Department of the Treasury Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.
Attach to Form 990 or Form 990-EZ. See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
AMERICAS SOCIETY INC
Employer identification number
13-2569185
Part I
Reason for Public Charity Status
(All organizations must complete this part.) See instructions
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of
its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10
11
e
By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified persons other than foundation managers and other than one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2).
f
If the organization received a written determination from the IRS that it is a Type I, Type II or Type III supporting organization, check this box
..................................................
g
Since August 17, 2006, has the organization accepted any gift or contribution from any of the following persons?
(i) a person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of the the supported organization?
................
11g(i)
(ii)
a family member of a person described in (i) above?
......................
11g(ii)
(iii)
a 35% controlled entity of a person described in (i) or (ii) above?
................
11g(iii)
h
Provide the following information about the supported organization(s).
(i) Name of supported organization
(ii) EIN
(iii) Type of organization (described on lines 1- 9 above or IRC section (see instructions))
(iv) Is the organization in col. (i) listed in your governing document?
(v) Did you notify the organization in col. (i) of your support?
(vi) Is the organization in col. (i) organized in the U.S.?
(vii) Amount of support?
Yes
No
Yes
No
Yes
No
Total
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 2
Part II
Support Schedule for Organizations Described in IRC 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (Complete only if you checked the box on line 5, 7, or 8 of Part I or if the
organization failed to qualify under Part III. If the organization fails to
qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year(or fiscal year beginning in)
(a) 2006
(b) 2007
(c) 2008
(d) 2009
(e) 2010
(f) Total
1
Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") ....
3,203,815
2,862,418
4,954,268
3,070,678
3,576,067
17,667,246
2
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......
3
The value of services or facilities furnished by a governmental unit to the organization without charge..
4
Total. Add lines 1 through 3..
3,203,815
2,862,418
4,954,268
3,070,678
3,576,067
17,667,246
5
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included
on line 1 that exceeds 2% of the amount shown on line 11, column (f)..
471,520
6
Public Support. Subtract line 5 from line 4.
17,195,726
Section B. Total Support
Calendar year(or fiscal year beginning in)
(a) 2006
(b) 2007
(c) 2008
(d) 2009
(e) 2010
(f) Total
7
Amounts from line 4..
3,203,815
2,862,418
4,954,268
3,070,678
3,576,067
17,667,246
8
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
744,682
1,479,709
1,038,611
764,849
684,357
4,712,208
9
Net income from unrelated business activities, whether or not the business is regularly carried on..
10
Other income. (Explain in Part IV.) Do not include gain or loss from the sale of capital assets..
22,984
2,227
3,313
28,524
11
Total support (Add lines 7 through 10).
22,407,978
12
Gross receipts from related activities, etc. (See instructions.)
..................
12
2,036,359
13
First Five Years
If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization,
check this box and stop here..........................................
Section C. Computation of Public Support Percentage
14
Public Support Percentage for 2010 (line 6 column (f) divided by line 11 column (f))
.........
14
76.740 %
15
Public Support Percentage for 2009 Schedule A, Part II, line 14
...............
15
77.090 %
16a
33 1/3% support test—2010.
If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization
......................
b
33 1/3% support test—2009.
If the organization did not check the box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization
.....................
17a
10%-facts-and-circumstances test—2010.
If the organization did not check a box on line 13, 16a, or 16b and line 14
is 10% or more, and if the organization meets the "facts and circumstances" test, check this box and stop here. Explain
in Part IV how the organization meets the "facts and circumstances" test. The organization qualifies as a publicly supported
organization
..................................................
b
10%-facts-and-circumstances test—2009.
If the organization did not check a box on line 13, 16a, 16b, or 17a and line
15 is 10% or more, and if the organization meets the "facts and circumstances" test, check this box and stop here.
Explain in Part IV how the organization meets the "facts and circumstances" test. The organization qualifies as a publicly supported organization
..............................................
18
Private Foundation
If the organization did not check a box on line 13, 16a, 16b, 17a or 17b, check this box and see
instructions
...................................................
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 3
Part III
Support Schedule for Organizations Described in IRC 509(a)(2) (Complete only if you checked the box on line 9 of Part I or if the organization
failed to qualify under Part II. If the organization fails to qualify under
the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year(or fiscal year beginning in)
(a) 2006
(b) 2007
(c) 2008
(d) 2009
(e) 2010
(f) Total
1
Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......
3
Gross receipts from activities that are not an unrelated trade or business under section 513..
4
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5
The value of services or facilities furnished by a governmental unit to the organization without charge..
6
Total. Add lines 1 through 5.
7a
Amounts included on lines 1, 2, and 3 received from disqualified persons...
b
Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c
Add lines 7a and 7b..
