2022-05-16T10:57:57-05:00 2021-06-30 PricewaterhouseCoopers LLP 101 SEAPORT BLVD SUITE 500 BOSTON MA 02210 990 2020-07-01 954684347 ALFRED E MANN INSTITUTE FOR BIOMEDICAL ENGINEERING AT THE USC % UNIV OF SOUTHERN CALIFORNIA ALFR 2138211900 USC Suite UGB203 Los Angeles CA 900898003 DENNIS FOSTER TREASURER 2138211900 2022-05-05 true DENNIS FOSTER 999009999 GWEN SPENCER P00641463 6175305000 2022-05-04 2 2020 2022-09-23 18:48:47Z DR JONATHAN G LASCH UNIVERSITY PARK UGB203 LA CA 900898003 78284269 false X HTTP://AMI.USC.EDU X 1998 CA SEE SCHEDULE O 8 4 0 5 0 0 0 0 0 0 5083336 78284269 0 0 5083336 78284269 159092 149560 0 0 0 0 0 0 0 8349125 7179984 8508217 7329544 -3424881 70954725 194204689 265159414 0 0 194204689 265159414 X SEE SCHEDULE O false false 5991127 149560 TO PROMOTE AND EXPAND HUMAN KNOWLEDGE IN THE BIOMEDICAL AND OTHER SCIENTIFIC FIELDS BY ACTIVELY CONDUCTING BIOMEDICAL AND SCIENTIFIC RESEARCH AND DEVELOPMENT AT THE UNIVERSITY OF SOUTHERN CALIFORNIA. 5991127 true false false false false false false false false true true true false false false false false true false false false false false false false false false false true true false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false X 8 4 true false false false true true true true true false false true true true true false false false false false CA X UNIV OF SOUTHERN CALIFORNIA 2138211900 UNIVERSITY PARK-UGB203 Los Angeles CA 900898003 X CAROL FOLT DIRECTOR AS OF 3/1/21 0.25 50.0 X 0 2330738 45623 JAMES M STATEN DIRECTOR 0.25 50.0 X 0 1923774 168455 CHRYSOSTOMOS L NIKIAS FORMER CHAIRMAN 0.0 0.0 X 0 1597143 56907 CHARLES F ZUKOSKI DIRECTOR AND CHAIR 0.25 50.0 X X 0 1022600 154096 LAURA MOSQUEDA DIRECTOR UNTIL 3/1/21 0.25 50.0 X 0 1040333 51890 MICHAEL QUICK FORMER DIRECTOR AND CHAIR 0.0 0.0 X 0 956134 38867 YANNIS C YORTSOS DIRECTOR 0.25 50.0 X 0 519670 60099 CAROLYN DOMEN-BROSHEARS SECRETARY 0.25 50.0 X 0 384729 32749 MAJA MATARIC DIRECTOR 0.25 40.0 X 0 332808 70327 DENNIS M FOSTER TREASURER 0.25 40.0 X 0 338739 45528 JONATHAN G LASCH PHD COO/DIRECTOR OF THE INSTITUTE 50.0 0.0 X 0 316827 58367 ANOOSHEH BOSTANI DIRECTOR 0.25 0.0 X 0 0 0 TODD CUSHMAN DIRECTOR UNTIL 8/31/2020 0.25 0.0 X 0 0 0 MICHAEL S DREYER DIRECTOR 0.25 0.0 X 0 0 0 BARRY KEENAN DIRECTOR 0.25 0.0 X 0 0 0 CLAUDE MANN DIRECTOR 0.25 0.0 X 0 0 0 0 10763495 782908 0 true true false UNIVERSITY OF SOUTHERN CALIFORNIA 3500 S FIGUEROA STREET LOS ANGELES CA 900898003 MANAGEMENT FEES 6841472 1 0 0 78284269 78284269 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 78284269 78284269 X 0 149560 149560 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 34152 33920 232 0 0 211457 169252 42205 650 650 0 0 0 0 92253 73840 18413 0 0 OPERATING EXPENSES 2234739 2069768 164971 SALARY REIMBURSEMENTS 4606733 3494137 1112596 7329544 5991127 1338417 0 4112770 6013011 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3911791 