Form990
Click to see attachment
Department of the Treasury
Internal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung benefit trust or private foundation)

MediumBullet The organization may have to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0047
2010
Open to Public Inspection
A For the calendar year, or tax year beginning 07-01-2010 and ending 06-30-2011
BCheck if applicable:
CName of organization
ACADEMY FOUNDATION
 
Doing Business As
 
 
Number and street (or P.O. box if mail is not delivered to street address)
8949 WILSHIRE BOULEVARD
 
Room/suite
City or town, state or country, and ZIP + 4
BEVERLY HILLS, CA902111972
D Employer identification number

95-2243698
E Telephone number

G Gross receipts $ 6,199,304
F Name and address of principal officer:
RIC ROBERTSON
8949 WILSHIRE BOULEVARD
BEVERLY HILLS,CA902111972
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
WWW.OSCARS.ORG
H(a)
Is this a group return for
affiliates?
H(b)
Are all affiliates included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:
 
L Year of formation: 1944
M State of legal domicile: CA
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: ITS PRIMARY PURPOSE IS TO ORGANIZE AND OVERSEE THE EDUCATIONAL AND CULTURAL ACTIVITIES OF THE MOTION PICTURE INDUSTRY, INCLUDING PRESENTATION OF ITS HISTORY AND PROMOTION OF ITS FUTURE.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) .... 3 16
4 Number of independent voting members of the governing body (Part VI, line 1b) .... 4 16
5 Total number of individuals employed in calendar year 2010 (Part V, line 2a) ... 5 0
6 Total number of volunteers (estimate if necessary) .... 6 501
7a Total unrelated business revenue from Part VIII, column (C), line 12 .. 7a 0
b Net unrelated business taxable income from Form 990-T, line 34 .. 7b 0
Revenues; Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 9,754,593 6,019,425
9 Program service revenue (Part VIII, line 2g) ......... 83,025 88,677
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 150 259
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 72,000 90,943
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)................... 9,909,768 6,199,304
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 6,757,490 2,304,803
14 Benefits paid to or for members (Part IX, column (A), line 4) ....   0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 1,641,837 1,706,160
16a Professional fundraising fees (Part IX, column (A), line 11e)....   0
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet0    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24f).... 1,675,519 1,700,851
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 10,074,846 5,711,814
19 Revenue less expenses. Subtract line 18 from line 12...... -165,078 487,490
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............ 2,470,028 3,057,523
21 Total liabilities (Part X, line 26)............ 288,324 388,329
22 Net assets or fund balances. Subtract line 21 from line 20 ..... 2,181,704 2,669,194
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet
Signature of officer Date
JumboBullet
Type or print name and title.
Paid Preparer's Use Only Preparer's
signatureBig Right Arrow 		Date
right pointing bullet image Preparer’s taxpayer identification number
(see instructions)
Firm’s name (or yours
if self-employed),
address, and ZIP + 4Big Right Arrow




 		EIN right pointing bullet image
Phone no. right pointing bullet image
May the IRS discuss this return with the preparer shown above? (see instructions) .........
For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y
Form 990 (2010)
Form 990 (2010)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response to any question in this Part III . . . . . . . . . .
1
Briefly describe the organization’s mission: THE ACADEMY FOUNDATION WAS ESTABLISHED WITH THE PURPOSE OF ORGANIZING AND OVERSEEING THE EDUCATIONAL AND CULTURAL ACTIVITIES OF THE MOTION PICTURE INDUSTRY, INCLUDING THE PRESENTATION OF ITS HISTORY AND THE PROMOTION OF ITS FUTURE INCLUDING THE MARGARET HERRICK LIBRARY, THE PRINT AND FILM ARCHIVES, AS WELL AS THE BROAD EXPANSION OF THE FOUNDATION'S PUBLIC FILM PROGRAMS.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ....................
If “Yes,” describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program services? ..........................
If “Yes,” describe these changes on Schedule O.
4
Describe the exempt purpose achievements for each of the organization’s three largest program services by expenses.
Section 501(c)(3) and 501(c)(4) organizations and section 4947(a)(1) trusts are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 1,567,313 including grants of $   ) (Revenue $ 88,677 )
PUBLIC FILM PROGRAMS AND EXHIBITS: THE ACADEMY FOUNDATION MAINTAINS A YEAR-ROUND SCHEDULE OF EXHIBITIONS RELATED TO FILM HISTORY AND THE PROCESS OF FILM MAKING. INSTALLATIONS COVER SUCH CRAFTS AS PRODUCTION AND COSTUME DESIGN, SET DECORATION, POSTER ART, SCREENWRITING AND ANIMATION, ON SUBJECTS AS DIVERSE AS DIRECTOR'S DRAWINGS, FILM ARCHITECTURE, HOLLYWOOD JEWELS AND OTHER FILM MATERIAL COLLECTIONS. THE ACADEMY FOUNDATION PRESENTS A YEAR-ROUND SCHEDULE OF LECTURES AND SEMINARS. FIVE REGULARLY OCCURRING LECTURES ON FILMMAKING HAVE BEEN ESTABLISHED BY THE ACADEMY FOUNDATION TO CONTRIBUTE TO THE UNDERSTANDING AND APPRECIATION BY THE PUBLIC OF MOTION PICTURES AND THEIR CREATION. DELIVERED BY DISTINGUISHED FIGURES AND ILLUSTRATED WITH FILM CLIPS, THE LECTURES PROVIDE THOUGHTFUL, ENTERTAINING AND VERY PERSONAL INVESTIGATIONS OF THE ART OF MOTION PICTURES. THE ACADEMY FOUNDATION ALSO PROVIDES A SERIES OF FILMMAKING SEMINARS ON SUCH ASPECTS OF THE INDUSTRY AS PRODUCTION DESIGN, MUSIC, ACTING, EDITING, CINEMATOGRAPHY, CASTING, PRODUCING, VISUAL EFFECTS, COSTUME DESIGN AND WRITING. ACADEMY FOUNDATION TRIBUTES, RETROSPECTIVES, AND EXHIBITS ATTRACT MORE THAN 9,000 PEOPLE PER YEAR. THESE EVENTS ARE PRESENTED IN THE ACADEMY'S THEATERS AT LOW OR NO COST TO BOTH THE GENERAL PUBLIC AND ACADEMY MEMBERS.
4b (Code:   ) (Expenses $ 1,338,468 including grants of $ 1,313,265 ) (Revenue $   )
GRANTS PROGRAM: GRANTS AWARDED BY THE ACADEMY FOUNDATION REFLECT THE BASIC GOAL OF THE FOUNDATION, THAT IS, TO ADVANCE THE ARTS AND SCIENCES OF MOTION PICTURES AND TO FOSTER COOPERATION AMONG THE CREATIVE LEADERS OF THE MOTION PICTURE INDUSTRY FOR CULTURAL, EDUCATIONAL AND TECHNICAL PROGRESS. TO RECEIVE A GRANT, NON-PROFIT ORGANIZATIONS, SCHOOLS, COLLEGES AND UNIVERSITIES MUST SUBMIT A PROPOSAL OUTLINING HOW THEY WILL USE THE GRANT MONIES. SELECTION IS BASED ON THE MERIT OF THE PROPOSAL AND IS JUDGED ON THE BASIS OF VARIOUS CRITERIA INCLUDING (1) EDUCATIONAL COMPONENTS, (2) TYPE AND SIZE OF TARGET AUDIENCE, (3) SIGNIFICANCE OF SUBJECT MATTER, (4) CULTURAL COMPONENTS, AND (5) TECHNICAL COMPONENTS. GRANTS ARE NOT AWARDED TO COMMERCIAL INSTITUTIONS OR ORGANIZATIONS OR TO INDIVIDUALS PURSUING ACTIVITIES RELATED TO THEIR EMPLOYMENT BY NON-PROFIT MAKING ORGANIZATIONS.
4c (Code:   ) (Expenses $ 285,776 including grants of $ 47,000 ) (Revenue $   )
STUDENT ACADEMY AWARDS: THE STUDENT ACADEMY AWARDS PROGRAM IS A NATIONAL COMPETITION CONDUCTED BY THE ACADEMY AND THE ACADEMY FOUNDATION. EACH YEAR, OVER 500 COLLEGE AND UNIVERSITY FILM STUDENTS FROM ALL OVER THE UNITED STATES COMPETE FOR AWARDS AND CASH GRANTS, WITH FILMS BEING JUDGED IN FOUR CATEGORIES: ANIMATION, DOCUMENTARY, NARRATIVE AND ALTERNATIVE. AN OUTSTANDING FILMMAKER FROM OUTSIDE THE UNITED STATES IS HONORED EACH YEAR AS WELL THROUGH A SPECIAL CATEGORY ESTABLISHED IN 1981, THE HONORARY FOREIGN FILM STUDENT AWARD. THE PURPOSE OF THE STUDENT ACADEMY AWARD IS TO SUPPORT AND ENCOURAGE FILMMAKERS WITH NO PREVIOUS PROFESSIONAL EXPERIENCE WHO ARE ENROLLED IN ACCREDITED COLLEGES AND UNIVERSITIES.
(Code:   ) (Expenses $ 944,538 including grants of $ 944,538 ) (Revenue $   )
SUPPORT OF RELATED ORGANIZATION
(Code:   ) (Expenses $ 82,922 including grants of $   ) (Revenue $   )
HIGH SCHOOL PROJECTS
(Code:   ) (Expenses $ 70,537 including grants of $   ) (Revenue $   )
INTERNATIONAL FILMMAKER PROGRAM
(Code:   ) (Expenses $ 1,152 including grants of $   ) (Revenue $   )
VISITING ARTISTS
4d Other program services. (Describe in Schedule O.)
(Expenses $ 1,099,149 including grants of $ 944,538 ) (Revenue $   )
4e Total program service expensesMediumBullet$ 4,290,706
Form 990 (2010)
Form 990 (2010)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If “Yes,” complete Schedule AClick to see attachment.....................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors? Click to see attachment........
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If “Yes,” complete Schedule C, Part I..........
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities? If “Yes,” complete Schedule C,
Part II.........................
4
 
