2017-11-10T12:37:20-06:00 2017-06-30 420714325 RSM US LLP 8020 EXCELSIOR DR STE 100 MADISON WI 53717 990 2016-07-01 390833612 WISCONSIN ALUMNI RESEARCH FOUNDATION WISC 6082632825 614 WALNUT STREET 13TH FLOOR MADISON WI 53726 ALYSSA THOENY INTERIM CFO/CONTROLLER 6082632825 2017-11-07 1 JAMES G GRAHAM P00006111 6088333361 108.171.131.187 2017-11-07 11:46:37 CS P 97BBA4DB89D088E023309FAB970BCFE62BA666D9 6ABAC3D6615324EC129DA63A0240018D9D05A147 2016 2017-02-10 21:41:12Z ALYSSA THOENY 614 WALNUT STREET 13TH FLOOR MADISON WI 53726 168067255 0 X WWW.WARF.ORG X 1925 WI ENABLE UNIVERSITY OF WISCONSIN-MADISON RESEARCH TO SOLVE THE WORLD'S PROBLEMS.TO SUPPORT SCIENTIFIC RESEARCH WITHIN THE UW-MADISON COMMUNITY BY PROVIDING FINANCIAL SUPPORT, ACTIVELY MANAGING ASSETS, AND MOVING INNOVATIONS TO THE MARKETPLACE FOR A FINANCIAL RETURN AND GLOBAL IMPACT. 17 15 140 502 67962 -1268957 450225 15767702 21891130 17778383 48661980 128785320 5932807 5735850 76936142 168067255 104403000 85504036 0 0 14959610 15816179 0 0 0 60378900 41150346 179741510 142470561 -102805368 25596694 2933448759 2968285167 490036160 457087167 2443412599 2511198000 X SEE PART I, LINE 1 0 0 101452679 62212344 19403685 1) DIRECT FISCAL 2016-2017 GRANTS OF $62,212,344 WERE MADE TO THE UNIVERSITY OF WISCONSIN - MADISON. THE GRANTS PROVIDED THE UNIVERSITY THE FINANCIAL FLEXIBILITY TO CREATE 143 COMPETITIVE RECRUITMENT PACKAGES TO ATTRACT WORLD-CLASS FACULTY MEMBERS TO JOIN UW-MADISON, AND RETAIN CURRENT FACULTY WHO RECEIVE OUTSIDE OFFERS. THE FOUNDATION SPONSORED GRADUATE STUDENT SUPPORT HELPED RECRUIT AND RETAIN 5,750 TOP QUALITY GRADUATE STUDENTS. THROUGH THE FALL RESEARCH COMPETITION, THE FOUNDATION FUNDED 294 AWARDS AIMED AT SUPPORTING JUNIOR FACULTY AS THEY BUILD THEIR RESEARCH PROGRAMS AND PILOT STUDIES FOR EXTERNAL GRANT APPLICATIONS. THE FOUNDATION ALSO MATCHED 82 GRANTS, WHICH ALLOWED THE UNIVERSITY TO APPLY FOR AND ACCEPT EXTRAMURAL GRANT OPPORTUNITIES THAT REQUIRED A MATCH FROM THE INSTITUTION. THE DIRECT GRANTS ALSO SUPPORTED 6 NAMED PROFESSORSHIPS, 10 NEW KELLETT MID-CAREER FELLOWSHIPS AND 12 NEW ROMNES FACULTY FELLOWSHIPS. THROUGH THE ENDOWMENT FOR EXCELLENCE, THE FOUNDATION FUNDED 37 INTERDISCIPLINARY FACULTY MEMBERS IN THE FOLLOWING AREAS; AGRONOMY, ASTRONOMY, BACTERIOLOGY, BIOMEDICAL ENGINEERING, BIOCHEMISTRY, BIOMOLECULAR CHEMISTRY, BOTANY/STATISTICS, CHEMISTRY, COMPARATIVE BIOSCIENCES, COMPUTER SCIENCE, ENTOMOLOGY, ELECTRICAL & COMPUTER ENGINEERING, ENGINEERING PHYSICS, GENDER AND WOMEN'S STUDIES, GENETICS AND NEUROLOGY, MATERIAL SCIENCE AND ENGINEERING, MATH/ECE, MATHEMATICS, MATERIAL SCIENCE, MECHANICAL ENGINEERING, NEUROSCIENCE, NEUROSCIENCE AND NEUROLOGY, PHARMACY, PHYSICS, PLANT PATHOLOGY, PSYCHOLOGY, RADIOLOGY, AND URBAN & REGIONAL PLANNING. THE