2015-02-04T18:13:00-06:00 2014-06-30 420714325 MCGLADREY LLP 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 208787340 990 2013-07-01 530196577 THE BROOKINGS INSTITUTION BROO 2027976000 1775 MASSACHUSETTS AVE NW WASHINGTON DC 200362103 DAVID PORTER AVP, ASST TREASURER 2027976000 2015-02-04 1 WILLIAM E TURCO CPA P00369217 3012963600 2013 2016-03-07 17:11:31Z STROBE TALBOTT 1775 MASSACHUSETTS AVE NW WASHINGTON DC 200362103 349362659 0 X WWW.BROOKINGS.EDU X 1939 DC ANALYZE POLICY ISSUES AND PRODUCE PRACTICAL NEW IDEAS. 55 54 566 54 -231769 -232974 80276594 89488748 0 0 16438194 13114207 3888205 3923623 100602993 106526578 567766 839102 0 0 51180901 55823892 0 0 3462182 44977662 42905991 96726329 99568985 3876664 6957593 462634222 496001963 58394541 52763951 404239681 443238012 X THE BROOKINGS INSTITUTION (BROOKINGS) IS A PRIVATE, NON-PROFIT, INDEPENDENT PUBLIC POLICY RESEARCH ORGANIZATION. BROOKINGS'S MISSION IS TO CONDUCT HIGH-QUALITY INDEPENDENT RESEARCH AND, BASED ON THAT RESEARCH, TO ADVANCE INNOVATIVE, PRACTICAL RECOMMENDATIONS THAT ADVANCE THREE BROAD GOALS: STRENGTHEN AMERICAN DEMOCRACY; FOSTER THE ECONOMIC AND SOCIAL WELFARE, SECURITY AND OPPORTUNITY OF ALL AMERICANS, AND SECURE A MORE OPEN, SAFE, PROSPEROUS AND COOPERATIVE INTERNATIONAL SYSTEM. FOR MORE THAN 90 YEARS, BROOKINGS HAS ANALYZED CURRENT AND EMERGING ISSUES AND PRODUCED NEW IDEAS THAT MATTER - FOR THE NATION AND THE WORLD. RESEARCH AT BROOKINGS IS CONDUCTED TO INFORM THE PUBLIC DEBATE AND PROVIDE HIGH-QUALITY, NON-PARTISAN ANALYSIS ON THE CHALLENGES FACING AN INCREASINGLY INTERDEPENDENT WORLD. 0 0 22906506 839102 FOREIGN POLICY STUDIES:THE FOREIGN POLICY PROGRAM'S RESEARCH HELPS POLICYMAKERS AND THE PUBLIC ADDRESS THE GREAT CHALLENGES FACING THE UNITED STATES AND THE INTERNATIONAL COMMUNITY IN THE 21ST CENTURY. THE AIM IS TO IMPROVE AMERICA'S FOREIGN AND NATIONAL SECURITY POLICIES, ENLIGHTEN THE PUBLIC POLICY DEBATE, AND SHAPE THE EMERGING INTERNATIONAL ORDER IN FAVOR OF PEACE, SECURITY AND HUMAN PROGRESS. IN THE PAST YEAR, FOREIGN POLICY EXPERTS BOTH IN WASHINGTON AND IN OUR OVERSEAS CENTERS IN BEIJING, DOHA AND NEW DELHI EXAMINED A WIDE RANGE OF TOPICS INCLUDING THE RAPIDLY CHANGING DEVELOPMENTS THROUGHOUT THE ARAB WORLD, THE EFFECT OF THE EUROZONE CRISIS, THE WARS IN AFGHANISTAN AND IRAQ, DISPUTES BETWEEN RUSSIA AND UKRAINE AND ISRAEL AND PALESTINE, ARMS CONTROL AND NUCLEAR NON-PROLIFERATION, ENERGY SECURITY, MILITARY TECHNOLOGY, IRAN, INDIA, SYRIA, LIBYA, THE EVOLVING TRANSATLANTIC RELATIONSHIPS, HUMANITARIAN AID AND THE CHANGING GLOBAL ROLE OF CHINA. IN ADDITION TO PUBLISHING NUMEROUS WORKS OF SCHOLARSHIP IN FY2014, SCHOLARS IN THE FOREIGN POLICY PROGRAM PROVIDED CONGRESSIONAL TESTIMONY AND PRESIDED OVER MORE THAN 325 PUBLIC AND PRIVATE EVENTS. 