* 1 250 'char500 - the daily caller

* 1 250'CHAR500 NYS Office of the Attorney General

Send with fee and attachments to: 2015Charities Bureau Registration Section Open to PublicNYS Annual Filing for Charitable Organizations 120 Broadway

www.CharitiesNYS.com New York, NY 10271 Inspection

For Fiscal Year Beginning (mm/dd/yyyy) ~ / LQ_LL / 2015 and Ending (mm/dd/yyyy) 1 1 ~, ~7.0(6~Name of Organization: Employer Identification Number (EIN):

Check if Applicable:El Address Change Amer (can-:E>r idje Zlf Cenkiry ia*nsk<kon [27-527803]El Name Change Mailing Address: NY Registration Number:

El Initial Filing 465 Nbssackiesitts Aie.noe,NW, 5udd 660 Fin FTwi -IFT-1El Final Filing City / State / Zip: Telephone:

El Amended Filing \Aksh,njbn,-DC 2.000 1 -2-02 - 747 - 22(00El Reg ID Pending Website: Email:

Check your organization's Confirm your Registration Category in the|~ 7A only m EPTL only ¤ DUAL (7A & EPTL) ~ EXEMPT

registration category: Charities Registry at www.CharitiesNYS.com.

See instructions for certification requirements. Improper certification is a violation of law that may be subject to penalties.

We certify under penalties of perjury that w eviewed this report, including all attachments, and to the best of our knowledge and belief,they are true, correct a o ete in accordance with the laws ofthe State of New York applicabletgth report.

Ptes\dentor Author\zed Off~cer:ig tur Print Na e and Title Dat

Chief Financial Officer or Treasurer: 5 6Si nature Print Name and i e Date

Checkthe exemption(s) that applyto yourfiling. If your organization is claiming an exemption under one category (7A or EPTLonly filers) or bothcategories (DUAL filers) that apply to your registration, complete only parts 1,2, and 3, and submitthe certified Char500. No fee, schedules, or additionalattachments are required. If you cannot claim an exemption or are a DUAL filerthat claims only one exemption, you must file applicable schedules andattachments and pay applicable fees.

El 3a. 7A filing exemotion: Total contributions from NY State including residents, foundations, government agencies, etc. did not exceed $25,000and the organization did not engage a professional fund raiser (PFR) or fund raising counsel (FRC) to solicit contributions during the fiscal year.Or the organization qualifies for another 7A exemption (see instructions).

~ 3b. EPTL filing exemption: Gross receipts did not exceed $25,000 and the market value of assets did not exceed $25,000 at any time during thefiscal year.

See the following pagefor a checklist of ~ Yes ~ No 4a. Did your organization use a professional fund raiser, fund raising counsel or commercial co-venturer for

schedules and fund raising activity in NY State? If yes, complete Schedule 4a.attachments tocomplete your filing. ~ Yes ~ No 4b. Did the organization receive government grants? If yes, complete Schedule 4b.

See the checklist on the 7A filing fee: EPTL fi ling fee: Total fee:next page to calculate your Make a single check or money orderfee(s). Indicate fee(s) you $ 2-9 $e $ 260 payable to:are submitting here: "Department of La<

CHAR500 Annual Filing for Charitable Organizations (Updated December 2015)

CHAR500 - Your organization is registered as 7A only and you marked the 7A filing exemption in Part 3.Simply submit the certified CHAR500 with no fee, schedule, or additional attachments IF :

- Your organization is registered as EPTL only and you marked the EPTL filing exemption in Part 3.

Annual Filing Checklist - Your organization is registered as DUAL and you marked both the 7A and EPTL filing exemption in Part 3.

0 -.- .0

Check the schedules you must submit with your CHAR500 as described in Part 4:

[*' If you answered "yes" in Part 4a, submit Schedule 4a: Professional Fund Raisers (PFR), Fund Raising Counsel (FRC), Commercial Co-Venturers (CCV)

£ If you answered "yes" in Part 4b, submit Schedule 4b: Government Grants

Checkthe financial attachments you must submit with your CHAR500:

[2'IRS Form 990, 990-EZ, or 990-PF, and 990-T if applicable

~IZI'All additional IRS Form 990 Schedules, including Schedule B (Schedule of Contributors).

El our organization was eligible for and filed an IRS 990-N e-postcard. We have included an IRS Form 990-EZ for state purposes only.

If you are a 7A only or DUAL filer, submit the applicable independent Certified Public Accountant's Review or Audit Report:

01 Review Report if you received total revenue and support greater than $250,000 and up to $500,000.

[29\udit Report if you received total revenue and support greater than $500,000

El No Review Report or Audit Report is required because total revenue and support is less than $250,000

El We are a DUAL filer and checked box 3a, no Review Report or Audit Report is required

lim RegistrgtionGate LZLEPIL-QUALor EXEMET.1For 7A and DUAL filers, calculate the 7A fee: Organizations are assigned a Registration Category upon

registration with the NY Charities Bureau:El $0, if you checked the 7A exemption in Part 3a

7A filers are registered to solicit contributions in New York~ $25, if you did not check the 7A exemption in Part 3a under Article 7-A of the Executive Law ("7A")

For EPTL and DUAL filers, calculate the EPTL fee: EPTL filers are registered under the Estates, Powers & TrustsLaw ("EPTL") because they hold assets and/or conduct

~ $0, if you checked the EPTL exemption in Part 3b activites for charitable purposes in NY.

~ $25, if the NET WORTH is less than $50,000DUAL filers are registered under both 7A and EPTL.

~ $50, if the NET WORTH is $50,000 or more but less than $250,000EXEMPT filers have registered with the NY Charities Bureau

~ $100, if the NET WORTH is $250,000 or more but less than $1,000,000 and meet conditions in Schedule E--Registr-align

0'-$250, if the NET WORTH is $1,000,000 or more but less than $10,000,000 ExemetionforCharitable-Qrganizations. Theseorganizations are not required to file annual financial reports

~ $750, if the NET WORTH is $10,000,000 or more but less than $50,000,000 but may do so voluntarily.

~ $1500, if the NET WORTH is $50,000,000 or more Confirm your Registration Category and learn more about NYlaw at www.CharitiesNYS.com.

...Where-dolfinimloranization's NETWORTHZ

Send your CHAR500, all schedules and attachments, and total fee to: NET WORTH for fee purposes is calculated on:- IRS From 990 Part 1, line 22

NYS Office of the Attorney General - IRS Form 990 EZ Part I line 21Charities Bureau Registration Section - IRS Form 990 PF, calculate the difference between120 Broadway Total Assets at Fair Market Value (Part 11, line 16(c)) andNew York, NY 10271 Total Liabilities (Part 11, line 23(b)).

CHAR500 Annual Filing for Charitable Organizations (Updated December 2015)

COPILEVITZ V&CANTER Y

July 26, 2018

NYS Office of the Attorney GeneralCharities Bureau Registration Section120 BroadwayNew York, NY 10271

Re: American Bridge 21St Century FoundationNY Registration Number: 44-67-94

Dear Sir/Madam:

Please find enclosed the CHAR500 NYS Annual Filing for Charitable Organizations.Accompanying this renewal you will also find the $250.00 filing fee, IRS 990 and auditfor fiscal year ended,December 31, 2015.

I will be sendingthe renewal and all required attachments/fee for FYE December 31,2016 within the·week.

Should you have any questions concerning this application, or require furtherinformation, feel free to contact me. I look forward to receiving confirmation that thisorganization's license has been renewed.

Sincerely,

Kathleen JohnstonCompliance ProfessionalFor the Firm • ,[email protected]

Enclosures

0 310 W, 20th Street · Suite 300 · Kansas City, MO 64108 % 816,472,9000 8 816.472.5000 ® copilevitz-canter.com

** PUBLIC DISCLOSURE COPY **OMB No. 1545-0047990 Return of Organization Exempt From Income Tax

Form Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)

Department of the Treasury * Do not enter social security numbers on this form as it may be made public. lofff*opobli#liInternal Revenue Service Information about Form 990 and its instructions is at www.irs. ov/form990. IinspectiBRI~A For the 2015 calendar ear, or tax year beginning and endingB Check if ' C Name of organization D Employer identification numberapplicable:

E-lAtiBs AMERICAN BRIDGE 21ST CENTURY FOUNDATION1-3ZS:%® Doin business as 27-5278038

Number and street (or P.O. box if mail is not delivered to street address) Room/suite E Telephone number455 MASSACHUSETTS AVENUE NW 600 202 747-2060

termin-ated City or town, state or province, country, and ZIP or foreign postal code G Gross receipts $ 4 632 000.

F~AmendedL_ _Iretum WASHINGTON DC 20001 H(a) Is this a group return

F Name and address of principal omcer:JES S ICA MACKLER for subordinates? ,IEJ]Yes 1~~| Nopending SAME AS C ABOVE H(b) Are all suboidinates included?£Yes ~ No

1 Tax-exem t status: ~501 c 3 501 c 4 1 insert no. |~-| 4947 a 1 or |~-1 527 If "No," attach a list. (see instructions)J Website: WWW.BRIDGEPROJECT.COM H c Gfou exem tion number IK Form of or anization: Corporation . Trust Association Other I L Year of formation: 2011 M State of le al domicile: DCIE.abll Summary

Expe

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Act

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nce 1 Briefly describe the organization's mission or most significant activities: SEE PART III,L INE 1.

2 Check this box I |~-1 if the organization discontinued its operations or disposed of more than 25% of its net assets.3 Number ofvoting members ofthe governing body (Part VI, line la) 3 44 Number of independent voting members of the governing body (Part VI, line 1 b) 35 Total number of individuals employed in calendar year 2015 (Part V, line 2a) 5 0 ,6 Total number of volunteers (estimate if necessary) ... ... 6 07 a Total unrelated business revenue from Part VIll, column (C), line 12 7a 0.

b Net unrelated business taxable income from Form 990·T, line 34, _ _______.________ 7b 0.Prior Year Current Year

8 Contributions and grants (Part VII I, line 1 h) 1 855 500. 4 632 000.9 Program service revenue (Part VIll, line 2g) 0. 0.10 Investment income (Part VIll, column (A), lines 3,4, and 7* 0. 0.11 Other revenue (Part Vill, column (A),linesS,Gd, 8c,gc, 10c, andlle) 012 Total revenue - add lines 8 throu h11 must e ual Part VIll column . line 12 ..... 1 855 500. 4 632 000.13 Grants and similar amounts paid (Part IX, column (A), lines 1-3) 0. 875 000. 114 Benefits paid to or for members (Part IX, column (A), line 4) 0. 0.15 'Salaries, other compensation, employee benefits (Part IX, column (A), lines.5-10) 1 549 786. 2 274 352.16a Professional fundraising fees (Part IX, column (A), line 1 1 e) . 206 187. 532 313.

b Total fundraising expenses (Part IX, column (D), line 25) )· 786,509. 117 Other expenses (Part IX, column (A),lineslla·lld, 1lf-24e) . _ 512 163. 1 328 321.18 Total expenses. Add lines 13-17 (must equal Part IX, column (A),line 25) 2 268 136. 5 009 986. ,19 Revenue less ex enses. Subtract line 18 from line 12 -412 636. -377 986.

