2015-05-14T15:46:32-05:00 2014-06-30 271728945 O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2013-07-01 133297197 THE NEW SCHOOL NEWS 2122295600 66 WEST 12TH STREET NEW YORK NY 10011 STEPHEN STABILE VP & TREASURER 2122295600 2015-05-14 1 GARRETT M HIGGINS P00543209 2122862600 2013 2016-04-25 22:37:26Z DAVID VAN ZANDT 66 WEST 12TH STREET NEW YORK NY 10011 1006921865 0 X WWW.NEWSCHOOL.EDU X 1919 NY SEE SCHEDULE O FOR ORGANIZATION MISSION STATEMENT IN FULLTHE NEW SCHOOL'S MISSION IS TO PREPARE OUR STUDENTS TO UNDERSTAND, CONTRIBUTE TO, AND SUCCEED IN A RAPIDLY CHANGING SOCIETY, AND THUS MAKE THE WORLD A BETTER AND MORE THAN JUST A PLACE. 46 43 6872 242 5904 0 23711767 19660518 368311185 389210149 6039525 94388136 3930435 4557757 401992912 507816560 90421907 94353420 0 0 203120528 211615076 0 0 3705414 104208162 120673919 397750597 426642415 4242315 81174145 958001560 1021664325 518736624 501567242 439264936 520097083 X SEE SCHEDULE O 1 0 142828307 352305395 ACADEMIC PROGRAM: THE UNIVERSITY'S ACADEMIC PROGRAM IS COMPOSED OF INSTRUCTIONAL, RESEARCH AND PUBLIC SERVICE ACTIVITIES. THE UNIVERSITY AWARDS BACCALAUREATE, MASTERS, AND DOCTORAL DEGREES. IN ACADEMIC YEAR 2013-14 IT ENROLLED 10,607 DEGREE STUDENTS AND 2,689 CONTINUING EDUCATION STUDENTS. THE UNIVERSITY RESEARCH AND PUBLIC SERVICE ACTIVITIES ENABLE FACULTY TO EXPLORE NEW AREAS OF EDUCATION, LEARNING AND KNOWLEDGE AND PROVIDES NON-INSTRUCTIONAL SERVICES TO INDIVIDUALS AND GROUPS EXTERNAL TO THE UNIVERSITY. 94353420 94353420 SCHOLARSHIP AND FINANCIAL AID:THE NEW SCHOOL SEEKS TO MAKE ITS EDUCATION AS AFFORDABLE AS POSSIBLE BY OFFERING FINANCIAL SUPPORT TO STUDENTS BASED ON FINANCIAL NEED, ACADEMIC ACHIEVEMENT, AND OTHER QUALIFICATIONS THROUGH SCHOLARSHIPS AND WORK STUDY PROGRAMS, WHICH ARE FUNDED BY INSTITUTIONAL FUNDS ANDFEDERAL, STATE AND PRIVATE GRANTS. IN ACADEMIC YEAR 2013-14, 8,523 STUDENTS RECEIVED INSTITUTIONAL SCHOLARSHIPS AND 9,068 STUDENTS RECEIVED AT LEAST ONE FORM OF INSTITUTIONAL OR PUBLIC SCHOLARSHIPS, GRANTS, LOANS, OR WORK STUDY AWARDS. 89853920 EDUCATIONAL SUPPORT: THE UNIVERSITY'S EDUCATIONAL SUPPORT PROGRAM IS COMPOSED OF ACADEMIC SUPPORT AND STUDENT SERVICES. ACADEMIC SUPPORT PROVIDES SUPPORT SERVICES, SUCH AS LIBRARIES, ACADEMIC TECHNOLOGY, FACULTY AND CURRICULUM DEVELOPMENT, FOR ITS PRIMARY MISSIONS OF INSTRUCTION,RESEARCH AND PUBLIC SERVICE. STUDENT SERVICES PROVIDE VARIOUS SERVICES TO STUDENTS, WHICH CONTRIBUTE TO THE STUDENTS' EMOTIONAL AND PHYSICAL WELL-BEING AND TO THEIR INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT OUTSIDE THE CONTEXT OF THE UNIVERSITY'S FORMAL INSTRUCTIONAL PROGRAMS 35742158 36904754 AUXILIARY REVENUE FOR DORMS AND HEALTH SERVICES. 35742158 36904754 362777805 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 0 1 1 1 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 1 0 0 0 1 9505 0 1 6872 1 1 1 1 GM FR 0 0 0 1 1 0 0 0 0 X 46 43 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X STEVE STABILE VP TREASURER 2122295600 66 WEST 12TH STREET NEW YORK NY 10011 DAVID VAN ZANDT PRESIDENT 60.00 X X 653464 0 581250 JOSEPH R GROMEK CHAIR 1.00 X X 0 0 0 FRANCI J BLASSBERG VICE CHAIR 1.00 X X 0 0 0 GARRY CROWDER VICE CHAIR 1.00 X X 0 0 0 SUSAN L FOOTE VICE CHAIR 1.00 X X 0 0 0 ELLIOT STEIN VICE CHAIR 1.00 X X 0 0 0 HENRY H ARNHOLD TRUSTEE 1.00 X 0 0 0 ARNOLD H ARONSON TRUSTEE 1.00 X 0 0 0 STEVEN H BLOOM TRUSTEE 1.00 X 0 0 0 DOMINIQUE BLUHDORN TRUSTEE 1.00 X 0 0 0 JANE DE FLORIO TRUSTEE 1.00 X 0 0 0 BETH RUDIN DEWOODY TRUSTEE 1.00 X 0 0 0 DOUGLAS D DURST TRUSTEE 1.00 X 0 0 0 FRED DUST TRUSTEE 1.00 X 0 0 0 RENAUD DUTREIL TRUSTEE 1.00 1.00 X 0 0 0 DAVID B FORD TRUSTEE 1.00 X 0 0 0 MICHAEL E GELLERT TRUSTEE 1.00 X 0 0 0 PAUL A GOULD TRUSTEE 1.00 X 0 0 0 JEFFREY GURAL TRUSTEE 1.00 X 0 0 0 SUSAN U HALPERN TRUSTEE 1.00 X 0 0 0 WILLIAM E HAVEMEYER TRUSTEE 1.00 X 0 0 0 ROBERT F HOERLE TRUSTEE 1.00 X 0 0 0 MICHAEL J JOHNSTON TRUSTEE 1.00 X 0 0 0 SHEILA C JOHNSON TRUSTEE 1.00 X 0 0 0 CHRISTOPHER B KUENNE TRUSTEE 1.00 X 0 0 0 BEVIS LONGSTRETH TRUSTEE 1.00 X 0 0 0 NANCY LUBLIN TRUSTEE 1.00 X 0 0 0 SUSAN M LYNE TRUSTEE 1.00 X 0 0 0 ANTHONY MANNARINO TRUSTEE 1.00 X 0 0 0 SAVANNAH MAZIYA TRUSTEE 1.00 X 0 0 0 ROBERT H MUNDHEIM TRUSTEE 1.00 X 0 0 0 JONATHAN NEWCOMB TRUSTEE 1.00 X 0 0 0 TIMOTHY L PORTER TRUSTEE 1.00 X 0 0 0 LINDA E RAPPAPORT TRUSTEE 1.00 X 0 0 0 JOSHUA SAPAN TRUSTEE 1.00 X 0 0 0 BERNARD L SCHWARTZ TRUSTEE 1.00 X 0 0 0 LILIAN SHIAO-YEN WU TRUSTEE 1.00 X 0 0 0 STANLEY P SILVERSTEIN TRUSTEE 1.00 X 0 0 0 LEE SLAUGHTER TRUSTEE 1.00 X 0 0 0 MALCOLM B SMITH TRUSTEE 1.00 X 0 0 0 JULIEN J