2011-05-16T09:18:20-07:00 2010-06-30 990 2009-07-01 530196523 CARNEGIE INSTITUTION OF WASHINGTON CARN 2023876400 1530 P St NW Washington DC 200051910 Gary Kowalczyk 2023876400 2011-05-16 2009 2016-02-24 21:20:13Z Gary Kowalczyk 1530 P Street NW Washington DC 20005 273802811 0 X WWW.CIW.EDU X 1904 DC The conduct of scientific discovery, research and education in the fields of plant biology, developmental biology, earth and planetary sciences, astronomy, and global ecology 20 20 554 0 243738 103704 39825696 46571176 6909802 12086437 14471912 35162861 32199708 -1476369 93407118 92344105 4058900 4944047 0 0 39163449 42007750 0 0 925297 38365047 44177056 81587396 91128853 11819722 1215252 817410006 904176713 130424514 166728974 686985492 737447739 The mission of the Carnegie Insitution of Washington, as set forth in its articles of incorporation under an Act of Congress in 1904, is "to encourage, in the broadest and most liberal manner, investigation, research, and discovery, and the application of knowledge to the improvement of mankind." 0 0 73190715 0 0 Carnegie investigators are leaders in the fields of plant biology, developmental biology, earth and planetary sciences, astronomy and global ecology. Using molecular genetics and related methods, Carnegie biologists study the genes responsible for plant responses to light and the genetic controls over vaious growth and developmental processes including those that enable plants to survive disease and environmental stress. In addition, the department is a world leader in bioinformatics. It developed and now manages an online-integrated database, one of the most widely used biological databases in the world, that supplies all aspects of biological information on the most widely used modal plant, Arabidopsis. Researchers in developmental biology address fundamental questions in animal development and genetics at the cellular and molecular levels. Some researchers investigate the genetic programming behind cellular processes as cells develop, while others explore the genes that control growth and obesity, stimulate stem cells to become specialized body parts, and perform many other functions. Other researchers examine the physics and chemistry of Earth's deep interior and planets Carnegie is a world-renowned center for petrology - study of rocks. It is also a world leader in high-pressure and high-temperature physics making significant contributions to both Earth and material sciences. Carnegie scientists are part of an interdisciplinary effort to investigate how life evolved on this planet and determine its potential for existing elsewhere. With various partners, Carnegie has launched a new multi-disciplinary, international initiative dedicated to achieving a transformational understanding of Earth's deep carbon cycle, including its poorly constrained resevoirs and fluxes, unknown role of deep biology, and unexplored influences of the deep carbon cycle on critical societal concerns related to energy, environment, and climate. Carnegie astronomers, unlike most in their filed, design and build their own instruments to capture the secrets of space. They are tracing the evolution of the universe from the spark of the Big Bang through star and galaxy formation, exploring the structure of the universe, and probing the mysteries of dark matter, dark energy, and the ever-accelerating rate at which the universe is expanding. Carnegie operated telescopes in Las Campanas Chile, at which a large part of the research is conducted, and is part of a consortium that has undertaken to design, construct and operate a telescope known as the Giant Magellan Telescope that, when complete, will be among the world's largest ground-based optical/infrared facilities. Carnegie research also includes interdisciplinary teams of astronomers and astrophysicists, geophysicists and geochemists, cosmochemists and planetary scientists. These teams are discovering planets outside our solar system, determining the age and structure of the universe, and studying the causes of earthquakes and volcanoes. Using innovative approaches to research on global ecology, Carnegie scientists are picking apart the complicated interactions of Earth's land, atmosphere, and oceans to understand how global systems operate. With a wide range of powerful tools--from satellites to the instruments of molecular biology--these scientists explore issues such as the global carbon cycle, the role of land and oceanic ecosystems, and much more. These ecologists also play an active role in the public arena, from serving on international panels investigatin climate change to promoting satellite imagery for the discovery of environmental "hotspots". 