2024-11-15T17:43:21-06:00 2023-12-31 873707167 CBIZ MARKS PANETH LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2023-01-01 133840394 THE POSSE FOUNDATION INC POSS 2124051691 14 WALL STREET 8A-60 NEW YORK NY 10005 DEBORAH BIAL PRESIDENT 2124051691 2024-11-15 1 1 MAGDALENA CZERNIAWSKI P00535099 2125038800 2024-11-14 2023 2024-10-15 13:58:12Z DEBORAH BIAL 14 WALL STREET 8A-60 NEW YORK NY 10005 50174982 0 X WWW.POSSEFOUNDATION.ORG X 1989 NY POSSE STARTED BECAUSE OF ONE STUDENT WHO SAID, "I NEVER WOULD HAVE DROPPED OUT OF COLLEGE IF I HAD MY POSSE WITH ME." THE POSSE FOUNDATION, FOUNDED IN 1989, IDENTIFIES PUBLIC HIGH SCHOOL STUDENTS WITH EXTRAORDINARY ACADEMIC AND LEADERSHIP POTENTIAL WHO MAY BE OVERLOOKED BY TRADITIONAL COLLEGE SELECTION PROCESSES. THE FOUNDATION EXTENDS TO THESE STUDENTS THE OPPORTUNITY TO PURSUE PERSONAL AND ACADEMIC EXCELLENCE BY PLACING THEM IN SUPPORTIVE, MULTICULTURAL TEAMS ("POSSES") OF 10 STUDENTS. THE FOUNDATION'S PARTNER UNIVERSITIES AWARD POSSE SCHOLARS FOUR-YEAR, FULL-TUITION LEADERSHIP SCHOLARSHIPS. 48 47 252 1745 0 91378 27989200 34709348 4635307 4400100 -1787330 5954632 -213040 -265460 30624137 44798620 2143321 2360559 0 0 14641853 16804944 0 0 2864235 9193713 10355841 25978887 29521344 4645250 15277276 157695711 183001736 35879616 33340232 121816095 149661504 X THE POSSE FOUNDATION, FOUNDED IN 1989, IDENTIFIES PUBLIC HIGH SCHOOL STUDENTS WITH EXTRAORDINARY ACADEMIC AND LEADERSHIP POTENTIAL WHO MAY BE OVERLOOKED BY TRADITIONAL COLLEGE SELECTION PROCESSES. THE FOUNDATION EXTENDS TO THESE STUDENTS THE OPPORTUNITY TO PURSUE PERSONAL AND ACADEMIC EXCELLENCE BY PLACING THEM IN SUPPORTIVE, MULTICULTURAL TEAMS ("POSSES") OF 10 STUDENTS. THE FOUNDATION'S PARTNER UNIVERSITIES AWARD POSSE SCHOLARS FOUR-YEAR, FULL-TUITION LEADERSHIP SCHOLARSHIPS. 0 0 22723905 2360559 4400100 THE RECRUITMENT AND TRAINING PROGRAMS INCLUDE THE FOLLOWING SUB-PROGRAMS: RECRUITMENT, PRE-COLLEGIATE TRAINING, CAMPUS AND CAREER AND ALUMNI. FOR THE RECRUITMENT PROGRAM, FROM SEPTEMBER THROUGH DECEMBER EACH YEAR, POSSE CONDUCTS THE DYNAMIC ASSESSMENT PROCESS (DAP), A UNIQUE EVALUATION METHOD DESIGNED TO IDENTIFY YOUNG LEADERS WHO MIGHT BE MISSED BY TRADITIONAL ADMISSIONS CRITERIA, BUT WHO CAN EXCEL AT SELECTIVE COLLEGES AND UNIVERSITIES. FOR THE PRE-COLLEGIATE TRAINING PROGRAM FROM JANUARY TO AUGUST OF THEIR SENIOR YEAR IN HIGH SCHOOL POSSE SCHOLARS MEET WEEKLY WITH STAFF TRAINERS AND THEIR POSSE PEERS FOR TWO-HOUR WORKSHOPS. THE TRAINING PROGRAM CONSISTS OF WORKSHOPS THAT ADDRESS FOUR AREAS: TEAM BUILDING AND GROUP SUPPORT, CROSS-CULTURAL COMMUNICATION, LEADERSHIP AND BECOMING AN ACTIVE AGENT OF CHANGE ON CAMPUS, AND ACADEMIC EXCELLENCE. FOR THE CAMPUS PROGRAM, POSSE STAFF MEMBERS VISIT