Anti-Defamation League Foundation

“Barbara balser, trustee, and ronald balser, trustee, have a family relationship.”

“The adl foundation has a single member, adl.”

“The adl foundation has a three-person member committee consisting of the president of the adl foundation; the adl board chair; and the immediate past national chair of adl. The member committee approves significant changes to the organizational documents and elects the board of trustees.”

“Copies of the draft form 990 are provided to the members of adl foundation's audit committee, for review and approval. After audit committee approval, a copy of the draft form 990 is sent to adl's board of directors for their review before it is filed with the irs.”

“The adl foundation has a written conflict of interest policy approved by the board of trustees that requires its officers, directors and employees, annually, to disclose their potential conflicts of interest, those of their family members and of other interested parties. This disclosure form is distributed to all adl foundation staff annually by the organization's talent and knowledge (t&k) department. T&k ensures that all forms are completed and reviews the forms for conflicts. The disclosure form is distributed to members of the board of trustees annually by the office of the executive director. The office of the executive director collects and reviews them for officer and director conflicts. A summary and the findings are then reviewed by the executive director, who then provides all disclosures to the audit committee of the adl foundation and adl for further review. The audit committee reviews and determines by majority vote whether a conflict exists. If a conflict is involves a member of the board of trustees who is also a member of audit committee, the person recuses him/herself from the vote.”

“The adl foundation's process for determining the compensation of the executive director includes consultation with an independent third party that performs a compensation market study and provides salary structure grading. This is reviewed and a decision is made by the executive compensation committee of the adl foundation and adl, as documented in the respective committee meeting minutes. The adl foundation's process for determining the compensation of officers and key employees includes consultation with an independent third party that performs a compensation market study and provides salary structure grading. This is reviewed by adl's ceo who presents a recommendation to the executive compensation committee of the adl foundation and adl. The executive compensation committee makes a decision on the recommendation, as documented in the respective committee meeting minutes.”

“The audited consolidated financial statements of adl and the adl foundation are made available to the public through a direct link on the adl/adl foundation website, (www.adl.org). Furthermore, a full set of the consolidated audited financial statements of adl and the adl foundation is available upon request as indicated on the adl/adl foundation website. Adl foundation's certificate of incorporation is available with the secretary of state of new york.”

“To promote the mission of the anti-defamation league through the maintenance and prudent investment of endowments, trusts, philanthropic funds, real estate and other assets.”

“The organization filed a short-year return for the period january 1, 2023, to june 30, 2023, due to a change in its fiscal year. As a result, the prior year amounts reported in part i (revenue, expenses, and net assets) and in part x, column a (beginning of year balances), reflect the financial activity and balances from the six-month short-year return rather than a full 12-month period.”

“The adl foundation does not issue w-2s. All employees are paid and issued w-2s from a related organization, anti-defamation league ("adl"). Employees listed in part vii, section a, have their salaries allocated based on percentages of time dedicated toward each organization.”

“The prior year balances reported in part x, column a, reflect a minor adjustment from the amounts originally reported in the organization's short-year return for the period january 1, 2023, to june 30, 2023. This revision was made based on subsequent information received after the short-year return was filed, which did not necessitate an amended filing. Specifically, the adjustment corrects the amount reported on part x, line 25 due to adl (anti-defamation league), a related entity of the foundation. As a result of this adjustment, liabilities decreased, and net assets increased by $21,561 to accurately reflect the organization's financial position.”

“Change in value of charitable trust and annuity agreements 375,169. Provision for uncollectible contributions receivable -513,677.”