Be innin of Current Year End of YearEc3*2 20 Total assets (Part X, line 16) 568 500. 756 494.~ 21 Total liabilities (Part X, line 26) 408 590. 805 435.z2 22 Netassets orfund balances. Subtract line 21 from line 20 ............. 159 910. -48 941. iEadlll Signature Block

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best ot my knowledge and belief, it is !trlie, correct, an plete. Declaration of preparer ther than officer is based on all information of which preparer has any knowled e.

<16 ISign , Sig f o ker Date

Here ~ E SICA MACKLER PRESIDENT ior 0rint name and title

Print/Typt preparer's na Pre rer'G ig a ure Dae Check TINPaid sell-employed Milliti'Preparer Firm's name GELMAN ROSENBERG & FREEDMAN Firm's EIN 52-1392008Use Only Firm's address, 4550 MONTGOMERY AVE SUITE 6 N

BETHESDA MD 20814-2930 Phone no. 301 951-9090 ~Ma the IRS discuss this return with the re arer shown above? see instructibris -. .. -. . yes f-1 No532001 12-16-15 LHA For Paperwork Reduction Act Notice, see the separate instructions. Form 990 (2015)

-1

Form 990 2015 AMERICAN BRIDGE 21ST CENTURY FOUNDATION 27-5278038 Pa e2 •Part Illi tatement of rogram ervice ccomp is ments

Check if Schedule O containsares onse ornotetoan line in this Part Ill .1 Briefly describe the organization's mission:

THE AMERICAN BRIDGE 21ST CENTURY FOUNDATION'S MISSION IS TO COMPAREAND CONTRAST PROGRESSIVE AND CONSERVATIVE SOLUTIONS TO AMERICA'SPUBLIC POLICY CONCERNS AND TO EDUCATE THE AMERICAN PEOPLE AND THENATION'S LEADERS ON THE RESULTS OF THAT RESEARCH.

2 Did the organization undertake any significant program services during th*ear which were not listed onthe prior Form 990 or 990-EZ? OYes DO NoIf "Yes," describe these new services on Schedule 0.

3 Did the organization cease conducting, or make significant changes in how it conducts, any program services?.. 1 Yes 00 NoIf"Yes," describe these changes on Schedule 0.

4 Describe the organization's program service accomplishments for each of its three largest program services, as measured by expenses.Section 501 (c)(3) and 501 (c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, andrevenue, if an, for each ro ram service re orted.

40 (Code: ) (Expenses $ 3,586 , 918 . including grants of $ 875,000. ) (Revenue $ )

THE ORGANIZATION ADVOCATED AND RESEARCHED PROGRESSIVE SOLUTIONS TOAMERICA'S PUBLIC POLICY CONCERNS, AND WORKED TO EDUCATE THE AMERICANPEOPLE AND THE NATION'S LEADERS ON PROGRESSIVE IDEAS.

4b (Code: ) (Expenses $ including gtants of $ ) (Revenue $

4C (Code: ) (Expenses $ including grants of $ ) (Revenue $ )

4d Other program services (Describe in Schedule 0.)Expenses $ including grants of $ Revenue $

4e Total ro ram service ex enses 3,586,918.Form 990 (2015)

53200212-16-15

208461116 745960 00606 2015.04030 AMERICAN BRIDGE 21ST CENTUR 00606 1

Form 990 2015 AMERICAN BRIDGE 21ST CENTURY FOUNDATION 27-5278038 Pa e 31-acti_ A Checklist of Required Schedules

Yes NO1 Is the organizati6n described in section 501 (c)(3) or 4947(a)(1) (other than a private foundation)?

If "Yes," complete Schedule A 1 X2 Is the organization required to complete Schedule 8, Schedule of Contributord? 2 X3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for

pub\\c offc€? If "Yes," complete Schedule C, Part I 3 X4 Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501 (h) election in effect

during the taxyear? If "Yes," complete Schedule C, Part H5 Is the organization a section 501 (c)(4), 501(c)(5), or 501 (c)(6) organization that receives membership dues, assessments, or

similar amounts as defined in Revenue Procedure 98 - 19? /f " Yes, " complete Schedule C, Part Ill 5 X6 Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to

provide advice on the distribution or investment of amounts in such funds or accounts? /f "Yes, " comp/ete Schedule D, Part 1 6 X7 Did the organization receive or hold a conservation easement, including easements to preserve open space,

the environment, historic land areas, or historic structures? /f "Yes, ' comp/ete Schedule D, Part U , 7 X8 Did the organization maintain collections of works of art , historical treasures, or other similar assets? /f " Yes, " complete

Schedule D, Part Ill 8 X9 Did the organization report an amount in Part X, line 21, 6 escrow or custodial account liability, serve as a custodian for

amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services?If "Yes," complete Schedule D, Part IV 9 X

10 Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanentendowments, or quasi -endowments? /f " Yes, " complete Schedule D, Part V 10

11 If the organization's answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIll, IX, or X ..as applicable.

a Didtheorganization reportan amountforland , buildings, and equipment in Part X , line 10?/f " Yes," complete Schedule D,Part VI 1la X

b Did the organization report an amount for investments - other securities in Part X, line 12 that is 5% or more of its totalassets reported in Part X, line 16? M "Yes, ' comp/ete Schedule D, Part V// 1lb X

c Did the organization report an amount for investments - program related in Part X, line 13 that is 5% or more of its totalassets reported in Part X, line 16? /f "Yes/ comp/ete Schedu/e D, Part V/// llc X

d Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported inPartX, \ine 169 If "Yes/ complete Schedule D, Part IX 1ld X

e Didtheorganization reportanamountforotherliabilities in Part X, line 25?/f " Yes," complete Schedule D, Part X 11e Xf Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses

the organization 's liability for uncertain tax positions under FIN 48 (ASC 740)? /f " Yes," complete Schedule D, Part X 1lf X12a Did the organization obtain · separate , independent audited financial statements for the tax year? /f " Yes," complete

Schedule D, Parts XI and XII 12a Xb Was the organization included in consolidated, independent audited financial statements for the tax year?

If 'Yes," and if the organization answered 'No" to line 12a, then completing Schedule D, Parts Xi and Xll is optional l2b X13 Is the organization a school described in section 170(b)(1 )(A)(ii? /f "Yes, " comp/ete Schedu/e E 13 X14a Did the organization maintain an office, employees, or agents outside of the United States? 14a X

b Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business,investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000ormor€? If "Ye© complete Schedule F, Parts l and IV 14b X

15 Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for anyforeign organization? /f "Yes, " comp/efe Schedu/e F, Parts H and 1/ . . 15 X

16 Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance toorforforeign individuals? /f "Yes/ comp/ete Schedu/e F, Parts//land/V _ 16 X

17 Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX,column (A), lines 6 and 11 e? /f "Yes/ comp/ete Schedule G, Part 1 17 X

18 Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIll, lines1cand 8a? /f 'Yes, "complete Schedu/e G, Part # 18 X

19 Did the organization report more than $15,000 of gross income from gaming activities on Part VIll, line 9a? /f "Yes, "com lete Schedule G, Part 111 19 X

Form 990 (2015)

53200312-16-15


Form 990 2015 AMERICAN BRIDGE 21ST CENTURY FOUNDATION 27-5278038 Pa e 4l actil Checklist of Required Schedules (continued)

Yes No20a Did the organization operate one or more hospital facilities? /f "Yes, " comp/ete Schedu/e H 2Oa X

b If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return? 2Ob21 Did the organization report more than $5,000 of grants or other assistance t6 any domestic organization or r,

domestic government on Part IX, column (A), line 1 ? /f "Yes, ' comp/ete Schedu/e 4 Parts / and // 21 X22 Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on

Part IX, column (A),line 2? lf "Yes," comp/ete Schedu»1, Parts /and /// 22 X23 Did the organization answer "Yes" to Part Vll, Section A, line 3,4, or 5 about compensation of the organization's current

and former officers , directors , trustees, key employees , and highest compensated employees? /f " Yes, " completeSchedule J 23 X

24a Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of thelast day of the year , that was issued after December 31 , 2002? /f " Yes, " answer lines 24b through 24d and completeSchedule K. If 'No ", go to line 258 24a X

b Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception? 24bc Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease

any tax-exempt bonds? 24cd Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year? 24d

25a Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefittransaction with a disqualified person during the year'? If "Yes," complete Schedule L, Part I 25a X

b Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, andthat the transaction has not been reported on any of the organization 's prior Forms 990 or 990- EZ? M " Yes, ' completeSchedule L, Part I 25b X

26 Did the organization report any amount on Part X, line 5,6, or 22 for receivables from or payables to any current orformer officers, directors, trustees, key employees, highest compensated employees, or disqualified persons? /f "Yes, "complete Schedule L, Part Il 26 X

27 Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantialcontributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family memberof any of these persons? /f "Yes, » comp/ete Schedu/e L, Part /U 27 X

28 Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV ..instructions for applicable filing thresholds, conditions, and exceptions):

a A current or former officer, director, trustee, or key employee? if "Yes, " comp/ete Schedu/e L, Part /V 28a Xb A family member of a current or former officer, director, trustee , or key employee? /f 'Yes, " complete Schedule L, Part IV 28b Xc An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer,

director, trustee, or direct or indirect owner? /f "Yes, ' comp/ete Schedule L, Part /V 28c X29 Did the organization receive more than $25 , 000 in non -cash contributions? /f " Yes, " complete Schedule M 29 X30 Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation

contributions? /f "Yes, " comp/ete Schedu/e M 30 X31 Did the organization liquidate, terminate, or dissolve and cease operations?

If 'Yes; complete Schedule N, Part 1 31 X32 Did the organization sell , exchange, dispose of , or transfer more than 25% of its net assets?/f " Yes, " complete

Schedule N, Part It 32 X33 Did the organization own 100% of an entity disregarded as separate from the organization under Regulations

sections 301.7701 -2 and 301.7701-3? M "Yes, " comp/ete Schedule R, Part / 33 X34 Was the organization related to any tax-exempt or taxable entity? /f "Yes, " comp/ete Schedu/e /1 Part /4 //4 or /K and

Part V, line 1 34 X35a Did the organization have a controlled entity within the meaning of section 512(b)(13)? 35a X

b If "Yes" to line 358, did the organization receive any payment from or engage in any transaction with a controlled entitywithin the meaning of section 512(b)(13)? /f "Yes," comp/ete Schedule R, Part V, line 2 35b

36 Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization?If "Yes," complete Schedule R, Part V, line 2 36 N/

37 Did the organization conduct more than 5% of its activities through an entity that is not a related organizationand that is treated as a partnership for federal income tax purposes? /f 'Yes, " comp/ete Schedule R, Part V/ 37 X

38 Did the organization complete Schedule 0 and provide explanations in Schedule 0 for Part VI, lines 1lb and 19?Note. All Form 990 filers are r uired to com lete Schedule O .... 38 X

Form 990 (2015)

53200412-16-15


Form 990 2015 AMERICAN BRIDGE 21ST CENTURY FOUNDATION 27-5278038 Pa e 5art Statements Regarding Other IRS Filings and Tax Compliance

Check if Schedule O contains a response or note to any line in this Part V 1-1Yes No

la Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable la 1 2b Enter the number of Forms W-2G included in line 1 a. Enter -0- if not applicable 10 0 ~c Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming

(gambling) winnings to prize winners? 1c X2a Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements,

filed for the calendar year ending with or within the year covered by this return 22 0b If at least one is reported on line 2a, did the organization file all required federal employment tax returns? 2b

