2017-12-15T12:48:41-06:00 2017-06-30 BDO USA LLP 8401 GREENSBORO DRIVE 800 MCLEAN VA 22102 990 2016-07-01 201476451 PBS Foundation % PETER QUINLIVAN-VP&CONTROLLE PBSF 7037395051 2100 CRYSTAL DRIVE Suite 3rd Fl ARLINGTON VA 22202 THOMAS E TARDIVO CFO & Treasurer 7037395051 2017-12-14 true Joyce Underwood P00022361 7038930600 2017-12-14 162.249.80.3 54621820173495000000 2017-12-15 P B65468E77E574022DFAFDDD85F96250DECB19090 D3219F30755993C5424F1576AF8CB0C9953A6B1C 2016 2018-03-14 21:41:22Z PAULA A KERGER Same as C above ARLINGTON VA 22202 4499562 false X http://www.pbs.org/foundation/home/ X 2004 DC SEE SCHEDULE O 14 13 9 19 0 5729037 4086622 0 0 136431 295257 0 0 5865468 4381879 3258597 1460563 0 0 1015411 1181901 0 0 876734 398983 535842 4672991 3178306 1192477 1203573 8235303 10096537 298047 271316 7937256 9825221 X SEE SCHEDULE O false false 1124118 1124118 THE FOUNDATION MAKES GRANTS TO PBS TO ENSURE PBS' CONTINUED EXCELLENCE AND TO PROMOTE AND ENHANCE OUTSTANDING PUBLIC BROADCASTING PROGRAMS AND SERVICES. GRANTS TO PBS IN FISCAL YEAR ENDED JUNE 30, 2017 CONSIST OF FUNDING TO SUPPORT PBS' GREAT PERFORMANCES ARTS PROGRAMMING AND THE INDIES ARTS FESTIVAL PROMOTING ORIGINAL ONLINE CONTENT; SUPPORT OF KIDS LEARNING ANALYTICS; SUPPORT OF THE PITTSBURGH KIDS COMMUNITY OUTREACH PROGRAM; SUPPORT OF MASTERPIECE PROGRAMMING AND SUPPORT OF NEWS PROGRAMMING. GRANTS TO PBS IN THE FISCAL YEAR ENDED JUNE 30, 2016 CONSIST OF FUNDING TO SUPPORT PBS' GREAT PERFORMANCES ARTS PROGRAMMING AND THE INDIES ARTS FESTIVAL PROMOTING ORIGINAL ONLINE CONTENT; TO SUPPORT THE PBS SCIENTIFIC SERIES THE BRAIN, WITH DR. DAVID EAGLEMAN; TO CREATE ONLINE PROGRAMS FEATURING THE WORK OF MACARTHUR FELLOWS IN SUPPORT OF PBS LEARNINGMEDIA AND DIGITAL STUDIOS CONTENT DEVELOPMENT; TO SUPPORT THE PBS LEARNINGMEDIA CORE LEARNING PROJECT AND TO CONTINUE NEWS AND PUBLIC AFFAIRS PROGRAM DEVELOPMENT. 361078 336445 OTHER PROGRAMS SERVICES CONSISTS OF GRANTS TO MEMBER STATIONS IN EXECUTION OF GRANT REQUIREMENTS AND RECOVERY OF COSTS INCURRED IN ADMINISTRATION OF RESTRICTED GRANT REQUIREMENTS. 1485196 true true false false false false false false false true false false false false false true true true false false false false false false false false false true false true false false false false false false false false true false false false false true false false false true 8 0 true 9 true false false false false false false false false false false X 14 13 false false false false true true true true true false false true true true true true true false false false 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 X PETER QUINLIVAN-VPCONTROLLE 7037395000 2100 CRYSTAL DRIVE 3RD FLOOR ARLINGTON VA 22202 DONALD A BAER DIRECTOR 1.0 0.0 X 0 0 0 FRED BERENS DIRECTOR 1.0 0.0 X 0 0 0 AFSANEH BESCHLOSS DIRECTOR 1.0 0.0 X 0 0 0 MARY GF BITTERMAN DIRECTOR 2.0 0.0 X 0 0 0 DONALD K BOSWELL DIRECTOR 1.0 0.0 X 0 0 0 WENDY W DAYTON DIRECTOR 1.0 0.0 X 0 0 0 JOHN S DOMASCHKO