2025-10-09T22:58:24-05:00 2024-12-31 420714325 RSM US LLP 920 5TH AVENUE SUITE 2800 SEATTLE WA 98104 990 2024-01-01 521764268 BUSINESS FOR SOCIAL RESPONSIBILITY BUSI 4159843205 220 MONTGOMERY STREET 17TH FLOOR SAN FRANCISCO CA 94104 MIKE ZEITOUNY CFO 4159843205 2025-10-07 1 1 SUE ROBISON P00560072 2062814444 2024 2025-03-06 01:10:19Z ARON CRAMER 220 MONTGOMERY STREET 17TH FLOOR SAN FRANCISCO CA 94104 37966283 0 X WWW.BSR.ORG X 1991 DC TO WORK WITH BUSINESS TO CREATE A JUST AND SUSTAINABLE WORLD. 8 7 164 7 0 0 7704693 3982921 33927182 33967816 13203 13718 1058 1828 41646136 37966283 0 0 0 0 28972077 29049143 0 0 0 10656748 11628369 39628825 40677512 2017311 -2711229 34779429 30004193 16934315 15025745 17845114 14978448 X BSR IS A GLOBAL NONPROFIT ORGANIZATION THAT WORKS WITH ITS NETWORK OF MORE THAN 300 MEMBER COMPANIES TO BUILD A JUST AND SUSTAINABLE WORLD. FROM ITS OFFICES IN ASIA, EUROPE, AND NORTH AMERICA, BSR DEVELOPS SUSTAINABLE BUSINESS STRATEGIES AND SOLUTIONS. 0 0 3615388 2765620 RISE RISE (REIMAGINING INDUSTRY TO SUPPORT EQUALITY) IS AN INITIATIVE TO SUPPORT COLLABORATIVE INDUSTRY ACTION AT SCALE, TO ADVANCE GENDER EQUALITY IN GLOBAL GARMENT, FOOTWEAR AND HOME TEXTILE SUPPLY CHAINS. THE GOAL OF RISE'S WORK IS FOR WOMEN WORKING IN GLOBAL SUPPLY CHAINS TO EXPERIENCE THEIR INHERENT DIGNITY THROUGH AGENCY, EQUALITY AND RIGHTS. THROUGH RISE'S THEORY OF CHANGE, THE PROGRAM WORKS TO ACHIEVE THE FOLLOWING OUTCOMES: - BEHAVIOR CHANGE: ALL WORKERS, INCLUDING WOMEN, HAVE THE AGENCY TO SECURE OPPORTUNITIES AND RIGHTS. MEN IN GLOBAL SUPPLY CHAINS ENGAGE AND TAKE ACTION TOWARD GENDER EQUALITY.- MARKET CHANGE: BUSINESSES IN GLOBAL SUPPLY CHAINS FULFILL THE NEEDS AND RIGHTS OF WOMEN WORKERS. WOMEN'S VOICES AND DECISION-MAKING ARE REPRESENTED IN WORKPLACE AND SECTORAL DIALOGUES.- SYSTEMS CHANGE: POLICIES ARE IN PLACE WITHIN THE WORLD OF WORK TO ENHANCE GENDER EQUALITY. SOCIAL NORMS WITHIN THE WORLD OF WORK REINFORCE EQUALITY OF ALL GENDERS. 3305987 10961198 HUMAN RIGHTS BSR'S HUMAN RIGHTS EXPERTS ENGAGE WITH A NETWORK OF PARTNERS FROM BUSINESS AND CIVIL SOCIETY TO HELP COMPANIES IN ALL SECTORS TO MEET AND EXCEED GLOBAL HUMAN RIGHTS STANDARDS. BSR'S HUMAN RIGHTS ADVISORY SERVICES ARE PRAGMATIC AND FORWARD-LOOKING, MEETING COMPANIES WHERE THEY ARE ON THEIR HUMAN RIGHTS JOURNEY AND TAILORING RECOMMENDATIONS TO THE SPECIFIC NEEDS OF EACH INDUSTRY AND THE COMPLEXITIES OF LOCAL CONTEXTS. BSR HELPS COMPANIES TO UNDERSTAND AND NAVIGATE THE INCREASINGLY FRAGMENTED GLOBAL HUMAN RIGHTS LANDSCAPE, PREPARE TO COMPLY WITH EMERGING LEGISLATION, AND PARTNER ACROSS THEIR VALUE CHAINS TO COLLABORATIVELY MANAGE HUMAN RIGHTS ISSUES AND ADDRESS THE SYSTEMIC CAUSES OF HUMAN RIGHTS HARM. 2902551 4140248 CLIMATE AND NATURE BSR'S CLIMATE AND NATURE TEAM SUPPORTS COMPANY EFFORTS TO BUILD BUSINESS RESILIENCE AND STRENGTHEN LONG-TERM VALUE CHAIN STABILITY, WHILE ENABLING A HEALTHY PLANET AND A JUST FUTURE FOR ALL. WE HELP COMPANIES TO ASSESS THEIR CLIMATE AND NATURE RISKS, TO IDENTIFY AND IMPLEMENT STRATEGIC NATURE PRESERVATION AND CLIMATE ADAPTATION EFFORTS, AND SUPPORT THE DEVELOPMENT AND IMPLEMENTATION OF TRANSITION PLANS TO PURSUE NEW BUSINESS OPPORTUNITIES AND COMPLY WITH REGULATORY REQUIREMENTS. 20548888 16100750 INCLUSIVE BUSINESS, SUSTAINABILITY MANAGEMENT, MEMBERSHIP, GENERAL PROGRAM 20548888 16100750 30372814 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 X 40 0 1 164 1 0 1 CH DA FR HK JA SN 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X JULIE KLING 4159843205 220 MONTGOMERY STREET 17TH FLOOR SAN FRANCISCO CA 94104 ARON CRAMER PRESIDENT & CEO 40.00 X X 590773 0 54718 ALESSANDRO CARLUCCI BOARD CHAIR 2.00 X 0 0 0 ADAM WERBACH BOARD DIRECTOR 2.00 X 0 0 0 KATE BRANDT BOARD DIRECTOR 2.00 X 0 0 0 LAURENCE PESSEZ BOARD DIRECTOR 2.00 X 0 0 0 PEK SIOK LAN BOARD DIRECTOR 2.00 X 0 0 0 ROSE STUCKEY KIRK BOARD DIRECTOR 2.00 X 0 0 0 SUSAN MAC CORMAC BOARD DIRECTOR 2.00 X 0 0 0 MIKE ZEITOUNY CFO 40.00 X 412022 0 56718 LAURA S GITMAN CIO 40.00 X 370448 0 60077 MATTHEW WELCH COO 40.00 X 340604 0 61592 JENNY VAUGHAN - MANAGING DIRECTOR, HUMAN RIGHTS 40.00 X 236564 0 51261 DAVID E STEARNS - MANAGING DIRECTOR, MARKETING & COMMUNICATION 40.00 X 262866 0 24173 JENNIFER STARK - CO-DIRECTOR CENTER FOR BUSINESS & SOC. JUSTICE 40.00 X 231826 0 48054 CHHAVI GHULIANI - MANAGING DIRECTOR, PARTNERSHIP DEVELOPMENT 40.00 X 214513 0 55716 KATRINA FRACISCO DIRECTOR, REPORTING AND SYSTEMS 40.00 X 189688 0 36558 2849304 0 448867 77 0 1 0 TRANSITIONS 21 RUE DU FAUBOURG SAINT ANTOINE PARIS FR 75011 IMPLEMENTATION CONTRACTOR 1209349 MCPHERSON STRATEGIES LLC 199 STATE STREET PHA BROOKLYN NY 11201 IMPLEMENTATION CONTRACTOR 283373 DUNSTAN HOPE CONSULTING LLC 1450 FRANKLIN ST 605 SAN FRANCISCO CA 94109 IMPLEMENTATION CONTRACTOR 261815 CAMBODIAN WOMEN FOR PEACE AND DEVELOPMEN 128D9-D10 ST SOTHEAROS SANGKAT PHNOM PENH CB 120101 IMPLEMENTATION CONTRACTOR 245663 TRAPP TECHNOLOGY 2600 N CENTRAL AVE SUITE 1100 PHOENIX AZ 85004 IT SERVICE DESK SUPPORT 203495 12 3982921 3982921 CONSULTING REVENUE 561499 23929582 23929582 MEMBERSHIP DUES 561499 9327588 9327588 CONTRACT SERVICES 561499 710646 710646 33967816 13718 13718 OTHER INCOME 900099 1828 1828 1828 37966283 33967816 0 15546 1944953 1944953 20319550 17185440 3134110 887092 750009 137083 2602715 2049078 553637 3294833 2977552 317281 5903754 5494734 409020 217841 31368 186473 242540 28746 213794 21706 18617 3089 184756 37628 147128 1204472 251725 952747 1559295 87488 1471807 951445 903612 47833 257673 228846 28827 190284 190284 220286 220286 RECRUITING/DEVELOPMENT 274126 126277 147849 MISCELLANEOUS 200270 126801 73469 TAXES & FEES 135581 10553 125028 PRODUCTION 55300 55300 9040 9040 40677512 30372814 10304698 0 15558996 13985038 343417 384111 7763185 4150272 5250463 6392971 519627 322302 1790604 1687766 257448 102838 5086293 4666661 34779429 30004193 725677 425262 12296212 11532395 3912426 3068088 16934315 15025745 X 5876513 