2023-05-15T08:14:33-05:00 2022-12-31 420714325 RSM US LLP 1861 INTERNATIONAL DRIVE SUITE 400 MCLEAN VA 22102 990 2022-01-01 200455984 NAREIT FOUNDATION NARE 2027399400 1875 I STREET NW 500 WASHINGTON DC 200065413 ROBERTO DIAZ EVP, FINANCE & FISCAL MGMT 2027399400 2023-05-12 1 ROBERTO DIAZ 999009999 0 FREDERICK LONGWOOD P00439715 7033366400 2023-05-12 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEVEN WECHSLER 1875 I STREET NW 500 WASHINGTON DC 200065413 3023152 0 X N/A X 2003 DC MAKING GRANTS TO CHARITABLE, EDUCATIONAL, AND OTHER ORGANIZATIONS QUALIFIED AND RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; TAKING STEPS TO PROMOTE AND ADVANCE DIVERSITY, EQUITY AND INCLUSION IN THE REAL ESTATE INVESTMENT TRUST INDUSTRY; AND SPONSORING EDUCATIONAL CONFERENCES OR PUBLISHING WRITTEN EDUCATIONAL MATERIAL DEALING WITH LEGAL, ACCOUNTING AND REGULATORY MATTERS CONCERNING REAL ESTATE INVESTMENT TRUSTS. 10 8 0 10 0 0 687500 3015000 0 0 162 8152 0 0 687662 3023152 625000 488548 0 0 0 0 0 0 0 3955 7780 628955 496328 58707 2526824 360937 2887761 0 0 360937 2887761 X MAKING GRANTS TO CHARITABLE, EDUCATIONAL, AND OTHER ORGANIZATIONS QUALIFIED AND RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; TAKING STEPS TO PROMOTE AND ADVANCE DIVERSITY, EQUITY AND INCLUSION IN THE REAL ESTATE INVESTMENT TRUST INDUSTRY; AND SPONSORING EDUCATIONAL CONFERENCES OR PUBLISHING WRITTEN EDUCATIONAL MATERIAL DEALING WITH LEGAL, ACCOUNTING AND REGULATORY MATTERS CONCERNING REAL ESTATE INVESTMENT TRUSTS. 1 0 488548 488548 PROVIDED CONTRIBUTIONS TO VARIOUS UNRELATED ORGANIZATIONS THAT HAVE BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS CHARITABLE WITHIN THE MEANING OF IRC SECTION 501(C)(3). 5248 SPONSORING EDUCATIONAL CONFERENCES. 493796 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 8 0 0 1 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 X THE ORGANIZATION 2027399400 1875 I STREET NW 500 WASHINGTON DC 200065413 X STEVEN WECHSLER PRESIDENT 1.00 39.00 X X 0 2586281 60699 CATHERINE BARRE TREASURER & SECRETARY 1.00 39.00 X X 0 720034 71975 W MATTHEW KELLY CHAIR 0.00 1.00 X X 0 0 0 THOMAS A BARTLETT BOARD MEMBER 0.00 1.00 X 0 0 0 JAMES B CONNOR BOARD MEMBER 0.00 1.00 X 0 0 0 MARGUERITE M NADER BOARD MEMBER 0.00 1.00 X 0 0 0 LISA PALMER BOARD MEMBER 0.00 1.00 X 0 0 0 JAMES F RISOLEO BOARD MEMBER 0.00 1.00 X 0 0 0 SUMIT ROY BOARD MEMBER 0.00 1.00 X 0 0 0 A WILLIAM STEIN BOARD MEMBER 0.00 1.00 X 0 0 0 DONALD C WOOD BOARD MEMBER 0.00 1.00 X 0 0 0 SUMIT ROY CHAIR 0.00 1.00 X X 0 0 0 THOMAS A BARTLETT BOARD MEMBER 0.00 1.00 X 0 0 0 CONOR C FLYNN BOARD MEMBER 0.00 1.00 X 0 0 0 W MATTHEW KELLY BOARD MEMBER 0.00 1.00 X 0 0 0 MARGUERITE M NADER BOARD MEMBER 0.00 1.00 X 0 0 0 LISA PALMER BOARD MEMBER 0.00 1.00 X 0 0 0 JAMES F RISOLEO