2017-05-10T07:53:50-05:00 2016-06-30 GRANT THORNTON LLP 75 STATE STREET BOSTON MA 02109 990 2015-07-01 042104230 Forsyth Dental Infirmary for Children % WANDA CORDOVA FORS 6178928367 245 First Street Cambridge MA 02142 WANDA CORDOVA CFO 6178928367 2017-01-24 true Robert J Butler Jr P00037953 6177237900 2015 2021-01-29 14:40:06Z The Forsyth Institute Diane Macdonald 245 First Street Cambridge MA 02142 25371615 false X www.forsyth.org X 1910 MA to improve oral and overall health through a combination of innovative research and community outreach by accelerating the delivery of wellness solutions into the real world. 17 16 207 55 660581 -352911 18828815 15255665 4963232 7581598 2842775 2360839 200180 112934 26835002 25311036 3478738 2879531 0 0 16090307 15336882 0 0 222107 11631176 11701543 31200221 29917956 -4365219 -4606920 84381243 76267336 9981068 9886322 74400175 66381014 X the forsyth institute was founded to provide free dental care to boston's poorest children. it was quickly determined that treating the ravages of dental disease (see schedule o) false false 22557626 2879531 6102677 Over the past 100 years, Forsyth has evolved into an innovative center for biomedical research. Many of Forsyth's scientists use the mouth as a portal to learn more about the body; and are examining how bone loss occurs and how inflammation contributes to systemic diseases such as diabetes and heart disease. Others are investigating the roles that bacteria in and on the human body (our microbiome) play in health and disease - from cavities to pneumonia. The institute's founding public health mission remains strong through the ForsythKids program, a novel mobile service delivering dental care to thousands of underserved children annually. 22557626 true true false true false false false false false true true true false false true true false true false false true true false false true false false true false true false false false false false false false false false false false false false true true true false false true 32 0 true 207 true true true false false false false false false false false false X 17 16 false false true false false false false true true false false true true true true true true true true false MA X X WANDA CORDOVA 6178928367 245 FIRST STREET Cambridge MA 02142 Mr Peter Nessen Chairman of the Board 4.0 0.0 X X 0 0 0 Mr Richard Anders Director 1.0 0.0 X 0 0 0 Mr Stanley M Bergman Director 1.0 0.0 X 0 0 0 Ms Elyse D Cherry Director 1.0 0.0 X 0 0 0 Ms Catherine D'Amato Director 1.0 0.0 X 0 0 0 Dr David W Ellis Vice Chair 1.0 0.0 X X 0 0 0 Dr John Ficarelli Director 1.0 0.0 X 0 0 0 Dr Steven D Freedman Director 1.0 0.0 X 0 0 0 Ms Rosalee Hermens Director 1.0 0.0 X 0 0 0 Ms Janet Kelly Director 1.0 0.0 X 0 0 0 Mr John M Plukas Director 1.0 0.0 X 0 0 0 Mr J Brian Potts Director 1.0 0.0 X 0 0 0 Mr Walter M Pressey Director 1.0 0.0 X 0 0 0 Ms Robyn Redfield Director 1.0 0.0 X 0 0 0 Ms Nancy Rosenzweig Director 1.0 0.0 X 0 0 0 Dr Anthony R Volpe Director 1.0 0.0 X 0 0 0 Mr Philip P Stashenko President & CEO (thru 6/30/16) 45.0 0.0 X X 467909 0 51646 Ms Diane MacDonald COO & Secretary 45.0 0.0 X 257753 0 43186 Ms Wanda Cordova CFO & Treasurer 45.0 0.0 X 101778 0 10641 Mr Thomas E Van Dyke VP Clinical and Trans. Res. 45.0 0.0 X 319152 0 51646 Mr Paul V McDonough VP Operations (thru 6/30/16) 45.0 1.0 X 217901 0 44072 Dr Antonio Campos-Neto senior scientist 45.0 0.0 X 230212 0 54259 Dr Pramod M Soparkar senior scientist 45.0 0.0 X 228940 0 45559 Dr Henry C Margolis senior scientist 45.0 0.0 X 224084 0 45186 Dr Floyd Dewhirst senior scientist 45.0 0.0 X 210214 0 51335 Dr Bruce Paster senior scientist 45.0 0.0 X 210147 0 28733 2468090 0 426263 32 false true false Matter Communications Inc 50 Water