BROWN UNIVERSITY OF PROVIDENCE: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- BROWN UNIVERSITY OF PROVIDENCE (EIN 05-0258809)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-15
- IRS object ID
- 201211369349304161
- Schema version
- 2010v3.7
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-15T12:58:48-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PricewaterhouseCoopers LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 125 High Street | AddressLine1 |
| City | Boston | City |
| State | MA | State |
| ZIP Code | 02110 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 050258809 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Brown University | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BROW | NameControl |
| Phone | 4018632716 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Controllers Office Box J | AddressLine1 |
| City | Providence | City |
| State | RI | State |
| ZIP Code | 02912 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RUTH J SIMMONS | Name |
| Title | PRESIDENT/FELLOW | Title |
| Phone | 4018632716 | Phone |
| Date Signed | 2012-05-14 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PRICEWATERHOUSECOOPERS LLP | Name |
| Phone | 6175305000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Ruth J Simmons | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | BROWN UNIVERSITY BOX J | AddressLine1 |
| City | PROVIDENCE | City |
| State | RI | State |
| ZIP Code | 02912 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 3414754414 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | http://www.brown.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1764 | YearFormation |
| State Legal Domicile | RI | StateLegalDomicile |
| Activity Or Mission Description | SEE SCHEDULE O. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 60 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 56 | NbrIndependentVotingMembers |
| Total Nbr Employees | 10833 | TotalNbrEmployees |
| Total Nbr Volunteers | 15527 | TotalNbrVolunteers |
| Total Gross UBI | -3080687 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -3668797 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 287859413 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 284564529 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 410853852 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 421976050 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 47204859 | InvestmentIncomePriorYear |
| Investment Income Current Year | 192889687 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 9449699 | OtherRevenuePriorYear |
| Other Revenue Current Year | 21122511 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 755367823 | TotalRevenuePriorYear |
| Total Revenue Current Year | 920552777 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 106456415 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 118872050 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 402646652 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 402125471 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 22497 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 25129 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 21440824 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 272442944 | OtherExpensePriorYear |
| Other Expenses Current Year | 270561843 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 781568508 | TotalExpensesPriorYear |
| Total Expenses Current Year | 791584493 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -26200685 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 128968284 | RevenuesLessExpensesCY |
| Total Assets BOY | 3724545395 | TotalAssetsBOY |
| Total Assets EOY | 4167220800 | TotalAssetsEOY |
| Total Liabilities BOY | 868924943 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 953385203 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 2855620452 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 3213835597 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | SEE SCHEDULE O. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 197444752 | Expense |
| Revenue | 347066789 | Revenue |
| Description | INSTRUCTION/ENROLLMENT. (SEE SCHEDULE O) | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 145608898 | Expense |
| Grants | 118872050 | Grants |
| Description | STUDENT AID, FELLOWSHIPS AND SCHOLARSHIPS. (SEE SCHEDULE O) | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 81186395 | Expense |
| Revenue | 72118345 | Revenue |
| Description | Auxiliary Services / Activities Includes the operation of the dormitories, dining services, health services, the bookstore, etc. These services accomodate students, faculty and staff by supporting academic & cultural enrichment. | Description |
Activity Other ActivityOther (6 entries)
| ExpenseExpense | DescriptionDescription |
|---|---|
| 90409982 | SPONSORED RESEARCH |
| 22567829 | LIBRARIES |
| 50611739 | ACADEMIC SUPPORT |
| 21100639 | O & M OF PLANT |
| 55450722 | DEPRECIATION |
| 17377804 | OTHER |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 257518715 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 2790916 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 681758760 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | true | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | true | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | true | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | true | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Info In Schedule O Part V | X | InfoInScheduleOPartV |
| Number Forms Transmitted With1096 | 1432 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 10833 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | true | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 1 | NumberOf8282Filed |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 60 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 56 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | false | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DONALD S SCHANCK | NamePerson |
| Telephone Number | 4018632716 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | BROWN UNIVERSITY BOX J | AddressLine1 |
| City | PROVIDENCE | City |
| State | RI | State |
| ZIP Code | 02912 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (73 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| Ruth J Simmons | ||||||||
| PRESIDENT/FELLOW | 40.0 | X | X | 611237 | 0 | 252447 | ||
| Donald C Hood | ||||||||
| FELLOW/SECRETARY | 2.0 | X | X | 0 | 0 | 0 | ||
| Robin A Lenhardt | ||||||||
| FELLOW | 2.0 | X | 0 | 0 | 0 | |||
| Steven Rattner | ||||||||
| FELLOW | 2.0 | X | 0 | 0 | 0 | |||
| Stephen Robert | ||||||||
| Fellow | 2.0 | X | 0 | 0 | 0 | |||
| Mark S Blumenkranz | ||||||||
| FELLOW | 2.0 | X | 0 | 0 | 0 | |||
| Spencer R Crew | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| Charles M Davis | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| Richard A Friedman | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| Charles H Giancarlo | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| Martin J Granoff | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| Cathy Frank Halstead | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| H Anthony Ittleson | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| Debra L Lee | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| Karen M Levy | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| Samuel M Mencoff | ||||||||
