2024-03-07T13:14:56-06:00 2023-06-30 135565207 KPMG LLP 8350 BROAD STREET SUITE 900 MCLEAN VA 22102 990 2022-07-01 530196605 AMERICAN NATIONAL RED CROSS & ITS CONSTITUENT CHAPTERS AND BRANCHES AMER 2023034498 431 18TH STREET NW WASHINGTON DC 200065009 CARMEL DARCY CFO 2023034498 2024-03-07 1 CARMEL DARCY 999009999 1 SHAWN HITCHINSON P01048557 7032868000 2024-03-05 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z GAIL MCGOVERN 430 17TH ST NW WASHINGTON DC 20006 3678650067 0 X WWW.REDCROSS.ORG X 1900 DC THE AMERICAN RED CROSS PREVENTS AND ALLEVIATES HUMAN SUFFERING IN THE FACE OF EMERGENCIES BY MOBILIZING THE POWER OF VOLUNTEERS AND THE GENEROSITY OF DONORS. 13 12 17420 265000 6631119 0 1060031161 919126379 2018755758 2167924872 60268572 82218159 43173847 47808201 3182229338 3217077611 224669443 264552438 0 0 1709278168 1528393622 301063 452216 179837467 1113933662 1177708613 3048182336 2971106889 134047002 245970722 3872181875 4028321133 1171891777 1008326202 2700290098 3019994931 X THE AMERICAN RED CROSS PREVENTS AND ALLEVIATES HUMAN SUFFERING IN THE FACE OF EMERGENCIES BY MOBILIZING THE POWER OF VOLUNTEERS AND THE GENEROSITY OF DONORS. 0 0 1912771324 0 2011917984 BIOMEDICAL SERVICES - SEE SCHEDULE O 472420047 172888260 0 DOMESTIC DISASTER SERVICES - SEE SCHEDULE O 121154910 1034293 156006888 TRAINING SERVICES - SEE SCHEDULE O 104822608 86040732 0 INTERNATIONAL RELIEF AND DEVELOPMENT SERVICES:THE ORGANIZATION HELPS VULNERABLE PEOPLE AROUND THE WORLD PREVENT,PREPARE FOR, RESPOND TO AND RECOVER FROM DISASTERS, COMPLEXHUMANITARIAN EMERGENCIES, AND LIFE-THREATENING HEALTH CONDITIONSTHROUGH GLOBAL INITIATIVES AND COMMUNITY-BASED PROGRAMS. WITH A FOCUSON MASS SCALE DISEASE PREVENTION, DISASTER MANAGEMENT, RESTORING FAMILYLINKS, AND THE DISSEMINATION OF INTERNATIONAL HUMANITARIAN LAW, THEORGANIZATION PROVIDES RAPID, EFFECTIVE, AND LARGE-SCALE HUMANITARIANASSISTANCE TO THOSE IN NEED. TO ACHIEVE OUR GOALS, THE ORGANIZATIONWORKS WITH OUR PARTNERS IN THE INTERNATIONAL RED CROSS AND RED CRESCENTMOVEMENT AND OTHER INTERNATIONAL RELIEF AND DEVELOPMENT AGENCIES TOBUILD LOCAL CAPACITIES, MOBILIZE AND EMPOWER COMMUNITIES, AND ESTABLISHPARTNERSHIPS. 59852255 1600917 0 SERVICE TO THE ARMED FORCES:THE ORGANIZATION PROVIDES MILITARY MEMBERS, VETERANS, AND THEIRFAMILIES WITH EMERGENCY COMMUNICATIONS SERVICES, PROGRAMS AND SERVICESFOR THE SICK, WOUNDED AND RECOVERING AT VETERANS AND MILITARY MEDICALFACILITIES, JOB TRAINING AND EDUCATION, AND OTHER VITAL SERVICES FORU.S. MILITARY FAMILIES AROUND THE WORLD. 20180679 2988236 16055681 COMMUNITY SERVICES:IN FISCAL YEAR 2023, THE AMERICAN RED CROSS CONTINUED TO DELIVER ITS LIFESAVING MISSION WHILE SAFEGUARDING THE HEALTH AND SAFETY OF OUR EMPLOYEES, VOLUNTEERS, BLOOD DONORS AND RECIPIENTS, PARTNERS AND CLIENTS. THE RED CROSS REMAINS STEADFAST IN DELIVERING ITS LIFESAVING MISSION TO MAKE SURE THOSE IN NEED RECEIVE HELP AND HOPE. 184855542 90629885 16055681 2691201823 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 1 1 1 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 X 2660 0 1 17420 1 1 0 1 HA VM KE 0 0 0 1 1 1 6 0 0 1 0 0 0 X 13 12 1 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X X JENNIFER HAWKINS 2023035028 430 17TH STREET NW WASHINGTON DC 20006 GAIL MCGOVERN PRESIDENT & CEO 60.00 0.00 X X 859260 0 13951 JENNIFER BAILEY BOARD MEMBER 4.00 0.00 X 0 0 0 M BRETT BIGGS BOARD MEMBER 2.00 0.00 X 0 0 0 DAVID A BRANDON BOARD MEMBER 4.00 0.00 X 0 0 0 CAROLE L BROWN BOARD MEMBER 3.00 0.00 X 0 0 0 HERMAN E BULLS BOARD MEMBER 2.00 0.00 X 0 0 0 DAVID H CLARK BOARD MEMBER 3.00 0.00 X 0 0 0 STEVEN H COLLIS BOARD MEMBER 3.00 0.00 X 0 0 0 ENRIQUE A CONTERNO BOARD MEMBER 4.00 0.00 X 0 0 0 LORENCE KIM BOARD MEMBER 4.00 0.00 X 0 0 0 BONNIE MCELVEEN-HUNTER BOARD MEMBER 5.00 0.00 X 0 0 0 KATHRYN MCLAY BOARD MEMBER 3.00 0.00 X 0 0 0 ARADHANA SARIN BOARD MEMBER 2.00 0.00 X 0 0 0 JOHNNY C TAYLOR JR BOARD MEMBER 3.00 0.00 X 0 0 0 KIRT A WALKER BOARD MEMBER 4.00 0.00 X 0 0 0 DENNIS M WOODSIDE BOARD MEMBER 3.00 0.00 X 0 0 0 BRIAN RHOA CHIEF INVESTMENT OFFICER 60.00 0.00 X 610239 0 27950 PHYLLIS HARRIS GENERAL COUNSEL 60.00 0.00 X 441261 0 36130 CARMEL DARCY CHIEF FINANCIAL OFFICER 60.00 0.00 X 335444 0 21279 JENNIFER HAWKINS CORPORATE SECRETARY & CHIEF OF STAFF 60.00 0.00 X 288997 0 18479 CLIFFORD HOLTZ CHIEF OPERATING OFFICER 60.00 0.00 X 749814 0 31071 CHRIS HROUDA PRESIDENT OF BIOMEDICAL SERVICES 60.00 0.00 X 696337 0 32163 ANNE MCKEOUGH CHIEF DEVELOPMENT OFFICER 60.00 0.00 X 463183 