THE MULTIPLE MYELOMA RESEARCH FOUNDATION INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
THE MULTIPLE MYELOMA RESEARCH FOUNDATION INC (EIN 06-1504413)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-08
IRS object ID
202233129349303178
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 ReturnHeader

FieldValueIRS element (for citing)
Return2022-11-08T13:12:17-06:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN271728945PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PKF O'CONNOR DAVIES LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13001 SUMMER STREET 5TH FLOOR EASTAddressLine1Txt
CitySTAMFORDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06905ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN061504413EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE MULTIPLE MYELOMA RESEARCHBusinessNameLine1Txt
Business Name Line2FOUNDATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlMULTBusinessNameControlTxt
Phone2032290464PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1383 MAIN AVE 5TH FLAddressLine1Txt
CityNORWALKCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06851ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROBERT MIANIPersonNm
Person TitleTREASURER/CFOPersonTitleTxt
Phone2032290464PhoneNum
Signature2022-11-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstROBERTPersonFirstNm
Person LastMIANIPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGARRETT M HIGGINSPreparerPersonNm
PTINP00543209PTIN
Phone2033232400PhoneNum
Preparation2022-11-08PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMICHAEL ANDREINIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1383 MAIN AVE 5TH FLAddressLine1Txt
CityNORWALKCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06851ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$137,690,657GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.THEMMRF.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1998FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionSEE SCHEDULE OActivityOrMissionDesc
Voting Members Governing Body18VotingMembersGoverningBodyCnt
Voting Members Independent17VotingMembersIndependentCnt
Total Employee74TotalEmployeeCnt
Total Volunteers343TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$25,012,712PYContributionsGrantsAmt
CY Contributions Grants$37,089,868CYContributionsGrantsAmt
PY Program Service Revenue$2,546,093PYProgramServiceRevenueAmt
CY Program Service Revenue$2,348,850CYProgramServiceRevenueAmt
PY Investment Income-$1,530,381PYInvestmentIncomeAmt
CY Investment Income$2,872,478CYInvestmentIncomeAmt
PY Other Revenue$758,795PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$26,787,219PYTotalRevenueAmt
CY Total Revenue$42,311,196CYTotalRevenueAmt
PY Grants And Similar Paid$1,830,765PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$6,629,658CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$8,945,794PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$11,130,870CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$3,821,015CYTotalFundraisingExpenseAmt
PY Other Expenses$17,769,173PYOtherExpensesAmt
CY Other Expenses$19,886,535CYOtherExpensesAmt
PY Total Expenses$28,545,732PYTotalExpensesAmt
CY Total Expenses$37,647,063CYTotalExpensesAmt
PY Revenues Less Expenses-$1,758,513PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$4,664,133CYRevenuesLessExpensesAmt
Total Assets BOY$73,276,923TotalAssetsBOYAmt
Total Assets EOY$85,401,847TotalAssetsEOYAmt
Total Liabilities BOY$20,009,693TotalLiabilitiesBOYAmt
Total Liabilities EOY$28,167,047TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$53,267,230NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$57,234,800NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE OMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$6,057,158ExpenseAmt
Grant$6,057,158GrantAmt
DescTHE MULTIPLE MYELOMA RESEARCH FOUNDATION (MMRF) SUPPORTS INVESTIGATORS AND SCIENTIFIC PROJECTS THROUGH A NUMBER OF RESEARCH GRANTS. THE GOAL OF THIS INITIATIVE IS TO ACCELERATE THE DEVELOPMENT OF THERAPEUTIC APPROACHES FOR MYELOMA THROUGH OUR UNIQUE END-TO-END MODEL THAT SUPPORTS EFFORTS IN BASIC SCIENCE OR TRANSLATION RESEARCH.IN 2021, THE MMRF CONTINUED TO BUILD OUT THE MMRF IMMUNE ATLAS INITIATIVE ("THE ATLAS"), AN IMMUNE PROFILING AND ANALYTICS PLATFORM USING DATA AND SAMPLES FROM THE COMMPASS STUDY TO GENERATE DATA ON THE ROLE OF PATIENT IMMUNITY IN MYELOMA DISEASE BIOLOGY AND RESPONSE TO THERAPY, AND TO SUPPORT AND SPEED EFFORTS TO MAKE IMMUNOTHERAPY MORE PRECISE TO LEVERAGE IMMUNOTHERAPY FOR THE TREATMENT OF MULTIPLE MYELOMA. THE IMMUNE ATLAS WILL DESCRIBE THE IMMUNE LANDSCAPE IN MYELOMA AND HOW IT CHANGES THROUGHOUT THE COURSE OF THE DISEASEAND TREATMENT. THIS EFFORT IS A CRITICAL FIRST STEP TO ESTABLISH STANDARDS AND ALIGNMENT ON HOW IMMUNE DATA IS PRODUCED, PRIORITIZED, AGGREGATED, AND SHARED. AT SCALE, IT HAS THE POTENTIAL TO IDENTIFY NEW IMMUNOLOGIC FACTORS PREDICTIVE OF PATIENT RESPONSE OR RELAPSE TO THERAPY, TO IDENTIFY NEW IMMUNE TARGETS FOR DRUG DEVELOPMENT AND, EVENTUALLY, ENABLE CLINICIANS TO CUSTOMIZE TREATMENTS AND THERAPIES BASED ON AN INDIVIDUAL'S IMMUNE SYSTEM.IN JULY 2020, THE MMRF LAUNCHED THE MMRF CURECLOUD ("CURECLOUD"), A DIRECT-TO-PATIENT REGISTRY THAT OFFERS PATIENTS THE FIRST AT-HOME GENOMIC TESTING PROGRAM AND THE RETURN OF A CLINICAL GRADE REPORT THAT CAN BE USED TO IDENTIFY TREATMENTS AND TRIALS THAT MAY BE RIGHT FOR THEIR CARE. THE AGGREGATED CURECLOUD DATA WILL ALSO BE USED TO DRIVE NEW SCIENTIFIC DISCOVERIES FOR RESEARCHERS THAT WILL GUIDE THE DEVELOPMENT OF NEW TREATMENTS AND CARE PATHWAYS TO IMPROVE OUTCOMES FOR ALL PATIENTS. THE MMRF PLANS TO RECRUIT 5,000 PATIENTS WITH SMOLDERING AND ACTIVE MULTIPLE MYELOMA, WITH 890 PATIENTS ENROLLED BY THE END OF 2021.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$4,175,880ExpenseAmt
Grant$572,500GrantAmt
Revenue$2,348,850RevenueAmt
