2026-05-12T09:41:51+00:00 2025-06-30 440160260 Forvis Mazars LLP 1201 Walnut Street Suite 1700 Kansas City MO 641062246 990 2024-07-01 464588696 THE GRADUATE SCHOOL OF THE STOWERS INSTITUTE FOR MEDICAL RESEARCH GRAD 8169264400 1000 EAST 50TH STREET KANSAS CITY MO 64110 MATTHEW C GIBSON DIRECTOR/PRESIDENT 8169264400 2026-05-12 true Michael Engle P00482834 8162216300 2026-05-12 2024 2025-03-06 01:10:19Z MATTHEW C GIBSON 1000 EAST 50TH STREET KANSAS CITY MO 64110 6203855 false X WWW.STOWERS.ORG/GRADSCHOOL X 2013 MO THE GRADUATE SCHOOL OF THE STOWERS INSTITUTE FOR MEDICAL RESEARCH ("GSSIMR") EXEMPT PURPOSE IS TO PROVIDE GRADUATE EDUCATION THAT WILL PREPARE SCHOLARS FOR SCIENTIFIC RESEARCH IN THE BIOLOGICAL SCIENCES. 7 5 89 5 0 224000 28770 2560400 2805150 82116 198488 849 1253 2867365 3033661 0 0 0 0 2082110 2200389 0 0 0 570667 567227 2652777 2767616 214588 266045 6105921 6483799 255487 227040 5850434 6256759 X SEE SCHEDULE O false true 1252195 0 2602150 SEE SCHEDULE O 182217 0 70000 SEE SCHEDULE O 176426 0 0 SEE SCHEDULE O 94722 0 133000 SEE SCHEDULE O 94722 133000 1705560 true true false false false false false false false false false false false false false true false true true false false false false false false false false false false true false false false false false false false false false false true false false false false true true true false false true 9 0 true 89 true false false false false false false false false false false false false X 7 5 true false false false true true true true true false false false true true true true true true true false false false X KATY GRAHAM 8169264000 1000 E 50TH STREET KANSAS CITY MO 64110 CAROLINE KANE DIRECTOR & CHAIR 2.0 0.0 X X 0 0 0 MATTHEW C GIBSON DIRECTOR & PRESIDENT BEGINNING 7/1/24 8.0 40.0 X X 0 407200 238318 ALEJANDRO SNCHEZ ALVARADO DIRECTOR 2.0 42.0 X 0 1094951 839779 ANTONIO GIRALDEZ DIRECTOR BEGINNING 4/22/25 2.0 0.0 X 0 0 0 KRISTINE CALLIS-DUEHL DIRECTOR BEGINNING 4/22/25 2.0 0.0 X 0 0 0 LOIS NORA DIRECTOR 2.0 0.0 X 0 0 0 NIPAM PATEL DIRECTOR 2.0 0.0 X 0 0 0 HAYLEY HANSON SECRETARY 2.0 0.0 X 0 0 0 JENNIFER GERTON CHIEF ACADEMIC OFFICER/DEAN BEGINNING 7/1/24 2.0 40.0 X 0 396972 87876 KATY GRAHAM TREASURER & CFO BEGINNING 5/28/25 2.0 40.0 X 0 183354 41766 PENNY M SPENCE CFO/TREASURER THRU 4/8/25 2.0 49.0 X 0 753782 79650 SUSAN WEIGEL ASSOCIATE DEAN FOR ADMIN 40.0 0.0 X 130725 0 43633 GEORGE L SATTERLEE FORMER OFFICER 0.0 42.0 X 0 518670 84947 R SCOTT HAWLEY FORMER VP & DEAN DECEASED 1/31/25 0.0 40.0 X 0 360706 76835 130725 3715635 1492804 1 true true false 0 28770 27770 28770 PER CAPITA APPROPRIATION FROM SIMR 561000 2595150 2595150 SUPPLEMENTAL APPROPRIATION FROM SIMR 561000 210000 210000 0 0 0 0 2805150 