2019-02-25T15:06:39-06:00 2018-06-30 420714325 RSM US LLP 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 20878 990 2017-07-01 530196577 THE BROOKINGS INSTITUTION BROO 2027976000 1775 MASSACHUSETTS AVE NW WASHINGTON DC 20036 IRENA BARISIC VP, CFO, & TREASURER 2027976000 2019-02-25 1 WILLIAM E TURCO CPA P00369217 3012963600 108.171.132.188 2019-02-25 13:45:18 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 00BFBB601F26E6691F3C42FDB75EEBE807206D5E 2017 2019-02-21 02:37:17Z JOHN R ALLEN 1775 MASSACHUSETTS AVE NW WASHINGTON DC 20036 153630328 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. 56 56 595 55 2906 0 96843646 65378153 419585 555991 12026980 26858277 3604355 4094511 112894566 96886932 723614 925422 0 0 59278453 61436985 7875 0 3250879 40049370 36595335 100059312 98957742 12835254 -2070810 525211269 531848060 58729261 57064943 466482008 474783117 X SEE SCHEDULE O 0 0 15942265 212333 235506 FOREIGN POLICY STUDIES:THE FOREIGN POLICY PROGRAM AT BROOKINGS HAS BEEN AT THE FOREFRONT OF CHARTING THE DYNAMIC INTERACTIONS BETWEEN GEOPOLITICAL ACTORS AND SYSTEMIC CHANGES TAKING PLACE WITHIN THE INTERNATIONAL ORDER. THE PROGRAM UNDERTAKES A RANGE OF RESEARCH, PUBLISHING, AND CONVENING ACTIVITIES TO HELP POLICYMAKERS AND THE PUBLIC BETTER UNDERSTAND THE IMPLICATIONS OF A CHANGING ORDER. THE EXPERTISE OF BROOKINGS FOREIGN POLICY SCHOLARS HAS NEVER BEEN IN HIGHER DEMAND. SINCE THE BEGINNING OF 2018, FP SCHOLARS FROM ACROSS OUR SIX RESEARCH CENTERS HAVE BEEN SOUGHT AFTER FOR THEIR PENETRATING ANALYSIS AND NONPARTISAN PERSPECTIVE. FP SCHOLARS HAVE TESTIFIED BEFORE CONGRESS ON MATTERS RANGING FROM ENERGY SECURITY AND ARMS CONTROL, TO CHINA AND SYRIA. THEY HAVE ALSO WRITTEN OR CONTRIBUTED TO ARTICLES IN EVERY MAJOR NEWS OUTLET IN THE UNITED STATES AND 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 APPEARED IN NEWS OUTLETS FROM ACROSS THE POLITICAL SPECTRUM, INCLUDING FOX NEWS, FACE THE NATION, MSNBC, CNN, BBC, AL JAZEERA, FOX BUSINESS, CNBC, ABC THIS WEEK, AND PBS NEWSHOUR. IN ADDITION TO THESE PUBLIC APPEARANCES, SINCE JANUARY OUR SCHOLARS HAVE PROVIDED DOZENS OF PRIVATE POLICY BRIEFINGS TO KEY STAKEHOLDERS IN THE UNITED STATES AND ALLIED CAPITALS AROUND THE WORLD. 15547080 12236 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 FY2018, ECONOMIC STUDIES HELD OVER 28 EVENTS BOTH PUBLIC AND PRIVATE, AND SCHOLARS ALSO SPOKE AT 199 EXTERNAL EVENTS, WROTE 567 OP-EDS AND BLOGS, PRODUCED 561 PAPERS AND BRIEFS, PUBLISHED 1 BOOK, TESTIFIED ON CAPITOL HILL 4 TIMES, AND WERE CITED OR INTERVIEWED IN 4,685 MEDIA STORIES. 11756596 90000 28660 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 FY 2018, GLOBAL ECONOMY AND DEVELOPMENT HELD NUMEROUS EVENTS OPEN TO THE GENERAL PUBLIC. 9157214 565020 INSTITUTIONAL INITIATIVES:INCLUDES RESEARCH INITIATIVES UNDERTAKEN OR SUPERVISED BY THE EXECUTIVE OFFICE, AND ALL CROSS-PROGRAM RESEARCH EFFORTS, INCLUDING TWO FELLOWSHIP PROGRAMS, THREE OVERSEAS CENTERS, AND THE BROOKINGS MOUNTAIN WEST INITIATIVE, A COLLABORATION CONNECTING THE INTERMOUNTAIN WEST WITH BROOKINGS'S RESEARCHERS AND PROGRAMS. 