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      <EndowmentsHeldByRelatedOrgs>false</EndowmentsHeldByRelatedOrgs>
      <AreRelatedOrgsListedScheduleR>false</AreRelatedOrgsListedScheduleR>
      <OtherSecurities>
        <Description>LT CERTIFICATES OF DEPOSIT</Description>
        <BookValue>2476926</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
      </OtherSecurities>
      <OtherSecurities>
        <Description>ST CERTIFICATES OF DEPOSIT</Description>
        <BookValue>95849</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
      </OtherSecurities>
      <TotalOfBookValueSecurities>2572775</TotalOfBookValueSecurities>
      <TotalRevenue>496633</TotalRevenue>
      <TotalExpenses>462229</TotalExpenses>
      <ExcessOrDeficitForYear>34404</ExcessOrDeficitForYear>
      <NetUnrealizedGLOnInvestments>6783</NetUnrealizedGLOnInvestments>
      <TotalAdjustments>6783</TotalAdjustments>
      <ExcessOrDeficitPerFS>41187</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>503416</TotRevenueEtcAuditedFinclStmt>
      <NetUnrealizedGainsInvestments>6783</NetUnrealizedGainsInvestments>
      <RevenueNotRptdF990>6783</RevenueNotRptdF990>
      <RevenueSubtotal>496633</RevenueSubtotal>
      <TotalRevenuePerForm990>496633</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>462229</TotExpensesEtcAuditedFinclStmt>
      <ExpensesSubtotal>462229</ExpensesSubtotal>
      <TotalExpensesPerForm990>462229</TotalExpensesPerForm990>
      <Form990ScheduleDPartXIV>
        <Identifier>LIABILITY UNDER FIN 48 FOOTNOTE</Identifier>
        <ReturnReference>SCHEDULE D, PAGE 3, PART X</ReturnReference>
        <Explanation>MANAGEMENT EVALUATES ALL TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON ITS ANNUAL INFORMATION RETURNS, INCLUDING THE POSITION THAT THE INSTITUTE CONTINUES TO QUALIFY TO BE TREATED AS A SECTION 501(C)(3) ORGANIZATION FOR BOTH FEDERAL AND STATE PURPOSES. FOR THE YEARS ENDED DECEMBER 31, 2011 AND DECEMBER 31, 2010, MANAGEMENT DOES NOT FEEL IT HAS TAKEN ANY TAX POSITIONS THAT WOULD NOT BE SUSTAINED UNDER EXAMINATION. THEREFORE, NO INTEREST OR PENALTIES HAVE BEEN ACCRUED OR CHARGED TO EXPENSE AS OF DECEMBER 31, 2011 AND DECEMBER 31, 2010, OR THE PERIODS THEN ENDED. THE ANNUAL INFORMATION RETURNS FOR THE INSTITUTE ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE DATE THEY ARE FILED. AS OF DECEMBER 31, 2011, THE TAX YEARS 2010, 2009, AND 2008 REMAIN SUBJECT TO EXAMINATION.</Explanation>
      </Form990ScheduleDPartXIV>
    </IRS990ScheduleD>
    <IRS990ScheduleJ documentId="RetDoc5">
      <CompensationSurvey>X</CompensationSurvey>
      <SeverancePayment>false</SeverancePayment>
      <SupplementalNonqualRetirePlan>false</SupplementalNonqualRetirePlan>
      <EquityBasedCompArrangement>false</EquityBasedCompArrangement>
      <CompBasedOnRevenueOfFilingOrg>false</CompBasedOnRevenueOfFilingOrg>
      <CompBasedOnRevenueRelatedOrgs>false</CompBasedOnRevenueRelatedOrgs>
      <CompBasedNetEarningsFilingOrg>false</CompBasedNetEarningsFilingOrg>
      <CompBasedNetEarningsRelateOrgs>false</CompBasedNetEarningsRelateOrgs>
      <AnyNonFixedPayments>false</AnyNonFixedPayments>
      <InitialContractException>false</InitialContractException>
      <Form990ScheduleJPartII>
        <NamePerson>THOMAS SHARP MD</NamePerson>
        <CompBasedOnRelatedOrgs>332260</CompBasedOnRelatedOrgs>
        <BonusRelatedOrgs>1000</BonusRelatedOrgs>
        <DeferredCompRelatedOrgs>39652</DeferredCompRelatedOrgs>
        <NontaxableBenefitsRelatedOrgs>27856</NontaxableBenefitsRelatedOrgs>
        <TotalCompensationRelatedOrgs>400768</TotalCompensationRelatedOrgs>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>KENNETH J KLOTZ MD</NamePerson>
        <CompBasedOnRelatedOrgs>293076</CompBasedOnRelatedOrgs>
        <BonusRelatedOrgs>500</BonusRelatedOrgs>
        <NontaxableBenefitsRelatedOrgs>22315</NontaxableBenefitsRelatedOrgs>
        <TotalCompensationRelatedOrgs>315891</TotalCompensationRelatedOrgs>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>THOMAS MATTICE</NamePerson>
        <CompBasedOnRelatedOrgs>165552</CompBasedOnRelatedOrgs>
        <BonusRelatedOrgs>10782</BonusRelatedOrgs>
        <DeferredCompRelatedOrgs>18612</DeferredCompRelatedOrgs>
        <NontaxableBenefitsRelatedOrgs>18740</NontaxableBenefitsRelatedOrgs>
        <TotalCompensationRelatedOrgs>213686</TotalCompensationRelatedOrgs>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>JOHN T CALLAGHAN</NamePerson>
        <CompBasedOnRelatedOrgs>130771</CompBasedOnRelatedOrgs>
        <DeferredCompRelatedOrgs>16293</DeferredCompRelatedOrgs>
        <NontaxableBenefitsRelatedOrgs>6580</NontaxableBenefitsRelatedOrgs>