198399 198399 0 0 3170283 3170194 89 0 89 89 MISCELLANEOUS REVENUE 900099 1253 1253 0 0 0 0 1253 3033661 2805150 0 199741 0 0 0 0 0 0 0 0 209415 0 209415 0 0 0 0 0 1544492 1043305 501187 0 80162 0 80162 0 304185 207370 96815 0 62135 21977 40158 0 0 0 0 0 64752 0 64752 0 11655 0 11655 0 0 0 0 0 0 0 0 0 0 0 45777 26763 19014 0 0 0 0 0 8091 2007 6084 0 79670 79670 0 0 0 0 0 0 0 0 0 0 204302 186815 17487 0 0 0 0 0 119113 111876 7237 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SUPPLIES & EQUIPMENT 19496 18650 846 0 DUES, SUBSCRIPTIONS, & REGISTRATIONS 9328 2275 7053 0 5043 4852 191 0 2767616 1705560 1062056 0 0 0 52925 87231 0 0 0 0 0 0 0 0 126 6266 0 0 5196 5240 0 0 0 0 6034176 6307461 0 0 0 13498 77601 6105921 6483799 255487 227040 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 255487 227040 X 5574800 6133211 275634 123548 0 0 0 0 0 0 5850434 6256759 6105921 6483799 266045 140280 0 X false true true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote FIN 48 FINANCIAL STATEMENT FOOTNOTE FROM THE CONSOLIDATED STATEMENTS OF SIMR AND ITS RELATED ORGANIZATIONS, COLLECTIVELY ("THE INSTITUTE"), OF WHICH GSSIMR IS AN EDUCATIONAL ORGANIZATION OF SIMR, 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. true true true true true true true false false false false false false false false false false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY NOTICE OF THE NON-DISCRIMINATION POLICY IS MADE KNOWN TO THE GENERAL COMMUNITY AS PUBLISHED ON THE STOWERS.ORG/GRADSCHOOL WEBSITE AND IN ALL BROCHURES AND PUBLICATIONS DEALING WITH RESEARCHER ADMISSIONS AND PROGRAMS. RESEARCHERS IN GSSIMR PROGRAMS COME FROM MULTIFACETED DOMESTIC US AND INTERNATIONAL COMMUNITIES. X X false true false false false false false false false MATTHEW C GIBSON DIRECTOR & PRESIDENT BEGINNING 7/1/24 0 385417 0 0 0 21783 0 203265 0 35053 0 645518 0 0 ALEJANDRO SNCHEZ ALVARADO DIRECTOR 0 1041927 0 0 0 53024 0 771447 0 68332 0 1934730 0 0 R SCOTT HAWLEY FORMER VP & DEAN DECEASED 1/31/25 0 355762 0 0 0 4944 0 51750 0 25085 0 437541 0 0 GEORGE L SATTERLEE FORMER OFFICER 0 515106 0 0 0 3564 0 51750 0 33197 0 603617 0 0 PENNY M SPENCE CFO/TREASURER THRU 4/8/25 0 752972 0 0 0 810 0 51750 0 27900 0 833432 0 0 JENNIFER GERTON CHIEF ACADEMIC OFFICER/DEAN BEGINNING 7/1/24 0 342650 0 0 0 54322 0 51750 0 36126 0 484848 0 0 KATY GRAHAM TREASURER & CFO BEGINNING 5/28/25 0 182778 0 0 0 576 0 27692 0 14074 0 225120 0 0 SUSAN WEIGEL ASSOCIATE DEAN FOR ADMIN 129592 0 0 0 1133 0 20170 0 23463 0 174358 0 0 0 Schedule J, Part I, Line 4b SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN THE FOLLOWING PERSONS WITH RESPECT TO A RELATED ORGANZATION, STOWERS INSTITUTE FOR MEDICAL RESEARCH (SIMR), PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. ALEJANDRO SANCHEZ ALVARADO - ACCRUAL OF $719,697 AND $0 DISTRIBUTION. MATTHEW C. GIBSON - ACCRUAL OF $151,515 AND $0 DISTRIBUTION. Schedule J, Part II EXPLANATION OF COMPENSATION PENNY M. SPENCE RECEIVED COMPENSATION FROM STOWERS RESOURCE MANAGEMENT INC. ("SRM") IN HER FULL-TIME ROLE AS EXECUTIVE VICE-PRESIDENT AND CFO OF SRM (THROUGH APRIL 8, 2025). ALEJANDRO SANCHEZ ALVARADO RECEIVED COMPENSATION FROM STOWERS INSTITUTE FOR MEDICAL RESEARCH ("SIMR") IN HIS FULL-TIME ROLE AS CHIEF SCIENTIFIC OFFICER OF SIMR. MATTHEW C. GIBSON RECEIVED COMPENSATION FROM SIMR IN HIS FULL-TIME ROLE AS INVESTIGATOR. JENNIFER GERTON RECEIVED COMPENSATION FROM SIMR IN HER FULL-TIME ROLL AS INVESTIGATOR. BOTH SRM AND SIMR FOLLOW THE PROCEDURES OF THE REBUTTABLE PRESUMPTION, FOR SPENCE, SANCHEZ ALVARADO, AND GIBSON, TO ESTABLISH THEIR COMPENSATION INCLUDING RETAINING THE SERVICES OF AN INDEPENDENT NATIONALLY KNOWN COMPENSATION CONSULTANT AND USING COMPENSATION COMMITTEES. GEORGE L. SATTERLEE RECEIVED COMPENSATION FROM SRM IN HIS FULL-TIME ROLE AS EXECUTIVE VICE-PRESIDENT AND HUMAN RESOURCE OFFICER OF SRM. R. SCOTT HAWLEY (DECEASED 1/31/25) RECEIVED COMPENSATION FROM SIMR IN HIS FULL-TIME ROLE AS INVESTIGATOR. 1 27770 Market value 0 false true true Schedule M, Part I COLUMN B - NUMBER OF CONTRIBUTIONS THE AMOUNT SHOWN IN PART I, COLUMN (B) FOR "NUMBER OF CONTRIBUTIONS" REPRESENTS THE TOTAL NUMBER OF CONTRIBUTIONS. Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions The organization uses its supporting organization, Stowers Resource Management ("SRM"), to process noncash contributions. Form 990, Part III, Line 1 ORGANIZATION'S MISSION THE GRADUATE SCHOOL OF THE STOWERS INSTITUTE FOR MEDICAL RESEARCH ("GSSIMR") IS A TAX-EXEMPT ORGANIZATION WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("CODE") AND FURTHER DESCRIBED AS AN EDUCATIONAL ORGANIZATION UNDER SECTION 170(B)(1)(A)(II) OF THE CODE. GSSIMR PROVIDES GRADUATE EDUCATION RELATING TO MEDICAL OR SCIENTIFIC RESEARCH WITH AN EMPHASIS ON INNOVATIVE RESEARCH TECHNIQUES IN THE BIOLOGICAL SCIENCES. GSSIMR OFFERS A RESEARCH BASED PH.D. IN BIOLOGY AND OTHER INSTRUCTION PROGRAMS. Form 990, Part III, Line 4a PROGRAM SERVICE DESCRIPTION THE MISSION OF GSSIMR IS TO PREPARE A SUPERB CADRE OF PREDOCTORAL RESEARCHERS FROM AROUND THE WORLD FOR THE PURSUIT OF INNOVATIVE AND CREATIVE INVESTIGATIONS IN THE BIOLOGICAL SCIENCES. ALL SUCCESSFUL APPLICANTS SHARE A DEMONSTRATED ABILITY TO PERFORM BIOLOGICAL RESEARCH, AS EVIDENCED BY PREVIOUS RESEARCH EXPERIENCE. THE PROGRAM FOCUSES ON EXTENDING THE ABILITY OF PREDOCTORAL RESEARCHERS (STUDENTS) THROUGH HANDS-ON LABORATORY EXPERIENCE THAT STRESSES HIGHLY CRITICAL THINKING