2025-09-26T08:10:47-05:00 2024-12-31 060530830 SEWARD AND MONDE CPA'S 296 STATE STREET NORTH HAVEN CT 064732165 990 2024-01-01 521547103 JOHN PAUL II SHRINE AND INSTITUTE INC JOHN 2037524000 ONE COLUMBUS PLAZA NEW HAVEN CT 065103326 JOHN A MARRELLA SECRETARY 2037524000 2025-09-25 1 1 JAMES J PIZZUTI P01215767 2032489341 2024 2025-03-06 01:10:19Z JOHN A MARRELLA ONE COLUMBUS PLAZA NEW HAVEN CT 065103326 12216483 0 X WWW.JOHNPAULII.EDU, WWW.JP2SHRINE.ORG X 1987 DC OPERATION OF AN INSTITUTE WHICH PROVIDES POST-GRADUATE DEGREE AND NON-DEGREE COURSES OF STUDY IN THEOLOGY OF PERSON, MARRIAGE AND FAMILY, AND A WORLD-CLASS SHRINE DEPICTING THE LIFE AND LEGACY OF THE SAINT JOHN PAUL II AND ON CATHOLIC HERITAGE OF NORTH AMERICA. 8 1 19 0 0 0 10728086 11199603 724790 766128 31470 47442 58838 96711 11543184 12109884 578775 921831 0 0 2350129 2337003 0 0 145502 8786156 8772081 11715060 12030915 -171876 78969 51507718 48747590 12253582 9412177 39254136 39335413 X TO PROVIDE A COMPREHENSIVE UNDERSTANDING OF PERSON, MARRIAGE AND FAMILY FAITHFUL TO THE CATHOLIC TRADITION IN LIGHT OF THE TEACHINGS OF THE SECOND VATICAN COUNCIL AND POPE JOHN PAUL II, BY MEANS OF A MULTIDISCIPLINARY EDUCATION CENTERED IN THEOLOGY AND INTEGRATED IN LIGHT OF JOHN PAUL II'S NOTION OF MAN AND WOMAN AS AN EMBODIED, SEXUALLY DIFFERENTIATED COMMUNION OF PERSONS CREATED IN THE IMAGE OF GOD AND DESTINED FOR A STATE OF LIFE; TO DEVELOP A CRITICAL UNDERSTANDING OF ISSUES ON MARRIAGE AND FAMILY, BIOTECHNOLOGY AND ETHICS IN LIGHT OF WESTERN/MODERN ASSUMPTIONS REGARDING THE HUMAN PERSON, AS THESE BEAR ON THE NATURE AND DIGNITY OF HUMAN LIFE; TO OFFER ACCREDITED PONTIFICAL DEGREE PROGRAMS, AS WELL AS ACCREDITED GRADUATE DEGREE PROGRAMS (MASTER'S, LICENSE, AND DOCTORAL-LEVEL EDUCATION); THE OPERATION AND MAINTENANCE OF THE SAINT JOHN PAUL II NATIONAL SHRINE, A WORLD-CLASS SHRINE DEPICTING THE LIFE AND LEGACY OF THE SAINT JOHN PAUL II AND ON CATHOLIC HERITAGE OF NORTH AMERICA. 0 0 3473958 921831 727870 THE ORGANIZATION AND OPERATION OF THE PONTIFICAL JOHN PAUL II INSTITUTE FOR STUDIES ON MARRIAGE AND FAMILY, WHICH PROVIDES POST-GRADUATE DEGREE AND NON-DEGREE COURSES OF STUDY TO 89 STUDENTS IN THEOLOGY OF MARRIAGE AND FAMILY. 7228133 0 134969 THE OPERATION AND MAINTENANCE OF THE SAINT JOHN PAUL II NATIONAL SHRINE, A WORLD-CLASS MUSEUM DEPICTING THE LIFE AND LEGACY OF THE SAINT JOHN PAUL II AND ON CATHOLIC HERITAGE OF NORTH AMERICA. 10702091 1 1 0 0 0 0 0 1 0 0 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 1 50 0 1 19 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 1 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR CA CT FL GA HI IL KS KY MA MD MI MN MS NC ND NH NJ NY OK OR PA RI SC TN VA WI WV X JOHN A MARRELLA 2038004822 ONE COLUMBUS PLAZA NEW HAVEN CT 065103326 CARL A ANDERSON DIRECTOR/PAST PRESIDENT 1.00 14.00 X 0 196944 0 ANTHONY V MINOPOLI DIRECTOR 1.00 54.00 X 0 775100 45296 JOHN J KENNEDY DIRECTOR/CHIEF