NATIONAL BUREAU OF ECONOMIC RESEARCH INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- NATIONAL BUREAU OF ECONOMIC RESEARCH INC (EIN 13-1641075)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-02-12
- IRS object ID
- 201430439349300343
- Schema version
- 2012v2.1
- 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 D
- Schedule F
- Schedule I
- Schedule J
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-02-12T12:52:50-06:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042571780 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALEXANDER ARONSON FINNING & CO PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 EAST MAIN STREET | AddressLine1 |
| City | WESTBORO | City |
| State | MA | State |
| ZIP Code | 01581 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131641075 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL BUREAU OF ECONOMIC RESEARCH INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NATI | NameControl |
| Phone | 6178683900 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1050 MASSACHUSETTS AVE | AddressLine1 |
| City | CAMBRIDGE | City |
| State | MA | State |
| ZIP Code | 02138 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES POTERBA | Name |
| Title | PRESIDENT AND CEO | Title |
| Phone | 6178683900 | Phone |
| Date Signed | 2014-02-11 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBIN KELLEY CPA | Name |
| PTIN | P00540259 | PTIN |
| Phone | 5083669100 | Phone |
| Date Prepared | 2014-02-06 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JAMES POTERBA | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1050 MASS AVE | AddressLine1 |
| City | CAMBRIDGE | City |
| State | MA | State |
| ZIP Code | 02138 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 49683352 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.NBER.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1920 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | THE NATIONAL BUREAU OF ECONOMIC RESEARCH IS A PRIVATE, NONPROFIT, NONPARTISAN RESEARCH ORGANIZATION DEDICATED TO PROMOTING A GREATER UNDERSTANDING OF HOW THE ECONOMY WORKS. IT IS COMMITTED TO UNDERTAKING AND DISSEMINATING UNBIASED ECONOMIC RESEARCH AMONG ACADEMIC RESEARCHERS, POLICY-MAKERS, AND BUSINESS PROFESSIONALS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 51 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 50 | NbrIndependentVotingMembers |
| Total Nbr Employees | 653 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 35365115 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 32703996 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1578694 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1475771 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3058214 | InvestmentIncomePriorYear |
| Investment Income Current Year | 4984978 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 40002023 | TotalRevenuePriorYear |
| Total Revenue Current Year | 39164745 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 778751 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 855317 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 17702802 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 17307456 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 45030 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 19968074 | OtherExpensePriorYear |
| Other Expenses Current Year | 18248509 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 38449627 | TotalExpensesPriorYear |
| Total Expenses Current Year | 36411282 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1552396 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 2753463 | RevenuesLessExpensesCY |
| Total Assets BOY | 111574549 | TotalAssetsBOY |
| Total Assets EOY | 117730281 | TotalAssetsEOY |
| Total Liabilities BOY | 17779557 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 16006697 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 93794992 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 101723584 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE NBER CONDUCTS UNBIASED, NON-PARTISAN ECONOMIC RESEARCH AND COMMUNICATES THE FINDINGS OF THAT RESEARCH TO ACADEMIC RESEARCHERS, POLICY-MAKERS, AND BUSINESS PROFESSIONALS. ITS RESEARCH ACTIVITIES SPAN A WIDE RANGE OF TOPICS AND EMPLOY MANY DIFFERENT RESEARCH METHODS AND STRATEGIES. THESE ACTIVITIES FOCUS ON ESTIMATING QUANTITATIVE MODELS OF ECONOMIC BEHAVIOR, EVALUATING HISTORICAL EXPERIENCE WITH VARIOUS PUBLIC POLICIES THAT AFFECT ECONOMIC ACTIVITY, PROMOTING THE DEVELOPMENT OF NEW STATISTICAL MEASURES FOR TRACKING ECONOMIC ACTIVITY, AND DESCRIBING THE LIKELY EFFECTS OF PROSPECTIVE ECONOMIC POLICIES. THE NBERS RESEARCH ACTIVITIES ARE ORGANIZED INTO TWENTY PROGRAMS. THE RESEARCHERS IN EACH PROGRAM ANALYZE ECONOMIC ISSUES CONCERNED WITH THE CORE TOPIC AREAS OF THAT PROGRAM. IN ADDITION, THE NBER ALSO HAS FIFTEEN WORKING GROUPS WHICH ARE EVEN MORE TOPIC-FOCUSED THAN PROGRAMS. WORKING GROUP MEETINGS OFTEN BRING TOGETHER RESEARCHERS WITH EXPERTISE IN SEVERAL SUB-FIELDS OF ECONOMICS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 23407797 | Expense |
