2025-11-14T13:30:40-06:00 2024-12-31 953001179 WINDES INC PO BOX 87 LONG BEACH CA 908010087 990 2024-01-01 521278303 THE RICHARD NIXON FOUNDATION RICH 7149935075 18001 YORBA LINDA BLVD YORBA LINDA CA 928863949 JOE LOPEZ ACTING CEO 7149935075 2025-11-12 1 1 ELEANOR A LIVINGSTON CPA MST P00226461 5624351191 2025-11-12 2024 2025-03-06 01:10:19Z JOE LOPEZ 18001 YORBA LINDA BLVD YORBA LINDA CA 928863949 14555337 0 X NIXONFOUNDATION.ORG X 1983 CA SEE SCHEDULE O, FORM 990, PART 1, LINE 1 25 23 67 205 21993 0 7962663 5832184 353201 321611 453442 2443088 2490406 2361920 11259712 10958803 279993 272438 0 0 3830757 4548700 0 0 410154 6384303 6236519 10495053 11057657 764659 -98854 77097055 74791209 9163737 8908089 67933318 65883120 X THE RICHARD NIXON FOUNDATION IS AN EDUCATIONAL INSTITUTION, A 501(C)(3) NOT-FOR-PROFIT CORPORATION, DELAWARE, 1983. THE RICHARD NIXON FOUNDATION APPLIES THE LEGACY AND VISION OF PRESIDENT RICHARD NIXON TO DEFINING ISSUES THAT FACE OUR NATION AND THE WORLD TODAY. THE YORBA LINDA BASED FOUNDATION ACTIVELY ENCOURAGES AND SUPPORTS SCHOLARSHIPS, SPONSORS IN-PERSON AND ONLINE PROGRAMS THAT ENGAGE THE PUBLIC WITH AMERICAN CIVICS, CREATES AND PROMOTES EDUCATIONAL PROGRAMS AND FOSTERS DISCUSSION AND DEBATE ABOUT AMERICA'S THIRTY-SEVENTH PRESIDENT. 0 0 8786755 272438 519546 PROGRAMMING INCLUDED FREE, COMMUNITY COMMEMORATIONS AND CELEBRATIONS THAT HAVE BECOME A STAPLE IN THE SOUTHERN CALIFORNIA AREA; THE NIXON FOUNDATION HOSTED LEGACY-ADVANCING CONTENT, SUCH AS THE NIXON NATIONAL CANCER CONFERENCE, THE NIXON GRAND STRATEGY SUMMIT, A CONFERENCE BRINGING TOGETHER SOME OF OUR NATION'S FINEST MINDS TO EXPLORE WHETHER THE UNITED STATES WAS FOLLOWING A GRAND STRATEGY IN ITS PURSUIT OF ITS INTERNATIONAL GOAL AND COMMUNITY-ORIENTED EVENTS, SUCH AS THE ANNUAL SEPTEMBER 11 COMMEMORATION, THE PAT NIXON DAY OF VOLUNTEER SERVICE, AND THE NIXON FOUNDATION'S ANNUAL PRESIDENTS DAY, MEMORIAL DAY, INDEPENDENCE DAY AND VETERANS DAY COMMEMORATIONS.WITH THE ONSET OF THE COVID-19 PANDEMIC, THE RICHARD NIXON FOUNDATION EMBARKED ON A CONQUERING COVID CAMPAIGN, WORKING WITH LOCAL BLOOD BANKS TO HOST BLOOD DRIVES RESULTING IN THOUSANDS OF DONATED UNITS OF BLOOD AND SAVING LIVES. THE CAMPAIGN CONTINUES WITH BLOOD DRIVES ADDED EVERY MONTH AT THE NIXON LIBRARY. 1387865 BI-PARTISAN LECTURE SERIES, SPECIAL TOURS AND EVENTS AT THE RICHARD NIXON LIBRARY AND MUSEUM.IN 2024, THE NIXON FOUNDATION CURATED AND OPENED A SPECIAL EXHIBITION, "THE ANCIENT WORLD: UNLOCKING THE MIDDLE EAST," WHICH PROVIDED CASE STUDIES OF SOME OF THE ANCIENT EMPIRES THAT ORIGINATE FROM THE MIDDLE EAST, PROVIDING CONTEMPORARY FRAMEWORK TO UNDERSTAND THE GEOPOLITICAL STRUGGLES THAT OCCURRED DURING THE COLD WAR