2022-11-03T11:27:06-05:00 2021-12-31 911194016 CLARK NUBER PS 10900 NE 4TH ST STE 1400 BELLEVUE WA 98004 990 2021-01-01 912155317 ALLEN INSTITUTE ALLE 2065487000 615 WESTLAKE AVENUE NORTH SEATTLE WA 98109 MARJORIE THOMAS VICE PRESIDENT & TREASURER 2065487000 2022-11-01 1 MARJORIE THOMAS 999009999 MEGAN R RYAN P00737884 4254544919 2022-11-01 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z RUI COSTA 615 WESTLAKE AVENUE NORTH SEATTLE WA 98109 188421478 0 X WWW.ALLENINSTITUTE.ORG X 2003 WA THE MISSION OF THE ALLEN INSTITUTE IS TO UNLOCK THE COMPLEXITIES (SEE SCHEDULE O)OF BIOSCIENCE AND ADVANCE OUR KNOWLEDGE TO IMPROVE HUMAN HEALTH. USING AN OPEN SCIENCE, MULTI-SCALE, TEAM-ORIENTED APPROACH, THE ALLEN INSTITUTE FOCUSES ON ACCELERATING FOUNDATIONAL RESEARCH, DEVELOPING STANDARDS AND MODELS, AND CULTIVATING NEW IDEAS TO MAKE A BROAD, TRANSFORMATIONAL IMPACT ON SCIENCE. 11 10 666 12 0 0 65623927 182462148 187630 499270 -1022626 1806704 1355103 3611040 66144034 188379162 6847484 9053348 0 0 69384665 75268155 0 0 0 57540029 68978841 133772178 153300344 -67628144 35078818 154207368 190069466 14911939 15966385 139295429 174103081 X THE MISSION OF THE ALLEN INSTITUTE IS TO UNLOCK THE COMPLEXITIES OF BIOSCIENCE AND ADVANCE OUR KNOWLEDGE TO IMPROVE HUMAN HEALTH. USING AN OPEN SCIENCE, MULTI-SCALE, TEAM-ORIENTED APPROACH, THE ALLEN INSTITUTE FOCUSES ON ACCELERATING FOUNDATIONAL RESEARCH, (SEE SCHEDULE O)DEVELOPING STANDARDS AND MODELS, AND CULTIVATING NEW IDEAS TO MAKE A BROAD, TRANSFORMATIONAL IMPACT ON SCIENCE. 0 0 125447561 9053348 499270 THE ALLEN INSTITUTE IS DEDICATED TO ANSWERING SOME OF THE BIGGEST QUESTIONS IN BIOSCIENCE AND ACCELERATING RESEARCH WORLDWIDE. THE INSTITUTE IS A RECOGNIZED LEADER IN LARGE-SCALE RESEARCH WITH A COMMITMENT TO AN OPEN SCIENCE MODEL. THROUGH PUBLICLY AVAILABLE KNOWLEDGE, DATA, MODELS, TOOLS, AND REAGENTS, THE INSTITUTE CATALYZES SCIENTIFIC DISCOVERY AND NURTURES MEDICAL BREAKTHROUGHS. 125447561 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 230 0 1 666 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 10 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR CA CT FL GA IL KS KY MD MA MI MN MS NJ NM NY NC OK OR PA RI SC TN UT VA WA WV WI X MARJORIE THOMAS 2065487000 615 WESTLAKE AVENUE NORTH SEATTLE WA 98109 ALLEN JO LYNN DIRECTOR 2.00 X 0 0 0 ISRAEL ALLEN D DIRECTOR 2.00 X 0 0 0 HALL STEPHEN DIRECTOR 2.00 X 0 0 0 BROWN NATHANIEL DIRECTOR 2.00 X 0 0 0 DANIEL THOMAS DIRECTOR 2.00 X 5375 0 0 STRYKER MICHAEL DIRECTOR 2.00 X 7375 0 0 ALIVISATOS PAUL DIRECTOR 2.00 X 0 0 0 ANDERSON MARGARET DIRECTOR 2.00 X 0 0 0 CAMPBELL PHYLLIS DIRECTOR 2.00 X 0 0 0 LOCKE GARY DIRECTOR 2.00 X 0 0 0 CHARO ALTO DIRECTOR 2.00 X 0 0 0 DEWBERRY CARLA DIRECTOR 2.00 X 0 0 0 JONES ALLAN R PRESIDENT 40.00 X 928928 0 30317 LARSON MAJA D VICE PRESIDENT, SECRETARY 40.00 X 181062 0 20168 THOMAS MARJORIE VICE PRESIDENT, TREASURER 40.00 X 464808 0 19175 BUMOL THOMAS VICE PRESIDENT 40.00 X 521620 0 24330 PETERSON