Iefile GRAPHIC print - DO NOT PROCESS IAS Filed Data - DLN: 93493187004316I 990 Return of Organization Exempt From Income Tax 0MB N0 1545-0047 orm Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private 20 1 5 foundations) Ir Do not enter security numbers on this form as It may be made public II- InformatIon about Form 990 and Its Instructions Is at Open to Public Department of the Treasury Internal Revenue SerVIce Inspection A For the 2015 calendar year, or tax year beginning 01-01-2015 and ending 12-31-2015 Name Of organIzatIon Employer identification number THE POLICY CIRCLE C0 Check If applicable I_Addresschange 47-2843650 Name Change Domg busmess as '7 Initial retu rn Telephone number Number and street (or 0 box If mail Is not delivered to street address) Room/swte Final 1189 WILMETTE AVENUE No 210 (847)687-7864 return/terminated Amended return City or town, state or provmce, country, and ZIP or foreign postal code WILMETTE, IL 60091 Application pending Gross receipts 465,118 Name and address of prInCIpal officer H(a) IS this a group return for SYLVIE LEGERE subordinates? I_Yes 1189 WILMETTE AVENUE BOX 210 60091 ?guaJLEgbordinates I_Yes _No If"No," attach a list (see Instructions) I Tax?exempt status 501( 501(c)( )1 (Insert no) 4947( )or 527 Group exemption number Website: II- ORG Form of organization '7 Corporation Trust Other Year of formation 2015 State of legal domICIle IN Summary 1 Briefly describe the organization's or most Significant actIVItIes To engage, empower, support and educate women about public policy Issues a 2 Check this box Ifthe organization discontinued operations or disposed of more than 25% ofIts net assets :3 3,5 3 Number ofvotIng members ofthe governing body (Part VI, line 1a) 3 3 4 Number ofIndependent voting members of the governing body (Part VI, Ine 1bTotal numberofIndIVIduals employed In calendar year2015 (Part V, Ine 2a) 5 6 Total number ofvolunteers (estimate If necessary) 6 5 7a Total unrelated busmess revenue from Part column (C), line Net unrelated busmeSS taxable Income from Form Prior Year Current Year 8 Contributions and grants (Part line 1h465,118 9 Program serVIce revenue (Part line 29Investmentincome (Part 3,4,and Otherrevenue (Part 5,6d,8c,9c,10c,and lie) 0 12 revenue?add lines 8 through 11 (must equal Part column (A), line 465,118 13 Grants and Similar amounts paid (Part IX, column (A), lines 1?3) 14 Benefits paid to orfor members (Part IX, column (A), line 4) 15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5?10) 0 16a ProfeSSIonalfundraISIng fees (PartIX,co umn 11eTotal fundraISIng expenses (Part IX, column (D), line 25) F0 17 Otherexpenses 11a?11d,11f?24e) . . . . 285,586 18 Totalexpenses AddlInes 13?17 (must 25) 285,586 19 Revenue less expenses Subtract line 18 from line 179,532 Beginning of Current Year End of Year ?g 20 Totalassets (PartX, Ine 16179,532 3E 21 Total liabilities (PartX, line 26Eli Net assets orfund balances Subtract line 21 from line 20 . . . . . 179,532 Signature Block Under penalties of perjury, I declare that I have examined this return, Including accompanying schedules and statements, and to the best of my knowledge and belief, It Is true, correct, and complete Declaration of preparer (other than officer) IS based on all Information of which preparer has any knowledge 2016?05?31 - SI nature of officer Date Sign 9 Here syIVIe legere PRESIDENT Type or print name and title Print/Type preparer's name Preparer?s Signature Date Check ,f PTIN _d AMANDA MEKO CPA AMANDA MEKO CPA self?employed P01062615 al name II- GREENWALT CPAS INC EIN II- 35?1489521 Pre pare FIrrn's address 5342 VERMONT STREET Phone no (317) 241?2999 Use Only INDIANAPOLIS, IN 46224 May the IRS discuss this return With the preparer Shown above? (see InstructionsI_Yes For Paperwork Reduction Act Notice, see the separate instructions. Cat No 1 1 282Y Form990(20 1 5) Form 990(2015) Page2 Statement of Program Service Accomplishments 1 Check ifSchedule 0 contains a response or note to any line In this . . . . . . . . . . . . . .I7 Briefly describe the organization?s To create Circles across the nation that bring together women ?mm In the same community to discuss and learn from fact based research about polrcres that affect free enterprise and the values offreedom and liberty which impact us all 2 Did the organization undertake any Significant program servrces during the year which were not listed on the priorForm990 or990-EZI_Yes If "Yes," describe these new servrces on Schedule 0 3 Did the organization cease conducting, or make Significant changes in how it conducts, any program If "Yes," describe these changes on Schedule 0 4 Describe the organization?s program servrce accomplishments for each of its three largest program servrces, as measured by expenses Section 501(c)(3)and 501(c)(4) organizations are requrred to report the amount ofgrants and allocations to others, the total expenses, and revenue, ifany, for each program servrce reported 4a (Code (Expenses 154,065 including grants of (Revenue Circle Technology The Policy Circle developed a platform where members can start a Circle, manage the growth of their Circle, effectively organize events and communicate Circle members The mobile responsrve srte also enables posts and events to be presented to all Circle members Within a state, facrlitating connection and encouraging engagement 4b (Code (Expenses 31,829 including grants of (Revenue Circle Growth Since our launch in March 2015, we have created 20 Circles With over 600 members in Illin0is and Indiana At the beginning of 2016 we had Circles in formation in Texas, Ohio, NY and Connecticut 4c (Code (Expenses 24,000 including grants of (Revenue Discu55ion Framework Education The Policy Circle has developed 2 Videos to educate its members on how to facrlitate a roundtable discu55ion, and how to engage so that everyone feels heard, validated and confident ON GOING POSTS AND CONTENT IS BEING DEVELOPED AND PUBLISHED TO PROVIDE FACILITATION AND CIVIC ENGAGEMENT EDUCATION See Additional Data 4d Other program servrces (Describe in Schedule 0 (Expenses 21,605 including grants of$ (Revenue 4e Total program service expenses Ir 2 3 1 ,4 99 Form 990 (2015) Form 990(2015) Page3 Checklist of Required Schedules Yes No 1 Is the organization described In section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," Yes complete ScheduleA 1 Is the organization reqUIred to complete Schedule 3, Schedule of Contributors (see instructions)? . . . 2 Yes Did the organization engage in direct orindirect political campaign actIVIties on behalfoforin opp05ition to 3 No candidates for public office? If "Yes," complete Schedule C, Part I 4 Section 501(c)(3) organizations. Did the organization engage in lobbying actIVIties, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C, Part 5 NO 6 Did the organization maintain any donor adVIsed funds or any Similarfunds or accounts for which donors have the right to prowde adVIce on the distribution or investment ofamounts in such funds or accountsDid the organization receive or hold a conservation easement, including easements to preserve open space, the enVIronment, historic land areas, or historic structures? If "Yes,? complete Schedule D, Part II 8 Did the organization maintain collections ofworks ofart, historical treasures, or other Similar assets? If "Yes,?complete Schedule D, Part . . . . . . . . . . . . . 