2019-11-15T13:47:26-06:00 2018-12-31 420714325 RSM US LLP 100 INTERNATIONAL DRIVE SUITE 1400 BALTIMORE MD 21202 990 2018-01-01 136068327 COUNCIL ON FOUNDATIONS INC COUN 8006739036 1255 23RD STREET NW NO 200 WASHINGTON DC 20037 KATHLEEN P ENRIGHT PRESIDENT & CEO 8006739036 2019-11-15 1 JULIA FLANNERY CPA P00928918 4102469300 66.98.98.134 2019-11-15 13:20:44 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 4EE6A31F760B3C5EA0809148B0E883CC4242B14C 2018 2020-04-17 16:48:07Z X KATHLEEN P ENRIGHT 1255 23RD STREET NW NO 200 WASHINGTON DC 20037 40014151 0 X WWW.COF.ORG X 1957 NY TO SERVE THE PUBLIC GOOD BY PROMOTING AND ENHANCING RESPONSIBLE AND EFFECTIVE PHILANTHROPY. 13 12 56 12 67599 85868 6241462 29853060 6120142 5182156 313094 747882 728852 901520 13403550 36684618 195133 31000 0 0 6108464 5689542 0 0 252670 7339388 5624316 13642985 11344858 -239435 25339760 11501302 34820853 5018860 3901143 6482442 30919710 TO PROVIDE THE OPPORTUNITY, LEADERSHIP AND TOOLS NEEDED BY PHILANTHROPIC ORGANIZATIONS TO EXPAND, ENHANCE AND SUSTAIN THEIR ABILITY TO ADVANCE THE COMMON GOOD. 0 0 5488177 31000 4694956 MEMBER SERVICES - THE COUNCIL ENSURES THAT FOUNDATIONS ARE CONNECTED TO HIGH-QUALITY SERVICES ACROSS A BROAD RANGE OF NEEDS. TO THIS END, THE COUNCIL HAS BECOME BOTH A DEVELOPER AND GO-TO SOURCE FOR EDUCATIONAL EXPERTISE AND NETWORKING OPPORTUNITIES RELATED TO CORE FIELD-WIDE ISSUES (E.G., EDUCATIONAL EXPERTISE THAT SUPPORTS THE FIELD'S ABILITY TO ACHIEVE STANDARDS OF STRONG GOVERNANCE AND EFFECTIVENESS IN GRANTMAKERS). ADDITIONALLY, THE COUNCIL SEEKS OPPORTUNITIES TO PARTNER WITH THE BROADER NETWORK OF PHILANTHROPIC INFRASTRUCTURE ORGANIZATIONS TO CO-CREATE AND DELIVER HIGH-QUALITY, CO-BRANDED EDUCATIONAL OFFERINGS. 2268116 PUBLIC POLICY - THE COUNCIL IS THE LEADING ADVOCACY ORGANIZATION PROMOTING A POSITIVE VISION FOR PHILANTHROPY, MAKING PHILANTHROPY CONSEQUENTIAL, AND CONVEYING TO INFLUENTIAL PUBLIC LEADERS AND POLICY MAKERS A COMPELLING, CLEAR AGENDA AND CASE FOR ENABLING PHILANTHROPY. THE COUNCIL STRIVES TO ENSURE A POSITIVE LEGISLATIVE AND REGULATORY ENVIRONMENT FOR PHILANTHROPY, AS WELL AS HIGHLIGHT FOR LAWMAKERS THE CRITICAL WORK BEING DONE BY FOUNDATIONS IN COMMUNITIES ACROSS THE COUNTRY. THESE EFFORTS ENTAIL ADVANCING PUBLIC POLICIES ON KEY ISSUES, INCLUDING TAX POLICY. WITH RESPECT TO OUR ADVOCACY EFFORTS, ANY ACTIVITIES THAT MEET THE DEFINITION OF LOBBYING ARE REPORTED ON SUPPLEMENTAL SCHEDULE C. 596727 STRATEGIC COMMUNICATIONS - INCREASE OUTREACH AND COMMUNICATIONS TO MEMBERS, INFRASTRUCTURE PARTNERS, THE FIELD, AND THE MEDIA THROUGH MULTIPLE HIGH-IMPACT COMMUNICATIONS PLATFORMS. THE COUNCIL CAPITALIZES ON 21ST CENTURY TRENDS OF NETWORKING AND KNOWLEDGE MANAGEMENT, INCORPORATING INNOVATIVE USES OF TECHNOLOGY. THIS ENSURES FOUNDATIONS ARE CONNECTED TO ONE ANOTHER (FOR PEER-TO-PEER LEARNING) AND TO EXPERT CONTENT TO ADDRESS THEIR MOST PRESSING NEEDS. 