TODD VICE PRESIDENT 40.00 X 230792 0 13343 HACKETT LAUREN VICE PRESIDENT 40.00 X 329061 0 23641 MCCLELLAN MARGARET VICE PRESIDENT, SECRETARY 40.00 X 127406 0 7317 KOCH CHRISTOF CHIEF SCIENTIST AND PRESIDENT 40.00 X 503667 0 19162 REID ROBERT C INVESTIGATOR, SR. 40.00 X 412337 0 31612 ZENG HONGKUI EXECUTIVE DIRECTOR, STRUCTURED SCIENCE 40.00 X 562812 0 24207 PHILLIPS JOHN W EXECUTIVE DIRECTOR, STRATEGY AND EVALUATION 40.00 X 340980 0 24330 RICHMOND KATHRYN EXEC. VICE PRESIDENT, DIRECTOR 40.00 X 339487 0 23041 4955710 0 260643 246 0 1 0 SEQMATIC LLC 44846 OSGOOD ROAD FREMONT CA 94539 NEXT GENERATION SEQUENCING SERVICES 1444254 ZETTA AI LLC (HYUNJUNE D SEUNG) 25 HOWE CIRCLE PRINCETON NJ 08540 LABOR AND CLOUD COMPUTING COSTS 838500 VACO LLC 5501 VIRGINIA WAY BRENTWOOD TN 37027 STAFFING TECH/ENGINEERING CONTRACTORS 337950 NOBLE RECRUITING LLC 140 LAKESIDE AVENUE A44 SEATTLE WA 98122 RECRUITING AND CONSULTING SERVICES 288736 ARCLIGHT CONSULTING LLC 345 WEST CUMMINGS PARK WOBURN MA 01803 CONSULTING SERVICES FOR ORACLE 263459 6 39421557 143040591 475382 182462148 MATERIAL TRANSFER 541700 333956 333956 SERVICE INCOME 611600 165314 165314 499270 1679020 1679020 3501561 3501561 170000 42316 127684 127684 127684 REIMBURSEMENTS 900099 109179 109179 300 300 109479 188379162 499270 0 5417744 X 6673996 6673996 2379352 2379352 3076606 3076606 58162048 47926633 10235415 3276289 2671917 604372 6289145 5128997 1160148 4464067 3678472 785595 531913 131231 400682 150697 150697 180000 180000 18791362 16139030 2652332 122239 113893 8346 5605989 3430479 2175510 996648 996648 17703378 14689106 3014272 31309 21475 9834 240477 210548 29929 4359 4359 11843325 10796436 1046889 LABORATORY SUPPLIES 11162551 11162551 RECRUITING 1004917 49881 955036 609677 243564 366113 153300344 125447561 27852783 0 3285639 4226896 46215030 59881984 6784589 4335791 552044 1752065 266579 384587 4613799 3991143 140468509 76046580 67759993 64421929 24729695 51075071 154207368 190069466 13793771 15637248 1048186 271142 69982 57995 14911939 15966385 X 139295429 173100420 0 1002661 139295429 174103081 154207368 190069466 35078818 -271166 0 X 0 1 X 1 1 1 X UNIVERSITY OF WASHINGTON SCHOOL OF MEDICINE SEATTLE WA RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 180000 180000 153120344 153300344 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 89443 160635 180000 180000 610078 250000 250000 250000 250000 1000000 1500000 66877690 19975038 46902652 70825347 56071542 14753805 2765472 2765472 64421929 DEFERRED RENT 5873 LONG TERM LEASE PAYMENTS 52122 57995 188108000 -271166 -271166 188379166 -4 -4 188379162 153299000 0 153299000 1344 1344 153300344 PART XI, LINE 4B - OTHER ADJUSTMENTS: AUDITED FINANCIAL STMT. ROUNDING ADJUSTMENT -4. PART XII, LINE 4B - OTHER ADJUSTMENTS: AUDITED FINANCIAL STMT. ROUNDING ADJUSTMENT 1,344. 