2015-06-19T11:33:17-05:00 2014-12-31 BKD LLP 201 N Illinois Street Indianapolis IN 46204 990 2014-01-01 351978359 THE FRIEDMAN FOUNDATION FOR EDUCATIONAL CHOICE INC % CAREY E FOLCO FRIE 3176810745 ONE AMERICAN SQUARE Suite 2420 INDIANAPOLIS IN 46282 Robert C Enlow President 3176810745 2015-08-15 true NICOLE B FISHBACK P01279475 3176810745 2014 2016-02-25 16:41:14Z ROBERT C ENLOW ONE AMERICAN SQUARE STE 2420 INDIANAPOLIS IN 46282 10212581 false X WWW.EDCHOICE.ORG X 1996 IN PROMOTING SCHOOL CHOICE IN ORDER TO IMPROVE, THROUGH COMPETITION, K-12 EDUCATION FOR ALL. 13 12 19 11 0 0 3962839 10042798 0 0 1027583 149501 -4595 -24443 4985827 10167856 1058500 961000 0 0 1568360 1590880 0 30000 664296 2582539 2299872 5209399 4881752 -223572 5286104 7186494 12672422 252129 253028 6934365 12419394 THE FOUNDATION WAS ESTABLISHED BY MILTON AND ROSE D. FRIEDMAN IN 1996 TO EDUCATE THE PUBLIC ON THE NEED FOR AND BENEFITS OF PARENTAL SCHOOL CHOICE. OUR EDUCATIONAL WORK INCLUDES RESEARCH, COMMUNICATIONS AND MARKETING, PUBLIC OUTREACH, AND GRANT-MAKING. false false 961000 961000 GRANT MAKING: THE FOUNDATION AWARDED 76 GRANTS TO CHARITABLE ORGANIZATIONS FOR EDUCATIONAL PURPOSES. 2291209 EDUCATION ACTIVITIES - THE FOUNDATION WORKED AROUND THE COUNTRY TO EDUCATE THE PUBLIC ON THE PRACTICE AND BENEFITS OF SCHOOL CHOICE, IN EACH INSTANCE PROVIDING EDUCATIONAL SERVICES TO STATE-BASED ORGANIZATIONS, INDIVIDUALS AND POLICY MAKERS. THESE SERVICES INCLUDE: SPONSORING FACT-FINDING TRIPS TO CITIES/STATES WITH SCHOOL CHOICE PROGRAMS; HOSTING INFORMATIONAL SYMPOSIUMS; SPONSORING VISITS BY EXPERT SPEAKERS; TESTIFYING IN FRONT OF VARIOUS LEGISLATIVE BODIES AT THEIR REQUEST; PARENT EDUCATION EFFORTS AND TRAINING; MEDIA SUPPORT AND MEDIA TRAINING; PROVIDING TECHNICAL ADVICE ON THE DRAFTING OF LEGISLATION; AND SPONSORING MEETINGS WITH FOUNDATION STAFF AND VARIOUS SCHOOL CHOICE EXPERTS. 725123 RESEARCH AND COMMUNICATION - THE FOUNDATION PRODUCED PUBLICATIONS AND RESEARCH REPORTS INCLUDING, BUT NOT LIMITED TO, ITS BIMONTHLY NEWSLETTER (THE SCHOOL CHOICE ADVOCATE); STATE AND NATIONAL RESEARCH REPORTS; PUBLIC POLICY SURVEYS; AND OUR ANNUAL BROCHURE ENTITLED THE ABC'S OF SCHOOL CHOICE. THE FOUNDATION PRODUCED EDUCATIONAL MARKETING FLIERS AND PROMOTIONAL BROCHURES FOR STATE SCHOOL CHOICE PARTNERS. THE FOUNDATION UNDERTOOK POLLS IN EFFORTS TO GAUGE PUBLIC OPINION. 