2022-11-14T05:28:07-06:00 2021-12-31 366055558 GRANT THORNTON LLP 75 STATE ST 13TH FLOOR BOSTON MA 02109 990 2021-01-01 223195349 FIDELITY NON-PROFIT MANAGEMENT FOUNDATION FIDE 6176467418 7 WATER STREET BOSTON MA 02109 MAURA MARX PRESIDENT 6176467418 2022-11-14 1 MAURA MARX XXX-XX-XXXX ERIN COUTURE P01390592 6177237900 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z MAURA MARX 7 WATER STREET BOSTON MA 02109 335104894 0 X N/A X 1992 DE SEE PART III LINE 1 5 4 0 0 0 0 15669095 85781731 0 0 96299771 171094517 11466 0 111980332 256876248 72392290 73377277 0 0 1947096 2769159 0 0 0 654027 951797 74993413 77098233 36986919 179778015 2058127832 2237901889 0 0 2058127832 2237901889 X MAKING GRANTS AND CONDUCTING SUPPORTING ACTIVITIES EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM ONE OR MORE OF THE FUNCTIONS OF, OR TO CARRY OUT ONE OR MORE OF THE PURPOSES OF, SUPPORTED ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) AND 509(A)(1) OR (2) OF THE CODE THAT CONDUCT ACTIVITIES IN ARTS AND CULTURE, EDUCATION, OR MEDICAL RESEARCH AND HEALTHCARE, WITH EMPHASIS ON ENCOURAGING THE HIGHEST STANDARDS OF NON-PROFIT MANAGEMENT. 0 0 76165628 73377277 GRANT MAKING TO SUPPORT ARTS AND CULTURE, EDUCATION, MEDICAL RESEARCH AND HEALTHCARE, WITH EMPHASIS ON ENCOURAGING THE HIGHEST STANDARDS OF NON-PROFIT MANAGEMENT. 76165628 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 6 0 1 0 0 0 0 0 0 0 0 0 0 0 X 5 4 1 1 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X DANIEL M ARDITO 6036814291 11 KEEWAYDIN DRIVE SUITE 100 SALEM NH 03079 SUSAN HOCKFIELD DIRECTOR 5.00 0.00 X X 12000 597547 0 THOMAS R POWERS DIRECTOR & VP 5.00 0.00 X X 12000 0 0 ROBERT A RADLOFF DIRECTOR & VP 5.00 0.00 X X 11000 0 0 EDWARD C JOHNSON IV DIRECTOR & CHAIRMAN 5.00 0.00 X X 0 0 0 ELIZABETH B JOHNSON DIRECTOR 5.00 0.00 X 0 0 0 MAURA MARX PRESIDENT 20.00 0.00 X 419704 0 30205 DANIEL M ARDITO TREASURER 17.00 0.00 X 191336 0 32119 CHRISTOPHER J MCKOWN SECRETARY 5.00 0.00 X 0 0 0 MELANIE S SOMMER ASST. SECRETARY/LEGAL COUNSEL 5.00 0.00 X 0 0 0 CAROLINE NOLAN PROGRAM DIRECTOR 32.00 0.00 X 197028 0 44004 CANDACE TEBBENKAMP SR PROGRAM OFFICER, MEDICAL SCIENCE & HEALTH 36.00 0.00 X 205824 0 3046 KEVIN DA SILVA DIRECTOR, MEDICAL SCIENCE & HEALTH 36.00 0.00 X 188073 0 7298 LYDIA BERGEN VP, OPERATIONS 20.00 0.00 X 152734 0 27496 BARBARA SULLIVAN VP, PROGRAM STRATEGY & IMPACT 16.00 0.00 X 120930 0 16771 1510629 597547 160939 11 0 1 0 0 85781731 85781731 150613354 150613354 98709809 78228646 20481163 20481163 20481163 256876248 0 0 171094517 73377277 73377277 2769159 2769159 119623 119623 66570 66570 300830 300830 3343 3343 89582 89582 19192 19192 16444 16444 RECRUITING 247483 247483 DUES AND SUBSCRIPTIONS 86258 86258 STATE