2016-02-11T14:45:23-06:00 2015-06-30 231980475 KREISCHER MILLER 100 WITMER ROAD SUITE 350 HORSHAM PA 190442369 990 2014-07-01 231352013 AMERICAN LAW INSTITUTE AMER 2152431600 4025 CHESTNUT STREET PHILADELPHIA PA 19104 WALLACE JEFFERSON TREASURER 2152431600 2016-02-08 1 KEVIN MCGINN P00440382 2154414600 2014 2016-04-25 22:37:26Z ROBERTA COOPER RAMO 4025 CHESTNUT STREET PHILADELPHIA PA 19104 28687502 0 X WWW.ALI.ORG X 1923 DC THE AMERICAN LAW INSTITUTE IS THE LEADING INDEPENDENT ORGANIZATION IN THE UNITED STATES PRODUCING SCHOLARLY WORK TO CLARIFY, MODERNIZE, AND OTHERWISE IMPROVE THE LAW. THE INSTITUTE (MADE UP OF OVER 4,300 LAWYERS, JUDGES, AND LAW PROFESSORS OF THE HIGHEST QUALIFICATIONS) DRAFTS, DISCUSSES, REVISES, AND PUBLISHES RESTATEMENTS OF THE LAW, MODEL STATUTES, AND PRINCIPLES OF LAW THAT ARE ENORMOUSLY INFLUENTIAL IN THE COURTS AND LEGISLATURES, AS WELL AS IN LEGAL SCHOLARSHIP AND EDUCATION. THE INSTITUTE THROUGH ITS ALI CLE OPERATING GROUP PROVIDES EDUCATION FOR THE LEGAL PROFESSION THROUGHOUT THE UNITED STATES 64 64 98 3800 11446 10446 927312 1348872 11267147 9918801 8272593 1847152 681884 719698 21148936 13834523 978681 1005649 0 0 7214808 7280942 0 0 114757 5973234 6279773 14166723 14566364 6982213 -731841 63745137 62453660 4946065 4943860 58799072 57509800 X THE INSTITUTE'S MISSION, AS SET OUT IN ITS CERTIFICATE OF INCORPORATION, IS TO PROMOTE THE CLARIFICATION AND SIMPLIFICATION OF THE LAW AND ITS BETTER ADAPTATION TO SOCIAL NEEDS, TO SECURE THE BETTER ADMINISTRATION OF JUSTICE, AND TO ENCOURAGE AND CARRY ON SCHOLARLY AND SCIENTIFIC LEGAL WORK. 0 0 4422031 846060 3870890 ALI: THE INSTITUTE PRODUCES DRAFTS, DISCUSSES, AND PUBLISHES RESTATEMENTS OF THE LAW, MODEL STATUTES AND PRINCIPLES OF THE LAW. ALI MEMBERS TAKE AN ACTIVE PART IN ALI ACTIVITIES BY REVIEWING AND COMMENTING ON PROJECT DRAFTS, PARTICIPATING IN MEETINGS TO DISCUSS DRAFTS, AND ATTENDING ANNUAL MEETINGS WHERE ALI'S WORK IS DEBATED AND VOTED ON. 6065436 159589 6552539 ALI CLE: THE INSTITUTE, THROUGH ALI CLE, PROVIDES EDUCATION FOR THE LEGAL PROFESSION THROUGHOUT THE UNITED STATES, OFFERING IN-PERSON COURSES, WEBCASTS, TELEPHONE SEMINARS, ON-DEMAND PROGRAMS, ONLINE MATERIALS, AND PERIODICALS. ALI CLE HELD APPROXIMATELY 39 IN-PERSON COURSES ATTENDED BY APPROXIMATELY 2,300 REGISTRANTS. THERE WERE OVER 50,000 USERS OF ALI CLE'S ONLINE PROGRAMS AND SERVICES. 