FINANCIAL OFFICER 1.00 54.00 X X 0 888154 36663 PATRICK E KELLY PRESIDENT 3.00 57.00 X X 0 1851231 50356 ARTHUR LOUIS L PETERS VICE PRESIDENT 1.00 24.00 X X 0 112262 0 JOHN A MARRELLA SECRETARY 1.00 54.00 X X 0 808489 36457 RONALD F SCHWARZ TREASURER 1.00 54.00 X X 0 374061 39528 MOST REV WILLIAM E LORI DIRECTOR 1.00 9.00 X 0 138750 0 PATRICK T MASON PAST SECRETARY 1.00 54.00 X X 0 302387 38955 ANTHONY PICARELLO EXECUTIVE DIRECTOR - ST. JPII SHRINE 40.00 0.00 X 0 333400 48679 STEPHEN M FEILER ASSISTANT SECRETARY 1.00 54.00 X 0 288501 47645 REV ANTONIO LOPEZ PROVOST/PROFESSOR 40.00 0.00 X 0 0 0 JOSEPH C ATKINSON ASSOCIATE PROFESSOR 40.00 0.00 X 116150 0 38202 DAVID S CRAWFORD DEAN/ASSOCIATE PROFESSOR 40.00 0.00 X 135524 0 49949 MICHAEL HANBY ASSOCIATE PROFESSOR 40.00 0.00 X 107031 0 47964 DAVID L SCHINDLER JR PROFESSOR 40.00 0.00 X 119879 0 49054 NICHOLAS J HEALY ASSOCIATE PROFESSOR 40.00 0.00 X 106650 0 47991 DANIEL ROSSI FORMER DIRECTOR 0.00 9.00 X 0 33350 0 585234 6102629 576739 7 1 1 0 ALLIED UNIVERSAL SECURITY SERVICES PO BOX 828854 PHILADELPHIA PA 19182 GUARD AND SECURITY SERVICES 813668 NESCO RESOURCE PO BOX 901372 CLEVELAND OH 441901372 STAFFING SERVICES 442355 2 10730000 469603 11199603 TUITION AND FEES 611310 727870 727870 MISCELLANEOUS REVENUE 611310 38258 38258 766128 47442 47442 203310 106599 96711 96711 12109884 862839 0 47442 293251 293251 628580 628580 1850451 1590133 260318 122693 108164 14529 225205 193397 31808 138654 121524 17130 18368 7897 10471 90895 41778 49117 249198 159381 89817 117428 99751 14427 3250 1864762 1544353 193008 127401 288511 278020 10491 1443081 1167324 275757 32787 20678 12109 231636 182703 48933 600000 578182 21818 2945913 2838107 107806 115598 108939 6659 PROFESSORIAL COSTS 191749 191749 EXHIBIT EXPENDITURES 134113 134113 CANTORS AND MUSICIANS 124450 124450 CHAPEL EXPENSE 23816 23816 299776 265801 29595 4380 12030915 10702091 1183322 145502 240609 396637 1857 6628 162651 148246 3910093 3610945 74786503 31387253 46067413 43399250 1118795 1168384 6300 17500 51507718 48747590 210947 297706 12042635 9114471 12253582 9412177 X 39254136 39335413 39254136 39335413 51507718 48747590 78969 2308 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 2600000 2600000 70480787 29928027 40552760 968634 929150 39484 737082 530076 207006 43399250 DEMAND NOTE PAYABLE TO KNIGHTS OF COLUMBUS 9000000 DUE TO KNIGHTS OF COLUMBUS FOURTH DEGREE FUND 2523 DUE TO KNIGHTS OF COLUMBUS, NET 111948 9114471 14670692 2308 2945080 2947388 11723304 386580 386580 12109884 14589415 2945080 2945080 11644335 386580 386580 12030915 PART III, LINE 1A: SHRINE COLLECTIONS INCLUDE WORKS OF ART, SCULPTURE AND OTHER ARTIFACTS THAT ARE HELD FOR EDUCATIONAL AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND CARED FOR, AND KEPT UNENCUMBERED, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE PROCEEDS FROM DEACCESSION OF COLLECTION ITEMS MAY BE USED FOR ACQUISITIONS OF NEW