2020-11-16T14:21:38-06:00 2019-12-31 910189318 MOSS ADAMS LLP 4747 EXECUTIVE DR SUITE 1300 SAN DIEGO CA 92121 990 2019-01-01 237203666 THE J DAVID GLADSTONE INSTITUTES JDAV 4157342000 1650 OWENS STREET SAN FRANCISCO CA 94158 MICHELLE SIBLY VICE PRESIDENT, FINANCE 4157342000 2020-11-16 1 PATRICIA J MAYER P00188643 8586271400 2019 2022-09-23 18:48:47Z ROBERT OBANA 1650 OWENS STREET SAN FRANCISCO CA 94158 85737318 0 X WWW.GLADSTONEINSTITUTES.ORG X 1972 CA TO USE VISIONARY SCIENCE AND TECHNOLOGY TO OVERCOME MAJOR UNSOLVED DISEASES. 3 0 485 100 10692 3600 23872739 12763261 57064176 52102454 4792732 -3110896 585651 1076531 86315298 62831350 0 0 0 0 41854306 45793947 0 0 1036064 41722114 36475297 83576420 82269244 2738878 -19437894 257431204 314172354 126333372 189331529 131097832 124840825 X TO UNRAVEL THE BASICS OF BIOLOGY IN ORDER TO BETTER UNDERSTAND, PREVENT,TREAT AND CURE CARDIOVASCULAR, VIRAL AND NEUROLOGICAL CONDITIONS SUCH AS HEART FAILURE, HIV/AIDS AND ALZHEIMER'S DISEASE. 0 0 11137005 9710137 THE INSTITUTE OF VIROLOGY AND IMMUNOLOGY FOCUSES ITS RESEARCH ON THE HUMAN IMMUNODEFICIENCY VIRUS (HIV) AND THE ACQUIRED IMMUNE DEFICIENCY SYNDROME (AIDS), AND OTHER VIRAL DISEASES. 19948823 11678616 THE GLADSTONE INSTITUTE OF CARDIOVASCULAR DISEASE IS DEDICATED TO REDUCING THE SUFFERING AND LOSS OF LIFE CAUSED BY A HOST OF CARDIOVASCULAR DISEASES AND CONDITIONS INCLUDING HIGH BLOOD PRESSURE, CORONARY HEART DISEASE, CONGESTIVE HEART FAILURE, STROKE AND CONGENITAL HEART DEFECTS. 30880097 25982720 THE INSTITUTE OF NEUROLOGICAL DISEASE FOCUSES ITS RESEARCH ON THE PATHOGENESIS OF ALZHEIMER'S AND OTHER MAJOR NEURODEGENERATIVE DISEASES. 6462051 4730981 THE GLADSTONE INSTITUTE OF DATA SCIENCE AND BIOTECHNOLOGY INVESTS IN TALENT TO CREATE NEW WAYS TO ANALYZE AND INTEGRATE DATASETS, INCLUDING MACHINE LEARNING APPROACHES THAT LEVERAGE THE RAPID ADVANCES IN ARTIFICIAL INTELLIGENCE. IT WILL BE THE HOME FOR DEVELOPMENT OF NEW TECHNOLOGIES THAT CAN ACCELERATE DISCOVERY IN ALL AREAS OF INVESTIGATION AT GLADSTONE. 6462051 4730981 68427976 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 X 95 0 1 485 1 1 1 1 BD CJ NL UK MX VI SW 0 0 0 0 0 0 0 0 0 0 X 3 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X MICHELLE S SIBLY 4157342000 1650 OWENS STREET SAN FRANCISCO CA 94158 ANDREW S GARB TRUSTEE 3.00 X 425000 0 0 NICHOLAS J SIMON TRUSTEE 3.00 X 425000 0 0 WILLIAM PRICE TRUSTEE 3.00 X 100000 0 0 DEEPAK SRIVASTAVA PRESIDENT 40.00 X 937990 0 65818 ROBERT OBANA COO 40.00 X 453564 0 45517 BENOIT BRUNEAU DIRECTOR 40.00 X 545942 0 65818 WARNER GREENE DIRECTOR 40.00 X 455389 0 59267 LENNART MUCKE DIRECTOR 40.00 X 441740 0 49796 KATHERINE POLLARD DIRECTOR 40.00 X 438881 0 65818 STEVEN M FINKBEINER SR. INVESTIGATOR 40.00 X 490332 0 65818 STEPHEN FREEDMAN VP FOR CORP LIAISON & VENTURES 40.00 X 424664 0 59267 LEOR WEINBERGER SR. 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RESEARCH WILL BE PERFORMED ON THESE PROJECTS OVER THE NEXT FEW YEARS. PERMANENTLY RESTRICTED FUND EARNINGS WILL BE SPENT ON SCIENTIFIC RESEARCH AND ADMINISTRATION. PART X, LINE 2: THE INSTITUTES HAS BEEN GRANTED EXEMPTION FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE. THE INSTITUTES IS SUBJECT TO UNRELATED BUSINESS INCOME TAX ON CERTAIN RENTAL TRANSACTIONS AND INCOME FROM ALTERNATIVE INVESTMENTS. FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018, THE INSTITUTES HAD APPROXIMATELY $11,400,000 AND $4,854,000 OF CUMULATIVE TAXABLE LOSSES, RESPECTIVELY. SINCE MANAGEMENT BELIEVES IT IS UNLIKELY THERE WILL BE FUTURE INCOME TO OFFSET THESE LOSSES, A VALUATION ALLOWANCE HAS BEEN REFLECTED AGAINST THE FULL BALANCE. THE INSTITUTES FILES AN EXEMPT ORGANIZATION RETURN AND APPLICABLE UNRELATED BUSINESS INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND WITH THE FRANCHISE TAX BOARD IN THE STATE OF CALIFORNIA. THE INSTITUTES HAD NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2019 AND 2018. 