2022-01-10T10:07:45-06:00 2021-06-30 BDO USA LLP 8401 GREENSBORO DRIVE 800 MCLEAN VA 22102 990 2020-07-01 201476451 PBS Foundation % MEGHAN BIGGS-VP & CONTROLLER PBSF 7037395051 1225 SOUTH CLARK STREET Arlington VA 22202 THOMAS E TARDIVO CFO & Treasurer 7037395051 2021-12-15 true THOMAS E TARDIVO 999009999 Marc Berger P01871563 7038930600 3 2020 2022-09-23 18:48:47Z PAULA A KERGER 1225 SOUTH CLARK STREET Arlington VA 22202 28413173 false X https://www.pbs.org/foundation/ X 2004 DC SEE SCHEDULE O 16 15 15 20 0 0 10709523 26388935 0 0 32275 750755 0 0 10741798 27139690 6418114 18988168 0 0 2458769 2516864 84848 80223 1302882 728938 686784 9690669 22272039 1051129 4867651 17654803 38512629 2010924 14340913 15643879 24171716 X SEE SCHEDULE O false false 19206327 18970583 THE FOUNDATION MAKES GRANTS TO PBS TO SUPPORT THE WORK OF PBS. GRANTS TO PBS IN THE FISCAL YEAR ENDED JUNE 30, 2021 CONSIST OF FUNDING TO SUPPORT CONTENT INCLUDING GREAT PERFORMANCES, AMERICAN REVOLUTION, KEN BURNS PRODUCTIONS, NEWS, JOURNALISM AND PUBLIC AFFAIRS PROGRAMMING, AND CHILDREN'S PROGRAMMING. 17585 17585 OTHER PROGRAM SERVICES CONSISTS OF PAYMENTS TO MEMBER STATIONS IN EXECUTION OF GRANT REQUIREMENTS. 19223912 true true false false false false false false true true false false false false false true true true false false false false false true false false false true false true false false false false false false false false true false false false false true false false false true 8 0 true 15 true false false false false false false false false false false false false X 16 15 true false false false true true true true true false false true true true true true true true false false AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS MO NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X MEGHAN BIGGS-VP CONTROLLER 7037395000 1225 SOUTH CLARK STREET ARLINGTON VA 22202 X PAULA A KERGER DIRECTOR, CEO 8.0 32.0 X X 0 963099 105421 JONATHAN BARZILAY CHIEF OPERATING OFFICER 1.0 39.0 X 0 611670 81120 KATHERINE S LAUDERDALE SECRETARY 5.0 35.0 X 0 463742 52210 THOMAS E TARDIVO TREASURER 5.0 35.0 X 0 426169 67748 BRIAN J REDDINGTON EXECUTIVE DIRECTOR 40.0 0.0 X 341546 0 40012 KAREN E AVERY SR. DIR., FUND DEVELOPMENT 40.0 0.0 X 193057 0 41709 IDALIA RAMOS DEPUTY DIRECTOR 40.0 0.0 X 216680 0 17985 CARRIE C SCOTT SR. DIRECTOR, PRINCIPAL GIFTS 40.0 0.0 X 193265 0 37655 TIAJUANA GRAHAM SR. DIR., INDIVIDUAL GIVING 40.0 0.0 X 184584 0 41536 BETH ANN KYLE SR. DIR, DONOR RESEARCH 40.0 0.0 X 159247 0 15439 KATHLEEN RUSSELL ASSISTANT SECRETARY 5.0 35.0 X 0 121325 10858 DONALD A BAER DIRECTOR 1.0 5.0 X 0 0 0 FRED BERENS DIRECTOR, VICE CHAIR 1.0 0.0 X 0 0 0 AFSANEH BESCHLOSS DIRECTOR, CHAIR 1.0 4.0 X 0 0 0 MARY GF BITTERMAN DIRECTOR, CHAIR EMERITA 2.0 0.0 X 0 0 0 JOHN S DOMASCHKO DIRECTOR 1.0 0.0 X 0 0 0 ROB DUNLOP DIRECTOR 1.0 1.0 X 0 0 0 BILL IMADA DIRECTOR 1.0 0.0 X 0 0 0 SUSAN JACOBSON DIRECTOR, VICE CHAIR 1.0 0.0 X 0 0 0 ALLAN LANDON DIRECTOR 1.0 0.0 X 0 0 0 SUSAN MARCUS DIRECTOR 1.0 0.0 