2017-08-16T12:58:24-05:00 2016-12-31 BDO USA LLP 8401 GREENSBORO DRIVE 800 MCLEAN VA 22102 990 2016-01-01 620786018 COTTON INCORPORATED % DAVID BYRD COTT 9196782220 6399 WESTON PARKWAY CARY NC 27513 DAVID N BYRD SENIOR VP AND CFO 7038930600 2017-08-16 true Marc Berger P01871563 7038930600 162.249.80.1 54621820172285000010 2017-08-16 P 8833E1248867A9120A21E9498311F297C4228B1B 8D2263E1A0E0AD3C946283D6EB0E45EBE88746E7 2016 2021-01-29 14:40:06Z DAVID N BYRD 6399 WESTON PARKWAY CARY NC 27513 73456318 false X WWW.COTTONINC.COM X 1967 TN SEE SCHEDULE O 105 105 143 106 0 77334958 73456318 0 0 -24579 0 0 0 77310379 73456318 466000 334762 0 0 18171377 18816812 0 0 0 58357179 55426280 76994556 74577854 315823 -1121536 17439230 15771822 16555718 16009846 883512 -238024 X COTTON INCORPORATED, FUNDED BY U.S. GROWERS OF UPLAND COTTON AND IMPORTERS OF COTTON AND COTTON TEXTILE PRODUCTS, IS THE RESEARCH AND MARKETING COMPANY REPRESENTING UPLAND COTTON. THE PROGRAM IS DESIGNED AND OPERATED TO IMPROVE THE DEMAND FOR AND PROFITABILITY OF COTTON. false false The Consumer Marketing program is comprised of the Consumer Marketing Division (Advertising, Public Relations and Strategic Alliances) and the Corporate Strategy and Program Metrics Division (CSPM). The Consumer Marketing Division is tasked with creating awareness of, and interest in, cotton among consumer and trade audiences. This is accomplished through an integrated platform of traditional and digital advertising, engagement with the media, and activities and events that directly contact consumers. The Cotton. Its Your Favorite for a Reason campaign continued in 2016. The campaign featured real women and men explaining why cotton is their favorite and communicated the physical benefits of the fiber while reminding consumers to check their labels and shop cotton. The 360 degree campaign reached consumers through TV, Cottons consumer web site, TheFabricOfOurLives.com, digital media and point of purchase. A total of 3,472 TV exposures appeared along with over 100MM video views online and more than 800,000 clicks to TheFabricOfOurLives.com. Over half of fashion females said the commercials make them think about what their clothes are made of; 49% were intrigued to find out more; 43% said the commercials make them think differently about cotton; and 46% are much/somewhat more interested in cotton. Public Relations supported consumer facing company initiatives such as the Rue La La + Cotton Pop-up Shop, the Blue Jeans Go Green program, the #ShopCotton Mall Program, the generic consumer program in China, and the Lifestyle Monitor Survey and defense of cottons reputation. Strategic Alliances continued with the Blue Jeans Go Green program by working with organizations across the country for collection and distribution. Cottons first pop-up shop in collaboration with online style destination Rue La La took place as well as a fall inspired website takeover on RueLaLa.com. Cottons national mall program took place in 30 participating malls across the country. Lastly, to further focus on point-of-sale activations online, a Cotton brand showcase was curated on JCPenny.com. CSPM led efforts to identify opportunities and threats for cotton using market intelligence data gathered through ongoing studies of consumer attitudes from the Lifestyle Monitor survey, assessments of cottons share at retail through the Retail Monitor research and comprehensive global economic research and analysis. Work completed by CSPM during 2016 includes, but is not limited to, the review of data on more than 130,000 products offered at retail in the U.S. in order to evaluate cottons market share in key categories and to communicate (to internal staff) those areas that are under threat; the evaluation of 9,500 U.S. and 7,000 global consumers to understand key trends and market opportunities for cotton products in various areas; the management and analysis of global quantitative research to garner insights into opportunities; the analysis of research to uncover opportunities to utilize