2013-11-14T09:51:59-06:00 2012-12-31 ERNST & YOUNG US LLP 111 MONUMENT CIRCLE INDIANAPOLIS IN 46204 990 2012-01-01 136271888 The Mount Sinai Medical Center % STEPHEN HARVEY MOUN 2127313413 One Gustave L Levy Place Suite New York NY 10029 STEPHEN HARVEY 2013-11-13 3176817000 2012 2016-02-25 16:41:14Z STEPHEN HARVEY ONE GUSTAVE L LEVY PLACE NEW YORK NY 100296574 0 false X n/a X 1967 NY THE MEDICAL CENTER SUPERVISES AND COORDINATES POLICIES AND FUND-RAISING ACTIVITIES FOR THE MOUNT SINAI HOSPITAL AND ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI. 46 38 0 0 -1019495 -1019495 0 0 0 0 0 0 0 -1019495 0 -1019495 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -1019495 17006095 16796132 2042890 1832927 14963205 14963205 PROVIDE FUNDRAISING AND SUPPORT TO THE ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI AND THE MOUNT SINAI HOSPITAL. false false 0 0 0 THE MEDICAL CENTER MAINTAINS INVESTMENTS IN A POOLED INVESTMENT PORTFOLIO FOR THE BENEFIT OF ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, THE MOUNT SINAI HOSPITAL, MOUNT SINAI AUXILIARY BOARD, AS WELL AS THE MEDICAL CENTER. THESE PERMANENTLY RESTRICTED ASSETS ARE HELD IN PERPETUITY, BUT THE INCOME DERIVED FROM THESE ASSETS CAN BE USED OR EXPENDED, IN PART OR IN ENTIRETY, FOR EITHER SPECIFIED (GENERALLY, THE SCHOOL) OR UNSPECIFIED PURPOSES. 0 true false false false false false false false false true false true false false true false true false false false true false false false false false false false false true false false false false false false true true false false false false false true true true false false true 0 0 0 false false false false false false false false false false X 46 38 true false false false false false false true true false false true true true true true true false false false NY X STEPHEN HARVEY 2127313413 633 3RD AVENUE 10TH FLOOR - BOX 45 new york NY 10017 ANDREW M ALPER 2.0 0.0 X 0 0 0 GLENN R AUGUST 2.0 0.0 X 0 0 0 JEFF T BLAU 2.0 0.0 X 0 0 0 THOMAS R BLOCK 1.0 4.0 X X 0 0 0 ANDREW BORROK 2.0 0.0 X 0 0 0 CHRISTOPHER W BRODY 1.0 2.0 X 0 0 0 GERALD J CARDINALE 2.0 0.0 X 0 0 0 JAMES W CRYSTAL 1.0 8.0 X X 0 0 0 DR BONNIE M DAVIS 2.0 0.0 X 0 0 0 JOEL S EHRENKRANZ 1.0 8.0 X X 0 0 0 BLAINE V FOGG 1.0 5.0 X 0 0 0 SONIA E GARDNER 2.0 0.0 X 0 0 0 DONALD J GOGEL 1.0 8.0 X X 0 0 CLIFFORD H GOLDSMITH 1.0 7.0 X 0 0 0 JUDAH GRIBETZ 1.0 2.0 X 0 0 0 GEORGE J GRUMBACH JR 1.0 2.0 X 0 0 0 CARLA HARRIS 2.0 0.0 X 0 0 0 JOSHUA J HARRIS 2.0 0.0 X 0 0 0 ANDREW D HEINEMAN 1.0 4.0 X 0 0 0 GAIL GOLDEN ICAHN 1.0 2.0 X 0 0 0 ELLEN KATZ 1.0 8.0 X X 0 0 0 MICHAEL KLEIN 2.0 0.0 X 0 0 0 FREDERICK KLINGENSTEIN 1.0 8.0 X X 0 0 0 HENRY R KRAVIS 1.0 8.0 X X 0 0 0 ERIC S LANE 2.0 0.0 X 0 0 0 JOHN A LEVIN 1.0 8.0 X X 0 0 0 MARC S LIPSCHULTZ 2.0 0.0 X 0 0 0 DANIEL S LOEB 2.0 0.0 X 0 0 0 PETER W MAY 1.0 8.0 X X 0 0 0 MICHAEL MINIKES 1.0 10.0 X X 0 0 0 NEIL S MITCHELL 2.0 0.0 X 0 0 0 JOSHUA NASH 2.0 0.0 X 0 0 0 BERNARD W NUSSBAUM 1.0 4.0 X 0 0 0 PETER R ORSZAG 2.0 0.0 X 0 0 0 JOSEPH J PLUMERI 2.0 0.0 X 0 0 0 RICHARD RAVITCH 1.0 8.0 X X 0 0 0 JUDITH O RUBIN 1.0 4.0 X 0 0 0 HON ROBERT E RUBIN 1.0 8.0 X X 0 0 0 ERIC M RUTTENBERG 