Note. If the sum of lines 1 a and 2a is greater than 250 , you may be required to e-file (see instructions)3a Did the organization have unrelated business gross income of $1,000 or more during the year? 3a X

b If "Yes," has it filed a Form 990-T for this year? /f "No, " to line 34 provide an exp/anation in Schedu/e O 3b4a At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a

financial account in a foreign country (such as a bank account, securities account, or other financial account)? . 4a Xb If "Yes/' enter the name of the foreign country: *

See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). 2-1Sa Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? Sa

b Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction? Sb Xc If "Yes," to line 5a or 5b, did the organization file Form 8886-T? Sc

6a Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicitany contributions that were not tax deductible as charitable contributions? 6a X

b If "Yes," did the organization include with every solicitation an express statement that such contributions or giftswere not tax deductible? 6b X

7 Organizations that may receive deductible contributions under section 170(c). N/Aa Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? 7ab If "Yes," did the organization notify the donor of the value of the goods or services provided? 7bc Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required

to file Form 8282? 7cd If "Yes," indicate the number of Forms 8282 filed during the year 7de Did the organization receive any funds, directly or indirectly , to pay premiums on a personal benefit . contract? 7ef Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? 7fg If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? 7h If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? 7h

8 Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the N/Asponsoring organization have excess business holdings at any time during the year? 8

9 Sponsoring organizations maintaining donor advised funds.a Did the sponsoring organization make any taxable distributions under section 4966? .. N/A 9ab Did the sponsoring organization make a distribution to a donor, donor advisor, or related person? N/A 9b

10 Section 501(c)(7) organizations. Enter:a Initiation fees and capital contributions included on Part VIll, line 12 N/A 10ab Gross receipts, included on Form 990, Part Vill, line 12, for public use of club facilities 1Ob

11 Section 501(c)(12) organizations. Enter:a Gross income from members or shareholders N/A 1 lab Gross income from other sources (Do not net amounts due or paid to other sources against

amounts due or received from them.) 11b12a Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041 ? 12a

b If 'Yes," enter the amount of tax-exempt interest received or accrued during the year N/A. 12b13 Section 501(c)(29) qualified nonprofit health insurance issuers.

a Is the organization licensed to issue qualified health plans in more than one state? N/A 13aNote. See the instructions for additional information the organization must report on Schedule O.

b Enter the amount of reserves the organization is required to maintain by the states in which theorganization is licensed to issue qualified health plans 13b

c Enter the amount of reserves on hand 13c14a Did the organization receive any payments for indoor tanning services during the tax year'? 14a

b If "Yes " has it filed a Form 720 to re ort these a ments? /f "No, " rovide an ex /anation in Schedu/e O . 14bForm 990 (2015)

53200512-16-15


Form 990 2015 AMERICAN BRIDGE 21ST CENTURY FOUNDATION 27-5278038 Pa e6 -art Governance, Management, and Disclosure For each " Yes " response to lines 2 through 7b below, and for a 'No' response

to line 8a, Bb, or 10b below, describe the circumstances, processes, or changes in.Schedule O. See instructions.

Check if Schedule O contains a res onse ornote toan line in this Part\/1 ................................................................................. DOSection A. Governing Body and Management

Yes Nola Enter the number ofvoting members ofthe governing body at the end of the tax year ... . la 4

If there are material differences in voting rights among members of the governing body, or if the governingbody delegated broad authority to an e»ecutive committee or similar committee, explain in Schedule 0.

b Enter the number of voting members included in line 1 a, above, who are independent lb 32 Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other

officer, director, trustee, orkey employee? . 2 X3 Did the organization delegate control over management duties customarily performed by or under the direct supervision

of officers, directors, or trustees, or key employees to a management company or other person? 3 X4 Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? 4 X5 Did the organization become aware during the year of a significant diversion of the organization's assets? 5 X6 Did the organization have members or stockholders? . 6 X7a Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or

more members of the governing body? 7a Xb Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or

persons other than the governing body? .. . 7b X8 Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following: _3

a The governing body? 8a Xb Each committee with authority to act on behalf of the governing body? 8b X

9 Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at theor anization's mailin address? /f "Yes, " rovide the names and addresses in Schedu/e 0 9 X

SeCtion B. POUCieS (This Section B requests information about policies not required by the Internal Revenue Code.)Yes No

10a Did the organization have local chapters, branches, or affiliates? 1Oa Xb If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates,

and branches toensuretheiroperations areconsistent with the organization's exempt purposes? ....... ... . 1001 la Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? 1la X

b Describe in Schedule O the process, if any, used by the organization to review this Form 990. -3128 Did the organization have a written conflict of interest policy? /f " No, " go to line 13 12a X

b Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? 12b Xc Did the organization regularly and consistently monitor and enforce compliance with the policy? /f " Yes, " describe

in Schedule 0-how this was done 12c X13 Did the organization have a written whistleblower policy? 13 X14 Did the organization have a written document retention and destruction policy? . 14 X15 Did the process for determining compensation of the following persons include a review and approval by independent ....I-/.I- --1persons, comparability data, and contemporaneous substantiation of the deliberation and decision?

a The organization's CEO, Executive Director, or top management official 15a Xb Other officers or key employees of the organization 15b X

If "Yes" to line 158 or 15b, describe the process in Schedule 0 (see instructions).16a Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a

taxable entity during the year? 16ab If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation -3in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization's

exem t status with res ect to such arran ements? _ 16bSection C. Disclosure17 List the states with which a copy of this Form 990 is required to be filed )•CA, NY, FL, VA18 Section 6104 requires an organization to make its Forms 1023 (or 1024 if applicable), 990, and 990-T (Section 501 (c)(3)s only) available

for public inspection. Indicate how you made these available. Check all that apply.~ Own website ~ Another's website ~ Upon request ~Other (explain in Schedule 0)

19 Describe in Schedule 0 whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financialstatements available to the public during the tax year.

20 State the name, address, and telephone number of the person who possesses the organization's books and records:,JESSICA MACKLER - (202)747-2060

532006 12-16-15 Form 990 (2015)6


Form 990 2015 AMERICAN BRIDGE 21ST CENTURY FOUNDATION 27-5278038 Pa e 7art Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated

Employees, and Independent ContractorsCheck if Schedule O containsa response ornotetoany line in this Part VII .. ....................... ... .. |~~|

Section A. Officers, Directors, Trustees, Key Em lo ees, and Hi hest Compensated Em loyeesla Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization'% tax year.

• List all of the organization's current officers, directors, trustees (whether individuals or organizations), regardless of amount of compensation.Enter -0- in columns (D), (E), and (F) if no compensation was paid.

• List all of the organization's current key employees, if any. See iMstructions for definition of "key employee."• List the organization's five current highest compensated employees (other than an officer, director, trustee, or key employee) who received report-

able compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the organization and any related organizations.• List all of the organization's former officers, key employees, and highest compensated employees who received more than $100,000 of

reportable compensation from the organization and any related organizations.• List all of the organization's former directors or trustees that received, in the capacity as a former director or trustee of the organization,

more than $10,000 of reportable compensation from the organization and any related organizations.List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest compensated employees;and former such persons.~ Check this box if neither the or anization nor an related or anization com ensated an current officer, director, or trustee.

(A) (B) (C) (D) (E) (F)PositionName and Title Average (do not check more than one Reportable Reportable Estimated

hours per box, unless person is both an compensation compensation amount ofweek officer and a director/trustee) from from related other

(list any ~ the organizations compensationhours for 5 organization 1-2/1099-MISC) from therelated @ * 0 (W-2/1099-MISC) organization

2organizations = - 4 E and relatedbelow , 2 8 1 ** R organizationsline)

(1) DAVID BROCK 10.00CHAIR XX 63,125. 0. 0.(2) TED TRIMPA 1.00SECRETARY X X 0. 0. 0.(3) DAVID BENNAHUM 1.00TREASURER X X 0. 0. 0.(4) MICHAEL KEMPNER 1.00DIRECTOR X

(5) JESSICA MACKLER 35.00PRESIDENT (BEGAN JUNE 2015) 73,125. 0. 4,955.

(6) WILSON WOODHOUSE 35.00PRESIDENT (UNTIL MAY 2015) X 30,938. 0. 79.(7) EDDIE VALE 35.00VICE PRESIDENT X 56,875. 0. 3,308.

(8) PILAR MARTINEZ 35.00CFO (UNTIL AUG. 2015) X 24,452. 0. 3,929.

532007 12-16-15 Form 990 (2015)7


.

Form 990 2015 AMERICAN BRIDGE 21ST CENTURY FOUNDATION 27-5278038 Page 8art Section A. Officers, Directors, Trustees, Key Em loyees, and Hi hest Compensated Emplo ees (continued)

(A) (B) (C) (D) (E) (F)Name and title Average Position Reportable Reportable Estimated(do not check more than onehours per box, unless person is both an compensation compensation . amount of

week officer and a director/trustee) from from related other(list any w " the organizations compensation

hours for 5 9rganization (W-2/1099-MISC) from therelated 3 * (W-2/1099-MISC) organization

organizations 2 4% il S and relatedbelow 3 == - 5 *S z organizationsline) s=55062

1b Sub-total 248,515. 0. 12,271.c Total from continuation sheets to Part VII, Section Ad Total add lines 1b and ic 248 , 515. 0. 12,271.

2 T6tal number of individuals (including bot not limited to those listed above) who received more than $100,000 of reportablecom ensation from the or anization 1

Yes No3 Did the organization list any former officer, director, or trustee, key employee, or highest compensated employee on _1_1

rine la'? If "Yes," complete Schedule J for such individual 3 X4 For any individual listed on line 1 a, is the sum of reportable compensation and other compensation from the organization ., --'- 1

and related organizations greater than $150,000? /f "Yes, " comp/ete Schedu/e J for such individua/ 4 X5 Did any person listed on line 1 a receive or accrue compensation from any unrelated organization or individual for services , _11

rendered to the or anization? /f " Yes, " com lete Schedule J for such erson . 5 XSection B. Independent Contractors1 Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from

the or anization. Re ort com ensation for the calendar ear endin with or within the or anization's tax ear.(A) (B) (C)

Name and business address Description of services CompensationBONNER GROUP, 455 MASSACHUSETTS AVE NW, UNDRAISINGSUITE 640, WASHINGTON, DC 20001 ONSULTANT 532,313.READY PACP.O. BOX 7705, MCLEAN, VA 22106 IST RENTAL 150,000.

