2019-03-01T11:07:41-06:00 2018-08-31 410746749 CLIFTONLARSONALLEN LLP 1301 W 22ND ST STE 1100 OAK BROOK IL 60523 990 2017-09-01 366080766 MILLION DOLLAR ROUND TABLE FOUNDATION MILL 8476926378 325 W TOUHY AVENUE PARK RIDGE IL 60068 TED RUSINOFF PRESIDENT 8476926378 2019-01-31 1 MELISSA E STRUCK P01310867 6305738600 2019-01-26 67.137.57.251 2019-01-31 15:12:24 CS P 4F402DDF36D721BD6AB3A2CA290BB815499705B6 EF3A95D8828653F7575E562EBE88CEDFA08B144E 2017 2019-02-21 02:37:17Z MICHELE L STAUFF 325 W TOUHY AVENUE PARK RIDGE IL 60068 38291705 0 X WWW.MDRTFOUNDATION.ORG X 1959 IL THE MDRT FOUNDATION IS THE CHARITABLE ARM OF MILLION DOLLAR ROUND TABLE (MDRT), A GLOBAL ASSOCIATION OF FINANCIAL SERVICES PROFESSIONALS. THE MISSION OF THE MDRT FOUNDATION IS TO INCREASE MEMBER AND INDUSTRY PARTICIPATION AND TO GIVE FUNDS TO WORTHWHILE CHARITABLE ORGANIZATIONS THROUGHOUT THE WORLD. 21 21 0 200 0 0 1833463 1892051 0 0 1040117 2311032 12038 9671 2885618 4212754 1384076 1491776 0 0 0 0 0 0 68925 477924 462678 1862000 1954454 1023618 2258300 28546337 29996159 11442 52004 28534895 29944155 X THE MDRT FOUNDATION IS THE CHARITABLE ARM OF MILLION DOLLAR ROUND TABLE (MDRT), A GLOBAL ASSOCIATION OF FINANCIAL SERVICES PROFESSIONALS. THE MISSION OF THE MDRT FOUNDATION IS TO INCREASE MEMBER AND INDUSTRY PARTICIPATION AND TO GIVE FUNDS TO WORTHWHILE CHARITABLE ORGANIZATIONS THROUGHOUT THE WORLD. 0 0 1491776 1491776 9671 THE MDRT FOUNDATION PROVIDES GRANT FUNDING TO A DIVERSE RANGE OF CHARITABLE PROGRAMS WORLDWIDE. GRANT AWARDS ARE DETERMINED BY A GRANT APPLICATION PROCESS, FOUNDATION POLICY, OR BY THE BOARD OF TRUSTEES. ALL GRANT RECIPIENTS MUST MEET ELIGIBILITY REQUIREMENTS, INCLUDING OPERATING AS A NOT-FOR-PROFIT FOR CHARITABLE PURPOSES. 1491776 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 1 0 0 0 1 0 1 1 0 1 1 1 1 1 1 1 1 0 0 0 IL X LAURA MCGRADY 8476926378 325 W TOUHY AVE PARK RIDGE IL 60068 MARC A SILVERMAN PRESIDENT 10.00 X X 0 0 0 H RICHARD DOBSON JR IMMEDIATE PAST PRESIDENT 10.00 X X 0 0 0 THEODORE RUSINOFF VICE PRESIDENT 10.00 X X 0 0 0 BRIAN G TARPEY SECRETARY 10.00 X X 0 0 0 BRIAN WALSH TREASURER 4.00 X X 0 0 0 ADRIAN P BAKER TRUSTEE 4.00 X 0 0 0 KATHLEEN R BENJAMIN TRUSTEE 4.00 X 0 0 0 J SCOTT DAVISON TRUSTEE 4.00 X 0 0 0 ALESSANDRO M FORTE TRUSTEE 4.00 X 0 0 0 GREGORY B GAGNE TRUSTEE 4.00 X 0 0 0 RAND HARBERT TRUSTEE 4.00 X 0 0 0 MARK HANNA EX OFFICIO 4.00 5.00 X 0 100976 0 PETER HILL TRUSTEE 4.00 X 0 0 0 CAROLINE KHENG TRUSTEE 4.00 X 0 0 0 JOHN F NICHOLS TRUSTEE 4.00 X 0 0 0 ANA SOFIA RODRIGUEZ TRUSTEE 4.00 X 0 0 0 RANDY L SCRITCHFIELD TRUSTEE 4.00 X 0 0 0 MIKE MCNEIL TRUSTEE 4.00 X 0 0 0 SAM BALDWIN TRUSTEE 4.00 X 0 0 0 WENDY BOYD TRUSTEE 4.00 X 0 0 0 WILLIAM M UPSON TRUSTEE 4.00 X 0 0 0 JERRY D SEMLER TRUSTEE EMERITUS 4.00 X 0 0 0 MICHELE L STAUFF EXECUTIVE DIRECTOR 40.00 X 0 124762 14217 LAURA MCGRADY DIRECTOR OF