DescA KEY COMPONENT OF OUR RESEARCH PROGRAMS HAS BEEN OUR ABILITY TO PARTNER WITH OUR NETWORK OF LEADING ACADEMIC MYELOMA CENTERS THROUGH THE MMRC (MULTIPLE MYELOMA RESEARCH CONSORTIUM). THE MMRC IS A NETWORK OF 21 LEADING CANCER CENTERS AND ADDRESSES THREE CRITICAL AREAS OF UNMET NEED: HIGH-RISK SMOLDERING MYELOMA, HIGH-RISK UPFRONT TREATMENT FOR SYMPTOMATIC MULTIPLE MYELOMA, AND RELAPSED/REFRACTORY TREATMENT AFTER ANTI-CD38 AND BCMA-DIRECTED THERAPIES.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$3,706,744ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescTHE MMRF-SPONSORED COMMPASS STUDY COMMENCED IN 2011, AND 1,150 NEWLY DIAGNOSED, UNTREATED PATIENTS WITH ACTIVE MULTIPLE MYELOMA FROM 76 SITES (I.E., HOSPITALS, ACADEMIC MEDICAL CENTERS, AND OTHER COMMUNITY HEALTH CENTERS) IN FOUR COUNTRIES HAD BEEN ENROLLED BY 2015, AT WHICH TIME THE STUDY WAS CLOSED TO NEW PATIENT RECRUITMENT. PATIENTS ARE FOLLOWED FOR EIGHT YEARS THROUGH 2023. NO EXPERIMENTAL TREATMENTS ARE TESTED IN THE STUDY; RATHER, PATIENTS ARE PRESCRIBED STANDARD OF CARE AGENTS BY THEIR PHYSICIAN, AND BLOOD AND BONE MARROW SAMPLES ARE TAKEN FROM THE PATIENTS WHEN THERE IS A CHANGE IN THEIR DISEASE STATUS. THE TISSUE SAMPLES COLLECTED ARE PLACED IN A BIOBANK. AN UNRELATED, THIRD PARTY, NOT-FOR-PROFIT BIOMEDICAL RESEARCH INSTITUTE THEN PERFORMS LABORATORY TESTS ON A PORTION OF EACH OF THE SAMPLES RESULTING IN GENOMIC DATA ABOUT EACH PATIENT. THE MMRF LAUNCHED A SIMILAR SAMPLE/DATA SHARING COLLABORATION WITH EASTERN COOPERATIVE ONCOLOGY GROUP (THE "ECOG"). THE FINDINGS CANNOT BE PATENTED, AND ALL THE DATA ARE PLACED ON A PUBLIC PORTAL (THE MMRF RESEARCHER GATEWAY). THE RESULTING DATA REPOSITORY IS THE MOST COMPREHENSIVE CATALOG OF MULTIPLE MYELOMA AND CONTAINS THE GREATEST AMOUNT OF WHOLE GENOME SEQUENCING DATA OF ANY CANCER, ACCESSIBLE TO ANY RESEARCHER IN THE WORLD. IT WILL PROVIDE FOR MORE INFORMATION THAN IS AVAILABLE FROM CURRENT CANCER TISSUE BANKS THAT TYPICALLY INCLUDE ONLY ONE SAMPLE PER PATIENT.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$18,592,347ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescIN ADDITION TO THE PROGRAM EXPENSES DESCRIBED ABOVE, CORRESPONDING ACTIVITIES IN ALIGNMENT WITH THE OVERALL GOALS OF THE ORGANIZATION ARE ALSO SUPPORTED. THESE INCLUDE A PORTFOLIO OF CUTTING-EDGE RESEARCH PROGRAMS IN BASIC SCIENCE, WHICH IDENTIFIES NEW TARGETS THROUGH GENOMICS AND PROTEOMICS RESEARCH; VALIDATION STUDIES, WHICH IDENTIFY NEW COMPOUNDS AND COMBINATIONS IN RESEARCH MODELS BASED ON HIGH-PRIORITY TARGETS; AND INNOVATIVE CLINICAL TRIALS OF NOVEL AND COMBINATION TREATMENTS. AS A PATIENT-FOUNDED ORGANIZATION, THE MMRF STANDS TOGETHER WITH THOSE WHO ARE BATTLING MULTIPLE MYELOMA - PATIENTS, FAMILIES, PHYSICIANS, RESEARCHERS, AND INVESTORS. AT THE SAME TIME, THE MMRF STANDS APART WITH ITS INNOVATIVE APPROACH. THE MMRF GENERATES, INTERPRETS, AND ACTIVATES THE LARGEST COLLECTION OF HIGH-QUALITY DATA AND PLACES IT IN THE PUBLIC DOMAIN. THE MMRF ORCHESTRATES THE PEOPLE, PROGRAMS, AND TECHNOLOGIES NECESSARY TO SPEED THE DISCOVERY OF A CURE.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$18,592,347TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$0TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$0TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$32,532,129TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related InvstYes (1)ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document44IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee74EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members18GoverningBodyVotingMembersCnt
Independent Voting Member17IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldALStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldARStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldRIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldUTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWVStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ROBERT MIANIBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2036520207PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1383 MAIN AVE 5TH FLOORAddressLine1Txt
CityNORWALKCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06851ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
KATHY GIUSTI
FOUNDER & CHIEF MISSION OFFICER45.00Yes (X)$612,455$0$12,770
MICHAEL MORTIMER
CHAIRMAN2.00Yes (X)$0$0$0Yes (X)
LORI TAUBER-MARCUS
VICE CHAIRMAN2.00Yes (X)$0$0$0Yes (X)
KENNETH ANDERSON MD
DIRECTOR2.00Yes (X)$0$0$0
KAREN ANDREWS
DIRECTOR2.00Yes (X)$0$0$0
THOMAS CONHEENEY
DIRECTOR2.00Yes (X)$0$0$0
RODNEY GILMORE
DIRECTOR2.00Yes (X)$0$0$0
W DANA LAFORGE
DIRECTOR, THRU DEC. 20212.00Yes (X)$0$0$0
DAVID LUCCHINO
DIRECTOR2.00Yes (X)$0$0$0
HUGH MARTIN
DIRECTOR2.00Yes (X)$0$0$0
SUSAN MARVIN
DIRECTOR2.00Yes (X)$0$0$0
GERALD MCDOUGALL
DIRECTOR2.00Yes (X)$0$0$0
WILLIAM MCKIERNAN
DIRECTOR2.00Yes (X)$0$0$0
DAVID PARKINSON MD
DIRECTOR2.00Yes (X)$0$0$0
MARIE PINIZZOTTO MD
DIRECTOR2.00Yes (X)$0$0$0
RODGER RINEY
DIRECTOR, THRU DEC. 20212.00Yes (X)$0$0$0
ADRIAN ROSENKRANZ
DIRECTOR2.00Yes (X)$0$0$0
STEVEN SHAK
DIRECTOR2.00Yes (X)$0$0$0
KIMBERLY WHITE
DIRECTOR2.00Yes (X)$0$0$0
MICHAEL REINERT
DIRECTOR, THRU APRIL 20212.00Yes (X)$0$0$0
MICHAEL ANDREINI
PRESIDENT & CEO45.00$357,361$0$19,860Yes (X)
ROBERT MIANI
TREASURER/CFO45.00$269,805$0$20,611Yes (X)
KAREN DIETZ
SECRETARY/IN-HOUSE COUNSEL45.00$217,152$0$18,778Yes (X)
ANNE QUINN YOUNG
CHIEF MARKETING & DEV. OFFICER45.00$265,892$0$18,743Yes (X)
DANIEL AUCLAIR
CHIEF SCIENTIFIC OFFICER, THRU DEC. 202145.00$226,883$0$10,551Yes (X)
STEVEN LABKOFF MD
CHIEF DATA OFFICER, THRU JULY 202145.00$211,331$0$26,029Yes (X)
PETER KOSA
MIF MANAGING DIRECTOR45.00$319,603$0$33,117Yes (X)
CHANTELLE BRINKLEY
DIR, OFFICE OF THE FOUNDER, THRU DEC. 202145.00$215,142$0$8,356Yes (X)
MINDY FLINN
VP OF DEVELOPMENT45.00$202,654$0$17,841Yes (X)
CHRISTOPHER WILLIAMS
VP OF BUSINESS DEVELOPMENT45.00$199,441$0$28,082Yes (X)
GREG RUBENSTEIN
VP OF MARKETING45.00$183,897$0$28,791Yes (X)
CATHERINE WACHIRA
CLINCAL RESEACH45.00$179,100$0$8,249Yes (X)
PAUL GIUSTI
FORMER PRESIDENT & CEO0.00$352,894$0$76Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,813,610TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$251,854TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K36IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
REDMEDED LLC
5 GREAT VALLEY PARKWAY SUITE 221MALVERNPA19355CONTINUING MEDICAL EDUCATION$2,168,520
