2011-11-15T09:33:47-07:00 2010-12-31 990 2010-01-01 366103388 THE NATIONAL RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION NATI 3127151010 175 W Jackson Blvd Suite 1500 Chicago IL 606042814 MARVIN IRBY 3127156757 2011-11-15 2010 2016-02-24 21:20:13Z Dawn Sweeney 175 W Jackson Blvd Suite 1500 Chicago IL 606042814 16923661 0 X www.nraef.org X 1952 IL The Foundation's mission is to serve as a philanthropic foundation of the National Restaurant Association to enhance the restaurant and foodservice industry's service to the public through education, community engagement and promotion of career opportunities. 30 30 21 0 0 0 1855659 3788692 0 0 1953293 1063254 2878888 3200000 6687840 8051946 639555 715861 0 0 1067740 2443553 0 0 1101539 2612552 3418719 4319847 6578133 2367993 1473813 20003565 22828407 1488660 1739299 18514905 21089108 The mission of the National Restaurant Association Educational Foundation is to provide services to the public through education, community engagement, and promotion of career opportunities. 0 0 2880946 715861 0 The NRAEF provides grants and scholarships to student and teachers in the foodservice industry. The NRAEF is the philanthropic foundation of the National Restaurant Association and exists to enhance the restaurant industry's service to the public. NRAEF's ProStart program reaches more than 90,000 students at 1,700 high schools in 45 states, Guam and 14 U.S. military bases, at home and abroad. We have awarded more than $14 million in scholarships since 1997. 0 0 0 2880946 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 1 24 0 1 21 1 0 0 0 0 0 1 1 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AK AR AZ CA CT DC FL GA HI IL KS KY MD ME MI MN MO MS NC ND NH NJ NM NY OH OK OR PA RI SC TN UT VA WA WI WV X Caelie Skalniak 3127156765 175 W Jackson Blvd Suite 1500 Chicago IL 60604 William L Hyde Jr 5 X X 0 0 0 Carlton Curtis 5 X X 0 0 0 Xavier A Teixido 5 X X 0 0 0 Mary Ann Cricchio 2 X 0 0 0 Julie A Flik 2 X 0 0 0 Jeffery W Davis 2 X 0 0 0 Theodore M Fowler Jr 2 X 0 0 0 Denise Marie Fugo 2 X 0 0 0 Sam J Facchini 2 X 0 0 0 Dick Holbrook 2 X 0 0 0 Kevan Johnston 2 X 0 0 0 Kevin R Malchoff 2 X 0 0 0 Rosalyn Mallet 2 X 0 0 0 Sandy Solmon 2 X 0 0 0 William C Anton 2 X 0 0 0 Carmen A Vacalebre 2 X 0 0 0 Curtis L Wilson 2 X 0 0 0 James M Wordsworth 2 X 0 0 0 Douglas M Baker Jr 2 X 0 0 0 Sally Smith 2 X 0 0 0 Marilyn Benson 2 X 0 0 0 Michael Gibbons 2 X 0 0 0 David Goronkin 2 X 0 0 0 Franco Harris 2 X 0 0 0 Kevin C Yost 2 X 0 0 0 Philip Friedman 2 X 0 0 0 Gregory Hamer Sr 2 X 0 0 0 Paul Hartgen 2 X 0 0 0 Philip J Hickey Jr 2 X 0 0 0 Karen King 2 X 0 0 0 Sharon Jeanne McDonald Tiknis 40 X 197831 0 72650 Wendi Safstrom 40 X 115705 0 30058 Barbara J Sido 0 X 258616 0 5455 572152 0 108163 3 1 1 0 Community Counseling Service PO Box 27462 New York NY 100877462 Development Services 160789 Marzouk & Parry 1776 Massachusetts Ave NW Eighth Floor Washington DC 200361915 Legal services 109235 New England Consulting Group 55 Green Farms Rd Westport CT 06880 Business strategy 101290 3 0 0 0 0 0 3788692 100405 3788692 0 369016 0 0 369016 0 0 0 0 3200000 0 0 3200000 0 0 9565953 0 8871715 0 694238 0 694238 0 0 694238 0 0 0 0 0 0 8051946 0 0 4263254 715861 715861 493831 0 493831 0 0 0 0 0 915088 591479 0 323609 251956 251956 665968 207129 357695 101144 116710 48996 40907 26807 38278 1950 36328 139022 139022 30619 30619 470018 379685 64904 25429 129059 19860 3875 105324 124541 70214 12320 42007 256461 120211 70150 66100 1312421 724132 177986 410303 24390 24390 43677 43677 Shared Service Fees 823970 0 823970 0 Service/Maintenance Contracts 26263 1429 24018 816 6578133 2880946 2595648 1101539 1055529 587919 1327230 1329160 254125 1296625 49411 159628 296441 227894 92224 68547 17225046 19386528 0 20003565 22828407 654219 637201 90300 80800 744141 1021298 1488660 1739299 X 10412084 11926287 375000 1296625 7727821 7866196 18514905 21089108 20003565 22828407 X 1473813 1100390 X 0 1 1 X 0 X X X X 0 0 0 National Restaurant Association 361525480 9 1 1 1 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7727821 138375 0 0 0 0 7866196 7669821 58000 0 0 0 0 7727821 7551821 118000 0 0 0 0 7669821 0 1 0 0 0 0 0 0 0 0 0 0 0 4067 377 3690 0 272374 227517 44857 0 20000 0 20000 68547 0 Deferred Rent Liability 228094 Pension Liability 793204 1021298 8051946 6578133 1473813 1100390 4919 135883 0 0 1241192 2715005 9152336 1100390 0 0 0 1100390 8051946 0 0 0 8051946 6578133 0 0 0 0 0 6578133 0 0 0 6578133 SchD_P05_S00_L04 Schedule D, Part V, Line 4 As the philanthropic foundation of the National Restaurant Association, we