2019-11-14T16:56:34-06:00 2018-12-31 061009205 BLUM SHAPIRO & COMPANY PC ONE INTERNATIONAL PLACE 16TH FLOOR BOSTON MA 02110 990 2018-01-01 465574304 THE STANLEY FUND FOR THE BROAD INSTITUTE STAN 6177147563 415 MAIN STREET CAMBRIDGE MA 02142 ERIC S LANDER TRUSTEE 6177147563 2019-11-12 1 LAURA J KENNEY P00202198 6177170831 2019-11-11 64.251.63.131 2019-11-12 20:35:42 ES P 3C3F3A9A6A2C4A7FAF67B2138946307825C80BAE B49528270D5C596423F272EFB472E66EFBF6AFC8 2018 2020-03-31 21:24:44Z ERIC S LANDER 415 MAIN STREET CAMBRIDGE MA 02142 78838625 0 X N/A X 2014 MA SUPPORTING ORGANIZATION FOR THE BROAD INSTITUTE, INC. 5 4 0 0 49039 19645 50000000 52203909 0 0 465446 1368479 0 0 50465446 53572388 58000000 44000000 0 0 0 0 0 0 0 114221 40067 58114221 44040067 -7648775 9532321 38739483 38415549 28000000 20000488 10739483 18415061 X SUPPORTING ORGANIZATION FOR THE BROAD INSTITUTE, INC. 0 0 44000000 44000000 SEE SCHEDULE O 44000000 1 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 5 4 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 MA X X DAN SHORE THE BROAD INSTITUTE INC 6177147563 415 MAIN STREET CAMBRIDGE MA 021421401 X JULIUS FRIESE TRUSTEE 1.00 0.00 X 0 0 0 STEVEN E HYMAN TRUSTEE 1.00 60.00 X 0 0 0 ERIC LANDER TRUSTEE 1.00 60.00 X 0 1862087 168486 EDWARD SCOLNICK TRUSTEE 1.00 60.00 X 0 0 0 JONATHAN STANLEY TRUSTEE 1.00 0.00 X 0 0 0 0 1862087 168486 0 0 1 0 0 52203909 27203909 52203909 656509 49039 607470 25978207 25266237 711970 711970 711970 53572388 0 49039 1319440 44000000 44000000 55888 55888 ADMINISTRATIVE FEES 1081 1081 TAXES -16902 -16902 44040067 44000000 40067 0 53724 105471 22416083 11018820 22845 20253 0 16900 16246831 27254105 38739483 38415549 0 488 28000000 20000000 28000000 20000488 X 10739483 18415061 10739483 18415061 38739483 38415549 9532321 -1856743 0 X 0 1 X 1 0 X X X 1 THE BROAD INSTITUTE INC 263428781 7 1 44000000 0 1 44000000 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 PART IV, LINE 9B THE SUPPORTING ORGANIZATION HOLDS LESS THAN 1% OF THE STOCK OF MBI, INC., A BUSINESS CORPORATION OF WHICH THE SETTLOR, THEODORE R. STANLEY ("TRS"), (DECEASED 2016), WAS ALSO A SHAREHOLDER. TRS WAS NOT A TRUSTEE OF THE SUPPORTING ORGANIZATION BUT WAS A SUBSTANTIAL CONTRIBUTOR TO IT UNDER THE DEFINITION OF IRC SECTION 4946 AND THEREFORE A DISQUALIFIED PERSON. THE STANLEY FAMILY FOUNDATION ("THE FOUNDATION") IS ALSO A SUBSTANTIAL CONTRIBUTOR TO THE SUPPORTING ORGANIZATION AND THEREFORE IS CONSIDERED A DISQUALIFIED PERSON UNDER IRC SECTION 4946. MBI, INC. IS DEEMED TO BE A CONTROLLED ENTITY OF THE STANLEY FAMILY FOUNDATION BECAUSE THE