3686211 317833 225580 0 0 189774086 258920823 0 0 0 0 0 0 194204689 265159414 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4430603 6238591 189774086 258920823 194204689 265159414 194204689 265159414 70954725 X false true X true X X 1 UNIVERSITY OF SOUTHERN CALIFORNIA 951642394 2 true 6841472 0 1 6841472 true false false false false false false false false false false false false false false true true true X true true SCHEDULE A, PART IV, SECTION D, LINE 3 AMI-USC HAS A VERY CLOSE RELATIONSHIP WITH THE UNIVERSITY. FIFTY PERCENT OF AMI-USC'S CORPORATE MEMBERS ARE DESIGNATED BY THE UNIVERSITY AND FIFTY PERCENT OF AMI-USC'S DIRECTORS ARE EMPLOYEES OF THE UNIVERSITY. AMI-USC'S TREASURER AND SECRETARY ARE EMPLOYEES OF THE UNIVERSITY. ALL OF AMI-USC'S STAFF MEMBERS ARE EMPLOYEES OF THE UNIVERSITY (AMI-USC REIMBURSES THE UNIVERSITY FOR THE COMPENSATION EXPENSES ATTRIBUTABLE TO THOSE INDIVIDUALS) AND THE EXECUTIVE DIRECTOR AND CHIEF OPERATING OFFICER OF AMI-USC HAS A DOTTED-LINE REPORTING RELATIONSHIP TO THE PROVOST AND SENIOR VICE PRESIDENT FOR ACADEMIC AFFAIRS OF THE UNIVERSITY IN ADDITION TO HIS FORMAL REPORTING RELATIONSHIP TO THE EXECUTIVE COMMITTEE OF THE AMI-USC BOARD. AMI-USC'S OFFICES ARE LOCATED IN LEASED SPACE ON THE UNIVERSITY'S UNIVERSITY PARK CAMPUS AND A SUBSTANTIAL PORTION OF AMI-USC'S FUNDS ARE INVESTED IN AND DISTRIBUTED FROM THE UNIVERSITY'S ENDOWMENT FUND IN ACCORDANCE WITH THE UNIVERSITY'S INVESTMENT POLICIES. DUE TO THIS CLOSE RELATIONSHIP, THE UNIVERSITY HAS A SIGNIFICANT VOICE IN ALL OF AMI-USC'S ACTIVITIES, INCLUDING ITS INVESTMENT POLICIES AND USE OF ITS INCOME AND ASSETS. SCHEDULE A, PART IV, SECTION E, LINE 2A THE ALFRED E. MANN INSTITUTE AT THE UNIVERSITY OF SOUTHERN CALIFORNIA ("AMI-USC")IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM ESSENTIAL FUNCTIONS OF, AND CARRY OUT THE PURPOSES OF ITS SUPPORTED ORGANIZATION, THE UNIVERSITY OF SOUTHERN CALIFORNIA (THE "UNIVERSITY"), TO PROMOTE AND EXPAND HUMAN KNOWLEDGE IN THE BIOMEDICAL AND OTHER SCIENTIFIC FIELDS BY DIRECTLY ENGAGING IN THE CONTINUOUS ACTIVE CONDUCT OF BIOMEDICAL AND OTHER SCIENTIFIC RESEARCH AND DEVELOPMENT BY MEANS OF INVESTIGATIONS, EXPERIMENTS, AND STUDIES WITHIN THE ASSOCIATED DISCIPLINES SPANNING MEDICAL DEVICE ENGINEERING AND OTHER BIOLOGICAL SCIENCES TO DISCOVER, DEVELOP, VERIFY OR CLARIFY KNOWLEDGE AND UNDERSTANDING. SCHEDULE A, PART IV, SECTION E, LINE 2B RESEARCH OF THE HIGHEST QUALITY IS FUNDAMENTAL TO THE UNIVERSITY'S MISSION. THE UNIVERSITY IS ONE OF A VERY SMALL NUMBER OF PREMIER ACADEMIC INSTITUTIONS ON WHICH THE NATION DEPENDS FOR A STEADY STREAM OF NEW KNOWLEDGE AND TECHNOLOGY. AMI-USC'S ACTIVITIES, AS DESCRIBED IN RESPONSE TO SECTION E, QUESTION 2A, ARE RESEARCH ACTIVITIES THAT THE UNIVERSITY WOULD HAVE OTHERWISE ENGAGED IN BUT FOR AMI-USC'S INVOLVEMENT. 