CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACE: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACE (EIN 13-0552040)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2011-11-09
- IRS object ID
- 201113139349302341
- Schema version
- 2010v3.4
- 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 F
- Schedule J
- Schedule K
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-11-09T15:18:31-06:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM MCGLADREY INC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8000 TOWERS CRESCENT DR STE 500 | AddressLine1 |
| City | VIENNA | City |
| State | VA | State |
| ZIP Code | 221826205 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 130552040 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CARN | NameControl |
| Phone | 2024837600 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1779 MASSACHUSETTS AVE NW | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 20036 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PAUL BALARAN | Name |
| Title | EXECUTIVE VP AND SECRETARY | Title |
| Phone | 2024837600 | Phone |
| Date Signed | 2011-11-08 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES P SWEENEY CPA | Name |
| Phone | 7033366400 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JESSICA T MATHEWS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1779 MASSACHUSETTS AVE NW | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 20036 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 47122969 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.CARNEGIEENDOWMENT.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1929 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | THE CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACE IS A PRIVATE, NONPROFIT ORGRANIZATION DEDICATED TO ADVANCING COOPERATION AMONG NATIONS AND PROMOTING ACTIVE INTERNATIONAL ENGAGEMENT BY THE UNITED STATES. ITS WORK IS NONPARTISAN AND DEDICATED TO ACHIEVING PRACTICAL RESULTS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 26 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 24 | NbrIndependentVotingMembers |
| Total Nbr Employees | 124 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | -241366 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -243491 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 7766473 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 7379598 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 2402768 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 2322637 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 6366336 | InvestmentIncomePriorYear |
| Investment Income Current Year | 11208772 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 34941 | OtherRevenuePriorYear |
| Other Revenue Current Year | 5391 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 16570518 | TotalRevenuePriorYear |
| Total Revenue Current Year | 20916398 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 778109 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 335000 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 12104304 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 13627282 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 966763 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 11509552 | OtherExpensePriorYear |
| Other Expenses Current Year | 14327428 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 24391965 | TotalExpensesPriorYear |
| Total Expenses Current Year | 28289710 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -7821447 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -7373312 | RevenuesLessExpensesCY |
| Total Assets BOY | 271868904 | TotalAssetsBOY |
| Total Assets EOY | 299082246 | TotalAssetsEOY |
| Total Liabilities BOY | 47584631 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 46480867 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 224284273 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 252601379 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACE IS A PRIVATE, NONPROFIT ORGANIZATION DEDICATED TO ADVANCING COOPERATION AMONG NATIONS AND PROMOTING ACTIVE INTERNATIONAL ENGAGEMENT BY THE UNITED STATES. FOUNDED IN 1910, ITS WORK IS NONPARTISAN AND DEDICATED TO ACHIEVING PRACTICAL RESULTS.THE ENDOWMENT - CURRENTLY PIONEERING THE FIRST GLOBAL THINK TANK - HAS OPERATIONS IN CHINA, THE MIDDLE EAST, RUSSIA, EUROPE, AND THE UNITED STATES. THESE FIVE LOCATIONS INCLUDE THE CENTERS OF WORLD GOVERNANCE AND THE PLACES WHOSE POLITICAL EVOLUTION AND INTERNATIONAL POLICIES WILL MOST DETERMINE THE NEAR-TERM POSSIBILITIES FOR INTERNATIONAL PEACE AND ECONOMIC ADVANCE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 6236810 | Expense |
| Revenue | 283149 | Revenue |