3977332 true true false true false false false false false false true false false false false false true false false false true false false true true false false true false true false false false false false false false false false false false false false false false false false true X 43 0 true 19 true false false false false false true true false false false false X 13 12 true false false false false false false true true false false true true true true true true true false false AL AK AZ AR CA CT FL GA HI IL IN KS KY MD MA MI MN MS MO NH NJ NM NY NC OH OK OR PA RI SC TN UT VA WA WV WI X CAREY E FOLCO 3176810745 ONE AMERICAN SQUARE STE 2420 INDIANAPOLIS IN 46282 ROBERT C ENLOW PRESIDENT AND CEO 45.0 0.0 X X 230808 0 18629 PATRICK M BYRNE CHAIRMAN 2.0 0.0 X X 0 0 0 JANET FRIEDMAN MARTEL VICE CHAIRPERSON 2.0 0.0 X X 0 0 0 LAWRENCE A O'CONNOR JR TREASURER 1.0 0.0 X X 0 0 0 DAVID D FRIEDMAN DIRECTOR 1.0 0.0 X 0 0 0 CHARLES H BRUNIE DIRECTOR 1.0 0.0 X 0 0 0 WILLIAM J HUME DIRECTOR 1.0 0.0 X 0 0 0 FRED REAMS DIRECTOR 1.0 0.0 X 0 0 0 MICHAEL WALKER DIRECTOR 1.0 0.0 X 0 0 0 FRED S KLIPSCH DIRECTOR 1.0 0.0 X 0 0 0 VIRGINIA WALDEN-FORD DIRECTOR 1.0 0.0 X 4000 0 0 GREG GIANFORTE DIRECTOR 1.0 0.0 X 0 0 0 J SCOTT ENRIGHT SECRETARY 5.0 0.0 X X 0 0 0 CAREY E FOLCO V.P. OF OPERATIONS 40.0 0.0 X 81800 0 9718 LESLIE HINER V.P. OF PROGRAMS AND STATE 45.0 0.0 X 158300 0 6661 BRIAN MCGRATH SENIOR VICE PRESIDENT 40.0 0.0 X 140804 0 16229 JEFFREY SPALDING DIRECTOR OF FISCAL POLICY 40.0 0.0 X 103304 0 10433 719016 0 61670 4 false true false 0 5197 10037601 10042798 0 149501 149501 0 0 0 0 0 0 20282 5197 44725 -24443 -24443 0 0 0 10167856 125058 961000 961000 0 0 0 509864 334113 95996 79755 0 883519 632048 50771 200700 22387 15899 558 5930 84130 60986 4889 18255 90980 64751 9213 17016 0 2103 2103 21240 21240 100000 100000 30000 30000 0 421917 410241 11129 547 102397 102397 100567 72004 14459 14104 0 0 101500 75404 10013 16083 274901 236006 11011 27884 45978 45978 350389 348037 2352 0 0 20052 14901 1974 3177 22510 16721 2211 3578 MAILING AND PRINTING FEES 528326 278854 2205 247267 STATE POLLING 61062 61062 SPEAKER/MODERATOR FEES 83194 83194 SPONSORED EVENTS 50790 50790 12946 12946 4881752 3977332 240124 664296 767039 2732055 1036158 4314512 0 0 0 0 0 0 0 0 0 0 0 0 12926 7190 249652 205032 62039 44620 5308332 5574045 0 0 0 0 0 0 0 0 7186494 12672422 252129 253028 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 252129 253028 X 6782885 12319266 151480 100128 0 0 6934365 12419394 7186494 12672422 5286104 198925 X false true X true false X 4214115 4498513 5327738 3967838 10063080 28071284 0 0 4214115 4498513 5327738 3967838 10063080 28071284 8251899 19819385 96407 59604 86589 103602 149501 495703 0 0 28566987 0.69379 0.55860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20000 87576 107576 