FURP.ORG / PUBLIC DATA EXPLORER

THE MULTIPLE MYELOMA RESEARCH FOUNDATION INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
THE MULTIPLE MYELOMA RESEARCH FOUNDATION INC (EIN 06-1504413)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-09-24
IRS object ID
202422689349300902
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-09-24T09:49:06-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN873231666PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PKF O'CONNOR DAVIES ADVISORY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13001 SUMMER STREET 5TH FLOOR EASTAddressLine1Txt
CitySTAMFORDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06905ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN061504413EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE MULTIPLE MYELOMA RESEARCHBusinessNameLine1Txt
Business Name Line2FOUNDATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlMULTBusinessNameControlTxt
Phone2032290464PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1383 MAIN AVE 5TH FLAddressLine1Txt
CityNORWALKCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06851ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL ANDREINIPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone2032290464PhoneNum
Signature2024-09-24SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMELISSA MODELSONPreparerPersonNm
PTINP01603524PTIN
Phone2033232400PhoneNum
Preparation2024-09-23PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-08-08 14:25:15ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMICHAEL ANDREINIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1383 MAIN AVE 5TH FLAddressLine1Txt
CityNORWALKCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06851ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$137,185,152GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.THEMMRF.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1998FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionSEE SCHEDULE OActivityOrMissionDesc
Voting Members Governing Body17VotingMembersGoverningBodyCnt
Voting Members Independent16VotingMembersIndependentCnt
Total Employee78TotalEmployeeCnt
Total Volunteers300TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$42,022,114PYContributionsGrantsAmt
CY Contributions Grants$30,976,388CYContributionsGrantsAmt
PY Program Service Revenue$2,152,800PYProgramServiceRevenueAmt
CY Program Service Revenue$1,281,492CYProgramServiceRevenueAmt
PY Investment Income$670,999PYInvestmentIncomeAmt
CY Investment Income$1,692,518CYInvestmentIncomeAmt
PY Other Revenue$198,561PYOtherRevenueAmt
CY Other Revenue$192CYOtherRevenueAmt
PY Total Revenue$45,044,474PYTotalRevenueAmt
CY Total Revenue$33,950,590CYTotalRevenueAmt
PY Grants And Similar Paid$4,589,741PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$8,051,387CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$10,374,937PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$11,521,963CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$5,573,068CYTotalFundraisingExpenseAmt
PY Other Expenses$23,316,052PYOtherExpensesAmt
CY Other Expenses$22,317,479CYOtherExpensesAmt
PY Total Expenses$38,280,730PYTotalExpensesAmt
CY Total Expenses$41,890,829CYTotalExpensesAmt
PY Revenues Less Expenses$6,763,744PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$7,940,239CYRevenuesLessExpensesAmt
Total Assets BOY$89,097,661TotalAssetsBOYAmt
Total Assets EOY$80,227,632TotalAssetsEOYAmt
Total Liabilities BOY$25,407,747TotalLiabilitiesBOYAmt
Total Liabilities EOY$23,942,208TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$63,689,914NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$56,285,424NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE OMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,965,510ExpenseAmt
Grant$650,000GrantAmt
Revenue$1,281,492RevenueAmt
DescTHE MMRC IS A NETWORK OF 14 LEADING CANCER CENTERS AND ADDRESSES THREE CRITICAL AREAS OF UNMET NEEDS: HIGH-RISK SMOLDERING MYELOMA, HIGH-RISK UPFRONT TREATMENT FOR SYMPTOMATIC MULTIPLE MYELOMA, AND RELAPSED/REFRACTORY TREATMENT AFTER ANTI-CD38 AND BCMA-DIRECTED THERAPIES.IN 2023, THE MMRF DEVELOPED THE HORIZON ADAPTIVE TRIALS PROGRAM. SLATED TO OPEN IN 2024, HORIZON WILL TEST TREATMENT STRATEGIES THROUGH TWO TRIALS IN PATIENTS WITH RELAPSED/REFRACTORY DISEASE AND THOSE WHO ARE NEWLY DIAGNOSED AND HAVE HIGH-RISK DISEASE. THE ADAPTIVE NATURE OF THE TRIALS ALLOWS INVESTIGATORS TO TEST MULTIPLE THERAPIES SIMULTANEOUSLY AND REDUCE THE AMOUNT OF TIME NEEDED TO EVALUATE NEW THERAPIES. INVESTIGATORS CAN THEN RAPIDLY EXPAND PATIENT COHORTS RECEIVING TREATMENT REGIMENS WITH POSITIVE OUTCOMES AND EFFICIENTLY CLOSE EXPERIMENTAL PROTOCOLS WITH LESS-THAN-OPTIMAL OUTCOMES. GROUNDBREAKING CLINICAL TRIALS LIKE HORIZON ARE ONLY POSSIBLE THROUGH LARGER-SCALE, MULTI-INSTITUTIONAL COOPERATION. THESE TRIALS ALLOW THE MMRC TO EXPLORE COMBINATION THERAPIES REGARDLESS OF MANUFACTURER, PUTTING THE MOST PROMISING SCIENCE AND THE URGENT NEED OF PATIENTS AHEAD OF PHARMACEUTICAL PROFITS OR INDUSTRY COMPETITION.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$4,698,792ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescIN 2023, THE MMRF CONTINUED TO BUILD OUT THE MMRF IMMUNE ATLAS INITIATIVE (THE "ATLAS"), AN IMMUNE PROFILING AND ANALYTICS PLATFORM USING DATA AND SAMPLES FROM THE COMMPASS STUDY TO GENERATE DATA ON THE ROLE OF PATIENT IMMUNITY IN MYELOMA DISEASE BIOLOGY AND RESPONSE TO THERAPY, AND TO SUPPORT AND SPEED EFFORTS TO MAKE IMMUNOTHERAPY MORE PRECISE FOR MYELOMA PATIENTS. THE ATLAS WILL DESCRIBE THE IMMUNE LANDSCAPE IN MYELOMA AND HOW IT CHANGES THROUGHOUT THE COURSE OF THE DISEASE AND TREATMENT. THIS EFFORT IS A CRITICAL FIRST STEP TO ESTABLISH GUIDELINES AND ALIGNMENT ON HOW IMMUNE DATA IS PRODUCED, PRIORITIZED, AGGREGATED, AND SHARED. AT SCALE, IT HAS THE POTENTIAL TO IDENTIFY NEW IMMUNOLOGIC FACTORS PREDICTIVE OF PATIENT RESPONSE OR RELAPSE TO THERAPY, TO IDENTIFY NEW IMMUNE TARGETS FOR DRUG DEVELOPMENT AND, EVENTUALLY, ENABLE CLINICIANS TO CUSTOMIZE TREATMENTS AND THERAPIES BASED ON AN INDIVIDUAL'S IMMUNE SYSTEM.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$4,364,457ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescIN 2023, THE MMRF CONCLUDED ENROLLMENT IN THE MMRF CURECLOUD ("CURECLOUD") RESEARCH INITIATIVE, MAKING IT ONE OF THE LARGEST LONGITUDINAL DATA SETS IN MULTIPLE MYELOMA, WITH OVER 1,000 PATIENTS ENROLLED. THE DATA FROM THIS STUDY, WHICH INCLUDES CLINICAL GENOMIC, IMMUNE, AND PATIENT-REPORTED OUTCOMES, IS BEING ANALYZED IN ONGOING RESEARCH AND WILL BE MADE AVAILABLE TO RESEARCHERS TO HELP ANSWER IMPORTANT MYELOMA RESEARCH QUESTIONS AND INFORM FUTURE MMRF DATA-GENERATING INITIATIVES, ALL IN SUPPORT OF THE MMRF'S MISSION.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$20,938,599ExpenseAmt
Grant$7,401,387GrantAmt
Revenue$192RevenueAmt
DescIN ADDITION TO THE PROGRAM EXPENSES DESCRIBED ABOVE, CORRESPONDING ACTIVITIES IN ALIGNMENT WITH THE OVERALL GOALS OF THE ORGANIZATION ARE ALSO SUPPORTED. THESE INCLUDE A PORTFOLIO OF CUTTING-EDGE RESEARCH PROGRAMS IN BASIC SCIENCE, WHICH IDENTIFIES NEW TARGETS THROUGH GENOMICS AND PROTEOMICS RESEARCH; VALIDATION STUDIES, WHICH IDENTIFY NEW COMPOUNDS AND COMBINATIONS IN RESEARCH MODELS BASED ON HIGH-PRIORITY TARGETS; AND INNOVATIVE CLINICAL TRIALS OF NOVEL AND COMBINATION TREATMENTS. AS A PATIENT-FOUNDED ORGANIZATION, THE MMRF STANDS TOGETHER WITH THOSE WHO ARE BATTLING MULTIPLE MYELOMA - PATIENTS, FAMILIES, PHYSICIANS, RESEARCHERS, AND INVESTORS. AT THE SAME TIME, THE MMRF STANDS APART WITH ITS INNOVATIVE APPROACH. THE MMRF GENERATES, INTERPRETS, AND ACTIVATES THE LARGEST COLLECTION OF HIGH-QUALITY DATA AND PLACES IT IN THE PUBLIC DOMAIN. THE MMRF ORCHESTRATES THE PEOPLE, PROGRAMS, AND TECHNOLOGIES NECESSARY TO SPEED THE DISCOVERY OF A CURE FOR EACH AND EVERY PATIENT.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$20,938,599TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$7,401,387TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$192TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$34,967,358TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related InvstYes (1)ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document67IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee78EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members17GoverningBodyVotingMembersCnt
Independent Voting Member16IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldALStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldARStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldRIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWVStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JOANNE PUGLIABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2036520207PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1383 MAIN AVE 5TH FLOORAddressLine1Txt
CityNORWALKCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06851ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
KATHY GIUSTI
FOUNDER & DIRECTOR20.00Yes (X)$183,333$0$0
THOMAS CONHEENEY
CHAIRMAN2.00Yes (X)$0$0$0Yes (X)
GERALD MCDOUGALL
VICE CHAIRMAN2.00Yes (X)$0$0$0Yes (X)
KENNETH ANDERSON MD
DIRECTOR2.00Yes (X)$0$0$0
KAREN ANDREWS
DIRECTOR2.00Yes (X)$0$0$0
RODNEY GILMORE
DIRECTOR2.00Yes (X)$0$0$0
DAVID LUCCHINO
DIRECTOR2.00Yes (X)$0$0$0
LORI TAUBER-MARCUS
DIRECTOR2.00Yes (X)$0$0$0
HUGH MARTIN
DIRECTOR2.00Yes (X)$0$0$0
SUSAN MARVIN
DIRECTOR2.00Yes (X)$0$0$0
WILLIAM MCKIERNAN
DIRECTOR2.00Yes (X)$0$0$0
MICHAEL MORTIMER
DIRECTOR2.00Yes (X)$0$0$0
DAVID PARKINSON MD
DIRECTOR2.00Yes (X)$0$0$0
MARIE PINIZZOTTO MD
DIRECTOR2.00Yes (X)$0$0$0
ADRIAN ROSENKRANZ
DIRECTOR2.00Yes (X)$0$0$0
STEVE SHAK MD
DIRECTOR2.00Yes (X)$0$0$0
KIMBERLY WHITE
DIRECTOR2.00Yes (X)$0$0$0
MICHAEL ANDREINI
PRESIDENT & CEO40.00$527,575$0$24,958Yes (X)
ROBERT MIANI
TREASURER & CFO40.00$385,910$0$28,032Yes (X)
KAREN DIETZ
SECRETARY, CAO & GENERAL COUNSEL40.00$280,128$0$35,695Yes (X)
ANNE QUINN YOUNG
CHIEF MISSION OFFICER40.00$368,426$0$23,135Yes (X)
GEORGE MULLIGAN
CHIEF SCIENTIFIC OFFICER40.00$358,470$0$39,082Yes (X)
PETER KOSA
MIF MANAGING DIR., THRU MAY 202340.00$247,225$0$15,580Yes (X)
CHRISTOPHER WILLIAMS
VP OF ALLIANCE MANAGEMENT40.00$237,539$0$31,093Yes (X)
EVA M LEPISTO
VP OF INFORMATICS40.00$225,272$0$10,378Yes (X)
HEARN CHO
CHIEF MEDICAL OFFICER32.00$223,354$0$8,934Yes (X)
KATIE WOZNIAK
VP OF CLINICAL RESEARCH40.00$210,845$0$29,597Yes (X)
MINDY FLINN
VP OF DEVELOPMENT, THRU SEPT. 202340.00$166,712$0$19,369Yes (X)
GREG RUBENSTEIN
VP OF MARKETING40.00$218,085$0$32,026Yes (X)
CHARLES VOLPE
DIRECTOR, PR & COMM., THRU DEC. 202340.00$204,169$0$23,980Yes (X)
TODD BROOKS
SR PRINCIPAL GIFT OFFICER40.00$200,866$0$9,243Yes (X)
JOANNE PUGLIA
SR DIRECTOR FINANCE, CONTROLLER40.00$195,754$0$10,193Yes (X)
MARK HAMILTON
ASSOCIATE DIRECTOR, RESEARCH40.00$187,297$0$12,462Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$4,420,960TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$353,757TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K45IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
REDMEDED LLC
5 GREAT VALLEY PARKWAY SUITE 221MALVERNPA19355CONTINUING MEDICAL EDUCATION$1,578,567
CYBER X DESIGNS LLC DBA ARTERIC
4270 IVY POINTE BLVDCINCINNATIOH45245MARKETING CONSULTANT$1,524,985
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
1 GUSTAVE LEVY PLACENEW YORKNY10029CONTRACT RESEARCH$1,438,990
DANA FARBER CANCER INSTITUTE
450 BROOKLINE AVEBOSTONMA02215CONTRACT RESEARCH$1,151,140
TGEN
445 N FIFTH STREETPHOENIXAZ85004CONTRACT RESEARCH$1,122,765
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K53CntrctRcvdGreaterThan100KCnt
All Other Contributions$30,976,388AllOtherContributionsAmt
Noncash Contributions$251,490NoncashContributionsAmt
Total Contributions$30,976,388TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescRESEARCH & CLINICAL TRIALSDesc
Business541610BusinessCd
Total Revenue Column$1,281,492TotalRevenueColumnAmt
Related Or Exempt Func Income$1,281,492RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,281,492TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,696,550TotalRevenueColumnAmt
Exclusion$1,696,550ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$192TotalRevenueColumnAmt
Related Or Exempt Func Income$192RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$103,230,530SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$103,234,562SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$4,032SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$4,032TotalRevenueColumnAmt
Exclusion-$4,032ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$33,950,590TotalRevenueColumnAmt
Related Or Exempt Func Income$1,281,684RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,692,518ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$7,276,387TotalAmt
Program Services$7,276,387ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$775,000TotalAmt
Program Services$775,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$3,680,642TotalAmt
Program Services$2,538,092ProgramServicesAmt
Management And General$375,543ManagementAndGeneralAmt
Fundraising$767,007FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$6,405,349TotalAmt
Program Services$4,416,994ProgramServicesAmt
Management And General$653,550ManagementAndGeneralAmt
Fundraising$1,334,805FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$177,382TotalAmt
Program Services$122,319ProgramServicesAmt
Management And General$18,099ManagementAndGeneralAmt
Fundraising$36,964FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$549,023TotalAmt
Program Services$378,595ProgramServicesAmt
Management And General$56,018ManagementAndGeneralAmt
Fundraising$114,410FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$709,567TotalAmt
Program Services$489,302ProgramServicesAmt
Management And General$72,398ManagementAndGeneralAmt
Fundraising$147,867FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$344,764TotalAmt
Program Services$318,092ProgramServicesAmt
Management And General$2,182ManagementAndGeneralAmt
Fundraising$24,490FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$57,505TotalAmt
Program Services$53,056ProgramServicesAmt
Management And General$364ManagementAndGeneralAmt
Fundraising$4,085FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$60,000TotalAmt
Program Services$55,358ProgramServicesAmt
Management And General$380ManagementAndGeneralAmt
Fundraising$4,262FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$5,662,222TotalAmt
Program Services$4,435,659ProgramServicesAmt
Management And General$116,454ManagementAndGeneralAmt
Fundraising$1,110,109FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,009,835TotalAmt
Program Services$1,631,552ProgramServicesAmt
Management And General$12,722ManagementAndGeneralAmt
Fundraising$365,561FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,897,212TotalAmt
Program Services$1,364,508ProgramServicesAmt
Management And General$3,285ManagementAndGeneralAmt
Fundraising$529,419FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,991,345TotalAmt
Program Services$1,837,287ProgramServicesAmt
Management And General$12,605ManagementAndGeneralAmt
Fundraising$141,453FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$207,010TotalAmt
Program Services$190,995ProgramServicesAmt
Management And General$1,310ManagementAndGeneralAmt
Fundraising$14,705FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$669,418TotalAmt
Program Services$375,653ProgramServicesAmt
Management And General$9,583ManagementAndGeneralAmt
Fundraising$284,182FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$670,588TotalAmt
Program Services$19,692ProgramServicesAmt
Fundraising$650,896FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$762,057TotalAmt
Program Services$717,480ProgramServicesAmt
Management And General$14,749ManagementAndGeneralAmt
Fundraising$29,828FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$183,372TotalAmt
Program Services$169,186ProgramServicesAmt
Management And General$1,161ManagementAndGeneralAmt
Fundraising$13,025FundraisingAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
CLINICAL TRIAL/RESEARCH$7,270,131$7,270,131
TISSUE BANKING$532,020$532,020

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$41,890,829TotalAmt
Program Services$34,967,358ProgramServicesAmt
Management And General$1,350,403ManagementAndGeneralAmt
Fundraising$5,573,068FundraisingAmt
FieldValueIRS element (for citing)
Joint CostsYes (X)JointCostsInd

Total Joint Costs TotalJointCostsGrp

FieldValueIRS element (for citing)
Total$303,228TotalAmt
Program Services$151,177ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$152,051FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$5,060,628BOYAmt
EOY$1,373,960EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$13,092,430BOYAmt
EOY$3,484,634EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$5,229,372BOYAmt
EOY$3,195,258EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$8,274,610BOYAmt
EOY$3,739,397EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$896,043BOYAmt
EOY$715,352EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$5,002,292LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,364,594LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,964,126BOYAmt
EOY$2,637,698EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$41,091,535BOYAmt
EOY$48,157,559EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$11,719,698BOYAmt
EOY$16,363,985EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$769,219BOYAmt
EOY$559,789EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$89,097,661BOYAmt
EOY$80,227,632EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$15,173,286BOYAmt
EOY$19,417,597EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$43,261BOYAmt
EOY$980,000EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$9,131,077BOYAmt
EOY$2,808,555EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,060,123BOYAmt
EOY$736,056EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$25,407,747BOYAmt
EOY$23,942,208EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$56,121,149BOYAmt
EOY$53,786,450EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,568,765BOYAmt
EOY$2,498,974EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$63,689,914BOYAmt
EOY$56,285,424EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$89,097,661BOYAmt
EOY$80,227,632EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$7,940,239ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$1,164,786NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$629,037OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$39,651,088CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$25,012,712CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$37,089,868CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$42,022,114CurrentTaxYearMinus1YearAmt
Current Tax Year$30,976,388CurrentTaxYearAmt
Total$174,752,170TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$39,651,088CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$25,012,712CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$37,089,868CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$42,022,114CurrentTaxYearMinus1YearAmt
Current Tax Year$30,976,388CurrentTaxYearAmt
Total$174,752,170TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$22,428,707SubstantialContributorsTotAmt
Public Support Total170$152,323,463PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,349,522CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$426,629CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$100,955CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$679,638CurrentTaxYearMinus1YearAmt
Current Tax Year$1,696,550CurrentTaxYearAmt
Total$4,253,294TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$6,000CurrentTaxYearMinus1YearAmt
Total$6,000TotalAmt
FieldValueIRS element (for citing)
Total Support$179,011,464TotalSupportAmt
Gross Receipts Rltd Activities$14,050,153GrossReceiptsRltdActivitiesAmt
Public Support CY1700.85090PublicSupportCY170Pct
Public Support PY1700.84330PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationOTHER INCOME - 2022 AMOUNT: $ 6,000.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$635,825OtherCostOrOtherBasisAmt
Depreciation$399,566DepreciationAmt
Book Value$236,259BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$408,670OtherCostOrOtherBasisAmt
Depreciation$253,875DepreciationAmt
Book Value$154,795BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,957,797OtherCostOrOtherBasisAmt
Depreciation$1,711,153DepreciationAmt
Book Value$2,246,644BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,637,698TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (11 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
CULLINAN MICA CORP.$3,138,051F
ABCURO, INC.$1,411,251F
INDAPTA THERAPEUTICS$2,088,027F
FORTIS THERAPEUTIC$500,000F
CYTOIMMUNE THERAPEUTICS$1,999,995F
TRIUMVIRA IMMUNOLOGICS$1,000,001F
TELO THERAPEUTICS$1,060,000F
LUMINARY THERAPEUTICS$1,000,000F
KAHR MEDICAL LTD.$2,666,667F
NECTIN THERAPEUTICS$999,995F
REVERB THERAPEUTICS$499,998F
FieldValueIRS element (for citing)
Total Book Value Program Rltd$16,363,985TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOPERATING LEASE LIABILITYDesc
Amt$736,056Amt
FieldValueIRS element (for citing)
Total Liability$736,056TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$34,446,110TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$1,164,786NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$794,383DonatedServicesAndUseFcltsAmt
Revenue Not Reported$1,959,169RevenueNotReportedAmt
Revenue Subtotal$32,486,941RevenueSubtotalAmt
Other Revenues Not Included$1,463,649OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$1,463,649RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$33,950,590TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$41,221,563TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$794,383DonatedServicesUseFcltsAmt
Expenses Not Reported$794,383ExpensesNotReportedAmt
Expenses Subtotal$40,427,180ExpensesSubtotalAmt
Other Expenses Not Included$1,463,649OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$1,463,649ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$41,890,829TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE MMRF RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE MMRF HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE.
PART XI, LINE 4B - OTHER ADJUSTMENTS:SPECIAL EVENT EXPENSES RECLASSED TO PART IX 1,463,649.
PART XII, LINE 4B - OTHER ADJUSTMENTS:SPECIAL EVENT EXPENSES RECLASSED TO PART IX 1,463,649.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
EUROPE (INCLUDING ICELAND & GREENLAND)00GRANTMAKING$750,000
NORTH AMERICA00GRANTMAKING$25,000
MIDDLE EAST AND NORTH AFRICA00INVESTMENTS$3,666,662
NORTH AMERICA00INVESTMENTS$499,998
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$4,941,660SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$4,941,660TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (2 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtNon Cash AssistanceNonCashAssistanceAmt
EUROPE (INCLUDING ICELAND & GREENLAND)MAC GRANT$750,000WIRE$0
NORTH AMERICASITE INVESTMENT GRANT$25,000WIRE$0
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 2:MMRF RECEIVES PROGRESS REPORTS ON HOW THE GRANTED FUNDS ARE USED. MMRF CONDUCTS A REVIEW PROCESS, DURING WHICH THE INVESTIGATOR'S PROGRESS REPORT IS REVIEWED BY OUTSIDE REVIEWERS TO ENSURE THAT THE APPROPRIATE PROGRESS WAS MADE ON THE STUDY. ONCE THE RESEARCH EMPLOYEE ASSIGNED TO GRANT COORDINATION RECEIVES NOTIFICATION FROM THE REVIEWERS APPROPRIATE PROGRESS WAS MADE AND THE FINDINGS SUPPORT CONTINUES STUDY, HE/SHE PRESENTS THE PROGRESS AND FINDINGS TO AN APPROVAL COMMITTEE FOR A FUNDING RELEASE.
SCHEDULE F, PART IV, LINE 1:THE ORGANIZATION IS REQUIRED TO FILE FORM 926 AS IT MEETS THE APPLICABLE FILING REQUIREMENT THRESHOLDS.
SCHEDULE F, PART IV, LINE 3:THE ORGANIZATION IS NOT REQUIRED TO FILE FORM 5471 AS DOES NOT MEET THE APPLICABLE FILING REQUIREMENT THRESHOLDS OR OWNERSHIP AMOUNT.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (21 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
BARBARA ANN KARMANOS CANCER HOSPITAL
4100 JOHN R STREETDETROITMI48201201649466501(C)(3)$100,000$0SITE INVESTMENT GRANT
BETH ISRAEL DEACONESS MEDICAL CENTER
330 BROOKLINE AVENUEBOSTONMA02215042103881501(C)(3)$612,829$0SITE INVESTMENT GRANT, IMMUNOTHERAPY
CITY OF HOPE
1500 EAST DUARTE ROAD MEDICALDURATECA91010953435919501(C)(3)$130,000$0SITE INVESTMENT GRANT, FELLOW, IMMUNOTHERAPYOFFICE BLD 3RD FLOOR
DANA FARBER CANCER INSTITUTE
44 BINEY STBOSTONMA02115042263040501(C)(3)$1,050,000$0SITE INVESTMENT GRANT, IMMUNOTHERAPY, PREVENTION
EMORY UNIVERSITY
1365 CLIFTON RD BLDG CATLANTAGA30322580566256501(C)(3)$613,060$0SITE INVESTMENT GRANT, FELLOW, IMMUNOTHERAPY, PREVENTION
HACKENSACK UNIVERSITY MEDICAL CENTER
360 ESSEX CENTER SUITE 302HACKENSACKNJ07601221487576501(C)(3)$101,729$0SITE INVESTMENT GRANT
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
ONE GUSTAVE L LEVY PLACE PO BOXNEW YORKNY10029136171197501(C)(3)$1,964,644$0SITE INVESTMENT GRANT, IMMUNOTHERAPY1075
INDIANA UNIVERSITY
400 E 7TH STREET POPLARS 501BLOOMINGTONIN47405356001673501(C)(3)$7,500$0FELLOW
LEVINE CANCER CENTER
1021 MOREHEAD MEDICAL DRIVECHARLOTTENC28204560529945501(C)(3)$50,000$0SITE INVESTMENT GRANT
MAYO CLINIC - ROCHESTER
200 FIRST STREET SWROCHESTERMN55905416011702501(C)(3)$405,695$0SITE INVESTMENT GRANT
MEMORIAL SLOAN-KETTERING CANCER CENTER
1275 YORK AVENUENEW YORKNY10065131924236501(C)(3)$100,000$0SITE INVESTMENT GRANT, FELLOW, TRANSLATIONAL CORE, PREVENTION
OHIO STATE UNIVERSITY RESEARCH FOUNDATION
B321 STARLING LOVING HALL 320 WESTCOLUMBUSOH43210316401599501(C)(3)$55,000$0SITE INVESTMENT GRANT10TH AVENUE
SARAH CANNON RESEARCH INSTITUTE LLC
3322 WEST END ROAD SUITE 900NASHVILLETN37203201557751$100,000$0SITE INVESTMENT GRANT
THE UNIVERSITY OF CHICAGO
5841 S MARYLAND AVENUE MC 2115CHICAGOIL60637362177139STATE OF ILLINOIS$100,000$0SITE INVESTMENT GRANT, FELLOW
UCSF MYELOMA RESEARCH PROGRAM
1855 FOLSOM STREET ROOM 423SAN FRANCISCOCA94103946036493501(C)(3)$150,000$0SITE INVESTMENT GRANT
UNIVERSITY OF MICHIGAN
4310 CANCER CENTER 1500 EASTANN ARBORMI48109386006309STATE OF MICHIGAN$25,000$0SITE INVESTMENT GRANTMEDICAL CENTER DRIVE
UNIVERSITY OF TEXAS- SOUTHWESTERN MEDICAL CENTER
5323 HARRY HINES BOULEVARDDALLASTX75390756002868STATE OF TEXAS$110,000$0SITE INVESTMENT GRANT
WASHINGTON UNIVERSITY IN ST LOUIS
660 E EUCLID AVENUEST LOUISMO63110430653611501(C)(3)$806,802$0SITE INVESTMENT GRANT, IMMUNOTHERAPY
BE THE MATCH FOUNDATION
500 N 5TH STREETMINNEAPOLISMN55401411704734501(C)(3)$10,000$0IMMUNOTHERAPY
MASSACHUSETTS GENERAL HOSPITAL
55 FRUIT STREETBOSTONMA02114042697983501(C)(3)$42,500$0SITE INVESTMENT GRANT, IMMUNOTHERAPY
THE REGENTS OF THE UNIVERSITY OF CALIFORNIA SAN FRANCISCO
490 ILLINOIS STREET 4TH FLOORSAN FRANCISCOCA94143946036493501(C)(3)$60,000$0IMMUNOTHERAPY
FieldValueIRS element (for citing)
Total501c3 Org20Total501c3OrgCnt
Total Other Org1TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE OVERALL RESEARCH BUDGET IS PRESENTED TO THE MMRF BOARD. THE BUDGET IS BROKEN DOWN INTO THREE MAIN CATEGORIES WHICH INCLUDE THE FOLLOWING GRANT TYPES: A) DATA BANK: MMRF-SPONSORED LONGITUDINAL MOLECULAR AND IMMUNE STUDIES (COMMPASS AND THE MMRF CURECLOUD). B) LEARNING NETWORK: GATEWAYS, DATA ANALYSIS INITIATIVES, TRANSLATIONAL SITE INVESTMENTS GRANTS (MMRF TRANSLATIONAL NETWORK), TRANSLATIONAL AND IMMUNE PROGRAM GRANTS, RESEARCH FELLOW GRANTS. C) CLINIC: CLINICAL- SITE INVESTMENT GRANTS, CLINICAL FUNDING AGREEMENT GRANTS, PRECISION MEDICINE GRANTS. THE BUDGET SPEND IS INITIALLY APPROVED BY THE PROGRAMMING COMMITTEE, AND THEN THE BOARD GIVES FINAL APPROVAL. 2. DURING THE YEAR, THERE ARE RESEARCH SPEND MEETINGS WITH THE CEO AND CFO TO DISCUSS PROGRESS ON MAKING THE AWARDS. ADDITIONALLY, ANY CHANGES OR REFORECASTS ARE REVIEWED. IF A CHANGE ARISES THAT IS GREATER THAN $1M, THEN IT IS PRESENTED TO THE AUDIT AND FINANCE COMMITTEE AS WELL AS THE PROGRAMMING COMMITTEE TO DISCUSS. 3. THERE ARE TWO DISTINCT TYPES OF GRANTS BEING AWARDED: CLASSICAL RESEARCH SUPPORT GRANTS AND CLINICAL/TRANSLATIONAL SITE SUPPORT GRANTS. CLASSICAL RESEARCH GRANTS: GRANTS ARE REVIEWED BY AN EXTERNAL GROUP OF SCIENTISTS WITH THE APPROPRIATE AREAS OF EXPERTISE. SCIENTIFIC RATINGS USE THE CURRENT NIH SCORING SYSTEM OF 1-9 WITH 1 DEMONSTRATING THE HIGHEST SCIENTIFIC MERIT AND 9 BEING THE LOWEST. EACH PROPOSAL IS EVALUATED BY TWO INDEPENDENT OUTSIDE REVIEWERS AND THE SCORES ARE AVERAGED TOGETHER. MOST GRANTS CHOSEN SCORE AT LEAST A 3 OR BETTER. ONCE THE GRANTS ARE RATED EXTERNALLY, FINAL REVIEW IS DONE BY THE MMRF RESEARCH LEADERSHIP AND RECOMMENDATIONS ARE MADE TO THE CEO AND CFO TO CONFIRM THE FINAL SELECTION. AFTER EACH GRANT TYPE AWARD IS MADE, AN AWARD LETTER IS SENT TO THE RECIPIENT AND AN EMAIL IS SENT TO THE CFO NOTIFYING THEM OF THE GRANTS AWARDED AND TO PROCEED WITH MAKING THE ACCRUAL FOR THE GRANT. AFTER THE FIRST PAYMENT THE RESEARCHER SENDS IN THE REQUIRED PROGRESS REPORT TO RECEIVE REMAINING PAYMENTS. MMRF CONDUCTS A REVIEW PROCESS, DURING WHICH THE INVESTIGATOR'S PROGRESS REPORT IS REVIEWED BY OUTSIDE REVIEWERS TO ENSURE THAT THE APPROPRIATE PROGRESS WAS MADE ON THE STUDY. ONCE THE RESEARCH EMPLOYEE ASSIGNED TO GRANT COORDINATION RECEIVES NOTIFICATION FROM THE REVIEWERS THAT APPROPRIATE PROGRESS WAS MADE AND THE FINDINGS SUPPORT CONTINUES STUDY, HE/SHE PRESENTS THE PROGRESS AND FINDINGS TO AN APPROVAL COMMITTEE FOR A FUNDING RELEASE. CLINICAL/TRANSLATIONAL SITE SUPPORT GRANTS: GRANT PROPOSALS TO SUPPORT MMRF/C CLINICAL OR TRANSLATIONAL SITES ARE REVIEWED BY MMRF RESEARCH STAFF AND LEADERSHIP IN COLLABORATION WITH OUTSIDE ADVISORS. THE MMRF RESEARCH LEADERSHIP THEN MAKES RECOMMENDATIONS TO THE CEO FOR FINAL APPROVAL. AFTER EACH GRANT TYPE AWARD IS APPROVED, AN AWARD LETTER IS SENT TO THE RECIPIENT AND AN EMAIL IS SENT TO THE CFO NOTIFYING THEM OF THE GRANTS AWARDED AND TO PROCEED WITH MAKING THE ACCRUAL FOR THE GRANT. SUCH GRANTS ARE TYPICALLY RENEWED ANNUALLY OR ARE MULTI-YEAR IN NATURE. CONTINUATION/RENEWAL IS AWARDED BASED ON MILESTONES ESTABLISHED UPON INITIATION OF THE PROGRAM. A CONFLICT OF INTEREST POLICY IS IN PLACE AND A COMMITTEE REVIEWS ANY ISSUES THAT MIGHT ARISE WITH ANY GRANTS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (17 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MICHAEL ANDREINI
PRESIDENT & CEO$369,875$0$150,000$0$7,700$0$15,000$0$9,958$0$552,533$0$0$0
ROBERT MIANI
TREASURER & CFO$255,060$0$105,000$0$25,850$0$18,108$0$9,924$0$413,942$0$0$0
GEORGE MULLIGAN
CHIEF SCIENTIFIC OFFICER$271,284$0$60,000$0$27,186$0$15,000$0$24,082$0$397,552$0$0$0
ANNE QUINN YOUNG
CHIEF MISSION OFFICER$257,858$0$78,000$0$32,568$0$15,000$0$8,135$0$391,561$0$0$0
KAREN DIETZ
SECRETARY, CAO & GENERAL COUNSEL$205,691$0$53,000$0$21,437$0$14,789$0$20,906$0$315,823$0$0$0
CHRISTOPHER WILLIAMS
VP OF ALLIANCE MANAGEMENT$193,421$0$25,000$0$19,118$0$9,800$0$21,293$0$268,632$0$0$0
PETER KOSA
MIF MANAGING DIR., THRU MAY 2023$107,135$0$122,000$0$18,090$0$5,803$0$9,777$0$262,805$0$0$0
GREG RUBENSTEIN
VP OF MARKETING$185,712$0$22,000$0$10,373$0$9,040$0$22,986$0$250,111$0$0$0
KATIE WOZNIAK
VP OF CLINICAL RESEARCH$187,259$0$8,000$0$15,586$0$6,563$0$23,034$0$240,442$0$0$0
EVA M LEPISTO
VP OF INFORMATICS$187,905$0$25,000$0$12,367$0$8,980$0$1,398$0$235,650$0$0$0
HEARN CHO
CHIEF MEDICAL OFFICER$151,078$0$43,000$0$29,276$0$8,934$0$0$0$232,288$0$0$0
CHARLES VOLPE
DIRECTOR, PR & COMM., THRU DEC. 2023$155,173$0$10,000$0$38,996$0$0$0$23,980$0$228,149$0$0$0
TODD BROOKS
SR PRINCIPAL GIFT OFFICER$175,000$0$16,000$0$9,866$0$8,020$0$1,223$0$210,109$0$0$0
JOANNE PUGLIA
SR DIRECTOR FINANCE, CONTROLLER$162,654$0$18,000$0$15,100$0$7,830$0$2,363$0$205,947$0$0$0
MARK HAMILTON
ASSOCIATE DIRECTOR, RESEARCH$160,657$0$13,000$0$13,640$0$7,450$0$5,012$0$199,759$0$0$0
MINDY FLINN
VP OF DEVELOPMENT, THRU SEPT. 2023$132,654$0$25,000$0$9,058$0$6,313$0$13,056$0$186,081$0$0$0
KATHY GIUSTI
FOUNDER & DIRECTOR$0$0$0$0$183,333$0$0$0$0$0$183,333$0$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 4ACHARLES VOLPE, DIRECTOR, PR & COMMUNICATIONS, RECEIVED A SEVERANCE PAYMENT OF $31,500 INCLUDED IN HIS 2023 FORM W-2.
PART I, LINE 7INDIVIDUALS INCLUDED IN SCHEDULE J, PART II RECEIVED A DISCRETIONARY BONUS DURING CALENDAR YEAR 2023, WHICH WAS INCLUDED IN COLUMN B(II) HEREIN AND IN THEIR 2023 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES.

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution21ContributionCnt
Noncash Contributions Rpt F990$251,490NoncashContributionsRptF990Amt
Method Of Determining RevenuesAVG. SELLING PRICEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I, LINE 1:MMRF ACCOMPLISHMENTS FOR 2023: THE MULTIPLE MYELOMA RESEARCH FOUNDATION, INC. AND ITS WHOLLY OWNED SUBSIDIARIES, THE MULTIPLE MYELOMA RESEARCH CONSORTIUM, LLC ("MMRC") AND MYELOMA INVESTMENT FUND, LLC ("MIF"), COLLECTIVELY REFERRED TO AS "THE MMRF," IS THE LARGEST NONPROFIT IN THE WORLD SOLELY FOCUSED ON ACCELERATING A CURE FOR EACH AND EVERY MULTIPLE MYELOMA PATIENT. THE MMRF DRIVES THE DEVELOPMENT AND DELIVERY OF NEXT-GENERATION THERAPIES, LEVERAGES DATA TO IDENTIFY OPTIMAL AND MORE PERSONALIZED TREATMENT APPROACHES AND EMPOWERS MYELOMA PATIENTS AND THE BROADER COMMUNITY WITH INFORMATION AND RESOURCES TO EXTEND THEIR LIVES. CENTRAL TO THE MMRF'S MISSION IS ITS COMMITMENT TO ADVANCING HEALTH EQUITY SO THAT ALL MYELOMA PATIENTS CAN BENEFIT FROM THE SCIENTIFIC AND CLINICAL ADVANCES THEY PURSUE. SINCE ITS INCORPORATION ON JANUARY 13, 1998, THE MMRF HAS COMMITTED OVER $600 MILLION FOR RESEARCH, OPENED NEARLY 100 CLINICAL TRIALS, AND HELPED BRING 15+ FDA APPROVED THERAPIES TO MARKET, WHICH HAVE TRIPLED THE LIFE EXPECTANCY OF MYELOMA PATIENTS. IN 2023, THE MMRF INVESTED NEARLY $36 MILLION THIS PAST YEAR IN URGENT RESEARCH PROJECTS AND SUPPORT SERVICES FOR PATIENTS. WE DIRECTLY INVESTED IN TWO NEW PROMISING THERAPIES THROUGH THE MYELOMA INVESTMENT FUND (MIF), FUELED THREE MYELOMA ACCELERATOR CHALLENGE (MAC) PROGRAM PROJECTS FOR $21 MILLION WITH THE POWER TO DELIVER NEW SCIENTIFIC ADVANCES, AND SERVED 16,500 PATIENTS WITH EDUCATIONAL AND SUPPORT SERVICES TO IMPROVE THEIR OUTCOMES. WE ALSO WELCOMED THE INAUGURAL COHORT OF THE MMRF SCHOLARS PROGRAM, WHICH RECRUITS EARLY-CAREER BLACK RESEARCHERS TO THE FIELD OF MYELOMA.
FORM 990, PART III, LINE 1:THE MULTIPLE MYELOMA RESEARCH FOUNDATION (MMRF) IS THE LARGEST NONPROFIT IN THE WORLD SOLELY FOCUSED ON ACCELERATING A CURE FOR EACH AND EVERY MULTIPLE MYELOMA PATIENT. WE DRIVE THE DEVELOPMENT AND DELIVERY OF NEXT-GENERATION THERAPIES, LEVERAGE DATA TO IDENTIFY OPTIMAL AND MORE PERSONALIZED TREATMENT APPROACHES AND EMPOWER MYELOMA PATIENTS AND THE BROADER COMMUNITY WITH INFORMATION AND RESOURCES TO EXTEND THEIR LIVES. CENTRAL TO OUR MISSION IS OUR COMMITMENT TO ADVANCING HEALTH EQUITY SO THAT ALL MYELOMA PATIENTS CAN BENEFIT FROM THE SCIENTIFIC AND CLINICAL ADVANCES WE PURSUE. SINCE OUR INCEPTION, THE MMRF HAS COMMITTED OVER $600 MILLION FOR RESEARCH, OPENED NEARLY 100 CLINICAL TRIALS, AND HELPED BRING 15+ FDA-APPROVED THERAPIES TO MARKET, WHICH HAVE TRIPLED THE LIFE EXPECTANCY OF MYELOMA PATIENTS.
FORM 990, PART VI, SECTION A, LINE 2KATHY GIUSTI, FOUNDER & FORMER CHIEF MISSION OFFICER, AND KAREN ANDREWS, BOARD MEMBER HAVE A FAMILY RELATIONSHIP.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS FIRST REVIEWED WITH THE CEO OF THE FOUNDATION. ONCE REVIEWED WITH THE CEO, THE FORM 990 IS EMAILED TO EACH BOARD MEMBER. EACH BOARD MEMBER REVIEWS THE FORM 990 AND IF ANY QUESTIONS ARISE, THEY ARE COMMUNICATED TO THE FOUNDATION AND ADDRESSED. AFTER ALL QUESTIONS ARE ADDRESSED, THE FORM 990 IS SUBMITTED TO THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION'S CONFLICT OF INTEREST POLICY APPLIES TO ANY DIRECTOR, OFFICER, OR MEMBER OF A STANDING OR ADVISORY COMMITTEE WITH POWERS DELEGATED BY THE MMRF BOARD OF DIRECTORS WHO MAY HAVE A DIRECT OR INDIRECT FINANCIAL INTEREST (I.E. "INTERESTED PERSON"). DUTY TO DISCLOSE A POTENTIAL CONFLICT OF INTEREST: ANY INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST TO THE BOARD OR AUDIT COMMITTEE AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD, MEMBERS OF THE AUDIT COMMITTEE AND ALL MEMBERS OF ANY COMMITTEE CONSIDERING THE PROPOSED CONTRACT OR TRANSACTION. DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS: AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE INTERESTED PERSON SHALL LEAVE THE BOARD OR AUDIT COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR AUDIT COMMITTEE MEMBERS, AS APPLICABLE, SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST: I. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR AUDIT COMMITTEE MEETING, BUT AFTER SUCH PRESENTATION, HE OR SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE CONTRACT OR TRANSACTION THAT RESULT IN THE CONFLICT OF INTEREST. II. THE CHAIR OF THE BOARD OR CHAIRPERSON OF THE AUDIT COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR APPOINT OR ESTABLISH AN ADVISORY COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED CONTRACT OR TRANSACTION. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR THE AUDIT COMMITTEE SHALL TAKE ALL REASONABLE STEPS TO DETERMINE WHETHER THE MMRF CAN OBTAIN A MORE ADVANTAGEOUS CONTRACT OR TRANSACTION WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS CONTRACT OR TRANSACTION IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OR AUDIT COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE, BUT NOT LESS THAN TWO, OF THE DISINTERESTED DIRECTORS OR MEMBERS THEREOF WHETHER THE CONTRACT OR TRANSACTION IS IN THE MMRF'S BEST INTEREST AND IS FAIR AND REASONABLE TO THE MMRF; PROVIDED, HOWEVER, IF SUCH CONTRACT OR TRANSACTION IS APPROVED BY DISINTERESTED DIRECTORS WHO DO NOT SATISFY A QUORUM OR VOTING REQUIREMENT APPLICABLE TO THE AUTHORIZATION OF THE ACTION BY REASON OF THE MMRF'S CERTIFICATE OF INCORPORATION, BYLAWS OR A PROVISION OF LAW, THE ACTION MUST BE INDEPENDENTLY APPROVED BY SUCH INTERESTED AND DISINTERESTED DIRECTORS AS SATISFY THE APPLICABLE QUORUM OR VOTING REQUIREMENT. VIOLATION OF THE CONFLICTS OF INTEREST POLICY: III. IF THE BOARD OR AUDIT COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT A DIRECTOR, OFFICER OR COMMITTEE MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM SUCH PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORD SUCH PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE RESPONSE OF THE DIRECTOR, OFFICER OR COMMITTEE MEMBER AND MAKING SUCH FURTHER INVESTIGATION AS MAY BE WARRANTED IN THE CIRCUMSTANCES, THE BOARD OR AUDIT COMMITTEE DETERMINES THAT SUCH PERSON HAS IN FACT FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE BOARD OR AUDIT COMMITTEE, AS APPLICABLE, SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
FORM 990, PART VI, SECTION B, LINE 15ALL SENIOR POSITIONS AND THEIR COMPENSATION ARE REVIEWED AND APPROVED BY THE HR COMMITTEE OF THE BOARD OF DIRECTORS. COMPENSATION IS BENCHMARKED AGAINST OTHER 501(C)(3)'S, RESEARCH ORGANIZATIONS, THIRD PARTY COMPENSATION DATABASE AND THEN REVIEWED BY THE COMPENSATION COMMITTEE. THE COMPENSATION APPROVAL IS DOCUMENTED IN THE MINUTES BY THE COMMITTEE. THIS PROCESS WAS LAST UNDERTAKEN IN 2023.
FORM 990, PART VI, SECTION C, LINE 19FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND FORM 1023 ARE MADE AVAILABLE FOR PUBLIC VIEWING UPON WRITTEN REQUEST AT MMRF'S HEADQUARTERS. FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE ALSO AVAILABLE AT THE ORGANIZATION'S WEBSITE: WWW.THEMMRF.ORG THE FORM 990 IS ALSO AVAILABLE ON WWW.GUIDESTAR.ORG, WWW.CHARITYNAVIGATOR.ORG, AND OTHER SIMILAR WEBSITES.
FORM 990, PART IX, LINE 11GCONSULTING: PROGRAM SERVICE EXPENSES 1,620,848. MANAGEMENT AND GENERAL EXPENSES 86,606. FUNDRAISING EXPENSES 832,721. TOTAL EXPENSES 2,540,175. MEDICAL PROFESSIONALS: PROGRAM SERVICE EXPENSES 2,462,466. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 206,479. TOTAL EXPENSES 2,668,945. RECRUITING COSTS & TEMPORARY HELP: PROGRAM SERVICE EXPENSES 352,345. MANAGEMENT AND GENERAL EXPENSES 29,848. FUNDRAISING EXPENSES 70,909. TOTAL EXPENSES 453,102.
FORM 990, PART XI, LINE 9:LOSS ON DISPOSAL OF ASSETS -629,037.
FORM 990, PART XII, LINE 2C:THE MULTIPLE MYELOMA RESEARCH FOUNDATION, INC. AUDIT/FINANCE COMMITTEE RECOMMENDS THE AUDITOR TO THE BOARD, AND THE BOARD APPOINTS THE AUDITOR. THE BOARD ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS. THE POLICY FOR SELECTION AND OVERSIGHT OF THE INDEPENDENT AUDITORS HAS NOT CHANGED SINCE LAST YEAR.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
MYELOMA INVESTMENT FUND LLC
383 MAIN AVENUE 5TH FLOORNORWALKCT06851471162865VENTURE PHILANTHROPY FUNDDE$1,588,166$21,345,357THE MULTIPLE MYELOMA RESEARCH FOUNDATION INC
MULTIPLE MYELOMA RESEARCH CONSORTIUM LLC
383 MAIN AVENUE 5TH FLOORNORWALKCT06851471142650FACILITATING OR SPONSORING CLINICAL TRIALS AND RELATED RESEARCHCT$4,771,613$1,176,615THE MULTIPLE MYELOMA RESEARCH FOUNDATION INC