2012-05-15T12:58:48-05:00 2011-06-30 PricewaterhouseCoopers LLP 125 High Street Boston MA 02110 990 2010-07-01 050258809 Brown University BROW 4018632716 Controllers Office Box J Providence RI 02912 RUTH J SIMMONS 4018632716 2012-05-14 true PRICEWATERHOUSECOOPERS LLP 6175305000 2010 2016-02-24 21:20:13Z Ruth J Simmons BROWN UNIVERSITY BOX J PROVIDENCE RI 02912 3414754414 false X http://www.brown.edu X 1764 RI SEE SCHEDULE O. 60 56 10833 15527 -3080687 -3668797 287859413 284564529 410853852 421976050 47204859 192889687 9449699 21122511 755367823 920552777 106456415 118872050 0 0 402646652 402125471 22497 25129 21440824 272442944 270561843 781568508 791584493 -26200685 128968284 3724545395 4167220800 868924943 953385203 2855620452 3213835597 X SEE SCHEDULE O. false false 197444752 347066789 INSTRUCTION/ENROLLMENT. (SEE SCHEDULE O) 145608898 118872050 STUDENT AID, FELLOWSHIPS AND SCHOLARSHIPS. (SEE SCHEDULE O) 81186395 72118345 Auxiliary Services / Activities Includes the operation of the dormitories, dining services, health services, the bookstore, etc. These services accomodate students, faculty and staff by supporting academic & cultural enrichment. 90409982 SPONSORED RESEARCH 22567829 LIBRARIES 50611739 ACADEMIC SUPPORT 21100639 O & M OF PLANT 55450722 DEPRECIATION 17377804 OTHER 257518715 2790916 681758760 true true false true false false true true true true true false false true false false true true true true false false true true false false false true true true false false false false false false false false false true true true false false false true true true false false true X 1432 0 true 10833 true true true true false false false true true true 1 false false false X 60 56 true false false false false false false true true false false true true true true true false true true false X DONALD S SCHANCK 4018632716 BROWN UNIVERSITY BOX J PROVIDENCE RI 02912 X Ruth J Simmons 40.0 X X 611237 0 252447 Donald C Hood 2.0 X X 0 0 0 Robin A Lenhardt 2.0 X 0 0 0 Steven Rattner 2.0 X 0 0 0 Stephen Robert 2.0 X 0 0 0 Mark S Blumenkranz 2.0 X 0 0 0 Spencer R Crew 2.0 X 0 0 0 Charles M Davis 2.0 X 0 0 0 Richard A Friedman 2.0 X 0 0 0 Charles H Giancarlo 2.0 X 0 0 0 Martin J Granoff 2.0 X 0 0 0 Cathy Frank Halstead 2.0 X 0 0 0 H Anthony Ittleson 2.0 X 0 0 0 Debra L Lee 2.0 X 0 0 0 Karen M Levy 2.0 X 0 0 0 Samuel M Mencoff 2.0 X 0 0 0 Annette L Nazareth 2.0 X 0 0 0 Jonathan M Nelson 2.0 X 0 0 0 Theresia Gouw Ranzetta 2.0 X 0 0 0 Alison S Ressler 2.0 X X 0 0 0 Carmen M Rodriguez 2.0 X 0 0 0 Ralph F Rosenburg 2.0 X 0 0 0 Charles M Royce 2.0 X 0 0 0 Joan Wernig Sorensen 2.0 X 0 0 0 Anita V Spivey 2.0 X 0 0 0 Thomas J Tisch 2.0 X X 0 0 0 William H Twaddell 2.0 X 0 0 0 Jerome C Vascellaro 2.0 X X 0 0 0 Peter S Voss 2.0 X 0 0 0 William P Wood 2.0 X 0 0 0 Steven A Cohen 2.0 X 0 0 0 Barry S Rosenstein 2.0 X 0 0 0 Nancy Fuld Neff 2.0 X 0 0 0 Barry S Sternlicht 2.0 X 0 0 0 LAURA GELLER 2.0 X 0 0 0 MATTHEW J MALLOW 2.0 X 0 0 0 MARIA T ZUBER 2.0 X 0 0 0 NORMAN W ALPERT 2.0 X 0 0 0 RICHARD C BARKER 2.0 X 0 0 0 ANDREA TERZI BAUM 2.0 X 0 0 0 KATHERINE BURTON 2.0 X 0 0 0 CRAIG M COGUT 2.0 X 0 0 0 LAURENCE W COHEN 2.0 X 0 0 0 TANYA GODREJ DUBASH 2.0 X 0 0 0 DORSEY M JAMES 2.0 X 0 0 0 PEIGE KATZ 2.0 X 0 0 0 LAUREN J KOLODNY 2.0 X 0 0 0 BRIAN T MOYNIHAN 2.0 X 0 0 0 ERIC RODRIGUEZ 2.0 X 0 0 0 THOMAS E ROTHMAN 2.0 X 0 0 0 JONATHAN M ROZOFF 2.0 X 0 0 0 ELIZABETH B WEST 2.0 X 0 0 0 NANCY G ZIMMERMAN 2.0 X 0 0 0 GEORGE H BILLINGS 2.0 X 0 0 0 ROBERT CARNEY 2.0 X 0 0 0 JOHN HANNAN 2.0 X 0 0 0 KEVIN MUNDT 2.0 X 0 0 0 STEVEN PRICE 2.0 X 0 0 0 JASMINE WADDELL 2.0 X 0 0 0 LAUREN ZALAZNICK 2.0 X 0 0 0 David I Kertzer 40.0 X 446401 0 99519 Elizabeth C Huidekoper 40.0 X 377722 0 26556 Cynthia E Frost 40.0 X 828309 0 269956 Clyde L Briant 40.0 X 345589 0 51863 Rajiv Vohra 40.0 X 519870 0 50463 Edward Wing 40.0 X 577722 0 36345 Margaret M Klawunn VP for 40.0 X 209841 0 41864 Stephen M Maiorisi 40.0 X 218538 0 37463 Kenneth M Shimberg Managing 40.0 X 622624 0 203804 David J Schofield Managing Director 40.0 X 549979 0 169556 Andrew C Wert Managing Director 40.0 X 544498 0 180064 Michael J Speidel 40.0 X 526919 0 179415 WILLIAM CIOFFI JR 40.0 X 471750 0 23120 6850999 0 1622435 594 false true false Shawmut Design Construction 3 Davol Square Suite A275 PROVIDENCE RI 