TGEN
445 N FIFTH STREETPHOENIXAZ85004CONTRACT RESEARCH$964,532
PRECISION ONCOLOGY
PO BOX 75742BALTIMOREMD212755742CONTRACT RESEARCH$959,762
CLINICAL RESEARCH SEQUENCING PLATFORM L
415 MAIN STREETCAMBRIDGEMA02142CONTRACT RESEARCH$858,345
10X GENOMICS INC
6230 STONERIDGE MALL ROADPLEASANTONCA94588CONTRACT RESEARCH$717,968
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K35CntrctRcvdGreaterThan100KCnt
Government Grants$1,461,930GovernmentGrantsAmt
All Other Contributions$35,627,938AllOtherContributionsAmt
Noncash Contributions$789,542NoncashContributionsAmt
Total Contributions$37,089,868TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescRESEARCH & CLINICAL TRIALSDesc
Business541610BusinessCd
Total Revenue Column$2,348,850TotalRevenueColumnAmt
Related Or Exempt Func Income$2,348,850RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$2,348,850TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$100,955TotalRevenueColumnAmt
Exclusion$100,955ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$98,150,984SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$95,379,461SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$2,771,523SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,771,523TotalRevenueColumnAmt
Exclusion$2,771,523ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$42,311,196TotalRevenueColumnAmt
Related Or Exempt Func Income$2,348,850RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,872,478ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$6,584,658TotalAmt
Program Services$6,584,658ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$45,000TotalAmt
Program Services$45,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,640,941TotalAmt
Program Services$1,861,751ProgramServicesAmt
Management And General$267,398ManagementAndGeneralAmt
Fundraising$511,792FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$352,970TotalAmt
Program Services$248,828ProgramServicesAmt
Management And General$35,739ManagementAndGeneralAmt
Fundraising$68,403FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$7,064,425TotalAmt
Program Services$4,980,119ProgramServicesAmt
Management And General$715,280ManagementAndGeneralAmt
Fundraising$1,369,026FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$203,726TotalAmt
Program Services$143,619ProgramServicesAmt
Management And General$20,627ManagementAndGeneralAmt
Fundraising$39,480FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$279,318TotalAmt
Program Services$196,908ProgramServicesAmt
Management And General$28,281ManagementAndGeneralAmt
Fundraising$54,129FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$589,490TotalAmt
Program Services$415,566ProgramServicesAmt
Management And General$59,686ManagementAndGeneralAmt
Fundraising$114,238FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$1,249,249TotalAmt
Program Services$1,104,190ProgramServicesAmt
Management And General$24,656ManagementAndGeneralAmt
Fundraising$120,403FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$222,554TotalAmt
Program Services$196,712ProgramServicesAmt
Management And General$7,824ManagementAndGeneralAmt
Fundraising$18,018FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$57,967TotalAmt
Program Services$51,236ProgramServicesAmt
Management And General$2,038ManagementAndGeneralAmt
Fundraising$4,693FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$5,635,226TotalAmt
Program Services$4,933,071ProgramServicesAmt
Management And General$27,226ManagementAndGeneralAmt
Fundraising$674,929FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$901,453TotalAmt
Program Services$369,408ProgramServicesAmt
Management And General$19,201ManagementAndGeneralAmt
Fundraising$512,844FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,247,028TotalAmt
Program Services$1,113,122ProgramServicesAmt
Management And General$10,474ManagementAndGeneralAmt
Fundraising$123,432FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,106,913TotalAmt
Program Services$978,382ProgramServicesAmt
Management And General$38,914ManagementAndGeneralAmt
Fundraising$89,617FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$219,313TotalAmt
Program Services$193,847ProgramServicesAmt
Management And General$7,710ManagementAndGeneralAmt
Fundraising$17,756FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$226,614TotalAmt
Program Services$200,300ProgramServicesAmt
Management And General$7,967ManagementAndGeneralAmt
Fundraising$18,347FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$563,341TotalAmt
Program Services$521,059ProgramServicesAmt
Fundraising$42,282FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$999,369TotalAmt
Program Services$955,139ProgramServicesAmt
Management And General$15,359ManagementAndGeneralAmt
Fundraising$28,871FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$157,549TotalAmt
Program Services$139,255ProgramServicesAmt
Management And General$5,539ManagementAndGeneralAmt
Fundraising$12,755FundraisingAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
CLINICAL TRIALS$6,822,065$6,822,065
TISSUE BANKING$477,894$477,894

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$37,647,063TotalAmt
Program Services$32,532,129ProgramServicesAmt
Management And General$1,293,919ManagementAndGeneralAmt
Fundraising$3,821,015FundraisingAmt
FieldValueIRS element (for citing)
Joint CostsYes (X)JointCostsInd

Total Joint Costs TotalJointCostsGrp

FieldValueIRS element (for citing)
Total$193,984TotalAmt
Program Services$95,390ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$98,594FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$4,411,175BOYAmt
EOY$13,953,290EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$50,308,350BOYAmt
EOY$21,392,706EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$6,260,471BOYAmt
EOY$5,289,425EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$6,912,455BOYAmt
EOY$7,335,350EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$403,337BOYAmt
EOY$225,493EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$4,633,286LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,816,485LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,293,328BOYAmt
