2019-11-14T14:27:34-06:00 2019-06-30 420714325 RSM US LLP 1 S WACKER DRIVE STE 800 CHICAGO IL 60606 990 2018-07-01 362384321 AMERICAN BAR ENDOWMENT AMER 3129886400 321 N CLARK STREET CHICAGO IL 606547648 JOANNE MARTIN EXECUTIVE DIRECTOR 3129886400 2019-11-11 1 REBEKUH ELEY P01247672 3126343400 66.98.98.134 2019-11-11 13:51:21 CS P 2A28FA2E2A09A40AF4F0A751499BE74D16D20E85 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2018 2020-03-31 21:24:44Z JOANNE MARTIN 321 N CLARK STREET CHICAGO IL 606547648 26562833 0 X WWW.ABENDOWMENT.ORG X 1942 IL THE CORPORATION'S PURPOSES ARE TO ADVANCE LEGAL STUDY AND RESEARCH TO PROMOTE THE ADMINISTRATION OF JUSTICE AND UNIFORMITY OF JUDICIAL DECISION THROUGHOUT THE UNITED STATES. 14 14 14 14 211039 155402 8435636 6581077 0 0 6484032 5160973 211394 212378 15131062 11954428 7265538 7066894 0 0 1743234 1618657 0 0 52199 2316297 2600043 11325069 11285594 3805993 668834 152599343 157016269 13272516 22156474 139326827 134859795 THE CORPORATION'S PURPOSES ARE TO ADVANCE LEGAL STUDY AND RESEARCH TO PROMOTE THE ADMINISTRATION OF JUSTICE AND UNIFORMITY OF JUDICIAL DECISION THROUGHOUT THE UNITED STATES. 0 0 7066894 7066894 1339 UNRESTRICTED GRANTS TO THE AMERICAN BAR FOUNDATION AND THE FUND FOR JUSTICE AND EDUCATION IN SUPPORT OF OVER 200 LAW-RELATED RESEARCH, EDUCATION, AND PUBLIC SERVICE PROGRAMS AND PROJECTS. ALSO OPPORTUNITY GRANTS TO A NUMBER OF PRIMARILY COMMUNITY-BASED 501(C)(3) LEGAL SERVICE PROVIDERS. 2111723 INSURANCE PROGRAMS OPERATED TO PRODUCE CONTRIBUTIONS. 9178617 1 0 0 0 0 1 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 11 0 1 14 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 AL AR CA CT IL KS MA MI MN MS NH NJ NY NC ND OK OR PA TN UT VA WI X X GARY KARLOWICZ 3129886400 321 N CLARK STREET CHICAGO IL 606547648 X MARTHA W BARNETT DIRECTOR (UNTIL 8/18) 5.00 0.00 X 0 0 0 HILARIE BASS EX-OFFICIO (AS OF 8/18) 5.00 0.00 X 0 0 0 MICHELLE A BEHNKE EX-OFFICIO 5.00 0.00 X 0 0 0 PAMELA A BRESNAHAN DIRECTOR 5.00 0.00 X 0 0 0 ROBERT M CARLSON EX-OFFICIO (UNTIL 8/18) 5.00 0.00 X 0 0 0 JONATHAN COLE DIRECTOR 5.00 0.00 X 0 0 0 MICHAEL E FLOWERS DIRECTOR (AS OF 8/18) 5.00 0.00 X 0 0 0 CHRISTOPHER L GRIFFIN DIRECTOR 5.00 0.00 X 0 0 0 LORA J LIVINGSTON DIRECTOR 5.00 0.00 X 0 0 0 J ANTHONY PATTERSON JR DIRECTOR 5.00 0.00 X 0 0 0 LUCIAN T PERA DIRECTOR 5.00 0.00 X 0 0 0 TOMMY D PRESTON JR YLD LIAISON (AS OF 8/18) 5.00 0.00 X 0 0 0 PALMER GENE VANCE II DIRECTOR 5.00 0.00 X 0 0 0 STEPHEN N ZACK PRESIDENT 20.00 0.00 X X 0 0 0 CAROLYN B LAMM VICE PRESIDENT 10.00 0.00 X X 0 0 0 JAMES A WYNN JR TREASURER 5.00 0.00 X X 0 0 0 HOWARD H VOGEL SECRETARY 5.00 0.00 X X 0 0 0 JOANNE MARTIN EXECUTIVE DIRECTOR 37.50 0.00 X 263281 0 41532 263281 0 41532 1 0 1 0 STOW ENTERPRISES INC 2058 HIGHBURY LANE AURORA IL 60502 PRINTING & MAILING SERVICES 447607 SASS ADVISORS 12 W PARKWAY PLACE HOLMDEL NJ 07733 CONSULTING SERVICES 168000 THE MONTGOMERY STRATEGIES GROUP LLC 5711 OGDEN ROAD BETHESDA MD 20816 CONSULTING SERVICES 136204 ERNST & YOUNG LLP 155 N WACKER DRIVE CHICAGO IL 60606 AUDITING SERVICES 106261 4 6581077 6581077 3512027 3512027 16257351 14608405 1648946 1648946 1648946 COST SHARING WITH