17190645 ECONOMIC STUDIES:THE ECONOMIC STUDIES PROGRAM ANALYZES CURRENT AND EMERGING ECONOMIC POLICY ISSUES IN THE UNITED STATES AND WORLDWIDE. ITS RESEARCH AIMS TO INCREASE THE PUBLIC'S UNDERSTANDING OF HOW THE ECONOMY WORKS AND WHAT CAN BE DONE TO MAKE IT WORK BETTER. IN THE PAST YEAR, ECONOMIC STUDIES EXPERTS EXAMINED THE FEDERAL BUDGET DEFICIT AND THE RISING NATIONAL DEBT, AND COMMENTED ON SUCH DIVERSE ISSUES AS THE LABOR MARKET AND JOB CREATION, FISCAL AND MONETARY POLICY, AND THE ROLE OF EDUCATION AND OPPORTUNITY IN ECONOMIC MOBILITY. ECONOMIC STUDIES ALSO PRODUCES THE BROOKINGS PAPERS ON ECONOMIC ACTIVITY, THE LEADING SOURCE OF POLICY-ORIENTED, EMPIRICAL RESEARCH ON MACROECONOMICS. IN ADDITION TO PUBLISHING NUMEROUS WORKS OF SCHOLARSHIP IN FY2014, ECONOMIC STUDIES HELD OVER 143 EVENTS BOTH PUBLIC AND PRIVATE, SCHOLARS ALSO SPOKE AT 84 EXTERNAL EVENTS, WROTE 519 OP-EDS AND BLOGS, PRODUCED 96 PAPERS AND BRIEFS, TESTIFIED ON CAPITOL HILL 15 TIMES, AND WERE CITED OR INTERVIEWED IN 26,713 MEDIA STORIES. WORK BY ES SCHOLARS WAS ALSO CITED 12 TIMES IN THE MOST RECENT ECONOMIC REPORT OF THE PRESIDENT. 11951136 METROPOLITAN POLICY:THE METROPOLITAN POLICY PROGRAM (METRO PROGRAM) BELIEVES THAT U.S. ECONOMIC PROSPERITY DEPENDS ON THE ECONOMIC HEALTH OF THE NATION'S METROPOLITAN REGIONS, WHICH AGGREGATE THE INNOVATION, SKILLS, TRADE, INFRASTRUCTURE, AND CAPITAL ASSETS THAT DRIVE BROAD-BASED GROWTH. TO DELIVER THAT PROSPERITY, THE METRO PROGRAM PROVIDES DECISION MAKERS WITH THE TREND ANALYSES, ACTIONABLE RESEARCH AND POLICY IDEAS, ON-THE-GROUND GUIDANCE, AND CONNECTIONS TO PUBLIC, PRIVATE, AND CIVIC LEADERS THAT THEY NEED TO BUILD MORE PRODUCTIVE, INCLUSIVE, AND RESILIENT METROPOLITAN ECONOMIES. 10316081 GLOBAL ECONOMY AND DEVELOPMENT:THE GLOBAL ECONOMY AND DEVELOPMENT PROGRAM EXAMINES THE OPPORTUNITIES AND CHALLENGES PRESENTED BY GLOBALIZATION, WHICH HAS BECOME A CENTRAL CONCERN FOR INTERNATIONAL POLICYMAKERS, BUSINESS LEADERS, THE MEDIA AND CIVIL SOCIETY. GLOBAL ECONOMY AND DEVELOPMENT EXPERTS ADDRESS THE ISSUES SURROUNDING GLOBALIZATION WITHIN THREE KEY AREAS: THE DRIVERS SHAPING THE GLOBAL ECONOMY, THE ROAD OUT OF POVERTY AND GLOBAL PUBLIC GOODS. IN THE PAST YEAR, THE RESEARCH AGENDA FOR THE PROGRAM WAS CENTERED ON THE STATE OF THE GLOBAL ECONOMIC RECOVERY, INCLUDING REGIONAL TRENDS; FOSTERING INCLUSIVE GROWTH; INFORMING THE NEXT GENERATION OF THE MILLENNIUM DEVELOPMENT GOALS (MDGS); AND TACKLING THE ISSUE OF GLOBAL CLIMATE CHANGE. IN ADDITION TO PUBLISHING NUMEROUS WORKS OF SCHOLARSHIP IN FY 2014, GLOBAL ECONOMY AND DEVELOPMENT HELD NUMEROUS EVENTS OPEN TO THE GENERAL PUBLIC. 6845793 GOVERNANCE STUDIES:THE GOVERNANCE STUDIES PROGRAM BRINGS TOGETHER PEOPLE INTERESTED IN IMPROVING THE PERFORMANCE OF OUR NATIONAL GOVERNMENT AND BETTERING THE ECONOMIC SECURITY, SOCIAL WELFARE, AND OPPORTUNITY AVAILABLE TO ALL AMERICANS. IN THE PAST YEAR, GOVERNANCE STUDIES EXPERTS EXAMINED THE POLITICS BEHIND HEALTH CARE REFORM, AMERICA'S ECONOMIC RECOVERY, PARTISAN POLITICS AND COMMENTED ON OTHER TIMELY TOPICS, SUCH AS THE U.S. BUDGET CRISES, U.S. JOB POLICIES, CONGRESSIONAL PRIMARIES, STRENGTHENING U.S. DEMOCRACY, JUDICIAL SELECTION REFORM, THE U.S. EDUCATIONAL SYSTEM, PARTISAN GRIDLOCK IN LEGISLATION, MOBILE FINANCIAL INCLUSION AND THE USE OF ONLINE TOOLS AND INFORMATION TECHNOLOGY TO INCREASE GOVERNMENT EFFICIENCY. IN ADDITION TO PUBLISHING NUMEROUS WORKS OF SCHOLARSHIP IN FY 2014, GOVERNANCE STUDIES HELD 38 EVENTS OPEN TO THE GENERAL PUBLIC. 