2020-04-21T10:00:37-05:00 2019-06-30 420714325 RSM US LLP 9801 WASHINGTONIAN BLVD STE 500 GAITHERSBURG MD 20878 990 2018-07-01 530196577 THE BROOKINGS INSTITUTION BROO 2027976000 1775 MASSACHUSETTS AVE NW WASHINGTON DC 20036 IRENA BARISIC VP,CFO,ASST TREASURER 2027976000 2020-03-12 1 WILLIAM E TURCO CPA P00369217 3012963600 66.98.98.134 2020-03-12 10:43:11 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 00BFBB601F26E6691F3C42FDB75EEBE807206D5E 2018 2020-09-22 18:59:49Z JOHN R ALLEN 1775 MASSACHUSETTS AVE NW WASHINGTON DC 20036 151692796 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. 46 46 634 46 -413502 0 65378153 78330045 555991 469961 26858277 20873559 4094511 4178773 96886932 103852338 925422 1051112 0 0 61436985 60093598 0 0 3494874 36595335 33768776 98957742 94913486 -2070810 8938852 531518789 529123659 56735672 57774287 474783117 471349372 X SEE SCHEDULE O 0 0 16140923 295138 330715 FOREIGN POLICY STUDIES:OVER THE PAST YEAR, SCHOLARS IN THE FOREIGN POLICY PROGRAM HAVE WORKED BEHIND THE SCENES TO INFORM MAJOR U.S., MULTILATERAL AND ALLIED GOVERNMENT STAKEHOLDERS ON NAVIGATING A LITANY OF CHALLENGES FACING THE MULTILATERAL SYSTEM AND LIBERAL INTERNATIONAL ORDER.A MAJOR GOAL OF THE BROOKINGS FOREIGN POLICY PROGRAM IS TO HELP ENSURE THAT DEMOCRACY REMAINS COMPETITIVE IN AN INTERNATIONAL ORDER IN WHICH AN AUTHORITARIAN ALTERNATIVE IS NOW INCREASINGLY INFLUENTIAL AND VIABLE. TO INFORM POLICYMAKERS AND THE PUBLIC, THE FOREIGN POLICY PROGRAM DREW FROM THE EXPERTISE OF ITS RESIDENT AND NONRESIDENT FELLOWS TO PRODUCE A REPORT AND SYMPOSIUM IN FEBRUARY 2019 ON "DEMOCRACY AND DISORDER: THE STRUGGLE FOR INFLUENCE IN THE NEW GEOPOLITICS." THE REPORT AND SYMPOSIUM RECEIVED SIGNIFICANT ATTENTION AND UPTAKE FROM THE POLICY COMMUNITY, INCLUDING U.S. SENATOR JEANNE SHAHEEN (D-NH) AND REPRESENTATIVE ADAM SCHIFF (D-CA), EACH OF WHOM ADDRESSED KEY FINDINGS FROM THE REPORT IN THEIR REMARKS DURING THE SYMPOSIUM. INTERLOCUTORS IN THE WHITE HOUSE AND STATE DEPARTMENT POLICY PLANNING OFFICE CONFIRMED TO VICE PRESIDENT AND DIRECTOR OF FOREIGN POLICY BRUCE JONES THAT THE REPORT WAS WIDELY READ AND USED BY THOSE SEEKING TO RETAIN A FOCUS ON VALUES IN AMERICAN DIPLOMACY. SCHOLARS ALSO BRIEFED THE REPORT TO CONGRESS, TO LEADING CIVIL SOCIETY INSTITUTIONS, AND TO THE FOREIGN MINISTRIES OF GERMANY, CANADA, AND JAPAN. STEPHEN & BARBARA FRIEDMAN SENIOR FELLOW ROBERT KAGAN'S CONTRIBUTION TO THE REPORT, "THE STRONGMEN STRIKE BACK," WAS ALSO PUBLISHED AS AN ESSAY IN THE WASHINGTON POST AND RANKS AMONG THE MOST VIEWED OPINION ESSAYS IN THE POST'S HISTORY. THAT ESSAY BUILT ON KAGAN'S SEMINAL BOOK, THE JUNGLE GROWS BACK, PUBLISHED IN FY19, WHICH HAS BEEN CITED BY CANADIAN FOREIGN MINISTER CHRYSTIA FREELAND, GERMAN FOREIGN MINISTER HEIKO MAAS, AND DUTCH PRIME MINISTER MARK RUTTE AS A DEFINING GUIDE TO WESTERN STRATEGIES TO DEFEND LIBERAL VALUES IN THE INTERNATIONAL ORDER. TACKLING DANGEROUS CHANGES TO THE INTERNATIONAL ORDER IS ALSO THE FOCUS OF THE FOREIGN POLICY PROGRAM'S WORK IN ASIA. FROM 1940-1980, ASIA WAS THE MOST WAR-TORN CONTINENT IN THE WORLD. BY CONTRAST WITH THE EXCEPTION