X 0 0 0 ROGER SANT DIRECTOR 1.0 0.0 X 0 0 0 LISA SHUMATE DIRECTOR 1.0 3.0 X 0 0 0 LAURIE S SILVERS DIRECTOR 1.0 0.0 X 0 0 0 CAMILLA SMITH DIRECTOR 1.0 0.0 X 0 0 0 DAVID R WEAVER DIRECTOR 1.0 0.0 X 0 0 0 1288379 2586005 511693 8 false true false MARTS LUNDY 160 CHUBB AVENUE SUITE 303 LYNDHURST NJ 07071 FUNDRAISING CONSULT 103370 1 X 3249035 105018 23034882 1045560 26388935 0 268341 268341 0 0 0 0 0 1755897 1273483 482414 482414 482414 0 0 0 0 0 0 0 0 0 0 27139690 750755 X 18988168 18988168 0 0 0 383878 0 191939 191939 0 1733389 0 1000879 732510 123181 67008 56173 147114 84532 62582 129302 79321 49981 0 21568 21568 26017 26017 0 80223 80223 49428 49428 181449 0 181449 0 49798 49798 65846 65846 100116 100116 0 161563 90986 70577 1382 351 1031 0 10757 2689 8068 0 0 0 0 ADMIN COST RECOVERY 0 235744 -235744 0 CREDIT CARD & BANK FEES 17417 0 17417 0 MISCELLANEOUS 1443 0 1443 0 22272039 19223912 1745245 1302882 712811 779922 1511547 4962740 1487182 13116517 0 0 0 0 0 0 0 0 0 0 27522 19763 0 0 13915741 18472902 0 0 0 0 0 0 0 1160785 17654803 38512629 412161 354172 1387624 13932993 0 0 0 0 15201 53748 0 0 0 0 0 0 195938 0 2010924 14340913 X 9585354 16254393 6058525 7917323 15643879 24171716 17654803 38512629 4867651 3660186 X false true X true false X X X 1 PUBLIC BROADCASTING SERVICE 520899215 7 true 18970583 0 1 18970583 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 13806063 2658464 4346326 208952 0 0 20601901 13334735 607107 64705 200484 13806063 11901879 1091550 671913 330607 13334735 9339828 2050026 662025 150000 11901879 7485346 935608 918874 9339828 0.62670 0.37330 false false 0 0 X 31457120 3660186 706672 4366858 27090262 49428 49428 27139690 22929283 706672 706672 22222611 49428 49428 22272039 PART IV, LINE 2b: THE AMOUNT ON FORM 990, PART X, LINE 21 REPRESENTS THE VALUE OF CHARITABLE GIFT ANNUITY LIABILITIES. PBSF HAS CHARITABLE GIFT ANNUITY ARRANGEMENTS BETWEEN DONORS AND THE ORGANIZATION IN WHICH THE DONORS RECEIVE A REGULAR PAYMENT FOR LIFE BASED ON THE VALUE OF ASSETS TRANSFERRED TO THE ORGANIZATION. AFTER THE DONOR'S DEATH, THE ASSETS ARE RETAINED BY THE ORGANIZATION. THE RESIDUUM OF THE GIFT SHALL BE USED BY PBSF AS SPECIFIED BY THE DONORS. PART V, LINE 4: THE PBS ENDOWMENT FUND CONSISTS OF INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. AS REQUIRED BY U.S. GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED STIPULATIONS. THE FOUNDATION REPORTS THOSE FUNDS IN ACCORDANCE WITH FASB ASC 958, ENDOWMENTS OF NOT-FOR-PROFIT ORGANIZATIONS: NET ASSET CLASSIFICATIONS OF FUNDS SUBJECT TO AN ENACTED VERSION OF THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (UPMIFA), AND ENHANCED DISCLOSURES FOR ALL ENDOWMENT FUNDS. AT JUNE 30, 2021 AND 2020, THE FOUNDATION HAS ENDOWMENT FUNDS TOTALING $20,601,901 AND $13,806,063, RESPECTIVELY. OF THIS BALANCE, FUNDS TOTALING $5,642,081 AND $5,322,267 WERE RESTRICTED IN PERPETUITY AT JUNE 30, 2021 AND 2020, RESPECTIVELY. IN ADDITION TO THE NET ASSETS WITH DONOR RESTRICTIONS, THE FOUNDATION