2017-02-11T17:40:48-06:00 2016-06-30 420714325 RSM US LLP 9737 WASHINGTONIAN BLVD 400 GAITHERSBURG MD 208787340 990 2015-07-01 530196577 THE BROOKINGS INSTITUTION BROO 2027976000 1775 MASSACHUSETTS AVE NW WASHINGTON DC 200362103 DAVID L PORTER AVP, ASST TREAS, CONTR 2027976000 2017-02-11 1 WILLIAM E TURCO CPA P00369217 3012963600 2015 2021-01-29 14:40:06Z STROBE TALBOTT 1775 MASSACHUSETTS AVE NW WASHINGTON DC 200362103 283005301 0 X WWW.BROOKINGS.EDU X 1939 DC TO CONDUCT IN-DEPTH, INDEPENDENT RESEARCH THAT LEADS TO NEW IDEAS FOR IMPROVING GOVERNANCE AND SOLVING PROBLEMS FACING SOCIETY AT THE LOCAL, NATIONAL AND GLOBAL LEVEL. 51 51 636 55 864789 0 76694383 90539102 0 0 25741998 14841136 3950809 4014191 106387190 109394429 893434 577114 0 0 59424307 59593205 0 0 3395795 47608362 44464967 107926103 104635286 -1538913 4759143 482069162 473918510 61160022 59631373 420909140 414287137 X SEE SCHEDULE O 0 0 17682988 247454 FOREIGN POLICY STUDIES:THE FOREIGN POLICY PROGRAM'S RESEARCH INFORMS ACADEMICS, POLICYMAKERS, THE PUBLIC AND OTHER STAKEHOLDERS TO HELP ADDRESS THE GREAT CHALLENGES FACING THE UNITED STATES AND THE INTERNATIONAL COMMUNITY IN THE 21ST CENTURY. THE FOREIGN POLICY PROGRAM AIMS TO STRENGTHEN AMERICA'S FOREIGN AND NATIONAL SECURITY POLICIES, ENLIGHTEN THE PUBLIC POLICY DEBATE, AND HELP GUIDE THE EMERGING INTERNATIONAL ORDER TOWARDS PEACE, SECURITY AND HUMAN PROGRESS. IN THE PAST YEAR, FOREIGN POLICY EXPERTS BOTH IN WASHINGTON AND IN OUR OVERSEAS CENTERS IN BEIJING, DOHA AND NEW DELHI EXAMINED A WIDE RANGE OF TOPICS INCLUDING THE RAPIDLY CHANGING DEVELOPMENTS THROUGHOUT THE ARAB WORLD, THE EFFECT OF THE EUROZONE CRISIS, THE CONTINUING CONFLICTS IN AFGHANISTAN AND IRAQ, BETWEEN RUSSIA AND UKRAINE AND ISRAEL AND PALESTINE, ARMS CONTROL AND NUCLEAR NON-PROLIFERATION, ENERGY SECURITY, MILITARY TECHNOLOGY, IRAN, INDIA, SYRIA, LIBYA, THE EVOLVING TRANSATLANTIC RELATIONSHIPS, HUMANITARIAN AID AND THE CHANGING GLOBAL ROLE OF CHINA. IN ADDITION TO PUBLISHING NUMEROUS WORKS OF SCHOLARSHIP IN FY2016, SCHOLARS IN THE FOREIGN POLICY PROGRAM PROVIDED CONGRESSIONAL TESTIMONY AND PRESIDED OVER MORE THAN 250 PUBLIC AND PRIVATE EVENTS. 15682398 ECONOMIC STUDIES:THE ECONOMIC STUDIES PROGRAM ANALYZES CURRENT AND EMERGING ECONOMIC POLICY ISSUES IN THE UNITED STATES AND WORLDWIDE. ITS RESEARCH AIMS TO INCREASE THE PUBLIC'S UNDERSTANDING OF HOW THE ECONOMY WORKS AND WHAT CAN BE DONE TO MAKE IT WORK BETTER. IN THE PAST YEAR, ECONOMIC STUDIES EXPERTS EXAMINED THE FEDERAL BUDGET DEFICIT AND THE RISING NATIONAL DEBT, AND COMMENTED ON SUCH DIVERSE ISSUES AS THE LABOR MARKET AND JOB CREATION, FISCAL AND MONETARY POLICY, AND THE ROLE OF EDUCATION AND OPPORTUNITY IN ECONOMIC MOBILITY. ECONOMIC STUDIES ALSO PRODUCES THE BROOKINGS PAPERS ON ECONOMIC ACTIVITY, THE LEADING SOURCE OF POLICY-ORIENTED, EMPIRICAL RESEARCH ON MACROECONOMICS. IN ADDITION TO PUBLISHING NUMEROUS WORKS OF SCHOLARSHIP IN FY2016, ECONOMIC STUDIES HELD OVER 157 EVENTS BOTH PUBLIC AND PRIVATE, SCHOLARS ALSO SPOKE AT 91 EXTERNAL EVENTS, WROTE 538 OP-EDS AND BLOGS, PRODUCED 146 PAPERS AND BRIEFS, PUBLISHED 1 BOOK, TESTIFIED ON CAPITOL HILL 10 TIMES, AND WERE CITED OR INTERVIEWED IN AROUND 40,000 MEDIA STORIES. WORK BY ES SCHOLARS WAS ALSO CITED 32 TIMES IN THE MOST RECENT ECONOMIC REPORT OF THE PRESIDENT. 