2016-11-14T20:53:05-06:00 2015-12-31 410746749 CLIFTONLARSONALLEN LLP 4250 N FAIRFAX DRIVE SUITE 1020 ARLINGTON VA 22203 990 2015-01-01 136095316 AMERICAN HOTEL AND LODGING EDUCATIONAL FOUNDATION INC AMER 2022893100 1250 I STREET NW NO 1100 WASHINGTON DC 20005 JOORI JEON PRESIDENT & CHIEF OPERATING OFFICER 2022893100 2016-11-04 1 DAVID TRIMNER CPA P00444822 5712279500 2015 2017-02-10 21:41:12Z JOORI JEON 1250 I STREET NW NO 1100 WASHINGTON DC 20005 9957920 0 X WWW.AHLEF.ORG X 1953 NY HELPS PEOPLE BUILD CAREERS THAT IMPROVE LIVES AND STRENGTHENS THE LODGING INDUSTRY. 16 16 3 16 0 0 1630576 1981441 0 0 1236342 1476611 -250389 -188899 2616529 3269153 1019989 1253353 0 0 248657 259305 65000 157500 318478 466692 529480 1800338 2199638 816191 1069515 21954381 21656059 354051 521353 21600330 21134706 X THE AMERICAN HOTEL & LODGING EDUCATIONAL FOUNDATION (AH&LEF) HAS SERVED AS THE CHARITABLE ARM FOR THE HOTEL AND LODGING INDUSTRY FOR OVER 60 YEARS. WITH A MISSION DEDICATED TO HELPING PEOPLE BUILD CAREERS THAT IMPROVE THEIR LIVES AND STRENGTHEN THE LODGING INDUSTRY, THE FOUNDATION HAS DISBURSED MORE THAN $20 MILLION THROUGH ITS PROGRAMS SINCE ITS INCEPTION. IN 2015, THE FOUNDATION AWARDED MORE THAN $1.25 MILLION TOWARD SCHOLARSHIPS, EDUCATIONAL PROGRAMMING, WORKFORCE/PROFESSIONAL DEVELOPMENT, CUTTING-EDGE RESEARCH PROJECTS AND GRANTS. 0 0 1052853 1052853 GRANTS AND SCHOLARSHIPS: AH&LEF AWARDED ACADEMIC SCHOLARSHIPS TO 380 PROMISING HOSPITALITY MANAGEMENT STUDENTS ATTENDING 98 COLLEGES AND UNIVERSITIES ACROSS THE COUNTRY. ADDITIONALLY, 16 HOTEL EMPLOYEES RECEIVED PROFESSIONAL DEVELOPMENT SCHOLARSHIPS FOR CERTIFICATION AND DISTANCE LEARNING. TEN SCHOLARSHIP RECIPIENTS WERE SELECTED TO ATTEND THE 2015 LODGING CONFERENCE TO NETWORK WITH INDUSTRY LEADERS AND LEARN ABOUT IMPORTANT INDUSTRY ISSUES. 116500 116500 WORKFORCE DEVELOPMENT INITIATIVE: SKILLS, TASK AND RESULTS TRAINING (START) IS A ONE-YEAR PROGRAM, WHICH PREPARES BOTH HIGH SCHOOL AND WORKFORCE DEVELOPMENT STUDENTS TO ENTER THE INDUSTRY AND TRAINS ENTRY-LEVEL WORKERS, WELFARE-TO-WORK PARTICIPANTS, AND DISPLACED WORKERS. THE START PROGRAM HAS BEEN INTRODUCED IN 382 SCHOOLS AND WORKFORCE CENTERS NATIONWIDE.MORE THAN 7,400 CREDENTIALS WERE AWARDED TO STUDENTS ENROLLED IN SCHOOL-TO-CAREER AND WORKFORCE DEVELOPMENT PROGRAMS THROUGH THESE PROGRAMS IN 2015. 