Academy of Television Arts and Sciences Foundation

“Board members elect the governing body. All board members are approved by the academy of television arts & sciences.”

“The 990 is prepared by an outside accounting firm using information provided by the organization's finance department. The 990 is then reviewed by the cfo and the controller before filing. The 990 is made available to the board to review before and after filing via a website.”

“The following procedures are used by the academy of television arts & sciences foundation to monitor the conflict of interest policy: 1. Duty to disclose in connection with any actual or possible conflict of interest: an interested person must disclose the existence of the financial interest to the chief operating officer, executive director or chief financial officer and executive vice president of business operations and be given the opportunity to disclose all material facts to the executive committee which has the board of directors delegated power to consider whether a conflict of interest exists with respect to the proposed transaction or arrangement. 2. Determining whether a conflict of interest exists: after disclosure of the financial interest and all material facts to the executive committee, and after any discussion with the interested person, he/she shall leave the executive committee meeting while the determination of a conflict of interest is discussed and voted upon. The members of the executive committee shall decide if a conflict of interest exists. 3. Procedures for addressing the conflict of interest: a. An interested person may make a presentation at the executive committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, whether a conflict of interest exists. B. The chairperson of the executive committee shall, if appropriate, appoint a disinterested person to investigate alternatives to the proposed transaction or arrangement. C. After exercising due diligence, the executive committee shall determine whether the foundation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. D. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the executive committee shall determine by a majority vote of the disinterested committee members whether the transaction or arrangement is in the foundation's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement. 4. Violations of the conflict of interest policy: a. If the board of directors, executive committee, chief operating officer, executive director or chief financial officer & evp business operations has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, they shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. B. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the executive committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action. The policy covers all board members and officers and is monitored and enforced annually. Officers and governors with a conflict of interest are excluded from the deliberations and from the vote on the transaction with which they have a conflict.”

“The compensation for the executive director position (a contracted salary) is approved annually by the executive committee of the foundation. The executive committee is composed of elected officers. All members are independent and receive no compensation from the foundation. Salary comparability data is reviewed internally by human resources, and the findings are conveyed to the committee for their review. Since 1989, all other non-contractual salaries are approved annually by the executive director, chairman, coo, & cfo. Human resources collects salary data from like organizations for annual comparisons when all salaried positions are reviewed. Position salary ranges are determined from high to low depending on data received. This process is done annually and was last completed in 2024. The approval of the compensation is documented in the foundation's board minutes. The salaries of the president/coo (top management official), senior director of strategic partnerships and cfo are paid by the academy of television arts and sciences, not the foundation.”

“The governing documents, conflict of interest policy, and financial statements are all available to the general public upon request.”

“The academy of television arts and sciences foundation does not have its own employees and each form w-2 wage and tax statement is issued by a related organization, academy of arts and television sciences. All costs associated with the employees are reported in form 990, part ix.”

“(Expenses $ 318,043 including grants of $ 35,000)(Revenue $ 0) THE INTERNSHIP PROGRAM ANNUALLY PROVIDES MORE THAN 50 INDUSTRY WIDE INTERNSHIPS TO COLLEGE AND GRADUATE STUDENTS FROM ACROSS THE COUNTRY, AND IS A KEY PART OF FULFILLING THE FOUNDATION'S MISSION OF EDUCATING AND PREPARING THE NEXT GENERATION OF TELEVISION LEADERS. THE HIGHLY SELECTIVE PROGRAM GIVES STUDENTS IN-DEPTH EXPOSURE TO PROFESSIONAL TELEVISION DEVELOPMENT DURING AN EIGHT-WEEK PAID SUMMER INTERNSHIP. THE PROGRAM ALSO PROVIDES 13-WEEK PAID PART-TIME INTERNSHIPS DURING THE FALL AND SPRING SEMESTERS. TO SOLICIT INTEREST IN THE APPLICATION PROCESS, THERE IS WIDE OUTREACH THAT EXTENDS BEYOND THE NATION'S TOP FILM/TV UNIVERSITY PROGRAMS ACROSS THE COUNTRY, AND ALSO INCLUDES HISTORICALLY BLACK COLLEGES AND UNIVERSITIES, HISPANIC SERVING INSTITUTIONS, TRIBAL COLLEGES, AND ASIAN PACIFIC ISLANDER SERVING INSTITUTIONS. IN ADDITION, THE FOUNDATION ENGAGED MORE THAN 500 VOLUNTEERS FROM THE TELEVISION ACADEMY IN THE REVIEW OF MORE THAN 2,000 APPLICATIONS AND OTHER PROGRAMMATIC ASPECTS. WHILE PARTICIPATING IN THE INTERNSHIP PROGRAM, STUDENTS ALSO ATTENDED PROFESSIONAL DEVELOPMENT WORKSHOPS AND NETWORKING EVENTS TO HELP PREPARE THEM FOR THE NEXT PHASE OF THEIR CAREERS.”