6064191 11968601 8914257 17845114 14978448 34779429 30004193 X -2711229 -155437 X 0 1 X 1 0 X 3026006 3400219 9959985 7704693 3982921 28073824 3026006 3400219 9959985 7704693 3982921 28073824 13002856 15070968 347 988 4954 13203 13718 33210 1045 6757 1149 1058 1828 11837 28118871 156166800 0.53600 0.51280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 198680 195071 3609 653106 570843 82263 938818 921852 16966 102838 LEASE DEPOSITS 962571 VAT REFUNDS RECEIVABLE 712 OPERATING LEASE RIGHT-OF-USE ASSETS 2800028 DEFERRED COMPENSATION PLAN 600000 INVESTMENT IN RELATED ORGANIZATION 303350 4666661 OPERATING LEASE 3068088 3068088 X PART X, LINE 2: BSR HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC), UNDER SECTION 1(D) OF TITLE II OF THE DISTRICT OF COLUMBIA DEPARTMENT OF FINANCE AND REVENUE CODE, AND UNDER SECTION 2370L(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE AND GENERALLY IS NOT SUBJECT TO STATE OR FEDERAL INCOME TAXES. TAXES ARE PAID ON UNRELATED BUSINESS INCOME THAT ARISES FROM CERTAIN CONSULTING SERVICES. THE SUBSIDIARIES AND HONG KONG BRANCH OF BSR ARE ALL SUBJECT TO INCOME TAXES IN FOREIGN JURISDICTIONS. THE CHINESE SUBSIDIARY IS A WHOLLY FOREIGN-OWNED ENTERPRISE AND THE FRENCH SUBSIDIARY IS A 1901 ASSOCIATION. INCOME TAX EXPENSE IS RECORDED BASED ON MANAGEMENT'S ESTIMATES OF TAX LIABILITY IN THOSE JURISDICTIONS. TAX EXPENSE RECORDED FOR FOREIGN JURISDICTIONS DURING THE YEARS ENDED DECEMBER 31, 2024 AND 2023, AMOUNTED TO $16,358 AND $310,137, RESPECTIVELY. BSR REVIEWS AND ASSESSES TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN AGAINST THE MORE LIKELY THAN NOT RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTES FOR RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS. BSR'S POLICY FOR EVALUATING UNCERTAIN TAX POSITIONS IS A TWO-STEP PROCESS. THE FIRST STEP IS TO EVALUATE THE TAX POSITION FOR RECOGNITION BY DETERMINING IF THE WEIGHT OF AVAILABLE EVIDENCE INDICATES THAT IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON AUDIT, INCLUDING RESOLUTION OF RELATED APPEALS OR LITIGATIONS PROCESSES, IF ANY. THE SECOND STEP IS TO MEASURE THE TAX BENEFIT OR LIABILITY AS THE LARGEST AMOUNT THAT IS MORE THAN 50 PERCENT LIKELY TO BE REALIZED OR INCURRED UPON SETTLEMENT. AS BSR IS EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) OF THE IRC AND IS GENERALLY NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES, THE TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN BY BSR HAVE NOT HAD A MATERIAL IMPACT ON THE CONSOLIDATED FINANCIAL STATEMENTS. THERE WAS NO TAX EXPENSE RECORDED FOR UNRELATED BUSINESS INCOME TAX (UBIT) DURING THE YEARS ENDED DECEMBER 31, 2024 AND 2023. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 2 57 PROGRAM SERVICES MEMBERSHIP, MANAGEMENT CONSULTING, RESEARCH 11028942 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 5 19 PROGRAM SERVICES MEMBERSHIP, MANAGEMENT CONSULTING, RESEARCH 2436543 7 76 0 0 7 76 13465485 0 13465485 1 0 1 0 0 0 X X 0 0 0 0 0 0 0 0 0 ARON CRAMER PRESIDENT & CEO 487118 0 103655 0 0 0 10350 0 44368 0 645491 0 0 0 MIKE ZEITOUNY CFO 347977 0 64045 0 0 0 10350 0 46368 0 468740 0 0 0 LAURA S GITMAN CIO 310776 0 59672 0 0 0 10350 0 49727 0 430525 0 0 0 MATTHEW WELCH COO 298564 0 42040 0 0 0 10224 0 51368 0 402196 0 0 0 JENNY VAUGHAN - MANAGING DIRECTOR, HUMAN RIGHTS 218085 0 18479 0 0 0 6893 0 44368 0 287825 0 0 0 DAVID E STEARNS - MANAGING DIRECTOR, MARKETING & COMMUNICATION 241550 0 21316 0 0 0 7782 0 16391 0 287039 0 0 0 JENNIFER STARK - CO-DIRECTOR CENTER FOR BUSINESS & SOC. JUSTICE 231826 0 0 0 0 0 6882 0 41172 0 279880 0 0 0 CHHAVI GHULIANI - MANAGING DIRECTOR, PARTNERSHIP DEVELOPMENT 198920 0 15593 0 0 0 6468 0 49248 0 270229 0 0 0 KATRINA FRACISCO DIRECTOR, REPORTING AND SYSTEMS 175832 0 13856 0 0 0 5496 0 31062 0 226246 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS COMPLETED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTANT AND REVIEWED BY THE CFO, CONTROLLER, TREASURER, AND AUDIT COMMITTEE. THE FINAL FORM 990 IS PROVIDED TO THE BOARD FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BSR'S CONFLICTS OF INTEREST POLICY APPLIES TO THE BOARD OF DIRECTORS AND OFFICERS. THE BOARD OF DIRECTORS REVIEWS ANY POTENTIAL CONFLICTS OF INTEREST ON AN ANNUAL BASIS. APPROPRIATE CORRECTIVE ACTION WILL BE TAKEN BY THE BOARD TO ENSURE THAT A CONFLICT OR POTENTIAL CONFLICT DOES NOT OCCUR. ALL OFFICERS AND BOARD MEMBERS ARE REQUIRED TO REVIEW AND SIGN AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM EACH YEAR. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE CEO AND CFO IS REVIEWED AND ESTABLISHED BY THE BOARD FOLLOWING A REVIEW OF DATA FROM COMPARABLE ORGANIZATIONS. BOARD MEMBERS ARE INDEPENDENT WITH RESPECT TO THE EMPLOYEES FOR WHOM COMPENSATION IS BEING ESTABLISHED. THE COMPENSATION DECISION IS DOCUMENTED BY THE BOARD. THIS PROCESS IS PERFORMED ANNUALLY AND WAS LAST PERFORMED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XI, LINE 9: FOREIGN CURRENCY TRANSLATION -155,437. ASSOCIATION BUSINESS FOR SOCIAL RESPONSIBILITY 1 RUE SAINT-GEORGES PARIS FR 981822905 SUSTAINABLE BUSINESS NETWORK & CONSULTING FR 6809062 4628589 BUSINESS FOR SOCIAL RESPONSIBILITY BUSINESS FOR SOCIAL RESPONSIBILITY NORDIC APS VESTER VOLDGADE 8 2ND COPENHAGEN DA 981822459 SUSTAINABLE BUSINESS NETWORK & CONSULTING DA 1569313 1175845 BUSINESS FOR SOCIAL RESPONSIBILITY SHANGHAI BUSHUI BUSINESS MAGMT & CONS CO LTD ROOM 2010 BUILDING A 411 RUIJIN E SHANGHAI CH 981822595 SUSTAINABLE BUSINESS NETWORK & CONSULTING CH 36575 112604 BUSINESS FOR SOCIAL RESPONSIBILITY BSR PTE LTD 160 ROBINSON ROAD 14-04 SINGAPORE SN 981822221 SUSTAINABLE BUSINESS NETWORK & CONSULTING SN 1182583 304582 BUSINESS FOR SOCIAL RESPONSIBILITY KABUSHIKI KAISHA BSR JAPAN MG MEGURO EKIMAE BLDG 2F 2-15-19 TOKYO JA SUSTAINABLE BUSINESS NETWORK & CONSULTING JA BUSINESS FOR SOCIAL RESPONSIBILITY C 937054 618461 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0