BROWN UNIVERSITY OF PROVIDENCE: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- BROWN UNIVERSITY OF PROVIDENCE (EIN 05-0258809)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-05-13
- IRS object ID
- 201521339349302172
- Schema version
- 2013v4.0
- 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 E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-13T10:43:06-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PricewaterhouseCoopers LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 125 High Street | AddressLine1 |
| City | Boston | City |
| State | MA | State |
| ZIP Code | 02110 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 050258809 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Brown University | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % DONALD S SCHANCK | InCareOfNm |
| Business Name Control | BROW | BusinessNameControlTxt |
| Phone | 4018632716 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Controllers Office Box J | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | Providence | City |
| State | RI | State |
| ZIP Code | 02912 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DONALD S SCHANCK | PersonNm |
| Person Title | AVP AND CONTROLLER | PersonTitleTxt |
| Phone | 4018632716 | PhoneNum |
| Signature | 2015-05-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PRICEWATERHOUSECOOPERS LLP | PreparerPersonNm |
| PTIN | P01390592 | PTIN |
| Phone | 4018632716 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CHRISTINA PAXSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | BROWN UNIVERSITY BOX J | AddressLine1 |
| City | PROVIDENCE | City |
| State | RI | State |
| ZIP Code | 02912 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,927,375,818 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | http://www.brown.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1764 | FormationYr |
| Legal Domicile State | RI | LegalDomicileStateCd |
| Activity Or Mission | SEE SCHEDULE O. | ActivityOrMissionDesc |
| Voting Members Governing Body | 57 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 54 | VotingMembersIndependentCnt |
| Total Employee | 10914 | TotalEmployeeCnt |
| Total Volunteers | 23377 | TotalVolunteersCnt |
| Total Gross UBI | -$3,294,731 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$4,785,103 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $331,829,666 | PYContributionsGrantsAmt |
| CY Contributions Grants | $337,680,866 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $486,007,086 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $534,844,119 | CYProgramServiceRevenueAmt |
| PY Investment Income | $208,113,750 | PYInvestmentIncomeAmt |
| CY Investment Income | $226,763,321 | CYInvestmentIncomeAmt |
| PY Other Revenue | $4,284,974 | PYOtherRevenueAmt |
| CY Other Revenue | $1,664,423 | CYOtherRevenueAmt |
| PY Total Revenue | $1,030,235,476 | PYTotalRevenueAmt |
| CY Total Revenue | $1,100,952,729 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $141,913,549 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $218,375,998 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $456,569,409 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $418,296,482 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $24,488 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $21,750,347 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $295,940,240 | PYOtherExpensesAmt |
| CY Other Expenses | $310,101,561 | CYOtherExpensesAmt |
| PY Total Expenses | $894,447,686 | PYTotalExpensesAmt |
| CY Total Expenses | $946,774,041 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $135,787,790 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $154,178,688 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $4,397,600,917 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,896,703,269 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $963,035,559 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,058,612,544 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,434,565,358 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,838,090,725 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $497,980,857 | ExpenseAmt |
| Revenue | $428,889,874 | RevenueAmt |
| Desc | INSTRUCTION/ENROLLMENT. (SEE SCHEDULE O) | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $218,375,998 | ExpenseAmt |
| Grant | $218,375,998 | GrantAmt |
| Desc | STUDENT AID, FELLOWSHIPS AND SCHOLARSHIPS. (SEE SCHEDULE O) | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $100,137,349 | ExpenseAmt |
| Revenue | $86,244,067 | RevenueAmt |
| Desc | Auxiliary Services / Activities Includes the operation of the dormitories, dining services, health services, the bookstore, etc. These services accomodate students, faculty and staff by supporting academic & cultural enrichment. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $22,885,340 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $19,710,178 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $839,379,544 | 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 | Yes (true) | 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 | Yes (true) | 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 | Yes (true) | 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 | Yes (true) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | 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 | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 1640 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 10914 | 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 |
| 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 |
| Form1098 C Filed | false | Form1098CFiledInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 57 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 54 | 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 | Yes (true) | 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 |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DONALD S SCHANCK | PersonNm |
| Phone | 4018632716 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | BROWN UNIVERSITY BOX J | AddressLine1 |
| City | PROVIDENCE | City |
| State | RI | State |
| ZIP Code | 02912 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (74 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | 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 |
|---|---|---|---|---|---|---|---|---|---|
| Donald C Hood | |||||||||
| FELLOW/SECRETARY | 2.0 | Yes (X) | Yes (X) | ||||||
| Robin A Lenhardt | |||||||||
| FELLOW | 2.0 | Yes (X) | |||||||
| Mark S Blumenkranz | |||||||||
| FELLOW | 2.0 | Yes (X) | $0 | $0 | $0 | ||||
| Spencer R Crew | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| Richard A Friedman | |||||||||
| FELLOW | 2.0 | Yes (X) | |||||||
| Charles H Giancarlo | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| Cathy Frank Halstead | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| Samuel M Mencoff | |||||||||
| FELLOW | 2.0 | Yes (X) | |||||||
| Jonathan M Nelson | |||||||||
| FELLOW | 2.0 | Yes (X) | |||||||
| Theresia Gouw | |||||||||
| FELLOW | 2.0 | Yes (X) | |||||||
| Alison S Ressler | |||||||||
| Treasurer/TRUSTEE | 2.0 | Yes (X) | Yes (X) | ||||||
| ALISON K COHEN | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| Ralph F Rosenburg | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| Joan Wernig Sorensen | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| Thomas J Tisch | |||||||||
| Trustee/Chancellor | 2.0 | Yes (X) | Yes (X) | ||||||
| Jerome C Vascellaro | |||||||||
| Trustee/Vice Chancellor | 2.0 | Yes (X) | Yes (X) | ||||||
| Peter S Voss | |||||||||
| FELLOW | 2.0 | Yes (X) | |||||||
| Steven A Cohen | |||||||||
| Trustee | 2.0 | Yes (X) | |||||||
| Barry S Rosenstein | |||||||||
| Trustee | 2.0 | Yes (X) | |||||||
| Nancy F Neff | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| Barry S Sternlicht | |||||||||
| Trustee | 2.0 | Yes (X) | |||||||
| LAURA GELLER | |||||||||
| FELLOW | 2.0 | Yes (X) | |||||||
| MARIA T ZUBER | |||||||||
| FELLOW | 2.0 | Yes (X) | |||||||
| NORMAN W ALPERT | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| ANDREA TERZI BAUM | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| KATE BURTON | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| CRAIG M COGUT | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| LAURENCE W COHEN | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| TANYA GODREJ DUBASH | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| DORSEY M JAMES | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| PEIGE KATZ | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| Christina Paxson | |||||||||