FOUNDATION OWNS MORE THAN 50% OF THE VALUE OF THE MBI, INC. STOCK. AT THE END OF TAX YEAR 2018, MBI, INC. SHARES CONSTITUTED APPROXIMATELY 5.7% OF THE TOTAL ASSETS OF THE SUPPORTING ORGANIZATION. PART IV, LINE 9C TRUSTEE JONATHAN STANLEY, SON OF THE SUPPORTING ORGANIZATION'S SETTLOR, THEODORE R. STANLEY, HAS A BENEFICIAL INTEREST IN SHARES OF MBI, INC. AND IS A DISQUALIFIED PERSON BY REASON OF HIS RELATIONSHIP TO THE SETTLOR AND HIS POSITION AS A TRUSTEE OF THE SUPPORTING ORGANIZATION. JULIUS FRIESE, A TRUSTEE OF THE SUPPORTING ORGANIZATION, IS AN EMPLOYEE OF MBI. THE STANLEY FAMILY FOUNDATION, OF WHICH JONATHAN STANLEY AND JULIUS FRIESE ARE TRUSTEES, IS A SUBSTANTIAL CONTRIBUTOR TO THE SUPPORTING ORGANIZATION AND HAS AN OWNERSHIP INTEREST IN MBI, INC. THE FUNDING OF THE SUPPORTING ORGANIZATION WITH STOCK OF MBI, INC. AND THE RELATIONSHIPS TO MBI OF TRS, JONATHAN STANLEY, AND JULIUS FRIESE WERE ALL DISCLOSED ON THE FORM 1023 FILED FOR THE SUPPORTING ORGANIZATION AND APPROVED BY THE INTERNAL REVENUE SERVICE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 MBI, INC. 2174997 F INVESTMENTS HELD BY THE BROAD INSTITUTE, INC. 25079108 F 27254105 PLEDGES PAYABLE 20000000 20000000 51715645 -1856743 -1856743 53572388 0 53572388 44040067 0 44040067 0 44040067 1 THE BROAD INSTITUTE INC 415 MAIN STREET CAMBRIDGE MA 02142 263428781 501(C)(3) 44000000 TO PROVIDE SUPPORT FOR THE ORGANIZATION. 1 0 PART I, LINE 2: PLEDGES AND DISTRIBUTIONS ARE APPROVED BY THE TRUSTEES AND DOCUMENTED IN THE TRUSTEE MEETING MINUTES. PLEDGES AND DISTRIBUTIONS WERE PROVIDED TO THE BROAD INSTITUTE, INC., WHICH IS THE STANLEY FUND FOR THE BROAD INSTITUTE'S SUPPORTED ORGANIZATION. 0 1 0 0 0 0 0 0 0 ERIC LANDER TRUSTEE 0 1302458 0 0 0 559629 0 142140 0 26346 0 2030573 0 469330 PART I, LINE 4B AS AN ELEMENT OF HIS AMENDED AND RESTATED EMPLOYMENT CONTRACT EFFECTIVE JULY 1, 2014, THE PRESIDENT/CEO RECEIVED A LUMP SUM PAYMENT OF $536,377 ON JUNE 30, 2018 AND 2019, RESPECTIVELY, WHICH HE WAS ENTITLED TO RECEIVE UPON REMAINING IN THE POSITION OF CORE FACULTY MEMBER OF THE BROAD INSTITUTE. X 2 25266237 FMV X 1 1937672 FMV 0 0 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS ARE USED FOR REPORTING THE LIST OF NONCASH CONTRIBUTIONS. FORM 990, PART III, LINE 4A: THE STANLEY FUND FOR THE BROAD INSTITUTE (THE "FUND") WAS ESTABLISHED UNDER A TRUST AGREEMENT BY THE SETTLOR AND TRUSTEES ON APRIL 22, 2014. THE FUND WAS ESTABLISHED AS A TYPE I SUPPORTING ORGANIZATION OF THE BROAD INSTITUTE, INC., A BIOMEDICAL RESEARCH INSTITUTE CREATED THROUGH COLLABORATIVE EFFORTS OF THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY AND HARVARD UNIVERSITY ("THE BROAD"). THE BROAD'S OVERALL MISSION IS TO PROPEL PROGRESS IN BIOMEDICINE THROUGH RESEARCH AIMED AT THE UNDERSTANDING AND TREATMENT OF DISEASE, AND THE DISSEMINATION OF SCIENTIFIC KNOWLEDGE TO THE SCIENTIFIC COMMUNITY TO BENEFIT THE PUBLIC. ONE OF THE BROAD'S RESEARCH AREAS IS PSYCHIATRIC DISEASES. IN THAT AREA, THE BROAD OPERATES THE STANLEY CENTER FOR PSYCHIATRIC RESEARCH ("THE STANLEY CENTER"), WHICH HAS THE SPECIFIC MISSION "TO REDUCE THE BURDEN OF SERIOUS MENTAL ILLNESS THROUGH RESEARCH." THE STANLEY CENTER CARRIES ON WORK IN COLLABORATION WITH INVESTIGATORS THROUGHOUT THE WORLD. THE FUND PROVIDES FINANCIAL SUPPORT FOR THE ACTIVITIES OF THE STANLEY CENTER AT THE BROAD. IT IS MANAGED BY A BOARD OF TRUSTEES. THE FUND'S ACTIVITIES ARE THE INVESTMENT OF ASSETS AND THE PAYMENT OF FUNDS TO THE BROAD IN SUPPORT OF ITS CHARITABLE AND SCIENTIFIC PURPOSES UNDER THE DIRECTION OF THE TRUSTEES SELECTED BY THE BROAD. FORM 990, PART VI, SECTION A, LINE 2 TRUSTEES JULIUS FRIESE AND JONATHAN STANLEY HAVE A BUSINESS RELATIONSHIP. TRUSTEES ERIC LANDER, STEVEN E. HYMAN, AND EDWARD SCOLNICK HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE STANLEY FUND FOR THE BROAD INSTITUTE'S FORM 990 WAS PREPARED WITH THE ASSISTANCE OF THE FUND'S TAX PREPARER, BLUM, SHAPIRO AND COMPANY, P.C. THE DRAFT FORM 990 WAS PROVIDED TO ALL TRUSTEES FOR REVIEW AND COMMENT PRIOR TO THE FORM BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE IS REQUIRED TO ANNUALLY ACKNOWLEDGE HIS/HER FAMILIARITY WITH THE CONFLICT OF INTEREST POLICY AND DISCLOSE IN WRITING ANY EXISTING FINANCIAL OR OTHER MATERIAL INTERESTS SUBJECT TO THIS POLICY BY COMPLETING A CONFLICT OF INTEREST DISCLOSURE STATEMENT. THE CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE REVIEWED ANNUALLY BY THE TRUSTEES. DISCUSSION AND ACTIONS TAKEN, IF NEEDED, RELATED TO THE CONFLICT OF INTEREST DISCLOSURE ARE HELD AT TRUSTEE MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 NO COMPENSATION IS PAID BY THE STANLEY FUND FOR THE BROAD INSTITUTE. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 IS MADE AVAILABLE UPON REQUEST AND ON GUIDESTAR.ORG. THE FORM 1023 IS MADE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII: TRUSTEES STEVEN E. HYMAN AND EDWARD SCOLNICK ARE CORE MEMBERS OF THE BROAD INSTITUTE WHO RECEIVE NO COMPENSATION FROM THE STANLEY FUND FOR THE BROAD INSTITUTE OR RELATED ORGANIZATIONS. THE BROAD INSTITUTE INC 415 MAIN STREET CAMBRIDGE MA 02142 263428781 RESEARCH MA 501(C)(3) LINE 7 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0