02903 Construction 41113966 Suffolk Construction 65 Allerton Street BOSTON MA 02119 Construction 10400943 Sarra Engineering 1 Harry Street CRANSTON RI 02907 Mechanic Contractors 2043131 GILBANE BUILDING COMPANY 7 JACKSON WALKWAY PROVIDENCE RI 02903 CONSTRUCTION 6500316 DIMEO CONSTRUCTION COMPANY 75 CHAPMAN STREET PROVIDENCE RI 02905 CONSTRUCTION 6174120 117 62227 162375 158680590 125659337 25723383 284564529 TUITION & FEES 900099 347066789 347066789 RESIDENCE 900099 43596130 43596130 DINING HALLS 900099 19096693 19096693 BOOKSTORE 451211 8305500 8264322 41178 COMPUTER STORE 900099 2766281 2766281 1144657 773075 371582 421976050 10682801 10682801 0 1628630 1628630 2561130969 115277554 2493560144 641493 67570825 114636061 182206886 182206886 0 0 0 PARTNERSHIP INVESTMENT INCOME 900099 18141101 -3493447 21634548 INSURANCE CLAIMS & MISC. REFUNDS 900099 1352780 1352780 19493881 920552777 421563290 -3080687 217505645 0 118872050 118872050 0 0 5537414 100563 5185443 251408 0 313857823 273204647 29156357 11496819 20809783 18077614 1969148 763021 43073863 28452332 12764986 1856545 18846588 16189219 1967584 689785 0 703320 703320 504000 504000 203400 203400 25129 25129 11380901 11380901 70030236 56103041 13315383 611812 1036567 902995 100144 33428 32765912 29884438 1453872 1427602 0 0 27909437 23708094 3905215 296128 14295561 12154340 1437793 703428 0 714472 554414 99139 60919 20407531 20105467 302064 0 56283811 55450722 833089 8991606 8434667 556939 DUES AND MEMBERSHIPS 1380436 671189 690935 18312 PURCHASED GOODS 16662696 16662587 109 FUNDRAISING EXPENSES 478292 478292 MISCELLANEOUS 6813665 2026981 2058488 2728196 791584493 681758760 88384909 21440824 34689850 3434220 186151141 221613325 194663816 161136456 43735058 66153264 33354857 33189633 2618705 2583902 3214028 3603345 1504020057 613138821 812909393 890881236 878816231 1101394790 1524712002 1655259425 9680314 27971204 3724545395 4167220800 147308895 203134926 8171867 8478437 444194999 448745000 16109877 20583317 1164969 0 46800000 50000000 205174336 222443523 868924943 953385203 X 636688754 734187137 1178757018 1372641280 1040174680 1107007180 2855620452 3213835597 3724545395 4167220800 X 128968284 229246861 X X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false false false false true 30676 false true 172724 203400 false SCHEDULE C, PART II-B OTHER LOBBYING ACTIVITIES: THE UNIVERSITY ENGAGES CONSULTANTS TO PROMOTE ITS MISSION BY WORKING WITH STATE AND FEDERAL GOVERNMENT ENTITIES TO ADVOCATE FOR LEGISLATION AND POLICY INITIATIVES THAT SUPPORT HIGHER EDUCATION AND THE UNIVERSITY'S RESEARCH AGENDA. IN ADDITION, CERTAIN MEMBERS OF THE UNIVERSITY'S STAFF OR MANAGEMENT DEVOTED A SMALL PORTION OF THEIR TIME ON SIMILAR ACTIVITIES. SCHEDULE C, PART II-B, LINE 1i AMOUNT RELATES TO MEMBERSHIP DUES PAID TO ORGANIZATIONS WHO LOBBY ON BEHALF OF ALL MEMBERS, INCLUDING BROWN UNIVERSITY. X X X X Education false false true 2211203000 67541000 387189000 28030000 70903000 5986000 2561014000 2067880000 55902000 208342000 27840000 85877000 7204000 2211203000 2843081000 57794000 -621803000 32685000 93230000 7115000 2146042000 0.12100 0.40000 0.47900 false false 61738000 61738000 1198095000 537353000 660742000 22004000 16203000 5801000 222183057 59582821 162600236 890881236 COMMON STOCK 583079532 F PARTNERSHIPS & LLCS 1055240186 F MISCELLANEOUS 16939707 F 1655259425 0 FEDERAL STUDENT LOAN FUNDS 24616795 REFUNDABLE ADVANCES 20071443 STUDENT DEPOSITS 28147844 BROWN UNIVERSITY TAXABLE BONDS 117000000 CHARITABLE LEAD TRUST 20577913 ASSET RETIREMENT OBLIGATION 12029528 222443523 SCHEDULE D, PART III, LINE 1a THE UNIVERSITY'S COLLECTIONS INCLUDE WORKS OF ART, HISTORICAL TREASURES, AND ARTIFACTS THAT ARE MAINTAINED IN THE UNIVERSITY'S LIBRARIES AND MUSEUMS. THESE COLLECTIONS ARE PROTECTED AND PRESERVED FOR EDUCATION AND RESEARCH PURPOSES. THE COLLECTIONS ARE NOT RECOGNIZED AS ASSETS IN THE FINANCIAL STATEMENTS OF THE UNIVERSITY. SCHEDULE D, PART III, LINE 4 THE JOHN CARTER BROWN LIBRARY CONTAINS A COLLECTION OF RARE BOOKS, MAPS, ATLASES AND MANUSCRIPTS THAT IS FOCUSED AND DIRECTED TOWARD PROVIDING UNDERSTANDING OF A PARTICULAR HISTORICAL ERA, NAMELY THE COLONIAL PERIOD OF THE AMERICAS. THE LIBRARY SERVES AS A RESOURCE TOOL FOR THOSE STUDYING SUCH TOPICS AS SLAVERY, MISSIONARY WORK, THE GROWTH OF