0 21624 MELISSA HURST CHIEF HUMAN RESOURCES OFFICER 60.00 0.00 X 445167 0 35493 TREVOR RIGGEN PRESIDENT OF HUMANITARIAN SERVICES 60.00 0.00 X 358893 0 31846 SHAUN GILMORE CHIEF TRANSFORMATION OFFICER 60.00 0.00 X 619929 0 30895 PAUL SULLIVAN SVP, COLLECTIONS 60.00 0.00 X 469309 0 26226 JACK MCMASTER PRESIDENT OF TRAINING SERVICES 60.00 0.00 X 459711 0 27779 DOMINICK TOLLI SVP, PRODUCT MGMNT AND PLATFORM DEV 60.00 0.00 X 414496 0 33564 ROSEMARY MCGILLAN CHIEF, MARKETING/COMMUNICATION OFFICER 60.00 0.00 X 402890 0 27166 7614930 0 415616 2171 0 1 0 ONE & ALL 2 N LAKE AVE SUITE 600 PASADENA CA 91101 PRINTING AND MAILING 25620362 GENERATOR MEDIA ANALYTICS INC 353 LEXINGTON AVE 11TH FL NY NY 10016 MARKETING 10828075 DROPOFF INC 1601 S MOPAC EXPWY STE C-301 AUSTIN TX 78746 COURIER SERVICE 9731497 MINDTREE LIMITED 25 INDEPENDENCE BLVD SUITE 401 WARREN NJ 07059 CONSULTANT-IT 9645455 CAPITAL COURIER SERVICES LLC 2100 BARRETT PARK DR STE 505 KENNESAW GA 30144 COURIER SERVICE 9358214 376 19985486 13734241 54255784 831150868 16877496 919126379 BIOMEDICAL PRODUCTS/SR 541900 2011917984 2011917984 OTHER PRODUCTS/SRVCS 900099 156006888 156006888 2167924872 76827242 -568881 77396123 25402149 0 25402149 25402149 25402149 454390210 8620495 454391512 3228276 -1302 5392219 5390917 5390917 3103039 13734241 3952668 -849629 -849629 OTHER MISC. REVENUE 900099 23255681 16055681 7200000 23255681 3217077611 2183980553 6631119 107339560 178511706 178511706 86040732 86040732 5947262 1192016 4246946 508300 1182370329 1049000871 45115515 88253943 96553377 85363480 3978826 7211071 155804306 137747619 6420472 11636215 87718348 77552373 3614747 6551228 6205564 1192244 4852204 161116 2301036 1604219 606776 90041 260745 178610 10951 71184 452216 452216 213772820 156638365 13110052 44024403 18497293 16845886 531188 1120219 100868356 98444503 1210290 1213563 56736668 49243732 5386346 2106590 67376935 57879936 5687352 3809647 66215742 63396721 1078334 1740687 4204514 2998749 241888 963877 22447533 20681007 630621 1135905 81325558 75837445 879598 4608515 42764602 38735791 1440322 2588489 BIOMED SUP/BLOOD TESTS 455695632 455695632 OTHER PROGRAM SUPPLIES 35705599 33895601 560185 1249813 OTHER ASSISTANCE 3330016 2524585 464986 340445 2971106889 2691201823 100067599 179837467 292369404 61909246 470945631 764277980 55660462 52502795 244558803 253440731 59996101 61511308 381371970 423289360 1719777177 992418289 728098719 727358888 869392157 989702660 646576000 568395000 123212628 125933165 3872181875 4028321133 354043027 317597402 334041 517315807 512708726 300198902 178020074 1171891777 1008326202 X 1016509067 1370457094 1683781031 1649537837 2700290098 3019994931 3872181875 4028321133 X 245970722 -22629095 96363206 X 0 1 X 1 1 1 X 817365759 887785755 962942913 1060031161 919126378 4647251966 817365759 887785755 962942913 1060031161 919126378 4647251966 31039059 4616212907 77336123 69704977 89187158 74342075 102126378 412696711 4572337 2092433 3241475 2175535 3103039 15184819 5075133496 9996765269 0.90960 0.91300 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING AND MISC - 2018 AMOUNT: $ 4,572,337. 2019 AMOUNT: $ 2,092,433. 2020 AMOUNT: $ 3,241,475. 2021 AMOUNT: $ 2,175,535. 2022 AMOUNT: $ 3,103,039. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 1 260745 0 0 260745 0 PART II-B, LINE 1: THE AMERICAN RED CROSS DOES NOT CONTRIBUTE TO OR PARTICIPATE IN ELECTION CAMPAIGNS. IT DOES NOT ENDORSE CANDIDATES FOR ELECTIVE OFFICE, NOR DOES IT PUBLISH OR DISTRIBUTE INFORMATION THAT DIRECTLY OR INDIRECTLY ENDORSES OR OPPOSES A CANDIDATE. THE AMERICAN RED CROSS PARTICIPATES IN LOBBYING AND OTHER PUBLIC POLICY ADVOCACY ACTIVITIES AT THE FEDERAL AND STATE LEVELS (WITHIN THE LIMITS SET BY IRS REGULATIONS) ON ISSUES THAT ARE RELATED TO THE ORGANIZATION'S MISSION INCLUDING: BIOMEDICAL SERVICES; HOMELAND SECURITY, AND ALL HAZARDS PREPAREDNESS AND RESPONSE; PUBLIC HEALTH AND SAFETY; EMERGENCY COMMUNICATION SERVICES TO THE ARMED FORCES; INTERNATIONAL SERVICES; AND THE REGULATION OF NONPROFIT ORGANIZATIONS. THESE ACTIVITIES INCLUDE PREPARING AND PRESENTING WRITTEN AND ORAL TESTIMONY AT LEGISLATIVE HEARINGS AT THE FEDERAL AND STATE LEVEL; COMMUNICATING WITH POLICYMAKERS AND THEIR STAFFS THROUGH MEETINGS AND BRIEFINGS, AND ISSUING PUBLIC STATEMENTS RELATED TO PENDING LEGISLATION AND REGULATION. 