STUDLEY TRUSTEE 1.00 X 0 0 0 JOHN L TISHMAN TRUSTEE 1.00 X 0 0 0 KAY UNGER TRUSTEE 1.00 X 0 0 0 RANDALL S YANKER TRUSTEE 1.00 X 0 0 0 WILLIAM D ZABEL TRUSTEE 1.00 X 0 0 0 JUDITH ZARIN TRUSTEE 1.00 X 0 0 0 TIM MARSHALL PROVOST 39.00 1.00 X 491614 0 45980 ANN ADRIANCE VP CEA 40.00 X 67589 0 7644 ANDREW ATZERT VP GLOBAL EDUCATION 36.00 4.00 X 211309 0 45111 FRANK BARLETTA UNTIL 71413 SVP FINANCE 40.00 X 567444 0 22180 PAMELA BESNARD UNTIL 72913 SVP DEVELOPMENT 40.00 X 156466 0 25871 CAROL CANTRELL SVP HR 40.00 X 265032 0 50774 LIA GARTNER VP FACILITIES 40.00 X 244054 0 47060 KERRY KRUNKEL FROM 1013 - 614 SVP DEVELOPMENT 40.00 X 109000 0 1697 ROY MOSKOWITZ VP LEGAL 40.00 X 349209 0 52590 ANAND PADMANABHAD FROM 114 SVP IT 40.00 X 0 0 0 SHELLY REED SVP IT UNTIL 2/14 40.00 X 568738 0 20809 LINDA REIMER SVP STUDENT SERVICES 40.00 X 259229 0 50988 DONALD RESNICK SVP ENROLLMENT 40.00 X 415062 0 39009 MARY SANGER SVP ACADEMIC AFFAIRS 40.00 X 308273 0 51268 OLATOKUMBO SHOBOWALE COO 40.00 X 100505 0 0 STEVE STABILE VP & TREASURER 40.00 X 248842 0 27835 PETER TABACK UNTIL 21114 VICE PRESIDENT 40.00 X 196917 0 32022 STEPHANIE BROWNER DEAN 40.00 X 389980 0 36740 RICHARD KESSLER DEAN 40.00 X 247949 0 52677 WILLIAM MILBERG DEAN 40.00 X 232189 0 40501 PIPPIN PARKER DEAN 40.00 X 176814 0 40072 MICHAEL SCHOBER DEAN 40.00 X 251743 0 47074 DAVID SCOBEY DEAN 40.00 X 319680 0 29462 JOEL TOWERS DEAN 40.00 0.00 X 318959 0 52623 SIMON COLLINS PROFESSOR 40.00 X 211009 0 44002 SHELLY FOX PROFESSOR 40.00 X 215269 0 40478 PAUL GOLDBERGER JOSEPH URBAN PROFESSOR 40.00 X 211263 0 33153 WILLIAM MORRISH PROFESSOR 40.00 X 219060 0 46040 ANN STOLER PROFESSOR 40.00 X 264725 0 43212 STEFANIA DE KENESSEY FORMER DEAN, CURRENT PROFESSOR 40.00 X 128785 0 35517 J ROBERT KERREY PRESIDENT EMERITUS 40.00 X 223359 0 3337 BENJAMIN LEE FORMER VP, CURRENT PROFESSOR 40.00 X 329344 0 47072 JOEL LESTER FORMER DEAN,WAS PROFESSOR UNTIL 6/14 40.00 X 209591 0 46411 LISA SERVON FORMER DEAN, CURRENT PROFESSOR 40.00 X 187862 0 24793 9350328 0 1765252 176 1 1 0 HOGAN LOVELLS US LLP 555 13TH STREET NW WASHINGTON DC 20005 LEGAL SERVICES 1131209 TNS DEVELOPER LLC 1 BRYANT PARK NEW YORK NY 10036 ARCHITECTURAL SERVICE 1058278 SKIDMOREOWINGS & MERRILL LLP 14 WALL STREET NEW YORK NY 10005 ARCHITECTURAL SERVICE 807325 CONSTRUCTION AND REALTY 226 MERRICK ROAD VALLEY STREAM NY 11580 ARCHITECT & DESIGN 589367 ALVAREZ & MARSAL PUBLIC SECTOR 600 MADISON AVENUE NEW YORK NY 10022 LEGAL SERVICES 467307 25 895320 4155356 14609842 271903 19660518 TUITION & FEES 611310 350079945 350079945 AUX ENTERPRISE REV 611310 36904754 36904754 COMMERCIAL CONTRACTS 611310 1786911 1786911 SVC OF EDUCATION DEPT 611310 438539 438539 389210149 5189795 5904 5183891 4089218 0 4089218 4089218 4089218 526432000 61296000 496209659 2320000 30222341 58976000 89198341 89198341 66130 895320 575646 -509516 -509516 INDIRECT COST RECOVERY 611310 765936 765936 JOURNAL/CONFERENCE FEES 611310 115941 115941 COMMISSIONS 611310 96178 96178 978055 507816560 389210149 5904 98939989 94353420 94353420 8551298 2295381 5597316 658601 1958122 1582675 352571 22876 149757241 131306045 16803630 1647566 13184748 11014071 1963999 206678 27030274 17451714 9147676 430884 11133393 9424561 1546150 162682 1160598 67930 1092668 211100 211100 467316 467316 575348 575348 5752364 4649597 1035788 66979 2626426 2596161 26584 3681 9622493 5276316 4241210 104967 3290410 1516756 1773583 71 156237 119834 36403 35390487 28508388 6870649 11450 4721369 4374362 287054 59953 537291 480692 50553 6046 17816220 15634654 2121552 60014 16682492 14673410 1927227 81855 1154571 102569 1052002 CONTRACT FEE: PARSONS P 6113407 6113407 FOOD SERVICES 5683484 5371638 246938 64908 LIBRARY 2333367 2327632 5735 BAD DEBT EXPENSE 1724625 1724625 4654314 3536592 1001519 116203 426642415 362777805 60159196 3705414 10730482 3196110 929698 1543847 20424252 17432290 10841388 24879248 4105171 3501557 18144308 18571045 681661251 129317277 509818579 552343974 271478714 322902742 68337747 61047699 43191221 16245813 958001560 1021664325 69363419 56154127 11036804 11169829 434568365 430478148 3768036 3765138 518736624 501567242 X 239982674 353158508 118968983 85679895 80313279 81258680 439264936 520097083 958001560 1021664325 X 81174145 -280645 -61353 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 467316 467316 0 PART II-B, LINE 1: THE EXPENSES WERE INCURRED FOR THE PURPOSE OF GOVERNMENT RELATIONS ACTIVITIES WITH THE CITY OF NEW YORK, STATE OF NEW YORK, AND FEDERAL GOVERNMENT; LOBBYING ACTIVITIES IN SUPPORT OF HIGHER EDUCATION ISSUES AND LEGISLATION; AND TO ASSIST