2019-11-11T07:42:56-06:00 2018-12-31 861065772 DELOITTE TAX LLP 925 FOURTH AVENUE SUITE 3300 SEATTLE WA 981041126 990 2018-01-01 821808476 BILL & MELINDA GATES MEDICAL RESEARCH INSTITUTE BILL 8577022108 245 MAIN STREET CAMBRIDGE MA 02142 MARY THISTLE CHIEF OF STAFF 8577022108 2019-11-08 1 JOLENE G COX P00235481 2067167000 167.219.88.140 2019-11-08 14:15:09 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 B252FF5B9BBCFA038C79E434122BFD2571701D66 2018 2020-04-17 16:48:07Z PENNY M HEATON 245 MAIN STREET CAMBRIDGE MA 02142 9822484 0 X WWW.GATESMRI.ORG X 2017 WA THE GATES MRI ACTIVELY AND CONTINUOUSLY ENGAGES DIRECTLY IN THE CONDUCT OF MEDICAL RESEARCH IN CONJUNCTION WITH ONE OR MORE HOSPITALS FOR THE PURPOSE OF ADDRESSING MAJOR CAUSES OF ILLNESS AND DEATH IN LOW-INCOME COUNTRIES. 5 0 55 0 0 0 262692744 9622298 0 0 6014 200186 0 0 262698758 9822484 0 0 0 0 0 14113780 0 0 0 3027514 8259858 3027514 22373638 259671244 -12551154 259671244 248840285 0 1720195 259671244 247120090 X THE GATES MRI ACTIVELY AND CONTINUOUSLY ENGAGES DIRECTLY IN THE CONDUCT OF MEDICAL RESEARCH IN CONJUNCTION WITH ONE OR MORE HOSPITALS FOR THE PURPOSE OF ADDRESSING MAJOR CAUSES OF ILLNESS AND DEATH IN LOW-INCOME COUNTRIES. 0 0 15046133 BILL & MELINDA GATES MEDICAL RESEARCH INSTITUTE ("GATES MRI") IS ALIGNED WITH THE PURPOSES OF THE BILL & MELINDA GATES FOUNDATION AND GUIDED BY THE VISION THAT EVERY PERSON DESERVES THE OPPORTUNITY TO LEAD A HEALTHY AND PRODUCTIVE LIFE. THE GATES MRI ACTIVELY AND CONTINUOUSLY ENGAGES DIRECTLY IN THE CONDUCT OF MEDICAL RESEARCH IN CONJUNCTION WITH ONE OR MORE HOSPITALS FOR THE PURPOSE OF ADDRESSING MAJOR CAUSES OF ILLNESS AND DEATH IN DEVELOPING COUNTRIES. THE GATES MRI AIMS TO CAPITALIZE ON RECENT INNOVATIONS IN MEDICAL RESEARCH, SUCH AS MORE RIGOROUS APPROACHES TO QUANTITATIVE SCIENCE, TO IDENTIFY CANDIDATES FOR DRUG THERAPIES, VACCINES, DIAGNOSTICS, AND MEDICAL DEVICES THAT WILL HELP US FIGHT DISEASES THAT DISPROPORTIONATELY AFFECT THE WORLD'S POOREST PEOPLE. THE GATES MRI'S GOALS ARE TO ERADICATE MALARIA, ACCELERATE THE END OF THE TUBERCULOSIS EPIDEMIC, AND END DIARRHEAL DEATHS IN CHILDREN. 15046133 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 12 0 55 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 0 1 0 0 0 1 1 1 1 1 1 0 1 1 1 1 1 1 1 1 0 WA MA X X JENNIFER DEGER 2067093100 500 FIFTH AVENUE N SEATTLE WA 98109 X JIM BROMLEY END 682018 DIRECTOR, SECRETARY & TREASURER 2.00 40.00 X X 0 254464 53857 SUSAN DESMOND-HELLMANN DIRECTOR 2.00 40.00 X 0 1424916 64862 EMILIO EMINI DIRECTOR 2.00 40.00 X 0 515959 63400 ANDREW FARNUM START 5222018 DIRECTOR 2.00 40.00 X 0 232157 34059 HELENE MADONICK DIRECTOR 2.00 40.00 X 0 785879 82282 TREVOR MUNDEL DIRECTOR, BOARD CHAIR 3.00 40.00 X 0 1063792 74571 PENNY HEATON CHIEF EXECUTIVE OFFICER 40.00 0.00 X 705713 0 63782 HELEN BOUDREAU START 6112018 SECRETARY & TREASURER 40.00 0.00 X 276250 0 59708 SALLY JENNINGS HEAD OF COMPLIANCE & RISK MANAGEMENT 40.00 0.00 X 322680 0 71163 JEFF BARRETT HEAD OF QUANTITATIVE