2020-10-28T13:31:50-05:00 2019-12-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA NEW YORK NY 10004 990 2019-01-01 112417338 BROOKLYN BOTANIC GARDEN CORPORATION BROO 7186237222 1000 WASHINGTON AVENUE BROOKLYN NY 112251008 DIANE H STEINBERG BOARD CHAIR 7186237222 2020-10-26 1 JAMES J REILLY P00183769 2126617777 24.188.32.91 2020-10-26 11:31:50 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6E7FF41942A7D409D7C8B9B6D6B155D83F18E4E4 2019 2021-01-29 14:40:06Z DIANE H STEINBERG 1000 WASHINGTON AVENUE BROOKLYN NY 112251008 32832098 0 X WWW.BBG.ORG X 1977 NY AN URBAN BOTANIC GARDEN THAT CONNECTS PEOPLE TO THE WORLD OF PLANTS (SEE SCHEDULE O). 34 34 408 750 0 0 6827229 16698828 1191074 4207481 708579 1143489 934520 1614866 9661402 23664664 0 0 0 0 8120717 16802883 27500 48750 1427356 3300011 7080081 11448228 23931714 -1786826 -267050 101561982 113581995 21995692 22623152 79566290 90958843 X SEE SCHEDULE O 0 0 4999212 HORTICULTURE: SEE SCHEDULE O. 4408740 MAINTENANCE: SEE SCHEDULE O. 4085649 4207481 EDUCATION AND OUTREAH PROGRAMS: SEE SCHEDULE O. 6513048 6513048 20006649 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 111 0 1 408 1 0 0 0 0 0 1 1 0 0 0 0 X 34 34 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X X DOROTA RASHID 7186237222 1000 WASHINGTON AVENUE BROOKLYN NY 11225 DIANE H STEINBERG BOARD CHAIR 5.00 X X 0 0 0 SUZANNE T MARQUARD VICE CHAIR 5.00 X X 0 0 0 JENNIFER ROGG EISENSTADT VICE CHAIR 5.00 X X 0 0 0 LLOYD METZ VICE CHAIR 5.00 X X 0 0 0 MARTHA MAST WATTS TREASURER 5.00 X X 0 0 0 ELIZABETH GILE SECRETARY 5.00 X X 0 0 0 EARL D WEINER TRUSTEE 5.00 X 0 0 0 RICHARD W HULBERT TRUSTEE 5.00 X 0 0 0 STEPHEN MERKEL TRUSTEE 5.00 X 0 0 0 SASHA BASS TRUSTEE 5.00 X 0 0 0 LISA DONNESON TRUSTEE 5.00 X 0 0 0 BEVIN CLINE TRUSTEE 5.00 X 0 0 0 DONALD A GOLDSMITH TRUSTEE 5.00 X 0 0 0 EMME LEVIN DELAND TRUSTEE 5.00 X 0 0 0 MICHAEL RUIZ TRUSTEE 5.00 X 0 0 0 JEB STUART ARMSTRONG TRUSTEE 5.00 X 0 0 0 DONALD REED TRUSTEE 5.00 X 0 0 0 MADELINE CARSON TRUSTEE 5.00 X 0 0 0 JUDITH STEINHARDT TRUSTEE 5.00 X 0 0 0 ELLEN PETERSEN TRUSTEE 5.00 X 0 0 0 MICHAEL ROSENTHAL TRUSTEE 5.00 X 0 0 0 MIMI MORRIS TRUSTEE 5.00 X 0 0 0 RYAN O'CONNELL TRUSTEE 5.00 X 0 0 0 DANA DIRICKSON TRUSTEE 5.00 X 0 0 0 PRISCILLA NEWBURY TRUSTEE 5.00 X 0 0 0 MARSHALL MILLER TRUSTEE 5.00 X 0 0 0 KRYSTYNA HOUSER TRUSTEE 5.00 X 0 0 0 JOHN E OSNATO TRUSTEE 5.00 X 0 0 0 ROBERT W WHITEFORD TRUSTEE 5.00 X 0 0 0 SERGE VATEL TRUSTEE 5.00 X 0 0 0 KIMIKO LUPFER TRUSTEE 5.00 X 0 0 0 FREDERICK BLAND TRUSTEE 5.00 X 0 0 0 COURTNEY BROADWATER