2017-05-12T15:36:03-05:00 2016-06-30 910189318 Moss Adams LLP 3121 W March Ln Ste 200 Stockton CA 952192367 990 2015-07-01 954625327 Keck Graduate Institute of Applied Life Sciences KECK 9096218043 535 Watson Drive Claremont CA 91711 Mia Alonzo Controller 9096218043 2017-05-03 1 Tracy S Paglia P00366884 2099556100 2017-05-03 2015 2021-01-29 14:40:06Z Sheldon Schuster 535 Watson Drive Claremont CA 91711 35894715 0 X www.kgi.edu X 1997 CA KGI is dedicated to education and research aimed at translating life sciences into practice. 29 27 301 180 0 0 5591227 4064629 12111911 20022759 4897032 -174283 594187 470944 23194357 24384049 1491346 1540415 0 0 13640698 15853637 0 0 917300 7214337 11221915 22346381 28615967 847976 -4231918 84373925 95656445 33971535 41178638 50402390 54477807 Keck Graduate Institute is dedicated to education and research aimed at translating into practice, for the benefit of society, the power and potential of the life sciences. 0 0 20313588 1540415 20022759 All program services relate to graduate education and research in the life sciences. 20313588 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 150 0 1 301 1 0 0 0 0 0 0 0 0 0 0 X 29 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 CA X Mia Alonzo 9096218043 101 S Mills Ave Claremont CA 91711 Sheldon Schuster President 40.00 1.00 X X 476392 0 47772 Robert E Curry Chairman of the Board 1.00 2.00 X X 0 0 0 Dennis M Fenton Vice-Chairman of the Board 1.00 X X 0 0 0 Alexander Suh Trustee 1.00 X 0 0 0 Arthur E Riggs Trustee 1.00 X 0 0 0 Barbara Mazur Trustee 1.00 X 0 0 0 Bernard Kury Trustee 1.00 X 0 0 0 Daniel Bradbury Trustee 1.00 X 0 0 0 Francois Ferre Trustee 1.00 X 0 0 0 Frank Biondi Trustee 1.00 X 0 0 0 George Golumbeski Trustee 1.00 X 0 0 0 Gregg Lapointe Trustee 1.00 X 0 0 0 Jamie Dananberg Trustee 1.00 X 0 0 0 John Baldeschwieler Trustee (thru 9/2015) 1.00 X 0 0 0 Jeereddi Prasad Trustee 1.00 X 0 0 0 Jim Widergren Vice-Chairman of the Board 1.00 X X 0 0 0 Joann DiGennaro Trustee 1.00 X 0 0 0 Jose Ignacio Santos Trustee 1.00 X 0 0 0 Karen Bernstein Trustee 1.00 X 0 0 0 Lydia Villa-Komoroff Trustee 1.00 X 0 0 0 Madhu Balachandran Trustee 1.00 X 0 0 0 Lilian Wu Trustee 1.00 X 0 0 0 Maxine Savitz Trustee 1.00 X 0 0 0 Murli Tolaney Trustee 1.00 X 0 0 0 Yolanda Moses Trustee 1.00 X 0 0 0 Robert Baltera Trustee 1.00 X 0 0 0 Stephen Eck Trustee 1.00 X 0 0 0 Rodney Markin Trustee 1.00 X 0 0 0 Ross Grossman Trustee 1.00 X 0 0 0 Regan Shea Trustee 1.00 X 0 0 0 Michael Jones Vice President of Finance and Ops 40.00 X 182870 0 21129 Kathy Webster Dean, School of Pharmacy 40.00 X 246805 0 45224 Steven Casper Dean, School of Applied Life Sciences 40.00 X 229484 0 57303 Elizabeth Wright Assoc VP/Sec to Board 40.00 X 127878 0 32602 E Sofia Toro Dean of Student Engagement and Enrollment 40.00 X 139221 0 35411 Frances Lehman thru 102015 Asst. Sec to Board/Exec Asst to Pres 40.00 X 57172 0 16077 Larry Grill Dean of Research 40.00 X 112761 0 21020 Cheryl Merritt Director of Human Resources 40.00 X 110885 0 18555 Mia Alonzo Controller, CUC 4.00 20.00 X 0 139409 21549 M Ian Phillips Professor 40.00 X 191000 0 24444 Susan Bain Professor of Practice 40.00 X 232899 0 39481 Parvis Shamlou Professor 40.00 X 224909 0 42007 Ronald Debellis Professor 40.00 X 185978 0 56930 Gail Orum-Alexander Professor-Clincal 40.00 X 179349 0 10021 2697603 139409 489525 48 0 1 0 Evolution Mechanical Inc 1220 N Simon Circle Unit C Anaheim CA 92806 Heating & Air Conditioning Service 573040 Lonny W Davis 2584 Fender Ave Unit H Fullerton CA 92831 Construction 474166 Alpha Omega Construction Company PO Box 1450 Claremont CA 91711 Construction 211194 Moss Adams LLP 10960 Wilshire Blvd Suite 1100 Los Angeles CA 90024 Accounting/Tax 153751 Citrus Valley Health Partners PO Box 6108 140 W College Street Covina CA 917225108 Outside Employment Services 137500 8 4064629 8579 4064629 Gross Tuition and Fees 611710 16352143 16352143 Private Contracts 611710 1981623 1981623 Fed Grants & Contracts 611710 994720 994720 Team Masters Project 611710 174500 174500 519773 519773 20022759 2202078 