2020-02-14T13:08:24-06:00 2019-06-30 231980475 KREISCHER MILLER 100 WITMER ROAD SUITE 350 HORSHAM PA 190442369 990 2018-07-01 231352013 AMERICAN LAW INSTITUTE AMER 2152431600 4025 CHESTNUT STREET PHILADELPHIA PA 19104 WALLACE B JEFFERSON TREASURER 2152431600 2020-02-07 1 CHRISTOPHER M PEKULA P00734965 2154414600 64.55.30.226 2020-02-07 12:29:19 ES P B6CE273AE17BE2F31834128D835D85405F3F7F7A 41751D55C13ADD5C61F7A5404F8B933FBF8D3200 2018 2020-09-22 18:59:49Z DAVID F LEVI 4025 CHESTNUT STREET PHILADELPHIA PA 19104 17313094 0 X WWW.ALI.ORG X 1923 DC SEE SCHEDULE O 65 65 81 2990 0 0 1800184 1529212 9052449 8622784 1989845 2262090 559141 565466 13401619 12979552 1344083 1354787 0 0 6394241 7017420 0 0 222486 4464819 4564863 12203143 12937070 1198476 42482 73476192 75195949 3714813 3824664 69761379 71371285 X SEE SCHEDULE O 0 0 5318378 1042451 3644880 ALI: THE INSTITUTE PRODUCES DRAFTS, DISCUSSES, AND PUBLISHES RESTATEMENTS OF THE LAW, MODEL STATUTES AND PRINCIPLES OF THE LAW. ALI MEMBERS TAKE AN ACTIVE PART IN ALI ACTIVITIES BY REVIEWING AND COMMENTING ON PROJECT DRAFTS, PARTICIPATING IN MEETINGS TO DISCUSS DRAFTS, AND ATTENDING ANNUAL MEETINGS WHERE ALI'S WORK IS DEBATED AND VOTED ON. 4444612 312336 5195132 ALI CLE: THE INSTITUTE, THROUGH ALI CLE, PROVIDES EDUCATION FOR THE LEGAL PROFESSION THROUGHOUT THE UNITED STATES, OFFERING IN-PERSON COURSES, WEBCASTS, TELEPHONE SEMINARS, ON-DEMAND PROGRAMS, ONLINE MATERIALS, AND PERIODICALS. ALI CLE HELD APPROXIMATELY 21 IN-PERSON COURSES ATTENDED BY APPROXIMATELY 1,500 REGISTRANTS. THERE WERE OVER 35,000 USERS OF ALI CLE'S ONLINE PROGRAMS AND SERVICES. 9762990 1 1 0 1 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 150 0 1 81 1 0 0 0 0 0 0 0 0 0 0 0 0 X 65 65 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 1 1 AK AL AR AZ CA CO CT DC FL GA HI IL KS KY LA MA MD ME MI MN MO MS NC ND NH NJ NM NY OH OK OR PA RI SC TN UT VA WA WI WV X AMERICAN LAW INSTITUTE DEPUTY DIRECTOR 2152431600 4025 CHESTNUT STREET PHILADELPHIA PA 191043099 X KIM J ASKEW COUNCIL 2.00 X 0 0 0 JOSE I ASTIGARRAGA COUNCIL 3.00 X 0 0 0 DONALD B AYER COUNCIL 2.00 X 0 0 0 SCOTT BALES COUNCIL 2.00 X 0 0 0 JOHN H BEISNER COUNCIL 2.00 X 0 0 0 JOHN B BELLINGER III COUNCIL 2.00 X 0 0 0 AMELIA H BOSS COUNCIL 2.00 X 0 0 0 ELIZABETH J CABRASER COUNCIL 2.00 X 0 0 0 EVAN R CHESLER COUNCIL 3.00 X 0 0 0 MARIANO-FLORENTINO CUELLAR COUNCIL 2.00 X 0 0 0 ALLISON H EID COUNCIL 2.00 X 0 0 0 IVAN K FONG COUNCIL 2.00 X 0 0 0 KENNETH C FRAZIER COUNCIL 2.00 X 0 0 0 STEPHEN S GENSLER COUNCIL 2.00 X 0 0 0 DANIEL C GIRARD COUNCIL 2.00 X 0 0 0 ABBE R GLUCK COUNCIL 2.00 X 0 0 0 YVONNE GONZALEZ ROGERS COUNCIL 2.00 X 0 0 0 ANTON G HAJJAR COUNCIL 2.00 X 0 0 0 THOMAS M