EOY$1,816,801EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$29,648,577EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$2,595,830BOYAmt
EOY$5,648,228EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$91,977BOYAmt
EOY$91,977EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$73,276,923BOYAmt
EOY$85,401,847EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$8,304,569BOYAmt
EOY$12,252,194EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$2,551,261BOYAmt
EOY$3,265,756EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$8,549,840BOYAmt
EOY$12,157,093EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$604,023BOYAmt
EOY$492,004EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$20,009,693BOYAmt
EOY$28,167,047EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$39,494,536BOYAmt
EOY$45,234,580EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$13,772,694BOYAmt
EOY$12,000,220EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$53,267,230BOYAmt
EOY$57,234,800EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$73,276,923BOYAmt
EOY$85,401,847EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$4,664,133ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$49,703NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$646,860OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$44,140,691CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$41,335,585CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$39,651,088CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$25,012,712CurrentTaxYearMinus1YearAmt
Current Tax Year$37,089,868CurrentTaxYearAmt
Total$187,229,944TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$44,140,691CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$41,335,585CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$39,651,088CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$25,012,712CurrentTaxYearMinus1YearAmt
Current Tax Year$37,089,868CurrentTaxYearAmt
Total$187,229,944TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$31,187,405SubstantialContributorsTotAmt
Public Support Total170$156,042,539PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$373,452CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,090,003CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,349,522CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$426,629CurrentTaxYearMinus1YearAmt
Current Tax Year$100,955CurrentTaxYearAmt
Total$3,340,561TotalAmt
FieldValueIRS element (for citing)
Total Support$190,570,505TotalSupportAmt
Gross Receipts Rltd Activities$19,313,913GrossReceiptsRltdActivitiesAmt
Public Support CY1700.81880PublicSupportCY170Pct
Public Support PY1700.76830PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$635,825OtherCostOrOtherBasisAmt
Depreciation$228,556DepreciationAmt
Book Value$407,269BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$372,411OtherCostOrOtherBasisAmt
Depreciation$145,303DepreciationAmt
Book Value$227,108BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,625,050OtherCostOrOtherBasisAmt
Depreciation$2,442,626DepreciationAmt
Book Value$1,182,424BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,816,801TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (6 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
CULLINAN MICA$615,386F
ABCURO$999,997F
INDAPTA$1,082,849F
FORTIS$500,000F
CYTOIMMUNE$1,999,995F
TRIUMVIRA$450,001F
FieldValueIRS element (for citing)
Total Book Value Program Rltd$5,648,228TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDEFERRED RENT EXPENSE PAYABLEDesc
Amt$492,004Amt
FieldValueIRS element (for citing)
Total Liability$492,004TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$41,540,179TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$49,703NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$726,437DonatedServicesAndUseFcltsAmt
Revenue Not Reported$676,734RevenueNotReportedAmt
Revenue Subtotal$40,863,445RevenueSubtotalAmt
Other Revenues Not Included$1,447,751OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$1,447,751RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$42,311,196TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$37,532,331TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$726,437DonatedServicesUseFcltsAmt
Expenses Not Reported$726,437ExpensesNotReportedAmt
Expenses Subtotal$36,805,894ExpensesSubtotalAmt
Other Expenses Not Included$841,169OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$841,169ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$37,647,063TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE MMRF RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE MMRF HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE.
PART XI, LINE 4B - OTHER ADJUSTMENTS:WRITE-OFF UNCOLLECTIBLE PLEDGES REPORTED ON PART XI, LINE 9 606,582. SPECIAL EVENT EXPENSES RECLASSED TO PART IX 841,169.
PART XII, LINE 4B - OTHER ADJUSTMENTS:SPECIAL EVENT EXPENSES RECLASSED TO PART IX 841,169.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionEUROPE (INCLUDING ICELAND & GREENLAND)RegionTxt
Offices0OfficesCnt
Employee0EmployeeCnt
Type Of Activities ConductedGRANTMAKINGTypeOfActivitiesConductedTxt
Region Total Expenditures$45,000RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$45,000SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$45,000TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (2 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtNon Cash AssistanceNonCashAssistanceAmt
EUROPE (INCLUDING ICELAND & GREENLAND)FELLOW$37,500WIRE$0
EUROPE (INCLUDING ICELAND & GREENLAND)FELLOW$7,500WIRE$0
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 2:MMRF RECEIVES PROGRESS REPORTS ON HOW THE GRANTED FUNDS ARE USED. MMRF CONDUCTS A REVIEW PROCESS, DURING WHICH THE INVESTIGATOR'S PROGRESS REPORT IS REVIEWED BY OUTSIDE REVIEWERS TO ENSURE THAT THE APPROPRIATE PROGRESS WAS MADE ON THE STUDY. ONCE THE RESEARCH EMPLOYEE ASSIGNED TO GRANT COORDINATION RECEIVES NOTIFICATION FROM THE REVIEWERS APPROPRIATE PROGRESS WAS MADE AND THE FINDINGS SUPPORT CONTINUES STUDY, HE/SHE PRESENTS THE PROGRESS AND FINDINGS TO AN APPROVAL COMMITTEE FOR A FUNDING RELEASE.
