2011-04-13T12:05:50-05:00 2010-06-30 RAFFA PC 1899 L STREET NW SUITE 900 WASHINGTON DC 20036 990 2009-07-01 530196577 The Brookings Institution BROO 2027976000 1775 Massachusetts Ave NW Washington DC 200362103 Stewart A Uretsky 2027976290 2011-04-13 1 2028225000 2009 2016-02-24 21:20:13Z Strobe Talbott 1775 Massachusetts Ave NW Washington DC 200362103 186029377 0 X www.brookings.edu X 1939 DC ANALYZE POLICY ISSUES AND PRODUCE PRACTICAL NEW IDEAS. 48 46 545 0 -29706 -36896 59262508 53280355 4270337 0 8180168 9525340 3538092 4262673 75251105 67068368 394880 318707 0 46169879 42463080 180000 420000 2744473 41170166 47232948 87914925 90434735 -12663820 -23366367 354809813 360062494 58785120 60732438 296024693 299330056 The Brookings Institution (Brookings) is a private, non-profit, independent public policy research organization. Brookings's mission is to conduct high-quality independent research and, based on that research, to advance innovative, practical recommendations that advance three broad goals: strengthen American democracy; foster the economic and social welfare, security and opportunity of all Americans, and secure a more open, safe, prosperous and cooperative international system. For more than 90 years, Brookings has analyzed current and emerging issues and produced new ideas that matter - for the nation and the world. Research at Brookings is conducted to inform the public debate and provide high-quality, non-partisan analysis on the challenges facing an increasingly interdependent world. 0 0 15667749 318707 Foreign Policy Studies - Helps policymakers and the public address the great challenges facing the United States and the international community in the 21st century. The aim is to improve America's foreign and national security policies, enlighten the public policy debate, and shape the emerging international order in favor of peace, security and human progress. In the past year, foreign policy experts both in Washington and in our foreign centers in Beijing and Doha examined a wide range of topics, including the wars in Afghanistan and Iraq, nuclear non-proliferation, energy security, military technology, Iran, the Middle East, India, the evolving transatlantic relationships, and the changing global role of China. In addition to publishing numerous works of scholarship in FY 2010, scholars in the foreign policy program provided congressional testimony and presided over more than 200 public and private events. 14549372 Economic Studies - analyzes current and emerging economic policy issues in the United States and worldwide. Its research aims to increase the public's understanding of how the economy works and what can be done to make it work better. In the past year, Economic Studies experts examined the current economic crisis and the ensuing recovery, and commented on such diverse issues as health care reform, financial sector regulation, and poverty and inequality in the United States. Economic Studies also produces the Brookings Papers on Economic Activity, the leading source of policy-oriented, empirical research on macroeconomics. In addition to publishing numerous works of scholarship in FY 2010, Economic Studies held 45 events open to the general public, and Economic Studies experts testified eight times before congressional committees and subcommittees. 8445460 Global Economy and Development - examines the opportunities and challenges presented by globalization, which has become a central concern for policymakers, business executives and civil society. Global economy and development experts address the issues surrounding globalization within three key areas: the drivers shaping the global economy, the road out of poverty and the rise of new economic powers. In the past year, the research agenda for the program was centered on coordinated economic stimulus, global financial regulation, reform of international financial institutions and development assistance. In addition to publishing numerous works of scholarship in FY 2010, global economy and development held 29 events open to the general public, and global economy and development experts testified three times before congressional committees, subcommittees and commissions. 