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INVESTIGATOR 488010 0 0 0 2322 0 41250 0 24568 0 556150 0 0 0 STEPHEN FREEDMAN VP FOR CORP LIAISON & VENTURES 421100 0 0 0 3564 0 41250 0 18017 0 483931 0 0 0 LEOR WEINBERGER SR. INVESTIGATOR 360500 0 61143 0 540 0 41250 0 24568 0 488001 0 0 0 TODD MCDEVITT SR. INVESTIGATOR 280358 0 45857 0 668 0 27500 0 8546 0 362929 0 0 0 ROBERT WICKS VP OF PHILANTHROPY 323200 0 0 0 1201 0 0 0 5583 0 329984 0 0 0 ROBERT S WILLIAMS PRESIDENT EMERITUS 225000 0 0 0 7119 0 41250 0 18017 0 291386 0 0 0 PART I, LINE 1A FIRST CLASS TRAVEL- THE INSTITUTES HAVE A POLICY FOR LONGER FLIGHTS AND ALLOWS UPGRADES FOR EMPLOYEES, WHICH MAY INCLUDE FIRST CLASS TRAVEL. TAX INDEMNIFICATION & GROSS UP PAYMENTS- PRINCIPAL REDUCTION RELATING TO THE RELOCATION LOANS PROVIDED TO DEEPAK SRIVASTAVA, BENOIT BRUNEAU, LEOR WEINBERGER AND TODD MCDEVITT ARE GROSSED UP AND INCLUDED AS TAXABLE COMPENSATION. PART I, LINE 7 NONDISCRETIONARY BONUS PAYMENTS WERE PAID BASED ON PERSONS MEETING GOALS SET BY AND APPROVED BY TRUSTEES. DEEPAK SRIVASTAVA PRESIDENT HOUSING X 820000 755000 0 1 1 755000 X 2 1184467 FMV 0 0 1 0 PART I, COLUMN (B): THE NUMBERS REPORTED IN PART I, COLUMN (B) REPRESENT THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 7B THE SUPERIOR COURT OF CALIFORNIA'S APPROVAL IS REQUIRED FOR THE ELECTION AND REMOVAL OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 AND ITS RELATED SCHEDULES WERE GIVEN TO THE TRUSTEES FOR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE J. DAVID GLADSTONE INSTITUTES REQUIRES THAT EACH OFFICER, DIRECTOR, TRUSTEE AND KEY EMPLOYEE COMPLETE A CONFLICT OF INTEREST REPORT AND REPORT ANY CONFLICT HE/SHE MAY HAVE. ANY CONFLICTS THAT ARISE DURING THE YEAR ARE REQUIRED TO BE REPORTED TO THE EXECUTIVE DIRECTOR AND THE TRUSTEES IMMEDIATELY. IN THE EVENT THAT A CONFLICT DOES ARISE THAT INDIVIDUAL IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THAT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE ATTORNEY GENERAL FOR THE STATE OF CALIFORNIA IS ADVISED OF TRUSTEE COMPENSATION AND THE STATE OF CALIFORNIA SUPERIOR COURT REVIEWS AND APPROVES THE COMPENSATION. AN EXECUTIVE COMPENSATION REPORT IS COMPLETED EACH YEAR BY AN INDEPENDENT CONSULTING FIRM FROM SALARY SURVEYS, NON-PROFIT FORM 990'S AND OTHER SOURCES ON ORGANIZATIONS THAT ARE COMPARABLE IN SIZE AND COMPLEXITY TO THE INSTITUTES. THE 2019 REPORT WAS COMPLETED 11/16/18. THE PRESIDENT AND DIRECTORS' COMPENSATION IS APPROVED BY THE UNIVERSITY OF CALIFORNIA, SAN FRANCISCO VICE DEAN EACH YEAR. 2019 SALARIES WERE APPROVED ON 12/04/18. THE INSTITUTES' PRESIDENT AND DIRECTORS UTILIZE SIMILAR RESOURCES AS GUIDELINES WHEN APPROVING COMPENSATION FOR THE INSTITUTES' KEY EMPLOYEES, OTHER OFFICERS AND DIRECT REPORTS. COMPENSATION WAS LAST APPROVED ON 12/04/18. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND ORGANIZATIONAL DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: K-1 PASSTHROUGH -10,692. 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