STOWERS RESOURCE MANAGEMENT INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- STOWERS RESOURCE MANAGEMENT INC (EIN 41-2186719)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-08-10
- IRS object ID
- 201242239349301054
- Schema version
- 2011v1.2
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-08-10T10:53:47-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRICEWATERHOUSECOOPERS LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1301 K STREET NW STE 800W | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 200053333 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 412186719 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STOWERS RESOURCE MANAGEMENT INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % J SCOTT PETTET | InCareOfName |
| Name Control | STOW | NameControl |
| Phone | 8169264000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 EAST 50TH STREET | AddressLine1 |
| City | KANSAS CITY | City |
| State | MO | State |
| ZIP Code | 64110 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD W BROWN | Name |
| Title | PRESIDENT/ CEO | Title |
| Date Signed | 2012-08-09 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2024141000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | RICHARD W BROWN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 EAST 50TH STREET | AddressLine1 |
| City | KANSAS CITY | City |
| State | MO | State |
| ZIP Code | 64110 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 309237864 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.STOWERS.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2005 | YearFormation |
| State Legal Domicile | DE | StateLegalDomicile |
| Activity Or Mission Description | STOWERS RESOURCE MANAGEMENT'S EXEMPT PURPOSE IS TO SUPPORT, BENEFIT AND CARRY OUT THE PURPOSES OF ITS SUPPORTED ORGANIZATIONS.THOSE EXEMPT ORGANIZATIONS PERFORM RESEARCH IN BASIC CELL AND MOLECULAR BIOLOGY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 14 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 5 | NbrIndependentVotingMembers |
| Total Nbr Employees | 137 | TotalNbrEmployees |
| Total Nbr Volunteers | 8 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 31583400 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 42019514 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 18043455 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 17223930 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 45959941 | InvestmentIncomePriorYear |
| Investment Income Current Year | 142820848 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 52613 | OtherRevenuePriorYear |
| Other Revenue Current Year | 141804 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 95639409 | TotalRevenuePriorYear |
| Total Revenue Current Year | 202206096 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 30000000 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 79507600 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 13731310 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 14669388 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 536023 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 13080098 | OtherExpensePriorYear |
| Other Expenses Current Year | 13006408 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 56811408 | TotalExpensesPriorYear |
| Total Expenses Current Year | 107183396 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 38828001 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 95022700 | RevenuesLessExpensesCY |
| Total Assets BOY | 1070677881 | TotalAssetsBOY |
| Total Assets EOY | 1072415838 | TotalAssetsEOY |
| Total Liabilities BOY | 222496381 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 210432263 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 848181500 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 861983575 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | SEE SCHEDULE O | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 16884692 | Expense |
| Grants | 0 | Grants |
| Revenue | 0 | Revenue |
| Description | MANAGEMENT OF ENDOWMENT - SRM PARTICIPATES IN THE MANAGEMENT OF STOWERS INSTITUTE FOR MEDICAL RESEARCH ("SIMR") FOR THE PURPOSE OF FINANCIALLY SUPPORTING SIMR TO INSURE SIMR'S ABILITY TO CONTINUE ITS RESEARCH EFFORTS IN PERPETUITY. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 7236296 | Expense |
| Grants | 0 | Grants |
| Revenue | 0 | Revenue |
| Description | MANAGEMENT, ADMINISTRATIVE AND OPERATION SUPPORT SERVICES - SRM PROVIDES MANAGEMENT SUPPORT TO SIMR THAT INVOLVES ASSISTING IN PLANNING FOR THE STRATEGIC DIRECTION OF SIMR, OPERATIONAL PLANNING, AND DEVELOPMENT AND IMPLEMENTATION OF STRATEGIC BUSINESS PLANS AND BUDGETS. SRM ALSO PROVIDES ADDITIONAL ADMINISTRATIVE AND OPERATION SUPPORT SERVICES TO SIMR THAT INCLUDE HUMAN RESOURCES, ACCOUNTING, INFORMATION TECHNOLOGY, AND OTHER OPERATION SUPPORT ACTIVITIES FOR WHICH SRM ALLOCATED COSTS TO SIMR IN THE AMOUNT OF $17,037,954 IN 2011 AS REPORTED ON PART VIII STATEMENT OF REVENUE LINE 2A, WITH RELATED INFORMATION ON SCHEDULE O. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 79507600 | Expense |
