MINNEAPOLIS HEART INSTITUTE FOUNDATION: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- MINNEAPOLIS HEART INSTITUTE FOUNDATION (EIN 41-1426406)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-10-31
- IRS object ID
- 201103049349300825
- Schema version
- 2010v3.4
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-10-31T10:41:01-05:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LARSONALLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 SOUTH SIXTH STREET SUITE 300 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411426406 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MINNEAPOLIS HEART INSTITUTE FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MINN | NameControl |
| Phone | 6128633833 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 920 E 28TH STREET NO 100 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 554071191 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DANIEL B STENNES-ROGNESS | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 6128633833 | Phone |
| Date Signed | 2011-10-19 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | XIAOYAN LUO | Name |
| Phone | 6123764500 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JAMES V TOSCANO | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 920 E 28TH STREET NO 100 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 554071191 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 13531602 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.MPLSHEART.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1981 | YearFormation |
| State Legal Domicile | MN | StateLegalDomicile |
| Activity Or Mission Description | TO PROMOTE AND IMPROVE CARDIOVASCULAR HEALTH, QUALITY OF LIFE AND LONGEVITY FOR ALL. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 34 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 33 | NbrIndependentVotingMembers |
| Total Nbr Employees | 92 | TotalNbrEmployees |
| Total Nbr Volunteers | 1400 | TotalNbrVolunteers |
| Total Gross UBI | 10125 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 6251 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 7997715 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 6194845 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 2624269 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 2560056 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -1697738 | InvestmentIncomePriorYear |
| Investment Income Current Year | 459845 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 704013 | OtherRevenuePriorYear |
| Other Revenue Current Year | 641978 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 9628259 | TotalRevenuePriorYear |
| Total Revenue Current Year | 9856724 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 29267 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 326835 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 4856781 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 5437478 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 22543 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 866610 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4295428 | OtherExpensePriorYear |
| Other Expenses Current Year | 4282039 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 9204019 | TotalExpensesPriorYear |
| Total Expenses Current Year | 10046352 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 424240 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -189628 | RevenuesLessExpensesCY |
| Total Assets BOY | 22145432 | TotalAssetsBOY |
| Total Assets EOY | 23657369 | TotalAssetsEOY |
| Total Liabilities BOY | 1747117 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 2075680 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 20398315 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 21581689 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THROUGH GROUND-BREAKING CLINICAL RESEARCH, EDUCATION INITIATIVES AND HEALTH BEHAVIOR CHANGE PROGRAMS, WE WILL MAKE A TANGIBLE IMPACT ON IMPROVING INDIVIDUAL'S HEALTH AND REDUCE THE MORTALITY AND MORBIDITY OF CARDIOVASCULAR DISEASE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 5969898 | Expense |
| Grants | 326835 | Grants |
| Revenue | 2346456 | Revenue |