BOARD MEMBER 0.00 1.00 X 0 0 0 A WILLIAM STEIN BOARD MEMBER 0.00 1.00 X 0 0 0 DONALD C WOOD BOARD MEMBER 0.00 1.00 X 0 0 0 TONY EDWARDS FORMER TREASURER & SECRETARY 1.00 39.00 X 0 1009222 63163 0 4315537 195837 0 1 1 0 0 1130000 1885000 3015000 8152 8152 3023152 0 0 8152 488548 488548 2532 2532 5248 5248 496328 493796 2532 0 360937 2887761 360937 2887761 0 0 X 37231 51603 323706 2836158 360937 2887761 360937 2887761 2526824 0 X X 0 1 X 1 0 X X X 1 NAREIT 273586050 10 1 0 0 1 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 3B: DETERMINATION IS MADE ON A CONTINUAL BASIS THROUGH THE MONITORING OF THE SUPPORTED ORGANIZATION REVENUE AND INVESTMENT INCOME, IN ACCORDANCE WITH THE REQUIREMENTS OF THE SECTION 509(A)(2) PUBLIC SUPPORT TEST. PART IV, SECTION A, LINE 3C: THE NAREIT FOUNDATION DOES NOT PROVIDE DIRECT SUPPORT TO ITS SUPPORTED ORGANIZATION. RATHER, IT PURSUES CHARITABLE PURPOSES THAT FURTHER THE NAREIT FOUNDATION'S MISSION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 3023152 0 3023152 0 3023152 496328 0 496328 0 496328 PART X, LINE 2: THE FOUNDATION HAS RECEIVED A DETERMINATION LETTER FROM THE IRS TO BE TREATED AS A TAX EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE CODE AND DID NOT HAVE UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021. DUE TO ITS TAX-EXEMPT STATUS, THE FOUNDATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS. 1 HAWAII ISLAND COMMUNITY DEVELOPMENT CORPORATION 100 PAUAHI STREET SUITE 201 HILO HI 967203046 990253076 501(C)(3) 180000 0 CHARITABLE CONTRIBUTION INSTITUTE FOR HUMAN SERVICES INC 546 KAAAHI STREET HONOLULU HI 968174630 990199107 501(C)(3) 72548 0 CHARITABLE CONTRIBUTION RESIDENTIAL YOUTH SERVICES & EMPOWERMENT PO BOX 11662 HONOLULU HI 968280662 812102826 501(C)(3) 50000 0 CHARITABLE CONTRIBUTION ARC OF MAUI COUNTY 140 NORTH MARKET STREET 202B WAILUKU HI 967931732 990109804 501(C)(3) 45000 0 CHARITABLE CONTRIBUTION CONGRESSIONAL BLACK CAUCUS FOUNDATION 1720 MASSACHUSETTS AVENUE NW WASHINGTON DC 200361903 521160561 501(C)(3) 25000 0 ALC PHOENIX AWARDS DINNER CONGRESSIONAL HISPANIC CAUCUS INSTITUTE 1128 16TH STREET NW WASHINGTON DC 200364802 521114225 501(C)(3) 25000 0 GENERAL PARTNERSHIP FORD'S THEATRE SOCIETY 511 10TH STREET NW WASHINGTON DC 200041407 526073157 501(C)(3) 25000 0 2022 DIRECTOR'S CIRCLE MEMBERSHIP HHOC HOUSING AND LAND TRUST 1259 AALA STREET SUITE 201 HONOLULU HI 968173962 811067169 501(C)(3) 25000 0 CHARITABLE CONTRIBUTION THE FAITH AND POLITICS INSTITUTE 110 MARYLAND AVENUE NE SUITE 504 WASHINGTON DC 200025620 521759052 501(C)(3) 25000 0 CORPORATE CONTRIBUTION 2022 N STREET VILLAGE 1333 N STREET NW WASHINGTON DC 200053601 521007373 501(C)(3) 10000 0 SPONSORSHIP OF THE 2022 N STREET VILLAGE GALA 10 0 PART I, LINE 2: THE FOUNDATION MONITORS THE USE OF FUNDS BY ANALYZING ON A MONTHLY BASIS WHAT EXPENSES THE FOUNDATION INCURS. 