12027943 108000 GLOBAL ECONOMY AND DEVELOPMENT:THE GLOBAL ECONOMY AND DEVELOPMENT PROGRAM EXAMINES THE OPPORTUNITIES AND CHALLENGES PRESENTED BY GLOBALIZATION, WHICH CONTINUES TO BE A CENTRAL CONCERN FOR INTERNATIONAL POLICYMAKERS, BUSINESS LEADERS, THE MEDIA AND CIVIL SOCIETY. GLOBAL ECONOMY AND DEVELOPMENT EXPERTS ADDRESS THE ISSUES SURROUNDING GLOBALIZATION WITHIN TWO KEY AREAS: STRENGTHENING THE DRIVERS OF SUSTAINABLE GROWTH AND LEAVING NO ONE BEHIND. IN THE PAST YEAR, GLOBAL EXPERTS HAVE PROVIDED ANALYSIS AND RECOMMENDATIONS TO FOSTER GLOBAL ECONOMIC COOPERATION, IMPROVE PATHWAYS OUT OF POVERTY, AND HELP DEAL WITH THE TECHNOLOGICAL TRANSFORMATION OF THE WORLD ECONOMY, WITH A SPECIAL FOCUS ON PRODUCTIVITY, EDUCATION, NEW SKILLS, INCLUSIVENESS, AND SUSTAINABILITY. IN ADDITION TO PUBLISHING NUMEROUS WORKS OF SCHOLARSHIP IN FY 2016, GLOBAL ECONOMY AND DEVELOPMENT HELD NUMEROUS EVENTS OPEN TO THE GENERAL PUBLIC. 10055852 METROPOLITAN POLICY:THE METROPOLITAN POLICY PROGRAM BELIEVES THAT CITIES AND METROPOLITAN AREAS ARE THE HUBS OF THE NATIONAL AND GLOBAL ECONOMY AND THE PRIMARY PLACES WHERE PEOPLE SEEK JOBS AND OPPORTUNITY. THEY ARE AT THE FOREFRONT OF THE MAJOR DEMOGRAPHIC AND SOCIAL CHANGES CONFRONTING THE NATION. OUR MISSION AT THE METROPOLITAN POLICY PROGRAM IS TO DELIVER RESEARCH AND SOLUTIONS THAT HELP METROPOLITAN LEADERS BUILD AN ADVANCED ECONOMY THAT WORKS FOR ALL. IN ORDER TO CREATE AN ADVANCED ECONOMY THAT WORKS FOR ALL, METROPOLITAN AREAS MUST IMPLEMENT POLICIES THAT (1) MAXIMIZE WORKERS' POTENTIAL, (2) FUEL ADVANCED INDUSTRIES, (3) ENGAGE THE GLOBAL MARKETPLACE, AND (4) SUPPORT INFRASTRUCTURE THAT PROTECTS THE ENVIRONMENT, FACILITATES ECONOMIC ACTIVITY, AND IMPROVES ACCESS TO OPPORTUNITY. 7006741 GOVERNANCE STUDIES:THE GOVERNANCE STUDIES PROGRAM BRINGS TOGETHER PEOPLE INTERESTED IN IMPROVING THE PERFORMANCE OF OUR NATIONAL GOVERNMENT AND BETTERING THE ECONOMIC SECURITY, SOCIAL WELFARE, AND OPPORTUNITY AVAILABLE TO ALL AMERICANS. IN THE PAST YEAR, GOVERNANCE STUDIES EXPERTS EXAMINED THE POLITICS BEHIND HEALTH CARE REFORM, AMERICA'S ECONOMIC RECOVERY, PARTISAN POLITICS AND COMMENTED ON OTHER TIMELY TOPICS, SUCH AS THE NATIONAL ELECTIONS, U.S. BUDGET CRISES, U.S. JOB POLICIES, CONGRESSIONAL PRIMARIES, STRENGTHENING U.S. DEMOCRACY, JUDICIAL SELECTION REFORM, THE U.S. EDUCATIONAL SYSTEM, PARTISAN GRIDLOCK IN LEGISLATION, MOBILE FINANCIAL INCLUSION AND THE USE OF ONLINE TOOLS AND INFORMATION TECHNOLOGY TO INCREASE GOVERNMENT EFFICIENCY. IN ADDITION TO PUBLISHING NUMEROUS WORKS OF SCHOLARSHIP IN FY 2016, GOVERNANCE STUDIES HELD 34 EVENTS OPEN TO THE GENERAL PUBLIC. 8291570 221660 INSTITUTIONAL INITIATIVES:INCLUDES RESEARCH INITIATIVES OF THE EXECUTIVE OFFICE AND ALL CROSS-PROGRAM RESEARCH EFFORTS E.G. (BROOKINGS OFFICE OF THE CENTENNIAL SCHOLAR AND RACE, PLACE, AND OPPORTUNITY PROJECT). IT ALSO INCLUDES EXPENSES ASSOCIATED WITH PARTNERSHIPS WITH TWO UNIVERSITIES: THE BROOKINGS MOUNTAIN WEST PROGRAM WITH THE UNIVERSITY OF NEVADA LAS VEGAS AND BROOKINGS' EXECUTIVE EDUCATION PROGRAM, A PARTNERSHIP WITH WASHINGTON UNIVERSITY IN ST. LOUIS. OTHER RESEARCH INCLUDES THE WORK OF BROOKINGS' THREE FOREIGN CENTERS BASED IN BEIJING, DOHA, AND NEW DELHI. 