BROOKLYN LAW SCHOOL: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- BROOKLYN LAW SCHOOL (EIN 23-7227990)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-14
- IRS object ID
- 201321349349301142
- Schema version
- 2011v1.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-14T08:59:00-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420714325 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCGLADREY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1185 AVENUE OF THE AMERICAS | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100362602 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237227990 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BROOKLYN LAW SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BROO | NameControl |
| Phone | 7186252200 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 JORALEMON STREET | AddressLine1 |
| City | BROOKLYN | City |
| State | NY | State |
| ZIP Code | 112013700 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LAURIE H NEWITZ | Name |
| Title | CFO | Title |
| Phone | 7186252200 | Phone |
| Date Signed | 2013-05-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARTIN GREIF | Name |
| PTIN | P00029738 | PTIN |
| Phone | 2123721000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JOAN G WEXLER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 JORALEMON STREET | AddressLine1 |
| City | BROOKLYN | City |
| State | NY | State |
| ZIP Code | 112013700 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 191002504 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.BROOKLAW.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1901 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | SEE SCHEDULE O FOR COMPLETE NARRATIVE | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 18 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 16 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1205 | TotalNbrEmployees |
| Total Nbr Volunteers | 1044 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 4921854 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 5190989 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 66990046 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 65285574 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 6167723 | InvestmentIncomePriorYear |
| Investment Income Current Year | 19167042 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 2775815 | OtherRevenuePriorYear |
| Other Revenue Current Year | 2979169 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 80855438 | TotalRevenuePriorYear |
| Total Revenue Current Year | 92622774 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 25896640 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 25630947 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 32570265 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 34010385 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 20000 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 46533 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 2124919 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 16875429 | OtherExpensePriorYear |
| Other Expenses Current Year | 15796903 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 75362334 | TotalExpensesPriorYear |
| Total Expenses Current Year | 75484768 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 5493104 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 17138006 | RevenuesLessExpensesCY |
| Total Assets BOY | 255511349 | TotalAssetsBOY |
| Total Assets EOY | 261775641 | TotalAssetsEOY |
| Total Liabilities BOY | 98061104 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 96997913 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 157450245 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 164777728 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | SEE SCHEDULE O FOR COMPLETE NARRATIVE | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 63023303 | Expense |
| Grants | 25630947 | Grants |
| Revenue | 65767769 | Revenue |
| Description | THE EDUCATION OF STUDENTS IN PREPARATION FOR THE LEGAL PROFESSION. IN THE FALL OF ACADEMIC YEAR 2011/2012 ENROLLMENT WAS APPROXIMATELY 1,375. | Description |
| Total Program Service Expense | 63023303 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 1 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 1 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 296 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1205 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 18 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 16 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAURIE H NEWITZ | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7186252200 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 JORALEMON STREET | AddressLine1 |