1 EAST ASIA AND THE PACIFIC 0 1 PROGRAM SERVICES RESEARCH 243540 EUROPE (INCLUDING ICELAND & GREENLAND) 0 7 PROGRAM SERVICES RESEARCH 2075902 MIDDLE EAST AND NORTH AFRICA 0 1 PROGRAM SERVICES RESEARCH 1500 NORTH AMERICA 0 0 PROGRAM SERVICES RESEARCH 42549 RUSSIA AND NEIGHBORING STATES 0 0 PROGRAM SERVICES RESEARCH 263 SOUTH AMERICA 0 0 PROGRAM SERVICES RESEARCH 1500 SOUTH ASIA 0 0 PROGRAM SERVICES RESEARCH 500 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION N/A 1959169 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION N/A 111469 EAST ASIA AND THE PACIFIC 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION N/A 308715 0 9 0 0 0 9 4324923 420184 4745107 EUROPE (INCLUDING ICELAND AND GREENLAND) RESEARCH 57500 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) RESEARCH 219464 WIRE 0 MIDDLE EAST AND NORTH AFRICA RESEARCH 111469 WIRE 0 EAST ASIA AND THE PACIFIC RESEARCH 308715 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) RESEARCH 1117932 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) RESEARCH 63104 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) RESEARCH 253253 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) RESEARCH 136642 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) RESEARCH 111274 WIRE 0 0 9 0 0 0 0 0 0 PART I, LINE 2: THE ALLEN INSTITUTE ASSIGNS RESPONSIBILITY FOR MONITORING THE USE OF GRANT FUNDS OUTSIDE THE UNITED STATES TO ITS OFFICE OF SPONSORED RESEARCH. THIS OFFICE MONITORS ALL GRANT MAKING ACTIVITY INCLUDING ALL APPLICABLE COMPLIANCE REGULATIONS. MONITORING INCLUDES PERIODIC REVIEWS OF BUDGET TO ACTUAL REPORTS BY BOTH THE OFFICE OF SPONSORED RESEARCH AND THE PRINCIPAL INVESTIGATOR TO ENSURE FUNDS ARE USED ACCORDING TO THE AGREEMENT. EXPENSES ARE ACCOUNTED FOR ON AN ACCRUAL BASIS. PART III ACCOUNTING METHOD: 1 BAYLOR COLLEGE OF MEDICINE ONE BAYLOR PLAZA ROOM-BCM280 HOUSTON TX 77030 741613878 501(C)(3) 622577 0 MEDICAL RESEARCH CALIFORNIA INSTITUTE OF TECHNOLOGY MC 114-96 1200 E CALIFORNIA BLVD PASEDENA CA 91125 951643307 501(C)(3) 1122271 0 MEDICAL RESEARCH CEDARS-SINAI MEDICAL CENTER 8700 BEVERLY BLVD 65WIL-1150 LOS ANGELES CA 90048 951644600 501(C)(3) 8324 0 MEDICAL RESEARCH J CRAIG VENTER INSTITUTE 4120 CAPRICORN LANE LA JOLLA CA 92037 521842938 501(C)(3) 176732 0 MEDICAL RESEARCH KAISER FOUNDATION RESEARCH INSTITUTE 1800 HARRISON STREET 16TH FLOOR OAKLAND CA 94612 941105628 501(C)(3) 56035 0 MEDICAL RESEARCH LAWRENCE BERKELEY NATIONAL LABORATORY 1 CYCLOTRON ROAD MS 971 BERKELEY CA 94720 942951741 501(C)(3) 170531 0 MEDICAL RESEARCH MASSACHUSETTS INSTITUTE OF TECHNOLOGY CASHIERS OFFICE NE46-3160 77 MASSACHUSETTS AVE CAMBRIDGE MA 02139 042103594 501(C)(3) 81497 0 MEDICAL RESEARCH PENNSYLVANIA STATE UNIVERSITY 500 UNIVERSITY DRIVE HERSHEY PA 17033 246000376 501(C)(3) 21722 0 MEDICAL RESEARCH PRESIDENT AND FELLOWS OF HARVARD COLLEGE PO BOX 415649 BOSTON MA 02241 042103580 501(C)(3) 674256 0 MEDICAL RESEARCH REGENTS OF THE UNIVERSITY OF MINNESOTA 450 MCNAMARA ALUMNI CENTER 200 OAK STREET SE MINNEAPOLIS MN 55455 416007513 501(C)(3) 40000 0 MEDICAL RESEARCH SEATTLE CHILDREN'S RESEARCH