| FELLOW | 2.0 | X | 0 | 0 | 0 | |||
| Annette L Nazareth | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| Jonathan M Nelson | ||||||||
| FELLOW | 2.0 | X | 0 | 0 | 0 | |||
| Theresia Gouw Ranzetta | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| Alison S Ressler | ||||||||
| Treasurer/TRUSTEE | 2.0 | X | X | 0 | 0 | 0 | ||
| Carmen M Rodriguez | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| Ralph F Rosenburg | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| Charles M Royce | ||||||||
| FELLOW | 2.0 | X | 0 | 0 | 0 | |||
| Joan Wernig Sorensen | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| Anita V Spivey | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| Thomas J Tisch | ||||||||
| Trustee/Chancellor | 2.0 | X | X | 0 | 0 | 0 | ||
| William H Twaddell | ||||||||
| Trustee | 2.0 | X | 0 | 0 | 0 | |||
| Jerome C Vascellaro | ||||||||
| Trustee/Vice Chancellor | 2.0 | X | X | 0 | 0 | 0 | ||
| Peter S Voss | ||||||||
| FELLOW | 2.0 | X | 0 | 0 | 0 | |||
| William P Wood | ||||||||
| Trustee | 2.0 | X | 0 | 0 | 0 | |||
| Steven A Cohen | ||||||||
| Trustee | 2.0 | X | 0 | 0 | 0 | |||
| Barry S Rosenstein | ||||||||
| Trustee | 2.0 | X | 0 | 0 | 0 | |||
| Nancy Fuld Neff | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| Barry S Sternlicht | ||||||||
| Trustee | 2.0 | X | 0 | 0 | 0 | |||
| LAURA GELLER | ||||||||
| FELLOW | 2.0 | X | 0 | 0 | 0 | |||
| MATTHEW J MALLOW | ||||||||
| FELLOW | 2.0 | X | 0 | 0 | 0 | |||
| MARIA T ZUBER | ||||||||
| FELLOW | 2.0 | X | 0 | 0 | 0 | |||
| NORMAN W ALPERT | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| RICHARD C BARKER | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| ANDREA TERZI BAUM | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| KATHERINE BURTON | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| CRAIG M COGUT | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| LAURENCE W COHEN | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| TANYA GODREJ DUBASH | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| DORSEY M JAMES | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| PEIGE KATZ | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| LAUREN J KOLODNY | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| BRIAN T MOYNIHAN | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| ERIC RODRIGUEZ | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| THOMAS E ROTHMAN | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| JONATHAN M ROZOFF | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| ELIZABETH B WEST | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| NANCY G ZIMMERMAN | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| GEORGE H BILLINGS | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| ROBERT CARNEY | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| JOHN HANNAN | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| KEVIN MUNDT | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| STEVEN PRICE | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| JASMINE WADDELL | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| LAUREN ZALAZNICK | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| David I Kertzer | ||||||||
| PROVOST | 40.0 | 446401 | 0 | 99519 | X | |||
| Elizabeth C Huidekoper | ||||||||
| EXEC VP for FINANCE and ADMIN | 40.0 | 377722 | 0 | 26556 | X | |||
| Cynthia E Frost | ||||||||
| VP & CIO | 40.0 | 828309 | 0 | 269956 | X | |||
| Clyde L Briant | ||||||||
| VP for Research | 40.0 | 345589 | 0 | 51863 | X | |||
| Rajiv Vohra | ||||||||
| Dean of Faculty | 40.0 | 519870 | 0 | 50463 | X | |||
| Edward Wing | ||||||||
| Dean of Medicine & Bio Science | 40.0 | 577722 | 0 | 36345 | X | |||
| Margaret M Klawunn VP for | ||||||||
| Campus Life & Student Services | 40.0 | 209841 | 0 | 41864 | X | |||
| Stephen M Maiorisi | ||||||||
| VP for Facilities Management | 40.0 | 218538 | 0 | 37463 | X | |||
| Kenneth M Shimberg Managing | ||||||||
| Director Private Equity | 40.0 | 622624 | 0 | 203804 | X | |||
| David J Schofield Managing Director | ||||||||
| Marketable Securities | 40.0 | 549979 | 0 | 169556 | X | |||
| Andrew C Wert Managing Director | ||||||||
| Marketable Securities | 40.0 | 544498 | 0 | 180064 | X | |||
| Michael J Speidel | ||||||||
| Managing Director Real Assets | 40.0 | 526919 | 0 | 179415 | X | |||
| WILLIAM CIOFFI JR | ||||||||
| PROFESSOR OF SURGERY | 40.0 | 471750 | 0 | 23120 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 6850999 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 1622435 | TotalOtherCompensation |
| Number Individuals GT100 K | 594 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Shawmut Design Construction | |||||
| 3 Davol Square Suite A275 | PROVIDENCE | RI | 02903 | Construction | 41113966 |
| Suffolk Construction | |||||
| 65 Allerton Street | BOSTON | MA | 02119 | Construction | 10400943 |
| Sarra Engineering | |||||
| 1 Harry Street | CRANSTON | RI | 02907 | Mechanic Contractors | 2043131 |
| GILBANE BUILDING COMPANY | |||||
| 7 JACKSON WALKWAY | PROVIDENCE | RI | 02903 | CONSTRUCTION | 6500316 |
| DIMEO CONSTRUCTION COMPANY | |||||
| 75 CHAPMAN STREET | PROVIDENCE | RI | 02905 | CONSTRUCTION | 6174120 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 117 | NumberOfContractorsGT100K |
| Federated Campaigns | 62227 | FederatedCampaigns |
| Fundraising Events | 162375 | FundraisingEvents |
| Government Grants | 158680590 | GovernmentGrants |
| All Other Contributions | 125659337 | AllOtherContributions |
| Noncash Contributions | 25723383 | NoncashContributions |
| Total Contributions | 284564529 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| TUITION & FEES | 900099 | 347066789 | 347066789 | |
| RESIDENCE | 900099 | 43596130 | 43596130 | |
| DINING HALLS | 900099 | 19096693 | 19096693 | |
| BOOKSTORE | 451211 | 8305500 | 8264322 | 41178 |
| COMPUTER STORE | 900099 | 2766281 | 2766281 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1144657 | TotalRevenueColumn |
| Related Or Exempt Function Income | 773075 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 371582 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 421976050 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 10682801 | TotalRevenueColumn |
| Exclusion | $10,682,801 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1628630 | TotalRevenueColumn |
| Exclusion | $1,628,630 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2561130969 | Securities |
| Other | 115277554 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2493560144 | Securities |
| Other | 641493 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 67570825 | Securities |
| Other | 114636061 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 182206886 | TotalRevenueColumn |
| Exclusion | $182,206,886 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|
| PARTNERSHIP INVESTMENT INCOME | 900099 | 18141101 | -3493447 | $21,634,548 |
| INSURANCE CLAIMS & MISC. REFUNDS | 900099 | 1352780 | $1,352,780 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 19493881 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 920552777 | TotalRevenueColumn |
