2024-09-13T05:20:03-05:00 2024-03-31 221478099 COHNREZNICK LLP 621 CAPITOL MALL SUITE 2150 SACRAMENTO CA 95814 990 2023-04-01 850622977 KORN FERRY CHARITABLE FOUNDATION KORN 3102262607 1900 AVENUE OF THE STARS SUITE 150 LOS ANGELES CA 90067 ANDY KATZ TREASURER 3102262607 2024-09-10 1 1 JOLANTA TUCK CPA P01340068 9164429100 2024-09-09 2023 2024-08-08 14:25:15Z ANDY KATZ 1900 AVENUE OF THE STARS SUITE 1500 LOS ANGELES CA 90067 22114 0 X WWW.KORNFERRYFOUNDATION.ORG X 2020 CA THE FOUNDATION'S MISSION IS TO HELP PEOPLE EXCEED THEIR POTENTIAL. WHETHER THAT IS IN THE BOARDROOM, THE CLASSROOM, OR THEIR LIVING ROOM. THAT MEANS PROVIDING HELP, SUPPORT, AND INSPIRATION FOR PEOPLE WHO NEED IT MOST, PROVIDING DIRECT RELIEF TO THOSE AFFECTED BY A NATURAL DISASTER, FUNDING SCHOLARSHIPS AND PROGRAMS, AND OFFERING GRANTS TO CHARITABLE ORGANIZATIONS WORKING TO ENHANCE OUR COMMUNITIES. 5 5 0 10 0 0 70000 0 0 0 94 22114 0 0 70094 22114 379000 432000 0 0 0 0 0 0 0 56422 36435 435422 468435 -365328 -446321 753879 307558 0 0 753879 307558 X THE FOUNDATION'S MISSION IS TO HELP PEOPLE EXCEED THEIR POTENTIAL. WHETHER THAT IS IN THE BOARDROOM, THE CLASSROOM, OR THEIR LIVING ROOM. THAT MEANS PROVIDING HELP, SUPPORT, AND INSPIRATION FOR PEOPLE WHO NEED IT MOST, PROVIDING DIRECT RELIEF TO THOSE AFFECTED BY A NATURAL DISASTER, FUNDING SCHOLARSHIPS AND PROGRAMS, AND OFFERING GRANTS TO CHARITABLE ORGANIZATIONS WORKING TO ENHANCE OUR COMMUNITIES. 0 0 2000 2000 GENERAL GRANT-MAKING - THE FOUNDATION MAKES GRANTS TO ORGANIZATIONS, MAINLY 501(C)(3) PUBLIC CHARITIES, THAT ALIGN WITH THE FOUNDATION'S CHARITABLE PURPOSE AND IN CONFORMITY WITH IRS GUIDELINES. THROUGH ITS GRANT-MAKING PROGRAM, THE FOUNDATION INTENDS TO SUPPORT ORGANIZATIONS THAT, AMONG OTHER THINGS, HELP PROVIDE RELIEF AFTER A MAJOR DISASTER AND/OR TO REBUILD A COMMUNITY IMPACTED BY A MAJOR DISASTER. 450867 430000 SCHOLARSHIP PROGRAM - THE FOUNDATION ALSO PROVIDES SCHOLARSHIPS BASED ON NON-DISCRIMINATORY, OBJECTIVE CRITERIA, SUCH AS FINANCIAL NEED AND HIGH ACADEMIC ACHIEVEMENT, FOR CHILDREN OR LEGAL WARDS OF KORN FERRY'S EMPLOYEES. THE FOUNDATION MAY PROVIDE SCHOLARSHIPS TO THE GENERAL PUBLIC AS WELL. 452867 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X ANDY KATZ 3102262607 1900 AVENUE OF THE STARS SUITE 1500 LOS ANGELES CA 90067 X JONATHAN KUAI CHAIR/DIRECTOR 5.00 X 0 0 0 ARI LANIN DIRECTOR 1.00 X 0 0 0 DANIELA STOLMAN DIRECTOR 1.00 X 0 0 0 MICHAEL COHEN DIRECTOR 1.00 X 0 0 0 TIFFANY LEE DIRECTOR 1.00 X 0 0 0 ANDY KATZ TREASURER 1.00 X 0 0 0 HEATHER AXE PRESIDENT AND SECRETARY 5.00 X 0 0 0 0 0 0 0 0 0 0 0 22114 22114 22114 0 0 22114 2000 2000 310000 310000 120000 120000 5250 5250 25518 