2012-11-15T14:07:01-06:00 2011-12-31 420714325 MCGLADREY LLP 751 ARBOR WAY SUITE 200 BLUE BELL PA 19422 990 2011-01-01 236000149 THE BARNES FOUNDATION BARN 2152787000 2025 BENJAMIN FRANKLIN PARKWAY PHILADELPHIA PA 19130 MARGARET B ZMINDA 2152787000 2012-11-13 1 CHRISTOPHER M PEKULA P00734965 2156418600 2011 2016-02-24 21:20:13Z MARGARET B ZMINDA 2025 BENJAMIN FRANKLIN PARKWAY PHILADELPHIA PA 19130 122328116 0 X WWW.BARNESFOUNDATION.ORG X EDUCATIONAL INSTITUTION 1922 PA TO PROMOTE THE ADVANCEMENT OF EDUCATION AND THE APPRECIATION OF THE FINE ARTS AND HORTICULTURE. TO MAINTAIN AN ART GALLERY CONTAINING WORKS OF ANCIENT AND MODERN ART, AS WELL AS AN ARBORETUM. 13 13 114 18 0 0 43361391 95576890 1966837 1024796 1137263 854703 547550 354153 47013041 97810542 0 0 0 0 4139849 5197657 0 0 1824285 4659706 5343081 8799555 10540738 38213486 87269804 122103548 210055630 13024486 14433096 109079062 195622534 X TO PROMOTE THE ADVANCEMENT OF EDUCATION AND THE APPRECIATION OF THE FINE ARTS AND HORTICULTURE. TO MAINTAIN AN ART GALLERY CONTAINING WORKS OF ANCIENT AND MODERN ART, AS WELL AS AN ARBORETUM. 0 0 1316539 943371 PUBLIC VISITATION: THE FOUNDATION'S GALLERY AND ARBORETUM ARE OPEN TO THE PUBLIC A MINIMUM OF THREE DAYS PER WEEK EACH YEAR, WITH ADDITIONAL PUBLIC VISITATION TIMES AVAILABLE IN THE SUMMER MONTHS. APPROXIMATELY 60,000 PEOPLE VISIT THE FOUNDATION'S FACILITIES ANNUALLY. A GALLERY SHOP IS OPERATED IN CONNECTION WITH THIS PUBLIC VISITATION WHICH SELLS REPRODUCTIONS, BOOKS AND OTHER ITEMS RELATED TO THE GALLERY AND ARBORETUM. 814950 91491 EDUCATION: THE FOUNDATION SPONSORS SEPARATE THREE-YEAR CERTIFICATE PROGRAMS IN ART APPRECIATION AND HORTICULTURE, IN ADDITION TO SPECIAL TOPIC WORKSHOPS AT VARIOUS TIMES DURING THE YEAR. THE FOUNDATION ALSO PROVIDES DOCENT-LED TOURS FOR SCHOOL GROUPS (KINDERGARTEN THROUGH UNDERGRADUATE PROGRAMS) DURING THE ACADEMIC YEAR WHICH SERVE APPROXIMATELY 4,000 STUDENTS ANNUALLY. 853255 COLLECTION AND COLLECTION CARE: THE FOUNDATION ENGAGES IN AN ACTIVE PROGRAM OF CARE AND CONSERVATION OF THE OVER 8,000 OBJECTS CONTAINED IN ITS COLLECTION, INCLUDING, BUT NOT LIMITED TO, PAINTINGS, FRAMES, WORKS ON PAPER, FURNITURE AND METALWORK. IN ADDITION, THE FOUNDATION CONDUCTS ONGOING SCHOLARSHIP AND RESEARCH ON OBJECTS AND ARTISTS REPRESENTED IN ITS COLLECTION, AS WELL AS THE HISTORY OF THE ORGANIZATION AND ITS FOUNDERS, DR. ALBERT C. BARNES AND LAURA BARNES. AS PART OF ITS COLLECTION CARE AND EDUCATIONAL ACTIVITIES, THE FOUNDATION HAS A ROBUST PUBLICATIONS PROGRAM WITH CATALOGUES CURRENTLY IN DEVELOPMENT FEATURING, RESPECTIVELY, THE WORKS OF RENOIR AND MATISSE IN THE COLLECTION. THE FOUNDATION ALSO MAINTAINS AND OPERATES AN ARCHIVE CONTAINING THE PAPERS OF DR. BARNES AND OTHER RECORDS AND DOCUMENTATION RELATING TO THE HISTORY OF THE ORGANIZATION. THE ARCHIVE, AS WELL AS A LIBRARY, ARE MADE AVAILABLE TO THE FOUNDATION'S STUDENTS, DOCENTS, AND OUTSIDE SCHOLARS AND RESEARCHERS. 