| Description | GLOBAL POLICY PROGRAM - PROGRAM FOCUSES ON IMPROVING UNDERSTANDING OF GLOBALIZATION AND IDENTIFYING PRODUCTIVE CHANNELS OF RESPONSE AT ALL LEVELS TO INCREASE THE POSSIBILITY THAT GLOBALIZATION WILL ULTIMATELY UNIFY MORE THAN DIVIDE.RESEARCH PROJECTS SPAN MANY AREAS, INCLUDING DEMOCRACY AND THE RULE OF LAW, THE MIDDLE EAST, NONPROLIFERATION, SOUTH ASIA, INTERNATIONAL ECONOMICS, THE U.S. ROLE IN THE WORLD AND ENERGY AND CLIMATE. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 5505800 | Expense |
| Revenue | 16137 | Revenue |
| Description | RUSSIA EURASIA MOSCOW - PROGRAM IS DEDICATED TO PROMOTING INTELLECTUALCOLLABORATION AMONG SCHOLARS AND SPECIALISTS IN THE UNITED STATES, RUSSIA, AND OTHER SUCCESSOR STATES OF THE SOVIET UNION. THE ASSOCIATES CONDUCT AN ACTIVE PROGRAM OF RESEARCH, DISCUSSION, AND PUBLICATION ON SEVERAL THEMES, INCLUDING: POST-SOVIET ECONOMIES IN TRANSITION, RELIGION, SOCIETY AND SECURITY, FOREIGN AND SECURITY POLICY, RUSSIAN DOMESTIC POLITICS, AND NUCLEAR NONPROLIFERATION. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3476301 | Expense |
| Revenue | 27303 | Revenue |
| Description | MIDDLE EAST - PROGRAM COMBINES IN-DEPTH LOCAL KNOWLEDGE WITH INCISIVE COMPARATIVE ANALYSIS TO EXAMINE ECONOMIC, SOCIO-POLITICAL, AND STRATEGIC INTERESTS IN THE ARAB WORLD. THROUGH DETAILED COUNTRY STUDIES AND THE EXPLORATION OF KEY CROSS-CUTTING THEMES, THE PROGRAM PROVIDES ANALYSIS AND RECOMMENDATIONS IN BOTH ENGLISH AND ARABIC THAT ARE DEEPLY INFORMED BY KNOWLEDGE AND VIEWS FROM THE REGION. THE PROGRAM HAS SPECIAL EXPERTISE IN POLITICAL REFORM AND ISLAMIST PARTICIPATION IN PLURALISTIC POLITICS THROUGHOUT THE REGION. | Description |
Activity Other ActivityOther (4 entries)
| ExpenseExpense | GrantsGrants | RevenueRevenue | DescriptionDescription |
|---|---|---|---|
| 2522906 | 335000 | 120629 | ASIA - PROGRAM'S RESEARCH SPANS CHINA'S INTERNATIONAL RELATIONS, ITS INTERNAL POLITICAL GOVERNANCE, MACROECONOMIC RELATIONS, MACROECONOMIC MANAGEMENT, REGIONAL ECONOMIC DEVELOPMENT AND CRISIS MANAGEMENT IN U.S.-CHINA RELATIONS. |
| 1232250 | EUROPE | ||
| 335300 | 221436 | CONFERENCE CENTER | |
| 1653983 | BUILDING |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 4090456 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 335000 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 1996048 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 19309367 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 1 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 1 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | 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 | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | 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 | 78 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 124 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | BE | NameOfForeignCountry |
| Name Of Foreign Country | LE | NameOfForeignCountry |
| Name Of Foreign Country | RS | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| 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 | 26 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 24 | 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 | 1 | LocalChapters |
| Policies Reference Chapters | 1 | PoliciesReferenceChapters |
| 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 |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | DC | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | FL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MD | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NJ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OK | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | VA | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PAUL BALARAN EXECUTIVE VICE PRESIDENT | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2029392223 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1779 MASSACHUSETTS AVE NW | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 20036 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (36 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| RICHARD GIORDANO | ||||||||
| TRUSTEE | 5.00 | X | 0 | 0 | 0 | |||
| STEPHEN R LEWIS JR | ||||||||
| TRUSTEE | 2.00 | X | 529 | 0 | 0 | |||
| KOFI A ANNAN | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| WILLIAM BRADLEY | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| GREGORY CRAIG | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| WILLIAM H DONALDSON | ||||||||
| TRUSTEE | 0.50 | X | 1817 | 0 | 0 | |||
| MOHAMED A EL-ERIAN | ||||||||
| TRUSTEE | 0.60 | X | 0 | 0 | 0 | |||
| HARVEY V FINEBERG | ||||||||
| TRUSTEE | 0.60 | X | 0 | 0 | 0 | |||
| DONALD V FITES | ||||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |||
| CHAS W FREEMAN JR | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| JAMES C GAITHER | ||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||
| WILLIAM W GEORGE | ||||||||
| TRUSTEE | 3.00 | X | 0 | 0 | 0 | |||
