2022-05-16T15:08:27-05:00 2021-06-30 135565207 KPMG LLP 60 SOUTH STREET BOSTON MA 02111 990 2020-07-01 042103552 BRANDEIS UNIVERSITY BRAN 7817362000 PO BOX 9110 WALTHAM MA 024549110 SAMUEL SOLOMON CFO AND TREASURER 7817362000 2022-05-16 1 SAMUEL SOLOMON 999009999 GENEVA FURLANO P01877392 6179881000 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z RONALD LIEBOWITZ PO BOX 9110 WALTHAM MA 024549110 717068008 0 X WWW.BRANDEIS.EDU X 1947 MA SEE SCHEDULE O 44 41 5108 1632 -1640697 211279 54711068 27153598 389017866 362102384 5584314 5401330 8079629 4945166 457392877 399602478 114541175 112513964 0 0 215174488 208377383 0 0 12898634 148258058 138437438 477973721 459328785 -20580844 -59726307 1638021472 1811655582 407782210 364299098 1230239262 1447356484 AS A RESEARCH UNIVERSITY, BRANDEIS UNIVERSITY IS DEDICATED TO THE ADVANCEMENT OF THE HUMANITIES, ARTS AND SOCIAL, NATURAL AND PHYSICAL SCIENCES. AS A LIBERAL ARTS COLLEGE, BRANDEIS AFFIRMS THE IMPORTANCE OF A BROAD AND CRITICAL EDUCATION IN ENRICHING THE LIVES OF STUDENTS. 0 0 301939282 105102557 266442909 INSTRUCTIONAL AND ACADEMIC SUPPORT:BRANDEIS UNIVERSITY IS A RARE COMBINATION OF A LIBERAL ARTS COLLEGE AND A GLOBAL RESEARCH UNIVERSITY. OUR STUDENT BODY NUMBERS 5,000, INCLUDING UNDERGRADUATES AND GRADUATE STUDENTS. WE HAVE A GRADUATE SCHOOL OF ARTS AND SCIENCES AND TWO PROFESSIONAL SCHOOLS, THE HELLER SCHOOL FOR SOCIAL POLICY AND MANAGEMENT AND THE INTERNATIONAL BUSINESS SCHOOL. THE RABB SCHOOL OF CONTINUING STUDIES OFFERS GRADUATE PROFESSIONAL PROGRAMS FOR PART-TIME STUDENTS. MANY ACADEMIC PROGRAMS ARE ENRICHED BY MYRIAD INTERACTIONS WITH THE NUMEROUS OTHER LEADING UNIVERSITIES IN THE AREA. WE WORK TO CONNECT THEORY AND PRACTICE THROUGH FIELD WORK AND EXPERIENTIAL LEARNING. 57955660 7411407 66385771 SPONSORED PROGRAMS INCLUDE VARIOUS RESEARCH AND INSTRUCTIONAL PROGRAMS FUNDED BY EXTERNAL PARTIES, INCLUDING THE FEDERAL GOVERNMENT, FOREIGN AND STATE GOVERNMENTS AND PRIVATE FOUNDATIONS AND CORPORATIONS. BRANDEIS RESEARCH IS AT THE HEART OF MANY SOCIETAL, ARTISTIC, INTELLECTUAL AND SCIENTIFIC ADVANCES. RESEARCH AT BRANDEIS IS INTERDISCIPLINARY, BOLD AND COLLABORATIVE. IT'S AN APPROACH THAT ENABLES THE FACULTY TO LEVERAGE THE RELATIVELY SMALL SIZE OF THE UNIVERSITY TO ACHIEVE AN IMPACT WELL BEYOND THE SUM OF ITS PARTS. BRANDEIS IS WHOLLY COMMITTED TO THE PROPOSITION THAT BASIC RESEARCH IS THE ENGINE OF INNOVATION IN HUMAN HEALTH AND WELL-BEING. 40280211 30189438 AUXILIARY ENTERPRISES: BRANDEIS UNIVERSITY SERVES THE NEEDS AND INTERESTS OF STUDENTS AND HAS BROAD RESPONSIBILITY FOR THE SERVICES AND ACTIVITIES THAT ENHANCE THE QUALITY OF STUDENT LIFE OUTSIDE THE CLASSROOM. THESE SERVICES AND ACTIVITIES INCLUDE BUT ARE NOT LIMITED TO COMMUNITY LIVING, DINING SERVICES, HEALTH CENTER, PSYCHOLOGICAL COUNSELING CENTER, AND INTERFAITH CHAPLAINCY. 400175153 1 1 0 1 0 1 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 1 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 1 1 0 0 0 1 6277 0 1 5108 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 44 41 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AZ CA FL MD MA NJ NY X X X SAMUEL SOLOMON CFO AND TREASURER 7817362000 415 SOUTH STREET WALTHAM MA 02454 RONALD LIEBOWITZ PRESIDENT 60.00 X X 798798 0 233204 MEYER KOPLOW TRUSTEE - CHAIR 2.00 X X 0 0 0 LISA R KRANC TRUSTEE - CHAIR 2.00 X X 0 0 0 FRANCES R BERMANZOHN TRUSTEE - VICE CHAIR 2.00 X X 0 0 0 DANIEL J JICK TRUSTEE - VICE CHAIR 2.00 X X 0 0 0 CURTIS H TEARTE TRUSTEE - VICE CHAIR 2.00 X X 0 0 0 ELLEN L KAPLAN TRUSTEE - SECRETARY 2.00 X X 0 0 0 LESLIE M ARONZON TRUSTEE 1.00 X 0 0 0 JAYNE G BEKER TRUSTEE 1.00 X 0 0 0 CYNTHIA L BERENSON TRUSTEE 1.00 X 0 0 0 BONNIE A BERGER TRUSTEE 1.00 X 0 0 0 DEBORAH BIAL TRUSTEE 1.00 X 0 0 0 DANIEL BLUMENTHAL TRUSTEE 1.00 X 0 0 0 LEWIS H BROOKS TRUSTEE 1.00 X 0 0 0 STEVEN M BUNSON TRUSTEE 1.00 X 0 0 0 MERLE R CARRUS TRUSTEE 1.00 X 0 0 0 JONATHAN G DAVIS TRUSTEE 1.00 X 0 0 0 BARBARA A DORTCH-OKARA TRUSTEE 1.00 X 0 0 0 NANCY A DREYER TRUSTEE 1.00 X 0 0 0 MADALYN E FRIEDBERG TRUSTEE 1.00 X 0 0 0 RONALD L KAISERMAN TRUSTEE 1.00 X 0 0 0 LINDA HELLER KAMM TRUSTEE 1.00 X 0 0 0 STEPHEN B KAY TRUSTEE 1.00 X 0 0 0 JOSHUA M KRAFT TRUSTEE 1.00 X 0 0 0 MARTIN R KUPFERBERG TRUSTEE 1.00 X 0 0 0 GEORG B MUZICANT TRUSTEE 1.00 X 0 0 0 SYLVIA M NEIL TRUSTEE 1.00 X 0 0 0 MONIQUE L NELSON TRUSTEE 1.00 X 0 0 0 LOUIS PERLMUTTER TRUSTEE 1.00 X 0 0 0 GREGORY A PETSKO TRUSTEE 1.00 X 0 0 0 RON RATNER TRUSTEE 1.00 X 0 0 0 STEPHEN R REINER TRUSTEE 1.00 X 0 0 0 ADAM RIFKIN TRUSTEE 1.00 X 0 0 0 CAROL R SAIVETZ TRUSTEE 1.00 X 0 0 0 BARBARA Z SANDER TRUSTEE 1.00 X 0 0 0 MINDY L SCHNEIDER TRUSTEE 1.00 X 0 0 0 CYNTHIA SHAPIRA TRUSTEE 1.00 X 0 0 0 BRAM SHAPIRO TRUSTEE 1.00 X 0 0 0 MALCOM L SHERMAN TRUSTEE 1.00 X 0 0 0 MARK A SURCHIN TRUSTEE 1.00 X 0 0 0 BARTON J WINOKUR TRUSTEE 1.00 X 0 0 0 BING-LE WU TRUSTEE 1.00 X 0 0 0 LAN XUE TRUSTEE 1.00 X 0 0 0 XIRU ZHANG TRUSTEE 1.00 X 0 0 0 ORLA O'BRIEN ASSISTANT SECRETARY 50.00 X 122828 0 12168 LISA LYNCH PROVOST 50.00 X 512584 0 63392 STEWART URETSKY EVP FINANCE AND ADMINISTRATION 50.00 X 506166 0 23831 SAMUEL SOLOMON CFO AND TREASURER 50.00 X 307091 0 47573 CAROL FIERKE PROVOST (AS OF 01/2021) 50.00 X 0 0 0 NICHOLAS WARREN CHIEF INVESTMENT OFFICER 50.00 X 779656 0 61336 STEVEN LOCKE SVP, GENERAL COUNSEL 50.00 X 226739 0 41606 JAMES LA CRETA CHIEF INFORMATION OFFICER 50.00 X 313558 0 33236 ZAMIRA KORFF SVP INSTITUTIONAL ADVANCEMENT 50.00 X 476243 0 68403 DAN KIM SVP COMMUNICATIONS 50.00 X 263920 0 43104 LOIS STANLEY VP CAMPUS OPERATIONS 50.00 X 247213 0 38549 ROBIN SWITZER VP OF HR 50.00 X 236345 0 8333 WILLIAM O'REILLY CHIEF OF STAFF 50.00 X 228396 0 11531 EDWARD HACKETT VP RESEARCH THRU 12/2020 50.00 X 261431 0 11288 DEBORAH SHUFRIN DIRECTOR OF INVESTMENTS 50.00 X 403198 0 28668 IRVING EPSTEIN FACULTY 50.00 X 326202 0 16428 KATHRYN GRADDY DEAN 50.00 X 410666 0 49107 DEBARSHI NANDY FACULTY 50.00 X 319965 0 54390 ANNA SCHERBINA FACULTY 50.00 X 325273 0 17420 7066272 0 863567 444 0 1 0 SODEXO INC 9801 WASHINGTONIAN BOULEVARD GAITHERSBURG MD 20878 FOOD SERVICE 20567139 COMMODORE BUILDERS 404 WYMAN STREET SUITE 400 WALTHAM MA 02451 CONSTRUCTION 6169430 HURON CONSULTING GROUP LLC 550 W VAN BUREN STREET CHICAGO IL 60607 IT CONSULTANT 3995017 THE BROAD INSTITUTE INC 415 MAIN STREET CAMBRIDGE MA 021421401 COVID-19 TESTING 2320000 SIGNATURE COMMERCIAL SOLUTIONS 200 W CYPRESS CREEK ROAD SUITE 40 FORT LAUDERDALE FL 33309 TEMP STAFFING 2043469 170 336015 82922 26734661 2637502 27153598 TUITION & FEES 611710 261673940 261673940 SPONSORED PROGRAMS 611710 66385771 66385771 AUXILIARY SERVICES 721000 30189438 30189438 FOSTER BIO LAB 611710 145614 145614 CONTRACTUAL INCOME 900099 121719 121719 3585902 3585902 362102384 3178123 -3425593 6603716 23962 23962 2416610 2416610 1612822 0 1612822 1612822 1096378 516444 319661953 317378801 83907 2283152 -83907 2199245 542904 1656341 2822 82922 2822 0 MISCELLANEOUS INCOME 611710 915734 915734 915734 399602478 362872504 -1640697 11217073 4212941 4212941 108277344 108277344 23679 23679 5100811 677307 3735174 688330 227254 227254 171186402 147221576 14909828 9054998 186033 170735 5039 10259 19552150 16422941 2051123 1078086 12124733 10315813 1150354 658566 935624 551704 381220 2700 322341 322341 7678 7678 3429677 3429677 5746547 3890702 1452775 403070 1142319 1106149 30490 5680 11076081 8405763 2241134 429184 8554158 4938702 3594290 21166 19652384 15809166 3835696 7522 498515 393882 99101 5532 366360 345844 9721 10795 11822622 9218355 2604267 27613073 25695081 1917992 2101196 11200 2089996 DINING SERVICES 17572348 17544513 26267 1568 STIPENDS AND FELLOWSHIP 8774436 8770239 4197 LIBRARY 4551337 4549025 2226 86 STUDY ABROAD PAYMENTS 485044 485044 13785698 10902516 2362090 521092 459328785 400175153 46254998 12898634 12263971 22405592 62184111 18448393 11751408 7678483 18102803 21071042 7594582 6233201 474214 543158 17380866 26108657 871146838 512694125 360799121 358452713 104921545 76229146 994537741 1238605116 48011110 35880081 1638021472 1811655582 30188146 37920960 22728074 18963938 264059043 253152237 28275000 27650000 35000000 0 27531947 26611963 407782210 364299098 X 182889973 205659294 1047349289 1241697190 1230239262 1447356484 1638021472 1811655582 X -59726307 279297913 -2454384 X 0 1 X 1 1 1 X 79939479 45233439 41754856 54711068 27153598 248792440 79939479 45233439 41754856 54711068 27153598 248792440 44398431 204394009 12648338 15456642 13175283 6228097 9560732 57069092 130592 109740 131890 140306 2822 515350 306376882 1868577275 0.66710 0.67680 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: EVENT REVENUE AND OTHER MISCELLANEOUS INCOME - 2016 AMOUNT: $ 130,592. 2017 AMOUNT: $ 109,740. 2018 AMOUNT: $ 131,890. 2019 AMOUNT: $ 140,306. 2020 AMOUNT: $ 2,822. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 1 7678 0 7678 0 PART II-B, LINE 1: THE UNIVERSITY IS A MEMBER OF VARIOUS NATIONAL AND STATE ORGANIZATIONS, SUCH AS ASSOCIATION OF AMERICAN UNIVERSITIES, ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES IN MASSACHUSETTS, NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS, NATIONAL ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES AND THE NEW ENGLAND COUNCIL, INC. MEMBERSHIP FEES TO THESE ORGANIZATIONS ALLOCABLE TO LOBBYING ACTIVITIES AMOUNTED TO $7,678. 