EACH UNIVERSITY FOUR TIMES A YEAR FOR MEETINGS WITH POSSE SCHOLARS, CAMPUS LIAISONS AND MENTORS. EACH MENTOR MEETS WEEKLY WITH THE POSSE AS A TEAM AND WITH EACH SCHOLAR INDIVIDUALLY EVERY TWO WEEKS DURING THE FIRST TWO YEARS IN COLLEGE. IN ADDITION, POSSE FACILITATES AN ANNUAL WEEKEND-LONG POSSEPLUS RETREAT ATTENDED BY MEMBERS OF THE LARGER STUDENT BODY, FACULTY AND ADMINISTRATION, WITH THE GOAL OF DISCUSSING IMPORTANT CAMPUS ISSUES IDENTIFIED BY POSSE SCHOLARS. FOR THE CAREER PROGRAM, POSSE PLAYS AN INTEGRAL ROLE IN THE PROFESSIONAL DEVELOPMENT OF OUR SCHOLARS AND ALUMNI BY PROVIDING THEM WITH THE TOOLS AND OPPORTUNITIES NECESSARY TO SECURE HIGHLY COMPETITIVE AND CAREER-ENHANCING INTERNSHIPS AND JOBS. ONE OF THE WAYS POSSE ACHIEVES THIS IS BY PARTNERING WITH EXCEPTIONAL COMPANIES AND ORGANIZATIONS BOTH NATIONALLY AND ABROAD. CURRENTLY, POSSE HAS MORE THAN 250 PARTNER COMPANIES AND ORGANIZATIONS NATIONWIDE. THE CAREER PROGRAM HAS THREE CORE COMPONENTS: THE INTERNSHIP PROGRAM, CAREER DEVELOPMENT WORKSHOPS, CAREER COACHING, GRADUATE AND FELLOWSHIP PROGRAMS AND THE ALUMNI NETWORK. 22723905 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 268 0 1 252 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 48 47 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY TX MA IL LA GA FL CA DC X FRANCIS OCCENA CFOCAO 2124051691 14 WALL STREET SUITE 8A-60 NEW YORK NY 10005 AJ MURPHY TRUSTEE 2.00 X 0 0 0 ADAM TOWNSEND TRUSTEE 2.00 X 0 0 0 ALAN BERRO TRUSTEE 2.00 X 0 0 0 ALASTAIR BORTHWICK TRUSTEE 4.00 X 0 0 0 ALBERTO M CARVALHO TRUSTEE 2.00 X 0 0 0 ANDREW MULDERRY TRUSTEE 2.00 X 0 0 0 ANNE CHWAT TRUSTEE (OUTGOING) 2.00 X 0 0 0 ANNIE SEIBOLD DRAPEAU TRUSTEE 4.00 X 0 0 0 ARTA TABAEE TRUSTEE 2.00 X 0 0 0 BARBARA JANULIS TRUSTEE 2.00 X 0 0 0 BARTON J WINOKUR TRUSTEE 2.00 X 0 0 0 BRAD SINGER TRUSTEE 4.00 X 0 0 0 BRIANA ZELAYA TRUSTEE 2.00 X 0 0 0 CHARLES PHILLIPS TRUSTEE 2.00 X 0 0 0 DANIEL ACHEAMPONG TRUSTEE 2.00 X 0 0 0 DANIEL WEISS TRUSTEE 2.00 X 0 0 0 DAVID HARRISON TRUSTEE 2.00 X 0 0 0 DEBORAH BIAL PRESIDENT 40.00 X X 570212 0 34505 DONELLA P BROCKINGTON TRUSTEE 4.00 X 0 0 0 ELIZABETH P MYERS TRUSTEE 2.00 X 0 0 0 FORREST WYLIE TRUSTEE (OUTGOING) 4.00 X 0 0 0 GLENN GREENBERG TRUSTEE 2.00 X 0 0 0 HENRY ELLENBOGEN CHAIR 6.00 X X 0 0 0 JAMES WILCOX TRUSTEE (OUTGOING) 4.00 X 0 0 0 JASON JACOBS TRUSTEE 4.00 X 0 0 0 JEFFREY RAICH TRUSTEE 2.00 X 0 0 0 JENNIFER KOPYLOV TRUSTEE 2.00 X 0 0 0 JENNIFER RICKARD TRUSTEE 2.00 X 0 0 0 JONATHAN MEYER TRUSTEE 4.00 X 0 0 0 JOSHUA PAULSON TRUSTEE 2.00 X 0 0 0 JUAN RAJLIN TREASURER 4.00 X X 0 0 0 JULIE PARSONS TRUSTEE 4.00 X 0 0 0 KIM-THU POSNETT TRUSTEE 2.00 X 0 0 0 KOBY ALTMAN TRUSTEE 2.00 X 0 0 0 KURT SIMON TRUSTEE 2.00 X 0 0 0 LEAH STEARNS TRUSTEE 2.00 X 0 