PATENT AND LICENSING FUNCTION PRODUCED THE FOLLOWING RESULTS DURING THE YEAR: THE UNIVERSITY OF MADISON DISCLOSED 382 INVENTIONS TO THE WISCONSIN ALUMNI RESEARCH FOUNDATION. THE FOUNDATION FILED 269 U.S. PATENT APPLICATIONS AND 263 FOREIGN PATENT APPLICATIONS ON BEHALF OF THE UNIVERSITY OF WISCONSIN. DURING THE 2016-2017 FISCAL YEAR 190 U.S. PATENTS AND 123 FOREIGN PATENTS WERE GRANTED TO THE FOUNDATION BY THE RESPECTIVE PATENT OFFICES.UNDER FEDERAL LAW (I.E. THE BAYH DOLE ACT) UNIVERSITIES OR THEIR 501(C)(3) PATENT MANAGEMENT ORGANIZATIONS HAVE THE RIGHT TO TAKE TITLE TO INVENTIONS MADE IN THE COURSE OF UNIVERSITY RESEARCH FUNDED IN WHOLE OR IN PART BY AN AGENCY OF THE FEDERAL GOVERNMENT. THE UNIVERSITY OF WISCONSIN - MADISON HAS DELEGATED THIS RIGHT TO WARF. WARF IS THE DESIGNATED PATENT MANAGEMENT ORGANIZATION FOR THE UNIVERSITY OF WISCONSIN- MADISON AND IN THAT ROLE WARF EXERCISES THE UNIVERSITY'S RIGHTS AND OBLIGATIONS UNDER THE BAYH DOLE ACT. DURING THE 2016-2017 FISCAL YEAR, 74 NEW COMMERCIAL LICENSES OR OPTIONS AND 2 EQUITY AGREEMENT WERE CLOSED. 23291692 23291692 4042586 MORGRIDGE INSTITUTE FOR RESEARCH, INC. WAS ESTABLISHED ON NOVEMBER 24, 2006, AS AN INDEPENDENT RESEARCH INSTITUTE THAT PROVIDES UW-MADISON INNOVATIVE NEW WAYS TO CONDUCT BIOMEDICAL RESEARCH AND EDUCATE THE COMMUNITY.MORGRIDGE'S MISSION IS TO IMPROVE HUMAN HEALTH BY CONDUCTING AND TRANSLATING INNOVATIVE, INTERDISCIPLINARY BIOMEDICAL RESEARCH IN PARTNERSHIP WITH THE UNIVERSITY OF WISCONSIN-MADISON, BY LEVERAGING OUR COLLECTIVE STRENGTHS IN RESEARCH AND EDUCATION.DURING FISCAL 2016-2017, THE MORGRIDGE INSTITUTE FOR RESEARCH MAINTAINED THE FOLLOWING PROGRAMS:HIGH THROUGHPUT COMPUTATION: HARNESSING COMPUTING POWER TO ADDRESS NEW QUESTIONS IN BIOLOGY. REGENERATIVE BIOLOGY: UNDERSTANDING AND DIRECTING CELLULAR FATES TO IMPROVE HUMAN HEALTH. MEDICAL ENGINEERING: ADVANCING TECHNOLOGIES TO BETTER DIAGNOSE, TREAT AND PREVENT DISEASE. VIROLOGY: UNLOCKING THE SECRETS OF VIRUS-HOST INTERACTIONS TO BETTER PROTECT HUMAN HEALTH. BIOMEDICAL ETHICS: ADDRESSING EMERGING ETHICAL ISSUES AND BUILDING A CULTURE OF RESPONSIBLE SCIENCE.METABOLISM: STUDYING THE CHEMISTRY OF LIFE AND ITS DISRUPTION IN HUMAN DISEASE. DISCOVERY OUTREACH PROGRAMS OFFER LITERALLY HUNDREDS OF OPPORTUNITIES ANNUALLY FOR PEOPLE TO EXPERIENCE THE VIBRANCY OF UW-MADISON SCIENCE. WICELL RESEARCH INSTITUTE, INC.'S MISSION IS TO SUPPORT STEM CELL RESEARCH AT THE UNIVERSITY OF WISCONSIN-MADISON AND THE DEVELOPMENT OF STEM CELL CLINICAL APPLICATIONS WORLDWIDE.WICELL IS A SUPPORTING ORGANIZATION OF THE UNIVERSITY OF WISCONSIN-MADISON, A WORLD LEADER IN THE AREA OF HUMAN PLURIPOTENT STEM CELL RESEARCH. WICELL WAS ESTABLISHED IN 1999 TO ADVANCE THE SCIENCE OF STEM CELLS. THE GLOBAL LEADER IN CELL