2333103 1845011 BROOKINGS PRESS:THE BROOKINGS PRESS PUBLISHES PUBLIC POLICY RESEARCH FROM BROOKINGS' OWN SCHOLARS AS WELL AS OUTSIDE AUTHORS. THESE PUBLICATIONS PROVIDE EXTENSIVE BACKGROUND AND INSIGHT ON IMPORTANT PUBLIC POLICY ISSUES IN BUSINESS, ECONOMICS, GOVERNMENT AND INTERNATIONAL AFFAIRS. 2387618 COMMUNICATIONS AND WEB:THE COMMUNICATIONS DEPARTMENT DISSEMINATES INFORMATION ABOUT BROOKINGS, ITS SCHOLARS AND RESEARCH, AND THE ARRAY OF RESOURCES THAT BROOKINGS OFFERS. COMMUNICATIONS OVERSEES THE COMMENTARY AND ANALYSIS THAT APPEAR ON THE BROOKINGS' WEBSITE (WWW.BROOKINGS.EDU) AND THAT ARE DISTRIBUTED THROUGH BROOKINGS'S SOCIAL MEDIA CHANNELS AND OTHER DIGITAL COMPONENTS OF OUTREACH AND EDUCATION. THE DEPARTMENT SUPPORTS THE RESEARCH PROGRAMS BY PROVIDING VIDEO, DATA VISUALIZATION, ANIMATION AND OTHER MULTIMEDIA SERVICES, AND IT HOUSES THE ORGANIZATION'S PUBLISHING HOUSE, BROOKINGS INSTITUTION PRESS. 160129 OTHER RESEARCH:INCLUDES RESEARCH INITIATIVES OF THE EXECUTIVE OFFICE, FRIDAY POLICY ROUNDTABLES, AND CROSS-PROGRAM RESEARCH. CROSS-PROGRAM RESEARCH EFFORTS INCLUDE PUBLICATIONS AND OUTREACH EVENTS ON THE ALL BROOKINGS PRIORITIES, FOUR AREAS OF RESEARCH THAT ENCOMPASS WORK FROM ALL PROGRAMS IN THE INSTITUTION ON TIMELY AND CROSS-CUTTING ISSUES SUCH AS CLIMATE CHANGE, GROWTH THROUGH INNOVATION, AND OPPORTUNITY AND WELL-BEING. IT ALSO INCLUDES SOME EXPENSES ASSOCIATED WITH 2 SIGNIFICANT PARTNERSHIPS WITH UNIVERSITIES: THE BROOKINGS MOUNTAIN WEST PROGRAM WITH THE UNIVERSITY OF LAS VEGAS AND BROOKINGS' EXECUTIVE EDUCATION PROGRAM, A PARTNERSHIP WITH WASHINGTON UNIVERSITY IN ST. LOUIS. 22042724 1845011 74091011 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 0 1 0 1 1 1 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 481 0 1 566 1 1 1 1 QA UK IN 0 0 0 0 0 0 0 0 X 55 54 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AL AR CA CO CT FL GA IL KS KY MA MD ME TN VA WA WI WV MI MO NC ND NJ NH NM NY OH OK OR PA RI SC X X STEWART A URETSKY 2027976000 1775 MASSACHUSETTS AVE NW WASHINGTON DC 200362103 DAVID M RUBENSTEIN CO-CHAIR OF THE BOARD 4.00 X X 0 0 0 JOHN L THORNTON CO-CHAIR OF THE BOARD 4.00 X X 0 0 0 GLENN HUTCHINS VICE CHAIR OF THE BOARD/CAMPAIGN CHAIR 3.50 X X 0 0 0 SUZANNE NORA JOHNSON VICE CHAIR OF THE BOARD 3.00 X X 0 0 0 CHERYL COHEN EFFRON CHAIR OF THE DEVELOPMENT COMMITTEE 3.00 X 0 0 0 BENJAMIN R JACOBS CHAIR OF THE BUDGET AND FINANCE COMMITTEE 3.00 X 0 0 0 STEVEN RATTNER CHAIR OF THE INVESTMENT COMMITTEE 3.00 X 0 0 0 EDGAR RIOS CHAIR OF THE AUDIT COMMITTEE 2.00 X 0 0 0 TRACY R WOLSTENCROFT CHAIR OF THE NOMINATIONS AND GOVERNANCE COMMITTEE 3.50 X 0 0 0 ROBERT J ABERNETHY TRUSTEE 2.00 X 0 0 0 PAUL M ACHLEITNER TRUSTEE 2.00 X 0 0 0 LIAQUAT AHAMED TRUSTEE 2.50 X 0 0 0 DOMINIC BARTON TRUSTEE 2.00 X 0 0 0 ROBERT M BASS TRUSTEE 2.00 X 0 0 0 ALAN R BATKIN TRUSTEE 2.00 X 0 0 0 CRANDALL BOWLES TRUSTEE 2.00 X 0 0 0 HANZADE DOGAN BOYNER TRUSTEE 2.00 X 0 0 0 PAUL L CEJAS TRUSTEE 2.00 X 0 0 0 ABBY JOSEPH COHEN TRUSTEE 2.00 X 0 0 0 HOWARD E COX TRUSTEE 2.00 X 0 0 0 ARTHUR B CULVAHOUSE JR TRUSTEE 2.00 X 0 0 0 ALAN M DACHS TRUSTEE 2.00 X 0 0 0 PAUL DESMARAIS JR TRUSTEE 2.50 X 0 0 0 KENNETH M DUBERSTEIN TRUSTEE 2.00 X 0 0 0 ALFONSO FANJUL TRUSTEE 2.00 X 0 0 0 ANN M FUDGE TRUSTEE 