PARKER INSTITUTE FOR CANCER IMMUNOTHERAPY: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- PARKER INSTITUTE FOR CANCER IMMUNOTHERAPY (EIN 47-3355381)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-10
- IRS object ID
- 202213149349305531
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-10T13:56:39-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PricewaterhouseCoopers LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 655 NEW YORK AVENUE NW STE 1100 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 473355381 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PARKER INSTITUTE FOR CANCER IMMUNOTHERAPY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % SARA COBLIN | InCareOfNm |
| Business Name Control | PARK | BusinessNameControlTxt |
| Phone | 4159304386 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 LETTERMAN DRIVE D3500 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94129 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL POLANSKY | PersonNm |
| Person Title | EXEC. VP | PersonTitleTxt |
| Phone | 4159304386 | PhoneNum |
| Signature | 2022-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MICHAEL | PersonFirstNm |
| Person Last | POLANSKY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TRAVIS PATTON | PreparerPersonNm |
| PTIN | P00369623 | PTIN |
| Phone | 6464713000 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | UTE DUGAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 LETTERMAN DRIVE D3500 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94129 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $170,996,190 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PARKERICI.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2015 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | SEE SCHEDULE O | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 16 | VotingMembersIndependentCnt |
| Total Employee | 113 | TotalEmployeeCnt |
| Total Volunteers | 18 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $54,173,409 | PYContributionsGrantsAmt |
| CY Contributions Grants | $160,955,548 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $10,178,848 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $9,757,426 | CYProgramServiceRevenueAmt |
| PY Investment Income | $114,246 | PYInvestmentIncomeAmt |
| CY Investment Income | $94,889 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,560,610 | PYOtherRevenueAmt |
| CY Other Revenue | $188,327 | CYOtherRevenueAmt |
| PY Total Revenue | $66,027,113 | PYTotalRevenueAmt |
| CY Total Revenue | $170,996,190 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $26,340,166 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $9,050,381 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $18,418,734 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $20,104,846 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $51,000 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $245,997 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $25,045,856 | PYOtherExpensesAmt |
| CY Other Expenses | $23,487,994 | CYOtherExpensesAmt |
| PY Total Expenses | $69,855,756 | PYTotalExpensesAmt |
| CY Total Expenses | $52,643,221 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$3,828,643 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $118,352,969 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $152,630,223 | TotalAssetsBOYAmt |
| Total Assets EOY | $380,437,987 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $7,859,800 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $52,905,586 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $144,770,423 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $327,532,401 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO ACCELERATE THE DEVELOPMENT OF BREAKTHROUGH IMMUNOTHERAPIES TO TURN ALL CANCERS INTO CURABLE DISEASES BY SUPPORTING AND ACTIVELY ENGAGING IN THE CONDUCT OF MEDICAL RESEARCH IN CONJUNCTION WITH ITS CONSORTIUM OF PREEMINENT HOSPITALS AND ACADEMIC RESEARCH CENTERS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $41,567,339 | ExpenseAmt |
| Grant | $9,050,381 | GrantAmt |
