2022-11-01T17:27:34-05:00 2021-12-31 HAN GROUP LLC 1020 19TH STREET NW SUITE 800 WASHINGTON DC 20036 990 2021-01-01 861153859 THE BIOMIMICRY INSTITUTE BIOM 4158001401 PO BOX 9216 MISSOULA MT 59807 BETH RATTNER EXECUTIVE DIRECTOR 4158001401 2022-10-30 1 BETH RATTNER XXX-XX-XXXX JENNIFER S HAN P00633304 2022937000 2022-10-30 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z BETH RATTNER PO BOX 9216 MISSOULA MT 59807 2006526 0 X WWW.BIOMIMICRY.ORG X 2005 MT THE PURPOSES OF THIS CORPORATION SHALL BE TO NATURALIZE BIOMIMICRY IN THE CULTURE BY PROMOTING THE TRANSFER OF IDEAS, DESIGNS, AND STRATEGIES FROM BIOLOGY TO SUSTAINABLE HUMAN SYSTEMS DESIGN. 10 10 15 80 0 0 1873028 1885407 107710 116700 8168 4419 0 0 1988906 2006526 65548 31398 0 0 956230 1208868 0 0 174288 659639 952852 1681417 2193118 307489 -186592 2169536 1924122 593835 535013 1575701 1389109 X THE PURPOSES OF THIS CORPORATION SHALL BE TO NATURALIZE BIOMIMICRY IN THE CULTURE BY PROMOTING THE TRANSFER OF IDEAS, DESIGNS, AND STRATEGIES FROM BIOLOGY TO SUSTAINABLE HUMAN SYSTEMS DESIGN. ABOUT BIOMIMICRY: EFFORTS TO ADDRESS CLIMATE CHANGE, CONSUMPTION, POLLUTION, DEFORESTATION, AND THE MYRIAD OF OTHER ISSUES THAT THREATEN THE PLANET HAVE TO DATE BEEN PRIMARILY REACTIVE AND WHOLLY INSUFFICIENT. THE STRATEGIES WE RELIED ON TO PROVIDE FOOD, WATER, ENERGY, SHELTER, AND COMFORT TO A GROWING POPULATION ARE NOW SEEN AS COMPOUNDING RATHER THAN SOLVING THE PROBLEMS. BIOMIMICRY IS A NEW SCIENCE THAT STUDIES NATURE'S BEST IDEAS, ABSTRACTS THE DEEP DESIGN PRINCIPLES, AND THEN EMULATES THESE DESIGNS AND PROCESSES TO SOLVE HUMAN PROBLEMS. THE BIOMIMICRY INSTITUTE IS THE FOREMOST AUTHORITY AND ALL AROUND GO-TO PLACE FOR BIOMIMICRY INFORMATION, THROUGH ITS THREE MAIN PROGRAMS: BIOMIMICRY DESIGN CHALLENGES & EDUCATION PROGRAMS, ENTREPRENEURSHIP PROGRAM, AND ASKNATURE. 0 0 574584 0 21511 ASKNATURE AND ASKNATURE SOLUTIONS RESEARCH:AS THE LARGEST OPEN-ACCESS DATABASE FOR INNOVATORS TO FIND BIOLOGICAL MODELS FOR DESIGN GUIDANCE, ASKNATURE IS MISSION-CRITICAL FOR OUR WORK. STUDENTS USE ASKNATURE WHEN THEY FIRST LEARN DESIGN AND ENGINEERING SKILLS IN OUR PROGRAMS AND CONTINUE TO USE IT AS THEY ADVANCE THROUGH UNIVERSITY AND BECOME INNOVATORS. OUR AIM IS TO HAVE NATURE-INSPIRED DESIGN BECOME STANDARD PRACTICE, WITH ASKNATURE AS A PRIMARY TOOL. WE CURRENTLY HAVE MORE THAN 1,700 ARTICLES DESCRIBING BIOLOGICAL STRATEGIES (A CHARACTERISTIC, MECHANISM, OR PROCESS THAT PERFORMS A FUNCTION FOR AN ORGANISM OR OTHER TYPE OF LIVING SYSTEM), 220 ABOUT INNOVATIONS (STORIES BEHIND REALIZED AND CONCEPTUAL PRODUCTS, SERVICES, AND SYSTEM COMPONENTS THAT ARE INSPIRED BY BIOLOGY), AND 70 INDEXED RESOURCES SPECIFICALLY DESIGNED FOR EDUCATORS. ASKNATURE IS THE WORLD'S GO-TO AND LARGEST OPEN-ACCESS SOURCE OF BIOMIMICRY EDUCATION RESOURCES FOR PRIMARY, SECONDARY, POST-SECONDARY, AND PROFESSIONAL AUDIENCES. IN 2021 WE IMPROVED FUNCTIONALITY AND ADDED OR UPDATED HUNDREDS OF PAGES OF CONTENT TO THIS SERVICE.IN 2021, APPROXIMATELY 690,000 PEOPLE VISITED THE SITE FOR 966,000 SESSIONS AND ACCESSED FREE RESOURCES AND CONTENT (IN 2020 THERE WERE 638,000 VISITORS OVER 876,000 SESSIONS). OUR USERS COME FROM 229 COUNTRIES AND A WIDE VARIETY OF SECTORS INCLUDING EDUCATION, ARCHITECTURE, DESIGN, ENGINEERING, BIOTECHNOLOGY, ENVIRONMENT, LAND USE, HEALTH, TRANSPORTATION, ENERGY, FASHION, GOVERNMENT, NON-PROFITS, AND MEDIA. THE YEAR SAW THE LAUNCH OF OUR REDESIGNED WEBSITE, WHICH HAS PUT A NEW EMPHASIS ON CREATING DEEPER CONTENT IN ACCESSIBLE, JARGON-FREE LANGUAGE, AND MORE CONTEXTUALIZING CONTENT TO BRING THE LESSONS OF BIOMIMICRY TO A WIDER AUDIENCE. IT HAS ALSO INVOLVED DEI TRAINING AND TRAINING TO APPROPRIATELY AND MEANINGFULLY ENGAGE WITH INDIGENOUS COMMUNITIES WHO WISH TO WORK WITH ASKNATURE IN ANY MANNER. 502074 5198 93189 YOUTH EDUCATION AND DESIGN CHALLENGES PROGRAMS:- YOUTH DESIGN CHALLENGETHE BIOMIMICRY YOUTH DESIGN CHALLENGE (YDC) PROVIDES A FRAMEWORK FOR MIDDLE AND HIGH SCHOOL STUDENTS TO LEARN STEM AND ENVIRONMENTAL SCIENCE USING BIOMIMICRY AND A PROJECT-BASED EXPERIENCE. THROUGH 25 PHASES OF ACTIVITY, THE CURRICULUM AND DESIGN CHALLENGE ALLOWS STUDENTS TO AUTHENTICALLY CONNECT BIOLOGY, ENGINEERING, AND SCIENCE FOR SUSTAINABLE DESIGN SOLUTIONS TO TODAY'S CHALLENGES.IN 2021, 295 EDUCATORS REGISTERED, FROM 46 STATES AND 34 DIFFERENT COUNTRIES, ACCESSING TEACHER MATERIALS. THE REGISTRATION REQUIREMENT TO PREVIEW AND USE THE PROGRAM CURRICULUM HAD BEEN LIFTED FOR THIS YEAR. THE RESULT WAS MORE PROJECTS SUBMITTED (AS 29% INCREASE FROM 2020). THE REGISTERED EDUCATORS REPRESENTED 12,600 STUDENTS. OUR PROGRAM EVALUATION OF STUDENTS FOUND THAT THE YDC HAD A POSITIVE IMPACT ON UNDERSTANDING OF BIOMIMICRY (97%). OUR PROGRAM EVALUATION OF TEACHERS / COACHES FOUND THAT THE YDC HAD A POSITIVE IMPACT ON UNDERSTANDING BIOMIMICRY (98%).