| Grants | 79507600 | Grants |
| Revenue | 0 | Revenue |
| Description | FINANCIAL SUPPORT - SRM MONITORS THE FINANCIAL NEEDS OF SIMR SO SIMR CAN CONDUCT ITS MEDICAL RESEARCH IN THE PUBLIC INTEREST AND MAKES CONTRIBUTIONS TO SIMR TO SUPPORT THEIR MEDICAL RESEARCH ACTIVITIES. THE CONTRIBUTIONS ARE MADE AS DETERMINED BY SRM'S BOARD OF DIRECTORS AFTER REVIEW OF FINANCIAL INFORMATION, BUDGETS, STATEGIES, AND OTHER RELEVANT INFORMATION. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 103628588 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 30 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 137 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 14 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 5 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | J SCOTT PETTET | NamePerson |
| Telephone Number | 8169264000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 EAST 50TH STREET | AddressLine1 |
| City | KANSAS CITY | City |
| State | MO | State |
| ZIP Code | 64110 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (19 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| JAMES E STOWERS JR | |||||||
| DIRECTOR | 2.0 | X | 0 | 0 | 0 | ||
| VIRGINIA G STOWERS | |||||||
| DIRECTOR | 2.0 | X | 0 | 0 | 0 | ||
| JAMES E STOWERS III | |||||||
| DIRECTOR | 2.0 | X | 0 | 0 | 0 | ||
| CLIFFORD W ILLIG | |||||||
| DIRECTOR | 2.0 | X | 0 | 0 | 0 | ||
| ALLAN J HUBER | |||||||
| DIRECTOR | 2.0 | X | 0 | 0 | 0 | ||
| ROBERT E PETERSON | |||||||
| DIRECTOR | 2.0 | X | 0 | 0 | 0 | ||
| GINA KAISER | |||||||
| DIRECTOR | 2.0 | X | 0 | 0 | 0 | ||
| LOWELL C KRUSE | |||||||
| DIRECTOR | 2.0 | X | 0 | 0 | 0 | ||
| WILLIAM B NEAVES | |||||||
| DIRECTOR | 2.0 | X | 0 | 447761 | 49102 | ||
| ROBERT E KRUMLAUF | |||||||
| DIRECTOR | 2.0 | X | 0 | 449339 | 51549 | ||
| DAVID M CHAO | |||||||
| DIRECTOR | 2.0 | X | 0 | 1142746 | 38170 | ||
| RICHARD W BROWN | |||||||
| DIRECTOR/CHAIR/PRESIDENT/CEO | 40.0 | X | 1732640 | 0 | 48262 | X | |
| RODERICK L STURGEON | |||||||
| DIRECTOR/EVP/CFO | 40.0 | X | 1157859 | 0 | 51962 | X | |
| DAVID A WELTE | |||||||
| DIRECTOR/SEC/GENERAL COUNSEL | 40.0 | X | 977117 | 0 | 55297 | X | |
| ALBERZINE FREEMAN | |||||||
| VP OF ADMINISTRATION | 40.0 | 275252 | 0 | 46260 | X | ||
| TIMOTHY JGEARY | |||||||
| HEAD OF OPERATIONS & SERVICES | 40.0 | 195916 | 0 | 48453 | X | ||
| J SCOTT PETTET | |||||||
| DIR OF FINANCE & ACCOUNTING | 40.0 | 172042 | 0 | 42225 | X | ||
| MICHAEL NEWHOUSE | |||||||
| HEAD OF INFORMATION MANAGEMENT | 40.0 | 172854 | 0 | 40493 | X | ||
| STEPHEN L DEGENNARO | |||||||
| DIRECTOR OF TELECOMMUNICATION | 40.0 | 114405 | 0 | 27907 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 4798085 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 2039846 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 499680 | TotalOtherCompensation |
| Number Individuals GT100 K | 10 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| BRYAN CAVE LLP | |||||
| PO BOX 503089 | ST LOUIS | MO | 631503089 | LEGAL SERVICES | 565596 |
| JONATHAN ASSOCIATES | |||||
| 1225 W 60TH TERRACE | KANSAS CITY | MO | 64113 | PROFESSIONAL SRVCS | 261206 |
| PARRIS COMMUNICATIONS | |||||
| 4510 BELLEVIEW SUITE 110 | KANSAS CITY | MO | 64111 | PROFESSIONAL SRVCS | 165117 |
| AMERICAN CENTURY INVESTMENTS | |||||
| 4500 MAIN STREET | KANSAS CITY | MO | 64111 | SEE SCH L, PART V | 1394700 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
| All Other Contributions | 42019514 | AllOtherContributions |
| Noncash Contributions | 10108950 | NoncashContributions |
| Total Contributions | 42019514 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| REIMB. FROM SIMR 501(C)(3) | 900099 | 17025954 | 17025954 |
| REIMB. FROM BVD, RELATED ORG | 900099 | 185976 | 185976 |
| REIMB. FROM SPI, RELATED ORG | 900099 | 12000 | 12000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 17223930 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 142071226 | TotalRevenueColumn |
| Exclusion | $142,071,226 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 21780 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 21780 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 21780 | TotalRevenueColumn |
| Exclusion | $21,780 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 107738390 | Securities |
| Other | 43000 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 106986620 | Securities |
| Other | 45148 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 751770 | Securities |
| Other | -2148 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 749622 | TotalRevenueColumn |