SCIENCES 40.00 0.00 X 415962 0 65337 DINA BERDIEVA HEAD OF PROJ. MGMT. & CLINICAL OPS 40.00 0.00 X 408953 0 61016 DAVID KAUFMAN CHIEF MEDICAL OFFICER 40.00 0.00 X 923536 0 73410 MARY THISTLE CHIEF OF STAFF 40.00 0.00 X 431087 0 73409 DEBRA WEISS HEAD OF QUALITY ASSURANCE 40.00 0.00 X 510402 0 65606 3994583 4277167 906462 31 0 1 0 THE HIGGINS GROUP INC 701 LEE RD SUITE 100 CHESTERBROOK PA 19087 RECRUITING 1666958 WAGGENER EDSTROM WORLDWIDE INC 1125 NW COUCH STREET SUITE 500 PORTLAND OR 97209 WEBSITE & COMM. PLATFORM DEVELOPMENT 1234025 STRAIGHTLINE INTERNATIONAL INC 107 GRAND STREET NEW YORK NY 10013 COMMUNICATION PLATFORM DEVELOPMENT 708587 INSOURCE SERVICES INC 148 LINDEN ST WELLESLEY MA 02482 ACCOUNTING 368224 CLARK NUBER CPA & CONSULTANTS 10900 NE 4TH SUITE 1700 BELLEVUE WA 98004 ACCOUNTING 199411 13 9615910 6388 9622298 200186 200186 9822484 0 0 200186 X 1499296 393842 1105454 8480062 6443278 2036784 1020319 775254 245065 2555978 2229268 326710 558125 399702 158423 228155 228155 556159 556159 4168417 3407373 761044 1160817 1160817 121763 29813 91950 234394 217466 16928 641525 487084 154441 747011 562512 184499 56540 44068 12472 510 510 FURNITURE & EQUIPMENT 208145 24459 183686 RECRUITING 89601 7016 82585 DUES & SUBSCRIPTIONS 23428 15258 8170 STATE TAXES & FEES 2675 2675 20718 9740 10978 22373638 15046133 7327505 0 18777713 15406853 240886156 232900096 0 44854 6119 510 0 5609 7375 482873 259671244 248840285 0 1720195 0 1720195 X 259671244 247120090 259671244 247120090 259671244 248840285 -12551154 0 X 0 1 X 1 0 X UNIVERSITY OF WASHINGTON SEATTLE WA RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6119 510 5609 5609 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES CONDUCT MEDICAL RESEARCH, IDENTIFY MEDICAL RESEARCH PARTNERS 577 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES CONDUCT MEDICAL RESEARCH, IDENTIFY MEDICAL RESEARCH PARTNERS 361880 NORTH AMERICA 0 0 PROGRAM SERVICES CONDUCT MEDICAL RESEARCH, IDENTIFY MEDICAL RESEARCH PARTNERS 10129 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES CONDUCT MEDICAL RESEARCH, IDENTIFY MEDICAL RESEARCH PARTNERS 68987 0 0 0 0 0 0 441573 0 441573 0 0 0 0 0 0 X X 1 1 X X X 0 0 0 0 0 0 0 0 0 JIM BROMLEY END 682018 DIRECTOR, SECRETARY & TREASURER 0 231917 0 0 0 22547 0 37563 0 16294 0 308321 0 0 SUSAN DESMOND-HELLMANN DIRECTOR 0 1167912 0 132188 0 124816 0 41250 0 23612 0 1489778 0 0 EMILIO EMINI DIRECTOR 0 493809 0 0 0 22150 0 41250 0 22150 0 579359 0 0 ANDREW FARNUM START 5222018 DIRECTOR 0 227772 0 2100 0 2285 0 25202 0 8857 0 266216 0 0 HELENE MADONICK DIRECTOR 0 365200 0 0 0 420679 0 41250 0 41032 0 868161 0 0 TREVOR MUNDEL DIRECTOR, BOARD CHAIR 0 1012640 0 0 0 51152 0 41250 0 33321 0 1138363 0 0 PENNY HEATON CHIEF EXECUTIVE OFFICER 625000 0 76200 0 4513 0 41250 0 22532 0 769495 0 0 0 HELEN BOUDREAU START 6112018 SECRETARY & TREASURER 220673 0 50600 0 4977 0 40601 0 19107 0 335958 0 0 0 SALLY JENNINGS HEAD OF COMPLIANCE & RISK MANAGEMENT 276923 0 42500 0 3257 0 41250 0 29913 0 393843 0 0 0 JEFF