2026-06-22T10:09:21-05:00 2025-12-31 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2025-01-01 131837418 CANDID CAND 2126204230 32 OLD SLIP 24TH FL NEW YORK NY 10005 SAMANTHA BARBEE CHIEF OF OPER AND FINANCIAL OF 2126204230 2026-06-15 1 EVA MRUK P00543254 9143818900 2026-06-22 2025 2025-03-06 01:10:19Z SAMANTHA BARBEE 32 OLD SLIP 24TH FL NEW YORK NY 10005 67877099 0 X WWW.CANDID.ORG X 1956 NY CANDID GETS YOU THE INFORMATION YOU NEED TO DO GOOD. 17 17 221 19 0 0 4253145 5411138 33665747 32508121 2585152 2744525 356845 436309 40860889 41100093 0 0 0 0 19263947 24856837 0 0 1603971 13838494 16455636 33102441 41312473 7758448 -212380 106946485 107753716 27729932 25384773 79216553 82368943 X SEE SCHEDULE O 0 0 17592059 0 30589109 SEE SCHEDULE O - FOR NARRATIVE ON PRODUCTS 7401609 0 1818722 SEE SCHEDULE O - FOR NARRATIVE ON DATA COLLECTION AND ANALYSIS 6274574 0 100290 SEE SCHEDULE O - FOR NARRATIVE ON PUBLIC INTEREST AND OTHER PROGRAMS 31268242 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 56 0 221 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA DC FL GA HI IL KS KY LA ME MD MA MI MN MS NH NJ NM NY NC ND OK OR PA RI SC TN UT VA WA WV WI X X X SAMANTHA BARBEE CHIEF OF OPERATING 2126204230 32 OLD SLIP 24TH FLOOR NEW YORK NY 100053500 MELISSA BERMAN CHAIR 1.00 X X 0 0 0 DONNA MURRAY-BROWN VICE CHAIR & SECRETARY 1.00 X X 0 0 0 BRIAN TRELSTAD TREASURER 1.00 X X 0 0 0 ANA MARIE ARGILAGOS TRUSTEE THRU 02/2025 1.00 X 0 0 0 ESTHER T BENJAMIN TRUSTEE 1.00 X 0 0 0 JOHN BROTHERS TRUSTEE 1.00 X 0 0 0 KAMI DAR TRUSTEE 1.00 X 0 0 0 NAILA FAROUKY TRUSTEE 1.00 X 0 0 0 MARIA DEL ROSARIO GALLEGO GARCIA TRUSTEE 1.00 X 0 0 0 MATT GEE TRUSTEE 1.00 X 0 0 0 STEPHEN GOODALL TRUSTEE 1.00 X 0 0 0 ROMANITA HAIRSTON TRUSTEE 1.00 X 0 0 0 KENNETH M JONES TRUSTEE 1.00 X 0 0 0 MOSUN LAYODE TRUSTEE 1.00 X 0 0 0 RHETT N MABRY TRUSTEE 1.00 X 0 0 0 LYLE MATTHEW KAN TRUSTEE 1.00 X 0 0 0 ANAHITA TAFVIZI TRUSTEE 1.00 X 0 0 0 ANGELA F WILLIAMS TRUSTEE 1.00 X 0 0 0 ANN MEI CHANG CEO 50.00 X 438420 0 51021 SAMANTHA BARBEE CHIEF OPER. & FINANCIAL OFFICER 50.00 X 303543 0 44441 CATHERINE WILLIAMS CHIEF DATA OFFICER 50.00 X 347207 0 48621 MIZMUN KUSAIRI SECRETARY/VP OF PLAN. THRU 05/2025 50.00 X 106026 0 15035 KEVIN L MULDER VP OF TECHNOLOGY 50.00 X 315753 0 80003 ANGELA HICKMAN SR. DIR. OF PRODUCT MANAGEMENT 50.00 X 227618 0 48562 JOHN GONZALEZ VP OF PRODUCT MGMT. THRU 08/2025 50.00 X 373636 0 50619 TRACY L WAKSLER VP OF GROWTH 50.00 X 289473 0 45014 DEANCA DICKEY VP OF TALENT 50.00 X 239101 0 33964 ALEDA GAGARIN VP OF INFLUENCE 50.00 X 234962 0 62895 2875739 0 480175 97 0 1 0 VENTION SOLUTIONS INC 697 MILL CREEK ROAD SUITE 13 MANAHAWKIN NJ 08050 SOFTWARE DEVELOPMENT CONSULTING 2678096 DRIVENDATA INC 700 COLORADO BOULEVARD 611 DENVER CO 80206 DATA SCIENCE & ENGINEERING