| Exclusion | $749,622 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| MO QUALITY JOBS REIMB | 900099 | 117393 | $117,393 |
| MO TIMELY FILING DISCOUNT | 900099 | 2631 | $2,631 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 120024 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 202206096 | TotalRevenueColumn |
| Related Or Exempt Function Income | 17223930 | RelatedOrExemptFunctionIncome |
| Exclusion | $142,962,652 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 79507600 | Total |
| Program Services | 79507600 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4023137 | Total |
| Program Services | 3620823 | ProgramServices |
| Management And General | 321851 | ManagementAndGeneral |
| Fundraising | 80463 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7661405 | Total |
| Program Services | 6895265 | ProgramServices |
| Management And General | 612912 | ManagementAndGeneral |
| Fundraising | 153228 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1130680 | Total |
| Program Services | 1017612 | ProgramServices |
| Management And General | 90454 | ManagementAndGeneral |
| Fundraising | 22614 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1195187 | Total |
| Program Services | 1075668 | ProgramServices |
| Management And General | 95615 | ManagementAndGeneral |
| Fundraising | 23904 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 658979 | Total |
| Program Services | 593081 | ProgramServices |
| Management And General | 52718 | ManagementAndGeneral |
| Fundraising | 13180 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 585538 | Total |
| Management And General | 585538 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 104966 | Total |
| Management And General | 104966 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5000 | Total |
| Management And General | 5000 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2007231 | Total |
| Program Services | 1806508 | ProgramServices |
| Management And General | 160578 | ManagementAndGeneral |
| Fundraising | 40145 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12878 | Total |
| Program Services | 11590 | ProgramServices |
| Management And General | 1030 | ManagementAndGeneral |
| Fundraising | 258 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 415246 | Total |
| Program Services | 373721 | ProgramServices |
| Management And General | 33220 | ManagementAndGeneral |
| Fundraising | 8305 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 486857 | Total |
| Program Services | 438171 | ProgramServices |
| Management And General | 38949 | ManagementAndGeneral |
| Fundraising | 9737 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3730479 | Total |
| Program Services | 3357431 | ProgramServices |
| Management And General | 298438 | ManagementAndGeneral |
| Fundraising | 74610 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 74809 | Total |
| Program Services | 67328 | ProgramServices |
| Management And General | 5985 | ManagementAndGeneral |
| Fundraising | 1496 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 217509 | Total |
| Program Services | 195758 | ProgramServices |
| Management And General | 17401 | ManagementAndGeneral |
| Fundraising | 4350 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 220265 | Total |
| Program Services | 198239 | ProgramServices |
| Management And General | 17621 | ManagementAndGeneral |
| Fundraising | 4405 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1549798 | Total |
| Program Services | 1394818 | ProgramServices |
| Management And General | 123984 | ManagementAndGeneral |
| Fundraising | 30996 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 276517 | Total |
| Program Services | 87591 | ProgramServices |
| Management And General | 186980 | ManagementAndGeneral |
| Fundraising | 1946 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| MAINTENANCE EXPENSES | 2055650 | 1850085 | 164452 | 41113 |
| OPERATION SUPPLIES | 802789 | 722510 | 64223 | 16056 |
| DUES & SUBSCRIPTIONS | 191352 | 172217 | 15308 | 3827 |
| NON-CAPITAL EQUIPMENT | 170212 | 153191 | 13617 | 3404 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 99312 | Total |
| Program Services | 89381 | ProgramServices |
| Management And General | 7945 | ManagementAndGeneral |
| Fundraising | 1986 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 107183396 | Total |
| Program Services | 103628588 | ProgramServices |
| Management And General | 3018785 | ManagementAndGeneral |
| Fundraising | 536023 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1497588 | BOY |
| EOY | 1269118 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 269265 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5224680 | BOY |
| EOY | 5065980 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 5323366 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 2849545 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3367622 | BOY |