HARDIMAN COUNCIL 2.00 X 0 0 0 NATHAN L HECHT COUNCIL 2.00 X 0 0 0 WILLIAM C HUBBARD COUNCIL 2.00 X 0 0 0 SAMUEL ISSACHAROFF COUNCIL 2.00 X 0 0 0 KETANJI BROWN JACKSON COUNCIL 2.00 X 0 0 0 GREGORY P JOSEPH COUNCIL 2.00 X 0 0 0 MICHELE C KANE COUNCIL 2.00 X 0 0 0 PAMELA S KARLAN COUNCIL 2.00 X 0 0 0 HAROLD HONGJU KOH COUNCIL 2.00 X 0 0 0 CAROLYN B KUHL COUNCIL 2.00 X 0 0 0 CAROLYN B LAMM COUNCIL 2.00 X 0 0 0 DEREK P LANGHAUSER COUNCIL 2.00 X 0 0 0 CAROL F LEE COUNCIL 2.00 X 0 0 0 LANCE LIEBMAN COUNCIL 2.00 X 0 0 0 GOODWIN LIU COUNCIL 3.00 X 0 0 0 RAYMOND J LOHIER JR COUNCIL 3.00 X 0 0 0 GERARD E LYNCH COUNCIL 2.00 X 0 0 0 MARGARET H MARSHALL COUNCIL 2.00 X 0 0 0 LORI A MARTIN COUNCIL 2.00 X 0 0 0 TROY A MCKENZIE COUNCIL 2.00 X 0 0 0 M MARGARET MCKEOWN COUNCIL 3.00 X 0 0 0 JUDITH A MILLER COUNCIL 3.00 X 0 0 0 PATRICIA ANN MILLETT COUNCIL 2.00 X 0 0 0 JANET NAPOLITANO COUNCIL 2.00 X 0 0 0 KATHRYN A OBERLY COUNCIL 2.00 X 0 0 0 KATHLEEN M O'SULLIVAN COUNCIL 2.00 X 0 0 0 STEPHANIE A PARKER COUNCIL 2.00 X 0 0 0 STUART RABNER COUNCIL 2.00 X 0 0 0 DAVID W RIVKIN COUNCIL 2.00 X 0 0 0 DANIEL B RODRIGUEZ COUNCIL 2.00 X 0 0 0 GARY L SASSO COUNCIL 2.00 X 0 0 0 ANTHONY J SCIRICA COUNCIL 3.00 X 0 0 0 MARSHA E SIMMS COUNCIL 2.00 X 0 0 0 ROBERT H SITKOFF COUNCIL 2.00 X 0 0 0 JANE STAPLETON COUNCIL 2.00 X 0 0 0 LAURA STEIN COUNCIL 2.00 X 0 0 0 LARRY S STEWART COUNCIL 2.00 X 0 0 0 ELIZABETH S STONG COUNCIL 2.00 X 0 0 0 CATHERINE T STRUVE COUNCIL 2.00 X 0 0 0 JEFFREY S SUTTON COUNCIL 2.00 X 0 0 0 SARAH S VANCE COUNCIL 2.00 X 0 0 0 SETH P WAXMAN COUNCIL 2.00 X 0 0 0 STEVEN O WEISE COUNCIL 3.00 X 0 0 0 DIANE P WOOD COUNCIL 2.00 X 0 0 0 ROBERTA COOPER RAMO CHAIR OF THE COUNCIL 16.00 X X 0 0 0 DAVID F LEVI PRESIDENT & COUNCIL 16.00 X X 0 0 0 DOUGLAS LAYCOCK SEE SCHEDULE O 5.00 X X 0 0 0 LEE H ROSENTHAL SEE SCHEDULE O 5.00 X X 0 0 0 TERESA WILTON HARMON SEE SCHEDULE O 5.00 X X 0 0 0 WALLACE B JEFFERSON TREASURER & COUNCIL 5.00 X X 0 0 0 PAUL L FRIEDMAN SECRETARY & COUNCIL 5.00 X X 0 0 0 RICHARD L REVESZ DIRECTOR 30.00 X 358375 0 19250 STEPHANIE A MIDDLETON DEPUTY DIRECTOR 50.00 X 322340 0 19250 JULIE SCRIBNER CFO & DIRECTOR OF ALI CLE 35.00 X 224931 0 38030 JENNIFER MORINIGO CHIEF COMMUNICATIONS & MAR 35.00 X 185140 0 30426 DEANNE DISSINGER ASSOCIATE DEPUTY DIRECTOR 35.00 X 173973 0 21902 BETH GOLDSTEIN MEMBERSHIP DIRECTOR 35.00 X 151467 0 26601 LESLIE BELASCO DIRECTOR OF CLE PROGRAM PR 35.00 X 149656 0 17486 MING CHANG SR APP DEVELOPMENT MGR 35.00 X 128397 0 8943 1694279 0 181888 12 0 1 0 PATRIOT CONSTRUCTION INC 950 CALCON HOOK RD SUITE 25 SHARON HILL PA 19079 CONSTRUCTION 191396 PRO PRINT INC 3920 AIRPORT BLVD DULUTH MN 55811 PRINTING 152079 AE PRODUCTIONS LLC 5830 MIDWAY