2021-11-12T12:32:27-06:00 2020-12-31 521073331 DEMBO JONES PC 6116 EXECUTIVE BLVD SUITE 500 NORTH BETHESDA MD 20852 990 2020-01-01 474464400 WASHINGTON CENTER FOR EQUITABLE GROWTH INC WASH 2025456002 1156 15TH STREET NW NO 700 WASHINGTON DC 20005 DR MICHELLE HOLDER PRESIDENT & CEO 2025456002 2021-11-10 1 DR MICHELLE HOLDER XXX-XX-XXXX BRENT A CROGHAN CPA P00846741 3017705100 2021-11-10 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z DR MICHELLE HOLDER 1156 15TH STREET NW NO 700 WASHINGTON DC 20005 10852740 0 X WWW.EQUITABLEGROWTH.ORG X 2015 DC THE WASHINGTON CENTER FOR EQUITABLE GROWTH IS A NON-PROFIT RESEARCH AND GRANTMAKING ORGANIZATION DEDICATED TO IMPROVING THE UNDERSTANDING OF EQUITABLE GROWTH AND INEQUALITY BY SUPPORTING NEW ACADEMIC RESEARCH AND BRINGING TOGETHER SCHOLARS TO SHARE THEIR WORK - BUILD A STRONGER BRIDGE BETWEEN ACADEMICS AND POLICYMAKERS TO HELP ENSURE THAT RESEARCH ON EQUITABLE GROWTH AND INEQUALITY IS RELEVANT, ACCESSIBLE, AND INFORMATIVE TO THE POLICYMAKING PROCESS -SHARE A RIGOROUS, FACT BASED NATIONAL DEBATE ON EQUITABLE GROWTH AND INEQUALITY BY FACILITATING SCHOLARS' PARTICIPATION IN THE MEDIA AND INVESTING IN A SOPHISTICATED IN-HOUSE COMMUNICATIONS AND SOCIAL MEDIA EFFORT. 5 5 44 5 0 0 9842242 10759000 0 0 27008 17255 55941 76485 9925191 10852740 1289710 1797285 0 0 4163032 5318502 24500 18563 485568 2541303 1933046 8018545 9067396 1906646 1785344 9987755 11993019 1146975 1366895 8840780 10626124 X THE WASHINGTON CENTER FOR EQUITABLE GROWTH IS A NON-PROFIT RESEARCH AND GRANTMAKING ORGANIZATION DEDICATED TO ADVANCING EVIDENCE-BACKED IDEAS AND POLICIES THAT PROMOTE STRONG, STABLE, AND BROAD-BASED ECONOMIC GROWTH. 0 0 2551351 1551035 GRANTS AND RESEARCH: EQUITABLE GROWTH'S GRANTS AND RESEARCH PROGRAMS AIM TO IMPROVE OUR UNDERSTANDING OF INEQUALITY AND GROWTH BY SUPPORTING NEW RESEARCH AND BRINGING SCHOLARS TOGETHER TO SHARE THEIR WORK. 784113 KNITTING EQUITABLE GROWTH'S NARRATIVE: EQUITABLE GROWTH'S TEAM ELEVATES NEW RESEARCH AND POLICY-RELEVANT ANALYSIS BY INVESTING AND ENGAGING IN ROBUST OUTREACH TO ENSURE NEW FINDINGS ARE DISCUSSED PROMINENTLY IN ACADEMIC AND POLICY CIRCLES IN WASHINGTON AND AROUND THE COUNTRY. 1436107 15000 BRAND AND REPUTATION: EQUITABLE GROWTH'S TEAM WORKS TO BUILD A STRONGER BRIDGE BETWEEN ACADEMICS AND POLICYMAKERS TO HELP ENSURE THAT RESEARCH ON INEQUALITY AND GROWTH IS CREDIBLE, RELEVANT, ACCESSIBLE, AND INFORMATIVE TO THE POLICYMAKING PROCESS. 2318168 231250 OTHER PROGRAM SERVICES INCLUDE: FAMILY ECONOMIC SECURITY, ANTITRUST/COMPETITION, TAXATION OF CAPITAL, BOOSTING WAGE GROWTH, MEASURING ECONOMIC PROGRESS, MACROECONOMIC POLICY FRAMEWORK, POLICY ENGAGEMENT, AND DIVERSITY, EQUITY & INCLUSION. 