1.0 4.0 X 0 0 0 ANDREW M SAUL 1.0 8.0 X X 0 0 0 JOSEPH C SHENKER 2.0 0.0 X 0 0 0 THOMAS W STRAUSS 1.0 8.0 X X 0 0 0 ERIC WALDMAN 2.0 0.0 X 0 0 0 CHRISTOPHER J WILLIAMS 2.0 0.0 X 0 0 0 DAVID WINDREICH 2.0 0.0 X 0 0 0 DAVID M ZASLAV 2.0 0.0 X 0 0 0 KENNETH DAVIS MD 1 1.0 54.0 X 0 3199822 57450 DENNIS CHARNEY MD12 1.0 54.0 X 0 1483812 41835 BURTON DRAYER MD12 1.0 54.0 X 0 1338924 37957 WAYNE KEATHLEY 1 1.0 54.0 X 0 1343848 50120 DONALD T SCANLON 1 1.0 54.0 X 0 1572064 52084 JEFFREY SILBERSTEIN 1 1.0 54.0 X 0 1028294 41572 KUMAR CHATANI 1 1.0 54.0 X 0 869324 24547 STEPHEN HARVEY 1 1.0 54.0 X 0 707935 69424 DOUGLAS JABS MD 1 1.0 54.0 X 0 864186 45591 CONNIE C KLEPPER 1 1.0 54.0 X 0 705112 40926 MARK KOSTEGAN FAHP 1 1.0 54.0 X 0 827340 43526 JANE MAKSOUD 1 1.0 54.0 X 0 734564 57157 IRA S NASH MD 1 1.0 54.0 X 0 228585 30092 MICHAEL PASTIER 1 1.0 54.0 X 0 710347 65411 MARGARET PASTUSZKO 1 1.0 54.0 X 0 664698 49668 SCOTT PITTMAN 1 1.0 54.0 X 0 570604 50371 FRANK CINO MS CPA 1 1.0 54.0 X 0 447158 46018 JANE WHITNEY 1 1.0 54.0 X 0 351480 39807 ELANA ABRAHAM 1 1.0 54.0 X 0 242660 49393 MICHAEL MACDONALDESQ 1 1.0 54.0 X 0 961554 61658 ALFRED R STERN 1.0 8.0 X 0 0 0 JAMES S TISCH 1.0 8.0 X 0 0 0 GLENN DUBIN 1.0 8.0 X 0 0 0 ERIC MINDICH 1.0 8.0 X 0 0 0 0 18852311 954607 0 false true false 0 0 0 0 0 0 0 0 0 0 0 0 0 8 EAST 102ND STREET MANAGER LLC 525990 -1019495 -1019495 -1019495 -1019495 0 -1019495 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 14712977 1798433 2293118 14997699 0 0 0 0 0 0 17006095 16796132 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2042890 1832927 2042890 1832927 X 0 0 0 0 14963205 14963205 14963205 14963205 17006095 16796132 X -1019495 1019495 X false true X true false X X X X false false false ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI 136171197 02 true 0 THE MOUNT SINAI HOSPITAL 131624096 03 true 0 2 0 14963205 14963205 14963205 14963205 14963205 14963205 14963205 14963205 14693205 14693205 0.00000 1.00000 0.00000 false false HEDGE FUNDS 12054283 F PRIVATE EQUITY 2943416 F 14997699 0 DUE TO ISMMS 1832927 1832927 -1019495 -1019495 -1019495 PART V, LINE 4 THE MEDICAL CENTER'S ENDOWMENT FUNDS' INTENDED USE IS TO GENERATE INCOME FOR THE BENEFIT OF ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI AND/OR THE MOUNT SINAI HOSPITAL PER THE MEDICAL CENTER'S MISSION. PART XI, LINE 4B LOSS FROM 8 EAST 102ND STREET MANAGER LLC $1,019,495 Central America and the Caribbean Investments 7752000 7752000 7752000 false false false false false false SCHEDULE F, PARTS I & IV PLEASE NOTE THAT THE INVESTMENT ACTIVITIES LISTED IN PART I ARE ALLOCATED TO AGREE TO THE AUDITED FINANCIAL STATEMENT REPORTING AS POOLED INVESTMENTS WHILE PART IV REPORTS ON FOREIGN FILINGS FILED BY THE RESPECTIVE ORGANIZATION. false false false false false false false false false KENNETH DAVIS MD 1 0 1471000 0 1500000 0 228822 0 25000 0 32450 0 3257272 0 0 DENNIS CHARNEY MD12 0 725000 0 408722 0 350090 0 25000 0 16835 0 1525647 0 0 BURTON DRAYER MD12 0 212097 0 250000 0 876827 0 21210 0 16747 0 1376881 0 0 WAYNE KEATHLEY 1 0 806000 0 400000 0 137848 0 25000 0 25120 0 1393968 0 0 DONALD T