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
HAWK MOUNTAIN SANCTUARY ASSOCIATION
Employer identification number
23-1392700
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.") ....
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..
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)..
6
Public Support. Subtract line 5 from line 4.
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..
8
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
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..
11
Total support (Add lines 7 through 10).
12
Gross receipts from related activities, etc. (See instructions.)
..................
12
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
15
Public Support Percentage for 2009 Schedule A, Part II, line 14
...............
15
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.") .
1,236,196
1,551,024
2,028,030
1,162,767
1,201,754
7,179,771
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......
438,630
487,023
454,114
489,246
481,532
2,350,545
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.
1,674,826
2,038,047
2,482,144
1,652,013
1,683,286
9,530,316
7a
Amounts included on lines 1, 2, and 3 received from disqualified persons...
110,524
71,778
210,239
134,601
291,289
818,431
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.
0
c
Add lines 7a and 7b..
110,524
71,778
210,239
134,601
291,289
818,431
8
Public Support (Subtract line 7c from line 6.)
8,711,885
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...
1,674,826
2,038,047
2,482,144
1,652,013
1,683,286
9,530,316
10a
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
268,053
357,389
193,702
159,302
162,377
1,140,823
b
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c
Add lines 10a and 10b.
268,053
357,389
193,702
159,302
162,377
1,140,823
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.).
1,942,879
2,395,436
2,675,846
1,811,315
1,845,663
10,671,139
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
81.640 %
16
Public support percentage from 2009 Schedule A, Part III, line 15
...............
16
82.490 %
Section D. Computation of Investment Income Percentage
17
Investment income percentage for 2010 (line 10c column (f) divided by line 13 column (f))
......
17
10.690 %
18
Investment income percentage from 2009 Schedule A, Part III, line 17
.............
18
11.060 %
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
HAWK MOUNTAIN SANCTUARY ASSOCIATION
Employer identification number
23-1392700
Identifier
Return Reference
Explanation
PROGRAM SERVICE ACCOMPLISHMENTS
FORM 990, PART III, LINE 4A
HAWK MOUNTAIN SANCTUARY ASSOCIATION PROGRAMS AND SERVICES BACKGROUND HAWK MOUNTAIN SANCTUARY WAS FOUNDED IN 1934 BY PIONEER CONSERVATIONIST ROSALIE EDGE AS THE WORLDS FIRST REFUGE FOR BIRDS OF PREY. THE SANCTUARYS FOUNDING WAS A TURNING POINT IN REVERSING THEIR WIDESPREAD PERSECUTION. TODAY THE ASSOCIATION, INCORPORATED IN 1938, CONTINUES ITS PIONEERING WORK TO PROTECT BIRDS OF PREY THROUGH EDUCATION AND PUBLIC ENGAGEMENT, AND SCIENCE-BASED CONSERVATION PROGRAMS, INCLUDING POPULATION MONITORING, SCIENTIFIC RESEARCH, INFORMATION SHARING AND TRAINING. SEVEN BIOLOGISTS AND EDUCATORS SERVE ON ITS PROGRAM STAFF, INCLUDING THREE PH.D.