No
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If “Yes,” complete Schedule C, Part III........................
5
 
 
6
Did the organization maintain any donor advised funds or any similar funds or accounts where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If “Yes,” complete
Schedule D, Part IClick to see attachment.......................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas or historic structures? If “Yes,” complete Schedule D, Part IIClick to see attachment...
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If “Yes,” complete Schedule D, Part III Click to see attachment....................
8
 
No
9
Did the organization report an amount in Part X, line 21; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If “Yes,”
complete Schedule D, Part IVClick to see attachment...................
9
 
No
10
Did the organization, directly or through a related organization, hold assets in term, permanent,or quasi-endowments? If “Yes,” complete Schedule D, Part VClick to see attachment
10
Yes
 
11
If the organization’s answer to any of the following questions is ‘Yes,’ then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable:
a
Did the organization report an amount for land, buildings, and equipment in Part X, line10? If “Yes,” complete Schedule D, Part VI.Click to see attachment
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VII.Click to see attachment
11b
 
No
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VIII.Click to see attachment
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part IX.Click to see attachment
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If “Yes,” complete Schedule D, Part X.Click to see attachment
11e
 
No
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If “Yes,” complete Schedule D, Part X.Click to see attachment
11f
Yes
 
12a
Did the organization obtain separate, independent audited financial statements for the tax year? If “Yes,” complete Schedule D, Parts XI, XII, and XIII Click to see attachment
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If “Yes,” and if the organization answered ‘No’ to line 12a, then completing Schedule D, Parts XI, XII, and XIII is optional Click to see attachment
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If “Yes,” complete Schedule E
13
 
No
14a
Did the organization maintain an office, employees, or agents outside of the United States?....
14a
 
No
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, and program service activities outside the United States? If “Yes,” complete Schedule F, Part I......... Click to see attachment
14b
Yes
 
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any organization or entity located outside the U.S.? If “Yes,” complete Schedule F, Part II.. Click to see attachment
15
 
No
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance to individuals located outside the U.S.? If “Yes,” complete Schedule F, Part III.. Click to see attachment
16
Yes
 
17
Did the organization report a total of more than $15,000, of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If “Yes,” complete Schedule G, Part I
17
 
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If “Yes,” complete Schedule G, Part II..........
18
 
No
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If “Yes,” complete Schedule G, Part III...................
19
 
No
Form 990 (2010)
Form 990 (2010)
Page 4
Part IV
Checklist of Required Schedules (continued)
20a
Did the organization operate one or more hospitals? If “Yes,” complete Schedule H.....
20a
 
No
b
Did the organization attach its audited financial statement to this return? Note: All Form 990 filers that operate one or more hospitals must attach audited financial statements. .....
20b
 
 
21
Did the organization report more than $5,000 of grants and other assistance to governments and organizations in the United States on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.. Click to see attachment
21
Yes
 
22
Did the organization report more than $5,000 of grants and other assistance to individuals in the United States on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III..... Click to see attachment
22
Yes
 
23
Did the organization answer “Yes” to Part VII, Section A, questions 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If “Yes,” complete Schedule J................ Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer questions 24b–24d and complete Schedule K. If “No,” go to line 25................
24a
 
No
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
 
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?......................
24c
 
 
d
Did the organization act as an “on behalf of” issuer for bonds outstanding at any time during the year?...
24d
 
 
25a
Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If “Yes,” complete Schedule L, Part I......
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If “Yes,” complete Schedule L, Part I................
25b
 
No
26
Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated employee, or disqualified person outstanding as of the end of the organization’s tax year? If “Yes,” complete Schedule L,
Part II...........................
26
 
No
27
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor, or a grant selection committee member, or to a person related to such an individual? If “Yes,” complete Schedule L, Part III...............
27
 
No
28
Was the organization a party to a business transaction with one of the following parties? (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, or key employee? If “Yes,” complete Schedule L, Part IV .........................
28a
 
No
b
A family member of a current or former officer, director, trustee, or key employee? If “Yes,”
complete Schedule L, Part IV...................
28b
 
No
c
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or owner? If “Yes,” complete Schedule L, Part IV..
28c
 
No
29
Did the organization receive more than $25,000 in non-cash contributions? If “Yes,” complete Schedule MClick to see attachment
29
Yes
 
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If “Yes,” complete Schedule M............ Click to see attachment
30
Yes
 
31
Did the organization liquidate, terminate, or dissolve and cease operations? If “Yes,” complete Schedule N,
Part I........................... Click to see attachment
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If “Yes,” complete Schedule N, Part II.......................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If “Yes,” complete Schedule R, Part I........ Click to see attachment
33
 
No
34
Was the organization related to any tax-exempt or taxable entity? If “Yes,” complete Schedule R, Parts II, III, IV, and V, line 1..................... Click to see attachment
34
Yes
 
35
Is any related organization a controlled entity within the meaning of section 512(b)(13)? .....
35
Yes
 
a
Did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If “Yes,” complete Schedule R, Part V, line 2... Click to see attachment
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If “Yes,” complete Schedule R, Part V, line 2........... Click to see attachment
36
Yes
 
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If “Yes,” complete Schedule R, Part VIClick to see attachment
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11 and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Form 990 (2010)
Form 990 (2010)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response to any question in this Part V . . . . . . . . . .
Yes
No
1a
Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable. .......
1a
126
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable.
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements filed for the calendar year ending with or within the year covered by this return .....................
2a
0
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?

Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file. (see instructions)
2b
 
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?.............................
3a
 
No
b
If “Yes,” has it filed a Form 990-T for this year? If “No,” provide an explanation in Schedule O.....
3b
 
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account or securities account)?.......................
4a
 
No
b
If "Yes," enter the name of the foreign country: MediumBullet
See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If “Yes” to line 5a or 5b, did the organization file Form 8886-T? ........
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible?..........
6a
 
No
b
If “Yes,” did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?........................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?....................
7a
Yes
 
b
If “Yes,” did the organization notify the donor of the value of the goods or services provided?.....
7b
Yes
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?...........................
7c
 
No
d
If “Yes,” indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?..........................
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?...................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?...............
7h
 
 
8
Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations. Did the supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings at any time during the year?................
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the organization make any taxable distributions under section 4966?.........
9a
 
 
b
Did the organization make a distribution to a donor, donor advisor, or related person?......
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If “Yes,” enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
Note. All 501(c)(29) organizations must list in Schedule O each state in which they are licensed to issue qualified health plans, the amount of reserves required by each state, and the amount of reserves the organization allocated to each state.
13a
 
 
b
Enter the aggregate amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans.
13b
 
c
Enter the aggregate amount of reserves on hand.
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
 
b
If "Yes," has it filed a Form 720 to report these payments? If “No,” provide an explanation in Schedule O..
14b
 
 
Form 990 (2010)
Form 990 (2010)
Page 6
Part VI
Governance, Management, and Disclosure For each “Yes” response to lines 2 through 7b below, and for a “No” response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response to any question in this Part VI . . . . . . . . . .
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year ..............
1a
16
b
Enter the number of voting members included in line 1a, above, who are independent .................
1b
16
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
 
No
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? ..
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed?
4
Yes
 
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Does the organization have members or stockholders? ................
6
 
No
7a
Does the organization have members, stockholders, or other persons who may elect one or more members of the governing body? .........................
7a
Yes
 
b
Are any decisions of the governing body subject to approval by members, stockholders, or other persons? ..
7b
 
No
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .........................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If “Yes,” provide the names and addresses in Schedule O .....
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal
Revenue Code.)
Yes
No
10a
Does the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If “Yes,” does the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with those of the organization? ....
10b
 
 
11a
Has the organization provided a copy of this Form 990 to all members of its governing body before filing the form?
11a
Yes
 
b
Describe in Schedule O the process, if any, used by the organization to review the Form 990. .....
12a
Does the organization have a written conflict of interest policy? If “No,” go to line 13.......
12a
Yes
 
b
Are officers, directors or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ...........................
12b
Yes
 
c
Does the organization regularly and consistently monitor and enforce compliance with the policy? If “Yes,” describe in Schedule O how this is done ....................
12c
Yes
 
13
Does the organization have a written whistleblower policy? ...............
13
Yes
 
14
Does the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
 
No
b
Other officers or key employees of the organization ................
15b
 
No
If "Yes" to line a or b, describe the process in Schedule O. (See instructions.)
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
 
No
b
If “Yes,” has the organization adopted a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and taken steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
 
 
Section C. Disclosure
17
List the States with which a copy of this Form 990 is required to be filedMediumBullet
CA
18
Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you make these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how), the organization makes its governing documents, conflict of interest policy, and financial statements available to the public.
20
State the name, physical address, and telephone number of the person who possesses the books and records of the organization: MediumBullet
ANDREW HORN
8949 WILSHIRE BLVD
BEVERLY HILLS,CA902111972
(310) 247-3000
Form 990 (2010)
Form 990 (2010)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response to any question in this Part VII . . . . . . . . . .
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation, and current key employees. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.
Check this box if neither the organization nor any related organizations compensated any current or former officer, director, or trustee.
(A)
Name and Title 		(B)
Average hours per week (describe hours for related organizations in Schedule O) 		(C)
Position (check all that apply) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;
(1) Robert Rehme
President
 1.0 X                
(2) James Brooks
Vice President
 1.0 X                
(3) Annette Bening
Vice President
 1.0 X                
(4) Sid Ganis
Treasurer
 1.0 X                
(5) Thomas Sherak
Secretary
 2.0 X                
(6) Jon Bloom
Trustee
 1.0 X                
(7) Donn Cambern
Trustee
 1.0 X                
(8) Caleb Deschanel
Trustee
 1.0 X                
(9) Jim Gianopulos
Trustee
 1.0 X                
(10) Mark Goldblatt
Trustee
 1.0 X                
(11) Arthur Hamilton
Trustee
 1.0 X                
(12) Kathleen Kennedy
Trustee
 1.0 X                
(13) John Lasseter
Trustee
 1.0 X                
(14) Kevin O'Connell
Trustee
 1.0 X                
(15) Frank Pierson
Trustee
 1.0 X                
(16) Bill Taylor
Trustee
 1.0 X                
(17) Bruce Davis
Executive Director
 5.0     X       0 565,891 212,100
Form 990 (2010)
Form 990 (2010)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and Title 		(B)
Average hours per week (describe hours for related organizations in Schedule O) 		(C)
Position (check all that apply) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;
(18) Dawn Hudson
CHIEF EXECUTIVE OFFICER
 5.0     X       0 37,040 1,924
(19) Ric Robertson
CHIEF OPERATING OFFICER
 25.0     X       0 370,947 172,329
(20) Andrew Horn
Controller
 5.0     X       0 238,238 41,110




