2.00 X 0 0 0 ELLEN V FUTTER TRUSTEE 2.00 X 0 0 0 BRIAN L GREENSPUN TRUSTEE 2.00 X 0 0 0 PETE HIGGINS TRUSTEE 2.00 X 0 0 0 SHIRLEY A JACKSON TRUSTEE 2.00 X 0 0 0 KENNETH M JACOBS TRUSTEE 2.00 X 0 0 0 RICHARD A KIMBALL JR TRUSTEE 2.00 X 0 0 0 NEMIR KIRDAR TRUSTEE 2.00 X 0 0 0 KLAUS KLEINFELD TRUSTEE 2.00 X 0 0 0 PHILIP H KNIGHT TRUSTEE 2.00 X 0 0 0 RAJAN BHARTI MITTAL TRUSTEE 2.00 X 0 0 0 NIGEL MORRIS TRUSTEE 2.00 X 0 0 0 JAMES MURREN TRUSTEE 2.00 X 0 0 0 THOMAS C RAMEY TRUSTEE 2.00 X 0 0 0 JAMES ROGERS TRUSTEE 2.00 X 0 0 0 WILBUR ROSS TRUSTEE 2.00 X 0 0 0 HAIM SABAN TRUSTEE 2.00 X 0 0 0 LEONARD D SCHAEFFER TRUSTEE 2.00 X 0 0 0 AMY SCHULMAN TRUSTEE 2.00 X 0 0 0 LYNN THOMAN TRUSTEE 2.00 X 0 0 0 LARRY D THOMPSON TRUSTEE 2.00 X 0 0 0 MICHAEL L TIPSORD TRUSTEE 2.00 X 0 0 0 ANDREW H TISCH TRUSTEE 2.00 X 0 0 0 ANTOINE W VAN AGTMAEL TRUSTEE 2.00 X 0 0 0 BEATRICE WELTERS TRUSTEE 2.00 X 0 0 0 JOHN H WHITE JR TRUSTEE 2.00 X 0 0 0 DANIEL YERGIN TRUSTEE 2.00 X 0 0 0 LEI ZHANG TRUSTEE 2.00 X 0 0 0 DANIEL B ZWIRN TRUSTEE 2.00 X 0 0 0 N STROBE TALBOTT PRESIDENT 40.00 X X 507645 0 57587 STEWART URETSKY VP, CFO, & TREASURER 40.00 X 303256 0 49812 STEVEN J BENNETT CHIEF OPERATIONS OFFICER 40.00 X 290211 0 32398 CATHERINE A PIEZ CHIEF INVESTMENT OFFICER 40.00 X 279563 0 40011 DAVID PORTER ASSOC. VP & ASSISTANT TREASURER 40.00 X 194816 0 37938 AMANDA MAYS ASST. SECRETARY 40.00 X 52240 0 12091 LEIGH SLOANE SECRETARY 40.00 X 43286 0 11704 MARTIN S INDYK FORMER VP & DIR OF FOREIGN POLICY 40.00 X 343444 0 48315 KAREN E DYNAN SENIOR FELLOW 40.00 X 264305 0 25099 TED GAYER VP & DIR OF ECONOMIC STUDIES 40.00 X 351177 0 35829 BRUCE J KATZ VP & CO-DIR, METROPOLITAN POLICY 40.00 X 336126 0 60752 DARRELL M WEST VP & DIR OF GOVERNANCE STUDIES 40.00 X 288124 0 48449 KEMAL DERVIS VP & DIR OF GLOBAL 40.00 X 284379 0 34324 KIMBERLY CHURCHES VP FOR IAER 40.00 X 244943 0 36226 WILLIAM G GALE SR FELLOW & DIR, TAX POLICY CENTER 40.00 X 399218 0 44835 MARK B MCCLELLAN DIR, IIVH & SR FELLOW, ES 40.00 X 308481 0 44664 GROVER WHITEHURST SR. FELLOW & BROWN CENTER DIRECTOR 40.00 X 259567 0 30324 MARTIN N BAILY SR. FELLOW & DIRECTOR, IBPP 40.00 X 259240 0 47107 DAVID NASSAR VP FOR COMMUNICATIONS 40.00 X 252483 0 16529 WILLIAM J ANTHOLIS FORMER SECRETARY 40.00 X 293227 0 19212 5555731 0 733206 133 1 1 0 CDW DIRECT LLC PO BOX 75723 CHICAGO IL 60673 IT/COMPUTER HARDWARE, SOFTWARE & MAINT. 2175051 ACCENTURE LLP PO BOX 70629 CHICAGO IL 60673 GLOBAL MGMT, CONSULTING & TECHNOLOGY SVC 1354807 HBW GROUP 1055 FIRST STREET ROCKVILLE MD 20850 COMERCIAL CONSTRUCTION & REAL ESTATE 1249397 SODEXO INC & AFFILIATES PO BOX 536922 ATLANTA GA 303536922 FOOD SERVICE 1221280 VELIR INC 212 ELM STREET SUITE 401 SOMERVILLE MA 02144 IT/WEB DESIGN 852301 58 2110063 87378685 3993893 89488748 2624735 -231787 2856522 619696 332770 286926 286926 286926 252760369 242270897 10489472 10489472 10489472 1829551 232414 1597137 1597119 18 CAFETERIA INCOME 900099 1993592 1993592 OTHER INCOME 900099 45968 45968 2039560 106526578 1597119 -231769 15672480 X 461989 461989 377113 377113 3888041 1478970 1970472 438599 34550475 27380541 6169174 1000760 4013561 256853 3756708 10412104 12952784 -3129995 