| Description | RESEARCH: DR. TIMOTHY HENRY, DIRECTOR OF RESEARCH AT THE MINNEAPOLIS HEART INSTITUTE FOUNDATION (MHIF) LED THE RESEARCH INITIATIVES FOR THE FOUNDATION. AS PRINCIPAL INVESTIGATOR FOR THE MINNESOTA CARDIOVASCULAR CELL THERAPY RESEARCH NETWORK (MNCCTRN), ONE OF FIVE SUCH NETWORKS DESIGNATED BY THE NATIONAL HEART LUNG & BLOOD INSTITUTE OF THE NATIONAL INSTITUTES OF HEALTH (NIH) CONTRIBUTED MEANINGFULLY IN 2010. ST. PAUL HEART CLINIC, MERCY HOSPITAL AND THE UNIVERSITY OF MINNESOTA FACULTY PRACTICE WERE JOINED BY THE MAYO CLINIC. DR. TIMOTHY HENRY AND DR. JAY TRAVERSE ALONG WITH PHYSICIAN INVESTIGATORS OF THE NEWLY ACTIVATED SITES AND THEIR RESEARCH STAFF WERE CREDITED WITH SIGNIFICANTLY CONTRIBUTING TO THE ENROLLMENT ON ALL OF THE APPROVED CELL THERAPY PROTOCOLS ACCOUNTING FOR UP TO TWO-THIRDS OF ENROLLMENT. THE OTHER FOUR CENTERS INCLUDE CLEVELAND CLINIC, UNIVERSITY OF FLORIDA AT GAINESVILLE, TEXAS HEART INSTITUTE AT ST. LUKE'S HOSPITAL AND VANDERBILT UNIVERSITY. THERE ARE THREE CLINICAL RESEARCH PROTOCOLS THAT ARE INVESTIGATING THE SAFETY AND EFFICACY OF CELL THERAPY IN HEART ATTACKS AND HEART FAILURE. AS THIS GRANT APPROACHES ITS FINAL YEAR, WE ARE PREPARING TO APPLY FOR COMPETITIVE RENEWAL WITH THE NIH. WE ARE HOPEFUL THAT BASED ON OUR PERFORMANCE, WE WILL CONTINUE IN OUR PURSUIT TO ADDRESS HEART DISEASE THROUGH NOVEL TREATMENTS AFFORDED BY FURTHER UNDERSTANDING CARDIOVASCULAR CELL THERAPIES.DR. BARRY MARON, DIRECTOR OF THE HYPERTROPHIC CARDIOMYOPATHY (HCM) CENTER AT THE MINNEAPOLIS HEART INSTITUTE FOUNDATION, IS A CLINICAL RESEARCH PIONEER IN THE DIAGNOSIS, TREATMENT AND MANAGEMENT OF HCM. IN 2010, HE IS CONTINUING HIS MULTI-YEAR GRANT FUNDED STUDY ON THE LONG-TERM FOLLOW-UP OF THE LARGEST DATA SET OF HCM PATIENTS WHO RECEIVED IMPLANTABLE CARDIAC DEFIBRILLATORS. THE RESULT OF THIS STUDY WILL SIGNIFICANTLY CONTRIBUTE TO THE UNDERSTANDING OF THE EFFICACY OF ICD THERAPY IN THIS PATIENT POPULATION.THE FOUNDATION EXPERIENCED A BOOM IN HEART FAILURE, HEART TRANSPLANT AND MECHANICAL CIRCULATORY SUPPORT RESEARCH. UNDER THE LEADERSHIP OF DRS. DAVID FELDMAN, NADER MOAZAMI AND BENJAMIN SUN, WE PARTICIPATED IN SEVERAL RESEARCH STUDIES INCLUDING PROTOCOLS FROM THE NIH HEART FAILURE CONSORTIUM AND SEVERAL PHARMACEUTICAL AND BIOMEDICAL DEVICE COMPANIES. UNDER DR. WILLIAM KATSIYIANNIS, OUR GENETIC ARRHYTHMIA CLINIC BEGAN COLLECTING DATA ON FAMILIAL CONNECTIONS OF SEVERAL LIFE-THREATENING ARRHYTHMIAS. THIS UNIQUE CLINIC STARTED ANALYZING BASELINE DEMOGRAPHICS AND CO-MORBID CHARACTERISTICS OF ENTIRE FAMILIES AND WOULD START REPORTING OUTCOMES DATA IN THE FUTURE. ONE OF OUR PHYSICIAN-INITIATED STUDIES WAS PRESENTED BY DR. DANIEL MELBY AT THE HEART RHYTHM SOCIETY MEETING IN DENVER, COLORADO AS PART OF LATE-BREAKING CLINICAL TRIAL SESSION. HE REPORTED THAT PATIENTS HAD LESS EARLY ATRIAL FIBRILLATION WHEN THEY RECEIVED STEROIDAL THERAPY AFTER THEIR ABLATION PROCEDURES.HISTORICALLY, WOMEN HAVE COMPRISED ONLY 25% OF PARTICIPANTS IN ALL HEART-RELATED CLINICAL RESEARCH STUDIES INDICATING THAT MORE INVESTIGATION IS NECESSARY. WE HAVE SEVERAL CLINICAL RESEARCH PROTOCOLS DELIBERATELY INVESTIGATING THE DYNAMICS OF HEART DISEASE IN WOMEN. IN OUR COLLABORATION WITH THE UNIVERSITY OF MINNESOTA AND YALE UNIVERSITY, WE HOPE TO CONTRIBUTE TO THE UNDERSTANDING OF WHY WOMEN WITH HEART DISEASE PRESENT AND RESPOND TO TREATMENT DIFFERENTLY FROM MEN.MHIF OBTAINED INFORMED CONSENTS AND ENROLLED 1,400 PATIENTS IN 2010.MHIF RESEARCHERS PUBLISHED NEARLY 90 ARTICLES IN PEER-REVIEWED JOURNALS AND PRESENTED THEIR FINDINGS AT OVER 100 PEER-REVIEWED OR INVITED LECTURES AND POSTERS IN THE PAST YEAR.MHIF HAD OVER 130 IRB APPROVED PROTOCOLS IN 2010, FROM COMPLEX CELL THERAPY, NOVEL INVESTIGATIONAL DEVICES TO OUTCOMES STUDIES. ALL OF THESE CONTRIBUTED TO THE UNDERSTANDING AND TREATMENT OF CARDIOVASCULAR DISEASE AND IMPROVE THE QUALITY OF LIFE OF PATIENTS FROM OUR IMMEDIATE COMMUNITY TO THE GREATER PUBLIC AT LARGE. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2220541 | Expense |
| Grants | 0 | Grants |
| Revenue | 213600 | Revenue |
| Description | EDUCATION: AT THE MINNEAPOLIS HEART INSTITUTE FOUNDATION (MHIF), RESEARCH AND EDUCATION PRACTICES INFORM ONE ANOTHER AND IN CONCERT, IMPROVE THE HEALTH AND CARE OF INDIVIDUALS WITH CARDIOVASCULAR DISEASE. IN 2010, THE FOUNDATION CONTINUED TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR BOTH STUDENTS AND HEALTH PROFESSIONALS. THE FOUNDATION EDUCATED MORE THAN 800 HEALTH PROFESSIONALS ON THE LATEST CARDIOVASCULAR RESEARCH PROTOCOLS AND FINDINGS THROUGH A REGIONAL WOMEN'S HEART HEALTH SUMMIT IN MINNEAPOLIS CO-HOSTED WITH THE UNIVERSITY OF MINNESOTA AND MAYO CLINIC; A NATIONAL CONFERENCE ON THERAPEUTIC HYPOTHERMIA FOR SUDDEN CARDIAC ARREST HELD IN MINNEAPOLIS; A NATIONAL SATELLITE SYMPOSIUM ON ADVANCED IMAGING TECHNIQUES AT THE VIVA (VASCULAR INTERVENTIONAL ADVANCES) MEETING IN LAS VEGAS; A NATIONAL SATELLITE SYMPOSIUM ON SYSTEMS OF CARE FOR EMERGENT