2023-03-10T21:07:23-06:00 2022-06-30 910189318 Moss Adams LLP 3121 W March Ln Ste 200 Stockton CA 952192367 990 2021-07-01 954625327 Keck Graduate Institute of Applied Life Sciences KECK 9096077855 535 Watson Drive Claremont CA 91711 Mia Alonzo Controller and Assistant VP 9096077855 2023-02-27 1 Mia Alonzo 999009999 Tracy S Paglia P00366884 2099556100 2023-02-27 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z Keck Graduate Institute Sheldon M Schuster PhD 535 Watson Drive Claremont CA 91711 56188728 0 X www.kgi.edu X 1997 CA Enrich society with breakthrough approaches to education and translational research in life sciences. 24 23 394 7 0 0 4348052 9645663 37788284 29818227 4170523 1690917 1105925 735214 47412784 41890021 9098754 4426279 0 0 22547879 22528245 0 0 1115967 15605947 15216287 47252580 42170811 160204 -280790 128167127 121856519 47234439 46534106 80932688 75322413 X Keck Graduate Institute is dedicated to education and research aimed at translating into practice, for the benefit of society, the power and potential of the life sciences. 0 1 28586962 4426279 29818227 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; Postdoctoral Professional Masters (PPM); 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). KGI also offers a Master of Science in Translational Medicine in partnership with the Irell and Manella Graduate School of Biological Sciences at City of Hope. The Occupational Therapy Doctorate and Master of Science in Physician Assistant Studies programs began in fall 2022. 28586962 1 1 0 0 0 0 0 1 1 1 1 0 0 0 0 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 1 768 0 1 394 1 0 0 0 0 0 0 0 0 0 0 0 0 X 24 23 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 622407 0 47522 Kelleen S Esperias VP & COO, Treasurer 40.00 0.00 X 334874 0 51088 Martin Zdanowicz Dean, School of Applied Life Sciences & KGI School 40.00 0.00 X 261869 0 54058 John Krstenansky Prof. of Biopharmaceutical Sciences 40.00 0.00 X 223506 0 73707 Steven Casper Professor of Management 40.00 0.00 X 235891 0 56869 Michael Jones Former VP of Finance (thru 6/21) 40.00 0.00 X 244311 0 33929 Sue Behrens Professor in Bioprocessing 40.00 0.00 X 218433 0 33165 Gail Orum-Alexander Associate Dean of Academic Affairs 40.00 0.00 X 202522 0 42086 Srikanth Kolluru Associate Dean of Assessment 40.00 0.00 X 193875 0 48024 E Sofia Toro Dean of Admissions & Finance 40.00 0.00 X 195312 0 46215 David Lawrence Dean, School of Medicine (thru 3/22) 40.00 0.00 X 221250 0 19551 Mia Alonzo Assistant Vice President/Controller 4.00 20.00 X 0 176365 33985 Cynthia Martinez Dean of Students 40.00 0.00 X 149984 0 43137 Sharlene Risdon-Jackson VP, Institutional Dvlpmt & Ptnerships 40.00 0.00 X 156945 0 32040 Cheryl Merritt Asst. Vice President of HR 40.00 0.00 X 160370 0 21995 Larry Grill Dean of Research 40.00 0.00 X 143539 0 25746 Patricia Robidoux Secretary to the Board of Trustees 1.00 0.00 X 87248 0 25997 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 Robert Curry Trustee 1.00 0.00 X 0 0 0 Arthur Riggs Trustee (thru 3/2022) 1.00 0.00 X 0 0 0 Barbara Kosacz Trustee 1.00 0.00 X 0 0 0 Daniel Bradbury Trustee 1.00 0.00 X 0 0 0 Richmond Wolf Trustee 1.00 0.00 X 0 0 0 Kiran Mazumdar-Shaw Trustee 1.00 0.00 X 0 0 0 Jamie Dananberg Trustee 1.00 0.00 X 0 0 0 Prasad Jeereddi Trustee 1.00 0.00 X 0 0 0 Monde Qhobosheane Trustee 1.00 0.00 X 0 0 0 Jose Ignacio Santos Trustee 1.00 0.00 X 0 0 0 