2024-05-24T11:50:30-05:00 2023-08-31 410746749 CLIFTONLARSONALLEN LLP 2021 SPRING ROAD SUITE 200 OAK BROOK IL 60523 990 2022-09-01 366080766 MILLION DOLLAR ROUND TABLE FOUNDATION MILL 8476926378 325 W TOUHY AVENUE PARK RIDGE IL 60068 ADRIAN BAKER PRESIDENT 8476926378 2024-05-23 1 ADRIAN BAKER 999009999 1 MELISSA E STRUCK P01310867 6305738600 2024-05-08 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHELE L STAUFF 325 W TOUHY AVENUE PARK RIDGE IL 60068 13314607 0 X WWW.MDRTFOUNDATION.ORG X 1959 IL THE MDRT FOUNDATION IS THE CHARITABLE ARM OF MILLION DOLLAR ROUND TABLE (MDRT), A GLOBAL ASSOCIATION OF FINANCIAL SERVICES PROFESSIONALS. THE MISSION OF THE MDRT FOUNDATION IS TO INCREASE MEMBER AND INDUSTRY PARTICIPATION AND TO GIVE FUNDS TO WORTHWHILE CHARITABLE ORGANIZATIONS THROUGHOUT THE WORLD. 19 19 0 440 0 0 1864262 1691704 0 0 1594876 283578 15418 9336 3474556 1984618 1708671 1789828 0 0 0 0 0 0 130952 476389 502465 2185060 2292293 1289496 -307675 32121511 33715111 111397 184371 32010114 33530740 THE MDRT FOUNDATION GIVES TO CHARITABLE ORGANIZATIONS WORLDWIDE, DEMONSTRATING THE GENEROSITY, SERVICE AND IMPACT OF MDRT MEMBERS. 0 0 1826857 1789828 THE MDRT FOUNDATION PROVIDES GRANT FUNDING TO A DIVERSE RANGE OF CHARITABLE PROGRAMS WORLDWIDE. GRANT AWARDS ARE DETERMINED BY A GRANT APPLICATION PROCESS, FOUNDATION POLICY, OR BY THE BOARD OF TRUSTEES. ALL GRANT RECIPIENTS MUST MEET ELIGIBILITY REQUIREMENTS, INCLUDING OPERATING AS A NOT-FOR-PROFIT FOR CHARITABLE PURPOSES. 1826857 1 1 0 0 0 0 0 0 0 1 1 1 0 1 0 1 1 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 1 0 0 0 1 0 1 1 0 1 1 1 1 1 1 1 1 0 0 0 IL X MICHELE STAUFF 8479934908 325 W TOUHY AVE PARK RIDGE IL 60068 MOHAMAD MANMOHAN ABDULLAH CHFC CLU TRUSTEE 0.50 X 0 0 0 MICHAEL P AUSTIN CFP CHFC TRUSTEE 0.50 X 0 0 0 ADRIAN P BAKER DIPPFS PRESIDENT 1.00 X X 0 0 0 JOHN R BENTON JR CHFC CLTC TRUSTEE 0.50 X 0 0 0 DAVID C BLAKE TREASURER 1.00 X X 0 0 0 TIMOTHY DANIEL CLAIRMONT CFP MSFS TRUSTEE 0.50 X 0 0 0 ALESSANDRO M FORTE FCII FPFS SECRETARY 1.00 X X 0 0 0 SIMON JOHN GIBSON DIPPFS TRUSTEE 0.50 X 0 0 0 JULIANNE HERTEL CLU CLTC TRUSTEE 0.50 X 0 0 0 HEATHER LINDSLEY LUTCF RICP TRUSTEE 0.50 X 0 0 0 ANDREW C LORD CLU CHFC VICE PRESIDENT 1.00 X X 0 0 0 MILIANA MARTEN CFP AEPP TRUSTEE 0.50 X 0 0 0 THOMAS R MCCOY CLTC TRUSTEE 0.50 X 0 0 0 RANDY L SCRITCHFIELD CFP LUTCF EXECUTIVE COMMITTEE LIAISON 0.25 X 0 0 0 ALEEN M SWOFFORD CLU CHFC TRUSTEE 0.50 X 0 0 0 AURORA L TANCOCK FLMI CFP TRUSTEE 0.50 X 0 0 0 ROSS VANDERWOLF CFP TRUSTEE 0.50 X 0 0 0 BRIAN P WALSH CLU CHFC IMMEDIATE PAST PRESIDENT 1.00 X X 0 0 0 CHENG HUANN YEOH CHFC CLU TRUSTEE 0.50 X 0 0 0 MICHELE STAUFF EXECUTIVE DIRECTOR 40.00 X 0 169118 21781 KAREN MATTS GLOBAL DEVELOPMENT MANAGER 40.00 X 0 105937 18621 0 275055 40402 0 0 1 0 0 314530 1377174 1691704 746514 