2014-05-09T12:12:45-05:00 2013-06-30 KPMG LLP 345 Park Avenue New York NY 101540102 990 2012-07-01 133234632 THE ASIA SOCIETY % DONALD L NAGLE ASIA 2122886400 725 PARK AVENUE Suite NEW YORK NY 100215088 DONALD L NAGLE 2122886400 2014-05-07 true 2127589700 2012 2015-11-30 17:44:51Z JOSETTE SHEERAN 725 PARK AVENUE NEW YORK NY 10021 35214669 false X WWW.ASIASOCIETY.ORG X 1956 NY The Society is an international nonprofit, nonpartisan organization which connects people and institutions in Asia and the world to build understanding, address challenges and maximize opportunities. 53 52 217 117 288 17872845 21915658 2950616 2234704 2162555 3237321 1345578 1129795 24331594 28517478 2122753 1929793 0 0 12381670 12782662 35154 110667 2827484 16206038 13779246 30745615 28602368 -6414021 -84890 98303024 102736271 24528322 22225141 73774702 80511130 X The Society is an international nonprofit, nonpartisan organization which connects people and institutions in Asia and the world to build understanding, address challenges and maximize opportunities. false false 5280325 398972 ART AND CULTURAL PROGRAMS DIVISION - THE SOCIETY'S ART AND CULTURAL PROGRAMS DIVISION, WHICH OPERATES FROM THE NEW YORK CITY HEADQUARTERS, EXPLORES THE VITAL EXPRESSIONS OF DIVERSE ASIAN CULTURES THROUGH EXHIBITIONS, PERFORMANCES, FILMS, LECTURES AND SYMPOSIA. FOR MORE INFORMATION, SEE SCHEDULE O. 3940858 29300 104117 POLICY AND BUSINESS PROGRAM DIVISION - THE ASIA SOCIETY POLICY INSTITUTE IS THE PRINCIPLE INITIATIVE IN THE POLICY AND BUSINESS PROGRAMS DIVISION. OPERATING FROM THE NEW YORK HEADQUARTERS, THE INSTITUTE DEVELOPS AND NURTURES A TRANS-NATIOAL NETWORK TO EFFECTIVELY AND COOPERATIVELY ADDRESS REGIONAL AND GLOBAL ISSUES, BUILD DEEPER UNDERSTANDING IN ASIA AND THE U.S. OF THINKING ON BOTH SIDES ON CRITICAL REGIONAL ISSUES, AND INFLUENCE DECISION MAKING IN DIRECTIONS SUPPORTIVE OF ASIAN-U.S. AND INTRA-ASIAN COOPERATION. IT BRINGS TOGETHER POLICY AND BUSINESS ON EQUAL FOOTING TO SEEK COMMON SOLUTIONS TO CHALLENGES FACING THE U.S. AND ASIA. FOR MORE INFORMATION, SEE SCHEDULE O. 7837673 1834973 1671522 EDUCATION AND LEADERSHIP DIVISION - WORK IN THE EDUCATION AND LEADERSHIP DIVISION IS ORGANIZED AROUND THE GLOBAL LEARNING AND LEADERSHIP NETWORK. THE GOAL OF THE INITIATIVE IS TO CATALYZE SCHOOLS, SCHOOL SYSTEMS, AND YOUTH THEMSELVES TO CREATE A PIPELINE OF GLOBALLY COMPETENT YOUNG LEADERS WHO HAVE THE KNOWLEDGE AND SKILLS REQUIRED TO UNDERSTAND AND ACT ON GLOBAL ISSUES. THE DIVISION DOES THIS BY INCREASING BOTH THE DEMAND AND THE SUPPLY FOR GLOBAL COMPETENCE AND KNOWLEDGE ABOUT ASIA, WHILE PROMOTING EQUITY AND EXCELLENCE IN EDUCATION. FOR MORE INFORMATION, SEE SCHEDULE O. 780089 Communications Division - see SCH O 841654 60093 U.S. Activities - see SCH O 404417 65520 Asian Activities - see SCH O 1284519 Auxiliary Service - see SCH O 3310679 65520 60093 20369535 true true false false false false false true false true true true false false true true true false false true true true false true true false false true true true false false false false false false false false true true false false false false false false false true 237 0 true 217 true false false false false false true true false false false false X 53 52 true false false false false false false true true false true true true true true true true true true false false AL AR CA FL GA ME NJ NY OK RI UT WV X X DONALD L NAGLE 2123279263 725 PARK AVENUE NEW YORK NY 100215088 X EDWARD R ALLEN III 1.0 X 0 0 0 MAX BERRY 1.0 X 0 0 0 HAMID BIGLARI 1.0 X 0 0 0 STEPHEN BIRD 1.0 X 0 0 0 J FRANK BROWN 1.0 X 0 0 0 CHAN HENG CHEE 1.0 X 0 0 0 RONNIE C CHAN 3.0 X 0 0 0 ALBERT 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Part