BANKING, CYTOGENETIC TESTING AND DISTRIBUTION OF STEM CELL LINES, WICELL BUILDS ON THESE CORE STRENGTHS BY ALSO PROVIDING CLINICAL GRADE PLURIPOTENT STEM CELL LINES, QUALITY CONTROL TESTING AND CELL BANKING SERVICES.AS A SUPPORT ORGANIZATION FOR UW-MADISON, WICELL OFFERS A WIDE ARRAY OF SERVICES AND SUPPORT DESIGNED TO KEEP UW AT THE FOREFRONT OF ADVANCES IN STEM CELL TECHNOLOGY. CURRENT OFFERINGS INCLUDE: - PRE-QUALIFIED REAGENTS SUCH AS MEDIA AND MEDIA COMPONENTS, MATRICES, MEFS AND ANTIBODIES- A FULL RANGE OF CYTOGENETIC TESTING SERVICES- SPECIALIZED TESTING INCLUDING TERATOMA SERVICES AND HISTOLOGICAL ANALYSIS, MYCOPLASMA SCREENING AND QUALITY CONTROL TESTING- HIGH QUALITY AND WELL CHARACTERIZED CELL LINES FROM THE WICELL STEM CELL BANK - TECHNICAL ASSISTANCE AND HANDS-ON TRAINING- FULLY EQUIPPED LABORATORY SPACE- GRANT WRITING ASSISTANCE FOR BUDGETING AND CORE SERVICES NEEDSDURING FISCAL YEAR 2016-2017, WICELL DISTRIBUTED 376 HUMAN CELL LINES TO COMMERCIAL AND ACADEMIC RESEARCH LABORATORIES BRINGING THE TOTAL CELL LINES DISTRIBUTED TO DATE TO 4,103.WICELL OPERATES ITS RESEARCH FACILITIES WITH 21 SCIENTISTS, RESEARCH TECHNICIANS AND ADMINISTRATIVE PERSONNEL. 124744371 1 1 0 1 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 841 0 1 140 1 1 1 0 0 0 0 0 0 0 0 0 X 17 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI CA X X ALYSSA THOENY 6083164031 614 WALNUT STREET 13TH FLOOR MADISON WI 53726 JOHN P MORGRIDGE TRUSTEE 2.00 2.00 X 0 0 0 DORIS MEISSNER TRUSTEE 2.00 X 28000 0 0 THOMAS F PYLE TRUSTEE 4.00 3.00 X 26750 15500 0 CAROL N SKORNICKA TRUSTEE 4.00 2.00 X 35500 15000 0 JOAN E SPERO TRUSTEE 2.00 X 36000 0 0 JEFFREY C SPRECHER TRUSTEE 2.00 X 33000 0 0 GORDON F BRUNNER TRUSTEE 3.00 1.00 X 33000 1000 0 CARL E GULBRANDSEN TRUSTEE/MANAGING DIRECTOR 33.00 7.00 X X 801285 15000 34379 PATRICIA LIPTON TRUSTEE/SECRETARY 4.00 2.00 X X 41000 15000 0 KEITH R LOBO TRUSTEE 2.00 X 28000 0 0 PETER P TONG TRUSTEE/CHAIR 6.00 2.00 X X 47000 5000 0 NORMAN BOBINS TRUSTEE/TREASURER 4.00 X X 28000 0 0 DAVID SMUKOWSKI TRUSTEE 2.00 X 26000 0 0 REBECCA BLANK TRUSTEE 2.00 X 28000 0 0 JAMES BERBEE TRUSTEE/VICE CHAIR 4.00 3.00 X X 36000 16500 0 WINSLOW SARGEANT TRUSTEE 2.00 2.00 X 28000 5000 0 ERIK IVERSON TRUSTEE/MANAGING DIRECTOR 36.00 4.00 X X 242127 10000 22905 STEVE MIXTACKI CFO/COO 39.00 1.00 X 366841 0 463592 ALYSSA THOENY INTERIM CFO/CONTROLLER 40.00 X 180541 0 60925 LEIGH CAGAN CHIEF TECHNOLOGY COMMERCIA 40.00 X 358703 0 181555 MICHAEL FALK GENERAL COUNSEL/COO 39.00 2.00 X 378376 500 215897 CARRIE THOME CHIEF INVESTMENT OFFICER 40.00 X 965336 0 210874 ALAIN HUNG ASSOC DIR OF INVESTMENTS 40.00 X 567237 0 188325 STEPHANIE ADAMANY DEPUTY GENERAL COUNSEL 39.00 1.00 X 246871 0 139561 LAURA HEISLER DIRECTOR OF PROGRAMMING 40.00 X 193312 0 