TIN:
SCHEDULE O
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
(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 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2018
Open to Public
Inspection
Inspection
Name of the organization
RAND RETIREE MEDICAL BENEFITS TRUST
Employer identification number
95-4496399
95-4496399
| Return Reference | Explanation |
|---|---|
| GOVERNING BODY AND MANAGEMENT | FORM 990, PART VI, QUESTIONS 8A & 8B THE TRUST WAS ESTABLISHED TO HOLD THE ASSETS TO FUND THE POST-RETIREMENT BENEFITS PAYABLE UNDER THE RAND CORPORATION RETIREE GROUP MEDICAL BENEFITS PLAN AS WELL AS SUCH OTHER EMPLOYEE WELFARE BENEFITS AS THE COMPANY SHALL DETERMINE. THE RAND CORPORATION ("RAND") IS THE INSTITUTIONAL TRUSTEE AND ADMINISTRATOR OF THE TRUST. THE TRUST DOES NOT HAVE EMPLOYEES OR GOVERNING POLICIES OR A BOARD. THE RAND CORPORATION HAS SUCH POLICIES AND DOCUMENTS SUCH MEETINGS WITH ITS GOVERNING BOARD. |
| DESCRIBE THE PROCESS USED BY MANAGEMENT | FORM 990, PART VI, QUESTION 11B THE INSTITUTIONAL TRUSTEE, THE RAND CORPORATION, SUMMARIZES THE INFORMATION TO BE INCLUDED ON THE FORM 990 AND PROVIDES THE SUPPORT TO A THIRD-PARTY TAX FIRM SO THAT A DRAFT RETURN CAN BE COMPLETED. THIS FIRM PROVIDES TAX GUIDANCE THROUGHOUT THE YEAR IN ADDITION TO PROVIDING GUIDANCE ON RETURN PREPARATION. ONCE THE DRAFT FORM 990 IS COMPILED, IT IS REVIEWED BY VARIOUS LEVELS OF MANAGEMENT WITHIN RAND. ONCE FINALIZED, RAND'S VICE PRESIDENT AND CHIEF FINANCIAL OFFICER REVIEWS THE FORM 990, SIGNS IT AND IT IS SUBMITTED TO THE IRS. |
| GOVERNING POLICIES | FORM 990, PART VI, QUESTIONS 12, 13, & 14 THE TRUST WAS ESTABLISHED TO HOLD THE ASSETS TO FUND THE POST-RETIREMENT BENEFITS PAYABLE UNDER THE RAND CORPORATION RETIREE GROUP MEDICAL BENEFITS PLAN AS WELL AS SUCH OTHER EMPLOYEE WELFARE BENEFITS AS THE COMPANY SHALL DETERMINE. THE RAND CORPORATION IS THE INSTITUTIONAL TRUSTEE AND ADMINISTRATOR OF THE TRUST. THE TRUST DOES NOT HAVE EMPLOYEES AND PAYS NO WAGES SO HAVING GOVERNING POLICIES, LIKE A CONFLICT OF INTEREST, WHISTLEBLOWER POLICY, OR DOCUMENT RETENTION/DESTRUCTION POLICY, IS NOT CONSIDERED TO BE APPLICABLE TO THIS ENTITY. |
| OFFICES & POSITIONS FOR WHICH PROCESS WAS USED & YEAR PROCESS WAS BEGUN | FORM 990, PART VI, QUESTIONS 15A & 15B THE TRUST WAS ESTABLISHED TO HOLD THE ASSETS TO FUND THE POST-RETIREMENT BENEFITS PAYABLE UNDER THE RAND CORPORATION RETIREE GROUP MEDICAL BENEFITS PLAN AS WELL AS SUCH OTHER EMPLOYEE WELFARE BENEFITS AS THE COMPANY SHALL DETERMINE. THE RAND CORPORATION IS THE INSTITUTIONAL TRUSTEE AND ADMINISTRATOR OF THE TRUST. THE TRUST DOES NOT HAVE EMPLOYEES AND PAYS NO WAGES. THESE QUESTIONS ARE NOT CONSIDERED TO BE APPLICABLE TO THE TRUST. |
| AVAIL OF GOV DOCS, CONFLICTS OF INTEREST POLICY, & FIN STMTS TO GEN PUBLIC | FORM 990, PART VI, QUESTION 19 AS REQUIRED UNDER ERISA, THE ANNUAL REPORT (5500) IS FILED WITH THE DEPARTMENT OF LABOR. MOREOVER, A RIGHT TO ADDITIONAL INFORMATION NOTICE IS CONVEYED TO PARTICIPANTS WHICH PROVIDES THE CONTACT INFORMATION TO OBTAIN AN ANNUAL REPORT FOR THE PLAN. THIS ANNUAL REPORT INCLUDES THE FINANCIAL STATEMENTS AND ANY CHANGES TO GOVERNING DOCUMENTS. A PUBLIC COPY IS AVAILABLE AT THE RAND CORPORATION AND HOW TO OBTAIN A COPY IS DISCLOSED ON THE SUMMARY ANNUAL REPORT, WHICH IS SENT TO PARTICIPANTS, AND ON RAND'S INTRANET SITE. |
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2018
Additional Data
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