2021-05-12T22:54:33-05:00 2020-06-30 420714325 RSM US LLP 9801 WASHINGTONIAN BLVD STE 500 GAITHERSBURG MD 20878 990 2019-07-01 530196577 THE BROOKINGS INSTITUTION BROO 2027976000 1775 MASSACHUSETTS AVE NW WASHINGTON DC 20036 IRENA BARISIC VP,CFO,ASST TREASURER 2027976000 2021-05-11 1 WILLIAM E TURCO CPA P00369217 3012963600 2021-05-11 2019 2022-09-23 18:48:47Z JOHN R ALLEN 1775 MASSACHUSETTS AVE NW WASHINGTON DC 20036 181901423 0 X WWW.BROOKINGS.EDU X 1939 DC TO CONDUCT IN-DEPTH, INDEPENDENT RESEARCH THAT LEADS TO NEW IDEAS FOR IMPROVING, GOVERNANCE AND SOLVING PROBLEMS FACING SOCIETY AT THE LOCAL, NATIONAL AND GLOBAL LEVEL. 44 44 573 44 -8238 0 78330045 63041977 469961 1124071 20873559 12315777 4178773 2913830 103852338 79395655 1051112 815987 0 0 60093598 60960118 0 51600 3094566 33768776 33115761 94913486 94943466 8938852 -15547811 529123659 492547778 57774287 56583614 471349372 435964164 X SEE SCHEDULE O 0 0 16631477 ECONOMIC STUDIES:THE ECONOMIC STUDIES PROGRAM ANALYZES CURRENT AND EMERGING ECONOMIC POLICY ISSUES. ITS RESEARCH AIMS TO INCREASE THE PUBLIC'S UNDERSTANDING OF HOW THE ECONOMY WORKS AND WHAT CAN BE DONE TO MAKE IT WORK BETTER. IN THE PAST YEAR, ECONOMIC STUDIES EXPERTS EXAMINED THE STATE OF THE U.S. ECONOMY, INCLUDING THE IMPACT OF THE COVID-19 PANDEMIC ON THE LABOR MARKET, HEALTH CARE SYSTEM, SOCIAL INEQUALITY, RETIREMENT, EDUCATION, AND THE NATIONAL DEBT AND HOW FISCAL AND MONETARY POLICY SHOULD RESPOND IN A LOW INFLATION AND LOW INTEREST-RATE ENVIRONMENT. ECONOMIC STUDIES ALSO PRODUCES THE BROOKINGS PAPERS ON ECONOMIC ACTIVITY, THE LEADING SOURCE OF POLICY-ORIENTED, EMPIRICAL RESEARCH ON MACROECONOMICS. IN ADDITION TO PUBLISHING NUMEROUS WORKS OF SCHOLARSHIP IN FY2020, ECONOMIC STUDIES HELD OVER 98 EVENTS BOTH PUBLIC AND PRIVATE, AND SCHOLARS ALSO SPOKE AT 55 EXTERNAL EVENTS, WROTE 271 OP-EDS AND BLOGS, PRODUCED 168 REPORTS AND RESEARCH PAPERS, PUBLISHED 3 BOOKS, TESTIFIED ON CAPITOL HILL 4 TIMES, AND WERE CITED OR INTERVIEWED IN 2,830 MEDIA STORIES WHICH WERE SYNDICATED 10,157 TIMES. 14852339 257600 795014 FOREIGN POLICY STUDIES:OVER THE COURSE OF A TUMULTUOUS YEAR FOR THE UNITED STATES AND THE WORLD, SCHOLARS IN THE BROOKINGS FOREIGN POLICY PROGRAM, UNDER THE LEADERSHIP OF VICE PRESIDENT AND DIRECTOR SUZANNE MALONEY, CONTINUED TO SHAPE DEBATES AND HELP INFORM POLICY DECISIONS ON THE MOST PRESSING GEOPOLITICAL ISSUES FACING WASHINGTON AND THE WORLD. AMID UNPRECEDENTED UNCERTAINTY AND RISING GLOBAL CHALLENGES, THE EXPERTISE OF BROOKINGS FOREIGN POLICY SCHOLARS HAS NEVER BEEN IN HIGHER DEMAND. FP SCHOLARS FROM ACROSS OUR FIVE RESEARCH CENTERS ARE SOUGHT AFTER FOR THEIR INSIGHT, ANALYSIS AND NONPARTISAN PERSPECTIVE. IN THE PAST YEAR FP SCHOLARS HAVE PROVIDED EXPERT TESTIMONY BEFORE CONGRESS ON MATTERS RANGING FROM THE IMPACT OF THE PANDEMIC ON NATIONAL SECURITY AND INTELLIGENCE, ENERGY SECURITY, AND ARMS CONTROL, TO CHINA AND SAUDI ARABIA. THEY HAVE ALSO WRITTEN OR CONTRIBUTED TO ARTICLES IN EVERY MAJOR NEWS OUTLET IN THE UNITED STATES AND AT LEAST 20 OTHER COUNTRIES, INCLUDING THE NEW YORK TIMES, WALL STREET JOURNAL, WASHINGTON POST, USA TODAY, POLITICO, LA TIMES, HUFFINGTON POST, TIME, FOREIGN AFFAIRS, VOX, NATIONAL INTEREST, FINANCIAL TIMES, THE NEW YORKER, AND THE ECONOMIST. FOREIGN POLICY SCHOLARS HAVE ALSO OFFERED ANALYSIS FOR NEWS OUTLETS FROM ACROSS THE POLITICAL SPECTRUM, INCLUDING FOX NEWS, MSNBC, CNN, BBC, AL JAZEERA, CNBC, NPR, PBS NEWSHOUR, AND A RANGE OF INTERNATIONAL OUTLETS. IN ADDITION TO THESE PUBLIC APPEARANCES, SINCE JANUARY OUR SCHOLARS HAVE PROVIDED DOZENS OF POLICY BRIEFINGS TO KEY STAKEHOLDERS IN THE UNITED STATES AND ALLIED CAPITALS AROUND THE WORLD. FOREIGN POLICY'S EVENT PROGRAMMING HAS INVOLVED CONVERSATIONS WITH U.S. CABINET OFFICIALS, TOP DECISION MAKERS FROM OVERSEAS, MEMBERS OF CONGRESS, AND MILITARY LEADERS; AUDIENCES ONLINE OFTEN NUMBER IN THE THOUSANDS AND INCLUDE MEMBERS OF THE MEDIA. FINALLY, FOREIGN POLICY SCHOLARS HAVE RECENTLY PUBLISHED WIDELY ACCLAIMED BOOKS, INCLUDING ON NORTH KOREAN LEADER KIM JONG-UN AND ON THE DIPLOMATIC HISTORY OF INDIA-U.S.-CHINA RELATIONS. 