BETWEEN IRAN (PERSIA), ISRAEL, AND EGYPT. FREE ADMISSION DAYS TO THE RICHARD NIXON LIBRARY AND MUSEUM IN YORBA LINDA, CA DURING NATIONAL HOLIDAYS; PROGRAMS COMMEMORATING THE LEGACY AND ACHIEVEMENTS OF THE 37TH PRESIDENT OF THE UNITED STATES:JANUARY 9, 2024 FOR RICHARD NIXON'S BIRTHDAYMARCH 16, 2024 FOR PAT NIXON'S BIRTHDAY 10174620 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 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 97 0 1 67 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 25 23 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X MAMTA DALAL 7149935075 18001 YORBA LINDA BLVD YORBA LINDA CA 928863949 JAMES BYRON PRESIDENT & CEO 40.00 X X 349261 0 16084 ROBERT C OBRIEN CHAIRMAN & DIRECTOR 5.00 X X 60000 0 0 CHARLES ZHANG TREASURER 5.00 X X 0 0 0 LISA ARGYROS BOARD MEMBER 1.00 X 0 0 0 JOHN H CARLEY BOARD MEMBER 1.00 X 0 0 0 CHRISTOPHER NIXON COX BOARD MEMBER 1.00 X 0 0 0 PATRICIA NIXON COX BOARD MEMBER 1.00 X 0 0 0 STEVEN L CRAIG BOARD MEMBER 1.00 X 0 0 0 MONICA CROWLEY BOARD MEMBER 1.00 X 0 0 0 JULIE NIXON EISENHOWER BOARD MEMBER 1.00 X 0 0 0 MELANIE EISENHOWER BOARD MEMBER 1.00 X 0 0 0 CALLISTA L GINGRICH BOARD MEMBER 1.00 X 0 0 0 HUGH HEWITT BOARD MEMBER 1.00 X 0 0 0 LAWRENCE M HIGBY BOARD MEMBER 2.00 X 0 0 0 MING HSIEH BOARD MEMBER 1.00 X 0 0 0 BLAKE KERNEN BOARD MEMBER 1.00 X 0 0 0 BOBBIE KILBERG BOARD MEMBER 1.00 X 0 0 0 WILLIAM J KILBERG BOARD MEMBER 1.00 X 0 0 0 MARLENE MALEK BOARD MEMBER 1.00 X 0 0 0 JAMES V MAZZO BOARD MEMBER 1.00 X 0 0 0 MAUREEN DROWN NUNN BOARD MEMBER 1.00 X 0 0 0 JOHN RAKOLTA JR BOARD MEMBER 1.00 X 0 0 0 GEOFFERY C SHEPARD BOARD MEMBER 1.00 X 0 0 0 J PETER SIMON BOARD MEMBER 1.00 X 0 0 0 DANIELE STRUPPA BOARD MEMBER 1.00 X 0 0 0 DAVID TUKEY BOARD MEMBER 1.00 X 0 0 0 JAMISON PHELTS SECRETARY & EXEC. ASST. TO CEO 40.00 X 105559 0 8989 MAMTA DALAL CHIEF FINANCIAL OFFICER 40.00 X 172498 0 47590 LAURA CURTIS VP OF BUSINESS DEVELOPMENT 40.00 X 185397 0 35514 JOSEPH LOPEZ VP OF MARKETING 40.00 X 144892 0 31110 CHRIS NORDYKE VP OF EXTERNAL AFFAIRS 40.00 X 166739 0 40322 BENJAMIN O'NEILL DIRECTOR OF DEVELOPMENT 40.00 X 159890 0 41161 1344236 0 220770 11 0 1 0 WHITE HOUSE CATERING 17662 YORBA LINDA BLVD YORBA LINDA CA 92886 CATERING 519475 KTGY GROUP INC 17911 VON KARMAN SUITE 200 IRVINE CA 92614 ARCHITECTURE & PLANNING 298530 AMERICO BUILDERS LLC 1040 EAST HOWELL AVE ANAHEIM CA 92805 GENERAL CONTRACTOR 196485 AMERICAN GLOBAL STRATEGIES LLC 4676 KELL LANE ALEXANDRIA VA 22311 CONSULTANT 181500 BRENDA ST HILAIRE 12077 OAKLAND HILLS DRIVE LAS VEGAS NV 89141 CONSULTANT 180730 10 589121 5243063 5832184 ADMISSION REVENUE 713110 321611 321611 321611 1353459 1353459 43586 43586 2725315 626909 2098406 2098406 2098406 