4774175 4881751 394088 98522 355461 403371 410470 394088 1563390 2345085 81219 111684 134298 107576 434777 88865 100843 102618 98522 390848 586272 23721 41040 34125 20000 118886 LOBBYING EXPENDITURES TO INFLUENCE PUBLIC OPINION PART II-A THE FRIEDMAN FOUNDATION FOR EDUCATIONAL CHOICE IS NEVER INVOLVED IN POLITICAL CAMPAIGNS. THE SUBSTANTIAL ACTIVITY UNDERTAKEN BY THE FRIEDMAN FOUNDATION FOR EDUCATIONAL CHOICE IS EDUCATIONAL IN NATURE. THE FOUNDATION HAS MADE AN ELECTION UNDER SECTION 501(H) OF THE INTERNAL REVENUE CODE. CONSISTENT WITH A NONPROFIT ORGANIZATION WITH "H ELECTION," THE FOUNDATION ALSO UNDERTAKES LIMITED LOBBYING ACTIVITIES IN CERTAIN STATES TO AID IN THE PASSAGE OF LEGISLATION THAT ENABLES PARENTS TO RECEIVE A PUBLICLY FUNDED VOUCHER OR A TAX CREDIT FUNDED SCHOLARSHIP TO SEND THEIR CHILDREN TO APPROVED PRIVATE SCHOOLS. IN 2014, THESE ACTIVITIES INCLUDED ALLOCATING STAFF TIME FOR DIRECT LOBBYING TO STATE LEGISLATORS AND ENCOURAGING THE GENERAL PUBLIC TO SUPPORT SPECIFIC LEGISLATION. 109647 72503 37144 140005 132529 7476 44620 10411506 198925 44725 243650 10167856 10167856 4926477 44725 44725 4881752 4881752 FIN 48 DISCLOSURE PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON ITS REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. OTHER RECONCILING ITEMS PART XI, LINE 2D $ 44,725 FUNDRAISING EVENT EXPENDITURES OTHER RECONCILING ITEMS PART XII, LINE 2D $ 44,725 FUNDRAISING EVENT EXPENDITURES East Asia and the Pacific Program Services EDUCATION EVENTS 2000 South America Program Services EDUCATION EVENTS 8000 Europe (Including Iceland and Greenland) Program Services EDUCATION EVENTS 8000 North America Program Services EDUCATION EVENTS 2000 Russia and the Newly Independent States Program Services EDUCATION EVENTS 1000 South Asia Program Services EDUCATION EVENTS 7000 28000 28000 false false false false false false X X true FUENTES STRATEGIC CONSULTING INC 170 E 17TH STREET 110 COSTA MESA CA 92627 FUNDRAISING CALIF. ONLY false 0 30000 0 0 30000 0 AL AK AZ AR CA CT FL GA HI IL IN KS KY MD MA MI MN MS MO NH NJ NM NY NC OH OK OR PA RI SC TN UT VA WA WV WI SECTOR SWITCHER 1790 626 1164 685 2374 4665 FIRESTARTER 23689 4571 19118 167 6355 4571 25908 0 25479 5197 20282 167 7040 6945 30573 44725 -24443 HIGHEST PAID FUNDRAISER PART I, LINE 2B THE FOUNDATION ENGAGED FUENTES STRATEGIC CONSULTING, INC., FOR THE FIRST TIME IN 2014. THIS ORGANIZATION IS WORKING ON DEVELOPING SIGNIFICANT NEW DONORS FOR THE FOUNDATION. SINCE THE ENGAGEMENT WITH FUENTES JUST BEGAN IN 2014, THE FOUNDATION ANTICIPATES FUENTES GENERATING NEW DONORS FOR THE FOUNDATION