2015-05-12T10:02:05-05:00 2014-06-30 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 650N BETHESDA MD 208142930 990 2013-07-01 530225165 NATIONAL PARKS CONSERVATION ASSOCIATION NATI 2022236722 777 6TH STREET NW NO 700 WASHINGTON DC 20001 THERESA PIERNO CHIEF OPERATING OFFICER 2022236722 2015-05-12 1 3019519090 2013 2016-02-25 16:41:14Z W CLARK BUNTING 777 6TH STREET NW NO 700 WASHINGTON DC 20001 31264849 0 X WWW.NPCA.ORG X 1919 DC PROTECTING AMERICA'S NATIONAL PARKS FOR PRESENT AND FUTURE GENERATIONS. 28 28 198 900 263709 902 31618029 26023847 1510602 1363023 1626909 1663330 -136251 -392909 34619289 28657291 698032 619151 0 0 15043215 14727349 573630 488384 5887259 16193665 16283209 32508542 32118093 2110747 -3460802 52084065 51808723 8394449 8313404 43689616 43495319 PROTECTING AMERICA'S NATIONAL PARKS FOR PRESENT AND FUTURE GENERATIONS. 0 0 12941857 465802 1363023 ENGAGE, EDUCATE, AND EMPOWER AMERICANS: THE LONG-TERM VIABILITY AND VIBRANCY OF THE NATIONAL PARKS DEPEND ON A BROADER, MORE DIVERSE, COMMITTED, AND ENGAGED CONSTITUENCY THAT VALUES THE NATIONAL PARK IDEA. TO GAIN BROADER SUPPORT FOR THE PARKS, THE ASSOCIATION WILL SEEK THROUGH THIS STRATEGIC PRIORITY TO CREATE A LARGER NATIONAL PARK COMMUNITY THAT IS ENGAGED, EDUCATED, AND EMPOWERED TO PROTECT AND ENHANCE OUR NATIONAL PARKS AND MONUMENTS. THIS BROADER COMMUNITY WILL INCLUDE NON-TRADITIONAL ALLIES AND A BROADER CONSTITUENCY THAT MORE CLOSELY REPRESENTS THE CHANGING DEMOGRAPHICS OF AMERICA. 10316217 150841 PROTECT AND RESTORE: THE ASSOCIATION PROTECTS PARKS FROM EXTERNAL THREATS THAT NEGATIVELY EFFECT, DEGRADE, OR DESTROY PARK RESOURCES OR VALUES, AND SERVES TO PROTECT, RESTORE, AND MAINTAIN PARK, NATURAL, AND CULTURAL RESOURCES UNIMPAIRED FOR FUTURE GENERATIONS. THE ASSOCIATION HAS OFFICES ACROSS THE COUNTRY TO ENSURE THAT THREATS TO RESOURCES AT OUR PARKS ARE DETECTED EARLY AND SOLUTIONS TO THESE THREATS IMPLEMENTED QUICKLY. THE ASSOCIATION ALSO IDENTIFIES AND CULTIVATES PARK CHAMPIONS WHO CAN ADVANCE POLICIES THAT PROTECT PARKS AND THWART EMERGING THREATS. 2318572 2508 STRENGTHEN AND ENHANCE: THE ASSOCIATION WILL ENSURE THAT THE NATIONAL PARKS HAVE THE MONEY THEY NEED TO KEEP PARKS OPEN, THRIVING, AND IN GOOD REPAIR BY SECURING ADEQUATE FUNDING FOR THE NATIONAL PARK SERVICE AND IDENTIFYING ADDITIONAL PUBLIC AND PRIVATE FUNDING SOURCES. NEW NATIONAL PARKS ARE ADDED TO THE SYSTEM OR EXPANDED TO TELL THE FULL STORY OF AMERICA. THROUGH ITS CENTER FOR PARK MANAGEMENT THE ASSOCIATION WORKS WITH THE NATIONAL PARK SERVICE TO PROMOTE AND ENHANCE THE MANAGEMENT CAPACITY WITHIN THE NATIONAL PARK SERVICE. 