| EOY | 2473821 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 145152311 | BOY |
| EOY | 199811088 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 909194144 | BOY |
| EOY | 857542756 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6241536 | BOY |
| EOY | 5983810 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1070677881 | BOY |
| EOY | 1072415838 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3005374 | BOY |
| EOY | 3225309 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7325000 | BOY |
| EOY | 4850000 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 212166007 | BOY |
| EOY | 202356954 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 222496381 | BOY |
| EOY | 210432263 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 848181500 | BOY |
| EOY | 861983575 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 848181500 | BOY |
| EOY | 861983575 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1070677881 | BOY |
| EOY | 1072415838 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 95022700 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -81220625 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | X | SupportingOrganization509a3 |
| Supporting Org509a3 Type1 | X | SupportingOrg509a3Type1 |
| Certification Checkbox | X | CertificationCheckbox |
| Written IRS Determination | X | WrittenIRSDetermination |
| Contrib By Controlling Individual | false | ContribByControllingIndividual |
| Contribution By Related Party | false | ContributionByRelatedParty |
| Contrib By35 Controlled Entity | false | ContribBy35ControlledEntity |
Supported Org Information SupportedOrgInformation
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STOWERS INSTITUTE FOR MEDICAL RESEARCH | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202993509 | EIN |
| Type Of Organization | 04 | TypeOfOrganization |
| Listed In Governing Doc | true | ListedInGoverningDoc |
| Supported Organization Notified | true | SupportedOrganizationNotified |
| Organized In US | true | OrganizedInUS |
| Amount | $79,507,600 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Supported Orgs | 1 | TotalNumberOfSupportedOrgs |
| Sum Of Amounts | 79507600 | SumOfAmounts |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Current Year Minus3 Years | CurrentYearMinus3Years | |
| Land | Land |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 65863 | OtherCostOrOtherBasis |
| Depreciation | 7258 | Depreciation |
| Book Value | 58605 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5257503 | OtherCostOrOtherBasis |
| Depreciation | 2842287 | Depreciation |
| Book Value | 2415216 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildings | |
| Total Of Book Value Land Buildings | 2473821 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| AMERICAN CENTURY CLASS A SHS | 765511284 | F |
| AVANTI FUND LLC SHARES | 92031472 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 857542756 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ANNUITY DEBT | $202,347,168 |
| OTHER LONG TERM LIABILITIES | $9,786 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 202356954 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART X, LINE 2: | Identifier |
| Explanation | FIN 48 FINANCIAL STATEMENT FOOTNOTE FROM THE CONSOLIDATED STATEMENTS OF STOWERS INSTITUTE FOR MEDICAL RESEARCH (THE INSTITUTE), OF WHICH STOWERS RESOURCE MANAGEMENT, INC. IS A SUBSIDIARY, IS AS FOLLOWS: THE INSTITUTE RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. AS DESCRIBED ABOVE IN NOTE 1, THE INSTITUTE CONSISTS OF FIVE TAX-EXEMPT ENTITIES AS DESCRIBED IN SECTION 501(C)(3) OF THE CODE. THEREORE, IT IS THE INSITUTE'S TAX POSITION THAT THESE FIVE ENTITIES ARE EXEMPT FROM FEDERAL INCOME TAXES. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STOWERS INSTITUTE FOR MEDICAL RESEARCH | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 E 50TH ST | AddressLine1 |
| City | KANSAS CITY | City |
| State | MO | State |
| ZIP Code | 64110 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 202993509 | EINOfRecipient |
| IRC Section | 501(C)(3) | IRCSection |
| Amount Of Non Cash Assistance | 79507600 | AmountOfNonCashAssistance |
| Method Of Valuation | FMV | MethodOfValuation |
| Description Of Non Cash Assistance | MUTUAL FUNDS | DescriptionOfNonCashAssistance |
| Purpose Of Grant | SEE PART IV | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART I, LINE 2: | SRM'S PURPOSE IS TO SUPPORT, BENEFIT, AND CARRY OUT THE PURPOSES OF ITS SUPPORTED ORGANIZATIONS. ALL FINANCIAL SUPPORT IS GIVEN TO SIMR, SRM'S SUPPORTED ORGANIZATION. AS DESCRIBED IN FORM 990,PART III, SRM ALSO PROVIDES OTHER TYPES OF SUPPORT TO SIMR INCLUDING SUPPORTING SIMR'S MANAGEMENT OF THEIR ENDOWMENT, MANAGEMENT, ADMINISTRATIVE, AND OPERATION SUPPORT SERVICES. |
