2025-06-27T11:41:38-05:00 2024-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2024-01-01 300080738 TRUST FOR THE NATIONAL MALL TRUS 2024079408 1717 PENNSYLVANIA AVENUE NW 250 WASHINGTON DC 20006 CATHERINE TOWNSEND PRESIDENT 2024079408 2025-06-27 1 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2024 2025-03-06 01:10:19Z CATHERINE TOWNSEND 1717 PENNSYLVANIA AVENUE NW 250 WASHINGTON DC 20006 15397614 0 X WWW.NATIONALMALL.ORG X 2002 DC SEE PART III, LINE 1. 15 14 41 180 0 0 12216511 9545837 0 0 604504 691610 0 0 12821015 10237447 1000000 0 0 0 3729372 4817337 0 0 1432950 12501874 9598036 17231246 14415373 -4410231 -4177926 33131327 28669073 6882765 6286179 26248562 22382894 X AS THE LEADING NONPROFIT, NONPARTISAN PHILANTHROPIC PARTNER OF THE NATIONAL PARK SERVICE DEDICATED TO RESTORING, ENRICHING AND PRESERVING THE NATIONAL MALL, THE TRUST BRINGS EXPERTISE, PRIVATE FUNDING AND IN-KIND SUPPORT TO TIME-SENSITIVE RESTORATION AND SUSTAINABILITY PROJECTS, MOBILIZES VOLUNTEERS AND PROVIDES EDUCATIONAL OPPORTUNITIES TO ENSURE THAT THE NATIONAL MALL ENDURES AND EVOLVES AS A VIBRANT SPACE FOR ALL. WITH OVER 36 MILLION VISITS ANNUALLY TO THE NATIONAL MALL, COMBINED WITH AGING INFRASTRUCTURE AND THE NEED FOR BETTER VISITOR AMENITIES THROUGHOUT THE PARK, THE TRUST IS HELPING THE NATIONAL PARK SERVICE TACKLE THE MORE THAN $800 MILLION NEEDED FOR CRITICAL REPAIRS AND MODERNIZED IMPROVEMENTS. 1 0 5689821 PUBLIC AWARENESS AND EDUCATION CONSISTS OF PUBLICATIONS, NEWSLETTERS, EVENTS, PARTNERSHIP ACTIVATIONS, AND LEADERSHIP CONVENINGS TO CONNECT TRUST STAKEHOLDERS AND THE GENERAL PUBLIC TO THE NATIONAL MALL. THIS ALSO INCLUDES PUBLIC OUTREACH WITH OUR NETWORKS, THE MEDIA, AND FEDERAL AND LOCAL OFFICIALS TO INFORM ABOUT THE NEEDS OF THE NATIONAL MALL. 3726526 EDUCATIONAL EXPERIENCES CONSISTS OF PROGRAMS DESIGNED TO EDUCATE THE PUBLIC ABOUT THE NATIONAL MALL AND ENRICH THEIR EXPERIENCE EITHER ON SITE OR VIRTUALLY. THESE PROGRAMS PROVIDE QUALITY RESOURCES, INCLUDING HISTORICAL INFORMATION, PLANNING TOOLS, AND TOUR OPTIONS FOR USE BY EDUCATORS, STUDENTS, AND THE GENERAL PUBLIC ABOUT THE NATIONAL MALL. THE SCOPE MAY BE BROAD IN FOCUS OR ON SPECIFIC TOPIC AREAS. 2469460 RESTORATION AND MAINTENANCE CONSISTS OF DESIGN AND CONSTRUCTION OF CAPITAL IMPROVEMENT PROJECTS, PROVIDING SPECIALIZED EXPERTISE, AND LONG-TERM ANNUAL MAINTENANCE FOR SELECT SITES THAT WILL ADDRESS PARK USE AND VISITOR EXPERIENCE, AND SHOWCASE THE NATIONAL MALL AS A WORLD-CLASS PARK BEFITTING THIS GREAT NATION. THIS ALSO INCLUDES ACTIVITIES TO RESTORE AND MAINTAIN SELECT SITES ON THE GROUNDS OF PRESIDENT'S PARK. 605376 VOLUNTEER AND COMMUNITY ENGAGEMENT CONSISTS