0 0 MARVIN FIGUEROA TRUSTEE 2.00 X 0 0 0 MICHAEL KLUGER TRUSTEE 2.00 X 0 0 0 MICHAEL PASSILLA TRUSTEE 4.00 X 0 0 0 MITCH TRUWIT TRUSTEE 2.00 X 0 0 0 NANA SARPONG TRUSTEE 4.00 X 0 0 0 PETER E BLACKER TRUSTEE 4.00 X 0 0 0 PHILIP M PEAD SECRETARY 4.00 X X 0 0 0 PHILLIP PERELMUTER TRUSTEE 2.00 X 0 0 0 RICK RIZZO TRUSTEE 4.00 X 0 0 0 STEVEN GALLUCCI TRUSTEE 4.00 X 0 0 0 STEVEN M LEFKOWITZ TRUSTEE 2.00 X 0 0 0 SUSAN GOLDSMITH TRUSTEE 4.00 X 0 0 0 SUSIE SCHER TRUSTEE 2.00 X 0 0 0 WILLIAM A PLAPINGER TRUSTEE 4.00 X 0 0 0 WILLIAM M LEWIS JR TRUSTEE 2.00 X 0 0 0 FRANCIS OCCENA CFO/CAO 40.00 X 245454 0 25760 STACEY PIERCE CHIEF OPERATING OFFICER 40.00 X 250596 0 21559 HEDWIG ROMA CHIEF DEVELOPMENT OFFICER 40.00 X 247615 0 22857 ANDREW GALLAGHER ASSOCIATE VP, DEVELOPMENT 40.00 X 162750 0 7688 AUGUSTA IRELE VP, TRAINING, LEARNING & CURRICULUM 40.00 X 147063 0 20439 JAMES DABNEY REGIONAL VICE PRESIDENT (OUTGOING) 40.00 X 128295 0 17144 NADINE DALRYMPLE REGIONAL VICE PRESIDENT 40.00 X 144571 0 15384 RASSAN SALANDY VP EXTERNAL AFFAIRS 40.00 X 190686 0 38659 2087242 0 203995 27 0 1 0 0 6715942 5376 27988030 412432 34709348 UNIVERSITY FEES 611710 3068334 3068334 SERVICE FEES 900099 1331766 1331766 4400100 2879587 2879587 7650990 4575945 3075045 3075045 3075045 534957 6715942 800417 -265460 -265460 44798620 4400100 0 5689172 1700000 1700000 660559 660559 1418557 459611 473598 485348 12352766 9596760 1250751 1505255 178584 157285 7990 13309 1719010 1362330 163391 193289 1136027 879798 119427 136802 251157 251157 1104043 441513 492484 170046 611546 441513 86580 83453 3548382 2879554 620065 48763 3601541 3325054 158826 117661 2369 2157 212 115787 70366 45421 124462 117307 7155 EQUIP. RENTAL AND MAINT 372935 172625 178966 21344 STAFF TRAINING/DEVELOP. 321262 305964 9519 5779 SUPPLIES 148408 94322 24574 29512 INDIRECT FUND. EXPENSES 67134 11997 1673 53464 86815 45190 41415 210 29521344 22723905 3933204 2864235 14969 13585 20159789 19060594 8204289 14811952 4426723 4599745 947010 1116742 2785814 2701309 126936 84505 80523789 96936399 12111897 17772770 31180309 28605444 157695711 183001736 1012749 1158082 2030001 2076669 32836866 30105481 35879616 33340232 X 43481265 55246212 78334830 94415292 121816095 149661504 157695711 183001736 15277276 12568133 0 X X 0 1 X 1 0 X 16846037 37763272 22930455 27989200 34709348 140238312 16846037 37763272 22930455 27989200 34709348 140238312 36782255 103456057 1389640 3257341 2853120 2718844 2879587 13098532 414235 422037 534957 1371229 154708073 19604195 0.66870 0.67920 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING EVENT - 2019 AMOUNT: $ 414,235. 2022 AMOUNT: $ 422,037. 2023 AMOUNT: $ 534,957. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 91139405 2000000 18269089 3359233 108049261 99160891 12000000 -16979982 3041504 91139405 88304299 100000 13548249 2791657 99160891 61315365 22000000 7636647 2647713 88304299 46625820 5310156 11190389 1811000 61315365 0.22450 0.77550 1 0 790354 705849 84505 1995460 1995460 0 84505 ALTERNATIVE INVESTMENTS 17772770 F 17772770 SECURITY DEPOSITS 207496 OPERATING LEASE RIGHT-OF-USE ASSET 27966542 FINANCE LEASE RIGHT-OF-USE ASSET 131406 RESTRICTED CASH 300000 28605444 OPERATING LEASE LIABILITY 29971697 FINANCE LEASE LIABILITY 133784 30105481 X 57878902 12568133 763306 13331439 44547463 251157 251157 44798620 30033493 763306 763306 29270187 251157 251157 29521344 PART V, LINE 4: PERMANENT ENDOWMENT - THE PERMANENTLY RESTRICTED NET ASSETS IS FOR THE ESTABLISHMENT OF AN ENDOWMENT FUND AND THE EARNINGS FROM PERMANENTLY RESTRICTED ENDOWMENT SHALL BE USED TO FUND POSSE'S PROGRAM ACTIVITIES. PART X, LINE 2: POSSE BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2023 AND 2022, IN ACCORDANCE WITH FASB ASC TOPIC 740, INCOME TAXES, WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISION FOR UNCERTAIN TAX POSITIONS. ANNUAL GALA 4042833 3853083 189750 220925 1653 TOLL BROTHER'S GALA 914017 811272 102745 62285 19495 10 2294049 2051587 242462 447419 48640 7250899 6715942 534957 730629 69788 800417 -265460 1 BARD COLLEGE 30 CAMPUS RD ANNANDALEONHUDSON NY 12504 141713034 501(C)(3) 0 100000 GRANTS ARE INTENDED TO HELP SUPPORT THE POSSE PROGRAM ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING CASE WESTERN RESERVE UNIVERSITY 10900 EUCLID AVE CLEVELAND OH 44106 341018992 501(C)(3) 0 200000 GRANTS ARE INTENDED TO HELP SUPPORT THE POSSE PROGRAM ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING CENTRE COLLEGE 600 W WALNUT STREET DANVILLE KY 40422 111797182 501(C)(3) 0 100000 GRANTS ARE INTENDED TO HELP SUPPORT THE POSSE PROGRAM ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING DAVIDSON COLLEGE 405 N MAIN STREET DAVIDSON NC 28035 560529961 501(C)(3) 0 100000 GRANTS ARE INTENDED TO HELP SUPPORT THE POSSE PROGRAM ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING HOBART AND WILLIAM SMITH COLLEGES 300 PULTENEY ST GENEVA NY 14456 160743040 501(C)(3) 0 100000 GRANTS ARE INTENDED TO HELP SUPPORT THE POSSE PROGRAM ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING MACALESTER COLLEGE 1600 GRAND AVE MACALESTER COLLEGE MN 55105 410693962 501(C)(3) 0 100000 GRANTS ARE INTENDED TO HELP SUPPORT THE POSSE PROGRAM ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING PURDUE UNIVERSITY 2550 NORTHWESTERN AVE SUITE 1900 WEST LAFAYETTE IN 47906 356002041 501(C)(3) 0 100000 GRANTS ARE INTENDED TO HELP SUPPORT THE POSSE PROGRAM ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING RUTGERS THE STATE