84000 84000 HIGH SCHOOL INITIATIVES: THE HOSPITALITY AND TOURISM MANAGEMENT PROGRAM (HTMP) IS THE OFFICIAL INDUSTRY-RECOGNITION CURRICULUM TO PREPARE HIGH SCHOOL STUDENTS FOR ROLES IN THE HOSPITALITY INDUSTRY AND IS OFFERED IN 518 HIGH SCHOOLS. EACH YEAR TOP PERFORMING HIGH SCHOOLS MEET IN ORLANDO FOR TWO DAYS OF INTENSE COMPETITION THAT PUTS THE STUDENTS' REAL WORLD KNOWLEDGE OF THE INDUSTRY TO THE TEST. THE WINNING 2015 TEAM, FOR THE SECOND CONSECUTIVE YEAR, WAS ANATOL RODGERS HIGH SCHOOL IN THE BAHAMAS. 1253353 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 20 0 3 1 0 0 0 0 0 1 1 0 0 X 16 16 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 AK AL AR CA CT FL GA HI IL KS KY MA MD MI MN MS NC NH NJ NM NY OK OR PA RI SC TN UT VA WI WV X X JOORI JEON 2022893100 1250 I STREET NW SUITE 1100 WASHINGTON DC 20005 MINAZ ABJI CHAIRMAN OF THE BOARD 1.00 2.00 X X 0 0 0 S KIRK KINSELL VICE-CHAIRMAN OF THE BOARD 1.00 1.00 X X 0 0 0 PAUL KIRWIN SECRETARY/TREASURER 1.00 2.00 X X 0 0 0 JAMES ABRAHAMSON BOARD MEMBER 1.00 2.00 X 0 0 0 GEOFF BALLOTTI BOARD MEMBER 1.00 2.00 X 0 0 0 JOE BERGER BOARD MEMBER 1.00 1.00 X 0 0 0 LYNNE DOUGHERTY BOARD MEMBER 1.00 1.00 X 0 0 0 ANTHONY A FALOR BOARD MEMBER 1.00 1.00 X 0 0 0 CHUCK FLOYD BOARD MEMBER 1.00 1.00 X 0 0 0 MARC J GORDON BOARD MEMBER 1.00 2.00 X 0 0 0 KEVIN P HANLEY BOARD MEMBER 1.00 1.00 X 0 0 0 JILL HEYMER BOARD MEMBER 1.00 1.00 X 0 0 0 DAVE JOHNSON BOARD MEMBER 1.00 2.00 X 0 0 0 NANCY JOHNSON CHA BOARD MEMBER 1.00 1.00 X 0 0 0 ROBERT OHALLORAN BOARD MEMBER 1.00 1.00 X 0 0 0 NEIL SHAH BOARD MEMBER 1.00 1.00 X 0 0 0 JOORI JEON PRESIDENT/CHIEF OPERATING OFFICER 4.00 36.00 X 0 370380 39525 KATHERINE LUGAR CHIEF EXECUTIVE DIRECTOR OF AH&LA 4.00 36.00 X 0 679740 43945 ROBERT L STEELE III PRESIDENT/COO OF EDU. INST. 4.00 36.00 X 0 441268 40885 MICHELLE POINELLI SENIOR VP OF THE FOUNDATION 40.00 0.00 X 138286 0 32214 138286 1491388 156569 1 0 1 0 COMMUNITY COUNSELLING SERVICE CO LLC PO BOX 824885 PHILADELPHIA PA 19182 FUNDRAISING 157500 1 404162 871083 706196 272391 1981441 458167 458167 7072751 6054307 1018444 1018444 1018444 445561 404162 634460 -188899 -188899 3269153 0 0 1287712 519025 519025 734328 734328 209129 171486 37643 10189 8355 1834 24730 20279 4451 15257 12511 2746 1890 1890 88091 88091 157500 157500 87363 87363 44247 44247 26471 20994 5477 17291 17291 10005 10005 217654 108827 108827 6157 6157 ADMINISTRATIVE FEES 17266 17266 STATE SOLICITATION & RE 12207 12207 DUES AND SUBSCRIPTIONS 838 838 2199638 1253353 627807 318478 125153 134284 755003 778061 347700 85781 56246 5571 25000 6500 6500 0 0 19937528 19294689 1045345 1020079 21954381 21656059 211804 402876 71696 71696 70551 46781 354051 521353 X 13449999 13192806 3471040 3167609 4679291 4774291 21600330 