2015-12-14T06:18:52-06:00 2015-06-30 BDO USA LLP 8401 GREENSBORO DRIVE SUITE 800 MCLEAN VA 22102 990 2014-07-01 201476451 PBS Foundation % PETER QUINLIVAN-VP&CONTROLLE PBS 7037395051 2100 CRYSTAL DRIVE ARLINGTON VA 22202 BARBARA L LANDES TREASURER 7037395051 2015-12-11 true Joyce Underwood P00022361 7038930600 2014 2016-03-07 17:11:31Z PAULA KERGER Same as C above ARLINGTON VA 22202 10370444 false X http://www.pbs.org/foundation X 2004 DC SEE SCHEDULE O 11 10 8 11 0 5305666 10303436 0 0 383 5981 0 0 5306049 10309417 1856437 3372504 0 0 894933 959193 0 0 1172637 1011060 961144 3762430 5292841 1543619 5016576 2292429 7035806 462995 203874 1829434 6831932 TO ENLIST PHILANTHROPIC SUPPORT OF PUBLIC BROADCASTING THROUGH ESTABLISHING SPECIAL INITIATIVES FUNDS AND A PERMANENT ENDOWMENT TO ENSURE PBS'S CONTINUED EXCELLENCE, AND TO PROMOTE AND ENHANCE OUTSTANDING PUBLIC BROADCASTING PROGRAMS AND SERVICES. false false 3216950 3216950 THE FOUNDATION MAKES GRANTS TO PBS TO ENSURE PBS' CONTINUED EXCELLENCE AND TO PROMOTE AND ENHANCE OUTSTANDING PUBLIC BROADCASTING PROGRAMS AND SERVICES. GRANTS TO PBS CONSIST OF FUNDING FOR PBS KIDS DEVELOPMENT OF MATERIALS AND TOOLS THAT SUPPORT KINDERGARTEN READINESS, CHARACTER FORMATION AND EDUCATOR RESOURCES; FOR THE PBS KIDS CURRICULUM FRAMEWORK INITIATIVE; FOR THE PBS HISTORICAL PILOT "MERCY STREET"; TO CONTINUE DEVELOPMENT OF NEW LEARNING MEDIA DIGITAL OBJECTS; TO CREATE NEW PBS KIDS GAME AND PARENT SUPERVISION MOBILE APPLICATIONS; AND TO FACILITATE ADDITIONAL NEWS AND PUBLIC AFFAIRS AND GENERAL ARTS PROGRAMMING. 155554 155554 THE FOUNDATION PROVIDES ASSISTANCE TO PBS MEMBER STATIONS IN SOLICITING ONLINE DONATIONS WHICH ARE FULLY DISTRIBUTED TO THE MEMBER STATIONS AFTER REIMBURSEMENT OF TRANSACTIONAL COSTS. 56234 0 THE FOUNDATION MAKES PAYMENTS TO EXTERNAL PROGRAMMING SERVICE PROVIDERS FOR GREENLIGHTED INITIATIVES, AND DOCUMENTS RECOVERY OF ADMINISTRATIVE COSTS WHEN APPROVED BY THE GRANTOR. THERE WERE NO DIRECT PAYMENTS TO PROGRAMMING SERVICE PROVIDERS IN FISCAL 2015. 3428738 true true false false false false false false false true false false false false false true true true false false false false false false false false false true false true false false false false false false false false true false false false false true false false false true 8 0 true 8 true false false false false false false false false false false X 11 10 true false true false true true true true true false false true true true true true true true true false AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X PETER QUINLIVAN-VPCONTROLLE 7037395000 2100 CRYSTAL DRIVE ARLINGTON VA 22202 MARY GF BITTERMAN DIRECTOR 1.0 0.0 X 0 0 0 DONALD A BAER DIRECTOR 1.0 0.0 X 0 0 0 FRED BERENS DIRECTOR 1.0 0.0 X 0 0 0 DONALD K BOSWELL DIRECTOR 1.0 0.0 X 0 0 0 WENDY DAYTON DIRECTOR 1.0 0.0 X 0 0 0 JOHN S DOMASCHKO DIRECTOR 1.0 0.0 X 0 0 0 JULIA I KAUFFMAN DIRECTOR 1.0 0.0 X 0 0 0 DANIEL LEEDS DIRECTOR 1.0 0.0 X 0 0 0 JOHN E PORTER DIRECTOR 1.0 0.0 X 0 0 0 JONATHAN S RACLIN DIRECTOR 1.0 0.0 X 0 0 0 GEOFFREY K SANDS DIRECTOR 