HAS BOARD DESIGNATED ENDOWMENT FUNDS. DONOR RESTRICTED ENDOWMENT FUNDS: THE IRIS AND JOSEPH POLLOCK FUND: TO PROVIDE FOR THE BROADCAST AND DISSEMINATION OF CLASSICAL MUSIC PROGRAMMING. NEWS, JOURNALISM, AND PUBLIC AFFAIRS FUND OF THE PBS ENDOWMENT FUND: TO SUPPORT NEWS, JOURNALISM, AND PUBLIC AFFAIRS PROGRAMMING, PARTICULARLY IN THE AREAS OF INVESTIGATIVE JOURNALISM FOUND IN PROGRAMS LIKE PBS NEWSHOUR AND FRONTLINE, BROADCAST BY PBS. BOARD DESIGNATED FUND: PBS ENDOWMENT FUND: TO PROVIDE A CONTINUED SOURCE OF INCOME FOR OPERATIONS, SPECIAL PROJECTS, CAPITAL IMPROVEMENTS OR FOR EMERGENCY NEEDS. PART X, LINE 2: UNDER ASC 740-10, INCOME TAXES, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL BE SUSTAINED. THE FOUNDATION DOES NOT BELIEVE THERE ARE ANY UNRECOGNIZED TAX BENEFITS THAT SHOULD BE RECORDED. FOR THE YEARS ENDED JUNE 30, 2021 AND 2020, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE STATEMENTS OF ACTIVITIES. THE FOUNDATION IS STILL OPEN TO EXAMINATION BY TAXING AUTHORITIES FROM FISCAL YEAR 2018 FORWARD. X X X true MARTS LUNDY INC 160 CHUBB AVENUE SUITE 303 LYNDHURST NJ 07071 CONSULTING false 94197 -94197 94197 -94197 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS MO NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI true PUBLIC BROADCASTING SERVICE 1225 South Clark St ARLINGTON VA 22202 520899215 501(C)(3) 18970583 SEE PART IV JOSHUA BELL INC 360 HAMILTON AVE WHITE PLAINS NY 10601 371553272 15000 SEE PART IV 1 1 PART I, LINE 2: THE PBS FOUNDATION'S PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S. INCLUDE THE FOLLOWING: 1) ORGANIZING THE RECEIPT AND MANAGEMENT OF FUNDING. 2) ENSURING A TASK MANAGEMENT PLAN IS ESTABLISHED TO MEET THE FUNDER'S REQUIREMENTS. 3) IMPLEMENTING A SYSTEM OF COMPLIANCE MANAGEMENT TO ENSURE RESOURCES ARE PROPERLY STEWARDED. 4) MAINTAINING ACCOUNTING AND FINANCIAL MANAGEMENT SYSTEMS AND PRACTICES. 5) FOLLOWING AUDIT MANAGEMENT GUIDELINES. 6) PROVIDING REGULAR REPORTING TO THE FUNDER AS REQUIRED. PART II COLUMN (H) - PURPOSE OF GRANT OR ASSISTANCE PUBLIC BROADCASTING SERVICE: RESTRICTED GRANTS (18,495,583) TO SUPPORT PUBLIC BROADCASTING SERVICE PROGRAMMING. PUBLIC BROADCASTING SERVICE: UNRESTRICTED GRANTS (475,000) TO SUPPORT PUBLIC BROADCASTING SERVICE OPERATIONS. JOSHUA BELL, INC.: SUPPORT FOR PROGRAMMING. false false false false false false false false false PAULA A KERGER DIRECTOR, CEO 0 749525 0 179956 0 33618 0 57000 0 48421 0 1068520 0 0 JONATHAN BARZILAY CHIEF OPERATING OFFICER 0 486738 0 111469 0 13463 0 48450 0 32670 0 692790 0 0 KATHERINE S LAUDERDALE SECRETARY 0 396494 0 64800 0 2448 0 37050 0 15160 0 515952 0 0 THOMAS E TARDIVO TREASURER 0 352400 0 60169 0 13600 0 37050 0 30698 0 493917 0 0 BRIAN J REDDINGTON EXECUTIVE DIRECTOR 301329 0 39038 0 1179 0 25650 0 14362 0 381558 0 0 0 IDALIA RAMOS DEPUTY DIRECTOR 197417 0 19263 0 0 0 16068 0 1917 0 234665 0 0 0 CARRIE C SCOTT SR. DIRECTOR, PRINCIPAL GIFTS 185265 0 8000 0 0 0 15447 0 22208 0 230920 0 0 0 KAREN E AVERY SR. DIR., FUND