2017-05-12T10:10:52-05:00 2016-06-30 PricewaterhouseCoopers LLP 101 SEAPORT BOULEVARD BOSTON MA 02210 990 2015-07-01 263428781 THE BROAD INSTITUTE INC % MARK DANIEL CFO/TREASURER BROA 6177147502 415 MAIN STREET CAMBRIDGE MA 02142 MARK DANIEL CFO/TREASURER 6177147502 2017-05-11 true PAUL TANIS P01441612 6175305000 2015 2021-01-29 14:40:06Z ERIC S LANDER PRESIDENT 415 MAIN STREET CAMBRIDGE MA 02142 363760946 false X WWW.BROADINSTITUTE.ORG X 2008 MA SEE SCHEDULE O. 15 14 1357 23 666041 313976 311160792 319014517 26065257 28774529 15946411 13537342 1972792 1107711 355145252 362434099 28771886 39276601 0 0 120090535 135366747 224379 121286 2963957 168399613 232469303 317486413 407233937 37658839 -44799838 1385449314 1455268284 411340160 526360528 974109154 928907756 X THE INSTITUTE'S 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. false false 342648685 39276601 28774529 SEE SCHEDULE O. 342648685 true true false true false false false false true true true true false false true false true false false true true true false true false false false true true true true false false false false false false false false false false true false false false true true true true false false true 224 0 true 1357 true true true false false false false false false false false false X 15 14 true false false false true true true true true false false true true true true true true true true false MA X X MARK DANIEL CFOTREASURER 6177147502 415 MAIN STREET CAMBRIDGE MA 02142 X ERIC S LANDER DIRECTOR, PRESIDENT & CEO 60.0 1.0 X X 1063555 0 270969 ELI BROAD DIRECTOR 1.0 0.0 X 0 0 0 DAVID BALTIMORE DIRECTOR 1.0 0.0 X 0 0 0 DREW GILPIN FAUST DIRECTOR 1.0 0.0 X 0 0 0 JEFFREY FLIER DIRECTOR 1.0 0.0 X 0 0 0 LOUIS V GERSTNER JR DIRECTOR 1.0 0.0 X 0 0 0 SETH KLARMAN DIRECTOR 1.0 0.0 X 0 0 0 WILLIAM HELMAN DIRECTOR 1.0 0.0 X 0 0 0 ARTHUR LEVINSON DIRECTOR 1.0 0.0 X 0 0 0 ELIZABETH NABEL DIRECTOR 1.0 0.0 X 0 0 0 MARK NUNNELLY DIRECTOR (BEG 1/16) 1.0 0.0 X 0 0 0 L RAFAEL REIF DIRECTOR 1.0 0.0 X 0 0 0 ERIC E SCHMIDT DIRECTOR 1.0 0.0 X 0 0 0 PHILLIP SHARP DIRECTOR 1.0 0.0 X 0 0 0 SHIRLEY TILGHMAN DIRECTOR (BEG 7/15) 1.0 0.0 X 0 0 0 SAMANTHA SINGER TREASURER (UNT 10/15)/COO 60.0 0.0 X 476649 0 46152 JUSTINE LEVIN-ALLERHAND CHIEF DEVELOP. OFFICER/CLERK 60.0 0.0 X 445197 0 51748 MARK DANIEL CFO & TREASURER (BEG 10/15) 60.0 0.0 X 166822 0 11700 DIANE KINCH CORRY BOD ADMIN/ASST CLERK (UNT 2/16 60.0 0.0 X 78793 0 8785 ALAN FEIN SPECIAL ADVISOR 60.0 0.0 X 456310 0 57794 CLARE MIDGLEY CHIEF COMMUNICATIONS OFFICER 60.0 0.0 X 336209 0 27735 ANDY PORTER CHIEF PEOPLE OFFICER 60.0 0.0 X 326369 0 33217 STACEY GABRIEL SR. DIR. GENOMICS PLATFORM 60.0 0.0 X 321602 0 38433 BRIAN HUBBARD DIR. OF THERAPEUTIC DISC & DEV 60.0 0.0 X 321256 0 39399 DIANE MACDONALD FORMER TREASURER (UNT 8/14) 0.0 0.0 X 178323 0 37296 4171085 0 623228 272 true true false VEDDER PRICE PC 1633 BROADWAY 47TH FLOOR NEW YORK NY 10019 LEGAL 5667319 RED RIVER COMPUTER CO INC 21 WATER STREET SUITE 500 CLAREMONT NH 03743 EQUIPMENT SERVICES 2338092 PALLADION SERVICES LLC 88 BROAD STREET BOSTON MA 02110 BUILDING SECURITY 1535233 ILLUMINA INC 12864 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 EQUIPMENT SERVICES 1527098 NEXTSOURCE INC 1040 AVENUE OF THE AMERICAS NEW YORK NY 10018 TEMPORARY HELP 1301387 75 37000000 117466674 164547843 4124703 319014517 RESEARCH 541700 27278364 27278364 USE OF FACILITIES 541700 688890 461289 227601 SCIENTIFIC COLLABORATION 541700 250000 250000 REBATES 541700 247087 247087 FOREIGN CURRENCY GAIN 541700 138148 138148 172040 172040 28774529 1071818 156611 915207 31 31 1128618 1128618 