| Related Or Exempt Function Income | 421563290 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -3080687 | UnrelatedBusinessRevenue |
| Exclusion | $217,505,645 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 118872050 | Total |
| Program Services | 118872050 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5537414 | Total |
| Program Services | 100563 | ProgramServices |
| Management And General | 5185443 | ManagementAndGeneral |
| Fundraising | 251408 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 313857823 | Total |
| Program Services | 273204647 | ProgramServices |
| Management And General | 29156357 | ManagementAndGeneral |
| Fundraising | 11496819 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20809783 | Total |
| Program Services | 18077614 | ProgramServices |
| Management And General | 1969148 | ManagementAndGeneral |
| Fundraising | 763021 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 43073863 | Total |
| Program Services | 28452332 | ProgramServices |
| Management And General | 12764986 | ManagementAndGeneral |
| Fundraising | 1856545 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18846588 | Total |
| Program Services | 16189219 | ProgramServices |
| Management And General | 1967584 | ManagementAndGeneral |
| Fundraising | 689785 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 703320 | Total |
| Management And General | 703320 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 504000 | Total |
| Management And General | 504000 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 203400 | Total |
| Program Services | 203400 | ProgramServices |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25129 | Total |
| Fundraising | 25129 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11380901 | Total |
| Management And General | 11380901 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 70030236 | Total |
| Program Services | 56103041 | ProgramServices |
| Management And General | 13315383 | ManagementAndGeneral |
| Fundraising | 611812 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1036567 | Total |
| Program Services | 902995 | ProgramServices |
| Management And General | 100144 | ManagementAndGeneral |
| Fundraising | 33428 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32765912 | Total |
| Program Services | 29884438 | ProgramServices |
| Management And General | 1453872 | ManagementAndGeneral |
| Fundraising | 1427602 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27909437 | Total |
| Program Services | 23708094 | ProgramServices |
| Management And General | 3905215 | ManagementAndGeneral |
| Fundraising | 296128 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14295561 | Total |
| Program Services | 12154340 | ProgramServices |
| Management And General | 1437793 | ManagementAndGeneral |
| Fundraising | 703428 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 714472 | Total |
| Program Services | 554414 | ProgramServices |
| Management And General | 99139 | ManagementAndGeneral |
| Fundraising | 60919 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20407531 | Total |
| Program Services | 20105467 | ProgramServices |
| Management And General | 302064 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 56283811 | Total |
| Program Services | 55450722 | ProgramServices |
| Management And General | 833089 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8991606 | Total |
| Program Services | 8434667 | ProgramServices |
| Management And General | 556939 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| DUES AND MEMBERSHIPS | 1380436 | 671189 | 690935 | 18312 |
| PURCHASED GOODS | 16662696 | 16662587 | 109 | |
| FUNDRAISING EXPENSES | 478292 | 478292 | ||
| MISCELLANEOUS | 6813665 | 2026981 | 2058488 | 2728196 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 791584493 | Total |
| Program Services | 681758760 | ProgramServices |
| Management And General | 88384909 | ManagementAndGeneral |
| Fundraising | 21440824 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34689850 | BOY |
| EOY | 3434220 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 186151141 | BOY |
| EOY | 221613325 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 194663816 | BOY |
| EOY | 161136456 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43735058 | BOY |
| EOY | 66153264 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33354857 | BOY |
| EOY | 33189633 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2618705 | BOY |
| EOY | 2583902 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3214028 | BOY |
| EOY | 3603345 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1504020057 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 613138821 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 812909393 | BOY |
| EOY | 890881236 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 878816231 | BOY |
| EOY | 1101394790 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1524712002 | BOY |
| EOY | 1655259425 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9680314 | BOY |
| EOY | 27971204 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3724545395 | BOY |
| EOY | 4167220800 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 147308895 | BOY |
| EOY | 203134926 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8171867 | BOY |
| EOY | 8478437 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 444194999 | BOY |
| EOY | 448745000 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16109877 | BOY |
| EOY | 20583317 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1164969 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46800000 | BOY |
| EOY | 50000000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 205174336 | BOY |
| EOY | 222443523 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 868924943 | BOY |
| EOY | 953385203 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 636688754 | BOY |
| EOY | 734187137 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1178757018 | BOY |
| EOY | 1372641280 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1040174680 | BOY |
| EOY | 1107007180 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2855620452 | BOY |
| EOY | 3213835597 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3724545395 | BOY |
| EOY | 4167220800 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 128968284 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 229246861 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbying | |
| Total Direct Lobbying | TotalDirectLobbying | |
| Total Lobbying Expenditures | TotalLobbyingExpenditures | |
| Other Exempt Purpose Expenditures | OtherExemptPurposeExpenditures | |
| Total Exempt Purpose Expenditures | TotalExemptPurposeExpenditures | |
| Lobbying Nontaxable | LobbyingNontaxableAmount | |
| Grassroots Nontaxable | GrassrootsNontaxableAmount | |
| Tot Lobbying Grassroot Minus Non Tx | TotLobbyingGrassrootMinusNonTx | |
| Tot Lobby Expend Mns Lobbying Nontx | TotLobbyExpendMnsLobbyingNontx | |
| Volunteers | false | Volunteers |
| Paid Staff Or Management | true | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | false | GrantsOtherOrganizations |
| Direct Contact Legislators | true | DirectContactLegislators |