2202078 1065014 594070 470944 470944 470944 8540235 10916596 -2376361 -2376361 -2376361 24384049 20022759 0 296661 1540415 1540415 2212542 655148 1288720 268674 10947760 9989865 718375 239520 899744 782950 91655 25139 969990 812357 122228 35405 823601 635986 155463 32152 56660 8492 48168 320460 8778 311682 106769 106769 2081347 1846004 102394 132949 306334 163699 106489 36146 1282263 737284 514464 30515 948956 496251 404801 47904 200000 200000 965061 31452 933334 275 598358 497251 87056 14051 527792 462526 49784 15482 712758 124409 588349 1080735 129693 947884 3158 574976 163113 411863 81800 4563 77237 Change in pledge allowa 775000 775000 Building Repair 272409 188040 84369 Food & Housing 58920 58920 271317 201392 33995 35930 28615967 20313588 7385079 917300 78137 2372861 6130607 744688 6258053 7860816 371220 1133548 685204 2366017 44738497 9728208 18300815 35010289 49649592 45623975 2662326 283840 237971 260411 84373925 95656445 1979835 2511381 156000 2413157 2000000 6500000 29835700 29663335 0 90765 33971535 41178638 X 15730747 20444829 14533769 13875385 20137874 20157593 50402390 54477807 84373925 95656445 X -4231918 -504924 8812259 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 23800 X 0 55322440 -755281 10999463 413730 2819771 62333121 59018288 834 238413 390685 3544410 55322440 53127821 228296 9036238 376461 2997606 59018288 50124606 8500 6282081 360888 2926478 53127821 52174374 226053 710932 335022 2651731 50124606 0.61010 0.32340 0.06650 1 0 5110000 2631156 7741156 17215000 13970618 4753917 26431701 5578878 4974291 604587 232845 232845 35010289 Funds held in trust for others 90765 90765 X 31861109 -504924 9406329 8901405 22959704 1424345 1424345 24384049 27785692 594070 594070 27191622 1424345 1424345 28615967 Part III, Line 4: The Institute's works of art enhance public spaces that are used for instruction and research. Part V, Line 4: To provide funding for the general operations of the Institute as well as for specific programmatic elements such as student fellowships and faculty professorships. Part X, Line 2: The Institute had no unrecognized tax benefits, and no uncertain tax positions at June 30, 2016. Part XI, Line 2d - Other Adjustments: Rental Expenses 594,070. Actuarial Adjustment -23,153. Change in Accounting Method 8,835,412. Part XI, Line 4b - Other Adjustments: Student Financial Aid 1,424,345. Part XII, Line 2d - Other Adjustments: Rental Expenses 594,070. Part XII, Line 4b - Other Adjustments: Student Financial Aid 1,424,345. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The Institute's nondiscrimination policy is included in print publications and on the web. Schedule E, Part I, Line 6 Keck Graduate Institute of Applied Life Sciences receives federal student financial aid from the Federal Direct Student Loan Program (FDSLP). 1 Student Financial Aid 206 1540415 Part I, Line 2: Keck Graduate Institute of Applied Life Sciences awards scholarships only to individual students enrolled at the Institute. The scholarships are awarded in the admissions process based upon academic merit, financial need, and availability of funds. The Institute monitors that each student receiving a scholarship maintains satisfactory academic progress. In awarding donor-funded scholarships, the Institute also monitors that students selected for those scholarships meet any donor stipulations as to academic preparation or field of study. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 Sheldon Schuster President 404275 0 0 0 72117 0 31800 0 15972 0 524164 0 0 0 Michael Jones Vice President of Finance and Ops 182870 0 0 0 0 0 0 0 21129 0 203999 0 0 0 Kathy Webster Dean, School of Pharmacy 246805 0 0 0 0 0 29989 0 15235 0 292029 0 0 0 Steven Casper Dean, School of Applied Life Science 229484 0 0 0 0 0 28813 0 28490 0 286787 0 0 0 Elizabeth Wright Assoc VP/Sec to Board 127878 0 0 0 0 0 15890 0 16712 0 160480 0 0 0 E Sofia Toro Dean of Student Engagement and Enrol 139221 0 0 0 0 0 17313 0 18098 0 174632 0 0 0 Mia Alonzo Controller, CUC 0 133929 0 5000 0 480 0 14809 0 6740 0 160958 0 0 M Ian