| City | BROOKLYN | City |
| State | NY | State |
| ZIP Code | 11201 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (30 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| STUART SUBOTNICK ESQ | |||||||||
| CHAIRMAN OF THE BOARD | 1.50 | X | 0 | 0 | 0 | ||||
| HON EDWARD R KORMAN | |||||||||
| VICE CHAIRMAN OF THE BOARD | 1.00 | X | 0 | 0 | 0 | ||||
| BURNSIDE E ANDERSON III ESQ | |||||||||
| TRUSTEE | 0.30 | X | 0 | 0 | 0 | ||||
| FRANCIS J AQUILA ESQ | |||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||||
| HON HERMAN BADILLO ESQ | |||||||||
| TRUSTEE | 0.30 | X | 0 | 0 | 0 | ||||
| DAVID M BARSE ESQ | |||||||||
| TRUSTEE | 0.80 | X | 0 | 0 | 0 | ||||
| FREDERICK COHEN ESQ | |||||||||
| TRUSTEE | 0.80 | X | 0 | 0 | 0 | ||||
| JEFFREY J FEIL ESQ | |||||||||
| TRUSTEE | 0.30 | X | 0 | 0 | 0 | ||||
| MARTIN A FISCHER ESQ | |||||||||
| TRUSTEE | 0.80 | X | 0 | 0 | 0 | X | |||
| JEFFREY D FORCHELLI ESQ | |||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||||
| ROBERT M KAUFMAN ESQ | |||||||||
| TRUSTEE | 0.30 | X | 0 | 0 | 0 | ||||
| EILEEN T NUGENT ESQ | |||||||||
| TRUSTEE | 0.30 | X | 0 | 0 | 0 | ||||
| HON REENA RAGGI | |||||||||
| TRUSTEE | 0.30 | X | 0 | 0 | 0 | ||||
| FLORENCE SUBIN ESQ | |||||||||
| TRUSTEE | 0.30 | X | 0 | 0 | 0 | ||||
| HON RALPH K WINTER | |||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||||
| STEVEN L ZELKOWITZ ESQ | |||||||||
| TRUSTEE | 0.80 | X | 0 | 0 | 0 | ||||
| SHANNON M HALEY ESQ | |||||||||
| GRADUATE TRUSTEE | 0.30 | X | 0 | 0 | 0 | ||||
| LEO KITTAY ESQ | |||||||||
| GRADUATE TRUSTEE | 0.30 | X | 0 | 0 | 0 | ||||
| JOAN G WEXLER ESQ | |||||||||
| PRESIDENT | 40.00 | 1209411 | 0 | 100846 | X | ||||
| MICHAEL A GERBER | |||||||||
| INTERIM DEAN | 40.00 | 371050 | 0 | 67551 | X | ||||
| LAURIE NEWITZ | |||||||||
| TREASURER & CFO | 40.00 | 271174 | 0 | 37127 | X | ||||
| BERYL R JONES-WOODIN | |||||||||
| ASSOC. DEAN STUDENT AFFAIRS | 40.00 | 202924 | 0 | 63735 | X | ||||
| MICHAEL T CAHILL | |||||||||
| ASSOC. DEAN ACADEMIC AFFAIRS | 40.00 | 189518 | 0 | 45657 | X | ||||
| HENRY W HAVERSTICK III | |||||||||
| DEAN ADMIN & FINANCIAL AID | 40.00 | 222691 | 0 | 43048 | X | ||||
| AARON TWERSKI | |||||||||
| PROFESSOR OF LAW | 40.00 | 368675 | 0 | 51169 | X | ||||
| JOEL M GORA | |||||||||
| PROFESSOR OF LAW | 40.00 | 281747 | 0 | 52514 | X | ||||
| ROBERTA KARMEL | |||||||||
| PROFESSOR OF LAW | 40.00 | 281399 | 0 | 40898 | X | ||||
| ANITA BERNSTEIN | |||||||||
| PROFESSOR OF LAW | 40.00 | 271793 | 0 | 41622 | X | ||||
| NEIL B COHEN | |||||||||
| PROFESSOR OF LAW | 40.00 | 267888 | 0 | 60679 | X | ||||
| LAWRENCE M SOLAN | |||||||||
| PROFESSOR OF LAW | 40.00 | 254200 | 0 | 50135 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 4192470 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 654981 | TotalOtherCompensation |
| Number Individuals GT100 K | 69 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| RESTOR TECHNOLOGIES | |||||
| 16 NORDEN LN | HUNTINGTON STATION | NY | 11746 | STONE REPLACEMENT/REPAIR | 1596694 |
| PARIS MAINTENANCE COMPANY INCORPORATED | |||||
| 588 MEACHAM AVENUE | ELMONT | NY | 11003 | CLEANING SERVICES | 721438 |
| FINLAY PRINTING | |||||
| 44 TOBEY ROAD | BLOOMFIELD | CT | 06002 | PRINTING & DESIGN | 541463 |
| SPIEGEL CONSULTANTS LLC | |||||
| 104 CHARLTON STREET SUITE 1W | NEW YORK | NY | 10014 | CONTRACTOR | 411020 |
| CULIN ART | |||||
| 175 SUNNYSIDE BLVD | PLAINVIEW | NY | 11803 | FOOD/CATERING | 323674 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 13 | NumberOfContractorsGT100K |
| Fundraising Events | 516556 | FundraisingEvents |
| Government Grants | 5159 | GovernmentGrants |
| All Other Contributions | 4669274 | AllOtherContributions |
| Noncash Contributions | 1101938 | NoncashContributions |
| Total Contributions | 5190989 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION & FEES | 900099 | 65179018 | 65179018 |
| FINANCIAL AID PROGRAMS | 900099 | 88589 | 88589 |
| STUDENT LOAN INTEREST | 900099 | 17967 | 17967 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 65285574 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2492600 | TotalRevenueColumn |
| Exclusion | $2,492,600 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 9181713 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 6684739 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 2496974 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2496974 | TotalRevenueColumn |