156348 CRAIG HEIM PORTFOLIO MANAGER 40.00 X 242150 0 141214 RYAN ABRAMS PORTFOLIO MANAGER 40.00 X 250268 0 75446 5247297 98500 1891021 33 0 1 0 IRELL & MANELLA LLP 1800 AVENUE OF THE STARS SUITE 900 LOS ANGELES CA 90067 LEGAL SERVICES 2206644 QUARLES & BRADY LLP 33 E MAIN ST SUITE 900 MADISON WI 53703 LEGAL SERVICES 1961626 CPA GLOBAL LTD LIBERATION HOUSE CASTLE STREET ST HELIER CHANNEL ISLANDS JE JE1 1BL PATENT LEGAL/ANNUITY SERVICE 1445866 FINNEGAN HENDERSON FARABOW DEPT 6059 WASHINGTON DC 20042 LEGAL SERVICES 1022842 BOYLE FREDERICKSON 940 N PLANKINTON AVE MILWAUKEE WI 53203 LEGAL SERVICES 944737 23 15767702 15369615 15767702 ROYALTIES 900099 15696130 15696130 LICENSING 900099 2082253 2082253 17778383 6461465 6461465 2409753 0 2409753 2409753 2409753 122313855 10000 0 0 122313855 10000 122323855 122323855 MIR BLDG COSTS REIMBURSEMENT 900099 1340837 1340837 WARF PATENT REVENUE 900099 1174999 1174999 OTHER INCOME 900099 450303 450303 359958 291996 67962 3326097 168067255 23446271 67962 128785320 85504036 85504036 7982394 2309552 5672842 6428220 4400424 2027796 1007509 622658 384851 398056 278389 119667 102485 102485 1238818 1238818 169695 169695 165504 165504 6914994 6914994 736143 519954 216189 148206 67274 80932 226150 113346 112804 425075 57540 367535 4084609 4084609 2159280 1738542 420738 197978 108911 89067 144933 121233 23700 6257483 6155181 102302 5770357 5730197 40160 401514 204075 197439 DOMESTIC LEGAL/PATENTS 4111097 4111097 ACCELERATOR PROGRAM PRO 2568697 2568697 FOREIGN LEGAL/PATENTS 1872684 1872684 FOREIGN PATENT MAINT FE 1491446 1491446 1963198 1445708 517490 142470561 124744371 17726190 0 3147960 4396027 6631750 619825 257100 165145 142070 82816 182957360 41114406 147613320 141842954 727654 407502 2694052501 2703893159 48169852 53344098 32706552 63533641 2933448759 2968285167 11274450 12660179 287238310 256204120 28160 28162 144044920 140431488 47450320 47763218 490036160 457087167 X 2261518599 2309530000 181894000 201668000 2443412599 2511198000 2933448759 2968285167 X 25596694 34228903 7959804 X X 0 1 X 1 0 X X 2 UNIVERSITY OF WISCONSIN-MADISON 396006492 2 1 62212344 0 MORGRIDGE INSTITUTE FOR RESEARCH 208325570 4 1 23291692 0 2 85504036 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X PART IV, SECTION D, ITEM 3: THE BY-LAWS OF THE ORGANIZATION MANDATE THAT THE CHANCELLOR FOR THE UNIVERSITY OF WISCONSIN-MADISON (UNIVERSITY) BE A MEMBER OF THE BOARD OF TRUSTEES. THE CURRENT TRUSTEE SERVING IN THIS ROLE IS CHANCELLOR REBECCA BLANK. THE BY-LAWS OF THE MORGRIDGE INSTITUTE FOR RESEARCH (MIR) MANDATE THAT THE MANAGING DIRECTOR OF THE ORGANIZATION ALSO SERVE AS A MEMBER OF THE BOARD OF TRUSTEES FOR MIR. IN ADDITION, EIGHT (8) OF MIR'S BOARD MEMBERS CURRENTLY SERVE ON THE ORGANIZATION'S BOARD OF