2014-11-04T14:44:13-06:00 2013-12-31 464001827 SAXBST LLP 26 COMPUTER DRIVE WEST ALBANY NY 12205 990 2013-01-01 141401413 TRUDEAU INSTITUTE INC TRUD 5188913080 154 ALGONQUIN AVE SARANAC LAKE NY 12983 RONALD GOLDFARB PRESIDENT, DIRECTOR, AND CEO 5188913080 2014-10-30 1 JOHN J SCULLY P01062131 5184596700 2013 2015-11-30 17:44:51Z X RONALD GOLDFARB 154 ALGONQUIN AVENUE SARANAC LAKE NY 12983 11125550 0 X WWW.TRUDEAUINSTITUTE.ORG X 1889 NY TO UNDERSTAND THE BODY'S IMMUNE SYSTEM BY CONDUCTING EXPERIMENTAL STUDIES AT THE FRONTIER OF KNOWLEDGE. THAT UNDERSTANDING IS VITAL TO PROGRESS IN STRENGTHENING OUR BODIES' ABILITY TO FIGHT LIFE-THREATENING INFECTIONS, INFLAMMATORY DISEASES, AND CANCER. DISCOVERIES ABOUT THE INTRICATE WORKINGS OF THE IMMUNE SYSTEM APPLY NOT TO JUST A SINGLE DISEASE BUT TO A VAST ARRAY OF HUMAN AFFLICTIONS, THE LIST OF DISEASES CRITICALLY INVOLVING THE IMMUNE SYSTEM IS EXTENSIVE - TUBERCULOSIS, INFLUENZA, ARTHRITIS, ASTHMA, SEPSIS, COLITIS, MULTIPLE SCLEROSIS AMONG MANY OTHERS, AND INCLUDES CANCER. PROGRESS TOWARD FIGHTING THESE DISEASES AND FINDING CURES FOR THEM REQUIRES AN IN-DEPTH UNDERSTANDING OF THE WORKINGS OF THE IMMUNE SYSTEM. SCIENTISTS AT THE TRUDEAU INSTITUTE FOCUS EXCLUSIVELY ON UNDERSTANDING THE ROLES OF THE IMMUNE SYSTEM IN HEALTH AND DISEASE. 18 17 101 0 0 0 4777479 5046185 0 0 1216540 586564 41872 -860 6035891 5631889 0 0 0 0 6255701 5727292 95600 50400 157269 5686135 5691587 12037436 11469279 -6001545 -5837390 44001995 40104114 7905728 7962381 36096267 32141733 X TRUDEAU INSTITUTE'S MISSION IS TO UNDERSTAND THE BODY'S IMMUNE SYSTEM BY CONDUCTING EXPERIMENTAL STUDIES AT THE FRONTIERS OF KNOWLEDGE. THAT UNDERSTANDING IS VITAL TO PROGRESS IN STRENGTHENING OUR BODIES' ABILITY TO FIGHT LIFE-THREATENING INFECTIONS, IMFLAMMATORY DISEASES, AND CANCER. DISCOVERIES ABOUT THE INTRICATE WORKINGS OF THE IMMUNE SYSTEM APPLY NOT TO JUST A SINGLE DISEASE BUT TO A VAST ARRAY OF HUMAN AFFLICTIONS. THE LIST OF DISEASES CRITICALLY INVOLVING THE IMMUNE SYSTEM IS EXTENSIVE: TUBERCULOSIS, INFLUENZA, ARTHRITIS, ASTHMA, SEPSIS, COLITIS, MULTIPLE SCLEROSIS AMONG MANY OTHERS, INCLUDING CANCER. PROGRESS TOWARD FIGHTING THESE DISEASES AND FINDING CURES FOR THEM REQUIRES AN IN-DEPTH UNDERSTANDING OF THE WORKINGS OF THE IMMUNE SYSTEM. SCIENTISTS AT THE TRUDEAU INSTITUTE FOCUS EXCLUSIVELY ON UNDERSTANDING THE ROLES OF THE IMMUNE SYSTEM IN HEALTH AND DISEASE. 0 0 6446755 163689 THE TRUDEAU INSTITUTE IS A WORLD-RENOWNED LEADER IN THE EFFORT TO BETTER UNDERSTAND THE IMMUNE SYSTEM FOR THE PURPOSE OF PREVENTING AND TREATING HUMAN DISEASES. OUR EXPERTISE AND ENTHUSIASM FOR MODELING INFECTION, IMMUNITY, VACCINATION, INFLAMMATION, AND SEPSIS HAVE LED TO MANY PIONEERING DISCOVERIES. MOUSE MODELS CURRENTLY STUDIED AT THE INSTITUTE INCLUDE INFLUENZA, PARAINFLUENZA, INFLUENZA-ASSOCIATED BACTERIAL PNEUMONIA, BACTERIAL SEPSIS, PHEUMONIC PLAGUE, TUBERCULOSIS, TOXOPLASMOSIS, AND CHRONIC HERPESVIRUS INFECTION. IN 2013, THE TRUDEAU INSTITUTE CONTINUED ITS RESEARCH IN THE AREAS OF IMMUNOLOGY AND INFECTIOUS DISEASE. THE RESEARCH PROGRAMS WERE SUPPORTED BY GRANTS FROM THE NATIONAL INSTITUTE OF HEALTH AND SEVERAL SUBCONTRACTS THROUGH UNIVERSITIES AND FROM FOUNDATIONS. THE TRUDEAU RESEARCH STAFF PUBLISHED EIGHTEEN (18) ARTICLES IN (12) LEADING JOURNALS SUCH AS, JOURNAL IMMUNOLOGY, NATURE IMMUNOLOGY, AND MUCOSAL IMMUNOLOGY. 6446755 1 1 0 1 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 22 0 1 101 1 0 0 0 0 0 0 0 0 X 18 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X BRIAN G PELKEY 5188913080 154 ALGONQUIN AVE SARANAC LAKE NY 12983 BENJAMIN BREWSTER CO-CHAIR OF DEVELOPMENT COMMITTEE 2.00 X 0 0 0 PATRICIA TSIEN CHAIRWOMAN OF THE BOARD 4.00 X 0 0 0 RONALD H GOLDFARB PRESIDENT, DIRECTOR AND CEO 40.00 X X 308539 0 29271 JULIE NORTH TRUSTEE 1.00 X 0 0 0 ROBERT A CURTIS VICE-CHAIRPERSON OF THE BOARD 4.00 X 0 0 0 DOROTHY S FEDERMAN TRUSTEE 1.00 X 0 0 0 VINCENT A FISCHETTI CHAIRMAN OF THE COMPENSATI 2.00 X 0 0 0 RAYMOND N JOHNSON CHAIRMAN OF FINANCE COMMITTEE 2.00 X 0 0 0 DANIEL LEFF CHAIRMAN OF AUDIT COMMITTEE 2.00 X 0 0 0 DAVID BEACH TRUSTEE 2.00 X 0 0 0 DIANA BOURKE CHAIRWOMAN OF THE GOVERNANCE COMMITTEE 2.00 X 0 0 0 LINDA F POWERS CHAIRWOMAN OF THE TECHNOLOGY TRANSFER COMMITTEE 2.00 X 0 0 0 MARCENE SONNEBORN TRUSTEE 1.00 X 0 0 0 URSULA W TRUDEAU TRUSTEE 1.00 X 0 0 0 HELEN BAUMEISTER CHAIRWOMAN OF THE GOVERNANCE COMMITTEE 2.00 X 0 0 0 JOSEPH FERNADEZ TRUSTEE 1.00 X 0 0 0 ELIZABETH LOWE CO-CHAIR OF DEVELOPMENT COMMITTEE 2.00 X 0 0 0 TIELMAN TREVOR VAN VLECK TRUSTEE 1.00 X 0 0 0 LAWRENCE JOHNSON VICE-PRESIDENT, COO & SECRETARY 40.00 X 121695 0 9561 ANDREA COOPER FACULTY 40.00 X 130348 0 21900 STEPHEN SMILEY FACULTY, DIRECTOR OF CORPORATE RELATIONS 40.00 X 107976 0 16755 MARCIA BLACKMAN FACULTY 40.00 X 124026 0 10299 MARKUS MOHRS FACULTY 40.00 X 123731 0 22092 916315 0 109878 6 0 1 0 0 22626 4224075 799484 5046185 389086 389086 12030 12030 125914 159703 -33789 -33789 -33789 5152936 378500 5231038 102920 -78102 275580 197478 197478 OTHER REVENUE 900099 15087 15087 YIN AND YANG CONFERENCE FEES 900099 3700 3700 CLASS LITIGATION SETTLEMENT PROCE 900001 1990 1990 122 122 20899 5631889 163689 0 422015 743997 90239 653758 3908091 1761075 2105415 41601 216797 97410 116891 2496 581551 183704 387564 10283 276856 118994 155076 2786 202281 173981 28300 26932 26932 52454 52454 590 50 540 50400 50400 26280 26280 161585 161085 500 98811 95557 3254 21224 21224 1153561 1153561 49982 37691 12291 52235 39950 12285 95718 95718 1634445 849912 784533 157113 157113 LABORATORY SUPPLIES 770652 580937 189715 PURCHASE TECHNICAL SERV 601722 1316409 -718567 3880 FACILITY REPAIRS & MAIN 553981 553981 ALL OTHER EXPENSES 32021 9687 21396 938 1398438 -1398438 11469279 6446755 4865255 157269 402600 394662 344433 1401663 15965 20816 388984 253276 117302 84168 44335130 22237529 23570410 22097601 19053221 15732039 109080 119889 44001995 40104114 500146 396022 210582 1316359 4845000 4250000 2175000 1875000 175000 125000 7905728 7962381 X 27523325 23126823 2372025 2603005 6200917 6411905 36096267 32141733 44001995 40104114 -5837390 1882856 0 X X 0 1 X 1 1 1 X 13822962 14717627 10591636 4777480 5091437 49001142 13822962 