Street Mill 3 NEWBURYPORT MA 01950 Public Relations 174003 Foley Hoag LLP 155 Seaport Boulevard BOSTON MA 02210 Legal 137630 2 33498 14699336 522831 15255665 RESEARCH 541700 6921017 6921017 DENTAL SERVICES 621400 660581 660581 7581598 996363 996363 0 0 0 0 0 1301476 63000 1301476 63000 1364476 1364476 85829 33498 60579 25250 25250 0 0 MISCELLANEOUS INCOME 900099 87684 87684 87684 25311036 6921017 660581 2473773 2739452 2739452 0 140079 140079 0 1719804 175040 1544764 0 10590028 8220437 2264807 104784 1008033 731135 266594 10304 1264980 766121 488532 10327 754037 496692 250502 6843 0 289019 289019 95000 95000 13384 13384 0 238750 238750 854681 268080 550257 36344 0 0 0 0 4730549 4451244 253914 25391 145331 109384 35034 913 0 99311 5115 91484 2712 0 0 2506977 2458152 48813 12 243524 8648 234876 SUPPLIES 1742289 1623207 116401 2681 OTHER EXPENSES 742728 364840 356092 21796 29917956 22557626 7138223 222107 0 999615 1947554 2796251 556534 103988 6172915 8256676 0 0 0 0 0 0 0 0 109798 116677 28298837 12127087 17125639 16171750 0 802752 58468803 47019627 0 0 0 0 0 0 84381243 76267336 2957101 3616746 0 0 948722 808654 0 0 0 0 0 0 0 0 0 0 6075245 5460922 9981068 9886322 X 15079085 18929880 58821090 46951134 500000 500000 74400175 66381014 84381243 76267336 -4606920 -3412241 X false true X true true true X 21242127 15898614 16861415 18828815 15255665 88086636 6205283 7188771 5589963 4356952 6921017 30261986 0 0 0 27447410 23087385 22451378 23185767 22176682 118348622 46700 47700 32000 15000 57075 198475 0 46700 47700 32000 15000 57075 198475 118150147 98596 1302583 719204 1167224 996363 4283970 65850 372699 437025 606280 660581 2142435 164446 1675282 1156229 1773504 1656944 6426405 0 527969 149331 158342 248556 173513 1257711 28139825 24911998 23765949 25207827 24007139 126032738 0.93746 0.96195 0.05099 0.02666 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13384 13384 29665822 29679206 1000000 250000 false 1000000 1000000 1000000 1000000 4000000 6000000 182431 149635 101114 13384 446564 250000 250000 250000 250000 1000000 1500000 Lobbying Activity Lobbying expenses included a contract with a lobbying firm for assistance with state grant lobbying. This arrangement was terminated in September 2015. Additionally, Forsyth belongs to a membership organization which engages in lobbying activities. A portion of the dues paid are specifically identified as lobbying expenses. 58466801 -1362958 6844920 50258923 61378494 280367 3192060 58466801 55764244 8934086 3319836 61378494 55901265 4141664 4278685 55764244 60546884 -482585 4163034 55901265 0.06450 0.00990 0.92560 true false 16258120 5873038 10385082 10504688 5979252 4525436 1536029 274797 1261232 16171750 BENEFICIAL INTEREST IN TRUST 47019627 F 47019627 0 DEFERRED RENT 5406215 AMOUNTS HELD FOR THE BENEFIT OF OTHERS 54707 5460922 X 21660045 -3412241 -3412241 25072286 238750 238750 25311036 29679206 29679206 238750 238750 29917956 INTENDED USES OF ENDOWMENT FUNDS Schedule D, Part V, Line 4 TO SUPPORT THE CHARITABLE MISSION OF THE FORSYTH DENTAL INFIRMARY FOR CHILDREN. ASC 740 Footnote Schedule D, Part X, Line 2 The Institute follows guidance that clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognition and measurement. This guidance provides that the tax effects from an uncertain tax position can only be recognized in the financial statements if the position is "more-likely-than-not" to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. The Institute (and Forsyth International) are organizations described in Section 501(c)3) of the Internal Revenue Code, as amended (the Code), and are generally exempt from income taxes pursuant to Section 501(a) of the Code. The Institute is responsible for the maintenance of its tax-exempt status; identifying