3830411 2740782 1089629 1089629 1089629 448771 228843 219928 197935 21993 10958803 519546 21993 4585080 122871 122871 149567 149567 539893 353664 143968 42261 3155852 2820672 119436 215744 167533 149649 7306 10578 411044 377195 2017 31832 274378 238979 17163 18236 13665 13411 127 127 68039 64637 1701 1701 133893 133893 860529 856719 330 3480 425725 424684 175 866 298139 286961 1376 9802 36954 32846 447 3661 342453 338835 1809 1809 193095 185604 689 6802 426379 426379 1040713 1040713 248114 235708 6203 6203 EXHIBITS AND SEMINARS 1387865 1387865 EQUIPMENT MAINTENANCE 533179 532240 469 470 MEMBERSHIP AND SUBSCRIP 113528 88638 509 24381 FUNDRAISING EXPENSE 53225 21290 31935 61024 25493 35265 266 11057657 10174620 472883 410154 633400 342415 4674524 4878678 17876580 15313499 163262 166896 246926 21498 42280566 32212571 10057993 10067995 35358491 35394752 7906914 8321225 159177 207134 19788 77117 77097055 74791209 1501423 1409356 295167 135000 731950 839282 6615013 6441072 20184 83379 9163737 8908089 X 5463912 2275862 62469406 63607258 67933318 65883120 77097055 74791209 X -98854 1798656 -3750000 X 0 1 X 1 0 X 2235572 3265024 23105289 7962663 5832184 42400732 2235572 3265024 23105289 7962663 5832184 42400732 3148337 39252395 1352649 2049080 2981269 3894159 4122360 14399517 8434 5112 17193 20951 21993 73683 1165 335 880 2380 56876312 2762215 0.69010 0.67750 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2020 AMOUNT: $ 1,165. 2021 AMOUNT: $ 335. 2022 AMOUNT: $ 880. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 37269100 3588791 1188000 39669891 37648694 1887406 2267000 37269100 46381817 5164984 3568139 37648694 44187754 4912009 2717946 46381817 41710375 4991336 2513957 44187754 0.00000 0.23090 0.76910 0 0 1993000 1993000 33956447 28797404 5159043 671823 621563 50260 5659296 2793604 2865692 10067995 ALTERNATIVES 8321225 F 8321225 OPERATING LEASE LIABILITY 83379 83379 X 8898425 1798656 24859 -3750000 -1926485 10824910 133893 133893 10958803 10948623 24859 24859 10923764 133893 133893 11057657 PART V, LINE 4: IN MAY 1998, THE FOUNDATION WAS NAMED AS A PRINCIPAL BENEFICIARY OF THE CHARLES G. REBOZO REVOCABLE TRUST (REBOZO TRUST). ALL FUNDS BEQUEATHED TO THE FOUNDATION FROM THE REBOZO TRUST HAVE BEEN PLACED IN A DESIGNATED ENDOWMENT FUND. BEGINNING IN 2003 AND CONTINUING OVER A FIVE-YEAR PERIOD, 4% OF THE FUND BALANCE AT THE END OF EACH YEAR WAS AUTHORIZED FOR RELEASE DURING THE FOLLOWING YEAR FOR OPERATING EXPENSES. EVERY THREE YEARS, THE DESIGNATED INDIVIDUALS OF THE REBOZO TRUST (THE "DESIGNATED INDIVIDUALS") CAN VOTE UNANIMOUSLY TO DECIDE ON WHETHER TO ADJUST THE FUTURE DISTRIBUTION PERCENTAGE BUT, IN NO EVENT, CAN THE DESIGNATED INDIVIDUALS MODIFY