FILING FEES 2472 2472 77098233 76165628 932605 0 70898621 22957095 780030 754149 1850535646 2078277110 135913535 135913535 2058127832 2237901889 0 0 X 2058127832 2237901889 2058127832 2237901889 2058127832 2237901889 X 179778015 -3958 X X 0 1 X 1 0 X X 3 MASSACHUSETTS INSTITUTE OF TECHNOLOGY 042103594 2 1 5525000 0 BAYLOR COLLEGE OF MEDICINE 741613878 2 1 3500000 0 MUSEUM OF FINE ARTS 042103607 7 1 0 0 3 9025000 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 SCHEDULE A, PART IV, SECTION A, LINE 1: THE SUPPORTED ORGANIZATIONS ARE DESIGNATED BY PURPOSE OR CLASS IN THE ORGANIZATION'S ARTICLES. THE MEMBERS WHICH ELECT A MAJORITY OF THE ORGANIZATION'S DIRECTORS AND CONTROL THE ORGANIZATION ARE ALL PUBLICLY SUPPORTED ORGANIZATIONS WHICH ARE LISTED BY NAME IN THE ORGANIZATION'S GOVERNING DOCUMENTS AND WHICH FALL WITHIN THE CLASS OF SUPPORTED ORGANIZATIONS THAT THEY REPRESENT. SCHEDULE A, PART IV, SECTION A, LINE 9C: DISQUALIFIED PERSONS WITH RESPECT TO THE ORGANIZATION ARE ACTIVE INVESTORS IN THE PUBLIC SECURITIES MARKETS AND THERE MAY BE NUMEROUS INSTANCES WHERE THERE IS OVERLAP BETWEEN THE HOLDINGS IN THE STOCK PORTFOLIOS OF DISQUALIFIED PERSONS AND THE STOCK PORTFOLIO OF THE ORGANIZATION. NEVERTHELESS, THE ORGANIZATION IS CONFIDENT THAT ANY OVERLAP IS COINCIDENTAL AND NO DISQUALIFIED PERSON DERIVED ANY BENEFIT FROM THE ORGANIZATION'S INVESTMENT. THE ORGANIZATION ALSO OWNS APPROXIMATELY 4.9% OF THE STOCK OF FIL LTD. A NON-PUBLICLY TRADED ENTITY IN WHICH A DISQUALIFIED PERSON INDIRECTLY HOLDS A NON-CONTROLLING INTEREST. NO DISQUALIFIED PERSON DERIVES ANY BENEFIT AS A RESULT OF THE ORGANIZATION'S INVESTMENTS. UNDER THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, ANY INVESTMENT DECISION OF THE FOUNDATION TO MAKE AN INVESTMENT IN A SECURITY IN WHICH A DISQUALIFIED PERSON MAY HOLD AN INTEREST (OTHER THAN NON-MATERIAL HOLDINGS OF PUBLICLY AVAILABLE SECURITIES OR MUTUAL FUNDS) WOULD BE MADE EXCLUSIVELY BY THE INDEPENDENT TRUSTEES WHO REPRESENT THE CONTROLLING SUPPORTED ORGANIZATIONS. SCHEDULE A, PART IV, SECTION B, LINE 2: THE ORGANIZATION MADE GRANTS AMONG ITS SUPPORTED ORGANIZATIONS DESIGNATED BY CLASS. SEE DESCRIPTION FOR SECTION A, ITEM 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 ERS 133161435 C FIL EQUITY 2752100 C 135913535 X 529048000 272924259 272924259 256123741 752507 752507 256876248 82163000 5064767 5064767 77098233 0 77098233 PART X, LINE 2: A TAX QUALIFICATION DETERMINATION LETTER HAS BEEN RECEIVED FROM THE INTERNAL REVENUE SERVICE INDICATING THAT THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) AND AS A SUPPORTING ORGANIZATION DESCRIBED IN SECTION 509(A)(3) OF THE CODE. THE FOUNDATION RECOGNIZES A TAX BENEFIT OR CHARGE FROM AN UNCERTAIN POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WOULD BE SUSTAINED UPON EXAMINATION. AS OF DECEMBER 31, 2021, THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION, DERECOGNITION, OR DISCLOSURE. PART XI, LINE 4B - OTHER ADJUSTMENTS: ACCRUAL TO CASH ADJUSTMENT PART XII, LINE 2D - OTHER ADJUSTMENTS: ACCRUAL TO CASH ADJUSTMENT 1 ADOPT-A-STUDENT FOUNDATION 88 BLACK FALCON AVE SE 167 V1B BOSTON MA 02110 046665080 501C3 3000000 0 SCHOLARSHIPS ALZHEIMER'S DISEASE AND RELATED DISORDERS ASSOCIATION INC 225 NORTH MICHIGAN AVENUE SUITE 1700 CHICAGO IL 60601 133039601 501C3 10000000 0 MEDICAL RESEARCH ALZHEIMER'S DRUG DISCOVERY FOUNDATION 57 WEST 57TH STREET SUITE 904 NEW YORK NY 10019 201082179 501C3 5000000 0 MEDICAL RESEARCH ARLINGTON STREET CHURCH 351 BOYLSTON STREET BOSTON MA 02116 042147961 501C3 500000 0 CONSTRUCTION BAYLOR COLLEGE OF MEDICINE ONE BAYLOR PLAZA HOUSTON TX 77030 741613878 501C3 2250000 0 MEDICAL RESEARCH BAYLOR COLLEGE OF MEDICINE ONE BAYLOR PLAZA HOUSTON TX 77030 741613878 501C3 750000 0 PROGRAM DEVELOPMENT BAYLOR COLLEGE OF MEDICINE ONE BAYLOR PLAZA HOUSTON TX 77030 741613878 501C3 500000 0 OPERATING SUPPORT BOSTON MEDICAL CENTER CORPORATION ONE BOSTON MEDICAL CENTER PLACE BOSTON MA 021182908 043314093 501C3 900000 0 TECHNOLOGY BOTTOM LINE INC 50 MILK STREET 16TH FLOOR BOSTON MA 02109 043351427 501C3 500000 0 TECHNOLOGY BRAVEN INC 100 N LA SALE STREET SUITE 310 CHICAGO IL 60602 464340594 501C3 500000 0 TECHNOLOGY CATHEDRAL HIGH SCHOOL INC 74 UNION PARK STREET BOSTON MA 02118 562438574 501C3 250000 0 CONSULTING CHILDREN'S HOSPITAL BOSTON 300 LONGWOOD AVENUE BOSTON MA 02115 042774441 501C3 326453 0 MEDICAL RESEARCH CHURCH OF THE COVENANT 67 NEWBURY STREET BOSTON MA 02116 131957221 501C3 200000 0 CONSERVATION COASTAL MAINE BOTANICAL GARDENS INC PO BOX 234 132 BOTANICAL GARDENS DRIVE BOOTHBAY ME 04537 010476545 501C3 4000000 0 CONSTRUCTION COLD SPRING HARBOR LABORATORY 1 BUNGTOWN ROAD COLD SPRING HARBOR NY 11724 112013303 501C3 675000 0 MEDICAL RESEARCH COLLEGE FOR SOCIAL INNOVATION INC 89 SOUTH STREET SUITE 407 BOSTON MA 02111 474425987 501C3 225000 0 CONSULTING COMMON APP 3003 WASHINGTON BLVD SUITE 1000 ARLINGTON VA 22201 912170737 501C3 500000 0 TECHNOLOGY CRISTO REY NETWORK 11 EAST ADAMS STREET SUITE 800 CHICAGO IL 60603 043730980 501C3 350000 0 TECHNOLOGY DUET INC 50 MILK STREET SUITE 600 16TH FL BOSTON MA 02110 320568985 501C3 800000 0 TECHNOLOGY EAST BOSTON SOCIAL CENTERS INC 68 CENTRAL SQUARE EAST BOSTON MA 02128 042104257 501C3 225000 0 CONSTRUCTION EDNAVIGATOR INC 1024 MONROE AVENUE RIVER FOREST IL 60305 473909778 501C3 500000 0 TECHNOLOGY EPIPHANY SCHOOL INC 154 CENTRE STREET DORCHESTER MA 02124 043391788 501C3 118500 0 SALARY SUPPORT ESSEX NORTH SHORE AGRICULTURAL