11 45643 14950 1125909 1 1 X X X X 0 1073589245 7267347 271284958 20762020 35678107 9699722 1286001701 1073525864 18320825 39388112 21432479 34429939 1783138 1073589245 1046386224 19978652 58779655 21139541 30479126 1073525864 976887018 23964663 95171930 18988748 30648639 1046386224 866777766 62895086 95868789 16645319 32009304 976887018 0.09670 0.54510 0.35810 0 0 47903754 47903754 415438365 204556231 210882134 226812675 193927311 32885364 150744809 114210583 36534226 30247235 30247235 358452713 GLOBAL EQUITY 101687211 F NON-U.S. EQUITY 243118723 F PRIVATE EQUITY 293468296 F HEDGE FUND/CREDIT 448000403 F REAL ASSETS 120921332 F CASH EQUIVALENTS AND OTHER 31409151 F 1238605116 ESTIMATED LIABILITY TO ANNUITANTS 11149858 DEFERRED COMPENSATION AND SEVERANCE 266968 ENVIRONMENTAL LIABILITY 5639800 REFUNDABLE STUDENT LOAN ADVANCES 2931475 CAPITAL LEASE LIABILITY 6623862 26611963 X 567913775 279297913 -107556939 171740974 396172801 3429677 3429677 399602478 350796551 0 350796551 3429677 105102557 108532234 459328785 PART III, LINE 1A: COLLECTIONS OF ART COLLECTIONS AT BRANDEIS UNIVERSITY ARE PROTECTED AND PRESERVED FOR PUBLIC EXHIBITION, EDUCATION, RESEARCH AND THE FURTHERANCE OF PUBLIC SERVICE. COLLECTIONS ARE NOT CAPITALIZED; SALES AND PURCHASES OF COLLECTION ITEMS ARE RECORDED AS NON-OPERATING REVENUE AND EXPENSES IN THE UNIVERSITY'S FINANCIAL STATEMENTS IN THE PERIOD IN WHICH THE ITEMS ARE SOLD OR ACQUIRED, RESPECTIVELY. PART III, LINE 4: FOUNDED IN 1961, THE ROSE ART MUSEUM (THE ROSE) IS AN INTEGRAL PART OF BRANDEIS UNIVERSITY. THE ROSE IS AN EDUCATIONAL AND CULTURAL MUSEUM DEDICATED TO COLLECTING, PRESERVING AND EXHIBITING THE FINEST OF MODERN AND CONTEMPORARY ART. THE PROGRAMS OF THE ROSE ADHERE TO THE OVERALL MISSION OF THE UNIVERSITY, EMBRACING ITS VALUES OF ACADEMIC EXCELLENCE, SOCIAL JUSTICE, AND FREEDOM OF EXPRESSION. THE ROSE IS ACTIVE IN THE ACADEMIC, CULTURAL, AND SOCIAL LIFE OF BRANDEIS. THE ROSE SEEKS TO STIMULATE PUBLIC AWARENESS AND DISSEMINATE KNOWLEDGE OF MODERN AND CONTEMPORARY ART TO ENRICH EDUCATIONAL, CULTURAL, AND ARTISTIC COMMUNITIES REGIONALLY, NATIONALLY, AND INTERNATIONALLY. IT PROMOTES LEARNING AND UNDERSTANDING OF THE EVOLVING MEANINGS, IDEAS, AND FORMS OF VISUAL ART RELEVANT TO CONTEMPORARY SOCIETY. PART V, LINE 4: ENDOWMENT FUNDS BRANDEIS UNIVERSITY'S ENDOWMENT AND QUASI-ENDOWMENT CONSISTS OF APPROXIMATELY 2,000 INDIVIDUAL ENDOWMENT ACCOUNTS ESTABLISHED FOR A VARIETY OF PURPOSES IN ACCORDANCE WITH THE APPLICABLE LAW AND DONOR INTENT AND FUNDS DESIGNATED BY THE UNIVERSITY'S BOARD TO OPERATE AS ENDOWMENT (QUASI-ENDOWMENT). A MAJORITY OF THE FUNDS PROVIDE SCHOLARSHIPS AND FINANCIAL AID ASSISTANCE TO UNDERGRADUATE AND GRADUATE STUDENTS. OTHER USES OF THE FUNDS INCLUDE, BUT ARE NOT LIMITED TO, SUPPORT FOR FELLOWSHIPS, THE CREATION AND FUNDING OF ENDOWED CHAIRS AND PROFESSORSHIPS, AND SUPPORT FOR THE UNIVERSITY'S TEACHING AND RESEARCH ACTIVITIES. THE UNIVERSITY'S ENDOWMENT INVESTMENT OBJECTIVES ARE TO MAXIMIZE RISK-ADJUSTED RETURNS FOR A LONG-TERM HORIZON. THE ENDOWMENT INTENDS TO ACHIEVE ITS OBJECTIVES BY INVESTING IN MULTIPLE ASSET CLASSES. IN ORDER TO MEET THE PRIMARY INVESTMENT GOALS FOR ENDOWMENT FUNDS, THE AVERAGE ANNUAL NET TOTAL RETURN OVER AN EXTENDED PERIOD, AFTER ADJUSTING FOR INFLATION, IS DEEMED SUFFICIENT TO SUPPORT THE SPENDING RATE AS DETERMINED BY THE UNIVERSITY'S BOARD OF TRUSTEES. TO HAVE A REASONABLE PROBABILITY OF ACHIEVING THE ENDOWMENT'S PRIMARY INVESTMENT GOAL AT AN ACCEPTABLE RISK LEVEL, THE INVESTMENT COMMITTEE HAS ADOPTED A LONG-TERM ASSET ALLOCATION POLICY. PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE THE UNIVERSITY IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED (THE CODE), AND IS GENERALLY EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. THE UNIVERSITY IS REQUIRED TO ASSESS UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT THERE WERE NO SUCH POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -105,102,557. CHANGE IN VALUE OF SPLIT INTEREST -2,454,382. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 105,102,557. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 SEE SUPPLEMENTAL INFO PART I, LINE 3 NONDISCRIMINATION POLICY THE UNIVERSITY'S NON-DISCRIMINATION AND HARASSMENT POLICY IS PUBLICIZED IN THE STUDENT HANDBOOK AND HUMAN RESOURCE AND EMPLOYEE RELATIONS POLICY AND PROCEDURES MANUAL ON THE BRANDEIS WEBSITE. THE POLICY APPLIES TO ALL BRANDEIS STUDENTS, FACULTY AND STAFF. NOTICE OF NONDISCRIMINATION POLICY IS ALSO AVAILABLE ON BRANDEIS UNIVERSITY'S HOMEPAGE. BRANDEIS UNIVERSITY IS COMMITTED TO AND STRIVES TO CREATE AN EDUCATIONAL AND WORK ENVIRONMENT FREE OF DISCRIMINATION, HARASSMENT & SEXUAL VIOLENCE. BRANDEIS PROHIBITS DISCRIMINATION AND HARASSMENT AGAINST STUDENTS, STAFF, AND FACULTY ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, ETHNICITY, CASTE, SEX, PREGNANCY, SEXUAL ORIENTATION, GENDER IDENTITY/EXPRESSION, INCLUDING TRANSGENDER IDENTITY, RELIGION, DISABILITY, AGE, GENETICS, ACTIVE MILITARY OR VETERAN STATUS AND ANY OTHER CHARACTERISTICS PROTECTED UNDER APPLICABLE FEDERAL OR MASSACHUSETTS LAW, KNOWN AS "PROTECTED CATEGORIES." BRANDEIS ALSO PROHIBITS SEXUAL VIOLENCE AGAINST STUDENTS, STAFF AND FACULTY WHICH INCLUDES SEXUAL ASSAULT, STALKING, DATING VIOLENCE, AND DOMESTIC VIOLENCE. SOME OF THE STATE AND FEDERAL LAWS APPLICABLE TO ISSUES OF DISCRIMINATION, HARASSMENT, AND SEXUAL VIOLENCE INCLUDE TITLE VII OF THE 1964 CIVIL RIGHTS ACT, AND ITS STATE COUNTERPART, M.G.L. C. 151B; TITLE VI OF THE 1964 CIVIL RIGHTS ACT; TITLE IX OF THE 1972 EDUCATION AMENDMENTS; THE VIOLENCE AGAINST WOMEN ACT (VAWA); THE AMERICANS WITH DISABILITY ACT (ADA) AND THE ADA AMENDMENTS ACTS (ADAAA); SECTION 503 AND 504 OF THE REHABILITATION ACT; AND THE AGE DISCRIMINATION IN EMPLOYMENT ACT (ADEA). BRANDEIS UNIVERSITY AFFIRMS ITS COMMITMENT TO EQUAL OPPORTUNITY AND AFFIRMATIVE ACTION AND DOES NOT DISCRIMINATE IN ITS EDUCATIONAL PROGRAMS OR ACTIVITIES, OR IN EMPLOYMENT BASED ON ANY OF THE PROTECTED CATEGORIES. PART I, LINE 6A FUNDS FROM GOVERNMENT AGENCIES THE UNIVERSITY RECEIVED FUNDS FROM VARIOUS GOVERNMENTAL AGENCIES FOR THE PURPOSE OF PROVIDING FINANCIAL ASSISTANCE TO QUALIFIED RECIPIENTS, TO SUPPORT SPONSORED RESEARCH AND THE CONSTRUCTION OF EDUCATIONAL FACILITIES. 1 EAST ASIA AND THE PACIFIC PROGRAM SERVICES STUDY ABROAD 459000 EUROPE (INCLUDING ICELAND & GREENLAND) PROGRAM SERVICES CERN 995278 CENTRAL AMERICA AND THE CARIBBEAN PROGRAM SERVICES RESEARCH 2500 EAST ASIA AND THE PACIFIC PROGRAM SERVICES RESEARCH 163923 EUROPE (INCLUDING ICELAND & GREENLAND) PROGRAM SERVICES RESEARCH 151729 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES RESEARCH 33280 NORTH AMERICA PROGRAM SERVICES RESEARCH 53198 RUSSIA AND NEIGHBORING STATES PROGRAM SERVICES RESEARCH 26662 SOUTH AMERICA PROGRAM SERVICES RESEARCH 204163 SOUTH ASIA PROGRAM SERVICES RESEARCH 19942 SUB-SAHARAN AFRICA PROGRAM SERVICES RESEARCH 11154 CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 514085754 0 0 0 0 0 0 1885570 514321013 516206583 SCHOLARSHIP AND FINANCIAL AID EAST ASIA AND THE PACIFIC 9 23679 SEE PART V 1 0 1 1 1 0 PART I, LINE 2: PROCEDURE FOR MONITORING USE OF GRANT FUNDS TO INDIVIDUALS: BRANDEIS UNIVERSITY PROVIDES GRANTS AND SCHOLARSHIPS TO STUDENTS THAT ARE STUDYING ABROAD. THE UNIVERSITY ENSURES THAT SUCH GRANTS AND OTHER ASSISTANCE ARE USED FOR STUDY ABROAD PURPOSES OR ARE NOT OTHERWISE DIVERTED FROM THE INTENDED USE BY DIRECTLY APPLYING THE GRANTS AND ASSISTANCE TO THE STUDY ABROAD INSTITUTIONS. PART III ACCOUNTING METHOD: PART III, COLUMN (E) MANNER OF CASH DISBURSEMENT: STUDENT SCHOLARSHIPS AND FINANCIAL AID TO STUDENTS ARE CREDITED TO EACH STUDENT'S ACCOUNT AND PAID DIRECTLY TO THE INSTITUTIONS AT WHICH THE STUDENT IS STUDYING ABROAD. ZOOM EVENT SERIES 25766 25766 UOW WITH HADASSAH 7364 7364 48 52614 49792 2822 985 223 1614 85744 82922 2822 985 223 1614 2822 0 1 AUTISTIC SELF ADVOCACY NETWORK PO BOX 66122 WASHINGTON DC 20035 261270198 501(C)(3) 60000 RESEARCH BOSTON UNIVERSITY 881 COMMONWEATLH AVENUE BOSTON MA 02215 042103547 501(C)(3) 38095 RESEARCH BROWN UNIVERSITY PO BOX 1839 PROVIDENCE RI 029121839 050258809 501(C)(3) 232075 RESEARCH COMAGINE HEALTH 10700 MERIDIAN AVE N SUITE 300 PO BOX 33400 SEATTLE WA 98133 911072875 501(C)(3) 170244 RESEARCH COMMONWEALTH OF MASSACHUSETTS 1 ASHBURTON PLACE BOSTON MA 02108 046002284 GOV'T 19833 RESEARCH DISABILITY POLICY CONSORTIUM 11 DARTMOUTH STREET SUITE 301 MALDEN MA 02148 043570281 501(C)(3) 61236 RESEARCH DISABILITY RIGHTS EDUC & DEFENSE FUND 3075 ADELINE STREET SUITE 210 BERKELEY CA 94703 942620758 501(C)(3) 51466 RESEARCH HEALTHPARTNERS INSTITUTE 8170 33RD AVENUE SOUTH BLOOMINGTON MN 554254516 411693838 501(C)(4) 10411 RESEARCH HEBREW SENIOR LIFE 1200 CENTRE STREET ROSLINDALE MA 02131 042104298 501(C)(3) 105993 RESEARCH HENRY M JACKSON FOUNDATION FOR THE ADVANCEMENT OF MILITARY MEDICINE 6720A ROCKLEDGE DR BETHESDA MD 20817 521317896 501(C)(3) 24648 