IN PROCURING APPROPRIATIONS AND GRANTS. X X X EDUCATION 0 213862891 64015821 32426028 2081215 8332614 303463355 204782000 6546142 12236744 3279677 6422318 213862891 216984122 2275660 -4553073 3392370 6532339 204782000 188168547 4087531 34861283 3605236 6528003 216984122 179373610 1144433 18229335 3788026 6790805 188168547 0.47000 0.53000 0 0 52073688 52073688 531391470 97501046 433890424 59304157 23166168 36137989 27589011 8650063 18938948 11302925 11302925 552343974 INVESTMENTS- HEDGE FUNDS 31327719 F INVESTMENTS- PRIVATE EQUITY 13344415 F INVESTMENTS- COMMODITIES 16375565 F 61047699 FEDERAL STUDENT LOAN ADVANCES 3765138 3765138 X 413195576 -280645 12783 -267862 413463438 575348 93777774 94353122 507816560 330793410 -920237 -920237 331713647 575348 94353420 94928768 426642415 PART III, LINE 1A: THE UNIVERSITY'S ART COLLECTION CONSISTS OF WORKS OF ART, INCLUDING PRINTS, PAINTINGS, PHOTOGRAPHS, AND SCULPTURES THAT ARE HELD FOR THE PURPOSES OF PUBLIC EXHIBITION, EDUCATION, AND RESEARCH. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED BY THE UNIVERSITY'S CURATORS UNDER THE SUPERVISION OF THE OFFICE OF THE PROVOST. THE ART COLLECTION, WHICH WAS ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE UNIVERSITY'S INCEPTION, IS NOT RECOGNIZED AS AN ASSET ON THE BALANCE SHEET. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS EXPENSES AND CONTRIBUTED COLLECTION ITEMS ARE NOT REPORTED AS CONTRIBUTIONS. PROCEEDS FROM SALES ARE REFLECTED AS INCREASES IN UNRESTRICTED NET ASSETS. PART III, LINE 4: THE MISSION OF THE NEW SCHOOL ART COLLECTION, IN RECOGNITION OF ITS HISTORIC COMMITMENT TO ART AS A VEHICLE FOR SOCIOPOLITICAL CHANGE, IS TO ADVANCE THE IMPORTANCE OF ART AS AN AGENT FOR PERSONAL AND COLLECTIVE TRANSFORMATION. AS A CURRICULAR RESOURCE FOR ALL AREAS OF STUDY, THE ROLE OF THE COLLECTION IS TO CONSERVE, INTERPRET, AND PRESENT WORKS OF ART TO THE STUDENTS, FACULTY, AND GREATER COMMUNITY. NEW ACQUISITIONS SUPPORT THE VISION OF THE UNIVERSITY AS AN ENVIRONMENT FOR INNOVATIVE THINKING AND ARTISTIC EXPERIMENTATION. HISTORY OF THE COLLECTION: THE UNIVERSITY'S LEGACY OF SUPPORTING THE FREEDOM OF ARTISTIC EXPRESSION BEGAN IN 1931 WITH THE COMMISSIONING OF TWO HISTORICALLY SIGNIFICANT MURAL CYCLES: JOSE CLEMENTE OROZCO'S A CALL FOR REVOLUTION AND UNIVERSAL BROTHERHOOD AND THOMAS HART BENTON'S EPIC AMERICA TODAY. OVER THE YEARS, THE UNIVERSITY HAS HOSTED A ROSTER OF ACCOMPLISHED ARTISTS, WRITERS, DANCERS, DESIGNERS, HISTORIANS, SOCIAL SCIENTISTS, AND PHILOSOPHERS, CREATING A FLOURISHING LABORATORY FOR EXPERIMENTATION AND INNOVATION. AS AN INSTITUTION THAT EMBRACED SUCH DIVERSE FIGURES AS POET ROBERT FROST, ANTHROPOLOGIST MARGARET MEADE, ART HISTORIAN MEYER SCHAPIRO, AND COMPOSER/CONCEPTUAL ARTIST JOHN CAGE, THE NEW SCHOOL HAS ALWAYS STOOD AT THE FOREFRONT OF SELF-DISCOVERY AND VISIONARY SOCIAL, INTELLECTUAL, AND AESTHETIC EXPERIMENTATION. THE NEW SCHOOL ART COLLECTION WAS ESTABLISHED IN 1960 WITH A GRANT FROM THE ALBERT A. LIST FOUNDATION. THE COLLECTION, GROWN TO APPROXIMATELY 1,800 POSTWAR AND CONTEMPORARY WORKS OF ART, INCLUDES EXAMPLES IN ALMOST ALL MEDIA BY SOME OF THE MOST INNOVATIVE AND CREATIVE ARTISTS OF OUR TIME. INSTALLED THROUGHOUT THE UNIVERSITY CAMPUS AND TRANSFORMING THE PUBLIC SPACES INTO LIVELY FORUMS FOR EXAMINING CONTEMPORARY ART, THE COLLECTION OFFERS STUDENTS AND FACULTY A RARE OPPORTUNITY TO ENGAGE WITH ART ON A DAILY BASIS, MAKING IT A DISTINCTIVE COMPONENT OF THEIR EDUCATIONAL EXPERIENCE. THE COLLECTION HAS CONTINUED ITS TRADITION OF INCORPORATING SITE-SPECIFIC WORKS INTO ITS PUBLIC SPACES. PART V, LINE 4: ENDOWMENT FUNDS THE UNIVERSITY'S ENDOWMENT IS COMPOSED OF APPROXIMATELY 289 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, INCLUDING SCHOLARSHIPS, PROFESSORSHIPS, FACULTY DEVELOPMENT, LECTURES, AND RESEARCH PROGRAMS. THE ENDOWMENT CONSISTS OF BOTH DONOR RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS FUNCTIONING AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR IMPOSED RESTRICTIONS. THE UNIVERSITY'S INDIVIDUAL ENDOWMENT FUNDS ARE POOLED FOR INVESTMENT PURPOSES. THE INVESTMENT PORTFOLIO IS MANAGED TO ACHIEVE A PRUDENT LONG TERM RETURN. THE UNIVERSITY RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). THE UNIVERSITY TARGETS A DIVERSIFIED ASSET ALLOCATION THAT PLACES A GREATER EMPHASIS ON EQUITY BASED INVESTMENTS TO ACHIEVE ITS LONG TERM RETURN OBJECTIVES WITHIN PRUDENT RISK CONSTRAINTS. THE ENDOWMENT ASSETS ARE INVESTED TO PROVIDE A REAL TOTAL RETURN THAT PRESERVES THE PURCHASING POWER OF THE ENDOWMENT, WHILE GENERATING AN INCOME STREAM TO SUPPORT THE ACADEMIC ACTIVITIES OF THE UNIVERSITY. ACTUAL RETURNS MAY VARY FROM THIS GOAL IN ANY GIVEN YEAR. THE UNIVERSITY'S ENDOWMENT SPENDING POLICY IS DESIGNED TO PROVIDE A SUSTAINABLE AND PREDICTABLE FLOW OF FUNDS TO SUPPORT ANNUAL OPERATIONS. THE SPENDING POLICY IS INTENDED TO BALANCE CURRENT SPENDING NEEDS AND TO PRESERVE THE ENDOWMENT'S FUTURE PURCHASING POWER. THE UNIVERSITY APPLIES A BOARD SPECIFIED SPENDING RATE TO A MOVING AVERAGE OF ENDOWMENT INVESTMENT FUNDS. THE PURPOSE OF USING A MOVING AVERAGE IS TO SMOOTH OUT ANY WIDE FLUCTUATIONS IN THE MARKET VALUE. ENDOWMENT EARNINGS IN EXCESS OF THE SPENDING RATE ARE ADDED BACK TO THE PRINCIPAL OF THE ENDOWMENT INVESTMENTS. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAX HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE UNIVERSITY IS ALSO EXEMPT FROM NEW YORK INCOME TAXES UNDER THE RELATED STATE PROVISION. MANAGEMENT BELIEVES THAT THE UNIVERSITY WILL CONTINUE TO BE EXEMPT FROM TAXES AND THAT THE UNIVERSITY HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS. DONATIONS TO THE UNIVERSITY QUALIFY FOR DEDUCTION AS CHARITABLE CONTRIBUTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST -54,944. CHANGE IN POSTRETIREMENT BENEFITS -331,408. NON-OPERATING FEDERAL GRANT REVENUE 325,000. REVENUE ATTRIBUTED TO A CONSOLIDATED ENTITY 74,137. ROUNDING ADJUSTMENT -2. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSES 94,353,420. SPECIAL EVENT EXPENSES -575,646. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 575,646. ADJUSTMENT RELATED TO PARSONS PARIS -1,495,883. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSES 94,353,420. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 A GENERAL STATEMENT OF NON-DISCRIMINATION IS INCLUDED IN ALL ADVERTISEMENTS, IN NEWSPAPERS OF GENERAL CIRCULATION, AND OTHER PRINTED MEDIA RELATING TO THE RECRUITMENT OF STUDENTS AND EMPLOYEES. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVES FINANCIAL AID FROM THE GOVERNMENT TO SUPPORT STUDENT FINANCIAL ASSISTANCE. THE TYPES OF GOVERNMENT ASSISTANCE INCLUDES THE FOLLOWING: FEDERAL PELL GRANT FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT (SEOG) FEDERAL ACADEMIC COMPETITIVENESS GRANT (ACG) FEDERAL NATIONAL SMART GRANT (NSMART) FEDERAL DIRECT LOAN PROGRAM FEDERAL WORK STUDY PROGRAM THE UNIVERSITY RECEIVES GOVERNMENT FUNDING TO SUPPORT ITS ORGANIZED RESEARCH PROGRAMS. THESE GOVERNMENTAL GRANTS HELP TO FURTHER THE UNIVERSITY'S MISSION BY SUPPORTING ORGANIZED RESEARCH EFFORTS IN THE AREAS OF EDUCATION, TRAINING AND PUBLIC SERVICES. THE PUBLIC AGENCIES SUPPORTING THE UNIVERSITY'S RESEARCH ACTIVITIES ARE: NATIONAL SCIENCE FOUNDATION DEPT. OF HEALTH & HUMAN SERVICES U.S. DEPT. OF ENERGY U.S. DEPT. OF EDUCATION U.S. DEPT. OF HOUSING AND URBAN DEVELOPMENT U.S. DEPT. OF ENVIRONMENTAL PROTECTION U.S. DEPT. OF DEFENCE THE NATIONAL ENDOWMENT FOR ARTS THE NATIONAL ENDOWMENT FOR HUMANITIES EUROPE INVESTMENTS 16848000 CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 52053000 SOUTH AMERICA 4 PROGRAM SERVICES RECRUITING, RESEARCH 106119 EAST ASIA AND THE PACIFIC 15 PROGRAM SERVICES RECRUITING, RESEARCH 93009 NORTH AMERICA 21 PROGRAM SERVICES RECRUITING, RESEARCH 693484 SUB-SAHARAN AFRICA 7 PROGRAM SERVICES RECRUITING, RESEARCH 45757 EUROPE 0 76 PROGRAM SERVICES EDUCATION, RECRUITING, RESEARCH 7068520 SOUTH ASIA 4 PROGRAM SERVICEPROGRAM SERVICES RECRUITING, RESEARCH 1565 MIDDLE EAST 4 PROGRAM SERVICES RECRUITING, RESEARCH 10726 0 127 0 4 0 131 76909454 10726 76920180 0 0 1 1 1 0 PART I, LINE 3, COLUMN (F): ACCOUNTING METHOD THE ORGANIZATION USES THE ACCRUAL METHOD OF ACCOUNTING. PARSON'S FASHION SHOW 954550 890150 64400 408740 138428 28478 PARIS FASHION 30 6900 5170 1730 961450 895320 66130 408740 138428 28478 575646 -509516 1 THE NEW SCHOOL INSTITUTIONAL SCHOLARSHIP PROGRAM 8357 86136863 FEDERAL STUDENT AID GRANTS 1720 8216557 PART I, LINE 2: PROCEDURES FOR MONITORING USE OF GRANT FUNDS IN U.S.: GRANTS AND OTHER ASSISTANCE AWARDED TO INDIVIDUALS IN THE U.S. REPRESENT STUDENT FINANCIAL AID. STUDENT FINANCIAL AID AWARDS ARE DETERMINED BY THE UNIVERSITY'S ASSESSMENT OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER SIMILAR STANDARDS. STUDENT FINANCIAL SERVICES CONTINUOUSLY MONITORS STUDENT ELIGIBILITY FOR THESE AWARDS. STUDENT FINANCIAL SERVICES IS RESPONSIBLE FOR REGULATORY COMPLIANCE. STUDENT FINANCIAL SERVICES ENSURES EQUITY BY APPLYING ALL NEED ANALYSIS FORMULAS CONSISTENTLY ACROSS THE INSTITUTION'S POPULATION OF STUDENT FINANCIAL AID APPLICANTS AND PROVIDES SERVICES THAT DO NOT DISCRIMINATE ON THE BASIS OF RACE, GENDER ETHNICITY, SEXUAL