IN COMBINATION WITH IN-DEPTH EXPERIENCE IN THE LATEST METHODOLOGIES AND APPROACHES. STUDENTS PERFORM THESIS RESEARCH IN LABORATORIES WORKING AT THE CUTTING EDGE OF MODERN BIOLOGICAL INQUIRY. IN AN AVERAGE TIME OF SIX YEARS FROM MATRICULATION, STUDENTS ARE EXPECTED TO DEVELOP AND EXECUTE A RESEARCH PROJECT THAT ADDRESSES A SIGNIFICANT BIOLOGICAL QUESTION, WHICH WILL RESULT IN A PH.D. IN BIOLOGY. THE PROGRAM OF GSSIMR STRESSES CRITICAL THINKING AND THE RAPID DEVELOPMENT OF EXPERIMENTAL PROWESS, INSTEAD OF TRADITIONAL DIDACTIC COURSEWORK. IN AUGUST, THE PH.D. PROGRAM STARTS WITH A SERIES OF SEVEN INTENSIVE ALL-DAY MODULAR COURSES WITH TOPICS INCLUDING GENETICS, GENE EXPRESSION, GENOMICS, PROKARYOTIC BIOLOGY, CELL BIOLOGY, DEVELOPMENT AND EVOLUTION, AND NEUROSCIENCE. THE MODULES INCLUDE SIGNIFICANT LAB WORK, AS WELL AS LECTURES AND CRITICAL READING AND DISCUSSION OF RELEVANT PAPERS. IN SPRING OF THEIR FIRST YEAR, STUDENTS ENGAGE IN THREE CONSECUTIVE TWO-MONTH ROTATIONS IN LABS OF THEIR CHOICE. UNDISTRACTED BY TRADITIONAL COURSEWORK, EXPECTATIONS ARE EXTREMELY HIGH FOR STUDENTS TO FOCUS ALMOST EXCLUSIVELY ON A SHORT-TERM RESEARCH PROJECT. STUDENTS ALSO PARTICIPATE IN A COURSE THAT IS DEVOTED TO THE DEVELOPMENT OF THE NECESSARY PROFICIENCY IN SCIENTIFIC COMMUNICATION. STUDENTS ENTER THEIR THESIS LABS IN JUNE OF THEIR FIRST YEAR AND UNDERGO AN ASSESSMENT OF KNOWLEDGE, PERFORMANCE, AND RESEARCH PROGRESS WITHIN THE FIRST TWO YEARS OF THEIR THESIS RESEARCH. UPON COMPLETION OF THEIR RESEARCH PROJECTS, STUDENTS ARE EXPECTED TO BE ABLE TO IDENTIFY INTERESTING BIOLOGICAL PROBLEMS, DEVISE AND CREATE INTERDISCIPLINARY APPROACHES TO THOSE PROBLEMS, AND EXECUTE INVESTIGATIONS USING THE BEST TOOLS AVAILABLE. STUDENTS ARE EXPECTED TO DEMONSTRATE PROFICIENCY IN THE CORE COMPETENCIES BY THE END OF THEIR PROGRAM. THE COMPLETION OF A BODY OF RESEARCH THAT ADDRESSES A SIGNIFICANT BIOLOGICAL PROBLEM AND IS LIKELY TO RESULT IN AT LEAST ONE PUBLICATION IN A HIGH-IMPACT JOURNAL IS REQUIRED FOR THE SUCCESSFUL COMPLETION OF THE PH.D. RESEARCH PROGRAM. THE PUBLICATION FORMS THE MAIN BODY OF A THESIS. A DETAILED LITERATURE REVIEW PRECEDES THE THESIS AND A DISCUSSION OF THE POSSIBLE NEXT STEPS IN THE RESEARCH FOLLOWS THE THESIS. PRESENTATION OF AN OPEN SEMINAR ALSO IS REQUIRED TO COMPLETE THE RESEARCH PROGRAM. GSSIMR ADMITTED ITS FIRST CLASS TO BEGIN THE PH.D. PROGRAM IN AUGUST 2012 AND HAS ADMITTED A NEW CLASS EACH AUGUST. AS OF JUNE 30, 2025, THE PROGRAM CONSISTED OF 45 STUDENTS WITH VARIOUS SCIENTIFIC RESEARCH BACKGROUNDS FROM 24 DIFFERENT COUNTRIES. 