CARDIOVASCULAR CONDITIONS AT THE AMERICAN HEART ASSOCIATION SCIENTIFIC SESSIONS IN CHICAGO; AND THROUGH NUMEROUS LOCAL PROGRAMS (E.G., CARDIOLOGY GRAND ROUNDS AND THE MHI FALL CARDIOVASCULAR NURSING CONFERENCE). MHIF ALSO PROVIDED A SUMMER RESEARCH INTERN PROGRAM FOR 13 UNDERGRADUATE STUDENTS INTERESTED IN BOTH RESEARCH AND MEDICINE.BESIDES PROFESSIONAL EDUCATION, MHIF CONTINUED TO PROVIDE COMMUNITY EDUCATION. IN 2010, EDUCATION WAS DELIVERED TO A VARIETY OF AUDIENCES, REACHING NEARLY 7,000 INDIVIDUALS THROUGHOUT THE YEAR AT NEARLY 110 DIFFERENT EVENTS. THE PROGRAMS DELIVERED INCLUDED BLOOD PRESSURE SCREENINGS, PRESENTATIONS, AND COOKING DEMONSTRATIONS AT WORKSITES AND COMMUNITY EVENTS, WOMEN AND GIRLS HEART HEALTH PREVENTION PROGRAMS (E.G., WOMEN ON THE MOVE, AND GIRLS AND MOMS ON THE MOVE), AND DISPLAYS AT HEALTH FAIRS. PROGRAM DEVELOPMENT IS UNDERWAY FOR SEVERAL NEW PROJECTS INCLUDING: AN EXPANSION OF THE GIRLS AND MOMS ON THE MOVE PROGRAM, WHICH INCLUDES A WEB-BASED VERSION OF THE PROGRAM, DEVELOPMENT OF ONLINE CURRICULUM FOR WOMENHEARTS' SUPPORT NETWORK COORDINATOR PATIENT SERVICES PROGRAM, AND THE DEVELOPMENT OF A CHILDREN'S BOOK AND INTERACTIVE WEBSITE TARGETING THIRD AND FOURTH GRADERS, WHICH INCLUDES ACTIVITIES FOR TEACHERS AND PARENTS. WE CONTINUE TO REACH OUT TO PARTNER WITH OTHER ORGANIZATIONS AND GROUPS IN ORDER TO EXPAND THE REACH OF OUR PROGRAMS TO OTHER DIVERSE COMMUNITIES. MHIF IS CURRENTLY REACHING OUT TO ORGANIZATIONS TO REACH AFRICAN AMERICANS AND HISPANICS WITH THE GOAL OF EXPANDING TO OTHER COMMUNITIES ONCE THESE PARTNERSHIPS ARE ESTABLISHED.IN PARTNERSHIP WITH ALLINA HOSPITALS & CLINICS, NEW ULM MEDICAL CENTER AND THE RESIDENTS OF NEW ULM, MHIF DELIVERED THE SECOND YEAR OF A 10-YEAR RESEARCH AND DEMONSTRATION PROJECT CALLED THE HEARTS BEAT BACK: THE HEART OF NEW ULM PROJECT. THE PROJECT GOAL IS TO REDUCE, AND EVENTUALLY ELIMINATE, HEART ATTACKS IN NEW ULM, MINNESOTA THROUGH INTEGRATED HEALTH CARE DELIVERY AND SERVICE ENHANCEMENTS, LIFESTYLE AND SOCIAL BEHAVIOR CHANGE PROGRAMS AND ENVIRONMENTAL POLICY CHANGES. IN 2010, THE PROJECT PROMOTED COMMUNITY HEALTH CHALLENGES TO EVERY HOUSEHOLD (APPROXIMATELY 6,000) IN TOWN AROUND IMPROVING PHYSICAL ACTIVITY LEVELS AND INCREASING CONSUMPTION OF FRUITS AND VEGETABLES. IN ADDITION, ALMOST 1,000 PEOPLE ATTENDED OVER 41 EDUCATIONAL SESSIONS (PRESENTATIONS, COOKING CLASSES AND GROCERY STORE TOURS), AND MANY MORE ATTENDED SEVERAL COMMUNITY EVENTS, INCLUDING DISTRICT LEADER LED EVENTS - WHICH USES A NEW MODEL OF COMMUNITY LEADERS TO EXPAND THE REACH OF THE PROJECT THROUGHOUT THE COMMUNITY. THE MAIN EVENTS, WHICH INCLUDED A FALL SUMMIT AND A FOOD HEALTH FAIR WITH A CULINARY COMPETITION, ATTRACTED AROUND 700 ATTENDEES. A THOROUGH WORKSITE WELLNESS ASSESSMENT FROM WELCOA WAS COMPLETED AT 45 WORKSITES. WORKSITES ALSO HAD A FALL SUMMIT, HEALTH PRESENTATIONS, AND FOUR WORKSITE WELLNESS PROGRAMS WHICH ATTRACTED OVER 2,000 EMPLOYEES AS PARTICIPANTS. THREE HEART OF NEW ULM PROVIDER GRAND ROUNDS EVENTS WERE HELD TO PROVIDE AN OPPORTUNITY FOR CLINICIANS TO LEARN MORE ABOUT STATE-OF-THE-ART THERAPIES FOR RISK IDENTIFICATION AND HEART ATTACK PREVENTION. NINETY PERCENT OF ALL AREA DOCTORS ATTENDED AT LEAST ONE OF THESE SESSIONS. THE HEARTBEAT CONNECTIONS PROGRAM LAUNCHED TO PROVIDE TELEPHONE-BASED COACHING TO PEOPLE AT HIGH RISK FOR A HEART ATTACK. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 8190439 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 87 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 92 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 34 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 33 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MN | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | AZ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | FL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | WI | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DANIEL B STENNES-ROGNESS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6128633789 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 920 E 28TH STREET SUITE 100 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 554071191 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (47 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| JAMES V TOSCANO | ||||||||
| PRESIDENT | 40.00 | X | X | 227929 | 0 | 28944 | ||
| M NICHOLAS BURKE MD | ||||||||
| CHAIR | 1.00 | X | X | 0 | 0 | 0 | ||
| ANN BENTDAHL | ||||||||
| VICE-CHAIR | 1.00 | X | X | 0 | 0 | 0 | ||
| TAMARRA GIERTZ | ||||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 | ||
