2015-02-10T15:28:44-07:00 2014-06-30 990 2013-07-01 231352013 AMERICAN LAW INSTITUTE AMER 2152431600 4025 Chestnut Street Philadelphia PA 191043099 Wallace Jefferson Treasurer 2152431600 2015-02-11 2013 2016-02-25 16:41:14Z Roberta Cooper Ramo 4025 Chestnut Street Philadelphia PA 19104 75170723 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. 65 63 107 2900 0 0 845412 927312 12325933 11267147 1888396 8272593 692437 681884 15752178 21148936 969322 978681 0 0 6303761 7214808 0 0 107340 5763427 5973234 13036510 14166723 2715668 6982213 58050761 63745137 4606246 4946065 53444515 58799072 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 3606486 683524 3522012 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. 6394452 295157 8187724 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 46 in-person courses attended by approximately 2,600 registrants. There were over 50,000 users of ALI CLE's online programs and services. 0 0 0 10000938 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 1 160 0 1 107 1 0 0 0 0 0 0 0 0 0 0 X 65 63 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 The American Law Institute Deputy Director 2152431600 4025 Chestnut Street Philadelphia PA 191043099 Kenneth S Abraham Council 2 X 0 0 0 Susan Frelich Appleton Council 3 X 0 0 0 Kim J Askew Council 2 X 0 0 0 Jose I Astigarraga Council 2 X 0 0 0 Scott Bales Council 2 X 0 0 0 John H Beisner Council 2 X 0 0 0 Amelia H Boss Council 2 X 0 0 0 Elizabeth J Cabraser Council 2 X 0 0 0 Evan R Chesler Council 2 X 0 0 0 N Lee Cooper Council 2 X 0 0 0 Mariano-Florentino Cuellar Council 2 X 0 0 0 George H T Dudley Council 2 X 0 0 0 Christine M Durham Council 2 X 0 0 0 Kenneth C Frazier Council 2 X 0 0 0 Elizabeth Garrett Council 2 X 0 0 0 Yvonne Gonzalez Rogers Council 3 X 0 0 0 Anton G Hajjar Council 2 X 0 0 0 Teresa Wilton Harmon Council 2 X 0 0 0 Geoffrey C Hazard Jr Council 2 X 0 0 0 D Brock Hornby Council 3 X 0 0 0 William C Hubbard Council 2 X 0 0 0 Mary Kay Kane Council 2 X 0 0 0 Michele C Kane Council 2 X 0 0 0 Carolyn Dineen King Council 2 X 0 0 0 Harold Hongju Koh Council 2 X 0 0 0 Carolyn B Kuhl Council 2 X 0 0 0 Carolyn B Lamm Council 2 X 0 0 0 Derek P Langhauser Council 2 X 0 0 0 Carol F Lee Council 2 X 0 0 0 David F Levi Council 2 X 0 0 0 Goodwin Liu Council 2 X 0 0 0 Raymond J Lohier Council 2 X 0 0 0 Gerard E Lynch Council 2 X 0 0 0 Lori A Martin Council 2 X 0 0 0 M Margaret McKeown Council 2 X 0 0 0 John J McKetta III Council 3 X 0 0 0 Judith A Miller Council 3 X 0 0 0 Kathryn A Oberly Council 3 X 0 0 0 Harvey S Perlman Council 2 X 0 0 0 David W Rivkin Council 2 X 0 0 0 Daniel B Rodriguez Council 2 X 0 0 0 Lee H Rosenthal Council 3 X 0 0 0 Gary L Sasso Council 2 X 0 0 0 Mary M Schroeder Council 2 X 0 0 0 Anthony J Scirica Council 2 X 0 0 0 Marsha E Simms Council 2 X 0 0 0 Robert H Sitkoff Council 2 X 0 0 0 Jane Stapleton Council 2 X 0 0 0 Laura Stein Council 2 X 0 0 0 Larry S Stewart Council 2 X 0 0 0 Elizabeth S Stong Council 2 X 0 0 0 Catherine T Struve Council 2 X 0 0 0 David K Y Tang Council 2 X 0 0 0 Sarah S Vance Council 2 X 0 0 0 Bill Wagner Council 2 X 0 0 0 Seth P Waxman Council 2 X 0 0 0 Steven O Weise Council 3 X 0 0 0 Diane P Wood Council 3 X 0 0 0 Roberta Cooper Ramo President & Council 16 X X 0 0 0 Allen D Black 1st Vice President & Council 5 X X 0 0 0 Douglas Laycock 2nd Vice President & Council 5 X X 0 0 0 Paul L Friedman Secretary & Council 5 X X 0 0 0 Wallace B Jefferson Treasurer (beginning 5/22/14) & Council 5 X X 0 0 0 Margaret H Marshall Treasurer (through 5/21/14) & Council 5 X X 0 0 0 Lance Liebman Director (through 5/21/14) 30 X 297127 0 17850 Lance Liebman Council (beginning 5/22/14) 2 X 0 0 0 Daniel J Meltzer Director Designate (5/23/13 through 8/30/13) 10 X 18163 0 0 Daniel J Meltzer Council (beginning 10/1/13) 2 X 0 0 0 Richard L Revesz Director (beginning 5/22/14) 30 X 0 0 0 Stephanie Middleton Deputy Director 50 X 259142 0 17850 Nancy Mulloy-Bonn Director of ALI CLE 35 X 200506 0 26286 Marianne Walker Publications Director 35 X 159672 0 10850 Leslie Belasco Chief of Content Production 35 X 142022 0 9713 Deanne Dissinger Associate Deputy Director 35 X 134882 0 16029 Shannon Duffy Communications Director 35 X 130529 0 10683 Mark Carroll Special Projects Director 33 X 121900 0 22001 1463943 0 131262 12 0 1 0 Paradigm-Digital Color Graphics 105 James Way Southampton PA 18966 Printing 248710 Yurchak Printing Inc 920 Links Avenue Landisville PA 17538 Printing 209681 Riverbend Media 187 Country Bend Road Farmington UT 84025 Webcast services 202800 Robert Half Technology Inc 12400 Collections Center Drive Chicago IL 60693 temporary staffing 142905 Shepherd Kaplan LLC 125 Summer Street Boston MA 02110 Investment advisor 111873 7 0 458927 0 0 0 468385 0 927312 CLE Programs, products, and partner royalties 611710 7914719 7914719 0 0 ALI Publications and related royalties 511120 3352428 3352428 0 0 0 0 0 0 11267147 1104825 0 