589315 2959711 2959711 175874 4169 171705 194362 27675 166687 735392 735392 12129708 9966542 2128284 34882 561781 413197 3613 144971 2181305 1248120 854997 78188 2741402 1960551 735352 45499 2707135 7036934 -4668266 338467 3821952 3490822 192955 138175 259 259 4321282 3902531 -184387 603138 2310843 2310843 5260427 840261 4420166 292596 4996 287600 OTHER DIRECT COSTS 3466470 1048691 2372551 45228 PUBLISHING 1394323 1381273 8354 4696 REPAIR/MAINTENANCE 531004 81654 449086 264 BAD DEBT 289250 12832 276418 -209374 -237746 28372 99568985 74091011 22015792 3462182 12418028 19739962 22177067 25145539 100310242 90045932 332166 375256 340513 277943 1246361 858388 78574339 38860255 43094417 39714084 68981661 318867969 212738613 9532 995154 967358 462634222 496001963 11995946 8909205 1551749 209794 39330821 39341663 2890063 1317063 2625962 2986226 58394541 52763951 X 186170179 212677352 142256477 148721246 75813025 81839414 404239681 443238012 462634222 496001963 X 6957593 32032809 7929 X 0 1 X 1 1 1 X 53280355 86934790 114836670 80276594 89488748 424817157 53280355 86934790 114836670 80276594 89488748 424817157 21849855 402967302 2850935 3851328 4004951 7056159 3244431 21007804 2068014 504358 2135707 2141934 2039560 8889573 454714534 7479448 0.88620 0.88360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 203875 X 0 404469002 6136117 45195854 13463737 1055697 441281539 381988094 3773990 32490567 12995750 787899 404469002 356490353 39783421 -583565 12787612 914503 381988094 302934775 15192166 51676961 12419859 893690 356490353 288396480 2080556 25421400 12265125 698536 302934775 0.47750 0.18550 0.33700 0 0 4155620 4155620 51133810 23313319 27820491 17031859 10516010 6515849 6253050 5030926 1222124 39714084 ACCRUED POST-RETIREMENT BENEFIT OBLIGATION 2084000 DEFERRED RENT EXPENSE PAYABLE 802976 DEFERRED COMPENSATION 99250 2986226 X 137917730 32032809 237746 -56120 32214435 105703295 1055697 -232414 823283 106526578 98984358 237746 233324 471070 98513288 1055697 1055697 99568985 PART III, LINE 4: BROOKINGS PHOTOGRAPHY COLLECTION WAS DONATED TO ENHANCE THE FACILITIES WHERE BROOKINGS SCHOLARS MEET WITH OTHER KEY PEOPLE IN THE PUBLIC POLICY WORLD. THIS CONTRIBUTES TO AN ATMOSPHERE THAT PROMOTES CONVERSATION AND INTERACTION. PART V, LINE 4: BROOKINGS CAREFULLY BALANCES ITS FUNDING TO RESPOND TO CURRENT POLICY ISSUES AS WELL AS UNDERTAKE LONG-TERM RESEARCH PROJECTS. AS NEW CHALLENGES EMERGE, THE ENDOWMENT IS USED TO MAKE NEW RESEARCH PROJECTS POSSIBLE, SUPPORTING CORE ADMINISTRATIVE COSTS, AS WELL AS, SCHOLAR-DRIVEN RESEARCH. PART X, LINE 2: BROOKINGS IS EXEMPT FROM FEDERAL INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND HAS BEEN DESIGNATED BY THE INTERNAL REVENUE SERVICE AS A "PUBLICLY SUPPORTED" ORGANIZATION UNDER SECTION 509(A)(1) OF THE CODE. BROOKINGS ENGAGES IN CERTAIN ACTIVITIES THAT PRODUCE UNRELATED BUSINESS INCOME, AS DEFINED BY FEDERAL INCOME TAX REGULATIONS. WHEN TAX RETURNS ARE FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHERS ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD BE ULTIMATELY SUSTAINED. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS TAKEN ARE NOT OFFSET OR AGGREGATED WITH OTHER POSITIONS. TAX POSITIONS THAT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. THE PORTION OF THE BENEFITS ASSOCIATED WITH TAX POSITIONS TAKEN THAT EXCEEDS THE AMOUNT MEASURED AS DESCRIBED ABOVE IS REFLECTED AS A LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING BALANCE SHEET, ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. BROOKINGS FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. AS OF JUNE 30, 2014, AND FOR THE YEAR THEN ENDED, THERE WERE NO MATERIAL UNRECOGNIZED/DERECOGNIZED TAX BENEFITS OR TAX PENALTIES OR INTEREST. GENERALLY, BROOKINGS IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2010. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN/(LOSS) ON FOREIGN CURRENCY EXCHANGE -56,120. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED ON LINE 10B -232,414. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED ON LINE 10B 232,414. AFFILIATE EXPENSES INCLUDED ON THE CONSOLIDATED FINANCIAL STATEMENT 910. 1 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 1 4 PROGRAM SERVICES, FUNDRAISING ACTIVITIES, MAINTAINING OFFICES PUBLIC POLICY RESEARCH 279394 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 1 13 PROGRAM SERVICES, FUNDRAISING ACTIVITIES, MAINTAINING OFFICES PUBLIC POLICY RESEARCH 4331925 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 1 10 PROGRAM SERVICES, FUNDRAISING ACTIVITIES, MAINTAINING OFFICES PUBLIC POLICY RESEARCH 833912 EAST ASIA AND THE PACIFIC 0 0 GRANT TO RECIPIENTS LOCATED IN REGION 198683 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 GRANT TO RECIPIENTS LOCATED IN REGION 178430 3 27 0 0 3 27 5822344 0 5822344 EAST ASIA AND THE PACIFIC RESEARCH 198683 WIRE TRANSFER 1 PROGRAM SERVICES MIDDLE EAST AND NORTH AFRICA 6 178430 WIRE TRANSFER 1 0 1 0 1 1 PART I, LINE 2: THE BROOKINGS INSTITUTION MAINTAINS RECORDS OF HOW GRANT FUNDS ARE USED AND VERIFIES THROUGH REGULAR REPORTS AND COMMUNICATIONS THAT GRANTS ARE USED IN A WAY CONSISTENT WITH THEIR ORIGINAL PURPOSE. 1 FELLOWSHIP STIPENDS 12 461989 PART I, LINE 2: BROOKINGS DOES NOT ISSUE GRANTS TO OTHER ORGANIZATIONS. BROOKINGS DOES ISSUE FELLOWSHIP STIPENDS TO INDIVIDUALS. THESE DISBURSEMENTS ARE MONITORED AS THE INDIVIDUALS ARE GENERALLY RESIDENTS AT BROOKINGS AND THEIR WORK IS SUPERVISED BY THEIR BROOKINGS ADVISOR. X 1 1 X X X X X 0 1 0 0 0 0 0 1 0 N STROBE TALBOTT PRESIDENT 505740 0 0 0 1905 0 48100 0 10394 0 566139 0 0 0 STEWART URETSKY VP, CFO, & TREASURER 275531 0 10000 0 17725 0 30600 0 22750 0 356606 0 0 0 STEVEN J BENNETT CHIEF OPERATIONS OFFICER 269986 0 20000 0 225 0 32398 0 697 0 323306 0 0 0 CATHERINE A PIEZ CHIEF INVESTMENT OFFICER 275218 0 4000 0 345 0 30600 0 10889 0 321052 0 0 0 DAVID PORTER ASSOC. VP & ASSISTANT TREASURER 173567 0 20904 0 345 0 16226 0 26215 0 237257 0 0 0 MARTIN S INDYK FORMER VP & DIR OF FOREIGN POLICY 322454 0 20000 0 990 0 39226 0 11756 0 394426 0 0 0 KAREN E DYNAN SENIOR FELLOW 207396 0 56650 0 259 0 25099 0 2441 0 291845 0 0 0 TED GAYER VP & DIR OF ECONOMIC STUDIES 295937 0 55090 0 150 0 53329 0 3547 0 408053 0 0 0 BRUCE J KATZ VP & CO-DIR, METROPOLITAN POLICY 315781 0 20000 0 345 0 62226 0 25073 0 423425 0 0 0 DARRELL M WEST VP & DIR