TRUSTEE 5.00 X 0 0 0 CARLOS P NAUDON TRUSTEE 5.00 X 0 0 0 ALTHEA L DUERSTEN FORMER TRUSTEE 5.00 X 0 0 0 JONATHAN MWELD FORMER TRUSTEE 5.00 X 0 0 0 SCOTT FOUSHEE FORMER TRUSTEE 5.00 X 0 0 0 SCOTT MEDBURY FORMER PRESIDENT 40.00 X 327338 0 26145 DOROTA RASHID CFO/VP OF FINANCE 40.00 X 178487 0 26519 LESLIE FINDLEN SR. V.P. OF INST. ADVANCEM 40.00 X 220349 0 10044 JULIE LANG MAN. DIR. OF DONOR RELATIO 40.00 X 124070 0 10044 MARK FISHER FRMR. VP HORTICULTURE & FACILITI 40.00 X 134128 0 10044 SONAL BHATT V.P. OF EDUCATION 40.00 X 120885 0 0 KATHRYN GLASS CHIEF OF MARKETING 40.00 X 185905 0 22003 1291162 0 104799 8 0 1 0 MICHAEL VAN VALKENBURGH ASSOC 231 CONCORD AVENUE CAMBRIDGE MA 02138 ARCHITECTS 409977 WEISSMANFREDI ARCHITECTS 200 HUDSON STREET 10TH FL NEW YORK NY 10013 ARCHITECTS 135691 2 1882393 1025212 7292660 6498563 180066 16698828 ADMISSIONS 900099 3547459 3547459 EDUCATIONAL PROGRAMS 900099 660022 660022 4207481 1287294 1287294 1632566 0 1632566 1632566 1632566 8439768 8583573 -143805 -143805 -143805 147629 1025212 531643 -384014 -384014 266608 52218 214390 214390 SPECIAL FEES - OTHER 900099 151924 151924 151924 23664664 4573795 0 2392041 558488 458030 62019 38439 11021208 9035743 1216410 769055 1209466 995095 142193 72178 3160536 2600348 371575 188613 853185 701962 100307 50916 69123 46779 22344 72827 10118 57709 5000 48750 48750 121506 121506 1631202 1189364 432958 8880 211596 185830 25031 735 469087 339195 35328 94564 526072 -567113 41041 705028 691792 9433 3803 250780 151390 50035 49355 2036771 1787578 249193 317449 245709 45034 26706 SUPPLIES AND MATERIALS 628989 587941 34071 6977 EQUIPMENT 396653 334416 62237 0 REPAIRS 135249 134238 1011 BOOKS AND PERIODICALS 33821 31828 1993 0 23931714 20006649 2497709 1427356 4854561 3775432 5583222 1740059 715324 2800315 3563384 2732040 41358 28717 247844 222493 57552953 29135199 23658470 28417754 60299320 70790821 2598499 3074364 101561982 113581995 5353014 5258887 123553 108431 5199430 4295968 11319695 12959866 21995692 22623152 X 55604317 70643534 23961973 20315309 79566290 90958843 101561982 113581995 X -267050 12823909 -1164306 X 0 1 X 1 0 X 16155969 14177729 15056012 6827229 16698828 68915767 16155969 14177729 15056012 6827229 16698828 68915767 2331462 66584305 1924352 2134225 2756865 1442617 2919860 11177919 160945 119577 183443 153853 151924 769742 80863428 10415601 0.82340 0.80070 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2015 AMOUNT: $ 160,945. 2016 AMOUNT: $ 119,577. 2017 AMOUNT: $ 183,443. 2018 AMOUNT: $ 153,853. 2019 AMOUNT: $ 151,924. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 66623295 4039143 10869952 7537255 73995135 73179996 1459536 -5109781 2906456 66623295 69037903 3957120 3307152 3122179 73179996 63126932 3628748 5738976 3456753 69037903 61193477 6643809 437733 5148097 63126922 0.72500 0.08100 0.19400 0 0 9683898 1961178 7722720 34077812 24470145 9607667 3808317 2703876 1104441 9982926 9982926 28417754 POSTRETIREMENT BENEFITS 12959866 12959866 35689293 12823909 -677774 12146135 23543158 121506 121506 23664664 24296740 486532 486532 23810208 121506 121506 23931714 PART III, LINE 4: THE BROOKYN BOTANIC GARDEN CORPORATION (THE "GARDEN") MAINTAINS A SET OF 1,280 RARE BOOKS, PERIODICALS, EPHEMERA AND MANUSCRIPTS ALL ON THE SUBJECT OF BOTANY AND HORTICULTURE. THE COLLECTION FURTHERS THE GARDEN'S EXEMPT PURPOSE AS IT SUPPORTS OUR MISSION TO ENGAGE IN RESEARCH IN PLANT SCIENCES TO EXPAND HUMAN KNOWLEDGE OF PLANTS, AND DISSEMINATING THE RESULTS TO SCIENE PROFESSIONALS AND THE GENERAL PUBLIC. THE GARDEN'S COLLECTIONS, WHICH CONSIST OF RARE BOOKS AND ARTWORK, ARE NOT CAPITALIZED IN THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF ITEMS ARE EXPENSED IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. CONTRIBUTED COLLECTION ITEMS ARE NOT REFELCTED IN THE FINANCIAL STATEMENTS. PART V, LINE 4: THE GARDEN'S ENDOWMENTS CONSIST OF VARIOUS INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES. AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICAN, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE GARDEN TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTICTIONS. TEMPORARILY RESTRICTED ENDOWMENTS INCLUDE ENDOWMENT FUNDS ESTABLISHED BY DONOR-RESTRICTED GIFTS THAT ARE MAINTAINED TO PROVIDE A SOURCE OF INCOME FOR EITHER A SPECIFIC PERIOD OF TIME OR UNTIL A SPECIFIC EVENT OCCURS (SEE SFAS 117 (ASC 958-205-45)), AS WELL AS ALL OTHER TEMPORARILY RESTRICTED NET ASSETS HELD IN A DONOR-RESTRICTED ENDOWMENT, INCLUDING UNAPPROPRIATED INCOME FROM PERMANENT ENDOWMENTS THAT IS NOT SUBJECT TO A PERMANENT RESTRICTION. PERMANENT (TRUE) ENDOWMENTS ARE ENDOWMENT FUNDS THAT ARE ESTABLISHED BY DONOR-RESTRICTED GIFTS AND ARE MAINTAINED TO PROVIDE A PERMANENT SOURCE OF INCOME, WITH THE STIPULATION THAT PRINCIPAL MUST BE INVESTED AND KEPT INTACT IN PERPETUITY, WHILE ONLY THE INCOME GENERATED CAN BE USED BY THE ORGANIZATION. BOARD-DESIGNATED ENDOWMENTS, OR QUASI-ENDOWMENTS, ARE ENDOWMENTS ESTABLISHED BY THE ORGANIZATION ITSELF, EITHER FROM UNRESTRICTED DONOR OR ORGANIZATIONAL FUNDS, OVER WHICH THE ORGANIZATION ITSELF IMPOSES