2022-05-16T20:10:47-05:00 2021-06-30 990 2020-07-01 231352000 THE ACADEMY OF NATURAL SCIENCES OF PHILADELPHIA ACAD 2152991000 1900 BENJAMIN FRANKLIN PARKWAY PHILADELPHIA PA 191031101 LISA MILLER VP, CFO/COO 2152991000 2022-05-16 LISA MILLER 999009999 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z THE ACADEMY OF NATURAL SCIENCES OF DREXEL UNIVERSITY LISA MILLER 1900 BENJAMIN FRANKLIN PARKWAY PHILADELPHIA PA 191031101 32674211 0 X WWW.ANSP.ORG X 1812 PA UNDERSTAND THE NATURAL WORLD AND INSPIRE EVERYONE TO CARE FOR IT. 30 25 213 0 -44266 -46141 7982410 9754047 5069803 4470582 3205492 5145430 -156255 2738536 16101450 22108595 282730 557715 0 0 11897954 8396880 0 0 527356 8787693 8327300 20968377 17281895 -4866927 4826700 90703595 106852043 15623794 10963882 75079801 95888161 X THE MISSION IS "TO UNDERSTAND THE NATURAL WORLD AND INSPIRE EVERYONE TO CARE FOR IT." THE ACADEMY IMPLEMENTS ITS MISSION THROUGH IMPROVING UNDERSTANDING OF THE DIVERSITY OF LIFE, DEVELOPING, AND APPLYING SCIENCE TO PROTECT THE ENVIRONMENT, ADVANCING PUBLIC INTEREST AND ENGAGEMENT IN NATURAL SCIENCES AND ENVIRONMENTAL ISSUES, AND PRESERVING THE HERITAGE OF NATURAL SCIENCE IN SPECIMENS, IMAGES, WORDS, AND NUMBERS. 0 0 6076862 508012 3452818 RESEARCH, CENTER FOR ACADEMY SCIENCE - ACADEMY SCIENTISTS CONDUCT RESEARCH AROUND THE WORLD, COLLECTING SAMPLES THAT HELP THEM DOCUMENT BIODIVERSITY, TRACE EVOLUTION, AND TRACK ENVIRONMENTAL CHANGES OVER TIME. FOR OVER 200 YEARS, ACADEMY SCIENTISTS HAVE PRESERVED, CURATED, AND STUDIED WHAT IS NOW A WORLD-CLASS COLLECTION OF AN ESTIMATED 19 MILLION BIOLOGICAL SPECIMENS DOCUMENTING THE HISTORY OF EUKARYOTIC LIFE ON EARTH. ACADEMY RESEARCHERS ALSO WORK TO UNDERSTAND, PROTECT, AND RESTORE ENVIRONMENTAL CONDITIONS THROUGH BASIC AND APPLIED RESEARCH ON HUMAN IMPACTS, WORKING COLLABORATIVELY WITH REGULATORS, PLANNERS, PRACTITIONERS, AND STAKEHOLDERS. FUNDING FOR THE RESEARCH COMES FROM FEDERAL, STATE, AND LOCAL GOVERNMENTAL AGENCIES AND FOUNDATIONS. THROUGH FESTIVALS, MEMBERS' NIGHT, BEHIND THE SCENES TOUR, POPULAR PUBLICATIONS, AND OUTREACH EVENTS (E.G., ACADEMY TOWN SQUARES AND CONVERSATIONS), SCIENTISTS SHARE THEIR DISCOVERIES, ENABLING THEIR COLLEAGUES, VISITORS, AND MEMBERS TO GAIN FURTHER INSIGHT INTO LIFE ON EARTH, ENVIRONMENTAL PROCESSES AND HOW TO MAINTAIN A SUSTAINABLE FUTURE. ACADEMY SCIENTISTS CONTINUE TO PRODUCE SCIENTIFIC PUBLICATIONS WHILE CULTIVATING OUR COLLECTIONS AND TRAVELING OUTSIDE THE MUSEUM FOR RESEARCH ON DOZENS OF FIELD TRIPS AND EXPEDITIONS. THE ACADEMY & DREXEL UNIVERSITY'S BIODIVERSITY, EARTH & ENVIRONMENTAL SCIENCE (BEES) PROGRAM HAS GROWN WITH MANY NEW PROJECTS ON THE HORIZON AS WE CONTINUE TO BE THE EPICENTER OF DISCOVERY. FROM DIGITIZATION OF THE COLLECTIONS, TO LOOKING FOR CHEMICAL CLUES TO BIODIVERSITY, TO UNDERSTANDING ENVIRONMENTAL CHANGE IN WETLANDS AND WATERSHEDS, THE SCIENTISTS ARE LEADING RESEARCHERS IN NATURAL SCIENCES. 