the Seal of Cotton trademark to spur fiber label checking and cotton purchases; tracking and management of large-scale consumer and retail research in the Chinese market; the management of Cotton Incorporateds program metrics; and the delivery of market outlook presentations related to changes in cotton prices and the impact on the supply chain in the U.S. and internationally. The establishment of a comprehensive database of monthly apparel and home furnishing imports (over 2,100 different product classifications) allows for changes in cottons share and average products to be tracked and quantified in terms of their raw fiber bale equivalence. During 2016, CSPM responded to over 250 information requests, participated in over 180 meetings and presentations, authored nearly 190 publications, videos, and podcasts, and worked on nearly 70 projects. The Global Supply Chain Marketing program consists of two divisions: Cotton Management System (CMS) and Global Supply Chain Marketing (GSCM). The Cotton Management System software team continued to support MILLNet 4.8.010 software, which is the final release of the MILLNet 4.0 series. The MILLNet 5.0 software was released in the third quarter of 2016 to our MILLNet32 users as a complete replacement of the old software. MILLNet32 software is no longer supported. We are currently working on the conversion programs to convert our MILLNet software users to MILLNet 5.0 targeted for first part of the first quarter of 2017. The CMS teams assisted customers over 3,900 times during the year and conducted 80 service visits in various countries. New EFS System licensees were signed in Peru, Vietnam and Guatemala. The GSCM division conducted more than 800 meetings with more than 170 companies. Staff from the GSCM division exhibited at 12 global tradeshows during 2016. Several major shows continue to be a primary focus of division efforts, including the Outdoor Retailer Show, Premiere Vision, and Kingpins Denim shows. Cotton Incorporated and Cotton Council International exhibited in a joint booth at the Intertextile Shanghai tradeshow. This is the worlds largest textile tradeshow which hosts over 4,000 exhibitors and over 70,000 attendees. The Cotton LEADS program continues to gain momentum as a platform for communicating information about responsible U.S. cotton production to retailers, brands, manufacturers, and industry organizations worldwide. Cotton Incorporated participates in this program with the National Cotton Council of America, the Cotton Foundation, Cotton Australia, and Cotton Council International. In 2016, 74 new partners joined the program thus reaching a total of 436 partners. Technology adoptions continued to drive the marketing efforts for cotton among the industry. In one of the largest product adoptions in 2016, a major outdoor performance brand introduced numerous cotton products based on Cotton Incorporateds technology innovations and products shown to them over the past two years. The company introduced a line of technical knits featuring the TransDRY moisture management technology and increased their assortment of cotton-rich blend products that were not previously in their line. Additionally, the company introduced a collection of apparel made from U.S. cotton with a U.S. based supply chain. This collection was featured prominently through their marketing efforts, called attention to the use of U.S. grown cotton, and referenced advancements in growing practices implemented by U.S. producers. The TOUGH COTTON technology was adopted in two large-scale programs in 2016, representing the largest technology adoptions in terms of bales of cotton impacted. A major mass retailer introduced a line of childrens knit leggings and casual pants featuring the TOUGH COTTON technology and required a years worth of support by Cotton Incorporated staff to train the retailers global mill suppliers on how to apply the technology and provide testing and verification of performance. In major mass market retailers and drug chains, new private branded