2017-11-14T14:12:17-06:00 2016-12-31 420714325 RSM US LLP 1555 PALM BEACH LAKES BLVD SUITE 700 WEST PALM BEACH FL 33401 990 2016-01-01 262117502 MAX PLANCK FLORIDA CORPORATION MAXP 5619729000 ONE MAX PLANCK WAY JUPITER FL 33458 MATTHIAS HAURY COO 5619729000 2017-11-14 1 TERRI BURDINE P00362629 5616971785 2017-11-08 108.171.131.187 2017-11-14 15:12:04 ES P 43125AECB17A7A37DAA4A03BB0C68462DF528842 19D2789BCC42DB11053A1878AF6F2584D0BCD1F3 2016 2021-01-29 14:40:06Z MAX PLANCK FLORIDA INSTITUTE FOR NEUROSCIENCE DAVID FITZPATRICK ONE MAX PLANCK WAY JUPITER FL 33458 41866744 0 X WWW.MPFI.ORG X 2007 FL THE ORGANIZATION'S MISSION IS TO EXPAND KNOWLEDGE OF THE BIOSCIENCES, EDUCATE AND TRAIN YOUNG SCIENTISTS FOR BIOMEDICAL RESEARCH AND IMPROVE HUMAN WELFARE BY APPLYING BREAKTHROUGHS IN RESEARCH TO THE ADVANCEMENT OF MEDICAL DIAGNOSIS AND MEDICAL CARE FOR THE PUBLIC'S BENEFIT. 12 10 170 12 0 0 24569158 17806054 132379 224706 674263 633324 0 0 25375800 18664084 249260 45000 0 0 10703209 11203213 0 0 481195 14367820 11925290 25320289 23173503 55511 -4509419 108136541 104139822 941569 815889 107194972 103323933 THE ORGANIZATION'S MISSION IS TO EXPAND KNOWLEDGE OF THE BIOSCIENCES, EDUCATE AND TRAIN YOUNG SCIENTISTS FOR BIOMEDICAL RESEARCH AND IMPROVE HUMAN WELFARE BY APPLYING BREAKTHROUGHS IN RESEARCH TO THE ADVANCEMENT OF MEDICAL DIAGNOSIS AND MEDICAL CARE FOR THE PUBLIC'S BENEFIT. 0 0 21656859 224706 MAX PLANCK FLORIDA CORPORATION ESTABLISHED ITS FIRST SCIENTIFIC DEPARTMENT IN THE SUMMER OF 2009 AND HAS EXPANDED TO TWO RESEARCH DIVISIONS AND SIX RESEARCH GROUPS TO FULFILL ITS PURPOSE TO EXPAND KNOWLEDGE OF THE BIOSCIENCES, AND EDUCATE AND TRAIN YOUNG SCIENTISTS FOR BIOMEDICAL RESEARCH. THE EIGHT RESEARCH LABS FOCUS IN THE AREAS OF DISORDERS OF NEURAL CIRCUIT FUNCTION, MECHANISMS OF SYNAPTIC SIGNALING & COMPUTATION, FUNCTIONAL ARCHITECTURE & DEVELOPMENT OF VISUAL CORTEX, CELLULAR ORGANIZATION OF CORTICAL CIRCUIT FUNCTION, MOLECULAR MECHANISMS OF SYNAPTIC FUNCTION, NEURONAL SIGNAL TRANSDUCTION, CELLULAR BASIS OF NEURAL CIRCUIT PLASTICITY AND DEVELOPMENT & FUNCTION OF INHIBITORY NEURAL CIRCUITS. 45000 45000 FUNDING FOR MAX PLANCK FLORIDA FOUNDATION, A SEPARATE FUNDRAISING ENTITY THAT WILL RAISE AND DISTRIBUTE FUNDS FOR THE BENEFIT OF THE MAX PLANCK FLORIDA CORPORATION TO FURTHER THE PURPOSE OF DEVELOPING AND OPERATING A SCIENTIFIC RESEARCH INSTITUTE IN FLORIDA. MAX PLANCK FLORIDA FOUNDATION IS A 501(C)(3) ENTITY. 