SCHEDULE O
(Form 990)

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.
right arrow Attach to Form 990 or 990-EZ.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2022
Open to Public
Inspection
Name of the organization
THE INDEPENDENT ORDER OF FORESTERS
 
Employer identification number

98-0000680
Return Reference Explanation
Form 990, Part VI, Section A, Line 6 1 Branch per 15,000 members (+/-15%). 10 elected members per Branch all are members of the Regional Assembly to which their Branch belongs. Elected members of the branch elect a President and Vice President which also represent their Branch at the International Assembly. Regional Assemblies elect 10 councilors and 1 president all 11 represent their Region at the International Assembly.
Form 990, Part VI, Section A, Line 7a 1 Branch per 15,000 members (+/-15%). 10 elected members per Branch all are members of the Regional Assembly to which their Branch belongs. Elected members of the branch elect a President and Vice President which also represent their Branch at the International Assembly. Regional Assemblies elect 10 councilors and 1 president all 11 represent their Region at the International Assembly.
Form 990, Part VI, Section B, Line 11b Form 990 is prepared by the Finance Department with input from relevant areas of the organization. This form is reviewed by the V.P. Global Tax Compliance and Planning and other officers of the organization.
Form 990, Part VI, Section B, Line 12c Once a year, employees are required to review the Code of Ethics document in its entirety and to complete an acknowledgement and conflict of interest disclosure form.
Form 990, Part VI, Section B, Line 15 Foresters Board has a Human Capital and Governance Committee ("HCGC"), comprised of independent directors. Its mandate requires the Committee to recommend to the Board the annual compensation for the CEO and to approve the annual compensation for the CEO and their direct reports. Every two years, a formal review of executive compensation is completed, including comparator organizations, and competitiveness of total compensation levels (i.e., base pay and incentives). This review is done by external compensation consults who are approved by the HCGC and who provide comparable data for the financial services/ insurance industry. The information is reviewed in detail by the HCGC. Foresters HCGC uses this biennial compensation information to review salary and incentive levels for the CEO and their direct reports; this data is used to inform recommendations for any changes to compensation.
Form 990, Part VI, Section C, Line 19 The documents are on our website at www.foresters.com. Code of Ethics, Constitution, audited financial statements and Annual Report.
Form 990, Part VIII, Line 11a 11b 11c We have included change in insurance contract liabilities as revenue in Line 11c of Part VIII so that gross receipts can be greater than or equal to zero.
Form 990, Part XI, Line 9 Other changes in net assets includes currency translation gains and losses.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2022


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