2024-01-16T06:52:09-06:00 2023-08-31 990 2022-09-01 582229271 Robert W Woodruff Health Sciences Center Fund Inc ROBE 4045226755 191 Peachtree Street NE 3540 Atlanta GA 30303 P Russell Hardin President 4045226755 2024-01-16 P Russell Hardin 999009999 0 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z P Russell Hardin 191 Peachtree St NE 3540 Atlanta GA 30303 562279587 0 X N/A X 1996 GA To make grants and carry on other activities to support and benefit the Robert W. Woodruff Health Sciences Center, a division of Emory University which includes its schools of medicine, nursing, and public health and its medical research laboratories and hospitals. 5 5 14 0 0 0 37500058 17500036 0 0 151427361 76765766 0 0 188927419 94265802 178562068 45984140 0 0 438468 306134 0 0 0 850455 624041 179850991 46914315 9076428 47351487 1114739846 1162091366 353 386 1114739493 1162090980 X To make grants and carry on other activities to support and benefit the Robert W. Woodruff Health Sciences Center, a division of Emory University which includes its schools of medicine, nursing, and public health and its medical research laboratories and hospitals. 0 0 20282504 20200000 More than half of the annual funding distributed by the Woodruff Fund was designated to support the programs and facilities of the Winship Cancer Institute at Emory University. Winship is Georgia's only NCI-designated comprehensive cancer center. Woodruff Fund grants were used to recruit and retain faculty for dual appointments at Emory's medical school and the Winship Cancer Institute and to fund significant faculty research projects in cancer prevention, detection and treatment. More than one-third of the funds dedicated to support programs are used to support Winship's clinical trials program. Other significant allocations of program funds were made for information technology and data management, support of Winship's biostatistics and bioinformatics programs, and for supporting Winship's administration, shared resources, and its NCI cancer center support grant. Almost half of the distributions to Winship are allocated to pay for facilities. 19880870 19800000 Woodruff Fund grants supported strategic academic and research initiatives in the medical institutions that make up Emory's Woodruff Health Sciences Center. Significant support during this fiscal year was directed to Emory's School of Medicine to support an innovation awards grant program and Basic Science Task Force; to Emory's Global Health Institute; and to support new recruits to lead programs in radiochemistry, artificial intelligence, and diabetes research. A significant portion of the Woodruff Fund's support was also used to sustain a "Synergy Awards" program designed to encourage collaborative investigations across the Health Sciences Center's institutions. Additional support was provided for strategic investments in Emory's Rollins School of Public Health; the Yerkes Primate Research Center; the Georgia Clinical and Translational Sciences Alliance; and Emory's Immunology and Vaccine Research Center. A significant portion of the distributions to Emory's Woodruff Health Sciences Center are used to pay for facilities, including Emory's biomedical research facilities and School of Medicine building. 6008581 5984140 The Woodruff Fund oversees a separate investment account intended to grow research capacity for the Emory + Children's Pediatric Research Institute. In this fiscal year, the Fund disbursed almost $6 million toward a multi-year plan to recruit pediatric investigators focused on childhood cancer, cardiac and brain medicine, Sickle Cell disease, and Cystic Fibrosis. 46171955 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 X 5 0 14 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X Erik S Johnson 4045226755 191 Peachtree Street NE Suite 3540 Atlanta GA 30303 E JENNER WOOD III TRUSTEE CHAIRMAN 2.00 X 5000 0 0 M DOUGLAS IVESTER TRUSTEE- RETIRED 03/28/2023 1.00 X 5000 0 0 JOHN G RICE TRUSTEE VICE CHAIRMAN 1.00 X 5000 0 0 THOMAS J LAWLEY TRUSTEE- RETIRED 03/28/2023 1.00 40.00 X 5000 159983 26138 TIMOTHY C ROLLINS TRUSTEE 1.00 X 5000 0 0 LAWRENCE L GELLERSTEDT III TRUSTEE- ELECTED 03/28/2023 1.00 X 0 0 0 KATHELEN V AMOS TRUSTEE- ELECTED 03/28/2023 1.00 X 0 0 0 P RUSSELL HARDIN PRESIDENT 4.00 X 204889 0 9797 ERIK S JOHNSON SECRETARY/VICE PRESIDENT 4.00 X 33621 0 5267 ELI P NIEPOKY TREASURER 4.00 X 29732 0 6146 293242 159983 47348 1 0 1 0 TRUIST BANK 303 PEACHTREE ST ATLANTA GA 30308 INVESTMENT ADVISOR 199069 T ROWE PRICE ASSOCIATES PO BOX 64043 BALTIMORE MD 21264 INVESTMENT MANAGER 171132 GANNETT WELSH & KOTLER LLC 222 BERKELEY ST 15TH FLOOR BOSTON MA 02116 INVESTMENT MANAGER 118533 3 17500036 17500036 17500036 45116930 45116930 499662621 468013785 31648836 31648836 31648836 94265802 0 0 76765766 45984140 45984140 164470 88377 76093 95446 52801 42645 11102 6051 5051 24166 12631 11535 10950 5938 5012 2892 2892 1386 1386 573214 573214 2602 1431 1171 7893 4341 3552 24789 13634 11155 1061 644 417 5416 1285 4131 860 473 387 3392 3392 Organization dues 158 158 378 209 169 46914315 46171955 742360 0 5134 5202 322532 262617 41280 38713 3427 2567 660416032 732445064 453930567 429305567 62154 70349 1114739846 1162091366 353 386 353 386 X 0 0 0 0 1114739493 1162090980 1114739493 1162090980 1114739846 1162091366 47351487 0 X 0 0 0 X X 1 Emory University 580566256 2 1 45984140 0 1 45984140 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Schedule A, Part IV, Section C Almost all trustees of Robert W. Woodruff Health Sciences Center Fund, Inc. are actively involved in the management, supervision, or control of Emory University's Robert W. Woodruff Health Sciences Center as trustees, trustees emeritus, or members of management. Woodruff Fund Chairman E. Jenner Wood III is a trustee of Emory University and Chairman of its finance committee. John Rice is an Emory trustee and Chairman of the Woodruff Health Sciences Center. Timothy Rollins is an Emory trustee and serves on its Woodruff Health Sciences Center committee. Woodruff Fund trustee Douglas Ivester, who retired from the Woodruff Fund board in March 2023, is trustee emeritus of Emory University and former Chairman of the Woodruff Health Sciences Center board of trustees. Thomas Lawley, who retired from the Woodruff Fund board in March 2023, is former Dean of Emory's School of Medicine and current member of the Emory faculty. Two new trustees were elected during the fiscal year. Kathelen Amos is an Emory University trustee and serves on its Woodruff Health Sciences Center committee. Lawrence Gellerstedt III chairs the board of Grady Health System, which is a key business partner of Emory's Woodruff Health Sciences Center. Executive management of Emory's Woodruff Health Sciences Center and Emory University's president participate in all meetings of the Woodruff Fund's trustees. Control of the Woodruff Fund is structured in a manner to ensure the Woodruff Fund is organized and operated for the benefit of and is supervised or controlled in connection with Emory's Woodruff Health Sciences Center and to ensure the Woodruff Fund is responsive to the needs and requirements of the Woodruff Health Sciences Center and its related institutions. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12906 10339 2567 28374 28374 0 2567 THE COCA-COLA COMPANY STOCK 429305567 C 429305567 457b Plan 194 Benefit Plan 192 386 1 EMORY UNIVERSITY 1440 Clifton Road NE Atlanta GA 30322 580566256 501(c)(3) 40000000 0 Support Winship Cancer Institute and Woodruff Health Sciences Center programs and facilities EMORY UNIVERSITY 1440 Clifton Road NE Atlanta GA 30322 580566256 501(c)(3) 5984140 0 Support for pediatric research plan 1 Part I, Line 2: Woodruff Fund officers meet regularly and often with the CEO of the Woodruff Health Sciences Center, the Dean of the Emory School of Medicine, the Director of the Winship Cancer Institute and their staffs to discuss projects using Woodruff Fund grant money. Woodruff Fund trustees and officers receive formal written reports at least twice per year describing actions taken since the last report for each programmatic initiative using Woodruff Fund grant money. The Woodruff Fund board meets two times per year, at which time senior staff from the Woodruff Health Sciences Center institutions report in person on the use of grant funds. Woodruff Fund trustees also serve significant roles on the governing board of Emory University and its Woodruff Health Sciences Center, from which positions they may monitor the use of Woodruff Fund grant money. X 0 1 X X 0 1 0 0 0 0 0 0 0 P RUSSELL HARDIN PRESIDENT 55381 0 0 0 149508 0 6651 0 3146 0 214686 0 0 0 THOMAS J LAWLEY TRUSTEE- RETIRED 03/28/2023 5000 159983 0 0 0 0 0 0 0 26138 5000 186121 0 0 Part I, Line 1a The organization pays each employee's share of Social Security and Medicare taxes on the cost of excess group-term life included in gross wages. The policy and associated gross-up payments cover all employees. Part I, Line 1b The organization does not have a written policy regarding tax gross-up payments; however, management approves the payments each year. Part I, Line 4b The Foundation credited P. Russell Hardin with $4,626 , Erik Johnson with $1,123, and Eli Niepoky with $526 to an unfunded, unvested 457(f) Plan. Upon vesting on June 1, 2022, P. Russell Hardin received $147,468 from the 457(f) Plan and that amount is included in Part II, column B(iii). X 294663 17500036 FAIR MARKET VALUE 0 0 0 Form 990, Part V, Lines 2a and 2b: The organization participates in a common administrative arrangement with five other charitable organizations. All employees are paid by a common paymaster that remits all payroll taxes and files the associated W-2s. Each organization reimburses the common paymaster for its proportionate share of administrative expenses. Fourteen individuals were employed during the calendar year. Form 990, Part VI, Section A, line 2 Certain Fund trustees and officers shared business relationships during the reporting year. E. Jenner Wood III, Chairman, and P. Russell Hardin, President of the Woodruff Fund, both serve as directors of the Genuine Parts Company, a publicly traded corporation. Form 990, Part VI, Section A, line 4 The Woodruff Fund amended its bylaws in March 2023 to change the retirement age for trustees to 75 and to change the annual meeting date to August. Other minor amendments were made to conform the bylaws to preferred practice. Form 990, Part VI, Section B, line 11b The Form 990 is prepared with financial data which has been reviewed by the governing board. The Assistant Controller prepares the 990 with the aid of tax preparation software. Numbers are verified against financial statements. The 990 is then reviewed by the Controller, Treasurer, Secretary and President. The draft 990 is distributed to all governing board members for their review prior to filing, leaving adequate time for comments and corrections. Form 990, Part VI, Section B, line 12c Officers and trustees disclose annually those affiliations which may give rise to a conflict of interest. The Secretary keeps conflict disclosures on file. Trustees consider conflicts or potential conflicts before making grant determinations. Disclosure is made on the record. Officers consult the list of conflicts or potential conflicts when making vendor decisions. Form 990, Part VI, Section B, line 15 The governing board determines compensation for all officers and staff. In setting compensation, trustees consult two independent compensation studies showing compensation data at comparable organizations. Individual compensation amounts are evaluated and determined annually as part of the budgeting process conducted at the board's March meeting; calendar year 2023 compensation was determined during the March 2023 board meeting. Form 990, Part VI, Section C, line 19 The organization's governing documents, conflict of interest policy and financial statements are kept by the organization's Secretary and are made available upon request. Emory University 1440 Clifton Road NE Atlanta GA 30322 580566256 Education, Research GA 501(C)(3) 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0