| FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: |
THE SIERRA CLUB IS THE OLDEST AND LARGEST GRASSROOTS ENVIRONMENTAL ORGANIZATION ON THE PLANET. ITS MISSION REMAINS TO EXPLORE, ENJOY, AND PROTECT THE WILD PLACES OF THE EARTH; TO PRACTICE AND PROMOTE THE RESPONSIBLE USE OF THE EARTH'S ECOSYSTEMS AND RESOURCES; TO EDUCATE AND ENLIST HUMANITY TO PROTECT AND RESTORE THE QUALITY OF THE NATURAL AND HUMAN ENVIRONMENT; AND TO USE ALL LAWFUL MEANS TO CARRY OUT THESE OBJECTIVES. THE CLIMATE EMERGENCY IS HERE. IT IS THREATENING OUR HOMES, OUR FAMILIES, OUR LIVELIHOODS, AND EVERYTHING WE HOLD DEAR. THE STORMS, FIRES, FLOODS, AND DROUGHTS WILL ONLY GET MORE DESTRUCTIVE. AS WE COME TOGETHER TO SUPPORT THOSE HIT THE HARDEST BY THIS YEAR'S EXTREME WEATHER, THE SIERRA CLUB IS ACTING SWIFTLY TO MOVE OUR COMMUNITIES BEYOND FOSSIL FUELS AND TOWARD THE CLEAN ENERGY FUTURE WE NEED. WE MUST NEVER FORGET THAT THE ROOTS OF THE CLIMATE CRISIS AND WHITE SUPREMACY ARE INEXTRICABLY LINKED. ALONG WITH OTHER INJUSTICES, BLACK PEOPLE IN PARTICULAR ARE DISPROPORTIONATELY DEVASTATED BY COVID-19, LIVE WITH SIGNIFICANTLY HIGHER LEVELS OF TOXIC POLLUTION, AND FACE MORE OF THE IMPACTS OF THE CLIMATE CRISIS -POWERFUL STORMS, FLOODS, HEAT WAVES, WILDFIRES, AND DROUGHTS. ADDRESSING THE CLIMATE CRISIS REQUIRES DISMANTLING SYSTEMIC RACISM. AS THE SIERRA CLUB'S DIRECTOR OF STRATEGIC PARTNERSHIPS EXPLAINED, "YOU CAN'T HAVE CLIMATE CHANGE WITHOUT SACRIFICE ZONES, AND YOU CAN'T HAVE SACRIFICE ZONES WITHOUT DISPOSABLE PEOPLE, AND YOU CAN'T HAVE DISPOSABLE PEOPLE WITHOUT RACISM." PART OF THE SIERRA CLUB'S MANDATE IS TO ENSURE THAT OPPRESSED COMMUNITIES RECEIVE JUSTICE AND EXPERIENCE THE BENEFITS OF A HEALTHY AND SUSTAINABLE FUTURE. |
| FORM 990, PART III, LINE 3, CHANGES IN PROGRAM SERVICES: |
THE SIERRA CLUB MADE TEMPORARY PROGRAM CHANGES IN RESPONSE TO THE PANDEMIC: SHUTTING DOWN ACTIVITIES, EVENTS, OUTINGS, SERVICES AND PROGRAMMING, IMPLEMENTING A CRISIS RESPONSE PLAN, DEVELOPING COVID OPERATING PROTOCOLS AND MITIGATION PROCESSES THROUGHOUT THE ORGANIZATION, ESTABLISHING GOVERNANCE COMMITTEES, TASK FORCES, AND ADVISORY BOARDS TO MANAGE PROGRAM OPERATIONS THROUGH A STRATEGIC REOPENING PROCESS THAT IS ONGOING AND ADAPTIVE TO THE FLUID PANDEMIC CONDITIONS THAT REMAIN. PROGRAMS NOW OPERATE WITH ENHANCED STRUCTURE, REVIEW AND APPROVAL PROCESS THAT BEST MATCHES THE CONDITIONS PRESENTED BY THE PANDEMIC PRIORITIZING SAFETY AND HEALTH. |
| FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: |
