2012-10-30T14:16:22-05:00 2011-12-31 910189318 MOSS ADAMS LLP 9665 GRANITE RIDGE DRIVE SUITE 600 SAN DIEGO CA 92123 990 2011-01-01 237203666 THE J DAVID GLADSTONE INSTITUTES JDAV 4157342000 1650 OWENS STREET SAN FRANCISCO CA 94158 JOHN WHITING 4157342000 2012-10-30 1 PATRICIA J MAYER P00188643 8586271400 2011 2016-02-24 21:20:13Z JOHN WHITING 1650 OWENS STREET SAN FRANCISCO CA 94158 87024403 0 X WWW.GLADSTONEINSTITUTES.ORG X 1972 CA TO UNRAVEL THE BASICS OF BIOLOGY IN ORDER TO BETTER UNDERSTAND, PREVENT,TREAT AND CURE CARDIOVASCULAR, VIRAL AND NEUROLOGICAL CONDITIONS SUCH AS HEART FAILURE, HIV/AIDS AND ALZHEIMER'S DISEASE. 3 0 474 85 4170 0 7266486 6305182 58770072 61538786 7291198 5521694 436817 -152793 73764573 73212869 0 0 0 0 34156788 37893472 303701 150301 1544058 44294273 48594811 78754762 86638584 -4990189 -13425715 338133259 319515917 164000129 166580662 174133130 152935255 X TO UNRAVEL THE BASICS OF BIOLOGY IN ORDER TO BETTER UNDERSTAND, PREVENT,TREAT AND CURE CARDIOVASCULAR, VIRAL AND NEUROLOGICAL CONDITIONS SUCH AS HEART FAILURE, HIV/AIDS AND ALZHEIMER'S DISEASE. 0 0 28021764 23915052 THE INSTITUTE OF VIROLOGY AND IMMUNOLOGY FOCUSES ITS RESEARCH ON THE HUMAN IMMUNODEFICIENCY VIRUS (HIV) AND THE ACQUIRED IMMUNE DEFICIENCY SYNDROME (AIDS). 30618754 19944907 THE GLADSTONE INSTITUTE OF CARDIOVASCULAR DISEASE IS DEDICATED TO REDUCING THE SUFFERING AND LOSS OF LIFE CAUSED BY A HOST OF CARDIOVASCULAR DISEASES AND CONDITIONS INCLUDING HIGH BLOOD PRESSURE, CORONARY HEART DISEASE, CONGESTIVE HEART FAILURE, STROKE AND CONGENITAL HEART DEFECTS. 20727742 15293245 THE INSTITUTE OF NEUROLOGICAL DISEASE FOCUSES ITS RESEARCH ON THE PATHOGENESIS OF ALZHEIMER'S AND OTHER MAJOR NEURODEGENERATIVE DISEASES. 3657478 2385582 THE GLADSTONE CENTER FOR TRANSLATIONAL RESEARCH TAKES BASIC RESEARCH DISCOVERED IN GLADSTONE'S INSTITUTE OF CARDIOVASCULAR DISEASE, INSTITUTE OF VIROLOGY AND IMMUNOLOGY AND INSTITUTE OF NEUROLOGICAL DISEASE AND TRANSITIONS THEM INTO NEW PATIENT THERAPIES. 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AND LEASING III 84692 F WHITTIER LONG/SHORT FUND 2971528 F 53821781 457(B) PLAN ASSETS 525858 INVESTMENT IN GRE, LLC 20357522 20883380 457(B) TIAA-CREF PLAN LIABILITY 525858 ACCRUED PAYROLL LIABILITY 2136111 BOND INTEREST PAYABLE 730735 BOND PREMIUM - MISSION BAY DEFERRED INCOME 592881 FLEXIBLE BENEFITS PAYABLE 101174 GARNISHMENTS -955 HEALTH CLAIMS RESERVE 200000 PENSION PAYABLE 2499000 POST-DOC PENSION PLAN PAYABLE 106800 REFUND CLEARING ACCOUNT 8140 TENANT SECURITY DEPOSITS 15980 6915724 73212869 86638584 -13425715 -7586598 -1478298 -9064896 -22490611 70840679 -7586598 6292061 -1294537 72135216 600000 477653 1077653 73212869 93331290 7766189 7766189 85565101 600000 473483 1073483 86638584 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE TEMPORARY RESTRICTED ENDOWMENT FUNDS HAVE BEEN RESTRICTED TO FUND SPECIFIC SCIENTIFIC RESEARCH PROJECTS WHICH RESEARCH WILL BE PERFORMED OVER THE NEXT FEW YEARS. 