TRUSTEES. CHANCELLOR BLANK AND THE OVERLAPPING TRUSTEES OF MIR AND THE ORGANIZATION HAVE AN INFLUENTIAL ROLE AND SIGNIFICANT VOICE IN THE ORGANIZATION'S INVESTMENT POLICIES AND IN DIRECTING THE USE OF THE ORGANIZATION'S INCOME OR ASSETS. THE ORGANIZATION'S INVESTMENT POLICY IS DESIGNED TO PROVIDE STABLE SOURCES OF SUPPORT THAT ARE RESPONSIVE TO THE REQUESTS BY THE UNIVERSITY AND MIR FOR FUNDING TO SUPPORT THEIR RESEARCH AND OTHER PROGRAMS, BUILDING FACILITIES, AND OTHER NEEDS. PART IV, SECTION E, ITEM 1C: THE ORGANIZATION'S MISSION IS TO SUPPORT THE UNIVERSITY OF WISCONSIN-MADISON (UNIVERSITY), A GOVERNMENTAL ENTITY TO WHICH THE ORGANIZATION IS RESPONSIVE, AND MORGRIDGE INSTITUTE FOR RESEARCH (MIR), WHICH WORKS CLOSELY WITH THE UNIVERSITY, IN THEIR RESPECTIVE ROLES AS TWENTY-FIRST CENTURY LEADERS IN RESEARCH, DISCOVERY AND INNOVATION. THE ORGANIZATION PROVIDES NECESSARY TECHNOLOGY TRANSFER SERVICES TO THE UNIVERSITY AND MIR (INCLUDING WORKING WITH UNIVERSITY AND MIR RESEARCHERS IN THE INVENTION DISCLOSURE PROCESS, EVALUATING DISCLOSED INVENTIONS AND TECHNOLOGY FOR PATENTABILITY AND COMMERCIAL POTENTIAL, AND LICENSING PATENTS AND OTHER TECHNOLOGY DEVELOPED AT THE UNIVERSITY AND MIR, AND PROVIDING SUPPORT REGARDING AND/OR FULFILLING CERTAIN OBLIGATIONS RELATED TO THE BAYH-DOLE ACT) THAT WOULD OTHERWISE BE PERFORMED BY THESE ORGANIZATIONS. IT ALSO PROVIDES SUBSTANTIAL SERVICES TO MIR AND UNIVERSITY-AFFILIATED ORGANIZATIONS WHICH ARE PERFORMED BY WARF EMPLOYEES IN AREAS SUCH AS HUMAN RESOURCES, INFORMATION TECHNOLOGY, LEGAL AND ACCOUNTING, AND WHICH WOULD OTHERWISE NORMALLY BE PERFORMED BY THE ORGANIZATIONS THEMSELVES. IN ADDITION, THE ORGANIZATION MAKES GRANTS TO OR FOR THE BENEFIT OF THE UNIVERSITY AND MIR THAT SUPPORT RESEARCH PROGRAMS, BUILDING FACILITIES, AND OTHER RESEARCH RELATED PRIORITIES OF THE SUPPORTED ORGANIZATIONS, SUCH AS RECRUITMENT AND RETENTION OF FACULTY AND TOP QUALITY GRADUATE STUDENTS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 165504 165504 148554667 148720171 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 240441 240446 240094 165504 886485 250000 250000 250000 250000 1000000 1500000 15340740 15340740 142332550 23326977 119005573 970610 922141 48469 24313460 16865288 7448172 141842954 MONEY MARKET FUNDS 461640274 F HEDGE FUNDS 1748363450 F FIXED INCOME 149497543 F PRIVATE EQUITY - LTD PS 316307986 F INVESTMENT IN WARF STARTUP COMPANIES 28083906 C 2703893159 ROYALTIES PAYABLE 5092787 DUE TO BROKER 14655694 ACCRUED PENSION FUND 9742737 DERIVATIVE CONTRACT LIABILITIES 18272000 47763218 X 194101001 34228903 34228903 159872098 8195157 8195157 168067255 134260370 0 134260370 8210191 8210191 142470561 PART X, LINE 2: THE FOUNDATION, WICELL, MORGRIDGE, AND PROPERTIES HAVE BEEN GRANTED AN EXEMPTION FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. UNDER THIS EXEMPTION, INCOME TAX IS PAID ONLY ON NET UNRELATED BUSINESS INCOME. THE ORGANIZATIONS ARE ALSO EXEMPT FROM WISCONSIN INCOME AND REAL ESTATE TAX. THE ORGANIZATION FOLLOWS THE GUIDANCE RELATIVE TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). ANY TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE ORGANIZATION FILES FORMS 990 IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF WISCONSIN. PART XI, LINE 4B - OTHER ADJUSTMENTS: SHARED ROYALTIES NETTED AGAINST INCOME IN AUDIT 4,084,609. UBIT REVENUE RECORDED IN EXPENSES IN AUDIT 67,692. REIMBURSED EXPENSES FROM AFFILIATE NETTED AGAINST EXPENSES IN AUDIT 4,042,856. PART XII, LINE 4B - OTHER ADJUSTMENTS: SHARED ROYALTIES NETTED AGAINST EXPENSES IN AUDIT 4,084,609. UBIT REVENUE RECORDED IN EXPENSES IN AUDIT 67,692. REIMBURSED EXPENSES FROM AFFILIATE NETTED AGAINST EXPENSES IN AUDIT 4,042,856. PENSION PLAN OBLIGATION 15,034. 1 UNIVERSITY OF WISCONSIN - MADISON 1025 W JOHNSON ST MADISON WI 53706 396006492 115 62212344 SEE PROGRAM SERVICE ACCOMPLISHMENTS; FORM 990, PART III, LINE 4A MORGRIDGE INSTITUTE FOR RESEARCH 330 N ORCHARD ST MADISON WI 537151119 208325570 501(C)(3) 23291692 SEE PROGRAM SERVICE ACCOMPLISHMENTS; FORM 990, PART III, LINE 4B 2 PART I, LINE 2: 1) UW-MADISON - THE UNIVERSITY PROVIDES WARF WITH AN ANNUAL SUMMARY OF GRANT EXPENDITURES THAT DETAILS HOW THE GRANT FUNDS WERE SPENT FROM THE PREVIOUS YEAR. 2) MORGRIDGE INSTITUTE FOR RESEARCH - WARF HAS ACCESS TO THE FINANCIAL STATEMENTS OF THE ORGANIZATION. ALSO, WARF'S MANAGING DIRECTOR SITS ON THE ORGANIZATION'S BOARD. X X X X X 0 0 0 0 0 0 0 0 0 CARL E GULBRANDSEN TRUSTEE/MANAGING DIRECTOR 344517 15000 456768 0 0 0 0 0 34379 0 835664 15000 0 0 ERIK IVERSON TRUSTEE/MANAGING DIRECTOR 242127 10000 0 0 0 0 0 0 22905 0 265032 10000 0 0 STEVE MIXTACKI CFO/COO 298325 0 68516 0 0 0 434250 0 29342 0 830433 0 0 0 ALYSSA THOENY INTERIM CFO/CONTROLLER 157541 0 23000 0 0 0 31244 0 29681 0 241466 0 0 0 LEIGH CAGAN CHIEF TECHNOLOGY COMMERCIA 284463 0 74240 0 0 0 153437 0 28118 0 540258 0 0 0 MICHAEL FALK GENERAL COUNSEL/COO 301316 500 77060 0 0 0 181460 0 34437 0 594273 500 0 0 CARRIE THOME CHIEF INVESTMENT OFFICER 519577 0 445759 0 0 0 162644 0 48230 0 1176210 0 0 0 ALAIN HUNG ASSOC DIR OF INVESTMENTS 339064 0 228173 0 0 0 149450 0 38875 0 755562 0 0 0 STEPHANIE ADAMANY DEPUTY GENERAL COUNSEL 203737 0 43134 0 0 0 108497 0 31064 0 386432 0 0 0 LAURA HEISLER DIRECTOR OF PROGRAMMING 161846 0 31466 0 0 0 126482 0 29866 0 349660 0 0 0 CRAIG HEIM PORTFOLIO MANAGER 155210 0 86940 0 0 0 109588 0 31626 0 383364 0 0 0 RYAN ABRAMS PORTFOLIO MANAGER 163548 0 86720 0 0 0 44302 0 31144 0 325714 0 0 0 A COMMUNITY DEVELOPMENT AUTHORITY - CITY OF MADISON 396006968 