THE PERCENTAGE TO A FIGURE THAT IS LESS THAN THE GREATER OF THE MODIFIED PERCENTAGE FOR SUCH A PERIOD, OR 3.0%. IF FOR ANY REASON THERE IS A FAILURE TO FIX A MODIFIED PERCENTAGE, THE PERCENTAGE SHALL BE 3.0%. FOR EACH OF THE YEARS ENDED DECEMBER 31, 2024 AND 2023, THE DISTRIBUTION PERCENTAGE WAS 4.0%. PART X, LINE 2: THE FOUNDATION EVALUATES UNCERTAIN TAX POSITIONS WHEREBY THE EFFECT OF THE UNCERTAINTY WOULD BE RECORDED IF THE TAX POSITIONS WILL, MORE LIKELY THAN NOT, BE SUSTAINED UPON EXAMINATION. AS OF DECEMBER 31, 2024, MANAGEMENT DOES NOT BELIEVE THE FOUNDATION HAS ANY UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL OR DISCLOSURE. THE FOUNDATION IS SUBJECT TO POTENTIAL INCOME TAX AUDITS ON OPEN TAX YEARS BY ANY TAXING JURISDICTION IN WHICH IT OPERATES. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY. PART XI, LINE 2D - OTHER ADJUSTMENTS: IMPAIREMENT OF RESTRCITED PLEDGE -3,750,000. 1 CHAPMAN UNIVERSITY 1 UNIVERSITY DRIVE ORANGE CA 92886 951643992 501(C)(3) 19833 0 TO SUPPORT THE PRESIDENTIAL STUDIES PROGRAM AND RESEARCH EXPENSES ANDERSON GROUP PUBLIC RELATIONS LTD 21800 WEST OXNARD ST SUITE 420 WOODLAND HILLS CA 91367 205055458 44245 0 DOCUMENTARY FILM PRODUCTION AURORA MARKETING LLC 1122 HARTZELL ST PACIFIC PALISADES CA 90272 991428570 51480 0 DOCUMENTARY FILM PRODUCTION 1 2 RESEARCH GRANTS 2 149567 FORM 990, SCHEDULE I, PART II, DISCLOSURE: IN 2021, THE ORGANIZATION AWARDED A 5-YEAR GRANT OF $720,000 TO CHAPMAN UNIVERSITY WHICH WAS REPORTED ON SCHEDULE I NET OF THE PRESENT VALUE DISCOUNT. THE GRANT AMOUNT REPORTED IN 2024 TO CHAPMAN UNIVERSITY IS THE CURRENT YEAR ACCRUAL OF THE PRESENT VALUE DISCOUNT FOR THE 2021 PLEDGE. X X 1 0 X X X X X 0 0 0 0 0 0 0 0 0 JAMES BYRON PRESIDENT & CEO 349261 0 0 0 0 0 9333 0 6751 0 365345 0 0 0 LAURA CURTIS VP OF BUSINESS DEVELOPMENT 185397 0 0 0 0 0 15131 0 20383 0 220911 0 0 0 MAMTA DALAL CHIEF FINANCIAL OFFICER 172498 0 0 0 0 0 13442 0 34148 0 220088 0 0 0 CHRIS NORDYKE VP OF EXTERNAL AFFAIRS 166739 0 0 0 0 0 13624 0 26698 0 207061 0 0 0 BENJAMIN O'NEILL DIRECTOR OF DEVELOPMENT 159890 0 0 0 0 0 13200 0 27961 0 201051 0 0 0 JOSEPH LOPEZ VP OF MARKETING 144892 0 0 0 0 0 10273 0 20837 0 176002 0 0 0 PART I, LINE 1A THE TRAVEL POLICY FOR THE FOUNDATION PROVIDES FOR BUSINESS OR FIRST CLASS AIRFARE REIMBURSEMENT FOR THE CHAIRMAN. SPOUSE TRAVEL, ON BEHALF OF THE CHAIRMAN AND THE PRESIDENT, IS PROVIDED FOR WHEN IT IS IN THE FURTHERANCE OF THE FOUNDATION'S MISSION. AMERICAN GLOBAL STRATEGIES LLC ENTITY MORE THAN 35% OWNED BY A CURRENT DIRECTOR 181500 LEGAL SERVICES RELATED TO THE EXTENSION OF THE LIBRARY CAMPUS. ROBERT C. O'BRIEN IS A PARTNER AND MORE THAN 35% OWNER OF THE ENTITY, AND IS CHAIRMAN AND DIRECTOR OF THE RICHARD NIXON FOUNDATION. 