| PATRICIA HOUSE | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| LINDA MASON | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| ZANNY MINTON BEDDOES | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| RAYMOND MCGUIRE | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| SUNIL BHARTI MITTAL | ||||||||
| TRUSTEE | 0.40 | X | 0 | 0 | 0 | |||
| CATHERINE JAMES PAGLIA | ||||||||
| TRUSTEE | 0.80 | X | 0 | 0 | 0 | |||
| W TAYLOR REVELEY III | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| J STAPLETON ROY | ||||||||
| TRUSTEE | 0.40 | X | 100 | 0 | 0 | |||
| VANESSA RUIZ | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| ASO O TAVITIAN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| SHIRLEY TILGHMAN | ||||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |||
| ROHAN S WEERASINGHE | ||||||||
| TRUSTEE | 0.60 | X | 0 | 0 | 0 | |||
| JESSICA T MATHEWS | ||||||||
| PRESIDENT | 40.00 | X | 502706 | 0 | 42123 | X | ||
| PAUL BALARAN | ||||||||
| EXECUTIVE VP & SECRETARY | 40.00 | X | 266291 | 0 | 52663 | X | ||
| GEORGE PERKOVICH | ||||||||
| VP OF STUDIES | 40.00 | 239758 | 0 | 45314 | X | |||
| THOMAS CAROTHERS | ||||||||
| VP OF STUDIES | 40.00 | 236459 | 0 | 35213 | X | |||
| DOUGLAS PAAL | ||||||||
| VP OF STUDIES | 40.00 | 194175 | 0 | 32976 | X | |||
| PETER REID | ||||||||
| VP OF COMMUNICATIONS | 40.00 | 149379 | 0 | 23932 | X | |||
| PAUL HAENLE | ||||||||
| DIRECTOR | 40.00 | 270008 | 0 | 16005 | X | |||
| ASHLEY TELLIS | ||||||||
| SR. ASSOCIATE | 40.00 | 163437 | 0 | 41657 | X | |||
| PAUL SALEM | ||||||||
| DIRECTOR | 40.00 | 162987 | 0 | 26673 | X | |||
| URI DADUSH | ||||||||
| SR. ASSOCIATE | 40.00 | 159311 | 0 | 21075 | X | |||
| MARTHA OLCOTT | ||||||||
| SR. ASSOCIATE | 40.00 | 155174 | 0 | 22782 | X | |||
| KATHLEEN GERARD | ||||||||
| FORMER VP OF EXTERNAL AFFAIRS | 40.00 | 183455 | 0 | 25133 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2685586 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 385546 | TotalOtherCompensation |
| Number Individuals GT100 K | 24 | 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 | Address Line1AddressOfContractor/AddressForeign/AddressLine1 | CityAddressOfContractor/AddressForeign/City | CountryAddressOfContractor/AddressForeign/Country |
|---|---|---|---|---|---|---|---|---|
| INVESTURE | ||||||||
| 222 SOUTH STREET | CHARLOTTESVILLE | VA | 22902 | INVESTMENT MANAGEMENT | 909094 | |||
| MATRIX GROUP INTERNATIONAL | ||||||||
| PO BOX 25904 | ALEXANDRIA | VA | 22313 | WEBSITE HOSTING & MAINTENANCE | 185834 | |||
| M2 CONSTRUCTION LLC | ||||||||
| 704 SOUTH KING STREET | LEESBURG | VA | 20175 | BUILDING CONSTRUCTION & MAINTENANCE | 151442 | |||
| ARIEL E LEVITE | ||||||||
| CONSULTING SERVICES | 128819 | PO BOX 5032 | RAMAT-HA SHARON | IS | ||||
| FOLEY HOAG LLP | ||||||||
| 155 SEAPORT BLVD | BOSTON | MA | 02210 | LEGAL SERVICES | 120984 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 8 | NumberOfContractorsGT100K |
| Government Grants | 175000 | GovernmentGrants |
| All Other Contributions | 7204598 | AllOtherContributions |
| Noncash Contributions | 2214 | NoncashContributions |
| Total Contributions | 7379598 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| RENTAL INCOME | 532000 | 1875418 | 1875418 |
| GOVERNMENT PROJECTS | 900099 | 248361 | 248361 |
| MEETING FEES | 900099 | 147108 | 147108 |
| PUBLICATION | 900099 | 51750 | 51750 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2322637 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1749110 | TotalRevenueColumn |
| Unrelated Business Revenue | -241366 | UnrelatedBusinessRevenue |
| Exclusion | $1,990,476 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 35666233 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 26206571 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 9459662 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 9459662 | TotalRevenueColumn |
| Exclusion | $9,459,662 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER REVENUE | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 5391 | TotalRevenueColumn |
| Exclusion | $5,391 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 5391 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 20916398 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2322637 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -241366 | UnrelatedBusinessRevenue |
| Exclusion | $11,455,529 | ExclusionAmount |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 335000 | Total |
| Program Services | 335000 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1684863 | Total |
| Program Services | 464099 | ProgramServices |
| Management And General | 917965 | ManagementAndGeneral |
| Fundraising | 302799 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8955074 | Total |
| Program Services | 6518142 | ProgramServices |
| Management And General | 2142558 | ManagementAndGeneral |
| Fundraising | 294374 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 691679 | Total |