5127622 46703 999337 EDUCATION - THE ACADEMY BRINGS NATURAL SCIENCE TO LIFE THROUGH THREE FLOORS OF ENGAGING EXHIBITS, INCLUDING DINOSAURS AND OTHER ANCIENT CREATURES. WE REOPENED TO THE GENERAL PUBLIC IN AUGUST 2020 AFTER HAVING BEEN SHUT DOWN DUE TO COVID-19 IN MARCH 2020. WE WERE CLOSED BY THE CITY OF PHILAELPHIA AGAIN FROM NOVEMBER 2020 UNTIL JANUARY 2021 DUE TO COVID-19 CONCERNS. WE REOPENED IN JANUARY 2021 AND REMAINED OPEN THROUGH THE END OF THE FISCAL YAER. AT OUR MUSEUM, WE WELCOMED MORE THAN 41,000 VISITORS TO EXPLORE OUR DIORAMAS, DINOSAURS, LIVE ANIMALS, AND THE CHILDREN'S NATURE DISCOVERY CENTER, OUTSIDE IN. DUE TO THE GLOBAL PANDEMIC, OUR DELIVERY OF PROGRAMS WAS CHANGED, BUT OUR RELEVANCE AND IMPACT REMAINED STRONG.IN FISCAL YEAR 2021, ACADEMY EDUCATORS REACHED MORE THAN 5,400 PEOPLE THROUGH 89 VIRTUAL PROGRAMS FOR BOTH ADULTS AND CHILDREN. WE BEGAN RESUMING IN-PERSON PROGRAMS TOWARDS THE END OF THE FISCAL YEAR WHERE WE ENGAGED WITH 110 CHILDREN AND THEIR CAREGIVERS THROUGH 11 ADDITIONAL ONSITE AND FIELD TRIP PROGRAMS.THE ACADEMY'S NATIONALLY RECOGNIZED WOMEN IN NATURAL SCIENCES PROGRAM KNOWN AS WINS IS A FREE AFTER SCHOOL AND SUMMER ENRICHMENT PROGRAM FOR YOUNG WOMEN. THIS PROGRAM INTRODUCES HUNDREDS OF HIGH SCHOOL WOMEN TO FUTURE CAREERS IN SCIENCE. IN JUNE OF 2018 THE ACADEMY'S WINS PROGRAM RECEIVED THE PRESIDENTIAL AWARD FOR EXCELLENCE IN SCIENCE, MATHEMATICS AND ENGINEERING (STEM) MENTORING. IT IS THE HIGHEST NATIONAL MENTORING AWARD BESTOWED BY THE WHITE HOUSE OFFICE OF SCIENCE AND TECHNOLOGY POLICY AND THE NATIONAL SCIENCE FOUNDATION. OUR ENGINEERING WINS PROGRAM IS A CURRICULUM MODULE THAT INFUSES WINS LESSONS AND ENGINEERING CONTENT AND CONNECTS STUDENTS WITH SCIENTISTS WHO SERVE AS MENTORS CONTRIBUTING TO THE PRORAM-TO-WORKFORCE PIPELINE FOR YOUNG WOMEN OF COLOR IN STEM CAREERS. THIS PROGRAMIS CURRENTLYY OFFERED IN A HYBRID FORMAT, AND THE 70 GIRLS IN WINS WERE ENGAGED WEEKLY IN THE PROGRAM.THE ACADEMY CONTINUES TO LAUNCH SEVERAL EXCITING NEW INITIATIVES AIMED AT TAKING OUR VISITOR EXPERIENCE TO THE NEXT LEVEL. WE FINALIZED A NEW EXPERIENTIAL MASTER PLAN AND IMPLEMENTED THE FIRST STEPS TOWARD MAKING PHYSICAL CHANGES TO OUR GALLERIES' INTERPRETIVE CONTENT. A FULL-SCALE PLAN FOR RESCRIPTING THE INSTITUTION'S SIGNATURE GALLERIES IS UNDERWAY. FOR CLIMATE YEAR, THE ACADEMY PRESENTED THE EXHIBITION GIDEON MENDEL: DROWNING WORLD IN THE WILLIAM B. DIETRICH GALLERY. THE EXHIBITION BY THE AWARD-WINNING PHOTOGRAPHER PRESENTS 37 ARRESTING PORTRAITS OF INDIVIDUALS AROUND THE WORLD EXPERIENCING EXTREME FLOODING EVENTS. THE EXHIBITION DRAWS FORTH A SHARED SENSE OF OUR COMMON HUMANITY BY DEPICTING HOW CLIMATE CHANGE AFFECTS EVERYONE. 