| Grants | 793109 | Grants |
| Revenue | 0 | Revenue |
| Description | SPONSORED RESEARCH: THE NBER AND ITS AFFILIATED RESEARCHERS CONDUCT ACADEMIC RESEARCH PROJECTS ON A WIDE ARRAY OF TOPICS WITHIN ECONOMICS. THESE PROJECTS ARE FUNDED BY GRANTS FROM VARIOUS GOVERNMENT AGENCIES AND PRIVATE FOUNDATIONS. SPONSORS INCLUDE THE NATIONAL INSTITUTE OF HEALTH, THE NATIONAL SCIENCE FOUNDATION, AND THE DEPARTMENT OF EDUCATION, AMONG OTHER ENTITIES. THE NBER HAS MORE THAN 1,300 AFFILIATED RESEARCHERS, AND OVER 300 CURRENT RESEARCH PROJECTS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3935683 | Expense |
| Grants | 0 | Grants |
| Revenue | 0 | Revenue |
| Description | RESEARCH MEETINGS: THE NBER SPONSORED MORE THAN ONE HUNDRED AND FIFTY RESEARCH MEETINGS AND CONFERENCES DURING THE YEAR, INCLUDING OVER FIFTY MEETINGS THAT TAKEN TOGETHER CONSTITUTE THE NBER SUMMER INSTITUTE. THESE MEETINGS PROVIDE AN OPPORTUNITY FOR RESEARCHERS, BOTH NBER AFFILIATES AND OTHER INVITEES, TO PRESENT THEIR LATEST RESEARCH FINDINGS RELATING TO A PARTICULAR TOPIC AND TO EXCHANGE IDEAS ABOUT ONGOING RESEARCH. THE MEETINGS INCLUDE BOTH RESEARCH CONDUCTED THROUGH THE NBER AND OTHER RELEVANT ACADEMIC RESEARCH. THESE MEETINGS ARE ORGANIZED BY THE NBER PROGRAM DIRECTORS AND WORKING GROUP DIRECTORS. MOST ARE HELD IN CAMBRIDGE, MASSACHUSETTS, ALTHOUGH SOME ARE HELD IN OTHER LOCATIONS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 853691 | Expense |
| Grants | 0 | Grants |
| Revenue | 1475771 | Revenue |
| Description | PUBLICATIONS: THE NBER DISSEMINATES THE SCIENTIFIC FINDINGS OF ITS AFFILIATED RESEARCHERS IN SEVERAL WAYS: BY INCLUSION IN THE NBER WORKING PAPER SERIES, WHICH IS AVAILABLE BOTH IN PRINT FORMAT AND ELECTRONICALLY ON THE NBER WEBSITE; BY PUBLISHING BOOKS, USUALLY IN COLLABORATION WITH THE UNIVERSITY OF CHICAGO PRESS; AND BY HIGHLIGHTING RESEARCH IN THE MORE BROADLY-DISTRIBUTED NBER DIGEST AND NBER REPORTER PUBLICATIONS. MORE THAN ELEVEN HUNDRED INSTITUTIONS SUBSCRIBE TO THE NBER WORKING PAPER SERIES. THE CIRCULATION OF THE DIGEST AND REPORTER PUBLICATIONS IS SEVERAL TIMES LARGER. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 589561 | Expense |
| Grants | 62208 | Grants |
| Revenue | 0 | Revenue |
| Description | NON-SPONSORED RESEARCH AND RESEARCHER SUPPORT. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 589561 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 62208 | TotalOfOtherProgramServiceGrnt |
| Total Program Service Expense | 28786732 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 1 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 323 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 653 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 51 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 50 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | AZ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CT | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MI | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MN | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NJ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OH | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | PA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | VA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | DC | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | DE | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | GA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MO | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | TX | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KELLY HORAK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6178683900 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1050 MASSACHUSETTS AVENUE | AddressLine1 |
| City | CAMBRIDGE | City |
| State | MA | State |
