TY 2023 Form 990

- TIN:

Form990

Department of the TreasuryInternal Revenue Service

Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)

Do not enter social security numbers on this form as it may be made public.

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public Inspection

A For the 2023 calendar year, or tax year beginning 07-01-2023 , and ending 06-30-2024

BCheck if applicable: Address change Name change Initial return Final return/terminated Amended return Application pending

CName of organization
BROWN UNIVERSITY

% CHARLENE SWEENEY

Doing business as

Number and street (or P.O. box if mail is not delivered to street address)
Controllers Office Box J

Room/suite

City or town, state or province, country, and ZIP or foreign postal code
PROVIDENCE, RI02912

D Employer identification number

05-0258809

E Telephone number

G Gross receipts $ 4,631,803,803

F Name and address of principal officer:
CHRISTINA PAXSON
BOX J BROWN UNIVERSITY
PROVIDENCE,RI02912

Tax-exempt status: 501(c)(3) 501(c) ( ) (insert no.) 4947(a)(1) or 527

Website:

http://www.brown.edu

H(a)

Is this a group return for
subordinates? Yes No

H(b)

Are all subordinates
included?

Yes No

If "No," attach a list. See instructions.

H(c)

Group exemption number

K Form of organization: Corporation Trust Association Other

L Year of formation: 1764

M State of legal domicile: RI

Part I

Summary

1	Briefly describe the organization’s mission or most significant activities: SEE SCHEDULE O
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	50
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	49
5	Total number of individuals employed in calendar year 2023 (Part V, line 2a) ......	5	13,694
6	Total number of volunteers (estimate if necessary) .............	6	6,416
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	-11,004,721
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	671,560,189	659,667,235
9	Program service revenue (Part VIII, line 2g) .........	884,247,769	998,778,571
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	29,435,034	-13,404,060
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	481,825	574,418
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	1,585,724,817	1,645,616,164
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	387,187,633	424,749,311
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	666,879,217	737,907,025
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 41,377,990
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	517,661,913	553,313,684
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	1,571,728,763	1,715,970,020
19	Revenue less expenses. Subtract line 18 from line 12.......	13,996,054	-70,353,856
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	9,401,196,408	10,038,579,738
21	Total liabilities (Part X, line 26).............	1,732,161,267	1,728,842,551
22	Net assets or fund balances. Subtract line 21 from line 20.....	7,669,035,141	8,309,737,187

Part II

Signature Block

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.

Sign Here

	Signature of officer	Date

	Type or print name and title

Paid Preparer Use Only

Print/Type preparer's name

Preparer's signature

Date

Check if
self-employed

PTIN

Firm's name

Firm's EIN

Firm's address

Phone no.

May the IRS discuss this return with the preparer shown above? See Instructions. ..........YesNo

For Paperwork Reduction Act Notice, see the separate instructions.

Cat. No. 11282Y Form 990 (2023)

Form 990 (2023)

Page 2

Part III

Statement of Program Service Accomplishments

Check if Schedule O contains a response or note to any line in this Part III..............

Briefly describe the organization’s mission: SEE SCHEDULE O

Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ..................... Yes No

If "Yes," describe these new services on Schedule O.

Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ........................... Yes No

If "Yes," describe these changes on Schedule O.

Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.


4a	(Code: ) (Expenses $ 871,699,684 including grants of $ 45,440,775 ) (Revenue $ 730,315,151 )
	INSTRUCTION/ENROLLMENT. (SEE SCHEDULE O)

4b	(Code: ) (Expenses $ 379,308,536 including grants of $ 379,308,536 ) (Revenue $ 0 )
	STUDENT AID, FELLOWSHIPS AND SCHOLARSHIPS. (SEE SCHEDULE O)

4c	(Code: ) (Expenses $ 156,945,400 including grants of $ 0 ) (Revenue $ 138,721,171 )
	AUXILIARY SERVICES / ACTIVITIES INCLUDES THE OPERATION OF THE DORMITORIES, DINING SERVICES, HEALTH SERVICES, THE BOOKSTORE, ETC. THESE SERVICES ACCOMMODATE STUDENTS, FACULTY AND STAFF BY SUPPORTING ACADEMIC AND CULTURAL ENRICHMENT.

4d	Other program services (Describe in Schedule O.)
	(Expenses $ 146,786,889 including grants of $ 0 ) (Revenue $ 129,742,249 )
4e	Total program service expenses1,554,740,509

Form 990 (2023)

Page 3

Part IV

Checklist of Required Schedules

Yes

Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A Click to see attachment

List of Attached Documents:

// Content

.....................

Yes

Is the organization required to complete Schedule B, Schedule of Contributors? See instructions. Click to see attachment

List of Attached Documents:

// Content

...

Yes

Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I Click to see attachment

List of Attached Documents:

// Content

.............

Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II Click to see attachment

List of Attached Documents:

// Content

.........

Yes

Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Rev. Proc. 98-19? If "Yes," complete Schedule C, Part III Click to see attachment

List of Attached Documents:

// Content

Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I Click to see attachment

List of Attached Documents:

// Content

.........................

Yes

Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II Click to see attachment

List of Attached Documents:

// Content

....

Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part III Click to see attachment

List of Attached Documents:

// Content

..............

Yes

Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV Click to see attachment

List of Attached Documents:

// Content

..............

Yes

Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part V Click to see attachment

List of Attached Documents:

// Content

......

Yes

If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X, as applicable.

Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D, Part VI. Click to see attachment

List of Attached Documents:

// Content

...................

11a

Yes

Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII Click to see attachment

List of Attached Documents:

// Content

.......

11b

Yes

Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII Click to see attachment

List of Attached Documents:

// Content

.......

11c

Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IX Click to see attachment

List of Attached Documents:

// Content

............

11d

Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X Click to see attachment

List of Attached Documents:

// Content

11e

Yes

Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X Click to see attachment

List of Attached Documents:

// Content

11f

Yes

12a

Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII Click to see attachment

List of Attached Documents:

// Content

......................

12a

Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment

List of Attached Documents:

// Content

12b

Yes

Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E Click to see attachment

List of Attached Documents:

// Content

Yes

14a

Did the organization maintain an office, employees, or agents outside of the United States? .....

14a

Yes

Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV......... Click to see attachment

List of Attached Documents:

// Content

14b

Yes

Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV..... Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV... Click to see attachment

List of Attached Documents:

// Content

Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I. See instructions. .... Click to see attachment

List of Attached Documents:

// Content

Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............ Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III................... Click to see attachment

List of Attached Documents:

// Content

20a

Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....

20a

If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?

20b

Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II..... Click to see attachment

List of Attached Documents:

// Content

Yes

Form 990 (2023)

Page 4

Part IV

Checklist of Required Schedules (continued)

Yes

Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........ Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment

List of Attached Documents:

// Content

Yes

24a

Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a............... Click to see list of attachments

List of Attached Documents:

// Content

24a

Yes

Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...

24b

Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............

24c

Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...

24d

25a

Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I .... Click to see attachment

List of Attached Documents:

// Content

25a

Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I....................... Click to see attachment

List of Attached Documents:

// Content

25b

Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part II Click to see attachment

List of Attached Documents:

// Content

...........

Yes

Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?

If "Yes," complete

Schedule L, Part III Click to see attachment

List of Attached Documents:

// Content

.........................

Was the organization a party to a business transaction with one of the following parties (see the Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):

A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV...................... Click to see attachment

List of Attached Documents:

// Content

28a

A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV..... Click to see attachment

List of Attached Documents:

// Content

28b

Yes

A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes," complete Schedule L, Part IV..................... Click to see attachment

List of Attached Documents:

// Content

28c

Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M.. Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M ................. Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I

Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................

Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............ Click to see attachment

List of Attached Documents:

// Content

Yes

Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1......................... Click to see attachment

List of Attached Documents:

// Content

Yes

35a

Did the organization have a controlled entity within the meaning of section 512(b)(13)?

35a

Yes

If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ... Click to see attachment

List of Attached Documents:

// Content

35b

Yes

Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2............. Click to see attachment

List of Attached Documents:

// Content

Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI Click to see attachment

List of Attached Documents:

// Content

Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............

Yes

Part V

Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........

Yes

Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable ..

2,578

Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable .

Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................

Yes

Form 990 (2023)

Page 5

Part V

Statements Regarding Other IRS Filings and Tax Compliance (continued)

Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................

13,694

If at least one is reported on line 2a, did the organization file all required federal employment tax returns?

Yes

Did the organization have unrelated business gross income of $1,000 or more during the year?...

Yes

If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...

Yes

At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..

Yes

If "Yes," enter the name of the foreign country:
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).

Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..

Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?

If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............

Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...

If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................

Organizations that may receive deductible contributions under section 170(c).

Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................

Yes

If "Yes," did the organization notify the donor of the value of the goods or services provided? .....

Yes

Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................

If "Yes," indicate the number of Forms 8282 filed during the year ....

Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?

Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..

If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................

If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................

Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........

Sponsoring organizations maintaining donor advised funds.

Did the sponsoring organization make any taxable distributions under section 4966?........

Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...

Section 501(c)(7) organizations. Enter:

Initiation fees and capital contributions included on Part VIII, line 12 ...

10a

Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities

10b

Section 501(c)(12) organizations. Enter:

Gross income from members or shareholders .........

11a

Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........

11b

12a

Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?

12a

If "Yes," enter the amount of tax-exempt interest received or accrued during the year.

12b

Section 501(c)(29) qualified nonprofit health insurance issuers.

Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.

13a

Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....

13b

Enter the amount of reserves on hand ............

13c

14a

Did the organization receive any payments for indoor tanning services during the tax year?.....

14a

If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..

14b

Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see the instructions and file Form 4720, Schedule N.

Yes

Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.

Yes

Section 501(c)(21) organizations. Did the trust, or any disqualified or other person engage in any activities that would result in the imposition of an excise tax under section 4951, 4952, or 4953? ..
If "Yes," complete Form 6069.

Form 990 (2023)

Page 6

Part VI

Governance, Management, and Disclosure. For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.

Check if Schedule O contains a response or note to any line in this Part VI..............

Section A. Governing Body and Management

Yes

Enter the number of voting members of the governing body at the end of the tax year

If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.

Enter the number of voting members included in line 1a, above, who are independent

Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................

Yes

Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .

Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .

Did the organization become aware during the year of a significant diversion of the organization’s assets? .

Did the organization have members or stockholders? ................

Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................

Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................

Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:

The governing body? .......................

Yes

Each committee with authority to act on behalf of the governing body? ............

Yes

Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......

Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)

Yes

10a

Did the organization have local chapters, branches, or affiliates? ............

10a

If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?

10b

11a

Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................

11a

Yes

Describe on Schedule O the process, if any, used by the organization to review this Form 990. .....

12a

Did the organization have a written conflict of interest policy? If "No," go to line 13.......

12a

Yes

Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................

12b

Yes

Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe on Schedule O how this was done...................

12c

Yes

Did the organization have a written whistleblower policy? ...............

Yes

Did the organization have a written document retention and destruction policy? .........

Yes

Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?

The organization’s CEO, Executive Director, or top management official ...........

15a

Yes

Other officers or key employees of the organization ................

15b

Yes

If "Yes" to line 15a or 15b, describe the process on Schedule O. See instructions.

16a

Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................

16a

If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............

16b

Section C. Disclosure

List the states with which a copy of this Form 990 is required to be filed

AL , AK , AR , CA , CO , CT , DC , FL , GA , HI , IL , KS , KY , MD , MA , MI , MN , MS , NV , NH , NJ , NM , NY , NC , ND , OH , OR , PA , RI , SC , TN , UT , VA , WA , WV , WI

Section 6104 requires an organization to make its Form 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.

Own website Another's website Upon request Other (explain in Schedule O)

Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.

State the name, address, and telephone number of the person who possesses the organization's books and records:
CHARLENE SWEENEYBROWN UNIVERSITY BOX J PROVIDENCE,RI02912 (401) 863-5220

Form 990 (2023)

Page 7

Part VII

Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors

Check if Schedule O contains a response or note to any line in this Part VII..............

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees

1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet

List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

List all of the organization’s current key employees, if any. See the instructions for definition of "key employee."

List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (box 5 of Form W-2, box 6 of Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000 from the organization and any related organizations.

List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See the instructions for the order in which to list the persons above.

Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)					(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(1) JANE DIETZE...................................................................... VP & Chief Investment Officer	55.0 ................. 0.0			X			2,900,456	0	329,922
(2) CHRISTINA PAXSON...................................................................... PRESIDENT/FELLOW	55.0 ................. 1.2	X	X				2,634,685	0	542,905
(3) JOSHUA T KENNEDY...................................................................... MANAGING DIRECTOR	55.0 ................. 0.0				X		1,287,835	0	148,530
(4) PETER LEVINE...................................................................... MANAGING DIRECTOR	55.0 ................. 0.0				X		1,154,412	0	155,492
(5) GRACE CALHOUN...................................................................... VP FOR ATHLETICS & RECREATION	55.0 ................. 0.0				X		1,086,282	0	137,197
(6) MUKESH JAIN...................................................................... DEAN OF BIO & MED	55.0 ................. 0.0			X			1,045,714	0	54,838
(7) ERICA NOURJIAN...................................................................... HEAD OF OPERATIONS-INVESTMENTS	55.0 ................. 0.0				X		901,312	0	138,825
(8) SERGIO GONZALEZ...................................................................... SVP FOR ADVANCEMENT	55.0 ................. 0.5			X			858,676	0	56,994
(9) SARAH LATHAM...................................................................... EVP FIN & ADMIN	55.0 ................. 1.7			X			835,416	0	36,335
(10) KATIE GALVIN...................................................................... INVESTMENT DIRECTOR	55.0 ................. 0.0				X		770,140	0	87,869
(11) JACK ELIAS...................................................................... FORMER SVP HEALTH AFFAIRS	55.0 ................. 0.0					X	749,774	0	47,914
(12) LAWRENCE E LARSON...................................................................... INTERIM PROVOST (UNTIL 6/23)	55.0 ................. 0.0			X			581,584	0	55,475
(13) FRANCIS J DOYLE...................................................................... PROVOST (7/1/23-ON)	55.0 ................. 1.2			X			478,673	0	144,449
(14) MICHAEL WHITE...................................................................... VP FIN & ADMIN SVCS & CFO	55.0 ................. 0.0			X			521,306	0	28,567
(15) RUSSELL CAREY...................................................................... FORMER INTERIM EVP FIN	55.0 ................. 0.0					X	458,192	0	77,027
(16) JILL PIPHER...................................................................... VP FOR RESEARCH	55.0 ................. 0.5			X			435,936	0	38,021
(17) KEVIN MCLAUGHLIN...................................................................... FORMER DEAN OF FACULTY	55.0 ................. 0.7					X	403,671	0	65,021

Form 990 (2023)

Page 8

Part VII

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)				(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(18) LEAH VANWEY........................................................................ DEAN OF THE FACULTY	55.0 .......................0.0			X		376,308	0	64,302
(19) MICHAEL GUGLIELMO JR........................................................................ VP FOR FACILITIES & CAMPUS OPS	55.0 .......................0.0			X		351,127	0	74,369
(20) RICHARD LOCKE........................................................................ FORMER PROVOST	0.0 .......................0.0				X	116,187	0	1,272
(21) JOHN C ATWATER........................................................................ FELLOW	2.0 .......................0.0	X				0	0	0
(22) SANGEETA N BHATIA........................................................................ FELLOW	2.0 .......................0.0	X				0	0	0
(23) RICHARD A FRIEDMAN........................................................................ SECRETARY/FELLOW	2.0 .......................0.0	X	X			0	0	0
(24) ROBERT P GOODMAN........................................................................ FELLOW	2.0 .......................0.0	X				0	0	0
(25) JEFFREY F HINES........................................................................ FELLOW	2.0 .......................0.0	X				0	0	0
(26) JIM YONG KIM........................................................................ FELLOW	2.0 .......................0.0	X				0	0	0
(27) BRIAN T MOYNIHAN........................................................................ FELLOW	2.0 .......................0.0	X				0	0	0
(28) ALISON S RESSLER........................................................................ FELLOW	2.0 .......................0.0	X				0	0	0
(29) JOAN WERNIG SORENSON........................................................................ FELLOW	2.0 .......................0.0	X				0	0	0
(30) NANCY G ZIMMERMAN........................................................................ FELLOW	2.0 .......................0.0	X				0	0	0
(31) PREETHA BASAVIAH........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(32) ANGELIQUE G BRUNNER........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(33) A RICHARD CAPUTO JR........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(34) SUSAN Y CHON........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(35) JOSEPH DOWLING........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(36) MARCIA J DUNN........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(37) JOSEPH E EDELMAN........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(38) JAMES P ESPOSITO........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(39) JILL FURMAN........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(40) ELDRIDGE H GILBERT III........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(41) XOCHITL GONZALEZ........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(42) THERESIA GOUW........................................................................ TREASURER/TRUSTEE	2.0 .......................0.0	X	X			0	0	0
(43) OLIVER HAARMANN........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(44) SHANELLE CHAMBERS HAILE........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(45) ALAN G HASSENFELD........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(46) JOSEPH P HEALEY........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(47) AYANNA MACCALLA HOWARD........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(48) EARL E HUNT II........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(49) MITCHELL R JULIS........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(50) PABLO G LEGORRETA........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(51) CARLOS LEJNIEKS........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(52) FRAYDA B LINDEMANN........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(53) RUSSELL E MALBROUGH........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(54) SAMUEL M MENCOFF........................................................................ CHANCELLOR/TRUSTEE	2.0 .......................0.0	X	X			0	0	0
(55) HARALD O MIX........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(56) JENNIFER B MOSES........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(57) JOELLE A MURCHISON........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(58) PERRI A PELTZ........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(59) GREG PENNER........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(60) SRIDHAR RAMASWAMY........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(61) PAMELA RESS REEVES........................................................................ VICE CHANCELLOR/TRUSTEE	2.0 .......................0.0	X	X			0	0	0
(62) MYA L ROBERSON........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(63) AMRA SABIC-EL-RAYESS........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(64) SARA LEPPO SAVAGE........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(65) OMAR K SHOMAN........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(66) DONNA MCGRAW WEISS........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(67) GLADYS XIQUES........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(68) WILLIAM ZHOU........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0
(69) MARIA T ZUBER........................................................................ TRUSTEE	2.0 .......................0.0	X				0	0	0

1b	Sub-Total..............
c	Total from continuation sheets to Part VII, Section A..
d	Total (add lines 1b and 1c).........	17,947,686	0	2,285,324

Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization 1,599

Yes

Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............

Yes

For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual...........................

Yes

Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........

Section B. Independent Contractors

Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.

(A) Name and business address	(B) Description of services	(C) Compensation
SHAWMUT DESIGN CONSTRUCTION, 3 DAVOL SQUARE SUITE A275 PROVIDENCE,RI02903	CONSTRUCTION	49,006,701
DIMEO CONSTRUCTION COMPANY, 75 CHAPMAN STREET PROVIDENCE,RI02905	CONSTRUCTION	28,169,667
COMPASS GROUP USA INC BON APPETI, 1 ORCHARD RD ARMONK,NY10504	FOOD SERVICES	7,535,738
SUFFOLK CONSTRUCTION, 65 ALLERTON STREET OSTON,MA02119	CONSTRUCTION	6,861,509
SARRA ENGINEERING INC, ONE HARRY STREET CRANSTON,RI02907	ENGINEERING	5,950,611
2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 707

Form 990 (2023)

Page 9

Part VIII

Statement of Revenue

Check if Schedule O contains a response or note to any line in this Part VIII.............

(A)
Total revenue

(B)
Related or
exempt
function
revenue

(D)
Revenue
excluded from
tax under sections
512 - 514

1a	Federated campaigns..		1a	147,566
b	Membership dues..		1b
c	Fundraising events..		1c	33,422
d	Related organizations		1d
e	Government grants (contributions)		1e	298,601,759

f	All other contributions, gifts, grants, and similar amounts not included above		1f	360,884,488

g	Noncash contributions included in lines 1a - 1f:$		1g	30,467,303

h Total. Add lines 1a-1f.......		659,667,235

		Business Code
2a	TUITION & FEES	611310	730,315,151	730,315,151
b	RESIDENCE	721310	60,170,621	60,170,621
c	DINING HALLS	722514	37,310,892	37,310,892
d	BOOKSTORE	451211	10,633,813	10,322,018	311,795
e	HEALTH SERVICES	620000	11,407,652	11,407,652
f	All other program service revenue.		148,940,442	148,345,687	594,755
g	Total. Add lines 2a–2f .....		998,778,571

3 Investment income (including dividends, interest, and othersimilar amounts) ......			-186,768,079		-11,911,271	-174,856,808
4 Income from investment of tax-exempt bond proceeds			1,817,023			1,817,023
5 Royalties...........			599,143			599,143
			(i) Real	(ii) Personal
6a	Gross rents	6a
b	Less: rental expenses	6b
c	Rental income or (loss)	6c	0	0
d	Net rental income or (loss).......			0
			(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	7a	3,155,203,485	2,442,880
b	Less: cost or other basis and sales expenses	7b	2,980,210,215	5,889,154
c	Gain or (loss)	7c	174,993,270	-3,446,274
d	Net gain or (loss).........			171,546,996			171,546,996
8a	Gross income from fundraising events (not including $ 33,422of contributions reported on line 1c). See Part IV, line 18 ....
			8a	63,545
b	Less: direct expenses ...		8b	88,270
c	Net income or (loss) from fundraising events..			-24,725			-24,725
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a	0
b	Less: direct expenses ...		9b	0
c	Net income or (loss) from gaming activities..			0
10a	Gross sales of inventory, less returns and allowances ..
			10a	0
b	Less: cost of goods sold ..		10b	0
c	Net income or (loss) from sales of inventory..			0

Business Code
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			0
12	Total revenue. See instructions.....			1,645,616,164	997,872,021	-11,004,721	-918,371

Form 990 (2023)

Page 10

Part IX

Statement of Functional Expenses

Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............

Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII.		(A) Total expenses	(B) Program service expenses	(C) Management and general expenses	(D) Fundraising expenses

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....	45,517,131	45,517,131
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........	376,068,199	376,068,199
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............	3,163,981	3,163,981
4	Benefits paid to or for members .......	0
5	Compensation of current officers, directors, trustees, and key employees ...........	10,466,252	2,511,901	6,279,751	1,674,600
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........	1,534,030	368,167	920,418	245,445
7	Other salaries and wages........	560,326,204	486,439,941	50,152,651	23,733,612
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	43,797,179	38,287,810	3,721,183	1,788,186
9	Other employee benefits .......	83,090,014	70,734,682	8,481,024	3,874,308
10	Payroll taxes ...........	38,693,346	32,701,571	4,124,595	1,867,180
11	Fees for services (non-employees):
a	Management ......	0
b	Legal .........	6,486,068	294,728	6,173,028	18,312
c	Accounting ...........	569,675		569,675
d	Lobbying ...........	0
e	Professional fundraising services. See Part IV, line 17	0
f	Investment management fees ......	3,499,784	1,577,043	1,577,043	345,698
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	137,958,583	123,971,301	11,089,252	2,898,030
12	Advertising and promotion ....	20,044,527	19,361,771	435,787	246,969
13	Office expenses .......	60,213,247	56,511,367	1,136,561	2,565,319
14	Information technology ......	35,130,829	31,580,561	2,705,015	845,253
15	Royalties ..	223,718	223,718
16	Occupancy ...........	55,493,597	54,519,909	972,730	958
17	Travel ............	32,467,202	16,631,049	14,869,978	966,175
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .	0
19	Conferences, conventions, and meetings ....	2,835,018	2,745,901	3,445	85,672
20	Interest ...........	27,351,419	25,756,708	1,594,711
21	Payments to affiliates .......	0
22	Depreciation, depletion, and amortization ..	93,951,228	93,951,228
23	Insurance ...	28,680,038	25,481,989	3,198,049
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	DUES AND MEMBERSHIPS	3,475,830	1,885,397	1,562,575	27,858
b	PURCHASED GOODS	25,703,111	25,703,111
c	GRADUATE SUPPLEMENT	5,105,702	5,105,702
d	CHANGE IN SWAP LIABILITY	-2,555,926	-2,555,926
e	All other expenses	16,680,034	16,201,569	284,050	194,415
25	Total functional expenses. Add lines 1 through 24e	1,715,970,020	1,554,740,509	119,851,521	41,377,990
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

Form 990 (2023)

Page 11

Part X

Balance Sheet

Check if Schedule O contains a response or note to any line in this Part IX..............

				(A) Beginning of year		(B) End of year

1	Cash–non-interest-bearing ........			356,254,812	1	324,446,631
2	Savings and temporary cash investments .........			417,096,853	2	347,773,386
3	Pledges and grants receivable, net ......			475,030,569	3	546,691,203
4	Accounts receivable, net .............			17,824,948	4	20,001,058
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
				160,000	5	120,000
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
				0	6	0
7	Notes and loans receivable, net ...........			12,358,479	7	10,748,905
8	Inventories for sale or use ............			5,417,265	8	5,570,901
9	Prepaid expenses and deferred charges ......			12,477,626	9	22,227,378
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	3,158,807,971
b	Less: accumulated depreciation	10b	1,520,243,575	1,555,970,603	10c	1,638,564,396
11	Investments—publicly traded securities .			700,252,095	11	717,147,838
12	Investments—other securities. See Part IV, line 11 .....			5,763,948,094	12	6,336,226,564
13	Investments—program-related. See Part IV, line 11 ..			0	13	0
14	Intangible assets ...............			0	14	0
15	Other assets. See Part IV, line 11 ...........			84,405,064	15	69,061,478
16	Total assets. Add lines 1 through 15 (must equal line 33)...			9,401,196,408	16	10,038,579,738

17	Accounts payable and accrued expenses .....	133,828,585	17	140,697,378
18	Grants payable ...	0	18	0
19	Deferred revenue .........	95,093,758	19	80,592,592
20	Tax-exempt bond liabilities .........	602,182,840	20	582,213,630
21	Escrow or custodial account liability. Complete Part IV of Schedule D	5,892,562	21	5,579,449
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
		0	22	0
23	Secured mortgages and notes payable to unrelated third parties ..	0	23	0
24	Unsecured notes and loans payable to unrelated third parties ..	701,228,738	24	699,894,551
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	193,934,784	25	219,864,951
26	Total liabilities. Add lines 17 through 25..	1,732,161,267	26	1,728,842,551

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	1,563,286,552	27	1,683,843,710
28	Net assets with donor restrictions ...........	6,105,748,589	28	6,625,893,477
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	7,669,035,141	32	8,309,737,187
33	Total liabilities and net assets/fund balances ........	9,401,196,408	33	10,038,579,738

Form 990 (2023)

Page 12

Part XI

Reconcilliation of Net Assets

Check if Schedule O contains a response or note to any line in this Part XI..............

Total revenue (must equal Part VIII, column (A), line 12) ............

1,645,616,164

Total expenses (must equal Part IX, column (A), line 25) ............

1,715,970,020

Revenue less expenses. Subtract line 2 from line 1 ..............

-70,353,856

Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..

7,669,035,141

Net unrealized gains (losses) on investments ...............

699,863,921

Donated services and use of facilities .................

Investment expenses .....................

Prior period adjustments .....................

Other changes in net assets or fund balances (explain in Schedule O) ........

11,191,981

Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))

8,309,737,187

Part XII

Financial Statements and Reporting

Check if Schedule O contains a response or note to any line in this Part XII.............

Yes

Accounting method used to prepare the Form 990: Cash Accrual Other
If the organization changed its method of accounting from a prior year or checked "Other," explain on
Schedule O.

Were the organization’s financial statements compiled or reviewed by an independent accountant?

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

Were the organization’s financial statements audited by an independent accountant?

Yes

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?

Yes

If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.

As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Uniform Guidance, 2 C.F.R. Part 200, Subpart F?

Yes

If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.

Yes

Form 990 (2023)

Additional Data

Software ID:
Software Version:

Form 990, Special Condition Description:

Special Condition Description

- TIN:

SCHEDULE A
(Form 990)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow

Attach to Form 990 or Form 990-EZ.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public
Inspection

Name of the organization

BROWN UNIVERSITY

Employer identification number

05-0258809

Part I

Reason for Public Charity Status (All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)

A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990).)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An agricultural research organization described in 170(b)(1)(A)(ix) operated in conjunction with a land-grant college or university or a non-land grant college of agriculture. See instructions. Enter the name, city, and state of the college or university:

An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box on lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g.

Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.

Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.

Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.

Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.

Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.

Enter the number of supported organizations ...............................

Provide the following information about the supported organization(s).

(i) Name of supported organization	(ii) EIN	(iv) Is the organization listed in your governing document?		(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(i) Name of supported organization	(ii) EIN	Yes	No	(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)


Total

For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.

Cat. No. 11285F

Schedule A (Form 990) 2023

Page 2

Part II

Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization failed to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2019	(b) 2020	(c) 2021	(d) 2022	(e) 2023	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") ..	444,957,133	545,189,061	608,598,931	671,560,189	659,667,235	2,929,972,549
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf ....						0
3	The value of services or facilities furnished by a governmental unit to the organization without charge..						0
4	Total. Add lines 1 through 3	444,957,133	545,189,061	608,598,931	671,560,189	659,667,235	2,929,972,549
5	The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) ..						0
6	Public support. Subtract line 5 from line 4.						2,929,972,549

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2019	(b) 2020	(c) 2021	(d) 2022	(e) 2023	(f) Total
7	Amounts from line 4..	444,957,133	545,189,061	608,598,931	671,560,189	659,667,235	2,929,972,549
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...	20,343,940	24,928,869	0	0	0	45,272,809
9	Net income from unrelated business activities, whether or not the business is regularly carried on..	690,331	0	24,849,029	0	0	25,539,360
10	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..						0
11	Total support. Add lines 7 through 10						3,000,784,718

Gross receipts from related activities, etc. (see instructions) ..................

4,091,094,183

First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here ........................................ right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2023 (line 6, column (f) divided by line 11, column (f)) .........

97.640 %

Public support percentage for 2022 Schedule A, Part II, line 14 ...............

96.910 %

16a

33 1/3% support test—2023. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ....................... right arrow

33 1/3% support test—2022. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2023. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow

10%-facts-and-circumstances test—2022. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow

Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow

Schedule A (Form 990) 2023

Page 3

Part III

Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2019	(b) 2020	(c) 2021	(d) 2022	(e) 2023	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2	Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose
3	Gross receipts from activities that are not an unrelated trade or business under section 513 .....
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5	The value of services or facilities furnished by a governmental unit to the organization without charge
6	Total. Add lines 1 through 5
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c	Add lines 7a and 7b..
8	Public support. (Subtract line 7c from line 6.)

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2019	(b) 2020	(c) 2021	(d) 2022	(e) 2023	(f) Total
9	Amounts from line 6...
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c	Add lines 10a and 10b.
11	Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on.
12	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..
13	Total support. (Add lines 9, 10c, 11, and 12.)..

First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here................................................. right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2023 (line 8, column (f) divided by line 13, column (f)) .........

Public support percentage from 2022 Schedule A, Part III, line 15 ...............

Section D. Computation of Investment Income Percentage

Investment income percentage for 2023 (line 10c, column (f) divided by line 13, column (f)) ......

Investment income percentage from 2022 Schedule A, Part III, line 17 .............

19a

33 1/3% support tests-2023. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow

33 1/3 % support tests—2022. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ..... right arrow

Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow

Schedule A (Form 990) 2023

Page 4

Part IV

Supporting Organizations

(Complete only if you checked a box on line 12 of Part I. If you checked box 12a, of Part I, complete Sections A and B. If you checked box 12b, of Part I, complete Sections A and C. If you checked box 12c, of Part I, complete Sections A, D, and E. If you checked box12d, of Part I, complete Sections A and D, and complete Part V.)

Section A. All Supporting Organizations

Yes

Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.

Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).

Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer lines 3b and 3c below.

Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.

Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.

Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked box 12a or 12b in Part I, answer lines 4b and 4c below.

Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.

Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.

Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer lines 5b and 5c below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).

Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?

Substitutions only. Was the substitution the result of an event beyond the organization's control?

Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.

Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .

Did the organization make a loan to a disqualified person (as defined in section 4958) not described on line 7? If “Yes,” complete Part I of Schedule L (Form 990).

Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons, as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.

Did one or more disqualified persons (as defined on line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.

Did a disqualified person (as defined on line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.

10a

Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.

10a

Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).

10b

Schedule A (Form 990) 2023

Page 5

Part IV

Supporting Organizations (continued)

Yes

Has the organization accepted a gift or contribution from any of the following persons?

A person who directly or indirectly controls, either alone or together with persons described on lines 11b and 11c below, the governing body of a supported organization?

11a

A family member of a person described on 11a above?

11b

A 35% controlled entity of a person described on line 11a or 11b above? If “Yes” to 11a, 11b, or 11c, provide detail in Part VI.

11c

Section B. Type I Supporting Organizations

Yes

Did the officers, directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.

Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.

Section C. Type II Supporting Organizations

Yes

Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).

Section D. All Type III Supporting Organizations

Yes

Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?

Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).

By reason of the relationship described in line 2 above, did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.

Section E. Type III Functionally-Integrated Supporting Organizations

Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):

The organization satisfied the Activities Test. Complete line 2 below.

The organization is the parent of each of its supported organizations. Complete line 3 below.

The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions)

Activities Test. Answer lines 2a and 2b below.

Yes

Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.

Did the activities described on line 2a, above constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.

Parent of Supported Organizations. Answer lines 3a and 3b below.

Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations?If "Yes" or "No", provide details in Part VI.

Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.

Schedule A (Form 990) 2023

Page 6

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 (explain in Part VI). See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.

	Section A - Adjusted Net Income		(A) Prior Year	(B) Current Year (optional)
1	Net short-term capital gain	1
2	Recoveries of prior-year distributions	2
3	Other gross income (see instructions)	3
4	Add lines 1 through 3	4
5	Depreciation and depletion	5
6	Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions)	6
7	Other expenses (see instructions)	7
8	Adjusted Net Income (subtract lines 5, 6 and 7 from line 4)	8

	Section B - Minimum Asset Amount		(A) Prior Year	(B) Current Year (optional)
1	Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year):	1
a	Average monthly value of securities	1a
b	Average monthly cash balances	1b
c	Fair market value of other non-exempt-use assets	1c
d	Total (add lines 1a, 1b, and 1c)	1d
e	Discount claimed for blockage or other factors (explain in detail in Part VI):
2	Acquisition indebtedness applicable to non-exempt use assets	2
3	Subtract line 2 from line 1d	3
4	Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions).	4
5	Net value of non-exempt-use assets (subtract line 4 from line 3)	5
6	Multiply line 5 by 0.035	6
7	Recoveries of prior-year distributions	7
8	Minimum Asset Amount (add line 7 to line 6)	8

	Section C - Distributable Amount		Current Year
1	Adjusted net income for prior year (from Section A, line 8, Column A)	1
2	Enter 85% of line 1	2
3	Minimum asset amount for prior year (from Section B, line 8, Column A)	3
4	Enter greater of line 2 or line 3	4
5	Income tax imposed in prior year	5
6	Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions)	6

Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)

Schedule A (Form 990) 2023

Page 7

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)

Section D - Distributions		Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes	1
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity	2
3 Administrative expenses paid to accomplish exempt purposes of supported organizations	3
4 Amounts paid to acquire exempt-use assets	4
5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI)	5
6 Other distributions (describe in Part VI). See instructions	6
7Total annual distributions. Add lines 1 through 6.	7
8 Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions	8
9 Distributable amount for 2023 from Section C, line 6	9
10 Line 8 amount divided by Line 9 amount	10

Section E - Distribution Allocations (see instructions)		(i) Excess Distributions	(ii) Underdistributions Pre-2023	(iii) Distributable Amount for 2023
1 Distributable amount for 2023 from Section C, line 6
2 Underdistributions, if any, for years prior to 2023 (reasonable cause required-- explain in Part VI). See instructions.
3 Excess distributions carryover, if any, to 2023:
a From 2018.......
b From 2019.......
c From 2020.......
d From 2021.......
e From 2022.......
fTotal of lines 3a through e
g Applied to underdistributions of prior years
h Applied to 2023 distributable amount
i Carryover from 2018 not applied (see instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.
4Distributions for 2023 from Section D, line 7:
$
a Applied to underdistributions of prior years
b Applied to 2023 distributable amount
c Remainder. Subtract lines 4a and 4b from line 4.
5 Remaining underdistributions for years prior to 2023, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions.
6 Remaining underdistributions for 2023. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions.
7 Excess distributions carryover to 2024. Add lines 3j and 4c.
8 Breakdown of line 7:
a Excess from 2019.....
b Excess from 2020.....
c Excess from 2021.....
d Excess from 2022.....
e Excess from 2023.....

Schedule A (Form 990) (2023)

Schedule A (Form 990) 2023

Page 8

Part VI

Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test

Return Reference	Explanation

Schedule A (Form 990) 2023

Additional Data

Software ID:
Software Version:

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2023

Name of the organization

BROWN UNIVERSITY

Employer identification number

05-0258809

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (2023)

Schedule B (Form 990) (2023) Page 2

Name of organization BROWN UNIVERSITY

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	,	$ RESTRICTED	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)

Schedule B (Form 990) (2023)

Page 3

Name of organization BROWN UNIVERSITY		Employer identification number 05-0258809

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2023)

Schedule B (Form 990) (2023)

Page 4


Name of organization BROWN UNIVERSITY			Employer identification number 05-0258809
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (2023)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE C
(Form 990)

Department of the Treasury
Internal Revenue Service

Political Campaign and Lobbying Activities

For Organizations Exempt From Income Tax Under section 501(c) and section 527

right arrow

Complete if the organization is described below. right arrow

Attach to Form 990 or Form 990-EZ.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2022

Open to Public
Inspection

If the organization answered "Yes" on Form 990, Part IV, Line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
Round Bullet

Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
Round Bullet

Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
Round Bullet

Section 527 organizations: Complete Part I-A only.
If the organization answered "Yes" on Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
Round Bullet

Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A. Do not complete Part II-B.
Round Bullet

Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
If the organization answered "Yes" on Form 990, Part IV, Line 5 (Proxy Tax) (see separate instructions) or Form 990-EZ, Part V, line 35c (Proxy Tax) (see separate instructions), then
Round Bullet

Section 501(c)(4), (5), or (6) organizations: Complete Part III.

Name of the organization

BROWN UNIVERSITY

Employer identification number

05-0258809

Part I-A

Complete if the organization is exempt under section 501(c) or is a section 527 organization.

Provide a description of the organization’s direct and indirect political campaign activities in Part IV. See instructions for definition of “political campaign activities."

Political campaign activity expenditures. See instructions .................................................................... right arrow

Volunteer hours for political campaign activities. See instructions ..................................................................

Part I-B

Complete if the organization is exempt under section 501(c)(3).

Enter the amount of any excise tax incurred by the organization under section 4955 ................................ right arrow

Enter the amount of any excise tax incurred by organization managers under section 4955 ....................... right arrow

If the organization incurred a section 4955 tax, did it file Form 4720 for this year? .........................................

Yes No

Was a correction made? ......................................................................................................................

Yes No

If "Yes," describe in Part IV.

Part I-C

Complete if the organization is exempt under section 501(c), except section 501(c)(3).

Enter the amount directly expended by the filing organization for section 527 exempt function activities ..... right arrow

Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function activities ............................................................................................................................ right arrow

Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b........... right arrow

Did the filing organization file Form 1120-POL for this year? ...................................................................

Yes No

Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization’s funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.

(a) Name	(b) Address	(c) EIN	(d) Amount paid from filing organization's funds. If none, enter -0-.	(e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.
1
2
3
4
5
6

For Paperwork Reduction Act Notice, see the instructions for Form 990.

Cat. No. 50084S

Schedule C (Form 990) 2022

Page 2

Part II-A

Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)).

A Check right arrow

if the filing organization belongs to an affiliated group (and list in Part IV each affiliated group member's name, address, EIN, expenses, and share of excess lobbying expenditures).
B Check right arrow

if the filing organization checked box A and "limited control" provisions apply.

Limits on Lobbying Expenditures (The term "expenditures" means amounts paid or incurred.)		(b) Affiliated group totals
1a	Total lobbying expenditures to influence public opinion (grass roots lobbying) ......................
b	Total lobbying expenditures to influence a legislative body (direct lobbying) ........................
c	Total lobbying expenditures (add lines 1a and 1b) ............................................................
d	Other exempt purpose expenditures ...............................................................................
e	Total exempt purpose expenditures (add lines 1c and 1d) ..................................................
f	Lobbying nontaxable amount. Enter the amount from the following table in both columns.
	If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:
	Not over $500,00020% of the amount on line 1e.
	Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.
	Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.
	Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.
	Over $17,000,000$1,000,000.

g	Grassroots nontaxable amount (enter 25% of line 1f) .................................................
h	Subtract line 1g from line 1a. If zero or less, enter -0-. ................................................
i	Subtract line 1f from line 1c. If zero or less, enter -0-. ................................................
j	If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting section 4911 tax for this year? ...................................................................................................................	Yes No

4-Year Averaging Period Under Section 501(h) (Some organizations that made a section 501(h) election do not have to complete all of the five columns below. See the separate instructions for lines 2a through 2f.)
Lobbying Expenditures During 4-Year Averaging Period
	Calendar year (or fiscal year beginning in)	(a) 2019	(b) 2020	(c) 2021	(d) 2022	(e) Total

2a	Lobbying nontaxable amount

b	Lobbying ceiling amount (150% of line 2a, column(e))

c	Total lobbying expenditures

d	Grassroots nontaxable amount

e	Grassroots ceiling amount (150% of line 2d, column (e))

f	Grassroots lobbying expenditures

Schedule C (Form 990) 2022

Page 3

Part II-B

Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)).

For each "Yes" response on lines 1a through 1i below, provide in Part IV a detailed description of the lobbying activity.

(a)

Yes|No

(b)

Amount

During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of:

Volunteers? ...........................................................................................................

Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ........

Yes

Media advertisements? ...................................................................................................

Mailings to members, legislators, or the public? .............................................................................

Publications, or published or broadcast statements? ...........................................................

Grants to other organizations for lobbying purposes? ..........................................................

Direct contact with legislators, their staffs, government officials, or a legislative body? .......................

Yes

260,000

Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ..................

Other activities? ...................................................................................................................

Yes

17,302

Total. Add lines 1c through 1i ....................................................................................................

277,302

Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....

If "Yes," enter the amount of any tax incurred under section 4912 ...........................................

If "Yes," enter the amount of any tax incurred by organization managers under section 4912 ...................

If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? ........................

Part III-A

Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).

Yes

Were substantially all (90% or more) dues received nondeductible by members? ...............................................

Did the organization make only in-house lobbying expenditures of $2,000 or less? ............................................

Did the organization agree to carry over lobbying and political expenditures from the prior year? .................................

Part III-B

Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No" OR (b) Part III-A, line 3, is answered “Yes."

Dues, assessments and similar amounts from members ......................................................................

Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political expenses for which the section 527(f) tax was paid).

Current year .............................................................................................................................

Carryover from last year ............................................................................................................

Total ...........................................................................................................................................

Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .

If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? ......................................................................................................................

Taxable amount of lobbying and political expenditures. See Instructions .........................................

Part IV

Supplemental Information

Provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, line 5; Part II-A (affiliated group list); Part II-A, lines 1 and 2 (see instructions), and Part ll-B, line 1. Also, complete this part for any additional information.

Return Reference	Explanation
SCHEDULE C, PART II-B, LINE 1B & 1G	CERTAIN MEMBERS OF THE UNIVERSITY'S STAFF DEVOTED A PORTION OF THEIR TIME TO PROMOTE OUR MISSION BY WORKING WITH STATE AND FEDERAL GOVERNMENT ENTITIES TO ADVOCATE FOR LEGISLATION AND POLICY INITIATIVES THAT SUPPORT HIGHER EDUCATION AND THE UNIVERSITY'S RESEARCH AGENDA.
SCHEDULE C, PART II-B, LINE 1i	AMOUNTS REPORTED ON THIS LINE RELATE TO MEMBERSHIP DUES PAID TO ORGANIZATIONS WHO LOBBY ON BEHALF OF THEIR MEMBERS(INCLUDING BROWN UNIVERSITY).