OF VIETNAM'S OCCUPATION OF CAMBODIA IN THE 1980SASIA HAS BEEN ONE OF THE WORLD'S MOST PEACEFUL REGIONS IN THE PAST FOUR DECADES. THIS, DESPITE MAJOR TENSIONS BETWEEN STATES AND ENDURING LOW-LEVEL CONFLICTS WITHIN SOME STATES, LIKE THAILAND AND MYANMAR, THE FORTY-YEAR PERIOD SINCE 1980 HAS BEEN NAMED "THE EAST ASIAN PEACE," A PERIOD OF STABILITY THAT HAS SEEN MASSIVE REGIONAL ECONOMIC GROWTH AND THE DRAMATIC REDUCTION IN POVERTY. THE EAST ASIAN REGION AND THE WHOLE WORLD HAVE PROFITED FROM THIS COMBINATION. THE CRUCIAL QUESTION IS: CAN IT BE SUSTAINED IN THE FACE OF CHANGING GEOPOLITICAL DYNAMICS? TO ADDRESS THESE QUESTIONS, THE FOREIGN POLICY PROGRAM LAUNCHED "SUSTAINING THE EAST ASIAN PEACE," A MULTIFACETED INITIATIVE-HIGHLIGHTING KEY ECONOMIC AND SECURITY CHALLENGES BY COMBINING PRAGMATIC POLICY RECOMMENDATIONS, IN-DEPTH RESEARCH, AND HIGH-LEVEL DIALOGUE AMONG U.S. AND REGIONAL STAKEHOLDERS. THE FIRST CONVENING TOOK PLACE JUNE 2019 IN TAIPEI, WITH A KEYNOTE ADDRESS BY TAIWANESE FOREIGN MINISTER JOSEPH WU, AND SUBSEQUENT DIALOGUES WITH THE PRESIDENT AND TOP NATIONAL SECURITY LEADERSHIP OF TAIWAN. RELATED DIALOGUES TOOK PLACE IN SINGAPORE AND TOKYO, WHERE BROOKINGS SCHOLARS ALSO ENGAGED SECURITY, POLITICAL, AND PRIVATE SECTOR STAKEHOLDERS ON U.S.-CHINA RELATIONS AND U.S. POLICY TOWARDS THE REGION. THE SINGAPORE DIALOGUES ALSO SET THE STAGE FOR A COMPLEMENTARY MULTI-YEAR TRILATERAL PROGRAM TO BE LAUNCHED IN LATE 2019 INVOLVING AUSTRALIA, THE UNITED STATES, AND ASEAN COUNTRIES. FOREIGN POLICY HAS PARTNERED WITH THE WORLD ECONOMIC FORUM (WEF)THE PREMIER GLOBAL PLATFORM FOR MULTI-SECTOR EXECUTIVE DIALOGUETO INFORM PUBLIC- AND PRIVATE-SECTOR THINKING ON NAVIGATING GEOPOLITICAL RISK. OVER THE PAST YEAR, BROOKINGS FOREIGN POLICY FELLOWS HAVE LED WEF HIGH-LEVEL GEOPOLITICAL DIALOGUES IN AMMAN, JORDAN AND IN NEW YORK CITY DURING THE UNITED NATIONS GENERAL ASSEMBLY (UNGA) WEEK. THE NEW YORK SESSION BROUGHT MORE THAN 30 FOREIGN MINISTERS TOGETHER WITH THE WEF AND BROOKINGS FOR A CLOSED-DOOR ANALYSIS OF CONTEMPORARY CHALLENGES IN GEOPOLITICS AND MULTILATERAL AFFAIRS. 15331462 50000 ECONOMIC STUDIES:THE ECONOMIC STUDIES PROGRAM ANALYZES CURRENT AND EMERGING ECONOMIC POLICY ISSUES IN THE UNITED STATES AND WORLDWIDE. 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 AND COMMENTED ON SUCH DIVERSE ISSUES AS THE LABOR MARKET AND JOB CREATION, THE U.S. HEALTH CARE SYSTEM, TAX REFORM, FEDERAL BUDGET DEFICITS AND THE RISING NATIONAL DEBT, REGULATORY POLICY, FISCAL AND MONETARY POLICY, AND THE ROLE OF EDUCATION AND OPPORTUNITY IN ECONOMIC MOBILITY. 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 FY2019, ECONOMIC STUDIES HELD OVER 99 EVENTS, AND SCHOLARS ALSO SPOKE AT 54 EXTERNAL EVENTS, WROTE 289 OP-EDS AND BLOGS, PRODUCED 143 PAPERS AND BRIEFS, PUBLISHED 1 BOOK, TESTIFIED (ORAL AND WRITTEN) ON CAPITOL HILL 7 TIMES, AND WERE CITED OR INTERVIEWED IN 3,599 MEDIA STORIES. 11203383 125700 25000 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 ADDRESS THE ISSUES SURROUNDING GLOBALIZATION WITHIN TWO KEY AREAS: STRENGTHENING THE DRIVERS OF SUSTAINABLE GROWTH AND LEAVING NO ONE BEHIND. 