123145 144052 -20907 0 -20907 -20907 11771962 1876326 1182795 11771962 693531 12465493 281829 12183664 0 0 0 0 362434099 28546928 666041 14206613 34634547 34634547 1504679 1504679 3137375 3137375 0 2484435 440592 1528631 515212 302246 302246 104253000 82710315 20451288 1091397 7783764 6012338 1647800 123626 13806585 10664489 2922813 219283 6736717 5203578 1426143 106996 0 5336253 18721 5265591 51941 368807 368807 1060 1060 121286 121286 1647322 1647322 22957216 14012850 8886916 57450 560510 203679 313886 42945 1193447 345500 777215 70732 6248150 3109419 3123670 15061 0 35828446 32558506 3205326 64614 2517002 1871774 560433 84795 0 3639110 970520 2535785 132805 18189811 14921952 3113889 153970 0 42787179 39880640 2795079 111460 643660 643660 MATERIALS & SERVICES 88903481 88841073 62024 384 OTHER 1647849 1303892 343957 407233937 342648685 61621295 2963957 75300304 94017852 45807422 47980011 408012716 329357138 36998070 54207543 0 0 0 0 418333 368333 13958292 15409307 58061840 41177085 627609586 167388821 360261101 460220765 0 5069344 353330520 373689385 0 0 0 0 33300716 33771521 1385449314 1455268284 42941302 56422722 0 0 36606190 49816358 263852155 263729074 5245092 4814018 0 0 0 0 62695421 50189174 0 101389182 411340160 526360528 X 173964425 180617188 184095996 161508353 616048733 586782215 974109154 928907756 1385449314 1455268284 X -44799838 -8719630 -23364 8341434 X false true X true true true X 270301728 337440929 374753967 311160792 319014517 1612671933 0 0 0 0 0 0 0 0 0 0 0 0 270301728 337440929 374753967 311160792 319014517 1612671933 324553030 1288118903 766449 1201924 2532590 3255346 2323612 10079921 0 0 218591 471887 313976 1004454 0 0 0 0 0 0 1623756308 90578269 0.79330 0.77225 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 1060 1060 false Lobbying Activities Schedule C, Part II-B The Broad Institute belongs to a membership organization which engages in lobbying activities. Dues of $1,060 have been specifically identified as pertaining to lobbying. false true X 616048732 15404 -2300829 26981093 586782214 599708067 39030414 3241258 25931007 616048732 567308036 34568695 26631120 28799784 599708067 520262375 46565971 27643695 27164005 567308036 512583650 6353339 1325386 520262375 1.00000 true false 25000000 25000000 295165032 26445654 268719378 41054657 29209020 11845637 160396245 110886482 49509763 105993652 847665 105145987 460220765 FUND OF FUNDS 373689385 F 373689385 0 CAPITAL LEASE OBLIGATIONS 101389182 101389182 361687163 -8719630 8341434 -378196 362065359 1647322 -1278582 368740 362434099 406888561 23364 1278582 1301946 405586615 1647322 1647322 407233937 AGENCY FUNDS SCHEDULE D, PART IV, LINE 2B THE BROAD INSTITUTE IS AN AGENT FOR FUNDS OF THE STARR CANCER CONSORTIUM (SCC) WHICH ARE INCLUDED ON FORM 990, PART X, LINE 2. AN OFFSETTING LIABILITY IS REPORTED FOR THE SAME AMOUNT ON FORM 990, PART X, LINE 21. THE SCC IS A COLLABORATIVE RESEARCH FRAMEWORK AMONG FIVE INSTITUTIONS INCLUDING THE BROAD INSTITUTE. ENDOWMENT SCHEDULE D, PART V, LINE 4 THE BROAD INSTITUTE'S ENDOWMENT FUNDS ARE USED TO SUPPORT THE INSTITUTE'S PRIMARY RESEARCH MISSION. OTHER LIABILITIES SCHEDULE D, PART X, LINE 2 THE BROAD INSTITUTE DOES NOT HAVE A FIN 48 (ASC 740) STATEMENT. RECONCILIATION OF REVENUE/EXPENSES SCHEDULE D, PART XI, 2D THE INSTITUTE HAS A BENEFICIAL INTEREST IN TRUST. THE INSTITUTE RECOGNIZES ITS INTEREST IN THE TRUST WITH CHANGES RECOGNIZED IN NONOPERATING ACTIVITIES OF THE FINANCIAL STATEMENTS. SCHEDULE D, PART XI, 4B AND PART XII, 2D LOSSES ON ASSET SALES OF $1,134,530 AND RENTAL EXPENSES OF $144,052 ARE REPORTED AS EXPENSES