMPENSATION, AS STATED IN AEI'S BYLAWS: THE COMPENSATION OF AEI'S PRESIDENT SHALL BE RECOMMENDED BY THE EXECUTIVE COMMITTEE AND REVISED AT INTERVALS THE COMMITTEE DEEMS APPROPRIATE. THE LEVEL OF AND ANY ADJUSTMENTS TO THE PRESIDENT'S COMPENSATION SHALL BE GUIDED BY THE FOLLOWING FACTORS: (A) THE INTRINSIC QUALITY OF HIS/HER MANAGEMENT, INTELLECTUAL LEADERSHIP, AND PUBLIC REPRESENTATION OF THE INSTITUTE; (B) THE INTRINSIC QUALITY AND PUBLIC REPUTATION OF THE INSTITUTE'S RESEARCH, PUBLICATIONS, AND OTHER OUTPUTS AND THE QUANTITY AND EFFECTIVE DISSEMINATION OF THAT OUTPUT; (C) THE INSTITUTE'S FINANCIAL PERFORMANCE AND STABILITY; (D) THE COMPENSATION OF OTHER CHIEF EXECUTIVES WITH SIMILAR EXPERIENCE; (E) THE COMPENSATION OF CHIEF EXECUTIVES OF OTHER, SIMILAR ORGANIZATIONS; (F) COMPETITIVE CONSIDERATIONS RELEVANT TO THE RETENTION OF THE PRESIDENT AND HIS/HER LONG-TERM COMMITMENT TO THE INSTITUTE; (G) THE PRESIDENT'S SALARY HISTORY; AND (H) ADDITIONAL SIMILAR FACTORS THE EXECUTIVE COMMITTEE DEEMS APPROPRIATE. THE EXECUTIVE COMMITTEE SHALL MAINTAIN RECORDS OF ITS REVIEWS OF THE PRESIDENT'S COMPENSATION AND THE REASONS FOR ANY ADJUSTMENTS IT MAY RECOMMEND TO THAT COMPENSATION, AND SHALL INFORM THE BOARD OF TRUSTEES AT LEAST EVERY TWO YEARS OF ITS EVALUATION OF THE PRESIDENT'S PERFORMANCE AND ANY REVISIONS IT HAS MADE TO HIS/HER COMPENSATION FOR APPROVAL BY THE FULL BOARD OF TRUSTEES. SECTION 2. THE COMPENSATION OF AEI'S OFFICERS AND MANAGERS, SCHOLARS AND FELLOWS, RESEARCH AND ADMINISTRATIVE STAFF, AND ALL OTHER EMPLOYEES SHALL BE DETERMINED BY THE PRESIDENT AND REVIEWED AND REVISED AT INTERVALS THE PRESIDENT DEEMS APPROPRIATE. THE LEVEL OF AND ANY ADJUSTMENTS TO THE COMPENSATION OF AEI'S EMPLOYEES SHALL BE GUIDED BY FACTORS SIMILAR TO THOSE USED BY THE EXECUTIVE COMMITTEE IN DETERMINING THE PRESIDENT'S COMPENSATION, AS APPLIED TO THE PARTICULAR RESPONSIBILITIES OF EACH EMPLOYEE. THE PRESIDENT SHALL MAINTAIN RECORDS OF REVIEWS OF AND ANY ADJUSTMENTS TO THE COMPENSATION OF AEI'S EMPLOYEES AND SHALL PROVIDE TO THE EXECUTIVE COMMITTEE, AT LEAST EVERY TWO YEARS, A REPORT ON AEI'S COMPENSATION POLICIES AND STRUCTURE. FORM 990, PART VI, SECTION C, LINE 19 AEIS ORGANIZATION AND PURPOSES AND STATEMENTS ON RESEARCH INTEGRITY, PUBLIC ADVOCACY, POLITICAL CAMPAIGNS AND OTHER PARTISAN ACTIVITIES, OUTSIDE ACTIVITIES, AND CONFLICTS OF INTERESTS ARE POSTED AND UPDATED REGULARLY ON AEI'S WEBSITE. AEI'S ANNUAL REPORT, AUDITED FINANCIALS, AND 990 ARE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: PENSION RELATED CHARGES OTHER THAN NET PERIODIC PENSION COSTS 50,347. DEVELOPMENT FEE LOSS -9,500,000. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. AEI 1785 MASSACHUSETTS AVENUE PROPERTY OWNER LLC 1789 MASSACHUSETTS AVENUE NW WASHINGTON DC 20036 300942628 COMMERCIAL REAL ESTATE DC AMERICAN ENTERPRISE INSITUTE FOR PUBLIC POLICY RESEARCH AEI 1789 MASSACHUSETTS PROPERTY OWNER LLC 1789 MASSACHUSETTS AVE NW WASHINGTON DC 20036 352565244 REAL ESTATE INVESTMENT DE AMERICAN ENTERPRISE INSITUTE FOR PUBLIC POLICY RESEARCH C 1934 1.00000 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 AEI 1785 MASSACHUSETTS AVENUE PROPERTY OWNER LLC K 1335281 FMV