| Program Services | 445488 | ProgramServices |
| Management And General | 229688 | ManagementAndGeneral |
| Fundraising | 16503 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1747034 | Total |
| Program Services | 1131787 | ProgramServices |
| Management And General | 586921 | ManagementAndGeneral |
| Fundraising | 28326 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 548632 | Total |
| Program Services | 347047 | ProgramServices |
| Management And General | 174891 | ManagementAndGeneral |
| Fundraising | 26694 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 173540 | Total |
| Program Services | 91973 | ProgramServices |
| Management And General | 81567 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 125470 | Total |
| Program Services | 35740 | ProgramServices |
| Management And General | 89730 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 867593 | Total |
| Management And General | 867593 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2461413 | Total |
| Program Services | 1958191 | ProgramServices |
| Management And General | 496397 | ManagementAndGeneral |
| Fundraising | 6825 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 761775 | Total |
| Program Services | 467899 | ProgramServices |
| Management And General | 284122 | ManagementAndGeneral |
| Fundraising | 9754 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2411380 | Total |
| Program Services | 1852770 | ProgramServices |
| Management And General | 470009 | ManagementAndGeneral |
| Fundraising | 88601 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2466896 | Total |
| Program Services | 2239341 | ProgramServices |
| Management And General | 227555 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 855561 | Total |
| Program Services | 640096 | ProgramServices |
| Management And General | 214422 | ManagementAndGeneral |
| Fundraising | 1043 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1715100 | Total |
| Program Services | 1139780 | ProgramServices |
| Management And General | 484069 | ManagementAndGeneral |
| Fundraising | 91251 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 750221 | Total |
| Program Services | 532127 | ProgramServices |
| Management And General | 176380 | ManagementAndGeneral |
| Fundraising | 41714 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 102443 | Total |
| Program Services | 942 | ProgramServices |
| Management And General | 101501 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| PRINTING & PUBLICATIONS | 893187 | 773596 | 71309 | 48282 |
| OTHER EXPENSES | 640130 | 262808 | 372440 | 4882 |
| EQUIPMENT RENTAL & MAIN | 102719 | 72541 | 24463 | 5715 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28289710 | Total |
| Program Services | 19309367 | ProgramServices |
| Management And General | 8013580 | ManagementAndGeneral |
| Fundraising | 966763 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 468152 | BOY |
| EOY | 859795 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1284558 | BOY |
| EOY | 2167382 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8431727 | BOY |
| EOY | 6264861 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 737997 | BOY |
| EOY | 875431 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 781213 | BOY |
| EOY | 987220 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 33735255 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 7979801 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25953894 | BOY |
| EOY | 25755454 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27854438 | BOY |
| EOY | 24250198 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 205612933 | BOY |
| EOY | 237121652 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 743992 | BOY |
| EOY | 800253 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 271868904 | BOY |
| EOY | 299082246 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1987310 | BOY |
| EOY | 2755079 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33250000 | BOY |
| EOY | 33250000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4953547 | BOY |
| EOY | 4703245 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7393774 | BOY |
| EOY | 5772543 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47584631 | BOY |
| EOY | 46480867 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 190247479 | BOY |
| EOY | 0 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23536794 | BOY |
| EOY | 242101379 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10500000 | BOY |
| EOY | 10500000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 224284273 | BOY |
| EOY | 252601379 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 271868904 | BOY |