| PRESIDENT/FELLOW | 40.0 | Yes (X) | Yes (X) | $700,720 | $259,361 | ||||
| BRIAN T MOYNIHAN | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| THOMAS E ROTHMAN | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| JONATHAN M ROZOFF | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| NANCY G ZIMMERMAN | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| GEORGE H BILLINGS | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| ROBERT CARNEY | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| JOHN HANNAN | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| KEVIN MUNDT | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| STEVEN PRICE | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| JASMINE WADDELL | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| LAUREN ZALAZNICK | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| Craig E Barton | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| Jose Estabil | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| Todd Fisher | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| Bob Goodman | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| Nancy Chick Hyde | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| Paula McNamara | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| Srihari Naidu | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| Ron Perelman | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| Alison Stewart | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| Diana Wells | |||||||||
| TRUSTEE | 2.0 | Yes (X) | |||||||
| Rogeriee Thompson | |||||||||
| FELLOW | 2.0 | Yes (X) | |||||||
| George S Barrett | |||||||||
| Trustee | 2.0 | Yes (X) | |||||||
| Genine M Fidler | |||||||||
| Trustee | 2.0 | Yes (X) | |||||||
| Alexander R Gordon | |||||||||
| Trustee | 2.0 | Yes (X) | |||||||
| Elizabeth C Huidekoper | |||||||||
| EXEC VP for FINANCE and ADMIN | 40.0 | $407,385 | $34,011 | Yes (X) | |||||
| Clyde L Briant | |||||||||
| VP of Research (THRU 09/2013) | 40.0 | $347,438 | $46,446 | Yes (X) | |||||
| Edward Wing | |||||||||
| Dean of Med.&Bio(THRU 06/2013) | 40.0 | $652,585 | $39,098 | Yes (X) | |||||
| Margaret M Klawunn | |||||||||
| VP CAMPUS LIFE/STUDENT SERVICE | 40.0 | $251,415 | $62,760 | Yes (X) | |||||
| Stephen M Maiorisi | |||||||||
| VP for Facilities Management | 40.0 | $246,243 | $49,415 | Yes (X) | |||||
| KEVIN MCLAUGHLIN | |||||||||
| DEAN OF FACULTY | 40.0 | $333,326 | $25,761 | Yes (X) | |||||
| MARK S SCHLISSEL | |||||||||
| PROVOST | 40.0 | $536,467 | $86,240 | Yes (X) | |||||
| Joseph Dowling | |||||||||
| VP & CIO (STARTING 06/2013) | 40.0 | $342,668 | $16,992 | Yes (X) | |||||
| Jack Elias | |||||||||
| Dean of Med&Bio(AS OF 09/2013) | 40.0 | $355,784 | $6,332 | Yes (X) | |||||
| David Savitz | |||||||||
| VP of Research (AS OF 09/2013) | 40.0 | $284,993 | $28,711 | Yes (X) | |||||
| Ruth J Simmons | |||||||||
| PRESIDENT EMERITA | 40.0 | $647,985 | $38,498 | Yes (X) | |||||
| Kenneth M Shimberg | |||||||||
| MD - Priv Equity | 40.0 | $842,742 | $252,213 | Yes (X) | |||||
| J Vernon Henderson | |||||||||
| Prof. Population Studies | 40.0 | $657,548 | $30,960 | Yes (X) | |||||
| Michael J Speidel | |||||||||
| MD - Real Assets | 40.0 | $634,389 | $188,228 | Yes (X) | |||||
| Louis Rice | |||||||||
| Chair - Bio Med | 40.0 | $587,256 | $39,992 | Yes (X) | |||||
| David I Kertzer | |||||||||
| PROFESSOR ANTHROPOLOGY & ITALI | 40.0 | $290,648 | $47,585 | Yes (X) | |||||
| Rajiv Vohra | |||||||||
| PROFESSOR OF ECONOMICS | 40.0 | $418,927 | $46,013 | Yes (X) | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $8,538,519 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,298,616 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 731 | 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/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Shawmut Design Construction | |||||
| 3 Davol Square Suite A275 | PROVIDENCE | RI | 02903 | Construction | $15,350,842 |
| Lee Kennedy Company Inc | |||||
| 122 Quincy Shore Drive Ste 1 | QUINCY | MA | 02171 | Construction | $7,369,478 |
| Bond Brothers | |||||
| 145 Spring St | EVERETT | MA | 02149 | CONSTRUCTION | $7,318,651 |
| GILBANE BUILDING COMPANY | |||||
| 7 JACKSON WALKWAY | PROVIDENCE | RI | 02903 | CONSTRUCTION | $16,010,630 |
| Site Specific | |||||
| 45 Dike Street | PROVIDENCE | RI | 02909 | Construction | $5,633,439 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 135 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $56,115 | FederatedCampaignsAmt |
| Fundraising | $89,415 | FundraisingAmt |
| Government Grants | $147,485,667 | GovernmentGrantsAmt |
| All Other Contributions | $190,049,669 | AllOtherContributionsAmt |
| Noncash Contributions | $28,811,727 | NoncashContributionsAmt |
| Total Contributions | $337,680,866 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| TUITION & FEES | 900099 | $428,889,874 | $428,889,874 | |
| RESIDENCE | 900099 | $37,408,677 | $37,408,677 | |
| DINING HALLS | 900099 | $20,429,881 | $20,429,881 | |
| BOOKSTORE | 451211 | $7,716,241 | $7,685,857 | $30,384 |
| COMPUTER STORE | 900099 | $2,212,802 | $2,212,802 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $38,186,644 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $37,583,608 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $603,036 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $534,844,119 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $29,413,057 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$3,928,151 | UnrelatedBusinessRevenueAmt |
| Exclusion | $33,341,208 | 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 | $1,682,313 | TotalRevenueColumnAmt |
| Exclusion | $1,682,313 | ExclusionAmt |
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 | $1,022,199,584 | SecuritiesAmt |
| Other | $1,490,864 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $825,687,463 | SecuritiesAmt |
| Other | $652,721 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $196,512,121 | SecuritiesAmt |
| Other | $838,143 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $197,350,264 | TotalRevenueColumnAmt |
| Exclusion | $197,350,264 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $65,015 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $89,415 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $82,905 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$17,890 | TotalRevenueColumnAmt |
| Exclusion | -$17,890 | ExclusionAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,100,952,729 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $534,210,699 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$3,294,731 | UnrelatedBusinessRevenueAmt |
| Exclusion | $232,355,895 | 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 | $218,375,998 | TotalAmt |
| Program Services | $218,375,998 | 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 | $5,677,242 | TotalAmt |
| Program Services | $72,178 | ProgramServicesAmt |
| Management And General | $5,424,619 | ManagementAndGeneralAmt |
| Fundraising | $180,445 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $316,892,714 | TotalAmt |
| Program Services | $266,970,813 | ProgramServicesAmt |
| Management And General | $36,759,836 | ManagementAndGeneralAmt |
| Fundraising | $13,162,065 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,313,440 | TotalAmt |
| Program Services | $20,988,759 | ProgramServicesAmt |
| Management And General | $2,329,366 | ManagementAndGeneralAmt |
| Fundraising | $995,315 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,691,304 | TotalAmt |
| Program Services | $42,489,730 | ProgramServicesAmt |
| Management And General | $5,176,570 | ManagementAndGeneralAmt |
| Fundraising | $2,025,004 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,721,782 | TotalAmt |
| Program Services | $18,542,204 | ProgramServicesAmt |
| Management And General | $2,295,776 | ManagementAndGeneralAmt |
| Fundraising | $883,802 | 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 | $2,159,946 | TotalAmt |
| Program Services | $8,685 | ProgramServicesAmt |
| Management And General | $2,151,261 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $462,000 | TotalAmt |
| Management And General | $462,000 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,958 | TotalAmt |
| Program Services | $46,958 | ProgramServicesAmt |
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 | $9,341,107 | TotalAmt |
| Program Services | $382,864 | ProgramServicesAmt |