RESEARCH HUMAN SERVICES RESEARCH INSTITUTE 2336 MASSACHUSETTS AVENUE CAMBRIDGE MA 02140 521039368 501(C)(3) 10227 RESEARCH JOHNS HOPKINS UNIVERSITY 3910 KESWICK ROAD NO N4327B BALTIMORE MD 21211 520595110 501(C)(3) 20298 RESEARCH KEENE STATE COLLEGE 229 MAIN STREET KEENE NH 03435 026000937 501(C)(3) 11000 RESEARCH KENNELL AND ASSOCIATES INC 3130 FAIRVIEW PARK DRIVE SUITE 450 FALLS CHURCH VA 22042 541771141 CORPORATE 36761 RESEARCH LIBERTY HOSPITAL FOUNDATION 2525 GLENN HENDREN DRIVE PO BOX 1002 LIBERTY MO 64069 431356176 501(C)(3) 8694 RESEARCH MAIN LINE HOSPITALS INC 3803 WEST CHESTER PIKE SUITE 250 NEWTOWN SQUARE PA 19073 231352160 501(C)(3) 16922 RESEARCH MASSACHUSETTS GENERAL HOSPITAL 55 FRUIT STREET BOSTON MA 02114 041564655 501(C)(3) 22073 RESEARCH MAYO CLINIC 200 FIRST ST SW ROCHESTER MN 55905 416011702 501(C)(3) 15000 RESEARCH NEW YORK UNIVERSITY 105 E 17TH STREET 2ND FLOOR NEW YORK NY 100039580 135562308 501(C)(3) 335278 RESEARCH NORC 55 E MONROE STREET 20TH FLOOR CHICAGO IL 60603 362167808 501(C)(3) 152039 RESEARCH NORTHEASTERN UNIVERSITY 360 HUNTINGTON AVE BOSTON MA 02115 041679980 501(C)(3) 173093 RESEARCH OREGON STATE UNIVERSITY 1500 SW JEFFERSON STREET CORVALLIS OR 973318655 611730890 501(C)(3) 145458 RESEARCH OWENSBORO HEALTH FOUNDATION INC 1201 PLEASANT VALLEY ROAD OWENSBORO KY 42303 611251763 501(C)(3) 15263 RESEARCH PALO ALTO INSTITUTE FOR RESEARCH 3801 MIRANDA AVE 151P PALO ALTO CA 943040038 770207331 501(C)(3) 94385 RESEARCH PINE REST CHRISTIAN MENTAL HEALTH SERVICES 300 68TH STREET SE GRAND RAPIDS MI 49548 381368360 501(C)(3) 14289 RESEARCH PRESBYTERIAN HEALTHCARE FOUNDATION PO BOX 26666 ALBUQUERQUE NM 87125 856016041 501(C)(3) 6836 RESEARCH PRESIDENT AND FELLOWS OF HARVARD COLLEGE PO BOX 415649 BOSTON MA 022415649 042103580 501(C)(3) 452467 RESEARCH PROMEDICA HEALTH SYSTEM 100 MADISON AVENUE TOLEDO OH 43604 341517671 501(C)(3) 12500 RESEARCH PROVIDENCE GENERAL FOUNDATION 1801 LIND AVE SW RENTON WA 98057 911041617 501(C)(3) 11487 RESEARCH REGENTS OF THE UNIVERSITY OF CALIFORNIA 220 MONTGOMERY STREET SAN FRANCISCO CA 94104 946036493 501(C)(3) 92627 RESEARCH REGENTS OF THE UNIVERSITY OF MICHIGAN 500 S STATE STREET ANN ARBOR MI 48109 386006309 501(C)(3) 164076 RESEARCH REGENTS OF THE UNIVERSITY OF MINNESOTA 3 MORRILL HALL 100 CHURCH ST SE MINNEAPOLIS MN 55455 416007513 GOV'T 26574 RESEARCH RHODE ISLAND HOSPITAL 593 EDDY STREET PROVIDENCE RI 02903 050258954 501(C)(3) 21065 RESEARCH RIGHT QUESTION INSTITUTE 2464 MASSACHUSETTS AVENUE SUITE 314 CAMBRIDGE MA 02140 043099027 501(C)(3) 24000 RESEARCH ROCHESTER INSTITUTE OF TECHNOLOGY 46 LOMB MEMORIAL DRIVE ROCHESTER NY 14623 160743140 501(C)(3) 47428 RESEARCH SAINT JOSEPH MERCY HEALTH SYSTEM PO BOX 995 SUITE 2B-05 ANN ARBOR MI 481060995 382113393 501(C)(3) 22935 RESEARCH SCOTT & WHITE HEALTHCARE FOUNDATION 301 N WASHINGTON AVENUE DALLAS TX 75246 273513154 501(C)(3) 13960 RESEARCH SOJOURN CHAPLAINCY 1001 POTRERO AVENUE SAN FRANCISCO CA 94110 941156840 501(C)(3) 12500 RESEARCH STANLEY STREET TREATMENT AND RESOURCES INC 386 STANLEY STREET FALL RIVER MA 02720 042604426 501(C)(3) 95720 RESEARCH THE BRIGHAM AND WOMEN'S HOSPITAL INC 75 FRANCIS STREET BOSTON MA 02115 042312909 501(C)(3) 17465 RESEARCH THE NEW YORK AND PRESBYTERIAN HOSPITAL 525 EAST 68TH STREET NEW YORK NY 10065 133957095 501(C)(3) 16963 RESEARCH THE OHIO STATE UNIVERSITY 1960 KENNY ROAD COLUMBUS OH 432101063 316025986 GOV'T 164009 RESEARCH THE RAND CORPORATION 1776 MAIN STREET SANTA MONICA CA 90401 951958142 501(C)(3) 45878 RESEARCH THE SCRIPPS RESEARCH INSTITUTE 10550 NORTH TORREY PINES ROAD LA JOLLA CA 92037 990435954 501(C)(3) 55568 RESEARCH THE UNIVERSITY OF WASHINGTON 4300 ROOSEVELT WAY NE BOX 354965 SEATTLE WA 98105 916001537 GOV'T 63664 RESEARCH TRUSTEES OF BOSTON COLLEGE 140 COMMONWEALTH AVE CHESTNUT HILL MA 02467 042103545 501(C)(3) 38163 RESEARCH TRUSTEES OF BOSTON UNIVERSITY 881 COMMONWEATLH AVENUE BOSTON MA 02215 042103547 501(C)(3) 86644 RESEARCH TRUSTEES OF TUFTS COLLEGE 419 BOSTON AVE MEDFORD MA 02155 042103634 501(C)(3) 200590 RESEARCH UNIDOSUS 1126 16TH STREET NW WASHINGTON DC 200364845 860212873 501(C)(3) 20000 RESEARCH UNIVERSITY OF COLORADO AT BOULDER 3100 MARINE STREET BOULDER CO 80309 846000555 501(C)(3) 50937 RESEARCH UNIVERSITY OF ILLINOIS 506 S WRIGHT STREET SUITE 352 URBANA IL 618013620 376000511 501(C)(3) 50037 RESEARCH UNIVERSITY OF MASSACHUSETTS - AMHERST CONTROLLERS OFFICE 405 GOODELL BUILDING 140 HICKS WAY AMHERST MA 010039272 043167352 GOV'T 38334 RESEARCH UNIVERSITY OF MASSACHUSETTS - WORCESTER 55 N LAKE AVE WORCESTER