| Revenue | $9,757,426 | RevenueAmt |
| Desc | PICI ENCOURAGES ADVANCES IN CANCER IMMUNOTHERAPY RESEARCH, COLLABORATION, AND DISCOVERY, AND THE TRANSLATION OF THESE ADVANCES INTO CURES AND TREATMENTS FOR THE BENEFIT OF PATIENTS. TO DO THIS, PICI CONDUCTS ITS OWN RESEARCH AND CLINICAL TRIALS AND PROVIDES ITS CONSORTIUM OF PREEMINENT HOSPITALS AND ACADEMIC RESEARCH CENTERS WITH SHARED RESEARCH RESOURCES, SUCH AS SCIENTIFIC EQUIPMENT, CONSUMABLES, BIOINFORMATICS ANALYSIS, AND A SPECIMEN BIOBANK. PICI ALSO FUNDS AND OTHERWISE SUPPORTS CANCER IMMUNOTHERAPY RESEARCH WITHIN ITS CONSORTIUM. | Desc |
| Total Program Service Expenses | $41,567,339 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (true) | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 42 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 113 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 16 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SARA COBLIN | PersonNm |
| Phone | 4159857311 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 LETTERMAN DRIVE SUITE D3500 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94129 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Key EmployeeKeyEmployeeInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|---|---|
| UTE DUGAN MD | |||||||||
| CHIEF MEDICAL OFFICER | 40.0 | 0.0 | Yes (X) | $750,812 | $0 | $40,628 | |||
| JOHN CONNOLLY PHD | |||||||||
| CHIEF SCIENTIFIC OFFICER | 40.0 | 0.0 | Yes (X) | $727,762 | $0 | $10,546 | |||
| THERESA LAVALLE | |||||||||
| VP TRANSLATIONAL MEDICINE & RE | 40.0 | 0.0 | $565,786 | $0 | $44,578 | Yes (X) | |||
| MELINDA GRIFFITH | |||||||||
| CHIEF LEGAL COUNSEL | 40.0 | 0.0 | $520,279 | $0 | $22,561 | Yes (X) | |||
| RAMY IBRAHIM MD | |||||||||
| DIRECTOR & FORMER CMO | 40.0 | 0.0 | $538,067 | $0 | $1,212 | Yes (X) | |||
| LISA BUTTERFIELD | |||||||||
| VP RESEARCH & DEVELOPMENT | 40.0 | 0.0 | $428,440 | $0 | $22,746 | Yes (X) | |||
| JUSTIN FAIRCHILD | |||||||||
| VP CLINICAL DEVELOPMENT | 40.0 | 0.0 | $401,460 | $0 | $40,628 | Yes (X) | |||
| FREDERIC PLA PHD | |||||||||
| COO THROUGH 4/15/21 | 40.0 | 0.0 | Yes (X) | $377,316 | $0 | $9,009 | |||
| MARKO SPASIC | |||||||||
| SENIOR MEDICAL DIRECTOR | 40.0 | 0.0 | $363,124 | $0 | $10,787 | Yes (X) | |||
| SARA COBLIN | |||||||||
| SR VP FINANCE AS OF 6/1/21 | 40.0 | 0.0 | Yes (X) | $284,233 | $0 | $14,469 | |||
| SEAN N PARKER | |||||||||
| CHAIR OF THE BOARD & DIRECTOR | 12.0 | 6.0 | $0 | $0 | $0 | Yes (X) | Yes (X) | ||
| MICHAEL POLANSKY | |||||||||
| EXECUTIVE VP & DIRECTOR | 10.0 | 6.0 | $0 | $0 | $0 | Yes (X) | Yes (X) | ||
| TOM VAN LOBEN SELS | |||||||||
| TREASURER & DIRECTOR | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | Yes (X) | ||
| JEFFREY A BLUESTONE PHD | |||||||||
| VICE CHAIR & DIRECTOR | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| TONY COLES MD | |||||||||
| DIRECTOR | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| ERIC ESRAILIAN MD MPH | |||||||||
| DIRECTOR | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| SCOTT GOTTLIEB MD | |||||||||
| DIRECTOR | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| BEN HOROWITZ | |||||||||
| DIRECTOR | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| JEFF HUBER | |||||||||
| DIRECTOR | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| BOB HUGIN | |||||||||
| DIRECTOR | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| REED JOBS | |||||||||
| DIRECTOR | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| JOEL MARCUS | |||||||||
| DIRECTOR | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| BOB NELSEN | |||||||||
| DIRECTOR | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| BRUCE PARKER PHD | |||||||||
| DIRECTOR | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| BOB PITTMAN | |||||||||
| DIRECTOR | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| SUSAN DAWSON | |||||||||
| SECRETARY | 10.0 | 5.0 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,957,279 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $217,164 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 71 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ROSEWOOD MIRAMAR RESORT | |||||