10487467 1 1 0 0 0 0 0 0 1 1 1 1 0 0 1 1 0 1 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 166 0 1 98 1 1 1 0 0 0 0 0 0 0 0 0 X 64 64 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 1 1 AK AL AR AZ CA CO CT DC FL GA HI IL KS KY LA MA MD ME MI MN MO MS NC ND NH NJ NM NY OH OK OR PA RI SC TN UT VA WA WI WV X AMERICAN LAW INST STEPHANIE MIDDLETON DEPUTY DIRECTOR 2152431600 4025 CHESTNUT STREET PHILADELPHIA PA 19104 KENNETH S ABRAHAM COUNCIL 2.00 X 0 0 0 SUSAN FRELICH APPLETON COUNCIL 3.00 X 0 0 0 KIM J ASKEW COUNCIL 2.00 X 0 0 0 JOSE I ASTIGARRAGA COUNCIL 2.00 X 0 0 0 SCOTT BALES COUNCIL 2.00 X 0 0 0 JOHN H BEISNER COUNCIL 2.00 X 0 0 0 AMELIA H BOSS COUNCIL 2.00 X 0 0 0 ELIZABETH J CABRASER COUNCIL 2.00 X 0 0 0 EVAN R CHESLER COUNCIL 2.00 X 0 0 0 N LEE COOPER COUNCIL 2.00 X 0 0 0 MARIANO-FLORENTINO CUELLAR COUNCIL 2.00 X 0 0 0 GEORGE H T DUDLEY COUNCIL 2.00 X 0 0 0 IVAN K FONG COUNCIL 2.00 X 0 0 0 KENNETH C FRAZIER COUNCIL 2.00 X 0 0 0 ELIZABETH GARRETT COUNCIL 2.00 X 0 0 0 STEPHEN S GENSLER COUNCIL 2.00 X 0 0 0 YVONNE GONZALEZ ROGERS COUNCIL 3.00 X 0 0 0 ANTON G HAJJAR COUNCIL 2.00 X 0 0 0 TERESA WILTON HARMON COUNCIL 2.00 X 0 0 0 GEOFFREY C HAZARD JR COUNCIL 2.00 X 0 0 0 D BROCK HORNBY COUNCIL 3.00 X 0 0 0 WILLIAM C HUBBARD COUNCIL 2.00 X 0 0 0 SAMUEL ISSACHAROFF COUNCIL 2.00 X 0 0 0 MARY KAY KANE COUNCIL 2.00 X 0 0 0 MICHELE C KANE COUNCIL 2.00 X 0 0 0 CAROLYN DINEEN KING COUNCIL 2.00 X 0 0 0 HAROLD HONGJU KOH COUNCIL 2.00 X 0 0 0 CAROLYN B KUHL COUNCIL 2.00 X 0 0 0 CAROLYN B LAMM COUNCIL 2.00 X 0 0 0 DEREK P LANGHAUSER COUNCIL 2.00 X 0 0 0 CAROL F LEE COUNCIL 2.00 X 0 0 0 DAVID F LEVI COUNCIL 2.00 X 0 0 0 LANCE LIEBMAN COUNCIL 2.00 X 0 0 0 GOODWIN LIU COUNCIL 2.00 X 0 0 0 RAYMOND J LOHIER JR COUNCIL 2.00 X 0 0 0 GERARD E LYNCH COUNCIL 2.00 X 0 0 0 MARGARET H MARSHALL COUNCIL 2.00 X 0 0 0 LORI A MARTIN COUNCIL 2.00 X 0 0 0 M MARGARET MCKEOWN COUNCIL 2.00 X 0 0 0 JOHN J MCKETTA III COUNCIL 3.00 X 0 0 0 DANIEL J MELTZER COUNCIL 2.00 X 0 0 0 JUDITH A MILLER COUNCIL 3.00 X 0 0 0 KATHRYN A OBERLY COUNCIL 3.00 X 0 0 0 KATHLEEN M O'SULLIVAN COUNCIL 2.00 X 0 0 0 HARVEY S PERLMAN COUNCIL 2.00 X 0 0 0 DAVID W RIVKIN COUNCIL 2.00 X 0 0 0 DANIEL B RODRIGUEZ COUNCIL 2.00 X 0 0 0 GARY L SASSO COUNCIL 2.00 X 0 0 0 MARY M SCHROEDER COUNCIL 2.00 X 0 0 0 ANTHONY J SCIRICA COUNCIL 2.00 X 0 0 0 MARSHA E SIMMS COUNCIL 2.00 X 0 0 0 ROBERT H SITKOFF COUNCIL 2.00 X 0 0 0 JANE STAPLETON COUNCIL 2.00 X 0 0 0 LAURA STEIN COUNCIL 2.00 X 0 0 0 LARRY S STEWART COUNCIL 2.00 X 0 0 0 ELIZABETH S STONG COUNCIL 2.00 X 0 0 0 CATHERINE T STRUVE COUNCIL 2.00 X 0 0 0 DAVID K Y TANG COUNCIL 2.00 X 0 0 0 SARAH S VANCE COUNCIL 2.00 X 0 0 0 BILL WAGNER COUNCIL 2.00 X 0 0 0 SETH P WAXMAN COUNCIL 2.00 X 0 0 0 STEVEN O WEISE COUNCIL 3.00 X 0 0 0 DIANE P WOOD COUNCIL 3.00 X 0 0 0 ROBERTA COOPER RAMO PRESIDENT & COUNCIL 16.00 X X 0 0 0 ALLEN D BLACK 1ST VP (THROUGH 5/20/15) & COUNCIL 5.00 X X 0 0 0 DOUGLAS LAYCOCK 1ST VPBEG 521 /15) 2ND VP(THRU 5/20/15),& COUNCIL 5.00 X X 0 0 0 LEE H ROSENTHAL 2ND VP (BEGINNING 5/21/15) & COUNCIL 