2024-08-14T11:31:46-05:00 2023-09-30 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2022-10-01 521358578 The ACC Foundation ACCF 2022934103 1001 G Street NW 300W Washington DC 200014557 Ed Sharrer VP & CFO 2022934103 2024-08-14 1 1 Lori A Collingsworth P00639819 7038930300 2024-08-06 2022 2024-08-08 14:25:15Z Veta T Richardson 1001 G Street NW 300W Washington DC 200014557 835269 0 X www.acc-foundation.com X 1984 DC The ACC Foundation supports the efforts of the Association of Corporate Counsel- See Sch O 9 6 0 10 0 0 627350 679659 119220 111510 0 0 0 -14540 746570 776629 75368 60500 0 0 0 0 0 0 0 627751 870810 703119 931310 43451 -154681 275763 186688 394219 459825 -118456 -273137 X The ACC Foundation, a 501(c)(3) nonprofit organization, supports the Association of Corporate Counsel and serves in-house counsel needs and their organizations by driving diversity, equity, and inclusion and pro bono initiatives by providing research, resources, leadership, and professional development opportunities. 0 0 474521 111510 Leadership & Professional Development: The ACC Foundation conducts seminars, colloquia, meetings and other educational programs which advance the continuing professional education of attorneys employed by organizations in the private sector. 101125 60500 Diversity & Pro Bono: ACC Foundation supports various national diverse bar associations to further promote diversity and inclusion initiatives in the corporate legal profession. The ACC Foundation also looks to engage diverse counsel from corporate legal departments, law firms and legal service providers, by encouraging participation and sponsorship at the educational conferences and annual meetings of diverse legal bars. In addition to this support, we actively seek diverse counsel to participate in our own educational training and presentations, as well as opportunities for subject-matter experts to serve as faculty for ACC and/or ACC Foundation programs. ACC Foundation encourages pro bono activities that lend legal support to the members of local communities. 575646 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 3 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 9 6 0 0 1 0 0 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X Association of Corporate Counsel 2022934103 1001 G Street NW 300W Washington DC 200014557 Veta T Richardson President 1.00 37.50 X X 0 532102 62475 Patricia J Trudeau Former Secretary/ Treasurer 0.00 37.50 X 0 304947 53486 Tori Payne Treasurer 1.00 37.50 X X 0 318114 23395 Jennifer Chen Executive Director 37.50 0.00 X 0 181773 39438 Blake E Garcia Secretary 1.00 37.50 X X 0 174956 28511 Pamela Everhart Director 1.00 0.00 X 0 0 0 Gregory W Fortsch Director 1.00 0.00 X 0 0 0 Linda Lu Director 1.00 0.00 X 0 0 0 Monica Johnson Director 1.00 0.00 X 0 0 0 Anthony Sharett Director 1.00 0.00 X 0 0 0 Effie D Silva Director 1.00 0.00 X 0 0 0 0 1511892 207305 0 1 1 0 0 68095 611564 679659 Event registrations 611710 111510 111510 111510 44100 68095 58640 -14540 -14540 776629 111510 0 -14540 55500 55500 5000 5000 12833 12833 63761 38000 25761 104273 102925 1348 374221 374221 Reimbursed staff time 315722 315722 931310 575646 355664 0 210214 110094 5488 22987 60061 53607 275763 186688 70570 49976 148150 146675 175499 263174 394219 459825 X -118456 -273137 -118456 -273137 275763 186688 -154681 0 X X 0 1 X 1 0 X X X 1 Association of Corporate Counsel 521267965 10 1 60500 0 1 60500 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Schedule A, Part I, Line 12g Column (iii) The supported organization, Association of Corporate Counsel, is a 501(c)(6) organization that has calculated and has passed the public support test under IRC Section 509(a)(2) for the current tax year. (Line 10, Part I). The ACC Foundation supports the supports the 170(c)(2) educational activities of Association of Corporate Counsel. Column (v)- Diversity & pro bono grants made during the fiscal year Schedule A, Part IV, Section A, Line 3b The Foundation and its supported organization, Association of Corporate Counsel (the Association), are included in a consolidated audit report and the same independent accountant prepares the Federal Form(s) 990 for both the Foundation and the Association. As part of the 990 preparation process, the independent accountant prepares a public support test each year for the Association to ensure the supported 501(c)(6) Association passes the public support test under IRC Section 509(a)(2). Schedule A, Part IV, Section A, Line 3c The ACC Foundation, a 501(c)(3) nonprofit organization, supports the Association of Corporate Counsel and serves in-house counsel needs and their organizations by driving diversity, equity, and inclusion and pro bono initiatives by providing research, resources, leadership, and professional development opportunities. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 Due to ACC 263174 263174 X Part X, Line 2: Management has evaluated the Organization's tax positions and has concluded that the Organization has taken no uncertain tax positions that require adjustment to or disclosure in the accompanying consolidated financial statements. Golf Tournament 112195 68095 44100 5970 52670 112195 68095 44100 5970 52670 58640 -14540 1 ACC Louisiana Chapter 2858 Highway 1 Raceland LA 70394 521553287 501(c)(6) 10000 0 N/A N/A Diversity & pro bono programs ACC National Capital Region Chapter 3682 King Street PO Box 3538 Alexandria VA 22302 521998248 501(c)(6) 6000 0 N/A N/A Diversity & pro bono programs 0 2 Part I, Line 2: The Foundation collects invoices from partner organizations for all contributions that track the sponsorship amount and benefits received for the funds. 