1236904039 14322000 20319000 47151000 1224404039 1272232039 12561000 -863000 47026000 1236904039 1034439039 28013000 273039000 63259000 1272232039 1013098039 24587000 34653000 37899000 1034439039 968352039 19975000 61818000 37047000 1013098039 1.00000 0 0 94208110 94208110 988779673 548606181 440173492 95360846 71895816 23465030 470011851 371916292 98095559 71416697 71416697 727358888 28075000 F ALTERNATIVE INVESTMENTS 464584000 F EQUITY METHOD INVESTMENTS 75736000 C 568395000 POST-RETIREMENT BENEFIT 38932133 INSURANCE (LOSS RESERVES & CLAIMS) 85450999 SPLIT INTEREST AGREEMENT LIABILITY 34000000 MISC LIABILITIES 19636942 178020074 X PART III, LINE 1A: THE AMERICAN RED CROSS ELECTED NOT TO INCLUDE THE VALUE OF THE ART ON THE BALANCE SHEET UNDER FASB 116. PART V, LINE 4: ENDOWMENT FUNDS IN ACCORDANCE WITH ITS CONGRESSIONAL CHARTER, THE AMERICAN RED CROSS HAS MAINTAINED AN ENDOWMENT FUND SINCE 1905 WHICH IS KEPT AND INVESTED UNDER THE MANAGEMENT AND CONTROL OF A BOARD OF TRUSTEES ELECTED BY THE BOARD OF GOVERNORS. THE BYLAWS OF THE ORGANIZATION STATE THAT WHENEVER A GIFT IS DESIGNATED BY THE DONOR TO BE PERMANENTLY RETAINED, THE GIFT SHALL BE RECEIVED AND HELD IN THE ENDOWMENT FUND. THE AMERICAN RED CROSS MAKES DISTRIBUTIONS FROM INCOME EARNED ON THE ENDOWMENT FUND FOR CURRENT OPERATIONS. PART X, LINE 2: OTHER LIABILITIES ASC 740 (FORMER FIN 48) THE AMERICAN NATIONAL RED CROSS IS A NOT-FOR-PROFIT ORGANIZATION INCORPORATED BY THE U.S. CONGRESS THROUGH THE ISSUANCE OF A FEDERAL CHARTER. THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. AT JUNE 30, 2023 AND 2022, THE ORGANIZATION HAD DETERMINED THAT NO INCOME TAXES ARE DUE FOR SUCH ACTIVITIES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. MANAGEMENT ANNUALLY REVIEWS ITS TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS. 1 CENTRAL AMERICA AND THE CARIBBEAN 1 1 PROGRAM SERVICES RESPONSE & PREPAREDNESS 2354035 EAST ASIA AND THE PACIFIC 19 37 PROGRAM SERVICES RESPONSE, PREPAREDNESS & MEASLES 5960705 EUROPE (INCLUDING ICELAND AND GREENLAND) 30 60 PROGRAM SERVICES RESPONSE & PREPAREDNESS 66982257 MIDDLE EAST AND NORTH AFRICA 5 9 PROGRAM SERVICES RESPONSE & PREPAREDNESS 2796669 NORTH AMERICA PROGRAM SERVICES RESPONSE, PREPAREDNESS & MEASLES 2719040 RUSSIA AND NEIGHBORING STATES PROGRAM SERVICES RESPONSE & PREPAREDNESS 247500 SOUTH AMERICA PROGRAM SERVICES RESPONSE & PREPAREDNESS 48771 SOUTH ASIA 1 1 PROGRAM SERVICES RESPONSE & PREPAREDNESS 2216246 SUB-SAHARAN AFRICA 1 1 PROGRAM SERVICES MEASLES & RESPONSE 5199784 EUROPE (INCLUDING ICELAND AND GREENLAND) INVESTMENTS 20937838 56 108 1 1 57 109 83325223 26137622 109462845 CENTRAL AMERICA AND THE CARIBBEAN DISASTER PREPAREDNESS 760012 WIRE 0 CENTRAL AMERICA AND THE CARIBBEAN DISASTER RESPONSE 50000 WIRE 0 CENTRAL AMERICA AND THE CARIBBEAN DISASTER PREPAREDNESS 326207 WIRE 0 CENTRAL AMERICA AND THE CARIBBEAN DISASTER RESPONSE 429127 WIRE 0 CENTRAL AMERICA AND THE CARIBBEAN DISASTER PREPAREDNESS 162046 WIRE 0 CENTRAL AMERICA AND THE CARIBBEAN DISASTER RESPONSE 626643 WIRE 0 EAST ASIA AND THE PACIFIC DISASTER PREPAREDNESS 264612 WIRE 0 EAST ASIA AND THE PACIFIC DISASTER PREPAREDNESS 97529 WIRE 0 EAST ASIA AND THE PACIFIC DISASTER PREPAREDNESS 665225 WIRE 0 EAST ASIA AND THE PACIFIC DISASTER RESPONSE 55259 WIRE 0 EAST ASIA AND THE PACIFIC MEASLES 153036 WIRE 0 EAST ASIA AND THE PACIFIC DISASTER PREPAREDNESS 83711 WIRE 0 EAST ASIA AND THE PACIFIC DISASTER PREPAREDNESS 364731 WIRE 0 EAST ASIA AND THE PACIFIC DISASTER PREPAREDNESS 315752 WIRE 0 EAST ASIA AND THE PACIFIC DISASTER PREPAREDNESS 296382 WIRE 0 EAST ASIA AND THE PACIFIC DISASTER PREPAREDNESS 38810 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) DISASTER RESPONSE 3000000 WIRE 0 MIDDLE EAST AND NORTH AMERICA DISASTER RESPONSE 2000000 WIRE 0 NORTH AMERICA DISASTER PREPAREDNESS 138060 WIRE 0 NORTH AMERICA DISASTER PREPAREDNESS 355000 WIRE 0 NORTH AMERICA DISASTER PREPAREDNESS 965388 WIRE 0 NORTH AMERICA DISASTER RESPONSE 30055 WIRE 0 NORTH AMERICA MEASLES 1200000 WIRE 0 NORTH AMERICA DISASTER PREPAREDNESS 5037 WIRE 0 NORTH AMERICA DISASTER RESPONSE 20000 WIRE 0 NORTH AMERICA DISASTER PREPAREDNESS 5500 WIRE 0 RUSSIA AND NEIGHBORING DISASTER RESPONSE 247500 WIRE 0 SOUTH AMERICA DISASTER PREPAREDNESS 48771 WIRE 0 SOUTH ASIA DISASTER PREPAREDNESS 712657 WIRE 0 SOUTH ASIA DISASTER RESPONSE 331020 WIRE 0 SOUTH ASIA DISASTER PREPAREDNESS AND RESPONSE 114689 WIRE 0 SOUTH ASIA DISASTER PREPAREDNESS 414421 WIRE 0 SOUTH ASIA DISASTER RESPONSE 590000 WIRE 0 SOUTH ASIA DISASTER RESPONSE 53549 WIRE 0 SUB-SAHARAN AFRICA DISASTER RESPONSE 250000 WIRE 0 SUB-SAHARAN AFRICA MEASLES 178523 WIRE 0 SUB-SAHARAN AFRICA DISASTER RESPONSE 