8 No 9 Did the organization report an amount in Part X, line 21 for escrow or custodial account liability, serve as a custodian for amounts not listed in Part X, or prowde credit counseling, debt management, credit repair, or debt negotiation serwces'r?If "Yes," complete Schedule D, Part IV 9 10 Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, 10 No permanent endowments, or quaSI-endowments? If "Yes," complete Schedule D, Part 11 Ifthe organization?s answerto any ofthe followmg questions is "Yes," then complete Schedule D, Parts VI, VII, IX, or as applicable a Did the organization report an amount for land, and eqUIpment in Part X, line 10? If "Yes," complete Schedule D, Part VIDid the organization report an amount for investments?other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes,? complete Schedule D, Part VII . . . . . . . 11b 0 Did the organization report an amount for investments?program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes,? complete Schedule D, Part . . . . . . . 11C No Did the organization report an amount for other assets in Part X, line 15 that is 5% or more ofits total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, PartX 11e No Did the organization's separate or consolidated finanCIal statements for the tax year include a footnote that 11f No addresses the organization's liability for uncertain tax p05itions under FIN 48 (ASC 740)? If "Yes, complete Schedule D, Part 12a Did the organization obtain separate, independent audited finanCIal statements for the tax year? Parts . . . . . . . . . . . . . . . . . 12a No 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 XII lS optional 12b NO 13 Is the organization a school described in section If "Yes,?complete ScheduleE 13 No 14a Did the organization maintain an office, employees, or agents out5ide ofthe United StatesDid the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraismg, busmess, investment, and program serVIce actIVIties out5ide the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes,"complete Schedule F, Parts Did the organization report on PartIX,co umn 3,more than $5,000 ofgrants orotheraSSIstance to or for any foreign organization? If ?Yes,?complete ScheduleF, Parts Did the organization report on Part IX, column (A), line 3, more than $5,000 ofaggregate grants or other a55istance to orforforeign indIVIduals? If ?Yes,?complete ScheduleF, Parts and IV . . . 16 17 Did the organization report a total of more than $15,000 ofexpenses for profe55ional fundraismg serVIces on Part 17 No IX, column (A), lines 6 and 11e? If "Yes,? complete Schedule G, Part I (see instructions) 18 Did the organization report more than $15,000 total offundraismg event gross income and contributions on Part lines 1c and 8a? If G, PartII . . . . . . . . . . . . 13 NO 19 Did the organization report more than $15,000 ofgross income from gaming actIVIties on Part line 9a? If "Yes, complete Schedule G, Part 19 0 20a Did the organization operate one or more hospital faCIlities? If "Yes,"complete ScheduleH . . . . 20a No If "Yes" to line 20a, did the organization attach a copy of its audited finanCIal statements to this return? 20b Form 990 (2015) Form 990(2015) Page4 Part IV Checklist of Required Schedules (continued) 21 Did the organization report more than $5,000 ofgrants or other a55istance to any domestic organization or 21 No domestic government on Part IX, column (A), line 1? If ?Yes,?complete Schedule I, Parts I and II 22 Did the organization report more than $5,000 ofgrants or other a55istance to or for domestic ihdiViduals on Part 22 IX, column (A), line 2? If ?Yes,?complete Schedule I, Parts I and No 23 Did the organization answer "Yes" to Part VII, 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? If "Yes,? 23 0 complete Schedule] . 24a Did the organization have a tax-exempt bond issue With an outstanding prinCIpaI amount of more than $100,000 as ofthe last day ofthe year, that was issued after December 31, 2002? If ?Yes,? answer lines 24b through 24d and complete Schedule K. If ?No, go to line 25a . . . . . . . . 24a 0 Did the organization invest any proceeds oftax-exempt bonds beyond a temporary period exception? 24b Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds? 24C Did the organization act as an "on behalfof" issuerfor 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 benefit transaction With a disqualified person during the year? If "Yes,? complete Schedule L, Part I 25a No Is the organization aware that it engaged in an excess benefit transaction With a disqualified person in a prior year, and that the transaction has not been reported on any ofthe organization?s prior Forms 990 or 25b NO If "Yes," complete Schedule L, Part I 26 Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons? 26 No If "Yes,?complete Schedule L, Part Did the organization prowde a grant or other a55istance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family 27 No member of any ofthese persons? If "Yes," complete Schedule L, Part 28 Was the organization a party to a busmess transaction With one of the fo 0Wing 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,? complete Schedule L, Part IV 28a No A family member ofa current or former officer, director, trustee, or key employee? If "Yes,? complete Schedule L, Part IV . 28b No 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? If "Yes," complete Schedule L, Part IV 28C 0 29 Did the organization receive more than $25,000 in non-cash contributions? If "Yes,? complete ScheduleM 29 No 30 Did the organization receive contributions ofart, historical treasures, or other Similar assets, or qualified conservation contributions? If "Yes," complete ScheduleM 30 31 Did the organization liqUIdate, terminate, or dissolve and cease operations? If "Yes,? complete Schedule N, Part I No 31 32 Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II 32 33 Did the organization own 100% ofan entity disregarded as separate from the organization under Regulations sections 301 7701Was the organization related to any tax-exempt or taxable entity? If "Yes,"complete Schedule R, Part II, orIV, 34 and Part V, line 1 0 35a Did the organization have a controlled entity Within the meaning ofsection 512(b)(13)? 35a N0 If?Yes?to line 35a, did the organization receive any payment from or engage in any transaction With a controlled 35b entity Within the meaning of section 5 12(b)(13)? If "Yes," complete Schedule R, Part V, line2 . . . 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 35 37 Did the organization conduct more than 5% of its actIVIties through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes,? complete Schedule R, Part VI 37 38 Did the organization complete Schedule 0 and provide explanations in Schedule 0 for Part VI, lines 11b and 19? Note. All Form 990 filers are reqUIred to complete Schedule 0 33 es Form 990 (2015) Form 990(2015) Page5 Statements Regarding Other IRS Filings and Tax Compliance Check If Schedule 0 contaIns a response or note to any lIne In thIs Part Yes No 1a Enter the number reported In Box 3 of Form 1096 Enter-0- If not applicable . . 1a 4 Enter the number of Forms W-ZG Included In Me 1a Enter-0- If not appIIcable 1b the organIzatIon comply WIth backup WIthholdIng rules for reportable payments to vendors and reportable 14a gamIng (gambIIng) WInnIngs to prlze WInners? Enter the number ofemployees reported on Form W-3, TransmIttal ofWage and Tax Statements, ?led for the calendar year endIng WIth or WIthIn the year covered 2a 0 LM Ifat least one IS reported on Me 2a, dId the organIzatIon ?le all reqUIred federal employment tax returns? Note.Ifthe sum ofIInes 1a and 2a IS greater than 250, you may be reqUIred to e-fIIe (see InstructIons) the organIzatIon have unrelated busmess gross Income of$1,000 or more durIng the year? . . . 3a No If?Yes,? has It ?led a Form 990-T for thIs yearUf ?No?to line 3b, prowde an explanation In Schedule 0 . . . 