2009-12-17 161453470 FOR CONSTRUCTING A RESEARCH FACILITY LOCATED ON THE CAMPUS OF UW-MADISON 0 0 0 A 21021982 161453470 2531768 151543609 7378093 2010 0 0 1 1 A 0 1 0 1 1 0 0 0 A 0 0 0 0 0 0 0 0 0 A 1 SCH K, PART III, #2 ALTHOUGH THERE IS PRESENTLY NO PRIVATE BUSINESS USE OF THE BOND-FINANCED PROPERTY, A SIGNIFICANT PORTION OF THE PROPERTY IS CURRENTLY OCCUPIED BY THE MORGRIDGE INSTITUTE FOR RESEARCH, INC., A 501(C)(3) ORGANIZATION ("MORGRIDGE"). AS A MEDICAL RESEARCH ORGANIZATION THAT COLLABORATES WITH PRIVATE INDUSTRY IT IS POSSIBLE THAT SOME OF THE ACTIVITY ON THE PROPERTY COULD RESULT IN PRIVATE BUSINESS USE. HOWEVER, MORGRIDGE IS AWARE OF THE LIMITATIONS ON PRIVATE USE, AND PROCEDURES HAVE BEEN PUT IN PLACE FOR WARF AND MORGRIDGE TO TRACK PRIVATE USE TO ENSURE COMPLIANCE WITH BOND REQUIREMENTS. SIMPLE MACHINES INC KEITH LOBO WAS A COMMON BOARD MEMBER OF BOTH WARF AND SIMPLE MACHINES, INC. 1000000 INVESTMENT IN PREFERRED STOCK OF THE COMPANY. 0 SCH L, PART IV, (B) CONTINUED: AND CONTINUES TO BE A COMMON BOARD MEMBER. X 500000 15369615 FMV 0 0 0 PART I, COLUMN (B): 500,000 SHARES OF CISCO STOCK FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS INITIALLY REVIEWED AND APPROVED BY THE CFO, CONTROLLER AND OTHER MEMBERS OF THE MANAGEMENT TEAM. AN ELECTRONIC COPY OF THE FINAL VERSION OF THE FORM 990 IS SUBSEQUENTLY PROVIDED TO THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE WARF MANAGING DIRECTOR REQUIRES THAT THE TRUSTEES REVIEW THE CONFLICT OF INTEREST POLICY AND COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. WARF REVIEWS CONFLICT MATTERS AS DISCLOSED THROUGH THE ANNUAL DISCLOSURE AND ON A ROLLING BASIS AND CONSIDERS THEM IN THE MATTER PROSCRIBED IN ITS CONFLICT POLICY. A CONFLICT OF INTEREST COMMITTEE OF THE BOARD OF TRUSTEES ALSO MEETS AS APPROPRIATE TO CONSIDER CONFLICT SITUATIONS. ALL WARF EMPLOYEES SIGN A CONFLICT OF INTEREST AGREEMENT. THE AGREEMENT REQUIREMENTS ARE REVIEWED ANNUALLY AT AN EMPLOYEE MEETING. FORM 990, PART VI, SECTION B, LINE 15 A) WARF RETAINS A NATIONAL INDEPENDENT HUMAN RESOURCES CONSULTING FIRM SPECIALIZING IN COMPENSATION ACTIVITIES TO REVIEW COMPENSATION FOR THE MANAGING DIRECTOR AND SENIOR MANAGEMENT OF THE ORGANIZATION. THE CONSULTANT IS RETAINED BY AND REPORTS TO THE CHAIR OF THE COMPENSATION COMMITTEE. B) EVERY THIRD YEAR THE CONSULTANT PROVIDES COMPARATIVE COMPENSATION DATA TO THE COMPENSATION COMMITTEE. C) THE CHAIR OF THE COMPENSATION COMMITTEE AND BOARD PRESIDENT REVIEWS A WRITTEN SUMMARY OF EXECUTIVE ACCOMPLISHMENTS FOR THE FISCAL YEAR. THIS INFORMATION IS SHARED WITH THE COMPENSATION COMMITTEE AND WITH THE BOARD'S EXECUTIVE COMMITTEE. D) IN LATE APRIL OR EARLY MAY THE COMPENSATION COMMITTEE HOLDS A TELECONFERENCE TO DISCUSS THE GENERAL DIRECTION AND SCOPE/RANGE