2 Total number of independent contractors (including but not limited to those listed above) who received more than$100 000 of com ensation from the or anization 2

Form 990 (2015)53200812-16-15


form 999._(20151 ___ ' AMERICAN BRIDGE 21ST CENTURY FOUNDATI ON 27-5278038 Page 91}Part*Militl Statement of Revenue

« Check if Schedule O contains a res onse or note'to an line In this Part Vill

;,41,/i,FR' 2-_" '«-' ~'-- 33iltrM1$A'-,r~-W-3,'~I~#WAU~~M~~,~.',1.-..- --1 ,+w +41~'1- . + _ 4 FF~i24,~*r Total revenue Related or Unrelated Revenu excluded -1+~ 4.,-'-'2 "5,4'4*ir-,**--944-4.izit- I..„-,411.~r·_r.722+STE=*3.14» r.t· #*2·fr., -T;u from tax under- PSfES*t"4~"4~,-9,flj„'-'~«*'.-6»lad"4·,'1 0 .Alk-,n~A-e ~--•I. -,_,R ~f,,1-, exempt function business

11,5,7,4~ct-k. 1*"='@13„*.#4„1~:8"*f·%.4,+ t-~.1~,F~6-n '4.,~44$ r#~'%~ .~.f~-,6.d*f revenue revenue 512-514- -:4 b

fCC 411 1. . Il : ',....|m 0 ' 4 . ,· 1, '.1 1. p , 5 / 'L'. 4Lv 6'·.5- i.,1+ '4,- -1;b o b Membership dues 1b

0< c Fundraising events · 1c11+

55 e Government grants (contributions) le „ ~,-~.„#,2 r. , *., 54#,41-4. ZE:tdR]fhif '-,44, x4-,.*-'~ " - -4-L,-, i.247 ~: *1FBYH~, -w'N'«- 'i~*-dt Gte , ,]r,61*-ft$-: 9.=i a2 ~ f All other contributions, gifts, grants, and ' . . ADS#64'~ ~ '.#M, s:= ·,4 .

g Noncash contributions included in lines la-lf $ d ,;,41| %6*.~Id,L.4.*,Ii:~7 ~*~~~i~,Iyl-11:Sj< ~s-11,>g_iti~st »STff0 ~ h Total.Add lines la-1 fd ·»'t=*Efj,7: A.'14**u~,Prs -*API>E:ty: m.£Aios -. .74 -=-" - "---·' " ·· ·- ·- - + n

2ab

Oth

er R

even

ue

· Pr

o~ra

m S

ervi

ceev

enue

« sections .

'

£ -.-9

-~-ImL.-~-~~-61L~.U.2wa:|2-, <32,000. %:Si]*i?_i{~Stit %3#%601*B] f'h »fl~ir' ttr[~,~-~,;f''l~~ti~·usiness Co ,#,Ii,&*RE&:.22%2 -v:4:*..n.erre:,~L 21='23'fit.rA:1,1~!~4:i:*rAI~Y.Er~*:i

C

def All other program service revenue

6-wl U-12 ii.1.L=-41 : 145-ti-,r#--Rr-- „r' 11 ..M A,'- 6:7 2'Y~~,i)Total. Add lines 2a-2f - 11-<_ctift- 46.2.-bi,- 144 -4 1~06p<-4. 11!P;AD,-:*'1,-,i<-43 Investment income (including dividends, interest, and

other similar amounts) · ~ 4 '4 Income from investment of tax-exempt bond proceeds 45 Royalties ' ~

i Real 11 Personal 41:k««55 %*8»S 5%9»4 *jit~1'~1~*d'-1--~'16 a Gross rentsb Less rentalexpenses «NES *f~*59 3.11,i~:, p~'~pjtti·*~**„ts,1

itiou-2-1.1.~*Sfk *** **31c- Rental income or (loss)d Net rental income or (loss) · 4

7 a Gross amount from hales of : Securities . ii Other S«»_fR) *RSI:]P, **%4 11-.,'~,~'~,~r~~~~,~2~,~-assets other than inventory S15*f --'"F"~45 {3 ff]~%%ie,)~ 3Sit))<MI44:_ff*i»j,%*5b Less cost or other basis :31 %~ ·, Fre#4,%1 . , 11",Ai; ·· 4, 904*44-4 4.-74

/4*/pr_WE #& 1469&04#0 4'14*99**t "*3»Ef!'IN-'4

- 1'- k

1

and sales expenses '*5*Y~d~t*}1%~9 r-: "I,,< 1. ~,~~~~4 f~k*~.~~<~ ~~f~ , ~~e,~,:*.3_%,IFIL<„c Gain or(loss)d Net gain or (loss) I

gr-7 17'ril •,8. a Gross income from fundraising eyents (not :B**2-,446'K{,hor Y«5*fl]R~ iAR~*Sk.~,~,.~~:4* S,»ti#.~%3N -

including $ of 96'1. IF-"':mi.-91-.~. Iit A--4.143'».,14:T 'ti,~-y*{.4:*r'24,LA , fvg'-5$*di~:4,9

Part IV, line 18 , a Ii:,4,Aq.F·F -.92-*- "lt Yj*P;Jt::,74' -124<'rt _ip-1-2-42 -Ir:5:L -1/r,!r -.4#3W,1 j--,1 .14.1•'.'1

c Net income or (loss) from fundraising events I, Ar,Xmt:JIJ'~!i+4-41iatt9 a Gross income from gaming activities. See "4£40.4*; ViRTi'TM *~42,If*'f'·-Ji'J,F~;: .1 1'~RIAT"WA' #4 rk:,4,1.."tall'*k'.,4-Z,

b Less direct expenses b ' '*" (12,1:1-'1,2,,;:i«f, y 'A~Lf,.~-~I '212'43 'Ar f'.'-1.:~'~~~45'4£,1c Net Income or (loss) from gaming activities *

10 a Gross sales of inventory, less returns :In'. ll»,t, 1,1#Y,ta:r **1;'~111'#4*RANK#Re~:*whwHit%~F.~~tand allowances . a , *St:11*#.~~ft{ *0*41!6: 51©1*1$4~A .~b.~19.4~~Fil~thb Less cost of goods sold b . 14,.~,~,P~~'~~~4~~,~-".1 4-4:4dit'~1],:fUMj,7,:.G K~424~~~..'1~,~,jZ, 15,~.4~.iRF, ,~it'J*c Net income or loss from sales of invento

Miscellaneous Revenue usiness Code n'%7'5' ir,~.' 32~ 16''Ij 5)'*"R*'S %4* .ig.91'thiltif-iti~Vir 1~,94*- 2*4,1.bAT411 a

bC

d All other revenue «e Total. Add lines 11 8-11d 4 ' *3~fi,fdr~K@S. *5!'#'**4*:141 *>jf_#ft'~"~~J~~

12 Total revenue. See Instructions. . 4 ,632,000. 0. 0. 0.

Form 990 (2015)532009 12-16-15

908461116 745960 00606 · - 2015.04030 AMERICAN BRIDGE 21ST CENTUR 00606 1

Form 990 2015 AMERICAN BRIDGE 21ST CENTURY FOUNDATION 27-5278038 Pa e 10art · Statement of Functional Expenses

Section 501(c)(3) and 501 (c)(4) organizations must complete all columns. All other organizations must complete column (A).

Check if Schedule O contains a res onse ornotetoan line inthis Part IXDo not include amounts reported on lines 6b, Total expenses Program service Management and Fun raising '7b, 8b, 9b, and 1 Ob of Part VIll. expenses general expenses expenses1 Grants and other assistance to domestic organizations . I-,4 -,fil

and domestic governments. See Part IV, line 21 875,000. 875,000. i t. *11, .:4.#1 1.M,f:4' .!i i,h~11.#plft'~!·**,!!11*2 Grants and othor assistance to domestic 1}S.L ~4,#lf„.-%«1,1 'ji{AFF{ts>1individuals. See Part IV, line 22

3 Grants and other assistance to foreignorganizations, foreign governments, and foreignindividuals. See Part IV, lines 15 and 16 . . *5 ····t.,4 a „ , t' E '1~ , « 14*1~t . ~ ,v

4 Benefits paid to or for members 1' 4, JI!61.~ .XF P:·· *.~. '· 41 :f.# i», 4 45 .~1~~1115 Compensation of current officers, directors,

trustees, and key employees 260,786. 185,446. 75,340.6 Compensation not included above, to disqualified

persons (as defined under section 4958(f)(1)) andpersons described in section 4958(c)(3)(B)

7 Other salaries and wages 1,762,086. 1,511,677. 250,409.8 Pension plan accruals and contributions (include

section 401(k) and 403(b) emplo'yer contributions)9 Other employee benefits 97,150. 88,937. 8,213.

10 Payroll taxes 154,330. 132,703. 21,627.11 Fees for services (non-employees):

a Managementb Legal 74,726. 74,726.c Accounting 39,897. 39,897.d Lobbying

.4%'4-1 «:04»'·75::f.*44 j 532,313.e Professional fundraising services. See Part IV, line 17 532,313. :4*,0-,-- .4..31«#14&1 ·1*Wh£ 8f Investment management feesg Other. (If line 11g amourit ixceeds 10% of line 25,

column (A) amount, list line 11g expenses on Sch 0.) 528,302. 456,063. 72,239.12 Advertising and promotion 51,289. 51,289.13 Office expenses 26,061. 370. 25,606. 85.14 Information technology 3,787. 3,385. 402.15 Royalties 150,000. 150,000.16 Occupancy 66,996. 6,696. 60,300.17 Travel .. 63,385. 63,385.18 Payments of travel or entertainment expenses

for any federal, state, or local public officials19 Conferences, conventions, and meetings 7,121. 7,121.20 Interest .......21 Payments to affiliates22 Depreciation, depletion, and amortization 61,614. 61,614.23 Insurance ,........ 8,877. 8,877.

24e amount exceeds 10% of line 25, column (A)amount, list line 24e expenses on Schedule 0.) w *~6~~.*~es:Ii-it 43_'ijj~8~13~t.%9,%1 {fl~~*~il#;.Vt,f:.1~ :1:~~ .:~.affi /w#~:

a DEVELOPMENT 179,932. -1,940. 181,872.b SUBSCRIPTIONS 52,094. 52,094.c PAYROLL SERVICES 7,792. 7,792.d KOCH DOCUMENTARY 4,725. 4,725.e All other expenses 1,723. -33. 1,756.

25 Total functional expenses. Add lines 1 through 24e 5,009,986. 3,586,918. 636,559. 786,509.26 Joint costs. Complete this line only if the organization

reported in column (B) joint costs from a combinededucational campaign and fundraising solicitation.Check here if following SOP 98-2 (ASC 958-720)

532010 12-16-15 Form 990 (2015)10


Form 990 2015 AMERICAN BRIDGE 2~ST CENTURY FOUNDATION 27-5278038 Pa ellAPa**5 Balance heet

Check if Schedule O contains a res onse or note to an line in this Part X(A) (B)

Beginning of year End of year

1 Cash - non-interest-bearing '«409,267. 1 21,537.2 Savings and temporary cash investments 23 Pledges and grant&receivable, net 34 Accounts receivable, net 45 Loans and other receivables from current and former officers, directors, :jf~bj:,i[,t!,fi,j{3':.2{$~{': -~t]f ]~>5]{3-i~!fi{~5-j·F:i]}'Jtrustees, key employees, and highest compensated employees. Complete 92«.U,Pit#-.Lk., f-«·1 _1.#1 -'Mut..1-Ma

Part 11 of Schedule L 56 Loans and other receivables from other disqualified persons (as defined under S-ip: +' di, pi-.4-*_-~4-_i-,, :-yf.:-_f» _j, - -_l,S--.ff=-:

section 4958(f)(1)), persons described insection 4958(c)(3)(B), and contributing -2 ' S --41-1 S 11.3*'_ES~ 2- - -- , -,- - U. :1----= -SE~£2employer5 and sponsoring organizations of section 501 (c)(9) voluntary r._ ~- '~--,1 -~ --+ --- -=- 1'·11__ 1., 3 -T, ---rk

Net

Ass

ets

or F

und

Bala

nces

Liab

ties

Asse

ts employees' beneficiary organizations (see instr). Complete Part 11 of Sch L 67 Notes and loans receivable, net 78 Inventories for sale or use 89 Prepaid expenses and deferred charges 9