PARK BLVD NE ALBUQUERQUE NM 87109 AUDIO/VISUAL PRESENTATION SERVICES 104046 3 482473 1046739 22091 1529212 CLE PROGRAMS, PRODUCTS, AND PARTN 611710 5152993 5152993 ALI PUBLICATIONS AND RELATED ROYA 511120 3469791 3469791 8622784 1974004 1974004 688289 340051 348238 348238 348238 3931023 3642937 288086 288086 288086 567782 350554 217228 217228 12979552 8840012 0 2610328 49342 49342 1305245 1305245 200 200 989316 558692 374194 56430 4482029 3165728 1220929 95372 301013 212807 81815 6391 859486 607630 233608 18248 385576 272570 102905 10101 55027 55027 55116 1320 53796 174215 174215 188697 188697 384803 363318 15760 5725 222068 152989 64731 4348 203475 139950 58133 5392 19755 19755 251099 162752 81693 6654 561472 559526 1720 226 57684 57684 1411441 1220699 187532 3210 378813 288150 80624 10039 63151 63151 PRODUCTION AND TRANSMIS 169870 169870 CREDIT CARD & BANKING F 127220 117277 9943 CONSULTANTS, HONORARIA, 123342 96453 26889 UNRELATED BUSINESS INCO 4276 4276 113339 66818 46171 350 12937070 9762990 2951594 222486 1256649 1343769 852282 1420844 36778 37033 166323 192169 10126833 7553431 2586446 2573402 64554187 65998742 2930828 2719372 1092699 910618 73476192 75195949 1034542 1229539 810297 808187 22735 22735 1847239 1764203 3714813 3824664 X 62078720 65258621 6982648 5308261 700011 804403 69761379 71371285 73476192 75195949 42482 1567424 0 X X 0 1 X 1 0 X 1348872 977810 7043023 1800184 1529212 12699101 10785497 10517972 9938399 9624564 9190566 50056998 12134369 11495782 16981422 11424748 10719778 62756099 76524 144400 144135 364942 288661 1018662 0 76524 144400 144135 364942 288661 1018662 61737437 2165621 2219239 2475376 2381902 2662293 11904431 2165621 2219239 2475376 2381902 2662293 11904431 14299990 13715021 19456798 13806650 13382071 74660530 0.82690 0.84540 0.15940 0.14400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 174215 174215 9588775 9762990 638150 159538 0 0 638150 638150 957225 174215 174215 159538 159538 239307 0 1 X 13165407 383162 714071 2323062 11939578 14596539 539742 1134188 3105062 13165407 15545595 258295 1683135 2890486 14596539 17864550 232150 46143 2597248 15545595 19901641 245660 441872 2724623 17864550 0.77190 0.06610 0.16200 0 0 393750 393750 1687380 4113 1691468 25 1307421 4130775 3693459 1744737 2603394 2168504 434890 2573402 POST-RETIREMENT HEALTHCARE OBLIGATION 1764203 1764203 X PART IV, LINE 2B: THE AMERICAN LAW INSTITUTE MAINTAINS AS LANDLORD AN ESCROW BANK ACCOUNT AS A SECURITY DEPOSIT FOR ONE OF ITS TENANTS, ELWYN INC. PART X, LINE 2: FOR THE YEARS ENDED JUNE 30, 2019 AND 2018, ALI AND ALIP DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN AN INFORMATIONAL RETURN OR IN AN INCOME TAX RETURN, RESPECTIVELY, WHICH