OF PROVIDING OPPORTUNITIES FOR INDIVIDUALS, ORGANIZATIONS, AND COMPANIES TO PARTICIPATE IN SERVICE PROJECTS AND SCHEDULED YEAR-AROUND VOLUNTEER SERVICE THROUGH THE VOLUNTEERS IN PARKS (VIP) PROGRAM AND THE MALL HANDS ON DECK PROGRAM. IT ALSO INCLUDES CONVENINGS AND OTHER ACTIVITIES IN PARTNERSHIP WITH OTHER NPS PARK PARTNERS TO SUPPORT SITES ON THE NATIONAL MALL. 605376 12491183 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 34 0 1 41 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 14 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 AL AR CA FL GA HI IL KS KY MA MD MI MN MS NH NC NJ NM NY OR PA RI SC TN VA WI WV X WES TOMER 2024079408 1717 PENNSYLVANIA AVENUE NW SUITE WASHINGTON DC 20006 CATHERINE J TOWNSEND PRESIDENT & CEO 40.00 X X 344445 0 34890 BRUCE D BROUSSARD CHAIR 5.00 X X 0 0 0 SHEILA JOHNSON VICE CHAIR 2.00 X X 0 0 0 EDWARD L SAMEK TREASURER 2.00 X X 0 0 0 GEORGETTE DIXON SECRETARY 2.00 X X 0 0 0 JOHN E AKRIDGE III FOUNDER & CHAIR EMERITUS 1.00 X X 0 0 0 VALERIE CAMILLO DIRECTOR 1.00 X 0 0 0 ARMEANE M CHOKSI PHD DIRECTOR 1.00 X 0 0 0 KATE CURTIN LINDSEY DIRECTOR 1.00 X 0 0 0 DR BARBARALEE SPIELVOGEL DIRECTOR 1.00 X 0 0 0 JOHN DREW DIRECTOR 1.00 X 0 0 0 LANNY GRIFFITH DIRECTOR 1.00 X 0 0 0 ERIC HOPLIN DIRECTOR 1.00 X 0 0 0 STACY KERR DIRECTOR 1.00 X 0 0 0 NELS OLSEN DIRECTOR 1.00 X 0 0 0 CINDY WILLMANN CHIEF OPERATING OFFICER 40.00 X 239527 0 18566 TERESA DURKIN EXECUTIVE VICE PRESIDENT 40.00 X 254122 0 46315 JEREMY L GOLDSTEIN VP OF PROGRAMS 40.00 X 153334 0 19097 JULIE A MOORE VP OF COMMUNICATIONS 40.00 X 154877 0 15378 STEPHEN E PEELER SR. DIR OF PHILANTHROPY 40.00 X 186733 0 5311 TAMRA MCCRAW DIR OF CORP RELATIONS 40.00 X 171669 0 25751 JAN JENSEN DIR OF INDIV. PHILANTHROPY 40.00 X 158355 0 6524 ALEXANDRA FERNANDEZ DIR OF WEST COAST PHILANTHROPY 40.00 X 143848 0 11986 DESTINEE HODGE SR. DIR OF SPECIAL PROGRAMS 40.00 X 132036 0 11193 1938946 0 195011 14 0 1 0 CENTERED NETWORKS INC 1527 STOCKTON STREET FLOOR 2 SAN FRANCISCO CA 94133 TECHNOLOGY PROFESSIOONAL SERVICES 1814026 HENSEL PHELPS CONSTRUCTION CO 420 6TH AVENUE GREELEY CO 80632 CONSTRUCTION & PROJECT MANAGEMENT SERVIC 1799832 GMR MARKETING 5000 S TOWNE DR NEW BERLIN WI 53151 MARKETING & CREATIVE DESIGN SERVICES 1267898 LINDER & ASSOCIATES INC 2150 WISCONSIN AVE WASHINGTON DC 20007 EVENT MANAGEMENT 1202655 COMMUNITY COUNSELLING SERVICES CO LLC 527 MADISON AVE 5TH FL NEW YORK NY 10022 FUNDRAISING CONSULTING 666326 16 9545837 189475 9545837 820066 820066 5031711 5031478 128689 233 -128689 -128456 -128456 10237447 0 0 691610 X 1280554 1210485 15079 54990 2876782 2498756 81350 296676 144416 125855 5281 13280 211896 178504 9483 23909 