8431824 4944047 0 Education. Carnegie, a non-degree granting entity, is an advanced study organization at which highly qualified graduate scientists are offered postgraduate and post doctoral training for careers in education and research. Carnegie's postdoctoral scientific education is mostly conducted in the laboratory or in the field. The postdoctoral curriculum is heavily weighted toward training candidates to be capable researchers and teachers of research. The faculty consists of the professional staff of Carnegie, all of whom pursue their own research.Carnegie also offers certain training opportunities for predoctoral students who may pursue formal degrees at degree-granting insstitututions. Carnegie programs also train public elementary school teachers how to incorporate interactive science instruction into all aspects of the curriculum; helps improve the instruction of methematics educaion of public school children by training individuals with mathematics or related degrees to become classroom instructors; introduces and trains high school students to career education pathways in the field of biotechnology; and makes information available concerning Carnegie's scientific research findings to students and the general public. 0 0 0 none 0 0 0 81622539 1 1 0 0 0 0 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 228 0 1 554 1 1 1 1 CI 0 0 0 0 0 0 0 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA DC MD X X Gary Kowalczyk 2023876400 1530 P St NW Washington DC 200051910 Remi Barbier 1 X 0 0 0 Samuel W Bodman 1 X 0 0 0 John C Botts 1 X 0 0 0 John F Crawford 1 X 0 0 0 W Gary Ernst 1 X 0 0 0 Sandra M Faber 1 X 0 0 0 Bruce W Ferguson 1 X 0 0 0 Stephen P A Fodor 1 X 0 0 0 William Gayden 1 X 0 0 0 Michael Gellert 1 X 0 0 0 Robert G Goelet 1 X 0 0 0 William R Hearst III 1 X 0 0 0 Suzanne Nora Johnson 1 X 0 0 0 MaryClaire King 1 X 0 0 0 Rush D Holt Jr 1 X 0 0 0 Deborah Rose 1 X 0 0 0 Maxine F Singer 1 X 0 0 0 Christopher T S Stone 1 X 0 0 0 William I M Turner Jr 1 X 0 0 0 Mary Lou Zoback 1 X 0 0 0 Richard Meserve 50 X 455059 0 57187 Gary Kowalczyk 50 X 198896 0 37722 Lisa Klow 40 X 51557 0 16719 Russel Hemley 50 X 235990 0 51881 Wendy Freedman 50 X 229632 0 38325 Sean Solomon 50 X 225271 0 53454 Wolf Frommer 50 X 214403 0 44682 Allan C Spradling 50 X 0 0 0 Christopher Field 50 X 226284 0 51490 Ken Caldeira 50 X 244037 0 41110 Ho Kwang Mao 50 X 221423 0 49917 Erik Hauri 50 X 180168 0 28226 Ronald Cohen 50 X 176939 0 30594 Patrick McCarthy 50 X 177335 0 35178 Joseph Gall 50 X 179877 0 40573 Mark Phillips 50 X 167502 0 44222 Wesley Huntress 50 X 0 0 4968 Steve Shectman 50 X 178761 0 37788 Seung Rhee 50 X 154874 0 21588 Sharon D Bassin 40 X 15048 0 4297 John Lively 50 X 0 0 4968 Christopher Somerville 50 X 2534 0 1597 3535590 0 696486 70 1 1 0 Morgan Lewis Bockius LLP 1111 Pennsylvania Ave NW Washington DC 20004 Legal 1008851 KPMG LLP 2001 M St NW Washington DC 20036 Accounting 278200 Paragon Engineering 2277 Joy Lane Westcliffe CO 81252 Engineering Services 195523 Greg Burley PO Box 72084 Sasamat Station Vancoouver BC CA V6R 4P2 Consulting 140060 Alta Systems 50 CHUMASERO DRIVE Ste4K SAN FRANCISCO CA 94312 IT Services 128798 7 0 0 0 0 31430536 15140640 99086 46571176 Magellan Telescope program 541700 2971999 2971999 0 0 Giant Magellan Telescope program 541700 8428133 8428133 0 0 Australian Astronomy program 541700 120566 120566 0 0 Univ of Toronto Astronomy program 541700 120000 120000 0 0 AAS Secretary Office 541700 61721 61721 0 0 384018 384018 0 0 12086437 7767788 0 209362 7558426 0 0 0 0 1014670 0 0 1014670 1778327 0 1594022 0 184305 0 184305 184305 0 0 207259757 0 179864684 0 27395073 0 27395073 0 34376 27360697 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Loss on swap transactions 900099 -3129950 -3129950 0 0 Capital gains on mutual funds 900099 28650 28650 0 0 425956 425956 0 0 -2675344 92344105 9595398 243738 35933793 1131203 1131203 3453456 3453456 359388 359388 2401431 983329 1119879 298223 29598974 27717758 1518881 362335 3774664 3595617 157161 21886 4218533 3533418 675048 10067 2014148 1816278 171558 26312 959526 278 959248 0 240900 0 240900 0 1280052 1193776 66426 19850 1016069 801852 172033 42184 1262119 1088674 170397 3048 0 3559246 3538842 10352 10052 2188725 2136666 30251 21808 556460 409012 72393 75055 1877955 0 1877955 0 8565907 8310357 246044 9506 562672 226616 335701 355 Contracts & subawards 15954504 15908372 41084 5048 Researcj/education expense 4341735 4309388 17633 14714 Exchange rate (gain)/loss -408885 -214627 -194258 0 Bond administration expense 1283294 0 1283294 0 Other repair & maintenace expense 213456 216933 -5149 1672 723321 1105953 -385814 3182 91128853 81622539 8581017 925297 0 0 3587818 32386055 10432411 13775336 803563 528226 0 0 0 0 741173 726200 0 0 1510527 4335291 241958885 85220332 157980529 156738553 276988698 319045426 365365287 376641626 0 0 817410006 904176713 9317842 52461005 0 0 40746194 33916916 65800000 65105000 0 0 0 0 0 0 0 0 14560478 15246053 130424514 166728974 X 206347417 217326563 425774379 465231580 54863696 54889596 686985492 737447739 817410006 904176713 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 531558841 32060 70665868 2011688 24852386 2810788 572581907 739270786 321305 -181429437 1732944 22719906 2150963 531558841 0.13 0.1 0.77 1 0 0 817117 817117 0 89055291 23427128 65628163 0 0 0 0 0 144246897 61793204 82453693 0 7839580 0 7839580 156738553 8161555 F 243661 F Real assets/natural resources 128593122 F Alternative investments 239643288 F 376641626 0 Accrued postretirement benefit cost 15246053 15246053 92344105 91128853 1215252 50985553 -885068 0 0 0 50100485 51315737 143185122 50985553 -885068 0 0 50100485 93084637 853490 -1594022 -740532 92344105 92722875 0 0 0 1594022 1594022 91128853 0 0 0 91128853 SchD_P05_S00_L04 Schedule D, Part V, Line 4 The organization's endowment funds are intended to support its overall mission of supporting scientific discovery "in the broades and most liberal manner". SchD_P06_S00_L01e Schedule D, Part VI, Line 1e Art - $70,805: Construction in Progress - $7,768,775 SchD_P10_S00_L00 Schedule D, Part X On July 1, 2007, Carnegie adopted the provisions of FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes (FIN48).FIN48 required that a tax position be recognized or derecognized based on a 'more-likely-than-not' threshold. This applies to positions taken or expected to be taken in a tax return. The implementation of FIN48 had no impact on the statement of financial position or statement of activities. Carnegie does not believe its financial statements include (or reflect) any uncertain tax positions. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Rental expenses SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d rent expense 1 1 1 Our non-discrimination policy is available on our website, www.ciw.edu, under Policies and Procedures. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 We receive grants and pass throughs from several Federal agencies including NSF, PHS, NASA, USDA, ONR, NIST, and others. These monies support our scientific research and education. 1 1 South America 2 65 Program Services Telescope operations for research 5041860 South America 0 2 Grantmaking 2 Fellowships at the Observatories in Chile 776908 Europe (including Iceland and Greenland) Program Services AMASE Research Expedition 280338 South America 0 0 Program Services Telescope observation runs 156409 East Asia and the Pacific 0 0 Program Services Planetary search fieldwork and Strainmeter installation 120749 Europe (including Iceland and Greenland) 0 0 Program Services Dept of Terrestrial Magnetism workshops, meetings & conferences 117350 South America 0 0 Program Services Scientific observation runs 103305 Central America and the Caribbean 0 0 Program Services Carnegie Airborne Observatory research 78649 Europe (including Iceland and Greenland) 0 0 Program Services Meetings/conferences attended 59239 South America 0 0 Program