AMERICAN COUNCIL ON EDUCATION: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: AMERICAN COUNCIL ON EDUCATION (EIN 53-0196573)
Tax period: 2010-10-01 to 2011-09-30
Filed: 2012-06-29
IRS object ID: 201211819349300711
Schema version: 2010v3.7
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule F
Schedule I
Schedule J
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-06-29T10:27:30-04:00	Timestamp
Tax Period End Date	2011-09-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	KPMG LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	1676 International Drive	AddressLine1
City	McLean	City
State	VA	State
ZIP Code	22102	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-10-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	530196573	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	American Council on Education	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	AMER	NameControl
Phone	2029399330	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	One Dupont Circle NW	AddressLine1
City	Washington	City
State	DC	State
ZIP Code	200361193	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	MOLLY C BROAD	Name
Title	PRESIDENT	Title
Date Signed	2012-06-27	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Phone	7032868000	Phone

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Doing Business As DoingBusinessAs

Field	Value	IRS element (for citing)
Business Name Line1	ACE	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	MARGARET BROAD	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	ONE DUPONT CIRCLE NW	AddressLine1
City	WASHINGTON	City
State	DC	State
ZIP Code	20036	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	62212010	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.ACENET.EDU	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1918	YearFormation
State Legal Domicile	DC	StateLegalDomicile
Activity Or Mission Description	THE AMERICAN COUNCIL ON EDUCATION SEEKS TO PROVIDE LEADERSHIP AND A UNIFYING VOICE ON KEY HIGHER EDUCATION ISSUES AND TO INFLUENCE PUBLIC POLICY THROUGH REPRESENTATION, RESEARCH, AND PROGRAM INITIATIVES.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	34	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	34	NbrIndependentVotingMembers
Total Nbr Employees	272	TotalNbrEmployees
Total Nbr Volunteers	47	TotalNbrVolunteers
Total Gross UBI	292069	TotalGrossUBI
Net Unrelated Business Txbl Income	-199910	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	27209221	ContributionsGrantsPriorYear
Contributions Grants Current Year	32336742	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	22414650	ProgramServiceRevenuePriorYear
Program Service Revenue CY	25838968	ProgramServiceRevenueCY
Investment Income Prior Year	625343	InvestmentIncomePriorYear
Investment Income Current Year	924106	InvestmentIncomeCurrentYear
Other Revenue Prior Year	1171971	OtherRevenuePriorYear
Other Revenue Current Year	1153870	OtherRevenueCurrentYear
Total Revenue Prior Year	51421185	TotalRevenuePriorYear
Total Revenue Current Year	60253686	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	9165399	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	10312112	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	24340629	SalariesEtcPriorYear
Salaries Etc Current Year	21769186	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	984841	TotalFundrsngExpCurrentYear
Other Expense Prior Year	14081372	OtherExpensePriorYear
Other Expenses Current Year	18246309	OtherExpensesCurrentYear
Total Expenses Prior Year	47587400	TotalExpensesPriorYear
Total Expenses Current Year	50327607	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	3833785	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	9926079	RevenuesLessExpensesCY
Total Assets BOY	74255434	TotalAssetsBOY
Total Assets EOY	86155904	TotalAssetsEOY
Total Liabilities BOY	24088382	TotalLiabilitiesBOY
Total Liabilities EOY	27929930	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	50167052	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	58225974	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	THE AMERICAN COUNCIL ON EDUCATION (ACE) IS THE MAJOR COORDINATING BODY FOR HIGHER EDUCATION IN THE UNITED STATES. FOUNDED IN 1918, ACE SEEKS TO PROVIDE LEADERSHIP AND A UNIFYING VOICE ON KEY HIGHER EDUCATION ISSUES AND TO INFLUENCE PUBLIC POLICY THROUGH REPRESENTATION, RESEARCH, AND PROGRAM INITIATIVES. ACE AIMS TO FOSTER GREATER COLLABORATION AND NEW PARTNERSHIPS WITHIN AND OUTSIDE THE HIGHER EDUCATION COMMUNITY TO HELP COLLEGES AND UNIVERSITIES ANTICIPATE AND ADDRESS THE CHALLENGES OF THE 21ST CENTURY AND CONTRIBUTE TO A STRONGER NATION AND A BETTER WORLD. ACE VALUES INCLUSIVENESS AND DIVERSITY, RECOGNIZES HIGHER EDUCATION'S RESPONSIBILITY TO SOCIETY, AND EMBRACES THE BELIEF THAT WIDESPREAD ACCESS TO EXCELLENT POSTSECONDARY EDUCATIONAL OPPORTUNITIES IS THE CORNERSTONE OF A DEMOCRATIC SOCIETY.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	21081323	Expense
Grants	8757711	Grants
Revenue	5505485	Revenue
Description	PROFESSIONAL DEVELOPMENT PROGRAMS - THESE PROGRAMS PROVIDE VALUABLE OPPORTUNITIES FOR INDIVIDUAL AND INSTITUTIONAL DEVELOPMENT. THE EXECUTIVE LEADERSHIP GROUP OFFERS CRITICAL NETWORKING AND EDUCATIONAL PROGRAMMING FOR SENIOR-LEVEL CAMPUS LEADERS WITH SPECIAL FOCUS ON PRESIDENTS, CHIEF ACADEMIC OFFICERS, VICE PRESIDENTS, AND OTHERS. THE EMERGING LEADERS GROUP OFFERS LEADERSHIP DEVELOPMENT PROGRAMS AND NETWORKING OPPORTUNITIES FOR MID-LEVEL ADMINISTRATORS. THE INCLUSIVE EXCELLENCE GROUP HELPS FOSTER GREATER DIVERSITY AND INCLUSION IN HIGHER EDUCATION THROUGH LEADERSHIP DEVELOPMENT AND EDUCATIONAL PROGRAMS DESIGNED TO BROADEN THE HIGHER EDUCATION PIPELINE AS WELL AS RESEARCH INITIATIVES FOCUSED ON ANALYZING EMERGING TRENDS ON THE STATUS OF UNDERREPRESENTED GROUPS IN HIGHER EDUCATION. BECAUSE ACE RECOGNIZES THAT GLOBAL PERSPECTIVES ARE CRITICAL TO SOLVING CONTEMPORARY PROBLEMS, ENSURING ACADEMIC EXCELLENCE AND PREPARING A WORLD-CLASS WORKFORCE, ITS INTERNATIONAL INITIATIVES PROGRAMS AND SERVICES ARE INTERTWINED WITH BROADER LEADERSHIP DEVELOPMENT PROGRAMS IN ORDER TO SUPPORT AND ENHANCE INTERNATIONALIZATION ON U.S. CAMPUSES. ACE'S HIGHER EDUCATION IN DEVELOPMENT PROGRAM, FUNDED BY A COOPERATIVE AGREEMENT WITH THE U.S. AGENCY FOR INTERNATIONAL DEVELOPMENT COORDINATES ENGAGEMENT OF THE U.S. HIGHER EDUCATION COMMUNITY WITH ORGANIZATIONS OVERSEAS TO ADDRESS DEVELOPMENT CHALLENGES.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	11851582	Expense
Grants	950750	Grants
Revenue	10003909	Revenue
Description	CENTER FOR LIFELONG LEARNING - FOR MORE THAN 65 YEARS, THE AMERICAN COUNCIL ON EDUCATION (ACE) HAS BEEN A NATIONAL LEADER IN THE EVALUATION OF EDUCATION AND TRAINING OBTAINED OUTSIDE THE CLASSROOM. ITS WORK ENSURES THE VALIDITY OF NONTRADITIONAL LEARNING AND ADULT ACCESS TO AND SUCCESS IN POSTSECONDARY EDUCATION AND THE WORKFORCE. THE CENTER FOR LIFELONG LEARNING ADDRESSES ADULT LEARNING CHALLENGES WITH A RANGE OF ACTIVITIES THAT INCLUDE NATIONAL INITIATIVES, RESEARCH PROGRAMS, SERVICES, ONLINE RESOURCES, WORKSHOPS AND PUBLICATIONS. THROUGH THESE MEANS, INCLUDING THE COLLEGE CREDIT RECOMMENDATION SERVICE AND EVALUATION OF MILITARY COURSES AND OCCUPATIONS, THE CENTER FOR LIFELONG LEARNING HELPS ADULTS OBTAIN ACADEMIC CREDIT FOR FORMAL COURSES AND EXAMINATIONS TAKEN OUTSIDE TRADITIONAL COLLEGES AND UNIVERSITIES. IN CONJUNCTION WITH THESE PROGRAMS, THE CENTER'S REGISTRY SERVICES PROVIDE TRANSCRIPTS FOR ADULT LEARNERS WHO HAVE TAKEN ACE-EVALUATED CORPORATE AND MILITARY PROGRAMS. THE CENTER ALSO ENGAGES IN POLICY WORK THAT ADVANCES LIFELONG LEARNING FOR ADULTS ACROSS NUMEROUS SECTORS NATIONWIDE. MOST RECENTLY, ACE HAS BEEN INVOLVED WITH PROGRAMS TO SUPPORT ACTIVE DUTY MILITARY AS WELL AS VETERANS. THROUGH GRANT-FUNDED PROJECTS, ACE HAS CREATED A TOOLKIT FOR VETERAN-FRIENDLY INSTITUTIONS AND PROVIDES SERVICES TO WOUNDED MILITARY PERSONNEL AT BETHESDA WALTER REED.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	4636206	Expense
Grants	486151	Grants
Revenue	520	Revenue
Description	GOVERNMENT RELATIONS AND PUBLIC AFFAIRS - COORDINATES AND PUBLICIZES THE EFFORTS OF THE HIGHER EDUCATION COMMUNITY IN REPRESENTING ITS CONCERNS TO THE FEDERAL GOVERNMENT. ACE PREPARES TESTIMONY FOR CONGRESSIONAL HEARINGS, COMMENTS ON PROPOSED FEDERAL LEGISLATION AND REGULATIONS, AND FILES AMICUS CURIAE BRIEFS ON COURT CASES WITH IMPORTANT IMPLICATIONS FOR HIGHER EDUCATION. A KEY BENEFIT OF ACE MEMBERSHIP IS ACCESS TO HIGHER EDUCATION RESEARCH AND PUBLICATIONS. ACE PUBLISHES PAPERS, MONOGRAPHS, RESEARCH REPORTS AND BOOKS ON THE TOPICS OF STUDENT FINANCIAL AID, DEMOGRAPHIC TRENDS IN HIGHER EDUCATION, ACADEMIC PREPARATION FOR COLLEGE, AND THE COLLEGE PRESIDENCY, AMONG OTHER TOPICS. ANOTHER MEANS OF DISSEMINATION OF THIS INFORMATION IS THE ACE ANNUAL MEETING WHICH IS AN IDEAL SETTING FOR NETWORKING WITH COLLEAGUES AND ADDRESSING FUTURE CHALLENGES OF HIGHER EDUCATION.	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	6813467	TotalOfOtherProgramServiceExp
Total Of Other Program Service Grnt	117500	TotalOfOtherProgramServiceGrnt
Total Of Other Program Service Rev	7838804	TotalOfOtherProgramServiceRev
Total Program Service Expense	44382578	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	true	LobbyingActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	true	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	true	ForeignActivities
More Than5000 K To Organizations	true	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	true	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	true	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	true	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	true	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	398	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	272	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Form990-T Filed	true	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	34	NbrVotingGoverningBodyMembers
Number Independent Voting Members	34	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	true	InvestmentInJointVenture
Written Policy Or Procedure	true	WrittenPolicyOrProcedure
States Where Copy Of Return Is Filed	DC	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	FL	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	NY	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	MARGARET BROAD	NamePerson
Telephone Number	2029399310	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	ONE DUPONT CIRCLE NW	AddressLine1
City	WASHINGTON	City
State	DC	State
ZIP Code	20036	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (64 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee
COLE SUSAN A
DIRECTOR	1.0	X	0	0	0
GANN PAMELA B
DIRECTOR	1.0	X	0	0	0
GENSHAFT JUDY
DIRECTOR	1.0	X	0	0	0
MARTIN CAROLYN A BIDDY
DIRECTOR	1.0	X	0	0	0
MCGUIRE PATRICIA
DIRECTOR	1.0	X	0	0	0
MIDDLETON CHARLES
DIRECTOR	1.0	X	0	0	0
REILLY KEVIN P
DIRECTOR	1.0	X	0	0	0
WONG LESLIE
DIRECTOR	1.0	X	0	0	0
AOUN JOSEPH
DIRECTOR	1.0	X	0	0	0
AYERS EDWARD
DIRECTOR	1.0	X	0	0	0
CURRIE DING-JO
DIRECTOR	1.0	X	0	0	0
GARIBALDI ANTOINE
DIRECTOR	1.0	X	0	0	0
MITCHELL HORACE
DIRECTOR	1.0	X	0	0	0
NATALICIO DIANA
DIRECTOR	1.0	X	0	0	0
SEXTON JOHN
DIRECTOR	1.0	X	0	0	0
YUDOF MARK
DIRECTOR	1.0	X	0	0	0
HARRIS BRICE W
DIRECTOR	1.0	X	0	0	0
MARX ANTHONY W
DIRECTOR	1.0	X	0	0	0
MATOS RODRIGUEZ FELIX V
DIRECTOR	1.0	X	0	0	0
MAXWELL DAVID
DIRECTOR	1.0	X	0	0	0
MULLEN JAMES H
DIRECTOR	1.0	X	0	0	0
PADRON EDUARDO J
DIRECTOR	1.0	X	0	0	0
ROMO RICARDO
DIRECTOR	1.0	X	0	0	0
TURNER GERALD R
DIRECTOR	1.0	X	0	0	0
MILLER KEITH L
DIRECTOR	1.0	X	0	0	0
PRUITT GEORGE A
DIRECTOR	1.0	X	0	0	0
DAHL CHRISTOPHER C
DIRECTOR	1.0	X	0	0	0
PRIVETT STEPHEN A SJ
DIRECTOR	1.0	X	0	0	0
LINNANE BRIAN SJ
DIRECTOR	1.0	X	0	0	0
MASON SALLY
DIRECTOR	1.0	X	0	0	0
MARTIN GEORGE E
DIRECTOR	1.0	X	0	0	0
ANDERSON LOREN J
DIRECTOR	1.0	X	0	0	0
RHOADES GARY
DIRECTOR	1.0	X	0	0	0
STEWART DEBRA W
DIRECTOR	1.0	X	0	0	0
WALDA JOHN
DIRECTOR	1.0	X	0	0	0
KHATOR RENU
DIRECTOR	1.0	X	0	0	0
BOSCHINI VICTOR
DIRECTOR	1.0	X	0	0	0
DISTEFANO PHILIP
DIRECTOR	1.0	X	0	0	0
GORA JOANN
DIRECTOR	1.0	X	0	0	0
MCAULIFFE JANE
DIRECTOR	1.0	X	0	0	0
REILLY KEVIN P
DIRECTOR	1.0	X	0	0	0
SPANGLER MARY
DIRECTOR	1.0	X	0	0	0
WATSON WAYNE
DIRECTOR	1.0	X	0	0	0
NORTON KAY
DIRECTOR	1.0	X	0	0	0
MILLIKEN JAMES B
DIRECTOR	1.0	X	0	0	0
GARLAND JOHN W
DIRECTOR	1.0	X	0	0	0
PRAGER SUSAN WESTERBERG
DIRECTOR	1.0	X	0	0	0
WELLS RICHARD
DIRECTOR	1.0	X	0	0	0
MCCALLIN NANCY
DIRECTOR	1.0	X	0	0	0
BROAD MARGARET C
PRESIDENT	50.0		451635	0	248284	X
HARTLE TERRY
SVP, GOV'T & PA	50.0		319854	0	130599	X
PIPPINS SHIRLEY
SVP, PROGRAMS & SERVICES	50.0		341413	0	117355	X
TOMITZ JEFFREY A
CHIEF FINANCIAL OFFICER	50.0		227344	0	71529	X
BABBY ELLEN
VP, ADVANCEMENT & MEMBER SERV.	50.0		240080	0	75435		X
COLLINS COLEEN
ASST. VP, HR & OPERATIONS SERV	50.0		197017	0	61976		X
FREEMAN KARA
CHIEF INFORMATION OFFICER	50.0		197211	0	62064		X
MELOY ADA
GENERAL COUNSEL	50.0		249349	0	78206		X
SELBE JAMES
ASST. VP, LIFELONG LEARNING	50.0		182678	0	52127		X
CHESTANGNICOLE
VICE PRESIDENT & EXEC DIR GEDT	50.0		281199	0	22843		X
VAN UMMERSEN CLAIRE
VP, EFFECTIVE LEADERSHIP	50.0		244843	0	76610			X
GREEN MADELEINE F
VP, INT'L INITIATIVES	50.0		243847	0	76666			X
TIMMONS BECKY
ASST. VP, GOV'T RELATIONS	50.0		205746	0	64643			X
MCDONOUGH TIMOTHY
ASST. VP, PUBLIC AFFAIRS	50.0		207785	0	65360			X
KING JACQUELINE
ASST.VP,CTR FOR POLICY ANALYS.	50.0		160242	0	50411			X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	3750243	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	1254108	TotalOtherCompensation
Number Individuals GT100 K	36	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
EDUCATION TESTING SERVICE
4897 COLLECTION CENTER DR	CHICAGO	IL	60693	EDUCATION RESEARCH	1441188
NCS PEARSON INC
13036 COLLECTION DRIVE	CHICAGO	IL	60693	EDUCATIONAL CONSLTG	812039
WARFIELD SANFORD ELEVATOR COMPANY
7811 ACADEMY LANE	LAUREL	MD	20707	SERVICE & REPAIR	489165
CMGRP Inc
PO Box 7247-6593	PHILADELPHIA	PA	191706593	PR SERVICES	444369
MARINER SYSTEM INC
1670 S AMPHLETT BLVD SUITE 300	SAN MATEO	CA	94402	APPLICATIONS MGMT	282770