UNIVERSITY 33 KNIGHTSBRIDGE ROAD PISCATAWAY NJ 08854 226001086 501(C)(3) 0 100000 GRANTS ARE INTENDED TO HELP SUPPORT THE POSSE PROGRAM ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING ST OLAF COLLEGE 1520 ST OLAF AVE NORTHFIELD MN 55057 410693979 501(C)(3) 0 100000 GRANTS ARE INTENDED TO HELP SUPPORT THE POSSE PROGRAM ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING UNIVERSITY OF NORTH CAROLINA SCHOOL OF THE ARTS 1533 S MAIN STREET WINSTON SALEM NC 27127 566065273 501(C)(3) 0 100000 GRANTS ARE INTENDED TO HELP SUPPORT THE POSSE PROGRAM ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING VILLANOVA UNIVERSITY 800 E LANCASTER AVE VILLANOVA PA 19085 231352688 501(C)(3) 0 100000 GRANTS ARE INTENDED TO HELP SUPPORT THE POSSE PROGRAM ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING CORNELL COLLEGE 600 1ST ST W MT VERNON LA 52314 420680335 501(C)(3) 0 100000 GRANTS ARE INTENDED TO HELP SUPPORT THE POSSE PROGRAM ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING LEWIS & CLARK COLLEGE 615 S PALATINE ROAD PORTLAND OR 97219 930386858 501(C)(3) 0 100000 GRANTS ARE INTENDED TO HELP SUPPORT THE POSSE PROGRAM ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING TEXAS A&M UNIVERSITY 400 HARVEY MITCHELL PKY COLLEGE STATION TX 77845 746000531 501(C)(3) 0 200000 GRANTS ARE INTENDED TO HELP SUPPORT THE POSSE PROGRAM ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING UNIVERSITY OF VIRGINIA PO BOX 400195 CHARLOTTESVILLE VA 22904 546001796 501(C)(3) 0 100000 GRANTS ARE INTENDED TO HELP SUPPORT THE POSSE PROGRAM ON EACH CAMPUS ALTHOUGH THEY ARE NOT SPECIFICALLY RESTRICTED WITHIN THAT AND REQUIRE NO REPORTING 15 0 CORNELL SCHOLARS 9 347630 FMV EYLER STUDENT ASSISTANCE 11 8831 JEFF UBBEN POSSE FELLOWS PROGRAM 5 50000 MICHAEL L. AINSLIE ALUMNI AWARD 1 10000 POSSE SUMMER LEADERSHIP AWARDS 106 243152 PART I, LINE 2: POSSE SUMMER LEADERSHIP AWARDS ARE DESIGNED TO RELIEVE THE FINANCIAL OBSTACLES ASSOCIATED WITH SCHOLARS WHO WORK IN UNPAID OR MINIMALLY (LESS THAN $2,500) PAID INTERNSHIPS. PARTICIPANTS ARE REQUIRED TO UPLOAD RESUMES AND COMPLETE PSLA APPLICATION FORM. ELIGIBILITY IS DETERMINED BASED ON INITIAL SCREENING AND SUPERVISORY APPROVALS. EYLER STUDENT ASSISTANCE. ISSUED TO POSSE SCHOLARS THROUGHOUT THE YEAR ON A CASE-BY-CASE BASIS, WHO NEED FINANCIAL ASSISTANCE. THE ASSISTANCE COULD BE FOR ITEMS SUCH AS EMERGENCY FLIGHTS HOME DUE TO A DEATH IN THE FAMILY, FUNDS TO ASSIST TO STUDY ABROAD, ROOM AND BOARD, TEXTBOOKS OR MATERIALS FOR SCHOOL, HOUSING ASSISTANCE, ETC. CORNELL SCHOLARS. THE POSSE FOUNDATION UTILIZES ITS DYNAMIC ASSESSMENT PROCESS TO IDENTIFY TALENTED AND POTENTIAL STUDENTS FROM NON-TRADITIONAL, URBAN BACKGROUNDS. CORNELL HAS AGREED TO SELECT 10 POSSE CHICAGO