| PART II, LINE 1(H): | FINANCIAL SUPPORT TO ASSIST WITH SUPPORTED ORGANIZATION'S GIFT ANNUITY OBLIGATION AND SCIENTIFIC DISCOVERY. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (10 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WILLIAM B NEAVES | |||||||||||||
| 0 | 440014 | 0 | 0 | 0 | 7747 | 0 | 36750 | 0 | 12352 | 0 | 496863 | 0 | 0 |
| ROBERT E KRUMLAUF | |||||||||||||
| 0 | 445902 | 0 | 0 | 0 | 3437 | 0 | 36750 | 0 | 14799 | 0 | 500888 | 0 | 0 |
| DAVID M CHAO | |||||||||||||
| 0 | 1140406 | 0 | 0 | 0 | 2340 | 0 | 36750 | 0 | 1420 | 0 | 1180916 | 0 | 0 |
| RICHARD W BROWN | |||||||||||||
| 1702671 | 0 | 0 | 0 | 29969 | 0 | 36750 | 0 | 11512 | 0 | 1780902 | 0 | 0 | 0 |
| RODERICK L STURGEON | |||||||||||||
| 1114083 | 0 | 0 | 0 | 43776 | 0 | 36750 | 0 | 15212 | 0 | 1209821 | 0 | 0 | 0 |
| DAVID A WELTE | |||||||||||||
| 947816 | 0 | 0 | 0 | 29301 | 0 | 36750 | 0 | 18547 | 0 | 1032414 | 0 | 0 | 0 |
| ALBERZINE FREEMAN | |||||||||||||
| 271210 | 0 | 0 | 0 | 4042 | 0 | 36750 | 0 | 9510 | 0 | 321512 | 0 | 0 | 0 |
| TIMOTHY JGEARY | |||||||||||||
| 194986 | 0 | 0 | 0 | 930 | 0 | 29957 | 0 | 18496 | 0 | 244369 | 0 | 0 | 0 |
| J SCOTT PETTET | |||||||||||||
| 171525 | 0 | 0 | 0 | 517 | 0 | 26106 | 0 | 16119 | 0 | 214267 | 0 | 0 | 0 |
| MICHAEL NEWHOUSE | |||||||||||||
| 172511 | 0 | 0 | 0 | 343 | 0 | 26009 | 0 | 14484 | 0 | 213347 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART I, LINE 1A: | SRM HAS A WRITTEN EMPLOYMENT CONTRACT WITH RICHARD W. BROWN, PRESIDENT, WHICH PROVISIONS INCLUDE REIMBURSEMENT FOR SOCIAL CLUB DUES AND PERSONAL USE OF AUTO, THESE ARE TREATED AS TAXABLE COMPENSATION. SRM HAS A WRITTEN EMPLOYMENT CONTRACT WITH RODERICK L. STURGEON, EVP/CFO, WHICH PROVISIONS INCLUDE REIMBURSEMENT FOR CERTAIN TAXABLE BENEFITS INCLUDING PERSONAL USE OF AUTO, TERM LIFE INSURANCE, TAX PLANNING AND TAX RETURN FEES, AND FINANCIAL PLANNING SERVICES. SRM HAS A WRITTEN EMPLOYMENT CONTRACT WITH DAVID A. WELTE, EVP/GENERAL COUNSEL, WHICH PROVISIONS INCLUDE REIMBURSEMENT FOR SOCIAL CLUB DUES AND LIFE INSURANCE. THESE ARE ALSO TREATED AS TAXABLE COMPENSATION. THE CONTRACTS ALSO PROVIDE FOR THE EXECUTIVES TO RECEIVE TAX GROSS-UP PAYMENTS SUFFICIENT TO COVER THE TAXES ON THE TAXABLE BENEFITS. |
| PART I, LINE 1B: | SRM PROVIDED THE BENEFITS DESCRIBED IN RESPONSE TO LINE 1A PURSUANT TO WRITTEN EMPLOYMENT CONTRACTS THAT WERE APPROVED BY SRM'S GOVERNING BOARD. SEE RESPONSE TO FORM 990, PART VI, SECTION B, LINE 15 FOR ADDITIONAL PROCESSES RELATED TO DETERMINING SALARY AND BENEFITS FOR OFFICERS. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| HEALTH & ED FACILITIES AUTHORITY OF MO | |||||||
| 431178966 | 60635HUV9 | 2003-07-31 | 215000000 | SEE SCHEDULE O | false | false | false |
| HEALTH & ED FACILITIES AUTHORITY OF MO | |||||||
| 431178966 | 60635HVN6 | 2003-07-31 | 75000000 | SEE SCHEDULE O | false | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Amount RetiredAmountRetired | Amount Bond DefeasedAmountBondDefeased | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Capitalized InterestCapitalizedInterest | Refunding EscrowRefundingEscrow | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Working Capital ExpendituresWorkingCapitalExpenditures | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Amount UnspentAmountUnspent | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 215000000 | 0 | 0 | 0 | 6245200 | 0 | 0 | 208754800 | 0 | 0 | 2000 | true | false | true | true |
| 0 | 0 | 75000000 | 0 | 0 | 0 | 2268638 | 0 | 0 | 72731362 | 0 | 0 | 2005 | false | false | true | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse |
|---|---|---|
| 0.00000 | 0.00000 | 0.00000 |
| 0.00000 | 0.00000 | 0.00000 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Business Name Line1NameOfGICProvider/BusinessNameLine1 | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|---|
| 0 | ||||||
| true | true | false | false | 0 | false | true |
| 0 | ||||||
| true | true | false | false | 0 | false | true |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fed Tax Requirements Compliance | X | FedTaxRequirementsCompliance |
Form990 Schedule K Part VI Form990ScheduleKPartVI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SEE SCHEDULE O. | Identifier |
| Return Reference | 0 | ReturnReference |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | AMERICAN CENTURY INVESTMENTS | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | SEE PART V | Relationship |
| Amount Of Transaction | 1394700 | AmountOfTransaction |
| Description Of Transaction | INDIRECT - SEE PART V | DescriptionOfTransaction |
| Sharing Of Revenues | false | SharingOfRevenues |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART IV | Identifier |