1044244 3000 18427 LIBRARY AND ARCHIVES - THE ACADEMY'S LIBRARY AND ARCHIVES IS INTERNATIONALLY RECOGNIZED FOR ITS RARE AND HISTORIC BOOKS, JOURNALS, ART, ARTIFACTS, MANUSCRIPTS, PHOTOGRAPHS, AND THE UNIQUE PAPERS AND RESEARCH OF ACADEMY MEMBERS AND STAFF. THE LIBRARY HOLDS MORE THAN 250,000 TITLES THAT SPAN FIVE CENTURIES. OUR ARCHIVES COLLECTIONS CONTAIN OVER A MILLION ITEMS, INCLUDING MANUSCRIPTS, CORRESPONDENCE, FIELD NOTEBOOKS, FILMS, JOURNALS, AND PHOTOGRAPHS. THE LIBRARY AND ARCHIVES CONTINUES TO PROVIDE SERVICES TO ACADEMICS AND THE GENERAL PUBLIC. THE DEPARTMENT EXPERIENCED A MAJOR GROWTH IN APPOINTMENTS FROM THE DREXEL COMMUNITY THROUGH BOTH ON-SITE VISITS TO VIEW THE COLLECTION AND PRESENTATIONS ON ACCESS TO VARIOUS RESEARCH COURSES ON CAMPUS. DURING 2021, THE LIBRARY AND ARCHIVES HELD A SERIES OF VIRTUAL EVENTS INCLUDING NATURA FEMINAE: PURSING SCIENCE AGAINST THE ODDS, AND SECRETS OF THE DIORAMA. BOTH EVENTS HIGHLIGHTED LIBRARY AND ARCHIVES COLLECTIONS AND BROUGHT TO LIGHT THE HISTORY OF WOMEN NATURALISTS AT THE ACADEMY AND THE HISTORY OF THE ACADEMY'S DIORAMAS. 12248728 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 1 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 1 0 0 0 1 X 16 0 1 213 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 30 25 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NY NC ND NV OH OK OR PA RI SC TN UT VA WA WV WI X X DREXEL UNIVERSITY COMPTROLLER'S OF 2158951442 3141 CHESTNUT STREET STE 225 PHILADELPHIA PA 19104 JOHN A FRY BOARD TRUSTEE 2.00 45.00 X 0 2037295 346976 PAUL JENSEN PHD BOARD TRUSTEE (THROUGH 2/21) 2.00 40.00 X 0 595872 48592 SCOTT COOPER PHD PRESIDENT AND CEO 40.00 0.00 X X 375629 0 32488 DAVID RUSENKO BOARD TRUSTEE 2.00 42.00 X 0 277216 29383 PETER AUSTEN BOARD TRUSTEE 2.00 0.00 X 0 0 0 JOHN F BALES III BOARD TRUSTEE 2.00 0.00 X 0 0 0 JEFFREY A BEACHELL BOARD TRUSTEE 2.00 2.00 X 0 0 0 AMY BRANCH-BENOLIEL BOARD TRUSTEE 2.00 0.00 X 0 0 0 ERICA CARPENTER PHD BOARD TRUSTEE 2.00 0.00 X 0 0 0 AMY COES BOARD TRUSTEE 2.00 0.00 X 0 0 0 MAUREEN CRAIG BOARD TRUSTEE 2.00 0.00 X 0 0 0 ABBIE DEAN VICE CHAIR 2.00 2.00 X X 0 0 0 ROBERT J DELANY TREASURER 2.00 0.00 X X 0 0 0 SUZANNE EVELAND BOARD TRUSTEE 2.00 0.00 X 0 0 0 JASON FRIEDLAND BOARD TRUSTEE 2.00 0.00 X 0 0 0 MARC E GOLD BOARD TRUSTEE 2.00 0.00 X 0 0 0 DAVID E GRIFFITH CHAIR 2.00 2.00 X X 0 0 0 LATASHA HARLING BOARD TRUSTEE 2.00 0.00 X 0 0 0 ELLEN D HARVEY BOARD TRUSTEE 2.00 0.00 X 0 0 0 JUN HUANGPU PHD MBA BOARD TRUSTEE 2.00 0.00 X 0 0 0 RASHAAD LAMBERT BOARD TRUSTEE 2.00 0.00 X 0 0 0 WILLIAM LANDMAN BOARD TRUSTEE 2.00 0.00 X 0 0 0 ALLEN J MODEL BOARD TRUSTEE 2.00 0.00 X 0 0 0 RACHANA PATEL BOARD TRUSTEE 2.00 0.00 X 0 0 0 RON PHILIP BOARD TRUSTEEE 2.00 0.00 X 0 0 0 MICHAEL H REED ESQ VICE CHAIR 2.00 0.00 X X 0 0 0 IVY SILVER BOARD TRUSTEE ( THROUGH 9/20) 2.00 0.00 X 0 0 0 JOHN F SMITH III BOARD TRUSTEE 2.00 0.00 X 0 0 0 JOHN J SOROKO BOARD TRUSTEE 2.00 0.00 X 0 0 0 MICHAEL K TUCKER BOARD TRUSTEE 2.00 0.00 X 0 0 0 ROBERT VICTOR SECRETARY 2.00 0.00 X X 0 0 0 SHARON L WALKER PHD F AEESP FAA BOARD TRUSTEE 2.00 40.00 X 0 372954 36013 CYNTHIA P HECKSCHER BOARD TRUSTEE - EMERITUS 2.00 0.00 X 0 0 0 EDWARD A MONTGOMERY JR BOARD TRUSTEE - EMERITUS 2.00 0.00 X 0 0 0 I WISTAR MORRIS III BOARD TRUSTEE - EMERITUS 2.00 0.00 X 0 0 0 MINTURN T WRIGHT III BOARD TRUSTEE - EMERITUS 2.00 0.00 X 0 0 0 LISA M MILLER VP, CFO/COO 40.00 0.00 X 222571 0 13184 DAVID VELINSKY VP, CENTER