2012-07-26T12:50:55-07:00 2011-12-31 990 2011-01-01 141401413 TRUDEAU INSTITUTE INC TRUD 5188913080 154 Algonquin Avenue Saranac Lake NY 12983 Lisa Shovan 5188913080 2012-07-26 2011 2016-02-24 21:20:13Z Lisa M Shovan 154 Algonquin Avenue Saranac Lake NY 12983 11473318 0 X www.trudeauinstitute.org X 1889 NY Trudeau Institute's mission is to understand the body's immune system by conducting experimental studies at the frontiers of knowledge. That understanding is vital to progress in strengthening our bodies' ability fight life-threatening infections, inflammatory diseases and cancer. Discoveries about the intricate workings of the immune system apply not to just a single disease but to a vast array of human afflictions. The list of diseases critically involving the immune system is extensive: tuberculosis, influenza, arthritis, asthma, sepsis, colitis, multiple sclerosis among many others, and includes cancer. Progress toward fighting these diseases and finding cures for them requires an in-depth understanding of the workings of the immune system. Scientists at the Trudeau Institute focus exclusively on understanding the roles of the immune system in health and disease. 20 17 144 0 0 0 14717626 10591636 0 558165 636967 -49655 45877 15226136 11274480 0 0 0 0 9408658 8299824 1131 36000 511495 8346376 7579699 17756165 15915523 -2530029 -4641043 56482558 49719887 10027681 9104833 46454877 40615054 Trudeau Institute is an independent, not-for-profit research organization with a scientific mission to make breakthrough discoveries leading to improved human health. Trudeau researchers are identifying the basic mechanisms used by the immune system to combat cancer and infectious diseases, such as influenza and tuberculosis, so better vaccines and therapies are developed. 0 0 12715458 10256688 10256688 The Trudeau Institute is a world-renowned leader in the effort to better understand the immune system for the purpose of preventing and treating human diseases. Our expertise and enthusiasm for modeling infection, immunity, vaccination, inflammation and sepsis have led to many pioneering discoveries. Mouse models currently studied at the Institute include influenza, parainfluenza, influenza-associated bacterial pneumonia, bacterial sepsis, pneumonic plague, tuberculosis, toxoplasmosis, and chronic herpesvirus infection. In 2011, the Trudeau Institute continued its research in the areas of immunology and infectious disease. The research programs were supported by grants from the National Institute of Health, the Department of Defense, several subcontracts through universities and from foundations. The Trudeau research staff published seventeen (17) articles in thirteen (13) leading journals such as, Journal Immunology, Nature Immunology, Vaccine, and Mucosal Immunolgy. 0 0 0 12715458 1 0 0 1 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 24 0 1 144 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 17 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X Lisa M Shovan 5188913080 154 Algonquin Avenue Saranac Lake NY 12983 Helen Baumeister 2 X 0 0 0 David Beach 2 X 0 0 0 Diana Bourke 2 X 0 0 0 Benjamin Brewster 4 X 0 0 0 Alexander Carden 1 X 0 0 0 Dorothy Federman 1 X 0 0 0 Henry Fenn 4 X 0 0 0 Joseph Fernandez 1 X 0 0 0 Vincent Fischetti 2 X 0 0 0 Holly Hemphill 2 X 0 0 0 Raymond Johnson 4 X 0 0 0 Robert Keet 2 X 0 0 0 Patrick McDonald 1 X 0 0 0 Mauricio Pages 4 X 0 0 0 Linda Powers 1 X 0 0 0 Marcene Sonneborn 2 X 0 0 0 Ursula Trudeau 1 X 0 0 0 Patricia Tsien 4 X 0 0 0 Tielman Van Vleck 1 X 0 0 0 Nelson Pleau 40 X 169350 0 17893 David Woodland 40 X 235436 0 25004 Taras Gach 40 X 178671 0 19222 Edward Pearce 40 X 167207 0 17596 Lisa Shovan 40 X 143400 0 14805 Stephen Smiley 40 X 159906 0 16728 Lawrence Johnson 40 X 137161 0 13679 Marcia Woodland 40 X 143988 0 14637 Markus Mohrs 40 X 130686 0 14084 Andrea Cooper 40 X 129949 0 13807 Robert Donahue 40 X 114714 0 11731 Laura Haynes 40 X 109483 0 11360 1819951 0 190546 12 0 1 0 26220 0 0 0 10020404 545012 1280 10591636 0 0 0 0 0 579093 0 0 579093 0 0 0 0 20519 0 0 20519 211207 0 189617 0 21590 0 21590 21590 0 0 9379 57716 9221 0 158 57716 57874 57874 0 0 0 Editorial Services 541700 2393 0 0 2393 Vending Machine Revenue 900099 115 0 0 115 Class