2025-04-14T19:15:17-05:00 2024-05-22 221478099 COHNREZNICK LLP 7501 WISCONSIN AVENUE SUITE 400E BETHESDA MD 20814 990 2024-01-01 942666764 THE WALTER KAITZ FOUNDATION WALT 2022222490 25 MASSACHUSETTS AVE NW SUITE 100 WASHINGTON DC 20001 NILDA GUMBS ACTING EXEC. DIRECTOR 2022222490 2025-04-13 1 1 DANIEL O'SHEA P00957510 3016529100 2025-04-11 2024 2025-03-06 01:10:19Z X NILDA GUMBS 25 MASSACHUSETTS AVE NW SUITE 100 WASHINGTON DC 20001 1765500 0 X WWW.WALTERKAITZ.ORG X 1980 CA THE WALTER KAITZ FOUNDATION CHAMPIONS DIVERSITY, EQUITY, AND INCLUSION IN THE CABLE, MEDIA, ENTERTAINMENT, AND TECHNOLOGY INDUSTRIES. THE FOUNDATION SUPPORTS INITIATIVES THAT DEVELOP AND ADVANCE HISTORICALLY UNDERREPRESENTED TALENT TO DRIVE INNOVATION, BUSINESS PERFORMANCE, AND POSITIVE COMMUNITY IMPACT. X 18 17 0 17 0 0 1721555 940836 35000 0 90598 261990 -315939 0 1531214 1202826 766450 4237567 0 0 488918 163504 0 0 171756 560578 204016 1815946 4605087 -284732 -3402261 3666462 0 123782 0 3542680 0 X THE WALTER KAITZ FOUNDATION CHAMPIONS DIVERSITY, EQUITY, AND INCLUSION IN THE CABLE, MEDIA, ENTERTAINMENT, AND TECHNOLOGY INDUSTRIES. THE FOUNDATION SUPPORTS INITIATIVES THAT DEVELOP AND ADVANCE HISTORICALLY UNDERREPRESENTED TALENT TO DRIVE INNOVATION, BUSINESS PERFORMANCE, AND POSITIVE COMMUNITY IMPACT. 0 0 4237567 4237567 GRANTS PROGRAM:THE WALTER KAITZ FOUNDATION FUNDS PROGRAMS THAT DRIVE DIVERSITY, EQUITY, AND INCLUSION ACROSS THE CABLE, MEDIA, ENTERTAINMENT, AND TECHNOLOGY INDUSTRIES. OUR GRANTS SUPPORT INITIATIVES THAT PROVIDE MULTI-YEAR PAID INTERNSHIPS FOR UNDERREPRESENTED STUDENTS, PROFESSIONAL DEVELOPMENT FOR DIVERSE TALENT, MENTORSHIP PROGRAMS, AND LEADERSHIP TRAINING FOR WOMEN AND ETHNIC MINORITIES. THESE EFFORTS HELP BUILD INCLUSIVE TALENT PIPELINES AND DEVELOP A WORKFORCE EQUIPPED TO LEAD INNOVATION AND FOSTER LONG-TERM BUSINESS SUCCESS. ADDITIONALLY, THE FOUNDATION IDENTIFIES AND PROVIDES GRANTS TO ORGANIZATIONS WITHIN THE MEDIA AND ENTERTAINMENT ECOSYSTEM THAT ARE CREATING POSITIVE SOCIAL IMPACT IN AREAS SUCH AS SUSTAINABILITY, DIGITAL LITERACY, AND ECONOMIC INCLUSION FOR UNDERSERVED COMMUNITIES. 129396 OUTREACH PROGRAM:THE FOUNDATION SUPPORTS RESEARCH THAT BENCHMARKS INDUSTRY PROGRESS ON DIVERSITY AND PAY EQUITY. THESE STUDIES PROVIDE CRITICAL DATA ON MULTI-ETHNIC EMPLOYMENT AND GENDER EQUALITY, HELPING COMPANIES ENHANCE RECRUITMENT, RETENTION, AND COMPENSATION PRACTICES. THE RESEARCH INFORMS STRATEGIES THAT FOSTER MORE INCLUSIVE WORKPLACES BY OFFERING CLEAR INSIGHTS INTO WORKFORCE DIVERSITY. 4366963 1 1 0 0 0 0 0 0 0 0 0 0 0 0 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 0 1 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 18 17 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X SHANNON SCOTT 2022222393 25 MASSACHUSETTS AVE NW SUITE 100 WASHINGTON DC 200011431 MICHAEL POWELL PRESIDENT & CEO 3.00 42.00 X X 0 3289172 53019 PAT MCADARAGH CHAIRMAN 1.00 1.10 X X 0 0 0 MARK GREATREX VICE-CHAIRMAN 1.00 1.10 X X 0 0 0 DAVE WATSON TREASURER 1.00 1.10 X X 0 0 0 BOB BAKISH SECRETARY 1.00 1.10 X X 0 0 0 PAUL BUCCIERI DIRECTOR 1.00 1.10 X 0 0 0 KRISTIN DOLAN DIRECTOR 1.00 