NATURAL SCIENCE, AND ANTI-COLONIAL REVOLUTIONS IN THE NEW WORLD, AS WELL AS HISTORY OF GEOGRAPHY AND CARTOGRAPHY. THE JOHN HAY LIBRARY HOUSES THE UNIVERSITY LIBRARY'S COLLECTIONS OF RARE BOOKS AND MANUSCRIPTS, THE UNIVERSITY ARCHIVES, AND MANY SPECIAL COLLECTIONS ON A WIDE VARIETY OF TOPICS. THE LIBRARY SERVES AS A RESOURCE TOOL FOR THOSE STUDYING SUCH TOPICS AS AMERICAN LITERATURE AND POPULAR CULTURE, POLITICAL AND DIPLOMATIC HISTORY, THE HISTORY OF SCIENCE, BOOK ARTS AND GRAPHICS. THE UNIVERSITY'S ART SLIDE LIBRARY HOUSES SLIDES AND PHOTOGRAPHS REPRESENTING ART AND ART-RELATED SUBJECTS, INCLUDING ARCHITECTURE AND ARCHAEOLOGY. STUDENTS WHO ARE WRITING PAPERS OR CREATING PROJECTS ON ART-RELATED TOPICS CAN MAKE RESEARCH CONSULTATIONS BY APPOINTMENT. THE ART SLIDE LIBRARY ALSO PROVIDES SCANNING SERVICES FOR FACULTY WHO NEED DIGITAL IMAGES OF VISUAL CULTURE FOR TEACHING. THE ANNMARY BROWN MEMORIAL HOUSES EXHIBITS OF EUROPEAN AND AMERICAN PAINTINGS FROM THE 17TH THROUGH THE 20TH CENTURIES, THE CYRIL AND HARRIET MAZANSKY BRITISH SWORD COLLECTION, AS WELL AS PERSONAL MEMENTOS OF ITS FOUNDER, GENERAL RUSH C. HAWKINS, AND THE BROWN FAMILY. THE MEMORIAL IS UTILIZED AS A RESOURCE FOR STUDENTS STUDYING EUROPEAN AND AMERICAN ART BETWEEN THE 17TH AND 20TH CENTURY. THE HAFFENREFFER MUSEUM OF ANTHROPOLOGY IS A UNIVERSITY TEACHING MUSEUM WITH COLLECTIONS OF OVER 100,000 ETHNOGRAPHIC AND ARCHAEOLOGICAL ARTIFACTS AND ACTIVE PUBLIC EXHIBITIONS AND EDUCATION PROGRAMS. A CENTRAL FEATURE OF THE MUSEUM'S MISSION IS TO INSTRUCT STUDENTS AT ALL LEVELS IN COURSES AS WELL AS THROUGH ACTIVITIES ENHANCING THE VALUE OF ITS COLLECTIONS BY RESPONSIBLE, CAREFUL FIELD-DOCUMENTED COLLECTING. SCHEDULE D, PART IV, LINE 2B THE UNIVERSITY ACTS AS THE FISCAL AGENT FOR FUNDS RELATED TO UNIVERSITY SPONSORED AND/OR AFFILIATED PROGRAMS. THE UNIVERSITY DOES NOT OWN THE FUNDS ASSOCIATED WITH THESE PROGRAMS. Schedule D, Part V, Line 4 THE ENDING BALANCE IN COLUMN (c) INCLUDED PLEDGES RECEIVABLE AND THE BEGINNING BALANCE IN COLUMN (b) DOES NOT. SCHEDULE D, PART V, LINE 4 THE UNIVERSITY'S ENDOWMENT INCOME HELPS FINANCE VITAL ACTIVITIES, INCLUDING UNDERGRADUATE STUDENT SCHOLARSHIPS, PROFESSORSHIPS, GRADUATE STUDENT FELLOWSHIPS, LIBRARY ACQUISITIONS, THE DIVISION OF BIOLOGY AND MEDICINE, ACADEMIC PROGRAMS, VARSITY SPORTS, AND BUILDING MAINTENANCE. SCHEDULE D, PART X, LINE 2 BROWN UNIVERSITY DOES NOT HAVE A FIN 48 FOOTNOTE REPORTED IN ITS FINANCIAL STATEMENTS. true true true true true true true false false false false false false false false true false true RACIALLY NONDISCRIMINATORY POLICY PART I, LINE 3 THE UNIVERSITY'S POLICY ON NON-DISCRIMINATION IS MADE AVAILABLE ON ITS WEBSITE. THE UNIVERSITY CUSTOMARILY DRAWS ITS STUDENTS NATIONWIDE FROM ALL SOCIAL SEGMENTS WHO ARE INFORMED OF ITS NONDISCRIMINATORY POLICY. SEE SECTION 4.02-2(B) REV PROC.78-80. GOVERMENT FINANCIAL AID PART I, LINE 6 COLLEGE WORK STUDY, PELL GRANTS, PERKINS LOANS, ETC. Central America and the Caribbean 0 7 Program Services STUDY ABROAD/RESEARCH East Asia and the Pacific 0 23 Program Services STDY ABROAD/CONF/RESEA Europe (Including Iceland and Greenland) 0 102 Program Services STDY ABROAD/CONF/RESEA Middle East and North Africa 0 3 Program Services STUDY ABROAD/RESEARCH North America 0 11 Program Services STUDY ABROAD/RESEARCH Russia and the Newly Independent States 0 1 Program Services STUDY ABROAD South America 0 10 Program Services STUDY ABROAD/RESEARCH South Asia 0 11 Program Services STUDY ABROAD/RESEARCH Sub-Saharan Africa 0 8 Program Services STUDY ABROAD/RESEARCH Central America and the Caribbean Investments 936867576 Europe (Including Iceland and Greenland) Investments 68562999 Sub-Saharan Africa Investments 3484747 0 176 0 176 1008915322 1008915322 true false true true true false SCHEDULE F, PART 1, COLUMN (F) THE UNIVERSITY DOES NOT CURRENTLY TRACK FOREIGN EXPENDITURES FOR EACH PROGRAM SEPARATELY. THEREFORE, PURSUANT TO IRS GUIDANCE, DISCLOSURE IN THIS COLUMN IS NOT REQUIRED IN THE CURRENT YEAR. X X X X X X X true Washburn McGoldrick consulting false 25129 25129 CA NY SEE PART IV 0 SCHEDULE G, PART I, LINE 2B THE CONSULTING SERVICES PROVIDED BY WASHBURN MCGOLDRICK WERE NOT FOR A SPECIFIC FUNDRAISING EVENT. SCHEDULE G, PART I, LINE 3 RHODE ISLAND DOES NOT REQUIRE THE UNIVERSITY TO REGISTER