American Bar Foundation

“The foundation's endowments consist of individual funds established for a variety of purposes. These funds include the following: the liz and peter moser research fund in legal ethics, professional responsibility, and access to legal services. Established through a generous gift from liz and peter moser, and in recognition of their lifetime of dedication to legal ethics and professionalism, this fund supports the american bar foundation's fundamental empirical research in the fields of legal ethics, professional responsibility and access to legal services. Wm. Reece smith, jr. Research fund. Support for the wm. Reece smith, jr. Research fund recognizes the enormous contributions reece smith has made to the practice of law and legal scholarship, particularly in the fields of professional ethics, pro bono legal services, and international efforts to secure human rights and the rule of law. The fund will advance the foundation's notable research in these vital areas. Kenneth f. And harle g. Montgomery summer fellowship program for minority undergraduate students this fund was established in 1999 with a gift from the kenneth f. And harle g. Montgomery foundation. The fund supports the abf's summer internship for minority undergraduate students. Solon e. Summerfield foundation fund this fund was established with yearly gifts from the solon e. Summerfield foundation to establish a capital fund for the support of the abf's summer internship for minority undergraduate students. Summer research diversity fellowship program fund supports the abf's summer research diversity fellowship for undergraduate students. Samuel pool weaver fund this fund was established with a gift from samuel weaver in 1974. It originally funded an essay program. In 1986, the abf terminated the essay contest and designated the funds to "..recognize, encourage and support superior scholarship in the field of constitutional law.." maccrate research chair in the legal profession this fund was established through a gift from robert and connie maccrate. The fund is used solely to support the salary and research expenses of the abf research fellow designated by the director of the abf with consent of the board of directors to hold the maccrate research chair in the legal profession. Contributors' memorial fund i this fund is the primary fund for all unrestricted, undesignated contributions to the foundation. Contributors' memorial fund ii this fund is comprised of proceeds from the sale of donated assets in the form of real estate donated to the foundation in 1985. Sustain the vision. This fund is comprised of contributions from a 1999 capital campaign to further the mission of the organization. Maynard toll this fund was created in 1981 with contributions from a law firm in recognition of the firm's colleague, maynard toll. William h. Neukom fellows research chair in diversity and law this fund was established in 2011 and supports research in diversity and law. The fund is to be used solely for the research expenses and salary of the scholar designated by the director of the abf with consent of the board of directors. Robert o. Hetlage scholarship fund this fund was created in 2007 in honor of robert hetlage and contributions to this fund support the foundation's doctoral fellowship program.”

“Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the foundation and recognize a tax liability if the foundation has taken an uncertain position that more likely than not would not be sustained upon examination by the irs or other applicable taxing authorities. Management has analyzed the tax positions taken by the foundation, and has concluded that as of august 31, 2014 and 2013, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The foundation is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes it is no longer subject to income tax examinations for years prior to 2011.”

“Endowment spending allowance 818,297.”

“Endowment spending allowance 818,297. Change in postretirement benefits not recognized in operations 26,391.”