2020-11-11T01:06:36-06:00 2019-12-31 420714325 RSM US LLP 9801 WASHINGTONIAN BLVD STE 500 GAITHERSBURG MD 20878 990 2019-01-01 823285688 INTERNET SOCIETY FOUNDATION INTE 7034392767 11710 PLAZA AMERICA DRIVE NO 400 RESTON VA 20190 SANDRA SPECTOR CHIEF FINANCIAL OFFICER 7034392767 2020-11-09 1 WILLIAM E TURCO CPA P00369217 3012963600 2020-11-09 66.98.98.9 2020-11-09 12:45:08 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 00BFBB601F26E6691F3C42FDB75EEBE807206D5E 2019 2021-01-29 14:40:06Z ANDREW SULLIVAN 11710 PLAZA AMERICA DRIVE NO 400 RESTON VA 20190 56841627 0 X HTTPS://WWW.ISOCFOUNDATION.ORG X 2017 DC THE INTERNET SOCIETY FOUNDATION EXISTS TO DEMONSTRATE AND SUPPORT THE POSITIVE DIFFERENCE THE INTERNET CAN MAKE TO PEOPLE EVERYWHERE. IT PROMOTES THE DEVELOPMENT OF THE INTERNET AS A GLOBAL TECHNICAL INFRASTRUCTURE, A RESOURCE TO ENRICH PEOPLE'S LIVES, AND A FORCE FOR GOOD IN SOCIETY. 12 12 15 14 0 0 4328602 32505894 0 0 373929 2023743 0 0 4702531 34529637 5000000 8701090 0 0 98340 920536 0 0 0 597389 462355 5695729 10083981 -993198 24445656 40870278 70511620 623089 560149 40247189 69951471 THE INTERNET SOCIETY FOUNDATION EXISTS TO SUPPORT THE POSITIVE DIFFERENCE THE INTERNET CAN MAKE TO PEOPLE EVERYWHERE. IT PROMOTES THE DEVELOPMENT OF THE INTERNET AS A GLOBAL TECHNICAL INFRASTRUCTURE, A RESOURCE TO ENRICH PEOPLE'S LIVES, AND A FORCE FOR GOOD IN SOCIETY. 0 0 8250000 8250000 INTERNET ENGINEERING TASK FORCE: THE FOUNDATION SUPPORTS THE WORK OF THE INTERNET ENGINEERING TASK FORCE, A 501(C)(3) ORGANIZATION UNDER THE INTERNET SOCIETY UMBRELLA THAT STRIVES TO MAKE THE INTERNET WORK BETTER BY PRODUCING HIGH QUALITY, RELEVANT TECHNICAL DOCUMENTS THAT INFLUENCE THE WAY PEOPLE DESIGN, USE, AND MANAGE THE INTERNET. 576027 451090 BEYOND THE NET GRANTS:THROUGH INTERNET SOCIETY, THE INTERNET SOCIETY FOUNDATION'S BEYOND THE NET SMALL AND LARGE GRANT PROGRAMMES OFFERS FUNDING TO SUPPORT INTERNET SOCIETY CHAPTERS AND SPECIAL INTEREST GROUPS (SIGS) TO IMPLEMENT INNOVATIVE PROJECTS THAT MAKE A LOCAL IMPACT BY PROVIDING MEANINGFUL ACCESS TO AN OPEN, TRUSTED, AND GLOBALLY-CONNECTED INTERNET. RESEARCH:THE FOUNDATION WILL EXPLORE OPPORTUNITIES TO FUND RESEARCH AND STRENGTHEN RESEARCH CAPACITY ACROSS TECHNICAL, ECONOMIC AND PUBLIC POLICY TOPICS. 