III, Line 1a & Line 4 Collections Items LINE 1A The Asia Society Museum Collection is noted for both its large number of masterpiece-quality objects and the scholarly import awarded to These pieces of traditional and contemporary art. The collection includes The Rockefeller Collection, which is pan-Asian and includes approximately 300 objects, ranging in date from the second millennium B.C.E. to the 18th century, from such diverse nations as India, PAKistan, Bangladesh, Nepal, Myanmar, Thailand, Cambodia, Vietnam, Indonesia, China, Korea, and Japan. It also includes a large number of bronze sculptures and ceramics, as well as paintings, wooden sculptures, and other decorative arts. Most of the Rockefeller Collection was donated to the Society in 1979. Additions since that time consist of donations from the estate of Mrs. Blanchette Rockefeller, a few notable works from other donors and more recently a collection of contemporary art focused on video art and photography. In addition to frequent displays in the exhibition galleries at the Society, selected works from the Collection are also shown as part of special exhibitions either at the Society or in museums throughout the world. When not on display at the Society or on loan to museums for temporary exhibitions, the objects are maintained in climate-controlled storage. The Society maintains policies and procedures addressing the Rockefeller Collections upkeep as well as other Aspects of its management, including accession/deaccession policies. The Society has adopted the policy of not capitalizing its collection. During 2013, no art was acquired with donor-restricted funds. During 2012, art was acquired with donor-restricted funds at a cost of $150,000. This expenditure was included in cultural programs expenses in the statement of activities. LINE 4 ASIA SOCIETY'S COLLECTION FURTHERS THE EXEMPT PURPOSE OF THE ORGANIZATION BY PRESERVING ASIAN ART WORK FOR PUBLIC VIEWING AND IS USED IN EDUCATIONAL EXHIBITIONS AND PUBLICATIONS. FORM 990, SCH D, PART V ENDOWMENT THE PURPOSE OF THE ASIA SOCIETY'S ENDOWMENT FUNDS IS TO SUPPORT ITS OPERATING AND CAPITAL NEEDS INCLUDING SUPPORT OF THE SOCIETY'S PROGRAMS, BUILDINGS AND MAINTENANCE OF ITS ART COLLECTION. FORM 990, SCH D, PART X TAX STATUS THE SOCIETY IS EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(3)OF THE INTERNAL REVENUE CODE, EXCEPT FOR UNRELATED BUSINESS INCOME ACTIVITIES. IN ADDITION, THE SOCIETY IS TAX-EXEMPT FROM STATE AND LOCAL INCOME TAX FOR RELATED ACTIVITIES, PROPERTY TAXES, AND SALES TAX. THE SOCIETY HAS EVALUATED ITS TAX POSITIONS AND HAS DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS AND IT WILL CONTINUE TO BE EXEMPT FROM TAXES. FORM 990, SCH D, PART XI, LINE 2D & 4B AND PART XII, LINE 2D RECONCILIATION OF REVENUES AND EXPENSES PER 990 PART XI, LINE 2D SPECIAL EVENTS NET REVENUE (99,469) CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 732,282 ----------- TOTAL $632,813 PART XI, LINE 4B RECLASS OF RENTAL EXPENSES (64,961) COST OF GOODS SOLD (404,531) INCOME FROM INVESTMENT IN LIMITED PARTNERSHIPS 288 ----------- TOTAL $(469,204) PART XII, LINE 2D RECLASS OF RENTAL EXPENSES 64,961 COST OF GOODS SOLD 404,531 SPECIAL EVENTS NET REVENUE (99,469) ---------- TOTAL $370,023 true East Asia and the Pacific 2 2 Program Services Consulting 229349 East Asia and the Pacific Program Services Conference 341966 East Asia and the Pacific Grantmaking 65520 Central America and the Caribbean Investments 10813411 2 2 2 2 11450246 11450246 East Asia and the pacific Support-Part V 65520 WIRE TRANSFE 1 true false true true true false FORM 990, SCH F, PART I, LINE 2 MONITORING THE USE OF GRANTS OUTSIDE THE