746514 10867053 11329989 -462936 -462936 -462936 OTHER REVENUE 900099 9336 9336 9336 1984618 0 0 292914 1362970 1362970 426858 426858 100000 20000 20000 60000 104697 104697 26708 26708 4583 4583 32988 12064 20924 25219 25219 135173 105798 29375 2389 2389 BANKING AND CREDIT CARD 18467 18467 GRANT AND SERVICE PROJE 17029 17029 DONOR DEVELOPMENT AND R 13681 13681 21531 21531 2292293 1826857 334484 130952 990409 284363 1224678 1982602 43373 38826 228333 190727 0 37606 21269127 23139484 4413264 3805805 4180660 4426425 32121511 33715111 111397 184371 111397 184371 X 31910114 33480740 100000 50000 32010114 33530740 32121511 33715111 X -307675 1508902 319399 X X 0 1 X 1 0 X 1503855 1583480 1868542 1864262 1691704 8511843 1503855 1583480 1868542 1864262 1691704 8511843 1784884 6726959 755503 857940 528520 739286 746514 3627763 38691 9108 15418 9336 72553 12212159 0.55080 0.55650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 26085430 65797 1687783 655635 27183375 31135251 130345 -4540443 639723 26085430 26655454 58923 5012916 592042 31135251 24874648 460340 1887471 567005 26655454 24940236 200000 278908 544496 24874648 1.00000 0 0 228333 190727 37606 37606 HEDGE FUNDS 3805805 F 3805805 CASH SURRENDER VALUE - LIFE INSURANCE 4426425 4426425 X 4996692 1508902 1288470 319399 3116771 1879921 104697 104697 1984618 3476066 1288470 1288470 2187596 104697 104697 2292293 PART V, LINE 4: TO GENERATE INCOME TO BE USED AS A BASIS FOR ISSUING GRANTS TO OTHER QUALIFIED ORGANIZATIONS. PART X, LINE 2: THE FOUNDATION IS A TAX-EXEMPT ORGANIZATION AS DEFINED BY SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A). CONTRIBUTIONS TO THE FOUNDATION QUALIFY FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A). THE FOUNDATION FOLLOWS THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THE FOUNDATION HAS DETERMINED THAT IT IS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF AUGUST 31, 2023 OR 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: INCREASE IN CASH SURRENDER VALUE OF LIFE INSURANCE 319,399. 1 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 GRANT MAKING CHARITABLE GRANTS 3000 EAST ASIA AND THE PACIFIC - 0 0 GRANT MAKING CHARITABLE GRANTS 164899 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 GRANT MAKING CHARITABLE GRANTS 102962 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 GRANT MAKING CHARITABLE GRANTS 4000 NORTH AMERICA - CANADA AND MEXICO, 0 0 GRANT MAKING CHARITABLE GRANTS 97997 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 GRANT MAKING CHARITABLE GRANTS 17000 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 GRANT MAKING CHARITABLE GRANTS 37000 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS IN HEDGE FUNDS INVESTMENTS IN HEDGE FUNDS 2660404 0 0 0 0 0 0 3087262 0 3087262 EAST ASIA AND THE PACIFIC SOCIAL SERVICES 25000 