WOULD REQUIRE ADJUSTMENT TO OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. IN ADDITION, ALI AND ALIP BELIEVE THAT THEY HAVE NOT ENGAGED IN ANY ACTIVITIES FOR WHICH ALI'S TAX-EXEMPT STATUS AND ALIP'S TAX STATUS AS A PASS THROUGH ENTITY WOULD NOT BE SUSTAINED UNDER EXAMINATION. ALI AND ALIP ARE POTENTIALLY SUBJECT TO FEDERAL, STATE, AND LOCAL EXAMINATIONS, AS APPLICABLE, FOR YEARS SUBSEQUENT TO JUNE 30, 2015. SCHEDULE D, PART V, LINE 4 IN ACCORDANCE WITH DONOR-IMPOSED RESTRICTIONS ON THE FALK ENDOWMENT, PRINCIPAL IS PERMANENTLY RESTRICTED AND INCOME MAY ONLY BE USED FOR PURPOSES OF THE PERMANENT EDITORIAL BOARD FOR THE UNIFORM COMMERCIAL CODE (PEB-UCC). THE WINOGRAD ENDOWMENT PRINCIPAL IS PERMANENTLY RESTRICTED AND THE INCOME MAY ONLY BE USED TO SUPPORT THE EARLY CAREER SCHOLARS CONFERENCE AFTER THE TIME RESTRICTION IS MET. THE CASNER FUND WAS ESTABLISHED TO PROVIDE FINANCIAL SUPPORT FOR AN ENDOWED CHAIR IN MEMORY OF PROFESSOR CASNER. THE WECHSLER FUND AND THE UNRESTRICTED PEB-UCC FUND HAVE BOARD-DESIGNATED SPENDING RESTRICTIONS. THE MELLON FUND IS A TEMPORARILY RESTRICTED FUND TO BE USED FOR THE RESTATEMENT PROJECTS. THE MELTZER AND HAZARD ENDOWMENTS ARE PERMANENTLY RESTRICTED; FUNDS MAY BE USED TO SUPPORT SPECIAL PROJECTS OR MEMBERSHIP ENGAGEMENT PURPOSES AS DETERMINED AT THE DISCRETION OF THE DIRECTOR. 1 UNIVERSITY OF PENNSYLVANIA 3451 WALNUT ST 433 FRANKLIN BUILDING PHILADELPHIA PA 191046205 231352685 501(C)3 16665 THE CONTRIBUTION MADE TO THE UNIVERSITY OF PENNSYLVANIA WAS IN SUPPORT OF THE UNIVERSITY'S LIBRARY ARCHIVE DEPARTMENT WHICH MAINTAINS THE INSTITUTE'S ARCHIVES. SMITHSONIAN INSTITUTION PO BOX 37012 MRC 035 WASHINGTON DC 20013 530206027 501(C)3 29000 THE CONTRIBUTION MADE TO THE SMITHSONIAN INSTITUTION, WAS IN SUPPORT OF THE NATIONAL MUSEUM OF AFRICAN AMERICAN HISTORY AND CULTURE CO-SPONSORED EVENTS 2 THE AMERICAN LAW INSTITUTE PROVIDES FINANCIAL ASSISTANCE TO COVER TRAVEL EXPENSES FOR CERTAIN VOLUNTEERS WHO ATTEND ITS MEETINGS. ALI CLE OFFERS FULL SCHOLARSHIPS TO CERTAIN LAWYERS TO ATTEND ITS VARIOUS COURSES. 587 83202 310498 50% OF TUITION COST TO ATTEND SEMINAR THE NON-CASH ASSISTANCE IS IN THE FORM OF A FULL SCHOLARSHIP THE AMERICAN LAW INSTITUTE PROVIDES STIPENDS TO REPORTERS AND RESEARCH ASSISTANTS AS PAYMENT FOR THEIR WORK PERFORMED ON ALI PROJECTS. 