Services Telescope engineering & maintenance 41708 East Asia and the Pacific Program Services Deep Carbon Observatory meetings 46995 East Asia and the Pacific 0 0 Program Services Collaboration & conferences with area scientists 39779 Europe (including Iceland and Greenland) 0 0 Program Services Equipment research, Strainmeter installation 33296 South America 0 0 Program Services Carnegie Airborne Observatory research 24689 South America 0 0 Program Services Meetings attended 23585 East Asia and the Pacific Program Services AIRAPT Conference 22545 East Asia and the Pacific 0 0 Program Services Geophysical meetings and conferences 20420 Sub-Saharan Africa 0 0 Program Services Carnegie Airborne Observatory research 10673 Central America and the Caribbean 0 0 Program Services Strainmeter installation 9962 South America 0 0 Program Services IAU General Assembly, Astrobio 2010 Conference 9876 Europe (including Iceland and Greenland) Program Services Deep Carbon Observatory meetings 9811 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Superior Province fieldwork 8917 Middle East and North Africa 0 0 Program Services Tel Aviv University lecture 7260 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Canadian Astronomical Society meeting 3635 Russia and the newly independent States Program Services Deep Carbon Observatory meetings 2527 North America (including Canada and Mexico, but not the United States) Program Services Deep Carbon Observatory meetings 934 2 67 7051419 Fellowship South America 2 776908 Check SchF_P01_S00_L02 Schedule F, Part I, Line 2 As a research institution, Carnegie provides fellows with the opportunity to pursue independent research and the training to acquire the additional skills and expertise needed to become a successful scientist. Carnegie monitors the fellowship experience to achieve both objectives. Fellows pursue their research program relatively independently but have full access to Carnegie facilities and staff members and typically perform their experiments and scientific work on-site and in collaboration with other Carnegie scientists. Fellows in the physical sciences typically collaborate with a senior staff member on research projects. This provides an ongoing vehicle for monitoring and supporting the work of the fellow. Carnegie's various administrative and research policies apply to fellows. In Carnegie's structure, department directors are responsible for assuring that fellows follow these procedures and carry out the research supported through externally or internally-funded fellowships. The fellows listed below are stationed at the Carnegie facility in Las Campanas, Chile. 1 THE REGENTS OF THE UNIVERSITY OF CALIFORNIA 10920 WILSHIRE BLVD STE 107 LOS ANGELES CA 900246503 956006143 501(c)3 176590 0 Participant support; academic partnership to train young scientists STANFORD UNIVERSITY PO BOX 44253 SAN FRANCISCO CA 941444253 941156365 501(c)3 163846 0 Participant support; academic partnership to train young scientists. CALIFORNIA INSTITUTE OF TECHNOLOGY 1200 E CALIFORNIA BLVD PASADENA CA 91125 951643307 501(c)3 143031 0 Participant support; academic partnership to train young scientists UNIVERSITY OF ILLINOIS 1901 SOUTH FIRST ST A CHAMPAIGN IL 618207406 376000511 501(c)3 105867 0 Participant support; academic partnership to train young scientists ARIZONA STATE UNIVERSITY PO BOX 873503 TEMPE AZ 852873503 860196696 501(c)3 97022 0 Participant support; academic partnership to train young scientists UNIVERSITY OF ALABAMA AT BIRMINGHAM UNIVERSITY STATION BIRMINGHAM AL 35294 636005396 501(c)3 81462 0 Participant support; academic partnership to train young scientists NORTWESTERN UNIVERSITY 633 CLARK ST RM G547 EVANSTON IL 602081112 362167817 501(c)3 75425 0 Participant support; academic partnership to train young scientists PRINCETON UNIVERSITY OFFICE OF RESEARCH AND PROJECT ADM 4 NEW SOUTH BLDG PO BOX 36 PRINCETON NJ 08544 210634501 501(c)3 68427 0 Participant support; academic partnership to train young scientists WASHINGTON UNIVERSITY IN ST LOUIS 700 ROSEDALE AVE ST LOUIS MO 631121408 430653611 501(c)3 46207 0 Participant support; academic partnership to train young scientists THE UNIVERSITY OF ARIZONA PO BOX 3520 