- BIOMIMICRY GLOBAL DESIGN CHALLENGETHE BIOMIMICRY GLOBAL DESIGN CHALLENGE PROVIDES AN OPPORTUNITY FOR UNIVERSITY STUDENTS AND YOUNG PROFESSIONALS TO GAIN HANDS-ON EXPERIENCE WITH BIOMIMICRY-TO DO DESIGN, NOT JUST STUDY IT. THROUGH FREE RESOURCES SUCH AS THE BIOMIMICRY TOOLBOX, WEBINARS, DESIGN BRIEFS, AND MENTORSHIP, TEAMS LEARN AND PRACTICE THE FUNDAMENTALS OF BIOMIMICRY AND CREATE BIO-INSPIRED SOLUTIONS ALIGNED WITH NATURE AND THE UN'S SUSTAINABLE DEVELOPMENT GOALS. IN 2021, THE 92 TEAMS FROM 25 COUNTRIES SUBMITTED PROJECTS TO THE CHALLENGE. 12 FINALISTS WERE SELECTED AND WERE THEN INVITED TO PARTICIPATE IN THE BIOMIMICRY LAUNCHPAD.THE 2021 BIOMIMICRY GLOBAL DESIGN CHALLENGE WAS THE FINAL ITERATION OF THIS PROGRAM. AFTER A SUCCESSFUL 6 YEAR PERIOD, THE BIOMIMICRY INSTITUTE DETERMINED THAT THIS PROGRAM WOULD COME TO CLOSE IN ORDER TO BETTER ALIGN WITH YOUTH EDUCATION AND INNOVATION INITIATIVES. ALL MATERIALS CREATED FOR THE CHALLENGE ARE READILY AVAILABLE VIA THE BIOMIMICRY TOOLBOX OR ASKNATURE. 317902 5500 2000 INNOVATION:- BIOMIMICRY LAUNCHPADTHE BIOMIMICRY LAUNCHPAD PROVIDES TRAINING, CONNECTIONS, AND RESOURCES FOR NATURE-INSPIRED SCIENTISTS AND INNOVATORS WHO OTHERWISE WOULDN'T HAVE THOUGHT ABOUT COMMERCIALIZING THEIR WORK. THE LAUNCHPAD EQUIPS NATURE-INSPIRED SCIENTISTS, DESIGNERS, AND RESEARCHERS WITH THE SKILLS AND TOOLS THEY NEED TO TURN THEIR WORK INTO SCALABLE STARTUPS.IN 2021, THE BIOMIMICRY GLOBAL DESIGN CHALLENGE FINALISTS WERE INVITED TO JOIN THE BIOMIMICRY LAUNCHPAD, WHERE THEY CONTINUE TO DEVELOP THEIR DESIGNS AND BUSINESS MODELS. THE BIOMIMICRY LAUNCHPAD HAD A COHORT OF 12 TEAMS, WITH 56 PARTICIPANTS FROM 7 COUNTRIES. THE PROGRAM CONSISTED OF A 10-WEEK VIRTUAL PROGRAM THAT COMBINED THE THREE ESSENTIAL ELEMENTS OF BIOMIMICRY WITH STARTUP BASICS TRAINING. TEAMS FROM DIVERSE BACKGROUNDS AND SECTORS TACKLED A RANGE OF ISSUES, INCLUDING URBAN FLOODING, WATER ACCESS, AND EXCESSIVE HEAT MITIGATION. ALL OF THE TEAMS ADDRESSED ONE OR MORE OF THE UNITED NATIONS SUSTAINABLE DEVELOPMENT GOALS (SDGS) IN THEIR PURSUIT OF CREATING POSITIVE CHANGE. THEY VALUED LEARNING ENTREPRENEURIAL SKILLS SUCH AS CUSTOMER DISCOVERY, TESTING ASSUMPTIONS, DEVELOPING VALUE PROPOSITIONS, AND HOW TO BUILD A STRONG AND DIVERSE TEAM. IN ADDITION, THIS YEAR'S PARTICIPANTS LEARNED HOW TO APPLY BIOMIMICRY'S SUSTAINABILITY ETHOS TO ALL ASPECTS OF THEIR PROJECT. DUE TO THE COVID-19 PANDEMIC, SCHEDULED IN-PERSON TRIPS WERE CANCELED AND REPLACED BY LOCALIZED NATURE-IMMERSION ACTIVITIES AND VIRTUAL WORKSHOPS.