202 911545 AMOUNT IS BUDGETED BASED ON PROJECT AND WORK TO BE PERFORMED PART I, LINE 2: THE AMERICAN LAW INSTITUTE, INCLUDING ALI CLE, MAKES VOLUNTARY PAYMENTS TO 501(C)(3) ORGANIZATIONS AND INDIVIDUALS. GIVEN THEIR NATURE, THE PAYMENTS ARE MADE EITHER BY CHECK OR BY AWARD OF A SCHOLARSHIP FOR ALL OR PART OF THE FEE FOR A PROGRAM. THE AMERICAN LAW INSTITUTE, INCLUDING ALI CLE, IS ABLE TO DIRECT AND MONITOR THESE EXPENDITURES AND SCHOLARSHIPS. X X X 0 0 0 0 0 0 0 1 0 RICHARD L REVESZ DIRECTOR 355589 0 0 0 2786 0 19250 0 0 0 377625 0 0 0 STEPHANIE A MIDDLETON DEPUTY DIRECTOR 319800 0 0 0 2540 0 19250 0 0 0 341590 0 0 0 JULIE SCRIBNER CFO & DIRECTOR OF ALI CLE 208608 0 15000 0 1323 0 15605 0 22425 0 262961 0 0 0 JENNIFER MORINIGO CHIEF COMMUNICATIONS & MAR 182253 0 2000 0 887 0 13116 0 17310 0 215566 0 0 0 DEANNE DISSINGER ASSOCIATE DEPUTY DIRECTOR 171043 0 2000 0 930 0 12078 0 9824 0 195875 0 0 0 BETH GOLDSTEIN MEMBERSHIP DIRECTOR 142478 0 8000 0 989 0 10333 0 16268 0 178068 0 0 0 LESLIE BELASCO DIRECTOR OF CLE PROGRAM PR 147296 0 0 0 2360 0 10018 0 7468 0 167142 0 0 0 PART I, LINE 7 DISCRETIONARY BONUSES WERE PAID IN ACCORDANCE WITH ALI'S COMMITMENT TO PAYING TOTAL COMPENSATION THAT IS REASONABLE AND THAT REFLECTS AN AMOUNT THAT MAY BE PAID BY SIMILAR ORGANIZATIONS FOR SIMILAR SERVICES. X 6 22091 FAIR MARKET VALUE 0 0 0 FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE AMERICAN LAW INSTITUTE IS THE LEADING INDEPENDENT ORGANIZATION IN THE UNITED STATES PRODUCING SCHOLARLY WORK TO CLARIFY, MODERNIZE, AND OTHERWISE IMPROVE THE LAW. THE INSTITUTE (MADE UP OF OVER 4,600 LAWYERS, JUDGES, AND LAW PROFESSORS OF THE HIGHEST QUALIFICATIONS) DRAFTS, DISCUSSES, REVISES, AND PUBLISHES RESTATEMENTS OF THE LAW, MODEL STATUTES, AND PRINCIPLES OF LAW THAT ARE ENORMOUSLY INFLUENTIAL IN THE COURTS AND LEGISLATURES, AS WELL AS IN LEGAL SCHOLARSHIP AND EDUCATION. THE INSTITUTE THROUGH ITS ALI CLE OPERATING GROUP PROVIDES EDUCATION FOR THE LEGAL PROFESSION THROUGHOUT THE UNITED STATES. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE INSTITUTE'S MISSION, AS SET OUT IN ITS CERTIFICATE OF INCORPORATION, IS TO PROMOTE THE CLARIFICATION AND SIMPLIFICATION OF THE LAW AND ITS BETTER ADAPTATION TO SOCIAL NEEDS, TO SECURE THE BETTER ADMINISTRATION OF JUSTICE, AND TO ENCOURAGE AND CARRY ON SCHOLARLY AND SCIENTIFIC LEGAL WORK. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING COUNCIL MEMBERS AND OFFICERS HAD BUSINESS RELATIONSHIPS: LORI A. MARTIN AND SETH P. WAXMAN ARE PARTNERS IN THE LAW FIRM OF WILMERHALE; SAMUEL ISSACHAROFF PROVIDED LEGAL CONSULTING TO LIEFF CABRASER HEIMANN & BERNSTEIN AND ELIZABETH J. CABRASER IS A PARTNER IN THAT FIRM; EVAN R. CHESLER AND RAYMOND J. LOHIER, JR. SERVE ON THE BOARD OF TRUSTEES OF NEW YORK UNIVERSITY SCHOOL OF LAW AND SAMUEL ISSACHAROFF, TROY A. MCKENZIE, AND RICHARD L. REVESZ ARE PROFESSORS AT THAT SCHOOL AND MARIANO-FLORENTINO CULLAR PERIODICALLY TEACHES AT THAT SCHOOL; AND JOHN B. BELLINGER III IS AN ADJUNCT SENIOR FELLOW OF THE COUNCIL ON FOREIGN RELATIONS AND JANET NAPOLITANO IS A MEMBER