10a Land, buildings, and equipment: cost or otherbasis. Complete Part vi of Schedule D loa

b Less: accumulated depreciation 1Ob 229,460. 152,573. 10c 117,497.11 Investments - publicly traded securities 1112 Investments - other securities. See Part IV, line 11. 1213 Investments - program-related. See Part IV, line 11 1314 Intangible assets · 1415 Other assets. See Part IV, line 11 6, 660. 15 617,460.16 Total assets. Add lines 1 throu h 15 must e ual line 34 568,500. 16 756,494.17 Accounts payable and accrued expenses 369; 705. 17 220,435.18 Grants payable · 18

19 Deferred revenue - 19 85,000.

20 Tax-exempt bond liabilities 2021 Escrow or custodial account liability. Complete Part IV of Schedule D 2122 Loans and other payables to current and former officers, directors, trustees, .ti ,''~1/b " fi-:rit ~ '5 :=-TEAr v/:6~ t,L /*/4'0*i --ES"I-'It 94

key employees, highest compensated employees, and disqualified persons. -w.,-,SH'*~--, ':2~01'Ta - 1-, S l,ir Ir Sp' .2,-*,Ip. 1,-IJ .: 5-121Complete Part 11 of Schedule L 22

23 Secured mortgages and notes payable to unrelated third parties... 2324 Unsecured notes and loans payable to unrelated third parties 24 500,000:25 Other liabilities (including federal income tax, payables to related third

parties, and other liabilities not included on lines 17-24). Complete Part X ofSchedule D 38,885. 25 '

26 Total liabilities. Add lines 17 throu h 25 408,590. 26 805,435.Organizations that follow SFAS 117 (ASC 958), check here ~, and 4' 1 - 'Arc'4,71; 1 42 ' -A ='-- 1 „ ,'~1' ,%3 ,.i~'br„ :A, 4

completelines 27through 29, and lines 33 and 34.27 Unrestricted net assets . . . . 159,910. 27 -48,941.28 Temporarily restricted net assets 2829 Permanently restricted net assets · 29

Organizations that do not follow SFAS~1'117~(~SC-958),~check~here~~1)·~~ fs? if { t]~~ ~''li~- f ~©iti ji~*' j_Sfff{f'-] 5-]f jand complete lines 30 through 34.

30 Capital stock or trust principal, or current funds 3031 Paid-in or capital surplus, or land, building, or equipment fund 31

Retained earnings, endowment, accumulated income,-or other funds 32Total net assets or fund balances 159,910. 33 -48,941.Total liabilities and net assets/fund balances 568,500. 34 756,494.

Form 990 (2015)

53201112-16-15


Form 990 2015 AMERICAN BRIDGE 21ST CENTURY FOUNDATION 27-5278038 Pa e 12LIZartfXI! Reconciliation of Net Assets

Check if Schedule O contains a res onse or note to an line in this Part XI

1 Total revenue (must equal Part VIll, column (A), line 12) 1 4,632,000.2 Total expenses (must equal Part IX, column (4 line 25) 5,009,986·

3 Revenue less expenses. Subtract line 2 from line 1 3 -377,986.4 Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) 4 159,910.5 Net unrealized gains (losses) on investments 56 Donated services and use of facilities 67 Investment expenses 78 Prior period adjustments 8 169,135.9 Other changes in net assets or fund balances (explain in Schedule 0) 9 0·

10 Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33,column B 10 -48,941.

[Partf I Financial Statements and ReportingCheck if Schedule O contains a res onse or note to an line in this Part XII

Yes No

1 Accounting method used to prepare the Form 990: ~ Cash ~ Accrual ~ OtherIf the organization changed its method of accounting from a prior year or checked "Other," explain in Schedule 0. lI,

2a Were the organization's financial statements compiled or reviewed by an independent accountant?If "Yes," check a box below to indicate whether the financial statements for the year were compiled or reviewed on aseparate basis, consolidated basis, or both:Q Separate basis ~ Consolidated basis ~ Both consolidated and separate basis

b Were the organization's financial statements audited by an independent accountant? 2b XIf "Yes," check a box below to indicate whether the financial statements for the year were audited on a separate basis,consolidated basis, or both:00 Separate basis ~ Consolidated basis ~ Both consolidated and separate basis

c If "Yes" to line 28 or 2b, does the organization have a committee that assumes responsibility for oversight of the audit,

review, or compilation of its financial statements and selection of an independent accountant? 2c XIf the organization changed either its oversight process or selection process during the tax year, explain in Schedule 0.

3a As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single AuditAct and OMB Circular A-133? 3a X

b If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required auditor audits ex lain wh in Schedule 0 and describe an ste s taken to under o such audits 3b

Form 990 (2015)

53201212-16-15


SCHEDULE C Political Campaign and Lobbying Activities OMB No. 1545-0047

(Form 990 or 990-EZ)For Organizations Exempt From Income Tax Under section 501(c) and section 527 2015

~ Complete if the organization is described below. I Attach to Form 990 or Form 990-EZ. ~Department of the Treasury IOPenito Puk[LciInternal Revenue Service I Information about Schedule C ( Form 990 or 990 -EZ ) and its instructions is at www.irs.gov/form990. Iinspect'jinlllIf the organization answered "Yes," on Form 990, Part IV, line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then• Section 501 (c)(3) organizations: Complete Parts 1-A and B. Do not complete Part 1-C.• Section~501 (c) (other than section 501(c)(3)) organizations: Complete Parts IA and C below. Do not complete Part 1-B.• Section 527 organizations: Completd Part 1-A only.

If the organization answered "Yes," on Form 990, Part IV, line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then• Section 501 (c)(3) organizations that have filed Form 5768 (election under section 501 (h)): Complete Part IIA. Do not complete Part ll-B.• Section 501 (c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)) Complete Part ll-B. Do not complete Part IIA.

If the organization answered "Yes," on Form 990, Part IV, line 5 (Proxy Tax) (see separate instructions) or Form 990-EZ, Part V, line 35c (ProxyTax) (see separate instructions), then

• Section 501 c 4 5 or 6 or anizations: Com lete Part 111.Name of organization Employer identification number

AMERICAN BRIDGE 21ST CENTURY FOUNDATION 27-5278038omp ete it e organization ts exempt un er section 5 c or is a section 7 organization.

1 Provide a description of the organization's direct and indirect political campaign activities in Part IV.2 Political expenditures ,$ 412,866.3 Volunteer hours 0 •

EartiliB] Complete if the organization is exempt under section 501(c)(3).1 Enter the amount of any excise tax incurred by the organization under section 4955 ,$2 Enter the amount of any excise tax incurred by organization managers under section 4955 ,$3 If the organization incurred a section 4955 tax, did it file Form 4720 for this year? Yes IN04a Was a correction made? £ Yes ~ No

b If "Yes," describe in Part IV.UalL omp ete, t e organization,s exempt un er section c, except section c

1 Enter the amount directly expended by the filing organization for section 527 exempt function activities ,$ -337,866.2 Enter the amount of the filing organization's funds contributed to other organizations for section 527

exempt function activities ,$ 75,000.3 Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL,

line 17b ,$ 412,866.4 Did the filing organization file Form 1120-POL for this year? Yes N05 Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing organization

made payments. For each organization listed, enter the amount paid from the filing organization's funds. Also enter the amount of politicalcontributions received that were promptly and directly delivared to a separate political organization, such as a separate segregated fund or apolitical action committee (PAC). If additional space is needed, provide information in Part IV.

(a) Name (b) Address (c) El N (d) Amount paid from (e) Amount of politicalfiling organization's contributions received and

funds. If none, enter -0-. promptly and directlydelivered to a separatepolitical organization.

If none, enter -0-.

.0. BOX 382175IVOTE, INC. AMBRIDGE, MA 022 42-2919706 75,000. 0

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule C (Form 990 or 990-EZ) 2015LHA53204110-05-15


Schedule C Form 990 or 990- 2015 AMERICAN BRIDGE 21ST CENTURY FOUNDATION 27-5278038 pa e2 -a - omp ete l t e organization is exempt un er section c an le orm e ection un er

section 501 (h».A Check I" if the filing organization belongs to an affiliated group (and list in Part IV each affiliated group member's name, address, EIN,

expenses, and share of excess lobbying expenditures).B Check 4 ~ if the filin or anization checked box A and "limited control" revisions a I .

(a) Filing (b) Affiliated groupLimits on Lobbying Expenditures organization's totals(The term "expenditures" means amounts paid or incurred.) totals

1 a Total lobbying expenditures to influence public opinion (grass roots lobbying)b Total lobbying expenditures to influence a legislative body (direct lobbying)c Total lobbying expenditures (add lines l a and 1 b)d Other exempt purpose expenditurese Total exempt purpose expenditures (add lines 1 c and 1 d)f Lobb in nontaxable amount. Enter the amount from the followin table in both columns.

If the amount on line le, column (a) or (b) is: The lobb in nontaxable amount is:Not over $500,000 20% of the amount on line 1 e.Over $500,000 but not over $1,000,000 $100,000 lus 15% of the excess over $500,000.Over $1,000,000 but not over $1,500,000 $175,000 lus 10% of the excess over $1,000,000Over $1,500,000 but not over $1 7,000,000 $225,000 lus 5% of the excess over $1,500,000.Over $17,000 000 $1,000,000.

g Grassroots nontaxable amount (enter 25% of line 1 f)h Subtract line 1 g from line 1 a. If zero or less, enter -0-i Subtract line lf from line lc. If zero or less, enter -0-j If there is ah amount other than zero on ekher line 1 h or line 1 i, did the organization file Form 4720

re ortin section 4911 tax for this ear? .............,...........__ _____,____,________ ~ Yes EEJ No4-Year Averaging Period Under section 501(h)

(Some organizations that made a section 501(h) election do not have to complete all of the five columns below.See the separate instructions for lines 2a through 2f.)

Lobbying Expenditures During 4-Year Averaging Period

Calendar year (a) 2012 (b) 2013 (c) 2014 (d) 2015 (e) Total(or fiscal year beginning in)

2a Lobb in nontaxable amountb Lobbying ceiling amount

(150% of line 2a, column(e))

c Total lobb in ex enditures

d Grassroots nontaxable amounte Grassroots ceiling amount

(150% of line 2d, column (e))

f Grassroots lobb in ex endituresSchedule C (Form 990 or 990-EZ) 2015

53204210-05-15


Schedule C Form 990 or 990- 205 AMERICAN BRIDGE 21ST CENTURY FOUNDATION 27-5278038 Pa e3a - omp ete, t e organization is exempt un er section c an as ie orm

(election under section 501 (h)).

For each "Yes," response on lines la through 1 i below, provide in Part IV a detailed description (a)

ofthe lobbying activity. - Yes No Amount

1 During the year, did the filing organization attempt to influence foreign, national, state orlocal legislation, including any attempt to influence public opinion on a legislative matteror referendum, through the use of:

a Volunteers?b Paid staff or management (include compensation in expenses reported on lines 1 c through li)?c Media advertisements?d Mailings to members, legislators, or the public?e Publications, or published or broadcast statements?f Grants to other organizations for lobbying purposes?g Direct contact with legislators, their staffs, government officials, or a legislative body?h Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means?i Other activities?j Total. Add lines 1 c through li

2a Did the activities in line 1 cause the organization to be not described in section 501(c)(3)?b if "Yes," enter the amount of any tax incurred under section 4912c If "Yes," enter the amount of any tax incurred by organization managers under section 4912d Ifthe filin or anization incurredasection 4912 tax did itfile Form 4720 for this ear? . . - .1

Part 111-A Complete if the organization is exempt under section 501 (c)(4), section 501(c)(5), or section501 (c)(6).