11540127 42800 102655 GLOBAL ECONOMY AND DEVELOPMENT:THE GLOBAL ECONOMY AND DEVELOPMENT PROGRAM EXAMINES THE OPPORTUNITIES AND CHALLENGES PRESENTED BY GLOBALIZATION, WHICH CONTINUES TO BE A CENTRAL CONCERN FOR INTERNATIONAL POLICYMAKERS, BUSINESS LEADERS, THE MEDIA AND CIVIL SOCIETY. GLOBAL ECONOMY AND DEVELOPMENT EXPERTS AIM TO SHAPE THE POLICY DEBATE ON HOW TO IMPROVE GLOBAL ECONOMIC COOPERATION AND FIGHT GLOBAL POVERTY AND SOURCES OF SOCIAL STRESS. IN THE PAST YEAR, GLOBAL EXPERTS HAVE PROVIDED ANALYSIS AND RECOMMENDATIONS TO FOSTER GLOBAL ECONOMIC COOPERATION, IMPROVE PATHWAYS OUT OF POVERTY, AND HELP DEAL WITH THE TECHNOLOGICAL TRANSFORMATION OF THE WORLD ECONOMY, WITH A SPECIAL FOCUS ON PRODUCTIVITY, EDUCATION, NEW SKILLS, INCLUSIVENESS, AND SUSTAINABILITY. IN ADDITION TO PUBLISHING NUMEROUS WORKS OF SCHOLARSHIP IN FY 2020, GLOBAL ECONOMY AND DEVELOPMENT HELD NUMEROUS EVENTS OPEN TO THE GENERAL PUBLIC BOTH IN-PERSON AND VIRTUALLY. 9721121 70835 32510 GOVERNANCE STUDIES:THE GOVERNANCE STUDIES PROGRAM BRINGS TOGETHER PEOPLE INTERESTED IN IMPROVING THE PERFORMANCE OF GOVERNING INSTITUTIONS AND BETTERING THE ECONOMIC SECURITY, SOCIAL WELFARE, AND OPPORTUNITY AVAILABLE TO ALL AMERICANS. GOVERNANCE STUDIES SCHOLARS GENERATE IDEAS THAT WILL STRENGTHEN DEMOCRACY, INCREASE INSTITUTIONAL CAPACITY, SUSTAIN THE RULE OF LAW, AND ADDRESS MAJOR DOMESTIC POLICY ISSUES FROM EDUCATION AND HEALTHCARE TO DIGITAL TECHNOLOGY. IN FISCAL YEAR 2020, GOVERNANCE STUDIES EXPERTS FOCUSED ON RESEARCH ABOUT CAMPAIGNS AND ELECTIONS AND EXAMINED THE IMPACTS OF VOTER SUPPRESSION, THE ROLE OF NATIONAL SECURITY AND LAW ENFORCEMENT, AND THE IMPORTANCE OF BIPARTISAN GOVERNMENT OVERSIGHT, ALONG WITH COMMENTING ON THE NUANCES OF FEDERAL FUNCTIONS AND PROCEDURAL RULEMAKING. THROUGH OUR RACE, PROSPERITY, AND INCLUSION INITIATIVE, EXPERTS SURFACED COMMENTARY ON ISSUES RELATED TO RACIAL JUSTICE INCLUDING POLICING, RACIAL AND ECONOMIC EQUITY, BIAS IN TECHNOLOGY AND THE DIGITAL DIVIDE. THEY ALSO COMMENTED ON AND BROUGHT TOGETHER EXPERTS TO DISCUSS THE IMPLICATIONS OF VARIOUS TECHNOLOGICAL AND PRIVACY ISSUES, SUCH AS FEDERAL PRIVACY LEGISLATION, BROADBAND ACCESS, AND EMERGING TECHNOLOGIES SUCH AS FACIAL RECOGNITION AND SMART TRANSPORTATION. IN ADDITION TO PUBLISHING NUMEROUS WORKS OF WRITTEN SCHOLARSHIP IN FY 2020, GOVERNANCE STUDIES HELD OVER 45 EVENTS OPEN TO THE GENERAL PUBLIC ON THESE, AND OTHER, TIMELY TOPICS. 8408118 193892 METROPOLITAN POLICY:THE BROOKINGS METROPOLITAN POLICY PROGRAM'S (BROOKINGS METRO) MISSION IS TO DELIVER RESEARCH AND SOLUTIONS THAT HELP METROPOLITAN LEADERS BUILD AN ADVANCED ECONOMY THAT WORKS FOR ALL. DURING FY20, UNITED STATES POLITICAL LEADERS CONFRONTED THREE UNPRECEDENTED CRISES ROILING THE NATION: THE GLOBAL COVID-19 PANDEMIC, A RECESSION THAT HAS LEFT 30 MILLION AMERICANS UNEMPLOYED, AND A SERIES OF KILLINGS THAT HAVE FOCUSED THE NATION ON LONG-STANDING ISSUES OF RACIAL INJUSTICE. BROOKINGS METRO HAS STOOD AT THE VANGUARD OF ADDRESSING THESE PROBLEMS, WORKING CLOSELY WITH LOCAL POLICYMAKERS IN SEVERAL CITIES AND METROPOLITAN AREAS AND IN OVER A DOZEN STATES. BROOKINGS METRO STRENGTHENED ITS RESEARCH AND ANALYSIS, LISTENED TO UNDERREPRESENTED VOICES, AND MOBILIZED NETWORKS TO TRANSLATE EVIDENCE AND IDEAS INTO TANGIBLE SOLUTIONS THAT ADDRESS THE GREATEST CHALLENGES OF OUR TIME. IN FY20, BROOKINGS METRO PUBLISHED MORE RESEARCH AND THOUGHT LEADERSHIP CONTENT THAN EVER BEFORE, INCLUDING 159 BLOG POSTS AND 89 MAJOR REPORTS, RESEARCH BRIEFS, AND INTERACTIVE DATA VISUALIZATIONS. NOTABLY, BROOKINGS METRO LAUNCHED THE PROGRAM'S COMPREHENSIVE THOUGHT LEADERSHIP PORTAL THE COVID-19 METRO RECOVERY WATCH FOCUSED ON PROVIDING ECONOMIC PERFORMANCE DATA AND RECOVERY CASE STUDIES FOR STATE AND LOCAL LEADERS ACROSS THE COUNTRY. BROOKINGS METRO PROMOTED ITS SCHOLARSHIP WIDELY ACROSS SOCIAL MEDIA, NEWSLETTERS, PODCASTS, AND VIDEOS, AND SAW ITS READERSHIP SKYROCKET DURING FY20. BROOKINGS METRO ALSO WORKED WITH STRATEGIC PARTNERS TO HOST 19 PUBLIC EVENTS (IN PERSON PRIOR TO THE PANDEMIC AND VIRTUALLY SINCE) IN WASHINGTON, D.C. AND IN CITIES ACROSS THE