0 1 0 0 0 0 0 0 0 Veta T Richardson President 0 409960 0 122142 0 0 0 45300 0 17175 0 594577 0 0 Patricia J Trudeau Former Secretary/ Treasurer 0 242421 0 62076 0 450 0 18300 0 35186 0 358433 0 0 Tori Payne Treasurer 0 259314 0 58350 0 450 0 10450 0 12945 0 341509 0 0 Jennifer Chen Executive Director 0 160563 0 20760 0 450 0 18098 0 21340 0 221211 0 0 Blake E Garcia Secretary 0 159455 0 15231 0 270 0 18416 0 10095 0 203467 0 0 Part I, Line 4b Association of Corporate Counsel established a 457(f) non-qualified deferred compensation plan for the benefit of selected executive employees of the Association. Part I, Line 3: The Foundation does not have any compensated employees, directors, or officers. Related Organization- Association of Corporate Counsel's methods for establishing compensation of the top management officials include: Compensation committee Independent compensation consultant Written employment contract Compensation survey or study Approval by the board or compensation committee Form 990, Part I, Line 1, Organization Mission: The ACC Foundation, a 501(c)(3) nonprofit organization, supports the Association of Corporate Counsel and serves in-house counsel needs and their organizations by driving diversity, equity, and inclusion and pro bono initiatives by providing research, resources, leadership, and professional development opportunities. The ACC Foundation partners with corporations, law firms, legal service providers and bar associations to assist in the furtherance of these goals. Form 990, Part VI, Section A, line 4 Among changes to the ACC Foundation's by-laws, main ones include: changing the duration of the Foundation board directors' term to three years for directors who are not ACC employees, with exceptions; setting a condition to eligibility to the position of board officer; introducing a nomination condition to ACC employees' eligibility to the position of Foundation board director, and setting the term duration at one year for such directors (except for the ACC Foundation President who serves as an ex-officio director); setting a limit to the duration of consecutive service of Foundation board directors, with exceptions; requiring resignation of directors who miss three consecutive meetings; reflecting the ACC Foundation's current name; reflecting that the Foundation has a President, not a Chairman; specifying options for the ACC Board to determine term requirements for directors elected to fill vacancies. Changes were voted on by the Foundation's board at various times between September 2022 and January 2023, and by the ACC Board in March 2023. Form 990, Part VI, Section A, line 7a Per the ACC Foundation's by-laws, ACC Foundation board members are elected by the Board of Directors of the Association of Corporate Counsel (the ACC Board). Form 990, Part VI, Section A, line 7b The ACC Board has authority to remove ACC Foundation Directors. Amendments, repeals, or alterations of the ACC Foundation's by-laws or of its articles of incorporation are not effective until approved by a majority of the voting members of the ACC Board. The ACC Board also has authority to make certain determinations regarding the term of ACC Foundation board members elected to fill a vacancy. In addition, per ACC Foundation governance policies, the ACC Board has authority to make various decisions, such as the authority to impose sanctions on ACC Foundation directors in the event of violations of ACC Foundation's governance policies. Form 990, Part VI, Section B, line 11b A copy of the 990 is made available to the Board before filing. Form 990, Part VI, Section B, line 12c The conflict of interest policy, adopted by the Board on September 19, 2022, is annually monitored and enforced with all members of the Board of Directors. Form 990, Part VI, Section B, line 15 The Foundation has no employees. Form 990, Part VI, Section C, line 19 The Foundation's Form 990, governing documents, and financial statements are available to the public upon request. Form 990, Part XII, Line 2c: The Association of Corporate Counsel's Finance and Audit Committee is responsible for the oversight of the audit, including the selection of the independent accountant. The process is consistent with previous years. Association of Corporate Counsel 1001 G Street NW Suite 300W Washington DC 200014557 521267965 See Part VII DC 501(c)(6) 0 Association of Corporate Counsel Asia Pacific Ltd PO Box 422 Collins Street West Melbourne Victoria AS 8007 Promotion and improvement of the common business interests of lawyers. AS N/A C 0 Association of Corporate Counsel East Asia Ltd 4/F VC HSE 4-6 ON LAN Street Central HK Promotion and improvement of the common business interests of lawyers. HK N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 Association of Corporate Counsel O 315722 Cost Association of Corporate Counsel P 5000 Cost Schedule R, Part II. Column (b)- Primary Activity Promote the common professional and business interest of in-house counsel