1.0 0.0 X 0 0 0 PAULA A KERGER DIRECTOR, PRESIDENT 8.0 32.0 X X 0 802978 89994 MICHAEL D JONES Chief Operating Officer 5.0 35.0 X 0 214071 53644 BARBARA L LANDES TREASURER 5.0 35.0 X 0 420492 45642 KATHERINE S LAUDERDALE SECRETARY 5.0 35.0 X 0 410227 34976 THOMAS E TARDIVO ASSISTANT TREASURER 5.0 35.0 X 0 298690 44922 KATHLEEN RUSSELL ASSISTANT SECRETARY 5.0 35.0 X 0 92144 8884 BRIAN J REDDINGTON EXECUTIVE DIRECTOR 40.0 0.0 X 261451 0 27807 KAREN E AVERY SR DIR. INSTIT. GIVING 40.0 0.0 X 144893 0 34573 JOYCE S HERRING DIR. PBS SVP STATION AFFAIRS 0.0 0.0 X 0 256602 31364 406344 2495204 371806 2 true true false ORACLE AMERICA INC POBOX 203448 DALLAS TX 753203448 software support 150000 1 1337466 43409 8922561 61027 10303436 0 7995 7995 0 0 0 0 0 59013 61027 -2014 -2014 -2014 0 0 0 0 10309417 5981 3372504 3372504 0 0 0 522027 172891 349136 0 352964 250822 102142 22966 17168 5798 39642 27433 12209 21594 15381 6213 0 77003 77003 22100 22100 0 0 54 54 103524 30000 73524 49764 4833 44931 40672 40672 201014 44030 156984 0 71964 36621 35343 86700 9413 77287 0 34838 3149 31689 0 0 0 0 ONLINE FUNDRAISING EXPENSE 271048 271048 ADMIN COST RECOVERY -9260 56234 -65494 OTHER 11723 5390 6333 5292841 3428738 691466 1172637 326500 86797 0 0 1514797 1694226 0 0 0 0 0 0 0 0 0 0 5659 0 0 185629 4990853 0 0 0 0 0 0 259844 263930 2292429 7035806 199192 203874 263803 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 462995 203874 X 354091 1511037 1475343 1342807 0 3978088 1829434 6831932 2292429 7035806 5016576 -14078 X X false true X true false X X X 1 PUBLIC BROADCASTING SERVICE 520899215 07 true 3216950 0 1 3216950 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5003329 -12422 54 4990853 0.20292 0.79708 0.00000 false false 0 0 X 10515504 -14078 220165 206087 10309417 10309417 5513006 220165 220165 5292841 5292841 PART X, LINE 2: EXPLANATION: FORM 990, SCHEDULE D, PART X, LINE 2: THE FOUNDATION ADOPTED THE PROVISIONS OF ASC 740-10, INCOME TAXES, ON JULY 1, 2007. UNDER ASC 740-10, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL BE SUSTAINED. THE IMPLEMENTATION OF ASC 740-10 HAD NO IMPACT ON THE FOUNDATION'S FINANCIAL STATEMENTS. THE FOUNDATION DOES NOT BELIEVE THERE ARE ANY UNRECOGNIZED TAX BENEFITS THAT SHOULD BE RECORDED. FOR THE YEARS ENDED JUNE 30, 2015 AND 2014, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE STATEMENTS OF ACTIVITIES. THE FOUNDATION IS STILL OPEN TO EXAMINATION BY TAXING AUTHORITIES FROM FISCAL YEAR 2012 FORWARD. PART V, LINE 4: EXPLANATION: FORM 990, SCHEDULE D, PART V, LINE 4: AT JUNE 30, 2015, THE FOUNDATION HAD ENDOWMENT FUNDS TOTALING $4,990,853. OF THIS TOTAL, FUNDS OF $3,978,088 WERE PERMANENTLY RESTRICTED WITH DONOR IMPOSED STIPULATIONS ON THE USE OF THE FUNDS. IN ADDITION TO THE PERMANENTLY RESTRICTED FUND, THE FOUNDATION HAD BOARD DESIGNATED ENDOWMENT FUNDS. DONOR RESTRICTED ENDOWMENT FUND: THE IRIS AND JOSEPH POLLOCK FUND: TO PROVIDE FOR THE BROADCAST AND DISSEMINATION OF CLASSICAL MUSIC PROGRAMMING. BOARD DESIGNATED FUND: PBS ENDOWMENT FUND: TO PROVIDE A CONTINUED SOURCE OF INCOME