COUNTRY, AND PARTICIPATED IN ROUNDTABLES, MEETINGS, PUBLIC FORUMS, AND CONFERENCES HELD BY OTHER ORGANIZATIONS TO DISCUSS OUR RESEARCH AND POLICY RECOMMENDATIONS.BROOKINGS METRO'S RESEARCH AND ANALYSIS RECEIVED TRACTION WITH IMPORTANT POLICY AUDIENCES, BOTH FEDERAL AND LOCAL. TWO SENATE BILLS HAVE BEEN DRAFTED THAT DRAW HEAVILY ON BROOKINGS METRO RESEARCH. THE METRO RECOVERY INDEX AN INTERACTIVE DATA TOOL WITHIN THE COVID-19 METRO RECOVERY WATCH THAT CONGREGATES ECONOMIC PERFORMANCE INDICATORS FOR THE NATION'S LARGEST METRO AREAS TO MEASURE THE PANDEMIC'S EFFECTS RECEIVED COVERAGE BOTH IN NATIONAL AND LOCAL NEWS OUTLETS. BROOKINGS METRO'S ONGOING DEMOGRAPHIC ANALYSES GENERATED SUBSTANTIAL DISCOURSE IN OUTLETS SUCH AS THE WASHINGTON POST AND THE ATLANTIC ON THE PANDEMIC'S EVER-CHANGING POLITICAL RAMIFICATIONS DURING ELECTION SEASON. AGAINST THE BACKDROP OF A PANDEMIC, GEORGE FLOYD'S DEATH AT THE HANDS OF POLICE AND THE WIDESPREAD UNREST THAT ENSUED PLACED BROOKINGS METRO'S RESEARCH AND ANALYSIS ON INCLUSIVE ECONOMIC GROWTH AND RACIAL EQUITY IN THE NATIONAL NEWS. 6031973 444752 INSTITUTIONAL INITIATIVES:INCLUDES RESEARCH INITIATIVES UNDERTAKEN OR SUPERVISED BY THE EXECUTIVE OFFICE, AND CROSS-PROGRAM RESEARCH EFFORTS, INCLUDING THE ARTIFICIAL INTELLIGENCE AND EMERGING TECHNOLOGIES INITIATIVE, DAVID M. RUBENSTEIN FELLOWSHIP PROGRAM, THREE OVERSEAS CENTERS, AND THE BROOKINGS MOUNTAIN WEST INITIATIVE.THE ARTIFICIAL INTELLIGENCE AND EMERGING TECHNOLOGY (AIET) INITIATIVE LOOKS TO ADVANCE GOOD GOVERNANCE OF TRANSFORMATIVE TECHNOLOGIES AT THE GLOBAL, NATIONAL, AND LOCAL LEVELS SO THAT MULTIPLE SECTORS OF SOCIETY CAN RESPONSIBLY SCALE AND MANAGE ITS FULL EFFECTS. THIS YEAR BROOKINGS LAUNCHED SEVERAL WORKSTREAMS EACH DESIGNED TO TRACK AND INFORM PRESSING QUESTIONS AT THE INTERSECTION OF TECHNOLOGY AND POLICY IN NEAR REAL-TIME. THESE INCLUDE AI GOVERNANCE, AI AND BIAS, AND AI AND NATIONAL SECURITY.THE RUBENSTEIN FELLOWSHIP IS A TWO-YEAR FELLOWSHIP THAT BRINGS A DIVERSE GROUP OF RISING STARS TO THE BROOKINGS COMMUNITY, STRENGTHENING THE BREADTH OF OUR RESEARCH AND PERSPECTIVES IN KEY AREAS OF POLICY. THIS YEAR BROOKINGS BROUGHT ON ITS SECOND COHORT OF FELLOWS.BROOKINGS'S OVERSEAS OFFICES IN BEIJING, DOHA, AND DELHI PROVIDE INSTITUTIONAL PLATFORMS FOR ENGAGEMENT INCLUDING POLICY RESEARCH ON ECONOMIC, POLITICAL AND SOCIAL ISSUES. ON APRIL 2, 2020, BROOKINGS ANNOUNCED ITS DECISION TO TRANSITION ITS RELATIONSHIP WITH THE BROOKINGS INSTITUTION INDIA CENTER (BIIC), AN INDEPENDENT RESEARCH ENTITY IN NEW DELHI. BIIC WAS ESTABLISHED IN 2013, IN ACCORDANCE WITH INDIAN LAW, AS AN INDEPENDENT ENTITY AFFILIATED WITH BROOKINGS. BROOKINGS IS PROUD OF THE TREMENDOUS IMPACT THAT BIIC SCHOLARS HAVE WITHIN INDIA AND AROUND THE WORLD. INDIA REMAINS A CRUCIAL AREA OF RESEARCH AND INTEREST FOR BROOKINGS, AND OUR SCHOLARS AND AFFILIATES WILL CONTINUE TO ADVANCE THEIR IMPORTANT WORK ON INDIA POLICY ACROSS A RANGE OF SECTORS. THE FINANCIAL SEPARATION WAS EFFECTIVE AS OF MARCH 31, 2020, WHILE ALL OTHER CHANGES WILL NEED TO BE IMPLEMENTED BY SEPTEMBER 11, 2020, WHEN BIIC WILL CEASE TO EXIST AND THE NEW INDEPENDENT CENTER WILL BE CALLED THE CENTER FOR SOCIAL AND ECONOMIC PROGRESS. THE BROOKINGS MOUNTAIN WEST INITIATIVE IS A PARTNERSHIP BETWEEN BROOKINGS AND THE UNIVERSITY OF NEVADA, LAS VEGAS (UNLV), IN WHICH BROOKINGS SCHOLARS FROM ALL FIVE RESEARCH PROGRAMS ENGAGE WITH STUDENTS AND FACULTY TO WORK ON INNOVATIVE POLICY SOLUTIONS FOR THE CITY, REGION, NATION, AND BEYOND. THROUGH THE BROOKINGS CURRICULUM AT UNIVERSITY OF NEVADA, LAS VEGAS AND THE BROOKINGS MINOR, STUDENTS RECEIVE DETAILED INSTRUCTION ON HOW THE PUBLIC POLICY AGENDA IS SET, HOW MAJOR PUBLIC DEBATES ARE SHAPED, AND HOW POLICY DETAILS ARE DESIGNED AND IMPLEMENTED. THIS YEAR, NINE BROOKINGS SCHOLARS VISITED UNLV TO TEACH COURSES AND ENGAGE WITH THE UNLV COMMUNITY. 1470020 1491197 BROOKINGS PRESS:THE BROOKINGS PRESS PUBLISHES PUBLIC POLICY RESEARCH FROM BROOKINGS' OWN SCHOLARS AS WELL AS OTHER AUTHORS. THESE PUBLICATIONS PROVIDE EXTENSIVE BACKGROUND AND INSIGHT ON IMPORTANT PUBLIC POLICY ISSUES IN BUSINESS, ECONOMICS, GOVERNMENT AND INTERNATIONAL AFFAIRS. 