| 1759 SOUTH JAMESON LANE | MONTECITO | CA | 93108 | CONFERENCE FACILITIE | $1,637,706 |
| XCANCER LLC | |||||
| 17607 GOLD PLAZA ACCOUNT RECEIVABLE | OMAHA | NE | 68130 | BIOBANKING & SAMPLE | $1,209,238 |
| ARIS CLINICAL INC | |||||
| 369B 3RD STREET 231 | SAN RAFAEL | CA | 94901 | CLINICAL TRIAL MONIT | $686,955 |
| AZENTA-BROOKS LIFE SCIENCES | |||||
| FORTUNE CIRCLE WEST SUITE E | INDIANAPOLIS | IN | 46241 | BIOSTORAGE & SAMPLE | $591,720 |
| SPENCER STUART | |||||
| PO BOX 98991 | CHICAGO | IL | 60693 | RECRUITING | $594,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 21 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $160,955,548 | AllOtherContributionsAmt |
| Noncash Contributions | $9,865,548 | NoncashContributionsAmt |
| Total Contributions | $160,955,548 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RESEARCH STUDY SPONSORSHIP | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $9,757,426 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,757,426 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $9,757,426 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $94,889 | TotalRevenueColumnAmt |
| Exclusion | $94,889 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $188,327 | TotalRevenueColumnAmt |
| Exclusion | $188,327 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $170,996,190 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,757,426 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $283,216 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,050,381 | TotalAmt |
| Program Services | $9,050,381 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,754,056 | TotalAmt |
| Program Services | $2,069,028 | ProgramServicesAmt |
| Management And General | $685,028 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,707,068 | TotalAmt |
| Program Services | $9,928,769 | ProgramServicesAmt |
| Management And General | $4,681,512 | ManagementAndGeneralAmt |
| Fundraising | $96,787 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $280,078 | TotalAmt |
| Program Services | $210,828 | ProgramServicesAmt |
| Management And General | $64,075 | ManagementAndGeneralAmt |
| Fundraising | $5,175 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,374,326 | TotalAmt |
| Program Services | $969,471 | ProgramServicesAmt |
| Management And General | $392,884 | ManagementAndGeneralAmt |
| Fundraising | $11,971 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $989,318 | TotalAmt |
| Program Services | $705,564 | ProgramServicesAmt |
| Management And General | $277,725 | ManagementAndGeneralAmt |
| Fundraising | $6,029 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,605,522 | TotalAmt |
| Program Services | $2,006,373 | ProgramServicesAmt |
| Management And General | $599,149 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,400 | TotalAmt |
| Management And General | $100,400 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,109,806 | TotalAmt |
| Program Services | $2,454,764 | ProgramServicesAmt |
| Management And General | $1,584,242 | ManagementAndGeneralAmt |
| Fundraising | $70,800 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $172,663 | TotalAmt |
| Program Services | $474 | ProgramServicesAmt |
| Management And General | $171,837 | ManagementAndGeneralAmt |
| Fundraising | $352 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $289,472 | TotalAmt |
| Program Services | $13,861 | ProgramServicesAmt |
| Management And General | $273,544 | ManagementAndGeneralAmt |
| Fundraising | $2,067 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,148,761 | TotalAmt |
| Program Services | $1,800,730 | ProgramServicesAmt |
| Management And General | $348,031 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,342,414 | TotalAmt |
| Program Services | $926,266 | ProgramServicesAmt |
| Management And General | $402,724 | ManagementAndGeneralAmt |
| Fundraising | $13,424 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $326,796 | TotalAmt |
| Program Services | $153,620 | ProgramServicesAmt |
| Management And General | $162,903 | ManagementAndGeneralAmt |