2622469 COMMUNICATIONS AND WEB:THE COMMUNICATIONS DEPARTMENT DISSEMINATES INFORMATION ABOUT BROOKINGS, ITS SCHOLARS AND RESEARCH, AND THE ARRAY OF RESOURCES THAT BROOKINGS OFFERS. COMMUNICATIONS OVERSEES THE COMMENTARY AND ANALYSIS THAT APPEAR ON THE BROOKINGS' WEBSITE (WWW.BROOKINGS.EDU) AND THAT ARE DISTRIBUTED THROUGH BROOKINGS'S SOCIAL MEDIA CHANNELS AND OTHER DIGITAL COMPONENTS OF OUTREACH AND EDUCATION. THE DEPARTMENT SUPPORTS THE RESEARCH PROGRAMS BY PROVIDING VIDEO, GRAPHIC DESIGN AND OTHER MULTIMEDIA SERVICES, AND INTERACTS WITH MEDIA FOR THE PURPOSES OF ARRANGING INTERVIEWS AND REPUBLISHING CONTENT. IT ALSO HOUSES THE ORGANIZATION'S PUBLISHING HOUSE, BROOKINGS INSTITUTION PRESS. 2038621 1714703 BROOKINGS PRESS:THE BROOKINGS PRESS PUBLISHES PUBLIC POLICY RESEARCH FROM BROOKINGS' OWN SCHOLARS AS WELL AS OTHER AUTHORS. THESE PUBLICATIONS PROVIDE EXTENSIVE BACKGROUND AND INSIGHT ON IMPORTANT PUBLIC POLICY ISSUES IN BUSINESS, ECONOMICS, GOVERNMENT AND INTERNATIONAL AFFAIRS. 30015253 221660 1714703 75408582 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 0 1 0 1 1 1 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 468 0 1 636 1 1 1 1 QA IN UK 0 0 0 0 0 0 0 0 X 51 51 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR CA CT FL GA IL KS KY MA MD ME MI MS MN NC NJ NH NM NY OR PA RI SC TN VA WI WV X X DAVID L PORTER & AMANDA MAYS 2027976000 1775 MASSACHUSETTS AVE NW WASHINGTON DC 200362103 DAVID M RUBENSTEIN CO-CHAIR OF THE BOARD 4.00 X X 0 0 0 JOHN L THORNTON CO-CHAIR OF THE BOARD 4.00 X X 0 0 0 GLENN H HUTCHINS VICE CHAIR, BOARD/CAMPAIGN CHAIR 3.50 X X 0 0 0 SUZANNE NORA JOHNSON VICE CHAIR, BOARD/INVESTMENT COMMT. CHAIR 3.50 X X 0 0 0 ARTHUR R COLLINS CHAIR, DEVELOPMENT COMMITTEE 3.00 X 0 0 0 BART FRIEDMAN CHAIR, AUDIT COMMITTEE 3.00 X 0 0 0 PETE HIGGINS CHAIR, IMPACT TASK FORCE 3.00 X 0 0 0 BENJAMIN R JACOBS CHAIR, FINANCE/CHAIR, STRATEGIC 3.00 X 0 0 0 TRACY R WOLSTENCROFT CHAIR, NOMINATIONS & GOVERNANCE COMMT 3.00 X 0 0 0 ROBERT J ABERNETHY TRUSTEE 2.00 X 0 0 0 PAUL M ACHLEITNER TRUSTEE 2.00 X 0 0 0 LIAQUAT AHAMED TRUSTEE 2.00 X 0 0 0 DOMINIC BARTON TRUSTEE 2.00 X 0 0 0 ROBERT M BASS TRUSTEE 2.00 X 0 0 0 ALAN R BATKIN TRUSTEE 2.00 X 0 0 0 CRANDALL BOWLES TRUSTEE 2.00 X 0 0 0 HANZADE DOGAN BOYNER TRUSTEE 2.00 X 0 0 0 PAUL L CEJAS TRUSTEE 2.00 X 0 0 0 W EDMUND CLARK TRUSTEE 2.00 X 0 0 0 ABBY JOSEPH COHEN TRUSTEE 2.00 X 0 0 0 BETSY Z COHEN TRUSTEE 2.00 X 0 0 0 HOWARD COX TRUSTEE 2.00 X 0 0 0 ARTHUR B CULVAHOUSE JR TRUSTEE 2.00 X 0 0 0 ALAN M DACHS TRUSTEE 2.00 X 0 0 0 PAUL DESMARAIS JR TRUSTEE 2.00 X 0 0 0 KENNETH M DUBERSTEIN TRUSTEE 2.00 X 0 0 0 CHERYL COHEN EFFRON TRUSTEE 2.00 X 0 0 0 ALFONSO FANJUL TRUSTEE 2.00 X 0 0 0 ANN M FUDGE TRUSTEE 2.00 X 0 0 0 ELLEN V FUTTER TRUSTEE 2.00 X 0 0 0 HELENE GAYLE TRUSTEE 2.00 X 0 0 0 BRIAN L GREENSPUN TRUSTEE 2.00 X 0 0 0 VICTOR L HYMES TRUSTEE 2.00 X 0 0 0 SHIRLEY ANN JACKSON TRUSTEE 2.00 X 0 0 0 KENNETH M JACOBS TRUSTEE 2.00 X 0 0 0 KLAUS KLEINFELD TRUSTEE 2.00 X 0 0 0 PHILIP M KNIGHT TRUSTEE 2.00 X 0 0 0 JAMES MURREN TRUSTEE 2.00 X 0 0 0 JAMES ROGERS TRUSTEE 2.00 X 0 0 0 WILBUR ROSS