FOR ACADEMY SCI 2.00 40.00 X 0 187884 26714 JANE TAYLOR VP, MARKETING, SALES & COM 40.00 0.00 X 157303 0 9218 NICOLE STEWART CHIEF LEARNING & ENGAGEM 40.00 0.00 X 170539 0 24304 JACQUELINE GENOVESI VP, EDUCATION 40.00 0.00 X 137556 0 8603 MEGHAN BUCCI EXECUTIVE DIRECTOR OF FINA 40.00 0.00 X 110623 0 9849 CAROL COLLIER SR ADVISOR, WATERSHED MGT, CTR ENVIRONMENTAL POLIC 40.00 0.00 X 107247 1000 1956 JOSEPH RESNICK SR DIRECTOR, TECHNOLOGY & INFRASTRUCTURE 40.00 0.00 X 100681 0 22910 1382149 3472221 610190 8 0 1 0 GILBANE BUILDING COMPANY 100 E PENN SQ UNIT 1040 PHILADELPHIA PA 19107 CONSTRUCTION SERVICES 2156292 LIMBACH COMPANY LLC 175 TITUS AVENUE STE 100 WARRINGTON PA 18976 HVAC SERVICES 283564 CLEAN TECH SERVICES INC 114 CHESTNUT ST 5TH FL PHILADELPHIA PA 19106 CLEANING SERVICES 257370 CAPACITY INTERACTIVE CONSULTING LLC 1239 BROADWAY STE 1103 NEW YORK NY 10001 MEDIA CONSULTANT 238883 LFP COACHING & CONSULTING LLC 31 NORTH SUGAN RD NEW HOPE PA 18938 CONSULTING SERVICES 132934 7 220502 5952052 511298 3070195 182870 9754047 ENVIRONMENTAL RESEARCH 541700 2482796 2482796 SYSTEMATIC BIOLOGY RE 541700 970022 970022 MUSEUM ADMISSIONS 712110 499815 499815 EDUCATION & MUSEUM PRO 611600 499522 499522 ALL OTHER PROGRAM SERVICES 712110 18427 18427 4470582 1109046 1109046 30415 30415 14602000 10562731 2885 4039269 -2885 4036384 4036384 PENSION ACTUARIAL ADJUSTMENT 900099 2736265 2736265 FACILITY SALES 531120 16122 16122 INCOME (LOSS) FROM PARTNERSHIP IN 525990 -44266 -44266 2708121 22108595 4470582 -44266 7928232 546915 546915 10800 10800 895722 136184 682787 76751 5935286 5187914 528227 219145 266712 207876 47283 11553 815132 644930 136683 33519 484028 377253 85809 20966 4526 4526 90200 90200 303411 303411 1049124 344721 680606 23797 254854 254854 546568 452223 62111 32234 173157 144187 24760 4210 11689 11689 1651796 1571357 61753 18686 32439 32292 147 7699 7699 2528792 743416 1718484 66892 1323439 1258989 49479 14971 EXHIBITION EXPENSE 242389 242389 MISCELLANEOUS 39168 29768 6917 2483 PROFESSIONAL MEMBERSHIP 37739 10112 26128 1499 PARTICIPANT EXPENSE 10850 10850 19460 17784 1026 650 17281895 12248728 4505811 527356 4490 4333 458007 659489 1602595 1767320 147773 239715 68135 112992 31376461 12333088 20070398 19043373 39702549 42760761 28634591 42253000 15057 11060 90703595 106852043 1679115 1679687 1667748 3067919 12276931 6216276 15623794 10963882 X 2721000 5727000 72358801 90161161 75079801 95888161 90703595 106852043 4826700 15983164 -1504 0 X X 0 1 X 1 1 1 X 10349866 8221368 6903824 7982410 9754047 43211515 6451950 10394300 5945366 5141736 4486704 32420056 16801816 18615668 12849190 13124146 14240751 75631571 1840017 3345769 455927 838933 901541 7382187 1344004 111960 364149 915475 1510390 4245978 3184021 3457729 820076 1754408 2411931 11628165 64003406 1557908 1404993 1684053 1595922 1139461 7382337 1557908 1404993 1684053 1595922 1139461 7382337 55320 55320 331039 489539 271587 2736265 3828430 18746083 20510200 14804830 14720068 18116477 86897658 0.73650 0.76090 0.08500 