IN ORDER TO SOLICIT FUNDS. SCHEDULE G, PART II BROWN BEAR GOLF CLASSIC INCOME (EXCLUDING CONTRIBUTIONS) $35,000 CONTRIBUTIONS $110,250 TOTAL DIRECT EXP. $51,834 NET INCOME $93,416 FOOTBALL GOLF OUTING INCOME (INCLUDING CONTRIBUTIONS) $29,324 CONTRIBUTIONS $50,925 TOTAL DIRECT EXP. $36,165 NET INCOME $44,083 TOTAL OF ALL OTHER EVENTS INCOME (EXCLUDING CONTRIBUTIONS) $5,480 CONTRIBUTIONS $1,200 TOTAL DIRECT EXP. $15,965 NET INCOME $-9,285 true UNDERGRADUATE SCHOLARSHIPS 2681 82125200 MEDICAL SCHOOL SCHOLARSHIPS 215 4488375 GRADUATE SCHOLARSHIPS 1241 32258475 Schedule I, Part I, Line 2 Grant funds are managed in accordance with both the sponsor and University rules and regulations. Expenditures are reviewed on a pre and post audit basis to ensure that the costs incurred and charged to a particular grant is in compliance with both the sponsor and University policies. Schedule I, Part III The cash grants are reflected on students' accounts. X false true X X X X false true false false false false false true false Ruth J Simmons 606306 0 0 0 4931 0 204402 0 48045 0 863684 0 0 0 David I Kertzer 409901 0 20000 0 16500 0 51996 0 47523 0 545920 0 0 0 Elizabeth C Huidekoper 361222 0 0 0 16500 0 19600 0 6956 0 404278 0 0 0 Cynthia E Frost 465723 0 346086 0 16500 0 261000 0 8956 0 1098265 0 109586 0 Clyde L Briant 308395 0 0 0 37194 0 38280 0 13583 0 397452 0 0 0 Rajiv Vohra 416157 0 0 0 103713 0 24500 0 25963 0 570333 0 70252 0 Edward Wing 561222 0 0 0 16500 0 29400 0 6945 0 614067 0 0 0 Margaret M Klawunn VP for 208306 0 0 0 1535 0 22000 0 19864 0 251705 0 0 0 Stephen M Maiorisi 207666 0 10000 0 872 0 21500 0 15963 0 256001 0 0 0 Kenneth M Shimberg Managing 327001 0 295623 0 0 0 184600 0 19204 0 826428 0 130623 0 David J Schofield Managing Direct 290117 0 259257 0 605 0 162600 0 6956 0 719535 0 116257 0 Andrew C Wert Managing Director 268611 0 259257 0 16630 0 162600 0 17464 0 724562 0 116257 0 Michael J Speidel 263890 0 246529 0 16500 0 161100 0 18315 0 706334 0 105029 0 WILLIAM CIOFFI JR 469601 0 0 0 2149 0 22807 0 313 0 494870 0 0 0 Schedule J, Part I, Line 1a RESIDENCE FOR PERSONAL USE WAS PROVIDED TO THE FOLLOWING INDIVIDUALS: PRESIDENT - AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE EMPLOYER, THE PRESIDENT IS REQUIRED TO LIVE IN UNIVERSITY HOUSING. THEREFORE, NONE OF THE BENEFIT WAS TREATED AS TAXABLE COMPENSATION. PROVOST - AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE EMPLOYER, THE PROVOST IS REQUIRED TO LIVE IN UNIVERSITY HOUSING. THEREFORE, NONE OF THE BENEFIT WAS TREATED AS TAXABLE COMPENSATION. VICE PRESIDENT FOR RESEARCH - NOT REQUIRED TO LIVE IN UNIVERSITY HOUSING. THEREFORE, ALL OF THE BENEFIT ($32,400.00) WAS TREATED AS TAXABLE COMPENSATION. SCHEDULE J, PART I, LINE 1B IN LIEU OF A STANDARDIZED WRITTEN POLICY, SENIOR OFFICERS WERE ISSUED AN ADDENDUM TO THEIR COMPENSATION LETTER APPROVED BY THE CHANCELLOR, OUTLINING THE TREATMENT OF THE ONE ITEM LISTED IN PART I, LINE 1A. Schedule J, Part I, Line 4b THE UNIVERSITY CONTRIBUTED $175,002.00 TO A DEFERRED COMPENSATION PLAN FOR THE PRESIDENT OF THE UNIVERSITY (RUTH J. SIMMONS). TERMS & CONDITIONS: THE PRESIDENT'S DEFERRED COMPENSATION PLAN IS EFFECTIVE FROM FISCAL YEAR END 06/30/07 THROUGH FISCAL YEAR END 06/30/2011. BASED ON SERVICES RENDERED BY THE PRESIDENT IN HER EMPLOYMENT RELATIONSHIP WITH BROWN AND PROVIDED THAT SHE HAS CONTINUOUSLY SERVED AS PRESIDENT OF BROWN THROUGH THE DATE OF EACH UNIVERSITY CREDIT, THE UNIVERSITY SHALL CREDIT THE PRESIDENT'S DEFERRED COMPENSATION ACCOUNT DURING EACH FISCAL YEAR IN EQUAL MONTHLY INSTALLMENTS AT THE END OF EACH MONTH. PLAN AMOUNTS ARE SUBJECT TO FORFEITURE AND/OR PAYMENT ONLY IF CERTAIN CONDITIONS ARE MET, AS OUTLINED IN THE PLAN AGREEMENT. TERMS & CONDITIONS OF SUPPLEMENTAL RETIREMENT PLAN AND PAYMENTS FOR 2010: ALL MEMBERS OF THE EXECUTIVE STAFF OF THE PRESIDENT OF BROWN UNIVERSITY WITH AN ANNUAL SALARY IN EXCESS OF $160,000 ARE ELIGIBLE TO PARTICIPATE IN THE PLAN AS OF THE SIXTH MONTH ANNIVERSARY OF THE DATE OF EMPLOYMENT. ANNUALLY, AMOUNTS ARE CREDITED TO THE PARTICIPANTS' ACCOUNTS BASED ON A PERCENTAGE (DETERMINED BY THE PARTICIPANT'S AGE) OF THE INDIVIDUAL'S COMPENSATION IN EXCESS OF $160,000. PLAN AMOUNTS ARE SUBJECT TO FORFEITURE AND/OR PAYMENT ONLY IF CERTAIN CONDITIONS ARE MET INCLUDING A LENGTH