2012-11-20T14:23:06-06:00 2011-12-31 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2011-01-01 131739923 BOYCE THOMPSON INSTITUTE FOR PLANT RESEARCH INC BOYC 6072541234 TOWER ROAD ITHACA NY 148531801 SOPHIA DARLING 6072541234 2012-11-20 1 FREDERICK H ROTHMAN P01275277 2128674000 2011 2016-02-24 21:20:13Z DAVID STERN TOWER ROAD ITHACA NY 148531801 209186542 0 X WWW.BTI.CORNELL.EDU X 1924 NY THE BOYCE THOMPSON INSTITUTE FOR PLANT RESEARCH, INC. (BTI) WAS FOUNDED BY WILLIAM BOYCE THOMPSON OUT OF A CONVICTION THAT "ANY PRINCIPLES CONCERNING THE NATURE OF LIFE THAT YOU CAN ESTABLISH FOR PLANTS, WILL HELP YOU UNDERSTAND MAN, IN HEALTH AND IN DISEASE." HE ALSO SAW PLANT SCIENCE AS A MEANS OF ENDING HUNGER, THUS ULTIMATELY, PROMOTING DEMOCRACY AND POLITICAL STABILITY. BTI SCIENTISTS INCREASE THE UNDERSTANDING OF PLANTS FOR THE BENEFIT OF PEOPLE AND THE ENVIRONMENT, CONCENTRATING PARTICULARLY ON PLANT DEVELOPMENT, MOLECULAR PLANT-MICROBE INTERACTIONS, AND MOLECULAR AND CHEMICAL ECOLOGY. BTI ENVISIONS A WORLD IN WHICH NUTRITIOUS FOOD IS IN ABUNDANCE, THE ENVIRONMENT IS SECURE, AND PEOPLE LIVE FULLER, HEALTHIER LIVES. THIS VISION CAN BE REALIZED IN PART THROUGH THE STUDY OF PLANT BIOLOGY. AT BTI, WE STRIVE TO BE A WORLD LEADER IN PLANT BIOLOGY. 17 16 218 17 0 0 12519600 13226816 0 0 4977873 5516092 789727 655683 18287200 19398591 0 0 0 0 9265332 13168851 0 0 89806 9997063 7228376 19262395 20397227 -975195 -998636 102712454 95776913 9690873 11783278 93021581 83993635 X TO ADVANCE AND COMMUNICATE SCIENTIFIC KNOWLEDGE IN PLANT BIOLOGY TO IMPROVE AGRICULTURE, PROTECT THE ENVIRONMENT, AND ENHANCE HUMAN HEALTH. 0 0 2662964 SEE SCHEDULE OPROTECT THE ENVIRONMENT & RENEWABLE ENERGY. INSTITUTE SCIENTISTS ADVANCE, COMMUNICATE, AND APPLY PLANT RESEARCH TO PROTECTING THE ENVIRONMENT AND ADVANCING RENEWABLE ENERGY. PLANTS HELP OFFSET GLOBAL WARMING BY ABSORBING CARBON DIOXIDE. PLANTS ALSO PROVIDE RENEWABLE AND SUSTAINABLE SOURCES OF FOOD AND ENERGY, WORLDWIDE. AT BTI (THE BOYCE THOMPSON INSTITUTE), SCIENTISTS USE A SUITE OF MODERN TECHNIQUES TO UNDERSTAND KEY PROCESSES SUCH AS PHOTOSYNTHESIS AND BIOMASS PRODUCTION, AT THE MOLECULAR, BIOCHEMICAL, AND GENETIC LEVEL. RESEARCH AT BTI AIMS TO IMPROVE PLANT GROWTH AND INCREASE YIELD WITH FEWER NEGATIVE EFFECTS ON THE ENVIRONMENT. 8316006 SEE SCHEDULE OIMPROVE AGRICULTURE/SUSTAINABLE FOOD PRODUCTION. INSTITUTE SCIENTISTS ADVANCE, COMMUNICATE, AND APPLY PLANT RESEARCH TOWARDS PRODUCING AN INCREASINGLY SUSTAINABLE FOOD SUPPLY. THE UNITED NATIONS FEBRUARY, 2010 FOOD SECURITY ANALYSIS CITES CLIMATE CHANGE, NATURAL DISASTER, RAPID URBANIZATION, AND UNPRECEDENTED POPULATION GROWTH AS GREAT CHALLENGES TO THE SUSTAINABLE FUTURE OF THE WORLD FOOD SUPPLY. AT BTI, SCIENTISTS ARE INVESTIGATING, AT THE MOLECULAR LEVEL, HOW PLANTS GROW, RESPOND TO LIGHT, AND MAKE USE ON A SCALE THAT CAN MEET DEMAND. CURRENT RESEARCH IS FOCUSED ON IMPROVING THE NUTRITIVE QUALITY OF FOOD, INCREASING YIELD, AND FURTHERING THE SUSTAINABILITY OF AGRONOMICALLY VIABLE PLANT SPECIES. SPECIFIC RESEARCH FOCUSES ON LONGER SHELF-LIFE, NATURAL INSECT CONTROL TO FURTHER REDUCE THE NEED FOR PESTICIDES, ENHANCED DISEASE RESISTANCE IN PLANTS, CROPS THAT PRODUCE HIGHER YIELD WITH LESS LIGHT, REDUCED NEED FOR CHEMICAL FERTILIZATION, AND PLANTS WITH HIGHER TOLERANCE FOR ENVIRONMENTAL STRESSORS SUCH