| Exclusion | $2,496,974 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 97502194 | Securities |
| Other | 10756000 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 89798544 | Securities |
| Other | 1785208 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 7703650 | Securities |
| Other | 8970792 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 16674442 | TotalRevenueColumn |
| Exclusion | $16,674,442 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 111239 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 516556 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 111239 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| RECOVERY OF BAD DEBT | 900099 | 193277 | 193277 |
| JOURNAL / PUBLICATION | 900099 | 114558 | 114558 |
| SPECIAL PROGRAMS | 900099 | 84323 | 84323 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 90037 | TotalRevenueColumn |
| Related Or Exempt Function Income | 90037 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 482195 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 92622774 | TotalRevenueColumn |
| Related Or Exempt Function Income | 65767769 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $21,664,016 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25630947 | Total |
| Program Services | 25630947 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3122298 | Total |
| Program Services | 1913171 | ProgramServices |
| Management And General | 943007 | ManagementAndGeneral |
| Fundraising | 266120 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23019565 | Total |
| Program Services | 19390557 | ProgramServices |
| Management And General | 2632991 | ManagementAndGeneral |
| Fundraising | 996017 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2209560 | Total |
| Program Services | 1844793 | ProgramServices |
| Management And General | 302567 | ManagementAndGeneral |
| Fundraising | 62200 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3878716 | Total |
| Program Services | 3238395 | ProgramServices |
| Management And General | 531134 | ManagementAndGeneral |
| Fundraising | 109187 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1780246 | Total |
| Program Services | 1486353 | ProgramServices |
| Management And General | 243779 | ManagementAndGeneral |
| Fundraising | 50114 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 162957 | Total |
| Management And General | 162957 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 95820 | Total |
| Management And General | 95820 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46533 | Total |
| Fundraising | 46533 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 382078 | Total |
| Management And General | 382078 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 446533 | Total |
| Program Services | 123956 | ProgramServices |
| Management And General | 301710 | ManagementAndGeneral |
| Fundraising | 20867 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 153789 | Total |
| Program Services | 87517 | ProgramServices |
| Management And General | 33448 | ManagementAndGeneral |
| Fundraising | 32824 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1354832 | Total |
| Program Services | 899494 | ProgramServices |
| Management And General | 314853 | ManagementAndGeneral |
| Fundraising | 140485 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1202067 | Total |
| Program Services | 613942 | ProgramServices |
| Management And General | 526733 | ManagementAndGeneral |
| Fundraising | 61392 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2386577 | Total |
| Management And General | 2386577 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 255986 | Total |
| Program Services | 226770 | ProgramServices |
| Management And General | 14904 | ManagementAndGeneral |
| Fundraising | 14312 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 833755 | Total |
| Program Services | 666555 | ProgramServices |
| Management And General | 39172 | ManagementAndGeneral |
| Fundraising | 128028 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4094056 | Total |
| Program Services | 3418185 | ProgramServices |
| Management And General | 560622 | ManagementAndGeneral |
| Fundraising | 115249 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1902263 | Total |
| Program Services | 1588227 | ProgramServices |
| Management And General | 260487 | ManagementAndGeneral |
| Fundraising | 53549 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 323622 | Total |
| Program Services | 32557 | ProgramServices |