15250 10268 5667 5617 50 468435 452867 15568 0 753879 307558 753879 307558 0 0 X 753879 307558 753879 307558 753879 307558 -446321 0 X 0 0 0 X 57000 1535000 70000 0 1662000 57000 1535000 70000 1662000 1549632 112368 94 22114 22208 1684208 X 1 0 0 0 0 0 0 0 0 0 SCHOLARSHIPS EAST ASIA AND THE PACIFIC 1 10000 THIRD PARTY SCHOLARSHIPS MIDDLE EAST AND NORTH AFRICA 6 60000 THIRD PARTY SCHOLARSHIPS SOUTH AMERICA 2 20000 THIRD PARTY SCHOLARSHIPS NORTH AMERICA 3 30000 THIRD PARTY 0 0 0 0 0 0 PART I, LINE 2: THE APPLICATION AND SELECTION PROCESS FOR THE LESTER KORN SCHOLARSHIP PROGRAM IS ADMINISTERED BY SCHOLARSHIP AMERICA, AN INDEPENDENT THIRD PARTY THAT MANAGES SCHOLARSHIP, TUITION ASSISTANCE AND OTHER EDUCATION SUPPORT PROGRAMS FOR CORPORATIONS, FOUNDATIONS, ASSOCIATIONS AND INDIVIDUALS. APPLICANTS MUST BE: CHILDREN OR LEGAL WARDS OF FULL-TIME, PART-TIME, OR TEMPORARY KORN FERRY EMPLOYEES WHO HAVE A MINIMUM OF ONE-YEAR EMPLOYMENT WITH KORN FERRY. EMPLOYEES MUST BE EMPLOYED DIRECTLY BY KORN FERRY AT THE TIME EMPLOYMENT IS VERIFIED (E.G., WHEN THE SCHOLARSHIP IS AWARDED). HIGH SCHOOL SENIORS OR GRADUATES / STUDENTS IN THEIR FINAL YEAR OF UPPER SECONDARY SCHOOL OR FINAL YEAR OF CEGEP OR GRADUATES, OR CURRENT UNDERGRADUATE OR GRADUATE UNIVERSITY STUDENTS. ENROLLED OR PLAN TO ENROLL IN FULL-TIME UNDERGRADUATE OR GRADUATE STUDY AT AN ACCREDITED COLLEGE, UNIVERSITY, OR EQUIVALENT (LENTH OF COURSE OF STUDY MAY VARY FROM THREE TO FIVE YEARS DEPENDING ON LOCATION) FOR THE ENTIRE UPCOMING ACADEMIC YEAR. BE AN APPLICANT WHO WAS NOT SELECTED TO RECEIVE A LESTER KORN SCHOLARSHIP AWARD IN 2022. SCHOLARSHIP RECIPIENTS ARE SELECTED ON THE BASIS OF ACADEMIC RECORD, DEMONSTRATED LEADERSHIP AND PARTICIPATION IN SCHOOL AND COMMUNITY ACTIVITIES, WORK EXPERIENCE, A STATEMENT OF CAREER AND EDUCATIONAL GOALS AND ASPIRATIONS, UNUSUAL PERSONAL OR FAMILY CIRCUMSTANCES, FINANCIAL NEED, AND AN OUTSIDE RECOMMENDATION LETTER. AWARDS ARE GRANTED WITHOUT REGARD TO RACE, COLOR, CREED, RELIGION, SEXUAL ORIENTATION, GENDER, DISABILITY OR NATIONAL ORIGIN. 1 SCHOLARSHIPS 31 310000 PAYMENT OF SCHOLARSHIPS TO SCHOLARSHIP AMERICA PART I, LINE 2: THE APPLICATION AND SELECTION PROCESS FOR THE LESTER KORN SCHOLARSHIP PROGRAM IS ADMINISTERED BY SCHOLARSHIP AMERICA, AN INDEPENDENT THIRD PARTY THAT MANAGES SCHOLARSHIP, TUITION ASSISTANCE AND OTHER EDUCATION SUPPORT PROGRAMS FOR CORPORATIONS, FOUNDATIONS, ASSOCIATIONS AND INDIVIDUALS. APPLICANTS MUST BE: CHILDREN OR LEGAL WARDS OF FULL-TIME, PART-TIME, OR TEMPORARY KORN FERRY EMPLOYEES WHO HAVE A MINIMUM OF ONE-YEAR EMPLOYMENT WITH KORN FERRY. EMPLOYEES MUST BE EMPLOYED DIRECTLY BY KORN FERRY AT THE TIME EMPLOYMENT IS