| GENERAL STATEMENT REGARDING THE IMPACT OF COVID-19 ON THE ORGANIZATION: |
THE COVID-19 PANDEMIC, WHOSE EFFECTS FIRST BECAME KNOWN IN JANUARY 2020, IS HAVING A BROAD AND VARIED IMPACT ON COMMERCE AND FINANCIAL MARKETS AROUND THE WORLD. RPA IS CLOSELY MONITORING ITS INVESTMENT PORTFOLIO AND ITS LIQUIDITY AND IS ACTIVELY WORKING WITH ITS PROJECTS, DONORS AND CONSTITUENTS TO MINIMIZE THE IMPACT ON OUR PROGRAMS AND MISSION IMPACT. THE EXTENT OF THE IMPACT OF COVID-19 ON RPA'S OPERATIONAL AND FINANCIAL PERFORMANCE WILL DEPEND ON CERTAIN DEVELOPMENTS, INCLUDING THE DURATION AND SPREAD OF THE OUTBREAK AND ITS IMPACT ON RPA'S PROJECTS, EMPLOYEES, AND SERVICE PROVIDERS, ALL OF WHICH AT PRESENT, CANNOT BE DETERMINED. ACCORDINGLY, THE EXTENT TO WHICH COVID-19 MAY IMPACT RPA'S CONSOLIDATED FINANCIAL POSITION AND CHANGES IN NET ASSETS AND CASH FLOWS IS UNCERTAIN AND THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS INCLUDE NO ADJUSTMENTS RELATING TO THE EFFECTS OF THIS PANDEMIC. |
| FORM 990, PART III, LINE 1: |
ORGANIZATION'S MISSION ROCKEFELLER PHILANTHROPY ADVISORS (RPA) AIMS TO ENCOURAGE THOUGHTFUL, EFFECTIVE PHILANTHROPY THROUGHOUT THE WORLD. TO THIS END, RPA DEVELOPS, AND MANAGES CHARITABLE PROGRAMS; CONDUCTS RESEARCH, AUTHORS PUBLICATIONS AND PROVIDES GUIDANCE ON CHARITABLE GIVING AND PHILANTHROPY; AND OFFERS PROGRAMMATIC, ADMINISTRATIVE AND GRANT-MAKING SUPPORT TO DONORS, ASSISTING INDIVIDUALS, INSTITUTIONS, GOVERNMENT AGENCIES AND GROUPS IN ACHIEVING THEIR PHILANTHROPIC GOALS. CURRENTLY, RPA WORKS WITH MORE THAN 500 DONORS, FACILITATING APPROXIMATELY $263 MILLION IN GRANTS AND SOCIAL INVESTMENT TO MORE THAN 60 COUNTRIES IN AFRICA, ASIA-PACIFIC, THE CARIBBEAN, EUROPE, LATIN AMERICA AND NORTH AMERICA. RPA'S BROAD RANGE OF WORK INCLUDES: 1. ADVISING DONORS REGARDING THE ARTICULATION AND IMPLEMENTATION OF CHARITABLE PROGRAMMING; 2. MANAGING A CHARITABLE GIVING FUND TO PROVIDE DONORS WITH A FLEXIBLE, COST-EFFECTIVE WAY TO REACH THEIR CHARITABLE GOALS; 3. PROVIDING FISCAL, ADMINISTRATIVE AND PROGRAMMATIC SUPPORT TO INDIVIDUALS AND GROUPS SEEKING TO PURSUE A VARIETY OF SPECIALIZED CHARITABLE PROGRAMMING CONSISTENT WITH THE GENERAL MISSION OF RPA; AND 4. SERVING AS A THOUGHT-LEADER IN THE PHILANTHROPIC COMMUNITY, AUTHORING PUBLICATIONS AND CONVENING EXPERTS TO DISCUSS CURRENT TOPICS IN PHILANTHROPY AND STRENGTHEN THE SECTOR. |
| FORM 990, PART VI, SECTION A, LINE 2 |
FAMILY/BUSINESS RELATIONSHIPS BOARD MEMBERS, PETER C. ROCKEFELLER, VALERIE ROCKEFELLER, AND RYAN ROCKEFELLER HAVE A FAMILY RELATIONSHIP. |
| FORM 990, PART VI, SECTION B, LINE 11B |
PROCESS USED TO REVIEW FORM 990 RPA HIRES AN INDEPENDENT ACCOUNTING FIRM TO PREPARE AND REVIEW THE ORGANIZATION'S FORM 990 BASED ON INFORMATION PROVIDED BY RPA'S ACCOUNTING STAFF. A COPY OF THE FORM 990 IS DISTRIBUTED TO THE ORGANIZATION'S AUDIT COMMITTEE FOR REVIEW PRIOR TO FILING WITH THE IRS. A COPY OF THE FORM 990 IS DISTRIBUTED TO THE FULL BOARD OF DIRECTORS ONCE THE AUDIT COMMITTEE HAS APPROVED IT FOR FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C |
