Brown Alumni Association
- Assets
- $1.2m
- Revenue
- $318.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Providence, RI
- Founding
- 05/1986
- Data as of
- 06/2022
- EIN
- 05-6009633
Organization Overview
Brown Alumni Association is located in Providence, RI. The organization was established in 1986. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Brown Alumni Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Brown Alumni Association generated $318.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $321.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Brown Alumni Association has awarded 29 individual grants totaling $221,926. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE ALUMNI TO ACTIVELY PARTICIPATE IN THE BROWN UNIVERSITY COMMUNITY THROUGH EVENTS AND VOLUNTEER OPPORTUNITIES, AND TO CREATE NEW WAYS FOR ALUMNI TO STAY CONNECTED AND CONTRIBUTE TO THE GREATNESS OF BROWN UNIVERSITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALUMNI ENGAGEMENT EVENTS: SERVICES AND PROGRAMS SUCH AS ALUMNI WEEKENDS AND CLASS REUNIONS PROVIDED FOR BROWN UNIVERSITY GRADUATES AND VOLUNTEERS IN AN EFFORT TO FOSTER CONTINUED INVOLVEMENT AND SUPPORT FOR BROWN UNIVERSITY AND THE BROWN COMMUNITY.
CLUB PROGRAMS & OUTREACH: BROWN ALUMNI ASSOCIATION SUPPORTS OVER 100 WORLDWIDE SUBSIDIARY CHAPTERS WITH PROGRAMMING THAT KEEPS CLUB MEMBERS INVOLVED IN THE BROWN UNIVERSITY COMMUNITY. EVENT PROGRAMMING IS BOTH EDUCATIONAL AND SOCIAL IN NATURE, IS DESIGNED TO PROMOTE INTEREST IN BROWN UNIVERSITY, AND IS DELIVERED TO BOTH REGIONAL AND MULTICULTURAL ALUMNI CONSTITUENCIES.
ALUMNI SERVICES: SPECIFIC SERVICES PROVIDED BY AND FOR BROWN ALUMNI ON AN INDIVIDUAL BASIS, INCLUDING CAREER PROGRAMS, NETWORKING, MENTORING AND ALUMNI COLLEGE ADVISING. THESE PROGRAMS PROVIDE OPPORTUNITIES FOR ALUMNI AND STUDENTS TO LEARN ABOUT AND SHARE CAREER-RELATED GOALS AND STRATEGIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carlos A Lejnieks President | OfficerTrustee | 5 | $0 |
Amra Sabic-El-Rayess PHD President-Elect | OfficerTrustee | 5 | $0 |
Walter G Edwards III Treasurer | OfficerTrustee | 5 | $0 |
Kelsey A Tripp Secretary | OfficerTrustee | 5 | $0 |
Kimberly L Arredondo Governor | Trustee | 2 | $0 |
Pamela K Arya Governor | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,289 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,289 |
| Total Program Service Revenue | $0 |
| Investment income | $63,888 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $213,065 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $39,164 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $318,406 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $63,310 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,480 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $333 |
| Fees for services: Other | $0 |
| Advertising and promotion | $27,949 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $36,688 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,337 |
| All other expenses | $0 |
| Total functional expenses | $321,057 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,941 |
| Savings and temporary cash investments | $63,703 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $30,253 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,351 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $987,560 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $121,259 |
| Total assets | $1,245,067 |
| Accounts payable and accrued expenses | $3,072 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $43,791 |
| Total liabilities | $46,863 |
| Net assets without donor restrictions | $1,198,204 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,245,067 |
Grants Awarded
Over the last fiscal year, Brown Alumni Association has awarded $30,608 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BROWN ALUMNI ASSOCIATION - THE BROWN UNIVERSITY CLUB IN NEW YORK PURPOSE: ASSISTANCE USED TO SUPPORT BROWN UNIVERSITY | $5,953 |
BROWN ALUMNI ASSOCIATION - THE BROWN UNIVERSITY CLUB OF SAN FRANCISCO PURPOSE: ASSISTANCE USED TO SUPPORT BROWN UNIVERSITY | $6,257 |
BROWN ALUMNI ASSOCIATION - THE BROWN UNIVERSITY CLUB OF MIAMI PURPOSE: ASSISTANCE USED TO SUPPORT BROWN UNIVERSITY | $5,728 |
BROWN ALUMNI ASSOCIATION - THE BROWN UNIVERSITY CLUB OF LOS ANGELES PURPOSE: ASSISTANCE USED TO SUPPORT BROWN UNIVERSITY | $6,303 |
BROWN ALUMNI ASSOCIATION - THE BROWN UNIVERSITY CLUB OF BOSTON PURPOSE: ASSISTANCE USED TO SUPPORT BROWN UNIVERSITY | $6,367 |