| FORM 990, PART III, LINE 3 |
AOSI CLOSED BALTIMORE OFFICE IN NOVEMBER 2023 AND MOST OF PROGRAMS CONDUCTED IN BALTIMORE ENDED DURING THE YEAR OF 2023. |
| FORM 990, PART VI, SECTION A, LINE 2 |
MAIJA ARBOLINO, DEBBIE FINE, LEONARDO BERNARDO, AND ALEXANDER SOROS HAVE A BUSINESS RELATIONSHIP. |
| FORM 990, PART VI, SECTION B, LINE 11B |
AOSI'S AUDIT COMMITTEE IS IN CHARGE OF REVIEWING THE AUDITED FINANCIAL STATEMENTS AND THE 990 TAX RETURN. THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM IN CONJUNCTION WITH IN-HOUSE STAFF. THE FORM 990 IS ALSO REVIEWED BY LEGAL COUNSEL AND THEN CIRCULATED TO AOSI'S BOARD PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C |
AOSI CONFLICTS OF INTEREST AND GIFT ("THE POLICY") REQUIRES BOARD MEMBERS, OFFICERS, EXPERT/ADVISORY COMMITTEE MEMBERS, AND EMPLOYEES TO CERTIFY COMPLIANCE WITH THE POLICY AND DISCLOSE AFFILIATIONS WITH ORGANIZATIONS OR INDIVIDUALS WITH WHOM AOSI DOES BUSINESS ON AN ANNUAL BASIS. THE POLICY REQUIRES BOARD MEMBERS, OFFICERS, EXPERT/ADVISORY COMMITTEE MEMBERS, AND EMPLOYEES THAT HAVE AN "INTEREST" (AS THAT TERM IS DEFINED IN THE POLICY), WITH RESPECT TO A "TRANSACTION" (AS THAT TERM IS DEFINED IN THE POLICY) BEING CONSIDERED FOR APPROVAL BY THE BOARD, TO DISCLOSE THE INTEREST, IN WRITING, TO AOSI. IF THE TRANSACTION IS BEING CONSIDERED FOR APPROVAL BELOW THE BOARD LEVEL, THE INDIVIDUAL SHALL DISCLOSE THE INTEREST, IN WRITING, TO THE PRESIDENT OF THE BOARD. MOREOVER, THE POLICY REQUIRES SUCH INDIVIDUALS TO RECUSE THEMSELVES FROM CONSIDERATION OF THE RELEVANT TRANSACTION AND ALL RELATED DISCUSSIONS, UNLESS THEY ARE ASKED BY THE DECISION-MAKERS TO PROVIDE NECESSARY INFORMATION REGARDING THE PROPOSED TRANSACTION. IN NO EVENT MAY INTERESTED INDIVIDUALS APPROVE TRANSACTIONS IN WHICH THEY HAVE AN INTEREST, NOR MAY THEY BE PRESENT WHEN A VOTE IS TAKEN WITH RESPECT TO THE TRANSACTION. |
| FORM 990, PART VI, SECTION B, LINE 15 |
EMPLOYEES OF OPEN SOCIETY INSTITUTE("OSI"), A RELATED SECTION 501(C)(3) TAX EXEMPT ORGANIZATION, ARE SECONDED TO AOSI AND SOME SERVE AS OFFICERS OF AOSI. AOSI DOES NOT REIMBURSE OSI OR PAY OFFICERS COMPENSATION FOR TIME SPENT ON AOSI MATTERS. HOWEVER, AOSI DOES REIMBURSE OSI FOR PERSONNEL COSTS RELATED TO OSI EMPLOYEES SECONDED TO AOSI AND WHO WORKED FOR THE OPEN SOCIETY INSTITUTE-BALTIMORE PROGRAM. THESE EMPLOYEES' COMPENSATION IS DETERMINED BY OPEN SOCIETY INSTITUTE, AND IS BASED ON MARKET COMPARABLE DATA AND IS DOCUMENTED IN OPEN SOCIETY INSTITUTE'S RECORDS. |
| FORM 990, PART VI, SECTION C, LINE 19 |
THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| PART VII, SECTION A - RELATED ORGANIZATION COMPENSATION AND BENEFITS: |
THE RELATED COMPENSATION AND BENEFITS REPORTED IN PART VII, COLUMNS E AND F FOR MARK MALLOCH-BROWN ARE FROM JANUARY 1, 2023 DECEMBER 31, 2023 DURING THE PERIOD OF TIME THAT AOSI WAS RELATED TO OPEN SOCIETY ALLIANCE FOR OPEN SOCIETY INT'L, INC. 81-0623035 INSTITUTE AND OPEN SOCIETY FOUNDATION LONDON. |
| FORM 990, PART VII - DIRECTOR AND OFFICER (D&O) INSURANCE |
DEEMED D&O INSURANCE TO BE INSURANCE OF THE ORGANIZATION AND NOT NONTAXABLE BENEFITS EXPENSE TO THE INDIVIDUAL AND THUS NO LONGER REPORTED IN PART VII. |
| FORM 990, PART IX, LINE 11G |
OTHER-CONSULTANTS & HONORARIA: PROGRAM SERVICE EXPENSES 454,667. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 454,667. |
| FORM 990, PART XI, LINE 9: |
GAIN ON FOREIGN CURRENCY TRANSLATION 345,971. PV ADJUSTMENT TO MULTI-YEAR GRANT PAYABLE -228,723. RETURN OF UNSPENT FUNDS FROM PRIOR YEAR'S GRANT 517,805. |
| FORM 990, PART XI, LINE 6: |
EFFECTIVE SEPTEMBER 1, 2003, AOSI ENTERED INTO AN AGREEMENT WITH OSI WHEREBY OSI AGREED TO PROVIDE CERTAIN SERVICES TO AOSI. PURSUANT TO THE AGREEMENT, OSI MAINTAINS ON ITS PAYROLL AND BENEFIT PLANS CERTAIN EMPLOYEES WHO PROVIDE SERVICES TO AOSI. OSI ALSO PROVIDES SPACE AND OTHER SUPPORT SERVICES UNDER THE AGREEMENT. DURING THE YEAR ENDED DECEMBER 31, 2023, AOSI RECORDED EXPENSES OF $1,535,000 FOR SERVICES UNDER THE AGREEMENT, INCLUDING $1,401,000 FOR SALARIES AND BENEFITS. AT DECEMBER 31, 2023, AOSI HAD A PAYABLE OF $547,000 DUE TO OSI FOR SERVICES RENDERED UNDER THE AGREEMENT. |