2024-03-01T12:10:58-06:00 2023-06-30 910189318 Moss Adams LLP 3121 W March Ln Ste 200 Stockton CA 952192367 990 2022-07-01 954625327 Keck Graduate Institute of Applied Life Sciences KECK 9096077855 535 Watson Drive Claremont CA 91711 Mia Alonzo Controller and Assistant VP 9096077855 2024-02-28 1 Mia Alonzo 999009999 1 Tracy S Paglia P00366884 2099556100 2024-02-28 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Keck Graduate Institute Sheldon M Schuster PhD 535 Watson Drive Claremont CA 91711 86236077 0 X www.kgi.edu X 1997 CA Enrich society with breakthrough approaches to education and translational research in life sciences. 22 21 401 6 320880 319880 9645663 7107895 29818227 32162235 1690917 1501846 735214 1352689 41890021 42124665 4426279 5001799 0 0 22528245 22724139 0 0 1366738 15216287 13456363 42170811 41182301 -280790 942364 121856519 131444144 46534106 49432772 75322413 82011372 X Keck Graduate Institute's mission is to enrich society with breakthrough approaches to education and translational research in healthcare and the life sciences. 0 0 28970773 5001799 32162235 The institution's primary purpose is to offer innovative postgraduate degrees and certificates that integrate life and health sciences, business, pharmacy, and genetics, with a focus on industry projects, hands-on industry experiences, and team collaboration. Through its two schools, the Henry E. Riggs School of Applied Life Sciences (Riggs School) and the School of Pharmacy and Health Sciences (SPHS), KGI employs an entrepreneurial approach and industry connections that provide pathways for students to become leaders in bioscience and healthcare. Degrees include: Master of Business and Science (MBS); Master of Engineering (MEng) in Biopharmaceutical Processing; Master of Science (MS) in Applied Life Sciences; Master of Science in Medical Device Engineering (MSMDE); PhD in Applied Life Sciences; Postbaccalaureate Premedical Certificate (PPC); Postbaccalaureate Pre-PA Certificate; Certificate in Bioscience Management (CBM); Doctor of Pharmacy (PharmD); Master of Science in Human Genetics and Genetic Counseling (MSGC); Master of Science in Human Genetics and Genomic Data Analytics (MSGDA), Certificate in Applied Genomics, Master of Science in Physician Assistant Studies, Occupational Therapy Doctorate, and Master of Science in Community Medicine. KGI also offers a Master of Science in Translational Medicine and Master of Science in Regulatory Affairs in partnership with the Irell and Manella Graduate School of Biological Sciences at City of Hope. 28970773 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 946 0 1 401 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 22 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X Mia Alonzo 9096218043 101 S Mills Ave Claremont CA 91711 Sheldon Schuster President 40.00 1.00 X X 647835 0 53279 Kelleen S Esperias VP & COO, Treasurer 40.00 0.00 X 383251 0 54117 John L Krstenansky Prof. of Biopharmaceutical Sciences 40.00 0.00 X 228220 0 78166 Steven Casper Professor of Management 40.00 0.00 X 241465 0 59867 Martin Zdanowicz Dean, School of Applied Life Sciences & KGI School 40.00 0.00 X 224687 0 44976 Srikanth Kolluru Associate Dean of Assessment 40.00 0.00 X 213637 0 48840 Cynthia Martinez Dean of Community Medicine 40.00 0.00 X 204752 0 52059 Sue Behrens Professor in Bioprocessing 40.00 0.00 X 226634 0 29892 Gail G Orum-Alexander Associate Dean of Academic Affairs 40.00 0.00 X 215315 0 40833 E Sofia Toro Dean of Admissions & Financial Aid 40.00 0.00 X 204218 0 47963 Mia Alonzo Assistant Vice President/Controller 4.00 20.00 X 0 183403 57934 Sharlene Risdon-Jackson