IN THE INSTITUTE'S FINANCIAL STATEMENTS. true Europe (Including Iceland and Greenland) Grantmaking Research 1634600 East Asia and the Pacific Grantmaking Research 629752 Sub-Saharan Africa Grantmaking Research 376722 Middle East and North Africa Grantmaking Research 266169 North America Grantmaking Research 230132 Europe (Including Iceland and Greenland) 1 Program Services Research 128459 Middle East and North Africa Program Services Research 99779 East Asia and the Pacific 1 Program Services Research 74263 Europe (Including Iceland and Greenland) Program Services Send agents to seminar 426313 East Asia and the Pacific Program Services Send agents to seminar 103289 North America Program Services Send agents to seminar 50341 Middle East and North Africa Program Services Send agents to seminar 34364 Sub-Saharan Africa Program Services Send agents to seminar 28083 South Asia Program Services Send agents to seminar 15532 Central America and the Caribbean Program Services Send agents to seminar 137 2 2 4097935 4097935 East Asia and the Pacific Subaward 399019 WIRE East Asia and the Pacific Subaward 128573 WIRE East Asia and the Pacific Subaward 89160 WIRE East Asia and the Pacific Subaward 8000 WIRE Europe (Including Iceland and Greenland) Subaward 1035104 WIRE Europe (Including Iceland and Greenland) Subaward 238699 WIRE Europe (Including Iceland and Greenland) Subaward 183000 WIRE Europe (Including Iceland and Greenland) Subaward 74407 WIRE Europe (Including Iceland and Greenland) Subaward 50000 WIRE Europe (Including Iceland and Greenland) Subaward 47000 CHECK Europe (Including Iceland and Greenland) Subaward 31448 CHECK Europe (Including Iceland and Greenland) Subaward 13000 WIRE Middle East and North Africa Subaward 150000 WIRE Middle East and North Africa Subaward 116169 CHECK North America Subaward 92932 CHECK North America Subaward 92000 CHECK North America Subaward 24000 CHECK North America Subaward 21200 WIRE Sub-Saharan Africa Subaward 376722 WIRE 17 2 true false true true false false SCHEDULE F, PART I, LINE 2 The Institute assigns responsibility for monitoring the use of grant funds outside of the United States to its Office of Sponsored Research. This office monitors all grant making activity including all applicable compliance regulations. Monitoring includes periodic reviews of budget to actual reports by both the Office of Sponsored Research and the Principal Investigator to ensure funds are used according to the agreement. Expenses are accounted for on an accrual basis. X X X X true THE HELEN BROWN GROUP 48 SUMMER STREET SUITE 2 WATERTOWN MA 02472 CONSULTING false 0 71800 0 Pentagram Design Inc 204 FIFTH AVENUE NEW YORK NY 10010 CONSULTING false 0 31351 0 BLACKBAUD INC 2000 DANIEL ISLAND DRIVE CHARLESTON SC 29492 CONSULTING false 0 6153 0 0 109304 0 MA true 3 POINT BIO LLC 4 DANA RD BOXFORD MA 01921 364806076 N/A 418679 PROGRAM SUPPORT BATTELLE MEMORIAL INSTITUTE PO BOX 84391 SEATTLE WA 98124 314379427 501(c)(3) 517085 Program Support Baylor College of Medicine One Baylor Plaza HOUSTON TX 770303411 741613878 501(c)(3) 49873 Program Support BETH ISRAEL DEACONESS MEDICAL CTR 330 Brookline Ave BOSTON MA 02215 042103881 501(c)(3) 556065 Program Support BRIGHAM & WOMENS HOSPITAL 75 FRANCIS STREET BOSTON MA 02115 042312909 501(c)(3) 854538 Program Support Brown University 1 Prospect Street Providence RI 02912 050258809 501(c)(3) 29213 Program Support Cedars-Sinai Medical Center 8700 Beverly Blvd LOS ANGELES CA 90048 951644600 501(c)(3) 12336 Program Support CHILDRENS HOSPITAL OF BOSTON 300 LONGWOOD AVE BOSTON MA 02115 