21134706 21954381 21656059 1069515 -1535139 0 X 0 1 X 1 0 X X 1 AMERICAN HOTEL & LODGING ASSOCIATION 130432130 9 1 0 0 1 0 0 1 1 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 PART I, LINE 11G, COLUMN (VI), OTHER SUPPORT: RENT, DEPRECIATION, INSURANCE, IT OFFICE AND COMPUTER SUPPLIES/SOFTWARE, GENERAL OFFICE SUPPLIES/MAINTENANCE, AND A PORTION OF SALARIES AND TRAVEL FOR THE FOLLOWING EMPLOYEES: CFO, CEO, FINANCE ADMIN, OPERATIONS MANAGER, COMMUNICATIONS DEPARTMENT, CONVENTIONS AND MEETINGS DEPARTMENT, BUSINESS DEVELOPMENT VP, IT DEPARTMENT. PART IV, SECTION A, LINE 2: THE SUPPORTED ORGANIZATION IS EXEMPT UNDER SECTION 501(C)(6), SEE BELOW. PART IV, SECTION A, LINE 3B: DURING THE PREPARATION OF THE TAX RETURN, THE ORGANIZATION CALCULATED THE SUPPORT TEST DESCRIBED IN SECTION 509(A)(2) FOR THE SUPPORTED ORGANIZATION. THE SUPPORTED ORGANIZATION HAS A PUBLIC SUPPORT PERCENTAGE FOR 2015 OF 55.16% AND AN INVESTMENT INCOME PERCENTAGE FOR 2015 OF 4.86%. PART IV, SECTION A, LINE 3C: NO MONETARY SUPPORT WAS GIVEN TO THE SUPPORTED ORGANIZATION DURING 2015. PART IV, SECTION A, LINE 6: THE FOUNDATION PROVIDED SUPPORT TO OTHER ORGANIZATIONS BASED ON ALIGNMENT WITH ITS MISSION AND OPERATIONS. SEE FURTHER DETAIL ON SCHEDULE I. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8025951 108250 -63528 260416 7810257 7770258 16850 525275 100014 186418 8025951 6663065 244697 1077183 214687 7770258 6100279 57749 720030 214993 6663065 6304327 36461 -54809 185700 6100279 0.00000 0.61130 0.38870 0 0 6500 6500 0 0 DUE TO AFFILIATES 46781 46781 X PART V, LINE 4: PROVIDE SCHOLARSHIPS AND GRANTS FOR EDUCATION IN THE INDUSTRY. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON EXEMPT ACTIVITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(3) OF THE CODE. THE ORGANIZATION EVALUATED ITS TAX POSITIONS AND DETERMINED THE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED ON EXAMINATION. X 1 COMMUNITY COUNSELLING SERVICE CO LLC POBOX 824885 PHILADELPHIA PA 191824885 FUNDRAISING FEASIBILITY STUDY 0 347666 157500 190166 347666 157500 190166 AL AK AR CA CT FL GA HI IL KS KY MA MD MI MN MS NC NH NJ NM NY OK OR PA RI SC TN UT VA WI WV GOLF CLASSIC 466330 131771 334559 27149 301975 12524 BIG APPLE SILENT AUCTION 383393 272391 111002 6704 286108 849723 404162 445561 27149 308679 298632 634460 -188899 1 AMERICAN HOTEL & LODGING EDUCATIONAL INSTITUTE 800 N MAGNOLIA AVENUE SUITE 300 ORLANDO FL 32803 381557821 501(C)3 205500 FUNDING WAS AWARDED TO SUPPORT THE EDUCATIONAL INSTITUTE'S WORKFORCE DEVELOPMENT AND HIGH SCHOOL