STUDENTS FOR ADMISSION TO THEIR CAMPUS EACH FALL. CORNELL WILL OFFER A NEED-BASED FINANCIAL AID PACKAGE TO EACH POSSE IT ADMITS. FOR THOSE POSSE SCHOLARS WHOSE TOTAL GRANT AID FROM ALL SOURCES IN THE CORNELL OFFER IS LESS THAN THE AMOUNT OF FULL TUITION FOR EACH YEAR, THE POSSE FOUNDATION WILL PAY DIRECTLY TO CORNELL ON BEHALF OF THAT SCHOLAR A SCHOLARSHIP IN AN AMOUNT EQUAL TO FULL CORNELL TUITION FOR THAT YEAR. -ELIGIBILITY: ALL POSSE SCHOLARS ALREADY ENROLLED IN THE PROGRAM WITH CORNELL UNIVERSITY -SELECTION CRITERIA: SEE DESCRIPTION ABOVE -MONITORING: DISCUSSION WITH CORNELL ON ELIGIBLE STUDENTS MICHAEL L AINSLIE ALUMNI AWARD. THE AINSLIE ALUMNI ACHIEVEMENT AWARD IS GIVEN EACH YEAR TO ONE OUTSTANDING POSSE ALUMNA/ALUMNUS WHO HAS DEMONSTRATED INCREDIBLE LEADERSHIP AND SUCCESS WHILE GIVING BACK TO THE WORLD. THE AWARD HONORS POSSE ALUMNI WHO CONTINUE A LEGACY OF LEADERSHIP IN THEIR COMMUNITIES AND WHO EXEMPLIFY THE VALUES OF THE POSSE FOUNDATION. RECIPIENTS ARE SELECTED BASED ON THEIR POTENTIAL TO CREATE MEANINGFUL, FAR-REACHING CONTRIBUTIONS TO SOCIETY AS DEMONSTRATED BY THEIR TRACK RECORD OF SIGNIFICANT ACCOMPLISHMENT. THE AWARD COMES WITH A PRIZE OF $10,000. POSSE DOES NOT EVALUATE HOW RECIPIENTS USE THE FUNDS, NOR ARE RECIPIENTS REQUIRED TO SUBMIT INFORMATION TO POSSE REGARDING HOW THEY USE THE FUNDS. THE JEFF UBBEN POSSE FELLOWS PROGRAM AWARDS A PRESTIGIOUS SUMMER INTERNSHIP, ALONG WITH A GENEROUS STIPEND TO UP TO FIVE OUTSTANDING POSSE SCHOLARS IN THEIR SECOND YEAR OF COLLEGE WHO HAVE ACHIEVED ACADEMIC EXCELLENCE AND DEMONSTRATED EXCEPTIONAL LEADERSHIP POTENTIAL. THE FELLOWS WERE HOSTED AND MENTORED BY LEADERS IN FIVE CAREER VERTICALS: ARTS, EDUCATION, STEM, LAW & GOVERNMENT, AND BUSINESS & FINANCE. X X X X 0 0 0 0 0 0 0 1 0 DEBORAH BIAL PRESIDENT 445212 0 125000 0 0 0 10000 0 24505 0 604717 0 0 0 STACEY PIERCE CHIEF OPERATING OFFICER 215596 0 35000 0 0 0 9891 0 11668 0 272155 0 0 0 FRANCIS OCCENA CFO/CAO 227454 0 18000 0 0 0 10000 0 15760 0 271214 0 0 0 HEDWIG ROMA CHIEF DEVELOPMENT OFFICER 229615 0 18000 0 0 0 10000 0 12857 0 270472 0 0 0 RASSAN SALANDY VP EXTERNAL AFFAIRS 181686 0 9000 0 0 0 9084 0 29575 0 229345 0 0 0 ANDREW GALLAGHER ASSOCIATE VP, DEVELOPMENT 153750 0 9000 0 0 0 7688 0 0 0 170438 0 0 0 AUGUSTA IRELE VP, TRAINING, LEARNING & CURRICULUM 139563 0 7500 0 0 0 7125 0 13314 0 167502 0 0 0 NADINE DALRYMPLE REGIONAL VICE PRESIDENT 137821 0 6750 0 0 0 4924 0 10460 0 159955 0 0 0 PART I, LINE 7 THE POSSE FOUNDATION HAS AN ORGANIZATION-WIDE BONUS SYSTEM. THE SYSTEM REFLECTS POSSE'S MISSION AND CULTURE BY BEING INCLUSIVE OF ALL EMPLOYEES AND IS INTENDED TO RECOGNIZE POSSE'S STAFF FOR THEIR GOOD WORK AND CONTRIBUTION TO POSSE'S OVERALL SUCCESS. BONUSES ARE AWARDED