ALIP 900099 191783 191783 SERVICES TO ALIP 900099 19256 19256 ALL OTHER REVENUE 900099 1339 1339 212378 11954428 1339 211039 5160973 7066894 7066894 292412 139773 152639 825715 386919 422535 16261 246138 246138 181667 85451 93318 2898 72725 34127 37268 1330 85000 85000 14611 14611 63130 63130 25425 25425 168113 168113 845761 830697 15064 220132 109760 98538 11834 43583 39103 4480 579451 276978 302473 5723 5723 196725 196725 26759 12791 13968 45135 45135 INSURANCE PREMIUMS PAID 22186668 22186668 TAXES CURRENT YEAR 64041 64041 RENAISSANCE 4812 4812 INSURANCE PREMIUMS RECV -21993506 -21993506 18480 2962 15518 11285594 9178617 2054778 52199 5799373 8179948 144591 135161 32499 44639 542186 508981 49772 33205 146015230 147864083 314250 442293 243628 316940 152599343 157016269 10695013 12866115 6483038 2577503 2807321 13272516 22156474 X 135845407 132347620 0 0 3481420 2512175 139326827 134859795 152599343 157016269 X 668834 1955124 -7090990 0 X 0 1 X 1 0 X 5500349 6179781 7181960 8435636 6581077 33878803 5500349 6179781 7181960 8435636 6581077 33878803 33878803 2799000 3053606 2819946 3289351 3512027 15473930 158149 246280 132804 157154 156402 850789 201854 192436 212158 1118 1339 608905 50812427 0.66670 0.68450 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: ALL OTHER REVENUE - 2014 AMOUNT: $ 201,854. 2015 AMOUNT: $ 192,436. 2016 AMOUNT: $ 212,158. 2017 AMOUNT: $ 1,118. 2018 AMOUNT: $ 1,339. 23 93500 156619 861327 1 1 129688177 3349 4294806 133986332 120783926 2017296 6886955 129688177 110066051 5542 10712333 120783926 113229733 10636 -3174318 110066051 111485310 5212 1739211 113229733 0.98130 0.01870 0.00000 0 0 542186 508981 33205 33205 ALLOWANCE FOR REFUNDS OF DIVIDENDS 1842457 PENSION LIABILITY 964864 2807321 X PART V, LINE 4: THE ORGANIZATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, LITERARY, RELIGIOUS AND SCIENTIFIC PURPOSES INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS FROM THE ENDOWMENT FUNDS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3). WITHIN THE FOREGOING, THE CORPORATION'S PURPOSES IN PART ARE TO ADVANCE LEGAL STUDY AND RESEARCH AND TO PROMOTE THE ADMINISTRATION OF JUSTICE AND UNIFORMITY OF JUDICIAL DECISION THROUGHOUT THE UNITED STATES. PART X, LINE 2: THE ENDOWMENT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ENDOWMENT'S TAX-EXEMPT PURPOSES IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE ENDOWMENT FOLLOWS THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ENDOWMENT MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ENDOWMENT AND POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES DURING THE REPORTING PERIODS COVERED BY THESE CONSOLIDATED FINANCIAL STATEMENTS. THE ENDOWMENT FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF ILLINOIS. 