MA 01655 043167352 GOV'T 24768 RESEARCH UNIVERSITY OF MASSACHUSETTS LOWELL 220 PAWTUCKET ST LOWELL MA 01854 043167352 GOV'T 41856 RESEARCH UNIVERSITY OF MISSOURI-COLUMBIA AR PO BOX 807012 KANSAS CITY MO 641807012 436003859 GOV'T 76628 RESEARCH UNIVERSITY OF NEW HAMPSHIRE 9 EDGEWOOD RD DURHAM NH 03824 020437506 GOV'T 123206 RESEARCH UNIVERSITY OF SOUTH CAROLINA 1600 HAMPTON STREET SUITE 613 COLUMBIA SC 29208 576001153 GOV'T 24009 RESEARCH UT SOUTHWESTERN MEDICAL CENTER 5323 HARRY HINES BLVD DALLAS TX 753909020 756002868 501(C)(3) 50615 RESEARCH VASSAR COLLEGE 124 RAYMOND AVE BOX 12 POUGHKEEPSIE NY 12604 141338587 501(C)(3) 149357 RESEARCH VIRGINIA COMMONWEALTH UNIVERSITY 907 FLOYD AVE RICHMOND VA 23284 546001758 501(C)(3) 16963 RESEARCH 58 2 UNDERGRAD FINANCIAL AID 2277 69142858 MASTERS PROGRAM FINANCIAL AID 1072 20984842 DOCTORAL PROGRAM FINANCIAL AID 490 12738051 CONTINUING PROGRAM FINANCIAL AID 16 138418 OTHER FINANCIAL AID 67 187276 TRAINEE TUITION & FEES 251 1643272 TUITION DISCOUNT 139 244161 HIGHER EDUCATION EMERGENCY RELIEF FUND 2553 3198466 PART I, LINE 2: PROCEDURE OF MONITORING USE OF GRANTS TO GOVERNMENTAL AGENCIES AND GOVERNMENTS: THE UNIVERSITY MAINTAINS ITS GRANT FUNDS IN INDIVIDUAL GRANT ACCOUNTS AND IS REQUIRED TO BE AUDITED ANNUALLY. IN ADDITION, THE UNIVERSITY HAS ESTABLISHED RESEARCH POLICIES AND PROCEDURES AS GUIDELINES TO PRINCIPAL INVESTIGATORS IN MANAGING THEIR GRANT AT BRANDEIS UNIVERSITY. PART III PROCEDURE OF MONITORING USE OF GRANTS AND ASSISTANCE TO INDIVIDUALS: THE UNIVERSITY PROVIDES GRANTS AND SCHOLARSHIPS TO STUDENTS AND APPLIES THE FINANCIAL AID DIRECTLY CREDITING EACH STUDENT'S ACCOUNT. X X 1 1 X X X X X X 0 1 0 0 0 0 0 0 0 RONALD LIEBOWITZ PRESIDENT 675823 0 0 0 122975 0 191968 0 46436 0 1037202 0 0 0 NICHOLAS WARREN CHIEF INVESTMENT OFFICER 769304 0 0 0 10352 0 22800 0 42558 0 845014 0 0 0 LISA LYNCH PROVOST 455526 0 0 0 57058 0 24856 0 41495 0 578935 0 0 0 ZAMIRA KORFF SVP INSTITUTIONAL ADVANCEMENT 423516 0 50000 0 2727 0 22271 0 48968 0 547482 0 0 0 STEWART URETSKY EVP FINANCE AND ADMINISTRATION 468544 0 35000 0 2622 0 23831 0 2947 0 532944 0 0 0 KATHRYN GRADDY DEAN 370774 0 0 0 39892 0 20001 0 31751 0 462418 0 0 0 DEBORAH SHUFRIN DIRECTOR OF INVESTMENTS 402838 0 0 0 360 0 16249 0 14147 0 433594 0 0 0 DEBARSHI NANDY FACULTY 319605 0 0 0 360 0 15854 0 39812 0 375631 0 0 0 SAMUEL SOLOMON CFO AND TREASURER 302478 0 0 0 4613 0 15721 0 34197 0 357009 0 0 0 JAMES LA CRETA CHIEF INFORMATION OFFICER 311963 0 0 0 1595 0 12900 0 23021 0 349479 0 0 0 ANNA SCHERBINA FACULTY 320547 0 0 0 4726 0 15133 0 3520 0 343926 0 0 0 IRVING EPSTEIN FACULTY 324348 0 0 0 1854 0 15469 0 1992 0 343663 0 0 0 DAN KIM SVP COMMUNICATIONS 260308 0 0 0 3612 0 13500 0 31535 0 308955 0 0 0 LOIS STANLEY VP CAMPUS OPERATIONS 243446 0 0 0 3767 0 13000 0 27486 0 287699 0 0 0 EDWARD HACKETT VP RESEARCH THRU 12/2020 225752 0 0 0 35679 0 11288 0 1684 0 274403 0 0 0 STEVEN LOCKE SVP, GENERAL COUNSEL 223374 0 0 0 3365 0 12253 0 31096 0 270088 0 0 0 ROBIN SWITZER VP OF HR 233034 0 0 0 3311 0 8333 0 2181 0 246859 0 0 0 WILLIAM O'REILLY CHIEF OF STAFF 219094 0 0 0 9302 0 11531 0 1641 0 241568 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: THE UNIVERSITY PROVIDED PRESIDENT LIEBOWITZ WITH A HOUSING ALLOWANCE AS A CONDITION OF HIS EMPLOYMENT. THE VALUE OF SUCH HOUSING IS INCLUDABLE AS TAXABLE INCOME UNDER IRS CODE SECTION 119 (D). PERSONAL SERVICES: DURING CALENDAR YEAR 2020, THE UNIVERSITY REIMBURSED PRESIDENT LIEBOWITZ FOR PERSONAL LEGAL AND FINANCIAL SERVICE EXPENSES. THE AMOUNT PAID BY THE UNIVERSITY WAS INCLUDED IN THE INDIVIDUAL'S FORM W-2 AND REPORTED ON SCHEDULE J, PART II, COLUMN B(III). OTHER BUSINESS EXPENSES: THE UNIVERSITY REIMBURSES ITS OFFICERS AND KEY EMPLOYEES FOR ORDINARY AND NECESSARY BUSINESS EXPENSES INCURRED WHILE CONDUCTING BUSINESS OF THE UNIVERSITY. SUCH REIMBURSEMENT IS MADE UNDER AN ACCOUNTABLE PLAN AND REQUIRES SUBSTANTIATION USING THE ORIGINAL EXPENSE DOCUMENTATIONS AND APPROVAL BY APPROPRIATE PARTIES AS AUTHORIZED UNDER UNIVERSITY POLICY. PART I, LINE 4B DEFERRED COMPENSATION AGREEMENT PRESIDENT LIEBOWITZ PARTICIPATES IN A NONQUALIFIED DEFERRED COMPENSATION ARRANGEMENT UNDER IRS CODE SECTION 457(F). IN ACCORDANCE WITH HIS EMPLOYMENT AGREEMENT, THE UNIVERSITY WILL CREDIT A DEFERRED COMPENSATION ACCOUNT ON JUNE 30TH OF EVERY YEAR BEGINNING ON JUNE 30, 2017. THE DEFERRED COMPENSATION ACCOUNT WILL VEST EVERY THREE YEARS CONTINGENT UPON CONTINUOUS EMPLOYMENT. THE AMOUNT IS NOT VESTED OR TAXABLE AND IS INCLUDED IN SCHEDULE J, PART II, COLUMN (C) AS