| JERRY JOHNSON | ||||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 | ||
| PHIL ANKENY | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| FORREST BURKE | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| BARBARA BURWELL | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| BRADLEY CHAPIN | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| DEBORAH DIXSON | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| BARBARA SPELL DOVOLIS | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| MARNA FULLERTON | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| MORRIS GOODWIN JR | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| KEVIN GRAHAM MD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| ELIZABETH GREY MD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| ROBERT HAUSER MD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| ALAN HIRSCH MD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| MORRISON HODGES MD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| ELIZABETH HOWELL | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| DAVID HURRELL MD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| BEN JAFFRAY | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| WILLIAM KATSIYIANNIS MD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| WILLIAM KAUFMAN | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| THOMAS KELLER III | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| MAUREEN KUCERA-WALSH | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| CASEY LAWLER MD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| RICK LEGGOTT | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| RICHARD MEYER | ||||||||
| EX-OFFICIO MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| MICHAEL MOONEY MD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| STUART NOLAN | ||||||||
| PAST CHAIR/DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| CINDY PIPER | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| OCTAVIO PORTU | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| COLLEEN SARGENT | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| ROBERT SCOTT MD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| JOHN SEABERG | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| STEVE SJOBLAD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| ARCHIE SMITH | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| TIM SULLIVAN MD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| EMILY ANN TUTTLE | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| ROBERT VAN TASSEL MD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| SHELDON WERT | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| DANIEL B STENNES-ROGNESS | ||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | X | 127479 | 0 | 17433 | |||
| JOE COSICO | ||||||||
| VICE PRESIDENT - RESEARCH OPERATIONS | 40.00 | 189155 | 0 | 38746 | X | |||
| BARRY MARON MD | ||||||||
| DIRECTOR - HCM RESEARCH | 40.00 | 242198 | 0 | 24223 | X | |||
| JACKIE BOUCHER | ||||||||
| VICE PRESIDENT - EDUCATION | 40.00 | 130087 | 0 | 17433 | X | |||
| SUSAN FINK | ||||||||
| VICE PRESIDENT - EXTERNAL RELATIONS | 40.00 | 102628 | 0 | 6728 | X | |||
| JEFF VAN WORMER | ||||||||
| DIRECTOR - HEART OF NEW ULM | 40.00 | 102049 | 0 | 14785 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1121525 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 148292 | TotalOtherCompensation |
| Number Individuals GT100 K | 7 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ALLINA HEALTH SYSTEM | |||||
| 920 EAST 28TH STREET | MINNEAPOLIS | MN | 55407 | PHYSICIANS/CARDIOLOGISTS | 579792 |
| NEW ULM MEDICAL CENTER | |||||
| 1324 FIFTH STREET NORTH | NEW ULM | MN | 56073 | PROFESSIONAL MEDICAL SERVICES | 393790 |
| UNIVERSITY OF MINNESOTA | |||||
| NW 5957 | MINNEAPOLIS | MN | 55485 | STATISTICAL ANALYSIS | 133511 |
| DANIEL J EDELMAN INC | |||||
| 21992 NETWORK PLACE | CHICAGO | IL | 60673 | MARKETING SERVICES | 131577 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
| Federated Campaigns | 34959 | FederatedCampaigns |
| Fundraising Events | 688462 | FundraisingEvents |
| Government Grants | 1061882 | GovernmentGrants |
| All Other Contributions | 4409542 | AllOtherContributions |
| Noncash Contributions | 16456 | NoncashContributions |
| Total Contributions | 6194845 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|---|
| RESEARCH STUDY REVENUE | 541900 | 2346456 | $2,346,456 | ||
| MISC PROGRAM SVC REV | 900099 | 115086 | 104961 | 10125 | |
| TUITION REVENUE | 611600 | 67414 | 67414 | ||