nonwovens programs and products were launched in the U.S. Other programs originally launched a year ago were expanded in 2016. Elsewhere in the world, new feminine hygiene programs continue to be offered in Asian and European countries. GSCM staff worked with two very large Mexican brands to switch from a 50/50 cotton/polyester blend to a 100% cotton composition on baby products and used the Seal of Cotton trademark as a marketing tool. The first company estimates sales of 900,000 pieces a year while the second projects over a million pieces a year. Fifty-one technical education workshops were held in 2016 with 1,707 attendees from major brands and retailers. The purpose of these workshops was to provide detailed technical information and training on relevant topics important for cotton. The COTTON UNIVERSITY Web site is a marketing platform and educational resource (www.cottonuniversity.org). It is the leading innovative education and information resource for current and emerging textile industry professionals who are actively seeking connections to cotton. In 2016, there were 4,165 new individuals registered bringing the total for the year to 17,935 registered users, 145,087 sessions, and 943,073 page views. Five webinars were held on a variety of topics ranging from technical services on skewing to millennials use of feminine hygiene products. Webinars reached more than 500 companies. The Research and Development program consists of the Fiber Quality Research division and the Product Development and Implementation division. Fiber Quality Research consisted of 13 outside research projects for 2016. Projects fell under the major program activities of improving breeder sample testing, improving existing fiber measurements, developing databases of fiber quality information, feasibility studies on new measurements, and studies focused on the potential of current U.S. cotton fiber quality. Product Evaluation Laboratory (PEL) activities continued to focus on normal day-to-day testing. Routine testing on high volume instrument inter-lab evaluations included 20 proficiency sets for the year and the lab also provided testing for the USDA-AMS on 16 sets of calibration cottons. A total of eight proficiency tests for fabric and two for yarn were also completed this year. Testing services were active for all areas of research and implementation for both Agricultural & Environmental Research and Product Development & Implementation divisions. Product Development and Implementation (PDI) had several areas of accomplishments. First, research into methods and technologies that improved quality, provided cost reductions, and improved efficiencies during production demonstrated to supply chains that cotton will remain the fiber of choice for many reasons. Through both the development and implementation of non-fluorine chemistries for Cotton Incorporateds moisture management technologies, it was discovered that performance and costs are not sacrificed with substitutions that are mandated by the industry. In addition, a substitute for formaldehyde-containing chemistry used for wrinkle resistant finishing was discovered. This non-formaldehyde product is applied without any process modifications, achieving the same or better performance than the traditional chemistry. Implications for this market are significant. Finding a non-formaldehyde product has been an objective since the inception of wrinkle resistant finishing for 100% cotton products 50 years ago. An analysis of the life cycle of cotton fiber and fabrics was updated. The new 2016 Life Cycle Assessment of Cotton Fiber and Fabric Executive Summary was completed in 2016 and the final report is being prepared for public distribution in 2017. The updated metrics are being analyzed for future research directives and as a baseline for industry presentations. Staff members were actively involved in the standardization and reporting metrics related to sustainability efforts, which include guidelines for reducing potential impacts. Being actively involved