SCANLON 1 0 792000 0 650000 0 130064 0 25000 0 27084 0 1624148 0 0 JEFFREY SILBERSTEIN 1 0 684000 0 256738 0 87556 0 25000 0 16572 0 1069866 0 0 KUMAR CHATANI 1 0 450000 0 270417 0 148907 0 7500 0 17047 0 893871 0 0 STEPHEN HARVEY 1 0 456000 0 200000 0 51935 0 25000 0 44424 0 777359 0 0 DOUGLAS JABS MD 1 0 212097 0 154361 0 497728 0 21210 0 24381 0 909777 0 0 CONNIE C KLEPPER 1 0 426000 0 242734 0 36378 0 20000 0 20926 0 746038 0 0 MARK KOSTEGAN FAHP 1 0 500000 0 210019 0 117321 0 25000 0 18526 0 870866 0 0 JANE MAKSOUD 1 0 508000 0 160000 0 66564 0 25000 0 32157 0 791721 0 0 IRA S NASH MD 1 0 169743 0 0 0 58842 0 18618 0 11474 0 258677 0 0 MICHAEL PASTIER 1 0 508000 0 145698 0 56649 0 25000 0 40411 0 775758 0 0 MARGARET PASTUSZKO 1 0 433750 0 230000 0 948 0 20000 0 29668 0 714366 0 0 SCOTT PITTMAN 1 0 550000 0 0 0 20604 0 25000 0 25371 0 620975 0 0 FRANK CINO MS CPA 1 0 325500 0 97000 0 24658 0 20000 0 26018 0 493176 0 0 JANE WHITNEY 1 0 309000 0 37594 0 4886 0 20000 0 19807 0 391287 0 0 ELANA ABRAHAM 1 0 233248 0 7500 0 1912 0 19934 0 29459 0 292053 0 0 MICHAEL MACDONALDESQ 1 0 581000 0 142618 0 237936 0 20000 0 41658 0 1023212 0 0 Part VII, Section A & Schedule J Compensation Footnotes Officer of the Boards of Trustees hours reflect service to either/or, or all, The Mount Sinai Hospital, Icahn School of Medicine at Mount Sinai, The Mount Sinai Medical Center, Inc. and all related entities. (1) Compensation and benefits are funded from The Mount Sinai Hospital and/or Icahn School of Medicine at Mount Sinai. (2) Employee has an outstanding loan reflected in Schedule L, Part II of Icahn School of Medicine at Mount Sinai's Form 990. HESS CORPORATION JOHN HESS, TRUSTEE 20525024 SEE Part V false XO COMMUNICATIONS CARL ICAHN, TRUSTEE 865613 SEE Part V false DR CAROLYN SICHER SUSAN CULLMAN, TRUSTEE 28928 SEE Part V false DR ELISSA GRETZ FRIEDMAN Robert Friedman, trustee 15058 SEE Part V false DR IRWIN GRIBETZ Judah Gribetz, trustee 72720 SEE Part V false KIMBERLY HARRISON CLIFFORD GOLDSMITH TRUST 106119 SEE Part V false US FOODS GOGEL & KRAVIS TRUSTEES 826420 SEE Part V false OCH ZIFF CAPITAL MANAGEMENT DAVID WINDREICH, TRUSTEE 3392610 SEE Part V false KAREN KOSTEGAN MARK KOSTEGAN, OFFICER 41519 SEE Part V false ETHYLIN WANE JABS DOUGLAS JABS, officer 190464 SEE Part V false BRIAN SCANLON DONALD SCANLON, officer 53981 SEE Part V false GARY B DAVIS DR. KENNETH DAVIS,OFFICER 147725 SEE Part V false AVENUE CAPITAL GARDNER & LARSKY,TRUSTEES 230295 SEE PART V false RELATED MANAGEMENT COMPANY LP JEFF BLAU, TRUSTEE 2029382 SEE PART V false MARGARET RUTTENBERG ERIC RUTTENBERG, TRUSTEE 23773 SEE PART V false SCHEDULE L, PART IV, COLUMN D BUSINESS TRANSACTIONS INVOLVING INTERESTED PARTIES NAME OF INTERESTED PERSON: HESS CORPORATION: FOLLOWING AN OBJECTIVE, COMPETITIVE MULTI-PARTY BIDDING PROCESS (IN WHICH MR. HESS WAS UNINVOLVED), THE ORGANIZATION PURCHASED NATURAL GAS AND FUEL OIL FROM HESS CORPORATION. MR. HESS IS CHIEF EXECUTIVE OFFICER OF, AND HAS A FINANCIAL INTEREST IN, HESS CORPORATION AND REMAINS UNINVOLVED IN THE ORGANIZATION'S DECISIONS RELATED TO HESS CORPORATION. NAME OF INTERESTED