| Management And General | $8,958,243 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,243,589 | TotalAmt |
| Program Services | $51,903,775 | ProgramServicesAmt |
| Management And General | $4,833,687 | ManagementAndGeneralAmt |
| Fundraising | $506,127 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,633,140 | TotalAmt |
| Program Services | $1,328,948 | ProgramServicesAmt |
| Management And General | $260,286 | ManagementAndGeneralAmt |
| Fundraising | $43,906 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,343,999 | TotalAmt |
| Program Services | $37,813,216 | ProgramServicesAmt |
| Management And General | $2,349,381 | ManagementAndGeneralAmt |
| Fundraising | $2,181,402 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,668,148 | TotalAmt |
| Program Services | $17,833,997 | ProgramServicesAmt |
| Management And General | $1,590,035 | ManagementAndGeneralAmt |
| Fundraising | $244,116 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,895,440 | TotalAmt |
| Program Services | $25,558,562 | ProgramServicesAmt |
| Management And General | $1,954,802 | ManagementAndGeneralAmt |
| Fundraising | $382,076 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,508,021 | TotalAmt |
| Program Services | $15,904,567 | ProgramServicesAmt |
| Management And General | $1,886,461 | ManagementAndGeneralAmt |
| Fundraising | $716,993 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $475 | TotalAmt |
| Program Services | $475 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,693,197 | TotalAmt |
| Program Services | $1,558,648 | ProgramServicesAmt |
| Management And General | $109,147 | ManagementAndGeneralAmt |
| Fundraising | $25,402 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,959,950 | TotalAmt |
| Program Services | $25,959,950 | ProgramServicesAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,671,438 | TotalAmt |
| Program Services | $64,671,438 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,497,410 | TotalAmt |
| Program Services | $10,874,347 | ProgramServicesAmt |
| Management And General | $623,063 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| DUES AND MEMBERSHIPS | $1,796,203 | $985,213 | $796,203 | $14,787 |
| PURCHASED GOODS | $17,108,219 | $17,108,219 | ||
| FUNDRAISING EXPENSES | $252,495 | $252,495 | ||
| MISCELLANEOUS | $7,819,826 | $7,683,414 | $136,412 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $946,774,041 | TotalAmt |
| Program Services | $839,379,544 | ProgramServicesAmt |
| Management And General | $85,644,150 | ManagementAndGeneralAmt |
| Fundraising | $21,750,347 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $174,818,857 | BOYAmt |
| EOY | $24,959,451 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $167,902,525 | BOYAmt |
| EOY | $369,613,541 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $146,051,090 | BOYAmt |
| EOY | $184,183,559 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,238,076 | BOYAmt |
| EOY | $14,607,542 | 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 | $32,959,654 | BOYAmt |
| EOY | $32,132,889 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,460,938 | BOYAmt |
| EOY | $3,422,255 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,181,459 | BOYAmt |
| EOY | $4,133,308 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,748,136,981 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $775,122,203 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,011,648,475 | BOYAmt |
| EOY | $973,014,778 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,086,313,000 | BOYAmt |
| EOY | $397,972,833 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,714,612,544 | BOYAmt |
| EOY | $2,816,258,416 | 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 | $26,414,299 | BOYAmt |
| EOY | $76,404,697 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,397,600,917 | BOYAmt |
| EOY | $4,896,703,269 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $89,108,472 | BOYAmt |
| EOY | $52,284,407 | 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 | $10,713,911 | BOYAmt |
| EOY | $58,755,048 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $570,587,458 | BOYAmt |
| EOY | $670,340,000 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,778,187 | BOYAmt |
| EOY | $3,808,391 | 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 | $50,000,000 | BOYAmt |
| EOY | $168,000,486 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $222,847,531 | BOYAmt |
| EOY | $105,424,212 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $963,035,559 | BOYAmt |
| EOY | $1,058,612,544 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $915,482,785 | BOYAmt |
| EOY | $995,919,646 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,264,048,851 | BOYAmt |
| EOY | $1,510,075,079 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,255,033,722 | BOYAmt |
| EOY | $1,332,096,000 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,434,565,358 | BOYAmt |
| EOY | $3,838,090,725 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,397,600,917 | BOYAmt |
| EOY | $4,896,703,269 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $154,178,688 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $247,081,656 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $2,265,023 | 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) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $287,859,413 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $284,564,529 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $336,516,571 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $331,829,666 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $337,680,866 | CurrentTaxYearAmt |
| Total | $1,578,451,045 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $287,859,413 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $284,564,529 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $336,516,571 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $331,829,666 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $337,680,866 | CurrentTaxYearAmt |
| Total | $1,578,451,045 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $52,734,274 | SubstantialContributorsTotAmt |
| Public Support Total170 | $1,525,716,771 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,917,486 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $13,664,211 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,175,231 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $53,300,779 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $33,341,208 | CurrentTaxYearAmt |
| Total | $107,398,915 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,532,213 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $21,634,548 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,164,732 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $73,785 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $65,015 | CurrentTaxYearAmt |
| Total | $40,470,293 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,726,320,253 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $2,296,288,243 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.88380 | PublicSupportCY170Pct |
| Public Support PY170 | 0.00000 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part IV Form990ScheduleAPartIVGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10 | FormAndLineReferenceDesc |
| Explanation | THE TOTAL REPORTED ON THIS LINE INCLUDES PARTNERSHIP INVESTMENT INCOME FOR TAX YEARS 2009, 2010 AND 2011 AND FUNDRAISING GROSS REVENUE FOR TAX YEARS 2012 AND 2013. | ExplanationTxt |
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 | |
| Total Lobbying Expend | TotalLobbyingExpendGrp | |
| Other Exempt Purpose Expend | OtherExemptPurposeExpendGrp | |
| Total Exempt Purpose Expend | TotalExemptPurposeExpendGrp | |
| Lobbying Nontaxable Amount | LobbyingNontaxableAmountGrp | |
| Grassroots Nontaxable | GrassrootsNontaxableGrp | |
| Tot Lbbyng Grassroot Mns Non Tx | TotLbbyngGrassrootMnsNonTxGrp | |
| Tot Lbby Expend Mns Lbbyng Non Tx | TotLbbyExpendMnsLbbyngNonTxGrp | |
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | Yes (true) | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (true) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $14,826 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | Yes (true) | OtherActivitiesInd |
| Other Activities | $32,132 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $46,958 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE C, PART II-B | OTHER LOBBYING ACTIVITIES: CERTAIN MEMBERS OF THE UNIVERSITY'S STAFF DEVOTED A SMALL PORTION OF THEIR TIME TO PROMOTE OUR MISSION BY WORKING WITH STATE AND FEDERAL GOVERNMENT ENTITIES TO ADVOCATE FOR LEGISLATION AND POLICY INITIATIVES THAT SUPPORT HIGHER EDUCATION AND THE UNIVERSITY'S RESEARCH AGENDA. |
