2016-12-15T08:17:16-06:00 2016-06-30 BDO USA LLP 8401 GREENSBORO DRIVE SUITE 800 MCLEAN VA 22102 990 2015-07-01 201476451 PBS Foundation % PETER QUINLIVAN-VP&CONTROLLE PBSF 7037395051 2100 CRYSTAL DRIVE 3rd Floor ARLINGTON VA 22202 BARBARA L LANDES Treasurer 7037395051 2016-12-14 true Joyce Underwood P00022361 7038930600 2016-12-14 2015 2017-02-10 21:41:12Z PAULA A KERGER Same as C above ARLINGTON VA 22202 5959668 false X http://www.pbs.org/foundation/home/ X 2004 DC SEE SCHEDULE O 13 12 8 20 0 10303436 5729037 0 0 5981 136431 0 0 10309417 5865468 3372504 3258597 0 0 959193 1015411 0 0 693248 961144 398983 5292841 4672991 5016576 1192477 7035806 8235303 203874 298047 6831932 7937256 X SEE SCHEDULE O false true 1679262 1679262 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 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. 1590261 1579335 PROGRAMS EXPENSE CONSISTED OF PAYMENTS TO MEMBER STATIONS IN EXECUTION OF GRANT REQUIREMENTS AND RECOVERY OF COSTS INCURRED IN ADMINISTRATION OF RESTRICTED GRANT REQUIREMENTS. 3269523 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 10 0 true 8 true false false false false false false false false false false X 13 12 false false false false true true true true true false false true true true true true true false true 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 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 1.0 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 SUSAN JACOBSON DIRECTOR 1.0 0.0 X 0 0 0 JULIA I KAUFFMAN DIRECTOR through Oct 2015 1.0 0.0 X 0 0 0 PAULA A KERGER DIRECTOR & Chief Exec Officer 8.0 32.0 X X 0 823762 88059 DANIEL LEEDS DIRECTOR 1.0 0.0 X 0 0 0 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 Director & Chief Oper Officer 1.0 39.0 X X 0 354706 26205 KATHERINE S LAUDERDALE SECRETARY 5.0 35.0 X 0 410934 36713 KATHLEEN RUSSELL ASST. SECRETARY 5.0 35.0 X 0 98811 9486 BARBARA L LANDES TREASURER 5.0 35.0 X 0 424035 48559 THOMAS E TARDIVO ASST. TREASURER 5.0 35.0 X 0 311084 54119 BRIAN J REDDINGTON EXECUTIVE DIRECTOR 40.0 0.0 X 275892 0 31477 KAREN E AVERY SR. DIR, INSTITUTIONAL GIVING 40.0 0.0 X 151198 0 26188 MICHAEL D JONES Former Chief Operating Officer 0.0 0.0 X 0 242169 56387 JOYCE S HERRING FORMER DIR,SVP STATION AFFAIRS 0.0 0.0 X 0 21354 0 427090 2686855 377193 2 true true false 0 520971 74746 5133320 370787 5729037 0 136952 136952 0 0 0 0 0 93679 94200 -521 -521 -521 0 0 0 0 5865468 136431 3258597 3258597 0 0 0 517744 245950 271794 0 377733 207034 170699 23121 14534 8587 47629 22423 25206 49184 24650 24534 0 18311 18311 22753 22753 0 0 8865 8865 33700 8200 25500 7301 250 7051 47013 47013 11645 11645 0 69126 37077 32049 102109 21665 80444 0 70060 22676 47384 0 0 0 0 ADMIN COST RECOVERY 0 10926 -10926 0 OTHER 8100 0 8100 0 4672991 3269523 710220 693248 86797 115301 0 0 1694226 504802 0 0 0 0 0 0 0 0 0 0 0 0 0 4990853 7454927 0 0 0 0 0 0 263930 160273 7035806 8235303 203874 175801 0 122246 0 0 0 0 0 0 0 0 0 0 0 0 0 0 203874 298047 X 1511037 3390645 1342807 518923 3978088 4027688 6831932 