| ZIP Code | 02138 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (72 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|---|
| JAMES M POTERBA | |||||||||
| PRESIDENT & CEO | 35.00 | 0.00 | X | X | 612255 | 0 | 67801 | ||
| KATHLEEN B COOPER | |||||||||
| CHAIRPERSON & DIRECTOR | 1.00 | 0.00 | X | X | 0 | 0 | 0 | ||
| MARTIN ZIMMERMAN | |||||||||
| VICE CHAIR & DIRECTOR | 1.00 | 0.00 | X | X | 0 | 0 | 0 | ||
| ROBERT MEDNICK | |||||||||
| TREASURER & DIRECTOR | 1.00 | 0.00 | X | X | 0 | 0 | 0 | ||
| GEORGE AKERLOF | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| PETER C ALDRICH | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| ELIZABETH E BAILEY | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| JAGDISH BHAGWATI | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| JOHN H BIGGS | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| TIMOTHY BRESNAHAN | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| CHRISTOPHER CARROLL | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| JEAN-PAUL CHAVAS | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| JOHN S CLARKESON | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| DON R CONLAN | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| CHARLES H DALLARA | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| ALAN V DEARDORFF | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| GEORGE C EADS | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| JESSICA P EINHORN | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| MOHAMED EL-ERIAN | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| LINDA EWING | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| RAY C FAIR | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| FRANKLIN FISHER | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| EDWARD FOSTER | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| JACOB A FRENKEL | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| JOHN P GOULD | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| MARK GRINBLATT | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| MARTIN GRUBER | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| JUDITH M GUERON | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| ROBERT S HAMADA | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| BRUCE E HANSEN | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| PETER BLAIR HENRY | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| KAREN N HORN | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| ELLEN HUGHES-CROMWICK | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| THEA LEE | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| WILLIAM W LEWIS | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| JOHN LIPSKY | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| MARJORIE B MCELROY | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| LAURENCE H MEYER | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| JOEL MOKYR | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| MICHAEL H MOSKOW | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| ALICIA H MUNNELL | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| ALAN L OLMSTEAD | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| ROBERT T PARRY | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| ANDREW POSTLEWAITE | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| JOHN S REED | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| UWE E REINHARDT | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| PETER L ROUSSEAU | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| GREGOR W SMITH | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| BART VAN ARK | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| MARINA V N WHITMAN | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| DAVID B YOFFIE | |||||||||
| DIRECTOR | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| ANDREW BRIMMER | |||||||||
| DIRECTOR EMERITUS | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| GLEN C CAIN | |||||||||
| DIRECTOR EMERITUS | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| CARL F CHRIST | |||||||||
| DIRECTOR EMERITUS | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| GEORGE N HATSOPOULOS | |||||||||
| DIRECTOR EMERITUS | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| SAUL H HYMANS | |||||||||
| DIRECTOR EMERITUS | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| LAWRENCE R KLEIN | |||||||||
| DIRECTOR EMERITUS | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| PAUL W MCCRACKEN | |||||||||
