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The Brookings Institution

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 530196577 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is The Brookings Institution?

The Brookings Institution is a renowned nonprofit research organization based in Washington, DC. With a mission to generate novel solutions for societal issues, they conduct in-depth, independent studies. Their global economy and development program offers innovative policy suggestions and resources, aiding policymakers in creating more equitable and prosperous economic systems. The executive office oversees various institutional initiatives such as the artificial intelligence and emerging technologies initiative and the David M. Rubenstein Fellowship Program.


Official website here: www.brookings.edu

What are the reviews and ratings of this charity?

Charity Navigator rating: 99% (Four-Star out of Four Stars)

The Brookings Institution has received a commendable Four-Star rating from Charity Navigator, reflecting its exemplary accountability and finance practices. With a perfect score of 100 in this category, the organization demonstrates a strong commitment to transparency and responsible financial management. Notably, the board consists of 100% independent members, contributing to effective governance without conflicts of interest.

While the institution excels in financial oversight and has a solid accountability structure, its Culture & Community score is slightly lower at 85%. This indicates room for improvement in fostering a more inclusive and equitable organizational culture. However, the institution's equity strategies are rated at 85 out of 100, showing a proactive approach toward diversity and inclusion within its initiatives.

Overall, The Brookings Institution emerges as a highly reputable nonprofit with strong financial health and governance practices. Its commitment to transparency is evident through the extensive measures it takes to ensure proper oversight, although it could further enhance its community engagement and cultural inclusivity.


This AI summary has been generated from information found on Charity Navigator.

Is The Brookings Institution legitimate?

The Brookings Institution is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Brookings Institution submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $5,528,269
Professional Fundraising Fees: $124,750
Other Salaries and Wages: $45,005,679

For more financial information, click here


Official website here: www.brookings.edu

What is the mission statement of The Brookings Institution?

The Brookings Institution is a renowned research organization dedicated to exploring societal issues and proposing effective solutions. Through in-depth, independent research, the institution generates innovative ideas aimed at addressing various problems. Their global economy and development program focuses on creating more equitable and sustainable economic systems, leading to prosperity. The executive office oversees institutional initiatives such as the artificial intelligence and emerging technologies initiative and the David M. Rubenstein Fellowship Program.


Official website here: www.brookings.edu

Who is the CEO of The Brookings Institution?

Amy Liu Witmer is the Vp & Dir, Brookings Metro of The Brookings Institution.


Official website here: www.brookings.edu

What is the revenue of The Brookings Institution?

The Brookings Institution's revenue in 2022 was $119,341,951.


Official website here: www.brookings.edu

Who are the executives of The Brookings Institution and what are their salaries?

The average compensation at The Brookings Institution during 2022 was $80,340. There are 629 employees and 52 volunteers at The Brookings Institution.


Here are 73 key members and their salaries:


