2024-05-09T13:01:03-05:00 2023-08-31 410746749 CLIFTONLARSONALLEN LLP 20 EAST THOMAS ROAD SUITE 2300 PHOENIX AZ 85012 990 2022-09-01 860409636 MAKE-A-WISH FOUNDATION OF ARIZONA INC MAKE 6023959474 2901 NORTH 78TH STREET SCOTTSDALE AZ 852516547 FRAN MALLACE PRESIDENT & CEO 6023959474 2024-05-08 1 FRAN MALLACE XXX-XX-XXXX 1 MELISSA HANGSLEBEN P02087031 6022662248 2024-05-08 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z FRAN MALLACE 2901 NORTH 78TH STREET SCOTTSDALE AZ 852516547 12027192 0 X WISH.ORG/ARIZONA X 1980 AZ TOGETHER, WE CREATE LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. 34 34 45 475 0 0 9619945 10071225 5450 11100 146612 175792 -24045 5814 9747962 10263931 2936911 4121492 0 0 3571460 4038354 9739 0 1727755 1503837 2008465 8021947 10168311 1726015 95620 13645356 14047530 1079538 1221785 12565818 12825745 X THE MAKE-A-WISH FOUNDATION OF ARIZONA CREATES LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. 0 0 6883341 4121492 11100 SEE SCHEDULE O 6883341 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 32 0 1 45 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 X 34 34 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X DAVID RABER 6023959474 2901 NORTH 78TH STREET SCOTTSDALE AZ 852516547 SHANE POWER CHAIR 1.00 X X 0 0 0 KYLE POTTINGER VICE-CHAIR 1.00 X X 0 0 0 NANCY ZEZZA TREASURER 1.00 X X 0 0 0 SANDRA WATSON SECRETARY 1.00 X X 0 0 0 ANDREA TAZIOLI IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 WADE ACCOMAZZO DIRECTOR 1.00 X 0 0 0 AUDREY ALFANO DIRECTOR 1.00 X 0 0 0 RHONDA ANDERSON DIRECTOR 1.00 X 0 0 0 OLIVER BADGIO DIRECTOR 1.00 X 0 0 0 CARISA BIANCHI DIRECTOR 1.00 X 0 0 0 PAMELA CRIM DIRECTOR 1.00 X 0 0 0 ROSS CROWDER DIRECTOR 1.00 X 0 0 0 RYAN DELANEY DIRECTOR 1.00 X 0 0 0 MATTHEW EDDLEMAN DIRECTOR 1.00 X 0 0 0 JOHN FISHER DIRECTOR 1.00 X 0 0 0 BRUCE GUEST DIRECTOR 1.00 X 0 0 0 DOUG HALBERT DIRECTOR 1.00 X 0 0 0 KRISTINE HEDLUND DIRECTOR 1.00 X 0 0 0 AMANDA HOUGHTON DIRECTOR 1.00 X 0 0 0 BIPIN JAYARAJ DIRECTOR 1.00 X 0 0 0 JEREME KLEVEN DIRECTOR 1.00 X 0 0 0 JILL KRIGSTEN DIRECTOR 1.00 X 0 0 0 IAN LOPATIN DIRECTOR 1.00 X 0 0 0 BRANDON LUNA DIRECTOR 1.00 X 0 0 0 JIM MULLIN DIRECTOR 1.00 X 0 0 0 JAY PETKUNAS DIRECTOR 1.00 X 0 0 0 JASON PRITCHETT DIRECTOR 1.00 X 0 0 0 DAVID ROMANELLI DIRECTOR 1.00 X 0 0 0 NATALIE SCHWIMER DIRECTOR 1.00 X 0 0 0 RUDY SLEIMAN DIRECTOR 1.00 X 0 0 0 ADAM STINE DIRECTOR 1.00 X 0 0 0 JEFF WRIGHT DIRECTOR 1.00 X 0 0 0 MIKE YOUNG DIRECTOR 1.00 X 0 0 0 LEE ROSENTHAL DIRECTOR 1.00 X 0 0 0 FRAN MALLACE PRESIDENT & CEO 45.00 X 273378 0 24044 DAVID RABER CHIEF ADMINISTRATIVE OFFICER 45.00 X 197388 0 24872 KARNY STEFAN CHIEF DEVELOPOMENT OFFICER 45.00 X 208978 0 19492 HOLLIE COSTELLO VICE PRESIDENT OF PR & MARKETING 45.00 X 138121 0 17283 JENNIFER GONZALES VICE PRESIDENT OF MISSION DELIVERY 45.00 X 132656 0 16590 BRIDGET DOHERTY DIRECTOR OF PHILANTROPY 45.00 X 107451 0 13484 ELIZABETH REICH FORMER PRESIDENT (THRU 3/2022) 45.00 X 153859 0 9082 1211831 0 124847 7 1 1 0 0 43270 1693289 8334666 1732813 10071225 