0.08110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 58758000 171000 17979000 3642000 73266000 61880000 209000 -24000 3307000 58758000 62198000 7000 2718000 3043000 61880000 59741000 240000 4561000 2344000 62198000 55032000 715000 6993000 2999000 59741000 0.02270 0.89240 0.08490 1 0 25755140 7370228 18384912 5531249 4914069 617180 90072 48791 41281 19043373 INVESTMENT AT NAV (PRIVATE EQUITY, REAL ESTATE, HEDGE FUNDS AND OTHER) 42253000 F 42253000 DEPOSITS 64544 POST RETIREMENT AND PENSION BENEFIT 6141372 OPERATING LEASE LIABILITY 10360 6216276 X 37491957 15983164 15983164 21508793 602687 -2885 599802 22108595 16682093 0 16682093 602687 -2885 599802 17281895 PART X, LINE 2: THE ACADEMY IS A NOT-FOR-PROFIT CORPORATION THAT HAS BEEN GRANTED TAX EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND, ACCORDINGLY FILES FEDERAL TAX FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX), ANNUALLY. THE ACADEMY HAS FROM TIME TO TIME REPORTED UNRELATED BUSINESS INCOME FROM INVESTMENTS HELD IN THE ENDOWMENT FUND, WHEN UNRELATED BUSINESS INCOME HAS BEEN REPORTED BY THE INVESTMENT MANAGER ON SCHEDULE K-1. THE STATUTE OF LIMITATIONS ON THE ACADEMY'S U.S. FEDERAL INFORMATIONAL RETURNS REMAINS OPEN FOR THREE YEARS FOLLOWING THE YEAR THEY ARE FILED. THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ISSUED ACCOUNTING STANDARDS CODIFICATION ("ASC") 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE LIKELY THAN NOT" THRESHOLD. THE ACADEMY DOES NOT BELIEVE THERE ARE ANY UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS AS OF JUNE 30, 2021, AND 2020. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASS LOSS ON DISPOSAL OF ASSET PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASS LOSS ON DISPOSAL OF ASSETS PART III, LINE 1A: COLLECTIONS ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE ACADEMY'S INCEPTION ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED OR AS TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. THE ACADEMY'S COLLECTIONS ARE MADE UP OF LIBRARY HOLDINGS, SCIENTIFIC SPECIMENS, MINERALS, EXHIBITS, AND ART OBJECTS THAT ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC, AND CURATORIAL PURPOSES. EACH OF THESE ITEMS ARE CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. PART III, LINE 4: THE ACADEMY'S COLLECTIONS OF MORE THAN 19 MILLION CATALOGED NATURAL HISTORY SPECIMENS AND ARTIFACTS ARE COLLECTIVELY AMONG THE 10 LARGEST IN THE UNITED STATES. THROUGH ITS THREE MAIN COMPONENTS - RESEARCH, EDUCATION AND MUSEUM, THE ACADEMY WORKS TO SHARE ITS SCIENTIFIC KNOWLEDGE GAINED FROM THE COLLECTIONS AND OTHER ORGANIZATIONS, GOVERNMENTS, BUSINESSES, AND INDIVIDUALS TO INSPIRE STEWARDSHIP IN THE ENVIRONMENT AND TO PROMOTE AND ENCOURAGE CONTINUED INVESTMENT IN THE NATURAL SCIENCES. PART V, LINE 4: THE ENDOWMENT FUNDS WERE ESTABLISHED TO SUPPORT SCIENTIFIC COLLECTIONS AND RESEARCH, EDUCATION, PUBLICATIONS, THE LIBRARY, DEPARTMENTAL CHAIRS AND POSITIONS, AND THE OVERALL OPERATION OF THE ACADEMY OF NATURAL SCIENCES. 