CASH PAYMENT 0 NORTH AMERICA SOCIAL SERVICES 15000 CASH PAYMENT 0 EAST ASIA AND THE PACIFIC SOCIAL SERVICES 15000 CASH PAYMENT 0 SUB-SAHARAN AFRICA SOCIAL SERVICES 15000 CASH PAYMENT 0 EUROPE (INCLUDING ICELAND & GREENLAND) SOCIAL SERVICES 10000 CASH PAYMENT 0 EUROPE (INCLUDING ICELAND & GREENLAND) SOCIAL SERVICES 10000 CASH PAYMENT 0 NORTH AMERICA SOCIAL SERVICES 10000 CASH PAYMENT 0 EAST ASIA AND THE PACIFIC SOCIAL SERVICES 10000 CASH PAYMENT 0 EUROPE (INCLUDING ICELAND & GREENLAND) SOCIAL SERVICES 10000 CASH PAYMENT 0 EAST ASIA AND THE PACIFIC SOCIAL SERVICES 10000 CASH PAYMENT 0 EUROPE (INCLUDING ICELAND & GREENLAND) SOCIAL SERVICES 10000 CASH PAYMENT 0 EAST ASIA AND THE PACIFIC SOCIAL SERVICES 10000 CASH PAYMENT 0 NORTH AMERICA SOCIAL SERVICES 8000 CASH PAYMENT 0 13 0 0 1 0 0 0 PART I, LINE 2: THE FOUNDATION REQUIRES POTENTIAL GRANTEES TO PROVIDE FINANCIAL STATEMENTS, BUDGETS, AND DOCUMENTATION THAT THEY ARE OPERATING FOR CHARITABLE PURPOSES. UPON RECEIVING A GRANT, ORGANIZATIONS ARE REQUESTED TO PROVIDE A REPORT AS TO HOW GRANT FUNDS WERE USED RELATIVE TO THE PROJECT FOR WHICH FUNDING WAS AWARDED. PART III ACCOUNTING METHOD: 1 ALEX'S TEAM FOUNDATION 63 ATLANTIC AVE STE 3 BOSTON MA 021103752 020597775 501(C)(3) 10000 0 SOCIAL SERVICE ALL HANDS AND HEARTS 82 COUNTY RD PMB 79 MATTAPOISETT MA 02739 203414952 501(C)(3) 159677 0 SOCIAL SERVICE AMERICAN KENNEL CLUB CANINE HEALTHFOUNDATION INC (AKC) 8051 ARCO CORPORATE DRIVE SUITE 300 RALEIGH NC 27617 133813813 501(C)(3) 10000 0 SOCIAL SERVICE ASOCIACION EMERGENCIAAYACUCHO INC 7300 N KENDALL DR STE 640 MIAMI FL 331567840 650920961 501(C)(3) 10000 0 SOCIAL SERVICE BIG SHOULDERS FUND 212 WEST VAN BUREN SUITE 900 CHICAGO IL 60607 363490557 501(C)(3) 10000 0 SOCIAL SERVICE BRADY'S SMILE PO BOX 320921 FAIRFIELD CT 068250921 262485472 501(C)(3) 10000 0 SOCIAL SERVICE CASEY CARES FOUNDATION INC 7100 COLUMBIA GATEWAY DR STE 155 COLUMBIA MD 210462959 522259802 501(C)(3) 10000 0 SOCIAL SERVICE CURES WITHIN REACH 134 N LA SALLE ST 1130 CHICAGO IL 60602 203620169 501(C)(3) 10000 0 SOCIAL SERVICE DAYS FOR GIRLS PO BOX 2622 MOUNT VERNON WA 982737622 453934671 501(C)(3) 60417 0 SOCIAL SERVICE DIRECTIONS FOR YOUTH & FAMILIES 1515 INDIANOLA AVE COLUMBUS OH 432012118 314407642 501(C)(3) 7500 0 SOCIAL SERVICE ENCOMPASS EARLY EDUCATION AND CARE PO BOX 1627 GREEN BAY WI 543051627 390824004 501(C)(3) 50000 0 SOCIAL SERVICE EVERYCHILD INC 8400 N MOPAC EXPY STE 201 AUSTIN TX 787598323 742995059 501(C)(3) 10000 0 SOCIAL SERVICE THE EXODUS ROAD INC PO BOX 64063 COLORADO SPRINGS CO 80962 461384815 501(C)(3) 25000 0 SOCIAL SERVICE GLOBAL DENTAL RELIEF 2090 S GRANT ST DENVER CO 802104024 841569747 501(C)(3) 10000 0 SOCIAL SERVICE HEADSTRONG FOUNDATION 1330 MACDADE BLVD UNIT 2 HOLMES PA 190941501 260283021 501(C)(3) 10000 0 SOCIAL SERVICE HIGH