8353020 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 72 0 1 56 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 13 12 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 AL AR CA FL GA IL KS KY MD MA MI MN MS NC NH NJ NM NY OR PA RI SC TN UT VA WV WI X X KATHLEEN P ENRIGHT 8006739036 1255 23RD STREET NW SUITE 200 WASHINGTON DC 20037 JAVIER SOTO CHAIR 8.50 X X 0 0 0 JAMIE MERISOTIS VICE CHAIR 8.50 X X 0 0 0 LINDA P EVANS SECRETARY 8.50 X X 0 0 0 KENNETH M JONES II TREASURER 8.50 X X 0 0 0 TONYA ALLEN DIRECTOR 8.50 X 0 0 0 STEPHANIE BELL-ROSE DIRECTOR 8.50 X 0 0 0 LINDA CHILDEARS DIRECTOR 8.50 X 0 0 0 DINAH DITTMAN DIRECTOR 8.50 X 0 0 0 TONY MESTRES DIRECTOR 8.50 X 0 0 0 KATHLEEN MCLAUGHLIN DIRECTOR 8.50 X 0 0 0 RANDY ROYSTER DIRECTOR 8.50 X 0 0 0 RIDGWAY H WHITE DIRECTOR 8.50 X 0 0 0 VERONIQUE N SPRUILL EX-OFFICIO/PRES & CEO (THRU 6/18) 40.00 X X 205753 0 8838 JULIANNE SOBRAL COO 40.00 X 233397 0 33078 BRIAN CROWE CFO 40.00 X 218571 0 15327 EUGENE COCHRANE INTERIM PRESIDENT & CEO 40.00 X 213479 0 0 SUZANNE FRIDAY VP LEGAL AFFAIRS 40.00 X 187480 0 27700 HADAR SUSSKIND VP POLICY 40.00 X 182148 0 33588 JANELLE BREVARD VP COMMUNICATIONS 40.00 X 160874 0 32081 STEPHANIE POWERS VP POLICY & PARTNERSHIPS 40.00 X 160234 0 17961 RUSSELL BARRATT VP TECHNOLOGY 40.00 X 156694 0 20197 JARED POWELL VP MARKETING 40.00 X 150929 0 15020 NATALIE ROSS VP RESOURCE DEV & STRATEGIC OPP 40.00 X 149649 0 22487 KARON HARDEN VP PROGRAMS AND PEER ENGAGEMENT 40.00 X 147370 0 6370 JUSTIN AIKEN CORPORATE COUNSEL 40.00 X 131854 0 13708 VANITA BHARGAVA SENIOR ADVISOR 40.00 X 128325 0 32103 BRAD WARD LEAD STRATEGIST, COMMUNITY PHILANTHROPY 40.00 X 116285 0 29864 DAVID MESKO FORMER COO 40.00 X 135184 0 0 2678226 0 308322 17 1 1 0 FEDERAL POLICY GROUP LLC 22982 NETWORK PLACE CHICAGO IL 60673 POLICY CONSULTATION 180648 SALLY STERLING EXECUTIVE SEARCH LLC 2102 SMALL STREET ALEXANDRIA VA 22302 STAFFING 164832 WASHINGTON GROUP SOLUTIONS 101 W BROAD ST STE 200 FALLS CHURCH VA 22046 INTERIOR DESIGN 149843 PARTNERS INTERNATIONAL PO BOX 759024 BALTIMORE MD 21275 IT CONSULTANT 146857 RSM US LLP 100 INTERNATIONAL DRIVE SUITE 1400 BALTIMORE MD 21202 ACCOUNTING 115416 6 2122101 27730959 24990078 29853060 MEMBERSHIP DUES 900099 4119270 4119270 CONFERENCE REG. & EXHI 900099 911211 424011 487200 PUBLICATIONS 900099 151675 151675 5182156 191619 191619 570682 0 570682 570682 570682 3885796 3329533 556263 556263 556263 OTHER 900099 273239 10000 263239 WEB ADVERTISING 900099 57599 57599 330838 36684618 4694956 67599 2069003 X 21000 21000 10000 10000 2073350 1525854 486180 61316 2935632 2160439 688377 86816 53122 39094 12457 1571 272622 200633 63927 8062 354816 261122 83201 10493 151245 54465 96780 97916 97916 56000 56000 41519 41519 1261396 933429 312625 15342 332280 315584 16505 191 203243 