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	15	NumberOfContractorsGT100K
Membership Dues	6378844	MembershipDues
Government Grants	21256197	GovernmentGrants
All Other Contributions	4701701	AllOtherContributions
Noncash Contributions	596670	NoncashContributions
Total Contributions	32336742	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue
TESTING AND REGISTRATION FEES	900099	15355637	15355637
RENT INCOME	532000	5624208	5624208
GARAGE PARKING	812930	304965	302104	2861
SALES AND OTHER INCOME	900099	464929	464929
INVESTMENT IN JOINT VENTURE	900099	4089229	4089229

Field	Value	IRS element (for citing)
Total Program Service Revenue	25838968	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	820998	TotalRevenueColumn
Exclusion	$820,998	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	316779	TotalRevenueColumn
Exclusion	$316,779	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	1616322	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	1513214	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	103108	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	103108	TotalRevenueColumn
Exclusion	$103,108	ExclusionAmount

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	1233858	GrossSalesOfInventory
Cost Of Goods Sold	445110	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	788748	TotalRevenueColumn
Related Or Exempt Function Income	547883	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	240865	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	THE PRESIDENCY - PUBLICATION ADVERTISING	Description
Business Code	541800	BusinessCode
Total Revenue Column	48343	TotalRevenueColumn
Unrelated Business Revenue	48343	UnrelatedBusinessRevenue

Field	Value	IRS element (for citing)
Total Other Revenue	48343	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	60253686	TotalRevenueColumn
Related Or Exempt Function Income	26383990	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	292069	UnrelatedBusinessRevenue
Exclusion	$1,240,885	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	10312112	Total
Program Services	10312112	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	3051197	Total
Program Services	2644349	ProgramServices
Management And General	315150	ManagementAndGeneral
Fundraising	91698	Fundraising

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	11600578	Total
Program Services	9975177	ProgramServices
Management And General	1228832	ManagementAndGeneral
Fundraising	396569	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	1025035	Total
Program Services	883741	ProgramServices
Management And General	106821	ManagementAndGeneral
Fundraising	34473	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	5137960	Total
Program Services	4442314	ProgramServices
Management And General	518355	ManagementAndGeneral
Fundraising	177291	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	954416	Total
Program Services	822856	ProgramServices
Management And General	99462	ManagementAndGeneral
Fundraising	32098	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	307811	Total
Program Services	124199	ProgramServices
Management And General	183612	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	272182	Total
Program Services	0	ProgramServices
Management And General	272182	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	45512	Total
Program Services	0	ProgramServices
Management And General	45512	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	4120822	Total
Program Services	3506967	ProgramServices
Management And General	583596	ManagementAndGeneral
Fundraising	30259	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	16368	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	16368	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	1910945	Total
Program Services	1593688	ProgramServices
Management And General	266673	ManagementAndGeneral
Fundraising	50584	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	313371	Total
Program Services	253252	ProgramServices
Management And General	55470	ManagementAndGeneral
Fundraising	4649	Fundraising

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	3382792	Total
Program Services	2939038	ProgramServices
Management And General	334061	ManagementAndGeneral
Fundraising	109693	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	2048747	Total
Program Services	1981033	ProgramServices
Management And General	60270	ManagementAndGeneral
Fundraising	7444	Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	988563	Total
Program Services	939489	ProgramServices
Management And General	48159	ManagementAndGeneral
Fundraising	915	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	212075	Total
Program Services	0	ProgramServices
Management And General	212075	ManagementAndGeneral

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	1437322	Total
Program Services	1073091	ProgramServices
Management And General	351715	ManagementAndGeneral
Fundraising	12516	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	91604	Total
Program Services	10827	ProgramServices
Management And General	80519	ManagementAndGeneral
Fundraising	258	Fundraising