SIERRA ANIMAL RESCUE INC 103 MEADOWRIDGE LANE PORTOLA CA 961220000 680429722 501(C)(3) 10000 0 SOCIAL SERVICE HOMES FOR VETERANS PO BOX 232 LYNN STREET HARRINGTON PK NJ 07640 452149057 501(C)(3) 10000 0 SOCIAL SERVICE IDEAL CANDIDATE NFP 201 MAIN ST PARK FOREST IL 604662097 475044507 501(C)(3) 10000 0 SOCIAL SERVICE KNICKERS FOR NEW LIFE PO BOX 6449 ASHEVILLE NC 28816 561133231 501(C)(3) 6000 0 SOCIAL SERVICE LIFE HAPPENS 3202 ROSEMONT DR CHATTANOOGA TN 374114218 612061204 501(C)(3) 25000 0 SOCIAL SERVICE LOVE WITHOUT BOUNDARIES FOUNDATION 7901 4TH ST N STE 8144 SAINT PETERSBURG FL 33702 061710161 501(C)(3) 10000 0 SOCIAL SERVICE NATIONAL BRAILLE PRESS 88 SAINT STEPHEN STREET BOSTON MA 02115 042104740 501(C)(3) 10000 0 SOCIAL SERVICE NIKOLAS RITSCHEL FOUNDATION 1915 STRATFORD LN ROCKFORD IL 611071369 460679386 501(C)(3) 10000 0 SOCIAL SERVICE OREGON STATE UNIVERSITY FOUNDATION 4238 SW RESEARCH WAY CORVALLIS OR 973331068 936022772 501(C)(3) 55000 0 SOCIAL SERVICE PAT TILLMAN FOUNDATION 180 E LASALLE SUITE 2910 CHICAGO IL 60601 201072336 501(C)(3) 10000 0 SOCIAL SERVICE PITTSBURGH GREEN INNOVATORS INC DBA LAPLANTE FOUNDATION 1435 BEDFORD AVENUE SUITE 140 PITTSBURGH PA 152193675 270219836 501(C)(3) 10000 0 SOCIAL SERVICE SECOND HARVEST FOOD BANK OF EAST TENNESSEE 136 HARVEST LANE MARYVILLE TN 37801 581450139 501(C)(3) 10000 0 SOCIAL SERVICE SHADOW BUDDIES FOUNDATION 14700 W 107TH ST SUITE 100 LENEXA KS 662154024 481190112 501(C)(3) 10000 0 SOCIAL SERVICE SMOKY MOUNTAIN SERVICE DOGS 110 TOOWEKA CIRCLE LOUDON TN 37774 273365083 501(C)(3) 10000 0 SOCIAL SERVICE SOARING SPIRITS INTERNATIONAL 2828 COCHRAN ST 194 SIMI VALLEY CA 930652780 383787893 501(C)(3) 25000 0 SOCIAL SERVICE SOLES4SOULS 319 MARTINGALE DRIVE OLD HICKORY TN 37138 204023482 501(C)(3) 10000 0 SOCIAL SERVICE SPARROW FOUNDATION 1215 E MICHIGAN AVE LANSING MI 489121811 386100687 501(C)(3) 5626 0 SOCIAL SERVICE STEVEN M GOOTTER FOUNDATION PO BOX 64583 TUCSON AZ 857284583 203798976 501(C)(3) 10000 0 SOCIAL SERVICE SURGE FOR WATER 1658 MILWAUKEE AVE 100-14070 CHICAGO IL 606476905 462762697 501(C)(3) 10000 0 SOCIAL SERVICE THE HIGHGROUND VETERANS MEMORIAL PARK W7031 W RIDGE RD NEILLSVILLE WI 54456 922780547 501(C)(3) 10000 0 SOCIAL SERVICE THE LEIGH LECKERMAN FOUNDATION 230 ANVIL LN FEASTERVILLE PA 190537835 833474381 501(C)(3) 10000 0 SOCIAL SERVICE UNIVERSITY OF TENNESSEE FOUNDATIONINC (CAIT) 1525 UNIVERSITY AVENUE KNOXVILLE TN 37921 621844686 501(C)(3) 10000 0 SOCIAL SERVICE WAPAKONETA FAMILY YMCA 1100 DEFIANCE ST WAPAKONETA OH 458951022 311568315 501(C)(3) 10000 0 SOCIAL SERVICE WORLD CATARACT FOUNDATION 521 ERIN DR 772897 MEMPHIS TN 381174249 581463010 501(C)(3) 10000 0 SOCIAL SERVICE WORLDWIDE EDUCATION FUND OF THEDALLAS FOUNDATION 3000 PEGASUS PARK DR 930 DALLAS TX 75247 752890371 501(C)(3) 50000 0 SOCIAL SERVICE YOUTH HOMES INC 1200 CONCORD AVE STE 450 CONCORD CA 945204959 946132571 501(C)(3) 15000 0 SOCIAL SERVICE 41 PART I, LINE 2: THE FOUNDATION REQUIRES POTENTIAL GRANTEES BASED IN THE UNITED STATES TO PROVIDE FINANCIAL STATEMENTS, BUDGETS, AND IRS DOCUMENTATION OF 501(C)(3) STATUS. UPON RECEIVING A GRANT, ORGANIZATIONS ARE REQUESTED TO PROVIDE A REPORT AS TO HOW GRANT FUNDS WERE USED RELATIVE TO THE PROJECT FOR WHICH FUNDING WAS AWARDED. 1 0 0 0 0 0 0 0 0 0 MICHELE STAUFF EXECUTIVE DIRECTOR 0 164118 0 5000 0 0 0 5081 0 16700 0 190899 0 0 PART I, LINE 3 THE EXECUTIVE DIRECTOR'S COMPENSATION IS PAID FOR AND DETERMINED BY A RELATED ORGANIZATION. COMPENSATION IS EVALUATED BY THE RELATED ORGANIZATION ON AN ANNUAL BASIS USING COMPENSATION STUDIES. ADDITIONALLY JOB DESCRIPTIONS AND SALARIES ARE REVIEWED BY AN EXTERNAL THIRD PARTY TO ASSESS WHETHER COMPENSATION IS COMPARABLE TO LIKE POSITIONS IN SIMILAR ORGANIZATIONS. THIS PROCESS IS PERFORMED AND DOCUMENTED APPROXIMATELY ONCE OVER TWO TO THREE YEARS. FORM 990, PART VI, SECTION A, LINE 3 DAY TO DAY MANAGEMENT OF THE FOUNDATION HAS BEEN DELEGATED TO THE MILLION DOLLAR ROUND TABLE UNDER A MANAGEMENT AGREEMENT. UNDER THE AGREEMENT, THE MILLION DOLLAR ROUND TABLE PROVIDES MANAGEMENT AND ACCOUNTING SERVICES AND FACILITIES FOR AN ANNUAL FEE OF $100,000. OTHER DIRECT EXPENSES ARE PROCESSED THROUGH THE MILLION DOLLAR ROUND TABLE'S ACCOUNTS PAYABLE SYSTEMS AND ARE REIMBURSED BY THE FOUNDATION MONTHLY. FORM 990, PART VI, SECTION A, LINE 7A ONE MEMBER OF THE BOARD OF TRUSTEES IS ELECTED EACH YEAR BY THE NOMINATING COMMITTEE OF THE MILLION DOLLAR ROUND TABLE. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE RETURN IS PROVIDED TO THE GOVERNING BODY VIA EMAIL FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION AT ITS FIRST BOARD MEETING EACH YEAR CONDUCTS AN ORIENTATION FOR NEW AND CONTINUING TRUSTEES. AT THIS MEETING, POLICIES AND PROCEDURES, INCLUDING THE CONFLICT OF INTEREST POLICY, ARE DISTRIBUTED AND DISCUSSED. TRUSTEES ARE REQUIRED AT THIS MEETING TO COMPLETE AND SIGN A DISCLOSURE STATEMENT WITH REGARD TO POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES AVAILABLE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: INCREASE IN CASH SURRENDER VALUE OF LIFE INSURANCE 319,399. FORM 990, PART XII, LINE 2C THE FOUNDATION'S BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. MILLION DOLLAR ROUND TABLE 325 W TOUHY AVE PARK RIDGE IL 60068 362138427 MEMBERSHIP ORGANIZATION FOR INSURANCE AND FINANCIAL SERVICES PROFESSIONALS IL 501(C)(6) N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 MILLION DOLLAR ROUND TABLE M 100000 CASH PAID MILLION DOLLAR ROUND TABLE C 314530 CASH RECEIVED MILLION DOLLAR ROUND TABLE O 1153635 FAIR VALUE OF SERVICES RECEIVED MILLION DOLLAR ROUND TABLE N 94732 FAIR VALUE RECEIVED