0 0 0 THE INSTITUTE AND THE MAX PLANCK SOCIETY HAVE A FUNDING AGREEMENT WHEREBY THE SOCIETY PROVIDES ANNUAL FUNDING FOR OPERATIONS OF THE ORGANIZATION UP TO A MAXIMUM OF 8 MILLION EUROS. DURING 2016, THE INSTITUTE RECEIVED $9,261,674 FROM THE SOCIETY WHICH CONSISTS OF $8,817,970 FOR OPERATIONS, $400,177 FOR RESEARCH GROUPS, AND $43,527 FOR GRADUATE PROGRAMS FUNDING.IN 2008, THE INSTITUTE ENTERED INTO A GRANT AGREEMENT WITH PALM BEACH COUNTY PROVIDING FOR $26,926,000 GENERAL OPERATING FUNDS OF WHICH $21,579,000 HAS BEEN RECEIVED THROUGH DECEMBER 31, 2016. THE INSTITUTE RECEIVED $3,028,000 AND $10,356,000 DURING THE YEARS ENDED DECEMBER 31, 2016 AND 2015, RESPECTIVELY. 21701859 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 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 1 1 0 0 1 23 0 1 170 1 0 0 0 0 0 0 0 0 0 0 X 12 10 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X DORIS FORCHHEIMER 5619729000 ONE MAX PLANCK WAY JUPITER FL 33458 X BILL S HANSSON CHAIRMAN 1.00 X 0 0 0 DAVID AUTH DIRECTOR 1.00 X 0 0 0 ALEX W DREYFOOS DIRECTOR 1.00 X 0 0 0 GEORGE ELMORE DIRECTOR 1.00 X 0 0 0 LOUIS J FREEH DIRECTOR 1.00 X 0 0 0 JEAN-PIERRE GARNIER DIRECTOR 1.00 X 0 0 0 NASSER KAZEMINY DIRECTOR 1.00 X 0 0 0 BONNIE MCELVEEN-HUNTER DIRECTOR 1.00 X 0 0 0 JAMES R MELLOR DIRECTOR 1.00 X 0 0 0 BERNARD POUSSOT DIRECTOR 1.00 X 0 0 0 MARKUS SCHLEIER DIRECTOR 1.00 X 0 0 0 CARLA J SHATZ DIRECTOR 1.00 X 0 0 0 MATTHIAS HAURY COO 40.00 X 238799 0 21667 WILLIAM PENNELL VP FINANCE & ADMINISTRATION 40.00 X 184782 0 17235 BARBARA SUFLAS NOBLE VP OF INSTITUTE ADVANCEMENT 12.00 28.00 X 196516 0 48132 DORIS FORCHHEIMER CONTROLLER 40.00 X 98352 0 10080 DAVID FITZPATRICK CHIEF SCIENTIFIC DIRECTOR/ 40.00 1.00 X 374760 0 43442 RYOHEI YASUDA SCIENTIFIC DIRECTOR 40.00 X 245983 0 12652 JASON M CHRISTIE RESEARCH GROUP LEADER 40.00 X 149341 0 14193 SAMUEL M YOUNG RESEARCH GROUP LEADER 40.00 X 155402 0 13990 HYUNGBAE KWON RESEARCH GROUP LEADER 40.00 X 142345 0 4737 HIROKI TANIGUCHI RESEARCH GROUP LEADER 40.00 X 139505 0 3164 JAMES M SCHUMMERS RESEARCH GROUP LEADER 40.00 X 140559 0 15176 2066344 0 204468 10 0 1 0 ALLIED UNIVERSAL 161 WASHINGTON ST STE 600 CONSHOHOCKEN PA 19428 SECURITY 144269 T&M SERVICES 31 NE 1ST STREET POMPANO BEACH FL 33060 JANITORIAL SERVICES 122150 2 9261674 8076643 467737 17806054 INSTRUCTION REVENUE 611710 224706 224706 224706 491718 491718 23314266 30000 23202660 0 111606 30000 141606 141606 18664084 224706 0 633324 45000 45000 8498839 8076978 211912 209949 711482 683356 12951 15175 1424619 1366960 33412 24247 568273 539966 14842 13465 93800 81859 10927 1014 66576 57762 8066 748 99948 99948 14836 10162 527 4147 429342 360320 20112 48910 93853 86518 6187 1148 427810 394194 8881 24735 227769 