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 FY2019, GLOBAL ECONOMY AND DEVELOPMENT HELD NUMEROUS EVENTS OPEN TO THE GENERAL PUBLIC. 6188123 580274 INSTITUTIONAL INITIATIVES:INCLUDES RESEARCH INITIATIVES UNDERTAKEN OR SUPERVISED BY THE EXECUTIVE OFFICE, AND ALL 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 A.I. AT THE GLOBAL, NATIONAL, AND LOCAL LEVELS SO THAT MULTIPLE SECTORS OF SOCIETY CAN RESPONSIBLY SCALE AND MANAGE ITS FULL EFFECTS. THE INITIATIVE BEGAN IN 2019, AND BROOKINGS PLANS TO EXPAND IT OVER THE COMING YEAR.THE RUBENSTEIN FELLOWSHIP ADVANCES DIVERSITY IN THE SCHOLARLY COMMUNITY AT BROOKINGS BY APPOINTING OUTSTANDING EARLY- AND MID-CAREER SCHOLARS FROM THE UNITED STATES AND ABROAD FOR TWO-YEAR RESIDENCIES. THIS YEAR BROOKINGS GRADUATED ITS INAUGURAL CLASS OF TEN FELLOWS AND ANNOUNCED ITS SECOND COHORT OF FELLOWS TO BEGIN IN THE FALL OF 2019.BROOKINGS'S OVERSEAS CENTERS IN BEIJING, DOHA, AND DELHI PROVIDE INSTITUTIONAL PLATFORMS FOR ENGAGEMENT INCLUDING POLICY RESEARCH ON ECONOMIC, POLITICAL AND SOCIAL ISSUES AS WELL COLLABORATIVE EFFORTS WITH KEY SCHOLARS AND POLICYMAKERS FROM THE REGIONS. THE RUBENSTEIN SPECIAL INITIATIVES FUND PROVIDES SUPPORT FOR JOINT PROJECTS BETWEEN THESE OVERSEAS CENTERS AND THE RESEARCH PROGRAMS IN WASHINGTON. THE BROOKINGS MOUNTAIN WEST PROGRAM 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, FIFTEEN BROOKINGS SCHOLARS VISITED UNLV TO TEACH COURSES AND ENGAGE WITH THE UNLV COMMUNITY. 9041859 50000 24634 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 2019, GOVERNANCE STUDIES EXPERTS EXAMINED THE IMPACTS OF VOTER SUPPRESSION, THE ROLE OF NATIONAL SECURITY AND LAW ENFORCEMENT, THE IMPORTANCE OF BIPARTISAN GOVERNMENT OVERSIGHT, AND CLARIFIED THE NUANCES OF FEDERAL FUNCTIONS AND PROCEDURAL RULE-MAKING. THEY ALSO COMMENTED ON AND BROUGHT TOGETHER EXPERTS TO DISCUSS THE IMPLICATIONS OF VARIOUS TECHNOLOGICAL AND PRIVACY ISSUES, SUCH AS THE GENERAL DATA PROTECTION REGULATION (GDPR), ONLINE CONSUMER PRIVACY, BROADBAND ACCESS, AND EMERGING TECHNOLOGIES SUCH AS FACIAL RECOGNITION AND SMART TRANSPORTATION. IN ADDITION TO PUBLISHING NUMEROUS WORKS OF WRITTEN SCHOLARSHIP IN FY 2019, GOVERNANCE STUDIES HELD OVER 40 EVENTS OPEN TO THE GENERAL PUBLIC ON THESE, AND OTHER, TIMELY TOPICS. 8406756 39611 METROPOLITAN POLICY:EXPERTS IN THE METROPOLITAN POLICY PROGRAM (BROOKINGS METRO) ARE HELPING CITY AND REGIONAL LEADERS MARRY THE PROMISE OF NEW TECHNOLOGIES AND A DIVERSE WORKFORCE TO FOSTER INCLUSIVE INNOVATION AND EXPAND OPPORTUNITIES FOR MORE PEOPLE IN MORE PLACES. METRO SCHOLARS ARE AT THE FOREFRONT OF DELIVERING INNOVATIVE RESEARCH AND SOLUTIONS THAT HELP LOCAL LEADERS BUILD AN ADVANCED ECONOMY THAT WORKS FOR ALL: IMPROVING INNOVATION AND BUSINESS DYNAMISM, SKILLS AND WORKER SUPPORTS, AND INFRASTRUCTURE AND PLACEMAKING. IN FY19 BROOKINGS METRO PUBLISHED 152 BLOG POSTS, 27 RESEARCH BRIEFS, 21 COMPREHENSIVE RESEARCH REPORTS, AND 9 INTERACTIVE DATA VISUALIZATIONS, AMONG OTHER PRODUCTS INCLUDING SOCIAL MEDIA, NEWSLETTERS, PODCASTS, AND VIDEOS. BROOKINGS METRO ALSO WORKED WITH STRATEGIC PARTNERS TO HOST 12 