UNITED STATES INTERNATIONAL GRANTS WERE MADE TO THE ASIA SOCIETY AFFILIATE IN HONG KONG. THE USE OF THE GRANTS IS MONITORED THROUGH MONTHLY CONFERENCE CALLS AND QUARTERLY FINANCIAL REPORTING. GRANTS ARE REPORTED ON THE ACCRUAL BASIS. FORM 990, SCH F, PART I, LINE 3, COLUMN (D) AND PART II, LINE 1, COL(B) ACTIVITIES CONDUCTED IN REGION ACTIVITIES CONDUCTED IN EAST ASIA AND THE PACIFIC REGION INCLUDE A CONSULTANT WHO REPRESENTS ASIA SOCIETY IN SHANGHAI, CHINA, A CONSULTANT WHO WORKS FOR THE ASIA 21 PROGRAM IN THE PHILIPPINES AND FIVE CONFERENCES: ASIA 21, WOMEN'S LEADERSHIP, ASIA SOCIETY ART GALA, THE U.S.-CHINA MUSEUM DIRECTORS FORUM, AND PACIFIC CITIES SUSTAINABILITY INITIATIVE (PCSI) ANNUAL FORUM. FORM 990, SCH F, PART II, LINE 1, COL(D) PURPOSE OF GRANT PURPOSE OF GRANT IN EAST ASIA AND THE PACIFIC IS SUPPORT TO ASIA SOCIETY HONG KONG CENTER. 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501(C)(3) 10000 CHINESE LNG TEACHING & LEARNING SCHOOL BOARD OF PINELLAS COUNTY 301 4TH ST SW LARGO FL 33770 596000799 10000 CHINESE LNG TEACHING & LEARNING SEATTLE SCHOOL DISTRICT PO BOX 34165 M5 SEATTLE WA 98124 916001541 SSD 37222 CHINESE LNG TEACHING & LEARNING PVCI CHARTER SCHOOL 317 RUSSELL STREET HADLEY MA 01035 331156447 501(C)(3) 28000 CHINESE LNG TEACHING & LEARNING GREENWICH BOARD OF EDUCATION 290 GREENWICH AVENUE GREENWICH CT 06830 066002006 10000 CHINESE LNG TEACHING & LEARNING RAMAPO CENTRAL SCHOOL DISTRICT 45 MOUNTAIN AVENUE HILLBURN NY 10931 136007168 RCSD 10000 CHINESE LNG TEACHING & LEARNING AMBASSADOR SCHOOL OF GLOBAL EDUCATION 3201 WEST 8TH ST LOS ANGELES CA 90005 956001908 LOS ANGELES 10000 CHINESE LNG TEACHING & LEARNING INTERNATIONAL HIGH SCHOOL AT SHARPSTOWN 8330 TRIOLA LANE HOUSTON TX 77036 746001255 HISD 25000 IMPLEMENTATION OF THE GPS NEWFOUND AREA SCHOOL DISTRICT 20 NORTH MAIN STREET BRISTOL NH 03222 020265144 NASD 70000 BUILD CAPACITY FOR PROFICIENCY-BASED DENVER PUBLIC SCHOOLS 574 W SIXTH AVENUE DENVER CA 80204 846001099 501(C)(3) 140000 IMPLEMENTATION OF THE GPS COLLEGIATE SCHOOL 103 NORTH MOORELAND RD RICHMOND VA 23229 540528203 501(C)(3) 10000 CHINESE LNG TEACHING & LEARNING FOREST HILLS PUBLIC SCHOOLS 6590 CASCADE ROAD SE GRAND RAPIDS MI 49546 386026843 FHSD 31075 CHINESE LNG TEACHING & LEARNING GAHANNA-JEFFERSON SCHOOL DISTRICT 160 SOUTH HAMILTON ROAD GAHANNA OH 43230 316400607 OH 10000 CHINESE LNG TEACHING & LEARNING GLASTONBURY PUBLIC SCHOOLS 628 HEBRON AVE GLASTONBURY CT 06033 066001616 GLASTONBURY 32144 CHINESE LNG TEACHING & LEARNING HALF HOLLOW HILLS CENTRAL SCH DIST OF HUNTIN 525 HALF HOLLOW RD DIX HILLS NY 11746 116002971 DIX HILLS 10000 CHINESE LNG TEACHING & LEARNING HERRICKS PUBLIC SCHOOLS 999 B HERRICKS ROAD NEW HYDE PARK NY 11040 116003159 HUFSD 10000 CHINESE LNG TEACHING & LEARNING HENRY STREET SCHOOL FOR INTERNATIONAL STUDIES 220 HENRY STREET NEW YORK NY 10002 690210637 NYC DOE 10000 CHINESE LNG TEACHING & LEARNING THE HILL SCHOOL 717 EAST HIGH ST POTTSTOWN PA 19464 231352647 501(C)(3) 10000 CHINESE LNG TEACHING & LEARNING EAST-WEST SCHOOL OF INTERNATIONAL STUDIES 46-21 COLDEN STREET FLUSHING NY 11355 136400434 NYC DOE 10000 CHINESE LNG TEACHING & LEARNING HERITAGE HALL 1800 NW 122ND ST OKLAHOMA CITY OK 73120 730783395 501(C)(3) 30000 CHINESE LNG TEACHING & LEARNING EDWARD BLEEKER JHS 185 147-26 25TH DRIVE FLUSHING NY 11354 690210637 40000 CHINESE LNG TEACHING & LEARNING KETTLE MORAIN HIGH SCHOOL 349 N OAK CREST DR WALES WI 53183 391024329 10000 CHINESE LNG TEACHING & LEARNING EMBRACE 201 SPEAR STREET SAN FRANCISCO CA 94105 830509261 501(C)(3) 10000 PUBLIC SERVICE AWARD COMMITTEE TO PROTECT JOURNALISTS 330 SEVENTH AVE 11TH FL NEW YORK NY 10001 133081500 501(C)(3) 10000 OSBORN