2318168 231250 7089739 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 41 0 1 44 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 CA X KATHERINE BANKS 2025456002 1156 15TH STREET NW SUITE 700 WASHINGTON DC 20005 HEATHER BOUSHEY PRESIDENT & CEO 40.00 X X 227532 0 29252 JOHN PODESTA CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 STEVE DAETZ SECRETARY AND TREASURER 1.00 X X 0 0 0 BYRON AUGUSTE ASST SECRETARY & ASST TREASURER 1.00 X X 0 0 0 CASEY SCHOENEBERGER VICE PRESIDENT 40.00 X X 162597 0 15167 MEHRSA BARADADAN MEMBER AT LARGE 1.00 X 0 0 0 IRA FISHMAN MEMBER AT LARGE 1.00 X 0 0 0 TARA DAWSON MCGUINESS MEMBER AT LARGE (PARTIAL YEAR) 1.00 X 0 0 0 KATHERINE BANKS DIRECTOR OF FINANCE AND AD 40.00 X 119771 0 27780 MICHAEL KADES DIRECTOR OF MARKETS AND CO 40.00 X 152380 0 37040 GREGORY LEISERSON DIRECTOR OF TAX POLICY AND 40.00 X 143239 0 14313 EDWARD PAISLEY EDITORIAL DIRECTOR & SENIO 40.00 X 170826 0 40867 AMANDA FISCHER POLICY DIRCTOR 40.00 X 138838 0 10467 CLAUDIA SAHM DIRECTOR OF MACROECONOMIC POLICY 40.00 X 132474 0 20535 1247657 0 195421 17 0 1 0 0 10759000 10759000 17255 17255 4263 4263 59928 0 59928 59928 59928 OTHER INCOME 900099 12294 12294 12294 10852740 76485 0 17255 1677285 1677285 120000 120000 582100 217274 263161 101665 3822036 3047043 592539 182454 169114 136182 25229 7703 363637 294112 50779 18746 381615 285449 72125 24041 37679 2296 35383 39864 29898 9966 18563 18563 583821 430558 128869 24394 67526 47178 15261 5087 264194 197617 49933 16644 422851 314558 81220 27073 56400 53471 2197 732 68984 61978 5254 1752 196803 147208 37196 12399 3607 2698 682 227 STAFF DEVELOPMENT 113508 22411 68323 22774 MEMBERSHIP AND SUBSCRIP 44352 9422 26197 8733 EQUIPMENT RENTAL AND MA 30309 22671 5728 1910 OTHER EXPENSES 3148 328 2115 705 9067396 7089739 1492089 485568 6761946 6826836 2594676 4652000 15135 30912 49504 102716 970512 628327 475231 342185 91263 38370 9987755 11993019 401759 473574 700898 847779 44318 45542 1146975 1366895 X 4867506 5294754 3973274 5331370 8840780 10626124 9987755 11993019 1785344 0 X X 0 1 X 1 0 X 5395000 5817008 9301287 9842242 10759000 41114537 5395000 5817008 9301287 9842242 10759000 41114537 29755091 11359446 1492 1716 38396 77739 81446 200789 3841 25193 63603 5210 12294 110141 41425467 0.27420 X THE WASHINGTON CENTER FOR EQUITABLE GROWTH IS AN ACTIVE CHARITY DEDICATED TO ADVANCING EVIDENCE-BACKED IDEAS AND POLICIES THAT PROMOTE STRONG, STABLE, AND BROAD-BASED ECONOMIC GROWTH. WE