| Management And General | 291065 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| LIBRARY ACQUISTIONS/AUD | 1186514 | 1186514 | ||
| MISCELLANEOUS | 438262 | 262672 | 159162 | 16428 |
| SUBCRIPTIONS & PUBLICAT | 171010 | 156106 | 5714 | 9190 |
| MEMBERSHIPS | 113442 | 39012 | 72006 | 2424 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 293340 | Total |
| Program Services | 217580 | ProgramServices |
| Management And General | 75760 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 75484768 | Total |
| Program Services | 63023303 | ProgramServices |
| Management And General | 10336546 | ManagementAndGeneral |
| Fundraising | 2124919 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1600 | BOY |
| EOY | 1600 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7546946 | BOY |
| EOY | 12907113 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1526166 | BOY |
| EOY | 1286400 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 382290 | BOY |
| EOY | 123167 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 408032 | BOY |
| EOY | 400524 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 175820086 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 46957994 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 134232324 | BOY |
| EOY | 128862092 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 84921789 | BOY |
| EOY | 98111756 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6900845 | BOY |
| EOY | 1103143 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19591357 | BOY |
| EOY | 18979846 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 255511349 | BOY |
| EOY | 261775641 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6061823 | BOY |
| EOY | 6027972 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 962507 | BOY |
| EOY | 842809 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 82285695 | BOY |
| EOY | 80479831 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8751079 | BOY |
| EOY | 9647301 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 98061104 | BOY |
| EOY | 96997913 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 133649420 | BOY |
| EOY | 138628812 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14512412 | BOY |
| EOY | 12343144 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9288413 | BOY |
| EOY | 13805772 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 157450245 | BOY |
| EOY | 164777728 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 255511349 | BOY |
| EOY | 261775641 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 17138006 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -9810523 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 18000 | RevenuesIncluded |
| Assets In Part X | 77350 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 93803704 | BeginningOfYearBalance |
| Contributions | 4618824 | Contributions |
| Investment Earnings Or Losses | 11426408 | InvestmentEarningsOrLosses |
| Other Expenditures | 4020245 | OtherExpenditures |
| End Of Year Balance | 105828691 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 74497250 | BeginningOfYearBalance |
| Contributions | 4463795 | Contributions |
| Investment Earnings Or Losses | 17768679 | InvestmentEarningsOrLosses |
| Other Expenditures | 2926020 | OtherExpenditures |
| End Of Year Balance | 93803704 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 58236720 | BeginningOfYearBalance |
| Contributions | 12836051 | Contributions |
| Investment Earnings Or Losses | 5383548 | InvestmentEarningsOrLosses |
| Other Expenditures | 1959069 | OtherExpenditures |
| End Of Year Balance | 74497250 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 48431267 | BeginningOfYearBalance |
| Contributions | 22011434 | Contributions |
| Investment Earnings Or Losses | -11193699 | InvestmentEarningsOrLosses |
| Other Expenditures | 1012282 | OtherExpenditures |
| End Of Year Balance | 58236720 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.77170 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.13000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.09830 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9862360 | OtherCostOrOtherBasis |
| Book Value | 9862360 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 165168862 | OtherCostOrOtherBasis |
| Depreciation | 46545149 | Depreciation |
| Book Value | 118623713 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 711514 | OtherCostOrOtherBasis |
| Depreciation | 412845 | Depreciation |
| Book Value | 298669 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 77350 | OtherCostOrOtherBasis |