OF SERVICE REQUIREMENT AS DESIGNATED IN THE PARTICIPANT AGREEMENT. THIS PLAN WAS CLOSED TO NEW PARTICIPANTS AS OF MARCH 1, 2007. AMOUNTS LISTED BELOW ARE CONTRIBUTIONS MADE BY THE UNIVERSITY TO THE SUPPLEMENTAL RETIREMENT PLAN: CLYDE L. BRIANT: $8,880. DAVID I. KERTZER: $22,596. AMOUNTS LISTED BELOW ARE PAYMENTS MADE BY THE UNIVERSITY TO PARTICIPANTS UNDER THE SUPPLEMENTAL RETIREMENT PLAN: RAJIV VOHRA $70,252 TERMS & CONDITIONS OF DEFERRED INCENTIVE COMPENSATION PLAN FOR SENIOR INVESTMENT PROFESSIONALS AND PAYMENTS FOR 2010: THE INVESTMENT COMMITTEE SUB-COMMITTEE ON COMPENSATION RECOMMENDS THE AMOUNT OF INCENTIVE COMPENSATION (BASED UPON A PERCENTAGE OF BASE SALARY) FOR EACH SENIOR INVESTMENT PROFESSIONAL PRIOR TO THE BEGINNING OF THE PERFORMANCE YEAR. THE ACTUAL INCENTIVE COMPENSATION GRANTED IS DETERMINED AFTER THE CLOSE OF THE PERFORMANCE YEAR, AFTER THE SUB-COMMITTEE ASSESSES THE PERFORMANCE OF THE SENIOR INVESTMENT PROFESSIONALS USING QUALITATIVE & QUANTITATIVE FACTORS. HALF OF THE INCENTIVE COMPENSATION GRANTED IS DEFERRED FOR ONE TO THREE YEARS AND INVESTED IN THE UNIVERSITY'S LONG TERM POOL. A THIRD OF THE DEFERRED AMOUNT, PLUS ANY INVESTMENT GAINS/LOSSES IS TO BE PAID OUT IN EACH OF THE SUCCEEDING THREE YEARS. THE DEFERRED AMOUNTS ARE SUBJECT TO FORFEITURE IF THE INDIVIDUAL LEAVES BROWN FOR REASONS OTHER THAN RETIREMENT, DISABILITY OR DEATH. THE FOLLOWING AMOUNTS BECAME VESTED AND WERE PAID TO THE FOLLOWING INDIVIDUALS IN CALENDAR YEAR 2010: CYNTHIA E. FROST: $109,586 KENNETH M. SHIMBERG: $130,623 DAVID J. SCHOFIELD: $116,257 ANDREW C. WERT: $116,257 MICHAEL J. SPEIDEL: $105,029 AMOUNTS (ALSO LISTED IN COLUMN Bii) REPRESENT PAYMENTS OF INCENTIVE COMPENSATION THAT WERE DEFERRED AND REPORTED IN A PRIOR FORM 990. Schedule J, Part I, Line 7 THE UNIVERSITY OFFERS INCENTIVE COMPENSATION TO SENIOR PROFESSIONALS IN THE INVESTMENT OFFICE BASED UPON THE UNIVERSITY'S INVESTMENT PERFORMANCE. (SEE RESPONSE TO QUESTION 4B ABOVE) SCHEDULE J, PART II, COLUMN (D) NON-TAXABLE BENEFITS LISTED IN COLUMN D CONSIST OF THE FOLLOWING ITEMS: PRE-TAX AMOUNTS PAID BY EMPLOYEES FOR HEALTH & DENTAL INSURANCE, MEDICAL REIMBURSEMENT, AMOUNTS PAID BY THE UNIVERSITY FOR HEALTH & DENTAL, AS WELL AS TUITION ASSISTANCE AND HOUSING THAT IS REQUIRED AS A CONDITION OF EMPLOYMENT. SCHEDULE J, PART II, COLUMN (F) AMOUNTS REPRESENT PAYMENTS OF INCENTIVE COMPENSATION and serp amounts THAT WERE DEFERRED AND REPORTED IN A PRIOR FORM 990. RI H&E BLD CORP SERIES 2003 521300173 762243CA9 2003-11-13 91425000 FINANCE CAPITAL PROJECTS false false false RI H&E BLD CORP SERIES 2004 521300173 762243FX6 2004-04-27 22545097 ADVANCED REFUNDING 1995 BOND false false false RI H&E BLD CORP SERIES 2005A 521300173 762243MY6 2005-10-04 85500000 FINANCE CAPITAL PROJECTS false false false RI H&E CORP SERIES 2007 521300173 762197BP5 2007-06-27 92405058 FIN. CAP.PJT./REF.1998&COM.PAPER false false false 4720000 91928050 590401 91337649 2005 false false true true 4150097 22545097 259102 22285995 false true true true 87064981 526642 86538339 2006 false false true true 2395058 93317470 718615 42912412 49686443 2008 true false true true false false false false true 0.00000 0.00000 0.00000 true false false false false true 0.00000 0.00000 0.00000 true false false false false true 0.00000 0.00000 0.00000 true false false false false true 0.00000 0.00000 0.00000 true false true true JP MORGAN 35.3 false false false true false false false false false false false true true GOLDMAN SACHS 29.6 false false false true false false false false false true SCHEDULE K, PART II, LINE 3, COLUMN A (SERIES 2003) INCLUDES $503,050 OF INVESTMENT EARNINGS. SCHEDULE K, PART II, LINE 3, COLUMN C (SERIES 2005A) INCLUDES $1,564,981 OF INVESTMENT EARNINGS. SCHEDULE K, PART II, LINE 3, COLUMN D (SERIES 2007) INCLUDES $912,413 OF INVESTMENT EARNINGS. SCHEDULE K, PART II, LINE 3, COLUMN A (SERIES 2009) INCLUDES $3,239 OF INVESTMENT EARNINGS. SCHEDULE K, PART III, LINES 4-6 BROWN UNIVERSITY HAS CONDUCTED AN EXTENSIVE ANALYSIS OF ALL ACTIVITIES CONDUCTED WITHIN ITS BOND-FINANCED FACILITIES AND HAS DETERMINED THAT THERE IS NO PRIVATE BUSINESS USE. SEE PART V SCHEDULE L PART IV (A) NAME OF INTERESTED PERSON: GOLDMAN SACHS (B) RELATIONSHIP BETWEEN THE INTERESTED PERSON AND THE ORGANIZATION: THE PRESIDENT, WHO IS