WHITEHEAD INSTITUTE FOR BIOMEDICAL RESEARCH: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
WHITEHEAD INSTITUTE FOR BIOMEDICAL RESEARCH (EIN 06-1043412)
Tax period
2010-07-01 to 2011-06-30
Filed
2012-05-15
IRS object ID
201241369349302724
Schema version
2010v3.7
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2012-05-15T10:38:36-04:00Timestamp
Tax Period End Date2011-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1PricewaterhouseCoopers LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1125 High StreetAddressLine1
CityBostonCity
StateMAState
ZIP Code02110ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2010-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN061043412EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1WHITEHEAD INSTITUTE FOR BIOMEDICAL RESEARCHBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlWHITNameControl
Phone6172585000Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1NINE CAMBRIDGE CENTERAddressLine1
CityCAMBRIDGECity
StateMAState
ZIP Code021421479ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameSHARON FRANCISName
TitleCONTROLLERTitle
Date Signed2012-05-15DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NamePRICEWATERHOUSECOOPERS LLPName
Phone6175305000Phone
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonDAVID PAGENameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1NINE CAMBRIDGE CENTERAddressLine1
CityCAMBRIDGECity
StateMAState
ZIP Code021421479ZIPCode
FieldValueIRS element (for citing)
Gross Receipts165074482GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.WI.MIT.EDUWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1982YearFormation
State Legal DomicileMAStateLegalDomicile
Activity Or Mission DescriptionSEE SCHEDULE O.ActivityOrMissionDescription
Nbr Voting Members Governing Body17NbrVotingMembersGoverningBody
Nbr Independent Voting Members15NbrIndependentVotingMembers
Total Nbr Employees396TotalNbrEmployees
Total Nbr Volunteers29TotalNbrVolunteers
Total Gross UBI13597TotalGrossUBI
Net Unrelated Business Txbl Income-3NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year32834466ContributionsGrantsPriorYear
Contributions Grants Current Year33803316ContributionsGrantsCurrentYear
Program Service Revenue Prior Year451665ProgramServiceRevenuePriorYear
Program Service Revenue CY488112ProgramServiceRevenueCY
Investment Income Prior Year25066303InvestmentIncomePriorYear
Investment Income Current Year22500934InvestmentIncomeCurrentYear
Other Revenue Prior Year8874219OtherRevenuePriorYear
Other Revenue Current Year9037359OtherRevenueCurrentYear
Total Revenue Prior Year67226653TotalRevenuePriorYear
Total Revenue Current Year65829721TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year27437419SalariesEtcPriorYear
Salaries Etc Current Year28525945SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year766601TotalFundrsngExpCurrentYear
Other Expense Prior Year49295305OtherExpensePriorYear
Other Expenses Current Year40802541OtherExpensesCurrentYear
Total Expenses Prior Year76732724TotalExpensesPriorYear
Total Expenses Current Year69328486TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-9506071RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-3498765RevenuesLessExpensesCY
Total Assets BOY477787129TotalAssetsBOY
Total Assets EOY539050931TotalAssetsEOY
Total Liabilities BOY52320169TotalLiabilitiesBOY
Total Liabilities EOY48672372TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY425466960NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY490378559NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionSEE SCHEDULE O.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense43810758Expense
Revenue488112Revenue
DescriptionBiological & Life Sciences Research Programs, Gene Biomedical research and education to foster the understanding of biological systems, organisms, and processes with the ultimate goal of improving human health and well-being.Description
Total Program Service Expense43810758TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiestrueLobbyingActivities
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArttrueCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentstrueTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiestrueReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetsfalseReportOtherAssets
Report Other LiabilitiestrueReportOtherLiabilities
Report Fin48 FootnotefalseReportFin48Footnote
Independent Audit Financial StmttrueIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchooltrueSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiestrueForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiesfalseFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualsfalseGrantsToIndividuals
Schedule J RequiredtrueScheduleJRequired
Tax Exempt BondstrueTaxExemptBonds
Invest Tax Exempt BondsfalseInvestTaxExemptBonds
Escrow AccountfalseEscrowAccount
On Behalf Of IssuerfalseOnBehalfOfIssuer
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPtrueLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshptrueOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionstrueDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntityfalseRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Info In Schedule O Part VXInfoInScheduleOPartV
Number Forms Transmitted With1096224NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees396NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncometrueUnrelatedBusinessIncome
Form990-T FiledtrueForm990-TFiled
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionsfalseQuidProQuoContributions
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members17NbrVotingGoverningBodyMembers
Number Independent Voting Members15NumberIndependentVotingMembers
Family Or Business RelationshiptrueFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOtrueCompensationProcessCEO
Compensation Process OthertrueCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
States Where Copy Of Return Is FiledMAStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonLAURA SANDERNamePerson
Telephone Number6172585932TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1NINE CAMBRIDGE CENTERAddressLine1
CityCAMBRIDGECity
StateMAState
ZIP Code021421479ZIPCode
FieldValueIRS element (for citing)
Info In Schedule O Part VIIXInfoInScheduleOPartVII