ELLIOTT JOURNALISM PRIZE COLLEGE OF STATEN ISLAND HS FOR INT'L STUDIES 100 ESSEX DRIVE STATEN ISLAND NY 10314 136400434 19074 CSI RELIEF FUND FOR CLDN & FAMILIES 81 14 BERNARD SCHWARTZ BOOK AWARD 1 20000 FORM 990, SCH I, PART I, LINE 2 MONITORING THE USE OF GRANTS IN THE UNITED STATES ASIA SOCIETY HAS AN ONGOING MULTI-YEAR RELATIONSHIP WITH OUR GRANT RECIPIENTS AND MONITORS THEIR ONGOING WORK AND GRANT USAGE THROUGH THIS RELATIONSHIP. FORM 990, SCH I, PART III, LINE 1(f) Books are evaluated based on their ability to Provide special insights and new perspectives into understanding contemporary Asia and/or U.S.-Asia relations. AS WELL AS, describe and explain changes taking place in Asia and/or in U.S.-Asia relations and the implications for the wider world to a general audience. THEY MUST bring forth ideas that offer potential policy impacts relating to the region. An independent jury comprised of experts in the fields of policy, media, academia, cultural affairs, and business will select the winner. The winning author will receive a $20,000 prize and be honored at a special event at Asia Society. X true true X X X X false false false false false false false false false VISHAKHA DESAI 551238 0 0 0 12044 0 12500 0 10518 0 586300 0 0 0 MELISSA CHIU 238099 0 0 0 60 0 11954 0 19559 0 269672 0 0 0 DONALD NAGLE 189130 0 0 0 258 0 9832 0 20933 0 220153 0 0 0 ANTHONY JACKSON 193741 0 0 0 1214 0 9852 0 22984 0 227791 0 0 0 SHAYNE DOTY 215894 0 0 0 138 0 10776 0 7065 0 233873 0 0 0 SUZANNE DIMAGGIO 158681 0 0 0 90 0 8019 0 20175 0 186965 0 0 0 ORVILLE SCHELL 287323 0 0 0 1236 0 12500 0 20659 0 321718 0 0 0 ANNE GODSHALL 176050 0 0 0 138 0 8881 0 9254 0 194323 0 0 0 KIM WOODWARD 140355 0 0 0 0 0 6982 0 16624 0 163961 0 0 0 NEELAM PATEL 138273 0 0 0 54 0 2218 0 14558 0 155103 0 0 0 GEORGE PAPAMICHAEL 137475 0 0 0 396 0 6982 0 20916 0 165769 0 0 0 SCH J, PART I, LINE 1A TRAVEL FOR COMPANIONS IN CALENDAR YEAR 2012, THE COMPANION TRAVEL OF $9,288 IS FOR AIR TICKETS FOR ROBERT OXNAM, HUSBAND OF VISHAKHA DESAI (FORMER PRESIDENT OF ASIA SOCIETY), TO ATTEND THE OPENINGS OF THE ASIA SOCIETY HONG KONG CENTER AND TEXAS CENTER, AND MEET GOVERNMENT OFFICIALS AND OTHER INDIVIDUALS ON ASIA SOCIETY RELATED BUSINESS IN INDIA AND CHINA. THE AMOUNT WAS NOT INCLUDED IN VISHAKHA DESAI'S W-2 EARNINGS AS HE PLAYED AN IMPORTANT ROLE ON THE TRIPS AS THE FORMER PRESIDENT OF ASIA SOCIETY AS WELL AS A CHINA EXPERT. ADDITIONALLY, DR. DESAI'S HUSBAND PARTICIPATED IN A NUMBER OF PANEL DISCUSSIONS. X 11 0 X 12 374829 Average Market Price X Auction 19 85950 Per Auction Price 1 false true true FORM 990, SCH M, PART I, LINE 1(B) THE NUMBER REPORTED ON LINE 1(B) REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, SCH M, PART I, LINE 25 $85,950, WHICH WAS REPORTED FOR THE AUCTION ITEMS, REPRESENTS THE NET PROCEEDS TO ASIA SOCIETY. FORM 990, SCH M, PART I, LINE 31 THE ASIA SOCIETY HAS A GIFT ACCEPTANCE POLICY PERTAINING TO THE REVIEW OF POTENTIAL CONTRIBUTIONS OF ART. FORM 990, SCH M, PART I, LINE 32 A ASIA SOCIETY USED A THIRD PARTY TO DESIGN AND EXECUTE THE AUCTION. FORM 990, SCH M, PART I, LINE 33 ASIA SOCIETY'S COLLECTION PRESERVES ASIAN ART WORK FOR PUBLIC VIEW, AS WELL AS TO BE USED IN EDUCATIONAL EXHIBITIONS AND PUBLICATIONS. IT IS MADE UP OF A COLLECTION OF TRADITIONAL ASIAN ART TO WHICH A GROWING COLLECTION OF ASIAN CONTEMPORARY ART IS BEING ADDED. FORM 990, PART III, LINE 4A ART AND CULTURAL PROGRAMS DIVISION THE SOCIETY'S ART AND CULTURAL PROGRAMS DIVISION, WHICH OPERATES FROM THE NEW YORK CITY HEADQUARTERS, EXPLORES THE VITAL EXPRESSIONS OF DIVERSE ASIAN CULTURES THROUGH EXHIBITIONS, PERFORMANCES, FILMS, LECTURES AND SYMPOSIA. THE ASIA SOCIETY MUSEUM, LOCATED