TUCSON AZ 857223520 742652689 501(c)3 42289 0 Participant support; academic partnership to train young scientists UNIVERSITY OF CHICAGO 5801 S ELLIS AVE CHICAGO IL 60637 362177139 501(c)3 40011 0 Participant support; academic partnership to train young scientists YALE UNIVERSITY PO Box 208239 NEW HAVEN CT 065208239 060646973 501(c)3 37558 0 Participant support; academic partnership to train young scientists FLORIDA INTERNATIONAL UNIVERSITY 11200 SW 8th Street MIAMI FL 33199 650177616 501(c)3 22799 0 Participant support; academic partnership to train young scientists OHIO STATE UNIVERSITY OFFICE OF SPONSORED RESEARCJ 1960 KENNY RD COLUMBUS OH 432101003 316025986 501(c)3 17612 0 Participant support; academic partnership to train young scientists UNIVERSITY OF TEXAS AT AUSTIN 601 Colorado Street AUSTIN TX 787012982 746000203 501(c)3 13057 0 Participant support; academic partnership to train young scientists 15 0 Fellowship 68 3453456 SchI_P01_S00_L02 Schedule I, Part I, Line 2 As a research institution, Carnegie provides fellows with the opportunity to pursue independent research and the training to acquire the additional skills and expertise needed to become a successful scientist. Carnegie monitors the fellowship experience to achieve both objectives. Fellows pursue their research program relatively independently but have full access to Carnegie facilities and staff members and typically perform their experiments and scientific work on-site and in collaboration with other Carnegie scientists. Fellows in the biological sciences apply to Carnegie mainly to learn the research techniques and research areas of a particular Carnegie staff scientist, that is, to work in that principal investigator's (PI) lab. Labs routinely engage a number of different people, including a PI, technicians, postdoctoral scientists, and researchers. The PI monitors the work of the fellow on an ongoing basis, critiques the fellows' research, makes suggestions for avenues to explore, and provides ongoing mentoring. Fellows in the physical sciences typically collaborate with a senior staff member on research projects. This provides an ongoing vehicle for monitoring and supporting the work of the fellow. Fellows are asked to present and defend their research to other scientists both at Carnegie and at other institutions. This process helps to monitor a fellows' scientific progress and permits adjustments as necessary. Carnegie's various administrative and research policies apply to fellows. In Carnegie's structure, department directors are responsible for assuring that fellows follow these procedures and carry out the research supported through externally or internally-funded fellowships. X X 0 0 0 0 0 0 0 0 0 Richard Meserve 455059 0 0 0 0 0 0 0 57187 0 512246 0 0 0 Gary Kowalczyk 198896 0 0 0 0 0 0 0 37722 0 236618 0 0 0 Lisa Klow 51557 0 0 0 0 0 0 0 16719 0 68276 0 0 0 Russel Hemley 235990 0 0 0 0 0 0 0 51881 0 287871 0 0 0 Sean Solomon 225271 0 0 0 0 0 0 0 53454 0 278725 0 0 0 Wendy Freedman 229632 0 0 0 0 0 0 0 38325 0 267957 0 0 0 Wolf Frommer 214403 0 0 0 0 0 0 0 44682 0 259085 0 0 0 Christopher Field 226284 0 0 0 0 0 0 0 51490 0 277774 0 0 0 Ken Caldeira 244037 0 0 0 0 0 0 0 41110 0 285147 0 0 0 Ho Kwang Mao 221423 0 0 0 0 0 0 0 49917 0 271340 0 0 0 Erik Hauri 180168 0 0 0 0 0 0 0 28226 0 208394 0 0 0 Ronald Cohen 176939 0 0 0 0 0 0 0 30594 0 207533 0 0 0 Patrick McCarthy 177335 0 0 0 0 0 0 0 35178 0 212513 0 0 0 Joseph Gall 179877 0 0 0 0 0 0 0 40573 0 220450 0 0 0 Steve Shectman 178761 0 0 0 0 0 0 0 37788 0 216549 0 0 0 Mark Phillips 167502 0 0 0 0 0 0 0 44222 0 211724 0 0 0 Seung Rhee 154874 0 0 0 0 0 0 0 21588 0 176462 0 0 0 SchJ_P02_S00_L00 Schedule J, Part II See Statement 6 Maryland Health & Higher Educational Facilities Authority (MHHEFA) on behalf of Carnegie Institution of Washington 520936091 574217JB2 2010-02-04 30580000 Refund prior MHHEFA bonds issued to construct & equip new facility for Carnegie's Dept of Embryology 1 0 California Educational Facilities Authority (CEFA) on behalf of Carnegie Institution of Washington 521705592 130178VS2 2010-03-24 34525000 Refund prior CEFA bonds issued to finance telescope proj and renovate facilities at Dept of OBS. 0 0 30505440 