2015-05-13T14:42:04-05:00 2014-06-30 GRANT THORNTON LLP 75 STATE STREET BOSTON MA 02109 990 2013-07-01 042103552 Brandeis University % MARIANNE CWALINA SVP & TREA BRAN 7817362000 PO Box 9110 Suite MS 110 Waltham MA 024549110 MARIANNE CWALINA SVP & Treasurer 6177237900 2015-05-08 true Robert J Butler Jr P00037953 6177237900 2013 2016-02-25 16:41:14Z FREDERICK LAWRENCE 415 SOUTH STREET WALTHAM MA 02454 631290843 false X www.brandeis.edu X 1947 MA an educational institution, a community of scholars and students united by their commitment to the pursuit of knowledge and its transmission from generation to generation. 42 39 5447 2871 3317030 998397 33638176 41087158 318327793 331935378 42716679 69635455 3326014 2944268 398008662 445602259 86559395 91655188 0 0 172957265 183592883 0 0 11658032 137977796 140926954 397494456 416175025 514206 29427234 1248423585 1364970073 326545272 348472681 921878313 1016497392 X As a research university, Brandeis is dedicated to the advancement of the humanities, arts and social, natural and physical sciences. As a liberal arts college, Brandeis affirms the importance of a broad and critical education in enriching the lives of students. false false 276019975 89109598 236838095 Instructional and Academic Support: Brandeis University is a rare combination of a liberal arts college and a global research university. Our student body number is 5,400, which includes undergraduate and graduate students. WE have a graduate school of arts and sciences and two professional schools, the Heller School for social policy and management and the international business school. The Rabb School of continuing studies offers graduate professional programs for part-time students. Many academic programs are enriched by myriad interactions with the numerous other leading universities in the area. We work to connect theory and practice through field work and experiential learning. 52789514 2545590 61543721 Sponsored Programs include various research and instructional programs funded by external parties, including the Federal government, foreign and state governments and private foundations and corporations. Brandeis research is at the heart of many societal, artistic, intellectual and scientific advances. Research at Brandeis is interdisciplinary, bold and collaborative. Its an approach that enables the faculty to leverage the relatively small size of the university to achieve an impact well beyond the sum of its parts. Brandeis is wholly committed to the proposition that basic research is the engine of innovation in human health and well-being. 33913769 0 33912536 Auxiliary Enterprises: Brandeis University serves the needs and interests of students and has broad responsibility for the services and activities that enhance the quality of student life outside the classroom. These services and activities include but are not limited to community living, dining services, health center, psychological counseling center, and interfaith chaplaincy. 362723258 true true false true true false true false true true false false false true true true false true false true true true false true false false true true true true false false false false false false false false true true true true false false false true true false false false true 7373 0 true 5447 true true true false false false false true true false false false false false false false X 42 39 false false true false false false false true true false true true true true true true true true true true false AZ CA FL MD MA NJ NY X X MARIANNE CWALINA SVP TREA 7817362000 415 SOUTH STREET Waltham MA 02453 X Perry Traquina Trustee - Chair 2.0 0.0 X X JONATHAN G DAVIS TRUSTEE - VICE CHAIR 2.0 0.0 X X JONATHON S JACOBSON TRUSTEE - VICE CHAIR 2.0 0.0 X X STEPHEN R REINER TRUSTEE - SECRETARY 2.0 0.0 X X BARBARA A MANDEL TRUSTEE - TREASURER 2.0 0.0 X X HENRY ABOODI TRUSTEE 1.0 0.0 X ALLEN B ALTER TRUSTEE 1.0 0.0 X LESLIE M ARONZON TRUSTEE 1.0 0.0 X FRANCES BERMANZOHN TRUSTEE 1.0 0.0 X DANIEL J ELKAIM TRUSTEE 1.0 0.0 X JEFFREY S FLIER MD TRUSTEE 1.0 0.0 X THOMAS L FRIEDMAN TRUSTEE 1.0 0.0 X MICHAEL G FRIEZE TRUSTEE 1.0 0.0 X LEONARD C GOODMAN TRUSTEE 1.0 0.0 X PAUL S GROGAN TRUSTEE 1.0 0.0 X MARTIN J GROSS TRUSTEE 1.0 0.0 X JAMES HUMPHREYS TRUSTEE 1.0 0.0 X DANIEL J JICK TRUSTEE 1.0 0.0 X RONALD L KAISERMAN TRUSTEE 1.0 0.0 X LAWRENCE S KANAREK TRUSTEE 1.0 0.0 X STEPHEN B KAY TRUSTEE 1.0 0.0 X DOLORES KOHL TRUSTEE 1.0 0.0 X MEYER KOPLOW TRUSTEE 1.0 0.0 X MICHAEL A KOSS TRUSTEE 1.0 0.0 X LISA R KRANC TRUSTEE 1.0 0.0 X JOYCE G KRASNOW TRUSTEE 1.0 0.0 X GEORGE D KRUPP TRUSTEE 1.0 0.0 X STUART LEWTAN TRUSTEE 1.0 