FOR OPERATIONS, SPECIAL PROJECTS, CAPITAL IMPROVEMENTS OR FOR EMERGENCY NEEDS. FORM 990, SCHEDULE D, PART V: THE PBS ENDOWMENT FUND CONSISTS OF INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED STIPULATIONS. THE FOUNDATION REPORTS THOSE FUNDS IN ACCORDANCE WITH ASC 958 (ENDOWMENTS OF NOT-FOR-PROFIT ORGANIZATIONS: NET ASSET CLASSIFICATIONS OF FUNDS SUBJECT TO AN ENACTED VERSION OF THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (UPMIFA), AND ENHANCED DISCLOSURES FOR ALL ENDOWMENT FUNDS). true PUBLIC BROADCASTING SERVICE 2100 CRYSTAL DRIVE ARLINGTON VA 22202 520899215 501 (C )(3) 3216950 SEE PART IV THIRTEENWNET EDUCATIONAL BRAODCASTING CORP 825 EIGHTH AVENUE NEW YORK NY 100197435 131945149 501 (C )(3) 22673 SEE PART IV KOCEPBS SOCAL PO BOX 25113 SANTA ANA CA 927995113 953220724 501 (C )(3) 14693 SEE PART IV KQED - TV 2601 MARIPOSA STREET SAN FRANCISCO CA 941101426 941241309 501 (C )(3) 6965 SEE PART IV KNME-TVCHANNEL 5 1130 UNI BLVD NE ALBUQUERQUE NM 87102 856000642 STATE - NM 6219 SEE PART IV WETA 3939 CAMPBELL AVENUE ARLINGTON VA 22206 530242992 501 (C )(3) 5016 SEE PART IV 6 0 PART I, LINE 2: EXPLANATIONS: FORM 990, SCHEDULE I, PART I, LINE 2. The PBS Foundation's procedures for monitoring the use of grant funds in the U.S. include the following: 1) organizing the receipt and management of funding; 2) ensuring a task management plan is established to meet the funder's requirements; 3) implementing a system of compliance management to ensure resources are properly stewarded; 4) maintaining accounting and financial management systems and practices; 5) following audit management processes; and 6) providing regular reporting to the funder. PART II COLUMN (H) - PURPOSE OF GRANT OR ASSISTANCE PBS: TO SUPPORT THE PUBLIC BROADCASTING SERVICE ALL REMAINING GRANTS: GRANT OF ONLINE CONTRIBUTIONS RECEIVED TO SUPPORT MEMBER STATIONS. X X X true false false false false false false false false PAULA A KERGER DIRECTOR, PRESIDENT 0 608844 0 187200 0 6934 0 52000 0 37994 0 892972 0 0 MICHAEL D JONES Chief Operating Officer 0 197420 0 0 0 16651 0 22500 0 31144 0 267715 BARBARA L LANDES TREASURER 0 329046 0 80765 0 10681 0 22500 0 23142 0 466134 KATHERINE S LAUDERDALE SECRETARY 0 327112 0 80765 0 2350 0 22500 0 12476 0 445203 THOMAS E TARDIVO ASSISTANT TREASURER 0 238069 0 57013 0 3608 0 16900 0 28022 0 343612 BRIAN J REDDINGTON EXECUTIVE DIRECTOR 221205 0 39017 0 1229 0 17700 0 10107 0 289258 0 KAREN E AVERY SR DIR. INSTIT. GIVING 137565 0 7328 0 0 0 11784 0 22789 0 179466 0 JOYCE S HERRING DIR. PBS SVP STATION AFFAIRS 0 0 0 0 256602 0 23000 0 8364 0 287966 0 0 PART I, LINE 4A: JOYCE HERRING RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $256,250 IN CALENDAR YEAR 2014. X 4 61027 MARKET VALUE false true true SCHEDULE M, PART I, COLUMN (B): SCHEDULE M, PART I, COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. SCHEDULE M, Part I, LINE 31: NON-STANDARD GIFTS, AND ALL GIFTS > $100K IN IMPUTED VALUE, ARE REVIEWED FOR APPROPRIATENESS BY THE GIFT ACCEPTANCE COMMITTEE (GAC). THE PBS FOUNDATION'S GIFT ACCEPTANCE