PART III ACCOUNTING METHOD:

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (24 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
BARBARA ANN KARMANOS CANCER HOSPITAL
4100 JOHN R STREETDETROITMI48201201649466501(C)(3)$72,500$0SITE INVESTMENT GRANT
BETH ISRAEL DEACONESS MEDICAL CENTER
330 BROOKLINE AVENUEBOSTONMA02215042103881501(C)(3)$974,200$0SITE INVESTMENT GRANT, IMMUNOTHERAPY
BROAD INSTITUTE INC
415 MAIN STREETCAMBRIDGEMA02142263428781501(C)(3)$67,500$0FELLOW
CITY OF HOPE
1500 EAST DUARTE ROAD MEDICALDURATECA91010953435919501(C)(3)$370,000$0SITE INVESTMENT GRANT, FELLOW, IMMUNOTHERAPYOFFICE BLD 3RD FLOOR
DANA FARBER CANCER INSTITUTE
44 BINEY STBOSTONMA02115042263040501(C)(3)$2,528,537$0SITE INVESTMENT GRANT, IMMUNOTHERAPY, PREVENTION
EMORY UNIVERSITY
1365 CLIFTON RD BLDG CATLANTAGA30322580566256501(C)(3)$737,075$0SITE INVESTMENT GRANT, FELLOW, IMMUNOTHERAPY, PREVENTION
H LEE MOFFITT CANCER CENTER & RESEARCH INSTITUTE
12902 MAGNOLIA DRIVETAMPAFL33612593238634501(C)(3)$37,500$0FELLOW
HACKENSACK UNIVERSITY MEDICAL CENTER
360 ESSEX CENTER SUITE 302HACKENSACKNJ07601221487576501(C)(3)$40,000$0SITE INVESTMENT GRANT
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
ONE GUSTAVE L LEVY PLACE PO BOXNEW YORKNY10029136171197501(C)(3)$107,000$0SITE INVESTMENT GRANT, IMMUNOTHERAPY1075
JOHNS HOPKINS MEDICAL INSTITUTIONS
3910 KESWICK ROAD NO N4327BBALTIMOREMD21211520595110501(C)(3)$750,000$0IMMUNOTHERAPY
LEVINE CANCER CENTER
1021 MOREHEAD MEDICAL DRIVECHARLOTTENC28204560529945501(C)(3)$32,500$0SITE INVESTMENT GRANT
MAYO CLINIC - ROCHESTER
200 FIRST STREET SWROCHESTERMN55905416011702501(C)(3)$7,500$0SITE INVESTMENT GRANT
MAYO CLINIC - SCOTTSDALE
13400 EAST SHEA BOULEVARDSCOTTSDALEAZ85259860800150501(C)(3)$7,500$0SITE INVESTMENT GRANT
MEMORIAL SLOAN-KETTERING CANCER CENTER
1275 YORK AVENUENEW YORKNY10065131924236501(C)(3)$315,644$0SITE INVESTMENT GRANT, FELLOW, TRANSLATIONAL CORE, PREVENTION
OHIO STATE UNIVERSITY RESEARCH FOUNDATION
B321 STARLING LOVING HALL 320 WESTCOLUMBUSOH43210316401599501(C)(3)$32,500$0SITE INVESTMENT GRANT10TH AVENUE
SARAH CANNON RESEARCH INSTITUTE LLC
3322 WEST END ROAD SUITE 900NASHVILLETN37203201557751$7,500$0SITE INVESTMENT GRANT
THE ROCKEFELLER UNIVERSITY
1230 YORK AVENUENEW YORKNY10065131624158501(C)(3)$50,000$0SITE INVESTMENT GRANT
THE UNIVERSITY OF CHICAGO
5841 S MARYLAND AVENUE MC 2115CHICAGOIL60637362177139STATE OF ILLINOIS$140,000$0SITE INVESTMENT GRANT, FELLOW
UCSF MYELOMA RESEARCH PROGRAM
1855 FOLSOM STREET ROOM 423SAN FRANCISCOCA94103946036493501(C)(3)$22,500$0SITE INVESTMENT GRANT
UNIVERSITY OF MICHIGAN
4310 CANCER CENTER 1500 EASTANN ARBORMI48109386006309STATE OF MICHIGAN$7,500$0SITE INVESTMENT GRANTMEDICAL CENTER DRIVE
UNIVERSITY OF TEXAS- SOUTHWESTERN MEDICAL CENTER
5323 HARRY HINES BOULEVARDDALLASTX75390756002868STATE OF TEXAS$72,500$0SITE INVESTMENT GRANT
UNIVERSITY OF WISCONSIN
21 N PARK STREET SUITE 6401MADISONWI53715396006492STATE OF WISCONSIN$7,500$0FELLOW
VIRGINIA CANCER SPECIALISTS PC
8503 ARLINGTON BLVD SUITE 320FAIRFAXVA22031541795091$7,500$0SITE INVESTMENT GRANT
WASHINGTON UNIVERSITY IN ST LOUIS
660 E EUCLID AVENUEST LOUISMO63110430653611501(C)(3)$187,827$0SITE INVESTMENT GRANT, IMMUNOTHERAPY
FieldValueIRS element (for citing)
Total501c3 Org21Total501c3OrgCnt
Total Other Org3TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE OVERALL RESEARCH BUDGET IS PRESENTED TO THE MMRF BOARD. THE BUDGET IS BROKEN DOWN INTO THREE MAIN CATEGORIES WHICH INCLUDE THE FOLLOWING GRANT TYPES: A) DATA BANK: MMRF-SPONSORED LONGITUDINAL MOLECULAR AND IMMUNE STUDIES (COMMPASS AND THE MMRF CURECLOUD). B) LEARNING NETWORK: GATEWAYS, DATA ANALYSIS INITIATIVES, TRANSLATIONAL SITE INVESTMENTS GRANTS (MMRF TRANSLATIONAL NETWORK), TRANSLATIONAL AND IMMUNE PROGRAM GRANTS, RESEARCH FELLOW GRANTS. C) CLINIC: CLINICAL- SITE INVESTMENT GRANTS, CLINICAL FUNDING AGREEMENT GRANTS, PRECISION MEDICINE GRANTS. THE BUDGET SPEND IS INITIALLY APPROVED BY THE PROGRAMMING COMMITTEE, AND THEN THE BOARD GIVES FINAL APPROVAL. 