| Fundraising | $10,273 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,282,213 | TotalAmt |
| Program Services | $2,252,421 | ProgramServicesAmt |
| Management And General | $29,792 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,646,243 | TotalAmt |
| Program Services | $1,646,243 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $187,419 | TotalAmt |
| Management And General | $187,419 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| EXT R&D & OTHER CONTRACTS | $7,333,249 | $7,332,459 | $0 | $790 |
| RECRUITING | $855,715 | $0 | $855,715 | $0 |
| DUES & MEMBERSHIPS | $87,321 | $46,087 | $12,905 | $28,329 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,643,221 | TotalAmt |
| Program Services | $41,567,339 | ProgramServicesAmt |
| Management And General | $10,829,885 | ManagementAndGeneralAmt |
| Fundraising | $245,997 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,358,723 | BOYAmt |
| EOY | $8,333,381 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,722,987 | BOYAmt |
| EOY | $169,344,965 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $201,165 | BOYAmt |
| EOY | $1,330,218 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $140,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $901,494 | BOYAmt |
| EOY | $828,130 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $8,706,522 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $7,015,103 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,652,663 | BOYAmt |
| EOY | $1,691,419 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $1,000,000 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,500,000 | BOYAmt |
| EOY | $15,500,000 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,826,574 | BOYAmt |
| EOY | $182,409,874 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $326,617 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $152,630,223 | BOYAmt |
| EOY | $380,437,987 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,859,800 | BOYAmt |
| EOY | $7,905,586 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $7,000,000 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $38,000,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,859,800 | BOYAmt |
| EOY | $52,905,586 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $110,021,679 | BOYAmt |
| EOY | $318,004,204 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,748,744 | BOYAmt |
| EOY | $9,528,197 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $144,770,423 | BOYAmt |
| EOY | $327,532,401 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $152,630,223 | BOYAmt |
| EOY | $380,437,987 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $118,352,969 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $64,248,034 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $626,859 | DonatedServicesAndUseFcltsAmt |
| Prior Period Adjustments | -$1,063,556 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $597,672 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Medical Research Organization | Yes (X) | MedicalResearchOrganizationInd |
Hospital Name And Address HospitalNameAndAddressGrp (8 entries)
| CityCityNm | State AbbreviationStateAbbreviationCd |
|---|---|
| MEMORIAL SLOAN KETTERING CANCER CENTER | |
| NEW YORK | NY |
| UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER | |
| HOUSTON | TX |
| STANFORD MEDICINE | |
| STANFORD | CA |
| UNIVERSITY OF CALIFORNIA LOS ANGELES | |
| LOS ANGELES | CA |
| UNIVERSITY OF CALIFORNIA SAN FRANCISCO | |
| SAN FRANCISCO | CA |
| UNIVERSITY OF PENNSYLVANIA | |
| PHILADELPHIA | PA |
| DANA-FARBER CANCER INSTITUTE | |
| BOSTON | MA |
| ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI | |
| NEW YORK | NY |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| CY Minus3 Yr Endwmt Fund | CYMinus3YrEndwmtFundGrp | |
| CY Minus4 Yr Endwmt Fund | CYMinus4YrEndwmtFundGrp | |
| Land | LandGrp | |
| Buildings | BuildingsGrp |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $720,271 | OtherCostOrOtherBasisAmt |
| Depreciation | $720,271 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,986,251 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,294,833 | DepreciationAmt |
