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.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Open to Public
Inspection
Name of the organization
NAIOP RESEARCH FOUNDATION INC
 
Employer identification number

06-1583521
Return Reference Explanation
FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE NAIOP RESEARCH FOUNDATION FOSTERS BUILDING BETTER COMMUNITIES THROUGH PRACTICAL RESEARCH AND EDUCATION THAT ADVANCES THE QUIALITY AND MAKES EVIDENT THE BENEFITS OF COMMERCIAL REAL ESTATE OWNERSHIP AND DEVELOPMENT.
FORM 990, PART VI, SECTION A, LINE 7A: THE TRUSTEES ARE NOMINATED BY THE NOMINATING COMMITTEE OF THE RESEARCH FOUNDATION AND ELECTED BY NAIOP'S BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION A, LINE 7B: THE FOUNDATION BOARD MAY AMEND OR REPEAL THE ORGANIZATION'S BYLAWS IN WHOLE OR IN PART SUBJECT TO THE APPROVAL OF THE NAIOP BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 11B: MANAGEMENT REVIEWS THE 990 BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12C: ALL BOARD, EXECUTIVE COMMITTEE, & SENIOR STAFF ARE REQUIRE TO ANNUALLY COMPLETE A CONFLICT OF INTEREST/DISCLOSURE STATEMENT. WHEN A COVERED PERSON HAS A CONFLICT, THE FOLLOWING STEPS WILL BE TAKEN: IF THE CONFLICT INVOLVES A BOARD MEMBER OR COMMITTEE MEMBER, THE PRESIDENT SHALL MAKE A RECOMMENDED DISPOSITION TO THE BOARD. IF THE CONFLICT INVOLVES A STAFF MEMBER, THE PRESIDENT SHALL HAVE THE AUTHORITY TO DECIDE UPON APPROPRIATE DISPOSITION. THE RECOMMENDED DISPOSITION MAY CONSIST OF ONE OF THE FOLLOWING: 1) SIMPLE DISCLOSURE WHERE THE BOARD OR ASSOCIATION'S AWARENESS OF THE DISCLOSURE IS SUFFICIENT TO CORRECT ANY BIAS; 2) RECUSAL DURING ANY REPORTING, DISCUSSION OR DECISION-MAKING REGARDING AN IMPORTANT POLICY OR PROGRAM WHEN THE CONFLICT AFFECTS THAT POLICY OR PROGRAM; OR 3) RESIGNATION WHEN THE CONFLICT RELATES TO A CONTINUING, PERVASIVE AND IMPORTANT BOARD, COMMITTEE, OR ASSOCIATION FUNCTION THAT CANNOT BE ISOLATED ON AN AGENDA SO AS TO PERMIT RECUSAL.
FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2023


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