| DIRECTOR EMERITUS | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| RUDOLPH A OSWALD | |||||||||
| DIRECTOR EMERITUS | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| PETER G PETERSON | |||||||||
| DIRECTOR EMERITUS | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| NATHAN ROSENBERG | |||||||||
| DIRECTOR EMERITUS | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| JOHN J SIEGFRIED | |||||||||
| DIRECTOR EMERITUS | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| CRAIG SWAN | |||||||||
| DIRECTOR EMERITUS | 1.00 | 0.00 | X | 0 | 0 | 0 | |||
| KELLY HORAK | |||||||||
| ASST CORP SEC & CONTROLLER | 35.00 | 0.00 | X | 184386 | 0 | 73269 | |||
| GERARDINE JOHNSON | |||||||||
| ASST CORP SECRETARY | 35.00 | 0.00 | X | 85548 | 0 | 42490 | |||
| ALTERRA MILONE | |||||||||
| CORP SEC & DIR OF GRANTS | 35.00 | 0.00 | X | 155758 | 0 | 62698 | |||
| DAVID WISE | |||||||||
| AREA DIRECTOR AGING PROGRAM | 35.00 | 0.00 | 349320 | 0 | 42443 | X | |||
| DANIEL FEENBERG | |||||||||
| DIR OF INFORMATION SYSTEMS | 35.00 | 0.00 | 220110 | 0 | 55164 | X | |||
| MOHAN RAMANUJAN | |||||||||
| UNIX SYSTEM ADMINISTRATOR | 35.00 | 0.00 | 152343 | 0 | 60576 | X | |||
| CARL BECK | |||||||||
| CONFERENCE DEPT DIRECTOR | 35.00 | 0.00 | 134909 | 0 | 37277 | X | |||
| RICHARD WOODBURY | |||||||||
| AGING PROGRAM SPECIALIST | 28.00 | 0.00 | 130872 | 0 | 55535 | X | |||
| ALEXANDER AMINOFF | |||||||||
| PROGRAMMER & SYSTEMS ADMIN | 20.00 | 0.00 | 119940 | 0 | 0 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2145441 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 497253 | TotalOtherCompensation |
| Number Individuals GT100 K | 17 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| THE GOODWAY GROUP | |||||
| 16 A STREET | BURLINGTON | MA | 01803 | PRINTING AND DISTRIBUTION SERVICES | 346490 |
| UNIVERSITY OF CHICAGO PRESS | |||||
| 11030 SOUTH LANGLEY AVENUE | CHICAGO | IL | 60628 | PUBLISHING | 124862 |
| ADP INC | |||||
| PO BOX 842875 | BOSTON | MA | 02284 | PAYROLL & HUMAN RESOURCES PROCESSING | 104877 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
| Government Grants | 27662965 | GovernmentGrants |
| All Other Contributions | 5041031 | AllOtherContributions |
| Total Contributions | 32703996 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SUBSCRIPTIONS AND PUBLICATIONS | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 1475771 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1475771 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1475771 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2806692 | TotalRevenueColumn |
| Exclusion | $2,806,692 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 12696893 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 10518607 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2178286 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2178286 | TotalRevenueColumn |
| Exclusion | $2,178,286 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 39164745 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1475771 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $4,984,978 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 855317 | Total |
| Program Services | 855317 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1322915 | Total |
| Management And General | 1322915 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12393918 | Total |
| Program Services | 10032309 | ProgramServices |
| Management And General | 2344490 | ManagementAndGeneral |
| Fundraising | 17119 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1693349 | Total |
| Program Services | 1211821 | ProgramServices |
| Management And General | 478104 | ManagementAndGeneral |
| Fundraising | 3424 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1045371 | Total |
| Program Services | 786423 | ProgramServices |
| Management And General | 255264 | ManagementAndGeneral |
| Fundraising | 3684 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 851903 | Total |
| Program Services | 668553 | ProgramServices |
| Management And General | 182209 | ManagementAndGeneral |
| Fundraising | 1141 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 157166 | Total |
| Program Services | 960 | ProgramServices |
| Management And General | 156206 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 75630 | Total |
| Management And General | 75630 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 72953 | Total |