FINANCE 10.00 40.00 X 0 164532 27680 0 390270 41897 0 0 1 0 0 393418 1498633 1892051 518912 518912 35871071 34078951 1792120 1792120 1792120 ADMINISTRATION FEES 900099 9671 9671 9671 4212754 9671 0 2311032 1313074 1313074 178702 178702 100000 100000 129114 129114 18790 18790 7275 7275 29819 8370 21449 4871 4871 17358 17358 77591 77591 5252 5252 CAMPAIGN EXPENSES 30025 30025 BANKING AND CREDIT CARD 26632 26632 OTHER EXPENSES 11133 6209 4924 GRANT ADMINISTRATION 3227 3227 1591 1591 1954454 1491776 393753 68925 15848 41900 1316517 1610771 16000 0 11250 185938 150298 2012 35640 21715158 24134181 1372413 63731 4108389 4098686 28546337 29996159 11442 52004 11442 52004 X 28534895 29944155 28534895 29944155 28546337 29996159 X 2258300 -1103100 254060 X X 0 1 X 1 0 X 1542175 1643735 1862799 1833463 1892051 8774223 1542175 1643735 1862799 1833463 1892051 8774223 1382509 7391714 902482 813090 788818 705665 518912 3728967 196837 104432 65696 12038 9671 388674 12891864 0.57340 0.53410 X 23225713 717544 1126080 129101 24940236 20946238 232704 2126693 79922 23225713 19878543 250000 890030 72335 20946238 21515108 210304 -1770860 76009 19878543 18471503 250000 2867730 74125 21515108 1.00000 0 0 185938 150298 35640 35640 CASH SURRENDER VALUE - LIFE INSURANCE 4098686 4098686 X 4318805 -1103100 955091 254060 106051 4212754 0 4212754 2909545 955091 955091 1954454 0 1954454 PART V, LINE 4: TO GENERATE INCOME TO BE USED AS A BASIS FOR ISSUING GRANTS TO OTHER QUALIFIED ORGANIZATIONS. PART X, LINE 2: THE FOUNDATION IS A TAX-EXEMPT ORGANIZATION AS DEFINED BY SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A). CONTRIBUTIONS TO THE FOUNDATION QUALIFY FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A). THE FOUNDATION FOLLOWS THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THE FOUNDATION HAS DETERMINED THAT IT IS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF AUGUST 31, 2018 OR 2017. PART XI, LINE 2D - OTHER ADJUSTMENTS: INCREASE IN CASH SURRENDER VALUE OF LIFE INSURANCE 254,060. 1 EAST ASIA AND THE PACIFIC - 0 0 GRANT MAKING CHARITABLE GRANTS 57702 NORTH AMERICA - CANADA AND MEXICO, 0 0 GRANT MAKING CHARITABLE GRANTS 55000 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANT MAKING CHARITABLE GRANTS 5000 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANT MAKING CHARITABLE GRANTS 39500 MIDDLE EAST AND NORTH AFRICA 0 0 GRANT MAKING CHARITABLE GRANTS 1500 SOUTH AMERICA 0 0 GRANT MAKING CHARITABLE GRANTS 1000 SOUTH ASIA 0 0 GRANT MAKING CHARITABLE GRANTS 6500 SUB-SAHARAN AFRICA 0 0 GRANT MAKING CHARITABLE GRANTS 12500 0 0 0 0 0 0 178702 0 178702 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES SOCIAL SERVICES 10000 CASH PAYMENT NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES DISASTER RELIEF FUND 15000 CASH PAYMENT SOUTH AMERICA CHILDREN'S CAUSES 10000 CASH PAYMENT EUROPE (INCLUDING ICELAND & GREENLAND) SOCIAL SERVICES 6500 CASH PAYMENT EAST ASIA AND THE PACIFIC SOCIAL SERVICES 10000 CASH PAYMENT EUROPE (INCLUDING ICELAND & GREENLAND) CHILDREN'S CAUSES 12500 CASH PAYMENT EAST ASIA AND THE PACIFIC CHILDREN'S CAUSES 11952 CASH PAYMENT 7 0 0 0 0 0 0 PART I, LINE 2: THE FOUNDATION REQUIRES POTENTIAL GRANTEES TO PROVIDE FINANCIAL STATEMENTS, BUDGETS, AND DOCUMENTATION THAT THEY ARE OPERATING FOR CHARITABLE PURPOSES. UPON RECEIVING A GRANT, ORGANIZATIONS ARE REQUESTED TO PROVIDE A REPORT AS TO HOW GRANT FUNDS WERE USED RELATIVE TO THE PROJECT FOR WHICH FUNDING WAS AWARDED. 1 BICYCLES FOR HUMANITY COLORADO 485 WILLIAMS STREET DENVER CO 80218 261141564 501(C)3 10000 SOCIAL SERVICES BIG BROTHERS BIG SISTERS OF JACKSON COUNTY 536 NORTH JACKSON STREET JACKSON MI 49204 382221204 501(C)3 25000 CHILDREN'S CAUSES BRAIN TUMOR FOUNDATION FOR CHILDREN 6065 ROSWELL ROAD NE STE 505 ATLANTA GA 30328 581524616 501(C)3 10000 SOCIAL SERVICES CAMBODIAN LIVING ARTS 228 PARK AVENUE SOUTH NO 49331 NEW YORK NY 10003 455218362 501(C)3 10000 ARTS AND LEISURE COASTAL BEND FOOD BANK 826 KRILL STREET CORPUS CHRISTI TX 78408 742234089 501(C)3 10000 DISASTER RELIEF FUND DIABETES RESEARCH INSTITUTE 200 SOUTH PARK ROAD STE 100 HOLLYWOOD FL 33021 591361955 501(C)3 10000 HEALTH AND RESEARCH EXODUS ROADTHE PO BOX 1681 COLORADO SPRINGS CO 80901 461384815 501(C)3 258202 SOCIAL SERVICES FREE WHEELCHAIR MISSION 15279 ALTON PARKWAY STE 300 IRVINE CA 92618 311781635 501(C)3 20000 SOCIAL SERVICES HADASSAH (THE WOMEN'S ZIONIST ORGANIZATION OF AMERICA) 40 WALL STREET NEW YORK NY 10005 134022483 501(C)3 10000 HEALTH AND RESEARCH HOPE HAVEN INTERNATIONAL MINISTRIES 1800 19TH STREET ROCK VALLEY IA 51247 420890017 501(C)3 15000 SOCIAL SERVICES INNER-CITY ARTS 720 KOHLER STREET LOS ANGELES CA 90021 954239478 501(C)3 30550 ARTS AND LEISURE IT HAPPENED TO ALEXA FOUNDATION 411 CENTER STREET LEWISTON NY 14092 593763746 501(C)3 10000 SOCIAL SERVICES KIDPACK PO BOX 41301 PLYMOUTH MN 55442 465079963 501(C)3 10000 CHILDREN'S CAUSES LIFE HAPPENS 1530 WILSON BOULEVARD STE 1060 ARLINGTON VA 22209 521904610 501(C)3 25000 EDUCATION MAKE-A-WISH FOUNDATION OF AMERICA 1702 EAST HIGHLAND AVENUE STE 400 PHOENIX AZ 85016 860481941 501(C)3 8500 CHILDREN'S CAUSES MEMORIAL SLOAN-KETTERING CANCER CENTER 1275 YORK AVENUE NEW YORK NY 10065 131924236 501(C)3 10000 HEALTH AND RESEARCH MOYER FOUNDATION 1617 JFK BOULEVARD STE 935 PHILADELPHIA PA 19103 912065051 501(C)3 15000 CHILDREN'S CAUSES PETER & JULIE STOTT FOUNDATION 1221 SW YAMHILL STREET STE 100 PORTLAND OR 97205 931261580 501(C)3 10000 SOCIAL SERVICES SEEDS OF PEACE 370 LEXINGTON AVENUE STE 1201 NEW YORK NY 10017 521814447 501(C)3 10000 SOCIAL SERVICES SOLES4SOULS 6621 FANNIN STREET OLD HICKORY TN 37138 204023482 501(C)3 25000 DISASTER RELIEF FUND TEXAS CHILDREN'S HOSPITAL 6621 FANNIN STREET HOUSTON TX 77030 202380599 