IN 2015. true 100 Black Men of America Inc 141 Auburn Avenue Atlanta GA 30303 581974429 501(C)(3) 25000 SEE PART IV Access Opportunity South Carolina 701 Gervais Street Columbia SC 29201 462941175 501(C)(3) 31000 SEE PART IV Advance America Inc 101 West Ohio Street Indianapolis IN 46204 351510587 501(C)(3) 25000 SEE PART IV Agudath Israel of America 42 Broadway 14th Floor New York NY 10004 135604164 501(C)(3) 25000 SEE PART IV Alabama Policy Institute Inc 402 Office Park Drive Birmingham AL 35223 630809568 501(C)(3) 25000 SEE PART IV Americans for Prosperity Foundation 2111 Wilson Blvd Arlington VA 22201 521527294 501(C)(3) 21000 SEE PART IV Arizona School Choice Administration Corp 2874 West Ray Road Chandler AZ 85224 860904675 501(C)(3) 10000 SEE PART IV Beacon Center of Tennessee PO Box 198646 Nashville TN 37220 201808567 501(C)(3) 76000 SEE PART IV Capstone Legacy Foundation Inc 900 West Valley Road Wayne PA 19087 203752969 501(C)(3) 12500 SEE PART IV Colorado Nonprofit Development Center 789 Sherman Street Denver CO 80203 841493585 501(C)(3) 20000 SEE PART IV Hispanic American Center for Economic Reform 910 17th Street NW Washington DC 20006 541901356 501(C)(3) 15000 SEE PART IV Idaho Charter School Network Inc 501 East Baybrook Court Boise ID 83706 270654125 501(C)(3) 6000 SEE PART IV Idaho Federation of Independent Schools 6200 North Meeker Place Boise ID 83713 463826945 501(C)(3) 50000 SEE PART IV Indianapolis Urban League Inc 777 Indiana Avenue Indianapolis IN 46202 356060655 501(C)(3) 25000 SEE PART IV Institute for Quality Education 101 West Ohio Street Indianapolis IN 46204 351836687 501(C)(3) 250000 SEE PART IV Kansas Policy Institute 250 North Water Street Wichita KS 67202 237047821 501(C)(3) 60000 SEE PART IV Mississippi Center for Public Policy 520 George Street Jackson MS 48933 640797905 501(C)(3) 26000 SEE PART IV Network for Educational Opportunity 8 North Main Street Concord NH 03301 770539599 501(C)(3) 25000 SEE PART IV Oklahoma Council of Public Affairs 1401 N Lincoln Blvd Oklahoma City OK 73104 731436375 501(C)(3) 26000 SEE PART IV Parents for Educational Freedom in NC 434 Fayetteville Street Raleigh NC 27601 202754466 501(C)(3) 40000 SEE PART IV Rhode Island Center for Freedom & Prosperity PO Box 10069 Cranston RI 02910 452805369 501(C)(3) 26000 SEE PART IV RISE Education Resource Center PO Box 570174 Las Vegas NV 89130 271314243 501(C)(3) 10000 SEE PART IV Scholarships for Kids Inc PO Box 10204 Birmingham AL 35203 462286764 501(C)(3) 24000 SEE PART IV Schools That Can 1040 First Avenue 346 New York NY 10022 364268793 