DIRECTOR 1.0 0.0 X 0 0 0 BILL IMADA DIRECTOR 1.0 0.0 X 0 0 0 SUSAN JACOBSON DIRECTOR 1.0 0.0 X 0 0 0 PAULA A KERGER Director, CEO 8.0 32.0 X X 0 1073028 89712 SUSAN MARCUS DIRECTOR 1.0 0.0 X 0 0 0 JONATHAN S RACLIN DIRECTOR 1.0 0.0 X 0 0 0 LAURIE S SILVERS DIRECTOR 1.0 0.0 X 0 0 0 DAVID R WEAVER DIRECTOR 1.0 0.0 X 0 0 0 JONATHAN BARZILAY CHIEF OPERATING OFFICER 1.0 39.0 X 0 535464 70421 KATHERINE S LAUDERDALE SECRETARY 5.0 35.0 X 0 424525 49406 KATHLEEN RUSSELL ASST. SECRETARY 5.0 35.0 X 0 103034 9939 BARBARA L LANDES TREASURER 5.0 35.0 X 0 361949 62101 THOMAS E TARDIVO ASST. TREASURER 5.0 35.0 X 0 323472 59479 BRIAN J REDDINGTON EXECUTIVE DIRECTOR 40.0 0.0 X 284367 0 37610 KAREN E AVERY SR. DIR,INSTITUTIONAL GIVING 40.0 0.0 X 163152 0 38365 CARRIE C SCOTT SR. DIRECTOR, PRINCIPAL GIFTS 40.0 0.0 X 149953 0 16150 THEODORE W LIBBEY SR. MANAGER, COMMUNICATIONS 40.0 0.0 X 102830 0 9335 700302 2821472 442518 4 false true false 0 X 802538 42554 3241530 117683 4086622 0 295248 295248 0 0 0 0 0 117692 117683 9 9 9 0 0 0 0 0 0 0 0 0 0 4381879 295257 X 1460563 1460563 0 0 0 353484 247439 106045 0 659555 215240 444315 43069 11718 31351 70697 24237 46460 55096 23882 31214 0 71733 71733 23283 23283 0 0 16822 16822 46700 11675 35025 10313 455 9858 62514 62514 31688 31688 0 80844 34872 45972 92617 38028 54589 0 88455 16550 71905 0 0 0 0 ADMIN COST RECOVERY 0 24633 -24633 0 OTHER 10873 0 10873 0 3178306 1485196 816376 876734 115301 450260 0 0 504802 142133 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7454927 9187881 0 0 0 0 0 0 160273 316263 8235303 10096537 175801 228762 122246 42554 0 0 0 0 0 0 0 0 0 0 0 0 0 0 298047 271316 X 3390645 4808100 518923 989433 4027688 4027688 7937256 9825221 8235303 10096537 1203573 684392 X X false true X true false X X X 1 PUBLIC BROADCASTING SERVICE 520899215 7 true 1124118 0 1 1124118 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7485346 935608 918874 9339828 4990853 2384644 109849 7485346 0 5003329 -12422 54 4990853 0.51500 0.43120 0.05380 false false 0 0 X 5379553 684392 313282 997674 4381879 4381879 3491588 313282 313282 3178306 3178306 PART X, LINE 2: UNDER ASC 740-10, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL BE SUSTAINED. THE FOUNDATION DOES NOT BELIEVE THERE ARE ANY UNRECOGNIZED TAX BENEFITS THAT SHOULD BE RECORDED. FOR THE YEARS ENDED JUNE 30, 2017 AND 2016, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE STATEMENTS OF ACTIVITIES. THE FOUNDATION IS STILL OPEN TO EXAMINATION BY TAXING AUTHORITIES FROM FISCAL YEAR 2014 FORWARD. PART V, LINE 4: THE PBS ENDOWMENT FUND CONSISTS OF INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. AS REQUIRED BY U.S. GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED STIPULATIONS. THE FOUNDATION REPORTS THOSE FUNDS IN ACCORDANCE WITH ASC 958, ENDOWMENTS OF NOT-FOR-PROFIT ORGANIZATIONS: NET ASSET CLASSIFICATIONS OF FUNDS SUBJECT TO AN ENACTED VERSION OF THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (UPMIFA), AND ENHANCED DISCLOSURES FOR ALL ENDOWMENT FUNDS. DESCRIPTION OF ENDOWMENT FUNDS: AT JUNE 30, 2017, THE FOUNDATION HAD ENDOWMENT FUNDS TOTALING $9,339,828. OF THIS TOTAL, FUNDS TOTALING $4,027,688 WERE PERMANENTLY RESTRICTED AND $502,284 TEMPORARILY RESTRICTED WITH DONOR IMPOSED STIPULATIONS ON THE USE OF THE FUNDS. IN ADDITION TO THE PERMANENTLY RESTRICTED FUND, THE FOUNDATION HAD BOARD DESIGNATED ENDOWMENT FUNDS. DONOR RESTRICTED ENDOWMENT FUND: THE IRIS AND JOSEPH POLLOCK FUND: TO PROVIDE FOR THE BROADCAST AND DISSEMINATION OF CLASSICAL MUSIC PROGRAMMING. BOARD DESIGNATED FUND: PBS ENDOWMENT FUND: TO PROVIDE A CONTINUED SOURCE OF INCOME FOR OPERATIONS, SPECIAL PROJECTS, CAPITAL IMPROVEMENTS OR FOR EMERGENCY NEEDS. true PUBLIC BROADCASTING SERVICE 2100 CRYSTAL DRIVE ARLINGTON VA 22202 520899215 501(C)(3) 1124118 SEE PART IV WGBH EDUCATIONAL FOUNDATION ONE GUEST STREET BOSTON MA 02135 042104397 501(C)(3) 336445 SEE PART IV 2 PART I, LINE 2: THE PBS FOUNDATION'S PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S. INCLUDE THE FOLLOWING: 1) ORGANIZING THE RECEIPT AND MANAGEMENT OF FUNDING; 2) ENSURING A TASK MANAGEMENT PLAN IS ESTABLISHED TO MEET THE FUNDER'S REQUIREMENTS; 3) IMPLEMENTING A SYSTEM OF COMPLIANCE MANAGEMENT TO ENSURE RESOURCES ARE PROPERLY STEWARDED; 4) MAINTAINING ACCOUNTING AND FINANCIAL MANAGEMENT SYSTEMS AND PRACTICES; 5) FOLLOWING AUDIT MANAGEMENT GUIDELINES; AND 6) PROVIDING REGULAR REPORTING TO THE FUNDER AS REQUIRED. PART II COLUMN (H) - PURPOSE OF GRANT OR ASSISTANCE PUBLIC BROADCASTING SERVICE: TO SUPPORT THE PUBLIC BROADCASTING SERVICE WGBH EDUCATIONAL FOUNDATION: TO SUPPORT MASTERPIECE THEATER PROGRAMMING X X false false false false false false false false false PAULA A KERGER Director, CEO 0 667584 0 397000 0 8444 0 53000 0 36712 0 1162740 0 0 JONATHAN BARZILAY CHIEF OPERATING OFFICER 0 408231 0 116800 0 10433 0 33787 0 36634 0 605885 0 0 KATHERINE S LAUDERDALE SECRETARY 0 344235 0 77575 0 2715 0 34450 0 14956 0 473931 0 0 BARBARA L LANDES TREASURER 0 352294 0 0 0 9655 0 34450 0 27651 0 424050 0 0 THOMAS E TARDIVO ASST. TREASURER 0 269323 0 52650 0 1499 0 23850 0 35629 0 382951 0 0 BRIAN J REDDINGTON EXECUTIVE DIRECTOR 241942 0 42300 0 125 0 23850 0 13760 0 321977 0 0 0 KAREN E AVERY SR. DIR,INSTITUTIONAL GIVING 152852 0 7750 0 2550 0 12684 0 25681 0 201517 0 0 0 CARRIE C SCOTT SR. DIRECTOR, PRINCIPAL GIFTS 145953 0 4000 0 0 0 0 0 16150 0 166103 0 0 0 PART I, LINE 3: The Executive Committee of the PBS Board is responsible for executive compensation. The executive committee retains an independent executive compensation expert who supplies comparability data on the CEO and all Key Employees and submits a written opinion on compliance with intermediate sanctions. The Executive Committee makes a recommendation on CEO compensation to the full board, which approves any such compensation. The CEO is recused from any discussion and vote. X 6 117683 MARKET VALUE false true true SCHEDULE M, PART I, COLUMN (B): SCHEDULE M, PART I, COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. SCHEDULE M, Part I, LINE 31: THE PBS FOUNDATION GIFT ACCEPTANCE POLICY WAS REVISED EFFECTIVE JUNE 2017. NON-STANDARD GIFTS, AND ALL GIFTS > $500K IN IMPUTED VALUE, ARE REVIEWED FOR APPROPRIATENESS BY THE GIFT ACCEPTANCE COMMITTEE (GAC). THE PBS FOUNDATION'S GIFT ACCEPTANCE POLICY DENOTES ACCEPTANCE AND LIQUIDATION OF UNRESTRICTED GIFTS OF PUBLICLY TRADED SECURITIES, RESTRICTED SECURITIES AND TRANSFER OF MUTUAL FUNDS IN SUPPORT OF INITIATIVES CONSISTENT WITH THE FOUNDATION'S MISSION, PURPOSE AND PRIORITIES, AND COMPATIBLE WITH THE FOUNDATION'S TAX-EXEMPT STATUS. TRANSFERS ARE MADE TO THE FOUNDATION'S INVESTMENT ACCOUNT, OR DONOR ACCOUNTS MAY BE TRANSFERRED TO THE FOUNDATION AS THE BENEFICIARY OF A BEQUEST OR RETIREMENT PLAN. THE FOUNDATION WORKS WITH THE APPLICABLE FINANCIAL INSTITUTION AND THE PARENT COMPANY'S DIRECTOR OF TREASURY TO CONVERT SECURITIES TO CASH, WITHIN A 90 DAY PERIOD FROM RECEIPT OF THE GIFT. GIFTS OF TANGIBLE PERSONAL AND REAL PROPERTY ARE REVIEWED FOR ACCEPTANCE BY THE GIFT ACCEPTANCE COMMITTEE ON A CASE-BY-CASE BASIS. SCHEDULE M, Part I, LINE 32 a, b: THE PBS DIRECTOR OF TREASURY OPERATIONS PROVIDES ASSISTANCE IN LIQUIDATING NON-CASH CONTRIBUTIONS DIRECTED TO THE PBS FOUNDATION, AND PROVIDES OVERSIGHT TO THE FOUNDATION'S ENDOWMENT FUNDS INVESTMENT PORTFOLIO. FORM 990, PART I, LINE 1: TO ENLIST PHILANTHROPIC SUPPORT OF PUBLIC BROADCASTING THROUGH ESTABLISHING SPECIAL INITIATIVES FUNDS TO ENSURE PBS CONTINUED EXCELLENCE, AND TO PROMOTE AND ENHANCE OUTSTANDING PUBLIC BROADCASTING PROGRAMS AND SERVICES. FORM 990, PART III, LINE 1: THE FOUNDATION ENLISTS PHILANTHROPIC SUPPORT OF PUBLIC BROADCASTING THROUGH ESTABLISHING SPECIAL INITIATIVES FUNDS AND A PERMANENT ENDOWMENT TO ENSURE PBS CONTINUED EXCELLENCE, AND TO PROMOTE AND ENHANCE OUTSTANDING PUBLIC BROADCASTING PROGRAMS AND SERVICES. WORKING COLLABORATIVELY AND COOPERATIVELY WITH MEMBER STATIONS, THE FOUNDATION ENDEAVORS TO SECURE THE EXTRAORDINARY FUNDING NECESSARY TO MAINTAIN AND ENHANCE PBS COMMITMENT TO SERVING THE AMERICAN PUBLIC. FORM 990, PART VI, SECTION A, LINE 6: PBS IS PBS FOUNDATION'S SOLE MEMBER (ARTICLE 2.1 OF THE PBS FOUNDATION BYLAWS). FORM 990, PART VI, SECTION A, LINE 7A: PER ARTICLE 3.3 OF THE PBS FOUNDATION BYLAWS, the Chair of the PBS Board of Directors, the President of PBS and a third member from either the PBS Board of Directors or a senior executive of PBS, shall serve as ex officio voting members of the PBS Foundation Board. FORM 990, PART VI, SECTION A, LINE 7B: PER ARTICLE 3.3 OF THE BYLAWS, PBS'S NOMINATING AND CORPORATE GOVERNANCE COMMITTEE MUST APPROVE ALL APPOINTMENTS OF PBS FOUNDATION BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B: THE PROCESS FOR REVIEWING THE PBS FOUNDATION FORM 990 PRIOR TO FILING INCLUDES A THOROUGH REVIEW BY THE EXECUTIVE DIRECTOR AND CERTAIN OFFICERS OF THE PBS FOUNDATION, INCLUDING THE PRESIDENT, TREASURER, AND CORPORATE SECRETARY. THESE OFFICERS OF THE FOUNDATION ARE ALSO MEMBERS OF THE SENIOR MANAGEMENT TEAM AT PBS. IN ADDITION, COPIES OF THE FORM ARE PROVIDED TO THE FULL BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C: IN ACCORDANCE WITH PBS'S CONFLICT OF INTEREST POLICY, PBS FOUNDATION EXECUTIVE STAFF, OFFICERS AND BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM AT THE BEGINNING OF EACH FISCAL YEAR AND ARE REQUIRED TO UPDATE THE FORM AS NECESSARY THROUGHOUT THE YEAR. THESE FORMS ARE DISTRIBUTED, COLLECTED, REVIEWED, AND RETAINED BY PBS FOUNDATION'S CORPORATE SECRETARY, WHO ALSO SERVES AS PBS'S GENERAL COUNSEL AND CORPORATE SECRETARY. FORM 990, PART VI, SECTION B, LINE 15a: A third-party consultant who is a compensation expert provides comparability data for the Foundation Executive Director position each year. The PBS Chief Operating Officer working with the Human Resource department and using this comparability data makes a compensation recommendation for the Foundation Executive Director. The Chief Executive Officer reviews and approves the recommendation made by the Chief Operating Officer. The process for determining the PBS CEOs compensation is detailed in Schedule J, Part III. FORM 990, PART VI, SECTION C, LINE 19: FINANCIAL STATEMENTS AND POLICIES GOVERNING THE PBS FOUNDATION ARE MADE AVAILABLE UPON REQUEST IN WRITING. FORM 990, PART VIII, LINE 7A AND 7B: THE PBS FOUNDATION RECEIVES CONTRIBUTIONS IN THE FORM OF SECURITIES WHICH IN PRACTICE IT LIQUIDATES TO CASH AS SOON AS REASONABLY POSSIBLE. THESE AMOUNTS ARE RECORDED AS CONTRIBUTION REVENUE AT FAIR MARKET VALUE (FMV) IN LINE 1F OF THE SCHEDULE, AND ASSIGNED AN EQUIVALENT COST BASIS IN LINE 7B, IN THE PERIOD RECEIVED. THESE SAME SECURITIES ARE RECORDED AT THE GROSS SALES AMOUNT ON LINE 7A OF THE SCHEDULE WHEN SOLD, RESULTING IN AN OFFSETTING GAIN OR LOSS IN FAIR MARKET VALUE (FMV) AT LIQUIDATION. FORM 990, PART IX, line 25: THE FOUNDATION IS A SUPPORTING ORGANIZATION WHOSE EFFORTS AND RELATED EXPENDITURES SOMETIMES RESULT IN BENEFITS NOT REFLECTED IN ITS OWN Form 990 REPORT, AS THESE BENEFITS ARE RECEIVED DIRECTLY BY ITS SUPPORTED ORGANIZATION, PUBLIC BROADCASTING SERVICE. FORM 990, PART XI, LINE 3: RECONCILIATION OF NET ASSETS: SUPPLEMENTAL INFORMATION EXPLANATION: REVENUES ARE GREATER THAN EXPENSES REFLECTING THE TIMING OF RECEIPT OF GRANT FUNDS OR COMMITMENTS IN ONE PERIOD, AND DISBURSEMENT OF THOSE FUNDS IN FULFILLMENT OF THOSE OBLIGATIONS IN SUBSEQUENT PERIODS. FORM 990, PART XII, LINE 2C: THERE WAS NO CHANGE IN THE AUDIT OVERSIGHT PROCESS FROM THE PREVIOUS YEAR. PUBLIC BROADCASTING SERVICE 2100 Crystal Drive Arlington VA 22202 520899215 SEE PART VII DC 501(c)(3) 07 na false false true true false false false false false false false false true true true false true false false false PART II, COLUMN (B) PRIMARY ACTIVITY: PUBLIC BROADCASTING SERVICE IS A NATIONAL MEMBER ORGANIZATION FOR AMERICA'S PUBLIC TV STATIONS.