8
Public Support (Subtract line 7c from line 6.)
Section B. Total Support
Calendar year (or fiscal year beginning in)
(a) 2006
(b) 2007
(c) 2008
(d) 2009
(e) 2010
(f) Total
9
Amounts from line 6...
10a
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
b
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c
Add lines 10a and 10b.
11
Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.
12
Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)
13
Total support (Add lines 9, 10c, 11 and 12.).
14
First Five Years
If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization,
check this box and stop here.............................................
Section C. Computation of Public Support Percentage
15
Public Support Percentage for 2010 (line 8 column (f) divided by line 13 column (f))
.........
15
16
Public support percentage from 2009 Schedule A, Part III, line 15
...............
16
Section D. Computation of Investment Income Percentage
17
Investment income percentage for 2010 (line 10c column (f) divided by line 13 column (f))
......
17
18
Investment income percentage from 2009 Schedule A, Part III, line 17
.............
18
19a
33 1/3% support tests—2010.
If the organization did not check the box on line 14, and line 15 is more than 33 1/3% and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization
..........
b
33 1/3% support tests—2009.
If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization
....
20
Private Foundation
If the organization did not check a box on line 14, 19a or 19b, check this box and see instructions
.....
Schedule A (Form 990 or 990-EZ) 2010
Schedule A (Form 990 or 990-EZ) 2010
Page 4
Part IV
Supplemental Information.
Supplemental Information. Complete this part to provide the explanation required by Part II, line 10; Part II, line 17a or 17b; or Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
Explanation
Schedule A (Form 990 or 990-EZ) 2010
Additional Data
Software ID:
Software Version:
-
TIN:
SCHEDULE O (Form 990 or 990-EZ)
Department of the Treasury Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ
Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
Attach to Form 990 or 990-EZ.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
AMERICAS SOCIETY INC
Employer identification number
13-2569185
Identifier
Return Reference
Explanation
FORM 990, PART VI, SECTION A, LINE 2
CHAIRMAN JOHN D. NEGROPONTE AND DIRECTOR THOMAS F. MCLARTY III, HAVE A BUSINESS RELATIONSHIP.
FORM 990, PART VI, SECTION B, LINE 11
MEETINGS ARE HELD BETWEEN MANAGEMENT, AUDITORS AND THE MEMBERS OF THE AUDIT COMMITTEE TO REVIEW SIGNIFICANT CHANGES TO FORM 990 AND INFORMATION REQUIRED FOR THE RETURN- INCLUDING SUPPLEMENTAL INFORMATION, NARRATIVES AND GOVERNANCE POLICIES. FINANCE DEPARTMENT PREPARES FINANCIAL SUMMARIES, SUPPORTING SCHEDULES AND RELATED INFORMATION AND COORDINATES WITH OTHER DEPARTMENTS WITHIN THE ORGANIZATION TO PREPARE ANY OTHER NECESSARY INFORMATION. ALL COMPLETED TAX RETURN INFORMATION IS SUBMITTED TO THE ORGANIZATION'S AUDITORS IN ORDER TO PREPARE AN ACCURATE AND COMPLETE RETURN. UPON COMPLETION OF THE TAX RETURN BY THE AUDITORS, MANAGEMENT REVIEWS THE TAX RETURN IN DETAIL FOR ANY FINAL CHANGES. A COPY OF FORM 990 IS PROVIDED TO ALL BOARD MEMBERS FOR REVIEW AND COMMENTS. ANY FINAL CHANGES ARE MADE TO FORM 990 AND THE RETURN IS FILED TIMELY.
