2025-04-03T15:09:29-05:00 2024-12-31 952302617 SINGERLEWAK LLP 262 GRAND AVENUE S SAN FRANCISCO CA 94080 990 2024-01-01 943264631 PACIFIC PENSION & INVESTMENT INSTITUTE PACI 4155761187 95 THIRD STREET 2ND FLOOR SAN FRANCISCO CA 94103 LIONEL C JOHNSON PRESIDENT 4155761187 2025-03-21 1 0 NANAZ BENYAMINI P00666808 6508727600 2025-03-21 2024 2025-03-06 01:10:19Z LIONEL C JOHNSON 95 THIRD STREET 2ND FLOOR SAN FRANCISCO CA 94103 3708012 0 X WWW.PPI.INSTITUTE X 1998 CA GLOBAL INSTITUTE CENTERED ON HELPING ASSET OWNERS/MANAGERS UNDERSTAND THE INVESTMENT ENVIRONMENT 16 16 9 22 0 0 2630600 2977051 540909 690295 45837 40666 0 0 3217346 3708012 0 0 0 0 1953644 2110823 0 0 0 1114710 1355124 3068354 3465947 148992 242065 2634984 3168476 219716 493975 2415268 2674501 X SEE SCHEDULE O 0 0 2663753 690295 SEE SCHEDULE O 2663753 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 9 1 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X JING CARTER 4155761187 95 THIRD STREET 2ND FLOOR SAN FRANCISCO CA 94103 MARK DELANEY CHAIR 2.00 X X 0 0 0 KEVIN BONG SECRETARY 2.00 X X 0 0 0 LINCOLN WEBB TREASURER 2.00 X X 0 0 0 GORDAN BAJNAI DIRECTOR 1.00 X 0 0 0 ARVIDN CHARI DIRECTOR 1.00 X 0 0 0 TED ELIOPOULOS DIRECTOR 1.00 X 0 0 0 MARCIE FROST DIRECTOR 1.00 X 0 0 0 PRANEET GARG DIRECTOR 1.00 X 0 0 0 GERALDINE JIMENEZ DIRECTOR 1.00 X 0 0 0 RICHELLE SUGIYAMA DIRECTOR 1.00 X 0 0 0 LEON MENG DIRECTOR 1.00 X 0 0 0 LAURA NASHMAN DIRECTOR 1.00 X 0 0 0 CATHERINE SAVAGE DIRECTOR 1.00 X 0 0 0 ALLYSON TUCKER DIRECTOR 1.00 X 0 0 0 TON VAN WELIE DIRECTOR 1.00 X 0 0 0 OSAMU YAMAMOTO DIRECTOR 1.00 X 0 0 0 LIONEL C JOHNSON PRESIDENT 40.00 X 499328 0 54164 JAMES APOSTOL VICE PRESIDENT AND COO 40.00 X 278274 0 36504 SABINA GOTUACO FINANCE & ADMIN DIRECTOR 40.00 X 200687 0 36823 PIIN-FEN KOK SENIOR PROGRAM DIRECTOR 40.00 X 183456 0 35814 MARK MANCAO CHIEF OF STAFF 40.00 X 160627 0 36679 SHU LI PROGRAM DIRECTOR 40.00 X 133337 0 24996 EVIE FONG PROGRAM MANAGER 40.00 X 115238 0 18444 1570947 0 243424 8 0 1 0 0 2702500 274551 2977051 REGISTRATION FEES 611430 690295 690295 690295 40666 40666 3708012 690295 0 40666 868270 564376 303894 929026 697732 231294 68126 50369 17757 145056 104911 40145 100345 70743 29602 3250 3250 34500 34500 69146 10690 58456 19040 11424 7616 84900 67920 16980 770186 770186 11084 6650 4434 PROGRAM & RESEARCH INIT 162746 162746 MEMBERSHIP DUES/CONFERE 58828 35297 23531 PENSION EXECUTIVE SEMIN 54543 54543 TELEPHONE AND INTERNET 26515 18560 7955 60386 37606 22780 3465947 2663753 802194 0 306620 248732 534812 1046994 91500 176000 239316 175342 19062 16388 0 2674 1459872 1515870 2864 2864 2634984 3168476 23321 48240 196395 