TECHNICAL FOUNDATION INC PO BOX 305 BEVERLY MA 019150006 271237978 501C3 340000 0 EQUIPMENT FIRST BAPTIST CHURCH OF BOSTON 110 COMMONWEALTH AVENUE BOSTON MA 02116 042214868 501C3 250000 0 CONSTRUCTION GEORGIA STATE UNIVERSITY FOUNDATION INC PO BOX 2668 ATLANTA GA 30301 586033185 501C3 2500000 0 CONSTRUCTION GIRLS WHO CODE INC 28 WEST 23RD STREET 7TH FLOOR NEW YORK NY 10010 300728021 501C3 250000 0 TECHNOLOGY HARVARD MEDICAL SCHOOL 25 SHATTUCK STREET BOSTON MA 02115 042103580 501C3 1240000 0 MEDICAL RESEARCH HARVARD NEURODISCOVERY CENTER INC HARVARD MEDICAL SCHOOL 220 LONGWOOD AVENUE BOSTON MA 02115 311745145 501C3 1267974 0 MEDICAL RESEARCH INNERCITY WEIGHTLIFTING INC PO BOX 171313 BOSTON MA 021171543 271333425 501C3 250000 0 CONSULTING JEWISH VOCATIONAL SERVICE INC 75 FEDERAL STREET 3RD FLOOR BOSTON MA 02110 042104357 501C3 500000 0 TECHNOLOGY JOBS FOR THE FUTURE INC 88 BROAD STREET BOSTON MA 02110 061164568 501C3 1100000 0 TECHNOLOGY MASSACHUSETTS GENERAL HOSPITAL 125 NASHUA STREET SUITE 540 BOSTON MA 02114 041564655 501C3 500000 0 PROGRAM DEVELOPMENT MASSACHUSETTS INSTITUTE OF TECHNOLOGY 77 MASSACHUSETTS AVENUE CAMBRIDGE MA 02139 042103594 501C3 100000 0 SALARY SUPPORT MASSACHUSETTS INSTITUTE OF TECHNOLOGY 77 MASSACHUSETTS AVENUE CAMBRIDGE MA 02139 042103594 501C3 1275000 0 PROGRAM DEVELOPMENT MASSACHUSETTS INSTITUTE OF TECHNOLOGY 77 MASSACHUSETTS AVENUE CAMBRIDGE MA 02139 042103594 501C3 4150000 0 MEDICAL RESEARCH MASSACHUSETTS MUSEUM OF CONTEMPORARY ART FOUNDATION 1040 MASS MOCA WAY NORTH ADAMS MA 01247 043113688 501C3 2132000 0 CONSTRUCTION MENTOR THE NATIONAL MENTORING PARTNERSHIP INC 201 SOUTH STREET SUITE 615 BOSTON MA 02111 521674088 501C3 325000 0 TECHNOLOGY MUSEUM OF SCIENCE 1 SCIENCE PARK BOSTON MA 021141099 042103916 501C3 3000000 0 TECHNOLOGY NEIGHBORHOOD VILLAGES INC 64 SIGOURNEY STREET JAMAICA PLAIN MA 02130 821859365 501C3 245500 0 TECHNOLOGY NEW ENGLAND HISTORIC GENEALOGICAL SOCIETY INC 99-101 NEWBURY STREET BOSTON MA 02116 042104757 501C3 2500000 0 CONSTRUCTION NOW AND THERE INC PO BOX 52557 BOSTON MA 02111 042712823 501C3 40000 0 CONSULTING OLD STURBRIDGE VILLAGE 1 OLD STURBRIDGE VILLAGE ROAD STURBRIDGE MA 01566 042104809 501C3 2500000 0 ENDOWMENT ONEGOAL 180 N WABASH AVE STE 800 CHICAGO IL 60601 562369898 501C3 900000 0 TECHNOLOGY PENNSYLVANIA STATE UNIVERSITY 201 OLD MAIN UNIVERSITY PARK PA 16802 246000376 115 225000 0 PROGRAM SUPPORT PER SCHOLAS INC 804 EAST 138TH STREET 2ND FLOOR BRONX NY 10454 043252955 501C3 890000 0 ORGANIZATIONAL DEVELOPMENT PROPEL AMERICA 800 BOYLSTON STREET BOSTON MA 02199 831867782 501C3 125000 0 TECHNOLOGY PUBLIC ART FUND INC ONE EAST 53RD STREET NEW YORK NY 10022 132898805 501C3 400000 0 CONSULTING RHODE ISLAND SCHOOL OF DESIGN TWO COLLEGE