1 EUROPE - INCLUDING ICELAND AND GREENLAND 0 0 PROGRAM SERVICES RESEARCH/COLLECTING 3685 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES RESEARCH/COLLECTING 3555 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES RESEARCH/COLLECTING 458 0 0 0 0 0 0 7698 0 7698 1 0 1 0 1 0 PART I, LINE 2: THE EXPENDITURES INCURRED IN ACTIVITIES OUTSIDE THE UNITED STATES ARE TRACKED ON EXPENSE REPORTS SUBMITTED BY THE SCIENTISTS AND EMPLOYEES. THE EXPENSE REPORTS DOCUMENT THE ACTUAL EXPENDITURES AND DISBURSEMENTS MADE WITHIN THE FOREIGN LOCATION. PART I, LINE 3: THE ACCRUAL ACCOUNTING METHOD IS USED TO ACCOUNT FOR THE EXPENSES. PART III ACCOUNTING METHOD: 1 PHILADELPHIA EDUCATION FUND 700 ARCH ST 700N PHILADELPHIA PA 19106 222567982 501(C)(3) 19203 0 RESEARCH TRUSTEES OF THE UNIVERSITY OF ILLINOIS 506 S WRIGHT ST 209 HAB NO MC339 URBANA IL 61801 376000511 501(C)(3) 129233 0 RESEARCH UNIVERSITY OF DELAWARE 220 HULLIHEN HALL NEWARK DE 19716 516000297 501(C)(3) 22674 0 RESEARCH ASPIRA INC OF PENNSYLVANIA 4322 N 5TH ST PHILADELPHIA PA 19140 231712664 501(C)(3) 15600 0 RESEARCH TEMPLE UNIVERSITY 1805 N BROAD ST WACHMAN HALL 1108 PHILADELPHIA PA 19122 231365971 501(C)(3) 316833 0 RESEARCH CONGRESO DE LATINOS UNIDOS (PHILADELPHIA BASED) 216 W SOMERSET ST PHILADELPHIA PA 19133 232051143 501(C)(3) 11600 0 RESEARCH LOCK HAVEN UNIVERSITY 401 N FAIRVIEW ST LOCK HAVEN PA 17745 232442881 115 31772 0 RESERACH 7 0 AWARD 3 4300 SUBCONTRACT PROFESSIONAL SERVICES 2 6500 PART I, LINE 2: THE PRINCIPAL INVESTIGATOR HAVING RESPONSIBILITY FOR THE GRANT MONITORS SUBCONTRACTOR PERFORMANCE BASED ON THE PROGRAM'S TASKS AND GOALS. THE PRINCIPAL INVESTIGATOR REVIEWS THE PERFORMANCE BEFORE AUTHORIZING THE SUBCONTRACTOR'S INVOICE FOR PAYMENT. X X X X X 0 1 0 0 0 0 0 0 0 JOHN A FRY BOARD TRUSTEE 0 762051 0 0 0 1275244 0 331350 0 15626 0 2384271 0 574959 PAUL JENSEN PHD BOARD TRUSTEE (THROUGH 2/21) 0 545872 0 50000 0 0 0 30250 0 18342 0 644464 0 0 SHARON L WALKER PHD F AEESP FAA BOARD TRUSTEE 0 372954 0 0 0 0 0 17671 0 18342 0 408967 0 0 SCOTT COOPER PHD PRESIDENT AND CEO 375629 0 0 0 0 0 14146 0 18342 0 408117 0 0 0 DAVID RUSENKO BOARD TRUSTEE 0 277216 0 0 0 0 0 15372 0 14011 0 306599 0 0 LISA M MILLER VP, CFO/COO 222571 0 0 0 0 0 12530 0 654 0 235755 0 0 0 DAVID VELINSKY VP, CENTER FOR ACADEMY SCI 0 187884 0 0 0 0 0 8652 0 18062 0 214598 0 0 NICOLE STEWART CHIEF LEARNING & ENGAGEM 170539 0 0 0 0 0 7727 0 16577 0 194843 0 0 0 JANE TAYLOR VP, MARKETING, SALES & COM 157303 0 0 0 0 0 8707 0 511 0 166521 0 0 0 PART I, LINE 4B DREXEL UNIVERSITY, A RELATED ORGANIZATION, PAID MR. FRY'S SUPPLEMENTAL RETIREMENT PLAN OF $887,307 IN DECEMBER 2020, WHICH BEGAN EFFECTIVE JULY 1, 2012. MR. FRY HAD BEEN CREDITED AN AMOUNT EQUAL TO 11% OF THE PREVIOUS FISCAL YEAR'S TOTAL BASE AND BONUS COMPENSATION THAT EXCEEDS THE COMPENSATION LIMIT UNDER THE IRC SECTION 401(A)(17) ON JUNE 30, 2013, AND ON EACH FOLLOWING JUNE 30 THROUGH 2020. IN ADDITION, THE SUPPLEMENTAL RETIREMENT PLAN EARNED EARNINGS BASED ON INVESTMENT OPTIONS SELECTED BY