| EECP PROGRAM REVENUE | 541900 | 16800 | 16800 | ||
| TRAINING IN CT ANGIO | 611600 | 14300 | 14300 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2560056 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 434665 | TotalRevenueColumn |
| Exclusion | $434,665 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3485080 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3459900 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 25180 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 25180 | TotalRevenueColumn |
| Exclusion | $25,180 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 110676 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 688462 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 214978 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -104302 | TotalRevenueColumn |
| Exclusion | -$104,302 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | LICENSING FEES | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 746280 | TotalRevenueColumn |
| Exclusion | $746,280 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 746280 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 9856724 | TotalRevenueColumn |
| Related Or Exempt Function Income | 203475 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 10125 | UnrelatedBusinessRevenue |
| Exclusion | $3,448,279 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 326835 | Total |
| Program Services | 326835 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 630573 | Total |
| Program Services | 227901 | ProgramServices |
| Management And General | 312766 | ManagementAndGeneral |
| Fundraising | 89906 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3961706 | Total |
| Program Services | 3235443 | ProgramServices |
| Management And General | 264205 | ManagementAndGeneral |
| Fundraising | 462058 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 228664 | Total |
| Program Services | 184711 | ProgramServices |
| Management And General | 24457 | ManagementAndGeneral |
| Fundraising | 19496 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 290424 | Total |
| Program Services | 226113 | ProgramServices |
| Management And General | 9833 | ManagementAndGeneral |
| Fundraising | 54478 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 326111 | Total |
| Program Services | 252610 | ProgramServices |
| Management And General | 35879 | ManagementAndGeneral |
| Fundraising | 37622 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28204 | Total |
| Program Services | 6248 | ProgramServices |
| Management And General | 21956 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35700 | Total |
| Management And General | 35700 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 58565 | Total |
| Management And General | 58565 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2803493 | Total |
| Program Services | 2698089 | ProgramServices |
| Management And General | 42545 | ManagementAndGeneral |
| Fundraising | 62859 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34618 | Total |
| Program Services | 29603 | ProgramServices |
| Management And General | 4500 | ManagementAndGeneral |
| Fundraising | 515 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 214014 | Total |
| Program Services | 160121 | ProgramServices |
| Management And General | 1302 | ManagementAndGeneral |
| Fundraising | 52591 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 43895 | Total |
| Program Services | 26222 | ProgramServices |
| Management And General | 12328 | ManagementAndGeneral |
| Fundraising | 5345 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 469278 | Total |
| Program Services | 377030 | ProgramServices |
| Management And General | 46013 | ManagementAndGeneral |
| Fundraising | 46235 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 282277 | Total |
| Program Services | 251851 | ProgramServices |
| Management And General | 21565 | ManagementAndGeneral |
| Fundraising | 8861 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 129777 | Total |
| Program Services | 59638 | ProgramServices |
| Management And General | 62808 | ManagementAndGeneral |
| Fundraising | 7331 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37061 | Total |
| Program Services | 29790 | ProgramServices |
| Management And General | 7271 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| MISCELLANEOUS | 84155 | 56903 | 21569 | 5683 |
| COMMUNITY RELATIONS | 55748 | 36824 | 6041 | 12883 |
| AUDIO VISUAL | 4754 | 4507 | 0 | 247 |
| PROVISION FOR BAD DEBTS | 500 | 0 | 0 | 500 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10046352 | Total |