PERSON: XO COMMUNICATIONS: FOLLOWING AN EXTENSIVE RFP AND A MULTI-PARTY COMPETITIVE BIDDING PROCESS, AS WELL AS A REVIEW BY A SPECIAL BOARD COMMITTEE (WHICH DID NOT INCLUDE MR. ICAHN) OF THE ENGAGEMENT PROCESS, THE ORGANIZATION PURCHASED COMMUNICATIONS SERVICES FROM XO COMMUNICATIONS. MR. ICAHN IS A GREATER-THAN-35% OWNER OF XO COMMUNICATIONS. MR. ICAHN REMAINS UNINVOLVED IN THE ORGANIZATION'S DECISIONS RELATED TO XO COMMUNICATIONS. NAME OF INTERESTED PERSON: CAROLYN SICHER: TRUSTEE SUSAN CULLMAN'S DAUGHTER IS EMPLOYED BY THE ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI. MS. CULLMAN HAS NO INVOLVEMENT IN DECISIONS RELATED TO HER EMPLOYMENT. NAME OF INTERESTED PERSON: ELISSA GRETZ FRIEDMAN: TRUSTEE ROBERT FRIEDMAN'S WIFE IS EMPLOYED BY THE ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI. MR. FRIEDMAN HAS NO INVOLVEMENT IN DECISIONS RELATED TO HIS WIFE'S EMPLOYMENT. NAME OF INTERESTED PERSON: IRWIN GRIBETZ: TRUSTEE JUDAH GRIBETZ'S BROTHER IS EMPLOYED BY THE ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI. MR. GRIBETZ HAS NO INVOLVEMENT IN DECISIONS RELATED TO HIS BROTHER'S EMPLOYMENT. NAME OF INTERESTED PERSON: KIMBERLY HARRISON: TRUSTEE CLIFFORD GOLDSMITH'S GRANDDAUGHTER IS EMPLOYED BY THE ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI. MR. GOLDSMITH HAS NO INVOLVEMENT IN DECISIONS RELATED TO HIS GRANDDAUGHTER'S EMPLOYMENT. NAME OF INTERESTED PERSON: US FOODS: MOUNT SINAI PURCHASES A PORTION OF ITS FOOD FROM US FOODS. ALL SUCH PURCHASES ARE MADE UNDER A GROUP PURCHASING ORGANIZATION (GPO) ARRANGEMENT THAT HAS BEEN NEGOTIATED WITH US FOODS. THESE GPO PRICES ARE AVAILABLE TO MOUNT SINAI AND ALL OTHER MEMBERS OF THE LOCAL HEALTHCARE ASSOCIATION. MR. GOGEL AND MR. KRAVIS ARE CEOS OF FIRMS THAT ARE INDIRECTLY A GREATER-THAN-35% OWNER OF US FOODS. NEITHER MR. GOGEL NOR MR. KRAVIS WERE INVOLVED IN DECISIONS RELATED TO THE ORGANIZATION'S PURCHASES FROM U.S. FOODS. NAME OF INTERESTED PERSON: OCH ZIFF CAPITAL MANAGEMENT: MR. WINDREICH IS A DIRECTOR OF OCH ZIFF CAPITAL MANAGEMENT ("OCH ZIFF"), WHICH MANAGES INVESTMENT CAPITAL FOR THE ORGANIZATION. MR. WINDREICH HAS NO INVOLVEMENT IN THE ORGANIZATION'S INVESTMENT DECISIONS OR ITS INVOLVEMENT WITH OCH ZIFF. THE FEES CHARGED BY OCH ZIFF TO THE ORGANIZATION ARE IN LINE WITH INDUSTRY STANDARDS AND ARE THE SAME AS THE FEES CHARGED TO OTHER INVESTORS IN THE SAME FUND. NAME OF INTERESTED PERSON: KAREN KOSTEGAN OFFICER MARK KOSTEGAN'S SPOUSE IS AN EMPLOYEE OF THE ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI. MR. KOSTEGAN HAS NO INVOLVEMENT IN DECISIONS RELATED TO HIS WIFE'S EMPLOYMENT. NAME OF INTERESTED PERSON: ETHYLIN WANE JABS: KEY EMPLOYEE DOUGLAS JABS' SPOUSE IS AN EMPLOYEE OF THE ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI. MR. JABS HAS NO INVOLVEMENT IN DECISIONS RELATED TO HIS WIFE'S EMPLOYMENT. NAME OF INTERESTED PERSON: BRIAN SCANLON: OFFICER DONALD SCANLON'S SON IS AN EMPLOYEE OF THE MOUNT SINAI HOSPITAL. MR. SCANLON HAS NO INVOLVEMENT IN DECISIONS RELATED TO HIS SON'S EMPLOYMENT. NAME OF INTERESTED PERSON: GARY B. DAVIS: OFFICER DR. KENNETH DAVIS'S BROTHER IS AN EMPLOYEE OF THE HOSPITAL. DR. DAVIS