2. DURING THE YEAR, THERE ARE MONTHLY RESEARCH SPEND MEETINGS WITH THE CEO AND CFO TO DISCUSS PROGRESS ON MAKING THE AWARDS. ADDITIONALLY, ANY CHANGES OR REFORECASTS ARE REVIEWED. IF A CHANGE ARISES THAT IS GREATER THAN $1M, THEN IT IS PRESENTED TO THE PROGRAMMING COMMITTEE TO DISCUSS. 3. THERE ARE TWO DISTINCT TYPES OF GRANTS BEING AWARDED: CLASSICAL RESEARCH SUPPORT GRANTS AND CLINICAL/TRANSLATIONAL SITE SUPPORT GRANTS. THE ACTUAL AWARDS ARE MADE ACCORDING TO THE BELOW SCHEDULE: A. RESEARCH FELLOW AWARDS- QTR. 3 OR QTR. 4 B. CLINICAL AND TRANSLATIONAL SITE SUPPORT GRANTS QTR. 4 C. OTHER GRANTS ARE MADE THROUGHOUT THE YEAR CLASSICAL RESEARCH GRANTS: GRANTS ARE REVIEWED BY AN EXTERNAL GROUP OF SCIENTISTS WITH THE APPROPRIATE AREAS OF EXPERTISE. SCIENTIFIC RATINGS USE THE CURRENT NIH SCORING SYSTEM OF 1-9 WITH 1 DEMONSTRATING THE HIGHEST SCIENTIFIC MERIT AND 9 BEING THE LOWEST. EACH PROPOSAL IS EVALUATED BY TWO INDEPENDENT OUTSIDE REVIEWERS AND THE SCORES ARE AVERAGED TOGETHER. MOST GRANTS CHOSEN SCORE AT LEAST A 3 OR BETTER. ONCE THE GRANTS ARE RATED EXTERNALLY, FINAL REVIEW IS DONE BY THE MMRF RESEARCH LEADERSHIP AND RECOMMENDATIONS ARE MADE TO THE CEO AND CFO TO CONFIRM THE FINAL SELECTION. AFTER EACH GRANT TYPE AWARD IS MADE, AN AWARD LETTER IS SENT TO THE RECIPIENT AND AN EMAIL IS SENT TO THE CFO NOTIFYING THEM OF THE GRANTS AWARDED AND TO PROCEED WITH MAKING THE ACCRUAL FOR THE GRANT. AFTER THE FIRST PAYMENT THE RESEARCHER SENDS IN THE REQUIRED PROGRESS REPORT TO RECEIVE REMAINING PAYMENTS. MMRF CONDUCTS A REVIEW PROCESS, DURING WHICH THE INVESTIGATOR'S PROGRESS REPORT IS REVIEWED BY OUTSIDE REVIEWERS TO ENSURE THAT THE APPROPRIATE PROGRESS WAS MADE ON THE STUDY. ONCE THE RESEARCH EMPLOYEE ASSIGNED TO GRANT COORDINATION RECEIVES NOTIFICATION FROM THE REVIEWERS THAT APPROPRIATE PROGRESS WAS MADE AND THE FINDINGS SUPPORT CONTINUES STUDY, HE/SHE PRESENTS THE PROGRESS AND FINDINGS TO AN APPROVAL COMMITTEE FOR A FUNDING RELEASE. CLINICAL/TRANSLATIONAL SITE SUPPORT GRANTS: GRANT PROPOSALS TO SUPPORT MMRF/C CLINICAL OR TRANSLATIONAL SITES ARE REVIEWED BY MMRF RESEARCH STAFF AND LEADERSHIP IN COLLABORATION WITH OUTSIDE ADVISORS. THE MMRF RESEARCH LEADERSHIP THEN MAKES RECOMMENDATIONS TO THE CEO FOR FINAL APPROVAL. AFTER EACH GRANT TYPE AWARD IS APPROVED, AN AWARD LETTER IS SENT TO THE RECIPIENT AND AN EMAIL IS SENT TO THE CFO NOTIFYING THEM OF THE GRANTS AWARDED AND TO PROCEED WITH MAKING THE ACCRUAL FOR THE GRANT. SUCH GRANTS ARE TYPICALLY RENEWED ANNUALLY OR ARE MULTI-YEAR IN NATURE. CONTINUATION/RENEWAL IS AWARDED BASED ON MILESTONES ESTABLISHED UPON INITIATION OF THE PROGRAM. A CONFLICT OF INTEREST POLICY IS IN PLACE AND A COMMITTEE REVIEWS ANY ISSUES THAT MIGHT ARISE WITH ANY GRANTS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
KATHY GIUSTI
FOUNDER & CHIEF MISSION OFFICER$400,000$0$60,000$0$152,455$0$11,600$0$1,170$0$625,225$0$0$0
MICHAEL ANDREINI
PRESIDENT & CEO$308,054$0$40,000$0$9,307$0$11,600$0$8,260$0$377,221$0$0$0
PAUL GIUSTI
FORMER PRESIDENT & CEO$0$0$0$0$352,894$0$0$0$76$0$352,970$0$0$0
PETER KOSA
MIF MANAGING DIRECTOR$274,574$0$23,000$0$22,029$0$11,600$0$21,517$0$352,720$0$0$0
ROBERT MIANI
TREASURER/CFO$243,408$0$19,000$0$7,397$0$10,884$0$9,727$0$290,416$0$0$0
ANNE QUINN YOUNG
CHIEF MARKETING & DEV. OFFICER$242,689$0$6,000$0$17,203$0$10,855$0$7,888$0$284,635$0$0$0
DANIEL AUCLAIR
CHIEF SCIENTIFIC OFFICER, THRU DEC.$200,503$0$6,000$0$20,380$0$9,075$0$1,476$0$237,434$0$0$0
STEVEN LABKOFF MD
CHIEF DATA OFFICER, THRU JULY 2021$160,680$0$33,000$0$17,651$0$8,751$0$17,278$0$237,360$0$0$0
KAREN DIETZ
SECRETARY/IN-HOUSE COUNSEL$195,026$0$5,000$0$17,126$0$9,008$0$9,770$0$235,930$0$0$0
CHRISTOPHER WILLIAMS
VP OF BUSINESS DEVELOPMENT$184,187$0$5,000$0$10,254$0$8,361$0$19,721$0$227,523$0$0$0
CHANTELLE BRINKLEY
DIR, OFFICE OF THE FOUNDER, THRU DEC$175,898$0$0$0$39,244$0$7,375$0$981$0$223,498$0$0$0
MINDY FLINN
VP OF DEVELOPMENT$196,476$0$2,000$0$4,178$0$8,174$0$9,667$0$220,495$0$0$0
GREG RUBENSTEIN
VP OF MARKETING$172,885$0$5,000$0$6,012$0$7,757$0$21,034$0$212,688$0$0$0
CATHERINE WACHIRA