CONSULTING 451958 PACCORE CORE SOLUTIONS 7545 IRVINE CENTER DR STE 200 IRVINE CA 92618 SOFTWARE ENGINEERING & QA CONSULTING 267066 AKRI SOLUTION PROS 8716 STONEHOUSE DR ELLICOTT CITY MD 21043 SCRUM MASTER CONSULTING 266400 BLUE STATE LLC 200 BROADWAY 3RD FLOOR NEW YORK NY 10038 WEBSITE PLANNING & DESIGN CONSULTING 254941 11 5411138 5411138 PRODUCT REVENUE 611710 30589109 30589109 CANDID COMMUNITY 611710 1530677 1530677 CANDID TRAINING 611710 288045 288045 100290 100290 32508121 2243082 2243082 143126 100126 43000 43000 43000 27178323 26676880 501443 501443 501443 MISC. INCOME 541800 393309 393309 393309 41100093 32508121 0 3180834 1750070 1404177 259880 86013 17656404 14166696 2621923 867785 1476657 1184802 219279 72576 2646400 2123351 392982 130067 1327306 1064970 197101 65235 215780 215780 197775 197775 74000 74000 183828 183828 107728 102326 4635 767 910822 909822 1000 1032052 196794 820493 14765 6374282 5290665 963093 120524 1727288 1159714 503154 64420 842357 405726 413599 23032 143014 143014 4259521 2936563 1172802 150156 216793 149561 59601 7631 STAFF DEVELOPMENT 142759 2424 140335 REPAIRS AND MAINTENANCE 25284 25284 SALES TAX EXPENSE 2103 2103 NYS TAXES PAID 250 250 41312473 31268242 8440260 1603971 2837665 2879565 8580731 535652 1553126 1073197 1593688 1704569 1001740 981711 62585800 26552363 29515330 36033437 53150819 57248522 8713386 7297063 106946485 107753716 1522731 1589001 14132976 13385049 12074225 10410723 27729932 25384773 X 69751251 72993256 9465302 9375687 79216553 82368943 106946485 107753716 X -212380 3571141 -206371 X X 0 1 X 1 0 X 23672424 7177743 8769879 4253145 5411138 49284329 23672424 7177743 8769879 4253145 5411138 49284329 7203236 42081093 21873 1097975 1583407 2122853 2386208 7212316 87673 30792 351636 287008 393309 1150418 57647063 162480289 0.73000 0.67870 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: VENDING MACHINE INCOME - 2021 AMOUNT: $ 351. 2022 AMOUNT: $ 360. MISC INCOME - 2021 AMOUNT: $ 50,682. 2022 AMOUNT: $ 30,432. 2023 AMOUNT: $ 132,676. 2024 AMOUNT: $ 287,008. 2025 AMOUNT: $ 393,309. TAX REFUNDS - 2021 AMOUNT: $ 36,640. WRITE-OFF OF ACCRUED EXPENSES - 2023 AMOUNT: $ 218,960. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 74000 74000 0 PART II-B, LINE 1: CANDID ENGAGED LIGHTHOUSE PUBLIC AFFAIRS, LLC TO LOBBY AND SECURE FAVORABLE AMENDMENTS TO CALIFORNIA ASSEMBLY BILL 488 IN REGARDS TO THE REGULATION OF CHARITABLE FUNDRAISING PLATFORMS AND PLATFORM CHARITIES. LIGHTHOUSE PUBLIC AFFAIRS, LLC WAS PAID $74,000 FOR THEIR SERVICES FOR THE YEAR ENDING DECEMBER 31, 2025. 