1815401 PARKWAY PROJECT: THE FOUNDATION IS CURRENTLY ENGAGED IN A PROJECT TO CONSTRUCT A NEW FACILITY LOCATED IN THE CITY OF PHILADELPHIA. THE NEW BUILDING WILL PROVIDE EXPANDED FACILITIES FOR THE FOUNDATION'S ART EDUCATION PROGRAMS AND WILL PERMIT INCREASED ACCESS TO THE ART COLLECTION FOR SCHOOL GROUPS, PROGRAM STUDENTS AND GENERAL VISITATION. THE BUILDING WILL ALSO INCLUDE A PUBLICALLY ACCESSIBLE LIBRARY, ORIENTATION FACILITIES AND A SPECIAL EXHIBITION GALLERY. THE PROJECT OUTCOMES ALSO INCLUDE RAISING ENDOWMENT FUNDS TO SUPPORT COLLECTIONS AND COLLECTIONS CARE ACTIVITIES AND GENERAL OPERATIONS. 1815401 4800145 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 79 0 1 114 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 PA X MARGARET B ZMINDA 2152787000 2025 BENJAMIN FRANKLIN PARKWAY PHILADELPHIA PA 19130 DR BERNARD C WATSON 1.00 X 0 0 0 JOSEPH NEUBAUER 1.00 X 0 0 0 SHELDON M BONOVITZ ESQ 1.00 X 0 0 0 JACQUELINE F ALLEN 1.00 X 0 0 0 STEPHEN J HARMELIN ESQ 1.00 X 0 0 0 ANDRE V DUGGIN 1.00 X 0 0 0 AILEEN KENNEDY ROBERTS 1.00 X 0 0 0 DR NEIL L RUDENSTINE 1.00 X 0 0 0 GWENDOLYN STEWART KING 1.00 X 0 0 0 DR BRENDA T THOMPSON 1.00 X 0 0 0 RAJIV SAVARA FCS 1.00 X 0 0 0 DONN G SCOTT 1.00 X 0 0 0 DR ERNEST C LEVISTER JR 1.00 X 0 0 0 DEREK A GILLMAN 40.00 X 361141 0 31628 MARGARET B ZMINDA 40.00 X 190795 0 28763 BRETT MILLER 40.00 X 150559 0 18707 WILLIAM W MCDOWELL 40.00 X 215537 0 29547 DIANA D DUNCAN 40.00 X 262229 0 33864 CARLA M TATE 40.00 X 121040 0 15910 MARK MILLS 40.00 X 113060 0 17029 LINDA SCRIBNER PASKIN 40.00 X 134753 0 11522 1549114 0 186970 8 0 1 0 LF DRISCOLL 9 PRESIDENTIAL BLVD BALA CYNWYD PA 19004 CONSTRUCTION AND MANAGEMENT 48439357 TOD WILLIAMS BILLIE TSIEN ARCHITECTS 222 CENTRAL PARK SOUTH NEW YORK NY 10019 ARCHITECTURAL SERVICES 1799283 ATELIER ART SERVICES LLC 103 E SHARPNACK STREET PHILADELPHIA PA 19119 ART HANDLER 520000 PENTAGRAM DESIGN INC 204 FIFTH AVENUE NEW YORK NY 10010 GRAPHIC DESIGN 516341 ALLIED BARTON SECURITY PO BOX 828854 PHILADELPHIA PA 19182 SECURITY SERVICES 419179 15 11450000 84126890 95576890 ADMISSION, AUDIO RENTA 900099 918682 918682 EDUCATION 611600 91491 91491 PUBLICATIONS 900004 14623 14623 1024796 863742 863742 24287745 24296784 -9039 -9039 -9039 505154 220790 284364 284364 LICENSING & MERCHANDIS 900099 59723 59723 MISCELLANEOUS INCOME 900099 10066 10066 69789 97810542 1034862 0 1198790 1077686 781593 296093 3423126 1845628 908726 668772 92140 34078 53452 4610 331007 205740 75620 49647 273698 153958 69922 49818 558420 475106 83314 153688 37329 116208 151 1186238 538292 138097 509849 48788 40523 3932 4333 290067 126400 73968 89699 267975 21868 244640 1467 572553 111986 460067 500 457968 313945 46323 97700 17700 10329 1959 5412 646678 83057 563621 291883 1086 290797 SECURITY SERVICES 480540 480540 CONSERVATION SERVICES 280824 276011 4813 CREDIT CARD FEES 79997 39867 40130 MISCELLANEOUS 9762 4402 4069 1291 10540738 4800145 3916308 1824285 19239 121588 5805131 3634258 41416033 