Yes No

1 Were substantially all (90% or more) dues received nondeductible by members? 12 Did the organization make only in-house lobbying expenditures of $2,000 or less? 23 Did the or anization a ree to ca over lobb in and olitical ex enditures from the rior ear? ...... .................. 3

Part Ill-B Complete if the organization is exempt under section 501(c)(4), section 501 (c)(5), or section501 (c)(6) and if either (a) BOTH Part 111-A, lines 1 and 2, are answered "No," OR (b) Part 111-A, line 3, isanswered "Yes."

1 Dues, assessments and similar amounts from members 12 Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political

expenses for which the section 527(f) tax was paid).a Current year 2ab Carryover from last year 2bc Total 2c

3 Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues 34 If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess

does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and politicalexpenditure next year? .. 4

5 Taxable amount of lobb in and olitical ex enditures see instructions 5Part IV Supplemental Information

Provide the descriptions required for Part 1-A, line 1; Part 1-B, line 4; Part 1-C, line 5; Part 11-A (affiliated group list); Part 11-A, lines 1 and 2 (seeinstructions); and Part ll-B, line 1. Also, complete this part for any additional information.PART I-A, LINE 1:

THE ORGANIZATION ENGAGED IN RESEARCH AND TRACKING OF CANDIDATES FOR

PUBLIC OFFICE.

Schedule C (Form 990 or 990-EZ) 201553204310-05-15


OMB No. 1545-0047SCHEDULE D Supplemental Financial Statements(Form 990) ~ Complete if the organization answered "Yes" on Form 990, 2015Part IV, line 6, 7, 8, 9, 10, 1 la, 1lb, llc, 1ld, 11e, 1 lf, 12a, or 12b.Department of the Treasury ~ Attach to Form 990. IO-penito.EublklInternal Revenue Service Information about Schedule D Form 990 and its instructions is at www. irs.gov/form990. linspectionlName of the organization Employer identification number

AMERICAN BRIDGE 21ST CENTURY FOUNDATION 27-5278038l'Za,:tl'll Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts.Complete if the

organization answered "Yes" on Form 990, Part IV, line 6.(a) Donor advised funds (b) Funds and other accounts

1 Total number at end of year .2 Aggregate value of contributions to (during year)3 Aggregate value of grants from (during year)4 Aggregate value at end of year5 Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds

are the organization's property, subject to the organization's exclusive legal control? . ~ Yes £ No6 Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only

for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferringim ermissible rivate benefit? .... ... . ~ Yes ~ No

Eactilli Conservation Easements. Complete if the organization answered "Yes" on Form 990, Part IV, line 7.1 Purpose(s) of conservation easements held by the organization (check all that apply).

~ Preservation of land for public use (e.g., recreation or educati6n) ~ Preservation of a historically important land area~ Protection of natural habitat j Preservation of a certified historic structure~ Preservation of open space

2 Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the lastday of the tax year. IHeldattheEndoftheTaxYear

a Total number of conservation easements 2ab Total acreage restricted by conservation easements 1-=b-c Number of conservation easements on a certified historic structure included in (a)d Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure -

listed inthe National Register .. |2d|3 Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the tax

year 44 Number of states where property subject to conservation easement is located I5 Does the organization have a written policy regarding the periodic monitoring, inspection, handling of

violations, and enforcement of the conservation easements it holds? ~ Yes U No6 Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year

7 Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year,$

8 Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(8)(i)and section 170(h)(4)(B)(ii)? m Yes ~ No

9 In Part XII 1, describe how the organization reports conservation easements in its revenue and expense statement, and balance sheet, andinclude, if applicable, the text of the footnote to the organization's financial statements that describes the organization's accounting forconservation easements.

LIZartlilli Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.Complete if the organization answered "Yes" on Form 990, Part IV, line 8. -

la If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art,historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII,the text of the footnote to its financial statements that describes these items.

b If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historicaltreasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amountsrelating to these items:(i) Revenue included on Form 990, Part VIll, line 1 ,$(ii) Assets included in Form 990, Part X , $

2 If the organization received or held works of art, historical treasures, or other similar assets for financial gain, providethe following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:

a Revenue included on Form 990, Part VIll, line 1 ,$b Assets included in form 990, Part X ...................................................................................................,.~~* $

LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule D (Form 990) 201553205111-02-15


Schedule D Form 990 2015 AMERICAN BRIDGE 21ST CENTURY FOUNDATION 27-5278038 pae2L-adl ] Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assetsfcontinued)3 Using the organization's acquisition, accession, and other records, check any of the following that are a significant use of its collection items

(check all that apply):~ Public exhibition d ~ Loan or exchange programs

0

0 I

~ Scholarly research w e ~ Other~ Preservation for future generations

4 Provide a description of the organization's collections and explain how they further the organization's exempt purpose in Part XIII.5 During the year, did the organization solicit or receive donations of art, historical treasures, or other similar assets

to be sold to raise funds rather than to be maintained as art of the or anization's collection? ~ Yes Q NoF?artliVi Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or

reported an amount on Form 990, Part X, line 21. -

18 is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not includedon Form 990, Part X? ~ Yes ~ No

b If "Yes," explain the arrangement in Part XIII and complete the following table:1--1----Amount

c Beginning balance 1--icd Additions during the year r-1de Distributions during the year 1--1ef Ending balance n

2a Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? L_2 Yes L_J Nob If "Yes " ex lain the arran ement in Part XIII. Check here if the ex lanation has been rovided on Part XIll El

:PartiVi Endowment Funds. Complete if the organization answered "Yes" on Form 990, Part IV, line 10.(a) Current ear (b) Prior ear (c) Two years back (d) Three years back (e) Four years back

la Beginning of year balanceb Contributions.c Net investment earnings, gains, and lossesd Grants or scholar5hipse Other expenditures for facilities

and programsf Administrative expensesg End of year-balance

2 Provide the estimated percentage of the current year end balance (line 1 g, column (a)) held as:a Board designated or quasi-endowment I %b Permanent endowment ~ %c Temporarily restricted endowment I %

The percentages on lines 2a, 2b, and 2c should equal 100%.3a Are there endowment funds not in the possession of the organization that are held and administered for the organization

by: ~Yes No~~(i) unrelated organizations 3a(i)(ii) related organizations r),-r

b If "Yes" on line 3a(ii), are the related organizations listed as required on Schedule R? 13bl I4 Describe iri Part Xlll the intended uses of the or anization's endowment funds.

JZartiVIi Land, Buildings, and Equipment.Complete if the organization answered "Yes" on Form 990, Part IV, line l la. See Form 990, Part X, line 10.

Description of property (a) Cost or other (b) Cost or other (c) Accumulated (d) Book valuebasis (investment) basis (other) depreciation

la Land /IIIIIIIIIIII"IIIIIIb Buildingsc Leasehold improvementsd Equipmente Other. 346,957. 229,460. 117,497.

Total . Add lines 1 a throu h 1 e. Co/umn must e ual Form 990, Part X, column 8 , line 10c. 117 , 497 .Schedule D (Form 990) 2015

53205209-21-15


Schedule D Form 990 2015 AMERICAN BRIDGE 21ST CENTURY FOUNDATION 27-5278038 pae3Rartlyll Investments - Other Securities.

Complete if the organization answered "Yes" on Form 990, Part IV, line 11 b. See Form 990, Part X, line 12.(a) Description of SeCurity or CategOry (including name of security) (b) Book value (c) Method of valuation: Cost or end-of-year market value

(1) Financial derivatives(2) Closely-held equity interests(3) Other

0

0

0

>

GH

Total. Col. b must equal Form 990, Part X, col. B line 12. I ............................/....i.MM1I.[Radlylll Investments - Program Related.

Com lete if the or anization answered "Yes" on Form 990, Part IV, line 11 c. See Form 990, Part X, line 13.(a) Description of investment (b) Book value (c) Method of valuation: Cost or end-of-year market value

1234(5)(6)(7)89

Total. Col. b must equal Form 990, Part X, col. B line 13. 4'Earti'Xt Other Assets.

Complete if the organization answered "Yes" on Form 990, Part IV, line 11 d. See Form 990, Part X, line 15.(a) Description (b) Book value

i SECURITY DEPOSIT 6,660.2 DUE FROM AMERICAN BRIDGE PAC 610,800.34(5)(6)789

Total. Column b must e ual Form 990, Part 4 col. B line 15. 617 , 460 .liZartpx, Other Liabilities.

Complete if the organization answered "Yes" on Form 990, Part IV, line 11e orllf. See Form 990, Part X, line 25.1. (a) Description of liability (b) Book value

1 Federal income taxes23456

89

Total. (Column (b) must equal Form 990, Part X col. (B) line 25.)2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the

or anization's liabilit for uncertain tax ositions under FIN 48 ASC 740. Check here if the text of the footnote has been rovided in Part XIII WlSchedule D (Form 990) 2015

53205309-21-15


Schedule D Form 990 2015 AMERICAN BRIDGE 21ST CENTURY FOUNDATION 27-5278038 pae4Rart,Xll Reconciliation of Revenue per Audited Financial Statements With Revenue per Return.

Complete if the organization answered "Yes" on Form 990, Part IV, line 12a.1 ·Total revenue, gains, and other support per audited financial statements . 1 4,632,000.2 Amounts included on line 1 but not on Form 990, Part VIll, line 12:

a Net unrealized ghins (losses) on investments 28b Donated 5ervices and use of facilities 2bc Recoveries of prior year grants 2c

d Other (Describe in Part XIII.) 2de Add lines 2a through 2d 2e 0 •

3 Subtract line 2e from line 1 3 4,632,000.

4 Amounts included on Form 990, Part VIll, line 12, but not on line 1:a Investment expenses not included on Form 990, Part Vill, line 7b . 48b Other (Describe in Par-t XIII.) 4bc Add lines 4a and 4b 4€ 0 •

5 Total revenue. Add lines 3 and 4c. his must e ual Form 990, Part l, line 12. __ 5 4 , 632 , 000 .F?art Xiii Reconciliation of Expenses per Audited Financial Statements With Expenses per Return.

Complete if the organization answered "Yes" on Form 990, Part IV, line 12a.1 Total expenses and losses per audited financial statements 1 5, 009,986.2 Amounts included on line 1 but not on Form 990, Part IX, line 25: -a Donated services and use of facilities 2ab Prior year adjustments ..~.. 2bc Other losses 2cd Other (Describe in Part XIII.) 2de Add lines 2a through 2d 2e 0·

3 Subtract line 2e from line 1 5,009,986.4 Amounts included on Form 990, Part IX, line 25, but not on line 1:

a Investment expenses not included on Form 990, Part VIll, line 7b 4ab Other (Describe in Part XIII.) 4bc Add lines 4a and 4b 4c 0 •

5 Total ex enses . Add lines 3 and 4c. his must e ual Form 990, Part l, line 18. 5Eart *ill Supplemental Information.

Provide the descriptions required for·Part 11, lines 3,5, and 9; Part 111, lines la and 4; Part IV, lines 1 b and 2b; Part V, line 4; Part X, line 2; Part XI,lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

PART X, LINE 2:

FOR THE YEAR ENDED DECEMBER 31, 2015, THE FOUNDATION HAS DOCUMENTED ITS

CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR

REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL

UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN

THE FINANCIAL STATEMENTS.