189774086 78092915 8946178 258920823 193803302 4660850 8690066 189774086 193731709 8505169 8433576 193803302 185490000 16509191 8267482 193731709 172929842 20827640 8267482 185490000 1.00000 false false 2531736 2403577 128159 1380055 1282634 97421 225580 ENDOWMENT POOL INVESTMENTS 258920823 258920823 SCHEDULE D, Part V, LINE 4 THE INTENT OF THE ORGANIZATION'S ENDOWMENT FUNDS IS TO GENERATE THE REVENUES NECESSARY TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE OF BIOMEDICAL RESEARCH AND DEVELOPMENT. SCHEDULE D, PART X, LINE 2 THE ORGANIZATION'S FINANCIAL STATEMENTS WERE AUDITED AS PART OF CONSOLIDATED FINANCIAL STATEMENTS WHICH DO NOT HAVE A FIN 48 FOOTNOTE AS ANY UNCERTAIN TAX POSITIONS WERE DEEMED IMMATERIAL. true STUDENT FINANCIAL AID 14 149560 SCHEDULE I, PART I, LINE 2 AS PART OF ITS CONTINUING COMMITMENT TO INNOVATION IN ENGINEERING, THE ALFRED E. MANN INSTITUTE FOR BIOMEDICAL ENGINEERING AT THE UNIVERSITY OF SOUTHERN CALIFORNIA (AMI-USC) IS FUNDING THREE PHD FELLOWSHIPS IN THE UNIVERSITY OF SOUTHERN CALIFORNIA'S VITERBI SCHOOL OF ENGINEERING. (ALFRED E. MANN INNOVATION IN ENGINEERING DOCTORAL FELLOWSHIPS AND ALFRED E. MANN BIOMEDICAL ENGINEERING DOCTORAL FELLOWSHIP). EACH FELLOWSHIP WILL PROVIDE $33,000 PER YEAR, RENEWABLE FOR UP TO 3 YEARS, AND IT IS INTENDED TO SUPPORT THESE STUDENTS CONDUCTING DOCTORAL RESEARCH THAT IS EITHER INTERDISCIPLINARY IN NATURE (BIOLOGY; MEDICINE; ENGINEERING) OR RELEVANT TO BIOLOGY AND MEDICINE. TUITION WILL BE COVERED BY THE USC VITERBI SCHOOL OF ENGINEERING. SELECTION OF THE FELLOWS WILL BE MADE BY A COMMITTEE CHAIRED BY THE SR. ASSOCIATE DEAN OF ENGINEERING FOR ACADEMIC AFFAIRS, WITH REPRESENTATIVES FROM AMI-USC AND USC STEVENS INSTITUTE FOR INNOVATION. QUALIFIED ENGINEERING DOCTORAL STUDENTS ARE ELIGIBLE FOR CONSIDERATION. CANDIDATES MUST BE NOMINATED BY THEIR RESPECTIVE ENGINEERING DEPARTMENTS. EACH NOMINATED STUDENT WILL BE REQUIRED TO SUBMIT A RESEARCH PROPOSAL FOCUSING ON THE TECHNOLOGICAL INNOVATION AND THE POTENTIAL IMPACT OF THEIR DOCTORAL RESEARCH ON BIOMEDICAL ENGINEERING OR HEALTHCARE. false true false false false false false false false CAROL FOLT DIRECTOR AS OF 3/1/21 0 1322433 0 0 0 1008305 0 28500 0 17123 0 2376361 0 0 JAMES M STATEN DIRECTOR 0 1382669 0 200000 0 341105 0 128500 0 39955 0 2092229 0 0 CHARLES F ZUKOSKI DIRECTOR AND CHAIR 0 755370 0 200000 0 67230 0 124623 0 29473 0 1176696 0 0 LAURA MOSQUEDA DIRECTOR UNTIL 3/1/21 0 826971 0 125000 0 88362 0 28500 0 23390 0 1092223 0 0 YANNIS C YORTSOS DIRECTOR 0 431829 0 65000 0 22841 0 28500 0 31599 0 579769 0 0 CAROLYN DOMEN-BROSHEARS SECRETARY 0 305311 0 50000 0 29418 0 28500 0 4249 0 417478 0 0 MAJA MATARIC DIRECTOR 0 307072 0 0 0 25736 0 28500 0 41827 0 403135 0 0 DENNIS M FOSTER TREASURER 0 302993 0 30000 0 5746 0 28500 0 17028 0 384267 0 0 JONATHAN G LASCH PHD COO/DIRECTOR OF THE INSTITUTE 0 293173 0 0 0 23654 0 28500 0 29867 0 375194 0 0 CHRYSOSTOMOS L NIKIAS FORMER CHAIRMAN 0 1585377 0 0 0 