| Management And General | 72953 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 677514 | Total |
| Program Services | 598228 | ProgramServices |
| Management And General | 79286 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 391120 | Total |
| Program Services | 243417 | ProgramServices |
| Management And General | 144418 | ManagementAndGeneral |
| Fundraising | 3285 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 519353 | Total |
| Program Services | 139922 | ProgramServices |
| Management And General | 379431 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1732163 | Total |
| Program Services | 106870 | ProgramServices |
| Management And General | 1625293 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2611474 | Total |
| Program Services | 2496613 | ProgramServices |
| Management And General | 113341 | ManagementAndGeneral |
| Fundraising | 1520 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1452207 | Total |
| Program Services | 1362638 | ProgramServices |
| Management And General | 80712 | ManagementAndGeneral |
| Fundraising | 8857 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 90355 | Total |
| Management And General | 90355 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 114340 | Total |
| Program Services | 600 | ProgramServices |
| Management And General | 113740 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| SUBCONTRACTS | 7128537 | 7128537 | ||
| DATA ACQUISITION | 1436203 | 1431840 | 4363 | |
| HONORARIA | 1055111 | 1049111 | 6000 | |
| PRINT AND PUBLICATIONS | 368475 | 363697 | 4778 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 365908 | Total |
| Program Services | 309876 | ProgramServices |
| Management And General | 56032 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36411282 | Total |
| Program Services | 28786732 | ProgramServices |
| Management And General | 7579520 | ManagementAndGeneral |
| Fundraising | 45030 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1268813 | BOY |
| EOY | 432941 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 638607 | BOY |
| EOY | 279395 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3084972 | BOY |
| EOY | 2576090 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 763775 | BOY |
| EOY | 1277147 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 800390 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 508875 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 257130 | BOY |
| EOY | 291515 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 98853379 | BOY |
| EOY | 106138629 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6707873 | BOY |
| EOY | 6734564 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 111574549 | BOY |
| EOY | 117730281 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2568220 | BOY |
| EOY | 1643167 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8262766 | BOY |
| EOY | 7400762 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6948571 | BOY |
| EOY | 6962768 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17779557 | BOY |
| EOY | 16006697 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 93794992 | BOY |
| EOY | 101723584 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 93794992 | BOY |
| EOY | 101723584 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 111574549 | BOY |
| EOY | 117730281 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 2753463 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 5175129 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 30383057 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 32702624 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 33341182 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 35365115 | CurrentTaxYearMinus1Year |
| Current Tax Year | 32703996 | CurrentTaxYear |
| Total | 164495974 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 30383057 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 32702624 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 33341182 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 35365115 | CurrentTaxYearMinus1Year |
| Current Tax Year | 32703996 | CurrentTaxYear |
| Total | 164495974 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 164495974 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2642878 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2146432 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2600658 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2681937 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2806692 | CurrentTaxYear |