COLLECTION ITEMS OR THE DIRECT CARE OF EXISTING COLLECTIONS. JOHN PAUL II CONSIDERS DIRECT CARE TO ENTAIL ACTIONS THAT ENHANCE THE LIFE, USEFULNESS, OR QUALITY OF THE COLLECTION ITEMS TO ENSURE THEY WILL CONTINUE TO BENEFIT THE PUBLIC. THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE JOHN PAUL II'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED, OR AS DECREASES IN NET ASSETS WITH DONOR RESTRICTIONS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES OF LOST OR DESTROYED COLLECTION ITEMS ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. PART III, LINE 4: MUSEUM COLLECTIONS CONSIST OF ART OBJECTS THAT ARE HELD FOR EDUCATIONAL AND CURATORIAL PURPOSES THAT DEPICT THE LIFE AND LEGACY OF THE SAINT JOHN PAUL II AND ON CATHOLIC HERITAGE OF NORTH AMERICA. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP GRANTS 386,580. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP GRANTS 386,580. PART X, LINE 2: THERE IS NO FIN 48 NOTE IN THE ORGANIZATION'S FINANCIAL STATEMENTS AND THE ORGANIZATION HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS UNDER FIN 48 (ASC 740). 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 A STATEMENT REGARDING OUR NONDISCRIMINATORY POLICY WAS PUBLICIZED IN THE MEDIA. LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID: THE INSTITUTE PARTICIPATES IN A FEDERAL STUDENT FINANCIAL ASSISTANCE PROGRAM. 1 KNIGHTS OF COLUMBUS CHARITIES USA INC ONE COLUMBUS PLAZA NEW HAVEN CT 065103326 412140273 501(C)(3) 293251 0 N/A N/A SUPPORT FOR THE TERRENCE T. LESCOE SCHOLARSHIP FUND 1 0 SCHOLARSHIPS TO STUDENTS ATTENDING CLASSES AT THE PONTIFICAL JOHN PAUL II INSTITUTE FOR STUDIES ON MARRIAGE AND FAMILY 41 386580 FAIR MARKET VALUE REDUCTION OF TUITION COST CHARGED TO STUDENT FELLOWSHIPS TO STUDENTS ATTENDING CLASSES AT THE PONTIFICAL JOHN PAUL II INSTITUTE FOR STUDIES ON MARRIAGE AND FAMILY 16 242000 N/A N/A PART I, LINE 2: GRANTS MADE TO ORGANIZATIONS ARE FOR GENERAL SUPPORT OF THE RECIPIENT ORGANIZATION. THE ORGANIZATION VERIFIES THAT ALL GRANTS ARE PROVIDED TO ENTITIES THAT ARE 501(C)(3) ORGANIZATIONS OR HAVE AN EQUIVALENT STATUS TO A 501(C)(3) ORGANIZATION. INDIVIDUALS RECEIVING SCHOLARSHIP GRANTS AND FELLOWSHIP STIPENDS IN FURTHERANCE OF THE ORGANIZATION'S EXEMPT PURPOSE ARE DETERMINED TO BE QUALIFYING RECIPIENTS BASED ON A REVIEW BY AN INDEPENDENT PANEL OF THE INDIVIDUAL'S ACADEMIC MERITS RELEVANT TO THE EDUCATIONAL PROGRAM CONDUCTED AT THE INSTITUTE AND FINANCIAL NEED. EACH SEMESTER THE ORGANIZATION WILL REVIEW REGISTRATION RECORDS TO ENSURE THAT A STUDENT IS ENROLLED IN CLASSES BEFORE A SCHOLARSHIP OR FELLOWSHIP IS AWARDED. IF THE STUDENT WITHDRAWS BEFORE HALF OF THE SEMESTER IS COMPLETED, HE OR SHE IS REQUIRED TO REPAY THE ENTIRE SEMESTER'S AWARD. IF A STUDENT WITHDRAWS AFTER THE HALFWAY POINT OF THE SEMESTER, HE OR SHE IS ENTITLED TO RETAIN THE FULL AWARDED AMOUNT. THE ORGANIZATION MAINTAINS A LISTING OF ALL SCHOLARSHIP AND FELLOWSHIP RECIPIENTS AND AMOUNTS AWARDED TO EACH STUDENT. ALL SCHOLARSHIP RECIPIENTS ARE UNRELATED TO THE MEMBERS OF THE SCHOLARSHIP COMMITTEE AND ALSO UNRELATED TO THE OFFICERS AND DIRECTORS OF THE ORGANIZATION. 