2012-12-12T08:38:34-06:00 2011-12-31 133385019 O'CONNOR DAVIES MUNNS & DOBBINS LLP ONE STAMFORD LANDING STAMFORD CT 06902 990 2011-01-01 237213592 THE FRANKLIN & ELEANOR ROOSEVELT INSTITUTE FRAN 2124449130 570 LEXINGTON AVENUE SUITE 500 NEW YORK NY 10022 FELICIA WONG 2124449130 2012-12-04 1 SANDERS DAVIES P01325852 2033232400 2012-12-04 2011 2016-02-24 21:20:13Z FELICIA WONG 570 LEXINGTON AVENUE SUITE 500 NEW YORK NY 10022 43209390 0 X WWW.ROOSEVELTINSTITUTE.ORG X 1987 NY TO INFORM NEW GENERATIONS OF THE IDEALS, VALUES AND ACHIEVEMENTS OF FRANKLIN AND ELEANOR ROOSEVELT AND TO INSPIRE THE APPLICATION OF THEIR SPIRIT OF OPTIMISM AND INNOVATION TO THE SOLUTION OF CURRENT PROBLEMS THROUGH CONFERENCES AND OTHER EDUCATIONAL PROGRAMS, SUPPORT FOR THE FRANKLIN D. ROOSEVELT PRESIDENTIAL LIBRARY AND MUSEUM, AND THE GRANTING OF THE FOUR FREEDOMS MEDALS AND OTHER AWARDS ON AN ANNUAL BASIS. 33 32 34 0 0 0 21464602 17563981 0 0 1560437 3254689 -198294 -213834 22826745 20604836 242340 563512 0 0 2144030 2607825 164688 14745 489478 13341728 15438534 15892786 18624616 6933959 1980220 35090716 21924426 4213048 2269063 30877668 19655363 X SINCE ITS FORMATION IN 1987, THE ROOSEVELT INSTITUTE HAS BEEN DEVOTED TO INFORMING NEW GENERATIONS OF THE IDEALS AND ACHIEVEMENTS OF FRANKLIN AND ELEANOR ROOSEVELT. CONTINUED ON SCHEDULE OTHE INSTITUTE IS FOCUSED ON CRAFTING A NEW DEAL FOR THE 21ST CENTURY BY BUILDING ON THE GREATNESS OF THE PAST TO FORGE A STRONG PROGRESSIVE FUTURE. THREE PILLARS UNDERPIN THIS MISSION: GENERATING AND PROMOTING COMPELLING NEW IDEAS AND BOLD LONG-TERM VISIONS, DEVELOPING THE NEXT GENERATION OF PROGRESSIVE LEADERS AND GROUNDING TODAY'S POLICY SOLUTIONS IN AN ACCURATE HISTORICAL UNDERSTANDING OF THE ROOSEVELT LEGACY.THE INSTITUTE'S GOALS ARE TO PROMOTE ECONOMIC GROWTH NOW AND IN THE FUTURE; PUSH FOR MORE EQUITABLE DISTRIBUTION OF WEALTH; AND FOSTER A POLITICAL SYSTEM THAT CELEBRATES BOTH THE ROLE OF GOVERNMENT AND THE ROLE OF CITIZENS. TO EXECUTE ON ITS' MISSION, THE INSTITUTE HAS A UNIQUE MIX OF FOUR PROGRAM AREAS: THE FOUR FREEDOMS CENTER POLICY INSTITUTION, THE CAMPUS NETWORK STUDENT ORGANIZATION 0 1 13310753 352865 FDR FOUR FREEDOMS PARK, LLC:THE ROOSEVELT INSTITUTE SUPPORTS THE FRANKLIN D. ROOSEVELT FOUR FREEDOMS PARK. THIS PROJECT SEEKS TO BRING THE MEANING OF THE FOUR FREEDOMS TO MILLIONS OF NEW YORKERS AND CITIZENS OF THE WORLD COMMUNITY THROUGH THE CONSTRUCTION OF A MEMORIAL TO FDR'S FOUR FREEDOMS. DESIGNED BY THE RENOWNED ARCHITECT, LOUIS KAHN, THE MEMORIAL IS BEING BUILT ON THE SOUTHERN TIP OF ROOSEVELT ISLAND IN THE EAST RIVER JUST TO THE EAST OF THE UNITED NATIONS. 