2011-05-16T10:55:29-05:00 2010-06-30 PricewaterhouseCoopers LLP 125 High Street Boston MA 02110 990 2009-07-01 061043412 WHITEHEAD INSTITUTE FOR BIOMEDICAL RESEARCH WHIT 6172585000 NINE CAMBRIDGE CENTER CAMBRIDGE MA 021421479 Sharon Francis 6172586696 2011-05-16 true PRICEWATERHOUSECOOPERS LLP 6175305000 2009 2016-02-24 21:20:13Z DAVID PAGE NINE CAMBRIDGE CENTER CAMBRIDGE MA 021421479 144023366 false X WWW.WI.MIT.EDU X 1982 MA SEE SCHEDULE O. 16 14 405 32 -1360963 -1360963 45220294 32834466 576930 451665 16186862 25066303 4963702 8874219 66947788 67226653 0 0 0 0 28595674 27437419 0 0 455857 42087510 49295305 70683184 76732724 -3735396 -9506071 462484943 477787129 56082529 52320169 406402414 425466960 SEE SCHEDULE O. false false 48867627 0 451665 Biological & Life Sciences Research Programs, Gene Biomedical research and education to foster the understanding of biological systems, organisms, and processes with the ultimate goal of improving human health and well-being. In total, 103 publications were issued during fiscal year 2010. Gerald Fink awarded 2010 Gruber Genetics Prize, the world's preeminent prize in genetics. The FY10 Whitehead Lecture Series for High School Teacher, "The Genetics of Human Disease", provided valuable scientific and curricular updates for approximately 80 high school biology teachers from school districts across eastern Massachusetts. The program included nine scientific lectures delivered monthly. The FY10 Whitehead Spring Lecture Series for High School Students, "The ABCs of Childhood Disease," hosted 100 high school students from across the state for a three-day program of lectures, lab tours, and visits to other local research institutions and biotech companies. The program was held during the public school spring vacation week in April. Whitehead Institute's goal is the betterment of human health through the exploration of biology's most fundamental questions. In 2009, Rudolf Jaenisch ranked #1 on Science Watch's "Hottest Papers." Whitehead Institute has been named one of the three best places in the country for postdoctoral researchers to work (listed #1 in 2009) by "The Scientist." 48867627 true true false true false false true false true true true false true false false false false false false false false false false true true false false false false false true false false false true true false false false false false false false false true 239 0 true 405 true false true CJ false false false false false false false 16 14 true false false false false true false true true false false true true true true true true true true false MA X LAURA SANDER 6172585932 9 CAMBRIDGE CENTER CAMBRIDGE MA 021421479 Dr David Page 10.0 X X 247450 0 0 Mr Arthur Brill 2.0 X X 0 0 0 Dr Charles Ellis 5.0 X 0 0 0 Ms Susan Whitehead 2.0 X 0 0 0 Mr Landon Clay 2.0 X 0 0 0 Ms Brit d'Arbeloff 2.0 X 0 0 0 Mr Jonathan Goldstein 2.0 X 0 0 0 Dr Peter Hecht 2.0 X 0 0 0 Dr Barbara Imperiali 2.0 X 0 0 0 Dr Peter Kim 2.0 X 0 0 0 Mr David H Koch 2.0 X 0 0 0 Dr Robert Langer 2.0 X 0 0 0 Dr Mark Lapman 2.0 X 0 0 0 DR PHILLIP SHARP 2.0 X 0 0 0 Mr John Whitehead 2.0 X 0 0 0 Mr Peter Whitehead 2.0 X 0 0 0 DR NANCY ROSE 2.0 X 0 0 0 Mr Martin Mullins 40.0 X 308859 0 29811 Mr John Travia 40.0 X 154499 0 25556 Ms Kimberly Forness 40.0 X 84607 0 12050 Dr Gerald Fink 40.0 X 291127 0 30639 Dr Rudolf Jaenisch 40.0 X 262319 0 37075 Dr Hidde Ploegh 40.0 X 248781 0 28962 Dr Hazel Sive 40.0 X 222270 0 25819 Dr Robert Weinberg 40.0 X 244374 0 45995 2064286 0 235907 31 false true false CAPITAL GUARDIAN TRUST COMPANY 120 SOUTH STATE COLLEGE BOULEVARD BREA CA 92821 INVESTMENT MANAGERS 1507975 BAIN CAPITAL 111 HUNTINGTON AVENUE BOSTON MA 02199 INVESTMENT MANAGERS 436045 WILLIAMS CONNOLLY LLP 725 TWELFTH ST NW WASHINGTON DC 20005 LEGAL COUNSEL 3847497 THE INVESTMENT FUND FOR FOUNDATIONS 200 BARR HARBOUR DR STE 100 WEST CONSHOHOCKEN PA 19428 INVESTMENT MANAGERS 496285 WOLF GREENFIELD SACKS PC 600 ATLANTIC AVENUE BOSTON MA 02210 LEGAL COUNSEL 459726 11 23987464 8847002 123081 32834466 SCIENTIFIC SERVICES 900099 451665 451665 451665 9452602 -1379267 10831869 0 3289887 3289887 8050765 4948786 3101979 3101979 3101979 87456978 4650 71847927 15609051 4650 15613701 18304 15595397 0 0 0 SETTLEMENT 900099 76402 76402 EQUITY TRANSFER REVENUE 900099 2363890 2363890 ADMINISTRATIVE ACTIVITY REVENUE 900099 37463 37463 4598 4598 2482353 67226653 451665 -1360963 35301485 0 0 0 0 902539 902539 0 20052175 13270710 6520078 261387 1725819 1153243 548938 23638 3366421 2341624 996170 28627 1390465 929766 442398 18301 0 7268240 7268240 177182 177182 720 720 0 3206487 3206487 3255525 2514706 705562 35257 350180 128944 213980 7256 2141043 1469747 653952 17344 408076 368084 37181 2811 959447 959447 4104309 2365448 1728467 10394 380112 283971 84755 11386 0 190848 145011 44619 1218 1321558 1208272 113286 0 7294709 4717984 2550475 26250 185427 185427 LAB SUPPLIES AND EQUIPMENT 9137665 8896638 241027 TUITION 2422751 2414271 8480 FELLOWSHIPS 2654264 2654264 RESEARCH SUBCONTRACTS 2444318 2444318 DEBT ISSUANCE/AMORTIZATION 205096 205096 1187348 600459 574901 11988 76732724 48867627 27409240 455857 2286 2286 9850512 8772597 2980778 2371887 2083401 1775612 1256250 533671 314148 935482 938631 1142757 165975575 102692885 68523145 63282690 4178132 375196815 393127796 1338977 1664219 462484943 477787129 5515768 4993292 2133034 2645071 47071853 43044762 1361874 1637044 56082529 52320169 X 380907551 400298117 21344358 21018338 4150505 4150505 406402414 425466960 462484943 477787129 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 720 720 false Lobbying Activities The Whitehead Institute belongs to member organizations which may engage in lobbying activities. Dues of $720 have been specifically identified as pertaining to lobbying. 297167 X false 309747030 40934311 18181000 332500341 397020184 -71844246 16136371 309039567 0.99000 0.01000 false false 3977500 3977500 84064209 47829706 36234503 33818293 22920842 10897451 43406424 31942337 11464087 709149 709149 63282690 INVESTMENT GRADE FIXED INCOME 44218409 F EMERGING MARKET DEBT 46488011 F MARKETABLE ALTERNATIVES 26692270 F CASH AND CASH EQUIVALENTS 620781 F GLOBAL & EMERG. MKTS EQUITY 195032327 F ABSOLUTE INCOME EQUITY 28768635 F NONMARKETABLE ALTERNATIVES 51307363 F 393127796 0 IKON FINANCIAL SERVICES LEASE 23425 TIAA CREF DEFERRED COMPENSATION 1527635 CHARITABLE GIFT ANNUITIES 85984 1637044 67226653 76732724 -9506071 28487333 83284 28570617 19064546 100135708 28487333 -527065 4948787 32909055 67226653 67226653 81681511 4948787 4948787 76732724 76732724 Collections schedule D, Part III, Line 4 The Whitehead Institute for Biomedical Research's (the "Institute") art collection was purchased with a gift from its founder, Edwin Whitehead. The collection consists of 77 artworks executed in oil, acrylic, watercolor and mixed media, prints and photography. The collection's purpose is to help create/foster a stimulating environment that promotes an innovative culture to achieve the mission of the Institute. Endowment Schedule D, Part V, Line 4 The Institute's endowment funds are used to underwrite the research program of the Institute as well as to fund the administration and operation of the Institute. FIN 48 Schedule D, Part X The institute is exempt from federal income tax under Section 501(c)(3) of the U.S. Internal Revenue Code. The institute complies with Financial Accounting Standards Board (FASB) Interpretation No. 38, Accounting for Uncertainty in Income Taxes - an Interpretation of FASB Statement 109 (FIN 48). Schedule D, Part XI, Line 8 Postretirement - 610,348 Grant Recovery - (527,064) Total - 83,284 Schedule D, Part XII, Line 2d Broad Rental Expenses - 4,948,787 Schedule D, Part XIII, Line 2d Broad Rental Expenses - 4,948,787 true true true NOTICE OF THE NON-DISCRIMINATORY POLICY IS PUBLISHED ANNUALLY IN THE SUNDAY EDUCATION SECTION OF THE BOSTON GLOBE. ALSO, ALL JOB POSTINGS LISTED ON WHITEHEAD INSTITUTES' EXTERNAL WEBSITE STATES THAT THE INSTITUTE IS AN EQUAL OPPORTUNITY EMPLOYER. true true true true false false false false false false false false false false true X false true X X X X false true false false false false false false false Dr David Page 0 0 0 0 247450 0 0 0 0 0 247450 0 0 0 Mr Martin Mullins 271419 0 20000 0 17440 0 27839 0 1972 0 338670 0 0 0 Mr John Travia 137670 0 0 0 16829 0 17611 0 7945 0 180055 0 0 0 Dr Gerald Fink 283278 0 0 0 7849 0 27839 0 2800 0 321766 0 0 0 Dr Rudolf Jaenisch 230122 0 0 0 32197 0 27839 0 9236 0 299394 0 0 0 Dr Hidde Ploegh 241448 0 0 0 7333 0 24961 0 4001 0 277743 0 0 0 Dr Hazel Sive 196935 0 0 0 25335 0 21943 0 3876 0 248089 0 0 0 Dr Robert Weinberg 237775 0 0 0 6599 0 43855 0 2140 0 290369 0 0 0 schedule J, Part 1a and 1b David Page receives a housing allowance. No written policy