211013 4084 12672 4879159 4609291 246661 23207 502959 436369 60936 5654 RECRUITING/CONTRACT SVC 2185415 2001814 107714 75887 SUPPLIES & EQUIPMENT 1675252 1661299 9931 4022 REPAIRS & MAINTENANCE 1034000 909849 111975 12176 OTHER 194571 169149 21383 4039 23173503 21701859 990449 481195 763859 408893 1502733 2065789 1542340 853008 33683 673068 909929 923712 96118443 27762465 72973361 68355978 24079214 24196838 6091051 6584724 240371 77812 108136541 104139822 941569 815889 941569 815889 X 95117836 92090704 8400131 7494273 3677005 3738956 107194972 103323933 108136541 104139822 X -4509419 491334 -346627 493673 X X 0 1 X 1 1 1 X 15223087 7144238 16672473 24569158 17806054 81415010 15223087 7144238 16672473 24569158 17806054 81415010 81415010 1371274 1371274 82786284 587314 0.98340 0.98780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6000000 6000000 64643532 7215488 57428044 24841276 19939029 4902247 633635 607948 25687 68355978 ROBECO BOSTON 1483566 F DIAMOND HILL 1905652 F WCM INVESTMENTS 2498844 F RICHMOND CAPITAL 4831533 F WASMER SCHROEDER 6863151 F OPERATING ACCOUNT 19485 F ALTERNATIVES 1684571 F AMI LARGE CAP GROWTH 1641774 F GREAT LAKES ADVISORS AIP 1861079 F VANGUARD 500 INDEX-MPFI 1407183 F 24196838 INTEREST IN NET ASSETS OF THE FOUNDATION 6584724 F 6584724 19125418 491334 491334 18634084 30000 30000 18664084 23445130 346627 346627 23098503 75000 75000 23173503 PART XI, LINE 4B - OTHER ADJUSTMENTS: GAIN ON SALE OF ASSET 30,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: CAPITAL CONTRIBUTION TRANSFER TO FOUNDATION 45,000. GAIN ON SALE OF ASSET 30,000. 0 MAX PLANCK FLORIDA FOUNDATION ONE MAX PLANCK WAY JUPITER FL 33458 272007902 501(C)(3) 45000 CAPITAL CONTRIBUTION TO FUND 501(C)(3) ENTITY. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 MATTHIAS HAURY COO 238799 0 0 0 0 0 17500 0 4167 0 260466 0 0 0 WILLIAM PENNELL VP FINANCE & ADMINISTRATION 184782 0 0 0 0 0 11158 0 6077 0 202017 0 0 0 BARBARA SUFLAS NOBLE VP OF INSTITUTE ADVANCEMENT 196516 0 0 0 0 0 42000 0 6132 0 244648 0 0 0 DAVID FITZPATRICK CHIEF SCIENTIFIC DIRECTOR/ 374760 0 0 0 0 0 42000 0 1442 0 418202 0 0 0 RYOHEI YASUDA SCIENTIFIC DIRECTOR 245983 0 0 0 0 0 7511 0 5141 0 258635 0 0 0 JASON M CHRISTIE RESEARCH GROUP LEADER 149341 0 0 0 0 0 9239 0 4954 0 163534 0 0 0 SAMUEL M YOUNG RESEARCH GROUP LEADER 155402 0 0 0 0 0 9572 0 4418 0 169392 0 0 0 JAMES M SCHUMMERS RESEARCH GROUP LEADER 140559 0 0 0 0 0 8800 0 6376 0 155735 0 0 0 PART I, LINE 1A THE EXECUTIVE TEAM TRAVELS FIRST-CLASS WHEN TRAVELING OVERSEAS. FORM 990, PART VI, SECTION A, LINE 7A THE FOLLOWING