Karen Bernstein Trustee 1.00 0.00 X 0 0 0 Lydia Villa-Komaroff Trustee 1.00 0.00 X 0 0 0 Wade Ackerman Trustee 1.00 0.00 X 0 0 0 Steven Galson Trustee 1.00 0.00 X 0 0 0 Rodney Markin Trustee 1.00 0.00 X 0 0 0 Ross Grossman Trustee 1.00 0.00 X 0 0 0 Richard Yochum Trustee 1.00 0.00 X 0 0 0 Harlan Levine Trustee 1.00 0.00 X 0 0 0 Timothy White 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 Teresia Bost Trustee 1.00 0.00 X 0 0 0 3652336 176365 689114 62 0 1 0 Kipjoe Inc 5525 Oakdale Ave Ste 450 Woodland Hills CA 91364 Construction 2258385 Athena Engineering Inc 456 E Foothill Blvd San Dimas CA 91773 Engineeering 503667 Active Learning Sciences Inc 104 West 12th Street Ste 5R New York NY 10011 Consulting Services 502500 Squire Patton Boggs (US) LLP PO Box 643051 Cincinnati OH 45264 Legal services 458586 Ireland Sound Systems 1232 Monte Vista Ave Ste 7 Upland CA 91786 Audio/Visual Technical Services 346724 28 5462645 4183018 1084791 9645663 Gross Tuition and Fees 611710 24978522 24978522 Fed Grants & Contracts 611710 1724909 1724909 Private Contracts 611710 1636029 1636029 Team Masters Project 611710 1296325 1296325 182442 182442 29818227 650679 650679 1253631 518417 735214 735214 735214 14820528 13780290 1040238 1040238 1040238 41890021 29818227 0 2426131 4426279 4426279 2772528 1042906 1281620 448002 15656245 13910483 1361456 384306 1374341 1213009 130129 31203 1521450 1171795 295141 54514 1203681 1009777 150403 43501 28115 2582 25533 3361167 1182347 2178717 103 182081 182081 1953061 1383020 563303 6738 325273 166916 154739 3618 1170201 823422 304523 42256 1111762 303211 750534 58017 1469031 490036 978980 15 392096 360169 13804 18123 481575 441864 24969 14742 446830 446830 830608 201786 628822 223223 222202 1021 Payments to affiliates 2686087 77246 2600956 7885 Building Repair 247634 85707 161927 Student Stipends 212296 212296 Food & Housing 2101 2101 93146 80010 11213 1923 42170811 28586962 12467882 1115967 11176908 7286316 561476 4236887 5586583 7605333 3825975 1087845 617370 436893 70779743 14252970 47984430 56526773 57113619 44676472 1300766 0 128167127 121856519 4809647 4394785 10830313 3949508 2024255 0 25756244 38189813 3813980 0 47234439 46534106 X 35976970 34350596 44955718 40971817 80932688 75322413 128167127 121856519 X -280790 -5313309 -16176 X 0 1 X 1 1 1 X 6208147 5130734 2872470 4348052 9645663 28205066 6208147 5130734 2872470 4348052 9645663 28205066 11140089 17064977 3109273 4011858 3584212 3327840 1904310 15937493 44142559 173318399 0.38660 0.22970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 23800 X 0 0 1 X 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 64528134 174412 4461314 394367 3257589 65511904 0.58420 0.36710 0.04870 0 0 19776417 1806560 21582977 18150000 22434679 7861624 32723055 414364 280681 133683 6813181 6110665 702516 1384542 1384542 56526773 X 32883169 -5313309 502241 -4811068 37694237 4195784 4195784 41890021 38493444 518417 518417 37975027 4195784 4195784 42170811 Part III, Line 4: The Institute's works of art enhance public spaces that are used for instruction and research. Part IV, Line 2b: Funds held in trust for others consists of advanced student payments held by the filing organization for a third-party, Minerva Project. The funds held for others are included in the filing organization's cash balance on the balance sheet. The funds are remitted to Minerva Project as student instruction is delivered during the course of the academic year. As of 6/30/2022, the funds are no longer recorded on the balance sheet. 