| EOY | 299082246 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -7373312 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 35690418 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| 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 | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 21401066 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 9228945 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 7862047 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 7766473 | CurrentTaxYearMinus1Year |
| Current Tax Year | 7379598 | CurrentTaxYear |
| Total | 53638129 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 21401066 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 9228945 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 7862047 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 7766473 | CurrentTaxYearMinus1Year |
| Current Tax Year | 7379598 | CurrentTaxYear |
| Total | 53638129 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 21007258 | AmountsSubstContributorsTotal |
| Public Support Total170 | 32630871 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1651775 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1283505 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1147111 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1347583 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1749110 | CurrentTaxYear |
| Total | 7179084 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 20755 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 87818 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 14719 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 34941 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5391 | CurrentTaxYear |
| Total | 163624 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 60980837 | TotalSupport |
| Gross Receipts From Admissions Etc | 14886098 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.53510 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.55490 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
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
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 200832479 | BeginningOfYearBalance |
| Contributions | 2328478 | Contributions |
| Investment Earnings Or Losses | 42310294 | InvestmentEarningsOrLosses |
| Other Expenditures | 13715142 | OtherExpenditures |
| End Of Year Balance | 231756109 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 181235174 | BeginningOfYearBalance |
| Contributions | 2497710 | Contributions |
| Investment Earnings Or Losses | 33407703 | InvestmentEarningsOrLosses |
| Other Expenditures | 16308108 | OtherExpenditures |
| End Of Year Balance | 200832479 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 233737027 | BeginningOfYearBalance |
| Contributions | 4268226 | Contributions |
| Investment Earnings Or Losses | -38999151 | InvestmentEarningsOrLosses |
| Other Expenditures | 17770928 | OtherExpenditures |
| End Of Year Balance | 181235174 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 0.04530 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.95470 | 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 | 6374592 | OtherCostOrOtherBasis |
| Book Value | 6374592 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 24189802 | OtherCostOrOtherBasis |
| Depreciation | 5602565 | Depreciation |
| Book Value | 18587237 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 96925 | OtherCostOrOtherBasis |
| Depreciation | 21000 | Depreciation |
| Book Value | 75925 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3073936 | OtherCostOrOtherBasis |
| Depreciation | 2356236 | Depreciation |
| Book Value | 717700 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 25755454 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (13 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| INVESTURE EMERGING MARKET FUND | 15345884 | F |
| CONVEXITY | 10730198 | F |
| INVESTURE ALTERNATIVE FUND | 59020655 | F |
| ACACIA CREDIT FUND 10-B LLC | 1341873 | F |
| ACACIA CREDIT FUND 10-A LLC | 1027272 | F |
| ACACIA CREDIT FUND 9-A LLC | 187674 | F |
| TIFF V-US, LP | 1554992 | F |
| INVESTURE GLOBAL EQUITY FUND | 71940542 | F |
| INVESTURE PRIVATE PARTNERSHIP II | 8479366 | F |
| INVESTURE PRIVATE PARTNERSHIP III | 19580766 | F |
| INVESTURE EVERGREEN FUND, LP | 41140840 | F |
| INVESTURE GLOBAL EQUITY FUND - MARKETABLE | 3668585 | F |
| CASH EQUIVALENTS | 3103005 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 237121652 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| TENANT LIABILITIES | $34,630 |
| BOND INTEREST PAYABLE | $103,348 |
| TENANT DEPOSITS | $79,808 |
| INTEREST RATE SWAP LIABILITY | $5,554,757 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 5772543 | TotalOfAmounts |
| Total Revenue | 20916398 | TotalRevenue |
| Total Expenses | 28289710 | TotalExpenses |
| Excess Or Deficit For Year | -7373312 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 34007970 | NetUnrealizedGLOnInvestments |
| Other | $1,682,448 | OtherAmount |
| Total Adjustments | 35690418 | TotalAdjustments |