HAS NO INVOLVEMENT IN DECISIONS RELATED TO HIS BROTHER'S EMPLOYMENT. NAME OF INTERESTED PERSON: AVENUE CAPITAL: TRUSTEES SONIA GARDNER AND MARC LASRY ARE 100% OWNERS OF AVENUE CAPITAL WHICH MANAGED INVESTMENT CAPITAL FOR THE ORGANIZATION DURING CALENDAR YEAR 2012. THE FEES CHARGED BY AVENUE CAPITAL TO THE ORGANIZATION ARE IN LINE WITH INDUSTRY STANDARDS AND ARE THE SAME AS THE FEES CHARGED TO OTHER INVESTORS IN THE SAME FUND. NEITHER MS. GARDNER NOR MR. LASRY WERE INVOLVED IN THE ORGANIZATION'S DECISIONS RELATED TO AVENUE CAPITAL. NAME OF INTERESTED PERSON: RELATED MANAGEMENT COMPANY, L.P.: FOLLOWING AN EXTENSIVE RFP AND A MULTI-PARTY COMPETITIVE BIDDING PROCESS, AS WELL AS A REVIEW BY A SPECIAL BOARD COMMITTEE (WHICH DID NOT INCLUDE MR. BLAU) OF THE ENGAGEMENT PROCESS, THE ORGANIZATION PURCHASED CONSULTING AND MANAGEMENT SERVICES FROM RELATED MANAGEMENT COMPANY, L.P. ("RMC"). MR. BLAU IS A DIRECTOR OF RMC. MR. BLAU REMAINS UNINVOLVED IN THE ORGANIZATION'S DECISIONS REGARDING RELATED MANAGEMENT COMPANY, L.P. NAME OF INTERESTED PERSON: MARGARET RUTTENBERG: TRUSTEE ERIC RUTTENBERG'S SISTER-IN-LAW IS AN EMPLOYEE OF THE ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI. MR. RUTTENBERG HAS NO INVOLVEMENT IN DECISIONS RELATED TO HIS SISTER-IN-LAW'S EMPLOYMENT. *ALL REPORTED AMOUNTS REFLECT AGGREGATE 2012 SPENDING FOR THE MOUNT SINAI HOSPITAL, ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, THE MOUNT SINAI MEDICAL CENTER, INC., AND ALL RELATED ENTITIES AND ORGANIZATIONS. SUPPLEMENTAL INFORMATION SCHEDULE O PART I, LINE 5 NUMBER OF EMPLOYEES ALL EMPLOYEES OF THE MOUNT SINAI HOSPITAL AND ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, INCLUDING THOSE WHO PROVIDE SERVICES AT ELMHURST HOSPITAL CENTER AND QUEENS HOSPITAL CENTER, UTILIZE A COMMON PAYMASTER UNDER THE HOSPITAL'S TAX IDENTIFICATION NUMBER. THE TOTAL NUMBER OF EMPLOYEES REPORTED UNDER THE HOSPITAL TAX IDENTIFICATION NUMBER IS 21,829. THE MEDICAL CENTER DOES NOT HAVE ANY EMPLOYEES AND RECEIVES SERVICES FROM EMPLOYEES OF ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI AND THE MOUNT SINAI HOSPITAL. PART VI, SECTION A, LINE 2 FAMILY/BUSINESS RELATIONSHIPS TRUSTEES LEON BLACK AND JOSHUA HARRIS ARE MANAGING PARTNERS OF THE SAME FIRM. TRUSTEES JAMES CRYSTAL AND JEAN CRYSTAL ARE MARRIED TO EACH OTHER. TRUSTEES CARL ICAHN AND GAIL GOLDEN-ICAHN ARE MARRIED TO EACH OTHER AND MRS. GOLDEN-ICAHN IS AN EMPLOYEE OF AN ORGANIZATION OF WHICH MR. ICAHN IS A DIRECTOR. TRUSTEES EDGAR CULLMAN, JR. AND SUSAN CULLMAN ARE SIBLINGS. TRUSTEE BONNIE DAVIS, M.D. IS MARRIED TO KENNETH DAVIS, M.D., WHO IS PRESIDENT AND CHIEF EXECUTIVE OFFICER OF THE MOUNT SINAI MEDICAL CENTER. TRUSTEES SONIA GARDNER AND MARC LASRY ARE SIBLINGS AND ARE ALSO CO-OWNERS OF THE SAME FIRM. TRUSTEES MICHAEL GROSS AND VICKI GROSS ARE MARRIED TO EACH OTHER. TRUSTEE MARC LIPSCHULTZ IS A MEMBER OF A FIRM OF WHICH TRUSTEE HENRY KRAVIS IS CO-CEO. TRUSTEES JUDITH RUBIN AND HON. ROBERT RUBIN ARE MARRIED TO EACH OTHER. TRUSTEES PETER COHEN AND TOM STRAUSS ARE OFFICERS OF THE SAME FIRM. TRUSTEES DONALD GOGEL AND HENRY KRAVIS ARE CEO'S OF FIRMS THAT ARE EACH