2020-11-16T08:40:07-06:00 2019-12-31 221478099 COHNREZNICK LLP 7501 WISCONSIN AVENUE SUITE 400E BETHESDA MD 20814 990 2019-01-01 942666764 THE WALTER KAITZ FOUNDATION WALT 2022222490 25 MASSACHUSETTS AVE NW SUITE 100 WASHINGTON DC 20001 MARK KULISH SR. VP. FIN. & ADMIN & CFO 2022222490 2020-11-12 1 DANIEL O'SHEA P00957510 3016529100 2020-11-11 209.59.243.22 2020-11-12 14:01:23 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2019 2021-01-29 14:40:06Z MICHELLE RAY 25 MASSACHUSETTS AVE NW SUITE 100 WASHINGTON DC 20001 4358710 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. 22 21 0 0 0 0 1955267 1910032 163750 35291 97417 17902 -320182 -352800 1896252 1610425 998255 1116624 0 0 534181 633435 0 0 240387 345817 178542 1878253 1928601 17999 -318176 3455559 3965877 173188 193757 3282371 3772120 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 1116624 1116624 197837 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. 429900 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. 1546524 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 0 0 1 8 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 21 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 THOMAS RUTLEDGE IMMEDIATE PAST CHAIRMAN 1.00 1.00 X X 0 0 0 GARY SHORMAN TREASURER 1.00 1.00 X X 0 0 0 MICHAEL POWELL PRESIDENT & CEO 3.00 42.00 X X 0 4869341 733973 PATRICK ESSER CHAIRMAN 1.00 1.00 X X 0 0 0 ROBERT BAKISH SECRETARY 1.00 1.00 X X 0 0 0 DAVE WATSON VICE-CHAIRMAN 1.00 1.00 X X 0 0 0 RONALD DUNCAN DIRECTOR 1.00 1.00 X 0 0 0 JOSHUA SAPAN DIRECTOR 1.00 1.00 X 0 0 0 PAT MCADARAGH DIRECTOR 1.00 1.00 X 0 0 0 RICHARD SJOBERG DIRECTOR 1.00 1.00 X 0 0 0 SANDY HOWE DIRECTOR- INCOMING 1.00 1.00 X 0 0 0 JOHN PASCARELLI DIRECTOR 1.00 1.00 X 0 0 0 JOHN STANKEY DIRECTOR 1.00 1.00 X 0 0 0 FRANK DRENDEL DIRECTOR 1.00 1.00 X 0 0 0 JOHN EVANS DIRECTOR 1.00 1.00 X 0 0 0 PHIL MCKINNEY DIRECTOR- INCOMING 1.00 1.00 X 0 0 0 JAMES PITARO DIRECTOR 1.00 1.00 X 0 0 0 DAVID NEVINS DIRECTOR 1.00 1.00 X 0 0 0 DAVID ZASLAV DIRECTOR 1.00 1.00 X 0 0 0 CHARLIE COLLIER DIRECTOR- INCOMING 1.00 1.00 X 0 0 0 ALFRED LIGGINS III DIRECTOR 1.00 1.00 X 0 0 0 PAUL BUCCIERI DIRECTOR 1.00 1.00 X 0 0 0 JEFFREY DEMOND DIRECTOR - OUTGOING 0.00 0.00 X 0 0 0 PETER RICE DIRECTOR - OUTGOING 0.00 0.00 X 0 0 0 ROBERT STANZIONE DIRECTOR - OUTGOING 0.00 0.00 X 0 0 0 MICHELLE RAY EXECUTIVE DIRECTOR 45.00 X 263795 0 53626 263795 4869341 787599 1 0 1 0 MARRIOTT BUSINESS SERVICES PO BOX 403003 ATLANTA GA 30384 FOOD & FACILITIES FOR KAITZ DINNER 340124 O'KEEFE COMMUNICATIONS LLC 4301 CONNECTICUT AVE NW 200 WASHINGTON DC 20008 PRODUCTION SERVICES FOR KAITZ DINNER 162037 2 713682 1196350 1910032 SPONSORSHIPS 900099 35291 35291 35291 90532 90532 2115155 2187785 -72630 -72630 -72630 207700 1196350 560500 -352800 -352800 1610425 35291 0 -334898 1116624 1116624 317421 142839 63484 111098 251718 113273 50344 88101 3895 1753 779 1363 26026 11712 5205 9109 34375 15469 6875 12031 36562 16453 7312 12797 4327 4327 35214 35214 4786 2459 846 1481 49056 47379 610 1067 3345 2594 273 478 1425 641 285 499 SPONSORSHIP 36514 36514 OTHER EXPENSES 7313 3600 1350 2363 1928601 1546524 141690 240387 144114 201718 1216699 83611 254733 9972 4275 4156 1544 119 1842980 3499335 166611 3455559 3965877 143188 166048 30000 27709 173188 193757 X 3282371 3772120 3282371 3772120 3455559 3965877 X -318176 560042 247883 X 0 1 X 1 0 X 1118854 1223823 2103117 1955267 1910032 8311093 1118854 1223823 2103117 1955267 1910032 8311093 2267755 6043338 130987 89273 84406 97098 90532 492296 7 7 8803396 578514 0.68650 0.75770 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2016 AMOUNT: $ 7. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4275 4156 119 119 X 3026321 560042 51798 247883 859723 2166598 4327 -560500 -556173 1610425 2536572 51798 560500 612298 1924274 4327 4327 1928601 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, 2019 AND 2018. TAX YEARS PRIOR TO 2016 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 2D - OTHER ADJUSTMENTS: RETURN OF GRANTS AWARDED IN A PY 247,883. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -560,500. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 560,500. DINNER 1404050 1196350 207700 200779 359721 1404050 1196350 207700 200779 359721 560500 -352800 1 EMMA BOWEN FOUNDATION 30 ROCKEFELLER PLAZA 1221 AVE OF THE AMERICAS 28A42 NEW YORK NY 10112 222635292 501(C)(3) 303500 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) 491149 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) 30000 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) 291975 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 ON-SITE REVIEWS OF THE PROGRAMS FUNDED, AND PROVIDING FUNDING TO SUPPORT INDEPENDENT THIRD-PARTY EVALUATION OF THE PROGRAMS SUPPORTED. 0 1 0 0 0 0 0 1 0 MICHAEL POWELL PRESIDENT & CEO 0 3705555 0 1100000 0 63786 0 709055 0 24918 0 5603314 0 0 MICHELLE RAY EXECUTIVE DIRECTOR 227350 0 35000 0 1445 0 32842 0 20784 0 317421 0 0 0 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 A PERFORMANCE BONUS OF $35,000 IN 2019. 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, SECRETARY, TREASURER, AND PAST-CHAIRMAN, APPROVE THE OPERATING BUDGET, GRANTS AWARDED BY THE ORGANIZATION, AND MAKE DECISIONS RELATING TO THE FORMAL DINNER HELD EACH YEAR THAT BRINGS ALL OF THE MEMBERSHIP TOGETHER ONCE A YEAR. 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 ORGANIZATION DOES NOT HAVE ANY EMPLOYEES OF ITS OWN. RATHER, IT SHARES EMPLOYEES WITH A RELATED PARTY, NCTA - THE INTERNET & TELEVISION ASSOCIATION (NCTA). 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. FORM 990, PART XI, LINE 9: RETURN OF GRANTS AWARDED IN A PY 247,883. 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 627513 COST NCTA - THE INTERNET & TELEVISION ASSOCIATION P 589469 COST