DEVELOPMENT 187957 0 5100 0 0 0 15666 0 26043 0 234766 0 0 0 TIAJUANA GRAHAM SR. DIR., INDIVIDUAL GIVING 175084 0 9500 0 0 0 14788 0 26748 0 226120 0 0 0 BETH ANN KYLE SR. DIR, DONOR RESEARCH 151647 0 7600 0 0 0 6120 0 9319 0 174686 0 0 0 PART I, LINE 3: THE EXECUTIVE DIRECTOR IS COMPENSATED SOLELY BY THE PBS FOUNDATION. THE RELATED ORGANIZATION, PBS, USES A THIRD-PARTY CONSULTANT WHO IS A COMPENSATION EXPERT TO PROVIDE COMPARABILITY DATA FOR THE FOUNDATION'S EXECUTIVE DIRECTOR POSITION EACH YEAR. THE PBS CHIEF OPERATING OFFICER WORKING WITH THE HUMAN RESOURCE DEPARTMENT AND USING THIS COMPARABILITY DATA, MAKES A COMPENSATION RECOMMENDATION FOR THE FOUNDATION'S EXECUTIVE DIRECTOR POSITION. THE CHIEF EXECUTIVE OFFICER REVIEWS AND APPROVES THE RECOMMENDATION MADE BY THE CHIEF OPERATING OFFICER. THE FOUNDATION'S CHIEF EXECUTIVE OFFICER IS NOT COMPENSATED BY THE FILING ORGANIZATION. X 16 1045560 MARKET VALUE false true true SCHEDULE M, PART I, COLUMN (B): REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. SCHEDULE M, Part I, LINE 31: NON-STANDARD GIFTS ARE REVIEWED FOR APPROPRIATENESS BY THE GIFT ACCEPTANCE COMMITTEE (GAC). SCHEDULE M, Part I, LINE 32 a, b: THE PBS DIRECTOR OF TREASURY OPERATIONS PROVIDES ASSISTANCE IN LIQUIDATING NON-CASH CONTRIBUTIONS DIRECTED TO THE PBS FOUNDATION, AND PROVIDES OVERSIGHT TO THE FOUNDATION'S ENDOWMENT FUNDS INVESTMENT PORTFOLIO. FORM 990, PART I, LINE 1: TO ENLIST PHILANTHROPIC SUPPORT OF PUBLIC BROADCASTING THROUGH ESTABLISHING SPECIAL INITIATIVES FUNDS TO ENSURE PBS'S CONTINUED EXCELLENCE, AND TO PROMOTE AND ENHANCE OUTSTANDING PUBLIC BROADCASTING PROGRAMS AND SERVICES. FORM 990, PART III, LINE 1: THE FOUNDATION ENLISTS PHILANTHROPIC SUPPORT OF PUBLIC BROADCASTING THROUGH ESTABLISHING SPECIAL INITIATIVES FUNDS AND AN ENDOWMENT TO ENSURE PBS'S CONTINUED EXCELLENCE, AND TO PROMOTE AND ENHANCE OUTSTANDING PUBLIC BROADCASTING PROGRAMS AND SERVICES. WORKING COLLABORATIVELY AND COOPERATIVELY WITH MEMBER STATIONS, THE FOUNDATION ENDEAVORS TO SECURE THE EXTRAORDINARY FUNDING NECESSARY TO MAINTAIN AND ENHANCE PBS'S COMMITMENT TO SERVING THE AMERICAN PUBLIC. FORM 990, PART VI, SECTION A, LINE 2: DURING THE REPORTING PERIOD, PAULA A. KERGER (DIRECTOR, CEO) AND DONALD A. BAER (DIRECTOR) BOTH SAT ON THE BOARD OF A PUBLICLY-TRADED COMPANY. FORM 990, PART VI, SECTION A, LINE 6: PBS IS PBS FOUNDATION'S SOLE MEMBER (ARTICLE 2.1 OF THE PBS FOUNDATION BYLAWS). FORM 990, PART VI, SECTION A, LINE 7A: PER ARTICLE 3.2 OF THE PBS FOUNDATION BYLAWS, THE CHAIR OF THE PBS BOARD OF DIRECTORS, THE PRESIDENT OF PBS, AND EITHER A PBS BOARD MEMBER OR A SENIOR EXECUTIVE OF PBS AS DESIGNATED BY THE PBS BOARD CHAIR AND THE PBS PRESIDENT, SHALL SERVE AS EX OFFICIO, VOTING MEMBERS OF THE BOARD ("EX OFFICIO DIRECTORS"). UP TO SEVENTEEN (17) ADDITIONAL VOTING DIRECTORS MAY BE ELECTED BY THE MEMBER TO SERVE ON THE BOARD AT ANY GIVEN TIME ("ELECTED DIRECTORS"). FORM 990, PART VI, SECTION A, LINE 7B: PER ARTICLE 3.3 OF THE BYLAWS, PBS'S NOMINATING