INDIRECTLY A GREATER-THAN 35% OWNER OF US FOODS. PART VI, SECTION B, LINE 11A FORM 990 CHANGES TO GOVERNING DOCUMENTS THE SCHOOL'S NAME CHANGE WAS OFFICIALLY APPROVED BY THE UNIVERSITY OF THE STATE OF NEW YORK EDUCATION DEPARTMENT'S BOARD OF REGENTS AT THEIR MEETING OF DECEMBER 11, 2012. THE AMENDED CHARTER REFELECTING THE NAME CHANGE OF MOUNT SINAI SCHOOL OF MEDICINE TO ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI WAS SENT TO THE IRS AND PROCESSED AND APPROVED BY THE FEDERAL GOVERNMENT AS OF AUGUST 2, 2013. PART VI, SECTION B, LINE 11B FORM 990 PROVIDED TO GOVERNING BODY THE FINANCE DEPARTMENT GATHERED THE RELEVANT INFORMATION AND PREPARED THE TAX RETURNS * OUR OUTSIDE AUDITORS, ERNST & YOUNG, PARTICIPATED IN THE PREPARATION OF, AND REVIEWED, ALL TAX RETURNS. * A QUESTIONNAIRE WAS CIRCULATED TO ALL TRUSTEES (I.E., DIRECTORS), OFFICERS AND KEY EMPLOYEES IN ORDER TO ELICIT THE INFORMATION REQUIRED TO BE REPORTED ON THE TAX RETURNS. * THE TRUSTEE CONFLICTS OF INTEREST REVIEW COMMITTEE REVIEWED THE RESPONSES PROVIDED BY TRUSTEES AND CERTAIN OFFICERS IN THE QUESTIONNAIRES AND ASSESSED ADDITIONAL PERTINENT FACTS GATHERED BY THE INSTITUTION IN ORDER TO EVALUATE THE APPLICABILITY OF IRS REPORTING REQUIREMENTS. THE REVIEW COMMITTEE THEN DETERMINED THE APPROPRIATE TRUSTEE (AND CERTAIN OFFICER) DISCLOSURES THAT SHOULD BE MADE ON FORM 990 BASED ON THE RECOMMENDATIONS OF THE FINANCE DEPARTMENT, THE GENERAL COUNSEL'S OFFICE AND THE AUDIT AND COMPLIANCE DEPARTMENT. THESE RECOMMENDATIONS WERE REVIEWED AND APPROVED BY E&Y. THE SAME PROCESS WAS CONDUCTED BY THE FINANCE DEPARTMENT, THE GENERAL COUNSEL'S OFFICE, THE AUDIT AND COMPLIANCE DEPARTMENT AND E&Y WITH RESPECT TO THE QUESTIONNAIRES SUBMITTED BY OTHER OFFICERS AND KEY EMPLOYEES * THE AUDIT AND COMPLIANCE COMMITTEE OF THE BOARD OF TRUSTEES CONDUCTED A REVIEW OF THE ENTIRE TAX RETURN, WITH THE PARTICIPATION OF E&Y, THE FINANCE DEPARTMENT, THE GENERAL COUNSEL'S OFFICE, AND THE AUDIT AND COMPLIANCE DEPARTMENT. THE AUDIT COMMITTEE APPROVED THE TAX RETURNS AS PRESENTED. * THE AUDIT COMMITTEE'S REPORT OF ITS REVIEW OF THE TAX RETURNS AND ITS RECOMMENDATION TO FILE THE RETURNS WERE PRESENTED TO, AND ACCEPTED BY, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES (THE "EXECUTIVE COMMITTEE"). * IN ADDITION TO AUTHORIZING THE FILING OF THE TAX RETURNS, THE EXECUTIVE COMMITTEE DIRECTED THAT THE RETURNS, WHICH WILL BE FILED ON OR BEFORE NOVEMBER 15, 2013, BE PROVIDED TO ALL TRUSTEES VIA THE TRUSTEES' CONFIDENTIAL WEBSITE, AND THOSE RETURNS WERE SO PROVIDED BEFORE BEING FILED. PART VI, SECTION B, LINE 12C MONITORING & ENFORCING COMPLIANCE WITH THE POLICY COMPLIANCE WITH THE ORGANIZATION'S BUSINESS CONFLICTS OF INTEREST POLICY (THE "POLICY") IS REQUIRED OF TRUSTEES, EMPLOYEES, MEDICAL STAFF AND NON-EMPLOYEE MEMBERS OF INSTITUTIONAL COMMITTEES AND INCLUDES AN ONGOING DUTY TO DISCLOSE POTENTIAL CONFLICTS. COMPLIANCE WITH THE POLICY IS MONITORED AND ENFORCED REGULARLY AND CONSISTENTLY. ALL DISCLOSURES WITH THE POTENTIAL FOR CONFLICT ARE REVIEWED BY AN APPROPRIATE COMMITTEE WHERE THEY ARE CAREFULLY EVALUATED. WHEN APPROPRIATE, A PLAN, WHICH MAY