5.00 X 0 0 0 WALLACE B JEFFERSON TREASURER & COUNCIL 5.00 X X 0 0 0 PAUL L FRIEDMAN SECRETARY & COUNCIL 5.00 X X 0 0 0 RICHARD L REVESZ DIRECTOR 30.00 X 199256 0 12250 STEPHANIE A MIDDLETON DEPUTY DIRECTOR 50.00 X 266545 0 18200 NANCY MULLOY-BONN DIRECTOR OF ALI-CLE 35.00 X 204784 0 27090 MARIANNE WALKER PUBLICATIONS DIRECTOR 35.00 X 158156 0 10850 DEANNE DISSINGER ASSOCIATE DEPUTY DIRECTOR 35.00 X 142554 0 16692 LESLIE BELASCO CHIEF OF CONTENT PRODUCTION 35.00 X 146753 0 10125 SHANNON DUFFY COMMUNICATIONS DIRECTOR 35.00 X 132804 0 16478 KEITH BOHL TECHNOLOGY DIRECTOR 35.00 X 129286 0 12667 LANCE LIEBMAN FORMER DIRECTOR (THROUGH 5/21/14) 30.00 X 117086 0 8072 1497224 0 132424 12 1 1 0 PARADIGM-DIGITAL COLOR GRAPHICS 105 JAMES WAY SOUTHAMPTON PA 18966 PRINTING 378166 ROBERT HALF TECHNOLOGY INC 12400 COLLECTIONS CENTER DR CHICAGO IL 60693 TEMPORARY STAFFING 329404 YURCHAK PRINTING INC 920 LINKS AVENUE LANDSIVILLE PA 17538 PRINTING 214594 RIVERBEND MEDIA 187 COUNTRY BEND ROAD FARMINGTON UT 84025 WEBCAST SERVICE 195800 ADVANCED SEARCH & BUSINESS ANALYTICSLLC 10 CORPORATE PL S STE 106 PISCATAWAY NJ 08854 IT SERVICES 142979 6 481600 867272 1348872 CLE PROGRAMS, PRODUCTS, AND PARTN 611710 6305016 6293570 11446 ALI PUBLICATIONS AND RELATED ROYA 511120 3613785 3613785 9918801 1600459 1600459 565162 361538 203624 203624 203624 14387512 14140819 246693 246693 246693 866696 350622 516074 516074 13834523 10423429 11446 2050776 53147 53147 943979 943979 8523 8523 844768 540334 283028 21406 4816827 3198999 1558517 59311 285783 189797 92467 3519 924315 613865 299069 11381 409249 280038 123553 5658 170046 170046 95500 10715 84785 293062 293062 720398 720398 407990 218565 187758 1667 211273 29158 182115 32708 32617 91 273913 181439 88667 3807 570170 511211 58723 236 67295 47166 20129 1882350 1832742 48718 890 448877 297334 144661 6882 56023 56023 TEMPORARY HELP 328952 200394 128558 PRODUCTION AND TRANSMIS 295599 286265 9334 CONSULTANTS, HONORARIA, 195050 154164 40886 CREDIT CARD & BANKING F 135908 104308 31600 94659 32309 62350 14566364 10487467 3964140 114757 925078 749995 758578 867533 23229 15367 316625 318649 10151204 7153792 2865319 2997412 49987239 46478329 7635032 9644554 1234037 1381821 63745137 62453660 1695660 1628335 999076 1023704 22735 22735 2228594 2269086 4946065 4943860 X 43499067 44360964 14860634 12709465 439371 439371 58799072 57509800 63745137 62453660 -731841 -557431 0 X X 0 1 X 1 0 X 769137 891384 845412 927312 1348872 4782117 14897042 15563345 13162988 12111341 10785497 66520213 15666179 16454729 14008400 13038653 12134369 71302330 65705 68995 72195 76524 283419 0 65705 68995 72195 76524 283419 71018911 1295743 1385783 1771027 1709419 2165621 8327593 