STREET PROVIDENCE RI 02903 050258956 501C3 4000000 0 CONSTRUCTION SOUTHEASTERN REGIONAL SCHOOL FOUNDATION INC 250 FOUNDRY STREET SOUTH EASTON MA 023751780 820874353 501C3 250000 0 TECHNOLOGY STEPPINGSTONE FOUNDATION INC ONE APPLETON STREET 4TH FLOOR BOSTON MA 02116 043086666 501C3 1250000 0 ENDOWMENT THE PAUL REVERE MEMORIAL ASSOCIATION 19 NORTH SQUARE BOSTON MA 02113 042104820 501C3 200000 0 OPERATING SUPPORT THE SHED THE BLOOMBERG BUILDING 545 WEST 30TH STREET NEW YORK NY 10001 900884353 501C3 2500000 0 CONSTRUCTION TUFTS UNIVERSITY BALLOU HALL MEDFORD MA 02155 042103634 501C3 300000 0 ENDOWMENT UNITARIAN UNIVERSALIST URBAN MINISTRY 10 PUTNAM STREET ROXBURY MA 02119 042105897 501C3 500000 0 CONSTRUCTION UNIVERSITY OF MASSACHUSETTS FOUNDATION INC ONE BEACON STREET 31ST FLOOR BOSTON MA 02108 046013152 501C3 635800 0 CONSULTING UTEC INC PO BOX 7066 LOWELL MA 01852 383669532 501C3 110000 0 CONSTRUCTION WORCESTER EDUCATIONAL DEVELOPMENT FOUNDATION INC 210 PARK AVENUE SUITE 224 WORCESTER MA 016092246 562522670 501C3 300000 0 EQUIPMENT WORLD MONUMENTS FUND INC 350 FIFTH AVENUE NEW YORK NY 10118 132571900 501C3 256050 0 PROGRAM SUPPORT YALE SCHOOL OF MEDICINE PO BOX 2038 NEW HAVEN CT 06521 060646973 501C3 3500000 0 MEDICAL RESEARCH YOUTHBUILD USA INC 1785 COLUMBUS AVE SUITE 500 ROXBURY MA 021191041 223076454 501C3 500000 0 TECHNOLOGY 56 0 PART I, LINE 2: THE ORGANIZATION MONITORS ITS GRANTS TO ENSURE THAT THEY ARE USED FOR THE INTENDED CHARITABLE PURPOSES AND ARE NOT OTHERWISE DIVERTED FROM THE INTENDED USE. GRANT RECIPIENTS ARE CHOSEN ON THE BASIS OF DETAILED WRITTEN DESCRIPTIONS OF THE INTENDED CHARITABLE USE OF FUNDS; PUBLIC CHARITY DETERMINATIONS; AND OCCASIONAL FIELD INVESTIGATIONS CONDUCTED BY THE ORGANIZATION'S STAFF. EACH GRANTEE PROVIDES DETAILED WRITTEN REPORTS OF THE EXPENDITURE OF GRANT FUNDS TO THE ORGANIZATION. GRANTS ARE ACCOUNTED FOR ON A CASH BASIS. 0 0 0 0 0 0 0 1 0 SUSAN HOCKFIELD DIRECTOR 12000 597547 0 0 0 0 0 0 0 0 12000 597547 0 0 MAURA MARX PRESIDENT 224454 0 195250 0 0 0 22942 0 7263 0 449909 0 0 0 CAROLINE NOLAN PROGRAM DIRECTOR 161828 0 35200 0 0 0 23126 0 20878 0 241032 0 0 0 DANIEL M ARDITO TREASURER 96136 0 95200 0 0 0 20370 0 11749 0 223455 0 0 0 CANDACE TEBBENKAMP SR PROGRAM OFFICER, MEDICAL SCIENCE 175899 0 29925 0 0 0 348 0 2698 0 208870 0 0 0 KEVIN DA SILVA DIRECTOR, MEDICAL SCIENCE & HEALTH 161824 0 26249 0 0 0 0 0 7298 0 195371 0 0 0 LYDIA BERGEN VP, OPERATIONS 115234 0 37500 0 0 0 24250 0 3246 0 180230 0 0 0 PART I, LINE 3 THE FOUNDATION ENGAGES FFSP LLC IN A COST SHARING ARRANGEMENT TO PROVIDE STAFF, ADMINISTRATIVE AND PROGRAM MANAGEMENT SUPPORT. FFSP ENTERED INTO WRITTEN COMPENSATION AGREEMENTS WITH ALL OF ITS EMPLOYEES ON THE DATE OF HIRE. THE COMPENSATION