Glenn H Hutchins (Co-Chair Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Nora Johnson (Co-Chair Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur R Collins (Vice Chair Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard D Schaeffer (Vice Chair Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Cohen Effron (Treasurer Thru 6/3/22; Vc Nominations & Governance)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Weinberg (Treasurer Of The Board On 6/3/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy R Wolstencroft (Secretary; Vc Budget & Finance)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert J Abernethy (Trustee; Vc Development Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Barris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert M Bass (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey L Bewkes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David C Bohnett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Bozeman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abby Joseph Cohen (Trustee; Chair Investment Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy Z Cohen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Crazy Bull (Trustee; Vc Dei Committee 6/3/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Crown (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Cummins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Desmarais Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bart Friedman (Trustee; Chair Audit Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen V Futter (Trustee; Chair Nominations & Governance)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helene Gayle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David J Grain (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Higgins (Trustee; Chair Development Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor L Hymes (Trustee; Chair Budget & Finance Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin R Jacobs (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth M Jacobs (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Kaplan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Karet (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hosein Khajeh-Hosseiny (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip M Knight (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Grootwassink Lewis (Trustee; Vc Audit Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Mandia (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Minehan (Trustee; Chair Compensation Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aditya Mittal (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Mooney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oscar Munoz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laxman Narasimhan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Rogers (Trustee; Vc Investment Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginni Rometty (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Pullen Ross (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Ryan (Trustee; Chair Dei Committee 6/3/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Smith (Trustee; Chair Strategic Planning Task Force)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Sneader (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Steenland (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Straus Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee J Styslinger Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Krishen Sud (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Tisch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
E Eric Tokat (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Antoine W Van Agtmael (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beatrice W Welters (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Allen (President Until 6/12/2022)
  • Compensation: $1,090,659
  • Related: $0
  • Other: $80,772
Ted Gayer (Interim President)
  • Compensation: $509,652
  • Related: $0
  • Other: $44,814
Michael Cavadel (Vp Gen Counsel/Asst Sec)
  • Compensation: $275,819
  • Related: $0
  • Other: $58,924
Amy Liu Witmer (Vp & Dir, Brookings Metro)
  • Compensation: $384,126
  • Related: $0
  • Other: $43,794
Stephanie R Aaronson (Vp, Dir. Economic Studies)
  • Compensation: $345,015
  • Related: $0
  • Other: $41,126
Lucy C Kim (Vp, Development Until 9/10/21)
  • Compensation: $240,938
  • Related: $0
  • Other: $45,824
Ankur Bhatt (Chief Information Officer)
  • Compensation: $314,474
  • Related: $0
  • Other: $28,979
Brahima Coulibaly (Vp, Dir. Global)
  • Compensation: $294,903
  • Related: $0
  • Other: $63,287
Suzanne Maloney (Vp, Dir. Foreign Policy)
  • Compensation: $316,241
  • Related: $0
  • Other: $67,646
Catherine A Piez (Chief Investment Officer)
  • Compensation: $365,753
  • Related: $0
  • Other: $61,149
Darrell M West (Vp, Dir. Governance Studies)
  • Compensation: $373,259
  • Related: $0
  • Other: $69,339
Jacqueline Basile (Vp & Chief Hr Officer)
  • Compensation: $287,065
  • Related: $0
  • Other: $34,792
Kerry Grannis (Deputy Executive Vp)
  • Compensation: $225,476
  • Related: $0
  • Other: $26,300
Andrea Risotto (Chief Communications Officer)
  • Compensation: $190,669
  • Related: $0
  • Other: $33,785
April Mcwilliams (Vp & Chief Hr Officer)
  • Compensation: $207,415
  • Related: $0
  • Other: $44,989
William G Gale (Sr Fellow & Dir, Tax Policy Center)
  • Compensation: $478,032
  • Related: $0
  • Other: $69,787
David Wessel (Sr Fellow & Dir, Hutchins)
  • Compensation: $321,602
  • Related: $0
  • Other: $64,022
F Mark Muro (Sr Fellow, Brookings Metro)
  • Compensation: $280,222
  • Related: $0
  • Other: $69,787
Homi J Kharas (Sr Fellow, Dagi)
  • Compensation: $287,962
  • Related: $0
  • Other: $34,400
Alan M Berube (Senior Fellow & Deputy Director)
  • Compensation: $277,555
  • Related: $0
  • Other: $33,208
Irena Barisic (Former Vp, Cfo, Asst Trea)
  • Compensation: $172,921
  • Related: $0
  • Other: $16,905


Official website here: www.brookings.edu

Where can I find the form 990 for The Brookings Institution?

The Brookings Institution's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.brookings.edu

Learn more at the official website: www.brookings.edu

Mission Statement of The Brookings Institution

The Brookings Institution is a renowned research organization that delves into in-depth, autonomous studies aimed at producing groundbreaking concepts to tackle the complex issues confronting society. With a focus on global economy and development, this esteemed institution offers innovative policy solutions and essential tools to enable policymakers in establishing more inclusive and sustainable economic frameworks that foster prosperity.

In its mission to generate fresh ideas for societal challenges, The Brookings Institution diligently carries out comprehensive research. By maintaining its independence, this prestigious organization ensures objective and unbiased findings, which are highly valued by decision-makers worldwide. In addition to its global economy and development program, The Brookings Institution manages various institutional initiatives, such as the Artificial Intelligence and Emerging Technologies Initiative and the David M. Rubenstein Fellowship Program. These initiatives further solidify the institution's position as a thought leader in the realm of policy innovation.

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Impact




October, 2024

The Brookings Institution has a significant impact through its commitment to conducting in-depth, independent research that leads to actionable ideas aimed at addressing pressing societal challenges. By focusing on the global economy and development, it produces innovative policy solutions that enable policymakers to create more equitable and sustainable economic systems. Their research not only informs current policies but also sets the groundwork for future strategies in various sectors, including economic development and technology.

With initiatives such as the artificial intelligence and emerging technologies initiative, Brookings is at the forefront of understanding the implications of technological advancements on society. The David M. Rubenstein Fellowship Program helps attract and cultivate the next generation of thought leaders who will continue to contribute to essential social research and policy formulation.

Located in Washington, DC, Brookings serves as a vital hub for dialogue and analysis, influencing decision-makers and contributing to a deeper understanding of complex issues. Its research initiatives and institutional leadership are pivotal in addressing global challenges and driving progress in public policy.




This information is meant to be a general summary of The Brookings Institution. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$119,341,951 (2022)
Expenses
$87,855,233 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $46,842,243
  • Program Service Revenue: $747,918
  • Gross Receipts: $309,630,330

Assets and Liabilities:

  • Total Assets: $528,999,178
  • Total Liabilities: $62,523,099
  • Net Assets: $466,476,079

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RESEARCH

Revenue

$747,918

Organization Details

Founding Year

1939

Principal Officer

Amy Liu Witmer

Main Address

1775 MASSACHUSETTS AVE NW, WASHINGTON, DC, 20036

NTEE Category

Code: V220 - Social research

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