AT 725 PARK AVENUE, PRESENTS A WIDE RANGE OF ART AND HISTORICAL EXHIBITIONS FROM ASIA, TAKING NEW APPROACHES TO FAMILIAR MASTERPIECES AND INTRODUCING UNDER-RECOGNIZED ARTS AS WELL AS WORKS OF CONTEMPORARY ASIAN AND ASIAN-AMERICAN ARTISTS. SEVERAL MAJOR THEMATIC EXHIBITIONS ARE PRESENTED EACH YEAR, DRAWING ON LOANS FROM OTHER INSTITUTIONS AND PRIVATE COLLECTIONS AROUND THE WORLD, AS WELL AS THE SOCIETY'S PERMANENT COLLECTION, THE MR. AND MRS. JOHN D. ROCKEFELLER 3RD COLLECTION OF ASIAN ART. THESE EXHIBITIONS ARE OFTEN ACCOMPANIED BY CATALOGUES AND OTHER PUBLICATIONS, AND SOME EXHIBITIONS TOUR NATIONALLY AND INTERNATIONALLY. THE CULTURAL PROGRAMS GROUP, WHICH PROVIDES PROGRAMS OF MUSIC, DANCE, THEATER AND FILM FOCUSES ON FOUR INTERRELATED AREAS: THE TRADITIONAL PERFORMANCE GENRES OF ASIA, CONTEMPORARY PERFORMANCE FROM ASIA, NEW SOCIETY-COMMISSIONED PIECES AND WORKS BY ASIAN AMERICAN PERFORMING ARTISTS. ADDITIONALLY, THE DIVISION ORGANIZES A WIDE RANGE OF LECTURES, AUTHOR PROGRAMS, FILMS AND SYMPOSIA FOR THE GENERAL PUBLIC EITHER RELATED TO THE CURRENT MUSEUM EXHIBITIONS OR TO FURTHER THE SOCIETY'S GOAL OF PROMOTING GREATER UNDERSTANDING OF ASIAN AND ASIAN AMERICAN ARTS AND CULTURE. THE ARTS AND MUSEUM NETWORK IS A PLATFORM FOR COLLABORATIVE EXCHANGE AMONG ARTS PROFESSIONALS, ARTISTS AND THE INTERESTED PUBLIC IN ASIA AND THE US. IT PROVIDES AN OPPORTUNITY TO DEVELOP JOINT PROJECTS, EXCHANGE SKILLS AND EXPLORE THE ROLE OF THE ARTS IN RAPIDLY CHANGING ASIAN SOCIETIES AND DEVELOPED WESTERN SOCIETIES TO SEE WHAT WE CAN LEARN FROM ONE ANOTHER. IT INCLUDES AN ANNUAL U.S. AND CHINA MUSEUM DIRECTORS FORUM AND THE ARTS AND MUSEUM NETWORK SUMMIT WHICH ATTRACTS A WIDE RANGE OF MUSEUM PROFESSIONALS FROM ASIA AND THE U.S. FORM 990, PART III, LINE 4B POLICY AND BUSINESS PROGRAMS DIVISION THE ASIA SOCIETY POLICY INSTITUTE IS THE PRINCIPLE INITIATIVE IN THE POLICY AND BUSINESS PROGRAMS DIVISION. OPERATING FROM THE NEW YORK HEADQUARTERS, THE INSTITUTE DEVELOPS AND NURTURES A TRANS-NATIOAL NETWORK TO EFFECTIVELY AND COOPERATIVELY ADDRESS REGIONAL AND GLOBAL ISSUES, BUILD DEEPER UNDERSTANDING IN ASIA AND THE U.S. OF THINKING ON BOTH SIDES ON CRITICAL REGIONAL ISSUES, AND INFLUENCE DECISION MAKING IN DIRECTIONS SUPPORTIVE OF ASIAN-U.S. AND INTRA-ASIAN COOPERATION. IT BRINGS TOGETHER POLICY AND BUSINESS ON EQUAL FOOTING TO SEEK COMMON SOLUTIONS TO CHALLENGES FACING THE U.S. AND ASIA. THE ASIA SOCIETY POLICY INSTITUTE FACILITATES COMMUNICATION PARTICULARLY IN CASES WHERE OFFICIAL RELATIONS ARE INADEQUATE OR NOT POSSIBLE THROUGH TRACK II DIALOGUES, TRIPARTATE DIALOGUES AND REGIONAL DIALOGUES. ROADMAPS ARE BEING BUILT IN THREE AREAS: PARTNERSHIPS FOR PROSPERITY; TRANS-PACIFIC-PARTNERSHIP, TRADE, INVESTMENT AND ECONOMIC FACILITATION; AND SECURITY. BEST PRACTICES ARE SHARED THROUGH EXPERT ROUND-TABLES, OFF-THE-RECORD MEETINGS, HIGH LEVEL FORUMS AND PUBLIC EVENTS. ITS VARIOUS FELLOWS PROGRAMS ENABLE THE INSTITUTE TO CONDUCT RESEARCH AND PRODUCE SCHOLARSHIP INCLUDING TASK FORCE REPORTS AND WHITE PAPERS ON KEY ISSUES. THE CENTER ON U.S.-CHINA RELATIONS COMPLEMENTS THE WORK OF THE ASIA SOCIETY POLICY INSTITUTE, FOCUSING AS IT DOES ON DIVERSE ISSUES IN CHINA. BASED IN NEW YORK, IT WAS ESTABLISHED TO MEET THE NEED FOR A DEEPER UNDERSTANDING BETWEEN THE TWO COUNTRIES AND PROMOTE PUBLIC DIALOGUE IN ORDER TO STRENGTHEN U.S.-CHINA RELATIONS. THE CENTER CONDUCTS ORIGINAL RESEARCH AND EDUCATES THE AMERICAN AND INTERNATIONAL PUBLIC ON U.S.