Form990 Part VII Section A Form990PartVIISectionA (25 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationHighest Compensated EmployeeHighestCompensatedEmployee
DR DAVID PAGE
DIRECTOR/PRESIDENT10.0XX30714400
MR ARTHUR BRILL
DIRECTOR/SECRETARY2.0XX000
DR CHARLES ELLIS
DIRECTOR/BOARD CHAIR5.0X000
MS SUSAN WHITEHEAD
DIRECTOR/BOARD VICE CHAIR2.0X000
MR LANDON CLAY
DIRECTOR2.0X000
MS BRIT D'ARBELOFF
DIRECTOR2.0X000
MR JONATHAN GOLDSTEIN
DIRECTOR2.0X000
DR PETER HECHT
DIRECTOR2.0X000
DR PETER KIM
DIRECTOR2.0X000
MR DAVID KOCH
DIRECTOR2.0X000
DR ROBERT LANGER
DIRECTOR2.0X000
DR MARK LAPMAN
DIRECTOR2.0X000
DR PHILLIP SHARP
DIRECTOR2.0X000
MR JOHN WHITEHEAD
DIRECTOR2.0X000
MR PETER WHITEHEAD
DIRECTOR2.0X000
DR NANCY ROSE
DIRECTOR2.0X000
MR NEIL CHAYET
DIRECTOR SINCE SEPT 20102.0X000
MR MARTIN MULLINS
VICE PRESIDENT40.0X365766030561
MS LAURA SANDER
CFO/TREASURER SINCE OCT 201040.0X7196603475
MS KIMBERLY FORNESS
ASSISTANT SECRETARY40.0X87933011853
DR GERALD FINK
MEMBER (FACULTY)40.0294853031372X
DR RUDOLF JAENISCH
MEMBER (FACULTY)40.0256846036796X
DR HIDDE PLOEGH
MEMBER (FACULTY)40.0266433029107X
DR HAZEL SIVE
MEMBER (FACULTY)40.0247722028233X
DR TERRY ORR-WEAVER
MEMBER (FACULTY)40.0247591025158X
FieldValueIRS element (for citing)
Total Reportable Comp From Org2146254TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation196555TotalOtherCompensation
Number Individuals GT100 K37NumberIndividualsGT100K
Formers ListedfalseFormersListed
Total Comp GT150 KtrueTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
WILLIAMS CONNOLLY LLP
725 TWELFTH ST NWWASHINGTONDC20005LEGAL COUNSEL3218489
CAPITAL GUARDIAN TRUST COMPANY
120 SOUTH COLLEGE BOULEVARDBREACA92821INVESTMENT MANAGER2143107
SIENNA CONSTRUCTION CORP
25 BIRCH STREETCAMBRIDGEMA02138CONTRACTING SERVICES805801
THE INVESTMENT FUND FOR FOUNDATIONS
200 CARR HARBOR DR STE 100WEST CONSHOHOCKENPA19428INVESTMENT MANAGER629676
BAIN CAPITAL
111 HUNTINGTON AVENUEBOSTONMA02199INVESTMENT MANAGER487567
FieldValueIRS element (for citing)
Number Of Contractors GT100 K15NumberOfContractorsGT100K
Government Grants25055526GovernmentGrants
All Other Contributions8747790AllOtherContributions
Noncash Contributions154523NoncashContributions
Total Contributions33803316TotalContributions

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionSCIENTIFIC SERVICESDescription
Business Code900099BusinessCode
Total Revenue Column488112TotalRevenueColumn
Related Or Exempt Function Income488112RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue488112TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column8758776TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue13597UnrelatedBusinessRevenue
Exclusion$8,745,179ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column3549918TotalRevenueColumn
Exclusion$3,549,918ExclusionAmount

Gross Rents GrossRents

FieldValueIRS element (for citing)
Real7355799Real

Less Rental Expenses LessRentalExpenses

FieldValueIRS element (for citing)
Real4123434Real

Rental Income Or Loss RentalIncomeOrLoss

FieldValueIRS element (for citing)
Real3232365Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column3232365TotalRevenueColumn
Exclusion$3,232,365ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities108855699Securities
Other7786Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities95121327Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities13734372Securities
Other7786Other

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column13742158TotalRevenueColumn
Exclusion$13,742,158ExclusionAmount

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnExclusionExclusionAmount
MIT FACULTY SUPPORT900099800000$800,000
EQUITY TRANSFER REVENUE900099407702$407,702
OTHER9000991047374$1,047,374
FieldValueIRS element (for citing)
Total Other Revenue2255076TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column65829721TotalRevenueColumn
Related Or Exempt Function Income488112RelatedOrExemptFunctionIncome
Unrelated Business Revenue13597UnrelatedBusinessRevenue
Exclusion$31,524,696ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total0Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total0Total

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total0Total

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total0Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total1009603Total
Management And General1009603ManagementAndGeneral

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total19221109Total
Program Services13204300ProgramServices
Management And General5574212ManagementAndGeneral
Fundraising442597Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total1675382Total
Program Services1158150ProgramServices
Management And General477468ManagementAndGeneral
Fundraising39764Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total5227165Total
Program Services3590899ProgramServices
Management And General1515902ManagementAndGeneral
Fundraising120364Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total1392686Total
Program Services934034ProgramServices
Management And General426583ManagementAndGeneral
Fundraising32069Fundraising

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total0Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total1346224Total
Program Services4940ProgramServices
Management And General1341102ManagementAndGeneral
Fundraising182Fundraising

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total950423Total
Management And General950423ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total0Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total0Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total2499741Total
Management And General2499741ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total169836Total
Program Services95251ProgramServices
Management And General69465ManagementAndGeneral
Fundraising5120Fundraising

Advertising Advertising

FieldValueIRS element (for citing)
Total8738Total
Management And General8738ManagementAndGeneral

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total674925Total
Program Services260616ProgramServices
Management And General363851ManagementAndGeneral
Fundraising50458Fundraising

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total524049Total
Program Services260776ProgramServices
Management And General239276ManagementAndGeneral
Fundraising23997Fundraising

Royalties Royalties

FieldValueIRS element (for citing)
Total1080647Total
Management And General1080647ManagementAndGeneral

Occupancy Occupancy

FieldValueIRS element (for citing)
Total3090871Total
Program Services1300219ProgramServices
Management And General1790652ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total449446Total
Program Services341960ProgramServices
Management And General93754ManagementAndGeneral
Fundraising13732Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total584772Total
Program Services129123ProgramServices
Management And General422245ManagementAndGeneral
Fundraising33404Fundraising

Interest Interest

FieldValueIRS element (for citing)
Total1217011Total
Program Services721289ProgramServices
Management And General495722ManagementAndGeneral

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total0Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total8203513Total
Program Services3347092ProgramServices
Management And General4856421ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total122426Total
Management And General122426ManagementAndGeneral

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
LAB SUPPLIES AND EQUIPMENT87321038732103
FELLOWSHIPS4499298444822251076
ANIMAL CARE17058891705889
RESEARCH SUBCONTRACTS16615211661521
EQUIP. PURCH/RENT REPAIR MAINT18231748683199525592296

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total1457934Total
Program Services1046055ProgramServices
Management And General409261ManagementAndGeneral
Fundraising2618Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total69328486Total
Program Services43810758ProgramServices
Management And General24751127ManagementAndGeneral
Fundraising766601Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY2286BOY
EOY2286EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY8772597BOY
EOY5738372EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY2371887BOY
EOY2587735EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY1775612BOY
EOY1961778EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

FieldValueIRS element (for citing)
BOY533671BOY
EOY460307EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
BOY935482BOY
EOY820660EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY1142757BOY
EOY1178165EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis168531827LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec109608160LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY63282690BOY
EOY58923667EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY4178132BOY
EOY45357248EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY393127796BOY
EOY420293272EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY1664219BOY
EOY1727441EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY477787129BOY
EOY539050931EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY4993292BOY
EOY4055869EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY2645071BOY
EOY3263143EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

FieldValueIRS element (for citing)
BOY43044762BOY
EOY39894549EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY1637044BOY
EOY1458811EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY52320169BOY
EOY48672372EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY400298117BOY
EOY463621749EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY21018338BOY
EOY22606305EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY4150505BOY
EOY4150505EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY425466960BOY
EOY490378559EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY477787129BOY
EOY539050931EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses-3498765ReconcilationRevenueExpenses
Reconcilation Other Changes68410364ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited
Audit CommitteetrueAuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit RequiredtrueFederalGrantAuditRequired
Federal Grant Audit PerformedtrueFederalGrantAuditPerformed

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
School170b1 AiiXSchool170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Total Grassroots LobbyingTotalGrassrootsLobbying
Total Direct LobbyingTotalDirectLobbying
Total Lobbying ExpendituresTotalLobbyingExpenditures
Other Exempt Purpose ExpendituresOtherExemptPurposeExpenditures
Total Exempt Purpose ExpendituresTotalExemptPurposeExpenditures
Lobbying NontaxableLobbyingNontaxableAmount
Grassroots NontaxableGrassrootsNontaxableAmount
Tot Lobbying Grassroot Minus Non TxTotLobbyingGrassrootMinusNonTx
Tot Lobby Expend Mns Lobbying NontxTotLobbyExpendMnsLobbyingNontx
VolunteersfalseVolunteers
Paid Staff Or ManagementfalsePaidStaffOrManagement
Media AdvertisementsfalseMediaAdvertisements
Mailings MembersfalseMailingsMembers
Publications Or BroadcastfalsePublicationsOrBroadcast
Grants Other OrganizationsfalseGrantsOtherOrganizations
Direct Contact LegislatorsfalseDirectContactLegislators
Rallies DemonstrationsfalseRalliesDemonstrations
Other ActivitiestrueOtherActivities
Other Activities$7,938OtherActivitiesAmount
Total Lobbying Expenditures IIB7938TotalLobbyingExpendituresIIB
Not Described In501c3falseNotDescribedIn501c3

Form990 Schedule C Part IV Form990ScheduleCPartIV

FieldValueIRS element (for citing)
IdentifierLOBBYING ACTIVITIESIdentifier
ExplanationTHE INSTITUTE BELONGS TO MEMBER ORGANIZATIONS WHICH MAY ENGAGE IN LOBBYING ACTIVITIES. AMOUNT REPORTED IN PART II-B, LINE 1I REPRESENTS THE ENTIRE AMOUNT OF DUES PAID.Explanation

Schedule D IRS990ScheduleD

Art Public Exhibition Amts ArtPublicExhibitionAmts

FieldValueIRS element (for citing)
Assets In Part X297167AssetsInPartX
FieldValueIRS element (for citing)
Held Works Of Art AmtsHeldWorksOfArtAmts
Collect Used For Public ExhibitionXCollectUsedForPublicExhibition
Solicited Assets For SalefalseSolicitedAssetsForSale

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance332500341BeginningOfYearBalance
Investment Earnings Or Losses75450746InvestmentEarningsOrLosses
Other Expenditures17175000OtherExpenditures
End Of Year Balance390776087EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance309747030BeginningOfYearBalance
Investment Earnings Or Losses40934311InvestmentEarningsOrLosses
Other Expenditures18181000OtherExpenditures
End Of Year Balance332500341EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance397020184BeginningOfYearBalance
Investment Earnings Or Losses-71844246InvestmentEarningsOrLosses
Other Expenditures16136371OtherExpenditures
End Of Year Balance309039567EndOfYearBalance
FieldValueIRS element (for citing)
Board Designated EOY Balance0.99000BoardDesignatedEOYBalance
Permanent Endowment EOY Balance0.01000PermanentEndowmentEOYBalance
Endowments Held By Unrelated OrgsfalseEndowmentsHeldByUnrelatedOrgs
Endowments Held By Related OrgsfalseEndowmentsHeldByRelatedOrgs

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis3977500OtherCostOrOtherBasis
Book Value3977500BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis86024079OtherCostOrOtherBasis
Depreciation50906740Depreciation
Book Value35117339BookValue

Leasehold Improvements LeaseholdImprovements

FieldValueIRS element (for citing)
Other Cost Or Other Basis33818293OtherCostOrOtherBasis
Depreciation25372077Depreciation
Book Value8446216BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis44369759OtherCostOrOtherBasis
Depreciation33329343Depreciation
Book Value11040416BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis342196OtherCostOrOtherBasis
Book Value342196BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings58923667TotalOfBookValueLandBuildings
Financial DerivativesFinancialDerivatives
Closely Held Equity InterestsCloselyHeldEquityInterests

Other Securities OtherSecurities (8 entries)

DescriptionDescriptionBook ValueBookValueMethod Of ValuationMethodOfValuation
GLOBAL/EMERGING MKT EQ. SEC.212357764F
ABSOLUTE INCOME EQUITY SECURIT53465365F
EMERGING MKTS DEBT SECURITIES33538196F
HEDGE FUNDS - ABSOLUTE RETURN43217702F
PRIVATE EQUITY- FUNDS OF FUNDS24671647F
PRIVATE EQUITY - INDUSTRY/VAR30647624F
PRIVATE EQUITY - REAL ESTATE22220335F
CASH & CASH EQUIVALENTS174639F
FieldValueIRS element (for citing)
Total Of Book Value Securities420293272TotalOfBookValueSecurities
Federal Income Tax Liability0FederalIncomeTaxLiability

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionPOST RETIREMENT HEALTH BENEFITSDescription
Amount$1,458,811Amount
FieldValueIRS element (for citing)
Total Of Amounts1458811TotalOfAmounts
Total Revenue65829721TotalRevenue
Total Expenses69328486TotalExpenses
Excess Or Deficit For Year-3498765ExcessOrDeficitForYear
Net Unrealized GL On Investments68208006NetUnrealizedGLOnInvestments
Other$202,358OtherAmount
Total Adjustments68410364TotalAdjustments
Excess Or Deficit Per FS64911599ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt138161161TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments68208006NetUnrealizedGainsInvestments
Other Revenues4123434OtherRevenues
Revenue Not Rptd F99072331440RevenueNotRptdF990
Revenue Subtotal65829721RevenueSubtotal
Total Revenue Per Form99065829721TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt73451920TotExpensesEtcAuditedFinclStmt
Other Expenses Included4123434OtherExpensesIncluded
Expenses Not Rptd F9904123434ExpensesNotRptdF990
Expenses Subtotal69328486ExpensesSubtotal
Total Expenses Per Form99069328486TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

FieldValueIRS element (for citing)
IdentifierCOLLECTIONSIdentifier
Return ReferenceSCHEDULE D, PART III, LINE 4ReturnReference
ExplanationTHE INSTITUTE'S ART COLLECTION WAS PURCHASED WITH A GIFT FROM ITS FOUNDER, EDWIN C. WHITEHEAD. THE COLLECTION CONSISTS OF 77 ARTWORKS EXECUTED IN OIL, ACRYLIC, WATERCOLOR AND MIXED MEDIA, PRINTS AND PHOTOGRAPHY. THE COLLECTION'S PURPOSE IS TO HELP CREATE/FOSTER A STIMULATING ENVIRONMENT THAT PROMOTES AN INNOVATIVE CULTURE TO ACHIEVE THE MISSION OF THE INSTITUTE. ENDOWMENT SCHEDULE D, PART V, LINE 4 THE INSTITUTE'S ENDOWMENT FUNDS ARE USED TO UNDERWRITE THE RESEARCH PROGRAM OF THE INSTITUTE AS WELL AS TO FUND THE ADMINISTRATION AND OPERATION OF THE INSTITUTE. THE INSTITUTE HAS ADOPTED ENDOWMENT INVESTMENT AND SPENDING POLICIES THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO THE INSTITUTE'S MISSION, SUPPORTED BY ITS ENDOWMENT, WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF ENDOWMENT ASSETS. THESE POLICIES DETERMINE THE AMOUNT THAT MAY BE DRAWN FROM ITS ENDOWMENT FUNDS. THE INSTITUTE DRAWS FUNDS FOR OPERATIONS, AS APPROVED BY THE BOARD, FROM TOTAL INVESTMENTS. FIN 48 SCHEDULE D, PART X THE INSTITUTE HAS BEEN DESIGNATED, FOR TAX PURPOSES, AS A PUBLICLY SUPPORTED EDUCATIONAL INSTITUTE UNDER SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE. THE INSTITUTE COMPLIES WITH AUTHORITATIVE GUIDANCE AND ACCOUNTING FOR AND DISCLOSURE OF UNCERTAINTY IN TAX POSITIONS. SCHEDULE D, PART XI, LINE 8 LOSS ON DISPOSAL OF FIXED ASSETS (589,437) POSTRETIREMENT RELATED CHANGE 791,795 ---------- TOTAL 202,358 SCHEDULE D, PART XII, LINE 2D RENTAL EXPENSES - 4,123,434 SCHEDULE D, PART XIII, LINE 2D RENTAL EXPENSES - 4,123,434Explanation

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmttrueNondiscriminatoryPolicyStmt
Policy Statement In Brochures EtctruePolicyStatementInBrochuresEtc
Policy Publ Via Broadcast MediatruePolicyPublViaBroadcastMedia
Maint Racial Composition RecordstrueMaintRacialCompositionRecords
Maint Scholarships RecordstrueMaintScholarshipsRecords
Maint Copies Of Brochures EtctrueMaintCopiesOfBrochuresEtc
Maint Copies Of All SolicitationstrueMaintCopiesOfAllSolicitations
Discriminate Race Students RightsfalseDiscriminateRaceStudentsRights
Discriminate Race Admiss PoliciesfalseDiscriminateRaceAdmissPolicies
Discriminate Race Emplmn FacultyfalseDiscriminateRaceEmplmnFaculty
Discriminate Race ScholarshipsfalseDiscriminateRaceScholarships
Discriminate Race Educ PoliciesfalseDiscriminateRaceEducPolicies
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFclts
Discriminate Race Athletic ProgfalseDiscriminateRaceAthleticProg
Discriminate Race Other ActyfalseDiscriminateRaceOtherActy
Government Financial Aid ReceivedtrueGovernmentFinancialAidReceived
Government Financial Aid RevokedfalseGovernmentFinancialAidRevoked
Compliance With Rev Proc7550trueComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)

IdentifierIdentifierExplanationExplanation
SCHEDULE E, LINE 3NOTICE OF THE NON-DISCRIMINATORY POLICY IS PUBLISHED ANNUALLY IN THE SUNDAY EDUCATION SECTION OF THE BOSTON GLOBE. ALSO, ALL JOB POSTINGS LISTED ON THE INSTITUTE'S EXTERNAL WEBSITE STATE THAT THE INSTITUTE IS AN EQUAL OPPORTUNITY EMPLOYER.
SCHEDULE E, LINE 6ATHE INSTITUTE RECEIVES RESEARCH GRANTS FROM THE GOVERNMENT.