and reporting unrelated income; determining its filing and tax obligations in jurisdictions for which it has nexus; and identifying and evaluating other matters that may be considered tax positions. The Institute has determined that there are no material uncertain tax positions that require recognition or disclosure in the consolidated financial statements. true Middle East and North Africa Program Services Research Travel 9024 Europe (Including Iceland and Greenland) Grantmaking Research 140079 149103 149103 Europe (Including Iceland and Greenland) 140079 CHECK 1 1 false false false false false true 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. TASTE & TOAST 96237 33498 62739 2737 6997 1200 38532 GOLF EVENT 23090 23090 4752 3403 2958 0 119327 33498 85829 7489 10400 1200 41490 60579 25250 true Boston University 1 Silber Way Boston MA 02215 042103547 501 (c)(3) 133602 Program Support Community Dental Center 93 Main St Ste 15 Waterville ME 04901 010524329 501 (c)(3) 17283 Program Support Marine Biological Laboratory 7 Mbl Street Woods Hole MA 02543 042104690 501 (c)(3) 142621 Program Support Massachusetts General Hospital 210 Longwood Avenue Boston MA 02115 042697983 501 (c)(3) 251726 Program Support Massachusetts Institute of Technology 77 Massachusetts Avenue Cambridge MA 02139 042103594 501 (c)(3) 103579 Program Support New England Survey Systems 1415 Beacon St Ste 119 Brookline MA 02446 161777707 N/A 16682 Program Support New York University 105 E 17th Street New York NY 10003 135562308 501 (c)(3) 89932 Program Support The Ohio State University 1960 Kenny Road Columbus OH 43210 316401599 gov't 19662 Program Support The Research Fdn of State University of NY PO Box 9 Albany NY 12201 141368361 501 (c)(3) 153986 Program Support Spaulding Rehabililitation Hospital 300 1st Avenue Charlestown MA 02129 042551124 501 (c)(3) 71682 Program Support Southern Illinois University Edwardsville PO Box 1007 Edwardsville IL 62026 370986220 gov't 399810 Program Support Tufts Medical Center 800 Washington Street Boston MA 02111 043400617 501 (c)(3) 264102 Program Support Trustees of Tufts College 169 Hollard Street Somerville MA 02144 042103634 501 (c)(3) 80593 Program Support The University of Florida Board of Trustees PO Box 113001 Gainesville FL 32611 596002052 gov't 12141 Program Support University of Massachusetts Medical School 55 Lake Avenue North Worcester MA 01655 104316735 501 (c)(3) 56375 Program Support University of Michigan 3003 South State Street Ann Arbor MI 48109 386006309 gov't 61949 Program Support University of North Carolina - Chapel Hill 153 Country Club Road Chapel Hill NC 27514 566001393 gov't 505882 Program Support University of Pittsburgh 3109 Cathedral Pittsburgh PA 15260 250965591 gov't 99732 Program Support The Regents of the University of California Bx 0812 Uni of CA San Fransisco CA 94143 946036493 GOV'T 179152 Program Support Washington University in St Louis 1 Brookings Dr Box 1054 St Louis MO 63130 430653611 501 (c)(3) 66273 Program Support 19 1 organizations procedures for monitoring the use of grants in the U.S. Schedule I, Part I, Line 2 THE INSTITUTE ASSIGNS RESPONSIBILITY FOR MONITORING THE USE OF GRANT FUNDS 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 true true X X X X X false false false false false false false false false Mr Philip P Stashenko President & CEO (thru 6/30/16) 459329 0 0 0 8580 0 37956 0 13690 0 519555 0 0 0 Ms Diane MacDonald COO & Secretary 255549 0 0 0 2204 0 31205 0 11981 0 300939 0 0 0 Mr Thomas E Van Dyke VP Clinical and Trans. Res. 310792 0 0 0 8360 0 37956 0 13690 0 370798 0 0 0 Mr Paul V McDonough VP Operations (thru 6/30/16) 210834 0 0 0 7067 0 30382 0 13690 0 261973 0 0 0 Dr Antonio Campos-Neto senior scientist 