DO THIS VIA GRANTMAKING AND RESEARCH, POSTING THIS ANALYSIS TO OUR PUBLIC WEBSITE AND VIA OTHER MEANS. FOR THE 2020 YEAR OUR PUBLIC SUPPORT TEST REACHED 27.42%, WHICH FALLS SHORT OF THE 33 1/3 TEST. EQUITABLE GROWTH RECEIVED SUPPORT FROM A NUMBER OF FOUNDATIONS AND COMPANIES RATHER THAN RECEIVING ALL OR MOST OF ITS SUPPORT FROM A SINGLE FOUNDATION. WHILE WE HAVE NOT YET REACHED THE GOAL OF 33 1/3% OR MORE, WE CONTINUE TO ACTIVELY WORK TO DIVERSIFY OUR REVENUE BASE, SO WE CAN MAKE IMPROVEMENTS IN FUTURE YEARS, ULTIMATELY MEETING THE GOAL. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 16809 16809 9050587 9067396 603370 150843 0 0 379658 469415 550927 603370 2003370 3005055 10567 26474 26887 16809 80737 94915 117354 137732 150843 500844 751266 406587 217759 188828 563925 410568 153357 342185 DEFERRED RENT 45542 45542 X 10852740 0 10852740 0 10852740 9067396 0 9067396 0 9067396 PART X, LINE 2: EQUITABLE GROWTH IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. EQUITABLE GROWTH IS SUBJECT TO TAX ON ANY UNRELATED BUSINESS INCOME THAT IT MAY GENERATE. EQUITABLE GROWTH HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2020 AND 2019. EQUITABLE GROWTH IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. EQUITABLE GROWTH'S FEDERAL AND STATE INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE TAX AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THE RETURNS ARE FILED. X 1 KATHLEEN M DOWNEY 1201 15TH STREET NW SUITE 400 WASHINGTON DC 20005 GRANT WRITER 0 0 18563 -18563 18563 -18563 1 THE UNIVERSITY OF CHICAGO 6054 SOUTH DREXEL AVENUE CHICAGO IL 60637 362177139 501(C)(3) 60000 RESEARCH - MARK-UPS, LABOR MARKET INEQUALITY, AND THE DISTRIBUTIONAL IMPLICATIONS OF MONETARY POLICY TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK 606 WEST 122ND STREET NEW YORK NY 10027 135598093 501(C)(3) 48300 RESEARCH - UNDERSTANDING COLLECTIVE LABOR ACTION IN PLATFORM BUSINESSES REGENTS OF THE UNIVERSITY OF MICHIGAN 3003 SOUTH STATE STREET ANN ARBOR MI 48109 386006309 501(C)(3) 25000 RESEARCH - BUILDING A NEW NATIONAL DATA INFRASTRUCTURE FOR THE STUDY OF WEALTH INEQUALITY AND WEALTH MOBILITY THE UNIVERSITY OF CHICAGO 6054 SOUTH DREXEL AVENUE CHICAGO IL 60637 362177139 501(C)(3) 75000 RESEARCH - DO MERGER REVIEWS PROMOTE COMPETITION AND STALL CONSOLIDATION? THE UNIVERSITY OF CHICAGO 6054 SOUTH DREXEL AVENUE CHICAGO IL 60637 362177139 501(C)(3) 75000 RESEARCH - RACIAL AND ETHNIC INEQUALITY IN CONSUMPTION SMOOTHING UNIVERSITY OF ILLINOIS AT CHICAGO 1737 WEST POLK CHICAGO IL 60612 376000511 501(C)(3) 35400 RESEARCH - MEASURING THE RISE OF