| Excess Or Deficit Per FS | 28317106 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 55739223 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 34007970 | NetUnrealizedGainsInvestments |
| Other Revenues | 1682448 | OtherRevenues |
| Revenue Not Rptd F990 | 35690418 | RevenueNotRptdF990 |
| Revenue Subtotal | 20048805 | RevenueSubtotal |
| Investment Expenses Not Included | 867593 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 867593 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 20916398 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 27422117 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 27422117 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 867593 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 867593 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 28289710 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | ON SEPTEMBER 17, 2010, THE STATE OF NEW YORK ENACTED THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT. THE ENDOWMENT IS SUBJECT TO THE ENACTED VERSION OF NEW YORK UPMIFA (NYPMIFA). THE BOARD OF TRUSTEES HAS INTERPRETED NYPMIFA AS REQUIRING PERMANENTLY RESTRICTED NET ASSETS TO INCLUDE THE ORIGINAL VALUE OF THE GIFTS DONATED AND ADDITIONS MADE TO THE PERMANENT ENDOWMENT IN ACCORDANCE WITH THE DONOR GIFT INSTRUMENT. THE REMAINING PORTION OF THE ENDOWMENT THAT IS NOT CLASSIFIED AS PERMANENTLY RESTRICTED NET ASSETS IS AS CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE IN A MANNER CONSISTENT WITH THE DONOR GIFT INSTRUMENTS AND THE STANDARD OF PRUDENCE PRESCRIBED BY NYPMIFA. THE ENDOWMENT MAINTAINS A $10 MILLION PERMANENTLY RESTRICTED FUND CONSISTING OF THE ORIGINAL SUMS RECEIVED FROM ANDREW CARNEGIE AND ACCUMULATED INCOME THEREON. THE TERMS OF THE GIFT INSTRUMENT STIPULATED THAT PRINCIPAL MAY NEVER BE EXPENDED BUT THE INCOME IS EXPENDABLE. THE ORIGINAL SUMS RECEIVED WERE REPORTED AS PERMANENTLY RESTRICTED AND ACCUMULATED INCOME HAS BEEN REPORTED AS UNRESTRICTED NET ASSETS. AS A RESULT OF THE ADOPTION OF NYPMIFA, THE ENDOWMENT HAS RECLASSIFIED $221,057,619 OF ACCUMULATED INCOME FROM UNRESTRICTED NET ASSETS TO TEMPORARILY RESTRICTED NET ASSETS AS WELL AS RECLASSIFIED THOSE FUNDS FROM BOARD DESIGNATED TO DONOR RESTRICTED ENDOWMENT FUNDS. APPROPRIATIONS FROM THE ENDOWMENT FUNDS ARE NOT AVAILABLE FOR EXPENDITURE UNTIL THE ANNUAL BUDGET HAS BEEN APPROVED. APPROPRIATIONS MUST FURTHER PROGRAMMATIC GOALS, ADHERE TO THE TERMS OF THE DONOR'S GIFT INSTRUMENT, AND THE STANDARD OF PRUDENCE PRESCRIBED BY NYPMIFA. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE ENDOWMENT IS EXEMPT FROM FEDERAL INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE), AND HAS BEEN DESIGNATED BY THE INTERNAL REVENUE SERVICE AS A "PUBLICLY SUPPORTED" ORGANIZATION UNDER SECTION 509(A)(1) OF THE CODE. THE ENDOWMENT ENGAGES IN CERTAIN ACTIVITIES THAT PRODUCE UNRELATED BUSINESS INCOME AS DEFINED BY FEDERAL INCOME TAX REGULATIONS. WHEN TAX RETURNS ARE FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHERS ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD BE ULTIMATELY SUSTAINED. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS TAKEN ARE NOT OFFSET OR AGGREGATED WITH OTHER POSITIONS. TAX POSITIONS THAT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. THE PORTION OF THE BENEFITS ASSOCIATED WITH TAX POSITIONS TAKEN THAT EXCEEDS THE AMOUNT MEASURED AS DESCRIBED ABOVE IS REFLECTED AS A LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING BALANCE SHEET ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. THE ENDOWMENT FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. AS OF JUNE 30, 2011, AND FOR THE YEAR ENDED, THERE WERE NO MATERIAL UNRECOGNIZED/DERECOGNIZED TAX BENEFITS OR TAX PENALTIES OR INTEREST. WITH FEW EXCEPTIONS, THE ENDOWMENT IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2008. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | FAIR VALUE GAIN ON INTEREST RATE SWAP AGREEMENT 1,569,909. FOREIGN CURRENCY EXCHANGE GAIN 112,539. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FAIR VALUE GAIN ON INTEREST RATE SWAP AGREEMENT 1,569,909. FOREIGN CURRENCY EXCHANGE GAIN 112,539. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 1 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (13 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | PROGRAM SERVICES | GLOBAL POLICY PROGRAM | 80 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | PROGRAM SERVICES | ASIA PROGRAM | 710407 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | GRANT MAKING | ASIA PROGRAM | 335000 |
| EAST ASIA AND THE PACIFIC | 1 | 2 | MAINTAINING OFFICE | BEIJING OFFICE | 553903 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | PROGRAM SERVICES | GLOBAL POLICY PROGRAM | 1602779 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 1 | 10 | MAINTAINING OFFICE | BRUSSELS OFFICE | 788179 |