- RAY OF HOPE PRIZETHE RAY OF HOPE PRIZE CELEBRATES AND ACCELERATES NATURE-INSPIRED SOLUTIONS ADDRESSING THE WORLD'S ENVIRONMENTAL AND SUSTAINABILITY CHALLENGES. THIS $100,000 PRIZE SPARKS THE NEXT GENERATION OF BUSINESSES THAT WILL LEAD US TO A CIRCULAR AND REGENERATIVE FUTURE. THE 2021 AWARD RECIPIENT WAS SPINTEX ENGINEERING, FROM OXFORD, ENGLAND. SPINTEX ARTIFICIALLY SPINS THE HIGHEST PERFORMANCE SILK FIBERS AVAILABLE, THROUGH A SPIDER INSPIRED PROCESS. THE PROCESS IS 1000X MORE ENERGY EFFICIENT THAN SYNTHETIC PLASTIC FIBERS, AND USES NO HAZARDOUS CHEMICALS WITH WATER AS THEIR ONLY BY-PRODUCT. AQUAMMODATE, FROM GOTHENBURG, SWEDEN, A BIOTECH STARTUP THAT SEPARATES RAW MATERIALS SUCH AS LITHIUM FROM WATER, TOOK HOME THE $25,000 RUNNER-UP PRIZE. IN TOTAL, TEN STARTUPS (SELECTED FROM 301 APPLICANTS) PARTICIPATED IN THIS YEAR'S RAY OF HOPE PRIZE PROGRAM, WHICH CONSISTED OF TRAINING ON SUSTAINABLE BUSINESS PRACTICES AND SCIENCE COMMUNICATION SKILLS, IN ADDITION TO ACCESSING A CURATED COMMUNITY OF EXPERT MENTORS, ADVISORS, AND INVESTORS.DUE TO THE COVID-19 PANDEMIC, SCHEDULED IN-PERSON TRIPS WERE CANCELED AND REPLACED BY HIGH-QUALITY VIDEO PRODUCTION ABOUT EACH OF THE PARTICIPATING STARTUPS' TECHNOLOGY, AND HOW IT WAS INSPIRED BY NATURE. THE AWARD CEREMONY WAS HELD VIRTUALLY AT GREENBIZ'S CIRCULARITY CONFERENCE. 360730 20700 SYSTEM CHANGE:- DESIGN FOR DECOMPOSITION (D4D)THIS YEAR WE INITIATED A NEW SYSTEMS CHANGE PROGRAM TO CONTINUE BUILDING ON THE INTEREST GENERATED BY OUR THE NATURE OF FASHION REPORT (2020). THIS PROGRAM LOOKS AT SYSTEM LEVEL CHALLENGES, WITH AN INITIAL FOCUS ON TEXTILE DECOMPOSITION AND HOW WE CAN DESIGN SYSTEMS THAT ULTIMATELY SUPPORT THE SAFE BREAK DOWN AND BUILD UP OF MATERIALS. IN 2021, THE D4D INITIATIVE RECRUITED AND SIGNED MOU'S WITH TWO US PARTNERS, CELERY DESIGN AND THE YALE CENTER FOR GREEN CHEMISTRY, AND FOUR INTERNATIONAL PARTNERS: METABOLIC INSTITUTE (THE NETHERLANDS), THE OR FOUNDATION (GHANA), HKRITA (HONG KONG), AND THE UNIVERSITY OF GHANA LEGON. WITH THESE PARTNERS ON BOARD, WE SECURED FUNDING FROM THE LAUDES FOUNDATION TO BEGIN THE WORK.THE D4D INITIATIVE HAS FOUR PRIMARY ELEMENTS: A PHYSICAL PILOT IN WESTERN EUROPE, A PHYSICAL PILOT IN ACCRA, GHANA; GAINING A DEEP UNDERSTANDING OF BIOLOGICAL AND ABIOTIC DEGRADATION AND HOW WE CAN BETTER TEST AND DESIGN FOR DEGRADATION; AND A NARRATIVE COMPONENT. AS PART OF BOTH PHYSICAL PILOTS, WE BEGAN IDENTIFYING DOZENS OF TECHNOLOGIES THAT COULD BREAK DOWN TEXTILES AND GENERATE BIOCOMPATIBLE PRODUCTS OF VALUE, SUCH AS GLUCOSE OR SOIL AMENDMENTS. IN PARTNERSHIP WITH THE UNIVERSITY OF GHANA, WE BEGAN ECOLOGICAL MONITORING OF SEVERAL SITES IN ACCRA THAT ARE SUBJECT TO TEXTILE AND OTHER WASTE. WE ALSO CONDUCTED A BIOLOGICAL LITERATURE REVIEW TO DEEPLY UNDERSTAND NATURAL DECOMPOSITION, AND PARTNERED WITH THE YALE CENTER FOR GREEN CHEMISTRY TO CONDUCT ANOTHER LITERATURE REVIEW ON BIODEGRADATION SCIENCE AND TESTING. 