2015-11-16T09:51:30-06:00 2014-12-31 271235638 MOUNTJOY CHILTON MEDLEY LLP 462 S FOURTH ST SUITE 2600 LOUISVILLE KY 402023445 990 2014-01-01 830392250 NATIONAL STEM CELL FOUNDATION INC NATI 5023798544 462 S 4TH STREET NO 1230 LOUISVILLE KY 40202 DR PAULA GRISANTI CHAIRMAN 5023798544 2015-11-13 1 REBECCA L PHILLIPS CPA P00024055 5027491900 2014 2016-04-25 22:37:26Z DR PAULA GRISANTI 462 S 4TH STREET NO 1230 LOUISVILLE KY 40202 1017982 0 X WWW.NATIONALSTEMCELLFOUNDATION.ORG X 2003 DC FUND ADULT STEM CELL AND REGENERATIVE MEDICINE RESEARCHTHE MISSION OF NATIONAL STEM CELL FOUNDATION, INC. IS TO FUND, PROMOTE AND SUPPORT RESEARCH COLLABORATION IN THE FIELD OF ADULT STEM CELL AND REGENERATIVE MEDICINE TECHNOLOGIES, IMPROVE THE LIVES OF PEOPLE WORLDWIDE SUFFERING FROM CONDITIONS THAT WILL BENEFIT FROM ADVANCES IN THE FIELD AND MAKE CURATIVE THERAPIES ACCESSIBLE TO ALL. 5 5 3 5 0 0 112193 1004349 200000 0 3934734 12061 7830 1572 4254757 1017982 264537 504441 0 0 79586 205629 0 0 27125 198341 171248 542464 881318 3712293 136664 5040131 5172529 405748 401482 4634383 4771047 FUND, PROMOTE AND SUPPORT RESEARCH COLLABORATION IN THE FIELD OF ADULT STEM CELL AND REGENERATIVE MEDICINE TECHNOLOGIES, IMPROVE THE LIVES OF PEOPLE WORLDWIDE SUFFERING FROM CONDITIONS THAT WILL BENEFIT FROM ADVANCES IN THE FIELD AND MAKE CURATIVE THERAPIES ACCESSIBLE TO ALL. 0 0 763830 504441 THE NATIONAL STEM CELL FOUNDATION (NSCF) SUPPORTS RESEARCH AND CLINICAL TRIALS IN THE FIELD OF ADULT STEM CELL AND REGENERATIVE MEDICINE TECHNOLOGIES IN FOUR PRIMARY FOCUS AREAS: AUTOIMMUNE DISEASE, NEURODEGENERATIVE DISEASE, RARE CHILDHOOD DISORDERS AND REGENERATIVE REPAIR. NSCF LOOKS FOR RESEARCH THAT NEEDS A PHILANTHROPIC BOOST TO MOVE FROM LABORATORY RESEARCH INTO CLINICAL TRIALS FOR PEOPLE IN NEED - WITH A PREFERENCE FOR PLATFORM TECHNOLOGIES WITH APPLICATION ACROSS A NUMBER OF DISORDERS. THE SUCCESSFULL TRANSLATION OF SCIENTIFIC BREAKTHROUGHS MEANS HOPE AND HELP FOR PATIENTS AND THEIR FAMILIES WORLDWIDE, BUT THE WIDESPREAD AVAILABITY OF TREATMENTS TO ELIMINATE THE NEED FOR ONGOING CARE WILL ALSO DRIVE SIGNIFICANT DOLLARS FROM THE CURRENT COST OF HEALTHCARE. 763830 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 3 1 0 0 0 0 0 0 0 0 0 0 X 5 5 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X PAULA GRISANTI DMD 5023798544 462 S 4TH STREET NO 1230 LOUISVILLE KY 40202 PAULA GRISANTI CHAIRMAN 40.00 X X 0 0 0 C DENNIS RIGGS SECRETARY/TREASURER 1.00 X X 0 0 0 MICHAEL GRISANTI DIRECTOR 2.00 X 0 0 0 BRUCE S WOLFF DIRECTOR 5.00 X 0 0 0 JOHN M CRANOR III DIRECTOR 1.00 X 0 0 0 DIANE