VERIFIED (E.G., WHEN THE SCHOLARSHIP IS AWARDED). HIGH SCHOOL SENIORS OR GRADUATES / STUDENTS IN THEIR FINAL YEAR OF UPPER SECONDARY SCHOOL OR FINAL YEAR OF CEGEP OR GRADUATES, OR CURRENT UNDERGRADUATE OR GRADUATE UNIVERSITY STUDENTS. ENROLLED OR PLAN TO ENROLL IN FULL-TIME UNDERGRADUATE OR GRADUATE STUDY AT AN ACCREDITED COLLEGE, UNIVERSITY, OR EQUIVALENT (LENTH OF COURSE OF STUDY MAY VARY FROM THREE TO FIVE YEARS DEPENDING ON LOCATION) FOR THE ENTIRE UPCOMING ACADEMIC YEAR. BE AN APPLICANT WHO WAS NOT SELECTED TO RECEIVE A LESTER KORN SCHOLARSHIP AWARD IN 2022. SCHOLARSHIP RECIPIENTS ARE SELECTED ON THE BASIS OF ACADEMIC RECORD, DEMONSTRATED LEADERSHIP AND PARTICIPATION IN SCHOOL AND COMMUNITY ACTIVITIES, WORK EXPERIENCE, A STATEMENT OF CAREER AND EDUCATIONAL GOALS AND ASPIRATIONS, UNUSUAL PERSONAL OR FAMILY CIRCUMSTANCES, FINANCIAL NEED, AND AN OUTSIDE RECOMMENDATION LETTER. AWARDS ARE GRANTED WITHOUT REGARD TO RACE, COLOR, CREED, RELIGION, SEXUAL ORIENTATION, GENDER, DISABILITY OR NATIONAL ORIGIN. FORM 990, PART VI, SECTION B, LINE 11B ONCE FORM 990 IS DRAFTED, THE FOUNDATION'S PRESIDENT AND TREASURER WORK CLOSELY TO REVIEW THE FORM WITH THE OUTSIDE ACCOUNTING FIRM ENGAGED BY THE FOUNDATION. PRIOR TO THE FILING OF FORM 990, A PDF COPY OF THE FORM IS EMAILED TO ALL BOARD MEMBERS FOR THEIR REVIEW AND APPROVAL. IF REQUIRED, CHANGES ARE MADE BEFORE FILING FORM 990 WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C KORN FERRY CHARITABLE FOUNDATION REGULARLY REQUIRES ALL OFFICERS, DIRECTORS, COMMITTEE MEMBERS, AND EMPLOYEES TO SIGN A CONFLICT OF INTEREST DISCLOSURE FORM. IF A POTENTIAL CONFLICT IS IDENTIFIED, THE PERSON WITH THE CONFLICT MUST FULLY DISCLOSE THE CONFLICT TO THE PRESIDENT OR SECRETARY OF THE FOUNDATION WHO WILL DETERMINE IF AN ACTUAL CONFLICT EXISTS AND MAKE A DETERMINATION ON THE PROPOSED ACTION, TRANSACTION, OR OTHER ACTIVITY (THE "ACTIVITY"). IF, IN THE JUDGMENT OF THE PRESIDENT, THERE IS A POTENTIAL CONFLICT AND THE ACTIVITY IS SUFFICIENTLY MATERIAL, THE MATTER SHALL BE PRESENTED TO THE BOARD, WHO WILL THEN VOTE ON HOW TO PROCEED. AT THE DISCRETION OF THE BOARD OF DIRECTORS, THE INTERESTED PARTY MAY ATTEND THE MEETING OF THE BOARD AND ANSWER QUESTIONS AND PROVIDE INFORMATION ABOUT THE POTENTIAL CONFLICT OF INTEREST AND THE ACTIVITY; PROVIDED, HOWEVER, THE INTERESTED PARTY SHALL OTHERWISE RECUSE HIMSELF OR HERSELF FROM THE MEETING AND SHALL NOT BE PRESENT DURING DEBATE AND VOTING ON THE MATTER. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE FOUNDATION MAKES ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE FOUNDATION CONSIDERS PROVIDING ITS GOVERNING DOCUMENTS TO THE PUBLIC UPON REQUEST.