RESTRICTIONS ON THEIR USE, AND WHICH RESTRICTIONS CAN BE TEMPORARY OR PERMANENT IN NATURE. SEE SFAS 117 (ASC 958-205-45). PART XI, LINE 2D - OTHER ADJUSTMENTS: EFFECT OF POST-RETIREMENT ADJUSTMENT -1,205,857. COST OF GOODS SOLD 52,218. THIRD PARTY TRUST UNREALIZED GAIN (LOSS), NET 475,865. PART XII, LINE 2D - OTHER ADJUSTMENTS: POST-RETIREMENT BENEFITS 434,314. COST OF GOODS SOLD 52,218. X X X X 1 MK DIRECT MARKETING & COMMUNICATIONS LLC (MKDM) 612 EAST JEFFERSON ST 2ND FL CHARLOTTESVILLE VA 22902 MAIL, INTERNET AND EMAIL SOLICITATIONS 0 0 73500 0 73500 NY GALA 993494 857344 136150 497 147349 238923 PLANT SALE 129647 129647 757 121412 2 49700 38221 11479 6691 16014 1172841 1025212 147629 497 154797 376349 531643 -384014 X X X X 0 0 0 0 0 0 0 0 0 SCOTT MEDBURY FORMER PRESIDENT 327338 0 0 0 0 0 0 0 26145 0 353483 0 0 0 DOROTA RASHID CFO/VP OF FINANCE 178487 0 0 0 0 0 0 0 26519 0 205006 0 0 0 LESLIE FINDLEN SR. V.P. OF INST. ADVANCEM 220349 0 0 0 0 0 0 0 10044 0 230393 0 0 0 KATHRYN GLASS CHIEF OF MARKETING 185905 0 0 0 0 0 0 0 22003 0 207908 0 0 0 X 16 180066 FMV 0 0 0 PART I - LINE 1 PART III - LINE 1 BROOKLYN BOTANIC GARDEN CORPORATION (THE "GARDEN") IS AN URBAN BOTANIC GARDEN THAT CONNECTS PEOPLE TO THE WORLD OF PLANTS, FOSTERING DELIGHT AND CURIOUSITY WHILE INSPIRING AN APPRECIATION AND SENSE OF STEWARDSHIP OF THE ENVIRONMENT. IN THE GARDEN, IN ITS COMMUNITY, AND WELL BEYOND, THE GARDEN INSPIRES PEOPLE OF ALL AGES THROUGH THE CONSERVATION, DISPLAY, AND ENJOYMENT OF PLANTS; WITH EDUCATIONAL PROGRAMS THAT EMPHASIZE LEARNING BY DOING; AND WITH RESEARCH FOCUSED ON UNDERSTANDING AND CONSERVING REGIONAL PLANTS AND PLANT COMMUNITITIES. PART III - LINE 4A HORTICULTURE: THE FOUNDATION OF THE GARDEN IS ITS WORLD CLASS HORTICULTURE COLLECTION FEATURING MORE THAT 12,000 PLANT SPECIES AND CULTIVARS ON 52 ACRES. THE GARDEN PROTECTS, PRESERVES AND CATALOGS ITS LIVING COLLECTIONS FOR THE BEAUTY THEY OFFER THE PUBLIC AND FOR THEIR HORTICULTURAL, SCIENTIFIC, ECOLOGICAL AND EDUCATIONAL MERIT. SOME OF THE GARDEN'S RARE AND WORLD-CLASS LIVING PLANT COLLECTIONS INCLUDE BONSAI, ORCHIDS, TROPICAL PLANTS, CACTI & SUCCULENTS, WARM-TEMPERATE REGION PLANTS, CHERRIES, MAGNOLIAS, WATER LILIES AND NATIVE FLORA COLLECTION. NESTLED IN THE HEART OF ONE OF THE DENSEST URBAN SETTINGS IN NORTH AMERICA, THESE COLLECTIONS ARE LAID OUT IN THE ICONIC LANDSCAPE DISPLAY GARDENS, MANY OF WHICH WERE THE FIRST OF THEIR KIND, INCLUDING THE HISTORIC JAPANESE GARDEN, ROCK GARDEN, FRAGRANCE GARDEN, ROSE GARDEN, AND SHAKESPEARE GARDEN. THE