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. THE GLOBAL GOVERNANCE FUTURES PARTNERSHIP AND FELLOWSHIP PROGRAM BRINGS TOGETHER EXCEPTIONAL YOUNG PROFESSIONALS FROM NINE COUNTRIES IN AFRICA, ASIA, EUROPE AND THE AMERICAS TO LOOK AHEAD TEN YEARS AND THINK OF WAYS TO BETTER ADDRESS GLOBAL CHALLENGES. THE OVERSEAS OFFICES 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 POLICY MAKERS FROM THE REGIONS. THE RUBENSTEIN SPECIAL INITIATIVES FUND PROVIDES SUPPORT FOR JOINT PROJECTS BETWEEN THE OVERSEAS OFFICES AND THE RESEARCH PROGRAMS IN WASHINGTON. THE BROOKINGS MOUNTAIN WEST PROGRAM IS A PARTNERSHIP BETWEEN BROOKINGS AND THE UNIVERSITY OF NEVADA, LAS VEGAS 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 (UNLV) AND 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. 8346454 45833 9500 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. IN THE PAST YEAR, GOVERNANCE STUDIES EXPERTS EXAMINED PARTISAN POLITICS AND ITS EFFECTS ON GOVERNMENT, THE PROCEDURE AND POLITICS BEHIND TAX REFORM AND OTHER MAJOR LEGISLATIVE DEBATES, AND FISSURES IN THE AMERICAN ECONOMY AND CIVIC SOCIETY. THEY COMMENTED ON OTHER TIMELY TOPICS, SUCH AS, CONGRESSIONAL PRIMARIES, THE SUPREME COURT NOMINATION AND CONFIRMATION PROCESS, LEGISLATIVE AND JUDICIAL CHECKS ON PRESIDENTIAL POWER, THE U.S. EDUCATION SYSTEM, VOTING RIGHTS, AND THE USE OF ONLINE TOOLS AND INFORMATION TECHNOLOGY TO INCREASE GOVERNMENT EFFICIENCY. IN ADDITION TO PUBLISHING NUMEROUS WORKS OF SCHOLARSHIP IN FY 2018, GOVERNANCE STUDIES HELD 40 EVENTS OPEN TO THE GENERAL PUBLIC. 7748968 232325 METROPOLITAN POLICY:THE MISSION OF THE METROPOLITAN POLICY PROGRAM AT BROOKINGS IS TO DELIVER RESEARCH AND SOLUTIONS THAT HELP METROPOLITAN LEADERS BUILD AN ADVANCED ECONOMY THAT WORKS FOR ALL. THE PROGRAM IS UNIQUELY POSITIONED TO HELP CITIES AND METROPOLITAN AREAS INNOVATE THROUGH THE CREATION OF TRUSTED ANALYSES THAT LINK PEOPLE, PLACE, AND ECONOMY, EMPOWERING PRACTITIONERS AND POLICYMAKERS TO THINK AND ACT SYSTEMICALLY. AT METRO, RESEARCH FINDINGS ARE PUT INTO ACTION THROUGH REGIONAL PARTNERSHIPS, BUILDING ON THE PROGRAM'S CLOSE RELATIONSHIPS WITH CIVIC, PHILANTHROPIC, NONPROFIT AND GOVERNMENT LEADERS IN DOZENS OF METRO AREAS AND STATE CAPITOLS ACROSS THE COUNTRY AND IN CITIES AROUND THE WORLD. 1520687 1817356 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. 1885521 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. 28658844 610853 2059181 71904785 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 436 0 1 595 1 1 0 1 QA IN 0 0 0 0 0 0 0 0 X 56 56 1 0 0 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 IRENA BARISIC & ELIZABETH GROSS 2027976000 1775 MASSACHUSETTS AVE NW WASHINGTON DC 20036 JOHN L THORNTON CHAIR OF THE BOARD 4.00 X X 0 0 0 GLENN H HUTCHINS VICE CHAIR OF THE BOARD 3.50 X X 0 0 0 SUZANNE NORA JOHNSON VICE CHAIR, BOARD/INVESTMENT COMMITTEE CHAIR 3.50 X X 0 0 0 ABBY JOSEPH COHEN VICE CHAIR, NOMINATIONS & GOVERNANCE COMMITTEE 3.00 X 0 0 0 ARTHUR R COLLINS CHAIR, DEVELOPMENT COMMITTEE 3.00 X 0 0 0 BART FRIEDMAN CHAIR, AUDIT COMMITTEE 3.00 X 0 