0.0 X OLAFUR J OLAFSSON TRUSTEE 1.0 0.0 X LOUIS PERLMUTTER TRUSTEE 1.0 0.0 X BRUCE G POLLACK TRUSTEE 1.0 0.0 X LEONARD POTTER TRUSTEE 1.0 0.0 X ADAM RIFKIN TRUSTEE 1.0 0.0 X CAROL R SAIVETZ TRUSTEE 1.0 0.0 X MICHAEL J SANDEL TRUSTEE 1.0 0.0 X BARBARA Z SANDER TRUSTEE 1.0 0.0 X CYNTHIA SHAPIRA TRUSTEE 1.0 0.0 X MALCOLM L SHERMAN TRUSTEE 1.0 0.0 X BARTON J WINOKUR TRUSTEE 1.0 0.0 X RHONDA M ZINNER TRUSTEE 1.0 0.0 X PAUL M ZLOTOFF TRUSTEE 1.0 0.0 X FREDERICK LAWRENCE PRESIDENT 60.0 0.0 X X 844722 0 167042 STEVEN GOLDSTEIN PROVOST, CHIEF ACADEMIC OFF'R 50.0 0.0 X 608868 0 63775 DAVID BUNIS CHIEF OF STAFF & LEGAL OFFICER 50.0 0.0 X 492661 0 64032 STEVEN MANOS SVP, CHIEF OPERATING OFFICER 50.0 0.0 X 436708 0 0 MARIANNE CWALINA SVP for Finance and Treasurer 50.0 0.0 X 266307 0 47504 CHRISTOPHER O'BRIEN VICE PRESIDENT & TREASURER 50.0 0.0 X 225444 0 25334 ANDREW FLAGEL SVP, STUDENTS & ENROLLMENT 50.0 0.0 X 214459 0 42724 NANCY WINSHIP SVP, INSTITUTIONAL ADVANCEMENT 50.0 0.0 X 495116 0 51438 NICHOLAS WARREN CHIEF INVESTMENT OFFICER 50.0 0.0 X 516956 0 25400 MARK COLLINS SVP, ADMINISTRATION 50.0 0.0 X 324383 0 36518 JUDITH SIZER SVP, GEN. 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SEC OF THE CORP 50.0 0.0 X 193603 0 28943 7361266 0 963919 289 true true false GREENERU ONE MOODY STREET WALTHAM MA 02453 SUSTAINABILITY 2667057 BOOZ ALLEN HAMILTON PO BOX 8500 S-2725 PHILADELPHIA PA 19178 SUBCONTRACT RESEARCH 1543838 DELOITTE CONSULTING LLP PO BOX 7247-6447 PHILADELPHIA PA 19170 CONSULTING 1071777 ISLAND PEER REVIEW ORGANIZATION 1979 MARCUS AVENUE LAKE SUCCESS NY 11042 RESEARCH 934963 BETH ISRAEL DEACONESS MEDICAL CENTE 109 BROOKLINE AVENUE BOSTON MA 02215 HEALTH SERVICES 900988 130 305667 230174 40551317 5866347 41087158 TUITION & FEES 611710 228754160 228754160 AUXILIARIES 721000 33912536 33570674 263870 77992 SPONSORED PROGRAMS 611710 61543721 61543721 FOSTER BIO LAB 621500 122669 122669 BRANDEIS NATIONAL COMMITTEE 721000 1655990 1655990 5946302 5943002 3300 331935378 5137468 -406056 5543524 0 1086785 1086785 1498509 1498509 0 1498509 549511 948998 249887840 185389854 64497986 64497987 2783736 61714251 298730 230174 298730 0 0 0 MISCELLANEOUS INCOME 611710 358974 358974 358974 445602259 331826521 3317030 69371550 2472748 2472748 87349850 87349850 1832590 1832590 0 6744291 772573 5145838 825880 391853 83097 308756 142530321 127445432 9406243 5678646 8685831 7750638 604659 330534 15494540 13430061 1400087 664392 9746047 8531548 807286 407213 0 1010162 426364 583798 372774 372774 1844 1844 0 4147657 4147657 7021756 4722969 1829299 469488 634435 539543 73390 21502 12444385 8727404 3129151 587830 4669184 3312880 1306432 49872 0 17356251 15499132 1631488 225631 7508449 6698143 579658 230648 0 1963232 690782 361225 911225 10641391 9501242 998988 141161 0 25120871 22429349 2358286 333236 1523012 1523012 DINING SERVICES 12896372 12137190 670989 88193 STIPENDS AND FELLOWSHIPS 9856099 9856099 STUDY ABROAD PAYMENTS 4486341 4486341 LIBRARY 4198850 4129172 62181 7497 15073889 9896267 4492538 685084 416175025 362723258 41793735 11658032 9429793 1252931 19667699 43251950 33090794 32484460 11264648 14843852 0 0 0 0 14316885 14761021 689296 582442 4951910 6325158 668432673 326643800 344974859 341788873 796496348 887722070 0 0 0 0 0 0 13541353 21957316 1248423585 1364970073 21462340 30920358 0 0 16277484 25453538 249235565 257856262 0 0 0 0 7935984 5820401 0 0 31633899 28422122 326545272 348472681 X 158201109 159609631 217865420 296808794 545811784 560078967 921878313 1016497392 1248423585 1364970073 X 29427234 66445482 -1253637 X false true X true true true X 35752014 28970389 38465958 33638176 41087158 177913695 0 0 35752014 28970389 38465958 33638176 41087158 177913695 31285812 146627883 7952979 9870581 8573599 6898746 7912198 41208103 0 339940 0 476237 2436353 3252530 334393 300091 348678 299112 298730 1581004 223955332 1521269921 0.65472 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 1844 1844 false LOBBYING ACTIVITY PART II-B, LINE 1I The University is a member of various national and state organizations, such as Association of Independent Colleges and Universities in Massachusetts and National Association of Independent Colleges and Universities. Membership fees to these organizations allocable to lobbying activities amounted to $1,844. 