AND DETERMINED BY THE SUCCESS OF THE EMPLOYEES AND ALSO THE SUCCESS OF THE ORGANIZATION AS A WHOLE - THEY ARE NOT GUARANTEED. EMPLOYEES ARE NOMINATED FOR BONUSES BY THEIR SUPERVISORS AT THE END OF EACH YEAR. STAFF BONUSES ARE AWARDED AT YEAR'S END OR IN JANUARY OF THE FOLLOWING FISCAL YEAR. INDIVIDUAL BONUSES ARE BASED ON THREE OVERARCHING CRITERIA: 1. THE SUPERVISOR'S ASSESSMENT OF ACHIEVEMENT OF OVERALL BENCHMARKS AND GOALS (WHICH ARE DETERMINED BY THE POSITION AND MAY BE ADDED TO BY THE SUPERVISOR. THESE ARE COMMUNICATED BY THE SUPERVISOR TO THE EMPLOYEE EACH YEAR.); 2. QUALITATIVE ASSESSMENT BY THE SUPERVISOR OF PERFORMANCE INDICATORS; 3. OVERALL PROGRAM SUCCESS AND ORGANIZATIONAL PERFORMANCE. THE GENERAL GUIDELINE IS THAT STAFF MEMBERS WHO HAVE WORKED AT POSSE FOR 12 MONTHS OR MORE ARE ELIGIBLE FOR A BONUS ACCORDING TO THEIR LEVEL OF RESPONSIBILITY (A MAXIMUM IS DETERMINED EACH YEAR FOR EACH EMPLOYEE CATEGORY). A SUPERVISOR MAY RECOMMEND AN EMPLOYEE RECEIVE A BONUS AMOUNT OF THE MAXIMUM, A BONUS AMOUNT BELOW THE MAXIMUM, OR NO BONUS AT ALL. THE PRESIDENT'S OFFICE APPROVES ALL STAFF BONUSES. THE COMPENSATION COMMITTEE OF THE BOARD APPROVES THE BONUS FOR THE PRESIDENT AND FOUNDER. THE APPROVAL IS DOCUMENTED IN THE MINUTES OF THE COMPENSATION COMMITTEE MEETING. X 17 355437 FMV X AUCTION ITEMS 22 52995 FMV X LAPTOPS 9 4000 FMV 0 1 0 PART I, COLUMN (B): THE NUMBER IN COLUMN B REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT. A COPY OF THE ORGANIZATION'S 990 IS PROVIDED TO ALL BOARD MEMBERS VIA FEDEX AND/OR WEBSHARE, A SECURE ON-LINE ACCESS. THE DRAFT IS APPROVED BY ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION CIRCULATES A "CONFLICT OF INTEREST FORM" WHICH NEEDS TO BE COMPLETED BY ALL MEMBERS OF THE GOVERNING BODY. THE FORMS ARE REVIEWED AND FILED AT THE NATIONAL OFFICE. GOVERNING BODY MEMBERS EXCUSE THEMSELVES FROM ANY MATTERS OF CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD COMPENSATION COMMITTEE MEETS ANNUALLY TO REVIEW THE COMPENSATION OF THE PRESIDENT. THE COMPENSATION COMMITTEE BENCHMARKS THE PRESIDENT'S COMPENSATION WITH NONPROFITS WITH SIMILAR-SIZED BUDGETS, WITHIN THE SAME MAJOR GROUP AND METROPOLITAN GEOGRAPHIC AREA, UTILIZING INFORMATION FROM THE GUIDESTAR/CANDID NONPROFIT EXECUTIVE COMPENSATION REPORT, THE FORM 990 OF SIMILAR ORGANIZATIONS, AS WELL AS AN INDEPENDENT MARKET STUDY CONDUCTED EVERY THREE YEARS. THE COMPENSATION COMMITTEE REPORTS THEIR DISCUSSIONS TO THE BOARD OF DIRECTORS IN EXECUTIVE SESSION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES A COPY OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 2C: THE PROCESS OF OVERSEEING THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT HAS NOT BEEN CHANGED FROM PRIOR YEAR.