INSTITUTE 4800 SAND POINT WAY NE SEATTLE WA 98105 910564748 501(C)(3) 371831 0 MEDICAL RESEARCH THE BROAD INSTITUTE INC 415 MAIN STREET CAMBRIDGE MA 02142 263428781 501(C)(3) 627415 0 MEDICAL RESEARCH TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA 125 SOUTH 31ST STREET SUITE 2000 PHILADELPHIA PA 19104 231352685 501(C)(3) 155443 0 MEDICAL RESEARCH UNIVERSITY OF CALIFORNIA SAN DIEGO 9500 GILMAN DRIVE LA JOLLA CA 92093 956006144 501(C)(3) 550483 0 MEDICAL RESEARCH UNIVERSITY OF WASHINGTON 4333 BROOKLYN AVE NE SEATTEL WA 98195 916001537 501(C)(3) 1927289 0 MEDICAL RESEARCH UNIVERSITY OF WISCONSIN-MADISON 21 N PARK STREET SUITE 6401 MADISON WI 53715 396006492 501(C)(3) 57500 0 MEDICAL RESEARCH 16 0 PART I, LINE 2: THE ALLEN INSTITUTE ASSIGNS RESPONSIBILITY FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES TO ITS OFFICE OF SPONSORED RESEARCH. THIS OFFICE MONITORS ALL GRANT MAKING ACTIVITY INCLUDING ALL APPLICABLE COMPLIANCE REGULATIONS. MONITORING INCLUDES PERIODIC REVIEWS OF BUDGET TO ACTUAL REPORTS BY BOTH THE OFFICE OF SPONSORED RESEARCH AND THE PRINCIPAL INVESTIGATOR TO ENSURE FUNDS ARE USED ACCORDING TO THE AGREEMENT. EXPENSES ARE ACCOUNTED FOR ON AN ACCRUAL BASIS. X X X 0 1 X X X X X X 0 0 0 0 0 0 0 1 0 JONES ALLAN R PRESIDENT 714266 0 214662 0 0 0 9750 0 20567 0 959245 0 0 0 ZENG HONGKUI EXECUTIVE DIRECTOR, STRUCTURED SCIEN 420000 0 141948 0 864 0 9750 0 14457 0 587019 0 0 0 BUMOL THOMAS VICE PRESIDENT 446592 0 75028 0 0 0 9750 0 14580 0 545950 0 0 0 KOCH CHRISTOF CHIEF SCIENTIST AND PRESIDENT 425329 0 78106 0 232 0 9750 0 9412 0 522829 0 0 0 THOMAS MARJORIE VICE PRESIDENT, TREASURER 393829 0 70979 0 0 0 9750 0 9425 0 483983 0 0 0 REID ROBERT C INVESTIGATOR, SR. 412337 0 0 0 0 0 9750 0 21862 0 443949 0 0 0 PHILLIPS JOHN W EXECUTIVE DIRECTOR, STRATEGY AND EVA 340980 0 0 0 0 0 9750 0 14580 0 365310 0 0 0 RICHMOND KATHRYN EXEC. VICE PRESIDENT, DIRECTOR 299090 0 40397 0 0 0 23041 0 0 0 362528 0 0 0 HACKETT LAUREN VICE PRESIDENT 256125 0 72936 0 0 0 9750 0 13891 0 352702 0 0 0 PETERSON TODD VICE PRESIDENT 230792 0 0 0 0 0 0 0 0 0 230792 0 0 0 LARSON MAJA D VICE PRESIDENT, SECRETARY 181062 0 0 0 0 0 9750 0 10418 0 201230 0 0 0 PART I, LINE 1A PERIODICALLY, SENIOR EXECUTIVES MAY TAKE FIRST CLASS TRAVEL DUE TO LENGTH OF THE TRIP, TIMING OF FLIGHT OR VISIT SCHEDULE. TAX GROSS UPS OF MOVING EXPENSES MAY BE PAID TO RECRUIT NEW EMPLOYEES. EMPLOYEES ENROLLED IN THE WELLNESS REIMBURSEMENT PROGRAM ARE ENTITLED TO 75% OF HEALTH CLUB DUES REIMBURSEMENT (UP TO $140 OF REIMBURSEMENT/MONTH) BASED ON RECEIPTS SUBMITTED TO A THIRD PARTY ADMINISTRATOR, BUT NOT UNDER A QUALIFIED BENEFIT PLAN. PART I, LINE 1B WE FOLLOWED THE WRITTEN POLICIES FOR 'FIRST-CLASS OR CHARTER TRAVEL AND 'HEALTH OR SOCIAL CLUB DUES OR INITIAL FEES.' WE DO NOT HAVE A WRITTEN 'HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE' POLICY. THE HOUSING ALLOWANE BENEFIT IS REVIEWED BY HUMAN RESOURCES AND THE PRESIDENT. PART I, LINE 7 THE PRESIDENT, EXECUTIVES, AND