15 300000 316450 1036195 true true X X X X false 766204932 9847167 125121860 13199317 26822207 861152435 674521865 19595377 110316495 12604466 25624339 766204932 703665944 18097358 -11665134 11594796 23981507 674521865 619897000 16645427 98208640 9358751 21726372 703665944 558516000 16165000 77440000 10753000 21471000 619897000 0.11700 0.61600 0.26700 false false 44032086 44032086 307451548 127794734 179656814 176277952 125636238 50641715 130425024 73212828 57212196 10246062 10246062 341788873 0 ESTIMATED LIABILITY TO ANNUITANTS 13688763 DEFERRED COMPENSATION AND SEVERANCE 2193596 ENVIRONMENTAL LIABILITY 6458081 REFUNDABLE STUDENT LOAN ADVANCES 6081682 28422122 X 417536849 66445482 -90363235 -23917753 441454602 4147657 4147657 445602259 322917770 322917770 4147657 89109598 93257255 416175025 COLLECTIONS OF ART PART III, LINE 1: SFAS116, AUDITED FINANCIAL STATEMENT FOOTNOTE 1(L) Collections at Brandeis University are protected and preserved for public exhibition, education, research and the furtherance of public service. Collections are not capitalized; sales of collection items are recorded as revenue and purchases of collection items are recorded as nonoperating expenses in the University's financial statements in the period in which the items are sold or acquired, respectively. PART III, LINE 4 Founded in 1961, The Rose Art Museum (The Rose) is an integral part of Brandeis University. The Rose is an educational and cultural museum dedicating to collecting, preserving and exhibiting the finest of modern and contemporary art. The programs of the Rose adhere to the overall mission of the University, embracing its values of academic excellence, social justice, and freedom of expression. The rose is active in the academic, cultural, and social life of Brandeis. The Rose seeks to stimulate public awareness and disseminate knowledge of modern and contemporary art to enrich educational, cultural, and artistic communities regionally, nationally, and internationally. It promotes learning and understanding of the evolving meanings, ideas, and forms of visual art relevant to contemporary society. ENDOWMENT FUNDS PART V, LINE 4: Brandeis University's endowment and quasi-endowment consists of approximately 1,900 individual endowment accounts established for a variety of purposes in accordance with the applicable law and donor intent and funds designated by the University's board to operate as endowment (quasi-endowment). A majority of the funds provide scholarships and financial aid assistance to undergraduate and graduate students. Other uses of the funds include, but are not limited to, support for fellowships, the creation and funding of endowed chairs and professorships, and support for the University's teaching and research activities. The University's endowment investment objectives are to maximize risk-adjusted returns for a long-term horizon. The endowment intends to achieve its objectives by investing in multiple asset classes. In order to meet the primary investment goals for endowment funds, the average annual net total return over an extended period, after adjusting for inflation, is deemed sufficient to support the spending rate as determined by the University's board of trustees. To have a reasonable probability of achieving the endowment's primary investment goal at an acceptable risk level, the investment committee has adopted a long-term asset allocation policy. FIN 48 (ASC 740) FOOTNOTE PART X, LINE 2 The University is a not-for-profit organization as described in Section 501(c)(3) of the Internal Revenue Code, as amended (the Code), and is generally exempt from income taxes pursuant to Section 501(a) of the Code. The University is required to assess uncertain tax positions and has determined that there were no such positions that are material to the financial statements. OTHER REVENUE INCLUDED IN FINANCIAL STATEMENTS BUT NOT ON RETURN PART XI, LINE 2D UNIVERSITY FUNDED FINANCIAL AID - TUITION DISCOUNT (89,109,598) NET CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS (1,221,171) LOSS ON REFINANCING (712,118) CHANGE IN VALUE OF FUNDS HELD IN TRUSTS BY OTHERS 812,260 ADJUSTMENT TO LOAN RESERVES (132,608) ----------- TOTAL: (90,363,235) OTHER EXPENSES INCLUDED ON RETURN BUT NOT IN FINANCIAL STATEMENTS PART XII, LINE 4B UNIVERSITY FUNDED FINANCIAL AID - TUITION DISCOUNT 89,109,598 true true true true true true true false false false false false false false false true false true NONDISCRIMINATION POLICY PART I, LINE 3 Brandeis University is committed to providing its students, faculty and staff with an environment conducive to learning and working where all people are treated with respect and dignity. Toward that end, it is essential that Brandeis be free from discrimination and harassment on the basis of race, color, ancestry, religious creed, gender identity and expression, national or ethnic origin, sex, sexual orientation, age, genetic