40 PH.D. DEGREES HAVE BEEN CONFERRED SINCE THE 2016-2017 ACADEMIC YEAR. Form 990, Part III, Line 4b PROGRAM SERVICE DESCRIPTION GSSIMR HAS ANOTHER INSTRUCTIONAL PROGRAM, POSTDOC EDGE. POSTDOC EDGE IS A RIGOROUS, FIVE-YEAR POSTDOCTORAL TRAINING PROGRAM DESIGNED TO PREPARE AND POSITION POSTDOCTORAL RESEARCHERS FOR SUCCESSFUL INDEPENDENT SCIENTIFIC CAREERS. THE INSTITUTE'S STRONG TRADITION OF VALUING CURIOSITY-DRIVEN SCIENCE AFFORDS POSTDOCS AN UNMATCHED RANGE OF RESEARCH OPPORTUNITIES TO ASK BOLD QUESTIONS AND ADVANCE THE FUNDAMENTAL KNOWLEDGE CRITICAL FOR UNDERSTANDING THE BIOLOGICAL BASIS OF BOTH HEALTH AND DISEASE. WORKING IN THE LAB OF A HIGHLY DISTINGUISHED STOWERS INVESTIGATOR AND GUIDED BY TEAMS OF SCIENTIFIC EXPERTS, POSTDOCS ARE EXPECTED TO LEVERAGE COMPREHENSIVE AND UNPARALLELED SUPPORT TO PERFORM RIGOROUS, IMPACTFUL RESEARCH AT THE FOREFRONT OF THEIR FIELDS. Form 990, Part III, Line 4c PROGRAM SERVICE DESCRIPTION GSSIMR HAS ANOTHER INSTRUCTION PROGRAM KNOWN AS THE STOWERS SUMMER SCHOLARS PROGRAM.THE MISSION OF THE STOWERS SUMMER SCHOLARS PROGRAM IS TO PROVIDE AN INVALUABLE LABORATORY EXPERIENCE FOR UNDERGRADUATE SCIENCE SCHOLARS WHO ARE INTERESTED IN LEARNING MORE ABOUT GRADUATE SCHOOL AND A FUTURE IN ACADEMIC RESEARCH. EACH SCHOLAR PARTICIPATING IN THE STOWERS SUMMER SCHOLARS PROGRAM WORKS ON AN INDEPENDENT RESEARCH PROJECT. THE PROGRAM OFFERS SCHOLARS THE OPPORTUNITY TO BECOME IMMERSED IN A RESEARCH TOPIC FOR A FULL-TIME EIGHT-WEEK PERIOD. STOWERS SCHOLARS HAVE OPPORTUNITIES TO INTERACT AND COLLABORATE WITH OTHER MEMBERS OF THEIR LABORATORY AND THE STOWERS COMMUNITY AS A WHOLE. IN THIS WAY, STOWERS SCHOLARS EXPERIENCE NOT ONLY THE INTELLECTUAL BUT ALSO THE COLLABORATIVE SPIRIT OF RESEARCH. IN ADDITION, STOWERS SCHOLARS HAVE THE OPPORTUNITY TO FAMILIARIZE THEMSELVES WITH THE LATEST TECHNIQUES IN LABORATORIES AND SUPPORTING TECHNOLOGY CENTERS, WHICH ARE EQUIPPED WITH THE MOST ADVANCED TECHNOLOGY. STOWERS SCHOLARS SPEND THE VAST MAJORITY OF THEIR TIME IN THE LABORATORY. ALL SCHOLARS ARE REQUIRED TO ATTEND WEEKLY SCIENTIFIC SEMINARS ON AN ARRAY OF RESEARCH TOPICS. OTHER ACTIVITIES INCLUDE A WEEKLY LUNCH WHERE SCHOLARS HEAR PRESENTATIONS BY STOWERS SCIENTISTS, SHARE IDEAS, AND DISCUSS INDIVIDUAL PROJECTS AND EXPERIMENTS. AT THE COMPLETION OF THE PROGRAM, SCHOLARS PRESENT THEIR WORK IN AN ALL-INSTITUTE POSTER SESSION. IN 2025, THE STOWERS SUMMER SCHOLARS PROGRAM HAD 18 PARTICIPANTS FROM SEVEN COUNTRIES, REPRESENTED 15 SCHOOLS, AND PERFORMED RESEARCH IN 13 DIFFERENT LABS AT THE STOWERS INSTITUTE. Form 990, Part III, Line 4d OTHER PROGRAM SERVICE DESCRIPTION ANOTHER GSSIMR INSTRUCTIONAL PROGRAM IS THE COMPUTATIONAL BIOLOGY SCHOLARS PROGRAM. THIS ONE-YEAR PROGRAM PROVIDES A VALUABLE, CAREER-ENHANCING RESEARCH AND MENTORING OPPORTUNITY FOR EARLY-CAREER COMPUTATIONAL BIOLOGISTS AND BIOINFORMATICIANS. COMPUTATIONAL