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PART XI, LINE 8, RECONCILIATION OF NET ASSETS: COMMONFUND V K-1 UBIT $-4,116 COMMONFUND VI K-1 UBIT $-54 OTHER RECONCILING ITEM $-181,392 TOTAL $-185,562 PART XII, LINE 2D, RECONCILIATION OF REVENUE: GRE CONSOLIDATING REVENUE $5,515,357 CONSOLIDATING MINORITY INTEREST $48,438 RENTAL EXPENSE RECLASS $728,266 TOTAL $6,292,061 PART XII, LINE 4B, RECONCILIATION OF REVENUE: COMMONFUND V K-1 UBIT $4,116 COMMONFUND VI K-1 UBIT $54 BOND INTEREST EXPENSE RELATED TO BOND RESERVE $473,483 TOTAL $477,653 PART XIII, LINE 2D, RECONCILIATION OF EXPENSE: GRE CONSOLIDATING EXPENSE $6,808,093 CONSOLIDATING MINORITY INTEREST $48,438 RENTAL EXPENSE RECLASS $728,266 OTHER RECONCILING ITEM $181,392 TOTAL $7,766,189 PART XIII, LINE 4B, RECONCILIATION OF EXPENSE: BOND INTEREST EXPENSE RELATED TO BOND RESERVE $473,483 CENTRAL AMERICA AND THE CARIBBEAN - INVESTMENTS 36938430 EUROPE (INCLUDING ICELAND & GREENLAND) - INVESTMENTS 1538472 0 0 0 0 0 0 38476902 0 38476902 0 0 0 0 0 0 CENTRAL AMERICA / CARRIBEAN INVESTMENT BOOK VALUE END-OF-YEAR $36,380,077 INVESTMENT EXPENSE $558,353 TOTAL EXPENDITURES FOR AND INVESTMENTS IN REGION $36,938,430 EUROPE INVESTMENT BOOK VALUE END-OF-YEAR $1,514,046 INVESTMENT EXPENSE $24,426 TOTAL EXPENDITURES FOR AND INVESTMENTS IN REGION $1,538,472 X X X X 1 PODESTA GROUP 1001 G STREET NW SUITE 900 EAST WASHINGTON DC 20001 SOLICITATION 0 0 150301 -150301 150301 -150301 CA X X X X X 1 0 0 0 0 0 0 1 0 ALBERT A DORMAN 475000 0 0 0 0 0 0 0 0 0 475000 0 0 0 RICHARD D JONES 475000 0 0 0 0 0 0 0 0 0 475000 0 0 0 ANDREW S GARB 475000 0 0 0 0 0 0 0 0 0 475000 0 0 0 RICHARD HILLE 410402 0 0 0 250000 0 36750 0 2501 0 699653 0 0 0 ROBERT S WILLIAMS 706660 0 75000 0 0 0 36750 0 33484 0 851894 0 0 0 HAL ORR 306745 0 0 0 200000 0 36750 0 4803 0 548298 0 0 0 JOHN WHITING 245633 0 0 0 0 0 0 0 8649 0 254282 0 0 0 DANIEL OSHIRO 282963 0 0 0 0 0 36750 0 4906 0 324619 0 0 0 DEEPAK SRIVASTAVA 413243 0 0 0 92121 0 36750 0 6396 0 548510 0 0 0 WARNER GREENE 389196 0 0 0 0 0 36750 0 4963 0 430909 0 0 0 LENNART MUCKE 428157 0 0 0 0 0 36750 0 3464 0 468371 0 0 0 ERIC VERDIN 247839 0 20000 0 81589 0 36750 0 6285 0 392463 0 0 0 ROBERT MAHLEY 419636 0 0 0 0 0 36750 0 4963 0 461349 0 0 0 PART I, LINE 7 NONDISCRETIONARY BONUS PAYMENTS WERE PAID BASED ON PERSON'S MEETING GOALS SET BY AND APPROVED BY TRUSTEES. SEVERANCE PAYMENTS WERE MADE TO RICHARD HILLE AND HAL ORR IN THE AMOUNT OF $250,000 AND $200,000 RESPECTIVELY. CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK 630304653 13034AAK6 2011-11-16 105414814 REFUNDING BONDS 0 0 