| Program Services | 8190439 | ProgramServices |
| Management And General | 989303 | ManagementAndGeneral |
| Fundraising | 866610 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1607051 | BOY |
| EOY | 3719770 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1885328 | BOY |
| EOY | 1365158 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1667478 | BOY |
| EOY | 1370920 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33369 | BOY |
| EOY | 23396 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1804920 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1403655 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 385450 | BOY |
| EOY | 401265 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14782646 | BOY |
| EOY | 15510581 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1784110 | BOY |
| EOY | 1266279 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22145432 | BOY |
| EOY | 23657369 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1429964 | BOY |
| EOY | 1773214 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 107552 | BOY |
| EOY | 102650 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 209601 | BOY |
| EOY | 199816 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1747117 | BOY |
| EOY | 2075680 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3850417 | BOY |
| EOY | 5147790 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4093791 | BOY |
| EOY | 3938615 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12454107 | BOY |
| EOY | 12495284 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20398315 | BOY |
| EOY | 21581689 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22145432 | BOY |
| EOY | 23657369 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -189628 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 1373002 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Medical Research Org170b1 Aiii | X | MedicalResearchOrg170b1Aiii |
Hospital Name And Address HospitalNameAndAddress
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ABBOTT NORTHWESTERN HOSPITAL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| City | MINNEAPOLIS | City |
| State | MN | State |
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
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 15869588 | BeginningOfYearBalance |
| Contributions | 41177 | Contributions |
| Investment Earnings Or Losses | 1762831 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 0 | GrantsOrScholarships |
| Other Expenditures | 545566 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 17128030 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 13594481 | BeginningOfYearBalance |
| Contributions | 377857 | Contributions |
| Investment Earnings Or Losses | 2466911 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 0 | GrantsOrScholarships |
| Other Expenditures | 569661 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 15869588 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 19367606 | BeginningOfYearBalance |
| Contributions | 72884 | Contributions |
| Investment Earnings Or Losses | -5126113 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 0 | GrantsOrScholarships |
| Other Expenditures | 719896 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 13594481 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.20000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.73000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.07000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 48786 | OtherCostOrOtherBasis |
| Depreciation | 32493 | Depreciation |
| Book Value | 16293 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1337250 | OtherCostOrOtherBasis |
| Depreciation | 1135718 | Depreciation |
| Book Value | 201532 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 418884 | OtherCostOrOtherBasis |
| Depreciation | 235444 | Depreciation |
| Book Value | 183440 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 401265 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| LIMITED PARTNERSHIP INVESTMENTS | 265530 | F |
| HEDGE FUNDS | 1000749 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 1266279 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 1006 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DEFERRED RENT | Description |
| Amount | $198,810 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 199816 | TotalOfAmounts |
| Total Revenue | 9856724 | TotalRevenue |
| Total Expenses | 10046352 | TotalExpenses |
| Excess Or Deficit For Year | -189628 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 1383984 | NetUnrealizedGLOnInvestments |