| Explanation | RICHARD W. BROWN, DAVID A. WELTE, AND RODERICK L. STURGEON ARE CURRENT DIRECTORS AND OFFICERS OF SRM AND ALSO DIRECTORS OF AMERICAN CENTURY COMPANIES, INC. ("ACCI"). JAMES E. STOWERS JR., A DIRECTOR OF SRM, IS ALSO THE FOUNDER OF ACCI. SRM, ALONG WITH MR. STOWERS, OTHER STOWERS FAMILY MEMBERS, AND OTHER RELATED PARTIES DISCLOSED IN SCHEDULE R RETAIN A CONTROLLING VOTING INTEREST IN ACCI. SRM RECEIVES INVESTMENT MANAGEMENT SERVICES FROM AMERICAN CENTURY INVESTMENTS ("ACI"). SRM PAYS THE SAME ADMINISTRATIVE FEES FOR THESE SERVICES AS ANY ARMS-LENGTH MUTUAL FUND INVESTOR. THE VALUE OF THESE SERVICES, ESTIMATED BY MULTIPLYING SRM'S AVERAGE AMOUNT OF MUTUAL FUND HOLDING THROUGHOUT THE YEAR BY THE PUBLISHED ADMINISTRATIVE FEE PERCENTAGE FOR THE APPLICABLE FUNDS, WAS APPROXIMATELY $1,394,700. IN SELECTING ACI TO MANAGE ITS LIQUID INVESTMENTS, SRM NOT ONLY SELECTED A HIGH QUALITY MUTUAL FUND COMPANY WITH AN OUTSTANDING TRACK RECORD, BUT ALSO PLACED ITS LIQUID INVESTMENTS IN A COMPANY IN WHICH IT OWNS STOCK AND RECEIVES DIVIDENDS. SRM CURRENTLY OWNS 47% OF THE OUTSTANDING CLASS A STOCK OF ACI. | Explanation |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty | |
| Securities Publicly Traded | SecuritiesPubliclyTraded |
Securities Closely Held Stock SecuritiesCloselyHeldStock
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 10105950 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | TRIP PACKAGE | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 3000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART I, COLUMN (B): | Identifier |
| Explanation | THE NUMBERS REPORTED IN PART I, COLUMN (B) REPRESENT THE NUMBER OF CONTRIBUTIONS, NOT NECESSARILY THE TOTAL NUMBER OF ITEMS CONTRIBUTED. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (19 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| PART III, LINE 1: | THE STOWERS RESOURCE MANAGEMENT INC. ("SRM") OPERATES EXCLUSIVELY WITHIN THE MEANING OF CODE SECTIONS 501(C)(3) AND 509(A)(3). SRM'S CHARITABLE PURPOSE IS TO SUPPORT, BENEFIT, AND CARRY OUT THE PURPOSES OF ITS SUPPORTED ORGANIZATION. SRM CURRENTLY SUPPORTS STOWERS INSTITUTE FOR MEDICAL RESEARCH ("SIMR"). SIMR IS A TAX EXEMPT ORGANIZATION DESCRIBED IN SECTION 501(C)(3), AND PUBLIC CHARITY DESCRIBED IN SECTIONS 509(A)(1) AND 170(B)(1)(A)(III). SIMR IS ACTIVELY ENGAGED IN SCIENTIFIC RESEARCH IN THE PUBLIC INTEREST. SRM HELPS MANAGE SIMR'S ENDOWMENT, PROVIDES MANAGEMENT SUPPORT, AND FUNDRAISES FOR THEIR BENEFIT. THE MANAGEMENT SUPPORT INVOLVES ASSISTING IN PLANNING FOR THE STRATEGIC DIRECTION OF SIMR, OPERATIONAL PLANNING, DEVELOPMENT, AND IMPLEMENTATION OF STRATEGIC BUSINESS PLANS AND BUDGETS. THE CONTRIBUTIONS, GRANTS, AND INCOME FROM SRM'S ENDOWMENT ARE USED TO SUPPORT THE EXEMPT ACTIVITIES OF SIMR. | |
| PART VI, LINE 2: | JAMES E. STOWERS JR., VIRGINIA G. STOWERS, AND JAMES E. STOWERS III, DIRECTORS OF SRM, HAVE A FAMILY RELATIONSHIP. CLIFFORD W. ILLIG, WILLIAM B. NEAVES, DAVID M. CHAO, RICHARD W. BROWN, AND RODERICK L. STURGEON, ALL DIRECTORS OF SRM, HAVE A BUSINESS RELATIONSHIP; THEY SERVE ON THE BOARD OF BIOMED VALLEY DISCOVERIES, INC. RICHARD W. BROWN, DAVID A. WELTE, AND RODERICK L. STURGEON HAVE A BUSINESS RELATIONSHIP; THEY SERVE ON THE BOARD OF AMERICAN CENTURY COMPANIES, INC. ("ACCI") AS DESCRIBED IN RESPONSE TO SCHEDULE L, PART IV. | |
| PART VI, LINE 6 & 7A: | SIMR IS SRM'S SOLE MEMBER AND ELECTS SRM'S BOARD OF DIRECTORS. | |
| PART VI, LINE 11B: | THE DATA AND INFORMATION NECESSARY TO PREPARE SRM'S FORM 990 IS COMPILED BY THE ACCOUNTING DEPARTMENT AND REVIEWED BY OUR TAX ATTORNEY AT BRYAN CAVE, LLP. PWC, OUR EXTERNAL TAX PREPARERS, USE THIS INFORMATION TO PREPARE THE FORM 990. THE COMPLETED FORM 990, INCLUDING REQUIRED SCHEDULES, IS REVIEWED BY THE OFFICERS OF SRM BEFORE IT IS FILED WITH THE IRS. AFTER THE PREPARATION AND REVIEW PROCESS DETAILED ABOVE, THE FORM 990, INCLUDING REQUIRED SCHEDULES, IS PROVIDED TO EACH VOTING MEMBER OF SRM'S BOARD BEFORE IT IS FILED WITH THE IRS. | |
| PART VI, LINE 12C: | SRM HAS ADOPTED A "CONFLICTS OF INTEREST AND DIRECTOR INDEPENDENCE POLICY". EACH DIRECTOR, OFFICER, AND OTHER PERSON WHO IS IN A POSITION TO EXERCISE SUBSTANTIAL INFLUENCE OVER DECISIONS OF SRM ARE REQUIRED TO ANNUALLY COMPLETE AND SIGN A DISCLOSURE STATEMENT. A COVERED PERSON MUST DISCLOSE THE EXISTENCE OF A POTENTIAL CONFLICT AND ALL MATERIAL FACTS TO THE GOVERNING BOARD AS SOON AS THE PERSON HAS KNOWLEDGE THAT A POTENTIAL CONFLICT MIGHT EXIST. SRM ALSO CONDUCTS PERIODIC AND ADHOC REVIEWS OF TRANSACTIONS AND AGREEMENTS TO ENSURE THAT IT DOES NOT ENGAGE IN ACTIVITIES THAT ARE NOT CONSISTENT WITH ITS TAX-EXEMPT PURPOSE. | |
| PART VI, LINES 15A & 15B: | THE PROCESS FOR DETERMINING THE REASONABLENESS OF THE COMPENSATION FOR SRM'S PRESIDENT, EXECUTIVE VICE-PRESIDENT/CHIEF FINANCIAL OFFICER, AND EXECUTIVE VICE-PRESIDENT/GENERAL COUNSEL INCLUDED RETAINING THE SERVICES OF A NATIONALLY KNOWN COMPENSATION CONSULTANT TO PROVIDE DATA AND ANALYSIS TO DETERMINE COMPARABLE SALARY AND BENEFITS FOR SIMILARLY QUALIFIED PERSONS IN COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. COMPENSATION FOR ALL POSITIONS WAS DOCUMENTED IN EMPLOYMENT CONTRACTS WHICH WERE APPROVED BY THE GOVERNING BODY AS DOCUMENTED IN THE OFFICIAL MINUTES. THE LAST COMPLETED REVIEW PROCESS FOR THE PRESIDENT AND EVP/CFO POSITION WAS IN 2011 AND IN 2009 FOR THE EVP/GENERAL COUNSEL POSITION. ALSO, A REVIEW PROCESS FOR ALL SRM EXECUTIVES WAS COMMENCED IN SPRING 2012. | |