303689 272020 6385 25284 46750 36548 546 9656 245853 192200 2872 50781 3300550 2493971 43169 763410 260331 260331 241812 122872 6032 112908 184803 120149 30329 34325 423300 323322 77879 22099 64083 50439 13644 2748700 2717137 12036 19527 59089 11267 47032 790 59719 48809 7487 3423 11219 8152 2784 283 DES./REST./PROJ. COSTS 1770935 1769983 952 RECURITING AND JOB POST 59425 4477 54948 STAFF DEVELOPMENT 20154 1518 18636 PAYROLL FEES 18739 1412 17327 82574 42976 37989 1609 14415373 12491183 491240 1432950 4133046 2551668 1284372 3298835 11866516 9399565 10866 28485 462915 148470 186659 314445 13452901 9224882 2196967 3851193 33131327 28669073 2564217 818494 1727233 1477233 2591315 3990452 6882765 6286179 X -2491360 -2671550 28739922 25054444 26248562 22382894 33131327 28669073 X -4177926 -81580 393838 X 0 1 X 1 0 X 7391114 38837202 2229035 12216511 9545837 70219699 7391114 38837202 2229035 12216511 9545837 70219699 33586470 36633229 41239 15389 251053 604552 820066 1732299 71951998 0.50910 0.47480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 706544 62066 34998 6208 4663 792737 640272 44977 25792 4497 706544 589628 43588 7056 640272 533828 61796 184 6180 589628 505365 30602 921 3060 533828 0.00000 0.93477 0.06523 0 0 150709 6534 144175 194631 90419 104212 117575 51517 66058 314445 RIGHT-OF-USE ASSET, NET 3851193 3851193 LEASE LIABILITY 3990452 3990452 10551318 -81580 395451 313871 10237447 0 10237447 14810824 395451 395451 14415373 0 14415373 PART V, LINE 4: THE FUND IS INTENDED TO PROVIDE RELIABLE, SIGNIFICANT MONIES ON AN ANNUAL BASIS, IN PERPETUITY, FOR THE REPLACEMENT AND MAINTENANCE OF THE CHERRY TREE GROVE SURROUNDING THE TIDAL BASIN AND ADJACENT AREAS IN EAST AND WEST POTOMAC PARKS, NATIONAL MALL AND MEMORIAL PARKS. X X X 0 0 0 0 0 0 0 0 0 CATHERINE J TOWNSEND PRESIDENT & CEO 344445 0 0 0 0 0 13800 0 21090 0 379335 0 0 0 TERESA DURKIN EXECUTIVE VICE PRESIDENT 254122 0 0 0 0 0 3500 0 42815 0 300437 0 0 0 CINDY WILLMANN CHIEF OPERATING OFFICER 239527 0 0 0 0 0 6216 0 12350 0 258093 0 0 0 TAMRA MCCRAW DIR OF CORP RELATIONS 171669 0 0 0 0 0 4563 0 21188 0 197420 0 0 0 STEPHEN E PEELER SR. DIR OF PHILANTHROPY 186733 0 0 0 0 0 3818 0 1493 0 192044 0 0 0 JEREMY L GOLDSTEIN VP OF PROGRAMS 153334 0 0 0 0 0 4338 0 14759 0 172431 0 0 0 JULIE A MOORE VP OF COMMUNICATIONS 154877 0 0 0 0 0 3846 0 11532 0 170255 0 0 0 JAN JENSEN DIR OF INDIV. PHILANTHROPY 158355 0 0 0 0 0 5069 0 1455 0 164879 0 0 0 ALEXANDRA FERNANDEZ DIR OF WEST COAST PHILANTHROPY 143848 0 0 0 0 0 4511 0 7475 0 155834 0 0 0 X 1 29076 FMV X COMPUTER EQUIPMENT & SUPPLIES 16 101389 FMV X PROGRAM COLLATERAL 2 26299 FMV X MARKETING COLLATERAL 10 18426 FMV X FOOD AND BEVERAGES 3 14285 FMV 0 0 0 0 FORM 990, PART III, LINE 2 DURING THE YEAR THE ORGANIZATION IMPLMENTED A NEW PROGRAM, EDUCATIONAL EXPERIENCES. SEE PART III, LINE 4B FOR MORE DETAIL. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH THE POWER TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN WAS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED BY SENIOR MANAGEMENT. IT WAS THEN PROVIDED TO THE ALL MEMBERS OF THE GOVERNING BODY FOR REVIEW AND COMMENTS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES OF THE TRUST MUST AVOID AND/OR DISCLOSE ANY ACTIVITY OR ASSOCIATIONS WHICH WOULD IN ANY WAY COMPROMISE THEIR ACTIONS ON BEHALF OF THE TRUST AND CREATE A CONFLICT OF INTEREST. THE TERM "CONFLICT OF INTEREST" DESCRIBES ANY CIRCUMSTANCE THAT WOULD CAST DOUBT ON AN EMPLOYEE'S ABILITY TO ACT WITH OBJECTIVITY WITH REGARD TO THE INTERESTS OF THE TRUST. ACTIVITIES WHICH COULD RAISE A QUESTION OF CONFLICT OF INTEREST INCLUDE, BUT ARE NOT LIMITED TO THE FOLLOWING: - TO CONDUCT BUSINESS ON BEHALF OF THE TRUST WITH THE EMPLOYEES' RELATIVE OR AN INDIVIDUAL WITH WHOM THE EMPLOYEE HAS A ROMANTIC OR PERSONAL RELATIONSHIP, OR WITH A BUSINESS TRUST OR FIRM IN WHICH THE EMPLOYEE, OR THE EMPLOYEE'S RELATIVE OR INDIVIDUAL WITH WHOM THE EMPLOYEE HAS A ROMANTIC RELATIONSHIP HAS A SIGNIFICANT ASSOCIATION, WHICH COULD GIVE RISE TO A CONFLICT OF INTEREST, WITHOUT FIRST DISCLOSING THE RELATIONSHIP AND OBTAINING WRITTEN APPROVAL FROM AN OFFICER OF THE TRUST. - TO SERVE IN AN ADVISORY, CONSULTATIVE, TECHNICAL OR MANAGERIAL CAPACITY FOR ANY NONAFFILIATED BUSINESS TRUST WITHOUT FIRST OBTAINING WRITTEN APPROVAL FROM THE PRESIDENT OF THE TRUST. - TO SOLICIT OR ACCEPT PERSONALLY MONETARY PAYMENTS OR TANGIBLE GIFTS WITH A VALUE GREATER THAN $100.00 FROM ANY PERSON OR FIRM WITH WHOM THE TRUST DOES BUSINESS WITHOUT REPORTING THE MATTER IMMEDIATELY TO THE EMPLOYEE'S SUPERVISOR. IN ORDER TO MAINTAIN THE INTEGRITY OF THE TRUST, AND TO AVOID EVEN THE APPEARANCE OF IMPROPRIETY, IT IS ESSENTIAL THAT EMPLOYEES DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST TO THEIR SUPERVISOR AS SOON AS THEY BECOME AWARE OF SUCH A POTENTIAL CONFLICT. IF EMPLOYEES HAVE EVEN THE SLIGHTEST CONCERN THAT A PARTICULAR CONDUCT MAY CONSTITUTE A CONFLICT OF INTEREST, THEY SHOULD CONTACT THEIR SUPERVISOR. MATERIAL CONFLICTS OF INTEREST: INDIVIDUALS COVERED BY THIS POLICY DO NOT SOLICIT OR ENTER INTO FINANCIAL TRANSACTIONS WITH THE TRUST EXCEPT UPON THE FOLLOWING CONDITIONS: - THE INDIVIDUAL INVOLVED IDENTIFIES THE POTENTIAL CONFLICT TO THE BOARD OR COMMITTEE; - THE INDIVIDUAL FULLY DISCLOSES ALL FACTS RELEVANT TO THE PROPOSED FINANCIAL TRANSACTION; - THE