225000 WIRE 0 SUB-SAHARAN AFRICA DISASTER RESPONSE 360000 WIRE 0 SUB-SAHARAN AFRICA MEASLES 212658 WIRE 0 SUB-SAHARAN AFRICA DISASTER RESPONSE 3798601 WIRE 0 SUB-SAHARAN AFRICA MEASLES 175001 WIRE 0 EAST ASIA AND THE PACIFIC DISASTER PREPAREDNESS 778355 WIRE 0 EAST ASIA AND THE PACIFIC DISASTER RESPONSE 49865 WIRE 0 EAST ASIA AND THE PACIFIC DISASTER PREPAREDNESS 24435 WIRE 0 EAST ASIA AND THE PACIFIC DISASTER RESPONSE 155000 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) DISASTER PREPAREDNESS 145105 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) DISASTER RESPONSE 2779151 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) DISASTER RESPONSE 1930722 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) DISASTER PREPAREDNESS 860947 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) DISASTER RESPONSE 33433427 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) DISASTER PREPAREDNESS 33287 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) DISASTER RESPONSE 6767824 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) DISASTER RESPONSE 5355809 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) DISASTER RESPONSE 3456104 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) DISASTER RESPONSE 3930018 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) DISASTER PREPAREDNESS 100000 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) DISASTER RESPONSE 52132 WIRE 0 41 0 1 0 0 1 1 0 PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS OUTSIDE THE U.S.: THE INTERNATIONAL SERVICES DEPARTMENT OF THE AMERICAN RED CROSS HAS ESTABLISHED STANDARD OPERATING PROCEDURES THAT INCLUDE DUE DILIGENCE PRIOR TO AWARDING FUNDS TO A SUB-RECIPIENT. THIS DUE DILIGENCE IS A REVIEW OF THE PROGRAMMATIC, STRUCTURAL, AND FINANCIAL HEALTH OF THE ORGANIZATION AND AN ANALYSIS OF THE RISK LEVEL OF AWARDING FUNDS. THIS RISK LEVEL DICTATES PROCEDURES TO MITIGATE THOSE RISKS, INCLUDING THE LEVEL OF DETAIL AND TIMING OF FINANCIAL AND NARRATIVE REPORTS, DURING THE TERM OF THE AWARD. THESE FINANCIAL AND NARRATIVE REPORTS ARE REVIEWED AND, IN CONJUNCTION WITH ANY OTHER IDENTIFIED MITIGATING ACTIVITIES, A DECISION IS MADE TO "ACCEPT" THE REPORTS AND WHETHER TO CONTINUE PROVIDING FUNDS FOR THE AWARD. AT THE END OF THE AWARD TERM, A FINAL REVIEW OF PROGRAMMATIC AND FINANCIAL REQUIREMENTS IS PERFORMED TO ENSURE THE SUB-RECIPIENT MET ITS OBLIGATIONS UNDER THE AWARD. THIS REVIEW FEEDS INTO FUTURE AWARD DECISIONS WITH THE SUB-RECIPIENT. THE RED CROSS ALWAYS RESERVES THE RIGHT TO PERFORM ADDITIONAL REVIEW AND AUDIT OF ANY GRANT FUNDS. PART III ACCOUNTING METHOD: X X X X X X X 1 TELEFUND INC 186 LINCOLN STREET BOSTON MA 02111 PHONE/EMAIL 0 13505292 92216 13413076 MDS COMMUNICATION COPORATION 545 W JUANITA AVE MESA AZ 85210 PHONE 0 4585093 310000 4275093 ACTIVATE HQ INC AN ALLTRUI COMPANY PO BOX 328 PECONIC NY 11958 CONSLTS/ADVISOR 0 0 50000 0 18090385 452216 17688169 HEROES BREAKFAST 1621664 1574420 47244 2414 1700 48974 INT'L RED CROSS BALL 1394600 1045174 349426 3769 137828 50000 80640 77190 73 13821016 11114647 2706369 275 100459 1203293 1305048 553465 387613 16837280 13734241 3103039 275 106642 1342821 1404022 634105 464803 3952668 -849629 PART I, LINE 3 THE AMERICAN RED CROSS WAS CHARTED BY SPECIAL ACT OF CONGRESS ON JANUARY 5, 1905, AND IS A FEDERAL INSTRUMENTALITY OF THE UNITED STATES. SEE 36 U.S.C. SECTIONS 300101-300111. AS A FEDERAL INSTRUMENTALITY, IT IS EXEMPT FROM STATE LAW CHARITABLE REGISTRATION AND LICENSING REQUIREMENTS, SEE DEPARTMENT OF EMPLOYMENT V. UNITED STATES, 385 U.S. 355 (1966), AND IT THEREFORE IS REGISTERED OR EXEMPT FROM REGISTRATION IN ALL STATES. 1 DISASTER RELIEF PAYMENTS AND EMERGENCIES 178511706 SCHEDULE I, PART I, LINE 2: THE AMERICAN RED CROSS RESPONDS TO MORE THAN 60,000 DISASTERS LARGE AND SMALL PER YEAR. DISASTER RESPONSE AT THE RED CROSS HAS ESTABLISHED PROCEDURES FOR PROVIDING FINANCIAL AND MATERIAL ASSISTANCE TO CLIENTS. DURING THE EMERGENCY PHASE, THE RED CROSS PROVIDES ASSISTANCE IN THE FORM OF MASS CARE (E.G., FEEDING AND SHELTERING) BASED ON NEEDS. AS WE MOVE TOWARDS THE RECOVERY PHASE, THE RED CROSS PROVIDES INDIVIDUAL ASSISTANCE BASED ON VERIFIED NEED AND IDENTIFICATION THROUGH CASE MANAGEMENT. THE RED CROSS PLACES CONTROL PROCEDURES AROUND MONITORING THE USE OF FINANCIAL ASSISTANCE IN THE UNITED STATES. DURING THE RECOVERY PHASE, THE RED CROSS PARTNERS WITH OTHER ORGANIZATIONS TO SUPPORT THE COMMUNITY. ADDITIONALLY, THE RED CROSS CONDUCTS DISASTER PREPAREDNESS PROGRAMS