7907089 Metropolitan Policy - The Metropolitan Policy program provides decision makers with cutting-edge trend analysis, research and policy ideas that empower metropolitan areas to compete and prosper. The Program believes that future prosperity is dependent on delivering a next economy that is driven by exports, powered by low carbon, fueled by innovation, rich with opportunity, and led by metropolitan areas while simultaneously building smart, sustainable places that embrace demographic and economic change and technological advances. In the past year, the Metropolitan Policy Program continued tracking the nation's economic recovery through its quarterly MetroMonitor reports as well with a major summit on challenges facing auto-dependent communities in the Great Lakes region. In addition, the program released the State of Metropolitan America, a signature report on the transformation of demographic trends in the top 100 metros. Metropolitan Policy experts also examined issues related to exports, infrastructure, transportation, employment and immigration. In addition to publishing numerous works of scholarship in FY 2010, the Metropolitan Policy Program held 14 events open to the general public, and Metropolitan Policy experts provided briefings and testimony over twenty times before White House and agency committees, Congressional committees and subcommittees, and state and local committees. 3603985 Governance Studies - The Governance Studies program brings together people interested in improving the performance of our national government and bettering the economic security, social welfare, and opportunity available to all Americans. In the past year, Governance Studies experts examined the politics behind health care reform and America's economic recovery, and commented on other timely topics, such as the closing of the Guantanamo Bay Detention Center, judicial selection reform, the U.S. educational system, partisan gridlock in legislation and the use of online tools and information technology to increase government efficiency. In addition to publishing numerous works of scholarship in FY 2010, Governance Studies held 48 events open to the general public, and four Governance Studies expert testified before a congressional committee. 2257343 Communications and Web - the communications office disseminates information about Brookings, its scholars and the array of resources that Brookings offers. The office publishes an annual guide to Brookings experts for policymakers and the media for journalists, academics, government officials and other persons interested in contacting Brookings scholars and the Brookings annual report. Communications oversees the commentary and analysis that appear on the Brookings' website located at www.brookings.edu, a key component of outreach and education. 2266406 1888051 Brookings Press - The Brookings press publishes public policy research books from Brookings' own scholars as well as outside authors. The publications provide extensive background and insight on importantpublic policy issues in business, economics, government and international affairs. 1308474 Executive Education - Executive education educates federal, state and local government officials, and corporate executives through its public leadership curriculum. Executive education also advances Brookingsresearch through programs designed to explore critical policy issues in the United States and throughout the world. 352123 Other Research - includes research initiatives of the executive office, Friday policy roundtables, and Cross-program research. Cross-program research efforts include publications and outreach events on the All Brookings Priorities, four areas of research that encompass work from all programs in the Institution on timely and cross-cutting issues such as climate change, growth through innovation, and opportunity and well-being. 17695420 1888051 56358001 1 1 0 0 0 0 1 0 1 1 1 0 0 1 1 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 646 0 1 545 1 1 1 1 QA UK 0 0 0 0 0 0 0 48 46 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA CT IL MA MD MN NJ NY OH PA VA X Stewart A Uretsky 2027976000 1775 Massachusetts Ave NW Washington DC 200362103 Strobe Talbott 40.00 X X 414930 0 55151 John L Thornton 2.00 X X 0 0 0 Joel Z Hyatt 2.00 X 0 0 0 Alan R Batkin 2.00 X 0 0 0 Beatrice W Welters 2.00 X 0 0 0 David F Swensen 2.00 X 0 0 0 Ann M Fudge 2.00 X 0 0 0 Bart Friedman 2.00 X 0 0 0 Robert J Abernethy 2.00 X 0 0 0 Liaquat Ahamed 2.00 X 0 0 0 Dominic Barton 2.00 X 0 0 0 Richard C Blum 2.00 X 0 0 0 Geoffrey T Boisi 2.00 X 0 0 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USA Inc PO Box 44471 San Franciso CA 941444471 Computer technology 4828295 The Squires Group 130 Lubrano Drive Suite 112 Annapolis MD 21401 Technical staffing services 1947480 Kforce Professional Staffing PO Box 277997 Atlanta GA 303847997 Professional staffing 1115762 SODEXHO INC PO Box 536922 Atlanta GA 30353 Dining room serivces 977458 WSCDavis A Joint Venture 12530 Parklawn Drive Rockville MD 20852 Construction 958823 60 2712650 50567705 384542 53280355 2480760 2480760 370175 150293 219882 219882 219882 125415190 118370610 7044580 7044580 7044580 2328157 440106 1888051 1888051 Cafeteria Income 900099 1169713 1169713 Miscellaneous Income 900099 892943 892943 Foreign Currency loss 900099 121790 121790 -29706 -29706 2154740 67068368 1888051 -29706 11929668 318707 318707 4393247 2821671 886431 685145 29976917 23028372 6315396 633149 