BARRETT HEAD OF QUANTITATIVE SCIENCES 270000 0 50000 0 95962 0 41250 0 24087 0 481299 0 0 0 DINA BERDIEVA HEAD OF PROJ. MGMT. & CLINICAL OPS 358953 0 50000 0 0 0 20769 0 40247 0 469969 0 0 0 DAVID KAUFMAN CHIEF MEDICAL OFFICER 528846 0 200000 0 194690 0 41250 0 32160 0 996946 0 0 0 MARY THISTLE CHIEF OF STAFF 370193 0 50000 0 10894 0 41250 0 32159 0 504496 0 0 0 DEBRA WEISS HEAD OF QUALITY ASSURANCE 360577 0 45000 0 104825 0 41250 0 24356 0 576008 0 0 0 PART I, LINE 1A THE TRAVEL POLICY, APPLICABLE TO ALL EMPLOYEES, ALLOWS FOR FIRST-CLASS AIR TRAVEL ON DOMESTIC RED-EYE FLIGHTS DEPARTING AFTER 9:00 PM THAT EXCEED FIVE HOURS IN DURATION. RELOCATION PACKAGES ARE GENERALLY PROVIDED TO NEW EMPLOYEES WHO RESIDE MORE THAN 50 MILES OUTSIDE OF CAMBRIDGE, MASSACHUSSETTS. THE ORGANIZATION GROSSES UP TAXABLE RELOCATION BENEFITS. FORM 990, PART VI, SECTION A, LINE 2 SUSAN DESMOND-HELLMANN, TREVOR MUNDEL, ANDREW FARNUM, EMILIO EMINI, AND HELENE MADONICK HAVE A BUSINESS RELATIONSHIP AS EMPLOYEES OF THE BILL & MELINDA GATES FOUNDATION. JIM BROMLEY, FORMER OFFICER, HAD A BUSINESS RELATIONSHIP AS AN EMPLOYEE OF THE BILL & MELINDA GATES FOUNDATION DURING THE 2018 TAX YEAR. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF BILL & MELINDA GATES MEDICAL RESEARCH INSTITUTE IS BILL & MELINDA GATES FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A BILL & MELINDA GATES FOUNDATION, THE SOLE MEMBER OF BILL & MELINDA GATES MEDICAL RESEARCH INSTITUTE, HAS THE AUTHORITY TO APPOINT AND REMOVE DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B BILL & MELINDA GATES FOUNDATION, THE SOLE MEMBER OF BILL & MELINDA GATES MEDICAL RESEARCH INSTITUTE, HAS THE AUTHORITY TO AMEND THE ARTICLES OF INCORPORATION, ADOPT A PLAN OF MERGER OR CONSOLIDATION, AUTHORIZE THE SALE, LEASE, OR EXCHANGE OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE ORGANIZATION, AUTHORIZE THE VOLUNTARY DISSOLUTION OF THE ORGANIZATION AND ADOPTION OF A PLAN FOR THE DISTRIBUTION OF THE ASSETS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY A THIRD-PARTY ACCOUNTANT. AFTER PREPARATION, IT IS REVIEWED IN DETAIL BY CHIEF OF STAFF OF THE INSTITUTE, AND THE TAX TEAM AND CONTROLLER OF BILL & MELINDA GATES FOUNDATION, THE SOLE MEMBER OF BILL & MELINDA GATES MEDICAL RESEARCH INSTITUTE. A COPY OF THE FORM 990 IS PROVIDED TO THE ENTIRE BOARD PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE CONSIDERED "COVERED PERSONS" FOR THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, AND AS SUCH, ARE REQUIRED TO ANNUALLY DISCLOSE ANY RELATIONSHIPS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST INVOLVING THE ORGANIZATION. IN ADDITION, ANY TRANSACTIONS BETWEEN THE ORGANIZATION AND ANY OF THESE INDIVIDUALS (OR THEIR FAMILY MEMBERS OR AN AFFILIATED ENTITY) MUST BE DISCLOSED TO THE SECRETARY. IF THE SECRETARY HAS A POTENTIAL CONFLICT OF INTEREST, IT MUST BE DISCLOSED TO THE CHIEF EXECUTIVE OFFICER. THE SECRETARY AND CHIEF EXECUTIVE OFFICER ARE RESPONSIBLE FOR REVIEWING THE ANNUAL CONFLICT OF INTEREST DISCLOSURES AND