| Direct Contact Legislators | $30,676 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | true | OtherActivities |
| Other Activities | $172,724 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 203400 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | false | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SCHEDULE C, PART II-B | OTHER LOBBYING ACTIVITIES: | THE UNIVERSITY ENGAGES CONSULTANTS TO PROMOTE ITS MISSION BY WORKING WITH STATE AND FEDERAL GOVERNMENT ENTITIES TO ADVOCATE FOR LEGISLATION AND POLICY INITIATIVES THAT SUPPORT HIGHER EDUCATION AND THE UNIVERSITY'S RESEARCH AGENDA. IN ADDITION, CERTAIN MEMBERS OF THE UNIVERSITY'S STAFF OR MANAGEMENT DEVOTED A SMALL PORTION OF THEIR TIME ON SIMILAR ACTIVITIES. |
| SCHEDULE C, PART II-B, LINE 1i | AMOUNT RELATES TO MEMBERSHIP DUES PAID TO ORGANIZATIONS WHO LOBBY ON BEHALF OF ALL MEMBERS, INCLUDING BROWN UNIVERSITY. |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
Collection Used For Other CollectionUsedForOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used For Other Purposes | X | CollectionUsedForOtherPurposes |
| Description Of Other Purposes | Education | DescriptionOfOtherPurposes |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | true | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2211203000 | BeginningOfYearBalance |
| Contributions | 67541000 | Contributions |
| Investment Earnings Or Losses | 387189000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 28030000 | GrantsOrScholarships |
| Other Expenditures | 70903000 | OtherExpenditures |
| Administrative Expenses | 5986000 | AdministrativeExpenses |
| End Of Year Balance | 2561014000 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2067880000 | BeginningOfYearBalance |
| Contributions | 55902000 | Contributions |
| Investment Earnings Or Losses | 208342000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 27840000 | GrantsOrScholarships |
| Other Expenditures | 85877000 | OtherExpenditures |
| Administrative Expenses | 7204000 | AdministrativeExpenses |
| End Of Year Balance | 2211203000 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2843081000 | BeginningOfYearBalance |
| Contributions | 57794000 | Contributions |
| Investment Earnings Or Losses | -621803000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 32685000 | GrantsOrScholarships |
| Other Expenditures | 93230000 | OtherExpenditures |
| Administrative Expenses | 7115000 | AdministrativeExpenses |
| End Of Year Balance | 2146042000 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.12100 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.40000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.47900 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 61738000 | OtherCostOrOtherBasis |
| Book Value | 61738000 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1198095000 | OtherCostOrOtherBasis |
| Depreciation | 537353000 | Depreciation |
| Book Value | 660742000 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 22004000 | OtherCostOrOtherBasis |
| Depreciation | 16203000 | Depreciation |
| Book Value | 5801000 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 222183057 | OtherCostOrOtherBasis |
| Depreciation | 59582821 | Depreciation |
| Book Value | 162600236 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 890881236 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| COMMON STOCK | 583079532 | F |
| PARTNERSHIPS & LLCS | 1055240186 | F |
| MISCELLANEOUS | 16939707 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 1655259425 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (6 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| FEDERAL STUDENT LOAN FUNDS | $24,616,795 |
| REFUNDABLE ADVANCES | $20,071,443 |
| STUDENT DEPOSITS | $28,147,844 |
| BROWN UNIVERSITY TAXABLE BONDS | $117,000,000 |
| CHARITABLE LEAD TRUST | $20,577,913 |
| ASSET RETIREMENT OBLIGATION | $12,029,528 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 222443523 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE D, PART III, LINE 1a | Identifier |
| Explanation | THE UNIVERSITY'S COLLECTIONS INCLUDE WORKS OF ART, HISTORICAL TREASURES, AND ARTIFACTS THAT ARE MAINTAINED IN THE UNIVERSITY'S LIBRARIES AND MUSEUMS. THESE COLLECTIONS ARE PROTECTED AND PRESERVED FOR EDUCATION AND RESEARCH PURPOSES. THE COLLECTIONS ARE NOT RECOGNIZED AS ASSETS IN THE FINANCIAL STATEMENTS OF THE UNIVERSITY. SCHEDULE D, PART III, LINE 4 THE JOHN CARTER BROWN LIBRARY CONTAINS A COLLECTION OF RARE BOOKS, MAPS, ATLASES AND MANUSCRIPTS THAT IS FOCUSED AND DIRECTED TOWARD PROVIDING UNDERSTANDING OF A PARTICULAR HISTORICAL ERA, NAMELY THE COLONIAL PERIOD OF THE AMERICAS. THE LIBRARY SERVES AS A RESOURCE TOOL FOR THOSE STUDYING SUCH TOPICS AS SLAVERY, MISSIONARY WORK, THE GROWTH OF NATURAL SCIENCE, AND ANTI-COLONIAL REVOLUTIONS IN THE NEW WORLD, AS WELL AS HISTORY OF GEOGRAPHY AND CARTOGRAPHY. THE JOHN HAY LIBRARY HOUSES THE UNIVERSITY LIBRARY'S COLLECTIONS OF RARE BOOKS AND MANUSCRIPTS, THE UNIVERSITY ARCHIVES, AND MANY SPECIAL COLLECTIONS ON A WIDE VARIETY OF TOPICS. THE LIBRARY SERVES AS A RESOURCE TOOL FOR THOSE STUDYING SUCH TOPICS AS AMERICAN LITERATURE AND POPULAR CULTURE, POLITICAL AND DIPLOMATIC HISTORY, THE HISTORY OF SCIENCE, BOOK ARTS AND GRAPHICS. THE UNIVERSITY'S ART SLIDE LIBRARY HOUSES SLIDES AND PHOTOGRAPHS REPRESENTING ART AND ART-RELATED SUBJECTS, INCLUDING ARCHITECTURE AND ARCHAEOLOGY. STUDENTS WHO ARE WRITING PAPERS OR CREATING PROJECTS ON ART-RELATED TOPICS CAN MAKE RESEARCH CONSULTATIONS BY APPOINTMENT. THE ART SLIDE LIBRARY ALSO PROVIDES SCANNING SERVICES FOR FACULTY WHO NEED DIGITAL IMAGES OF VISUAL CULTURE FOR TEACHING. THE ANNMARY BROWN MEMORIAL HOUSES EXHIBITS OF EUROPEAN AND AMERICAN PAINTINGS FROM THE 17TH THROUGH THE 20TH CENTURIES, THE CYRIL AND HARRIET MAZANSKY BRITISH SWORD COLLECTION, AS WELL AS PERSONAL MEMENTOS OF ITS FOUNDER, GENERAL RUSH C. HAWKINS, AND THE BROWN FAMILY. THE MEMORIAL IS UTILIZED AS A RESOURCE FOR STUDENTS STUDYING EUROPEAN AND AMERICAN ART BETWEEN THE 17TH AND 20TH CENTURY. THE HAFFENREFFER MUSEUM OF ANTHROPOLOGY IS A UNIVERSITY TEACHING MUSEUM WITH COLLECTIONS OF OVER 100,000 ETHNOGRAPHIC AND ARCHAEOLOGICAL ARTIFACTS AND ACTIVE PUBLIC EXHIBITIONS AND EDUCATION PROGRAMS. A CENTRAL FEATURE OF THE MUSEUM'S MISSION IS TO INSTRUCT STUDENTS AT ALL LEVELS IN COURSES AS WELL AS THROUGH ACTIVITIES ENHANCING THE VALUE OF ITS COLLECTIONS BY RESPONSIBLE, CAREFUL FIELD-DOCUMENTED COLLECTING. SCHEDULE D, PART IV, LINE 2B THE UNIVERSITY ACTS AS THE FISCAL AGENT FOR FUNDS RELATED TO UNIVERSITY SPONSORED AND/OR AFFILIATED PROGRAMS. THE UNIVERSITY DOES NOT OWN THE FUNDS ASSOCIATED WITH THESE PROGRAMS. Schedule D, Part V, Line 4 THE ENDING BALANCE IN COLUMN (c) INCLUDED PLEDGES RECEIVABLE AND THE BEGINNING BALANCE IN COLUMN (b) DOES NOT. SCHEDULE D, PART V, LINE 4 THE UNIVERSITY'S ENDOWMENT INCOME HELPS FINANCE VITAL ACTIVITIES, INCLUDING UNDERGRADUATE STUDENT SCHOLARSHIPS, PROFESSORSHIPS, GRADUATE STUDENT FELLOWSHIPS, LIBRARY ACQUISITIONS, THE DIVISION OF BIOLOGY AND MEDICINE, ACADEMIC PROGRAMS, VARSITY SPORTS, AND BUILDING MAINTENANCE. SCHEDULE D, PART X, LINE 2 BROWN UNIVERSITY DOES NOT HAVE A FIN 48 FOOTNOTE REPORTED IN ITS FINANCIAL STATEMENTS. | Explanation |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | RACIALLY NONDISCRIMINATORY POLICY | Identifier |