WISH ASSIST FEE 900099 11100 11100 11100 177071 177071 948346 450 950075 0 -1729 450 -1279 -1279 767905 1693289 813186 -45281 -45281 44400 0 44400 44400 OTHER INCOME 900099 6695 6695 6695 10263931 11100 0 181606 4121492 4121492 583424 285819 145946 151659 2840044 1391675 709929 738440 128295 62476 32669 33150 249891 122433 62493 64965 236700 115983 59175 61542 2000 2000 6465 6465 98035 98035 24990 24990 173333 16724 91772 64837 39415 39415 244247 75363 65166 103718 33315 14307 8262 10746 100470 48347 26468 25655 62991 8161 39470 15360 89729 8479 31240 50010 496 243 124 129 173540 85035 43385 45120 CHAPTER DUES 752578 526804 105361 120413 BAD DEBT EXPENSE 175850 175850 MERCHANT FEES 22021 22021 MEMBERSHIP DUES 8990 4265 4725 10168311 6883341 1557215 1727755 101501 5174467 4491455 66497 1675689 1173943 904 73628 94508 265793 317121 3971157 1591772 2446347 2379385 3971597 4185114 619346 655591 13645356 14047530 957275 987269 400 121863 234516 1079538 1221785 X 9965275 10174442 2600543 2651303 12565818 12825745 13645356 14047530 X 95620 93299 31326 39682 X 0 1 X 1 0 X 7879971 7091063 7636358 9619945 10088525 42315862 7879971 7091063 7636358 9619945 10088525 42315862 3650622 38665240 58100 33672 44399 144040 177071 457282 444197 105720 404057 455608 801700 2211282 44984426 25700 0.85950 0.85760 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS FUNDRAISING EVENT REVENUE - 2018 AMOUNT: $ 437,657. 2019 AMOUNT: $ 105,720. 2020 AMOUNT: $ 367,957. 2021 AMOUNT: $ 435,249. 2022 AMOUNT: $ 750,605. GROSS GAMING REVENUE - 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 36,100. 2021 AMOUNT: $ 20,300. 2022 AMOUNT: $ 44,400. OTHER INCOME - 2018 AMOUNT: $ 6,540. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 59. 2022 AMOUNT: $ 6,695. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 459200 459200 3089788 1215676 1874112 422169 376096 46073 2379385 DUE TO NATIONAL 17248 DUE TO OTHER CHAPTERS 196363 LEASE LIABILITY - OPERATING 14121 LEASE LIABILITY - FINANCING 6784 234516 X 11291048 93299 873845 39682 1006826 10284222 24990 -45281 -20291 10263931 11031121 842519 45281 887800 10143321 24990 24990 10168311 PART X, LINE 2: THE FOUNDATION IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL AND ARIZONA INCOME TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND ARIZONA REVISED STATUTES 43-1201(4), RESPECTIVELY. HOWEVER, THE FOUNDATION REMAINS SUBJECT TO INCOME TAXES ON ANY NET INCOME THAT IS DERIVED FROM A TRADE OR BUSINESS, REGULARLY CARRIED ON AND NOT IN FURTHERANCE OF THE PURPOSE FOR WHICH IT WAS GRANTED EXEMPTION. NO INCOME TAX PROVISION HAS BEEN RECORDED AS THE NET INCOME, IF ANY, FROM ANY UNRELATED TRADE OR BUSINESS, IN THE OPINION OF MANAGEMENT, IS NOT MATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. MANAGEMENT BELIEVES THAT NO UNCERTAIN TAX POSITIONS EXIST FOR THE FOUNDATION AT AUGUST 31, 2023 AND 2022. THE FOUNDATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND APPLICABLE STATE JURISDICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 5,212. CHANGE IN VALUE OF BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 34,470. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES RECLASSED TO THE STATEMENT OF REVENUE -45,281. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES RECLASSED TO THE STATEMENT OF REVENUE 45,281. WISH BALL 2376077 1647182 728895 2498 117959 207566 4000 440466 TOPGOLF TUCSON 35425 26163 9262 0 0 9262 376 4 49692 19944 29748 0 8479 14711 2300 5569 2461194 1693289 767905 2498 135700 222277 6300 446411 813186 -45281 44400 1 1.00000 44400 44400 AZ 0 501C3 EXEMPT FROM LICENSING 0 1 0 0.00000 1.00000 DAVID RABER 2901 NORTH 78TH STREET SCOTTSDALE AZ 852516547 0 RACHEL DEETS DIRECTOR OF INTERNAL 0 EVENTS PLANNER X 0 1 WISHES GRANTED 424 636772 3484720 FMV TRAVEL, M&E, SUPPLIES PART I, LINE 2: FOR EACH CHILD WHO MEET ELIGIBILITY CRITERIA, A FILE IS ESTABLISHED IN ACCORDANCE WITH MAKE-A-WISH FOUNDATION PROCEDURES. THE CHILD IS INTERVIEWED BY THE WISH GRANTING STAFF TO UNDERSTAND THE CHILD'S WISH REQUEST. A WISH BUDGET IS CREATED BY WISH STAFF AND APPROVED BY WISH MANAGEMENT. WISH EXPENSES ARE GENERATED BY WISH FULFILLMENT STAFF AND REVIEWED AND APPROVED BY WISH MANAGEMENT TO ENSURE THAT COSTS ALIGN WITH THE WISH BUDGET. ONCE THE WISH HAS BEEN GRANTED AND ALL EXPENSES PAID, THE WISH FILE IS CLOSED. X X X X 0 0 0 0 0 0 0 1 0 FRAN MALLACE PRESIDENT & CEO 233715 0 39663 0 0 0 9507 0 14537 0 297422 0 0 0 KARNY STEFAN CHIEF DEVELOPOMENT OFFICER 166592 0 42386 0 0 0 10244 0 9248 0 228470 0 0 0 DAVID RABER CHIEF ADMINISTRATIVE OFFICER 155780 0 41608 0 0 0 12595 0 12277 0 222260 0 0 0 ELIZABETH REICH FORMER PRESIDENT (THRU 3/2022) 50843 0 0 0 103016 0 5940 0 3142 0 162941 0 65194 0 HOLLIE COSTELLO VICE PRESIDENT OF PR & MARKETING 119019 0 19102 0 0 0 8133 0 9150 0 155404 0 0 0 PART I, LINE 7 ALL CHAPTER STAFF, INCLUDING THE PRESIDENT/CEO AND HIGHLY COMPENSATED STAFF ARE ELIGIBLE FOR AN ANNUAL DISCRETIONARY PERFORMANCE-BASED BONUS. THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS ANNUALLY APPROVES THE PERFORMANCE GOALS, WHICH INCLUDES ONE OR MORE GOALS RELATING TO REVENUE OF THE CHAPTER. IN ADDITION, THE AUDIT AND FINANCE COMMITTEE OF THE BOARD CERTIFIES THAT GOALS WERE ACHIEVED AND PERFORMANCE-BASED BONUSES WERE CALCULATED ACCURATELY. THE EXECUTIVE COMMITTEE OF THE BOARD APPROVES THE PAYOUT OF THE BONUSES ONCE THE YEAR IS CLOSED AND THE AUDIT AND FINANCE COMMITTEE HAS APPROVED THE CALCULATIONS. X 3 319104 FMV X WISH RELATED 524 1203176 FMV X SPECIAL EVENTS 24 210533 FMV 0 0 1 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART III, LINE 4A OUR VISION IS TO GRANT THE WISH OF EVERY ELIGIBLE CHILD, BETWEEN THE AGES OF 2 1/2 AND 18. FOR WISH KIDS, THE ACT OF MAKING THEIR WISH COME TRUE CAN GIVE THEM THE COURAGE TO COMPLY WITH THEIR MEDICAL TREATMENTS. WITH OUR WISH MAKING PROCESS WE STRIVE TO BRING A SENSE OF EXCITEMENT AND HOPE DURING EXTREMELY DIFFICULT TIMES AND DELIVER A JOYFUL LIFE CHANGING EXPERIENCE WHETHER THE WISH IS A PRINCESS PARTY, SWIM WITH THE DOLPHINS, OR THE COUNTLESS OTHER