501(C)3 10000 DISASTER RELIEF FUND WENTWORTH-DOUGLASS HOSPITAL & HEALTH FOUNDATION 789 CENTRAL AVENUE DOVER NH 03820 020260334 501(C)3 25000 HEALTH AND RESEARCH 22 PART I, LINE 2: THE FOUNDATION REQUIRES POTENTIAL GRANTEES BASED IN THE UNITED STATES TO PROVIDE FINANCIAL STATEMENTS, BUDGETS, AND IRS DOCUMENTATION OF 501(C)(3) STATUS. UPON RECEIVING A GRANT, ORGANIZATIONS ARE REQUESTED TO PROVIDE A REPORT AS TO HOW GRANT FUNDS WERE USED RELATIVE TO THE PROJECT FOR WHICH FUNDING WAS AWARDED. 1 0 0 0 0 0 0 0 0 0 LAURA MCGRADY DIRECTOR OF FINANCE 0 157032 0 7500 0 0 0 5364 0 22316 0 192212 0 0 PART I, LINE 3 THE EXECUTIVE DIRECTOR'S COMPENSATION IS PAID FOR AND DETERMINED BY A RELATED ORGANIZATION. COMPENSATION IS EVALUATED BY THE RELATED ORGANIZATION ON AN ANNUAL BASIS USING COMPENSATION STUDIES. ADDITIONALLY JOB DESCRIPTIONS AND SALARIES ARE REVIEWED BY AN EXTERNAL THIRD PARTY TO ASSESS WHETHER COMPENSATION IS COMPARABLE TO LIKE POSITIONS IN SIMILAR ORGANIZATIONS. THIS PROCESS IS PERFORMED AND DOCUMENTED APPROXIMATELY ONCE OVER TWO TO THREE YEARS. FORM 990, PART VI, SECTION A, LINE 3 DAY TO DAY MANAGEMENT OF THE FOUNDATION HAS BEEN DELEGATED TO THE MILLION DOLLAR ROUND TABLE UNDER A MANAGEMENT AGREEMENT. UNDER THE AGREEMENT, THE MILLION DOLLAR ROUND TABLE PROVIDES MANAGEMENT AND ACCOUNTING SERVICES AND FACILITIES FOR AN ANNUAL FEE OF $100,000. OTHER DIRECT EXPENSES ARE PROCESSED THROUGH THE MILLION DOLLAR ROUND TABLE'S ACCOUNTS PAYABLE SYSTEMS AND ARE REIMBURSED BY THE FOUNDATION MONTHLY. FORM 990, PART VI, SECTION A, LINE 7A ONE MEMBER OF THE BOARD OF TRUSTEES IS ELECTED EACH YEAR BY THE NOMINATING COMMITTEE OF THE MILLION DOLLAR ROUND TABLE. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE RETURN IS PROVIDED TO THE GOVERNING BODY VIA EMAIL FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION AT ITS FIRST BOARD MEETING EACH YEAR CONDUCTS AN ORIENTATION FOR NEW AND CONTINUING TRUSTEES. AT THIS MEETING, POLICIES AND PROCEDURES, INCLUDING THE CONFLICT OF INTEREST POLICY, ARE DISTRIBUTED AND DISCUSSED. TRUSTEES ARE REQUIRED AT THIS MEETING TO COMPLETE AND SIGN A DISCLOSURE STATEMENT WITH REGARD TO POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES AVAILABLE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: INCREASE IN CASH SURRENDER VALUE OF LIFE INSURANCE 254,060. FORM 990, PART XII, LINE 2C THE FOUNDATION'S BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. MILLION DOLLAR ROUND TABLE 325 W TOUHY AVE PARK RIDGE IL 60068 362138427 MEMBERSHIP ORGANIZTAION FOR INSURANCE AND FINANCIAL SERVICES PROFESSIONALS IL 501(C)(6) N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 MILLION DOLLAR ROUND TABLE M 100000 CASH PAID MILLION DOLLAR ROUND TABLE C 393418 CASH RECEIVED MILLION DOLLAR ROUND TABLE O 803427 FAIR VALUE OF SERVICES RECEIVED MILLION DOLLAR ROUND TABLE N 115809 FAIR VALUE RECEIVED