MR. FRY. ON JUNE 30, 2020, MR. FRY BECAME FULLY VESTED IN THE SUPPLEMENTAL RETIREMENT PLAN. PART II DREXEL UNIVERSITY, A RELATED ORGANIZATION, PROVIDES JOHN FRY WITH A DEFERRED COMPENSATION ARRANGEMENT. THE UNIVERSITY WILL CREDIT MR. FRY WITH $300,000 ON JUNE 30, 2019, AND ON EACH FOLLOWING JUNE 30 THROUGH 2021 WHILE HE REMAINS EMPLOYED BY THE UNIVERSITY AS PRESIDENT AND CHIEF EXECUTIVE OFFICER. THE AMOUNT CREDITED ON JUNE 30, 2021 WILL ALSO INCLUDE INVESTMENT EARNINGS, GAINS, AND LOSSES, PROVIDED MR. FRY IS EMPLOYED BY THE UNIVERSITY ON THAT DATE. IN THE EVENT MR. FRY VOLUNTARILY TERMINATES HIS EMPLOYMENT WITHOUT GOOD REASON WITH THE UNIVERSITY PRIOR TO JUNE 30, 2021, OR THE UNIVERSITY TERMINATES MR. FRY'S EMPLOYMENT FOR CAUSE, THE DEFERRED COMPENSATION SHALL BE FORFEITED. JOHN GAUSAS FAMILY OF TRUSTEE 33656 EMPLOYMENT 0 X 18 182870 SELLING PRICE X 1 PART II EXPLANATION 1 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN COLUMN (B), NOT THE NUMBER OF ITEMS. PART I, LINE 33: THE ORGANIZATION DOES NOT RECOGNIZE REVENUE FOR CONTRIBUTIONS OF COLLECTION ITEMS BECAUSE COLLECTIONS ARE NOT CAPITALIZED AS ALLOWED UNDER SFAS 116. THE ORGANIZATION ALSO DOES NOT RECOGNIZE REVENUE FOR NONCASH CONTRIBUTIONS (OTHER THAN SECURITIES). FORM 990, PART V, LINE 7G: NOT APPLICABLE. FORM 990, PART V, LINE 7H: NOT APPLICABLE. FORM 990, PART VI, SECTION A, LINE 1 EMERITUS TRUSTEES AND HONORARY TRUSTEES SHALL HAVE SUCH OTHER PRIVILEGES AS THE BOARD SHALL DETERMINE BUT SHALL NOT BE ELIGIBLE TO VOTE. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERSHIP OF THE ACADEMY CONSISTS OF ONE VOTING MEMBER WHICH IS DREXEL UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 7A DREXEL UNIVERSITY IS THE SOLE VOTING MEMBER AND HAS THE AUTHORITY TO APPOINT OR REMOVE AN ACADEMY TRUSTEE. FORM 990, PART VI, SECTION A, LINE 7B TO THE FULLEST EXTENT PERMITTED UNDER THE PENNSYLVANIA NON-PROFIT CORPORATION LAW OF 1988, AS AMENDED, CERTAIN CORPORATE ACTIONS REQUIRE THE APPROVAL OF THE MEMBER. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT 990 IS PREPARED INTERNALLY AND REVIEWED BY THE ACADEMY'S FINANCE COMMITTEE. ACTING ON BEHALF OF THE BOARD, THE FINANCE COMMITTEE WILL APPROVE THE FINAL VERSION AND DIRECT THE RETURN TO BE FILED. A COPY OF THE FINAL VERSION IS DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO FILING AND POSTED ON THE WEBSITE. FORM 990, PART VI, SECTION B, LINE 12C THE ACADEMY OF NATURAL SCIENCES OF PHILADELPHIA ("ACADEMY") IMPLEMENTS THE CONFLICT OF INTEREST AND COMMITMENT PROTOCOLS POLICY OF ITS PARENT, DREXEL UNIVERSITY. THE POLICY APPLIES TO ALL EMPLOYEES, OFFICERS, AND TRUSTEES OF THE ACADEMY/UNIVERSITY. THE POLICY IS INTENDED TO SATISFY COMPLIANCE REQUIREMENTS AND GUIDE ACADEMY/UNIVERSITY EMPLOYEES IN AVOIDING THOSE SITUATIONS THAT CAN RESULT IN A CONFLICT OF INTEREST OR COMMITMENT. THE KEY TO AVOIDING THOSE SITUATIONS THAT CAN RESULT IN A CONFLICT OF INTEREST OR COMMITMENT IS TO MAKE EMPLOYEES AWARE OF WHAT CONSTITUTES A CONFLICT AND FOR THEM TO DISCLOSE POTENTIAL