1295743 1385783 1771027 1709419 2165621 8327593 16961922 17840512 15779427 14748072 14299990 79629923 0.89190 0.90470 0.10460 0.09280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 19901641 245660 441872 2724623 17864550 19310466 244496 2448392 2101713 19901641 19004013 192911 1940967 1827425 19310466 18919940 1193477 179409 1288813 19004013 17266210 995183 1984729 1326182 18919940 0.43070 0.02460 0.54470 0 0 393750 393750 1703422 795595 2498188 829 1192807 3882155 3602434 1472528 2155823 1053170 1102653 27652 27652 2997412 HEDGE FUNDS AND LIMITED PARTNERSHIP 9644554 F 9644554 POST-RETIREMENT HEALTHCARE OBLIGATION 2269086 2269086 X PART X, LINE 2: FOR THE YEARS ENDED JUNE 30, 2015 AND 2014, ALI AND AMERICAN LAW INSTITUTE PUBLISHERS (ALIP) DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN AN INFORMATION RETURN OR IN AN INCOME TAX RETURN, RESPECTIVELY, WHICH WOULD REQUIRE ADJUSTMENT TO OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENT. IN ADDITION, ALI AND ALIP BELIEVE THAT THEY HAVE NOT ENGAGED IN ANY ACTIVITIES FOR WHICH ALI'S TAX-EXEMPT STATUS AND ALIP'S TAX STATUS AS A PASS THROUGH ENTITY WOULD NOT BE SUSTAINED UNDER EXAMINATION. ALI AND ALIP ARE POTENTIALLY SUBJECT TO FEDERAL, STATE, AND LOCAL EXAMINATIONS, AS APPLICABLE, FOR YEARS SUBSEQUENT TO JUNE 30, 2011. SCHEDULE D, PART IV, LINE 2B THE AMERICAN LAW INSTITUTE MAINTAINS AS LANDLORD AN ESCROW BANK ACCOUNT AS A SECURITY DEPOSIT FOR ONE OF ITS TENANTS, ELWYN INC. SCHEDULE D, PART V, LINE 4 IN ACCORDANCE WITH DONOR-IMPOSED RESTRICTIONS ON THE FALK ENDOWMENT, PRINCIPAL IS PERMANENTLY RESTRICTED AND INCOME MAY ONLY BE USED FOR PURPOSES OF THE PERMANENT EDITORIAL BOARD FOR THE UNIFORM COMMERCIAL CODE (PEB-UCC). THE CASNER FUND WAS ESTABLISHED TO PROVIDE FINANCIAL SUPPORT FOR AN ENDOWED CHAIR IN MEMORY OF PROFESSOR CASNER. THE WECHSLER FUND AND THE UNRESTRICTED PEB-UCC FUND HAVE BOARD-DESIGNATED SPENDING RESTRICTIONS. THE MELLON FUND IS A TEMPORARILY RESTRICTED FUND TO BE USED FOR THE RESTATEMENT PROJECTS. THE WINOGRAD YOUNG SCHOLARS FUND IS A TEMPORARILY RESTRICTED FUND TO BE USED FOR EXPENSES RELATING TO THE ALI YOUNG SCHOLARS MEDAL PROGRAM. 0 0 0 0 0 0 0 0 0 0 TRAVEL EXPENSE REIMBURSEMENT EUROPE (INCLUDING ICELAND & GREENLAND) 4 8523 CHECK/WIRE TRANSFER 0 0 0 1 0 0 1 UNIVERSITY OF PENNSYLVANIA 3451 WALNUT ST 433 FRANKLIN BUILDING PHILADELPHIA PA 19104 231352685 501(C)3 34647 THE CONTRIBUTION MADE TO THE UNIVERSITY OF PENNSYLVANIA WAS IN SUPPORT OF THE UNIVERSITY'S LIBRARY ARCHIVE DEPARTMENT WHICH MAINTAINS THE INSTITUTE'S ARCHIVES SMITHSONIAN INSTITUTION PO BOX 96805 WASHINGTON DC 20090 530206027 501(C)3 15000 THE CONTRIBUTION MADE TO THE SMITHSONIAN INSTITUTION WAS IN SUPPORT OF ITS SPECIAL EVENTS AND RECEPTIONS FUND FOR AN EVENT HELD AT THE SMITHSONIAN 2 THE AMERICAN LAW INSTITUTE PROVIDES FINANCIAL ASSISTANCE TO COVER TRAVEL EXPENSES FOR CERTAIN VOLUNTEERS WHO ATTEND ITS MEETINGS. ALI CLE OFFERS FULL AND PARTIAL SCHOLARSHIPS TO CERTAIN LAWYERS TO ATTEND ITS VARIOUS COURSES. 