MONITORING & ENFORCEMENT: CONFLICT OF INTEREST POLICY THE SECRETARY OF RPA ANNUALLY CIRCULATES A DISCLOSURE FORM FOR DIRECTORS AND STAFF TO LIST ORGANIZATIONS IN WHICH THEY OR THEIR SPOUSES OR CHILDREN PLAY A FIDUCIARY OR LEADING ROLE. IN ADDITION, DIRECTORS AND STAFF WILL LIST THOSE ORGANIZATIONS IN WHICH THEY, A SPOUSE OR A CHILD HOLD A SIGNIFICANT FINANCIAL INTEREST AND WHICH HAVE A BUSINESS RELATIONSHIP WITH RPA. ON THE SAME FORM, DIRECTORS AND STAFF ACKNOWLEDGE THAT THEY UNDERSTAND AND ADHERE TO RPA'S CONFLICT OF INTEREST POLICY AND PROCEDURE. DIRECTORS AND STAFF WILL INFORM THE SECRETARY OF RPA OF ANY CHANGES OR NEW RELATIONSHIPS. IF A POTENTIAL CONFLICT EXISTS, INVOLVED PARTIES WILL DISCLOSE THE POTENTIAL CONFLICT AND EXCUSE THEMSELVES FROM DISCUSSION OR ANY VOTE RELATED TO THE MATTER. |
| FORM 990, PART VI, SECTION B, LINE 15 |
PROCESS FOR DETERMINING COMPENSATION RPA IS COMMITTED TO RECRUITING, RETAINING, AND MOTIVATING HIGHLY QUALIFIED AND HIGH-PERFORMING STAFF, AND PROVIDING A MARKET COMPETITIVE COMPENSATION AND BENEFITS PACKAGE, LINKED TO THE SUCCESS OF THE INDIVIDUAL, THE ORGANIZATION AND ITS MISSION-DRIVEN OUTCOMES. RPA PRIMARILY COMPARES COMPENSATION TO LARGER FOUNDATIONS, SMALL TO MID-SIZE CONSULTING ORGANIZATIONS, AND SIMILARLY-SITUATED NON-PROFITS IN THE REGIONS IN WHICH OUR OFFICES ARE LOCATED. RPA IS COMMITTED TO BOTH EXTERNAL COMPETITIVENESS AND INTERNAL EQUITY FOR ITS COMPENSATION PROGRAM PRACTICES. EMPLOYEE POLICIES: RPA'S PERFORMANCE AND COMPENSATION PLANS, INCLUDING BUDGETS, ARE APPROVED ANNUALLY BY THE BOARD OF DIRECTORS. THE FOLLOWING IS A SUMMARY OF THE GENERAL PRINCIPLES ON WHICH RPA'S PERFORMANCE ASSESSMENT AND COMPENSATION PROCESSES ARE BASED. PERFORMANCE REVIEW AND COMPENSATION DECISIONS AT RPA ARE MADE ON THE BASIS OF A BOARD-APPROVED PERFORMANCE APPRAISAL FORM, WHICH ESTABLISHES PERFORMANCE STANDARDS AND IMPORTANT VALUES THAT ARE EXPECTED OF ALL EMPLOYEES. AT THE BEGINNING OF EACH CALENDAR YEAR, EACH RPA EMPLOYEE DEVELOPS A PERFORMANCE PLAN THAT HIS/HER SUPERVISOR AND THE PRESIDENT OF RPA MUST APPROVE. ELIGIBLE EMPLOYEES ALSO ESTABLISH SPECIFIC GOALS FOR INCENTIVE COMPENSATION PAYMENTS. AT THE END OF THE CALENDAR YEAR, AN EMPLOYEE AND HIS/HER SUPERVISOR REVIEW HOW THE EMPLOYEE HAS PERFORMED AGAINST THIS PLAN AND THE PERFORMANCE STANDARDS. SUPERVISORS COMPLETE THE PERFORMANCE APPRAISAL FORM IN WRITING, AND RECOMMEND SALARY INCREASES (AS WELL AS INCENTIVE PAYMENTS FOR ELIGIBLE EMPLOYEES) BASED ON PERFORMANCE. BOTH SUPERVISOR AND EMPLOYEE MUST SIGN THE PERFORMANCE APPRAISAL FORM. SALARY ADJUSTMENTS AND INCENTIVE COMPENSATION PAYMENTS MUST BE APPROVED BY THE PRESIDENT OF RPA. |
| FORM 990, PART VI, SECTION C, LINE 19 |
AVAILABILITY OF DOCUMENTS TO THE PUBLIC THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC BY RETAINING A COPY AT ITS PLACE OF BUSINESS. THE FORM 990 IS LIKEWISE PUBLISHED ON THE INTERNET AT WWW.GUIDESTAR.ORG. THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT ORDINARILY MADE AVAILABLE TO THE PUBLIC, BUT, IF REQUESTED, WILL BE PROVIDED AT MANAGEMENT'S DISCRETION. FORM 990, PART IX, LINE 24A PROGRAM RELATED FEES PROGRAM RELATED FEES ARE CONSULTING EXPENSES INCURRED BY THE SPONSORED PROJECTS. CONSULTING SERVICES INCLUDE BUT ARE NOT LIMITED TO PROGRAM DESIGN AND IMPLEMENTATION, RESEARCH, COMMUNICATION, EVALUATION AND ORGANIZATIONAL DEVELOPMENT. |
| FORM 990, PART XI, LINE 9: |
RECOVERIES OF PRIOR YEAR GRANTS 3,364,239. GENERAL GRANTS ACCRUAL 1,200,000. FLUCTUATION IN FOREIGN CURRENCY VALUATION OF FOREIGN GRANTS -105,191. PENSION RELATED COST -18,140. |
Attach to Form 990 or 990-EZ.