POSSIBILITIES DREAMED UP BY THE MAGICAL MIND OF A CHILD. THE MAKE-A-WISH FOUNDATION OF ARIZONA GRANTED 424 LIFE CHANGING WISHES IN THE FISCAL YEAR ENDING AUGUST 31, 2023. THE TOTAL COST OF WISHES GRANTED FOR THE FISCAL YEAR WAS $7,712,910. OF THIS AMOUNT, $829,569 WAS CONTRIBUTED BY VARIOUS VENDORS WHO PROVIDED IN-KIND CONTRIBUTIONS SUCH AS LANDSCAPING, RENOVATIONS, CONSTRUCTION, LODGING, ENTERTAINMENT ACTIVITIES AND OTHER SERVICES AND USE OF FACILITIES TO COMPLETE A CHILD'S WISH. FOR FINANCIAL STATEMENT PURPOSES, THESE AMOUNTS ARE INCLUDED AS CONTRIBUTION REVENUE AND GRANTED WISH EXPENSE. FOR FORM 990, HOWEVER, THE IRS REQUIRES THIS AMOUNT BE EXCLUDED FROM BOTH REVENUE AND EXPENSE. IN DECEMBER 2019, AN OUTBREAK OF A NOVEL STRAIN OF CORONAVIRUS (COVID-19) BEGAN. ON MARCH 10, 2020, IN CONJUNCTION WITH THE MAKE-A-WISH AMERICA NATIONAL MEDICAL ADVISORY COUNCIL (NMAC), MAKE-A-WISH AMERICA ISSUED INSTRUCTIONS TO PAUSE TRAVEL AND LARGE GATHERING WISHES UNTIL DEEMED MEDICALLY SAFE FOR OUR VULNERABLE POPULATION AND THEIR FAMILIES. ON MARCH 11, 2020, THE WORLD HEALTH ORGANIZATION CHARACTERIZED COVID-19 AS A PANDEMIC. AS OF SEPTEMBER 15, 2021, IN CONSULTATION WITH THE NMAC, THE PAUSE ON DOMESTIC TRAVEL TO LARGE GATHERINGS WAS LIFTED, IF TRAVEL OCCURRED BY AUTOMOBILE. THE PAUSE ON AIRLINE TRAVEL WAS LIFTED DECEMBER 1, 2021 WITH A GRADUATED APPROACH WITH FULL DOMESTIC TRAVEL RESUMING JUNE OF 2022. INTERNATIONAL AND CRUISE WISH TRAVEL IS STILL PAUSED AS OF AUGUST 31, 2023. PRIOR TO FISCAL YEAR 2020, TRAVEL WISHES HAVE BEEN APPROXIMATELY 78% OF WISHES GRANTED AND THE NUMBER OF GRANTED WISHES AVERAGED APPROXIMATELY 380. THE NUMBER OF WISHES GRANTED DURING THE YEARS ENDED AUGUST 31, 2023 AND 2022 WAS 424 AND 363, RESPECTIVELY. THE FOUNDATION CONTINUES TO EVALUATE ALL EXPENSES AND FUNDRAISING EFFORTS IN LIGHT OF THE IMPACT OF COVID-19. FORM 990, PART VI, SECTION A, LINE 1A THE "EXECUTIVE COMMITTEE" SHALL BE A BOARD COMMITTEE. THE EXECUTIVE COMMITTEE SHALL, AT A MINIMUM, CONSIST OF THE CHAIR OF THE BOARD, WHO SHALL BE ITS CHAIR, CHAIR ELECT, TREASURER AND SECRETARY. THE IMMEDIATE PAST CHAIR OF THE BOARD AND IMMEDIATE PAST TREASURER SHALL ADDITIONALLY SERVE AS MEMBERS OF THE EXECUTIVE COMMITTEE FOR THE YEAR FOLLOWING THEIR BOARD CHAIRPERSON-SHIP AND TREASURER-SHIP, PROVIDED THEY ARE BOTH STILL MEMBERS OF THE BOARD. THE CHAIR OF THE WISH DELIVERY COMMITTEE, CHAIR OF THE DEVELOPMENT COMMITTEE, AND UP TO 3 MEMBERS AT LARGE SHALL ALSO SERVE AS MEMBERS OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE MAY ACT ON BEHALF OF THE FOUNDATION IN DAY TO DAY BUSINESS OPERATIONS WHEN THE BOARD IS NOT IN SESSION, REPORTING ACTIONS TO THE BOARD AT THE NEXT SUCCEEDING BOARD MEETING FOR RATIFICATION. THE EXECUTIVE COMMITTEE SHALL BE CHARGED WITH REVIEWING AND EVALUATING THE PERFORMANCE OF THE PRESIDENT AND SUBMITTING TO THE BOARD FOR CONSIDERATION RESOLUTIONS CONCERNING UNUSUAL OR EXTRAORDINARY MATTERS AFFECTING THE OPERATION OF THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE AMENDED TO ALLOW FOR UP