        <TotalCompensationRelatedOrgs>153644</TotalCompensationRelatedOrgs>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartIII>
        <Identifier>OTHER ADDITIONAL INFORMATION</Identifier>
        <ReturnReference>SCHEDULE J, PART III</ReturnReference>
        <Explanation>SCHEDULE J, PART II: BECAUSE THERE ARE TWO INDIVIDUALS WHO HAVE ELECTED NOT TO PROVIDE THEIR COMPENSATION RECEIVED FROM THE RICHARD L. ROUDEBUSH VETERANS AFFAIRS MEDICAL CENTER ON FORM 990, SCHEDULE J, PART II MAY NOT INCLUDE ALL INDIVIDUALS COMPENSATED OVER 150,000.</Explanation>
      </Form990ScheduleJPartIII>
    </IRS990ScheduleJ>
    <IRS990ScheduleO documentId="RetDoc6">
      <GeneralExplanation>
        <Identifier>ORGANIZATION'S PROCESS USED TO REVIEW FORM 990</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 11B</ReturnReference>
        <Explanation>THE FORM 990 WILL BE PROVIDED THROUGH EMAIL TO EACH DIRECTOR FOR APPROVAL PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ENFORCEMENT OF CONFLICTS POLICY</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 12C</ReturnReference>
        <Explanation>THE INSTITUTE CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY BEING CONTINUOUSLY MONITORED BY THE BOARD OF DIRECTORS AND DISCUSSED AT BOARD MEETINGS. IF CONFLICTS ARISE PRIOR TO A MEETING, THEY ARE REVIEWED AND DISCUSSED AMONG THE BOARD OF DIRECTORS THROUGH VIRTUAL MEETINGS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>COMPENSATION PROCESS FOR TOP OFFICIAL</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 15A</ReturnReference>
        <Explanation>THE REVIEW PROCESS AND APPROVAL OF COMPENSATION OF THE EXECUTIVE DIRECTOR IS REVIEWED AND APPROVED ANNUALLY BY THE BOARD OF DIRECTORS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GOVERNING DOCUMENTS DISCLOSURE EXPLANATION</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 19</ReturnReference>
        <Explanation>THE INSTITUTE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST BY MAIL OR TELEPHONE.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ADDITIONAL INFORMATION</Identifier>
        <ReturnReference>FORM 990, PART VII</ReturnReference>
        <Explanation>TWO OF THE BOARD MEMBERS HAVE ELECTED NOT TO PROVIDE THEIR COMPENSATION RECEIVED FROM THE RICHARD L. ROUDEBUSH VETERANS AFFAIRS MEDICAL CENTER ON FORM 990. AS A RESULT, THE COMPENSATION DISCLOSED FOR THESE INDIVIDUALS ON PART VII, COLUMNS E AND F ARE NOT ACCURATE.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>OTHER CHANGES IN NET ASSETS EXPLANATION</Identifier>
        <ReturnReference>FORM 990, PART XI, LINE 5</ReturnReference>
        <Explanation>THE NET APPRECIATION IN FAIR VALUE OF INVESTMENTS FOR INDIANA INSTITUTE FOR MEDICAL RESEARCH, INC. IS 6,783 FOR THE YEAR ENDED DECEMBER 31, 2011.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="RetDoc7">
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>RICHARD ROUDEBUSH VETERANS AFFAIRS</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>1481 W 10TH ST</AddressLine1>
          <City>INDIANAPOLIS</City>
          <State>IN</State>
          <ZIPCode>46202</ZIPCode>
        </AddressUS>
        <EIN>351906280</EIN>
        <PrimaryActivities>MEDICAL</PrimaryActivities>
        <LegalDomicileState>IN</LegalDomicileState>
        <ExemptCodeSection>501C1</ExemptCodeSection>
        <PublicCharityStatus>N/A</PublicCharityStatus>
        <DirectControllingEntityName>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </DirectControllingEntityName>
        <ControlledOrg>false</ControlledOrg>
      </Form990ScheduleRPartII>
      <ReceiptOfIntAnnRentsRoyalties>false</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>false</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>false</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>false</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>false</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>false</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>false</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>false</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>false</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>false</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>false</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>false</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>true</SharingOfFacilities>
      <SharingOfPaidEmployees>false</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>true</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>false</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>false</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>false</OtherTransferFromOtherOrg>
    </IRS990ScheduleR>
  </ReturnData>
</Return>