110466 89519 3258 473670 341208 126860 5602 1374445 1011795 322036 40614 379505 297749 76149 5607 557766 492088 65060 618 247636 182245 58068 7323 89771 66410 20745 2616 AUTHORS AND SPEAKERS 137578 137578 PUBLICATIONS, DUES & RE 107306 54399 52898 9 BANK AND OTHER PROCESSI 85407 62955 19938 2514 TAXES, REG. & FEES 27633 18507 8408 718 11344858 8353020 2739168 252670 500 500 528829 3159260 1569962 1243704 127523 225074 526983 430729 3189603 2821888 578338 367715 3245765 3608323 4144483 24990078 778919 795470 11501302 34820853 665266 434451 981178 2732425 1767754 1604662 734267 5018860 3901143 X 3759585 3517763 2524252 0 198605 27401947 6482442 30919710 11501302 34820853 25339760 -902492 0 X X 0 1 X 1 0 X 5656048 5984811 4789838 6241462 4862982 27535141 5656048 5984811 4789838 6241462 4862982 27535141 3730123 23805018 557787 864689 781662 739540 762301 3705979 39506 29388 35422 24222 26998 155536 97461 96137 86481 100571 263239 643889 32040545 32478633 0.74300 0.79070 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2014 AMOUNT: $ 97,461. 2015 AMOUNT: $ 96,137. 2016 AMOUNT: $ 86,481. 2017 AMOUNT: $ 100,571. 2018 AMOUNT: $ 263,239. SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: SHARES OF NORWEST VENTURE PARTNERS FVCI-MAURITIUS DATE: 06/06/18 AMOUNT: 24990078. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 502 57199 57701 11287157 11344858 717243 179311 0 0 860329 865498 830665 717243 3273735 4910603 80798 75185 68095 57701 281779 215082 216375 207666 179311 818434 1227651 8046 2569 702 502 11819 315776 -20009 10000 285767 287814 37962 10000 315776 274860 22954 10000 287814 281248 -6388 274860 281776 10223 10751 281248 0.00000 0.69500 0.30500 0 0 1285232 1192108 93124 1904371 1629780 274591 367715 INVESTMENT IN CORPORATE ENTITY 24990078 F 24990078 DEFERRED RENT AND CONSTRUCTION ALLOWANCE 75428 DEPOSITS 120094 ACCRUED DISPOSAL LOSS 206764 DEFERRED COMPENSATION LIABILITY 331981 734267 X PART V, LINE 4: THE TEMPORARILY RESTRICTED EARNINGS ON THIS AWARD ARE USED TO PRESENT THE SCRIVNER AWARD. THIS AWARD, ESTABLISED IN 1985 RECOGNIZES A GRANTMAKER WHO HAS DEMONSTRATED OUTSTANDING CREATIVITY. PART X, LINE 2: THE COUNCIL IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC. IN ADDITION, THE COUNCIL QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME THAT IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. MANAGEMENT EVALUATED THE COUNCIL'S TAX POSITION AND CONCLUDED THAT THE COUNCIL HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS. FOR THE YEARS ENDED DECEMBER 31, 2018 AND 2017, NO PROVISION FOR INCOME TAXES WAS MADE FOR THE COUNCIL, AS THE ORGANIZATION HAD NO SIGNIFICANT NET UNRELATED BUSINESS INCOME AND DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE COUNCIL FILES INCOME TAX RETURNS IN THE U.S. FEDERAL AND VIRGINIA JURISDICTIONS. THE