PUBLIC EVENTS BOTH IN WASHINGTON, D.C. AND IN CITIES ACROSS THE COUNTRY, AS WELL AS PARTICIPATING IN ROUNDTABLES, MEETINGS, PUBLIC FORUMS AND CONFERENCES HELD BY OTHER ORGANIZATIONS TO TALK ABOUT OUR RESEARCH.IN THE FALL OF 2018, BROOKINGS METRO LAUNCHED ITS FIRST CENTER: THE ANNE T. AND ROBERT M. BASS CENTER FOR TRANSFORMATIVE PLACEMAKING, WHICH AIMS TO INSPIRE PUBLIC, PRIVATE, AND CIVIC SECTOR LEADERS TO MAKE TRANSFORMATIVE PLACE INVESTMENTS THAT GENERATE WIDESPREAD SOCIAL AND ECONOMIC BENEFITS. 1459840 1533098 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. 1216584 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. 26313162 630274 1597343 68988930 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 0 1 1 1 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 X 403 0 1 634 1 1 0 1 QA IN 0 0 0 0 0 0 0 0 0 0 X 46 46 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR CA CT FL GA HI IL KS KY MA MD ME MI MS MN NC NJ NH NM NY OR PA RI SC TN UT VA WI WV X X IRENA BARISIC & ELIZABETH GROSS 2027976000 1775 MASSACHUSETTS AVE NW WASHINGTON DC 20036 JOHN L THORNTON CHAIR THRU 11/18 4.00 X X 0 0 0 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 TREASURER OF BOARD 3.00 X X 0 0 0 TRACY R WOLSTENCROFT SECRETARY OF THE BOARD 3.00 X X 0 0 0 ROBERT J ABERNETHY VICE CHAIR OF DEVELOPMENT COM 2.00 X 0 0 0 PAUL M ACHLEITNER TRUSTEE 2.00 X 0 0 0 ROBERT M BASS TRUSTEE 2.00 X 0 0 0 HANZADE DOGAN BOYNER TRUSTEE 2.00 X 0 0 0 PAUL L CEJAS TRUSTEE 2.00 X 0 0 0 W EDMUND CLARK TRUSTEE 2.00 X 0 0 0 ABBY JOSEPH COHEN 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 ARTHUR B CULVAHOUSE JR TRUSTEE UNTIL 01/2019 2.00 X 0 0 0 JASON CUMMINS TRUSTEE 2.00 X 0 0 0 ALAN M DACHS TRUSTEE 2.00 X 0 0 0 FENG DENG TRUSTEE 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 CHAIR OF THE AUDIT COMMITTEE 3.00 X 0 0 0 ELLEN V FUTTER CHAIR OF NOMINATIONS & GOVERNANCE 3.00 X 0 0 0 HELENE GAYLE TRUSTEE 2.00 X 0 0 0 BRIAN L GREENSPUN TRUSTEE 2.00 X 0 0 0 PETE HIGGINS CHAIR OF DEVELOPMENT COMMITTEE 3.00 X 0 0 0 VICTOR L HYMES VICE CHAIR OF BUDGET & FINANCE COMMITTEE 3.00 X 0 0 0 BENJAMIN R JACOBS TRUSTEE 3.00 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 2.00 X 0 0 0 CATHY MINEHAN CHAIR OF COMPENSATION COMMITTEE 3.00 X 0 0 0 ADITYA MITTAL TRUSTEE 2.00 X 0 0 0 JAMES MURREN TRUSTEE UNTIL 06/2019 2.00 X 0 0 0 LAXMAN NARASIMHAN TRUSTEE 2.00 X 0 0 0 BRIAN ROGERS VC, INVESTMENT COMMITTEE 3.00 X 0 0 0 NICOLE PULLEN ROSS TRUSTEE 2.00 X 0 0 0 JAMES ROGERS TRUSTEE UNTIL 12/2018 2.00 X 0 0 0 VICTORIA P SANT TRUSTEE UNTIL 12/2018 2.00 X 0 0 0 NEIL SHEN TRUSTEE 2.00 X 0 0 0 ARNE M SORENSON CHAIR OF BUDGET & FINANCE COMMITTEE 3.00 X 0 0 0 KRISHEN SUD TRUSTEE 2.00 X 0 0 0 ANDREW TISCH TRUSTEE 2.00 X 0 0 0 ERCUMENT 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 2.00 X 0 0 0 JOHN ALLEN PRESIDENT 40.00 X 931730 0 73731 ONA ALSTON DOSUNMU VP & GEN COUNSEL, SEC THRU 12/2018 40.00 X 311610 0 64804 IRENA BARISIC VP,CFO,ASSTTRES/TRES THRU 3/2019 40.00 X 328517 0 38763 MICHAEL CAVADEL ASST SEC, SECRETARY THRU 3/2019 40.00 X 168765 0 43629 TED GAYER EXECUTIVE VICE PRESIDENT 40.00 X 461497 0 51500 