-LEVEL SCIENTISTS. IN THE LAST DECADE, THE SANCTUARY HAS BEEN AT THE FOREFRONT OF GLOBALLY IMPORTANT SCIENTIFIC EFFORTS TO MONITOR RAPTOR POPULATIONS AND TO STUDY THE DYNAMICS OF RAPTOR MIGRATION AND ECOLOGY. ITS ACOPIAN CENTER FOR CONSERVATION LEARNING SERVES AS A HUB FOR GLOBAL RAPTOR INFORMATION, TRAINING AND STUDIES. PROGRAMS AREAS NATURE DISCOVERY WILDLIFE WATCHING, HIKING, ECO-TOURISM TIMEFRAME: YEAR-ROUND, DAWN TO DUSK MEASUREMENT: VISITATION OVERVIEW: HAWK MOUNTAIN SANCTUARY IS A WORLD-CLASS OBSERVATION SITE FOR BIRDS OF PREY AND IS A FEDERALLY-DESIGNATED NATIONAL NATURAL LANDMARK. THE ANNUAL AUTUMN SPECTACLE OF THOUSANDS OF WILD HAWKS, EAGLES AND FALCONS IN FLIGHT, COMBINED WITH ITS SCENIC MOUNTAIN VIEWS, APPEAL TO A WIDE AUDIENCE. EACH YEAR HAWK MOUNTAIN HOSTS AN AVERAGE 65,000 VISITORS. NATURE INTERPRETATION IS PRACTICED AT ITS LOOKOUTS DURING SPRING AND FALL MIGRATION. THE SANCTUARY VISITOR CENTER HOUSES A MUSEUM ON BIRDS OF PREY AND BOOKSTORE. A "WINGS OF WONDER" GALLERY FEATURES 19 HAND-CARVED AND PAINTED, LIFE-SIZE MODELS OF RAPTORS IN FLIGHT. TRAILS ARE OPEN DAWN TO DUSK YEAR-ROUND. HAWK MOUNTAIN IS COMMITTED TO INCREASING ACCESSIBILITY FOR ALL AND OFFERS AN ALL-TERRAIN WHEELCHAIR FOR VISITOR USE. UPON REQUEST, STAFF OR VOLUNTEERS WILL TRANSPORT TO THE CLOSEST OVERLOOK VISITORS WITH LIMITED MOBILITY VIA A LOW-IMPACT GOLF CART. CONSERVATION EDUCATION SCHOOL AND GROUP PROGRAMS, PUBLIC PROGRAMMING, LIFE-LONG LEARNING TIMEFRAME: YEAR-ROUND MEASUREMENT: QUALITY AND EFFECTIVENESS OF PROGRAMS ON RAPTORS AND APPALACHIAN ECOLOGY. NUMBER OF INDIVIDUALS REACHED EFFECTIVELY, NUMBER OF MISSION-BASED PUBLIC PROGRAMS HELD, EDUCATIONAL MATERIALS AVAILABLE, AND NEW PROGRAMS DEVELOPED OR RENOVATED. OVERVIEW: BIRDS OF PREY ARE THE PRIMARY FOCUS FOR LEARNING IN HAWK MOUNTAIN EDUCATION PROGRAMS ACCORDING TO THE MISSION. APPALACHIAN FOREST ECOLOGY IS INCORPORATED AS MUCH AS POSSIBLE, ESPECIALLY BY USING OUTSIDE EXPERTS. ENVIRONMENTAL EDUCATION PROGRAMS RANGE FROM PRE-SCHOOL TO COLLEGE LEVEL. AN EXTENSIVE ON-SITE EDUCATION PROGRAM INCLUDES MORE THAN 500 FREE INTERPRETIVE PROGRAMS FOR THE GENERAL PUBLIC, 5 TO 10 SPECIAL-FOCUS WORKSHOPS FOR NOMINAL FEES, AND FOUR FULLY ACCREDITED COLLEGE-LEVEL COURSES THROUGH CEDAR CREST. TYPES OF PROGRAMS INCLUDE PUBLIC PROGRAMS, TEACHER WORKSHOPS, COLLEGE COURSES, AND THREE-MONTH RESIDENTIAL INTERNSHIPS. PROGRAMS ARE DESIGNED TO (1) BE SCIENCE AND INQUIRY-BASED, (2) OFFER CONTENT AND SKILLS TO EMPOWER VISITORS TO OBSERVE AND LEARN ABOUT NATURE AFTER THEIR VISIT, AND (3) PROVIDE MEANINGFUL, SITE-SPECIFIC CONTENT THAT RESONATES WITH PEOPLE OF ALL AGES. FACILITIES INCLUDE AN OUTDOOR AMPHITHEATER AND INDOOR CLASSROOM (THE COMMON ROOM), AS WELL AS THE WINGS OF WONDER GALLERY IN THE VISITOR CENTER FOR PUBLIC LECTURES. SANCTUARY TRAILS AND EIGHT LOOKOUTS PROVIDE A BACKDROP FOR MOST EDUCATION EXPERIENCES AT HAWK MOUNTAIN. DURING AUTUMN, UP TO A DOZEN PERSONNEL SPOT BIRDS AND INTERPRET THE MIGRATION FOR