COUNCIL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2015. NORTH AMERICA 0 0 PROGRAM SERVICE THE NORTH AMERICA COMMUNITY FOUNDATION SUMMIT 4135 SUB-SAHARAN AFRICA 0 0 INVESTMENTS 24990078 EUROPE 0 0 PROGRAM SERVICE ALL GLOBAL WINGS MEETINGS 2598 0 0 0 0 0 0 24996811 0 24996811 0 0 1 0 0 0 1 GEORGETOWN UNIVERSITY 2115 WISCONSIN AVE NW WASHINGTON DC 20007 530196603 501(C)(3) 20000 NONPROFIT GOVERNANCE LEGAL EDUCATION PROGRAM 1 SCRIVNER GRANT 1 10000 PART I, LINE 2: THE ROBERT W. SCRIVNER AWARD FOR CREATIVE GRANTMAKING WAS ESTABLISHED IN 1985 TO RECOGNIZE A GRANTMAKER WHO HAS DEMONSTRATED OUTSTANDING CREATIVITY. IT HONORS GRANTMAKERS WHO, WITH A COMBINATION OF VISION, PRINCIPLE AND PERSONAL COMMITMENT, ARE MAKING A CRITICAL DIFFERENCE IN A CREATIVE WAY. THE AWARD WAS CREATED AS A MEMORIAL TO THE LATE ROBERT WINSTON SCRIVNER, FORMER STAFF ASSOCIATE OF THE ROCKEFELLER BROTHERS FUND AND FIRST EXECUTIVE DIRECTOR OF THE ROCKEFELLER FAMILY FUND, BY A NUMBER OF HIS FRIENDS AND COLLEAGUES. IN ACCORDANCE WITH THE WISHES OF THE DONORS, THE COUNCIL ON FOUNDATIONS ADMINISTERS THE AWARD PROGRAM. A SELECTION TASK FORCE CAREFULLY REVIEWS EACH NOMINATION AND DETERMINES THE AWARD WINNER BASED ON OBJECTIVE AND NON-DISCRIMINATORY CRITERIA. FROM TIME TO TIME, THE COUNCIL GRANTS DOLLARS TO ORGANIZATIONS WHO SHARE PROGRAM ALIGNMENT TO LEVERAGE RESOURCES TOWARD THE COMPLETION OF THE SECTORS WORK. EACH RECIPIENT IS CAREFULLY DETERMINED BASED ON OBJECTIVE AND NON-DISCRIMINATORY CRITERIA. THE PROGRESS OF DELIVERABLES IS MONITORED THROUGHOUT THE GRANT TIMELINE AND FINANCIAL AND/OR NARRATIVE REPORTS MAY BE REQUESTED. X X X X X 1 1 0 0 0 0 0 1 0 VERONIQUE N SPRUILL EX-OFFICIO/PRES & CEO (THRU 6/18) 182985 0 12000 0 10768 0 8838 0 0 0 214591 0 0 0 JULIANNE SOBRAL COO 225733 0 7200 0 464 0 8372 0 24706 0 266475 0 0 0 BRIAN CROWE CFO 211711 0 5700 0 1160 0 6863 0 8464 0 233898 0 0 0 EUGENE COCHRANE INTERIM PRESIDENT & CEO 203817 0 0 0 9662 0 0 0 0 0 213479 0 0 0 SUZANNE FRIDAY VP LEGAL AFFAIRS 181333 0 5251 0 896 0 7863 0 19837 0 215180 0 0 0 HADAR SUSSKIND VP POLICY 176170 0 5400 0 578 0 7824 0 25764 0 215736 0 0 0 JANELLE BREVARD VP COMMUNICATIONS 155571 0 4800 0 503 0 6317 0 25764 0 192955 0 0 0 STEPHANIE POWERS VP POLICY & PARTNERSHIPS 151560 0 4611 0 4063 0 6607 0 11354 0 178195 0 0 0 RUSSELL BARRATT VP TECHNOLOGY 151576 0 4635 0 483 0 0 0 20197 0 176891 0 0 0 JARED POWELL VP MARKETING 147029 0 3600 0 300 0 6316 0 8704 0 165949 0 0 0 NATALIE ROSS VP RESOURCE DEV & STRATEGIC OPP 144909 0 4500 0 240 0 6450 0 16037 0 172136 0 0 0 KARON HARDEN VP PROGRAMS AND PEER ENGAGEMENT 143500 0 3600 0 270 0 1370 0 5000 0 153740 0 0 0 VANITA BHARGAVA SENIOR ADVISOR 123879 0 4050 0 396 0 4699 0 27404 0 160428 0 0 0 DAVID MESKO FORMER COO 0 0 7650 0 127534 0 0 0 0 0 135184 0 0 0 PART I, LINES 4A-B MR. MESKO RECEIVED A SEVERANCE PAYMENT DURING THE CALENDAR YEAR. THE PAYMENT