ELIZABETH GROSS ASST SECRETARY THRU 3/2019 40.00 X 68868 0 22696 DAVID PORTER ASST TREASURER THRU 2/2019 40.00 X 221263 0 56919 BRUCE JONES VP & DIR, FOREIGN POLICY 40.00 X 310856 0 34691 HOMI J KHARAS INTERIM VP & DIR, GLOBAL ECONOMY 40.00 X 298275 0 33000 CATHERINE A PIEZ CHIEF INVESTMENT OFFICER 40.00 X 326561 0 55112 DARRELL M WEST VP & DIR OF GOVERNANCE STUDIES 40.00 X 350354 0 62582 AMY LIU WITMER VP & DIR, METROPOLITAN POLICY PROGRAM 40.00 X 323318 0 36825 JACQUELINE BASILE VP & CHIEF HUMAN RESOURCES OFFICER 40.00 X 267948 0 30012 KEMAL DERVIS SENIOR FELLOW (EFF 11/2017) 40.00 X 294547 0 33000 WILLIAM G GALE SR FELLOW & DIR, TAX POLICY CENTER 40.00 X 439806 0 52448 GREGORY MCGOVERN VP OF DEVELOPMENT (THRU 2/2019) 40.00 X 300570 0 41022 DAVID WESSEL SR FELLOW & DIRE, HUTCHINS CENTER 40.00 X 299213 0 56134 MARTIN S INDYK FORMER EXECUTIVE VP 40.00 X 266374 0 48879 N STROBE TALBOTT FORMER PRESIDENT, DIST. FELLOW 40.00 X 998625 0 57881 BRUCE J KATZ FORMER CENTENNIAL SCHOLAR 40.00 X 235973 0 17270 7204670 0 910898 189 1 1 0 CDW DIRECT LLC PO BOX 75723 CHICAGO IL 606755723 IT/COMPUTER HARDWARE, SOFTWARE & MAINT. 1597238 SODEXO INC & AFFILIATES PO BOX 536922 ATLANTA GA 303536922 FOOD SERVICES & CAFETERIA & FACILITIES M 1254087 ACCENTURE LLP PO BOX 70629 CHICAGO IL 60673 GLOBAL MGMT, CONSULTING & TECHNOLOGY SVC 927094 CITY SECURITY CONSULTANTS INC 2010 KENDALL STREET NE WASHINGTON DC 20002 SECURITY & SAFETY TRAINING 672321 DOMINION MECHANICAL CONTRACTORS INC 5265 PORT ROYAL RD STE 100 SPRINGFIELD VA 22151 HVAC & PLUMBING CONTRACTOR 645450 27 697698 77632347 689037 78330045 RESEARCH 900099 469961 469961 469961 4388059 -410144 4798203 636323 75509 560814 560814 560814 63735603 47247523 2580 16488080 -2580 16485500 16485500 1533098 514846 1018252 1021610 -3358 CAFETERIA INCOME 900099 2358488 2358488 OTHER INCOME 900099 241219 241219 2599707 103852338 1491571 -413502 24444224 X 470838 470838 580274 580274 5063535 1972459 2726867 364209 36073766 27903617 6962755 1207394 4514378 44505 4469873 11362520 14385687 -3694016 670849 3079399 3079399 138521 16393 122128 228635 30996 197627 12 1557834 1557834 10127946 8101670 1890749 135527 155958 124421 552 30985 1529925 694278 735495 100152 2308894 1042940 1248077 17877 3090997 7071072 -4332820 352745 2410094 2164754 144161 101179 28785 28652 133 2881148 2457376 -38843 462615 1150879 1150879 3983429 382953 3600476 374408 16288 358120 OTHER DIRECT COSTS 2430529 634530 1763441 32558 PUBLISHING 767958 742056 7130 18772 REPAIR/MAINTENANCE 587788 32121 555667 AMORTIZATION 28426 28426 -13378 91050 -104428 94913486 68988930 22429682 3494874 24319614 28931511 61859549 13296059 74604593 76662789 502182 327492 141996 114665 1813000 1549715 80259743 50541228 32388194 29718515 74683928 152878319 260058753 224090137 1146980 1554457 531518789 529123659 7608921 8702975 189776 1146892 45797079 45049972 3139896 2874448 56735672 57774287 X 231393965 225150653 153276062 155671680 90113090 90527039 474783117 471349372 531518789 529123659 X 8938852 -12327992 -44605 X 0 1 X 1 0 X 76694383 90539102 96843646 65378153 78430045 407885329 76694383 90539102 96843646 65378153 78430045 407885329 38882117 369003212 14398796 3589797 4282665 4379193 5024382 31674833 2466504 2499517 2277314 2618673 2599707 12461715 452021877 9216766 0.81630 0.82540 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: CAFETERIA - 2014 AMOUNT: $ 2,280,852. 