-CHINA ISSUES, COMMENTING ON AND DISTRIBUTING TIMELY INFORMATION ON CRITICAL TOPICS AND CURRENT EVENTS. ITS WORK SPANS THE ARTS AND CULTURE, POLICY, SUSTAINABILITY, AND ECONOMICS. THE CENTER'S SIGNATURE INITIATIVE IS CHINA FILE, AN ONLINE PUBLICATION FEATURING ARTICLES, PHOTOGRAPHY, AND MULTIMEDIA FROM AND ABOUT CHINA. TIMELY AND INSIGHTFUL PUBLIC PROGRAMS ARE ORGANIZED IN ORDER TO BROADEN UNDERSTANDING OF ASIA'S DYNAMIC POLITICAL, SOCIAL AND BUSINESS ENVIRONMENT. PANEL DISCUSSIONS, LECTURES, AND CONFERENCES BRING TOGETHER AN EXTRAORDINARY COMMUNITY OF POLICY MAKERS, CORPORATE EXECUTIVES, NGO LEADERS, SCHOLARS AND THE MEDIA TO RESPOND TO FAST-BREAKING EVENTS AND IMPORTANT TRENDS IN ASIA. A WIDE SELECTION OF PROGRAMS ARE OFFERED EVERY YEAR PROVIDING PARTICIPANTS WITH A COMPREHENSIVE LOOK AT THE SOCIAL, POLITICAL AND ECONOMIC ISSUES FACING ASIA AND THE WORLD TODAY. FORM 990, PART III, LINE 4C EDUCATION AND LEADERSHIP PROGRAMS DIVISION WORK IN THE EDUCATION AND LEADERSHIP DIVISION IS ORGANIZED AROUND THE GLOBAL LEARNING AND LEADERSHIP NETWORK. THE GOAL OF THE INITIATIVE IS TO CATALYZE SCHOOLS, SCHOOL SYSTEMS, AND YOUTH THEMSELVES TO CREATE A PIPELINE OF GLOBALLY COMPETENT YOUNG LEADERS WHO HAVE THE KNOWLEDGE AND SKILLS REQUIRED TO UNDERSTAND AND ACT ON GLOBAL ISSUES. THE DIVISION DOES THIS BY INCREASING BOTH THE DEMAND AND THE SUPPLY FOR GLOBAL COMPETENCE AND KNOWLEDGE ABOUT ASIA, WHILE PROMOTING EQUITY AND EXCELLENCE IN EDUCATION. ASIA SOCIETY'S EDUCATION WORK ESTABLISHES AND SPREADS EFFECTIVE SCHOOL MODELS THAT PROVIDE KNOWLEDGE OF ASIA AND GLOBAL COMPETENCE. THE TOOLS, CURRICULUM, BEST PRACTICES AND PROFESSIONAL DEVELOPMENT IT GENERATES HELP CREATE STUDENTS WHO GRADUATE BOTH COLLEGE-READY AND GLOBALLY COMPETENT. THE CENTERPIECE OF THE WORK IS THE INTERNATIONAL SCHOOLS STUDIES NETWORK, A NATIONAL NETWORK OF SMALL URBAN SECONDARY SCHOOLS DEVOTED TO INTERNATIONAL STUDIES AND WORLD LANGUAGES. IN ADDITION GLOBAL LEARNING IS UTILIZED AS A KEY COMPONENT IN HIGH-QUALITY AFTERSCHOOL PROGRAMS AND AS A MEANS TO COLLABORATE WITH SCHOOLS TO ACHIEVE ESSENTIAL 21ST CENTURY OUTCOMES FOR YOUTH. THE PREMIER EDUCATION LEADERS IN THE U.S. AND ASIA ARE CONVENED TO SPARK INNOVATIONS THAT PROMOTE HIGHER ACHIEVEMENT AND GLOBAL COMPETENCE IN MILLIONS IN THE GLOBAL EDUCATION NETWORK. IT IS THE ONLY MECHANISM IN EXISTENCE THAT ENABLES LEADERS OF HIGH-PERFORMING URBAN SCHOOLS SYSTEMS IN ASIA AND NORTH AMERICA TO LEARN FROM EACH OTHER. ITS WORK TO DATE HAS FOCUSED ON DEVELOPING A TEACHER AND LEADER WORKFORCE AND IMPROVING ACHIEVEMENT AMONG LOW-PERFORMING AND DIVERSE GROUPS OF STUDENTS. THE INITITIAVE IS BEING DEVELOPED FURTHER TO INCLUDE WORKING GROUPS THAT WILL MEET MORE FREQUENTLY IN THE U.S. AND ASIA TO REVIEW CASE STUDIES AND POLICIES AND COME UP WITH RECOMMMENDATIONS BASED ON BEST PRACTICES. RESEARCH WILL BE COMMISSIONED TO SUPPORT THE DISCUSSIONS. THE GLOBAL LEARNING AND LEADERSHIP NETWORK CATALYZES EXPONENTIAL GROWTH IN THE NUMBER AND QUALITY OF CHINESE LANGUAGE PROGRAMS AND CONNECTIONS TO CHINA AND HAS ESTABLISHED PARTNERSHIPS BETWEEN 100 CHINESE AND 100 US SCHOOLS. IT ACCOMPLISHES THIS THROUGH PUBLICATIONS, THE NATIONAL CHINESE LANGUAGE CONFERENCE, AND THE CONFUCIUS CLASSROOMS PROJECT. WEB RESOURCES PROVIDE A BROAD RANGE OF BACKGROUND KNOWLEDGE ABOUT ASIA, CURRICULUM MATERIALS, VIDEO AND AUDIO RESOURCES, AND OTHER MATERIALS TO SUPPORT EDUCATION ABOUT ASIA. THE PARTNERSHIP FOR GLOBAL LEARNING IS A NETWORK OF EDUCATORS COMMITTED TO SHARING BEST PRACTICES AND PROMOTING POLICY INNOVATIONS TO HELP OUR SCHOOLS PREPARE STUDENTS TO BE BOTH COLLEGE-READY AND GLOBALLY COMPETENT. IT PROVIDES THE EDUCATION DIVISION A MEANS TO CONNECT THE VARIOUS STRANDS OF ITS WORK TO SYSTEMATICALLY ENGAGE PRACTITIONERS, POLICYMAKERS, AND THE PUBLIC THROUGH PUBLICATIONS, PROFESSIONAL DEVELOPMENT, DIGITAL MEDIA, AND MEETINGS, INCLUDING OUR ANNUAL CONFERENCE. EMERGING ASIA PACIFIC LEADERS ARE