ALSO A FELLOW OF THE UNIVERSITY, HAS A SIGNIFICANT FINANCIAL INTEREST. A TRUSTEE OF THE UNIVERSITY HAS A SIGNIFICANT FINANCIAL INTEREST AND IS ON THE MANAGEMENT COMMITTEE. (C) AMOUNT OF TRANSACTION: $13,500,000 OUTSTANDING VALUATION SWAP AGREEMENT WITH GOLDMAN SACHS AT 6/30/2011. (D) DESCRIPTION OF TRANSACTION: THE UNIVERSITY CURRENTLY HAS TWO ACTIVE INTEREST RATE SWAP AGREEMENTS WITH GOLDMAN SACHS FROM 2005 & 2007. (E) SHARING OF THE ORGANIZATION'S REVENUES: NO (A) NAME OF INTERESTED PERSON: QUADRANGLE PARTNERS, LP (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND THE ORGANIZATION: A FELLOW OF THE UNIVERSITY HAS A SIGNIFICANT FINANCIAL INTEREST. (C) AMOUNT OF TRANSACTION: $914,103 (CAPITAL INVESTED & RETURN OF CAPITAL) (D) DESCRIPTION OF TRANSACTION: THE UNIVERSITY IS A LIMITED PARTNER IN SEVERAL QUADRANGLE PARTNERSHIPS. (E) SHARING OF THE ORGANIZATION'S REVENUES: NO (A) NAME OF INTERESTED PERSON: TPG CAPITAL, LLC (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND THE ORGANIZATION: A TRUSTEE OF THE UNIVERSITY HAS A SIGNIFICANT FINANCIAL INTEREST. (C) AMOUNT OF TRANSACTION: $3,908,099 (CAPITAL INVESTED & RETURN OF CAPITAL) (D) DESCRIPTION OF TRANSACTION: THE UNIVERSITY IS A LIMITED PARTNER IN SEVERAL TPG CAPITAL PARTNERSHIPS. (E) SHARING OF THE ORGANIZATION'S REVENUES: NO X 7 X 1 X 1 X 419 25723383 FMV X 4 X 3 X AUDIO RECORDER 1 0 0 9 false true false SCHEDULE M, PART I, COLUMN (B) THE UNIVERSITY IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED DURING THE YEAR. SCHEDULE M, PART I, LINE 33 NO REVENUE WAS REPORTED ON FORM 990, PART VIII, LINE 1G BECAUSE THE UNIVERSITY'S COLLECTIONS (WHICH INCLUDE WORKS OF ART, HISTORICAL TREASURES & ARTIFACTS) ARE NOT RECOGNIZED AS ASSETS IN THE FINANCIAL STATEMENTS OF THE UNIVERSITY. THESE COLLECTIONS ARE PROTECTED AND PRESERVED FOR EDUCATION AND RESEARCH PURPOSES. MISSION STATEMENT FORM 990, PARTS I AND III TO SERVE THE COMMUNITY, THE NATION, AND THE WORLD BY DISCOVERING, COMMUNICATING, AND PRESERVING KNOWLEDGE AND UNDERSTANDING IN A SPIRIT OF FREE INQUIRY, AND BY EDUCATING AND PREPARING STUDENTS TO DISCHARGE THE OFFICES OF LIFE WITH USEFULNESS AND REPUTATION. BROWN ACCOMPLISHES THIS THROUGH A PARTNERSHIP OF STUDENTS & TEACHERS IN A UNIFIED COMMUNITY CALLED A UNIVERSITY-COLLEGE. FORM 990, PART III, LINE 4A INSTRUCTION / ENROLLMENT INCLUDES COST OF SUPPLIES, SALARIES AND BENEFITS ASSOCIATED WITH TEACHING APPROXIMATELY 8,500 STUDENTS (72% UNDERGRADUATE; 23% GRADUATE; 5% MEDICAL). A FACULTY OF APPROXIMATELY 700 (NOT INCLUDING ADJUNCT, VISITING, CLINICAL AND OTHER "NON-REGULAR" FACULTY) TEACH AND ADMINISTER PROGRAMS IN A VARIETY OF DISCIPLINES, INCLUDING THE HUMANITIES, LIFE/MEDICAL SCIENCES, PHYSICAL SCIENCES AND SOCIAL SCIENCES. THERE ARE NEARLY 100 PROGRAMS OF STUDY OFFERED BETWEEN THE THREE SCHOOLS (UNDERGRADUATE COLLEGE, GRADUATE SCHOOL AND MEDICAL SCHOOL) OF THE UNIVERSITY. IN 2011, THE UNIVERSITY AWARDED 1,554 BACCALAUREATE DEGREES AND 733 ADVANCED (MASTER AND DOCTORATE) DEGREES. FORM 990, PART III, LINE 4B STUDENT AID, FELLOWSHIPS & SCHOLARSHIPS BROWN PROVIDES 100 PERCENT OF DEMONSTRATED NEED FOR ALL AIDED UNDERGRADUATE STUDENTS THAT MATRICULATE. THE UNIVERSITY IS NEEDS-BLIND FOR DOMESTIC STUDENTS (US CITIZENS AND PERMANENT RESIDENTS) AND "NEED-AWARE" FOR INTERNATIONAL AND TRANSFER (BOTH DOMESTIC AND INTERNATIONAL) STUDENTS. INTERNATIONAL AND TRANSFER STUDENTS WHO DO NOT APPLY FOR AID AS PART OF THEIR ADMISSION APPLICATION MAY NOT RECEIVE NEED-BASED SCHOLARSHIPS FROM THE UNIVERSITY. FORTY-ONE PERCENT OF THE UNDERGRADUATE STUDENT BODY RECEIVES NEED-BASED FINANCIAL AID. THE AVERAGE FINANCIAL-AID PACKAGE FOR THE CLASS OF 2015 WAS $36,640. SINCE THE CLASS OF 2007, ALL DOMESTIC UNDERGRADUATES ADMITTED AS FRESHMEN AT BROWN UNIVERSITY WERE ADMITTED UNDER THE UNIVERSITY'S NEEDS-BLIND ADMISSION POLICY. FORM 990, PART III, LINE 4D OTHER PROGRAM SERVICES (EXPENSES $257,518,715) (REVENUE $2,790,916) THE UNIVERSITY ENGAGES IN RESEARCH IN PHYSICAL SCIENCES, HUMANITIES, LIFE SCIENCES AND SOCIAL SCIENCES. THE UNIVERSITY'S RESEARCH NETWORK FEATURES ADVANCED ACADEMIC INSTITUTES, CENTERS AND FACILITIES THAT MAKE OUR WORLD RENOWNED RESEARCH POSSIBLE. THESE FACILITIES, WHICH ARE MADE AVAILABLE TO FACULTY AND STUDENTS, ENCOURAGE DISCOVERY AND INNOVATION BY PROVIDING STATE-OF-THE-ART