THROUGH ITS EDUCATIONAL AND NON-DIRECT LOBBYING PROGRAMS, THE SIERRA CLUB INFORMS THE PUBLIC AND DECISION-MAKERS ABOUT PRESSING ISSUES AND CULTIVATES AWARENESS AND ACTIVISM AT THE LOCAL, STATE, AND NATIONAL LEVELS. WITH STAFF IN NEARLY EVERY STATE AND VOLUNTEERS IN EVERY CONGRESSIONAL DISTRICT AND MEDIA MARKET, WE ARE ABLE TO MOBILIZE ACTIVISTS THROUGH EMAIL ALERTS AND PERSONAL CONTACTS. STATE AND NATIONAL LOBBYISTS REPRESENT US IN WASHINGTON, D.C., AND IN ALMOST EVERY STATE CAPITOL. THROUGH OUR AWARD-WINNING WEBSITE, SIERRA MAGAZINE, NATIONAL REPORTS, AND MANY LOCAL AND REGIONAL PUBLICATIONS, WE ARE ABLE TO REACH BEYOND MEMBERS TO EDUCATE AND INSPIRE NEW CONSTITUENCIES. ADDITIONALLY, OUR ENVIRONMENTAL LAW PROGRAM EXTENDS THE FIGHT FOR SOUND ENVIRONMENTAL POLICY TO THE COURTS DIRECTLY WITH OUR STAFF LAWYERS AND THROUGH THE TRAINING AND MENTORING OF ALL OF OUR LEGAL PARTNERS. THE SIERRA CLUB'S ENVIRONMENTAL LAW PROGRAM USED COURTROOM AND ADMINISTRATIVE LITIGATION TO BLOCK ROLLBACKS WHILE CONTINUING OUR VERY SUCCESSFUL WORK TO RETIRE COAL PLANTS AND ADVANCE CLEAN ENERGY. A STRONG LEGAL PROGRAM IS ESSENTIAL TO THE SIERRA CLUB'S ABILITY TO ACCOMPLISH OUR ENVIRONMENTAL MISSION AND TO THE ABILITY OF CITIZENS TO PROTECT THEIR ENVIRONMENTAL HEALTH. OUR READY FOR 100 CAMPAIGN PASSED A MAJOR MILESTONE FOR CLEAN ENERGY IN THE UNITED STATES WITH MORE THAN 100 MILLION PEOPLE NOW LIVING IN PLACES COMMITTED TO 100 PERCENT CLEAN ENERGY. THESE COMMITMENTS BY CITIES, COUNTIES, AND STATES WILL COLLECTIVELY REDUCE CARBON POLLUTION BY 308 MILLION METRIC TONS OF CO2, THE EQUIVALENT OF TAKING 66 MILLION CARS OFF THE ROAD OR RETIRING 79 COAL PLANTS. THIS MILESTONE IS A VICTORY FOR EVERYONE WHO HAS BEEN FORCED TO BREATHE POLLUTED AIR OR DRINK UNCLEAN WATER BECAUSE THEY LIVED NEAR A DIRTY POWER PLANT. THANKS TO THE DEDICATION OF LOCAL ORGANIZERS ACROSS THE COUNTRY, FEWER CHILDREN WILL GROW UP WITH ASTHMA. FEWER LOVED ONES WILL SUFFER HEART ATTACKS OR ENDURE RESPIRATORY PROBLEMS. THE MOMENTUM ON COAL RETIREMENTS DID NOT ABATE IN 2020 AS THE BEYOND COAL CAMPAIGN HIT MORE THAN 335 PLANTS SCHEDULED FOR RETIREMENT. NOTABLY, 18 PLANTS TOTALING 10,398 MW WERE ANNOUNCED FOR RETIREMENT IN THE FIRST HALF OF 2020, REPRESENTING THE HIGHEST SIX-MONTH TOTAL SINCE BEFORE THE TRUMP ADMINISTRATION TOOK OFFICE. AND ANOTHER EIGHT PLANTS WERE ANNOUNCED FOR RETIREMENT IN JUST THE FIRST TWO WEEKS OF NOVEMBER 2020, TOTALING MORE THAN 4,000 MW. THE IMPACT OF OUR WORK IS TANGIBLE. IN MAY, THE NEW YORK TIMES REPORTED THAT FOR THE FIRST TIME, THE UNITED STATES WAS POISED TO PRODUCE MORE ELECTRICITY FROM RENEWABLE ENERGY