IN THE AGREEMENTS WERE ALL BASED ON THIRD-PARTY COMPARABILITY DATA COMPILED AND UPDATED IN 2020. IN 2020, THE FFSP COMPENSATION COMMITTEE RELIED ON THE SAME COMPARABILITY DATA WHEN MAKING YEAR END SALARY ADJUSTMENTS, DETERMINING YEAR-END BONUSES, AND AWARDING LONG-TERM COMPENSATION FOR 2021. AS A RESULT, THE PROCESS FOR DETERMINING THE COMPENSATION OF THE PRESIDENT AND THE TREASURER INCLUDED THE FOLLOWING: (1) PRIOR TO ENTERING INTO SUCH ARRANGEMENTS, APPROPRIATE COMPARABILITY DATA WAS OBTAINED AND USED, AND SUCH ARRANGEMENT WAS THEN REVIEWED AND APPROVED BY THE APPROPRIATE COMPENSATION COMMITTEE, OF WHICH ONLY INDEPENDENT PERSONS VOTED; AND (2) MINUTES FOR COMPENSATION COMMITTEE MEETINGS WERE PREPARED, PROVIDING CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION BY NOTING THE TERMS OF THE ARRANGEMENT AND DATE IT WAS APPROVED, THE COMMITTEE MEMBERS WHO WERE PRESENT AND THOSE WHO VOTED ON IT, AND THE COMPARABILITY DATA OBTAINED AND RELIED UPON BY THE COMMITTEE. PART I, LINE 7 THE ORGANIZATION PROVIDED A NON-FIXED PAYMENT FOR THE PRESIDENT AND TREASURER IN THE FORM OF A BONUS WHICH REFLECTED REASONABLE COMPENSATION. THE BONUS WAS NOT TIED TO THE NET REVENUES OF THE ORGANIZATION NOR WAS A JOINT VENTURE PRESENT. THE COMPENSATION COMMITTEE APPROVED AN EMPLOYMENT CONTRACT WITH THE EXECUTIVES THAT INCLUDED A YEAR END BONUS WITH A SPECIFIED CAP ON THE AMOUNT, THE COMPENSATION COMMITTEE HAS ESTABLISHED A REBUTTABLE PRESUMPTION AS TO THE NONFIXED PAYMENT WHEN THE EMPLOYMENT CONTRACT WAS ENTERED INTO BY, IN EFFECT, ASSUMING THAT THE MAXIMUM AMOUNT PAYABLE UNDER THE CONTRACT WOULD BE PAID, AND SATISFYING THE REQUIREMENTS GIVING RISE TO THE REBUTTABLE PRESUMPTION FOR THAT MAXIMUM AMOUNT. 26 C.F.R. 53.4958-6(D)(2) FORM 990, PART VI, SECTION A, LINE 2 ELIZABETH B JOHNSON EDWARD C JOHNSON IV CHRISTOPHER J MCKOWN FAMILY RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 3 THE FOUNDATION ENGAGES FFSP LLC IN A COST SHARING ARRANGEMENT TO PROVIDE STAFF, ADMINISTRATIVE AND PROGRAM MANAGEMENT SUPPORT. IN ADDITION, PROGRAM MANAGEMENT AND GRANTS ADMINISTRATION SERVICES WERE PROVIDED TO THE FOUNDATION UNDER AN ADMINISTRATIVE SERVICES CONTRACT BY FMR LLC, WHICH IS A SUBSTANTIAL CONTRIBUTOR TO THE FOUNDATION. FMR LLC PROVIDED THESE SERVICES TO THE FOUNDATION AT NO CHARGE. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE ORGANIZATION ELECT MEMBERS OF THE BOARD OF TRUSTEES PERIODICALLY AND/OR WHEN VACANCIES ARISE. FORM 990, PART VI, SECTION A, LINE 7A THE TRUSTEES ARE ELECTED BY VOTE PERIODICALLY AND/OR WHEN VACANCIES ARISE, BY THE MEMBERS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO EACH OF THE MEMBERS OF THE GOVERNING BODY. THE ENTIRE FORM 990 IS REVIEWED BY THE MEMBERS OF THE AUDIT