2015 AMOUNT: $ 2,332,134. 2016 AMOUNT: $ 2,167,186. 2017 AMOUNT: $ 2,350,662. 2018 AMOUNT: $ 2,358,488. OTHER INCOME - 2014 AMOUNT: $ 185,652. 2015 AMOUNT: $ 167,383. 2016 AMOUNT: $ 110,128. 2017 AMOUNT: $ 268,011. 2018 AMOUNT: $ 241,219. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 268418 X 0 476093348 6715783 7360966 17596458 1530751 471042888 468522658 62516766 35621240 89209102 1358214 476093348 417895359 18324115 48993345 15341592 1348569 468522658 425725267 7474568 961390 15098080 1167786 417895359 441281539 66444006 11159614 92011199 1148693 425725267 0.47730 0.19220 0.33050 0 0 4155620 4155620 52885033 30979836 21905197 18792399 15830437 2961962 4426691 3730955 695736 29718515 224090137 F 224090137 ACCRUED POST-RETIREMENT BENEFIT OBLIGATION 1264000 DEFERRED RENT EXPENSE PAYABLE 817896 DEFERRED COMPENSATION 792552 2874448 X 90100598 -12327992 100000 -94578 -12322570 102423168 1944016 -514846 1429170 103852338 93585960 100000 516490 616490 92969470 1944016 1944016 94913486 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: INCOME TAXES: 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 INTERNAL REVENUE SERVICE (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, 2019, 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 2016. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN/(LOSS) ON FOREIGN CURRENCY EXCHANGE -94,578. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED ON PART VIII, LINE 10B -514,846. PART XII, LINE 2D - OTHER ADJUSTMENTS: AFFILIATE EXPENSES INCLUDED ON THE CONSOLIDATED FINANCIAL STATEMENT 1,644. COST OF GOODS SOLD REPORTED ON PART VIII, LINE 10B 514,846. 1 EAST ASIA AND THE PACIFIC 1 1 PROGRAM SERVICES, FUNDRAISING ACTIVITIES, MAINTAINING OFFICES PUBLIC POLICY RESEARCH 327875 MIDDLE EAST AND NORTH AFRICA 1 14 PROGRAM SERVICES, FUNDRAISING ACTIVITIES, MAINTAINING OFFICES PUBLIC POLICY RESEARCH 4129935 SOUTH ASIA 1 26 PROGRAM SERVICES, FUNDRAISING ACTIVITIES, MAINTAINING OFFICES PUBLIC POLICY RESEARCH 1386522 EAST ASIA AND THE PACIFIC 0 0 GRANT TO RECIPIENTS LOCATED IN REGION 204801 MIDDLE EAST AND NORTH AFRICA 0 0 GRANT TO RECIPIENTS LOCATED IN REGION 375473 3 41 0 0 3 41 6424606 0 6424606 EAST ASIA AND THE PACIFIC PROGRAM SERVICES 204801 WIRE TRANSFER 1 PROGRAM ASSISTANCE MIDDLE EAST AND NORTH AFRICA 7 253383 CHECK OR WIRE 122090 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. 1 FELLOWSHIP STIPENDS 15 470838 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. 