042774441 501(c)(3) 1578413 Program Support Cincinnati Children's Hospital 3333 Burnett Ave CINCINNATI OH 452293039 310833936 501(c)(3) 59227 Program Support CITY OF HOPE 1500 E DUARTE RD DUARTE CA 91010 953435919 501(c)(3) 34000 PROGRAM SUPPORT DANA FARBER CANCER INSTITUTE BP451 450 BROOKLINE AVE BOSTON MA 02215 042263040 501(c)(3) 656817 Program Support Emory University 1599 Clifton Rd NE ATLANTA GA 30322 580566256 501(c)(3) 6636 Program Support FRED HUTCHINSON CANCER RES CTR 1100 FAIRVIEW AVE SEATTLE WA 98109 237156071 501(c)(3) 1502402 Program Support HARVARD UNIVERSITY 1350 MASS AVE CAMBRIDGE MA 021383800 042103580 501(c)(3) 12374659 Program Support INDIANA UNIVERSITY 107 S Indiana Ave Bloomington IN 47405 356018940 501(c)(3) 159491 Program Support JOHNS HOPKINS UNIVERSITY 3400 n CHARLES ST BALTIMORE MD 212182686 520595110 501(c)(3) 425486 Program Support JOSLIN DIABETES CTR One Joslin Pl BOSTON MA 02215 042203836 501(c)(3) 59341 Program Support MASSACHUSETTS EYE & EAR INFIRMARY 243 CHARLES ST BOSTON MA 02114 042103591 501(c)(3) 209938 PROGRAM SUPPORT MASSACHUSETTS GENERAL HOSPITAL 55 FRUIT STREET BOSTON MA 021142517 041564655 501(c)(3) 6778248 Program Support MASSACHUSETTS INSTITUTE OF TECHNOLOGY 77 MASS AVE CAMBRIDGE MA 02139 042103594 501(c)(3) 1547539 Program Support MCLEAN HOSPITAL 115 MILL ST BELMONT MA 02478 042697981 501(c)(3) 18900 PROGRAM SUPPORT Memorial Sloan Kettering Cancer Center 1275 York Avenue NEW YORK NY 100656007 131924236 501(c)(3) 220745 Program Support MOUNT SINAI MEDICAL CENTER 1 GUSTAVE L LEVY PL NEW YORK NY 10029 136171197 501(c)(3) 118873 Program Support NEW YORK GENOME CENTER 101 AVE OF THE AMERICAS NEW YORK NY 10013 800631734 501(c)(3) 462437 PROGRAM SUPPORT Rush University Medical Center 1653 West Congress Pkwy Chicago IL 60612 362174823 501(c)(3) 918453 Program Support RUTGERS THE STATE UNIV OF NEW JERSEY 33 KNIGHTSBRIDGE RD PISCATAWAY NJ 08854 226001086 Gov't 65509 PROGRAM SUPPORT Sage Bionetworks 1100 Fairview Ave N SEATTLE WA 981091024 264489946 501(c)(3) 159130 Program Support Stanford University PO BOX 44253 SAN FRANCISCO CA 941444253 941156365 501(c)(3) 9282 Program Support THE REGENTS OF THE UNIVERSITY OF MICHIGAN 3003 SOUTH STATE ST ANN ARBOR MI 48109 386006143 Gov't 115475 PROGRAM SUPPORT THE REGENTS OF THE UNIVERSITY OF UCLA 405 Hilgard Ave LOS ANGELES CA 900959000 956006143 Govt 224362 Program Support THE RESEARCH FOUNDATION OF SUNY PO BOX 9 ALBANY NY 12201 141368361 501(c)(3) 155446 Program Support THE UNIV OF MASSACHUSETTS MEDICAL SCHOOL 55 LAKE AVE NORTH WORCESTER MA 01655 043167352 GOVT 367618 Program Support THE UNIVERSITY OF IOWA B5 JESSUP HALL IOWA CITY IA 52242 426004813 Gov't 72642 PROGRAM SUPPORT THE UNIVERSITY OF TEXAS HEALTH SCIENCE CENTER PO BOX 301418 DALLAS TX 75303 741761309 Gov't 38400 PROGRAM SUPPORT TRUSTEES OF BOSTON UNIVERSITY 44 CUMMINGTON ST BOSTON MA 022151303 042103547 501(c)(3) 108690 Program Support TRUSTEES OF TUFTS COLLEGE 169 HOLLAND ST SOMERVILLE MA 02144 042103634 501(c)(3) 97780 PROGRAM SUPPORT University of Connecticut Health Center 263 Farmington Ave Farmington CT 06030 521725543 501(C)(3) 126612 Program Support University of California Berkeley 2150 Shattuck Ave Berkeley CA 94704 946002123 Gov't 348976 Program Support UNIVERSITY OF CALIFORNIA DAVIS PO BOX 989062 WEST SACRAMENTO CA 95798 946036494 Gov't 39999 PROGRAM SUPPORT UNIVERSITY OF CALIFORNIA SAN DIEGO 9500 GILMAN DR LA JOLLA CA 92093 956006144 Gov't 153750 PROGRAM SUPPORT University of California Santa Cruz 1156 High Street Santa Cruz CA 95064 941539563 Gov't 400366 Program Support University of