CharityWatch reduces the grade of any charity that has available assets equal to three to five years of operating expenses. Charities with "years of available assets" of more than five years receive an "F" grade regardless of other measurements. In CharityWatch's view, a reserve of less than three years is reasonable and does not affect a charity's grade. These reductions in grades are based solely on the charities' asset reserves as compared to budget. The CharityWatch definition of "years of available assets" includes funds currently available for the charity's use, including investments that the charity has set aside as a reserve but could choose to spend if it wanted to do so. Brookings Institution's letter grade rating has been downgraded because it has 3 or more years of available assets.
See Our Process to learn more about how CharityWatch considers a charity’s asset reserves and the High Asset List for a list of charities whose ratings have been reduced due to high assets.
| Entity | Document Type | Tax ID |
|---|---|---|
| The Brookings Institution | Audited Financial Statements | 53-0196577 |
| The Brookings Institution | IRS Form 990 | 53-0196577 |
|
Entity: The Brookings Institution Document Type: Audited Financial Statements Tax ID: 53-0196577 |
|
Entity: The Brookings Institution Document Type: IRS Form 990 Tax ID: 53-0196577 |
| Name | Title | Compensation | |
|---|---|---|---|
| 1 | Cecilia Rouse | President | $1,370,231 |
| 2 | Jonathan D. Schwartz | General Counsel | $751,686 |
| 3 | Mitchell L. Wein | Sr. VP of Finance / COO | $610,201 |
|
1 Name: Cecilia Rouse Title: President Compensation: $1,370,231 |
|
2 Name: Jonathan D. Schwartz Title: General Counsel Compensation: $751,686 |
|
3 Name: Mitchell L. Wein Title: Sr. VP of Finance / COO Compensation: $610,201 |