| SCHEDULE C, PART II-B, LINE 1i | THE UNIVERSITY ENGAGES CONSULTANTS TO PROMOTE ITS MISSION BY WORKING WITH STATE AND FEDERAL GOVERNMENT ENTITIES TO ADVOCATE FOR LEGISLATION AND POLICY INITIATIVES THAT SUPPORT HIGHER EDUCATION AND THE UNIVERSITY'S RESEARCH AGENDA. AMOUNT RELATES TO THESE CONSULTANT FEES, AS WELL AS MEMBERSHIP DUES PAID TO ORGANIZATIONS WHO LOBBY ON BEHALF OF ALL THEIR MEMBERS, INCLUDING BROWN UNIVERSITY. |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 2 | DonorAdvisedFundsHeldCnt |
| Donor Advised Funds Vl EOY | $22,121,112 | DonorAdvisedFundsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (true) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (true) | DisclosedForCharitablePrpsInd |
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
Collection Used Other Purposes CollectionUsedOtherPurposesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Other Purposes | Yes (X) | CollectionUsedOtherPurposesInd |
| Other Purposes | Education | OtherPurposesDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (true) | InclEscrowCustodialAcctLiabInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,656,243,716 | BeginningYearBalanceAmt |
| Contributions | $62,207,596 | ContributionsAmt |
| Investment Earnings Or Losses | $397,960,872 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $34,434,610 | GrantsOrScholarshipsAmt |
| Other Expenditures | $90,368,573 | OtherExpendituresAmt |
| Administrative Expenses | $6,955,488 | AdministrativeExpensesAmt |
| End Year Balance | $2,984,653,513 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,462,538,000 | BeginningYearBalanceAmt |
| Contributions | $61,628,000 | ContributionsAmt |
| Investment Earnings Or Losses | $273,994,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $32,318,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $89,027,000 | OtherExpendituresAmt |
| Administrative Expenses | $6,867,000 | AdministrativeExpensesAmt |
| End Year Balance | $2,669,948,000 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,561,014,000 | BeginningYearBalanceAmt |
| Contributions | $60,476,000 | ContributionsAmt |
| Investment Earnings Or Losses | $15,368,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $30,096,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $75,252,000 | OtherExpendituresAmt |
| Administrative Expenses | $6,420,000 | AdministrativeExpensesAmt |
| End Year Balance | $2,525,090,000 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,211,203,000 | BeginningYearBalanceAmt |
| Contributions | $67,541,000 | ContributionsAmt |
| Investment Earnings Or Losses | $387,189,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $28,030,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $70,903,000 | OtherExpendituresAmt |
| Administrative Expenses | $5,986,000 | AdministrativeExpensesAmt |
| End Year Balance | $2,561,014,000 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,067,880,000 | BeginningYearBalanceAmt |
| Contributions | $55,902,000 | ContributionsAmt |
| Investment Earnings Or Losses | $208,342,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $27,840,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $85,877,000 | OtherExpendituresAmt |
| Administrative Expenses | $7,204,000 | AdministrativeExpensesAmt |
| End Year Balance | $2,211,203,000 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.17400 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.39900 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.42700 | 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 | $67,850,505 | OtherCostOrOtherBasisAmt |
| Book Value | $67,850,505 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,474,016,111 | OtherCostOrOtherBasisAmt |
| Depreciation | $674,970,021 | DepreciationAmt |
| Book Value | $799,046,090 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $50,522,867 | OtherCostOrOtherBasisAmt |
| Depreciation | $24,796,004 | DepreciationAmt |
| Book Value | $25,726,863 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $155,747,498 | OtherCostOrOtherBasisAmt |
| Depreciation | $75,356,178 | DepreciationAmt |
| Book Value | $80,391,320 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $973,014,778 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (5 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| COMMON STOCK | $454,813,377 | F |
| FIXED INCOME | $349,364,433 | F |
| HEDGED STRATEGIES | $983,758,858 | F |
| PRIVATE EQUITY | $662,063,714 | F |
| REAL ASSETS | $366,258,034 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $2,816,258,416 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| REFUNDABLE ADVANCES | $24,427,764 |
| DUE TO BROKER | $8,055,568 |
| SPLIT INTEREST PAYABLE | $18,736,376 |
| OTHER LONG-TERM OBLIGATIONS | $54,204,504 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $105,424,212 | TotalLiabilityAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PART III, LINE 1a | FormAndLineReferenceDesc |
| Explanation | THE UNIVERSITY'S COLLECTIONS INCLUDE WORKS OF ART, HISTORICAL TREASURES, AND ARTIFACTS THAT ARE MAINTAINED IN THE UNIVERSITY'S LIBRARIES AND MUSEUMS. THESE COLLECTIONS ARE PROTECTED AND PRESERVED FOR EDUCATION AND RESEARCH PURPOSES. THE COLLECTIONS ARE NOT RECOGNIZED AS ASSETS IN THE FINANCIAL STATEMENTS OF THE UNIVERSITY. SCHEDULE D, PART III, LINE 4 THE JOHN CARTER BROWN LIBRARY CONTAINS an internationally renowned, constantly growing collection of primary historical sources pertaining to the Americas, both North and South, before ca. 1825. The John Carter Brown Library collection of 50,000 rare books (printed before ca. 1825), manuscripts, and 16,000 reference books and secondary sources (printed after ca. 1825) is distinguished in many subject areas. Most well-known, perhaps, are the Library's extensive holdings in the literature of European exploration and travel in the Western Hemisphere, from the first Latin edition of the Columbus letter of 1493, through nearly all of the contemporary narratives of Spanish, Portuguese, French, Dutch, and English discovery, exploration, and settlement. The holdings of the library are available to scholars engaged in productive research for whom access to the collection is essential for the advancement of their work. The Brown University Library, in support of the University's educational and research mission, is the local repository for and the principal gateway to current information and the scholarly record. The Brown University Library is comprised of the John D. Rockefeller, Jr. Library; the Sciences Library; the Orwig Music Library; the John Hay Library; and the Annmary Brown Memorial. The John D. Rockefeller, Jr. Library is the primary teaching and research library for the humanities, social sciences, and fine arts. The Sciences Library holds materials that support study and research in the fields of Medicine, Psychology, Neural Science, Environmental Science, Biology, Chemistry, Geology, Physics, Engineering, Computer Science, and Pure and Applied Mathematics, and provides a wide range of services to the staff, students and faculty. The Orwig Music Library houses the general music collection on campus: music books, scores, periodicals, sound recordings, video recordings, and microforms. The collection supports the curriculum of the Music Department and provides material for general use by the Brown community. The John Hay Library houses diverse collections spanning many subjects and time periods, with particularly strong collections in American literature and history, popular culture, military history and iconography, history of science and the art and history of the book. THE ANNMARY BROWN MEMORIAL HOUSES EXHIBITS OF EUROPEAN AND AMERICAN PAINTINGS FROM THE 17TH THROUGH THE 20TH CENTURIES, THE CYRIL AND HARRIET MAZANSKY BRITISH SWORD COLLECTION, AS WELL AS PERSONAL MEMENTOS OF ITS FOUNDER, GENERAL RUSH C. HAWKINS, AND THE BROWN FAMILY. THE MEMORIAL IS UTILIZED AS A RESOURCE FOR STUDENTS STUDYING EUROPEAN AND AMERICAN ART BETWEEN THE 17TH AND 20TH CENTURY. THE UNIVERSITY'S ART SLIDE LIBRARY HOUSES SLIDES AND PHOTOGRAPHS REPRESENTING ART AND ART-RELATED SUBJECTS, INCLUDING ARCHITECTURE AND ARCHAEOLOGY. STUDENTS WHO ARE WRITING PAPERS OR CREATING PROJECTS ON ART-RELATED TOPICS CAN MAKE RESEARCH CONSULTATIONS BY APPOINTMENT. THE ART SLIDE LIBRARY ALSO PROVIDES SCANNING SERVICES FOR FACULTY WHO NEED