14717627 10591636 4777480 5091437 49001142 49001142 677812 480561 481029 464599 241052 2345053 139772 143579 121863 101203 180963 687380 52033575 0.94170 0.94240 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 4159 0 1 590 4749 0 PART II-B, LINE 1: (1) TRUDEAU INSTITUTE IS A MEMBER OF THE ASSOCIATION OF INDEPENDENT RESEARCH INSTITUTES (AIRI), WHICH IS A NATIONWIDE ASSOCIATION OF APPROXIMATELY 81 INDEPENDENT, NOT-FOR-PROFIT RESEARCH INSTITUTES. FIFTEEN PERCENT OF THE ANNUAL MEMBERSHIP DUES ARE APPLIED TO AIRI LOBBYING EXPENSES. AIRI'S POLITICAL EFFORTS CONTINUE TO ADDRESS ISSUES RELATED TO CONGRESSIONAL DECISIONS IN REGARD TO FUNDING OF THE NATIONAL INSTITUTE OF HEALTH. 15401231 1822198 5353088 1280 11869061 19393009 2017862 6002991 6649 15401231 24505643 -663020 4430000 19614 19393009 24848020 3219248 3545548 16077 24505643 24129050 5170366 4428870 22526 24848020 1 0 132063 132063 30164439 10622912 19541527 409158 380149 29009 13629470 11234468 2395002 22097601 FUNDS HELD IN TRUST 3862978 F ENDOWMENT - MONEY MARKET FUNDS 660667 F ENDOWMENT - EQUITY FUNDS 7208453 F ENDOWMENT - FIXED INCOME MUTUAL FUNDS 2006258 F ENDOWMENT - ALTERNATIVE INVESTMENTS 1993683 F 15732039 X 7674448 1882856 159703 2042559 5631889 0 5631889 11628982 159703 159703 11469279 0 11469279 PART V, LINE 4: THE TRUDEAU INSTITUTE ENDOWMENT CONSISTS OF THREE FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, WHICH CONTINUES TO SUPPORT THE MAIN OBJECTIVE AND MISSION OF CONDUCTING BIOMEDICAL RESEARCH. THE TERM ENDOWMENT ARE THOSES ASSETS NOT SUBJECT TO DONOR-IMPOSED STIPULATIONS, WHICH MAY BE DESIGNATED FOR SPECIFIC PURPOSE BY ELECTION OF THE BOARD OF TRUSTEES. THE BOARD DESIGNATED (QUASI) ENDOWMENT PROVIDES EARNED INCOME IN SUPPORT OF THE INSTITUTE DIRECTOR. INCOME EARNED IN EXCESS OF THE STATED PURPOSE IS AVAILABLE FOR GENERAL OPERATIONS. THE PERMANENTLY RESTRICTED ENDOWMENT IS TO BE MAINTAINED IN PERPETUITY TO GENERATE INCOME FOR THE INSTITUTES OPERATIONAL NEEDS. PART X, LINE 2: THE INSTITUTE FILES A FORM 990 ANNUALLY WITH THE INTERNAL REVENUE SERVICE. WHEN ANNUAL RETURNS ARE FILED, SOME TAX POSITIONS TAKEN ARE HIGHLY CERTAIN TO BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHER TAX POSITIONS ARE SUBJECT TO UNCERTAINTY ABOUT THE TECHNICAL MERITS OF THE POSITION OR AMOUNT OF POSITION'S TAX BENEFIT THAT WOULD ULTIMATELY BE SUSTAINED. MANAGEMENT EVALUATED THE INSTITUTE'S TAX POSITIONS, INCLUDING INTEREST AND PENALTIES ATTRIBUTABLE THERETO, AND CONCLUDED THAT THE INSTITUTE HAD TAKEN NO TAX POSITIONS THAT REQUIRED ADJUSTMENTS IN ITS FINANCIAL STATEMENTS AS OF DECEMBER 31, 2013 AND 2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 159,703. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 159,703. X X X 1 JILL ELISOFON 1901 S FLAGER ST WEST PALM FL 33401 0 0 50400 -50400 50400 -50400 NY SCHEDULE G, PART I, LINE 2B, COLUMN (V) TRUDEAU INSTITUTE ENGAGED CONSULTANT FOR ADVICE, REPRESENTATION, MANAGEMENT, AND IMPLEMENTATION OF FUNDRAISING ACTIVITIES. X X X X 0 0 0 0 0 0 0 0 0 RONALD H GOLDFARB PRESIDENT, DIRECTOR AND CEO 308539 0 0 0 0 0 18000 0 11271 0 337810 0 0 0 ANDREA COOPER FACULTY 130348 0 0 0 0 0 8163 0 13737 0 152248 0 0 0 STEPHEN SMILEY FACULTY, DIRECTOR OF CORPORATE RELAT 107976 0 0 0 0 0 7455 0 9300 0 124731 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 UPON REVIEW OF THE IRS FORM 990 BY THE PRESIDENT, DIRECTOR AND CEO,CHIEF OPERATING OFFICER, THE CONTROLLER, AND THE AUDIT COMMITTEE, THE FORM 990 IS THEN FORWARDED TO ALL MEMBERS OF THE BOARD OF TRUSTEES AND OFFICIALLY FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE OFFICERS, DIRECTORS, AND MEMBERS OF THE BOARD OF TRUSTEES RECEIVE A COPY OF THE TRUDEAU INSTITUTE CONFLICT OF INTEREST POLICY. EACH PERSON IS REQUIRED TO SUBMIT A SIGNED CERTIFICATION THAT THEY WILL READ, UNDERSTAND, AND AGREE TO COMPLY WITH THE POLICY. IF THERE IS A DISCLOSURE, THE BOARD OF TRUSTEES WILL ASCERTAIN THE VALIDITY OF THE POTENTIAL CONFLICT AND FOLLOW POLICY FOR COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE DIRECTOR, CHIEF OPERATING OFFICER, AND CHIEF FINANCIAL OFFICER IS REVIEWED ANNUALLY AGAINST THE AIRI INSTITUTE ANNUAL SALARY SURVEY TO MAKE SURE SALARIES ARE IN LINE. THE PROCESS INCLUDES THE USE OF COMPARABLE COMPENSATION FOR THE SAME POSITION IN SIMILAR ORGANIZATIONS, WITH REVIEW AND APPROVAL BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE PROCESS FOR DETERMINING COMPENSATION FOR ALL OFFICERS IS COMPLETED ANNUALLY. DETERMINATION IS BASED UPON BENCHMARK DATA FROM SIMILAR ORGANIZATIONS AND REQUIRES REVIEW AND APPROVAL BY THE DIRECTOR AND THE BOARD OF TRUSTEES COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 18 TRUDEAU INSTITUTE PROVIDES THE PUBLIC DIRECT ACCESS TO THE MOST RECENT AUDITED FINANCIAL STATEMENTS AND FORM 990 THROUGH THE ORGANIZATION'S WEBSITE. THE FINANCIAL STATEMENTS ARE ALSO PROVIDED TO ALL REGUALTORY AGENCIES, THE FEDERAL AND STATE GOVERNMENTS AND UPON REQUEST FROM VARIOUS INTERESTED PARTIES. FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND INSTITUTE POLICIES ARE IN THE CARE OF THE TREASURER AND SECRETARY AND ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 TRUDEAU INSTITUTE PROVIDES THE PUBLIC DIRECT ACCESS TO THE MOST RECENT AUDITED FINANCIAL STATEMENTS THROUGH THE ORGANIZATION'S WEBSITE. THE FINANCIAL STATEMENTS ARE ALSO PROVIDED TO ALL REGULATORY AGENCIES, THE FEDERAL AND STATE GOVERNMENTS AND UPON REQUEST FROM VARIOUS INTERESTED PARTIES. FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND INSTITUTE POLICIES ARE IN THE CARE OF THE TREASURER AND SECRETARY AND ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS OF REVIEWING THE FORM 990 HAS CHANGED FROM THE PRIOR YEAR. THE AUDIT COMMITTEE AND THE BOARD ARE PROVIDED FORM 990 BEFORE ITS FILING. THEY CAN MAKE CHANGES IF NEEDED. MANAGEMENT REVIEWS THE 990 AND DOES SUGGEST CHANGES. UPON THEIR APPROVAL, THE FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE. 990, PART VI, SECTION A, LINE 1A AND B THE 990 IS BEING AMENDED TO PROPERLY REFLECT THE NUMBER OF VOTING MEMBERS AND INDEPENDENT VOTING MEMBERS OF THE GOVERNING BODY. ALSO, STEPHEN SMILEY WAS CHANGED FROM A KEY EMPLOYEE TO A HIGHLY COMPENSATED EMPLOYEE.