47539299 102950 61450 233672 213864 233762 398508 123939706 8757112 54527454 115182594 15714698 39318494 4050609 3585575 122103548 210055630 13024486 14433096 13024486 14433096 X 10485704 11478430 90558358 160766271 8035000 23377833 109079062 195622534 122103548 210055630 X 87269804 -726332 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2775386 X X X X EDUCATION 0 8241195 16555338 40742 851750 23985525 3718087 4118500 700433 295825 8241195 3607301 224833 20820 134867 3718087 3691667 15634 100000 3607301 0.00000 0.97470 0.02530 1 0 176389 176389 13094144 7342160 5751984 426184 341223 84961 110242989 1073729 109169260 115182594 MONEY MARKET FUNDS 5569215 C US GOVERNMENT AND AGENCY NOTES AND BONDS 11132284 C COPORATE FIXED INCOME BONDS AND NOTES 1578361 C FIXED INCOME MUTUAL FUNDS 9373966 C EQUITY MUTUAL FUNDS 8732044 C COMMODITY MUTUAL FUNDS 35903 C INTERNATIONAL MUTUAL FUNDS 2896721 C 39318494 97810542 10540738 87269804 -753364 27032 -726332 86543472 97151312 -753364 27032 220790 -505542 97656854 153688 153688 97810542 10607840 220790 220790 10387050 153688 153688 10540738 PART III, LINE 4: THE FOUNDATION'S COLLECTIONS INCLUDE WORKS OF ANCIENT AND MODERN ART AND A SIGNIFICANT COLLECTION OF LIVING SPECIMENS OF TREES, PLANTS AND FLOWERS. THE WORKS OF ART THAT ARE DISPLAYED IN THE FOUNDATION'S GALLERY ARE AVAILABLE FOR VISITATION BY THE PUBLIC AND ARE ALSO USED TO CONDUCT EDUCATIONAL ACTIVITIES TO TEACH THE PRINCIPLES OF ART APPRECIATION ESTABLISHED BY ITS FOUNDER. THE LIVING COLLECTIONS ARE USED IN THE FOUNDATION'S PROGRAMS TO TEACH PRICIPLES OF AESTHETIC APPEAL OF PLANTS COMBINED WITH A BASE IN BOTANY, HORTICULTURE AND LANDSCAPE DESIGN. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE INCOME FROM THE FOUNDATION'S PERMANENTLY RESTRICTED ENDOWMENT FUNDS ARE INTENDED TO SUPPORT THE FOUNDATION'S PROGRAM OF COLLECTIONS AND COLLECTION CARE, EDUCATION AND UNRESTRICTED OPERATING COSTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE FOUNDATION QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE TAXES. THE FOUNDATION HAD NO NET UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMEBER 31, 2011 AND 2010, RESPECTFULLY. MANAGEMENT HAS EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. CONSEQUENTLY, NO ACCRUAL FOR INTEREST AND PENALTIES WAS DEEMED NECESSARY FOR THE YEARS ENDED DECEMBER 31, 2011 AND 2010. THE FOUNDATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2008. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 220,790. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSE 153,688. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 220,790. PART XIII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSE 153,688. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 ON NOVEMBER 12, 2010, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES OF THE BARNES FOUNDATION FORMALLY REAFFIRMED THE FOUNDATION'S COMMITMENT TO PROVIDING EQUAL OPPORTUNITIES AND A POLICY OF NONDISCRIMINATION ON THE BASIS OF RACE, COLOR, SEX, SEXUAL ORIENTATION, GENDER IDENTITY, RELIGION, CREED, NATIONAL OR ETHNIC ORIGIN, CITIZENSHIP STATUS, AGE, DISABILITY, VETERAN STATUS OR ANY OTHER LEGALLY PROTECTED CLASS STATUS IN THE ADMINISTRATION OF ITS EDUCATIONAL PROGRAM ADMISSIONS, FINANCIAL AID, OR ANY OTHER BARNES FOUNDATION-ADMINISTERED EDUCATIONAL ACTIVITY OR RELATED EMPLOYMENT PRACTICES. THIS POLICY HAS BEEN PUBLICLY DISSEMINATED AND PUBLICIZED IN BARNES FOUNDATION MATERIALS, AS APPROPRIATE, TO ALL COMMUNITIES SERVED BY THE BARNES FOUNDATION. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES GRANTS FROM THE COMMONWEALTH OF PENNSYLVANIA TOTALING $11,450,000. 1 X 0 0 0 0 0 0 0 0 0 DEREK A GILLMAN 286141 0 75000 0 0 0 0 0 31628 0 392769 0 0 0 MARGARET B ZMINDA 190795 0 0 0 0 0 0 0 28763 0 219558 0 0 0 BRETT MILLER 150559 0 0 0 0 0 0 0 18707 0 169266 0 0 0 WILLIAM W MCDOWELL 195537 0 20000 0 0 0 0 0 29547 0 245084 0 0 0 DIANA D DUNCAN 242229 0 20000 0 0 0 9600 0 24264 0 296093 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE BARNES FOUNDATION 990 IS PREPARED BY AN INDEPENDENT FIRM AND A DRAFT IS PRESENTED TO THE SENIOR VICE PRESIDENT OF BUSINESS STRATEGY AND OPERATIONS (A MEMBER OF MANAGEMENT) FOR FINAL REVIEW. THE 990 IS THEN FINALIZED BY THE INDEPENDENT FIRM AND THE BARNES FOUNDATION SUBMITS THE DRAFT 990 FOR REVIEW TO ALL BOARD MEMBERS PRIOR TO FILING AND THEN SUBMITS FORM 990 TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C IN ADDITION TO REQUIRING EACH TRUSTEE, OFFICER AND KEY EMPLOYEE TO MAKE A DISCLOSURE OF ANY POSSIBLE PERSONAL, FAMILIAL, OR BUSINESS RELATIONSHIP THAT COULD GIVE RISE TO A CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST, THE FOUNDATION'S CONFLICT OF INTEREST POLICY ALSO REQUIRES THE DISCLOSURE OF ANY CHANGE OF CIRCUMSTANCE THAT WOULD GIVE RISE TO CONFLICTS CONCERNS. MOREOVER, THE FOUNDATION HAS ADOPTED A WHISTLEBLOWER POLICY DESIGNED TO ENCOURAGE PROMPT DISCLOSURE BY TRUSTEES, OFFICERS AND EMPLOYEES OF ANY UNLAWFUL OR IMPROPER BEHAVIOR OR TRANSACTIONS, INCLUDING THOSE THAT RAISE POTENTIAL CONFLICT OF INTEREST CONCERNS. EACH YEAR ALL DIRECTORS, OFFICERS, TRUSTEES AND KEY EMPLOYEES ARE REMINDED OF THEIR OBLIGATIONS TO COMPLY WITH THE CONFLICT ON INTEREST POLICY AT THE ORGANIZATION'S ANNUAL MEETING AND PERIODICALLY AT OTHER TIMES DURING THE YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE BARNES FOUNDATION'S BY-LAWS, CHARTER, FINANCIAL STATEMENTS AND CERTAIN OTHER GOVERNING DOCUMENTS (E.G., CONFLICT OF INTEREST POLICY), ARE AVAILABLE FOR REVIEW UPON APPROPRIATE WRITTEN REQUEST, DIRECTED TO THE FOLLOWING: EVP, CFO AND COO (A MEMBER OF MANAGEMENT), BARNES FOUNDATION, 2025 BENJAMIN FRANKLIN PARKWAY, PHILADELPHIA, PA 19130 CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -753,364. DONATED SERVICES AND USE OF FACILITIES: 27,032. TOTAL TO FORM 990, PART XI, LINE 5: -726,332. FORM 990, PART XII, LINE 2C: THERE IS NO CHANGE TO THIS PROCESS FROM THE PRIOR YEAR.