GARDEN'S LIVING COLLECTIONS MANAGEMENT INCLUDES RECORDING AND KEEPING DETAILED ACCESSION, ACQUISITION AND DISSEMINATION RECORDS ALIGNING WITH THE SCIENTIFIC RESEARCH PROGRAMS, EDUCATIONAL PROGRAMS, AND PUBLIC INTERPRETATION, LABELS AND SIGNAGE. THE GARDEN WELCOMES APPROXIMATELY 850,000 VISITORS ANNUALLY. PART III - LINE 4B MAINTENANCE: THE FACILITIES DEPARTMENT AT THE GARDEN OVERSEES THE REPAIR AND MAINTENANCE OF ALL BUILDINGS AND OUTDOOR HARDSCAPE INFRASTRUCTURE. THE GARDEN'S INFRASTRUCTURE MAINTENANCE INCLUDES CUSTODIAL SERVICES, FLEET & GROUNDS EQUIPMENT SERVICES, IRRIGATION, PLUMBING, ELECTRICAL, HEATING, GEOTHERMAL, AND PHONE SYSTEMS. INTERDEPARTMENTAL COLLABORATION AND CONTRACTOR MANAGEMENT FOR NEW CAPITAL AND RENOVATION PROJECTS IS ALSO A SIGNIFICANT RESPONSIBILITY OF THE FACILITIES DEPARTMENT, AS IS SUPPORT FOR PRIVATE FUNCTIONS AND PUBLIC EVENTS. PART III - LINE 4C EDUCATION AND OUTREACH PROGRAMS: MORE THAN 150,000 CHILDREN AND ADULTS ARE SERVED THROUGH A CONTINUUM OF PROGRAMS AIMED TO TEACH PEOPLE ABOUT THE SCIENCE AND CARE OF PLANTS, AROUSE PUBLIC AWARENESS OF THE FRAGILITY OF OUR NATURAL ENVIRONMENT, AND HELP THE PEOPLE OF ALL OUR DIVERSE URBAN NEIGHBORHOODS TO ENHANCE THE QUALITY OF THEIR SURROUNDINGS AND THEIR DAILY LIVES THROUGH THE CULTIVATION AND ENJOYMENT OF PLANTS. PROGRAMS RANGE FROM SUPPLEMENTAL SCIENCE EDUCATION IN PUBLIC SCHOOLS TO LECTURES INTO CONTACT WITH THE BEAUTY AND HEALTH BENEFITS OF NATURE AS A VITAL FIRST STEP TO NOT ONLY IMPROVING THE QUALITY OF ALL OUR LIVES, BUT TO HELP INSPIRE CURRENT AND FUTURE GENERATIONS OF ENVIRONMENTAL STEWARDS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE THEN PROVIDED TO THE FULL BOARD PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE REQUIRED TO BE SIGNED BY ALL OFFICERS, TRUSTEES AND KEY EMPLOYEES ANNUALLY, OR IF CONFLICT ARISES. ANY CONFLICT THAT ARISES IS BROUGHT IN FRONT OF THE AUDIT COMMITEE FOR RESOLUTION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS ESTABLISHED THROUGH THE USAGE OF AN INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEYS/STUDIES OF COMPARABLE ORGANIZATIONS, AND APPROVED BY A BOARD COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE GARDEN CURRENTLY PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE GENERAL PUBLIC UPON REQUEST. THE GARDEN POSTS ITS AUDITED FINANCIAL STATEMENTS AND APPROVED IRS FORM 990 ON ITS WEBSITE. FORM 990, PART XI, LINE 9: EFFECT OF POST-RETIREMENT ADJUSTMENTS -1,205,857. POST-RETIREMENT BENEFITS -434,314. THIRD PARTY TRUST UNREALIZED GAIN (LOSS), NET 475,865.