INVOLVE MEASURES INCLUDING, BUT NOT LIMITED TO, RECUSAL FROM PARTICIPATING IN AFFECTED TRANSACTIONS, IS DEVELOPED TO MANAGE THE POTENTIAL CONFLICT. SUPPLEMENTAL INFORMATION SCHEDULE 0 PART VI, SECTION B, LINE 15A & 15 B PROCESS FOR DETERMINATION OF COMPENSATION THE COMPENSATION, EMPLOYEE BENEFITS AND EMPLOYEE RELATIONS COMMITTEE OF THE BOARDS OF TRUSTEES (THE "COMPENSATION COMMITTEE") DETERMINES THE COMPENSATION FOR THE CEO AND REVIEWS AND MODIFIES OR APPROVES THE CEO'S RECOMMENDATIONS FOR COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES, INCLUDING PHYSICIAN LEADERS, WHO ARE OR MAY BE "DISQUALIFIED PERSONS" AS THAT TERM IS DEFINED IN IRC SECTION 4958. THE COMPENSATION COMMITTEES' OPERATING PROCEDURES ARE DESIGNED TO ENSURE THAT THE COMPENSATION OF ALL SUCH OFFICERS AND KEY EMPLOYEES IS REASONABLE (I.E. THE VALUE OF SERVICES IS THE AMOUNT THAT WOULD ORDINARILY BE PAID FOR LIKE SERVICES BY LIKE ENTERPRISES UNDER LIKE CIRCUMSTANCES), AND TO FOLLOW THE SPECIFIC STEPS OUTLINED IN THE IRC REGULATIONS FOR ESTABLISHING THE REBUTTABLE PRESUMPTION OF REASONABLENESS THAT A TRANSACTION IS NOT AN EXCESS BENEFIT TRANSACTION. THE COMPENSATION COMMITTEE CONSISTS EXCLUSIVELY OF INDEPENDENT TRUSTEES WITHOUT ANY CONFLICT OF INTEREST (AS DEFINED IN THE APPLICABLE IRC REGULATIONS) WITH REGARD TO THE COMPENSATION ARRANGEMENTS BEING REVIEWED OR APPROVED. THE ABSENCE OF ANY CONFLICT OF INTEREST WITH RESPECT TO ITEMS ON THAT MEETING'S AGENDA IS CONFIRMED AT THE BEGINNING OF EACH MEETING OF THE COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEE SELECTS AND ENGAGES AN INDEPENDENT, QUALIFIED COMPENSATION CONSULTANT WHICH PERFORMS SUCH VALUATIONS ON A REGULAR BASIS TO PROVIDE APPROPRIATE COMPARABILITY DATA. COMPARABILITY DATA INCLUDES, BUT IS NOT LIMITED TO, COMPENSATION LEVELS PAID BY SIMILARLY SITUATED ORGANIZATIONS, BOTH TAXABLE AND TAX-EXEMPT, FOR FUNCTIONALLY COMPARABLE POSITIONS; THE AVAILABILITY OF SIMILAR SERVICES IN MOUNT SINAI'S GEOGRAPHIC AREA; CURRENT COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS; CUSTOMIZED SURVEYS IN SPECIFIC CIRCUMSTANCES, AND ACTUAL WRITTEN OFFERS FROM SIMILAR INSTITUTIONS COMPETING FOR THE SERVICES OF THE DISQUALIFIED PERSON. THE SOURCES OF THE COMPARABILITY DATA USED BY THE COMPENSATION CONSULTANT ARE PROVIDED TO THE COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEE RECEIVES AND REVIEWS THE COMPARABILITY DATA AND ANY ANALYSIS PROVIDED BY THE CONSULTANT, AS WELL AS INFORMATION PROVIDED BY MANAGEMENT OR, IN THE CASE OF THE CEO, BY THE CHAIRMAN OF THE BOARD OF TRUSTEES, INCLUDING INFORMATION ABOUT THE CEO'S PERFORMANCE. FOR THE CEO, THE COMMITTEE THEN DETERMINES AN APPROPRIATE LEVEL OF TOTAL COMPENSATION IN RELATION TO THE COMPARABILITY DATA. FOR THE OTHER EXECUTIVES AND KEY EMPLOYEES, THE COMMITTEE ALSO REVIEWS THE POSITION DESCRIPTION, THE CREDENTIALS OF THE INCUMBENT OR THE CANDIDATE FOR THE POSITION, AN INCUMBENT'S PERFORMANCE APPRAISAL, AND THE CEO'S (OR CHAIRMAN OF THE BOARD'S, WITH RESPECT TO THE CEO) RECOMMENDATION, IN RELATION TO THE COMPARABILITY DATA, AND DECIDES WHETHER TO APPROVE THE RECOMMENDED COMPENSATION OR TO MODIFY IT. THE