TRUSTEE 2.00 X 0 0 0 VICTORIA P SANT TRUSTEE 2.00 X 0 0 0 LEONARD D SCHAEFFER TRUSTEE 2.00 X 0 0 0 PETER SCHER TRUSTEE 2.00 X 0 0 0 AMY W SCHULMAN TRUSTEE 2.00 X 0 0 0 ARNE M SORENSON TRUSTEE 2.00 X 0 0 0 MICHAEL L TIPSORD TRUSTEE 2.00 X 0 0 0 ANTOINE W VAN AGTMAEL TRUSTEE 2.00 X 0 0 0 DAVID WEINBERG TRUSTEE 2.00 X 0 0 0 BEATRICE W WELTERS TRUSTEE 2.00 X 0 0 0 JOHN H WHITE JR TRUSTEE 2.00 X 0 0 0 DANIEL YERGIN TRUSTEE 2.00 X 0 0 0 LEI ZHANG TRUSTEE 2.00 X 0 0 0 DANIEL B ZWIRN TRUSTEE 2.00 X 0 0 0 N STROBE TALBOTT PRESIDENT 40.00 X 614490 0 218881 MARTIN S INDYK EXECUTIVE VICE PRESIDENT 40.00 X 381681 0 64675 STEWART URETSKY VP, CFO, & TREASURER 40.00 X 329544 0 56150 KIMBERLY CHURCHES SECRETARY 40.00 X 294509 0 40772 DAVID PORTER ASSOC. VP, CONTROLLER & ASST. TREASURER 40.00 X 203380 0 50395 AMANDA MAYS ASST. SECRETARY 40.00 X 66247 0 14952 LEIGH SLOANE SECRETARY THRU 09/4/15 40.00 X 177578 0 27862 TED GAYER VP & DIR OF ECONOMIC STUDIES 40.00 X 356603 0 28588 KEMAL DERVIS VP & DIR OF GLOBAL 40.00 X 324398 0 25309 DARRELL M WEST VP & DIR OF GOVERNANCE STUDIES 40.00 X 316413 0 55459 STEVEN J BENNETT VP & CHIEF OPERATIONS OFFICER 40.00 X 306843 0 24975 CATHERINE A PIEZ CHIEF INVESTMENT OFFICER 40.00 X 295186 0 43593 BRUCE JONES VP & DIR, FOREIGN POLICY 40.00 X 250251 0 29071 WILLIAM G GALE SR FELLOW & DIR, TAX POLICY CENTER 40.00 X 401216 0 48404 BRUCE J KATZ CENTENNIAL SCHOLAR 40.00 X 358992 0 54516 DAVID WESSEL SR FELLOW & DIR, HUTCHINS 40.00 X 308310 0 31515 MARK B MCCLELLAN DIR, IIVH & SR FELLOW, ES 40.00 X 282868 0 18068 GROVER WHITEHURST SR. FELLOW & BROWN CENTER DIR 40.00 X 269322 0 21752 5537831 0 854937 163 0 1 0 CDW DIRECT LLC PO BOX 75723 CHICAGO IL 606735723 IT/COMPUTER HARDWARE, SOFTWARE & MAINT. 2298123 SODEXO INC & AFFILIATES PO BOX 536922 ATLANTA GA 303536922 FOOD SERVICES & CAFETERIA & FACILITIES M 1351919 HBW GROUP 1055 FIRST STREET STE 200 ROCKVILLE MD 20850 CONSTRUCTION, COMMERCIAL REAL ESTATE, PR 962540 ACCENTURE LLP PO BOX 70629 CHICAGO IL 60673 GLOBAL MGMT, CONSULTING & TECHNOLOGY SVC 904954 COVINGTON & BURLING ONE CITY CENTER 850 10TH ST NW WASHINGTON DC 20001 ATTORNEY 712793 47 1558794 88980308 346590 90539102 3037932 857224 2180708 551865 334620 217245 217245 217245 184662182 172858978 11803204 11803204 11803204 1714703 417274 1297429 1289864 7565 CAFETERIA INCOME 900099 2332134 2332134 OTHER INCOME 900099 167383 167383 2499517 109394429 1289864 864789 16700674 X 355454 355454 221660 221660 4559807 1476106 2485106 598595 36995225 29427969 6623149 944107 4331621 134745 4196876 10638768 13890070 -3859382 608080 3067784 3067784 143880 10960 132920 222427 37971 184456 2299892 2299892 12520479 10475371 2016899 28209 493772 418016 9465 66291 2012929 1084435 858948 69546 2751327 1657326 1051816 42185 3098916 7538336 -4790830 351410 3627369 3238186 235374 153809 11427 11427 3391835 2875038 13200 503597 1207364 1207364 5900372 710677 5189695 354007 354007 OTHER DIRECT COSTS 3108055 716020 2362069 29966 BAD DEBT 1729209 29209 1700000 PUBLISHING 1075529 1066368 9161 REPAIR/MAINTENANCE 487752 33238 454514 28426 28426 104635286 75408582 25830909 3395795 17921029 17416654 33698595 30205702 73381988 81210179 684880 643875 185795 222366 