DEFERRED COMPENSATION. A MA DEVELOPMENT FINANCE AGENCY 2013 - SERIES P 043431814 000000000 2013-07-18 36500000 CONSTRUCTION, REFUND '04 BOND 0 0 0 B MA DEVELOPMENT FINANCE AGENCY 2017 - SERIES Q 043431814 000000000 2017-06-15 20000000 CONSTRUCTION 0 0 0 C MA DEVELOPMENT FINANCE AGENCY 2018 - SERIES R 043431814 57584YLJ6 2018-08-21 41421007 REFUND '08 BONDS 0 0 0 D MA DEVELOPMENT FINANCE AGENCY 2019 - SERIES S-1 043431814 000000000 2019-07-03 132703346 REFUND '10 BOND 0 0 0 A 6505243 36500000 403050 14951609 21145341 2014 1 0 1 1 B 1350000 20000000 20000000 2019 0 0 1 1 C 2045000 41421007 435572 40985435 1 0 1 1 D 6645000 132703346 815322 131888024 2020 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 1 1 1 0 0.01300 0.00060 0.01360 0 0 1 C 0 0 0 1 0 0.00420 0.00420 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 PART I, COLUMN F PROCEEDS FROM THE SERIES P BOND WERE USED FOR THE REFUND OF '04 BOND ISSUED ON 01/08/2004. PROCEEDS FROM THE SERIES S-1 BOND WERE USED FOR THE REFUND OF THE '10 BONDS ISSUED ON 03/09/2010. PART III, LINE 3A SERIES 2013, 2018, 2019 (S-1), AND 2019 (S-2) ALL MANAGEMENT AND SERVICE CONTRACTS IN BOND-FINANCED SPACE QUALIFY UNDER A PRIVATE BUSINESS USE SAFE HARBOR OR EXCEPTION OR ARE INCIDENTAL IN NATURE. THEREFORE, NO CONTRACTS RESULT IN PRIVATE BUSINESS USE. SERIES 2017 MANAGEMENT AND SERVICE CONTRACTS EXISTS IN BOND-FINANCED SPACE AND RESULT IN PRIVATE BUSINESS USE. THE PERCENTAGE OF FINANCED PROPRERTY USED IN PRIVATE BUSINESS RELATED TO THESE CONTRACTS IS INCLUDED ON PART III, LINE 4, COLUMN (C). PART IV, LINE 2C ARBITRAGE REBATE COMPUTATIONS: THE ARBITRAGE REBATE COMPUTATIONS FOR THE SERIES P, Q, R, S-1 AND S-2 BONDS WERE PERFORMED ON JUNE 30, 2021, JUNE 30, 2021, SEPTEMBER 30, 2021, JUNE 30, 2021, AND FEBRUARY 28, 2021, RESPECTIVELY. A MA DEVELOPMENT FINANCE AGENCY 2019 - SERIES S-2 043431814 575844PM5 2019-03-05 44292634 CONSTRUCTION OF BUILDINGS 0 0 0 A 44292634 263682 32039542 11989410 2021 0 0 0 1 A 0 0 0 1 0 0.00110 0.00110 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 ELANAH URETSKY S. URETSKY - EVP 102304 COMP 0 LUCY GOODHART S. KAY - TRUSTEE 37213 COMP 0 JESSICA LIEBOWITZ R. LIEBOWITZ - PRES 65409 COMP 0 MARGOT DAVIS J. DAVIS - TRUSTEE 22327 COMP 0 PART IV JESSICA LIEBOWITZ (SPOUSE OF UNIVERSITY PRESIDENT RONALD LIEBOWITZ), ELANAH URETSKY (SPOUSE OF UNIVERSITY EXECUTIVE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION STEWART URESTKY), MARGOT DAVIS (SPOUSE OF TRUSTEE JONATHAN DAVIS) AND LUCY GOODHART (DAUGHTER-IN-LAW OF TRUSTEE STEPHEN KAY) ARE EMPLOYEES OF THE UNIVERSITY. NONE OF THE OFFICERS OR TRUSTEES MENTIONED PARTICIPATED IN ESTABLISHING THEIR COMPENSATION. X 85 0 APPRAISAL X 134 2637502 AVERAGE OF HIGH LOW X MASKS 3300 0 60 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS THE UNIVERSITY IS REPORTING IN PART 1, COLUMN (B), THE NUMBER OF ITEMS RECEIVED. PART I, LINE 1: WORKS OF ART A ZERO AMOUNT WAS REPORTED ON FORM 990, PART VIII, LINE 1G, BECAUSE BRANDEIS UNIVERSITY DOES NOT CAPITALIZE ITS COLLECTIONS, AS ALLOWED UNDER FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION 958-360-25 (ASC 958-360-25) (FORMERLY SFAS 116). SCHEDULE M, LINE 31: GIFT ACCEPTANCE POLICY BRANDEIS UNIVERSITY'S GIFT ACCEPTANCE POLICY IS AVAILABLE ONLINE AT WWW.BRANDEIS.EDU. FORM 990, PART I ORGANIZATION'S MISSION BRANDEIS UNIVERSITY IS A COMMUNITY OF SCHOLARS AND STUDENTS UNITED BY THEIR COMMITMENT TO THE PURSUIT OF KNOWLEDGE AND ITS TRANSMISSION FROM GENERATION TO GENERATION. AS A RESEARCH UNIVERSITY, BRANDEIS IS DEDICATED TO THE ADVANCEMENT OF THE HUMANITIES, ARTS AND SOCIAL SCIENCES, NATURAL AND PHYSICAL SCIENCES. AS A LIBERAL ARTS COLLEGE, BRANDEIS AFFIRMS THE IMPORTANCE OF A BROAD AND CRITICAL EDUCATION IN ENRICHING THE LIVES OF STUDENTS AND PREPARING THEM FOR FULL PARTICIPATION IN A CHANGING SOCIETY. IN THIS MANNER, BRANDEIS SEEKS TO ENSURE ITS STUDENTS ARE CAPABLE OF PROMOTING THEIR OWN WELFARE WHILE REMAINING DEEPLY CONCERNED ABOUT THE WELFARE OF OTHERS. IN A WORLD OF CHALLENGING SOCIAL AND TECHNOLOGICAL TRANSFORMATION, BRANDEIS REMAINS A CENTER OF OPEN INQUIRY AND TEACHING, CHERISHING ITS INDEPENDENCE FROM ANY DOCTRINE OF GOVERNMENT. IT STRIVES TO REFLECT THE HETEROGENEITY OF THE UNITED STATES AND OF THE WORLD COMMUNITY WHOSE IDEAS AND CONCERNS IT SHARES. IN THE BELIEF THAT THE MOST IMPORTANT LEARNING DERIVES FROM THE PERSONAL ENCOUNTER AND JOINT WORK OF TEACHERS AND STUDENTS, BRANDEIS ENCOURAGES UNDERGRADUATES AND POSTGRADUATES TO PARTICIPATE WITH DISTINGUISHED FACULTY IN RESEARCH, SCHOLARSHIP AND ARTISTIC ACTIVITIES. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE OFFICE IS RESPONSIBLE FOR DRAFTING FORM 990. THE COMPLETED DRAFT IS SUBMITTED FOR REVIEW BY THE UNIVERSITY'S TAX ADVISORY FIRM. RECOMMENDED CHANGES ARE DISCUSSED WITH THE FINANCE OFFICE AND INCORPORATED INTO THE RETURN, AS APPROPRIATE. FOR FISCAL YEAR 2021, THE BOARD OF TRUSTEES HAS DELEGATED THE REVIEW OF THE FORM 990 TO THE RISK MANAGEMENT AND AUDIT COMMITTEE. THE RISK MANAGEMENT AND AUDIT COMMITTEE REVIEWED THE FORM 990 AND DISCUSSED ANY QUESTIONS WITH THE FINANCE OFFICE AND THE UNIVERSITY'S TAX ADVISORY FIRM. AFTER THE RISK MANAGEMENT AND AUDIT COMMITTEE'S REVIEW, AND PRIOR TO FILING THE COMPLETED FORM 990, A COPY OF THE FORM 990 WAS SENT TO EACH MEMBER OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C THE BRANDEIS UNIVERSITY CONFLICT OF INTEREST POLICY FOR TRUSTEES, OFFICERS AND COMMITTEE MEMBERS ESTABLISHES A PROCESS WHEREBY POTENTIAL, APPARENT AND ACTUAL CONFLICTS OF INTEREST OF TRUSTEES, OFFICERS AND NON-TRUSTEE COMMITTEE MEMBERS MAY PROPERLY BE AVOIDED OR MANAGED SO THAT THE BEST INTERESTS OF THE UNIVERSITY ARE PROTECTED. OFFICERS, TRUSTEES AND COMMITTEE MEMBERS COMPLETE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM, WHICH IS CONSISTENT WITH THE POLICY AND THE APPLICABLE REGULATORY AND AUDITING REQUIREMENTS. THE INVESTMENT COMMITTEE MEMBERS COMPLETE AN ANNUAL DISCLOSURE FORM WITH ADDITIONAL QUESTIONS RELATED TO UNIVERSITY'S INVESTMENTS. CERTAIN SENIOR OFFICERS AND FINANCIAL EMPLOYEES ARE ALSO REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE FORM WITH RESPECT TO THE UNIVERSITY'S INVESTMENTS. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, WITH THE ASSISTANCE OF THE GENERAL COUNSEL, OVERSEES THE COLLECTION AND REVIEW OF THE DISCLOSURE FORMS. IN THE CASE OF A POTENTIAL, APPARENT, OR ACTUAL RELATED PARTY TRANSACTION OR OTHER SITUATION PRESENTING A POSSIBLE CONFLICT OF INTEREST, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES CHAIR IS RESPONSIBLE FOR DECIDING WHETHER TO SUBMIT THE TRANSACTION OR SITUATION TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES OR THE BOARD FOR A DETERMINATION. IN ADDITION, THE UNIVERSITY HAS ESTABLISHED A SEPARATE CONFLICT OF INTEREST POLICY FOR ITS EMPLOYEES. UNDER THIS POLICY, DISCLOSURE FORMS ARE COMPLETED ANNUALLY BY ALL SENIOR OFFICERS, THE PRESIDENT'S CABINET, DEPARTMENT CHAIRS, HEADS OF CENTERS AND INSTITUTES, PRINCIPAL INVESTIGATORS AND OTHER DESIGNATED SENIOR OFFICIALS AND FINANCIAL PERSONNEL. PERSONS WITH A CONFLICT ARE RECUSED FROM DISCUSSIONS AND DO NOT VOTE ON RESOLUTIONS THAT PERTAIN DIRECTLY TO THEIR CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE UNIVERSITY IS COMMITTED TO ATTRACTING, RETAINING AND MOTIVATING QUALIFIED EMPLOYEES, RELATING COMPENSATION TO PERFORMANCE, PROMOTING AN EQUITABLE RELATIONSHIP BETWEEN COMPENSATION AND RESPONSIBILITY AND ENSURING COMPLIANCE WITH LAW AND REGULATION. THIS PROCESS IS THE FOUNDATION OF ALL HIRING, ANNUAL PERFORMANCE EVALUATIONS AND SALARY ADJUSTMENTS. THE BOARD OF TRUSTEES IS RESPONSIBLE FOR APPROVING THE PRESIDENT'S COMPENSATION BASED UPON RECOMMENDATION FROM THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. COMPENSATION PAID TO THE PRESIDENT'S DIRECT REPORTS SHALL BE APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES BASED UPON A RECOMMENDATION FROM THE PRESIDENT. COMPENSATION PAID TO THE PRESIDENT'S DIRECT REPORTS SHALL BE REPORTED TO THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES UTILIZES INDEPENDENT EXTERNAL CONSULTANTS TO ASSIST WITH BOTH THE REVIEW OF COMPENSATION AGREEMENTS AND THE GATHERING OF COMPARABILITY DATA IN DETERMINING THE REASONABLENESS OF COMPENSATION AND COMPLIANCE WITH THE PROCEDURES DESCRIBED IN TREASURY REGULATION SECTION 53.4958-6. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE ONLINE AT WWW.BRANDEIS.EDU/BUSINESS-FINANCE. THE UNIVERSITY'S GOVERNING DOCUMENTS ARE AVAILABLE ONLINE AT WWW.BRANDEIS.EDU. THE ORGANIZATION'S FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE ALSO AVAILABLE AT THE WEBSITE OF MASSACHUSETTS ATTORNEY GENERAL. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST -2,454,384. PARTNERSHIP 1 INVESTING TX BRANDEIS EXCLUDED -2156690 52881705 0 0 0.97920 PARTNERSHIP 2 INVESTING MA BRANDEIS EXCLUDED 241950 33711582 0 0 0.86620 CHARITABLE REMAINDER TRUSTS (20) PO BOX 9110 WALTHAM MA 024549110 INVESTING MA T 1 CHARITABLE REMAINDER TRUSTS (1) PO BOX 9110 WALTHAM MA 024549110 INVESTING FL T 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 PARTNERSHIP 1 S 7500000 FMV PARTNERSHIP 1 B 13000000 FMV