1676668 COMMUNICATIONS AND WEB:THE COMMUNICATIONS DEPARTMENT DISSEMINATES INFORMATION ABOUT BROOKINGS, ITS SCHOLARS AND RESEARCH, AND THE ARRAY OF RESOURCES THAT BROOKINGS OFFERS. COMMUNICATIONS OVERSEES THE COMMENTARY AND ANALYSIS THAT APPEAR ON THE BROOKINGS' WEBSITE (WWW.BROOKINGS.EDU) AND THAT ARE DISTRIBUTED THROUGH BROOKINGS'S SOCIAL MEDIA CHANNELS AND OTHER DIGITAL COMPONENTS OF OUTREACH AND EDUCATION. THE DEPARTMENT SUPPORTS THE RESEARCH PROGRAMS BY PROVIDING VIDEO, GRAPHIC DESIGN AND OTHER MULTIMEDIA SERVICES, AND INTERACTS WITH MEDIA FOR THE PURPOSES OF ARRANGING INTERVIEWS AND REPUBLISHING CONTENT. IT ALSO HOUSES THE ORGANIZATION'S PUBLISHING HOUSE, BROOKINGS INSTITUTION PRESS. 27307900 515587 1717599 70331843 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 0 1 1 1 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 399 0 1 573 1 1 1 1 QA IN 0 0 0 0 0 0 0 0 1 0 X 44 44 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR CA FL GA HI IL KS KY MA MD MI MS MN NC NJ NH NM NY OR PA RI SC TN UT VA WI WV ND X X IRENA BARISIC & ELIZABETH GROSS 2027976000 1775 MASSACHUSETTS AVE NW WASHINGTON DC 20036 JOHN ALLEN PRESIDENT 40.00 X 1043188 0 75890 TED GAYER EXECUTIVE VICE PRESIDENT 40.00 X 480468 0 52100 WILLIAM G GALE SR FELLOW & DIR, TAX POLICY EFF 6/1/2020 40.00 X 452960 0 55085 DARRELL M WEST VP & DIR OF GOVERNANCE STUDIES 40.00 X 363981 0 65755 CATHERINE A PIEZ CHIEF INVESTMENT OFFICER 40.00 X 343293 0 57271 AMY LIU WITMER VP & DIR, METROPOLITAN POLICY 40.00 X 351650 0 40275 IRENA BARISIC VP, CFO, ASST TREASURER 40.00 X 339285 0 39950 STEPHANIE R AARONSON VP & DIR OF ECONOMIC STUDIES 40.00 X 327097 0 38820 N STROBE TALBOTT FORMER PRESIDENT, DIST. FELLOW THRU 1/31/2020 40.00 X 304625 0 57390 DAVID WESSEL SR FELLOW & DIR, HUTCHINS EFF 2/1/2020 40.00 X 302839 0 58749 HOMI J KHARAS INTERIM VP GLOBAL THRU 5/31/2020 40.00 X 315934 0 33600 BRUCE JONES VP & DIR, FOREIGN POLICY THRU 1/31/2020 40.00 X 296183 0 37766 MARTIN BAILY SENIOR FELLOW 40.00 X 266321 0 54126 KEMAL DERVIS SENIOR FELLOW 40.00 X 282359 0 33600 JACQUELINE BASILE VP & CHIEF HUMAN RESOURCES OFFICER 40.00 X 283253 0 31513 MICHAEL CAVADEL VP, GEN COUNSEL, ASST SECRETARY 40.00 X 237377 0 52243 BRAHIMA COULIBALY VP & DIRECTOR, GLOBAL EFFECTIVE 6/1/2020 40.00 X 232924 0 45180 SUZANNE MALONEY INTERIM VP & DIR. FP EFF 2/1/2020 40.00 X 209539 0 52586 JENNIFER BERLIN VP, STRATEGY AND OPERATIONS 40.00 X 227691 0 17044 DAVID PORTER FORMER, ASST. TREASURER 40.00 X 203480 0 5279 GLENN H HUTCHINS CO-CHAIR OF THE BOARD 4.00 X X 0 0 0 SUZANNE NORA JOHNSON CO-CHAIR OF THE BOARD 4.00 X X 0 0 0 ARTHUR R COLLINS VICE CHAIR OF BOARD 3.00 X X 0 0 0 LEONARD D SCHAEFFER VICE CHAIR OF BOARD 3.00 X X 0 0 0 CHERYL COHEN EFFRON VC, NOMINATIONS & GOV, TREASURER 3.00 X X 0 0 0 TRACY R WOLSTENCROFT SECRETARY OF THE BOARD 3.00 X X 0 0 0 ROBERT J ABERNETHY VC OF DEVELOPMENT COMMITTEE 3.00 X 0 0 0 PAUL M ACHLEITNER TRUSTEE 2.00 X 0 0 0 PETER BARRIS TRUSTEE 2.00 X 0 0 0 ROBERT M BASS TRUSTEE 2.00 X 0 0 0 DAVID C BOHNETT TRUSTEE 2.00 X 0 0 0 HANZADE DOGAN BOYNER TRUSTEE THRU 6/5/20 2.00 X 0 0 0 PAUL L CEJAS TRUSTEE THRU 6/5/20 2.00 X 0 0 0 W EDMUND CLARK TRUSTEE 2.00 X 0 0 0 ABBY JOSEPH COHEN TRUSTEE; CHAIR OF INVESTMENT COMMITTEE 3.00 X 0 0 0 BETSY Z COHEN TRUSTEE 2.00 X 0 0 0 SUSAN CROWN TRUSTEE 2.00 X 0 0 0 JASON CUMMINS TRUSTEE 2.00 X 0 0 0 ALAN M DACHS NON-FIDUCIARY SENIOR TRUSTEE AS OF NOVEMBER 8, 201 2.00 X 0 0 0 FENG DENG TRUSTEE THRU 11/8/2019 2.00 X 0 0 0 PAUL DESMARAIS JR TRUSTEE 2.00 X 0 0 0 ALFONSO FANJUL TRUSTEE 2.00 X 0 0 0 BART FRIEDMAN TRUSTEE; CHAIR OF THE AUDIT COMMITTEE 3.00 X 0 0 0 ELLEN V FUTTER TRUSTEE; CHAIR OF NOMINATIONS & GOV. COMMITTEE 3.00 X 0 0 0 HELENE GAYLE TRUSTEE 2.00 X 0 0 0 DAVID J GRAIN TRUSTEE 2.00 X 0 0 0 BRIAN L GREENSPUN TRUSTEE THRU 6/5/2020 2.00 X 0 0 0 PETE HIGGINS TRUSTEE; CHAIR OF DEVELOPMENT COMMITTEE 3.00 X 0 0 0 VICTOR L HYMES TRUSTEE; VC OF BUDGET & FINANCE COMMITTEE 3.00 X 0 0 0 BENJAMIN R JACOBS TRUSTEE 2.00 X 0 0 0 KENNETH M JACOBS TRUSTEE 2.00 X 0 0 0 TOM KAPLAN TRUSTEE 2.00 X 