OF GOVERNANCE STUDIES 267479 0 20000 0 645 0 32689 0 16668 0 337481 0 0 0 KEMAL DERVIS VP & DIR OF GLOBAL 283389 0 0 0 990 0 34324 0 3547 0 322250 0 0 0 KIMBERLY CHURCHES VP FOR IAER 239793 0 5000 0 150 0 35315 0 9759 0 290017 0 0 0 WILLIAM G GALE SR FELLOW & DIR, TAX POLICY CENTER 336672 0 62201 0 345 0 30600 0 15143 0 444961 0 0 0 MARK B MCCLELLAN DIR, IIVH & SR FELLOW, ES 277186 0 30950 0 345 0 30600 0 17612 0 356693 0 0 0 GROVER WHITEHURST SR. FELLOW & BROWN CENTER DIRECTOR 252662 0 5000 0 1905 0 30324 0 947 0 290838 0 0 0 MARTIN N BAILY SR. FELLOW & DIRECTOR, IBPP 231335 0 26000 0 1905 0 28965 0 21689 0 309894 0 0 0 DAVID NASSAR VP FOR COMMUNICATIONS 247333 0 5000 0 150 0 0 0 19856 0 272339 0 0 0 WILLIAM J ANTHOLIS FORMER SECRETARY 283002 0 10000 0 225 0 0 0 20119 0 313346 0 0 0 PART I, LINE 1A STROBE TALBOTT - FIRST CLASS TRAVEL WAS USED WHEN NO OTHER SEATS WERE AVAILABLE AND HE WAS REQUIRED TO RETURN TO DC FOR A REQUIRED ENGAGEMENT. PART I, LINE 4B STROBE TALBOTT PARTICIPATES IN A NONQUALIFIED RETIREMENT PLAN. THERE WAS NO DEFERRAL TO THE PLAN DURING THE YEAR ENDING 12/31/2013. PART I, LINE 7 BONUSES ARE DISCRETIONARY AND ARE BASED ON INSTITUTIONAL AFFORDABILITY, AS DETERMINED ANNUALLY BY THE PRESIDENT. A DISTRICT OF COLUMBIA 536001131 2548394Z3 2009-02-12 39290000 RENOVATION OF EXISTING FACILITIES, ACQUIRE NEW FACILITY AND RELATED COSTS 0 0 0 A 38974198 863272 38110926 2011 0 0 1 1 A 0 0 1 1 1 1 0.00000 0.00000 0.00000 0 0 0 A 0 0 1 0 0 0 0 0 0 A 1 X 14 3993893 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 4 THE NOMINATIONS AND GOVERNANCE COMMITTEE UNDERTOOK A GOVERNANCE REVIEW, WHICH RESULTED IN REVISED BY-LAWS, ADOPTED MARCH 7, 2014. THE MAIN CHANGES, INCLUDED INSTITUTING A THREE-YEAR TERM FOR OFFICERS OF THE BOARD AND COMMITTEE CHAIRS; A COMPREHENSIVE REVIEW PROCESS AT THE END OF THESE THREE YEAR TERMS, WHICH WOULD BE OVERSEEN BY THE NOMINATIONS AND GOVERNANCE COMMITTEE; AND EFFECTIVE FY2015 THE MERGING OF THE AUDIT COMMITTEE AND COMMITTEE ON PUBLIC RESPONSIBILITY AND ETHICS INTO ONE SMALLER COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES HAS APPOINTED THE AUDIT COMMITTEE OF THE BOARD AS THE RESPONSIBLE BOARD PARTY FOR REVIEWING THE FORM 990 AND 990T EACH YEAR STARTING WITH THE FISCAL YEAR ENDED JUNE 30, 2009. ONCE THE FORM HAS BEEN COMPLETED IT IS REVIEWED INTERNALLY BY THE PRESIDENT, THE CHIEF FINANCIAL OFFICER, THE CONTROLLER, THE GENERAL COUNSEL, AND OTHER MEMBERS OF THE SENIOR STAFF, ALONG WITH THE AUDIT COMMITTEE. ONCE THOSE REVIEWS ARE COMPLETED AND THE DOCUMENT HAS BEEN APPROVED, IT IS SENT TO ALL VOTING MEMBERS OF THE BOARD OF TRUSTEES BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, ALL BROOKINGS PERSONNEL AND CERTAIN AFFILIATES ARE REQUIRED TO COMPLETE A DISCLOSURE AND ACKNOWLEDGMENT FORM RELATED TO THE INSTITUTION'S CONFLICT OF INTEREST POLICY. SPECIFICALLY, ALL EMPLOYEES ARE REQUIRED TO ACKNOWLEDGE THAT THEY HAVE READ, UNDERSTOOD, AND ARE COMMITTED TO ABIDING BY THE INSTITUTION'S CONFLICT OF INTEREST POLICY AS WELL AS CERTAIN OTHER INSTITUTIONAL POLICIES AND ARE ADDITIONALLY ASKED TO MAKE CERTAIN DISCLOSURES ABOUT THEIR ACTIVITIES OUTSIDE OF WORK AND FINANCES TO