3b 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 otherfInanCIal account)? If"Yes," enter the name ofthe foreIgn country Ir See InstructIons reqUIrements for Form 114, Report of ForeIgn Bank and FInanCIal Accounts (FBAR) Was the organIzatIon a party to a prothIted tax shelter transactIon at any tIme durIng the tax year? . . 5a No any taxable party notIfy the organIzatIon that It was or Is a party to a prothIted tax shelter transactIon? 5b No If"Yes," to lIne 5a or 5b, dId the organIzatIon ?le Form 5c Does the organIzatIon have annual gross receIpts that are normally greater than $100,000, and dId the Ga No organIzatIon so ICIt any contrIbutIons that were not tax deducthle as charItable contrIbutIons'P If"Yes," dId the organlzatIon Include WIth every so ICItatIon an express statement that such contrIbutIons or 6b Organizations that may receive deductible contributions under section 170(c). the organIzatIon recere a payment In excess of$75 made partly as a contrIbutIon and partly for goods and 7a No serVIces prOVIded to the payor? If"Yes," dId the organIzatIon notIfy the donor ofthe value of the goods or serVIces prOVIdedthe organIzatIon sell, exchange, or otherWIse dIspose oftangIble personal property for It was reqUIred to 7c No If"Yes,"IndIcatethe . . . . 7d the organIzatIon recere any funds, dIrectly or IndIrectly, to pay prequms on a personal bene?t contract? 7e 22 the organIzatIon, durIng the year, pay prequms, dIrectly or IndIrectly, on a personal bene?t contract? . . 7f Ifthe organIzatIon recered a contrIbutIon Intellectual property, dId the organlzatIon ?le Form 8899 as 79 Ifthe organIzatIon recered a contrIbutIon ofcars, boats, aIrplanes, or other vehIcles, dId the organIzatIon ?le a 7h Sponsoring organizations maintaining donor advised funds. a donor adVIsed fund maIntaIned by the sponsorIng organIzatIon have excess busmess holdIngs at any tIme durIng the year? the sponsorIng organIzatIon make any taxable dIstrIbutIons under sectIon 4966? . . . 9a the sponsorIng organIzatIon make a dIstrIbutIon to a donor, donor adVIsor, or related person? . . . 9b Section 501(c)(7) organizations. Enter InItIatIon fees and capItal contrIbutIons Included on Part Me 12 . . . 10a Gross receIpts, Included on Form 990, Part Me 12, for pubIIc use ofclub 10b Section 501(c)(12) organizations. Enter . . . . . . . . . 11a Gross Income from other sources (Do not net amounts due or paId to other sources agaInst amounts due or recered from them11b Section 4947(a)(1) non-exempt charitable trusts.Is the organIzatIon fIlIng Form 990 In lIeu of Form 1041? If "Yes," enter the amount of tax-exempt Interest recered or accrued durIng the year 12b Section 501(c)(29) qualified nonprofit health insurance issuers. Is the organIzatIon lIcensed to Issue health plans In more than one state?Note. See the InstructIons for addItIonal InformatIon the organIzatIon must report on Schedule 0 Enter the amount of reserves the organIzatIon Is reqUIred to maIntaIn by the states In the organIzatIon IS lIcensed to Issue health plans . . . . 13?" Enterthe amount of reserves on hand . . . . . . . . . . . . 13c the organIzatIon recere any payments for IndoortannIng serVIces durIng the tax year"Yes," has It ?led a Form 720 to report these payments?If "No,"provrde an explanation In Schedule 0 . . 14b Form 990 (2015) Form 990(2015) Page6 Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule 0. See instructions. 1a 7a 9 Check IfSchedule contaIns a response or note to any Me In thIs Part .I7 Section A. Governing Body and Management Yes No Enter the number ofvotIng members ofthe governIng body at the end ofthe tax 1a 3 year Ifthere are materIal dIfferences In votIng rIghts among members ofthe governIng body, or Ifthe governIng body delegated broad authorIty to an executIve commIttee or commIttee, explaIn In Schedule 0 Enter the number ofvotIng members Included In Me 1a, above, who are Independent 1b 3 any of?cer, dIrector, trustee, or key employee have a famIIy relatIonshIp or a busmess relatIonshIp WIth any other of?cer, dIrector, trustee, or key employeethe organIzatIon delegate control over management dutIes customarIIy performed by or under the dIrect 3 No superVISIon of of?cers, dIrectors or trustees, or key employees to a management company or other person? the organIzatIon make any SIgnIfIcant changes to Its governIng documents SInce the prIor Form 990 was 4 N0 the organIzatIon become aware durIng the year ofa SIgnIfIcant dIverSIon of the organIzatIon's assets? . 5 No the organIzatIon have members or stockholdersthe organIzatIon have members, stockholders, or other persons who had the power to elect or app0Int one or more members ofthe governIng bodyAre any governance deCISIons ofthe organlzatIon reserved to (or subject to approval by) members, stockholders, 7b No or persons otherthan the governIng bodythe organIzatIon contemporaneously document the meetIngs held or ertten actIons undertaken durIng the year by the followmg 8aYes Each commIttee WIth authorIty to act on behalfofthe governIng bodythere any of?cer, dIrector, trustee, or key employee Isted In Part VII, SectIon A, who cannot be reached at the organIzatIon? 5 mang address? If "Yes,? ?prowde the names and addresses In Schedule 0 . . . 9 N0 Section B. Policies (This Section requests information about policies not required by the Internal Revenue Codethe organIzatIon have local chapters, branchesIf"Yes," dId the organIzatIon have ertten po ICIes and procedures governIng the actIVItIes ofsuch chapters, and branches to ensure theIr operatIons are conSIstent WIth the organIzatIon's exempt purposes? 10b Has the organIzatIon prOVIded a complete copy ofthIs Form 990 to all members ofIts governIng body before fIlIng DescrIbe In Schedule 0 the process, Ifany, used by the organIzatIon to reVIew thIs Form 990 . . . . . -- the organIzatIon have a ertten coanIct of Interest pollcy? If "No,"go to lIne 12a Yes Were offIcers, dIrectors, or trustees, and key employees reqUIred to dIsclose annually Interests that could gIve 12b Yes the organIzatIon regularly and conSIstently monItor and enforce compIIance WIth the polIcy'? If "Yes,"descrIbe InScheduleOhowthIs wasdone . . . . . . . . . . . . . . . . . . . 12C Yes the organIzatIon have a ertten . . . . . . . . . . . . . . . 13 No the organIzatIon have a ertten document retentIon and destructIon po Icy7 . . . . . . . . . 14 No the process for determInIng compensatIon ofthe followmg persons Include a reVIew and approval by Independent persons, data, and contemporaneous substantIatIon of the deIIberatIon and deCISIon? The organIzatIon?s CEO, ExecutIve DIrector, or top management offICIal . . . . . . . . . . . If"Yes" to Me 15a or 15b, descrIbe the process In Schedule 0 (see InstructIons) the organIzatIon Invest In, contrIbute assets to, or partICIpate In a venture or arrangement WIth a taxable entIty durIng the year? If "Yes," dId the organIzatIon follow a ertten pollcy or procedure reqUIrIng the organIzatIon to evaluate Its partICIpatIon In venture arrangements under appIIcable federal tax law, and take steps to safeguard the organIzatIon?s exempt status WIth respect to such arrangements16b Section C. Disclosure 17 18 19 20 LIst the States WIth a copy ofthIs Form 990 IS reqUIred to be fIledhr IN SectIon 6104 reqUIres an organlzatIon to make Its Form 1023 (or 1024 IfappIIcable), 990, and 990-T (501(c) (3)5 only) avaIIable for pubIIc InspectIon IndIcate how you made these avaIIable Check all that apply Own webSIte Another's webSIte I7 Upon request Other (explaIn In Schedule 0) DescrIbe In Schedule 0 whether (and Ifso, how) the organIzatIon made Its governIng documents, coanIct of Interest pollcy, and fInanCIal statements avaIIable to the pubIIc durIng the tax year State the name, address, and telephone number of the person who possesses the organIzatIon's books and records HennIferRIchardson 101 WOHIO STREET SUITE 1350 INDIANAPOLIS, IN 46204 (317)681-5046 Form 990 (2015) Form 990(2015) Page7 Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors Check IfSchedule contaIns a response or note to any ?ne In thIs Part VII . . . . . . . Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees 1a Complete thIs table for all persons reqUIred to be Isted Report compensatlon for the calendar year endIng WIth or WIthIn the organIzatIon?s tax year I LIst all of the organIzatIon's current of?cers, dIrectors, trustees (whether or organIzatIons), regardless ofamount ofcompensatIon Enter-O- In columns (D), (E), and (F) If no compensatIon was paId I LIst all ofthe organIzatIon?s current key employees, Ifany See InstructIons for de?nItIon of "key employee I LIst the organIzatIon?s ?ve current hIghest compensated employees (other than an of?cer, dIrector, trustee or key employee) who recered reportable compensatlon (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 I LIst all ofthe organIzatIon?s former of?cers, key employees, or hIghest compensated employees who recered more than $100,000 of reportable compensatIon from the organIzatIon and any related organIzatIons I LIst all ofthe organIzatIon?s former directors or trustees that recered, In the capaCIty as a former dIrector or trustee ofthe organIzatIon, more than $10,000 of reportable compensatIon from the organIzatIon and any related organIzatIons LIst persons In the followmg order IndIVIduaI trustees or dIrectors, InstItutIonal trustees, of?cers, key employees, hIghest compensated employees, and former such persons I7 Check thIs box If neIther the organIzatIon nor any related organIzatIon compensated any current of?cer, dIrector, or trustee (A) (B) (C) (D) (E) (F) Name and Average P05ItIon (do not check Reportable Reportable EstImated hours per more than one box, unless compensatlon compensatlon amount of week ( Ist person IS both an of?cer from the from related other any hours and a dIrector/trustee) organIzatIon organIzatIons compensatlon for related 5, 3 I I -n (W- 2/1099- (W- 2/1099- from the organIzatIons :l E. 3.5 9 MISC) MISC) organIzatIon E. EEIT below .T. C, and related E. 3 dotted ?ne) I: :r H- organIzatIons (1) SYLVIE LEGERE 20 00 0 0 0 PRESIDENT (2) KATHY HUBBARD 20 00 0 0 0 TREASURER (3) ANGELA BRALY 20 00 0 0 0 SECRETARY Form 990 (2015) Form 990(2015) Page8 Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued) (A) (B) (C) (D) (E) (F) Name and Average (do not check Reportable Reportable Estlmated hours per more than one box, unless compensatlon compensatlon amount of other week (Ilst person IS both an of?cer from the from related compensatlon any hours and a dlrector/trustee) organlzatlon (W- organlzatlons (W- from the forrelated 3 I ?n organlzatlon and organlzatlons a .19 3.1: related below Elli .1. organlzatlons dotted IIneTotal from continuation sheets to Part VII, Section A . . . . Total (add lines Total number of IndIVIduals (Includlng but not IImIted to those Ilsted above) who recelved more than $100,000 of reportable compensatlon from the organlzatlon II- 0 3 the organlzatlon Ilst any former of?cer, dlrector or trustee, key employee, or hlghest compensated employee on Me 1a? If "Yes," complete Schedulleorsuch . . . . . . . . . . . . . . 4 For any IndIVIduaI Ilsted reportable compensatlon and other compensatlon from the organlzatlon and related organlzatlons greater than $150,000? If "Yes," complete Schedulleorsuch 5 any person Ilsted on Me 1a recelve or accrue compensatlon from any unrelated organlzatlon or IndIVIdual for serVIces rendered to the organlzatlonUf "Yes," complete Schedu/leorsuch person . . . . . . . . Section B. Independent Contractors 1 Complete table for yourflve hlghest compensated Independent contractors that recelved more than $100,000 of compensatlon from the organlzatlon Report compensatlon for the calendar year WIth or WIthIn the organlzatlon?s tax year (A) (B) (C) Name and busmess address tlon of serVIces Corn nsatlon 2 Total number of Independent contractors (Includlng but not IImIted to those Ilsted above) who recelved more than $100,000 ofcompensatlon from the organlzatlon II- 0 Form 990 (2015) Form 990 (2015) Page 9 Statement of Revenue Check ifSchedule 0 contains a res onse or note to an Federated campaigns A Membership dues Fundraising events - Related organizations ., Government grants (contributions) All other contributions, gifts, grants, and 465,118 *5 Similar amounts not included above 5 Noncash contributions included in lines 1a?1f$ '5 Total. Add lines 1a-1f Lil ii: Busmess Code 5 a All other program serVIce revenue Ii:- Total. Add lines 2a?2f Investment income (including leldendS, interest, and other similar amounts) Income from investment of tax?exempt bond proceeds Real (ii) Personal Gross rents Less rental expenses Rental income or(loss) Net rental income or (lossSecurities (ii) Other Gross amount from sales of assets other than inventory Less cost or other ba5is and sales expenses Gain or (loss) Net gain or (loss) Gross income from fundraismg events (not including ofcontributions reported on line 1c) See PartIV,line 18 l? a .E 5 Less direct expenses . . . Net income or (loss) from fundraising events Gross income from gaming actIVIties See Part IV, line 19 a Less directexpenses . . . Net income or (loss) from gaming actIVIties Gross sales ofinventory, less returns and allowances Less costofgoods sold . . Net income or (loss) from sales of inventory . . Miscellaneous Revenue All other revenue Total. Add lines 11a?11d Total revenue. See Instructions Busmess Code line in this Part (A) Total revenue 465,118 465,118 (B) Related or exempt function revenue (D) Revenue excluded from tax under sections 5 12-514 (C) Unrelated busmess revenue 0 Form 990 (2015) Form 990(2015) Page 10 Statement of Functional Expenses Section 501(c)(3)and 501(c)(4) organizations must complete all columns All other organizations must complete column (A) CheckifSCheduleO containsa response or note to anyline in this PartIX . . . . . . Do not include amounts reported on lines 6b, (A) Management and Fungi?a)ismg 7b' 8b' and 10b Of Part TOtal expenses expenses general expenses expenses 1 Grants and other a55istance to domestic organizations and domestic governments See Part IV, line 21 2 Grants and other a55istance to domestic See Part IV, line 22 3 Grants and other a55istance to foreign organizations, foreign governments, and foreign indIVIduals See Part IV, lines 15 and 16 Benefits paid to or for members 5 Compensation of current officers, directors, trustees, and key employees 6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) . 