09-21-15 Schedule D (Form 990) 201526


SCHEDULE G OMB No. 1545-0047 -Supplemental Information Regarding Fundraising or Gaming Activities

(Form 990 or 990-EZ) Complete if the organization answered "Yes" on Form 990, Part IV, lines 17,18, or 19, or if the 2015organization entered more than $15,000 on Form 990-EZ, line 6a.

Department of the Treasury 4 Attach to Form 990 or Form 990-EZ. Open to PublicInternal Revenue Service Information about Schedule G Form 990 or 990-EZ and its instructions is at wWw-im.gov/#bm7990.Name of the organization Employer identification number

AMERICAN BRIDGE 21ST CENTURY FOUNDATION 27-5278038rparrrI Fundraising ACtiVitieS. Complete if the organization answered "Yes" on Form 990, Part IV, line 17. Form 990-EZ filers are notL__----J required to complete this part. *#.

1 Indicate whether the organization raised funds through any of the following activities. Check all that apply.a ~ Mail solicitations e ~ Solicitation of non-government grantsb Ml Internet and email solicitations f ~ Solicitation of government grantsc Wl Phone solicitations g ~ Special fundraising eventsd Wl In-person solicitations

2 a Did the organization have a written or oral agreement with any individual (including officers, directors, trustees orkey employees listed in Form 990, Part VII) or entity in connection with professional fundraising services? 00 Yes ~ No

b If "Yes," list the ten highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is to becompensated at least $5,000 by the organization.

(iii) Did (v) Amount paid(i) Name and address of individual fundraiser (iv) Gross receipts to (or retained by) (vi) Amount paid

(i i) Activity have custody to (or retained by)or entity (fundraiser) or control of from activity fundraiser organizationcontributions? listed in col. (i)BONNER GROUP - 455 Yes NoMASSACHUSETTS AVE NW, SUITE UNDRAISING CONSULTANT X 4,257,000. 532,313. 3,724,687.

Total 4 4,257,000. 532,313. 3,724,687.

3 List all states in which the organization is registered or licensed to solicit contributions or has been notified it js exempt from registrationor licensing.

LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule G (Form 990 or 990-EZ) 2015SEE PART IV FOR CONTINUATIONS

53208109-14-15


Schedule G Form 990 or 990- 2015 AMERICAN BRIDGE 21ST CENTURY FOUNDATION 27-5278038 Pa e2art un raising vents. Complete if the organization answered "Yes" on Form 990, Part IV, line 18, or reported more than $15,000

of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.(a) Event #1 (b) Event #2 (c) Other events

(d) Total events(add col. (a) through

Dire

ct E

xpen

ses

Reve

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ct E

xpen

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0

col. (C))(event type) (event type) (total number)

1 Gross receipts

2 Less: Contributions

3 Gross income line 1 minus line 2

4 Cash prizes

5 Noncash prizes

6 Rent/facility costs

7 Food and beverages

8 Entertainment9 Other direct expenses10 Direct expense summary. Add lines 4 through 9 in column (d)11 Net income summa . Subtract line 10 from line 3 column d

art aming. Complete if the organization answered "Yes" on Form 990, Part IV, line 19, or reported more than$15,000 on Form 990-EZ, line 6a.

(b) Pull tabs/instant (d) Total gaming (add(a) Bingo bingo/progressive bingo (c) Other gaming col. (a) through col. (c))

1 Gross revenue

2 Cash prizes

3 Noncash prizes

4 Rent/facility costs

5 Other direct expensesYes % Yes % Yes %

6 Volunteer labor [I] No EE] No Q No «

-7 Direct expense summary. Add lines 2 through 5 in column (d)

8 Net amin income summa . Subtract line 7 from line 1 column d

9 Enter the state(s) in which the organization conducts gaming activities:a Isthe organization licensed toconductgaming activities ineach of thes-estates7Yes N0b If "No," explain:

10a Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? Yes Nob If "Yes," explain:

532082 09-14-15 Schedule G (Form 990 or 990-EZ) 2015


Schedule G Form 990 or 990- Rits AMERICAN BRIDGE 21ST CENTURY FOUNDATION 27-5278038 Pa e311 Does the organization conduct gaming activities with nonmembers?. Yes No12 Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity formed

to administer charitable gaming? E~J Yes EE] No13 Indicate the percentage of gaming activity conducted in:

a The organization's facility |13a| %b An outside facility | 13b | %

14 Enter the name and address of the person who prepares the organization's gaming/special events books and records:

Name $

Address ~

15a Does the organization have a contract with a third party from whom the organization receives gaming revenue? EI] Yes [I] No

b If "Yes," enter the amount of gaming revenue received by the organization * $ and the amountof gaming revenue retained by the third party I $

c If "Yes," enter name and address of the third party:

Name li

Address *

16 Gaming manager information:

Name 4

Gaming manager compensation I $

Description of services provided ~

~ Director/officer ~ Employee ~ independent contractor

17 Mandatory distributions:a Is the organization required under state law to make charitable distributions from the gaming proceeds to

retain the state gaming license? . ~ Yes ~ Nob Enter the ambunt of distributions required under state law to be distributed to other exempt organizations or spent in the

or anization's own exem t activities durin the tax ear $Part IV Supplemental Information. Provide the explanations required by Part 1, line 2b, columns (iii) and (v); and Part 111, lines 9, 9b, 1 Ob, 15b,

15c, 16, and 17b, as a licable. Also rovide an additional information see instructions .

SCHEDULE G, PART I, LINE 2B, LIST OF TEN HIGHEST PAID FUNDRAISERS:

(I) NAME OF FUNDRAISER: BONNER GROUP

(I) ADDRESS OF FUNDRAISER:

455 MASSACHUSETTS AVE NW, SUITE 640, WASHINGTON, DC 20001

532083 09-14-15 Schedule G (Form 990 or 990-EZ) 201529


Schedule G Form 990 or 990-E AMERICAN BRIDGE 21ST CENTURY FOUNDATION 27-5278038 Pa e4art Supplemental Information (continued)

Schedule G (Form 990 or 990-EZ)53208404-01-15


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OMB No. 1545-0047SCHEDULE 0 Supplemental Information to Form 990 or 990-EZ(Form 990 or 990-EZ) Complete to provide information for responses to specific questions on 2015Form 990 or 990-EZ or to provide any additional information.Department of the Treasury ~ Attach to Form 990 or 990-EZ. IrOpp~~.I-euMb~~IInternal Revenue Service Inform ion abou Schedule O Form 990 or 990-EZ and its instructions is at www. irs. ov/form990. Iins ection-ll~Name of the organization Employer identification number

AMERICAN BRIDGE 21ST CENTURY FOUNDATION 27-5278038

FORM 990, PART VI, SECTION A, LINE 8B:

THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON

BEHALF OF THE GOVERNING BODY.

FORM 990, PART VI, SECTION B, LINE 11:

THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY THE

PRESIDENT AND LEGAL COUNSEL. THE RETURN WAS FORWARDED TO THE BOARD OF

DIRECTORS BEFORE FILING WITH THE IRS.

FORM 990, PART VI, SECTION B, LINE 12C:

THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO EACH OFFICER AND

DIRECTOR. THE POLICY REQUIRES DISCLOSURE OF ANY POTENTIAL CONFLICTS OF

INTEREST. IF SUCH DISCLOSURES ARE MADE, THE BOARD OF DIRECTORS INVESTIGATES

TO DETERMINE IF A CONFLICT OF INTEREST EXISTS. THE INDIVIDUAL HAVING THE

POTENTIAL CONFLICT OF INTEREST IS EXCLUDED FROM THESE PROCEEDINGS.

FORM 990, PART VI, SECTION B, LINE 15:

THE COMPENSATION OF THE PRESIDENT AND TOP MANAGEMENT OFFICIAL WAS BASED ON

COMPENSATION STUDIES USING COMPARATIVE DATA FROM OTHER ORGANIZATIONS. THE

FINAL COMPENSATION WAS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS.

COMPENSATION FOR OTHER EMPLOYEES WAS APPROVED BY THE PRESIDENT OF THE

ORGANIZATION. ALL COMPENSATION PROCESSES ARE DELIBERATED AND DOCUMENTED.

THE LAST COMPENSATION REVIEW TOOK PLACE IN NOVEMBER 2015.

FORM 990, PART VI, SECTION C, LINE 19:

THE ORGANIZATION MAKES ITS ARTICLES OF INCORPORATION AND FORM 990 AVAILABLELHA For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule O (Form 990 or 990-EZ) (2015)53221109-02-15


Schedule O Form 990 or 990- 2015 Pa e 2Name of the organization Employer identification number

AMERICAN BRIDGE 21ST CENTURY FOUNDATION 27-5278038

UPON REQUEST.

FORM 990, PART IX, LINE 11G, OTHER FEES:

PUBLIC AFFAIRS CONSULTING:

PROGRAM SERVICE EXPENSES 84,435.

MANAGEMENT AND GENERAL EXPENSES 0.

FUNDRAISING EXPENSES 72,239.

TOTAL EXPENSES 156,674.

COMMUNICATIONS CONSULTING: -



FUNDRAISING EXPENSES 0.


OTHER CONSULTING:



FUNDRAISING EXPENSES 0.


TOTAL OTHER FEES ON FORM 990, PART IX, LINE 11G, COL A 528,302.

532212 09-02-15 Schedule 0 (Form 990 or 990-EZ) (2015)34


tr

FINANCIAL STATEMENTS

AMERICAN BRIDGE 21ST CENTURY FOUNDATION

FOR THE YEAR ENDED DECEMBER 31, 2015

n


C6NTENTS

PAGE NO.

INDEPENDENTAUDITOR'S REPORT 2

EXHIBIT A - Statement of Financial Position, as of December 31, 2015 3

EXHIBIT B - Statement of Activities and Change in Net Deficit, for the YearEnded December 31, 2015 4

EXHIBIT C - Statement of Cash Flows, for the Year Ended December 31,2015 5

NOTES TO FINANCIAL STATEMENTS 6-9

1

GELMAN, ROSENBERG& FREEDMAN 1 1 -1 1

-I-------------

INDEPENDENT AUDITOR'S REPORT'.

To the Board of DirectorsAmerican Bridge 21st Century FoundationWashington, D.C.

We have audited the accompanying financial statements of the American Bridge 21st CenturyFoundation (the Foundation), which comprise the statement of financial position as of December 31, 2015,and the related statements of activities and change in net deficit and cash flows for the year then ended,and the related notes to the financial statements.

Management's Responsibility for the Financial Statements -

Management is responsible for the preparation and fair presentation of these financial statementsin accordance with accounting principles generally accepted in the United States of America; this includesthe design, implementation and maintenance of internal control relevant to the preparation and fairpresentation of financial statements that are free from material misstatement, whether due to fraud orerror.

