2021-05-12T16:26:12-05:00 2020-06-30 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2019-07-01 364479457 TOYOTA TECHNOLOGICAL INSTITUTE AT CHICAGO TOYO 7738342500 6045 SOUTH KENWOOD AVENUE CHICAGO IL 60637 JESSICA JACOBSON CHIEF FINANCIAL OFFICER 7738342500 2021-05-03 1 KIMBERLY HAUMANN P00546491 3122071040 2021-05-03 2019 2022-09-23 18:48:47Z JESSICA JACOBSON 6045 SOUTH KENWOOD AVENUE CHICAGO IL 60637 53833402 0 X WWW.TTIC.EDU X 2001 IL ACHIEVING INTERNATIONAL IMPACT THROUGH WORLD-CLASS RESEARCH AND EDUCATION IN FUNDAMENTAL COMPUTER SCIENCE AND INFORMATION TECHNOLOGY. 14 13 107 14 0 0 2355406 4374202 1135848 1357088 6784433 6371474 0 0 10275687 12102764 2259729 2976502 0 0 5717498 6378476 0 0 0 3004937 3073061 10982164 12428039 -706477 -325275 266279835 270979400 2419788 1327719 263860047 269651681 ACHIEVING INTERNATIONAL IMPACT THROUGH WORLD-CLASS RESEARCH AND EDUCATION IN FUNDAMENTAL COMPUTER SCIENCE AND INFORMATION TECHNOLOGY. 0 0 9780025 2976502 1357088 TOYOTA TECHNOLOGICAL INSTITUTE AT CHICAGO ("TTIC") DEVELOPS RESEARCH AND PROVIDES EDUCATION MAINLY IN THE FIELD OF COMPUTER SCIENCE. TTIC EDUCATES AND TRAINS STUDENTS IN ORDER TO MAKE THEM CREATIVE AND TALENTED SCIENTISTS AND TO CONTRIBUTE TO THE WORLD AND LOCAL COMMUNITIES. IN 2019, TTIC HAD 42 STUDENTS ENROLLED IN PHD PROGRAM, AND OFFERED A TOTAL OF 10 CLASSES IN THE ACADEMIC YEAR OF 2019-2020. 9780025 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 15 0 1 107 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X JESSICA JACOBSON 7738342571 6045 S KENWOOD AVE CHICAGO IL 60637 DR AVRIM BLUM CHIEF ACADEMIC OFFICER 37.50 0.00 X 306249 0 47143 DR GREGORY SHAKHNAROVICH ASSOCIATE PROFESSOR 37.50 0.00 X 257025 0 25765 DR NATHAN SREBRO PROFESSOR 37.50 0.00 X 252120 0 44489 DR JINBO XU PROFESSOR 37.50 0.00 X 242195 0 44129 DR DAVID MCALLESTER PROFESSOR 37.50 0.00 X 227617 0 42485 DR MATTHEW TURK PRESIDENT 37.50 0.00 X X 221416 0 20751 DR YURY MAKARYCHEV PROFESSOR 37.50 0.00 X 178429 0 27401 MS JESSICA JACOBSON CHIEF FINANCIAL OFFICER 37.50 0.00 X 160178 0 29020 MS CHRISTINA COLEMAN SECRETARY 37.50 0.00 X 133274 0 18917 DR SADAOKI FURUI BOARD MEMBER (FORMER PRESIDENT) 37.50 0.00 X 102498 0 19159 MR ROBERT BARNETT BOARD MEMBER 1.00 0.00 X 0 0 0 DR ERIC GRIMSON BOARD MEMBER 1.00 0.00 X 0 0 0 MS ALEXIS HERMAN BOARD MEMBER 1.00 0.00 X 0 0 0 DR CHARLES ISBELL BOARD MEMBER 1.00 0.00 X 0 0 0 DR YOSHIHIKO MASUDA BOARD MEMBER 1.00 0.00 X 0 0 0 DR JAMES MERZ BOARD MEMBER (THROUGH SEPT. 2019) 1.00 0.00 X 0 0 0 DR NELSON MORGAN BOARD MEMBER 1.00 0.00 X 0 0 0 DR ANGELA OLINTO BOARD MEMBER 1.00 0.00 X 0 0 0 DR MARI OSTENDORF BOARD MEMBER 1.00 0.00 X 0 0 0 DR HIROYUK SAKAKI BOARD MEMBER 1.00 0.00 X 0 0 0 DR IVAN SAMSTEIN BOARD MEMBER 1.00 0.00 X 0 0 0 MR MASATAMI TAKIMOTO CHAIRMAN OF THE BOARD 2.00 0.00 X X 0 0 0 2081001 0 319259 17 0 1 0 UNIVERSITY OF CHICAGO OFFICE OF INVESTME 401 N MICHIGAN AVE 9TH FLOOR CHICAGO IL 60611 INVESTMENT ADVISORY SERVICES 469053 GENSLER 11 EAST MADISON STREET CHICAGO IL 60602 DESIGN & ARCHITECTURE SERVICES 158658 2 3285032 1089170 4374202 TUITION & FEES 611710 1357088 1357088 1357088 4858007 