| Return Reference | PART I, LINE 3 | ReturnReference |
| Explanation | THE UNIVERSITY'S POLICY ON NON-DISCRIMINATION IS MADE AVAILABLE ON ITS WEBSITE. THE UNIVERSITY CUSTOMARILY DRAWS ITS STUDENTS NATIONWIDE FROM ALL SOCIAL SEGMENTS WHO ARE INFORMED OF ITS NONDISCRIMINATORY POLICY. SEE SECTION 4.02-2(B) REV PROC.78-80. GOVERMENT FINANCIAL AID PART I, LINE 6 COLLEGE WORK STUDY, PELL GRANTS, PERKINS LOANS, ETC. | Explanation |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (12 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| Central America and the Caribbean | 0 | 7 | Program Services | STUDY ABROAD/RESEARCH | |
| East Asia and the Pacific | 0 | 23 | Program Services | STDY ABROAD/CONF/RESEA | |
| Europe (Including Iceland and Greenland) | 0 | 102 | Program Services | STDY ABROAD/CONF/RESEA | |
| Middle East and North Africa | 0 | 3 | Program Services | STUDY ABROAD/RESEARCH | |
| North America | 0 | 11 | Program Services | STUDY ABROAD/RESEARCH | |
| Russia and the Newly Independent States | 0 | 1 | Program Services | STUDY ABROAD | |
| South America | 0 | 10 | Program Services | STUDY ABROAD/RESEARCH | |
| South Asia | 0 | 11 | Program Services | STUDY ABROAD/RESEARCH | |
| Sub-Saharan Africa | 0 | 8 | Program Services | STUDY ABROAD/RESEARCH | |
| Central America and the Caribbean | Investments | 936867576 | |||
| Europe (Including Iceland and Greenland) | Investments | 68562999 | |||
| Sub-Saharan Africa | Investments | 3484747 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 176 | SubtotalNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 176 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 1008915322 | SubtotalAmountSpent |
| Total Amount Spent | 1008915322 | TotalAmountSpent |
| Transfer To Foreign Corp | true | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | true | OwnForeignCorp |
| Passive Foreign Invest Co | true | PassiveForeignInvestCo |
| Foreign Partnership | true | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE F, PART 1, COLUMN (F) | Identifier |
| Return Reference | THE UNIVERSITY DOES NOT CURRENTLY TRACK FOREIGN EXPENDITURES FOR EACH | ReturnReference |
| Explanation | PROGRAM SEPARATELY. THEREFORE, PURSUANT TO IRS GUIDANCE, DISCLOSURE IN THIS COLUMN IS NOT REQUIRED IN THE CURRENT YEAR. | Explanation |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | true | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Individual | Washburn McGoldrick | NameOfIndividual |
| Activity | consulting | Activity |
| Fundraiser Control Of Funds | false | FundraiserControlOfFunds |
| Amount Retained By Contractor | 25129 | AmountRetainedByContractor |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | 25129 | TotalRetainedByContractors |
| Licensed States | CA | LicensedStates |
| Licensed States | NY | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | SEE PART IV | NameOfEvent1 |
| Total Number Of Other Events | 0 | TotalNumberOfOtherEvents |
Form990 Schedule G Part IV Form990ScheduleGPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE G, PART I, LINE 2B | Identifier |
| Return Reference | THE CONSULTING SERVICES PROVIDED BY WASHBURN MCGOLDRICK WERE NOT FOR A | ReturnReference |
| Explanation | SPECIFIC FUNDRAISING EVENT. SCHEDULE G, PART I, LINE 3 RHODE ISLAND DOES NOT REQUIRE THE UNIVERSITY TO REGISTER IN ORDER TO SOLICIT FUNDS. SCHEDULE G, PART II BROWN BEAR GOLF CLASSIC INCOME (EXCLUDING CONTRIBUTIONS) $35,000 CONTRIBUTIONS $110,250 TOTAL DIRECT EXP. $51,834 NET INCOME $93,416 FOOTBALL GOLF OUTING INCOME (INCLUDING CONTRIBUTIONS) $29,324 CONTRIBUTIONS $50,925 TOTAL DIRECT EXP. $36,165 NET INCOME $44,083 TOTAL OF ALL OTHER EVENTS INCOME (EXCLUDING CONTRIBUTIONS) $5,480 CONTRIBUTIONS $1,200 TOTAL DIRECT EXP. $15,965 NET INCOME $-9,285 | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (3 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| UNDERGRADUATE SCHOLARSHIPS | 2681 | 82125200 |
| MEDICAL SCHOOL SCHOLARSHIPS | 215 | 4488375 |
| GRADUATE SCHOLARSHIPS | 1241 | 32258475 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Schedule I, Part I, Line 2 | Identifier |
| Return Reference | Grant funds are managed in accordance with both the sponsor and | ReturnReference |
| Explanation | University rules and regulations. Expenditures are reviewed on a pre and post audit basis to ensure that the costs incurred and charged to a particular grant is in compliance with both the sponsor and University policies. Schedule I, Part III The cash grants are reflected on students' accounts. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | false | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | true | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (14 entries)
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ruth J Simmons | |||||||||||||
| 606306 | 0 | 0 | 0 | 4931 | 0 | 204402 | 0 | 48045 | 0 | 863684 | 0 | 0 | 0 |
| David I Kertzer | |||||||||||||
| 409901 | 0 | 20000 | 0 | 16500 | 0 | 51996 | 0 | 47523 | 0 | 545920 | 0 | 0 | 0 |
| Elizabeth C Huidekoper | |||||||||||||
| 361222 | 0 | 0 | 0 | 16500 | 0 | 19600 | 0 | 6956 | 0 | 404278 | 0 | 0 | 0 |
| Cynthia E Frost | |||||||||||||
| 465723 | 0 | 346086 | 0 | 16500 | 0 | 261000 | 0 | 8956 | 0 | 1098265 | 0 | 109586 | 0 |
| Clyde L Briant | |||||||||||||
| 308395 | 0 | 0 | 0 | 37194 | 0 | 38280 | 0 | 13583 | 0 | 397452 | 0 | 0 | 0 |
| Rajiv Vohra | |||||||||||||
| 416157 | 0 | 0 | 0 | 103713 | 0 | 24500 | 0 | 25963 | 0 | 570333 | 0 | 70252 | 0 |
| Edward Wing | |||||||||||||
| 561222 | 0 | 0 | 0 | 16500 | 0 | 29400 | 0 | 6945 | 0 | 614067 | 0 | 0 | 0 |
| Margaret M Klawunn VP for | |||||||||||||
| 208306 | 0 | 0 | 0 | 1535 | 0 | 22000 | 0 | 19864 | 0 | 251705 | 0 | 0 | 0 |
| Stephen M Maiorisi | |||||||||||||
| 207666 | 0 | 10000 | 0 | 872 | 0 | 21500 | 0 | 15963 | 0 | 256001 | 0 | 0 | 0 |
| Kenneth M Shimberg Managing | |||||||||||||
| 327001 | 0 | 295623 | 0 | 0 | 0 | 184600 | 0 | 19204 | 0 | 826428 | 0 | 130623 | 0 |
| David J Schofield Managing Direct | |||||||||||||
| 290117 | 0 | 259257 | 0 | 605 | 0 | 162600 | 0 | 6956 | 0 | 719535 | 0 | 116257 | 0 |
| Andrew C Wert Managing Director | |||||||||||||
| 268611 | 0 | 259257 | 0 | 16630 | 0 | 162600 | 0 | 17464 | 0 | 724562 | 0 | 116257 | 0 |
| Michael J Speidel | |||||||||||||
| 263890 | 0 | 246529 | 0 | 16500 | 0 | 161100 | 0 | 18315 | 0 | 706334 | 0 | 105029 | 0 |
| WILLIAM CIOFFI JR | |||||||||||||
| 469601 | 0 | 0 | 0 | 2149 | 0 | 22807 | 0 | 313 | 0 | 494870 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Schedule J, Part I, Line 1a | RESIDENCE FOR PERSONAL USE WAS PROVIDED TO THE FOLLOWING INDIVIDUALS: | PRESIDENT - AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE EMPLOYER, THE PRESIDENT IS REQUIRED TO LIVE IN UNIVERSITY HOUSING. THEREFORE, NONE OF THE BENEFIT WAS TREATED AS TAXABLE COMPENSATION. PROVOST - AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE EMPLOYER, THE PROVOST IS REQUIRED TO LIVE IN UNIVERSITY HOUSING. THEREFORE, NONE OF THE BENEFIT WAS TREATED AS TAXABLE COMPENSATION. VICE PRESIDENT FOR RESEARCH - NOT REQUIRED TO LIVE IN UNIVERSITY HOUSING. THEREFORE, ALL OF THE BENEFIT ($32,400.00) WAS TREATED AS TAXABLE COMPENSATION. SCHEDULE J, PART I, LINE 1B IN LIEU OF A STANDARDIZED WRITTEN POLICY, SENIOR OFFICERS WERE ISSUED AN ADDENDUM TO THEIR COMPENSATION LETTER APPROVED BY THE CHANCELLOR, OUTLINING THE TREATMENT OF THE ONE ITEM LISTED IN PART I, LINE 1A. |