1.10 X 0 0 0 RONALD DUNCAN DIRECTOR 1.00 1.10 X 0 0 0 JOHN D EVANS DIRECTOR 1.00 1.10 X 0 0 0 KATHLEEN FINCH DIRECTOR 1.00 1.10 X 0 0 0 SANDY HOWE DIRECTOR 1.00 1.10 X 0 0 0 ALFRED LIGGINS III DIRECTOR 1.00 1.10 X 0 0 0 JOHN PASCARELLI DIRECTOR 1.00 1.10 X 0 0 0 JAMES PITARO DIRECTOR 1.00 1.10 X 0 0 0 SUZANNE SCOTT DIRECTOR 1.00 1.10 X 0 0 0 RICHARD SJOBERG DIRECTOR 1.00 1.10 X 0 0 0 CHUCK TREADWAY DIRECTOR 1.00 1.10 X 0 0 0 CHRIS WINFREY DIRECTOR 1.00 1.10 X 0 0 0 NILDA GUMBS CHIEF OF STAFF 11.00 34.00 X 0 210870 32209 0 3500042 85228 0 0 1 0 0 802836 138000 940836 22154 22154 802510 562674 239836 239836 239836 1202826 0 0 261990 4237567 4237567 133666 46783 26733 60150 12025 4209 2405 5411 9560 3346 1912 4302 8253 2889 1650 3714 98251 34388 19650 44213 23960 8386 4792 10782 1113 1113 72870 23407 7550 41913 855 299 171 385 847 297 169 381 924 323 185 416 EVENTS 5000 5000 HONORARIA/GIFTS 196 69 38 89 4605087 4366963 66368 171756 23469 0 98346 0 0 70000 0 0 0 0 0 0 0 4618 0 3470029 0 0 0 0 0 3666462 0 123782 0 123782 0 X 3542680 0 3542680 0 3666462 0 -3402261 -140419 0 X 0 0 0 X 1389150 1377114 1701246 1721555 940836 7129901 1389150 1377114 1701246 1721555 940836 7129901 3692726 3437175 61313 72690 66624 90872 22154 313653 7443554 230600 0.46180 0.47710 X PART II, SHORT YEAR EXPLANATION: THE WALTER KAITZ FOUNDATION CEASED OPERATIONS 05/22/2024. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 EMMA BOWEN FOUNDATION 282 KATONAH AVE UNIT KATONAH NY 10536 222635292 501(C)(3) 285000 0 N/A N/A PROMOTE DIVERSITY IN THE CABLE INDUSTRY NATL ASSOC FOR MULTI-ETHNICITY IN COMM 50 BROAD ST STE 1801 NEW YORK NY 10004 841488263 501(C)(6) 340000 0 N/A N/A PROMOTE DIVERSITY IN THE CABLE INDUSTRY T HOWARD FOUNDATION 8630 FENTON STREET SUITE 316 SILVER SPRING MD 20910 541712500 501(C)(3) 175000 0 N/A N/A PROMOTE DIVERSITY IN THE CABLE INDUSTRY THE WICT NETWORK INC 2000 K ST NW SUITE 350 WASHINGTON DC 20006 363814358 501(C)(3) 300000 0 N/A N/A PROMOTE DIVERSITY IN THE CABLE INDUSTRY NCTA EDUCATION FOUNDATION INC 25 MASSACHUSETTS AVE NW STE 100 WASHINGTON DC 20001 521653760 501(C)(3) 3137567 0 N/A N/A PROMOTE DIVERSITY IN THE CABLE INDUSTRY 4 1 SCHEDULE I, PART I, LINE 2: THE WALTER KAITZ FOUNDATION MONITORS THE USE OF PROGRAM FUNDS THROUGH A DETAILED REVIEW OF GRANTEES' AUDITED FINANCIALS AND IRS 990S. IN ADDITION TO THESE REVIEWS, THE FOUNDATION REQUIRES GRANTEES TO SUBMIT MID-YEAR AND POST-YEAR FINANCIAL AND PROGRAMMATIC REPORTS TO DEMONSTRATE THAT THE USE OF FUNDS ALIGNS WITH THE DETAILS PROVIDED IN THEIR GRANT APPLICATIONS. THESE REPORTS INCLUDE SUCCESS METRICS AND DESCRIPTIONS OF HOW THE PROGRAM OUTCOMES ADVANCE THE GRANTEE'S MISSION AND STRATEGIC PRIORITIES. GRANTEES ARE ALSO SUBJECT TO INDEPENDENT THIRD-PARTY EVALUATIONS TO ENSURE THAT FUNDED PROGRAMS ARE MEETING THEIR INTENDED GOALS AND DELIVERING MEANINGFUL IMPACT. 