| Total | 12878597 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 177374571 | TotalSupport |
| Gross Receipts From Admissions Etc | 7804050 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.92740 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.92250 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3068397 | BeginningOfYearBalance |
| Investment Earnings Or Losses | -683823 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 125176 | GrantsOrScholarships |
| Other Expenditures | 685000 | OtherExpenditures |
| End Of Year Balance | 1574398 | EndOfYearBalance |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 574827 | OtherCostOrOtherBasis |
| Depreciation | 383392 | Depreciation |
| Book Value | 191435 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 225563 | OtherCostOrOtherBasis |
| Depreciation | 125483 | Depreciation |
| Book Value | 100080 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 291515 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ASSETS HELD UNDER DEFERRED COMPENSATION PLAN | Description |
| Book Value | 6734564 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 6734564 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DEFERRED COMPENSATION | $6,734,564 |
| DEFERRED RENTAL LIABILITY | $228,204 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 6962768 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 44339874 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 5175129 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 5175129 | RevenueNotRptdF990 |
| Revenue Subtotal | 39164745 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 39164745 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 36411282 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 36411282 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 36411282 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X, LINE 2: | THE BUREAU FOLLOWS THE U.S. GAAP STANDARDS FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH REQUIRES THE BUREAU TO REPORT UNCERTAIN TAX POSITIONS, RELATED INTEREST AND PENALTIES, AND TO ADJUST ITS UNRECOGNIZED TAX BENEFITS AND ACCRUED INTEREST AND PENALTIES ACCORDINGLY. AS OF JUNE 30, 2013 AND 2012, THE BUREAU DETERMINED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS TO REPORT. THE BUREAU FILES INFORMATION RETURNS WITH THE UNITED STATES INTERNAL REVENUE SERVICE AND VARIOUS STATE JURISDICTIONS. THESE RETURNS ARE GENERALLY SUBJECT TO EXAMINATION BY TAX AUTHORITIES FOR THE LAST THREE YEARS. |
| SCHEDULE D, PART V: UNTIL 2008, STARR FOUNDATION FUNDS WERE LISTED AS ENDOWMENT FUNDS IN SCHEDULE D PART V OF THE FORM 990. AS A RESULT OF FURTHER ANALYSIS IN 2009, FOR THAT YEAR AND ALL SUBSEQUENT YEARS THE FUNDS HAVE BEEN TREATED AS A STANDARD GRANT ADVANCE AND NOT LISTED IN SCHEDULE D. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 1 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (7 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| EAST ASIA AND THE PACIFIC | 0 | 1 | PROGRAM SERVICES | SEE PART IV FOR DESCRIPTIONS | 334847 |
| EUROPE (INCLUDING ICELAND AND GREENLAND) | 0 | 2 | PROGRAM SERVICES | SEE PART IV FOR DESCRIPTIONS | 931432 |
| MIDDLE EAST AND NORTH AFRICA | 0 | 0 | PROGRAM SERVICES | SEE PART IV FOR DESCRIPTIONS | 5698 |
| NORTH AMERICA (CANADA AND MEXICO) | 0 | 0 | PROGRAM SERVICES | SEE PART IV FOR DESCRIPTIONS | 143930 |
| SOUTH AMERICA | 0 | 0 | PROGRAM SERVICES | SEE PART IV FOR DESCRIPTIONS | 32185 |
| SOUTH ASIA | 0 | 0 | PROGRAM SERVICES | SEE PART IV FOR DESCRIPTIONS | 374346 |
| SUB-SAHARAN AFRICA | 0 | 0 | PROGRAM SERVICES | SEE PART IV FOR DESCRIPTIONS | 38986 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 3 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 3 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 1861424 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 1861424 | TotalAmountSpent |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| METHOD USED TO ACCCOUNT FOR EXPENDITURES: | SCHEDULE F, PART I, LINE 3: EXPENDITURES ARE RECORDED ON THE ACCRUAL METHOD. |