501(C)(3) 15000 SEE PART IV Step Up for Students Inc 337 South Plant Avenue Tampa FL 33606 593649371 501(C)(3) 50000 SEE PART IV 25 MONITORING THE USE OF GRANT FUNDS PART I, LINE 2 THE FOUNDATION ACCEPTS APPLICATIONS FOR GRANTS THAT CONFORM TO THE FOUNDATION'S TAX-EXEMPT PURPOSE AND EDUCATIONAL MISSION. APPLICATIONS MUST INCLUDE A BRIEF DESCRIPTION OF THE PROJECT, AMOUNT REQUESTED, PROJECT BUDGET, METHOD TO EVALUATE SUCCESS, BOARD OF DIRECTORS LIST, AND FINANCIAL STATEMENTS. THE FOUNDATIONS PROGRAM STAFF REVIEWS THE REQUEST AND SUBMITS SUGGESTED GRANTS TO THE EXECUTIVE MANAGEMENT. AFTER APPROVAL, THE VICE PRESIDENT OF OPERATIONS REVIEWS THE REQUEST FOR PROPER DOCUMENTATION AND WRITES THE GRANT AGREEMENT WHICH IS SIGNED BY GRANTEE AND THE PAYMENT IS MADE. PROGRAM STAFF WORKS CLOSELY WITH GRANTEE TO ENSURE ADHERENCE TO AGREEMENT AND USE OF GRANT FUNDS. GRANTEES ARE REQUIRED TO SUBMIT A FINAL REPORT ON THE PROJECT, INCLUDING HOW FUNDS WERE USED, IN A TIMELY MANNER AS NOTED IN THE GRANT AGREEMENT. PURPOSE OF GRANT OR ASSISTANCE PART II, LINE 1, COLUMN H *100 BLACK MEN OF AMERICA INC. - SUPPORT TO HELP FUND ATTENDANCE TO THE ANNUAL CONFERENCE OF THE BLACK ALLIANCE FOR EDUCATIONAL OPTIONS TO HELP PROMOTE UNDERSTANDING OF QUALITY EDUCATIONAL OPTIONS. *ACCESS OPPORTUNITY SOUTH CAROLINA - SUPPORT FOR IMPLEMENTATION PROJECT TO INFORM THE PUBLIC AND FACILITATE PARENT AWARENESS OF NEW SCHOOL CHOICE PROGRAM, AND ALSO FOR WEBSITE AND PRIVATE SCHOOL DATABASE CREATION. *ADVANCE AMERICA INC. - SUPPORT FOR COMMUNITY OUTREACH AND EDUCATION FOR SCHOOL CHOICE IN INDIANA. ALSO, SUPPORT FOR COMMUNITY OUTREACH VIA EMAIL AND MAILINGS TO EDUCATE THE PUBLIC ON INDIANA'S SCHOOL CHOICE PROGRAM, INCLUDING HOW TO ACCESS THE PROGRAM. *AGUDATH ISRAEL OF AMERICA - GENERAL OPERATING SUPPORT. *ALABAMA POLICY INSTITUTE INC. - SUPPORT TO PRODUCE VIDEOS TO EDUCATE THE PUBLIC ABOUT SCHOOL CHOICE IN ALABAMA. ALSO, SUPPORT FOR MARKETING AND EDUCATIONAL OUTREACH TO EDUCATE THE ALABAMA PUBLIC ABOUT THE BENEFITS OF SCHOOL CHOICE. *AMERICANS FOR PROSPERITY FOUNDATION - SUPPORT TO HOST OR COORDINATE AN EVENT ON JULY 31, 2014, TO HONOR THE LEGACY OF MILTON FRIEDMAN AND HIS IDEAS. *ARIZONA SCHOOL CHOICE ADMINISTRATION CORPORATION - SUPPORT FOR MARKETING AND COMMUNITY AND PARENT OUTREACH FOR ARIZONA'S ESA PROGRAM. *BEACON CENTER OF TENNESSEE - SUPPORT TO CO-SPONSOR A NATIONAL SCHOOL CHOICE WEEK RALLY IN NASHVILLE, TENNESSEE ON JANUARY 28, 2014. ALSO, SUPPORT FOR THE SCHOOL CHOICE NOW MARKETING AND EDUCATIONAL OUTREACH PROJECT FOR THE PURPOSE OF EDUCATING THE PUBLIC ABOUT THE BENEFITS OF SCHOOL