360730 20700 1755290 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 55 0 1 15 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA NY X X X THE ORGANIZATION 4158001401 PO BOX 9216 MISSOULA MT 59807 LAUREN BIRNEY PRESIDENT 2.00 X X 0 0 0 ANGELA NAHIKIAN VICE PRESIDENT 2.00 X X 0 0 0 KENT SNYDER TREASURER 2.00 X X 0 0 0 JIM BUNCH SECRETARY 2.00 X X 0 0 0 LISA GAUTIER BOARD OF DIRECTOR 1.00 X 0 0 0 ERIN ROVALO BOARD OF DIRECTOR 1.00 X 0 0 0 BILLY ALMON BOARD OF DIRECTOR 1.00 X 0 0 0 DIMITRI DEHEYN BOARD OF DIRECTOR 1.00 X 0 0 0 DANIELA PIGOSSO BOARD OF DIRECTOR 1.00 X 0 0 0 EVELYN ERICKSON BOARD OF DIRECTOR 1.00 X 0 0 0 BETH RATTNER EXECUTIVE DIRECTOR 40.00 X 165161 0 15060 ANDREW HOWLEY ASKNATURE CHIEF EDITOR 40.00 X 102484 0 6790 267645 0 21850 2 0 1 0 0 50000 1835407 1885407 CONSULTING 611600 75450 75450 WORKSHOPS 611600 33200 33200 PRG APPLICATION FEES 611600 4790 4790 ONLINE EDUCATION 611600 3260 3260 116700 4419 4419 2006526 116700 0 4419 X 25898 25898 2000 2000 3500 3500 180221 144160 24296 11765 797215 637879 107282 52054 20474 16377 2760 1337 130122 104085 17542 8495 80836 64661 10898 5277 2221 2221 22316 22316 3879 3879 685511 579432 16470 89609 59650 47714 8042 3894 22950 15022 7171 757 48555 48515 40 4444 4344 16 84 8685 8685 47792 42709 5083 5846 4676 788 382 DUES/FEES/SUBSCRIPTIONS 30388 5633 24121 634 CURRENCY TRANSLATION LO 10615 10615 2193118 1755290 263540 174288 205423 95281 908461 1174630 895932 494277 2862 4103 17341 14307 201654 60130 8827 141524 130690 0 2169536 1924122 137145 169820 456690 365193 593835 535013 X 705701 912510 870000 476599 1575701 1389109 2169536 1924122 -186592 0 X X 0 1 X 1 0 X 931385 1138020 1752504 1873028 1885407 7580344 931385 1138020 1752504 1873028 1885407 7580344 5434542 2145802 3938 5987 12519 8168 4419 35031 123 123 7615498 571368 0.28180 0.28720 X THE ORGANIZATION MEETS THE 'FACTS AND CIRCUMSTANCES' TEST FOR THE FOLLOWING REASONS: (1) TBI HAS AN ABSOLUTE MINIMUM OF 10% PUBLIC SUPPORT UNDER THIS TEST, (2) THE CURRENT SUPPORT TEST IS CLOSE TO ONE THIRD OF TOTAL SUPPORT, (3) THE ORGANIZATION'S SUPPORT COMES FROM A BROAD NUMBER OF DONORS, (4) THE ORGANIZATION HAS A GOVERNING BODY THAT IS MORE REPRESENTATIVE OF BROAD PUBLIC INTERESTS, (5) THE ORGANIZATION'S ACTIVITIES DIRECTLY BENEFIT THE PUBLIC, AND (6) A FUNDRAISING PROGRAM IS IN PLACE THAT GENERATES BROAD PUBLIC SUPPORT. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24226 17421 6805 177428 42709 134719 141524 X 2088074 81548 81548 2006526 0 2006526 2274666 81548 81548 2193118 0 2193118 PART X, LINE 2: THE INSTITUTE FOLLOWS THE AUTHORITATIVE GUIDANCE RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES INCLUDED IN ACCOUNTING STANDARDS CODIFICATION TOPIC 740-10, INCOME TAXES. THESE PROVISIONS PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT IS THE INSTITUTE'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSES. THE INSTITUTE PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED DECEMBER 31, 2021 AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. THE STATUTE OF LIMITATIONS GENERALLY REMAINS OPEN FOR THREE TAX YEARS WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE INSTITUTE FILES TAX RETURNS. 1 YALE SCHOOL OF THE ENVIRONMENT YALE UNIVERSITY 195 PROSPECT STREET NEW HAVEN CT 06511 060646973 501(C)(3) 20700 0 GIFT TO SCHOOL FOR THEIR GREEN CHEMISTRY AND GREEN ENGINEERING PROGRAM NETWORK FOR GOOD 1140 CONNECTICUT AVENUE NW 700 WASHINGTON DC 20036 680480736 501(C)(3) 5198 0 GIFT TO NON-PROFIT ORGANIZATIONS ON BEHALF OF THE WINNERS OF OUR YOUTH DESIGN CHALLENGE PROGRAM 2 2 PART I, LINE 2: THE GUIDELINES FOR DESIGN SUBMISSION AND RULES THAT OVERSEE THE YOUTH DESIGN CHALLENGE AND AWARD PROCESS ARE POSTED ON OUR CHALLENGE WEBSITE, YOUTHCHALLENGE.BIOMIMICRY.ORG. THE PRIZE AWARDS ARE DISTRIBUTED AT THE END OF THE CHALLENGE AND AS THEY ARE TRUE PRIZES, NO MONITORING OF FUNDS IS REQUIRED. HOWEVER, OUR GUIDELINES ON THE FRONT END OF THE CHALLENGE DICTATE HOW THE DESIGNS ARE JUDGED AND THE SELECTION CRITERIA WE USE TO DETERMINE THE PRIZE AWARD WINNERS. FOR MONITORING THE USE OF GENERAL GRANT FUNDS, WE AS A MATTER OF PRACTICE, REQUIRE A SIGNED AGREEMENT WHICH OUTLINES THE CONDITIONS OF THE GRANT REQUIRING EACH RECIPIENT TO SUBMIT A FINAL PROJECT REPORT INCLUDING A NARRATIVE OF PROGRAMMATIC ACTIVITIES AND CORRESPONDING PROJECT FINANCIAL ACTIVITIES AS WELL AS AN ITEMIZATION OF EXPENSED FUNDS. X X 0 0 0 0 0 0 0 0 0 BETH RATTNER EXECUTIVE DIRECTOR 165161 0 0 0 0 0 6630 0 8430 0 180221 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FOLLOWING IS THE OFFICIAL BIOMIMICRY INSTITUTE 990 POLICY INCLUDED AS PART OF ITS BOARD OF DIRECTORS' GOVERNANCE POLICIES: THE BIOMIMICRY INSTITUTE RECOGNIZES THAT THE BOARD OF DIRECTORS HAS THE RIGHT TO REVIEW THE FORM 990 PRIOR TO ITS FILING. PROCEDURE IS AS FOLLOWS: A. THE BIOMIMICRY'S SENIOR MANAGEMENT IS RESPONSIBLE FOR THE