1 ABA FUND FOR JUSTICE & EDUCATION 321 N CLARK STREET CHICAGO IL 60654 366110299 501(C) (3) 3393769 UNRESTRICTED, SUPPORTS LAW-RELATED PROJECTS AND PROGRAMS AMERICAN BAR FOUNDATION 750 N LAKE SHORE DRIVE CHICAGO IL 60611 366110271 501(C) (3) 3243269 UNRESTRICTED, SUPPORTS LAW-RELATED RESEARCH FOUNDATION FOR BALTIMORE COUNTY PUBLIC LIBRARY INC 320 YORK ROAD TOWSON MD 21204 521695801 501(C) (3) 50000 RESTRICTED TO SUPPORTING OPPORTUNITY GRANT PROPOSED PROJECTS PROVIDING LEGAL SERVICES TO UNDERSERVED COMMUNITIES LEGAL SERVICES OF THE VIRGIN ISLANDS INC 3017 ESTATE ORANGE GROVE CHRISTIANSTED ST CROIX VI 00820 670254654 501(C) (3) 39712 RESTRICTED TO SUPPORTING OPPORTUNITY GRANT PROPOSED PROJECTS PROVIDING LEGAL SERVICES TO UNDERSERVED COMMUNITIES ILLINOIS LEGAL AID ONLINE 120 S LASALLE STREET SUITE 900 CHICAGO IL 60603 202917133 501(C) (3) 30000 RESTRICTED TO SUPPORTING OPPORTUNITY GRANT PROPOSED PROJECTS PROVIDING LEGAL SERVICES TO UNDERSERVED COMMUNITIES PUERTO RICO LEGAL SERVICES INC PO BOX 9134 SAN JUAN PR 00908 660265391 501(C) (3) 25210 RESTRICTED TO SUPPORTING OPPORTUNITY GRANT PROPOSED PROJECTS PROVIDING LEGAL SERVICES TO UNDERSERVED COMMUNITIES ART INSTITUTE OF CHICAGO 111 S MICHIGAN AVENUE CHICAGO IL 60603 362167725 501(C) (3) 25000 DONOR RECOMMENDED IN RESPONSE TO FUND RAISING APPEALS DC BAR PRO BONO CENTER 901 4TH STREET NW WASHINGTON DC 20001 521574217 501(C) (3) 25000 RESTRICTED TO SUPPORTING OPPORTUNITY GRANT PROPOSED PROJECTS PROVIDING LEGAL SERVICES TO UNDERSERVED COMMUNITIES PROTECT OUR DEFENDERS 8000 WESTPARK DRIVE SUITE 410 MCLEAN VA 22102 454044997 501(C) (3) 25000 RESTRICTED TO SUPPORTING OPPORTUNITY GRANT PROPOSED PROJECTS PROVIDING LEGAL SERVICES TO UNDERSERVED COMMUNITIES CYSTIC FIBROSIS FOUNDATION - MD CHAPTER 10626 YORK ROAD COCKEYSVILLE MD 21030 526019357 501(C) (3) 20000 DONOR RECOMMENDED IN RESPONSE TO FUND RAISING APPEALS IOWA LEGAL AID 1111 9TH STREET DES MOINES IA 50314 421079227 501(C) (3) 20000 RESTRICTED TO SUPPORTING OPPORTUNITY GRANT PROPOSED PROJECTS PROVIDING LEGAL SERVICES TO UNDERSERVED COMMUNITIES MOUNT VERNON LADIES ASSOCIATION OF THE UNION PO BOX 110 MOUNT VERNON VA 22121 540564701 501(C) (3) 20000 DONOR RECOMMENDED IN RESPONSE TO FUND RAISING APPEALS BLUE EARTH ALLIANCE - LIVING WITH CONVICTION 1300 N NORTHLAKE WAY SUITE 200 SEATTLE WA 98103 911682270 501(C) (3) 18694 RESTRICTED TO SUPPORTING OPPORTUNITY GRANT PROPOSED PROJECTS PROVIDING LEGAL SERVICES TO UNDERSERVED COMMUNITIES SPOKANE COUNTY BAR ASSOCIATION VOLUNTEER LAWYERS PROGRAM 1116 WEST BROADWAY AVENUE SPOKANE WA 99260 911672289 501(C) (3) 17000 RESTRICTED TO SUPPORTING OPPORTUNITY GRANT PROPOSED PROJECTS PROVIDING LEGAL SERVICES TO UNDERSERVED COMMUNITIES CASAGAL PROGRAM OF SUMMIT COUNTY 650 DAN STREET AKRON OH 44310 341856268 501(C) (3) 13100 RESTRICTED TO SUPPORTING OPPORTUNITY GRANT PROPOSED PROJECTS PROVIDING LEGAL SERVICES TO UNDERSERVED COMMUNITIES POLISH LEGION AMERICAN VETERANS PULASKI POST 30 1041 STARKWEATHER AVENUE CLEVELAND OH 44113 340674165 501(C) (3) 10000 DONOR RECOMMENDED IN RESPONSE TO FUND RAISING APPEALS UNIVERSITY OF SOUTH DAKOTA LAW SCHOOL FOUNDATION 414 E CLARK STREET VERMILLION SD 57069 466015500 501(C) (3) 6493 DONOR RECOMMENDED IN RESPONSE TO FUND RAISING APPEALS 17 0 PART I, LINE 2: THE ABE RECEIVES QUARTERLY WRITTEN REPORTS AND ORAL PRESENTATIONS FROM OUR PRINCIPAL GRANTEES AT ABE BOARD MEETINGS WITH REGARD TO THE PROPOSED AND ACTUAL USE OF GRANT FUNDS. ABE ALSO RECEIVES ANNUAL FINANCIAL REPORTS FROM THE PRINCIPAL GRANTEES. X X X 0 0 0 0 0 0 0 1 0 JOANNE MARTIN EXECUTIVE DIRECTOR 252592 0 10000 0 689 0 30179 0 11353 0 304813 0 0 0 PART I, LINE 7 THE ORGANIZATION APPROVED DISCRETIONARY NON-FIXED PAYMENTS TO THE EXECUTIVE DIRECTOR BY BOARD VOTE. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE ABE ARE THE PERSONS WHO CONSTITUTE THE MEMBERS IN GOOD STANDING OF THE AMERICAN BAR ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7A ANNUALLY, TWO OF THE ELECTED MEMBERS OF THE ABE BOARD ARE ELECTED BY THE MEMBERS OF THE ABE TO HOLD OFFICE FOR A TERM OF FIVE YEARS. TWO OTHER MEMBERS OF THE BOARD ARE APPOINTED ANNUALLY BY THE ABA'S BOARD OF GOVERNORS FOR A TERM OF ONE YEAR. FORM 990, PART VI, SECTION A, LINE 7B AMENDMENTS TO THE BYLAWS OF THE ABE MUST BE APPROVED BY A MAJORITY VOTE OF THE MEMBERS OF THE ABE PRESENT AT ANY ANNUAL MEETING OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS SENT TO ALL THE MEMBERS OF THE BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ALL ABE BOARD MEMBERS MUST ANNUALLY COMPLETE A CONFLICTS OF INTEREST QUESTIONNAIRE. ALL COMPLETED QUESTIONNAIRES ARE REVIEWED BY THE FULL BOARD OF DIRECTORS. SHOULD A POTENTIAL CONFLICT ARISE, THE BOARD REVIEWS THE INDIVIDUAL INSTANCE FOR MATERIALITY AND THE NEED FOR, OR NATURE OF CURE. PRIOR TO ELECTION TO THE BOARD, CONFLICTS CHECKS ARE CONDUCTED BY THE LAW FIRMS OF THE POTENTIAL BOARD MEMBERS. (ALL MEMBERS OF THE BOARD ARE LAWYERS.) FORM 990, PART VI, SECTION C, LINE 19 ABE'S ANNUAL REPORT, INCLUDING FINANCIALS, IS POSTED ON ITS WEBSITE (WWW.ABENDOWMENT.ORG) AND IS PUBLISHED IN THE NOVEMBER ISSUE OF THE ABA JOURNAL. THE 990'S ARE AVAILABLE ON GUIDESTAR AND ARE ON FILE WITH THE VARIOUS STATES WHERE THE ORGANIZATION IS REGISTERED. OTHER CORPORATE DOCUMENTS, SUCH AS BYLAWS AND CONFLICTS POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 8: ABE CHANGED AUDITORS FOR ITS FY 2019 AUDIT AND SEVERAL ACCOUNTING STANDARDS WERE BROUGHT TO ITS ATTENTION BY THE NEW AUDITING FIRM DURING THE COURSE OF ITS AUDIT, ONE OF WHICH HAD NOT BEEN IDENTIFIED BY THE PREVIOUS AUDITORS EVEN THOUGH THEY RENDERED AN UNQUALIFIED OPINION. PREVIOUS AUDITORS PROVIDED CLEAN AUDIT OPINIONS THAT ABE'S FINANCIAL STATEMENTS CONFORMED WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES ("GAAP STANDARDS"). THE MANAGEMENT OF THE ABE RELIES UPON ITS AUDITORS TO BRING TO ITS ATTENTION ALL RELEVANT ISSUES WITH ITS FINANCIAL STATEMENTS UNDER THOSE STANDARDS. APPLYING GAAP STANDARDS, THE NEW AUDITORS RECOMMENDED A NECESSARY RESTATEMENT OF THE RECORDING OF GRANT OBLIGATIONS FROM A CASH BASIS TO AN ACCRUAL BASIS, RESULTING IN A FISCAL YEAR 2019 EXPENSE FOR GRANT OBLIGATIONS TO BE PAID IN FISCAL YEAR 2020, AND A DECREASE IN NET ASSETS BY THE AMOUNT OF THE PREVIOUS YEAR'S (FY 2018) GRANT OBLIGATIONS. GOING FORWARD, ONLY THE ANNUAL GRANT EXPENSE WILL OCCUR. THE PREVIOUS AUDITING FIRM CONFIRMED TO ABE MANAGEMENT AND THE CURRENT AUDITOR ITS AGREEMENT WITH THE APPROPRIATENESS OF THIS CHANGE. THE ABE RECEIVED AN UNQUALIFIED OPINION FOR ITS CURRENT YEAR AUDIT. AMERICAN LAWYERS INSURANCE PLANS INC 312 N CLARK STREET 14TH FLOOR CHICAGO IL 60654 363650005 INSURANCE IL ABE C 435644 581021 1.00000 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0