11766 0 28500 0 28407 0 1654050 0 0 MICHAEL QUICK FORMER DIRECTOR AND CHAIR 0 633207 0 200000 0 122927 0 28500 0 10367 0 995001 0 0 SCHEDULE J, PART I, LINE 3: THE ORGANIZATION RELIES ON THE UNIVERSITY OF SOUTHERN CALIFORNIA (USC), A RELATED ORGANIZATION, TO ESTABLISH THE COMPENSATION OF THE PRESIDENT. THE COMPENSATION IS DETERMINED ANNUALLY USING THE SAFE HARBOR PROCESS DESCRIBED IN TREASURY REGULATION SECTION 53.4958-6. NAMELY, A COMMITTEE OF THE USC'S BOARD OF TRUSTEES TAKES THE FOLLOWING THREE STEPS: (1) IT ENSURES THAT NO MEMBER OF THE COMMITTEE HAS A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT BEING REVIEWED, (2) IT LOOKS TO COMPARABILITY DATA AND SPECIALIZED COMPENSATION REPORTS (AND IN SOME CASES OPINIONS) PREPARED FOR THE USC BY COMPENSATION CONSULTANTS WITH RESPECT TO SIMILARLY QUALIFIED INDIVIDUALS IN COMPARABLE POSITIONS AT SIMILARLY SITUATED UNIVERSITIES, AND (3) IT MAINTAINS A CONTEMPORANEOUS RECORD OF ITS DELIBERATIONS AND DECISIONS. SCHEDULE J, PART I, LINE 4B JAMES M. STATEN: DURING CALENDAR YEAR 2020, SENIOR VICE PRESIDENT, FINANCE AND CFO AT THE UNIVERSITY OF SOUTHERN CALIFORNIA PARTICIPATED IN A RETENTION PROGRAM. A PAYMENT OF $500,000 (ACCRUING AT $100,000 PER YEAR) IS SCHEDULED TO VEST AND BE PAYABLE IN 2021 SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE. AN ACCRUAL OF $100,000 HAS BEEN INCLUDED IN SCHEDULE J, PART II, COLUMN (C). CHARLES ZUKOSKI: DURING CALENDAR YEAR 2020, PROVOST AND SENIOR VICE PRESIDENT, ACADEMIC AFFAIRS AT THE UNIVERSITY OF SOUTHERN CALIFORNIA PARTICIPATED IN A RETENTION PROGRAM. A PAYMENT OF $500,000(ACCRUING AT $100,000 PER YEAR) IS SCHEDULED TO VEST AND BE PAYABLE IN 2024 SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE. AN ACCRUAL OF $100,000 HAS BEEN INCLUDED IN SCHEDULE J, PART II, COLUMN (C). OTHER: IN 1994 USC CREATED A 457(F) SUPPLEMENTAL RETIREMENT PLAN TO PROVIDE MAKE-UP BENEFITS TO EMPLOYEES WHOSE COMPENSATION EXCEEDS THE EARNINGS LIMITATION FOR CONTRIBUTIONS TO THE USC DEFINED CONTRIBUTION RETIREMENT PLAN. AS OF JANUARY 1, 2005, THE PLAN WAS FROZEN AND PARTICIPANTS, WITH RESPECT TO FUTURE MAKE-UP BENEFITS, WERE NO LONGER PERMITTED TO DEFER THESE BENEFITS. SCHEDULE J, PART II NONE OF THE OFFICERS AND DIRECTORS OF THIS ORGANIZATION RECEIVED ANY COMPENSATION FROM THE FILING ORGANIZATION DURING 2020. DURING 2020, THE INDIVIDUALS REPORTED ON SCHEDULE J, PART II WERE EMPLOYEES OF THE UNIVERSITY OF SOUTHERN CALIFORNIA ("USC"), A RELATED ORGANIZATION. FORM 990, PART I, LINE 1 & PART III, LINE 1 THE ALFRED E. MANN INSTITUTE AT THE UNIVERSITY OF SOUTHERN CALIFORNIA ("AMI-USC") IS A NON-PROFIT CORPORATION ENGAGED IN BIOMEDICAL RESEARCH AND DEVELOPMENT. THE INSTITUTE BEGAN WITH THE VISION OF MR. ALFRED E. MANN - CHAIRMAN AND CEO OF MINIMED; CHAIRMAN AND FOUNDER OF SEVERAL OTHER COMPANIES; AND PROMINENT ENTREPRENEUR IN THE FIELD OF BIOMEDICAL TECHNOLOGY - TO ESTABLISH A