VISITORS AT THE FOUR MAIN LOOKOUTS. HAWK MOUNTAIN HAS AN ACTIVE PUBLICATIONS PROGRAM, INCLUDING A DOZEN BOOKLETS, FLYERS AND BOOKS. ITS INSTRUCTIONAL MATERIALS INCLUDE A 92-PAGE TEACHER GUIDE WITH ANNUAL LESSON PLAN UPDATES BASED ON NATIONAL SCIENCE EDUCATION STANDARDS, SEVERAL DOWNLOADABLE POWERPOINTS FOR CLASSROOM USE, AND NUMEROUS ONLINE RESOURCES ON RAPTORS AVAILABLE FOR DOWNLOAD AT NO COST. STAFF AND BOARD BEGAN EFFORTS TO DEVELOP A NEW FIVE-YEAR PLAN IN EDUCATION, INCLUDING SESSIONS TO SET NEW PRIORITIES AND OBJECTIVES IN EDUCATION. CONSERVATION SCIENCE LOCAL TO INTERNATIONAL RESEARCH, INFORMATION EXCHANGE AND MENTORING, PROFESSIONAL TRAINING AND SCIENTIFIC STUDY, ANALYSIS AND PUBLICATION. TIMEFRAME: ONGOING MEASUREMENT: PROJECT STATUS REPORTS; CONTRIBUTIONS TO SCIENTIFIC COMMUNITY; NUMBER OF RESEARCH ASSOCIATES AND PROJECT PARTNERS OVERVIEW: THE FOUR-MEMBER CONSERVATION SCIENCE TEAM AT HAWK MOUNTAIN IS LED BY A GLOBAL AUTHORITY ON BIRDS OF PREY, DR. KEITH BILDSTEIN, THE SARKIS ACOPIAN DIRECTOR OF CONSERVATION SCIENCE AND AUTHOR OF MIGRATING RAPTORS OF THE WORLD: THEIR ECOLOGY AND CONSERVATION (PUBLISHED 2006). HAWK MOUNTAIN CONSERVATION SCIENCE FOCUSES ON DETERMINING RAPTOR POPULATION TRENDS AND UNDERLYING CAUSES, AND GAINING NEW INSIGHT INTO THE PROCESS AND PATTERNS OF RAPTOR MOVEMENT ECOLOGY. SANCTUARY PERSONNEL RECORD AND MAINTAIN COUNTS OF MIGRATING RAPTORS ONSITE EACH AUTUMN, AND CONDUCT PUBLIC-EDUCATION PROGRAMS AND TRAINING EXPERIENCES, AND COUNTS IN BOTH SPRING AND AUTUMN. THE SANCTUARYS LONG-TERM (1934-2010) DATABASE OF AUTUMN COUNTS SERVES AS A CRITICAL INDICATOR OF THE CONSERVATION STATUS OF RAPTOR POPULATIONS IN NORTHEASTERN NORTH AMERICA. THE DATASET REPRESENTS THE LONGEST AND MOST DETAILED RECORD OF RAPTOR MIGRATION DATA IN THE WORLD. CONSERVATION SCIENCE FACILITIES INCLUDE THE HAWK MOUNTAIN ACOPIAN CENTER FOR CONSERVATION LEARNING CENTER, A THREE-BUILDING, RESIDENTIAL, OFFICE, AND LAB, WORK CENTER COMPLETE WITH A LIBRARY THAT SERVES AS A GLOBAL INFORMATION CENTER FOR RAPTOR MIGRATION SCIENCE. THE ACOPIAN CENTER HELPS FOSTER THE RESEARCH OF BOTH ON- AND OFF-SITE WORK BY SANCTUARY SCIENTISTS AND COLLABORATORS GLOBALLY. IT ALSO FUNCTIONS AS THE CENTER FOR HAWK MOUNTAINS CONSERVATION SCIENCE INTERNSHIP PROGRAM, WHICH HAS TRAINED MORE THAN 330 INTERNS FROM 63 COUNTRIES WORLDWIDE. ITS 3,500-VOLUME LIBRARY SERVES AS A GLOBAL INFORMATION CENTER ABOUT RAPTORS, AND INCLUDES 168 SCIENTIFIC JOURNALS. HAWK MOUNTAIN RECOGNIZES THE CHALLENGES FACING RAPTOR MIGRANTS ARE COMPLEX AND DEMAND COLLABORATIVE WORK TO SOLVE CONSERVATION CHALLENGES AND THAT FINDINGS MUST BE SHARED WITH THE SCIENTIFIC COMMUNITY. HAWK MOUNTAIN RESEARCH ASSOCIATES, WHICH CURRENTLY NUMBER MORE THAN 40, INCLUDE SCIENTIST FROM CORNELL AND PRINCETON UNIVERSITIES, AS WELL AS SCIENTIST FROM ELSEWHERE IN NORTH AMERICA, SOUTH AMERICA, EUROPE, AFRICA, AND ASIA. SINCE 1935, HAWK MOUNTAINS RESEARCH STAFF AND ITS COLLABORATORS HAVE CONTRIBUTED MORE THAN 240 TECHNICAL PUBLICATIONS, REVIEWS, THESES AND DISSERTATIONS TO THE SCIENTIFIC LITERATURE. THE SANCTUARY IS A LEAD PARTNER IN