ORIENTATION, RELIGION, DISABILITY, AGE, OR ECONOMIC STATUS. THE UNIVERSITY RECEIVES VARIOUS FORMS OF FINANCIAL AID FROM THE GOVERNMENT TO SUPPORT FINANCIAL ASSISTANCE PROVIDED TO THE STUDENTS. THE TYPES OF GOVERNMENT ASSISTANCE THE UNIVERSITY RECEIVES INCLUDE THE FOLLOWING: FEDERAL PELL GRANT FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT (SEOG) FEDERAL ACADEMIC COMPETITIVENESS GRANT (ACG) FEDERAL NATIONAL SMART GRANTS (NSMART) FEDERAL DIRECT LOAN PROGRAM FEDERAL WORK STUDY PROGRAM. THE UNIVERSITY RECEIVES GOVERNMENT FUNDING TO SUPPORT ITS ORGANIZED RESEARCH PROGRAMS. THESE GOVERNMENTAL GRANTS HELP TO FURTHER THE UNIVERSITY'S MISSION BY SUPPORTING ORGANIZED RESEARCH EFFORTS IN THE AREAS OF EDUCATION, TRAINING, AND PUBLIC SERVICES. THE PUBLIC AGENCIES THAT SUPPORT THE UNIVERSITY'S RESEARCH ACTIVITIES ARE: NATIONAL SCIENCE FOUNDATION DEPARTMENT OF HEALTH AND HUMAN SERVICES UNITED STATES DEPARTMENT OF ENERGY UNITED STATES DEPARTMENT OF EDUCATION UNITED STATES DEPARTMENT OF HOUSING & URBAN PROTECTION UNITED STATES DEPARTMENT OF ENVIRONMENTAL PROTECTION UNITED STATES DEPARTMENT OF DEFENSE THE NATIONAL ENDOWMENT FOR THE ARTS THE NATIONAL ENDOWMENT FOR THE HUMANITIES FORM 990, SCHEDULE I, PART I, LINE 2: MONITORING GRANTS X X X 1 1 X X X X X X 1 1 0 0 0 0 0 1 0 DAVID VAN ZANDT PRESIDENT 615000 0 0 0 38464 0 161750 0 419500 0 1234714 0 0 0 TIM MARSHALL PROVOST 375614 0 0 0 116000 0 37791 0 8189 0 537594 0 0 0 ANDREW ATZERT VP GLOBAL EDUCATION 210536 0 0 0 773 0 22000 0 23111 0 256420 0 0 0 FRANK BARLETTA UNTIL 71413 SVP FINANCE 139391 0 0 0 428053 0 20746 0 1434 0 589624 0 22189 0 PAMELA BESNARD UNTIL 72913 SVP DEVELOPMENT 132128 0 0 0 24338 0 14090 0 11781 0 182337 0 0 0 CAROL CANTRELL SVP HR 260721 0 0 0 4311 0 26820 0 23954 0 315806 0 0 0 LIA GARTNER VP FACILITIES 241082 0 0 0 2972 0 24988 0 22072 0 291114 0 0 0 ROY MOSKOWITZ VP LEGAL 254054 0 45000 0 50155 0 26518 0 26072 0 401799 0 0 0 SHELLY REED SVP IT UNTIL 2/14 146875 0 0 0 421863 0 19365 0 1444 0 589547 0 0 0 LINDA REIMER SVP STUDENT SERVICES 256457 0 0 0 2772 0 26611 0 24377 0 310217 0 0 0 DONALD RESNICK SVP ENROLLMENT 274714 0 0 0 140348 0 28000 0 11009 0 454071 0 0 0 MARY SANGER SVP ACADEMIC AFFAIRS 299486 0 0 0 8787 0 26261 0 25007 0 359541 0 0 0 STEVE STABILE VP & TREASURER 247165 0 0 0 1677 0 25000 0 2835 0 276677 0 0 0 PETER TABACK UNTIL 21114 VICE PRESIDENT 196458 0 0 0 459 0 20300 0 11722 0 228939 0 0 0 STEPHANIE BROWNER DEAN 291937 0 0 0 98043 0 29346 0 7394 0 426720 0 0 0 RICHARD KESSLER DEAN 237052 0 0 0 10897 0 25000 0 27677 0 300626 0 0 0 WILLIAM MILBERG DEAN 169333 0 0 0 62856 0 17734 0 22767 0 272690 0 0 0 PIPPIN PARKER DEAN 171207 0 0 0 5607 0 18000 0 22072 0 216886 0 0 0 MICHAEL SCHOBER DEAN 241207 0 0 0 10536 0 25000 0 22074 0 298817 0 0 0 DAVID SCOBEY DEAN 282740 0 0 0 36940 0 28382 0 1080 0 349142 0 0 0 JOEL TOWERS DEAN 290760 0 0 0 28199 0 29426 0 23197 0 371582 0 0 0 SIMON COLLINS PROFESSOR 210507 0 0 0 502 0 21930 0 22072 0 255011 0 0 0 SHELLY FOX PROFESSOR 178862 0 0 0 36407 0 18601 0 21877 0 255747 0 0 0 PAUL GOLDBERGER JOSEPH URBAN PROFESSOR 209093 0 0 0 2170 0 21551 0 11602 0 244416 0 0 0 WILLIAM MORRISH PROFESSOR 191639 0 0 0 27421 0 20400 0 25640 0 265100 0 0 0 ANN STOLER PROFESSOR 202602 0 0 0 62123 0 21140 0 22072 0 307937 0 0 0 STEFANIA DE KENESSEY FORMER DEAN, CURRENT PROFESSOR 118802 0 0 0 9983 0 12750 0 22767 0 164302 0 0 0 J ROBERT KERREY PRESIDENT EMERITUS 32254 0 0 0 191105 0 3231 0 106 0 226696 0 0 0 BENJAMIN LEE FORMER VP, CURRENT PROFESSOR 241207 0 0 0 88137 0 25000 0 22072 0 376416 0 0 0 JOEL LESTER FORMER DEAN,WAS PROFESSOR UNTIL 6/14 207096 0 0 0 2495 0 21839 0 24572 0 256002 0 0 0 LISA SERVON FORMER DEAN, CURRENT PROFESSOR 187430 0 0 0 432 0 19293 0 5500 0 212655 0 0 0 PART I, LINE 1A CAMPUS HOUSING WAS PROVIDED TO DAVID VAN ZANDT AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE UNIVERSITY, E.G. IN HOSTING FACULTY, STAFF, TRUSTEE AND FUND RAISING EVENTS. MR. VAN ZANDT'S COMPENSATION INCLUDES $417,000 FOR HOUSING AND PERSONAL SERVICES (SUCH AS UTILITIES AND PROPERTY UPKEEP). THIS AMOUNT WAS TREATED AS NON-TAXABLE BENEFITS AND INCLUDED IN SCHEDULE J, PART II COLUMN D. PER CONTRACTUAL AGREEMENT, THE FOLLOWING INDIVIDUALS RECEIVED A TAXABLE HOUSING ALLOWANCE AS REPORTED ON PART II, COLUMN (B)(III): BEN LEE $ 85,000 TIMOTHY MARSHALL $116,000 WILLIAM MOORISH $ 25,000 DAVID SCOBEY $ 35,000 J. ROBERT KERREY $ 9,231 JOEL TOWERS $ 27,500 STEPHANIE BROWNER $ 50,000 DONALD RESNICK $ 34,911 SHELLEY FOX $ 36,000 ANN STOLER $ 60,000 FIRST CLASS TRAVEL IS SOMETIMES AUTHORIZED BY THE PRESIDENT