| Book Value | $1,691,419 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildingsGrp | |
| Total Book Value Land Buildings | $1,691,419 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (8 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| IMAGIN-AB (EQUITY INVESTMENT) | $1,004,281 | F |
| TMUNITY (EQUITY INVESTMENT) | $30,000,000 | F |
| LYELL IMMUNOPHARMA,INC(EQUITY) | $84,645,660 | F |
| ARSENAL BIOSCIENCES (EQUITY) | $30,334,108 | F |
| ARSENAL BIOSCIENCES (CON NOTE) | $13,257,000 | F |
| 3T BIOSCIENCES (EQUITY INVEST) | $3,104,167 | F |
| PROJECT 5 (CONVERTIBLE NOTE) | $10,021,370 | F |
| PSIOXUS (CONVERTIBLE NOTE) | $10,043,288 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $182,409,874 | TotalBookValueProgramRltdAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CONDITIONAL CONTRIBUTIONS | Desc |
| Amt | $38,000,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $38,000,000 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $234,494,893 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $64,248,034 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $626,859 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$1,376,190 | OtherRevenueAmt |
| Revenue Not Reported | $63,498,703 | RevenueNotReportedAmt |
| Revenue Subtotal | $170,996,190 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $170,996,190 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $51,732,915 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $51,732,915 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $910,306 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $910,306 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $52,643,221 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | PICI HAS NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES AS OF DECEMBER 31,2021 AND 2020 |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | PRIOR PERIOD ADJUSTMENT - (1,063,557) ADJUSTMENT FOR WRITE OFF OF LOC FOR ORIGINAL RENT - (302,633) OTHER ADJUSTMENT RELATED TO CONTRIBUTIONS RECEIVED - (10,000) |
| PART XII, LINE 4B - OTHER ADJUSTMENTS | GRANTS PAID ADJUSTMENT - 910,306 |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | 0 | 0 | Program Services | RESEARCH SERVICES | $401,661 |
| North America | 0 | 0 | Program Services | SOFTWARE SERVICES | $3,795 |
| Europe (Including Iceland and Greenland) | 0 | 0 | Investments | $10,043,288 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $10,448,744 | SubtotalSpentAmt |
| Total Spent | $10,448,744 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 3: | FormAndLineReferenceDesc |
| Explanation | ACCRUAL BASIS | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (15 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| BECKMAN RESEARCH INSTITUTE OF THE CITY OF HOPE | |||||||
| 1500 E DURARTE RD | DUARTE | CA | 91010 | 953432210 | 501(C)(3) | $265,883 | SUPPORT RESEARCH IN FIELD OF CANCER IMMUNOTHERAPY |
| CLINTON HEALTH ACCESS INITIATIVE INC | |||||||
| 383 DORCHESTER AVENUE | BOSTON | MA | 02127 | 271414646 | 501(C)(3) | $380,000 | SUPPORT RESEARCH IN FIELD OF CANCER IMMUNOTHERAPY |
| DANA-FARBER CANCER INSTITUTE INC | |||||||
| 450 BROOKLINE AVENUE | BOSTON | MA | 02115 | 042263040 | 501(C)(3) | $1,500,000 | SUPPORT RESEARCH IN FIELD OF CANCER IMMUNOTHERAPY |
| FHCRC - HUTCHINSON | |||||||
| 1100 FAIRVIEW AVE N | SEATTLE | WA | 98109 | 237156071 | 501(C)(3) | $325,387 | SUPPORT RESEARCH IN FIELD OF CANCER IMMUNOTHERAPY |
| ICAHN SCHOOL OF MEDICINE | |||||||
| ONE GUSTAVE L LEVY PLACE | NEW YORK | NY | 10029 | 136171197 | 501(C)(3) | $255,346 | SUPPORT RESEARCH IN FIELD OF CANCER IMMUNOTHERAPY |
| INSTITUTE FOR SYSTEMS BIOLOGY | |||||||
| 1801 LIND AVE SW | RENTON | WA | 980579016 | 912003593 | 501(C)(3) | $441,957 | SUPPORT RESEARCH IN FIELD OF CANCER IMMUNOTHERAPY |
| MEMORIAL SLOAN KETTERING CANCER CENTER | |||||||
| 1275 YORK AVE BOX 69 | NEW YORK | NY | 10065 | 912154267 | 501(C)(3) | $797,242 | SUPPORT RESEARCH IN FIELD OF CANCER IMMUNOTHERAPY |
| REGENTS OF UNIVERSITY OF CALIFORNIA SAN FRANCISCO | |||||||
| 333 CALIFORNIA ST 315 | SAN FRANCISCO | CA | 94143 | 946036493 | GOVT | $574,028 | SUPPORT RESEARCH IN FIELD OF CANCER IMMUNOTHERAPY |