AS DROUGHT, HEAT, AND COLD. 1310783 SEE SCHEDULE OIMPROVED HUMAN HEALTH. INSTITUTE SCIENTISTS ADVANCE, COMMUNICATE, AND APPLY PLANT RESEARCH TOWARDS IMPROVED HUMAN HEALTH. CURRENT RESEARCH AT BTI MAY LEAD TO AN INCREASE IN OUR UNDERSTANDING OF STEM CELLS, ALZHEIMER'S DISEASE AND AGING; PRODUCE FOODS TO COMBAT VITAMIN DEFICIENCIES; PROVIDE NATURAL WAYS TO CONTROL BLOOD PRESSURE; AND USE GENETIC TOOLS TO COMBAT DISEASE IN HUMANS, SUCH AS THE EMPLOYMENT OF PLANT-DERIVED COMPOUNDS AS ANTI-CANCER AGENTS. 5479726 RESEARCH TOOLS & COMMUNICATIONS: INSTITUTE SCIENTISTS ADVANCE, COMMUNICATE, AND APPLY PLANT RESEARCH TOWARDS THE ADVANCEMENT OF SCIENTIFIC KNOWLEDGE. VIRTUALLY EVERY DAY, SCIENTISTS DISCOVER AND RECORD A STAGGERING AMOUNT OF NEW INFORMATION ABOUT THE GENES, PROTEINS AND CHEMICALS, THAT DIRECT THE LIFE OF CELLS. THEY ARE ALSO CONTINUALLY DEVELOPING NEW TECHNIQUES FOR LABORATORY RESEARCH. BTI SCIENTISTS ARE DEVELOPING INNOVATIVE SOFTWARE AND DATABASES, ENABLING RESEARCHERS TO BETTER ORGANIZE, ACCESS, AND RETRIEVE A WEALTH OF DATA, ISOLATE AND IDENTIFY SPECIFIC GENES CONTROLLING SPECIFIC LIFE PROCESSES AND IDENTIFY MOLECULES WITH POTENTIAL EVOLUTIONARY, BIOLOGICAL AND MEDICAL IMPORTANCE. 5479726 17769479 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 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 1 79 0 218 1 0 0 0 0 0 0 0 0 0 0 X 17 16 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X SOPHIA A DARLING 6072541225 TOWER ROAD ITHACA NY 148531801 DAVID STERN 40.00 X X 314572 0 67073 EZRA CORNELL 0.40 X 0 0 0 ROY H PARK JR 0.40 X 0 0 0 LAURA A PHILLIPS 0.40 X 0 0 0 BARBARA BAIRD 0.40 X 0 0 0 ANDY BASS 0.40 X 0 0 0 ALAN J BILOSKI 0.40 X 0 0 0 PETER BRUNS 0.40 X 0 0 0 THOMAS BURR 0.40 X 0 0 0 MARY CLUTTER 0.40 X 0 0 0 GREGORY GALVIN 0.40 X 0 0 0 GREGORY HARTZ 0.40 X 0 0 0 SABBEHA MERCHANT 0.40 X 0 0 0 KIRA SHEINERMAN 0.40 X 0 0 0 CRISPIN TAYLOR 0.40 X 0 0 0 KATHRYN BOOR 0.40 X 0 0 0 PAUL CHOMET 0.40 X 0 0 0 DONNA CLAES 40.00 X 57318 0 8648 JANE CALDER 40.00 X 49106 0 12832 JOAN CURTISS 36.00 X 90321 0 20453 SOPHIA DARLING 40.00 X 99351 0 22118 DR ERIC RICHARDS 40.00 X 218350 0 29879 DR MARIA HARRISON 40.00 X 150441 0 14745 DR DANIEL KLESSIG 40.00 X 221117 0 0 DR THOMAS BRUTNELL 40.00 X 115405 0 32826 1315981 0 208574 5 0 1 0 LVW ADVISORS LLC 67 MONROE AVE PITTSFORD NY 14535 INVESTMENT CONSULTING 144174 1 10643985 2582831 13226816 938547 938547 642249 642249 194365496 189787951 4577545 4577545 4577545 13434 13434 13434 19398591 0 0 6171775 1010021 587673 422348 7138966 6567595 546541 24830 3095692 2698919 389542 7231 1464162 1252849 207378 3935 460010 391092 67662 1256 160821 118025 42796 56700 56700 343219 343219 3239829 3142988 66107 30734 1404635 1247893 155117 1625 275043 223139 42869 9035 394955 316503 76767 1685 726920 714612 12308 87321 87321 DNA SEQUENCING 334142 334142 EQUIPMENT MAINTENANCE 149095 127828 21267 PUBLICATIONS 55696 46221 9475 20397227 17769479 2537942 89806 825677 368179 2041678 4275178 1051694 1981023 41034 43048 10936849 6105454 5369232 4831395 56852239 56319973 28330105 24991350 8200795 2966767 102712454 95776913 1198317 1230926 672502 39175 7820054 10513177 9690873 11783278 X 89276761 79541046 722620 1430389 3022200 3022200 93021581 83993635 102712454 95776913 X -998636 -8029310 X X 1 1 1 X 1 1 X 870027 9814962 11161857 12519600 13226816 