Pratt Institute

“Family relationship: mike pratt, david pratt and anne h. Van ingen”

“Review of 990 the return is prepared by an independent accounting firm based on information provided by the organization and in consultation with the organization's staff. The draft prepared by the accounting firm is then submitted to the controller and the vp of finance, to whom the board has delegated authority to review and approve for e-filing the completed form 990 with the irs.”

“CONFLICT OF INTEREST POLICY THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY COVERING ALL TRUSTEES, OFFICERS, AND EMPLOYEES that PROVIDES THAT NO INDIVIDUAL MAY PARTICIPATE IN DISCUSSION OR DECISION ON ANY MATTER IN WHICH HE OR SHE HAS A MATERIAL FINANCIAL INTEREST. ALL TRUSTEES, OFFICERS AND INDIVIDUALS WHO HAVE SIGNING AUTHORITY ARE REQUIRED TO CERTIFY COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AND TO INDICATE WHETHER THE ORGANIZATION DOES BUSINESS WITH AN ENTITY IN WHICH THEY HAVE A MATERIAL FINANCIAL INTEREST.”

“PROCESS OF DETERMINING COMPENSATION: The compensation for the President, CEOs, Officers and certain key Employees are determined by a process that includes the use of comparability data, review and approval by the Board and contemporaneous recordkeeping of deliberations and decisions. The President's level of compensation is further reviewed by the Executive Committee of the Board of Trustees including the president's performance. Based upon the review, President's compensation is then determined and approved by the Committee.”

“Disclosure the organization's governing documents, conflict of interest policy and financial statements are available to the public at any time upon request from the office of the vp of finance or the controller's office.”

“To educate artists, designers, architects and other creative professionals to be responsible contributors to society. Pratt seeks to instill in all graduates aesthetic judgment, professional knowledge, collaborative skills, and technical expertise. With a firm grounding in the liberal arts and sciences, a pratt education blends theory with creative application and mastery of technology in preparing graduates to become leaders in their professions. Pratt enrolls a diverse group of highly talented and dedicated students, challenging them to achieve their full potentials.”

“LINE 4A: INSTRUCTION: ------------------------------------------------- Pratt offers 22 undergraduage degree and 28 graduate degree programs in Art & Design, Architecture, Liberal Arts & Sciences (UG), Information & Library Science (G) and Center for Continuing & Professional Studies. It offers more than 20 study abroad and international exchange programs in more than a dozen locations including Rome, Florence, Milan, Copenhagen, London and Tokyo. In addition, Pratt provides students with opportunities to enroll in five dual degrees programs. It also offers five programs leading to an advanced certificate award: Art & Design Education, Archives Programs, Library & Information Specialist and Museum Libraries, minor programs in Construction Management, Cultural Studies and History of Art & Design are also available. It also offers 2 full-time English as a Second Language (ESL) programs for international students that focus on the language of art, design and architecture. Pratt Institute's official enrollment for the FY2013-14 was 4,627 students. Undergraduate (3,149 students) - Art & Design: 2,189; Architecture: 722; Liberal Arts & Sciences: 139 and Associate Degree Programs: 99. Graduate (1,478 Students) - Art & Design: 879; Architecture: 357; Information & Library Science: 230; LAS: 12. Conferred degrees - Bachelor's degree: 649; Master's degree: 573; and Asociate degrees: 41. Total enrollment for Fall 2014 (FTE) was 4,382.”

“LINE 4B: PUBLIC SUPPORT: ------------------------------------- Pratt's Department of Art and Design Education offers a variety of programs for the community. It provides opportunities for artists and designers of all ages to recognize and develop their creative potential. Classes are held on Pratt's campus where participants learn in a college environment. These programs prepare Pratt students studying art & design education to work as teachers and artists while simultaneously bringing art and design classes to the community. Featured programs are Design Initiative for Community Empowerment (DICE), Pratt Young Scholars, Saturday Art School, and Summer Design. Highlighted by the Center for an Urban Future as a catalyst for NYC's economic growth, Pratt Institute has pioneered a business incubator model for urban art and design schools, which enables students, recent alumni and aspiring start-ups to gain the necessary entrepreneural skills to succeed all within a community of like-minded individuals committed to sustainable living. By providing space, strategic mentorship and a network of experts in every aspect of business development and sustainable design, the Brooklyn Fashion and Design Accelerator and the Pratt Design Incubator for Sustainable Innovation are transforming New York City's design economy. Established in 2013, the Spatial Analysis and Visualization Initiative (SAVI) is a Geographic Information Systems (GIS)-centered initiative that provides Pratt students, faculty and community-based organizations access to GIS and visualization resources, including equipment, databases, technical assistance workshops, training sessions and researchers. As a joint endeavor of the Programs for Sustainable Planning and Development (PSPD), the Pratt Center and the Graduate Communications Design Department, SAVI aims to promote a collaborative learning and research community at Pratt where faculty and students can share projects, ideas, resources and tools. In keeping with Pratt's commitment to benefit the greater community of which it is a part, SAVI also provides NYC based nonprofit, civic and community-based planning organizations (including Community Boards) with the latest mapping, data and spatial information technology, access to GIS technical assistance, analysis and data display interns and the training and access to resources that allow independent GIS work. These groups will be able to efficiently document existing conditions of urban areas, and to more meaningfully contribute to policy discussions and create their own visions for improving quality-of-life and sustainability. With the launch of Pratt Design Incubator for Sustainable Innovation in 2002 and now open to the public, the Incubator continues to provide space and ongoing strategic mentorship which resulted in a thriving community of over 15 start-up businesses. To date, the Incubator has helped support the launch of over 30 new companies and created over 50 jobs in the sectors of clean energy, fashion design, product design, social entrepreneurship and green consulting services.”

“LINE 4C: ACADEMIC SUPPORT: ---------------------- Center for Sustainable Design Strategies (CSDS) serves as a physical and virtual hub for Pratt's commitment to educate environmentally responsible citizens. CSDS encourages the use of Pratt's campus as a living laboratory aligning the classroom to campus initiatives. It houses a materials research center that supports faculty, students, and alumni in the integration of sustainability into their professional lives. In partnership with local, national and international corporations, Pratt has implemented a variety of sponsored studios that provide corporate partners access to new, unbridled approaches to a design or business problem. Pratt's creative students and faculty collaborate with corporate sponsors to tackle a design problem and work towards possible solutions. Design Studios occur within the context of Pratt's academic curriculum.”

“LINE 4D: OTHER PROGRAM SERVICES: Student Services, Institutional Support, Operation & Maintenance of Plant, Auxiliary Enterprises -------------------------------------------------------------- Student Services: Includes expenses incurred for students' activities and events by the following student support services departments: Admissions, Registrar, Bursar, Financial Aid, Athletics, International Affairs, Health & Counseling, Career Services and other student services departments. Pratt provides students with opportunities to live, work and create with some of the most interesting, creative and inspiring minds as well as a full array of services, programs and activities. Some of the students' achievements include participation in an initiative to create work that celebrates the rich history and future innovations of the Wall Street Journal's 125th anniversary and Vogue naming two Pratt Students in its List of 2014 Fashion Graduates to watch. The Student Affairs division provides programs and services that promote student personal and professional development; fosters a campus environment that is conducive to student learning and advocates for and supports students as they meet the challenges of the Pratt experiences. The Office of International Affairs provides services to about 1,200 international students from over 75 countries as well as J1 exchange visitors, exchange students, professors and scholars. This office is responsible to ensure Pratt's compliance with the Department of Homeland Security and Department of State. Institutional Support: Includes expenditures primarily incurred by the Security Office, Strategic Planning, Office of Institutional Research Information technology, academic marketing, sustainability and other program services related general institute expenses. Tremendous progress with the implementation of the approved strategic plan for 2012-17 has been achieved and most goals were being implemented as scheduled. Institutional Research has submitted all federally and state required enrollment & financial surveys, launched the online Pratt Fact Book in May and launched three surveys: Employee satisfaction with Pratt retirement benefits, student satisfaction with Financial Aid and Bursar services and Faculty preferences for training needs in computer assisted instruction at Pratt's Summer Technology Institute provided by the Educational Technology department. A newly designed Pratt website was launched and improvement with the technical aspects is ongoing. IT continues to develop a more personalized my.pratt.edu and better display on iPads and other mobile devices. The new Pratt Intranet provides internal department information on campus technology, communications, computer labs, HR, Residential Life, Security, student involvement, news and policy information for Pratt faculty, staff and students. On Information Technology, completed phase I & II of the fiberoptic infrastructure replacement plan project. Phase 1: all campus trenching and installation of a tube conduit system and Phase II: blowing in and terminating the second leg of fiber to each building location and the completion of all interior cabling. Operation and Maintenance of Plant: includes expenses for the maintenance and upkeep of buildings, management and support of the operations of physical plant facilities, utilities, cleaning and other related functions, capital renovation projects, etc. Pratt institute achieved completion of campus wide projects addressing various interior renovations and relocations required to accommodate programmatic, space and utilization changes essential to support the Institute's mission. Engineering and Machinery building projects included conversion of various offices, service & workshop areas, conversion of the Engineering building freight to passenger elevator, replacement of entrance doors and new hardware installed; upgrade of the South Hall electrical infrastructure, and replacement of Willoughby Hall roof”

“Line 5: postretirement related changes other than net periodic postretirement benefit cost $(9,964,435) ============”