Litigation Settlement Procceeds 900001 772 0 0 772 488 0 0 488 3768 11274480 79464 0 603380 0 0 0 0 0 0 0 0 1103915 331769 544694 227452 0 0 0 0 5539184 2572496 2902690 63998 526543 239229 283784 3530 761703 287285 465363 9055 368479 160111 203782 4586 499287 0 397730 101557 68886 0 68886 0 64915 0 64915 0 5434 0 540 4894 36000 36000 34549 0 34549 0 197781 0 194240 3541 0 0 0 0 177191 0 168806 8385 111933 0 109615 2318 0 0 0 0 1446778 0 1446778 0 131703 0 93399 38304 0 0 0 0 90385 64898 25487 0 133985 0 133985 0 0 0 0 0 1719986 1135191 584795 0 0 0 0 0 Purchase Technical Services 658631 2242997 -1585736 1370 Laboratory supplies 1738162 1413981 324181 0 Facility repair and maintenance 433129 0 433129 0 Allocation of indirect cost centers 0 4260048 -4260048 0 66964 7453 53006 6505 15915523 12715458 2688570 511495 0 0 79416 407300 1152230 686424 16480 29786 0 0 0 0 0 0 346292 371321 200995 159148 44631517 19486219 26485106 25145298 0 0 28097015 22771535 0 0 105024 149075 0 0 56482558 49719887 979148 940498 0 0 43533 19335 5980000 5420000 0 0 0 0 2775000 2475000 250000 250000 0 10027681 9104833 X 37706971 32027678 40560 7717 8707346 8579659 46454877 40615054 56482558 49719887 X -4641043 -1198780 X 0 1 1 X 1 1 X 10877867 14847356 13822962 14717627 10591636 64857448 0 0 0 0 0 0 0 0 0 0 0 0 10877867 14847356 13822962 14717627 10591636 64857448 0 64857448 1053904 782075 677812 480561 481029 3475381 0 0 0 0 0 0 249473 196912 139772 143579 121863 851599 69184428 806670 0.93746 0.931 X Other income consists of income generated from four (4) trusts held in perpetuity by third parties of which Trudeau Institute has whole or part interest in. Also included is minimal income proceeds from class action litigation settlements related to endowment investments; income from vending machine, science publication editing and sale of institute literature. 0 1 0 0 0 0 1 4644 0 1 790 5434 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 (1) Trudeau Institute is a member of the Association of Independent Research Institutes (AIRI), which is a nationwide association of approximately 85 independent, not-for-profit research institutes. Fifteen percent of the annual membership dues are applied to AIRI lobbying expenses. AIRI's political efforts continue to address issues related to congressional decisions in regard to funding of the National Institute of Health. (2) In 2011, Trudeau Institute incurred residual fees from the ending engagement of Marsh, Wasserman and McHugh of Albany, New York (Lobbying Firm), who were engaged to raise the profile of the Institute, seeking new funding opportunities and influence legislation at the State level. 24505643 0 -663020 0 4430000 19614 19393009 24848020 0 3219248 0 3545548 16077 24505643 24129050 0 5170366 0 4428870 22526 24848020 38338078 3311842 -8773348 0 8695691 51831 24129050 0.21 0.27 0.52 1 0 0 132063 132063 0 30142572 8477391 21665181 0 409158 344488 64670 0 13947724 10664340 3283384 0 0 0 0 25145298 0 0 Funds Held In Trusts 3378526 F Endowment - Money Market Funds 512670 F Endowment - Equity Funds 8982078 F Endowment - Fixed Income Mutual Funds 2828778 F Endowment - Equity Securities 2030661 F Endowment - Alternative Investments 5038822 F 22771535 0 0 11274480 15915523 -4641043 -1578005 0 -19614 0 398839 -1198780 -5839823 11464097 0 0 0 0 0 11464097 0 -189617 -189617 11274480 15915523 0 0 0 0 0 15915523 0 0 0 15915523 SchD_P05_S00_L04 Schedule D, Part V, Line 4 The Trudeau Institute endowment consists of three funds established for a variety of purposes, which continues to support the main objective and mission of conducting biomedical research. The term endowment are those assets not subject to donor-imposed stipulations, which may be designated for specific purpose by election of the Board of Trustees. The Board designated (quasi) endowment provides earned income in support of the Institute Director. Income earned in excess of the stated purpose is available for general operations. The permanently restricted endowment is to be maintained in perpetuity to generate income for the Institutes operational needs. SchD_P10_S00_L02 Schedule D, Part X, Line 2 The Institute files a Form 990 annually with the Internal Revenue Service. When annual returns are filed, some tax