445735 219716 493975 X 2415268 2674501 2415268 2674501 2634984 3168476 242065 17168 0 X 0 1 X 1 0 X 2372150 2475769 2538288 2630600 2912500 12929307 175786 113991 293527 540909 754846 1879059 2547936 2589760 2831815 3171509 3667346 14808366 0 0 0 14808366 20983 10616 18544 45837 40666 136646 20983 10616 18544 45837 40666 136646 2568919 2600376 2850359 3217346 3708012 14945012 0.99090 0.98990 0.00910 0.01010 X 1375000 100000 1475000 1425000 50000 1375000 1425000 1425000 1425000 1425000 1375000 50000 1425000 1.00000 0 0 2712 38 2674 16350 16350 0 2674 X 3725180 17168 17168 3708012 0 3708012 3465947 0 3465947 0 3465947 PART V, LINE 4: PPI MAINTAINS A RESERVE FUND IN THE EVENT CATASTROPHIC CIRCUMSTANCES INTERRUPT THE COURSE OF BUSINESS. PPI'S INVESTMENT AND SPENDING PROCEDURES ARE GOVERNED BY THE RESERVE FUND INVESTMENT POLICY AND MANAGED BY THE PRESIDENT. PART X, LINE 2: PPI IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE 501(C)(3). MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY PPI, AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PPI IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. EAST ASIA AND THE PACIFIC ASIA PACIFIC ROUNDTABLE IN HONG KONG (OCTOBER 23-25) EVOLVING PERSPECTIVES ON CHINA AND THE ASIA-PACIFIC REGION 259354 SOUTH ASIA STUDY MISSION TO INDIA (SEPTEMBER 9-12) INSIGHTS AND OPPORTUNITIES, WITH SESSIONS IN MUMBAI AND NEW DELHI; AN INTIMATE IN-PERSON GROUP OF DELEGATES. 130410 EAST ASIA AND THE PACIFIC EXECUTIVE SEMINAR IN HONG KONG (OCTOBER 20-22) HONG KONG: NAVIGATING THE FUTURE OF GLOBAL FINANCE AND INTEGRATION; AN INTIMATE IN-PERSON GROUP OF DELEGATES. 54543 EUROPE (INCLUDING ICELAND & GREENLAND) SUMMER ROUNDTABLE IN AMSTERDAM, THE NETHERLANDS (JULY 10-12) CONNECTIVITY AND COMPETITIVENESS: PERSPECTIVES FROM EUROPE 281870 0 0 0 0 0 0 726177 0 726177 0 0 0 0 0 0 X X X X X X 0 0 0 0 0 0 0 0 0 LIONEL C JOHNSON PRESIDENT 397571 0 101757 0 0 0 20496 0 33668 0 553492 0 0 0 JAMES APOSTOL VICE PRESIDENT AND COO 278274 0 0 0 0 0 22065 0 14439 0 314778 0 0 0 SABINA GOTUACO FINANCE & ADMIN DIRECTOR 200687 0 0 0 0 0 14704 0 22119 0 237510 0 0 0 PIIN-FEN KOK SENIOR PROGRAM DIRECTOR 183456 0 0 0 0 0 15142 0 20672 0 219270 0 0 0 MARK MANCAO CHIEF OF STAFF 160627 0 0 0 0 0 13114 0 23565 0 197306 0 0 0 SHU LI PROGRAM DIRECTOR 133337 0 0 0 0 0 10902 0 14094 0 158333 0 0 0 FORM 990, PART III, LINE 1 PPI IS A GLOBAL INSTITUTE CENTERED ON A COMMON INTEREST IN HELPING ASSET OWNERS AND MANAGERS UNDERSTAND, LEARN, AND GAIN PERSPECTIVE FROM EACH OTHER ON GEOPOLITICAL, ECONOMIC AND FINANCIAL MATTERS THAT AFFECT THE INVESTMENT ENVIRONMENT AND OPPORTUNITIES FOR ITS MEMBERS. FORM 