223005 0 0 0 7207 0 32371 0 21888 0 284471 0 0 0 Dr Pramod M Soparkar senior scientist 219396 0 0 0 9544 0 31869 0 13690 0 274499 0 0 0 Dr Henry C Margolis senior scientist 217119 0 0 0 6965 0 31496 0 13690 0 269270 0 0 0 Dr Floyd Dewhirst senior scientist 203490 0 0 0 6724 0 29642 0 21693 0 261549 0 0 0 Dr Bruce Paster senior scientist 206335 0 0 0 3812 0 28733 0 0 0 238880 0 0 0 HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES Schedule J, Part I, Line 1a Golf Membership for President & CEO: this benefit is not considered taxable income to the President as the expense is incurred to further the business and exempt mission of The Forsyth Institute. The CEO terminated his golf membership December 31, 2015. NON-FIXED PAYMENTS Schedule J, Part I, Line 7 On an annual basis, any bonus awarded to the CEO is subject to review and approval by the board of directors prior to payment. Bonus payments to other key employees or highest compensated employees are subject to review and approval by the CFO and COO. Bonuses are based on individual performance. No amounts were awarded during calendar year 2015. Mission Statement (Continued) Form 990, Part III, Line 1 WAS SIMPLY IMPOSSIBLE GIVEN THE LIMITATIONS IN KNOWLEDGE OF THEIR CAUSES AND BEST MEANS OF PREVENTION - THUS BEGAN AN EXCITING JOURNEY OF SCIENTIFIC DISCOVERY. IN THE DECADES FOLLOWING, OUR RESEARCH HELPED TO TRANSFORM THE WAY THE WORLD UNDERSTANDS ORAL HEALTH. FORSYTH SCIENTISTS HAVE DEMONSTRATED DISTINCT CONNECTIONS BETWEEN ORAL DISEASES AND HEALTH CHALLENGES LIKE HEART DISEASE, DIABETES, AND EVEN CERTAIN CANCERS, AND ARE TACKLING OTHER GLOBAL INFECTIOUS DISEASES. WE HAVE ASSEMBLED A WORLD CLASS, MULTIDISCIPLINARY SCIENTIFIC TEAM CAPABLE OF SYSTEM-WIDE APPROACHES TO BIOMEDICAL INNOVATION WITH THE POTENTIAL FOR PROFOUND IMPACT. BECAUSE THE FORSYTH TEAM COMBINES THE BEST KNOWLEDGE OF ORAL AND SYSTEMIC DISEASES WITH A RELENTLESS DRIVE TO ASK - AND ANSWER - NEW QUESTIONS, WE HAVE MADE MANY PARADIGM SETTING SCIENTIFIC AND MEDICAL ADVANCES. AS AN INDEPENDENT RESEARCH INSTITUTE, WE HAVE THE FREEDOM TO FOLLOW OUR SCIENCE WHEREVER IT LEADS, AND TO COLLABORATE WITH A BROAD SPECTRUM OF STAKEHOLDERS - OTHER RESEARCH ORGANIZATIONS, INDUSTRY, PRACTICING PROFESSIONALS, PUBLIC LEADERS, AND PATIENTS - TO MEET OUR SHARED GOALS. IN THE YEARS AHEAD, THE FORSYTH WILL CONTINUE TO LEVERAGE ITS UNIQUE KNOWLEDGE OF ORAL AND ASSOCIATED SYSTEMIC DISEASES TO ELUCIDATE NEW BIOMEDICAL INSIGHTS, AND TO FIND THE BEST WAYS - UNFETTERED BY CONVENTION-TO HELP BILLIONS LIVE HEALTHIER LIVES. Changes to organizational Documents Form 990, Part VI, Section A, Line 4 The Forsyth Institute adopted revisions to their bylaws, effective March 3, 2016. These revisions included significant changes to the bylaws, including: -Changed from a membership to a nonmember organization. -The number of allowable board members, previously 5-18, is now 9-20. -The board now has the ability to amend or restate the Articles of Organization with a 2/3 majority of all of the directors then in office. -The board now has the power to approve any sale, lease, exchange or other disposition of all, or substantially all, of the property or assets of the corporation with a 2/3 majority of all of the directors then in office. -The board now has the power to approve any agreement of consolidation or merger in which the corporation is a party with a 2/3 majority of all of the directors then in office. -The description of board powers has been expanded to include the power to evaluate and dismiss the president/CEO, and the power to update policies for management practices, ensuring accountability for corporate resources, and setting the priorities incorporated in the annual budget. -The board no longer has