Nuclear Threat Initiative Inc.

“NTI's Corporate Secretary is the son-in-law of one of NTI's Co-Chairs.”

“- NTI's Form 990 is prepared by its Finance Department. It is reviewed by NTI's Chief Financial Officer, President, NTI's external auditors, BDO, and by NTI's external legal counsel, Davis Pickren Seydel and Sneed. The Form 990 is submitted to NTI's Audit Committee, which reviews the form on behalf of the entire Board. The entire Board is briefed on the contents of the form and the date of the filing.”

“- NTI's bylaws require that a copy of NTI's Conflict of Interest Policy, as adopted by the Board, be furnished to each Board member, officer, and staff member. NTI prohibits officers and staff from participating or engaging in any activity for which a conflict of interest exists. Officers and staff also give consideration to perceived conflicts of interest. Board members are recused from decisions of the Board in which a conflict of interest might arise. Board members, officers, and staff are required to disclose to NTI any related party and any reportable affiliates that may apply for, or otherwise be considered by NTI, for a grant or other financial transaction.”

“NTI's Board of Directors has a compensation committee that annually reviews the compensation of, and makes recommendations for, the compensation of the CEO, President, and all NTI Officers. The recommendations are presented to the full Board of Directors for a vote. The compensation committee is comprised of three independent Board members, and per NTI's bylaws, may not include current Board members to whom NTI pays a salary, or Board members to whom NTI formerly paid a salary. NTI periodically engages a consultant to perform a compensation study and to benchmark NTI's compensation levels. The results of the compensation study are used to inform compensation.”

“NTI's website includes links to downloadable copies of its annual reports, which include financial data. Other information is available upon request.”

“NTI started a new program called International Fuel Cycle Strategies. This program works to identify, incentivize and implement international nuclear fuel cycle approaches that reinforce key nonproliferation and nuclear security principles and are backstopped with appropriately designed and resourced international safeguards and monitoring measures. The Fuel Cycle program also seeks to strengthen international verification approaches through support of existing verification structures, while also developing new and enhanced international safeguards and monitoring concepts.”

“Expenses included in this line relate to employment recruiting fees ($47,344), honoraria ($14,750), temporary help ($69,590), photography (35,812), employee processing costs for Payroll, 401K, and flexible spending ($14,251)and professional services other than legal fees, accounting fees, and fundraising fees ($3,108,563).”

“Prior year refunded grant”