4858007 43244105 41730638 1513467 1513467 1513467 12102764 1357088 0 6371474 2976502 2976502 1138444 263381 875063 3951894 3699061 252833 254948 238313 16635 757325 615721 141604 275865 190470 85395 71311 71311 60000 60000 457470 457470 314277 91443 222834 9000 9000 262735 160052 102683 981382 883240 98142 70085 55850 14235 185566 102513 83053 186489 167840 18649 44205 30103 14102 RESEARCH 222763 222763 0 RECRUITMENT 89895 68787 21108 TRAINING 13108 0 13108 MEMBERSHIP DUES 9133 0 9133 95642 13986 81656 12428039 9780025 2648014 0 1776151 654267 3609855 13248845 602271 737034 121946 86464 26310 330690 7784594 954154 706704 6830440 254132944 243832467 5303654 5259193 266279835 270979400 1497181 1327719 922607 0 2419788 1327719 X 65272026 67932936 198588021 201718745 263860047 269651681 266279835 270979400 -325275 6116909 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 197958909 0 10491617 7244282 201206244 192058987 13171150 7271228 197958909 189162706 2896281 192058987 108633988 85000000 -4471282 189162706 105632923 3001065 108633988 0.00000 1.00000 0.00000 0 0 7142996 740831 6402165 582089 201921 380168 59509 11402 48107 6830440 US TREASURY NOTES 113790566 F TMCC NOTES 48487169 F TOTAL RETURN INVESTMENT POOL 81554732 F 243832467 16472203 6116909 -1290000 4826909 11645294 457470 457470 12102764 10680569 0 10680569 457470 1290000 1747470 12428039 PART V, LINE 4: THE INTENDED USE OF THE ENDOWMENT FUNDS IS TO PROVIDE FUNDING FOR SCHOLARSHIPS AND RESEARCH FOR THE STUDENTS, EMPLOYEES AND FACULTY OF THE ORGANIZATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCE -1,290,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP ALLOWANCE 1,290,000. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 TOYOTA TECHNOLOGICAL INSTITUTE AT CHICAGO IS PUBLISHING ITS NON-DISCRIMINATION POLICY IN ALL STUDENT SOLICITATION MATERIALS. THE FOLLOWING NOTICE IS POSTED ON THE STUDENT APPLICATION PACKAGE OF TTIC: "TTIC, IN ADMISSIONS, EMPLOYMENT AND ACCESS TO PROGRAMS, CONSIDERS ALL FACULTY, STAFF AND STUDENTS ON THE BASIS OF INDIVIDUAL MERIT AND WITHOUT REGARD TO RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, NATIONAL OR ETHNIC ORIGIN, AGE, DISABILITY, OR ANY OTHER LEGALLY PROTECTED STATUS." SCHEDULE E, PART I, LINE 6 TOYOTA TECHNOLOGICAL INSTITUTE AT CHICAGO RECEIVED GRANTS FROM THE NATIONAL INSTITUTE OF HEALTH, THE NATIONAL SCIENCE FOUNDATION, THE DEPARTMENT OF DEFENSE AND THE AIR FORCE OFFICE OF SCIENTIFIC RESEARCH. 1 TUITION AND FEES 42 2976502 N/A N/A PART I, LINE 2: GRANTS AND OTHER ASSISTANCE AWARDED TO INDIVIDUALS WITHIN THE UNITED STATES REPRESENT STUDENT FINANCIAL AID & SCHOLARSHIPS. FULL FINANCIAL SUPPORT IS OFFERED TO ALL STUDENTS. ALL PHD STUDENTS AT TTIC MAY EXPECT TO RECEIVE FINANCIAL SUPPORT THAT COVERS TUITION AND A STIPEND TO ASSIST WITH LIVING EXPENSES. X X 0 1 X X 0 0 0 0 0 0 0 0 0 DR AVRIM BLUM CHIEF ACADEMIC OFFICER 306249 0 0 0 0 0 22935 0 24208 0 353392 0 0 0 DR GREGORY SHAKHNAROVICH ASSOCIATE PROFESSOR 171752 0 0 0 85273 0 17649 0 8116 0 282790 0 0 0 DR NATHAN SREBRO PROFESSOR 220484 0 0 0 31636 0 20551 0 23938 0 296609 0 0 0 DR JINBO XU PROFESSOR 218438 