25576646 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 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 0 0 0 0 1 161 0 1 198 1 1 1 0 0 0 0 1 1 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT FL GA HI IL KS KY LA MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X X X TIM MOYER 2022938783 777 6TH STREET NW SUITE 700 WASHINGTON DC 20001 FRAN ULMER CHAIR 1.00 X X 0 0 0 ROBERT KEITER VICE CHAIR 1.00 X X 0 0 0 STEPHEN LOCKHART VICE CHAIR 1.00 X X 0 0 0 GREG A VITAL VICE CHAIR 1.00 X X 0 0 0 ROBERTA R KATZ TREASURER 1.00 X X 0 0 0 WENDY BENNETT SECRETARY 1.00 X X 0 0 0 DONALD B AYER TRUSTEE 1.00 X 0 0 0 MARY L BARLEY TRUSTEE 1.00 X 0 0 0 WILLIAM R BERKLEY TRUSTEE 1.00 X 0 0 0 H RAYMOND BINGHAM TRUSTEE 1.00 X 0 0 0 ROBERT F CALLAHAN TRUSTEE 1.00 X 0 0 0 VICTOR H FAZIO TRUSTEE 1.00 X 0 0 0 DENIS P GALVIN TRUSTEE 1.00 X 0 0 0 JOHN HUERTA TRUSTEE 1.00 X 0 0 0 CAROLE T HUNTER TRUSTEE 1.00 X 0 0 0 ALAN J LACY TRUSTEE 1.00 X 0 0 0 ED LEWIS TRUSTEE 1.00 X 0 0 0 WILLIAM J PADE TRUSTEE 1.00 X 0 0 0 AUDREY PETERMAN TRUSTEE 1.00 X 0 0 0 WILLIAM B RESOR TRUSTEE 1.00 X 0 0 0 JAMES T REYNOLDS TRUSTEE 1.00 X 0 0 0 LAURET SAVOY TRUSTEE 1.00 X 0 0 0 THOMAS F SECUNDA TRUSTEE 1.00 X 0 0 0 NORMAN C SELBY TRUSTEE 1.00 X 0 0 0 KEVIN SHARER TRUSTEE 1.00 X 0 0 0 PETER VITOUSEK TRUSTEE 1.00 X 0 0 0 ELIZABETH WADDILL TRUSTEE 1.00 X 0 0 0 H WILLIAM WALTER TRUSTEE 1.00 X 0 0 0 OLENE WALKER TRUSTEE (THROUGH 04/14) 1.00 X 0 0 0 W CLARK BUNTING PRESIDENT AND CEO (BEGINNING 11/13) 40.00 X 55857 0 668 THERESA PIERNO - COO (ACTING CEO THROUGH 11/2013) 40.00 X 255889 0 32077 RON TIPTON SR VP (THROUGH 08/13) 40.00 X 116717 0 10017 KAREN ALLEN VP HR 40.00 X 145960 0 14074 KEVIN BARNHURST VP FINANCE ADMIN IT 40.00 X 188359 0 16324 MARK WENZLER SR VP CONSERVATION 40.00 X 152342 0 18047 CRAIG OBEY SR VP GOVERNMENT AFFAIRS 40.00 X 171779 0 20338 JIM NATIONS VP CENTER FOR PARK 40.00 X 185345 0 17028 ELIZABETH FAYAD GENERAL COUNSEL 40.00 X 151635 0 20282 VANESSA ANDREWS DEPUTY VP OF DEVELOPMENT 40.00 X 159966 0 14217 MINA STANARD VP OF MEMBERSHIP 40.00 X 147791 0 14686 LINDA RANCOURT VP OF COMMUNICATIONS 40.00 X 146282 0 17855 CARLTON JEWETT VP OF REGIONAL AFFAIRS 40.00 X 146119 0 16759 LAURA LOOMIS DEPUTY VP OF GOVERNMENT 40.00 X 132432 0 13837 ELIZABETH BORG SENIOR REGIONAL 40.00 X 130881 0 17087 TOM KIERNAN FORMER PRESIDENT (THROUGH 05/13) 40.00 X 183184 0 29673 2470538 0 272969 30 1 1 0 PRODUCTION SOLUTIONS LLC 1953 GALLOWS ROAD STE 600 VIENA VA 22182 MAIL HOUSE/PRINTING