8826027 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 X 0 0 15 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X X SANDRA SPECTOR CFO 7034392767 11710 PLAZA AMERICA DRIVE NO 400 RESTON VA 20190 GONZALO CAMARILLO TRUSTEE/CHAIR 5.00 15.00 X X 0 0 0 RICHARD BARNES TRUSTEE/TREASURER 5.00 15.00 X X 0 0 0 JOHN LEVINE TRUSTEE/SECRETARY 5.00 15.00 X X 0 0 0 WALID AL-SAQAF TRUSTEE 2.00 5.00 X 0 0 0 OLGA CAVALLI TRUSTEE 2.00 5.00 X 0 0 0 HANS PETER DITTLER TRUSTEE 2.00 5.00 X 0 0 0 HIROSHI ESAKI TRUSTEE 2.00 5.00 X 0 0 0 GLENN MCKNIGHT TRUSTEE 2.00 5.00 X 0 0 0 ROBERT PEPPER TRUSTEE 2.00 5.00 X 0 0 0 SEAN TURNER TRUSTEE 2.00 5.00 X 0 0 0 MIKE GODWIN TRUSTEE 2.00 5.00 X 0 0 0 DESIREE MILOSHEVIC TRUSTEE THRU 07/26/2019 2.00 5.00 X 0 0 0 HARISH PILLAY TRUSTEE THRU 07/26/2019 2.00 5.00 X 0 0 0 MIEKE VAN HEESEWIJK TRUSTEE 2.00 5.00 X 0 0 0 ANDREW SULLIVAN PRESIDENT & CEO 5.00 40.00 X 49285 344994 52911 SARAH ARMSTRONG EXECUTIVE DIRECTOR 40.00 X 100394 0 16025 149679 344994 68936 1 0 1 0 GOLDMAN SACHS & CO LLC 101 CONSTITUTION AVENUE NW 10TH FL WASHINGTON DC 20001 MANAGEMENT OF INVESTMENT PORTFOLIOS 150853 1 32505894 32505894 1637956 1637956 22697777 22311990 385787 385787 385787 34529637 0 0 2023743 8701090 8701090 56237 56237 810755 48445 762310 23731 8357 15374 4034 1464 2570 25779 4583 21196 1937 1937 4710 4710 132591 132591 215386 62088 153298 20436 20436 602 602 23860 23860 31355 31355 486 486 30992 30992 10083981 8826027 1257954 0 2276959 990661 135200 30992 0 104208 15368685 51969318 23224634 17447433 40870278 70511620 26497 84000 596592 476149 623089 560149 X 40247189 69951471 40247189 69951471 40870278 70511620 24445656 5258626 0 X 0 1 X 1 0 X X X 1 INTERNET SOCIETY 541650477 7 1 9277117 0 1 9277117 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 135200 30992 104208 104208 1,196,926.61-TIAA-CREF SOCIAL CHOICE BD FD INST (TSBIX) 12634981 F 460,081.49-STATE STREET HEDGED INT'L DEV EQUITY INDEX FUND K CLASS (SSHQX) 4812452 F 17447433 DUE TO INTERNET SOCIETY 476149 476149 X 114518634 5258626 74862962 80121588 34397046 132591 132591 34529637 81769102 71817712 71817712 9951390 132591 132591 10083981 PART X, LINE 2: ISOC AND PIR ARE GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). IN ADDITION, ISOC AND PIR QUALIFY FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAVE BEEN CLASSIFIED AS ORGANIZATIONS THAT ARE NOT PRIVATE FOUNDATIONS. INCOME WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS (UNRELATED BUSINESS INCOME), IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. ISOC AND PIR HAD NO NET UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018. INTERNET SOCIETY ASIA LIMITED IS SUBJECT TO LOCAL COUNTRY TAXES PER SINGAPORE TAX REGULATIONS. THE SUBSIDIARY HAD NO TAXABLE SURPLUS AND, AS SUCH, HAD NO TAX LIABILITY AT DECEMBER 31, 2019 AND 2018. IETF LLC IS A DISREGARDED ENTITY FOR TAX REPORTING PURPOSES. MANAGEMENT EVALUATED ISOC'S AND PIR'S TAX POSITIONS AND CONCLUDED THAT THEY HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITIES REVENUE INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 74,862,962. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITIES EXPENSES INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 71,817,712. EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 PROGRAM SERVICES CHAPTER FUNDING: BEYOND THE NET 62849 0 1 0 0 0 1 62849 0 62849 0 0 0 0 0 0 PART III ACCOUNTING METHOD: 1 INTERNET SOCIETY 11710 PLAZA AMERICA DRIVE SUITE 400 400 RESTON VA 20190 541650477 501(C)(3) 451090 BEYOND THE NET IETF ADMINISTRATION LLC 5177 BRANDIN CT FREMONT CA 94538 831755858 501(C)(3) 8250000 FUNDING 2 PART I, LINE 2: GRANT PROPOSALS ARE REVIEWED AND APPROVED IN COMPLIANCE WITH ISOC FOUNDATION'S DELEGATION POLICY AND BOARD APPROVED BUDGET. ONCE APPROVED, AN AGREEMENT IS ESTABLISHED WITH A CLEAR UNDERSTANDING OF THE GRANTEE'S REQUIREMENTS. THE AGREEMENT IS SIGNED BY THE APPROPRIATE PARTIES AND THE AGREED UPON INITIAL AMOUNT IS FUNDED. THE GRANT IS CONSIDERED COMPLETE WHEN GRANTEE FULFILLS THE ESTABLISHED REQUIREMENTS AND SUBMITS A REPORT. PAYMENT MADE ACCORDING TO GRANT. 0 0 0 0 0 0 0 0 0 ANDREW SULLIVAN PRESIDENT & CEO 44940 314577 4260 29820 85 597 5250 36750 1703 11918 56238 393662 0 0 PART I, LINE 3 COMPENSATION SHOWN IN PART VII OF THE FORM 990, AND SCHEDULE J, PAGE 2, PART II, IS PAID BY A RELATED ORGANIZATION OF THE INTERNET SOCIETY FOUNDATION, INC., INTERNET SOCIETY. THE FOUNDATION RELIES ON ITS RELATED ORGANIZATION'S METHODOLOGY OF DETERMINING COMPENSATION. THE COMPENSATION METHODOLOGY ARE DESCRIBED BELOW. THE INTERNET SOCIETY ENGAGED A COMPENSATION SPECIALIST TO ESTABLISH A COMPREHENSIVE COMPENSATION PROGRAM OF THE COMPANY. THE GOALS WERE TO ESTABLISH INTERNAL COMPENSATION EQUITY, ACHIEVE EXTERNAL EQUITY TO ENSURE FAIR AND COMPETITIVE PAY, TO DEVELOP AN OBJECTIVE MERIT REVIEW PROCESS, AND DEVELOP TOOLS TO MAINTAIN THE COMPENSATION PROGRAM. THE INTERNET SOCIETY DEVELOPED COMPENSATION BENCHMARKS FOR EACH POSITION WITHIN THE ORGANIZATION, USING SEVERAL COMPENSATION STUDIES FOR US BASED EMPLOYEES AND BENCHMARKS FROM MERCER TOWERS WATSON AND BIRCHES GROUP FOR WORLDWIDE EMPLOYEES. THESE BENCHMARKS ARE UPDATED ANNUALLY. AS PART OF THE CONTRACT PROCESS, AN INDEPENDENT COMPENSATION CONSULTANT WAS ENGAGED BY THE INTERNET SOCIETY BOARD OF TRUSTEES TO PROVIDE AN OPINION ON REASONABLENESS OF AND SUPPORTING COMPARABILITY DATA WITH RESPECT TO TOTAL COMPENSATION OF THE CHIEF EXECUTIVE OFFICER. THE CEO RECEIVES THE BENEFITS AVAILABLE TO OTHER INTERNET SOCIETY EMPLOYEES, INCLUDING A COMPANY CONTRIBUTION TOWARDS