information, disability, Vietnam Era veteran, qualified special, disabled veteran or other eligible veteran status or any other category protected by law. It is the Universitys responsibility to help prevent harassment and discrimination from occurring, to pursue concerns of which it is aware, to objectively investigate concerns, and to take immediate and appropriate action to remedy issues of harassment and discrimination. Brandeis takes this responsibility seriously. Therefore, violations of this policy will not be tolerated and may result in corrective actions up to and including dismissal from school or release from employment. FUNDS FROM GOVERNMENT AGENCIES PART I, LINE 6A The University received funds from various governmental agencies for the purpose of providing financial assistance to qualified recipients, to support sponsored research and the construction of educational faciliities. true Central America and the Caribbean 0 0 Program Services STUDY ABROAD 88460 East Asia and the Pacific 0 0 Program Services STUDY ABROAD 601579 Europe (Including Iceland and Greenland) 0 0 Program Services STUDY ABROAD 2982077 Middle East and North Africa 0 0 Program Services STUDY ABROAD 134814 North America 0 0 Program Services STUDY ABROAD 8901 Russia and the Newly Independent States 0 0 Program Services STUDY ABROAD 23712 South America 0 0 Program Services STUDY ABROAD 288141 South Asia 0 0 Program Services STUDY ABROAD 111450 Sub-Saharan Africa 0 0 Program Services STUDY ABROAD 122380 Europe (Including Iceland and Greenland) 0 0 Program Services CERN 379094 South America 0 0 Program Services RESEARCH 72842 Central America and the Caribbean 0 0 Investments 167854878 Europe (Including Iceland and Greenland) 0 0 Investments 35250684 0 0 0 0 207919012 207919012 South America RESEARCH 72842 WIRE SCHOLARSHIP AND FINANCIAL AID Central America and the Caribbean 2 33580 SEE PART V SCHOLARSHIP AND FINANCIAL AID East Asia and the Pacific 21 254295 SEE PART V SCHOLARSHIP AND FINANCIAL AID Europe (Including Iceland and Greenland) 83 1107922 SEE PART V SCHOLARSHIP AND FINANCIAL AID Middle East and North Africa 6 71978 SEE PART V SCHOLARSHIP AND FINANCIAL AID South America 14 181577 SEE PART V SCHOLARSHIP AND FINANCIAL AID South Asia 4 45497 SEE PART V SCHOLARSHIP AND FINANCIAL AID Sub-Saharan Africa 5 64900 SEE PART V true false true true true false PROCEDURE FOR MONITORING USE OF GRANT FUNDS TO INDIVIDUALS PART I, LINE 2 Brandeis University provides grants and scholarships to students that are studying abroad. The University ensures that such grants and other assistance are used for study abroad purposes or are not otherwise diverted from the intended use by directly applying the grants and assistance to the study abroad institutions. PROCEDURE FOR MONITORING USE OF GRANTS TO GOVERNMENTAL AGENCIES The University maintains its grant funds in individual grant accounts and is required to be audited annually (A-133). In addition, the University has established research policies and procedures as guidelines to principal investigators in managing their grant at Brandeis University. MANNER OF CASH DISBURSEMENT PART III, COLUMN (E) Scholarships and financial aid to students are credited to each student's account and paid directly to the study abroad institutions. LUNCHEON 139160 71886 67274 19000 36501 11773 LUNCHEON 34310 3723 30587 30587 20 355434 154565 200869 64711 106430 29728 528904 230174 298730 114298 142931 41501 298730 true BEDFORD VA RESEARCH CORPORATION 200 SPRINGS ROAD MS151 BEDFORD MA 01730 043512440 501(c)(3) 54052 RESEARCH BOSTON UNIVERSITY 72 TYNG ROAD TYNGSBORO MA 01879 042103547 501(c)(3) 37170 RESEARCH DUKE UNIVERSITY PO BOX 651032 CHARLOTTE NC 28265 560532129 501(c)(3) 150265 RESEARCH EMORY UNIVERSITY 201 DOWMAN DRIVE ATLANTA GA 30322 580566256 501(c)(3) 191461 RESEARCH FLORIDA STATE UNIVERSITY 874 TRADITIONS WAY TALLAHASSEE FL 32306 591961248 115 77418 RESEARCH HARVARD UNIVERSITY HARVARD UNIVERSITY CAMBRIDGE MA 02138 042103580 501(c)(3) 42997 RESEARCH KENNELL AND ASSOCIATES INC 3130 FAIRVIEW PARK DR FALLS CHURCH VA 22042 541771141 54733 RESEARCH MASSACHUSETTS GENERAL HOSPITAL 55 FRUIT STREET BOSTON MA 02114 041564655 501(c)(3) 74117 RESEARCH MGH RESEARCH CORE FACILITIES 55 FRUIT STREET BOSTON MA 02114 041564655 501(c)(3) 130379 RESEARCH PALO ALTO INSTITUTE FOR RESEARCH 3801 MIRANDA VE PALO ALTO CA 94304 770207331 501(c)(3) 51545 RESEARCH PRESIDENT AND FELLOWS OF HARVARD COLLEGE HARVARD UNIVERSITY CAMBRIDGE MA 02138 042103580 501(c)(3) 549893 RESEARCH STATE OF WASHINGTON 4500 10TH AVE SE MS 45330 OLYMPIA WA 98504 999999999 115 65000 RESEARCH UNIVERSITY