18724667 2014164 683205 20055626 17489814 1234853 0 18724667 16121195 1368619 0 17489814 18466592 -2345397 0 16121195 18729532 3979318 0 22708850 0.91450 0.08550 0.00000 0 0 5372795 3548626 1824169 1188655 1188655 0 56024350 21815082 34209268 36033437 RIGHT OF USE ASSET - OPERATING LEASES 7297063 7297063 ACCUMULATED POSTRETIREMENT BENEFIT OBLIGATION 986822 RIGHT OF USE LIABILITIES - OPERATING LEASES 9423901 10410723 X 44396161 3571141 15000 100126 3686267 40709894 183828 206371 390199 41100093 41243771 15000 100126 115126 41128645 183828 183828 41312473 PART V, LINE 4: CANDID'S ENDOWMENT FUNDS AND BOARD-DESIGNATED AMOUNTS FOR LONG-TERM INVESTMENT CONSIST OF PERMANENTLY RESTRICTED NET ASSETS (ENDOWMENT FUNDS) AND A BOARD-DESIGNATED AMOUNT FOR LONG-TERM INVESTMENT. THE PERMANENTLY RESTRICTED NET ASSETS (ENDOWMENT FUNDS) ARE SUBJECT TO DONOR-IMPOSED STIPULATIONS THAT THE PRINCIPAL BE MAINTAINED PERMANENTLY BY CANDID. CANDID HAS THREE SEPARATE ENDOWMENTS AND IT IS PERMITTED TO USE THE INCOME EARNED ON THE RELATED INVESTMENTS FOR GENERAL PURPOSES, LIBRARY ACQUISITIONS AND PUBLIC EDUCATION. THE BOARD-DESIGNATED AMOUNT FOR LONG-TERM INVESTMENT IS A FUND SET ASIDE BY THE BOARD OF TRUSTEES FOR LONG-TERM INVESTMENT THAT ENSURE CANDID'S FINANCIAL STRENGTH AND AGILITY, AND PROVIDE A RESERVE FUND IN THE EVENT OF A FINANCIAL EMERGENCY. PART X, LINE 2: CANDID RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT CANDID HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. CANDID IS NO LONGER SUBJECT TO EXAMINATION BY THE APPLICABLE JURISDICTIONS FOR PERIODS PRIOR TO DECEMBER 31, 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B 100,126. PART XI, LINE 4B - OTHER ADJUSTMENTS: POSTRETIREMENT CHANGES OTHER THAN NET PERIODIC BENEFIT COST 206,371. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B 100,126. PART XI, LINE 2D - OTHER ADJUSTMENTS: AS OF DECEMBER 31, 2025, AN ACTUARIAL LOSS OF $206,371 WAS NOT YET RECOGNIZED AS A COMPONENT OF NET PERIODIC POSTRETIREMENT BENEFIT COST. THIS LOSS IS RECORDED ON THE DECEMBER 31, 2025 STATEMENT OF CHANGES IN NET ASSETS WITHOUT DONOR RESTRICTIONS. X X X 1 0 0 0 0 0 0 1 0 ANN MEI CHANG CEO 431802 0 6102 0 516 0 33250 0 17771 0 489441 0 0 0 JOHN GONZALEZ VP OF PRODUCT MGMT. THRU 08/2025 193791 0 0 0 179845 0 18169 0 32450 0 424255 0 0 0 CATHERINE WILLIAMS CHIEF DATA OFFICER 347027 0 0 0 180 0 33250 0 15371 0 395828 0 0 0 KEVIN L MULDER VP OF TECHNOLOGY 315633 0 0 0 120 0 31147 0 48856 0 395756 0 0 0 SAMANTHA BARBEE CHIEF OPER. & FINANCIAL OFFICER 303027 0 0 0 516 0 29070 0 15371 0 347984 0 0 0 TRACY L WAKSLER VP OF GROWTH 288681 0 0 0 792 0 26543 0 18471 0 334487 0 0 0 ALEDA GAGARIN VP OF INFLUENCE 234842 0 0 0 120 0 17239 0 45656 0 297857 0 0 0 ANGELA HICKMAN SR. DIR. OF PRODUCT MANAGEMENT 227102 0 0 0 516 0 22068 0 26494 0 276180 0 0 0 DEANCA DICKEY VP OF TALENT 238417 0 0 0 684 0 17083 0 16881 0 273065 0 0 0 PART I, LINE 3 REFER TO THE EXPLANATION FOR FORM 990, PART VI, SECTION B, LINE 15 ON SCHEDULE O. PART I, LINE 4A JOHN GONZALEZ RECEIVED A SEVERANCE PAYMENT OF $161,499 INCLUDED IN HIS 2025 W-2. PART I, LINE 7 CERTAIN OFFICERS AND OTHER EMPLOYEES LISTED ON SCHEDULE J, PART II RECEIVED TAXABLE DISCRETIONARY BONUSES INCLUDED IN THEIR 2025 W-2S. FORM 990, PART III, LINE 1: EVERY YEAR, MILLIONS OF NONPROFITS SPEND TRILLIONS OF DOLLARS AROUND THE WORLD. CANDID FINDS OUT WHERE THAT MONEY COMES FROM, WHERE IT GOES, AND WHY IT MATTERS. THIS GIVES US A UNIQUE PLATFORM WHERE WE CAN SURFACE DATA AND INSIGHTS TO INFORM DECISION-MAKING, STREAMLINE THE GRANTMAKING PROCESS, AND ENSURE MORE EQUITABLE ACCESS TO FUNDING. CANDID GETS YOU THE INFORMATION YOU NEED TO DO GOOD. FORM 990, PART III, LINE 4A: PRODUCT PROGRAM ACCOMPLISHMENTS IN 2025 INCLUDE THE FOLLOWING: CANDID OFFERS A VARIETY OF PRODUCTS AND SERVICES TO SUPPORT THE SOCIAL SECTOR. CANDID SEARCH COMBINES DECADES OF TRUSTED DATA FROM BOTH FOUNDATION DIRECTORY AND GUIDESTAR. THROUGH IT, WE SHARE INFORMATION YOU NEED TO MAKE STRATEGIC DECISIONS ABOUT WHO TO SUPPORT, WHO TO COLLABORATE WITH, AND HOW TO MAKE A DIFFERENCE IN YOUR COMMUNITY. CANDID'S APIS PROVIDE QUALITY DATA BY STANDARDIZING ACCESS TO THE MILLIONS OF DATA POINTS AGGREGATED ON NONPROFITS, FOUNDATIONS, GRANTS, AND NEWS. AND CANDID'S DATA SERVICES CUSTOMIZE HIGH-QUALITY NONPROFIT DATASETS THAT FIT USER NEEDS. IN 2025 WE LAUNCHED CANDID SEARCH, COMBINING HIGH-QUALITY DATA, STREAMLINED WORKFLOWS, AND EMERGING AI-ENABLED TOOLS TO SUPPORT THE DAY-TO-DAY WORK OF THE SECTOR. CANDID SEARCH INTEGRATES NONPROFIT AND FUNDER DATA INTO ONE PLATFORM, PROVIDING NEW TOOLS AND FEATURES THAT MAINTAIN CANDID'S LONG-STANDING COMMITMENT TO DATA ACCESSIBILITY AND PUBLIC BENEFIT. WE MAKE IT EASIER FOR FUNDRAISERS AND DEVELOPMENT PROFESSIONALS TO SIMPLIFY THEIR PROSPECT RESEARCH BY IDENTIFYING FOUNDATIONS, CORPORATE GIVING PROGRAMS, AND OTHER GRANTMAKERS BASED ON THEIR FUNDING PRIORITIES, GEOGRAPHIC FOCUS, ISSUE AREAS, AND MORE. OUR UPGRADED SEARCH ALSO HELPS FUNDERS AND DONORS FIND NONPROFITS THAT MEET THEIR CRITERIA AND CONDUCT THEIR DUE DILIGENCE ALL IN ONE PLACE. FORM 990, PART III, LINE 4C: MAJOR PUBLIC INTEREST & OTHER PROGRAMS ACCOMPLISHMENTS IN 2025 INCLUDE THE FOLLOWING: TODAY, 95% OF USERS ACCESS CANDID'S DATA FOR FREE. CANDID'S TOOLS AND RESOURCES HELP NONPROFITS FIND FUNDING, INCREASE THEIR VISIBILITY, AND BUILD SKILLS AND KNOWLEDGE. THERE ARE SEVERAL WAYS WE MAKE OUR RESOURCES ACCESSIBLE, PARTICULARLY TO SMALLER, UNDER-RESOURCED NONPROFITS. NEARLY ALL OF OUR TRAINING CONTENT ON CANDID LEARNING IS AVAILABLE FOR FREE. FOUNDATION DIRECTORY AND CANDID PROFILES ON GUIDESTAR (AND SOON CANDID SEARCH) ARE AVAILABLE FOR FREE USE AT OUR CANDID COMMUNITY PARTNER LOCATIONS ACROSS THE COUNTRY. TO ENSURE THAT FINANCIAL RESOURCES AND GEOGRAPHIC LOCATION ARE NEVER A BARRIER, OUR GO FOR GOLD INITIATIVE ALLOWS 501C3 ORGANIZATIONS WITH BUDGETS OF LESS THAN $1 MILLION TO ACCESS A FREE SUBSCRIPTION TO FOUNDATION DIRECTORY ESSENTIAL IF THEY FILL OUT THEIR CANDID PROFILE AND EARN A GOLD SEAL OF TRANSPARENCY. AND OUR ONLINE LIBRARIAN SERVICE MAKES IT EASY FOR PEOPLE TO ENGAGE WITH OUR TEAM OF EXPERTS TO GET ANSWERS TO THEIR QUESTIONS ABOUT FOUNDATIONS, PHILANTHROPY, FUNDRAISING, AND NONPROFITS. IN 2025, WE HAD 63,651 TRAINING REGISTRANTS TO OUR 244 FREE PROFESSIONAL DEVELOPMENT COURSES, 3,441 FREE SUBSCRIPTIONS REDEEMED THROUGH OUR GO FOR GOLD INITIATIVE, AND 2,017 LOCATIONS PROVIDING FREE, LOCAL ACCESS TO OUR TOOLS AND SERVICES. FORM 990, PART III, LINE 4B: MAJOR DATA COLLECTION & ANALYSIS ACCOMPLISHMENTS IN 2025 INCLUDE THE FOLLOWING: DATA IS THE CORNERSTONE OF CANDID'S VALUE TO THE SOCIAL SECTOR. WE COLLECT DATA FROM THE IRS AND OTHER GOVERNMENT AGENCIES AROUND THE WORLD, FROM FUNDERS AND NONPROFITS DIRECTLY, AND OTHER SOURCES. THIS DATA IS THEN CLEANED AND CODED ACCORDING TO OUR TAXONOMY SO THAT IT'S EASY TO FIND USEFUL INFORMATION. WE ARE EXPANDING OUR DATA COLLECTION EFFORTS BY BUILDING PARTNERSHIPS, IMPROVING OUR NEWS SCRAPING CAPABILITIES, AND INCREASING THE NUMBER OF ORGANIZATIONS THAT SHARE THEIR DATA WITH US. OUR DATA IS UPDATED DAILY AS PARTNERS SUBMIT IT AND/OR WE FIND NEW DATA SOURCES. WE'RE FOCUSED ON INCREASING THE FRESHNESS, QUALITY, AND COMPREHENSIVENESS OF OUR DATA. WE HELP THE FIELD MAKE MEANING OF CANDID DATA THROUGH OUR RESEARCH REPORTS AND BLOGS WHICH SHOWCASE HOW CANDID DATA CAN EXPLAIN WHAT IS HAPPENING IN THE SECTOR. IN 2025, WE PRODUCED TWO RESEARCH REPORTS, ONE KEY FACT SHEET, AND PUBLISHED 23 THOUGHT LEADERSHIP PIECES INFORMED BY OUR DATA AND RESEARCH. IN ADDITION TO THESE, WE'VE CREATED FOUR PUBLIC TABLEAU DASHBOARDS FOR USERS TO EXPLORE A HOLISTIC LANDSCAPE OF THE SECTOR AND DIVE DEEPER INTO INFORMATION TAILORED TO THEIR SPECIFIC NEEDS. THESE DATA VISUALIZATIONS IDENTIFY PATTERNS AND PROVIDE PRACTICAL INSIGHTS ON THE FOLLOWING TOPICS: FOUNDATION FUNDING BY STATE, FUNDING PATTERNS BY SUBJECT AREA, NONPROFIT STATS BY CONGRESSIONAL DISTRICT, AND NONPROFIT CASH RUNWAYTHE NUMBER OF MONTHS A NONPROFIT COULD CONTINUE OPERATING IF GOVERNMENT GRANTS STOPPED, BUT EXPENSES AND REVENUE REMAINED THE SAME. FORM 990, PART VI, SECTION B, LINE 11B CONTROLLER CONDUCTS THE INITIAL REVIEW TO ENSURE THE FORM 990 ALIGNS WITH THE GENERAL LEDGER, AUDITED FINANCIAL STATEMENTS, AND REQUIRED DISCLOSURES. THE CHIEF OPERATING AND FINANCIAL OFFICER THEN PERFORMS A SECONDARY TECHNICAL REVIEW FOCUSED ON KEY DISCLOSURES, GOVERNANCE SECTIONS, AND COMPLIANCE RELATED SCHEDULES. ONCE MANAGEMENT'S REVIEW IS COMPLETE, THE COMPLETED FORM 990 IS PROVIDED ELECTRONICALLY TO THE AUDIT COMMITTEE AND THE FULL BOARD OF DIRECTORS FOR REVIEW. IF THE FORM 990 IS