The Aspen Institute Inc

“Board members lester crown & paula crown, laura heller lauder & leonard lauder, and lynda r. Resnick & william resnick have family relationships.”

“The federal form 990 of the institute is prepared by an external accounting firm using information obtained from institute's staff. Once the initial draft is prepared, it is reviewed by sr. Finance/accounting staff. If necessary, changes are made and another draft is issued. The second draft form 990 is reviewed by an appointed member of the audit committee along with the evp finance & enterprise business development. If necessary, changes are made and another draft is issued. The final draft form 990 is provided to all members of the audit committee, which includes the chair of the board of trustees. Once approved, copies are then distributed to all board members before the return is filed with the internal revenue service.”

“All aspen institute trustees and employees are required annually to complete and sign a disclosure and acknowledgement form related to the institute's conflict of interest policy. Specifically, all trustees and employees are required to acknowledge that they have read, understood, and are committed to abiding by the institute's conflict of interest policy, and to make certain disclosures about their activities outside of work and finances to help identify possible conflicts of interest. All employee forms are submitted to the human resources department, which reviews them and has discretion, in coordination with the general counsel and senior management, to make recommendations or raise concerns with affected individuals as appropriate. All trustee forms are submitted to the office of the corporate secretary, which reviews them along with the general counsel. Major conflict of interest issues involving trustees and/or senior management are referred to the audit committee of the board of trustees for resolution. The corporate secretary, general counsel and senior management regularly confer with the chair of the audit committee regarding the institute's conflict of interest policy and any conflict of interest issues.”

“The institute contracts with an external compensation firm to perform a market analysis to set the salary ranges for all of our positions annually. The compensation firm analyzes salaries from like organizations to determine the appropriate salary range for each position in the institute. The institute's compensation philosophy is that we generally target the 50th percentile of the market for our positions. In addition to the annual market analysis for all positions, we contract with an external compensation consultant bi-annually to conduct an in-depth analysis for our president/ceo and each of our executive officers. Each executive's total compensation is benchmarked against similar positions in comparable organizations in labor markets in which the institute competes for executive talent. The recommendations of the consultant are presented to the executive committee of the board for their review and endorsement. The president/ceo's salary is then presented to the full board for final approval.”

“The documents are all published on our website and made available by request.”

“Center for rising generations is a new program effort in 2024.”

“Consultants: program service expenses 16,729,156. Management and general expenses 4,603,969. Fundraising expenses 111,268. Total expenses 21,444,393. Contractual international staff: program service expenses 590,894. Management and general expenses 0. Fundraising expenses 0. Total expenses 590,894. Photography: program service expenses 292,221. Management and general expenses 3,035. Fundraising expenses 0. Total expenses 295,256. Service contract: program service expenses 333,969. Management and general expenses 3,666,696. Fundraising expenses 0. Total expenses 4,000,665. Equipment/vehicle rental: program service expenses 24,003. Management and general expenses 396,472. Fundraising expenses 8,456. Total expenses 428,931. Transportation & security services: program service expenses 800,179. Management and general expenses 5,206. Fundraising expenses 320. Total expenses 805,705. Moderator expenses: program service expenses 886,920. Management and general expenses 0. Fundraising expenses 0. Total expenses 886,920. Other contracted services: program service expenses 5,521,927. Management and general expenses 1,952,466. Fundraising expenses 64,337. Total expenses 7,538,730.”

“REFUNDED GRANTS 62,217.”