| STANFORD UNIVERSITY | |||||||
| 3145 PORTER DRIVE | PALO ALTO | CA | 94304 | 941156365 | 501(C)(3) | $2,768,011 | SUPPORT RESEARCH IN FIELD OF CANCER IMMUNOTHERAPY |
| UNIVERSITY OF CALIFORNIA LOS ANGELES | |||||||
| 10920 WILSHIRE BLVD STE 620 | LOS ANGELES | CA | 90024 | 956006143 | GOVT | $572,590 | SUPPORT RESEARCH IN FIELD OF CANCER IMMUNOTHERAPY |
| UNIVERSITY OF PENNSYLVANIA | |||||||
| 3451 WALNUT STREET | PHILADELPHIA | PA | 19104 | 231352685 | GOVT | $137,934 | SUPPORT RESEARCH IN FIELD OF CANCER IMMUNOTHERAPY |
| UNIVERSITY OF TEXAS MD ANDERSON | |||||||
| 1400 PRESSLER STREET FCT295223 | HOUSTON | TX | 77030 | 746001118 | GOVT | $250,000 | SUPPORT RESEARCH IN FIELD OF CANCER IMMUNOTHERAPY |
| WASHINGTON UNIVERSITY | |||||||
| 700 ROSEDALE AVENUE CB 1034 | SAINT LOUIS | MO | 63112 | 430653611 | 501(C)(3) | $250,000 | SUPPORT RESEARCH IN FIELD OF CANCER IMMUNOTHERAPY |
| THE J DAVID GLADSTONE INSTITUTES | |||||||
| 1650 OWENS STREET | SAN FRANCISCO | CA | 94158 | 237203666 | 501(C)(3) | $36,542 | SUPPORT RESEARCH IN FIELD OF CANCER IMMUNOTHERAPY |
| WEILL CORNELL MEDICINE | |||||||
| 1300 YORK AVENUE | NEW YORK | NY | 10065 | 131623978 | 501(C)(3) | $495,462 | SUPPORT RESEARCH IN FIELD OF CANCER IMMUNOTHERAPY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 15 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | PICI AWARDS GRANTS SUBJECT TO A MASTER COLLABORATION AGREEMENT AND A SPECIFIC GRANT AGREEMENT APPLICABLE TO EACH INSTITUTION. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | Yes (true) | InitialContractExceptionInd |
| Rebuttable Presumption Proc | Yes (true) | RebuttablePresumptionProcInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RAMY IBRAHIM MD | ||||||||||||||
| DIRECTOR & FORMER CMO | $92,464 | $0 | $192,210 | $0 | $253,393 | $0 | $0 | $0 | $1,212 | $0 | $539,279 | $0 | $0 | $0 |
| UTE DUGAN MD | ||||||||||||||
| CHIEF MEDICAL OFFICER | $575,000 | $0 | $172,500 | $0 | $3,312 | $0 | $8,700 | $0 | $31,928 | $0 | $791,440 | $0 | $0 | $0 |
| JOHN CONNOLLY PHD | ||||||||||||||
| CHIEF SCIENTIFIC OFFICER | $558,100 | $0 | $167,430 | $0 | $2,232 | $0 | $0 | $0 | $10,546 | $0 | $738,308 | $0 | $0 | $0 |
| THERESA LAVALLE | ||||||||||||||
| VP TRANSLATIONAL MEDICINE & RE | $377,353 | $0 | $37,960 | $0 | $150,473 | $0 | $8,700 | $0 | $35,878 | $0 | $610,364 | $0 | $0 | $0 |
| MELINDA GRIFFITH | ||||||||||||||
| CHIEF LEGAL COUNSEL | $392,233 | $0 | $120,000 | $0 | $8,046 | $0 | $8,700 | $0 | $13,861 | $0 | $542,840 | $0 | $0 | $0 |
| LISA BUTTERFIELD | ||||||||||||||
| VP RESEARCH & DEVELOPMENT | $386,300 | $0 | $38,630 | $0 | $3,510 | $0 | $8,700 | $0 | $14,046 | $0 | $451,186 | $0 | $0 | $0 |
| JUSTIN FAIRCHILD | ||||||||||||||
| VP CLINICAL DEVELOPMENT | $363,102 | $0 | $36,630 | $0 | $1,728 | $0 | $8,700 | $0 | $31,928 | $0 | $442,088 | $0 | $0 | $0 |
| FREDERIC PLA PHD | ||||||||||||||
| COO THROUGH 4/15/21 | $178,150 | $0 | $132,500 | $0 | $66,666 | $0 | $1,756 | $0 | $7,253 | $0 | $386,325 | $0 | $0 | $0 |
| MARKO SPASIC | ||||||||||||||
| SENIOR MEDICAL DIRECTOR | $327,894 | $0 | $34,000 | $0 | $1,230 | $0 | $0 | $0 | $10,787 | $0 | $373,911 | $0 | $0 | $0 |
| SARA COBLIN | ||||||||||||||
| SR VP FINANCE AS OF 6/1/21 | $213,333 | $0 | $70,000 | $0 | $900 | $0 | $4,589 | $0 | $9,880 | $0 | $298,702 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | ANYONE TRAVELING OVER 3000 MILES CAN FLY BUSINESS CLASS OR FIRST CLASS (IF ONLY 2 LEVELS OF SERVICE ARE OFFERED). VP'S CAN TRAVEL BUSINESS OR FIRST CLASS FOR TRAVEL OVER 2000 MILES. |
| PART I, LINE 3 | THE CHIEF EXECUTIVE OFFICER POSITION WAS VACANT DURING 2021. THE ORGANIZATION FOLLOWS THE FOLLOWING PROCEDURES IN DETERMINING SUCH COMPENSATION: THE BOARD OF DIRECTORS OR EXECUTIVE COMMITTEE REVIEWS ANY PROPOSED COMPENSATION, INCLUDING THE SALARY, OF ITS CHIEF EXECUTIVE OFFICER TO ENSURE THAT, IN EACH CASE, SUCH SALARY IS FAIR AND REASONABLE BASED ON COMPARABILITY DATA AND COMPENSATION STUDIES SHOWING COMPENSATION PAID FOR COMPARABLE SERVICES AT SIMILARLY SITUATED ORGANIZATIONS. |