| Other | -$10,982 | OtherAmount |
| Total Adjustments | 1373002 | TotalAdjustments |
| Excess Or Deficit Per FS | 1183374 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 11171161 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1383984 | NetUnrealizedGainsInvestments |
| Other Revenues | -10982 | OtherRevenues |
| Revenue Not Rptd F990 | 1373002 | RevenueNotRptdF990 |
| Revenue Subtotal | 9798159 | RevenueSubtotal |
| Investment Expenses Not Included | 58565 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 58565 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 9856724 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 9987787 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 9987787 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 58565 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 58565 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 10046352 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE FOUNDATION'S ENDOWMENT FUNDS ARE USED FOR EDUCATION, CARDIOLOGY RESEARCH, CARDIAC SURGERY RESEARCH AND TO SUPPORT RESEARCH CHAIRS AND PHYSICIAN RESEARCH. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE FOUNDATION HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE INDICATING IT IS CLASSIFIED AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) AND IS NOT A PRIVATE FOUNDATION UNDER SECTIONS 509(A)(1) AND 170(B)(1)(A)(III) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS ALSO EXEMPT FROM MINNESOTA INCOME TAXES UNDER MINNESOTA STATUTE CHAPTER 290.05. THE FOUNDATION IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ONLY ON ANY UNRELATED BUSINESS INCOME UNDER THE PROVISIONS OF SECTION 511 OF THE INTERNAL REVENUE CODE. THE FOUNDATION'S ACCOUNTING POLICY PROVIDES THAT A TAX BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTIONS OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS. THE FOUNDATION RECORDED NO AMOUNTS IN 2010 AND 2009 FOR UNRECOGNIZED TAX BENEFITS. THE FOUNDATION'S 2007 THROUGH 2010 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -12,932. CONTRIBUTION GAIN 1,950. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | CONTRIBUTION GAIN 1,950. CHANGE IN VALUE OF SPLIT INTEREST VALUE -12,932. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GALA | NameOfEvent1 |
| Gross Receipts Event1 | 632100 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 562350 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 69750 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 0 | CashPrizesEvent1 |
| Non Cash Prizes Event1 | 0 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 0 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 65871 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 35750 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 70975 | OtherDirectExpensesEvent1 |
| Name Of Event2 | GOLF TOURNAMENT | NameOfEvent2 |
| Gross Receipts Event2 | 115415 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 86542 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 28873 | GrossRevenueEvent2 |
| Cash Prizes Event2 | 0 | CashPrizesEvent2 |
| Non Cash Prizes Event2 | 0 | NonCashPrizesEvent2 |
| Rent Facility Costs Event2 | 0 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 8477 | FoodAndBeverageEvent2 |
| Entertainment Event2 | 0 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 16139 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 51623 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 39570 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 12053 | GrossRevenueOtherEvents |
| Cash Prizes Other Events | 0 | CashPrizesOtherEvents |
| Non Cash Prizes Other Events | 0 | NonCashPrizesOtherEvents |
| Rent Facility Costs Other Events | 500 | RentFacilityCostsOtherEvents |
| Food And Beverage Other Events | 11199 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 0 | EntertainmentOtherEvents |
| Other Direct Expenses Other Events | 6067 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 799138 | GrossReceiptsTotal |
| Charitable Contributions Total | 688462 | CharitableContributionsTotal |
| Gross Revenue Total Events | 110676 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 500 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 85547 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 35750 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 93181 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 214978 | DirectExpenseSummaryEvents |
| Net Income Summary | -104302 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance | Purpose Of GrantPurposeOfGrant | Address Line2AddressUS/AddressLine2 |
|---|---|---|---|---|---|---|---|---|---|---|
| UNIVERSITY OF MINNESOTA | ||||||||||
| 308 HARVARD STREET SOUTHEAST | MINNEAPOLIS | MN | 55455 | 416007513 | 501(C)(3) | 83743 | N/A | N/A | MEDICAL RESEARCH - FEDERAL SUB-AWARD | |
| ST PAUL HEART CLINIC | ||||||||||
| 225 SMITH AVENUE NORTH SUITE 400 | SAINT PAUL | MN | 551022568 | N/A | 105706 | N/A | N/A | MEDICAL RESEARCH - FEDERAL SUB-AWARD | ||
| METROPOLITAN CARDIOLOGY CONSULTANTS | ||||||||||
| 4040 COON RAPIDS BOULEVARD SUITE | MINNEAPOLIS | MN | 554334568 | N/A | 119438 | N/A | N/A | MEDICAL RESEARCH - FEDERAL SUB-AWARD | 120 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 2 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE FOUNDATION REQUIRES REPORTING BY THE GRANTEE AT THE BEGINNING OF THE GRANT PROJECT AND ALSO WITHIN THIRTY DAYS OF COMPLETION OF THE PROJECT. BOTH A STATEMENT OF ACTIVITIES AND A FINANCIAL SUMMARY ARE REQUIRED AT BOTH DATES. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (3 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JAMES V TOSCANO | |||||||||||||
| 221439 | 0 | 0 | 0 | 6490 | 0 | 16940 | 0 | 12004 | 0 | 256873 | 0 | 0 | 0 |
| JOE COSICO | |||||||||||||
| 169994 | 0 | 0 | 0 | 19161 | 0 | 15067 | 0 | 23679 | 0 | 227901 | 0 | 0 | 0 |
| BARRY MARON MD | |||||||||||||
| 241436 | 0 | 0 | 0 | 762 | 0 | 18206 | 0 | 6017 | 0 | 266421 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | J. TOSCANO - HEALTH OR SOCIAL CLUB DUES - $4,971 - NOT INCLUDED IN TAXABLE INCOME, BUSINESS USE ONLY | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE FOUNDATION'S EXECUTIVE COMMITTEE CONSISTS OF THE BOARD OFFICERS, CHAIRS OF EACH COMMITTEE OF THE BOARD AND ANY OTHER SUCH MEMBERS AS DIRECTED BY THE CHAIR. THE CHAIR OF THE BOARD SHALL BE THE CHAIR OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE HAS ALL THE POWERS OF THE BOARD BETWEEN MEETINGS OF THE BOARD, EXCEPT THAT IS SHALL NOT HAVE THE POWER TO FILL VACANCIES OF ITS OWN MEMBERSHIP NOR VACANCIES IN THE MEMBERSHIP OF THE BOARD OF DIRECTORS, THE POWER TO FILL SUCH VACANCIES BEING VESTED IN THE BOARD. IN ADDITION, UNLESS OTHERWISE DIRECTED BY THE BOARD, THE EXECUTIVE COMMITTEE SHALL FUNCTION AS THE PERSONNEL, FINANCE AND AUDIT COMMITTEES. | |
| FORM 990, PART VI, SECTION A, LINE 2 | M. NICHOLAS BURKE AND FORREST BURKE - FAMILY RELATIONSHIP | |
| FORM 990, PART VI, SECTION A, LINE 4 | THE FOUNDATION'S BYLAWS WERE AMENDED TO INCREASE THE NUMBER OF INDIVIDUALS ON THE BOARD OF DIRECTORS FROM THIRTY TO THIRTY-SIX. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS IN ADVANCE OF THE MEETING WHERE ACTION IS TAKEN TO APPROVE OR MODIFY THE FORM 990. UPON APPROVAL, THE FORM 990 IS FILED WITH GOVERNMENT AGENCIES. | |
| ALL BOARD MEMBERS, MANAGEMENT, PHYSICIANS AND EMPLOYEES CONDUCTING RESEARCH ARE COVERED BY THE CONFLICT OF INTEREST POLICY. CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE RETURNED TO THE PRESIDENT ANNUALLY. THE PRESIDENT REVIEWS EACH DISCLOSURE STATEMENT AND CONFERS WITH THE BOARD CHAIR TO ADDRESS ANY CONFLICTS. THOSE INDIVIDUALS WITH CONFLICTS ARE EXCUSED FROM THE PORTION OF ANY MEETING WHERE A DECISION IS MADE REGARDING A TRANSACTION THAT GIVES RISE TO THE CONFLICT. ALL PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE EXECUTIVE COMMITTEE SERVES AS THE COMPENSATION COMMITTEE FOR THE PRESIDENT AND MANAGEMENT TEAM (VP RESEARCH OPERATIONS, VP EDUCATION, VP EXTERNAL AFFAIRS, AND CFO). THE EXECUTIVE COMMITTEE OBTAINS COMPARABLE COMPENSATION DATA FROM SURVEYS AND/OR CONSULTANTS TO ASSIST THEM IN THEIR DELIBERATIONS. ALL MEMBERS OF THE EXECUTIVE COMMITTEE ARE INDEPENDENT OF THE PRESIDENT AND MANAGEMENT TEAM. THE DELIBERATION AND DECISION PROCESS IS CONTEMPORANEOUSLY SUBSTANTIATED IN THE EXECUTIVE COMMITTEE MEETING MINUTES. COMPENSATION FOR THE PRESIDENT J. TOSCANO WAS REVIEWED IN 2009. COMPENSATION PACKAGES FOR THE VP RESEARCH OPERATIONS, J. COSICO; VP EDUCATION, J. BOUCHER; VP EXTERNAL AFFAIRS, S. FINK; AND CFO, D. STENNES-ROGNESS WERE REVIEWED IN MARCH, 2009. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE FOUNDATION'S OFFICES. IF REQUESTED, COPIES ARE AVAILABLE BY MAIL. THE AUDITED FINANCIAL STATEMENTS, ANNUAL REPORT, AND FORM 990 ARE AVAILABLE ON THE FOUNDATION'S WEBSITE. THE FORM 990 AND ALL ACCOMPANYING SCHEDULES ARE AVAILABLE ON-LINE THROUGH GUIDESTAR. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 1,383,984. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -12,932. CONTRIBUTION GAIN 1,950. TOTAL TO FORM 990, PART XI, LINE 5: 1,373,002. | FORM 990, PART XI, LINE 5: |