WHERE CIRCUMSTANCES (I.E. DESTINATION) MAKE THIS ACCOMMODATION APPROPRIATE. TRAVEL EXPENSES FOR THE PRESIDENT ARE REVIEWED BY THE BOARD OF TRUSTEES. THE PRESIDENT REVIEWS DEANS AND OFFICERS TRAVEL EXPENSES. PART I, LINES 4A-B LINE 4A: THE FOLLOWING EMPLOYEES LISTED ON THE FORM 990, PART VII-A AND SCH J, PART II RECEIVED SEVERANCE PAYMENTS: SHELLEY REED - $371,369 J. ROBERT KERREY - $181,270 FRANK BARLETTA - $351,467 THESE AMOUNTS ARE TAXABLE AND ARE INCLUDED IN 2013 FORM W-2, BOX 5. LINE 4B: FRANK BARLETTA RECEIVED A PAYOUT FROM 457(F) SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN - $21,189. THIS AMOUNT IS TAXABLE, INCLUDED IN HIS 2013 FORM W-2, BOX 5 AND IS REPORTED ON SCHEDULE J, PART III, COLUMN B (III). THIS AMOUNT WAS REPORTED AS DEFERRED IN PRIOR FORM 990. THE FOLLOWING EMPLOYEES LISTED ON THE FORM 990, PART VII-A AND SCH J, PART II PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN 457 (F) AND RECEIVED DEFERRED COMPENSATIONS/CONTRIBUTIONS TO THE SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN: MARY SANGER $ 761 DAVID VAN ZANT $136,250 DAVID SCOBEY $ 2,882 CAROL CANTRELL $ 1,320 LINDA REIMER $ 1,111 STEPHANIE BROWNER $ 3,846 DONALD RESNICK $ 2,500 JOEL TOWERS $ 3,926 TIM MARSHALL $ 12,291 ROY MOSKOWITZ $ 1,018 PART I, LINE 7 THE FOLLOWING EMPLOYEE LISTED ON PART VII-A RECEIVED NON-FIXED PAYMENTS - BONUS: ROY MOSKOWITZ - $45,000: RECEIVED A ONE-TIME BONUS PAYMENT AFTER COMPLETION OF LEGAL PROJECT WORK. ADDITIONAL INFORMATION: THE FOLLOWING EMPLOYEES ARE REPORTED ON PART VII-A AS FORMER OFFICERS AND KEY EMPLOYEES. LISA SERVON POSITION AS DEAN ENDED SEPTEMBER, 2010 - CURRENTLY PROFESSOR J. ROBERT KERREY FORMER PRESIDENT, SUBSEQUENTLY PRESIDENT EMERITUS AS OF JANUARY, 2011, PAYMENTS INCLUDE SEVERANCE SHELLY REED TERMINATION 6/30/13, PAYMENTS INCLUDE SEVERANCE AND VACATION PAYOUT BENJAMIN LEE FORMER VICE PRESIDENT, SUBSEQUENTLY PROFESSOR AS OF APRIL, 2011 JOEL LESTER POSITION AS DEAN ENDED JUNE 30, 2011, CURRENTLY PROFESSOR STEFANIA DE KENESSEY POSITION AS DEAN ENDED AUGUST, 2011, CURRENTLY PROFESSOR THE FOLLOWING CHANGES OCCURRED DURING THIS REPORTING PERIOD: KERRY KRUNKEL HIRED 10/21/13 OLATOKUMBO SHOBOWALE HIRED 11/4/13 ANAND PADMANABHAD HIRED 1/13/14 FRANK BARLETTA TERMINATION 7/14/13, PAYMENTS INCLUDE SEVERANCE AND VACATION PAYOUT PETER TABACK TERMINATION 2/11/14 ANN ADRIANCE HIRED 10/10/13 PAMELA BESNARD TERMINATION 7/29/13, PAYMENTS INCLUDE VACATION PAYOUT A DORMITORY AUTHORITY OF THE STATE OF NEW YORK 146000293 64983QFY0 2005-06-16 22710746 REFUNDS SERIES 1994A 09/13/94 0 0 0 B DORMITORY AUTHORITY OF THE STATE OF NEW YORK 146000293 64983Q6U8 2006-11-21 72763601 ACQUISITION OF 300 WEST 20TH STREET 0 0 0 C DORMITORY AUTHORITY OF THE STATE OF NEW YORK 146000293 6499055W2 2010-12-08 295923149 UNIVERSITY CENTER CONSTRUCTION 0 0 0 D DORMITORY AUTHORITY OF THE STATE OF NEW YORK 146000293 649906LJI 2011-10-20 37140274 CURR REF ISS 10/16/1 & 3/15/99 0 0 0 A 9400000 22710746 600644 273000 21837102 2005 1 1 1 1 B 5015000 72763600 772865 1134000 70856735 2009 0 0 1 1 C 298140632 42299370 5628715 1240074 248972473 2014 0 0 0 1 D 1885000 37140274 664824 36475450 2011 1 0 1 1 B 0 1 1 1 1 1 0.00000 0.00000 0 0 1 C 0 1 1 1 0 0.00000 0.00000 0 0 1 A 0 0 1 0 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 D 0 0 1 0 0 0 0 0 1 A 1 B 1 C 1 D 1 SCHEDULE K SUPPLENTAL INFORMATION PART II: LINE 4 - BOND C - THE DIFFERENCE BETWEEN THE TOTAL PROCEEDS AND THE ISSUE PRICE IS THE INVESTMENT EARNINGS FOR THE ISSUE. LINE 11 - BOND A - THE OTHER SPENT PROCEEDS ARE THE CURRENT REFUNDING PROCEEDS OF THE ISSUE. LINE 11 - BOND D - THE OTHER SPENT PROCEEDS ARE THE REFUNDING PROCEEDS OF THE ISSUE (36,179,900) AND THE NYS ISSUANCE FEE (295,550) PART IV LINE 2C: BOND B ISSUED 11/21/2006,THE ARBITRAGE CALCULATION WAS PERFORMED 6/30/2011 TISHMAN CONSTRUCTION - JOHN L TISHMAN ENTITY OWNED BY FAMILY MEMBER OF JOHN TISHMAN, A TRUSTEE OF THE UNIVERSITY 725329 CONSTRUCTION MANAGEMENT 0 DURST CORPORATION (TNS DEVELOPER LLC) - DOUGLAS D DURST ENTITY OWNED BY DOUGLAS D. DURST, A TRUSTEE OF THE UNIVERSITY 1232736 BUILDING REPRESENTATION/DEVELOPER 0 FORM 990, SCHEDULE L, PART IV: RELATED PARTY TRANSACTIONS MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES AND SENIOR MANAGEMENT MAY, FROM TIME TO TIME, BE ASSOCIATED, EITHER DIRECTLY OR INDIRECTLY, WITH COMPANIES DOING BUSINESS WITH THE UNIVERSITY. THE UNIVERSITY'S CONFLICT OF INTEREST POLICY REQUIRES, AMONG OTHER THINGS, THAT NO MEMBER OF THE BOARD OF TRUSTEES OR ITS COMMITTEES CAN PARTICIPATE IN ANY DECISION IN WHICH HE OR SHE (OR AN IMMEDIATE FAMILY