PERSONNEL CAN PARTICIPATE IN THE ELECTION OF THE OFFICERS & DIRECTORS: THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE GOVERNING BODY REVIEWS FORM 990 AND THE RELATED SCHEDULES ALONG WITH THE AUDIT COMMITTEE AND MANAGEMENT. THESE INDIVIDUALS REVIEW FORM 990, PREPARED BY AN OUTSIDE CPA, IN ITS ENTIRETY PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE AND COMMUNICATE TO THE BOARD OF DIRECTORS AT THE NEXT SCHEDULED BOARD MEETING. THIS APPROVAL PROCESS IS DOCUMENTED WITH THE SIGNATURE OF THE COO OR CEO. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY USING THE FOLLOWING PRACTICES: CONFLICTS THAT ARISE MUST BE REPORTED TO THE BOARD WHEREBY APPROPRIATE ACTION IS TAKEN. FORM 990, PART VI, SECTION B, LINE 15 INDEPENDENT DATA IS USED TO ESTABLISH COMPENSATION FOR EVERY KEY MANAGEMENT POSITION PRIOR TO AND AT THE TIME OF HIRE. THE BOARD OF TRUSTEES RATIFIES HIRES AT THE NEXT SCHEDULED BOARD MEETING. THE BOARD CHAIRMAN ALONG WITH ALL SENIOR OFFICERS PARTICIPATE IN HIRING, REVIEW AND DECISION. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION PROVIDES COPIES OF FORM 990 AND ITS RELATED SCHEDULES UPON REQUEST FOR THE PERIOD OF DISCLOSURE AS SET FORTH IN IRC SECTION 6104(D). FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ONLY FOR INSPECTION ON PREMISES FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN IRC SECTION 6104(D). FORM 990, PART VII, LINE 17 THE VP OF INSTITUTE ADVANCEMENT IS COMPENSATED THROUGH MAX PLANCK FLORIDA CORPORATION. THIS INDIVIDUAL DEVOTES THE MAJORITY OF THEIR TIME TO THE RELATED ORGANIZATION MAX PLANCK FLORIDA FOUNDATION. FORM 990, PART VII, LINES 1 AND 11 THE ORGANIZATION IS UNABLE TO SECURE INFORMATION ON COMPENSATION PAID TO BILL HANSSON AND MARKUS SCHLEIER BY THE FOREIGN RELATED ORGANIZATION, MAX PLANCK SOCIETY FOR THE ADVANCEMENT OF SCIENCE, AFTER MAKING A REASONABLE EFFORT TO OBTAIN THE INFORMATION AND IS UNABLE TO PROVIDE A REASONABLE ESTIMATE OF SUCH COMPENSATION. FORM 990, PART XI, LINE 9: CHANGE IN INTEREST IN NET ASSETS OF FOUNDATION 493,673. FORM 990, PART XII, LINE 2C NO CHANGE FROM PRIOR YEAR. MAX PLANCK FLORIDA FOUNDATION ONE MAX PLANCK WAY JUPITER FL 33458 272007902 501(C)(3) SUPPORTING ORGANIZATION FL 501(C)(3) LINE 12A, I MAX PLANCK FLORIDA CORPORATION 1 MAX PLANCK SOCIETY FOR THE ADVANCEMENT OF SCIENCE HOFGARTEN STREET 8 MUNICH GM 80539 INDEPENDENT NON-PROFIT RESEARCH ORGANIZATION GM 501(C)(3) LINE 7 N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 MAX PLANCK FLORIDA FOUNDATION C 1504237 FMV MAX PLANCK FLORIDA FOUNDATION O 312027 FMV MAX PLANCK GESELLSCHAFT C 9261674 FMV