2023-11-15T15:04:42-06:00 2022-12-31 221478099 COHNREZNICK LLP 7501 WISCONSIN AVENUE SUITE 400E BETHESDA MD 20814 990 2022-01-01 942666764 THE WALTER KAITZ FOUNDATION WALT 2022222490 25 MASSACHUSETTS AVE NW SUITE 100 WASHINGTON DC 20001 NILDA GUMBS ACTING EXEC. DIRECTOR 2022222490 2023-11-14 1 NILDA GUMBS 999009999 0 DANIEL O'SHEA P00957510 3016529100 2023-10-30 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z NILDA GUMBS 25 MASSACHUSETTS AVE NW SUITE 100 WASHINGTON DC 20001 2079208 0 X WWW.WALTERKAITZ.ORG X 1980 CA THE WALTER KAITZ FOUNDATION IS A NATIONAL ORGANIZATION DEDICATED TO DIVERSITY WITHIN THE CABLE AND BROADBAND INDUSTRY. 20 19 0 19 0 0 1377114 1701246 70000 125600 137469 66755 0 -258318 1584583 1635283 826600 672654 0 0 711878 653192 0 0 250035 195677 240002 1734155 1565848 -149572 69435 4291830 3662471 283300 234547 4008530 3427924 X THE WALTER KAITZ FOUNDATION IS A NATIONAL ORGANIZATION DEDICATED TO DIVERSITY WITHIN THE CABLE AND BROADBAND INDUSTRY. THE FOUNDATION HAS ADOPTED A COMPREHENSIVE PROGRAM TO FULFILL ITS MISSION. THIS APPROACH INCLUDES A GRANT AWARDING PROGRAM, ENHANCING THE INDUSTRY'S SUPPLIER DIVERSITY PROGRAM, CREATING A COMPREHENSIVE WEBSITE, AND STRENGTHENING TIES WITHIN OUR NATION'S DIVERSE COMMUNITIES. 0 0 672654 672654 125600 GRANTS PROGRAM - TO FURTHER THE FOUNDATION'S MISSION BY FUNDINGCREATIVE AND UNIQUE PROJECTS IN TWO AREAS:1. COMMUNITY AND RESOURCE DEVELOPMENT: THE FOUNDATION SEEKS TO FUND INITIATIVES THAT PROVIDE THE CABLE AND BROADBAND INDUSTRY WITH BETTER ACCESS TO DIVERSE SUPPLIERS AND ENTREPRENEURS WITH THE TOOLS TO COMPETE EFFECTIVELY WITHIN THE INDUSTRY. THE GRANTS PROGRAM ALSO SEEKS TO FUND COLLABORATIVE EFFORTS WITHIN THE INDUSTRY AND COMMUNITIES THAT DEMONSTRATE AND REINFORCE THE IMPORTANCE OF DIVERSITY.2. WORKFORCE DEVELOPMENT: THE FOUNDATION SEEKS TO HELP THOSE ORGANIZATIONS AND INSTITUTIONS THAT SERVE DIVERSE PROFESSIONALS WITHIN THE INDUSTRY TO DEVELOP AND PROVIDE NEW TOOLS AND TRAINING TO STRENGTHEN THEIR SKILLS AND ACCELERATE THEIR CAREER ADVANCEMENT. 495042 OUTREACH PROGRAM - THE PROGRAM COORDINATES EFFORTS WITHIN THE CABLE AND BROADBAND INDUSTRY, AND THE BROADER COMMUNITIES WITH WHICH THE INDUSTRY INTERACTS. THE FOUNDATION WEBSITE PROMOTES THE WORK OF THE FOUNDATION, DISSEMINATES DIVERSITY BEST PRACTICES, AND MAINTAINS INFORMATION ON OPPORTUNITIES IN THE INDUSTRY. INDIVIDUALS AND DIVERSE SUPPLIERS MAY ALSO ATTEND EVENTS SCHEDULED ON THE FOUNDATION'S CALENDAR AND UTILIZE OTHER USEFUL LINKS AND RESOURCES ON THE WEBSITE. 1167696 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 9 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 20 19 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X ALEXANDRA BRINTON 2022222393 25 MASSACHUSETTS AVE NW SUITE 100 WASHINGTON DC 200011431 PAT MCADARAGH CHAIRMAN 1.00 1.00 X X 0 0 0 BOB BAKISH SECRETARY 1.00 1.00 X X 0 0 0 MARK GREATREX TREASURER 1.00 1.00 X X 0 0 0 THOMAS RUTLEDGE VICE-CHAIRMAN 1.00 1.00 X X 0 0 0 DAVE WATSON IMMEDIATE PAST CHAIRMAN 1.00 1.00 X X 0 0 0 MICHAEL POWELL PRESIDENT & CEO 3.00 42.00 X X 0 5633129 734821 PAUL BUCCIERI DIRECTOR 1.00 1.00 X 0 0 0 FRANK DRENDEL DIRECTOR 1.00 1.00 X 0 0 0 RONALD DUNCAN DIRECTOR 1.00 1.00 X 0 0 0 JOHN EVANS DIRECTOR 1.00 1.00 