UNIVERSITY-AFFILIATED ORGANIZATION DEVOTED TO RESEARCH, DEVELOPMENT, AND COMMERCIALIZATION OF NEW BIOMEDICAL TECHNOLOGIES TO IMPROVE HUMAN HEALTH AND WELL-BEING. AS A RESULT OF DISCUSSIONS BETWEEN MR. MANN AND FORMER PRESIDENT STEVEN B. SAMPLE OF THE UNIVERSITY OF SOUTHERN CALIFORNIA, THE INSTITUTE WAS ESTABLISHED AND BECAME AFFILIATED WITH THE UNIVERSITY OF SOUTHERN CALIFORNIA IN 1998. FUNDING FOR THE INSTITUTE IS PROVIDED THROUGH A GIFT OF $112 MILLION FROM ALFRED E. MANN AND THE ALFRED E. MANN FOUNDATION FOR BIOMEDICAL RESEARCH. THE MISSION OF AMI-USC IS TO CONDUCT INNOVATIVE BIOMEDICAL RESEARCH AND TO FOSTER THE DEVELOPMENT AND COMMERCIALIZATION OF BIOMEDICAL DEVICES AND OTHER BIOMEDICAL TECHNOLOGIES. AMI-USC COLLABORATES WITH THE USC FACULTY TO IDENTIFY, VALIDATE, DEVELOP, AND TRANSITION TO PRIVATE INDUSTRY NEW CONCEPTS FOR USE IN PROMOTING PUBLIC HEALTH. ITS AIM IS TO MOVE PROMISING NEW TECHNOLOGY FROM THE IDEA STAGE TO SUCCESSFUL COMMERCIALIZATION IN A SHORT PERIOD OF TIME. AMI-USC PROVIDES RESEARCH OPPORTUNITIES FOR USC FACULTY AND GRADUATE STUDENTS TO SUPPORT THE USC GOAL OF INCREASING KNOWLEDGE FOR THE PUBLIC GOOD. IT ALSO COLLABORATES WITH NOTED CLINICIANS AND RESEARCHERS AT OTHER INSTITUTIONS AS APPROPRIATE. AMI-USC ALSO SUPPORTS A SERIES OF SYMPOSIA IN SELECTED AREAS IN WHICH MEDICAL DEVICE TECHNOLOGY HAS A STRONG ESTABLISHED OR POTENTIAL ROLE IN THE TREATMENT OF AN ECONOMICALLY IMPORTANT CATEGORY OF DISORDERS. FORM 990, PART VI, SECTION A, LINE 1 THE BOARD OF DIRECTORS HAS AN EXECUTIVE COMMITTEE THAT IS COMPRISED OF THE CHAIRMAN OF THE BOARD AND TWO ADDITIONAL DIRECTORS. THE EXECUTIVE COMMITTEE IS RESPONSIBLE TO THE FULL BOARD, IS EMPOWERED TO ACT FOR THE FULL BOARD AS TO AUTHORITIES EXPLICITLY DELEGATED TO THE EXECUTIVE COMMITTEE BY THE BOARD, AND ACTS ON BEHALF OF THE BOARD IN ALL EXECUTIVE DECISIONS DURING PERIODS BETWEEN MEETINGS OF THE FULL BOARD. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING INDIVIDUALS WERE EMPLOYEES AT THE UNIVERSITY OF SOUTHERN CALIFORNIA DURING FY21: CAROL L.FOLT CHRYSOSTOMOS L. NIKIAS LAURA MOSQUEDA CAROLYN DOMEN-BROSHEARS CHARLES F. ZUKOSKI MICHAEL QUICK JAMES M. STATEN YANNIS C. YORTSOS MAJA MATARIC DENNIS M. FOSTER JONATHAN G. LASCH, PHD FORM 990, PART VI, SECTION A, LINES 6, 7(A) & 7(B) PURSUANT TO THE ORGANIZATION'S BYLAWS, MEMBERS HAVE THE RIGHT TO NOT ONLY ELECT DIRECTORS BUT ALSO TO VOTE TO (A) AMEND THE BYLAWS OR THE CERTIFICATE OF INCORPORATION, (B) ENTER INTO SUBSTANTIAL LOANS ON BEHALF OF THE CORPORATION, (C) AUTHORIZE A MERGER, CONSOLIDATION OR DISSOLUTION OF THE CORPORATION, (D) AUTHORIZE THE TRANSFER OR LIEN OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION, OR (E) AUTHORIZE ANY ACTION THAT MAY ADVERSELY IMPACT THE CORPORATION'S STATUS AS A TAX-EXEMPT SUPPORTING ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B AMI-USC'S FORM 990 IS REVIEWED AT SEVERAL LEVELS. THE