OF THE BOARD OF DIRECTORS OF THAT ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 THERE WERE 4,641 MEMBERS AS OF 6/30/19. THERE ARE FOUR CLASSES OF MEMBERSHIP: ELECTED MEMBERS, LIFE MEMBERS, HONORARY MEMBERS, AND EX-OFFICIO MEMBERS. ALL MEMBERS HAVE THE RIGHT TO VOTE ON THE MATTERS DESCRIBED IN LINES 7A AND 7B. FORM 990, PART VI, SECTION A, LINE 7A INSTITUTE MEMBERS ELECT MEMBERS OF THE GOVERNING BODY FROM THE INSTITUTE'S MEMBERSHIP AT THE ANNUAL MEETING OF THE MEMBERSHIP. ALL INSTITUTE MEMBERS, REGARDLESS OF CLASS OF MEMBERSHIP, ARE ELIGIBLE TO VOTE. FORM 990, PART VI, SECTION A, LINE 7B PUBLICATION OF ANY WORK REPRESENTING THE INSTITUTE'S POSITION REQUIRES APPROVAL BY BOTH THE MEMBERSHIP AND THE GOVERNING BODY. IN ADDITION, THE FOLLOWING MATTERS REQUIRE MEMBERSHIP APPROVAL: BYLAW AMENDMENTS; AND ANY CHANGE IN THE MAXIMUM NUMBER OF ELECTED MEMBERS OF THE INSTITUTE. ALL INSTITUTE MEMBERS, REGARDLESS OF CLASS OF MEMBERSHIP, ARE ELIGIBLE TO VOTE. FORM 990, PART VI, SECTION B, LINE 11B THE GOVERNING BODY HAS DELEGATED TO THE AUDIT COMMITTEE THE RESPONSIBILITY TO REVIEW THE FORM 990 BEFORE IT IS FILED. THE FORM 990 IS PREPARED BY MANAGEMENT, REVIEWED BY THE INSTITUTE'S INDEPENDENT AUDITOR AND OUTSIDE LEGAL COUNSEL, AND PROVIDED TO ALL MEMBERS OF THE COMMITTEE FOR REVIEW BEFORE FILING. COMMITTEE MEMBERS THEN MAY RAISE ANY QUESTIONS THEY MAY HAVE AT THE COMMITTEE'S MEETING OR ANYTIME BY PHONE OR EMAIL. THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE INSTITUTE'S CONFLICTS OF INTEREST POLICY APPLIES TO OFFICERS AND MEMBERS OF THE COUNCIL AND AUDIT AND INVESTMENT COMMITTEES. THE POLICY REQUIRES DISCLOSURE OF ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AND ALL MATERIAL FACTS TO THE PRESIDENT OR CHAIR OF COUNCIL PRIOR TO PARTICIPATING IN DISCUSSION, CONSIDERATION, OR ACTION ON A TRANSACTION OR ARRANGEMENT UNDER CONSIDERATION. IF THERE IS A QUESTION AS TO WHETHER A CONFLICT OF INTEREST EXISTS, THE QUESTION IS RESOLVED BY A VOTE OF THE COUNCIL OR EXECUTIVE COMMITTEE IN WHICH THE INTERESTED INDIVIDUAL MAY NOT VOTE. INTERESTED INDIVIDUALS MAY NOT BE PRESENT DURING, OR PARTICIPATE IN, THE CONSIDERATION OR ACTION ON THE TRANSACTION OR OTHER ARRANGEMENT. KEY EMPLOYEES ARE COVERED BY THE CONFLICTS OF INTEREST PROVISIONS IN THE INSTITUTE'S CODE OF CONDUCT FOR EMPLOYEES. THOSE PROVISIONS REQUIRE DISCLOSURE OF ANY CONFLICTS OF INTEREST TO AN EXECUTIVE STAFF MEMBER OR OFFICER IDENTIFIED IN THE CODE. IF WARRANTED, APPROPRIATE ACTION WILL BE TAKEN; FOR EXAMPLE, THE EMPLOYEE MIGHT BE EXCLUDED FROM INVOLVEMENT IN THE RELEVANT MATTER. ALL PERSONS TO WHOM THE CONFLICTS OF INTEREST POLICY APPLIES, AS WELL AS KEY EMPLOYEES, ALSO MUST DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST VIA AN ANNUAL DISCLOSURE QUESTIONNAIRE. ANY CONFLICT-OF-INTEREST DISCLOSURES IN THE COMPLETED QUESTIONNAIRES ARE REVIEWED BY THE AUDIT COMMITTEE. IF THE AUDIT COMMITTEE DETERMINES THAT AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST EXISTS, IT RECOMMENDS AN APPROPRIATE REMEDY TO THE PRESIDENT OR CHAIR OF COUNCIL. IF THE PRESIDENT OR CHAIR OF COUNCIL IS THE PERSON WHO HAS THE ACTUAL OR POTENTIAL CONFLICT OF INTEREST, THE AUDIT COMMITTEE MAKES ITS RECOMMENDATION TO THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMPENSATION SUBCOMMITTEE OF THE EXECUTIVE COMMITTEE ANNUALLY REVIEWS AND MAKES RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE CONCERNING THE COMPENSATION OF ANY PERSONS WHO, DURING EACH FIVE-YEAR PERIOD ENDING ANNUALLY WITH THE INSTITUTE'S FISCAL YEAR-END, IS IN A POSITION TO EXERCISE SUBSTANTIAL INFLUENCE OVER THE AFFAIRS OF THE ORGANIZATION, INCLUDING THE DIRECTOR, DEPUTY DIRECTOR, CHIEF FINANCIAL OFFICER, AND DIRECTOR OF ALI CLE. THE PROCESS WAS LAST UNDERTAKEN FOR THESE PERSONS IN THE FISCAL YEAR ENDED JUNE 30, 2019. FORM 990, PART VI, SECTION C, LINE 19 THE INSTITUTE'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND ANNUAL REPORT CONTAINING FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE INSTITUTE'S WEBSITE, WWW.ALI.ORG. FORM 990, PART VII, SECTION A, LINE 65, 66 & 67: NAME: DOUGLAS LAYCOCK TITLE: 1ST VICE PRESIDENT (THROUGH MAY 10,2019) & COUNCIL NAME: LEE H. ROSENTHAL TITLE: 2ND VICE PRESIDENT (THROUGH MAY 10,2019), 1ST VICE PRESIDENT (BEGINNING MAY 10,2019) & COUNCIL NAME: TERESA WILTON HARMON TITLE: 2ND VICE PRESIDENT (BEGINNING MAY 10,2019) & COUNCIL FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. FORM 990, PART VI, SECTION A, LINE 1A: THE INSTITUTE'S GOVERNING BODY, THE COUNCIL, HAS DELEGATED TO THE EXECUTIVE COMMITTEE THE AUTHORITY TO OVERSEE THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE INSTITUTE, EXCEPT FOR CERTAIN MATTERS RESERVED TO THE COUNCIL AS DESCRIBED IN THE BYLAWS. THE EXECUTIVE COMMITTEE HAS PRIMARY RESPONSIBILITY FOR SUCH OVERSIGHT; HOWEVER, THE DELEGATED AUTHORITY IS NOT EXCLUSIVE AND THE COUNCIL CONTINUES TO RETAIN AND MAY EXERCISE ALL DELEGATED AUTHORITY. ALL MEMBERS OF THE EXECUTIVE COMMITTEE ARE MEMBERS OF THE COUNCIL. AMERICAN LAW INSTITUTE PUBLISHERS 610 OPPERMAN DRIVE EAGAN MN 55123 416164506 PUBLISHES LAW BOOKS MN N/A RELATED 2442918 910618 0 0 0.75000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 AMERICAN LAW INSTITUTE PUBLISHERS Q 342374 FROM ACTUAL INVOICE TOTALS AMERICAN LAW INSTITUTE PUBLISHERS Q 469479 FROM EDITORIAL INVOICE TOTALS AMERICAN LAW INSTITUTE PUBLISHERS S 2625000 DISTRIBUTION OF NI FROM ALIP