7 Other salaries and wages Pen5ion plan accruals and contributions (include section 401(k) and 403(b) employer contributions) 9 Other employee benefits 10 Payroll taxes 11 Fees for serVIces (non-employees) a Management Legal 51,830 51,830 Accounting Lobbying Investment management fees 9 Other (Ifline amount exceeds 10% ofline 25, column (A) amount, list line expenses on Schedule 0) 12 Advertismg and promotion 13 Office expenses 945 945 14 Information technology 15 Royalties 16 Occupancy 17 Travel 40 40 18 Payments of travel or entertainment expenses for any federal, state, or local public offICIals 19 Conferences, conventions, and meetings 20 Interest 21 Payments to affiliates 22 DepreCIation, depletion, and amortization 23 Insurance 24 Other expenses Itemize expenses not covered above (List miscellaneous expenses in line 24e Ifline 24e amount exceeds 10% ofline 25, column (A)amount, list line 24a expenses on Schedule 0 a WEB DESIGN 144,965 144,965 CONTRACTED SERVICES 42,534 42,534 VIDEO DESIGN 24,000 24,000 POLICY BRIEF CONTENT FO 20,000 20,000 All other expenses 1,272 1,272 25 Total functional expenses. Add lines 1 through 24e 285,586 231,499 54,087 0 26 Joint costs.Complete this line only ifthe organization reported in column (B)JOint costs from a combined educational campaign and fundraismg SOIICItation Check here Ir iffollowmg SOP 98-2 (ASC 958-720) Form 990 (2015) Form 990 (2015) Page 11 Balance Sheet Check ifSchedule 0 contains a response or note to any line In this Part . . (A) (B) Beginning ofyear End ofyear 1 Cash?non-interest-bearing 1 179,532 2 Savmgs and temporary cash investments 2 3 Pledges and grants receivable, net 3 4 Accounts receivable, net 4 5 Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees Complete Part II of Schedule 6 Loans and other receivables from other disqualified persons (as de?ned under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations ofsection 501(c)(9) voluntary employees' benefICIary organizations (see instructions) Complete PartII ofSchedule in": 6 "i 7 Notes and loans receivable, net 7 Inventories for sale or use 8 9 Prepaid expenses and deferred charges 9 10a Land, and eqUIpment cost or other ba5is Complete Part VI ofSchedule 103 Less accumulated depreCIation . . . . . 10b 10c 11 Investments?publicly traded securities 11 12 Investments?other securities See Part IV, line 11 12 13 Investments?program-related See Part IV, line 11 13 14 Intangible assets 14 15 Other assets See Part IV, line 11 15 16 Total assets.Add lines 1 through 15 (must equal line 34) 0 16 179.532 17 Accounts payable and accrued expenses 17 18 Grants payable 18 19 Deferred revenue 19 20 Tax-exempt bond liabilities 20 21 Escrow or custodial account liability Complete Part IV ofSchedule 21 Li'- 22 Loans and other payables to current and former officers, directors, trustees, .1: key employees, highest compensated employees, and disqualified persons Complete Part II ofSchedule 22 H: 23 Secured mortgages and notes payable to unrelated third parties 23 24 Unsecured notes and loans payable to unrelated third parties 24 25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24) Complete Part ofSchedule 25 26 Total liabilitie5.Add lines 17 through 25 0 26 0 Organizations that follow SFAS 117 (ASC 958), check here Ir and complete 3 lines 27 through 29, and lines 33 and 34. 27 Unrestricted net assets 27 28 Temporarily restricted net assets 28 29 Permanently restricted net assets 29 If Organizations that do not follow SFAS 117 (ASC 958), check here It 7 and complete lines 30 through 34. 30 Capital stock or trust prinCIpal, or current funds 0 30 0 4..- E, 31 Paid-in or capitalsurplus,orland, building orequipment fund 0 31 0 32 Retained earnings, endowment, accumulated income, or other funds 0 32 179.532 E: 33 Total net assets orfund balances 0 33 179.532 2 34 Total liabilities and net assets/fund balances 0 34 179,532 Form 990 (2015) Form 990(2015) Page 12 Reconcilliation of Net Assets . . . . . . . . . . . . . 1 Total revenue (must equal Part column (A), line 12) 1 465,118 2 Total expenses (must equal Part IX, column (A), line 25) 2 285,586 3 Revenue less expenses Subtract line 2 from line 1 3 179,532 4 Net assets orfund balances at beginning ofyear (must equal Part X, line 33, column 4 0 5 Net unrealized gains (losses) on investments 5 6 Donated serVIces and use of faCIlities 6 7 Investment expenses 7 8 Prior period adjustments 8 9 Other changes In net assets orfund balances (explain In Schedule 0) 9 10 Net assets orfund balances at end ofyear Combine lines 3 through 9 (must equal Part X, line 33, column 10 179,537- ?c Financial Statements and Reporting CheckifScheduleO containsaresponse ornote to anylinein this Part XII . . . . . . . . . . . . . Yes No 1 Accounting method used to prepare the Form 990 I7 Cash Accrual ther Ifthe organization changed its method ofaccounting from a prior year or checked "Other," explain in Schedule 0 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 a separate ba5is, consolidated ba5is, or both Separate Consolidated Both consolidated and separate Were the organization?s finanCIal statements audited by an independent accountant? If?Yes,?check a box below to indicate whether the finanCIal statements for the year were audited on a separate ba5is, consolidated ba5is, or both Separate Consolidated Both consolidated and separate If"Yes," to line 2a or 2b, does the organization have a committee that assumes responSIbility for overSIght ofthe audit, reVIew, or compilation of its finanCIal statements and selection ofan independent accountant? Ifthe organization changed either its over5ight process or selection process during the tax year, explain in Schedule 0 3a As a result ofa federal award, was the organization reqUIred to undergo an audit or audits as set forth in the Single AuditAct and OMB CircularA-1337 3a No If "Yes," did the organization undergo the reqUIred audit or audits? Ifthe organization did not undergo the reqUIred audit or audits, explain why in Schedule 0 and describe any steps taken to undergo such audits 3b Form 990 (2015) Additional Data Software ID: Software Version: EIN: 47?2843650 Name: THE POLICY CIRCLE CO Form 990, Part - 4 Program Service Accomplishments (See the Instructions) (Code (Expenses 21,605 Includlng grants of$ (Revenue Pollcy Content Educatlon The Pollcy has developed 15 natlonal level pollcy brlefs Includlng a Year ofConversatIon framework WIth thematlc dlrectlon for thelr In In collaboratlon ofstate tanks, The Pollcy has for Its members 12 brlefs forIndIana and For 2016, collaboratlon WIth natlonWIde state tanks contlnue lefile GRAPHIC print - DO NOT PROCESS IAs Filed Data - DLN: 93493187004316 SCHEDULE A Public Charity Status and Public Support OMB No 1545-0047 (Form 990 0r 990EZ) Complete if the organization is a section 501(c)(3) organization or a section 20 1 5 4947(a)(1) nonexempt charitable trust. Department of the It Attach to Form 990 or Form 990-EZ. Open to Public Treasury Information about Schedule A (Form 990 or 990-EZ) and its instructions is at I t' Internal Revenue Serwce "Spec Ion Name of the organization Employer identification number THE POLICY CIRCLE CO 47-2843650 Reason for Public Charity Status (All organizations must complete this part.) See Instructions. The organization is not a private foundation because it is (For lines 1 through 11, check only one box) 1 A church, convention ofchurches, or assouation ofchurches described in section 2 A school described in section Schedule (Form 990 or 3 A hospital or a cooperative hospital serVIce organization described in section 4 A medical research organization operated in conjunction With a hospital described in section Enter the hospital's name, City, and state 5 An organization operated for the benefit ofa college or univer5ity owned or operated by a governmental unit described in section (Complete Part II 6 A federal, state, or local government or governmental unit described in section 7 I7 An organization that normally receives a substantial part ofits support from a governmental unit orfrom the general public described in section (Complete Part II 8 A community trust described in section 170(b)(1)(A)(vi) (Complete Part II 9 An organization that normally receives (1) more than 331/30/0 of its support from contributions, membership fees, and gross receipts from actIVIties related to its exempt functions?subject to certain exceptions, and (2) no more than 331/30/0 of its support from gross investment income and unrelated busmess taxable income (less section 511 tax) from busmesses achIred by the organization afterJune 30, 1975 Seesection 509(a)(2). (Complete Part 10 An organization organized and operated exc u5ively to test for public safety See section 509(a)(4). 