2025-11-14T11:17:57-06:00 2024-12-31 333709623 COHNREZNICK ADVISORY LLC 7501 WISCONSIN AVENUE SUITE 400E BETHESDA MD 20814 990 2024-01-01 521653760 NCTA EDUCATION FOUNDATION INC NCTA 2022222390 25 MASSACHUSETTS AVE NW SUITE 100 WASHINGTON DC 20001 SHANNON SCOTT SVP & CHIEF FINANCIAL OFFICER 2022222390 2025-11-12 1 1 DANIEL O'SHEA P00957510 3016529100 2025-11-12 2024 2025-03-06 01:10:19Z CORY GARDNER 25 MASSACHUSETTS AVE NW SUITE 100 WASHINGTON DC 20001 4569354 0 X HTTPS://WWW.NCTA.COM/NCTAFOUNDATION X 1989 WA THE NCTA EDUCATION FOUNDATION INVESTS IN PEOPLE AND PROGRAMS THAT STRENGTHEN LEADERSHIP, INNOVATION, AND OPPORTUNITY ACROSS THE CONNECTIVITY, MEDIA, AND ENTERTAINMENT INDUSTRIES. THROUGH GRANTS, RESEARCH, SCHOLARSHIPS, AND PARTNERSHIPS, THE FOUNDATION BUILDS PATHWAYS THAT PREPARE EMERGING AND ESTABLISHED PROFESSIONALS TO LEAD WITH PURPOSE, DRIVE PERFORMANCE, AND SHAPE A MORE DYNAMIC, FUTURE-READY WORKFORCE. 18 17 0 17 0 0 750 3971455 0 0 0 168986 0 -276987 750 3863454 0 140000 0 0 0 346019 0 0 294411 718 227357 718 713376 32 3150078 11909 3235635 56 76417 11853 3159218 X THE NCTA EDUCATION FOUNDATION INVESTS IN PEOPLE AND PROGRAMS THAT STRENGTHEN LEADERSHIP, INNOVATION, AND OPPORTUNITY ACROSS THE CONNECTIVITY, MEDIA, AND ENTERTAINMENT INDUSTRIES. THROUGH GRANTS, RESEARCH, SCHOLARSHIPS, AND PARTNERSHIPS, THE FOUNDATION BUILDS PATHWAYS THAT PREPARE EMERGING AND ESTABLISHED PROFESSIONALS TO LEAD WITH PURPOSE, DRIVE PERFORMANCE, AND SHAPE A MORE DYNAMIC, FUTURE-READY WORKFORCE. 0 0 321368 140000 GRANTS AND SCHOLARSHIPS:THE FOUNDATION AWARDS GRANTS AND STUDENT SCHOLARSHIPS THAT SUPPORT LEADERSHIP DEVELOPMENT, WORKFORCE READINESS, AND CAREER ADVANCEMENT. FUNDED INITIATIVES INCLUDE INTERNSHIPS, MENTORSHIP PROGRAMS, EXECUTIVE TRAINING, AND PROFESSIONAL DEVELOPMENT EXPERIENCES THAT EQUIP RISING AND MID-CAREER PROFESSIONALS TO LEAD EFFECTIVELY AND SUSTAINABLY.INDUSTRY RESEARCH/CREATIVE AND LEADERSHIP PARTNERSHIPS PROGRAM:THE FOUNDATION SUPPORTS INDEPENDENT STUDIES THAT ASSESS WORKFORCE TRENDS, LEADERSHIP GAPS, AND OPPORTUNITIES FOR GROWTH. THESE INSIGHTS GUIDE INDUSTRY STAKEHOLDERS IN DEVELOPING STRATEGIES TO ATTRACT, RETAIN, AND ELEVATE TALENT WHILE FOSTERING ENVIRONMENTS THAT REWARD CREATIVITY AND COLLABORATION. THE FOUNDATION PARTNERS WITH ORGANIZATIONS CULTIVATING CREATIVE, TECHNICAL, AND EXECUTIVE TALENT. THESE COLLABORATIONS EXPAND ACCESS TO CAREER PATHWAYS, PROMOTE AUTHENTIC STORYTELLING, AND INSPIRE INNOVATION AT EVERY LEVEL OF THE INDUSTRY. 