A RETIREMENT PLAN. ANNUALLY, THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES DRAWS UP ACHIEVEMENT TARGETS FOR THE CEO. THE CEO SUBMITS A SELF-EVALUATION AT YEAREND TO THE COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEE REVIEWS THE CEO'S PERFORMANCE AND MAKES A DETERMINATION AS TO THE AMOUNT OF VARIABLE COMPENSATION EARNED. THE COMPENSATION COMMITTEE THEN INSTRUCTS THE INTERNET SOCIETY'S CFO TO PAY THE VARIABLE AWARD BASED ON THE COMMITTEE'S PERFORMANCE ASSESSMENT, LESS APPLICABLE STATUTORY WITHHOLDINGS. THE INTERNET SOCIETY EMPLOYS A GOAL MANAGEMENT PROCESS TO ESTABLISH AND TRACK GOALS FOR ALL MEMBERS OF ITS STAFF. THE INTERNET SOCIETY REVIEWS PERFORMANCE OF ALL EMPLOYEES ON DECEMBER 31. ANNUAL SALARY REVIEWS ARE BASED ON PERFORMANCE EVALUATIONS, COMPENSATION SURVEYS, AND STANDARDS FOR THE INDIVIDUAL COUNTRY OF EMPLOYMENT. THE INTERNET SOCIETY ALSO AWARDS VARIABLE COMPENSATION TO STAFF BASED ON INDIVIDUAL AND CORPORATE PERFORMANCE DURING THE YEAR. THESE AWARDS WERE DETERMINED IN CONSULTATION WITH THE COMPENSATION CONSULTANT, BASED ON RECOMMENDATIONS BY THE CEO, CFO, AND AWARDEES' DIRECT SUPERVISOR. FORM 990, PART V, LINE 2A: THE EMPLOYEE COUNT OF THREE REPRESENTS THE NUMBER OF EMPLOYEES OF THE INTERNET SOCIETY, A RELATED ORGANIZATION, WORKING PORTION OF THEIR TIME FOR THE INTERNET SOCIETY FOUNDATION. THE INTERNET SOCIETY FOUNDATION REIMBURSED THE INTERNET SOCIETY FOR THE TIME THESE EMPLOYEES SPENT WORKING FOR THE INTERNET SOCIETY FOUNDATION. THE INTERNET SOCIETY PAID THESE EMPLOYEES' FULL COMPENSATION, AND ALL FOUR EMPLOYEES RECEIVED W-2S FROM THE INTERNET SOCIETY. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE INTERNET SOCIETY FOUNDATION SHALL BE THE INTERNET SOCIETY (THE "MEMBER"). FORM 990, PART VI, SECTION A, LINE 7A THE INTERNET SOCIETY FOUNDATION IS GOVERNED BY A BOARD OF TRUSTEES COMPOSED OF THE CURRENT MEMBERS OF THE INTERNET SOCIETY BOARD OF TRUSTEES. -THE MEMBERSHIP OF THE BOARD OF TRUSTEES INCLUDES: -FOUR MEMBERS ELECTED BY INTERNET SOCIETY CHAPTERS -FOUR MEMBERS ELECTED BY INTERNET SOCIETY ORGANIZATION MEMBERS -FOUR MEMBERS APPOINTED FROM THE INTERNET ENGINEERING TASK FORCE (IETF) FORM 990, PART VI, SECTION A, LINE 7B THE TRUSTEES SHALL BE APPOINTED BY THE MEMBER (INTERNET SOCIETY). TRUSTEES MAY BE REMOVED WITH OR WITHOUT CAUSE BY THE MEMBER. FORM 990, PART VI, SECTION B, LINE 11B THE INTERNET SOCIETY FOUNDATION'S ACCOUNTING FIRM PREPARES AND SIGNS THE RETURN AS PAID PREPARER AND DELIVERS THE RETURN TO THE INTERNET SOCIETY FOUNDATION. PRIOR TO FILING, THE CFO AND THE CEO OF THE INTERNET SOCIETY FOUNDATION REVIEW THE RETURN