11 An organization organized and operated excluswely for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2) See section 509(a)(3). Check the box in lines 11a through 11d that describes the type ofsupporting organization and complete lines 11e, 11f, and 11g a Type I. A supporting organization operated, superVIsed, or controlled by its supported organization(s), typically by giVing the supported organization(s) the powerto regularly appomt or elect a majority ofthe directors or trustees ofthe supporting organization You must complete Part IV, Sections A and B. Type II. A supporting organization superVIsed or controlled in connection With its supported organization(s), by havmg control or management of the supporting organization vested in the same persons that control or manage the supported organization(s) You must complete Part IV, Sections A and C. Type functionally integrated. A supporting organization operated in connection With, and functionally integrated With, its supported organization(s) (see instructions) You must complete Part IV, Sections A, D, and E. Type non-functionally integrated. A supporting organization operated in connection With its supported organization(s) that is not functionally integrated The organization generally must satisfy a distribution reqUIrement and an attentiveness reqUIrement (see instructions) You must complete Part IV, SectionsA and D, and Part V. Check this box ifthe organization received a written determination from the IRS that it is a Type I, Type II, Type functionally integrated, orType non-functionally integrated supporting organization Enter the number ofsupported organizations . . . . . . . . . . Prowde the followmg information about the supported organization(s) (iv) (vi) Name ofsupported organization Type of Is the organization Amount of Amount of other organization listed in your governing monetary support support (see (described on lines document? (see instructions) instructions) 1- 9 above (see instructions)) Yes No For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990EZ. Cat N0 11285F Schedule A (Form 990 or 990-EZ) 2015 ScheduleA (Form 990 or990-EZ)2015 Page2 Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part If the organization fails to qualify under the tests listed below, please complete Part Section A. Public Support (or fiscal year beginning in) It 1 6 ca'enda'Vea' (a)2011 (b)2012 (c)2013 (d)2014 (e)2015 (f)Total Gifts, grants, contributions, and membership fees received (Do 465,118 465,118 not include any unusual grants) Tax revenues leVIed forthe organization's benefit and either paid to or expended on its behalf The value ofserVIceS or faCIlitieS furnished by a governmental unit to the organization Without charge Total.Add lines 1 through 3 465,118 465,118 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% ofthe amount shown on line 1 1, column Public support. Subtract line 5 from line 4 412,792 52,326 Section B. Total Support (or fiscal year beginning inCa'enda'Vea' (a)2011 (b)2012 (c)2013 (d)2014 (e)2015 (f)T0ta Amounts from line 4 465,118 455,118 Gross income from interest, diVidendS, payments received on securities loans, rents, royalties and income from Similar sources Net income from unrelated busmess actIVItieS, whether or not the busmeSS IS regularly carried on Other income Do not include gain or loss from the sale of capital assets (Explain in Part VI Total support. Add lines 7 through 10 Gross receipts from related actIVItieS, etc (see instructions) 12 465,118 First five years.Ifthe Form 990 IS for the organization's first, second, third, fourth, orfifth tax year as a section 501(c)(3) organization, H7 Section C. Computation of Public Support Percentage 14 15 16a 17a 18 Public support percentage for 2015 (line 6, column lelded by line 11, column 14 Public support percentage for 2014 Schedule A, Part II, line 14 15 33 1/3?/o support test?2015.Ifthe organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box and stop here. The organization qualifies as a publicly supported organization Fl? 33 1/3?/o support test?2014.Ifthe organization did not check a box on line 13 or 16a, and line 15 IS 33 1/3% or more, check this box and stop here.The organization qualifies as a publicly supported organization test?2015.Ifthe organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and ifthe organization meets the facts-and-CIrcumstanceS test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-Circumstances" test The organization qualifies as a publicly supported organization test?2014.Ifthe organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 IS 10% or more, and ifthe organization meets the "facts-and-CIrcumstanceS" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-CIrcumstanceS" test The organization qualifies as a publicly supported organization Private foundation.Ifthe organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see instructions Schedule A (Form 990 or 990-EZ) 2015 Schedule A (Form 990 or 990-EZ) 2015 Page 3 Support Schedule for Organizations Described in Section 509(a)(2) (Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.) Section A. Public Support (or fiscal year beginning in) It 1 7a 8 Calendar year (a)2011 (b)2012 (c)2013 (d)2014 (e)2015 (f)Total Gifts, grants, contributions, and membership fees received (Do not include any "unusual grants Gross receipts from merchandise sold or serVIces performed, or faCIlities furnished in any actIVIty that is related to the organization's tax-exempt purpose Gross receipts from actIVIties that are not an unrelated trade or busmess under section 513 Tax revenues leVIed forthe organization's benefit and either paid to or expended on its behalf The value ofserVIces orfaCIlities furnished by a governmental unit to the organization Without charge Total.Add lines 1 through 5 Amounts included on lines 1, 2, and 3 received from disqualified persons Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of$5,000 or 1% of the amount on line 13 for the year Add lines 7a and 7b Public support. (Subtract line 7c from line 6 Section B. Total Support in) (a)201 1 (b)201 2 (c)201 3 (d)2014 (e)201 5 (f)Total 9 Amounts from line 6 10a Gross income from interest, diVidends, payments received on securities loans, rents, royalties and income from Similar sources Unrelated busmess taxable income (less section 511 taxes) from busmesses achIred after June 30, 1975 Add lines 10a and 10b 11 Net income from unrelated busmess actIVIties not included in line 10b, whether or not the busmess is regularly carried on 12 Other income Do not include gain or loss from the sale of capital assets (Explain in Part VI 13 Total support. (Add lines 9, 10c, 11, and 12 14 First five years.Ifthe Form 990 is for the organization's first, second, third, fourth, orfifth tax year as a section 501(c)(3) organization, check this box and stop here I'l? Section C. Computation of Public Support Percentage 15 Public support percentage for 2015 (line 8, column lelded by line 13, column 15 16 Public support percentage from 2014 Schedule A, Part line 15 15 Section D. Computation of Investment Income Percentage 17 Investment income percentage for 2015 (line 10c, column lelded by line 13, column 17 18 Investment income percentage from 2014 Schedule A, Part line 17 13 19a 33 1/3?