COMPENSATION COMMITTEE DISCUSSES AND VOTES ON THE COMPENSATION ARRANGEMENTS FOR THE CEO, CFO AND OTHER SENIOR EXECUTIVE STAFF MEMBERS IN EXECUTIVE SESSION. THE COMPENSATION COMMITTEE CONTEMPORANEOUSLY DOCUMENTS IN WRITTEN MINUTES THE TERMS OF THE TRANSACTION THAT WAS APPROVED AND THE DATE IT WAS APPROVED; THE MEMBERS OF THE COMPENSATION COMMITTEE WHO WERE PRESENT DURING DEBATE ON THE TRANSACTION THAT WAS APPROVED AND THOSE WHO VOTED ON IT; THE COMPARABILITY DATA AND INFORMATION FROM MANAGEMENT OBTAINED AND RELIED ON, AND HOW THE COMPARABILITY DATA WAS OBTAINED; AND THE COMPENSATION COMMITTEE'S BASIS FOR THE DECISIONS, IF THE APPROVED COMPENSATION IS OUTSIDE THE RANGE OF COMPARABILITY DATA. THESE MINUTES ARE PREPARED BEFORE THE LATER OF THE NEXT MEETING OF THE COMPENSATION COMMITTEE OR 60 DAYS AFTER THE FINAL ACTIONS OF THE COMPENSATION COMMITTEE ARE TAKEN WITH RESPECT TO THE COMPENSATION DECISIONS MADE. THE MINUTES ARE REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE WITHIN A REASONABLE TIME THEREAFTER. PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC THE ORGANIZATION MAKES ITS BUSINESS CONFLICTS OF INTEREST POLICY AVAILABLE ON ITS WEBSITE (WWW.MOUNTSINAI.ORG) AND MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. PART XI, LINE 9 RECONCILIATION OF NET ASSETS OR FUND BALANCES 8 EAST 102ND STREET MANAGER LLC $1,019,495 ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 136171197 SCHOOL NY 501 (C)(3) 2 NA false THE MOUNT SINAI HOSPITAL ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 131624096 HOSPITAL NY 501 (C)(3) 3 NA false Mitral Foundation 1190 fifth avenue new york NY 10029 800468600 research NY 501 (C)(3) 11 type I ISMMS true the children's center foundation one gustave l levy place new york NY 10029 223059294 support NY 501 (C)(3) 11 type I ISMMS true msmc realty corporation one gustave l levy place new york NY 10029 133852596 real estate NY 501 (C)(3) 11 type I see part vii true msmc residential realty llc 1425 madison avenue new york NY 10029 200244426 real estate NY 501 (C)(3) 11 type I see part vii true mt sinai diagnostic & treatment center one gustave l levy place new york NY 10029 450537391 diag clinic NY 501 (C)(3) 3 MSH true msmc residential realty manager inc 1425 madison avenue new york NY 10029 201289396 Real Est Mgmt NY 501 (C)(3) 11 type I see part vii true false false false false false false false false false false false false false false false false true false ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI R 1990573 FMV Part ii, line 5, column f direct controlling entity ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, THE MOUNT SINAI HOSPITAL, AND THE MOUNT SINAI MEDICAL CENTER ARE ALL MEMBERS OF THIS ENTITY. PART II, LINE 6, COLUMN F DIRECT CONTROLLING ENTITY ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, THE MOUNT SINAI HOSPITAL, THE MSMC REALTY CORP, AND THE MSMC RESIDENTIAL REALTY MANAGER LLC ARE ALL MEMBERS OF THIS ENTITY. PART II, LINE 8, COLUMN F DIRECT CONTROLLING ENTITY ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, THE MOUNT SINAI HOSPITAL, AND THE MSMC REALTY CORP ARE ALL MEMBERS OF THIS ENTITY.