CHOICE AND MARKETING AND EDUCATIONAL OUTREACH TO EDUCATE THE TENNESSEE PUBLIC ABOUT THE BENEFITS OF SCHOOL CHOICE. *CAPSTONE LEGACY FOUNDATION INC. - SUPPORT FOR THE OPPECS (OPERATION PHILADELPHIA PUBLIC EDUCATION CRISIS SOLUTION) EXPO ON FEBRUARY 27, 2014. *COLORADO NONPROFIT DEVELOPMENT CENTER - SUPPORT FOR CHALKBEAT INDIANA, AN INDEPENDENT EDUCATION-FOCUSED JOURNALISM PRESENCE IN INDIANA. *HISPANIC AMERICAN CENTER FOR ECONOMIC REFORM - SUPPORT TO HOST OR COORDINATE AN EVENT ON JULY 31, 2014, TO HONOR THE LEGACY OF MILTON FRIEDMAN AND HIS IDEAS. *IDAHO CHARTER SCHOOL NETWORK INC. - SUPPORT TO TRANSPORT TEACHERS, STUDENTS AND PARENTS FROM EASTERN IDAHO TO BOISE FOR SCHOOL CHOICE DAY AT THE CAPITOL TO HELP THEM LEARN MORE ABOUT SCHOOL CHOICE. *IDAHO FEDERATION OF INDEPENDENT SCHOOLS - GENERAL OPERATING SUPPORT FOR EDUCATIONAL EFFORTS ON SCHOOL CHOICE IN IDAHO. *INDIANAPOLIS URBAN LEAGUE INC. - GENERAL OPERATING SUPPORT, INCLUDING EDUCATIONAL EVENTS TO BUILD AWARENESS AND SUPPORT FOR SCHOOL CHOICE AMONG AFRICAN-AMERICAN COMMUNITIES IN INDIANAPOLIS. *INSTITUTE FOR QUALITY EDUCATION (FORMERLY EDUCATIONAL CHOICE CHARITABLE TRUST INC.) - GENERAL OPERATING SUPPORT TO AID IN EFFORTS TO EDUCATE THE PUBLIC ON THE NEED TO IMPROVE THE QUALITY OF EDUCATION FOR ALL INDIANA STUDENTS THROUGH SCHOOL CHOICE. THIS INCLUDES ENGAGING AND INFORMING PARENTS, EDUCATORS AND POLICYMAKERS; AND ANALYZING DATA, CONDUCTING RESEARCH PROJECTS, AND PROMOTING POLICIES THAT WORK. *KANSAS POLICY INSTITUTE - SUPPORT TO CONDUCT EDUCATIONAL RESEARCH ON THE BENEFITS OF SCHOOL CHOICE IN KANSAS. ALSO, SUPPORT FOR EDUCATING THE PUBLIC ABOUT SCHOOL CHOICE, CONDUCTING RESEARCH, CIVIC SCHOOL CHOICE EDUCATION, AND THE MARKETING OF THAT RESEARCH. *MISSISSIPPI CENTER FOR PUBLIC POLICY - SUPPORT FOR EDUCATING THE MISSISSIPPI PUBLIC ABOUT THE BENEFITS OF SCHOOL CHOICE. ALSO, SUPPORT TO HOST OR COORDINATE AN EVENT ON JULY 31, 2014, TO HONOR THE LEGACY OF MILTON FRIEDMAN AND HIS IDEAS. *NETWORK FOR EDUCATIONAL OPPORTUNITY - GENERAL OPERATING SUPPORT. *OKLAHOMA COUNCIL OF PUBLIC AFFAIRS - GENERAL OPERATING SUPPORT. INCLUDING EDUCATIONAL EVENTS FOR THE OKLAHOMA PUBLIC ABOUT EDUCATION SAVINGS ACCOUNTS. *PARENTS FOR EDUCATIONAL FREEDOM IN NORTH CAROLINA - GENERAL OPERATING SUPPORT FOR OUTREACH EFFORTS TO PRIVATE SCHOOLS AND TO ESTABLISH A PRIVATE SCHOOL ASSOCIATION. *RHODE ISLAND CENTER FOR FREEDOM AND PROSPERITY - SUPPORT TO CONDUCT SCHOOL CHOICE RESEARCH, FOR EDUCATIONAL OUTREACH, AND TO CREATE A FISCAL CALCULATOR IN RHODE ISLAND. *RISE EDUCATION RESOURCE CENTER - SUPPORT TO HELP WITH SCHOOL CHOICE