X 0 0 0 KATHLEEN FINCH DIRECTOR 1.00 1.00 X 0 0 0 SANDY HOWE DIRECTOR 1.00 1.00 X 0 0 0 ALFRED LIGGINS III DIRECTOR 1.00 1.00 X 0 0 0 WONYA LUCAS DIRECTOR 1.00 1.00 X 0 0 0 DAVID NEVINS DIRECTOR 1.00 1.00 X 0 0 0 JOHN PASCARELLI DIRECTOR 1.00 1.00 X 0 0 0 JAMES PITARO DIRECTOR 1.00 1.00 X 0 0 0 JOSHUA SAPAN DIRECTOR 1.00 1.00 X 0 0 0 RICHARD SJOBERG DIRECTOR 1.00 1.00 X 0 0 0 PHIL SPENCER DIRECTOR 1.00 1.00 X 0 0 0 PATRICK ESSER DIRECTOR - OUTGOING 1.00 1.00 X 0 0 0 CHARLIE COLLIER DIRECTOR - OUTGOING 1.00 1.00 X 0 0 0 JASON KILAR DIRECTOR - OUTGOING 1.00 1.00 X 0 0 0 DAVID ZASLAV DIRECTOR - OUTGOING 1.00 1.00 X 0 0 0 MICHELLE RAY EXECUTIVE DIRECTOR 45.00 X 432233 0 56907 432233 5633129 791728 1 0 1 0 MARRIOTT BUSINESS SERVICES PO BOX 403003 ATLANTA GA 30384 FOOD & FACILITIES FOR KAITZ DINNER 221810 O'KEEFE COMMUNICATIONS LLC 4301 CONNECTICUT AVE NW 200 WASHINGTON DC 20008 PRODUCTION SERVICES FOR KAITZ DINNER 147657 2 787707 913200 339 1701246 SPONSORSHIPS 900099 125500 125500 OTHER INCOME 900099 100 100 125600 66624 66624 5238 5107 131 131 131 180500 913200 438818 -258318 -258318 1635283 125600 0 -191563 672654 672654 489140 220113 97827 171200 98571 44357 19715 34499 20271 9122 4054 7095 16593 7467 3318 5808 28617 12878 5723 10016 35924 16166 7185 12573 5061 5061 67728 58126 3492 6110 8792 5109 1453 2230 35188 34636 201 351 69 31 14 24 PROGRAM EXPENSES 85345 85345 0 HONORARIA 1526 1526 0 FILNG FEES 220 99 44 77 DUES AND SUBSCRIPTIONS 149 67 30 52 1565848 1167696 148117 250035 232283 38484 382248 547984 51025 76145 52175 7708 10925 4275 0 6650 3574099 2985500 4291830 3662471 205800 234547 77500 283300 234547 X 4008530 3427924 4008530 3427924 4291830 3662471 69435 -650041 0 X 0 1 X 1 0 X 1955267 1910032 1389150 1377114 1701246 8332809 1955267 1910032 1389150 1377114 1701246 8332809 3913399 4419410 97098 90532 61313 72690 66624 388257 8721066 394641 0.50680 0.55310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4275 4275 0 6650 6650 6650 X 1465705 -650041 46883 -603158 2068863 5238 -438818 -433580 1635283 2046311 46883 438818 485701 1560610 5238 5238 1565848 PART X, LINE 2: THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND, AS SUCH, IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE FOUNDATION RECOGNIZES INTEREST EXPENSE AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN MANAGEMENT AND GENERAL EXPENSES ON THE STATEMENTS OF ACTIVITIES AND CHANGE IN NET ASSETS AND ACCOUNTS PAYABLE AND ACCRUED EXPENSES IN THE STATEMENTS OF FINANCIAL POSITION. THERE IS NO PROVISION IN THESE FINANCIAL STATEMENTS FOR PENALTIES AND INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021. TAX YEARS PRIOR TO 2019 ARE NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE TAX JURISDICTIONS OF CALIFORNIA AND THE DISTRICT OF COLUMBIA. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -438,818. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 438,818. DINNER 1093700 913200 180500 155328 283490 1093700 913200 180500 155328 283490 438818 -258318 1 EMMA BOWEN FOUNDATION 30 ROCKEFELLER PLAZA 1221 AVE OF THE AMERICAS 28A42 NEW YORK NY 10112 222635292 501(C)(3) 265000 0 N/A N/A PROMOTE DIVERSITY IN THE CABLE INDUSTRY NATL ASSOC FOR MULTI-ETHNICITY IN COMM 50 BROAD ST STE 1801 NEW YORK NY 10004 841488263 501(C)(6) 149872 0 N/A N/A PROMOTE DIVERSITY IN THE CABLE INDUSTRY T HOWARD FOUNDATION 8630 FENTON STREET SUITE 316 SILVER SPRING MD 20910 541712500 501(C)(3) 118987 0 N/A N/A PROMOTE DIVERSITY IN THE CABLE INDUSTRY WOMEN IN CABLE TELECOMMUNICATIONS 2000 K ST NW SUITE 350 WASHINGTON DC 20006 363814358 501(C)(3) 138795 0 N/A N/A PROMOTE DIVERSITY IN THE CABLE INDUSTRY 3 1 SCHEDULE I, PART I, LINE 2: THE WALTER KAITZ FOUNDATION MONITORS THE USE OF PROGRAM FUNDS THROUGH REVIEW OF GRANTEE'S ANNUAL AUDITS AND IRS 990'S, CONDUCTING PERIODIC REVIEWS OF THE PROGRAMS FUNDED, AND PROVIDING FUNDING TO SUPPORT INDEPENDENT THIRD-PARTY EVALUATION OF THE PROGRAMS SUPPORTED. X 1 1 0 0 0 0 0 1 0 MICHAEL POWELL PRESIDENT & CEO 0 4326592 0 1200000 0 106537 0 712230 0 22591 0 6367950 0 0 MICHELLE RAY EXECUTIVE DIRECTOR 273939 0 71750 0 86544 0 37230 0 19677 0 489140 0 0 0 PART I, LINE 4A: MICHELLE RAY RECEIVED SEVERANCE OF $84,412 IN 2022. PART I, LINE 4B: THE PRESIDENT & CEO OF NCTA - THE INTERNET & TELEVISION ASSOCIATION PARTICIPATES IN A DEFERRED COMPENSATION AGREEMENT ADMINISTERED BY NCTA - THE INTERNET & TELEVISION ASSOCIATION. PART I, LINE 7: MICHELLE RAY RECEIVED PERFORMANCE BONUSES OF $71,750 IN 2022. FORM 990, PART VI, SECTION A, LINE 7A THE NCTA BOARD OF DIRECTORS HAVE BEEN APPOINTED THE POWERS AND DUTIES OF THE BOARD OF TRUSTEES OF THE WALTER KAITZ FOUNDATION. NCTA'S BOARD OF DIRECTORS ARE ELECTED BY THE MEMBERS OF NCTA. THE OFFICERS OF THE ORGANIZATION, INCLUDING THE CHAIRMAN, VICE-CHAIRMAN, SECRETARY, TREASURER, AND PAST-CHAIRMAN, APPROVE THE OPERATING BUDGET, GRANTS AWARDED BY THE ORGANIZATION, AND MAKE DECISIONS RELATING TO THE FORMAL DINNER WHICH BRINGS ALL OF THE MEMBERSHIP TOGETHER. FORM 990, PART VI, SECTION A, LINE 7B PLEASE SEE THE EXPLANATION OFFERED IN REFERENCE TO FORM 990, PART VI, SECTION A, LINE 7A. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING OF FEDERAL FORM 990, THE FORM IS MAILED TO ALL BOARD MEMBERS WHO INDEPENDENTLY REVIEW THE FORM. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY ADDRESSING ANY CONFLICTS AT EVERY BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION'S EMPLOYEES ARE BILLED THROUGH NCTA'S PAYROLL, WITH NCTA ACTING AS A COMMON PAYMASTER AND BEING REIMBURSED TO NCTA FOR PERSONNEL COSTS. NCTA HAS THE FOLLOWING PROCEDURES IN PLACE: TOP MANAGEMENT, OFFICERS, AND KEY EMPLOYEES UNDERGO AN ANNUAL PERFORMANCE REVIEW OF THE INDIVIDUAL'S COMPENSATION. THE ORGANIZATION'S BOARD OF DIRECTORS MUST REVIEW AND APPROVE THE COMPENSATION OF THE PRESIDENT & CEO. THE ANNUAL COMPENSATION ADJUSTMENTS FOR ALL OTHER STAFF IS REVIEWED BY THE PRESIDENT & CEO. THE ORGANIZATION ALSO USED SALARY SURVEYS TO ENSURE THAT COMPENSATION AMOUNTS ARE WITHIN GUIDELINES FOR ALL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. NCTA - THE INTERNET & TELEVISION ASSOC 25 MASSACHUSETTS AVENUE NW WASHINGTON DC 20001 530222396 INDUSTRY REP. DC 501(C)(6) N/A N/A 0 THE NCTA EDUCATION FOUNDATION 25 MASSACHUSETTS AVENUE NW WASHINGTON DC 20001 521653760 EDUCATIONAL DC 501(C)(3) LINE 10 NCTA 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 NCTA - THE INTERNET & TELEVISION ASSOCIATION O 752142 COST NCTA - THE INTERNET & TELEVISION ASSOCIATION P 731391 COST