BROUGHT TOGETHER IN A NETWORK TO DEVELOP GLOBAL COMPETENCE AND COLLABORATE ON CHALLENGES FACED IN THE REGION. THREE CONFERENCES FOCUS ON LEADERSHIP DEVELOPMENT: ASIA 21 AND TWO MORE TARGETED CONFERENCES IN INDIA-PAKISTAN AND AFGHANISTAN - ALL OF WHICH TAKE PLACE IN ASIA. THE SUMMITS BRING TOGETHER SOME OF THE MOST DYNAMIC NEXT GENERATION LEADERS, ALL UNDER THE AGE OF 40 FROM ASIA AND THE U.S., TO EXPLORE IMAGINATIVE WAYS TO ADDRESS THE MOST CRITICAL ISSUES FACING THE ASIA-PACIFIC COMMUNITY TODAY, DEVELOP COMMON APPROACHES TO ADDRESSING THESE SHARED CHALLENGES, AND CULTIVATE THE LONG-TERM RELATIONSHIPS NECESSARY FOR DEVELOPING RESPONSES. HERE IN THE U.S. THE DIVERSITY LEADERSHIP FORUM PROVIDES A VITAL PLATFORM FOR CORPORATIONS TO DISCUSS DIVERSITY, INCLUSION ISSUES AND BEST PRACTICES IN REGARDS TO ASIAN PROFESSIONALS. THE ANNUAL ONE-DAY CONFERENCE INCLUDES, RESEARCH RESULTS FROM ASIA SOCIETY'S ANNUAL ASIAN PACIFIC AMERICANS CORPORATE SURVEY REPORT, AN ANNUAL STUDY THAT EXAMINES BARRIERS TO AND BEST PRACTICES FOR CAREER ADVANCEMENT OF APAS; KEYNOTE AND PLENARY SESSION PRESENTATIONS FEATURING EXECUTIVES FROM GLOBAL FORTUNE 1000 COMPANIES; AND SMALL GROUP DISCUSSION TRACKS. FORM 990, PART III, LINE 4D OTHER PROGRAM SERVICES ONLINE/COMMUNICATIONS DIVISION THE SOCIETY PURSUES ITS MISSION TO EDUCATE THE PUBLIC THROUGH INNOVATIVE ONLINE PROGRAMMING ACTIVITIES AS WELL. THE ONLINE/COMMUNICATIONS DIVISION, WHICH OPERATES FROM THE NEW YORK HEADQUARTERS (BUT INCLUDES CONTRIBUTIONS FROM OUR TEN CENTERS AROUND THE WORLD), OVERSEES THE WEBSITE WHICH PROVIDES INFORMATION ABOUT ASIA SOCIETY PROGRAMS AS WELL AS CONTENT GENERATED SPECIFICALLY FOR THE SITE ON TOPICS OF CURRENT INTEREST. WEB TRAFFIC HAS EXPLODED IN THE LAST FEW YEARS AND IS CURRENTLY OVER 3 MILLION VISITS, UP 16% FROM THE PRIOR YEAR. ASIA SOCIETY'S WEBSITE (WWW.ASIASOCIETY.ORG) INCLUDES NEWS AND INFORMATION ABOUT THE ASIA SOCIETY, HOSTS INFORMATION ON THE INSTITUTION'S PROGRAMS, EVENTS, PUBLICATIONS AND DEPARTMENTS; OFFERS USERS A VIEW OF SOCIETY MUSEUM EXHIBITIONS AND COLLECTIONS; PROVIDES A RAPIDLY EXPANDING COLLECTION OF RESOURCES ON ASIAN AND ASIAN AMERICAN CONTENT, FROM THE ARTS, CULTURE, RELIGION AND SOCIETY TO BUSINESS, ECONOMICS, POLICY AND GOVERNMENT; AND PRESENTS LIVE WEBCASTS OF PROGRAMS OFFERED AT THE NEW YORK HEADQUARTERS AS WELL AS ARCHIVES PROGRAMS FOR FUTURE VIEWING. THE SOCIETY'S EDUCATION DIVISION PROVIDES INNOVATIVE ONLINE CURRICULUM MATERIALS AND STUDY AIDS TO EDUCATORS AND STUDENTS AT THE ELEMENTARY AND SECONDARY LEVELS. IN ALL, A WEALTH OF INFORMATION ABOUT ASIA AT THE FINGERTIPS OF THE WORLD. U.S. ACTIVITIES THE SOCIETY OPERATES OUT OF THREE ADDITIONAL LOCATIONS IN THE UNITED STATES. THE WASHINGTON, D.C. OFFICE TAKES ADVANTAGE OF ITS LOCATION IN THE NATION'S CAPITAL TO SUPPORT THE WORK OF THE BUSINESS AND POLICY DIVISION, AS DESCRIBED ABOVE. THE PACIFIC COAST IS SERVED BY THE SOUTHERN CALIFORNIA CENTER IN LOS ANGELES AND THE NORTHERN CALIFORNIA CENTER IN SAN FRANCISCO. LOCATED IN THE HOME OF THE LARGEST AND FASTEST GROWING ASIAN AND ASIAN AMERICAN COMMUNITIES, THE TWO CALIFORNIA CENTERS PROVIDE A UNIQUE OPPORTUNITY TO EXAMINE THE BONDS THAT UNITE AMERICANS AND ASIANS. ALL CENTERS ARE ADVISED BY LOCALLY-RECRUITED ADVISORY COUNCILS. (IN ADDITION, THE SOCIETY IS AFFILIATED WITH A SEPARATE 501(C)(3)ORGANIZATION LOCATED IN HOUSTON, TEXAS WHICH OPENED A BUILDING OF ITS OWN IN MARCH 2012). ASIAN ACTIVITIES ASIAN ACTIVITIES IN THE YEAR ENDED JUNE 30, 2013 WERE COMPRISED OF THE ACTIVITIES OF A REPRESENTATIVE IN SHANGHAI, CHINA WHO SUPPORTS THE SOCIETY'S WORK IN THAT COUNTRY. (IN ADDITION THE SOCIETY IS ASSOCIATED WITH FIVE ASIAN AFFILIATES (NOT INCLUDED IN THE FINANCIAL MATERIALS IN THE FORM 990), WHICH OPERATE ASIA SOCIETY CENTERS IN AUSTRALIA, INDIA, KOREA, THE PHILIPPINES, AND HONG KONG, WHICH OPENED A BUILDING OF ITS OWN IN FEBRUARY 2012.) AUXILIARY SERVICES THE SOCIETY OPERATES A SPECIALIZED STORE AND CAF AND PROVIDES CONFERENCE FACILITIES AT ITS HEADQUARTERS BUILDING IN NEW YORK. THE STORE, ASIA STORE, OFFERS A WIDE VARIETY OF BOOKS AND ASIAN-INSPIRED GIFT ITEMS AND SERVES THE MEMBERSHIP, VISITORS TO THE MUSEUM AND THE GENERAL PUBLIC ATTENDING THE SOCIETY'S PROGRAMS IN NEW YORK. THE GARDEN COURT CAF PROVIDES ASIAN-INSPIRED FOODS TO NEW YORK CITY DINERS. THE AUDITORIUM, CAF AND CONFERENCE FACILITIES IN THE HEADQUARTERS BUILDING SERVE PRIMARILY AS VENUES FOR THE SOCIETY'S PROGRAMS AND ARE ALSO AVAILABLE FOR RENTAL TO OUTSIDE PARTIES. FORM 990, PART VI, LINE 2 BUSINESS AND FAMILY RELATIONSHIPS JOHN D ROCKEFELLER IV, TRUSTEE HAS A FAMILY RELATIONSHIP WITH CHARLES PERCY ROCKEFELLER, TRUSTEE. HAMID BIGLARI, TRUSTEE HAS A BUSINESS RELATIONSHIP WITH LEWIS B. KADEN, TRUSTEE. FORM 990, PART VI, LINE 11B FORM 990 REVIEW A COMPLETE DRAFT OF THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. AFTER THAT REVIEW, A FINAL AND COMPLETE DRAFT OF THE RETURN IS PROVIDED TO EACH MEMBER OF THE BOARD BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, LINE 12C CONFLICT OF INTEREST REVIEW A CONFLICT OF INTEREST QUESTIONNAIRE IS CIRCULATED TO THE MEMBERS OF THE BOARD OF TRUSTEES, OFFICERS AND KEY EMPLOYEES ON AN ANNUAL BASIS. RESULTS OF THAT QUESTIONNAIRE ARE SUMMARIZED AND PROVIDED TO THE CHAIR OF THE AUDIT COMMITTEE. ANY PERSON DEEMED TO BE AN INTERESTED PERSON WITH RESPECT TO A CONFLICT WILL RECUSE THEMSELVES FROM DELIBERATION AND DECISION-MAKING INVOLVING THE POTENTIAL OR ACTUAL CONFLICT. FORM 990, PART VI, LINE 15A COMPENSATION THE BOARD COMPENSATION COMMITTEE, COMPRISED OF INDEPENDENT MEMBERS OF THE GOVERNING BOARD, MEETS AT LEAST TWICE A YEAR AND REVIEWS SALARY SURVEY INFORMATION COMPILED BY THE DIRECTOR OF HUMAN RESOURCES. THE SALARY SURVEY INFORMATION PROVIDES COMPARABILITY DATA FOR COMPARABLE POSITIONS IN OTHER NOT FOR PROFIT ORGANIZATIONS WHICH ARE SIMILAR IN SCOPE, COMPLEXITY AND SIZE. ADDITIONALLY, THE COMMITTEE REVIEWS THE PRESIDENT'S PERFORMANCE FOR THE YEAR. BASED ON THESE REVIEWS THE COMMITTEE RECOMMENDS THE PRESIDENT'S COMPENSATION TO THE BOARD OF TRUSTEES FOR APPROVAL. ANY DETERMINATIONS BY THE BOARD COMPENSATION COMMITTEE ARE DOCUMENTED IN THE MINUTES OF THE COMMITTEE. FORM 990, PART VI, LINE 19 DOCUMENT AVAILABILITY THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE AT THE ASIA SOCIETY WEBSITE. OTHER GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A OFFICER COMPENSATION In June 2013, Josette Sheeran assumed the role of President and CEO. Ms. Sheeran is listed as an officer on Form 990, Part VII; however, reportable compensation is not listed, as Part VII is reported on a calendar year basis, and Ms. Sheeran did not receive compensation from Asia Society in 2012. In March 2013, Basil Hero assumed the role of Vice President, Communications and Marketing. Mr. Hero is listed as an officer on Form 990, Part VII; however, reportable compensation is not listed, as Part VII is reported on a calendar year basis, and Mr. Hero did not receive compensation from Asia Society in 2012. FORM 990, PART VIII, LINE 11A INCOME FROM INVESTMENT IN LIMITED PARTNERSHIPS $ 12 DAVIDSON KEMPNER INSTITUTIONAL PARTNERS $ 276 APOLLO GLOBAL MANAGEMENT, LLC -------- $ 288 TOTAL TO LINE 11A FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS $ (732,282) CHANGE IN FAIR VALUE OF INTEREST RATE SWAP $ 288 INCOME FROM INVESTMENT IN LIMITED PARTNERSHIPS ----------- $ (731,994) TOTAL TO LINE 9