1 X X X X X 1 1 0 0 0 0 0 1 0 JOHN ALLEN PRESIDENT 785505 0 80000 0 66225 0 51500 0 23103 0 1006333 0 0 0 ONA ALSTON DOSUNMU VP & GEN COUNSEL, SEC THRU 12/2018 278911 0 14800 0 17899 0 35074 0 30707 0 377391 0 0 0 IRENA BARISIC VP,CFO,ASSTTRES/TRES THRU 3/2019 305192 0 18600 0 4725 0 37590 0 5748 0 371855 0 0 0 MICHAEL CAVADEL ASST SEC, SECRETARY THRU 3/2019 161630 0 2500 0 4635 0 21015 0 26379 0 216159 0 0 0 TED GAYER EXECUTIVE VICE PRESIDENT 410620 0 31812 0 19065 0 51500 0 3752 0 516749 0 0 0 DAVID PORTER ASST TREASURER THRU 2/2019 215618 0 5000 0 645 0 27502 0 32649 0 281414 0 0 0 BRUCE JONES VP & DIR, FOREIGN POLICY 291514 0 14600 0 4742 0 33000 0 2563 0 346419 0 0 0 HOMI J KHARAS INTERIM VP & DIR, GLOBAL ECONOMY 291816 0 3000 0 3459 0 33000 0 3752 0 335027 0 0 0 CATHERINE A PIEZ CHIEF INVESTMENT OFFICER 315183 0 5000 0 6378 0 33000 0 23704 0 383265 0 0 0 DARRELL M WEST VP & DIR OF GOVERNANCE STUDIES 321911 0 20000 0 8443 0 40351 0 23103 0 413808 0 0 0 AMY LIU WITMER VP & DIR, METROPOLITAN POLICY PROGRA 303050 0 15000 0 5268 0 36825 0 872 0 361015 0 0 0 JACQUELINE BASILE VP & CHIEF HUMAN RESOURCES OFFICER 250103 0 17200 0 645 0 30012 0 873 0 298833 0 0 0 KEMAL DERVIS SENIOR FELLOW (EFF 11/2017) 290443 0 0 0 4104 0 33000 0 3752 0 331299 0 0 0 WILLIAM G GALE SR FELLOW & DIR, TAX POLICY CENTER 402678 0 20240 0 16888 0 33000 0 20320 0 493126 0 0 0 GREGORY MCGOVERN VP OF DEVELOPMENT (THRU 2/2019) 283584 0 15000 0 1986 0 34800 0 9974 0 345344 0 0 0 DAVID WESSEL SR FELLOW & DIRE, HUTCHINS CENTER 285769 0 10000 0 3444 0 33000 0 24726 0 356939 0 0 0 MARTIN S INDYK FORMER EXECUTIVE VP 261804 0 0 0 4570 0 32295 0 19611 0 318280 0 0 0 N STROBE TALBOTT FORMER PRESIDENT, DIST. FELLOW 293104 0 0 0 705521 0 33000 0 25753 0 1057378 0 699100 0 BRUCE J KATZ FORMER CENTENNIAL SCHOLAR 77278 0 0 0 158695 0 9709 0 8428 0 254110 0 0 0 PART I, LINES 4A-B BRUCE KATZ RECEIVED SEVERANCE PAYMENT IN THE AMOUNT OF 124,699 AND THE AMOUNT IS REPORTED IN SCHEDULE J, PART II, COLUMN B(III). N. STROBE TALBOTT, FORMER PRESIDENT (CURRENTLY - DISTINGUISHED FELLOW IN RESIDENCE) RECEIVED PAYMENT FROM A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN IN THE AMOUNT OF $699,100. THIS 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. X 18 670932 FMV X TECHNOLOGY 1 18105 0 1 0 FORM 990, PART III, LINE 1 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 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. HEADQUARTERED IN WASHINGTON, DC, BROOKINGS IS ORGANIZED INTO FIVE RESEARCH PROGRAMS THAT FOCUS ON DOMESTIC AND INTERNATIONAL ECONOMICS, FOREIGN POLICY, INTERNATIONAL DEVELOPMENT, GOVERNANCE, AND METROPOLITAN POLICY. BROOKINGS HAS OVERSEAS CENTERS IN QATAR, CHINA AND INDIA. FORM 990, PART V, LINE 3B HE BROOKINGS INSTITUTION IS AWAITING ADDITIONAL INFORMATION IN ORDER TO TIMELY FILE A COMPLETE AND ACCURATE FORM 990-T BY THE EXTENDED DEADLINE OF MAY 15, 2020. THE AMOUNT SHOWN AS NET UNRELATED BUSINESS TAXABLE INCOME ON LINE 7B OF PAGE 1 OF THE FORM 990 IS AN ESTIMATE BASED ON AVAILABLE INFORMATION. FORM 990, PART VI, SECTION A, LINE 2 JOHN THORNTON AND BRIAN GREENSPUN - BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 4 THE BROOKINGS BOARD OF TRUSTEES APPROVED AMENDED BYLAWS (ATTACHED) ON MARCH 1, 2019. THE CORPORATE OFFICERS WERE APPROVED BY THE BOARD ON MARCH 1, 2019. THE BROOKINGS EXECUTIVE COMMITTEE CERTIFIED CORPORATE OFFICERS 4.9.2019 IN COORDINATION WITH BROOKINGS MANAGEMENT, WE HAVE DRAFTED AMENDMENTS TO THE BROOKINGS INSTITUTION'S BYLAWS. THE