SERVICES 4517598 NAMES IN THE NEWS 180 GRAND AVE STE 1545 OAKLAND CA 94596 MAILING LIST SERVICE 658078 RR DONNELLY PO BOX 730216 DALLAS TX 75373 MAGAZINE PRINTING & DISTRIBUTION 505436 MERKLE RESPONSE SERVICES 100 JAMESON COURT HAGERSTOWN MD 21740 CAGING COMPANY 393627 BLACKBAUD PO BOX 930256 ATLANTA GA 31193 SOFTWARE AND SUPPORT 374287 15 223477 1374865 20000 24405505 467660 26023847 MEMBERSHIP DUES 900099 1095423 1095423 PUBLICATION 541800 267600 6843 260757 1363023 660775 2952 657823 122096 122096 5940 0 5940 5940 5940 2938806 7625 1943876 0 994930 7625 1002555 1002555 140950 1374865 663682 -522732 -522732 MISCELLANEOUS 900099 1787 1787 1787 28657291 1102266 263709 1267469 559151 559151 60000 60000 1818934 1579626 52486 186822 11151694 9222879 128843 1799972 739993 613110 8344 118539 33381 24584 330 8467 983347 818516 13594 151237 87058 85876 1182 54425 53686 739 488384 488384 1681997 1659156 22841 68846 48424 750 19672 6433420 4315743 77750 2039927 750241 740053 10188 635453 446959 6921 181573 1928270 1386582 193961 347727 1262162 1103220 9960 148982 58103 54055 329 3719 408728 293456 41391 73881 PUBLICATION COSTS 705732 705732 SPECIAL EVENTS 497340 514424 4550 -21634 EQUIP. RENTAL/MAINT. 194649 145389 17006 32254 DATA PROCESSING 129818 86363 5274 38181 1386967 1059662 57749 269556 32118093 25576646 654188 5887259 X 6477690 3405359 0 3072331 30133 28897 7293994 6179506 7493203 5181859 62042 57688 255 236204 377757 4198882 2158195 2421233 2040687 31269787 35897700 3252724 2021278 24745 23096 52084065 51808723 2891196 2703593 582173 567860 4921080 5041951 8394449 8313404 X 16313778 15726888 12496331 12989374 14879507 14779057 43689616 43495319 52084065 51808723 X -3460802 3459058 -192553 X 0 1 X 1 0 X 38675583 23965252 23639978 31618029 26023847 143922689 38675583 23965252 23639978 31618029 26023847 143922689 29627874 114294815 828369 1111899 827083 916516 785859 4469726 4698 902 5600 44515 2615 4473 281 1787 53671 148451686 5780479 0.76990 0.66120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 63834 343638 407472 31520332 31927804 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 401021 405843 425251 407472 1639587 250000 250000 250000 250000 1000000 1500000 16096 140157 63834 220087 25326535 9550 4243290 3056 1015254 28561065 14950560 9552094 1280438 456557 25326535 15929452 151272 16891 1147055 14950560 14139310 200000 1642530 52388 15929452 14089310 50000 14139310 0.36110 0.51740 0.12150 0 0 2644439 936938 1707501 592357 564412 27945 962086 656845 305241 2040687 CHARITABLE GIFT