EDUCATIONAL OUTREACH AND MARKETING EFFORTS IN THE LAS VEGAS AREA. *SCHOLARSHIPS FOR KIDS INC. - SUPPORT FOR VIDEO PRODUCTION FOR THE PURPOSE OF EDUCATING THE ALABAMA PUBLIC ABOUT THE BENEFITS OF SCHOOL CHOICE. *SCHOOLS THAT CAN - SUPPORT TO SPONSOR THE SCHOOLS THAT CAN NATIONAL FORUM TO PROMOTE SCHOOL CHOICE BY SHARING THE FRIEDMAN VISION WITH THOSE ACTIVELY INVOLVED IN SCHOOLS OF CHOICE ACROSS THE COUNTRY. *STEP UP FOR STUDENTS INC. - SUPPORT TO EDUCATE THE PUBLIC ON THE NEW PERSONAL LEARNING SCHOLARSHIP ACCOUNT PROGRAM IN FLORIDA. *THE FOLLOWING ORGANIZATIONS RECEIVED ADDITIONAL SUPPORT, WHICH IS INCLUDED IN THE AMOUNTS REPORTED ON PART II, TO HOST OR COORDINATE AN EVENT ON JULY 31, 2014, TO HONOR THE LEGACY OF MILTON FRIEDMAN AND HIS IDEAS: *ACCESS OPPORTUNITY SOUTH CAROLINA *BEACON CENTER OF TENNESSEE *MISSISSIPPI CENTER FOR PUBLIC POLICY *OKLAHOMA COUNCIL OF PUBLIC AFFAIRS *RHODE ISLAND CENTER FOR FREEDOM AND PROSPERITY X X X X false false false false false false false false false ROBERT C ENLOW PRESIDENT AND CEO 230808 0 0 0 0 0 6600 0 12029 0 249437 0 0 0 LESLIE HINER V.P. OF PROGRAMS AND STATE 158300 0 0 0 0 0 4500 0 2161 0 164961 0 0 0 BRIAN MCGRATH SENIOR VICE PRESIDENT 140804 0 0 0 0 0 4200 0 12029 0 157033 0 0 0 COMPLIANCE WITH BACKUP WITHHOLDING RULES FORM 990, PART V, LINE 1C THE FOUNDATION WAS NOT REQUIRED TO COMPLY WITH THE BACKUP WITHHOLDING RULES BECAUSE IT DID NOT MAKE REPORTABLE PAYMENTS TO VENDORS OR PAY REPORTABLE GAMING (GAMBLING) WINNINGS TO PRIZE WINNERS. KEY OFFICER OR EMPLOYEE WITH FAMILY RELATIONSHIP WITH ANY OTHER OFFICER FORM 990, PART VI, SECTION A, LINE 2 JANET FRIEDMAN MARTEL AND DAVID D. FRIEDMAN ARE SIBLINGS. PROCESS TO REVIEW THE FORM 990 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS COMPLETED BY AN OUTSIDE ACCOUNTING FIRM, IN CONJUNCTION WITH THE FOUNDATION'S VICE PRESIDENT OF OPERATIONS AND CONTROLLER. THE FORM 990 IS REVIEWED BY THE FOUNDATION'S PRESIDENT & CEO, VICE PRESIDENT OF OPERATIONS, CONTROLLER, SECRETARY, AN INDEPENDENT ACCOUNTING FIRM AND AN OUTSIDE ATTORNEY. UPON COMPLETION, THE FINAL FORM 990 IS SENT TO THE FULL BOARD OF DIRECTORS FOR REVIEW BEFORE FILING. PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION'S BOARD OF DIRECTORS HAS ADOPTED A CONFLICT OF INTEREST POLICY THAT REQUIRES DIRECTORS, OFFICERS AND KEY EMPLOYEES TO SUBMIT AN ANNUAL CONFLICT OF INTEREST DISCLOSURE. THE ANNUAL DISCLOSURE REQUIRES DIRECTORS, OFFICERS AND KEY EMPLOYEES TO DISCLOSE, IN WRITING, ANY KNOWN FINANCIAL INTEREST THAT THE INDIVIDUAL (TOGETHER WITH FAMILY MEMBERS) HAS IN ANY BUSINESS ENTITY THAT TRANSACTS