1324728 1447357 87403523 50088074 39454660 37315449 88494946 62815691 223335505 240455332 3587036 2185905 482069162 473918510 9023314 8675895 557449 79160 48339270 47620104 3239989 3256214 61160022 59631373 X 202164069 192251524 135007845 137764888 83737226 84270725 420909140 414287137 482069162 473918510 X 4759143 -12881954 1500808 X 0 1 X 1 1 1 X 114836670 80276594 89488748 76694383 90539102 451835497 114836670 80276594 89488748 76694383 90539102 451835497 8699722 443135775 4004951 7056159 3244431 14398796 3589797 32294134 2135707 2141934 2039560 2466504 2499517 11283222 495412853 7843894 0.89450 0.86570 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: CAFETERIA - 2011 AMOUNT: $ 2,126,791. 2012 AMOUNT: $ 2,081,207. 2013 AMOUNT: $ 1,993,592. 2014 AMOUNT: $ 2,280,852. 2015 AMOUNT: $ 2,332,134. OTHER INCOME - 2011 AMOUNT: $ 8,916. 2012 AMOUNT: $ 60,727. 2013 AMOUNT: $ 45,968. 2014 AMOUNT: $ 185,652. 2015 AMOUNT: $ 167,383. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 212875 X 0 425725267 7474568 961390 15098080 1167786 417895359 441281539 66444006 11159614 92011199 1148693 425725267 404469002 6136117 45195854 13463737 1055697 441281539 381988094 3773990 32490567 12995750 787899 404469002 356490353 39783421 -583565 12787612 914503 381988094 0.46870 0.20160 0.32970 0 0 4155620 4155620 54106945 28393986 25712959 22563442 16024459 6538983 6577516 5669629 907887 37315449 240455332 F 240455332 ACCRUED POST-RETIREMENT BENEFIT OBLIGATION 1788000 DEFERRED RENT EXPENSE PAYABLE 1069459 DEFERRED COMPENSATION 398755 3256214 X 95467292 -12881954 1183136 -11698818 107166110 2645593 -417274 2228319 109394429 102410541 420848 420848 101989693 2645593 2645593 104635286 PART III, LINE 4: BROOKINGS PHOTOGRAPHY COLLECTION WAS DONATED TO ENHANCE THE FACILITIES WHERE BROOKINGS SCHOLARS MEET WITH OTHER KEY PEOPLE IN THE PUBLIC POLICY WORLD. THIS CONTRIBUTES TO AN ATMOSPHERE THAT PROMOTES CONVERSATION AND INTERACTION. ADDITION IS THE PORTRAIT PAINTING OF BROOKINGS CURRENT PRESIDENT. PART V, LINE 4: BROOKINGS CAREFULLY BALANCES ITS FUNDING TO RESPOND TO CURRENT POLICY ISSUES AS WELL AS UNDERTAKE LONG-TERM RESEARCH PROJECTS. AS NEW CHALLENGES EMERGE, THE ENDOWMENT IS USED TO MAKE NEW RESEARCH PROJECTS POSSIBLE, SUPPORTING CORE ADMINISTRATIVE COSTS, AS WELL AS, SCHOLAR-DRIVEN RESEARCH. PART X, LINE 2: BROOKINGS IS EXEMPT FROM FEDERAL INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND HAS BEEN DESIGNATED BY THE INTERNAL REVENUE SERVICE AS A "PUBLICLY SUPPORTED ORGANIZATION UNDER SECTION 509(A)(1) OF THE CODE. BROOKINGS ENGAGES IN CERTAIN ACTIVITIES THAT PRODUCE UNRELATED BUSINESS INCOME, AS DEFINED BY FEDERAL INCOME TAX REGULATIONS. WHEN TAX RETURNS ARE FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHERS ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD BE ULTIMATELY SUSTAINED. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS TAKEN ARE NOT OFFSET OR AGGREGATED WITH OTHER POSITIONS. TAX POSITIONS THAT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. THE PORTION OF THE BENEFITS ASSOCIATED WITH TAX POSITIONS TAKEN THAT EXCEEDS THE AMOUNT MEASURED AS DESCRIBED ABOVE IS REFLECTED AS A LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING BALANCE SHEET, ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. BROOKINGS FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. AS OF JUNE 30, 2016, AND FOR THE YEAR THEN ENDED, THERE WERE NO MATERIAL UNRECOGNIZED/DERECOGNIZED TAX BENEFITS OR TAX PENALTIES OR INTEREST. GENERALLY, BROOKINGS IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN/(LOSS) ON FOREIGN CURRENCY EXCHANGE 1,183,136. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED ON LINE 10B -417,274. PART XII, LINE 2D - OTHER ADJUSTMENTS: AFFILIATE EXPENSES INCLUDED ON THE CONSOLIDATED FINANCIAL STATEMENT 3,574. COST OF GOODS SOLD REPORTED ON LINE 10B 417,274. 1 EAST ASIA AND THE PACIFIC 1 6 PROGRAM SERVICES, FUNDRAISING ACTIVITIES, MAINTAINING OFFICES PUBLIC POLICY RESEARCH 504128 MIDDLE EAST AND NORTH AFRICA 1 15 PROGRAM SERVICES, FUNDRAISING ACTIVITIES, MAINTAINING OFFICES PUBLIC POLICY RESEARCH 3819237 SOUTH ASIA 1 19 PROGRAM SERVICES, FUNDRAISING ACTIVITIES, MAINTAINING OFFICES PUBLIC POLICY RESEARCH 1034560 EAST ASIA AND THE PACIFIC 0 0 GRANT TO RECIPIENTS LOCATED IN REGION 177616 MIDDLE EAST AND NORTH AFRICA 0 0 GRANT TO RECIPIENTS LOCATED IN REGION 44044 3 40 0 0 3 40 5579585 0 5579585 EAST ASIA AND THE PACIFIC PROGRAM SERVICES 177616 WIRE TRANSFER 1 PROGRAM SERVICES MIDDLE EAST AND NORTH AFRICA 6 44044 CHECK OR WIRE 1 0 1 0 1 1 PART I, LINE 2: THE BROOKINGS INSTITUTION MAINTAINS RECORDS OF HOW GRANT FUNDS ARE USED AND VERIFIES THROUGH REGULAR REPORTS AND COMMUNICATIONS THAT GRANTS ARE USED IN A WAY CONSISTENT WITH THEIR ORIGINAL PURPOSE. 1 FELLOWSHIP STIPENDS 12 355454 PART I, LINE 2: BROOKINGS DOES NOT ISSUE GRANTS TO OTHER ORGANIZATIONS. BROOKINGS DOES ISSUE FELLOWSHIP STIPENDS TO INDIVIDUALS. THESE DISBURSEMENTS ARE MONITORED AS THE INDIVIDUALS ARE GENERALLY RESIDENTS AT BROOKINGS AND THEIR WORK IS SUPERVISED BY THEIR BROOKINGS ADVISOR. X X X X X 1 1 0 0 0 0 0 1 0 N STROBE TALBOTT PRESIDENT 555976 0 38750 0 19764 0 199600 0 20143 0 834233 0 0 0 MARTIN S INDYK EXECUTIVE VICE PRESIDENT 375691 0 5000 0 990 0 46095 0 22082 0 449858 0 0 0 STEWART URETSKY VP, CFO, & TREASURER 308433 0 16000 0 5111 0 33365 0 23647 0 386556 0 0 0 KIMBERLY CHURCHES SECRETARY 269284 0 25000 0 225 0 32578 0 9477 0 336564 0 0 0 DAVID PORTER ASSOC. VP, CONTROLLER & ASST. TREASU 196681 0 6000 0 699 0 25060 0 28507 0 256947 0 0 0 LEIGH SLOANE SECRETARY THRU 09/4/15 131178 0 0 0 46400 0 16074 0 14434 0 208086 0 0 0 TED GAYER VP & DIR OF ECONOMIC STUDIES 339378 0 17000 0 225 0 28588 0 3479 0 388670 0 0 0 KEMAL DERVIS VP & DIR OF GLOBAL 306993 0 15500 0 1905 0 25309 0 3479 0 353186 0 0 0 DARRELL M WEST VP & DIR OF GOVERNANCE STUDIES 300423 0 15000 0 990 0 36761 0 19537 0 372711 0 0 0 STEVEN J BENNETT VP & CHIEF OPERATIONS OFFICER 292118 0 14500 0 225 0 24975 0 839 0 332657 0 0 0 CATHERINE A PIEZ CHIEF INVESTMENT OFFICER 286387 0 5000 0 3799 0 24014 0 21018 0 340218 0 0 0 BRUCE JONES VP & DIR, FOREIGN POLICY 245026 0 5000 0 225 0 22560 0 11805 0 284616 0 0 0 WILLIAM G GALE SR FELLOW & DIR, TAX POLICY CENTER 368781 0 18525 0 13910 0 31800 0 17443 0 450459 0 0 0 BRUCE J KATZ CENTENNIAL SCHOLAR 340847 0 17500 0 645 0 28925 0 29070 0 416987 0 0 0 DAVID WESSEL SR FELLOW & DIR, HUTCHINS 264681 0 