| Schedule J, Part I, Line 4b | THE UNIVERSITY CONTRIBUTED $175,002.00 TO A DEFERRED COMPENSATION PLAN FOR | THE PRESIDENT OF THE UNIVERSITY (RUTH J. SIMMONS). TERMS & CONDITIONS: THE PRESIDENT'S DEFERRED COMPENSATION PLAN IS EFFECTIVE FROM FISCAL YEAR END 06/30/07 THROUGH FISCAL YEAR END 06/30/2011. BASED ON SERVICES RENDERED BY THE PRESIDENT IN HER EMPLOYMENT RELATIONSHIP WITH BROWN AND PROVIDED THAT SHE HAS CONTINUOUSLY SERVED AS PRESIDENT OF BROWN THROUGH THE DATE OF EACH UNIVERSITY CREDIT, THE UNIVERSITY SHALL CREDIT THE PRESIDENT'S DEFERRED COMPENSATION ACCOUNT DURING EACH FISCAL YEAR IN EQUAL MONTHLY INSTALLMENTS AT THE END OF EACH MONTH. PLAN AMOUNTS ARE SUBJECT TO FORFEITURE AND/OR PAYMENT ONLY IF CERTAIN CONDITIONS ARE MET, AS OUTLINED IN THE PLAN AGREEMENT. TERMS & CONDITIONS OF SUPPLEMENTAL RETIREMENT PLAN AND PAYMENTS FOR 2010: ALL MEMBERS OF THE EXECUTIVE STAFF OF THE PRESIDENT OF BROWN UNIVERSITY WITH AN ANNUAL SALARY IN EXCESS OF $160,000 ARE ELIGIBLE TO PARTICIPATE IN THE PLAN AS OF THE SIXTH MONTH ANNIVERSARY OF THE DATE OF EMPLOYMENT. ANNUALLY, AMOUNTS ARE CREDITED TO THE PARTICIPANTS' ACCOUNTS BASED ON A PERCENTAGE (DETERMINED BY THE PARTICIPANT'S AGE) OF THE INDIVIDUAL'S COMPENSATION IN EXCESS OF $160,000. PLAN AMOUNTS ARE SUBJECT TO FORFEITURE AND/OR PAYMENT ONLY IF CERTAIN CONDITIONS ARE MET INCLUDING A LENGTH OF SERVICE REQUIREMENT AS DESIGNATED IN THE PARTICIPANT AGREEMENT. THIS PLAN WAS CLOSED TO NEW PARTICIPANTS AS OF MARCH 1, 2007. AMOUNTS LISTED BELOW ARE CONTRIBUTIONS MADE BY THE UNIVERSITY TO THE SUPPLEMENTAL RETIREMENT PLAN: CLYDE L. BRIANT: $8,880. DAVID I. KERTZER: $22,596. AMOUNTS LISTED BELOW ARE PAYMENTS MADE BY THE UNIVERSITY TO PARTICIPANTS UNDER THE SUPPLEMENTAL RETIREMENT PLAN: RAJIV VOHRA $70,252 TERMS & CONDITIONS OF DEFERRED INCENTIVE COMPENSATION PLAN FOR SENIOR INVESTMENT PROFESSIONALS AND PAYMENTS FOR 2010: THE INVESTMENT COMMITTEE SUB-COMMITTEE ON COMPENSATION RECOMMENDS THE AMOUNT OF INCENTIVE COMPENSATION (BASED UPON A PERCENTAGE OF BASE SALARY) FOR EACH SENIOR INVESTMENT PROFESSIONAL PRIOR TO THE BEGINNING OF THE PERFORMANCE YEAR. THE ACTUAL INCENTIVE COMPENSATION GRANTED IS DETERMINED AFTER THE CLOSE OF THE PERFORMANCE YEAR, AFTER THE SUB-COMMITTEE ASSESSES THE PERFORMANCE OF THE SENIOR INVESTMENT PROFESSIONALS USING QUALITATIVE & QUANTITATIVE FACTORS. HALF OF THE INCENTIVE COMPENSATION GRANTED IS DEFERRED FOR ONE TO THREE YEARS AND INVESTED IN THE UNIVERSITY'S LONG TERM POOL. A THIRD OF THE DEFERRED AMOUNT, PLUS ANY INVESTMENT GAINS/LOSSES IS TO BE PAID OUT IN EACH OF THE SUCCEEDING THREE YEARS. THE DEFERRED AMOUNTS ARE SUBJECT TO FORFEITURE IF THE INDIVIDUAL LEAVES BROWN FOR REASONS OTHER THAN RETIREMENT, DISABILITY OR DEATH. THE FOLLOWING AMOUNTS BECAME VESTED AND WERE PAID TO THE FOLLOWING INDIVIDUALS IN CALENDAR YEAR 2010: CYNTHIA E. FROST: $109,586 KENNETH M. SHIMBERG: $130,623 DAVID J. SCHOFIELD: $116,257 ANDREW C. WERT: $116,257 MICHAEL J. SPEIDEL: $105,029 AMOUNTS (ALSO LISTED IN COLUMN Bii) REPRESENT PAYMENTS OF INCENTIVE COMPENSATION THAT WERE DEFERRED AND REPORTED IN A PRIOR FORM 990. |
| Schedule J, Part I, Line 7 | THE UNIVERSITY OFFERS INCENTIVE COMPENSATION TO SENIOR PROFESSIONALS | IN THE INVESTMENT OFFICE BASED UPON THE UNIVERSITY'S INVESTMENT PERFORMANCE. (SEE RESPONSE TO QUESTION 4B ABOVE) |
| SCHEDULE J, PART II, COLUMN (D) | NON-TAXABLE BENEFITS LISTED IN COLUMN D CONSIST OF THE FOLLOWING | ITEMS: PRE-TAX AMOUNTS PAID BY EMPLOYEES FOR HEALTH & DENTAL INSURANCE, MEDICAL REIMBURSEMENT, AMOUNTS PAID BY THE UNIVERSITY FOR HEALTH & DENTAL, AS WELL AS TUITION ASSISTANCE AND HOUSING THAT IS REQUIRED AS A CONDITION OF EMPLOYMENT. SCHEDULE J, PART II, COLUMN (F) AMOUNTS REPRESENT PAYMENTS OF INCENTIVE COMPENSATION and serp amounts THAT WERE DEFERRED AND REPORTED IN A PRIOR FORM 990. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (4 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| RI H&E BLD CORP SERIES 2003 | |||||||
| 521300173 | 762243CA9 | 2003-11-13 | 91425000 | FINANCE CAPITAL PROJECTS | false | false | false |
| RI H&E BLD CORP SERIES 2004 | |||||||
| 521300173 | 762243FX6 | 2004-04-27 | 22545097 | ADVANCED REFUNDING 1995 BOND | false | false | false |
| RI H&E BLD CORP SERIES 2005A | |||||||
| 521300173 | 762243MY6 | 2005-10-04 | 85500000 | FINANCE CAPITAL PROJECTS | false | false | false |
| RI H&E CORP SERIES 2007 | |||||||
| 521300173 | 762197BP5 | 2007-06-27 | 92405058 | FIN. CAP.PJT./REF.1998&COM.PAPER | false | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (4 entries)
| Amount RetiredAmountRetired | Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Other Spent ProceedsOtherSpentProceeds |
|---|---|---|---|---|---|---|---|---|---|
| 4720000 | 91928050 | 590401 | 91337649 | 2005 | false | false | true | true | |
| 4150097 | 22545097 | 259102 | false | true | true | true | 22285995 | ||
| 87064981 | 526642 | 86538339 | 2006 | false | false | true | true | ||
| 2395058 | 93317470 | 718615 | 42912412 | 2008 | true | false | true | true | 49686443 |
Form990 Schedule K Part III Form990ScheduleKPartIII (4 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|---|
| false | false | false | false | true | 0.00000 | 0.00000 | 0.00000 | true |
| false | false | false | false | true | 0.00000 | 0.00000 | 0.00000 | true |
| false | false | false | false | true | 0.00000 | 0.00000 | 0.00000 | true |
| false | false | false | false | true | 0.00000 | 0.00000 | 0.00000 | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Term Of HedgeTermOfHedge | Superintegrated HedgeSuperintegratedHedge | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|---|---|
| JP MORGAN | |||||||
| false | true | true | 35.3 | false | false | false | true |
| (no name) | |||||||
| false | false | false | false | false | false | ||
| GOLDMAN SACHS | |||||||
| false | true | true | 29.6 | false | false | false | true |
| (no name) | |||||||
| false | false | false | false | false | true | ||
Form990 Schedule K Part V Form990ScheduleKPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE K, PART II, LINE 3, COLUMN A (SERIES 2003) | Identifier |
| Return Reference | INCLUDES $503,050 OF INVESTMENT EARNINGS. | ReturnReference |
| Explanation | SCHEDULE K, PART II, LINE 3, COLUMN C (SERIES 2005A) INCLUDES $1,564,981 OF INVESTMENT EARNINGS. SCHEDULE K, PART II, LINE 3, COLUMN D (SERIES 2007) INCLUDES $912,413 OF INVESTMENT EARNINGS. SCHEDULE K, PART II, LINE 3, COLUMN A (SERIES 2009) INCLUDES $3,239 OF INVESTMENT EARNINGS. SCHEDULE K, PART III, LINES 4-6 BROWN UNIVERSITY HAS CONDUCTED AN EXTENSIVE ANALYSIS OF ALL ACTIVITIES CONDUCTED WITHIN ITS BOND-FINANCED FACILITIES AND HAS DETERMINED THAT THERE IS NO PRIVATE BUSINESS USE. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | SEE PART V | NamePerson |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE L PART IV | Identifier |
| Return Reference | (A) NAME OF INTERESTED PERSON: GOLDMAN SACHS | ReturnReference |