0 0 0 HOSEIN KHAJEH-HOSSEINY TRUSTEE 2.00 X 0 0 0 PHILIP M KNIGHT TRUSTEE 2.00 X 0 0 0 SARA GROOTWASSINK LEWIS TRUSTEE; VC OF THE AUDIT COMMITTEE 3.00 X 0 0 0 CATHY MINEHAN TRUSTEE; CHAIR OF COMPENSATION COMMITTEE 3.00 X 0 0 0 ADITYA MITTAL TRUSTEE 2.00 X 0 0 0 LAXMAN NARASIMHAN TRUSTEE 2.00 X 0 0 0 BRIAN ROGERS TRUSTEE; VC OF INVESTMENT COMMITTEE 3.00 X 0 0 0 NICOLE PULLEN ROSS TRUSTEE 2.00 X 0 0 0 NEIL SHEN TRUSTEE THRU 11/8/2019 2.00 X 0 0 0 ARNE M SORENSON TRUSTEE; CHAIR OF BUDGET & FINANCE COMMITTEE 3.00 X 0 0 0 JOE STRAUSS III TRUSTEE 2.00 X 0 0 0 LEE J STYSLINGER III TRUSTEE 2.00 X 0 0 0 KRISHEN SUD TRUSTEE 2.00 X 0 0 0 ANDREW TISCH TRUSTEE 2.00 X 0 0 0 E ERIC TOKAT TRUSTEE 2.00 X 0 0 0 ANTOINE W VAN AGTMAEL TRUSTEE 2.00 X 0 0 0 DAVID WEINBERG TRUSTEE 2.00 X 0 0 0 BEATRICE W WELTERS TRUSTEE 2.00 X 0 0 0 JOHN H WHITE JR TRUSTEE THRU 6/5/2020 2.00 X 0 0 0 6864447 0 904222 174 1 1 0 SODEXO INC & AFFILIATES PO BOX 536922 ATLANTA GA 303536922 FOOD SERVICES & CAFETERIA & FACILITIES M 1129776 RESULTS FOR DEVELOPMENT INSTITUTE INC 1875 CONNECTICUT AVE NW WASHINGTON DC 20009 FACILITIES MANAGEMENT - NON-PROFIT 893815 DONOHOE CONSTRUCTION COMPANY 7101 WISCONSIN AVENUE BETHESDA MD 20814 REAL ESTATE, CONSTRUCTION 857760 ACCENTURE LLP PO BOX 70629 CHICAGO IL 60673 GLOBAL MGMT, CONSULTING & TECHNOLOGY SVC 831017 CITY SECURITY CONSULTANTS INC 2010 KENDALL STREET NE WASHINGTON DC 20002 SECURITY & SAFETY TRAINING 705368 35 859544 62182433 1791863 63041977 RESEARCH 900099 1124071 1124071 1124071 4204899 4204899 41782 60036 -18254 -18254 -18254 110098409 101984621 2910 8113788 -2910 8110878 8110878 1491197 458201 1032996 1041234 -8238 CAFETERIA INCOME 900099 1621213 1621213 OTHER INCOME 900099 277875 277875 1899088 79395655 2165305 -8238 14196611 X 396235 396235 419752 419752 6106063 2937695 2840915 327453 35803179 27884269 6824932 1093978 4696765 4696765 11198230 15176099 -4692869 715000 3155881 3155881 236775 33302 203473 200644 47031 153428 185 51600 51600 1623030 1623030 12562274 10302494 2143048 116732 170448 150484 495 19469 1406448 676409 631632 98407 2494533 999092 1476275 19166 2432074 6432058 -4360540 360556 1791153 1532193 165013 93947 27232 27232 1882762 1697157 24408 161197 1087650 1087650 3080628 379189 2701439 384074 20795 363279 OTHER DIRECT COSTS 2301894 458823 1822034 21037 PUBLISHING 508581 489761 2981 15839 REPAIR/MAINTENANCE 497834 22080 475754 BAD DEBT 400295 249693 150602 27432 27432 94943466 70331843 21517057 3094566 28931511 24872409 13296059 74697770 76662789 63308682 327492 156342 114665 102401 1549715 1160402 81070624 53350431 29718515 27720193 152878319 185572781 224090137 113957384 1554457 999414 529123659 492547778 8702975 7754671 1146892 1299419 45049972 44623945 2874448 2905579 57774287 56583614 X 225150653 207949947 246198719 228014217 471349372 435964164 529123659 492547778 X -15547811 -19456169 -381228 X 0 1 X 1 0 X 90539102 96843646 65378153 78430045 63041977 394232923 90539102 96843646 65378153 78430045 63041977 394232923 30942166 363290757 3589797 4282665 4379193 5024382 4246681 21522718 2499517 2277314 2618673 2599707 1899088 11894299 427649940 10531087 0.84950 0.81630 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: CAFETERIA - 2015 AMOUNT: $ 2,332,134. 2016 AMOUNT: $ 2,167,186. 2017 AMOUNT: $ 2,350,662. 2018 AMOUNT: $ 2,358,488. 2019 AMOUNT: $ 1,621,213. OTHER INCOME - 2015 AMOUNT: $ 167,383. 2016 AMOUNT: $ 110,128. 2017 AMOUNT: $ 268,011. 2018 AMOUNT: $ 241,219. 2019 AMOUNT: $ 277,875. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 268418 X 0 471042888 61154047 -8233684 88918479 1496742 433548030 476093348 6715783 7360966 17596458 1530751 471042888 468522658 62516766 35621240 89209102 1358214 476093348 417895359 18324115 48993345 15341592 1348569 468522658 425725267 7474568 961390 15098080 1167786 417895359 0.47410 0.22900 0.29690 0 0 4155620 4155620 53214925 32366524 20848401 19108942 17161012 1947930 4591137 3822895 768242 27720193 113957384 F 113957384 ACCRUED POST-RETIREMENT BENEFIT OBLIGATION 1304000 DEFERRED RENT EXPENSE PAYABLE 710468 DEFERRED COMPENSATION 891111 2905579 X 58351176 -19456169 6250 -17347 -19467266 77818442 2035414 -458201 1577213 79395655 93372503 6250 458201 464451 92908052 2035414 2035414 94943466 PART III, LINE 4: BROOKINGS PHOTOGRAPHY COLLECTION WAS DONATED TO ENHANCE THE FACILITIES WHERE BROOKINGS SCHOLARS MEET WITH OTHER KEY PEOPLE IN THE PUBLIC POLICY WORLD. THIS CONTRIBUTES TO AN ATMOSPHERE THAT PROMOTES CONVERSATION AND INTERACTION. PART V, LINE 4: BROOKINGS CAREFULLY BALANCES ITS FUNDING TO RESPOND TO CURRENT POLICY ISSUES AS WELL AS UNDERTAKE LONG-TERM RESEARCH PROJECTS. AS NEW CHALLENGES EMERGE, THE ENDOWMENT IS USED TO MAKE NEW RESEARCH PROJECTS POSSIBLE, SUPPORTING CORE ADMINISTRATIVE COSTS, AS WELL AS, SCHOLAR-DRIVEN RESEARCH. PART X, LINE 2: BROOKINGS IS EXEMPT FROM FEDERAL INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND HAS BEEN DESIGNATED BY THE IRS AS A PUBLICLY SUPPORTED ORGANIZATION UNDER SECTION 509(A)(1) OF THE CODE. BROOKINGS ENGAGES IN CERTAIN ACTIVITIES THAT PRODUCE UNRELATED BUSINESS INCOME, AS DEFINED BY FEDERAL INCOME TAX REGULATIONS. WHEN TAX RETURNS ARE FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHERS ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD BE ULTIMATELY SUSTAINED. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS TAKEN ARE NOT OFFSET OR AGGREGATED WITH OTHER POSITIONS. TAX POSITIONS THAT MEET THE MORE LIKELY THAN NOT RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. THE PORTION OF THE BENEFITS ASSOCIATED WITH TAX POSITIONS TAKEN THAT EXCEEDS THE AMOUNT MEASURED AS DESCRIBED ABOVE IS REFLECTED AS A LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING CONSOLIDATED STATEMENT OF FINANCIAL POSITION, ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. BROOKINGS FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. AS OF JUNE 30, 2020, AND FOR THE YEAR THEN ENDED, THERE WERE NO MATERIAL UNRECOGNIZED/DERECOGNIZED TAX BENEFITS OR TAX PENALTIES OR INTEREST. GENERALLY, BROOKINGS IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE FISCAL YEAR 2017. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN/(LOSS) ON FOREIGN CURRENCY EXCHANGE -17,347. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED ON PART VIII, LINE 10B -458,201. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED ON PART VIII, LINE 10B 458,201. 1 EAST ASIA AND THE PACIFIC 1 1 PROGRAM SERVICES, FUNDRAISING ACTIVITIES, MAINTAINING OFFICES PUBLIC POLICY RESEARCH 6141 MIDDLE EAST AND NORTH AFRICA 1 14 PROGRAM SERVICES, FUNDRAISING ACTIVITIES, MAINTAINING OFFICES PUBLIC POLICY RESEARCH 4405630 SOUTH ASIA 1 26 PROGRAM SERVICES, FUNDRAISING ACTIVITIES, MAINTAINING OFFICES PUBLIC POLICY RESEARCH 1206742 EAST ASIA AND THE PACIFIC 0 0 GRANT TO RECIPIENTS LOCATED IN REGION 55726 MIDDLE EAST AND NORTH AFRICA 0 0 GRANT TO RECIPIENTS LOCATED IN REGION 364027 3 41 0 0 3 41 6038266 0 6038266 EAST ASIA AND THE PACIFIC PROGRAM SERVICES 55726 WIRE TRANSFER 1 PROGRAM ASSISTANCE MIDDLE EAST AND NORTH AFRICA 11 194799 CHECK OR WIRE 169228 HOUSING ALLOWANCE BOOK 1 0 1 0 1 1 PART I, LINE 2: THE BROOKINGS INSTITUTION MAINTAINS RECORDS OF HOW GRANT FUNDS ARE USED AND VERIFIES THROUGH REGULAR REPORTS AND COMMUNICATIONS THAT GRANTS ARE USED IN A WAY CONSISTENT WITH THEIR ORIGINAL PURPOSE. PART III ACCOUNTING METHOD: X X X X X X 1 JENNY CHIANG EDUCATION CONSULTANTS LLC 1404 ROMEO COURT MCLEAN VA 22102 FUNDRAISING CONSULTANT 0 0 51600 -51600 51600 -51600 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI 1 FELLOWSHIP STIPENDS 11 396235 PART I, LINE 2: BROOKINGS DOES NOT ISSUE GRANTS TO OTHER ORGANIZATIONS. BROOKINGS DOES ISSUE FELLOWSHIP STIPENDS TO INDIVIDUALS. THESE DISBURSEMENTS ARE MONITORED AS THE INDIVIDUALS ARE GENERALLY RESIDENTS AT BROOKINGS AND THEIR WORK IS SUPERVISED BY THEIR BROOKINGS ADVISOR. X X X X X 1 0 0 0 0 0 0 1 0 JOHN ALLEN PRESIDENT 809355 0 164800 0 69033 0 52100 0 24872 0 1120160 0 0 0 TED GAYER EXECUTIVE VICE PRESIDENT 428724 0 31000 0 20744 0 52100 0 3746 0 536314 0 0 0 WILLIAM G GALE SR FELLOW & DIR, TAX POLICY EFF 6/1/ 413996 0 20850 0 18114 0 33600 0 22350 0 508910 0 0 0 DARRELL M WEST VP & DIR OF GOVERNANCE STUDIES 333867 