321368 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X SHANNON SCOTT 2022222393 25 MASSACHUSETTS AVE NW SUITE 100 WASHINGTON DC 200011431 ALFRED LIGGINS III DIRECTOR 0.60 1.40 X 0 0 0 BOB BAKISH OUTGOING DIRECTOR 0.60 1.40 X 0 0 0 CHRIS MCCARTHY INCOMING DIRECTOR 0.60 1.40 X 0 0 0 CHRIS WINFREY VICE-CHAIRMAN 0.60 1.40 X X 0 0 0 CHUCK TREADWAY DIRECTOR 0.60 1.40 X 0 0 0 DAVE WATSON TREASURER 0.60 1.40 X X 0 0 0 JAMES PITARO DIRECTOR 0.60 1.40 X 0 0 0 JOHN D EVANS DIRECTOR 0.60 1.40 X 0 0 0 JOHN PASCARELLI DIRECTOR 0.60 1.40 X 0 0 0 KATHLEEN FINCH DIRECTOR 0.60 1.40 X 0 0 0 KRISTIN DOLAN SECRETARY 0.60 1.40 X X 0 0 0 MARK GREATREX CHAIRMAN 0.60 1.40 X X 0 0 0 MICHAEL K POWELL PRESIDENT & CEO 2.00 43.00 X X 0 6268150 536262 PAT MCADARAGH IMMEDIATE PAST CHAIRMAN 0.60 1.40 X X 0 0 0 PAUL BUCCIERI DIRECTOR 0.60 1.40 X 0 0 0 RICHARD SJOBERG DIRECTOR 0.60 1.40 X 0 0 0 RONALD DUNCAN DIRECTOR 0.60 1.40 X 0 0 0 SANDY HOWE DIRECTOR 0.60 1.40 X 0 0 0 SUZANNE SCOTT DIRECTOR 0.60 1.40 X 0 0 0 WONYA LUCAS OUTGOING DIRECTOR 0.60 1.40 X 0 0 0 NILDA GUMBS CHIEF OF STAFF 7.00 38.00 X 0 556302 106240 0 6824452 642502 0 0 1 0 MARRIOTT BUSINESS SERVICES PO BOX 403003 ATLANTA GA 30384 CATERING SERVICES 245177 O'KEEFE COMMUNICATIONS LLC 4301 CONNECTICUT AVE STE 200 WASHINGTON DC 20008 PRODUCTION SERVICES 190507 2 828603 3142852 3971455 64287 64287 392940 288241 104699 104699 104699 140648 828603 417659 -277011 -277011 24 24 24 3863454 0 0 -108001 X 140000 140000 277792 97227 55558 125007 50671 17735 10134 22802 17556 6145 3511 7900 3458 3458 124473 37329 17486 69658 18795 755 431 17609 28301 245 140 27916 646 385 261 1293 452 259 582 BAD DEBT EXPENSE 50391 17637 10078 22676 713376 321368 97597 294411 11909 234750 2949728 45995 2761 6650 4249 0 2401 11909 3235635 56 76417 56 76417 X 11853 3159218 11853 3159218 11909 3235635 3150078 -2713 0 X 0 1 X 1 0 X 750 3137567 3138317 750 3137567 3138317 0 0 0 3138317 184 64287 64471 184 64287 64471 24 24 184 750 3201878 3202812 0.97990 0.80300 0.02010 0.19700 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2024 AMOUNT: $ 24. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6650 4249 2401 2401 X 4295073 -2713 20131 414201 431619 3863454 0 3863454 1147708 20131 414201 434332 713376 0 713376 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX BASED ON THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS ALSO EXEMPT FROM THE DISTRICT OF COLUMBIA INCOME AND FRANCHISE TAX. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND, AS SUCH, IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE FOUNDATION RECOGNIZES INTEREST EXPENSE AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN MANAGEMENT AND GENERAL EXPENSES ON THE STATEMENT OF ACTIVITIES AND CHANGE IN NET ASSETS AND ACCOUNTS PAYABLE AND ACCRUED EXPENSES IN THE STATEMENT OF FINANCIAL POSITION. THERE IS NO PROVISION IN THESE FINANCIAL STATEMENTS FOR PENALTIES AND INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS FOR THE YEAR ENDED DECEMBER 31, 2024. TAX YEARS PRIOR TO 2021 ARE NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE TAX JURISDICTIONS OF DELAWARE AND THE DISTRICT OF COLUMBIA. PART XI, LINE 2D - OTHER ADJUSTMENTS: EXPENSES RECLASSIFIED TO REVENUE -3,458. FUNDRAISING EXPENSES 417,659. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES RECLASSIFIED TO REVENUE -3,458. FUNDRAISING EXPENSES 417,659. DINNER 969251 828603 140648 2256 140648 274755 969251 828603 140648 2256 140648 274755 417659 -277011 1 HANDY FOUNDATION CORPORATION 3425 CAHUENGA BLVD WEST LOS ANGELES CA 90068 851588573 501(C)(3) 30000 0 CHANGEMAKER FOR SOCIAL IMPACT HUMAN I-T 4941 S EASTERN AVE BELL CA 90201 460773284 501(C)(3) 10000 0 CHANGEMAKER FOR SOCIAL IMPACT HILLMAN GRAD FOUNDATION 15821 VENTURA BLVD STE 370 ENCINO CA 91436 852727976 501(C)(3) 100000 0 LAB SUPPORT 3 0 PART I, LINE 2: THE FOUNDATION MONITORS GRANTEES THROUGH REGULAR PROGRESS AND FINANCIAL REPORTS, AUDITS, AND INDEPENDENT EVALUATIONS TO ENSURE TRANSPARENCY, ACCOUNTABILITY, AND MEASURABLE OUTCOMES. X X X 1 1 0 1 0 0 0 0 0 0 0 MICHAEL K POWELL PRESIDENT & CEO 0 4862627 0 1300000 0 105523 0 508977 0 27285 0 6804412 0 0 NILDA GUMBS CHIEF OF STAFF 0 478521 0 65000 0 12781 0 86310 0 19930 0 662542 0 11000 PART I, LINE 1A NCTA PROVIDED THE FOLLOWING INDIVIDUAL WITH FIRST-CLASS OR CHARTER TRAVEL, WHICH ARE NOT TREATED AS TAXABLE COMPENSATION: MICHAEL POWELL NCTA PROVIDED THE FOLLOWING INDIVIDUAL WITH TRAVEL FOR COMPANIONS, WHICH IS TREATED AS TAXABLE COMPENSATION: MICHAEL POWELL. NCTA PROVIDED THE FOLLOWING INDIVIDUAL WITH TAX INDEMNIFICATION AND GROSS-UP PAYMENTS, WHICH ARE TREATED AS TAXABLE COMPENSATION: MICHAEL POWELL FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS FOR REVIEW BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED AT THE ORGANIZATION'S BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT HAVE ANY EMPLOYEES OF ITS OWN. RATHER, IT SHARES EMPLOYEES WITH A RELATED PARTY, NCTA - THE INTERNET & TELEVISION ASSOCIATION (NCTA). NCTA HAS THE FOLLOWING PROCEDURES IN PLACE: TOP MANAGEMENT, OFFICERS, AND KEY EMPLOYEES UNDERGO AN ANNUAL PERFORMANCE REVIEW ON THE FIRST OF THE YEAR WHICH INCLUDES A REVIEW OF THE INDIVIDUAL'S COMPENSATION. THE ORGANIZATION'S BOARD OF DIRECTORS MUST REVIEW AND APPROVE THE COMPENSATION OF THE PRESIDENT & CEO. THE ANNUAL COMPENSATION ADJUSTMENTS FOR ALL OTHER STAFF IS REVIEWED BY THE PRESIDENT & CEO. THE ORGANIZATION ALSO USES SALARY SURVEYS TO ENSURE THAT COMPENSATION AMOUNTS ARE WITHIN GUIDELINES FOR ALL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 37,329. MANAGEMENT AND GENERAL EXPENSES 17,486. FUNDRAISING EXPENSES 69,658. TOTAL EXPENSES 124,473. THE WALTER KAITZ FOUNDATION 25 MASSACHUSETTS AVE NW SUITE 100 WASHINGTON DC 20001 942666764 DIVERSITY DC 501(C)(3) NCTA 0 NCTA - THE INTERNET & TELEVISION ASSOCIATION 25 MASSACHUSETTS AVE NW SUITE 100 WASHINGTON DC 20001 530222396 TELECOMMUNICATIONS DC 501(C)(6) N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 NCTA - THE INTERNET & TELEVISION ASSOCIATION O 344129 COST NCTA - THE INTERNET & TELEVISION ASSOCIATION P 507355 COST