/o support tests?2015.Ifthe organization did not check the box on line 14, and line 15 is more than 33 and line 17 is not more than 33 check this box and stop here. The organization qualifies as a publicly supported organization 33 1/3?/o support tests?2014.Ifthe organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 check this box and stop here. The organization qualifies as a publicly supported organization 20 Private foundation.Ifthe organization did not check a box on line 14, 19a, or 19b, check this box and see instructions Schedule A (Form 990 or 990-EZ) 2015 Schedule A (Form 990 or 990-EZ) 2015 Supporting Organizations (Complete only ifyou checked a box on line 11 ofPartI Ifyou checked 11a ofPart I, complete Sections A and Ifyou checked 11b ofPart I, complete Sections A and Ifyou checked 11c ofPart I, complete Sections A, D, and Ifyou checked 11d ofPart I, complete Sections A and D, and complete Part V) Section A. All Supporting Organizations Page 4 1 3a 5a Are all ofthe organization?s supported organizations listed by name in the organization's governing documents? If "No, describe in Part VI how the supported organizations are deSignated. If de5ignated by class or purpose, describe the deSIgnation. If historic and continumg relationship, explain. Did the organization have any supported organization that does not have an IRS determination ofstatus under section 509(a)(1) or If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2). Did the organization have a supported organization described in section 501(c)(4), (5), or If "Yes," answer and below. Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination. Did the organization ensure that all support to such organizations was used excluswely for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use. Was any supported organization not organized in the United States ("foreign supported organization")? If ?Yes and if you checked 11a or 11b in Part I, answer and below. Did the organization have ultimate control and discretion in deCIding whether to make grants to the foreign supported organization? If ?Yes,? describe in Part VI how the organization had such control and discretion despite being controlled orsupervrsed by or in connection With its supported organizations. Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or If ?Yes, explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used excluswely for section 170(c)(2)(B) purposes. Did the organization add, substitute, or remove any supported organizations during the tax year? If ?Yes,? answer and below (if applicable). Also, prowde detail in Part VI, including the names and EIN numbers of the supported organizations added, substituted, or removed, (ii) the reasons for each such action, the authority under the organization?s organizmg document authorizmg such action, and (iv) how the action was accomplished (such as by amendment to the organizmg document). Type I or Type II only. Was any added or substituted supported organization part ofa class already deSIgnated in 9a 10a 11 the organization's organi2ing document? Substitutions only. Was the substitution the result ofan event beyond the organization's control? Did the organization prowde support (whether in the form ofgrants or the ofserVIces or faCIlities) to anyone otherthan its supported organizations, IndIVIdualS that are part of the charitable class benefited by one or more of its supported organizations, or other supporting organizations that also support or benefit one or more ofthe filing organization's supported organizations? If ?Yes,?prowde detail in Part VI. Did the organization prowde a grant, loan, compensation, or other Similar payment to a substantial contributor (defined in IRC a family member ofa substantial contributor, ora 35-percent controlled entity With regard to a substantial contributor? If ?Yes,?complete Part I of Schedule (Form 990). Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7? If ?Yes,? complete Part II of Schedule (Form 990). Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons as defined in section 4946 (other than foundation managers and organizations described in section 509 or If ?Yes,?prOVide detail in Part VI. Did one or more disqualified persons (as defined in line hold a controlling interest in any entity in which the supporting organization had an interest? If ?Yes,?prowde detail in Part VI. Did a disqualified person (as defined in line have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If ?Yes,?prowde detail in Part VI. Was the organization subject to the excess business holdings rules 4943 because 4943(f) (regarding certain Type II supporting organizations, and all Type non-functionally integrated supporting organizations)? If ?Yes,?answerb below. Did the organization have any excess busmess holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess busmess holdings). Has the organization accepted a gift or contribution from any ofthe followmg personsperson who directly or indirectly controls, either alone ortogether With persons described in and below, the governing body ofa supported organization? 11a A family member ofa person described in above? 11b A 35% controlled entity ofa person described in or above?If ?Yes? to a, b, or c, prowde detail in Part VI. 11c Schedule A (Form 990 or 990-EZ) 2015 ScheduleA (Form 990 or990-EZ)2015 Page5 Part IV Supporting Organizations (continued) Section B. Type I Supporting Organizations Yes No 1 Did the directors, trustees, or membership ofone or more supported organizations have the power to regularly app0int or elect at least a majority of the organization's directors or trustees at all times during the tax year? If ?No, describe in Part VI how the supported organization(s) effectively operated, superVised, or controlled the organization?s actiVities. If the organization had more than one supported organization, describe how the powers to appOint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year. 1 2 Did the organization operate for the benefit ofany supported organization other than the supported organization(s) that operated, superVIsed, or controlled the supporting organization? If ?Yes,? explain in Part VI how prOViding such benefit carried out the purposes of the supported organization(s) that operated, superwsed or controlled the supporting organization. Section C. Type II Supporting Organizations Yes No 1 Were a majority ofthe organization?s directors or trustees during the tax year also a majority of the directors or trustees ofeach ofthe organization?s supported organization(s)? If ?No, describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s). 1 Section D. All Type Supporting Organizations Yes No 1 Did the organization prowde to each of its supported organizations, by the last day ofthe fifth month ofthe organization?s tax year, (1) a written notice describing the type and amount ofsupport prowded during the prior tax year, (2) a copy ofthe Form 990 that was most recently filed as ofthe date of notification, and (3) copies of the organization?s governing documents in effect on the date of notification, to the extent not preVIously prowded? 1 2 Were any of the organization's officers, directors, or trustees either appomted or elected by the supported organization(s) or (ii) serVIng on the governing body ofa supported organization? If "No,"explain in Part VI how the organization maintained a close and continuous working relationship With the 2 supported organization (5). 3 By reason ofthe relationship described in (2), did the organization?s supported organizations have a Significant mice in the organization?s investment and in directing the use ofthe organization?s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization?s supported organizations played in this regard. 