BUSINESS WITH THE FOUNDATION. IN ADDITION, DIRECTORS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO IMMEDIATELY DISCLOSE ANY POSSIBLE CONFLICT OF INTEREST THAT ARISES MID-YEAR IN RELATION TO A PROPOSED TRANSACTION. THE CONFLICT OF INTEREST POLICY REQUIRES THAT ANY INDIVIDUAL WITH A CONFLICT BE RECUSED FROM THE DECISION-MAKING PROCESS, THAT INDEPENDENT DIRECTORS DETERMINE WHETHER THE PROPOSED TRANSACTION IS IN THE BEST INTERESTS OF THE FOUNDATION, AND THE TRANSACTION MUST BE APPROVED BY A VOTE OF THE INDEPENDENT DIRECTORS WITHOUT THE PARTICIPATION OF ANY INTERESTED INDIVIDUAL. THE ANNUAL CONFLICT DISCLOSURE STATEMENTS ARE SUBMITTED TO, AND REVIEWED BY, THE FOUNDATION'S VICE PRESIDENT OF OPERATIONS. IN ADDITION, THE EXECUTIVE STAFF OF THE FOUNDATION ARE RESPONSIBLE FOR MONITORING ANY POSSIBLE CONFLICT TRANSACTIONS THAT ARISE AND MANAGING THEM TO ENSURE THAT ALL TRANSACTIONS REPRESENT ARMS' LENGTH, FAIR MARKET VALUE TERMS FOR THE BENEFIT OF THE FOUNDATION. REVIEW OF CEO OR TOP MANAGEMENT OFFICIAL COMPENSATION FORM 990, PART VI, SECTION B, LINE 15A THE FOUNDATION'S BOARD OF DIRECTORS HAS ADOPTED AN EXECUTIVE COMPENSATION AND INTERMEDIATE SANCTIONS POLICY. THE PURPOSE OF THE POLICY IS TO ENSURE THAT THE FOUNDATION'S COMPENSATION ARRANGEMENTS WITH RELATED PARTIES ARE EVALUATED AND ENTERED AT ARMS' LENGTH AND THAT ANY COMPENSATION THAT IS PAID TO A RELATED PARTY IS REASONABLE AND REFLECTS FAIR MARKET VALUE. THE POLICY ENCOURAGES THE APPLICATION OF THE REBUTTABLE PRESUMPTION STANDARD OF CODE SECTION 4958 AND THE RELATED TREASURY REGULATIONS BY (A) EXCLUDING ANY INTERESTED PARTY FROM THE DECISION-MAKING PROCESS; (B) REQUIRING DISINTERESTED BOARD MEMBERS TO OBTAIN AND RELY UPON COMPARABILITY DATA WHEN SETTING THE PROPOSED COMPENSATION TERMS; (C) REQUIRING APPROVAL OF THE TRANSACTION IN ADVANCE BY DISINTERESTED DIRECTORS; AND (D) REQUIRING CONTEMPORANEOUS DOCUMENTATION (I.E., MINUTES) REFLECTING THE DECISION AND THE PROCESS BY WHICH IT WAS MADE. ON DECEMBER 3, 2014, INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS, MEETING AS A SEPARATE COMMITTEE EVALUATED THE COMPENSATION OF THE PRESIDENT/CEO, EVALUATED COMPARABILITY DATA, AND USED SUCH DATA TO SET HIS COMPENSATION FOR 2015. GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC 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. PAYMENTS FOR TRAVEL FOR PUBLIC OFFICIALS FORM 990, PART IX, LINE 18 PAYMENTS ARE FOR TRAVEL EXPENSES INCURRED DURING FACT-FINDING EDUCATIONAL TRIPS AND EDUCATIONAL SEMINARS HOSTED BY THE FOUNDATION. EXPENSES COVERED INCLUDED TRANSPORTATION, HOTEL AND MEALS.