Maryland Baltimore 1420 N Charles Street Baltimore MD 21201 526002033 Gov't 567249 Program Support UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL PO BOX 402420 ATLANTA GA 30384 566001393 501(c)(3) 545806 PROGRAM SUPPORT University of Notre Dame 940 Grace Hall Notre Dame IN 46556 350868188 501(C)(3) 20988 Program Support UNIVERSITY OF PENNSYLVANIA 3451 WALNUT ST PHILADELPHIA PA 19104 231352685 501(c)(3) 46000 PROGRAM SUPPORT University of Pittsburgh 4200 Fifth Ave Pittsburgh PA 15260 250965591 501(C)(3) 74000 Program Support University of Southern California 3500 S Figeuroa St Los Angeles CA 90089 951642394 501(C)(3) 140028 Program Support University of Washington 4333 Brooklyn Ave SEATTLE WA 98195 916001537 Gov't 416959 Program Support UNIVERSITY OF WISCONSIN-MADISON 425 HENRY MALL MADISON WI 53706 396006492 Gov't 16000 PROGRAM SUPPORT WAKE FOREST UNIVERSITY HEALTH SCIENCES MEDICAL CTR BLVD WINSTONSALEM MA 27157 223849199 501(c)(3) 46500 PROGRAM SUPPORT WASHINGTON UNIVERSITY IN ST LOUIS 660 S EUCLID AVE ST LOUIS MO 63110 430653611 501(c)(3) 270240 PROGRAM SUPPORT Weill Cornell Medical College 445 E 69th St New York NY 10021 131623978 501(c)(3) 278473 Program Support WORCESTER POLYTECHNIC INSTITUTE 100 INSTITUTE RD WORCESTER MA 01609 042121659 501(c)(3) 12000 PROGRAM SUPPORT Yale University PO Box 1873 New Haven CT 065208239 060646973 501(c)(3) 210118 Program Support 53 1 TUITION 47 788657 EXTERNAL FELLOWSHIPS 13 716022 SCHEDULE I PART I LINE 2 THE INSTITUTE ASSIGNS RESPONSIBILITY FOR MONITORING THE USE OF GRANT FUNDS INSIDE OF THE UNITED STATES TO ITS OFFICE OF SPONSORED RESEARCH. THIS OFFICE MONITORS ALL GRANT MAKING ACTIVITY INCLUDING ALL APPLICABLE COMPLIANCE REGULATIONS. MONITORING INCLUDES PERIODIC REVIEWS OF BUDGET TO ACTUAL REPORTS BY BOTH THE OFFICE OF SPONSORED RESEARCH AND THE PRINCIPAL INVESTIGATOR TO ENSURE FUNDS ARE USED ACCORDING TO THE AGREEMENT. EXPENSES ARE ACCOUNTED FOR ON AN ACCRUAL BASIS. X X true true X X X X X true true false false false false false true false ERIC S LANDER DIRECTOR, PRESIDENT & CEO 1036450 0 0 0 27105 0 249662 0 21307 0 1334524 0 0 0 SAMANTHA SINGER TREASURER (UNT 10/15)/COO 456701 0 0 0 19948 0 19065 0 27087 0 522801 0 0 0 JUSTINE LEVIN-ALLERHAND CHIEF DEVELOP. OFFICER/CLERK 380270 0 45000 0 19927 0 24731 0 27017 0 496945 0 0 0 MARK DANIEL CFO & TREASURER (BEG 10/15) 140482 0 20145 0 6195 0 3994 0 7706 0 178522 0 0 0 ALAN FEIN SPECIAL ADVISOR 378256 0 0 0 78054 0 36535 0 21259 0 514104 0 0 0 CLARE MIDGLEY CHIEF COMMUNICATIONS OFFICER 254587 0 0 0 81622 0 17533 0 10202 0 363944 0 0 0 ANDY PORTER CHIEF PEOPLE OFFICER 308803 0 0 0 17566 0 12650 0 20567 0 359586 0 0 0 STACEY GABRIEL SR. DIR. GENOMICS PLATFORM 301675 0 0 0 19927 0 23775 0 14658 0 360035 0 0 0 BRIAN HUBBARD DIR. OF THERAPEUTIC DISC & DEV 184207 0 0 0 137049 0 24284 0 15115 0 360655 0 0 0 DIANE MACDONALD FORMER TREASURER (UNT 8/14) 0 0 0 0 178323 0 29024 0 8272 0 215619 0 0 0 PROVISIONS OF BENEFITS FORM 990, SCHEDULE J, LINE 1A FIRST-CLASS TRAVEL FOR OFFICERS AND CERTAIN EMPLOYEES OCCURS ON OVERSEAS FLIGHTS AND IN OTHER LIMITED SITUATIONS. THIS TRAVEL IS FOR BUSINESS PURPOSES, THEREFORE, THE VALUE IS NOT TREATED AS TAXABLE WAGES. THE PRESIDENT/CEO AND CHIEF DEVELOPMENT OFFICER WERE THE ONLY LISTED INDIVIDUALS WHO USED FIRST-CLASS TRAVEL DURING THE CALENDAR YEAR ENDED DECEMBER 31, 2015. COMPANION TRAVEL FOR THE SPOUSE OF THE PRESIDENT/CEO WAS APPROVED IN LIMITED CIRCUMSTANCES. THIS TRAVEL WAS FOR BUSINESS PURPOSES, THEREFORE, THE VALUE IS NOT TREATED AS TAXABLE WAGES. SEVERANCE PAYMENT FORM 990, SCHEDULE J, LINE 4A IN