WITH THE AUDIT COMMITTEE. A REPRESENTATIVE OF THE INDEPENDENT ACCOUNTING FIRM'S TAX TEAM IS PRESENT TO ADDRESS ANY QUESTIONS FROM THE AUDIT COMMITTEE MEMBERS. AFTER REVIEW, A COPY OF THE RETURN IN ITS FINAL FORM IS SENT TO EACH MEMBER OF THE BOARD OF TRUSTEES PRIOR TO FILING THE RETURN. THE CEO OR THE CFO SIGNS FORM 8879-EO, THE IRS E-FILE SIGNATURE AUTHORIZATION FORM, AND RETURNS THIS FORM TO THE INTERNET SOCIETY FOUNDATION'S ACCOUNTING FIRM. THE ACCOUNTING FIRM THEN ELECTRONICALLY FILES THE RETURN WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, TRUSTEES AND OFFICERS OF INTERNET SOCIETY FOUNDATION SHALL FILL OUT A CONFLICT OF INTEREST QUESTIONNAIRE. THESE COMPLETED QUESTIONNAIRES WILL BE REVIEWED AND MONITORED BY THE CHAIR OF THE AUDIT COMMITTEE, AND THE RESULTS ARE REPORTED TO THE BOARD OF TRUSTEES. THE AUDIT COMMITTEE AND THE CHAIR OF THE INTERNET SOCIETY FOUNDATION'S BOARD OF TRUSTEES RELY ON THE TRUSTEES AND OFFICERS TO INFORM THEM OF ISSUES THAT MIGHT ARISE IN THE INTERIM PERIOD BETWEEN QUESTIONNAIRE SUBMISSIONS. THE CHAIR SOLICITS ALL TRUSTEES TO DISCLOSE ANY CONFLICTS WITH THE AGENDA ITEMS FOR THAT BOARD MEETING. TRUSTEES WHO REPORT POTENTIAL CONFLICTS MAY BE REQUIRED TO ABSTAIN FROM ANY FORMAL DECISION BY THE BOARD OF TRUSTEES, AND MAY BE REQUIRED TO RETIRE FROM ANY DISCUSSION OR DELIBERATION. THE BOARD OF TRUSTEES, ACTING AS A BODY LED BY THE CHAIR, MAKES THE DETERMINATION OF WHETHER A CONFLICT EXISTS AND THE PARTICIPATION RESTRICTIONS TO BE IMPOSED. WHENEVER THERE IS REASON TO BELIEVE THAT A POTENTIAL CONFLICT OF INTEREST EXISTS BETWEEN THE INTERNET SOCIETY FOUNDATION AND THE CHAIR OF THE BOARD, THE POTENTIAL CONFLICT SHALL BE REPORTED TO THE BOARD AS A WHOLE. THE BOARD BY MAJORITY VOTE WILL DETERMINE THE APPROPRIATE RESPONSE. FORM 990, PART VI, SECTION C, LINE 19 ALL INFORMATION IS AVAILABLE ON THE ORGANIZATION'S WEBSITE. INTERNET SOCIETY 11710 PLAZA AMERICA DRIVE SUITE 400 RESTON VA 20190 541650477 EDUCATION DC 501(C)(3) LINE 7 N/A 0 PUBLIC INTEREST REGISTRY 1775 WIEHLE AVENUE SUITE 100 RESTON VA 20190 331025119 OPERATOR OF DOMAIN NAMES PA 501(C)(3) LINE 12B, II INTERNET SOCIETY 0 INTERNET SOCIETY ASIA LIMITED 9 TEMASEK BLVD SUNTEC TOWER TWO 0 SN PROVIDES SUPPORT & VISIBILITY IN THE ASIA-PACIFIC REGION SN INTERNET SOCIETY 0 CONNECTED GIVING FOUNDATION 11710 PLAZA AMERICA DRIVE SUITE 400 RESTON VA 20190 843558614 TO SUPPORT ACTIVITIES OF INTERNET SOCIETY VA 501(C)(3) LINE 12A, I INTERNET SOCIETY 0 ENSET 1775 WIEHLE AVENUE STE 201 RESTON VA 20190 472514918 NON-PROFIT SOCIAL WELFARE PA N/A C 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0