EQUIPMENT AND RESOURCES. DESCRIPTION EXPENSES ----------- ---------- SPONSORED RESEARCH $90,409,982 LIBRARIES $22,567,829 ACADEMIC SUPPORT $50,611,739 OPERATION & MAINTENANCE OF PLANT $21,100,639 DEPRECIATION $55,450,722 OTHER $17,377,804 FORM 990, PART V, LINE 4B FOREIGN ACCOUNTS THE ORGANIZATION HAS AN INTEREST IN OR A SIGNATURE OR OTHER AUTHORITY OVER A FINANCIAL ACCOUNT IN THE FOLLOWING FOREIGN COUNTRIES: 1) ITALY 2) FRANCE 3) GERMANY 4) CAYMAN ISLANDS 5) BRITISH VIRGIN ISLANDS 6) ENGLAND 7) SCOTLAND 8) BERMUDA 9) JERSEY, CHANNEL ISLANDS 10) GUERNSEY, CHANNEL ISLANDS 11) MAURITIUS PART VI, SECTION A, LINE 2 RUTH J. SIMMONS RICHARD A. FRIEDMAN BUSINESS RELATIONSHIP - THE INDIVIDUALS HAVE A SIGNIFICANT FINANCIAL INTEREST IN AN ENTITY AND ONE INDIVIDUAL SITS ON THE MANAGEMENT COMMITTEE OF THE ENTITY. RICHARD A. FRIEDMAN JONATHAN M. NELSON BUSINESS RELATIONSHIP - THE INDIVIDUALS SIT ON THE BOARD OF ANOTHER ORGANIZATION. PART VI, SECTION B, LINE 11 THE RETURN IS PREPARED BY THE UNIVERSITY AND REVIEWED BY THE UNIVERSITY'S TAX CONSULTANTS. A DRAFT VERSION OF THE FORM 990 IS PROVIDED TO THE CONTROLLER, EXECUTIVE VICE PRESIDENT FOR FINANCE & ADMINISTRATION, AND THE AUDIT COMMITTEE FOR REVIEW. CHANGES/COMMENTS ARE SUBMITTED TO MANAGEMENT AND ANY NECESSARY CHANGES ARE MADE PRIOR TO THE FINAL REVIEW AND SIGNING OF THE TAX RETURN BY THE UNIVERSITY'S INDEPENDENT AUDITORS/TAX CONSULTANTS. THE FINAL TAX RETURN IS PROVIDED TO THE BOARD PRIOR TO FILING. PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE BROWN COMMUNITY ARE RESPONSIBLE FOR READING THE UNIVERSITY'S CONFLICT OF INTEREST AND COMMITMENT POLICY (COICP) AND ITS RELATED GUIDELINES AND TO DISCLOSE POTENTIAL OR ACTUAL CONFLICTS AS THEY ARISE TO THEIR SUPERVISOR OR ASSIGNED SENIOR ADMINISTRATOR. FAILURE TO DO SO WILL BE DEEMED A FAILURE TO MEET ONE'S OBLIGATIONS FOR WHICH SANCTIONS, UP TO AND INCLUDING DISMISSAL, MAY BE IMPOSED. RESPONSIBILITY FOR IMPLEMENTING THE UNIVERSITY'S COICP IS AS FOLLOWS - THE CHANCELLOR FOR MEMBERS OF THE CORPORATION AND ITS STANDING COMMITTEES; THE PRESIDENT FOR THE CABINET; AND THE PROVOST FOR OFFICERS OF INSTRUCTION AND RESEARCH. FOR ALL OTHER MEMBERS OF THE BROWN COMMUNITY, RESPONSIBILITY FOR IMPLEMENTING THE UNIVERSITY'S COICP SHALL REST WITH THE SENIOR VICE PRESIDENT FOR CORPORATION AFFAIRS AND GOVERNANCE. ALL CORPORATION MEMBERS, ALL MEMBERS OF THE CORPORATION'S STANDING COMMITTEES, ALL OFFICERS OF INSTRUCTION, ALL SENIOR OFFICERS, AND SELECTED STAFF SHALL ALSO BE RESPONSIBLE FOR SUBMITTING AN ANNUAL DISCLOSURE FORM. IF THERE ARE NO DISCLOSURES WHICH PRESENT A CONFLICT OR APPEAR TO PRESENT A CONFLICT, THE SUPERVISOR SIGNS THE FORM AND FORWARDS IT TO THE ASSIGNED SENIOR ADMINISTRATOR. IF THERE ARE DISCLOSURES WHICH PRESENT A CONFLICT OR APPEAR TO PRESENT A CONFLICT, THE SUPERVISOR IS RESPONSIBLE FOR WORKING WITH THE EMPLOYEE TO DETERMINE WHETHER A MANAGEMENT PLAN IS WARRANTED, SIGNING THE DISCLOSURE FORM TO ACKNOWLEDGE THAT IT HAS RECEIVED SUPERVISORY REVIEW, AND FORWARDING IT TO THE ASSIGNED SENIOR ADMINISTRATOR FOR THAT EMPLOYEE. FORMS THAT DISCLOSE AFFILIATIONS ARE REQUIRED TO RECEIVE SECONDARY REVIEW AND SIGNATURE BY THE ASSIGNED SENIOR ADMINISTRATOR OR, WHEN THE ASSIGNED SENIOR ADMINISTRATOR IS ALSO THE EMPLOYEE'S SUPERVISOR, BY THE ASSIGNED SENIOR ADMINISTRATOR'S SUPERVISOR. SENIOR ADMINISTRATORS, AS ASSIGNED BY THE SENIOR VICE PRESIDENT FOR CORPORATION AFFAIRS AND GOVERNANCE, ARE RESPONSIBLE FOR COLLECTING DISCLOSURE FORMS AND, IF WARRANTED, MANAGEMENT PLANS WITHIN THEIR DIVISIONS AND FORWARDING THEM TO THE OFFICE OF CORPORATION AFFAIRS AND GOVERNANCE. HUMAN RESOURCES SHALL MAINTAIN EMPLOYEES' DISCLOSURE FORMS AND RELATED MANAGEMENT PLANS, AND THE UNIVERSITY AUDITOR SHALL PERIODICALLY MONITOR THE FILE TO ENSURE COMPLIANCE WITH THE DISCLOSURE REQUIREMENTS OF THIS POLICY. THE UNIVERSITY'S INVESTMENT OFFICE ALSO HAS STRICT INVESTMENT POLICIES INTENDED TO MAINTAIN THE HIGHEST ETHICAL AND LEGAL STANDARDS AND AVOID CONFLICTS. ALL MEMBERS OF THE CORPORATION, INCLUDING THE PRESIDENT, DISCLOSE INFORMATION ANNUALLY RELATED TO CONFLICT OF INTEREST AND COMMITMENT. IF THERE IS CONSIDERATION TO HIRE A FIRM THAT COULD POTENTIALLY PRESENT A CONFLICT, THE INVESTMENT OFFICE SEEKS THE ADVICE AND CONSENT OF THE CORPORATION OFFICE AND GENERAL COUNSEL. ALL