IS INCLUDED IN PART VII, COLUMN D AND SCHEDULE J, PART II, COLUMN BIII. THE TERMS AND CONDITIONS OF THE CONFIDENTIAL AGREEMENT ARE AVAILABLE TO THE INTERNAL REVENUE SERVICE UPON REQUEST. THE COUNCIL ON FOUNDATIONS HAS A 457(F) NONQUALIFIED PLAN FOR THE PRESIDENT & CEO. THERE WERE NO CONTRIBUTIONS OR PAYOUTS DURING 2018. PART I, LINE 7 THE BONUSES ARE NON-FIXED PAYMENTS. SOME EMPLOYEES RECEIVED DISCRETIONARY BONUSES DURING THE YEAR. X 1 24990078 FMV 0 0 0 FORM 990, PART I, LINE 1 AT THE COUNCIL ON FOUNDATIONS, WE ARE HOLDING TRUE TO THE IDEALS THAT HAVE GUIDED THIS ORGANIZATION AND OUR MEMBERS WHILE, AT THE SAME TIME, POSITIONING THE COUNCIL FOR THE FUTURE. THE COUNCIL WORKS TO CREATE A FINANCIALLY SOUND ORGANIZATION BY MAINTAINING A STRONG BALANCE SHEET WHILE MAKING INVESTMENTS IN ITS FUTURE. AS A RESULT, THE COUNCIL IS WELL-POSITIONED FOR CONTINUED INVESTMENT AND GROWTH. THE COUNCIL HAS FOCUSED ON STRENGTHENING THE FUNDAMENTALS OF ITS WORK, BRINGING STRENGTH IN ITS OFFERINGS AND SERVICES TO MEMBERS VIA STAFF EXPERTS WHO COMPRISE THE MEMBER RELATIONS TEAM, THROUGH SOCIAL MEDIA, THROUGH ITS KNOWLEDGE CENTER, THROUGH ITS LEGAL & POLICY ENGAGEMENT, AND THROUGH RESEARCH. ACROSS THE ORGANIZATION, THE COUNCIL HAS WORKED TO CREATE A CULTURE CENTERED AROUND ITS MEMBERS. IN WAYS BIG AND SMALL, THE COUNCIL HAS INVESTED IN MEMBER SATISFACTION. IT CONTINUES TO PROVIDE MANY OF THE KEY SERVICES THAT MEMBERS HAVE FOUND VALUABLE FOR DECADES. EXAMPLES INCLUDE: - THE COUNCIL CONTINUES TO LEAD THE PUBLIC CONVERSATION ABOUT THE IMPORTANCE OF PHILANTHROPIC ORGANIZATIONS, ABOUT GIVING VEHICLES, AND ABOUT CHARITABLE GIVING INCENTIVES. - THE COUNCIL IS CONTINUING TO STRENGTHEN ITS PUBLIC POLICY AND LEGAL AFFAIRS WORK -- AN ESTABLISHED CENTERPIECE OF THE COUNCIL. THE COUNCIL HAS INCREASED ITS CAPACITY TO ASSIST ITS MEMBERS IN INTERPRETING THE LAW, PROMOTING A FAVORABLE ATMOSPHERE FOR PHILANTHROPY, ADVOCATING ON THE FIELD'S BEHALF, ADVANCING SOUND LEGISLATION, AND FOSTERING GOOD TAX POLICY FOR PHILANTHROPY. WE HAVE DONE THIS WITH THE ADDITION OF NEW ATTORNEYS, POLICY STRATEGISTS, AND PARTNERSHIPS. - THE COUNCIL CONTINUES TO EDUCATE LAWMAKERS AND THE PUBLIC ABOUT THE ROLE OF PHILANTHROPY IN IMPROVING SOCIETY THROUGH IN-PERSON BRIEFINGS, MEMBER MOBILIZATION, AND THE MEDIA. - SUPPLEMENTING ITS LARGE LEADING TOGETHER CONFERENCE WITH A NUMBER OF SMALLER, MORE FOCUSED GATHERINGS THROUGHOUT THE YEAR. - SURVEYS AND RESEARCH, LIKE OUR SALARY AND BENEFITS REPORT AND BENCHMARKING STUDY OF COMMUNITY FOUNDATIONS, WILL EQUIP MEMBERS WITH THE INFORMATION THEY NEED AND HELP THEM LOOK AT FUTURE TRENDS TO HELP THEM PLAN AND STRATEGIZE. FORM 990, PART VI, SECTION A, LINE 6 THE COUNCIL HAS TWO CLASSES OF MEMBERSHIP WHICH ARE VOTING MEMBERS AND ASSOCIATE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A EACH VOTING MEMBER WHO IS IN GOOD STANDING 