WEALTH INEQUALITY, CAPITAL GAINS, AND INCOME INEQUALITY THE UNIVERSITY OF MEMPHIS 315 ADMINISTRATION BUILDING MEMPHIS TN 38152 620648618 501(C)(3) 74000 RESEARCH - THE EVOLUTION OF CIVIL RIGHTS ENFORCEMENT AND ECONOMIC PROSPERITY OF MINORITIES HOWARD UNIVERSITY 525 BRYANT STEET NW WASHINGTON DC 20059 530204707 501(C)(3) 20000 RESEARCH - RECESSIONS DURING YOUNG ADULTHOOD AND U.S. RACIAL INCOME INEQUALITY GEORGIA STATE UNIVERSITY RESEARCH FOUNDATION PO BOX 3999 ATLANTA GA 30302 581845423 501(C)(3) 61000 RESEARCH - THE LONG-TERM EVOLUTION OF INEQUALITY: POVERTY, POLLUTION, AND HUMAN CAPITAL THE REGENTS OF THE UNIVERSITY OF CALIFORNIA LOS ANGELES 10889 WILSHIRE BOULEVARD LOS ANGELES CA 90024 956006143 501(C)(3) 49000 RESEARCH - LABOR MARKET FRICTIONS AND ADAPTATION TO CLIMATE CHANGE: IMPLICATIONS FOR EARNINGS AND JOB QUALITY OF LOW-SKILLED WORKERS THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY 77 MASSACHUSETTS AVENUE CAMBRIDGE MA 02139 042103594 501(C)(3) 76000 RESEARCH - WHERE DOES NEW WORK COME FROM? NORTHWESTERN UNIVERSITY 633 CLARK STREET EVANSTON IL 60208 362167817 501(C)(3) 75000 RESEARCH - A LARGE-SCALE EVALUATION OF MERGER SIMULATIONS TRUSTEES OF BOSTON UNIVERSITY 270 BAY STATE ROAD BOSTON MA 02215 042103547 501(C)(3) 70000 RESEARCH - DOMESTIC OUTSOURCING IN THE UNITED STATES THE BOARD OF REGENTS OF THE UNIVERSITY OF WISCONSIN SYSTEM 21 N PARK ST MADISON WI 53715 396006492 501(C)(3) 67000 RESEARCH - THE IMPACT OF A TUITION CREDIT PROGRAM ON PELL-ELIGIBLE STUDENT OUTCOMES GEORGETOWN UNIVERSITY 37TH AND O STREETS NW WASHINGTON DC 20057 530196603 501(C)(3) 51750 RESEARCH - MARK-UPS IN THE CEMENT INDUSTRY: AN EVOLUTION OF SCALE ECONOMIES AND MARKET POWER TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA 3451 WALNUT STREET PHILADELPHIA PA 19104 231352685 501(C)(3) 48500 RESEARCH - TECHNOLOGY AND OUTSOURCING IN LAST-MILE DELIVERY REGENTS OF THE UNIVERSITY OF MICHIGAN 3003 SOUTH STATE STREET ANN ARBOR MI 48109 386006309 501(C)(3) 70000 RESEARCH - MEASURING INTERGENERATIONAL MOBILITY IN THE UNITED STATES OVER THE 20TH CENTURY NEW YORK UNIVERSITY 665 BROADWAY NEW YORK NY 10012 135562308 501(C)(3) 35000 RESEARCH - USING JOB POSTING AND RESUME DATA TO BETTER UNDERSTAND THE U.S. LABOR MARKET BARNARD COLLEGE 3009 BROADWAY NEW YORK NY 10027 131628149 501(C)(3) 58110 RESEARCH - MONETARY POLICY, CREDIT, AND LABOR INCOME REDISTRIBUTION TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK 606 WEST 122ND STREET NEW YORK NY 10027 135598093 501(C)(3) 28000 OFF-CYCLE GRANT - ACCESS TO PAID LEAVE DURING THE COVID-19 PANDEMIC: EVIDENCE FROM