Schedule C (Form 990) 2022

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
right arrow

Attach to Form 990.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2022

Open to Public Inspection

Name of the organization

BROWN UNIVERSITY

Employer identification number

05-0258809

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........	18	19
2	Aggregate value of contributions to (during year)	2,096,591	698,864
3	Aggregate value of grants from (during year)	213,222	454,407
4	Aggregate value at end of year ........	13,135,720	4,368,401

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after July 25, 2006, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year right arrow

Number of states where property subject to conservation easement is located right arrow

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... right arrow

(ii)

Assets included in Form 990, Part X ............................... right arrow

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... right arrow

Assets included in Form 990, Part X ............................... right arrow

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) 2022

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other Education

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

1a	Beginning of year balance ....	6,176,449,396	6,115,802,418	6,492,627,998	4,358,253,647	3,958,782,529
b	Contributions ...	128,931,602	168,996,923	128,202,759	116,510,775	105,504,992
c	Net investment earnings, gains, and losses	667,182,318	132,152,280	-310,686,200	2,218,476,088	459,912,527
d	Grants or scholarships ...	250,210,896	41,782,983	40,884,758	41,537,202	38,764,935
e	Other expenditures for facilities and programs ...	30,102,573	198,719,242	153,457,381	139,821,963	120,497,071
f	Administrative expenses ....	0	0	0	19,253,347	6,684,395
g	End of year balance ......	6,692,249,847	6,176,449,396	6,115,802,418	6,492,627,998	4,358,253,647

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment right arrow

14.000 %

Permanent endowment right arrow

33.000 %

Term endowment right arrow

53.000 %

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....	0	109,641,848		109,641,848
b	Buildings ....	0	2,670,575,603	1,296,802,711	1,373,772,892
c	Leasehold improvements
d	Equipment ....	0	291,717,430	223,077,174	68,640,256
e	Other .....	0	86,873,090	363,690	86,509,400
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..					1,638,564,396

Schedule D (Form 990) 2022

Page 3

Part VII

Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........	425,250,445	F
(3) Other (A) COMMON STOCK	693,882,381	F
(B) FIXED INCOME	439,336,039	F
(C) HEDGED STRATEGIES	1,221,895,481	F
(D) PRIVATE EQUITY	2,828,750,608	F
(E) REAL ASSETS	727,111,610	F
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)	6,336,226,564

Part VIII

Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes	0
REFUNDABLE ADVANCES	3,441,956
LIABILITIES ASSOCIATED WITH INVESTMENTS	35,804
SPLIT INTEREST OBLIGATIONS	9,767,504
INTEREST RATE SWAP LIABILITY	11,194,975
457B LIABILITY	53,747,431
PENSION LIABILITY	303,388
ASSET RETIREMENT OBLIGATIONS	20,620,069
OPERATING LEASE OBLGATION	70,811,658
FUNDS HELD FOR OTHERS	49,942,166
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	219,864,951
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) 2022

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......		1
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d .....................		2e
3	Subtract line 2e from line 1..................		3
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................		4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......		5

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........		1
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d....................		2e
3	Subtract line 2e from line 1...................		3
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b.....................		4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......		5

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference

Explanation

SCHEDULE D, PART III, LINE 1a

THE UNIVERSITY'S COLLECTIONS INCLUDE WORKS OF ART, HISTORICAL TREASURES, AND ARTIFACTS THAT ARE MAINTAINED IN THE UNIVERSITY'S LIBRARIES AND MUSEUMS. THESE COLLECTIONS ARE PROTECTED AND PRESERVED FOR EDUCATION AND RESEARCH PURPOSES. THE COLLECTIONS ARE NOT RECOGNIZED AS ASSETS IN THE FINANCIAL STATEMENTS OF THE UNIVERSITY. SCHEDULE D, PART III, LINE 4 THE JOHN CARTER BROWN LIBRARY CONTAINS AN INTERNATIONALLY RENOWNED, CONSTANTLY GROWING COLLECTION OF PRIMARY HISTORICAL SOURCES PERTAINING TO THE AMERICAS, BOTH NORTH AND SOUTH, BEFORE CA. 1825. THE JOHN CARTER BROWN LIBRARY COLLECTION OF 50,000 RARE BOOKS (PRINTED BEFORE CA. 1825), MANUSCRIPTS, AND 16,000 REFERENCE BOOKS AND SECONDARY SOURCES (PRINTED AFTER CA. 1825) IS DISTINGUISHED IN MANY SUBJECT AREAS. MOST WELL-KNOWN, PERHAPS, ARE THE LIBRARY'S EXTENSIVE HOLDINGS IN THE LITERATURE OF EUROPEAN EXPLORATION AND TRAVEL IN THE WESTERN HEMISPHERE, FROM THE FIRST LATIN EDITION OF THE COLUMBUS LETTER OF 1493, THROUGH NEARLY ALL OF THE CONTEMPORARY NARRATIVES OF SPANISH, PORTUGUESE, FRENCH, DUTCH, AND ENGLISH DISCOVERY, EXPLORATION, AND SETTLEMENT. THE HOLDINGS OF THE LIBRARY ARE AVAILABLE TO SCHOLARS ENGAGED IN PRODUCTIVE RESEARCH FOR WHOM ACCESS TO THE COLLECTION IS ESSENTIAL FOR THE ADVANCEMENT OF THEIR WORK. THE BROWN UNIVERSITY LIBRARY, IN SUPPORT OF THE UNIVERSITY'S EDUCATIONAL AND RESEARCH MISSION, IS THE LOCAL REPOSITORY FOR AND THE PRINCIPAL GATEWAY TO CURRENT INFORMATION AND THE SCHOLARLY RECORD. THE BROWN UNIVERSITY LIBRARY IS COMPRISED OF THE JOHN D. ROCKEFELLER, JR. LIBRARY; THE SCIENCES LIBRARY; THE ORWIG MUSIC LIBRARY; THE JOHN HAY LIBRARY; AND THE ANNMARY BROWN MEMORIAL. THE JOHN D. ROCKEFELLER, JR. LIBRARY IS THE PRIMARY TEACHING AND RESEARCH LIBRARY FOR THE HUMANITIES, SOCIAL SCIENCES, AND FINE ARTS. THE SCIENCES LIBRARY HOLDS MATERIALS THAT SUPPORT STUDY AND RESEARCH IN THE FIELDS OF MEDICINE, PSYCHOLOGY, NEURAL SCIENCE, ENVIRONMENTAL SCIENCE, BIOLOGY, CHEMISTRY, GEOLOGY, PHYSICS, ENGINEERING, COMPUTER SCIENCE, AND PURE AND APPLIED MATHEMATICS, AND PROVIDES A WIDE RANGE OF SERVICES TO THE STAFF, STUDENTS AND FACULTY. THE ORWIG MUSIC LIBRARY HOUSES THE GENERAL MUSIC COLLECTION ON CAMPUS: MUSIC BOOKS, SCORES, PERIODICALS, SOUND RECORDINGS, VIDEO RECORDINGS, AND MICROFORMS. THE COLLECTION SUPPORTS THE CURRICULUM OF THE MUSIC DEPARTMENT AND PROVIDES MATERIAL FOR GENERAL USE BY THE BROWN COMMUNITY. THE JOHN HAY LIBRARY HOUSES DIVERSE COLLECTIONS SPANNING MANY SUBJECTS AND TIME PERIODS, WITH PARTICULARLY STRONG COLLECTIONS IN AMERICAN LITERATURE AND HISTORY, POPULAR CULTURE, MILITARY HISTORY AND ICONOGRAPHY, HISTORY OF SCIENCE AND THE ART AND HISTORY OF THE BOOK. THE ANNMARY BROWN MEMORIAL HOUSES EXHIBITS OF EUROPEAN AND AMERICAN PAINTINGS FROM THE 17TH THROUGH THE 20TH CENTURIES, THE CYRIL AND HARRIET MAZANSKY BRITISH SWORD COLLECTION, AS WELL AS PERSONAL MEMENTOS OF ITS FOUNDER, GENERAL RUSH C. HAWKINS, AND THE BROWN FAMILY. THE MEMORIAL IS UTILIZED AS A RESOURCE FOR STUDENTS STUDYING EUROPEAN AND AMERICAN ART BETWEEN THE 17TH AND 20TH CENTURY. THE UNIVERSITY'S ART SLIDE LIBRARY HOUSES SLIDES AND PHOTOGRAPHS REPRESENTING ART AND ART-RELATED SUBJECTS, INCLUDING ARCHITECTURE AND ARCHAEOLOGY. STUDENTS WHO ARE WRITING PAPERS OR CREATING PROJECTS ON ART-RELATED TOPICS CAN MAKE RESEARCH CONSULTATIONS BY APPOINTMENT. THE ART SLIDE LIBRARY ALSO PROVIDES SCANNING SERVICES FOR FACULTY WHO NEED DIGITAL IMAGES OF VISUAL CULTURE FOR TEACHING. THE HAFFENREFFER MUSEUM OF ANTHROPOLOGY IS A UNIVERSITY TEACHING MUSEUM WITH COLLECTIONS OF ETHNOGRAPHIC AND ARCHAEOLOGICAL ARTIFACTS AND ACTIVE PUBLIC EXHIBITIONS AND EDUCATION PROGRAMS. A CENTRAL FEATURE OF THE MUSEUM'S MISSION IS TO INSTRUCT STUDENTS AT ALL LEVELS IN COURSES AS WELL AS THROUGH ACTIVITIES ENHANCING THE VALUE OF ITS COLLECTIONS BY RESPONSIBLE, CAREFUL FIELD-DOCUMENTED COLLECTING. SCHEDULE D, PART IV, LINE 2B THE UNIVERSITY ACTS AS THE FISCAL AGENT FOR FUNDS RELATED TO UNIVERSITY AFFILIATED PROGRAMS. THE UNIVERSITY DOES NOT OWN THE FUNDS ASSOCIATED WITH THESE PROGRAMS. SCHEDULE D, PART V, LINE 4 THE UNIVERSITY'S ENDOWMENT INCOME HELPS FINANCE VITAL ACTIVITIES, INCLUDING UNDERGRADUATE STUDENT SCHOLARSHIPS, PROFESSORSHIPS, LECTURESHIPS, GRADUATE STUDENT FELLOWSHIPS, LIBRARY ACQUISITIONS, THE DIVISION OF BIOLOGY AND MEDICINE, ACADEMIC PROGRAMS, ATHLETICS, AND BUILDING MAINTENANCE. SCHEDULE D, PART X, LINE 2 THE UNIVERSITY IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED, AND IS GENERALLY EXEMPT FROM INCOME TAXES. THE UNIVERSITY ASSESSES UNCERTAIN TAX POSITIONS AND DETERMINED THAT THERE ARE NO SUCH POSITIONS THAT HAVE A MATERIAL EFFECT ON THE FINANCIAL STATEMENTS.

Schedule D (Form 990) 2022

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE E(Form 990)

Department of the Treasury
Internal Revenue Service

Schools

Complete if the organization answered "Yes" on Form 990,
Part IV, line 13, or Form 990-EZ, Part VI, line 48.
Right pointing arrow large image

Attach to Form 990 or Form 990-EZ.
Right pointing arrow large image

Go to www.irs.gov/Form990EZ for the latest information.

OMB No. 1545-0047 2023Open to Public Inspection

Name of the organization

BROWN UNIVERSITY

Employer identification number

05-0258809

Part I

YES

Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws,

other governing instrument, or in a resolution of its governing body? . . . . . . . . . . . . . . . . . .

Yes

Does the organization include a statement of its racially nondiscriminatory policy toward students in all its

brochures, catalogues, and other written communications with the public dealing with student admissions,

programs, and scholarships? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

Has the organization publicized its racially nondiscriminatory policy on its primary publicly accessible Internet homepage at

all times during its taxable year in a manner reasonably expected to be noticed by visitors to the homepage, or through

newspaper or broadcast media during the period of solicitation for students, or during the registration period if it has no

solicitation program, in a way that makes the policy known to all parts of the general community it serves? If "Yes," please

describe. If "No," please explain. If you need more space use Part II. . . . . . . . . . . . . . . . . . .

Does the organization maintain the following?

Records indicating the racial composition of the student body, faculty, and administrative staff? . . . . . . . . .

Yes

Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory

basis? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

Copies of all catalogues, brochures, announcements, and other written communications to the public dealing

with student admissions, programs, and scholarships? . . . . . . . . . . . . . . . . . . . . . . .

Yes

Copies of all material used by the organization or on its behalf to solicit contributions? . . . . . . . . . . . .

Yes

If you answered "No" to any of the above, please explain. If you need more space, use Part II.

Does the organization discriminate by race in any way with respect to:

Students' rights or privileges? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Admissions policies? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Employment of faculty or administrative staff? . . . . . . . . . . . . . . . . . . . . . . . . .

Scholarships or other financial assistance? . . . . . . . . . . . . . . . . . . . . . . . . . .

Educational policies? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Use of facilities? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Athletic programs? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Other extracurricular activities? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If you answered "Yes" to any of the above, please explain. If you need more space, use Part II.

Does the organization receive any financial aid or assistance from a governmental agency? . . . . . . . . . .

Yes

Has the organization's right to such aid ever been revoked or suspended? . . . . . . . . . . . . . . . .

If you answered "Yes" to either line 6a or line 6b, explain on Part II.

Does the organization certify that it has complied with the applicable requirements of sections 4.01 through 4.05

of Rev. Proc. 75-50, 1975-2 C.B. 587, as modified by Rev. Proc. 2019-22, 2019-22 I.R.B. 1260, covering racial nondiscrimination? If "No," explain on Part II. . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 50085D

Schedule E (Form 990) (2023)

Page 2

Part II

Supplemental Information. Provide the explanations required by Part I, lines 3, 4d, 5h, 6b, and 7, as applicable. Also provide
any other additional information. See instructions.

Return Reference

Explanation

RACIALLY NONDISCRIMINATORY POLICY

PART I, LINE 3 THE UNIVERSITY'S POLICY ON NON-DISCRIMINATION IS MADE AVAILABLE ON ITS WEBSITE. THE UNIVERSITY DOES NOT DISCRIMATE ON THE BASIS OF SEX, RACE, COLOR, RELIGION, DISABILITY, STATUS AS A VETERAN, NATIONAL OR ETHNIC ORIGIN, SEXUAL ORIENTATION, GENDER IDENTITY OR GENDER EXPRESSION, IN THE ADMINSTATION OF ITS EDUCATION POLICIES, ADMISSIONS POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, OR OTHER SCHOOL-ADMINISTERED PROGRAMS. IN ADDITION, THE UNIVERSITY SATISFIES THE PUBLICITY REQUIREMENT OF SECTION 4.03 OF REV. PROC. 1975-50 BECAUSE THE UNIVERSITY CUSTOMARILY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS NATIONWIDE AND WORLDWIDE AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS. GOVERNMENT FINANCIAL AID PART I, LINE 6 THE UNIVERSITY RECEIVED FUNDS FROM VARIOUS GOVERNMENTAL AGENCIES FOR THE PURPOSE OF PROVIDING FINANCIAL ASSISTANCE TO QUALIFIED RECIPIENTS AND TO SUPPORT SPONSORED RESEARCH.

Schedule E (Form 990) (2023)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE F(Form 990)

Department of the Treasury
Internal Revenue Service

Statement of Activities Outside the United States

Complete if the organization answered "Yes" to Form 990, Part IV, line 14b, 15, or 16. Right arrow

Attach to Form 990. Right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public Inspection

Name of the organization
BROWN UNIVERSITY

Employer identification number

05-0258809

Part I

General Information on Activities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 14b.

For grantmakers. Does the organization maintain records to substantiate the amount of its grants and

other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used

to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.

Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)

(a) Region		(d) Activities conducted in region (by type) (such as, fundraising, program services, investments, grants to recipients located in the region)	(e) If activity listed in (d) is a program service, describe specific type of service(s) in the region	(f) Total expenditures for and investments in the region
	Antarctica	Program Services	RESEARCH /STUDY ABROAD	6,375
	Central America and the Caribbean	Program Services	RESEARCH /STUDY ABROAD	142,927
	East Asia and the Pacific	Program Services	RESEARCH /STUDY ABROAD	1,177,561
	Europe (Including Iceland and Greenland)	Program Services	RESEARCH /STUDY ABROAD	4,404,054
	Middle East and North Africa	Program Services	RESEARCH /STUDY ABROAD	202,856
	North America	Program Services	RESEARCH /STUDY ABROAD	702,789
	Russia and the Newly Independent States	Program Services	RESEARCH /STUDY ABROAD	1,728
	South America	Program Services	RESEARCH /STUDY ABROAD	367,775
	South Asia	Program Services	RESEARCH /STUDY ABROAD	99,998
	Sub-Saharan Africa	Program Services	RESEARCH /STUDY ABROAD	372,829
	East Asia and the Pacific	Grantmaking		1,054,969
	Europe (Including Iceland and Greenland)	Grantmaking		348,728
	North America	Grantmaking		375,775
	South America	Grantmaking		40,368
	South Asia	Grantmaking		41,161
	Sub-Saharan Africa	Grantmaking		1,302,980
	Central America and the Caribbean	Investments		3,357,572,854
	Europe (Including Iceland and Greenland)	Investments		249,408,642
	Sub-Saharan Africa	Investments		138,527,543
3a	Sub-total ....			3,368,215,727
b	Total from continuation sheets to Part I ...			387,936,185
c	Totals (add lines 3a and 3b)			3,756,151,912

For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2023

Schedule F (Form 990) 2023

Page 2

Part II

Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.

(c) Region	(d) Purpose of grant	(e) Amount of cash grant	(i) Method of valuation (book, FMV, appraisal, other)
East Asia and the Pacific	SUBCONTRACT GRANT	17,700	FMV
Sub-Saharan Africa	SUBCONTRACT GRANT	137,163	FMV
South America	SUBCONTRACT GRANT	19,500	FMV
North America	SUBCONTRACT GRANT	25,000	FMV
Europe (Including Iceland and Greenland)	SUBCONTRACT GRANT	5,760	FMV
Sub-Saharan Africa	SUBCONTRACT GRANT	49,592	FMV
South America	SUBCONTRACT GRANT	20,868	FMV
East Asia and the Pacific	SUBCONTRACT GRANT	13,942	FMV
South Asia	SUBCONTRACT GRANT	41,161	FMV
Europe (Including Iceland and Greenland)	SUBCONTRACT GRANT	47,345	FMV
Europe (Including Iceland and Greenland)	SUBCONTRACT GRANT	171,144	FMV
Sub-Saharan Africa	SUBCONTRACT GRANT	45,716	FMV
Europe (Including Iceland and Greenland)	SUBCONTRACT GRANT	11,750	FMV
East Asia and the Pacific	SUBCONTRACT GRANT	12,503	FMV
Sub-Saharan Africa	SUBCONTRACT GRANT	391,140	FMV
East Asia and the Pacific	SUBCONTRACT GRANT	26,831	FMV
East Asia and the Pacific	SUBCONTRACT GRANT	488,788	FMV
Sub-Saharan Africa	SUBCONTRACT GRANT	15,236	FMV
Europe (Including Iceland and Greenland)	SUBCONTRACT GRANT	74,749	FMV
North America	SUBCONTRACT GRANT	31,934	FMV
Sub-Saharan Africa	SUBCONTRACT GRANT	77,139	FMV
East Asia and the Pacific	SUBCONTRACT GRANT	78,270	FMV
North America	SUBCONTRACT GRANT	31,075	FMV
East Asia and the Pacific	SUBCONTRACT GRANT	174,997	FMV
Sub-Saharan Africa	SUBCONTRACT GRANT	147,265	FMV
Sub-Saharan Africa	SUBCONTRACT GRANT	35,724	FMV
Sub-Saharan Africa	SUBCONTRACT GRANT	384,005	FMV
Sub-Saharan Africa	SUBCONTRACT GRANT	20,000	FMV
Europe (Including Iceland and Greenland)	SUBCONTRACT GRANT	36,081	FMV
East Asia and the Pacific	SUBCONTRACT GRANT	13,244	FMV
East Asia and the Pacific	SUBCONTRACT GRANT	12,319	FMV
North America	SUBCONTRACT GRANT	264,571	FMV
North America	SUBCONTRACT GRANT	20,806	FMV
Sub-Saharan Africa	SUBCONTRACT GRANT	212,993	FMV

2	Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .......	34
3	Enter total number of other organizations or entities .......................

Schedule F (Form 990) 2023

Schedule F (Form 990) 2023Page 3

Part III

Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 16.

Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance		(b) Region	(c) Number of recipients	(d) Amount of cash grant	(e) Manner of cash disbursement	(f) Amount of noncash assistance	(g) Description of noncash assistance	(h) Method of valuation (book, FMV, appraisal, other)

Schedule F (Form 990) 2023

Page 4

Part IV

Foreign Forms

Schedule F (Form 990) 2023

Page 5

Part V

Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information. See instructions.

ReturnReference	Explanation
PART I, LINE 2	Brown University's Office of Sponsored Projects is responsible for monitoring the use of grant funds pursuant to established policies and procedures. These policies and procedures cover grants made both within and outside the U.S.
PART I, LINE 3, COLUMN F	THE ORGANIZATION REVIEWS ALL FOREIGN WIRE INFORMATION, INTERNATIONAL TRAVEL EXPENSES, AND FOREIGN EXPENDITURES, BASED ON THE CAPABILITIES OF ITS ACCOUNTING SYSTEMS, TO DETERMINE THE AMOUNTS REPORTED ON SCHEDULE F.

Schedule F (Form 990) 2023

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE G (Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information Regarding
Fundraising or Gaming Activities

Complete if the organization answered "Yes" on Form 990, Part IV, lines 17, 18, or 19, or if the organization entered more than $15,000 on Form 990-EZ, line 6a. right arrow

Attach to Form 990 or Form 990-EZ.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public Inspection

Name of the organization
BROWN UNIVERSITY

Employer identification number

05-0258809

Part I

Fundraising Activities.Complete if the organization answered "Yes" on Form 990, Part IV, line 17.