| PART I, LINE 3, COLUMN (E): REGION: EAST ASIA AND THE PACIFIC DATA ACQUISITION, HONORARIA, INFORMATION TECHNOLOGY, MEETINGS & CONFERENCES, PARTICIPANT SUPPORT COSTS, PROFESSIONAL SERVICES, SALARIES, SUBCONTRACTS, AND TRAVEL EXPENSES REGION: EUROPE (INCLUDING ICELAND AND GREENLAND) DATA ACQUISITION, HONORARIA, INFORMATION TECHNOLOGY, MEETINGS & CONFERENCES, PARTICIPANT SUPPORT COSTS, PROFESSIONAL SERVICES, SALARIES, SUBCONTRACTS, AND TRAVEL EXPENSES REGION: MIDDLE EAST AND NORTH AFRICA HONORARIA AND TRAVEL EXPENSES REGION: NORTH AMERICA (CANADA & MEXICO, BUT NOT THE U.S.) DATA ACQUISITION, HONORARIA, INFORMATION TECHNOLOGY, PARTICIPANT SUPPORT COSTS, PROFESSIONAL SERVICES, SUBCONTRACTS, AND TRAVEL EXPENSES REGION: SOUTH AMERICA HONORARIA, PROFESSIONAL SERVICES, SUBCONTRACTS, AND TRAVEL EXPENSES REGION: SOUTH ASIA DATA AQUISITION, MEETINGS & CONFERENCES, TRAVEL EXPENSES REGION: SUB-SAHARAN AFRICA MEETINGS & CONFERENCES, PROFESSIONAL SERVICES, TRAVEL EXPENSES |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (11 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| RESEARCH FELLOWSHIPS | 17 | 599510 |
| TUITION ASSISTANCE FOR FELLOWS | 9 | 80397 |
| HEALTH INSURANCE ASSISTANCE FOR FELLOWS | 15 | 33218 |
| RESEARCH EXPENSE - OTHER SALARIES AND WAGES | 3 | 8830 |
| RESEARCH EXPENSE - TRAVEL EXPENSES | 18 | 43825 |
| RESEARCH EXPENSE - INFORMATION TECHNOLOGY | 10 | 16184 |
| RESEARCH EXPENSE - PROFESSIONAL SERVICES | 5 | 9694 |
| RESEARCH EXPENSE - DATA ACQUISITION | 6 | 48264 |
| RESEARCH EXPENSE - MEETINGS AND CONFERENCES | 13 | 4792 |
| RESEARCH EXPENSE - OFFICE EXPENSES | 11 | 2693 |
| RESEARCH EXPENSE - PRINTING AND PUBLICATIONS | 1 | 7910 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE NBER GRANTS RESEARCH FELLOWSHIPS TO INDIVIDUALS AND ALSO MAKES SEVERAL SMALL GRANTS FOR RESEARCH EXPENSES. FELLOWS ARE PROVIDED WITH A DESK OR OFFICE ON-SITE, AND PARTICIPATE IN PERIODIC MEETINGS. PAYMENTS TO RESEARCH FELLOWS INCLUDE STIPENDS, AS WELL AS TUITION AND HEALTH INSURANCE PAID DIRECTLY TO THEIR UNIVERSITY BY INVOICE. ANY RESEARCH EXPENSES REIMBURSED MUST BE REASONABLE, BUDGETED, DOCUMENTED AND AUTHORIZED BY AN NBER GRANTS ADMINISTRATOR PRIOR TO PAYMENT. RECIPIENTS OF SMALL GRANTS REPORT ON THEIR PROJECTS TO THE PRINCIPAL INVESTIGATORS OF THE PARENT GRANT. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (8 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JAMES M POTERBA | ||||||||||||||
| PRESIDENT & CEO | 551466 | 0 | 0 | 0 | 60789 | 0 | 50000 | 0 | 17801 | 0 | 680056 | 0 | 0 | 0 |
| KELLY HORAK | ||||||||||||||
| ASST CORP SEC & CONTROLLER | 154234 | 0 | 0 | 0 | 30152 | 0 | 38135 | 0 | 35134 | 0 | 257655 | 0 | 0 | 0 |
| ALTERRA MILONE | ||||||||||||||
| CORP SEC & DIR OF GRANTS | 148977 | 0 | 0 | 0 | 6781 | 0 | 31698 | 0 | 31000 | 0 | 218456 | 0 | 0 | 0 |
| DAVID WISE | ||||||||||||||
| AREA DIRECTOR AGING PROGRAM | 300079 | 0 | 0 | 0 | 49241 | 0 | 42443 | 0 | 0 | 0 | 391763 | 0 | 0 | 0 |
| DANIEL FEENBERG | ||||||||||||||
| DIR OF INFORMATION SYSTEMS | 213261 | 0 | 0 | 0 | 6849 | 0 | 43787 | 0 | 11377 | 0 | 275274 | 0 | 0 | 0 |
| MOHAN RAMANUJAN | ||||||||||||||
| UNIX SYSTEM ADMINISTRATOR | 130330 | 0 | 0 | 0 | 22013 | 0 | 31018 | 0 | 29558 | 0 | 212919 | 0 | 0 | 0 |
| CARL BECK | ||||||||||||||
| CONFERENCE DEPT DIRECTOR | 106455 | 0 | 0 | 0 | 28454 | 0 | 26673 | 0 | 10604 | 0 | 172186 | 0 | 0 | 0 |
| RICHARD WOODBURY | ||||||||||||||
| AGING PROGRAM SPECIALIST | 107765 | 0 | 0 | 0 | 23107 | 0 | 26400 | 0 | 29135 | 0 | 186407 | 0 | 0 | 0 |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| JAMES POTERBA | |||
| OFFICER & DIRECTOR | 196841 | FEES PAID TO ONE OF NBER'S PENSION PROVIDERS, TIAA-CREF, FOR WHOM MR. POTERBA IS A TRUSTEE. 403B PENSION FEES OF $121,532 ARE FOR THE PLAN YEAR ENDED 12-31-2012 AND 401A PENSION FEES OF $75,309 ARE FOR THE PLAN YEAR ENDED 06-30-2013. MR. POTERBA RECUSES HIMSELF FROM ALL DECISIONS REGARDING PENSION PLAN PROVIDERS. | 0 |
| JAMES POTERBA | |||
| OFFICER & DIRECTOR | 24994 | WAGES AND BENEFITS PAID TO NANCY ROSE, MR. POTERBA'S SPOUSE, WHO IS A NBER RESEARCHER AND THE DIRECTOR OF THE NBER'S INDUSTRIAL ORGANIZATION PROGRAM. MS. ROSE RECEIVED THE DISCLOSED AMOUNT DURING THE 2012 CALENDAR YEAR, FOR HER DUTIES AS AN NBER PROGRAM DIRECTOR. | 0 |
| MARTIN GRUBER | |||