50 DAYS BEFORE A MEETING OF THE COUNCIL QUALIFIES AS A MEMBER OF RECORD FOR THAT MEETING, AND SHALL BE ENTITLED TO ONE VOTE AT SUCH MEETING. DIRECTORS ARE ELECTED BY THE MEMBERS. APPROXIMATELY ONE-THIRD OF THE DIRECTORS (OTHER THAN EX-OFFICIO BOARD MEMBERS) SHALL BE ELECTED EACH YEAR TO SERVE FOR THREE YEARS. THE ELECTION OF DIRECTORS SHALL TAKE PLACE AT THE ANNUAL MEETING OF THE MEMBERS, OR AT A SPECIAL MEETING CALLED FOR THAT PURPOSE. THE ELECTION OF DIRECTORS SHALL BE BY VOICE VOTE WITH A PROVISION THAT VOTING MEMBERS MAY SUBMIT A PROXY FOR THIS PURPOSE. DIRECTORS SHALL BE ELECTED BY A PLURALITY OF THE VOTES CAST AT A MEETING OF THE MEMBERS ENTITLED TO VOTE IN THE ELECTION. FORM 990, PART VI, SECTION A, LINE 7B UNDER NEW YORK STATE LAW, VOTING MEMBERS OF THE COUNCIL HAVE THE RIGHT TO APPROVE ANY PLAN OF MERGER OR CONSOLIDATION AND/OR PLAN FOR DISSOLUTION AND DISTRIBUTION OF ASSETS. FORM 990, PART VI, SECTION B, LINE 11B ALL FINANCIAL AND NARRATIVE INFORMATION IN THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE AND EXECUTIVE LEADERSHIP STAFF INCLUDING, BUT NOT LIMITED TO: THE PRESIDENT AND CEO, CHIEF OPERATIONS OFFICER, CHIEF FINANCIAL OFFICER AND LEGAL COUNSEL. FORM 990, PART VI, SECTION B, LINE 12C COUNCIL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES MUST ANNUALLY DISCLOSE, IN FULL, THE NAME OF EACH BUSINESS OR NONPROFIT ORGANIZATION THAT HAS OR REASONABLY EXPECTS TO HAVE ANY MATERIAL INTEREST IN ANY PROPOSED OR EXISTING CONTRACT, TRANSACTION OR ARRANGEMENT WITH THE COUNCIL ON FOUNDATIONS AND IN WHICH HE/SHE, HIS/HER SPOUSE OR ANY MEMBER OF THEIR IMMEDIATE FAMILY IS A MEMBER, DIRECTOR, OFFICER, EMPLOYER OR PARTNER. THE COUNCIL'S CONFLICT OF INTEREST POLICY FOR BOARD AND STAFF, WHICH ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES RECEIVE, PROVIDES THAT BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES HAVE A CONTINUING OBLIGATION TO REPORT CONFLICTS AND MUST PROMPTLY REPORT ANY CONFLICT THAT HAS NOT PREVIOUSLY BEEN REPORTED. BOARD MEMBERS THAT ARE DEEMED TO HAVE A CONFLICT OF INTEREST BASED ON THE ABOVE PROCESSES MUST ABSTAIN FROM PARTICIPATING IN THE DISCUSSION AND VOTE ON ANY TRANSACTION OR ITEM WHEREIN A CONFLICT EXISTS. OFFICERS AND KEY EMPLOYEES ARE NOT PERMITTED TO PARTICIPATE IN A DECISION REGARDING WHICH THEY HAVE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE COUNCIL CONTRACTS WITH AN INDEPENDENT CONSULTING FIRM EXPERIENCED IN EXECUTIVE COMPENSATION EVERY TWO YEARS TO CONDUCT A MARKET ANALYSIS, AND MAKE RECOMMENDATIONS REGARDING ANY COMPENSATION ADJUSTMENTS FOR THE CEO. THE CONSULTANT'S RECOMMENDATIONS ARE THEN PRESENTED TO THE GOVERNANCE COMMITTEE FOR REVIEW. THE PRESIDENT/CEO DOES NOT PARTICIPATE IN THIS REVIEW AND ABSTAINS FROM THIS MEETING OF THE GOVERNANCE COMMITTEE. AFTER THOROUGH REVIEW OF THE CONSULTANT'S RECOMMENDATIONS AND OTHER RELEVANT