MEMBERS OF THE INVESTMENT COMMITTEE MUST RECUSE THEMSELVES AND REFRAIN FROM PARTICIPATION IN CONSIDERATION OF ANY INVESTMENT IN WHICH THEY HAVE AN INTEREST. PART VI, SECTION B, LINE 14 THE UNIVERSITY IS IN THE PROCESS OF DEVELOPING A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY. PART VI, SECTION B, LINE 15 THE AUTHORITY TO ESTABLISH AND ADJUST COMPENSATION FOR THE PRESIDENT AND SENIOR STAFF RESTS WITH THE CORPORATION COMMITTEE ON SENIOR ADMINISTRATION. SENIOR STAFF INCLUDES OFFICERS REPORTING TO THE PRESIDENT, THE DEANS AND VICE PRESIDENTS OR THEIR EQUIVALENTS WHO REPORT TO THE PROVOST AND/OR THE EXECUTIVE VICE PRESIDENT FOR FINANCE & ADMINISTRATION, ANY OTHER UNIVERSITY EMPLOYEE WHOSE ANNUAL COMPENSATION IS IN EXCESS OF $225,000, AND OTHERS WHOSE RESPONSIBILITIES MIGHT BE DETERMINED TO REFLECT SIGNIFICANT INFLUENCE OVER THE AFFAIRS OF THE UNIVERSITY. THE COMMITTEE CONDUCTS THEIR REVIEW ANNUALLY AND, AS PART OF THEIR REVIEW PROCESS, USES DATA AND INFORMATION FROM SURVEYS REFLECTING INDUSTRY STANDARDS FOR COMPENSATION, BENEFITS, AND PREREQUISITES OF SENIOR OFFICERS EITHER AT INSTITUTIONS OF HIGHER EDUCATION OR AT COMPARABLE ENTITIES. DOCUMENTATION OF THIS REVIEW, AS WELL AS ANY DECISIONS MADE, ARE PREPARED BEFORE THE NEXT MEETING OF THE COMMITTEE ON SENIOR ADMINISTRATION, OR 60 DAYS AFTER THE FINAL ACTIONS OF THE COMMITTEE TO SET SALARIES, WHICHEVER IS LATER. THE COMMITTEE FORMALLY APPROVES THE DOCUMENTATION WITHIN A REASONABLE TIME AFTER IT IS PREPARED. PART VI, SECTION C, LINE 19 THE UNIVERSITY'S FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICIES, AND GOVERNING DOCUMENTS (CHARTER AND STATUTES) ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AND ON OUR WEBSITE. FORM 990, PART XI, LINE 5 $231,676,118 UNREALIZED GAINS ON INVESTMENTS ($2,429,257) ACTUARIAL ADJUSTMENT FORM 990, PART XII, LINE 2D BROWN UNIVERSITY'S FINANCIAL STATEMENTS INCLUDE THE ACCOUNTS OF THE JOHN NICHOLAS BROWN CENTER FOR THE STUDY OF AMERICAN CIVILIZATION, BROWN FACULTY CLUB, FARVIEW INCORPORATED (A REAL ESTATE HOLDING COMPANY), AND KARING. ALL OF WHICH ARE SEPARATE ENTITIES THAT ARE CONSOLIDATED IN THE FINANCIAL STATEMENTS. BROWN UNIVERSITY AND THESE CONSOLIDATED ENTITIES ARE COLLECTIVELY REFERRED TO HEREIN AS THE UNIVERSITY. ALL SIGNIFICANT INTER-ENTITY TRANSACTIONS AND BALANCES HAVE BEEN ELIMINATED IN CONSOLIDATION. Brown University Research Foundation c/o Brown University Controllers O Providence RI 02912 050390989 Support Brown RI 501(c)(3) 11d BROWN true John Nicholas Brown Center c/o Brown University Controllers O Providence RI 02912 222506553 Support Brown RI 501(c)(3) 11a BROWN true Farview Inc c/o Brown University Controllers O Providence RI 02912 222665046 Support Brown RI 501(c)(2) n/a BROWN true Brown Faculty Club One Magee Street Providence RI 02712 510192393 Support Brown RI 501(c)(7) n/a BROWN true KARING 110 S MAIN STREET PROVIDENCE RI 02912 272862779 SUPPORT BROWN RI 501(C)(4) N/A BROWN true CHARITABLE GIFT ANNUITY FUND (2) SUPPORT RI NA TRUST CHARITABLE REMAINDER ANNUITY TRUST (7) SUPPORT RI NA TRUST CHARITABLE REMAINDER UNITRUST (67) SUPPORT RI NA TRUST POOLED INCOME (5) SUPPORT RI NA TRUST false false false false false true false false false false false false true true false true false false KARING F 22468680 CARRYOVER BASIS KARING P 34983498 COST SCHEDULE R, PART IV, LINE 1 TRUSTS ARE DOMICILED IN RHODE ISLAND AND CALIFORNIA. SCHEDULE R, PART IV, LINE 3 TRUSTS ARE DOMICILED IN RHODE ISLAND, CALIFORNIA, AND MASSACHUSETTS. SCHEDULE R, PART V, LINE 1F KARING PURCHASED THE LAND AND BUILDINGS AT 222 & 280 RICHMOND ST. PROVIDENCE, RI FROM BROWN UNIVERSITY. THE LAND AND BUILDINGS WERE PURCHASED AT CARRY-OVER BASIS FROM BROWN UNIVERSITY AT THE DATE OF ACQUISITION. SCHEDULE R, PART V, LINE 1M & 1N FOR BROWN UNIVERSITY RESEARCH FOUNDATION, JOHN NICHOLAS BROWN CENTER, FAIRVIEW, AND THE BROWN FACULTY CLUB - THE EXPENSES FOR THESE RELATED ORGANIZATIONS ARE PAID DIRECTLY BY BROWN UNIVERSITY. THERE IS NO REIMBURSEMENT PAID BY ANY OF THESE RELATED ORGANIZATIONS TO BROWN UNIVERSITY. SCHEDULE R, PART V, LINE 1P KARING REIMBURSED BROWN FOR EXPENSES RELATED TO CONSTRUCTION IN PROGRESS WHICH BROWN PAID DURING THE FISCAL YEAR ENDED 6/30/11. THE AMOUNTS REIMBURSED WERE BASED UPON COST OF CONSTRUCTION PAID BY BROWN UNIVERSITY.