2791747 2147137 581297 63313 3012932 2306680 628125 78127 2288237 1726016 479079 83142 553059 28563 524496 400767 1377 399390 420000 420000 2430180 2430180 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key people in the public policy world. This contributes to an atmosphere that promotes conversation and interaction. Part V, Line 4: Description of Intended Use of Endowment Funds: Brookings carefully balances its funding to respond to current policy issues as well as undertake long-term research projects. As new challenges emerge, the endowment is used to make new research projects possible, supporting core administrative costs, as well as, scholar-driven research. Part X: Description of Uncertain Tax Positions Under FIN 48: Brookings' management has evaluated its income tax positions for the year ended June 30, 2010, and has determined that Brookings has no material uncertain income tax positions and, accordingly, it has not recognized any liability for unrecognized income tax. Part XI, Line 8 - Other Adjustments: Loss on uncollectible contributions: -848663. Postretirement related changes : 504000. Part XII, Line 2d - Other Adjustments: Cost of goods sold: 440106. Change in value of charitable remainder trust: 135000. Unrealized gain on bonds: 23895. Part XII, Line 4b - Other Adjustments: Logo sales netted to supplies expense: 849. Part XIII, Line 2d - Other Adjustments: Cost of goods sold: 440106. Part XIII, Line 4b - Other Adjustments: Logo sales netted to supplies expense: 849. East Asia and the Pacific 1 3 Program services, maint. offices, emp., agents for conducting activities. Public policy research 718239 Middle East and North Africa 1 7 Program services, main. offices, emp., agents for conducting activities. Public policy research 1379582 2 10 2097821 X X X 0 Community Counselling Service Co LLC Campaign planning 0 0 420000 -420000 420000 -420000 AK AZ AR CA CO CT DC FL GA HI IL KS MA MD MI MN NC ND NJ NM NY OH OK OR PA RI TN WA WV WI VA 1 Fellowship stipend 22 318707 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Brookings does not issue grants to other organizations. Brookings does issue fellowship stipends to individuals. These disbursements are monitored as the individuals are generally residents at Brookings and their work is supervised by their Brookings advisor. X X 1 1 X X X X 1 0 0 0 0 0 0 0 0 Strobe Talbott 413940 0 0 0 990 0 43470 0 11681 0 470081 0 0 0 William J Antholis 249060 0 0 0 156 0 30489 0 14307 0 294012 0 0 0 Frederick L Silbernagel 234553 0 0 0 645 0 28578 0 8889 0 272665 0 0 0 Catherine A Piez 217276 0 0 0 225 0 27000 0 8658 0 253159 0 0 0 Carlos E Pascual 210068 0 0 0 244 0 6380 0 5856 0 222548 0 0 0 Bruce J Katz 261479 0 0 0 345 0 33970 0 20506 0 316300 0 0 0 Martin S Indyk 266008 0 0 0 645 0 33779 0 11066 0 311498 0 0 0 William G Gale 243575 0 0 0 345 0 30687 0 19302 0 293909 0 0 0 Melissa T Skolfield 221083 0 0 0 345 0 27000 0 8262 0 256690 0 0 0 Charlotte E Biern 211108 0 0 0 150 0 11000 0 20429 0 242687 0 0 0 Robert L Faherty 178781 0 0 0 3090 0 22200 0 10828 0 214899 0 0 0 Kemal Dervis 198772 0 0 0 743 0 0 0 588 0 200103 0 0 0 Darrell M West 225189 0 0 0 645 0 27600 0 15335 0 268769 0 0 0 Karen Dynan 178760 0 0 0 66 0 0 0 197 0 179023 0 0 0 Steven Bennett 200208 0 0 0 150 0 24025 0 924 0 225307 0 0 0 Linda Steckley 212121 0 0 0 1877 0 26346 0 15442 0 255786 0 0 0 Mauricio Cardenas 239382 0 15000 0 225 0 6897 0 20184 0 281688 0 0 0 Mark McClellan 189689 0 56952 0 225 0 23909 0 20506 0 291281 0 0 0 Martin Baily 238220 0 23900 0 990 0 25823 0 20506 0 309439 0 0 0 Joachim Roski 243399 0 0 0 225 0 23000 0 19660 0 286284 0 0 0 Lawrence Kocot 220411 0 23800 0 225 0 2300 0 893 0 247629 0 0 0 Isabel V Sawhill 144493 0 0 0 1492 0 17415 0 8036 0 171436 0 0 0 Pietro S Nivola 180349 0 0 0 1905 0 22248 0 8932 0 213434 0 0 0 Part I, Line 1a First class travel not reimburseable by Brookings policy, unless flight length complies with policy and aircraft is two class without business class. The Director of the China Center has terms in his appointment letter that provide an education allowance for his children to be educated in Beijing ($30K per annum). There is also an allowance for housing ($27K per annum). This was a part of the negotiation and agreement on his compensation package. This amount has been included as additional compensation for purpose of tax reporting. The employee is a resident of Beijing and a citizen of Hong Kong. Part I, Line 4a Linda Steckley, Vice President of Development/Secretary received a total severance payment of $34,600 for the year ended June 30, 2010. District of Columbia 536001131 2548394Z3 2009-02-12 39290000 Renovation of existing facilities, acquire new facility and related costs 0 0 38974198 3990594 863272 34486188 0 0 0 1 0 0 1 0 1 0.00000 0.00000 0.00000 1 1 0 0 0 0 0 O'Melveny & Myers LLP Arthur B Culvahouse Jr., Trustee, is the chair of O'Melveny & Myers, LLP 209846 Fees incurred with law firm for services of attorneys other than Mr. Culvahouse in managing legal issues. Mr. Culvahouse, who is also one of 212 equity partners at O'Melveny & Myers, LLP, has instructed the firm to reduce his pro rata share of partner profit distributions by the amount of profits attributable to revenues received from the firm's representation of Brookings. 