INCLUDING THE INSTALLATION OF SMOKE ALARMS AND YOUTH PREPAREDNESS EDUCATION. SCHEDULE I, PART II: GRANTS AND ASSISTANCE TO OTHER DOMESTIC ORGANIZATIONS THE AMERICAN RED CROSS DOES GIVE MONEY TO OTHER DOMESTIC ORGANIZATIONS IN ORDER TO LEVERAGE OTHER ORGANIZATIONS' EXPERTISE OR ACCESS INDIVIDUALS/CLIENTS WHO NEED OUR ASSISTANCE, AND AT TIMES, AS A VEHICLE TO PROVIDE ASSISTANCE TO INDIVIDUAL VICTIMS OF DOMESTIC DISASTERS/EMERGENCIES. THE AMOUNTS GIVEN TO OTHER ORGANIZATIONS ARE INCLUDED AND DISCLOSED WITHIN THE GRANTS OR OTHER ASSISTANCE TO OR FOR DOMESTIC INDIVIDUALS IN SCHEDULE I, PART III. THE RED CROSS GRANTS AND OTHER ASSISTANCE FOR THE VICTIMS OF DOMESTIC DISASTERS AND EMERGENCIES ARE PREDOMINANTLY GIVEN IN THE FORM OF DIRECT ASSISTANCE TO INDIVIDUALS BY THE RED CROSS VIA ITS OWN ESTABLISHED DISTRIBUTION CHANNELS. SCHEDULE I, PART IV: DISBURSEMENT IN FURTHERANCE OF CHARITABLE PROGRAMS AND GRANTS PURSUANT TO THE CONGRESSIONAL CHARTER OF THE AMERICAN RED CROSS (36 U.S.C. 3 FIFTH), THE ORGANIZATION CARRIES OUT A SYSTEM OF NATIONAL AND INTERNATIONAL RELIEF TO MITIGATE OR PREVENT SUFFERING CAUSED BY DISASTERS. DISASTER VICTIMS QUALIFY TO RECEIVE SUCH ASSISTANCE BASED ON EITHER OBVIOUS CIRCUMSTANCES, SUCH AS APPARENT NEED FOR FOOD, CLOTHING OR SHELTER, OR A CASEWORK PROCESS IN WHICH THE NATURE AND EXTENT OF THE DISASTER-CAUSED NEEDS FOR THE RED CROSS AID ARE DETERMINED IN THE LIGHT OF OTHER AVAILABLE RESOURCES. CONTRIBUTIONS TO OTHER ORGANIZATIONS CONSIST PRIMARILY OF THOSE MADE TO THE INTERNATIONAL FEDERATION OF RED CROSS AND RED CRESCENT SOCIETIES AND NATIONAL RED CROSS SOCIETIES OF OTHER COUNTRIES. CONTRIBUTIONS MAY BE MADE FOR A VARIETY OF PURPOSES, INCLUDING REGULAR FINANCIAL SUPPORT AND DISASTER RELIEF ASSISTANCE. THE RED CROSS HAS ONGOING RELATIONSHIPS WITH ALL SUCH RED CROSS ORGANIZATIONS WHICH ARE GOVERNED BY HUMANITARIAN PRINCIPLES AND QUALIFY FOR SUCH ASSISTANCE. DURING DOMESTIC AND INTERNATIONAL DISASTERS, THE RED CROSS WORKS CLOSELY WITH OTHER ORGANIZATIONS INCLUDING GOVERNMENT, NON-GOVERNMENT NON-PROFIT ORGANIZATIONS, AND CORPORATIONS. THE RED CROSS MAY WRITE GRANTS TO NON-PROFIT ORGANIZATIONS DURING LARGE DISASTERS THROUGH A SYSTEMATIC PROCESS. PURSUANT TO ITS CONGRESSIONAL CHARTER (36 U.S.C. 3 FOURTH), THE RED CROSS ALSO ACTS IN MATTERS OF VOLUNTARY RELIEF AND IN ACCORD WITH THE MILITARY AUTHORITIES TO PROVIDE COMMUNICATIONS AND WELFARE ASSISTANCE TO MEMBERS OF THE ARMED FORCES OF THE UNITED STATES, THEIR FAMILIES AND VETERANS. ASSISTANCE TO THIS GROUP IS DETERMINED GENERALLY ON THE BASIS OF THEIR MILITARY, VETERAN OR DEPENDENT STATUS AND THE PARTICULAR NEEDS RELATED THERETO AS REVEALED THROUGH CASEWORK AND SIMILAR MEANS. X X X X X X 0 0 0 0 0 0 0 1 1 1 GAIL MCGOVERN PRESIDENT & CEO 653192 0 197663 0 8405 0 12200 0 1751 0 873211 0 0 0 CLIFFORD HOLTZ CHIEF OPERATING OFFICER 599583 0 146626 0 3605 0 12200 0 18871 0 780885 0 0 0 CHRIS HROUDA PRESIDENT OF BIOMEDICAL SERVICES 590408 0 103486 0 2443 0 12200 0 19963 0 728500 0 0 0 SHAUN GILMORE CHIEF TRANSFORMATION OFFICER 519380 0 95344 0 5205 0 12200 0 18695 0 650824 0 0 0 BRIAN RHOA CHIEF INVESTMENT OFFICER 466809 0 120788 0 22642 0 12200 0 15750 0 638189 0 0 0 PAUL SULLIVAN SVP, COLLECTIONS 395915 0 72344 0 1050 0 10448 0 15778 0 495535 0 0 0 JACK MCMASTER PRESIDENT OF TRAINING SERVICES 371886 0 84871 0 2954 0 9378 0 18401 0 487490 0 0 0 ANNE MCKEOUGH CHIEF DEVELOPMENT OFFICER 370528 0 69423 0 23232 0 11840 0 9784 0 484807 0 0 0 MELISSA HURST CHIEF HUMAN RESOURCES OFFICER 334116 0 89671 0 21380 0 12200 0 23293 0 480660 0 0 0 PHYLLIS HARRIS GENERAL COUNSEL 371429 0 67177 0 2655 0 12200 0 23930 0 477391 0 0 0 DOMINICK TOLLI SVP, PRODUCT MGMNT AND PLATFORM DEV 316916 0 95387 0 2193 0 12200 0 21364 0 448060 0 0 0 ROSEMARY MCGILLAN CHIEF, MARKETING/COMMUNICATION OFFIC 334917 0 62910 0 5063 0 8246 0 18920 0 430056 0 0 0 TREVOR RIGGEN PRESIDENT OF HUMANITARIAN SERVICES 319350 0 39032 0 511 0 10912 0 20934 0 390739 0 0 0 CARMEL DARCY CHIEF FINANCIAL OFFICER 334127 0 0 0 1317 0 11631 0 9648 0 356723 0 0 0 JENNIFER HAWKINS CORPORATE SECRETARY & CHIEF OF STAFF 227223 0 43646 0 18128 0 10050 0 8429 0 307476 0 0 0 PART I, LINE 7 THE AMOUNTS SHOWN IN PART II, COLUMN B (II) FOR THE PRESIDENT & CEO, THE PRESIDENT BIOMEDICAL SERVICES, GENERAL COUNSEL, THE CHIEF DEVELOPMENT OFFICER, AND THE PRESIDENT HUMANITARIAN SERVICES WERE PAID BASED ON WRITTEN VARIABLE INCENTIVE PLANS, PRIOR FISCAL YEAR PERFORMANCE AND WERE APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD. THE