Motion Picture and Television Fund

“Mptf provides services to the entertainment community and there are mptf entity directors who have varying roles with other entertainment related entities. There may be other direct transactions resulting in additional business relationships. Some of these entertainment related entities include industry-based pension and health plans, industry related unions and for profit entertainment industry companies.”

“The form 990 was prepared by baker tilly advisory group, lp, based on information provided by the organization's staff. The draft form 990 and all supporting schedules were reviewed in detail by mptf management and the chair of the audit committee. The completed form 990 was approved by the audit committee and was provided to the full board of directors for review and comment prior to filing.”

“An annual conflict of interest questionnaire is sent to all board members and employees at the level of manager and above. The vice president of legal affairs collects and reviews the questionnaires and then provides a summary of the answers to the ceo. In consultation with the chair of the board, the ceo pursues any necessary follow-up. The board's bylaws also require notification to the chair of any potential conflicts at the time the conflict arises. Once notice of a potential conflict is received, the chair of the board appoints a disinterested person or committee to perform due diligence on the potential conflict. Once the due diligence is performed a discussion of the facts is presented to the remainder of the board members (with the member potentially conflicted not present) who vote on whether the transaction is in the best interest of the corporation. If a conflict is discovered which was not reported, the board may take appropriate disciplinary or corrective action.”

“The compensation committee of the board of directors ("compensation committee") is responsible for establishing the executive compensation policy and programs for senior executives of mptf, and the mptf compensation committee of management (the "management committee") is responsible for administering the compensation policy and programs for all other mptf executives and employees. The compensation committee annually reviews the performance and compensation of the ceo and other senior executives and approves any changes to base salary, incentive plan goals, objectives and awards, and employment agreements. The management committee performs the same tasks for all other mptf executives and employees. An independent outside consultant is retained to provide market comparability data and advise on external market practices, including relevant information from the form 990s of other organizations. The general policy and/or practice of the compensation committee and the management committee is to compensate mptf's executives at approximately the median of the market for comparable roles and responsiblities, with such exceptions as the compensation committee or, as applicable, the management committee, deems to be reasonable in consultation with the outside consultant.”

“The organization makes its audited consolidated financial statements available to the public on its website. The organization's governing documents and conflict of interest policy are not currently available to the public.”

“Other professional fees: program service expenses 2,143,082. Management and general expenses 370,403. Fundraising expenses 197,880. Total expenses 2,711,365. Registry nurses: program service expenses 1,778,124. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,778,124. Other purchases services: program service expenses 3,787,523. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,787,523.”

“Minimum pension liability 6,381,562. Change in split interest agreements -2,637. Net loss from uncollectible pledges -6,000. Net ubi from k-1s -520.”