ORGANIZATION ENGAGES AN EXTERNAL PUBLIC ACCOUNTING FIRM TO ASSIST IN THE PREPARATION AND REVIEW OF ITS FORM 990 AND WHO SIGNS AS PAID PREPARER. THE REVIEW OF FORM 990 IS CONDUCTED PRIOR TO IT BEING FILED BY MANAGEMENT OF THE UNIVERSITY OF SOUTHERN CALIFORNIA AND THE FORM IS ALSO PROVIDED TO EACH MEMBER OF THE GOVERNING BOARD PRIOR TO BE FILED. FORM 990, PART VI, SECTION B, LINE 12C AMI-USC MAINTAINS A CONFLICT OF INTEREST POLICY FOR MEMBERS OF THE BOARD OF DIRECTORS. IN GENERAL, THE POLICY REQUIRES THAT A DIRECTOR MUST AVOID USING HIS OR HER POSITION FOR PERSONAL GAIN OR ADVANTAGE, OR TO OBTAIN A FAVORED STATUS FOR ANY SPECIAL GROUP, BUSINESS, OR FAMILY ENTITY WITH WHICH THE DIRECTOR IS AFFILIATED. THE POLICY APPLIES TO ALL VOTING MEMBERS OF THE BOARD OF DIRECTORS. A DIRECTOR WILL CONTINUE TO BE SUBJECT TO THE POLICY FOR FIVE YEARS AFTER LEAVING THE BOARD. IF A DIRECTOR BECOMES AWARE OF A FINANCIAL INTEREST THAT MAY BE MATERIAL, HE OR SHE IS REQUIRED TO DISCLOSE THAT FINANCIAL INTEREST TO THE MEMBERS OF THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. SUCH DISCLOSURE IS IN ADDITION TO THE REQUIRED ANNUAL DISCLOSURES. THE PROCEDURE THAT THE EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS FOLLOW IN REVIEWING A POTENTIAL CONFLICT OF INTEREST IS CONSISTENT WITH THE PROTOCOL DESCRIBED IN THE UNIVERSITY OF SOUTHERN CALIFORNIA'S CONFLICT OF INTEREST POLICY FOR MEMBERS OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINES 13-14 AMI-USC FOLLOWS THE UNIVERSITY OF SOUTHERN CALIFORNIA'S WRITTEN DOCUMENT RETENTION AND WHISTLEBLOWER POLICIES WHICH WERE PREVIOUSLY ISSUED BY UNIVERSITY MANAGEMENT AND ARE CURRENTLY IN EFFECT BUT NOT FORMALLY ADOPTED BY THE AMI-USC GOVERNING BODY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC. THE ORGANIZATION FOLLOWS THE CONFLICT OF INTEREST POLICY OF THE UNIVERSITY OF SOUTHERN CALIFORNIA WHICH IS MADE AVAILABLE ON THE UNIVERSITY'S WEBSITE. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AUDITED AS PART OF A CONSOLIDATED FINANCIAL STATEMENT UNDER THE UNIVERSITY OF SOUTHERN CALIFORNIA WHICH ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE. FORM 990, PART VII, COLUMN (B) THE INDIVIDUALS REPORTED AS RECEIVING COMPENSATION FROM A RELATED ORGANIZATION IN COLUMNS (E) AND (F) IN FORM 990, PART VII ARE EMPLOYEES AT THE UNIVERSITY OF SOUTHERN CALIFORNIA, A TAX-EXEMPT RELATED ORGANIZATION. EACH OF THESE INDIVIDUALS HAS DEVOTED AN AVERAGE OF 40-50 HOURS PER WEEK TO THEIR POSITIONS AT THE UNIVERSITY OF SOUTHERN CALIFORNIA. FORM 990, PART VII AND PART IX THE ORGANIZATION REIMBURSES THE UNIVERSITY OF SOUTHERN CALIFORNIA FOR USE OF ITS EMPLOYEES AND OTHER OPERATING COSTS. University of southern california university gardens UGB 203 los angeles CA 90089 951642394 education CA 501(C)(3) 02 NA false false true false false false false false false false false false false false true true true false false false