AMOUNTS SHOWN IN PART II, COLUMN B (II) FOR THE CHIEF OPERATING OFFICER, THE CHIEF INVESTMENT OFFICER (BRIAN RHOA, FORMER CHIEF FINANCIAL OFFICER), AND THE CHIEF HUMAN RESOURCES OFFICER, WERE PAID BASED ON WRITTEN VARIABLE INCENTIVE PLANS, PRIOR FISCAL YEAR PERFORMANCE AND INCLUDE DISCRECTIONARY SPOT BONUSES AND WERE APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD. ALL VARIABLE INCENTIVE PLAN PAYOUTS WERE REVIEWED BY AN OUTSIDE INDEPENDENT COMPENSATION CONSULTANT AND WERE DOCUMENTED IN THE MINUTES OF THE COMMITTEE, ALL IN ACCORDANCE WITH THE REQUIREMENTS FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER IRC SECTION 4958. THE AMOUNT SHOWN IN PART II, COLUMN B(II) FOR THE CHIEF TRANSFORMATION OFFICER, THE CHIEF MARKETING OFFICER, AND THE CORPORATE SECRETARY & CHIEF OF STAFF WERE PAID BASED ON A WRITTEN VARIABLE INCENTIVE PLAN, PRIOR FISCAL YEAR PERFORMANCE AND WERE APPROVED BY THE PRESIDENT & CEO. THE AMOUNT SHOWN IN PART II, COLUMN B(II) FOR THE SVP COLLECTIONS WAS BASED ON A WRITTEN INCENTIVE PLAN, PRIOR FISCAL YEAR PERFORMANCE AND WAS APPROVED BY THE PRESIDENT BIOMEDICAL SERVICES. THE AMOUNT SHOWN IN PART II, COLUMN B (II) FOR THE PRESIDENT, TRAINING SERVICES WAS PAID BASED ON A WRITTEN INCENTIVE PLAN, PRIOR FISCAL YEAR PERFORMANCE AND WAS APPROVED BY THE CHIEF OPERATING OFFICER. THE AMOUNT SHOWN IN PART II, COLUMN B(II) FOR THE SVP PRODUCT MANAGEMENT & PLATFORM DEVELOPMENT WAS BASED ON A WRITTEN INCENTIVE PLAN, PRIOR FISCAL YEAR PERFORMANCE AND WAS APPROVED BY THE PRESIDENT TRAINING SERVICES. PART I, LINE 8 THE AMERICAN RED CROSS HAS ONE (1) EMPLOYEE LISTED ON PART VII WHO IS COVERED BY REG. SECTION 53.4958-4 (A)(3), THE PRESIDENT & CEO. THE ORIGINAL BASE SALARY AMOUNT PAID TO THE PRESIDENT & CEO IS COVERED BY THIS PROVISION AND ANY SUBSEQUENT ANNUAL INCREASES OR OTHER SALARY PAYMENTS ARE DETERMINED BY THE BOARD OF GOVERNORS FOLLOWING A REVIEW BY THE COMPENSATION COMMITTEE OF THE BOARD, AND WERE BASED ON COMPARABLE MARKET DATA AND SUPPORTED BY THE OPINION OF AN OUTSIDE INDEPENDENT COMPENSATION CONSULTANT AND WERE DOCUMENTED IN THE MINUTES OF THE COMMITTEE, ALL IN ACCORDANCE WITH THE REQUIREMENTS FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER IRC SECTION 4958. X 2900202 FMV X 240000 FMV X 6012881 FMV X 1131887 FMV X VARIOUS 0 6592526 FMV 6 0 1 1 PART I, LINE 32B: THE AMERICAN RED CROSS USES THIRD-PARTY VENDORS FOR ITS VEHICLE DONATION, CLOTHING DONATION, AND HOUSEHOLD ITEM DONATION PROGRAMS. THE VENDORS SOLICIT, PROCESS, AND SELL THE DONATED GOODS. FORM 990, PART III, LINE 4A, DESCRIPTION OF PROGRAM SERVICE: BIOMEDICAL SERVICES: THE ORGANIZATION COLLECTS, PROCESSES AND DISTRIBUTES APPROXIMATELY 40 PERCENT OF THE NATION'S BLOOD SUPPLY. IN FISCAL YEAR 2023, THE ORGANIZATION COLLECTED OVER 4.4 MILLION PRODUCTIVE UNITS OF BLOOD FROM MORE THAN 2.4 MILLION DONORS AND SUPPLIED APPROXIMATELY 2,500 HOSPITALS AND OTHER FACILITIES WITH BLOOD AND BLOOD PRODUCTS FOR TRANSFUSION. FORM 990, PART III, LINE 4B, DESCRIPTION OF PROGRAM SERVICE: DOMESTIC DISASTER SERVICES: THE ORGANIZATION RESPONDED TO MULTIPLE LARGE-SCALE DISASTERS IN FISCAL YEAR 2023. IN SEPTEMBER 2022 THE AMERICAN RED CROSS RESPONDED TO HURRICANE IAN, WHICH DEVASTATED COMMUNITIES IN FLORIDA. IN ADDITION, THE RED CROSS RESPONDED TO FLOODING IN MISSOURI AND KENTUCKY (JULY), TYPHOON MERBOK IN ALASKA AND HURRICANE FIONA THAT DRENCHED PUERTO RICO (SEPTEMBER), A SERIES OF THIRTEEN BACK-TO-BACK ATMOSPHERIC RIVERS FLOODING CALIFORNIA (DECEMBER 2022 MARCH 2023). IN 2023, THE RED CROSS RESPONDED TO TORNADOES AFFECTING THE SOUTH AND MIDWEST (MARCH), CATASTROPHIC FLOODING AND TORNADOES IN THE MIDWEST, NORTHEAST AND MID-ATLANTIC REGIONS (APRIL) AND TYPHOON MAWAR IN GUAM (MAY). ADDITIONALLY, THE RED CROSS HAS ONGOING RECOVERY OPERATIONS IN MANY STATES, INCLUDING STATES IMPACTED BY FLOODING, HURRICANES, AND WILDFIRES. THROUGH ITS NETWORK OF VOLUNTEERS AND EMPLOYEES IN ALL 50 STATES, THE RED CROSS RESPONDS TO MORE THAN 60,000 DISASTERS BIG AND SMALL PER YEAR, MOST OF WHICH ARE SINGLE AND MULTI-FAMILY HOME FIRES. THE ORGANIZATION PROVIDES FOOD, SHELTER, EMERGENCY RELIEF ITEMS, EMERGENCY ASSISTANCE, DISASTER HEALTH SERVICE, CRISIS INTERVENTIONS AND COMMUNITY MENTAL-HEALTH DEBRIEFINGS AND/OR OTHER RELATED EMERGENCY CARE TO PERSONS IN NEED. FOR INDIVIDUALS AND COMMUNITIES AFFECTED BY DISASTERS, THE SERVICES OF THE RED CROSS BEGIN WITH SAFE SHELTER AND CONTINUE WITH SUPPORT FOR INDIVIDUALS AND FAMILIES RECOVERING FROM DISASTERS. AS PART OF A