OF EXECUTIVE COMPENSATION. THE OUTSIDE CONSULTANT PARTICIPATES IN THE DISCUSSION EVERY THIRD YEAR. E) IN MAY THE BOARD PRESIDENT AND THE CHAIR OF THE COMPENSATION COMMITTEE DISCUSS THE EXECUTIVE EVALUATION AND DETERMINE THE COMPENSATION ADJUSTMENT. F) THE COMPENSATION COMMITTEE REVIEWS THE RECOMMENDATION IN (E) ABOVE AND APPROVES FINAL COMPENSATION ADJUSTMENTS. G) THE CHAIR OF THE COMPENSATION COMMITTEE REVIEWS THE COMPENSATION ADJUSTMENTS WITH THE FULL BOARD AT THE SPRING TRUSTEE MEETING. H) THE OUTSIDE CONSULTANT PROVIDES A LETTER TO THE CHAIR OF THE COMPENSATION COMMITTEE DESCRIBING THE CONSULTANT'S ROLE IN ESTABLISHING THE REBUTTABLE PRESUMPTION OF REASONABLENESS STANDARD UNDER THE INTERMEDIATE SANCTIONS REGULATIONS AND HOW THE CONSULTANT PROVIDED THE ANALYSIS TO DETERMINE THE REASONABLENESS OF THE EXECUTIVE COMPENSATION PACKAGE EVERY THIRD YEAR. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE NOT MADE AVAILABLE. FORM 990, PART XI, LINE 9: EQUITY GAIN IN SUBSIDIARIES 5,174,246. CHANGE IN MINIMUM PENSION OBLIGATION 2,787,158. ROUNDING -1,600. FORM 990, PART XII, LINE 2C: THE PROCESS DID NOT CHANGE FROM PRIOR YEAR. FORM 8621: FILING 8621 ON BEHALF OF WISCONSIN ALUMNI RESEARCH ORGANIZATION WISCONSIN ALUMNI RESEARCH FOUNDATION OWNS A STAKE IN THE FOLLOWING PARTNERSHIPS WHICH HAVE INDIRECT INVESTMENTS IN PASSIVE FOREIGN INVESTMENT COMPANIES (PFICS), AND HAVE FILED FORM 8621 ON BEHALF OF WISCONSIN ALUMNI RESEARCH FOUNDATION: SIGULER GUFF BRIC OPPORTUNITIES FUND II, LP SIGULER GUFF BRIC OPPORTUNITIES FUND, LP PINEBRIDGE GLOBAL EMERGING MARKETS FUND, LLC FORM 8886: DISCLOSURE OF REPORTABLE TRANSACTIONS THE FOLLOWING INVESTMENTS OF WISCONSIN ALUMNI RESEARCH FOUNDATION HAVE FILED FORM 8886 DISCLOSING REPORTABLE TRANSACTIONS. AS A LIMITED PARTNER IN THESE INVESTMENTS, WISCONSIN ALUMNI RESEARCH FOUNDATION'S ALLOCABLE SHARE FROM THE RESPECTIVE PASSTHROUGH ENTITIES DOES NOT EXCEED THE THRESHOLD AMOUNTS. THEREFORE, WISCONSIN ALUMNI RESEARCH FOUNDATION HAS NOT PARTICIPATED IN A LOSS TRANSACTION REPORTABLE ON FORM 8886: GROTECH PARTNERS VI, LP WARF PROPERTIES LLC 614 WALNUT STREET 13TH FLOOR MADISON WI 53726 203521556 HOLDING REAL ESTATE WI WISCONSIN ALUMNI RESEARCH FOUNDATION TOWN CENTER DINING LLC 614 WALNUT STREET 13TH FLOOR MADISON WI 53726 272845458 EVENT COORDINATOR WI MORGRIDGE INSTITUTE FOR RESEARCH 330 N ORCHARD ST MADISON WI 537151119 208325570 RESEARCH WI 501(C)(3) LINE 4 WISCONSIN ALUMNI RESEARCH FOUNDATION 0 WICELL RESEARCH INSTITUTE INC 614 WALNUT STREET 13TH FLOOR MADISON WI 53726 391972235 RESEARCH WI 501(C)(3) LINE 7 WISCONSIN ALUMNI RESEARCH FOUNDATION 0 UNIVERSITY OF WISCONSIN-MADISON 1025 W JOHNSON ST MADISON WI 53706 396006492 EDUCATION WI 115 LINE 2 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0