NYC TRUSTEES OF DARTMOUTH COLLEGE 11 ROPE FERRY ROAD HANOVER NH 03755 020222111 501(C)(3) 20000 OFF-CYCLE GRANT - COVID-19 AND PAID LEAVE: ASSESSING THE IMPACT OF THE FFCRA THE UNIVERSITY OF CHICAGO 6054 SOUTH DREXEL AVENUE CHICAGO IL 60637 362177139 501(C)(3) 11000 OFF-CYCLE GRANT - IMPLEMENTING FAIR WORKWEEK LEGISLATION IN THE CONTEXT AND AFTERMATH OF COVID-19 DUKE UNIVERSITY 2200 WEST MAIN ST DURHAM NC 27705 560532129 501(C)(3) 10000 OFF-CYCLE GRANT - EVALUATING THE PHILADELPHIA FAIR WORKWEEK STANDARD TO IDENTIFY THE CONSEQUENCES OF SCHEDULING REGULATION ON WORKERS AND FAMILIES TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA 3451 WALNUT STREET PHILADELPHIA PA 19104 231352685 501(C)(3) 6000 OFF-CYCLE GRANT - CORONAVIRUS AND LAST-MILE DELIVERY TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA 3451 WALNUT STREET PHILADELPHIA PA 19104 231352685 501(C)(3) 12500 OFF-CYCLE GRANT - COMPETITION POLICY AND MARKET STRUCTURE: BOOSTING WAGE GROWTH REGENTS OF THE UNIVERSITY OF MINNESOTA 200 OAK STREET SE MINNEAPOLIS MN 55455 416007513 501(C)(3) 35000 OFF-CYCLE GRANT - SECOND GLOBAL INCOME DYNAMICS CONFERENCE WELLESLEY COLLEGE 106 CENTRAL STREET WELLESLEY MA 02481 042103637 501(C)(3) 34500 OFF-CYCLE GRANT - DID PAID SICK LEAVE AND FAMILY MEDICAL LEAVE AMELIORATE THE HEALTH AND ECONOMIC EFFECTS OF THE COVID-19 PANDEMIC? GEORGETOWN UNIVERSITY 37TH AND O STREETS NW WASHINGTON DC 20057 530196603 501(C)(3) 15000 DOCTORAL/POST-DOCTORAL - THE INNOVATION DIVIDEND OF FISCAL POLICY: THE IMPACT OF DEFENSE SPENDING ON LOCAL INNOVATION IN U.S GEORGETOWN UNIVERSITY 37TH AND O STREETS NW WASHINGTON DC 20057 530196603 501(C)(3) 15000 DOCTORAL/POST-DOCTORAL - MONETARY POLICY AND FIRM HETEROGENEITY IN THE UNITED STATES UNIVERSITY OF TEXAS SYSTEM 201 W 7TH STREET AUSTIN TX 78701 746000203 170(C)(1) 15000 DOCTORAL/POST-DOCTORAL - THE REDISTRIBUTIONAL CONSEQUENCES OF MULTIPLE MINIMUM WAGES NEW YORK UNIVERSITY 665 BROADWAY NEW YORK NY 10012 135562308 501(C)(3) 15000 DOCTORAL/POST-DOCTORAL - THE ROLE OF CULTURE AND COMPETITION IN MEDIA DIVERSITY: HISTORICAL EVIDENCE FROM U.S. RADIO STATIONS PORTLAND STATE UNIVERSITY PO BOX 751 PORTLAND OR 97207 930619733 170(C)(1) 80000 RESEARCH (PAID LEAVE) - EMPLOYER-EMPLOYEE DISCORDANCE IN AWARENESS AND PERCEIVED ACCESSIBILITY OF PAID FAMILY AND MEDICAL LEAVE CORNELL UNIVERSITY PO BOX 22 ITHACA NY 14851 150532082 501(C)(3) 80000 RESEARCH (PAID LEAVE) - EMPLOYERS AND PAID LEAVE: ASSESSING THE INTERDEPENDENCIES BETWEEN STATE-LEVEL MANDATES, MEDICAL LEAVE, AND VOLUNTARY PROVISIONS OF PAID LEAVE GEORGE MASON UNIVERSITY 4400 