1317 49069 157559 50% OF TUITION COST TO ATTEND SEMINAR THE NON-CASH ASSISTANCE IS IN THE FORM OF A FULL SCHOLARSHIP THE AMERICAN LAW INSTITUTE PROVIDES STIPENDS TO REPORTERS AND RESEARCH ASSISTANTS AS PAYMENT FOR THEIR WORK PERFORMED ON ALI PROJECTS. 122 737351 AMOUNT IS BUDGETED BASED ON PROJECT AND WORK TO BE PERFORMED PART I, LINE 2: THE AMERICAN LAW INSTITUTE, INCLUDING ALI CLE, MAKES VOLUNTARY PAYMENTS TO 501(C)(3) ORGANIZATIONS AND INDIVIDUALS. GIVEN THEIR NATURE, THE PAYMENTS ARE MADE EITHER BY CHECK OR BY AWARD OF A SCHOLARSHIP FOR ALL OR PART OF THE FEE FOR A PROGRAM. THE AMERICAN LAW INSTITUTE, INCLUDING ALI CLE, IS ABLE TO DIRECT AND MONITOR THESE EXPENDITURES AND SCHOLARSHIPS. X 1 1 X X X X 0 0 0 0 0 0 0 1 0 RICHARD L REVESZ DIRECTOR 198055 0 0 0 1201 0 12250 0 0 0 211506 0 0 0 STEPHANIE A MIDDLETON DEPUTY DIRECTOR 264000 0 0 0 2545 0 18200 0 0 0 284745 0 0 0 NANCY MULLOY-BONN DIRECTOR OF ALI-CLE 203201 0 0 0 1583 0 14630 0 12460 0 231874 0 0 0 MARIANNE WALKER PUBLICATIONS DIRECTOR 154184 0 1550 0 2422 0 10850 0 0 0 169006 0 0 0 DEANNE DISSINGER ASSOCIATE DEPUTY DIRECTOR 135772 0 6000 0 782 0 9590 0 7102 0 159246 0 0 0 LESLIE BELASCO CHIEF OF CONTENT PRODUCTION 144638 0 0 0 2115 0 10125 0 0 0 156878 0 0 0 LANCE LIEBMAN FORMER DIRECTOR (THROUGH 5/21/14) 114787 0 0 0 2299 0 8072 0 0 0 125158 0 0 0 PART I, LINE 1A IN FY 14-15 ALI REIMBURSED THREE COUNCIL MEMBERS FOR FIRST-CLASS TRAVEL FOR ALI BUSINESS PURSUANT TO ITS ACCOUNTABLE PLAN. A ONE-WAY AND A ROUND-TRIP FIRST-CLASS TRAIN FARE WERE REIMBURSED TO TWO COUNCIL MEMBERS. THE ESTIMATED COST TO ALI OVER THE STANDARD FARES WAS APPROXIMATELY $290. IN ADDITION, A ONE-WAY FIRST-CLASS AIRFARE WAS REIMBURSED TO A COUNCIL MEMBER; THAT COUNCIL MEMBER DID NOT REQUEST REIMBURSEMENT FOR ROUND-TRIP AIRFARE. THE ONE-WAY FIRST-CLASS FARE WAS APPROXIMATELY EQUAL TO, OR LESS THAN, THE COST OF A ROUND-TRIP COACH FARE. THE BENEFITS WERE NOT TREATED AS TAXABLE COMPENSATION. PART I, LINE 7 DISCRETIONARY BONUSES WERE PAID. FORM 990, PART VI, SECTION A, LINE 1 THE INSTITUTE'S GOVERNING BODY, THE COUNCIL, HAS DELEGATED TO THE EXECUTIVE COMMITTEE THE AUTHORITY TO OVERSEE THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE INSTITUTE, EXCEPT FOR CERTAIN MATTERS RESERVED TO THE COUNCIL AS DESCRIBED IN THE BYLAWS. THE EXECUTIVE COMMITTEE HAS PRIMARY RESPONSIBILITY FOR SUCH OVERSIGHT; HOWEVER, THE DELEGATED AUTHORITY IS NOT EXCLUSIVE AND THE COUNCIL CONTINUES TO RETAIN AND MAY EXERCISE ALL DELEGATED AUTHORITY. ALL MEMBERS OF THE EXECUTIVE COMMITTEE ARE MEMBERS OF THE COUNCIL. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING COUNCIL MEMBERS AND OFFICERS HAD BUSINESS RELATIONSHIPS: KIM J. ASKEW AND DAVID K.Y. TANG WERE PARTNERS IN THE LAW FIRM OF K&L GATES LLP; LORI A. MARTIN AND SETH P. WAXMAN WERE PARTNERS IN THE LAW FIRM OF WILMERHALE; LEE H. ROSENTHAL AND ANTHONY J. SCIRICA SERVED ON THE BOARD OF VISITORS OF DUKE UNIVERSITY SCHOOL OF LAW AND DAVID F. LEVI IS THE DEAN OF THAT SCHOOL; AND EVAN R. CHESLER AND RAYMOND J. LOHIER, JR. SERVED ON THE BOARD OF TRUSTEES OF NEW YORK UNIVERSITY SCHOOL OF LAW AND RICHARD L. REVESZ IS A PROFESSOR AND DEAN EMERITUS OF THAT SCHOOL. FORM 990, PART VI, SECTION A, LINE 6 THERE WERE 4,510 MEMBERS AS OF 6/30/15. THERE ARE FOUR CLASSES OF MEMBERSHIP: ELECTED MEMBERS, LIFE MEMBERS, HONORARY MEMBERS, AND EX-OFFICIO MEMBERS. ALL MEMBERS HAVE THE RIGHT TO VOTE ON THE MATTERS DESCRIBED IN LINES 7A AND 7B. FORM 990, PART VI, SECTION A, LINE 7A INSTITUTE MEMBERS ELECT MEMBERS OF THE GOVERNING BODY FROM THE INSTITUTE'S MEMBERSHIP AT THE ANNUAL MEETING OF THE MEMBERSHIP. ALL INSTITUTE MEMBERS, REGARDLESS OF CLASS OF MEMBERSHIP, ARE ELIGIBLE TO VOTE. FORM 990, PART VI, SECTION A, LINE 7B PUBLICATION OF ANY WORK REPRESENTING THE INSTITUTE'S POSITION REQUIRES APPROVAL BY BOTH THE MEMBERSHIP AND THE GOVERNING BODY. IN ADDITION, THE FOLLOWING MATTERS REQUIRE MEMBERSHIP APPROVAL: BYLAW AMENDMENTS; AND ANY CHANGE IN THE MAXIMUM NUMBER OF ELECTED MEMBERS OF THE INSTITUTE. ALL INSTITUTE MEMBERS, REGARDLESS OF CLASS OF MEMBERSHIP, ARE ELIGIBLE TO VOTE. FORM 990, PART VI, SECTION B, LINE 11 THE GOVERNING BODY HAS DELEGATED TO THE AUDIT COMMITTEE THE RESPONSIBILITY TO REVIEW THE FORM 990 BEFORE IT IS FILED. THE FORM 990 IS PREPARED BY MANAGEMENT, REVIEWED BY THE INSTITUTE'S INDEPENDENT AUDITOR AND OUTSIDE LEGAL COUNSEL, AND PROVIDED TO ALL MEMBERS OF THE COMMITTEE FOR REVIEW BEFORE FILING. COMMITTEE MEMBERS THEN MAY RAISE ANY QUESTIONS THEY MAY HAVE AT THE COMMITTEE'S MEETING OR ANYTIME BY PHONE OR EMAIL. THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE INSTITUTE'S CONFLICTS OF INTEREST POLICY APPLIES TO OFFICERS AND MEMBERS OF THE COUNCIL AND AUDIT AND INVESTMENT COMMITTEES. THE POLICY REQUIRES DISCLOSURE OF ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AND ALL MATERIAL FACTS TO THE PRESIDENT OR CHAIR OF COUNCIL PRIOR TO PARTICIPATING IN DISCUSSION, CONSIDERATION, OR ACTION ON A TRANSACTION OR ARRANGEMENT UNDER CONSIDERATION. IF THERE IS A QUESTION AS TO WHETHER A CONFLICT OF INTEREST EXISTS, THE QUESTION IS RESOLVED BY A VOTE OF THE COUNCIL OR EXECUTIVE COMMITTEE