| Book Value | 77350 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 128862092 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (5 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| ACCRUED INTEREST RECEIVABLE | 338890 |
| STUDENT LOANS RECEIVABLE | 2810265 |
| ASSETS HELD BY TRUSTEE UNDER BOND INDENTURE AGREEMENT | 11326252 |
| ASSETS HELD UNDER ANNUITY AGREEMENT | 1044830 |
| DEFERRED COSTS - BOND ACQUISITION | 3459609 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 18979846 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| INTEREST PAYABLE | $2,164,244 |
| ACCRUED POSTRETIREMENT BENEFITS PAYABLE | $4,547,562 |
| REFUNDABLE LOAN PROGRAM LIABILITY | $2,935,495 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 9647301 | TotalOfAmounts |
| Total Revenue | 92622774 | TotalRevenue |
| Total Expenses | 75484768 | TotalExpenses |
| Excess Or Deficit For Year | 17138006 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -9197245 | NetUnrealizedGLOnInvestments |
| Other | -$613,278 | OtherAmount |
| Total Adjustments | -9810523 | TotalAdjustments |
| Excess Or Deficit Per FS | 7327483 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 65767005 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -9197245 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 10400 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 6182700 | OtherRevenues |
| Revenue Not Rptd F990 | -3004145 | RevenueNotRptdF990 |
| Revenue Subtotal | 68771150 | RevenueSubtotal |
| Other Revenues Not Included | 23851624 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 23851624 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 92622774 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 58439522 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 10400 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 6795978 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 6806378 | ExpensesNotRptdF990 |
| Expenses Subtotal | 51633144 | ExpensesSubtotal |
| Other Expenses Not Included | 23851624 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 23851624 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 75484768 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE LAW SCHOOL HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE LAW SCHOOL MUST HOLD IN PERPETUITY OR FOR A DONOR-SPECIFIED PERIOD(S) OR PURPOSE AS WELL AS BOARD-DESIGNATED FUNDS. UNDER THIS POLICY, AS APPROVED BY THE BOARD OF TRUSTEES, THE OVERRIDING OBJECTIVE IS TO MAINTAIN PURCHASING POWER. NET OF SPENDING, THE OBJECTIVE IS TO GROW THE AGGREGATE PORTFOLIO VALUE AT THE RATE OF INFLATION OVER THE LAW SCHOOL'S INVESTMENT HORIZON. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -32,264. OTHER POST-RETIREMENT RELATED CHANGES OTHER THAN NET PERIODIC COSTS -581,014. TOTAL TO SCHEDULE D, PART XI, LINE 8: -613,278. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL PROPERTY EXPENSE 6,684,739. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -32,264. OTHER POST-RETIREMENT RELATED CHANGES OTHER THAN NET PERIODIC COSTS -581,014. SPECIAL EVENT EXPENSE 111,239. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIP EXPENSE - NET IN REVENUE 23,851,624. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL PROPERTY EXPENSE 6,684,739. SPECIAL EVENT EXPENSE 111,239. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIP EXPENSE - NET IN REVENUE 23,851,624. | |
| PART X, LINE 2 - FIN 48 DISCLOSURE: THE LAW SCHOOL FILES TAX AND INFORMATION RETURNS WITH THE INTERNAL REVENUE SERVICE AND WITH NEW YORK STATE. TAX YEARS SUBSEQUENT TO 2007 REMAIN SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT EVALUATED THE LAW SCHOOL'S TAX POSITIONS AND CONCLUDED THAT THE LAW SCHOOL HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE LAW SCHOOL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2008, WHICH IS THE STANDARD STATUTE OF LIMITATIONS LOOK-BACK PERIOD. AT JUNE 30, 2012, THE LAW SCHOOL HAS NO UNRECOGNIZED TAX BENEFITS AND HAS RECOGNIZED NO INTEREST OR PENALTIES RELATED TO TAXES DURING EITHER OF THE YEARS ENDED JUNE 30, 2012 AND 2011. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | THE POLICY IS PUBLISHED ON THE BROOKLYN LAW SCHOOL WEBSITE. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | FINANCIAL AID FROM GOVERNMENT AGENCIES: 1) FEDERAL PERKINS LOAN PROGRAM 2) FEDERAL WORK STUDY PROGRAM 3) FEDERAL DIRECT LOAN PROGRAM |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (2 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| EUROPE (INCLUDING ICELAND & GREENLAND) - | 0 | 0 | PROGRAM SERVICES | INTERNATIONAL STUDY ABROAD | 65184 |