PROGRAM INITIATIVES, WHICH PROVIDES ENTRY-LEVEL TRAINING TO A VARIETY OF INDIVIDUALS INCLUDING, YOUTH, IMMIGRANTS, AND REFUGEES, FORMERLY HOMELESS ADULTS, PRISON INMATES, PEOPLE WITH DISABILITIES, DISPLACED WORKERS AND MILITARY VETERANS. CALIFORNIA HOTEL & LODGING ASSOCIATION 414 29TH STREET SACRAMENTO CA 95816 950598148 501(C)6 22320 A GRANT WAS AWARDED TO STUDY SAFEFY TRAINING FOR HOTEL HOUSEKEEPERS. INTERNATIONAL SOCIETY OF HOTEL ASSOCIATION EXECUTIVES 374 MARLBOROUGH STREET BOSTON MA 02115 521228591 501(C)6 5000 FUNDING TO SUPPORT THE EDUCATIONAL COMPONENT OF THE INTERNATIONAL SOCIETY OF HOTEL ASSOCIATION EXECUTIVES WINTER CONFERENCE. IN 2015, AN EDUCATIONAL SPEAKER DELIVERED A SESSION ON LEADER EXCELLENCE. ADDITIONAL TOPICS THAT WERE PRESENTED INCLUDED CUSTOMER RELATIONS, ORGANIZATION SKILLS, LEADERSHIP, TECHNOLOGY, AND CEO BEST PRACTICES. KALIBRI LABS 1 CHURCH STREET SUITE 101 ROCKVILLE MD 20850 454301420 57700 A GRANT TO EVALUATE THE ECONOMIC IMPACT OF SHORT-TERM ONLINE RENTALS IN THE 10 LARGEST CITIES IN THE U.S. STR ANALYTICS 11001 WEST 120TH AVENUE SUITE 250 BROOMFIELD CO 80021 621376327 15000 (1) TO CONDUCT ONE OF THE MOST COMPREHENSIVE SURVEYS IN THE INDUSTRY, WHICH COLLECTS INFORMATION ON HOTEL SERVICES, FACILITIES, AND AMENITIES.(2) TO DETERMINE THE NUMBER OF HOTELS THAT ARE CURRENTLY SMALL BUSINESSES.(3) TO COMPILE THE CURRENT LODGING TAX RATES AROUND THE COUNTRY AND DOCUMENT THE EFFECTS OF DRAMATIC INCREASES ON SEVERAL CITIES. THE MAHER GROUP LLC 825 COACHWAY ANNAPOLIS MD 21401 263237717 27104 A GRANT TO ESTABLISH A PROGRAM TO AID HOTELIERS TO BECOME MORE ECO-FRIENDLY AND PROTECT THE ENVIRONMENT. THE MAHER GROUP ADVANCED MULTIPLE GREEN INITIATIVES INCLUDING INCREASING LEED-CERTIFIED HOTELS, HOTEL PARTICIPATION IN THE GREEN KEY GLOBAL AND TRIPADVISOR PROGRAMS, AND AHLEI ENERGY UNIVERSITY GRADUATES. 1 5 SCHOLARSHIPS 366 733219 PART I, LINE 2: AMERICAN HOTEL AND LODGING EDUCATION FOUNDATION (AH&LEF) ACADEMIC SCHOLARSHIPS ARE DISBURSED IN TWO EQUAL PAYMENTS: THE FIRST IN SEPTEMBER AND THE SECOND IN DECEMBER. THE CHECKS ARE MADE PAYABLE TO BOTH THE STUDENTS AND SCHOOLS AND MUST BE ENDORSED BY BOTH PARTIES. THE CHECKS ARE SENT DIRECTLY TO THE SCHOOLS WHICH MUST VERIFY THE STUDENT'S ENROLLMENT PRIOR TO DISBURSING THE CHECK. ALL MONIES MUST BE USED FOR THE PAYMENT OF TUITION, FEES, AND BOOKS. ANY REMAINING FUNDS MUST BE RETURNED TO AH&LEF. FUNDING AGREEMENTS ARE SIGNED FOR ALL GRANTS DISBURSED THROUGH AH&LEF'S RESEARCH AND PROJECT FUNDING PROGRAM. TYPICALLY AH&LEF WILL DISBURSE 50% OF THE GRANT UPON RECEIPT OF THE SIGNED AGREEMENT, 25% UPON RECEIPT OF THE PROGRESS REPORT, AND THE REMAINING 25% UPON RECEIPT OF THE FINAL DELIVERABLE AS DEFINED IN THE AGREEMENT. ADDITIONALLY, AH&LEF REQUESTS EACH GRANTEE TO COMPLETE A POST EVALUATION REPORT WHICH GIVES A BRIEF DESCRIPTION OF THE PROJECT AS WELL AS ITS RESULTS AND BENEFITS. 