Brooklyn Law School

“A draft of the form 990 shall be distributed by the chief financial officer to the finance committee of the board of trustees for review prior to being submitted to the irs. The draft form 990 shall be distributed early enough to provide each finance committee member with a reasonable amount of time for review and submission of questions or comments prior to the filing deadline. The final form 990 shall be distributed to each board member prior to being filed with the irs. The draft and final form 990 may be distributed in person, by regular mail, e-mail, or fax.”

“The conflict of interest policy and procedures are designed to ensure that whenever a matter is discussed or a decision is made by the law school's governing board or committee, board and committee members first are made aware of the existence of any actual or potential conflicts of interest. The policy also requires the law school to gather information about such conflicts. This is done by requiring each board member, officer, and key employee and any other person who regularly attends the law school board and committee meetings to complete and file a conflict of interest disclosure statement before serving on the law school board or any committee. The disclosure statement requires each board member, officer, or key employee to disclose any business or personal interests, direct or indirect, that the person may have in any entity that does business with the law school. The policy and the disclosure statement contain the information and definitions each person will need to properly complete his or her personal disclosure statement. The procedures are performed annually. Each trustee, officer, key employee, and member of a committee with board delegated powers shall annually sign a statement which affirms that such person-- a. Has received a copy of the conflict of interest policy and procedures, b. Has read and understands the policy, c. Has agreed to comply with the policy, d. Understands that the law school is a tax-exempt organization and that in order to maintain its federal tax exemption, it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.”

“The executive compensation policy is intended to comply with irs form 990 reporting and applies to the "compensation" of brooklyn law school's "key employees and "officers". (a) review and approval by the finance committee of the board of trustees: the compensation of any key employee or officer that fulfills the criteria defined in this policy shall be reviewed and approved by the finance committee, provided that any persons with conflicts of interest shall not be involved in the review and approval of the compensation arrangement. (1) applicable conflict of interest policy provisions. Pursuant to brooklyn law school's conflict of interest policy and procedures, the following restrictions apply with respect to the individuals who may review and approve executive compensation arrangements: a) a voting member of the board of trustees who receives compensation for services from brooklyn law school, whether directly or indirectly, and any other trustee who is that voting member's "immediate family member," is precluded from voting on matters pertaining to that member's compensation, or the compensation of any other member of the "independent evaluation committee, or any transaction with a business in which either the member or any other member of the independent evaluation committee holds a "financial interest." b) a voting member of any committee whose jurisdiction includes compensation matters and who receives compensation from the organization for services, whether directly or indirectly, is precluded from voting on matters pertaining to his/her compensation or the compensation of any more senior staff executive of brooklyn law school. (b) use of data for comparable compensation: prior to approving the compensation of any key employee or officer, the finance committee shall review and evaluate his or her compensation using data for comparing compensation of similarly qualified persons in functionally comparable positions at similarly situated educational institutions. (c) contemporaneous documentation and recordkeeping: the finance committee shall contemporaneously document and maintain records of its deliberations and decisions regarding such compensation arrangements.”

“The law school makes its form 990 available to the public upon request for the same period of disclosure as set forth in section 6104(d).”

“The organization, in a full transparency posture to reporting, is reporting all benefits in full in part vii, column f and not applying the $10,000 per item exception for certain benefits.”

“The fundamental mission of brooklyn law school is to provide its students with the knowledge, skills, and ethical values needed for a career in the law.”

“Number of volunteers: 152 career center programs & mentors 72 class chairs 57 law firm challenge rep.'s 301 alumni 43 president's advisory council/board of trustees 127 students 500 symposia/events/other”

“The fundamental mission of brooklyn law school is to provide its students with the knowledge, skills, and ethical values needed for a career in the law. A well-rounded legal education exposes students to theory and legal doctrine, and gives them the practical skills that will be expected of them as lawyers. In order to achieve its mission, the law school has created, and is continuing to create, a community of outstanding legal scholars and teachers and students who are among the best and the brightest. Brooklyn law school is dedicated to contributing to the advancement of our understanding of law, legal institutions, and society at large. Brooklyn law school's faculty produces an impressive body of work, including casebooks, treatises, and articles in distinguished law journals. The faculty's stature has greatly enhanced the law school's reputation throughout the united states and abroad. Brooklyn law school boasts more than a century of experience in training students to engage in the practice of law.”

“Change in value of split interest agreement 107,473. Other post-retirement related changes other than net periodic costs -490,453.”