9882 553594 30000000 2005 1 0 1 1 36365183 16846 565183 35800000 2003 1 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 Merit Energy Company Trustee, William Gayden 1865314 Contributions to Merit Investment Fund G 0 X 5 77934 FMV X 1 21152 FMV 0 1 1 SchM_P01_S00_L32b Schedule M, Part I, Line 32b The organization uses its custodial bank, State Street, to process and sell stock contributions received from donors. F990_P06_S0B_L11 Form 990, Part VI, Section B, Line 11 The entire Board received a copy of the proposed filing by electronic means before it was submitted to the IRS. Any individual Board member who wished to make a comment concerning the filing provided comments to the Chair of the Audit Committee and the President prior to the filing. The Audit Committee reviewed the proposed filing in two steps. First, prior to the filing, the Committee received the form for detailed review and discussed the submission at a meeting of the Audit Committee. The Committee was asked, in particular, to review key governance and policy responses to assure the information accurately describes the Board's governance and fiduciary responsibilities. Any comments from the Committee were provided to the President so that any necessary revisions could be made. Second, within six months after the filing, the Audit Committee will provide the full board with any recommendations for future changes to the Form 990 submission and/or the Institution's policies or procedures. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Each year the Board of Trustees and key officers receive a conflict of interest package to complete that includes the Institution's policy, an updated list of organizations through which the Institution invests, and other information. Individuals receiving the package are required to respond by completing a signed, dated form. All conflicts of interest forms are collected by the Assistant Secretary to the Board and provided to the Director, Administration and Finance. The Director, Administration and Finance, consults with the Institution's outside counsel concerning any issues and required follow-up resulting from the review. Required actions are fact specific. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Employee Affairs Committee of the Board of Trustees annually conducts a review of the compensation of the President and the Director, Administration and Finance. The review includes comparability data prepared by the Manager of Human Resources and Insurance. The results of the review are documented in the minutes of the meeting of the Committee. Both were reviewed in 2010. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The governing documents, audited financial statements, and employee conflict of interest policy are available on our website www.ciw.edu. The trustee conflict of interest policy is available upon written request. SchK_P02_S00_L07 Schedule K, Part II, Line 7 MARYLAND HEALTH AND HIGHER EDUCATION FACILITIES AUTHORITY(MHHEFA), on behalf of Carnegie. This issue was used to refund prior MHHEFA bonds of $30 million issued in October, 2002, the proceeds of which were used to construct and equip a new facility for Carnegie's Department of Embryology on the Johns Hopkins Homewood Campus in Baltimore, Maryland. Construction began in April 2003 and the facility was occupied in September 2005. The 2010 series was issued at a discount of $74,561 and amounts borrowed in excess of $30 million were used to cover issuance costs. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY (CEFA), on behalf of Carnegie. This issue was used to refund $17.5 million of 1993 Series B California Educational Facilities Authority Revenue tax exempt bonds and $18.3 million of 2006 Series A CEFA Refunding Revenue tax-exempt bonds which refunded all outstanding 1993 Series A California Educational Facilities Authority Revenue tax exempt bonds. 1993 Series A & B bonds were used to finance the Magellan telescope project and the renovation of the facilities of the Observatories at Pasadena. The telescope project was completed in 2003. The 2010 Series was issued at a premium of $1,840,183 and amounts in exess of $35.8 million were used to cover issuance costs.