IN WHICH THE INTERESTED INDIVIDUAL MAY NOT VOTE. INTERESTED INDIVIDUALS MAY NOT BE PRESENT DURING, OR PARTICIPATE IN, THE CONSIDERATION OR ACTION ON THE TRANSACTION OR OTHER ARRANGEMENT. KEY EMPLOYEES ARE COVERED BY THE CONFLICTS OF INTEREST PROVISIONS IN THE INSTITUTE'S CODE OF CONDUCT FOR EMPLOYEES. THOSE PROVISIONS REQUIRE DISCLOSURE OF ANY CONFLICTS OF INTEREST TO AN EXECUTIVE STAFF MEMBER OR OFFICER IDENTIFIED IN THE CODE. IF WARRANTED, APPROPRIATE ACTION WILL BE TAKEN; FOR EXAMPLE, THE EMPLOYEE MIGHT BE EXCLUDED FROM INVOLVEMENT IN THE RELEVANT MATTER. ALL PERSONS TO WHOM THE CONFLICTS OF INTEREST POLICY APPLIES, AS WELL AS KEY EMPLOYEES, ALSO MUST DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST VIA AN ANNUAL DISCLOSURE QUESTIONNAIRE. ANY CONFLICT-OF-INTEREST DISCLOSURES IN THE COMPLETED QUESTIONNAIRES ARE REVIEWED BY THE AUDIT COMMITTEE. IF THE AUDIT COMMITTEE DETERMINES THAT AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST EXISTS, IT RECOMMENDS AN APPROPRIATE REMEDY TO THE PRESIDENT OR CHAIR OF COUNCIL. IF THE PRESIDENT OR CHAIR OF COUNCIL IS THE PERSON WHO HAS THE ACTUAL OR POTENTIAL CONFLICT OF INTEREST, THE AUDIT COMMITTEE MAKES ITS RECOMMENDATION TO THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMPENSATION SUBCOMMITTEE OF THE EXECUTIVE COMMITTEE ANNUALLY REVIEWS AND MAKES RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE CONCERNING THE COMPENSATION OF ANY PERSONS WHO, DURING EACH FIVE-YEAR PERIOD ENDING ANNUALLY WITH THE INSTITUTE'S FISCAL YEAR-END, IS IN A POSITION TO EXERCISE SUBSTANTIAL INFLUENCE OVER THE AFFAIRS OF THE ORGANIZATION, INCLUDING THE DIRECTOR, DEPUTY DIRECTOR, CHIEF FINANCIAL OFFICER, AND DIRECTOR OF ALI CLE. THE COMPENSATION REVIEW PROCESS INCLUDED AN ANALYSIS OF COMPARABILITY DATA AND THAT THE DECISION WAS MADE IN ACCORDANCE WITH ALI'S CONFLICTS OF INTEREST POLICY AND DOCUMENTED, ALONG WITH THE DELIBERATION, CONTEMPORANEOUSLY IN THE MINUTES. THE PROCESS WAS LAST UNDERTAKEN FOR THESE PERSONS IN THE FISCAL YEAR ENDED JUNE 30, 2015. FORM 990, PART VI, SECTION C, LINE 19 THE INSTITUTE'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND ANNUAL REPORT CONTAINING FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE INSTITUTE'S WEBSITE, WWW.ALI.ORG. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. AMERICAN LAW INSTITUTE PUBLISHERS 610 OPPERMAN DRIVE EAGAN MN 55123 416164506 PUBLISHES LAW BOOKS MN N/A RELATED 2847784 1381821 0 0 0.75000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 AMERICAN LAW INSTITUTE PUBLISHERS Q 330495 FROM ACTUAL INVOICE TOTALS AMERICAN LAW INSTITUTE PUBLISHERS R 278479 TOTAL OF INVOICES PAID AMERICAN LAW INSTITUTE PUBLISHERS S 2700000 DISTRIBUTION OF NI FROM ALIP