FORM 990, PART VI, SECTION B, LINE 12C
TO SERVE LOYALLY, EACH BOARD MEMBER, OFFICER AND EMPLOYEE SHALL IDENTIFY AND BE CONSCIOUS OF CONFLICTS BETWEEN THE ORGANIZATION'S INTERESTS AND SUCH PERSON'S PERSONAL INTERESTS OR ANY INTEREST DIRECT OR INDIRECT WHICH MIGHT AFFECT, OR MIGHT REASONABLY BE THOUGHT TO AFFECT, A PERSON'S JUDGMENT OR THE CONDUCT OF SUCH PERSON (INTERESTED PERSON). TO ENSURE COMPLIANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, BOARD MEMBERS, OFFICERS AND EMPLOYEES AGREE TO COMPLY WITH THE POLICY BY COMPLETING AND SIGNING A CONFLICT OF INTEREST STATEMENT EACH YEAR. THIS STATEMENT IS APPLICABLE FOR ALL BOARD MEMBERS, OFFICERS AND ALL EMPLOYEES OF THE ORGANIZATION. BOARD MEMBERS, OFFICERS, AND EMPLOYEES: - MAY NOT RECEIVE PAYMENT, COMMERCIAL BENEFITS OR GIFTS IN EXCESS OF $500 ANNUALLY. - INTERESTED PERSONS, THEIR FIRMS AND IMMEDIATE FAMILY SHALL NOT PROVIDE PAID SERVICE OR PRODUCT UNLESS APPROVED BY AN INDEPENDENT BOARD VOTE WITHOUT THE PARTICIPATION OF THE INTERESTED PERSON. -IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE INTEREST AND ALL MATERIAL FACTS FOR CONSIDERATION OF THE PROPOSED TRANSACTION OR ARRANGEMENT. IN ADDITION, AN INTERESTED PERSON SHALL DISCLOSE ANY PROFESSIONAL OR PERSONAL RELATIONSHIP WITH ANY VENDOR, FUNDER, OR GRANTER. -IN THE NORMAL COURSE OF BUSINESS BOARD MEMBERS, OFFICERS AND EMPLOYEES SHALL BE SENSITIVE TO ANY DIRECT OR INDIRECT CONFLICT OF INTEREST, WHETHER OF A PERSONAL OR BUSINESS INTEREST. -POTENTIAL CONFLICTS WITH BOARD MEMBERS ARE REVIEWED BY THE CHAIRMAN AND BOARD OF DIRECTORS AND POTENTIAL CONFLICTS WITH EMPLOYEES ARE REVIEWED BY THE PRESIDENT/CEO AND CHIEF FINANCIAL OFFICER. IF THERE IS REASONABLE CAUSE TO BELIEVE THAT AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST WAS NOT DISCLOSED, THE BOARD MEMBER OR EMPLOYEE SHALL BE INFORMED OF THE BASIS FOR SUCH BELIEF SO THAT THEY CAN HAVE THE OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER REVIEWING THE BOARD MEMBER'S OR EMPLOYEE'S RESPONSE AND AFTER ANY FURTHER INVESTIGATION THAT MAY BE WARRANTED, IF IT IS DETERMINED THAT THERE HAS BEEN A FAILURE TO DISCLOSE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST - THEN THE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION SHALL BE TAKEN. THE BOARD ALSO REVIEWS AND REVISES THIS POLICY AS NEEDED.
FORM 990, PART VI, SECTION B, LINE 15
THE ORGANIZATION'S EXECUTIVE COMMITTEE IS RESPONSIBLE FOR REVIEWING AND APPROVING THE COMPENSATION OF THE PRESIDENT/CEO. THE PRESIDENT/CEO IS A MEMBERS OF THE EXECUTIVE COMMITTEE, BUT IS NOT INVOLVES IN THIS COMPENSATION PROCESS IN ORDER TO AVOID ANY POSSIBLE CONFLICTS OF INTEREST. SIDENT/CEO. THE ORGANIZATION'S MANAGEMENT IS RESPONSIBLE FOR PREPARING AND PERIODICALLY UPDATING THE ORGANIZATION'S REPORT WHICH BENCHMARKS ALL POSITIONS WITHIN THE ORGANIZATION. THE REPORT INCLUDES SALARY INFORMATION OBTAINED FROM OTHER INDEPENDENT SOURCES, INCLUDING FORM 990'S OF OTHER SIMILAR ORGANIZATIONS, INFORMATION FROM DETAILED SALARY SURVEYS AND MANAGEMENT COMPENSATION REPORTS OBTAINED FROM INDEPENDENT THIRD-PARTIES RELATING TO NOT-FOR-PROFITS ORGANIZATIONS AND IS REVIEWED BY THE FINANCE COMMITTEE. THE PRESIDENT/CEO, WITH INPUT FROM SENIOR MANAGEMENT TEAM AS APPROPRIATE, IS RESPONSIBLE FOR DETERMINING THE SALARIES OF STAFF WITHIN THE GUIDELINES OF THE BENCHMARKING PARAMETERS. BENCHMARKING INFORMATION WAS LAST UPDATED DURING THE FIRST QUARTER OF 2011 AND THE PRESIDENT/CEO'S COMPENSATION WAS ALSO REVIEWED BY MEMBERS OF THE EXECUTIVE COMMITTEE DURING THE FIRST QUARTER OF 2011.
FORM 990, PART VI, SECTION C, LINE 19
THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AUDITED FINANCIAL STATEMENTS AND FORM 990 MAY BE REQUESTED BY CALLING THE ORGANIZATION DIRECTLY AT 212-249-8950. SUMMARIZED ANNUAL FINANCIAL STATEMENTS ARE ALSO PROVIDED IN THE ORGANIZATION'S ANNUAL REPORT WHICH IS AVAILABLE BOTH IN PRINT AND ON THE ORGANIZATION'S WEBSITE AND GUIDESTAR.ORG.