| Explanation | (B) RELATIONSHIP BETWEEN THE INTERESTED PERSON AND THE ORGANIZATION: THE PRESIDENT, WHO IS ALSO A FELLOW OF THE UNIVERSITY, HAS A SIGNIFICANT FINANCIAL INTEREST. A TRUSTEE OF THE UNIVERSITY HAS A SIGNIFICANT FINANCIAL INTEREST AND IS ON THE MANAGEMENT COMMITTEE. (C) AMOUNT OF TRANSACTION: $13,500,000 OUTSTANDING VALUATION SWAP AGREEMENT WITH GOLDMAN SACHS AT 6/30/2011. (D) DESCRIPTION OF TRANSACTION: THE UNIVERSITY CURRENTLY HAS TWO ACTIVE INTEREST RATE SWAP AGREEMENTS WITH GOLDMAN SACHS FROM 2005 & 2007. (E) SHARING OF THE ORGANIZATION'S REVENUES: NO (A) NAME OF INTERESTED PERSON: QUADRANGLE PARTNERS, LP (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND THE ORGANIZATION: A FELLOW OF THE UNIVERSITY HAS A SIGNIFICANT FINANCIAL INTEREST. (C) AMOUNT OF TRANSACTION: $914,103 (CAPITAL INVESTED & RETURN OF CAPITAL) (D) DESCRIPTION OF TRANSACTION: THE UNIVERSITY IS A LIMITED PARTNER IN SEVERAL QUADRANGLE PARTNERSHIPS. (E) SHARING OF THE ORGANIZATION'S REVENUES: NO (A) NAME OF INTERESTED PERSON: TPG CAPITAL, LLC (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND THE ORGANIZATION: A TRUSTEE OF THE UNIVERSITY HAS A SIGNIFICANT FINANCIAL INTEREST. (C) AMOUNT OF TRANSACTION: $3,908,099 (CAPITAL INVESTED & RETURN OF CAPITAL) (D) DESCRIPTION OF TRANSACTION: THE UNIVERSITY IS A LIMITED PARTNER IN SEVERAL TPG CAPITAL PARTNERSHIPS. (E) SHARING OF THE ORGANIZATION'S REVENUES: NO | Explanation |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 7 | NumberOfContributions |
Art Historical Treasures ArtHistoricalTreasures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles |
Boats And Planes BoatsAndPlanes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 419 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 25723383 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther |
Collectibles Collectibles
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 4 | NumberOfContributions |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy |
Historical Artifacts HistoricalArtifacts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 3 | NumberOfContributions |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | AUDIO RECORDER | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 0 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | 0 | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 9 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE M, PART I, COLUMN (B) | Identifier |
| Return Reference | THE UNIVERSITY IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED DURING | ReturnReference |
| Explanation | THE YEAR. SCHEDULE M, PART I, LINE 33 NO REVENUE WAS REPORTED ON FORM 990, PART VIII, LINE 1G BECAUSE THE UNIVERSITY'S COLLECTIONS (WHICH INCLUDE WORKS OF ART, HISTORICAL TREASURES & ARTIFACTS) ARE NOT RECOGNIZED AS ASSETS IN THE FINANCIAL STATEMENTS OF THE UNIVERSITY. THESE COLLECTIONS ARE PROTECTED AND PRESERVED FOR EDUCATION AND RESEARCH PURPOSES. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| MISSION STATEMENT | FORM 990, PARTS I AND III | TO SERVE THE COMMUNITY, THE NATION, AND THE WORLD BY DISCOVERING, COMMUNICATING, AND PRESERVING KNOWLEDGE AND UNDERSTANDING IN A SPIRIT OF FREE INQUIRY, AND BY EDUCATING AND PREPARING STUDENTS TO DISCHARGE THE OFFICES OF LIFE WITH USEFULNESS AND REPUTATION. BROWN ACCOMPLISHES THIS THROUGH A PARTNERSHIP OF STUDENTS & TEACHERS IN A UNIFIED COMMUNITY CALLED A UNIVERSITY-COLLEGE. |
| FORM 990, PART III, LINE 4A | INSTRUCTION / ENROLLMENT | INCLUDES COST OF SUPPLIES, SALARIES AND BENEFITS ASSOCIATED WITH TEACHING APPROXIMATELY 8,500 STUDENTS (72% UNDERGRADUATE; 23% GRADUATE; 5% MEDICAL). A FACULTY OF APPROXIMATELY 700 (NOT INCLUDING ADJUNCT, VISITING, CLINICAL AND OTHER "NON-REGULAR" FACULTY) TEACH AND ADMINISTER PROGRAMS IN A VARIETY OF DISCIPLINES, INCLUDING THE HUMANITIES, LIFE/MEDICAL SCIENCES, PHYSICAL SCIENCES AND SOCIAL SCIENCES. THERE ARE NEARLY 100 PROGRAMS OF STUDY OFFERED BETWEEN THE THREE SCHOOLS (UNDERGRADUATE COLLEGE, GRADUATE SCHOOL AND MEDICAL SCHOOL) OF THE UNIVERSITY. IN 2011, THE UNIVERSITY AWARDED 1,554 BACCALAUREATE DEGREES AND 733 ADVANCED (MASTER AND DOCTORATE) DEGREES. FORM 990, PART III, LINE 4B STUDENT AID, FELLOWSHIPS & SCHOLARSHIPS BROWN PROVIDES 100 PERCENT OF DEMONSTRATED NEED FOR ALL AIDED UNDERGRADUATE STUDENTS THAT MATRICULATE. THE UNIVERSITY IS NEEDS-BLIND FOR DOMESTIC STUDENTS (US CITIZENS AND PERMANENT RESIDENTS) AND "NEED-AWARE" FOR INTERNATIONAL AND TRANSFER (BOTH DOMESTIC AND INTERNATIONAL) STUDENTS. INTERNATIONAL AND TRANSFER STUDENTS WHO DO NOT APPLY FOR AID AS PART OF THEIR ADMISSION APPLICATION MAY NOT RECEIVE NEED-BASED SCHOLARSHIPS FROM THE UNIVERSITY. FORTY-ONE PERCENT OF THE UNDERGRADUATE STUDENT BODY RECEIVES NEED-BASED FINANCIAL AID. THE AVERAGE FINANCIAL-AID PACKAGE FOR THE CLASS OF 2015 WAS $36,640. SINCE THE CLASS OF 2007, ALL DOMESTIC UNDERGRADUATES ADMITTED AS FRESHMEN AT BROWN UNIVERSITY WERE ADMITTED UNDER THE UNIVERSITY'S NEEDS-BLIND ADMISSION POLICY. FORM 990, PART III, LINE 4D OTHER PROGRAM SERVICES (EXPENSES $257,518,715) (REVENUE $2,790,916) THE UNIVERSITY ENGAGES IN RESEARCH IN PHYSICAL SCIENCES, HUMANITIES, LIFE SCIENCES AND SOCIAL SCIENCES. THE UNIVERSITY'S RESEARCH NETWORK FEATURES ADVANCED ACADEMIC INSTITUTES, CENTERS AND FACILITIES THAT MAKE OUR WORLD RENOWNED RESEARCH POSSIBLE. THESE FACILITIES, WHICH ARE MADE AVAILABLE TO FACULTY AND STUDENTS, ENCOURAGE DISCOVERY AND INNOVATION BY PROVIDING STATE-OF-THE-ART EQUIPMENT AND RESOURCES. DESCRIPTION EXPENSES ----------- ---------- SPONSORED RESEARCH $90,409,982 LIBRARIES $22,567,829 ACADEMIC SUPPORT $50,611,739 OPERATION & MAINTENANCE OF PLANT $21,100,639 DEPRECIATION $55,450,722 OTHER $17,377,804 |
| FORM 990, PART V, LINE 4B | FOREIGN ACCOUNTS | THE ORGANIZATION HAS AN INTEREST IN OR A SIGNATURE OR OTHER AUTHORITY OVER A FINANCIAL ACCOUNT IN THE FOLLOWING FOREIGN COUNTRIES: 1) ITALY 2) FRANCE 3) GERMANY 4) CAYMAN ISLANDS 5) BRITISH VIRGIN ISLANDS 6) ENGLAND 7) SCOTLAND 8) BERMUDA 9) JERSEY, CHANNEL ISLANDS 10) GUERNSEY, CHANNEL ISLANDS 11) MAURITIUS |
| PART VI, SECTION A, LINE 2 | RUTH J. SIMMONS | RICHARD A. FRIEDMAN BUSINESS RELATIONSHIP - THE INDIVIDUALS HAVE A SIGNIFICANT FINANCIAL INTEREST IN AN ENTITY AND ONE INDIVIDUAL SITS ON THE MANAGEMENT COMMITTEE OF THE ENTITY. RICHARD A. FRIEDMAN JONATHAN M. NELSON BUSINESS RELATIONSHIP - THE INDIVIDUALS SIT ON THE BOARD OF ANOTHER ORGANIZATION. PART VI, SECTION B, LINE 11 THE RETURN IS PREPARED BY THE UNIVERSITY AND REVIEWED BY THE UNIVERSITY'S TAX CONSULTANTS. A DRAFT VERSION OF THE FORM 990 IS PROVIDED TO THE CONTROLLER, EXECUTIVE VICE PRESIDENT FOR FINANCE & ADMINISTRATION, AND THE AUDIT COMMITTEE FOR REVIEW. CHANGES/COMMENTS ARE SUBMITTED TO MANAGEMENT AND ANY NECESSARY CHANGES ARE MADE PRIOR TO THE FINAL REVIEW AND SIGNING OF THE TAX RETURN BY THE UNIVERSITY'S INDEPENDENT AUDITORS/TAX CONSULTANTS. THE FINAL TAX RETURN IS PROVIDED TO THE BOARD PRIOR TO FILING. PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE BROWN COMMUNITY ARE RESPONSIBLE FOR READING THE UNIVERSITY'S CONFLICT OF INTEREST AND COMMITMENT POLICY (COICP) AND ITS RELATED GUIDELINES AND TO DISCLOSE POTENTIAL OR ACTUAL CONFLICTS AS THEY ARISE TO THEIR SUPERVISOR OR ASSIGNED SENIOR ADMINISTRATOR. FAILURE TO DO SO WILL BE DEEMED A FAILURE TO MEET ONE'S OBLIGATIONS FOR WHICH SANCTIONS, UP TO AND INCLUDING DISMISSAL, MAY BE IMPOSED. RESPONSIBILITY FOR IMPLEMENTING THE UNIVERSITY'S COICP IS AS FOLLOWS - THE CHANCELLOR FOR MEMBERS OF THE CORPORATION AND ITS STANDING COMMITTEES; THE PRESIDENT FOR THE CABINET; AND