0 1 0 0 0 0 0 1 0 MICHAEL POWELL PRESIDENT & CEO 0 1947757 0 1300000 0 41415 0 42310 0 10709 0 3342191 0 0 NILDA GUMBS CHIEF OF STAFF 0 198541 0 0 0 12329 0 24387 0 7822 0 243079 0 11000 PART I, LINE 4B: THE PRESIDENT & CEO OF NCTA - THE INTERNET & TELEVISION ASSOCIATION PARTICIPATES IN A DEFERRED COMPENSATION AGREEMENT ADMINISTERED BY NCTA - THE INTERNET & TELEVISION ASSOCIATION. CASH 2024-05-22 23469 BOOK VALUE 521653760 THE NCTA EDUCATION FOUNDATION INC 25 MASSACHUSETTS AVE NW SUITE 100 WASHINGTON DC 20001 501(C)(3) SAVING AND TEMPORARY INVESTMENTS 2024-05-22 98346 BOOK VALUE 521653760 THE NCTA EDUCATION FOUNDATION INC 25 MASSACHUSETTS AVE NW SUITE 100 WASHINGTON DC 20001 501(C)(3) ACCOUNTS RECEIVABLE 2024-05-22 70000 BOOK VALUE 521653760 THE NCTA EDUCATION FOUNDATION INC 25 MASSACHUSETTS AVE NW SUITE 100 WASHINGTON DC 20001 501(C)(3) BUILDINGS AND EQUIPMENT 2024-05-22 4618 BOOK VALUE 521653760 THE NCTA EDUCATION FOUNDATION INC 25 MASSACHUSETTS AVE NW SUITE 100 WASHINGTON DC 20001 501(C)(3) INVESTMENTS 2024-05-22 3470029 BOOK VALUE 521653760 THE NCTA EDUCATION FOUNDATION INC 25 MASSACHUSETTS AVE NW SUITE 100 WASHINGTON DC 20001 501(C)(3) 1 0 0 0 1 1 1 1 0 PART I, LINE 2E: PERSON(S) INVOLVED: FORM 990, PART VII PART I, LINE 2E: EXPLANATION OF INVOLVEMENT: THE WALTER KAITZ FOUNDATION SHARES THE SAME BOARD AND OFFICERS AS THE NCTA EDUCATION FOUNDATION, INC. FORM 990, PART VI, SECTION A, LINE 7A THE NCTA BOARD OF DIRECTORS HAVE BEEN APPOINTED THE POWERS AND DUTIES OF THE BOARD OF TRUSTEES OF THE WALTER KAITZ FOUNDATION. NCTA'S BOARD OF DIRECTORS ARE ELECTED BY THE MEMBERS OF NCTA. THE OFFICERS OF THE ORGANIZATION, INCLUDING THE CHAIRMAN, VICE-CHAIRMAN, SECRETARY, TREASURER, AND PAST-CHAIRMAN, APPROVE THE OPERATING BUDGET, GRANTS AWARDED BY THE ORGANIZATION, AND MAKE DECISIONS RELATING TO THE FORMAL DINNER WHICH BRINGS ALL OF THE MEMBERSHIP TOGETHER. FORM 990, PART VI, SECTION A, LINE 7B PLEASE SEE THE EXPLANATION OFFERED IN REFERENCE TO FORM 990, PART VI, SECTION A, LINE 7A. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING OF FEDERAL FORM 990, THE FORM IS MAILED TO ALL BOARD MEMBERS WHO INDEPENDENTLY REVIEW THE FORM. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY ADDRESSING ANY CONFLICTS AT EVERY BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION'S EMPLOYEES ARE BILLED THROUGH NCTA'S PAYROLL, WITH NCTA ACTING AS A COMMON PAYMASTER AND BEING REIMBURSED TO NCTA FOR PERSONNEL COSTS. NCTA HAS THE FOLLOWING PROCEDURES IN PLACE: TOP MANAGEMENT, OFFICERS, AND KEY EMPLOYEES UNDERGO AN ANNUAL PERFORMANCE REVIEW OF THE INDIVIDUAL'S COMPENSATION. THE ORGANIZATION'S BOARD OF DIRECTORS MUST REVIEW AND APPROVE THE COMPENSATION OF THE PRESIDENT & CEO. THE ANNUAL COMPENSATION ADJUSTMENTS FOR ALL OTHER STAFF IS REVIEWED BY THE PRESIDENT & CEO. THE ORGANIZATION ALSO USED SALARY SURVEYS TO ENSURE THAT COMPENSATION AMOUNTS ARE WITHIN GUIDELINES FOR ALL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. NCTA - THE INTERNET & TELEVISION ASSOC 25 MASSACHUSETTS AVENUE NW WASHINGTON DC 20001 530222396 INDUSTRY REP. DC 501(C)(6) N/A N/A 0 THE NCTA EDUCATION FOUNDATION 25 MASSACHUSETTS AVENUE NW WASHINGTON DC 20001 521653760 EDUCATIONAL DC 501(C)(3) LINE 10 NCTA 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 NCTA - THE INTERNET & TELEVISION ASSOC O 164181 COST NCTA - THE INTERNET & TELEVISION ASSOC P 120350 COST