OF CALIFORNIA 4625 2ND AVENUE SACRAMENTO CA 95817 943067788 115 19833 RESEARCH UNIVERSITY OF CALIFORNIA SAN DIEGO 9500 GILMAN DRIVE LA JOLLA CA 92093 956006144 115 105243 RESEARCH UNIVERSITY OF FLORIDA 123 GRINTER HALL GAINESVILLE FL 32611 596002052 115 189388 RESEARCH UNIVERSITY OF HOUSTON 4800 CALHOUN ROAD HOUSTON TX 77004 746001399 115 83541 RESEARCH UNIVERSITY OF SOUTH CAROLINA 1600 HAMPTON STREET COLUMBIA SC 29208 576001153 115 24340 RESEARCH UNIVERSITY OF TEXAS 10100 BURNET ROAD AUSTIN TX 78758 008618634 115 81278 RESEARCH GEORGE MASON UNIVERSITY OFF OF STDT FINANCIAL AID FAIRFAX VA 22030 540836354 501(c)(3) 52250 RESEARCH IJIS INSTITUTE 44983 KNOLL SQUARE ASHBURN VA 20147 311783179 501(c)(3) 279035 RESEARCH BEYOND BENIGN 100 RESEARCH DRIVE WILMINGTON MA 01887 260791027 501(c)(3) 25000 RESEARCH BROWN UNIVERSITY PO BOX 1839 PROVIDENCE RI 02912 050258809 501(c)(3) 32262 RESEARCH CARNEGIE MELLON UNIVERSITY 500 FORBES AVENUE PITTSBURGH PA 15213 250969449 501(c)(3) 18018 RESEARCH FRANKLIN W OLIN COLLEGE OF ENGINEERING OFFICE OF SPONSORED PRG NEEDHAM MA 02492 061519057 501(c)(3) 27041 RESEARCH UNIVERSITY OF PENNSYLVANIA 3451 WALNUT ST PHILADELPHIA PA 19104 231352682 501(c)(3) 57972 RESEARCH 24 1 UNDERGRADUATE FINANCIAL AID 1964 57314215 MASTERS PROGRAM FINANCIAL AID 881 14884873 DOCTORAL PROGRAM FINANCIAL AID 548 12302246 CERTIFICATE PROGRAM FINANCIAL AID 5 15250 SPECIAL PROGRAM FINANCIAL AID 75 1411340 TRAINEE GRANT 202 1285511 TUITION DISCOUNT 25 136415 PROCEDURE OF MONITORING USE OF GRANTS TO GOVERMENTAL AGENCIES & GOVERMENTS PART I, LINE 2 The University maintains its grant funds in individual grant accounts and is required to be audited annually (A-133). In addition, the University has established research policies and procedures as guidelines to principal investigators in managing their grant at Brandeis University. PROCEDURE OF MONITORING USE OF GRANTS AND ASSISTANCE TO INDIVIDUALS PART I, LINE 2 The University provides grants and scholarships to students and applies the financial aid directly crediting each student's account. X X X X X true true X X X X X X true true false false false false false false false FREDERICK LAWRENCE PRESIDENT 709821 0 50000 0 84901 0 75500 0 94037 0 1014259 0 0 0 STEVEN GOLDSTEIN PROVOST, CHIEF ACADEMIC OFF'R 539510 0 35000 0 34358 0 25500 0 44269 0 678637 0 0 0 DAVID BUNIS CHIEF OF STAFF & LEGAL OFFICER 461350 0 0 0 31311 0 25500 0 40609 0 558770 0 0 0 STEVEN MANOS SVP, CHIEF OPERATING OFFICER 436708 0 0 0 0 0 0 0 0 0 436708 0 0 0 MARIANNE CWALINA SVP for Finance and Treasurer 261297 0 0 0 5010 0 25500 0 23630 0 315437 0 0 0 CHRISTOPHER O'BRIEN VICE PRESIDENT & TREASURER 219553 0 0 0 5891 0 22229 0 4512 0 252185 0 0 0 ANDREW FLAGEL SVP, STUDENTS & ENROLLMENT 213160 0 0 0 1299 0 17893 0 26248 0 258600 0 0 0 NANCY WINSHIP SVP, INSTITUTIONAL ADVANCEMENT 386787 0 75000 0 33329 0 25500 0 28173 0 548789 0 0 0 NICHOLAS WARREN CHIEF INVESTMENT OFFICER 390000 0 115000 0 11956 0 20400 0 6917 0 544273 0 0 0 MARK COLLINS SVP, ADMINISTRATION 257567 0 0 0 66816 0 24461 0 13606 0 362450 0 0 0 JUDITH SIZER SVP, GEN. COUNSEL THRU 12/13 206091 0 0 0 27301 0 20779 0 9123 0 263294 0 0 0 ELLEN DE GRAFFENREID SVP, COMM & EXTERNAL AFFAIRS 185418 0 0 0 1581 0 15568 0 23167 0 225734 0 0 0 JOHN UNSWORTH VICE PROVOST, CHIEF INFO OFF'R 270066 0 0 0 4788 0 25500 0 23516 0 323870 0 0 0 STEVEN LOCKE SVP, GEN. COUNSEL AS OF 1/14 177845 0 0 0 360 0 14807 0 22316 0 215328 0 0 0 JEHUDA REINHARZ FACULTY 282419 0 0 0 7893 0 25500 0 11185 0 326997 0 0 0 BRUCE MAGID DEAN, INT'L BUSINESS SCHOOL 353563 0 0 0 18414 0 25500 0 59345 0 456822 0 0 0 IRVING EPSTEIN FACULTY 298596 0 0 0 7718 0 25500 0 4848 0 336662 0 0 0 EVE MARDER FACULTY 274437 0 0 0 3884 0 25500 0 11142 0 314963 0 0 0 LISA LYNCH DEAN, HELLER SCHOOL 264829 0 0 0 4871 0 25500 0 46296 0 341496 0 0 0 FRANCES DROLETTE FORMER SVP, CFO 0 0 0 0 351965 0 0 0 22160 0 374125 0 0 0 JOHN HOSE FORMER ASST. SEC OF THE CORP 91310 0 0 0 102293 0 14845 0 14098 0 222546 0 0 0 PART I, LINE 1A AND LINE 2 TRAVEL FOR COMPANIONS: According to the University policy, travel for the spouse of the University's president shall only be reimbursed if incurred while conducting business of the University. Such reimbursement requires substantiation as well as review and approval by the board of trustees prior to the reimbursement. During calendar year 2013, the University reimbursed President Lawrence for travel expenses incurred by his spouse while conducting business of the University. Such reimbursements were made in accordance with University policy. None of the reimbursements were treated as taxable compensation. TAX INDEMNIFICATION: President Lawrence's wages during calendar year 2013 were increased to cover the taxes for housing allowance, housekeeping services, personal use of automobile, and moving expenses. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: The University provided President Lawrence with housing as a condition of his employment. The housing is within close proximity to University campus and furnished for the benefit and convenience of the University to conduct University-related business and entertainment functions. The value of such housing is excludable from President Lawrence's taxable income under IRS Code Section 119 (d) and was included in his non taxable benefits amount reported on Schedule J, Part II, Column D. HEALTH OR SOCIAL CLUB DUES: According to the University policy, the University will reimburse certain senior management expenses. During calendar year 2013, the University provided health club due reimbursement to nine members of senior management. The amount paid by the University was included in the individuals' Form W-2 and reported on Schedule J, Part II, Column B(iii). PERSONAL SERVICES: According to the University policy, the University is responsible for maintaining the president's residence. The value of the housekeeping services provided to the residence that were personal in nature was included in his Form W-2 and reported on Schedule J. OTHER BUSINESS EXPENSES: The University reimburses its officers and key employees for ordinary and necessary business expenses incurred while conducting business of the University. Such reimbursement is made under an accountable plan and requires substantiation using the original expense documentations and approval by appropriate parties as authorized under University policy. SEVERANCE OR CHANGE OF CONTROL PAYMENT The University has an employment and separation policy that covers members of the Senior Management Group, including some of the listed individuals. The severance provision ranges from 4 weeks to 16 weeks, depending on the term of employment. In addition, some of the listed individuals have a severance provision as part of their employment arrangement. The severance provision ranges from 12 months to 24 months. Other than the payments described below, no amounts were paid to the listed individuals during the calendar year ended December 31, 2013. Frances A. Drolette, Senior Vice President for Finance and Chief Financial Officer, left her position at the end of calendar year 2012. As part of her separation agreement, Ms. Drolette received a severance payment of $356,300, which was included in her W-2 and reported on Schedule J Part II Column B(iii). John Hose, Assistant Secretary of the Corporation, left his postition on 6/30/13. As part of his separation agreement, Mr. Hose received a severance payment of $93,758, which was included in his W-2 and reported on Schedule J Part II Column B(iii). DEFERRED COMPENSATION ARRANGEMENT PART I, LINE 4B President Lawrence participates in a nonqualified deferred compensation arrangement under internal revenue code section 457(f). Provided President Lawrence is employed by the University, the University will credit a deferred compensation account each January 1. On January 1, 2013 the University credited President Lawrence's deferred compensation account $50,000. The amount is not vested or taxable and is included in Schedule J, Part II, Column C as deferred compensation. After serving as president of the University for over 16 years, Dr. Jehuda Reinharz retired from that position at the end of 2010 and continues to fulfill specified duties as president emeritus and a faculty member. Dr. Reinharz participated in a nonqualified deferred compensation retirement arrangement under Internal Revenue Code Section 457(f), including a supplemental executive retirement plan (SERP), designed to provide the equivalent of a pension benefit upon termination of service. No amounts were vested or paid during calendar year 2013 under the deferred compensation agreement. A MA DEVELOPMENT FINANCE AGENCY - SERIES N 043431814 57589RZB8 2008-08-06 48160410 CONSTRUCTION OF BUILDINGS false false false B MA DEVELOPMENT FINANCE AGENCY - SERIES 0 043431814 57583RW92 2010-03-09 188794806 CONSTRUCTION, REFUND '98 BOND false false false C MA DEVELOPMENT FINANCE AGENCY - SERIES P 043431814 2013-07-18 36500000 CONSTRUCTION, REFUND '04 BOND false false false A 0 0 48732848 0 6802005 0 559405 0 0 40000000 799000 572438 2009 false false true true B 0 0 190839293 0 0 0 1501706 0 6500000 180793100 0 2044487 2010 true false true true C 0 0 36798216 0 