10250 0 33379 0 20691 0 12322 0 341323 0 0 0 MARK B MCCLELLAN DIR, IIVH & SR FELLOW, ES 272413 0 8550 0 1905 0 1632 0 21028 0 305528 0 0 0 GROVER WHITEHURST SR. FELLOW & BROWN CENTER DIR 266100 0 0 0 3222 0 21752 0 839 0 291913 0 0 0 PART I, LINES 4A-B LEIGH SLOANE RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $46,288. STROBE TALBOTT PARTICIPATES IN A NONQUALIFIED RETIREMENT PLAN UNDER IRC 457(F). PLAN PARTICIPATION IS EXPECTED TO LAST UNTIL 06/30/2018. PART I, LINE 7 BONUSES ARE DISCRETIONARY AND ARE BASED ON INSTITUTIONAL AFFORDABILITY, AS DETERMINED ANNUALLY BY THE PRESIDENT. X 15 346590 FMV 0 1 0 FORM 990, PART I PART VI, AND PART VII - BOARD COUNT: A TOTAL OF FIFTY-THREE PERSONS SERVED ON THE BOARD OF DIRECTORS DURING THE FISCAL YEAR. THOSE FIFTY-THREE ARE SHOWN IN PART VII OF FORM 990. AS OF JUNE 30, 2016 THERE WERE A TOTAL OF FIFTY-ONE VOTING BOARD MEMBERS SERVING THE ORGANIZATION AS DISCLOSED IN PART VI, LINES 1A & 1B, AND PART I, LINES 3 & 4. FORM 990, PART VI, SECTION A, LINE 2 JOHN THORNTON AND BRIAN GREENSPUN - BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES HAS APPOINTED THE AUDIT COMMITTEE OF THE BOARD AS THE RESPONSIBLE BOARD PARTY FOR REVIEWING THE FORM 990 AND 990T EACH YEAR STARTING WITH THE FISCAL YEAR ENDED JUNE 30, 2009. ONCE THE FORM HAS BEEN COMPLETED IT IS REVIEWED INTERNALLY BY THE PRESIDENT, THE CHIEF FINANCIAL OFFICER, THE CONTROLLER, THE GENERAL COUNSEL, AND OTHER MEMBERS OF THE SENIOR STAFF, ALONG WITH THE AUDIT COMMITTEE. ONCE THOSE REVIEWS ARE COMPLETED AND THE DOCUMENT HAS BEEN APPROVED, IT IS SENT TO ALL VOTING MEMBERS OF THE BOARD OF TRUSTEES BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, ALL BROOKINGS PERSONNEL AND CERTAIN AFFILIATES ARE REQUIRED TO COMPLETE A DISCLOSURE AND ACKNOWLEDGMENT FORM RELATED TO THE INSTITUTION'S CONFLICT OF INTEREST POLICY. SPECIFICALLY, ALL EMPLOYEES ARE REQUIRED TO ACKNOWLEDGE THAT THEY HAVE READ, UNDERSTOOD, AND ARE COMMITTED TO ABIDING BY THE INSTITUTION'S CONFLICT OF INTEREST POLICY AS WELL AS CERTAIN OTHER INSTITUTIONAL POLICIES AND ARE ADDITIONALLY ASKED TO MAKE CERTAIN DISCLOSURES ABOUT THEIR ACTIVITIES OUTSIDE OF WORK AND FINANCES TO HELP IDENTIFY POSSIBLE CONFLICTS OF INTEREST. ALL FORMS ARE SUBMITTED TO THE OFFICE OF THE GENERAL COUNSEL, WHICH REVIEWS THEM AND HAS DISCRETION TO MAKE RECOMMENDATIONS OR RAISE CONCERNS WITH AFFECTED INDIVIDUALS AS APPROPRIATE. MINOR ISSUES INVOLVING POTENTIAL OR APPARENT CONFLICTS OF INTEREST AND QUESTIONS ABOUT THE SAME ARE RESOLVED BY THE GENERAL COUNSEL IN CONSULTATION WITH OTHER MEMBERS OF SENIOR MANAGEMENT AS APPROPRIATE. MAJOR CONFLICT OF INTEREST ISSUES AND CONFLICT OF INTEREST ISSUES INVOLVING TRUSTEES HAVE BEEN REFERRED TO THE AUDIT COMMITTEE. THE GENERAL COUNSEL REGULARLY CONFERS WITH THE CHAIR OF THE AUDIT COMMITTEE REGARDING THE INSTITUTION'S CONFLICT OF INTEREST POLICY AND ANY CONFLICT OF INTEREST ISSUES. FORM 990, PART VI, SECTION B, LINE 15 THE INSTITUTION'S BYLAWS PROVIDE FOR A COMPENSATION COMMITTEE CONSISTING OF THE CHAIR (OR CO-CHAIRS) OF THE BOARD OF TRUSTEES, THE VICE-CHAIRS, AND THE CHAIRS OF THE STANDING COMMITTEES OF THE BOARD (AUDIT, BUDGET AND FINANCE, NOMINATING AND GOVERNANCE, INVESTMENT AND