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 had no unrecognized tax benefits, and no uncertain tax positions at June 30, 2022 and 2021. Part XI, Line 2d - Other Adjustments: Rental Expenses 518,417. Actuarial Adjustment -16,176. Part XI, Line 4b - Other Adjustments: Student Financial Aid 4,195,784. Part XII, Line 2d - Other Adjustments: Rental Expenses 518,417. Part XII, Line 4b - Other Adjustments: Student Financial Aid 4,195,784. 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 579 4426279 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 1 0 0 0 0 0 0 0 0 Sheldon Schuster President 568407 0 0 0 54000 0 34800 0 12722 0 669929 0 0 0 Kelleen S Esperias VP & COO, Treasurer 334274 0 0 0 600 0 34800 0 16288 0 385962 0 0 0 Martin Zdanowicz Dean, School of Applied Life Science 261269 0 0 0 600 0 32115 0 21943 0 315927 0 0 0 John Krstenansky Prof. of Biopharmaceutical Sciences 223506 0 0 0 0 0 28839 0 44868 0 297213 0 0 0 Steven Casper Professor of Management 235891 0 0 0 0 0 29633 0 27236 0 292760 0 0 0 Michael Jones Former VP of Finance (thru 6/21) 135426 0 0 0 108885 0 21475 0 12454 0 278240 0 0 0 Sue Behrens Professor in Bioprocessing 218433 0 0 0 0 0 26796 0 6369 0 251598 0 0 0 Gail Orum-Alexander Associate Dean of Academic Affairs 202522 0 0 0 0 0 25021 0 17065 0 244608 0 0 0 Srikanth Kolluru Associate Dean of Assessment 193875 0 0 0 0 0 24237 0 23787 0 241899 0 0 0 E Sofia Toro Dean of Admissions & Finance 195312 0 0 0 0 0 24143 0 22072 0 241527 0 0 0 David Lawrence Dean, School of Medicine (thru 3/22) 221250 0 0 0 0 0 19050 0 501 0 240801 0 0 0 Mia Alonzo Assistant Vice President/Controller 0 171805 0 3600 0 960 0 9707 0 24278 0 210350 0 0 Cynthia Martinez Dean of Students 149984 0 0 0 0 0 18909 0 24228 0 193121 0 0 0 Sharlene Risdon-Jackson VP, Institutional Dvlpmt & Ptnership 156945 0 0 0 0 0 9000 0 23040 0 188985 0 0 0 Cheryl Merritt Asst. Vice President of HR 160370 0 0 0 0 0 19472 0 2523 0 182365 0 0 0 Larry Grill Dean of Research 143539 0 0 0 0 0 17380 0 8366 0 169285 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. Part I, Line 4a Michael Jones received severance of $70,000 as of June 30, 2022. Details are available to the IRS upon request. X 2 1084791 FMV 0 1 0 Part I, Column (b): The number in Part I, Column (b) represents the number of contributions. Form 990, Part III, line 3 Pursuant to Keck Graduate Institute (KGI) and Minerva Schools at KGI (MSKGI) alliance agreement effective July 11, 2013, MSKGI has obtained separate accreditation by the Western Association of Schools and Colleges Senior College and University Commission (WSCUC) on Jun 25, 2021. An agreement dated July 26, 2021 between KGI, Minerva Project, Inc., (MP) and Minerva Institute for Research and Scholarship (MI) wherein the parties acknowledge the fulfillment of the alliance agreement and to effectuate transfer by Oct 1, 2021. Given the effective date of accreditation received by MSKGI on Jun 25, 2021, management has elected to no longer record MSKGI revenue and expenses on KGI's financials effective July 01, 2021. 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 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 and self-evaluations 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 -16,176. 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