DIGITAL IMAGES OF VISUAL CULTURE FOR TEACHING. THE HAFFENREFFER MUSEUM OF ANTHROPOLOGY IS A UNIVERSITY TEACHING MUSEUM WITH COLLECTIONS OF ETHNOGRAPHIC AND ARCHAEOLOGICAL ARTIFACTS AND ACTIVE PUBLIC EXHIBITIONS AND EDUCATION PROGRAMS. A CENTRAL FEATURE OF THE MUSEUM'S MISSION IS TO INSTRUCT STUDENTS AT ALL LEVELS IN COURSES AS WELL AS THROUGH ACTIVITIES ENHANCING THE VALUE OF ITS COLLECTIONS BY RESPONSIBLE, CAREFUL FIELD-DOCUMENTED COLLECTING. SCHEDULE D, PART IV, LINE 2B THE UNIVERSITY ACTS AS THE FISCAL AGENT FOR FUNDS RELATED TO UNIVERSITY SPONSORED AND/OR AFFILIATED PROGRAMS. THE UNIVERSITY DOES NOT OWN THE FUNDS ASSOCIATED WITH THESE PROGRAMS. Schedule D, Part V, Line 1 THE VARIANCE BETWEEN THE ENDING BALANCE IN COLUMN (B) AND THE BEGINNING BALANCE IN COLUMN (A) IS FROM RECLASSIFICATION BASED ON INCREASED TRANSPARANCY AND REPORTING CAPABILITIES IN NEW FINANICAL SYSTEM. THE VARIANCE BETWEEN THE ENDING BALANCE IN COLUMN (C) AND THE BEGINNING BALANCE IN COLUMN (B) IS FROM A RECLASSIFICATION TO REFLECT THE REMOVAL OF PREVIOUSLY APPROPRIATED BUT UNSPENT RETURN ON DONOR-RESTRICTED ENDOWMENTS AND SPLIT-INTEREST AGREEMENTS OUTSIDE OF THE UNIVERSITY'S LONG TERM POOL. SCHEDULE D, PART V, LINE 4 THE UNIVERSITY'S ENDOWMENT INCOME HELPS FINANCE VITAL ACTIVITIES, INCLUDING UNDERGRADUATE STUDENT SCHOLARSHIPS, PROFESSORSHIPS, GRADUATE STUDENT FELLOWSHIPS, LIBRARY ACQUISITIONS, THE DIVISION OF BIOLOGY AND MEDICINE, ACADEMIC PROGRAMS, VARSITY SPORTS, AND BUILDING MAINTENANCE. SCHEDULE D, PART X, LINE 2 BROWN UNIVERSITY DOES NOT HAVE A FIN 48 FOOTNOTE REPORTED IN ITS FINANCIAL STATEMENTS. | ExplanationTxt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE UNIVERSITY'S POLICY ON NON-DISCRIMINATION IS MADE AVAILABLE ON ITS WEBSITE. THE UNIVERSITY CUSTOMARILY DRAWS ITS STUDENTS NATIONWIDE FROM ALL SOCIAL SEGMENTS WHO ARE INFORMED OF ITS NONDISCRIMINATORY POLICY. SEE SECTION 4.02-2(B) REV PROC.78-80. GOVERMENT FINANCIAL AID PART I, LINE 6 COLLEGE WORK STUDY, PELL GRANTS, PERKINS LOANS, ETC. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (16 entries)
| RegionRegionTxt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| Antarctica | 1 | Program Services | Research | $768 |
| Central America and the Caribbean | 50 | Program Services | STDY ABROAD/CONF./RESE | $207,725 |
| East Asia and the Pacific | 175 | Program Services | STDY ABROAD/CONF./RESE | $796,967 |
| East Asia and the Pacific | 5 | Fundraising | $23,794 | |
| Europe (Including Iceland and Greenland) | 592 | Program Services | STDY ABROAD/CONF./RESE | $10,962,296 |
| Europe (Including Iceland and Greenland) | 8 | Fundraising | $13,401 | |
| Middle East and North Africa | 53 | Program Services | STDY ABROAD/CONF./RESE | $2,528,086 |
| North America | 162 | Program Services | CONF./RESEARCH/WORKSHO | $354,523 |
| Russia and the Newly Independent States | 12 | Program Services | STDY ABROAD/CONF./RESE | $64,734 |
| South America | 86 | Program Services | STDY ABROAD/CONF./RESE | $1,124,180 |
| South Asia | 44 | Program Services | CONF. / RESEARCH | $451,591 |
| South Asia | 3 | Fundraising | $23,508 | |
| Sub-Saharan Africa | 66 | Program Services | STDY ABROAD/CONF./RESE | $922,686 |
| Central America and the Caribbean | Investments | $1,331,104,801 | ||
| Europe (Including Iceland and Greenland) | Investments | $160,648,433 | ||
| Sub-Saharan Africa | Investments | $5,353,558 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Employees | 1257 | SubtotalEmployeesCnt |
| Total Employee | 1257 | TotalEmployeeCnt |
| Subtotal Spent | $1,514,581,051 | SubtotalSpentAmt |
| Total Spent | $1,514,581,051 | 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 | Yes (true) | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART 1, LINE 3, COLUMN F | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION REVIEWS ALL FOREIGN WIRE INFORMATION AND INTERNATIONAL TRAVEL EXPENSES FOR OVERSEAS PAYMENTS AND DISCUSSES WITH THE DEPARTMENTS ORIGINATING THE PAYMENTS TO DETERMINE IF THE PAYMENTS WERE FOR WORK CONDUCTED OVERSEAS. THE FOREIGN EXPENDITURES ARE CAPTURED SEPARATELY IN THE ORGANIZATION'S ACCOUNTING SYSTEM AND AMOUNTS INCLUDED ON SCHEDULE F ARE PURSUANT TO THE ORGANIZATION'S ACCOUNTING SYSTEM. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Brown Bear Golf | NameOfEvent1Amt |
| Gross Receipts Event1 | $77,115 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $53,265 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $23,850 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $42,773 | OtherDirectExpensesEvent1Amt |
| Name Of Event2 | Football Golf | NameOfEvent2Amt |
| Gross Receipts Event2 | $67,435 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $36,150 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $31,285 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $29,983 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $9,880 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $9,880 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $10,149 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $154,430 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $89,415 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $65,015 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $82,905 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $82,905 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$17,890 | NetIncomeSummaryAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE G, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | RHODE ISLAND DOES NOT REQUIRE THE UNIVERSITY TO REGISTER IN ORDER TO SOLICIT FUNDS. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| UNDERGRADUATE SCHOLARSHIPS/ FELLOWSHIPS/ STIPENDS | 2799 | $104,085,558 |
| MEDICAL SCHOOL SCHOLARSHIPS/ FELLOWSHIPS/ STIPENDS | 240 | $6,850,388 |
| GRADUATE SCHOLARSHIPS/ FELLOWSHIPS/ STIPENDS | 1384 | $107,440,052 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | Grant funds are managed in accordance with both the sponsor and University rules and regulations. Expenditures are reviewed on a pre and post audit basis to ensure that the costs incurred and charged to a particular grant is in compliance with both the sponsor and University policies. Schedule I, Part III The cash grants are reflected on students' accounts. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | false | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | 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 | Yes (true) | InitialContractExceptionInd |
| Rebuttable Presumption Proc | Yes (true) | RebuttablePresumptionProcInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (18 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt |
|---|---|---|---|---|---|---|---|
| Ruth J Simmons | |||||||
| PRESIDENT EMERITA | $641,120 | $6,865 | $30,600 | $7,898 | $686,483 | ||
| David I Kertzer | |||||||
| PROFESSOR ANTHROPOLOGY & ITALI | $273,148 | $17,500 | $30,600 | $16,985 | $338,233 | ||
| Elizabeth C Huidekoper | |||||||
| EXEC VP for FINANCE and ADMIN | $389,919 | $17,466 | $25,500 | $8,511 | $441,396 | ||
| Clyde L Briant | |||||||
| VP of Research (THRU 09/2013) | $345,180 | $2,258 | $30,600 | $15,846 | $393,884 | ||
| Rajiv Vohra | |||||||
| PROFESSOR OF ECONOMICS | $399,170 | $19,757 | $30,600 | $15,413 | $464,940 | ||
| Edward Wing | |||||||
| Dean of Med.&Bio(THRU 06/2013) | $635,085 | $17,500 | $30,600 | $8,498 | $691,683 | ||
| Margaret M Klawunn | |||||||
| VP CAMPUS LIFE/STUDENT SERVICE | $244,454 | $1,961 | $25,500 | $37,260 | $314,175 | $5,000 | |
| Stephen M Maiorisi | |||||||
| VP for Facilities Management | $235,179 | $11,064 | $25,375 | $24,040 | $295,658 | ||
| Kenneth M Shimberg | |||||||
| MD - Priv Equity | $348,981 | $228,888 | $23,325 | $1,094,955 | $493,761 | $153,350 | |
| J Vernon Henderson | |||||||
| Prof. Population Studies | $174,747 | $482,801 | $19,021 | $11,939 | $688,508 | ||
| Michael J Speidel | |||||||
| MD - Real Assets | $291,161 | $17,246 | $165,536 | $22,692 | $822,617 | $325,982 | $133,251 |
| Christina Paxson | |||||||
| PRESIDENT/FELLOW | $682,500 | $18,220 | $220,400 | $38,961 | $960,081 | ||
| KEVIN MCLAUGHLIN | |||||||
| DEAN OF FACULTY | $333,326 | $25,500 | $261 | $359,087 | |||
| MARK S SCHLISSEL | |||||||
| PROVOST | $503,967 | $32,500 | $20,400 | $65,840 | $622,707 | ||
| Joseph Dowling | |||||||
| VP & CIO (STARTING 06/2013) | $342,353 | $315 | $3,000 | $13,992 | $359,660 | ||
| Jack Elias | |||||||
| Dean of Med&Bio(AS OF 09/2013) | $255,784 | $6,332 | $362,116 | $100,000 | |||
| David Savitz | |||||||
| VP of Research (AS OF 09/2013) | $265,932 | $19,061 | $20,400 | $8,311 | $313,704 | ||