0 105414814 1379008 99035806 5000000 2004 1 0 1 1 0 0 0 0 0.00000 0.00000 1 0 0 0 0 0 1 X DEEPAK SRIVASTAVA RELOCATION/HOUSING X 660000 602500 0 1 1 ROBERT S WILLIAMS RELOCATION/HOUSING X 2000000 2000000 0 1 1 ERIC VERDIN RELOCATION/HOUSING X 500000 450000 0 1 1 3052500 ROBERT S WILLIAMS BOARD MEMBER AT BRISTOL-MEYERS SQUIBB COMPANY 2683932 TECHNOLOGY ACCESS FEE, PATENT LICENSE FEE, PATENT COSTS AND RESEARCH FUNDING 0 X 4 156861 MARKET VALUE 0 1 0 THIRD PARTY USE: PART I, LINE 32B: ALL GIFTS MUST SUPPORT THE MISSION OF THE INSTITUTES AND BE CONSISTENT WITH THE HIGH REPUTATION OF INTEGRITY AND EXCELLENCE ENJOYED BY THE INSTITUTES. NON-CASH CONTRIBUTIONS ARE EVALUATED TO ENSURE THEY COMPLY WITH THIS POLICY AND VALUATION IS DETERMINED ACCORDING TO ACCEPTED GUIDELINES. FORM 990, PART VI, SECTION A, LINE 7B THE SUPERIOR COURT OF CALIFORNIA'S APPROVAL IS REQUIRED FOR THE ELECTION AND REMOVAL OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 AND ITS RELATED SCHEDULES WERE GIVEN TO THE TRUSTEES FOR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE J. DAVID GLADSTONE INSTITUTES REQUIRES THAT EACH OFFICER, DIRECTOR, TRUSTEE AND KEY EMPLOYEE COMPLETE A CONFLICT OF INTEREST REPORT AND REPORT ANY CONFLICT HE/SHE MAY HAVE. ANY CONFLICTS THAT ARISE DURING THE YEAR ARE REQUIRED TO BE REPORTED TO THE EXECUTIVE DIRECTOR AND THE TRUSTEES IMMEDIATELY. IN THE EVENT THAT A CONFLICT DOES ARISE THAT INDIVIDUAL IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THAT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 FORM 990, PART VI, LINE 15: THE ATTORNEY GENERAL FOR THE STATE OF CALIFORNIA IS ADVISED OF TRUSTEE COMPENSATION AND THE STATE OF CALIFORNIA SUPERIOR COURT REVIEWS AND APPROVES THE COMPENSATION. ADDITIONALLY, AN ANNUAL ANALYSIS OF THE TRUSTEE COMPENSATION IS COMPLETED BY AN INDEPENDENT CONSULTANT. THE TRUSTEES COMPILE EXECUTIVE MANAGEMENT COMPENSATION DATA FROM SALARY SURVEYS, NON-PROFIT FORM 990'S AND OTHER SOURCES ON ORGANIZATIONS THAT ARE COMPARABLE IN SIZE AND COMPLEXITY TO THE INSTITUTES. THE TRUSTEES APPROVE COMPENSATION FOR THE PRESIDENT AND EXECUTIVE DIRECTOR USING THIS DATA AS A GUIDELINE AND CONTEMPORANEOUS DOCUMANTATION OF THE PROCESS IS MADE. THE INSTITUTES PRESIDENT AND EXECUTIVE DIRECTOR UTILIZE SIMILAR RESOURCES AS GUIDELINES WHEN APPROVING COMPENSATION FOR THE INSTITUTES KEY EMPLOYEES, OTHER OFFICERS AND DIRECT REPORTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND ORGANIZATIONAL DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -7,586,598. COMMONFUND V K-1 UBIT INCOME ALLOCATION -4,116. COMMONFUND VI K-1 UBIT INCOME ALLOCATION -54. OTHER RECONCILING ITEM -181,392. CONSOLIDATING GRE - NET REVENUE -1,292,736. TOTAL TO FORM 990, PART XI, LINE 5: -9,064,896. 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