Form 990-EZ filers are not required to complete this part.

Indicate whether the organization raised funds through any of the following activities. Check all that apply.

a	Mail solicitations	e	Solicitation of non-government grants
b	Internet and email solicitations	f	Solicitation of government grants
c	Phone solicitations	g	Special fundraising events
d	In-person solicitations

Did the organization have a written or oral agreement with any individual (including officers, directors, trustees

or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?

YesNo

If "Yes," list the 10 highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization.

(i) Name and address of individual or entity (fundraiser)	(iii) Did fundraiser have custody or control of contributions?
	Yes	No










Total . . . . . . . . . . . . . . . . . . . .

List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing.

AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 50083H

Schedule G (Form 990) 2023

Page 2

Part II

Fundraising Events. Complete if the organization answered "Yes" on Form 990, Part IV, line 18, or reported more than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.

		(a) Event #1 BROWN BEAR GOLF (event type)	(b) Event #2 GOLF OUTING (event type)	(c) Other events 2 (total number)	(d) Total events (add col. (a) through col. (c))
1	Gross receipts . . . . .	86,751	10,216	0	96,967
2	Less: Contributions . . . .	33,422		0	33,422
3	Gross income (line 1 minus line 2) . . . . . .	53,329	10,216	0	63,545

4	Cash prizes . . . . .
5	Noncash prizes . . . .
6	Rent/facility costs . . . .
7	Food and beverages . . .
8	Entertainment . . . .
9	Other direct expenses . . .	88,270	88,270
10	Direct expense summary. Add lines 4 through 9 in column (d) . . . . . . . . . .		88,270
11	Net income summary. Subtract line 10 from line 3, column (d). . . . . . . . . .		-24,725

Part III

Gaming. Complete if the organization answered "Yes" on Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.

		(a) Bingo	(b) Pull tabs/Instant bingo/progressive bingo	(c) Other gaming	(d) Total gaming (add col.(a) through col.(c))
1	Gross revenue . . . . .

2	Cash prizes . . . . .
3	Noncash prizes . . . .
4	Rent/facility costs . . . .
5	Other direct expenses . . .

Volunteer labor . . . .

	Yes %
	No

	Yes %
	No

	Yes %
	No

Direct expense summary. Add lines 2 through 5 in column (d) . . . . . . . . . . right arrow

Net gaming income summary. Subtract line 7 from line 1, column (d). . . . . . . . . right arrow

Enter the state(s) in which the organization conducts gaming activities:

Is the organization licensed to conduct gaming activities in each of these states? . . . . . . . .

YesNo

If "No," explain:

10a

Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? . . .

YesNo

If "Yes," explain:

Schedule G (Form 990) 2023

Page 3

Does the organization conduct gaming activities with nonmembers? . . . . . . . . . . .

YesNo

Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity

formed to administer charitable gaming? . . . . . . . . . . . . . . . . .

YesNo

Indicate the percentage of gaming activity conducted in:

The organization's facility . . . . . . . . . . . . . . . . . .

13a

An outside facility . . . . . . . . . . . . . . . . . . . .

13b

Enter the name and address of the person who prepares the organization's gaming/special events books and records:

Name

Address

15a

Does the organization have a contract with a third party from whom the organization receives gaming

revenue? . . . . . . . . . . . . . . . . . . . . . . . .

YesNo

If "Yes," enter the amount of gaming revenue received by the organization right arrow

$ and the

amount of gaming revenue retained by the third party right arrow

$ .

If "Yes," enter name and address of the third party:

Name

Address

Gaming manager information:

Name

Gaming manager compensation right arrow

Description of services provided right arrow

Director/officer Employee Independent contractor

Mandatory distributions:

Is the organization required under state law to make charitable distributions from the gaming proceeds to

retain the state gaming license? . . . . . . . . . . . . . . . . . . .

YesNo

Enter the amount of distributions required under state law distributed to other exempt organizations or spent

in the organization's own exempt activities during the tax year right arrow

Part IV

Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v); and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also provide any additional information. See instructions.

Return Reference	Explanation

Schedule G (Form 990) 2023

Additional Data

Software ID:
Software Version:

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule I
(Form 990)

Department of the Treasury
Internal Revenue Service

Grants and Other Assistance to Organizations,
Governments and Individuals in the United States

Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet

Attach to Form 990.
lBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2023

Open to Public
Inspection

Name of the organization
BROWN UNIVERSITY

Employer identification number
05-0258809

Part I

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................

Yes No

Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.

Part II

Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient

that received more than $5,000. Part II can be duplicated if additional space is needed.