in industry organizations proved beneficial for Cotton Incorporateds proactive response to Sustainability Leadership. Creating new cotton products that compete with synthetics, especially in athletic, athleisure, and casual wear markets, was a challenge but not without opportunities. A number of newly developed products demonstrated how cotton and cotton-rich fabrics can compete and even out-perform synthetics in many of the aforementioned market categories. A high level of interest in those fabrics is evident by the number of requests reported for samples and technical information. Achievements were also made in the development of nonwoven flushable wipes that will increase cottons market share in this non-traditional category. Many other research objectives will carry over into, as well as be initiated, in 2017. Such projects will include newness retention for improved quality, and expanding cotton into performance categories such as smart textiles, conductive materials, applications of cotton for 3D printing, and e-textiles, just to name a few. false true false false false false false false false true false false false true true true false false true true false false false false false false false true true false false false false false false false false false false false true false false true 149 0 true 143 true false true MX CH HK JA false false false false X 105 105 false false false false false false false true true false false false true true true true true true true false FL MI NY NC TN X DAVID BYRD 9196782220 6399 WESTON PARKWAY CARY NC 27513 Buddy Allen Board Member 1.0 0.0 X 0 0 0 Albert Andel Board Member 1.0 0.0 X 0 0 0 Lloyd Arthur Board Member 1.0 0.0 X 0 0 0 Coley Bailey Board Member 1.0 0.0 X 0 0 0 Allen Below Board Member 1.0 0.0 X 0 0 0 Marvin Beyer Board Member 1.0 0.0 X 0 0 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1.0 0.0 X 0 0 0 Jeremy Gonzales Board Member 1.0 0.0 X 0 0 0 Burges Griffin Board Member 1.0 0.0 X 0 0 0 William Haddock Board Member 1.0 0.0 X 0 0 0 Dahlen Hancock Vice Chairman 1.0 0.0 X X 0 0 0 Jon Hardwick Board Member 1.0 0.0 X 0 0 0 Myron Hawes Board Member 1.0 0.0 X 0 0 0 Thomas Hayes Board Member 1.0 0.0 X 0 0 0 Art Heiden Board Member 1.0 0.0 X 0 0 0 Craig Heinrich Board Member 1.0 0.0 X 0 0 0 Gerald Hilbers Board Member 1.0 0.0 X 0 0 0 Jeff Hux Board Member 1.0 0.0 X 0 0 0 Jonathan Isbell Board Member 1.0 0.0 X 0 0 0 Joseph Jimmerson Board Member 1.0 0.0 X 0 0 0 James Johnson Board Member 1.0 0.0 X 0 0 0 Bernard Jordan Secretary 1.0 0.0 X X 0 0 0 Donny Lassiter Board Member 1.0 0.0 X 0 0 0 Ronald Lee Board Member 1.0 0.0 X 0 0 0 Terry Lemon Board Member 1.0 0.0 X 0 0 0 John Lindamood Board Member 1.0 0.0 X 0 0 0 Stephen Logan Board Member 1.0 0.0 X 0 0 0 Lawrence Long Board Member 1.0 0.0 X 0 0 0 James Massey Board Member 1.0 0.0 X 0 0 0 Harold May Board Member 1.0 0.0 X 0 0 0 Gregg Mayberry Board Member 1.0 0.0 X 0 0 0 John McDowell Board Member 1.0 0.0 X 0 0 0 Henry McLaurin Board Member 1.0 0.0 X 0 0 0 Weldon Melton Board Member 1.0 0.0 X 0 0 0 Peter Michael Board Member 1.0 0.0 X 0 0 0 Robert Miller Board Member 1.0 0.0 X 0 0 0 Brady Mimms Board Member 1.0 0.0 X 0 0 0 Travis Mires Board Member 1.0 0.0 X 0 0 0 Van Murphy Treasurer 1.0 0.0 X X 0 0 0 Brent Nelson Board Member 1.0 0.0 X 0 0 0 John Newby Board Member 1.0 0.0 X 0 0 0 Marshall Newton Board Member 1.0 0.0 X 0 0 0 Herrick Norcross Board Member 1.0 0.0 X 0 0 0 Lyall Pacheco Board Member 1.0 0.0 X 0 0 0 Michael Patschke Board Member 1.0 0.0 X 0 0 0 David Pearson Board Member 1.0 0.0 X 0 0 0 Glen Phipps Board Member 1.0 0.0 X 0 0 0 Terry Pollard Board Member 1.0 0.0 X 0 0 0 Charles Provance Board Member 1.0 0.0 X 0 0 0 Bernard Pustejovsky Board Member 1.0 0.0 X 0 0 0 Nathan Reed Board Member 1.0 0.0 X 0 0 0 Johnie Reed Board Member 1.0 0.0 X 0 0 0 Danny Robbins Board Member 1.0 0.0 X 0 0 0 Randolph Rogers Board Member 1.0 0.0 X 0 0 0 Dean Rovey Board Member 1.0 0.0 X 0 0 0 John Ruark Board Member 1.0 0.0 X 0 0 0 Larry Sayes Board Member 1.0 0.0 X 0 0 0 Eric Seidenberger Board Member 1.0 0.0 X 0 0 0 Vance Shoaf Board Member 1.0 0.0 X 0 0 0 Timothy Smith Board Member 1.0 0.0 X 0 0 0 Lewie Joe Smith Board Member 1.0 0.0 X 0 0 0 Stacy Smith Board Member 1.0 0.0 X 0 0 0 Sam Sparks Board Member 1.0 0.0 X 0 0 0 Charles Speake Board Member 1.0 0.0 X 0 0 0 Lawrence Starrh Board Member 1.0 0.0 X 0 0 0 Cloyce Stevens Board Member 1.0 0.0 X 0 0 0 Earl Stiles Board Member 1.0 0.0 X 0 0 0 Martin Stoerner Board Member 1.0 0.0 X 0 0 0 Basil Thompson Board Member 1.0 0.0 X 0 0 0 Gary Tidwell Board Member 1.0 0.0 X 0 0 0 Treasurer Board Member 1.0 0.0 X 0 0 0 Phil Vandiver Board Member 1.0 0.0 X 0 0 0 Lacy Vardeman Board Member 1.0 0.0 X 0 0 0 Tom Wade Board Member 1.0 0.0 X 0 0 0 Robert Walker Board Member 1.0 0.0 X 0 0 0 Jim Waters Board Member 1.0 0.0 X 0 0 0 Mark Watte Chairman 1.0 0.0 X X 0 0 0 William Weaver Board Member 1.0 0.0 X 0 0 0 Clint Webb Board Member 1.0 0.0 X 0 0 0 Jason West Board Member 1.0 0.0 X 0 0 0 Lance Whitehead Board Member 1.0 0.0 X 0 0 0 Stephen Wilbur Board Member 1.0 0.0 X 0 0 0 Mark Wright Board Member 1.0 0.0 X 0 0 0 J Berrye Worsham President & Ceo 40.0 0.0 X 574788 0 107552 David Byrd SR. VP & CFO 40.0 0.0 X 255074 0 66425 John Morgans VP Admin & Assist to President 40.0 0.0 X 225068 0 57201 Kater Hake VP Agricultural/Env. Research 40.0 0.0 X 258332 0 82136 Mark Messura SR. VP Global Supply Chain 40.0 0.0 X 275149 0 88679 Robert Tyndall VP Prod Dev & Implem. 40.0 0.0 X 204907 0 41295 Kimberly S Kitchings VP Corp Strategy & Prog Metric 40.0 0.0 X 190288 0 60626 Richmond Hendee SR. VP Consumer Mktg. 40.0 0.0 X 294021 0 75643 Michael Watson VP Fiber Competition 40.0 0.0 X 194175 0 55124 Katsuro Ishida VP Supply Chain Mktg Asia 40.0 0.0 X 328688 0 18983 John Chiavacci CTO 40.0 0.0 X 153499 0 60543 edward Barnes dir., agricult/envir research 40.0 0.0 X 151737 0 57054 3105726 0 771261 39 false true false DONALD BAILEY 7620 Rock Quarry Rd RALEIGH NC 27610 Importer Support Con 165396 THE NIELSON COMPANY 85 BROAD STREET NEW YORK NY 10014 Market Research 311100 IGNITION HOLDINGS LLC 200 HUDSON ST NEW YORK NY 10013 MGMT CONSULTING SVCS 307426 GGPLP REIT SERVICES LLC 110 N wacher DR CHICAGO IL 60606 MARKET SERVICES 274116 DIGITAL KITCHEN 720 THIRD AVE STE 800 SEATTLE WA 98104 CONSULTING 256400 11 346573 73109745 73456318 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 73456318 0 334762 0 0 2463479 0 11441882 2020896 2045521 845034 3487735 206291 157000 0 0 326506 1398754 24108126 581021 593885 0 1825474 2407622 0 2214069 0 0 1661183 193445 RESEARCH & PROMOTION 12483111 SPONSORSHIP 614108 MAINTENANCE 833289 GRAPHICS 865388 1469273 74577854 2591 2563 4254695 5483030 0 0 6933503 4795166 0 0 0 0 0 0 0 0 1106670 1125184 20128983 15763104 5141771 4365879 0 0 0 0 0 0 0 0 0 0 17439230 15771822 12465198 11580769 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4090520 4429077 16555718 16009846 X 883512 -238024 0 0 0 0 883512 -238024 17439230 15771822 -1121536 X X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3000858 2401510 599348 15830644 12116758 3713886 1297481 1244836 52645 4365879 0 DEFERRED LEASE OBLIGATION 83303 ACCRUED PENSION COST LIABILITY 4345774 4429077 X 75711686 2255368 2255368 73456318 73456318 76833222 2255368 2255368 74577854 74577854 PART X, LINE 2: The Company is exempt from federal income taxes under Section 501(c)(6) of the Internal Revenue Code, except for any unrelated business income. There was no unrelated business income earned during the years ended December 31, 2016 and 2015, and thus, no provision for income taxes has been made. The Company accounts for uncertainty in income taxes using a recognition threshold of more-likely-than-not to be sustained upon examination by the appropriate taxing authority. Measurement of uncertainty occurs if the recognition threshold has been met. Management believes that there were no uncertain tax positions that met the recognition threshold in 2016 or 2015. The Companys tax returns are open for examination for years 2013 through 2015. East Asia and the Pacific 3 14 Program