DEVELOPMENT). THE CHAIR (OR CO-CHAIRS) DETERMINES THAT THE MEMBERS ARE FREE OF ANY CONTRACTUAL OR OTHER RELATIONSHIPS THAT WOULD PUT INTO QUESTION THE EXERCISE OF HIS OR HER INDEPENDENT JUDGMENT. THE COMPENSATION COMMITTEE HAS THE AUTHORITY TO SET THE SALARY OF THE PRESIDENT AND SUCH OTHER OFFICERS, DIRECTORS, MANAGERS, OR EMPLOYEES AS THE EXECUTIVE COMMITTEE OR AUDIT COMMITTEE RECOMMENDS BE SET BY THE COMPENSATION COMMITTEE. IN SETTING SUCH SALARIES, THE COMPENSATION COMMITTEE ASKS THE CHIEF OPERATING OFFICER AND THE CHIEF HUMAN RESOURCES OFFICER TO GATHER RELEVANT SALARY COMPARABILITY DATA AND RECORD COMMITTEE MINUTES WHICH CLEARLY DOCUMENT THE COMMITTEE'S DECISIONS AND THE RATIONALE UNDERLYING SUCH DECISIONS. THE COMMITTEE TENDS TO USE AN OUTSIDE CONSULTANT TO ESTABLISH SALARY COMPARABLES AND TO DETERMINE THE REASONABLENESS OF THE COMPENSATION RECEIVED BY ALL DISQUALIFIED PERSONNEL. FORM 990, PART VI, SECTION C, LINE 19 BROOKINGS' CONFLICT OF INTEREST POLICY AND OTHER KEY POLICIES ARE AVAILABLE ON OUR WEBSITE, BROOKINGS.EDU. BROOKINGS LINKS TO GUIDESTAR.ORG FROM ITS WEBSITE TO PROVIDE THE FORM 990. FORM 990, PART IX, LINE 11G CONTACTS/PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 9,414,261. MANAGEMENT AND GENERAL EXPENSES 1,962,454. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,376,715. QUALIFIED SUBCONTACTS: PROGRAM SERVICE EXPENSES 179,774. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 179,774. TEMPORARY HELP: PROGRAM SERVICE EXPENSES 881,336. MANAGEMENT AND GENERAL EXPENSES 54,445. FUNDRAISING EXPENSES 28,209. TOTAL EXPENSES 963,990. FORM 990, PART XI, LINE 9: GAIN/(LOSS) ON FOREIGN CURRENCY EXCHANGE 1,183,136. EFFECT OF ADOPTION PROVISIONS SFAS NO. 158 319,000. INDIA PRIVATE EXPENSES NOT INCLUDED IN FORM 990 -3,574. FOREIGN CURRENCY 2,246. FORM 990, PAGE 2, PART III, MISSION THE BROOKINGS INSTITUTION (BROOKINGS) IS A NONPROFIT PUBLIC POLICY ORGANIZATION THAT CONDUCTS IN-DEPTH, INDEPENDENT RESEARCH WITH THE GOAL OF IMPROVING GOVERNANCE AND SOLVING PROBLEMS FACING SOCIETY AT THE LOCAL, NATIONAL AND GLOBAL LEVEL. BROOKINGS ACHIEVES IMPACT BY PROVIDING POLICY ANALYSIS AND RECOMMENDATIONS ON PRESSING POLICY CHALLENGES, WHICH ARE DISSEMINATED THROUGH REPORTS, BOOKS, MEDIA APPEARANCES, OP-EDS, BLOG POSTS, CONGRESSIONAL TESTIMONY, PUBLIC AND PRIVATE EVENTS, AND OPINION PIECES POSTED ON BROOKINGS'S WEBSITE, AS WELL AS BRIEFINGS FOR POLICYMAKERS AND THEIR STAFFS. HEADQUARTERED IN WASHINGTON, DC, BROOKINGS IS ORGANIZED INTO FIVE RESEARCH PROGRAMS THAT FOCUS ON DOMESTIC AND INTERNATIONAL ECONOMICS, FOREIGN POLICY, INTERNATIONAL DEVELOPMENT, GOVERNANCE, AND METROPOLITAN POLICY. BROOKINGS HAS OVERSEAS CENTERS IN QATAR, CHINA, AND INDIA. IN 2016, BROOKINGS ADOPTED A NEW STRATEGIC PLAN THAT REFOCUSES ITS MISSION, ENGAGES NEW AUDIENCES, PROMOTES INTERDISCIPLINARY COLLABORATION, INCREASES DIVERSITY, AND STRENGTHENS EFFICIENCY AND SUSTAINABILITY. BROOKINGS CENTER - DOHA PO BOX 22694 DOHA QA ANALYSIS AND RESEARCH QA THE BROOKINGS INSTITUTION 1 BROOKINGS INDIA PRIVATE LIMITED 1568 CHURCH ROAD KASHMERE GATE NEW DELHI IN 110006 ANALYSIS AND RESEARCH IN THE BROOKINGS INSTITUTION C 8216 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0