Entertainment Industry Foundation

“Form 990 review process the eif audit/tax firm and the eif finance team work together to gather the required information necessary to complete the form 990. The tax firm prepares an initial draft form 990 and reviews this initial draft with the finance team; all line items are reviewed and any items in question are discussed. The form 990 is reviewed by the audit committee of the board of directors. The form 990 is then distributed to the full board of directors for review prior to filing with the internal revenue service.”

“Monitoring and enforcement of conflict of interest policy an annual questionnaire is distributed to each board member, officer, key employee, and any other person who regularly attends the organization board and committee meetings. Individuals must complete and file a conflict of interest disclosure statement before serving on the organization board or any committee. Outside council monitors the compliance of the conflict of interest policy. Board members who serve on other boards must recuse themselves if a board vote comes up to approve a grant on behalf of another board or affiliation where they serve. Additionally, the su2c council of founders and advisors who serve in compensated capacities must all have an independent review of the reasonableness of their compensation and those reviews are approved by the chair of the audit committee.”

“Process for determining compensation of officers & key employees the chair of the eif audit committee hires a professional firm that performs an independent compensation assessment on behalf of all eif key employees and officers. The results of that review were presented to the board. As a result, the organization also received an opinion letter as to the reasonableness of such compensation, as set forth by section 4958 and underlying regulations.”

“Documents made available to the public the foundation's governing documents and policies are available to the public upon request. Audited financial statements and the public disclosure copy of the form 990 are posted on the foundation's official website (www.eifoundation.org) or available upon request.”

“Compensation of the five highest paid independent contractors the following reflect the full description of services provided by the respective independent service providers reported on form 990, part vii,section b: robertson schwartz agency:marketing, fundraising, strategy development and execution, donor cultivation and acquisition, merchandise development and oversight, licensing development and oversight, commercial co ventures development and oversight, cause marketing campaign development and oversight, creative oversight. Also, brand development, donor management, psa management, collateral development, community outreach development and oversight.”

“The organization has amended part vii to include noriko kelley as a board member and updated part vi, line 1 to reflect the revised number of members on the governing body.”

“Founded in 1942, the entertainment industry foundation ("eif") is a multifaceted organization that occupies a unique place in the world of philanthropy. By mobilizing and leveraging the powerful voice and creative talents of the entire entertainment community, as well as cultivating the support of organizations (public and private) and philanthropists committed to social responsibility, eif builds awareness and raises funds, developing and enhancing programs on the local, national and global level that facilitate positive social change. The foundation supports and encourages the philanthropic efforts of all members of the entertainment community.”

“Professional consulting services: program service expenses 6,634,569. Management and general expenses 403,895. Fundraising expenses 2,190,527. Total expenses 9,228,991. Bank & merchant fees: management and general expenses 5,775. Fundraising expenses 520,367. Total expenses 526,142.”

“Other change in net assets -709,958.”

“$709,958 of net assets were transferred out of the organization to another 501(c)3 as a result of the termination of one of our charitable service funds.”

“The foundation donates certain expenses and services to its supporting organization, stand up to cancer. Stand up to cancer was previously a division within the foundation and certain authority and responsibility was given to its co-founders. These co-founders do not constitute members of the governing body of either the foundation or stand up to cancer as provided in the form 990 instruction nor are they foundation officers or key employees. In the interest of transparency, the foundation is disclosing business transactions with the co-founders and their companies even though the co-founders do not meet the "interested persons" definition for schedule l. The below listed co-founders received compensation from the foundation for their services related to stand up to cancer as either consultants or from compensation to their wholly-owned companies. Listed are the applicable co-founders and the compensation paid to them in 2024: compensation reported on form 1099 - calendar year 2024 sue schwartz and rusty robertson each are 50% owners of the robertson schwartz agency $1,708,049 lisa paulsen owner of mindful media partners, llc su2c talent consultant $97,500”