CLINCAL RESEACH$171,472$0$0$0$7,628$0$0$0$8,249$0$187,349$0$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 4ATHE FOLLOWING EMPLOYEES RECEIVED A SEVERANCE PAYMENT INCLUDED IN THEIR 2021 W-2: PAUL GIUSTI, FORMER PRESIDENT & CEO $352,000 KATHY GIUSTI, FOUNDER & CMO $150,000 CHANTELLE BRINKLEY, HR $30,769
PART I, LINE 7THE FOLLOWING EMPLOYEES RECEIVED A BONUS FROM THE ORGANIZATION. EACH BONUS WAS BASED ON THE DISCRETION OF THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. EACH BONUS WAS BASED UPON A REVIEW OF THE INDIVIDUAL'S PERFORMANCE, AND APPROVED BY THE COMPENSATION COMMITTEE PRIOR TO BEING AWARDED. KATHY GIUSTI, FOUNDER & CMO $60,000 MICHAEL ANDREINI, PRESIDENT & CEO $40,000 ROBERT MIANI, TREASURER/CFO $19,000 KAREN DIETZ, SECRETARY & IN-HOUSE COUNSEL $5,000 STEVEN LABKOFF, MD, CHIEF DATA OFFICER $33,000 ANNE QUINN YOUNG, CHIEF MARKETING & DEVELOPMENT OFFICER $6,000 PETER KOSA, MIF MANAGING DIRECTOR $23,000 DANIEL AUCLAIR, CHIEF SCIENTIFIC OFFICER $6,000 CHRISTOPHER WILLIAMS, VP OF BUSINESS DEVELOPMENT $5,000 MINDY FLINN, VP OF DEVELOPMENT $2,000 GREG RUBENSTEIN, VP OF MARKETING $5,000

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution46ContributionCnt
Noncash Contributions Rpt F990$789,542NoncashContributionsRptF990Amt
Method Of Determining RevenuesAVG. SELLING PRICEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I, LINE 1:MMRF ACCOMPLISHMENTS FOR 2021: THE MULTIPLE MYELOMA RESEARCH FOUNDATION, INC. AND ITS WHOLLY OWNED SUBSIDIARIES, THE MULTIPLE MYELOMA RESEARCH CONSORTIUM, LLC ("MMRC") AND MYELOMA INVESTMENT FUND, LLC ("MIF"), COLLECTIVELY REFERRED TO AS "THE MMRF," HAS A MISSION TO ACCELERATE A CURE FOR EACH AND EVERY PATIENT WITH MULTIPLE MYELOMA THE SECOND MOST COMMON BLOOD CANCER. THE MMRF, WITH ITS END-TO END PRECISION MEDICINE MODEL, COLLABORATES WITH ITS PARTNERS TO ADVANCE BASIC AND TRANSLATIONAL RESEARCH, AND MOVE THE BEST IDEAS RAPIDLY INTO CLINICAL TRIALS. THE MMRF ALSO ENGAGES WITH PATIENTS AND THEIR FRIENDS AND FAMILIES TO EDUCATE AND EMPOWER THEM TO OPTIMIZE THEIR OUTCOMES. THE MMRF WAS INCORPORATED ON JANUARY 13, 1998. THE PROVEN NETWORK OF THE MMRF ENGAGES THE BEST NEW SCIENCE AND TECHNOLOGY TO ACCELERATE DEVELOPMENT OF TREATMENTS FOR PATIENTS AS QUICKLY AS POSSIBLE. IT IS BASED ON THREE PILLARS: ACCELERATING THE DEVELOPMENT OF NEW TREATMENTS, DRIVING PRECISION MEDICINE, AND EMPOWERING PATIENTS AND THE ENTIRE COMMUNITY. IN 2021, WE CONTINUED TO ADVANCE THE KEY INITIATIVES OF OUR STRATEGIC PLAN WHICH IS ANCHORED BY THREE STRATEGIC OBJECTIVES, WITH A CENTRALIZED FOCUS ON DEI AND HEALTH EQUITY. - ACCELERATE THE DEVELOPMENT OF NOVEL THERAPIES - DRIVE OPTIMAL AND MORE PERSONALIZED TREATMENT APPROACHES - EMPOWER PATIENTS AND THE MYELOMA COMMUNITY PATIENT SERVICES AND EDUCATION ADVANCING PATIENT HEALTH AND WELL-BEING THROUGH EDUCATION - PATIENT EDUCATION WEBINARS AND SUMMITS REACHED 10,000 PATIENTS AND CAREGIVERS IN 2021. - IN 2021, THE MMRF PATIENT NAVIGATION CENTER ANSWERED 4,800 CALLS, ADDRESSED MORE THAN 3,350 CASES, AND OVER 200 REFERRALS TO MYELOMA SPECIALISTS. ITS EXEMPLARY SERVICE HAS EARNED A 5-STAR SATISFACTION RATING FROM THE MYELOMA COMMUNITY.
FORM 990, PART III, LINE 1:A PIONEER IN PRECISION MEDICINE, THE MULTIPLE MYELOMA RESEARCH FOUNDATION (MMRF) SEEKS TO ACCELERATE A CURE FOR EACH AND EVERY MULTIPLE MYELOMA PATIENT. FOUNDED IN 1998 BY KATHY GIUSTI, A MULTIPLE MYELOMA PATIENT, AND HER TWIN SISTER KAREN ANDREWS AS A 501(C)(3) NONPROFIT ORGANIZATION, THE MMRF IDENTIFIES BARRIERS AND THEN FINDS THE SOLUTIONS TO OVERCOME THEM, BRINGING IN THE BEST PARTNERS AND ACTING AS A CATALYST OR SYNERGIST TO DRIVE BETTER OUTCOMES FOR PATIENTS. SINCE ITS INCEPTION, THE ORGANIZATION HAS COLLECTED THOUSANDS OF TISSUE SAMPLES, OPENED NEARLY 100 TRIALS, HELPED BRING 15 FDA-APPROVED THERAPIES TO MARKET, AND BUILT COMMPASS, THE SINGLE LARGEST GENOMIC DATASET FOR ANY CANCER. TODAY, THE MMRF IS BUILDING ON ITS LEGACY IN GENOMICS AND IS EXPANDING INTO IMMUNOTHERAPY, AS THE COMBINATION OF THESE TWO FIELDS WILL BE CRITICAL TO MAKING PRECISION MEDICINE POSSIBLE FOR ALL PATIENTS. THE MMRF HAS RAISED MORE THAN $500 MILLION AND DIRECTS NEARLY 90% OF THE TOTAL FUNDS TO RESEARCH AND RELATED PROGRAMS.