1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)............MediumBullet 0 1,212,116 427,463
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 in reportable compensation from the organizationMediumBullet0
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If “Yes,” complete Schedule J for such individual .............
3
 
No
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If “Yes,” complete Schedule J for such individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If “Yes,” complete Schedule J for such person .....
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
DOCUMEDIA GROUP
2182 DUPONT DR 2
IRVINE,CA92612 		PRINTING SERVICES 148,756
JDH Films
10061 RIVERSIDE DR STE 417
TOLUCA LAKE,CA91604 		FILM & EDITING SERVC 119,642
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 in compensation from the organization MediumBullet2
Form 990 (2010)
Form 990 (2010)
Page 9
Part VIII
Statement of Revenue
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512, 513, or 514
Contributions, gifts, grants and other similar amounts 1a Federated campaigns..1a  
b Membership dues....1b  
c Fundraising events....1c  
d Related organizations...1d 3,791,151
e Government grants (contributions)1e 128,116
f All other contributions, gifts, grants, and
similar amounts not included above1f 		2,100,158
g Noncash contributions included in lines 1a-1f:$ 944,538
h Total. Add lines 1a-1f.......MediumBullet 6,019,425
Program Service Revenue Business Code
2a EDUCATIONAL PROGRAMS 611,710 88,677 88,677    
b
c
d
e
f All other program service revenue .        
g Total. Add lines 2a–2f........MediumBullet 88,677
Other Revenue 3 Investment income (including dividends, interest
and other similar amounts).....MediumBullet 259     259
4 Income from investment of tax-exempt bond proceeds..MediumBullet 0      
5 Royalties............MediumBullet 0      
(i) Real (ii) Personal
6a Gross Rents 72,000  
b Less: rental expenses    
c Rental income or (loss) 72,000  
d Net rental income or (loss).......MediumBullet 72,000     72,000
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory    
b Less: cost or other basis and sales expenses    
c Gain or (loss)    
d Net gain or (loss)..........MediumBullet 0      
8a Gross income from fundraising events (not including
$  
of contributions reported on line 1c). See Part IV, line 18 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from fundraising events..MediumBullet 0    
9a Gross income from gaming activities.
See Part IV, line 19 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from gaming activities...MediumBullet 0      
10a Gross sales of inventory, less
returns and allowances .
a  
b Less: cost of goods sold ..b  
c Net income or (loss) from sales of inventory..MediumBullet 0      
Miscellaneous Revenue Business Code
11a MISCELLANEOUS REVENUE 900,099 18,943     18,943
b            
c            
d All other revenue ....        
e Total. Add lines 11a–11d ......MediumBullet 18,943
12 Total revenue. See Instructions....MediumBullet 6,199,304 88,677   91,202
Form 990 (2010)
Form 990 (2010)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A) but are not required to complete columns (B), (C), and (D).
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising expenses
1 Grants and other assistance to governments and organizations in the U.S. See Part IV, line 21 2,190,303 2,190,303
2 Grants and other assistance to individuals in the U.S. See Part IV, line 22 102,500 102,500
3 Grants and other assistance to governments, organizations, and individuals outside the U.S. See Part IV, lines 15 and 16 12,000 12,000
4 Benefits paid to or for members 0  
5 Compensation of current officers, directors, trustees, and key employees .... 408,525   408,525  
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .... 0      
7 Other salaries and wages 1,112,838 513,230 599,608  
8 Pension plan contributions (include section 401(k) and section 403(b) employer contributions) .... 0      
9 Other employee benefits ....... 109,647 45,468 64,179  
10 Payroll taxes ........... 75,150 28,126 47,024  
11 Fees for services (non-employees):        
a Management ...... 0      
b Legal ......... 0      
c Accounting ........... 34,000 11,000 23,000  
d Lobbying ........... 0      
e Professional fundraising. See Part IV, line 17.. 0  
f Investment management fees ...... 0      
g Other .......... 0      
12 Advertising and promotion .... 568,602 372,679 195,923  
13 Office expenses ....... 182,206 170,494 11,712  
14 Information technology ...... 0      
15 Royalties .. 0      
16 Occupancy ........... 108,461 76,790 31,671  
17 Travel ............ 79,288 57,898 21,390  
18 Payments of travel or entertainment expenses for any federal, state, or local public officials ...... 0      
19 Conferences, conventions, and meetings .... 0      
20 Interest ........... 0      
21 Payments to affiliates ....... 0      
22 Depreciation, depletion, and amortization ..... 17,240   17,240  
23 Insurance .............. 0      
24 Other expenses. Itemize expenses not covered above. (Expenses grouped together and labeled miscellaneous may not exceed 5% of total expenses shown on line 25 below.)
a INSTALLATION/EXHIBIT EXP. 251,271 251,271    
b CATERING 162,985 162,985    
c MISC STUDENT ACADEMY AWARD EXP 100,341 100,341    
d PUBLIC SCHOOL PROJECT 55,384 55,384    
e INTERNATIONAL FILMAKERS 70,537 70,537    
f All other expenses 70,536 69,700 836  
25 Total functional expenses. Add lines 1 through 24f 5,711,814 4,290,706 1,421,108 0
26 Joint costs. Check here MediumBullet if following
SOP 98-2 (ASC 958-720). Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation 		       
Form 990 (2010)
Form 990 (2010)
Page 11
Part X Balance Sheet
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash—non-interest-bearing ..........   1 454,601
2 Savings and temporary cash investments .......   2  
3 Pledges and grants receivable, net ......... 1,222,653 3 1,222,653
4 Accounts receivable, net ......... 393,590 4 476,639
5 Receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
Schedule L ..........   5  
6 Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B). Complete Part II of
Schedule L ..........   6  
7 Notes and loans receivable, net ............. 353,256 7 353,256
8 Inventories for sale or use ..............   8  
9 Prepaid expenses and deferred charges ............ 323,436 9 351,257
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 1,040,626
b Less: accumulated depreciation. ..... 10b 841,509 177,093 10c 199,117
11 Investments—publicly traded securities ..........   11  
12 Investments—other securities. See Part IV, line 11 ......   12  
13 Investments—program-related. See Part IV, line 11 ..   13  
14 Intangible assets .........   14  
15 Other assets. See Part IV, line 11 ...........   15  
16 Total assets. Add lines 1 through 15 (must equal line 34)... 2,470,028 16 3,057,523
Liabilities 17 Accounts payable and accrued expenses . 221,545 17 143,572
18 Grants payable .......... 50,000 18 243,056
19 Deferred revenue .......... 16,779 19 1,701
20 Tax-exempt bond liabilities ..........   20  
21 Escrow or custodial account liability. Complete Part IV of Schedule D..   21  
22 Payables to current and former officers, directors, trustees, key
employees, highest compensated employees, and disqualified
persons. Complete Part II of Schedule L..........   22  
23 Secured mortgages and notes payable to unrelated third parties ..   23  
24 Unsecured notes and loans payable to unrelated third parties ....   24  
25 Other liabilities. Complete Part X of Schedule D.....   25  
26 Total liabilities. Add lines 17 through 25..... 288,324 26 388,329
Net Assets or Fund Balance Organizations that follow SFAS 117, check here MediumBullet and complete lines 27 through 29, and lines 33 and 34.
27 Unrestricted net assets ..... 959,004 27 1,446,494
28 Temporarily restricted net assets ..... 1,222,700 28 1,222,700
29 Permanently restricted net assets .....   29  
Organizations that do not follow SFAS 117, check here MediumBullet and complete lines 30 through 34.
30 Capital stock or trust principal, or current funds .....   30  
31 Paid-in or capital surplus, or land, building or equipment fund .....   31  
32 Retained earnings, endowment, accumulated income, or other funds   32  
33 Total net assets or fund balances ..... 2,181,704 33 2,669,194
34 Total liabilities and net assets/fund balances ..... 2,470,028 34 3,057,523
Form 990 (2010)
Form 990 (2010)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response to any question in this Part XI . . . . . . . . . .
1
Total revenue (must equal Part VIII, column (A), line 12) . . .
1
6,199,304
2
Total expenses (must equal Part IX, column (A), line 25) . . . . .
2
5,711,814
3
Revenue less expenses. Subtract line 2 from line 1 . . . .
3
487,490
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) . .
4
2,181,704
5
Other changes in net assets or fund balances (explain in Schedule O) . . . .
5
 
6
Net assets or fund balances at end of year. Combine lines 3, 4, and 5 (must equal Part X, line 33, column (B)) . . . . . .
6
2,669,194
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response to any question in this Part XII . . . . . . . . . .
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?..
2a
 
No
b
Were the organization’s financial statements audited by an independent accountant?........
2b
Yes
 
c
If “Yes,” to 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O............................
2c
Yes
 
d
If “Yes” to line 2a or 2b, check a box below to indicate whether the financial statements for the year were issued on a separate basis, consolidated basis, or both:
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133? ................
3a
 
No
b
If “Yes,” did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits. ..
3b
 