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
AWARDS TO SUBRECIPIENTS	1416222	1416222
REPAIRS AND MAINTENANCE	870678	696442	159861	14375
MISCELLANEOUS	607870	564506	37713	5651
BAD DEBT AND WRITE DOWNS	203275	203275
REAL ESTATE AND OTHER TAXES	150	0	150

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	50327607	Total
Program Services	44382578	ProgramServices
Management And General	4960188	ManagementAndGeneral
Fundraising	984841	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	4761250	BOY
EOY	4762091	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	7089267	BOY
EOY	7088300	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	3342354	BOY
EOY	1488126	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	14726616	BOY
EOY	91858	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	1356404	BOY
EOY	1974487	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	31012342	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	24207941	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	6789379	BOY
EOY	6804401	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	33484877	BOY
EOY	37744865	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	531581	BOY
EOY	178303	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	1481298	BOY
EOY	24958888	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	692408	BOY
EOY	1064585	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	74255434	BOY
EOY	86155904	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	9760559	BOY
EOY	10296791	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	6139594	BOY
EOY	9844922	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	4852398	BOY
EOY	4441332	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	3335831	BOY
EOY	3346885	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	24088382	BOY
EOY	27929930	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	44601928	BOY
EOY	52321406	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	5565124	BOY
EOY	5904568	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	50167052	BOY
EOY	58225974	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	74255434	BOY
EOY	86155904	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	9926079	ReconcilationRevenueExpenses
Reconcilation Other Changes	-1867157	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	X	PubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	33639716	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	26661435	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	33168594	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	27209221	CurrentTaxYearMinus1Year
Current Tax Year	32336742	CurrentTaxYear
Total	153015708	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	16169666	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	19214079	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	19497552	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	23634652	CurrentTaxYearMinus1Year
Current Tax Year	26831961	CurrentTaxYear
Total	105347910	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	49809382	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	45875514	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	52666146	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	50843873	CurrentTaxYearMinus1Year
Current Tax Year	59168703	CurrentTaxYear
Total	258363618	Total

Field	Value	IRS element (for citing)
Public Support Total509	258363618	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	8384803	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	7301447	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	7003142	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1936660	CurrentTaxYearMinus1Year
Current Tax Year	1137777	CurrentTaxYear
Total	25763829	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	8384803	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	7301447	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	7003142	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1936660	CurrentTaxYearMinus1Year
Current Tax Year	1137777	CurrentTaxYear
Total	25763829	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	58194185	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	53176961	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	59669288	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	52780533	CurrentTaxYearMinus1Year
Current Tax Year	60306480	CurrentTaxYear
Total	284127447	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.90932	PublicSupportPercentage509
Prior Year Support Percentage	0.89039	PriorYearSupportPercentage
Investment Income Percentage	0.09068	InvestmentIncomePercentage
Prior Yr Invest Income Percentage	0.10906	PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbying

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals

Total Direct Lobbying TotalDirectLobbying

Field	Value	IRS element (for citing)
Filing Organizations Totals	181047	FilingOrganizationsTotals

Total Lobbying Expenditures TotalLobbyingExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	181047	FilingOrganizationsTotals

Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	50146560	FilingOrganizationsTotals

Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures

Field	Value	IRS element (for citing)
Filing Organizations Totals	50327607	FilingOrganizationsTotals

Lobbying Nontaxable LobbyingNontaxableAmount

Field	Value	IRS element (for citing)
Filing Organizations Totals	1000000	FilingOrganizationsTotals

Grassroots Nontaxable GrassrootsNontaxableAmount

Field	Value	IRS element (for citing)
Filing Organizations Totals	250000	FilingOrganizationsTotals

Tot Lobbying Grassroot Minus Non Tx TotLobbyingGrassrootMinusNonTx

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals

Tot Lobby Expend Mns Lobbying Nontx TotLobbyExpendMnsLobbyingNontx

Field	Value	IRS element (for citing)
Filing Organizations Totals	0	FilingOrganizationsTotals

Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2

Field	Value	IRS element (for citing)
Current Year Minus3	1000000	CurrentYearMinus3
Current Year Minus2	1000000	CurrentYearMinus2
Current Year Minus1	1000000	CurrentYearMinus1
Current Year	1000000	CurrentYear
Total	4000000	Total

Field	Value	IRS element (for citing)
Lobbying Ceiling	$6,000,000	LobbyingCeilingAmount

Total Lobbying Expenditures2 TotalLobbyingExpenditures2

Field	Value	IRS element (for citing)
Current Year Minus3	545122	CurrentYearMinus3
Current Year Minus2	317411	CurrentYearMinus2
Current Year Minus1	204725	CurrentYearMinus1
Current Year	181047	CurrentYear
Total	1248305	Total

Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2

Field	Value	IRS element (for citing)
Current Year Minus3	250000	CurrentYearMinus3
Current Year Minus2	250000	CurrentYearMinus2
Current Year Minus1	250000	CurrentYearMinus1
Current Year	250000	CurrentYear
Total	1000000	Total

Field	Value	IRS element (for citing)
Grassroots Ceiling	$1,500,000	GrassrootsCeilingAmount

Grassroots Lobbying Expenditures GrassrootsLobbyingExpenditures

Field	Value	IRS element (for citing)
Current Year Minus3	0	CurrentYearMinus3
Current Year Minus2	0	CurrentYearMinus2
Current Year Minus1	0	CurrentYearMinus1
Current Year	0	CurrentYear
Total	0	Total

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amts		ArtPublicExhibitionAmts
Held Works Of Art Amts		HeldWorksOfArtAmts

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	2678042	OtherCostOrOtherBasis
Book Value	2678042	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	17975272	OtherCostOrOtherBasis
Depreciation	17061317	Depreciation
Book Value	482614	BookValue

Field	Value	IRS element (for citing)
Leasehold Improvements		LeaseholdImprovements

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	10359028	OtherCostOrOtherBasis
Depreciation	7146624	Depreciation
Book Value	3643745	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	0	OtherCostOrOtherBasis
Depreciation	0	Depreciation
Book Value	0	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	6804401	TotalOfBookValueLandBuildings
Total Of Book Value Program Related	24958888	TotalOfBookValueProgramRelated
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
INTEREST RATE SWAP	$278,041
RETIREE MEDICAL BENEFIT OBLIGA	$3,068,844

Field	Value	IRS element (for citing)
Total Of Amounts	3346885	TotalOfAmounts
Total Revenue	60253686	TotalRevenue
Total Expenses	50327607	TotalExpenses
Excess Or Deficit For Year	9926079	ExcessOrDeficitForYear
Net Unrealized GL On Investments	-1856103	NetUnrealizedGLOnInvestments
Other	-$11,054	OtherAmount
Total Adjustments	-1867157	TotalAdjustments
Excess Or Deficit Per FS	8058922	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	59010517	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	-1856103	NetUnrealizedGainsInvestments
Donated Srvc And Use Of Facilities	31885	DonatedSrvcAndUseOfFacilities
Other Revenues	135939	OtherRevenues
Revenue Not Rptd F990	-1688279	RevenueNotRptdF990
Revenue Subtotal	60698796	RevenueSubtotal
Other Revenues Not Included	-445110	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	-445110	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	60253686	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	50951595	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	31885	DonatedServicesUseOfFacilities
Other Expenses Included	592103	OtherExpensesIncluded
Expenses Not Rptd F990	623988	ExpensesNotRptdF990
Expenses Subtotal	50327607	ExpensesSubtotal
Total Expenses Per Form990	50327607	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
COUNCIL TAX STATUS	SCHEDULE D, PART X	THE COUNCIL HAS BEEN GRANTED EXEMPTION FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN FURTHER CLASSIFIED AS A PUBLIC CHARITY. THE COUNCIL EARNS UNRELATED BUSINESS INCOME DERIVED FROM PUBLICATION ADVERTISING AND RENTAL INCOME FROM FOR-PROFIT ENTITIES. HOWEVER, NO TAXES WERE PAYABLE ON SUCH AMOUNTS FOR THE YEARS ENDED SEPTEMBER 30, 2011 AND 2010, AS ALLOWABLE DEDUCTIBLE EXPENSES EXCEEDED UNRELATED INCOME. THE COUNCIL APPLIES A "MORE-LIKELY-THAN-NOT" THRESHOLD TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN.
RECONCILIATION OF NET ASSETS	SCHEDULE D, PART XI, LINE 8	GAIN ON INTEREST RATE SWAP $135,939 POSTRETIREMENT CHARGE OTHER THAN NET PERIODIC BENEFIT COST <146,993> ========= TOTAL OTHER CHANGES: <11,054>
RECONCILIATION OF REVENUE	SCHEDULE D, PART XII, LINE 2D	GAIN ON INTEREST RATE SWAP $135,939 ======== SCHEDULE D, PART XII, LINE 4B COST OF GOODS SOLD $<445,110> ========
RECONCILIATION OF EXPENSES	SCHEDULE D, PART XIII, LINE 2D	POSTRETIREMENT CHARGE OTHER THAN NET PERIODIC BENEFIT COST 146,993 RECLASSIFICATION OF COST OF GOODS SOLD 445,110 ========= TOTAL: 592,103

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	true	GrantRecordsMaintained

Accts Actvs Out US Table AcctsActvsOutUSTable (8 entries)

RegionRegion	Type Of Activities ConductedTypeOfActivitiesConducted	Specific Services ProvidedSpecificServicesProvided	Total ExpendituresTotalExpenditures
Central America and the Caribbean	Program Services	INTL DEVELOPM OF EDUC	225844
Europe (Including Iceland and Greenland)	Program Services	INTL DEVELOPM OF EDUC	329650
Middle East and North Africa	Program Services	INTL DEVELOPM OF EDUC	2272253
North America	Program Services	INTL DEVELOPM OF EDUC	3426384
South America	Program Services	INTL DEVELOPM OF EDUC	807464
South Asia	Program Services	INTL DEVELOPM OF EDUC	101442
Sub-Saharan Africa	Program Services	INTL DEVELOPM OF EDUC	5448521
Sub-Saharan Africa	Grantmaking		460852

Field	Value	IRS element (for citing)
Subtotal Number Of Offices	0	SubtotalNumberOfOffices
Subtotal Number Of Employees	0	SubtotalNumberOfEmployees
Total Number Of Offices	0	TotalNumberOfOffices
Total Number Of Employees	0	TotalNumberOfEmployees
Subtotal Amount Spent	13072410	SubtotalAmountSpent
Total Amount Spent	13072410	TotalAmountSpent

Grants To Orgs Outside US GrantsToOrgsOutsideUS (3 entries)

RegionRegion	Purpose Of GrantPurposeOfGrant	Amount Of Cash GrantAmountOfCashGrant
Sub-Saharan Africa	DIVERSITY	368263
Sub-Saharan Africa	DIVERSITY	64623
Sub-Saharan Africa	DIVERSITY	27966