Schedule F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable

FieldValueIRS element (for citing)
RegionCentral America and the CaribbeanRegion
Number Of Offices0NumberOfOffices
Number Of Employees0NumberOfEmployees
Type Of Activities ConductedInvestmentsTypeOfActivitiesConducted
Total Expenditures31853853TotalExpenditures
FieldValueIRS element (for citing)
Subtotal Number Of Offices0SubtotalNumberOfOffices
Subtotal Number Of Employees0SubtotalNumberOfEmployees
Total Number Of Offices0TotalNumberOfOffices
Total Number Of Employees0TotalNumberOfEmployees
Subtotal Amount Spent31853853SubtotalAmountSpent
Total Amount Spent31853853TotalAmountSpent
Transfer To Foreign CorptrueTransferToForeignCorp
Interest In Foreign TrustfalseInterestInForeignTrust
Own Foreign CorptrueOwnForeignCorp
Passive Foreign Invest CotruePassiveForeignInvestCo
Foreign PartnershiptrueForeignPartnership
Boycott CountriesfalseBoycottCountries

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceXHousingAllowanceOrResidence
Written Policy Re T And E ExpensesfalseWrittenPolicyReTAndEExpenses
Substantiation RequiredtrueSubstantiationRequired
Compensation CommitteeXCompensationCommittee
Form990 Of Other OrganizationsXForm990OfOtherOrganizations
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance PaymentfalseSeverancePayment
Supplemental Nonqual Retire PlanfalseSupplementalNonqualRetirePlan
Equity Based Comp ArrangementfalseEquityBasedCompArrangement
Comp Based On Revenue Of Filing OrgfalseCompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related OrgsfalseCompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing OrgfalseCompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate OrgsfalseCompBasedNetEarningsRelateOrgs
Any Non Fixed PaymentstrueAnyNonFixedPayments
Initial Contract ExceptionfalseInitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (7 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
DR DAVID PAGE
000030714400000307144000
MR MARTIN MULLINS
28899807000006768027839027220396327000
DR GERALD FINK
28068400014169027839035330326225000
DR RUDOLF JAENISCH
2482430008603027839089570293642000
DR HIDDE PLOEGH
21932600047107025166039410295540000
DR HAZEL SIVE
19409300053629023292049410275955000
DR TERRY ORR-WEAVER
19609800051493022189029690272749000

Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
SCHEDULE J, PART I, LINES 1A AND 1BDAVID PAGE RECEIVES A HOUSING ALLOWANCE. NO WRITTEN POLICY IS CURRENTLYIN PLACE, HOWEVER THE BOARD APPROVED HOUSING ALLOWANCE IS PART OF THE COMPENSATION PACKAGE FOR THE DIRECTOR OF THE INSTITUTE.
SCHEDULE J, PART I, LINE 7 AND PART II, COLUMN (B)(ii)THE BONUS REPORTED IN COLUMN B(ii) REPRESENTS A NON-FIXED PAYMENT IN RECOGNITION OF MEETING CERTAIN PERFORMANCE GOALS FOR CALENDAR YEARS 2009 AND 2010.

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1MHEFA (2008 LOAN)BusinessNameLine1
FieldValueIRS element (for citing)
Issuer EIN042456011IssuerEIN
CUSIP Number57585KA57CUSIPNumber
Date Issued2008-10-30DateIssued
Issue Price4000000IssuePrice
Description Of PurposeEQUIPMENT PURCHASESDescriptionOfPurpose
DefeasedfalseDefeased
On Behalf Of IssuerfalseOnBehalfOfIssuer
Pool FinancingtruePoolFinancing

Form990 Schedule K Part II Form990ScheduleKPartII

FieldValueIRS element (for citing)
Amount Retired1440263AmountRetired
Total Proceeds4000000TotalProceeds
Issuance Costs From Proceeds30263IssuanceCostsFromProceeds
Capital Expenditures3969737CapitalExpenditures
Year Of Subst Completion2011YearOfSubstCompletion
Current RefundingfalseCurrentRefunding
Advance RefundingfalseAdvanceRefunding
Final Allocation MadetrueFinalAllocationMade
Adequate Books And Recds MaintaindtrueAdequateBooksAndRecdsMaintaind

Form990 Schedule K Part III Form990ScheduleKPartIII

FieldValueIRS element (for citing)
Owning Bond Financed PropertyfalseOwningBondFinancedProperty
Any Lease ArrangementsfalseAnyLeaseArrangements
Mngment Cntrct Bond Financd PrprtyfalseMngmentCntrctBondFinancdPrprty
Any Research AgreementsfalseAnyResearchAgreements
Bond Counsel Routinely EngagedfalseBondCounselRoutinelyEngaged
Prcntge Prvt Business Use By Others0.00000PrcntgePrvtBusinessUseByOthers
Percentage Of Prvt Business Re UBI0.00000PercentageOfPrvtBusinessReUBI
Total Private Business Use0.00000TotalPrivateBusinessUse
Post Issuance Compliance ProcdrstruePostIssuanceComplianceProcdrs

Form990 Schedule K Part IV Form990ScheduleKPartIV

FieldValueIRS element (for citing)
Form8038 T FiledtrueForm8038TFiled
Variable Rate IssuefalseVariableRateIssue
Hedge Identified In Books And RecdsfalseHedgeIdentifiedInBooksAndRecds
Gross Proceeds Invested In GICfalseGrossProceedsInvestedInGIC
Gross Proceeds InvestedfalseGrossProceedsInvested
Exception To RebatefalseExceptionToRebate

Form990 Schedule K Part V Form990ScheduleKPartV

FieldValueIRS element (for citing)
IdentifierSEE SCHEDULE O.Identifier

Schedule L IRS990ScheduleL

Loan Table LoanTable (2 entries)

Purpose Of LoanPurposeOfLoanLoan From OrganizationLoanFromOrganizationOriginal PrincipalOriginalPrincipalAmountBalance DueBalanceDueDefaultDefaultApproved By BoardApprovedByBoardWritten AgreementWrittenAgreement
DAVID PAGE -
MORTGAGE ASSISTANCEX$350,000254057falsetruetrue
HIDDE PLOEGH -
MORTGAGE ASSISTANCEX$350,000206250falsetruetrue
FieldValueIRS element (for citing)
Total Balance Due460307TotalBalanceDue

Form990 Schedule L Part IV Form990ScheduleLPartIV

Name Of Interested Person NameOfInterestedPerson

FieldValueIRS element (for citing)
Name PersonMERCK CO INCNamePerson
FieldValueIRS element (for citing)
RelationshipDIRECTOR IS OFFICERRelationship
Amount Of Transaction140000AmountOfTransaction
Description Of TransactionROYALTY PAYMENTS ON PATENTSDescriptionOfTransaction
Sharing Of RevenuesfalseSharingOfRevenues

Schedule M IRS990ScheduleM

FieldValueIRS element (for citing)
Works Of ArtWorksOfArt
Art Historical TreasuresArtHistoricalTreasures
Art Fractional InterestArtFractionalInterest
Books And PublicationsBooksAndPublications
Clothing And Household GoodsClothingAndHouseholdGoods
Cars And Other VehiclesCarsAndOtherVehicles
Boats And PlanesBoatsAndPlanes
Intellectual PropertyIntellectualProperty

Securities Publicly Traded SecuritiesPubliclyTraded

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions8NumberOfContributions
Noncash Contribs Rptd F990154523NoncashContribsRptdF990
Method Of Determining RevenuesAVG OF HI/LOWMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStock
Securities Prtnrshp Trust IntrstsSecuritiesPrtnrshpTrustIntrsts
Securities MiscellaneousSecuritiesMiscellaneous
Qualified Contrib Hist StructQualifiedContribHistStruct
Qualified Contrib OtherQualifiedContribOther
Real Estate ResidentialRealEstateResidential
Real Estate CommercialRealEstateCommercial
Real Estate OtherRealEstateOther
CollectiblesCollectibles
Food InventoryFoodInventory
Drugs And Medical SuppliesDrugsAndMedicalSupplies
TaxidermyTaxidermy
Historical ArtifactsHistoricalArtifacts
Scientific SpecimensScientificSpecimens
Archaeological ArtifactsArchaeologicalArtifacts
Number Of8283 Received0NumberOf8283Received
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeld
Review Process Unusual NC GiftstrueReviewProcessUnusualNCGifts
Third Parties UsedfalseThirdPartiesUsed