1488571 1000 FOUR FREEDOMS CENTER:THE INSTITUTE SUPPORTS THE DEVELOPMENT AND PROMOTION OF IDEAS BY SOME OF THE SMARTEST PROGRESSIVE MINDS IN THE COUNTRY; ENCOURAGING A DEBATE OF SUBSTANCE AND POLICY DIRECTION, INSPIRED BY THE BOLD VISION THAT THE ROOSEVELTS BROUGHT TO THE LAST CENTURY. THE POLICY WORK OF THE INSTITUTE FELLOWS REFLECTS A COMMITMENT TO RIGOROUS, OPEN-MINDED INQUIRY AND A BELIEF IN THE POWER THAT CAN BE DERIVED FROM A LIVELY AND FREE DEBATE OF IDEAS IN THE UNITED STATES AND AROUND THE WORLD. 914548 132257 CAMPUS NETWORK:THE INSTITUTE SUPPORTS A NETWORK OF COLLEGE CAMPUS THINK TANKS ON OVER 100 CAMPUSES NATIONWIDE. THESE ROOSEVELT CHAPTER NETWORK ENTITIES ENCOURAGE STUDENTS TO GET INVOLVED AND USE THEIR ACADEMIC SKILLS TO DISCUSS, PROMOTE AND DESIGN PROGRESSIVE IDEAS AND POLICIES. AS OF 2011 MORE THAN 10,000 STUDENTS BELONGED TO THE NETWORK. 1074689 77390 FDR LIBRARY PROGRAMS:THE ROOSEVELT INSTITUTE PROVIDES PROGRAM SUPPORT TO THE FDR PRESIDENTIAL LIBRARY AND MUSEUM. AS PART OF THIS EFFORT, WE HELP SUPPORT THE LIBRARY'S EDUCATIONAL AND PUBLIC PROGRAMS, WHICH BENEFITED 18,000 STUDENTS AND ROUGHLY 1,000 TEACHERS IN 2011; THE LIBRARY'S SPECIAL EXHIBIT GALLERY IS VISITED BY AS MANY AS 100K PEOPLE PER YEAR. THE FDRL AND MUSEUM'S WEBSITE CONTAINS MORE THAN 13,000 DIGITIZED ARCHIVAL DOCUMENTS, PHOTOGRAPHS AND IS UNDERGOING RENOVATION AND CONSTRUCTION OF INSTALLATION OF THE NEW MULTI-MILLION DOLLAR PERMANENT EXHIBITS.THESE PROGRAMS AND FACILITATION OF THE EXHIBITS HELP CARRY THE LEGACY AND VISION OF FDR FORWARD FOR FUTURE GENERATIONS. TOTAL EXPENSE OF $534,600 INCLUDING GRANTS OF $19,526PIPELINETHE RI SUPPORTS A NETWORK CALLED THE RI/PIPELINE THAT KEEPS YOUNG PROFESSIONALS CONNECTED TO THE PROGRESSIVE MOVEMENT AND THE LEGACY AND VALUES OF FDR. THIS IS PERFORMED THROUGH PROFESSIONAL DEVELOPMENT AND MEDIA TRAINING, LOCAL ENGAGEMENT AND FELLOWSHIP PROGRAMS. SINCE ITS LAUNCH IN 2011 THE NETWORK HAS TRIPLED IN SIZE AND NOW HAS BASES IN NY, DC, CHICAGO, MIAMI AND BOSTON TO NAME A FEW.TOTAL EXPENSE OF $263,673 INCLUDING GRANTS OF $1,535LEGACIES AWARDS AND EVENTSTOTAL EXPENSE OF $276,416 INCLUDING GRANTS OF $56,329 1074689 77390 16788561 1 1 0 0 0 0 0 1 0 1 1 1 0 1 0 1 1 1 0 0 0 1 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 112 0 34 1 0 0 0 0 0 1 1 0 0 0 0 X 33 32 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 NY X X THE ORGANIZATION 2124449131 570 LEXINGTON AVE SUITE 500 NEW YORK NY 10022 ANNA ELEANOR ROOSEVELT 2.00 X X 0 0 0 ALISON OVERSETH 2.00 X X 0 0 0 GEORGE KNOX 2.00 X X 0 0 0 WILLIAM J VANDEN HEUVEL 2.00 X X 0 0 0 WILLIAM GRIFFITH 2.00 X X 0 0 0 ANDREW RICH 40.00 X X 199298 0 42651 BEN BARNES 2.00 X 0 0 0 JOE LOUIS BARROW JR 2.00 X 0 0 0 KAREN ADLER 2.00 X 0 0 0 LYNN BASSANESE 2.00 X 0 0 0 MARIAN BREEZE 2.00 X 0 0 0 WILIAM BRODY 2.00 X 0 0 0 SARAH FITZ RANDOLPH BROWN 2.00 X 0 0 0 GEORGE CHAO-CHI CHU 2.00 X 0 0 0 DONALD FOWLER 2.00 X 0 0 0 ROBERT GATJE 2.00 X 0 0 0 GARA LAMARCHE 2.00 X 0 0 0 FREDRICA GOODMAN 2.00 X 0 0 0 HAROLD LEVY 2.00 X 0 0 0 GEORGE MORRIS GURLEY 2.00 X 0 0 0 DAVID CHEN CHUN HSU 2.00 X 0 0 0 NANCY ROOSEVELT IRELAND 2.00 X 