 
Form 990 (2010)
Additional Data


Software ID:  
Software Version:  
Form 990, Special Condition Description:
Special Condition Description
SCHEDULE A
(Form 990 or 990EZ)

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.
right arrow Attach to Form 990 or Form 990-EZ. right arrow See separate instructions.
OMB No. 1545-0047
2010
Open to Public
Inspection
Name of the organization
ACADEMY FOUNDATION
 
Employer identification number

95-2243698
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
f
g
(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
(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.") .... 4,101,245 3,200,956 4,498,442 9,754,593 6,019,424 27,574,660
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.. 4,101,245 3,200,956 4,498,442 9,754,593 6,019,424 27,574,660
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)..           17,445,651
6 Public Support. Subtract line 5 from line 4.           10,129,009
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.. 4,101,245 3,200,956 4,498,442 9,754,593 6,019,424 27,574,660
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. 2,778,994 2,903,599 729,354 72,150 72,259 6,556,356
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.. 36,695 63 10,281 0 18,943 65,982
11 Total support (Add lines 7 through 10).           34,196,998
12
12
546,258
13
Section C. Computation of Public Support Percentage
14
14
29.620 %
15
15
24.140 %
16a
b
17a
b
18
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
Section C. Computation of Public Support Percentage
15
15
 
16
16
 
Section D. Computation of Investment Income Percentage
17
17
 
18
18
 
19a
b
20
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
IN RECENT YEARS, THE ACADEMY FOUNDATION ("FOUNDATION") RECEIVED SEVERAL LARGE GRANTS FROM SUPPORTERS THAT, WHEN COMBINED, CAUSED IT TO FALL SLIGHTLY BELOW THE ONE-THIRD MEASUREMENT OF BROAD PUBLIC SUPPORT. ALTHOUGH THE FOUNDATION'S PUBLIC SUPPORT PERCENTAGE WAS APPROXIMATELY 30% FOR THE 2010 TAX YEAR, THE FOUNDATION REMAINS COMMITTED TO REPRESENTING AND SERVING THE BROAD GENERAL PUBLIC THROUGH ITS PROGRAMS TO SOLICIT PUBLIC FUNDS, COMMUNITY-BASED GOVERNING BODY, AND PROVISION OF FACILITIES AND SERVICES FOR THE BENEFIT OF THE PUBLIC. THE FOUNDATION PROVIDES FACILITIES AND SERVICES DIRECTLY FOR THE BENEFIT OF THE GENERAL PUBLIC ON A CONTINUING BASIS AND FOUNDATION TRIBUTES, RETROSPECTIVES, AND EXHIBITS ATTRACT MORE THAN 9,000 PEOPLE PER YEAR. AS DESCRIBED IN DETAIL IN THE SCHEDULE O DESCRIPTION FOR PART III, THE FOUNDATION MAINTAINS A YEAR-ROUND SCHEDULE OF EXHIBITIONS RELATED TO FILM HISTORY AND THE PROCESS OF FILM MAKING, AS WELL AS, A REGULAR ANNUAL SCHEDULE OF LECTURES AND SEMINARS ON FILMMAKING. SOME FILMMAKING SEMINARS ARE INTENDED TO CONTRIBUTE TO THE UNDERSTANDING AND APPRECIATION BY THE PUBLIC OF MOTION PICTURES AND THEIR CREATION WHILE OTHERS FOCUS ON SPECIFIC ASPECTS OF FILMMAKING SUCH AS PRODUCTION DESIGN, MUSIC, ACTING, EDITING, CINEMATOGRAPHY, CASTING, PRODUCING, VISUAL EFFECTS, COSTUME DESIGN, AND WRITING. EVENTS ARE NORMALLY PRESENTED IN THE ACADEMY'S THEATRES AT LOW OR NO COST TO BOTH THE GENERAL PUBLIC AND ACADEMY MEMBERS. IN ADDITION TO FACILITIES, LECTURES, AND SEMINARS PROVIDED THROUGHOUT THE YEAR, THE FOUNDATION ALSO PROVIDED OVER $1.5 MILLION IN GRANTS AND AWARDS IN 2010 TO VARIOUS UNRELATED NONPROFIT ORGANIZATIONS AND TO STUDENTS OF THE ARTS. GRANTS WERE AWARDED TO OVER 60 UNRELATED 501(C)(3) ORGANIZATIONS WITH THE INTENTION OF ADVANCING THE ARTS AND SCIENCES OF MOTION PICTURES. AWARDS WERE ALSO GRANTED TO 18 STUDENTS IN 2010 THROUGH THE STUDENT ACADEMY AWARDS AND FILM SCHOLARS PROGRAMS. SEE FORM 990, SCHEDULE I FOR ADDITIONAL INFORMATION. THE GOVERNING BODY OF THE FOUNDATION ALSO SERVES TO REPRESENT THE BROAD INTERESTS OF THE PUBLIC AND ALL 16 VOTING MEMBERS OF THE BOARD ARE "INDEPENDENT VOTING MEMBERS" AS DEFINED BY THE FORM 990 INSTRUCTIONS. THE FOUNDATION CONTINUES TO MAINTAIN A PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC AND EACH YEAR RECEIVES DONATIONS FROM A VARIETY OF SOURCES, INCLUDING PRIVATE DONORS, RELATED SUPPORTING ORGANIZATIONS, ESTATES, AND OTHER UNRELATED CHARITABLE ORGANIZATIONS. IN ADDITION TO ITS CONTINUOUS AND BONA FIDE PROGRAMS FOR SOLICITATION OF FUNDS FROM THE PUBLIC, THE FOUNDATION HAS ALSO RECENTLY EMBARKED ON A NEW FUNDRAISING PROGRAM. THE NEW FUNDRAISING PROGRAM AIMS TO RAISE SIGNIFICANTLY LARGER AMOUNTS THAN IN RECENT YEARS AND THE 2011 TAX YEAR HAS ALREADY RECEIVED SIGNIFICANT PLEDGES AND CONTRIBUTIONS FROM UNRELATED DONORS. THE RESULTS OF THIS FUNDRAISING PROGRAM ARE EXPECTED TO RAISE THE FOUNDATION'S PUBLIC SUPPORT PERCENTAGE ABOVE THE ONE-THIRD MEASUREMENT IN FUTURE YEARS.
 
 
 
Schedule A (Form 990 or 990-EZ) 2010

Additional Data


Software ID:  
Software Version:  
Schedule B
(Form 990, 990-EZ,
or 990-PF)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors
Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
OMB No. 1545-0047
2010
Name of organization
ACADEMY FOUNDATION
 
Employer identification number

95-2243698
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ





Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule—
Special Rules
......................... Arrow Bullet   $    
Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2 of its Form 990, or check the box in the heading of its
Form 990-EZ, or on line 2 of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2010)

Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
Page 1 of 1 of Part I
Name of organization
ACADEMY FOUNDATION
  		Employer identification number

95-2243698
Part I
Contributors (see Instructions)
     
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
RESTRICTED
RESTRICTED
 

     
RESTRICTED
RESTRICTED  
RESTRICTED, RESTRICTED   RESTRICTED

$RESTRICTED




(Complete Part II if there is
a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Aggregate contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  




(Complete Part II if there is
a noncash contribution.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
Page 1 of 1 of Part II
Name of organization
ACADEMY FOUNDATION
  		Employer identification number

95-2243698
Part II
Noncash Property (see Instructions)
     
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
Page 1 of 1 of Part III
Name of organization
ACADEMY FOUNDATION
  		Employer identification number

95-2243698
Part III
Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
aggregating more than $1,000 for the year. (Complete columns (a) through (e) and the following line entry.)
For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
(a) No.
from
Part I		 (b)
Purpose of gift		 (c)
Use of gift		 (d)
Description of how gift is held
 
(e)
Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
       
 
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Additional Data


Software ID:  
Software Version:  
SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11, or 12.
SchDMd Bullet Attach to Form 990. SchDMd Bullet See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
ACADEMY FOUNDATION
 
Employer identification number

95-2243698
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .......    
2 Aggregate contributions to (during year) ...    
3 Aggregate grants from (during year) ...    
4 Aggregate value at end of year .......    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds may be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit. ...................................
Part II
Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a–2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ....................... 2a  
b Total acreage restricted by conservation easements .................. 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 8/17/06 ........ 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the taxable year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................
6
Staff and volunteer hours devoted to monitoring, inspecting and enforcing conservation easements during the year SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section
170(h)(4)(B)(i) and 170(h)(4)(B)(ii)? ....................................
9
In Part XIV, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under SFAS 116, not to report in its revenue statement and balance sheet works of
art, historical treasures, or other similar assets held for public exhibition, education or research in furtherance of public service,
provide, in Part XIV, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under SFAS 116, to report in its revenue statement and balance sheet works of art,
historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service,
provide the following amounts relating to these items:
(i)
Revenues included in Form 990, Part VIII, line 1 ........................SchDMd Bullet $  
(ii)
Assets included in Form 990, Part X ..............................SchDMd Bullet $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 relating to these items:
a
Revenues included in Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Privacy Act and Paperwork Reduction Act Notice, see the Intructions for Form 990
Cat. No. 52283D
Schedule D (Form 990) 2010

Schedule D (Form 990) 2010
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s accession and other records, check any of the following that are a significant use of its collection
items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIV.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b
If "Yes," explain the arrangement in Part XIV and complete the following table:
Amount
c Beginning balance ................................. 1c  
d Additions during the year .............................. 1d  
e Distributions during the year ............................. 1e  
f Ending balance ................................... 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21? .....................
b
If “Yes,” explain the arrangement in Part XIV.
Part V
Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.
(a)Current Year (b)Prior Year (c)Two Years Back (d)Three Years Back (e)Four Years Back
1a Beginning of year balance .... 1,222,700 1,521,800 1,486,800
b Contributions ........     35,000
c Investment earnings or losses ...      
d Grants or scholarships .....      
e Other expenditures for facilities
and programs ........ 		  299,100  
f Administrative expenses ....      
g End of year balance ...... 1,222,700 1,222,700 1,521,800
2
Provide the estimated percentage of the year end balance held as:
a
Board designated or quasi-endowment: SchDMd Bullet100.000 %
b
Permanent endowment: SchDMd Bullet  
c
Term endowment: SchDMd Bullet  
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) unrelated organizations ........................
3a(i)
 