0 0 PETE HIGGINS CHAIR, PRESIDENT SEARCH COMMITTEE 3.50 X 0 0 0 BENJAMIN R JACOBS CHAIR, BUDGET & FINANCE COMMITTEE 3.00 X 0 0 0 TRACY R WOLSTENCROFT CHAIR, NOMINATIONS & GOVERNANCE COMMITTEE 3.00 X 0 0 0 ROBERT J ABERNETHY TRUSTEE 2.00 X 0 0 0 PAUL M ACHLEITNER TRUSTEE 2.00 X 0 0 0 DOMINIC BARTON TRUSTEE 2.00 X 0 0 0 ROBERT M BASS TRUSTEE 2.00 X 0 0 0 ALAN R BATKIN TRUSTEE 2.00 X 0 0 0 CRANDALL BOWLES 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 BETSY Z COHEN TRUSTEE 2.00 X 0 0 0 HOWARD COX TRUSTEE 2.00 X 0 0 0 SUSAN CROWN TRUSTEE 2.00 X 0 0 0 ARTHUR B CULVAHOUSE JR TRUSTEE 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 KENNETH M DUBERSTEIN TRUSTEE 2.00 X 0 0 0 CHERYL COHEN EFFRON TRUSTEE 2.00 X 0 0 0 ALFONSO FANJUL TRUSTEE 2.00 X 0 0 0 ELLEN V FUTTER TRUSTEE 2.00 X 0 0 0 HELENE GAYLE TRUSTEE 2.00 X 0 0 0 BRIAN L GREENSPUN TRUSTEE 2.00 X 0 0 0 VICTOR L HYMES TRUSTEE 2.50 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 TRUSTEE 2.00 X 0 0 0 ADITYA MITTAL TRUSTEE 2.00 X 0 0 0 JAMES MURREN TRUSTEE 2.00 X 0 0 0 LAXMAN NARASIMHAN TRUSTEE 2.00 X 0 0 0 BRIAN ROGERS TRUSTEE 2.00 X 0 0 0 NICOLE PULLEN ROSS TRUSTEE 2.00 X 0 0 0 JAMES ROGERS TRUSTEE 2.00 X 0 0 0 DAVID M RUBENSTEIN TRUSTEE 2.00 X 0 0 0 VICTORIA P SANT TRUSTEE 2.00 X 0 0 0 LEONARD D SCHAEFFER TRUSTEE 2.00 X 0 0 0 PETER SCHER TRUSTEE 2.00 X 0 0 0 NEIL SHEN TRUSTEE 2.00 X 0 0 0 ARNE M SORENSON TRUSTEE 2.00 X 0 0 0 KRISHEN SUD TRUSTEE 2.00 X 0 0 0 MICHAEL L TIPSORD 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 DANIEL YERGIN TRUSTEE 2.00 X 0 0 0 DANIEL B ZWIRN TRUSTEE 2.00 X 0 0 0 JOHN ALLEN PRESIDENT (EFF. 11/2017) 40.00 X 223974 0 25491 ONA ALSTON DOSUNMU SEC EFF 12/2017 INTERIM COO, VP & GEN COUNSEL 40.00 X 270591 0 58264 IRENA BARISIC VP, CFO, & TREASURER 40.00 X 301103 0 35824 STEVEN J BENNETT VP & COO, SECRETARY THRU 12/2017 40.00 X 353461 0 37863 TED GAYER EVP EFF. 04/2018, VP & DIR. OF ECON. 40.00 X 428063 0 48660 ELIZABETH GROSS ASSISTANT SECRETARY 40.00 X 36604 0 6645 MARTIN S INDYK EXE VICE PRESIDENT THRU 03/2018 40.00 X 419075 0 68074 CATHERINE A PIEZ CHIEF INVESTMENT OFFICER 40.00 X 315954 0 52323 DAVID PORTER ASSOC. VP, CONTROLLER & ASST. TREAS. 40.00 X 222110 0 54151 N STROBE TALBOTT PRESIDENT THRU 11/2017 40.00 X 654006 0 73042 AMY LIU WITMER VP & DIRECTOR, METROPOLITA 40.00 X 313725 0 35220 BRUCE JONES VP & DIRECTOR, FOREIGN POL 40.00 X 297293 0 35195 HOMI J KHARAS INTERIM VP & DIR, GLOBAL ECONOMY 40.00 X 262176 0 31208 DARRELL M WEST VP & DIR OF GOVERNANCE STUDIES 40.00 X 339658 0 59042 KEMAL DERVIS SR FELLOW EFF 11/2017, VP & DIR GLOBAL 40.00 X 336395 0 34412 WILLIAM J GALE SR FELLOW & DIR, TAX POLICY CENTER 40.00 X 427380 0 50102 BRUCE J KATZ CENTENNIAL SCHOLAR THRU 03/2018 40.00 X 395044 0 59525 DAVID WESSEL SR FELLOW & DIR, HUTCHINS CENTER 40.00 X 291258 0 52928 GROVER WHITEHURST SR FELLOW-ECONOMIC STUDIES 40.00 X 286902 0 32400 KIMBERLY CHURCHES FORMER SECRETARY THRU 05/2017 40.00 X 160664 0 22080 6335436 0 872449 173 1 1 0 CDW DIRECT LLC PO BOX 75723 CHICAGO IL 606755723 IT/COMPUTER HARDWARE, SOFTWARE & MAINT. 