ACCORDANCE WITH THE SEVERANCE AGREEMENT DATED OCTOBER 20, 2015, CLARE MIDGLEY RECEIVED MONTHLY SEVERANCE PAY AND BENEFITS FROM NOVEMBER 2, 2015 TO NOVEMBER 1, 2016. TOTAL SEVERANCE PAID JANUARY 1, 2015 THROUGH DECEMBER 31, 2015 WAS $56,129, INCLUDING BENEFITS OF $583. IN ACCORDANCE WITH THE SEVERANCE AGREEMENT DATED JULY 13, 2015, BRIAN HUBBARD RECEIVED 16 WEEKS OF SEVERANCE PAY OF $108,558. NO BENEFITS WERE INCLUDED. IN ACCORDANCE WITH THE SEVERANCE AGREEMENT DATED MAY 28, 2014, DIANE MACDONALD RECEIVED MONTHLY SEVERANCE PAY AND BENEFITS FROM SEPTEMBER 1, 2014 TO MAY 15, 2015. TOTAL SEVERANCE PAID JANUARY 1, 2015 THROUGH MAY 15, 2015 WAS $215,619, INCLUDING BENEFITS OF $37,296. SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN FORM 990, SCHEDULE J, LINE 4B AS AN ELEMENT OF HIS AMENDED AND RESTATED EMPLOYMENT CONTRACT EFFECTIVE JULY 1, 2014, THE PRESIDENT/CEO WILL BE ENTITLED TO RECEIVE LUMP SUM PAYMENTS ON JUNE 30, 2018 AND 2019 IF HE REMAINS IN THE POSITION OF CORE FACULTY MEMBER OF THE BROAD INSTITUTE. ALAN FEIN RECEIVED PAYMENT FROM THE INSTITUTE'S 457(F) NONQUALIFIED DEFERRED COMPENSATION PLAN IN JULY 2015 IN THE AMOUNT OF $50,000. NON-FIXED PAYMENTS FORM 990, SCHEDULE J, LINE 7 NON-FIXED PAYMENTS INCLUDE A BONUS, WHICH WAS GIVEN TO A CERTAIN OFFICER, AT THE DISCRETION OF THE CEO. A MASS DEVELOPMENT FINANCE AGENCY - SERIES A (2011) 043431814 57583UCGI 2011-05-05 265470128 AQUISITION & CONSTRUCTION false false false A 0 0 265470128 0 39031801 0 2211516 0 0 224226811 0 0 false false true true A false true false true true 0 false false false true A false false false true false false 0 false 0 false true A true ARBITRAGE REBATE COMPUTATION PART IV, LINE 2C THE MASS DEVELOPMENT FINANCE AGENCY REVENUE BONDS SERIES A (2011) REBATE COMPUTATION FOR THE PERIOD ENDING JUNE 30, 2015 WAS PERFORMED ON SEPTEMBER 17, 2015. X 2 1999363 MARKET VALUE X Equipment 2 2125340 Replacement value false true false SCHEDULE M, PART I, Column (b) The number of contributions are used for reporting the list of noncash contributions. ORGANIZATION'S MISSION FORM 990, PART I, LINE 1 THE INSTITUTE'S 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. VOLUNTEERS FORM 990, PART I, LINE 6 THE BROAD INSTITUTE DOES NOT FORMALLY TRACK VOLUNTEERS BUT HAS INCLUDED THE NUMBER OF BOARD MEMBERS AND COMMITTEE MEMBERS OF THE BOARD OF DIRECTORS THAT ARE UNCOMPENSATED. STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS FORM 990, PART III, LINE 4A The Broad Institute operates for educational and scientific purposes to improve human health by using genomics to advance its understanding of the biology and treatment of human disease, and to help lay the groundwork for a new generation of therapies. The Institute defined a new collaborative model for biomedical research, bringing together extraordinary scientists across Harvard, MIT and Harvard-affiliated hospitals and uses new approaches that combine biology, chemistry, mathematics, computation and engineering with medical science and clinical research. Its scientists are committed to understanding the fundamental basis of genome and cell biology, and to developing transformative new approaches to biomedical research. Scientific areas include Chemical Biology and Therapeutics, Genome Regulation, Cellular Circuitry and Epigenomics, Medical and Population Genetics, and Metabolism. Broads researchers bring expertise and collaboration in different technology areas, called Platforms, to collaborate on challenging projects that could not be done within a single research laboratory. Technology areas include Broad Technology