THAN FROM COAL IN 2020, ACCORDING TO GOVERNMENT PROJECTIONS. THE OUR WILD AMERICA CAMPAIGN IS TEAMING UP WITH CONSERVATION GROUPS AND PUBLIC OFFICIALS ON A NEW "30X30" CAMPAIGN THAT WILL WORK STATE BY STATE AND AGENCY BY AGENCY TO PROTECT 500 MILLION ACRES OF LAND OVER THE NEXT TEN YEARS. SCIENTISTS TELL US THAT IF WE HOPE TO AVOID THE WORST IMPACTS OF CLIMATE CHANGE AND EXTINCTION, WE NEED TO SAFEGUARD AT LEAST 30 PERCENT OF AMERICA'S LAND BY 2030. THIS IS THE MOST AMBITIOUS EFFORT WE HAVE UNDERTAKEN IN 128 YEARS OF PROTECTING LAND AND WILDLIFE, AND WE ARE BRINGING THE POWER OF OUR GRASSROOTS BASE TO THE FIGHT. BEYOND DIRTY FUELS HELPED TO SLOW OR DEFEAT NEARLY $30 BILLION IN DIRTY FUEL INFRASTRUCTURE PROJECTS, SUCH AS PIPELINES AND EXPORT TERMINALS, IN JUST THE FIRST HALF OF 2020. THE SIERRA CLUB IS SUPPORTING MORE THAN 25 COMMUNITY-LED FIGHTS TO STOP FRACKED GAS PIPELINES, OIL AND TAR SANDS PIPELINES, AND LIQUEFIED NATURAL GAS AND OIL EXPORT FACILITIES. OUR WORK STOPPING DIRTY FUELS INFRASTRUCTURE IN 2020 AVOIDS FUTURE ESTIMATED EMISSIONS OF MORE THAN 1,300 MILLION METRIC TONS OF CARBON EQUIVALENT PER YEAR. THE SIERRA CLUB'S HEALTHY COMMUNITIES PROGRAM PLAYED A BIG ROLE IN THE SIERRA CLUB'S COVID-19 RESPONSE. IN MICHIGAN, FOR EXAMPLE, THE STRENGTH OF OUR COMMUNITY PARTNERSHIPS AND CAMPAIGN EXPERIENCE HELPED US TO OVERCOME SOCIAL DISTANCING THROUGH SOCIAL MEDIA CAMPAIGNS IN ORDER TO SPUR ADMINISTRATIVE ACTION. IN ADDITION TO TRADITIONAL ACTIONS, LIKE CALLING AND EMAILING, THE SIERRA CLUB USED TRADITIONAL MEDIA AND SOCIAL MEDIA TOOLS TO INCREASE PRESSURE ON THE GOVERNOR'S OFFICE TO ENACT MORATORIA ON UTILITIES SHUT-OFFS DURING THE PANDEMIC. FOR OVER 25 YEARS, SIERRA STUDENT COALITION HAS RUN INTENSIVE TRAINING PROGRAMS THAT CULTIVATE LEADERSHIP AND ORGANIZING SKILLS IN YOUNG PEOPLE, INCLUDING GRASSROOTS ORGANIZING SKILLS, STORYTELLING AND MEDIA, AND CENTERING ANTI-RACISM AND ANTI-OPPRESSION IN ORGANIZING. THE CURRICULUM CHANGES EACH YEAR TO MEET THE NEEDS OF THE REGIONS AND COMMUNITIES IN WHICH WE OPERATE. IN 2020, WE ALSO RAN A VIRTUAL PROGRAM FOR YOUTH AROUND THE COUNTRY TO LEARN THE BASICS OF CLIMATE JUSTICE AND CAMPAIGNING. IN 2020, THE DEMOCRACY PROGRAM RAMPED UP WORK TO PROTECT VOTERS. WE PARTICIPATED IN THE NONPARTISAN ELECTION PROTECTION COALITION, A COALITION OF MORE THAN 100 LOCAL, STATE, AND NATIONAL PARTNERS - CIVIL AND VOTING RIGHTS, LABOR, PRO-DEMOCRACY, AND LAWYERS ASSOCIATIONS - TO ENSURE EQUAL ACCESS TO VOTING. OUR FOCUS IN 2020 WAS: FUNDING THE MOBILIZATION OF NEARLY 22 SIERRA CLUB ATTORNEYS