TIMELY PREPARATION OF FORM 990. B. THE COMPLETED FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS SUFFICIENTLY IN ADVANCE OF THE FILING DEADLINE TO ENABLE A COMPREHENSIVE AND CAREFUL REVIEW BY ALL MEMBERS OF THE COMMITTEE. QUESTIONS AND CONCERNS OF THE FINANCE COMMITTEE MEMBERS ARE ADDRESSED BY THE BIOMIMICRY INSTITUTE'S FINANCIAL OFFICER AND INCORPORATED INTO THE FORM 990 AS APPROPRIATE. C. ALL MEMBERS OF THE BOARD OF DIRECTORS ARE INVITED TO VIEW THE COMPLETED FORM 990 IN ADVANCE OF THE FILING DEADLINE. QUESTIONS AND CONCERNS OF THE BOARD ARE ADDRESSED BY THE BIOMIMICRY INSTITUTE'S FINANCIAL OFFICER AND INCORPORATED INTO THE FORM 990 AS APPROPRIATE. D. AFTER ALL OF THE INPUT FROM THE BOARD OF DIRECTORS AND FINANCE COMMITTEE HAS BEEN APPROPRIATELY ADDRESSED, SENIOR MANAGEMENT OF THE BIOMIMICRY INSTITUTE FILES THE FINAL FORM 990 AS REQUIRED. FORM 990, PART VI, SECTION B, LINE 12C ACCORDING TO THE BIOMIMICRY INSTITUTE'S (TBI) CONFLICT OF INTEREST POLICY EACH DIRECTOR, PRINCIPAL, OFFICER AND MEMBER OF THE COMMITTEE WITH GOVERNING BOARD-DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; B. HAS READ AND UNDERSTANDS THE POLICY; C. HAS AGREED TO COMPLY WITH THE POLICY; AND D. UNDERSTANDS TBI IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. IN ADDITION, OUR POLICY CALLS FOR PERIODIC REVIEWS TO ENSURE TBI OPERATES IN A MANNER CONSISTENT WITH ITS CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: A. WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING; B. WHETHER PARTNERSHIPS, JOINT VENTURES, AND REASONABLE INVESTMENT OF PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS CONDUCTS AN ANNUAL REVIEW OF TOTAL COMPENSATION AND BENEFITS FOR ALL OFFICERS AND KEY EMPLOYEES. PART OF THE REVIEW IS TO DETERMINE WHICH EMPLOYEES ARE OFFICERS OR KEY EMPLOYEES. THE REVIEW IS BASED ON COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE BOARD ALSO DOCUMENTS ITS DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT AND AS TO ANY CHANGES TO BE IMPLEMENTED IN COMPENSATION OR BENEFITS FOR THE DESIGNATED PERSONS. FORM 990, PART VI, SECTION C, LINE 19 THE 990, GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THEY ARE ALSO AVAILABLE THROUGH THIRD PARTY SITES SUCH AS GUIDESTAR. THE 990 AND AUDITED FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON OUR WEBSITE. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 579,432. MANAGEMENT AND GENERAL EXPENSES 16,470. FUNDRAISING EXPENSES 89,609. TOTAL EXPENSES 685,511. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.