exist to enhance the restaurant indicstry's service to the public through education, community engagement and promotion of career opportunities. The funds are used to provide scholarships to students studying in the food service industry. SchD_P10_S00_L02 Schedule D, Part X, Line 2 The accounting standard on Accounting for Uncertainty in Income Taxes, addresses the determinaton of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements, Under this guidance the Foundation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Foundation and various positions related to the potential sources of unrelated business taxable income. During 2010 and 2009 there were no unrecognized tax benefits identified or recorded as liabilities. 1 Undergrad scholarship total 475 705861 0 Cash value Educator scholarships 2 10000 0 Cash value SchI_P01_S00_L02 Schedule I, Part I, Line 2 The NRAEF encourages senior high school students, undergraduate college students and educators who are committed to furthering their education and enhancing their careers in the restaurant and foodservice industry by awarding scholarships through the Scholarship and Mentoring Initiative. Students submit applications that are reviewed by a committee of people in the foodservice industry. Awards are open to all US citizens and are awarded on an established point system. X X X X X 1 0 0 0 0 0 0 0 0 Barbara J Sido 0 0 10000 0 248616 0 0 0 5455 0 264071 0 0 0 Sharon Jeanne McDonald Tiknis 167482 0 28349 0 2000 0 57500 0 15150 0 270481 0 0 0 SchJ_P01_S00_L04 Schedule J, Part I, Line 4 Barbara J Sido received a severance payment of $258,816 Box 5 wages. X Advertising 1 79520 FMV X Food and food supplies 13 20160 FMV X Other supplies 2 725 FMV 0 0 1 0 F990_P06_S0B_L11a Form 990, Part VI, Section B, Line 11a The Foundation's governing body consists of 30 individual members. The Form 990 is reviewed by the governing body's leadership which includes the following positions: Officers of the Association, including the Chairman, Vice Chairman, and Treasurer and the Chairman and Vice Chairman of the Audit Committee of the Board. The 2010 Form 990 was distributed to and reviewed by this leadership group prior to filing. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Officers and trustees are required to disclose conflicts of interests annually to the Chair of the Board of Trustees. For each interest disclosed to the Chair, the Chair will determine whether to: (a) take no action; (b) assure full disclosure to the Board of Trustees and other individuals covered by this policy; (c) ask the person to recuse from participation in related Foundation discussions or decisions; or (d) ask the person to resign from the Foundation position, or, if the person refuses to resign, become subject to possible removal in accordance with removal procedures in the Foundation Bylaws. The President and CEO and chief staff finance executive will monitor proposed or ongoing transactions for conflicts of interest and disclose them to the Chair in order to deal with potential or actual conflicts, whether discovered before or after the transaction has occurred. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 A Compensation Committee comprised of Board members meets periodically to review compensation of its Executive Director. An outside consultant is used routinely to compare and review compensation data with comparable organizations. No members of the compensation committee have a conflict of interest with respect to the compensation arrangement. In 2010 there were not any key employees, but if there were, their compensation would be reviewed by the Committee. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The NRAEF makes its governing documents, conflict of interest policy, and financial statements available to the public on an appointment basis at its offices in Chicago. F990_P11_S00_L05 Form 990, Part XI, Line 5 Unrealized gain on investments $1,100,390 National Restaurant Association 1200 17th Street NW Washington DC 20036 361525480 To lead America's restaurant industry into a new era promoting the restaurant industry IL 501 c 6 N/A 0 National Restaurant Association Services Inc 175 W Jackson Blvd Suite 1500 Chicago IL 60604 361525480 Marketing Services IL National Restaurant Association C 0 2006 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 National Restaurant Association r 3200000 contract National Restaurant Association o 2001810 FMV National Restaurant Association l 548512 FMV National Restaurant Association c 110000 FMV National Restaurant Association j 275458 FMV