0 20000 0 10114 0 41965 0 24656 0 430602 0 0 0 CATHERINE A PIEZ CHIEF INVESTMENT OFFICER 327928 0 8000 0 7365 0 33600 0 25257 0 402150 0 0 0 AMY LIU WITMER VP & DIR, METROPOLITAN POLICY 328950 0 15800 0 6900 0 40275 0 866 0 392791 0 0 0 IRENA BARISIC VP, CFO, ASST TREASURER 314032 0 20000 0 5253 0 38718 0 6017 0 384020 0 0 0 STEPHANIE R AARONSON VP & DIR OF ECONOMIC STUDIES 306232 0 15800 0 5065 0 38320 0 11057 0 376474 0 0 0 N STROBE TALBOTT FORMER PRESIDENT, DIST. FELLOW THRU 300358 0 0 0 4267 0 33600 0 24656 0 362881 0 0 0 DAVID WESSEL SR FELLOW & DIR, HUTCHINS EFF 2/1/20 293848 0 5000 0 3991 0 33600 0 26675 0 363114 0 0 0 HOMI J KHARAS INTERIM VP GLOBAL THRU 5/31/2020 301493 0 10000 0 4441 0 33600 0 3746 0 353280 0 0 0 BRUCE JONES VP & DIR, FOREIGN POLICY THRU 1/31/2 291623 0 0 0 4560 0 36000 0 7848 0 340031 0 0 0 MARTIN BAILY SENIOR FELLOW 254944 0 10450 0 927 0 31744 0 26128 0 324193 0 0 0 KEMAL DERVIS SENIOR FELLOW 280870 0 0 0 1489 0 33600 0 3746 0 319705 0 0 0 JACQUELINE BASILE VP & CHIEF HUMAN RESOURCES OFFICER 262608 0 20000 0 645 0 31513 0 866 0 315632 0 0 0 MICHAEL CAVADEL VP, GEN COUNSEL, ASST SECRETARY 221725 0 10800 0 4852 0 28275 0 27714 0 293366 0 0 0 BRAHIMA COULIBALY VP & DIRECTOR, GLOBAL EFFECTIVE 6/1/ 227699 0 5000 0 225 0 20212 0 27514 0 280650 0 0 0 SUZANNE MALONEY INTERIM VP & DIR. FP EFF 2/1/2020 205194 0 4000 0 345 0 25297 0 31034 0 265870 0 0 0 JENNIFER BERLIN VP, STRATEGY AND OPERATIONS 212556 0 15000 0 135 0 12650 0 5260 0 245601 0 0 0 DAVID PORTER FORMER, ASST. TREASURER 40921 0 0 0 162559 0 0 0 5863 0 209343 0 0 0 PART I, LINE 4A DAVID PORTER RECEIVED SEVERANCE PAYMENT IN THE AMOUNT OF $125,000 AND THE AMOUNT IS REPORTED IN SCHEDULE J, PART II, COLUMN B(III). PART I, LINE 7 BONUSES ARE DISCRETIONARY AND ARE BASED ON INSTITUTIONAL AFFORDABILITY, AS DETERMINED ANNUALLY BY THE PRESIDENT. A DISTRICT OF COLUMBIA VARIABLE RATE REVENUE BONDS SERIES 2020 536001131 2020-05-21 44952570 MODIFICATION OF 2015 SERIES BOND 0 0 0 A 44952570 330000 44622570 0 1 1 1 A 0 1 1 1 0 0.00900 0.00000 0.00900 0 0 1 A 0 1 0 0 1 0 0 0 1 A 1 X 14 1791863 FMV 0 1 0 PART I, COLUMN (B): USING A COMBINATION OF THE TWO METHODS ABOVE FORM 990, PAGE 2, PART III, MISSION STATEMENT THE BROOKINGS INSTITUTION (BROOKINGS) IS A NONPROFIT PUBLIC POLICY ORGANIZATION THAT CONDUCTS IN-DEPTH, INDEPENDENT RESEARCH WITH THE GOAL OF IMPROVING GOVERNANCE AND SOLVING PROBLEMS FACING SOCIETY AT THE LOCAL, NATIONAL AND GLOBAL LEVEL. BROOKINGS ACHIEVES IMPACT BY PROVIDING POLICY ANALYSIS AND RECOMMENDATIONS ON PRESSING POLICY CHALLENGES, WHICH ARE DISSEMINATED THROUGH REPORTS, BOOKS, MEDIA APPEARANCES, OP-EDS, BLOG POSTS, CONGRESSIONAL TESTIMONY, PUBLIC AND PRIVATE EVENTS, AND OPINION PIECES POSTED ON BROOKINGS'S WEBSITE, AS WELL AS BRIEFINGS FOR POLICYMAKERS AND THEIR STAFFS. BROOKINGS HAS OVERSEAS CENTERS IN QATAR AND CHINA. ON APRIL 2, 2020, BROOKINGS ANNOUNCED ITS DECISION TO TRANSITION ITS RELATIONSHIP WITH THE BROOKINGS INSTITUTION INDIA CENTER (BIIC), AN INDEPENDENT RESEARCH ENTITY IN NEW DELHI, INDIA. THE FINANCIAL SEPARATION WAS EFFECTIVE AS OF MARCH 31, 2020, WHILE ALL OTHER CHANGES WILL NEED TO BE IMPLEMENTED BY SEPTEMBER 11, 2020, WHEN BIIC WILL CEASE TO EXIST AND THE NEW INDEPENDENT CENTER WILL BE CALLED THE CENTER FOR SOCIAL AND ECONOMIC PROGRESS. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES HAS APPOINTED THE AUDIT COMMITTEE OF THE BOARD AS THE RESPONSIBLE BOARD PARTY FOR REVIEWING THE FORM 990 AND 990T EACH YEAR STARTING WITH THE FISCAL YEAR ENDED JUNE 30, 2009. ONCE THE FORM HAS BEEN COMPLETED IT IS REVIEWED INTERNALLY BY THE PRESIDENT, THE CHIEF FINANCIAL OFFICER, THE GENERAL COUNSEL, AND OTHER MEMBERS OF THE SENIOR STAFF, ALONG WITH THE AUDIT COMMITTEE. ONCE THOSE REVIEWS ARE COMPLETED AND THE DOCUMENT HAS BEEN APPROVED, IT IS SENT TO ALL VOTING MEMBERS OF THE BOARD OF TRUSTEES BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, BROOKINGS PERSONNEL ARE REQUIRED TO COMPLETE A DISCLOSURE AND ACKNOWLEDGMENT FORM RELATED TO THE INSTITUTION'S CONFLICT OF INTEREST POLICY. SPECIFICALLY, ALL EMPLOYEES AND RESIDENT AFFILIATES ARE REQUIRED TO: - ACKNOWLEDGE THAT THEY HAVE READ, UNDERSTOOD, AND ARE COMMITTED TO ABIDING BY THE INSTITUTION'S CONFLICT OF INTEREST POLICY AS WELL AS CERTAIN OTHER INSTITUTIONAL POLICIES; AND - MAKE CERTAIN DISCLOSURES ABOUT THEIR OUTSIDE ACTIVITIES AND FINANCES TO HELP IDENTIFY CONFLICTS OF INTEREST. ALL FORMS ARE SUBMITTED TO THE OFFICE OF THE GENERAL COUNSEL, WHICH REVIEWS THEM AND HAS DISCRETION TO MAKE RECOMMENDATIONS OR RAISE CONCERNS WITH RELEVANT INDIVIDUALS AS APPROPRIATE. THE BOARD OF TRUSTEES IS REQUIRED TO COMPLETE AN ANNUAL QUESTIONNAIRE AND CONFLICT OF INTEREST AFFIRMATION THAT: - CONFIRMS THEIR RECEIPT, UNDERSTANDING, AND COMPLIANCE WITH THE INSTITUTION'S POLICY STATEMENT ON TRUSTEE AND NON-TRUSTEE COMMITTEE MEMBER CONFLICT OF INTEREST AND THE INVESTMENT CONFLICT OF INTEREST POLICY, AMONG OTHER INSTITUTIONAL POLICIES; AND - DISCLOSES RELEVANT INFORMATION ABOUT THEIR FAMILY AND BUSINESS RELATIONSHIPS, TRANSACTIONS AND LOANS, AND OTHER RELEVANT RELATIONSHIPS WITH BROOKINGS. ISSUES INVOLVING CONFLICTS OF INTEREST ARE RESOLVED BY THE GENERAL COUNSEL, IN CONSULTATION WITH OTHER MEMBERS OF SENIOR MANAGEMENT, AS APPROPRIATE. THE GENERAL COUNSEL REGULARLY CONFERS WITH THE CHAIR OF THE AUDIT COMMITTEE REGARDING THE INSTITUTION'S CONFLICT OF INTEREST POLICY AND OTHER CONFLICT OF INTEREST ISSUES. CONFLICT OF INTEREST ISSUES INVOLVING TRUSTEES MAY BE REFERRED TO THE AUDIT COMMITTEE CHAIR, THE FULL AUDIT COMMITTEE, AND/OR THE BOARD CO-CHAIRS, AS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 THE INSTITUTION'S BYLAWS PROVIDE FOR A COMPENSATION COMMITTEE CONSISTING OF NOT FEWER THAN FIVE TRUSTEES, INCLUDING THE CHAIR (OR CO-CHAIRS) OF THE BOARD OF TRUSTEES, AND AT LEAST THREE OTHER TRUSTEES WHO SHALL BE NOMINATED BY THE CHAIR (OR CO-CHAIRS) OF THE BOARD AND DETERMINED BY THE BOARD TO BE FREE OF ANY CONTRACTUAL OR OTHER RELATIONSHIPS THAT WOULD PUT INTO QUESTION THE EXERCISE OF HIS OR HER INDEPENDENT JUDGMENT. THE COMPENSATION COMMITTEE HAS THE AUTHORITY TO SET THE SALARY OF THE PRESIDENT AND SUCH OTHER OFFICERS, MANAGERS, OR EMPLOYEES AS THE EXECUTIVE COMMITTEE OR AUDIT COMMITTEE RECOMMENDS BE SET BY THE COMPENSATION COMMITTEE AND IN ACCORDANCE WITH ANY BOARD-ADOPTED COMPENSATION POLICY. IN SETTING SUCH SALARIES, THE COMPENSATION COMMITTEE ASKS THE VICE PRESIDENT, CHIEF HUMAN RESOURCES OFFICER TO GATHER RELEVANT SALARY COMPARABILITY DATA AND RECORD COMMITTEE MINUTES WHICH CLEARLY DOCUMENT THE COMMITTEE'S DECISIONS AND THE RATIONALE UNDERLYING SUCH DECISIONS. THE COMMITTEE USES AN OUTSIDE CONSULTANT TO ESTABLISH SALARY COMPARABLES AND TO DETERMINE THE REASONABLENESS OF THE COMPENSATION RECEIVED BY ALL DISQUALIFIED PERSONNEL. FORM 990, PART VI, SECTION C, LINE 19 BROOKINGS MAKES THE RELEVANT DOCUMENTS AVAILABLE TO THE PUBLIC AS FOLLOWS: - BROOKINGS'S CONFLICT OF INTEREST POLICY, AS WELL AS SUMMARIES OF OTHER KEY POLICIES ARE AVAILABLE ON ITS WEBSITE; - BROOKINGS'S AUDITED FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON ITS WEBSITE; AND - BROOKINGS'S WEBSITE PROVIDES A LINK TO GUIDESTAR.ORG TO PROVIDE THE FORM 990. FORM 990, PART IX, LINE 11G CONTACTS/PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 7,353,325. MANAGEMENT AND GENERAL EXPENSES 1,685,748. FUNDRAISING EXPENSES 53,313. TOTAL EXPENSES 9,092,386. QUALIFIED SUBCONTACTS: PROGRAM SERVICE EXPENSES 2,353,222. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,353,222. TEMPORARY HELP: PROGRAM SERVICE EXPENSES 595,947. MANAGEMENT AND GENERAL EXPENSES 457,300. FUNDRAISING EXPENSES 63,419. TOTAL EXPENSES 1,116,666. FORM 990, PART XI, LINE 9: GAIN/(LOSS) ON FOREIGN CURRENCY EXCHANGE -17,347. EFFECT OF ADOPTION PROVISIONS SFAS NO. 158 -40,000. LOSS ON BOND DEBT RE-FINANCING -274,787. WRITE OFF INDIA PLC SHARES -9,530. WRITE OFF INDIA PLC DUE FROM INDIA -39,564. BROOKINGS CENTER - DOHA PO BOX 22694 DOHA QA ANALYSIS AND RESEARCH QA THE BROOKINGS INSTITUTION 1 BROOKINGS INDIA PRIVATE LIMITED 1568 CHURCH ROAD KASHMERE GATE NEW DELHI IN 110006 ANALYSIS AND RESEARCH IN THE BROOKINGS INSTITUTION C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0