| DIRECTOR | 118505 | WAGES AND BENEFITS PAID TO JONATHAN GRUBER, MR. GRUBER'S SON, WHO IS AN NBER RESEARCHER AND THE DIRECTOR OF THE NBER'S HEALTH CARE PROGRAM. JONATHAN GRUBER RECEIVED $24,994 DURING THE 2012 CALENDAR YEAR FOR HIS DUTIES AS AN NBER PROGRAM DIRECTOR, AND $93,511 AS SUMMER SALARY FOR WORK HE PERFORMED AS A PRINCIPAL INVESTIGATOR ON A RESEARCH GRANT ADMINISTERED THROUGH THE NBER. | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE PRESIDENT, DIRECTOR OF GRANTS ADMINISTRATION, AND CONTROLLER COMPILE A DRAFT VERSION OF THE FORM 990 WITH HELP FROM THE NBERS STAFF AND THE NBERS AUDITORS. THIS DRAFT IS THEN FORWARDED TO THE CHAIR, VICE CHAIR, PAST CHAIR, AND TREASURER OF THE NBER BOARD OF DIRECTORS FOR THEIR REVIEW. AFTER THEIR REVIEW, THE 990 IS DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF DIRECTORS WITH A SOLICITATION FOR FURTHER INPUT. AFTER INCORPORATING ANY SUGGESTIONS THAT EMERGE IN THIS PROCESS, THE 990 IS FINALIZED AND FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH YEAR, OFFICERS, DIRECTORS AND KEY EMPLOYEES RECEIVE A COPY OF THE NBER CONFLICT OF INTEREST POLICY. THEY MUST RETURN A CONFLICT OF INTEREST ANNUAL STATEMENT, AFFIRMING THAT THEY RECEIVED A COPY OF THE POLICY, HAVE READ AND UNDERSTAND THE POLICY AND AGREE TO COMPLY WITH IT. ANY INTEREST, AS DEFINED IN THE POLICY, WHICH COULD APPEAR TO BE A CONFLICT OF INTEREST MUST BE DISCLOSED ON THE SAME ANNUAL STATEMENT. BY SIGNING THE ANNUAL STATEMENT, THE RESPONDENT ALSO AGREES TO REPORT PROMPTLY TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS AND ANY OTHER RELEVANT COMMITTEE ANY SITUATION OR TRANSACTION THAT MAY ARISE DURING THE FORTHCOMING YEAR THAT COULD CONSTITUTE A POTENTIAL CONFLICT OF INTEREST. THE ANNUAL STATEMENTS INCLUDING DISCLOSURES ARE COLLECTED EACH SPRING AND ARE FORWARDED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW. THE EXECUTIVE COMMITTEE DETERMINES WHETHER A CONFLICT EXISTS AS DEFINED IN THE POLICY. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE MUST LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE CONFLICT OF INTEREST. THE CHAIR OF THE BOARD MAY, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE EXECUTIVE COMMITTEE DETERMINES WHETHER THE NBER CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THEN THE EXECUTIVE COMMITTEE DETERMINES BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE NBERS BEST INTEREST, FOR ITS OWN BENEFIT, WHETHER IT IS FAIR AND REASONABLE, AND WHETHER TO ENTER INTO THE TRANSACTION. IF THE EXECUTIVE COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT INFORMS THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORDS THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBERS RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE COMMITTEE DETERMINES THAT THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT WILL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE NBER HAS A COMPENSATION COMMITTEE WHICH REVIEWS AND DETERMINES THE COMPENSATION OF OFFICERS, TOP MANAGEMENT OFFICIALS AND KEY EMPLOYEES. THE COMPENSATION COMMITTEE CONSISTS OF THE CHAIR OF THE BOARD, THE VICE CHAIR, THE IMMEDIATE PAST CHAIR, AND THE TREASURER. THE COMPENSATION COMMITTEE REVIEWS COMPENSATION LEVELS EACH SPRING. THE COMMITTEE SOLICITS DETAILED JOB DESCRIPTIONS FOR EACH POSITION AND PERFORMANCE EVALUATIONS FROM THE APPROPRIATE SUPERVISOR. THE COMMITTEE ENGAGES AN INDEPENDENT COMPENSATION CONSULTING FIRM TO PROVIDE ADVICE AND RECOMMENDATIONS REGARDING THE APPROPRIATE LABOR MARKET(S) AND MARKET DATA FOR CONDUCTING REASONABLENESS ASSESSMENTS AND TO CONDUCT A COMPARABILITY ASSESSMENT OF TOTAL REMUNERATION FOR THE OFFICERS, TOP MANAGEMENT OFFICIALS AND KEY EMPLOYEES. THE COMPENSATION COMMITTEE WORKS WITH THE CONSULTANT TO DEVELOP A PEER GROUP OF ORGANIZATIONS PRIMARILY COMPOSED OF THINK TANKS AND RESEARCH INSTITUTIONS. THE CONSULTANT IDENTIFIES SURVEY SOURCES FOR COLLECTING MARKET DATA FOR THE BROADER NOT-FOR-PROFIT AND FOR-PROFIT LABOR MARKETS. THE CONSULTANT ALSO REVIEWS THE FORM 990 OF OTHER ORGANIZATIONS TO COLLECT INFORMATION ON THE COMPENSATION OF SIMILAR POSITIONS. THE CONSULTANT PROVIDES AN EXECUTIVE ASSESSMENT TO THE COMPENSATION COMMITTEE THAT INCLUDES THE APPROPRIATE DATA AS WELL AS AN OPINION LETTER ON THE REASONABLENESS OF, AND SUPPORTING COMPARABILITY DATA WITH RESPECT TO, THE TOTAL COMPENSATION PACKAGE FOR THE IDENTIFIED INDIVIDUALS. THE COMPENSATION COMMITTEE MAINTAINS MINUTES OF ITS DELIBERATIONS AND DECISION AND REPORTS TO THE EXECUTIVE COMMITTEE. THE COMPENSATION COMMITTEE RECOMMENDS THE COMPENSATION FOR THE PRESIDENT & CEO TO THE EXECUTIVE COMMITTEE WHICH MAKES THE FINAL DETERMINATION ON THE COMPENSATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE NBER MAKES AVAILABLE TO THE PUBLIC, VIA ITS WEBSITE (WWW.NBER.ORG) ITS ARTICLES OF INCORPORATION, BY-LAWS, CONFLICT OF INTEREST POLICY, AND A SUMMARY OF ITS FINANCIAL STATEMENTS. COMPLETE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |