2012-07-31T19:46:35-05:00 2011-12-31 910605875 PETERSON SULLIVAN LLP CPA'S 601 UNION ST STE 2300 SEATTLE WA 981012345 990 2011-01-01 611502822 SEATTLE SCIENCE FOUNDATION SEAT 2067326500 550 17TH AVE NO 600 SEATTLE WA 98122 JOAN BLOCK 2067326500 2012-07-27 1 RAYMON G HOLMDAHL P00120599 2063827777 2012-07-27 2011 2016-02-24 21:20:13Z JOAN BLOCK 550 17TH AVE NO 600 SEATTLE WA 98122 5100507 0 X WWW.SEATTLESCIENCEFOUNDATION.ORG X 2006 WA CONTENT. CONNECTIVITY. COLLABORATION.SEATTLE SCIENCE FOUNDATION IS A NON-PROFIT ORGANIZATION DEDICATED TO THE INTERNATIONAL COLLABORATION AMONG PHYSICIANS, SCIENTISTS, TECHNOLOGISTS, ENGINEERS AND EDUCATORS. THE FOUNDATION FOSTERS IMPROVEMENTS IN HEALTH CARE THROUGH PROFESSIONAL MEDICAL EDUCATION, TRAINING, CREATIVE DIALOGUE AND INNOVATION. 7 4 18 0 0 0 1361867 2929212 1689157 2169853 0 -1808 0 1442 3051024 5098699 0 0 0 0 888704 949333 0 0 0 3686498 4039535 4575202 4988868 -1524178 109831 6315023 6808325 8963312 9346783 -2648289 -2538458 X CONTENT. CONNECTIVITY. COLLABORATION.SEATTLE SCIENCE FOUNDATION IS A NON-PROFIT ORGANIZATION DEDICATED TO THE INTERNATIONAL COLLABORATION AMONG PHYSICIANS, SCIENTISTS, TECHNOLOGISTS, ENGINEERS AND EDUCATORS. THE FOUNDATION FOSTERS IMPROVEMENTS IN HEALTH CARE THROUGH PROFESSIONAL MEDICAL EDUCATION, TRAINING, CREATIVE DIALOGUE AND INNOVATION. 0 0 3074417 2169853 THE SEATTLE SCIENCE FOUNDATION IS A NONPROFIT ORGANIZATION DEDICATED TO INTERNATIONAL COLLABORATION AMONG PHYSICIANS, SCIENTISTS, TECHNOLOGISTS, ENGINEERS, AND EDUCATORS. THE FOUNDATION'S TRAINING FACILITIES AND EXTENSIVE INTERNET CONNECTIVITY HAVE BEEN DESIGNED TO FOSTER IMPROVEMENTS IN HEALTH CARE THROUGH PROFESSIONAL MEDICAL EDUCATION, TRAINING, CREATIVE DIALOGUE AND INNOVATION. 3074417 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 1 1 0 0 0 0 0 0 0 0 0 1 51 0 1 18 1 0 0 0 0 0 0 0 0 0 0 X 7 4 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 WA X X RON GRAY ACCOUNTING AND FINANCE 2067326500 550 17TH AVE 600 SEATTLE WA 98122 DAVID SABEY 0.00 X X 0 0 0 MARK REISMAN MD 0.00 X X 0 0 0 ARLAN COLLINS 0.00 X 0 0 0 CHRIS RIVERA 0.00 X 0 0 0 DAVID KING 0.00 X 0 0 0 LEE HOOD PHD 0.00 X 0 0 0 PATRICIA SEWELL 0.00 X X 0 0 0 JOAN BLOCK 40.00 X 209967 0 9515 CURT MINER 40.00 X 237156 0 9415 447123 0 18930 2 0 1 0 JAMES TOWER LLC 12201 TUKWILA BLVD SEATTLE WA 98168 RENT 630151 CLEVELAND CLINIC FOUNDATION PO BOX 931562 CLEVELAND OH 44193 MEDICAL RESEARCH 198636 2 414956 2514256 482156 2929212 COURSE AND EVENT FEES 541700 2169853 2169853 2169853 1808 -1808 -1808 -1808 MISCELLANEOUS 900099 1442 1442 1442 5098699 2169853 0 -366 466052 13169 452883 395107 178424 216683 7626 1683 5943 19412 7888 11524 61136 20896 40240 213 213 13109 13109 40949 40949 25601 21881 3720 37170 7801 29369 101151 64994 36157 702935 460094 242841 106696 95967 10729 16354 9045 7309 483189 483189 858933 657397 201536 15928 15928 LAB MATERIALS & SUPPLIE 1163677 1135577 28100 CONTRACTORS & SUBCONTRA 280746 247886 32860 MISCELLANEOUS 105734 64740 40994 FACULTY HONORARIA 87150 86975 175 4988868 3074417 1914451 0 37693 50012 3047714 4172846 169521 284015 42846 41133 62462 131517 5964861 3836059 2954787 2128802 6315023 6808325 116721 71283 26759 50640 8014149 8484469 805683 740391 8963312 9346783 X -5711884 -6741483 3063595 4203025 -2648289 -2538458 6315023 6808325 109831 0 X X 0 1 1 X 0 X 416100 715134 4837029 1361867 2929212 10259342 416100 715134 4837029 1361867 2929212 10259342 5766129 4493213 1051 1051 1442 1442 10261835 5876069 0.43790 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4303899 2493959 1809940 1660962 1342100 318862 2128802 TENANT IMPROVEMENT ALLOWANCE, NET 378109 DEFERRED LEASE COSTS 362282 740391 5098699 4988868 109831 109831 5173403 74704 74704 5098699 0 5098699 5063572 74704 74704 4988868 0 4988868 X 0 0 0 0 0 0 0 1 0 JOAN BLOCK 190000 0 19967 0 0 0 4988 0 4527 0 219482 0 0 0 CURT MINER 220000 0 17156 0 0 0 4888 0 4527 0 246571 0 0 0 PART I, LINE 7 PERFORMANCE BASED BONUS GRANTED TO CEO AND COO, AMOUNT DETERMINED BASED ON PERFORMANCE AND EXCEPTIONAL WORK/DEDICATION TO THE ORGANIZATION BY THE BOD. SABEY CORPORATION (DAVID SABEY) FUND SSF OPERATIONS X 0 2287345 0 1 1 SABEY CORPORATION (DAVID SABEY) FUND TENANT IMPROVEMENTS LOCATED WITHIN THE FOUNDATION'S LEASE X 3551662 3415126 0 1 1 SABEY CORPORATION (DAVID SABEY) CAPITAL LEASE X 1224179 881095 0 1 1 SABEY CORPORATION (DAVID SABEY) LINE OF CREDIT FOR OPERATING SHORTFALLS X 0 1900903 0 1 1 8484469 SABEY CORPORATION THE OWNER AND CFO OF SABEY CORP SIT ON SSF'S BOARD OF DIRECTORS 630151 RENT 0 X MEDICAL EQUIPMENT USE 2 482156 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 THE BOARD TREASURER IS AN EMPLOYEE OF A COMPANY OWNED BY THE CHAIRMAN OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 8B THE EXECUTIVE COMMITTEE DOES NOT RETAIN MINUTES. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED BY THE ACCOUNTING & FINANCE MANAGER, COO AND CEO. UPON APPROVAL, IT IS SENT TO THE WHOLE BOARD FOR COMMENT/CHANGES. THE TREASURER AND CHAIRMAN WILL REVIEW AND GIVE FINAL APPROVAL IF THERE ARE NO BOARD REQUESTED CHANGES/QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C EACH COMPANY THAT SSF DOES BUSINESS WITH IS REQUIRED TO PROVIDE A W-9. ACCOUNTING CHECKS FOR CONFLICTS OF INTEREST AT THIS TIME. THE BOARD AND EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 FOR THE CEO, THE BOARD CONDUCTED A SURVEY OF SIMILAR POSITIONS AND THE EXECUTIVE COMMITTEE APPROVED CEO'S COMPENSATION. COMPENSATION FOR OTHER KEY EMPLOYEES IS DONE BY THE CEO WITH CHAIRMAN/TREASURER INPUT AND STUDIES ARE COMPLETED BY CHAIRMAN'S HR DEPARTMENT AS NEEDED FOR COMPARATIVE REASONS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.