0 FORM 990, PART I, LINE I, DESCRIPTION OF ORGANIZATION MISSION: THE RICHARD NIXON FOUNDATION IS AN EDUCATIONAL INSTITUTION, A 501(C)(3) NOT-FOR-PROFIT CORPORATION, DELAWARE, 1983. THE RICHARD NIXON FOUNDATION APPLIES THE LEGACY AND VISION OF PRESIDENT RICHARD NIXON TO DEFINING ISSUES THAT FACE OUR NATION AND THE WORLD TODAY. THE YORBA LINDA BASED FOUNDATION ACTIVELY ENCOURAGES AND SUPPORTS SCHOLARSHIPS, SPONSORS IN-PERSON AND ONLINE PROGRAMS THAT ENGAGE THE PUBLIC WITH AMERICAN CIVICS, CREATES AND PROMOTES EDUCATIONAL PROGRAMS AND FOSTERS DISCUSSION AND DEBATE ABOUT AMERICA'S THIRTY-SEVENTH PRESIDENT. FORM 990, PART VI, SECTION A, LINE 2 PATRICIA NIXON COX, JULIE NIXON EISENHOWER, CHRISTOPHER NIXON COX, AND MELANIE EISENHOWER HAVE A FAMILY RELATIONSHIP. WILLIAM J. KILBERG AND BOBBIE KILBERG HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE FOUNDATION ARE THE DAUGHTERS OF FORMER PRESIDENT NIXON: PATRICIA NIXON COX AND JULIE NIXON EISENHOWER. THE OTHER MEMBERS ARE: ROBERT C. O'BRIEN - CHAIRMAN OF THE BOARD & CHAIRMAN OF EXECUTIVE COMMITTEE, CHARLIE ZHANG - CHAIRMAN OF THE BUDGET AND FINANCE COMMITTEE, AND TREASURER OF THE BOARD, EVERETT ALVAREZ, JR. - CHAIRMAN OF THE AUDIT COMMITTEE, LAWRENCE M. HIGBY - CHAIRMAN OF THE COMPENSATION COMMITTEE, J. PETER SIMON - CHAIRMAN OF THE INVESTMENT COMMITTEE. FORM 990, PART VI, SECTION A, LINE 7A THE RESPONSIBILITY OF THE MEMBERS AT THE ANNUAL MEMBERS MEETING IS TO ELECT THE DIRECTORS FOR A ONE YEAR TERM. THERE WERE A TOTAL OF 25 DIRECTORS ELECTED AT THE 2024 ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE SHALL HAVE THE RESPONSIBILITY FOR REVIEWING THE FORM 990 (INCLUDING ALL PERTINENT SCHEDULES) BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. A DRAFT OF THE FORM 990 SHOULD BE READY FOR REVIEW BY THE AUDIT COMMITTEE NO LATER THAN ONE MONTH PRIOR TO THE FILING DEADLINE. AFTER THE DRAFT OF THE FORM 990 HAS BEEN PROVIDED TO THE AUDIT COMMITTEE, IT WILL HAVE NO MORE THAN TWO WEEKS TO COMPLETE ITS REVIEW. IN CONDUCTING ITS REVIEW OF THE DRAFT OF THE FORM 990, IT IS PREFERRED THAT THE AUDIT COMMITTEE SHALL CONDUCT A TOP-LEVEL TYPE OF REVIEW. HOWEVER, IF THE AUDIT COMMITTEE DESIRES OR DEEMS IT NECESSARY TO CONDUCT A MORE DETAILED REVIEW OF THE FORM 990, THEN IT SHOULD CONTACT THE PREPARER OF THE FORM 990 TO REQUEST COPIES OF THE RELEVANT DETAILED TAX RETURN WORKPAPERS. ONCE THE AUDIT COMMITTEE HAS COMPLETED ITS INITIAL REVIEW OF THE FORM 990, A MEETING OR CONFERENCE CALL WILL BE SCHEDULED WITH THE PREPARER OF THE FORM 990 (REGARDLESS OF WHETHER THE FORM 990 IS EXTERNALLY OR INTERNALLY PREPARED) TO DISCUSS ANY QUESTIONS, COMMENTS, AND SUGGESTED REVISIONS IDENTIFIED BY THE