is currently in place, however the board approved housing allowance as part of the compensation package for Directors of the Institute. Schedule J, Part 1, Line 4b: Martin Mullins: $16,500 457(b) Plan; Rudolf Jaenisch: $16,500 457(b) Plan; and John Travia: $16,500 457(b) Plan MHEFA (2006 Loan) 042456011 2006-01-25 7000000 EQUIPMENT PURCHASES false false MHEFA (2008 Loan) 042456011 2008-10-30 4000000 EQUIPMENT PURCHASES false false 759941 0 0 0 46222 0 7411220 2009 false false true true 3101471 0 0 1081118 30263 15347 2912929 false false false true false false false false false 0.00000 0.00000 0.00000 true false false false false false 0.00000 0.00000 0.00000 true true false false false false false true false false false false false HIDDE PLOEGH - MORTGAGE ASSISTANCE X 350000 231250 false true true DAVID PAGE - MORTGAGE ASSISTANCE X 350000 302421 false true true 533671 MERCK CO INC TRUSTEE AS OFFICER 259754 ROYALTY PAYMENTS ON PATENTS false X 8 123081 AVG OF HI/LOW 0 false true true Schedule M, Column B The organization is reporting the number of contributions. Schedule M, Line 32 Gifts of stock are sent directly to UBS for immediate sale. MISSION FORM 990, PART I, LINE 1 AND PART III, LINE 1 The Whitehead Institute for Biomedical Research (the "Institute") engages in biomedical research and education to foster the understanding of biological systems, organisms, and processes with the ultimate goal of improving human health and well-being. Volunteers Form 990, Part I, Line 6 The Institute does not formally track volunteers but has included the number of board members and committee members of the board of associates (friends of the institute) that are uncompensated. FORM 990, PART V, LINE 4 The Institute filed Form TD F 90-22.1 with respect to investments in certain Cayman Islands entities for Calendar Year 2009. The Institute is re-evaluating whether it is required to file Form TD F 90-22.1 for these investments for calendar year 2010 in light of the recently released treasury regulations. RELATIONSHIPS FORM 990, PART VI, LINE 2 JOHN, PETER, AND SUSAN WHITEHEAD (ALL DIRECTORS) have a family relationship. Form 990, Part VI, Line 7A At least three members of the Institute's Board must be selected from candidates designated by Massachusetts Institute of Technology, ("MIT"). Form 990, Part VI, Line 11 The process for the FY2010 Form 990 includes review by senior management, the audit committee, and the independent external tax consultants. The audit committee reviews a draft of the return and the full board receives a final copy of the Form 990 before it is filed. CONFLICT OF INTEREST POLICY FORM 990, PART VI, LINE 12 Promptly after the end of each fiscal year of the Institute (June 30), and immediately following election to the Board for the first time, directors and officers shall submit to the Vice President, or such person as the Director may designate, a completed Disclosure Statement reporting information specifically requested in the Statement and also reporting on behalf of themselves, their family members, and organizations with which they have a business relationship, any actual or planned business or other transaction or relationship that directly or indirectly involves the Institute or that for some other reason could be construed as a conflict of interest because it might affect their independent, unbaised judgement when carrying out their duties for the Institute. If a matter comes before the Board or any committee of the Board, in which a director has an interest (either directly or indirectly), such director should withdraw from discussion and voting when the Board or committee acts on such matter. Conflicts of interest are monitored by the vice President and Director who advises the chairman of the board. Compensation Determination FORM 990, Part VI, Line 15 There is a Compensation Committee of the Board of Directors that annually reviews and recommends changes of the President's salary. The last review was conducted in fiscal year 2010. Faculty salaries are set by MIT yearly. All other officer salaries are part of a raise pool that is determined annually and approved by the Board of Directors as part of the budget approval process. AVAILABILITY OF DOCUMENTS FORM 990, PART VI, LINE 19 The institute's governing documents, conflict of interest policy, and financial statements are available on request.