| PART I, LINE 7 | MOST OF PICI'S EMPLOYMENT AGREEMENTS, WHICH ARE NEGOTIATED AT ARMS-LENGTH WITH REFERENCE TO COMPARABILITY DATA, CONTAIN A PROVISION PERMITTING ANNUAL INCENTIVE BONUSES, WHICH ARE CAPPED AT UP TO A FIXED PERCENTAGE. |
| PART 1, LINE 8 | THE ORGANIZATION ENTERED INTO A CONTRACT WITH SARA COBLIN EFFECTIVE 6/1/2021 THAT QUALIFIES FOR THE INITIAL CONTRACT EXCEPTION UNDER TREASURY REGULATION SECTION 53.4958-4(a)(3). |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (3 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd | Loan To OrganizationLoanToOrganizationInd |
|---|---|---|---|---|---|---|---|---|
| THERESA LAVALLE | ||||||||
| EMPLOYEE | RELOCATION | Yes (X) | $250,000 | $0 | false | Yes (true) | Yes (true) | |
| RAMY IBRAHIM MD | ||||||||
| FORMER CMO & CONSULTANT/CURRENT DIRECTOR | RELOCATION | Yes (X) | $700,000 | $0 | false | Yes (true) | Yes (true) | |
| SEAN PARKER | ||||||||
| CHAIR OF THE BOARD & DIRECTOR | OPERATING SUPPORT | $7,000,000 | $7,000,000 | false | Yes (true) | Yes (true) | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $7,000,000 | TotalBalanceDueAmt |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArtGrp | |
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp | |
| Books And Publications | BooksAndPublicationsGrp | |
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $9,865,548 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp | |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE M, PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE NUMBERS REPORTED IN PART I, COLUMN (B) REPRESENT THE NUMBER OF CONTRIBUTIONS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART 1, LINE 1 | DESCRIPTION OF ORGANIZATION MISSION: THE PARKER INSTITUTE FOR CANCER IMMUNOTHERAPY (PICI) IS RADICALLY CHANGING THE WAY CANCER RESEARCH IS DONE. THE SAN FRANCISCO-BASED NONPROFIT IS AN UNPRECEDENTED COLLABORATION BETWEEN THE COUNTRY'S LEADING IMMUNOTHERAPY RESEARCHERS AND CANCER CENTERS, INCLUDING MEMORIAL SLOAN KETTERING CANCER CENTER, STANFORD MEDICINE, THE UNIVERSITY OF CALIFORNIA, LOS ANGELES, THE UNIVERSITY OF CALIFORNIA, SAN FRANCISCO, THE UNIVERSITY OF PENNSYLVANIA AND THE UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER. THE INSTITUTE ALSO SUPPORTS TOP RESEARCHERS AT OTHER INSTITUTIONS, INCLUDING CITY OF HOPE, DANA-FARBER CANCER INSTITUTE, FRED HUTCHINSON CANCER RESEARCH CENTER, ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, INSTITUTE FOR SYSTEMS BIOLOGY AND WASHINGTON UNIVERSITY SCHOOL OF MEDICINE IN ST. LOUIS. BY FORGING ALLIANCES WITH ACADEMIC, INDUSTRY AND NONPROFIT PARTNERS, PICI MAKES BIG BETS ON BOLD RESEARCH TO FULFILL ITS MISSION: TO ACCELERATE THE DEVELOPMENT OF BREAKTHROUGH IMMUNE THERAPIES TO TRANSFORM ALL CANCERS INTO CURABLE DISEASES. |
| FORM 990, PART VI, SECTION A, LINE 1 | THE BOARD OF DIRECTORS IS COMPRISED OF ONE 'CLASS A' DIRECTOR WITH THE BALANCE OF THE DIRECTORS SERVING AS 'CLASS B' DIRECTORS. THE CLASS A DIRECTOR MUST BE PRESENT TO CONSTITUTE A QUORUM, UNLESS THE CLASS A DIRECTOR'S RECUSAL IS REQUIRED BY LAW OR CORPORATE POLICY. EACH DIRECTOR IS ENTITLED TO ONE VOTE. ANY ACT OF THE BOARD OF DIRECTORS REQUIRES THE AFFIRMATIVE VOTE OF BOTH THE CLASS A DIRECTOR AND A MAJORITY OF THE CLASS B DIRECTORS PRESENT AT A MEETING AT WHICH A QUORUM IS PRESENT, EXCEPT AS OTHERWISE PROVIDED IN THE BYLAWS. PICI DOES HAVE AN EXECUTIVE COMMITTEE. IT HAS ALL THE AUTHORITY OF THE BOARD OF DIRECTORS BETWEEN REGULAR AND SPECIAL MEETINGS, EXCEPT AS OTHERWISE PROVIDED IN THE BYLAWS OR BY THE BOARD OF DIRECTORS IN SPECIFIC INSTANCES. ACTIONS OF THE EXECUTIVE COMMITTEE ARE REPORTED TO AND REVIEWED BY THE BOARD OF DIRECTORS AT ITS NEXT REGULARLY SCHEDULED MEETING. |