| EAST ASIA AND THE PACIFIC - | 0 | 0 | PROGRAM SERVICES | INTERNATIONAL STUDY ABROAD | 31724 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 96908 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 96908 | TotalAmountSpent |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
Name Of Organization NameOfOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PROJECTS PLUS INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 145 WEST 45TH STREET | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10036 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | SOLICITATION FOR TICKETS TO A DINNER | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 627795 | GrossReceipts |
| Amount Retained By Contractor | 46533 | AmountRetainedByContractor |
| Net To Organization | 581262 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 627795 | TotalGrossReceipts |
| Total Retained By Contractors | 46533 | TotalRetainedByContractors |
| Total Net To Organization | 581262 | TotalNetToOrganization |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | DINNER | NameOfEvent1 |
| Gross Receipts Event1 | 627795 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 516556 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 111239 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 60886 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 50353 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 627795 | GrossReceiptsTotal |
| Charitable Contributions Total | 516556 | CharitableContributionsTotal |
| Gross Revenue Total Events | 111239 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 60886 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 50353 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 111239 | DirectExpenseSummaryEvents |
| Net Income Summary | 0 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (5 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|---|
| SCHOLARSHIPS | 944 | 23851624 | FMV | ||
| FELLOWSHIPS | 224 | 567369 | FMV | ||
| LOAN FORGIVENESS | 56 | 354087 | FMV | ||
| PRIZES AND AWARDS | 100 | 33850 | FMV | 358 | PLAQUES, MEDALS AND LETTER OPENERS |
| FWS - OUTSIDE MATCH | 639 | 823659 | FMV |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: BROOKLYN LAW SCHOOL DOES AWARD SCHOLARSHIPS AND FELLOWSHIPS. THESE TYPES OF ASSISTANCE ARE SET UP FOR A SPECIFIC PURPOSE AND DO NOT REQUIRE ANY PROCEDURES FOR MONITORING HOW THE FUNDS ARE USED. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 1 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (12 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JOAN G WEXLER ESQ | |||||||||||||
| 495482 | 0 | 0 | 0 | 713929 | 0 | 30625 | 0 | 70221 | 0 | 1310257 | 0 | 0 | 0 |
| MICHAEL A GERBER | |||||||||||||
| 329836 | 0 | 0 | 0 | 41214 | 0 | 30625 | 0 | 36926 | 0 | 438601 | 0 | 0 | 0 |
| LAURIE NEWITZ | |||||||||||||
| 265166 | 0 | 0 | 0 | 6008 | 0 | 30625 | 0 | 6502 | 0 | 308301 | 0 | 0 | 0 |
| BERYL R JONES-WOODIN | |||||||||||||
| 198307 | 0 | 0 | 0 | 4617 | 0 | 26374 | 0 | 37361 | 0 | 266659 | 0 | 0 | 0 |
| MICHAEL T CAHILL | |||||||||||||
| 186433 | 0 | 0 | 0 | 3085 | 0 | 24669 | 0 | 20988 | 0 | 235175 | 0 | 0 | 0 |
| HENRY W HAVERSTICK III | |||||||||||||
| 213382 | 0 | 0 | 0 | 9309 | 0 | 27533 | 0 | 15515 | 0 | 265739 | 0 | 0 | 0 |
| AARON TWERSKI | |||||||||||||
| 295346 | 0 | 0 | 0 | 73329 | 0 | 30625 | 0 | 20544 | 0 | 419844 | 0 | 0 | 0 |
| JOEL M GORA | |||||||||||||
| 244301 | 0 | 0 | 0 | 37446 | 0 | 30625 | 0 | 21889 | 0 | 334261 | 0 | 0 | 0 |
| ROBERTA KARMEL | |||||||||||||
| 245135 | 0 | 0 | 0 | 36264 | 0 | 30625 | 0 | 10273 | 0 | 322297 | 0 | 0 | 0 |
| ANITA BERNSTEIN | |||||||||||||
| 250818 | 0 | 0 | 0 | 20975 | 0 | 30625 | 0 | 10997 | 0 | 313415 | 0 | 0 | 0 |
| NEIL B COHEN | |||||||||||||
| 239332 | 0 | 0 | 0 | 28556 | 0 | 30625 | 0 | 30054 | 0 | 328567 | 0 | 0 | 0 |
| LAWRENCE M SOLAN | |||||||||||||
| 218557 | 0 | 0 | 0 | 35643 | 0 | 28608 | 0 | 21527 | 0 | 304335 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART I, LINE 1A | TRAVEL FOR COMPANIONS: A. REIMBURSEMENT OF TRAVEL EXPENSES FOR A COMPANION WHICH OCCURS OCCASIONALLY IS PAID ONLY IF THE TRAVEL EXPENSE QUALIFIES AS A NONTAXABLE WORKING CONDITION FRINGE BENEFIT. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: B. AS A CONDITION OF EMPLOYMENT, THE PRESIDENT IS REQUIRED TO HAVE A HOME ON THE LAW SCHOOL'S CAMPUS WHICH IS FURNISHED AND MAINTAINED AT THE LAW SCHOOL'S EXPENSE. PERSONAL SERVICE: C. THE LAW SCHOOL ALSO PROVIDES A CAR AND A DRIVER TO BE USED BY THE PRESIDENT IN CONNECTION WITH HER DUTIES. THE PRESIDENT IS RESPONSIBLE FOR ANY PERSONAL USE OF THE CAR, DRIVER AND OTHER PERSONAL EXPENSE. | |