| PART VI, LINE 19: | STOWERS RESOURCE MANAGEMENT INC.'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. | |
| PART VIII, LINE 2A: | SRM RECEIVED EXPENSE REIMBURSEMENTS FROM SIMR, A 501(C)(3) RELATED ORGANIZATION, IN THE AMOUNT OF $17,037,954 FOR SUPPORT SERVICES PROVIDED BY SRM. | |
| PART VIII, LINE 2B: | SRM RECEIVED EXPENSE REIMBURSEMENTS FROM BVD, A RELATED PARTY, IN THE AMOUNT OF $185,976 FOR ADMINISTRATIVE SUPPORT SERVICES PROVIDED BY SRM. SRM ALLOCATED THE COSTS OF PROVIDING THESE SERVICES TO BVD. PART VIII, LINE 2C: SRM RECEIVED EXPENSE REIMBURSEMENTS FROM SPI, A RELATED PARTY, IN THE AMOUNT OF $12,000 FOR SUPPORT SERVICES PROVIDED BY SRM. | |
| PART XI, LINE 5: | RECONCILIATION OF OTHER CHANGES IN NET ASSETS OR FUND BALANCES UNREALIZED GAINS ON MUTUAL FUND INVESTMENTS 432,517; UNREALIZED LOSS ON CLASS A STOCK (92,693,770); EQUITY TRANSFER FROM RELATED 501(C)(2) ORG (NOTE 1) 1,239,830; ANNUITY PAYMENT TO SIMR 30,000,000; ACTUARIAL LOSS ON ANNUITY OBLIGATION (20,199,202); TOTAL OTHER CHANGES IN NET ASSETS (81,220,625) NOTE 1: SRM ACCRUED PASS-THROUGH AMOUNTS OF $1,239,830 FROM STOWERS REAL ESTATE HOLDING CORPORATION ("SREHC"). SREHC REMITTED THE AMOUNT TO SRM IN 2012. SRM IS THE TAX EXEMPT PARENT OF SREHC. SREHC IS A TAX EXEMPT ORGANIZATION UNDER SECTION 501(C) (2) OF THE CODE, AND AS SUCH IS ORGANIZED TO HOLD TITLE TO REAL PROPERTY, COLLECT THE INCOME THEREFROM, AND REMIT THE ENTIRE AMOUNT, LESS EXPENSES AND REASONABLY NECESSARY CASH RESERVES TO ITS TAX EXEMPT PARENT, SRM. SREHC'S PASS-THROUGH NET INCOME COMES FROM THEIR MARCH 1, 2009 LEASE OF REAL PROPERTY TO STOWERS INSTITUTE FOR MEDICAL RESEARCH ("SIMR"); SIMR IS A SUPPORTED ORGANIZATION OF SRM. | |
| SCHEDULE K, $215,000,000 BOND ISSUE SERIES: | PART I, LINE A, COLUMN D - ORIGINAL ISSUE DATE OF JULY 26, 2000, AS FILED ON FORM 8038. MATERIAL MODIFICATION OF BOND INDENTURES WHEN AMENDED TO ALLOW AUCTION RATE PROVISION TREATED AS REISSUANCE UNDER NOTICE 88-130 FOR FEDERAL TAX PURPOSES WITH FORM 8038 FILING ON JULY 31, 2003, SO SRM IS FILING SCHEDULE K. PART I, LINE A, COLUMN F - SRM AND STOWERS INSTITUTE FOR MEDICAL RESEARCH ("SIMR") ARE THE TWO MEMBERS OF AN OBLIGATED BOND GROUP FOR THESE TAX-EXEMPT BONDS; SRM IS A SUPPORTING ORGANIZATION OF SIMR AS DESCRIBED IN SRM'S MISSION STATEMENT AND REPORTED ON SCHEDULE R. THE BONDS WERE ISSUED FOR THE PURPOSE OF PURCHASING AN EXISTING MEDICAL CENTER AND SURROUNDING BUILDINGS, STRIPPING THE STRUCTURES TO THEIR INFRASTRUCTURE AND RECONSTRUCTING A STATE OF THE ART MEDICAL RESEARCH FACILITY FOR SIMR. PART II, LINE 7 - REPORTED ISSUANCE COSTS OF $6,245,000 INCLUDES $4,973,000 IN BOND INSURANCE PREMIUMS AND LIQUIDITY FACILITY FEES. PART II, LINE 10 - BOND ISSUE INCLUDES A REFUNDING OF BOND SERIES ISSUED IN 1998 OF $125,000,000 AND REMAINDER WAS USED TO FINANCE CAPITAL EXPENDITURES AS DESCRIBED IN PART I, COLUMN F. PART II, LINE 14 - $215,000,000 BOND ISSUE OF JULY 26, 2000, WAS PARTIALLY ISSUED TO RETIRE 1998 PRIOR BOND ISSUE OF $125,000,000. THE $125,000,000 BOND ISSUE WAS PAID OFF IN FULL IN OCTOBER 2000. | |
| SCHEDULE K, $75,000,000 BOND ISSUE SERIES: | PART I, LINE B, COLUMN D - ORIGINAL ISSUE DATE OF MARCH 15, 2002, AS FILED ON FORM 8038. MATERIAL MODIFICATION OF BOND INDENTURES WHEN AMENDED TO ALLOW AUCTION RATE PROVISION TREATED AS REISSUANCE UNDER NOTICE 88-130 FOR FEDERAL TAX PURPOSES WITH FORM 8038 FILING ON JULY 31, 2003, SO SRM IS FILING SCHEDULE K. PART I, LINE B, COLUMN F - SRM AND STOWERS INSTITUTE FOR MEDICAL RESEARCH ("SIMR") ARE THE TWO MEMBERS OF AN OBLIGATED BOND GROUP FOR THESE TAX-EXEMPT BONDS; SRM IS A SUPPORTING ORGANIZATION OF SIMR AS DESCRIBED IN SRM'S MISSION STATEMENT AND REPORTED ON SCHEDULE R. THE BONDS WERE ISSUED FOR THE PURPOSE OF INTERIOR FINISH, FURNISHING AND EQUIPPING OF THE SHELL PORTION OF SIMR'S MEDICAL RESEARCH FACILITY THAT IS DESCRIBED ABOVE IN LINE A. PART II, LINE 7 - REPORTED ISSUANCE COSTS OF $2,268,638 INCLUDES $1,720,000 IN BOND INSURANCE PREMIUMS AND LIQUIDITY FACILITY FEES. | |
| SCHEDULE K, PART IV, OTHER BOND INFORMATION: | IN RESPONSE TO THE VOLATILITY IN THE AUCTION RATE SECURITIES (ARS) MARKET, THE SEC'S DIVISION OF TRADING AND MARKETS AND DIVISION OF CORPORATE FINANCE ISSUED GUIDELINES UNDER WHICH THE SEC WOULD ALLOW ISSUERS TO BID ON AND REPURCHASE THEIR OWN SECURITIES. THESE REPURCHASED BONDS ARE NOT LEGALLY RETIRED AND CAN BE RESOLD IN THE ARS MARKET BY THE ISSUER. THE ORGANIZATION, OPERATING WITHIN THESE GUIDELINES, HAS BID ON AND PURCHASED SOME OF THEIR OWN SECURITIES. ALL THE BONDS ARE PLACED UP FOR BID IN WEEKLY ARS AUCTIONS. THE CARRYING AMOUNT OF THE TOTAL BONDS PAYABLE OUTSTANDING AT DECEMBER 31, 2011 IS $4,850,000 AS REPORTED ON FORM 990, PART X, BALANCE SHEET. | |