SITUATIONS BEFORE THE ACTIVITY IS UNDERTAKEN. IN THE CSE OF EMPLOYEES AND OFFICERS, EACH EMPLOYEE AND OFFICER IS REQUIRED TO COMPLETE A DISCLOSURE QUESTIONNAIRE DURING THE ANNUAL COMPLIANCE PERIOD. EMPLOYEE CONFLICT OF INTEREST AND COMMITMENT DISCLOSURE QUSTIONNAIRES ARE MANAGED THROUGH THE HUMAN RESOURCES DEPARTMENT'S ELECTRONIC SYSTEM, AS REQUIRED BY THE VICE PRESIDENT AND CHIEF COMPLIANCE AND PRIVACY OFFICER. COMPLETED CONFLICT OF INTEREST DISCLSOURE QUESTIONNAIRES ARE ROUTED TO THE EMPLOYEE'S SENIOR LEADER FOR RESOLUTION. AFTER THE SENIOR LEADER'S REVEIW, A DETERMINATION IS MADE AS TO WHETHER A CONFLICT OF INTREST EXISTS AND AT WHAT LEVEL. CONFLICTS THAT ARE DETERMINED TO BE A VIOLATION OF UNIVERSITY POLICY ARE DISCUSSED WITH THE EMPLOYEE AND THE EMPLOYEE IS ADVISED TO TERMINATE THE ACTIVITY. EMPLOYEES WHO WILLINGLY OR OTHERWISE CONTINUE TO VIOLATE THE CONFLICT OF INTERST AND COMMITMENT POLICY ARE SUBJECT TO DISCIPLINARY ACTION UP TO AND INCLUDING TERMINATION OF EMPLOYMENT. IN THE CASE OF TRUSTEES, A CONFLICT OF INTEREST DISCLOSURE QUESTIONNAIRE IS MAILED TO EACH TRUSTEE ANNUALLY. TRUESTEES ARE REQUIRED TO COMPLETE THE QUESTIONNAIRE AND DISCLOSE ANY INTRESTS IN ANY CORPORATION, PARTNERSHIP, OR OTHER ORGANIZATION IN WHICH THEY OWN OR CONTROL 5% OR MORE OF THE ENTITY. COMPLETED TRUSTEE CONFLICT OF INTEREST DISCLOSURE QUSTIONNAIRS ARE SUBMITTED DIRECTLY TO THE OFFICE OF THE GENERAL COUNSEL FOR REVIEW AND RESOLUTION. FORM 990, PART VI, SECTION B, LINE 15 ACADEMY CEO COMPENSATION IS DETERMINED BY THE ACADEMY BOARD CHAIR AND DREXEL UNIVERSITY PRESIDENT, IN CONSULTATION WITH THE UNIVERSITY'S HUMAN RESOURCES DEPARTMENT, USING DATA ON THE COMPENSATION OF OTHER NON-PROFIT CEOS IN THE REGION TO RECOMMEND AN APPROPRIATE SALARY RANGE. COMPENSATION SPECIALIST(S) REVIEWED ALL POSITIONS AT THE ACADEMY AND RECOMMENDED A COMPENSATION STRUCTURE BASED ON JOB CLASS, INDUSTRY SECTOR, AND GEOGRAPHIC REGION. INDIVIDUAL COMPENSATION LEVELS ARE ESTABLISHED WITHIN THE RANGE FOR THE GIVEN POSITION BASED ON THE EXPERIENCE AND YEARS OF SERVICE. FORM 990, PART VI, SECTION C, LINE 19 THROUGH THE ACADEMY'S PUBLIC WEBSITE THE PUBLIC MAY REQUEST AND PRINT THE ACADEMY'S BY-LAWS, ARTICLES OF INCORPORATION, FORM 990, CODE OF ETHICS AND CONDUCT AND THE CURRENT AUDIT FINANCIAL STATEMENTS. THE ACADEMY WILL ALSO RESPOND TO WRITTEN REQUESTS AS WELL AS PHONE REQUESTS FOR INFORMATION FOR THOSE WITHOUT COMPUTER ACCESS. THE ACADEMY'S 990 ALSO APPEARS ON INDEPENDENT NON-PROFIT WEBSITES LIKE GUIDESTAR AND CHARITY NAVIGATOR. FORM 990, PART XII, LINE 2C: THE ACADEMY'S FINANCE COMMITTEE REVIEWS THE AUDITED FINANCIAL STATEMENTS FOR THE ACADEMY OF NATURAL SCIENCES. THE TASK OF SELECTING THE INDEPENDENT AUDITOR AND APPROVING THE AUDIT PLAN, FOR THE UNIVERSITY AND ITS SUBSIDIARIES, IS THE RESPONSIBILITY OF DREXEL UNIVERSITY'S AUDIT COMMITTEE. DREXEL UNIVERSITY 3201 ARCH STREET SUITE 400 PHILADELPHIA PA 19104 231352630 EDUCATIONAL INSTITUTION PA 501(C)3 2 N/A 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0