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: $5,715,584
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,739,236
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
What is the revenue of The Brookings Institution?
The Brookings Institution's revenue in 2023 was $89,444,146.
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 2023 was $76,701. There are 723 employees and 52 volunteers at The Brookings Institution.
Here are 78 key members and their salaries:
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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 2023 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $4,479,561
- Program Service Revenue: $919,916
- Gross Receipts: $191,875,585
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
$919,916
Organization Details
Founding Year
1939
Principal Officer
Amy Liu Witmer
Website
www.brookings.eduNTEE Category
Code: V220 - Social research
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