CERTAIN SENIOR INSTITUTE LEADERS ARE ELIGIBLE FOR AN ANNUAL PERFORMANCE BONUS BASED UPON ATTAINMENT OF INSTITUTE-WIDE OR, INDIVIDUAL GOALS. NEAR THE END OF THE COMPENSATION YEAR (JANUARY-DECEMBER). INSTITUTE SENIOR LEADERSHIP ASSESSED THEIR PERFORMANCE RELATIVE TO GOALS, REVIEWED THEIR SELF-ASSESSMENT WITH THEIR MANAGER WHO MADE A FINAL DECISION ON PERFORMANCE SCORES. ALL SCORES AND ASSOCIATED BONUSES WERE PRESENTED TO THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS FOR FINAL REVIEW AND APPROVAL. SEE PART V SEE PART V 10460000 SEE PART V 0 SEE PART V SEE PART V 165314 SEE PART V 0 SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: RELATED TO SUBSTANTIAL CONTRIBUTOR(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: 35% CONTROLLED ENTITY OF A SUBSTANTIAL CONTRIBUTOR(D) DESCRIPTION OF TRANSACTION: LEASE PAYMENTS SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: SUBSTANTIAL CONTRIBUTOR(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: SUBSTANTIAL CONTRIBUTOR(D) DESCRIPTION OF TRANSACTION: PROGRAM SERVICE REVENUE X SCIENTIFIC EQUIP 1 475382 ADJUSTED BASIS 0 0 1 0 PART I, COLUMN (B): THE AMOUNTS REPORTED IN SCHEDULE M, PART I, COLUMN (B) REPRESENT THE NUMBER OF SEPARATE GIFTS RECEIVED DURING THE YEAR. FORM 990, PART I, LINE 6: THE TWELVE VOLUNTEERS ARE ALL UNCOMPENSATED BOARD VOLUNTEERS. FORM 990, PART VI, SECTION A, LINE 2 JO LYNN ALLEN AND ALLEN ISRAEL HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 4 ON 9/10/21 THE BOARD ADOPTED THE FOLLOWING CHANGES AND UPDATES TO THE AMENDED AND RESTATED BYLAWS: - CHANGED THE BOARD MUST CONSIST OF AT LEAST 1-13 PERSONS. - IN EXTRAORDINARY CIRCUMSTANCES AND IN RECOGNITION OF THE VALUE TO THE BOARD OF A MEMBER'S CONTINUED CONTRIBUTIONS, AND UPON THE UNANIMOUS RECOMMENDATION BY THE NOMINATING AND GOVERNANCE COMMITTEE AND THE UNANIMOUS VOTE BY THE BOARD OF DIRECTORS, A DIRECTOR MAY BE ELECTED BY THE BOARD OF DIRECTORS TO SERVE A FOURTH (4TH) TERM OF UP TO THREE (3) YEARS. - CHANGED THE COMMITTEES HAVE DELEGATED AUTHORITY AND ADVISORY RESPONSIBILITIES TO FINANCE, RISK AND AUDIT AND COMPENSATION COMMITTEES AND REMOVING THE NOMINATING AND GOVERNANCE COMMITTEE AS A COMMITTEE THAT HAS DELEGATED AUTHORITY. - A MAJORITY OF THE BOARD OF DIRECTORS MAY, BY RESOLUTION, FORM ADVISORY COMMITTEES, AD HOC ADVISORY COMMITTEES AND/OR TASK FORCES WHOSE MEMBERSHIP MAY INCLUDE DIRECTORS OF THE BOARD OF DIRECTORS OR INDEPENDENT MEMBERS AS THE BOARD OF DIRECTORS DEEMS NECESSARY OR APPROPRIATE FOR THE CARRYING OUT OF THE INSTITUTE'S OBJECTIVES AND MAY CONSIST OF: - THE BOARD MAY REMOVE A DIRECTOR AT ANY TIME BY A VOTE OF THE MAJORITY OF DIRECTORS THEN IN OFFICE, IF THE BOARD DETERMINES THAT THE REMOVAL IS IN THE BEST INTEREST OF THE INSTITUTE. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE DEPARTMENT AND THE LEGAL DEPARTMENT PERFORM A THOROUGH REVIEW, AND THE BOARD MEMBERS ARE GIVEN COPIES BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE PERSONS COVERED UNDER THE ALLEN INSTITUTE BOARD OF DIRECTORS CONFLICT OF INTEREST POLICY ARE THE ALLEN INSTITUTE'S BOARD OF DIRECTORS. THE ALLEN INSTITUTE PLACES UPON ALL DIRECTORS COVERED UNDER THIS POLICY, A DUTY TO DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST TO THE ALLEN INSTITUTE. FURTHERMORE, DIRECTORS ANNUALLY AFFIRM THAT THEY HAVE READ AND AGREE TO COMPLY WITH THE POLICY. AFTER DISCLOSURE OF AN ACTUAL OR POSSIBLE CONFLICT, PERSONS WITH A CONFLICT SHALL BE EXCUSED FROM THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION INVOLVING THE POSSIBLE CONFLICT. THE REMAINING DISINTERESTED DIRECTORS WILL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. IF A CONFLICT IS FOUND, THE BOARD CHAIRPERSON, IF APPROPRIATE, WILL APPOINT A DISINTERESTED PERSON TO INVESTIGATE ALTERNATIVES TO THE TRANSACTION THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF ANY ALTERNATIVE TRANSACTIONS ARE NOT REASONABLE, THE BOARD SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE CONFLICTED TRANSACTION IS FAIR, REASONABLE, AND IN THE BEST INTEREST OF THE ALLEN INSTITUTE. THE PERSONS COVERED UNDER THE ALLEN INSTITUTE CONFLICT OF INTEREST POLICY ARE ALL EMPLOYEES, INCLUDING THE ALLEN INSTITUTE'S PRINCIPAL OFFICERS AND KEY EMPLOYEES. THE ALLEN INSTITUTE PLACES UPON ALL PRINCIPAL OFFICERS AND KEY EMPLOYEES UNDER THIS POLICY A DUTY TO DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST TO THE ALLEN INSTITUTE. FURTHERMORE, ALL EMPLOYEES, INCLUDING PRINCIPAL OFFICERS AND KEY EMPLOYEES ANNUALLY UPDATE AND REVIEW EXISTING DISCLOSURES, AS WELL AS DISCLOSE NEW CONFLICTS OF INTEREST. AFTER DISCLOSURE OF AN ACTUAL OR POSSIBLE CONFLICT, THE ALLEN INSTITUTE DETERMINES THE APPROPRIATE OVERSIGHT AND CONTROL, BASED ON THE CIRCUMSTANCES, TO PROPERLY MANAGE THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE MAKES A RECOMMENDATION TO THE BOARD OF DIRECTORS REGARDING THE COMPENSATION OF THE CEO AND EXECUTIVE MANAGEMENT USING THE FOLLOWING PRACTICES: CHIEF OPERATIONS OFFICER AND THE INSTITUTE'S HUMAN RESOURCES DEPARTMENT BENCHMARK SENIOR EXECUTIVE LEADERSHIP BASE AND TOTAL CASH COMPENSATION TO ASSESS MARKET CONSISTENCY. THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THESE ASSESSMENTS AND EXTERNAL COMPENSATION RESOURCES COMPILED BY THE HUMAN RESOURCES DEPARTMENT AND A THIRD-PARTY CONSULTING FIRM. BASED ON THESE REVIEWS THE COMPENSATION COMMITTEE ESTABLISHES SALARY ADJUSTMENTS FOR THE CEO AND THE CEO'S DIRECT REPORTS AND ANY SENIOR LEADER ELIGIBLE FOR THE VARIABLE COMPENSATION PLAN. COMPENSATION WAS LAST REVIEWED DECEMBER, 2021. FORM 990, PART VI, SECTION C, LINE 19 THE ALLEN INSTITUTE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE FINANCIAL CONFLICT OF INTEREST POLICY IS AVAILABLE ON THE ALLEN INSTITUTE WEBSITE. FORM 990, PART IX, LINE 11G OUTSIDE SERVICES AND CONSULTANTS: PROGRAM SERVICE EXPENSES 16,139,030. MANAGEMENT AND GENERAL EXPENSES 2,652,332. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,791,362.