AUDIT COMMITTEE. THE PREPARER OF THE FORM 990 SHOULD MAKE ANY REVISIONS TO THE FORM 990 AS SOON AS FEASIBLY POSSIBLE TO ENSURE THAT THE FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE ON A TIMELY BASIS. ALL OF THE QUESTIONS, COMMENTS, AND SUGGESTED REVISIONS SET FORTH BY THE AUDIT COMMITTEE SHOULD BE DOCUMENTED, ALONG WITH ANY RESPONSES FROM THE PREPARER OF THE FORM 990, IF APPLICABLE. AFTER THE FORM 990 HAS BEEN REVIEWED AND APPROVED BY THE AUDIT COMMITTEE, A COPY IS DISSEMINATED TO THE FULL BOARD PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C MANAGEMENT REGULARLY MONITORS TRANSACTIONS FOR CONFLICT OF INTEREST. THREE BIDS ARE REQUIRED ON SIGNIFICANT CONTRACTS AND MANAGEMENT APPROVAL IS REQUIRED FOR ALL OTHER TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS A WRITTEN POLICY IN PLACE OUTLINING PROCEDURES FOR EXECUTIVE COMPENSATION REVIEW. THE COMPENSATION COMMITTEE OF THE BOARD ANNUALLY REVIEWS THE EXECUTIVE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 18 THE PUBLIC INSPECTION COPY OF THE FORM 990 AND FORM 990-T, FROM THE PREVIOUS THREE YEARS (AT MINIMUM), WILL BE AVAILABLE (FOR INSPECTION OR COPYING) AT THE MAIN OFFICE DURING NORMAL BUSINESS HOURS AT NO CHARGE. FORM 990, PART VI, SECTION C, LINE 19 THE FOLLOWING ORGANIZATIONAL DOCUMENTS OF THE ORGANIZATION WILL BE AVAILABLE FOR PUBLIC INSPECTION: PREVIOUS THREE YEAR TAX RETURNS (FORM 990 AND FORM 990-T) AND IRS CONFIRMATION OF EXEMPT STATUS. ALL OF THE AFOREMENTIONED ORGANIZATIONAL DOCUMENTS WILL ALSO BE POSTED ON THE WEB SITE. THE ORGANIZATION WILL USE ITS BEST EFFORTS TO ENSURE THAT THE DOCUMENTS POSTED ON THE WEBSITE ARE THE MOST UPDATED VERSIONS OF SUCH. THE PUBLIC INSPECTION COPY OF THE FORM 990 WILL NOT INCLUDE SCHEDULE A EXCESS CONTRIBUTORS OR THE SCHEDULE B NAMES AND ADDRESSES OF CONTRIBUTORS. THE ORGANIZATION WILL USE ITS BEST EFFORTS TO ENSURE THAT THE FORMS 990 AND 990-T HELD AT THE MAIN OFFICE AND POSTED ON THE WEBSITE ARE THE MOST UPDATED VERSIONS OF SUCH. FOR EXAMPLE, IN THE INSTANCE WHERE A FORM 990 HAS BEEN AMENDED, THE AMENDED VERSION OF THE FORM 990 OR FORM 990-T SHOULD BE THE ONE AVAILABLE FOR PUBLIC INSPECTION. WHEN RESPONDING TO A PUBLIC INSPECTION REQUEST FOR ANY ORGANIZATIONAL DOCUMENT OR FORM 990 (INCLUDING FORM 990-T) BY ANYONE, THE ORGANIZATION SHALL FULFILL SUCH REQUEST IN A TIMELY FASHION WITHOUT INQUIRING AS TO THE REASON FOR THE PUBLIC INSPECTION REQUEST. THE ORGANIZATION WAS GRANTED EXEMPT STATUS BY THE INTERNAL REVENUE SERVICE IN AUGUST 1983. THE FOUNDATION POSTS, ON ITS WEBSITE, A LETTER FROM THE IRS DATED JUNE 22, 1998 CONFIRMING ITS EXEMPT STATUS EFFECTIVE AUGUST 1983. FORM 990, PART XI, LINE 9: IMPAIREMENT OF RESTRCITED PLEDGE -3,750,000.