MEMBER) HAS A MATERIAL FINANCIAL INTEREST. FOR MEMBERS OF THE BOARD OF TRUSTEES AND SENIOR MANAGEMENT, THE UNIVERSITY REQUIRES AN ANNUAL DISCLOSURE OF SIGNIFICANT FINANCIAL INTERESTS IN, OR EMPLOYMENT OR CONSULTING RELATIONSHIPS WITH, ENTITIES DOING BUSINESS WITH THE UNIVERSITY. WHEN SUCH RELATIONSHIPS EXIST, MEASURES ARE TAKEN TO ADDRESS THE ACTUAL OR PERCEIVED CONFLICT TO PROTECT THE BEST INTERESTS OF THE UNIVERSITY AND ENSURE COMPLIANCE WITH RELEVANT CONFLICT OF INTEREST LAWS.DURING FISCAL 2010, THE BOARD OF TRUSTEES APPROVED THE ENGAGEMENT OF TWO SERVICE FIRMS, ASSOCIATED WITH TRUSTEES, IN CONNECTION WITH THE CONSTRUCTION OF A NEW UNIVERSITY CENTER. CONSISTENT WITH THE POLICY DISCUSSED ABOVE, THE DECISION TO ENGAGE EACH OF THE FIRMS WAS BASED ON A REVIEW AND DISCUSSION WITHOUT PARTICIPATION OF THE INTERESTED TRUSTEES, WITH THE ASSISTANCE OR REAL ESTATE CONSULTANTS AND OUTSIDE COUNSEL, AND A DETERMINATION THAT SUCH ENGAGEMENT WAS IN THE BEST INTEREST AND PROVIDED SUBSTANTIAL BENEFIT TO THE UNIVERSITY. TOTAL AMOUNTS PAID TO THE TWO FIRMS DURING FISCAL YEARS 2014 AND 2013 WERE $1.96 AND 1.3 MILLION RESPECTIVELY. X 15 271903 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS OF NON-CASH CONTRIBUTIONS FOR EACH PROPERTY TYPE. FORM 990, PART III, LINE 1: THE NEW SCHOOL WAS BORN OUT OF A COMMITMENT TO ACADEMIC FREEDOM, TOLERANCE, AND EXPERIMENTATION. OUR FUTURE WILL BE SHAPED BY THE QUALITIES THAT HAVE DEFINED OUR PAST: * CREATIVITY, INNOVATION, AND CHALLENGING THE STATUS QUO, BOTH IN TERMS OF WHAT AND HOW WE TEACH, AND IN THE INTELLECTUAL AMBITIONS OF THE SCHOOL ITSELF; * SOCIAL ENGAGEMENT, ORIENTING STUDENTS' ACADEMIC EXPERIENCE TO HELP THEM BECOME CRITICALLY ENGAGED CITIZENS DEVOTED TO SOLVING PROBLEMS AND CONTRIBUTING TO THE PUBLIC GOOD. NOW AS THEN, THE NEW SCHOOL MUST EMBRACE THESE PRINCIPLES AND INNOVATE TO ADDRESS SHIFTS IN THE GLOBAL ECONOMY, SOCIETY, AND ENVIRONMENT. THESE SHIFTS REQUIRE THAT INDIVIDUALS GRAPPLE WITH COMPLEX PROBLEMS, LEAD MORE FLUID AND FLEXIBLE CAREERS, AND COLLABORATIVELY CREATE CHANGE. MISSION STATEMENT WE WILL PREPARE OUR STUDENTS TO UNDERSTAND, CONTRIBUTE TO, AND SUCCEED IN A RAPIDLY CHANGING SOCIETY, AND THUS MAKE THE WORLD A BETTER AND MORE JUST PLACE. WE WILL ENSURE THAT OUR STUDENTS HAVE NOT ONLY THE ABILITIES THAT A SOUND LIBERAL ARTS EDUCATION PROVIDES, BUT ALSO THE CREATIVE COMPETENCIES ESSENTIAL FOR SUCCESS AND LEADERSHIP IN THE EMERGING CREATIVE SOCIETY AND ECONOMY. WE WILL ALSO LEAD IN GENERATING PRACTICAL AND THEORETICAL KNOWLEDGE THAT SEEKS TO UNDERSTAND OUR WORLD AND IMPROVE BOTH GLOBAL AND LOCAL SOCIETY AND THE PEOPLE WHO LIVE WITHIN. VISION WE ARE AND WILL BE A UNIVERSITY WHERE DESIGN AND SOCIAL RESEARCH DRIVE APPROACHES TO STUDYING THE ISSUES OF OUR TIME, SUCH AS DEMOCRACY, URBANIZATION, TECHNOLOGY, ECONOMIC EMPOWERMENT, SUSTAINABILITY, MIGRATION, AND GLOBALIZATION. WE WILL BE THE INTELLECTUAL AND CREATIVE CENTER FOR EFFECTIVE ENGAGEMENT IN A WORLD THAT INCREASINGLY DEMANDS BETTER-DESIGNED OBJECTS, COMMUNICATION, SYSTEMS, AND ORGANIZATIONS TO MEET SOCIAL AND HUMAN NEEDS. OUR VISION CORRESPONDS WITH SHIFTS IN THE GLOBAL ECONOMY, SOCIETY, AND ENVIRONMENT, WHICH ANIMATE OUR MISSION. EDUCATIONAL APPROACH WE WILL FULFILL OUR MISSION BY EXTENDING THE NEW SCHOOL'S LEGACY AS A NON-TRADITIONAL ACADEMIC COMMUNITY, NIMBLE AND RESPONSIVE TO CHANGE, THAT WILL: * FOCUS ON AND ENGAGE CONTEMPORARY CRITICAL ISSUES. * PRIORITIZE THE IMPORTANCE OF HUMANITY AND CULTURE IN DESIGNING BETTER SYSTEMS AND ENVIRONMENTS TO IMPROVE THE HUMAN CONDITION, AN APPROACH THAT DRAWS FROM DESIGN THINKING AND THE LIBERAL, CREATIVE, AND PERFORMING ARTS. * PLACE PROJECT-BASED LEARNING AT THE CENTER OF THE LEARNING EXPERIENCE. * TAKE FULL ADVANTAGE OF OUR NEW YORK CITY LOCUS AND CONNECTIVITY TO GLOBAL URBAN CENTERS. FORM 990, PART III, LINE 2 DURING 2014, THE NEW SCHOOL FORMED AN ENTITY, TNS PARSONS PARIS, FOR ITS CAMPUS IN PARIS, FRANCE. FORM 990, PART VI, SECTION B, LINE 11 990 REVIEW PROCESS: THE AUDIT AND RISK COMMITTEE OF THE BOARD OF TRUSTEES HAS BEEN DELEGATED RESPONSIBILITY FOR REVIEWING THE ANNUAL 990 FORM. FOLLOWING THE AUDIT AND RISK COMMITTEE REVIEW, THE 990 IS DISTRIBUTED ELECTRONICALLY TO THE FULL BOARD OF TRUSTEES PRIOR TO ITS SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST PROCESS: THE NEW SCHOOL'S POLICY ON CONFLICTS OF INTEREST APPLIES TO ALL BOARD OF TRUSTEE MEMBERS, THE SENIOR MANAGEMENT AS WELL AS CERTAIN DESIGNATED STAFF AND FACULTY. THE POLICY RECOGNIZES THAT MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES AND SENIOR MANAGEMENT MAY, FROM