| PART III | PART I, LINE 1A & 7: INCOME REPORTED IN SCHEDULE J, PART II, COLUMN (B)(III) FOR PRESIDENT WEXLER INCLUDES $648,684 WHICH REPRESENTS THE VALUATION OF THE LIFE ESTATE OF $369,750 AND RELATED TAX GROSS-UP OF $278,934 FOR THE CONTINUED USE OF THE APARTMENT AT 205 STATE STREET SUBSEQUENT TO HER TENURE AS PRESIDENT OF THE LAW SCHOOL. IN AN AGREEMENT ENTERED INTO IN DECEMBER, 2011, THE LAW SCHOOL AGREED TO ALLOW PRESIDENT WEXLER TO OCCUPY THE APARTMENT FOR THE DURATION OF HER LIFETIME. | SUPPLEMENTAL INFORMATION |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| DORMITORY AUTHORITY OF THE STATE OF NEW YORK | |||||||
| 146000293 | 64983UUY4 | 2003-08-20 | 91001641 | TO REDEEM 1991 SERIES AND FUND COST OF CONSTRUCTION | 0 | 0 | 0 |
| DORMITORY AUTHORITY OF THE STATE OF NEW YORK | |||||||
| 146000293 | 649905MZ6 | 2009-07-22 | 22195460 | REDEEM 2003 SERIES C | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Amount RetiredAmountRetired | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Capitalized InterestCapitalizedInterest | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Working Capital ExpendituresWorkingCapitalExpenditures |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31380000 | 91014328 | 4979234 | 5528845 | 1095136 | 3876264 | 62573430 | 642896 | 2006 | 1 | 0 | 1 | 1 | |
| 22195460 | 2237304 | 442227 | 261093 | 2006 | 1 | 0 | 1 | 1 | 4999 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 1 |
| 0 | 0 | 0 | 0 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| 0 | 1 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 |
Form990 Schedule K Part VI Form990ScheduleKPartVI (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| SCHEDULE K, PART II, LINE 3 | DIFFERENCE REPRESENTS EARNINGS |
| SCHEDULE K, PART IV, LINE 1 | WE HAVE NOT BEEN REQUIRED TO FILE BECAUSE WE HAVE HAD NO REBATABLE ARBITRAGE. |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Interested Person | JOSHUA GERBER | NameOfInterestedPerson |
| Relationship With Organization | FAMILY MEMBER OF INTERIM DEAN MICHAEL GERBER | RelationshipWithOrganization |
| Amount Of Grant | 33700 | AmountOfGrant |
| Type Of Assistance | SCHOLARSHIP | TypeOfAssistance |
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| BENJAMIN KORMAN | |||
| FAMILY MEMBER OF EDWARD R. KORMAN, TRUSTEE | 31106 | EMPLOYEE COMPENSATION | 0 |
| STUART SUBOTNICK | |||
| CHAIRMAN OF THE BOARD OF TRUSTEES | 249685 | REMITTANCE TO ENERGY SERVICES COMPANY WHERE HE IS AN OFFICER. | 0 |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 18000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 12 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1083938 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 1 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF ORGANIZATION MISSION: | FORM 990, PART I, LINE 1 | THE FUNDAMENTAL MISSION OF BROOKLYN LAW SCHOOL IS TO PROVIDE ITS STUDENTS WITH THE KNOWLEDGE, SKILLS, AND ETHICAL VALUES NEEDED FOR A CAREER IN THE LAW. |
| NUMBER OF VOLUNTEERS: | FORM 990, PART I, LINE 6 | 200 CAREER CENTER PROGRAMS & MENTORS 65 LAW FIRM CHALLENGE REP.'S 276 ALUMNI 75 PRESIDENT'S ADVISORY COUNCIL/BOARD OF TRUSTEES 103 STUDENTS 325 SYMPOSIA/EVENTS/OTHER |
| DESCRIPTION OF ORGANIZATION MISSION: | FORM 990, PART III, LINE 1 | THE FUNDAMENTAL MISSION OF BROOKLYN LAW SCHOOL IS TO PROVIDE ITS STUDENTS WITH THE KNOWLEDGE, SKILLS, AND ETHICAL VALUES NEEDED FOR A CAREER IN THE LAW. A WELL-ROUNDED LEGAL EDUCATION EXPOSES STUDENTS TO THEORY AND LEGAL DOCTRINE, AND GIVES THEM THE PRACTICAL SKILLS THAT WILL BE EXPECTED OF THEM AS LAWYERS. IN ORDER TO ACHIEVE ITS MISSION, THE LAW SCHOOL HAS CREATED, AND IS CONTINUING TO CREATE, A COMMUNITY OF OUTSTANDING LEGAL SCHOLARS AND TEACHERS AND STUDENTS WHO ARE AMONG THE BEST AND THE BRIGHTEST. BROOKLYN LAW SCHOOL IS DEDICATED TO CONTRIBUTING TO THE ADVANCEMENT OF OUR UNDERSTANDING OF LAW, LEGAL INSTITUTIONS, AND SOCIETY AT LARGE. BROOKLYN LAW SCHOOL'S FACULTY PRODUCES AN IMPRESSIVE BODY OF WORK, INCLUDING CASEBOOKS, TREATISES, AND ARTICLES IN DISTINGUISHED LAW JOURNALS. THE FACULTY'S STATURE HAS GREATLY ENHANCED THE LAW SCHOOL'S REPUTATION THROUGHOUT THE UNITED STATES AND ABROAD. BROOKLYN LAW SCHOOL BOASTS MORE THAN A CENTURY OF EXPERIENCE IN TRAINING STUDENTS TO ENGAGE IN THE PRACTICE OF LAW. |