| Louis Rice | |||||||
| Chair - Bio Med | $568,026 | $19,230 | $20,400 | $19,592 | $627,248 | ||
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a | RESIDENCE FOR PERSONAL USE WAS PROVIDED TO THE FOLLOWING INDIVIDUALS: PRESIDENT - AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE EMPLOYER, THE PRESIDENT IS REQUIRED TO LIVE IN UNIVERSITY HOUSING. THEREFORE, NONE OF THE BENEFIT WAS TREATED AS TAXABLE COMPENSATION. PROVOST - AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE EMPLOYER, THE PROVOST IS REQUIRED TO LIVE IN UNIVERSITY HOUSING. THEREFORE, NONE OF THE BENEFIT WAS TREATED AS TAXABLE COMPENSATION. SCHEDULE J, PART I, LINE 1A THE CURRENT PRESIDENT'S HOUSEHOLD SERVICES ASSISTANT PROVIDES SOME PERSONAL SERVICES FOR THE PRESIDENT. THE PRESIDENT REIMBURSES THE UNIVERSITY BY CHECK FOR THESE SERVICES. SCHEDULE J, PART I, LINE 1B IN LIEU OF A STANDARDIZED WRITTEN POLICY, SENIOR OFFICERS WERE ISSUED AN ADDENDUM TO THEIR COMPENSATION LETTER APPROVED BY THE CHANCELLOR, OUTLINING THE TREATMENT OF THE HOUSING ITEM LISTED IN PART I, LINE 1A. |
| SCHEDULE J, PART I, LINE 4A | THE UNIVERSITY MADE A SEVERANCE PAYMENT TO THE FOLLOWING INDIVIDUAL BASED UPON THE 2013 OPTIONAL RETIREMENT INCENTIVE PLAN: J VERNON HENDERSON $482,801 TERMS & CONDITIONS OF SUPPLEMENTAL RETIREMENT PLAN AND PAYMENT FOR 2013: Effective July 1, 2012 the University entered into a deferred compensation agreement with the President. Under the Plan, the organization will deposit $200,000 to the President's deferred compensation account each June 30th through June 30, 2017. Such amounts will vest over the course of the agreement so long as the President remains continuously employed by the University through each such vesting date. $200,000 was credited to the Plan in calendar year 2013. TERMS & CONDITIONS OF DEFERRED INCENTIVE COMPENSATION PLAN FOR SENIOR INVESTMENT PROFESSIONALS AND PAYMENTS FOR 2013: THE INVESTMENT COMMITTEE SUB-COMMITTEE ON COMPENSATION RECOMMENDS THE AMOUNT OF INCENTIVE COMPENSATION (BASED UPON A PERCENTAGE OF BASE SALARY) FOR EACH SENIOR INVESTMENT PROFESSIONAL PRIOR TO THE BEGINNING OF THE PERFORMANCE YEAR. THE ACTUAL INCENTIVE COMPENSATION GRANTED IS DETERMINED AFTER THE CLOSE OF THE PERFORMANCE YEAR, AFTER THE SUB-COMMITTEE ASSESSES THE PERFORMANCE OF THE SENIOR INVESTMENT PROFESSIONALS USING QUALITATIVE & QUANTITATIVE FACTORS. HALF OF THE INCENTIVE COMPENSATION GRANTED IS DEFERRED FOR ONE TO THREE YEARS AND INVESTED IN THE UNIVERSITY'S LONG TERM POOL. A THIRD OF THE DEFERRED AMOUNT, PLUS ANY INVESTMENT GAINS/LOSSES IS TO BE PAID OUT IN EACH OF THE SUCCEEDING THREE YEARS. THE DEFERRED AMOUNTS ARE SUBJECT TO FORFEITURE IF THE INDIVIDUAL LEAVES BROWN FOR REASONS OTHER THANM RETIREMENT, DISABILITY OR DEATH. THE FOLLOWING AMOUNTS BECAME VESTED AND WERE PAID TO THE FOLLOWING INDIVIDUALS IN CALENDAR YEAR 2013: KENNETH M. SHIMBERG: $493,761 MICHAEL J. SPEIDEL: $325,982 SOME OF THE AMOUNTS (LISTED IN COLUMN BII) REPRESENT PAYMENTS OF INCENTIVE COMPENSATION THAT WERE DEFERRED AND REPORTED IN A PRIOR YEAR FORM 990. Schedule J, Part I, Line 7 THE UNIVERSITY OFFERS INCENTIVE COMPENSATION TO SENIOR PROFESSIONALS IN THE INVESTMENT OFFICE BASED UPON THE UNIVERSITY'S INVESTMENT PERFORMANCE. (SEE RESPONSE TO QUESTION 4B ABOVE) THE UNIVERSITY MADE A DISCRETIONARY BONUS PAYMENT TO THE FOLLOWING INDIVIDUAL BASED UPON SERVICE ACCOMPLISHMENTS DURING THE YEAR: MARGARET M. KLAWUNN $5,000 THE UNIVERSITY MADE A DISCRETIONARY SIGN-ON BONUS PAYMENT TO THE FOLLOWING INDIVIDUAL DURING THE YEAR: JACK A. ELIAS $100,000 SCHEDULE J, PART I, LINE 8 THE VICE PRESIDENT AND CHIEF INVESTMENT OFFICER IS UNDER HIS INITIAL CONTRACT WITH BROWN UNIVERSITY. |
| SCHEDULE J, PART II, COLUMN (D) | NON-TAXABLE BENEFITS LISTED IN COLUMN D CONSIST OF THE FOLLOWING ITEMS: PRE-TAX AMOUNTS PAID BY EMPLOYEES FOR HEALTH & DENTAL INSURANCE, MEDICAL REIMBURSEMENT, AMOUNTS PAID BY THE UNIVERSITY FOR HEALTH & DENTAL, AS WELL AS TUITION ASSISTANCE AND HOUSING THAT IS REQUIRED AS A CONDITION OF EMPLOYMENT. SCHEDULE J, PART II, COLUMN (F) AMOUNTS REPRESENT PAYMENTS OF INCENTIVE COMPENSATION THAT WERE DEFERRED AND REPORTED IN A PRIOR FORM 990. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| RI H&E CORP SERIES 2003A & 2003B | ||||||||
| A | 521300173 | 762243CA9 | 2003-11-13 | $91,425,000 | FINANCE CAPITAL PROJECTS | false | false | false |
| RI H&E BLD CORP SERIES 2004 | ||||||||
| B | 521300173 | 762243FX6 | 2004-04-24 | $22,545,097 | ADVANCED REFUNDING 1995 BOND | false | false | false |
| RI H&E BLD CORP SERIES 2005A | ||||||||
| C | 521300173 | 762243MY6 | 2005-10-04 | $85,500,000 | FINANCE CAPITAL PROJECTS | false | false | false |
| RI H&E CORP SERIES 2007 | ||||||||
| D | 521300173 | 762197BP5 | 2007-06-27 | $92,405,058 | FIN.CAP.PJT./REFUND 1998 COM.PAPER | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 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 | $48,875,000 | $0 | $91,928,050 | $0 | $0 | $0 | $590,401 | $0 | $0 | $91,337,649 | $0 | $0 | 2005 | false | false | Yes (true) | Yes (true) |
| B | $6,995,097 | $0 | $22,545,097 | $0 | $0 | $0 | $259,102 | $0 | $0 | $0 | $22,285,995 | $0 | false | Yes (true) | Yes (true) | Yes (true) | |
| C | $0 | $0 | $87,064,981 | $0 | $0 | $0 | $526,642 | $0 | $0 | $86,538,339 | $0 | $0 | 2006 | false | false | Yes (true) | Yes (true) |
| D | $2,395,058 | $0 | $93,317,470 | $0 | $0 | $0 | $718,615 | $0 | $0 | $42,912,412 | $49,686,443 | $0 | 2008 | Yes (true) | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Engage Bond Counsel ResearchEngageBondCounselResearchInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | Yes (true) | false | 0.00050 | 0.00000 | 0.00050 | false | false | false | false |
| B | false | false | false | false | 0 | false | false | false | false | |||
| C | false | false | false | Yes (true) | false | 0.00012 | 0.00000 | 0.00012 | false | false | false | false |
| D | false | false | false | false | 0 | false | false | false | false |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Exception To RebateExceptionToRebateInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1 | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|
| JP Morgan | ||||||||||
| A | false | Yes (true) | Yes (true) | Yes (true) | 35.3 | false | false | 0 | false | false |
| 0 | ||||||||||
| B | false | Yes (true) | false | false | false | 0 | false | false | ||
| Goldman Sachs | ||||||||||
| C | false | Yes (true) | Yes (true) | Yes (true) | 29.6 | false | false | 0 | false | false |
| 0 | ||||||||||
| D | false | Yes (true) | false | false | false | 0 | false | false | ||
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | false |
| B | false |
| C | false |
| D | false |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE K, PART II, LINE 3, COLUMN A (SERIES 2003) | FormAndLineReferenceDesc |
| Explanation | INCLUDES $503,050 OF INVESTMENT EARNINGS. SCHEDULE K, PART II, LINE 3, COLUMN C (SERIES 2005A) INCLUDES $1,564,981 OF INVESTMENT EARNINGS. SCHEDULE K, PART II, LINE 3, COLUMN D (SERIES 2007) INCLUDES $912,413 OF INVESTMENT EARNINGS. SCHEDULE K, PART II, LINE 3, COLUMN A (SERIES 2009) INCLUDES $3,239 OF INVESTMENT EARNINGS. SCHEDULE K, PART III, LINE 9 / PART IV, LINE 7 & PART V THE UNIVERSITY CURRENTLY HAS A DRAFT POST-ISSUANCE COMPLIANCE POLICY THAT IS IN THE APPROVAL PROCESS. BROWN UNIVERSITY CONDUCTS AN ANALYSIS OF ACTIVITIES CONDUCTED WITHIN ITS BOND-FINANCED FACILITIES TO DETERMINE IF THERE IS ANY PRIVATE USE. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| RI H&E CORP SERIES 2009 | ||||||||
| A | 521300173 | 762197DT5 | 2009-10-01 | $75,643,750 | FIN. CAP. PJT./REFUND COM. PAPER | false | false | false |
| RI H&E CORP SERIES 2011 | ||||||||
| B | 521300173 | 762197GR6 | 2011-08-24 | $80,629,956 | CURRENT REFUNDING 2001 BONDS | false | false | false |
| RI H&E CORP SERIES 2012 | ||||||||
| C | 521300173 | 762197KD2 | 2012-07-19 | $149,807,220 | FIN.CAP. PROJECTS/REFUND COM.PAPER | false | false | false |
| RI H&E CORP SERIES 2013 | ||||||||
| D | 521300173 | 762197PX3 | 2013-12-04 | $150,950,167 | FIN.CAP.PJT./REFUND 2003A BOND/REF | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 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 | $4,848,750 | $0 | $75,646,988 | $0 | $0 | $0 | $643,750 | $0 | $0 | $25,003,238 | $50,000,000 | $0 | 2011 | Yes (true) | false | Yes (true) | Yes (true) |
| B | $17,459,956 | $0 | $80,629,956 | $0 | $0 | $0 | $506,344 | $0 | $0 | $0 | $80,123,612 | $0 | Yes (true) | false | Yes (true) | Yes (true) | |