RESOLVING ANY POTENTIAL CONFLICT OF INTERESTS THAT MAY ARISE. THE COVERED PERSON IS REQUIRED TO REFRAIN FROM USING HIS OR HER PERSONAL INFLUENCE TO ENCOURAGE THE ORGANIZATION TO ENTER INTO THE COVERED TRANSACTION. ADDITIONALLY, HE OR SHE MUST NOT PARTICIPATE IN ANY DISCUSSIONS REGARDING THE COVERED TRANSACTIONS WITH OFFICERS, DIRECTORS AND EMPLOYEES OF THE ORGANIZATION, EXCEPT TO RESPOND TO REQUESTS FOR INFORMATION. IF THE TRANSACTION IS DEEMED TO BE REASONABLE BY THE DISINTERESTED DIRECTORS (IN THE CASE OF A CONFLICT INVOLVING A DIRECTOR OR THE CHIEF EXECUTIVE OFFICER) OR CHIEF EXECUTIVE OFFICER (IN THE CASE OF A CONFLICT INVOLVING ANOTHER OFFICER OR KEY EMPLOYEE), THE ORGANIZATION MAY ENTER INTO THE TRANSACTION, AS LONG AS IT IS FAIR AND REASONABLE TO THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DETERMINES COMPENSATION FOR ITS CHIEF EXECUTIVE OFFICER, OTHER OFFICERS, AND KEY EMPLOYEES BASED ON A COMPENSATION STUDY. THE BOARD IS PRESENTED WITH STUDY DATA, REVIEWS IT TO DETERMINE REASONABLE COMPENSATION AND THEN APPROVES COMPENSATION FOR THESE INDIVIDUALS ACCORDINGLY. BILL & MELINDA GATES FOUNDATION, THE SOLE MEMBER OF BILL & MELINDA GATES MEDICAL RESEARCH INSTITUTE, CONDUCTED THE INITIAL COMPENSATION REVIEWS IN 2017, INCLUDING THE COMPENSATION PACKAGE FOR THE CHIEF EXECUTIVE OFFICER. IN 2018, COMPENSATION FOR ALL OFFICERS AND KEY EMPLOYEES WAS REVISITED BY THE BILL & MELINDA GATES MEDICAL RESEARCH INSTITUTE BOARD AND DEEMED REASONABLE AND APPROPRIATE BASED ON STUDY DATA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. BILL & MELINDA GATES MEDICAL RESEARCH INSTITUTE'S FINANCIAL STATEMENTS ARE CONSOLIDATED WITH BILL & MELINDA GATES FOUNDATION, AND THE CONSOLIDATED FINANCIAL STATEMENTS ARE AVAILABLE AT WWW.GATESFOUNDATION.ORG. FORM 990, PART VI, SECTION A, LINE 9 ANY OFFICER, DIRECTOR, TRUSTEE, OR KEY EMPLOYEE THAT IS AN EMPLOYEE OF THE BILL & MELINDA GATES FOUNDATION CAN BE REACHED AT THE FOLLOWING ADDRESS. FOR 2018, THIS INCLUDES SUSAN DESMOND-HELLMANN, JIM BROMLEY, TREVOR MUNDEL, EMILIO EMINI, HELENE MADONICK AND ANDREW FARNUM: P.O. BOX 23350 SEATTLE, WA 98102 FORM 990, PART VII, SECTION B, LINE 1 WEBSITE DEVELOPMENT AND COMMUNICATION PLATFORM DEVELOPMENT EXPENSES PAID TO WAGGENER EDSTROM WORLDWIDE, INC. AND STRAIGHTLINE INTERNATIONAL, INC. ARE RELATED TO START-UP EXPENDITURES. FORM 990, PART IX, LINE 11G OTHER FEES FOR SERVICES: PROGRAM SERVICE EXPENSES 136,386. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 136,386. SCIENTIFIC CONSULTING AND TECHNICAL ASSISTANCE: PROGRAM SERVICE EXPENSES 862,004. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 862,004. RECRUITING AND PUBLIC RELATIONS: PROGRAM SERVICE EXPENSES 1,857,606. MANAGEMENT AND GENERAL EXPENSES 292,727. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,150,333. OPERATIONAL ASSISTANCE: PROGRAM SERVICE EXPENSES 551,377. MANAGEMENT AND GENERAL EXPENSES 468,317. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,019,694. 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