No
(ii) related organizations ........................
3a(ii)
 
No
b
If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIV the intended uses of the organization's endowment funds.
Part VI
Investments—Land, Buildings, and Equipment. See Form 990, Part X, line 10.
Description of investment (a) Cost or other basis (investment) (b)Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land ................. 0 124,553 124,553
b Buildings ................   625,547 625,547  
c Leasehold improvements ............        
d Equipment ................   290,526 215,962 74,564
e Other .................        
Total. Add lines 1a-1e. (Column (d) should equal Form 990, Part X, column (B), line 10(c).)........SchDMdBullet 199,117
Schedule D (Form 990) 2010

Schedule D (Form 990) 2010
Page 3
Part VII
Investments—Other Securities. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b)Book value (c) Method of valuation:
Cost or end-of-year market value
(1)Financial derivatives    
(2)Closely-held equity interests    
Other








Total. (Column (b) should equal Form 990, Part X, col.(B) line 12.)Small Bullet  
Part VIII
Investments—Program Related. See Form 990, Part X, line 13.
(a) Description of investment type (b) Book value (c) Method of valuation:
Cost or end-of-year market value








Total. (Column (b) should equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets. See Form 990, Part X, line 15.
(a) Description (b) Book value








Total. (Column (b) should equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
Part X
Other Liabilities. See Form 990, Part X, line 25.
1.(a) Description of Liability (b) Amount
Federal Income Taxes 0








Total. (Column (b) should equal Form 990, Part X, col.(B) line 25.)Small Bullet 0
2. Fin 48 (ASC 740) Footnote. In Part XIV, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC740).
Schedule D (Form 990) 2010

Schedule D (Form 990) 2010
Page 4
Part XI Reconciliation of Change in Net Assets from Form 990 to Financial Statements
1 Total revenue (Form 990, Part VIII, column (A), line 12) .................... 1  
2 Total expenses (Form 990, Part IX, column (A), line 25) ..................... 2  
3 Excess or (deficit) for the year. Subtract line 2 from line 1 ............. 3  
4 Net unrealized gains (losses) on investments .......................... 4  
5 Donated services and use of facilities ............................. 5  
6 Investment expenses ................................... 6  
7 Prior period adjustments .................................. 7  
8 Other (Describe in Part XIV) ................................. 8  
9 Total adjustments (net). Add lines 4 - 8 ............................. 9  
10 Excess or (deficit) for the year per financial statements. Combine lines 3 and 9 ......... 10  
Part XII Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
1 Total revenue, gains, and other support per audited financial statements ....... 1  
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains on investments .......... 2a  
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIV): ............ 2d  
e Add lines 2a through 2d ..................... 2e  
3 Subtract line 2e from line 1..................... 3  
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a  
b Other (Describe in Part XIV): ........... 4b  
c Add lines 4a and 4b....................... 4c  
5 Total Revenue. Add lines 3 and 4c. (This should equal Form 990, Part I, line 12.) ...... 5  
Part XIII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
1 Total expenses and losses per audited financial statements ............. 1  
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities .......... 2a  
b Prior year adjustments .............. 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIV): ............ 2d  
e Add lines 2a through 2d...................... 2e  
3 Subtract line 2e from line 1..................... 3  
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a  
b Other (Describe in Part XIV): ............ 4b  
c Add lines 4a and 4b....................... 4c  
5 Total expenses. Add lines 3 and 4c. (This should equal Form 990, Part I, line 18.) ...... 5  
Part XIV
Supplemental Information
Complete this part to provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X; Part XI, line 8; Part XII, lines 2d and 4b; and Part XIII, lines 2d and 4b. Also complete this part to provide any additional information.
Identifier Return Reference Explanation
INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 DETAIL THE ENDOWMENT CONSISTS OF PLEDGED CONTRIBUTIONS SET ASIDE TO FUND A RELATED ORGANIZATION'S MUSEUM CURRENTLY UNDER DEVELOPMENT.
FIN 48 (ASC 740) FOOTNOTE SCHEDULE D, PART X, LINE 2 DETAIL THE ACADEMY HAS NO OPEN TAX POSITIONS THAT RESULT IN MATERIAL UNRECOGNIZED TAX BENEFITS.
Schedule D (Form 990) 2010

Additional Data


Software ID:  
Software Version:  




SCHEDULE F
(Form 990)

Department of the Treasury
Internal Revenue Service
Statement of Activities Outside the United States
Right pointing arrow large image Complete if the organization answered "Yes" to Form 990,
Part IV, line 14b, 15, or 16.
Right pointing arrow large image Attach to Form 990. Right pointing arrow large image See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
ACADEMY FOUNDATION
 
Employer identification number

95-2243698
Part I
General Information on Activities Outside the United States. Complete if the organization answered
“Yes” to Form 990, Part IV, line 14b.
1
For grantmakers. Does the organization maintain records to substantiate the amount of the grants or
assistance, the grantees' eligibility for the grants or assistance, and the selection criteria used to award
the grants or assistance? ...................................
2
For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of grant funds outside the
United States.
3
Activites per Region. (Use Part V if additional space is needed.)
(a) Region (b) Number of offices in the region (c) Number of employees or agents in region or independent contractors (d) Activities conducted in region (by type) (e.g., fundraising, program services, investments, grants to recipients located in the region) (e) If activity listed in (d) is a program service, describe specific type of
service(s) in region		 (f) Total
expenditures for region/investments
in region
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
3a Sub-total .....      
b Total from continuation sheets to Part I ...      
c Totals (add lines 3a and 3b)      
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2010
Schedule F (Form 990) 2010
Page 2
Part II
Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" to Form 990,
Part IV, line 15, for any recipient who received more than $5,000. Check this box if no one recipient received more than $5,000 ........ MediumBullet
Use Part V if additional space is needed.
1 (a) Name of organization (b) IRS code section
and EIN (if applicable)		 (c) Region (d) Purpose of
grant 		(e) Amount of
cash grant 		(f) Manner of
cash
disbursement 		(g) Amount of
of non-cash
assistance 		(h) Description
of non-cash
assistance 		(i) Method of
valuation
(book, FMV,
appraisal, other)
             
             
             
             
             
             
             
             
             
             
             
             
             
             
             
             
2
Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .....MediumBullet
 
3
Enter total number of other organizations or entities ........................MediumBullet
 
Schedule F (Form 990) 2010
Schedule F (Form 990) 2010Page 3
Part III
Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 16.
Use Part V if additional space is needed.
(a) Type of grant or assistance (b) Region (c) Number of recipients (d) Amount of
cash grant 		(e) Manner of cash
disbursement 		(f) Amount of
non-cash
assistance 		(g) Description
of non-cash
assistance 		(h) Method of
valuation
(book, FMV,
appraisal, other)
STUDENT ACADEMY AWARDS Europe/Iceland/Greenland 2 7,000 CHECK 0   FMV
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
Schedule F (Form 990) 2010
Schedule F (Form 990) 2010
Page 4
Part IV
Foreign Forms
1 Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926 (see instructions for Form 926).................
2 Did the organization have an interest in a foreign trust during the tax year? If " Yes," the organization may be required to file Form 3520 and/or Form 3520-A. (see instructions for Forms 3520 and 3520-A)..........
3 Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with respect to Certain Foreign Corporations. (see instructions for Form 5471)..............................
4 Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If "Yes," the organization may be required to file Form 8621, Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see instructions for Form 8621)
5 Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with respect to Certain Foreign Partnerships. (see instructions for Form 8865)....................................
6 Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to file Form 5713, International Boycott Report (see instructions for Form 5713)................................................
Schedule F (Form 990) 2010
Schedule F (Form 990) 2010
Page 5
Part V
Supplemental Information
Complete this part to provide the information (see instructions) required in Part I, line 2, and any additional information.
Identifier ReturnReference Explanation
PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS OUTSIDE THE U.S. SCHEDULE F, PART I, LINE 2 DETAIL STUDENT ACADEMY AWARD: THE GRANT IS MADE AT THE COMPLETION OF A FILM CONTEST. THERE ARE NO FURTHER REQUIREMENTS FOR THE GRANT.
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
Schedule F (Form 990) 2010
Additional Data


Software ID:  
Software Version:  



Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," to Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990
OMB No. 1545-0047
2010
Open to Public
Inspection
Name of the organization
ACADEMY FOUNDATION
 