THE RAPTOR POPULATION INDEX (RPI) PROJECT, WORKING WITH HAWKWATCH INTERNATIONAL, BIRDLIFE CANADA AND THE HAWK MIGRATION ASSOCIATION OF NORTH AMERICA (HMANA) TO ASSESS THE CONSERVATION STATUS OF NORTH AMERICAN BIRDS OF PREY. THE RPIS GOAL IS TO MONITOR RAPTOR POPULATIONS ON A CONTINENTAL BASIS, BASED ON MIGRATION COUNTS AND OTHER DATA. CONSERVATION TRAINING TIMELINE: ONGOING, BUT PRIMARILY DURING SPRING AND AUTUMN MIGRATION SEASONS MEASUREMENT: NUMBER OF YOUNG CONSERVATIONISTS TRAINED; NUMBER OF PARTNERSHIPS. OVERVIEW: SINCE 1976, HAWK MOUNTAINS CONSERVATION SCIENCE INTERNSHIP PROGRAM HAS TRAINED 362 YOUNG CONSERVATIONISTS FROM 62 COUNTRIES ON SIX CONTINENTS. UPON THEIR RETURN HOME, TRAINEES CONTINUE TO WORK WITH US AS PARTNERS AND HELP TO MOVE FORWARD HAWK MOUNTAINS MISSION TO CONSERVE BIRDS OF PREY WORLDWIDE. LAST YEAR, THE SANCTUARY ACTIVELY SUPPORTED INTERN ALUMNI WORK, INCLUDING RAISING FUNDS AND OFFERING TECHNICAL ASSISTANCE FOR THEIR ASSOCIATED ORGANIZATIONS AS TOOL TO CONDUCT MIGRATION COUNTS, LAUNCH RESEARCH PROJECTS OR PRESENT WORKSHOPS IN THE PLACES WHERE IT IS MOST NEEDED. TRAINING ALSO IS OFFERED AS SUMMER FIELD EXPERIENCES FOR UNDERGRADUATES, AND LEADERSHIP-LEVEL INTERNSHIPS ARE DESIGNED FOR YOUNG PROFESSIONALS WHO ARE IN THE EARLY STAGES OF A PROMISING CONSERVATION CAREER. LAND AND FACILITIES BUILDING USE AND MAINTENANCE AS WELL AS LAND STEWARDSHIP ACTIVITIES TIMEFRAME: ONGOING MEASUREMENT: FACILITIES AND INFRASTRUCTURE REVIEWS OVERVIEW: OPERATION OF HAWK MOUNTAINS PHYSICAL PLANT OF 2,600 ACRES AND SIX BUILDINGS DEPENDS ON A STAFF OF THREE AS WELL AS VOLUNTEERS AND STUDENTS. VISITOR SAFETY AND SATISFACTION IS THE HIGHEST PRIORITY, AND DEMANDS CONTINUOUS MAINTENANCE OF THE 8-MILE TRAIL SYSTEM. HAWK MOUNTAIN MAINTENANCE FOLLOWS GUIDELINES IN THE HAWK MOUNTAIN LAND MANAGEMENT PLAN.
FORM 990, PART VI, SECTION A, LINE 2
STEPHEN EDGE AND DEBORAH EDGE ARE SIBLINGS.
FORM 990, PART VI, SECTION B, LINE 11
A RESOLUTION WAS PASSED BY THE FULL BOARD STATING THAT ONLY THE OFFICERS AND PRESIDENT WILL REVIEW THE FORM 990 BEFORE IT IS FILED. A COPY OF THE FINAL 990 WILL THEN BE DISTRIBUTED TO THE ENTIRE BOARD.
FORM 990, PART VI, SECTION B, LINE 12C
THE CONFLICT OF INTEREST POLICY IS CONSISTENTLY MONITORED AND POLICED THROUGH THE MANDATORY ANNUAL DISCLOSURE FORM. NEW DIRECTORS ALSO COMPLETE THE FORM WHEN THEY COME ON BOARD.
FORM 990, PART VI, SECTION B, LINE 15
THE COMPENSATION REVIEW PROCESS FOR TOP OFFICIALS IS DETERMINED SUBSEQUENT TO THE DETERMINATION OF THE OVERALL ANNUAL FISCAL BUDGET. THE PRESIDENT ESTABLISHES THE OVERALL ANNUAL BUDGET, COMPENSATION ADJUSTMENTS ARE THEN DETERMINED BASED ON THE OVERALL BUDGET WITH SPECIFIC SALARIES APPROVED BY THE BOARD.
FORM 990, PART VI, SECTION C, LINE 19
DISCLOSURE IS AVAILABLE VIA REQUEST AND IS ALSO POSTED ONLINE, AND IN THE PUBLISHED ANNUAL REPORT.
CHANGES IN NET ASSETS OR FUND BALANCES:
FORM 990, PART XI, LINE 5:
PRIOR PERIOD ADJUSTMENTS: -114,000. CURRENT YEAR UNREALIZED GAINS ON INVESTMENTS 514,135. TOTAL TO FORM 990, PART XI, LINE 5: 400,135.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.