Form990 Schedule M Part II Form990ScheduleMPartII

FieldValueIRS element (for citing)
IdentifierSCHEDULE M, COLUMN BIdentifier
ExplanationTHE INSTITUTE IS REPORTING THE NUMBER OF CONTRIBUTIONS.Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (9 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
MISSIONFORM 990, PART I, LINE 1 AND PART III, LINE 1WHITEHEAD INSTITUTE FOR BIOMEDICAL RESEARCH (THE "INSTITUTE") ENGAGES IN BIOMEDICAL RESEARCH AND EDUCATION TO FOSTER THE UNDERSTANDING OF BIOLOGICAL SYSTEMS, ORGANISMS, AND PROCESSES WITH THE ULTIMATE GOAL OF IMPROVING HUMAN HEALTH AND WELL-BEING.
VOLUNTEERSFORM 990, PART I, LINE 6THE INSTITUTE DOES NOT FORMALLY TRACK VOLUNTEERS, BUT HAS INCLUDED THE NUMBER OF BOARD MEMBERS AND COMMITTEE MEMBERS OF THE BOARD OF ASSOCIATES (FRIENDS OF THE INSTITUTE) THAT ARE UNCOMPENSATED.
RELATIONSHIPSFORM 990, PART VI, LINE 2JOHN, PETER, AND SUSAN WHITEHEAD (ALL DIRECTORS) HAVE A FAMILY RELATIONSHIP AND A BUSINESS RELATIONSHIP.
FORM 990, PART VI, LINE 11BTHE PROCESS FOR THE FORM 990 INCLUDES REVIEW BY SENIOR MANAGEMENT, THE AUDIT COMMITTEE, AND THE INDEPENDENT EXTERNAL TAX CONSULTANTS. THE AUDIT COMMITTEE REVIEWS A DRAFT OF THE RETURN AND THE FULL BOARD RECEIVES A FINAL COPY OF THE FORM 990 BEFORE IT IS FILED.
CONFLICT OF INTEREST POLICYFORM 990, PART VI, LINE 12CPROMPTLY AFTER THE END OF EACH FISCAL YEAR OF THE INSTITUTE (JUNE 30), AND IMMEDIATELY FOLLOWING ELECTION TO THE BOARD FOR THE FIRST TIME, DIRECTORS AND OFFICERS SHALL SUBMIT TO THE VICE PRESIDENT, OR SUCH PERSON AS THE DIRECTOR MAY DESIGNATE, A COMPLETED DISCLOSURE STATEMENT REPORTING INFORMATION SPECIFICALLY REQUESTED IN THE STATEMENT AND ALSO REPORTING ON BEHALF OF THEMSELVES, THEIR FAMILY MEMBERS, AND ORGANIZATIONS WITH WHICH THEY HAVE A BUSINESS RELATIONSHIP, ANY ACTUAL OR PLANNED BUSINESS OR OTHER TRANSACTION OR RELATIONSHIP THAT DIRECTLY OR INDIRECTLY INVOLVES THE INSTITUTE OR THAT FOR SOME OTHER REASON COULD BE CONSTRUED AS A CONFLICT OF INTEREST BECAUSE IT MIGHT AFFECT THEIR INDEPENDENT, UNBAISED JUDGEMENT WHEN CARRYING OUT THEIR DUTIES FOR THE INSTITUTE. IF A MATTER COMES BEFORE THE BOARD OR ANY COMMITTEE OF THE BOARD, IN WHICH A DIRECTOR HAS AN INTEREST (EITHER DIRECTLY OR INDIRECTLY), SUCH DIRECTOR SHOULD WITHDRAW FROM DISCUSSION AND VOTING WHEN THE BOARD OR COMMITTEE ACTS ON SUCH MATTER. CONFLICTS OF INTEREST ARE MONITORED BY THE VICE PRESIDENT AND DIRECTOR WHO ADVISES THE CHAIRMAN OF THE BOARD.
FORM 990, PART VI, LINE 15THERE IS A COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS THAT ANNUALLY REVIEWS AND RECOMMENDS CHANGES OF THE PRESIDENT'S SALARY. FACULTY SALARIES ARE SET BY MIT YEARLY. ALL OTHER OFFICER SALARIES ARE PART OF A RAISE POOL THAT IS DETERMINED ANNUALLY AND APPROVED BY THE BOARD OF DIRECTORS AS PART OF THE BUDGET APPROVAL PROCESS.
AVAILABILITY OF DOCUMENTSFORM 990, PART VI, LINE 19THE INSTITUTE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE ON REQUEST.
FORM 990, PART XI, LINE 5NET UNREALIZED GAINS 68,208,006 LOSS ON DISPOSAL OF FIXED ASSETS (589,437) POSTRETIREMENT RELATED CHANGE 791,795 ---------- TOTAL 68,410,364
FORM 990, SCHEDULE K, PART IIITHE INSTITUTE HAS DETERMINED THAT ITS MONITORING OF PRIVATE BUSINESS USE IS SUFFICIENT AT THIS TIME BASED ON THE MATERIALITY OF EXTERNAL BILLING AND THE MAKEUP OF ITS EXTERNAL CUSTOMER BASE. SHOULD THE VOLUME OF ACTIVITY AND/OR CHANGES IN CUSTOMER MAKE UP BECOME SIGNIFICANT THE INSTITUTE WILL RE-EVALUATE THE NEED FOR A MORE ADVANCED MONITORING METHOD.

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