0 1 0 0 0 0 0 0 0 PATRICK E KELLY PRESIDENT 0 975568 0 386328 0 489335 0 9700 0 40656 0 1901587 0 0 JOHN J KENNEDY DIRECTOR/CHIEF FINANCIAL OFFICER 0 626916 0 183875 0 77363 0 6455 0 30208 0 924817 0 0 JOHN A MARRELLA SECRETARY 0 456095 0 137689 0 214705 0 6249 0 30208 0 844946 0 0 ANTHONY V MINOPOLI DIRECTOR 0 602776 0 167161 0 5163 0 6229 0 39067 0 820396 0 0 RONALD F SCHWARZ TREASURER 0 232963 0 73340 0 67758 0 9320 0 30208 0 413589 0 0 ANTHONY PICARELLO EXECUTIVE DIRECTOR - ST. JPII SHRINE 0 316168 0 15100 0 2132 0 9708 0 38971 0 382079 0 0 PATRICK T MASON PAST SECRETARY 0 209092 0 86059 0 7236 0 6464 0 32491 0 341342 0 0 STEPHEN M FEILER ASSISTANT SECRETARY 0 226508 0 60741 0 1252 0 6989 0 40656 0 336146 0 0 CARL A ANDERSON DIRECTOR/PAST PRESIDENT 0 192000 0 0 0 4944 0 0 0 0 0 196944 0 0 DAVID S CRAWFORD DEAN/ASSOCIATE PROFESSOR 130011 0 0 0 5513 0 10929 0 39020 0 185473 0 0 0 DAVID L SCHINDLER JR PROFESSOR 118980 0 0 0 899 0 10046 0 39008 0 168933 0 0 0 MICHAEL HANBY ASSOCIATE PROFESSOR 105500 0 0 0 1531 0 8968 0 38996 0 154995 0 0 0 NICHOLAS J HEALY ASSOCIATE PROFESSOR 105826 0 0 0 824 0 8994 0 38997 0 154641 0 0 0 JOSEPH C ATKINSON ASSOCIATE PROFESSOR 108756 0 0 0 7394 0 9060 0 29142 0 154352 0 0 0 DANIEL ROSSI FORMER DIRECTOR 0 33350 0 0 0 0 0 0 0 0 0 33350 0 0 PART I, LINE 3 ALL OFFICERS AND DIRECTORS' COMPENSATION IS PAID BY A RELATED ORGANIZATION. THE COMPENSATION PROCESS AND INDEPENDENT REVIEW WAS PERFORMED BY THE RELATED ORGANIZATION, KNIGHTS OF COLUMBUS, A SECTION 501(C)(8) ORGANIZATION. KNIGHTS OF COLUMBUS' COMPENSATION PROCESS IS AS FOLLOWS: THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS ENGAGES AN INDEPENDENT COMPENSATION CONSULTANT ON AN ANNUAL BASIS, INCLUDING IN 2024, FOR A REVIEW OF THE REASONABLENESS OF TOTAL COMPENSATION PROVIDED TO SUPREME OFFICERS AND OTHER TOP MANAGEMENT OFFICIALS. THE INDEPENDENT COMPENSATION CONSULTANT USES SURVEY SOURCES THAT THEY HAVE COMPILED PLUS OTHER PUBLISHED SURVEYS TO PRESENT A REPORT OF COMPARABLE MARKET DATA OF TOTAL COMPENSATION FOR EACH MANAGEMENT POSITION. THE EXECUTIVE COMPENSATION COMMITTEE REVIEWS AND DISCUSSES THE COMPARABLE MARKET DATA BEFORE MAKING A RECOMMENDATION TO THE BOARD OF DIRECTORS. AFTER A REVIEW AND DISCUSSION ABOUT THE COMPARABLE MARKET DATA AND THE INDIVIDUALS IN THE ROLES UNDER REVIEW, A VOTE IS TAKEN TO APPROVE A NEW SALARY RANGE AND OBJECTIVE BONUS STRUCTURE FOR THE TOP MANAGEMENT INDIVIDUALS. TOTAL COMPENSATION FOR EACH INDIVIDUAL IS WITHIN THE RANGE APPROVED BY THE BOARD OF DIRECTORS WHICH IS WITHIN THE COMPARABLE MARKET DATA. PART I, LINE 4B PATRICK E. KELLY $481,297 JOHN A. MARRELLA 202,864 RONALD F. SCHWARZ 56,485 PATRICK T. MASON 6,012 JOHN J. KENNEDY 65,087 KNIGHTS OF COLUMBUS