ANNUITIES 2230134 DEFFERED RENT ABATEMENT 2811817 5041951 X 34871298 3459058 2283820 471129 6214007 28657291 0 28657291 35065595 2283820 663682 2947502 32118093 0 32118093 PART V, LINE 4: PARK PROTECTION ENDOWMENT: ITS PURPOSE IS TO ENHANCE THE LONG TERM FINANCIAL BASE OF THE ASSOCIATION IN ORDER TO CONSISTENTLY PROPEL THE ORGANIZATION TOWARDS PROTECTING AND ENHANCING AMERICA'S NATIONAL PARKS FOR PRESENT AND FUTURE GENERATIONS. EDAR ENDOWMENT: FOR THE PURPOSE OF CREATING A PERMANENT MEMORIAL ENDOWMENT FUND TO FURTHER THE MISSION OF THE ASSOCIATION. FRANK H. FILLEY AND FAMILY ENDOWMENT FUND: ESTABLISHED AS AN ENDOWMENT GENERALLY SUPPORTING THE ACTIVITIES OF THE ASSOCIATION. H. WILLIAM WALTER ENDOWED INTERNSHIP PROGRAM: THE INVESTMENT INCOME IS TO SUPPORT AN INTERNSHIP PROGRAM AT THE ASSOCIATION, SO THAT COLLEGE AND GRADUATE STUDENTS CAN HAVE AN OPPORTUNITY TO GAIN EXPERIENCE, POSSIBLY LEADING TO CAREERS IN PARK CONSERVATION. STEPHEN TYNG MATHER AWARD: THE INVESTMENT INCOME OF THE FUND IS SPECIFICALLY DIRECTED TO BE USED TO OFFSET THE COST OF THE AWARD, GIVEN EACH YEAR TO A DESERVING NATIONAL PARK SERVICE EMPLOYEE WHO HAS EXHIBITED EXEMPLARY AND DISTINGUISHED PERFORMANCE IN PARK PROTECTION AND ENHANCEMENT. GENERAL NATIONAL PARKS CONSERVATION ASSOCIATION ENDOWMENT FUND: THIS ENDOWMENT WAS INITIATED THROUGH THE GENEROSITY OF JOHN AND JANE STRANDBERG WHO INDICATED A DESIRE TO FUND A GENERAL ENDOWMENT FOR THE ASSOCIATION. NORMAN G COHEN PARK EDUCATION ENDOWMENT: INCOME MAY BE USED TO PROVIDE EDUCATIONAL ACTIVITIES THAT HELP WASHINGTON DC AREA YOUTH APPRECIATE AND UNDERSTAND THE NATIONAL PARKS. YELLOWSTONE CONSERVATION FUND ENDOWMENT: INCOME FROM THE FUND MAY BE USED TO SUPPORT ANY TYPE OF STRATEGY OR PROJECT TO PROTECT THE NATIONAL PARK AND ITS SURROUNDINGS. NORTHEAST REGIONAL OFFICE (NERO) ENDOWMENT: INCOME FROM THIS FUND MAY BE USED FOR ASSOCIATION WORK THAT DIRECTLY SUPPORTS NERO, FOR NERO STAFF SALARIES AND/OR BENEFITS, CONSULTANTS, DIRECT OPERATING EXPENSES, OFFICE SPACE, OR OTHER REASONABLE AND NECESSARY EXPENSES TO MAINTAIN AN EFFECTIVE PRESENCE IN THE NORTHEAST REGION. GRETCHEN LONG ENDOWMENT: THE GRETCHEN LONG ENDOWMENT WAS CREATED BY AND INITIALLY FUNDED BY THE FRIENDS OF GRETCHEN LONG TO HONOR HER SERVICE TO THE ASSOCIATION. FUNDING BY GRETCHEN LONG AND FRIENDS WAS ENDOWED TO SUPPORT THE MISSION OF THE ASSOCIATION. PART X, LINE 2: FOR THE YEARS ENDED JUNE 30, 2014 AND 2013, THE ASSOCIATION HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FEDERAL FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, IS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER IT IS FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED AS EXPENSE ON THE FINANCIAL 663,682. STATEMENT AND NETTED AGAINST REVENUE ON PART VIII, LINE 8C. UNREALIZED LOSS ON CHARITABLE GIFT ANNUITY -192,553. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED AS EXPENSE ON THE FINANCIAL 663,682. STATEMENT AND NETTED AGAINST REVENUE ON PART VIII, LINE 8C. X X X X X X 1 DONOR SERVICES GROUP 6175 SUNSET BLVD LOS ANGELES CA 90028 TELE-FUNDRAISING 0 201615 168776 32839 SD&A TELESERVICES INC 5757 W CENTURY BLVD 300 LOS ANGELES CA 90045 TELE-FUNDRAISING 0 111533 131354 -19821 AVALON CONSULTING 2030 M ST NW 700 WASHINGTON DC 20036 FUNDRAISING CONSULTING 0 0 188254 -188254 313148 488384 -175236 AL AK AZ AR CA CO CT FL GA HI IL KS KY LA MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI NY GALA 1151215 1065615 85600 150020 77930 33700 112545 ANNUAL DINNER 314600 259250 55350 90984 68811 121847 1 50000 50000 7845 1515815 1374865 140950 241004 146741 33700 242237 663682 -522732 1 NATIONAL WILDLIFE FEDERATION 901 E STREET SUITE 400 WASHINGTON DC 20004 530204616 501(C)(3) 418401 IMPROVING NATIONAL PARKS FRIENDS OF ACADIA 43 COTTAGE STREET BAR HARBOR ME 04609 010425071 501(C)(3) 20000 IMPROVING NATIONAL PARKS RAINY LAKE SPORTFISHING CLUB 409 SHORWOOD DRIVE INTERNATIONAL FALLS MN 56649 411509353 501(C)(5) 18000 IMPROVING NATIONAL PARKS APPALACHIAN TRAIL CONSERVANCY 799 WASHINGTON STREET PO BOX 807 HARPERS FERRY WV 25425 526046689 501(C)(3) 20000 IMPROVING NATIONAL PARKS PASSAIC VALLEY SEWERAGE COMMISSION 600 WILSON AVE NEWARK NJ 07105 220886457 GOVERNMENT 10000 IMPROVING NATIONAL PARKS ENVIRONMENTAL DEFENSE FUND 257 PARK AVENUE SOUTH NEW YORK NY 10010 116107128 501(C)(3) 10000 IMPROVING NATIONAL PARKS SOUTH FLORIDA NATIONAL PARKS TRUST 1390 SOUTH DIXIE HIGHWAY 2203 MIAMI FL 33146 134341209 501(C)(3) 57750 IMPROVING NATIONAL PARKS 6 1 HONORARIUMS, GIFTS & AWARDS 100 60000 PART I, LINE 2: GRANTS ARE ONLY AWARDED TO OTHERS WHO ARE PARTNERING IN THE SAME PROJECTS TOWARD MUTUAL GOAL OF BENEFITTING NATIONAL PARKS. THESE ORGANIZATIONS PROVIDE BUDGETS TO NPCA THAT DETAIL THE EXPENDITURES THAT GRANT FUNDS ARE USED FOR. X X X X X 0 0 0 0 0 0 0 1 0 THERESA PIERNO - COO (ACTING CEO THROUGH 11/2013) 227216 0 28673 0 0 0 25500 0 6577 0 287966 0 0 0 KAREN ALLEN VP HR 140960 0 5000 0 0 0 11883 0 2191 0 160034 0 0 0 KEVIN BARNHURST VP FINANCE ADMIN IT 183359 0 5000 0 0 0 14902 0 1422 0 204683 0 0 0 MARK WENZLER SR VP CONSERVATION 147342 0 5000 0 0 0 12726 0 5321 0 170389 0 0 0 CRAIG OBEY SR VP GOVERNMENT AFFAIRS 166779 0 5000 0 0 0 14282 0 6056 0 192117 0 0 0 JIM NATIONS VP CENTER FOR PARK 185345 0 0 0 0 0 14634 0 2394 0 202373 0 0 0 ELIZABETH FAYAD GENERAL COUNSEL 146635 0 5000 0 0 0 12761 0 7521 0 171917 0 0 0 VANESSA ANDREWS DEPUTY VP OF DEVELOPMENT 159966 0 0 0 0 0 12866 0 1351 0 174183 0 0 0 MINA STANARD VP OF MEMBERSHIP 142791 0 5000 0 0 0 12028 0 2658 0 162477 0 0 0 LINDA RANCOURT VP OF COMMUNICATIONS 141282 0 5000 0 0 0 11875 0 5980 0 164137 0 0 0 CARLTON JEWETT VP OF REGIONAL AFFAIRS 141119 0 5000 0 0 0 12082 0 4677 0 162878 0 0 0 TOM KIERNAN FORMER PRESIDENT (THROUGH 05/13) 183184 0 0 0 0 0 27639 0 2034 0 212857 0 0 0 PART I, LINE 7 THE FOLLOWING BONUSES ARE REPORTED ON PART VII OF THE 990: THERESA PIERNO $28,673 KAREN ALLEN $5,000 KEVIN BARNHURST $5,000 MARK WENZLER $5,000 CRAIG OBEY $5,000 ELIZABETH FAYAD $5,000 MINA STANARD $5,000 LINDA RANCOURT $5,000 CARLTON JEWETT $5,000 LAURA LOOMIS $2,000 ELIZABETH BORG $1,500 X 57 467660 MARKET VALUE 0 0 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS IS REPORTED IN THIS COLUMN. FORM 990, PART VI, SECTION B, LINE 11 THE 990, ONCE RECEIVED FROM THE HIRED PREPARER, WAS REVIEWED BY TIM MOYER, CFO, THERESA PIERNO, EVP, AND CLARK BUNTING, PRESIDENT & CEO. ONCE IT WAS APPROVED THE 990 WAS SENT TO THERESA PIERNO FOR SIGNATURE, THEN TO THE BOARD FOR REVIEW BEFORE SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND EMPLOYEES OF ALL LEVELS ARE SURVEYED EACH YEAR REGARDING CONFLICTS OF INTEREST. IF A CONFLICT OF INTEREST ARISES, THE ORGANIZATION SEEKS REMUNERATION, IF NEEDED AND ENDS ANY FUTURE OCCURRENCES. FURTHER, IF AN UNDISCLOSED CONFLICT OF INTEREST IS SUSPECTED, THE INTERESTED PERSON CALLS THE POTENTIAL CONFLICT TO THE ATTENTION OF THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR A TIMELY AND APPROPRIATE INVESTIGATION AND RESOLUTION. IF THE POTENTIAL CONFLICT INVOLVES AN OFFICER OR TRUSTEE THE MATTER IS FORWARDED TO THE FULL BOARD OF TRUSTEES FOR INVESTIGATION AND RESOLUTION. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S OFFICERS INCLUDES A REVIEW BY THE BOARD. THERE IS USE OF COMPARABILITY DATA AND THE BOARDS' DECISION IS DOCUMENTED. THE LAST COMPENSATION REVIEW TOOK PLACE ON JUNE 30, 2014. COMPENSATION OF THE ORGANIZATION'S KEY EMPLOYEES INCLUDES A REVIEW BY THE BOARD'S OFFICERS. THERE IS USE OF COMPARABILITY DATA AND THE BOARDS'DECISION IS DOCUMENTED. 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. FORM 990, PART XI, LINE 9: UNREALIZED LOSS ON CHARITABLE GIFT ANNUITY -192,553.