(a) Name and address of organization or government	(b) EIN	(c) IRC section (if applicable)	(d) Amount of cash grant	(f) Method of valuation (book, FMV, appraisal, other)	(h) Purpose of grant or assistance
(1) 21ST CENTURY PARTNERSHIP FOR STEM EDUCATION THE 375 E ELM ST STE 215 CONSHOHOCKEN,PA19428	26-1164919	501(C)(3)	29,787	FMV	SUBCONTRACT GRANT
(2) ADCARE EDUCATIONAL INSTITUTE INC 5 NORTHAMPTON ST WORCESTER,MA01605	04-2418109	501(C)(3)	75,000	FMV	SUBCONTRACT GRANT
(3) ADELPHI UNIVERSITY 1 S AVE LEVERMORE GARDEN CITY,NY11530	11-1630741	501(C)(3)	73,289	FMV	SUBCONTRACT GRANT
(4) ALBERT EINSTEIN COLLEGE OF MEDICINE 1300 MORRIS PARK AVE BRONX,NY10461	83-0621846	501(C)(3)	78,239	FMV	SUBCONTRACT GRANT
(5) ALLIANCE FOR GLOBAL JUSTICE THE 225 EAST 26TH - SUITE 1 TUCSON,AZ85713	52-2094677	501(C)(3)	22,200	FMV	SUBCONTRACT GRANT
(6) AMERICAN HEALTH CARE ASSOCIATION 1201 L ST NW WASHINGTON,DC20005	53-0260105	501(C)(6)	941,293	FMV	SUBCONTRACT GRANT
(7) AMERICAN UNIVERSITY- SPONSORS 4400 MASSACHUSETTS AVE WASHINGTON,DC20016	53-0196549	501(C)(3)	255,931	FMV	SUBCONTRACT GRANT
(8) AMGA ANALYTICS LLC ONE PRINCE STREET ALEXANDRIA,VA22314	54-2020131		80,271	FMV	SUBCONTRACT GRANT
(9) AMOS HOUSE 460 PINE STREET PROVIDENCE,RI02907	05-0387218	501(C)(3)	93,689	FMV	SUBCONTRACT GRANT
(10) AUTISM PROJECT THE 1516 ATWOOD AVENUE JOHNSTON,RI02912	05-0512037	501(C)(3)	7,145	FMV	SUBCONTRACT GRANT
(11) BETH ISRAEL DEACONESS MEDICAL CENTER - MASS SPECTR 3 BLACKFAN ST BOSTON,MA02115	04-2103881	501(C)(3)	174,026	FMV	SUBCONTRACT GRANT
(12) BETH ISRAEL DEACONESS MEDICAL CENTER - RESEARCH FI 330 BROOKLINE AVE BOSTON,MA02215	04-2103881	501(C)(3)	166,019	FMV	SUBCONTRACT GRANT
(13) BINGHAMTON UNIVERSITY 4400 VESTAL PKWY E BINGHAMTON,NY13902	16-6053710	501(C)(3)	42,015	FMV	SUBCONTRACT GRANT
(14) BOARD OF REGENTS OF THE UNIVERSITY OF WISCONSIN ON 432 N LAKE ST MADISON,WI53706	37-1625460	501(C)(3)	20,658	FMV	SUBCONTRACT GRANT
(15) BOARD OF TRUSTEES OF THE UNIVERSITY OF ILLINOIS 506 S WRIGHT STREET URBANA,IL61801	37-6000511	501(C)(3)	283,325	FMV	SUBCONTRACT GRANT
(16) BOSTON COLLEGE- PROVOST OFFICE 140 COMMONWEALTH AV CHESTNUT HILL,MA02467	04-2103545	501(C)(1)	5,953	FMV	SUBCONTRACT GRANT
(17) BOSTON MEDICAL CENTER CORPORATION 88 EAST NEWTON STREET BOSTON,MA02118	04-3314093	501(C)(3)	358,501	FMV	SUBCONTRACT GRANT
(18) BRADLEY HOSPITAL - RESEARCH ADMINISTRATION 167 POINT STREET PROVIDENCE,RI02903	05-0258806	501(C)(3)	159,074	FMV	SUBCONTRACT GRANT
(19) BRANDEIS UNIVERSITY - SPONSORED PROGRAMS ACCOUNT 415 SOUTH STREET MS 126 WALTHAM,MA02453	04-2103552	501(C)(3)	147,589	FMV	SUBCONTRACT GRANT
(20) BRIGHAM & WOMEN'S HOSPITAL INC THE 75 FRANCIS STREET BOSTON,MA02115	04-2921338	501(C)(3)	65,424	FMV	SUBCONTRACT GRANT
(21) BRIGHAM AND WOMEN'S HOSPITAL RESEARCH FIN PO BOX 3887 BOSTON,MA02241	04-2921338	501(C)(3)	445,561	FMV	SUBCONTRACT GRANT
(22) BRYANT UNIVERSITY - OFFICE OF THE BURSAR 1150 DOUGLAS PIKE SMITHFIELD,RI02917	05-0258810	501(C)(3)	34,692	FMV	SUBCONTRACT GRANT
(23) BUCK INSTITUTE RESEARCH FOR AGING THE 8001 REDWOOD BLVD NOVATO,CA94945	94-3030609	501(C)(3)	29,822	FMV	SUBCONTRACT GRANT
(24) BUTLER HOSPITAL - GENERAL ACCOUNTING 345 BLACKSTONE BLVD PROVIDENCE,RI02906	05-0258812	501(C)(3)	174,373	FMV	SUBCONTRACT GRANT
(25) BUTLER HOSPITAL - GRANTS ADMINISTRATION 345 BLACKSTONE BLVD PROVIDENCE,RI02906	05-0258812	501(C)(3)	684,881	FMV	SUBCONTRACT GRANT
(26) CAL POLY POMONA FOUNDATION INC 3801 WEST TEMPLE AVENUE POMONA,CA91768	95-2417645	501(C)(3)	32,637	FMV	SUBCONTRACT GRANT
(27) CALIFORNIA INSTITUTE OF TECHNOLOGY - MC 234-6 1200 E CA BLVD MC 234-6 PASADENA,CA91125	95-1643307	501(C)(3)	549,974	FMV	SUBCONTRACT GRANT
(28) CALIFORNIA STATE UNIVERSITY SAN MARCOS CORPORATION 333 S TWN OAKS VLLY RD SAN MARCOS,CA92096	33-0397688	501(C)(3)	91,995	FMV	SUBCONTRACT GRANT
(29) CARNEGIE MELLON UNIVERSITY 5000 FORBES AVE PITTSBURGH,PA15213	25-0969449	501(C)(3)	53,888	FMV	SUBCONTRACT GRANT
(30) CARNEGIE MELLON UNIVERSITY - SPONSORED PROJECTS 5000 FORBES AVE PITTSBURGH,PA15213	25-0969449	501(C)(3)	212,943	FMV	SUBCONTRACT GRANT
(31) CASE WESTERN RESERVE UNIVERSITY 10900 EUCLID AVENUE CLEVELAND,OH44106	34-1018992	501(C)(3)	351,600	FMV	SUBCONTRACT GRANT
(32) CEDARS-SINAI MEDICAL CENTER 8700 BEVERLY BLVD LOS ANGELES,CA90048	95-1644600	501(C)(3)	75,851	FMV	SUBCONTRACT GRANT
(33) CENTER FOR SOUTHEAST ASIANS 270 ELMWOOD AVENUE PROVIDENCE,RI02907	22-2914654	501(C)(3)	12,090	FMV	SUBCONTRACT GRANT
(34) CENTRAL MICHIGAN UNIVERSITY 304 WARRINER MT PLEASANT,MI48859	38-6004447	501(C)(3)	18,720	FMV	SUBCONTRACT GRANT
(35) CHILDREN'S HOSPITAL BOSTON 300 LONGWOOD AVE BOSTON,MA02115	04-2774441	501(C)(3)	19,262	FMV	SUBCONTRACT GRANT
(36) CHILDREN'S HOSPITAL OF PHILADELPHIA THE 3401 CIVIC CNTR BLVD PHILADELPHIA,PA19104	23-1352166	501(C)(3)	450,086	FMV	SUBCONTRACT GRANT
(37) CINCINNATI CHILDREN'S HOSPITAL MEDICAL CENTER 3333 BURNET AVENUE CINCINNATI,OH45229	31-0833936	501(C)(3)	98,366	FMV	SUBCONTRACT GRANT
(38) CLEVELAND CLINIC FOUNDATION THE 9500 EUCLID AVENUE CLEVELAND,OH44195	34-0714585	501(C)(3)	13,666	FMV	SUBCONTRACT GRANT
(39) CONSORCIO INVESTIGACION SOBRE VIH SIDA TB CISIDAT 500 FIFTH AVE NORTH SEATTLE,WA98109	91-1663695	501(C)(3)	51,654	FMV	SUBCONTRACT GRANT
(40) COOPER HEALTH SYSTEM THE ONE COOPER PLAZA CAMDEN,NJ08103	21-0634463	501(C)(3)	9,480	FMV	SUBCONTRACT GRANT
(41) DANA FARBER CANCER INSTITUTE PO BOX 412846 BOSTON,MA02241	04-2263040	501(C)(3)	111,105	FMV	SUBCONTRACT GRANT
(42) DARTMOUTH COLLEGE OFFICE OF SPONSORED PROJECTS 7 LEBANON STREET HANOVER,NH03755	02-0222111	501(C)(3)	551,788	FMV	SUBCONTRACT GRANT
(43) DARTMOUTH-HITCHCOCK CLINIC 1 MEDICAL CENTER DRIVE LEBANON,NH03756	22-2519596	501(C)(3)	33,396	FMV	SUBCONTRACT GRANT
(44) DEPARTMENT OF ELEMENTARY AND SECONDARY EDUCATION 311 DANIELSON PIKE SCITUATE,RI02857	05-6000522	501(C)(3)	213,131	FMV	SUBCONTRACT GRANT
(45) DREXEL UNIVERSITY-RESEARCH ACCOUNTING SERVICES 3201 ARCH ST NO 420 PHILADELPHIA,PA19104	23-1352630	501(C)(3)	71,723	FMV	SUBCONTRACT GRANT
(46) DUKE UNIVERSITY - P O BOX 602651 324 BLACKWELL STREET DURHAM,NC27701	56-0532129	501(C)(3)	698,402	FMV	SUBCONTRACT GRANT
(47) EDUCATION DEVELOPMENT CENTER INC 300 FIFTH AVE STE 2010 WALTHAM,MA02451	04-2241718	501(C)(3)	146,906	FMV	SUBCONTRACT GRANT
(48) EL RIO SANTA CRUZ NEIGHBORHOOD HEALTH CENTER INC 450 WEST PASEO REDONDO TUSCON,AZ85745	86-0285857	501(C)(3)	15,686	FMV	SUBCONTRACT GRANT
(49) EMORY UNIVERSITY - OFFICE OF SPONSORED PROGRAMS CO 1762 CLIFTON ROAD ATLANTA,GA30322	58-0566256	501(C)(3)	454,021	FMV	SUBCONTRACT GRANT
(50) EP BRADLEY HOSPITALLIFESPAN 1011 VET MEM HWY EAST PROVIDENCE,RI02915	05-0258806	501(C)(3)	8,189	FMV	SUBCONTRACT GRANT
(51) FENWAY COMMUNITY HEALTH CENTER INC 1340 BOYLSTON STREET BOSTON,MA02115	04-2510564	501(C)(3)	359,842	FMV	SUBCONTRACT GRANT
(52) FLORIDA ATLANTIC UNIVERSITY - CASHIER'S OFFICE 777 GLADES ROAD BOCA RATON,FL33431	65-0385507	501(C)(3)	31,996	FMV	SUBCONTRACT GRANT
(53) FLORIDA HOSPITAL 601 E ROLLINS STREET ORLANDO,FL32803	59-0724459	501(C)(3)	121,176	FMV	SUBCONTRACT GRANT
(54) FLORIDA INTERNATIONAL UNIVERSITY - DIVISION OF RES 11200 SW 8TH STREET MIAMI,FL33199	65-0177616	501(C)(3)	27,198	FMV	SUBCONTRACT GRANT
(55) FOX CHASE CANCER CENTER 333 COTTMAN AVENUE PHILADELPHIA,PA19111	23-6296135	501(C)(3)	35,994	FMV	SUBCONTRACT GRANT
(56) GEORGIA STATE UNIVERSITY RESEARCH FOUNDATION 58 EDGEWOOD AVENUE NE ATLANTA,GA30302	58-1845423	501(C)(3)	56,134	FMV	SUBCONTRACT GRANT
(57) GLOUCESTER MARINE GENOMICS INSTITUTE 417 MAIN STREET GLOUCESTER,MA01930	46-3020006		70,413	FMV	SUBCONTRACT GRANT
(58) GREATER LAWRENCE FAMILY HEALTH CENTER INC 1 GRIFFIN BRK DR STE 101 METHUEN,MA01844	04-2708824	501(C)(3)	100,916	FMV	SUBCONTRACT GRANT
(59) GULF OF MAINE RESEARCH INSTITUTE 350 COMMERCIAL STREET BRUNSWICK,ME04101	01-0504905	501(C)(3)	81,022	FMV	SUBCONTRACT GRANT
(60) HARMONY TECHNOLOGY SERVICES INC 11000 SE CIRCLE 3280 KERENS,TX75144	45-4338716		7,064	FMV	SUBCONTRACT GRANT
(61) HARVARD PILGRIM HEALTH CARE 401 PARK DRIVE BOSTON,MA02215	04-2452600	501(C)(3)	394,650	FMV	SUBCONTRACT GRANT
(62) HARVARD UNIVERSITY - PRESIDENT AND FELLOWS OF HARV 1033 MASSACHUSETTS AVE CAMBRIDGE,MA02138	04-2103580	501(C)(3)	220,834	FMV	SUBCONTRACT GRANT
(63) HARVARD UNIVERSITY OFFICE OF SPONSORED RESEARCH PO BOX 415649 BOSTON,MA022415649	04-2103580	501(C)(3)	209,834	FMV	SUBCONTRACT GRANT
(64) HEALTH EDUCATION & TRAINING INSTITUTE 1065 ARMADA DR PASADENA,CA91103	46-3418410	501(C)(3)	24,856	FMV	SUBCONTRACT GRANT
(65) HEALTHPARTNERS INSTITUTE - INSTITUTE FINANCE 101 HUNTINGTON AVE BOSTON,MA02199	04-3230035	501(C)(3)	324,106	FMV	SUBCONTRACT GRANT
(66) HEBREW REHABILITATION CENTER 1200 CENTRE STREET BOSTON,MA02131	04-2104298	501(C)(3)	1,430,593	FMV	SUBCONTRACT GRANT
(67) HENNEPIN HEALTHCARE RESEARCH INSTITUTE 701 PARK AVE MINNEAPOLIS,MN55415	41-1677920	501(C)(3)	55,426	FMV	SUBCONTRACT GRANT
(68) HOWARD BROWN HEALTH CENTER 4025 NORTH SHERIDAN CHICAGO,IL60613	36-2894128	501(C)(3)	7,959	FMV	SUBCONTRACT GRANT
(69) ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI 1 GUSTAVE L LEVEY PL NEW YORK,NY10029	13-6171197	501(C)(3)	367,624	FMV	SUBCONTRACT GRANT
(70) IMAGING SYSTEMS AND SERVICE INC 143 BURTON STREET PAINESVILLE,OH44060	34-1970207		211,967	FMV	SUBCONTRACT GRANT
(71) INDIANA UNIVERSITY - OFFICE OF RESEARCH ADMINISTRA 400 E 7TH STREET BLOOMINGTON,IN47405	35-6001673	501(C)(3)	1,193,432	FMV	SUBCONTRACT GRANT
(72) INNOVATIONS FOR POVERTY ACTION 1701 RHODE ISLAND WASHINGTON,DC20036	06-1660068		142,273	FMV	SUBCONTRACT GRANT
(73) INTEGRA COMMUNITY CARE NETWORK LLC 4 RICHMOND SQ 4TH FL PROVIDENCE,RI02906	47-0967971		24,500	FMV	SUBCONTRACT GRANT
(74) INTERMOUNTAIN HEALTHCARE 36 S STATE ST SALT LAKE CITY,UT84111	94-2854057	501(C)(3)	25,708	FMV	SUBCONTRACT GRANT
(75) JACOBS ENGINEERING GROUP INC 1100 N GLEBE RD STE 500 ARLINGTON,VA22201	95-4081636		34,620	FMV	SUBCONTRACT GRANT
(76) JOHNS HOPKINS UNIVERSITY 3910 KESWICK ROAD BALTIMORE,MD21211	52-0595110	501(C)(3)	268,556	FMV	SUBCONTRACT GRANT
(77) JOHNS HOPKINS UNIVERSITY - SCHOOL OF HYGIENE AND P 3910 KESWICK ROAD BALTIMORE,MD21211	52-0595110	501(C)(3)	176,313	FMV	SUBCONTRACT GRANT
(78) JOSLIN DIABETES CENTER INC ONE JOSLIN PLACE BOSTON,MA02215	04-2203836	501(C)(3)	22,161	FMV	SUBCONTRACT GRANT
(79) KAISER FOUNDATION HOSPITALS CENTER FOR HEALTH RE 1800 HARRISON STREET OAKLAND,CA94612	94-1105628	501(C)(3)	537,167	FMV	SUBCONTRACT GRANT
(80) KENT COUNTY MEMORIAL HOSPITAL 455 TOLL GATE ROAD WARWICK,RI02886	05-0258896	501(C)(3)	55,627	FMV	SUBCONTRACT GRANT
(81) KUMC RESEARCH INSTITUTE INC 3901 RAINBOW BLVD KANSAS CITY,KS66160	48-1108830	501(C)(3)	33,910	FMV	SUBCONTRACT GRANT
(82) LAWRENCE LIVERMORE NATIONAL LABORATORY 7000 EAST AVENUE LIVERMORE,CA94550	20-5624386	501(C)(3)	200,000	FMV	SUBCONTRACT GRANT
(83) LOS ANGELES LGBT CENTER PO BOX 2988 LOS ANGELES,CA90078	95-3567895	501(C)(3)	35,016	FMV	SUBCONTRACT GRANT
(84) LOUISIANA STATE UNIVERSITY HEALTH SCIENCES CENTER 1124 W CARSON ST TORRANCE,CA90502	95-2138184	501(C)(3)	171,880	FMV	SUBCONTRACT GRANT
(85) MASSACHUSETTS EYE AND EAR 55 FRUIT STREET BOSTON,MA02114	04-1564655	501(C)(3)	37,496	FMV	SUBCONTRACT GRANT
(86) MASSACHUSETTS GENERAL HOSPITAL - RESEARCH CORE SPE 55 FRUIT STREET BOSTON,MA02114	04-1564655	501(C)(3)	280,282	FMV	SUBCONTRACT GRANT
(87) MASSACHUSETTS GENERAL HOSPITAL - RESEARCH FINANCE 55 FRUIT STREET BOSTON,MA02114	04-1564655	501(C)(3)	285,927	FMV	SUBCONTRACT GRANT
(88) MASSACHUSETTS INSTITUTE OF TECHNOLOGY - CASHIER'S 77 MASSACHUSETTS AVE CAMBRIDGE,MA02139	04-2103594	501(C)(3)	353,235	FMV	SUBCONTRACT GRANT
(89) MASSACHUSETTS INSTITUTE OF TECHNOLOGY - SPONSORED 7 MASSACHUSETTS AVE CAMBRIDGE,MA02139	04-2103594	501(C)(3)	349,310	FMV	SUBCONTRACT GRANT
(90) MATHEMATICAL SCIENCES RESEARCH INSTITUTE 17 GAUSS WAY BERKELEY,CA94720	94-2650833	501(C)(3)	40,029	FMV	SUBCONTRACT GRANT
(91) MEALS ON WHEELS AMERICA 1550 CRYSTAL DR ARLINGTON,VA22202	23-7447812	501(C)(3)	140,088	FMV	SUBCONTRACT GRANT
(92) MEDICAL UNIVERSITY OF SOUTH CAROLINA 1 S PK CIR BLDG 1 CHARLESTON,SC29407	57-6000722	501(C)(3)	36,260	FMV	SUBCONTRACT GRANT
(93) MGH INSTITUTE OF HEALTH PROFESSIONS THE 36 1ST AVENUE CHARLESTOWN,MA02129	04-2868893	501(C)(3)	27,711	FMV	SUBCONTRACT GRANT
(94) MIAMI UNIVERSITY PO BOX 248106 CORAL GABLES,FL33124	59-0624458	501(C)(3)	215,486	FMV	SUBCONTRACT GRANT
(95) MIRIAM HOSPITAL - 164 SUMMIT AVENUE 164 SUMMIT AVENUE PROVIDENCE,RI02906	05-0258905	501(C)(3)	80,695	FMV	SUBCONTRACT GRANT
(96) MIRIAM HOSPITAL - LIFESPAN OFFICE OF RESEARCH ADMI 167 POINT ST BOX 42 PROVIDENCE,RI02903	05-0258905	501(C)(3)	449,846	FMV	SUBCONTRACT GRANT
(97) MIRIAM HOSPITAL - RESEARCH ADMINISTRATION 167 POINT ST BOX 42 PROVIDENCE,RI02903	05-0258905	501(C)(3)	98,957	FMV	SUBCONTRACT GRANT
(98) MONTANA STATE UNIVERSITY - OFFICE OF SPONSORED PRO PO BOX 1741805 BOZEMAN,MT59717	81-6010045	501(C)(3)	18,169	FMV	SUBCONTRACT GRANT
(99) MOREHOUSE COLLEGE 830 WESTVIEW DR SW ATLANTA,GA30314	58-0566205	501(C)(3)	35,376	FMV	SUBCONTRACT GRANT
(100) MYSTIC SEAPORT MUSEUM INC 75 GREENMANVILLE AVENUE MYSTIC,CT06335	06-0653120	501(C)(3)	833,722	FMV	SUBCONTRACT GRANT
(101) NEW YORK UNIVERSITY SCHOOL OF MEDICINE 550 1ST AVERNUE NEW YORK,NY10016	37-1592643	501(C)(3)	523,785	FMV	SUBCONTRACT GRANT
(102) NEW YORK UNIVERSITY- SPONSORED PROGRAMS ADMINISTRA PO BOX 5166 NEW YORK,NY10087	13-5562308	501(C)(3)	392,622	FMV	SUBCONTRACT GRANT
(103) NORTHEASTERN UNIVERSITY 633 CLARK STREET EVANSTON,IL60208	36-2167817	501(C)(3)	10,525	FMV	SUBCONTRACT GRANT
(104) NORTHWESTERN UNIVERSITY - 750 N LAKESHORE DRIVE 633 CLARK STREET EVANSTON,IL60208	36-2167817	501(C)(3)	342,993	FMV	SUBCONTRACT GRANT
(105) NORTHERN ARIZONA UNIVERSITY 525 S BEAVER ST FLAGSTAFF,AZ86011	74-2579628	501(C)(3)	5,259	FMV	SUBCONTRACT GRANT
(106) NYC DEPARTMENT OF HEALTH AND MENTAL HYGIENE 42-09 28TH ST LONG ISLAND CITY,NY11101	13-6400434		29,519	FMV	SUBCONTRACT GRANT
(107) OCEAN STATE RESEARCH INSTITUTE 830 CHALKSTONE AVENUE PROVIDENCE,RI02908	15-0440574	501(C)(3)	56,999	FMV	SUBCONTRACT GRANT
(108) OHIO STATE UNIVERSITY THE- OFFICE OF SPONSORED PR 1960 KENNY ROAD COLUMBUS,OH43210	31-6025986	501(C)(3)	39,517	FMV	SUBCONTRACT GRANT
(109) OREGON HEALTH & SCIENCE UNIVERSITY 1121 SW SALMON STREET PORTLAND,OR97205	23-7083114	501(C)(3)	219,952	FMV	SUBCONTRACT GRANT
(110) OREGON STATE UNIVERSITY- CASHIER'S OFFICE PO BOX 1086 CIRVALLIS,OR97339	61-1730890	501(C)(3)	18,019	FMV	SUBCONTRACT GRANT
(111) PENNSYLVANIA STATE UNIVERSITY - OFFICE OF SPONSORE 110 TECH CNTR UNIVERISTY PARK,PA16802	24-6000376	501(C)(3)	242,833	FMV	SUBCONTRACT GRANT
(112) PLANETARY SCIENCE INSTITUTE 1700 E FORT LOWELL RD TUCSON,AZ85719	33-0175263	501(C)(3)	23,393	FMV	SUBCONTRACT GRANT
(113) POWERHOUSE CONSULTING GROUP 9011 CHEVROLET DR ELLICOTT CITY,MD21042	20-4668325		91,039	FMV	SUBCONTRACT GRANT
(114) PRESIDENT & TRUSTEES OF WILLIAMS COLLEGE P O BOX 67 WILLIAMSTOWN,MA01267	04-2104847	501(C)(3)	257,026	FMV	SUBCONTRACT GRANT
(115) PROJECT WEBERRENEW 640 BROAD STREET PROVIDENCE,RI02907	46-0964136	501(C)(3)	21,412	FMV	SUBCONTRACT GRANT
(116) PROMEDICA TOLEDO HOSPITAL 2142 N COVE BOULEVARD TOLEDO,OH42606	34-4428256	501(C)(3)	10,186	FMV	SUBCONTRACT GRANT
(117) PURDUE UNIVERSITY- SPONSORED PROGRAM SERVICES 155 S GRANT ST WEST LAFAYETTE,IN47907	35-6002041	501(C)(3)	24,379	FMV	SUBCONTRACT GRANT
(118) RAND CORPORATION THE 1776 MAIN STREET SANTA MONICA,CA90407	95-1958142		12,606	FMV	SUBCONTRACT GRANT
(119) RECTOR AND VISITORS OF THE UNIVERSITY OF VIRGINIA 210 SPRIGG LN CHARLOTTESVILLE,VA22903	54-6001796		75,943	FMV	SUBCONTRACT GRANT
(120) REGENTS OF THE UNIVERSITY OF CALIFORNIA BERKELEY 1608 FOURTH STREET BERKELEY,CA94710	94-6002123	501(C)(3)	58,512	FMV	SUBCONTRACT GRANT
(121) REGENTS OF THE UNIVERSITY OF CALIFORNIA IRVINE TH 120 THEORY - SUITE 200 IRVINE,CA92697	95-2226406	501(C)(3)	126,080	FMV	SUBCONTRACT GRANT
(122) REGENTS OF THE UNIVERSITY OF CALIFORNIA DAVIS 1 SHIELDS AVENUE DAVIS,CA95616	94-6036494	501(C)(3)	126,703	FMV	SUBCONTRACT GRANT
(123) REGENTS OF THE UNIVERSITY OF CALIFORNIA THE - SAN 3333 CALIFORNIA ST SAN FRANCISCO,CA94143	94-6036493	501(C)(3)	203,371	FMV	SUBCONTRACT GRANT
(124) REGENTS OF THE UNIVERSITY OF MICHIGAN 500 S STATE STREET ANN ARBOR,MI48109	38-6006309	501(C)(3)	1,162,370	FMV	SUBCONTRACT GRANT
(125) REGENTS OF THE UNIVERSITY OF MICHIGAN THE - OFFIC 500 S STATE STREET ANN ARBOR,MI48109	38-6006309	501(C)(3)	434,054	FMV	SUBCONTRACT GRANT
(126) REGENTS OF UNIVERSITY OF CALIFORNIA 111 FRANKLIN ST 12TH FL OAKLAND,CA94607	94-3067788	501(C)(3)	428,558	FMV	SUBCONTRACT GRANT
(127) RENSSELAER POLYTECHNIC INSTITUTE 110 8TH STREET TROY,NY12180	14-1340095	501(C)(1)	116,093	FMV	SUBCONTRACT GRANT
(128) RESEARCH FOUNDATION FOR STATE UNIVERSITY OF NEW YO PO BOX 9 ALBANY,NY12201	14-1368361	501(C)(3)	158,194	FMV	SUBCONTRACT GRANT
(129) RESEARCH FOUNDATION OF CUNY 230 W 41ST STREET NEW YORK,NY10036	13-1988190	501(C)(3)	135,147	FMV	SUBCONTRACT GRANT
(130) RESULTS FOR AMERICA 1701 RHODE ISL AVE NW WASHINGTON,DC20036	81-2709681	501(C)(3)	106,247	FMV	SUBCONTRACT GRANT
(131) RHODE ISLAND COLLEGE - 600 MOUNT PLEASANT AVENUE 600 MT PLEASANT AVE PROVIDENCE,RI02908	05-6016315	501(C)(3)	71,812	FMV	SUBCONTRACT GRANT
(132) RHODE ISLAND DEPARTMENT OF HEALTH - FINANCIAL MANA 3 CAPITOL HILL PROVIDENCE,RI02908	05-6000522	501(C)(3)	167,814	FMV	SUBCONTRACT GRANT
(133) RHODE ISLAND FREE CLINIC INC 655 BROAD STREET PROVIDENCE,RI02907	05-0501276	501(C)(3)	111,000	FMV	SUBCONTRACT GRANT
(134) RHODE ISLAND HOSPITAL - 1 HOPPIN ST SUITE 4200 593 EDDY STREET PROVIDENCE,RI02903	05-0258954	501(C)(3)	98,198	FMV	SUBCONTRACT GRANT
(135) RHODE ISLAND HOSPITAL - LIFESPAN OFFICE OF RESEARC 167 POINT STREET PROVIDENCE,RI02903	05-0258954	501(C)(3)	162,084	FMV	SUBCONTRACT GRANT
(136) RHODE ISLAND HOSPITAL - OFFICE OF RESEARCH ADMINIS 167 POINT STREET PROVIDENCE,RI02903	05-0258954	501(C)(3)	3,024,026	FMV	SUBCONTRACT GRANT
(137) RHODE ISLAND PARENT INFORMATION NETWORK INC 300 JEFFERSON BLVD WARWICK,RI02888	05-0457336	501(C)(3)	99,550	FMV	SUBCONTRACT GRANT
(138) RHODE ISLAND PUBLIC HEALTH INSTITUTE 7 CENTRAL STREET PROVIDENCE,RI02907	05-0474726	501(C)(3)	423,655	FMV	SUBCONTRACT GRANT
(139) RHODE ISLAND QUALITY INSTITUTE 50 HOLDEN ST STE 300 PROVIDENCE,RI02908	75-3059336	501(C)(3)	426,442	FMV	SUBCONTRACT GRANT
(140) RHODE ISLAND SCHOOL OF DESIGN 2 COLLEGE ST PROVIDENCE,RI02903	05-0258956	501(C)(3)	52,795	FMV	SUBCONTRACT GRANT
(141) ROGER WILLIAMS UNIVERSITY - FINANCE OFFICE 1 OLD FERRY RD BRISTOL,RI02809	05-0277222	501(C)(3)	25,886	FMV	SUBCONTRACT GRANT
(142) ROWAN UNIVERSITY 201 MULLICA HILL ROAD GLASSBORO,NJ08028	22-2764819	501(C)(3)	34,252	FMV	SUBCONTRACT GRANT
(143) RTI INTERNATIONAL 3040 CORNWALLIS RD RES TRI PK,NC27709	56-0686338	501(C)(3)	104,232	FMV	SUBCONTRACT GRANT
(144) RUTGERS UNIVERSITY - BIOMEDICAL AND HEALTH SCIENCE 57 US HIGHWAY 1 NEW BRUNSWICK,NJ08901	22-6001086	501(C)(3)	25,470	FMV	SUBCONTRACT GRANT
(145) RUTGERS THE STATE UNIVERSITY OF NEW JERSEY - 33 K 33 KNIGHTSBRIDGE ROAD PISCATAWAY,NJ08854	22-6001086	501(C)(3)	71,069	FMV	SUBCONTRACT GRANT
(146) SAINT LOUIS UNIVERSITY - SPONSORED PROGRAMS 3700 WEST PINE MALL ST LOUIS,MO63108	43-0654872	501(C)(3)	99,640	FMV	SUBCONTRACT GRANT
(147) SALK INSTITUTE OF BIOLOGICAL STUDIES 10010 N TORREY PINES RD LA JOLLA,CA92037	95-2160097	501(C)(3)	610,174	FMV	SUBCONTRACT GRANT
(148) SAN JOSE STATE UNIVERSITY RESEARCH FOUNDATION 210 N 4TH ST 3RD FL SAN JOSE,CA95112	94-6017638	501(C)(3)	36,206	FMV	SUBCONTRACT GRANT
(149) SETI INSTITUTE 339 BERNARDO AVE MOUNTAIN VIEW,CA94043	94-2951356	501(C)(3)	24,830	FMV	SUBCONTRACT GRANT
(150) SMITH COLLEGE 10 ELM STREET NORTHHAMPTON,MA01063	04-1843040	501(C)(3)	12,071	FMV	SUBCONTRACT GRANT
(151) STANFORD UNIVERSITY - OFFICE OF SPONSORED RESEARCH 3145 PORTER DRIVE PALO ALTO,CA94304	94-1156365	501(C)(3)	453,359	FMV	SUBCONTRACT GRANT
(152) SWARTHMORE COLLEGE - BUSINESS OFFICE 500 COLLEGE AVE SWARTHMORE,PA19081	23-1352683	501(C)(3)	65,590	FMV	SUBCONTRACT GRANT
(153) TEAM WENDY LLC 17000 ST CLAIR AVE CLEVELAND,OH44110	31-1537545		21,697	FMV	SUBCONTRACT GRANT
(154) TEMPLE UNIVERSITY 1803 N BROAD STREET PHILADELPHIA,PA19122	23-1365971	501(C)(3)	267,377	FMV	SUBCONTRACT GRANT
(155) TEMPLE UNIVERSITY - TEMPLE OVPR POST-AWARD OFFICE 1803 N BROAD STREET PHILADELPHIA,PA19122	23-1365971	501(C)(3)	5,934	FMV	SUBCONTRACT GRANT
(156) TEXAS A&M ENGINEERING EXPERIMENT STATION 400 HRVY MTCH PKWY COLL STATION,TX77845	74-1974733	501(C)(3)	344,127	FMV	SUBCONTRACT GRANT
(157) TEXAS A&M-SPONSORED RESEARCH SERVICES 401 GEORGE BUSH DR COLL STATION,TX77840	74-2245072	501(C)(3)	45,154	FMV	SUBCONTRACT GRANT
(158) THE TRUSTEES OF COLUMBIA UNIVERSITY - SPONSORED PR 615 WEST 131ST STREET NEW YORK,NY10027	13-5598093	501(C)(3)	26,440	FMV	SUBCONTRACT GRANT
(159) TRUSTEES OF AMHERST COLLEGE 155 S PLEASANT ST AMHERST,MA01002	04-2103542	501(C)(3)	36,157	FMV	SUBCONTRACT GRANT
(160) TRUSTEES OF BOSTON UNIVERSITY - P O BOX 28770 881 COMMONWEALTH AVE BOSTON,MA02215	04-2103547	501(C)(3)	260,807	FMV	SUBCONTRACT GRANT
(161) TRUSTEES OF BOSTON UNIVERSITY - PO BOX 28763 PO BOX 28770 NEW YORK,NY100878770	04-2103547	501(C)(3)	413,809	FMV	SUBCONTRACT GRANT
(162) TRUSTEES OF BOSTON UNIVERSITY - RESEARCH FINANCIAL PO BOX 28763 NEW YORK,NY100878770	04-2103547	501(C)(3)	23,272	FMV	SUBCONTRACT GRANT
(163) TRUSTEES OF PRINCETON UNIVERSITY-SPONSORED RESEARC 701 CARNEGIE CENTER PRINCETON,NJ08540	21-0634501	501(C)(3)	41,375	FMV	SUBCONTRACT GRANT
(164) TUFTS MEDICAL CENTER INC 136 HARRISON AVE BOSTON,MA02111	04-2103634	501(C)(3)	92,699	FMV	SUBCONTRACT GRANT
(165) TUFTS UNIVERSITY SCHOOL OF MEDICINE 136 HARRISON AVE BOSTON,MA02111	04-2103634	501(C)(3)	5,565	FMV	SUBCONTRACT GRANT
(166) TULANE UNIVERSITY- THE ADMINISTRATORS OF THE TULAN 1555 POYDRAS ST NEW ORLEANS,LA70118	72-0423889	501(C)(3)	45,006	FMV	SUBCONTRACT GRANT
(167) US GOVERNMENT CENSUS BUREAU 4600 SILVER HILL RD WASHINGTON,DC20233	53-0204537	501(C)(3)	550,000	FMV	SUBCONTRACT GRANT
(168) UNIVERSITY CORPORATION THE 18111 NORDHOFF STREET NORTHRIDGE,CA91330	95-1992732	501(C)(3)	134,000	FMV	SUBCONTRACT GRANT
(169) UNIVERSITY OF ALABAMA AT BIRMINGHAM 1530 3RD AVE S AB-1230 BIRMINGHAM,AL35294	63-6005369	501(C)(3)	106,639	FMV	SUBCONTRACT GRANT
(170) UNIVERSITY OF ALABAMA AT BIRMINGHAM THE 1720 SECOND AVE SOUTH BIRMINGHAM,AL35294	63-6005396	501(C)(3)	12,219	FMV	SUBCONTRACT GRANT
(171) UNIVERSITY OF ARIZONA THE PO BOX 41867 TUCSON,AZ85717	74-2652689	501(C)(3)	231,443	FMV	SUBCONTRACT GRANT
(172) UNIVERSITY OF CALIFORNIA - BERKELY SPONSORED PROJE 2195 HEARST AVE BERKELEY,CA947201103	94-3067788	501(C)(3)	87,338	FMV	SUBCONTRACT GRANT
(173) UNIVERSITY OF CALIFORNIA SAN DIEGO 9500 GILMAN DRIVE LA JOLLA,CA92093	95-6006144	501(C)(3)	74,803	FMV	SUBCONTRACT GRANT
(174) UNIVERSITY OF CALIFORNIA SAN DIEGO - MC 0009 9500 GILMAN DRIVE LA JOLLA,CA92093	95-6006144	501(C)(3)	108,845	FMV	SUBCONTRACT GRANT
(175) UNIVERSITY OF CALIFORNIA SANTA BARBARA 2433 SSMS BUILDING SANTA BARBARA,CA93106	95-6006145	501(C)(3)	138,423	FMV	SUBCONTRACT GRANT
(176) UNIVERSITY OF CENTRAL FLORIDA BOARD OF TRUSTEE TH 12201 RESEARCH PKWY ORLANDO,FL32826	59-2924021	501(C)(3)	54,442	FMV	SUBCONTRACT GRANT
(177) UNIVERSITY OF CHICAGO 5801 S ELLIS AVE CHICAGO,IL60637	36-2177139	501(C)(3)	33,785	FMV	SUBCONTRACT GRANT
(178) UNIVERSITY OF CHICAGO THE 5801 S ELLIS AVE CHICAGO,IL60637	36-2177139	501(C)(3)	147,422	FMV	SUBCONTRACT GRANT
(179) UNIVERSITY OF CINCINNATI - SRS ACCOUNTING PO BOX 210222 CINCINNATI,OH45221	31-6000989	501(C)(3)	70,045	FMV	SUBCONTRACT GRANT
(180) UNIVERSITY OF COLORADO DENVER - GRANTS AND CONTRAC PO BOX 910238 DENVER,CO80291	84-6000555	501(C)(3)	49,033	FMV	SUBCONTRACT GRANT
(181) UNIVERSITY OF COLORADO BOULDER 1800 N GRANT ST DENVER,CO80203	84-6000555	501(C)(3)	81,599	FMV	SUBCONTRACT GRANT
(182) UNIVERSITY OF CONNECTICUT - OFFICE FOR SPONSORED P 438 WHITNEY RD EXT STORRS,CT06269	52-1725543	501(C)(3)	639,770	FMV	SUBCONTRACT GRANT
(183) UNIVERSITY OF CONNECTICUT HEALTH CENTER 263 FARMINGTON AVE FARMINGTON,CT06030	52-1725543	501(C)(3)	9,357	FMV	SUBCONTRACT GRANT
(184) UNIVERSITY OF CONNECTICUT HEALTH CENTER- SPONSORED 263 FARMINGTON AVE FARMINGTON,CT06030	52-1725543	501(C)(3)	33,444	FMV	SUBCONTRACT GRANT
(185) UNIVERSITY OF DELAWARE - 116 STUDENT SERVICES BUIL 220 HULLIHEN HALL NEWARK,DE19716	51-6000297	501(C)(3)	16,870	FMV	SUBCONTRACT GRANT
(186) UNIVERSITY OF FLORIDA 219 GRINTER HALL GAINESVILLE,FL32611	59-6002052	501(C)(3)	38,188	FMV	SUBCONTRACT GRANT
(187) UNIVERSITY OF ILLINOIS AT CHICAGO 809 S MARSHFIELD AVE CHICAGO,IL60612	37-6000511	501(C)(3)	19,134	FMV	SUBCONTRACT GRANT
(188) UNIVERSITY OF MARYLAND 8500 PAINT BRANCH DR COLLEGE PARK,MD20742	52-1362793	501(C)(3)	14,768	FMV	SUBCONTRACT GRANT
(189) UNIVERSITY OF MARYLAND BALTIMORE 1000 HILLTOP CIRCLE BALTIMORE,MD21250	52-6002033	501(C)(3)	165,293	FMV	SUBCONTRACT GRANT
(190) UNIVERSITY OF MASSACHUSETTS - CONTROLLERS OFFICE 100 MORRISSEY BLVD BOSTON,MA02125	04-3167352	501(C)(3)	278,911	FMV	SUBCONTRACT GRANT
(191) UNIVERSITY OF MASSACHUSETTS - LOWELL 600 SUFFOLK ST LOWELL,MA01854	04-3167352	501(C)(3)	18,557	FMV	SUBCONTRACT GRANT
(192) UNIVERSITY OF MASSACHUSETTS BOSTON - RESEARCH AND 100 MORRISSEY BLVD BOSTON,MA021253393	04-3167352	501(C)(3)	15,876	FMV	SUBCONTRACT GRANT
(193) UNIVERSITY OF MASSACHUSETTS MEDICAL SCHOOL 55 LAKE AVENUE NORTH WORCESTER,MA01655	04-3167352	501(C)(3)	168,639	FMV	SUBCONTRACT GRANT
(194) UNIVERSITY OF MIAMI- OFFICE OF RESEARCH ADMINISTRA PO BOX 248106 CORAL GABLES,FL33124	59-0624458	501(C)(3)	19,956	FMV	SUBCONTRACT GRANT
(195) UNIVERSITY OF MINNESOTA - OFFICE OF SPONSORED PROJ 1300 SOUTH 2ND STREET MINNEAPOLIS,MN55454	41-6007513	501(C)(3)	173,234	FMV	SUBCONTRACT GRANT
(196) UNIVERSITY OF MISSISSIPPI MEDICAL CENTER THE 2500 NORTH STATE STREET JACKSON,MS39216	64-6008520	501(C)(3)	101,916	FMV	SUBCONTRACT GRANT
(197) UNIVERSITY OF MISSOURI-COLUMBIA AR P O BOX 807012 KANSAS CITY,MO641807012	43-6003859	501(C)(3)	170,714	FMV	SUBCONTRACT GRANT
(198) UNIVERSITY OF NEW HAMPSHIRE - SPONSORED PROGRAMS A 51 COLLEGE ROAD DURHAM,NH03824	02-6000937	501(C)(3)	28,593	FMV	SUBCONTRACT GRANT
(199) UNIVERSITY OF NEW MEXICO - CONTRACT AND GRANT ACCO 1700 LOMAS BLVD NE ALBUQUERQUE,NM87131	85-6000642	501(C)(3)	21,023	FMV	SUBCONTRACT GRANT
(200) UNIVERSITY OF NORTH CAROLINA - CHARLOTTE CASHIER'S 9201 UNIV CTY BLVD CHARLOTTE,NC282230001	56-0791228	501(C)(3)	32,110	FMV	SUBCONTRACT GRANT
(201) UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL 104 AIRPORT DRIVE CHAPEL HILL,NC27599	56-6001393	501(C)(3)	803,846	FMV	SUBCONTRACT GRANT
(202) UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL - 104 104 AIRPORT DR CHAPEL HILL,NC275991350	56-6001393	501(C)(3)	319,843	FMV	SUBCONTRACT GRANT
(203) UNIVERSITY OF OKLAHOMA - 660 PARRINGTON OVAL 5419 UNIVERSITY OF OREGON EUGENE,OR97403	46-4727800	501(C)(3)	16,000	FMV	SUBCONTRACT GRANT
(204) UNIVERSITY OF OTTAWA 3451 WALNUT STREET PHILADELPHIA,PA19104	23-1352685	501(C)(3)	31,037	FMV	SUBCONTRACT GRANT
(205) UNIVERSITY OF PENNSYLVANIA P O BOX 785541 PHILADELPHIA,PA191785541	23-1352685	501(C)(3)	130,155	FMV	SUBCONTRACT GRANT
(206) UNIVERSITY OF PENNSYLVANIA - OFFICE OF RESEARCH SE 116 ATWOOD STREET PITTSBURGH,PA15260	25-0965591	501(C)(3)	416,100	FMV	SUBCONTRACT GRANT
(207) UNIVERSITY OF PITTSBURGH - OFFICE OF RESEARCHCOST 45 UPPER COLLEGE RD KINGSTON,RI02881	05-6000522	501(C)(3)	747,379	FMV	SUBCONTRACT GRANT
(208) UNIVERSITY OF RHODE ISLAND - OFFICE OF GRANTS AND 70 LOWER COLL RD KINGSTON,RI02881	05-6000522	501(C)(3)	490,908	FMV	SUBCONTRACT GRANT
(209) UNIVERSITY OF RHODE ISLAND - RESEARCH AND ECONOMIC 910 GENESEE STREET ROCHESTER,NY14611	16-0743209	501(C)(3)	887,696	FMV	SUBCONTRACT GRANT
(210) UNIVERSITY OF ROCHESTER - ORACS PO BOX 84900 COLUMBIA,SC29208	57-6001153	501(C)(3)	1,235,443	FMV	SUBCONTRACT GRANT
(211) UNIVERSITY OF SOUTH ALABAMA - GRANTS AND CONTRACTS 307 UNIV BLVD N MOBILE,AL36688	62-0477348	501(C)(3)	98,900	FMV	SUBCONTRACT GRANT
(212) UNIVERSITY OF SOUTH CAROLINA 1600 HAMPTON ST COLUMBIA,SC29208	57-6001153	501(C)(3)	30,215	FMV	SUBCONTRACT GRANT
(213) UNIVERSITY OF SOUTHERN CALIFORNIA 635 DOWNEY WAY LOS ANGELES,CA90089	95-1642394	501(C)(3)	42,679	FMV	SUBCONTRACT GRANT
(214) UNIVERSITY OF TENNESSEE 1331 CIRCLE PARK DRIVE KNOXVILLE,TN37916	62-6001636	501(C)(3)	5,981	FMV	SUBCONTRACT GRANT
(215) UNIVERSITY OF TEXAS AT AUSTIN - OFFICE OF SPONSORE 101 E 27TH STREET 5 AUSTIN,TX78712	74-6000203	501(C)(3)	89,798	FMV	SUBCONTRACT GRANT
(216) UNIVERSITY OF TEXAS HEALTH SCIENCE CENTER AT HOUST PO BOX 301418 DALLAS,TX75303	74-1761309	501(C)(3)	76,093	FMV	SUBCONTRACT GRANT
(217) UNIVERSITY OF TEXAS MEDICAL BRANCH AT GALVESTON T 301 UNIV BLVD GALVESTON,TX77555	74-6000949	501(C)(3)	17,356	FMV	SUBCONTRACT GRANT
(218) UNIVERSITY OF UTAH-GRANTS AND ACCOUNTING 332 S 1400 E SALT LAKE CITY,UT84211	87-6000525	501(C)(3)	581,483	FMV	SUBCONTRACT GRANT
(219) UNIVERSITY OF WASHINGTON - GRANT & CONTRACT ACCOUN 4300 ROOSEVELT WAY NE SEATTLE,WA98915	91-6001537	501(C)(3)	405,636	FMV	SUBCONTRACT GRANT
(220) VANDERBILT UNIVERSITY - CONTRACT AND GRANT ACCOUNT 2301 VANDERBILT PLACE NASHVILLE,TN37240	62-0476822	501(C)(3)	107,972	FMV	SUBCONTRACT GRANT
(221) VANDERBILT UNIVERSITY MEDICAL CENTER PO BOX 121236 DALLAS,TX753121236	35-2528741	501(C)(3)	157,462	FMV	SUBCONTRACT GRANT
(222) VETERANS HEALTH RESEARCH INSTITUTE OF CNY INC 800 IRVING AVENUE SYRACUSE,NY13210	16-1365231	501(C)(3)	522,421	FMV	SUBCONTRACT GRANT
(223) VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSIT 902 PRICES FORK RD BLACKBURG,VA24061	54-0721690	501(C)(3)	37,567	FMV	SUBCONTRACT GRANT
(224) WAKE FOREST UNIVERSITY PO BOX 7201 WINSTON SALEM,NC27109	56-0532138	501(C)(3)	204,713	FMV	SUBCONTRACT GRANT
(225) WAKE FOREST UNIVERSITY HEALTH SCIENCES 1834 WAKE FOREST RD WINSTON SALEM,NC27109	56-0532138	501(C)(3)	119,657	FMV	SUBCONTRACT GRANT
(226) WALGREENS CO 102 WILMOT RD DEERFIELD,IL60015	36-1924025		170,805	FMV	SUBCONTRACT GRANT
(227) WAYNE STATE UNIVERSITY 5057 WOODWARD AVE DETROIT,MI48202	38-6028429	501(C)(3)	83,523	FMV	SUBCONTRACT GRANT
(228) WEILL CORNELL MEDICAL COLLEGE 575 LEXINGTON AVENUE NEW YORK,NY10022	13-1623978	501(C)(3)	390,935	FMV	SUBCONTRACT GRANT
(229) WESTAT INC 1600 RESEARCH BOULEVARD ROCKVILLE,MD20850	84-0529566		23,610	FMV	SUBCONTRACT GRANT
(230) WOMEN & INFANTS HOSPITAL OF RHODE ISLAND - GRANTS 101 DUDLEY STREET PROVIDENCE,RI029052499	05-0258937	501(C)(3)	74,373	FMV	SUBCONTRACT GRANT
(231) WOMEN AND INFANTS HOSPITAL OF RHODE ISLAND 101 DUDLEY STREET PROVIDENCE,RI029052499	05-0258937	501(C)(3)	313,188	FMV	SUBCONTRACT GRANT
(232) YALE UNIVERSITY - 25 SCIENCE PARK PO BOX 208239 NEW HAVEN,CT06520	06-0646973	501(C)(3)	52,209	FMV	SUBCONTRACT GRANT
(233) YALE UNIVERSITY - GRANTS AND CONTRACT FINANCIAL AD P O BOX 1873 NEW HAVEN,CT065081873	06-0646973	501(C)(3)	446,044	FMV	SUBCONTRACT GRANT
(234) CENTER FOR THE NEW ECONOMY 206 TETUAN ST STE 1002 SAN JUAN,PR00901	66-0566096	501(C)(3)	8,610	FMV	SUBCONTRACT GRANT
(235) YAMBA MALAWI 224 5TH AVE STE 1280 NEW YORK,NY10001	20-5626558	501(C)(3)	67,746	FMV	SUBCONTRACT GRANT

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image

218

Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50055P

Schedule I (Form 990) 2023

Page 2

Part III

Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance	(b) Number of recipients	(c) Amount of cash grant	(d) Amount of noncash assistance	(e) Method of valuation (book, FMV, appraisal, other)	(f) Description of noncash assistance

(1) UNDERGRADUATE SCHOLARSHIPS/FELLOWSHIPS/STIPENDS	3476	204,828,993
(2) GRADUATE SCHOLARSHIPS/FELLOWSHIPS/STIPENDS	2495	206,501,566
(3) MEDICAL SCHOOL SCHOLARSHIPS/FELLOWSHIPS/STIPENDS	314	13,418,752
(3)
(4)
(5)
(6)
(7)

Part IV

Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.

Return Reference	Explanation
Schedule I, Part I, Line 2	GRANT FUNDS ARE MANAGED IN ACCORDANCE WITH BOTH THE SPONSOR AND UNIVERSITY RULES AND REGULATIONS. EXPENDITURES ARE REVIEWED ON A PRE AND POST AUDIT BASIS TO ENSURE THAT THE COSTS INCURRED AND CHARGED TO A PARTICULAR GRANT IN COMPLIANCE WITH BOTH THE SPONSOR AND UNIVERSITY POLICIES. SCHEDULE I, PART III THE CASH GRANTS ARE REFLECTED ON STUDENTS' ACCOUNTS.

Schedule I (Form 990) 2023

Additional Data

Software ID:
Software Version:

- TIN:

Schedule J
(Form 990)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
medium right arrow graphic

Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
medium right arrow graphic

Attach to Form 990.
medium right arrow graphic

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public Inspection

Name of the organization

BROWN UNIVERSITY

Employer identification number

05-0258809

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....

Yes

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? .............

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Yes

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ....................

Any related organization? .......................

If "Yes," on line 5a or 5b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ..................

Any related organization? ......................

If "Yes," on line 6a or 6b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Yes

Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................

If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) 2023

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column (B) reported as deferred on prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1CHRISTINA PAXSON PRESIDENT/FELLOW	(i) (ii)	1,312,685 ------------- 0	1,250,000 ------------- 0	72,000 ------------- 0	382,500 ------------- 0	160,405 ------------- 0	3,177,590 ------------- 0	0 -------------
2MUKESH JAIN DEAN OF BIO & MED	(i) (ii)	1,016,014 ------------- 0	0 ------------- 0	29,700 ------------- 0	25,900 ------------- 0	28,938 ------------- 0	1,100,552 ------------- 0	0 -------------
3SARAH LATHAM EVP FIN & ADMIN	(i) (ii)	790,416 ------------- 0	0 ------------- 0	45,000 ------------- 0	25,900 ------------- 0	10,435 ------------- 0	871,751 ------------- 0	0 -------------
4SERGIO GONZALEZ SVP FOR ADVANCEMENT	(i) (ii)	738,493 ------------- 0	0 ------------- 0	120,183 ------------- 0	25,900 ------------- 0	31,094 ------------- 0	915,670 ------------- 0	0 -------------
5JANE DIETZE VP & Chief Investment Officer	(i) (ii)	729,882 ------------- 0	1,474,000 ------------- 0	696,574 ------------- 0	275,900 ------------- 0	54,022 ------------- 0	3,230,378 ------------- 0	0 -------------
6JACK ELIAS FORMER SVP HEALTH AFFAIRS	(i) (ii)	716,999 ------------- 0	0 ------------- 0	32,775 ------------- 0	25,900 ------------- 0	22,014 ------------- 0	797,688 ------------- 0	0 -------------
7GRACE CALHOUN VP FOR ATHLETICS & RECREATION	(i) (ii)	684,289 ------------- 0	192,600 ------------- 0	209,393 ------------- 0	125,900 ------------- 0	11,297 ------------- 0	1,223,479 ------------- 0	0 -------------
8LAWRENCE E LARSON INTERIM PROVOST (UNTIL 6/23)	(i) (ii)	540,703 ------------- 0	0 ------------- 0	40,881 ------------- 0	32,500 ------------- 0	22,975 ------------- 0	637,059 ------------- 0	0 -------------
9MICHAEL WHITE VP FIN & ADMIN SVCS & CFO	(i) (ii)	467,212 ------------- 0	0 ------------- 0	54,094 ------------- 0	25,900 ------------- 0	2,667 ------------- 0	549,873 ------------- 0	0 -------------
10JOSHUA T KENNEDY MANAGING DIRECTOR	(i) (ii)	445,535 ------------- 0	800,000 ------------- 0	42,300 ------------- 0	117,567 ------------- 0	30,963 ------------- 0	1,436,365 ------------- 0	0 -------------
11FRANCIS J DOYLE PROVOST (7/1/23-ON)	(i) (ii)	425,262 ------------- 0	30,000 ------------- 0	23,411 ------------- 0	0 ------------- 0	144,449 ------------- 0	623,122 ------------- 0	0 -------------
12RUSSELL CAREY FORMER INTERIM EVP FIN	(i) (ii)	422,092 ------------- 0	0 ------------- 0	36,100 ------------- 0	33,000 ------------- 0	44,027 ------------- 0	535,219 ------------- 0	0 -------------
13PETER LEVINE MANAGING DIRECTOR	(i) (ii)	410,462 ------------- 0	700,000 ------------- 0	43,950 ------------- 0	109,233 ------------- 0	46,259 ------------- 0	1,309,904 ------------- 0	0 -------------
14JILL PIPHER VP FOR RESEARCH	(i) (ii)	399,836 ------------- 0	0 ------------- 0	36,100 ------------- 0	36,600 ------------- 0	1,421 ------------- 0	473,957 ------------- 0	0 -------------
15LEAH VANWEY DEAN OF THE FACULTY	(i) (ii)	363,108 ------------- 0	0 ------------- 0	13,200 ------------- 0	25,900 ------------- 0	38,402 ------------- 0	440,610 ------------- 0	0 -------------
16KEVIN MCLAUGHLIN FORMER DEAN OF FACULTY	(i) (ii)	359,238 ------------- 0	0 ------------- 0	44,433 ------------- 0	36,600 ------------- 0	28,421 ------------- 0	468,692 ------------- 0	0 -------------
17MICHAEL GUGLIELMO JR VP FOR FACILITIES & CAMPUS OPS	(i) (ii)	318,627 ------------- 0	0 ------------- 0	32,500 ------------- 0	36,600 ------------- 0	37,769 ------------- 0	425,496 ------------- 0	0 -------------
18ERICA NOURJIAN HEAD OF OPERATIONS-INVESTMENTS	(i) (ii)	424,912 ------------- 0	450,000 ------------- 0	26,400 ------------- 0	109,233 ------------- 0	29,592 ------------- 0	1,040,137 ------------- 0	0 -------------
19KATIE GALVIN INVESTMENT DIRECTOR	(i) (ii)	259,913 ------------- 0	493,000 ------------- 0	17,227 ------------- 0	64,636 ------------- 0	23,233 ------------- 0	858,009 ------------- 0	0 -------------
20RICHARD LOCKE FORMER PROVOST	(i) (ii)	16,171 ------------- 0	0 ------------- 0	100,016 ------------- 0	970 ------------- 0	302 ------------- 0	117,459 ------------- 0	0 -------------

Schedule J (Form 990) 2023

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.

Return Reference

Explanation

SCHEDULE J, PART I, LINE 1A

RESIDENCE FOR PERSONAL USE WAS PROVIDED TO THE FOLLOWING INDIVIDUALS: PRESIDENT - AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE EMPLOYER, THE PRESIDENT IS REQUIRED TO LIVE IN UNIVERSITY HOUSING. THEREFORE, NONE OF THE BENEFIT WAS TREATED AS TAXABLE COMPENSATION. PROVOST - AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE EMPLOYER, THE PROVOST IS REQUIRED TO LIVE IN UNIVERSITY HOUSING. THEREFORE, NONE OF THE BENEFIT WAS TREATED AS TAXABLE COMPENSATION. THE PRESIDENT'S HOUSEHOLD SERVICES ASSISTANT PROVIDES SOME PERSONAL SERVICES FOR THE PRESIDENT. THE PRESIDENT REIMBURSES THE UNIVERSITY BY CHECK FOR THESE SERVICES. ONE KEY EMPLOYEE AND ONE HIGHLY COMPENSATED EMPLOYEE RECEIVED A GROSS-UP PAYMENT IN 2023, WHICH ARE REPORTED AS TAXABLE COMPENSATION IN SCHEDULE J, PART II, COLUMN (B)(III). ONE HIGHLY COMPENSATED EMPLOYEE RECEIVES AN ALLOWANCE FOR SOCIAL CLUB DUES, WHICH IS REPORTED AS TAXABLE COMPENSATION IN SCHEDULE J, PART II, COLUMN (B)(III). THE UNIVERSITY PAYS FOR SOCIAL CLUB DUES ON BEHALF OF TWO KEY EMPLOYEES AND ONE HIGHLY COMPENSATED EMPLOYEE TO CONDUCT UNIVERSITY BUSINESS. THIS IS NOT CONSIDERED TAXABLE INCOME. TWO KEY EMPLOYEES TRAVELED FIRST CLASS FOR BUSINESS. THE REIMBURSEMENTS OF THIS BUSINESS TRAVEL EXPENSE ARE CONSIDERED NON-TAXABLE. ONE KEY EMPLOYEE TRAVELED VIA CHARTER FLIGHT FOR BUSINESS PURPOSES. THIS EXPENSE IS CONSIDERED NON-TAXABLE. SCHEDULE J, PART I, LINE 1B IN LIEU OF A STANDARDIZED WRITTEN POLICY, SENIOR OFFICERS WERE ISSUED AN ADDENDUM TO THEIR COMPENSATION LETTER APPROVED BY THE CHANCELLOR, OUTLINING THE TREATMENT OF THE HOUSING ITEM LISTED IN PART I, LINE 1A. ADDENDUM TO THEIR COMPENSATION LETTER APPROVED BY THE CHANCELLOR, OUTLINING THE TREATMENT OF THE HOUSING ITEM LISTED IN PART I, LINE 1A.

SCHEDULE J, PART I, LINE 4B

TERMS & CONDITIONS OF SUPPLEMENTAL RETIREMENT PLAN AND PAYMENT IN CALENDAR YEAR 2023: EFFECTIVE JULY 1, 2021, THE UNIVERSITY ENTERED INTO AN ADDITIONAL DEFERRED COMPENSATION AGREEMENT. UNDER THE PLAN THE ORGANIZATION DEPOSITS CERTAIN AMOUNTS TO THE PRESIDENT'S DEFERRED COMPENSATION ACCOUNT EACH JUNE 30TH THROUGH JUNE 30, 2025. THE AMOUNTS DEPOSITED FOR CALENDAR YEAR 2023 WAS $350,000. SUCH AMOUNTS VEST OVER THE COURSE OF THE AGREEMENT SO LONG AS THE PRESIDENT REMAINS CONTINUOUSLY EMPLOYED BY THE UNIVERSITY THROUGH EACH VESTED DATE. NO AMOUNTS VESTED UNDER THIS PLAN IN 2023. EFFECTIVE JAN. 1, 2020, JANE DIETZE PARTICIPATES IN A DEFERRED COMPENSATION ARRANGEMENT. UNDER THE ARRANGEMENT, $2 MILLION WILL ACCRUE A RETURN EQUIVALENT TO THE ENDOWMENT RETURN. 20% OF THE ORIGINAL BALANCE PLUS EARNINGS WILL VEST EACH YEAR ON JANUARY 1 PROVIDED SHE REMAINS EMPLOYED BY THE UNIVERSITY ON SUCH DATES. $644,074 VESTED ON JANUARY 1, 2023 AND IS REPORTED IN SCHEDULE J, PART II, COLUMN B(III) EFFECTIVE MARCH 18, 2021, GRACE CALHOUN PARTICIPATES IN A DEFERRED COMPENSATION ARRANGEMENT. UNDER THE ARRANGEMENT, SHE WILL RECEIVE $100,000 PER YEAR, PAYABLE EVERY 3 YEARS OR UPON EXPIRATION OF THE AGREEMENT. IN 2023, NO AMOUNT VESTED UNDER THIS PLAN. CERTAIN INVESTMENT OFFICE PROFESSIONALS PARTICIPATE IN A DEFERRED COMPENSATION ARRANGEMENT. UNDER THE ARRANGEMENT, INDIVIDUALS ARE AWARDED AN ANNUAL AMOUNT SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE. AMOUNTS AWARDED UNDER THE PLAN VEST AND ARE PAID AFTER THREE YEARS. THE AMOUNT PAID MAY BE ADJUSTED BASED ON ENDOWMENT PERFORMANCE. IN 2023, NO AMOUNT WAS VESTED OR PAID UNDER THE PLAN. SCHEDULE J, PART I, LINE 7 THE UNIVERSITY OFFERS INCENTIVE COMPENSATION TO SENIOR PROFESSIONALS IN THE INVESTMENT OFFICE BASED UPON THE UNIVERSITY'S INVESTMENT PERFORMANCE AND OTHER QUALITATIVE FACTORS. THE UNIVERSITY ALSO MAKES NON-FIXED PAYMENTS TO CERTAIN EMPLOYEES FROM TIME TO TIME, BASED ON PERFORMANCE DURING THE YEAR.

Schedule J (Form 990) 2023

Additional Data

Software ID:
Software Version:

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule K
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information on Tax-Exempt Bonds

Complete if the organization answered "Yes" to Form 990, Part Ⅵ, line 24a. Provide descriptions,
explanations, and any additional information in Part Ⅵ.
Attach to Form 990.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public
Inspection

Name of the organization
BROWN UNIVERSITY

Employer identification number
05-0258809

Part Ⅰ

Bond Issues

(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	(g) Defeased		(h) On behalf of issuer		(i) Pool financing
(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	Yes	No	Yes	No	Yes	No
A	RI H&E CORP SERIES 2023	52-1300173	762197S28	07-27-2023	111,014,802	REFUND SERIES 2013 (12/4/2013)		X		X		X
B	RI H&E CORP SERIES 2022	52-1300173	762197J69	07-27-2022	100,739,440	FINANCE CAPITAL PROJECTS		X		X		X
C	RI H&E CORP SERIES 2019	52-1300173	762197A76	07-18-2019	71,055,670	REFUND SERIES 2009 (10/1/09)		X		X		X
D	RI H&E CORP SERIES 2017	52-1300173	762197VG3	07-19-2017	160,656,503	CAP. PROJECTS-REFUND 2007 (6/27/7)		X		X		X
	RI H&E CORP SERIES 2015	52-1300173	000000000	10-21-2015	45,000,000	FIN CAP PROJECTS/REFUND 2005 BON		X		X		X
	RI H&E CORP SERIES 2005A	52-1300173	762243MY6	10-04-2005	85,500,000	FINANCE CAPITAL PROJECTS		X		X		X
	RI H&E CORP SERIES 2003A & 2003B	52-1300173	762243CA9	11-13-2003	91,425,000	FINANCE CAPITAL PROJECTS		X		X		X

Part Ⅱ

Proceeds

	A		B		C		D
	1 Amount of bonds retired ..................	0		880,000		0		2,260,000
2 Amount of bonds legally defeased ..............	0		0		0		0
3 Total proceeds of issue ..................	111,014,802		104,152,505		71,055,670		162,597,992
4 Gross proceeds in reserve funds .............	0		0		0		0
5 Capitalized interest from proceeds .............	0		0		0		0
6 Proceeds in refunding escrows ...............	0		0		0		0
7 Issuance costs from proceeds ...............	551,443		739,440		260,670		707,932
8 Credit enhancement from proceeds .............	0		0		0		0
9 Working capital expenditures from proceeds .............	0		0		0		0
10 Capital expenditures from proceeds .............	0		99,413,193		0		76,941,489
11 Other spent proceeds .............	110,463,359		0		70,795,000		84,948,571
12 Other unspent proceeds .............	0		3,999,872		0		0
13 Year of substantial completion .............	2023		2024		2020		2020
	Yes	No	Yes	No	Yes	No	Yes	No
14 Were the bonds issued as part of a current refunding issue of tax-exempt bonds (or, if issued prior to 2020, a current refunding issue)? ........	X			X	X		X
15 Were the bonds issued as part of an advance refunding issue of taxable bonds (or, if issued prior to 2020, an advance refunding issue)? ........		X		X		X		X
16 Has the final allocation of proceeds been made? ..........	X			X	X		X
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? ..................	X		X		X		X

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50193E

Schedule K (Form 990) 2023

Page 2

Part Ⅲ

Private Business Use

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............		X		X		X		X
2 Are there any lease arrangements that may result in private business use of bond-financed property? ...............	X			X	X			X
3a Are there any management or service contracts that may result in private business use of bond-financed property? .............	X		X		X		X
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property?	X		X		X		X
c Are there any research agreements that may result in private business use of bond-financed property? .............	X			X	X		X
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?	X			X	X		X
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....	0.450 %		0.040 %		0.150 %		0.400 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government .........
6 Total of lines 4 and 5 .............	0.450 %		0.040 %		0.150 %		0.400 %
7 Does the bond issue meet the private security or payment test? ...		X		X		X		X
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............		X		X		X		X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............		X		X		X		X
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under Regulations sections 1.141-12 and 1.145-2? ........	X		X		X		X

Part Ⅳ

Arbitrage

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...		X		X		X		X
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......	X		X			X		X
b Exception to rebate? ........		X		X	X			X
c No rebate due? .........		X		X		X	X
If "Yes" to line 2c, provide in Part Ⅵ the date the rebate computation was performed ......
3 Is the bond issue a variable rate issue? .....		X		X		X		X

Schedule K (Form 990) 2023

Page 3

Part Ⅳ

Arbitrage (Continued)

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?		X		X		X		X
b Name of provider ..........	0		0		0		0
c Term of hedge .........			2960 %		3530 %
d Was the hedge superintegrated? ......		X		X		X
e Was the hedge terminated? ........		X		X		X
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?		X		X		X		X
b Name of provider ..........	0		0		0		0
c Term of GIC .........
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........
6 Were any gross proceeds invested beyond an available temporary period?		X		X		X		X
7 Has the organization established written procedures to monitor the requirements of section 148? ...	X		X		X		X

Part Ⅴ

Procedures To Undertake Corrective Action

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations?	X		X		X		X

Part Ⅵ

Supplemental Information. Provide additional information for responses to questions on Schedule K. (See instructions).

Return Reference	Explanation
GENERAL NOTE ALL BONDS:	THE FULL ISSUER NAME IS RHODE ISLAND HEALTH AND EDUCATIONAL BUILDING CORPORATION PART II, LINE 3, COLUMN B & D: THE TOTAL PROCEEDS OF THE ISSUE EXCEED THE ISSUE PRICE DUE TO INVESTMENT EARNINGS ON THE PROJECT FUND PART VI, COLUMN D, LINE 2C: (SERIES 2017) A REBATE CALCULATION WAS COMPLETED ON 7/25/2022 WITH NO REBATE LIABILITY BEING DUE
GENERAL NOTE ALL BONDS:	THE FULL ISSUER NAME IS RHODE ISLAND HEALTH AND EDUCATIONAL BUILDING CORPORATION PART II, LINE 3, ALL BONDS: THE TOTAL PROCEEDS OF THE ISSUE EXCEED THE ISSUE PRICE DUE TO INVESTMENT EARNINGS ON THE PROJECT FUND

Schedule K (Form 990) 2023

Additional Data

Software ID:
Software Version:

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule K
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information on Tax-Exempt Bonds

OMB No. 1545-0047

2023

Open to Public
Inspection

Name of the organization
BROWN UNIVERSITY

Employer identification number
05-0258809

Part Ⅰ

Bond Issues

(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	(g) Defeased		(h) On behalf of issuer		(i) Pool financing
(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	Yes	No	Yes	No	Yes	No
A	RI H&E CORP SERIES 2023	52-1300173	762197S28	07-27-2023	111,014,802	REFUND SERIES 2013 (12/4/2013)		X		X		X
B	RI H&E CORP SERIES 2022	52-1300173	762197J69	07-27-2022	100,739,440	FINANCE CAPITAL PROJECTS		X		X		X
C	RI H&E CORP SERIES 2019	52-1300173	762197A76	07-18-2019	71,055,670	REFUND SERIES 2009 (10/1/09)		X		X		X
D	RI H&E CORP SERIES 2017	52-1300173	762197VG3	07-19-2017	160,656,503	CAP. PROJECTS-REFUND 2007 (6/27/7)		X		X		X
	RI H&E CORP SERIES 2015	52-1300173	000000000	10-21-2015	45,000,000	FIN CAP PROJECTS/REFUND 2005 BON		X		X		X
	RI H&E CORP SERIES 2005A	52-1300173	762243MY6	10-04-2005	85,500,000	FINANCE CAPITAL PROJECTS		X		X		X
	RI H&E CORP SERIES 2003A & 2003B	52-1300173	762243CA9	11-13-2003	91,425,000	FINANCE CAPITAL PROJECTS		X		X		X

Part Ⅱ

Proceeds

	A		B		C		D
	1 Amount of bonds retired ..................	0		880,000		0		2,260,000
2 Amount of bonds legally defeased ..............	0		0		0		0
3 Total proceeds of issue ..................	111,014,802		104,152,505		71,055,670		162,597,992
4 Gross proceeds in reserve funds .............	0		0		0		0
5 Capitalized interest from proceeds .............	0		0		0		0
6 Proceeds in refunding escrows ...............	0		0		0		0
7 Issuance costs from proceeds ...............	551,443		739,440		260,670		707,932
8 Credit enhancement from proceeds .............	0		0		0		0
9 Working capital expenditures from proceeds .............	0		0		0		0
10 Capital expenditures from proceeds .............	0		99,413,193		0		76,941,489
11 Other spent proceeds .............	110,463,359		0		70,795,000		84,948,571
12 Other unspent proceeds .............	0		3,999,872		0		0
13 Year of substantial completion .............	2023		2024		2020		2020
	Yes	No	Yes	No	Yes	No	Yes	No
14 Were the bonds issued as part of a current refunding issue of tax-exempt bonds (or, if issued prior to 2020, a current refunding issue)? ........	X			X	X		X
15 Were the bonds issued as part of an advance refunding issue of taxable bonds (or, if issued prior to 2020, an advance refunding issue)? ........		X		X		X		X
16 Has the final allocation of proceeds been made? ..........	X			X	X		X
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? ..................	X		X		X		X

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50193E

Schedule K (Form 990) 2023

Page 2

Part Ⅲ

Private Business Use

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............		X		X		X		X
2 Are there any lease arrangements that may result in private business use of bond-financed property? ...............	X			X	X			X
3a Are there any management or service contracts that may result in private business use of bond-financed property? .............	X		X		X		X
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property?	X		X		X		X
c Are there any research agreements that may result in private business use of bond-financed property? .............	X			X	X		X
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?	X			X	X		X
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....	0.450 %		0.040 %		0.150 %		0.400 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government .........
6 Total of lines 4 and 5 .............	0.450 %		0.040 %		0.150 %		0.400 %
7 Does the bond issue meet the private security or payment test? ...		X		X		X		X
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............		X		X		X		X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............		X		X		X		X
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under Regulations sections 1.141-12 and 1.145-2? ........	X		X		X		X

Part Ⅳ

Arbitrage

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...		X		X		X		X
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......	X		X			X		X
b Exception to rebate? ........		X		X	X			X
c No rebate due? .........		X		X		X	X
If "Yes" to line 2c, provide in Part Ⅵ the date the rebate computation was performed ......
3 Is the bond issue a variable rate issue? .....		X		X		X		X

Schedule K (Form 990) 2023

Page 3

Part Ⅳ

Arbitrage (Continued)

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?		X		X		X		X
b Name of provider ..........	0		0		0		0
c Term of hedge .........			2960 %		3530 %
d Was the hedge superintegrated? ......		X		X		X
e Was the hedge terminated? ........		X		X		X
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?		X		X		X		X
b Name of provider ..........	0		0		0		0
c Term of GIC .........
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........
6 Were any gross proceeds invested beyond an available temporary period?		X		X		X		X
7 Has the organization established written procedures to monitor the requirements of section 148? ...	X		X		X		X

Part Ⅴ

Procedures To Undertake Corrective Action

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations?	X		X		X		X

Part Ⅵ

Supplemental Information. Provide additional information for responses to questions on Schedule K. (See instructions).

Return Reference	Explanation
GENERAL NOTE ALL BONDS:	THE FULL ISSUER NAME IS RHODE ISLAND HEALTH AND EDUCATIONAL BUILDING CORPORATION PART II, LINE 3, COLUMN B & D: THE TOTAL PROCEEDS OF THE ISSUE EXCEED THE ISSUE PRICE DUE TO INVESTMENT EARNINGS ON THE PROJECT FUND PART VI, COLUMN D, LINE 2C: (SERIES 2017) A REBATE CALCULATION WAS COMPLETED ON 7/25/2022 WITH NO REBATE LIABILITY BEING DUE
GENERAL NOTE ALL BONDS:	THE FULL ISSUER NAME IS RHODE ISLAND HEALTH AND EDUCATIONAL BUILDING CORPORATION PART II, LINE 3, ALL BONDS: THE TOTAL PROCEEDS OF THE ISSUE EXCEED THE ISSUE PRICE DUE TO INVESTMENT EARNINGS ON THE PROJECT FUND

Schedule K (Form 990) 2023

Additional Data

Software ID:
Software Version:

- TIN:

Schedule L
(Form 990)

Department of the Treasury
Internal Revenue Service

Transactions with Interested Persons

Complete if the organization answered "Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b.
Attach to Form 990 or Form 990-EZ.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public Inspection

Name of the organization

BROWN UNIVERSITY

Employer identification number

05-0258809

Part I

Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and section 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.

1(a) Name of disqualified person	(c) Description of transaction	(d) Corrected?
1(a) Name of disqualified person	(c) Description of transaction	Yes	No

Enter the amount of tax incurred by the organization managers or disqualified persons during the year under section 4958. ........................... $

Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ $

Part II

Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22

(a) Name of interested person	(b) Relationship with organization	(c) Purpose of loan	(d) Loan to or from the organization?		(e) Original principal amount	(f) Balance due	(g) In default?		(h) Approved by board or committee?		(i) Written agreement?
(a) Name of interested person	(b) Relationship with organization	(c) Purpose of loan	To	From	(e) Original principal amount	(f) Balance due	Yes	No	Yes	No	Yes	No
(1) MUKESH JAIN	KEY EMPLOYEE	PERSONAL		X	200,000	120,000		No	Yes		Yes



Total ............... $						120,000

Part III

Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.

(a) Name of interested person	(b) Relationship between interested person and the organization	(c) Amount of assistance	(d) Type of assistance	(e) Purpose of assistance

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 50056A

Schedule L (Form 990) 2023

Page 2

Part IV

Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.

(a) Name of interested person	(b) Relationship between interested person and the organization	(c) Amount of transaction	(d) Description of transaction	(e) Sharing of organization's revenues?
(a) Name of interested person		(c) Amount of transaction	(d) Description of transaction	Yes	No
(1) Arthur Gabinet	Family Member of Officer	107,565	Seasonal Employment		No

Part V

Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).

Return Reference	Explanation

Schedule L (Form 990) 2023

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE M
(Form 990)

Department of the Treasury

Internal Revenue Service

Noncash Contributions

Complete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image

Attach to Form 990.
Right pointing arrow large image

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2023

Open to Public Inspection

Name of the organization

BROWN UNIVERSITY

Employer identification number

05-0258809

Part I

Types of Property

	(a) Check if applicable	(b) Number of contributions or items contributed	(c) Noncash contribution amounts reported on Form 990, Part VIII, line 1g	(d) Method of determining noncash contribution amounts
1 Art—Works of art ....
2 Art—Historical treasures .
3 Art—Fractional interests ..
4 Books and publications ..
5 Clothing and household goods .......
6 Cars and other vehicles ..
7 Boats and planes ....
8 Intellectual property ...
9 Securities—Publicly traded .	X	504	30,290,617	FMV
10 Securities—Closely held stock .
11 Securities—Partnership, LLC, or trust interests ....
12 Securities—Miscellaneous ..	X	2	102,977	FMV
13 Qualified conservation contribution—Historic structures .....
14 Qualified conservation contribution—Other ...
15 Real estate—Residential .
16 Real estate—Commercial ..
17 Real estate—Other ...
18 Collectibles .....
19 Food inventory ...
20 Drugs and medical supplies .
21 Taxidermy ......
22 Historical artifacts ....
23 Scientific specimens ..
24 Archeological artifacts ...
25 Other ( EVENT EXPENSES )	X	14	73,709	FMV
26 Other ( )
27 Other ( )
28 Other ( )

Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement

Yes

30a

During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that it must hold for at least three years from the date of the initial contribution, and which isn't required to be used for exempt purposes for the entire holding period? ...................

30a

If "Yes," describe the arrangement in Part II.

Does the organization have a gift acceptance policy that requires the review of any nonstandard contributions?

Yes

32a

Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash

contributions? ..........................

32a

If "Yes," describe in Part II.

If the organization didn't report an amount in column (c) for a type of property for which column (a) is checked,

describe in Part II.

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 51227J

Schedule M (Form 990) (2023)

Page 2

Part IISupplemental Information. Provide the information required by Part I, lines 30b, 32b, and 33, and whether the organization is reporting in Part I, column (b), the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information.

Return Reference	Explanation
SCHEDULE M, PART I, COLUMN (B)	THE UNIVERSITY IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED DURING THE YEAR.

Schedule M (Form 990) (2023)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2023

Open to Public
Inspection

Name of the organization

BROWN UNIVERSITY

Employer identification number

05-0258809

Return Reference	Explanation
MISSION STATEMENT	TO SERVE THE COMMUNITY, THE NATION, AND THE WORLD BY DISCOVERING, COMMUNICATING, AND PRESERVING KNOWLEDGE AND UNDERSTANDING IN A SPIRIT OF FREE INQUIRY, AND BY EDUCATING AND PREPARING STUDENTS TO DISCHARGE THE OFFICES OF LIFE WITH USEFULNESS AND REPUTATION. BROWN ACCOMPLISHES THIS THROUGH A PARTNERSHIP OF STUDENTS & TEACHERS IN A UNIFIED COMMUNITY CALLED A UNIVERSITY COLLEGE.
FORM 990, PART III, LINE 4A	INSTRUCTION / ENROLLMENT INCLUDES COST OF SUPPLIES, SALARIES AND BENEFITS ASSOCIATED WITH TEACHING APPROXIMATELY 11,500 STUDENTS (62% UNDERGRADUATE; 33% GRADUATE; 5% MEDICAL). A FACULTY OF APPROXIMATELY 1,050 TEACH AND ADMINISTER PROGRAMS IN A VARIETY OF DISCIPLINES, INCLUDING THE HUMANITIES, LIFE/MEDICAL SCIENCES, PHYSICAL SCIENCES AND SOCIAL SCIENCES. THERE ARE NEARLY 100 PROGRAMS OF STUDY OFFERED BETWEEN UNDERGRADUATE COLLEGE, GRADUATE SCHOOL AND MEDICAL SCHOOL OF THE UNIVERSITY. IN 2024, THE UNIVERSITY AWARDED A TOTAL OF 3,353 BACCALAUREATE DEGREES AND ADVANCED (MASTER, MEDICAL AND DOCTORATE) DEGREES.
FORM 990, PART III, LINE 4B	STUDENT AID, FELLOWSHIPS AND SCHOLARSHIPS - BROWN PROVIDES 100 PERCENT OF DEMONSTRATED NEED FOR ALL AIDED UNDERGRADUATE STUDENTS THAT MATRICULATE. THE UNIVERSITY IS NEED-BLIND FOR DOMESTIC STUDENTS (US CITIZENS AND PERMANENT RESIDENTS) AND "NEED-AWARE" FOR INTERNATIONAL AND TRANSFER (BOTH DOMESTIC AND INTERNATIONAL) STUDENTS. INTERNATIONAL AND TRANSFER STUDENTS WHO DO NOT APPLY FOR AID AS PART OF THEIR ADMISSION APPLICATION MAY NOT RECEIVED NEED-BASED SCHOLARSHIPS FROM THE UNIVERSITY. FORTY-SIX PERCENT OF THE UNDERGRADUATE STUDENT BODY RECEIVES NEED-BASED FINANCIAL AID. THE AVERAGE FINANCIAL-AID PACKAGE FOR THE CLASS OF 2028 WAS $58,322. SINCE THE CLASS OF 2007, ALL DOMESTIC UNDERGRADUATE ADMITTED AS FRESHMAN AT BROWN UNIVERSITY WERE ADMITTED UNDER THE UNIVERSITY'S NEED-BLIND ADMISSION POLICY.
FORM 990, PART III, LINE 4D	OTHER PROGRAM SERVICES (EXPENSES $146,786,889) (REVENUE $129,742,249.) THE UNIVERSITY ENGAGES IN RESEARCH IN PHYSICAL SCIENCES, HUMANITIES, LIFE SCIENCES AND SOCIAL SCIENCES. THE UNIVERSITY'S RESEARCH NETWORK FEATURES ADVANCED ACADEMIC INSTITUTES, CENTERS AND FACILITIES THAT MAKE OUR WORLD RENOWNED RESEARCH POSSIBLE. THESE FACILITIES, WHICH ARE MADE AVAILABLE TO FACULTY AND STUDENTS, ENCOURAGE DISCOVERY AND INNOVATION BY PROVIDING STATE OF-THE-ART EQUIPMENT AND RESOURCES.
FORM 990, PART V, LINE 4B	FOREIGN ACCOUNTS THE ORGANIZATION HAS AN INTEREST IN OR A SIGNATURE OR OTHER AUTHORITY OVER A FINANCIAL ACCOUNT IN THE FOLLOWING FOREIGN COUNTRIES: 1) ITALY 2) FRANCE
PART VI, SECTION A, LINE 1	THE ADVISORY & EXECUTIVE COMMITTEE SHALL CONSIST OF THE PRESIDENT (CHAIR), THE CHANCELLOR, THE VICE CHANCELLOR, THE SECRETARY, AND THE TREASURER, ALL EX OFFICIO, AND AT LEAST NINE ADDITIONAL MEMBERS OF THE CORPORATION OF WHOM AT LEAST TWO SHALL BE FELLOWS AND THREE TRUSTEES. THE CHAIRS OF THE COMMITTEES ON ACADEMIC AFFAIRS, BUDGET & FINANCE, CAMPUS LIFE, ADVANCEMENT, FACILITIES & CAMPUS PLANNING, AUDIT, MEDICAL SCHOOL AND INVESTMENT SHALL ALWAYS BE AMONG THE MEMBERS OF THE ADVISORY & EXECUTIVE COMMITTEE. THREE FELLOWS AND FOUR TRUSTEES SHALL CONSTITUTE A QUORUM. THE COMMITTEE MAY TRANSACT ANY BUSINESS OF THE CORPORATION EXCEPT THE LOCATION OF BUILDINGS AND THE ELECTION OF TRUSTEES, FELLOWS, AND THE PRESIDENT. IN ADDITION TO THE POWERS OF THE MINOR QUORUM, THE COMMITTEE, BY ACTION OF THE CORPORATION, IS AUTHORIZED TO APPOINT PROFESSORS. THE ACTS OF THE ADVISORY & EXECUTIVE COMMITTEE SHALL BE VALID UNTIL THE NEXT MEETING OF THE CORPORATION, AND NO LONGER UNLESS APPROVED BY THE CORPORATION.
PART VI, SECTION A, LINE 2	MARIA ZUBER AND BRIAN MOYNIHAN HAVE A BUSINESS RELATIONSHIP AS BOTH SIT ON THE BOARD OF ANOTHER ORGANIZATION.
PART VI, SECTION B, LINE 11	THE RETURN IS PREPARED BY THE UNIVERSITY'S TAX CONSULTANTS AND REVIEWED BY THE CONTROLLER'S OFFICE. A DRAFT VERSION OF THE FORM 990 IS PROVIDED TO THE CONTROLLER, VICE PRESIDENT FOR FINANCE AND CHIEF FINANCIAL OFFICER, EXECUTIVE VICE PRESIDENT FOR FINANCE & ADMINISTRATION, AND THE COMMITTEE ON RISK AND AUDIT FOR REVIEW. CHANGES/COMMENTS ARE SUBMITTED TO MANAGEMENT AND ANY NECESSARY CHANGES ARE MADE PRIOR TO THE FINAL REVIEW AND SIGNING OF THE TAX RETURN BY THE UNIVERSITY'S INDEPENDENT AUDITORS/TAX CONSULTANTS. THE FINAL TAX RETURN IS PROVIDED TO THE BOARD PRIOR TO FILING.
PART VI, SECTION B, LINE 12C	BROWN UNIVERSITY REQUIRES THAT ALL MEMBERS OF THE BROWN UNIVERSITY COMMUNITY ADHERE TO THE UNIVERSITY'S CONFLICT OF INTEREST AND COMMITMENT POLICY (COICP). UNIVERSITY COMMUNITY MEMBERS MUST DISCLOSE POTENTIAL, ACTUAL, OR PERCEIVED CONFLICTS TO THE APPROPRIATE UNIVERSITY REPRESENTATIVE. THE UNIVERSITY REPRESENTATIVE MUST ENSURE THAT THE CONFLICTS ARE REPORTED AND RESOLVED ACCORDING TO THE PROCESS DEFINED IN THE RELEVANT REPORTING AND REVIEW PROCESS. CERTAIN MEMBERS OF THE BROWN COMMUNITY, INCLUDING ALL CORPORATION MEMBERS, AND ALL MEMBERS OF THE CORPORATION'S STANDING COMMITTEES; AND ALL ACADEMIC APPOINTEES, AND STAFF (AS DEFINED IN THE COICP POLICY), ARE REQUIRED TO SUBMIT ANNUAL DISCLOSURE FORMS AND UPDATE THESE FORMS AS CONFLICTS OR POTENTIAL CONFLICTS ARE IDENTIFIED, AS APPLICABLE, TO THE APPROPRIATE UNIVERSITY REPRESENTATIVE IN ACCORDANCE WITH INTERNAL REPORTING TIMEFRAMES AND PROCEDURES. UNIVERSITY REPRESENTATIVES HAVE THE AUTHORITY TO AND ARE RESPONSIBLE FOR: -CONDUCTING CONFLICT OF INTEREST AND COMMITMENT REVIEWS IN ACCORDANCE WITH ALL APPLICABLE POLICIES AND GUIDELINES. -ENSURING MANAGEMENT PLANS ARE ESTABLISHED AND DOCUMENTED FOR THOSE REPORTED CONDITIONS/SITUATIONS THAT REASONABLY APPEAR TO CREATE CONFLICTS OF INTEREST ORCOMMITMENT. -PROVIDING APPROPRIATE OVERSIGHT OF IDENTIFIED CONFLICTS OF INTEREST OR COMMITMENT AND ASSOCIATED MANAGEMENT PLANS WITH OTHER UNIVERSITY OFFICIALS AND OFFICES AS CIRCUMSTANCES REQUIRE, TO ENSURE EACH POTENTIAL OR ACTUAL CONFLICT IS EVALUATED,RESOLVED, OR MANAGED. IF A COMMUNITY MEMBER FAILS TO COMPLY WITH THE COICP AND RELATED POLICIES, THAT INDIVIDUAL IS SUBJECT TO DISCIPLINARY ACTION, UP TO AND INCLUDING SUSPENSION WITHOUT PAY, OR TERMINATION OF EMPLOYMENT OR ASSOCIATION WITH THE UNIVERSITY, IN ACCORDANCE WITH APPLICABLE (E.G., STAFF,FACULTY, STUDENT) DISCIPLINARY PROCEDURES. THE UNIVERSITY'S INVESTMENT OFFICE ALSO HAS STRICT INVESTMENT POLICIES INTENDED TO MAINTAIN THE HIGHEST ETHICAL AND LEGAL STANDARDS AND AVOID CONFLICTS. ALL MEMBERS OF THE CORPORATION, INCLUDING THE PRESIDENT, DISCLOSE INFORMATION ANNUALLY RELATED TO CONFLICT OF INTEREST AND COMMITMENT. IF THERE IS CONSIDERATION TO HIRE A FIRM THAT COULD POTENTIALLY PRESENT A CONFLICT, THE INVESTMENT OFFICE SEEKS THE ADVICE AND CONSENT OF THE CORPORATION OFFICE AND GENERAL COUNSEL. ALL MEMBERS OF THE INVESTMENT COMMITTEE MUST RECUSE THEMSELVES AND REFRAIN FROM PARTICIPATION IN CONSIDERATION OF ANY INVESTMENT IN WHICH THEY HAVE AN INTEREST.
PART VI, SECTION B, LINE 15	THE AUTHORITY TO ESTABLISH AND ADJUST COMPENSATION FOR THE PRESIDENT AND SENIOR STAFF RESTS WITH THE CORPORATION COMMITTEE ON SENIOR ADMINISTRATION. SENIOR STAFF INCLUDES OFFICERS REPORTING TO THE PRESIDENT, THE DEANS AND VICE PRESIDENTS OR THEIR EQUIVALENTS WHO REPORT TO THE PROVOST AND/OR THE EXECUTIVE VICE PRESIDENT FOR FINANCE & ADMINISTRATION, ANY OTHER UNIVERSITY EMPLOYEE WHOSE ANNUAL COMPENSATION IS IN EXCESS OF $250,000, AND OTHERS WHOSE RESPONSIBILITIES MIGHT BE DETERMINED TO REFLECT SIGNIFICANT INFLUENCE OVER THE AFFAIRS OF THE UNIVERSITY. THE COMMITTEE CONDUCTS THEIR REVIEW ANNUALLY AND, AS PART OF THEIR REVIEW PROCESS, USES DATA AND INFORMATION FROM SURVEYS REFLECTING INDUSTRY STANDARDS FOR COMPENSATION, BENEFITS, AND PREREQUISITES OF SENIOR OFFICERS EITHER AT INSTITUTIONS OF HIGHER EDUCATION OR AT COMPARABLE ENTITIES. DOCUMENTATION OF THIS REVIEW, AS WELL AS ANY DECISIONS MADE, ARE PREPARED BEFORE THE NEXT MEETING OF THE COMMITTEE ON SENIOR ADMINISTRATION, OR 60 DAYS AFTER THE FINAL ACTIONS OF THE COMMITTEE TO SET SALARIES, WHICHEVER IS LATER. THE COMMITTEE FORMALLY APPROVES THE DOCUMENTATION WITHIN A REASONABLE TIME AFTER IT IS PREPARED.
PART VI, SECTION C, LINE 19	THE UNIVERSITY'S FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICIES, AND GOVERNING DOCUMENTS (CHARTER AND STATUTES) ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AND ON OUR WEBSITE.
FORM 990, PART XI, LINE 9	ACTUARIAL GAIN/LOSS - SPLIT INTEREST: $1,487,443 CHANGE IN PENSION OBLIGATION: $7,619,319 CHANGE IN SWAP LIABILITY: $(470,707) CHANGE IN ARO LIABILITY: $2,555,926 TOTAL: $11,191,181
FORM 990, PART XII, LINE 2B	BROWN UNIVERSITY'S FINANCIAL STATEMENTS INCLUDE THE ACCOUNTS OF THE JOHN NICHOLAS BROWN CENTER FOR THE STUDY OF AMERICAN CIVILIZATION, BROWN FACULTY CLUB, AND BROWN UNIVERSITY RESEARCH FOUNDATION. ALL OF WHICH ARE SEPARATE ENTITIES THAT ARE CONSOLIDATED IN THE FINANCIAL STATEMENTS. BROWN UNIVERSITY AND THESE CONSOLIDATED ENTITIES ARE COLLECTIVELY REFERRED TO HEREIN AS THE UNIVERSITY. ALL SIGNIFICANT INTER-ENTITY TRANSACTIONS AND BALANCES HAVE BEEN ELIMINATED IN CONSOLIDATION.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) 2023

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
Attach to Form 990.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public Inspection

Name of the organization

BROWN UNIVERSITY

Employer identification number

05-0258809

Part I

Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a) Name, address, and EIN (if applicable) of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Total income	(e) End-of-year assets	(f) Direct controlling entity
(1) BLH Mortgage Purchaser LLC 121 SOUTH MAIN ST 9TH FL PROVIDENCE,RI02903 47-3262127	Investments	DE	0	0	BROWN
(2) BLH MORTGAGE HOLDINGS LLC 121 SOUTH MAIN ST 9TH FL PROVIDENCE,RI02903 47-3252442	INVESTMENTS	DE	0	0	BROWN
(3) CAMBER BASE LLC 121 SOUTH MAIN ST 9TH FL PROVIDENCE,RI02903	INVESTMENTS	DE	0	0	BROWN
(4) RIVER HOUSE HOLDINGS I LLC BOX J PROVIDENCE,RI02912 87-1616833	REAL ESTATE	RI	3,957,019	71,390,470	BROWN

Part II

Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1)Brown University Research Foundation Controllers Office Box J Providence,RI02912 05-0390989	Support Brown	RI	501(c)(3)	12A, I	BROWN	Yes
(2)John Nicholas Brown Center Controllers Office Box J Providence,RI02912 22-2506553	Support Brown	RI	501(c)(3)	12A, I	BROWN	Yes
(3)Brown Faculty Club Controllers Office Box J Providence,RI02912 51-0192393	Support Brown	RI	501(c)(7)	n/a	BROWN	Yes
(4)BROWN NEUROLOGY 593 EDDY STREET APC-5 PROVIDENCE,RI02903 05-0448314	MEDICAL SVCS	RI	501(C)(3)	12A, I	BROWN PHYS	Yes
(5)BROWN DERMATOLOGY 593 EDDY STREET APC-10 PROVIDENCE,RI02903 81-2847155	MEDICAL SVCS	RI	501(C)(3)	4	BROWN PHYS	Yes
(6)BROWN EMERGENCY MEDICINE 125 WHIPPLE ST 3RD FLOOR PROVIDENCE,RI02908 05-0486254	MEDICAL SVCS	RI	501(C)(3)	3	BROWN PHYS	Yes
(7)BROWN MEDICINE 110 ELM ST 2ND FLOOR PROVIDENCE,RI02903 05-0450410	MEDICAL SVCS	RI	501(C)(3)	4	BROWN PHYS	Yes
(8)UNIVERSITY SURGICAL ASSOCIATES INC 75 NEWMAN AVE PO BOX 16149 RUMFORD,RI02916 05-0389803	MEDICAL SVCS	RI	501(C)(3)	12C, III-FI	BROWN PHYS	Yes
(9)BROWN UROLOGY INC 75 NEWMAN AVENUE 2ND FLOOR PROVIDENCE,RI02916 82-1512459	MEDICAL SVCS	RI	501(C)(3)	3	BROWN PHYS	Yes
(10)BROWN PHYSICIANS INC 110 ELM STREET 2ND FLOOR PROVIDENCE,RI02903 82-1858635	SUPPORT BROWN	RI	501(C)(3)	12A, I	BROWN	Yes

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

Schedule R (Form 990) 2023

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Predominant income(related, unrelated, excluded from tax under sections 512-514)	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity		(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership
(1) TS TRANSPORT I 228 PARK AVENUE SOUTH NEW YORK,NY10017 47-3646646	INVESTMENTS	NY	BROWN UNIVERSIT	UNRELATED	170,634	-3,618,126		No	170,341		No	86.142 %
(2) VSV CO-INVEST II LLC 260 EAST BROWN STREET SUITE 380 BIRMINGHAM,MI48009 84-2292828	INVESTMENTS	MI	BROWN UNIVERSIT	EXCLUDED	6,806,946	860		No	0		No	100.000 %
(3) EVERGREEN INCOME TRUST LLC 119 SANDUNE COURT GENERAL DELIVERY SAGAPONACK,NY11962 84-3978720	INVESTMENTS	NY	BROWN UNIVERSIT	EXCLUDED	189,236	-535,360		No	0		No	68.990 %
(4) JAMESON AT WOOD QUAY LLC 45 RESEARCH WAY SUITE 100 EAST SETAUKET,NY11733 83-0920121	INVESTMENTS	NY	BROWN UNIVERSIT	EXCLUDED	-2,214,644	75,393,521		No	0		No	92.989 %
(5) HS INVESTMENTS IV M LP PO BOX 656 EAST WING TRAFALGAR ST PETER,STGY1 3PP GK	INVESTMENTS	GK	BROWN UNIVERSIT	EXCLUDED	184	5,025,667		No	0		No	52.632 %
(6) REGENT OPPORTUNITY FUND V BLOCKER II LLC 12100 WILSHIRE BLVD STE 1750 LOS ANGELES,CA90025 86-3008784	INVESTMENTS	CA	BROWN UNIVERSIT	EXCLUDED	0	10,239,519		No	0		No	100.000 %
(7) ROF V DTSD BLOCKER LLC 12100 WILSHIRE BLVD STE 1750 LOS ANGELES,CA90025 87-1170043	INVESTMENTS	CA	BROWN UNIVERSIT	EXCLUDED	0	5,635,989		No	0		No	96.000 %
(8) STRIPES IV PEACHTREE LP 40 10TH AVE 5TH FLOOR NEW YORK,NY10014 87-1893691	INVESTMENTS	NY	BROWN UNIVERSIT	EXCLUDED	0	8,561,595		No	0		No	100.000 %
(9) WELLINGTON TRUST COMPANY 280 CONGRESS STREET BOSTON,MA02210 88-2060382	INVESTMENTS	MA	BROWN UNIVERSIT	EXCLUDED	760,987	30,868,199		No	0		No	67.615 %

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	(i) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	Yes	No
(1) CHARITABLE GIFT ANNUITY FUND (2)	SUPPORT	MA	NA	TRUST
(2) CHARITABLE REMAINDER ANNUITY TRUST (6)	SUPPORT	MA	NA	TRUST
(3) CHARITABLE REMAINDER UNITRUST (70)	SUPPORT	MA	NA	TRUST
(4) POOLED INCOME (3)	SUPPORT	MA	NA	TRUST
(5) BROWN CAYMAN I 121 South Main St 9th Fl PROVIDENCE,RI02903 98-1182767	INVESTMENTS	CJ	BROWN	C CORP	55,924,879	425,250,445	100.000 %	Yes
(6) NEW HOLLAND TACTICAL ALPHA OFFSHORE FUND C/O MAPLES CORPORATE SERVICES UGLAND HOUSE GRAND CAYMAN KY1-1104 CJ	INVESTMENTS	CJ	BROWN	C Corp	-211,008	71,233,256	39.790 %	Yes
(7) GUMSHOE OFFSHORE FUND LTD 89 NEXUS WAY GRAND CAYMAN KY1-9009 CJ	INVESTMENTS	CJ	BROWN	C CORP	-346,779	21,718,708	55.600 %	Yes

Schedule R (Form 990) 2023

Page 3

Part V

Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................

b Gift, grant, or capital contribution to related organization(s) ............................

Yes

c Gift, grant, or capital contribution from related organization(s) ............................

d Loans or loan guarantees to or for related organization(s) ............................

e Loans or loan guarantees by related organization(s) ............................

f Dividends from related organization(s) ............................

g Sale of assets to related organization(s) ............................

h Purchase of assets from related organization(s) ............................

i Exchange of assets with related organization(s) ............................

j Lease of facilities, equipment, or other assets to related organization(s) .......................

k Lease of facilities, equipment, or other assets from related organization(s) ......................

l Performance of services or membership or fundraising solicitations for related organization(s) .....................

m Performance of services or membership or fundraising solicitations by related organization(s) .................

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................

Yes

o Sharing of paid employees with related organization(s) ............................

Yes

p Reimbursement paid to related organization(s) for expenses ............................

q Reimbursement paid by related organization(s) for expenses ............................

r Other transfer of cash or property to related organization(s) ............................

s Other transfer of cash or property from related organization(s) ............................

Yes

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved
(1) TS TRANSPORT I	B	54,537	FMV
(2) STRIPES IV PEACHTREE LP	B	55,000	FMV
(3) ROF V DTSD BLOCKER LLC	S	272,727	FMV
(4) WELLINGTON TRUST COMPANY NA	S	1,509,278	FMV
(5) WELLINGTON TRUST COMPANY NA	B	11,314,767	FMV
(6) REGENT OPPORTUNITY FUND V BLOCKER II LLC	B	1,142,028	FMV
(7) EVERGREEN INCOME TRUST LLC	S	333,696	FMV
(8) VSV CO-INVESTMENT II LLC	S	16,795,407	FMV

Schedule R (Form 990) 2023

Page 4

Part VI

Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

Schedule R (Form 990) 2023

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R. See instructions.

Return Reference	Explanation
SCHEDULE R, PART V, LINE 1N & 1O	FOR BROWN UNIVERSITY RESEARCH FOUNDATION, JOHN NICHOLAS BROWN CENTER, AND THE BROWN FACULTY CLUB - THE EXPENSES FOR THESE RELATED ORGANIZATIONS ARE PAID DIRECTLY BY BROWN UNIVERSITY. THERE IS NO REIMBURSEMENT PAID BY ANY OF THESE RELATED ORGANIZATIONS TO BROWN UNIVERSITY.

Schedule R (Form 990) 2023

Additional Data

Software ID:
Software Version:

1	Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
2	Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to separately file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A; don't file with Form 990). . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
3	Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471). . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
4	Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621) .	Yes	No
5	Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships (see Instructions for Form 8865). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
6	Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to separately file Form 5713, International Boycott Report (see Instructions for Form 5713; don't file with Form 990).. . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No