NATIONAL HOME FIRE CAMPAIGN, THE RED CROSS INSTALLED MORE THAN 230,000 SMOKE ALARMS AND TAUGHT MORE THAN 222,000 YOUTH ABOUT PREPAREDNESS IN FY23. THE OVERALL GOAL OF THE CAMPAIGN IS TO REDUCE THE LOSS OF LIFE DUE TO HOME FIRES. AS OF JUNE 30, 2023, THE RED CROSS CAN CONFIRM AT LEAST 1,893 LIVES HAVE BEEN SAVED AS THE RESULT OF THE HOME FIRE CAMPAIGN. PREPAREDNESS: THE RED CROSS SUPPORTS PUBLIC PREPAREDNESS THROUGH A COMBINATION OF NEW TECHNOLOGY, EDUCATION AND AWARENESS CAMPAIGNS, AND DIRECT ACTION: * OUR HOME FIRE CAMPAIGN INCLUDES A COMPONENT IN WHICH VOLUNTEERS AND PARTNER ORGANIZATIONS GO DOOR-TO-DOOR TO INSTALL SMOKE ALARMS AND PROVIDE FIRE-SAFETY EDUCATION IN AT-RISK HOMES NATIONWIDE. * OUR MESSAGING AND EDUCATIONAL CAMPAIGNS INCLUDE PUBLIC TIPS ON STAYING SAFE, PRESENTATIONS TO COMMUNITY GROUPS, AND EDUCATION OF YOUTH IN SCHOOL AND AFTER SCHOOL AROUND HOW THEY CAN BE SAFE. * OUR EMERGENCY! APP PROVIDES STATE-OF-THE ART INFORMATION ON WHAT TO DO TO KEEP YOURSELF AND YOUR FAMILY SAFE FROM COMMON HAZARDS. OUR READY RATING WEBSITE PROVIDES SMALL AND MIDSIZED BUSINESSES WITH AN AUTOMATED, CUSTOMIZED ASSESSMENT OF THEIR DISASTER READINESS AND RECOMMENDATIONS FOR IMPROVEMENT. FORM 990, PART III, LINE 4C, DESCRIPTION OF PROGRAM SERVICE: TRAINING SERVICES: THE AMERICAN RED CROSS TRAINING SERVICES PROVIDES TRAINING PROGRAMS THAT HELP SAVE LIVES AND STRENGTHEN COMMUNITIES--IMPARTING HOPE AND CONFIDENCE ALONG WITH PRACTICAL SKILLS. IT IS THE PREMIER PROVIDER OF EDUCATION, TRAINING, AND PRODUCTS THAT ENABLE PEOPLE TO PREVENT, PREPARE FOR AND RESPOND TO DISASTERS AND OTHER LIFE-THREATENING EMERGENCIES. THE RED CROSS EMPLOYEES, VOLUNTEERS AND TRAINING PROVIDERS HELP SUSTAIN AND DELIVER HEALTH AND SAFETY PROGRAMS AND SERVICES INCLUDING: FIRST AID/CPR/AED INFORMATION AND SKILLS BOTH FOR THE LICENSED PROFESSIONAL AND THE LAY RESPONDER; HEALTHCARE PROVIDER (BASIC LIFE SUPPORT (BLS), ADVANCED LIFE SUPPORT (ALS), AND PEDIATRIC ADVANCED LIFE SUPPORT (PALS); AQUATICS (LEARN-TO-SWIM, WATER SAFETY, LIFEGUARDING, LIFEGUARD MANAGEMENT, AND AQUATIC EXAMINER FACILITY SERVICES); AND CAREGIVING (BABYSITTER'S TRAINING AND NURSE ASSISTANT TRAINING). FORM 990, PART V, LINE 3B THE AMERICAN RED CROSS COMPLIES WITH ITS UNRELATED BUSINESS INCOME FORM 990-T RETURN FILING BY THE INTERNAL REVENUE CODE PERMITTED EXTENDED DUE DATE OF MAY 15, 2024. PER THE FORM 990 INSTRUCTIONS FOR PART V, LINE 3B, THE RED CROSS IS REQUIRED TO ANSWER 'NO' TO FILING A FORM 990-T BECAUSE IT WILL NOT FILE ITS FORM 990-T BY THE TIME IT FILES ITS FORM 990 ON MARCH 7, 2024. THE RED CROSS IS ANNUALLY AND TIMELY COMPLIANT WITH ITS FORM 990-T REQUIREMENTS. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING BOARD MEMBERS HAVE BUSINESS RELATIONSHIPS AS DESCRIBED HEREIN: (1) DAVID BRANDON AND GAIL MCGOVERN BOTH SERVE AS BOARD DIRECTORS AT THE SAME PUBLIC COMPANY, AND (2) LORENCE KIM IS A BOARD MEMBER OF A PUBLIC COMPANY FOR WHICH STEVEN COLLIS IS THE CHAIRMAN, PRESIDENT & CHIEF EXECUTIVE OFFICER. FORM 990, PART VI, SECTION A, LINE 6 AS DEFINED IN THE CONGRESSIONAL CHARTER: "MEMBERSHIP IN THE CORPORATION IS OPEN TO ALL THE PEOPLE OF THE UNITED STATES AND ITS TERRITORIES AND POSSESSIONS, ON PAYMENT OF AN AMOUNT SPECIFIED, OR AS OTHERWISE PROVIDED IN THE BYLAWS." FORM 990, PART VI, SECTION A, LINE 7A DELEGATES OF THE CHAPTERS ELECT ALL MEMBERS OF THE GOVERNING BODY EXCEPT THE CHAIRMAN OF THE BOARD OF GOVERNORS WHO IS APPOINTED BY THE PRESIDENT OF THE UNITED STATES. AS MANDATED IN THE CONGRESSIONAL CHARTER, SECTION 4(A)(3)(B)(I): "MEMBERS OF THE BOARD OF GOVERNORS OTHER THAN THE CHAIRMAN SHALL BE ELECTED AT THE ANNUAL MEETING OF THE CORPORATION IN ACCORDANCE WITH SUCH PROCEDURES AS MAY BE PROVIDED IN THE BYLAWS." FORM 990, PART VI, SECTION B, LINE 11B THE COMPENSATION AND MANAGEMENT DEVELOPMENT COMMITTEE REVIEWED THE COMPENSATION PORTIONS OF THE IRS FORM 990 (PART VII AND SCHEDULE J) DURING A MEETING HELD ON OCTOBER 25, 2023. A COPY OF THE FINAL FORM 990 WAS SUBMITTED TO EACH MEMBER OF THE BOARD OF GOVERNORS BEFORE IT WAS FILED WITH THE IRS. THE MANAGEMENT REVIEW PROCESS ENTAILS THE CHIEF FINANCIAL OFFICER COORDINATING THE COMPLETION OF THE IRS FORM 990 WITH THE GENERAL COUNSEL AND THE CHIEF HUMAN RESOURCES OFFICER FOR FINAL REVIEW BY THE PRESIDENT AND CEO. FORM 990, PART VI, SECTION B, LINE 12C AS REQUIRED BY SECTION 2.3(A) OF THE AMENDED AND RESTATED BYLAWS OF THE AMERICAN RED CROSS, ALL MEMBERS OF THE BOARD OF GOVERNORS MUST ANNUALLY REVIEW AND CERTIFY THE CODE OF BUSINESS