POLICY DENOTES ACCEPTANCE AND LIQUIDATION OF UNRESTRICTED GIFTS OF PUBLICLY TRADED SECURITIES, RESTRICTED SECURITIES AND TRANSFER OF MUTUAL FUNDS IN SUPPORT OF INITIATIVES CONSISTENT WITH THE FOUNDATION'S MISSION, PURPOSE AND PRIORITIES, AND COMPATIBLE WITH THE FOUNDATION'S TAX-EXEMPT STATUS. TRANSFERS ARE MADE TO THE FOUNDATION'S INVESTMENT ACCOUNT, OR DONOR ACCOUNTS MAY BE TRANSFERRED TO THE FOUNDATION AS THE BENEFICIARY OF A BEQUEST OR RETIREMENT PLAN. THE FOUNDATION WORKS WITH THE APPLICABLE FINANCIAL INSTITUTION AND THE PARENT COMPANY'S DIRECTOR OF TREASURY TO CONVERT SECURITIES TO CASH, WITHIN A 90 DAY PERIOD FROM RECEIPT OF THE GIFT. GIFTS OF TANGIBLE PERSONAL AND REAL PROPERTY ARE REVIEWED FOR ACCEPTANCE BY THE GIFT ACCEPTANCE COMMITTEE ON A CASE-BY-CASE BASIS. SCHEDULE M, Part I, LINE 32 a, b: THE PBS DIRECTOR OF TREASURY PROVIDES ASSISTANCE IN LIQUIDATING NON-CASH CONTRIBUTIONS DIRECTED TO THE PBS FOUNDATION, AND PROVIDES OVERSIGHT TO THE FOUNDATION'S ENDOWMENT FUNDS INVESTMENT PORTFOLIO. FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE FOUNDATION MAKES GRANTS TO PBS TO ENSURE PBS' CONTINUED EXCELLENCE AND TO PROMOTE AND ENHANCE OUTSTANDING PUBLIC BROADCASTING PROGRAMS AND SERVICES. GRANTS TO PBS IN FISCAL 2015 CONSISTED OF FUNDING TO SUPPORT THE DEVELOPMENT OF MATERIALS FOR PARENTS, KIDS, AND CAREGIVERS THAT SUPPORT KINDERGARTEN READINESS IN THE AREAS OF MATH, LITERACY, AND SOCIAL EMOTIONAL (SE) SKILLS; TO SUPPORT THE DEVELOPMENT OF A SERIES OF PARENT AND CHILD ENGAGEMENT TOOLS AND RESOURCES THAT SUPPORT CHARACTER FORMATION IN CHILDREN; TO SUPPORT THE PBS KIDS CURRICULUM FRAMEWORK INITIATIVE; TO SUPPORT THE PBS HISTORICAL PILOT "MERCY STREET"; TO CONTINUE DEVELOPMENT OF NEW LEARNING MEDIA DIGITAL OBJECTS; TO CREATE NEW PBS KIDS GAME AND PARENT SUPERVISION MOBILE APPLICATIONS AND TO FACILITATE ADDITIONAL NEWS AND PUBLIC AFFAIRS AND GENERAL ARTS PROGRAMMING. FORM 990, PART VI, SECTION A, LINE 2: PBS FOUNDATION BOARD DIRECTOR JONATHAN RACLIN WAS AN INVESTMENT MANAGER FOR PBS FOUNDATION BOARD MEMBER JOHN PORTER IN FISCAL 2015. FORM 990, PART VI, SECTION A, LINE 4: AMENDMENT INCREASING THE MAXIMUM SIZE OF THE FOUNDATION'S BOARD FROM 15 TO 20 MEMBERS WAS APPROVED IN JUNE 2015 (ARTICLE 3.2 OF THE FOUNDATION BYLAWS). AMENDMENTS PROVIDING FOR FLEXIBILITY IN THE TERM OF THE CHAIR OF THE BOARD WERE APPROVED IN JUNE 2015 (ARTICLES 3.8, 3.9 OF THE FOUNDATION BYLAWS). FORM 990, PART VI, SECTION A, LINE 6: PBS IS PBS FOUNDATION'S SOLE MEMBER (ARTICLE 2.1 OF THE PBS FOUNDATION BYLAWS). FORM 990, PART VI, SECTION A, LINE 7A: PER ARTICLE 3.3 OF THE PBS FOUNDATION BYLAWS, the Chair of the PBS Board of Directors, the President of PBS and a third member from either the PBS Board of Directors or a senior executive of PBS, shall serve as ex officio voting members of the PBS Foundation Board. FORM 990, PART VI, SECTION A, LINE 7B: PER ARTICLE 3.3 OF THE BYLAWS, PBS'S NOMINATING AND CORPORATE GOVERNANCE COMMITTEE MUST APPROVE ALL APPOINTMENTS OF PBS FOUNDATION BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B: THE PROCESS FOR REVIEWING THE PBS FOUNDATION FORM 990 PRIOR TO FILING INCLUDES A THOROUGH REVIEW BY THE EXECUTIVE DIRECTOR AND CERTAIN OFFICERS OF THE PBS FOUNDATION, INCLUDING THE PRESIDENT, TREASURER, ASSISTANT TREASURER AND CORPORATE SECRETARY. THESE OFFICERS OF THE FOUNDATION ARE ALSO MEMBERS OF THE SENIOR MANAGEMENT TEAM AT PBS. FORM 990, PART VI, SECTION B, LINE 12C: IN ACCORDANCE WITH PBS'S CONFLICT OF INTEREST POLICY, PBS FOUNDATION EXECUTIVE STAFF, OFFICERS AND BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM AT THE BEGINNING OF EACH FISCAL YEAR AND ARE REQUIRED TO UPDATE THE FORM AS NECESSARY THROUGHOUT THE YEAR. THESE FORMS ARE DISTRIBUTED, COLLECTED, REVIEWED, AND RETAINED BY PBS FOUNDATION'S CORPORATE SECRETARY, WHO ALSO SERVES AS PBS'S GENERAL COUNSEL AND CORPORATE SECRETARY. FORM 990, PART VI, SECTION B, LINE 15A & B: THE PBS FOUNDATION REVIEWS INDEPENDENT, PUBLISHED RESEARCH AND SEEKS THE ADVICE OF A COMPENSATION EXPERT IN ORDER TO DETERMINE ANNUAL COMPENSATION FOR ITS EXECUTIVE DIRECTOR AND OTHER KEY MANAGEMENT POSITIONS. FORM 990, PART VI, SECTION C, LINE 19: FINANCIAL STATEMENTS AND POLICIES GOVERNING THE PBS FOUNDATION ARE MADE AVAILABLE UPON REQUEST IN WRITING. FORM 990, PART VII, SECTION A, LINE 1A, COLUMN B: HOURS DEVOTED TO RELATED ORGANIZATION: PUBLIC BROADCASTING SERVICE PAULA KERGER 32 MICHAEL JONES 35 BARBARA LANDES 35 KATHERINE LAUDERDALE 35 THOMAS TARDIVO 35 KATHY RUSSELL 35 JOYCE HERRING 0 (ALL COMPENSATION WAS SEVERANCE) FORM 990, PART VIII, LINE 7A AND 7B: THE PBS FOUNDATION RECEIVES CONTRIBUTIONS IN THE FORM OF SECURITIES WHICH IN PRACTICE IT LIQUIDATES TO CASH AS SOON AS REASONABLY POSSIBLE. THESE AMOUNTS ARE RECORDED AS CONTRIBUTION REVENUE AT FAIR MARKET VALUE (FMV) IN LINE 1F OF THE SCHEDULE, AND ASSIGNED AN EQUIVALENT COST BASIS IN LINE 7B, IN THE PERIOD RECEIVED. THESE SAME SECURITIES ARE RECORDED AT THE GROSS SALES AMOUNT ON LINE 7A OF THE SCHEDULE WHEN SOLD, RESULTING IN AN OFFSETTING GAIN OR LOSS IN FAIR MARKET VALUE (FMV) AT LIQUIDATION. FORM 990, PART IX, line 25: THE FOUNDATION IS A SUPPORTING ORGANIZATION WHOSE EFFORTS AND RELATED EXPENDITURES SOMETIMES RESULT IN BENEFITS NOT REFLECTED IN ITS OWN Form 990 REPORT, AS THESE BENEFITS ARE RECEIVED DIRECTLY BY ITS SUPPORTED ORGANIZATION, PUBLIC BROADCASTING SERVICE. FORM 990, PART XI, LINE 3: RECONCILIATION OF NET ASSETS: SUPPLEMENTAL INFORMATION EXPLANATION: REVENUES ARE GREATER THAN EXPENSES REFLECTING THE TIMING OF RECEIPT OF GRANT FUNDS OR COMMITMENTS IN ONE PERIOD, AND DISBURSEMENT OF THOSE FUNDS IN FULFILLMENT OF THOSE OBLIGATIONS IN SUBSEQUENT PERIODS. FORM 990, PART XII, LINE 2C: THERE WAS NO CHANGE IN THE AUDIT OVERSIGHT PROCESS FROM THE PREVIOUS YEAR. PUBLIC BROADCASTING SERVICE 2100 Crystal Drive Arlington VA 22202 520899215 SEE PART VII DC 501(c)(3) 07 na false false true true false false false false false false false false true true true false true false false false PART II, COLUMN (B)PRIMARY ACTIVITY: PUBLIC BROADCASTING SERVICE IS A NATIONAL MEMBER ORGANIZATION FOR AMERICA'S PUBLIC TV STATIONS.