TO 3 MEMBERS AT LARGE TO SERVE ON THE EXECUTIVE COMMITTEE OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION WORKED CLOSELY WITH AN INDEPENDENT PUBLIC ACCOUNTING FIRM ENGAGED TO PREPARE THE FORM 990. THE DRAFT FORM 990 PREPARED BY THE ACCOUNTING FIRM WAS REVIEWED BY THE FOUNDATION'S CHIEF ADMINISTRATIVE OFFICER. THE RETURN WAS THEN PRESENTED TO THE AUDIT AND FINANCE COMMITTEE FOR THEIR REVIEW. SUBSEQUENT TO THE COMMITTEE'S APPROVAL, A COMPLETE COPY OF THE FINAL FORM 990 WAS PROVIDED TO ALL VOTING BOARD MEMBERS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. THE MINUTES OF COMMITTEE AND/OR BOARD MEETINGS REFLECT THE REVIEW PROCESS. FORM 990, PART VI, SECTION B, LINE 12C THE CHAPTER MAINTAINS A CONFLICT OF INTEREST AND ETHICS STATEMENT AS PROVIDED BY MAKE-A-WISH AMERICA FOR EVERY OFFICER, EMPLOYEE, BOARD MEMBER AND VOLUNTEER. THE STATEMENT MUST BE SIGNED UPON DATE OF HIRE, ELECTION OR COMMENCEMENT OF SERVICE AND AT LEAST ANNUALLY THEREAFTER. SIGNED STATEMENTS ARE SUBMITTED TO AND REVIEWED BY THE DIRECTOR OF VOLUNTEER SERVICES (FOR ALL VOLUNTEERS), TO THE OFFICE MANAGER AND PRESIDENT/CEO (FOR ALL BOARD MEMBERS) OR TO THE FINANCE AND HUMAN RESOURCES MANAGER (FOR ALL PAID EMPLOYEES). ANY CONFLICTS ARE COMMUNICATED TO THE PRESIDENT/CEO AND THE PROCEDURE FOR ADDRESSING ANY CONFLICTS OF INTEREST MAY INCLUDE, BUT ARE NOT LIMITED TO THE FOLLOWING: (1) DETERMINING THE NATURE OF THE CONFLICT VIA VERBAL OR WRITTEN COMMUNICATION WITH THE INTERESTED PERSON, (2) FULLY DISCLOSING CONFLICTING INTERESTS TO THE BOARD, (3) REQUIRING THE CONFLICTED PERSON TO RECUSE HIMSELF/HERSELF FROM DELIBERATIONS AND DECISIONS REGARDING THE TRANSACTION AND (4) TAKING APPROPRIATE ACTIONS WARRANTED BY THE CONFLICT AS RECOMMENDED BY THE BOARD (AND POSSIBLY LEGAL ADVISOR) UP TO AND INCLUDING TERMINATION OF SERVICE. FORM 990, PART VI, SECTION B, LINE 15 THE CHAPTER ENSURED (1) THAT THE COMPENSATION OF THEIR CHIEF EXECUTIVE OFFICER, OTHER OFFICERS AND KEY EMPLOYEES, AS DEFINED BY THE IRS IS APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS WITHOUT THE INVOLVEMENT OF ANY INDIVIDUAL(S) WITH A CONFLICT OF INTEREST, (2) THAT THE EXECUTIVE COMMITTEE OF THE BOARD OBTAINS AND RELIES ON APPROPRIATE COMPARABLE COMPENSATION DATA BEFORE MAKINGS ITS DECISION (DATA MAY INCLUDE SALARY DATA PROVIDED BY MAKE-A-WISH AMERICA, SALARY DATA PROVIDED BY INDEPENDENT HR CONSULTANTS, DATA OBTAINED FROM ARIZONA SATE UNIVERSITY LODESTAR CENTER FOR PHILANTHROPY AND NON-PROFIT INNOVATION, DATA OBTAINED FROM OTHER ORGANIZATIONS SUCH AS NON-PROFIT TIMES AND TOTAL COMPENSATION SOLUTIONS), (3) THAT THE EXECUTIVE COMMITTEE OF THE BOARD'S DISCUSSIONS WERE DOCUMENTED, INCLUDING THE TERMS OF THE TRANSACTION AND THE DATA APPROVED, MEMBERS OF THE COMMITTEE PRESENT FOR THE DELIBERATION AND WHO VOTED, AND THE DESCRIPTION OF THE COMPARABILITY DATA OBTAINED AND HOW IT WAS OBTAINED. THIS PROCESS WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 5,212. CHANGE IN VALUE OF BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 34,470.