COMMITTEE. OFFICERS OF THE ORGANIZATION AS WELL AS THE PAID PREPARER REVIEW THE FORM 990 WITH THE MEMBERS OF THE AUDIT COMMITTEE BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND TRUSTEES SIGN AN ANNUAL STATEMENT ATTESTING THAT THEY ARE IN COMPLIANCE WITH THE ORGANIZATION'S WRITTEN CONFLICT OF INTEREST POLICY AND DISCLOSE RELEVANT FINANCIAL INTERESTS AND AFFILIATIONS WITH POTENTIAL GRANTEES. IN INSTANCES WHERE THE BOARD DETERMINES THE EXISTENCE OF A CONFLICT, PARTICIPATION IN THE BOARD'S DELIBERATIONS AND DECISIONS IS LIMITED TO DISINTERESTED TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION ENGAGES FFSP LLC IN A COST SHARING ARRANGEMENT TO PROVIDE STAFF, ADMINISTRATIVE AND PROGRAM MANAGEMENT SUPPORT. FFSP ENTERED INTO WRITTEN COMPENSATION AGREEMENTS WITH ALL OF ITS EMPLOYEES ON THE DATE OF HIRE. THE COMPENSATION IN THE AGREEMENTS WERE ALL BASED ON THIRD-PARTY COMPARABILITY DATA COMPILED AND UPDATED IN 2021. IN 2021, THE FFSP COMPENSATION COMMITTEE RELIED ON THE SAME COMPARABILITY DATA WHEN MAKING YEAR END SALARY ADJUSTMENTS, DETERMINING YEAR-END BONUSES, AND AWARDING LONG-TERM COMPENSATION FOR 2022. AS A RESULT, THE PROCESS FOR DETERMINING THE COMPENSATION OF THE PRESIDENT AND THE TREASURER INCLUDED THE FOLLOWING: (1) PRIOR TO ENTERING INTO SUCH ARRANGEMENTS, APPROPRIATE COMPARABILITY DATA WAS OBTAINED AND USED, AND SUCH ARRANGEMENT WAS THEN REVIEWED AND APPROVED BY THE APPROPRIATE COMPENSATION COMMITTEE, OF WHICH ONLY INDEPENDENT PERSONS VOTED; AND (2) MINUTES FOR COMPENSATION COMMITTEE MEETINGS WERE PREPARED, PROVIDING CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION BY NOTING THE TERMS OF THE ARRANGEMENT AND DATE IT WAS APPROVED, THE COMMITTEE MEMBERS WHO WERE PRESENT AND THOSE WHO VOTED ON IT, AND THE COMPARABILITY DATA OBTAINED AND RELIED UPON BY THE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE GENERAL PUBLIC ON FILE WITH THE OFFICE OF THE MASSACHUSETTS ATTORNEY GENERAL. FORM 990, PART XI, LINE 9: ACCRUAL TO CASH ADJUSTMENT -3,958. FORM 990 PART XII LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE UNDER ITS GOVERNING DOCUMENTS FOR (I) OVERSEEING THE COMPILATION, REVIEW, OR AUDIT OF THE FINANCIAL STATEMENTS; AND (II) THE SELECTION OF AN INDEPENDENT ACCOUNTANT THAT COMPILED, REVIEWED, OR AUDITED THE STATEMENTS. THIS PROCESS HAS NOT CHANGED FROM THE` PRIOR YEAR. MASSACHUSETTS INSTITUTE OF TECHNOLOGY 292 MAIN STREET CAMBRIDGE MA 02139 042103594 EDUCATION MA 501C(3) 2 NOT APPLICABLE 0 MUSEUM OF FINE ARTS 465 HUNTINGTON AV BOSTON MA 02115 042103607 CULTURE MA 501C(3) 7 NOT APPLICABLE 0 BAYLOR COLLEGE OF MEDICINE ONE BAYLOR PLAZA HOUSTON TX 77030 741613878 MEDICAL TX 501C(3) 2 NOT APPLICABLE 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0