| FORM 990, PART VI, SECTION A, LINE 2 | THE FOLLOWING DIRECTORS AND OFFICERS HAVE A BUSINESS RELATIONSHIP: JEFFREY BLUESTONE, JOHN CONNOLLY, SUSAN DAWSON, ERIC ESRAILIAN, BEN HOROWITZ, JEFF HUBER, REED JOBS, BOB NELSEN, BRUCE PARKER, SEAN PARKER, BOB PITTMAN, MICHAEL POLANSKY, AND TOM VAN LOBEN SELS. THE FOLLOWING DIRECTORS HAVE A FAMILY RELATIONSHIP: SEAN PARKER AND BRUCE PARKER. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE DESIGNATOR HAS THE AUTHORITY TO APPOINT MEMBERS OF PICI'S GOVERNING BODY. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE DESIGNATOR HAS THE AUTHORITY TO REMOVE MEMBERS OF PICI'S GOVERNING BODY, TO CONSENT TO SUCH REMOVAL BY THE BOARD, AND TO CONSENT TO ANY AMENDMENTS TO PICI'S BYLAWS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE. A COMPLETE COPY OF THE FORM 990 AND SUPPORTING SCHEDULES WAS PROVIDED TO THE FULL BOARD FOR REVIEW PRIOR TO BEING FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD AUTHORIZES AND OVERSEES A REVIEW OF THE ADMINISTRATION OF THE CONFLICT OF INTEREST POLICY. THE REVIEW CONSIDERS THE LEVEL OF COMPLIANCE WITH THE POLICY, THE CONTINUING SUITABILITY OF THE POLICY, AND WHETHER THE POLICY SHOULD BE MODIFIED AND IMPROVED. IF A TRANSACTION ARISES WHERE THERE IS A CONFLICT OF INTEREST, THE PERSON WITH SUCH CONFLICT IS NOT ALLOWED TO VOTE ON THE TRANSACTION NOR BE PRESENT FOR SUCH VOTE. THE CONFLICT OF INTEREST POLICY COVERS EACH DIRECTOR, CORPORATE OFFICER, TOP MANAGEMENT OFFICIAL, TOP FINANCIAL OFFICIAL AND EACH KEY EMPLOYEE OF PICI, AND OTHERS THAT PICI MAY IDENTIFY. |
| FORM 990, PART VI, SECTION B, LINE 15 | FORM 990, PART VI, SECTION B, LINE 15A - AS STATED AT SCHEDULE J, PART I, LINE 3, THE CEO POSITION WAS VACANT DURING THE 2021 CALENDAR YEAR. THE ORGANIZATION FOLLOWS THE FOLLOWING PROCEDURES: THE BOARD OF DIRECTORS APPROVES THE SALARY OF PICI'S CHIEF EXECUTIVE OFFICER ONLY AFTER HAVING CONFIRMED IT IS FAIR AND REASONABLE BASED ON COMPARABILITY DATA AND COMPENSATION STUDIES SHOWING COMPENSATION PAID FOR COMPARABLE SERVICES AT SIMILARLY SITUATED ORGANIZATIONS. |
| FORM 990, PART VI, SECTION B, LINE 15B | IN GENERAL, PICI WORKED WITH A RECRUITER AND, AS PART OF THAT PROCESS, ROUTINELY COMPARED THE PROPOSED SALARY WITH SALARIES PAID BY OTHER ORGANIZATIONS FOR SIMILAR POSITIONS. |
| FORM 990, PART VI, SECTION C, LINE 19 | PICI'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE AS REQUIRED BY LAW. |
| FORM 990, PART XI, LINE 9 | GRANTS PAID ADJUSTMENT - 910,305 ADJUSTMENT FOR WRITE OFF OF LOC FOR ORIGINAL RENT - (302,633) OTHER ADJUSTMENT RELATED TO CONTRIBUTIONS RECEIVED - (10,000) |
| FORM 990, PART VII, SECTION A, LINE 1A | RAMY IBRAHIM'S COMPENSATION RELATES TO HIS POSITION AS AN EMPLOYEE THROUGH JANUARY 1, 2021 AND RECEIVED LOAN FORGIVENESS AND CONSULTING COMPENSATION POST-TERMINATION AND NOT AS A TRUSTEE/DIRECTOR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAVERIC LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 LETTERMAN DRIVE D3500 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94129 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 853467441 | EIN |
| Primary Activities | COVID-19 CLIN | PrimaryActivitiesTxt |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Total Income | $0 | TotalIncomeAmt |
| End Of Year Assets | $0 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PICI | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| SEAN N PARKER FOUNDATION | ||||||||||
| 314 LYTTON AVE | PALTO ALTO | CA | 94301 | 274389819 | NONPROFIT SUP | CA | 501(C)(3) | PF | NA | false |
| ECONOMIC INNOVATION GROUP INC | ||||||||||
| 616 H STREET NW SUITE 550 | WASHINGTON | DC | 20001 | 462450336 | PUBLIC INTERE | DC | 501(C)(4) | N/A | NA | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (true) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, IDENTIFICATION OF DISREGARDED ENTITIES: | NAME, ADDRESS, AND EIN OF DISREGARDED ENTITY: MAVERIC, LLC EIN: 85-3467441 1 LETTERMAN DRIVE, D3500 SAN FRANCISCO, CA 94129 PRIMARY ACTIVITY: COVID-19 CLINICAL TRIAL MANAGEMENT (CURRENTLY INACTIVE) DIRECT CONTROLLING ENTITY: PARKER INSTITUTE FOR CANCER IMMUNOTHERAPY |
| SCHEDULE R, SUPPLEMENTAL INFORMATION: | THE CLASS A DIRECTOR ALSO HAS A CONTROLLING INTEREST IN SEVERAL PASSIVE INVESTMENT VEHICLES. THESE INVESTMENT VEHICLES AND THE TAX-EXEMPT ENTITIES DISCLOSED UNDER PART II ABOVE MAY TECHNICALLY BE CONSIDERED "RELATED ORGANIZATIONS" OF PICI FOR IRS FORM 990 REPORTING PURPOSES THROUGH THEIR RELATIONSHIP WITH THE CLASS A DIRECTOR. THE PASSIVE INVESTMENT VEHICLES HAVE NO TRANSACTIONS OR BUSINESS RELATIONSHIPS WITH PICI AND ARE NOT DISCLOSED ON SCHEDULE R. |
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