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
2020
Open to Public
Inspection
Name of the organization
AMERICAN INVESTMENT COUNCIL
 
Employer identification number

87-0792910
Return Reference Explanation
Pt VI, Line 6 AIC HAS SIX CLASSES OF MEMBERS: PRINCIPAL, GENERAL, FUND OF FUNDS, SUPPORTING, ASSOCIATE, AND HONORARY MEMBERS. MEMBERS CONSIST OF: PRIVATE EQUITY AND GROWTH CAPITAL FIRMS, FUND OF FUNDS, AND INDUSTRY SERVICE PROVIDERS.
Pt VI, Line 7a PRINCIPAL MEMBERS HAVE AN AUTOMATIC SEAT ON THE BOARD OF DIRECTORS. GENERAL MEMBERS AND FUND OF FUNDS MEMBERS ELECT DIRECTORS TO THE BOARD.
Pt VI, Line 11b THE COUNCIL DOES NOT PROVIDE A COPY OF THE FORM 990 TO THE GOVERNING BODY BEFORE FILING. IT IS REVIEWED AND APPROVED BY THE CEO.
Pt VI, Line 12c THE COUNCIL REQUIRES DIRECTORS AND KEY EMPLOYEES TO DISCLOSE CONFLICTS OF INTEREST. IF A CONFLICT OF INTEREST IS IDENTIFIED DURING THIS PROCESS, THE COUNCIL SEEKS ADVISEMENT BY OUR CORPORATE COUNSEL AS WELL AS OUR TAX COUNSEL IN ORDER TO PROPERLY IDENTIFY, RESOLVE, DOCUMENT, AND REPORT THESE RELATIONSHIPS.
Pt VI, Line 15a IN DETERMINING THE CEO'S COMPENSATION, THE COUNCIL RETAINED OUTSIDE COUNSEL TO PROVIDE MARKET-BASED COMPENSATION DATA TO THE GOVERNING BOARD.
Pt VI, Line 15b IN DETERMING THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES, COMPENSATION IS BASED ON A SURVEY PROVIDED BY THE OUTSIDE COMPENSATION CONSULTANT, ASSESSING COMPARABLE POSITIONS IN COMPARABLE ORGANIZATIONS. THE BOARD HAS FINAL APPROVAL OVER COMPENSATION.
Pt VI, Line 19 THE COUNCIL DOES NOT MAKE THE DOCUMENTS AVAILABLE.
Form 990, Part IX, Line 11g PUBLIC AFFAIRS CONSULTANTS 2677785.
Form 990, Part IX, Line 11g GOVERNMENT AFFAIRS CONSULTANTS 2477233.
Form 990, Part IX, Line 11g RESEARCH SERVICES 1347475.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2020


Additional Data


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