VP, Institutional Dvlpmt & Ptnerships 40.00 0.00 X 179887 0 46551 Cheryl Merritt Asst. Vice President of HR 40.00 0.00 X 168131 0 23713 Larry Grill Dean of Research 40.00 0.00 X 150855 0 26293 Megan Prosser Dean of Applied Life Sciences 40.00 0.00 X 124389 0 4443 Patricia Robidoux Secretary to the Board of Trustees 1.00 0.00 X 93593 0 11479 James Widergren Chairperson 1.00 1.00 X X 0 0 0 Yolanda Moses Vice-Chairperson 1.00 0.00 X X 0 0 0 Wade Ackerman Trustee 1.00 0.00 X 0 0 0 Isma Benattia Trustee 1.00 0.00 X 0 0 0 Karen Bernstein Trustee 1.00 0.00 X 0 0 0 Teresia Bost Trustee 1.00 0.00 X 0 0 0 Daniel Bradbury Trustee 1.00 0.00 X 0 0 0 Robert Curry Trustee 1.00 0.00 X 0 0 0 Jamie Dananberg Trustee 1.00 0.00 X 0 0 0 Steven Galson Trustee 1.00 0.00 X 0 0 0 Ross Grossman Trustee 1.00 0.00 X 0 0 0 Jose Ignacio Santos Trustee 1.00 0.00 X 0 0 0 Barbara Kosacz Trustee 1.00 0.00 X 0 0 0 Harlan Levine Trustee 1.00 0.00 X 0 0 0 Rodney Markin Trustee 1.00 0.00 X 0 0 0 Kiran Mazumdar-Shaw Trustee 1.00 0.00 X 0 0 0 Cecilia Montalvo Trustee 1.00 0.00 X 0 0 0 Carol Nacy Trustee 1.00 0.00 X 0 0 0 Monde Qhobosheane Trustee 1.00 0.00 X 0 0 0 Lydia Villa-Komaroff Trustee 1.00 0.00 X 0 0 0 Timothy White Trustee 1.00 0.00 X 0 0 0 Richmond Wolf Trustee 1.00 0.00 X 0 0 0 Richard Yochum Trustee (thru 09/22) 1.00 0.00 X 0 0 0 3506869 183403 680405 57 0 1 0 Squire Patton Boggs (US) LLP PO Box 643051 Cincinnati OH 452643051 Legal Services 988168 Kipjoe Inc 5525 Oakdale Ave Suite 450 Woodland Hills CA 91364 Construction 939093 Alpha Structural Inc 8334 Foothill Blvd Sunland CA 91040 Construction and Engineering 500959 Top Tier Construction Inc 6374 Jurupa Avenue Riverside CA 92504 Construction 384243 Beyond Services Inc 35536 Smith Avenue Beaumont CA 92223 Custodial Services 342663 15 7107895 100653 7107895 Gross Tuition and Fees 611710 26522502 26522502 Fed Grants & Contracts 611710 2434033 2434033 Private Contracts 611710 1948388 1948388 Team Masters Project 611710 956937 956937 Payments from Affiliate 611710 53095 53095 247280 247280 32162235 1639575 1639575 2108303 755614 1352689 1352689 320880 1031809 43218069 43355798 -137729 -137729 -137729 42124665 32162235 320880 2533655 5001799 5001799 2937341 1001191 1458090 478060 15506544 13840997 1222795 442752 1362283 1187127 126011 49145 1707696 1260254 384198 63244 1210275 1004069 158119 48087 12211 2730 9481 768494 209064 556912 2518 157843 157843 1736692 1423130 313222 340 500735 396405 39957 64373 1344303 1066958 247536 29809 1007607 318766 633591 55250 1260017 440225 819668 124 465683 413580 26042 26061 468355 337476 33322 97557 670298 670298 1288618 292258 996360 109065 109065 Payments to affiliates 2711493 89170 2616314 6009 Student Stipends 355219 355219 Lease Renewal Expense 279932 139966 139966 Building Repair 224581 143464 81117 95217 46925 44883 3409 41182301 28970773 10844790 1366738 7286316 3924824 4236887 452666 7605333 9759035 1087845 2419769 436893 332666 73135025 15515167 56526773 57619858 44676472 51131468 0 5803858 121856519 131444144 4394785 2812841 3949508 3178085 38189813 37593944 0 5847902 46534106 49432772 X 34350596 36419650 40971817 45591722 75322413 82011372 121856519 131444144 X 942364 5730412 16183 X 0 1 X 1 1 1 X 5130734 2872470 4348052 9645663 7107895 29104814 5130734 2872470 4348052 9645663 7107895 29104814 8743912 20360902 4011858 3584212 3327840 1904310 3426998 16255218 320880 320880 45680912 171060418 0.44570 0.38660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 23800 X 0 66948102 74803 5364072 482599 2075980 74538 69753860 73835559 989831 -5342587 408075 2038130 88496 66948102 67079510 79298 10004590 397231 2850595 80013 73835559 67477149 275122 4753808 398838 5027731 67079510 65511904 3002907 2974196 386508 3625350 67477149 0.57830 0.35220 0.06950 0 0 21500000 1806560 23306560 18200000 23576019 8828435 32947584 414364 309241 105123 7442139 6377491 1064648 195943 195943 57619858 Finance Lease Obligation 5694537 Operating Lease obligation 153365 5847902 X 44267309 5730412 771797 6502209 37765100 4359565 4359565 42124665 37578350 755614 755614 36822736 4359565 4359565 41182301 Part III, Line 4: The Institute's works of art enhance public spaces that are used for instruction and research. Part V, Line 4: To provide funding for the general operations of the Institute as well as for specific programmatic elements such as student fellowships and faculty professorships. Part X, Line 2: The Institute is exempt from Federal and California income taxes under Section 501(c)(3) of the Internal Revenue Code and Section 23701(d) of the California Revenue and Taxation Code, except for taxes on unrelated business income. Since the Institute had no material unrelated business income for the years ended June 30, 2023 and 2022, no provision for income taxes has been made in the accompanying financial statements. In accordance with generally accepted accounting principles, the Institute had no uncertain tax positions at June 30, 2023 and 2022. Part XI, Line 2d - Other Adjustments: Rental Expenses 755,614. Actuarial Adjustment 16,183. Part XI, Line 4b - Other Adjustments: Student Financial Aid 4,359,565. Part XII, Line 2d - Other Adjustments: Rental Expenses 755,614. Part XII, Line 4b - Other Adjustments: Student Financial Aid 4,359,565. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The Institute's nondiscrimination policy is reflected on its home page, print publications and in other media. Schedule E, Part I, Line 6 Keck Graduate Institute receives federal student financial aid from the Federal Direct Student Loan Program (FDSLP). 1 Student Financial Aid 564 5001799 Part I, Line 2: Keck Graduate Institute awards scholarships only to individual graduate students enrolled at the Institute. The scholarships are awarded in the admissions process based upon academic merit, financial need, and availability of funds. The Institute monitors that each student receiving a scholarship maintains satisfactory academic progress. In awarding donor-funded scholarships, the Institute also monitors that students selected for those scholarships meet any donor stipulations as to academic preparation or field of study. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Sheldon Schuster President 593835 0 0 0 54000 0 36600 0 16679 0 701114 0 0 0 Kelleen S Esperias VP & COO, Treasurer 383251 0 0 0 0 0 36600 0 17517 0 437368 0 0 0 John L Krstenansky Prof. of Biopharmaceutical Sciences 228220 0 0 0 0 0 29468 0 48698 0 306386 0 0 0 Steven Casper Professor of Management 241465 0 0 0 0 0 30345 0 29522 0 301332 0 0 0 Martin Zdanowicz Dean, School of Applied Life Science 224687 0 0 0 0 0 27354 0 17622 0 269663 0 0 0 Srikanth Kolluru Associate Dean of Assessment 213637 0 0 0 0 0 26514 0 22326 0 262477 0 0 0 Cynthia Martinez Dean of Community Medicine 180974 0 0 0 23778 0 25525 0 26534 0 256811 0 0 0 Sue Behrens Professor in Bioprocessing 226634 0 0 0 0 0 26326 0 3566 0 256526 0 0 0 Gail G Orum-Alexander Associate Dean of Academic Affairs 215315 0 0 0 0 0 26131 0 14702 0 256148 0 0 0 E Sofia Toro Dean of Admissions & Financial Aid 204218 0 0 0 0 0 25358 0 22605 0 252181 0 0 0 Mia Alonzo Assistant Vice President/Controller 0 177443 0 5000 0 960 0 31372 0 26562 0 241337 0 0 Sharlene Risdon-Jackson VP, Institutional Dvlpmt & Ptnership 179887 0 0 0 0 0 22356 0 24195 0 226438 0 0 0 Cheryl Merritt Asst. Vice President of HR 168131 0 0 0 0 0 20451 0 3262 0 191844 0 0 0 Larry Grill Dean of Research 150855 0 0 0 0 0 18254 0 8039 0 177148 0 0 0 Part I, Line 1b A residence or housing allowance is provided for the President. The housing allowance is treated as taxable compensation. X 1 100653 FMV 0 0 1 0 Part I, Column (b): The number in Part I, Column (b) represents the number of contributions. Form 990, Part VI, Section B, line 11b After being drafted by the Institute's certified public accountants, the return is reviewed by the Institute's controller's office, business office and Chief Financial and Operating Officer. After feedback has been received by the Institute's certified public accountants, a revised draft is reviewed by the members of the Institute's Audit & Risk Management Committee of the Board of Trustees. Once questions and comments from the Audit & Risk Management Committee have been addressed, the Audit & Risk Management Committee accepts the Form 990. Any feedback from the committee is incorporated into an updated draft by the Institute's certified public accountants and a final draft is provided to the full Board of Trustees for feedback before filing. The final form 990 is signed by the Controller and Assistant Vice President and then filed electronically by the Institute's certified public accountants Form 990, Part VI, Section B, line 12c The Audit and Risk Management Committee of the Institute's Board of Trustees requires that each trustee, officer, faculty member and management level staff complete an annual code of conduct and conflict of interest questionnaire. Any disclosures from the questionnaires that require Board action are referred to the appropriate Board Committees for response. Institute faculty and management also serve on a Conflict Monitoring Committee, which oversees interactions between the Institute's faculty or students and external academic collaborators to ensure that any conflicts of interest that arise are vetted and elevated to the appropriate Board Committees. Form 990, Part VI, Section B, line 15 The Executive Committee of the Institute's Board of Trustees is responsible for the annual review and recommendation for approval by the Board of the compensation of the President and of each of the President's direct reports, who include all senior staff members, corporate officers, and key employees of the Institute. To inform its recommendations, the Committee reviews independent benchmark salary survey data for comparable positions in higher education from sources such as the Association of Independent California Colleges and Universities (AICCU) and the College and University Professional Association for Human Resources (CUPA-HR). The Committee also reviews the specific job descriptions for each of these positions at the Institute, as well as any explanations of how the responsibilities of these positions vary from those of the positions in the survey data. The Committee also reviews the performance reviews of the individuals in these positions. The Committee's review process and the results of the process are documented in the Committee's meeting minutes. Form 990, Part VI, Section C, line 19 - Governing documents are available upon request - Financial statements are available upon request - Conflict of interest policy is available on the organization's website Form 990, Part XI, line 9: Actuarial Adjustment 16,183. The Claremont Colleges Inc 101 S Mills Ave Claremont CA 91711 954786748 Provide support to Claremont Colleges CA 501(c)(3) Line 12a, Type I N/A 0 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 1 1 0 0