7937256 7035806 8235303 1192477 -87153 X X false true X true false X X X 1 PUBLIC BROADCASTING SERVICE 520899215 7 true 1679262 0 1 1679262 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 4990853 2384644 109849 7485346 0 5003329 -12422 54 4990853 0.45320 0.53810 0.00870 false false 0 0 X 6087457 -87153 309142 221989 5865468 5865468 4982133 309142 309142 4672991 4672991 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, 2016 AND 2015, 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 2013 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, 2016, THE FOUNDATION HAD ENDOWMENT FUNDS TOTALING $7,485,255. OF THIS TOTAL, FUNDS TOTALING $4,027,688 WERE PERMANENTLY 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) 1679262 SEE PART IV WGBH EDUCATIONAL FOUNDATION ONE GUEST STREET BOSTON MA 02135 042104397 501 (C )(3) 1578335 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 X true false false false false false false false false PAULA A KERGER DIRECTOR & Chief Exec Officer 0 628203 0 189900 0 5659 0 53000 0 35059 0 911821 0 0 JONATHAN BARZILAY Director & Chief Oper Officer 0 282158 0 64800 0 7748 0 0 0 26205 0 380911 0 0 KATHERINE S LAUDERDALE SECRETARY 0 336034 0 74900 0 0 0 22500 0 14213 0 447647 0 0 BARBARA L LANDES TREASURER 0 346118 0 68300 0 9617 0 22500 0 26059 0 472594 0 0 THOMAS E TARDIVO ASST. TREASURER 0 258809 0 49250 0 3025 0 20703 0 33416 0 365203 0 0 BRIAN J REDDINGTON EXECUTIVE DIRECTOR 233523 0 40550 0 1819 0 18469 0 13008 0 307369 0 0 0 KAREN E AVERY SR. DIR, INSTITUTIONAL GIVING 144323 0 6875 0 0 0 12254 0 13934 0 177386 0 0 0 MICHAEL D JONES Former Chief Operating Officer 0 126709 0 45000 0 70460 0 22500 0 33887 0 298556 0 0 JOYCE S HERRING FORMER DIR,SVP STATION AFFAIRS 0 0 0 0 0 21354 0 0 0 0 0 21354 0 0 PART I, LINE 3: PUBLIC BROADCASTING SERVICE REVIEWS INDEPENDENT, PUBLISHED RESEARCH AND SEEKS THE ADVICE OF A COMPENSATION EXPERT IN ORDER TO DETERMINE ANNUAL COMPENSATION FOR THE PBS FOUNDATIONS CHIEF EXECUTIVE OFFICER. PART I, LINE 4A: FORMER OFFICER JOYCE S. HERRING RECEIVED SEVERANCE IN THE AMOUNT OF $21,354 FROM THE RELATED ORGANIZATION IN CALENDAR YEAR 2015. FORMER OFFICER MICHAEL D. JONES RECEIVED SEVERANCE IN THE AMOUNT OF $66,840 FROM THE RELATED ORGANIZATION IN CALENDAR YEAR 2015. X 10 370787 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: NON-STANDARD GIFTS, AND ALL GIFTS > $100K 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 III, LINE 3: THE FOUNDATION CEASED ITS PROGRAM OF ASSISTANCE TO PBS MEMBER STATIONS IN SOLICITING ONLINE DONATIONS WHICH WERE FULLY DISTRIBUTED TO THE MEMBER STATIONS AFTER REIMBURSEMENT OF TRANSACTIONAL COSTS. 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, ASSISTANT 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 & B: THE PBS FOUNDATION REVIEWS INDEPENDENT, PUBLISHED RESEARCH AND SEEKS THE ADVICE OF A COMPENSATION EXPERT IN ORDER TO DETERMINE ANNUAL COMPENSATION FOR ITS EXECUTIVE DIRECTOR AND OTHER KEY MANAGEMENT POSITIONS. 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.