The Conference Board Inc

“A single class of members serves for renewable (and staggered) three year terms and have the right to elect trustees, and approve significant board decisions, such as a dissolution of the company.”

“A single class of members serves for renewable (and staggered) three year terms and have the right to elect trustees, and approve significant board decisions, such as a dissolution of the company.”

“A single class of members serves for renewable (and staggered) three year terms and have the right to elect trustees, and approve significant board decisions, such as a dissolution of the company.”

“The conference board's form 990 is prepared internally by the accounting department under the direct supervision of the controller. The draft form 990 is sent to the conference board's independent accounting firm, kpmg llp, for review, and then reviewed by the conference board's cfo and legal counsel. Subsequently, the return is reviewed by the audit committee. The final form 990, as filed with the irs, is provided to all members of the board through an email with a password and url link to a secure website prior to filing with the irs.”

“The conference board's (tcb) conflict of interest policy is designed to ensure the highest level of ethical conduct of persons employed by or involved in the governance of tcb in all that pertains to tcb, and to avoid public perceptions and financial consequences detrimental to tcb that could arise from the misuse, or perception of misuse, of an individual's position or influence. The board of trustees has the responsibility for ensuring compliance with this policy, administering the annual statement, and making decisions as required to avoid actual conflicts of interest. The board of trustees will also review and revise this policy as necessary. Any board members with a conflict in a matter requiring action by the board are prohibited from participating in the board's deliberations or decisions regarding the matter under consideration.”

“In setting the total 2017 compensation of the CEO and its officers and key employees (see list of officers/positions below), The Conference Board used the following procedures in order to establish a rebuttable presumption that the compensation was reasonable: The organization commissioned an independent compensation consultant, Aon Hewitt, to conduct a compensation study benchmarking TCB's compensation against that paid by comparable peer organizations. The study assessed the current and proposed compensation paid to TCB's CEO and other disqualified persons against the compensation paid by 19 peer organizations. The results of this study were presented to the disinterested members of the Organization's Board of Trustees, which assessed the comparability data against performance reviews before approving the compensation package of the CEO and each disqualified person. Any trustees with a conflict of interest with respect to the disqualified persons whose compensation was being considered, including those who are also paid employees of TCB (including the CEO), recused themselves from the compensation approval process, beyond providing information to and answering questions from the Board. All compensation decision making was documented contemporaneously in minutes of the meetings of the Board." The offices/positions for which the compensation approval process was used included: CED CEO; EVP, Chief Financial Officer and Treasurer; SVP, General Counsel and Corporate Secretary; EVP and Chief Economist; SVP, US Development; EVP, Products and Services; EVP, Human Capital; Chief Marketing Officer; VP, Human Resources; SVP, Conferences; SVP and Managing Director China center and China Center Ops”

“see 15a”

“The conference board makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“(Expenses $ 1,163,072 including grants of $ 0)(Revenue $ 0) OTHER PROGRAM SERVICES - THE COMMUNICATION DEPARTMENT COMMUNICATES THE VALUE AND PUBLIC BENEFITS OF THE CONFERENCE BOARD TO MAJOR MEDIA, INCLUDING NEWSPAPERS, MAGAZINES, RADIO/TV, AND INTERNET USERS. THROUGH PRESS RELEASES, NEWS ALERTS, PERSONAL CONTACTS AND NEWS BRIEFINGS, THE DEPARTMENT PUBLICIZES THE CONFERENCE BOARD'S MANAGEMENT AND ECONOMIC RESEARCH AND PROGRAMS. DURING THE TWELVE MONTHS ENDING DECEMBER 31, 2017, THE CONFERENCE BOARD RECEIVED 1449 INFORMATION REQUESTS, AND 1405 INFORMATION SEARCH REQUESTS”

“CONTRACTOR - FEES - Total Expense: 4892636, Program Service Expense: 3816256, Management and General Expenses: 1076380, Fundraising Expenses: 0; OTHER PURCHASED SERVICES - Total Expense: 2076678, Program Service Expense: 1619809, Management and General Expenses: 456869, Fundraising Expenses: 0; CED PROG EXP - Total Expense: 413118, Program Service Expense: 322232, Management and General Expenses: 90886, Fundraising Expenses: 0; MANAGEMENT CONSULTING SERVICES - Total Expense: 87088, Program Service Expense: 67929, Management and General Expenses: 19159, Fundraising Expenses: 0; CUSTOMIZED PROMOTIONS - Total Expense: 360831, Program Service Expense: 281448, Management and General Expenses: 79383, Fundraising Expenses: 0; PURCHASED RESEARCH - Total Expense: 201873, Program Service Expense: 157461, Management and General Expenses: 44412, Fundraising Expenses: 0; Other fees for services - Total Expense: 1301864, Program Service Expense: 1015454, Management and General Expenses: 286410, Fundraising Expenses: 0; RECRUITMENT EXPENSES - Total Expense: 184138, Program Service Expense: 143628, Management and General Expenses: 40510, Fundraising Expenses: 0;”

“Pension related changes - -1047364; Effect of Foreign Currency Translation - -229271; Foreign Sub Adjustment - 4264;”