TO VOLUNTEER WITH THE VOTER HOTLINE AND IN STATE ELECTION PROTECTION BOILER ROOMS, INCLUDING IN-PERSON IN VIRGINIA AND FLORIDA; RECRUITING 424 SIERRA CLUB STAFF AND VOLUNTEERS AS NONPARTISAN POLL MONITORS TO JOIN THOUSANDS OF VOLUNTEERS ON-THE-GROUND HELPING VOTERS SOLVE PROBLEMS AND ACCESS LEGAL SUPPORT IF NEEDED; AND PROMOTING THE 866-OUR-VOTE HOTLINE, INCLUDING ON SOCIAL MEDIA. THE SIERRA CLUB'S OUTDOORS FOR ALL CAMPAIGN JOINED A MOVEMENT CALLING ON CITY LEADERS TO OPEN STREETS FOR WALKING, BIKING, AND RECREATING DURING THE PANDEMIC. WE BELIEVE THAT ACCESS TO NATURE IS A HUMAN RIGHT - ONE WORTH FIGHTING FOR. BUT THE CHASM BETWEEN THOSE WHO HAVE EASY ACCESS TO NATURE AND THOSE WHO DO NOT IS WIDE, AND CLOSING IT WILL NOT BE EASY. AS WE SAW THOUGH HORRIFYING EXAMPLES IN 2020, PEOPLE OF COLOR, ESPECIALLY AFRICAN AMERICAN MEN, CANNOT EVEN GO FOR A JOG OUTDOORS OR ENJOY BIRD-WATCHING WITHOUT FEARING FOR THEIR LIVES. FIGHTING RACISM IS AN ESSENTIAL PART OF OUR WORK TO MAKE SURE EVERYONE CAN EXPLORE, ENJOY, AND PROTECT THE PLANET. SIERRA CLUB CONTINUES TO INVEST SIGNIFICANT RESOURCES IN ONLINE SYSTEMS AND COMMUNICATIONS TOOLS THAT ENABLE OUR STAFF AND FIELD ORGANIZERS AND VOLUNTEERS TO REACH A BROADER SEGMENT OF THE POPULATION AND PROVIDE THEM A QUICK AND EASY AVENUE FOR INFLUENCING DECISION-MAKERS. AS A RESULT, WE CURRENTLY CORRESPOND WITH MILLIONS OF EMAIL CONTACTS AND ENGAGE MORE THAN A MILLION PEOPLE THROUGH SOCIAL MEDIA. WE CONTINUE TO BRING IMPORTANT ISSUES TO OUR ACTIVISTS' ATTENTION THROUGH SOCIAL MEDIA AND ELECTRONIC PUBLICATIONS AND TO PROVIDE SUPPORT FOR CHAPTER AND FIELD-BASED ONLINE ORGANIZING EFFORTS. LOBBYING EFFORTS IN 2020, THE SIERRA CLUB UNDERTOOK DIRECT ADVOCACY EFFORTS AT THE FEDERAL, STATE, AND LOCAL LEVELS. NATIONALLY, ONE MAJOR ISSUE OF FOCUS WAS LOBBYING FOR A COVID-19 STIMULUS THAT PUTS WORKERS, HEALTH, THE ENVIRONMENT, AND OUR DEMOCRACY FIRST IN THE FORM OF A "PEOPLE'S BAILOUT." THE SIERRA CLUB'S LEGISLATIVE LOBBYING WORK ALSO INCLUDED SHAPING THE CONTENT OF A HALF-DOZEN NEW FEDERAL BILLS THAT OUTLINE SPECIFIC PLANS TO ADVANCE GREEN NEW DEAL GOALS IN KEY ECONOMIC SECTORS. WE ALSO ARE LEADING THE DEVELOPMENT OF A POLICY PLATFORM RELATED TO A GREEN NEW DEAL TO GUIDE LEGISLATION FROM THE CONGRESSIONAL PROGRESSIVE CAUCUS. IN WASHINGTON, D.C., AND AROUND THE COUNTRY, THE SIERRA CLUB ALSO FOUGHT BACK AGAINST LEGISLATIVE ATTACKS TO WEAKEN OR ELIMINATE CRITICAL CLEAN AIR AND CLEAN WATER PROTECTIONS AND BLOCK CLIMATE PROGRESS, AND WE ADVANCED CLEAN ENERGY MEASURES IN STATES AND CITIES NATIONWIDE. WE PLAYED A KEY ROLE IN PASSING OR ADVANCING LANDMARK CLEAN ENERGY AND FOSSIL FUEL PHASE-OUT LEGISLATION IN STATES LIKE VIRGINIA, NEW JERSEY, AND ILLINOIS. |
| FORM 990, PART VI, SECTION A, LINE 6 |
ANY PERSON INTERESTED IN ADVANCING THE PURPOSES OF THE SIERRA CLUB MAY BECOME A MEMBER. THERE SHALL BE SEVERAL CLASSES OF MEMBERSHIP: REGULAR, LIKE, AND SUCH OTHER SPECIAL CLASSES AS THE BOARD OF DIRECTORS MAY ESTABLISH. |
| FORM 990, PART VI, SECTION A, LINE 7A |
BYLAW 4.8: ALL ACTIONS REQUIRING A VOTE OF THE MEMBERSHIP SHALL BE DECIDED BY WRITTEN BALLOTS AS PROVIDED FOR IN BYLAW 5, SECTION 2, AND BYLAW 11. A QUORUM FOR ANY BALLOT OR FOR ANY MEETING OF THE MEMBERS SHALL BE FIVE PERCENT (5%) OF THE MEMBERSHIP ON THE DATE OF RECORD SET BY THE BOARD OF DIRECTORS IN ACCORDANCE WITH LAW. EACH PERSON WHO IS A MEMBER ON THE DATE OF RECORD SHALL BE ELIGIBLE TO VOTE AND SHALL HAVE ONE VOTE ON ANY ISSUE PRESENTED TO THE MEMBERSHIP EXCEPT AS PROVIDED IN PARAGRAPH 5.7. VOTING BY PROXY SHALL NOT BE PERMITTED. SR 4.8.1 VOTING BY MEMBERS: ALL REGULAR AND LIFE MEMBERS OF RECORD ON JANUARY 31 SHALL BE SENT BALLOTS FOR THE ANNUAL ELECTION OF DIRECTORS, AS PROVIDED IN THE BYLAWS PARAGRAPH 4.8 AND 5.6 AND STANDING RULES 4.2.1. EACH SUCH INDIVIDUAL MEMBER SHALL BE SENT ONE BALLOT; JOINT MEMBERSHIPS SHALL RECEIVE TWO BALLOTS. |
| FORM 990, PART VI, SECTION A, LINE 7B |
IN ACCORDANCE WITH CORPORATION LAW SECTION 5057, THE ONLY MEMBERSHIP RIGHTS OF MEMBERS OF THE CLUB ARE THE RIGHTS SPECIFICALLY PROVIDED BY THE ARTICLES, BYLAWS, AND THE CORPORATION LAW. ALL OTHER PRIVILEGES OR OPPORTUNITIES GRANTED TO MEMBERS OF THE CLUB UNDER ITS STANDING RULES, POLICIES, OR THE BYLAWS OR RULES OF CLUB SUB-ENTITIES ARE NOT RIGHTS OF MEMBERSHIP IN THE CLUB FOR PURPOSES OF CORPORATION LAW SECTION 5057. |
| FORM 990, PART VI, SECTION B, LINE 11B |
A DRAFT OF THE FORM 990 IS REVIEWED BY THE FINANCE DEPARTMENT AND ASSISTANT TREASURER. AFTER REVIEW, A COPY IS SENT TO THE AUDIT COMMITTEE WHO MEETS WITH THE FINANCE DEPARTMENT AND TAX PREPARERS TO REVIEW THE 990. THE DRAFT IS THEN SENT TO THE BOARD OF DIRECTORS PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C |
BOARD OF DIRECTORS AND OTHER SENIOR VOLUNTEERS MUST COMPLETE AND SIGN A WRITTEN DISCLOSURE FORM ANNUALLY. FOR EMPLOYEES (CURRENT AND FORMER) PLUS INDEPENDENT CONTRACTORS ARE RESPONSIBLE FOR DISCLOSING ANY POTENTIAL CONFLICTS OF INTEREST RELATED TO THEIR CLUB ACTIVITIES. THE POLICY IS INCLUDED IN THE EMPLOYEE HANDBOOK. IN-HOUSE LEGAL COUNSEL WILL INVESTIGATE COMPLAINTS OF VIOLATIONS. WHEN A POTENTIAL CONFLICT IS DISCLOSED BY AN EMPLOYEE, THE HUMAN RESOURCES DEPARTMENT MAKES A DETERMINATION REGARDING THE APPROPRIATE ACTION IN ORDER TO COMPLY WITH THE CLUB'S POLICIES. |
| FORM 990, PART VI, SECTION B, LINE 15 |
COMPENSATION OF DIRECTORS, IF ANY, IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS UTILIZING EXTERNAL DATA FROM LIKE ORGANIZATIONS, THE RATIONALE FOR WHICH IS DOCUMENTED. THE EXECUTIVE DIRECTOR COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS AFTER AN EVALUATION OF PERFORMANCE AND INTERVIEWS WITH APPROPRIATE PARTIES. COMPENSATION IS BASED ON EXTERNAL DATA FROM LIKE ORGANIZATIONS. A DOCUMENTED PERFORMANCE EVALUATION IS MAINTAINED. EXECUTIVE DIRECTOR SALARY IS DETERMINED BY THE BOARD EXECUTIVE COMMITTEE. THE COMMITTEE REVIEWS THE SALARIES AND YEARLY INCREASES. IT ALSO ESTABLISHES BUDGETED INCREASE RATE FOR ALL MANAGEMENT PERSONNEL. THE COMMITTEE HAS COMPARATIVE SALARY DATA AVAILABLE FROM HUMAN RESOURCES DEPARTMENT. ANNUAL PERFORMANCE REVIEWS ARE CONDUCTED AND DOCUMENTED. WITH RESPECT TO ALL OFFICERS AND KEY EMPLOYEES, THE HUMAN RESOURCES DEPARTMENT CONDUCTS A SALARY PRACTICES. THIS INCLUDES THE EXECUTIVE DIRECTOR'S SALARY. SALARIES FOR OFFICERS AND KEY EMPLOYEES OTHER THAN THE EXECUTIVE DIRECTOR ARE DETERMINED ACCORDING TO THE CLUB'S ESTABLISHED PROCEDURE AND GUIDELINES FOR ANNUAL MERIT RAISES, AS ADMINISTERED BY THE HUMAN RESOURCES DEPARTMENT, AND APPROVED BY THE BOARD OF DIRECTORS. DEPARTMENT LEADERSHIP, THE EXECUTIVE DIRECTOR, AND THE DIRECTOR OF HUMAN RESOURCES MUST APPROVE SPECIFIC RAISES. |
| FORM 990, PART VI, SECTION C, LINE 19 |
THE ORGANIZATION'S ARTICLES OF INCORPORATION, BYLAWS, AND STANDING RULES (WHICH CONTAINS THE CONFLICT OF INTEREST POLICY) ARE AVAILABLE ON ITS PUBLIC WEBSITE WWW.SIERRACLUB.ORG. PORTIONS OF THE AUDITED FINANCIAL STATEMENTS ALONG WITH A LINK TO THE FULL AUDITED FINANCIAL STATEMENTS ARE PUBLISHED IN SIERRA MAGAZINE (NOV.-DEC. ISSUE). |
| FORM 990, PART IX, LINE 11G |
FEES & CONCESSIONS: PROGRAM SERVICE EXPENSES 13,476,183. MANAGEMENT AND GENERAL EXPENSES 1,254,735. FUNDRAISING EXPENSES 2,236,473. TOTAL EXPENSES 16,967,391. STAFF TRAINING/SEARCH: PROGRAM SERVICE EXPENSES 354,066. MANAGEMENT AND GENERAL EXPENSES 21,203. FUNDRAISING EXPENSES 42,114. TOTAL EXPENSES 417,383. CONSULTANTS: PROGRAM SERVICE EXPENSES 6,098,523. MANAGEMENT AND GENERAL EXPENSES 365,207. FUNDRAISING EXPENSES 725,381. TOTAL EXPENSES 7,189,111. |
| FORM 990, PART XI, LINE 9: |
SEGREGATED FUND ELIMINATIONS -98,979. PENSION RELATED CHARGES -4,052,800. |
Attach to Form 990 or 990-EZ.