AND CORPORATE GOVERNANCE COMMITTEE MUST APPROVE ALL APPOINTMENTS OF PBS FOUNDATION BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B: THE PROCESS FOR REVIEWING THE PBS FOUNDATION FORM 990 PRIOR TO FILING INCLUDES A THOROUGH REVIEW BY THE EXECUTIVE DIRECTOR AND CERTAIN OFFICERS OF THE PBS FOUNDATION, INCLUDING THE PRESIDENT, TREASURER, AND CORPORATE SECRETARY. THESE OFFICERS OF THE FOUNDATION ARE ALSO MEMBERS OF THE SENIOR MANAGEMENT TEAM AT PBS. IN ADDITION, COPIES OF THE FORM ARE PROVIDED TO THE FULL BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C: IN ACCORDANCE WITH PBS'S CONFLICT OF INTEREST POLICY, PBS FOUNDATION EXECUTIVE STAFF, OFFICERS AND BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM AT THE BEGINNING OF EACH FISCAL YEAR AND ARE REQUIRED TO UPDATE THE FORM AS NECESSARY THROUGHOUT THE YEAR. THESE FORMS ARE DISTRIBUTED, COLLECTED, REVIEWED, AND RETAINED BY PBS FOUNDATION'S CORPORATE SECRETARY, WHO ALSO SERVES AS PBS'S GENERAL COUNSEL AND CORPORATE SECRETARY. FORM 990, PART VI, SECTION B, LINE 15A & 15B: THE FOUNDATION'S PARENT ORGANIZATION, PBS, EXECUTES ON AN ANNUAL BASIS A PROCESS BY WHICH IT DETERMINES THE COMPENSATION FOR THE FOUNDATION'S EXECUTIVE DIRECTOR. THE FOUNDATION'S EXECUTIVE DIRECTOR IS COMPENSATED BY THE FOUNDATION. THE CEO OF THE FOUNDATION AND ALL OTHER OFFICERS ARE COMPENSATED SOLELY BY THE RELATED ORGANIZATION, PBS. FORM 990, PART VI, SECTION C, LINE 19: FINANCIAL STATEMENTS AND POLICIES GOVERNING THE PBS FOUNDATION ARE MADE AVAILABLE UPON REQUEST IN WRITING. FORM 990, PART VIII, LINE 7A AND AB: THE PBS FOUNDATION RECEIVES CONTRIBUTIONS IN THE FORM OF SECURITIES WHICH IN PRACTICE IT LIQUIDATES TO CASH AS SOON AS REASONABLY POSSIBLE. THESE AMOUNTS ARE RECORDED AS CONTRIBUTION REVENUE AT FAIR MARKET VALUE (FMV) IN LINE 1F OF THE SCHEDULE, AND ASSIGNED AN EQUIVALENT COST BASIS IN LINE 7B, IN THE PERIOD RECEIVED. THESE SAME SECURITIES ARE RECORDED AT THE GROSS SALES AMOUNT IN LINE 7A OF THE SCHEDULE WHEN SOLD, RESULTING IN AN OFFSETTING GAIN OR LOSS IN FAIR MARKET VALUE (FMV) AT LIQUIDATION. FORM 990, PART IX, LINE 25: THE FOUNDATION IS A SUPPORTING ORGANIZATION WHOSE EFFORTS AND RELATED EXPENDITURES SOMETIMES RESULT IN BENEFITS NOT REFLECTED IN ITS OWN FORM 990 REPORT, AS THESE BENEFITS ARE RECEIVED DIRECTLY BY ITS SUPPORTED ORGANIZATION, PUBLIC BROADCASTING SERVICE. FORM 990, PART XI, LINE 3: RECONCILIATION OF NET ASSETS: SUPPLEMENTAL EXPLANATION: REVENUES ARE GREATER THAN EXPENSES REFLECTING THE TIMING OF RECEIPT OF GRANT FUNDS OR COMMITMENTS IN ONE PERIOD, AND DISBURSEMENT OF THOSE FUNDS IN FULFILLMENT OF THOSE OBLIGATIONS IN SUBSEQUENT PERIODS. PUBLIC BROADCASTING SERVICE 1225 SOUTH CLARK STREET Arlington VA 22202 520899215 SEE PART VII DC 501(c)(3) 07 na false false true true false false false false false false false false true true true false true false false false PART II, COLUMN (B) PRIMARY ACTIVITY: PUBLIC BROADCASTING SERVICE IS A NATIONAL MEMBER ORGANIZATION FOR AMERICA'S PUBLIC TV STATIONS.