| MIDDLE EAST AND NORTH AFRICA | 0 | 0 | PROGRAM SERVICES | GLOBAL POLICY PROGRAM | 757043 |
| MIDDLE EAST AND NORTH AFRICA | 1 | 12 | MAINTAINING OFFICE | BEIRUT OFFICE | 811236 |
| RUSSIA & THE NEWLY INDEPENDENT STATES | 0 | 0 | PROGRAM SERVICES | RUSSIA EURASIA MOSCOW | 781350 |
| RUSSIA & THE NEWLY INDEPENDENT STATES | 1 | 35 | MAINTAINING OFFICE | MOSCOW OFFICE | 1970828 |
| SOUTH AMERICA | 0 | 0 | PROGRAM SERVICES | GLOBAL POLICY PROGRAM | 13338 |
| SOUTH ASIA | 0 | 0 | PROGRAM SERVICES | GLOBAL POLICY PROGRAM | 68834 |
| SUB-SAHARAN AFRICA | 0 | 0 | PROGRAM SERVICES | GLOBAL POLICY PROGRAM | 1253 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Employees | 24 | SubtotalNumberOfEmployees |
| Cont Number Of Employees | 35 | ContNumberOfEmployees |
| Total Number Of Employees | 59 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 5558627 | SubtotalAmountSpent |
| Cont Amount Spent | 2835603 | ContAmountSpent |
| Total Amount Spent | 8394230 | TotalAmountSpent |
Grants To Orgs Outside US GrantsToOrgsOutsideUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | EAST ASIA AND THE PACIFIC | Region |
| Purpose Of Grant | DEVELOPMENT OF CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACE - TSINGHUA UNIVERSITY SCHOOL OF HUMANITIES AND SOCIAL SCIENCES, CENTER FOR GLOBAL POLICY. | PurposeOfGrant |
| Amount Of Cash Grant | 335000 | AmountOfCashGrant |
| Manner Of Cash Disbursement | WIRE TRANSFER | MannerOfCashDisbursement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of501c3 Orgs | 1 | TotalNumberOf501c3Orgs |
| Total Number Of Other Orgs | 0 | TotalNumberOfOtherOrgs |
| Transfer To Foreign Corp | 1 | 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 |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: | Identifier |
| Explanation | SCHEDULE F, PART I, LINE 2: THE ENDOWMENT MADE ONE GRANT OUTSIDE OF THE UNITED STATES TO THE TSINGHUA UNIVERSITY EDUCATION FOUNDATION TO ESTABLISH AND DEVELOP THE CARNEGIE TSINGHUA CENTER. REPRESENTATIVES FROM THE ENDOWMENT PARTICIPATE IN AT LEAST ONE ANNUAL MEETING OF THE MANAGEMENT COMMITTEE RESPONSIBLE FOR PROJECT PLANNING, DEVELOPMENT STRATEGY, BUDGETARY AND FUNDING ESTIMATES, AND OTHER SUPERVISORY MATTERS. REPRESENTATIVES FROM THE ENDOWMENT AND TSINGHUA EDUCATION FOUNDATION JOINTLY APPROVE ALL EXPENSES TO BE PAID FOR WITH THE GRANT FUNDS PRIOR TO PAYMENT. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Travel For Companions | X | TravelForCompanions |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 1 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JESSICA T MATHEWS | |||||||||||||
| 449142 | 0 | 50000 | 0 | 3564 | 0 | 36750 | 0 | 7529 | 0 | 546985 | 0 | 0 | 0 |
| PAUL BALARAN | |||||||||||||
| 262727 | 0 | 0 | 0 | 3564 | 0 | 36750 | 0 | 18012 | 0 | 321053 | 0 | 0 | 0 |
| GEORGE PERKOVICH | |||||||||||||
| 223516 | 0 | 15000 | 0 | 1242 | 0 | 34800 | 0 | 12471 | 0 | 287029 | 0 | 0 | 0 |
| THOMAS CAROTHERS | |||||||||||||
| 230217 | 0 | 5000 | 0 | 1242 | 0 | 35213 | 0 | 1779 | 0 | 273451 | 0 | 0 | 0 |
| DOUGLAS PAAL | |||||||||||||
| 190611 | 0 | 0 | 0 | 3564 | 0 | 27275 | 0 | 7476 | 0 | 228926 | 0 | 0 | 0 |
| PETER REID | |||||||||||||
| 133839 | 0 | 15000 | 0 | 540 | 0 | 20351 | 0 | 4668 | 0 | 174398 | 0 | 0 | 0 |
| PAUL HAENLE | |||||||||||||
| 259509 | 0 | 10000 | 0 | 499 | 0 | 1941 | 0 | 15460 | 0 | 287409 | 0 | 0 | 0 |
| ASHLEY TELLIS | |||||||||||||
| 162584 | 0 | 0 | 0 | 853 | 0 | 25744 | 0 | 17525 | 0 | 206706 | 0 | 0 | 0 |
| PAUL SALEM | |||||||||||||
| 161840 | 0 | 0 | 0 | 1147 | 0 | 22737 | 0 | 5388 | 0 | 191112 | 0 | 0 | 0 |
| URI DADUSH | |||||||||||||
| 156000 | 0 | 0 | 0 | 3311 | 0 | 21075 | 0 | 1648 | 0 | 182034 | 0 | 0 | 0 |
| MARTHA OLCOTT | |||||||||||||
| 151881 | 0 | 0 | 0 | 3293 | 0 | 22782 | 0 | 1553 | 0 | 179509 | 0 | 0 | 0 |
| KATHLEEN GERARD | |||||||||||||
| 155920 | 0 | 0 | 0 | 27535 | 0 | 19105 | 0 | 6691 | 0 | 209251 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| PART I, LINE 1A | A HOUSING ALLOWANCE WAS PAID TO ONE EMPLOYEE REPORTED ON THE FORM 990 DURING 2010. THE EMPLOYEE WAS AN OFFICER OF CARNEGIE THAT LIVED IN NEW YORK, BUT WORKED AT CARNEGIE'S DC OFFICE. A HOUSING ALLOWANCE WAS PAID TO THE EMPLOYEE FOR A RESIDENCE IN DC DURING THE WEEK. CARNEGIE'S CONSTITUTION AND BY-LAWS STATE THAT THE CORPORATION SHALL REIMBURSE THE TRUSTEES FOR THE EXPENSES OF THEIR SPOUSE IN ACCOMPANYING THEM TO MEETINGS OF THE BOARD OF TRUSTEES. THE HOUSING ALLOWANCE AND TRAVEL FOR COMPANIONS ARE TAXABLE TO THOSE INDIVIDUALS THAT RECEIVE THE BENEFIT. |
| PART I, LINE 4A | THE ORGANIZATION PROVIDES SEVERANCE AT THE INSTITUTION'S DISCRETION BASED ON POSITION AND YEARS OF SERVICE. KATHLEEN GERARD: $25,000. |
| PART I, LINE 7 | DISCRETIONARY BONUSES ARE AWARDED TO EMPLOYEES FOR SUPERIOR PERFORMANCE. THE BONUS AMOUNT FOR THE PRESIDENT IS RECOMMENDED BY THE GOVERNANCE COMMITTEE AND APPROVED BY THE BOARD OF TRUSTEES. OTHER BONUS AMOUNTS ARE RECOMMENDED BY THE PRESIDENT AND APPROVED BY THE GOVERNANCE COMMITTEE OF THE BOARD OF TRUSTEES. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DISTRICT OF COLUMBIA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 536001131 | IssuerEIN |