Employer identification number
95-2243698
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ....................................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Governments and Organizations in the United States. Complete if the organization answered "Yes" to
Form 990, Part IV, line 21 for any recipient that received more than $5,000. Check this box if no one recipient received more than $5,000. Use
Part IV and Schedule I-1 (Form 990) if additional space is needed ......................... lBullet
(a) Name and address of organization
or government		 (b) EIN (c) IRC Code section
if applicable		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
non-cash assistance		 (h) Purpose of grant
or assistance
(1) BINATIONAL INDEPENDENT FILM FESTIVAL329 PURPLE HILLS WAY
EL PASO,TX79912 		20-0456334 501(C)(3) 5,500       FILM FESTIVAL GRANTS
(2) BLACK MARIA FILM & VIDEO FILM FESTIVALMedia Arts- NJCU
c/o NJCU Media Arts Dept
Jersey City,NJ07305 		52-1665274 501(C)(3) 5,500       FILM FESTIVAL GRANTS
(3) ANCHORAGE INTERNATIONAL FILM FESTIVALPO BOX 1520
HOMER,AK99603 		76-0758395 501(C)(3) 6,000       FILM FESTIVAL GRANTS
(4) ASPEN SHORTSFEST110 E HALLAM STREET
SUITE 102
ASPEN,CO81611 		74-2583139 501(C)(3) 10,000       FILM FESTIVAL GRANTS
(5) KIDFILM6116 N CENTRAL EXPRESSWAY 105
DALLAS,TX75206 		75-1412343 501(C)(3) 10,000       FILM FESTIVAL GRANTS
(6) SAN LUIS OBISPO INT'L FILM FESTIVALPO BOX 1449
SAN LUIS OBISPO,CA93406 		77-0367414 501(C)(3) 10,000       FILM FESTIVAL GRANTS
(7) WOODSTOCK FILM FESTIVALPO BOX 1406
WOODSTOCK,NY12498 		14-1824425 501(C)(3) 10,000       FILM FESTIVAL GRANTS
(8) ROGER EBERT'S FILM FESTIVAL119 GREGORY HALL
810 SOUTH WRIGHT STREET
URBANA,IL61801 		37-6000511 501(C)(3) 15,000       FILM FESTIVAL GRANTS
(9) ASHLAND INDEPENDENT FILM FESTIVALPO BOX 218
ASHLAND,OR97520 		93-1281951 501(C)(3) 17,500       FILM FESTIVAL GRANTS
(10) LOS ANGELES ASIAN PACIFIC FILM FESTIVAL120 JUDGE JOHN AISO STREET
LOS ANGELES,CA90012 		23-7108393 501(C)(3) 17,500       FILM FESTIVAL GRANTS
(11) NATIVE AMERICANS FILM & VIDEO FESTIVALGEORGE GUSTAV HEYE CENTER
ONE BOWLING GREEN
NEW YORK,NY10004 		53-0206027 501(C)(3) 17,500       FILM FESTIVAL GRANTS
(12) NEW YORK INT'L CHILDERN'S FILM295 GREENWICH STREET 426
NEW YORK,NY10007 		20-3987324 501(C)(3) 17,500       FILM FESTIVAL GRANTS
(13) SAN FRANCISCO INT'L ASIAN AMERICAN FILM FESTIVAL145 NINTH STREET SUITE 350
SAN FRANCISCO,CA94103 		94-2801493 501(C)(3) 17,500       FILM FESTIVAL GRANTS
(14) CHICAGO LATINO FILM FESTIVAL676 NORTH LASALLE
SUITE 520
CHICAGO,IL60654 		36-3580462 501(C)(3) 20,000       FILM FESTIVAL GRANTS
(15) CLEVELAND INTERNATIONAL FILM FESTIVAL2510 MARKET AVENUE
CLEVELAND,OH441133434 		34-1262368 501(C)(3) 20,000       FILM FESTIVAL GRANTS
(16) PORTLAND INTERNATIONAL FILM FESTIVAL1219 SW PARK AVENUE
PORTLAND,OR97205 		93-0391604 501(C)(3) 20,000       FILM FESTIVAL GRANTS
(17) TRAVERSE CITY FILM FESTIVALPO BOX 4064
TRAVERSE CITY,MI49685 		20-3100410 501(C)(3) 20,000       FILM FESTIVAL GRANTS
(18) MILL VALLEY FILM FESTIVAL1001 LOOTENS PLACE
SAN RAFAEL,CA94901 		94-2498062 501(C)(3) 25,000       FILM FESTIVAL GRANTS
(19) NASHVILLE FILM FESTIVALPO BOX 24330
NASHVILLE,TN372024330 		23-7258049 501(C)(3) 25,000       FILM FESTIVAL GRANTS
(20) NEW ORLEANS FILM FESTIVAL843 CARONDELET STREET
NEW ORLEANS,LA70130 		72-1136068 501(C)(3) 25,000       FILM FESTIVAL GRANTS
(21) SAN FRANCISCO INTERNATIONAL FILM FESTIVAL39 MESA ST SUITE 110
SAN FRANCISCO,CA94129 		94-2663216 501(C)(3) 30,000       FILM FESTIVAL GRANTS
(22) SEATTLE INTERNATIONAL FILM400 NINTH AVENUE NORTH
SEATTLE,WA981094708 		91-1489660 501(C)(3) 30,000       FILM FESTIVAL GRANTS
(23) CHICAGO INT'L FILM FESTIVAL30 E ADAMS ST SUITE 800
CHICAGO,IL606035628 		36-2545170 501(C)(3) 50,000       FILM FESTIVAL GRANTS
(24) TELLURIDE FILM FESTIVAL800 JONES STREET
BERKELEY,CA94710 		23-7426302 501(C)(3) 50,000       FILM FESTIVAL GRANTS
(25) JACOB BURNS FILM CENTERMANVILLE ROAD
PLEASANTVILLE,NY10570 		13-4038441 501(C)(3) 6,000       INSTITUTIONAL GRANTS
(26) RINGLING COLLEGE OF ART AND DESIGN2700 N TAMIAMI TRAIL
SARASOTA,FL34234 		59-0637903 501(C)(3) 6,000       INSTITUTIONAL GRANTS
(27) The ACME Network1201 W 5th Street
Suite T530
LOS ANGELES,CA90017 		95-4290768 501(C)(3) 7,500       INSTITUTIONAL GRANTS
(28) AMERICAN DOCUMENTARY20 JAY STREET
SUITE 940
BROOKLYN,NY11201 		13-3447752 501(C)(3) 7,500       INSTITUTIONAL GRANTS
(29) DePaul University1 EAST JACKSON BLVD
CHICAGO,IL60604 		36-2167048 501(C)(3) 7,500       INSTITUTIONAL GRANTS
(30) FACETS MULTI-MEDIA1517 WEST FULLERTON AVE
CHICAGO,IL60614 		23-7446373 501(C)(3) 7,500       INSTITUTIONAL GRANTS
(31) FILM INDEPENDENT9911 W PICO BLVD
11TH FLOOR
LOS ANGELES,CA90035 		95-3943485 501(C)(3) 7,500       INSTITUTIONAL GRANTS
(32) FILM STREAMSPO BOX 8485
OMAHA,NE68108 		20-2549448 501(C)(3) 7,500       INSTITUTIONAL GRANTS
(33) FLAHERTYINTERNATIONAL FILM SEMINARS6 E 39TH ST 12TH FLOOR
NEW YORK,NY10016 		03-6010806 501(C)(3) 7,500       INSTITUTIONAL GRANTS
(34) FLORIDA STATE UNIVERSITYUCC 3100
TALLAHASSEE,FL323062664 		59-1961248 501(C)(3) 7,500       INSTITUTIONAL GRANTS
(35) FRAMELINE145 NINTH STREET
SUITE 300
SAN FRANCISCO,CA94103 		94-2775772 501(C)(3) 7,500       INSTITUTIONAL GRANTS
(36) HAMPSHIRE COLLEGE893 WEST STREET
AMHERTS,MA01002 		04-6130872 501(C)(3) 7,500       INSTITUTIONAL GRANTS
(37) INTERNATIONAL DOCUMENTARY1201 W 5TH ST
SUITE M270
LOS ANGELES,CA90017 		95-3911227 501(C)(3) 7,500       INSTITUTIONAL GRANTS
(38) MAYSLES INSTITUTE343 LENOX AVE
NEW YORK,NY10027 		20-2545574 501(C)(3) 7,500       INSTITUTIONAL GRANTS
(39) Museum of Fine Arts HoustonPO BOX 6826
HOUSTON,TX772656526 		74-1109655 501(C)(3) 7,500       INSTITUTIONAL GRANTS
(40) MUSEUM OF THE MOVING IMAGE36-01 35 AVENUE
ASTORIA,NY11106 		11-2730714 501(C)(3) 7,500       INSTITUTIONAL GRANTS
(41) NALIPPO BOX 1247
SANTA MONICA,CA90406 		13-4198479 501(C)(3) 7,500       INSTITUTIONAL GRANTS
(42) REGENTS OF THE UNIVERSITY OF CALIFORNIA302 EAST MELNITZ
BOX 951323
LOS ANGELES,CA900951323 		95-6006143 501(C)(3) 7,500       INSTITUTIONAL GRANTS
(43) UNIVERSITY OF CHICAGOUNIVERSITY RESEARCH ADMINISTRATION
6030 SOUTH ELLIS AVE ROOM 114
CHICAGO,IL60637 		36-2177139 501(C)(3) 7,500       INSTITUTIONAL GRANTS
(44) WESLEYAN UNIVERSITY301 WASHINGTON TERRACE
MIDDLETOWN,CT06459 		06-0646959 501(C)(3) 7,500       INSTITUTIONAL GRANTS
(45) UNIVERSITY OF SOUTHERN CALIFORNIAPRODUCTION DIVISION INTERNSHIP
PROGRAM
LOS ANGELES,CA900892211 		95-1642394 501(C)(3) 9,000       INSTITUTIONAL GRANTS
(46) AMERICAN FILM INSTITUTE2021 N WESTERN AVENUE
Los Angeles,CA90027 		52-6072925 501(C)(3) 10,000       INSTITUTIONAL GRANTS
(47) COLUMBIA UNIVERSITY305 DODGE HALL MC 1803
29600 BROADWAY
NEW YORK,NY10027 		13-5598093 501(C)(3) 10,000       INSTITUTIONAL GRANTS
(48) CORNELL UNIVERSITY430 COLLEGE AVE
ITHACA,NY14850 		15-0532082 501(C)(3) 10,000       INSTITUTIONAL GRANTS
(49) EMERSON COLLEGE120 BOYLSTON STREET
BOSTON,MA021164624 		04-1286950 501(C)(3) 10,000       INSTITUTIONAL GRANTS
(50) GEORGE EASTMAN HOUSE900 EAST AVE
ROCHESTER,NY14607 		16-0743991 501(C)(3) 10,000       INSTITUTIONAL GRANTS
(51) LOS ANGELES COUNTY MUSEUM5905 WILSHIRE BLVD
LOS ANGELES,CA90036 		95-2264067 501(C)(3) 10,000       INSTITUTIONAL GRANTS
(52) LOYOLA MARYMOUNT UNIVERSITY1 LMU DRIVE SUITE 1300
LOS ANGELES,CA90045 		95-1643334 501(C)(3) 10,000       INSTITUTIONAL GRANTS
(53) NEW YORK UNIVERSITY TISCHTISCH SCHOOL OF THE ARTS
665 BROADWAY
NEW YORK,NY10012 		13-5562308 501(C)(3) 10,000       INSTITUTIONAL GRANTS
(54) New York University721 BROADWAY
ROOM 1139
New York,NY10003 		13-5562308 501(C)(3) 10,000       INSTITUTIONAL GRANTS
(55) STANFORD UNIVERSITY435 LASUEN MALL
STANFORD,CA94305 		00-9214214 501(C)(3) 10,000       INSTITUTIONAL GRANTS
(56) UCLA202 EAST MELNITZ
PO BOX 951622
LOS ANGELS,CA900951622 		95-6006143 501(C)(3) 10,000       INSTITUTIONAL GRANTS
(57) WRITERS GUILD FOUNDATION7000 WEST THIRD STREET
LOS ANGELES,CA90048 		23-7024900 501(C)(3) 10,000       INSTITUTIONAL GRANTS
(58) RESEARCH FOUNDATION OF SUNY735 ANDERSON HILL ROAD
PURCHASE,NY10577 		14-1368361 501(C)(3) 11,765       INSTITUTIONAL GRANTS
(59) UNIVERSITY OF NORTH CAROLINA115 BINGHAM HALL CB 3285
UNIVERSITY OF NORTH CAROLINA
Chapel Hill,NC275993285 		56-6001393 501(C)(3) 12,500       INSTITUTIONAL GRANTS
(60) UNIVERSITY OF NORTH CAROLINA SCHOOL OF THE ARTS1533 SOUTH MAIN STREET
WINSTONSALEM,NC27127 		56-6064850 501(C)(3) 14,000       INSTITUTIONAL GRANTS
(61) FILMAID INTERNATIONAL363 SEVENTH AVENUE
20TH FLOOR
NEW YORK,NY10001 		76-0722433 501(C)(3) 15,000       INSTITUTIONAL GRANTS
(62) INNER-CITY FILMMAKERS3000 OLYMPIC BLVD
BUILDING 3 SUITE 2413
SANTA MONICA,CA90404 		91-1769585 501(C)(3) 15,000       INSTITUTIONAL GRANTS
(63) STREETLIGHTS662 N VAN NESS AVE
SUITE 105
HOLLYWOOD,CA90004 		95-4499501 501(C)(3) 15,000       INSTITUTIONAL GRANTS
(64) CALIFORNIA INSTITUTE OF THE ARTS24700 MCBEAN PARKWAY
VALENCIA,CA91355 		95-6102146 501(C)(3) 20,000       INSTITUTIONAL GRANTS
(65) National Film Preservation Foundation870 MARKET STREET STE 1113
SAN FRANCISCO,CA94102 		52-2055624 501(C)(3) 250,000       INSTITUTIONAL GRANTS
(66) HOMEWOOD FOUNDATION8949 WILSHIRE BOULEVARD
BEVERLY HILLS,CA90211 		20-2605026 501(C)(3)   94,840     SUP. OF RELATED ORG
(67) ARCHIVAL FOUNDATION8949 WILSHIRE BOULEVARD
BEVERLY HILLS,CA90211 		20-4366551 501(C)(3)   849,698     SUP. OF RELATED ORG
2
Enter total number of section 501(c)(3) and government organizations ......................... Bullet Image
67
3
Enter total number of other organizations ................................ . Bullet Image
 