Field	Value	IRS element (for citing)
Total Number Of501c3 Orgs	0	TotalNumberOf501c3Orgs
Total Number Of Other Orgs	3	TotalNumberOfOtherOrgs
Transfer To Foreign Corp	false	TransferToForeignCorp
Interest In Foreign Trust	false	InterestInForeignTrust
Own Foreign Corp	false	OwnForeignCorp
Passive Foreign Invest Co	false	PassiveForeignInvestCo
Foreign Partnership	false	ForeignPartnership
Boycott Countries	false	BoycottCountries

Form990 Schedule F Part V Form990ScheduleFPartV (2 entries)

IdentifierIdentifier

ExplanationExplanation

SCHEDULE F, PART I, LINE 2 - MONITORING FUNDS

The American Council on Education (ACE) receives federal funds through its office of Higher Education for Development (HED) and the office of Leadership and Lifelong Learning (LLL). In accordance with federal government administrative requirements, ACE performs subrecipient monitoring of funds it receives from federal sources in order to ensure that the funds are being used for their intended purpose and that there are no OMB Circular A-133 audit findings that may adversely affect the use of the subrecipient's grant funds. Subrecipient monitoring efforts are a joint effort of program and finance staff. While a number of ACE's subrecipient monitoring efforts are common to each of the federally-funded offices, there is also a series of specific monitoring efforts dedicated specifically to management of HED subrecipients and LLL recipients, which are implemented on a case-by-case or "as needed" basis, such as specific training or specific templates for subrecipents. The special efforts are developed to accommodate the different nature and needs of the programs and their respective recipients. 4. Funding Mechanisms 4.1. Higher Education for Development (HED) HED receives funding from the United States Agency for International Development (USAID) and the Department of State (DOS) through cooperative agreements. HED has a Leader-With-Associate (LWA) cooperative agreement with USAID, whereby a large portion of the funds received are required to be subawarded to partnerships between American and foreign higher education institutions. USAID Missions and other federal agencies can buy into the LWA to add funding for specific activities in two ways: 1) Adding funds directly into the LWA; or 2) Adding funds to an Associate. In addition to the Leader-With-Associate award and the Associate Awards from USAID, HED received a Cooperative Agreement from the DOS during the summer of 2011. The DOS agreement also has the requirement to pass the funds to partnerships between American and foreign institutions for Higher Education. Through a competitive award process, the funds from USAID and DOS are subawarded to the American institutions of higher education, which then pass part of the funds to the foreign institutions. The foreign institutions of higher education are the sub-subawardees of funds from USAID and DOS. 4.2. Leadership for Lifelong Learning (formerly named "Program and Services") ACE also receives funding from a Cooperative Agreement with USAID-South Africa Mission. The Cooperative Agreement was awarded to ACE to provide technical assistance and skills development to Further Education Training Colleges (FETCs) in South Africa. Under this Cooperative Agreement, ACE established subagreements with US-based nonprofit organizations, South Africa-based healthcare organizations, and South Africa-based FETCs. 5. Grants & Contracts Unit Monitoring Efforts The Grants & Contracts Unit of ACE's Finance and Budget Department (G&C unit) conducts monitoring efforts that take place in different stages and ways during the life of a subaward, from application to close-out. During the life of an award, ACE/G&C Unit uses a database to track its partners to ensure A-133 reports, quarterly invoices and foreign tax reports are submitted in a timely manner. 5.1. Application phase During the application phase, ACE presents the applicants with a budget application package that compels the disclosure of financial information and existing financial systems that will ensure proper management of federal funds. The package consists of five documents: 1) A Microsoft Excel budget form; 2) A sample of the budget form populated with a fictional budget to provide the applicants with examples of how to utilize the template; 3) A Microsoft Word budget narrative sample that goes with the budget sample provided, so applicants can visualize what kind of information the budget narrative should contain; 4) A Microsoft Powerpoint presentation that lays out the rules for proper budgeting under the federal cost principles and provides references to the federal regulations; and 5) A Microsoft Word checklist to be completed once the budget is finalized to aid the applicant in ensuring that all requirements have been fulfilled. With each application package, an institution is required to submit a budget, a budget narrative, a copy of its NICRA letter, and any other policies relevant for the budget review, such as institutional policies for fringe benefits and equipment. Additionally, starting in FY12, applicants will be required to complete a pre-award survey in which they answer specific questions about the capabilities of their financial systems. As an extra effort to ensure that partners have comprehensive understanding of the cost principles and federal regulations from the application phase, ACE G&C Unit also provides support to partners during the application phase. This support consists of participation in webinars that program staff conduct with applicants during the application phase, where partners can ask questions and are often presented with a tutorial of how to use the budget template provided. In addition, G&C staff are available for questions during the application phase. 5.2. Post-award phase Once a partner is selected, G&C unit and program staff jointly monitor the progress of the partnership through collection of financial reports, cost share reports, programmatic narrative reports, OMB Circular A-133 audit reports, tax reports, annual implementation work plans and budgets, and continuous contact with partners by phone, e-mail, or face-to-face meetings. From time to time ACE also incorporates site visits and trainings as part of its monitoring efforts. 5.2.1. Financial and Cost Share Reports ACE subaward agreements require that subawardees submit quarterly financial reports and quarterly cost share reports to program staff. A template for these reports is provided to partners as an attachment to the subaward agreements. The reports track total approved budget, total expenses for the period, and total cumulative expenses, both for the federal portion of the subaward and cost share. Subawardees are required to submit quarterly financial and cost share reports to ACE 30 days after the end of each quarter. The only exception to this requirement is the fourth quarter reports, which are due to ACE on October 15th. This allows ACE to properly process all payments to partners and close its own fiscal year within the deadlines established by ACE's Board of Directors. Reports of a financial nature go through a series of internal reviews prior to payment. The program specialist in charge of managing the partnership conducts the first review, comparing expenditures on award and cost share against the approved budgets and based on his/her knowledge of the activities conducted by the partner during the quarter being reviewed. The program specialist also checks the reports for mathematical errors, for improper charges, and for other inconsistencies. Once the program specialist provides the first program approval, he/she submits the report to his/her supervisor for the second program approval. With the second program approval, the reports are sent to the G&C Unit. The Grants Specialist at the G&C Unit once again checks expenses against approved budgets and provides a second review of mathematical checks and compliance issues. With the approval of the Grants Specialist, the report is then submitted to the Director of Grants & Contracts, who provides the final review and final approval prior to payment. 5.2.2. Programmatic Reports ACE subaward agreements require that subawardees submit semi-annual progress reports to program staff. Once again, a template for these reports is provided to partners as an attachment to the subaward agreements. The narrative programmatic reports are used to track and monitor the partnership progress and accomplishments and are submitted directly to the program specialist who is managing the partnership. More about this particular monitoring tool is described below in the session "Program Monitoring Efforts". 5.2.3. Audit Reports As described below, ACE obtains audit reports from its partners annually. Any partner's audit findings that affect or may have a direct impact on ACE subawards are followed-up directly with the partner within six months after the receipt of the subrecipient's audit report. ACE sends follow-up letters to all organizations that have not submitted an audit report before November 30 of each year. Foreign Partners Foreign organizations are not subject to OMB Circular A-133 requirements. ACE sends a an audit certification letter to the foreign partners, around the same period of the local partners' letter. The letter informs the partners that, in accordance with the requirements of the Automated Directives System (ADS) 591, foreign organizations spending $300,000 or more during their fiscal year in USAID awards shall have an annual finan

SCHEDULE F, PART I, LINE 3, COLUMN (F)

EXPENSES ARE REPORTED ACCORDING TO ACE'S BOOKS AND RECORDS.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	true	RecordsMaintained

Recipient Table RecipientTable (69 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EIN Of RecipientEINOfRecipient	IRC SectionIRCSection	Amount Of Cash GrantAmountOfCashGrant	Purpose Of GrantPurposeOfGrant	Address Line2AddressUS/AddressLine2
ALAMO COMMUNITY COLLEGE DISTRICT
811 W HOUSTON ST	SAN ANTONIO	TX	78207	746002173	501(c)(3)	122907	SUPPORT DIVERSITY
AMERICAN ASSOC OF COMMUNITY COLLEGES
				530196569	115	18789	SUPPORT DIVERSITY
APPALACHIAN STATE UNIVERSITY
JOHN E THOMAS BLDG	BOONE	NC	28608	561176030	115	95976	SUPPORT DIVERSITY
ARIZONA STATE UNIVERSITY
PO BOX 873503	TEMPLE	AZ	852873503	860196696	115	107930	SUPPORT DIVERSITY
ASSN OF PUBLIC & LAND GRANT UNIVERSITIES
PO BOX 75263	BALTIMORE	MD	21275	530183246		68329	SUPPORT DIVERSITY
BROWN UNIVERSITY
PO BOX 1929	PROVIDENCE	RI	02912	050258809	501(c)(3)	38086	SUPPORT DIVERSITY
CALIFORNIA STATE UNIVERSITY FULLERTON
2600 NUTWOOD AVE	FULLERTON	CA	92831	952081258	115	35495	SUPPORT DIVERSITY
CENTRAL COMMUNITY COLLEGE
PO BOX 4903	GRAND ISLAND	NE	68802	470728813	115	37569	SUPPORT DIVERSITY
COLORADO STATE UNIVERSITY
6015 CMPS DEL OSP	FT COLLINS	CO	80523	846000545	115	87856	SUPPORT DIVERSITY
CORNELL UNIVERSITY
PO BOX 22	ITHACA	NY	148510022	150532082	501(c)(3)	126516	SUPPORT DIVERSITY
DUQUESNE UNIVERSITY
427 RANGOS BLDG	PITTSBURGH	PA	15282	251035663	115	80607	SUPPORT DIVERSITY
EASTERN IOWA COMMUNITY COLLEGE DISTRICT
306 W RIVER DRIVE	DAVENPORT	IA	52801	421430209	115	104780	SUPPORT DIVERSITY
EASTERN MENNONITE UNIVERSITY
1200 PARK ROAD	HARRISONBURG	VA	22802	540575812	501(c)(3)	101212	SUPPORT DIVERSITY
EMORY UNIVERSITY
1599 CLIFTON ROAD	ATLANTA	GA	303224250	580566256	501(c)(3)	285820	SUPPORT DIVERSITY	4TH FLOOR
FAIRFIELD UNIVERSITY
1073 N BENSON RD	FAIRFIELD	CT	06824	060646623	501(c)(3)	46178	SUPPORT DIVERSITY
FLORIDA INTERNATIONAL UNIVERSITY
UNIVERSITY PARK CAMPUS	MIAMI	FL	33199	650177616	501(c)(3)	73563	SUPPORT DIVERSITY	11200 SW 8TH ST MARC 470
GATEWAY TECHNICAL COLLEGE
3520 30TH AVE	KENOSHA	WI	53144	391290708	501(c)(3)	173690	SUPPORT DIVERSITY
GEORGIA STATE UNIVERSITY
PO BOX 3999	ATLANTA	GA	303023999	581845423	115	680494	SUPPORT DIVERSITY
HIGHLINE COMMUNITY COLLEGE
2400 SO 240TH	DES MOINES	WA	98198	237428279	115	48276	SUPPORT DIVERSITY
HILLSBOROUGH COMMUNITY COLLEGE
PO BOX 31127	TEMPA	FL	336313127	591219841	115	28820	SUPPORT DIVERSITY
ILLINOIS INSTITUTE OF TECHNOLOGY
CONT OFC LOCKBOX 95152	CHICAGO	IL	60694	362170136	501(c)(3)	160918	SUPPORT DIVERSITY
INDIANA UNIVERSITY
400 E 7TH ST ROOM 436	BLOOMINGTON	IN	47408	352134409	115	135957	SUPPORT DIVERSITY
JOBS FOR THE FUTURE
2000 PA AVE NW	WASHINGTON	DC	20006	061164568	501(c)(3)	33376	SUPPORT DIVERSITY
JOHNS HOPKINS UNIVERSITY
12529 COLLECTIONS CTR DR	CHICAGO	IL	60693	520595110	501(c)(3)	548438	SUPPORT DIVERSITY
KANSAS STATE UNIVERSITY
10 ANDERSON HALL	MANHATTAN	KS	665060108	480771751	115	162443	SUPPORT DIVERSITY
MACOMB COMMUNITY COLLEGE
14500 E 12 MILE ROAD	WARREN	MI	48088	383495303	115	8653	SUPPORT DIVERSITY
MICHIGAN STATE UNIVERSITY
301 ADMIN BLDG	E LANSING	MI	48824	386005984	115	224237	SUPPORT DIVERSITY
MICHIGAN TECHNOLOGICAL UNIVERSITY
1400 TOWNSEND DRIVE	HOUGHTON	MI	49931	386005955	501(c)(3)	125226	SUPPORT DIVERSITY
MIDDLESEX COMMUNITY COLLEGE
33 KEARNEY SQUARE	LOWELL	MA	08152	042973384	115	49483	SUPPORT DIVERSITY
MISSOURI SOUTHERN STATE UNIVERSITY
3950 E NEWMAN ROAD	JOPLIN	MO	648011595	430813540	115	27619	SUPPORT DIVERSITY
NASSAU COMMUNITY COLLEGE
ONE EDUCATION DRIVE	GARDEN CITY	NY	11530	112533314	115	54135	SUPPORT DIVERSITY
NORTH DAKOTA STATE UNIVERSITY
DEPT 3130	FARGO	ND	581086050	456002439	115	95882	SUPPORT DIVERSITY
NORTHERN VIRGINIA COMMUNITY COLLEGE
4001 WAKEFIELD CHAP RD	ANNANDALE	VA	22003	530249730	115	10016	SUPPORT DIVERSITY
OHIO STATE UNIVERSITY
1960 KENNY RD	COLUMBUS	OH	432101063	316025986	115	215121	SUPPORT DIVERSITY
OHIO UNIVERSITY
280 HDL CENTER	ATHENS	OH	45701	316402113	501(c)(3)	153094	SUPPORT DIVERSITY
RED ROCKS COMMUNITY COLLEGE
13300 W 6TH AVE	LAKEWOOD	CO	80228	841139105	115	121018	SUPPORT DIVERSITY	BOX 16
RESEARCH FOUNDATION CUNY
230 W 41ST ST	NEW YORK	NY	10036	131988190	501(c)(3)	60766	SUPPORT DIVERSITY
RESEARCH FOUNDATION OF SUNY
PO BOX 9	ALBANY	NY	122010009	141368361	501(c)(3)	222377	SUPPORT DIVERSITY
ROCHESTER INSTITUTE OF TECHNOLOGY
7 LOMB MEM DR	ROCHESTER	NY	146235608	160743140	501(c)(3)	71627	SUPPORT DIVERSITY
SAN DIEGO STATE UNIVERSITY RESEARCH FDTN
5250 CAMPANILE DRIVE	SAN DIEGO	CA	92182	956042721	501(c)(3)	12186	SUPPORT DIVERSITY
SOUTH CAROLINA STATE UNIVERSITY
300 COLLEGE AVE NE	ORANGEBURG	SC	29117	576000950	115	158561	SUPPORT DIVERSITY
SOUTHWESTERN UNIVERSITY SCHOOL OF LAW
3050 WILSHIRE BLVD	LOS ANGELES	CA	90010	951246140	501(c)(3)	103778	SUPPORT DIVERSITY
ST LOUIS UNIVERSITY
3700 WEST PINE	ST LOUIS	MO	63104	430654872	501(c)(3)	8950	SUPPORT DIVERSITY
SYRACUSE UNIVERSITY
OFC OF SPON ACCTG	SYRACUSE	NY	13244	150532081	501(c)(3)	140633	SUPPORT DIVERSITY
THE FUND FOR PUBLIC SCHOOLS
4360 BROADWAY	NEW YORK	NY	10033	112656137		467836	SUPPORT DIVERSITY	SUITE 428
TULANE UNIVERSITY
800 E COMMERCE RD	HARAHAN	LA	70123	720423889	501(c)(3)	321941	SUPPORT DIVERSITY
TUSKEGEE UNIVERSITY
CARNEGIE HALL 4TH FL	TUSKEGEE	AL	36088	630288878	501(c)(3)	129524	SUPPORT DIVERSITY
UNIV OF ARIZONA
PO BOX 3520	TUCSON	AZ	857223520	742652689	115	57278	SUPPORT DIVERSITY
UNIV OF CALIFORNIA SAN DIEGO
9500 GILMAN DR	LA JOLLA	CA	92093	952872494	115	583952	SUPPORT DIVERSITY	108 DATE BLDG 0631-C
UNIV OF COLORADO BOULDER
SPON PROJ ACCTG	BOULDER	CO	803090574	846000555	115	74196	SUPPORT DIVERSITY
UNIV OF CONNECTICUT
438 WHITNEY RE EXT	STORRS	CT	062691133	060772160	115	236262	SUPPORT DIVERSITY	UNIT 113
UNIV OF GEORGIA
475 N LUMPKIN ST	ATHENS	GA	306025333	586001998	115	74617	SUPPORT DIVERSITY
UNIV OF LOUISIANA AT LAFAYETTE
PO BOX 40400	LAFAYETTE	LA	70504	726000820	115	22823	SUPPORT DIVERSITY
UNIV OF MASSACHUSETTS BOSTON
100 MORRISSEY BLVD	BOSTON	MA	02125	043167352	115	52982	SUPPORT DIVERSITY
UNIV OF TEXAS AT AUSTIN
PO BOX 7159	AUSTIN	TX	787137159	746000203	115	59842	SUPPORT DIVERSITY
UNIV OF TEXAS AT EL PASO
OFC OF CONT GNT	EL PASO	TX	79968	746000813	115	437676	SUPPORT DIVERSITY
UNIVERSITY OF CINCINNATI
PO BOX 691031	CINCINNATI	OH	45269	310896555	115	304334	SUPPORT DIVERSITY
UNIVERSITY OF FLORIDA
PO BOX 113001	GAINESVILLE	FL	32611	591867557	115	191584	SUPPORT DIVERSITY
UNIVERSITY OF HAWAII
2530 DOLE STREET	HONOLULU	HI	96822	996000354	115	85688	SUPPORT DIVERSITY
UNIVERSITY OF NEBRASKA - LINCOLN
312N 14TH ALEX WEST	LINCOLN	NE	68588	271324754	115	120256	SUPPORT DIVERSITY
UNIVERSITY OF PITTSBURGH
3100 CATH OF LEARNING	PITTSBURGH	PA	15260	250965591	115	382666	SUPPORT DIVERSITY
UNIVERSITY OF SAN DIEGO
5998 ALCALA PARK	SAN DIEGO	CA	92110	952544535	115	165188	SUPPORT DIVERSITY
UNIVERSITY OF SOUTHERN MAINE
PO BOX 9300	PORTLAND	ME	04104	016000769	115	108973	SUPPORT DIVERSITY
UTAH STATE UNIVERSITY
400 OLD MAIN HILL	LOGAN	UT	843222400	876000528	115	196055	SUPPORT DIVERSITY
VIRGINIA POLYTECHNIC INST & STATE UNIV
1880 PRAATT DR	BLACKSBURG	VA	24060	546001805	501(c)(3)	249968	SUPPORT DIVERSITY	STE 2006
WASHTENAW COMMUNITY COLLEGE
4800 E HURON RIVER DR	ANN ARBOR	MI	48105	382575395	115	48621	SUPPORT DIVERSITY
WESTERN ILLINOIS UNIVERSITY
ONE UNIVERSITY CIR	MACOMB	IL	614551390	370910458	115	36564	SUPPORT DIVERSITY
WILLIAM DAVIDSON INSTITUTE
724 E UNIV AVE	ANN ARBOR	MI	481091234	383048086	501(c)(3)	286969	SUPPORT DIVERSITY
YOUTHBUILD USA
58 DAY STREET	SOMERVILLE	MA	02144	223076454	501(c)(3)	329025	SUPPORT DIVERSITY

Field	Value	IRS element (for citing)
Total Nbr Of501 C3 And Govt Grants	70	TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations	2	TotalNbrOfOtherOrganizations

Form990 Schedule I Part IV Form990ScheduleIPartIV (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
MONITORING THE USE OF GRANT FUNDS	FORM 990, SCHEDULE I, PART I, LINE 2	The American Council on Education (ACE) receives federal funds through its office of Higher Education for Development (HED) and the office of Leadership and Lifelong Learning (LLL). In accordance with federal government administrative requirements, ACE performs subrecipient monitoring of funds it receives from federal sources in order to ensure that the funds are being used for their intended purpose and that there are no OMB Circular A-133 audit findings that may adversely affect the use of the subrecipient's grant funds. Subrecipient monitoring efforts are a joint effort of program and finance staff. While a number of ACE's subrecipient monitoring efforts are common to each of the federally-funded offices, there is also a series of specific monitoring efforts dedicated specifically to management of HED subrecipients and LLL recipients, which are implemented on a case-by-case or "as needed" basis, such as specific training or specific templates for subrecipents. The special efforts are developed to accommodate the different nature and needs of the programs and their respective recipients. 1. Funding Mechanisms 1.1. Higher Education for Development (HED) HED receives funding from the United States Agency for International Development (USAID) and the Department of State (DOS) through cooperative agreements. HED has a Leader-With-Associate (LWA) cooperative agreement with USAID, whereby a large portion of the funds received are required to be subawarded to partnerships between American and foreign higher education institutions. USAID Missions and other federal agencies can buy into the LWA to add funding for specific activities in two ways: 1) Adding funds directly into the LWA; or 2) Adding funds to an Associate. In addition to the Leader-With-Associate award and the Associate Awards from USAID, HED received a Cooperative Agreement from the DOS during the summer of 2011. The DOS agreement also has the requirement to pass the funds to partnerships between American and foreign institutions for Higher Education. Through a competitive award process, the funds from USAID and DOS are subawarded to the American institutions for higher education, which then pass part of the funds to the foreign institutions. The foreign institutions for higher education are the sub-subawardees of funds from USAID and DOS. 1.2. Leadership for Lifelong Learning (formerly named "Program and Services") ACE also receives funding from a Cooperative Agreement with USAID-South Africa Mission. The Cooperative Agreement was awarded to ACE to provide technical assistance and skills development to Further Education Training Colleges (FETCs) in South Africa. Under this Cooperative Agreement, ACE established subagreements with US-based nonprofit organizations, South Africa-based healthcare organizations, and South Africa-based FETCs. 2. Grants & Contracts Unit Monitoring Efforts The Grants & Contracts Unit of ACE's Finance and Budget Department (G&C unit) conducts monitoring efforts that take place in different stages and ways during the life of a subaward, from application to close-out. During the life of an award, ACE/G&C Unit uses a database to track its partners to ensure A-133 reports, quarterly invoices and foreign tax reports are submitted in a timely manner. 2.1. Application phase During the application phase, ACE presents the applicants with a budget application package that compels the disclosure of financial information and existing financial systems that will ensure proper management of federal funds. The package consists of five documents: 1) A Microsoft Excel budget form; 2) A sample of the budget form populated with a fictional budget to provide the applicants with examples of how to utilize the template; 3) A Microsoft Word budget narrative sample that goes with the budget sample provided, so applicants can visualize what kind of information the budget narrative should contain; 4) A Microsoft PowerPoint presentation that lays out the rules for proper budgeting under the federal cost principles and provides references to the federal regulations; and 5) A Microsoft Word checklist to be completed once the budget is finalized to aid the applicant in ensuring that all requirements have been fulfilled. With each application package, an institution is required to submit a budget, a budget narrative, a copy of itsNICRA letter, and any other policies relevant for the budget review, such as institutional policies for fringe benefits and equipment. Additionally, starting in FY12, applicants will be required to complete a pre-award survey in which they answer specific questions about the capabilities of their financial systems. As an extra effort to ensure that partners have comprehensive understanding of the cost principles and federal regulations from the application phase, ACE G&C Unit also provides support to partners during the application phase. This support consists of participation in webinars that program staff conduct with applicants during the application phase, where partners can ask questions and are often presented with a tutorial of how to use the budget template provided. In addition, G&C staff are available for questions during the application phase. 2.2. Post-award phase Once a partner is selected, G&C unit and program staff jointly monitor the progress of the partnership through collection of financial reports, cost share reports, programmatic narrative reports, OMB Circular A-133 audit reports, tax reports, annual implementation work plans and budgets, and continuous contact with partners by phone, e-mail, or face-to-face meetings. From time to time ACE also incorporates site visits and trainings as part of its monitoring efforts. 2.2.1. Financial and Cost Share Reports ACE subaward agreements require that subawardees submit quarterly financial reports and quarterly cost share reports to program staff. A template for these reports is provided to partners as an attachment to the subaward agreements. The reports track total approved budget, total expenses for the period, and total cumulative expenses, both for the federal portion of the subaward and cost share. Subawardees are required to submit quarterly financial and cost share reports to ACE 30 days after the end of each quarter. The only exception to this requirement is the fourth quarter reports, which are due to ACE on October 15th. This allows ACE to properly process all payments to partners and close its own fiscal year within the deadlines established by ACE's Board of Directors. Reports of a financial nature go through a series of internal reviews prior to payment. The program specialist in charge of managing the partnership conducts the first review, comparing expenditures on award and cost share against the approved budgets and based on his/her knowledge of the activities conducted by the partner during the quarter being reviewed. The program specialist also checks the reports for mathematical errors, for improper charges, and for other inconsistencies. Once the program specialist provides the first program approval, he/she submits the report to his/her supervisor for the second program approval. With the second program approval, the reports are sent to the G&C Unit. The Grants Specialist at the G&C Unit once again checks expenses against approved budgets and provides a second review of mathematical checks and compliance issues. With the approval of the Grants Specialist, the report is then submitted to the Director of Grants & Contracts, who provides the final review and final approval prior to payment. 2.2.2. Programmatic Reports ACE subaward agreements require that subawardees submit semi-annual progress reports to program staff. Once again, a template for these reports is provided to partners as an attachment to the subaward agreements. The narrative programmatic reports are used to track and monitor the partnership progress and accomplishments and are submitted directly to the program specialist who is managing the partnership. More about this particular monitoring tool is described below in the session "Program Monitoring Efforts". 2.2.3. Audit Reports As described below, ACE obtains audit reports from its partners annually. Any partner's audit findings that affect or may have a direct impact on ACE subawards are followed-up directly with the partner within six months after the receipt of the subrecipient's audit report. ACE sends follow-up letters to all organizations that have not submitted an audit report before November 30 of each year.
MONITORING THE USE OF GRANTS FUNDS (CONT)	FORM 990, SCHEDULE I, PART I, LINE 2	Domestic Partners OMB Circular A-133 requires any non-federal organization expending $500,000 in federal awards in any given year to have an audit conducted in accordance with standards established by the Office of Management and Budget (OMB). Accordingly, an organization receiving a subaward from ACE that meets this criterion is required to conduct an audit in accordance with OMB Circular A-133. Subawardees that do not meet the Circular A-133 audit requirement are asked to conduct an annual independent audit. ACE uses a database to track its university partners to ensure A-133 reports are submitted in a timely manner. Annually, ACE requests partnerships to submit the A-133 reports of their institutions and reviews the reports received for any internal control or compliance findings. As part of the review process, ACE considers the impact of any findings on its own financial records. To ensure that the audit reports are submitted to ACE timely the G&C unit sends a letter to all its domestic subawardees around July or August of every year. This letter requests that the organization certifies whether it is subject to Circular A-133 audit or not, and, if applicable, to provide ACE with a copy of their current audit report. A sample of the letter sent out to the American university partners is on each partnership agreement file or it is kept electronically. The audit reports for the prior fiscal year are to be submitted to ACE's Senior Contract Accountant, who reviews the reports and enters them into the G&C database system, with the date of receipt. 2.2.4. Annual Implementation Work Plans and Budgets The LWA and the Associate Awards require HED to submit annual work plans and budgets for the following fiscal year. By April 30th of every year, partners present to HED their work plans and budgets for the following fiscal year that starts October 1st. Some awards have different deadlines so HED incorporates the different deadlines in its subawards as well. HED then submits its own implementation plans to USAID on July 1st. The partners are provided with a template in which they lay out, by quarter, their activities and targets for the following fiscal year. The work plan is then accompanied by a budget for the same period, also divided by quarters. The program specialists review the work plans and budgets to ensure that the activities and expenses proposed are the ones approved in the subaward agreement. The targets established in the annual work plans then serve as a guideline for program specialists to monitor progress and accomplishments reported both in the quarterly financial reports and on the semi-annual progress reports. 2.2.5. Site Visits ACE systematically budgets funds for partnership site visits that are planned as part of its subrecipient monitoring efforts. The partners to be visited are selected based on a risk assessment that is identified by staff during the ongoing monitoring of the partnership activities. Once a need for a site visit is identified, ACE puts together a team that will visit the partners. The team normally consists of two to three members of the G&C Unit, plus the program specialist in charge of the partnership. In some cases, a member of the ACE legal counsel team also attends the visits. During the site visits, the Grants and Contracts Unit staff review financial records (i.e. quarterly financial and cost share reports) and obtain supporting documentation to substantiate the amounts reported to ACE. The program specialist reviews documentation of a programmatic nature and interviews the Principal Investigator to further assess the progress and the status of the partnership. The legal counsel member reviews institutional policies and investigates overall compliance with federal regulations during the life of the partnership. When a staff from the legal counsel cannot attend these visits, a member of the G&C Unit takes up the role of investigating compliance and review of institutional policies related to the subaward. 2.2.6. Training As specific needs of HED or LLL are identified, the G&C Unit provides training for both ACE program staff and partners. For instance, in FY11, the G&C Unit provided three training sessions for its partners and two training sessions for ACE staff. For partners, the training focused in management of federal funds and compliance requirements. The training was tailored specifically to the audience attending each session: One training session was conducted in February 2011 and was exclusively dedicated to the partners working under the HED Africa Initiative. HED's partners traveled to ACE's offices and attended a two-day seminar that included an overview of the requirements for financial and programmatic compliance. The success of the training for the HED Africa Initiative partners led to another training, this time in April in New Orleans, for the partners participating of the HED BMENA initiative. Once again, an overview of the financial and programmatic elements required to ensure compliance was provided, followed by a question-and-answers session. Finally, in July, the Director of Grants and Contracts and the Program Manager for the LLL took a one-week trip to South Africa to provide the same kind of financial and programmatic training, this time to the FTE colleges. Four sites were visited during the course of a week, with about 30 people trained on financial and programmatic compliance. To these partners, who are less experienced with management of federal funds, the G&C Unit also provided a special financial reporting tool to each organization to facilitate their reporting of expenses. 2.3. Closeout Phase When performance period of each partnership ends, program staff and the G&C Unit staff review the final report and submit final vouchers from the partner for final payment, observing the same procedures for payment from the post-award phase. Specific procedures are required from the partners for closeout on a case-by-case basis, such as observance of proper disposal of equipment and supplies, contractor release forms, etc. Copies of final reports are submitted to awarding agency. 3. Program Specialists Monitoring Efforts Program Specialists at the program offices are also responsible for monitoring results for their specifically assigned sub-award agreements. A program management manual addressed to Program Specialists that includes partnership-monitoring procedures is available. Each cooperative agreement and associate cooperative agreement document describes the specific monitoring and reporting requirements. Partnerships are monitored primarily by their performance objectives and each objective includes two parts: an activity and its expected outcome. 3.1. HED Program Specialists Monitoring Efforts HED compiles monthly program monitoring reports for partnerships, each with format and schedule determined in consultation with the AOTR (Agreement Officer Technical Representative) and in compliance with the provision of the Leader or Associate Cooperative Agreement. Reporting templates are sent to partnership directors and, once populated, are reviewed by HED's Director of Quality and Impact to insure that data gathered every six months from HED partnerships responds to USAID's Indicators for Higher Education. HED staff monitors compliance to ensure that performance objectives specified in each partnership award are attained. Monitoring takes the form of: - Review of reports and follow-up with partnerships by phone or e-mail - Annual portfolio reviews for each Program Specialist - Site visits to selected partnerships for intensive monitoring - Periodic impact assessments, including field visits to in-country partners for progress evaluation. Reports for the results of monitoring activities are included in the semi-annual reports that ACE delivers to USAID. Separate reports are prepared to describe the impact assessment studies. The Program Specialists also monitor submission of the quarterly financial expenditure reports and quarterly cost share reports. These expenditure reports are compared against the approved budget in the sub-agreement or the latest modification to the sub-award. Any amounts over the budgeted categories are disallowed unless a budget re-allocation is requested. Similarly, any funds not spent within the budgeted period will be disallowed, unless a no cost extension is requested and granted.
MONITORING THE USE OF GRANT FUNDS (CONT.2)	FORM 990, SCHEDULE I, PART I, LINE 2	3.2. LLL Program Monitoring Efforts The LLL Program designated an International Program Manager as the person responsible for monitoring efforts for subaward agreements under the LLL program. The International Program Manager assists with overall managerial support under the USAID Cooperative Agreement for all U.S. implementing partners, ensuring that funds are administered in accordance with the terms and conditions in the award, and that audit requirements for recipients and sub-recipients of federal awards are met. Each subaward agreement document describes the specific monitoring and reporting requirements for each partner. The International Program Manager monitors compliance to ensure that performance objectives specified in each sub-cooperative agreement are attained. Monitoring takes the form of: - Review of reports and follow-up with the partners by phone or e-mail. - Provides reports on the results of monitoring activities, which are included in the semi-annual reports to USAID. - Specific training or guidance for partners, as needed and appropriate, such as the training conducted for the FET Colleges in South Africa. The International Program Manager of the LLL also monitors submission of quarterly financial expenditure reports and quarterly cost share reports. These expenditure reports are compared against the approved budget in the sub-agreement or the latest modification to the sub-award. Any amounts over the budgeted categories are disallowed unless a budget re-allocation is requested. Likewise, any funds not spent within the budgeted period will be disallowed, unless a no cost extension is requested and granted.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Housing Allowance Or Residence	X	HousingAllowanceOrResidence
Club Dues Or Fees	X	ClubDuesOrFees
Written Policy Re T And E Expenses	true	WrittenPolicyReTAndEExpenses
Substantiation Required	true	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Independent Consultant	X	IndependentConsultant
Written Employment Contract	X	WrittenEmploymentContract
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	true	SeverancePayment
Supplemental Nonqual Retire Plan	true	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	false	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	false	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	false	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	false	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	false	AnyNonFixedPayments
Initial Contract Exception	false	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (15 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs	Bonus Filing OrgBonusFilingOrg
BROAD MARGARET C
413518	0	0	38117	0	59400	0	188884	0	699919	0	0	0
HARTLE TERRY
283731	0	0	19889	0	59400	0	71199	0	450453	0	0	0	16234
PIPPINS SHIRLEY
279439	0	0	36486	0	39400	0	77955	0	458768	0	0	0	25488
TOMITZ JEFFREY A
189048	0	0	29749	0	26241	0	45288	0	298873	0	0	0	8547
BABBY ELLEN
193308	0	0	38136	0	27815	0	47620	0	315515	0	0	0	8636
COLLINS COLEEN
155758	0	0	33142	0	22717	0	39259	0	258993	0	0	0	8117
FREEMAN KARA
173021	0	0	9190	0	21918	0	40146	0	259275	0	0	0	15000
MELOY ADA
211698	0	0	37651	0	28769	0	49437	0	327555	0	0	0	0
SELBE JAMES
151188	0	0	31490	0	20302	0	31825	0	234805	0	0	0	0
VAN UMMERSEN CLAIRE
222385	0	0	22458	0	28026	0	48584	0	321453	0	0	0	0
GREEN MADELEINE F
81688	0	0	162159	0	12857	0	63809	0	320513	0	0	0	0
TIMMONS BECKY
191910	0	0	5200	0	24109	0	40534	0	270389	0	0	0	8636
MCDONOUGH TIMOTHY
191123	0	0	16662	0	26964	0	38396	0	273145	0	0	0	0
KING JACQUELINE
118501	0	0	33105	0	19116	0	31295	0	210653	0	0	0	8636
CHESTANGNICOLE
281199	0	0	0	0	22843	0	0	0	304042	0	0	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
SEVERANCE PAYMENT	SCHEDULE J, PART I, LINE 4A	THE BELOW INDIVIDUALS RECEIVED A SEVERANCE PAYMENT FROM THE FILING ORGANIZATION WHICH IS REPORTED IN SCHEDULE J, COLUMN BIII: GREEN, MADELINE - $ 122,972
RETIREMENT PLAN	SCHEDULE J, PART I, LINE 4B	THE FOLLOWING EMPLOYEES PARTICIPATED IN A IRC SECTION 457(F)PLAN. THE AMOUNT OF DEFERRAL DURING THE YEAR WAS AS FOLLOWS: MARGARET BROAD $30,000 TERRY HARTLE $30,000 SHIRLEY PIPPINS $10,000
PRESIDENTIAL HOUSING	SCHEDULE J, PART I, LINE 1A	THE PRESIDENT IS PROVIDED HOUSING WHICH IS TREATED FOR TAX PURPOSES AS A NON-TAXABLE BENEFIT.
HEALTH OR SOCIAL CLUB DUES	SCHEDULE J, PART I, LINE 1A	ACE PAID SOCIAL CLUB DUES IN THE AMOUNT OF $2,172 ON BEHALF OF MARGARET C. BROAD, THE PRESIDENT OF ACE AND IT IS CONSIDERED A WORKING CONDITION FRINGE.

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV

Name Of Interested Person NameOfInterestedPerson

Field	Value	IRS element (for citing)
Name Person	AMHIC	NamePerson

Field	Value	IRS element (for citing)
Relationship	SEE PART V FOR DETAIL	Relationship
Amount Of Transaction	2117726	AmountOfTransaction
Description Of Transaction	INSURANCE PREMIUMS	DescriptionOfTransaction
Sharing Of Revenues	false	SharingOfRevenues

Form990 Schedule L Part V Form990ScheduleLPartV

Field	Value	IRS element (for citing)
Identifier	SCHEDULE L, PART IV, LINE 1(b)	Identifier
Return Reference	RELATIONSHIP BETWEEN INTERESTED PERSON AND THE ORGANIZATION	ReturnReference
Explanation	COLEEN COLLINS, A KEY EMPLOYEE OF AMERICAN COUNCIL ON EDUCATION, SERVED ON THE BOARD OF AMHIC.	Explanation

Schedule M IRS990ScheduleM

Field	Value	IRS element (for citing)
Works Of Art		WorksOfArt
Art Historical Treasures		ArtHistoricalTreasures
Art Fractional Interest		ArtFractionalInterest
Books And Publications		BooksAndPublications
Clothing And Household Goods		ClothingAndHouseholdGoods
Cars And Other Vehicles		CarsAndOtherVehicles
Boats And Planes		BoatsAndPlanes

Intellectual Property IntellectualProperty

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	1	NumberOfContributions
Noncash Contribs Rptd F990	596670	NoncashContribsRptdF990
Method Of Determining Revenues	COST	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Securities Publicly Traded		SecuritiesPubliclyTraded
Securities Closely Held Stock		SecuritiesCloselyHeldStock
Securities Prtnrshp Trust Intrsts		SecuritiesPrtnrshpTrustIntrsts
Securities Miscellaneous		SecuritiesMiscellaneous
Qualified Contrib Hist Struct		QualifiedContribHistStruct
Qualified Contrib Other		QualifiedContribOther
Real Estate Residential		RealEstateResidential
Real Estate Commercial		RealEstateCommercial
Real Estate Other		RealEstateOther
Collectibles		Collectibles
Food Inventory		FoodInventory
Drugs And Medical Supplies		DrugsAndMedicalSupplies
Taxidermy		Taxidermy
Historical Artifacts		HistoricalArtifacts
Scientific Specimens		ScientificSpecimens
Archaeological Artifacts		ArchaeologicalArtifacts
Number Of8283 Received	0	NumberOf8283Received
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	false	ReviewProcessUnusualNCGifts
Third Parties Used	false	ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
OTHER PROGRAM SERVICES	FORM 990, PART III, LINE 4D	BUILDING OPERATIONS AND OTHER ANCILLARY SERVICES - ACE OWNS AND OPERATES THE NATIONAL CENTER FOR HIGHER EDUCATION LOCATED AT ONE DUPONT CIRCLE NW, WASHINGTON, DC. THROUGH ITS FACILITIES AND OFFICE SERVICES DEPARTMENT (FOS), ACE HOUSES SIXTEEN MEMBER ORGANIZATIONS AND THREE COMMERCIAL TENANTS, AND MANAGES ACCESS AND SECURITY OF THE BUILDING, PARKING GARAGE MAINTENANCE AND UP KEEP, CONFERENCE ROOM COORDINATION, AND OTHER DAY-TO-DAY OPERATIONS AND MAINTENANCE OF THE FACILITY. ACE'S PROCUREMENT AND DOCUMENT SOLUTIONS CENTER (PDSC) PROVIDES SERVICES TO ACE AND MORE THAN TWENTY EXTERNAL ORGANIZATIONS LOCATED AT OR NEAR THE NCHE BUILDING. THESE SERVICES INCLUDE PRINTING, MAILING, DUPLICATING, DOCUMENT IMAGING, PROCUREMENT, TELECOMMUNICATIONS, PUBLICATION STORAGE AND FULFILLMENT, AND SHIPPING. POLICY ANALYSIS AND RESEARCH - CONDUCTS RESEARCH AND CONVENES RESEARCHERS AND POLICY MAKERS TO STUDY ISSUES OF INTEREST TO THE HIGHER EDUCATION COMMUNITY. CURRENT ACTIVITIES OF THE CENTER FOCUS ON STUDENT FINANCIAL AID, DEMOGRAPHIC TRENDS IN HIGHER EDUCATION, ACADEMIC PREPARATION FOR COLLEGE, AND THE COLLEGE PRESIDENCY, AMONG OTHER TOPICS.
MEMBERS	FORM 990, PART VI, SECTION A, LINE 6 AND LINE 7A	THE COUNCIL SHALL HAVE FOUR CLASSES OF VOTING MEMBERS (NATIONAL ASSOCIATION MEMBERS, INSTITUTIONAL MEMBERS, ORGANIZATIONAL MEMBERS, AND AFFILIATE MEMBERS). ACE MAINTAINS A MEMBERSHIP OF 1,800 INSTITUTIONS AND MEMBERSHIP IS A PREREQUISITE TO SERVING ON ACE'S BOARD. AT ITS ANNUAL MEETING, THE GENERAL MEMBERSHIP OF ACE VOTES ON A SLATE OF NOMINEES TO THE BOARD OF DIRECTORS.
990 REVIEW PROCESS	FORM 990, PART VI, SECTION B, LINE 11	A DRAFT VERSION OF INTERNAL REVENUE SERVICE (IRS) FORMS 990 AND 990-T ARE INITIALLY CIRCULATED AMONG ACE'S ENTIRE BOARD PRIOR TO THE SPRING MEETING OF THE BOARD OF DIRECTORS. THE PURPOSE OF MAKING THE FORMS AVAILABLE TO THE ENTIRE BOARD MEMBERSHIP IS TO SOLICIT QUESTIONS AND/OR SUGGESTIONS FOR IMPROVEMENTS TO THE DRAFT. ACE'S CHIEF FINANCIAL OFFICER (CFO) COMPILES ALL COMMENTS RECEIVED FROM THE BOARD AND RESOLVES THOSE MATTERS PRIOR TO THE BOARD MEETING. ACE'S AUDIT COMMITTEE OF THE BOARD OF DIRECTORS IS CHARGED WITH COMPLIANCE OVERSIGHT, INCLUDING THE ACCURATE AND TIMELY FILING OF FORMS 990 AND 990-T. THE AUDIT COMMITTEE ALSO PERIODICALLY RECEIVES UPDATES CONCERNING CHANGES TO THE FORMS PROMULGATED BY THE IRS. PRIOR TO FILING THE FORMS, THE COMMITTEE RECEIVES A REPORT FROM THE CFO DESCRIBING ANY QUESTIONS OR COMMENTS THAT HAVE BEEN CLEARED PRIOR TO THE BOARD MEETING. BARRING ANY ADDITIONAL QUESTIONS OR CONCERNS ARISING DURING THE COMMITTEE'S MEETING, APPROVAL TO FILE THE INFORMATION RETURNS IS VOTED UPON BY THE COMMITTEE'S MEMBERS.
CONFLICT OF INTEREST	FORM 990, PART VI, SECTION B, LINE 12C	ALL RESPONSES TO CONFLICT OF INTEREST QUESTIONNAIRES ARE RECEIVED BY GENERAL COUNSEL. ANY QUESTIONS ARE ADDRESSED AND RESOLVED. ANY OUTSIDE BUSINESS RELATIONSHIPS WITH BUSINESSES DOING BUSINESS WITH ACE ARE DISCLOSED TO BOARD AUDIT COMMITTEE. IN THE EVENT ANY CONFLICT IS IDENTIFIED, THE AUDIT COMMITTEE MAY APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE TRANSACTION. THE AUDIT COMMITTEE SHALL DETERMINE WHETHER ACE CAN FIND A MORE ADVANTAGEOUS TRANSACTION ACTION THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF THE AUDIT COMMITTEE BY MAJORITY VOTE OF DISINTERESTED MEMBERS DETERMINES A MORE ADVANTAGEOUS TRANSACTION NOT PRESENTING A CONFLICT OF INTEREST IS NOT REASONABLY POSSIBLE AND THAT THE TRANSACTION IS IN ACE'S BEST INTERESTS AND IS FAIR AND REASONABLE, THE AUDIT COMMITTEE MAY DETERMINE TO ENTER OR CONTINUE THE TRANSACTION OR ARRANGEMENT. THE INDIVIDUAL WOULD BE PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION.
COMPENSATION REVIEW FOR TOP MANAGEMENT OFFICIAL	FORM 990, PART VI, SECTION B, LINE 15A	BEGINNING IN THE SPRING, ACE'S COMPENSATION COMMITTEE, THROUGH THE ASSISTANT VICE PRESIDENT OF HUMAN RESOURCES, WILL OBTAIN COMPARABILITY DATA TO SUPPORT SALARY ADJUSTMENTS THAT WILL BECOME EFFECTIVE FOR THE FISCAL YEAR BEGINNING OCTOBER 1. AS HAS BEEN PAST PRACTICE, ASSISTANT VICE PRESIDENT FOR HUMAN RESOURCES OBTAINS A COMPENSATION REPORT FROM AN INDEPENDENT COMPENSATION CONSULTANT, PROVIDING COMPARABILITY DATA FOR THE PRESIDENT BASED ON THE DATA AVAILABLE FOR SIMILAR POSITIONS IN THE WASHINGTON, DC AREA. THIS DATA IS EXPECTED TO BE COLLECTED EVERY 2 YEARS. THE COMPENSATION COMMITTEE MEETS IN EXECUTIVE SESSION EACH SEPTEMBER. THE BOARD CHAIR RECOMMENDS THE SALARY FOR THE PRESIDENT. THE MATTER WILL BE OPEN FOR DISCUSSION AND VOTE BY THE COMMITTEE, WITH ANY MEMBER OF THE COMMITTEE WITH A CONFLICT OF INTEREST BEING RECUSED FROM THE DISCUSSION AND VOTE ON THE MATTER ON WHICH THE MEMBER HAS A CONFLICT. MINUTES SHOWING DELIBERATION AND DECISION WILL BE TAKEN AT THE MEETING BY THE GENERAL COUNSEL. MINUTES WILL BE PREPARED PROMPTLY AND SHARED WITH THE BOARD SECRETARY FOR REVIEW. AFTER THE BOARD SECRETARY HAS APPROVED THE MINUTES, BUT NO LATER THAN THE NEXT MEETING OF THE EXECUTIVE COMMITTEE (WHETHER SITTING AS THE COMPENSATION COMMITTEE OR THE EXECUTIVE COMMITTEE), THE MINUTES WILL BE SHARED WITH THE COMMITTEE FOR APPROVAL. AFTER THE MINUTES HAVE BEEN APPROVED, THE BOARD SECRETARY SHALL SIGN THE MINUTES, AND THEY WILL BE MAINTAINED BY THE DEPARTMENT OF HUMAN RESOURCES IN THE OFFICIAL FILES OF THE COMPENSATION COMMITTEE. THE PRESIDENT (CEO) - PROCESS LAST UNDERTAKEN IN AUGUST 2009 and August 2011.
COMPENSATION REVIEW FOR OTHER OFFICERS AND KEY EMPLOYEES	FORM 990, PART VI, SECTION B, LINE 15B	BEGINNING IN THE SPRING, ACE'S COMPENSATION COMMITTEE, THROUGH THE ASSISTANT VICE PRESIDENT OF HUMAN RESOURCES, WILL OBTAIN COMPARABILITY DATA TO SUPPORT SALARY ADJUSTMENTS THAT WILL BECOME EFFECTIVE FOR THE FISCAL YEAR BEGINNING OCTOBER 1. AS HAS BEEN PAST PRACTICE, THE ASSISTANT VICE PRESIDENT OBTAINS A COMPENSATION REPORT FROM AN INDEPENDENT COMPENSATION CONSULTANT, PROVIDING COMPARABILITY DATA FOR OTHER OFFICERS AND KEY EMPLOYEES IN SIMILAR POSITIONS IN THE WASHINGTON, DC AREA. THIS DATA IS EXPECTED TO BE COLLECTED EVERY 2 YEARS (OR AS NEEDED) IN THE ODD-NUMBERED YEARS, AND WAS LAST UNDERTAKEN IN AUGUST 2009. THE COMPENSATION PHILOSOPHY IN THE ACE EMPLOYEE HANDBOOK IS THE GUIDING POLICY. EACH SEPTEMBER, THE FOLLOWING INDEPENDENT INDIVIDUALS WILL MEET TO REVIEW THE DATA, ANNUAL PERFORMANCE REVIEW AND PROPOSED SALARY ADJUSTMENT FOR EACH KEY EMPLOYEE: PRESIDENT, ASSISTANT VICE PRESIDENT FOR HUMAN RESOURCES AND THE AREA SENIOR VICE PRESIDENT. (THE ASSISTANT VICE PRESIDENT SHALL NOT BE PRESENT FOR REVIEW OF HER OWN PROPOSED SALARY.) THE ASSISTANT VICE PRESIDENT KEEPS MINUTES OF THE MEETINGS AND RETAINS THEM IN FILES OF THE RELEVANT KEY EMPLOYEE AND IN A FILE OF KEY EMPLOYEE COMPENSATION DECISIONS MAINTAINED BY THE ASSISTANT VICE PRESIDENT FOR AUDIT/GOVERNANCE PURPOSES. THE COUNCIL ALSO PROVIDES THE COMPENSATION COMMITTEE OF THE BOARD WITH AN OPPORTUNITY TO REVIEW LEVELS OF COMPENSATION FOR EACH OF THESE INDIVIDUALS. THE COMPENSATION COMMITTEE APPROVED COMPENSATION LEVELS FOR THE COUNCIL'S OFFICERS AND KEY EMPLOYEES SEPTEMBER 2009 AND DOCUMENTED ITS APPROVAL IN THE MINUTES. OTHER OFFICERS - PROCESS LAST UNDERTAKEN IN AUGUST 2009 and August 2011 SENIOR VICE PRESIDENT, DIVISION OF GOVERNMENT AND PUBLIC AFFAIRS SENIOR VICE PRESIDENT, PROGRAMS AND SERVICES CHIEF FINANCIAL OFFICER, TREASURER KEY EMPLOYEES - PROCESS LAST UNDERTAKEN IN AUGUST 2009 and August 2011 VICE PRESIDENT, ADVANCEMENT ASSISTANT VICE PRESIDENT, HUMAN RESOURCES VICE PRESIDENT, ADMINISTRATION, AND CHIEF INFORMATION OFFICER GENERAL COUNSEL ASSISTANT VICE PRESIDENT, LIFELONG LEARNING EXECUTIVE DIRECTOR, HIGHER EDUCATION FOR DEVELOPMENT VICE PRESIDENT AND EXECUTIVE DIRECTOR, GEDTS.
GOVERNING DOCUMENTS	FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC TO THE EXTENT THE FINANCIAL STATEMENTS ARE INCLUDED IN THE ANNUAL REPORT ON THE PUBLICALLY AVAILABLE ACE WEBSITE. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE PROVIDED TO THE PUBLIC UPON REQUEST.
OTHER CHANGES IN NET ASSETS	FORM 990, PART XI, LINE 5	UNREALIZED LOSS <1,856,103> POSTRETIREMENT CHANGE <146,993> GAIN ON INTEREST RATE SWAP 135,939 ----------- TOTAL CHANGE IN NET ASSETS <1,867,157>

Schedule R IRS990ScheduleR

Form990 Schedule R Part VI Form990ScheduleRPartVI

Name Of Business NameOfBusiness

Field	Value	IRS element (for citing)
Business Name Line1	GED TESTING SERVICE LLC	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	5601 GREEN VAL DR 220	AddressLine1
City	BLOOMINGTON	City
State	MN	State
ZIP Code	55437	ZIPCode

Field	Value	IRS element (for citing)
EIN	275436001	EIN
Primary Activity	TESTING PROGRAM	PrimaryActivity
Legal Domicile State	DE	LegalDomicileState
All Partners C3 S	false	AllPartnersC3S
Disproportionate Allocations	false	DisproportionateAllocations
General Or Managing Partner	false	GeneralOrManagingPartner