0 0 403050 0 0 36096950 0 298216 2014 true false true true A false false false true false 0.00800 0.00000 0.00800 false false false true B false false false true false 0.00720 0.00720 false false false true C false false false false false 0.00000 0.00000 0.00000 false false false true A false false false true false false 0 false 0 false true B false false false true false false 0 false 0 false true C false false false true false false 0 false 0 false true A true B true C true PART I, COLUMN F PROCEEDS FROM THE SERIES O BOND WERE USED FOR THE REFUND OF '98 BOND ISSUED ON 11/15/1998 PROCEEDS FROM THE SERIES P BOND WERE USED FOR THE REFUND OF '04 BOND ISSUED ON 01/08/2004. PART II, LINE 12 THE DIFFERENCE BETWEEN PART I COLUMN E AND PART II LINE 3 IS DUE TO ACCRUED INTEREST. THE ACCRUED INTEREST ON EACH OF THE BONDS LISTED IS AS FOLLOWS: SERIES N $572,438 SERIES O $2,044,487 SERIES P $298,216 PART IV, LINE 2C: ARBITRAGE REBATE COMPUTATIONS: THE ARBITRAGE REBATE COMPUTATIONS FOR THE 2008, 2010 AND 2013 BONDS WERE PREFORMED ON OCTOBER 18, 2013, AUGUST 8, 2013 AND SEPTEMBER 30, 2014 RESPECTIVELY. 74029 TUITION REMISSION EDUCATION HIGHFIELDS CAPITAL LTD J. JACOBSON - TRUSTEE 201501 INVESTMENT FEES false MARGOT T DAVIS SPOUSE OF TRUSTEE J DAVIS 73017 EMPLOYEE COMPENSATION false Part IV The University engages in activities, in the ordinary course of business, with organizations whose officers, directors or trustees may be officers, trustees, or family members of officers or trustees of the university, as follows: The University has invested in Highfields Capital LTD. Investment fund of which Jonathon S. Jacobson, trustee, is a partner. This investment was entered into at arm's length in the ordinary course of business prior to the election of Mr. Jacobson as a trustee. No additional funds have been contributed since Mr. Jacobson's election. Margot T. Davis, spouse of University Trustee Jonathan G. Davis, is employed by the University as a part-time senior research associate. Dr. Davis received employee compensation of $73,017. Trustee Davis does not participate in establishing the compensation of Dr. Davis. X 1 3500000 Appraisal X 8000 Appraisal X 115 2242347 Average of High Low X 1 116000 Appraisal 2 false true false Number of Contributions Line 1, Column (B) The numbers reported in this column indicate the number of contributions received. Gift Acceptance Policy PART I, LINE 31 BRANDEIS UNIVERSITY'S GIFT ACCEPTANCE POLICY IS AVAILABLE ONLINE AT WWW.BRANDEIS.EDU. ORGANIZATION'S MISSION FORM 990, PART I, LINE 1 Brandeis University is a community of scholars and students united by their commitment to the pursuit of knowledge and its transmission from generation to generation. As a research University, Brandeis is dedicated to the advancement of the humanities, arts and social, natural and physical sciences. As a liberal arts college, Brandeis affirms the importance of a broad and critical education in enriching the lives of students and preparing them for full participation in a changing society, capable of promoting their own welfare, yet remaining deeply concerned about the welfare of others. In a world of challenging social and technological transformation, Brandeis remains a center of open inquiry and teaching, cherishing its independence from any doctrine of government. It strives to reflect the heterogeneity of the United States and of the world community whose ideas and concerns it shares. In the belief that the most important learning derives from the personal encounter and joint work of teachers and students, Brandeis encourages undergraduates and postgraduates to participate with distinguished faculty in research, scholarship and artistic activities. CHANGES TO GOVERNING DOCUMENTS In January 2014, by-laws of the University were amended to include a change regarding the review and approval of compensation of officers, trustees, and key employees. Through January, 2014, The Personnel, Compensation and Ethics Committee (The "PCEC") was authorized by the Board of Trustees to perform a direct review and approval of compensation. As of January 2014, the PCEC was dissolved and replaced by the Executive Committee of the Board of Trustees. The policies and procedures executed by the Executive Committee in the review of compensation reflect those previously performed by the PCEC. Compensation is then approved by a vote of the Board of Trustees upon recommendation from The Executive Committee. REVIEW PROCESS FORM 990, PART VI, SECTION B, LINE 11B Senior management is responsible for drafting Form 990. The completed draft is submitted for review by the