Services INFORMATION SUPPORT 5377596 North America 1 3 Program Services INFORMATION SUPPORT 791834 Europe (Including Iceland and Greenland) 0 0 Program Services INFORMATION SUPPORT 964171 South America 0 0 Program Services INFORMATION SUPPORT 207834 Central America and the Caribbean 0 1 Program Services AGRICULTURAL RESEARCH 347500 Sub-Saharan Africa 0 0 Program Services information services 8015 4 18 4 18 7696950 7696950 false false false false false false true SUPPORT FOR STUDENTS IN BREEDING/GENETICS STUDIES 7 334762 PART I, LINE 2: EXPLANATION: GRANTS ARE OVERSEEN BY OUR AGRICULTURAL AND ENVIRONMENTAL RESEARCH EMPLOYEES. THESE EMPLOYEES MONITOR THE PROGRESS OF THOSE RECEIVING GRANTS, INCLUDING REQUIRED COMMUNICATIONS OF THEIR PROGRESS AND SITE VISITS. X X true true X X false true false J Berrye Worsham President & Ceo 459899 0 47400 0 67489 0 95225 0 12327 0 682340 0 0 0 David Byrd SR. VP & CFO 225123 0 21228 0 8723 0 45447 0 20978 0 321499 0 0 0 John Morgans VP Admin & Assist to President 188061 0 19583 0 17424 0 37363 0 19838 0 282269 0 0 0 Richmond Hendee SR. VP Consumer Mktg. 228816 0 38757 0 26448 0 49563 0 26080 0 369664 0 0 0 Kater Hake VP Agricultural/Env. Research 225721 0 16039 0 16572 0 57888 0 24248 0 340468 0 0 0 Mark Messura SR. VP Global Supply Chain 238159 0 22919 0 14071 0 52245 0 36434 0 363828 0 0 0 Robert Tyndall VP Prod Dev & Implem. 167048 0 13663 0 24196 0 29505 0 11790 0 246202 0 0 0 Michael Watson VP Fiber Competition 167507 0 11885 0 14783 0 34645 0 20479 0 249299 0 0 0 Kimberly S Kitchings VP Corp Strategy & Prog Metric 166128 0 16572 0 7588 0 28924 0 31702 0 250914 0 0 0 Katsuro Ishida VP Supply Chain Mktg Asia 150355 0 24035 0 154298 0 7351 0 11632 0 347671 0 0 0 John Chiavacci CTO 140558 0 10351 0 2590 0 32528 0 28015 0 214042 0 0 0 edward Barnes dir., agricult/envir research 139957 0 9009 0 2771 0 29046 0 28008 0 208791 0 0 0 PART I, LINE 1a The Company provides for business class tickets for all employees on select international trips, which include first-class tickets when domestic travel is involved on those itineraries. Tax gross-up payments are made for reimbursable medical expenses to select employees. PART I, LINE 4 J. Berrye Worsham participates in a SERP and had contributions of $50,000 to the Plan in 2016. FORM 990, PART I, LINE 1: DESCRIPTION OF ORGANIZATION MISSION: COTTON INCORPORATED, FUNDED BY U.S. GROWERS OF UPLAND COTTON AND IMPORTERS OF COTTON AND COTTON TEXTILE PRODUCTS, IS THE RESEARCH AND MARKETING COMPANY REPRESENTING UPLAND COTTON. THE PROGRAM IS DESIGNED AND OPERATED TO IMPROVE THE DEMAND FOR AND PROFITABILITY OF COTTON. FORM 990, PART VI, SECTION B, LINE 11: EXPLANATION: THE FORM 990 IS REVIEWED IN DETAIL WITH THE COMPANY'S AUDIT COMMITTEE AFTER COMPLETION AT THE AUGUST BOARD OF DIRECTORS MEETING FOR APPROVAL PRIOR TO FILING. SUBSEQUENT TO REVIEW, THE CHAIRMAN OF THE AUDIT COMMITTEE WILL INFORM THE COMPLETE BOARD OF DIRECTORS OF THE PROCEEDINGS AND OUTCOME. FORM 990, PART VI, SECTION B, LINE 12C: EXPLANATION: ALL DIRECTORS ARE REQUIRED TO ATTEST THAT THEY ARE FREE OF ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15: EXPLANATION: An independent compensation committee determines compensation for all employees of the Company. The compensation committee engages an outside consultant to provide recommendations based on comparable pay information as well. Minutes of their meetings are maintained. FORM 990, PART VI, SECTION C, LINE 19: EXPLANATION: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST BY AN APPROPRIATE PARTY. FORM 990, PART XII, LINE 2C: EXPLANATION: THERE HAVE BEEN NO CHANGES DURING THE YEAR IN THE PROCESS FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS. FORM 990, PART III, LINE 4D: OTHER PROGRAM SERVICES OTHER PROGRAM SERVICES INCLUDE research and development AND CORPORATE SERVICES. Trolinder Trust Fund 6399 Weston Parkway Cary NC 27513 306017258 Cotton biotec NC 501(c)(3) LINE 11c NA false false false false false false false false false false false false true true false false false false false false