2025-11-12T12:56:41-06:00 2024-12-31 991856619 GRANT THORNTON ADVISORS LLC 100 WILSON BOULEVARD SUITE 1500 ARLINGTON VA 22209 990 2024-01-01 942994279 THE NATIONAL ACADEMIES CORPORATION NATI 2023343003 100 ACADEMY WAY IRVINE CA 926173002 EBUN JOHNSON CHIEF FINANCIAL OFFICER 2023343003 2025-11-12 1 1 MARY TORRETTA P00847851 7038477500 2024 2025-03-06 01:10:19Z JOHN ANDERSON 2101 CONSTIT AVE NW WASHINGTON DC 20418 843917 0 X N/A X 1986 CA SEE SCHEDULE OTHE NATIONAL ACADEMIES CORPORATION (TNAC) OWNS AND MAINTAINS THE ARNOLD AND MABEL BECKMAN CENTER, A CONFERENCE AND STUDY CENTER IN IRVINE, CALIFORNIA, FOR THE BENEFIT OF THE NATIONAL ACADEMY OF SCIENCES, THE NATIONAL ACADEMY OF ENGINEERING, THE NATIONAL ACADEMY OF MEDICINE, AND THE NATIONAL RESEARCH COUNCIL. 10 5 0 0 0 0 0 47000 0 0 200833 639195 80380 82791 281213 768986 641300 651338 0 0 0 0 0 0 0 726154 673164 1367454 1324502 -1086241 -555516 17957983 18849370 324564 834233 17633419 18015137 X SEE SCHEDULE OTHE NATIONAL ACADEMIES CORPORATION (TNAC) OWNS AND MAINTAINS THE ARNOLD AND MABEL BECKMAN CENTER, A CONFERENCE AND STUDY CENTER IN IRVINE, CALIFORNIA, FOR THE BENEFIT OF THE NATIONAL ACADEMY OF SCIENCES, THE NATIONAL ACADEMY OF ENGINEERING, THE NATIONAL ACADEMY OF MEDICINE, AND THE NATIONAL RESEARCH COUNCIL. 0 0 1166428 651338 0 THE NATIONAL ACADEMIES CORPORATION (TNAC) OWNS AND MAINTAINS THE ARNOLD AND MABEL BECKMAN CENTER, A CONFERENCE AND STUDY CENTER IN IRVINE, CALIFORNIA, FOR THE BENEFIT OF THE NATIONAL ACADEMY OF SCIENCES, THE NATIONAL ACADEMY OF ENGINEERING, THE NATIONAL ACADEMY OF MEDICINE, AND THE NATIONAL RESEARCH COUNCIL. 1166428 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 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 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 CA X CHRIS HOLMES CONTROLLER 2023343003 500 FIFTH STREET NW WASHINGTON DC 20001 X MARCIA MCNUTT CHAIR 2.00 37.50 X X 0 1089403 98759 JOHN ANDERSON PRESIDENT 2.00 37.50 X X 0 1062641 98059 VICTOR DZAU BOARD MEMBER 1.00 37.50 X 0 1065629 95049 JACQUELINE K BARTON BOARD MEMBER 1.00 0.00 X 0 0 0 ANTHONY A JAMES BOARD MEMBER 1.00 0.00 X 0 0 0 ROGER L MCCARTHY BOARD MEMBER 1.00 0.00 X 0 50000 0 KRZYSZTOF PALCZEWSKI BOARD MEMBER 1.00 0.00 X 0 0 0 WILLIAM H PRESS TREASURER 1.00 19.00 X X 0 0 0 DAVID TIRRELL BOARD MEMBER 1.00 0.00 X 0 0 0 YANNIS C YORTSOS BOARD MEMBER (BEG 1/26/2024) 1.00 0.00 X 0 70000 0 ALTON ROMIG EXECUTIVE SECRETARY 1.00 37.50 X 0 350852 98938 KENNETH FULTON EXECUTIVE DIRECTOR 1.00 37.50 X 0 342458 81130 EBUN JOHNSON CHIEF FINANCIAL OFFICER 1.00 37.50 X 0 296016 77449 0 4326999 549384 0 0 1 0 0 47000 47000 48621 48621 82791 0 82791 82791 82791 665505 74931 590574 590574 590574 768986 0 0 721986 651338 651338 5030 5030 44440 44440 70323 70323 4034 4034 9244 9244 77235 72722 4513 823 823 442368 442368 19667 19667 1324502 1166428 158074 0 33002 108171 2232 28387 16658488 11989528 4738147 4668960 13184602 14043852 0 0 0 0 17957983 18849370 6763 6966 317801 827267 324564 834233 X 1833817 1356285 15799602 16658852 17633419 18015137 17957983 18849370 -555516 937234 0 X 0 1 X 1 0 X X 2 NATIONAL ACADEMY OF SCIENCES (NAS) 530196932 7 1 651338 0 NATIONAL ACADEMY OF ENGINEERING FUND (NAEF) 237284092 7 1 0 0 2 651338 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13184602 1576429 651338 65841 14043852 12575608 1377151 641300 126857 13184602 15074623 -1472780 883371 142864 12575608 13881899 2012613 749814 70075 15074623 13252272 1348319 624869 93823 13881899 1.00000 0 1 1 2615000 2615000 12940269 11251720 1688549 945419 737808 207611 157800 157800 4668960 OTHER SECURITIES 14043852 F 14043852 DUE TO NATIONAL ACADEMY OF SCIENCES 827267 827267 X 1635897 937234 937234 698663 70323 70323 768986 1254179 0 1254179 70323 70323 1324502 PART V, LINE 4: A PORTION OF THE ENDOWMENT INCOME IS MADE AVAILABLE ANNUALLY FOR MAINTENANCE, OPERATION AND STAFFING OF THE BECKMAN CENTER. PART X, LINE 2: LIABILITY FOR UNCERTAIN TAX POSITIONS TNAC HAS DETERMINED THAT THERE ARE NO MATERIAL UNRELATED BUSINESS ACTIVITIES OR UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 1 NATIONAL ACADEMY OF SCIENCES 2101 CONSTITUTION AVENUE NW WASHINGTON DC 20418 530196932 501(C)(3) 651338 0 BECKMAN CENTER OPERATIONS 1 0 PART I, LINE 2: MONITORING THE USE OF GRANTS AND OTHER ASSISTANCE THE REPORTING ORGANIZATION MADE A GRANT TO THE NATIONAL ACADEMY OF SCIENCES, A SUPPORTED ORGANIZATION, TO SUPPORT BECKMAN CENTER OPERATIONS. 0 0 0 0 0 0 0 0 0 MARCIA MCNUTT CHAIR 0 836443 0 0 0 252960 0 64250 0 34509 0 1188162 0 0 JOHN ANDERSON PRESIDENT 0 813493 0 0 0 249148 0 64250 0 33809 0 1160700 0 0 VICTOR DZAU BOARD MEMBER 0 816484 0 0 0 249145 0 64250 0 30799 0 1160678 0 0 ALTON ROMIG EXECUTIVE SECRETARY 0 308045 0 12206 0 30601 0 64250 0 34688 0 449790 0 0 KENNETH FULTON EXECUTIVE DIRECTOR 0 338357 0 0 0 4101 0 63946 0 17184 0 423588 0 0 EBUN JOHNSON CHIEF FINANCIAL OFFICER 0 293326 0 0 0 2690 0 41605 0 35844 0 373465 0 0 PART I, LINE 3 METHODS USED TO ESTABLISH COMPENSATION COMPENSATION FOR OFFICERS IS PAID BY THE NATIONAL ACADEMY OF SCIENCES (NAS), A RELATED ORGANIZATION, AND COMPENSATION DECISIONS ARE MADE BY NAS IN ACCORDANCE WITH ITS POLICIES AND PROCEDURES. FOR EXAMPLE, COMPENSATION DECISIONS FOR DISQUALIFIED PERSONS AS DEFINED IN IRC SECTION 4958 ARE MADE ANNUALLY BY AN EXECUTIVE COMPENSATION COMMITTEE COMPOSED OF INDEPENDENT MEMBERS ON THE BASIS OF COMPARABILITY DATA AND THERE IS A RECORD OF THEIR DELIBERATIONS AND DECISIONS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE DRAFT 990 IS PREPARED BY THE NAS OFFICE OF THE CHIEF FINANCIAL OFFICER. IT IS REVIEWED BY THE NAS OFFICE OF GENERAL COUNSEL AND AN EXTERNAL TAX ADVISER BEFORE BEING REVIEWED BY THE TNAC EXECUTIVE COMMITTEE. THE FINAL FORM IS THEN MADE AVAILABLE TO THE FULL TNAC BOARD PRIOR TO ITS SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY MONITORING AND ENFORCEMENT ANNUALLY, THE NAS GENERAL COUNSEL LEADS A DISCUSSION AT THE MEETING OF OFFICERS AND DIRECTORS AT WHICH THE CONFLICT OF INTEREST POLICY IS REVIEWED. ALL OFFICERS/DIRECTORS ARE ASKED ABOUT ANY CURRENT CONFLICTS AND REMINDED THEY MUST ABIDE BY THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION COMPENSATION FOR OFFICERS IS PAID BY THE NAS, A RELATED ORGANIZATION, AND COMPENSATION DECISIONS ARE MADE BY NAS IN ACCORDANCE WITH ITS POLICIES AND PROCEDURES. FOR EXAMPLE, COMPENSATION DECISIONS FOR DISQUALIFIED PERSONS AS DEFINED IN IRC SECTION 4958 ARE MADE ANNUALLY BY AN EXECUTIVE COMPENSATION COMMITTEE COMPOSED OF INDEPENDENT MEMBERS ON THE BASIS OF COMPARABILITY DATA AND THERE IS A RECORD OF THEIR DELIBERATIONS AND DECISIONS. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC THE ORGANIZATION MAKES THESE DOCUMENTS AVAILABLE TO THE EXTENT REQUIRED BY LAW. FORM 990, PART X, LINE 12: INVESTMENT IN OTHER SECURITIES THE NATIONAL ACADEMIES CORPORATION'S (TNAC) INVESTMENT ASSETS ARE HELD BY THE NATIONAL ACADEMY OF SCIENCES (NAS), A RELATED ORGANIZATION, FOR THE BENEFIT OF TNAC, AS PART OF THE NAS ENDOWMENT AND OTHER LONG-TERM INVESTMENTS POOL AND THE NAS PROGRAM INVESTMENTS POOL, AND IN ACCORDANCE WITH THE POOLS' GENERAL RULES, INVESTMENT POLICIES, AND OPERATIONAL PRACTICES. TNAC'S ASSETS INVESTED IN THE POOLS PARTICIPATE ON A PRO RATA BASIS IN THE INVESTMENT RETURN (LOSS) AND EXPENSES OF THE POOLS. THE POOLS ARE INVESTED IN A DIVERSIFIED PORTFOLIO CONSISTING OF MONEY MARKET ACCOUNTS, FIXED INCOME AND EQUITY MUTUAL AND CLOSED-END FUNDS, CORPORATE AND U.S. GOVERNMENT SECURITIES, EQUITIES FUTURES, PRIVATE EQUITY FUNDS, AND HEDGE FUNDS. FORM 990, PART VII, SECTION A: ROGER MCCARTHY RECEIVED COMPENSATION OF $50,000 FROM THE NAS, A RELATED ORGANIZATION, FOR HIS ROLE AS THE TREASURER OF THE NATIONAL ACADEMY OF ENGINEERING (NAE). THIS COMPENSATION IS UNRELATED TO HIS SERVICE ON THE TNAC BOARD. YANNIS YORTSOS RECEIVED COMPENSATION OF $70,000 FROM THE NAS, A RELATED ORGANIZATION, IN HIS CAPACITY AS EDITOR-IN-CHIEF OF THE PROCEEDINGS OF THE NATIONAL ACADEMY OF SCIENCES (PNAS) NEXUS, A SCIENCE JOURNAL PUBLISHED BY THE ORGANIZATION. THIS COMPENSATION IS UNRELATED TO HIS SERVICE ON THE TNAC BOARD. NATIONAL ACADEMY OF SCIENCES 2101 CONSTITUTION AVENUE NW WASHINGTON DC 20418 530196932 SCIENTIFIC RESEARCH DC 501(C)(3) LINE 7 N/A 0 NATIONAL ACADEMY OF ENGINEERING FUND 2101 CONSTITUTION AVENUE NW WASHINGTON DC 20418 237284092 SCIENTIFIC SUPPORT DC 501(C)(3) LINE 7 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 PART II, COLUMN C: THE NATIONAL ACADEMY OF SCIENCES IS A FEDERALLY CHARTERED TAX-EXEMPT CORPORATION CHARTERED BY AN ACT OF CONGRESS IN 1863, AND IS NOT A DISTRICT OF COLUMBIA CORPORATION.