1524081 SODEXO INC & AFFILIATES PO BOX 536922 ATLANTA GA 303536922 FOOD SERVICES & CAFETERIA & FACILITIES M 1228580 ACCENTURE LLP PO BOX 70629 CHICAGO IL 60673 GLOBAL MGMT, CONSULTING & TECHNOLOGY SVC 1004352 AJILON PROFESSIONAL STAFFING DEPT CH 14031 PALATINE IL 600554031 TEMP STAFFING 848130 CITY SECURITY CONSULTANTS INC 2010 KENDALL STREET NE WASHINGTON DC 20002 SECURITY & SAFETY TRAINING 660592 47 822547 64555606 955285 65378153 RESEARCH 900099 555991 555991 555991 3744717 3744717 634476 276143 358333 358333 358333 78840588 40374 55767402 0 23073186 40374 23113560 23113560 1817356 699851 1117505 1114599 2906 CAFETERIA INCOME 900099 2350662 2350662 OTHER INCOME 900099 268011 268011 2618673 96886932 1670590 2906 29835283 X 360403 360403 565019 565019 5876787 2929837 2498607 448343 35940870 27899117 7034680 1007073 4556522 25099 4531423 11911169 14388533 -3146251 668887 3151637 3151637 142267 3016 139251 225639 45019 180620 1727144 1727144 11494850 9718459 1669206 107185 398748 366194 896 31658 1745447 859574 818239 67634 2443295 1244032 1152536 46727 2973917 7135685 -4504103 342335 2701569 2505041 102409 94119 8427 8427 2522741 2101338 42538 378865 1170183 1170183 4613180 378335 4234845 367835 6075 361760 OTHER DIRECT COSTS 2650968 507828 2111933 31207 PUBLISHING 839929 801542 11541 26846 REPAIR/MAINTENANCE 518967 42438 476529 AMORTIZATION 28426 28426 21803 13774 8029 98957742 71904785 23802078 3250879 20812912 24319614 29612697 61859549 94966119 74604593 1897545 502182 255785 141996 1766825 1813000 87034752 54646558 34924336 32388194 71426597 74683928 268282217 260058753 1266236 1476251 525211269 531848060 7826011 7608921 230902 189776 46882619 46126350 3789729 3139896 58729261 57064943 X 217934397 231393965 159854775 153276062 88692836 90113090 466482008 474783117 525211269 531848060 X -2070810 10550987 -179068 X 0 1 X 1 1 1 X 89488748 76694383 90539102 96843646 65378153 418944032 89488748 76694383 90539102 96843646 65378153 418944032 38654199 380289833 3244431 14398796 3589797 4282665 4379193 29894882 2039560 2466504 2499517 2277314 2618673 11901568 460740482 8810826 0.82540 0.85640 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: CAFETERIA - 2013 AMOUNT: $ 1,993,592. 2014 AMOUNT: $ 2,280,852. 2015 AMOUNT: $ 2,332,134. 2016 AMOUNT: $ 2,167,186. 2017 AMOUNT: $ 2,350,662. OTHER INCOME - 2013 AMOUNT: $ 45,968. 2014 AMOUNT: $ 185,652. 2015 AMOUNT: $ 167,383. 2016 AMOUNT: $ 110,128. 2017 AMOUNT: $ 268,011. 268418 X 0 468522658 62516766 35621240 89209102 1358214 476093348 417895359 18324115 48993345 15341592 1348569 468522658 425725267 7474568 961390 15098080 1167786 417895359 441281539 66444006 11159614 92011199 1148693 425725267 404469002 6136117 45195854 13463737 1055697 441281539 0.48880 0.18930 0.32190 0 0 4155620 4155620 54926112 31431023 23495089 21896485 17897304 3999181 6056535 5318231 738304 32388194 260058753 F 260058753 ACCRUED POST-RETIREMENT BENEFIT OBLIGATION 1309000 DEFERRED RENT EXPENSE PAYABLE 1150356 DEFERRED COMPENSATION 680540 3139896 X 105773840 10550987 18000 -287045 10281942 95491898 2094885 -699851 1395034 96886932 97589633 18000 708776 726776 96862857 2094885 2094885 98957742 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 INTERNAL REVENUE SERVICE 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 BALANCE SHEET, 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, 2018, 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 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN/(LOSS) ON FOREIGN CURRENCY EXCHANGE -287,045. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED ON PART VIII, LINE 10B -699,851. PART XII, LINE 2D - OTHER ADJUSTMENTS: AFFILIATE EXPENSES INCLUDED ON THE CONSOLIDATED FINANCIAL STATEMENT 8,925. COST OF GOODS SOLD REPORTED ON PART VIII, LINE 10B 699,851. 1 EAST ASIA AND THE PACIFIC 1 4 PROGRAM SERVICES, FUNDRAISING ACTIVITIES, MAINTAINING OFFICES PUBLIC POLICY RESEARCH 464195 MIDDLE EAST AND NORTH AFRICA 1 14 PROGRAM SERVICES, FUNDRAISING ACTIVITIES, MAINTAINING OFFICES PUBLIC POLICY RESEARCH 3980271 SOUTH ASIA 1 26 PROGRAM SERVICES, FUNDRAISING ACTIVITIES, MAINTAINING OFFICES PUBLIC POLICY RESEARCH 1350636 EAST ASIA AND THE PACIFIC 0 0 GRANT TO RECIPIENTS LOCATED IN REGION 295863 MIDDLE EAST AND NORTH AFRICA 0 0 GRANT TO RECIPIENTS LOCATED IN REGION 269155 3 44 0 0 3 44 6360120 0 6360120 EAST ASIA AND THE PACIFIC PROGRAM SERVICES 295863 WIRE TRANSFER 1 PROGRAM ASSISTANCE MIDDLE EAST AND NORTH AFRICA 6 142605 CHECK OR WIRE 126551 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 11 360403 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 1 1 X X X X X 0 1 0 0 0 0 0 1 0 JOHN ALLEN PRESIDENT (EFF. 11/2017) 197977 0 0 0 25997 0 23820 0 2740 0 250534 0 0 0 ONA ALSTON DOSUNMU SEC EFF 12/2017 INTERIM COO, VP & GE 257083 0 13000 0 508 0 32045 0 27708 0 330344 0 0 0 IRENA BARISIC VP, CFO, & TREASURER 285968 0 15000 0 135 0 34728 0 5868 0 341699 0 0 0 STEVEN J BENNETT VP & COO, SECRETARY THRU 12/2017 315521 0 25000 0 12940 0 37863 0 1070 0 392394 0 0 0 TED GAYER EVP EFF. 04/2018, VP & DIR. OF ECON. 399838 0 28000 0 225 0 48660 0 6732 0 483455 0 0 0 MARTIN S INDYK EXE VICE PRESIDENT THRU 03/2018 392170 0 25000 0 1905 0 48151 0 23873 0 491099 0 0 0 CATHERINE A PIEZ CHIEF INVESTMENT OFFICER 304608 0 6000 0 5346 0 32400 0 21853 0 370207 0 0 0 DAVID PORTER ASSOC. VP, CONTROLLER & ASST. TREAS. 213965 0 7500 0 645 0 27132 0 29888 0 279130 0 0 0 N STROBE TALBOTT PRESIDENT THRU 11/2017 574415 0 56746 0 22845 0 50400 0 23712 0 728118 0 0 0 AMY LIU WITMER VP & DIRECTOR, METROPOLITA 293500 0 20000 0 225 0 35220 0 1070 0 350015 0 0 0 BRUCE JONES VP & DIRECTOR, FOREIGN POL 283068 0 14000 0 225 0 34305 0 3879 0 335477 0 0 0 HOMI J KHARAS INTERIM VP & DIR, GLOBAL ECONOMY 257186 0 4000 0 990 0 31208 0 3950 0 297334 0 0 0 DARRELL M WEST VP & DIR OF GOVERNANCE STUDIES 318668 0 20000 0 990 0 38999 0 21112 0 399769 0 0 0 KEMAL DERVIS SR FELLOW EFF 11/2017, VP & DIR GLO 320140 0 10000 0 6255 0 34412 0 3950 0 374757 0 0 0 WILLIAM J GALE SR FELLOW & DIR, TAX POLICY CENTER 391289 0 19650 0 16441 0 32400 0 18772 0 478552 0 0 0 BRUCE J KATZ CENTENNIAL SCHOLAR THRU 03/2018 361279 0 20000 0 13765 0 32400 0 31075 