the power to remove staff from Forsyth. -The President/CEO is now an ex officio voting director. -The quorum, previously the lesser of a majority of the board or 7 directors, is now a majority of the board. -The secretary is now required to be a Massachusetts resident. Form 990 Review Process Form 990, Part VI, Section B, Line 11b THE RETURN WAS PREPARED BY TAX ADVISORS FROM A NATIONAL ACCOUNTING FIRM WITH INFORMATION PROVIDED BY MANAGEMENT. THE DRAFT FORM 990 IS REVIEWED BY THE COO, CFO, AND THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS. IT IS THEN DISTRIBUTED TO EACH MEMBER OF THE BOARD OF DIRECTORS FOR REVIEW BEFORE FILING. Conflict of Interest Policy Monitoring & Enforcement FORM 990, PART VI, Section B, LINE 12C Forsyth's Conflict of Interest Policy applies to Forsyth's Board Members, Officers, Administrators, and Research employees and was established to protect the interest of the Institute - the design, conduct, or reporting of operations or research. Consistent with the policy, Officers, Administrators, Research Staff employees and Board Members are required to complete an annual Conflict of Interest Disclosure form. To accomplish this objective, this Policy establishes a disclosure system whereby potential conflict situations will be identified, reviewed and addressed. Forsyth Officers, Administrators, and Research Employees - Forsyth's Chief General Counsel is the Institutional Official who is responsible for disseminating the Conflict of Interest Policy and collecting signed Disclosure Statements when the employees are first hired and annually thereafter. The resolution of any conflict or perceived conflict is identified by the Institutional Official, in consultation with Forsyth's Conflict of Interest Committee. Forsyth Board Members - the Secretary of the Board is responsible for disseminating the Conflict of Interest Policy and collecting signed Disclosure Statements from Board Members at the time they are appointed and annually thereafter. The resolution of any conflict or perceived conflict is identified by the Secretary and Forsyth's Chief General Counsel in consultation with the Chairman of Forsyth's Board of Directors. As a voting board member, the CEO does not vote on and is recused when a conflict of interest arises. Process for Determining Compensation Form 990, Part VI, Section B, Lines 15A and 15B CEO COMPENSATION IS REVIEWED AND APPROVED ANNUALLY BY THE INDEPENDENT BOARD OF DIRECTORS. Comparable compensation data and form 990 data from other organizations are utilized for the review of CEO compensation. THE CEO REVIEWS AND APPROVES COMPENSATION FOR THE EXECUTIVE MANAGEMENT, USING MARKET SURVEYS AND FORM 990 DATA FOR OTHER SIMILAR ORGANIZATIONS. THESE DECISIONS ARE REVIEWED BY THE BOARD OF DIRECTORS. EVERY 3 YEARS, FORSYTH HIRES AN INDEPENDENT CONSULTANT TO DO A COMPARATIVE COMPENSATION ANALYSIS. ANNUALLY, THE BOARD OF DIRECTORS DOES ITS OWN COMPARATIVE ANALYSIS OF OTHER ORGANIZATIONS. THESE ANALYSES ARE UTILIZED IN THE REVIEW OF THE CEO AND EXECUTIVE MANAGEMENT'S COMPENSATION. BOTH THE DELIBERATION AND DECISION PROCESS FOR DETERMINING COMPENSATION OF THE CEO AND EXECUTIVE MANAGEMENT IS CONTEMPORANEOUSLY DOCUMENTED. How Documents are Made Available to the Public Form 990, Part VI, Section C, Line 19 The Forsyth Institute makes its governing documents, written policies and financial statements available to the public. These items are available upon request. Forsyth International Inc 245 FIRST STREET CAMBRIDGE MA 02142 043443294 DENTAL CARE MA 501(C)(3) 09 FORSYTH true Beneficial Interest Trust Trust MA Forsyth Trust 10084216 0 1.00000 true false false false false false false false false false false false false false false false false false false false