| C | $31,567,220 | $0 | $149,807,220 | $0 | $0 | $0 | $794,535 | $0 | $0 | $99,012,685 | $50,000,000 | $0 | 2014 | Yes (true) | false | false | Yes (true) |
| D | $12,235,167 | $0 | $150,950,167 | $0 | $0 | $0 | $755,226 | $0 | $0 | $109,887,521 | $40,307,420 | $0 | Yes (true) | false | false | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Engage Bond Counsel ResearchEngageBondCounselResearchInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | Yes (true) | false | 0.00025 | 0.00000 | 0.00025 | false | false | false | false |
| B | false | false | false | false | 0 | false | false | false | false | |||
| C | false | false | false | Yes (true) | false | 0.00002 | 0.00000 | 0.00002 | false | false | false | false |
| D | false | false | false | false | 0 | false | false | false | false |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Exception To RebateExceptionToRebateInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1 | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|
| 0 | ||||||||
| A | false | Yes (true) | false | false | false | 0 | false | false |
| 0 | ||||||||
| B | false | Yes (true) | false | false | false | 0 | false | false |
| 0 | ||||||||
| C | false | Yes (true) | false | false | false | 0 | false | false |
| 0 | ||||||||
| D | false | Yes (true) | false | false | false | 0 | false | false |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | false |
| B | false |
| C | false |
| D | false |
Schedule L IRS990ScheduleL
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $0 | TotalBalanceDueAmt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SEE PART V | PersonNm |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L PART IV | FormAndLineReferenceDesc |
| Explanation | (A) NAME OF INTERESTED PERSON: GOLDMAN SACHS (B) RELATIONSHIP BETWEEN THE INTERESTED PERSON AND THE ORGANIZATION: A FELLOW OF THE UNIVERSITY HAS A SIGNIFICANT FINANCIAL INTEREST AND IS ON THE MANAGEMENT COMMITTEE. (C) AMOUNT OF TRANSACTION: $17,824,000 OUTSTANDING VALUATION OF SWAP AGREEMENT WITH GOLDMAN SACHS AT 06/30/2014. (D) DESCRIPTION OF TRANSACTION: THE UNIVERSITY CURRENTLY HAS TWO ACTIVE INTEREST RATE SWAP AGREEMENTS WITH GOLDMAN SACHS. (E) SHARING OF THE ORGANIZATION'S REVENUES: NO (A) NAME OF INTERESTED PERSON: TPG CAPITAL, LLC (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND THE ORGANIZATION: A TRUSTEE OF THE UNIVERSITY HAS A SIGNIFICANT FINANCIAL INTEREST. (C) AMOUNT OF TRANSACTION: $85,159 (Management Fees paid to Partnership) (D) DESCRIPTION OF TRANSACTION: THE UNIVERSITY IS A LIMITED PARTNER IN SEVERAL TPG CAPITAL PARTNERSHIPS. (E) SHARING OF THE ORGANIZATION'S REVENUES: NO | ExplanationTxt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $0 | NoncashContributionsRptF990Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp | |
| Books And Publications | BooksAndPublicationsGrp | |
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp |
Boats And Planes BoatsAndPlanesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $0 | NoncashContributionsRptF990Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 493 | ContributionCnt |
| Noncash Contributions Rpt F990 | $22,811,727 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp |
Secur Prtnrshp Trust Intrsts SecurPrtnrshpTrustIntrstsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $6,000,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp |
Real Estate Commercial RealEstateCommercialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp |
Historical Artifacts HistoricalArtifactsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 17 | ContributionCnt |
| Noncash Contributions Rpt F990 | $0 | NoncashContributionsRptF990Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Photographs | 15 | $0 | 0 |
| Yes (X) | Piano | 1 | $0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 11 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE M, PART I, COLUMN (B) | FormAndLineReferenceDesc |
| Explanation | THE UNIVERSITY IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED DURING THE YEAR. SCHEDULE M, PART I, LINE 33 NO REVENUE WAS REPORTED ON FORM 990, PART VIII, LINE 1G BECAUSE THE UNIVERSITY'S COLLECTIONS (WHICH INCLUDE WORKS OF ART, HISTORICAL TREASURES & ARTIFACTS) ARE NOT RECOGNIZED AS ASSETS IN THE FINANCIAL STATEMENTS OF THE UNIVERSITY. THESE COLLECTIONS ARE PROTECTED AND PRESERVED FOR EDUCATION AND RESEARCH PURPOSES. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PARTS I AND III | TO SERVE THE COMMUNITY, THE NATION, AND THE WORLD BY DISCOVERING, COMMUNICATING, AND PRESERVING KNOWLEDGE AND UNDERSTANDING IN A SPIRIT OF FREE INQUIRY, AND BY EDUCATING AND PREPARING STUDENTS TO DISCHARGE THE OFFICES OF LIFE WITH USEFULNESS AND REPUTATION. BROWN ACCOMPLISHES THIS THROUGH A PARTNERSHIP OF STUDENTS & TEACHERS IN A UNIFIED COMMUNITY CALLED A UNIVERSITY-COLLEGE. |
| FORM 990, PART III, LINE 4A | INSTRUCTION / ENROLLMENT INCLUDES COST OF SUPPLIES, SALARIES AND BENEFITS ASSOCIATED WITH TEACHING APPROXIMATELY 8,500 STUDENTS (72% UNDERGRADUATE; 23% GRADUATE; 5% MEDICAL). A FACULTY OF APPROXIMATELY 700 (NOT INCLUDING ADJUNCT, VISITING, CLINICAL AND OTHER "NON-REGULAR" FACULTY) TEACH AND ADMINISTER PROGRAMS IN A VARIETY OF DISCIPLINES, INCLUDING THE HUMANITIES, LIFE/MEDICAL SCIENCES, PHYSICAL SCIENCES AND SOCIAL SCIENCES. THERE ARE NEARLY 100 PROGRAMS OF STUDY OFFERED BETWEEN THE THREE SCHOOLS (UNDERGRADUATE COLLEGE, GRADUATE SCHOOL AND MEDICAL SCHOOL) OF THE UNIVERSITY. IN 2014, THE UNIVERSITY AWARDED 1,594 BACCALAUREATE DEGREES AND 782 ADVANCED (MASTER AND DOCTORATE) DEGREES. FORM 990, PART III, LINE 4B STUDENT AID, FELLOWSHIPS & SCHOLARSHIPS BROWN PROVIDES 100 PERCENT OF DEMONSTRATED NEED FOR ALL AIDED UNDERGRADUATE STUDENTS THAT MATRICULATE. THE UNIVERSITY IS NEEDS-BLIND FOR DOMESTIC STUDENTS (US CITIZENS AND PERMANENT RESIDENTS) AND "NEED-AWARE" FOR INTERNATIONAL AND TRANSFER (BOTH DOMESTIC AND INTERNATIONAL) STUDENTS. INTERNATIONAL AND TRANSFER STUDENTS WHO DO NOT APPLY FOR AID AS PART OF THEIR ADMISSION APPLICATION MAY NOT RECEIVE NEED-BASED SCHOLARSHIPS FROM THE UNIVERSITY. FORTY-SEVEN PERCENT OF THE UNDERGRADUATE STUDENT BODY RECEIVES NEED-BASED FINANCIAL AID. THE AVERAGE FINANCIAL-AID PACKAGE FOR THE CLASS OF 2018 WAS $42,161. SINCE THE CLASS OF 2007, ALL DOMESTIC UNDERGRADUATES ADMITTED AS FRESHMEN AT BROWN UNIVERSITY WERE ADMITTED UNDER THE UNIVERSITY'S NEEDS-BLIND ADMISSION POLICY. FORM 990, PART III, LINE 4D OTHER PROGRAM SERVICES (EXPENSES $22,885,340) (REVENUE $19,710,178) THE UNIVERSITY ENGAGES IN RESEARCH IN PHYSICAL SCIENCES, HUMANITIES, LIFE SCIENCES AND SOCIAL SCIENCES. THE UNIVERSITY'S RESEARCH NETWORK FEATURES ADVANCED ACADEMIC INSTITUTES, CENTERS AND FACILITIES THAT MAKE OUR WORLD RENOWNED RESEARCH POSSIBLE. THESE FACILITIES, WHICH ARE MADE AVAILABLE TO FACULTY AND STUDENTS, ENCOURAGE DISCOVERY AND INNOVATION BY PROVIDING STATE-OF-THE-ART EQUIPMENT AND RESOURCES. |
| FORM 990, PART V, LINE 4B | FOREIGN ACCOUNTS THE ORGANIZATION HAS AN INTEREST IN OR A SIGNATURE OR OTHER AUTHORITY OVER A FINANCIAL ACCOUNT IN THE FOLLOWING FOREIGN COUNTRIES: 1) ITALY 2) FRANCE 3) GERMANY 4) SPAIN 5) ENGLAND 6) BERMUDA 7) IRELAND 8) BRITISH VIRGIN ISLANDS 9) CAYMAN ISLANDS 10) MAURITIUS 11) GUERNSEY, CHANNEL ISLANDS 12) JERSEY, CHANNEL ISLANDS |
| PART VI, SECTION A, LINE 1 | The Advisory & Executive Committee shall consist of the President (chair), the Chancellor, the Vice Chancellor, the Secretary, and the Treasurer, all ex officio, and at least nine additional members of the Corporation of whom at least two shall be Fellows and three Trustees. The Chairs of the Committees on Academic Affairs, Budget & Finance, Campus Life, Advancement, Facilities & Campus Planning, Audit, Medical School and Investment shall always be among the members of the Advisory & Executive Committee. Three Fellows and four Trustees shall constitute a quorum. The Committee may transact any business of the Corporation except the location of buildings and the election of Trustees, Fellows, and the President. In addition to the powers of the minor quorum, the Committee, by action of the Corporation, is authorized to appoint professors. The acts of the Advisory & Executive Committee shall be valid until the next meeting of the Corporation, and no longer unless approved by the Corporation. PART VI, SECTION A, LINE 2 SAMUEL M. MENCOFF PETER S. VOSS BUSINESS RELATIONSHIP - THE INDIVIDUALS SIT ON THE BOARD OF ANOTHER ORGANIZATION. NORMAN W. ALPERT KEVIN MUNDT BUSINESS RELATIONSHIP - ONE INDIVIDUAL IS THE CO-FOUNDER/MANAGING DIRECTOR AND ONE INDIVIDUAL IS THE GENERAL PARTNER OF ANOTHER ORGANIZATION. STEVEN