0 0 0 23757 0 19921 0 24208 0 286324 0 0 0 DR DAVID MCALLESTER PROFESSOR 227617 0 0 0 0 0 18590 0 23895 0 270102 0 0 0 DR MATTHEW TURK PRESIDENT 184450 0 0 0 36966 0 7980 0 12771 0 242167 0 0 0 DR YURY MAKARYCHEV PROFESSOR 178429 0 0 0 0 0 14630 0 12771 0 205830 0 0 0 MS JESSICA JACOBSON CHIEF FINANCIAL OFFICER 160178 0 0 0 0 0 13122 0 15898 0 189198 0 0 0 MS CHRISTINA COLEMAN SECRETARY 133274 0 0 0 0 0 10841 0 8076 0 152191 0 0 0 PART I, LINE 1A TTIC PROVIDED A MONTHLY HOUSING ALLOWANCE TOTALING $10,000 TO CURRENT PRESIDENT MATTHEW TURK IN THE CALENDAR YEAR 2019. THIS AMOUNT WAS INCLUDED IN THE PRESIDENT'S W-2 AS TAXABLE INCOME. TTIC LEASED AN APARTMENT IN CHICAGO FOR FORMER PRESIDENT SADAOKI FURUI. THE COST OF THE APARTMENT (INCLUDING CABLE AND INTERNET) IS $16,084 FOR THE CALENDAR YEAR 2019. THE VALUE OF THE RENT WAS NOT INCLUDED IN THE PRESIDENT'S W-2 AS TAXABLE INCOME AND IS REPORTED ON SCHEDULE J, PART II, COLUMN (D) AS A NONTAXABLE BENEFIT. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM, PLANTE MORAN, TO PREPARE THE ORGANIZATION'S FORM 990. MANAGEMENT REVIEWS THE COMPLETED FORM 990 AND PROVIDES A FULL COPY TO ALL VOTING MEMBERS OF THE GOVERNING BODY PRIOR TO FILING. THE GOVERNING BODY IS PROVIDED A REASONABLE AMOUNT OF TIME TO REVIEW THE RETURN AND ASK QUESTIONS DIRECTLY TO ORGANIZATION MANAGEMENT OR THE CONTACT AT THE INDEPENDENT CPA FIRM PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANY CONFLICTS OF INTEREST ON THE PART OF ANY TRUSTEE SHALL BE DISCLOSED BY TRUSTEE IN WRITING TO THE BOARD OF TRUSTEES AT LEAST ANNUALLY AND MADE A MATTER OF RECORD. BOARD MEMBERS WHO HAVE A CONFLICT OF INTEREST DO NOT VOTE ON ANY MATTER RELATED TO THE ISSUE FOR WHICH THEY HAVE THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 PRESIDENT - THE ORGANIZATION'S EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE PRESIDENT'S SALARY AND BENEFITS AT THE TIME THE ORGANIZATION ENTERS INTO AN EMPLOYMENT AGREEMENT WITH THE PRESIDENT. THE EXECUTIVE COMMITTEE CONSISTS OF SIX MEMBERS INCLUDING THE PRESIDENT, HOWEVER ONLY FIVE MEMBERS EXCLUDING THE PRESIDENT REVIEW THE PRESIDENT'S SALARY BASED ON APPROPRIATE COMPARABILITY DATA AND CURRENT SALARY AND BENEFITS LEVEL, AND SO FORTH. IF THE EXECUTIVE COMMITTEE AGREES TO A SALARY AND BENEFITS, THE PROPOSAL WILL BE REVIEWED AND FINALLY APPROVED BY THE BOARD OF TRUSTEES. CHIEF FINANCIAL OFFICER AND SECRETARY TO THE BOARD - THE CHIEF FINANCIAL OFFICER'S AND THE SECRETARY TO THE BOARD'S ARE APPROVED ANNUALLY BY THE BOARD OF TRUSTEES. PERIODICALLY, TTIC WILL ENGAGE AN INDEPENDENT FIRM TO ENSURE THE SALARIES ARE REASONABLE AS COMPARED TO MARKET CONDITIONS. CHIEF ACADEMIC OFFICER - THE PRESIDENT EVALUATES THE CHIEF ACADEMIC OFFICER'S SALARY ANNUALLY BASED ON HIS TERM PERFORMANCE AND APPROPRIATE COMPARABILITY DATA, AND SO FORTH. THIS PROCESS IS THE SAME AS THAT OF OTHER FACULTY OF THE INSTITUTE. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY IS AVAILABLE ON THE INSTITUTE'S WEBSITE WHILE THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE PLACED IN THE INSTITUTE'S LIBRARY AND ARE AVAILABLE TO THE GENERAL PUBLIC FOR VIEWING.