ETHICS AND CONDUCT ("THE CODE"). ADDITIONALLY, TO DISCLOSE AND REMEDY ACTUAL OR PERCEIVED BUSINESS, FINANCIAL OR PERSONAL CONFLICTS OF INTEREST, EVERY MEMBER OF THE BOARD OF GOVERNORS MUST ALSO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE (THE "QUESTIONNAIRE") ANNUALLY. OTHER OFFICERS AND KEY EMPLOYEES ARE ALSO REQUIRED TO ACKNOWLEDGE RECEIPT OF THE CODE AND COMPLETE THE QUESTIONNAIRE ANNUALLY. UNDER THE DIRECTION OF THE GENERAL COUNSEL, COMPLIANCE AND ETHICS DEPARTMENT STAFF COLLECT THE EXECUTED QUESTIONNAIRE FORMS FROM THE MEMBERS OF THE BOARD OF GOVERNORS AND OTHER OFFICERS AND KEY EMPLOYEES. THE INFORMATION DISCLOSED IN THE QUESTIONNAIRE IS REVIEWED, ACTUAL OR PERCEIVED CONFLICTS OF INTEREST ARE IDENTIFIED, AND ANY NECESSARY REMEDIATION OPTIONS ARE DEVELOPED. DEPENDING ON THE MATTER, THE GENERAL COUNSEL OR A STAFF MEMBER FROM THE COMPLIANCE AND ETHICS DEPARTMENT DISCUSSES THE CONFLICT AND REMEDIATION WITH THE MEMBER OF THE BOARD OR THE OTHER OFFICER OR KEY EMPLOYEE, AND IF NECESSARY THE PRESIDENT AND CEO OR CHAIRMAN OF THE BOARD. WHERE APPROPRIATE, THE CONFLICT OF INTEREST AND REMEDIATION REGARDING A MEMBER OF THE BOARD ARE INCLUDED IN THE MINUTES OF THE RELEVANT BOARD COMMITTEE OR FULL BOARD MEETING. THE QUESTIONNAIRE IS ALSO INTENDED TO MONITOR CONFLICTS OF INTEREST ON AN ONGOING BASIS. MEMBERS OF THE BOARD AND OTHER OFFICERS AND KEY EMPLOYEES ARE EXPLICITLY INSTRUCTED THAT THEY HAVE A CONTINUING DUTY TO UPDATE THE QUESTIONNAIRE DURING THE COURSE OF THE YEAR TO REFLECT CHANGES IN ANY BUSINESS, FINANCIAL OR PERSONAL CONFLICTS OF INTEREST. THE SAME PROCESS OF REVIEW, DISCUSSION AND FOLLOW-UP ON CONFLICTS OF INTEREST AND REMEDIATION WITH THE BOARD MEMBER OR OTHER OFFICER OR KEY EMPLOYEE WOULD OCCUR WITH INTERIM DISCLOSURES. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF GOVERNORS OF THE AMERICAN RED CROSS HAS DELEGATED AUTHORITY TO THE COMPENSATION AND MANAGEMENT DEVELOPMENT COMMITTEE (THE "COMMITTEE") OF THE BOARD TO (1) REVIEW THE COMPENSATION, BENEFITS, AND INCENTIVE PROGRAM FOR THE CEO; (2) MAKE RECOMMENDATIONS TO THE BOARD FOR THE CEO'S ANNUAL SALARY, BENEFITS AND INCENTIVE PROGRAM; AND, (3) REVIEW AND MAKE DETERMINATIONS REGARDING THE COMPENSATION, BENEFITS, AND INCENTIVE PROGRAMS FOR OTHER SENIOR OFFICERS AND EXECUTIVES OF THE RED CROSS. THE COMMITTEE IS COMPOSED ENTIRELY OF BOARD MEMBERS WHO DO NOT HAVE ANY CONFLICTS OF INTEREST. ANNUALLY, THE COMMITTEE REVIEWS AND APPROVES A LIST OF EXECUTIVES WHO ARE OR MIGHT BE CONSIDERED "DISQUALIFIED PERSONS" PURSUANT TO INTERNAL REVENUE CODE ("IRC") SECTION 4958. WITH RESPECT TO THOSE PERSONS, THE COMMITTEE CONDUCTS ITS ANNUAL REVIEW OF THEIR TOTAL COMPENSATION AND BENEFITS BASED ON COMPARABLE MARKET DATA. THE COMMITTEE RETAINS AN OUTSIDE, INDEPENDENT COMPENSATION CONSULTANT TO PROVIDE MARKET DATA AND REASONABLENESS OPINIONS FOR THE DESIGNATED EXECUTIVES AND IT RELIES ON SUCH MARKET DATA AND REASONABLENESS OPINIONS IN APPROVING NEW SALARIES, BENEFITS AND PAYMENT OF BONUSES OR INCENTIVES FOR THE DESIGNATED PERSONS. THE COMMITTEE ALSO THEN DOCUMENTS ITS DECISIONS AS TO ANY CHANGES TO BE IMPLEMENTED IN COMPENSATION OR BENEFITS FOR THE DESIGNATED PERSONS. THE COMMITTEE UNDERTOOK THIS PROCESS FOR ALL OF THE OFFICERS AND KEY EMPLOYEES REPORTED IN SCHEDULE J WHO ARE CONSIDERED "DISQUALIFIED PERSONS" PURSUANT TO IRC SECTION 4958. FORM 990, PART VI, SECTION C, LINE 19 THE AMERICAN RED CROSS MAKES ITS GOVERNING DOCUMENTS, INCLUDING THE CODE OF BUSINESS ETHICS AND CONDUCT, CONFLICT OF INTEREST QUESTIONNAIRE, AND THE CONSOLIDATED FINANCIAL STATEMENTS, AVAILABLE TO THE PUBLIC ON THE GOVERNANCE PAGE OF ITS WEBSITE, WWW.REDCROSS.ORG. FORM 990, PART XI, LINE 9: PRIMARILY, THIS AMOUNT REPRESENTS EMPLOYEE RETIREMENT PENSION AND POST-RETIREMENT BENEFIT PLAN GAIN PER PROVISION OF ASC 715 (FORMER FASB 87 AND 106) IN THE AMOUNT OF $96,363,206. ARC RECEIVABLES COMPANY LLC 1730 E STREET NW SUITE 330 WASHINGTON DC 20006 141934462 SECURITIZE AR DE 0 0 N/A POOLED INCOME FUND (2) 431 18TH STREET NW WASHINGTON DC 20006 SPLIT INTR AG DC N/A T 0 CHARITABLE REMAINDER TRUST (17) 431 18TH STREET NW WASHINGTON DC 20006 SPLIT INTR AG DC N/A T 0 PERPETUAL TRUST (52) 431 18TH STREET NW WASHINGTON DC 20006 SPLIT INTR AG DC N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SCHEDULE R, PART I, LINE 1 ARC RECEIVABLE LLC. IN DECEMBER 2022, THE ORGANIZATION PAID OFF THE FULL AMOUNT OF OUTSTANDING BORROWINGS UNDER THE SECURITIZATION PROGRAM, $125 MILLION, TERMINATING THE PROGRAM.