2017-11-15T07:14:01-06:00 2016-12-31 061009205 BLUM SHAPIRO & COMPANY PC CPA'S 29 S MAIN STREET PO BOX 272000 WEST HARTFORD CT 061272000 990 2016-01-01 465574304 THE STANLEY FUND FOR THE BROAD INSTITUTE STAN 6177147929 415 MAIN STREET CAMBRIDGE MA 02142 ERIC S LANDER TRUSTEE 6177147929 2017-11-07 1 ELIZABETH SOLECKI P00235171 8605614000 2017-11-07 50.200.120.74 2017-11-07 15:50:59 ES P 04CF82FACBE22E2E1A3654625F6C9BC8304B661D 66876C9D7A8912D94FE5179D9C72F3F6E6F290C8 2016 2017-02-10 21:41:12Z ERIC S LANDER 415 MAIN STREET CAMBRIDGE MA 02142 50082000 0 X N/A X 2014 MA SUPPORTING ORGANIZATION FOR THE BROAD INSTITUTE, INC. 5 4 0 0 51142 23533 40568300 50000000 0 0 16000 82000 0 0 40584300 50082000 0 73000000 0 0 0 0 0 0 0 5140 17065 5140 73017065 40579160 -22935065 40579160 35644095 40579160 18000000 0 17644095 X SUPPORTING ORGANIZATION FOR THE BROAD INSTITUTE, INC. 0 0 73000000 73000000 SEE SCHEDULE O 73000000 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 0 0 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 MA X THE BROAD INSTITUTE INC 6177147929 415 MAIN STREET CAMBRIDGE MA 021421401 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 1143360 293949 EDWARD SCOLNICK TRUSTEE 1.00 60.00 X 0 0 0 JONATHAN STANLEY TRUSTEE 1.00 0.00 X 0 0 0 0 1143360 293949 0 0 1 0 0 50000000 50000000 82000 51142 30858 50082000 0 51142 30858 73000000 73000000 11889 11889 TAXES 4000 4000 ADMINISTRATIVE FEES 1176 1176 73017065 73000000 17065 0 40295010 30359945 284150 5284150 40579160 35644095 40579160 18000000 40579160 18000000 X 0 17644095 0 17644095 40579160 35644095 X -22935065 40579160 X 0 1 X 1 0 X X X 1 THE BROAD INSTITUTE INC 263428781 7 1 73000000 0 1 73000000 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 THEODORE R. STANLEY ("TRS") WAS ALSO A SHAREHOLDER. TRS WAS NOT A TRUSTEE OF THE SUPPORTING ORGANIZATION BUT IS A SUBSTANTIAL CONTRIBUTOR TO IT UNDER THE DEFINITION OF SECTION 4946 AND THEREFORE A DISQUALIFIED PERSON. UNDER SOME DEFINITIONS OF CONTROL, TRS MAY BE DEEMED TO HAVE HELD A CONTROLLING INTEREST IN MBI. AS OF THE END OF THE TAX YEAR OF THIS RETURN, MBI SHARES CONSTITUTED APPROXIMATELY .8% OF THE TOTAL ASSETS OF THE SUPPORTING ORGANIZATION. PART IV, LINE 9C AS NOTED ABOVE, TRS DERIVED BENEFIT FROM SHARES OF MBI AS A SHAREHOLDER. HIS SON JONATHAN STANLEY ALSO HAS A BENEFICIAL INTEREST IN SHARES OF MBI AND IS A DISQUALIFIED PERSON BY REASON OF HIS RELATIONSHIP TO TRS AND HIS STATUS AS A TRUSTEE OF THE SUPPORTING ORGANIZATION. JULIUS FRIESE, A TRUSTEE OF THE SUPPORTING ORGANIZATION, IS AN EMPLOYEE OF MBI. THE FUNDING OF THE SUPPORTING ORGANIZATION WITH STOCK OF MBI 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 IRS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 MBI, INC. 284150 C INVESTMENTS HELD BY THE BROAD INSTITUTE, INC. 5000000 C 5284150 PLEDGES PAYABLE 13000000 DUE TO THE BROAD INSTITUTE, INC. 5000000 18000000 50082000 0 50082000 0 50082000 73017065 0 73017065 0 73017065 1 THE BROAD INSTITUTE INC 415 MAIN STREET CAMBRIDGE MA 02142 263428781 501 ( C ) (3) 73000000 TO PROVIDE SUPPORT FOR THE ORGANIZATION. 1 1 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 1140126 0 0 0 3234 0 270249 0 23700 0 1437309 0 0 PART I, LINE 4B AS AN ELEMENT OF HIS AMENDED AND RESTATED EMPLOYMENT CONTRACT WITH THE BROAD INSTITUTE EFFECTIVE JULY 1, 2014, ERIC LANDER, THE PRESIDENT/CEO OF THE BROAD INSTITUTE, WILL BE ENTITLED TO RECEIVE LUMP SUM PAYMENTS FROM THE BROAD INSTITUTE ON JUNE 30, 2018 AND 2019 IF HE REMAINS IN THE POSITION OF CORE FACULTY MEMBER OF THE BROAD INSTITUTE. 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 FOR THE PUBLIC GOOD. 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 DECREASE THE BURDEN OF PSYCHIATRIC DISORDERS 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 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, BLUMSHAPIRO. 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 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 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: RECLASS OF NET ASSETS HELD FOR BENEFIT OF BROAD INSTITUTE TO NET ASSETS 40,579,160. 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