THE PROVOST FOR OFFICERS OF INSTRUCTION AND RESEARCH. FOR ALL OTHER MEMBERS OF THE BROWN COMMUNITY, RESPONSIBILITY FOR IMPLEMENTING THE UNIVERSITY'S COICP SHALL REST WITH THE SENIOR VICE PRESIDENT FOR CORPORATION AFFAIRS AND GOVERNANCE. ALL CORPORATION MEMBERS, ALL MEMBERS OF THE CORPORATION'S STANDING COMMITTEES, ALL OFFICERS OF INSTRUCTION, ALL SENIOR OFFICERS, AND SELECTED STAFF SHALL ALSO BE RESPONSIBLE FOR SUBMITTING AN ANNUAL DISCLOSURE FORM. IF THERE ARE NO DISCLOSURES WHICH PRESENT A CONFLICT OR APPEAR TO PRESENT A CONFLICT, THE SUPERVISOR SIGNS THE FORM AND FORWARDS IT TO THE ASSIGNED SENIOR ADMINISTRATOR. IF THERE ARE DISCLOSURES WHICH PRESENT A CONFLICT OR APPEAR TO PRESENT A CONFLICT, THE SUPERVISOR IS RESPONSIBLE FOR WORKING WITH THE EMPLOYEE TO DETERMINE WHETHER A MANAGEMENT PLAN IS WARRANTED, SIGNING THE DISCLOSURE FORM TO ACKNOWLEDGE THAT IT HAS RECEIVED SUPERVISORY REVIEW, AND FORWARDING IT TO THE ASSIGNED SENIOR ADMINISTRATOR FOR THAT EMPLOYEE. FORMS THAT DISCLOSE AFFILIATIONS ARE REQUIRED TO RECEIVE SECONDARY REVIEW AND SIGNATURE BY THE ASSIGNED SENIOR ADMINISTRATOR OR, WHEN THE ASSIGNED SENIOR ADMINISTRATOR IS ALSO THE EMPLOYEE'S SUPERVISOR, BY THE ASSIGNED SENIOR ADMINISTRATOR'S SUPERVISOR. SENIOR ADMINISTRATORS, AS ASSIGNED BY THE SENIOR VICE PRESIDENT FOR CORPORATION AFFAIRS AND GOVERNANCE, ARE RESPONSIBLE FOR COLLECTING DISCLOSURE FORMS AND, IF WARRANTED, MANAGEMENT PLANS WITHIN THEIR DIVISIONS AND FORWARDING THEM TO THE OFFICE OF CORPORATION AFFAIRS AND GOVERNANCE. HUMAN RESOURCES SHALL MAINTAIN EMPLOYEES' DISCLOSURE FORMS AND RELATED MANAGEMENT PLANS, AND THE UNIVERSITY AUDITOR SHALL PERIODICALLY MONITOR THE FILE TO ENSURE COMPLIANCE WITH THE DISCLOSURE REQUIREMENTS OF THIS POLICY. THE UNIVERSITY'S INVESTMENT OFFICE ALSO HAS STRICT INVESTMENT POLICIES INTENDED TO MAINTAIN THE HIGHEST ETHICAL AND LEGAL STANDARDS AND AVOID CONFLICTS. ALL MEMBERS OF THE CORPORATION, INCLUDING THE PRESIDENT, DISCLOSE INFORMATION ANNUALLY RELATED TO CONFLICT OF INTEREST AND COMMITMENT. IF THERE IS CONSIDERATION TO HIRE A FIRM THAT COULD POTENTIALLY PRESENT A CONFLICT, THE INVESTMENT OFFICE SEEKS THE ADVICE AND CONSENT OF THE CORPORATION OFFICE AND GENERAL COUNSEL. ALL MEMBERS OF THE INVESTMENT COMMITTEE MUST RECUSE THEMSELVES AND REFRAIN FROM PARTICIPATION IN CONSIDERATION OF ANY INVESTMENT IN WHICH THEY HAVE AN INTEREST. PART VI, SECTION B, LINE 14 THE UNIVERSITY IS IN THE PROCESS OF DEVELOPING A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY. PART VI, SECTION B, LINE 15 THE AUTHORITY TO ESTABLISH AND ADJUST COMPENSATION FOR THE PRESIDENT AND SENIOR STAFF RESTS WITH THE CORPORATION COMMITTEE ON SENIOR ADMINISTRATION. SENIOR STAFF INCLUDES OFFICERS REPORTING TO THE PRESIDENT, THE DEANS AND VICE PRESIDENTS OR THEIR EQUIVALENTS WHO REPORT TO THE PROVOST AND/OR THE EXECUTIVE VICE PRESIDENT FOR FINANCE & ADMINISTRATION, ANY OTHER UNIVERSITY EMPLOYEE WHOSE ANNUAL COMPENSATION IS IN EXCESS OF $225,000, AND OTHERS WHOSE RESPONSIBILITIES MIGHT BE DETERMINED TO REFLECT SIGNIFICANT INFLUENCE OVER THE AFFAIRS OF THE UNIVERSITY. THE COMMITTEE CONDUCTS THEIR REVIEW ANNUALLY AND, AS PART OF THEIR REVIEW PROCESS, USES DATA AND INFORMATION FROM SURVEYS REFLECTING INDUSTRY STANDARDS FOR COMPENSATION, BENEFITS, AND PREREQUISITES OF SENIOR OFFICERS EITHER AT INSTITUTIONS OF HIGHER EDUCATION OR AT COMPARABLE ENTITIES. DOCUMENTATION OF THIS REVIEW, AS WELL AS ANY DECISIONS MADE, ARE PREPARED BEFORE THE NEXT MEETING OF THE COMMITTEE ON SENIOR ADMINISTRATION, OR 60 DAYS AFTER THE FINAL ACTIONS OF THE COMMITTEE TO SET SALARIES, WHICHEVER IS LATER. THE COMMITTEE FORMALLY APPROVES THE DOCUMENTATION WITHIN A REASONABLE TIME AFTER IT IS PREPARED. PART VI, SECTION C, LINE 19 THE UNIVERSITY'S FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICIES, AND GOVERNING DOCUMENTS (CHARTER AND STATUTES) ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AND ON OUR WEBSITE. FORM 990, PART XI, LINE 5 $231,676,118 UNREALIZED GAINS ON INVESTMENTS ($2,429,257) ACTUARIAL ADJUSTMENT |
| FORM 990, PART XII, LINE 2D | BROWN UNIVERSITY'S FINANCIAL STATEMENTS INCLUDE THE ACCOUNTS OF THE JOHN | NICHOLAS BROWN CENTER FOR THE STUDY OF AMERICAN CIVILIZATION, BROWN FACULTY CLUB, FARVIEW INCORPORATED (A REAL ESTATE HOLDING COMPANY), AND KARING. ALL OF WHICH ARE SEPARATE ENTITIES THAT ARE CONSOLIDATED IN THE FINANCIAL STATEMENTS. BROWN UNIVERSITY AND THESE CONSOLIDATED ENTITIES ARE COLLECTIVELY REFERRED TO HEREIN AS THE UNIVERSITY. ALL SIGNIFICANT INTER-ENTITY TRANSACTIONS AND BALANCES HAVE BEEN ELIMINATED IN CONSOLIDATION. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (5 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| Brown University Research Foundation | ||||||||||
| c/o Brown University Controllers O | Providence | RI | 02912 | 050390989 | Support Brown | RI | 501(c)(3) | 11d | BROWN | true |
| John Nicholas Brown Center | ||||||||||
| c/o Brown University Controllers O | Providence | RI | 02912 | 222506553 | Support Brown | RI | 501(c)(3) | 11a | BROWN | true |
| Farview Inc | ||||||||||
| c/o Brown University Controllers O | Providence | RI | 02912 | 222665046 | Support Brown | RI | 501(c)(2) | n/a | BROWN | true |
| Brown Faculty Club | ||||||||||
| One Magee Street | Providence | RI | 02712 | 510192393 | Support Brown | RI | 501(c)(7) | n/a | BROWN | true |
| KARING | ||||||||||
| 110 S MAIN STREET | PROVIDENCE | RI | 02912 | 272862779 | SUPPORT BROWN | RI | 501(C)(4) | N/A | BROWN | true |
Form990 Schedule R Part IV Form990ScheduleRPartIV (4 entries)
| Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity |
|---|---|---|---|
| CHARITABLE GIFT ANNUITY FUND (2) | |||
| SUPPORT | RI | NA | TRUST |
| CHARITABLE REMAINDER ANNUITY TRUST (7) | |||
| SUPPORT | RI | NA | TRUST |
| CHARITABLE REMAINDER UNITRUST (67) | |||
| SUPPORT | RI | NA | TRUST |
| POOLED INCOME (5) | |||
| SUPPORT | RI | NA | TRUST |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | true | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | true | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| KARING | ||
| F | 22468680 | CARRYOVER BASIS |
| KARING | ||
| P | 34983498 | COST |
Form990 Schedule R Part VII Form990ScheduleRPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE R, PART IV, LINE 1 | Identifier |
| Return Reference | TRUSTS ARE DOMICILED IN RHODE ISLAND AND CALIFORNIA. | ReturnReference |
| Explanation | SCHEDULE R, PART IV, LINE 3 TRUSTS ARE DOMICILED IN RHODE ISLAND, CALIFORNIA, AND MASSACHUSETTS. SCHEDULE R, PART V, LINE 1F KARING PURCHASED THE LAND AND BUILDINGS AT 222 & 280 RICHMOND ST. PROVIDENCE, RI FROM BROWN UNIVERSITY. THE LAND AND BUILDINGS WERE PURCHASED AT CARRY-OVER BASIS FROM BROWN UNIVERSITY AT THE DATE OF ACQUISITION. SCHEDULE R, PART V, LINE 1M & 1N FOR BROWN UNIVERSITY RESEARCH FOUNDATION, JOHN NICHOLAS BROWN CENTER, FAIRVIEW, AND THE BROWN FACULTY CLUB - THE EXPENSES FOR THESE RELATED ORGANIZATIONS ARE PAID DIRECTLY BY BROWN UNIVERSITY. THERE IS NO REIMBURSEMENT PAID BY ANY OF THESE RELATED ORGANIZATIONS TO BROWN UNIVERSITY. SCHEDULE R, PART V, LINE 1P KARING REIMBURSED BROWN FOR EXPENSES RELATED TO CONSTRUCTION IN PROGRESS WHICH BROWN PAID DURING THE FISCAL YEAR ENDED 6/30/11. THE AMOUNTS REIMBURSED WERE BASED UPON COST OF CONSTRUCTION PAID BY BROWN UNIVERSITY. | Explanation |