RAND CORPORATION: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- RAND CORPORATION (EIN 95-1958142)
- Tax period
- 2015-09-28 to 2016-09-30
- Filed
- 2017-02-14
- IRS object ID
- 201700459349302270
- Schema version
- 2015v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-02-14T12:35:45-06:00 | ReturnTs |
| Tax Period End | 2016-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 18101 VON KARMAN AVENUE SUITE 1700 | AddressLine1Txt |
| City | IRVINE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92612 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-09-28 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 951958142 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE RAND CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % MICHAEL JANUZIK | InCareOfNm |
| Business Name Control | RAND | BusinessNameControlTxt |
| Phone | 3103930411 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1776 MAIN STREET PO BOX 2138 | AddressLine1Txt |
| City | SANTA MONICA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 904072138 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL JANUZIK | PersonNm |
| Person Title | VP & CFO | PersonTitleTxt |
| Phone | 3103930411 | PhoneNum |
| Signature | 2017-02-13 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KARA ADAMS | PreparerPersonNm |
| PTIN | P00023315 | PTIN |
| Phone | 9497942300 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MICHAEL D RICH | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SAME AS C ABOVE | AddressLine1Txt |
| City | SANTA MONICA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 904072138 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $358,258,941 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.RAND.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1948 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | HELP IMPROVE POLICY AND DECISION MAKING THROUGH RESEARCH AND ANALYSIS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 26 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 25 | VotingMembersIndependentCnt |
| Total Employee | 2239 | TotalEmployeeCnt |
| Total Volunteers | 8 | TotalVolunteersCnt |
| Total Gross UBI | -$171,719 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$171,719 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $294,847,366 | PYContributionsGrantsAmt |
| CY Contributions Grants | $305,503,767 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $11,488,434 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $10,345,635 | CYProgramServiceRevenueAmt |
| PY Investment Income | $15,210,774 | PYInvestmentIncomeAmt |
| CY Investment Income | $10,528,762 | CYInvestmentIncomeAmt |
| PY Other Revenue | $637,673 | PYOtherRevenueAmt |
| CY Other Revenue | $1,677 | CYOtherRevenueAmt |
| PY Total Revenue | $322,184,247 | PYTotalRevenueAmt |
| CY Total Revenue | $326,379,841 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $300,427 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $235,290 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $216,247,336 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $230,293,642 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $4,347,841 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $96,099,594 | PYOtherExpensesAmt |
| CY Other Expenses | $96,128,788 | CYOtherExpensesAmt |
| PY Total Expenses | $312,647,357 | PYTotalExpensesAmt |
| CY Total Expenses | $326,657,720 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $9,536,890 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$277,879 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $442,243,093 | TotalAssetsBOYAmt |
| Total Assets EOY | $454,202,275 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $209,890,729 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $215,809,474 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $232,352,364 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $238,392,801 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | HELP IMPROVE POLICY AND DECISION MAKING THROUGH RESEARCH AND ANALYSIS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $246,598,303 | ExpenseAmt |
| Grant | $235,290 | GrantAmt |
| Revenue | $10,345,635 | RevenueAmt |
| Desc | PUBLIC POLICY RESEARCH ALL IN THE FURTHERANCE OF OUR CHARTER "TO FURTHER AND PROMOTE SCIENTIFIC, EDUCATIONAL, AND CHARITABLE PURPOSES ALL FOR THE PUBLIC WELFARE AND SECURITY OF THE UNITED STATESTHE OPERATION OF DOCTORAL AND DEGREE PROGRAMS. | Desc |
| Total Program Service Expenses | $246,598,303 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | Yes (true) | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | Yes (true) | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 693 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 2239 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | AS | ForeignCountryCd |
| Foreign Country | UK | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 26 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 25 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL JANUZIK | PersonNm |
| Phone | 3103930411 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1776 MAIN STREET | AddressLine1Txt |
| City | SANTA MONICA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90401 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (45 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| MICHAEL D RICH | ||||||||||
| PRESIDENT & CEO | 40.0 | 0.0 | Yes (X) | Yes (X) | $871,865 | $0 | $71,015 | |||
| SHEILA C BAIR | ||||||||||
| TRUSTEE (PART YEAR) | 1.0 | 0.0 | Yes (X) | $2,100 | $0 | $0 | ||||
| BARBARA BARRETT | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $4,900 | $0 | $0 | ||||
| CARL O BILDT | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $3,000 | $0 | $0 | ||||
| RICHARD J DANZIG | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| KENNETH FEINBERG | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $3,500 | $0 | $0 | ||||
| FRANCIS FUKUYAMA | ||||||||||
| TRUSTEE (PART YEAR) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| MALCOLM GLADWELL | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $2,100 | $0 | $0 | ||||
| MICHAEL GOULD | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $4,200 | $0 | $0 | ||||
| PEDRO JOSE GREER JR | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $7,148 | $0 | $0 | ||||
| CHUCK HAGEL | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $3,604 | $0 | $0 | ||||
| BONNIE HILL | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| KAREN ELLIOTT HOUSE | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| JOEL Z HYATT | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $2,100 | $0 | $0 | ||||
| LIONEL C JOHNSON | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $2,100 | $0 | $0 | ||||
| PAUL G KAMINSKI | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $4,697 | $0 | $0 | ||||
| ANN MCLAUGHLIN KOROLOGOS | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $6,300 | $0 | $0 | ||||
| PHILIP LADER | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $8,400 | $0 | $0 | ||||
| JAMES B LOVELACE | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| PETER LOWY | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| MICHAEL LYNTON | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| SOLEDAD O'BRIEN | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $2,100 | $0 | $0 | ||||
| RONALD L OLSON | ||||||||||
| TRUSTEE (PART YEAR) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| GERALD L PARSKY | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $1,400 | $0 | $0 | ||||
| MARY E PETERS | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $4,200 | $0 | $0 | ||||
| DAVID L PORGES | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $3,500 | $0 | $0 | ||||
| DONALD B RICE | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $5,273 | $0 | $0 | ||||
| HECTOR RUIZ | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $4,200 | $0 | $0 | ||||
| LEONARD D SCHAEFFER | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | $3,500 | $0 | $0 | ||||
| RICHARD FALLON | ||||||||||
| SENIOR VICE PRESIDENT AND CFO | 40.0 | 0.0 | Yes (X) | $464,717 | $0 | $60,409 | ||||
| ANDREW HOEHN | ||||||||||
| SVP, RESEARCH AND ANALYSIS | 40.0 | 0.0 | Yes (X) | $399,554 | $0 | $49,485 | ||||
| SUSAN L MARQUIS | ||||||||||
| DEAN, PRGS & VP, EPRM | 40.0 | 0.0 | Yes (X) | $344,031 | $0 | $56,072 | ||||
| DEBRA L SCHROEDER | ||||||||||
| VP, GENERAL COUNSEL & CORP SEC | 40.0 | 0.0 | Yes (X) | $297,960 | $0 | $52,876 | ||||
| ALLISON E ELDER | ||||||||||
| VP, HUMAN RESOURCES | 40.0 | 0.0 | $245,481 | $0 | $50,976 | Yes (X) | ||||
| TIMOTHY M BONDS | ||||||||||
| VP, DIR, RESEARCH | 40.0 | 0.0 | $312,061 | $0 | $52,071 | Yes (X) | ||||
| JENNIFER DP MORONEY | ||||||||||
| DIR, RAND AUSTRALIA | 0.0 | 40.0 | $0 | $355,859 | $47,442 | Yes (X) | ||||
| K JACK RILEY | ||||||||||
| VP, DIR, RESEARCH | 40.0 | 0.0 | $325,991 | $0 | $42,418 | Yes (X) | ||||
| JAMES P SMITH | ||||||||||
| SENIOR PRINCIPAL RESEARCHER | 40.0 | 0.0 | $352,998 | $0 | $44,757 | Yes (X) | ||||
| JEFFREY WASSERMAN | ||||||||||
| VP, DIR OF RAND HEALTH | 40.0 | 0.0 | $347,205 | $0 | $60,143 | Yes (X) | ||||
| ROBERT H BROOK | ||||||||||
| SR PRINCIPAL RSRCHR (FRMR OFC) | 20.0 | 0.0 | $210,842 | $0 | $53,307 | Yes (X) | ||||
| EDWARD T HARSHBERGER | ||||||||||
| VICE PRESIDENT (FRMR OFFICER) | 40.0 | 0.0 | $287,228 | $0 | $61,060 | Yes (X) | ||||
| DEBRA S KNOPMAN | ||||||||||
| VICE PRESIDENT (FRMR OFFICER) | 40.0 | 0.0 | $255,267 | $0 | $51,501 | Yes (X) | ||||
| CHARLES P RIES | ||||||||||
| VICE PRESIDENT (FRMR OFFICER) | 40.0 | 0.0 | $261,988 | $0 | $39,155 | Yes (X) | ||||
| MELISSA K ROWE | ||||||||||
| VICE PRESIDENT (FRMR OFFICER) | 40.0 | 0.0 | $271,886 | $0 | $59,297 | Yes (X) | ||||
| HANS PUNG | ||||||||||
| VICE PRESIDENT (FRMR OFFICER) | 0.0 | 40.0 | $0 | $205,124 | $17,207 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $5,327,396 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $560,983 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $869,191 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 716 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| JOHNSON CONTROLS INC | |||||
| 5757 N GREEN BAY AVE PO BOX 591 | MILWAUKEE | WI | 53201 | BUILDING MAINTENANCE | $1,121,764 |
| SERVICON SYSTEMS INC | |||||
| 3965 LANDMARK STREET | CULVER CITY | CA | 90232 | JANITORIAL SERVICES | $801,455 |
| SODEXO AFFILIATES | |||||
| 9801 WASHINGTON BLVD | GAITHERSBURG | MD | 20878 | FOOD MANAGEMENT | $574,361 |
| FALKEN INDUSTRIES LLC | |||||
| 10372 BATTLEVIEW PARKWAY | MANASSAS | VA | 20109 | GUARD/SECURITY SVCS | $543,495 |
| APPLEONE EMPLOYMENT SERVICES | |||||
| 327 WEST BROADWAY | GLENDALE | CA | 91204 | EMPLOYMENT SERVICES | $378,817 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 43 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $0 | FundraisingAmt |
| Government Grants | $254,093,550 | GovernmentGrantsAmt |
| All Other Contributions | $51,410,217 | AllOtherContributionsAmt |
| Noncash Contributions | $0 | NoncashContributionsAmt |
| Total Contributions | $305,503,767 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEE REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $10,345,635 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $10,345,635 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $10,345,635 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,848,893 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$173,396 | UnrelatedBusinessRevenueAmt |
| Exclusion | $7,022,289 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $35,549,698 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $31,869,829 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,679,869 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,679,869 | TotalRevenueColumnAmt |
| Exclusion | $3,679,869 | ExclusionAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $10,948 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $9,271 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,677 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $1,677 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $326,379,841 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $10,345,635 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$171,719 | UnrelatedBusinessRevenueAmt |
| Exclusion | $10,702,158 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $235,290 | TotalAmt |
| Program Services | $235,290 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,847,418 | TotalAmt |
| Program Services | $1,012,986 | ProgramServicesAmt |
| Management And General | $1,735,580 | ManagementAndGeneralAmt |
| Fundraising | $98,852 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,586,375 | TotalAmt |
| Program Services | $752,735 | ProgramServicesAmt |
| Management And General | $753,211 | ManagementAndGeneralAmt |
| Fundraising | $80,429 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $154,907,235 | TotalAmt |
| Program Services | $127,291,208 | ProgramServicesAmt |
| Management And General | $25,308,087 | ManagementAndGeneralAmt |
| Fundraising | $2,307,940 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,585,635 | TotalAmt |
| Program Services | $10,711,877 | ProgramServicesAmt |
| Management And General | $2,654,966 | ManagementAndGeneralAmt |
| Fundraising | $218,792 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,962,423 | TotalAmt |
| Program Services | $34,906,871 | ProgramServicesAmt |
| Management And General | $9,355,935 | ManagementAndGeneralAmt |
| Fundraising | $699,617 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,404,556 | TotalAmt |
| Program Services | $9,982,749 | ProgramServicesAmt |
| Management And General | $2,237,424 | ManagementAndGeneralAmt |
| Fundraising | $184,383 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $997,826 | TotalAmt |
| Management And General | $984,716 | ManagementAndGeneralAmt |
| Fundraising | $13,110 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $864,338 | TotalAmt |
| Management And General | $864,338 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $434,329 | TotalAmt |
| Management And General | $434,329 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,606,125 | TotalAmt |
| Program Services | $5,309,784 | ProgramServicesAmt |
| Management And General | $4,956,385 | ManagementAndGeneralAmt |
| Fundraising | $339,956 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,850,645 | TotalAmt |
| Program Services | $4,354,287 | ProgramServicesAmt |
| Management And General | $2,388,831 | ManagementAndGeneralAmt |
| Fundraising | $107,527 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,749,517 | TotalAmt |
| Program Services | $8,743,288 | ProgramServicesAmt |
| Management And General | $2,921,652 | ManagementAndGeneralAmt |
| Fundraising | $84,577 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,391,195 | TotalAmt |
| Program Services | $4,819,667 | ProgramServicesAmt |
| Management And General | $3,488,761 | ManagementAndGeneralAmt |
| Fundraising | $82,767 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,605,182 | TotalAmt |
| Program Services | $12,110,005 | ProgramServicesAmt |
| Management And General | $2,395,316 | ManagementAndGeneralAmt |
| Fundraising | $99,861 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $516,149 | TotalAmt |
| Program Services | $344,489 | ProgramServicesAmt |
| Management And General | $168,297 | ManagementAndGeneralAmt |
| Fundraising | $3,363 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,736,478 | TotalAmt |
| Management And General | $3,736,478 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,644,171 | TotalAmt |
| Program Services | $2,314,324 | ProgramServicesAmt |
| Management And General | $8,329,847 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,586,101 | TotalAmt |
| Program Services | $456,021 | ProgramServicesAmt |
| Management And General | $1,130,080 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| SUBCONTRACTS | $20,581,331 | $20,580,831 | $500 | |
| LETTER AGREEMENTS | $1,521,827 | $1,510,127 | $8,700 | $3,000 |
| TAXES AND LICENSES | $779,342 | $93,622 | $683,026 | $2,694 |
| MISCELLANEOUS EXPENSES | $2,264,232 | $1,068,142 | $1,175,117 | $20,973 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $326,657,720 | TotalAmt |
| Program Services | $246,598,303 | ProgramServicesAmt |
| Management And General | $75,711,576 | ManagementAndGeneralAmt |
| Fundraising | $4,347,841 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,691,846 | BOYAmt |
| EOY | $11,054,952 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,562,659 | BOYAmt |
| EOY | $25,336,190 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,675,481 | BOYAmt |
| EOY | $5,076,570 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,256,778 | BOYAmt |
| EOY | $49,157,840 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,868,095 | BOYAmt |
| EOY | $3,837,398 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,839 | BOYAmt |
| EOY | $13,190 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,228,003 | BOYAmt |
| EOY | $6,052,352 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $221,718,002 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $110,832,139 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $110,584,245 | BOYAmt |
| EOY | $110,885,863 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $138,488,276 | BOYAmt |
| EOY | $148,368,514 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,137,640 | BOYAmt |
| EOY | $87,965,587 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,739,231 | BOYAmt |
| EOY | $6,453,819 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $442,243,093 | BOYAmt |
| EOY | $454,202,275 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,107,320 | BOYAmt |
| EOY | $71,952,111 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,527,000 | BOYAmt |
| EOY | $18,412,459 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $114,150,000 | BOYAmt |
| EOY | $110,777,242 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,106,409 | BOYAmt |
| EOY | $14,667,662 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $209,890,729 | BOYAmt |
| EOY | $215,809,474 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $147,269,725 | BOYAmt |
| EOY | $148,197,167 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,526,164 | BOYAmt |
| EOY | $30,394,375 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,556,475 | BOYAmt |
| EOY | $59,801,259 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $232,352,364 | BOYAmt |
| EOY | $238,392,801 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $442,243,093 | BOYAmt |
| EOY | $454,202,275 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$277,879 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $13,092,494 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$6,774,178 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $263,304,404 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $261,940,012 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $271,589,437 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $294,847,366 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $305,503,767 | CurrentTaxYearAmt |
| Total | $1,397,184,986 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $263,304,404 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $261,940,012 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $271,589,437 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $294,847,366 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $305,503,767 | CurrentTaxYearAmt |
| Total | $1,397,184,986 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $0 | SubstantialContributorsTotAmt |
| Public Support Total170 | $1,397,184,986 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,096,276 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,485,162 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,058,167 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,214,281 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,848,893 | CurrentTaxYearAmt |
| Total | $26,702,779 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,953,823 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $996,400 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $528,807 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $636,748 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $4,115,778 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,428,003,543 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $54,863,043 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.97842 | PublicSupportCY170Pct |
| Public Support PY170 | 0.97743 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbyingGrp |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $4,759 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $4,759 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $326,652,961 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $326,657,720 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Lbbyng Grassroot Mns Non Tx | TotLbbyngGrassrootMnsNonTxGrp | |
| Tot Lbby Expend Mns Lbbyng Non Tx | TotLbbyExpendMnsLbbyngNonTxGrp | |
| Form4720 Filed | false | Form4720FiledInd |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $12,314 | CurrentYearMinus3Amt |
| Current Year Minus2 | $16,265 | CurrentYearMinus2Amt |
| Current Year Minus1 | $12,883 | CurrentYearMinus1Amt |
| Current Year | $4,759 | CurrentYearAmt |
| Total | $46,221 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $0 | CurrentYearMinus3Amt |
| Current Year Minus2 | $0 | CurrentYearMinus2Amt |
| Current Year Minus1 | $0 | CurrentYearMinus1Amt |
| Current Year | $0 | CurrentYearAmt |
| Total | $0 | TotalAmt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $221,825 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Held Works Art | HeldWorksArtGrp | |
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
| Agent Trustee Etc | Yes (true) | AgentTrusteeEtcInd |
| Beginning Balance | $16,457,236 | BeginningBalanceAmt |
| Additions During Year | $3,493,008 | AdditionsDuringYearAmt |
| Distributions During Year | $1,227,473 | DistributionsDuringYearAmt |
| Ending Balance | $18,722,771 | EndingBalanceAmt |
| Incl Escrow Custodial Acct Liab | false | InclEscrowCustodialAcctLiabInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $221,677,738 | BeginningYearBalanceAmt |
| Contributions | $3,239,621 | ContributionsAmt |
| Investment Earnings Or Losses | $22,926,164 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $11,509,371 | OtherExpendituresAmt |
| End Year Balance | $236,334,152 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $230,685,584 | BeginningYearBalanceAmt |
| Contributions | $2,541,227 | ContributionsAmt |
| Investment Earnings Or Losses | -$8,293,105 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,255,968 | OtherExpendituresAmt |
| End Year Balance | $221,677,738 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $217,023,154 | BeginningYearBalanceAmt |
| Contributions | $5,507,592 | ContributionsAmt |
| Investment Earnings Or Losses | $18,019,165 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $9,864,327 | OtherExpendituresAmt |
| End Year Balance | $230,685,584 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $196,443,612 | BeginningYearBalanceAmt |
| Contributions | $3,008,095 | ContributionsAmt |
| Investment Earnings Or Losses | $26,824,470 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $9,253,023 | OtherExpendituresAmt |
| End Year Balance | $217,023,154 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $178,424,170 | BeginningYearBalanceAmt |
| Contributions | $2,414,985 | ContributionsAmt |
| Investment Earnings Or Losses | $24,221,280 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $8,616,823 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $196,443,612 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.66600 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.08500 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.24900 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,334,060 | OtherCostOrOtherBasisAmt |
| Book Value | $1,334,060 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $114,840,325 | OtherCostOrOtherBasisAmt |
| Depreciation | $34,123,092 | DepreciationAmt |
| Book Value | $80,717,233 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,018,897 | OtherCostOrOtherBasisAmt |
| Depreciation | $13,018,109 | DepreciationAmt |
| Book Value | $2,000,788 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $86,887,436 | OtherCostOrOtherBasisAmt |
| Depreciation | $63,690,938 | DepreciationAmt |
| Book Value | $23,196,498 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,637,284 | OtherCostOrOtherBasisAmt |
| Book Value | $3,637,284 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $110,885,863 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ALTERNATIVE INVESTMENTS | Desc |
| Book Value | $87,965,587 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $87,965,587 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED POST RETIREMENT BENEFIT | Desc |
| Amt | $14,667,662 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $14,667,662 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $351,741,986 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $13,092,494 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $4,475 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $13,032,317 | OtherRevenueAmt |
| Revenue Not Reported | $26,129,286 | RevenueNotReportedAmt |
| Revenue Subtotal | $325,612,700 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $429,329 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $337,812 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $767,141 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $326,379,841 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $340,364,680 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $4,475 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $14,469,626 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $14,474,101 | ExpensesNotReportedAmt |
| Expenses Subtotal | $325,890,579 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $429,329 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $337,812 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $767,141 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $326,657,720 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PART III, LINE 4 | COLLECTIONS AND HOW THEY FURTHER THE ORGANIZATION'S EXEMPT PURPOSE THE DONATED ARTWORK ASSISTS RAND IN ITS MISSION AS IT ALLOWS RAND TO OFFER COLLECTION TOURS AS PART OF DONOR CULTIVATION AND CONTINUES TO BE A FEATURED PART OF RAND'S ART AND ARCHITECTURE TOURS FOR THE COMMUNITY. SCHEDULE D, PART IV, LINE 1B TRUST ESCROW AND CUSTODIAL ARRANGEMENTS RAND CONTRIBUTES TO, AND IS THE SOLE TRUSTEE OF, A VOLUNTARY EMPLOYEE BENEFIT ASSOCIATION IRREVOCABLE TRUST THAT IS USED TO PARTIALLY FUND HEALTH CARE BENEFITS FOR RETIREES AND THEIR ELIGIBLE DEPENDENTS. BENEFICIARIES SHARE SUBSTANTIALLY IN THE COST OF COVERAGE. |
| SCHEDULE D, PART V, LINE 4 | USES OF ENDOWMENT FUNDS RAND'S ENDOWMENT CONSISTS OF APPROXIMATELY 36 INDIVIDUAL INVESTMENT FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. IT HAS BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENT FUNDS. RAND HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ITS ENDOWMENT THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO THE PROGRAMS SUPPORTED BY THE ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. |
| SCHEDULE D, PART XI, LINE 2D | RAND EUROPE REVENUE $11,193,844 RAND AUSTRALIA REVENUE $ 1,838,473 ----------- TOTAL $13,032,317 |
| SCHEDULE D, PART XI, LINE 4B | INTEREST INCOME GROSS UP $336,135 RAND STORE REVENUE $ 1,677 -------- TOTAL $337,812 |
| SCHEDULE D, PART XII, LINE 2D | RAND EUROPE EXPENSES $11,782,643 RAND AUSTRALIA EXPENSES $ 2,686,985 ROUNDING ($ 2) ----------- TOTAL $14,469,626 |
| SCHEDULE D, PART XII, LINE 4B | INTEREST INCOME GROSS UP $336,135 RAND STORE REVENUE $ 1,677 -------- TOTAL $337,812 |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|
| Russia and the Newly Independent States | Program Services | public policy research | $224,935 |
| Central America and the Caribbean | Investments | $12,506,322 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Spent | $12,731,257 | SubtotalSpentAmt |
| Total Spent | $12,731,257 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE F, PART I, LINE 3 COLUMN F | FormAndLineReferenceDesc |
| Explanation | ACCOUNTING METHOD CONSISTENT WITH OTHER EXPENDITURES DISCLOSED IN THIS 990 FORM, THE PROGRAM SERVICE EXPENDITURES LISTED IN SCHEDULE F, PART I ARE SHOWN USING AN ACCRUAL BASIS OF ACCOUNTING. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FELLOWSHIP GRANTS | GrantTypeTxt |
| Recipient | 7 | RecipientCnt |
| Cash Grant | $235,290 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | DESCRIPTION OF ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF FUNDS TO ENHANCE ITS RESEARCH AGENDA AND PROVIDE VALUABLE TRAINING IN POLICY ANALYSIS, THE RAND CORPORATION PARTICIPATES IN A NUMBER OF PROGRAMS THAT PROVIDE FUNDING FOR FELLOWSHIPS. OUTSIDE ORGANIZATIONS, AGENCIES, AND FOUNDATIONS OCCASIONALLY MAKE FELLOWSHIPS AVAILABLE THROUGH GRANTS AWARDED TO RAND. SUCH OPPORTUNITIES ARE GENERALLY WIDELY ADVERTISED AND A COMPETITIVE APPLICATION PROCESS DETERMINES THE FELLOWSHIP RECIPIENT. FELLOWSHIP FUNDS ARE SEGREGATED AND MANAGEMENT ACTIVELY MONITORS SPENDING TO ENSURE ANY AND ALL REQUIREMENTS ARE MET, WHICH INCLUDES SUBMITTING PROGRESS REPORTS ATTESTING TO THE WORK COMPLETED BY THESE FELLOWS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (17 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MICHAEL D RICH | ||||||||||||||
| PRESIDENT & CEO | $514,173 | $0 | $294,794 | $0 | $62,898 | $0 | $49,175 | $0 | $21,840 | $0 | $942,880 | $0 | $0 | $0 |
| RICHARD FALLON | ||||||||||||||
| SENIOR VICE PRESIDENT AND CFO | $323,660 | $0 | $137,677 | $0 | $3,380 | $0 | $31,175 | $0 | $29,234 | $0 | $525,126 | $0 | $0 | $0 |
| ANDREW HOEHN | ||||||||||||||
| SVP, RESEARCH AND ANALYSIS | $299,417 | $0 | $98,170 | $0 | $1,967 | $0 | $31,175 | $0 | $18,310 | $0 | $449,039 | $0 | $0 | $0 |
| SUSAN L MARQUIS | ||||||||||||||
| DEAN, PRGS & VP, EPRM | $298,891 | $0 | $43,187 | $0 | $1,953 | $0 | $31,175 | $0 | $24,897 | $0 | $400,103 | $0 | $0 | $0 |
| DEBRA L SCHROEDER | ||||||||||||||
| VP, GENERAL COUNSEL & CORP SEC | $257,156 | $0 | $40,215 | $0 | $589 | $0 | $31,175 | $0 | $21,701 | $0 | $350,836 | $0 | $0 | $0 |
| ALLISON E ELDER | ||||||||||||||
| VP, HUMAN RESOURCES | $195,395 | $0 | $29,505 | $0 | $20,581 | $0 | $26,013 | $0 | $24,963 | $0 | $296,457 | $0 | $0 | $0 |
| TIMOTHY M BONDS | ||||||||||||||
| VP, DIR, RESEARCH | $232,443 | $0 | $56,933 | $0 | $22,685 | $0 | $31,175 | $0 | $20,896 | $0 | $364,132 | $0 | $0 | $0 |
| JENNIFER DP MORONEY | ||||||||||||||
| DIR, RAND AUSTRALIA | $0 | $175,534 | $0 | $42,776 | $0 | $137,549 | $0 | $20,992 | $0 | $26,450 | $0 | $403,301 | $0 | $0 |
| K JACK RILEY | ||||||||||||||
| VP, DIR, RESEARCH | $270,819 | $0 | $52,704 | $0 | $2,468 | $0 | $31,175 | $0 | $11,243 | $0 | $368,409 | $0 | $0 | $0 |
| JAMES P SMITH | ||||||||||||||
| SENIOR PRINCIPAL RESEARCHER | $346,724 | $0 | $0 | $0 | $6,274 | $0 | $31,175 | $0 | $13,582 | $0 | $397,755 | $0 | $0 | $0 |
| JEFFREY WASSERMAN | ||||||||||||||
| VP, DIR OF RAND HEALTH | $266,364 | $0 | $57,586 | $0 | $23,255 | $0 | $31,175 | $0 | $28,968 | $0 | $407,348 | $0 | $0 | $0 |
| ROBERT H BROOK | ||||||||||||||
| SR PRINCIPAL RSRCHR (FRMR OFC) | $196,784 | $0 | $0 | $0 | $14,058 | $0 | $23,950 | $0 | $29,357 | $0 | $264,149 | $0 | $0 | $0 |
| EDWARD T HARSHBERGER | ||||||||||||||
| VICE PRESIDENT (FRMR OFFICER) | $242,462 | $0 | $43,698 | $0 | $1,068 | $0 | $31,175 | $0 | $29,885 | $0 | $348,288 | $0 | $0 | $0 |
| DEBRA S KNOPMAN | ||||||||||||||
| VICE PRESIDENT (FRMR OFFICER) | $233,948 | $0 | $16,050 | $0 | $5,269 | $0 | $29,973 | $0 | $21,528 | $0 | $306,768 | $0 | $0 | $0 |
| CHARLES P RIES | ||||||||||||||
| VICE PRESIDENT (FRMR OFFICER) | $212,054 | $0 | $47,648 | $0 | $2,286 | $0 | $30,967 | $0 | $8,188 | $0 | $301,143 | $0 | $0 | $0 |
| MELISSA K ROWE | ||||||||||||||
| VICE PRESIDENT (FRMR OFFICER) | $229,073 | $0 | $42,813 | $0 | $0 | $0 | $31,175 | $0 | $28,122 | $0 | $331,183 | $0 | $0 | $0 |
| HANS PUNG | ||||||||||||||
| VICE PRESIDENT (FRMR OFFICER) | $0 | $205,124 | $0 | $0 | $0 | $0 | $0 | $16,410 | $0 | $797 | $0 | $222,331 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PART I, LINE 1A | SUPPLEMENTAL COMPENSATION INFORMATION RAND PROVIDES ADDITIONAL BENEFITS TO EMPLOYEES IN CONSIDERATION OF CERTAIN INTERNATIONAL ASSIGNMENTS, SUCH AS TAX INDEMNIFICATIONS, HOUSING AND TRANSPORTATION ALLOWANCES. BENEFITS ARE TAXABLE AND THUS REPORTED AS INCOME BY THE INDIVIDUAL. THESE BENEFITS ARE DETAILED IN AN EXPATRIATE AGREEMENT SIGNED BY THE INDIVIDUALS. RANDS TRAVEL POLICY PROHIBITS FIRST CLASS TRAVEL EXCEPT IN LIMITED CIRCUMSTANCES. IN ACCORDANCE WITH THIS POLICY, PART VII LISTED PERSONS WILL OCCASIONALLY TRAVEL FIRST CLASS. TRAVEL IS AUTHORIZED FOR SPOUSES OF TRUSTEES, OFFICERS, AND VICE PRESIDENTS TWICE A YEAR FOR THE BOARD OF TRUSTEE MEETINGS. ALL SUCH TRAVEL EXPENSES ARE INCLUDED IN INCOME. |
| SCHEDULE J, PART I, LINE 4B | IN CY2015, MICHAEL RICH RECEIVED PAYMENTS RELATED TO A NONQUALIFIED SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP). THE ORGANIZATIONS SERP PROVIDES A BENEFIT DETERMINED BY A FORMULA DRIVEN BY COMPENSATION, CONTINUOUS SERVICE, AND AGE. THE BENEFIT IS PAID IMMEDIATELY AFTER THE END OF THE CALENDAR YEAR. THE MAXIMUM DEFERRAL AMOUNT UNDER SECTION 457(B), $18,000 FOR CY2015, IS DEPOSITED INTO A RABBI TRUST HELD BY TIAA-CREF (CUSTODIAN), WHICH ALLOWS THE EXECUTIVE TO DIRECT HOW THE BENEFITS WILL BE INVESTED WITHIN THEIR NONQUALIFIED RETIREMENT ACCOUNTS. THE REMAINDER ACCOUNTS ARE PAID DIRECTLY TO THE PARTICIPANT AND ARE INCLUDED AS PART OF THE W-2 EARNINGS UNDER SECTION 457(F). CY2015 PAYMENTS RELATED TO SECTION 457(F), INCLUDED IN SCHEDULE J, WERE $57,036 FOR MICHAEL RICH. |