INFORMATION INCLUDING PERFORMANCE REVIEWS, THE GOVERNANCE COMMITTEE RECOMMENDS THE COMPENSATION FOR THE PRESIDENT AND CEO TO THE FULL BOARD WHICH DETERMINES THE FINAL COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE COUNCIL'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND THE FEDERAL FORM 990 ARE AVAILABLE ON THE COUNCIL'S WEBSITE AND UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE IS CHAIRED BY THE BOARD CHAIR AND COMPOSED OF SEVEN TO ELEVEN DIRECTORS, INCLUDING THE BOARD OFFICERS, AS WELL AS THE CHAIRS OF THE REMAINING COMMITTEES OF THE BOARD, PLUS SUCH OTHER DIRECTORS APPOINTED BY THE BOARD CHAIR, IN CONSULTATION WITH THE PRESIDENT AND CEO, AND APPROVED BY THE BOARD. IN ADDITION, THE PRESIDENT AND CEO SERVES ON THE COMMITTEE AS EX-OFFICIO WITHOUT A VOTE. ALL OF THE MEMBERS OF THE EXECUTIVE COMMITTEE ARE ON THE GOVERNING BODY OF THE BOARD OF DIRECTORS OF THE COUNCIL ON FOUNDATIONS. THE EXECUTIVE COMMITTEE OR A SUBSET OF THE EXECUTIVE COMMITTEE HAS THE FOLLOWING RESPONSIBILITIES AS LISTED IN THE EXECUTIVE COMMITTEE CHARTER: - ACTS AS A LIAISON TO THE PRESIDENT AND CEO, PROVIDING COUNSEL, FEEDBACK AND SUPPORT AND, TOGETHER WITH THE PRESIDENT AND CEO, ESTABLISHES THE CHIEF EXECUTIVE'S GOALS FOR THE FOLLOWING YEAR. - ENSURES DEVELOPMENT AND IMPLEMENTATION OF A STRATEGIC PLAN AND ITS ALIGNMENT WITH THE OPERATING BUDGET. - RESOLVES URGENT AND SENSITIVE ISSUES WHEN NEEDED BETWEEN FULL BOARD MEETINGS, IN CONJUNCTION WITH THE PRESIDENT AND CEO. - ANNUALLY FACILITATES AN ASSESSMENT OF THE PRESIDENT AND CEO'S PERFORMANCE AND COMPENSATION, AND PRESENTS RECOMMENDATIONS TO THE FULL BOARD. AS SPECIFIED IN THE BYLAWS OF THE COUNCIL ON FOUNDATIONS, THE EXECUTIVE COMMITTEE CANNOT AMEND BYLAWS, ELECT OR REMOVE BOARD MEMBERS, HIRE OR FIRE THE CHIEF EXECUTIVE, APPROVE THE CHIEF EXECUTIVE'S COMPENSATION, APPROVE OR CHANGE THE AUDIT OR ANNUAL BUDGET, OR CHANGE THE STRUCTURE OF THE BOARD OR THE ORGANIZATION. ALL OF THESE POLICY DECISIONS MUST BE CONSIDERED AND APPROVED BY THE FULL BOARD OF DIRECTORS. FORM 990, PART IX, LINE 11G CONSULTANTS AND CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 933,429. MANAGEMENT AND GENERAL EXPENSES 312,625. FUNDRAISING EXPENSES 15,342. TOTAL EXPENSES 1,261,396. FORM 990, PART XII, LINE 2C THE PROCESS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS HAS BEEN CONSISTENT WITH PRIOR YEARS. COMMUNITY FOUNDATIONS NATIONAL STANDARDS BOARD 1255 23RD STREET NW WASHINGTON DC 20037 270448505 ADMINISTER THE NATIONAL STANDARDS ACCREDITATION PROCESS VA 501(C)(3) LINE 12A, I COUNCIL ON FOUNDATIONS INC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 COMMUNITY FOUNDATIONS NATIONAL STANDARDS BOARD R 80694 FAIR MARKET VALUE COMMUNITY FOUNDATIONS NATIONAL STANDARDS BOARD O 112627 FAIR MARKET VALUE COMMUNITY FOUNDATIONS NATIONAL STANDARDS BOARD Q 40840 FAIR MARKET VALUE