CHANGES IN NET ASSETS OR FUND BALANCES:
FORM 990, PART XI, LINE 5:
NET UNREALIZED GAINS ON INVESTMENTS: 3,461,563.
FORM 990, PART XII, LINE 2C:
THE PROCESS FOR ASSUMING RESPONSIBILITY OVER THE AUDIT OF THE FUND AND FOR THE SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED SINCE THE PRIOR YEAR.
HOURS DESCRIBED FOR RELATED ORGANIZATIONS
FORM 990, PART VII, SECTION A, COLUMN (A):
THE ORGANIZATION HAS SHARED EMPLOYEE ARRANGEMENTS WITH COUNCIL OF THE AMERICAS, INC., DISCLOSED ON FORM 990 SCHEDULE R. COMPENSATION EXPENSE WAS ALLOCATED AND RECORDED FOR THE ORGANIZATION AND THE RELATED ORGANIZATION FOR THE FOLLOWING OFFICERS, KEY EMPLOYEES, AND HIGHLY COMPENSATED EMPLOYEES REPORTED ON FORM 990 PART VII SECTION 1A AND SCHEDULE J-2 AS FOLLOWS: NAME: SUSAN L. SEGAL TITLE: PRESIDENT & CEO COMPENSATION EXPENSED TO ORGANIZATION: $185,212 AVERAGE HOURS PER WEEK: 25 COMPENSATION EXPENSED TO RELATED ORGANIZATION: $185,212 AVERAGE HOURS PER WEEK: 25 COMPENSATION EXPENSED IN PRIOR YEAR: $0 NAME: ERIC P. FARNSWORTH TITLE: VICE PRESIDENT COMPENSATION EXPENSED TO ORGANIZATION: $0 AVERAGE HOURS PER WEEK: 5 COMPENSATION EXPENSED TO RELATED ORGANIZATION: $206,617 AVERAGE HOURS PER WEEK: 40 COMPENSATION EXPENSED IN PRIOR YEAR: $0 NAME: PETER J. REILLY TITLE: CFO / VICE PRESIDENT COMPENSATION EXPENSED TO ORGANIZATION: $124,167 AVERAGE HOURS PER WEEK: 39 COMPENSATION EXPENSED TO RELATED ORGANIZATION: $66,859 AVERAGE HOURS PER WEEK: 16 COMPENSATION EXPENSED IN PRIOR YEAR: $0 NAME: CHRISTOPHER SABATINI TITLE: SR. DIRECTOR, POLICY AND EDITOR-IN-CHIEF COMPENSATION EXPENSED TO ORGANIZATION: $140,932 AVERAGE HOURS PER WEEK: 33 COMPENSATION EXPENSED TO RELATED ORGANIZATION: $46,977 AVERAGE HOURS PER WEEK: 12 COMPENSATION EXPENSED IN PRIOR YEAR: $0 NAME: NANCY ANDERSON TITLE: SENIOR DIRECTOR, MIAMI COMPENSATION EXPENSED TO ORGANIZATION: $16,572 AVERAGE HOURS PER WEEK: 5 COMPENSATION EXPENSED TO RELATED ORGANIZATION: $149,150 AVERAGE HOURS PER WEEK: 40 COMPENSATION EXPENSED IN PRIOR YEAR: $0 NAME: ANA GILLIGAN TITLE: SENIOR DIRECTOR, CORPORATE RELATIONS COMPENSATION EXPENSED TO ORGANIZATION: $0 AVERAGE HOURS PER WEEK: 2 COMPENSATION EXPENSED TO RELATED ORGANIZATION: $137,648 AVERAGE HOURS PER WEEK: 30 COMPENSATION EXPENSED IN PRIOR YEAR: $0 NAME: RAGNHILD MELZI TITLE: SR. DIRECTOR, PUBLIC POLICY PROGRAMS COMPENSATION EXPENSED TO ORGANIZATION: $27,105 AVERAGE HOURS PER WEEK: 7 COMPENSATION EXPENSED TO RELATED ORGANIZATION: $142,303 AVERAGE HOURS PER WEEK: 38 COMPENSATION EXPENSED IN PRIOR YEAR: $0 NAME: ANDREA SANSEVERINO GALAN TITLE: SR. DIRECTOR, FOUNDATIONS AND INSTITUTIONAL GIVING COMPENSATION EXPENSED TO ORGANIZATION: $144,098 AVERAGE HOURS PER WEEK: 40 COMPENSATION EXPENSED TO RELATED ORGANIZATION: $0 AVERAGE HOURS PER WEEK: 5 COMPENSATION EXPENSED IN PRIOR YEAR: $0
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.