CORNWELL CHIEF FINANCIAL OFFICER 1.30 X 15000 0 0 15000 0 0 0 0 0 0 0 1004349 1004349 12061 12061 OTHER INCOME 900099 1572 1572 1572 1017982 0 0 13633 504441 504441 15000 15000 172430 133683 21739 17008 5074 3736 886 452 13125 10178 1652 1295 6846 6846 33394 33394 8824 1192 7476 156 8831 8566 265 21595 14259 5534 1802 27909 21892 3251 2766 2850 2850 17965 16053 1912 2433 2433 8768 6878 1021 869 28666 27691 390 585 DUES AND MEMBERSHIPS 3000 3000 MISCELLANEOUS OPERATION 167 132 20 15 881318 763830 90363 27125 0 0 4545222 4567316 61418 107526 7531 9002 85600 16043 5378 69557 420582 419128 5040131 5172529 70748 126482 150000 275000 185000 0 405748 401482 X 4576162 4659521 58221 111526 4634383 4771047 5040131 5172529 136664 0 X X 0 1 X 1 0 X 1540484 464817 563050 112193 1004349 3684893 1540484 464817 563050 112193 1004349 3684893 1382078 2302815 568 641 441 550 12061 14261 7830 1572 9402 3708556 200000 0.62090 0.72630 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: ACCRUED ROYALTY FEES DATE: 04/21/11 AMOUNT: 1400000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5476 618 4858 80124 15425 64699 69557 OTHER PROGRAM RELATED ASSETS 419128 419128 X 1129292 111310 111310 1017982 0 1017982 992628 111310 111310 881318 0 881318 PART X, LINE 2: THE FOUNDATION HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE INDICATING THAT IT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF INTERNAL REVENUE CODE AND IS CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. THE FOUNDATION RECOGNIZES UNCERTAIN INCOME TAX POSITIONS USING THE "MORE-LIKELY-THAN-NOT" APPROACH AS DEFINED IN THE ACCOUNTING STANDARDS CODIFICATION. NO LIABILITY FOR UNCERTAIN TAX POSITIONS HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION'S 2011 - 2014 TAX YEARS REMAIN OPEN AND SUBJECT TO EXAMINATION. 1 ORTHOPEADIC RESEARCH & EDUCATION FOUNDATION 6300 N RIVER ROAD 700 ROSEMONT IL 60018 366009467 501(C)(3) 125000 SEE PART IV SUPPLEMENTAL INFORMATION ORTHOPEADIC RESEARCH & EDUCATION FOUNDATION 6300 N RIVER ROAD 700 ROSEMONT IL 60018 366009467 501(C)(3) 75000 SEE PART IV SUPPLEMENTAL INFORMATION ORTHOPEADIC RESEARCH & EDUCATION FOUNDATION 6300 N RIVER ROAD 700 ROSEMONT IL 60018 366009467 501(C)(3) 50000 SEE PART IV SUPPLEMENTAL INFORMATION NATIONAL MS SOCIETY 1201 STORY AVENUE 200 LOUISVILLE KY 40206 135661935 501(C)(3) 128000 SEE PART IV SUPPLEMENTAL INFORMATION NATIONAL MS SOCIETY 1201 STORY AVENUE 200 LOUISVILLE KY 40206 135661935 501(C)(3) 122000 SEE PART IV SUPPLEMENTAL INFORMATION 2 PART I, LINE 2: THE ORGANIZATION MEETS REGULARLY WITH REPRESENTATIVES FROM