47593262 1960849 1954415 1804267 1527898 1614589 8862018 2830876 11769377 12966124 14047498 14841405 56455280 56455280 1267820 1031533 1612527 1578754 1580796 7071430 10361645 44194 13434 10419273 73945983 0.76350 0.73590 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE REVENUE RELATED TO INTELLECTUAL PROPERTY RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3640860 -138472 150777 3351611 3388364 405030 152354 3640860 3022200 501441 135277 3388364 4384184 -1282325 -79659 3022200 0.02000 0.98000 0 0 4900636 2386405 2514231 6035213 3719049 2316164 1000 1000 4831395 PRIVATE EQUITIES - LLC'S 9499441 F EQUITY - LLC'S 15491909 F 24991350 ACCRUED POST-RETIREMENT BENEFITS 2866698 DUE TO INVENTORS 158721 DEFERRED COMPENSATION 677546 ACCRUED PENSION PAYABLE 6810212 10513177 19398591 20397227 -998636 -8029310 -8029310 -9027946 12640650 -8029310 1614589 -6414721 19055371 343220 343220 19398591 19092215 1614589 1614589 17477626 343220 2576381 2919601 20397227 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE INCOME HAS BEEN BOARD DESIGNATED TO SUPPORT A POSITION IN PLANT MOLECULAR BIOLOGY. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE INSTITUTE HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. TAX RETURNS FOR THE YEARS DECEMBER 31, 2007 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XIII, LINE 4B - OTHER ADJUSTMENTS: ADJUSTMENT TO REFLECT PENSION FUNDING STATUS 2,576,381. X 0 1 X X X X 0 0 0 0 0 0 0 0 0 DAVID STERN 294572 0 0 0 20000 0 53052 0 14021 0 381645 0 0 0 DR ERIC RICHARDS 218350 0 0 0 0 0 6669 0 23210 0 248229 0 0 0 DR MARIA HARRISON 150441 0 0 0 0 0 4553 0 10192 0 165186 0 0 0 DR DANIEL KLESSIG 221117 0 0 0 0 0 0 0 0 0 221117 0 0 0 RALPH WF HARDY FORMER DIRECTOR 52000 INDEPENDENT CONTRACTOR 0 FORM 990, PART VI, SECTION A, LINE 2 THE BOARD CHAIR, MR. CORNELL, HAD A BUSINESS RELATIONSHIP WITH MR. STERN, BTI'S PRESIDENT. FORM 990, PART VI, SECTION A, LINE 6 THE BOYCE THOMPSON INSTITUTE, INC. IS A NYS MEMBERSHIP CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT DIRECTORS FORM 990, PART VI, SECTION B, LINE 11 BOARD MEMBERS WERE PROVIDED AN ELECTRONIC DRAFT OF THIS RETURN PRIOR TO FILING. INPUT WAS PROVIDED TO THE VP FOR FINANCE/CFO FORM 990, PART VI, SECTION B, LINE 12C ANNUAL CERTIFICATIONS ARE PROVIDED BY DIRECTORS AND OFFICERS TO THE CORPORATE SECRETARY AND DIRECTOR OF HUMAN RESOURCES. CONFLICTS ARE DISCLOSED TO AND REVIEWED BY THE AUDIT COMMITTEE AND BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD COMPENSATION COMMITTEE ESTABLISHES THE SALARIES OF THE PRESIDENT AND THE VICE PRESIDENT, ANNUALLY. COMPARABLE SALARIES AND COST OF LIVING DATA IS PROVIDED BY THE DIRECTOR OF HUMAN RESOURCES. MEETING MINUTES, RECOMMENDATIONS AND SUPPORTING DATA ARE RETAINED BY THE COPORATE SECRETARY. SALARY REVIEWS ARE PERFORMED ANNUALLY, IN NOVEMBER. THE COMPENSATION COMMITTED MET IN NOVEMBER 2009 TO REVIEW AND SET THE 2010 COMPENSATION FOR THE PRESIDENT, VICE PRESIDENT, AND CFO/VP FOR FINANCE. FORM 990, PART VI, SECTION C, LINE 18 DOCUMENTS ARE AVAILABLE ON REQUEST TO THE CORPORATE SECRETARY. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE ON REQUEST TO THE CORPORATE SECRETARY. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -8,029,310. FORM 990, PART XII, LINE 2C THE BTI AUDIT COMMITTEE IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.