Phillips Professor 191000 0 0 0 0 0 22920 0 1524 0 215444 0 0 0 Susan Bain Professor of Practice 232899 0 0 0 0 0 28113 0 11368 0 272380 0 0 0 Parvis Shamlou Professor 224409 0 500 0 0 0 22850 0 19157 0 266916 0 0 0 Ronald Debellis Professor 185978 0 0 0 0 0 23510 0 33420 0 242908 0 0 0 Gail Orum-Alexander Professor-Clincal 179349 0 0 0 0 0 0 0 10021 0 189370 0 0 0 Part I, Line 1b A residence or housing allowance is provided for the President. The housing allowance is treated as taxable compensation. Arthur D Riggs Trustee Term Loan X 2000000 2000000 0 1 1 Arthur D Riggs Trustee Term Loan X 4500000 4500000 0 1 1 6500000 Form 990, Part VI, Section B, line 11 The Audit and Risk Management Committee of the Institute's Board of Trustees is responsible for the annual review of the Institute's IRS Form 990 tax return before the return is filed with the IRS. To inform its review, the Committee meets with the Institute's corporate officers and the external auditors who are responsible for preparing and signing the return. The Committee reports on its review to the Board, and documents its review process and the results of the process in the Committee's minutes. The entire return is made available electronically to all members of the Board. Form 990, Part VI, Section B, line 12c The Audit and Risk Management Committee of the Institute's Board of Trustees requires that each trustee, officer, faculty member and management level staff complete an annual code of conduct and conflict of interest questionnaire. Any disclosures from the questionnaires that require Board action are referred to the appropriate Board Committees for response. Institute faculty and management also serve on a Conflict Monitoring Committee, which oversees interactions between the Institute's faculty or students and external academic collaborators to ensure that any conflicts of interest that arise are vetted and elevated to the appropriate Board Committees. Form 990, Part VI, Section B, line 15 The Personnel and Compensation Committee of the Institute's Board of Trustees is responsible for the annual review and recommendation for approval by the Board of the compensation of the President and of each of the President's direct reports, who include all senior staff members, corporate officers and key employees of the Institute. To inform its recommendations, the Committee reviews independent benchmark salary survey data for comparable positions in higher education, from sources such as the Association of Independent California Colleges and Universities (AICCU) and the College and University Professional Association for Human Resources (CUPA-HR). The Committee also reviews the specific job descriptions for each of these positions at the Institute, as well as any explanations of how the responsibilities of these positions vary from those of the positions in the survey data. The Committee also reviews the performance reviews and self-evaluations of the individuals in these positions. The Committee's review process and the results of the process are documented in the Committee's meeting minutes. Form 990, Part VI, Section C, line 19 - Governing documents are available upon request - Financial statements are available upon request - Conflict of interest policy is available on the organization's website Form 990, Part XI, line 9: Actuarial Adjustment -23,153. Change in Accounting Methods 8,835,412. Form 990, Part XI, line 9: Effective July 1, 2015, the Institute adopted the fair value recognition of its commercial real estate investment assets from historical cost recognition utilized in prior periods. Expenses were reduced by $2,671,714 for accumulated depreciation recorded in prior periods and unrestricted beginning net assets were increased by $6,163,698 for the adjustment from cost to fair value of the commercial real estate investment asset at July 1, 2015. Claremont University Consortium 101 S Mills Ave Claremont CA 91711 954786748 Provide support to Claremont Colleges CA 501(c)(3) Line 11b, II N/A 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0