BOARD OR COMMITTEE CONDUCTS APPROPRIATE DUE DILIGENCE IN DETERMINING WHETHER TO ENTER THE PROPOSED TRANSACTION; - THE INDIVIDUAL ABSENTS HIM OR HERSELF FROM THE MEETING DURING ANY DISCUSSION OF THE MATTER AND REFRAINS FROM VOTING ON IT, AND - THE MINUTES OF THE MEETING OF THE BOARD OR COMMITTEE REFLECTS THAT THE CONFLICT OF INTEREST WAS DISCLOSED, THAT THE INTERESTED PERSON WAS NOT PRESENT DURING THE FINAL DISCUSSION OR VOTE, AND THAT THE INTERESTED PERSON DID NOT VOTE. RECOGNIZING THAT MANY CONTRACTING AND OTHER FINANCIAL COMMITMENTS ARE ENTERED INTO BY AUTHORIZED STAFF AND NOT THE BOARD OR COMMITTEE, A BOARD MEMBER HAS AN AFFIRMATIVE DUTY TO DISCLOSE ANY INTEREST IN ANY FINANCIAL TRANSACTION WITH THE TRUST. INTERESTS INCLUDE THAT OF THE INDIVIDUAL AND RELATED PARTIES. SUCH TRANSACTIONS WILL BE DISCOURAGED AND EVALUATED ON A CASE-BY-CASE BASIS. EXCEPTIONS WILL ONLY BE PERMITTED IF THE TRANSACTION IS IN THE BEST INTEREST OF THE TRUST AND THE TRANSACTION IS APPROVED BY THE EXECUTIVE COMMITTEE OR BOARD IN ACCORDANCE WITH THE CONDITIONS OUTLINED ABOVE. THIS PROVISION WILL CONTINUE TO APPLY FOR A PERIOD OF ONE YEAR AFTER THE BOARD MEMBER'S BOARD SERVICE ENDS. FORM 990, PART VI, SECTION B, LINE 15A THE TRUST FOR THE NATIONAL MALL UTILIZES SALARY SURVEY MARKET INFORMATION AND THE USE OF AN OUTSIDE PROFESSIONAL RECRUITING FIRM. THE COMPENSATION PROCESS IS DISCUSSED AND DOCUMENTED IN STAFF EMPLOYMENT CONTRACTS. THE LAST COMPENSATION REVIEW TOOK PLACE IN DECEMBER 2024. TOGETHER, THE PRESIDENT, FINANCE COMMITTEE AND BOARD ARE RESPONSIBLE FOR DETERMINING THE COMPENSATION OF OTHER OFFICERS AND STAFF. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G NET PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 989,914. MANAGEMENT AND GENERAL EXPENSES 17,135. FUNDRAISING EXPENSES 303,015. TOTAL EXPENSES 1,310,064. PUBLIC RELATIONS: PROGRAM SERVICE EXPENSES 530,229. MANAGEMENT AND GENERAL EXPENSES 9,178. FUNDRAISING EXPENSES 162,304. TOTAL EXPENSES 701,711. CONTRACTED MAINTENANCE SERVICES: PROGRAM SERVICE EXPENSES 255,955. MANAGEMENT AND GENERAL EXPENSES 4,430. FUNDRAISING EXPENSES 78,348. TOTAL EXPENSES 338,733. HUMAN RESOURCES: PROGRAM SERVICE EXPENSES 94,646. MANAGEMENT AND GENERAL EXPENSES 1,638. FUNDRAISING EXPENSES 28,971. TOTAL EXPENSES 125,255. FUNDRAISING & STEWARDSHIP: PROGRAM SERVICE EXPENSES 85,128. MANAGEMENT AND GENERAL EXPENSES 1,474. FUNDRAISING EXPENSES 26,058. TOTAL EXPENSES 112,660. CAMPAIGN, FEASIBILITY, STUDIES: PROGRAM SERVICE EXPENSES 538,099. MANAGEMENT AND GENERAL EXPENSES 9,314. FUNDRAISING EXPENSES 164,714. TOTAL EXPENSES 712,127. FORM 990, PART XI, LINE 9: GAIN ON TERMINATION OF LEASE 393,838.