0 X 2 3500 Fair market value apprai X 15 367992 Fair market value X 5 13050 Fair market vlaue 0 1 0 Form 990, Part VI, Section A, line 2 Edgar Rios, Trustee, and Beatrice W. Welters, Chair, Development Committee, have a business relationship during the period of this return. Ms. Welters was a voting member during calendar year 2009 and resigned from the board in March 2010. Form 990, Part VI, Section A, line 4 The Bylaws were amended in the 2010 fiscal year by revising Section 7.08 related to the Compensation Committee. The total number of at-large elected trustees increased from one to three, bringing the total number of members on the Compensation Committee to five. Form 990, Part VI, Section B, line 11 The Executive Committee of the Board of Trustees has appointed the audit committee of the board as the responsible board party for reviewing the Form 990 and 990-T each year starting with the fiscal year ended June 30, 2009. Once the form has been completed it is reviewed internally by the President, the Chief Financial Officer, the Controller, General Counsel and other members of the senior staff, along with the Audit Committee. Once those reviews are completed and the form 990 and 990-T has been approved, it is sent to all voting members of the Board of Trustees before it is filed with the Internal Revenue Service. Form 990, Part VI, Section B, line 12c Each year, all Brookings personnel and certain affiliates are required to complete a disclosure and acknowledgment form related to the institution's conflict of interest policy. Specifically, all employees are required to acknowledge that they have read, understood and are committed to abiding by Brookings' conflict of interest policy as well as certain other institutional policies. However, scholars, officers and financial and administrative personnel are additionally required to disclose any potential conflicts of interest. All forms are submitted to the office of the General Counsel, which reviews them and has discretion to make recommendations or raise concerns with affected individuals as appropriate. The Trustee conflict of interest policy is enforced similarly. Each year the board coordinator distributes the trustee conflict of interest policy and annual acknowledgment form to the Brookings trustees. The board coordinator then ensures that each trustee returns his or her acknowledgment and reviews the forms for any relevant conflicts of interest. The board's committee on public responsibility and ethics is responsible for the content of the form and will be considering revisions in the near future. Minor issues involving potential or apparent conflicts of interest and questions about the same are resolved by the General Counsel in consultation with other members of senior management as appropriate. Major conflict of interest issues and conflict of interest issues involving trustees are referred to the committee on public responsibility and ethics and, depending on the circumstances, the audit committee. The General Counsel regularly confers with the Chair of the committee on public responsibility and ethics regarding Brookings' conflict of interest policy and any conflict of interest issues. Form 990, Part VI, Section B, line 15a Brookings bylaws as amended on May 5, 2010, provide for a compensation committee consisting of the Chair of the Board of Trustees and four (4) "at-large" elected Trustees appointed by the Chair of the Board and determined by the Chair to be free of any contractual or other relationships that would put into question the exercise of his or her independent judgment. The Compensation Committee has the authority to set the salary of the President and such other officers, directors, managers or employees as the Executive Committee or Audit Committee recommends be set by the Compensation Committee. In setting such salaries, the Compensation Committee asks the Director of HR to gather relevant salary comparability data and record Committee minutes which clearly document the Committee's decisions and the rationale underlying such decisions. Form 990, Part VI, Section C, line 19 Brookings makes its governing documents, conflict of interest policy and form 990 available upon request. Inquiries come to the Organization's attention via e-mail, phone and mail. Whenever possible, Brookings replies by providing an electronic copy or by directing requestors to guidestar.org.