0 0 0 CANTWELL F MUCKENFUSS III 2.00 X 0 0 0 E ROOSEVELT JOHNSTON 2.00 X 0 0 0 PHILIP JOHNSTON 2.00 X 0 0 0 PAUL RUDD 2.00 X 0 0 0 SALLY MINARD 2.00 X 0 0 0 DENNIS MURRAY 2.00 X 0 0 0 KATRINA VANDEN HEUVEL 2.00 X 0 0 0 MRS F D ROOSEVELT JR 2.00 X 0 0 0 KATHLEEN SLOANE 2.00 X 0 0 0 GILLIAN MARTIN SORENSEN 2.00 X 0 0 0 BRIAN WOLFF 2.00 X 0 0 0 GINA POLLARA 40.00 X 171438 0 38588 ROBIN WILLIG 40.00 X 130564 0 30467 MARK SCHMITT 40.00 X 117386 0 24778 GLEN WEINER 40.00 X 132083 0 34963 PAUL BENNETT 40.00 X 114161 0 34963 864930 0 206410 6 0 1 0 MITCHELLGIURGOLA ARCHITECTS 630 NINTH AVENUE SUITE 711 NEW YORK NY 10036 ARCHITECTS 326488 ANCHIN BLOCK & ANCHIN LLP 1375 BROADWAY NEW YORK NY 10018 BOOKKEEPING 248623 GALLAGHER & ASSOC 8665 GEORGIA AVE SILVER SPRING MD 20910 CONSTRUCTION 237658 3 365945 7123783 10074253 17563981 644723 644723 24107401 871786 21608328 760893 2499073 110893 2609966 110893 2499073 11635 365945 235333 -223698 -223698 MGMT FEE 541200 9864 9864 9864 20604836 120757 0 2920098 352865 352865 185647 185647 25000 25000 2090095 1344689 544294 201112 104324 67250 27300 9774 235236 151638 61558 22040 178170 114852 46625 16693 130589 45955 71602 13032 14745 14745 102812 102812 710692 525354 91474 93864 56906 27253 2450 27203 385547 167374 185303 32870 400338 295568 73559 31211 214690 173976 21450 19264 239236 232779 3244 3213 86171 20544 65627 22634 14765 5687 2182 PARK CONSTRUCTION COSTS 12657069 12657069 CONSTRUCTION/DESIGN/FAB 245711 245711 PUBLICATIONS/FILMS/MICR 126958 114622 11883 453 REPAIRS AND MAINTENANCE 53881 25650 26457 1774 5300 5252 48 18624616 16788561 1346577 489478 X 4067710 667273 2526046 2284847 149830 61434 526581 261097 150207 265484 19241619 13990279 4980610 4257679 3974694 397430 35090716 21924426 4213048 2269063 4213048 2269063 X 10648727 8944667 19089793 9571548 1139148 1139148 30877668 19655363 35090716 21924426 X 1980220 -13202525 X X 0 1 1 X 0 X 5182203 3710321 5887897 20926947 17198036 52905404 5182203 3710321 5887897 20926947 17198036 52905404 8565964 44339440 717662 668948 541856 510603 644723 3083792 55989196 103050 0.79190 0.64750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 18121927 2140787 656039 95004 2572351 18251398 20428445 12799392 1950371 108127 16948154 18121927 17815587 4683815 2126323 100601 4096679 20428445 21829802 3076237 -4266511 89718 2734223 17815587 0 0 1532 1160 372 255309 89104 166205 269740 170833 98907 265484 LTD PARTNERSHIP INVESTMT 4257679 F 4257679 20604836 18624616 1980220 -2389035 -10813490 -13202525 -11222305 18175713 -2389035 62724 -2326311 20502024 102812 102812 20604836 18584528 62724 62724 18521804 102812 102812 18624616 PART III, LINE 4: THE INSTITUTE'S ARTWORK IS STATED AT COST AND IS FOR USE IN THE FDR LIBRARY'S VISITORS CENTER. IN ADDITION, THE INSTITUTE HOLDS A DONATED COLLECTION OF AUTOGRAPHS OF FRANKLIN D. ROOSEVELT, BOOKS AND DOCUMENTS WHICH ARE STATED AT THE APPRAISED VALUE AT THE DATE OF DONATION AND ARE STORED IN THE FDR LIBRARY. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ORGANIZATION MAINTAINS VARIOUS DONOR-RESTRICTED AND BOARD-DESIGNATED FUNDS WHOSE PURPOSE IS TO PROVIDE LONG-TERM SUPPORT FOR ITS CHARITABLE PROGRAMS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION RECOGNIZES THE EFFECT OF THE INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE INSTITUTE HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE INSTITUTE IS NO LONGER SUBJECT TO AUDITS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2008. PART XI, LINE 8 - OTHER ADJUSTMENTS: ASSIGNMENT OF MEMBERSHIP INTEREST IN SUBSIDIARY -10,813,490. 0 0 0 0 0 0 0 0 0 0 THE NETHERLANDS PROVIDE ASSITANCE TO THE LIBRARY 25000 1 0 0 0 0 0 0 0 X X X 0 PUBLIC SERVICE AWARDS 377580 365945 11635 235333 377580 365945 11635 235333 235333 -223698 1 FOUR FREEDOMS PARK CONSERVANCY INC 133 EAST 62ND STREET NEW YORK NY 10065 452716646 501(C)(3) 352865 ADDTL SUPPORT TO THE FOUR FREEDOMNS PARKSUPPORT OF FOUR FREEDOMS PARK (POST ASSIGNMENT OF INTEREST IN LLC) 1 1 SCHLESINGER FELLOWSHIP AND HISTORY PRIZE 1 10000 MOSCOW & ROOSEVELT STUDY CENTER 1 7500 FDR LIBRARY 1 7965 CAMPUS NETWORK STIPENDS FOR COLLEGE STUDENTS 1 5500 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: PROGRAMMATICALLY: SELF-ASSESS ACTIVITIES AND IMPACT PLUS REPORT BACK TO FUNDERS MONITORING: FINANCE DEPARTMENT MONITORS USE OF FUNDS 1 X X X 0 0 0 0 0 0 0 0 0 ANDREW RICH 199298 0 0 0 0 0 0 0 42651 0 241949 0 0 0 GINA POLLARA 171438 0 0 0 0 0 0 0 38588 0 210026 0 0 0 ROBIN WILLIG 130564 0 0 0 0 0 0 0 30467 0 161031 0 0 0 GLEN WEINER 132083 0 0 0 0 0 0 0 34963 0 167046 0 0 0 ASSIGNMENT OF MEMBERSHIP INTEREST IN THE SUBSIDIARY AND RECEIVABLES RESTRICTED TO THE PARK. 2011-10-12 10813490 THE BOOKS AND RECORDS OF THE SUBSIDIARY ARE MAINTAINED SEPERATE FROM THE INSTITUTE AND ARE REPORTED AT FAIR VALUE IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUTING PRINCIPLES. THE PLEDGES RECEIVABLE ON THE BOOKS OF THE INSTITUTE ARE AT THE VALUE PLEDGED NET OF ALLOWANCE FOR UNCOLLECTIBLES. 452716646 FOUR FREEDOMS PARK CONSERVANCY INC 133 EAST 62ND STREET NEW YORK NY 10065 501(C)(3) 1 0 0 0 PART II, LINE 2E: 1. AMBASSADOR WILLIAM VANDEN HEUVEL2. MRS. FRANKLIN D. ROOSEVELT JR.3. MRS. SALLY MINARD4. MR. WILLIAM GRIFFITH5. MRS. KATHY SLOANE PART II, LINE 2E: DIRECTORS OF THE INSTITUTE AND THE FOUR FREEDOMS PARK CONSEVANCY, INC. THE FRANKLIN D. ROOSEVELT FOUR FREEDOMS PARK LLC WAS FORMED BY THE FRANKLIN AND ELEANOR ROOSEVELT INSTITUTE (THE "INSTITUTE") SEPTEMBER 30, 2008 AS A NEW YORK SINGLE MEMBER LIMITED LIABILITY COMPANY FOR THE PURPOSE OF BUILDING A PARK IN MEMORY OF PRESIDENT ROOSEVELT. IN OCTOBER 2011, THE INSTITUTE ASSIGNED ALL RIGHTS, TITLE AND INTEREST IN AND TO THE ENTIRE SOLE MEMBERSHIP IN THE SUBSIDIARY TO THE FOUR FREEDOMS