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2010

Schedule I (Form 990) 2010
Page 2
Part III
Grants and Other Assistance to Individuals in the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 22.
Use Schedule I-1 (Form 990) if additional space is needed.
(a)Type of grant or assistance (b)Number of
recipients		 (c)Amount of
cash grant		 (d)Amount of
non-cash assistance		 (e)Method of valuation (book,
FMV, appraisal, other)		 (f)Description of non-cash assistance
(1) STUDENT ACADEMY AWARDS 13 40,000      
(2) FILM SCHOLARS PROGRAM 5 62,500      











Part IV
Supplemental Information. Complete this part to provide the information required in Part I, line 2, and any other additional information.
Identifier Return Reference Explanation
Procedures for monitoring the use of grant funds in the U.S. SCHEDULE I, PART I, LINE 2 DETAIL Institutional and Film Festival Grants: The Academy requires each grant recipient to submit a final report detailing how the grant was spent on the funded project/program and what the results were of the funded project/program. As part of the final report, the Academy requires a final budget detailing how the money was spent as well as copies of any printed material related to the program plus any photos and/or videos that may be available. The Academy also requests a copy of the organization's tax returns, when appropriate. Film Scholar: The Academy pays the grant in two steps. First, 50% is paid when the grant is awarded. The final payment is made when the book is published. The Academy makes periodic contact with the scholar to check on the progress of their work. Student Academy Award: The grant is made at the completion of a film contest. There are no further requirements for the grant.
Schedule I (Form 990) 2010


Additional Data


Software ID:  
Software Version:  


Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet Complete if the organization answered "Yes" to Form 990,
Part IV, question 23.
SchJMediumBullet Attach to Form 990. SchJMediumBullet See separate instructions.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
ACADEMY FOUNDATION
 
Employer identification number

95-2243698
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed in Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement orprovision of all the expenses described above? If "No," complete Part III to explain....
1b
 
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
officers, directors, trustees, and the CEO/Executive Director, regarding the items checked in line 1a? ....
2
 
 
3
Indicate which, if any, of the following the organization uses to establish the compensation of the
organization's CEO/Executive Director. Check all that apply.
4
During the year, did any person listed in Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? ...............
4a
 
No
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? ........
4b
 
No
c
Participate in, or receive payment from, an equity-based compensation arrangement? ........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3) and 501(c)(4) organizations only must complete lines 5-9.
5
For persons listed in form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ...........................
5a
 
No
b
Any related organization? .........................
5b
 
No
If "Yes," to line 5a or 5b, describe in Part III.
6
For persons listed in form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ...........................
6a
 
No
b
Any related organization? .........................
6b
 
No
If "Yes," to line 6a or 6b, describe in Part III.
7
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
 
 
8
Were any amounts reported in Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regs. section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................
8
 
 
9
If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Privacy Act and Paperwork Reduction Act Notice, see the Intructions for Form 990
Cat. No. 50053T
Schedule J (Form 990) 2010

Schedule J (Form 990) 2010
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use Schedule J-1 if additional space needed.
For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.

Note. The sum of columns (B)(i)-(iii) must equal the applicable column (D) or column (E) amounts on Form 990, Part VII, line 1a.
(A) Name (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation
reported in prior
Form 990 or
Form 990-EZ
(i) Base compensation (ii) Bonus & incentive compensation (iii) Other reportable compensation
(1) Bruce Davis (i)
(ii)		 0
539,962 		 
  		 
25,929 		 
189,012 		 
23,088 		0
777,991 		 
 
(2) Ric Robertson (i)
(ii)		 0
349,562 		 
  		 
21,385 		 
149,241 		 
23,088 		0
543,276 		 
 
(3) Andrew Horn (i)
(ii)		 0
215,771 		 
  		 
22,467 		 
18,022 		 
23,088 		0
279,348 		 
 













Schedule J (Form 990) 2010

Schedule J (Form 990) 2010
Page 3
Part III
Supplemental Information
Complete this part to provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 4c, 5a, 5b, 6a, 6b, 7, and 8. Also complete this part for any additional information.
Identifier Return Reference Explanation
METHODS USED TO ESTABLISH COMPENSATION OF THE ORGANIZATION'S CEO SCHEDULE J, PART I, LINE 3 DETAIL A RELATED ORGANIZATION COMPENSATES THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL. THE RELATED ORGANIZATION USES THE FOLLOWING METHODS TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL: FORM 990 OF OTHER ORGANIZATIONS, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE BOARD OR GOVERNORS.
Schedule J (Form 990) 2010

Additional Data


Software ID:  
Software Version:  
SCHEDULE M
(Form 990)

Department of the Treasury
Internal Revenue Service
NonCash Contributions
Right pointing arrow large imageComplete if the organization answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image Attach to Form 990.
OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
ACADEMY FOUNDATION
 
Employer identification number

95-2243698
Part I
Types of Property
(a)
Check if applicable 		(b)
Number of Contributions or items contributed 		(c)
Contribution amounts reported on
Form 990, Part VIII, line 1g 		(d)
Method of determining
contribution amounts
1 Art—Works of art ....        
2 Art—Historical treasures . X 586 944,538 EXPERT OR APPRAISER
3 Art—Fractional interests ..        
4 Books and publications ..      
5 Clothing and household
goods ....... 		     
6 Cars and other vehicles ..        
7 Boats and planes ....        
8 Intellectual property ...        
9 Securities—Publicly traded .        
10 Securities—Closely held stock .        
11 Securities—Partnership, LLC,
or trust interests .... 		       
12 Securities—Miscellaneous ..        
13 Qualified conservation
contribution—Historic
structures ..... 		       
14 Qualified conservation
contribution—Other ... 		       
15 Real estate—Residential .        
16 Real estate—Commercial ..        
17 Real estate—Other ...        
18 Collectibles .....        
19 Food inventory ...        
20 Drugs and medical supplies .        
21 Taxidermy ......        
22 Historical artifacts ....        
23 Scientific specimens ..        
24 Archeological artifacts ...        
25 Other Right pointing arrow large image ( )
26 Other Right pointing arrow large image( )
27 Other Right pointing arrow large image( )
28 Other Right pointing arrow large image ( )
29
Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement ...
29
4
Yes
No
30a
During the year, did the organization receive by contribution any property reported in Part I, lines 1-28 that it
must hold for at least three years from the date of the initial contribution, and which is not required to be used
for exempt purposes for the entire holding period? ..................
30a
 