PROPOSED AMENDMENTS INCLUDE: - AN UPDATED COMPOSITION OF THE EXECUTIVE COMMITTEE TO CONSIST OF THE FOLLOWING FIDUCIARY TRUSTEES (SEE SECTION 6.04(A)): O THE BOARD CHAIR OR CO-CHAIRS; - THE VICE CHAIR(S); - THE SECRETARY AND TREASURER; - THE IAC CHAIR OR CO-CHAIRS; - THE COMMITTEE CHAIRS; - THE CHAIR OF EACH OF THE PLCS; AND - SPECIAL REPRESENTATIVES (OTHER TRUSTEES WITH SPECIFIC AREAS OF EXPERTISE). - AT THEIR DISCRETION, THE BOARD CO-CHAIRS MAY NOW ALSO APPOINT A DESIGNEE AS CHAIR OF THE COMPENSATION COMMITTEE (SEE SECTION 6.06). - ADDITIONAL CATEGORIES OF SERVICE HAVE BEEN EXEMPTED FROM COUNTING TOWARDS A TRUSTEE'S FIDUCIARY TERM ON THE BOARD, INCLUDING PARTIAL YEAR TERMS (STUB YEARS) AND SERVICE AS CHAIR OR VICE CHAIR OF THE IAC OR PLCS (SEE SECTION 5.03(B)). - THE ELECTION PROCESS HAS BEEN STANDARDIZED THROUGHOUT THE BYLAWS TO PROVIDE SUPPORT FROM THE CO-CHAIRS, NOMINATIONS AND GOVERNANCE COMMITTEE, THE EXECUTIVE COMMITTEE, AND THE FULL BOARD (SEE SECTIONS 6.01(D) AND 6.02(D)). THE QUORUM REQUIREMENTS BETWEEN COMMITTEES OF THE BOARD AND ADVISORY COMMITTEES HAVE ALSO BEEN STANDARDIZED (SEE SECTION 6.02(E)). - CLARIFICATION OF THE TITLE OF CHAIR EMERITUS (SEE SECTION 5.04(C)). 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, ALL BROOKINGS PERSONNEL AND CERTAIN AFFILIATES ARE REQUIRED TO COMPLETE A DISCLOSURE AND ACKNOWLEDGMENT FORM RELATED TO THE INSTITUTION'S CONFLICT OF INTEREST POLICY. SPECIFICALLY, ALL EMPLOYEES 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 ACTIVITIES OUTSIDE OF WORK AND FINANCES TO HELP IDENTIFY POSSIBLE 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 POTENTIAL OR APPARENT CONFLICTS OF INTEREST AND QUESTIONS ABOUT THE SAME ARE RESOLVED BY THE GENERAL COUNSEL, IN CONSULTATION WITH OTHER MEMBERS OF SENIOR MANAGEMENT AS APPROPRIATE. CONFLICT OF INTEREST ISSUES INVOLVING TRUSTEES AS WELL AS OTHER CONFLICT OF INTEREST ISSUES, AS APPROPRIATE, ARE REFERRED TO THE AUDIT COMMITTEE. THE GENERAL COUNSEL REGULARLY CONFERS WITH THE CHAIR OF THE AUDIT COMMITTEE REGARDING THE INSTITUTION'S CONFLICT OF INTEREST POLICY AND ANY CONFLICT OF INTEREST ISSUES. 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, VICE CHAIRS 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' CONFLICT OF INTEREST POLICY AND OTHER KEY POLICIES ARE AVAILABLE ON OUR WEBSITE, BROOKINGS.EDU. BROOKINGS LINKS TO GUIDESTAR.ORG FROM ITS WEBSITE TO PROVIDE THE FORM 990. FORM 990, PART IX, LINE 11G CONTACTS/PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 5,465,837. MANAGEMENT AND GENERAL EXPENSES 1,740,111. FUNDRAISING EXPENSES 99,371. TOTAL EXPENSES 7,305,319. QUALIFIED SUBCONTACTS: PROGRAM SERVICE EXPENSES 2,084,889. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,084,889. TEMPORARY HELP: PROGRAM SERVICE EXPENSES 550,944. MANAGEMENT AND GENERAL EXPENSES 150,638. FUNDRAISING EXPENSES 36,156. TOTAL EXPENSES 737,738. FORM 990, PART XI, LINE 9: GAIN/(LOSS) ON FOREIGN CURRENCY EXCHANGE -94,578. EFFECT OF ADOPTION PROVISIONS SFAS NO. 158 45,000. INDIA PRIVATE EXPENSES NOT INCLUDED IN FORM 990 4,973. 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