0 1104825 0 0 0 0 0 0 0 0 604594 0 365299 0 239295 0 239295 0 0 239295 60413358 9293 53254883 0 7158475 9293 7167768 0 0 7167768 0 0 0 0 0 0 0 0 0 0 0 0 844194 401605 442589 442589 0 0 0 21148936 11709736 0 8511888 70500 70500 899734 899734 8447 8447 0 0 848839 427138 400985 20716 0 0 0 0 4675875 2991392 1628363 56120 268222 171595 93408 3219 1027838 667036 348466 12336 394034 248959 139771 5304 0 0 0 0 103513 0 96013 7500 91400 10006 81394 0 0 0 0 0 0 0 270568 0 270568 0 0 0 0 0 880349 842434 37915 0 465527 238939 224702 1886 202353 47471 154882 0 45041 44915 126 0 251961 157476 94485 0 517346 476430 40657 259 70776 51335 19441 0 1634390 1590763 43627 0 0 0 0 0 0 0 0 0 350676 219173 131503 0 51014 0 51014 0 Consultants, Honoraria, and Trainers 201704 181982 19722 0 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0.09433 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 19310466 244496 2448392 0 2101713 0 19901641 19004013 192911 1940967 0 1827425 0 19310466 18919940 1193477 179409 0 1288813 0 19004013 17266210 995183 1984729 0 1326182 0 18919940 11181053 6669680 706738 0 1291261 0 17266210 0.3854 0.0221 0.5925 0 0 0 393750 393750 1703422 795595 2497983 1034 1192807 3875932 3400358 1668381 0 2459378 1724614 734764 0 67390 0 67390 2865319 Hedge Funds and Limited Partnership 7635032 F 7635032 0 Post-retirement Healthcare Obligation 2228594 2228594 X 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. Schedule D, Part X, Line 2 For the years ended June 30, 2014 and 2013, 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 not 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 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, 2010. Faculty Reimbursement Europe (including Iceland and Greenland) 1 2845 Wire Transfer 0 License Fee Europe (including Iceland and Greenland) 1 350 Wire Transfer 0 Travel expense reimbursement Europe (including Iceland and Greenland) 2 5252 Wire Transfer and Check 0 0 0 0 1 0 0 1 University of Pennsylvania 3451 Walnut Street 433 Franklin Building Philadelphia PA 191046205 231352685 37000 0 Letter acknowledging cash contribution 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 20000 0 Letter acknowledging cash contribution The contribution made to the Smithsonian Institution was in support of its Special Events and Receptions Fund in lieu of rental fees for an event held at the Smithsonian. New York University School of Law 110 West 3rd Street Rm 218 New York NY 10012 135562308 10000 0 Letter acknowledging cash contribution The contribution made to the New York University School of Law was in support of the conference on Corporate Criminal Enforcement and Financial Misdealing. 3 0 The American Law Institute provides financial assistance to cover travel expenses for certain volunteers who attend its meetings. ALI CLE offers full scholarships to certain lawyers to attend its various courses. 3241 33102 290107 50% of tuition cost to attend a 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. 95 576525 Amount is budgeted based on project and work to be performed. Schedule I, Part I, Line 2 The American Law Institute, including ALI CLE, makes voluntary payments to governmental units, nonprofit 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 X X X X 0 0 0 0 0 0 0 0 0 Lance Liebman Director (through 5/14) 293774 0 0 0 3353 0 17850 0 0 0 314977 0 0 0 Stephanie Middleton Deputy Director 257521 0 0 0 1621 0 17850 0 0 0 276992 0 0 0 Nancy Mulloy-Bonn Director of ALI CLE 198944 0 0 0 1562 0 14210 0 12076 0 226792 0 0 0 Marianne Walker Publications Director 156426 0 2000 0 1246 0 10850 0 0 0 170522 0 0 0 Leslie Belasco Chief of Content Production 140836 0 0 0 1186 0 9713 0 0 0 151735 0 0 0 Deanne Dissinger Associate Deputy Director 132123 0 2000 0 759 0 9258 0 6771 0 150911 0 0 0 Form 990, Part VI, Section A, Line 1a 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 directors have business relationships: Kim J. Askew and David K.Y. Tang are partners in the law firm of K&L Gates LLP; Lance Liebman and Elizabeth S. Stong served on the board of trustees of the Practising Law Institute; 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. Form 990, Part VI, Section A, Line 6 There were 4,415 members as of 6/30/14. 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 11b 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 process was last undertaken for these persons in the fiscal year ended June 30, 2014. 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. American Law Institute Publishers 610 Opperman Drive Eagan MN 55123 416164506 Publishes law books. MN N/A Related 2646942 1234037 0 0 0.75 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 American Law Institute Publishers q 362449 From actual invoice totals American Law Institute Publishers r 349814 Total of invoices paid American Law Institute Publishers s 2841942 Distribution of net income from American Law Institute Publishers