3 Section E. Type Functionally-Integrated Supporting Organizations 1 Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions) a The organization satisfied the ActIVIties Test Complete line 2 below The organization is the parent ofeach of its supported organizations Complete line 3 below The organization supported a governmental entity Describe in Part VI how you supported a government entity (see instructions) 2 ActIVIties Test Answer and below. Yes No a Did substantially all of the organization's actiVities during the tax year directly further the exempt purposes ofthe supported organization(s) to which the organization was responswe? If "Yes," then in Part VI identify those supported organizations and explain how these actiVities directly furthered their exempt purposes, how the organization was responSive to those supported organizations, and how the organization determined that these actiVities constituted substantially all of its actiVities. 23 Did the actiVities described in constitute actiVities that, but for the organization?s involvement, one or more of the organization?s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization?s p05ition that its supported organization(s) would have engaged in these actiVities but for the organization ?5 in volvement. 2b 3 Parent of Supported rganizations Answer and below. a Did the organization have the power to regularly appomt or elect a majority ofthe officers, directors, or trustees of each ofthe supported organizations? PrOVide details in Part VI. 3a Did the organization exerCIse a substantial degree ofdirection overthe programs and actiVities ofeach of its supported organizations? If "Yes,? describe in Part VI the role played by the organization in this regard. 3b Schedule A (Form 990 or 990-EZ) 2015 Schedule A (Form 990 or 990-EZ) 2015 Page 6 Type Non-Functionally Integrated 509(a)(3) Supporting Organizations 1 Check here ifthe organization satisfied the Integral Part Test as a qualifying trust on Nov 20, 1970 See instructions. All other Type non-functionally integrated supporting organizations must complete Sections A through m-hWNl-l- Oi (B) Current Year Section A - Adjusted Net Income (A) P??'Year (optmnal) Net short-term capital gain Recoveries of prior-year distributions Other gross income (see instructions) Add lines 1 through 3 U'I-thi-I DepreCIation and depletion Portion ofoperating expenses paid or incurred for production or collection of gross income orfor management, conservation, or maintenance of property held for production ofincome (see instructions) 6 Other expenses (see instructions) 7 Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) 8 A @NmU'l \i Q?u??i audio-i4: wwl?g??u (B) Current Year Section - Minimum Asset Amount (A) P??'Yea? (opmnar) Aggregate fair market value ofall non-exempt-use assets (see instructions for short tax year or assets held for part ofyear) Average value ofsecurities Average cash balances Fair market value of other non-exempt-use assets Total (add lines 1a, 1b, and 1c) Discount claimed for blockage or other factors (explain in detail in Part VI) AchISItion indebtedness applicable to non-exempt use assets Subtract line 2 from line 1d Cash deemed held for exempt use Enter 1-1/20/0 ofline 3 (for greater amount, see instructions) Net value of non-exempt-use assets (subtract line 4 from line 3) Multiply line 5 by 035 Recoveries of prior-year distributions Minimum Asset Amount (add line 7 to line 6) Section - Distributable Amount Current Year Adjusted net income for prior year (from Section A, line 8, Column A) Enter 85% ofline 1 Minimum asset amount for prior year (from Section B, line 8, Column A) Enter greater ofline 2 orline 3 Income tax imposed in prior year Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) 6 Check here ifthe current year is the organization's first as a non-functionally-integrated Type supporting organization (see instructions) Schedule A (Form 990 or 990-EZ) 2015 ScheduleA (Form 990 or990-EZ)2015 Page7 Type Non-Functionally Integrated 509(a)(3) Supporting Organizations (continued) Section - Distributions Current Year 1 Amounts paid to supported organizations to accomplish exempt purposes 2 Amounts paid to perform actIVIty that directly furthers exempt purposes ofsupported organizations, in excess of income from actIVIty 3 Administrative expenses paid to accomplish exempt purposes ofsupported organizations 4 Amounts paid to achIre exempt-use assets 5 Qualified set-aSIde amounts (prior IRS approval reqUIred) 6 Other distributions (describe in Part VI) See instructions \l Total annual distributions. Add lines 1 through 6 Distributions to attentive supported organizations to which the organization is responswe (prowde details in Part VI) See instructions 9 Distributable amount for 2015 from Section C, line 6 10 Line 8 amount lelded by Line 9 amount . . . . . (ii) Section Distritbutiton Allocations (see Excess Distributions Underdistributions Distributable ins ruc IonS) Pre-2015 Amount for 2015 1 Distributable amount for 2015 from Section C, line 6 2 Underdistributions, ifany, for years prior to 2015 (reasonable cause reqUIred--see instructions) Excess distributions carryover, ifany, to 2015 From 2013. From 2014. . . Total oflines 3a through 9 Applied to underdistributions of prior years Applied to 2015 distributable amount i Carryoverfrom 2010 not applied (see instructions) Remainder Subtract lines 39, 3h, and 3i from 3f 4 Distributions for 2015 from Section D, line 7 a Applied to underdistributions of prior years Applied to 2015 distributable amount Remainder Subtract lines 4a and 4b from 4 5 Remaining underdistributions for years prior to 2015, ifany Subtract lines 39 and 4a from line 2 (ifamount greater than zero, see instructions) 6 Remaining underdistributions for 2015 Subtract lines 3h and 4b from line 1 (ifamount greaterthan zero, see instructions) 7 Excess distributions carryover to 2016. A dd lines 3] and 4c 8 Breakdown ofline 7 Excess from 2013. From 2014. From 2015. Schedule A (Form 990 or 990-EZ) (20 1 5 ScheduleA (Form 990 or990-EZ)2015 Page8 Supplemental Information. Prowde the explanations reqUIred by Part II, line 10; Part II, line 17a or 17b; Part line 12; Part IV, Section A, lines 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions). Facts And Circumstances Test Return Reference Explanation Schedule A (Form 990 or 990-EZ) 2015 lefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93493187004316 - OMB No 1545-0047 SCHEDULE 0 Supplemental Information to Form 990 or 990-EZ (Form 990 or 990-EZ) Complete to provide information for responses to specific questions on Department ofihe Treasury Form 990 or 990-EZ or to provide any additional information. Internal Revenue Semce ht Attach to Form 990 or 990-EZ. Open to h- Inforrnation about Schedule 0 (Form 990 or 990-EZ) and its instructions is at Inspection Name of the organization Employer identification number THE POLICY CIRCLE CO 47-2843650 990 Schedule 0, Supplemental Information Return Reference Explanation Form 990, Part VI, Section B, line The form 990 is reVIew ed by the PreSIdent and bookkeeper and then shared With the entire board for their 11 approval Form 990, Part VI, Section B, line Each director, officer and member of a committee With board delegated powers must annually 120 Sign a conflict of interest statement In addition, the policy reqUIres periodic reVIews that include at a minimum, an assessment of compensation and benefits Form 990, Part VI, Section C, line THESE ARE AVAILABLE UPON REQUEST 19