BIOLOGY SCHOLARS ARE IMMERSED IN THE ENVIRONMENT OF INDIVIDUALS, TECHNOLOGIES, AND APPROACHES THAT TOGETHER PRODUCE INNOVATIVE AND IMPACTFUL RESEARCH. THE SCHOLARS RECEIVE MENTORSHIP AND HANDS-ON EXPERIENCE WORKING ALONGSIDE EXPERTS FROM STOWERS TECHNOLOGY CENTERS WHILE ANSWERING BIOLOGICAL QUESTIONS FROM A STOWERS LABORATORY. THE PROGRAM REQUIRES PARTICIPANTS TO HAVE RECEIVED A BACHELOR'S DEGREE OR HIGHER IN COMPUTER SCIENCE, BIOINFORMATICS, DATA SCIENCE, OR A RELATED FIELD, INCLUDING A BIOLOGY DEGREE WITH EXPERIENCE IN CODING. APPLICANTS NEED TO DEMONSTRATE EXPERIENCE WITH LINUX, R, PYTHON, DATA ANALYSIS, AND VISUALIZATION; ABILITY TO READ EXISTING CODE AND MAKE CHANGES; AND FAMILIARITY WITH STATISTICS AND QUANTITATIVE REASONING. FOR THE 2024-2025 PROGRAM YEAR, THE PROGRAM HAD TWO PARTICIPANTS WORKING WITH TWO DIFFERENT LABS AT THE STOWERS INSTITUTE. Form 990, Part III, Line 3 Significant changes in program services For Fiscal Year 2025, the Research Scholars Program was paused. The program returned in fiscal year 2026 after re-evaluation. Form 990, Part III, Line 4a-4c Description of program services (Expenses $ 94,722 including grants of $ 0)(Revenue $ 133,000) SEE SCHEDULE O Form 990, Part VI, Line 11b Review of form 990 by governing body THE DATA AND INFORMATION NECESSARY TO PREPARE GSSIMR'S FORM 990 WAS COMPILED BY GSSIMR'S ACCOUNTING SUPPORT TEAM. FORVIS MAZARS LLP, THE INSTITUTE'S EXTERNAL TAX PREPARER, USES THIS INFORMATION TO PREPARE THE FORM 990. THE COMPLETED FORM 990, INCLUDING REQUIRED SCHEDULES, IS REVIEWED BY THE OFFICERS OF GSSIMR BEFORE IT IS FILED WITH THE IRS. AFTER THE PREPARATION AND REVIEW PROCESS DESCRIBED ABOVE, THE FORM 990, INCLUDING REQUIRED SCHEDULES IS PROVIDED TO EACH VOTING MEMBER OF THE ORGANIZATION'S BOARD BEFORE IT IS FILED WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy GSSIMR 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 GSSIMR ARE REQUIRED TO ANNUALLY COMPLETE AND SIGN A DISCLOSURE STATEMENT THAT IS PART OF THE POLICY. ALSO, 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. PER THE POLICY, THE BOARD OF DIRECTORS OR GOVERNANCE COMMITTEE THEN REVIEWS THE DISCLOSURE TO DETERMINE WHETHER A CONFLICT EXISTS. AFTER THE COVERED PERSON MAKES THE RELEVANT DISCLOSURE, THEY ARE RECUSED AND MAY NOT PARTICIPATE IN THE DELIBERATIONS AND DECISIONS REGARDING THE TRANSACTION. GSSIMR ALSO CONDUCTS PERIODIC AND ADHOC REVIEWS OF TRANSACTIONS AND AGREEMENTS TO ENSURE THAT IT ENGAGES ONLY IN ACTIVITIES THAT ARE CONSISTENT WITH ITS TAX-EXEMPT PURPOSE. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE BOARD, WHICH INCLUDES A MAJORITY OF INDEPENDENT BOARD MEMBERS (AS REQUIRED BY THE ORGANIZATION'S BYLAWS, AND AS DEFINED AND DETERMINED IN ACCORDANCE WITH THE ORGANIZATION'S POLICY ON CONFLICTS OF INTEREST AND DIRECTOR INDEPENDENCE), IN ACCORDANCE WITH ITS ADOPTED BYLAWS, WILL REVIEW THE PERFORMANCE OF THE ORGANIZATION'S PRESIDENT ANNUALLY BEGINNING JUNE 2, 2026 (IN AN EXECUTIVE SESSION HELD IN CONJUNCTION WITH A REGULARLY SCHEDULED BOARD MEETING), DURING WHICH THE BOARD WILL ADDRESS ACCOMPLISHMENTS WITH RESPECT TO THE ORGANIZATION'S STRATEGIC INITIATIVES, DISCUSS SALARY INCREASE OPTIONS, AND ULTIMATELY APPROVE THE PRESIDENT'S TERMS OF EMPLOYMENT, INCLUDING COMPENSATION. ASIDE FROM THE ANNUAL FORMAL REVIEW, THE BOARD INFORMALLY DISCUSSES THE PRESIDENT'S PERFORMANCE AT EACH EXECUTIVE SESSION HELD IN CONJUNCTION WITH A REGULARLY SCHEDULED BOARD MEETING. MATTHEW C. GIBSON IS COMPENSATED BY RELATED ORGANIZATION, STOWERS INSTITUTE FOR MEDICAL RESEARCH ("SIMR"), AND PART OF HIS COMPENSATION FROM SIMR IS ALLOCATED ON LINE 5 OF THE STATEMENT OF FUNCTIONAL EXPENSES FOR SERVICES PERFORMED IN HIS OFFICIAL CAPACITY FOR THIS ORGANIZATION. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, LINE 2 FAMILY/BUSINESS RELATIONSHIPS AMONGST INTERESTED PERSONS ALEJANDRO SANCHEZ ALVARADO AND MATTHEW C. GIBSON, DIRECTORS OF GSSIMR, AND PENNY M. SPENCE (THROUGH APRIL 8, 2025) AND JENNIFER GERTON, OFFICERS OF GSSIMR, HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, LINE 6 LINE 7A AND LINE 7B - SOLE MEMBER AND GOVERNANCE DECISIONS SIMR IS GSSIMR'S SOLE MEMBER AND ELECTS GSSIMR'S BOARD OF DIRECTORS. SIMR ALSO HAS THE RIGHT TO REMOVE, WITH OR WITHOUT CAUSE, ONE OR MORE DIRECTORS. FORM 990, PART VI, LINE 15B PROCESS TO ESTABLISH COMPENSATION OF OTHER OFFICERS & KEY EMPLOYEES JENNIFER GERTON (BEGINNING JULY 1, 2024) IS COMPENSATED BY RELATED ORGANIZATION, SIMR, AND PART OF HER COMPENSATION FROM SIMR IS ALLOCTED ON LINE 5 OF THE STATEMENT OF FUNCTIONAL EXPENSES FOR SERVICES PERFORMED IN HER OFFICIAL CAPACITY FOR THIS ORGANIZATION. PENNY M. SPENCE (THROUGH APRIL 8, 2025) AND KATY GRAHAM (BEGINNING MAY 28, 2025) ARE COMPENSATED BY RELATED ORGANIZATION, STOWERS RESOURCE MANAGEMENT INC. ("SRM"), FOR SERVICES PERFORMED IN THEIR OFFICIAL CAPACITIES FOR SRM. STOWERS INSTITUTE FOR MEDICAL RESEARCH 1000 EAST 50TH STREET KANSAS CITY MO 64110 202993509 MED RESEARCH DE 501(c)(3) 4 NA false STOWERS RESOURCE MANAGEMENT INC 1000 EAST 50TH STREET KANSAS CITY MO 64110 412186719 SUPPORT ORG DE 501(c)(3) Type I SIMR true STOWERS REAL ESTATE HOLDING CORPORATION 1000 EAST 50TH STREET KANSAS CITY MO 64110 261472230 TITLE HOLDING DE 501(c)(2) SRM true BIOMED VALLEY CORPORATION 1000 EAST 50TH STREET KANSAS CITY MO 64110 743238244 SUPPORT ORG DE 501(c)(3) Type I SIMR true STOWERS SCIENTIFIC EDUCATION INSTITUTE 1000 EAST 50TH STREET KANSAS