AVAILABLE PRIOR TO THE MAY BOARD MEETING, IT IS DISCUSSED DURING THE MEETING, AND ANY QUESTIONS ARE ADDRESSED AT THAT TIME. IF IT IS NOT AVAILABLE BEFORE THE MEETING, MEMBERS REVIEW IT INDIVIDUALLY, AND ALL QUESTIONS OR COMMENTS ARE ADDRESSED ELECTRONICALLY VIA EMAIL BEFORE THE RETURN IS FINALIZED AND FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST DISCLOSURE STATEMENT IS OBTAINED ANNUALLY FROM ALL TRUSTEES, OFFICERS, MANAGER AND OTHER KEY EMPLOYEES WHO ARE CURRENTLY SERVING CANDID. A SUMMARY OF TRUSTEE CONFLICT OF INTEREST DISCLOSURE STATEMENTS IS REVIEWED BY THE AUDIT COMMITTEE CHAIR WHO DISCUSSES WITH COMMITTEE AS NEEDED. IT IS CANDID'S POLICY THAT IN THE EVENT OF A CONFLICT THE FOLLOWING IS DONE: IF THERE IS A CONFLICT RELEVANT TO A MATTER REQUIRING ACTION BY THE BOARD OF TRUSTEES, THE INTERESTED PERSON SHALL CALL IT TO THE ATTENTION OF THE BOARD OF TRUSTEES, AND THE TRUSTEE CONCERNED SHALL NOT VOTE ON THE MATTER. MOREOVER, THE PERSON HAVING A CONFLICT MAY ANSWER QUESTIONS THAT SHALL ARISE FROM THE BOARD OF TRUSTEES, BUT SHALL RETIRE FROM THE ROOM IN WHICH THE BOARD IS MEETING AND SHALL NOT PARTICIPATE IN ANY DELIBERATION OR DECISION REGARDING THE MATTER UNDER CONSIDERATION. WHEN THERE IS DOUBT AS TO WHETHER A CONFLICT OF INTEREST EXISTS, THE MATTER SHALL BE RESOLVED BY VOTE OF THE BOARD OF TRUSTEES OR ITS COMMITTEE, EXCLUDING FROM THE ROOM AND THE VOTE THE PERSON WHOSE SITUATION WILL BE DISCUSSED. WHEN A CONFLICT OF INTEREST ARISES FOR ANY STAFF MEMBER EXCEPT THE PRESIDENT, THAT STAFF MEMBER SHALL REPORT IT TO THE CEO IN WRITING. A CONFLICT OF INTEREST RELATING TO THE CEO SHALL BE REPORTED IN WRITING TO THE CHAIR OF THE BOARD. IN ADDITION, IF THE CONFLICTED PARTY HAS A SUBSTANTIAL FINANCIAL INTEREST IN THE MATTER, THE BOARD WOULD NEED TO CONSIDER ALTERNATIVES. FORM 990, PART VI, SECTION B, LINE 15 CANDID'S BOARD OF TRUSTEES, CONSISTING OF INDEPENDENT PERSONS, ESTABLISHES COMPENSATION FOR THE CEO. THE BOARD OBTAINS INFORMATION ON THE COMPENSATION OF FUNCTIONALLY COMPARABLE POSITIONS FOR SIMILARLY QUALIFIED PERSONS AT SIMILARLY SITUATED ORGANIZATIONS AND/OR BENCHMARK SALARIES FOR SELECT POSITIONS OBTAINED FROM SALARY SURVEYS. DOCUMENTATION OF THE DELIBERATIONS AND DECISIONS WERE MADE VIA EMAIL. FORM 990, PART VI, SECTION C, LINE 19 CANDID'S AUDITED FINANCIAL STATEMENTS AND ANNUAL REPORT FOR THE PAST FIVE YEARS ARE POSTED ON ITS WEBSITE AND ARE DOWNLOADABLE. IN ADDITION, GOVERNANCE AND STAFFING POLICIES ARE POSTED, INCLUDING THE CODE OF CONDUCT (WHICH INCLUDES THE CONFLICT OF INTEREST POLICY), DIVERSITY STATEMENT AND THE EXECUTIVE COMPENSATION POLICY. FORM 990, PART XI, LINE 9: POSTRETIREMENT CHANGES OTHER THAN NET PERIODIC BENEFIT COST -206,371. FORM 990, PART XII, LINE 2C: CANDID DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.