| FORM 990, PART VI, SECTION B, LINE 11 | A DRAFT OF THE FORM 990 SHALL BE DISTRIBUTED BY THE CHIEF FINANCIAL OFFICER TO THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO BEING SUBMITTED TO THE IRS. THE DRAFT FORM 990 SHALL BE DISTRIBUTED EARLY ENOUGH TO PROVIDE EACH FINANCE COMMITTEE MEMBER WITH A REASONABLE AMOUNT OF TIME FOR REVIEW AND SUBMISSION OF QUESTIONS OR COMMENTS PRIOR TO THE FILING DEADLINE. THE FINAL FORM 990 SHALL BE DISTRIBUTED TO EACH BOARD MEMBER PRIOR TO BEING FILED WITH THE IRS. THE DRAFT AND FINAL FORM 990 MAY BE DISTRIBUTED IN PERSON, BY REGULAR MAIL, E-MAIL, OR FAX. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY AND PROCEDURES IS DESIGNED TO ENSURE THAT WHENEVER A MATTER IS DISCUSSED OR A DECISION IS MADE BY THE LAW SCHOOL'S GOVERNING BOARD OR COMMITTEE, BOARD AND COMMITTEE MEMBERS FIRST ARE MADE AWARE OF THE EXISTENCE OF ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. THE POLICY ALSO REQUIRES THE LAW SCHOOL TO GATHER INFORMATION ABOUT SUCH CONFLICTS. THIS IS DONE BY REQUIRING EACH BOARD MEMBER, OFFICER, AND KEY EMPLOYEE AND ANY OTHER PERSON WHO REGULARLY ATTENDS THE LAW SCHOOL BOARD AND COMMITTEE MEETINGS TO COMPLETE AND FILE A CONFLICT OF INTEREST DISCLOSURE STATEMENT BEFORE SERVING ON THE LAW SCHOOL BOARD OR ANY COMMITTEE. THE DISCLOSURE STATEMENT REQUIRES EACH BOARD MEMBER, OFFICER, OR KEY EMPLOYEE TO DISCLOSE ANY BUSINESS OR PERSONAL INTERESTS, DIRECT OR INDIRECT, THAT THE PERSON MAY HAVE IN ANY ENTITY THAT DOES BUSINESS WITH THE LAW SCHOOL. THE POLICY AND THE DISCLOSURE STATEMENT CONTAIN THE INFORMATION AND DEFINITIONS EACH PERSON WILL NEED TO PROPERLY COMPLETE HIS OR HER PERSONAL DISCLOSURE STATEMENT. THE PROCEDURES ARE PERFORMED ANNUALLY. EACH TRUSTEE, OFFICER, KEY EMPLOYEE, AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON-- A. HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY AND PROCEDURES, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, D. UNDERSTANDS THAT THE LAW SCHOOL IS A TAX-EXEMPT ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMPENSATION POLICY IS INTENDED TO COMPLY WITH IRS FORM 990 REPORTING AND APPLIES TO THE "COMPENSATION" OF BROOKLYN LAW SCHOOL'S "KEY EMPLOYEES" AND "OFFICERS". (A) REVIEW AND APPROVAL BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES: THE COMPENSATION OF ANY KEY EMPLOYEE OR OFFICER THAT FULFILLS THE CRITERIA DEFINED IN THIS POLICY SHALL BE REVIEWED AND APPROVED BY THE FINANCE COMMITTEE, PROVIDED THAT ANY PERSONS WITH CONFLICTS OF INTEREST SHALL NOT BE INVOLVED IN THE REVIEW AND APPROVAL OF THE COMPENSATION ARRANGEMENT. (1) APPLICABLE CONFLICT OF INTEREST POLICY PROVISIONS. PURSUANT TO BROOKLYN LAW SCHOOL'S CONFLICT OF INTEREST POLICY AND PROCEDURES, THE FOLLOWING RESTRICTIONS APPLY WITH RESPECT TO THE INDIVIDUALS WHO MAY REVIEW AND APPROVE EXECUTIVE COMPENSATION ARRANGEMENTS: A) A VOTING MEMBER OF THE BOARD OF TRUSTEES WHO RECEIVES COMPENSATION FOR SERVICES FROM BROOKLYN LAW SCHOOL, WHETHER DIRECTLY OR INDIRECTLY, AND ANY OTHER TRUSTEE WHO IS THAT VOTING MEMBER'S "IMMEDIATE FAMILY MEMBER," IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT MEMBER'S COMPENSATION, OR THE COMPENSATION OF ANY OTHER MEMBER OF THE "INDEPENDENT EVALUATION COMMITTEE," OR ANY TRANSACTION WITH A BUSINESS IN WHICH EITHER THE MEMBER OR ANY OTHER MEMBER OF THE INDEPENDENT EVALUATION COMMITTEE HOLDS A "FINANCIAL INTEREST." B) A VOTING MEMBER OF ANY COMMITTEE WHOSE JURISDICTION INCLUDES COMPENSATION MATTERS AND WHO RECEIVES COMPENSATION FROM THE ORGANIZATION FOR SERVICES, WHETHER DIRECTLY OR INDIRECTLY, IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO HIS/HER COMPENSATION OR THE COMPENSATION OF ANY MORE SENIOR STAFF EXECUTIVE OF BROOKLYN LAW SCHOOL. (B) USE OF DATA FOR COMPARABLE COMPENSATION: PRIOR TO APPROVING THE COMPENSATION OF ANY KEY EMPLOYEE OR OFFICER, THE FINANCE COMMITTEE SHALL REVIEW AND EVALUATE HIS OR HER COMPENSATION USING DATA FOR COMPARING COMPENSATION OF SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED EDUCATIONAL INSTITUTIONS. (C) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING: THE FINANCE COMMITTEE SHALL CONTEMPORANEOUSLY DOCUMENT AND MAINTAIN RECORDS OF ITS DELIBERATIONS AND DECISIONS REGARDING SUCH COMPENSATION ARRANGEMENTS. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE LAW SCHOOL MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| REPORTABLE COMPENSATION | FORM 990, PART VII, SECTION A | THE ORGANIZATION, IN A FULL TRANSPARENCY POSTURE TO REPORTING, IS REPORTING ALL BENEFITS IN FULL IN PART VII, COLUMN F AND NOT APPLYING THE $10,000 PER ITEM EXCEPTION FOR CERTAIN BENEFITS. |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -9,197,245. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -32,264. OTHER POST-RETIREMENT RELATED CHANGES OTHER THAN NET PERIODIC COSTS -581,014. TOTAL TO FORM 990, PART XI, LINE 5: -9,810,523. |
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