positions taken are highly certain to be sustained upon examination by the taxing authorities, while other tax positions are subject to uncertainty about the technical merits of the positon or amount of position's tax benefit that would ultimately be sustained. Management evaluated the Institute's tax postions, including interest and penalties attributable thereto, and concluded that the Institute had taken no tax positions that required adjustments in its financial statements as of December 31, 2011 and 2010. SchD_P11_S00_L08 Schedule D, Part XI, Line 8 Net realized gains - $369,752; Change in temporarily restricted net assets - ($32,843); Change in permanently restricted net assets - ($127,687); Rental expense - $189,617. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Rental expense - $189,617 X X X 1 Jill Elisofon 1801 S Flagler St West Palm Beach FL 33401 Trudeau Institute engaged consultant for advice, representation, management and implementation of fundraising activities. 0 0 36000 -36000 0 36000 -36000 NY X X X X 0 0 0 0 0 0 0 0 0 David Woodland 235436 0 0 0 0 0 25004 0 8379 0 268819 0 0 0 Taras Gach 178671 0 0 0 0 0 19222 0 10055 0 207948 0 0 0 Nelson Pleau 169350 0 0 0 0 0 17893 0 9088 0 196331 0 Edward Pearce 167207 0 0 0 0 0 17596 0 8379 0 193182 0 0 0 Stephen Smiley 159906 0 0 0 0 0 16728 0 8367 0 185001 0 0 Marcia Woodland 143988 0 0 0 0 0 14637 0 0 0 158625 0 0 0 Lisa Shovan 143400 0 0 0 0 0 14805 0 0 0 158205 0 0 0 Markus Mohrs 130686 0 0 0 0 0 14084 0 10055 0 154825 0 0 0 Andrea Cooper 129949 0 0 0 0 0 13807 0 10055 0 153811 0 0 Lawrence Johnson 137161 0 0 0 0 0 13679 0 0 0 150840 0 0 0 Robert Donahue 114714 0 0 0 0 0 11731 0 0 0 126445 0 0 0 Laura Haynes 109493 0 0 0 0 0 11360 0 3803 0 124656 0 0 0 Marcia Woodland Spouse of David Woodland, President / Director 143988 Faculty Member Compensation 0 F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 Dr. David Woodland, President and Director is related by marriage to Dr. Marcia Woodland. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b Upon completion of the IRS Form 990 by the Chief Financial Officer, it is reviewed by the Audit Committee. Upon completion of review, it is then forwarded to all members of the Board of Trustees and offically filed with the Internal Revenue Service. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Annually, the Officers Directors and Members of the Board of Trustees receive a copy of the Trudeau Institute Conflict of Interest Policy. Each person is required to sublit a signed certification that they have read, understand and agree to comply with the policy. If there is a disclosure, the Board of Trustees will ascertain the validity of the potential conflict and follow policy for compliance. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The process for determining the compensation for the Director / President was last completed in December 2007 to formulate a five year contract. The process included the use of comparable compensation data for the same position in similar organizations, with review and approval by the Executive Committee of the Board of Trustees. Compensation for the Director was defined through December 31, 2012. The process for determining compansation for all other Officers is completed annually. Determination is based upon benchmark data from similar organizations and requires reveiw and approval by the Director and the Board of Trustees Compensation Committee. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Trudeau Institute provides the public direct access to the most recent audited financial statements through the organization's website. The financial statements are also provided to all regulatory agencies, the federal and state governments and upon request from various interested parties. Financial statements, governing documents and institute policies are in the care of the Treasurer and Secratary and are made available upon request. F990_P11_S00_L05 Form 990, Part XI, Line 5 Net realized gains on investments - $369,752; Unrealized losses on investments - ($1,578,005); Investment fees - ($19,614); Change in temporarily restricted net assets - ($32,843); Change in permanently restricted net assets - ($127,687); Rental expense - $189,617 N/A