0 1 0 0 0 0 0 0 0 STEVEN WECHSLER PRESIDENT 0 1431927 0 984216 0 170138 0 21860 0 38839 0 2646980 0 0 TONY EDWARDS FORMER TREASURER & SECRETARY 0 585456 0 363909 0 59857 0 21860 0 41303 0 1072385 0 0 CATHERINE BARRE TREASURER & SECRETARY 0 501928 0 214115 0 3991 0 21860 0 50115 0 792009 0 0 PART I, LINE 4B STEVEN WECHSLER, PRESIDENT, TONY EDWARDS, FORMER TREASURER & SECRETARY, AND CATHERINE BARRE, TREASURER & SECRETARY, ARE PARTICIPANTS IN THE NAREIT (A RELATED 501(C)(6) TRADE ASSOCIATION) SECTION 457(F)RETIREMENT PLAN. STEVEN WECHSLER AND TONY EDWARDS RECEIVED A DISTRIBUTION IN 2022, WHICH WAS REPORTED AS TAXABLE COMPENSATION. NAREIT ALSO SPONSORS A SUPPLEMENTAL EXECUTIVE DEFERRED COMPENSATION PLAN. THE CASH PAYOUTS DISTRIBUTED TO EACH PARTICIPANT IN 2022 ARE AS FOLLOWS: STEVEN WECHSLER: $217,112.37 TONY EDWARDS: $69,964.16 CATHERINE BARRE: $40,094.46 FORM 990, PART III, LINE 2 IN 2022 THE NAREIT FOUNDATION CREATED THE DIVIDENDS THROUGH DIVERSITY, EQUITY & INCLUSION (DDEI) GIVING CAMPAIGN, TO SUPPORT CHARITABLE AND EDUCATIONAL ORGANIZATIONS AND INITIATIVES THAT WILL HELP CREATE A MORE DIVERSE, EQUITABLE, AND INCLUSIVE REIT AND PUBLICLY TRADED REAL ESTATE INDUSTRY. FORM 990, PART VI, SECTION A, LINE 4 UPDATED NUMBER OF BOARD MEMBERS AND ORGANIZATIONS MISSION. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO SEPARATE COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B NAREIT FOUNDATION'S PRESIDENT, TREASURER & SECRETARY, TOGETHER WITH NAREIT'S EVP, FINANCE & FISCAL MANAGEMENT, REVIEW THE FORM 990 IN CONJUNCTION WITH THE FOUNDATION'S PAID TAX PREPARER PRIOR TO FILING THE FORM 990. PRIOR TO FILING THE NAREIT FOUNDATION FORM 990 IT WAS PROVIDED TO THE NAREIT FOUNDATION CHAIR AND THE NAREIT CHAIR. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND AUDITED FINANCIAL STATEMENTS ARE NOT GENERALLY MADE AVAILABLE TO THE GENERAL PUBLIC, BUT IF REQUESTS FOR COPIES OF THE DOCUMENTS WERE TO BE RECEIVED, THE ORGANIZATION WOULD CONSIDER MAKING THEM AVAILABLE TO THE REQUESTOR. FORM 990, PART VII * DENOTES BOARD MEMBER WHO SERVED 11/1/2021-10/31/2022. ** DENOTES BOARD MEMBERS WHO SERVED 4/27/2022-10/31/2022. *** DENOTES BOARD MEMBERS WHO SERVED 11/1/2022-10/31/2023. **** DENOTES BOARD MEMBER WHO SERVED 11/1/2022-12/13/2022. FORM 990, PART XII, LINE 2C THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR. NATIONAL ASSOCIATION OF REAL ESTATE INVESTMENT TRUSTS 1875 I STREET NW SUITE 500 WASHINGTON DC 200065413 273586050 TRADE ASSOCIATION DC 501(C)(6) N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 NATIONAL ASSOCIATION OF REAL ESTATE INVESTMENT TRUSTS C 1130000 FMV NATIONAL ASSOCIATION OF REAL ESTATE INVESTMENT TRUSTS P 2670 FMV