Auditor's Responsibility

Our responsibility is to express an opinion on these financial statements based on our audit. Weconducted our audit in accordance with auditing standards generally accepted in the United States ofAmerica. Those standards require that we plan and perform the audit to obtain reasonable assuranceabout whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts anddisclosures in the financial statements. The procedures selected depend on the auditofs judgment,including the assessment of the risks of material misstatement of the financial statements, whether due tofraud or error. In making those risk assessments, the auditor considers internal control relevant to theentity's preparation and fair presentation of the financial statements in order to design audit proceduresthat are appropriate in the circumstances, but not for the purpose of expressing an opinion on theeffectiveness of the entity's internal control. Accordingly, we express no such opinion. An audit alsoincludes evaluating the appropriateness of accounting policies used and the reasonableness of significantaccounting estimates made by management, as well as evaluating the overall presentation of the financialstatements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide abasis fof our audit opinion.

Opinion

In our opinion, the financial statements referred to above present fairly, in all material respects,the financial position of the Foundation as of December 31, 2015, and the change in its net deficit and itscash flows for the year then ended in accordance with accounting principles generally accepted in theUnited States of America.

June 6, 2018

4550 MoNTGOMERY AVENUE · SUITE 650 NORTH · BETHESDA, MARYLAND 20814(301) 951-9090 · FAx (301) 951-3570 · WWW.GRFCPA.COM

MEMBER OF CPAMERICA INTERNATIONAL, AN AFFILIATE OF HORWATH INTERNATIONAL

MEMBER OF THE AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS' PRIVATE COMPANIES PRACTICE SECTION

2

EXHIBIT A

AMERICAN BRIDGE 21ST CENTURY FOUNDATION 8

STATEMENT OF FINANCIAL POSITIONAS OF DECEMBER 31, 2015

*

ASSETS

CURRENT ASSETS

Cash and cash equivalents , $ 21,538Due from American Bridge PAC 293,187

Total current assets 314,725

FIXED ASSETS

Equipment and furniture 33,830Computer equipment 11,871Systems and software 1,199Website - 300,057

346,957Less: Accumulated depreciation and amortization (229,460)

Net fixed assets 117,497

OTHER ASSETS

Security deposit 6.660

TOTAL ASSETS $ 438.882

LIABILITIES AND NET DEFICIT

CURRENT LIABILITIES

Note payable $ 500,000Accounts payable and accrued liabilities 225,455Deferred revenue 85,000

Total current liabilities 810,455

NET DEFICIT -

Unrestricted (371,573)

TOTAL LIABILITIES AND NET DEFICIT $ 438.882

See accompanying notes to financial statements. 3

EXHIBIT B


STATEMENT OF ACTIVITIES AND CHANGE IN NET DEFICITFOR THE YEAR ENDED DECEMBER 31, 2015

UnrestrictedREVENUE

Contributions $ 4,632,000

EXPENSES

Program Services 3,823,081

Supporting Services:Management and General 513,541Fundraising 826,861

Total supporting services 1,340,402

Total expenses 5,163,483

Change in net assets (531,483)

Net assets at beginning of year 159,910

NET DEFICIT AT END OF YEAR $ %371,573)


EXHIBIT C


STATEMENT OF CASH FLOWSFOR THE YEAR ENDED DECEMBER 31, 2015

CASH FLOWS FROM OPERATING ACTIVITIES

Change in net deficit $ (531,483)

Adjustments to reconcile change in net deficit tonet cash used by operating activities:

Depreciation and amortizati6n 61,614

(Increase) in:Due from American Bridge PAC (293,187)

(Decrease) increase in:Accounts payable and accrued liabilities (144,250)Due to American Bridge PAC (38,885)Deferred revenue 85,000

Net cash used by operating activities (861,191)

CASH FLOWS FROM INVESTING ACTIVITIES

Purchases of fixed assets (26.538)

Net cash used by investing activities (26.538)

CASH FLOWS FROM FINANCING ACTIVITIES

Proceeds from promissory note - 500,000

Net cash provided by financing activities 500,000

Net decrease in cash and cash equivalents , (387,729)

Cash and cash equivalents at beginning of year 409,267

CASH AND CASH EQUIVALENTS AT END OF YEAR $ 21.538



NOTES TO FINANCIAL STATEMENTSDECEMBER 31, 2015

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND GENERAL INFORMATION

Organization -

American Bfidge 21st Century Foundation (the Foundation) was incorporated in March 2011.The primary mission and program of the Foundation is to compare and contrast progressive andconservative solutions to America's public policy concerns and to educate the American peopleand the nation's leaders on the results of that research. The Foundation is supported primarilyby contributions.

Basis of presentation -

- The accompanying financial statements are presented on the accrual basis of accounting, andin accordance with the Financial Accounting Standards Board ( FASB) ASC 958 , Not-for-ProfitEntities.

Cash and cash equivalents -

The Foundation considers all cash and other highly liquid investments with initial maturities ofthree months or less to be cash equivalents.

Bank deposit accounts are insured by the Federal Deposit Insurance Corporation ("FDIC") up toa limit of $250,000. At times during the year the Foundation maintains cash balances in excessof the FDIC insurance limits. Management believes the risk in these situations to be minimal.

Fixed assets -

Fixed assets in excess of $500 are capitalized and stated at cost. Fixed assets are depreciatedon a straight-line basis over the estimated useful lives of the related assets, generally three tofive years. The cost of maintenance and repairs is recorded as expenses are incurred.Depreciation and amortization expense for the year ended December 31, 2015 totaled $61,614.

Income taxes -

The Foundation is exempt from Federal income taxes under Section 501(c)(4) of the InternalRevenue Code. Accordingly, no provision for income taxes has been made in the accompanyingfinancial statements.

Uncertain tax positions -

For the year ended December 31, 2015, the Foundation has documented its consideration ofFASB ASC 740-10 ,. income Taxes, that provides guidance for reporting uncertainty in incometaxes and has determined that r'io material uncertain tax positions qualify for either recognition ordisclosure in the financial statements.

Deferred revenue -

Deferred revenue consists of payments received from other parties towards conferenceexpenses incurred by the Foundation. The Foundation recognizes such payments as revenuewhen it incurs the related expense.

6



Ap-

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND GENERAL INFORMATION(Continued) ./

Net asset classification -

The net assets are reported in two self-balancing groups as follows:

• Unrestricted net assets include unrestricted revenue and contributions received withoutdonor-imposed restrictions. These net assets are available for the operation of theFoundation and include both internally designated and undesignated resources.

• Temporarily restricted net assets include revenue and contributions subject to donor-imposed stipulations that will be met by the actions of the Foundation and/or the passage oftime. When a restriction expires, temporarily restricted net assets are reclassified tounrestricted net assets and reported in the Statement of Activities and Change in Net Deficitas net assets released from donor restrictions.

As of December 31, 2015, the Foundation did not have any temporarily restricted net assets.

Contributions and grants -

Unrestricted and temporarily restricted contributions and grants are recorded as revenue in theyear notification is received from the donor. Temporarily restricted contributions and grants arerecognized as unrestricted support only to the extent of actual expenses incurred in compliancewith the donor-imposed restrictions and satisfaction of time restrictions. The Foundation did notreceive any temporarily restricted contributions and grants during the year ended December 31,2015.

Use of estimates -

The preparation of the financial statements in conformity with accounting principles generallyaccepted in the United States of America requires management to make . estimates andassumptions that affect the reported amounts of assets and liabilities at the date of the financialstatements and the reported amounts of revenue and expenses during the reporting period.Accordingly, actual results could differ from those estimates.

Functional allocation of expenses -

The costs of providing the various programs and other activities have been summarized on afunctional ba6is in the Statement of Activities and Change in Net Deficit. Accordingly, certaincosts have been allocated among the programs and supporting services benefited.

New accounting pronouncements not yet adopted -

In August 2016 , the FASB issued ASU 2016-14 , Presentation of Financial Statements of Not-for-Profit Entities (Topic 958), intended to improve financial reporting for not-for-profit entities . TheASU will reduce the current three classes of net assets into two: with and without donorrestrictions. The change in each of the classes of net assets must be reported on the Statementof Activities and Change in Net Deficit.

7

4AMERICAN BRIDGE 21ST CENTURY FOUNDATION


9

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND GENERAL INFORMATION(Continued)

New accounting pronouncements not yet adopted (continued) -

The ASU also requires various enhanced disclosures around topics such as board designations,liquidity, functional classification of expenses, investment expenses, donor restrictions, andunderwater endowments. The ASU is effective for years beginning after December 15, 2017.Early adoption is permitted. The ASU should be applied on a retrospective basis in the year theASU is first applied. While the ASU will change the presentation of the Foundation's financialstatements, it is not expected to alter the Foundation's reported financial position.

In May 2014 , the FASB issued ASU 2014-09 , Revenue from Contracts with Customers (Topic606) (ASU 2014-09). The ASU establishes a comprehensive revenue recognition standard forvirtually all industries under generally accepted accounting principles in the United States (U.S.GAAP) including those that previously followed industry-specific guidance.

The guidance states that an entity should recognize revenue to depict the transfer of promisedgoods or services to customers in an amount that reflects the consideration to which the entityexpects to be entitled in exchange for those goods or services. The FASB issued ASU 2015-14in August 2015 that deferred the effective date of ASU 2014-09 by a year thus the effective dateis fiscal years beginning after Decembe f 15, 2018. Early adoption is permitted. The Foundationhas not yet selected a transition method and is currently evaluating the effect that the updatedstandard will have on the financial statements.

In 2016, the FASB issued ASU 2016-02, Leases (Topic 842). The ASU changes the accountingtreatment for operating leases by recognizing a lease asset and lease liability at the presentvalue of the lease payments in the Statement of Financial Position and disclosing keyinformation about leasing arrangements. The ASU is effective for private entities for fiscal yearsbeginning after December 31, 2019. Early adoption is permitted. The ASU should be applied atthe beginning of the earliest period presented using a modified retrospective approach.

The Foundation plans to adopt the new ASUs at the respective required implementation dates.

2. NOTE PAYABLE

In November 2015, the Foundation entered into a $500,000 note payable to an individual. Thematurity date was February 29, 2016. The note was personally guaranteed by a director of theFoundation. Although the note included a requirement to pay interest, this was subsequently waivedand no interest was payable on the outstanding amounts.

As of December 31, 2015, the total outstanding balance ofthe note payable was $500,000.

Principal payments are due as follows:

Year Ending December 31, 2016 $ 500,000

The loan agreement contains various covenants.

8



3. RELATED PARTY

The Foundation shares employees, officers, office space and other expenses with American Bridge21st Century (American Bridge), a political action committee. During the year ended December 31,2015, the Foundation transferred $2,906,053 to American Bridge for salary, rent and otherexpenses allocated to it. Allocated rent expense for the year was $62,576.

As of December 31, 2015, American Bridge owed the Foundation $293,187. This amountrepresented an overpayment by the Foundation to American Bridge during the year ended.December 31,2015.

As of December 31, 2015, the Foundation and American Bridge did not have a formal agreementrelating to the allocation of expenses between the two entities. Allocations were made based onmanagement and budgeted estimates.

4. SUBSEQUENT EVENTS

In preparing these financial statements, the Foundation has evaluated events and transactions forpotential recognition or disclosure through June 6, 2018, the date the financial statements wereissued.

During December 2016, the Foundation repaid the $500,000 principal balance of its note payable.

COPY OF WITHIN PAPGRRECEIVED

JUL 3 1 2018NYS OFFICE OF THE ATTORNEY GENERAL

C!·IARITIES BUREAU

9

* 1 250 'char500 - the daily caller

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