0 458519 0 0 0 DAVID WESSEL SR FELLOW & DIR, HUTCHINS CENTER 278301 0 10000 0 2957 0 32400 0 22308 0 345966 0 0 0 GROVER WHITEHURST SR FELLOW-ECONOMIC STUDIES 282332 0 0 0 4570 0 32400 0 1070 0 320372 0 0 0 KIMBERLY CHURCHES FORMER SECRETARY THRU 05/2017 149225 0 0 0 11439 0 18150 0 5638 0 184452 0 0 0 PART I, LINE 1A ONE DIRECTOR RECEIVED FIRST CLASS TRAVEL. AS OF CALENDAR YEAR 2018, THE DIRECTOR IS NO LONGER EMPLOYED WITH BROOKINGS AND REIMBURSEMENT WAS WAIVED. PART I, LINE 4B STROBE TALBOTT PARTICIPATED IN A NONQUALIFIED RETIREMENT PLAN UNDER IRC 457(F). PLAN PARTICIPATION HAS ENDED AND HE RECEIVED THE PLAN PAYOUT IN JANUARY 2018. PART I, LINE 7 BONUSES ARE DISCRETIONARY AND ARE BASED ON INSTITUTIONAL AFFORDABILITY, AS DETERMINED ANNUALLY BY THE PRESIDENT. X 20 955285 FMV 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 THE 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, 2019. 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 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 CONTROLLER, 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 ARE ADDITIONALLY ASKED TO 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 AFFECTED INDIVIDUALS AS APPROPRIATE. MINOR 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. MAJOR CONFLICT OF INTEREST ISSUES AND CONFLICT OF INTEREST ISSUES INVOLVING TRUSTEES 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 NOT FEWER THAN FIVE (5) TRUSTEES, INCLUDING THE CHAIR (OR CO-CHAIRS) OF THE BOARD, THE VICE CHAIR(S) AND AT LEAST THREE (3) 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 JUDGEMENT. THE COMPENSATION COMMITTEE HAS THE AUTHORITY TO SET THE SALARY OF THE PRESIDENT AND SUCH OTHER OFFICERS, DIRECTORS, MANAGERS, OR EMPLOYEES AS THE EXECUTIVE COMMITTEE OR AUDIT COMMITTEE RECOMMENDS BE SET BY THE COMPENSATION COMMITTEE. IN SETTING SUCH SALARIES, THE COMPENSATION COMMITTEE ASKS THE VICE PRESIDENT AND 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 TENDS TO USE 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 VI, LINE 1A AND PART VII, COLUMN A, NUMBER OF BOARD MEMBERS THERE WERE SIXTY-ONE BOARD MEMBERS WHO SERVED AT ANY TIME DURING THE FISCAL YEAR. ALL BOARD MEMBERS WHO SERVED DURING THE FISCAL YEAR ARE SHOWN IN PART VII, COLUMN A. AT JUNE 30, 2018, THERE WERE ONLY FIFTY-SIX VOTING BOARD MEMBERS. FORM 990, PART IX, LINE 11G CONTACTS/PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 8,592,383. MANAGEMENT AND GENERAL EXPENSES 1,611,411. FUNDRAISING EXPENSES 76,078. TOTAL EXPENSES 10,279,872. QUALIFIED SUBCONTACTS: PROGRAM SERVICE EXPENSES 296,469. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 296,469. TEMPORARY HELP: PROGRAM SERVICE EXPENSES 829,607. MANAGEMENT AND GENERAL EXPENSES 57,795. FUNDRAISING EXPENSES 31,107. TOTAL EXPENSES 918,509. FORM 990, PART XI, LINE 9: GAIN/(LOSS) ON FOREIGN CURRENCY EXCHANGE -287,045. EFFECT OF ADOPTION PROVISIONS SFAS NO. 158 112,000. INDIA PRIVATE EXPENSES NOT INCLUDED IN FORM 990 -4,023. 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 1049 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0