SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2018
Open to Public
Inspection
Name of the organization
THE APPRAISAL FOUNDATION
 
Employer identification number

23-2493621
Return Reference Explanation
FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE GOVERNING BODY SPONSORS EACH ELECT ONE MEMBER. THE REMAINING MEMBERS ARE ELECTED AT-LARGE.
FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990 THE FORM 990 IS DISTRIBUTED TO THE BOARD MEMBERS FOR REVIEW BEFORE FILING WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST POLICY THE APPRAISAL FOUNDATION REQUIRES THAT EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATES POWERS SIGN ANNUALLY A STATEMENT AFFIRMING HIS UNDERSTANDING OF AND AGREEMENT WITH THE CONFLICT OF INTEREST POLICY. PERIODIC REVIEWS ARE CONDUCTED WITH THE AID (IF NECESSARY) OF OUTSIDE ADVISORS.
FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE COMPENSATION THE EXECUTIVE COMPENSATION COMMITTEE IS COMPOSED OF THE CURRENT CHAIR, VICE CHAIR AND IMMEDIATE PAST CHAIR OF THE BOARD OF TRUSTEES; THE CURRENT TREASURER; AND A MEMBER OF THE BOARD OF TRUSTEES INDEPENDENT FROM THE EXECUTIVE COMMITTEE. IT MEETS ANNUALLY TO DISCUSS THE PRESIDENT'S COMPENSATION AND EMPLOYMENT BENEFIT PACKAGE. COMPENSATION DECISIONS ARE MADE WITH THE USE OF COMPENSATION REVIEWS FROM OUTSIDE CONSULTANTS AND CURRENT COMPENSATION SURVEYS CONDUCTED BY ASAE AND OTHER ASSOCIATIONS IN THE WASHINGTON, DC AREA.
FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF ORGANIZATION DOCUMENTS ORGANIZATIONAL DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABEL UPON REASONABLE REQUEST.
FORM 990, PART XI, LINE 9: BAD DEBT ADJUSTMENT -290.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2018


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