| SCHEDULE J, PART I, LINE 7 | AS NOTED IN SCHEDULE O, PART OF THE BONUS PROVIDED TO PARTICIPANTS OF THE VARIABLE COMPENSATION PROGRAM IS DISCRETIONARY. A PREDETERMINED PERCENTAGE OF THE VARIABLE PAY MAY BE AWARDED AT THE DISCRETION OF THE CEO. THE VARIABLE COMPENSATION PROGRAM IS CONTINGENT ON WHETHER CERTAIN GOALS ARE ACHIEVED, INCLUDING CORPORATE FINANCIAL AND STRATEGIC ACHIEVEMENTS, AS WELL AS INDIVIDUAL GOALS. THE CEO, CFO, UNIT AND DEPARTMENT HEADS, AND OTHERS PARTICIPATE IN THE PROGRAM. AN ANNUAL REVIEW PROCESS, INCLUDING REVIEW BY THE EXECUTIVE COMMITTEE OR COMPENSATION AND LEADERSHIP DEVELOPMENT COMMITTEE, HELPS ENSURE THAT GOAL MEASUREMENT IS VALIDATED AND PAYOUTS ARE IN ACCORDANCE WITH THE PROGRAM. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| CA INFRASTRUCTURE & ECONOMIC DEVELOPMENT PLAN | ||||||||
| A | 630304653 | 13033WK51 | 2008-05-13 | $34,975,000 | SEE PART VI | false | false | false |
| CA INFRASTRUCTURE & ECONOMIC DEVELOPMENT PLAN | ||||||||
| B | 630304653 | 13033WK69 | 2008-06-02 | $93,565,000 | SEE PART VI | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $0 | $0 | $34,975,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | 2004 | Yes (true) | false | Yes (true) | Yes (true) |
| B | $0 | $0 | $93,565,000 | $0 | $0 | $0 | $1,035,000 | $0 | $0 | $0 | $0 | $0 | 2004 | Yes (true) | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Private Bus Use By OthersPrivateBusUseByOthersPct |
|---|---|
| A | 0 |
| B | 0 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1Txt | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DEUTSCHE BANK | |||||||||||||
| A | false | false | false | Yes (true) | Yes (true) | Yes (true) | 34.5 | false | false | false | 0 | false | Yes (true) |
| BARCLAYS | |||||||||||||
| B | false | false | false | Yes (true) | Yes (true) | Yes (true) | 34.7 | false | false | false | 0 | false | Yes (true) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PURPOSE OF BOND ISSUES | FormAndLineReferenceDesc |
| Explanation | SCHEDULE K, PART I, LINE A, COLUMN (F) SERIES 2008A BONDS REFUNDED SERIES 2007 BONDS, WHICH THEMSELVES REFUNDED SERIES 2002A BONDS. THE SERIES 2008A BONDS WERE ISSUED ON 5/13/2008. THE SERIES 2002A BONDS WERE ISSUED ON 7/2/2002. SCHEDULE K, PART I, LINE B, COLUMN (F) SERIES 2008B BONDS REFUNDED SERIES 2002B BONDS. THE SERIES 2008B BONDS WERE ISSUED ON 6/2/2008. THE 2002B BONDS WERE ISSUE ON 7/2/2002. SCHEDULE K, PART III PER IRS GUIDANCE CONTAINED IN THE FORM 990 SCHEDULE K INSTRUCTIONS, ORGANIZATIONS WHO HAVE OUTSTANDING BONDS (OVER $100,000) ISSUED AFTER 12/31/2002 MUST FILE A SCHEDULE K. RAND THEREFORE FILES A SCHEDULE K DUE TO ITS OUTSTANDING 2008A AND 2008B BONDS. HOWEVER, ALSO PER IRS GUIDANCE CONTAINED IN THE FORM 990 SCHEDULE K INSTRUCTIONS, ORGANIZATIONS REPORTING ON BONDS ISSUED AFTER 12/31/2002 BUT WHICH REFUNDED BONDS ISSUED PRIOR TO 12/31/2002 (WHETHER DIRECTLY OR THROUGH A SERIES OF REFUNDINGS) DO NOT REPORT INFORMATION IN PART III (PRIVATE BUSINESS USE) OF SCHEDULE K. RAND THEREFORE DOES NOT REPORT INFORMATION IN PART III OF SCHEDULE K. SCHEDULE K, PART IV, LINE 2 THE LAST REBATE COMPUTATION WAS PERFORMED ON THESE BONDS AS OF AUGUST 30, 2014. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 4A | PROGRAM SERVICE ACCOMPLISHMENTS RAND IS A PUBLIC CHARITY AND AS SUCH RECEIVES A SUBSTANTIAL PART OF ITS SUPPORT FROM THE GOVERNMENT AND THE GENERAL PUBLIC (SEE ALSO SCHEDULE A). THIS SUPPORT IS NOT CONSIDERED PROGRAM SERVICE REVENUE AS DEFINED BY THE IRS AND THUS NOT REPORTED ON PART III, LINE 4A. HOWEVER, LIKE ALL PUBLIC CHARITIES, THIS SUPPORT IS USED TO FUND RANDS PROGRAM SERVICES EXPENSES WHICH ARE REPORTED ON PART III, LINE 4A. |
| FORM 990, PART VI, SECTION A, LINE 2 | ANN MCLAUGHLIN KOROLOGOS AND SHEILA BAIR HAVE A BUSINESS RELATIONSHIP. BARBARA BARRETT AND MICHAEL LYNTON HAVE A BUSINESS RELATIONSHIP. BARBARA BARRETT AND RONALD OLSON HAVE A BUSINESS RELATIONSHIP. BARBARA BARRETT AND GERALD PARSKY HAVE A BUSINESS RELATIONSHIP. |
| FORM 990, PART VI, SECTION B, LINE 11B | ORGANIZATION'S GOVERNING BODY PROCEDURES FOR FORM 990 REVIEW RAND SUMMARIZES THE INFORMATION TO BE INCLUDED ON THE FORM 990 AND PROVIDES THE SUPPORT TO A THIRD-PARTY TAX FIRM SO THAT A DRAFT RETURN CAN BE COMPILED. THIS FIRM PROVIDES TAX GUIDANCE THROUGHOUT THE YEAR IN ADDITION TO PROVIDING GUIDANCE ON RETURN PREPARATION. ONCE THE DRAFT FORM 990 IS COMPILED, IT IS REVIEWED BY VARIOUS LEVELS OF MANAGEMENT WITHIN RAND, INCLUDING THE CFO. THE RAND BOARD OF TRUSTEES HAS DELEGATED TO THE AUDIT COMMITTEE THE RESPONSIBILITY FOR THE OVERSIGHT OF THE FORM 990. THEREFORE, ONCE THE FORM 990 IS FINALIZED, IT IS THOROUGHLY REVIEWED BY THE AUDIT COMMITTEE (ALONG WITH THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS) AND APPROVED FOR RELEASE. THE FORM 990 IS THEN SUBMITTED TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12A | WRITTEN CONFLICT OF INTEREST POLICY ENFORCEMENT NEW STAFF MEMBERS RECEIVE COPIES OF SEVERAL KEY POLICIES, INCLUDING INSTITUTIONAL PRINCIPLES, CONFLICT OF INTEREST, QUALITY ASSURANCE, AND OTHER ESSENTIAL POLICIES. CONFLICT OF INTEREST, CORPORATE INTEGRITY, INSTITUTIONAL PRINCIPLES, AND ETHICS POLICIES ARE POSTED PROMINENTLY ON RAND'S INTRANET. ALL EMPLOYEES ARE REQUIRED TO DISCLOSE OUTSIDE PROFESSIONAL ACTIVITIES, AND ALL OFFICERS, KEY STAFF MEMBERS AND STAFF WHO WORK ON RESEARCH PROJECTS ARE REQUIRED TO DISCLOSE RELATIONSHIPS AND FINANCIAL INTERESTS: (I) THAT ARE RELATED TO THEIR RESEARCH RESPONSIBILITIES, OR (II) THAT COULD BRING INTO QUESTION THE OBJECTIVITY OF THE RESEARCH. SUCH DISCLOSURES MUST BE MADE AT LEAST ANNUALLY, AND STAFF ALSO MUST REVIEW AND ACKNOWLEDGE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY AND COMPLETE RELEVANT TRAINING. PROSPECTIVE TRUSTEES ADVISE KEY MANAGEMENT OF ANY POSSIBLE CONFLICTS OF INTEREST BEFORE JOINING THE BOARD OF TRUSTEES. MOREOVER, ON AN ANNUAL BASIS EACH TRUSTEE IS ASKED BY THE VICE PRESIDENT, GENERAL COUNSEL, AND CORPORATE SECRETARY TO PROVIDE A LIST OF AFFILIATIONS IN WRITING THAT MAY RAISE