CITY MO 64110 205916445 SUPPORT ORG DE 501(c)(3) Type I SIMR true STOWERS POLICY INSTITUTE INC 1000 EAST 50TH STREET KANSAS CITY MO 64110 203270502 SEE PART VII DE 501(c)(4) SIMR false STOWERS INVESTMENT HOLDING CORPORATION 1000 EAST 50TH STREET KANSAS CITY MO 64110 920365628 TITLE HOLDING DE 501(c)(2) SRMSPI false BIOMED VALLEY DISCOVERIES INC 4435 MAIN ST SUITE 550 KANSAS CITY MO 64111 061646533 SEE PART VII DE NA C Corporation true false false false false false false false false false false false false false true true true true false true STOWERS RESOURCE MANAGEMENT O 2984672 FAIR MARKET VALUE Schedule R, Part II, Column (b) PRIMARY ACTIVITY STOWERS POLICY INSTITUTE INC'S. ("SPI") PRIMARY ACTIVITY IS TO PROMOTE INNOVATIVE AND ETHICAL BIOMEDICAL RESEARCH, THERAPIES AND CURES, AND TO ADVOCATE FOR A POLITICAL, ECONOMIC, AND SOCIAL ENVIRONMENT THAT ADVANCES, FACILITATES, AND PROTECTS THAT RESEARCH AND THOSE THERAPIES AND CURES. Schedule R, Part IV, Column (b) PRIMARY ACTIVITY BIOMED VALLEY DISCOVERIES, INC.'S ("BVD") PRIMARY ACTIVITY IS THE DEVELOPMENT AND MARKETING OF SCIENTIFIC DISCOVERIES. BIOMED VALLEY CORPORATION IS THE 100% OWNER OF BVD STOCK. Schedule R, Part V, Line 1n LINE 1O - VARIOUS TRANSACTIONS WITH RELATED ORGANIZATIONS SRM AND SIMR, RELATED PARTIES, SHARE FACILITIES AND EMPLOYEES WITH GSSIMR IN ORDER TO PROVIDE THE SUPPORT SERVICES DESCRIBED IN A FUNDING AND SUPPORT SERVICES AGREEMENT. NOTWITHSTANDING THE SERVICES TO BE PROVIDED, NEITHER SRM OR SIMR WILL BE RESPONSIBLE FOR ANY MATTERS RELATING TO (A) DAY-TO-DAY CONDUCT OF GSSIMR'S OPERATIONS, INCLUDING DIRECT SUPERVISION OF GSSIMR'S EMPLOYEES, OR (B) ACADEMIC DUTIES AND RESPONSIBILITIES AND FUNCTIONS RELATED TO ACADEMICS. THE CONDUCT OF GSSIMR'S ACADEMIC ACTIVITIES AND FUNCTIONS RELATED TO ACADEMICS REMAIN UNDER THE EXCLUSIVE SUPERVISION, DIRECTION, AND CONTROL OF GSSIMR. SRM SUPPORT SERVICES INCLUDE CAMPUS SECURITY, FINANCE AND ACCOUNTING SERVICES, INFORMATION TECHNOLOGY, LEGAL COUNSEL, SCIENCE COMMUNICATIONS AND GRANTS ADMINISTRATION, PLANT MAINTENANCE, LIBRARY SERVICES, PROCUREMENT, RECEIVING, AND LAB RESEARCH REGULATORY AND ENVIRONMENTAL HEALTH AND SAFETY TRAINING AND SUPPORT. SIMR SUPPORT SERVICES INCLUDE PROVIDING FACULTY MEMBERS, LABORATORY FACILITIES, AND FINANCIAL SUPPORT FOR THE PREDOCTORAL RESEARCHERS DURING TIME SPENT ON THEIR THESIS RESEARCH IN THE LABORATORIES. Schedule R, Part V, Line 1s OTHER TRANSFER FROM RELATED ORGANIZATION GSSIMR RECEIVES THE PER CAPITA FORMULA BASED APPROPRIATION FROM STOWERS INSTITUTE FOR MEDICAL RESEARCH ("SIMR") REPORTED ON FORM 990, PART VIII REVENUE LINE 2A. GSSIMR RECEIVES SUPPLEMENTAL APPROPRIATION FROM SIMR REPORTED ON FORM 990, PART VIII REVENUE LINE 2B.