Labs, Genetic Perturbation, Genomics, Imaging, Metabolomics and Proteomics. The Institute is focused on using collaborative approaches to make foundational advances in a number of disease areas. These areas include cancer, cardiovascular disease, diabetes, infectious disease, obesity, psychiatric disease, rare disease and immunological disease. The Broad Institute is committed to making the extensive data, methods, and technologies it generates rapidly and readily accessible to the scientific community to drive biomedical progress around the world. OVER 5,800 SCIENTIFIC PUBLICATIONS TO DATE HAVE RESULTED FROM BROAD RESEARCH. THE BROAD INSTITUTE HOLDS AN ANNUAL SCIENTIFIC RETREAT, A TWO-DAY MEETING FEATURING PRESENTATIONS AND POSTERS ON A VARIETY OF RESEARCH PROJECTS ACROSS THE INSTITUTE, ATTENDED BY MORE THAN 1,900 PARTICIPANTS FROM THE COMMUNITY. THE BROAD'S EDUCATIONAL OUTREACH PROGRAM ENGAGES BOSTON-CAMBRIDGE AREA HIGH SCHOOL STUDENTS IN SCIENTIFIC RESEARCH BY PROVIDING SUMMER INTERNSHIPS AND SEMESTER-LONG RESEARCH PROJECTS. IN 2015, 13 HIGH SCHOOL STUDENTS PARTICIPATED IN A SUMMER SCHOLARS PROGRAM, ONE HIGH SCHOOL STUDENT COMPLETED A TWO-WEEK WORK STUDY WITH THE OFFICE OF EDUCATION AND OUTREACH AND ONE UNDERGRADUATE AND ONE GRADUATE STUDENT INTERNED WITH THE OFFICE OF EDUCATION AND OUTREACH DURING THE ACADEMIC YEAR. IN ADDITION, THE EDUCATIONAL PROGRAM SPONSORS CLASS VISITS TO THE BROAD. THERE WERE 39 EDUCATIONAL TOURS IN 2015 THAT INCLUDED APPROXIMATELY 1,000 MIDDLE SCHOOL AND HIGH SCHOOL STUDENTS. BROAD PARTICIPATED IN NETPALS IN 2015, WHICH MATCHED 25 MIDDLE SCHOOL STUDENTS WITH 25 SCIENTIST MENTORS. ALSO IN 2015, THE EDUCATIONAL PROGRAM WORKED WITH BROAD SCIENTISTS TO DESIGN AND PUBLISH A LESSON FOR HIGH SCHOOL STUDENTS ABOUT EBOLA TO REACH EDUCATORS NATIONWIDE. IN 2015, AS PART OF THE BROAD SCIENTISTS IN THE CLASSROOM PROGRAM WITH CAMBRIDGE PUBLIC SCHOOLS, BROAD SCIENTISTS VISITED 8TH GRADE CLASSROOMS DURING A TEN WEEK PERIOD ABOUT GENETICS AND EVOLUTION, AND TWO FULL PROFESSIONAL DEVELOPMENT DAYS FOR TEACHERS WERE HELD AT THE INSTITUTE. 23 BROAD SCIENTISTS WERE INVOLVED IN THIS INITIATIVE, SERVING APPROXIMATELY 350 STUDENTS. BROAD ALSO HELD A SCIENCE TRIVIA CHALLENGE EVENT WHERE SIX BROAD SCIENTISTS INTRODUCED APPROXIMATELY 100 MIDDLE AND HIGH SCHOOL STUDENTS TO SCIENCE CAREERS AND ANSWERED QUESTIONS. BROAD PRESENTED OUTREACH PROGRAMMING AT THE INTERNATIONAL TEACHER SCIENTIST PARTNERSHIP CONFERENCE AND THE ANNUAL AMERICAN SOCIETY FOR BIOCHEMISTRY AND MOLECULAR BIOLOGY CONFERENCE AND HOSTED AN ACTIVITY BOOTH AT A SCIENCE FESTIVAL, REACHING ABOUT 300 K-12 STUDENTS. TO HELP INSPIRE YOUNG PEOPLE AND INCREASE THE NUMBER OF SCIENTISTS FROM DIVERSE BACKGROUNDS, THE BROAD'S DIVERSITY INITIATIVE IN SCIENTIFIC RESEARCH OFFERS PROGRAMS FOR MINORITIES AT DIFFERENT STAGES OF THEIR EDUCATION AND CAREERS. IN 2015, 28 HIGH SCHOOL STUDENTS, 12 UNDERGRADUATE STUDENTS AND 5 FACULTY MEMBERS PARTICIPATED IN THESE PROGRAMS. RELATIONSHIPS AMONG FORM 990 PART VI, LINE 2 PHILLIP SHARP AND MARK NUNNELLY ARE EMPLOYEES OF MIT AND L. RAFAEL REIF IS THE PRESIDENT OF MIT; THEREFORE THEY HAVE A BUSINESS RELATIONSHIP. ALL ARE DIRECTORS AT THE BROAD INSTITUTE. JEFFREY FLIER IS AN EMPLOYEE OF HARVARD AND DREW GILPIN FAUST IS THE PRESIDENT OF HARVARD; THEREFORE THEY HAVE A BUSINESS RELATIONSHIP. THEY ARE BOTH DIRECTORS AT THE BROAD INSTITUTE. MEMBERS FORM 990 PART VI, LINE 6 THE MEMBERS OF THE BROAD INSTITUTE CONSIST OF MIT, HARVARD, AND THE ELI AND EDYTHE BROAD FOUNDATION. DECISIONS OF THE GOVERNING BODY SUBJECT TO APPROVAL BY MEMBERS FORM 990 PART VI, LINE 