HELP IDENTIFY POSSIBLE CONFLICTS OF INTEREST. ALL FORMS ARE SUBMITTED TO THE OFFICE OF THE GENERAL COUNSEL, WHICH REVIEWS THEM AND HAS DISCRETION TO MAKE RECOMMENDATIONS OR RAISE CONCERNS WITH AFFECTED INDIVIDUALS AS APPROPRIATE. MINOR ISSUES INVOLVING POTENTIAL OR APPARENT CONFLICTS OF INTEREST AND QUESTIONS ABOUT THE SAME ARE RESOLVED BY THE GENERAL COUNSEL IN CONSULTATION WITH OTHER MEMBERS OF SENIOR MANAGEMENT AS APPROPRIATE. MAJOR CONFLICT OF INTEREST ISSUES AND CONFLICT OF INTEREST ISSUES INVOLVING TRUSTEES HAVE BEEN REFERRED TO THE AUDIT COMMITTEE. THE GENERAL COUNSEL REGULARLY CONFERS WITH THE CHAIR OF THE AUDIT COMMITTEE REGARDING THE INSTITUTION'S CONFLICT OF INTEREST POLICY AND ANY CONFLICT OF INTEREST ISSUES. FORM 990, PART VI, SECTION B, LINE 15 THE INSTITUTION'S BYLAWS PROVIDE FOR A COMPENSATION COMMITTEE CONSISTING OF THE CHAIR (OR CO-CHAIRS) OF THE BOARD OF TRUSTEES, THE VICE-CHAIRS, AND THE CHAIRS OF THE STANDING COMMITTEES OF THE BOARD (AUDIT, BUDGET AND FINANCE, NOMINATING AND GOVERNANCE, INVESTMENT AND DEVELOPMENT). THE CHAIR (OR CO-CHAIRS) DETERMINES THAT THE MEMBERS ARE FREE OF ANY CONTRACTUAL OR OTHER RELATIONSHIPS THAT WOULD PUT INTO QUESTION THE EXERCISE OF HIS OR HER INDEPENDENT JUDGMENT. THE COMPENSATION COMMITTEE HAS THE AUTHORITY TO SET THE SALARY OF THE PRESIDENT AND SUCH OTHER OFFICERS, DIRECTORS, MANAGERS, OR EMPLOYEES AS THE EXECUTIVE COMMITTEE OR AUDIT COMMITTEE RECOMMENDS BE SET BY THE COMPENSATION COMMITTEE. IN SETTING SUCH SALARIES, THE COMPENSATION COMMITTEE ASKS THE CHIEF OPERATING OFFICER AND THE CHIEF HUMAN RESOURCES OFFICER TO GATHER RELEVANT SALARY COMPARABILITY DATA AND RECORD COMMITTEE MINUTES WHICH CLEARLY DOCUMENT THE COMMITTEE'S DECISIONS AND THE RATIONALE UNDERLYING SUCH DECISIONS. THE COMMITTEE TENDS TO USE AN OUTSIDE CONSULTANT TO ESTABLISH SALARY COMPARABLES AND TO DETERMINE THE REASONABLENESS OF THE COMPENSATION RECEIVED BY ALL DISQUALIFIED PERSONNEL. FORM 990, PART VI, SECTION C, LINE 19 BROOKINGS MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FORM 990 AVAILABLE UPON REQUEST. INQUIRIES COME TO THE ORGANIZATION'S ATTENTION VIA E-MAIL, PHONE, AND MAIL. WHENEVER POSSIBLE, BROOKINGS REPLIES BY PROVIDING AN ELECTRONIC COPY OR BY DIRECTING REQUESTORS TO GUIDESTAR.ORG. FORM 990, PART IX, LINE 11G CONTACTS/PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 9,053,257. MANAGEMENT AND GENERAL EXPENSES 1,845,591. FUNDRAISING EXPENSES 34,882. TOTAL EXPENSES 10,933,730. QUALIFIED SUBCONTACTS: PROGRAM SERVICE EXPENSES 350,304. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 350,304. TEMPORARY HELP: PROGRAM SERVICE EXPENSES 562,981. MANAGEMENT AND GENERAL EXPENSES 282,693. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 845,674. FORM 990, PART XI, LINE 9: GAIN/(LOSS) ON FOREIGN CURRENCY EXCHANGE -56,120. EFFECT OF ADOPTION PROVISIONS SFAS NO. 158 64,000. FOREIGN CURRENCY 49. BROOKINGS CENTER- DOHA PO BOX 22694 DOHA QA ANALYSIS AND RESEARCH QA THE BROOKINGS INSTITUTION 1 INDIAN PRIVATE LIMITED 1568 CHURCH ROAD KASHMERE GATE NEW DELHI IN 110006 ANALYSIS AND RESEARCH IN THE BROOKINGS INSTITUTION C 6043 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0