THE GRANT RECIPIENT(S) AND RECEIVES UPDATES AND REPORTS REGARDING EXPENDITURE OF THE FUNDS. PART II, LINE 1, COLUMN (H): NAME OF ORGANIZATION OR GOVERNMENT: ORTHOPEADIC RESEARCH & EDUCATION FOUNDATION (H) MATCHING FUNDS FOR RESEARCH AT UNC CHAPEL HILL TO SUPPORT 3-D TISSUE ENGINEERING FOR OSTEOCHONDRAL GRAFTS NAME OF ORGANIZATION OR GOVERNMENT: ORTHOPEADIC RESEARCH & EDUCATION FOUNDATION (H) MATCHING FUNDS FOR RESEARCH AT USCF FOR NEWLY DISCOVERED MUSCLE STEM CELL TO REPAIR ROTATOR CUFF INJURIES NAME OF ORGANIZATION OR GOVERNMENT: ORTHOPEADIC RESEARCH & EDUCATION FOUNDATION (H) MATCHING FUNDS FOR RESEARCH AT UNIVERSITY OF WISCONSIN USING A COMBINATION STEM CELL AND GENE THERAPY TO PROMOTE AND ENHANCE LIGAMENT REPAIR NAME OF ORGANIZATION OR GOVERNMENT: NATIONAL MS SOCIETY (H) MATCHING FUNDS FOR RESEARCH AT STANFORD UNIVERSITY CONVERTING SKIN CELLS INTO MYELIN-PRODUCING CELLS FOR THE TREATMENT OF CHILDREN WITH HEREDITARY DYSMYELINATION (PMD) NAME OF ORGANIZATION OR GOVERNMENT: NATIONAL MS SOCIETY (H) MATCHING FUNDS FOR RESEARCH AT UNIFORMED SERVICES UNIVERSITY OF THE HEALTH SCIENCES TO ENHANCE MYELIN REGENERATION BY TARGETING NATURALLY OCCURRING CELLS IN THE CENTRAL NERVOUS SYSTEM FORM 990, PART VI, SECTION A, LINE 2 PAULA GRISANTI, CHAIRMAN OF THE BOARD, AND MICHAEL GRISANTI, DIRECTOR, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS CONTRACTED ITS FINANCIAL MANAGEMENT OVERSIGHT TO AN OUTSIDE CHIEF FINANCIAL OFFICER AND ITS DAY TO DAY FINANCIAL DUTIES TO A CONTROLLER. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 WAS PREPARED BY OUTSIDE ACCOUNTING FIRM AND REVIEWED IN DETAIL BY CONTRACT CFO, CONTRACT CONTROLLER AND BOARD CHAIR. A COPY WAS THEN SENT TO EACH BOARD MEMBER FOR THEIR REVIEW BEFORE THE FORM 990 WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C EVERY PROPOSED TRANSACTION IS REVIEWED TO DETERMINE WHETHER A POSSIBLE CONFLICT COULD EXIST. TO DATE NO POTENTIAL CONFLICTS HAVE BEEN IDENTIFIED. FORM 990, PART VI, SECTION B, LINE 15 POLICY HAS BEEN ADOPTED; DURING 2014 THE BOARD DETERMINED THAT IT WAS APPROPRIATE TO PAY THE CHAIR/CEO A SALARY BEGINNING 7/1/2014. AN OUTSIDE CONSULTING FIRM WAS HIRED TO DETERMINE AN APPROPRIATE SALARY RANGE FOR THE POSITION. SALARY WAS ACCRUED AS OF 12/31/2014 BUT WAS NOT PAID UNTIL MAY 2015. CONTRACTED CFO AND CONTRACTED CONTROLLER ARE PAID ON AN HOURLY BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE ORGANIZATION'S BOARD OF DIRECTORS CONTINUE TO SELECT THE INDEPENDENT ACCOUNTANT. THE COMMITTEE CONTINUES TO MEET WITH THE INDEPENDENT AUDITOR AT THE CONCLUSION OF THE ANNUAL AUDIT.