A. COHEN BARRY S. STERNLICHT BUSINESS RELATIONSHIP - THE INDIVIDUALS SIT ON THE BOARD OF ANOTHER ORGANIZATION. CHARLES GIANCARLO THERESIA GOUW BUSINESS RELATIONSHIP - THE INDIVIDUALS SIT ON THE BOARD OF ANOTHER ORGANIZATION. PART VI, SECTION B, LINE 11 THE RETURN IS PREPARED BY THE UNIVERSITY AND REVIEWED BY THE UNIVERSITY'S TAX CONSULTANTS. A DRAFT VERSION OF THE FORM 990 IS PROVIDED TO THE ASSOCIATE CONTROLLER, CONTROLLER, EXECUTIVE VICE PRESIDENT FOR FINANCE & ADMINISTRATION, AND THE AUDIT COMMITTEE FOR REVIEW. CHANGES/COMMENTS ARE SUBMITTED TO MANAGEMENT AND ANY NECESSARY CHANGES ARE MADE PRIOR TO THE FINAL REVIEW AND SIGNING OF THE TAX RETURN BY THE UNIVERSITY'S INDEPENDENT AUDITORS/TAX CONSULTANTS. THE FINAL TAX RETURN IS PROVIDED TO THE BOARD PRIOR TO FILING. PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE BROWN COMMUNITY ARE RESPONSIBLE FOR READING THE UNIVERSITY'S CONFLICT OF INTEREST AND COMMITMENT POLICY (COICP) AND ITS RELATED GUIDELINES AND TO DISCLOSE POTENTIAL OR ACTUAL CONFLICTS AS THEY ARISE TO THEIR SUPERVISOR OR ASSIGNED SENIOR ADMINISTRATOR. FAILURE TO DO SO WILL BE DEEMED A FAILURE TO MEET ONE'S OBLIGATIONS FOR WHICH SANCTIONS, UP TO AND INCLUDING DISMISSAL, MAY BE IMPOSED. RESPONSIBILITY FOR IMPLEMENTING THE UNIVERSITY'S COICP IS AS FOLLOWS - THE CHANCELLOR FOR MEMBERS OF THE CORPORATION AND ITS STANDING COMMITTEES; THE PRESIDENT FOR THE CABINET; AND THE PROVOST FOR OFFICERS OF INSTRUCTION AND RESEARCH. FOR ALL OTHER MEMBERS OF THE BROWN COMMUNITY, RESPONSIBILITY FOR IMPLEMENTING THE UNIVERSITY'S COICP SHALL REST WITH THE SENIOR VICE PRESIDENT FOR CORPORATION AFFAIRS AND GOVERNANCE. ALL CORPORATION MEMBERS, ALL MEMBERS OF THE CORPORATION'S STANDING COMMITTEES, ALL OFFICERS OF INSTRUCTION, ALL SENIOR OFFICERS, AND SELECTED STAFF SHALL ALSO BE RESPONSIBLE FOR SUBMITTING AN ANNUAL DISCLOSURE FORM. IF THERE ARE NO DISCLOSURES WHICH PRESENT A CONFLICT OR APPEAR TO PRESENT A CONFLICT, THE SUPERVISOR SIGNS THE FORM AND FORWARDS IT TO THE ASSIGNED SENIOR ADMINISTRATOR. IF THERE ARE DISCLOSURES WHICH PRESENT A CONFLICT OR APPEAR TO PRESENT A CONFLICT, THE SUPERVISOR IS RESPONSIBLE FOR WORKING WITH THE EMPLOYEE TO DETERMINE WHETHER A MANAGEMENT PLAN IS WARRANTED, SIGNING THE DISCLOSURE FORM TO ACKNOWLEDGE THAT IT HAS RECEIVED SUPERVISORY REVIEW, AND FORWARDING IT TO THE ASSIGNED SENIOR ADMINISTRATOR FOR THAT EMPLOYEE. FORMS THAT DISCLOSE AFFILIATIONS ARE REQUIRED TO RECEIVE SECONDARY REVIEW AND SIGNATURE BY THE ASSIGNED SENIOR ADMINISTRATOR OR, WHEN THE ASSIGNED SENIOR ADMINISTRATOR IS ALSO THE EMPLOYEE'S SUPERVISOR, BY THE ASSIGNED SENIOR ADMINISTRATOR'S SUPERVISOR. SENIOR ADMINISTRATORS, AS ASSIGNED BY THE SENIOR VICE PRESIDENT FOR CORPORATION AFFAIRS AND GOVERNANCE, ARE RESPONSIBLE FOR COLLECTING DISCLOSURE FORMS AND, IF WARRANTED, MANAGEMENT PLANS WITHIN THEIR DIVISIONS AND FORWARDING THEM TO THE OFFICE OF CORPORATION AFFAIRS AND GOVERNANCE. HUMAN RESOURCES SHALL MAINTAIN EMPLOYEES' DISCLOSURE FORMS AND RELATED MANAGEMENT PLANS, AND THE UNIVERSITY AUDITOR SHALL PERIODICALLY MONITOR THE FILE TO ENSURE COMPLIANCE WITH THE DISCLOSURE REQUIREMENTS OF THIS POLICY. THE UNIVERSITY'S INVESTMENT OFFICE ALSO HAS STRICT INVESTMENT POLICIES INTENDED TO MAINTAIN THE HIGHEST ETHICAL AND LEGAL STANDARDS AND AVOID CONFLICTS. ALL MEMBERS OF THE CORPORATION, INCLUDING THE PRESIDENT, DISCLOSE INFORMATION ANNUALLY RELATED TO CONFLICT OF INTEREST AND COMMITMENT. IF THERE IS CONSIDERATION TO HIRE A FIRM THAT COULD POTENTIALLY PRESENT A CONFLICT, THE INVESTMENT OFFICE SEEKS THE ADVICE AND CONSENT OF THE CORPORATION OFFICE AND GENERAL COUNSEL. ALL MEMBERS OF THE INVESTMENT COMMITTEE MUST RECUSE THEMSELVES AND REFRAIN FROM PARTICIPATION IN CONSIDERATION OF ANY INVESTMENT IN WHICH THEY HAVE AN INTEREST. PART VI, SECTION B, LINE 15 THE AUTHORITY TO ESTABLISH AND ADJUST COMPENSATION FOR THE PRESIDENT AND SENIOR STAFF RESTS WITH THE CORPORATION COMMITTEE ON SENIOR ADMINISTRATION. SENIOR STAFF INCLUDES OFFICERS REPORTING TO THE PRESIDENT, THE DEANS AND VICE PRESIDENTS OR THEIR EQUIVALENTS WHO REPORT TO THE PROVOST AND/OR THE EXECUTIVE VICE PRESIDENT FOR FINANCE & ADMINISTRATION, ANY OTHER UNIVERSITY EMPLOYEE WHOSE ANNUAL COMPENSATION IS IN EXCESS OF $225,000, AND OTHERS WHOSE RESPONSIBILITIES MIGHT BE DETERMINED TO REFLECT SIGNIFICANT INFLUENCE OVER THE AFFAIRS OF THE UNIVERSITY. THE COMMITTEE CONDUCTS THEIR REVIEW ANNUALLY AND, AS PART OF THEIR REVIEW PROCESS, USES DATA AND INFORMATION FROM SURVEYS REFLECTING INDUSTRY STANDARDS FOR COMPENSATION, BENEFITS, AND PREREQUISITES OF SENIOR OFFICERS EITHER AT INSTITUTIONS OF HIGHER EDUCATION OR AT COMPARABLE ENTITIES. DOCUMENTATION OF THIS REVIEW, AS WELL AS ANY DECISIONS MADE, ARE PREPARED BEFORE THE NEXT MEETING OF THE COMMITTEE ON SENIOR ADMINISTRATION, OR 60 DAYS AFTER THE FINAL ACTIONS OF THE COMMITTEE TO SET SALARIES, WHICHEVER IS LATER. THE COMMITTEE FORMALLY APPROVES THE DOCUMENTATION WITHIN A REASONABLE TIME AFTER IT IS PREPARED. PART VI, SECTION C, LINE 19 THE UNIVERSITY'S FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICIES, AND GOVERNING DOCUMENTS (CHARTER AND STATUTES) ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AND ON OUR WEBSITE. |
| FORM 990, PART XI, LINE 9 | Actuarial Gain/Loss - Split Interest $3,886,960 Cost of Issuance ($1,382,411) Other ($239,526) ___________ Total $2,265,023 |
| FORM 990, PART XII, LINE 2D | BROWN UNIVERSITY'S FINANCIAL STATEMENTS INCLUDE THE ACCOUNTS OF THE JOHN NICHOLAS BROWN CENTER FOR THE STUDY OF AMERICAN CIVILIZATION, BROWN FACULTY CLUB, FARVIEW INCORPORATED (A REAL ESTATE HOLDING COMPANY), AND KARING. ALL OF WHICH ARE SEPARATE ENTITIES THAT ARE CONSOLIDATED IN THE FINANCIAL STATEMENTS. BROWN UNIVERSITY AND THESE CONSOLIDATED ENTITIES ARE COLLECTIVELY REFERRED TO HEREIN AS THE UNIVERSITY. ALL SIGNIFICANT INTER-ENTITY TRANSACTIONS AND BALANCES HAVE BEEN ELIMINATED IN CONSOLIDATION. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (5 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Brown University Research Foundation | ||||||||||
| c/o Brown University Controllers O | Providence | RI | 02912 | 050390989 | Support Brown | RI | 501(c)(3) | 11d | BROWN | Yes (true) |
| John Nicholas Brown Center | ||||||||||
| c/o Brown University Controllers O | Providence | RI | 02912 | 222506553 | Support Brown | RI | 501(c)(3) | 11a | BROWN | Yes (true) |
| Farview Inc | ||||||||||
| c/o Brown University Controllers O | Providence | RI | 02912 | 222665046 | Support Brown | RI | 501(c)(2) | n/a | BROWN | Yes (true) |
| Brown Faculty Club | ||||||||||
| One Magee Street | Providence | RI | 02712 | 510192393 | Support Brown | RI | 501(c)(7) | n/a | BROWN | Yes (true) |
| KARING | ||||||||||
| 110 S MAIN STREET | PROVIDENCE | RI | 02912 | 272862779 | SUPPORT BROWN | RI | 501(c)(4) | N/A | BROWN | Yes (true) |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (5 entries)
| Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Entity TypeEntityTypeTxt | Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CHARITABLE GIFT ANNUITY FUND (2) | ||||||||||||
| SUPPORT | MA | NA | TRUST | |||||||||
| CHARITABLE REMAINDER ANNUITY TRUST (6) | ||||||||||||
| SUPPORT | MA | NA | TRUST | |||||||||
| CHARITABLE REMAINDER UNITRUST (79) | ||||||||||||
| SUPPORT | MA | NA | TRUST | |||||||||
| POOLED INCOME (3) | ||||||||||||
| SUPPORT | MA | NA | TRUST | |||||||||
| Brown Cayman I | ||||||||||||
| Investments | Brown Universit | C Corp | 121 South Main Street 9th Floor | Providence | RI | 02903 | 981182767 | CJ | $20,000,000 | 1.00000 | Yes (true) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| 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 | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| KARING | ||
| Q | $781,981 | COST |
| BROWN CAYMAN I | ||
| B | $20,000,000 | CASH |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R, PART IV, LINE 1 | FormAndLineReferenceDesc |
| Explanation | TRUSTS ARE DOMICILED IN MASSACHUSETTS. SCHEDULE R, PART IV, LINE 3 TRUSTS ARE DOMICILED IN MASSACHUSETTS. SCHEDULE R, PART V, LINE 1N & 1O FOR BROWN UNIVERSITY RESEARCH FOUNDATION, JOHN NICHOLAS BROWN CENTER, FAIRVIEW, AND THE BROWN FACULTY CLUB - THE EXPENSES FOR THESE RELATED ORGANIZATIONS ARE PAID DIRECTLY BY BROWN UNIVERSITY. THERE IS NO REIMBURSEMENT PAID BY ANY OF THESE RELATED ORGANIZATIONS TO BROWN UNIVERSITY. SCHEDULE R, PART V, LINE 1Q KARING REIMBURSED BROWN FOR EXPENSES RELATED TO CONSTRUCTION WHICH BROWN PAID DURING THE FISCAL YEAR ENDED 6/30/14. THE AMOUNTS REIMBURSED WERE BASED UPON COST OF CONSTRUCTION PAID BY BROWN UNIVERSITY. | ExplanationTxt |