A CONFLICT OF INTEREST ISSUE AND SIGN THE PRINCIPLES OF CONDUCT STATEMENT WHICH ASSERTS THAT THEY WOULD DISQUALIFY THEMSELVES FROM PARTICIPATING IN ANY RAND MATTERS WHICH THEY BELIEVE MAY GIVE RISE TO A POSSIBLE CONFLICT OF INTEREST. RAND MAINTAINS A FORMAL RECORD OF ALL INSTANCES WHERE TRUSTEES RECUSE THEMSELVES BECAUSE OF A POSSIBLE CONFLICT OF INTEREST. FINALLY, ALL RAND OFFICERS, TRUSTEES, AND KEY EMPLOYEES ARE ASKED TO COMPLETE AN ANNUAL RELATED PARTY QUESTIONNAIRE, SENT BY RAND'S CFO ORGANIZATION, TO SUPPORT RAND'S RESPONSES TO CERTAIN QUESTIONS ON THE FORM 990. THIS QUESTIONNAIRE, WHICH IS REVIEWED BY VARIOUS LEVELS OF MANAGEMENT, SEEKS TO IDENTIFY FAMILY AND BUSINESS RELATIONSHIPS AMONGST THE TRUSTEES AND OFFICERS AND REPRESENTS ANOTHER OPPORTUNITY OTHER THAN THE ABOVE FOR POTENTIAL CONFLICTS TO BE IDENTIFIED. PER THE AUDIT COMMITTEE CHARTER, THE CORPORATE INTEGRITY PROGRAM AND CONFLICT OF INTEREST POLICY ARE REVIEWED BY THE AUDIT COMMITTEE WHEN MANAGEMENT PROPOSES CHANGES. THE POLICY WAS LAST UPDATED AND APPROVED BY THE AUDIT COMMITTEE IN OCTOBER 2014. |
| FORM 990, PART VI, SECTION B, LINE 15A | DETERMINATION OF COMPENSATION FOR CEO, EXEC DIRECTOR & TOP MANAGEMENT THE COMPENSATION AND LEADERSHIP DEVELOPMENT COMMITTEE CONDUCTS ANNUAL PERFORMANCE REVIEWS FOR THE PRESIDENT AND CHIEF EXECUTIVE OFFICER AND THE SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER. AS PART OF THE YEARLY EVALUATION, THE COMMITTEE REVIEWS MARKET DATA FROM SEVERAL SALARY SURVEYS AND EMPLOYS AN INDEPENDENT COMPENSATION CONSULTANT TO REVIEW FOR REASONABLENESS. THE COMMITTEE RECOMMENDS SALARY INCREASES AND DISCRETIONARY AMOUNTS OF THE VARIABLE COMPENSATION PROGRAM FOR THE UPCOMING YEAR TO THE BOARD OF TRUSTEES WHO MAKES THE FINAL DECISION FOR THESE OFFICERS' COMPENSATION. THE COMPENSATION AND LEADERSHIP DEVELOPMENT COMMITTEE CONDUCTS THE REVIEW IN THE FALL AND DOCUMENTS THE REVIEW IN COMMITTEE MINUTES WHICH ARE THEN APPROVED AT THE NEXT MEETING. RAISES ARE EFFECTIVE IN FEBRUARY. |
| FORM 990, PART VI, SECTION B, LINE 15B | DETERMINATION OF COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES THE PRESIDENT AND CHIEF EXECUTIVE OFFICER REVIEWS THE COMPENSATION FOR OFFICERS AND OTHER RESEARCH HEADS, OTHER THAN THOSE MENTIONED IN PART VI-B, #15A. HE PUTS FORTH SALARY INCREASE SUGGESTIONS AFTER EXAMINING PERFORMANCE, SALARY SURVEYS, AND BENCHMARK STUDIES. THE SALARY INCREASES FOR KEY EMPLOYEES WITHIN THE RESEARCH GROUP ARE SUGGESTED BY THE GLOBAL RESEARCH TALENT VICE PRESIDENT. BOTH SETS OF RECOMMENDATIONS ARE GIVEN TO THE COMPENSATION AND LEADERSHIP DEVELOPMENT COMMITTEE, WHICH ULTIMATELY DECIDES ON THE SALARY INCREASES EACH YEAR. |
| FORM 990, PART VI, SECTION C, LINE 19 | PUBLIC DISCLOSURE OF GOVERNING DOCUMENTS AND POLICIES THE ANNUAL REPORT AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON RAND'S EXTERNAL WEBSITE: WWW.RAND.ORG. MOREOVER, THIS INFORMATION, AS WELL AS RAND'S GOVERNING DOCUMENTS AND FORM 990, IS AVAILABLE UPON REQUEST AND AT THE SANTA MONICA OFFICE. FURTHER, THIS INFORMATION HAS BEEN SUBMITTED TO SEVERAL STATES AND GOVERNMENT AGENCIES AS PART OF VARIOUS REGISTRATION PROCESSES AND IS AVAILABLE ON THOSE ORGANIZATIONS' WEBSITES. |
| FORM 990, PART XI, LINE 9 | OTHER CHANGES IN NET ASSETS ADJUSTMENT TO POST RETIREMENT LIABILITY ($1,375,556) CHANGE IN FMV OF DERIVATIVES ($4,811,187) FOREIGN EXCHANGE LOSS ON REVALUATION ($ 587,437) ROUNDING $ 2 ----------- TOTAL ($6,774,178) |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| RAND CORPORATION ENDOWMENT TRUST | |||||||||
| 400 HOWARD STREET | SAN FRANCISCO | CA | 94105 | 336357131 | INVESTMENTS | CA | $1,450,905 | $50,269,411 | RAND CORP |
| ROEA 1112 LLC | |||||||||
| 1776 MAIN STREET PO BOX 2138 | SANTA MONICA | CA | 90407 | 951958142 | REAL EST HOLD | CA | $0 | $0 | RAND CORP |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RAND EUROPE (UK) | BusinessNameLine1Txt |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | WESTBROOK CENTRE MILTON ROAD | AddressLine1Txt |
| City | CAMBRIDGE | CityNm |
| Country | UK | CountryCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | POLICY RSRCH | PrimaryActivitiesTxt |
| Legal Domicile Foreign Country | UK | LegalDomicileForeignCountryCd |
| Exempt Code Section | N/A | ExemptCodeSectionTxt |
| Public Charity Status | N/A | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RAND CORP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Province Or StateForeignAddress/ProvinceOrStateNm | Foreign PostalForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RAND EUROPE COMMUNITY INTEREST COMPANY | ||||||||||||
| WESTBROOK CENTRE MILTON ROAD | CAMBRIDGE | UK | CONSULTANCY SVCS | UK | RAND CORP | C Corp | $11,193,844 | $4,377,643 | 1.00000 | Yes (true) | ||
| THE RAND CORPORATION (AUSTRALIA) PTY LTD | ||||||||||||
| Ste 24 2 Endeavour Hse Cpt Cook CRT | Manuka | AS | POLICY RESEARCH | AS | RAND CORP | C Corp | $1,838,473 | $470,950 | 1.00000 | Yes (true) | ACT | 2603 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (true) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| RAND EUROPE COMMUNITY INTEREST COMPANY | ||
| d | $1,152,084 | ACCRUAL METHOD |
| THE RAND CORPORATION (AUSTRALIA) PTY LTD | ||
| r | $415,095 | ACCRUAL METHOD |
| THE RAND CORPORATION (AUSTRALIA) PTY LTD | ||
| s | $1,358,853 | ACCRUAL METHOD |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R, PART IV, ROWS 1 & 2 | FormAndLineReferenceDesc |
| Explanation | THE END-OF-YEAR ASSET BALANCES FOR BOTH ENTITIES IS EXCLUSIVE OF INTERCOMPANY PAYABLES. IF INTERCOMPANY PAYABLES WERE INCLUDED, THE ASSET BALANCES WOULD BE AS FOLLOWS: RAND EUROPE COMMUNITY INTEREST COMPANY $ (1,697,406) THE RAND CORPORATION (AUSTRALIA) PTY LTD $ (1,740,145). | ExplanationTxt |