990, PART III, LINE 4A PPI PROGRAM ACTIVITIES IN 2024 - LEADERSHIP LAB IN NAPA, CALIFORNIA (MARCH 4-5) - A LEADERSHIP DEVELOPMENT INITIATIVE FOR PPI ASSET OWNER MEMBERS THAT HARNESSES THE WISDOM AND EXPERIENCE OF THE PPI COMMUNITY. - WINTER ROUNDTABLE IN NAPA, CALIFORNIA (MARCH 6-7) - POLITICS, ENERGY, AND TECHNOLOGY: A CONSEQUENTIAL YEAR. - SALON DURING THE PPI IN RESIDENCE, NEW YORK, NEW YORK (MAY 15) TWO SESSIONS IN COLLABORATION WITH FCLTGLOBAL, LONG-TERM FUNDAMENTALS FOR INSTITUTIONAL INVESTORS AND THE PATHS AHEAD FOR TRANSATLANTIC RELATIONS. - SUMMER ROUNDTABLE IN AMSTERDAM, THE NETHERLANDS (JULY 10-12) - CONNECTIVITY AND COMPETITIVENESS: PERSPECTIVES FROM EUROPE. - STUDY MISSION TO INDIA (SEPTEMBER 9-12) - INSIGHTS AND OPPORTUNITIES, WITH SESSIONS IN MUMBAI AND NEW DELHI; AN INTIMATE IN-PERSON GROUP OF DELEGATES. - EXECUTIVE SEMINAR IN HONG KONG (OCTOBER 20-22) - HONG KONG: NAVIGATING THE FUTURE OF GLOBAL FINANCE AND INTEGRATION; AN INTIMATE IN-PERSON GROUP OF DELEGATES. - ASIA PACIFIC ROUNDTABLE IN HONG KONG (OCTOBER 23-25) - EVOLVING PERSPECTIVES ON CHINA AND THE ASIA-PACIFIC REGION. THE PPI BOARD OF DIRECTORS HELD THEIR BOARD MEETINGS AND A RETREAT IN CONJUNCTION WITH THE ROUNDTABLES. MATERIALS FOR ALL PROGRAMS WERE PUBLISHED DIGITALLY AND VIA A MOBILE EVENT APP. THE ANNUAL REPORT IS POSTED TO THE PPI WEBSITE, WWW.PPI.INSTITUTE, AND RELEASED VIA EMAIL. OTHER MEMBERS' NEWS AND UPDATES WERE RELEASED VIA EMAIL. FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - MEMBERS ARE APPROVED VIA A UNANIMOUS VOTE FROM THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - A MEMBER MAY BE ELECTED TO THE BOARD OF DIRECTORS AT ANY REGULARLY SCHEDULED BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - FORM 990 IS REVIEWED BY THE PRESIDENT, FINANCE DIRECTOR AND THE AUDIT COMMITTEE. IT IS THEN DISTRIBUTED TO THE BOARD ELECTRONICALLY FOR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER, DIRECTOR OR DELEGATE WILL ANNUALLY SIGN A STATEMENT AFFIRMING THE PRINCIPLES OF THE CONFLICT OF INTEREST POLICY. SUCH SIGNED STATEMENTS ARE REVIEWED BY THE PRESIDENT FOR FURTHER REPORT TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 KEY EMPLOYEE COMPENSATION IS DECIDED BY THE PRESIDENT. THE PRESIDENT'S DECISION IS BASED ON COMPARABLE MARKET ANALYSIS ON THE GEOGRAPHIC LOCATION. THE PRESIDENT'S COMPENSATION IS DECIDED BY AND APPROVED BY THE BOARD OF DIRECTORS. THE DECISION IS BASED ON A SALARY SURVEY OF AN APPROVED COMPARATOR GROUP (CHOSEN EVERY TWO YEARS) OR A COMPENSATION CONSULTANT AND THE BOARD'S REVIEW OF THE PRESIDENT'S PERFORMANCE. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST.