2023-01-12T14:50:33-06:00 2022-08-31 990 2021-09-01 582229271 Robert W Woodruff Health Sciences Center Fund Inc ROBE 4045226755 191 Peachtree Street NE 3540 Atlanta GA 30303 P Russell Hardin President 4045226755 2023-01-12 P Russell Hardin 999009999 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z P Russell Hardin 191 Peachtree St NE 3540 Atlanta GA 30303 876918747 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 4 14 0 0 0 105000030 37500058 0 0 94448210 151427361 0 0 199448240 188927419 213976597 178562068 0 0 243701 438468 0 0 0 1071735 850455 215292033 179850991 -15843793 9076428 1105663411 1114739846 346 353 1105663065 1114739493 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 19083104 19053253 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. 18705221 18675961 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 a new Brain Health Personalized Medicine Institute. 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. 141053497 140832854 The Woodruff Fund oversees three separate investment accounts intended to support development of two major capital projects in the Woodruff Health Sciences Center and growth in the research capacity for the Emory + Children's Pediatric Research Institute. In this fiscal year, the Fund disbursed $75,816,823 to support development of the second Health Sciences Research Building (HSRB II) on Emory's Clifton Road campus. HSRB II is a $288 million research facility which was substantially completed in November 2022. Separately, the Woodruff Fund disbursed $58,005,931 toward the second project, a cancer hospital adjacent to Emory Hospital Midtown. Completion of that project is expected in early 2023, with the first patient to be seen in the new facility expected in May 2023. The Woodruff Fund disbursed $7,010,100 in the fiscal year toward a multi-year plan to recruit pediatric investigators focused on childhood cancer, cardiac and brain medicine, Sickle Cell disease, and Cystic Fibrosis. 178841822 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 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 4 1 0 0 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 0.00 X 5000 0 0 M DOUGLAS IVESTER TRUSTEE VICE CHAIRMAN 1.00 0.00 X 5000 0 0 JOHN G RICE TRUSTEE 1.00 0.00 X 5000 0 0 THOMAS J LAWLEY TRUSTEE 1.00 40.00 X 5000 160911 25019 TIMOTHY C ROLLINS TRUSTEE 1.00 0.00 X 5000 0 0 P RUSSELL HARDIN PRESIDENT 4.00 0.00 X 52941 0 8869 ERIK S JOHNSON SECRETARY/VICE PRESIDENT 4.00 0.00 X 29324 0 4437 ELI P NIEPOKY TREASURER 4.00 0.00 X 17333 0 4431 124598 160911 42756 0 0 1 0 TRUIST BANK 303 PEACHTREE ST ATLANTA GA 30308 INVESTMENT ADVISOR 403563 GANNETT WELSH & KOTLER LLC 222 BERKELEY ST 15TH FLOOR BOSTON MA 02116 INVESTMENT MANAGER 270607 T ROWE PRICE ASSOCIATES PO BOX 64043 BALTIMORE MD 21264 INVESTMENT MANAGER 181235 PARAMETIC PO BOX 398212 SAN FRANCISO CA 94139 INVESTMENT MANAGER 138389 4 37500058 37500058 37500058 39568472 39568472 799850217 687991328 111858889 111858889 111858889 188927419 0 0 151427361 178562068 178562068 302520 185624 116896 90888 50352 40536 10552 5750 4802 21770 11038 10732 12738 7171 5567 3627 3627 331 331 1056 1056 800821 800821 602 602 2313 1272 1041 5776 3177 2599 24033 13218 10815 625 368 257 6370 1182 5188 860 473 387 3492 3492 Organization dues 313 0 313 236 129 107 179850991 178841822 1009169 0 5529 5134 196010 322532 41280 37853 4288 3427 626848021 660416032 478555567 453930567 53996 62154 1105663411 1114739846 346 353 346 353 X 0 0 0 0 1105663065 1114739493 1105663065 1114739493 1105663411 1114739846 9076428 0 X 0 0 0 X X 1 Emory University 580566256 2 1 178562068 0 1 178562068 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Schedule A, Part IV, Section C 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 is trustee emeritus of Emory University and former Chairman of the Woodruff Health Sciences Center board of trustees. Thomas Lawley is former Dean of Emory's School of Medicine and current member of the Emory faculty. 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 9479 3427 28374 28374 0 3427 THE COCA-COLA COMPANY STOCK 453930567 C 453930567 457b Plan 194 Benefit Plan 159 353 1 EMORY UNIVERSITY 1440 Clifton Road NE Atlanta GA 30322 580566256 501(c)(3) 37729214 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) 133822754 0 Support for Winship Midtown cancer hospital and HSRBII research building EMORY UNIVERSITY 1440 Clifton Road NE Atlanta GA 30322 580566256 501(c)(3) 7010100 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 THOMAS J LAWLEY TRUSTEE 5000 160911 0 0 0 0 0 0 0 25019 5000 185930 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 3 The Foundation credited P. Russell Hardin with $4,314 and Erik Johnson with $843 to an unfunded, unvested 457(f) Plan. X 627647 37500058 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 B, line 11b The Form 990 is prepared with financial data which has been reviewed by the governing board. Internal accounting staff prepare the 990 with the aid of preparation software. Accounting team members individually review the 990 according to a checklist. 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 2022 compensation was determined during the March 2022 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