1 0 0 0 0 0 0 0 0 JOORI JEON PRESIDENT/CHIEF OPERATING OFFICER 0 336077 0 30000 0 4303 0 15900 0 23625 0 409905 0 0 KATHERINE LUGAR CHIEF EXECUTIVE DIRECTOR OF AH&LA 0 518942 0 150000 0 10798 0 15900 0 28045 0 723685 0 0 ROBERT L STEELE III PRESIDENT/COO OF EDU. INST. 0 245670 0 67943 0 127655 0 11493 0 29392 0 482153 0 0 MICHELLE POINELLI SENIOR VP OF THE FOUNDATION 136467 0 0 0 1819 0 8274 0 23940 0 170500 0 0 0 PART I, LINE 4A ROBERT L. STEELE III'S SEVERANCE PAYMENT: $69,511 X VARIOUS AUCTION ITEMS 234 272391 FMV 1 0 0 FORM 990, PART VI, SECTION A, LINE 6 EACH PERSON SIGNING THE CERTIFICATE OF INCORPORATION SHALL BE A MEMBER OF THE CORPORATION. AS A RESULT OF VOLUNTARY WITHDRAWALS OF SIGNING MEMBERS, THE AMERICAN HOTEL AND LODGING ASSOCIATION IS THE SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 7A ANY INDIVIDUAL, CORPORATION OR ASSOCIATION WHO OR WHICH IS OR AT ANY TIME HAS BEEN CONNECTED IN ANY WAY WITH THE HOTEL BUSINESS MAY BE ELECTED A MEMBER OF THE CORPORATION IF SUCH INDIVIDUAL'S, CORPORATION'S OR ASSOCIATION'S NAME BE PROPOSED AS SUCH AT ANY MEETING OF THE MEMBERS AT WHICH A QUORUM IS PRESENT, AND IF SUCH INDIVIDUAL'S, CORPORATION'S OR ASSOCIATION'S ELECTION BE APPROVED BY A MAJORITY OF THE MEMBERS PRESENT. FORM 990, PART VI, SECTION A, LINE 7B THE ENTIRE DIRECTION AND MANAGEMENT OF THE AFFAIRS OF THE CORPORATION SHALL BE VESTED IN ITS BOARD OF TRUSTEES, WHO SHALL HAVE COMPLETE DISCRETION TO DETERMINE ALL EXPENDITURES, DISBURSEMENTS OR DISTRIBUTIONS TO BE MADE IN CARRYING OUT THE PURPOSE OF THE CORPORATION, SUBJECT TO RATIFICATION BY THE MEMBERS WHERE APPROPRIATE AND LAWFUL. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD DELEGATED THE REVIEW OF FORM 990 TO THE AUDIT AND CERTIFICATION & CREDENTIALS COMMITTEE (ACC) THE RESPONSIBILITY TO REVIEW THE RETURN BEFORE FILING. THE ACC REVIEWS THE ENTIRE RETURN AND DIRECTS ANY QUESTIONS TO THE PRESIDENT. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS ALL EMPLOYEES ARE GIVEN THE CONFLICT OF INTEREST POLICY AND ARE REQUIRED TO SIGN THE ACKNOWLEDGMENT FORM INDICATING THAT THEY HAVE READ AND UNDERSTAND THE POLICY AND GUIDELINES. ADDITIONALLY, THE POLICY IS IN THE EMPLOYEE HANDBOOK THAT THEY, ON AN ANNUAL BASIS, MUST REVIEW AND SIGN. SHOULD A CONFLICT OF INTEREST BE BROUGHT TO THE FOUNDATION'S ATTENTION, ALL LEGAL GUIDELINES WILL BE FOLLOWED ACCORDING TO THE POLICY SET FORTH IN THE EMPLOYEE HANDBOOK, BOARD MEMBERS ARE REQUIRED TO SIGN ACKNOWLEDGEMENT OF THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. THE POLICY IS ALSO INCLUDED IN THE BOARD AGENDA AT ALL GOVERNANCE MEETINGS ALONG WITH THE ANTI-TRUST LAW AS A REMINDER OF THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 A COMMITTEE MADE UP OF THE CHAIR, VICE CHAIR, IMMEDIATE PAST CHAIR AND TREASURER/SECRETARY OF AH&LA (A RELATED ORGANIZATION) REVIEWS THE "ASSOCIATION EXECUTIVE COMPENSATION & BENEFITS STUDY" PUBLISHED BY THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES. THIS STUDY EXAMINES THE SALARIES AND EMPLOYMENT BENEFITS OF CHIEF EXECUTIVE OFFICERS OF NON-PROFIT ORGANIZATIONS, AS WELL AS OTHER KEY POSITIONS. THE STUDY IS BROKEN DOWN INTO GEOGRAPHIC LOCATION OF NON-PROFIT ORGANIZATIONS AND BUDGET SIZE. THE COMPENSATION AND BENEFITS OF THE CEO ARE MEASURED AGAINST THE RESULTS OF THE STUDY. ADDITIONALLY, THE BOARD OF DIRECTORS OF AH&LA GIVES ITS FINAL APPROVAL IN HIRING THE CEO AND DETERMINES HIS/HER COMPENSATION. WITH RESPECT TO OTHER EMPLOYEES OF THE FOUNDATION AND RELATED ORGANIZATIONS, THE CEO SETS THEIR COMPENSATION. THE KEY EMPLOYEES OF THE FOUNDATION AND RELATED ORGANIZATIONS RECEIVE THE SAME BENEFITS THAT THE ENTIRE STAFF OF SUCH ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. AMERICAN HOTEL AND LODGING EDUCATIONAL INSTITUTE 800 N MAGNOLIA AVENUE SUITE 300 ORLANDO FL 32803 381557821 HOSPITALITY TRAINING FL 501(C)(3) LINE 11A, I AMERICAN HOTEL & LODGING ASSOCIATION 0 AMERICAN HOTEL AND LODGING ASSOCIATION 1250 I STREET NW SUITE 1100 WASHINGTON DC 20005 130432130 MEMBERSHIP ORGANIZATION NY 501(C)(6) N/A 0 AMERICAS LODGING INVESTMENT SUMMIT LLC 2900 BRISTOL STREET SUITE D1010 COSTA MESA CA 92626 522313996 INDUSTRY RELATED CONFERENCING CA AMERICAN HOTEL & LODGING ASSOCIATION RELATED 0 0 AMERICAN HOTEL & LODGING ASSOCIATION DIRECTORY CORPORATION 1250 I STREET NW SUITE 1100 WASHINGTON DC 200053931 130432100 PUBLISHER NY AMERICAN HOTEL & LODGING ASSOCIATION C 0 0 1 1 0 0 0 0 0 0 1 1 1 1 1 1 1 1 1 1 AMERICAN HOTEL & LODGING ASSOCIATION C 871083 CASH AMERICAN HOTEL & LODGING ASSOCIATION K 335346 CASH AMERICAN HOTEL & LODGING ASSOCIATION O 217654 CASH AMERICAN HOTEL & LODGING ASSOCIATION P 277000 CASH AMERICAN HOTEL & LODGING ASSOCIATION R 285000 CASH AMERICAN HOTEL & LODGING ASSOCIATION EDUCATIONAL INSTITUTE B 205500 CASH