| HOURS DEVOTED FOR RELATED ORGANIZATION | NAME:WILLIAM B. NEAVES TITLE:DIRECTOR HOURS:44 | FORM 990 PART VII |
| HOURS DEVOTED FOR RELATED ORGANIZATION | NAME:ROBERT E. KRUMLAUF TITLE:DIRECTOR HOURS:40 | FORM 990 PART VII |
| HOURS DEVOTED FOR RELATED ORGANIZATION | NAME:DAVID M. CHAO TITLE:DIRECTOR HOURS:42 | FORM 990 PART VII |
| HOURS DEVOTED FOR RELATED ORGANIZATION | NAME:RICHARD W. BROWN TITLE:DIRECTOR/CHAIR/PRESIDENT/CEO HOURS:10 | FORM 990 PART VII |
| HOURS DEVOTED FOR RELATED ORGANIZATION | NAME:RODERICK L. STURGEON TITLE:DIRECTOR/EVP/CFO HOURS:10 | FORM 990 PART VII |
| HOURS DEVOTED FOR RELATED ORGANIZATION | NAME:DAVID A. WELTE TITLE:DIRECTOR/SEC/GENERAL COUNSEL HOURS:8 | FORM 990 PART VII |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (6 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| STOWERS INSTITUTE FOR MEDICAL RESEARCH | ||||||||||
| 1000 EAST 50TH STREET | KANSAS CITY | MO | 64110 | 203270502 | MEDICAL RSRCH | DE | 501(C)(3) | 4 | NA | false |
| STOWERS REAL ESTATE HOLDING CORPORATION | ||||||||||
| 1000 EAST 50TH STREET | KANSAS CITY | MO | 64110 | 261472230 | TITLE HOLDING | DE | 501(C)(2) | N/A | SRM | true |
| BIOMED VALLEY CORPORATION | ||||||||||
| 1000 EAST 50TH STREET | KANSAS CITY | MO | 64110 | 743238244 | SUPPORT ORG | DE | 501(C)(3) | 11A-TYPE I | SIMR | false |
| STOWERS SCIENTIFIC EDUCATION INSTITUTE | ||||||||||
| 1000 EAST 50TH STREET | KANSAS CITY | MO | 64110 | 205916445 | SUPPORT ORG | DE | 501(C)(3) | 11A-TYPE I | SIMR | false |
| STOWERS POLICY INSTITUTE INC | ||||||||||
| 1000 EAST 50TH STREET | KANSAS CITY | MO | 64110 | 203270502 | SEE PART VII | DE | 501(C)(4) | N/A | SIMR | false |
| THE GRADUATE SCHOOL OF SIMR | ||||||||||
| 1000 EAST 50TH STREET | KANSAS CITY | MO | 64110 | 274482762 | EDUCATION | DE | 501(C)(3) | 2 | SIMR | false |
Form990 Schedule R Part III Form990ScheduleRPartIII
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AVANTI FUND LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 418210 | AddressLine1 |
| City | KANSAS CITY | City |
| State | MO | State |
| ZIP Code | 64111 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 205617851 | EIN |
| Primary Activity | INVESTING | PrimaryActivity |
| Legal Domicile State | MO | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | EXCLUDED | PredominantIncomeType |
| Share Of Total Income | 1229863 | ShareOfTotalIncome |
| Share Of EOY Assets | 92041895 | ShareOfEOYAssets |
| Disproportionate Allocations | false | DisproportionateAllocations |
| Code V | $0 | CodeVAmount |
| General Or Managing Partner | false | GeneralOrManagingPartner |
| Percentage Ownership | 0.51203 | PercentageOwnership |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BIOMED VALLEY DISCOVERIES INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4520 MAIN STREET STE 1650 | AddressLine1 |
| City | KANSAS CITY | City |
| State | MO | State |
| ZIP Code | 64111 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 061646533 | EIN |
| Primary Activity | SEE PART VII | PrimaryActivity |
| Legal Domicile State | DE | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | C CORP | TypeOfEntity |
| Share Of Total Income | 0 | ShareOfTotalIncome |
| Share Of EOY Assets | 0 | ShareOfEOYAssets |
| Percentage Ownership | 0.00000 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | true | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | true | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | true | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | true | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STOWERS REAL ESTATE HOLDING CORPORATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | R | TransactionType |
| Amount Involved | 1239830 | AmountInvolved |
| Method Of Amt Determination | SEE PART VII | MethodOfAmtDetermination |
Form990 Schedule R Part VII Form990ScheduleRPartVII (3 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART II, LINE 5, COLUMN B: | STOWERS POLICY INSTITUTE INC. ("SPI") IS AN ADVOCATE FOR A POLITICAL, ECONOMIC, AND SOCIAL ENVIRONMENT THAT ADVANCES AND PROTECTS BIOMEDICAL RESEARCH AND CURES. |
| PART IV, COLUMN B: | BIOMED VALLEY DISCOVERIES INC.'S PRIMARY ACTIVITY IS DEVELOPMENT AND MARKETING OF SCIENTIFIC DISCOVERIES. BIOMED VALLEY CORPORATION IS 100% SHAREHOLDER OF BVD. |
| PART V: | SRM DID ACCRUE PASS-THROUGH AMOUNT OF $1,239,830 FROM STOWERS REAL ESTATE HOLDING CORPORATION ("SREHC"). SREHC REMITTED THE AMOUNT TO SRM IN 2012. SRM IS THE TAX EXEMPT PARENT OF SREHC. SREHC IS A TAX EXEMPT ORGANIZATION UNDER SECTION 501(C)(2) OF THE CODE, AND AS SUCH, SREHC REMITS THEIR NET INCOME TO ITS TAX EXEMPT PARENT, SRM. |
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