PARK CONSERVANCY, INC. THE CONSERVANCY WAS CREATED IN 2011 WITH THE SOLE PURPOSE TO PROMOTE AND SUPPORT THE CREATION, IMPROVEMENT, MAINTENANCE, SUSTENANCE, MANAGEMENT, AND OPERATION OF FOUR FREEDOMS PARK AND THE CHAPTERS OF HISTORY DIGITAL RESOURCE. THE ASSIGNMENT TOTALED $10,813,490 AND CONSISTED OF $6,993,324 OF NET ASSETS OF THE SUBSIDIARY AND $3,040,166 OF PLEDGES RECEIVABLE ON THE BOOKS OF THE INSTITUTE AS OF THE DATE OF TRANSFER. CHANGES IN PROGRAM SERVICES FORM 990, PART III, LINE 3 AS OF OCTOBER 2011, THE INSTITUTE HAS ASSIGNED ALL RIGHTS, TITLE AND INTERESTS IN THE PARK TO THE FOUR FREEDOMS PARK CONSERVANCY, INC. (A 503(C)(3) ORGANIZATION WHICH WAS ESTABLISHED TO CONTINUE THE PROJECT STARTED BY THE INSTITUE AND CONTINUE TO SUPPORT THE PARK AFTER THE CONSTRUCTION IS COMPLETED. FORM 990, PART VI, SECTION A, LINE 2 DIRECTOR ANNA ELEANOR ROOSEVELT HAS A FAMILY RELATIONSHIP WITH DIRECTOR E. ROOSEVELT JOHNSTON. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS PREPARED BY THE TAX PROFESSIONALS IN CONJUNCTION WITH THE INSTITUTE'S ACCOUNTING/FINANCE DEPARTMENT. THE RETURN IS FIRST REVIEWED BY THE EXECUTIVE DIRECTOR AND CFO. THE RETURN IS THEN PRESENTED TO THE AUDIT COMMITTEE FOR FINAL REVIEW BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C PROCEDURES FOR MONITORING AND ENFORCING THE CONFLICT OF INTEREST POLICY ARE STATED IN THE INSTITIUTE'S PERSONNEL POLICY AND PROCEDURES MANUAL. FORM 990, PART VI, SECTION B, LINE 15 PROCEDURES FOR ESTABLISHING EXECUTIVE COMPENSATION IS OUTLINED IN THE INSTITUTES' POLICY AND PROCEDURES MANUAL. FORM 990, PART VI, SECTION C, LINE 19 THE INSTITUTE'S MANAGEMENT MAKES THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 1023 AND ALL 990 TAX INFORMATION AVAILABLE UPON REQUEST. IN ADDITION, THE FORM 990 IS AVAILABLE ON-LINE WITH GUIDESTAR. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -2,389,035. ASSIGNMENT OF MEMBERSHIP INTEREST IN SUBSIDIARY -10,813,490. TOTAL TO FORM 990, PART XI, LINE 5: -13,202,525. BOARD OVERSIGHT OF AUDITED STATEMENTS PART XI LINE 2C THE INSTITUTE HAS AN AUDIT COMMITTEE WHICH HAS BEEN ASSIGNED THE RESPONSIBILITY TO 1) ENGAGE THE AUDITORS, 2) MEET TO DISCUSS PLANNING, 3) MEET TO REVIEW THE RESULTS OF AUDIT AND DISCUSS THE FINANCIAL STATEMENTS, 4) DISCUSS ANY INTERNAL CONTROL ISSUES, 5) DISCUSS ANY FUTURE ISSUES THAT MIGHT AFFECT THE INSTITUE AND 6) DISCUSS THE TAX RETURN. THE COMMITTEE REPORTS ITS FINDINGS TO THE BOARD. THERE WAS NO CHANGE TO THE POLICY IN THE CURRENT YEAR. FRANKLIN D ROOSEVELT FOUR FREEDOMS PARK LLC 147 WEST 35TH STREET SUITE 601 NEW YORK NY 10001 237213592 ESTABLISHMENT AND CONSTRUCTION OF FDR FOUR FREEDOMS PARK NY 7078023 FRANKLIN AND ELEANOR ROOSEVELT INSTITUTE IN OCTOBER 2011, THE INSTITUTE ASSIGNED ALL RIGHTS, TITLE AND INTEREST IN AND TO THE ENTIRE SOLE MEMBERSHIP IN THE SUBSIDIARY TO THE FOUR FREEDOMS PARK CONSERVANCY, INC.