SPONSORS A NONQUALIFIED DEFERRED COMPENSATION PLAN THAT IS DESIGNED TO MAKE UP FOR BENEFITS LOST IN THE TAX-QUALIFIED RETIREMENT PLAN. ONCE A PARTICIPANT BECOMES VESTED IN THIS NONQUALIFIED DEFERRED COMPENSATION PLAN, BY LAW, THE PARTICIPANT IS TAXED ON THE VESTED AMOUNT. THE KNIGHTS OF COLUMBUS' PLAN PROVIDES THAT UPON VESTING, A PARTICIPANT WILL RECEIVE A PAYMENT FOR THE ESTIMATED INCOME TAXES RELATED TO THE VESTED AMOUNT. THE ABOVE AMOUNTS ARE INCLUDED ON SCHEDULE J, PART II, COLUMN B(III). SCHEDULE J, PART I: KNIGHTS OF COLUMBUS PROVIDES TO THE ORGANIZATION A DIRECTOR AND SUPPORT STAFF TO RUN THE DAY-TO-DAY OPERATIONS OF THE SAINT JOHN PAUL II NATIONAL SHRINE. KNIGHTS OF COLUMBUS ALSO PROVIDES ADMINISTRATIVE SUPPORT TO ASSIST WITH THE DAY-TO-DAY OPERATIONS WITHOUT CHARGE THROUGH A SUPPORT AGREEMENT. X 0 N/A X 15 N/A X ARCHIVAL RECORDS 1 0 N/A 0 0 1 0 PART I, COLUMN (B): 16 IS THE NUMBER OF CONTRIBUTIONS OF ART AND SIMILAR ASSETS RECEIVED. PART I, LINE 33: SHRINE COLLECTIONS INCLUDE WORKS OF ART, SCULPTURE AND OTHER ARTIFACTS THAT ARE HELD FOR EDUCATIONAL AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND CARED FOR, AND KEPT UNENCUMBERED, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE PROCEEDS FROM DEACCESSION OF COLLECTION ITEMS MAY BE USED FOR ACQUISITIONS OF NEW COLLECTION ITEMS OR THE DIRECT CARE OF EXISTING COLLECTIONS. JOHN PAUL II CONSIDERS DIRECT CARE TO ENTAIL ACTIONS THAT ENHANCE THE LIFE, USEFULNESS, OR QUALITY OF THE COLLECTION ITEMS TO ENSURE THEY WILL CONTINUE TO BENEFIT THE PUBLIC. THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE JOHN PAUL II'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED, OR AS DECREASES IN NET ASSETS WITH DONOR RESTRICTIONS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES OF LOST OR DESTROYED COLLECTION ITEMS ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. FORM 990, PART VI, SECTION A, LINE 6 THE BOARD OF DIRECTORS OF KNIGHTS OF COLUMBUS, A FRATERNAL BENEFIT ORGANIZATION, ARE THE SUSTAINING MEMBERS OF JOHN PAUL II SHRINE AND INSTITUTE, INC. FORM 990, PART VI, SECTION A, LINE 7A THE SUSTAINING MEMBERS OF JOHN PAUL II SHRINE AND INSTITUTE, INC. ELECT THE BOARD OF GOVERNORS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS DISTRIBUTED TO EACH BOARD MEMBER FOR REVIEW BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS ALL BOARD MEMBERS AND TOP MANAGEMENT OFFICIALS ARE REQUIRED TO FILL OUT A CONFLICT OF INTEREST QUESTIONNAIRE. ALL POTENTIAL ISSUES ARE REVIEWED AND RESOLVED BY THE SECRETARY'S OFFICE IN CONJUNCTION WITH THE CHIEF COMPLIANCE OFFICER AND THE INTERNAL AUDIT DEPARTMENT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE ORGANIZATION'S EMPLOYEES IS DETERMINED BY A COMPENSATION COMMITTEE AND APPROVED BY THE BOARD. KNIGHTS OF COLUMBUS ALSO PROVIDES ADMINISTRATIVE SUPPORT TO ASSIST WITH THE DAY-TO-DAY OPERATIONS WITHOUT CHARGE THROUGH A SUPPORT AGREEMENT. THE COMPENSATION PROCESS AND