TY 2019 Form 990 Schedule O

efile Public Visual Render ObjectId: 202023219349321337 - Submission: 2020-11-16 TIN: 47-2248988

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.
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Attach to Form 990 or 990-EZ.
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Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2019

Open to Public
Inspection

Name of the organization

RSM US FOUNDATION

Employer identification number

47-2248988

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 2	JOSEPH M. ADAMS, DOUG OPHEIM, MARTY BRUNK, MELISSA PROPHET, TERESA DUNNE, MICHAEL GREER, DONNA SCIARAPPA AND JASON ALEXANDER HAVE A BUSINESS RELATIONSHIP.
FORM 990, PART VI, SECTION A, LINE 6	THE FOUNDATION HAS ONE MEMBER, RSM US LLP, AN IOWA LIMITED LIABILITY PARTNERSHIP.
FORM 990, PART VI, SECTION A, LINE 7A	THE MEMBER, RSM US LLP, APPOINTS FOUNDATION DIRECTORS AND MAY REMOVE FOUNDATION DIRECTORS.
FORM 990, PART VI, SECTION A, LINE 7B	THE MEMBER, RSM US LLP, REVIEWS THE AFFAIRS OF THE FOUNDATION AND TAKES ACTION IT DEEMS APPROPRIATE IN ACCORDANCE WITH THE FOUNDATION BYLAWS. THE BYLAWS PROVIDE THAT THE FOLLOWING BOARD ACTIONS MUST BE REVIEWED AND APPROVED BY THE MEMBER: (A) AMENDMENT OR RESTATEMENT OF FOUNDATION ARTICLES OF INCORPORATION OR BYLAWS (B) MERGER, CONSOLIDATION, DISSOLUTION, OR WINDING UP OF THE FOUNDATION; AND (C) OTHER MATTERS AS MAY BE REQUIRED BY LAW TO BE SUBMITTED TO THE MEMBER, OR WHICH THE BOARD DETERMINES SHOULD BE SUBMITTED TO THE MEMBER
FORM 990, PART VI, SECTION A, LINE 8B	THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 IS REVIEWED IN DRAFT FORM BY THE FULL BOARD OF DIRECTORS. ALL QUESTIONS AND CONCERNS ARE ADDRESSED AND RESOLVED BEFORE BECOMING FINAL. THE FINAL FORM 990 IS PROVIDED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	ALL OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE THE EXISTENCE OF A POTENTIAL OR ACTUAL FINANCIAL INTEREST OR BUSINESS RELATIONSHIP THAT WOULD REPRESENT A CONFLICT OF INTEREST ACCORDING TO THE ORGANIZATION'S BYLAWS. THE ORGANIZATION MONITORS AND ENFORCES THIS POLICY ON A CONSISTENT BASIS.
FORM 990, PART VI, SECTION C, LINE 19	THE FOLLOWING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. - ARTICLES OF INCORPORATION - BYLAWS - CONFLICT OF INTEREST POLICY - FINANCIAL STATEMENTS
FORM 990, PART XXI, LINE 2C	THERE HAVE BEEN NO CHANGES TO THE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, REVIEW, OR COMPILATION OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT OR ITS PROCESSES.

Return Reference

Explanation

FORM 990, PART VI, SECTION A, LINE 2

JOSEPH M. ADAMS, DOUG OPHEIM, MARTY BRUNK, MELISSA PROPHET, TERESA DUNNE, MICHAEL GREER, DONNA SCIARAPPA AND JASON ALEXANDER HAVE A BUSINESS RELATIONSHIP.

FORM 990, PART VI, SECTION A, LINE 6

THE FOUNDATION HAS ONE MEMBER, RSM US LLP, AN IOWA LIMITED LIABILITY PARTNERSHIP.

FORM 990, PART VI, SECTION A, LINE 7A

THE MEMBER, RSM US LLP, APPOINTS FOUNDATION DIRECTORS AND MAY REMOVE FOUNDATION DIRECTORS.

FORM 990, PART VI, SECTION A, LINE 7B

THE MEMBER, RSM US LLP, REVIEWS THE AFFAIRS OF THE FOUNDATION AND TAKES ACTION IT DEEMS APPROPRIATE IN ACCORDANCE WITH THE FOUNDATION BYLAWS. THE BYLAWS PROVIDE THAT THE FOLLOWING BOARD ACTIONS MUST BE REVIEWED AND APPROVED BY THE MEMBER: (A) AMENDMENT OR RESTATEMENT OF FOUNDATION ARTICLES OF INCORPORATION OR BYLAWS (B) MERGER, CONSOLIDATION, DISSOLUTION, OR WINDING UP OF THE FOUNDATION; AND (C) OTHER MATTERS AS MAY BE REQUIRED BY LAW TO BE SUBMITTED TO THE MEMBER, OR WHICH THE BOARD DETERMINES SHOULD BE SUBMITTED TO THE MEMBER

FORM 990, PART VI, SECTION A, LINE 8B

THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.

FORM 990, PART VI, SECTION B, LINE 11B

THE FORM 990 IS REVIEWED IN DRAFT FORM BY THE FULL BOARD OF DIRECTORS. ALL QUESTIONS AND CONCERNS ARE ADDRESSED AND RESOLVED BEFORE BECOMING FINAL. THE FINAL FORM 990 IS PROVIDED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS.

FORM 990, PART VI, SECTION B, LINE 12C

ALL OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE THE EXISTENCE OF A POTENTIAL OR ACTUAL FINANCIAL INTEREST OR BUSINESS RELATIONSHIP THAT WOULD REPRESENT A CONFLICT OF INTEREST ACCORDING TO THE ORGANIZATION'S BYLAWS. THE ORGANIZATION MONITORS AND ENFORCES THIS POLICY ON A CONSISTENT BASIS.

FORM 990, PART VI, SECTION C, LINE 19

THE FOLLOWING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. - ARTICLES OF INCORPORATION - BYLAWS - CONFLICT OF INTEREST POLICY - FINANCIAL STATEMENTS

FORM 990, PART XXI, LINE 2C

THERE HAVE BEEN NO CHANGES TO THE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, REVIEW, OR COMPILATION OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT OR ITS PROCESSES.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2019

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