UNIVERSITY DRIVE FAIRFAX VA 22030 540836354 501(C)(3) 80000 RESEARCH (PAID LEAVE) - ACCESS TO PAID CAREGIVING AND THE IMPACT ON FINANCIAL SECURITY, EMPLOYMENT, AND PUBLIC PROGRAM USE OF NON-ELDERLY ADULTS IN THE UNITED STATES THE UNIVERSITY OF IOWA 2 GILMORE HALL IOWA CITY IA 52242 426004813 170(C)(1) 27500 RESEARCH (PAID LEAVE) - PAID FAMILY LEAVE AND WORK ELDERCARE TRADEOFFS 22 3 DOCTORAL/POST-DOCTORAL 8 120000 PART I, LINE 2: INTERIM NARRATIVE AND FINANCIAL REPORTS ARE DUE PERIODICALLY THROUGHOUT THE LIFE OF THE GRANT, TYPICALLY AT THE HALFWAY POINT FOR 12 TO 24 MONTHS GRANT, MORE FREQUENTLY FOR GRANTS WHOSE TERMS ARE LONGER THAN 24 MONTHS. NARRATIVE REPORTS MUST BE SIGNED BY THE PRINCIPAL INVESTIGATOR AND SHOULD DESCRIBE PROGRESS, OBSTACLES, PRELIMINARY FINDINGS, IF ANY, AND ANY PLANS TO PRESENT/DISCUSS THE WORK. FINANCIAL REPORTS MUST SHOW HOW MUCH HAS BEEN SPENT AND ON WHAT, AND MUST BE SIGNED BY THE OFFICER OF THE UNIVERSITY. X X 0 0 0 0 0 0 0 0 0 HEATHER BOUSHEY PRESIDENT & CEO 227532 0 0 0 0 0 11582 0 17670 0 256784 0 0 0 EDWARD PAISLEY EDITORIAL DIRECTOR & SENIO 170826 0 0 0 0 0 9012 0 31855 0 211693 0 0 0 MICHAEL KADES DIRECTOR OF MARKETS AND CO 152380 0 0 0 0 0 7913 0 29127 0 189420 0 0 0 CASEY SCHOENEBERGER VICE PRESIDENT 162597 0 0 0 0 0 8236 0 6931 0 177764 0 0 0 GREGORY LEISERSON DIRECTOR OF TAX POLICY AND 143239 0 0 0 0 0 7170 0 7143 0 157552 0 0 0 CLAUDIA SAHM DIRECTOR OF MACROECONOMIC POLICY 132474 0 0 0 0 0 5735 0 14800 0 153009 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD WILL RECEIVE THE 990 VIA EMAIL FOR REVIEW AND IT WILL BE DISCUSSED AT THE NEXT BOARD MEETING AS REQUESTED BY THEM. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REVIEWS THE CONFLICT OF INTEREST POLICY ANNUALLY, NEW BOARD MEMBERS WILL COMPLETE QUESTIONNAIRES UPON JOINING, THEN ANNUALLY WITH THE OTHER BOARD MEMBERS. OUTSIDE OF THIS TIME-LINE THE ORGANIZATION WOULD ASK FOR A QUESTIONNAIRE TO BE UPDATED IF THEY ARE MADE TERTIARILY AWARE OF ANY CHANGES FOR A SPECIFIC BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS COMPLETES A RIGOROUS MID-YEAR AND ANNUAL REVIEW OF THE PERFORMANCE OF THE EXECUTIVE DIRECTOR EACH YEAR. AT THE CONCLUSION, THE DIRECTORS REVIEW DATA AND THE ORGANIZATION BUDGET TO GAUGE PERFORMANCE RELATIVE TO THEIR WIDE EXPERIENCE AS BOARD DIRECTORS AND DECIDE ON ANY COMPENSATION ADJUSTMENTS. FORM 990, PART VI, SECTION C, LINE 18 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 WE DO NOT MAKE THESE POLICIES AVAILABLE TO THE PUBLIC. PART X11, LINE 2C EXPLANATION THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.