| CUSIP Number | 254839K92 | CUSIPNumber |
| Date Issued | 2006-05-10 | DateIssued |
| Issue Price | 33250000 | IssuePrice |
| Description Of Purpose | REFUND A PRIOR ISSUANCE OF DC REVENUE BONDS ISSUED MARCH 1, 1996. | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 33250000 | TotalProceeds |
| Issuance Costs From Proceeds | 468642 | IssuanceCostsFromProceeds |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MORGAN STANLEY | BusinessNameLine1 |
| Business Name Line2 | CAPITAL SERVICES | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 36.000000000000 | TermOfHedge |
| Superintegrated Hedge | 0 | SuperintegratedHedge |
| Hedge Terminated | 0 | HedgeTerminated |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ROBERT LEGVOLD | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | ROBERT LEGVOLD WAS A FORMER TRUSTEE | Relationship |
| Amount Of Transaction | 65004 | AmountOfTransaction |
| Description Of Transaction | PAYMENTS WERE FOR HIS SERVICE AS A CONSULTANT TO THE ORGANIZATION AFTER HE VACATED HIS TRUSTEE POSITION. | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | PRIOR TO FILING, THE FORM 990 MUST BE REVIEWED BY SEVERAL DIFFERENT LAYERS WITHIN THE ORGANIZATION AS WELL AS BY THE ORGANIZATION'S EXTERNAL LEGAL COUNSEL. A COPY OF THE DRAFT FORM 990, PREPARED BY RSM MCGLADREY, INC. IS DISTRIBUTED TO ALL MEMBERS OF THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW. A REPRESENTATIVE FROM RSM MCGLADREY, INC. MEETS WITH MEMBERS OF THE AUDIT COMMITTEE AT THE OCTOBER BOARD OF TRUSTEES MEETING TO PROVIDE AN OVERVIEW OF THE ORGANIZATION'S CURRENT YEAR FORM 990. THE CHIEF FINANCIAL OFFICER THEN CLOSELY REVIEWS THE FORM 990 AND AGREES ALL AMOUNTS AND DISCLOSURES REFLECTED ON THE FORM TO THE ORGANIZATION'S BOOKS AND RECORDS. THE DRAFT FORM 990 IS THEN REVIEWED BY THE ORGANIZATION'S EXTERNAL LEGAL COUNSEL. THE EXECUTIVE VICE PRESIDENT PERFORMS A REVIEW OF THE FORM 990 PRIOR TO SIGNING. LASTLY, THE FINAL FORM 990 IS SENT TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO FILING. | |
| THE ORGANIZATION MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REQUIRING THAT ALL MEMBERS OF THE BOARD OF TRUSTEES, OFFICERS, AND KEY EMPLOYEES SUBMIT AN ANNUAL DISCLOSURE FORM INDICATING WHETHER A FAMILY RELATIONSHIP OR A BUSINESS RELATIONSHIP WITH ANY OFFICER, KEY EMPLOYEE, OR TRUSTEE EXISTS. THE TRUSTEES MUST ALSO LIST ALL AFFILIATIONS WITH ORGANIZATIONS IN WHICH THE TRUSTEE OR IMMEDIATE FAMILY IS AN OFFICER, DIRECTOR, TRUSTEE, OR MAJORITY OWNER. THE TRUSTEE MUST DISCLOSE ANY ACTIVITIES THAT ARE IN CONFLICT WITH THE TRUSTEE'S SERVICE TO THE ORGANIZATION. MEMBERS OF THE BOARD OF TRUSTEES SUBMIT THEIR DISCLOSURE FORMS TO THE CHAIRMAN OF THE AUDIT COMMITTEE FOR REVIEW. ANY PROPOSED TRANSACTION IN WHICH A TRUSTEE HAS A CONFLICT OF INTEREST MUST BE APPROVED BY A MAJORITY OF THE MEMBERS OF THE BOARD OF TRUSTEES OR THE APPLICABLE COMMITTEE ENTITLED TO VOTE WITH THE EXCEPTION OF THE TRUSTEE WITH THE CONFLICT. THE OFFICERS AND KEY EMPLOYEES SUBMIT THEIR ANNUAL DISCLOSURE FORMS TO THE CHIEF FINANCIAL OFFICER FOR REVIEW. FOR ALL EMPLOYEES, THE ORGANIZATION REQUIRES THAT EMPLOYEES ANNUALLY REVIEW THE CODE OF ETHICS POLICY THAT CONTAINS THE CONFLICT OF INTEREST POLICY. MANAGEMENT IS REQUIRED TO SUBMIT AN ANNUAL DISCLOSURE FORM OF OUTSIDE AFFILIATES TO THE DIRECTOR OF HUMAN RESOURCES. THE EXECUTIVE VICE PRESIDENT AND DIRECTOR OF HUMAN RESOURCES REVIEW ALL EMPLOYEE DISCLOSURE FORMS. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE COMPENSATION FOR THE ORGANIZATION'S PRESIDENT IS RECOMMENDED ANNUALLY BY THE GOVERNANCE COMMITTEE OF THE BOARD OF TRUSTEES AND IS BASED ON PERFORMANCE AND INDEPENDENT SURVEYS OF COMPENSATION FOR EXECUTIVE OFFICERS WITHIN THE NON-PROFIT INDUSTRY AND COMPARABILITY CHARTS. THE BOARD OF TRUSTEES APPROVES THE PRESIDENT'S ANNUAL COMPENSATION. THE ANNUAL COMPENSATION FOR OFFICERS IS RECOMMENDED BY THE ORGANIZATION'S PRESIDENT TO THE GOVERNANCE COMMITTEE AND IS BASED ON PERFORMANCE AND REVIEW OF COMPARABILITY CHARTS AND INDEPENDENT COMPENSATION SURVEYS FOR MANAGEMENT OF NON-PROFITS. THE GOVERNANCE COMMITTEE CONSIDERS THE RECOMMENDATION AND MAKES REVISIONS IF NECESSARY PRIOR TO RECOMMENDING TO THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES APPROVES THE ANNUAL COMPENSATION FOR OFFICERS. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 34,007,970. FAIR VALUE GAIN ON INTEREST RATE SWAP AGREEMENT 1,569,909. FOREIGN CURRENCY EXCHANGE GAIN 112,539. TOTAL TO FORM 990, PART XI, LINE 5: 35,690,418. | FORM 990, PART XI, LINE 5: |
| THE PROCESS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS HAS BEEN CONSISTENT WITH PRIOR YEARS. | FORM 990, PART XII, LINE 2C |