INDEPENDENT REVIEW WAS PERFORMED BY A RELATED ORGANIZATION, KNIGHTS OF COLUMBUS, A 501(C)(8) ORGANIZATION. KNIGHTS OF COLUMBUS' COMPENSATION PROCESS IS AS FOLLOWS: THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS ENGAGES AN INDEPENDENT COMPENSATION CONSULTANT ON AN ANNUAL BASIS, INCLUDING IN 2024 FOR A REVIEW OF THE REASONABLENESS OF TOTAL COMPENSATION PROVIDED TO SUPREME OFFICERS AND OTHER TOP MANAGEMENT OFFICIALS. THE INDEPENDENT COMPENSATION CONSULTANT USES SURVEY SOURCES THAT THEY HAVE COMPILED PLUS OTHER PUBLISHED SURVEYS TO PRESENT A REPORT OF COMPARABLE MARKET DATA OF TOTAL COMPENSATION FOR EACH MANAGEMENT POSITION. THE EXECUTIVE COMPENSATION COMMITTEE REVIEWS AND DISCUSSES THE COMPARABLE MARKET DATA BEFORE MAKING A RECOMMENDATION TO THE BOARD OF DIRECTORS. AFTER A REVIEW AND DISCUSSION ABOUT THE COMPARABLE MARKET DATA AND THE INDIVIDUALS IN THE ROLES UNDER REVIEW, A VOTE IS TAKEN TO APPROVE A NEW SALARY RANGE AND OBJECTIVE BONUS STRUCTURE FOR THE TOP MANAGEMENT INDIVIDUALS. TOTAL COMPENSATION FOR EACH INDIVIDUAL IS WITHIN THE RANGE APPROVED BY THE BOARD OF DIRECTORS WHICH IS WITHIN THE COMPARABLE MARKET DATA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE PHOTOCOPIED AND MAILED TO INDIVIDUALS OR ORGANIZATIONS UPON REQUEST. FORM 990, SCHEDULE R, PART II, COLUMN D: KNIGHTS OF COLUMBUS CANADA CHARITIES, INC.'S EXEMPT CODE SECTION: CANADA CHARITIES IS EXEMPT FROM FEDERAL TAXATION IN CANADA UNDER PARAGRAPH 149(1)(F) OF THE INCOME TAX ACT AND IS DESIGNATED AS A "PUBLIC FOUNDATION" PER PARAGRAPH 149.1(6.3) OF THE ACT. KNIGHTS OF COLUMBUS ONE COLUMBUS PLAZA NEW HAVEN CT 065103326 060416470 FRATERNAL BENEFIT ORGANIZATION CT 501(C)(8) N/A 0 KNIGHTS OF COLUMBUS CHARITIES USA INC ONE COLUMBUS PLAZA NEW HAVEN CT 065103326 412140273 ESTABLISHED FOR RELIGIOUS, CHARITABLE AND EDUCATIONAL PURPOSES CT 501(C)(3) 12B KNIGHTS OF COLUMBUS 1 THE KNIGHTS OF COLUMBUS MUSEUM INC ONE COLUMBUS PLAZA NEW HAVEN CT 065103326 061590283 OPERATION OF A MUSEUM CT 501(C)(3) 12B KNIGHTS OF COLUMBUS 1 KNIGHTS OF COLUMBUS CHARITIES INC ONE COLUMBUS PLAZA NEW HAVEN CT 065103326 237227608 ESTABLISHED FOR RELIGIOUS, CHARITABLE AND EDUCATIONAL PURPOSES CT 501(C)(3) 7 KNIGHTS OF COLUMBUS 1 KNIGHTS OF COLUMBUS CANADA CHARITIES INC 1843 TRAPPERS AVENUE WINDSOR ONTARIO CA N8P 1T1 ESTABLISHED FOR RELIGIOUS, CHARITABLE AND EDUCATIONAL PURPOSES CA SEE SCHD O KNIGHTS OF COLUMBUS 1 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 KNIGHTS OF COLUMBUS - 501(C)(8) C 10700000 FAIR MARKET VALUE KNIGHTS OF COLUMBUS - 501(C)(8) P 373598 FAIR MARKET VALUE KNIGHTS OF COLUMBUS - 501(C)(8) R 600000 FAIR MARKET VALUE SCHEDULE R, PART V: A DEMAND NOTE PAYABLE TO KNIGHTS OF COLUMBUS AT DECEMBER 31, 2024 AMOUNTED TO $9,000,000. DURING 2024, $3,000,000 OF THIS DEMAND NOTE WAS FORGIVEN, REPORTED AS A CONTRIBUTION AND INCLUDED IN LINE 1C. INTEREST EXPENSE PAID ON THIS DEMAND NOTE IN 2024 WAS $600,000 AND REPORTED IN LINE 1R.