FORM 990, PART VI, SECTION A, LINE 2KATHY GIUSTI, FOUNDER & CHIEF MISSION OFFICER, AND KAREN ANDREWS, BOARD MEMBER HAVE A FAMILY RELATIONSHIP.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS FIRST REVIEWED WITH THE CEO OF THE FOUNDATION. ONCE REVIEWED WITH THE CEO, THE FORM 990 IS EMAILED TO EACH BOARD MEMBER. EACH BOARD MEMBER REVIEWS THE FORM 990 AND IF ANY QUESTIONS ARISE, THEY ARE COMMUNICATED TO THE FOUNDATION AND ADDRESSED. AFTER ALL QUESTIONS ARE ADDRESSED, THE FORM 990 IS SUBMITTED TO THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION'S CONFLICT OF INTEREST POLICY APPLIES TO ANY DIRECTOR, OFFICER, OR MEMBER OF A STANDING OR ADVISORY COMMITTEE WITH POWERS DELEGATED BY THE MMRF BOARD OF DIRECTORS WHO MAY HAVE A DIRECT OR INDIRECT FINANCIAL INTEREST (I.E. "INTERESTED PERSON"). DUTY TO DISCLOSE A POTENTIAL CONFLICT OF INTEREST: ANY INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST TO THE BOARD OR AUDIT COMMITTEE AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD, MEMBERS OF THE AUDIT COMMITTEE AND ALL MEMBERS OF ANY COMMITTEE CONSIDERING THE PROPOSED CONTRACT OR TRANSACTION. DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS: AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE INTERESTED PERSON SHALL LEAVE THE BOARD OR AUDIT COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR AUDIT COMMITTEE MEMBERS, AS APPLICABLE, SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST: I. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR AUDIT COMMITTEE MEETING, BUT AFTER SUCH PRESENTATION, HE OR SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE CONTRACT OR TRANSACTION THAT RESULT IN THE CONFLICT OF INTEREST. II. THE CHAIR OF THE BOARD OR CHAIRPERSON OF THE AUDIT COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR APPOINT OR ESTABLISH AN ADVISORY COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED CONTRACT OR TRANSACTION. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR THE AUDIT COMMITTEE SHALL TAKE ALL REASONABLE STEPS TO DETERMINE WHETHER THE MMRF CAN OBTAIN A MORE ADVANTAGEOUS CONTRACT OR TRANSACTION WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS CONTRACT OR TRANSACTION IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OR AUDIT COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE, BUT NOT LESS THAN TWO, OF THE DISINTERESTED DIRECTORS OR MEMBERS THEREOF WHETHER THE CONTRACT OR TRANSACTION IS IN THE MMRF'S BEST INTEREST AND IS FAIR AND REASONABLE TO THE MMRF; PROVIDED, HOWEVER, IF SUCH CONTRACT OR TRANSACTION IS APPROVED BY DISINTERESTED DIRECTORS WHO DO NOT SATISFY A QUORUM OR VOTING REQUIREMENT APPLICABLE TO THE AUTHORIZATION OF THE ACTION BY REASON OF THE MMRF'S CERTIFICATE OF INCORPORATION, BYLAWS OR A PROVISION OF LAW, THE ACTION MUST BE INDEPENDENTLY APPROVED BY SUCH INTERESTED AND DISINTERESTED DIRECTORS AS SATISFY THE APPLICABLE QUORUM OR VOTING REQUIREMENT. VIOLATION OF THE CONFLICTS OF INTEREST POLICY: III. IF THE BOARD OR AUDIT COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT A DIRECTOR, OFFICER OR COMMITTEE MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM SUCH PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORD SUCH PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE RESPONSE OF THE DIRECTOR, OFFICER OR COMMITTEE MEMBER AND MAKING SUCH FURTHER INVESTIGATION AS MAY BE WARRANTED IN THE CIRCUMSTANCES, THE BOARD OR AUDIT COMMITTEE DETERMINES THAT SUCH PERSON HAS IN FACT FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE BOARD OR AUDIT COMMITTEE, AS APPLICABLE, SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
FORM 990, PART VI, SECTION B, LINE 15ALL SENIOR POSITIONS AND THEIR COMPENSATION ARE REVIEWED AND APPROVED BY THE HR COMMITTEE OF THE BOARD OF DIRECTORS. COMPENSATION IS BENCHMARKED AGAINST OTHER 501(C)(3)'S, RESEARCH ORGANIZATIONS, THIRD PARTY COMPENSATION DATABASE AND THEN REVIEWED BY THE COMPENSATION COMMITTEE. THE COMPENSATION APPROVAL IS DOCUMENTED IN THE MINUTES BY THE COMMITTEE. THIS PROCESS WAS LAST UNDERTAKEN IN 2021.
FORM 990, PART VI, SECTION C, LINE 19FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND FORM 1023 ARE MADE AVAILABLE FOR PUBLIC VIEWING UPON WRITTEN REQUEST AT MMRF'S HEADQUARTERS LOCATED AT 383 MAIN AVENUE, 5TH FLOOR, NORWALK, CT 06851. FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE ALSO AVAILABLE AT THE ORGANIZATION'S WEBSITE: WWW.THEMMRF.ORG THE FORM 990 IS ALSO AVAILABLE ON WWW.GUIDESTAR.ORG, WWW.CHARITYNAVIGATOR.ORG, AND OTHER SIMILAR WEBSITES.
FORM 990, PART IX, LINE 11GCONSULTING: PROGRAM SERVICE EXPENSES 2,019,449. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 265,296. TOTAL EXPENSES 2,284,745. MEDICAL PROFESSIONALS: PROGRAM SERVICE EXPENSES 2,720,982. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 357,457. TOTAL EXPENSES 3,078,439. RECRUITING COSTS & TEMPORARY HELP: PROGRAM SERVICE EXPENSES 192,640. MANAGEMENT AND GENERAL EXPENSES 27,226. FUNDRAISING EXPENSES 52,176. TOTAL EXPENSES 272,042.
FORM 990, PART XI, LINE 9:WRITE-OFF OF UNCOLLECTIBLE PLEDGES -606,582. LOSS ON DISPOSAL OF ASSETS -40,278.
FORM 990, PART XII, LINE 2C:THE MULTIPLE MYELOMA RESEARCH FOUNDATION, INC. AUDIT/FINANCE COMMITTEE RECOMMENDS THE AUDITOR TO THE BOARD, AND THE BOARD APPOINTS THE AUDITOR. THE BOARD ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS. THE POLICY FOR SELECTION AND OVERSIGHT OF THE INDEPENDENT AUDITORS HAS NOT CHANGED SINCE LAST YEAR.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
MYELOMA INVESTMENT FUND LLC
383 MAIN AVENUE 5TH FLOORNORWALKCT06851471162865VENTURE PHILANTHROPY FUNDDE$4,463,381$17,364,904THE MULTIPLE MYELOMA RESEARCH FOUNDATION INC
MULTIPLE MYELOMA RESEARCH CONSORTIUM LLC
383 MAIN AVENUE 5TH FLOORNORWALKCT06851471142650FACILITATING OR SPONSORING CLINICAL TRIALS AND RELATED RESEARCHCT$3,744,875$2,893,293THE MULTIPLE MYELOMA RESEARCH FOUNDATION INC

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