TIME TO TIME, BE ASSOCIATED, EITHER DIRECTLY OR INDIRECTLY, WITH COMPANIES DOING BUSINESS WITH THE UNIVERSITY. THE POLICY PROHIBITS MEMBERS OF THE BOARD OF TRUSTEES OR ITS COMMITTEES AND SENIOR MANAGERS OF THE UNIVERSITY FROM PARTICIPATING IN ANY DECISIONS IN WHICH HE OR SHE (OR AN IMMEDIATE FAMILY MEMBER) HAS A MATERIAL FINANCIAL INTEREST. FOR MEMBERS OF THE BOARD OF TRUSTEES AND SENIOR MANAGEMENT, THE UNIVERSITY REQUIRES AN ANNUAL DISCLOSURE OF SIGNIFICANT FINANCIAL INTEREST IN, OR EMPLOYMENT OF CONSULTING RELATIONSHIPS WITH, ENTITIES DOING BUSINESS WITH THE UNIVERSITY. WHEN SUCH RELATIONSHIPS EXIST, MEASURES ARE TAKEN TO ADDRESS THE ACTUAL OR PERCEIVED CONFLICT TO PROTECT THE BEST INTEREST OF THE UNIVERSITY AND ENSURE COMPLIANCE WITH RELEVANT CONFLICT OF INTEREST LAWS. THE POLICY ALSO REQUIRES DESIGNATED ADMINISTRATIVE AND ACADEMIC STAFF AND FACULTY TO REVIEW THE POLICY EVERY YEAR AND PROVIDE TO THE OFFICE OF HUMAN RESOURCES A WRITTEN CERTIFICATION THAT HE/SHE IS IN COMPLIANCE WITH THE POLICY AND WHICH DISCLOSES ANY RELATIONSHIPS THAT MAY REPRESENT A CONFLICT OF INTEREST AS DEFINED BY THE LETTER OR SPIRIT OF THE UNIVERSITY POLICY ON CONFLICTS OF INTEREST. IN ADDITION, THE ANNUAL CERTIFICATION REQUIRES DISCLOSURE OF ANY ACTIVITIES, INCLUDING OUTSIDE EMPLOYMENT AND PROFESSIONAL RELATIONSHIPS AND/OR TRANSACTIONS WHICH MIGHT APPEAR OR ACTUALLY INVOLVE A CONFLICT OF INTEREST WITH ONE'S FIDUCIARY, EMPLOYMENT OR OTHER RELATIONSHIP TO THE UNIVERSITY. DISCUSSIONS AND DECISIONS REGARDING CONFLICT OF INTEREST ISSUES ARE RECORDED IN MINUTES TAKEN AT EACH BOARD MEETING AND DISTRIBUTED PRIOR TO THE FOLLOWING MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE (COMMITTEE OF THE BOARD), IS COMPRISED OF MEMBERS OF THE EXECUTIVE COMMITTEE SELECTED BY THE CHAIRMAN OF THE BOARD AND REVIEWS AND APPROVES SALARIES AND CONTRACTS FOR ALL DEANS, CHIEFS AND OTHER OFFICERS PRIOR TO HIRE AND FOR RENEWALS AND PROMOTIONS. THE FOREGOING SHALL INCLUDE ADDITIONAL COMPENSATION AND BENEFITS FOR THESE DEANS, CHIEFS AND OFFICERS ANNUALLY, SUCH AS HOUSING ALLOWANCES, BONUSES, SEVERANCE PACKAGES, OR ANY PROPOSED NEW BENEFITS. THE COMMITTEE IS CHARGED WITH ASSURING COMPLIANCE WITH INTERMEDIATE SANCTION PROCEDURES AND REQUIREMENTS TO THE EXTENT APPLICABLE TO ANY COMPENSATION. THE COMMITTEE ALSO RECOMMENDS THE COMPENSATION (INCLUDING SALARY, BENEFITS, AND OTHER REMUNERATION) OF THE PRESIDENT OF THE UNIVERSITY TO THE EXECUTIVE COMMITTEE FOR REVIEW AND APPROVAL. FURTHER, THE COMMITTEE IS CHARGED WITH DEVELOPING SALARY AND BENEFITS FOR INCOMING PRESIDENTS AND RENEWAL OF CONTRACTS FOR INCUMBENT PRESIDENTS FOR SUBMISSION TO THE EXECUTIVE COMMITTEE FOR APPROVAL. ADDITIONAL DUTIES OF THE COMPENSATION COMMITTEE INCLUDE REVIEWING COMPENSATION FOR COMPARABLE POSITIONS BENCHMARKED AGAINST PEER GROUPS, THE HIRING OF AN EXECUTIVE COMPENSATION CONSULTANT ON AN AS-NEEDED BASIS,A CURRENT EXTERNAL REVIEW IS IN PROGRESS AND IS SCHEDULED TO BE COMPLETED BY FY 2015. THE COMMITTEE ALSO REVIEWS INTERNAL CANDIDATES APPROPRIATE TO SERVE AS INTERIM DEANS IF NEEDED, AND ANNUALLY REVIEWS THE LIST OF UNIVERSITY EMPLOYEES WHOSE SALARIES CATEGORIZE THEM AS ABOVE THE HIGHLY COMPENSATED INDIVIDUALS UNDER IRS PENSION PROVISIONS. ADDITIONAL AUTHORITY AND DUTIES ARE CONFERRED UPON THE COMPENSATION COMMITTEE IN ACCORDANCE WITH THE NEEDS AND INITIATIVES OF THE BOARD. THE COMPENSATION COMMITTEE ANNUALLY REVIEWS THE LIST OF UNIVERSITY EMPLOYEES WHOSE SALARIES CATEGORIZE THEM AS ABOVE THE HIGHLY COMPENSATED INDIVIDUALS UNDER IRS PENSION PROVISIONS. DISCUSSIONS AND DECISIONS REGARDING COMPENSATION ISSUES ARE RECORDED IN MINUTES TAKEN AT EACH BOARD MEETING AND DISTRIBUTED PRIOR TO THE FOLLOWING MEETING. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC INSPECTION: THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ALSO, THE FEDERAL FORM 990, WHICH INCLUDES FINANCIAL AND OTHER DISCLOSURES, IS AVAILABLE ON GUIDESTAR. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST -54,944. CHANGE IN POSTRETIREMENT BENEFITS -331,408. NON-OPERATING FEDERAL GRANT REVENUE 325,000. ROUNDING ADJUSTMENT -1. FREUNDE UND FORDERER VON THE NEW SCHOOL C/O HH LLP 1 POTSDAMER PLATZ 1 BERLIN GERMANY GM FACILITATE CONTRIBUTIONS GM THE NEW SCHOOL 1 TNS PARSONS PARIS 23 RUE DU ROULE PARIS FRANCE FR 75001 EDUCATION AND RESEARCH FR THE NEW SCHOOL 1 ANATOL SHULKIN MEMORIAL SCHOLARSHIP C/O THE NEW SCHOOL 79 FIFTH AVENUE NEW YORK NY 10003 133010477 AWARDS SCHOLARSHIPS FOR ART & DESIGN NY 501(C)(3) PF THE NEW SCHOOL 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 PARSONS PARIS M 6113407 COST