University's tax advisory firm. Recommended changes are discussed with senior management and incorporated into the return, as appropriate. For fiscal year 2014, the Board of Trustees has delegated the review of the Form 990 to the Audit Committee. The audit committee reviewed the Form 990 and discussed any questions with senior management and the University's tax advisory firm. After the audit committee review, and prior to filing the completed Form 990, a copy of the Form 990 was sent to each member of the Board of Trustees. CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C The Brandeis University conflict of interest policy for trustees, officers and committee members establishes a process whereby potential, apparent and actual conflicts of interest of trustees, officers and non-trustee committee members may properly be avoided or managed so that the best interests of the University are protected. Officers, trustees and committee members complete an annual conflict of interest disclosure form, which is consistent with the policy and the applicable regulatory and auditing requirements. The Investment Committee members complete an annual disclosure form with additional questions related to the University's Investments. Certain senior officers and financial employees are also required to complete an annual disclosure form with respect to the University's investments. The Personnel, Compensation and Ethics Committee (The "PCEC"), with the assistance of the SVP & General Counsel, oversees the collection and review of the disclosure forms. In the case of a potential, apparent, or actual related party transaction or other situation presenting a possible conflict of interest, the PCEC chair is responsible for deciding whether to submit the transaction or situation to the PCEC or the board for a determination. In addition, the University has established a separate conflict of interest policy for its employees. Under this policy, disclosure forms are completed annually by all senior officers, the President's cabinet, Department chairs, heads of centers and institutes, principal investigators, and other designated senior officials and financial personnel. Persons with a conflict are recused from discussions and do not vote on resolutions that pertain directly to their conflict. COMPENSATION POLICY FORM 990, PART VI, SECTION B, LINE 15B The University is committed to attracting, retaining, and motivating qualified employees, relating compensation to performance, promoting an equitable relationship between compensation and responsibility and ensuring compliance with law and regulation. This process is the foundation of all hiring, annual performance evaluations and salary adjustments. Through January, 2014, The Personnel, Compensation and Ethics Committee (The "PCEC") was authorized by the Board of Trustees and directed to perform a direct review and approval at regular intervals of the performance and compensation of the officers, and where appropriate, other senior management of the University. The PCEC utilized independent external consultants to assist with both the review of compensation agreements and the gathering of comparability data in determining the reasonableness of compensation and compliance with the procedures described in Treasury Regulation Section 53.4958-6. 2013 Compensation as reported on Form 990 Part VII and Schedule J Part II was subject to the direct review and approval of the PCEC. As of January 2014, the PCEC was dissolved and replaced by the Executive Committee of the Board of Trustees. The policies and procedures executed by the Executive Committee in the review of compensation reflect those previously performed by the PCEC. Compensation is then approved by a vote of the Board of Trustees upon recommendation from The Executive Committee. PUBLIC DISCLOSURE FORM 990, PART VI, SECTION C, LINE 19 The organization's financial statements are available online at www.brandeis.edu/financialaffairs. The University's governing documents are available online at www.brandeis.edu. The organization's Form 990 and audited financial statements are also available at the website of Massachusetts Attorney General. OTHER CHANGES IN NET ASSETS FORM 990, PART XI, LINE 9 NET CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS (1,221,171) LOSS ON REFINANCING (712,118) CHANGE IN VALUE OF FUNDS HELD IN TRUST BY OTHERS 812,260 ADJUSTMENT TO LOAN RESERVES (132,608) ------------ TOTAL: (1,253,637) CHARITABLE REMAINDER TRUSTS (16) NA false false false false false false false false false false false false false false false false false false false