7A AND 7B BROAD MEMBERS (HARVARD, MIT AND THE BROAD FOUNDATION) EXERCISE ALL POWERS CONSISTENT WITH THE ACTIVITIES AND AFFAIRS OF THE BROAD INSTITUTE. THE MEMBERS HAVE ALL POWERS AND RIGHTS AS ARE VESTED IN THEM BY LAW, THE ARTICLES OF ORGANIZATION AND THE BY-LAWS, WHICH INCLUDE AMENDMENTS TO THE BY-LAWS AND ARTICLES OF INCORPORATION, THE ELECTION OR REPLACEMENT OF DIRECTORS, DISTRIBUTIONS OF THE ENDOWMENT PRIOR TO JULY 1, 2014 AND DISSOLUTION OF THE INSTITUTE. THE MEMBERS SHALL HOLD AN ANNUAL MEETING FOR ELECTION OF DIRECTORS AND FOR THE CONDUCT OF SUCH OTHER BUSINESS AS MAY COME BEFORE THE MEETING. REVIEW OF 990 FORM 990, PART VI, LINE 11B THE BROAD INSTITUTE'S FORM 990 WAS PREPARED WITH THE ASSISTANCE OF THE INSTITUTE'S AUDITORS, PRICEWATERHOUSECOOPERS LLP. THE DRAFT FORM 990 WAS PROVIDED TO THE INSTITUTE'S SENIOR MANAGEMENT AND AUDIT, RISK AND COMPLIANCE COMMITTEE FOR REVIEW AND COMMENT. THE FULL BOARD RECEIVED A COMPLETED COPY OF THE FORM 990 PRIOR TO THE FORM BEING FILED WITH THE IRS. CONFLICT OF INTEREST POLICY FORM 990, PART VI, LINE 12C EACH DIRECTOR AND OFFICER HAS A DUTY TO PLACE THE INTEREST OF THE INSTITUTE FOREMOST IN ANY DEALING WITH THE INSTITUTE AND HAS A CONTINUING RESPONSIBILITY TO COMPLY WITH THE REQUIREMENTS OF THIS POLICY. EACH DIRECTOR AND OFFICER IS REQUIRED TO ANNUALLY ACKNOWLEDGE HIS OR HER FAMILIARITY WITH THIS POLICY AND DISCLOSE IN WRITING TO THE CHAIRMAN OF THE BOARD 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 BY THE CHAIRMAN OF THE BOARD. ANY ISSUES NOT PREVIOUSLY DISCLOSED ARE REFERRED BY HIM OR HER TO THE BOARD OR APPROPRIATE COMMITTEE. IF CONFLICTS ARE IDENTIFIED, RESTRICTIONS ARE IMPOSED THAT MAY INCLUDE PROHIBITING THE DIRECTOR OR OFFICER FROM PARTICIPATING IN THE BOARD'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION. THE CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE RETAINED IN THE CONFIDENTIAL FILES OF THE CHAIRMAN OF THE BOARD. COMPENSATION FORM 990, PART VI, LINES 15A AND 15B THE BROAD INSTITUTE ENGAGED A CONSULTING FIRM TO CONDUCT AN INDEPENDENT STUDY FOR THE PRESIDENT/CEO'S COMPENSATION AND FOR THE COMPENSATION OF OTHER TOP ADMINISTRATIVE POSITIONS, INCLUDING ALL OTHER OFFICERS, IN MARCH 2014 AND APRIL 2016, RESPECTIVELY. THE STUDY FINDINGS WERE PRESENTED TO THE LEADERSHIP, POLICY AND GOVERNANCE COMMITTEE WHO REVIEWED, AND THEIR DELIBERATIONS AND DECISIONS WERE CONTEMPORANEOUSLY DOCUMENTED. PUBLIC DISCLOSURE OF DOCUMENTS FORM 990, PART VI, LINE 18 THE FORM 990 IS MADE AVAILABLE UPON REQUEST AND ON GUIDESTAR.ORG. THE FORM 1023 IS MADE AVAILABLE UPON REQUEST. AVAILABILITY OF DOCUMENTS FORM 990, PART VI, LINE 19 THE INSTITUTE'S AUDITED FINANCIAL STATEMENTS ARE ATTACHED TO THE ANNUALLY FILED MASSACHUSETTS FORM PC, WHICH IS AVAILABLE TO THE PUBLIC. THE INSTITUTE'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. BENEFICIAL INTEREST IN TRUST FORM 990, PART XI, LINE 9 THE INSTITUTE HAS A BENEFICIAL INTEREST IN TRUST. ACCORDINGLY, THE INSTITUTE RECOGNIZES ITS INTEREST IN THE TRUST WITH CHANGES RECOGNIZED IN NONOPERATING ACTIVITIES IN ITS FINANCIAL STATEMENTS. CLINICAL RESEARCH SEQ PLATFORM LLC 415 MAIN STREET CAMBRIDGE MA 02142 352469571 SEQUENCING MA 717838 2727406 BROAD INST GENOME BRIDGE LLC 415 MAIN STREET CAMBRIDGE MA 02142 900984758 COMBINE DATA MA 0 0 BROAD INST THE STANLEY FUND FOR THE BROAD INSTITUTE 415 MAIN SREET CAMBRIDGE MA 02142 465574304 SUPPORT. ORG. MA 501(c)(3) 11a BROAD INST true false false true false false false false false false false false true false false false false false false false THE STANLEY FUND FOR THE BROAD INSTITUTE C 37000000 CASH