No
b
If "Yes," describe the arrangement in Part II.
31
Does the organization have a gift acceptance policy that requires the review of any non-standard contributions?
31
 
No
32a
Does the organization hire or use third parties or related organizations to solicit, process, or sell non-cash
contributions? ............................
32a
 
No
b
If "Yes," describe in Part II.
33
If the organization did not report revenues in column (c) for a type of property for which column (a) is checked,
describe in Part II.
For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 51227J
Schedule M (Form 990) 2010
Schedule M (Form 990) 2010
Page 2
Part II
Supplemental Information. Complete this part to provide the information required by Part I, lines 30b,
32b, and 33. Also complete this part for any additional information.
Identifier Return Reference Explanation
Number of contributions or number of items contributed SCHEDULE M, PART I, COLUMN (b) DETAIL THE NUMBERS REPORTED IN COLUMN (b) REPRESENT THE NUMBER OF CONTRIBUTIONS AND NOT NECESSARILY THE NUMBER OF ITEMS CONTRIBUTED.
Schedule M (Form 990) 2010
Additional Data


Software ID:  
Software Version:  
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.
MediumBullet Attach to Form 990 or 990-EZ.
OMB No. 1545-0047
2010
Open to Public
Inspection
Name of the organization
ACADEMY FOUNDATION
 
Employer identification number

95-2243698
Identifier Return Reference Explanation
Persons who may elect members of the governing body FORM 990, PART VI, SECTION A, LINE 7A DETAIL ACADEMY FOUNDATION GOVERNORS ARE ELECTED BY THE MEMBERS OF A RELATED ORGANIZATION.
Process used to review Form 990 FORM 990, PART VI, SECTION B, LINE 11B DETAIL THE FORM 990 IS PREPARED BY MANAGEMENT AND REVIEWED BY ITS INDEPENDENT TAX ADVISORS, PRICEWATERHOUSECOOPERS LLP. THE FINANCE COMMITTEE REVIEWS THE FORM. THE BOARD RECEIVES A COPY OF THE FORM PRIOR TO ISSUANCE.
Process used to comply with written conflict of interest policy FORM 990, PART VI, SECTION B, LINE 12C DETAIL TRUSTEES ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST WHEN THEY OCCUR. TRUSTEES ANNUALLY COMPLETE AN INDEPENDENCE QUESTIONNAIRE. IN ADDITION, MANAGEMENT REVIEWS THE BOOKS AND RECORDS FOR ANY CONFLICTS OF INTEREST. THE FULL BOARD IS NOTIFIED WHEN THERE IS A CONFLICT.
PROCESS FOR DETERMINING COMPENSATION FORM 990, PART VI, SECTION B, LINE 15A&B DETAIL A RELATED ORGANIZATION PAYS THE TOP MANAGEMENT OFFICIAL AND KEY EMPLOYEES. THE RELATED ORGANIZATION'S COMPENSATION PROCESS INCLUDED A REVIEW AND APPROVAL BY THE BOARD, COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION.
Governing documents, conflict of interest policy, and financial statements FORM 990, PART VI, SECTION C, LINE 19 DETAIL THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
AVERAGE HOURS PER WEEK DEVOTED TO RELATED ORGANIZATIONS Form 990, Part VII, Section A THE INDIVIDUALS LISTED BELOW WORKED THE FOLLOWING HOURS PER WEEK FOR RELATED ORGANIZATIONS: ROBERT REHME, PRESIDENT - 4 HOURS JAMES L. BROOKS, VICE PRESIDENT - 5 HOURS ANNETTE BENING, VICE PRESIDENT - 5 HOURS SID GANIS, TREASURER - 5 HOURS TOM SHERAK, SECRETARY - 26 HOURS JON BLOOM, TRUSTEE - 2 HOURS DONN CAMBERN, TRUSTEE - 4 HOURS CALEB DESCHANEL, TRUSTEE - 2 HOURS JIM GIANOPULOS, TRUSTEE - 2 HOURS MARK GOLDBLATT, TRUSTEE - 2 HOURS ARTHUR HAMILTON, TRUSTEE - 4 HOURS KATHLEEN KENNEDY, TRUSTEE - 2 HOURS JOHN LASSETER, TRUSTEE - 4 HOURS KEVIN O'CONNELL, TRUSTEE - 2 HOURS FRANK PIERSON, TRUSTEE - 4 HOURS BILL TAYLOR, TRUSTEE - 2 HOURS BRUCE DAVIS, EXECUTIVE DIRECTOR - 40 HOURS DAWN HUDSON, CHIEF EXECUTIVE OFFICER - 40 HOURS RIC ROBERTSON, CHIEF OPERATING OFFICER - 25 HOURS ANDREW HORN, CONTROLLER - 40 HOURS
NEW AND RETIRING OFFICERS FORM 990, PART VII, SECTION A, COLUMN A BRUCE DAVIS RETIRED AS EXECUTIVE DIRECTOR ON 6/30/2011. DAWN HUDSON JOINED THE ORGANIZATION ON 6/1/2011 TO REPLACE BRUCE DAVIS AS TOP MANAGEMENT OFFICIAL.
Significant Changes to Governing Documents Form 990, Part VI, Section A, Line 4 In June 2011, Academy Foundation had several changes to its governing documents including: a change in the number of trustees from 16 to 9 trustees, a change with respect to quorum and voting rights, a change in management title and position from Executive Secretary to Chief Executive Officer, and a change with respect to the creation of a new management position, Chief Operating Officer.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2010

Additional Data


Software ID:  
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SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" to Form 990, Part IV, line 33, 34, 35, 36, or 37.
MediumBulletAttach to Form 990. MediumBullet See separate instructions.

OMB No. 1545-0047
2010
Open to Public Inspection
Name of the organization
ACADEMY FOUNDATION
 
Employer identification number

95-2243698
Part I
Identification of Disregarded Entities (Complete if the organization answered "Yes" on Form 990, Part IV, line 33.)
(a)
Name, address, and EIN of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income
(e)
End-of-year assets


 		(f)
Direct controlling
entity

















Part II
Identification of Related Tax-Exempt Organizations (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.)
(a)
Name, address, and EIN of related organization


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section
(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled organization
Yes No
(1) AMPAS

8949 WILSHIRE BLVD

BEVERLY HILLS,CA90211
95-0473280 		MEMBERSHIP CA 501(c)(6) N/A NA
 
 
 
(2) ARCHIVAL FOUNDATION

8949 WILSHIRE BLVD

BEVERLY HILLS,CA90211
20-4366551 		FILM LIBRARY CA 501(c)(3) 11-I NA
 
 
 
(3) HOMEWOOD FOUNDATION

8949 WILSHIRE BLVD

BEVERLY HILLS,CA90211
20-2605026 		MUSEUM CA 501(c)(3) 11-I NA
 
 
 
(4) VINE STREET ARCHIVE FOUNDATION

8949 WILSHIRE BLVD

BEVERLY HILLS,CA90211
95-4860162 		FILM STUDY CA 501(c)(3) 11-I NA
 
 
 






For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.)
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code V—UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No












Part IV
Identification of Related Organizations Taxable as a Corporation or Trust (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.)
(a)
Name, address, and EIN of related organization



 		(b)
Primary activity



 		(c)
Legal domicile
(state or
foreign
country)
 		(d)
Direct controlling
entity


 		(e)
Type of entity
(C corp, S corp,
or trust)

 		(f)
Share of total income



 		(g)
Share of
end-of-year
assets

 		(h)
Percentage
ownership












Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 3
Part V
Transactions With Related Organizations (Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35, 35A, or 36.)
Note. Complete line 1 if any entity is listed in Parts II, III or IV.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest (ii) annuities (iii) royalties (iv) rent from a controlled entity . . . . . . . . . . . . . . . . . . . . . . .
1a
 
No
b Gift, grant, or capital contribution to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1b
Yes
 
c Gift, grant, or capital contribution from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1c
Yes
 
d Loans or loan guarantees to or for other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1d
 
No
e Loans or loan guarantees by other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1e
 
No
f Sale of assets to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1f
 
No
g Purchase of assets from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1g
 
No
h Exchange of assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1h
 
No
i Lease of facilities, equipment, or other assets to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1i
 
No
j Lease of facilities, equipment, or other assets from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . .
1j
 
No
k Performance of services or membership or fundraising solicitations for other organization(s) . . . . . . . . . . . . . . . . . . . . . .
1k
 
No
l Performance of services or membership or fundraising solicitations by other organization(s) . . . . . . . . . . . . . . . . . . . . . .
1l
 
No
m Sharing of facilities, equipment, mailing lists, or other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1m
Yes
 
n Sharing of paid employees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1n
Yes
 
o Reimbursement paid to other organization for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1o
 
No
p Reimbursement paid by other organization for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1p
 
No
q Other transfer of cash or property to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1q
 
No
r Other transfer of cash or property from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1r
 
No
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of other organization 		(b)
Transaction
type(a-r) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1) AMPAS

 C 3,791,151  
(2) ARCHIVAL FOUNDATION

 B 849,698  
(3) HOMEWOOD FOUNDATION

 B 94,840  
(4)
(5)
(6)
Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership (Complete if the organization answered "Yes" on Form 990, Part IV, line 37.)
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Are all
partners
section
501(c)(3)
organizations? 		(e)
Share of
end-of-year
assets 		(f)
Disproprtionate allocations? 		(g)
Code V—UBI
amount in box
20 of Schedule K-1
(Form 1065) 		(h)
General or
managing
partner?
Yes No Yes No Yes No






























Schedule R (Form 990) 2010
Schedule R (Form 990) 2010
Page 5
Part VII
Supplemental Information
Complete this part to provide additional information for responses to questions on Schedule R (see instructions).
Identifier Return Reference Explanation
Additional Data


Software ID:  
Software Version: