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        <ContributorAddressUS>
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          <AddressLine2>RESTRICTED</AddressLine2>
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          <State>RESTRICTED</State>
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        <Identifier>DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:</Identifier>
        <ReturnReference>PART V, LINE 4:</ReturnReference>
        <Explanation>DAVID RIDDELL SCHOLORSHIP WHICH ALLOWS INDIVIDUALS TO PARTICIPATE IN SITE EDUCATIONAL PROGRAMS.</Explanation>
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      <Form990ScheduleDPartXIV>
        <Identifier>DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:</Identifier>
        <ReturnReference>PART X:</ReturnReference>
        <Explanation>THE FOUNDATION HAS ADOPTED FASB ACCOUNTING STANDARDS CODIFICATION NO. 740 10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, (ASC 740-10), WHICH CLARIFIES THE ACCOUNTING FOR INCOME TAXES BY PRESCRIBING A MINIMUM RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. THE FOUNDATION WAS NOT REQUIRED TO RECORD A LIABILITY FOR UNRECOGNIZED TAX BENEFITS AS A RESULT OF IMPLEMENTING THE NEW REQUIREMENTS.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>PART XII, LINE 2D - OTHER ADJUSTMENTS:</Identifier>
        <Explanation>SPECIAL EVENTS EXPENSE 264,682.</Explanation>
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      <Form990ScheduleDPartXIV>
        <Identifier>PART XIII, LINE 2D - OTHER ADJUSTMENTS:</Identifier>
        <Explanation>SPECIAL EVENTS EXPENSE 264,682.</Explanation>
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    </IRS990ScheduleD>
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        <CharitableContributionsTotal>505983</CharitableContributionsTotal>
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        <RentFacilityCostsTotalEvents>104073</RentFacilityCostsTotalEvents>
        <FoodAndBeverageTotalEvents>16649</FoodAndBeverageTotalEvents>
        <OtherDirectExpensesTotalEvents>143960</OtherDirectExpensesTotalEvents>
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        <NetIncomeSummary>-91122</NetIncomeSummary>
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    </IRS990ScheduleG>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION A, LINE 3</ReturnReference>
        <Explanation>THE ORGANIZATION HAS CONTRACTED WITH SMITHBUCKLIN TO PERFORM ALL MANAGEMENT FUNCTIONS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 11</ReturnReference>
        <Explanation>A COPY OF THE 990 IS PROVIDED TO THE BOARD PRIOR TO BEING FILED WITH THE IRS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 12C</ReturnReference>
        <Explanation>CONFLICT OF INTEREST POLICY IS MONITORED BY THE BOARD, SPECIFICALLY THE PRESIDENT. CONFLICTS OF INTEREST MUST BE ANNOUNCED AT BOARD MEETINGS. THESE ARE KEPT ON FILE BY THE ORGANIZATION.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION C, LINE 19</ReturnReference>
        <Explanation>CONFLICT OF INTEREST POLICY IS NOT MADE PUBLIC. ANY CONFLICTS OF INTEREST ARE ADDRESSED BY THE BOARD AND KEPT ON FILE. FINANCIAL STATEMENTS ARE AVAILABLE IN THE "MEMBERS ONLY" SECTION OF THE ORGANIZATION'S WEBSITE. GOVERNING DOCUMENTS ARE ALSO AVAILABLE TO MEMBERS ONLY.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART XI, LINE 2C</ReturnReference>
        <Explanation>THE FOUNDATION HAS NOT CHANGED THE PROCESS FOR OVERSIGHT OF THE AUDIT NOR SELECTION OF INDEPENDENT ACCOUNTANTS DURING THE YEAR.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
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        </NameOfDisregardedEntity>
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          <City>CHICAGO</City>
          <State>IL</State>
          <ZIPCode>60611</ZIPCode>
        </AddressUS>
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        <PrimaryActivities>PROVIDES INFORMATIONAL SERVICES TO THOSE IN THE INCENTIVE TRAVEL INDUSTRY</PrimaryActivities>
        <LegalDomicileState>IL</LegalDomicileState>
        <ExemptCodeSection>501(C)(6)</ExemptCodeSection>
        <DirectControllingEntityName>
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      <SharingOfFacilities>0</SharingOfFacilities>
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      <OtherTransferFromOtherOrg>0</OtherTransferFromOtherOrg>
      <TransactionsRelatedOrgsTable>
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          <BusinessNameLine1>SOCIETY OF INCENTIVE AND TRAVEL</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>D</TransactionType>
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    </IRS990ScheduleR>
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</Return>